Full text of Treasury Bulletin : February 1971
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
T
r
e
a
s
u
r
y
B
F e b r u a r y
*:W
ill
...
!!!!!!!
;11
U
N
I
l
l
e
t
i
1 9 7 1
•«!!!! I •••’
1111n I
T
u
E
' lllllll' ' I
D
S
T
A
T
E
S
O F F I C E
T
R
O F
E
A
T H E
S
U
R
Y
D
S E C R E T A R Y
E
P
A
R
T
M
E
N
T
n
T h e T r e a s u r y Bulletin is for sale b y the
S u p eri nt en den t of D o c u m e n t s ,
U.S. G o v e r n m e n t Printing Office, W a s h i n g t o n , D .C. 20402
Subscription per year $13.50 domestic, $17.00 foreign.
Singl e cop y price varies.
February
1971
C O
T r e a s u r y
f i n a n c i n g
N T
E N
T S
o p e r a t i o n s .....................................................................
II
F e d e r a l
fiscal
o p e r a t i o n s ...................................................................................
1
F e d e r a l
o b l i g a t i o n s .............................................................................................
1 2
A c c o u n t
o f
S t a t e s ..........................................
1 6
s t a t i s t i c s ..............................................................................................
1 9
d e b t .......................................................................................................
2 0
M o n e t a r y
F e d e r a l
P u b l i c
t h e
d e b t
States
U n i t e d
S t a t e s
T r e a s u r y
M a r k e t
A v e r a g e
o f
U n i t e d
s a v i n g s
n o t e s .............................................................................
6 6
F e d e r a l
s e c u r i t i e s .......................................................................
6 7
yields
o f
-
o w n e r s h i p ........................................................................
c o m m e r c i a l
o f
o n
T r e a s u r y
l o n g - t e r m
financial
b a n k
o p e r a t i o n s
Details
t a b l e
of
o f
figures
6 9
o w n e r s h i p .......................................
7 5
s e c u r i t i e s .....................................
8 0
b o n d s .................................................................
8 3
s t a t i s t i c s .....................................................................
8 5
m o v e m e n t s ..........................................................................................
C u m u l a t i v e
2 8
6 0
q u o t a t i o n s
F i n a n c i a l
Note:
t h e
b o n d s .............................................................................
s u r v e y
In t e r n a ti ona l
C a p i t a l
s a v i n g s
s u r v e y
T r e a s u r y
o f
o p e r a t i o n s ........................................................................................
U n i t e d
O w n e r s h i p
T r e a s u r e r
o f
f u n d s ....................
1 2 7
c o n t e n t s ..........................................................................
1 4 0
m a y
G o v e r n m e n t
not
add
to totals
a g e n c i e s
because
of
a n d
9 0
rounding.
II
Treasury
T r e a s u r y
F i n a n c i n g
February Refunding
On January 20
fering of 5-7/8$ notes
There were
$29.6 billion of securities eligible to be
exchanged, of w h i c h $ 1 6 . 1 b i l l i o n
an exchange of
l i o n for the 5-7/8$
d a t e d F e b r u a i y 15, 1971, d ue A u g u s t
1 5 , 1975 , a n d 6 - 1 / 4 $ n o t e s d a t e d F e b r u a i y 15, 19 71, d u e F e b
r u a i y 15, 1 9 7 8 ,
O p e r a t i o n s
1972.
the Treasuiy announced
Bulletin
notes.
was exchanged;
$7.7 bil
notes and $8.4 billion for the
6-1/4$
Details relating to the securities and amounts h eld
and exchanged b y the general public are s h o w n in the acc o m
to holders of notes and bonds maturing F e b
r u a r y 15, M a r c h 15, a n d N o v e m b e r 15, 1 9 71, a n d F e b r u a r y 15,
panying table.
(in m i l l i o n s o f d o l l a r s )
AMOUNT EXCHANGED
ELIGIBLE FOR EXCHANGE
Amount
Securities
for 5-7/8#
notes
maturing
Aug. 15, 1 9 7 5
for 6-l/k%
notes
maturing
Feb. 15, 1 9 7 8
UNEXCHANGED
Total
5-3/8^ notes, C-1971
m a t u r i n g Feb. 15, 1 9 7 1
2 ,2 8 5
1,0 3 6
963
1 ,9 9 9
286
7 - 3 / 1$ n o t e s ,
m a t u r i n g Feb.
D-1971
15, 1 9 7 1
2 ,7 2 8
1,0 2 1
1,198
2 ,2 19
509
2-1/2$ bonds, 1966-71
m a t u r i n g Max. 15, 1 9 7 1
1,0 11
3 1U
h6k
778
233
5-3/8$ notes, B-1971
m a t u r i n g Nov. 15, 1 9 7 1
l,Wn
332
hcrr
739
702
7 - 3 A $ notes, G-1971
m a t u r i n g Nov . 15, 1 9 7 1
3,101
289
531
820
2 ,2 8 l
3-7/8$ bonds, 1971
m a t u r i n g Nov. 15, 1 9 7 1
2 ,2 3 0
8 18
70^
1,5 2 2
708
U - 3 /l*$ n o t e s , A - 1 9 7 2
m a t u r i n g Feb. 15, 1 97 2
1,561
52 9
Mt2
971
590
7-1/2$ notes, C-1972
m a t u r i n g Feb. 15, 1 9 7 2
3,131
390
303
693
2,1*38
U$ bonds, 1972
m a t u r i n g Feb. 15, 1 9 7 2
2,021
632
6U8
1,2 8 0
19,509
5 ,3 6 1
5,660
11,0 2 1
Total
In addition
public,
to the amounts
subscriptions
exchanged b y the
general
for Government accounts and the F e d
.
7*H
8,W8
except that subscriptions addressed to one of those agencies
and postmarked before midnight,
J a n u a r y 26 , w e r e
e ral Reserve ban k s totaled $2.3 b i l l i o n for the 5-7/8$ notes
be timely.
were not accepted.
and $2.7 b i l l i o n for the 6 - 1/4$ notes.
d a t e d F e b r u a i y 15, 1 971 , w e r e t o b e d e t a c h e d f r o m s e c u r i t i e s
The s u b s cription books w e r e o p e n unt i l 8:00 p.m., local
time,
J a n u a r y 27, 1 9 7 1 .
be received
Office of
To
be timely subscriptions had to
b y a Federal Reserve
b a n k o r b r a n c h or b y the
the T r e a s u r e r o f the U n i t e d St a t e s b y s u c h time,
tendered in
Cash subscriptions
exchange and cashed
w h e n due.
deemed to
Coupons
Coupons
dated
M a r c h 15, M a y 15, A u g u s t 15, a n d N o v e m b e r 15, 19 71, a n d F e b
r u a r y 15, 1 9 7 2 , h a d t o b e a t t a c h e d t o t h e a p p r o p r i a t e s e c u
rities w h e n surrendered.
Interest
on securities due March
F e b r u a r y 1971
III
T r e a s u r y
F i n a n c i n g
O pe ra tio ns
- (Continued)
15, 1971, N o v e m b e r 15, 1971, and F e b r u a i y 15, 1972, w a s a d
turity .
j u sted as o f F e b r u a i y 15, 1 9 7 1 .
in denominations o f $1,000,
F e b r u a i y 15, 19 7 1 ,
inter
est due o n registered securities w as paid b y issue of inter
The notes wer e issued in b e a r e r and registered form
$1,000,000.
est checks in regular course to holders of record on January
$5,000,
$100,000,
Details
showing
cash
and interest adjustments for subscribers w h o exchanged secu
r ities due M a r c h 15, 1971, N o v e m b e r 15, 1971,
15, 1972,
I n t e r e s t o n t he n e w n o t e s w i l l b e p a y a b l e o n A u g u s t 15,
1971,
and
It w a s a t a x a b l e e x c h a n g e .
The notes were offered at par.
15, 1971, the date the t r a n s f e r boo k s closed.
$10,000,
and thereafter on February 15 and August 15 until
for e i ther the 5-7/8% notes or
and February
6-1/4# notes, ap
p e a r in the following table.
ma
(In dollars p e r $ 1 0 0 face value)
Payment to
Subscriber
for Accrued
Interest to
F e b r u a r y 15,
1971, on
Securities
Exchanged
Payment to Adjust
Exchange Value
SECURITIES EXCHANGED
To
Subscriber
By
Subscriber
2-1/2*
5-3/8*
7-3/W
3-7/8*
k-3/k%
7-1/2*
bond
note
note
bond
note
note
bond
.15
3/15/71
11/15/71
H/15/71
11/15/71
2/15/72
2/15/72
2/15/72
On January 20 tenders
.50
.1^84807
.050000
.05
2.65
2.650000
.500000
.50
were invited
for $500 million,
bills, representing an
a ddit i o n a l amount o f b i l l s d ated October 31, 1970, m a t u r i n g
Octo b e r 31, 1971,
.906630
1.966022
k.269613
t o t a l e d $3.3.6 b i l l i o n , r e p l a c i n g
of 272-day Treasury
and for $1.2 billion, o r thereabouts,
To
Subscriber
By
Subscriber
1.056630
1.366022
1.969613
.9814-807
.60
2.30
9-Month and Qne-vear Bills
or thereabouts,
"Net A m o u n t P a i d
ing bills.
There were four
and four 182-day
an equal
91-day
amount of matur
issues o f $2.0 b i l l i o n
issues of $1.4 billion.
Average rates for
the n e w issues are shown in the following table.
of
3 6 5 - d a y T r e a s u r y b i l l s t o b e dat e d Ja n u a r y 31, 1971, t o m a
t u r e J a n u a r y 31, 1972, b o t h s e r i e s t o b e i s s u e d F e b r u a i y 1.
These issues w e r e to refund $1,503 m i llion of bills maturing
January 31.
T e n d e r s w e r e o p e n e d o n J a n u a r y 26.
Tenders received for the 272-day bills totaled
million, of w h i c h $500 mil l i o n w a s accepted,
million of noncompetitive tenders.
The
$1,285
Date of —
including $17
average bank
dis
count rate was 4.269 percent.
Additional
issue
Tenders received f or the 3 6 5 - d a y bills
million, of w h i c h
13-week
(Additional amount of bills of
original m a t u r i t y o f 26 weeks)
1971
Jan.
The average b a n k discount
rate was 4.249 percent.
7
14
21
28
1970
Oct.
8
15
22
29
13-week and 26-week bills
Issues o f
regular weekly
Date of
issue
Approximate
equivalent
annual
average
rate 1/
totaled $1,810
$3.,199 m i l l i o n w a s a c c e p t e d , i n c l u d i n g $ 3 9
million of noncompetitive tenders.
Original
issue
Approximate
equivalent
annual
average
rate 1/
26-week
Treasury bills
in
January
1/
Bank discount basis.
4.921
4.640
4.214
4.201
1971
Jan.
7
14
21
28
4.927
4.633
4.243
4.236
T r e a s u r y Bulletin
I V
T r e a s u r y
F i n a n c i n g
Treasury bills are sold on a bid b a sis.
is p a y a b l e w i t h o u t i n t e r e s t a t maturity.
$100,000,
ue) .
Tenders are
branches.
Each
The face amount
They are issued in
a n d i n d e n o m i n a t i o n s o f $ 1 0 , OCX), $ 1 5 , 0 0 0 ,
$50,000,
$500,000,
and $1,000,000
(m a t u r i t y v a l
funds or in a like face amount of Treasury bills maturing on
that date.
Banking institutions
be for a minimum
of $10,000.
26-week, 9 - month,
Tenders may be made
dealers in investment
from others must be accompanied
Foreign Series and Foreign Currency Series
without deposit
securities.
Tenders
b y payment of 2 percent of
$816 million, consisting
edness and one note.
million.
accompanied b y an express
guaranty of payment b y an incor
porated b a n k or trust company.
f r o m a n y one bidder,
full at the average price of accepted
are
usually
accepted in
competitive bids for
a n issue.
totaled
of indebt
foreign
series securities
(Details
are sho w n o n
5 7 .)
Foreign currency series securities issued
consisted of one certificate
denominated
and
in
Januaiy
in Swiss
one n ote
Swiss francs equivalent to $30 million,
francs
denominated
A t the end of
January foreign currency series securities outstanding
taled an equivalent of $1,366 million and were
page
in
Redemptions fo r the
mon t h totaled an equivalent o f $130 million.
in German marks and Swiss francs.
Payment for accepted tenders must be made or completed
January
Redemptions for the month totaled $1,221
A t the end of Januaiy
e quivalent to $100 million,
N o n c ompetitive tenders (without stated price),
issued in
of eight certificates
outstanding totaled $3,926 million.
page
t h e f a c e a m o u n t o f b i l l s a p p l i e d for, u n l e s s t h e t e n d e r s a r e
Note:
an d one-
accounts.
Foreign series securities
generally may submit tenders for
b y incorporated banks and trust companies and b y responsible
for $200,000 or less
Payment for 13-week,
year bills may not be made b y credit in Treasury tax and loan
Tenders over $10,000 mus t be i n multiples of $5,000.
and recognized
in cash or other immediately available
received at Federal Reserve banks and
tender must
account of customers.
- (Continued)
o n t h e dat e of issue,
Tr ea s t n r v B i l l s - f o m a r a !
b e a r e r f o r m only,
Op er at ion s
(Details
are
59.)
Details of Treasury market financing operations are shown elsewhere in tables on public debt operations.
to
denominated
shown
cn
1
February 1971
.FEDERAL FISCAL OPERATIONS
Table FFO-1. - Summary of Fiscal Operations
(In millions of dollars)
Budget receipts, expenditures, and lending
Loan account
The expenditure account
Fiscal year
or month
1962 .......
196 3
196 4
196 5
Net
Net
receipts expend
itures
2/
3/
(l)
99,676
106,560
112,662
196 9
197 0
116,833
130,856
1^9,552
153,671
187,784
193,743
1971 (Est.).
1972 (Est.).
1969-Dec...,
194,193
217,593
l6,7llr
1970-Ja
n
Feb..
Mar...,
Apr...,
May...,
June..
16,302r
14,929r
1 3 ,lllr
22,043r
13,986r
22,561
July..,
Aug....
Sept..
Oct...,
Nov...
Dec...
Fiscal 1971
to date...,
12,609
196 6
196 7
196 8
Surplus
or defieit (-)
(1M2)
(3)
(2)
104,462
111,456
118,039
117,181
130,820
-4,786
-4,896
-5,377
-347
36
-3,649
-19,131
4,712
-710
153,20 1
172,802
183,072
194,460
211,143
-16,951
-10,693
l,486r
228,286
15,225*
-261
-61
Loan
dis
burse
ments
(«+)
(5)
9,621
7,271
9,791
9,693
9,646
10,237
10,911
14,628
17,676
20,327
13,167
8,344
9,662
11,6 9 1
6,215
8,807
9,440
7,196
8,'494
687
8251
3,602
-16,522
-1 ,6 1 1
-946
lS8r
212,755
229,232
15,087T
-18,562
-11,639
l,624r
l6,399r
14,885r
I6,540r
18,057r
I6,445r
15,351
-97
43
-3,429
3,986
-2,459
7,210
326
19,327
17,495
17,443
17,640
16,728
15,550
-6,718
-2,323
1,281
-6,147
-2,594
-121
-99
104,183
-16,6 21
164
104
-254
-200
17
-66
-114
-150
-112
3,701
15,876
104,084
196,588
-7,137
-4,751
-5,922
-1,596
-3,796
-8,702
-25,161
3,236
-2,845
478
602
598
742
585
647
87,562
106,813
111,311
118,584
118,430
134,652
158,254
178,833
184,548
460
484
592
472
973
16,616
-2,351
145
-545
-1,249
-3,832
-5,053
-6,030
-1,476
-2,128
686
517
364
479
877
667
Budget
surplus
or def
icit (-)
(3)+(6)
(8)
(2)-(6)
(7)
698
19,344
17,429
17,329
17,490
Out
lays 3/
-(«0+(5)
(6)
533
581
771
564
587
1,357
-3,175
4,186
-2,351
7,690
15,172
18,725
11,493
14,134
15,429
11
10,796
12,623
14,297
I 6 ,283r
17,858r
I6,337r
14,871
-6,735
-2,257
1,396
-5,997
-2,482
-447
2L
Net
lending
Loan
repay
ments
Means of financing - net transactions
Borrowings from the public - Federal securities
-108
-480
Public
debt
securi
ties
(9)
(10)
9,230
7,659
5,853
5,561
1,450
196
508
704
4,04l
t m
21,357
6,142
17,198
25,926
23,556
113
-654
1,275
3 ,16 1
-4,813
3,893
Fiscal year
or month
Within gen'l.
acct. of
Treasurer,
U.S. 6/
(deduct)
(14)
1962 ...........
1963...........
1964...........
1965...........
1966 ...........
1967............
1968...........
1969...........
1970...........
1971 (Est.)....
1972 (Est.)....
1969-Dec.......
1970-Jan.......
Feb.......
Max.......
Apr.......
May.......
June......
3,734
1,876
-1,264
1,594
-260
-4,571
-1,094
760
1,746
_
-1,195
1,352
56
226
620
-1,660
2,457
SDR’
s 7/
(15)
557
699
-81
-98
(16 )
-171
-255
-367
-1,536
802
808
_
45r
-194
-381
-652
53
-455
-207
-198
-145
-2,512
-429
2,035
4
30
-30
-110
Fiscal 1971
to date.......
-247
-106
(17)
262
169
50
-39
79
381
-447
-342
538
644
364
18
16 1
73
-67
-150
-11
112
-135
-387
-113
-2
(18)
(19)
1,017
51
38
1,179
-217
-359
61
188
132
2,997
-284
-22
510
m
-10 ,150
-1,739
8,522
10,062
-1,497
-1,18 9
-81*
2,838
23,100
-11,146
5,397
17,600
10,600
-2,012
-524
625
-194
-139
2,314
-4,691
1,452
-3,156
-64
-789
21
-39
867
-162
-169
2,164
2,827
5,649
4,333
-2,223
1,522
3,440
5,519
-38
-3
12
-17
-5
31
-386
1,6 15
-863
-1,056
129
2,525
5,997
2,716
-1,347
2,561
3,306
3,024
18,240
-19
1,964
16,257
98
629
813
367
10,1+07
-961
452
Total
budget
financ
ing
(13)-(1»+)
-(15 )-(16 )
-(17 )+(18 )
+(19)
(20)
7 ,137
4,751
5,922
1,596
3,796
8,702
2 5,16 1
-3,236
2,845
18,562
General
account of
Agency
Treasurer, Public
securi
debt
U.S. 6/
securi ties
ties
w
(21)
10,504
12,380
1 1 ,1 1 6
12,710
12,1+50
7,879
6,785
7,544
9,291
(22)
298,201
305,860
311,713
317 ,27 ^
(25)
54,918
56,345
59,210
61,540
64,784
73,819
79,140
2,837
3,176
3,581
3,455
347,578
353,720
370,919
9,335
13,377
18,455
24,399
14,249
12,510
9,291
9,291
6,21+1
396,81+5
420,401
11,013
9,824
104,553
91,927
91,402
92,027
92,894
92,732
94,896
97,723
319,907
326,221
368,226
13,820
367,572
368,Ql+7
372,007
367,194
13,755
9,291
370,919
19
8,074
7,982
9,674
376,568
380,901
378,678
7,162
380,200
19
6,718
2,323
-1,2 8 1
6,147
2,594
121
236
16,6 21
127
18
371,088
12,966
12,987
12 ,91+8
12,670
12 ,5 10
87,661
97,723
116,320
97,337
98,952
8,769
383,640
389,158
12 ,1+72
12,469
12 ,1+82
12,465
12,460
12,491
8,769
389,158
12,491
6,733
Special
notes
5/
7,927
8,123
8,631
7,593
7,649
7,875
8,495
6,834
28
Invest
ment of
Govern
ment
accounts
(24)
97
-43
3,429
-3,986
2,459
-7,210
25
Federal securities
(23)
13
23
31
33
30
23
Source:
Based on monthly statement of receipts and expenditures of the
Government. The loan account data for fiscal years 1962-1966 and all
estimates are from the 1972 Budget document released January 29, 1971.
Includes investments in non-Federal securities.
See Table FF0-2.
y See Table FF0-3.
u See Table FF0-6.
5/ Represents non-interest bearing public debt securities issued to the
IMF and international lending organizations (IDA and LADB) in recogni
tion of U.S. Government subscription commitiosnts.
6/ Current fiscal year to date transactions are on the daily Treasury
statement clearance date basis and are converted to accounting date
basis at June 30 (final) only. Prior fiscal year amounts include
9,769
6,088
3,092
4,061
3,076
6,830
2,153 9/
-172
633
1,281+
-1,289
-1,779
-770
Total bor
rowings
from
the public
(9)+(io)
-(11.)-(12)
(13)
11,767
2,041
11,639
-l,62l+r
-399
284
339
405
-136
354
-482
-1,119
-1,384
627
1,428
2,864
2,330
3,244
9,035
5,320
638
280
126
(12)
(ID
4oi
-678r
-331
-81+7
1,545
884 .
-1,230
-791
Special
notes 5 /
Selected balances, end of period
Trans
Other
actions
means
of
With Inter
not applied
financ to year's
national
ing 8/ surplus or
Monetary
Fund
deficit 10 /
(deduct)
138
-58
41
371
259
-5
1,859
6
-1
32
July......
Aug.......
Sept......
Oct.......
Nov.......
Dec.......
-9I+2
-92
1,692
Other
Invest
ments of
Govern
ment ac
counts 4/
-278
-160
Means of financing - net transactions (continued)
Changes in cash and monetary assets
With other
Government
officers
(deduct)
Agency
securi
ties
3,810
3,328
2,209
825
825
825
825
825
825
825
825
825
825
825
Held by
the
public
(22)+(23)
-(24)-(25)
(26)
248,373
254,461
257,553
26l,6l4
264,690
267,529
290,629
279,483
284,880
302,480
313,080
289,294
289,100
288,961
291,275
286,584
288,036
28l+,88o
97,032
97,161
99,687
825
825
825
825
825
825
294,808
298,113
301,138
99,687
825
301,138
98,089
290,877
293,593
292,246
transactions in transit as of June 30. For amounts, in transit see
Table FF0-8 in December 1970 Bulletin.
Represents
holdings of Special Drawing Rights, less certificates issued
1/
to Federal Reserve Banks.
8/ Includes accrued interest payable on public debt securities, deposit
funds, and miscellaneous liability and asset accounts.
9/ Includes initial allocation of Special Drawing Rights of $867 million.
10/ Includes seigniorage, fiscal 1969 conversion of certain corporations
to private ownership, and fiscal 1970 reclassification of certificates
of interest of $1,590 million less $7 million investments held by
Government accounts.
Revised.
11/ See Table FD-6. r
2
T r e a s u r y Bulletin
____________F E D E R A L
FISCAL O P E R A T I O N S . . _ _ _
T a b l e FFO-2. - B u d g e t Receipts b y Principal Sources
(in millions of dollars)
Income taxes
Fiscal year
or month
1962 ..................
1963..................
1964..................
1965..................
1966 ..................
1967..................
1968 ..................
1969..................
1970..................
1971 (Est.)..........
1972 (Est.)..........
Net
receipts
Corporation
Individual
Net
total
Withheld
Other
Refunds
36,246
38,719
39,259
36,840
42,811
50,521
57,301
14,403
14,269
15,331
5,079
5,400
5,893
4,869
5,851
7,845
9,527
10,191
13,240
45,571
47,588
48,697
48,792
55,446
14,000
14,500
88,300
99,676
106,560
112,662
116,833
130,856
1^9,552
153,671
187,784
193,743
16,820
18,486
18,850
20,951
27,258
70,182
194,193
217,593
77,4l6
26,236
76,000
26,300
28,400
79,800
87,249
90,412
93,700
6 ,78lr
Net total
income
taxes
Net
total
Refunds
22,336
24,301
26,131
30,834
34,918
29,897
38,338
35,037
808
670
761
20,523
21,579
23,493
25,461
30,073
33,971
1,660
2,208
36,678
32,829
66,094
69,167
72,189
74,253
85,519
95,497
97,390
123,927
123,241
33,500
39,500
3,1*00
2,800
30,100
36,700
118,400
130,400
5,637
110
5,527
12 ,308r
1,252
125
128
320
317
11,786
7 ,6 11
21,296
61,526
68,726
43r
412
6,4l2r
Gross
773
757
946
1,232
28,665
1969-Dec..............
l6 ,7H r
1970 -Jan.............
Feb.............
Mar..............
Apr..............
I 6 ,302r
14,929r
1 3 ,lllr
22,043r
I3,986r
June............
22,561
5,748
7,058
6,0i4
July............
Aug..............
12,609
15,172
18,725
11,493
14,134
15,^29
6,040
6,985
5,907
5,667
7,007
5,838
477
333
3,623
497
216
7,181
6,209
1,089
422
55
42
50
711
4,664
420
187
179
524
4,484
7,119
7,703
13,727
6,779
7,705
10,693
87,562
37,445
5,569
565
42,449
12,744
1*467
11,277
53,726
Oct.............
Nov.............
Fiscal 1971
to date.............
6,203
7,535
4,491
886
1,235
8,992
1,063
3,797
6,091
35
1,456
3,907
M39
2,863
458
10,660
236
6,965
3,^19
774
^,559
5,258
9,353
862
7,517
188
1,127
645
4,239
4,578
714
7,329
6,281
1,071
234
838
7,219
9,449
4,543
10 ,701
100
81
666
6 ,110
148
7,658
15,279
5,972
16,683
484
4,278
182
265
669
Social insurance taxes and contributions
Employment taxes and contributions
Fiscal year
or month
1962 .................
1963.................
1964.................
1965.................
1966 .................
1967.................
1968..... ...........
1969.................
1970................
Old-age, disability and
hospital insurance
Net
Refunds
Gross
total
12,412
14,314
16,532
16,915
20,206
27,328
28,672
142
139
166
192
228
282
33,956
263
605
38,600
386
1971 (Est.).........
1972 (Est.).........
41,712
421
1969-Dec............
1,849
1970-Jan............
Feb............
Mar............
2,276
May............
July............
Aug.......... .
Sept...........
Oct.............
Nov.............
Fiscal 1971
to date............
49,628
4,215
3,070
3,917
5,024
3,334
440
_
_
-
386
2,736
4,387
2,559
2,304
3,310
2,146
_
_
_
_
-
17,443
-
12,271
14,175
16,366
16,723
19,978
27,046
28,409
33,351
38,214
41,291
49,188
Unemployment insurance
Railroad retirement accounts
Gross
5&
572
59^
636
684
777
815
Refunds
*
*
*
*
*
*
1
Net
total
564
572
593
636
683
776
8l4
885
920
*
1,007
1
1
1,006
1,038
68
1
885
919
1,037
Net total
12,&35
14,746
16,959
17,359
20,662
27,823
29,224
34,236
39,133
14
148
155
87
2,736
4,387
2,559
2,304
3,310
2,146
9
107
87
_
*
*
*
9
107
87
7
164
84
2,745
4,494
2,646
2,3H
3,475
17,443
459
*
458
81
11
8
164
85
1
-1
81
11
154
87
(Continued on following page)
3,826
8
6
6
6
3,783
3,665
3,351
3,335
3,471
186
68
4,215
3,070
3,917
4,638
3,334
5
3
4
3,610
*
14
148
Refunds
3,3te
It,115
4,049
42,297
50,225
1,9 17
2,290
4,363
3 ,1 5 1
3,927
4,792
3 ,tel
*
*
*
*
*
*
1,849
2,276
Gross
^,189
59
130
842
64
234
858
70
7
6
6
6
*
*
*
*
*
1
1
1
Net
total
3,337
4,112
4,045
3,819
3,777
3,659
3,346
3,328
3,464
3,604
4,183
58
130
842
63
233
857
70
185
587
46
587
47
*
*
2,230
374
50
*
*
374
50
17,901
1,351
3
1,348
106
1
106
3
February 1971
.FEDERAL FISCAL OPERATIONS,
T a b l e F F O - 2 . - B u d g e t Receipts b y Principal S o u r c e s - (Continued)
(In millions of dollars)
Social insurance taxes and contributions - (continued)
Contributions for oth’
er
insurance and retirement
Fiscal year
or month
Federal
Supple
mental
Medical
Insurance
«.
1962.............
1963............
1964.............
_
1965............
1966............
647
1967............
1968............
69 8
1969.............
903
1970.............
936
Excise taxes
Gross
Gross
87
89
93
99
217
183
127
96
167
9,585
9,915
10,211
10,911
9,145
9,278
9,700
10,585
10,352
3,080
3,405
3,646
3,782
4,037
4,652
4,493
4,861
5,386
131
126
127
123
120
212
114
224
32
2,949
3,279
3,519
3,659
3,917
4,441
4,379
4,637
5,354
137
137
10,650
11,115
5,689
5,775
119
116
5,570
5,659
946r
452
_
452
746
739
824
899
811
940
408
479
379
421
511
438
408
467
368
326
508
427
13
8
14
12
11
13
946
746
758
737
1,011
873
464
521
459
446
476
419
_
12
11
95
3
11
_
1
_
_
-6
-1
464
520
459
446
482
420
71
5,072
2,784
-6
2,790
Total
863
932
993
1,065
1,111
1,201
1,334
1,426
1,735
12
13
15
16
18
19
20
24
29
875
946
1,008
1,081
1,129
1,867
"2,052
2,353
2,701
17,046
19,804
22,012
22,258
25,567
33,349
34,622
39,918
45,298
9,672
10,005
10,304
11,011
9,362
9,461
9,827
10,681
10,519
1,255
1,347
1,785
1,770
31
34
3,072
3,151
48,973
57,559
10,787
11,252
1969-Dec........
76
136
2
214
2,190
957
llr
1970-Jan..;.....
Feb........
Mar.........
Apr........
M a y ........
June.......
166
127
137
176
127
193
147
149
158
170
155
160
2
2
5
2
2
2
254
203
221
259
202
278
2,674
5,408
3,436
4,419
5,851
3,769
758
748
837
908
817
957
12
8
13
9
6
17
Sept.......
Oct........
Nov........
Dec........
85
74
79
81
73
83
105
96
110
106
101
102
3
4
2
4
3
3
254
250
270
279
259
265
3,184
5,330
2,962
2,697
4,108
2,545
959
755
772
750
1,022
886
Fiscal 1971
to date........
620
939
18
1,577
20,826
5,143
1971 (Est.).....
1972 (Est.).....
July.......
Excise taxes - (continued)
Estate and gift taxes
Customs duties
1962.............
1963.............
1964.............
1965.............
1966.............
1967.............
1968.............
1969.............
1970...... ......
1971 (Est.).....
1972 (Est.).....
1969-Dec.........
Gross
Refunds
.
579
726
-1
_
_
580
726
12,534
13,194
13,731
14,570
13,062
13,719
14,079
15,222
15,705
16,800
17,500
-
29
43
55
53
55
54
290
July.......
Aug........
Sept.......
Oct...... .
Nov........
Dec........
29
43
55
53
55
55
1
Fiscal 1971
to date........
290
1
1970-Jan.........
Feb.........
M a r .........
Apr....... .
Ma y.........
June.......
Net
total
Net total
exsise
taxes
Gross
Deposits of
earnings by
Federal
Reserve
banks
All
other
Net total
miscel
laneous
receipts
Gross
Refunds
Net
total
2,016
2,167
2,394
2,716
3,066
2,978
3,051
3,491
3,644
3,730
5,300
1,171
1,241
1,284
1,478
1,811
1,972
2,113
2,387
2,494
29
35
32
35
45
71
75
68
64
1,142
1,205
1,252
1,442
1,767
1,901
2,038
2,319
2,430
718
828
947
1,372
1,713
1,805
2,091
2,662
3,266
125
194
138
222
162
303
400
247
158
843
1,023
1,084
1,594
1,875
2,108
2,491
2,908
3,424
2,554
2,764
64
64
2,490
2,700
3,500
3,600
300
534
3,800
4,134
Net
total
Refunds
Refunds
Miscellaneous receipts
Airport and aiiway trust fund
Fiscal year
or month
Net
total
Net
total
Refunds
Other
employees
retirement
Federal
employees
retirement
Highway trust fund
Miscellaneous excise taxes
Net total
social
insurance
taxes and
contri
butions
2,035
2,187
2,416
2,746
3,094
3,014
3,082
3,530
3,680
19
20
23
29
28
36
31
39
36
3,770
5,340
40
40
l,398r
280
3
3
3
2
3
2
4
203
201
169
208
212
197
217
197
290
268
324
601
350
332
277
286
265
322
599
348
328
6
1,154
1,206
1,192
1,226
1,319
1,367
5
5
6
5
6
9
195
165
202
207
192
207
275
296
282
255
289
274
299
66r
-90r
-8r
46r
25r
30r
-92
1,439
1,309
1,272
1,237
1,549
1,346
296
228
240
266
243
289
3
3
6
4
4
4
293
224
234
262
239
285
224
226
223
237
213
226
6
3
5
6
6
5
218
223
218
231
207
220
294
305
308
296
302
293
61
77
4
-8
25
46
356
382
313
288
327
339
8,152
1,561
25
1,537
1,349
32
1,317
1,799
206
2.005
.
Source:
Beginning fiscal 1967 actual figures are from the monthly
statement of receipts and expenditures of the Government. Data for
prior years were derived on basis of the unified budget concepts
adopted January 1968. Estimates are from the 1972 Budget document
r
*
released January 29, 1971,
Revised,
Less than $500,000.
341*
207r
274r
301r
314r
304r
207
B U D G E T
R E C E I P T S
B Y
P R I N C I P A L
S O U R C E S
Total
200-
150—
IIIII
Fiscal Year —
100-
Comparison first 6
.months fiscal years -
1970 and 1971
1961
$Bil.
1963
1965
$Bil
Individual I n c o m e T a x e s
_
Social Insurance T a x e s
and
Contributions
1967
1971
1969
1
i
$
_
a
GO
o
£
w
*
S
a
GO
I
bg
1961
Sowc*.- Monthly Statement of Receipts and Expenditures of the U.S. Government. For actual amounts see preceding Table FF0-2.
1/ Includes estate and gift taxes, custom duties, and miscellaneous receipts.
I
Fe b r u a r y 1971
5
F F.np.BAT. F I S C A L O P E R A T I O N S ^ _
Table FFO-3. - B u d g e t Outlays by Agencies
(In millions of dollars)
Legis
lative
Branch
Fiscal year
or month
Judi
ciary
Executive
Office
of the
President
Net
expend
itures
Net
lending
Commerce Department
Agriculture Department
Funds appropriated
to the President
Net
expend
itures
Total
Net
lending
Total
Net
expend
itures
Net
lending
Total
1962..................
1963..................
1964..................
1965..................
1966..................
1967..................
1968..................
1969..................
1970..................
151
145
148
162
181
240
255
277
340
56
61
64
73
76
86
91
109
128
29
23
23
24
26
28
28
31
36
1,801
3,201
3,694
3,872
4,357
4,851
4,898
4,971
4,785
_
_
.
17
29
21
15
-4
-10
1,801
3,201
3,694
3,889
4,385
4,872
4,913
4,967
4,774
5,901
6,904
7,088
6,374
5,158
5,429
6,795
7,693
7,974
393
429
370
421
356
412
512
637
332
6,294
7,333
7,458
6,795
5,513
5,841
7,307
8,330
8,307
3,360
3,640
4,270
4,699
4,633
705
769
820
979
-21
20
32
51
37
38
35
49
3,340
3,660
4,302
4,749
4,670
726
807
854
1,028
1971 (Est.)...........
1972 (Est.)..........
396
430
143
167
50
55
4,929
4,676
-5
_#
4,924
4,676
8,817
9,544
-115
-34
8,702
9,510
1,139
1,185
64
96
1,203
1,281
1969-Dec.............. '
31
345
-2
-98
598
54
3
3
4
4
3
3
383
393
353
416
435
504
836
254
252
235
212
-408
-105
-332
44
84
108
590
731
-77
296
320
320
182
93
72
66
116
104
120
4
2
4
2
3
2
4
31
34
32
42
22
35
12
10
10
11
12
15
3
4
4
3
4
4
407
366
355
359
214
425
-2
*
*
-1
-1
-4
*
*
-1
-2
-1
-2
343
381
393
352
415
434
500
696
27
40
29
24
28
24
14
8
10
10
11
11
12
3
1970-Jan..............
Feb..............
407
366
354
358
213
423
2,714
1,156
318
1,063
661
613
-65
-124
-14
94
34
-260
2,649
1,032
304
1,157
695
353
98
72
76
111
73
79
3
*
6
8
2
4
196
70
20
2,125
-5
2,120
6,525
-337
6,188
509
23
Apr..............
June............
July.............
Sept............
Oct.............
Fiscal 1971
Defense Department
Fiscal year
or month
Health, Education, and
Welfare Department
Military
Net
expend
itures
Net
lending
Total
Civil
1/
Net
expend
itures
Net
lending
Total
2/
Housing and Urban
Development Department
Net
expend
itures
Net
lending
Total
21
58
95
76
69
120
106
123
101
12
82
119
75
83
532
Interior Department
Net
expend
itures
Net
lending
Total
Justice
Depart
ment
1962..................
1963..................
1964..................
1965..................
1966..................
1967..................
1968..................
1969..................
1970..................
48,301
48,135
49,563
45,968 '
54,166
67,453
77,381
77,872
77,150
*
5
10
1
1
*
-8
-2
-1
48,302
48,140
49,573
45,969
54,167
67,453
77,373
77,870
77,150
982
1,103
1,130
1,211
1,278
1,310
1,300
1,268
1,211
4,209
20,247
21,692
22,727
27,897
34,320
40,672
46,499
52,227
2
2
3
5
62
287
-96
95
110
4,210
20,249
21,695
22,732
27,959
34,608
40,576
46,594
52,338
372
423
416
626
575
672
706
722
1,778
681
-756
-133
39
2,281
2,105
3,434
807
825
1,054
-333
283
665
2,856
2,777
4,140
1,529
2,603
521
282
669
672
657
410
217
819
1,136
19
17
16
22
4
21
18
18
1
539
300
685
694
661
432
235
837
1,136
1971 (Est.)..........
1972 (Est.)..........
73,370
74,975
_*
_*
73,370
74,975
1,426
1,508
61,847
68,689
93
30
61,940
68,719
2,380
3,588
953
300
3,333
3,888
346
1,415
11
19
357
1,434
1,071
1,412
94
-76
81
-45
37
-107
-56
198
57
*
154
189
170
229
63
228
438
243
217
161
125
244
1
#
#
1
1
1
#
*
1
1
#
#
57
16
86
118
103
101
92
136
89
102
16
33
49
15
86
118
102
100
91
87
124
162
116
116
-107
87
124
162
H7
116
-106
47
62
47
52
52
73
57
68
76
70
85
69
64
425
1,429
498
2
500
431
1969-Dec.............
1970-Jan.............
Feb.............
Oct.............
6,578r
6,4l8r
5,951r
6,377
6,532
6,185
6,635
6,570
6,059
6,160
6,139
5,851
6,521
Fiscal 1971
Footnotes at end of table.
*
*
*
*
*
*
-1
*
*
*
*
_*
_*
_*
6,578r
B,4l8r
5,952r
6,377
6,531
6,185
6,634
6,570
6,059
6,160
6,140
5,851
6,521
37,301
122r
96
51
70
93
95
167
4,125
12
4,244
4,108
4,381
5,462
4,803
4,951
17
12
6
23
6
-1
4,137
4,261
4,120
4,387
5,485
4,809
4,950
53
127
129
142
134
118
4,625
4,726
4,872
4,890
4,760
5,044
6
3
2
6
6
2
4,630
4,729
4,874
4,896
4,766
5,046
104
230
107
215
192
171
284
302
154
115
145
93
194
28,917
24
28,941
1,003
703
(Continued on following page)
291
313
325
355
366
403
430
515
640
6
T r e a s u r y Bulletin
__________ FEDERAL FISCAL OPERATIONS___________
Table FFO-3. - B u d g e t Outlays b y Agencies - (Continued)
(in millions of dollars)
Treasury Department
Labor Department
Fiscal year
or month
Net
expend
itures
1962 ..........
618
1963..........
1964..........
1965..........
1966 ..........
1967..........
1968 ..........
1969..........
1970..........
4,153
4,044
3,532
3,109
3,172
3,385
3,475
4,356
1971 (Est.)....
1972 (Est.)....
7,521
7,224
1969-Dec......
335
1970-Jan......
Feb......
Mar......
Ap r ......
May......
June.....
443
426
502
469
417
500
July.....
Aug......
Sept.....
Oct......
Nov......
Dec......
456
Fiscal 1971
to date...... ,
Fiscal year
or month
_
114
-114
_
-
624
_
_
_
-
2,988
-
508
424
479
498
National
Aero
nautics
and Space
Admin.
1,257
2,552
4 ,17 1
5,091
3*932
5,423
4,721
u
1,510
304
408.
347
384
410
419
424
437
448
793
5,428
5,732
5,9701/
6,417
2,353
1,333
482
525
7,3671/
7,805 u
797
770.
57$
805
888
l,l4l
1,080
920
5,356
5,646
5,531
Net expenditures
Interest
on public
debt 4/
Other
5/
Net
lending
Total
-7
26,638
336
206
-37
-1
-2
*
*
*
*
9,745
10,552
11,433
12,427
13,064
14,655
16,924
19,510
2,758
2,763
2,625
2,403
2,264
2,466
2,450
2,453
_
_
-
302
328
359
293
-260
138
412
420
426
1
-9
2
7
19
-6
1
5
20
-242
131
413
425
446
21,150
20,800
94
30
_*
_*
20,893
2,275
2,318
679
1,364
315
-271
20
-5
335
-275
4lr
2
43
45
30
37
15
53
80
-2
*
-2
43
30
35
33
50
-17
49
59
43
35
44
-2
-1
-2
-8
-2
-1
-19
48
57
34
33
43
212
-16
197
17,526
9,895
10,666
-81
11,346
12,014
13,391
14,573
16,588
19,304
-77
88
415
-326
82
21,18 0
50
553
1,653
-105r
-
1,548i
221
45
17
20
42
12
31
539
427
463
439
1,671
-15r
82r
104r
89r
86r
12
*
*
*
*
*
*
1,6562
1,702i
l,803i
l,745i
1^689i
1,776
183
-93
88
58
*
*
*
*
_*
_*
1,670
1,851
167
172
1,264
1,854
1,699
186
194
_
_
_
_
_
_
_
_
30
-*
10,155
1,109
30
87
315
156
137
231
150
337
177
166
60
1,121
88
15
33
68
40
Net
1 onUUXil5
si4yicf
XC
248
-146
456
1,620
1,699
1,656
1,6 0 1
657
1,764
497
1,763
1,762
1,760
1,764
1,747
605
722
721
637
-500
65
623
1,822
107
-123
309
3,805
10,617
-461
Total
5,6o4
5,499
Other independent agencies
Net
expend
itures
2,224
Net
1AnH'tri5
cr
XCUUIII
Total
1,8 18
Undistributed
intra
budgetary
transactions 6/
-2,513
-2,644
-2,877
-366
599
3,259
2,839
2,864
3,559
4,197
5,413
6,257
3,970
5,736
1,035
363
152
600
832
1,588
2,083
5,746
6,355
6,711
7,416
8,448
88
214
490
148
253
204
5,708
5,960
6,845
8,653
9,960
10,852
-12
-230
9,948
10,622
6,448
6,997
567
736
7,015
7,734
-7,197
-7,771
129
5,660
6,858
7,669
186
207
216
188
235
188
201
302
319
361
300
18
-4
l
82
Totals
Net
expend
itures
Net
1 Audi rff
Total
Net expenditures
2,476
2 ,7 11
2,960
3,365
3,825
4,174
4,336
5,137
5,620
2,806
-15
162
Total
-69
9,120
109
Veterans Administration
Net
expend
itures
693
719
742
785
General Services Admin.
Environ
mental
Net
Protection expend Net
lending
Agency
itures
Atomic
Energy
Com
mission
:338
-3,936
-4,499
- 5 ,117
-6,380
104,462
111,456
118,039
117,181
130,820
153,201
172,802
2 ,3 5 1
-145
545
1,249
3,832
5,053
6,030
106,813
111,311
118,584
118,430
134,652
158,254
178,833
1,476
184,548
194,460
2,128
196,588
212,755
229,232
183,072
H CVJ
k,2h7
3,749
3,368
3 ,1 5 1
Trans
State
portation
Depart Department
ment
CVI CVJ
1962 ..........
1963..........
1964..........
1965..........
1966 ..........
1967..........
1968..........
1969..........
1970..........
Post
Office
Depart
Net
lending ment
1 ,6 1 1
1969-Dec......
296
700
18
718
413
-169
244
-1,0 9 1
15,225r
-138
15,087r
1970-Jan......
Feb......
Mar.... .
Apr......
May......
June.....
291
299
325
332
285
378
708
699
781
729
800
732
18
18
726
717
798
748
-17
112
231
368
-256
I6,563r
14,990r
I6,283r
17,858r
I6,337r
14,871
-164
-104
254
200
728
385
283
376
564
464
402
16,399r
14,885r
I6,540r
l8,057r
I6,445r
15,351
July.....
Aug ......
Sept.....
Oct......
Nov......
Dec......
268
282
282
302
266
318
715
767
719
764
15
-3
1
1
4
-14
730
764
719
765
827
806
534
468
695
659
427
551
19,344
17,429
17,329
17,490
-17
66
114
150
112
1971 (Est.)....
A972 (Est.)....
946
100
-51
395
607
580
564
352
-364
-242
-249
-401
-2,503
-110
101
20
35
38
-104
423
569
715
694
465
447
-234
-347
-250
-324
-2 ,157
16,616
15,876
-326
19,327
17,495
17,443
17,640
16,728
15,550
-2 1
4,610
3,334
4,608
3
____ y g0
Source:
See Table FFO-1.
Note: Net expenditures represent disbursements less proprietary receipts
from the public and certain intrabudget&ry transactions applicable
to the expenditure account. Net lending represents loan disburse
ments less loan repayments. If only one column is shown for an
agency the amounts represent net expenditures, unless otherwise
noted. Agency shifts are shown in this table beginning with the
period of such shifts, figures prior to the shifts have not been
adjusted.
1/ Includes net lending.
2/ See footnote 5.
2/ Figures prior to fiscal 1967 represent expenditures for the Federal
Aviation Agency.
3,314
-3,606
104,084
99
104,183
Fiscal 1971
to date......
823
820
17
19
3
-4
803
16
-296
108
480
Reported on an accrual basis.
Beginning fiscal 1963 expenditures of Federal Old-Age and Survivors
¥
Insurance Trust Fund and Federal Disability Insurance Trust Fund
are included under Health, Education, and Welfare Department and
expenditures for the Unemployment Trust Fund under Labor Department.
For content see Table FFO-4.
y, Includes $500 million for pay increases (excluding Department of
u
Defense), and $300 million for contingencies.
§/ Includes $4,019 million estimate for distribution of Federal tax
revenues to state and local governments, $1,000 million for pay
increases (excluding Department of Defense), and $950 million for
contingencies.
Less than $500,000.
r
Revised^
February 1971
7
__________ FEDERAL FISCAL OPERATIONS____________
Table FFO-4. - Undistributed Intrabudgetary Transactions
(in millions of dollars)
Federal employer contributions to retirement funds
Health, Education,
and Welfare Dept.
Fiscal year
or month
Civil Service
Commission
Civil Service
Retirement and
Disability Fund
Federal Old-Age,
Disability, and
Hospital Insurance
Other
Total
Interest credited to certain Government accounts
Defense
Department
_
ooldier1s
Home
Permanent
Fund
Health, Education, and Welfare Department
Federal Old-Age
and Survivors
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
/4AWA 1
rP aeciercu.
Supplementary
Medical
Insurance
Trust Fund
221
_
_
_
7
46
61
94
138
_
_
_
_
15
21
23
12
11
24
Federal
Disability
Insurance
Trust Fund
1962.............
1963.............
1964.............
1965.............
1966.............
1967.............
1968.............
1969...... .......
1970.............
221
242
279
282
353
475
510
611
728
845
914
973
1,042
1,090
1,181
1,310
1,401
1,709
3
3
4
4
4
5
5
6
8
1,069
1,159
1,256
1,329
1,447
1,661
1,825
2,018
2,444
3
3
3
3
3
3
3
3
3
537
511
538
582
587
721
894
1,009
1,346
1971 (Est.)......
1972 (Est.)......
728
721
1,750
1,732
8
9
2,486
2,461
3
3
1,585
1,672
319
359
187
351
1969-Dec.........
37
133
1
170
51
83
73
70
95
75
163
125
136
114
183
190
1
1
1
1
1
1
214
209
209
185
278
266
63
63
65
50
50
50
138
149
155
172
148
157
1
1
1
1
1
1
202
213
220
222
199
207
1
_
_
1
_
1
_
1
_
1
502
1970-Jan.........
Feb.........
16
53
11
28
35
569
11
40
11
37
41
660
85
2
9
1
2
4
104
1
6
2
2
3
139
49
3
4
2
2
1
66
2
3
1
2
3
74
5r
#
1
1
*
2
1
*
1
*
*
1
4
341
919
4
1,264
2
801
153
85
_______ £_________
Apr.........
June........
July........
Aug.........
Dec.........
Fiscal 1971
70
70
68
65
59
64
83
140
Interest credited to certain Government accounts - (continued)
Fiscal year
or month
Interior
Department
Labor
Department
Transportation
Department
Veterans Administration
Government
Life
Insurance
Fund
National
Service
Life
Insurance
Fund
Civil Service
Commission
Civil Service
Retirement and
Disability
Fund
Railroad
Retirement
Board
Other
Total
Grand
Total
Indian
Tribal
Funds
Unemployment
Trust Fund
1962.............
1963..............
1964.............
1965..............
1966.............
1967.............
1968.............
1969..............
1970..............
7
8
7
8
10
9
7
5
15
173
191
213
255
309
380
439
517
601
7
14
20
11
8
14
34
53
115
36
35
34
34
33
30
32
32
31
174
175
176
182
191
198
211
225
245
316
362
420
482
546
622
706
805
987
120
114
140
155
161
170
181
191
215
2
2
2
2
2
2
2
3
5
1,444
1,485
1,621
1,780
1,917
2,275
2,674
3,099
3,936
2,513
2,644
2,877
3,109
3,364
3,936
4,499
5,117
6,380
1971 (Est.)......
1972 (Est.)......
1969-Dec.........
1970-Jan.........
Feb.........
15
10
1
686
772
240
180
245
275
293
#
1,164
1,275
8
250
268
3
3
24
4
16
23
235
7
34
7
4
39
808
6
35
3
6
40
504
4
15
2
4
12
153
2
11
1
4
10
96
a
155
33
64
123
2,238
4
25
4
16
21
265
3
10
1
2
*
214
3
8
#
1
*
121
7,3.97
7,771
1,091
256
364
242
249
401
2,503
3
3
2
*
1
*
1
1
4
5
6
51
1
2
5
4
4
69
4
4
#
*
*
*
*
*
4
*
#
#
*
#
1
A, 711
2
4
*
#
*
1
32
34
*
#
*
#
#
*
30
*
*
*
*
*
16
32
134
30
73
125
1,949
234
347
250
296
324
2,157
85
16
133
594
124
2
2,343
May.........
June........
Aug.........
Sept........
Oct.........
Fiscal 1971
— W flaSSiitTTittii L — ■■8
Source: See Table FFO-2.
*
Less than $500,000.
r
Revised.
____ 221 .
Highway
Trust Fund
26
5,310
920
____ 2 ^ 0 6 ______
00
Table FFO-5. - Budget Outlay* by Major Function
(In millions of dollars)
Fiscal year 1971
Fiscal year 1970
Function
December
January
April
May
June
July
August
September
October
6,930r
-lQ3r
-*
6,769
-121
6,260
-60
-2
6,712
-104
-*
6,883
-77
-*
6,572
-54
-2
7,037
-110
*
6,856
-62
-*
6,340
-86
-2
6,467
-93
-*
6,441
-87
6,154
-188
-*
6,838
-93
39,096
-609
-2
41,198
-580
-3
6,827r
6,648
6,199
*
6,608
6,807
-1
.6,516
6,927
-1
6,794
*
6,253
*
6,374
-*
6,354
*
5,966
-*
6,745
-*
38,485
-*
40,616
.*
6,827r
6,648
6,199
6,608
6,806
6,516
6,926.
6,794
6,253
6,374
6,354
5,965
6,745
38,485
40,616
382
-78
_*
210
-16
_*
220
-1
-*
271
-23
-*
337
-31
-
241
-16
-
373
*
_*
321
-43
-
197
-8
-*
235
-27
-*
300
-15
_*
214
-3
-*
385
-85
-*
1,652
-181
-*
1,858
-147
-*
304
-159
219
79
305
31
336
225
71
373
-148.
278
-79
189
95
211
23
300
-140
1,471
-62
1,711
229
296
225
199
285
208
14
221
285
25
298
248
64
312
311
234
159
1,409
1,941
283 296
282
304
-1
282
282
302
269
-3
266
318
-*
318
L,728
-8
1,720
1,843
-4
1,839
847
-3
-
62
-3
-
834
_■*
-
394
-6
-
354
-3
-
4,990
-20
-
5,557
-21
-
844
58
-14
388
34
422
350
-260
4,970
-337
5,535
-59
44
834
94
927
90
4,633
5,476
339
-280
-*
2,275
-701
-1
1,978
-465
-*
59
*
1,573
1
1,513
2
National defense
Proprietary receipts from the public....
Net lending.............................
Total national defense........... ......
February
Comparable
period
Cumulative FY 1970
to date
March
November December
International affairs and finance
Proprietary receipts from the public....
Intrabudgetary transactions............
145
_*
291
-1
299
-*
325
_*
332
285
Proprietary receipts from the public....
379
-1
290
299
325
332
285
378
486
-3
-
764
-
148
-3
-
37
-6
-
26
-4
-
39
-3
-
-675
-4
-
2,498
-3
-
Net expenditures.......................
Net lending.............................
483
-98
764
-105
145
-332
659
-187
-678
591
-88
2,495
-65
385
23
84
107
36
108
Total agriculture and rural development.
31
44
76
Natural resources
Expenditures............. ..............
Proprietary receipts from the public....
Intrabudgetary transactions............
Net expenditures.......................
295
-109
_*
248
-135
_*
210
-101
_*
257
-77
-*
261
-76
_■*
290
-79
394
-175
_*
283
-75
_*
492
-120
-*
402
-66
-*
388
-72
_•*
372
-89
-*
186
1
112
*
109
_*
181
*
185
*
211
*
218
*
208
*
371
*
336
*
316
*
283
*
;
Total natural resources................
144
2,430
-124'
720
1
186
H3
109
181
185
211
218
208
371
337
316
283
59
1,574
1,515
Commerce and transportation
Expenditures............................
Proprietary receipts from the public....
Intrabudgetary transactions............
676
-10
_*
731
-10
-20
574
-10
*
660
-6
*
953
-10
691
-9
-2
976
-9
-2
866
-9
-23
896
-14
-2
1,226
-8
-*
1,095
-12
-1
882
-9
-
822
-11
-*
5,788
-62
-25
4,658
-57
-15
Net expenditures.............. .........
Net lending.............................
666
-11
701
12
563
8
654
30
680
35
96437
835
8
1,082
22
873
26
811
20
5,700
94
4,585
25
655
713
571
683
715
1,002
843
881
4
885
1,218
14
Total commerce and transportation......
944
23
967
1,231
1,105
898
832
5,794
4,611
138r
-*
87
_*
87
70
193
-*
193
60
292
-*•
292
-11
218
_*
-
354-
343
_*
-
174
218
-
112
_*
-
273
-•*
-
138r
83
300
_*
300
-89
112
20
273
40
1,302
-*
1,302
375
899
-*
899
921
221r
210
158
252
280
132
314
1,677
1,820
Community development and housing
Proprietary receipts from the public....
Intrabudgetary transactions............
i
i
Z L8
-120
-64
343
128
182
_*
182
77
98
291
471
259
354
174
94
218
16
268
234
Total community development and
OPERATIONS,
296
Agriculture .and rural development
Expenditures............................
Proprietary receipts from the public....
Intrabudgetary transactions............
FISCAL
Total space research and technology....
272
-4
268
.FEDERAL
Total international affairs and finance.
S^ace_research and technology
194
-34
161
r
i
s
to
(Continued on following page)
§ .
a
2
Table FFO-5. - Budget Outlays by Major Function - (Continued)
&
Fiscal year 1970
July
482r
-1
558
-1
693
-1
522
-1
612
-2
681
-2
1,132
-1
541
_*
664
-2
Net expenditures........................
48lr
21
557
25
521
11
1,131
16
541
12
502r
583
610
31
642
679
15
OP and manpower.... ,,,,,,,
691
27
718
694
1,147
1,198
-*
-87
928
1,363
-*
-77
Net expenditures........... ....••......
l,997r
-*
-703
l,293r
1,111
844
1,286
-*
1,466
-5
-83
1,378
-*
1,233
-*
-73
1,160
-*
Proprietary receipts from the public....
Total
Health
Expenditures........••••.••...........
Proprietaiy receipts from the public....
-84
April
June
Januaiy
Education and manpower
March
May
December
Function
Februaiy
Fiscal year 1971
532
August
September
Comparable
period
Cumulative
FY 1970
to date
October
November
644
-1
595
-1
526
-*
727
-1
3,697
-5
3,011
-6
663
18
643
8
594
-1
525
9
726
7
3,693
52
3,005
115
553
680
651
593
534
733
3,744
3,120
1,190
-•*
-67
1,254
1,315
-*
-110
2,140
-*
-980
8,509
-1
-1,496
8,541
-1
-1,086
1,123
5
1,148
1,102
1,317
-1
-104
1,212
-*-*
1,282
-106
1,200
-*
-98
1,205
-*
1,183
1,160
-*
7,011
-*
7,454
-*
-*
-98
December
844
1,286
1,378
1,160
1,129
1,148
1,102
1,212
1,205
1,183
1,160
7,011
7,454
3,6l6r
-*
-458
3,587
-*
3,665
_•*
_•*
3,753
-•*
-19
4,617
-*
-*
4,047
-*
-*
4,468
-*
-595
4,128
-*
-*
4,187
-*
-*
4,223
-*
-1
4,339
w*
-*
4,304
-*
-1
4,982
-*
-465
26,164
-1
-466
19,068
_*
-460
Net expenditures.............. .......
3,157r
*
3,587
2
3,665
*
3,733
-*
4,616
2
4,047
4,128
-*
4,187
4,222
-*
4,339
1
4,304
1
4,517
*
25,697
2
18,607
1
Total TT>p.oTnp> security•••••••••••••••••••
3,157r
3,588
3,665
3,733
4,618
4,047
3,873
-1
3,872
4,128
4,187
4,222
4,339
4,304
4,517
25,698
18,609
741
-37
-*
754
-43
-*
739
-38
826
-42
772
-40
-*
840
-37
w*
780
-45
-*
758
-41
-*
808
-38
-*
760
-38
-*
806
-40
862
-36
-*
863
-40
-*
4,857
-233
-2
4,246
-229
-2
Net expenditures•••••••....... •••••••••
704
18
711
18
701
18
732
19
717
15
766
1
825
4
719
751
731
732
722
767
829
822
-14
808
4,622
3
729
769
-3
766
722
1
722
803
3
806
735
-4
Total veterans benefits and services....
784
17
801
4,625
4,015
133
4,148
1,661
-lOlr
-45
1,679
-21
-121
1,628
-11
-3
10,684
-185
-905
9,364
-198
-542
1,515
1,537
1,828
-93
-59
1,676
9,594
8,623
Veterans benefits and services
Expenditures................•••••••.....
Proprietaiy receipts from the public....
Interest
Expenditures••••••••••••••••••••••••••••
Proprietaiy receipts from the public....
Intrabudgetary transactions............
Total interest.............. .
1,663
-27
-5
1,610
-28
-18
1,773
-30
—88
1,774
-31
-146
1,774
-12
-57
1,772
-20
-21
1,776
-17
-612
1,614
1,706
-15
-5
1,686
1,631
1,563
1,655
1,597
1,705
1,731
1,148
1,759
-13
-9
1,738
Qen^ra^ .goyerpment
Expenditures.................... ........
Proprietaiy receipts from the public....
Intrabudgetaiy transactions.............
338
-17r
-57
323
-7
-10
245
-18
-10
322
-28
-14
255
5
—8
327
-5
-6
518
-31
-167
256
-23
-6
369
-20
•-2
423
-10
-15
335
17
-10
286
-13
-8
313
-31
-8
1,981
-80
-50
1,714
-71
-118
Net eaqpenditures........ ............ .
265r
7r
306
7
216
25
279
28
252
21
320
48
226
-36
347
-1
398
-1
342
-8
265
-1
274
20
1,852
-28
1,524
-4
Total general government...............
272
313
-256
241
308
272
315
-3
312
368
190
346
396
294
1,823
-242
-249
-401
•*2,503
-234
-347
-250
334
-296
264
-364
-324
-2,157
-3,606
- -2,36?
16,399
14,885
16,445 ,
15,351
19,327
17,495
17",443
17,640
16,728
15,550
104,183
98,927
Undistributed intrabudgetary transactions.. '-1,091
Net budget outlays......•••••••••••......
Source:
*
Less than $500,000.
r
Revised.
15,087r
16,540 ! 18,057
OPERATIONS,
1,111
FISCAL
l,293r
.FEDERAL
Total health.................. ..........
Income security
Expenditures............................
Proprietary receipts from the public....
Intrabudgetaiy transactions............
vo
^1
and expenc itures of the Government.
vo
T r e a s u r y Bulletin
.FEDERAL FISCAL OPERATIONS___________________________ ______________
T a b l e F F O - 6 . - I n v e s t m e n t T r a n s a c t i o n s of G o v e r n m e n t A c c o u n t s in F e d e r a l Securities (Net)
(in millions of dollars)
Health, Education, and Welfare Department
Federal
Fiscal year
Old-Age and
or month
Survivors
Insurance
Trust Fund
3,953
591
1,121
1,3^2
1*97
87
590
693
1,127
3,092
1,020
839
1,724
3,909
249
221
7U8
157
617
-21
4
-35
-72
9
-44
-31
-1,097
1963......
1964......
1965......
1966 ......
1967......
1968 ......
1969......
1970......
-858
1971 (Est.).
1972 (Est.).
822
692
458
3,7^1
1,581*
2,898
1970-Jan...
Feb...
Mar...
Apr...
May...
June..
-357
July..
Aug...
Sept..
Oct...
Nov...
Dec...
-325
Fiscal year
or month
292
819
-60
855
672
828
-^95
-605
-20
1*61*
&
HI
Fiscal 1971
to date...
Federal
Hospital
Insurance
Trust Fund
_
479
-197
77
-345
1962 ......
1969-Dec...
Federal
Disability
Insurance
Trust Fund
Trans
portation
Department
21
-129
-137
-
-263
786
1*13
296
-11
158
213
86
210
-85
-1*6
104
26
230
2
175
-105
92
13
-184
-95
789
531
510
301
62
19^
-63
31
76
Housing and Urban Development Department
Federal
Supple
mentary
Medical
Insurance
Trust Fund
Other
45
22
26
35
-7
1
121
Treasury
Department
National
Service
Life In
surance
Fund
kk
Other
484
257
53^+
1,089
723
-589
-71*7
-5
-109
224
5
86
-70
122
29
14
1971 (Est.).
1972 (Est.).
1,038
1,135
-12
*
37
15
14
-28
_
24
-17
14
-8
-10
-3
-
-32
36
138
-194
-129
45
135
_
-
28
83
165
-59
388
-90
69
126
204
49
Government National
Mortgage Assn.
Partici
pation
Sales
Fund
_
_
25
50
Other
165
131
470
465
-369
67
100
-256
-l6l
-19
-9
-7
-8
-8
11
12
210
229
177
-251
-9
-8
-
-
24
25
_
*
*
*
-
*
10
12
15
5
-
_
_
-
2
25
_*
-
63
62
13
110
-536
98
-8
101
-24
*
20
*
3
27
57
16
Labor Department
Federal
Insurance
Adminis
tration
Other
28
967
1,468
1,156
1,146
938
488
.
*
*
*
*
*
*
*
*
-
-1,623
-266
*
-
105
_
-276
266
_
_
_
_
_
*
*
_
.
_
3
-3
32
-1
•1
Unemploy
ment Trust
Fund
72
453
582
9
«
1
2
-1
k
-321*
-253
655
223
12
-1
-1
-1
-1
-1
_
1
6
_
2
1
-245
348
-311
-220
44
-162
_
_
_
-
183
-5
10
-547
-
18
67
Other independent agencies
1962 .......
1963.......
1961*.......
1965.......
1966 .......
1967.......
1968.......
1969.......
1970.......
242
-69
-344
Federal
Housing
Adminis
tration
*
*
*
*
*
*
*
*
Veterans
Adndnistrat ion
Highway
Trust Fund
202
Renewal
and Hous
ing Asst,
and Metro.
Develop
ment
-62
-12
-24
6
1*0
Civil
I Federal
Deposit
Service
Insurance
Commission
Corporation
1,093
1,143
1,189
1,249
1 ,12 1
1,078
873
1,975
Federal
Savings
and Loan
Insurance
Corporation
Railroad
Retire
ment
Board
151+
229
-63
183
244
227
204
212
265
283
173
69
149
151*
173
135
59
16 1
180
238
258
1,960
313
328
2,379
2,102
405
310
269
208
152152
All
Other
Total
268
-30
-5
-7
*
32
51
-21
-204
237
10,062
13
98
13
36
6,830
11,767
1
627
1 ,1*28
2,861*
2,330
3,2l*l*
9,035
5,320
8,522
1969-Dec....
85
-2
25
-1
214
5
17
25
20
2,04l
1970-Jan___
Feb....
Mar....
Apr....
May....
June...
39
-18
-1
-2
-4
-2
-8
39
-1
-1*
113
62
-12
49
-127
25
-44
-117
10
718
-111*
-1*2
-39
14
-521*
625
Ik
11
-9
-3
-2
-2
-2
July...
Aug....
Sept...
Oct___
Nov___
Dec....
138
32
-37
-9
-136
233
12
-2
-2
10
75
135
-16
109
-3
-1*
23
626
Fiscal 1971
to date....
221
228
1*6
10
1,137
192
57
104
242
Source: See Table FFO-2.
*
Less than $500,OCX).
-9
-28
-23
-14
188
-9
-15
-10
-13
-1
60
39
61
72
990
216
96
1*1
79
79
143
2
-7
50
-3
*
25
-8
-1*
1*1*
l
58
-16
3
27
-2
8
30
8
11
29
67
15
7
1
-1
-69
-18
62
-38
-1*6
-3
-5
-3
69
-355
-161*
-216
-8
867
-162
2,164
2,827
-386
1,615
-863
-1,056
1,961*
129
2,525
T a b l e F F O - 7 . - T r u s t F u n d s T r a n s a c t i o n s J u l y 1, 1 9 7 0 t h r o u g h D e c e m b e r 31, 1 9 7 0
(In millions of dollars)
Budget Receipts
Outlays
Receipts offset against outlays (deduct)
Receipts from outside
the Budget (Proprietary)
Receipts from other accounts
within the Budget (intrabudgetary)
Classification
Net
taxes 1/
Other
Total
Intragovernmental transactions
Gross
Outlays
Federal
payments
and conrtributions
2/
Federal Old-Age and Survivors
Insurance................... .
Interest
and pro
fits on
Federal
employer invest
contribu ments in
Federal
tions
securi
ties 2/
Other
Total
Interest
on nonFederal
securities
Net
outlays
Other
Excess of
receipts
or
outlays(-)
Total
13,447
-163
-
1
*
1
1,467
510
1,002
-
-
*
*
1,655
525
-
629
-
_
*
*
489
131
596
-
1,519
1
1
-
'1
79
878
_
_
_
_
-
_
_
-121
121
-
-
-
-
-
-
-
-
-60
60
14,957
449
259
801
Federal Disability Insurance......
1,755
223 y
1,978
1,675
16
39
153
-
208
Federal Hospital Insurance.......
1,937
243 y
2,180
2,657
874
43
85
-
Federal Supplementary Medical
Insurance........................
-
620 2/
620
1,118
622
6
Federal Employees Retirement.....
-
957
957
1,600
-
923
Federal Employees Life and
Health Benefits.................
_
_
_
-121
_
Federal Deposit Insurance
Corporation.....................
_
-
-
-60
-
1,509
290
-
290
-
-
-
-
-
-
-
-
-
-
-
290
Highway...........................
2,790
-
2,790
2,627
-
-
85
-
85
-
-
-
-
2,542
248
Indian Tribal Funds....... .......
-
-
-
43
20
-
8
-
28
-
-
28
28
-14
14
-168
168
Military Assistance Advances.....
-
-
-
323
-
-
-
-
-
-
-
491
491
Railroad Retirement..............
458
-
458 6/
961
-
-
124
-
124
-
1
-
1
837 6/
-378
Unemployment.....................
127
1,348 6/
2,438
-
-
335
-
335
-
1
-
1
2,103 6/
-755
2
151
232
1,2 2 1 y
Veterans Life Insurance..........
-
-
All other trust..................
-
10
Total........................
19,161
4,754
-
370
-
-
149
-
-
232
-13
13
10
117
6
-
2
2
10
-
-
81
81
25
-16
23,915
28,705
1,987
1,264
2,343
4
5,597
1
3
833
836
22,270
1,645
1/ Amounts are stated net of refunds.
2/ Includes payment for military service credits and special benefits.
2/ Includes interest payments from other funds and interest on uninvested funds.
y Includes deposits by States.
5/ Premiums on insurance.
6/ Excludes advances from and repayments to the Railroad Retirement
Account.
* Less than $500,000.
O P E R A T I O N S
1
13,285
FISCAL
*
i,48i y
FEDERAL
1
11,804
Airport and Airway...............
Trust
interfund
transac
tions
(Financial
inter
change)
T r e a s u r y Bulletin
12
.FEDERAL OBLIGATIONS,
" O b l i g a t i o n s ” a r e the basis o n w h i c h th e use o f f u n d s is
controlled in the Federal Government.
point
a t w h i c h t he
T h e y a r e r e c o r d e d at the
Government makes a
f i r m c o m m i t m e n t to
of categories w h i c h are based u pon the nature of the trans
a ction w i t h o u t regard to its ultimate purpose.
for salaries and wages,
All payments
f o r exa mple, a r e r e p o r t e d as p e r s o n n e l
a c q u i r e g o o d s o r s e r v i c e s a n d a r e t h e f i r s t o f th e f o u r k ey
compensation, w h e t h e r the personal services are used i n current
e v e n t s — o rder,
o p e r a t i o n s o r i n t h e c o n s t r u c t i o n o f c a p i t a l item s.
d e l i v e r y , p a ym ent ,
consumption— which charac
terize the a c quisition and use of r e s o u r c e s .
In g en er al,
th e y
Federal agencies and firms
c o n s i s t o f o r d e r s pl ace d, c o n t r a c t s aw ar ded , s e r v i c e s r e c e i v e d ,
an ot h e r ;
a n d s i m i l a r t r a n s a c t i o n s r e q u i r i n g t h e d i s b u r s e m e n t o f m on e y .
and
T h e o b l i g a t i o n a l s t a g e o f G o v e r n m e n t t r a n s a c t i o n s is a
strategic point in
gauging the impact of
t h e Go v e r n m e n t * s
o p e r a t i o n s o n t h e n a t i o n a l econom y, s i n c e it f r e q u e n t l y r e p r e
sents for
business firms the
Government commitment
stimulates business investment,
a n d e m p l o y m e n t o f l ab o r .
itself
usually causes
including inventory purchases
Disbursements
months a f t e r the Gover n m e n t
which
may
not occur for
p l a c e s its o r d e r b u t t h e o r d e r
immediate pressure
on the
private
ec on om y.
Obligations are classified
often do business w i t h one
i n d o i n g so, t h e " b u y i n g " a g e n c y r e c o r d s o b l i g a t i o n s ,
the ’
’
performing” agency records
In
men t are distinguished f r o m those incurred outside the Govern
m en t.
T a b l e s FO-2,
Obligation
3, a n d 4 s h o w o n l y t h o s e i n c u r r e d ou t s i d e .
data for
the administrative
budget
fund
a c c o u n t s w e r e f i r s t p u b l i s h e d i n t he S e p t e m b e r 1 9 6 7 T r e a s u r y
Bulletin and
th e t r u s t f u n d a c c o u n t s w e r e
in the O c t ober 1967 Bulletin.
Bu ll e t i n ,
the data are o a
first published
B e g i n n i n g w i t h th e Ap ri l 1 9 6 8
the basis of the budget concepts
a d o p t e d p u r s u a n t to t h e r e c o m m e n d a t i o n s
a c c o r d i n g t o a -uniform s e t
reimbursements.
T a b l e FO-1, o b l i g a t i o n s t h a t a r e i n c u r r e d w i t h i n t h e G o v e r n
C ommission on Budget Concepts.
o f t h e P r e s i d e n t ’s
February 1971
13
.FEDERAL OBLIGATIONS.
T a b l e FO-1. - G r o s s Oblitations Incurred W i t h i n a n d O u t s i d e the Federal G o v e r n m e n t b y
O b j e c t C l a s s , D e c e m b e r 31, 1 9 7 0
(in millions of dollars)
Gross obligations incurred
Object class
Personal services and benefits
Personnel compensation..............
Personnel benefits...................
Benefits for former personnel.......
Total
Within
Outside
19,928
19,928
Contractual services and supplies
Travel and transportation of persons.
Transportation of things............
Bent, communications, and utilities..
Minting and reproduction...........
Other services.......................
Supplies and materials..............
1,478
1,905
1,7 3 1
3,209
1,905
709
1,427
292
675
439
1,001
2,102
1,**71
1,032
9,208
Acquisition of capital assets
Equipment.............. .............
Lands and structures..... ...........
Investments and loans...............
261
ll4
3,840
3,959
147
12,024
6,755
1,683
6,032
15,864
13,167
781
86
21
7,536
1,769
623
20,037
29,497
6,052
Grants and fixed charges
Grants, subsidies, and contributions.
Insurance claims and indemnities....
Interest and dividends..............
Refunds..............................
19,414
28,142
8,307
233
Other
Undistributed U.S. obligations......
Obligations incurred abroad.........
Unvouchered..........................
-3,124
3,655
5
322
694
*
-2,802
4,349
5
Gross obligations incurred 1/.........
118,960
15,693
134,653
1,355
761
9,068
233
presentation and therefore may differ somewhat from the Budget
document.)
Source: Reports on Obligations, Standard Form 225, from agencies.
1/ For Federal Budget presentation a concept of "net obligations
incurred" is generally used. This concept eliminates transactions
within the Government and revenue and reimbursements from the public
which by statute may be used by Government agencies without appro
priation action by the Congress. Summary figures on this basis
follow. (This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget
Gross obligations incurred (as above)............
$ 134,653
Deduct:
Advances, reimbursements, other income, etc.... ...... 28,439
Offsetting receipts............................. ...... 8,777
*
Net obligations incurred.............................. g7 ^07
Less than $500,000.
■- ■
■ ■■
--
T a b l e FO-2. - G r o s s Obligations Incurred O u t s i d e the Federal G o v e r n m e n t b y M a j o r F u n c t i o n
a n d M a j o r O b j e c t C l a s s , D e c e m b e r 31, 1 9 7 0
__________________________________________________ (in millions of dollars)_________________________________________________
Major object class
Personal
services
and
benefits
Contractual
services and
supplies
Equipment
National defense......................
14,468
17,227
6,006
International affairs and finance....
177
159
24
1
1,480
37
18
Major function
Natural resources.....................
Commerce and transportation..........
Community development and housing....
Acquisition of capital assets
Lands and
structures
580
Investments
and loans
4 '
Grants
and
fixed
charges
100
Other
Total
3,36o
41,7^
390
287
2,518
-
*
-
1,533
248
1,229
362
1,625
4
5
2,945
3,944
-3,147
5,737
826
827
508
727
20
6l4
-1
3,521
4,114
1,064
92
61
289
2,382
_*
8,001
189
60
4
168
809
969
*
2,200
248
260
7
16
266
5,995
1
6,794
266
539
5
3
*
7,396
-
8,209
Income security.......................
499
386
6
*
2
21,787
-
22,680
Veterans benefits and services.......
779
262
37
53
216
3,931
33
5 ,3 1 1
Interest..............................
-
-
-
-
-
8,129
-
8,129
General government....................
1,13 6
9H
26
51
*
457
2
2,583
Total................................
2 3 ,3 11
24,548
6,755
1,683
6,032
56,096
536
118,960
*
Less than $500,000.
T a b l e FO-3. - G r oss Obligations Incurred Ou t s i d e the Federal G o v e r n m e n t
b y D e p a r t m e n t o r A g e n c y , D e c e m b e r 31, 1 9 7 0
(In millions of dollars)
Personal services & benefits
Classification
Legislative Branch 2/.............
The Judiciary....................
Executive Office of the President....
Funds appropriated to the President:
Military assistance.............
Economic assistance.............
Other.........................
Agriculture Department:
Commodity Credit Corporation.....
Other.........................
Commerce Department...............
Defense Department:
Military:
Department of the Army....
Department of the Navy....
Department of the Air Force.
Defense agencies..........
Civil defense............
Total military...........
Civil.....................
Health, Education, and Welfare
Department.................
Housing and Urban Development
Department:
Government National Mortgage
Association...............
Other.....................
Interior Department..........
Justice Department............
Labor Department.............
Post Office Department........
State Department.............
Transportation Department.....
Treasury Department:
Interest on the public debt...
Interest on refunds, etc....
Other.....................
Atomic Energy Commission.......
Environmental Protection Agency.
General Services Administration..
National Aeronautics and Space
Administration...............
Veterans Administration........
Other independent agencies:
Export-Import Bank of U.S...
Small Business Administration.,
Tennessee Valley Authority.
Other.....................
Total.......................
Accluisition of
cat>ital assets
Contractual services and supplies'
Benefits Travel and
Rent, com Printing
Personnel Personnel for
Other
Transpor munications , and
trans
compen benefits former
ser
portation tation of and
repro
sation
y
personnel of persons things
utilities
duction vices
99
-
*
3
2
4
1
22
71
REPORTPS NOT REICEIVED
*
*
*
13
-
-
*
*
*
4
-
*
1
1
11
9
1
*
3
*
*
28
6
120
8
1
*
14
11
4
238
450
3
38
21
57
2
577
204
3,847
3,872
3,174
-
331
476
1
2
-
*
2
142
83
7
*
180
230
2
*
119
84
145
214
*
561
*
*
-
1
6
11,266
1,644
1,648
471
862
233
-
1
11
1
7
53
*
615
“
5
23
4
24
2
367
8
1
646
1,453
2
Sup
plies
and
mate
rials
11
1
*
2
17
89
70
5
151
50
24
1,162
1,724
1,492
2,661
2,389
2,189
2,016
239
224
10
Lands
Equip and
ment struc
tures
4
Grants and fixed charges
Invest
ments
and
loans
-
-
Other
Undistrib
Grants,
Insurance Interest
uted U. S.
subsidies, claims
and
and con and indem dividends Refunds obliga
tions
tributions nities
#
*
-
*
1
-
207
-
*
14
*
55
441
-
-
-
-
-
-
-
19
_
*
_
113
_
. 14
738
_
*
7
-
_
1
_
-
. 3 ,362
1,449
_
23
*
_
-5
*
_
113
*
6
1
15
5
25
38
9
_
-
*
*
12
6
586
2,218
_
31
2
153
139
144
181
1,565
1,380
18
4
4
181
2
2
1
1
6,641
5,876
436
292
33
14
500
-
17
1
*
1
190
28
12
4
262
8,300
20,003
-
-
13
20
-3,150
_
4
-2
#
-*
2
-1
1
2,089
256
1,002
6
35
944
*
1
162
30
_
30
6
7,019
3
16
1
_
-
11
3,049
23
*
Total
gross
obliga
tions
incurred
-•
*
21
Obliga
tions in Un
curred vouch
abroad ered
1
1,085
_
3,213
3,906
470
*
11,057
12,276
1
_
3
_
_
3,352
4
_*
-
-
1,11 1
-
-
-
29,472
12,937
3,474
26
39,769
*1
H
O
w
§
s
s
G
154
395
260
66
3,089
102
580
"
523
24
#
*
*
167
*
32
9
19
14
3
14
25
6
6
-
*
*
-
-
181
- .
"
247
771
“
3
29
131
245
“
58
3
19,928
1,478
8
21
3
*
1
2
4
13
2
6
2
111
*
344
3
2
*
4
40
-
9
*
1
1
*
1
1
1
68
1
115
14
23
65
71
20
*
69
2
47
_
25
-
2
60
15
*
42
392
421
29
-
_
5
_
*
_
*
3
14
5
*
23
*
134
5
*
*
«
1.552 •
1.
152
*
371
35
19
3
-
1,145
84
34
144
37
33
*
*
7
*
*
*
#
49
22
*
*
219
10
16
20
*
8
11
4
*
50
*
2
2
16
#
*
20
2
6
1
650
1,905
709
1,427
1,032
147
12,024
2
20
187
1
1
#
idard Forms■225, from1 agencies.
Note: Agency shifts are shown in this table beginning with the period of such shifts. The amounts for the com
plete fiscal year are adjusted at that time.
1/ For purposes of this report this object class is considered as totally within the Federal Government except
11
18
110
*
14
165
212
1
143 1.
*
51
-
703
461
152
792
145
2,086
-
80
1
72
*
*
*
10
1
2,085
_
*
*
11
_*
1
_
*
_
_
_
-
_
_
_
-
_
l
_
_
-
_
*
_
_
-
33
-
1,533
5,298
_
_
1,421
343
936
3.862
118,960
*
*
3,241
_
-
_
*
_
56
40
41
_
_
_
_
110
8,307
233
*
690
_
7
4
1,187
_
*
6
*
*
480
3
2
140
175
*
2,558
9,208
6,755
1,683
6,032
19,414
28,142
10
_
l
_
_
65
_
*
_
- .
-
216
-
36
_
-54
8,065
65
53
262
#
*
_
-
_
5
*
*
_
18
2
_
401
1,539
1,373
476
3,140
3,729
365
3,076
-
28
.
_
_
-
-3,124
3,655
5
-1
1— 4
o
as
GO
8,065
65
689
r
1,904
76
924
for the Depairtment 1of Defen!se and Transportation :Department, U. S. Coast Guard.
Includes reports for Library of Congress, Government Printing Office, and General Accounting Office only.
Less than $500,000.
I
Si
to
83*
£
T a b l e FO-4. - G r o s s Obligations Incurred Out s i d e the Federal G o v e r n m e n t
r
&
Comparative Statement by M o n t h s
< 3
(In millions of dollars)
Fiscal year 1970
Object Class
Dec.
Jan.
Feb.
Mar.
Apr.
May
June p
July
National defense:
Personal services and benefits:
Personnel compensation..................
Personnel benefits............ 1.........
Benefits for former personnel...........
1,772
217
240
1,871
227
245
1,656
211
249
1,836
210
247
2,041
526
250
1,883
294
251
1,890
282
253
2,114
267
255
Contractual services and supplies:
Travel and transportation of persons....
Transportation of things................
Rent, communications, and utilities.....
Printing and reproduction...............
Other services...........................
Supplies and materials..................
88
158
106
5
1,153
1,173
76
164
103
8
1,702
1,195
79
96
6
1,074
943
83
161
106
6
1,030
1,005
89
162
98
9
942
769
78
160
89
8
827
962
100
191
169
7
1,669
1,501
1,115
79
1
942
113
*
700
129
*
936
135
1
880
149
*
789
73
1
3
5
2
1
7
5
7
1
8
5
5
3
1
5
5
1
2
9
8
1
Other:
Undistributed U.S. obligations..........
Obligations incurred abroad.............
Unvouchered..............................
19
502
1
-19
663
*
*
516
*
*
535
*
Acquisition of capital assets:
Equipment................................
Lands and structures....................
Investments and loans.................
Grants and fixed charges:
Grants, subsidies, and contributions....
Insurance claims and indemnities........
Interest and dividends..................
Refunds..................................
UB
vo
Fiscal year 1971
Cumulative
to date
Comparable
period
FY 1970
Sept.
Oct.
Nov.
Dec.
1,964
241
274
1,714
238
276
1,940
239
279
1,789
240
281
1,845
227
283
11,367
1,453
1,648
11,556
1,356
1,366
102
137
123
8
1,556
747
103
176
128
10
1,350
1,292
38
144
36
5
1,077
1,106
80
86
92
5
830
1,216
56
167
72r
11
2,107
1,088r
99
162
128
14
1,663
1,212
477
875
578
54
8,583
6,661
534
1,075
614
43
8,153
8,257
1,855
257
*
1,029
44
1
583
134
1
1,544
63
1
871
116
1
962
131
*
1,017
93
1
6,006
580
4
5,606
491
28
2
5
5
2
7
6
8
3
3
7
7
*
7
6
4
*
2
6
5
2
3
8
8
1
4
6
5
1
3
6
5
2
21
38
35
7
23
30
33
5
1
556
*
1
556
*
*
710
*
4
472
1
-2
610
*
-1
563
1
-1
492
3
-*
3,356
4
18
3,444
2
7,110
6,752
6,865
6,336
7,427
7,253
41,744
42,633
l,411r
4
62
1,370
4
35
1,463
4
38
8,561
24
258
7,464
24
221
35
99
77
13
768
496
232
552
454
94
3,442
2,548
183
542
385
98
3,399
2,419
Aug.
Total national defense......... .........
6,639
7,311
5,827
6,306
6,494
5,986
1
643
3
8,846
Non^defense:
Personal services and benefits:
Personnel compensation..................
Personnel benefits......................
Benefits for former personnel...........
1,317
4
82
1,331
4
23
1,189
4
27
1,287
4
31
1,373
4
11
1,942 1/
4 .
7
1,398
4
6
1,339
4
10
1,398
4
18
1,579
4
94
Contractual services and supplies:
Travel and transportation of persons....
Transportation of things................
Rent, communications, and utilities.....
Printing and reproduction...............
Other services..........................
Supplies and materials..................
28
84
59
17
601
432
30
85
73
17
482
252
31
83
72
11
498
219
37
79
74
9
520
317
40
84
86
8
602
382
38
126
74
17
426
395
44
109
89
11
956
386
37
109
77
31
619
389
36
79
67
15
446
261
40
80
88
11
481
426
45
89
72
11
661
606
39
97
73
14
467
369
53
78
1,519
76
152
1,045
56
107
1,316
30
100
677.
55
116
826
71
110
513
177
198
1,611
40
130
775
41
151
941
100
159
1,009
205
200
691r
233
(227r
1,238
130
237
1,373
749
1,103
6,028
299
660
5,667
3,165
4,044
1,404
18
2,352
4,040
1,341
21
1,293
4,098
1,321
12
3,131
4,699
1,371
30
3,067
5,024
1,339
67
2,736
4,547
1,299
111
5,516
4,573
1,378
49
4,298
4,544
1,414
25
1,744
4,620
1,345
18
4,230
3,979
1,358
2,132r
5,377
l,300r
67
3,059
4,578
1,416
64
3,928
5,006
1,440
18
19,392
28,105
8,272
227
15,166
23,244
7,619
147
-233
70
3
12,745
76
69
*
-116
51
*
-88
54
*
2,962
61
*
1
94
*
-405
130
7
-1,831
48
*
-223
56
1
-72
57
-1
10,272
12,362
16,107
12,510
16,237
12,057
184
53
-3
13,908
-229
49
1
11,471'
-953
37
3
10,269
-3,124
300
1
77,217
-3,027
292
3
64,805
19,384
18,782
16,096
18,668
22,601
18,496
25,081
19,166
17,022
• 20,773
Acquisition of capital assets:
Lands and structures....................
Investments and loans...................
Grants and fixed charges:
Grants, subsidies, and contributions....
Insurance claims and indemnities...... .
Other:
Undistributed U. S. obligations..... .
Obligations incurred abroad.............
1/ Includes $1,013 million for Post Office Department, covering obligations for the period April 3 through May 29.
*
Less than $500,000.
p
Preliminary.
r Revised.
3b
12,755
19,090
This Department has 13 reporting periods.
*r
506r
-1
13,117r
'20,544r
15,109
^'Sr- 11^,960
107,4^&
16
T r e a s u r y Bulletin
.ACCOUNT OP THE TREASU RER OP THE UNITED S T A T E S.
Source and
Availability of the B a l a n c e
in t h e T r e a s u r e r ’
s Account
T h e w o r k i n g c a s h of the T r e a s u r y is h e l d m a i n l y in
Treasury, b a n k s a r e p e r m i t t e d to d e p o s i t i n t h e s e a c c o u n t s
T r e a s u r e r s accounts w i t h Federal Reserve banks a nd branches.
proceeds fr o m subscriptions to public debt securities entered
As the balances in these accounts become depleted,
for their own a c c o u n t as well as for the a c c o u n t of their
they are
r estored by calling in (transferring) funds fr om the tax and
customers.
loan accounts with thousands of commercial banks throughout
The ta x a n d loa n a c c o u n t syst e m p ermits th e Treasury to
the country.
l e a v e f u n d s i n b an k s a n d i n t h e c o m m u n i t i e s i n w h i c h t h e y a r i s e
D e p o s i t s to t a x a n d l o a n a c c o u n t s o c c u r i n the n o r m a l
u n t i l such time as the Treasury needs the funds for its opera
course of business under a uniform procedure applicable to all
tions.
banks whereby customers of banks deposit with them tax pay
effect of its fluctuating operations o n b a n k reserves a n d the
ments and funds for the purchase of Government securities.
e c o nom y.
In most cases the transaction involves merely the transfer of
In this w a y the Tre a s u r y is a b l e to n e u t r a l i z e the
A d e t a i l e d d e s c r i p t i o n o f t h e T r e a s u r y ' s d e p o s i t a r y systen*
m o n e y f r o m a c u s t o m e r ' s a c c o u n t to t h e t a x and, l o a n a c c o u n t i n
may be found in the Annual R eport of the Secretary of the
t h e s a m e ba nk .
Treasury for 1955,
O n occasions, to the extent authorized b y the
p a g e s 275-284..
T a b l e T U S - 1 . - Status o f t h i A c c o u n t of t h e T r e a s u r e r of t h e U n i t e d S t a t u
(In millions of dollars)
Assets
Treasuiy -operating balance
End of
fiscal year
or month
1962.................
1963.................
1964.................
1965.................
1966.................
1967.................
1968.................
1969.................
1970.................
Available
funds in
Federal
Reserve
banks
Tax and loan
accounts in
special
depositaries
8,815
10,324
9,180
10,689
10,050
4,272
4,113
4,525
6,929
1969-Dec.............
612
806
939
672
766
1,311
1,074
1,258
1,005
1,312
1970-Jan............
Feb.............
M ar............
Apr............
M a y ............
June...........
1,127
915
1,192
1,784
1,295.
1,005
5,188
5,592
5,630
5,123
4,605
6,929
6,087
6,174
7,489
5,425
5,217
6,834
8,532
July............
Sept............
Oct....... .
Nov.............
Dec.............
1971-Jan............
1,200
1,056
1,2 38
920
587
1,156
976
3,903
Gold
Total
balance
operating
in
balance
Treasuiy
12 1
120
120
108
102
11 2
111
112
111
1 12
1 12
111
111
111
111
111
111
111
111
111
110
Silver
balance,
Unclassified
coinage
collections,
metal,
etc. 1 /
coin, and
currency
9,548
11,251
147
10,238
11,469
10,917
5,695
5,298
5,894
8,045
145
534
775
1,159
768
553
277
5,327
6,427
6,618
6,934
7,019
6 ,0 11
8,045
70
74
58
55
93
62
In Federal
Reserve
banks in
process of
collection
Total
In other
depositaries assets
12 1
303
342
234
233
370
577
352
393
355
441
313
360
320
. 252
266
190
158
218
505
119
204
487
4a
125
118
107
84
43
409
288
289
136
416
390
373
277
86
104
816
201
12,610
12,407
7,759
6,694
7,104
9,016
79
•
_
.
_
_
-
86
6 ,2a
-
147
183
129
186
206
7,593
7,649
7,875
8,495
6,834
9,016
_
.
_
-
12 1
355
218
326
105
97
145
104
109
28
49
92
90
157
93
259
213
6,455
5,914
8,099
283
282
274
285
266
243
109
9,616
284
81
335
7,399
7,341
8,838
Source:
Daily Treasury statement.
1/ Amounts shown, beginning Januaiy 1963, are net of uncollected items,
exchanges, etc. Previously these items were included under liabilities.
2/ Includes reserves and other deposits of the Board ofTarustees, Postal
Savings System, and uncollected items, exchanges, etc., through
December 1962. Effective Januaiy 1963 balances of the Postal Savings
228
295
241
10,509
12,116
Bfilan&e i&
account of
Liabilities Treasurer
2/
of United
States
11,0 3 6
10,430
12,116
11,036
12,610
12,407
7,759
6,694
7,104
9,016
■
6 ,2a
7,593
7,649
7,875
8,495
6,834
9,016
92
8,074
7,982
9,674
7,162
6,733
8,769
-
8,074
7,982
9,674
7,162
6,733
8,769
289
10,605
-
10,605
100
_
_
System funds were transferred to deposit fund accounts and became
demand obligations of the Treasuiy. Balances of these funds, there
fore, are no longer liabilities within the general account of the
Treasurer. Uncollected itefts, exchanges, etfc., also previously shown
as liabilities were combined with "Unclassified collections, etc."
shewn under assets.
F e b r u a r y
1971
17
.ACCOUNT OP THE TREASU RER OP THE UNITED STA TE S.
T a b l e T U S - 2 . - Analysis of C h a n g e s in T a x a n d L o a n A c c o u n t B a l a n c e s
(In millions of dollars)
Credits
Balance
Proceeds from sales of securities l/
Fiscal year
or month
1962 .
1963 .
196li.
1965.
1966.
1967 .
1968.
1969 .
1970.
Savings
bonds
and
savings
notes 2/
2,725
2,699
2,760
2,635
2,7 04
2,783
2,673
2,599
2,573
Retire
ment
plan and
tax and
loss
bonds 2/
Tax
antici
pation
securities
5,898
2,963
2,3^0
7,368
7,643
9,538
10,408
13,0*6
1970-Jan..
Feb..
Mar..
Apr..
May..
June.
258
227
221+
224
210
217
3,^38
*
July.
Aug..
Sept.
Oct..
Nov..
Dec..
223
4,545
1971-Jan..
208
205
209
201
214
270
Other
During period
Withheld,
Income (byexcise,
special
and cor
arrange poration 4/ ment)
3,774
3,830
2,014
37,519
41,267
43,580
42,475
48,478
70,524
90,791
6,521
6,835
9,921
12,598
14,522
9,257
Total
credits
56,438
57,595
58,277
With
drawals
End of
period
53,076
56,085
59,421
58,540
75,338
97,160
112,741
141,921
149,317
8,815
10,324
9,180
10,689
5,188
15,143
7,953
10,128
15,957
12,452
12,594
12,819
14,000
11,442
11,865
10,868
10,44X3
14,561
l4j84l
11,355
10,550
12,933
3.0,646
12,945
6,087
944
2,088
9,232
9,892
11,657
8,250
9,295
12,258
6/834
1,000
8,901
10,172
8,474
8,532
1,627
1,173
9,576
5,417
3,640
132,460
1,535
1
10,305
12,332
11,719
10,331
14,925
123,906
8,980
1,3a
1
2,410
Source:
Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
,1/ Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting sub
scriptions to the issues.
2/ United States savings notes first offered for sale as of May 1, 1967
and were discontinued after June 30, 1970.
2/ Retirement plan bonds first offered for sale as of January 1, 1963 ;
tax and loss bonds first issued in March 1968 .
4/ Taxes eligible for credit consist of those deposited by taxpayers in
60,050
74,699
91,382
112,583
142,333
151,721
9,238
10,532
15,994
11,944
12,076
10,050
4,272
4,113
4,525
6,^29
5,592
5,630
5,123
4,605
6,929
6,174
7,489
5,424
5,217
High
Lew-
Average
8,889
1,531
2,535
1,577
1,844
447
710
1,029
709
894
4,457
5,325
4,747
5,431
4,324
3,775
4,191
4,329
4,022
5,333
6,419
6,666
5,123
1,803
3,840
3,487
10,324
10,257
10,872
11,274
9,979
8,004
9,720
7,990
6,267
3,468
1,677
3,329
5,472
5,331
3,454
4,850
4,632
7>§2i!7,801
7,840
7,996
3,982
3,862
2,467
2,975
2,792
2,997
5,682
5,805
5,12?
5,099
4,453
5,733
8,532
2,969
5,212
7,990
1,206
the depositary banks, as follows: Withheld income taxes beginning
March 1948; taxes on employers and employees under the Federal Insur
ance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; a number of excise taxes
beginning July 1953; estimated corporation income taxes beginning
April 1967 ; and all corporation income taxes due on or after
March 15 , 1968.
s/ Under a special procedure begun in March 1951, authorization was given
during certain periods for income tax payments, or a portion of them
made by checks* of $10,000 or more drawn on a special depositary bank,
to be credited to the tax and loan account in that bank. This proce
dure was discontinued in April 1967 .
Less than $500,000.
18
T r e a s u r y Bulletin
. A C C O U N T
O F
T H E
T R E A S U R E R
O F
T H E
U N I T E D
S T A T E S .
T a b l e T U S - 3 . - S u m m a r y of C a s h Transactions t h r o u g h the A c c o u n t
of th$ T r e a s u r e r of t h e U n i t e d States
________(in millions of dollars)__________
Net cash transactions other than borrowing
Fiscal year
or month
1962 ................
Deposits and withdrawals (budget
and other accounts)
Cash
Deposits
Cash with
drawals 1 /
1 0 5 ,9H
114,454
121,562
125,464
lUl ,095
112 ,18 8
Excess of deposits,
or withdrawals (-)
Clearing
accounts
2/
-6,278
-1*,023
-2,1*85
-931
-1,095
-1,555
-19,495
2l*3
-13,723
1,259
1,039
-1,491
-584
-1,075
654
-2,095
-1,928
1,556
-80
-333
-134
1,561
-507
777
Total net
transactions
-5,018
-2,984
-3,975
-1,515
-2,171
Plus: Net cash borrowing, or repayment of
borrowing (-)
8,755
4,670
2,895
3,089
Equals: Treasurer ’
s
account balance, in
crease, or decrease (-)
3,736
1,686
-1,080
1,575
-203
-4,648
-1,065
409
1,912
196 8
163,036
165,086
196 9
197 0
201,735
209,924
118,1*77
124,047
126,395
11*2,191
164,591
184,581
201,491
223,61*8
1970-Ja n
Feb............
M a r ............
Apr............
Ma y .............
June...........
18,200
17,674
14,888
21,530
16,309
23,915
17,278
18,946
17,823
18,186
19,113
19,751
July...........
Aug............
Sept...........
Oct............
Nov............
Dec............
1971-Ja n
13,256
16,852
20,115
12,921
15,160
17,594
17,890
19,291
22,642
17,042
18,573
17,148
20,766
921
-1,272
-2,934
3,344
-2,804
4,164
-6,035
-5,790
3,073
-5,652
-1,988
-3,173
17,961
-71
954
883
954
1,836
113,788
133,424
-19,636
2,511
-17,125
18,714
1,589
196 3
196 4
196 5
196 6
196 7
Fiscal 1971 to date.
1,968
-901
-21,590
-1,684
-12,167
-3,747
20,525
2,094
14,079
510
1,660
3,294
-4,285
1,652
-2,759
6,136
3,316
-1,724
2,868
3,278
3,885
1,352
56
226
620
-1,660
2,182
-1,043
2,381
343
272
-1,719
1,322
842
-1,605
-3,068
4,905
-3,312
4,941
-7,078
-3,409
3,416
-5,380
-3,707
-1,850
Source: Daily Treasury statement. Figures in the first four columns may
differ somewhat from those originally published in the daily Treasury
statement because of subsequent reclassification of certain trans
actions.
1/
2/
-942
-92
1,692
-2,512
-429
2,035
Beginning with the February 1963 Bulletin, figures have been revised,
as shown in the daily Treasury statements beginning January 2, 1963,
to exclude transactions of clearing accounts.
Previously included under cash withdrawals. See footnote 1.
T a b l e T U S - 4 . - G o l d A s s e t s a n d Liabilities o f t h e T r e a s u r y
(In millions of dollars) _____
End of calendar year or month
Gold assets 1/
1962 .....
196 3
.
196 4
.
196 5
.
196 6
.
196 7
.
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer's account
15,978
15,513
15,388
15,852
15,393
15,231
13,733 2/
13,159
11,982
10.367
10.367
10.732
13,041
11,870
10,256
10,256
10,663
120
157
107
118
112
111
112
109
1970-Jan..
Feb..
Mar..
Apr..
May..
June.
11.367
11.367
11.367
11.367
11.367
11.367
11.256
11.256
11.256
11.256
11.256
11.256
112
111
111
111
111
111
July.
Aug..
Sept.
Oct..
Nov..
Dec..
1971-Jan...
11.367
11.367
11.117
11.117
11.117
10.732
11.256
11.256
11,006
11,006
11,007
10,623
111
111
111
111
110
109
10.732
10,623
109
196 8
196 9
197 0
.
Source: Circulation Statement of United States Money through 1965 ; daily
Treasury statement thereafter.
Treasury gold stock; does not include gold in Exchange Stabilization
Fund. See "International Financial Statistics," Table IFS-1.
2/ Comprises gold certificates held by the public and in Federal Reserve
Banks, the gold certificate fund - Federal Reserve System, and gold
deposited by and held for the International Monetary Fund. Prior to
March 1968 also includes (l) reserve of $156 million against United '
1/
3/
13,626
126
States notes and through June 30, 19 61 , Treasury notes of 1890 and
(2) the redemption fund - Federal Reserve notes (Pursuant to P.L.
90-269 approved March 18 , 1968 , this fund was combined with gold
certificate fund - Federal Reserve System).
The United States payment of the $259 million increase in its gold
subscription to the International Monetary Fund, authorized by
P.L. 89-31, approved June 2, 1965 (79 Stat. 119) was made on June 30,
1965.
19
February 1971
M ONETARY STATISTICS
T a b l e M S - 1 . - M o n e y in Circulation
(In millions of dollars except per capita figures)
Currencies presently
being issued 1/
Currencies no» longer issueia
End of
fiscal year
or month
1962............................ .
1963..............................
1964..............................
1965.............. ...............
1966..............................
1967..............................
1968..............................
1969..............................
1970..............................
Federal
Reserve
bank
notes
National
bank
notes
Gold
certifi
cates 2/
Silver
certifi
cates
Federal
Reserve
notes y
36
18
18
4
1
1
1
1
1
1
*
*
*
*
*
*
*
*
*
*
1
*
292
1
1
1
1
1
1
*
*
*
*
#
#
292
293
293
294
295
297
47,334
45,321
45,450
46,079
46,386
46,985
47,626
*
*
*
*
*
*
298
299
300
303
306
309
47,730
47,900
48,003
48,207
49,526
50,204
29
20
19
13
4
4
4
4
4
2,009
1,847
1,723
829
582
395
225
223
220
.1968-Dec..........................
4
224
1969-Dec..........................
56
20
4
221
1970-Jan............... .........
Feb..........................
56
56
56
56
55
55
20
20
20
20
20
20
4
4
4
4
4
4
221
221
221
220
220
220
55
55
55
55
55
55
20
20
20
20
20
20
4
4
4
4
4
4
220
220
219
219
219
219
1
1
1
1
1
1
Coin
Standard
silver
dollars
1962 ............................ ; :
1963.............................
1964.............................
1965.............................
1966.............................
1967.............................
1968.............................
1969.............................
1970.............................
360
1968-Dec.........................
1970-Jan..... ...................
Feb....... .................
Mar.........................
Oct.........................
NOv.........................
Dec.........................
Fractional
coin
Total
coin
2,652
Total
money in
circula
tion y
33,110
482
2,293
2,466
2,723
3,180
3,782
4,160
4,827
5,308
5,646
6,128
482
5,209
5,691
482
482
482
482
482
482
482
482
482
482
482
482
482
5,539
6,021
53,950
5,504
5,506
5,546
5,572
5,603
5,646
5,664
5,689
5,711
5,731
5,769
5,800
5,986
5,988
6,028
6,053
6,084
6,128
51,901
52,032
52,701
53,034
53,665
54,351
54,473
54,669
54,795
55,021
56,381
57,093 2/
411
482
482
482
482
482
482
Source: Circulation Statement of United States Money through December 1965;
thereafter, Statement of United States Currency and Coin.
|/ Excludes gold certificates, Series of 1934, which are issued only to
Federal Reserve banks and do hot appear in circulation.
2/ Issued prior to Januaiy 30, 1934.
y
Issued prior to July 1, 1929.
2,878
3,2053,662
4,264
4,641
5,309
5,790
6,145
6,170
6,193
6,213
6,251
6,281
y
y
6/
7/
*
Federal
Reserve
notes y
28,586
30,274
32,338
34,820
37,315
39,289
41,722
44,547
47,626
53
37
36
22
21
21
21
20
20
21
End of
fiscal year
or month
United
States
notes
318
319
321
302
303
300
299
294
297
310
85
78
73
68
64
61
59
57
55
58
Oct..........................
Nov..........................
Dec..........................
Treasury
notes of
1890
35,470
37,734
39,720
42,554
44,712
47,640
50,936
54,351
50,961
Total
currencies
31,117
32,592
34,529
36,058
3&,290
40,071
42,331
45,146
48,223
45,270
44,653
47,929
45,915
46,044
46,673
46,981
47,581
48,223
48,327
48,498
48,602
48,808
50,3.30
50,812
Money in
circulation
per capita
(in dollars) 6/
180.98
187.30
196.41
204.14
216.10
224.55
236.82
250.65
264.62
251.97
264.01r
253.78
254.23
257 .28
258.68
261.52
264'.62
264.95
265.62
265.96
266.80
273.12
276.31
Issued on and after July 1, 1929.
Excludes money held by the Treasuiy and money held by or for the
account of the Federal Reserve banks and agents.
Based on the Bureau of the Census estimated population.
Highest amount to date.
Less than $500,000.
r
Revised.
T r e a s u r y Bulletin
2 0
.FEDERAL DEBT.
T a b l e FD-1. - S u m m a r y of F e d e r a l D e b t
(in millions of dollars)
Securities held by:
Total outstanding
End of
fiscal year
or month
Government accounts
Total
1962 ................
306,128
1963................
1964................
1965................
1966................
1967................
1968 ...............
1969................
1970...............
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
Public
debt
securi
ties
298,201
305,860
311,713
317,274
319,907
326,221
347,578
353,720
370,919
Agency
securi
ties
7,927
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
Total
54,918
56,345
Public
debt
securi
ties
7,264
7,416
3,328
2,209
825
825
251,782
267,529
290,629
251,084
279,483
284,880
274,924
12,909
16,445
21,398
11,403
9,956
2,884r
825
289,294
278,358r
10 ,936r
289,100
288,961
10,937
90,193
92,331
95,170
2,539
2,565
2,553
825
825
825
825
278,163
90,368
2,818
2,580
2,526
276,176
10,461
10,408
10,104
9,956
2,010
3,001
97,723
84,815
95,170
2,81*6
2,553
382,046r
368,226
13,820
91,927
1970-Jan...........
Feb...........
Mar...........
Apr...... .
May...........
June..........
381,327
381,813
384,994
380,142
383,757
383,428
367,572
368,847
372,007
367,194
371,088
370,919
13,755
91,402
92,027
92,894
92,732
94,896
97,723
88,584
89,447
July..........
389,039
393,370
380,901
Sept..........
Oct...........
Nov...........
Dec...........
391,160
392,665
396,100
401,650
376,568
378,678
380,200
383,640
389,158
12,670
12,510
12,472
12,469
12,482
12,465
12,460
12,491
97,337
98,952
98,089
97,032
97,161
99,687
Source:
Daily Treasury statement and monthly statement of receipts and
expenditures of the Government.
1/ Represents non-interest bearing public debt securities issued to the
International Monetary Fund, and prior to FY 1967 to the International
Development Association, and the Inter-American Development Bank in
recognition of U.S. Government subscription commitments. Since June
Agency
securi
ties
241,109
247,046
249,533
252,748
1969-Dec...........
12,987
12,948
Public
debt
securi
ties
2^ ,3 73
254,461
247,553
261,614
264,690
71,809
76,138
87,661
y
663
707
469
468
59,210
Total
2,837
3,176
3,581
3,455
89,042
12,966
Agency
securi
ties
5^,255
55,638
58,598
61,071
64,316
61,540
64,784
73,819
79,140
The public 2/
IMF & Inter
national
lending or
ganizations
6 11
3,810
96,368
2,602
2,614
2,597
2,594
278,574
280,814
10,386
825
284,880
288,036
277,932
274,924
825
825
825
825
825
290,877
293,593
292,246
294,808
280,976
283,708
282,367
9,902
9,885
298,113
301,138
291,240
288,250
9,863
9,897
825
2,570
2,584
94,767
95,U87
94,4i 8
9^,564
97,093
291,275
286,584
269,231
268,080
8,020
8,866
825
284,957
9,880
9,851
1965 letters of credit have been issued in lieu of the special notes.
All outstanding notes have been converted to letters of credit with
the exception of those for IMP.
2/ Includes holdings of Federal Reserve banks,
r Revised.
T a b l e F D - 2 . - C o m p u t e d Interest C h a r g e a n d C o m p u t e d Interest R a t e o n Interest-Bearing P u b l i c D e b t
(Dollar amounts in millions)
Computed annual interest rate
Total
interestbearing
public
debt
Computed
annual
interest
charge
Total
interestbearing
public
debt
1962 ..............
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970...............
294,442
301,954
307,357
313,113
315,431
9,519
10,119
3*239
1969-Dee,
Bid of
fiscal year
or month
Feb..........
Marketable issues
Total
7.676
-
5.916
3.738
4.237
5.905
6.037
5.996
5.897
6.032
5.986
7.830
7.862
7.670
5,916
3.739
3.75^
3.761
3.761
3.761
3.762
^.255
4.273
4,286
4.275
4.278
4.327
4.823
4.886
4.906
4.905
4.972
5.235
7.184
7.052
6.978
_
_
-
3.762
4.346
19,657
20,073
20,175
5.*126
20,257
20,339
20,708
3.800
4.134
4.165
4.757
5.232
5.986
June.........
369,026
July.........
Aug..........
374,622
378,905
376,82Q
378,324
381,667
387,252
5.576
5.964
21,123
20,932
21,065
5.622
5.601
5.616
6.015
5.603
5.520
5.986
5-963
5.936
5-803
386,487
20,937
5-459
5.713
Oct..........
Nov..........
1971-Jan..........
Footnotes at end of Table FD-5.
2 1,2 10
2 1,2 10
___________ _
2.891
3.0Q3
5*849
365,620
366,858
19,666
3.364
3.*U2
3.462
3.493
3.713
3.745
3.876
3.979
**-555
5.235
4,818
5,384
369,963
365,099
369,144
3.122
3.344
3^*71
Special
issues
3.681
3.722
3.762
19,539
5.522
5.503
5.^
5.536
5.557
3.680
Honmarket
able
issues 2/
6.420
366,221
344,401
351,729
2.926
3.081
Treasury
bonds
Notes
7.3*»0
369,026
11,467
12,516
12,953
15,404
17,087
20,339
3.425
3.659
322,286
U'
Certificates
3.377
3.283
4.851
5*250
-
3.285
3.360
3.560
3.678
3.988
4.039
4.499
4.891
5.557
10,900
Bills
3.729
4.064
4.845
4.360
5.7U
6.508
7.451
7.416
7.340
6.866
6.557
6.150
5.890
3.921
3.854
3.842
4.321
4.764
5.294
3.642
3.655
3.686
5.668
6.061
6.061
6.065
6.421
6.420
6.420
6.531
6.531
6.537
6.704
6..704
6,704
.
4.327
3.238
3.372
3.693
3.854
4 .133
3,740
3.735
3-741
3-741
3.-742
4.362
4.357
4.532
4.-543
4.537
5-359
5.408
5-403
5-387
5.404
5-407
3.7>*2
*U519
5.397
February 1971
21
FEDERAL DEBT
T a b l e FD-3. - Interest-Bearing Public D e b t
(in millions of dollars)
Public issues
End of
Fiscal year
or month
Total
interestbearing
public
debt
1962....... .
1963.............
1964.............
1965.............
1966 .............
1967.............
1968.............
1969............ .
1970..............
294,442
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
566,221
1^69-Dec........ .
1970-Jan.........
Iteb.........
Mar.........
Apr.........
May.........
June........
Aug.........
Sept........
Nov.........
365,620
366,858
369,963
365,099
369,144
369,026
Marketable
Total
public
issues
Total
Bills
249,503 196,072’ 42,036
47,230
257,153 203,508
50,740
260,729 206,489
53,'565
264,463 208,695
264,311 209,127
54,929
266,131 210,672
58,535
284,874 226,592
64,440
284,940 226,107
68,356
292,702 232,599 76,154
295,213
235,863
80,571
295,503
295,433
297,889
293,339
295,831
236,321
235,968
238,195
233,998
236,561
232,599
8l, 08l
292,702
374,622
378,905
376,820
378,324
381,667
3^7,252
298,527 237,821
301,400 240,511
300,139 239,330
302,876 242,180
306,024 244,447
309,146 247,713
386,487
308,774
1971-Jan.........
247,667
Certif
icates
Nonmarketabl
Notes
Treasury
bonds
1 3 ,5V? 65,464
22,169 52,145
_ 67 ,28V
75,025
81,964
88,464
102,481
101,897
97,418
91,079
-
1,652
5,610
81,171
83,729
79,657
80,056
76,154
81,437
81,854
80,691
83,697
84,625
87,923
87,918
52,5^9
50,649
49,108
_
_
-
71,073
78,946
93,489
53,431 47,607
53,645
54,240
55,768
55,183
55,459
10 1,2 11
101,227
- 101,228
58,658
58,612
58,563
58,522
j/
1,366
1,656
1,765
1,996
1,587
2,285
1,390
1,390
1,420
1,625
51,448
51,398
51,325
51,285
51,307
2,424
2,420
2,412
2,408
26
26
26
26
26
69,832
63,437
58,733
58,699
1,703
3,389
59,182
59,465
59,694
59,341
59,270
85,408
91,360
91,368
62,897
25
26
-
93,487
99,925
99,940
99,825
28
2,426
-
60,103
2,388
51,28 1
60,707 51,300
60,888 51,375
60,809
2,387
2,383
2,38Q
2,378
2,370
25
24
23
2?
23
24
24
2,369
25
2,386
2,386
51,414
60,696 51,537
61,577 51,693
61,434 51,842
61,106 51,928
Special
issues
Foreign
currency
Other
series
3/
securi
ties 2/
860
648
392
1,132
817
624
51,549
(8 ,878
62,956
2,692
Foreign
series
securi
ties 1/
138
103
103
59
44
45
30
59,350
85,414
91,285
93,499
93,^89
3,546
3,256
51,28 1
58,282
58,833
60,103
63,098
63,056
63,006
4,727
3,921
48,314
49,299
50,043
50,537
51,213
51,712
51,711
2,589
2,516
2,459
2,387
62,956
Source:
Daily Treasury statement.
1/ Consists of certificates of indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U. S. dollars.
2/ Consists of the dollar equivalent of Treasury certificates of indebtedness; Treasury bonds beginning October 1962 ; and Treasury notes beginning
T a b l e FD-4. - M a t u r i t y Distribution a n d
78,805
Total
Treasury
bonds
Depos
invest
itary
ment
bonds
series
U.S.
savings
bonds
2,001
2,606
2,873
2,620
2,534
3,389
3,9H
4,076
3,971
3,755
4,637
4,331
3,926
25"
75
630
832
08
l4l
137
97
1,137
957
890
1,740
2,367
1,366
1,366
1,366
1,366
1,366
1,366
1,366
1,366
1,366
282
564
1,608
1,638
1,638
1,649?
44,939
44,801
46,627
48,650
51,120
56,155
59,526
66,790
76,323
71,008
70,117
71,425
72,074
71,760
1,651
1^25
1,478
1,500
1,662
73,315
76,323
76,094
77,506
*76,681
75,448
'75,643
78,106
1,492
77,713
1,656
1,719
November 1966 issued and payable in designated foreign currencies.
Includes Treasury bonds, Rural Electrification Administration series
beginning July I960; retirement plan bonds beginning January 1963;
Treasury certificates beginning. June 1963. Treasury bonds beginning
January 1964; and U. S. savings notes beginning May 1967 and discontinued after June 30, 1970.
A v e r a g e L e n g t h o f M a r k e t a b l e I n t e r e s t - B e a r i n g P u b l i c D e b t 1/
(in millions of dollars)
Maturity classes
End of
fiscal year
or month
Amount
outstanding
1962 ......... ........
1963..................
1964.................
1965..................
19 66..................
1967..................
1968............... .
1969..................
1970..................
196,072
1969-Dec.............
235,863
1970-Jan.............
Feb..... ........
Mar..............
236,321
May.............
Aug.............
Nov.............
1971-Jan.............
203,508
206,489
208,695
209,127
210,672
226,592
226,107
232,599
235,968
238,195
233,998
236,561
232,599
237,821
240,511
239,330
Average length
Within
1 year
1 - 5
years
88,442
85,294
81,424
87,637
89,136
89,648
106,407
103,910
105,530
57,041
58,026
5-10
years
26,049
37,385
34,929
39,169
33,596
24,378
30,754
34,837
10 - 20
years
9,319
8,360
20 years
and over
1 1 mos.
1 mo.
0 mo.
11,048
4 yrs.
5 yrs.
5 yrs.
5 yrs.
4 yrs.
*4 yrs.
4 yrs.
4 yrs.
3 yrs.
8 mos.
15 ,2 2 1
14,444
16,328
89,615
15,882
8,355
8,449
8,439
8,425
8,407
8,374
10,524
118.124
73,302
20,026
8,358
16,054
3 yrs.
118,633
117,796
121,272
117,148
109,432
105,530
73,294
77,104
75,889
75,855
20,026
8,354
10,557
10,551
10,542
10,534
10,524
16,014
11,18 2
3
3
3
3
3
3
110,813
89,614
91,075
<2L,066
90,992
15,876
18,122
82,302
82,318
82,316
22,555
22,553
10,514
10,507
10,501
10,493
8,566
8,556
11,004
10,978
10,951
10,922
10,900
10,863
22,553
8,542
10,839
109,830
108,671
242,180
111,6 3 6
244,447
247,713
247,667
120,125
123,423
123,418
65,453
56,198
60,933
71,424
64,470
62,770
89,631
89,615
Source:
Office of Debt Analysis in the Office of the Secretary.
1/ All issues are classified to final maturity except partially tax-exempt
19,329
19,329
19,329
15,879
15,882
18,140
18 ,138
17,241
17,023
16,797
16,553
16,217
11,155
11,124
11,085
11,048
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
4 mos.
mos.
mos.
mos.
mo.
mos.
11
7
2
0
8
7
7
6
6
8
8
mos.
mos.
mos.
mos.
mos.
mos.>
6 mos.
7 mos.
6 mos.
5 mos.
6 mos.
4 mos.
4 mos.
bdhds which have been classified to earliest call date. The last of these
bonds were called on August 14, 1962, for redemption on December 15, 1962 .
Treasury Bulletin
22
, FEDERAL DEBT.
Table FD-5. - Special Public Debt Issues
(In millions of dollars)
End of
fiscal year
or month
Federal
employees
Total retire
ment
funds
11,382
12,438
13,530
14,577
15,189
15,569
15,668
17,354
18,931
1969-Dec..
44,939
44,801
46,627
48,650
51,120
56,155
59,526
66,790
76,323
71,008
17,868
1970-Jan..
Feb..
Mar..
Apr..
May..
June.
70,117
71,425
72,074
71,760
73,313
76,323
17,969
July.
Aug..
Sept.
Oct..
Nov..
Dec..
76,094
77,506
1971-Jan..
1962 .....
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
federal
Deposit
Insurance
Corpora
tion
Federal
Disability
Insurance
Trust
Fund
500
2,304
2,165
1,903
1,563
1,150
1,376
1,891
3,042
260
270
312
57
85
174
120
74
Federal
home
loan
banks
74
372
82
4,435
100
924
52
152
52
199
138
3,428
331
200
332
333
326
77
74
3,417
3,625
3,838
3,924
4,134
4,435
157
78,106
19,238
19,309
19,350
19,398
19,471
20,027
74
100
91
72
175
77,713
20,257
76,681
75,448
75,643
18,016
18,058
18,007
17,999
18,931
Federal
Hospital
Insurance
Trust
Fund
786
1,192
1,259
1,890
2,583
2,408
Federal
Old-Age
and
Survivors
Insurance
Trust Fund
15,074
14.221
14,799
15,261
14,403
17,840
19 .2 2 1
21,986
25,939
23,718
138
110
98
199
2,322
2,276
2,380
2.407
2.408
2.583
23,361
23,653
24,473
24,412
176
4,497
4,691
4,628
4,660
4,736
4,966
203
75
140
86
199
175
2,479
2,570
2.583
2,39?
2,304
3,093
25,614
26,442
25,948
25,343
25,323
25,787
242
4,923
333
3,037
25,069
260
Federal
Savings
and Loan
Insurance
Corpora
tion
25,268
25,939
Source:
Daily Treasuiy statement.
1/
Consists of: Postal Savings System through 1962 ; Federal Housing
Administration Funds; Employees Life Insurance Fund; Exchange
Stabilization Fund; Veterans' Special Life Insurance Fund; Veterans*
Reopened Insurance Fund beginning May 1965 ; Federal Supplementary
182
98
332
287
223
3
36
73
80
60
49
77
82
85
102
80
88
118
127
58
37
9
14
Government
Life
Insurance
Fund
1,028
1,003
956
933
938
8l4
876
842
797
806
800
794
787
782
776
797
High
way
Trust
Fund
436
National
Service
Life
Insurance
Fund
Railroad
Retire
ment
Accounts
Unemploy
ment
Trust
Fund
Other
1/
2,602
5,804
5,714
5,783
5,909
6,113
5,744
5,856
5,754
5,915
3,316
2,786
2,969
3,123
3,277
3,339
3,303
3,434
3,751
4,657
4,803
4,931
5,799
7,075
7,785
8,807
9,957
10,520
263
464
519
749
1,635
1,304
772
497
1,953
5,769
3,235
10,675
620
1,992
2,184
2,241
2,346
2,588
5,751
5,791
5,763
5,741
5,727
5,915
3,109
3,184
3,140
3,024
3,033
3,751
10,398
10,679
10,355
10,102
10,656
10,520
591
552
484
5,906
5,892
3,637
3,595
3,557
3,341
3,334
3,396
3,264
10,285
10,633
543
524
539
678
609
265
238
722
978
1,513
2,602
791
784
780
774
768
.776
2,739
2,771
2,73*>
2,725
2,590
2,823
5,868
5,853
5,961
775
2,936
5,950
5,881
10,322
10,102
10,146
9,984
9,M4
182
494
448
497
622
706
932
1,500
Medical Insurance Trust Fund beginning July 1966 ; Employees Health
Benefits Fund beginning October 1970; Export-Inrport bank of the
United States from February 1967 - October 1968; and Servicemen's
Group Life Insurance Fund from August 1969 - April 1970.
F o o t n o t e s to T a b l e F D - 2
Source:
On the basis of the daily Treasury statement.
Note: The computed annual interest charge represents the amount of
interest that would be paid if each interest-bearing issue outstand
ing at the end of each month or year should remain outstanding for a
year at the applicable annual rate of interest. The charge is com
puted for each issue by applying the appropriate annual interest rate
to the amount outstanding on that date (the amount actually borrowed
in the case of securities sold at a premium or discount, beginning
with May i960). The aggregate charge for all interest-bearing issues
constitutes the total computed annual interest charge. The average
1/
2/
annual interest rate is computed by dividing the computed
interest charge for the total, or for any group of issues, by the
corresponding principal amount. Beginning with data for December 3 1 ,
1958 , the computation is based on the rate of effective yield for
issues sold at premium or discount. Prior to that date it was based
on the coupon rate for all issues.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
On United States savings bonds the rate to maturity is applied against
the amount outstanding.
23
February 1971
PF.nTT.PAT n F . R T
Table
F D - 6 . - Interest-Bearing Securities I s s u e d b y G o v e r n m e n t A g e n c i e s 1/
(In millions of dollars)
Agriculture
Department
End of
fiscal year
or month
1962.................
1963.................
1964................
1965................
1966................
1967................
1968................
1969................
1970...............
Total
7,927
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
Commodity
Credit
Corporation
2/
Defense
Department
Family
Federal
housing
Housing
mortgages and Admini
Homeowners
stration
assistance
mortgages
_
-
-
2,130
2,268
2,238
2,183
2,112
2,036
1,951
1,863
1,775
Other independent agencies
Housing and Urban Development Department
Federal
National
Mortgage
Government National
Mortgage Association
Participation
Sales Fund
Secondary
market
operations
Other
*
424
586
793
570
441
492
548
577
517
_
-
-
-
300
2,110
4,830
7,900
8,600
7,320
Farm Credit Administration
Export-Import
Bank of the
United
States
V
2,558
1,961
1,699
1,797
3,269
4,079
5,887
-
-
-
Banks for
cooperatives
300
520
827
1,022
1,385
2,164
2,571
2,472
1,893
467
469
525
709
881
1,072
1,230
-
Federal
Intermedi
ate credit
banks ij
1,903
2,173
2,369
2,529
2,893
3,363
3,779
'
1969-Dec............
13,820
342
1970-Jan............
Feb............
M a r ............
Apr............
Ma y ............
June...........
13,755
12,966
12,987
12,948
12,670
12,510
278
225
196
186
171
-
July...........
Aug............
Sept...........
Oct............
Nov....fc.......
Dec.............
12,471
12,469
12,481
12,465
12,460
12,491
-
1,817
1,811
1,804
1,797
1,791
1,784
1,775
1,768
1,762
1,746
1,742
1,735
1,729
572
8,060
575
551
525
523
519
517
8,060
7,410
7,410
7,390
7,390
7,320
514
512
512
482
478
476
7,285
7,285
7,285
7,285
7,255
7,230
_
_
-
-
-
-
-
-
_
_
-
-
-
-
-
-
_
_
Other
Banks for
cooperatives
Federal home
loan banks
Federal
Home Loan
Bank Board
Tennessee
Valley
Authority
1962.................
*1963...... ..........
1964.................
1965.................
1966.................
1967.................
1968.................
1969.................
*
*
*
*
*
*
6
6
6
145
145
180
225
285
417
525
728
996
*
*
*
*
*
3
3
3
3
_
_
1,411
1,529
1,797
2,770
4,201
4,757
6,310
4,588
4,702
5,524
9,914
1969-Dec............
1970-Jan............
Feb............
Mar............
6
826
3
1,492
835
805
905
906
905
996
3
3
3
3
3
3
1,006
1,015
1,045
1,065
1,100
1,166
3
3
3
3
3
3
1,529
1,596
1,595
1,615
1,559
1,529
1,538
1,557
1,556
1,620
1,720
1,776
May
•••••••••••
July.•••••••••••
Sept.••••»•«••»•
Oct
..........
Nov....... .
Dec............
6
6
6
6
6
6
6
6
6
6
6
6
_
_
_
_
_
_
_
_
_
_
_
_
_
_
(Memorandum)
Other independent
agencies - (continued)
End of
fiscal year
or month
2,193
2,188
2,162
2,145
2,143
1,893
1,893
1,890
1,886
1,884
1,882
1,882
1,882
k/
Federal
intermediate
credit banks
y
Source: Bureau of Accounts.
1/ Includes unredeemed matured securities outstanding on which interest
has ceased.
2/ Certificates of interest in the amount of $1,590 million were reclassi
fied July 1, 1969 from budget transactions to agency securities*
2/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
_
-
Federal
National
Mortgage
Association
5/
Federal
land
banks
-
District of
Columbia
Stadium Fund
8,076
13,165
20
20
20
20
20
20
20
20
20
5,955
6,074
6,040
6,137
6,126
6,192
10,511
10,717
11,660
12,227
12,411
12,606
13,165
20
20
20
20
20
20
20
6,291
6,378
6,362
6,409
6,406
6,405
13,402
13,977
14,397
14,703
15,069
15,206
20
20
20
20
20
20
4,240
4,942
2,551
2,725
2,974
3,532
4,106
4,612
5,319
5,720
6,192
8,423
4,180
5,953
8,8a
9,217
9,846
10,013
9,952
9,914
10,103
10,200
10,166
10,177
10,202
10,532
4,226
4,379
4,486
4,655
4,805
4,942
5,044
4,984
4,903
4,882
4,835
4,863
*
-
Housing and Urban Development Act of 1968 (P.L. 90-448).
ij Effective December 31, 1968, Banks for cooperatives and Federal inter
mediate credit banks were converted to private ownership pursuant to
provisions of Public Law 90-582, October 17, 1968.
5/ Includes mortgage backed bonds beginning June 1970.
*
Less than $500,000.
Treasury Bulletin
24
FEDERAL DEBT
T a b l e F D - 7 . - Participation Certificates
(In millions of dollars - face amounts)
Participation certificates issued by GNMA acting as trustee
Agriculture
Department
Fiscal year
or month
Commodity Credit
Corporation
Sales
1962...............
1963* . . . . . . . . . . . . . .
1964...............
1965 ».»••»»»«»••»•«
1966 ...............
1967 ...............
1968...............
1969•••••••••••••••
1970...............
1969-Dec...........
1970-Jan...........
Feb...........
Mar...••••••••
Apr...........
May...........
June..........
July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
Fiscal 1971
to date...........
Export-Import Bank
of the United States
_
_
_
_
_
2,181
_
-
Retire Out
Sales
standing
ments
_
_
_
_
_
2,181
45
-
342
278
225
196
186
171
-
300
250
373
450
761
1,411 i/
570
_
_
30
66
255
398
650 3/
535
369
321
300
520
827
1,022
1,385
2,146
2,183
1»814
1,493
-
-
-
-
-
-
-
-
-
-
-
11
1,482
-
-
-
-
_
_
_
-
-
-
-
-
-
-
-
-
300
2,110
4,830
7,900
8,600
7,320
600
525
225
-
184
401
8,060
_
_
-
_
278
_
-
300
1,840
2,900
3,250
1,330
_
_
-
-
-
_
2
6
4
2
250
-
-
-
Retire
ments
-
-
3
4
3
2
#
Sales
_
1,757
-
-
-
Retire Out
ments
standing
Sales
-
1,755
1,749
1,745
1,743
1,493
1,493
1,490
•1,486
1,484
1,482
1,482
1,482
-
64
53
29
10
16
171
-
_
_
_
_
-
Retire Out
standing
ments
30
180
180
630
1,280
25
_
650
20
70
8,060
7,410
7,410
7,390
7,390
7,320
-
-
-
30
25
7,285
7,285
7,285
7,285
7,255
7,230
-
90
7,230
35
-
-
-
-
Health, Education,
and Welfare
Department 7J
Farmers Home
Administration 1/
Total
_
_
-
-
-
-
-
-
-
_
-
-
-
-•
Out
standing
Sales
_
_
_
_
_
600
1,125
1,166
765
_
_
_
_
_
100
100
1,043
_
_
_
_
_
_
1,043
765
765
765
765
765
765
765
765
765
765
765
765
15
-
_
Retire
ments
_
_
_
_
_
_
_
3
3
_
_
1
_
_
_
-
_
_
_
_
_
_
_
_
_
-
-
Out
standing
_
_
_
_
100
200
212
209
210
210
209
209
209
209
209
209
209
209
209
209
209
209
Participation certificates issued by GNMA acting as trustee - (Continued)
Housing and Urban Development Department
Fiscal year
or month
Office of Secretary ij
Sales
1962 ..............
1963 ..............
1964*.............
1965..............
1966..............
1967 ..............
1968..............
1969..............
1970..............
1969—Dec..........
1970—Jan..........
F eb..........
Mar.
Apr..........
May..........
June.........
_
680
1,140
64O
_
_
_
_
_
_
-
Retire
ments
27
324
_
_
199
_
_
_
-
Out
standing
Government National
Mortgage Association
Sales
Retire Outstanding
ments
Sales
Retire
ments
_
680
1,820
2,433
2,109
_
200
605
740
465
140
-
_
20
50
50
134
190
_
200
785
1,475
1,891
1,897
1,707
_
350
520
430
50
-
_
70
70
203
225
2,308
_
_
-
11
72
9
16
13
11
1,788
1,788
1,716
1,716
1,707
1,707
1,707
_
-
42
70
~
2,308
2,109
2,109
2,109
2,109
2,109
1,691
2,109
July.........
1,691
2,109
Aug..........
1,691
2,109
Sept.........
1,691
2,109
Oct..........
1,678
2,109
Nov....... .
1,667
Dec..........
2,109
Fiscal 1971
to date..........
1,667
2’
1Q9
____42Source: Bureau of Accounts.
1/ Includes Direct Loan and Rural Housing Loan programs.
2/ Includes Construction of Higher Education Facilities, Health Professions
Education Fund, and Nurse Training Fund, beginning April 1968.
j/ Includes $107 million refunding transaction.
ij Includes College Housing, Elderly Housing, and Public Facility programs.
0/ Includes Special Assistance, and Management and Liquidating programs.
6/ Includes programs for Disaster Loans, and Business Loans and
Vet.ftmnH
Administration 2/
.Small Business
Administration 6/
2/
8/
*
Out
standing Sales
_
350
800
1,160
1,007
782
894
894
852 ,
852
852
852
782
782
782
782
782
782
782
Retire
ments
Commodity Credit Corp.
(net certificates of
interest authorized under
Charter Act) 8/
OutI
standing 11 Sales
_
100
885
260
590
260
-
_
10
60
60
79
136
100
975
1,175
1,704
1,885
1,749
-
14
_
58
11
20
17
14
1,818
1,818
1,760
1,760
1,749
1,749
1,749
1,729
1,729
1,729
1,729
1,712
1,698
Retire
ments
Out
standing
296
_
_
42
436
167
_
667
-
_
68
457
_
_
_
99
_
_
_
_
_
_
-
_
_
-
_
_
_
_
_
-
_
_
-
_
_
_
_
-
902
834
377
419
855
1,021
923
1,590
-
782
1,698 II
51
Investments.
Includes Direct Loan and Loan Guaranty programs.
In the case of Commodity Credit Corporation, participation certificates
are called "certificates of interest" and cure not included in the
Participation Sales Act of 1966. Amounts shown as sales and retirements
represent the net excess transactipns for the period. On July 1, 1969
the amount outstanding was reclassified as agency securities.
Less than $500', 000.
25
February 1971
- FEDERAL DEBT________________
T a b l e FD-8, - D e b t Subject to Statutory limitation
rotal outstanding sub
ject to limitation
End of
fiscal year
or month
Statutory
debt
limit
Total
Public debt
securities
Agency securities
& debt of District
of Columbia 1/
Matured debt and debt bearing no interest
subject to limitation
Interest bearing debt
subject to limitation
Public debt Agency
District of
securities securities Columbia 2/
1/
Public debt
securities
Agency
securities
1962...................
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
300,000
307,000
324,000
324,000
328,000
336,000
358,000
377,000
377,000
298,212
306,099
312,164
317,581
320,102
326,471
350,743
356,932
373,425
297,768
305,492
311,351
316,991
319,641
325,959
346,925
353,084
370,288
444
607
813
590
462
512
3,819
3,847
3,137
294,442
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
424
586
792
569
441
492
3,798
3,827
3,117
20
20
20
20
20
20
20
20
20
3,326
3,538
3,995
3,878
4,210
3,673
2,524
1,355
1,262
1
1
1
1
1
*
*
#
*
1969-Dec...............
377,000
371,435
367,592
3,842
366,221
3,822
20
1,371
*
1970rJan...............
Feb..............
377,000
377,000
377,000
377,000
377,000
377,000
366,939
368,214
371,375
366,562
370,456
370,288
3,845
3,171
3,145
3,143
3,139
3,137
365,620
366,858
369,963
365,099
369,144
369,026
3,825
3,151
3,125
3,123
3,119
3,117
20
20
20
20
20
20
1,319
1,356
1,412
1,463
1,312
1,262
#
*
#
#
*
#
395,000
395,000
395,000
395,000
395,000
395,000
370,784
371,385
374,520
369,705
373,595
373,425
379,071
383,403
381,180
382,672
386,109
391,626
375,937
380,271
378,048
379,570
383,011
388,530
' 374,622
378,905
376,820
378,324
381,667
387,252
3,114
3,112
3,112
3,082
3,078
3,076
20
20
20
20
20
20
1,316
1,365
1,228
1,246
1,344
1,278
*
*
*
*
*
#
395,000
390,809
387,712
3,134
3,132
3,132
3,102
3s 098
3,097
3,096
386,487
3,076
20
1,226
*
1971-Jan..............
Source: Daily Treasury statement.
Note: For debt subject to limitation for fiscal years 1940-1960 see Table
21 of the Statistical Appendix to the Annual Report of the Secretary
of the Treasury on the State of the Finances for fiscal 1969. For a
summary of legislation on debt limitation under the Second Liberty
Bond Act and the amounts of limitation see Table 31 of the Statistical
Appendix.
1/ Of #3,250 million in participation certificates subject to limitation
issued in fiscal 1968, $2,600 million are now outstanding.
7j District of Columbia Armory Board Stadium Bonds.
Less than $500,000.
Treasury Bulletin
26
FEDERAL DEBT
Table FD-9. - Status and Application of Statutory Limitation
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
by the Act of June 30, 1970 (.Public Law 91-301), provides that
the face amount of obligations issued under authority of that
Act, and the face amount of obligations guaranteed as to principal and interest by the United States, shall not exceed in
the aggregate $380 billion outstanding at any one time. PublicLaw91-301 also provides that beginning July 1, 1970, and
ending June 30, 1971, the public debt limit shall be temporarily increased by $15 billion to $395 billion.
The Act of June 30, 1967 (Public Law 90-39) provides
that the face amount of beneficial interests and participations issued under section 302(c) of the Federal National
Mortgage Association Charter Act (12 U.S.C. 1717(c)) during
the fiscal year 1968 and outstanding at any time shall be
added to the amount otherwise taken into account in determining whether the requirements of the above provisions are
met.
Part A. - Status Under Limitation January 31, 1971
(In millions of dollars)
The statutory debt limit established by the Second Liberty Bond Act, as amended
(31 U.S.C. 757b).................................................................................
Amounts outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as amended..............
Debt of U.S. Government agencies...............................................................
Participation certificates (12 U.S.C. 1717(c)).................................................
395,000
387,712
496
2,600
Total amount outstanding subject to statutory debt limitation...............................
390,809
Balance issuable under limitation................................................................
4,191
Part B. - Application of Statutory Limitation January 31, 1971
__________ (In millions of dollars)_____________________________
Classification
Public debt:
Interest-bearing debt:
Public issues — marketable:
Treasury bills.......................................................
Treasuiy notes.......................................................
Treasuiy bonds.......................................................
Total public issues — marketable.................................
Public issues — nonmarketable:
Certificates of indebtedness:
Foreign series.....................................................
Foreign currency series...........................................
Treasury notes:
Foreign series.....................................................
Foreign currency series..... ......................................
Treasuiy bonds:
Foreign series.....................................................
Treasury bonds......................................................
Treasuiy certificates...............................................
U.S. savings bonds..................................................
U.S. savings notes...................................................
U .S. retirement plan bonds..........................................
Depositary bonds.....................................................
Treasury bonds, R.E.A. series.......................................
Treasury bonds, investment series..............................
Total public issues — nonmarketable..............................
Special issues to Government agencies and trust funds................. .
Total interest-bearing debt.......................................
Matured debt on which interest has ceased.................................
Debt bearing no interest:
Special notes of the United States:
International Monetary Fund series....................................
Mortgage Guaranty Insurance Company Tax and Loss Bonds.................
U.S. savings stamps......................................................
Excess profits tax refund bonds.........................................
U.S. notes...............................................................
Deposits for retirement of national bank and Federal Reserve b&Tik notes.
Silver certificates......................................................
Other debt bearing no interest..........................................
Total
outstanding
87,918
101,228
58,522
247,667
1,446
150
2,457
1,2 16
24
150
619
51,928
669
45
25
8
2,369
61,106
77,713
386,487
334
825
17
51
1
323
75
219
11
Total debt bearing no interest........................................
1,520
Total public debt......................................................
368,341
Debt of U.S. Government agencies:
Interest-bearing debt....................................................
Matured debt on which interest has ceased...............................
496
Total debt of U.S. Government agencies................................
496
Total public debt and debt of U.S. Government agencies...............
388,837
Deduct debt not subject to limitation.....................................
Add participation certificates............................................
628
2,600
Total subject to limitation.........................................
390,809
Source: Daily Treasuiy statement.
*
Less than $500,000.
27
February 1971
FEDERAL DEBT
Table FD-10. - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(in millions of dollars)
Housing and Urban
Development Department
Agriculture Department
End of
fiscal year
or month
Total
Agency
for
Inter
national
Develop
ment 1/
Commodity
Credit
Corpo
ration
Secretary:
Farmers
Rural
Electri Home
fication Adminis
Adminis tration
tration
programs
2/
ExportImport
Bank of
Secretary
the
United v
States
n
2
3
4
5
6
7
8
9
0
28,634
29,166
29,241
28,354
26,964
24,611
27,040
28,164
30,651
1,062
807
735
712
689
662
638
544
512
12.990
13,599
13.990
13,111
11,768
10,097
11,989
12,115
12,262
3,484
3,657
3,828
4,075
4,234
4,518
4,770
5,045
5,328
854
1,027
1,170
1,235
1,436
1.415
1,454
1,583
1.416
1,830
1,476
830
513
178
362
720
1,586
1,567
2,005
2,302
2,753
3,133
2,670
1,937
1,570
2,261
1969-Dec..
30,248
531
12,350
5,145
1,654
1,268
1,980
1970-Jan..
Feb..
Mar..
Apr..
May..
June,
30,288
30,435
30,556
30,586
30,912
30,651
12,088
12,231
12,266
12,233
12,131
12,262
11,398
12,076
11,895
12,515
12,380
12,665
5,216
5.316
5.316
5.316
5,416
5,328
1,745
1,344
1,317
1,337
1,408
1,416
1,245
1,306
1,377
1,411
1,728
1,586
2,091
2,440
2,450
2,435
2,375
2,261
5.428
5.428
5.528
5.528
5,628
5,543
1,387
1,349
1,301
1,295
1,302
1,293
1,585
1,610
1,620
1,646
1,626
1,523
12,594
5,643
1,419
454
196
196
196
196
196
196
196
196
197
July
Aug.
Sept
Oct.
Nov.
Dec.
30,049
30,759
30,688
31,393
31,385
31,54-0
526
526
526
526
526
512
512
512
512
512
512
502
1971-Jan.
30,863
498
Govern
ment
National Other
Mortgage 6/
Assn. 5J
Source: Daily Treasury statement.
Note: These securities were issued to the Treasury in exchange for ad
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury. Further detail may be found in the 1969
Statistical Appendix to Annual Report of the Secretary of the Treasury,
pages 308-12, and the 1970 Combined Statement of Receipts, Expenditures
and Balances of the United States Government, pages 597-99.
1/ And predecessor agencies. Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other.”
2/ Farm housing and other loan programs, Agricultural Credit Insurance Fund
(formerly Farm Tenant Mortgage Insurance Fund), and Rural Housing Insur
ance Fund.
j/ Includes securities transferred from the Reconstruction Finance Corpo
ration.
k/ Consists of notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; public facil
ity loans; Low Rent Public Housing Fund; and advances for National
Flood Insurance Fund.
j>/ Consists of liabilities taken over by the Association from the
Transpor
tation
Dept.
Tenn
Saint
essee
Valley Lawrence
Author Seaway
Develop
ity
ment
Corp.
Veterans
Adminis
tration:
Direct
loan
program
Under
Defense
Produc
tion
Act
of 1950
Other
8/
U
10
25
10
15
10
50
85
95
100
100
100
100
100
121
123
123
124
125
125
129
133
133
1,530
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1,976
1,923
2,019
2,056
2,023
1,850
1,854
2,032
1,996
249
100
133
1.730
2,051
199
10
10
10
10
10
100
150
150
150
150
100
133
133
133
133
133
133
1.730
1.730
1.730
1.730
1.730
1.730
2.043
2.043
2.043
2.043
2,008
1,996
2,316
2,331
2,371
2.396
2.396
2,421
2,991
3,025
3,056
3,079
3,113
3,133
3,256
3,286
3,294
3,325
3,342
3,394
10
10
10
18
43
43
100
100
100
100
100
100
133
133
133
133
131
131
1.730
1.730
1.730
1.730
1.730
1.730
2,010
2,010
2,010
2,010
2,010
2,010
181
181
181
183
183
183
183
183
183
183
183
183
2,491
3,493
63
100
131
1.730
2,010
235
3,167
2,716
2,393
1,899
1,466
1,329
1,950
2,427
3,133
2,866
32
25
22
29
35
51
72
90
118
148
183
181
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721 (d) ) and also securities transferred from
the Reconstruction Finance Corporation.
6/ Public Housing Administration 1960-1963? Federal Housing Administration
beginning January 1966 j Housing Assistance Administration from September
1968 - December 1969.
2/ Consists of notes of: The Administrator, General Services Administra
tion, for defense materials procurement; the Secretary of Agriculture;
the Secretary of Interior (Defense Minerals Exploration Administration);
the Export-Import Bank of Washington through March 1962; and the
Secretary of the Treasury through May 1964.
8/ Consists of notes issued by the: United States Information Agency for
informational media guaranties (see footnote l); Secretary of Commerce
(Maritime Administration) for the Federal Ship Mortgage Insurance Fund,
fiscal years 1963-67; Virgin Islands Corporation from September 1959 September 1968; District of Columbia Commissioners for the Stadium
Sinking Fund beginning June 1962; Secretary of the Interior (Bureau of
Mines) for development and operation of helium properties beginning
May 1964; and Bureau of Commercial Fisheries for Federal Ship Mortgage
Insurance Fund, Fishing Vessels from January 1966 - May 1967; and
revenue bonds for Smithsonian Institution (John F. Kennedy Center
Parking Facilities) beginning July 1968.
T r e a s u r y Bulletin
28
PUBLIC DEBT OPERATIONS.
Table PDO-1. - Maturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury Bills
Outstanding January 31, 1971
( I n m illio n s o f d o lla rs )
Amount of m aturities
Year
D escription
of fin a l
m aturity
U .S . Govt,
accounts and A l l
Federal Re other
serve banks investors
To ta l
1/
1971
Feb....
Mar....
Apr....
May....
5-3/8$
7-3/4$
Note
Note
2/15/71-C
2/15/71-D
2-1/2$
221
152
2,288
2,772
217
265
Note
B ill
(Tax a n t.)
4/1/71-EA
4/22/71
35
2,261
303
Note
Note
5/15/71-A
5/15/71-E
4,265
4,176
1,895
736
2,370
3,440
6/22/71
2,515
218
2,297
1-1/2%
6.504)6
5-1/4%
-
B ill
(Tax a n t.)
35
1,958
Note
Bond
-
8/15/71-F
8/15/71
2,257
2,805
Oct....
•1/2%
Note
-
10/1/71-E0
72
Nov....
5-3/8%
3-7/8%
7-3/4%
Note
Bond
Note
11/15/71-B
11/15/71
11/15/71-G
1,734
2,760
10,743
545
7,642
3,101
42,792
13,439
29,353
2,006
2,344
3,375
445
334
251
1,561
T o ta l.
335
609
1,922
2,196
72
301
-
7-1/2$
-
2/15/72-A
2/15/72
2/15/72-C
Apr....
1-1/2$
Note
-
4/1/72-EA
34
Ma y....
4-3/4$
6-3/4$
Note
Note
-
5/L5/72-B
5/15/72-D
5,310
2,037
2,958
127
2,352
1,910
June....
2-1/2$
Bond
-
6/15/67-72
1,235
121
1,114
Band
-
8/15/72
2,579
565
2,014
2-1/2$
Bond
-
9/15/67-72
1,951
115
1,836
Oct....
Dec....
1-1/2$
Note
-
10/1/72-E0
33
2-1/2$
Bond
-
12/15/67-72
2,567
234
2,333
23,471
5,152
18,319
1-1/2$
Note
May....
7-3/4$
Note
5/15/73-A
5,842
2,644
3,198
Aug....
8-1/8$
4$
Note
Band
8/15/73-B
8/15/73
1,839
3,894
291
584
1,548
3,310
1-1/2$
Note
10/1/73-E0
30
4-1/8$
Band
4/l/73-EA
11/15/73
T o t a l..
1974
Feb....
34
12
4,345
478
3,867
15,984
3,997
11,987
181
586
2,541
2,960
-
2/15/74
2/15/74-C
3,127
3,141
Apr....
1-1/2$
Note
-
4/1/74-EA
34
May....
4-1/4$
7-1/4$
Bond
Note
3,581
4,507
612
-
5/15/74
5/15/74-D
893
2,969
3,614
Aug....
■5/8$
Note
-
8/15/74-B
10,284
5,501
4,783
Oct....
■1/2$
Note
-
10A/74-E0
42
Nov....
5-3/4$
3- ■7/8$
Note
Band
-
11/15/74-A
11/15/74
3,981
2,239
1,477
691
2,504
1,548
30,936
9,943
20,993
1,652
3,496
To ta l
1975
Feb....
5-3/4$
Note
2/15/75-A
5,148
Apr....
1-1/2$
Note
4/1/75-EA
8
12
6,101
5,827
2/15/76-A
3,739
2,857
882
2,697
716
1,981
Note
-
May.
6-1/2$
Note
-
5/15/76-B
Aug.
7-1/2$
Note
-
8/15/76-C
A u g ...
2,311
11,928
6-1/4$
1977
Feb.
4,449
4,194
1,463
2,731
10,630
5,036
5,594
8$
Note
-
2/15/77-A
5,163
2,793
2,370
7-3/4$
Note
-
8/15/77-B
2,263
623
1,640
T o t a l................................................
7,426
3,416
4,010
Feb.
4$
Bond
-
2/15/80
2,593
773
1,820
Nov.
3-1/2$
Bond
-
11/15/80
1280
1,904
707
1,197
T o t a l................................................
4,497
1,480
3,017
1983
June.
3-1/4$
Bond
6/15/78-83.
1,541
205
1,336
1985
May..
3-1/4$
4-1/4$
Bond
Bond
5/15/85
5/17/75-85
1,069
1,213
197
442
872
771
2,282
639
1,643
-
T o ta l.
1990
Feb.
3-1/2$
Bond
-
2/15/90
4,719
1,133
3,586
1992
Aug.
4-1/4$
Bond
-
8/15/87-92
3,808
1,208
2,600
1993
Feb.
4$
Bond
-
2/15/88-93
248
Bond
5/15/89-94
1,554
506
1,048
1995
F e b .... 3$
Band
2/15/95
1,245
152
1,093
1998
N ov.. . . 3-1/2$
Bond
11/15/98
3,985
892
3,093
30
Bond
Note
42
180
1994
32
Source:
D a ily Treasury statement and Office of Debt Analysis in the
Office o f the Secretary.
For issue date of each s e c u rity, see ’Market Quotations on Treasury
S e c u ritie s .11
1/
6,760
A ll
other
investors
34
4-1/8$
7-3/4$
_
5/15/75-B
10/1/75-E0
1976
Feb.
33
1973
Apr....
Nov.....
Note
Note
-
32
4$
-
6$
T o t a l...................
2,010
Aug....
T o t a l..
U .S . Gov t .
accounts and
Federal Re
serve banks
To ta l
O c t . . . . 1-1/2$
3,124
Sept....
Oct....
1975
M a y ....
1,433
2,215
Note
Band
Note
_
D escription
To ta l
8-1/4%
4%
4-3/4$.
4$
Held by
1/
2,252
Aug....
1972
Feb....
Tear
and
month
of f i n a l
m aturity
1,002
1,219
2,517
B ill
(Tax a n t.)
5.970%
2,509
2,924
3/15/66-71
3/22/71
6.452$
8%
June....
Amount of m aturities
Held by 2/ -
and
M a y .... 4-1/8$
8
2/
Beginning w ith February 1969 Treasury B u lle tin , the d e fin itio n of
U .S . Government accounts and a l l other investors is in conformity
w ith the u nified budget concept.
29
February 1971
PUBLIC DEBT OPERATIONS,
Table PDO-2. - Offerings of Treasury Bills
(Amount in millions of dollars)______________
Description of new issue
Issue date
Number of
days to
m aturity l /
Maturity
date
Regular weekly:
(
1
IPd, 26-yeekl
1990-Oct.
1
Oct.
f 1970-Dec.
31
Amount of bids accepted
Amount of
To ta l of
unmatured
issues outstanding after
new issues
bids
tendered
To ta l
amount
On competi
tiv e basis
91
182
2,453.3
2.485.6
1,800.9
1,400.7
1,463.1
1,191.5
337.8
209.1
-
1,806.6
1 , 301.2
23,426.2
34,455.6
91
-
1,800.5
1,305.0
23,427.8
34,552.6
-
1,803.3
1 , 300.8
1,801.7
1,302.5
23,426.9
34,656.0
23,426.5
34,754.7
-
1,801.1
1 , 301.2
23,425.7
34,854.4
On noncompeti
tiv e basis 2/
t 1971-Apr.
1
Jan.
Apr.
7
8
182
2.449.2
2.561.6
1,802.1
1 , 402.0
1,467.2
1,162.4
334.9
239.7
Jan.
Apr.
14
15
91
182
2.780.2
3.443.6
1,802.5
1,404.2
1,481.1
1,195.3
8
Amount
maturing on
issue date
of new
offering
In
exchange
2/
_
_
Oct.
22...... .
Jan.
Apr.
21
22
182
91
3.155.9
2.100.5
1,801.3
1,401.3
1,411.3
1,169.6
321.5
208.9
389.5
231.4
Oct.
29...... .
Jan.
Apr.
28
29
91
182
2.615.0
2.908.5
1,800.3
1,400.9
1,463.5
1,212.9
336.8
188.0
Nov.
5...... .
Feb.
May
4
6
182
91
3.230.0
2,448.0
1,829.7
1,402.4
1,490.0
1 , 201.1
339.7
201.3
-
1,810.9
1 , 301.0
23,444.5
34,955.8
Nov.
12...... .
Feb.
May
11
13
91
182
2.877.3
2.940.2
1,802.7
1,400.9
1,476.1
1 , 213.6
326.4
187.5
-
1,800.6
1,301.7
23,446.7
35,055.0
Nov.
19...... .
Feb.
May
18
20
91
182
2.940.1
3.272.1
l,8 0 1 .4 r
1,403.5
1,471.4
1 , 242.2
329.9
161.3
-
1,803.3
1,303.5
23,444.7r
35,155.0
Nov.
27......
Feb.
May
25
27
90
181
2.839.0
2.470.0
1,900.7
1,400.5
1,587.7
1,250.4
312.9
150.0
-
1,791.1
1 , 300.8
23,554.3r
35,254.7
Dec.
2V
Oct.
15
3.560.0
2, 104.8
1,831.9
272.9
182
3.527.4
2.319.7
1,903.4
1,398.6
1,626.6
1,270.2
276.8
128.4
91
182
2.840.9
2.069.3
l,9 0 1 .4 r
1 , 400.6
1,597.1
1,262.0
138.6
2.882.6
2.343.4
2.928.2
1,900.6
1 , 400.0
1,566.8
1,259.4
333.8
1,909.6
1,403.8
1,649.8
1,293.9
259.8
109.9
2,646.2
1,608.5
1,288.4
296.1
Variqus
Dec.
3 ......
Mar.
June
Dec.
10......
Mar.
June
4
3
11
10
17......
Mar.
June
18
17
91
182
24......
Mar.
June
25
24
91
182
31......
Apr.
Ju ly
1
1
91
7 ......
A pr.
8
8
Dec.
Dec.
Dec.
1971-Jan.
Jan.
July
Apr.
14.....#.
2.363.8
-
-
1,801.5
1,306.4
23,656.1
37,451.7 1/
-
1,804.7
1,302.9
23,752.9
37,549.5
-
1,801.4
1,302.7
23,852.2r
37,646.8
-
1,805.1
1 , 302.6
23,956.7
37,748.0
-
1,800.9
1,303.1
24,060.2r
37,846.9
1 , 802.1
1 , 611.7
y
24,260.5
37,636.9
2/
2/
24,461.5
37,439.6
2/
2/
24,662.3
37,239.7
2/
2/
24,863.7
37,038.7
2/
_
_
_
_
_
296.5
123.3
91
2,003.4
1,407.9
1,667.1
1,248.7
336.3
159.2
2, 002.2
311.0
123.8
263.0
_
98.4
182
1,400.9
1,691.2
1,277.1
91
182
2.946.8
2,343.3
2,001.7
1,400.4
1,738.7
1 , 302.0
1971-Mar.
-
1,705.9
1,278.4
2.995.8
2.443.8
29
29
-
2,002.4
1,401.7
91
Apr.
Ju ly
_
3.150.1
2.865.1
182
28 ......
_
91
22
22
Jan.
_
2.010.4
July
21......
140.6
_
182
3.209.9
2.944.7
Jan.
304.3
_
l,9 0 4 .4 r
1 , 402.0
15
15
Apr.
Ju ly
Tax anticipation:
1970- July
8 ......
91
-
182
113.6
4.741.8
2,516.6
2,254.5
262.0
23......
Apr.
22
22
257
July
273
4.734.8
2,261.2
2, 028.6
Oct.
21......
June
22
244
5.592.9
2,515.1
2,127.9
232.2
386.8
9-month and one-year:
1970-Jan.
31......
_
-
_
-
1,802.5
1,605.2
-
1,801.3
1,600.8
-
1,800.3
1,601.4
_
37,359.5
2/
-
-
2,516.6
-
-
4,777.8
-
-
7,292.9
1971-Jan.
31
365
1,697.9
1 , 003.0
866.5
136.5
333.2
1 , 000.2
1970-0ct.
31
271
1.344.3
501.8
474.9
26.9
200.8
500.5
4,505.0
1971-Feb.
28
365
1,884.0
1 , 200.1
1,096.0
104.1
258.6
12,819.2
1970-Nov.
30
273
1,228.0
500.1
476.8
23.3
Mar.
31......
Dec.
1971-Mar.
31
31
275
365
1.613.5
1.903.8
500.4
1 , 201.1
480.4
1,132.3
Apr.
30......
Jan.
Apr.
31
30
276
365
1,000.7
1.724.8
500.3
484.3
1,145.4
May
June
31......
1 ......
May
31
365
Feb.
28
272
June
30......
Mar.
June
31
30
July
31......
Apr.
Ju ly
Aug.
31......
May
Aug.
Sept.
12,619.4
150.4
20.0
_
1,000.4
500.2
68.7
-
500.8
1,000.5
4,504.5
13,019.7
500.2
4,504.7
13,219.1
16.0
-
54.5
-
4,504.9
2, 401.0
1 , 200.0
1 , 200.2
1,146.4
53.8
-
1 , 000.6
1 , 000.2
1.292.8
500.0
480.6
19.3
-
500.3
4,504.3
274
365
1.243.2
1.774.0
500.6
1,201.4
446.7
1,126.2
53.8
75.2
-
500.3
1,201.4
4,504.6
13,419.0
30
31
273
365
1.596.7
2.489.0
500.4
1,202.4
479.0
1,118.3
21.3
84.1
500.3
-
1 , 202.1
4,504.7
13,419.4
31
31
273
365
1.220.8
2.036.4
501.3
1,203.5
476.0
1,139.4
64.2
-
500.7
1,200.5
4,505.4
13,422.4
30......
June 30
Sept. 30
273
365
1,1£9.9
1.719.6
500.8
1,202.5
Oct.
31......
Oct.
31
365
2.006.3
Nov.
2 ......
J u ly
31
271
1.222.0
Nov.
30......
Aug.
Nov.
31
30
274
365
Dec.
31......
Sept. 30
Dec. 31
1971-Jai.
3 1 ......
1972-Jan.
Feb.
1 ......
1971-Oct.
Footnotes at end of Table PDO-3.
25.4
_
_
_
-
13,419.0
66.4
64.6
-
500.1
1,005.3
4,506.0
13,619.6
1,201.3
1 , 136.1
1 , 136.8
-
1,002.5
13,818.4
500.6
480.3
20.4
-
501.8
4,504.8
1,323.2
1.853.7
500.8
1,200.5
479.8
1,160.7
21.0
500.1
1 , 001.2
4,505.5
14,017.8
273
365
1.404.4
2,952.1
1 , 201.2
481.7
1,161.6
18.9
39.6
500.4
4,505.7
14,216.9
31
365
1.809.7
1,199.5
1,160.6
38.9
31
272
1.284.5
499.7
483.1
16.6
474.1
500.5
,
(Continued on following page)
26.7
39.8
_
-
_
-
1 , 002.1
1 , 003.0
14,413.3
-
500.3
4,505.1
-
2/
2/
2 ......
28......
2 ......
Feb.
Feb.
Mar.
2/
30
T r e a s u r y Bulletin
, PUBLIC DEBT OPERATIONS.
Table PDO-2. - Offerings of Treasury Bills - (Continued)
On total bids accepted
Equivalent average
rate 6/
Average price
per hundred
Issue date
[ 98.532
I 96.778
5.809
6.373
/ 98.477
\ 96.758
6.024
6.412
/ 98.476
196.853
/ 98.498
\ 96.902
J 98.526
6.029
6.224
5.943
6.129
5.830
6.117
\ 96.908
/ 98.571
1O
1Q
ryn
5.655
5.772
\ 97.082
/ 98.620
\ 97.142
/ 98.665
\ 97.267
f 98.810
^ 97.559
99.257
2 4 / ....
f
1
/
\
98.715
97.483
98.766
97.536
f 98.793
97.581
^ 98.805
97.591
T\_—
lArji T-M
QT
r7
Tovi
on
Tovi
od
Tax anticiDation:
1970-July
8 .......
^ 98.779
97.555
' 98.756
97.509
* 98.827
97.658
h 98.935
97.855
^ 98.938
97.859
95.394
95.068
^
98.504
96.930
98.539
96.911
96.886
6.160
6 .110
98.516
96.902
5.871
6.128
5.483
5.663
5.283
5.405
98.675 10/
97.282
5.242
5.376
98.657
97.265
4.759
4.855
98.829
97.599
4.684
98.797
97.546
4.695
5.083
4.979
99.303
4.775
4.402
5.313
5.410
4.812
4.881
99.240
4.800
98.725 11/
97.500
5.044
4.945
98.708
97.462
5.111
4.883
4.874
4.776
4.785
98.781
97.566
4.822
4.815
98.756
97.512
4.921
4.921
98.801
4.743
4.751
98.787
97.577
4.799
4.793
4.726
4.765
4.830
4.836
98.817
97.612
98.800 12/
97.590
98.779 12/
97.530 14/
4.886
98.798
97.574
98.762
97.524
98.747
97.500
4.755
4.799
4.898
4.898
4.921
4.927
4.680
4.724
4.747
4.767
4.830
4.640
4.633
98.839
97.678
4.593
4.593
98.823
97.655
4.214
4.243
98.952
97.896
4.146
98.926
97.838
4.249
4.276
4.236
4.201
98.948 15/
97.887 16/
98.930
97.845
4.233
4.263
; ' ' '6.452 ’
95.471 12/
6.344
.6.450
95.360
6.500
95.109 18/
96.001
95.048
6.530
5.900
95.934
5.999
92.421 12/
94.211
93.056
7.475
7.690
92.300
94.151
7.595
7.770
6.978
7.533
Feb.
28.......
7.724
6.932
Mar.
2.......
94.185
92.971
94.696
f 95.340
{ 93.783
97.598
4.162
4.162
4.180
6 .10 1
94.724 ^ 0/
95.427
6.849
6.957
5.986
93.866
6.050
/ 94.753
^ 93.091
6.843
6.814
94.844 21/
93.258 22/
6.725
92.622
7.277
92-.670 22/
7.230
94.U5
7.353
94.518 2 V
r 94.620
92.823
‘95.096
93.532
7.068
7.079
94.695 25/
92.923
7.256
6.970
6.980
6.467
95.120
6.435
^ 95.063
93.515
^ 95.270
93.698
93.844
95.368
98.494
6.069
6.231
5.958
98.614
97.137
92.362
31.,.....
5.982
6.191
5.918
6.073
5.780
96.870
98.457
96.746
98.466
96.850
5.891
6.397
6.104
6.436
5.412
5.618
2 .......
Oct.
98.488 8/
(Percent)
98.511
96.766
5.461
5.653
31.......
OT
5.724
6.322
5.910
6.369
5.665
5.780
Feb.
on
98.553
96.804 2/
98.506
96.780
Equivalent rate 6/
98.568
1970-Jan.
Tnv%a
Price per hundred
(Percent)
97.078
95.954
31.......
1 ....... .
Equivalent rate 6/
5.629
5.709
6.504
5.970
May
June
Low
98.577
97.114
98.632 2/
97.160
July
23.......
Oct.
21.......
9-Month and one-year:
An ct
Price per hundred
(Percent)
Regular weekly:
(13-week and 26k week)
Dec.
On competitive bids accepted
High
6.995
6.132
6.650
92.925
94.65$
95.326
93.694
94.637
92.908
92.599
94.407
94.604
92.766
5.020
4.957
4.945
4.656
4.638
7.044
6.119
6.220
6.995
6.995
7.300
7.403
7.090
7.135
95.080
93.522
6.488
6.364
6.396
95.087
93.564
6.479
6.348
95.040
93.476
6.237
6.215
6.072
95.313 £Z/
93.795
93.876, 28/
6.181
6.120
6.040
95.245
93.638
6.541
6.435
6.270
6.275
6.153
95.395
6.117
95.333
6.128
6.200
6.380
6.510
93.548 26/
93.787
6.389
M/w
on
r 96.131
94.921
5.084
5.010
96.168 22 /
94.981 iO/
5.035
4.950
96.115
94.831
5.104
5.098
Dec
31
" 96.247
95.046
4.949
4.894
4.869
4.180
96.224
95.039
4.979
4.893
95.645
96.752
4.295
4.219
1971-Jan.
Feb.
31........
1 .......
Footnotes at end of Table PDO-3.
95.693
4.249
96.289
95.063 11/
95.762
96.775
4.269
96.812 22j
4.886
4.299
F e b r ua ry 1971
31
.PUBLIC DEBT O PERATIO N S.
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills 1/
(Dollar amounts in millions)
Description of issue
Maturity
date
Issue
date
1968-July
Number of
days to
maturity
5.
July
Jl968-0ctober
\1969 -January
3
2
11968-October
LL969-January
10
9
Average: rate
of bids
accepted 2/
New money
increase, or
decrease (-)
(Percent)
$1,6 0 1
1,10 0
5.401
5.588
$100
91
2,637
1,996
1,602
1,10 2
5.368
5.410
101
91
2,625
2,476
1,6 0 1
1 ,1 0 1
5.467
5.557
91
2,869
2,365
1,6 0 1
1,10 0
5.293
5.367
91
2 ,620*
2,320
1,599
1 ,1 0 1
5.288
91
2,532
2,279
I, 600
4.906
1,103
5.100
91
2,405
2,285
1,600
1 ,1 0 1
5.083
5,273
91
2,283
2,034
1,602
1 ,1 0 1
5.123
5.219
102
92
i,io4
1,600
5.174
5.242
10k
1,602
1,10 3
5.196
5.249
10k
182
18 .
r1968 -October
11969-January
17
July
25.
/1968 -October
\i969-January
2k
23
182
/1968 -October
I1969-January
31
30
182
August
Amount
of bids
accepted
$2,119
1,981
90
18 1
July
16
Amount
of bids
tendered
182
5.192
100
August
8.
J1968-November
u .969 -February
7
6
182
August
15.
j1968 -November
U.969-February
14
13
182
J1968 -November
\i 969-February
21
20
182
29.
[1968 -November
[1969 -February
29
27
182
2,404
2,271
5.
(1968 -December
11969-March
5
91
2,493
6
182
2,709
September 12.
J1968 -December
h.969-March
12
13
91.
182
2,740
1,969
1,6 0 1
1,100
5.247
5.277
101
91
2,525
1,6 0 1
1,100
5.217
5.249
100
August
August
September
September 19.
/1968 -December
I1969-March
19
20
September 26 .
/1968 -December
\1969 -March
26
October
3.
October
182
2,262
102
}
99
91
2,843
27
182
2,030
i,6o4
1,102
5.150
5,230
106
January
April
2
3
91
2,338
1,6 0 1
182
1,830
1,101
5.182
5.284
101
January
April
9
10
182
91
2,105
1,866
5.276
5.363
102
91
2,994
2,294
1,6 0 1
1,10 3
1,802
6.999
101
92
1969 -November
6.
I1970 -February
May
5
7
182
November
13.
February
May
13
l4
2,779
2,593
1,800
182
1,204
7.157
7.435
November
20.
February
May
19
21
91
182
2,655
2,265
1,8 0 1
7.142
7.519
99
November
December
4 .........
December
December
December
January
January
January
22.........
January
29.........
2,733
3,392
1,201
8.028
7.477
102
March
June
5
4
91
182
2,867
2,152
1,800
1,200
7.452
7.613
96
March
June
March
June
March
June
12
11
19
18
91
182
91
182
2,380
1,800
7.701
7.803
7.920
7.921
26
25
2
2
90
181
90
181
April
July
February
i
April
July
May
August
June
September
118
8.095
8.101
93
7.960
7.991
7.837
7.783
2,775
2,264
109
102
7.788
7.663
106
7.890
7.776
100
100
91
182
2,573
1,958
1,801
1,301
91
182
2,458
2,192
1,801
1,302
91
182
2,986
2,832
1,798
1,301
6.813
6.974
6.868
6.773
6.877
6.729
91
182
3,051
2,685
1,803
1,303
6.837
6.707
104
91
182
1,804
1,302
6.264
6.184
96
March
June
September
June
September
25
24
Footnotes at end of table.
7.805
7.815
101
28
27
March
26.
1,809
1,209
1,802
1,202
91
182
91
182
June
September
March
2,441
1,872
91
182
16
16
23
23
30
30
1,200
1,801
1,201
1,804
1,207
1,802
1,205
1,802
1,204
1,801
1,200
91
182
99
2,097
2,666
2,176
2,426
2,216
2,720
2,514
2,876
3,159
3,160
2,532
9
9
4
3
11
10
18
17
March
114
90
181
April
July
April
July
8 .........
}
26
28
April
July
1970- January
1,200
7.281
1,8 0 1
February
May
28.
1,201
3,838
2,383
(Continued on following page)
102
98
32
T r e a s u r y Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills
1/
.
(Continued)
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
date
Issue
date
Amount
of bids
accepted
Amount
of bids
tendered
Average rate
of’
bids
accepted 2/
New money
increase, or
decrease (-)
(Percent)
2
1
91
182
$2,604
2,098
$1,800
1,301
6.329
6.392
1,802
1,305
1,802
1,301
6.408
6.455
6.310
6.247
6.476
6.494
6.876
7.253
7.184
7.493
•>
1
1970-Apry.
2 .........
1970- July
October
April
9 .........
July
October
9
8
91
182
1 6 .........
July
October
16
15
91
182
July
October
23
22
91
182
2,618
2,696
3,088
2,447
2,768
2,272
July
October
91
182
2,445
2,906
August
November
30
29
6
5
91
182
2,869
2,846
1,803
1,303
1,801
1,301
1,801
1,301
August
November
13
12
91
182
2,866
2,597
1,802
1,302
6.994
7.201
August
November
20
19
27
27
91
182
2,966
2,606
6.827
6.996
91
183
2,854
3,216
1,790
1,304
1,802
1,301
1,801
1,306
6.824
6.858
1,803
1,303
6.783
6.895
-
1,803
1,303
1,801
1.303
1,807
1.303
1,801
1,311
6.732
6.946
■
4
6.626
6.929
6.422
6.602
6.547
6.644
6.385
6.442
April
>
April
23.........
April
May
►
May
►
May
May
28.........
►
3
3
September 10
December 10
June
June
►
June
c
June
►
July
2 .........
►
July
9 .........
July
July
July
August
6 .........
August
August
August
September
2 .........
September 1 0.........
September
1 7 ......................
September 2 4.........
October
August
November
September
December
1 .........
1971*19701971*19701971*19701971*1970^1971*19701971*19701971*19701971*19701971*19701971*19701971*19701971*19701971r
91
182
91
182
2,743
2,809
3,002
2,211
September 17
December 17
91
182
3,064
2,115
September 24
December 24
October
1
December 31
October
8
January
7
October
15
Januaiy
14
October
22
Januaiy
21
91
182
2,838
2,412
91
182
91
182
2,357
2,659
2,381
2,170
91
182
2,916
2,873
7.133
7.356
6.643
6.657
1,801
1,303
6.511
6.6a
-
91
182
92
182
91
182
2,946
2,515
1,803
1,298
6.526
6.587
2,660
1,791
1,403
1,802
1,400
6.197
6.338
6.342
6.507
6.366
6.555
91
182
91
182
91
182
2,714
2,607
2,992
2,525
2,453
2,486
1,805
1,395
1,801
1,401
6.314
6.494
5.955
6.241
5.809
6.373
21
22
91
182
1,802
1,404
1,801
1,401
6.029
6.224
Januaiy
April
2,780
3,444
3,156
2,100
29 .........
January
April
28
29
91
182
1,800
1,401
5 .........
February
May
4
6
91
182
2,615
2,909
3,230
2,448
5.943
6.129
5.830
6.117
1,830
1,402
5.655
5.772
12.........
February
May
91
182
2,877
2,940
November
19 .........
91
182
2,940
3,272
November
27.........
February
May
25
27
90
181
2,839
2,470
1,803
1,401
1,801
1,403
1,901
1.400
5.461
5.653
February
May
11
13
18
20
November
Footnotes at end of table.
<
, .
(Continued on following page)
5.283
5.405
4.759
4.855
108
102
A
2,499
2,476
91
182
&
1
91
182
14
15
November
90
*
1,805
1,405
1,801
1,402
102
*
6.414
6.495
Januaiy
April
October
108
91
182
6.024
6.412
A
106
5
4
November 12
Februaiy 11
November 19
Februaiy 18
November 27
Februaiy 25
December
3
March
4
December 10
March
11
December 17
March
18
December 24
March
25
December 31
April
1
1,802
1,402
October
100
A
6.347
6.429
91
182
90
J
1,801
1,301
1,811
1,300
2,449
2,562
October
110
2,662
2,465
2,632
2,056
2,588
2,380
2,075
2,758
2,976
103
99
J
91
182
28
>
101
29
91
182
►
<
3,014
2,458
7
8
8 .........
98
91
182
Januaiy
April
October
102
1,803
1,305
1,802
1,300
October
Januaiy
November
February
$ 91
100
<
95
j
100
107
100
A
i
114
91
4
99
<
105
A
97
A
i
97
d
94
<
99
<
103
98
<
>
99
120
j
1
101
98
A
►
209
33
F e b r u a r y 1971
_______________________________ PUBLIC DEBT OPERATIONS
_________________________
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills
1/ -
(Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
1970-December
Number of
days to
maturity
Maturity
date
3 .........
' 1971-March
June
December 10*... A ......
December 17.........
K
December 24.........
*
December 31.........
March
June
March
June
March
June
April
July
Amount
of bids
tendered
4
3
11
10
91
182
$3,527
2,320
91
182
2,841
2,069
18
17
91
182
25
24
1
1
91
182
2,883
2,343
2,928
2,364
91
182
2,646
2,010
Source:
See Table PDO-2.
l/ Excludes issues of strips of additional amounts of outstanding
2/
r
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
$1,903
1,399
1,901
1,401
1,901
5.083
4.979
1,400
1,910
1,404
l,904r
1,402
4.883
4.874
4.776
4.785
4.726
4.765
4.830
4.836
New money
increase, or
decrease (-)
1L
\
*
*
*
«
#194
>
194r
1
197r
1
206
>
202r
regular weekly bills for cash on December 2, 1970 ($2,105 million),
Equivalent average rate on bank discount basis.
Revised.
Footnotes to Table PDO-2
Source: Daily Treasury statement; Bureau of the Public Debt.
1/ The 13-week bills represent additional issues of bills with an
original maturity of 26-weeks and the 9-month bills represent
additional issues of bills with an original maturity of one-year.
2/ For 13-week, 26-week, 9-month, and one-year issues, tenders for
$200,000 or less from any one bidder are accepted in full at
average prices of accepted competitive bids; for other issues, the
corresponding amount is stipulated in each offering announcement.
3/ Reports of exchanges of Treasury bills were discontinued effective
March 12, 1970.
4/ Additional amounts ($300,685,000) of seven series of outstanding
weekly bills issued in strip form for cash on December 2, 1970.
These bills mature at intervals of one week beginning January 7,
1971 and ending February 18, 1971 for each series respectively.
Includes strip bills issued December 2, 1970.
Bank discount basis.
Except $500,000 at 96.850 and $300,000 at 96.8 15 .
Except $10,000 at 98.522 and $200,000 at 98.503.
Except $300,000 at 98.701.
Except $780,000 at 98.688.
Except $300,000 at 98.742.
Except $20,000 at 98.8 13 .
%
i
%22/
%
§
§
22/
30/
m
32/
Except $400,000 at 98.799.
Except $900,000 at 97*538.
Except $465,000 at 98.960.
Except $5,000,000 at 97.924.
Except $1,000,000 at 95.502.
Except $3,000,000 at 95.147.
Except $1,000 at 92.593.
Except $10,000 at 96.096.
Except $320,000 at 94.902 and $280,000 at 94.863.
Except $10,000 at 93-500.
Except $10,000 at 93.250.
Except $1,010,000 at 94.537.
Except $800,000 at 94.714.
Except $190,000 at 93.567.
Except $1,060,000 at 95.340 and $70,000 at 95.336.
Except $1,000,000 at 93.905, $1,000,000 at 93.902, and $1,000,000
at 93.900.
Except $1,000,000 at 96.183 .
Except $480,000 at 95.002.
Except $800,000 at 95.073 and $500,000 at 95.070.
Except $200,000 at 97.655.
Revised.
T r e a s u r y Bulletin
34
.PUBLIC DEBT O PERATIO N S.
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip
tion books
opened or bill
tenders re
ceived
Issue
date
Description of securities l/
1/
7/2/68
7/11/68
„7/11/68
5.399$
5.426$
Bill
Bill
7/24/68
4/30/68
w 7/31/68
5.342$
5.310$
Bill
Bill
8/5/68
8/15/68
5-5/8$
Note
8/27/68
5/31/68
8/31/68
Bill
Bill
6/30/68
9/30/68
~ 10/1/68
5.245$
5.151$
5.202$
5.108$
1-1/2$
Bill
Bill
Note
10/17/68
10 / 24/68
5.178$
Bill
10 / 24/68
"7/31/68
10/31/68
5.446$
5.401$
5-5/8$
5-3/4$
Bill
Bill
9/24/68
10/
10/28/68
11/22/68
11/26/68
12/23/68
1/14/69
11/15/68
11/15/68
8/31/68
11/30/68
10 / 24/68
(
"9/30/68
12/31/68
10/ 24/68
1/28/69
10/31/68
^ 1/31/69
2/3/69
2/15/69
2/15/69
11/30/68
2/28/69
2/20/69
2/25/69
3/26/69
10/
4/24/69
5/5/69
5/27/69
6/24/69
5.693$
5.567$
Note
Note
Bill
Bill
5.489$
Bill
6.483$
6.412$
Bill
Bill
6/23/69 ■ Tax ant. j>/
7/31/69 ■Reopening
10/31/69
5/15/70-B
v
ll/15/74-A ■Reopening
273d
365d
1,841
2,945
28,368 2 /
6y
273d
365d
1,343
2,041
_
501
1,001
-
30
242d
6,951
1,318
1,990
-
_
1-1/2$
2/28/69
5/31/69
* 3/31/69
6/30/69
6-3/8$
6-1/2$
Bill
Bill
Note
Note
1/31/70 •■Reopening
4/30/70
8/15/70-D
6/
5/15/76-B
6.307$
6.270$
7.387$
7.342$
Bill
Bill
Bill
Bill
■Reopening
2/28/70 ■
5/31/70
■Reopening
3/31/70 ■
6/30/70
5.976$
5.930$
7/24/69
f 4/30/69
^ 7/31/69
7.407$
7.313$
8/4/69
8/20/69
8/15/69
7-3/4$
5.543$
Bill
Bill
Bill
Bill
Note
Bill
f 5/31/69
\ 8/31/69
7.387$
7.340$
/ 6/30/69
^9/30/69
r 10/1/69
{ 10/1/69
1 10/1/69
7.357$
7.350$
Bill
Bill
Bill
Bill
8$
7-3/4$
7-1/2$
Note
Note
Note
10/1/69
12/22/69
3/23/70
4/30/70
7/31/70
2/15/71-D
"Strip”of
series
5/31/70
8/31/70
-
1,759
500
1,000
-
-
8,764
3,739
_
1,002
-
55.5d
(Average)
3,186
-
1,803
-
275d
365d
1,570
1,760
_
501
1,001
-
34
1,428
1,878
-
500
1,001
-
2,329
2,697
-
1,438
1,814
1,177
2,417
3,390
3,386
-
500
1,000
501
1,201
-
-
1,763
1,752
-
_
500
1,202
-
2,924
-
2,924
_
_
3m
274d
365d
157d
248d
273d
365d
XL/
■
• Reopening
6/30/70 •• Reopening
9/30/70
5/15/71-E
5/15/73-A
8/15/76-C
6/
8,764*\ -|p/
3,739/^
-
_
271d
365d
ly
2,001
-
•• Tax ant. j>/
-• Tax ant. j>/
■
• Reopening
6/
-
500
1,000
276d
365d
11
505
1,001
6m
1,610
2,204
-
-
45 .0d
(Average)
271d
365d
3,751
1,312
1,982
-
2,121
500
1,201
273d
365d
1,258
1,950
-
500
1,005
-
4,176
1,160
1,683
ly 7im
3y 7fm
6y lOjm
-
_
_
2,329*1
2,697j
/
100
16/
100
4,176\
1,160 >18/
1,683/
100
_
_
:
1-1/2$
Note
-
42
-
42
10/14/69
7.284$
Bill
4/22/70 ■
■Tax ant. jj/
190d
3,180
-
2,007
-
10/23/69
10/29/69
7.204$
Bill
6/22/70 •■Tax ant. j>/
236d
4,262
-
-
10/28/69
f 7/31/69
^10/31/69
7.244$
7.127$
Bill
Bill
273d
365d
1,213
2,291
-
3,004
500
1,003
✓10/14/69
7.814$
Bill
147d
2,494
VJLO/29/69
7.975$
Bill
208d
2,914
-
1,504
-
11/21/69
10/1/74-E0
7/31/70 ■
■Reopening
10/31/70
• Reopening
4/22/70 ■
Tax ant. jj/
• Reopening
6/22/70 ■
Tax ant. j>/
5y
-
1,007
11/25/69
r 8/31/69
11/30/69
7.777$ Bill
7.591$ Bill
■Reopening
8/31/70 ■
11/30/70
273d
365d
1,522
2,249
-
501
1,001
-
12/23/69
^9/30/69
< 12/31/69
7.801$ Bill
7.561$ Bill
9/30/70 •■Reopening
273d
12/31/70
365d
(Continued on following page)
1,003
1,645
_
500
1,002
-
Footnotes at end of table.
100
34
10/8/69
w
100
7j793W
2,329J ^
1,310
1,840
5y
ly
7y
-
1,324
1,464
2,962
■Reopening
12/31/69 ■
3/31/70
4/1/74-EA
7,793
2,329
-
273d
365d
14 /
^ 4/1/69
"1/31/69
4/30/69
5/15/69
5/15/69
-
154d
"Strip" of 1
series
Bill
Bill
Note
502
1,002
-
12 /
6.059$
6.132$
-
500
999
119.4cL
(Average)
/12/31/68
^ 3/31/69
30
-
"Strip" of
series
Bill
3,010
1,254
1,795
5,028
275d
365d
2/
_
273d
365d
Bill
■Reopening
11/30/69 ■
2/28/70
8/
-
-
3m
Allot
ment
ratio
_
4,870
1,337
1,973
4,379
5.907$
ly
7y
A/
272d
365d
203d
5/15/70-C
2/15/76-A
K
y
-
6m
In exchange
(in million s of dollars )
2,015
2,003
500
1,001
1,599
2,592
273d
365d
8/31/69 ■Reopening
11/30/69
6/23/69 ■ Tax ant. 5/
(Reopening)
9/30/69 ■ Reopening
12/31/69
6/23/69 ■.Tax ant. 5/
(ReopeningJ
10/31/69 • Reopening
1/31/70
For
cash
270d
365d
5y
ly
6y
Exchange
Amount issued 3 /
5,414
501
1,000
Bill
Bill
Note
Note
Bill
Bill
6.775$
7.202$
9/22/69
6/
5/31/69 ■ Reopening
8/31/69
6/30/69 ■ Reopening
9/30/69
10/1/73-E0
Cash
4,210
4,026
Bill
~ 7/18/69
7/18/69
9/23/69
8/15/74-B
Amount of subscriptions tendered
256d
285d
5.940$
7/9/69
7/11/69
8/26/69
3/24/69 • Tax ant. j>/
4/22/69 ■ Tax ant. j>/
4/30/69 • Reopening
7/31/69
6.195$
6.144$
6-3/8$
6-1/4$
6.307$
6.235$
5.030$
3/25/69
Period to final
maturity
(years, months,
days) 2/
35
February 1971
PUBLIC DEBT OPERATIONS
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or bill
tenders received
Issue
date
Description of securities 1/
f 10/31/69
1/31/70
7.724% Bill
7.533% Bill
-
10/31/70
1/31/71
f 2/15/70
< 2/15/70
^ 2/15/70
8-1/4% Note
8-1/8% Note;
8%
Note?
-
8/15/71-F
8/15/73-B
2/15/77-A
2/24/70
f 11/30/69
1 2/28/70
6.995% Bill
6.932% Bill
-
11/30/70
2/28/71
2/25/70
10/14/69
6.549% Bill
-
4/22/70
-
3A 9/ 7 0
3/26/70
6.177% Bill
-
9/22/70
-
3/24/70
f 12/31/69
^ 3/31/70
6.101% Bill
6.132% Bill
-
12/31/70
3/31/71
4/1/70
1-1/2% Note
-
4/1/75-EA
f 1/31/70
6.843% Bill
6.814% Bill
-
1/31/71
4/30/71
5/15/70
7-3/4% Note
8%
Note
-
5/15/73-A
2/15/77-A
5/15/70
7-3/4% Note
- 11/15/71-G
[ 2/28/70
7.353% Bill
7.277% Bill
-
6/30/70
7.068% Bill
7.079% Bill
7/8/70
1/27/70
2/2/70-
10/
4/23/70
5/4/70
4/30/70
f 5/15/70
^
5/5/70
5/26/70
6/23/70
7/2/70
7/16/70
7/23/70
8/5/70
8/5/70
8/25/70
9/24/70
10/
10/15/70
10/23/70
10/27/70
11/5/70
11/24/70
^
5/31/70
f 3/31/70
^
1/21/71
1/26/71
-
Reopening
271d
365d
6m
6m
500
1,200
-
Reopening
Tax ant. 5/
50d
3,404
-
1,753
-
Tax ant. £/
I80d
5,627
-
1,758
-
275d
365d
1,614
1,904
-
500
1,201
_
-
8
-
8
1,001
1,725
-
500
1,200
-
- Reopening
5y
- Reopening
276d
365d
- Reopening 6/ 3y
Reopening
6y
6m
3,679
7,064
-
500
1,200
_
Reopening #
274d
365d
1,243
1,774
-
501
1,201
_
-
Tax ant. J5/
257d
4,741
-
2,516
-
Tax ant. 5/
273d
4,755
-
2,261
-
273d
365d
1,597
2,489
-
500
1,202
-
3/31/71
6/30/71
-
6.452% Bill
-
3/22/71
10,743
-
4/30/71
7/31/71
- Reopening
f 8/15/70
7-3/4% Note
7-3/4% Note
-
2/15/74-C
8/15/77-B
3y
7y
6m
&
8/17/70
7-1/2% Note
-
2/15/72-C
6/
ly
6m
f 5/31/70
^ 8/31/70
6.510% Bill
6.396% Bill
-
5/31/71
8/31/71
-
Reopening
273d
365d
f 6/30/70
^ 9/30/70
6.237% Bill
6.216% Bill
-
6/30/71
9/30/71
-
Reopening
273d
365d
10/1/70
1-1/2% Note
- 10/1/75-E0
10/21/70
5.97Ofo Bill
-
6/22/71
7-1/4% Note
7-1/2% Note
-
5/15/74-D
8/15/76-C
f 7/31/70
1^10/31/70
6.153% Bill
6.072% Bill
-
7/31/71
10/31/71
11/16/70
6-3/4% Note
-
5/15/72-D
f 8/31/70
5.084% Bill
5.010% Bill
-
8/31/71
11/30/71
4.695% Bill
-
"Strip" of 7
series
9/30/71
12/31/71
^ 2/15/71
-
8/15/75-C
2/15/78-A
f 10/31/70
^ 1/31/71
4.269J5 Bill
4.249% Bill
-
10/31/71
1/31/72
f 2/15/71
Footnotes on following page.
-
Tax ant. £/
-
Reopening
27/
(Average)
Reopening
4y
190p
1,221
2,036
-
501
1,204
-
1,170
1,721
_
501
1,202
-
-
12
-
12
-
2,515
5,593
Reopening
-
-
5,254p
-
2,038p
-
274d
365d
1,323
1,854
-
501
1,200
-
57d
3,560
-
2,105
-
273d
365d
1,404
2,952
-
501
1,201
-
272d
365d
1,285
1,810
7,680pi
8,382p
-
500
1,199
100
21/
100
22/
-
501
1,201
6m
100
4,5.08pl
2,51 IpJ[25/
-
7y
■
4,50%)
2,51 Ip
8/
3,141pl[22/
2,264pj
1,222
2,006
6m
Reopening
3,184p
271d
365d
ly
6/
-
6m
9m
3,141p
2,264p
-
I8,8l9p u
244d
3y
Reopening &/ 5y
V
-
5y
f 11/15/70
5-7/8% Note
6-1/4% Note
4,68lp1
[20/
3,307pj
-
-
-
-
2,257 ^
1,839 />12/
1,-856 J
1,293
2,401
ly
- Reopening
4.949% Bill
4.886% Bill
-
272d
365d
6/
2/28/71
5/31/71
4/22/71
^12/31/70
4,68lp
3,307p
-
9m
-
f 9/30/70
-
-
-
\^ll/30/70
(In millions of dollars)
502
1,003
1,344
1,698
Allot
ment
ratio
In exchange
V
1,228
1,884
6.540% Bill
^11/15/70
For
cash
273d
365d
- Reopening
6.467% Bill
6.380% Bill
\ 8/15/70
Exchange
Cash
Amount issued 2/
2,257
1,839
1,856
7/23/70
7/31/70
Amount of subscnptions tendered
-
ly
3y
f 4/30/70
11/25/70
12/23/70
Period to final
maturitv
(years, months,
days) 2/
7,680p^^28/
8,382pj
-
26/
100
T r e a s u r y Bulletin
36
.P U B L IC DEBT OPERATIONS
Footnotes to Table PDO-4
Source:
Bureau of the Public Debt.
1/
For bill issues, always sold at auction the rate shown is the equiv
alent average rate (bank discount basis) on accepted bids. Other
securities issued at par except those bearing footnote 6 . For details
of bill offerings, see Table PDO-2.
2/
From date of additional issue in case of a reopening.
2/ In reopenings, the amount issued is in addition to the amount of
original offering.
y
For securities exchanged for the new issues, see Table PDO-7.
2/ Tax anticipation bill, acceptable at face value in payment of income
taxes due on the 15th of the month in which the bills mature.
6/ Price at which issued appears in Table PDO-5.
2/
Payment for subscriptions allotted could be made in cash or in
Treasuiy bonds or notes, maturing on the issue date of the new security.
8/
Consists of allotments paid for with Treasuiy bonds or notes maturing
on issue date of new security.
2/
As provided in the offering circular subscriptions were allotted in
full (1) for States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds,
international organizations in which the United States holds member
ship and foreign central banks and foreign states where the subscriber certified that it owned securities maturing August 15, 1968,
these totaled $123 million, (2) for Federal Reserve banks and Government accounts, these totaled $4 ,8 11 million, and (3 ) those for
$250,000 or less. All other subscriptions were allotted 18 percent
but in no case less than $250,000.
10/
Exchange offering available to owners of nonmarketable 2-3/4$ Treasuiy
bonds, Investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasuiy Bulletin for April
1951, page A-l. Amounts shown are as of January 31, 1971.
11/
Includes $5,336 million of the 5-5/8$ notes and $1,043 million of the
5-3/4$ notes allotted to Federal Reserve banks and Government accounts.
12/
Includes $6,105 million of the 6-3/8$ notes and $2,833 million of the
6-1/4$ notes allotted to Federal Reserve banks and Government accounts.
13/
Sale of a "strip" of Treasuiy bills consisting of an additional $200
million of series maturing on April 30, May 31, June 30, July 31, and
August 31, 1969.
U/
Sale of a "strip”of Treasuiy bills consisting of an additional $300
million of series maturing on May 8 , May 15, May 22, May 29, June 5,
and June 12, 1969.
±%/
2.6/
17 /
18/
19/
20/
21 /
22/
23/
24/
25/
26/
27/
28/
P
Includes $261 million of the 6-3/8$ notes and $473 million of the 6-1/2$
notes allotted to Federal Reserve banks and Government accounts.
Includes $125 million allotted to Federal Reserve banks and Government
accounts.
Sale of a "strip" of Treasuiy bills consisting of an additional $303
million of series maturing on September 18 and 25, and October 2, 9,
16, 23, and 30, 1969.
Includes $565 million of the 8$ notes, $125 million of the 7-3/4$
notes, and $564 million of the 7-1/2$ notes, allotted to Federal
Reserve banks and Government accounts.
Includes $292 million of the 8-1/4$ notes, $288 million of the 8-1/8$
notes, and $458 million of the 8$ notes, allotted to Federal Reserve
banks and Government accounts.
Includes $2,421 million of the 7-3/4$ notes and $2,125 million of the
8$ notes allotted to Federal Reserve banks and Government accounts.
All subscriptions were allotted in full. Subscriptions for Government
accounts and Federal Reserve banks totaled $7,005 million.
Includes $151 million of the 2/15/74-C notes and $479 million of the
8/15/77-B notes allotted to Federal Reserve banks and Government
accounts.
This is amount of bonds and notes maturing August 15, 1970 exchanged
by Federal Reserve banks and Government accounts.
Subscriptions from the public for $200^000 or less were allotted in
full and those above that amount were allotted 9-1/2$ but not less
than $200,000.
Includes $842 million of the 7-1/4$ notes and $811 million of the 7-1/2$
notes allotted to Federal Reserve banks and Government accounts.
Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 100.93 (yield 6.09$) down to 100.69 (yield 6.26$).
Sale of a "strip" of Treasuiy bills consisting of an additional $301
million of series maturing on Januaiy 7, 14, 21, and 28, and Februaiy
4, 11, and 18, 1971.
Includes $2,319 million of the 5-7/8$ notes and $2,722 million of
the 6-l/k% notes allotted to Federal Reserve banks and Government
accounts.
Preliminary.
37
F e b r u a r y 1971
.PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
Date of
financing
Description of securities
>unt issued
l millions)
Average price
per hundred
Effective
interest
rate
Eligible securities exchanged
1971
5-3/8$
Note
2/15/71-C
8/30/67
$2,509
$99.92
Note
2/15/71-D
8/15/69
2,924
99.90
5.40$
7.82
1/
7-3/4$
6%
Note
8/15/66
517
584
586
100.10
100.35
100.55
5.23
5.17
5.12
4-3/4%
4%
Cert.
Note
Bond
_
_
-
ll/15/66-A
ll/15/66-E
11/15/66
99.50
99.50
99.50
3.94
3.94
3.94
3%
Cert.
Note
Band
_
-
5/15/62-A
5/15/62-E
6/15/62
99.50
99.50
3.94
3.94
Series F & G savings bands
1/
99.95
99.95
99.95
7.79
7.79
7.79
1/ ,
5-5/8%
6-3/8%
Note
Note
-
5/L5/70-B
5/15/70-C
1,777
54
174
2,006
99.625
99.625
99.625
4.84
4.84
4,84
1/
3-5/8%
4%
Note
Note
-
2/15/67-B
2/15/67-C
lOp
180p
3,184p
3,374p
99.95
99.95
99.95
7.54
7.54
7.54
6-3/8%
4%
1/
Note
Bond
_
-
8/15/70-D
8/15/70
446
308
837
213
100.10
99.70
100.15
99.80
4.73
4.82
4.72
4.80
2-1/2%
5-1/4%
3-3/4%
4-7/8%
Bond
Cert.
Note
Note
_
-
6/15/67
8/15/67-A
8/15/67-A
8/15/67-E
1,804
2,038p
99.76
6.21
1/
3,497p
l,l85p
99.40
99.40
7.93
7.93
5-5/8%
6-3/8%
Note
Note
-
5/15/70-B
5/15/70-C
732
1,329
2,062
100.25
100.25
4.22
4.22
4-5/8%
3-7/8%
Note
Note
.
-
5/15/65-A
5/15/65-C
5,414
4,442
428
99.62
99.62
99.62
5.70
5.70
5.70
1/
4-1/4%
3-3/4%
Note
Bond
-
8/15/68-C
8/15/68
99.00
3.97
2-1/2%
Bond
-
11/15/61
5-1/4$
Note
5/15/71-A
3-3/8%
8/15/69-C
1,687
5/15/62
3-7/8$
Bond
465
284
455
{'
11/15/71 2/
1,204
41
*
12/15/62
7-3/4$
Note
41
3,679p
909p
6,156p
5/15/70
11/15/71-G
4%
2-1/456
10,743p
1972
4-3/4$
Note
2A5/72-A
2/15/67
7-1/2$
Note
2/15/72-C
8/17/70
4-3/4$
Note
5/15/72-B
5/15/67
6-3/4$
1973
7-3/4$
Note
5/15/72-D
11/16/70
Note
11/15/73-A 2/
f
(
5/15/70
{.
1974
4-1/4$
Bond
5/15/74
5/15/65
5-5/8$
Note
8/15/74-B
8/15/68
3-'
Bond
11/15/74
2/
11/15/61
1975
5-3/4$
Note
2/l5/75-A
2/15/68
1976
6-1/4$
Note
2/15/76-A
2/15/69
4,68lp
{
10,284
517
507
1,107
929
433
2,977
99.40
99.15
99.85
98.85
5.73
5.73
5.73
5.72
4-1/4%
3-3/4%
5-1/4%
3-7/8%
Note
Bond
Note
Bond
-
3,037
702
99.75
99.75
6.29
6.29
5-5/8%
4%
Note
Bond
-
3,739
Footnotes at end of table.
_
(Continued on following page)
_
8/15/68-C
8/15/68
11/15/68-D
11/15/68
2/15/69-A
2/15/69
38
T r e a s u r y Bulletin
.PUBLIC DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations - (Continued)
Description of securities
1976
Date of
financing
(
f 10/1/69
7-1/2$ Note
8/15/76-C
Average price
per hundred
Effective
interest
rate
$99.50
99.50
99.50
7.61$
7.61
7.61
1-1/2$ Note 4$
Bond 2-1/2$ Bond -
1,683
2,511p
100.50
7.48
5$
Note -
ll/15/70-A
752p
l,512p
99.75
99.75
7.80
7.80
6-3/8$ Note 4$
Bond -
8/15/70-D
8/15/70
99.00
99.50
99.50
4.07
4.04
4.04
1/
1/
1,135
100.50
3.22
1/
(
*
I
360
101.00
101.00
101.00
4.19
4.19
4.19
4%
Note 3-1/4% Note -
V
Amount issued
(In millions)
r
\
b-i/15/70
1977
7-3/4$ Note
8/15/77-B
8/15/70
$2
1,109
V.
571
r
I
L
Eligible securities exchanged
10/1/69-E0
10/1/69
12/15/64-69 2 /
2,264p
1980
4$
Bond
2/15/80 2/
r 1 / 23/59
|12/l5/62
,
{
W
884
34
*
Series F & G savings bonds
34
1985
3-1/4$ Bond
1987
4-1/4$ Bond
5/15/85
6/3/58
8/15/87-92 2/
8/15/62
365
1988
4$
Bond
2/15/88-93
1/17/63
250
99.85
4.01
1/
4-1/8$ Bond
5/15/89-94
4/18/63
300
100.55
4.09
1/
1989
l/
2/
2jJ
Issued for cash.
Additional issue.
To adjust for market value of bonds, subscribers were paid $2.20 per
*
p
$1,000 face value exchanged.
Less than $500,000.
Preliminary.
8/15/62-B
8/15/62-G
F e b r u a r y 1971
39
.PUBLIC DEBT O PERATIO N S.
Table PDO-6.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Treasury Bills 1 /
(In million of dollars)
Allotments by investor classes
Issues
Date of
financ
ing
8/15/68
in/??
M
xu/ <£«?//00
2/15/69
Description of securities
5-5/8$
Note -
f5-5/8% Note
\5-3/5#
Amount issued
In
exchange
for
For
cash other
securi
ties
8/15/74-B 8/ 5,414
5/15/70-B Q/
Note - 11/15/74-A 2/
_
(6-3/8# Note _
(6-1/4# Note -
5/15/70-C
2/15/76-A
f6-3/8% Note
_
_
-
U.S. Gov
ernment
accounts
and
Federal
Reserve
Banks 2/
Commer
cial
banks
y
Indi
vidu
als
V
Insur Mutual
sav
ance
compa ings
nies
banks
State and local
Private
governments 6/
Corpo pension
rations and re Pension
and re
tirement
Other
5/
tire
fund
funds
ment
funds
330
21
158
55
Dealers
and
brokers
All
other
2/
4,870
4,811
2,474
434
83
180
974
764
7,793
2,329
5,336
1,043
1,351
786
128
23
71
25
14
11
61
180
17
1
55
9
154
24
243
180
364
47
8,764
3,739
6,188
2,833
1,435
551
199
53
51
12
53
7
101
12
31
13
3
2
253
11
147
159
303
87
K/•±3/0?
}tz/£Q
J/
Note -
8/15/70-D
5/15/76-B
_
\6-l/2#
-
2,329
2,697
264
473
1,215
1,245
95
39
24
41
22
28
89
159
3
4
1
2
160
49
174
570
282
87
8/15/69
7-3/4#
Note -
2/l 5/71-D
-
2,924
125
1,438
301
38
52
62
31
6
150
537
184
10/1/69
j§#
<7-3/42
V-l/2#
Note
Note Note -
5/15/71-E
5/15/73-A
8/15/76-C
_
4,176
1,160
1,683
564
125
564
2,111
660
476
217
87
96
65
23
29
42
8
8
254
12
31
15
4
8
11
3
11
276
37
24
240
136
380
381
65
56
2/15/70
<8-1/8% Note - 8/15/73-B
2,257p
l,839p
l,856p
292
288
458
1,175
942
746
85
51
48
47
17
38
20
17
14
169
76
47
7
3
6
6
2
13
125
97
77
86
241
345
245
105
64
7,064p
4,68lp
3,307p
7,005
2,421
2,125
2,352
1,442
819
391
171
53
7
23
7
15
28
19
34
33
6
8
6
10
1
1
2
297
90
55
270
157
146
363
309
65
3,141p
2,262p
150
479
1,929
967
166
74
38
29
38
22
62
35
6
20
2
6
167
47
335
513
248
70
190p
190
1,664
656
13
43
78
18
3
110
269
318
4,511p
2,512p
83 8
811
2,481
1,033
292
94
44
24
37
10
61
4.0
13
7
4
2
193
22
343
392
205
77
1,593
119
2
4
11
3
*
4
198
104
_
(8-1/456 Note
\8%
_
_
Note -
8/15/71-F
2/15/77-A
_
-
5/15/70
3,679p
17-3/4# Note _ 11/15/71-G
<7-3/4# Note - 5/15/73-A 2/
Note - 2/15/77-A 2/
\8#
-
8/i 5/70
(7-3/4#
8/17/70
ll/l5/70
1 1 A 6/70
Note
2/15/74-C
\j-3/A% Note - 8/15/77-B
7-1/2% Note - 2/15/72-C
/7-1/4# Note _
(7-1/2# Note 6-3/4#
Note
5/15/74-D Q/
8/15/76-C ZJ
5/15/72-D
_
3,172p
_
2,038p
Source: Based on subscription and allotment reports. For detail of
offerings see Table PD0-4.
1/ Excludes l-l/2$ Treasury notes issued in exchange to holders of nortmarketable 2-3/4$ Treasury bonds, Investment Series B-1975-80.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/ Includes trust companies and stock savings banks.
ij Includes partnerships and personal trust accounts.
j>/ Exclusive of banks and insurance companies.
6/ Consists of trust, sinking, and investment funds of State and local
governments and their agencies.
2/ Includes savings and loan associations, nonprofit institutions, and
investments of foreign balances and international accounts in this
country. Also included are certain Government deposit accounts and
Government-sponsored agencies.
8/ Offerings subject to allotment, were made for the purpose of paying
off maturing securities in cash. Holders of the maturing securities
were not offered preemptive rights to exchange their holdings but
were permitted to present them in payment of exchange, in whole or
in part, for the new issues.
2 / Reopening of earlier issue.
*
Less than $500,000.
p
Preliminary.
40
T r e a s u r y Bulletin
___________________________________________ PUBLIC DEBT OPERATIONS____________________________________________
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series
(in millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
(Percent)
5.342
5.310
One-year
series
7/31/68
/ 4/30/69
{ 7/31/69
8/31/68
' 5/31/69
8/31/69
5.245
5.151
1,000
9/30/68
”6/30/69
9/30/69
5.202
5.108
1,001
10/24/68
6/23/6?
5.178
1,001
Tax antici
pation
series
U.S. Govern
ment accounts
and Federal
Reserve
Banks 2/
Other
series
5.446
5.401
1,002
11/30/68
f 8/31/69
^11/30/69
5.693
5.567
1,001
12/2/68
6/23/69
5.489
12/31/68
f 9/30/69
^12/31/69
6.483
6.412
1/20/69
6/23/69
5.940
1/31/69
flO/31/69
1/31/70
6.195
6.144
1,000
2/28/69
Tll/30/69
2/28/70
6.307
6.235
1,000
3/3/69
y
5.907
235
208
14
141
501
116
23
124
335
11
24
208
230
42
388
501
113
260
203
211
11
22
146
378
28
130
-
2,979
3
*
28
502
150
250
227
94
*
5
106
512
19
141
505
140
240
182
318
1
7
174
341
8
95
-
1,995
-
-
6
101
200
200
300
#
11
179
372
20
116
-
1,755
2
*
2
500
170
264
229
378
1
30
62
183
38
145
500
200
222
201
309
2
25
75
359
22
86
-
889
1
#
112
501
174
280
72
299
1
36
212
232
42
154
500
170
300
188
177
#
23
123
323
19
178
500
178
282
137
217
11
10
140
341
34
150
151
244
*
6
214
554
13
105
-
1,733
1,722
1
3
*
*
29
27
150
367
171
349
1
12
168
391
10
83
180
348
190
427
12
7
97
309
21
110
75
350
139
322
1
8
266
190
19
135
1,759 3/
1,002
1,001
4/30/69
r 1 /31/70
^ 4/ 30/70
5.976
5.930
1,001
5/31/69
f 2/28/70
5/31/70
6.307
6.270
1,000
6/30/69
f 3/31/70
\ 6/30/70
7.387
7.342
1,201
7/18/69
ri2/22/69
3/23/70
6.775
7.202
7/31/69
4/30/70
v 7/31/70
7.407
7.313
1,202
1,201
1,005
All
other jJ
1
71
500
6.059
6.132
Dealers
and
brokers
90
301
999
f i 2/ 31/69
3/ 31/70
Corpo
rations
1/
160
280
2,001 i/
3/31/69
Commer
cial
banks
500
3,010
f 7/31/69
1^10/31/69
10/31/68
9-month
series
1/
Allotments by investor classes
122
292
500
1,763
1,752
500
7.387
7.340
9/30/69
f 6/30/70
^ 9/30/70
7.357
7*350
10/14/69
4/22/70
7.284
2,007
-
2,004
-
-
3
10/29/69
6/22/70
7.204
3,004
-
2,971
-
-
33
125
312
161
128
#
11
201
450
13
102
-
1,002
1,497
-
-
5
7
501
139
287
61
228
*
27
254
336
47
123
500
116
259
157
305
10
2
194
318
23
118
11/26/69
7.014
7.975
11/30/69
^ 8/31/70
11/30/70
7.777
7.591
1,001
12/31/69
f 9/30/70
^12/31/70
7.801
7.561
1,002
r-o'
0 0
500
7.244
7.127
10/31/69
Footnotes at end of table.
-
500
O O
8/31/69
,00V*
vo vo
0 0
500
.
1,003
1,007 i/
1,504 3/
(Continued on following page)
February 1971
41
,PUBLIC DEBT OPERATION S.
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series - (Continued)
(In millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
One-year
series
9-month
series
1/
Tax antici
pation
series
Other
series
Allotments by investor classes
U.S. Govern
ment accounts
and Federal
Reserve
Banks 2/
Commer
cial
banks
Corpo
rations
2/
Dealers
and
brokers
All
other /J
(Percent)
i //cn
JJ±//nc\
Iu
1 10/ 31/70
7.724
7.533
1,003
(o/oA
C//CO/fH(\
(\J
f 11/30/70
^ 2/28/71
6.995
6.932
1,200
3/3/70
4/22/70
6.549
3/26/70
9/22/70
6.177
'3/qi
jf
ji-//70
f'J
f 12/31/70
3/31/71
6 .10 1
6.132
1,2 0 1
)/"\c\/nc\
4/
JV/ f\J
f 1/31/71
4/30/71
6.843
6 .814
1,200
tk/'W fncs
f 2/28/71
5/31/71
7.353
7.277
1,200
6/30/70
r 3/ 31/71
6/30/71
7.068
7.079
1,2 0 1
V. 1/31/71
502
200
328
77
215
16
14
184
266
25
180
500
150
269
106
151
11
2
600
201
32
178
-
1,745
-
-
8
1,753 i/
1,758
-
1,749
-
-
9
500
126
279
133
317
1
21
194
438
47
146
500
125
336
176
303
*
2
170
398
16 1
125
315
141
179
12
22
164
546
138
125
333
145
324
19
6
170
396
55
129
-
2,483
-
-
33
-
-
5
20
252
41
9
638
159
454
15
105
10 1
500
501
7/8/70
3/22/71
6.452
2,517
7/23/70
4/22/71
6.504
2,261
!/J-L/ (v
f 4/30/71
7/31/71
6.467
rt/^i
0
/ /nc\
(u
f 5/31/71
8/31/71
6.510
6.396
7/^U/ /u
r 6/30/71
^ 9/30/71
6.216
10/21/70
6/22/71
5.970
1±
O/^l
\f/ji-i/70
r 7/ 31/71
1^10/31/71
6.153
6.072
J11
LJ.//m/in
f\j
r 8/31/71
^11/30/71
5.084
i 0 31/7U
/r»n
12/
/■ 9/30/71
1 12/31/71
4.949
4.886
1,2 0 1
V1 /'ii
-'-L//7'xi
/10/31/71
1/31/72
4.269
4.249
1,199
6.380
500
170
447
49
59
501
156
160
1,202
1,204
501
6.237
5.010
-
2,256
1,202
2,515
501
1,2 0 1
1,2 0 1
414
216
100
224
250
22
153
446
-
2,510
-
-
5
162
167
304
1
17
152
358
19
113
160
10
188
125
317
501
Source: Based on subscription and allotment reports. For detail of
offerings see Table PDO-4.
1/ Reopening of one-year series.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/ Exclusive of banks and insurance companies.
lj Included with all other investors are certain Government deposit ac
5
339
38
373
2 11
2 11
200
12 1
150
500
11
15
58
383
409
501
17
29
377
225
19
18
419
88
11
12
119
560
45
11
26
119
393
49
178
10
counts and Government-sponsored agencies, formerly included with
Government investment accounts.
2/ Reopening of earlier issue.
6/ Offering consists of a "strip" of additional $200 million each of bills
*
maturing April 30, May 31, June 30, July 31, and August 31, 1969.
Less than #500,000.
T r e a s u r y Bulletin
42
PUBLIC DEBT OPERATIONS.
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
Called or maturing securities l/
Date of
refunding
or retire
ment
Description
_
Disposition offers
by Treasury
Issue
date
Amount
out
standing
Cash
Exchange
Ex
retire
security
changed
offered
ment
(in millions of -dollars)
7/31/68
■Bill
Bill
-
7/31/68
7/31/68
7/31/67
7/31/67
1,001
501
8/15/68
Note
Bond
-
8/15/68-C
8/15/68
5/15/67
4/18/62
5,936
2,640
-
8/31/68
8/31/68
8/31/67
8/31/67
1,000
500
1,000
500
-
9/30/68
9/30/68
9/30/67
9/30/67
1,000
500
1,000
500
10/1/63
10/31/67
10/31/67’
115
1,002
500
115
l,002l.
500J-
_
Total.
8,576
4,442
428
1,494
2,212
8,576 4 /
4,870
3,7061/
6,663
ll,682j
638
Bill
Bill
9/30/68
Bill
Bill
10/1/68
Note
Bill
Bill
-
10/1/68-E0
-
10/31/68
10/31/68
Note
-
ll/15/68-D
5/15/67
8,984
8,984
Bond
-
11/15/68
9/15/63
1,158
1,158
Bond
-
12/15/68
12 / 1/42
1,787
1,787
11,929
11,929
10/31/68
11/15/68
_
Total.
11/30/68
Bill
Bill
-
11/30/68
11/30/68
12/15/68
Bond
-
1,000
500
12/15/68
11/30/67
11/30/67
12/1/42
12/31/68
12/31/68
12/31/67
12/31/67
1,000
500
1,000!
500
822
1/31/69
Bill
Bill, -
1/31/69
1/31/69
1/31/68
1/31/68
1,000
500
1,000*
500
Note -
2/15/69-A
11/15/67
10,738
-
10,738
2/15/69
8/15/62
3,728
_
3,728
-
Total.
14,466
Note Note Note Note Note Note -
B-1970
A-1974
B-1970
A-1974
B-1970
A-1974
346
5-5/855
5-3/455
5-5/855
5-3/455
5-5/855
5-3/4%
10,122
985
7,793 of 5-5/855 Note
2,329 of 5-3/455 Note
6,737
3,037
964
6-3/855 Note
6-1/455 Note
564
I
L
565 I
400J
14,466
*2,026
-
C-1970
A-1976
C-1970
A-1976
702
1,000
6-3/855 Note 6-1/455 Note -
12,502
1,964
8,764 of 6-3/855 Note
3,739 of 6-1/455 Note
1,002
500
lyOOzLy
500Jp
-
3/24/69
-
3/31/69
3/31/69
4/1 / 69-EA
7/11/68
3/31/68
3/31/68
2.015
1,000
500
1 ,000X 3/
61
-
4/22/69
-
4/30/69
4/30/69
4/30/69
4/1/64
7/11/68
4/30/68
4/30/68
4/30/68
2.015
1,001
500
200
Note
-
5/15/69-B
2/21/68
4,277
4,277
Bond
-
6/15/69
4/15/43
2,541
2,541
6,818
6,818
5,026
826
2,329 of 6-3/855 Note
2,697 of 6-1/255 Note
3,366
2,924
442
7-3/455 Note
3/24/69
Bill
3/31/69
Bill
Bill
4/1/69
Note
4/22/69
Bill
Bill
Bill
Bill
-
_
_
_
2.015 6/
500
61
2.015 6/
1,° 01\
500 22/
200/
826
5/15/69
Total.
5/31/69
Bill
Bill
Bill
6/15/69
Bond
6/23/69
Bill
Bill
Bill
6/30/69
Bill
Bill
Bill
8/15/69
8/15/74-B
2/29/68
2/29/68
Bill
Bill
7/31/69
-
2/28/69
2/28/69
2/28/69
4/30/69
5-5/855 Note
822
Bill _
Bill -
Bond
}
1,000!
500J
12/31/68
2/15/69
Description of new
securities offered
(See also -Table PDO-4)
Turned
in for
cash 2/
5,936
2,640
8/31/68
_
Results of ex
change offers
Bill
Bill
Bill
Note
Footnotes at end of table.
-
5/31/69
5/31/69
5/31/69
5/31/68
5/31/68
5/31/68
-
6/15/69
-
6/23/69
6/23/69
6/23/69
4/15/43
10/24/68
10/24/68
10/24/68
-
6/30/69
6/30/69
6/30/69
_
-
966
6/30/68
6/30/68
6/30/68
7/31/68
7/31/68
7/31/68
1,001
502
200
i,oor*
-
7/31/69
7/31/69
7/31/69
-
8/15/69-C
5/15/68
3,366
_
-
-
D-1970
B-1976
D-1970
B-1976
966
3>0101 ,
2,001fc/
1,759J
-
Note
Note
Note
Note
1,002
501
200
3,010
2,001
1,759
1,002
501
200
_
6-3/855
6-1/255
6-3/855
6-1/255
“•SSW
20CJ
502 b /
20QJ
(Continued on following page)
D-1971
February 1971
43
PUBLIC DEBT OPERATIONS
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing securities l/
Date of
refunding
or retire
ment
8/31/69
9/30/69
10/1/69
Issue
date
Description
5.151$
5.693$
5.907$
Bill
Bill
Bill
5.108$
6.483$
1-1/2$
Bill
Bill
Note
_
_
-
8/31/68
8/31/68
8/31/68
1,000
505
200
-
9/30/69
9/30/69
9/30/68
9/30/68
1,001
500
-
10/1/69-E0
10/1/64
159
_
159
10/1/69
10/1/57
6,240
6,240
2-1/2$
Bond
-
12/15/69
9/15/43
2,484
2,484
8,883
8,883
{
“}
f 3,164^|
<
869 \
ll,109j
I
7,020
10/31/68
10/31/68
1,002
500
1,001
500
1,001)
-
11/30/68
11/30/68
-
12/15/69
12/22/69
9/15/43
7/18/69
673
1,763
673
1,763
12/31/69
12/31/69
12/31/68
12/31/68
999
501
999l
501 j 327/
-
1/31/70
1/31/70
1/31/69
1/31/69
1,000
500
1,000^3/
500
Bond
-
2/15/70
1/15/65
4,381
4,381
Bond
-
3/15/70
2/1/44
2,280
2,280
6,661
6,661
5,952
11/30/69
12/15/69
12/22/69
2-1/2$
6.775$
Bond
Bill
12/31/69
6.412$
6.059$
Bill
Bill
1/31/70
’
6.144$
5.976$
Bill
Bill
4$
2-1/2$
Bill
Bill
_
_
_
-
_
Total.,
92
8$
Note
7-3/4$ Note
c7-l/2$ Note
-
E-1971
A-1973
C-1976
1,097
Note
7-3/4$ Note
7-1/2$ Note
-
E-1971
A-1973
C-1976
8$
Note
7-3/4$ Note
7-1/2$ Note
-
E-1971
A-1973
C-1976
57lJ
10/31/69
10/31/69
11/30/69
11/30/69
-
Description of new
securities offered
(See also Table PDO-4)
200 J
-
Bill
Bill
Turned
in for
cash 2/
l,00lV,
500 K
Bond
I
Results of ex
change offers
Exchange
Cash
Ex
retire
security
changed
offered
ment
(In millions of dollars)
1,000^
505 >2/
4$
5.401$
6.195$
5.567$
6.307$
2/15/70
Amount
out
standing
8/31/69
8/31/69
8/31/69
Total..
10/31/69
Disposition offers
by Treasury
1,190
**4,176
1,160
1,683
of 8$
Note
of 7-3/4$ Note
of 7-1/2$ Note
500 W
,
500j 2'
6/
408
675^
589)
715J
408
8-1/4$ Note
8-1/8$ Note
8$
Note
-
F-1971
B-1973
A-1977
8-1/4$ Note
8-1/8$ Note
8$
Note
-
F-1971
B-1973
A-1977
'2,257
1,839
1,856
of 8-1/4$ Note
of 8-1/8$ Note
of 8$
Note
1,000^1 .
2/28/70
6.235$
6.307$
Bill
Bill
-
2/28/70
2/28/70
2/28/69
2/28/69
1,000
500
3/15/70
2-1/2$
Bond
-
3/15/70
301
3/23/70
7.202$
Bill
-
3/23/70
2/1/44
7/18/69
3/31/70
6.132$
7.387$
1-1/2$
Bill
Bill
-
3/31/70
3/31/70
3/31/69
3/31/69
-
4/1/70-EA
'7.284$
7.814$
.6.549$
'5.930$
7.407$
Bill
Bill
Bill
Bill
Bill
-
4/22/70
4/22/70
4/22/70
4/30/70
4/30/70
"5-5/8$
Note
-
5/15/70
11/15/68
7,793
7,793
3,496p
2,671tJ
1,626p
7-3/4$ Note
_8$
Note
-
A-1973
A-1977
^6-3/8$
Note
-
5/15/70
2/15/69
8,764
8,764
l,l85y
636p
6,943p
7-3/4$ Note
$
Note
-
A-1973
A-1977
16,557
16,557
7,988p
$,569p 7/
4,68lp of 7-3/4$ Note
3,307p of 8$
Note
286p
7-3/4$ Note
7-3/4$ Note
-
C-1974
B-1977
767p
7-3/4$ Note
7-3/4$ Note
-
C-1974
B-1977
4/1/70
4/22/70
4/30/70
5/15/70
Note
_
_
_
-
_
500j*
301
1.752
1,752
l,00ll
4/1/65
1,001
501
88
10/14/69
10/14/69
10/14/69
4/30/69
4/30/69
2.007
1.007
1.753
1,001
500
Total.
(
.
501J*
6/
1,001
500;}i/
5/31/70
.270$
7.387$
Bill
Bill
-
5/31/70
5/31/70
5/31/69
5/31/69
1,000
500
1,000 1
500j[2/
6/22/70
*7.204$
7.976$
Bill
Bill
-
6/22/70
6/22/70
10/29/69
10/29/69
6/30/70
'7.342$
7.357$
Bill
Bill
-
6/30/70
6/30/70
6/30/69
6/30/69
3,004
1,504
1,201
500
3,0041[6/
1,504J
1,2011
500j[i/
‘7.313$
7.244$
Bill
Bill
-
7/31/70
7/31/70
7/31/69
7/31/69
1,202
500
1,202)
500J[2/
Note
-
8/15/70
5/15/69
2,329
-
2,329
1,291p|
752fl
Bond
-
8/15/70
6/20/63
4,129
-
4,129
l,850p
1,512;
6,458
_
6,458
5,405p
1,201
501
l,20f|
501J
7/31/70
8/15/70
{
4$
Total.
8/31/70
7.340$
7.777$
Bill
Bill
Footnotes at end of table.
8/31/70
8/31/70
8/31/69
8/31/69
(Continued on following page)
l,053p 8/
3,141p of Note C-1974
2,264p of Note B-1977
44
T r e a s u r y Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
3/26/70
1,758
7.350$ Bill
7.801$ Bill
-
9/30/70
9/30/70
9/30/69
9/30/69
1,005
500
1-1/2$ Note
-
10/1/70-E0
10/1/65
113
10/31/70
10/31/70
10/31/69
10/31/69
1,003
502
11/15/70-A
2/15/66
7,675
11/30/70
11/30/70
11/30/69
11/30/69
1,001
500
1,0011
500
12/31/70
12/31/70
12/31/69
12/31/69
1,002
500
1,002'
500,
1,003 3/
500 27
(
(
7.127% Bill
7.724$ Bill
12/31/70
1/31/71
5$
-
Note
-
7.591$ Bill
6.995$ Bill
(
-
/7.561$ Bill
^6.101$ Bill
-
f
Results of ex
change offers
Exchange
Cash
Ex
retire
security
changed
offered
ment
(In millions of dollars)
1,758 6/
9/23/70
11/15/70
11/30/70
Amount
out
standing
-
6.177$ Bill
10/1/70
10/31/70
Issue
date
Description
9/23/70
9/30/70
Disposition offers
by Treasury
Called or maturing securities l/
Date of
refunding
or retire
ment
Description of new
securities offered
(See also Table PDO-4 )
Turned
in for
cash 2/
1, 005)^
500j2/
113
502j2/
7,675
7,019p
656p
$l+,508p million 7 l / H Note D-1971*$2,511p million 7 l/2% Note C.-1976
6.843$ Bill , 5-3/8$ Note
1/31/71
1/31/71
1/31/70
1/31/70
1,003
500
2/15/71-C
8/30/67
2,509
2,509
l,065p\
1 ,092pj
352p
5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
7-3/4$ Note
2/15/71-D
8/15/69
2,924
2,924
l,022p"l
l,324pJ
578p
*5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
2-1/2$ Bond
3/15/71
12/1/44
1,219
1,219
314p\
634rj
5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
5-8/8$ Note
11/15/71-B
11/15/66
1,734
1,734
432sj
333v\
5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
7-3/4$ Note
11/15/71-G
5/15/70
10,743
10,743
2,435pl
2,479pJ
5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
3-7/8$ Bond
11/15/71
5/15/62
2,760
2,760
891p\
78lpJ
'5-7/ 8$ Note
6-1/4$ Note
C-1975
A-1978
4-3/4$ Note
2/15/72-A
2/15/67
2,006
2,006
597p\
607pf
5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
7-1/2$ Note
2/15/72-C
8/17/70
3,375
3,375
390p'\
3031j
'5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
2/15/72
11/15/62
2,344
2,344
634p\
729pj
’
5-7/8$ Note
6-1/4$ Note
C-1975
A-1978
29,614
29,614
7.533% Bill
2/15/71
4$
Bond
930p
7,680p of 5-7/8$ Note
8,382p of 6-1/4$ Note
Note:
Information on retirement of tax anticipation issues referred to
in footnote 6, in millions of dollars:
Date of
retirement
Securities
Redeemed
for
taxes
Redeemed
for
cash
826
829
1,18 9
1 ,17 ^
3/2U/69
Bill
2,015
U/22/69
6/23/69
6/23/69
6/23/69
Bill
Bill
Bill
Bill
12/22/69
Bill
2,003
3,010\
2,00l)
1,759/
1,763
3/23/70
Bill
1,752
000
Total
amount
retired
OCMJ COMJ COMJ
Source:
Daily Treasury statement and Bureau of the Public Debt.
1/
Original call and maturity dates are used.
2/ All by investors other than Federal Reserve Banks.
2/ Rolled over into 9-month and one-year bills (see Table PD0-4).
y
Holders of the maturing securities were not offered preemptive rights
to exchange their holdings, but were permitted to present them in pay
ment or exchange, in whole or in part, for the new securities offered.
5/
Excess of maturing securities over allotments of new securities paid
for with the maturing securities.
6/
Tax anticipation issue: for detail of offerings beginning July 1968,
see Table PDO-4; for amounts redeemed for taxes and for cash see
"Note11 below.
2/
Of this amount $909 million of the 5-5/8$ notes and $6,156 million
of the 6-3/8$ notes were submitted in payment for subscriptions
allotted for the 7-3/4$ Treasury Notes of Series G-1971 which were
offered on a cash basis. Holders of the maturing notes were not
offered preemptive rights to exchange their holdings for the new
notes. (For detail of offering see Table PDO-4).
8/
Of this amount $10 million of the 6-3/8$ notes and $180 million of
the 4$ bonds were exchanged by Federal Reserve Banks and Government
accounts for 7^$ notes of Series C-1972. Other holders of the
maturing securities were not given preemptive rights to exchange
their holdings for the l\% notes.
p
Preliminary.
I6,062p
Bill
Bill
Bill
6/22/70
6/22/70
9/23/70
Bill
Bill
Bill
2,007|
1,007
1,753
3,001*
1,50UJ
1,758
2,099
M72
k6k
1,299
k25
1,327
1,135
3,632
1,222
3,286
750
1,008
February 1971
45
PUBLIC DEBT O PERATIO N S.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars)____________
Month of
activity
Issue
date
Securities
Maturity
date
Amount
Interest
rate
Retired
(Percent)
Ilotes
{
5/13/68
7/1/68
7/2/68
' V 26/68
4/30/68
5/29/68
6/5/68
6/6/68
6/7/68
6/18/68
6/19/68
6/20/68
6/24/68
6/27/68
1968-July.
Certificates of indebtedness
9/24/68
5.60
7/26/68
7/29/68
7/29/68
7/30/68
7/30/68
7/31/68
7/31/68
8/1/68
8/2/68
8/5/68
8/6/68
8/8/68
8/9/68
8/13/68
8/15/68
8/16/68
8/16/68
8/19/68
8/20/68
8/20/68
8/26/68
8/28/68
8/30/68
8/16/68
8/20/68
8/26/68
8/28/68
8/ 30/68
8/ 30/68
9/3/68
9/5/68
9/5/68
9/6/68
9/10/68
9/13/68
9/13/68
9/16/68
9/17/68
9/19/68
9/20/68
9/20/68
9/23/68
9/24/68
9/25/68
9/25/68
9/25/68
9/26/68
9/26/68
9/26/68
9/16/68
3/13/70
10/1/68
8/20/68
8/20/68
8/20/68
8/20/68
8/20/68
9/5/68
8/20/68
9/5/68
8/20/68
9/ 16/68
9/ 16/68
9/5/68
9/5/68
9/5/68
9/ 16/68
9/5/68
9/16/68
9/16^68
90/%
9/5/68
9/12/68
9/16/68
9/5/68
9/6/68
9/5/68
9/16/68
9/16/68
9/ 16/68
9/6/68
9/5/68
10/ 30/68
12/ 3/68
9/16/68
12/5/68
12/5/68
12/10/68
9/16/68
12/10/68
10/8/68
12/17/68
12/17/68
10/8/68
12/ 17/68
10/8/68
10/8/68
10/8/68
12/17/68
10/1/68
11/10/68
10/8/68
12/10/68
(Continued on following page)
10
193
5.60
f 6/24/68
7/23/68
Certificates of indebtedness
121
20
20
10/ 30/68
’5/13/68
7/1/68
7/16/68
7/18/68
Sept.
5.85
67
5.60
5.60
8/ 30/68
7/29/68
7/29/68
7/30/68
7/30/68
7/31/68
^7/31/68
5
175
125
14
105
13
9/16/68
7/26/68
Certificates of indebtedness
9/5/68
9/6/68
9/9/68
9/18/68
9/19/68
8/20/68
9/24/68
8/20/68
10/1/68
8/20/68
8/20/68
9/5/68
8/20/68
8/20/68
8/20/68
8/20/68
8/20/68
9/5/68
8/20/68
9/5/68
8/20/68
10
5.55
5.50
5.70
5.65
5.65
5.65
8/26/68
7/23/68
Aug.
8/29/68
(in millions of dollars)
5.74
6.00
6.00
5.85
5.25
5.85
5.85
5.65
5.85
5.85
5.85
5.85
5.85
5.65
5.85
5.65
5.85
5.75
5.74
5.25
5.85
5.85
5.85
5.85
5.85
5.65
5.85
5.65
5.85
5.75
5.75
5.65
5.65
5.65
5.75
5.65
5.75
5.65
5.75
5.65
5.75
5.65
5.75
5.75
5.65
5.75
5.65
5.65
5.20
7/1/68
7/2/68
7/9/68
7/10/68
7/16/68
7/18/68
Notes
3/13/70
1/2/73
1/2/73
7/26/68
7/30/68
5.75
5.75
5.75
5.65
5.65
5.20
5.20
5.75
5.20
5.20
5.25
5.75
5.25
5.40
5.25
5.25
5.40
5.25
5.40
5.40
5.40
5.25
5.25
5.40
5.40
5.25
Total outstanding
end of month
125
11
57
100
4o
28
•
11
57
100
35
► 1,582
12
5
19
7
71
28
10
120
125
5
28
12
5
19
7
71
28
54
2
5
8
10
120
54
2
5
8
16
16
5
4
10
29
23
6
11
42
82
5
4
10
29
23
3
11
42
49
49
5
25
1,3 37
60
10
30
3
82
5
25
60
200
5
8
6
50
7
5
20
33
70
12
5
22
8
13
15
35
5
25
55
10
200
5
8
6
50
7
5
33
60
1,673
46
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Issue
date
Securities
Maturity
date
1968-Oct.
9/27/68
L 9/30/68
10/1/68
10/1/68
f
1/15/70
3/9/73
1/15/70
1/30/70
3/27/73
9/9/68
9/9/68
' 9/10/68
9/26/68
9/27/68
5.40
5.40
5.30
5.35
5.34
5.30
5.30
> 9/16/68
9/19/68
9/20/68
9/20/68
9/23/68
9/24/68
9/25/68
9/25/68
9/25/68
9/26/68
9/26/68
9/26/68
9/27/68
9/30/68
10/1/68
10/2/68
10/7/68
10/8/68
10/8/68
10/9/68
10/10/68
10/11/68
10/11/68
10/14/68
10/15/68
10/18/68
10/22/68
10/23/68
10/25/68
10 / 28/68
10 /28/68
10 / 29/68
10 / 30/68
10 / 30/68
10 / 31/68
10 / 31/68
w10/3l/68
10/9/68
" 10 /8/68
10/22/68
10 / 23/68
10 / 28/68
10 /28/68
10 / 29/68
10 / 30/68
10 / 30/68
10 / 31/68
10 / 31/68
10 / 31/68
11 /V 68
11/6/68
11/8/68
11/12/68
1 1 /12/68
n/ity68
1 1 /1 V 68
11/1V68
1 1 /18/68
1 1 / 19/68
11/20/68
11/20/68
11/21/68
11/21/68
11/22/68
11/25/68
1 1 / 26/68
1 1 / 29/68
1 1 / 29/68
1 1 / 29/68
10/8/68
12/17/68
10/8/68
12/17/68
10/8/68
10/8/68
10/ 8/68
12 / 10/68
12 / 17/68
10/ 1/68
10/ 8/68
12 / 10/68
10/ 1/68
10/ 1/68
12/16/68
12/16/68
12/16/68
12/16/68
1/7/69
12/16/68
12/16/68
12/10/68
12/17/68
12/10/68
12/16/68
12/16/68
12/16/68
12/16/68
12/17/68
12 /16/68
12/17/68
2/27/69
2/ 6/69
2/20/69
2/ 2U/69
5.40
5.25
5.40
5.25
5.40
5.40
5.40
5.25
5.25
5.40
5.40
5.25
5.40
5.40
5.25
5.25
5.25
5.255.30
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.50
5.25
5.25
5.50
5.50
5.30
5.25
5.25
5.25
5.25
5.25
5.25
5.50
5.25
5.25
5.50
5.25
5.25
5.55
5.25
5.55
5.25
5.50
5.55
5.50
5.50
5.55
5.50
5.50
5.55
5.50
5.50
5.^5
5.55
5.50
5.50
Notes
11/22/68
Bonds
9/16/6k
5/ 22/73
u/ i / 6 8
if.25
Certificates of indebtedness
Notes
Certificates of indebtedness
Nov.
Amount
Issued
(Percent)
I
Notes
Interest
rate
12 / 16/68
12 /16/68
VLfrm
1/30/69
U/9/73
1/7/69
12/l6/68
12A6/68
12 /16/68
12A7/68
12 /16/68
12 / 16/68
1/30/69
12 /16/68
12 /17/68
12 / 16/68
12 /16/68
2/6/ 69
12 / 16/68
2/6/69
12 /16/68
1 / 30/69
2/6/69
1 /30/69
2/19/69
2/ 6/69
2/20/69
1 / 30/69
2/ 6/69
2/ 21/69
2/2U/69
(Continued on following page)
Retired
Total outstanding
end of month
(In millions of dollars)
13
43
100
10
50
100
10
3
11
53
36
100
11
5
32
31
28
30
6
10
2
30
51
12
19
22
10
53
12
25
5
21
15
10
k
18
10
1
27
12
ho
20
10
12
5
22
8
13
15
35
5
25
55
13
43
3
11
53
36
11
5
32
31
28
30
6
2
30
9
99
8
2
51
3
19
22
10
53
12
25
21
15
10
k
18
10
1
26
12
11
300
2
1
300
21
80
37
31
1+1
5.50
30
> 2 ,231*
February 1 9 7 1
47
.PUBLIC DEBT O PERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Amount
Issued
1968-Dec.
Certificates of indebtedness .
Notes
1969-Jan.
Certificates of indebtedness
33
19
10
31
9
25
7
2
24
8
29
10
11
1
66
5
33
45
14
38
21
7
24
5
5* 3/31/66
5/13/68
12/16/68
12/20/68
12/23/68
12 /24/68
12/27/68
12/31/68
12/31/68
1/7/69
2/6/69
2/6/69
2/20/69
2/6/69
2/21/69
2/24/69
2/6/69
2/20/69
2/24/69
2/19/69
2/20/69
2/24/69
2/19/69
2/24/69
2/19/69
3/5/69
2/20/69
2/19/69
2/20/69
3/10/69
3/11/69
2/19/69
3/10/69
3/17/69
3/17/69
3/17/69
3/17/69
3/17/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
12/31/68
3/13/70
4/30/70
4/30/70
4/30/70
6/25/73
6/27/73
11/2/70
7/2/73
5.30
5.55
.55
.50
.55
.50
.50
5.55
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.65
5.50
5.50
5.50
5.80
5.80
5.50
5.80
5.80
6.00
5.80
6.00
5.80
5.50
5.50
5.50
5.50
5.50
4.86
5.74
5.93
6.02
6.21
6.00
5.97
6.40
6.00
75
75
50
2
20
40
100
/'11/19/68
11/29/68
12/9/68
12/11/68
12/16/68
12/16/68
12/17/68
12/17/68
12/18/68
12 /23/68
1/3/69
1/3/69
1/6/69
1/6/69
1/7/69
1/8/69
1/8/69
l/l0/69
1/13/69
1/13/69
1/16/69
1/17/69
1/20/69
1/21/69
1/22/69
1/23/69
1/24/69
1/24/69
1/24/69
1/27/69
1/27/69
1/28/69
1/28/69
1/29/69
1/30/69
kj/31/69
2/19/69
2/6/69
2/19/69
3/10/69
2/19/69
3/10/69
3/17/69
3/17/69
3/17/69
2/19/69
2/18/69
2/19/69
2/18/69
4/3/69
2/18/69
2/18/69
4/3/69
2/18/69
2/18/69
4/14/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
2/18/69
2/19/69
4/3/69
2/18/69
4/3/69
2/18/69
4/3/69
2/18/69
4/3/69
2/18/69
5.50
5.55
5.50
5.80
5.50
5.80
5.80
6.00
6.00
5.50
5.50
5.50
5.50
6.20
5.50
5.50
6.20
£.50
5.50
6.25
6.20
6.20
6.20
6.20
6.20
6.20
5.50
5.50
6.20
5.50
6.20
5.50
6.20
5.50
6.20
5.50
/ll/26/68
1 1 /29/68
12/2/68
12/6/68
2/27/69
2/20/69
2/20/69
2/20/69
5.45
5.50
5.50
5.50
(Continued on following page)
Total outstanding
end of month
(in millions of dollars)
(Percent)
10/8/68
11/14/68
11/20/68
11/20/68
11/21/68
11/22/68
11/25/68
11/29/68
11/29/68
11/29/68
12/2/68
12/2/68
12/2/68
12/3/68
12/3/68
12/4/68
12/5/68
12/6/68
12/9/68
12/9/68
12/11/68
12/11/68
12/16/68
12/16/68
12/16/68
12/17/68
12/17/68
12/18/68
12/19/68
12/23/68
12/26/68
12/27/68
12 / 30/68
12/31/68
Retired
1
1
11
300
1
300
21
12
10
41
33
10
31
9
25
7
> 2,114
16
10
66
14
40
7
55
15
4
42
5
5
21
36
10
20
20
10
25
8
6
11
4
21
32
40
4
20
5
9
20
40
25
8
29
11
1
12
5
12
24
7
15
42
5
21
36
10
11
32
4
4
80
21
19
2
'2,215
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Securities
Issue
date
Maturity
date
12/9/68
12/17/68
12/18/68
12/19/68
12/23/68
12/26/68
12/27/68
12/30/68
12/31/68
1/3/69
1/24/69
1/29/69
1/31/69
2/3/69
2/3/69
2/3/ee
1969-Feb.
Certificates of indebtedness
Certificates of indebtedness
Mar.
Notes
2/4/69
2/5/69
2/6/69
2/6/69
2/7/69
2/11/69
2/11/69
2/13/69
2/14/69
2/17/69
2/17/69
2/18/69
2/18/69
2/18/69
2/19/69
2/19/69
2/20/69
2/21/69
2/24/69
2/25/69
2/26/69
2/26/69
2/27/69
2/20/69
3/17/69
3/17/69
3/17/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/18/69
2/18/69
2/18/69
4/1/69
4/3/69
4/1/69
4/1/69
2/18/69
4/1/69
4/1/69
2/18/69
4/1/69
4/1/69
4/1/69
2/18/69
4/1/69
5/19^69
5/20/69
5/19/60
5/21/69
5/20/69
5/23/69
5/20/69
4/1/69
5/19/69
5/20/69
5/27/69
Amount
Interest
rate
(Percent)
5.50
5.80
6.00
5.80
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
6.20
6.20
6.20
6.20
5.50
6.20
6.20
5.50
6.20
6.20
6.20
5.50
6.20
6.20
6.10
6.10
6.10
6.10
6.10
6.10
6.10
6.20
6.10
6.10
6.10
Issued
59
6
12
3
5
3
14
12
6
5
12
7
12
8
48
77
43
130
42
86
11
25
6
10
9
30
Total outstanding
end of mphth
I
(In millions of dollars)
8
7
33
14
14
21
7
24
5
55
4
1
20
59
6
Retired
3
5
3
14
12
6
5
12
7
12
8
38
19
43
42
11
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.10
6.10
6.20
6.10
6.20
6.20
6.25
6.25
6.20
6.25
6.25
6.05
6.20
6.10
6.25
6.10
6.10
6.20
6.10
6.20
6.20
6.20
6.10
1 9/27/68
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/1/69
5/19/69
5/19/69
4/1/69
5/19/69
4/1/69
4/1/69
6/4/69
6/4/69
4/1/69
6/4/69
6/9/69
6/12/69
4/3/69
5/19/69
6/9/69
5/19/69
6/20/69
4/3/69
5/19/69
4/3/69
4/3/69
4/3/69
5/19/69
3/13/70
12/28/72
3/27/73
5.74
5.70
5.30
5
10
10
2/19/69
• 2/20/69
2/24/69
2/26/69
2/27/69
(Continued on
5/19/69
5/20/69
5/20/69
5/20/69
5/2-7/69
following page)
6.10
6.10
6.10
6.10
6.10
43
58
2
5
-20.
1/6/69
1/8/69
1/16/69
1/17/69
1/20/69
1/21/69
1/22/69
1/23/69
1/24/69
1/27/69
1/28/69
1/30/60
2/3/69
2/18/69
2/18/69
2/19/69
2/25/69
2/26/69
3/3/69
3/4/69
3/5/69
3/6/69
3/7/69
3/7/69
3/10/69
3/12/69
3/13/69
3/13/69
3/13/69
3/20/69
3/20/69
3/24/69
3/24/69
3/26/69
3/27/69
3/31/69
3/31/69
"5/13/68
6/28/68
20
14
31
13
4l
6
22
40
9
63
28
44
55
20
35
4
33
8
23
>2,256
4
5
20
20
10
25
8
6
21
40
20
9
12
10
58
87
6
10
20
14
> 2,233
41
9
20
12
20
F ebruary 1971
49
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
3/ 5/69
3/6/69
3/12/69
3/13/69
1969 -Apr.
<
Certificates of indebtedness
Notes
Certificates of indebtedness
May.
3/20/69
3/24/69
3/24/69
3/26/69
3/27/69
3/31/69
3/31/69
4/2/69
4/3/69
4/3/69
4/4/69
4/9/69
4/10/69
4/11/69
4/14/69
4/15/69
4/16/69
4/17/69
4/17/69
4/17/69
4/22/69
4/22/69
4/24/69
4/25/69
4/25/69
4/25/69
4/25/69
4/28/69
4/29/69
4/29/69
5/13/68
2/20/69
2/24/69
2/26/69
3/6/69
3/7/69
3/10/69
3/12/69
3/13/69
3/20/69
4/2/69
4/3/69
4/3/69
4/4/69
4/9/69
4/10/69
4/17/69
4/22/69
4/25/69
4/25/69
4/25/69
4/28/69
4/29/69
5/1/69
5/6/69
5/6/69
5/8/69
5/9/69
5/12/69
5/12/69
5/12/69
5/12/69
5/13/69
5/14/69
5/14/69
5/15/69
5/15/69
5/15/69
5/15/69
5/15/69
5/16/69
5/16/69
5/19/69
5/19/69
5/19/69
5/21/69
5/22/69
5/23/69
5/23/69
5/26/69
5/27/69
5/28/69
Maturity
date
6/4/69
6/4/69
6/12/69
5/19/69
Interest
rate
Issued
(Percent)
6.25
6.25
«
5/19/69
4/3/69
4/3/69
4/3/69
5^3-9/69
5/27/69
6/4/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
7/10/69
7/17/69
7/10/69
7/17/69
7/24/69
5/27/69
7/10/69
7/24/69
7/25/69
7/10/69
5/20/69
7/10/69
3/13/70
5/20/69
5/20/69
5/20/69
6/4/69
6/4/69
6/12^69
6/9/69
6/20/69
6/4/69
5/27/69
5/27^69
5/27/69
5/27/69
5/27/69
7/17/69
5/27/69
7/10/69
7/25/69
7/10/69
7/10/69
5/27/69
7/10/69
8/5/69
8/7/69
8/8/69
6/9/69
7/10/69
8/11/69
8/12/69
8/12/69
6.05
6.10
6.10
6.20
6.10
6.20
6.20
6.20
6.10
6.25
6.10
6.25
6.10
6.10
6.10
6.10
6.10
6.10
6.10
6.10
6.20
6.20
6.20
6.20
6.20
6.10
6.20
6.20
6.20
6.20
6.10
6.20
Total outstanding
end of month
(in millions of dollars)
31
7
20
43
44
8
15
4
33
8
23
19
1
10
20
2
11
22
19
60
36
24
30
8
30
4
6
1
1
11
22
19
60
34
24
30
8
26
50
27
8
7
l4
8
5.74
6.10
6.10
6 .10
6.25
6.25
6.25
6.05
6.25
6.10
6.25
6.10
6.25
6 .10
6.10
6.10
6.10
6.20
6 .10
6.20
6.20
6.20
6.20
6.10
6.20
6.00
6.00
6.00
6.25
6.20
6.00
6.25
7/25^69
6/4/69
6.20
7/10^69
7/17/69
8/12/69
8/12/69
8/15/69
7/10/69
7/17/69
8/12/69
8/21/69
7/17/69
7/10/69
7/17/69
8/22/69
7/10/69
8/22/69
6.20
6.20
6.10
(Continued on following page)
37
Retired
6.25
6.25
6 .10
6.10
6.20
6.20
6.10
6.15
6.20
6.20
6.20
6.15
6.20
6.15
40
20
200
100
500
10
6
750
50
750
10
50
50
38
25
4
30
32
440
33
ll
85
7
12
4
6
34
14
48
28
23
4
6
6
22
20
28
55
37
19
1
10
20
1
2
30
6
1
50
13
7
40
20
200
100
500
10
6
750
750
10
50
38
25
3
30
32
440
33
85’
► 2,039
50
T r e a s u r y Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable;
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Securities
Interest
rate
Amount
Issue
date
Maturity
date
5/28/69
5/ 29/69
5/ 29/69
8/26/69
7/ 10/69
8/13/69
6.15
50
19
39
k 3/29/68
5/ 13/68
5/1/69
5/1/69
5/13/70
8/ 3/70
5.80
_
_
* b/2k/(>9
7/24/69
7/24/69
8/12/69
7/25/69
7/17/69
7/17/69
7/17/69
7/10/69
7/17/69
8/22/69
7/10/69
8/22/69
8/26/69
7/10/69
8/13/69
8/13/69
8 /22/69
8/21/69
8/22/69
9/ 5/69
9/10/69
9/ 5/69
9/10/69
9/12/69
9/11/69
9/16/69
9/15/69
9/ 5/69
9/15/69
9/15/69
7/24/69
9/ 5/69
9/10/69
9/15/69
7 /24/69
7/17/69
7/24/69
Issued
(Percent)
Notes
►
1969 -June.........
/ Certificates of indebtedness
Notes
r
Certificates of indebtedness
July.........
6.20
6.10
5.7^
6.25
6.20
6.20
6.00
6.20
6.20
6.20
6.20
6.20
6.20
4/25/69
5/12/69
5/ 1V 69
5/15/69
5/19/69
5/22/69
5/23/69
5/23/69
5/26/69
5/27/69
5/28/69
5/28/69
5/29/69
5/29/69
6/2/69
6/4/69
6/5/69
6/5/69
6/5/69
/ 6/ 10/69
6/12/69
6/12/69
6/12/69
6/13/69
6/16/69
6/17/69
6/18/69
6/18/69
6/ 19/69
6/24/69
6/24/69
6/24/69
6/21+/69
6/26/69
6/27/69
6 /27/69
6/27/69
6/27/69
6/27/69
6/30/69
_ 6/ 30/69
9/9/69
9/11/69
9/15/69
7/10/69
7/17/69
6.60
6.20
6.20
6.20
6.60
6.60
6.60
6.20
6.20
r 5/15/68
6/12/68
6/16/69
8/ 15/69
6.05
6.03
* 4/25/69
6/10/69
6/12/69
6/18/69
6/19/69
6/24/69
6/24/69
6/24/69
6/24/69
6/26/69
6/27/69
6/27/69
6/27/69
6/30/69
6/ 30/69
7 /1/69
7/1/69
7/1/69
7 /2/69
7/2/69
7/3/69
7/3/69
7/3/69
7/3/69
7/7/69
<
7 /7/69
7/8/69
7/8/69
7/8/69
7/8/69
7/9/69
7/9/69
7/10/60
7/11/69
7/24/69
9/10/69
9/10/69
9/15/69
9/15/69
7/24/69
9/5/69
9/IO/69
9/15/69
7/24/69
7/17/69
7/24/69
9/15/69
7/17/69
7/10/69
9/15/69
7/10/69
8/13/69
10/2/69
9/5/69
7/17/69
7/24/69
9/5/69
9/15/69
9/11/69
9/15/69
9/11/69
7/17/69
9/5/69
9/10/69
9/9/69
9/11/69
9/9/69
9/9/69
6.20
6.60
6.60
6.60
6.60
6.20
6.20
6.60
6.60
6.20
6.20
6.20
6.60
6.20
6.20
6.60
6.20
6.-10
(Continued on following page)
6.15
6.20
6.15
6.15
6.20
6.10
6.10
6 .15
6.15
6.15
6.20
6.60
6.20
6.60
6.60
6.60
6.60
6.60
6.20
6.60
6.60
6.20
6.20
6.60
6.1+5
6.20
6.20
6.20
6.20
6.60
6.60
6.60
6.60
6.20
6.20
6.60
6.60
6.60
6.60
6.60
Total outstanding
end of month
I
(in millions of doU a r s)
Retired
_
-
-
300
*
300
-
_
_
_
_
_
_
_
_
_
_
_
_
_
_
1+
1
16
2
52
12
12
20
23
3
12
5
7
5
61+
17
ll+
30
5
8
3
13
2
1+1+
18
10 l+
10
13
50
50
1
11
12
2
6
3^
ll+
1*8
50
19
39
1
16
2
52
12
5
_
3
12
5
7
5
1|8
_
2
_
_
_
_
_
_
1+1+
18
17
_
_
-
-
150
100
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
1+1
16
17
12
30
5
8
3
13
2
15
17
10
_
25
35
35
1
30
20
9
ll+
5
13
7
2
18
12
3
19
5
<
13
7
23
25
8
1
^ 1,703
20
1
8
1
30
20
_
11 +
_
13
7
2
18
12
3
19
5
► 1,61+3
r
51
February 1971
, PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Month of
activity
Issue
date
Securities
Maturity
date
Interest
rate
Amount
Issued
(Percent)
Notes
Certificates of indebtedness
1969-Aug.
(
9/9/69
9/9/69
9/11/69
10/10/69
10/17/69
10 /10/69
9/9/69
10/23/69
10/24/69
10/24/69
10/24/69
1 /12/68
5/ 13/68
4/13/70
3/13/70
5.42
5.74
5/ 21/69
6/ 27/69
7/1/69
7/ 3/69
7/ 7/69
7/ 18/69
7/ 18/69
7/ 21/69
7/ 25/69
7/ 28/69
7/ 29/69
7/ 31/69
8/1/69
8/ 1/69
8/ 4/69
8/ 4/69
8/ 5/69
8/ 5/69
8/ 5/69
8/ 5/69
8/ 6/69
8/ 7/69
8/ 8/69
8/11/69
8/11/69
8/11/69
8/11/69
8/ 11/69
8/12/69
8/13/69
8/14/69
8/15/69
8/18/69
8/18/69
8/19/69
8/19/69
8/19/69
8/19/69
8/ 20/69
'8/21/69
9/15/69
9/15/69
9/15/69
9/15/69
10/10/69
10/17/69
10/10/69
10/24/69
10/24/69
10/24/69
10/10/69
9/15/69
10/10/69
9/15/69
10/10/69
9/15/69
9/11/69
10/10/69
9/16/69
9/16/69
9/11/69
9/16/69
10 /10/69
10/17/69
10/24/69
9/12/69
9/16/69
11/12/69
11/13/69
11/13/69
9/12/69
11/14/69
9/12/69
11/14/69
11/13/69
9/12/69
10/7/69
11/13/69
10 /10/69
1 1 / 14/69
1 1 / 14/69
9/10/69
10 / 10/69
10/7/69
10 /10/69
1 1 / 14/69
10 / 24/69
9/10/69
10 / 24/69
3/13/70
6.15
8/ 21/69
Notes
Sept.
7 Certificates of indebtedness
6.60
6.60
6.60
7/ 15/69
7/ 17/69
7/ 17/69
7/18/69
7/ 18/69
7/ 21/69
7/ 21/69
7/ 23/69
7/ 25/69
7/ 28/69
7/ 29/69
7/ 30/69
7/ 30/69
7/ 31/69
7/ 31/69
8/22/69
8/22/69
8/22/69
8/22/69
8/22/69
8/25/69
8/25/69
8/26/69
8/ 26/69
5/13/68
7/18/69
7/31/69
8/11/69
8/11/69
8/11/69
8/13/69
8/14/69
8/19/69
8/ 20/69
8/20/69
8/22/69
8/22/69
8/25/69
8/ 26/69
9/2/69
10 / 23^69
10/10/69
10/23/69
7.10
7.10
7.10
6.60
7.25
7.25
7.25
7.25
6.60
7.25
7.10
7.25
4
7.10
7.10
6.60
6.60
7.10
6.60
6.60
6.60
6.60
7.10
7.10
7.25
6.60
6.60
7.10
7.10
7.10
6.60
7.10
6.60
7.10
7.10
6.60
6.45
7.10
7.10
7.10
7.10
10 / 17/69
IO/IO/69
IO/IO/69
10 /17/69
10/24/69
1 1 /13/69
1 1 /13/69
1 1 / 13/69
10 / 10/69
11/13/69
10 / 10/69
1 1 /14/69
1 1 /14/69
9/10/69
9/5/69
(Continued on following page)
6.60
7.10
6.45
7.10
7.10
7.25
6.60
7.25
5.74
7.10
7.10
7.10
7.10
7.25
7.10
7.10
7.10
7.10
7.10
7.10
7.10
7.10
6.60
6.20
13
16
6
4
16
11
16
14
12
25
*
4l
9
5
1
20
15
7.10
7.10
7.10
7.25
7.25
7.25
7.10
6.60
Total outstanding
end of month
(in millions of dollars)
6
3
8
l
30
21
13
21
6.60
6.60
6.60
6.60
6.60
Retired
4
6
4
6
46
5
6
6
4
7
3
l
2
i4
46
4
7
l
2
13
14
28
10
13
10
6
13
10
16
16
28
20
16
6
14
4
33
20
4
l4
4
6
6
20
10
43
l
4
33
20
4
4
6
10
34
l
12
4
4
4
26
9
27
11
► 1,627
n
2
10
3
3
20
2
6
14
14
20
6
12
9
15
25
30
1,568
52
T r e a s u r y Bulletin
.PUBLIC DEBT OPERATION S.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
(Percent)
Certificates of indebtedness
1969-Sept.
Notes
Oct..
Certificates of indebtedness
9/2/69
9/2/69
9/2/69
9/2/69
9/2/69
9/3/69
9/V69
9/5/69
9/ 5/69
9/9/69
9/10/69
9/11/69
9/12/69
9/12/69
9/15/69
9/15/69
9/15/69
9/16/69
9/16/69
9/17/69
9/ 18/69
9/19/69
9/ 22/69
9/22/69
9/ 23/69
9/ 2 V 6 9
9/ 25/69
9/ 25/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
; 5/13/68
5/ 23/68
5/ 2V 68
9/23/69
. 9/2U/69
7/23/69
7/30/69
7 / 31/69
7/31/69
8/1/69
8A/69
8/ 5/69
8/ 11/69
8/ 22/69
8/25/69
8/ 26/69
9/ 2/69
9/15/69
9/ 15/69
9/15/69
9/16/69
9/ 25/69
9/ 25/69
9/26/69
9/ 26/69
9/26/69
9/26/69
10 / 1/69
10/1/69
IO/1/69
10/1/69
IO/ 3/69
IO/6/69
IO/6/69
IO/6/69
10/7/69
IO/8/69
10/9/69
10/9/69
10 / 9/69
10/10/69
IO/1 V 69
10 /15/69
IO/16/69
IO/16/69
10 / 16/69
10 /17/69
10/20/69
10 / 21/69
10/21/69
9/5/69
9/10/69
10 /2/69
10/7/69
10/10/69
11/14/69
ll/l4/69
11/14/69
12/5/69
12/9/69
12 /10/69
12/11/69
12/11/69
12 /12/69
10/7/69
10/10/69
12 /15/69
10/2/69
10/7/69
12/15/69
10 / 2/69
10/2/69
10/2/69
12 /15/69
12/15/69
10/2/69
10/24/69
12/10/69
10/2/69
10/10/69
10/17/69
11/13/69
12/5/69
12 / 10/69
12/15/69
3/13/70
9/23/69
9/24/69
12 / 21/70
1/18/71
10 / 23/69
10 / 23/69
10 /10/69
10/23/69
10 /10/69
10 /10/69
10 /10/69
10 / 24/69
10 /10/69
10/24/69
10/24/69
10 /10/69
10 / 7/69
10 /10/69
10 /10/69
10 / 7/69
10/24/69
12 / 10/69
10 / 2/69
10 /17/69
11/13/69
12 / 10/69
10/2/69
10 / 17/69
12 / 15/69
12 / 31/69
10 /10/69
10 / 7/69
10/ 10/69
12 / 15/69
12 / 15/69
12 /15/69
1 1 /13/69
12 /10/69
12 /15/69
12 /15/69
12/15/69
12 / 15/69
1 1 / 13/69
12 / 10/69
12 / 15/69
12 / 15/69
1/19/70
12 /15/69
1 / 20/70
(Continued on following page)
6.20
6.60
6.45
6.45
7 .10
7.10
7.10
7.10
7-05
7.20
7.20
7.20
7.20
7.20
6.45
7.10
7.20
6.45
6.45
Total outstanding
end of month
1
(Irl millions of dol lars)
Retired
10
1
_
10
1
2
6
_
6
9
9
30
14
2
30
10
35
100
8
100
13
3
13
4
14
2
30
10
35
100
8
100
_
11
1
7.20
7.20
7.20
11
2
11
2
3
2
26
3
7.20
19
35
30
40
30
9
29
19
35
100
50
"
1
100
50
-
6.45
6.45
6.45
6.45
7.25
6.45
7 .10
7 .10
7 .10
7.05
7.20
7.20
5.74
6.375
6.30
7.85
7.80
7.25
7.25
7.10
7.25
7.10
7.10
7 .10
7.25
7.10
7.25
7.25
7.10
6.45
7.10
7.10
6.45
7.25
7.20
6.45
7.10
7.10
7.20
6.45
7.10
7.20
7.10
7.10
6.45
7.10
5
1
13
8
220
18
14
8
14
45
11
l
5
-
26
30
-
29
5
4
12
5
6
3
8
4
9
11
2
13
2
1
1
2
26
*
4
40
9
1
13
8
220
18
7.20
7.20
7.20
7.20
7.20
7.10
7.20
7.20
7.20
10
19
3
21
28
10
14
4
21
21
10
14
-
7.20
47
7.10
7.05
7.00
12
42
11
N
11
14
8
14
45
11
12
10
19
3
21
7.20
7.20
7.20
Kl,568
13
4
1
11
1
1
42
-
11
> 1,932
February 1971
53
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Amount
Month of
activity
Issue
date
Securities
Maturity
date
Interest
rate
Issued
(Percent)
10 / 22/69
1969-Oct.
Certificates of indebtedness
Notes
Bonds
Certificates of indebtedness
Nov.
10/22/69
10/22/69
10/23/69
10/23/69
10/23/69
10/23/69
10/24/69
10/24/69
10/24/69
10/27/69
10/27/69
10/27/69
10/28/69
10/29/69
10/29/69
10/30/69
^ 10/31/69
f 6/12/68
12 / 31/68
<i 10/1/69
10 / 31/69
j
9/16/64
' 10 /15/69
10 /16/69
10/17/69
10 / 21/69
10 / 22/69
10 / 22/69
10 / 29/69
10 / 31/69
11/3/69
11/3/69
11/3/69
11/3/69
1 1 / 5/6 9
h /5/ 69
11/7/69
11/7/69
11/7/69
1 1 /10/69
1 1 / 10/69
1 1 / 10/69
1 1 / 10/69
1 1 /12/69
1 1 /12/69
1 1 /12/69
1 1 /17/69
11/17/69
11/24/69
11/24/69
1 1 / 25/69
1 1 / 25/69
1 1 / 26/69
10/24/69
12/9/69
12 /10/69
12/11/69
11/13/69
12/9/69
12 /10/69
11/13/69
12/9/69
1 / 26/70
1/27/70
11/5/69
1/29/70
11/13/69
12 /15/69
10 / 31/69
11/2/70
2/ 18/71
3/25/71
11/1/69
12 /15/69
12 / 15/69
12 /15/69
12 / 15/69
12 / 15/69
1/22/70
11/5/69
12 / 15/69
11/13/69
12 /10/69
12 / 15/69
1/19/70
12 / 15/69
1/19/70
12 /15/69
1/12/70
1/19/70
12 /11/69
12 /15/69
12/30/69
1/12/70
12/5/69
2/11/70
1 /12/70
2/13/70
2/ 13/70
12 /15/69
2/13/70
2/25/70
12 /15/69
2/13/70
7.20
7.20
7.00
7.20
7.10
7.20
7.00
7.05
6.50
7.05
7.10
7.20
5.90
6.40
8.00
7.35
4.25
7.20
7.20
7.20
7.20
7.20
7.00
12
20
12
5
8
5
8
16
18
16
18
25
3
19
25
3
4
4
4
4
55
58
200
55
58
125
l4o
160
10
4
10
100
50
125
30
7
4
21
^7
20
100
75
6.50
7.20
7.10
7.20
7.20
7.05
7.20
7.05
7.20
7.05
7.05
7.20
7.20
7.10
7.05
7.05
7.15
7.05
7.15
7.15
7.20
7.15
7.50
7.20
7.15
Total outstanding
end of month______
(In millions of dollars)
40
16
7
3
84
26
2
8
4
4o
7
3
66
26
30
8
8
30
22
7
5
22
7
5
26
4
163
20
8
20
8
18
15
3
25
9
14
1 1 / 2/70
6.40
10 / 22/69
1 / 22/70
12 /10/69
7.00
7.20
7.05
40
19
30
7.20
7.20
7.05
7.20
7.15
7.20
7.15
7.20
7.15
7.05
7.20
7.05
7.05
7.15
7.50
7.05
7.00
7.45
7.^5
7.^5
7.45
7^5
7.^5
7.05
18
2
li/7/69
11/7/69
1 1 /10/69
11/17/69
11/24/69
11/24/69
11/25/69
1 1 / 26/69
12/1/69
12/1/69
12/1/69
12 /1/69
12 /1/69
12 / 1/69
12 / 2/69
12 / 2/69
12 / 2/69
1 2/3/69
12/4/69
12 / 5/69
12 / 8/69
12/9/69
12 /10/69
1/29/70
12 /10/69
12 / 15/69
12 /15/69
1/19/70
12 /15/69
2/13/70
12 /15/69
2/13/70
12 /15/69
2/13/70
12/5/69
12 /15/69
1/12/70
1/19/70
2/13/70
3/ 2/70
12/5/69
1/26/70
3/3/70
3/ V 7 0
3/V70
3/5/70
3/ V 7 0
3/4/70
1/12/70
(Continued on following page)
>1,792
163
12 / 31/68
10/24/69
10 / 29/69
11/3/69
Certificates of indebtedness
12 /11/69
12 /15/69
1 / 22/70
Retired
16
7.20
18
4
18
14
15
35
12
5
15
15
3
9
14
14
15
35
12
5
16
16
25
14
6
5
30
17
25
l4
6
5
30
17
10
1
10
1
►1,765
54
T r e a s u r y Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)___________
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Amount
Issued
(Percent)
1969-Dec.
Certificates of indebtedness
1/12/70
1/12/70
1/13/70
1/13/70
1/14/70
1/14/70
1/15/70
1/16/70
1/19/70
1/20/70
1/21/70
1/21/70
1/21/70
1/21/70
1/23/70
1/26/70
1/26/70
1/27/70
1/29/70
3/4/70
3/10/70
3/12/70
1/12/70
1/26/70
3/16/70
1/26/70
3/16/70
3/16/70
3/24/70
3/5/70
3/10/70
3/16/70
2/13/70
3/3/70
3/4/70
3/5/70
3/12/70
3/16/70
3/30/70
2/13/70
3/31/70
2/13/70
u / 2/70
1/29/70
3/10/70
3/5/70
2/13/70
3/5/7°
3/16/70
2/13/70
3/31/70
2/13/70
3/31/70
1 /19/70
2/13/70
1/19/70
3/31/70
4/8/70
4/8/70
4/8/70
4/13/70
3/31/70
4/8/70
3/31/70
4/8/70
3/31/70
4/16/70
3/31/70
3/31/70
3/16/70
3/31/70
4/8/70
4/13/70
3/16/70
3/16/70
4/8/70
4/8/70
4/29/70
9/9/68
9/10/68
9/26/68
1/15/70
1 /30/70
1/15/70
1 / 15/70
1/30/70
4/22/71
5/20/71
1 1 /25/69
2/25/70
3/31/70
4/8/70
12 /10/69
12 /10/69
02/12/69
12/15/69
12/15/69
12 /15/69
12 /16/69
12/19/69
12 /2U/69
12 /24/69
12 /26/69
12 /26/69
12 /26/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/30/69
12/30/69
Notes
12/31/69
12/31/68
10/29/69
12/10/69
12/26/69
12/29/69
12 /29/69
12/29/69
12/30/69
12/30/69
1/5/70
1/5/70
1 /7/70
1/7/70
1/8/70
1970-Jan.
Certificates of indebtedness
Notes
Certificates of indebtedness
Feb.
1/14/70
1/26/70
1/27/70
2/2/70
2/2/70
2/2/70
2/2/70
2/3/70
2/3/70
2/4/70
2/4/70
2/6/70
2/6/70
2/6/70
2/6/70
2/9/70
3/10^70
3/31/70
4/20/70
4/27/70
3/31/70
5/4/70
3/16/70
3/31/70
3/16/70
3/31/70
5/6/70
5/11/70
3/16/70
(Continued on following page)
7.45
7.70
7.70
7.05
7.00
7.70
7.70
7.70
7.70
7.80
7.45
7.70
7.70
7.15
7.45
7.45
7.45
7.70
7.70
7.80
7.15
8.10
7.15
6.40
7.05
7.70
7.45
7.15
7.45
7.70
7.15
8.10
7.15
8.10
7.05
7.15
7.05
8.10
8.00
8.00
8.00
8.00
8.10
8.00
8.10
8.00
8.10
5.424
8.10
8.10
7.70
8.10
8.00
8.00
7.70
7.70
8.00
8.00
7.90
5.30
5.34
5.30
7.95
8.10
6
35
4
2
6
10
4
2
16
16
91
11
7
54
15
91
11
7
54
28
10
26
7
7
75
2
28
22
165
10
42'
8
30
5
15
5
18
271
42
3
35
17
3
29
34
4
250
19
3
18
9
49
35
23
159
46
6
130
7.85
7.80
8.10
7.75
7.70
26
7
75
28
5
165
130
19
28
7
2
17
10
42
8
30
5
15
5
18
42
3
35
17
3
>
2,606
34
18
49
23
159
1
50
150
100
100
25
11
45
6
19
17
30
30
36
12
51
51
l4
84
8.10
84
7
200
200
18
19
19
7.75
7.35
7.70
2,285
18
8.10
7.70
S-
100
8.10
8.00
8.00
7.70
Total outstanding
end of month
(in millions of dollars)
7.50
8.10
Retired
55
February 1971
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)_________________________________
Amount
Month of
activity
Securities
Issue
date
Maturity
date
2/13/70
2 A8/70
2/L9/70
2/19/70
2/19/70
2/25/70
2/26/70
3A 6/ 7 0
3A 6/ 70
12/31/68
11/2/70
7.70
7.70
7.70
7.70
6.80
6.85
6.85
6.40
3/10^70
3/24/70
3/10/70
3/31/70
3/31/70
3/31/70
3/31/70
4/13/70
3/10/70
3/31/70
3/31/70
3/31/70
3/31/70
5/26/70
3/16/70
3/31/70
6/2/70
3/16/70
3/16/70
3/16/70
3/12/70
3/16/70
6/1377°
6/15/70
6/23/70
6/24/70
6/30/70
3/13/70
6/17/71
7/22/71
7/29/71
4/8/70
4/16/70
4/13/70
4/29/70
4/20/70
4/27/70
6/15/70
6/30/70
7/8/70
7/l6/70
7/ 28/70
7/29/70
7.5^
7.70
7.80
7.70
8.10
8.10
8.10
8.10
8.00
7.70
8.10
8.10
8.10
8.10
6.85
7.70
8.10
6.85
7.70
7.70
7.70
7.70
7.70
6.90
6.90
6.85
6.30
6.35
5.74
7.125
6.70
6.79
8.00
5.424
8.00
7.90
7.85
7.80
6.90
6.35
6.40
5.424
6.90
6.90
Interest
rate
Issued
(Percent)
Notes
Certificates of indebtedness
1970-Mar___
' 12/ 1/59
12 /10/69
12/24/69
12/26/69
1/15/70
1/19/70
1 / 20/70
1/21/70
1 / 21/70
2/2/70
2/ 2/70
2/ 3/70
2/4/70
2/6/70
2/26/70
3/2/70
3/2/70
3/2/70
3/3/70
3/4/70
3/5/7°
Notes
Certificates of indebtedness
Apr.
Notes
Certificates of indebtedness
May.
Notes
3/6/70
3/6/70
3/12/70
3/16/70
3/23/70
3/24/70
w 3/31/70
f 5/13/68
J
3/2/70
A 3/ 26/70
L 3/ 31/70
1 /8/70
1 /16/70
1 / 21/70
1 / 29/70
2/ 2/70
2 /2/70
3/16/70
3/ 31/70
4/8/70
4/16/70
4/ 28/70
4/ 29/70
>/l6/68
12/20/68
12/23/68
12 / 31/68
4/9/70
4/30/70
3/12/70
3/16/70
5/19/70
5/25/70
5/26/70
14
30
30
162
150
25
200
.
13
11
15
62
70
9
30
46
30
200
20
15
45
(In millions of dollars*)
14
30
30
162
150
-
6
15
10
4
19
3
9
20
19
17
36
14
7
100
13
11
► 2,873
62
70
9
30
46
30
20
14
100
100
100
.
-
271
250
15
130
30
30
180
45
271
250
10
70
-
5.93
6.02
6.21
6.40
6.84
7.46
2/3/70
2/10/70
2/25/70
2/26/70
3/2/70
3/23/70
3/24/70
4/28/70
4/29/70
5/4/70
5/5/70
^ 5/11/70
6.85
6.30
6.90
6,90
6.90
7.20
7.20
12
15
18
12/21/68
< 5/15/70
^ 5/15/70
11/2/70
5/27/71
6/24/71
6.40
7.60
7.60
100
100
(Continued on following page)
Total outstanding
end of month
-
4/30/70
4/30/70
4/30/70
1 1 / 2/70
8/26/71
9/23/71
5/4/70
5/11/70
5/25/70
5/26/70
6/2/70
6/23/70
6/24/70
7/28/70
7/29/70
8/4/70
8/5/70
8/11/70
7.75
7.35
6.85
6.85
6.85
Retired
75
75
50
3
100
200
_
-
12
18
25
100
15
20
15
10
70
12
15
18
► 2,534
Treasury Bulletin
56
, PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Issue
date
Securities
Maturity
date
Interest
rate
Issued
(Percent)
6/11/70
6/15/70
6/24/70
6/26/70
6/26/70
6/30/70
9/11/70
9/15/70
9/24/70
7/23/70
9/11/70
9/30/70
6.80
6.80
6.65
6.50
6.80
6.45
12/23/65
12/31/68
6/4/70
6/11/70
6/18/70
6/25/70
6/23/70
11/2/70
8/26/71
10/28/71
10/28/71
11/18/71
4.66
6.40
7.55
7.65
7.65
7.63
P 4/8/70
4/16/70
6/24/70
6/26/70
6/26/70
7/6/70
7/7/70
7/8/70
7/15/70
7/16/70
7/22/70
7/24/70
7/27/70
7/27/70
7/28/70
7/29/70
7/8/70
7/16/70
9/24/70
7/23/70
9/11/70
10/6/70
10/7/70
10/8/70
10/14/70
10/16/70
10/22/70
10/23/70
10/27/70
10/27/70
10/28/70
10/29/70
6.40
5.424
6.65
6.50
6.80
6.45
6.65
6.65
6.55
5.424
6.40
12/31/68
Certificates of indebtednesa
1970-June.
Notes
Certificates of indebtedness
July.
11/2/70
{
8/5/70
8/10/70
8/17/70
8/24/70
8/25/70
11/5/70
11/10/70
11/17/70
11/24/70
11/25/70
6.45
6.45
6.55
6.55
6.20
f
<
^
5/1/69
8/3/70
8/3/70
8/3/70
12/23/71
1/20/72
6.25
7.25
7.25
6.80
6.45
6.45
6.40
6.35
6.35
5.95
5.95
5.95
5.80
5.80
Notes
Certificates of indebtedness
Aug.
Notes
Sept.
Certificates of indebtedness
Certificates of indebtedness
Oct.
Notes
VBonds
6.40
6.40
6.40
6.35
6.35
6.40
f
6/15/70
6/30/70
7/6/70
7/27/70
9/15/70
9/16/70
9/22/70
9/23/70
9/28/70
9/30/70
9/30/70
r 7/6/70
7/7/70
7/8/70
7/16/70
7/22/70
7/24/70
7/27/70
7/28/70
7/29/70
9/30/70
10/1/70
10/7/70
10/8/70
10/16/70
10/21/70
10/22/70
10/23/70
10/26/70
10/27/70
10/28/70
10/28/70
10/29/70
9/15/70
9/30/70
10/6/70
10/27/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/30/70
12/30/70
10/6/70
10/7/70
10/8/70
10/16/70
10/22/70
10/23/70
10/27/70
10/28/70
10/29/70
12/30/70
12/31/70
1/7/71
1/8/71
1/15/71
1/21/71
1/22/71
1/22/71
1/26/71
1/27/71
1/28/71
1/28/71
1/29/71
6.45
6.65
6.65
5.424
6.40
6.40
6.40
6.35
6.35
5.80
5.80
6.05
6.05
5.424
5.95
5.95
5.95
5.95
5.85
5.85
5.85
5.85
12/31/68
10/28/70
11/2/70
1/20/72
6.40
9/16/64
11/1/70
4.25
(Continued on folloiring page)
6.60
Retired
'Total outstanding
end of month
(In millions of dollars)
50
150
100
70
100
20
50
85
3,389
100
100
100
200
271
250
100
70
100
450
10
271
100
250
20
30
45
215
15
10
100
10
50
35
60
10
3,911
4,076
300
200
100
28
8
15
10
50
20
150
20
250
215
► 3,971
400
100
10
271
250
30
20
30
30
45
15
40
10
200
10
271
250
20
30
45
15
10
275
3,755
1
90
30
February 1971
57
. PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Issue
date
Securities
Maturity
date
Amount
Interest
rate
Issued
(Percent)
8/5/70
8/10/70
8/17/70
8/24/70
8/25/70
9/30/70
11/5/70
11/10/70
11/10/70
11/17/70
11/23/70
11/23/70
11/24/70
11/24/70
11/25/70
11/25/70
11/27/70
11/30/70
11/5/70
11/10/70
11/17/70
11/24/70
11/25/70
12/30/70
2/5/71
2/10/71
2/10/71
2/17/71
Notes
Certificates of indebtedness
2/23/71
2/24/71
2/24/71
2/25/71
2/25/71
2/26/71
3/1/71
10
50
25
35
40
300
60
125
10
100
300
120
12/31/68
11/2/70
11/2/70
2/2/72
6.40
6.50
28
9/15/70
9/16/70
9/22/70
9/23/70
9/28/70
9/30/70
10/l/70
10/7/70
10/22/70
10/28/70
10/29/70
11/5/70
11/24/70
11/25/70
11/25/70
12/9/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/31/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/30/70
12/31/70
1/7/71
1/22/71
1/28/71
1/29/71
2/5/71
2/24/71
2/25/71
2/25/71
3/9/71
3/15/71
3/16/71
.3/22/71
3/23/71
3/29/71
3/31/71
6.35
6.35
5.95
5.95
5.95
5.80
5.80
6.05
5.95
5.85
5.85
5.65
4.80
4.80
4.80
4.90
4.80
4.80
4.75
4.75
4.75
4.85
f 9/23/69
< 11/2/70
\ 12/21/70
12/21/70
2/2/72
2/24/72
10/8/70
10/16/70
10/21/70
10/23/70
10/26/70
10/27/70
10/28/70
11/10/70
11/10/70
11/17/70
11/24/70
11/27/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
1/8/71
1/15/71
1/19/71
1/21/71
1/25/71
1/26/71
1/27/71
1/28/71
l/S/71
1/15/71
1/21/71
1/22/71
1/26/71
1/27/71
1/28/71
2/10/71
2/10/71
2/17/71
2/24/71
2/26/71
3/15/71
3/16/71
3/22/71
3/23/71
3/29/71
4/8/71
4/15/71
4/19/71
4/21/71
4/26/71
4/26/71
4/27/71
4/28/71
7.85
6.50
5.15
6.05
5.424
5.95
5.95
5.95
5.85
5.85
5.45
5.45
5.30
4.80
4.80
4.80
4.80
4.75
4.75
4.75
4.95
5.424
4.25
4.25
4.25
4.20
4.20
4.20
9/24/69
1/18/71
1/18/71
2/24/72
7.80
4.75
1970-Nov.
Dec.
Notes
Certificates of indebtedness
1971-Jan.
Notes
C
Source:
Bureau of the Public Debt.
*
Less than $500,000.
2/23/71
Total outstanding
end of month
(In millions of dollars)
6.45
6.45
6.55
6.55
6.20
5.80
5.65
5.45
5.45
5.30
5.30
5.30
4.80
4.80
4.80
4.80
4.80
4.80
Certificates of indebtedness
Retired
30
28
8
15
10
50
100
100
271
250
55
30
70
30
20
40
10
50
35
60
10
125
4,637
>
4,331
>
3,926
28
3
28
8
15
10
50
20
100
10
20
15
10
10
125
100
10
15
100
1
271
250
.30
30
30
45
40
10
50
35
60
200
12
8
15
10
5
30
40
50
50
>
Treasury Bulletin
58
PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Amount
(Dollar equivalent)
Month of
activity
Payable
in —
Securities
Issue
date
Maturity
date
Interest
rate
Issued
55
134
102
1/30/67
7/30/68
4.57
5.40
125
German marks
German marks
11/3/67
8/19/68
11/1/68
2/19/73
4*87
5.20
124
Swiss francs
Swiss francs
6/30/67
9/30/68
9/30/68
1/30/70
4.83
5.30
26
7/5/68
7/16/68
10/7/68
10/16/68
10/7/68
10/16/68
4/7/69
1/16/69
5.25
5.50
4.875
5.35
Notes
Italian lire
Italian lire
Aug..
Notes
Svpt.
Notes
1968-July.
Certificates of indebtedness
Certificates of indebtedness
Oct..
/Swiss
) Swiss
\ Swiss
V*5wiss
francs
francs
francs
francs
German marks
10/2/68
4/2/73
5.25
1/29/68
Certificates of indebtedness
1/29/69
2.50
12/27/68
Notes
12/1/66
11/24/67
12/2/68
12/16/68
3/27/69
12/2/68
11/24/69
12/2/70
6/18/73
6.30
ftierman marks
) Belgian francs
\ German marks
vjtalian lire
10/16/68
1/26/68
7/26/68
12/27/68
1/16/69
1/24/69
1/16/69
1/24/69
1/24/69
3/27/69
4/16/69
7/24/69
5.35
5.00
5.00
6.30
6.25
5.00
Dec..
Certificates of indebtedness
1969-Jan.
Notes
Certificates of indebtedness
Feb.
Notes
Mar.
§
JNetherland
< guilders
1 German marks
Notes
Notes
fSwiss francs
Swiss francs
' Swiss francs
| German marks
Swiss francs
^Swiss francs
f
rman marks
iss francs
iss francs
rman marks
rman marks
Swiss francs
German marks
Austrian
schillings
.Swiss francs
\ Swiss francs
Swiss francs
Austrian
schillings
/German marks
) German marks
\ Swiss francs
Vpwiss francs
/Swiss francs
Certificates of indebtedness
Apr.
Notes
May..
Notes
June.
Notes
Certificates of indebtedness
July.
Notes
101
4.75
5.25
5.50
5.00
1/26/68
7/5/68
7/16/68
7/26/68
) Swiss francs
S Swiss francs
V*3wiss francs
(
German marks
Swiss francs
German marks
German marks
Swiss francs
Swiss francs
5.44
5.58
5.65
5.77
5/2/67
10/6/67
1/6/69
1/2/69
l/l6/69
1/2/69
1/6/69
4/6/70
1/4/71
7/2/73
4.27
5.25
6.15
6.37
6.125
5.125
4.94
2/6/69
8/6/69
8/1/67
2/3/69
8/23/67
11/17/67
2/6/69
2/17/69
2/24/69
2/17/69
5/6/70
5/19/70
2/24/69
9/1/67
3/3/69
12/11/67
3/11/69
10/7/68
1/16/69
4/7/69
4/16/69
10/3/67
1/9/68
4/1/69
4/2/69
4/9/69
4/29/69
4/7/69
4/16/69
10/7/69
7/16/69
4/1/69
4/9/69
10/1/70
10/2/73
7/9/70
7/29/70
11/1/67
3/7/68
6/9/69
6/9/69
9/9/70
6/12/68
7/3/69
7/16/69
12/12/69
10/5/70
10/16/70
5.90
7.70
7.55
(Continued on following page)
2,230
50
60
133
153
2,229
50
52
52
50
125
50
50
25
28
25
5.58
2,131
134
51
102
125
5.09
6.44
5.68
6.375
4.875
6.256.2$
6.20
7/3/69
{
50
100
6.33
Swiss francs
Austrian
schillings
Swiss francs
Swiss francs
►
125
3/3/69
9/3/70
3/11/69
6/11/70
francs
francs
fEancs
francs
2.005
66
8/24/70
7/24/69
7/16/69
8/18/69
1/23/70
/Swiss
JSwiss
\ Swiss
VSwiss
55
134
126
6.35
5/2/69
2.005
25
55
134
25
28
1/24/69
4/16/69
7/17/69
7/24/69
4/3/68
(
50
5.03
5.60
5.45
5.57
6.89
5.00
6.20
7.00
7.50
German marks
Swiss francs
Swiss francs
1,931
125
6.40
5.14
5.57
6.25
6.23
6.20
6.20
Total outstanding
end of month
(in millions of dollars)
(Percent)
7/26/68
10/7/68
10/16/68
1/24/69
7/30/68
1/30/70
francs
francs
francs
francs
ss
ss
ss
ss
Retired
50
2,254
50
2,254
23
23
55
133
54
133
50
124
30
39
2,417
50
30
50
101
30
100
2.367
153
133
22
22
134
2.367
100
25
\
2,320
F e b r u a r y 1971
59
,PUBLIC DEBT OPERATIONS^,
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
Amount
(Dollar equivalent)
Month of
activity
Payable
in —
Securities
Issue
date
Maturity
date
Interest
rate
Issued
(Percent)
Sept.
Oct.
Swiss francs
Swiss francs
5/27/68
9/29/69
9/29/69
1/29/71
5.77
6.16
7.85
Certificates of indebtedness
Swiss francs
Swiss francs
4/7/69
10/7/69
10/7/69
4/7/70
6.25
7.73
~ Austrian
schillings
2/24/69
8/24/70
8/18/69
12/2/68
1/2/69
3/3/69
6.33
7.10
i
German marks
German marks
German marks
German marks
Swiss francs
11/18/69
J Swiss francs
1 Swiss francs
7/24/69
1/23/70
1/23/70
7/23/70
7.50
8.08
Notes
German marks
German marks
Italian lire
German marks
Swiss francs
German marks
German marks
German marks
German marks
German marks
Swiss francs
10/2/67
1/5/68
7/30/68
8/19/68
9/30/68
10/2/68
1/16/69
V2/69
8/19/69
10/2/69
1/30/70
5.358
5.46
5.40
5.20
5.30
5.25
6.125
6.23
3.05
4.43
8.10
Certificates of indebtedness
Swiss francs
Swiss francs
8/6/69
2/6/70
4/3/72
7/5/72
1/30/70
2/19/73
1/30/70
4/2/73
7/2/73
IO/2/73
2/19/73
10/2/73
6/1/71
2/6/70
8/6/70
German marks
German marks
German marks
7/3/67
4/1/68
6/24/68
Swiss francs
10/7/69
Notes
Swiss francs
Swiss francs
1/6/69
4/6/70
Notes
Swiss
Swiss
Swiss
Swiss
Notes
Swiss francs
Swiss francs
1970-Jan.
{
Notes
Certificates of indebtedness
May..
June.
Certificates of indebtedness
July.,
Notes
Aug..
Certificates of indebtedness
Sept.
Botes
Oct.
1971-Jan.
{
Notes
Certificates of indebtedness
Notes
Source:
Swiss francs
11/8/69
12/2/70
1/4/71
9/3/70
10/1/70
2/18/71
Certificates of indebtedness
Apr..
6/18/73
Italian lire
Notes
Mar..,
5.125
7.45
7.00
7.10
Notes
Certificates of indebtedness
Feb..,
'8/6/69
2/6/70
8/18/69
11/18/69
Notes
Notes
Nov.
Swiss francs
) Swiss francs
\ Swiss francs
I Swiss francs
2/6/69
8/6/69
7/17/69
8/18/69
12/16/68
Certificates of indebtedness
1969-Aug.
Bureau of the Public Debt.
{
francs
francs
francs
francs
2/6/69
2/17/69
5/6/70
5/19/70
3/11/69
6/11/70
Swiss francs
Swiss francs
1/23/70
7/23/70
f Swiss francs
) Swiss francs
4/9/69
4/29/70
7/9/70
7/29/70
\ Swiss francs
V. Swiss francs
t
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
1/3/72
10/2/72
12/22/72
4/7/70
6.375
► 2,220
30
55
30
2,220
-
25
30
100
135
134
26
_
50
10
10
10
52
6.40
_
26'
28
6.35
7.70
7.73
_
7.60
8.08
6.75
6.20
6.20
7.30
7.23
50
30
100
_
7.73
6/11/70
9/13/71
7/23/70
1/22/71
7/9/70
7/29/70
10/8/71
10/29/71
50
30
_
_
30
7.45
8.125
5.28
5.73
6.25
6.15
6.75
23
,
100
_
-
30
40
-
2/6/70
8/6/70
2/5/71
6/9/69
9/9/70
6.90
101
7/3/69
7/16/69
10/5/70
10/16/70
9/9/70
12/9/71
10/5/70
10/16/70
.1/5/72
1/17/72
7.70
7.55
6.70
6.55
22
133
7/23/70
1/22/71
9/9/69
1/29/71
1/22/71
7/22/71
1/29/71
5/30/72
6.75
4.40
7.85
4.40
8/6/70
8.125
6.75
6.89
Total outstanding
end of month
(In millions of dollars)
5.65
6.37
6.44
6.25
7.60
4/6/70
7/6/71
5/6/70
5/19/70
8/6/71
8/19/71
Retired
50
_
_
_
100
30
-
5U
-
50
50
50
50
-
►
N
►► 1,996
*
100
125
125
125
124
26
126
125
124
50
_
55
52
25
28
23
100
-
> 1,390
1,390
J
J
1,420
1,366
J
I
>
(
1,366
J
'I
/
1,366
30
39
-
> 1,366
50
-
1,366
101
22
134
_
100
_
30
j
I
l
1,366
1,366
j
1,366
j
60
T r e a s u r y Bulletin
.UNITED STA TE S SAVINGS BONDS
Series E and H are the only savings bonds currently
being sold.
interest yields, maturities, and other terms appear in the
Series E has been on sale since May 1, 194-1,
and Series H has been on sale since June 1, 1952.
Treasury Bulletins of April 1951, May 1952, May 1957, October
Series
and December 1959, and May and October 1961J the Annual Report
A-D were sold from March 1, 1935, through April 30, 1941.
of the Secretary of the Treasury fiscal year 1966 (pages 197
Series F and G yere sold from May 1, 1941, through April
and 258), and fiscal year 1967 (pages 179 and 181); and the
30, 1952.
Treasury Bulletin of June 1968.
Series J and K were sold from May 1, 1952, through
April 30, 1957.
Details of the principal changes in issues,
Table SB-1. - Sales and Redemptions by Series, Cumulative through January 31, 1970
(In millions of dollars)
Amount outstanding
Sales 1/
Series
Sales plus
accrued
discount
Accrued
discount
Redemptions 1/
A-D 2/.,
£ and H,
F and G,
j and K,
3,9^9
151,242
28,396
3,556
1,054
31,599
1,125
198
5,003
182,841
29,521
3,754
4,998
130,913
29,491
3,740
Total A-K.....
187,142
33,977
221,119
169,141
Series
Series
Series
Series
Interest
bearing debt
Matured
noninterestbearing debt
51,928
30
14
51,928
49
Footnotes at end of Table SB-4.
Table SB-2. - Sales and Redemptions by Periods, All Series Combined
(In millions of dollars)
“Redemptions 1/
Sales 1/
Accrued
discount
Fiscal years:
1935-61..........
1962..............
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969.............
1970..............
142,924
4,421
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
18,485
1,358
1,408
1,476
1,517
1,554
1,626
1,735
1,789
1,841
Calendar years:
1935-61..........
1962..............
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
145,068
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
1970-Jan.........
Feb.........
M a r .........
Apr.........
M a y .........
June........
July........
Aug.........
Sept........
Oct...... .
Nov.........
Dec.........
Period
Sales plus
accrued
discount
Amount Outstanding
Total
Sales
price 2/
Accrued
discount 2/
Interestbearing debt
Matured
noninterestbearing debt
161,407
5,780
5,926
6,132
6,060
6,204
6,592
6,473
6,338
6,291
113,654
5,716
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
103,983
4,934
4,482
4,383
4,488
4,792
4,971
4,978
5,237
5,508
9,671
782
791
781
858
932
951
1,003
1,102
1,240
47,514
47,607
48,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
240
211
157
139
110
95
88
82
82
55
19,154
1,397
1,423
1,508
1,527
1,591
1,686
1,759
1,832
1,909
164,221
5,675
6,183
6,117
6,013
6,451
6,584.
6,455
6,224
6,574
116,428
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
106,380
4,792
4,259
4,445
4,552
5,043
4,842
5,094
5,457
5,072
10,049
810
762
807
889
957
951
1,040
1,182
1,223
47,458
47,535
48,827
49,734
50,324
50,752
51,581
51,917
51,549
51,842
335
331
201
158
141
164
126
112
64
50
381
383
427
366
367
446
172
151
160
157
137
134
553
534
587
522
504
580
523
479
540
454
389
486
134
106
122
110
94
121
51,448
51,398
51,325
51,285
51,307
51,281
62
61
59
58
56
55
393
388
351
407
373
384
430
183
160
157
151
156
190
576
548
508
558
529
574
656
584
662
564
483
607
558
475
469
436
373
426
448
382
377
349
303
343
110
93
92
86
71
83
51,300
51,375
51,414
51,537
51,693
51,842
54
52
52
51
51
50
192
621
536
421
114
51,928
49
Months:
1971-Jan.........
Footnotes at end of Table SB-4.
61
F e b r u a r y 1971
_______________UNITED STA TE S SAVINGS BONDS_______________
Table SB-3. - Sales and Redemptions by Periods, Series E through K
__________________________________ (In millions of dollars)___________________________________
Amount outstanding
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
price 2/
Total
Accrued
discount 2/
Interest-bearing
debt
Matured
noninterestbearing debt
Series E and H combined
Fiscal vears:
1941-61............
1962................
1963................
1964................
1965................
1966................
1967...... *........
1968....... ........
1969................
1970................
107,024
4,421
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
16,214
1,331
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
123,236
5,753
5,904
6,114
6,045
6,192
6,584
6,470
6,337
6,291
79,431
4,603
4,500
4,736
4,987
5,305
5,449
5,715
6,198
6,721
71,746
3,873
3,759
3,982
4,154
4,408
4,536
4,739
5,112
5,484
7,685
731
742
754
833
897
913
976
1,086
1,237
43,806
44,955
46,359
47,737
48,795
49,682
50,817
51,572
51,711
51,281
-
Calendar vears:
1941-61............
1962................
1963................
1964................
1965................
1966................
1967................
1968................
1969................
1970................
109,168
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
126,03?
5,650
6,164
6,101
6,000
6,440
6,578
6,452
6,224
6,574
81,551
4,636
4,557
4,841
5,117
5,477
5,439
5,915
6,565
6,281
73,539
3,882
3,823
4,061
4,254
4,561
4,519
4,898
5,391
5,060
8,012
754
733
780
863
916
919
1,017
1,173
1,221
44,485
45,499
47,106
48,366
49,249
50,212
51,352
51,890
51,549
51,842
-
Months;
1970-Jan...........
Feb...........
M a r ...........
Apr...........
M a y ...........
June..........
381
383
427
366
367
446
553
534
587
522
504
580
655
583
660
563
482
606
521
478
538
453
388
485
134
105
122
110
94
121
51,448
51,398
51,325
51,285
51,307
51,281
_
_
_
-
July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
393
388
351
407
373
384
172
151
160
157
137
134
183
160
157
151
156
190
557
474
469
435
372
425
430
192
447
381
377
349
302
342
421
110
93
92
86
71
83
114
51,300
51,375
51,414
51,537
51,693
51,842
51,928
_
_
-
1971-Jan...........
576
548
508
558
529
574
621
535
_
Series F, G, J, and K combined 4/
Fiscal years:
1941-61............
1962................
1963................
1964...............
1965................
1966................
1967...............
1968...............
1969................
1970................
1,217
27
22
18
15
12
8
4
1
-
33,168
27
22
18
15
12
8
4
1
-
J
29,237^/6/7/
1,110 8/
7710/
4262/
358
418
472
266
140
27
28,192
1,059
722
400
333
384
434
239
124
24
1,045
51
49
27
24
35
38
27
16
3
3,709
2,652
1,955
1,563
1,248
856
397
140
-
222
196
144
127
99
86
80
75
76
49
_
-
1,230
25
19
16
14
10
6
2
*
-
33,182
25
19
16
14
10
6
2
*
-
29,892 5/6/7/8/
9632/5 T
462 2/
410
323
522
353
218
74
13
28,818
909
434
383
297
481
322
195
65
11
1,074
55
28
27
26
40
32
23
9
2
2,973
2,036
1,721
1,368
1,075
540
229
27
-
318
3*6
188
147
131
155
118
105
58
44
1970-Jan...........
Feb....... .
Ma r ...........
Apr...........
Ma y ...........
June..........
_
_
-
_
_
-
-
2
1
2
1
1
1
2
1
2
1
1
1
*
*
*
*
*
*
July..........
Aug...........
Sept..........
Oct...........
_
-
-
1
1
1
1
*
*
-
*
*
Dec...........
-
-
1
1
1
1
1
1
*
*
*
*
56
55
53
51
50
49
48
47
46
46
45
44
1
*
*
Calendar years:
1941-61............
1962................
1963................
1964................
1965...............
1966................
1967...............
1968................
1969...............
1970................
31,951
-
31,951
-
-
Months:
1971-Jan...........
Footnotes at end of Table SB-4.
-
-
-
(Continued on following page)
-
44
62
T r e a s u r y Bulletin
__________________________________
ITNTTF.n STATES SAVINGS BONDS_______________________________________
Table SB-3. - Sales and Redemptions by Periods, Series E through K - (Continued)
(In millions of dollars)
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Redemptions 1/
Total
Sales
price 2/
Accrued
discount 1/
Exchangeb of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
Series E
Fiscal years:
1941-61................
1962....................
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
100,026
3,674
3,914
4,136
4,112
4,246
4,599
4,466
4,343
4,289
16,214
1,331
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
116,240
5,005
5,300
5,594
5,614
5,787
6,217
6,196
6,131
6,130
78,034
4,343
4,203
4,363
4,538
4,801
4,895
5,154
5,548
5,959
70,349
3,613
3,461
3,609
3,705
3,904
3,982
4,178
4,462
4,722
7,685
731
742
754
833
897
913
976
1,086
1,237
389
219
191
206
188
212
216
196
184
210
37,817
38,260
39,166
40,190
41,078
41,853
42,959
43,805
44,205
44,167
Calendar years:
1941-61................
1962...................
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
101,793
3,624
4,185
4,132
4,092
4,450
4,574
4,452
4,221
4,503
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
118,662
4,996
5,589
5,623
5,606
6,031
6,255
6,209
6,052
6,412
80,032
4,349
4,229
4,425
4,650
4,913
4,941
5,300
5,835
5,626
72,020
3,595
3,495
8,012
754
733
780
863
916
919
1,017
1,173
1,221
490
199
208
198
190
224
207
191
180
228
38,140
38,587
39,740
40,739
41,504
42,398
43,504
44,222
44,259
44,818
362
365
413
354
355
431
378
377
340
391
362
372
172
151
160
157
137
134
183
160
157
151
156
190
535
516
573
511
492
566
589
515
582
499
430
549
455
409
460
389
336
428
17
21
24
20
18
22
561
537
497
542
519
561
495
421
423
396
336
392
385
328
331
310
265
309
134
105
122
110
94
121
110
93
92
86
71
83
23
18
18
15
16
16
44,188
44,169
44,136
44,127
44,172
44,167
44,211
44,308
44,364
44,496
44,664
44,818
410
192
601
497
Series H
383
114
20
44,902
H§ cal.years:
1952-61................
1962...................
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
6,998
747
604
521
431
404
367
273
207
160
-
6,998
747
604
521
431
404
367
273
207
160
1,398
260
298
373
449
504
553
561
650
762
1,398260
298
373
449
504
553
561
650
762
_
_
_
389
219
191
206
188
212
216
196
184
210
5,989
6,695
7,193
7,546
7,716
7,829
7,858
7,766
7,506
7,114
Calendar yearg:
1952-61................
1962...................
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
7,374
654
575
477
394
410
324
244
172
162
-
7,374
654
575
477
394
324
24A
172
162
1,519
287
328
416
467
564
497
615
730
655
1,519
287
328
416
467
564
497
615
730
655
490
199
208
198
190
224
207
191
180
228
6,345
6,912
7,367
7,627
7,744
7,815
7,848
7,668
7,290
7,025
18'
18
13
11
12
14
15
11
11
16
10
12
20
66
69
78
64
52
57
62
53
46
39
37
33
38
66
69
78
17
21
24
20
18
22
7,259
7,230
7,189
7,157
7,135
7,114
7,090
7,066
7,049
7,040
7,030
7,025
7,027
Months:
1970-Jan...............
Feb..............
Mar..............
1971-Jan..............
Months:
1970-Jan...............
Feb..............
Mar..............
1971-Jan..............
18
18
13
11
12
14
15
11
11
16
10
12
20
-
-
-
-
410
3,646
3,787
3,997
4,022
4,283
4,661
4,405
64
52
57
62
53
46
39
37
33
38
-
_
-
_
_
-
_
-
-
_
-
-
_
—
23
18
18
15
16
16
20
February 1971
63
____________ UN ITED STATES SAVINGS BONDS______________
Table SB-4. - Redemptions of Matured and Unmatured Savings Bonds
(in millions of dollars)
Matured
Period
Total 1/
Total.
Series E
and H
Unmatured
Unclassified
Other
Other
20,459
3,467
4,657
4,739
3,778
4,641
3,358
3,070
2,951
3,088
3,284
3,300
3,351
3,401
3,566
3,842
16,007
2,785
3,132
3,195
3,235
3,285
3,075
2,875
2,812
2,948
3,165
3,196
3,273
3,376
3,560
3,842
4,451
682
1,526
1,544
543
1,356
283
196
139
19,461
3,899
5,207
3,8a
4,520
3,938
3,100
3,002
3,031
3,157
3,287
3,384
3,413
3,455
3,726
3,885
15,235
2,920
3,322
3,091
3,445
3,114
2,899
2,827
2,905
3,026
3,176
3,277
3,370
3,441
3,724
3,885
4,225
979
1,886
750
1,075
825
201
175
125
131
111
107
44
13
2
-
192
120
266
22
-449
-239
-60
213
-52
-76
6
144
-7
188
106
-56
-153
Fiscal years:
1951-55....................
1956.......................
1957.......................
1958.......................
1959.......................
I960.......................
1961.......................
1962.......................
1963.......................
1964.......................
1965.......................
1966.......................
1967.......................
1968.......................
1969.......................
1970.......................
30,633
7,846
8,958
8,544
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
10,059
4,263
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
2,471
2,548
2,560
2,792
5,181
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
1,938
1,973
2,059
2,289
2,417
2,762
4,877
2,345
2,144
1,824
1,625
1,822
940
925
657
304
246
280
Calendar vears:
1951-55....................
1956.......................
1957.......................
1958.......................
1959.......................
I960.......................
1961.......................
1962.......................
1963.......................
1964.......................
1965.......................
1966.......................
1967.......................
1968.......................
1969.......................
1970.......................
31,160
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
11,506
4,246
4,156
3,393
4,701
3,033
2,555
2,387
2,043
2,171
2,148
2,472
2,386
2,652
2,686
2,841
6,097
1,891
2,084
1,691
2,433
1,944
1,633
1,656
1,617
1,889
1,932
2,080
2,041
2,443
2,601
2,827
5,410
2,355
2,072
1,702
2,268
1,089
922
730
426
282
216
391
345
209
84
15
656
584
662
564
483
607
558
475
469
436
373
426
536
185
184
343
320
181
226
183
183
341
318
180
225
2
1
2
2
1
2
284
295
375
398
236
297
284
295
375
398
236
297
_
_
_
-
220
295
254
218
237
179
219
294
253
217
236
178
165
1
1
1
1
1
1
1
285
397
263
408
357
290
285
397
263
408
357
290
_
_
_
_
-
301
301
Months:
1970-Jan...................
Feb...................
Mar...................
June.................
Aug..................
Oct..................
1971-Jan...................
166
Source: Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
Note: In these tables sales of Series A-F and J bonds are included at issue
price, end redemptions and amounts outstanding at current redemption
value. Series G, H, and K are included at face value throughout.
Matured bonds which have been redeemed are included in redemptions.
Matured J and K bonds outstanding are included in the interest-bearing
debt until all bonds of the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1/ Sales and redemption figures include exchanges of minor amounts of (l)
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957 and (2) Series F and J bonds for Series H bonds beginning
January I960; however, they exclude exchanges of Series E bonds for
Series H bonds, which are reported in Table SB-3.
2/ Details by series on a cumulative basis and by periods for Series A-D
combined will be found in the February 1952 and previous issues of the
Treasury Bulletin.
2/ Because there is a normal lag in classifying redemptions, the distribu
tion of redemption between sales price and accrued discount has been
estimated. Beginning with the Treasury Bulletin of March 1961 the
i/
6/
1/
8/
2/
412
260
143
29
ij
6/
2/
8/
2/
10/
*
i/
6/
6/ 2/
2/ 8/
8/ 2/
2/
10/
Series E
and H
Total
116
116
185
75
-150
-210
-212
53
73
19
-121
172
99
33
213
115
140
118
104
79
25
6
-
26
228
-431
65
•
84
53
-217
-48
-190
-220
-43
69
method of distributing redemptions between sales price and accrued
discount has been changed to reflect the distribution shown in final
reports of classified redemption. All periods shown have been reviseon this basis.
Series F and G sales were discontinued April 30, 1952, and Series J
and K sales were discontinued April 30, 1957. Sales figures after
April 30, 1957, represent adjustments.
Includes exchanges of Series 1941 F and G savings bonds for 3-1/4#
marketable bonds of 1978-83.
Includes exchanges of Series 1948 F and G bonds for 4-3/4# marketable
notes of 1964.
Includes exchanges of Series 1949 F and G bonds for 4# marketable bonds
of 1969.
Includes exchanges of Series 1950 F and G bonds for 3-7/3$ marketable
bonds of 1968.
Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/8#
marketable bonds of 1971 and 4# marketable bonds of 1980.
Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
Less than $500,000.
64
T r e a s u r y Bulletin
.UNITED STATES SAVINGS BONDS.
Table SB-5. - Sales and Redemptions by Denominations, Series E and H 1/ Combined
(In thousands of pieces)
Period
Total all
denominations
#10 2/
125
#50
#100
#75 2/
#200 4/
#500
#1,000
#5,000
#10,000 2/ 6/
Sales 2/
Fiscal years:
1941-61..........
1962.............
196 3
196 4
196 5
196 6
1967.............
1968..............
196 9
197 0
2,224,236
86,479
89,627
96,609
99,560
103,500
114,433
117,279
118,184
117,026
21,076
Calendar years:
1941-61..........
1962.............
196 3
196 4
196$.............
1966.............
196 7
196 8
.......
196 9
1970 p ...........
Months:
2,265,750
87,094
94,123
98,414
100,657
107,949
117,004
118,955
116,123
21,076
135
1,141
1,4-69
1,749
1,860
1,822
1,682
247,630
9,286
9,623
10,324
10,409
10,714
11,411
10,769
10,192
10,072
13,831
813
928
1,006
982
1,010
1,068
987
869
878
34,040
1,186
1,233
1,220
1,087
1,101
1,131
987
871
868
36,051
1,237
1,270
1,214
1,033
1,042
1,064
906
796
796
308
30
25
22
18
17
15
11
8
7
137
16
16
16
14
13
14
12
11
7
632
1,322
1,607
1,811
1,925
1,659
1,853
252,133
9,196
10,162
10,445
10,366
11,114
11,214
10,563
9,805
11,049
14,227
799
1,019
1,000
970
1,054
1,041
945
828
1,007
34,632
1,098
1,325
1,151
1,044
1,155
1,076
932
818
950
36,661
1,127
1,357
1,117
978
1,110
996
853
753
848
323
27
24
20
17
17
13
10
7
8
144
15
17
15
13
14
13
12
11
4
785
841
1,008
821
882
1,095
908
948
73
75
89
73
84
98
77
91
88
73
80
86
79
89
78
68
71
70
1
1
1
1
1
1
964
947
969
83
88
79
88
79
67
87
77
76
88
71
56
69
65
63
346,046
22,889
44,193
45,819
468
258
170,206
9,150
8,715
9,080
9,322
9,822
9,839
10,276
10,955
6,887
653
20,225
63
11,4 10
933
20,263
1,077
1,005
1,051
1,070
1,113
1,084
1,106
1,165
1,297
35
5
5
7
9
10
12
13
14
18
174,407
9,129
8,771
9,180
9,532
10,031
9,860
10,482
11,317
10,586
7,171
653
615
670
715
786
761
822
908
867
20,751
1,070
1,008
1,067
1,080
1,137
1,047
1,125
1,254
1,169
20,728
1,108
1,037
1,111
1,136
1,226
1,123
1,232
1,373
1,285
68
12
13
18
20
24
21
27
31
28
38
5
6
8
9
12
11
14
17
15
1,117
988
1,107
950
807
1,043
921
793
793
728
615
725
97
83
89
78
69
87
77
64
62
59
47
55
135
114
126
110
93
115
104
87
82
75
63
66
160
131
143
120
103
123
3
3
4
3
2
2
2
2
2
2
1
1
115
91
85
77
67
70
3
2
2
2
1
1
3,
1
1
1
1
1
263,349
13,967
30,710
31,358
262
135
1,482,549
53,010
54,629
59,230
60,928
63,430
71,506
75,925
78,508
78,043
388,614
20,901
21,903
23,44.2
23,947
24,704
26,476
25,823
25,106
24,675
398,593
21,329
22,828
23,816
24,106
25,498
26,417
25,694
120,130
1,507,962
53,503
57,391
60,217
61,8 a
66,381
74,422
78,023
77
»21i
77,828
1970-Jan.........
Feb.........
Mar.........
Apr.........
May.........
June........
9,807
9,321
11,121
9,718
9,188
11,712
6,738
6,104
7,319
6,562
5,890
7,492
1,919
1,982
2,372
1,975
2,040
2,691
134
138
166
July........
Aug.........
Sept........
Oct.........
Nov. p ......
Dec. p ......
10,522
9,855
9,071
10,676
9,390
9,785
6,967
6,213
5,703
6,929
5,842
2,233
2,294
2,129
2,371
6,069
2,359
151
161
153
173
153
160
2,115,482
619,196
Inception to date p.
3,226,233
21,076
146
141
177
2,218
881
10,807
80
Redemption 2/
Fjgcal years:
1941-61............
1962...............
1963................
1964................
1965...............
1966................
1967...............
1968................
1969...............
1970....... ........
Calendar .vears:
1941-61............
1962...............
1963................
1964...............
1965...............
*1966...............
1967...............
1968...............
1969...............
1970 p .............
Months:
Feb...........
May...........
Inception to date p...
-
292,909
18,746
54
51
47
38
33
29
30
1,239,938
52,958
53,018
55,264
56,736
59,235
61,960
66,956
73,560
76,446
1,809,897
84,285
84,965
88,054
92,352
97,063
101,135
109,053
118,230
112,392
19,620
71
58
50
50
45
34
30
30
27
1,265,310
53,231
54,055
55,682
58,045
60,546
64,375
70,014
76,000
72,691
301,805
19,006
19,402
20,204
21,330
22,545
22,959
24,201
25,976
24,443
65
434
711
944
1,105
1,270
1,280
10,292
9,980
11,585
9,669
8,415
10,884
6,399
6,288
7,468
6,178
5,434
7,045
9,823
8,657
8,890
8,270
7,270
8,657
3
3
3
3
2
3
2
2
2
2
1
2
6,348
5,640
5,824
5,436
4,851
5,779
2,271
2,257
2,515
2,117
1,806
2,339
2,137
1,877
1,937
1,79*1
1,538
1,856
106
111
128
108
98
127
116
100
102
97
86
103
2*697,424
20,016
1,829,9^8
501,870
5,809
1,770,111
83,804
83,469
87,242
90,012
94,720
98,349
105,060
114,396
118,696
19,583
78
62
19,022
20,034
20,744
21,948
22,627
23,605
25,308
25,789
*
245
585
837
1,032
1,205
1,303
-
Note: These figures are estimates by the Office of Debt Analysis in the
Office of the Secretary and are based on the daily Treasury statement
and reports from Federal Reserve banks and the Bureau of the Public Debt.
1/ Sales of Series H bonds began on June 1, 1952; the denominations
authorized were #500, #1,000, #5,000, and #10,000.
Sales were authorized in June 1944, to Armed Forces only, and dis
continued after March 31, 1950.
2/ Sales began on May 1, 1964.
601
648
694
756
760
808
864
1,12 6
1,028
1,088
1,122
1,182
1,169
1,208
1,266
1,438
10
12
15
19
22
24
24
28
33
Lj Sales began on October 29, 1945.
2/
Sales of #10,000 denomination Series E bonds were authorized on May 1.
1952.
6/ Includes sales and redemptions of #100,000 denominations Series E bonds
which are purchasable only by trustees of employees' savings plans,
beginning April 1954, and also personal trust accounts beginning Jan
uary 1955.
2/ See Table SB-4, footnote 1.
*
Less than 500 pieces, p Preliminary.
65
February 1971
.U N IT E D STATES SAVINGS BONDS.
Table SB-6. - Sales by States, Series E and H-'Combined
(In thousands of dollars at issue price)
1970
Inception
State
Alabama..............
Alaska...............
Arizona.............
through
December
1970 2/
1,1*10,372
75,633 2/
579,616
Jan.
Feb.
3,252
179
1,755
3,822
196
2,224
Mar.
Apr.
May
June
3,204
249
1,795
3,291
179
1,935
3,420
237
l,4l6
2,543
208
2 ,112
1,198 1,320
24,242 23,639
2,310 2,453
1,257
23,613
2,320
1,386
20,163
2,098
1,2 2 1
27,584
2,202
2,967
222
1,922
July
Aug.
Sept.
Oct.
Nov.
Dec.
4,030
3,453
246
203
1,707 . 1,951
3,169
308
1,996
4,042
205
2,198
3,249
207
1,875
1,4?5
24,725
2,113
1,247
23,692
2,523
1,413
23,997
3,051
1,403
24,430
2,055
1,220
23,673
2,823
Arkansas............
California..........
Colorado............
797,1*88
10,137,503
1 ,092,982
1,400
26,291
2,442
1,683
23,339
2,504
Connecticut.........
Delaware.............
District of Columbia.
2,31*5,123
1*55,1*36
1,510,376
5,970
548
1,303
5,720
2,903
5,335
5,637
2,031
3,945
6,699
1,380
2,128
6,603
1,396
3,926
5,285
1 ,1*89
1 ,27k
6,342
1,644
3,711
4,687
1,463
2,875
7,510
1,508
2,805-
7,292
1,844
3,003
6,090
1,719
2,936
6,665
1,527
2,$06
Florida..............
Georgia.............
Hawaii...............
2,087,532
1,618,392
533,277
5,745
4,366
1,364
9,081
5,099
1,123
6,503
4,282
1,12 2
5,970
4,399
1,188
7,026
4,957
1,206
6,727
U,i*66
1,165
4,853
4,307
1,303
8,885
4,821
794
5,682
4,531
1,217
5,231
4,203
1,253
7,635
5,247
1,210
5,902
3,535
1,18 2
Idaho................
Illinois............
Indiana.............
326,1*83
11,653,795
1*,187,1*89
574
24,901
11,083
578
24,181
11,343
348
437
21,638 21,176
9,965 11,009
432
23,065
11,412
371
21,310
10,230
374
20,754
9,374
445
23,552
11,314
375
21,602
9,850
432
23,323
10,360
439
22,987
9,864
384
21,595
10,979
Iowa.................
Kansas.... ..........
Kentucky............
3,860,71*1*
2,266,115
l,62l*,lli2
8,216
4,450
3,932
6,710
3,834
4,502
5,299
3,931
4,021
5,473
3,553
3,340
4,770
3,6l4
4,100
l*,9ll
3,268
3,770
4,484
3,665
3,308
5,752
3,791
4,210
4,824
3,758
3,837
5,325
3,822
4,033
5,347
3,556
4,051
5,382
3,664
3,434
Louisiana...........
Maine................
Maryland............
1,375,1*1*2
536,636
2,022,526
3,040
1,322
6,654
3,383
949
7,657
2,755
1,077
7,052
2,658
1,032
6,341
2,956
1,000
6,893
2,887
831*
6,589
2,486
1,110
6,329
3,364
1,148
8,050
2,535
1,107
6 ,12 1
2,805
1.111
6*714
3,263
979
6,806
2,800
1,144
6,775
Massachusetts.......
Michigan............
Minnesota...........
1*,121*,307
8,1*31,331
2,607,361*
10,019
19,148
4,215
8,979
17,341
4,816
9,957 10,308
19,296 17,819
4,014 4,645
10,159
1?,97o
4,318
9,675
20,511
l*,508
10,193
21,782
4,181
9,526
17,924
3,604
10,114
18,750
4,048
10,963
20,688
5,262
10,585
13,766
4,564
10,421
20,345
4,809
Mississippi.........
Missouri............
Montana.............
71*8,91*3
1*,221*,11*0
666,893
1,203
10,412
816
1,475
11,544
1,009
1,186
1,029
9,833 10,216
821
872
1,148
9,514
878
999
9,988
72l*
1,088
9,900
631
1,354
12,689
744
997
10,329
738
1,156
11,252
816
1,297
10,220
766
1,043
9,806
828
Nebraska............
Nevada..............
New Hampshire.......
2,268,707
187,381
339,531*
4,085
626
950
3,259
571
848
3,182
532
872
3,288
546
869
2,959
549
887
2,711*
515
796
3,155
574
1,003
3,220
525
866
3,197
551
885
3,1*53
m
1,068
3,201
588
718
3,719
542
895
New Jersey..........
New Mexico..........
New York............
5,705,797
372,115
16,628,61*6
16,014
1,120
46,963
15,200
1,018
33,691
15,232 16,281
1,098
969
36,448 40,271
15,751
1,073
42,334
15,720
961*
38,059
151,064
>2 2 ■ 16,148
1,010
39,248 37,523
16,201
3*1
40,327
16,118
1,148
38,970
17,350
998
41,120
16,728
1,033
39,956
North Carolina......
North Dakota........
Ohio................
1,633,1*79
665,1*1*3
9,326,065
4,239
783
23,591
4,597
1,230
24,376
4,174 3,999
692
761
22,378 22,783
4,441
789
21,551
3,906
620
2 1,921*
3,646
664
22,122
4,783
687
23,186
4,421
620
20,872
4,457
748
23,012
4,740
837
22,196
4,140
788
21,260
Oklahoma.............
Oregon..............
Pennsylvania........
1,773,976
1,300,790
12,61*5,223
3,725
2,328
33,526
3,617
2,735
40,093
3,836 3,243
1,984 2,035
31,873 35,303
3,655
2,383
34,509
3,612
1,897
32,660
3,601
1,918
33,145
3,821
2,354
36,070
3,672
1 ,8*0.
31,990
3,708
2,282
33,430
3,851
2,407
39,819
3,668
1,691
39,330
1,793
2,186
1,376
1,713
1,829
1,113
1,947
1,944
933
1,676
1,973
71*6
1,578
1,888
931
1,520
2,200
966
1,548
1,983
894
1,802
1,983
1,065
1,690
2,122
1,123
1,688
1,799
969
3,226
3,594
11,511 12,329
1,760 1,757
3,529
10,776
1,775
3,852
11,255
1,673
2,939
12,300
1,804
4,012
12 ,2 11
2,093
3,465
12,960
1,644
4,140
12,732
1,861
4,645
12,049
1,982
3,849
12,821
1,6 51
2,125
1,971
1,186
2,036
2,067
1,20 1
Tennessee...........
Texas...............
Utah................
1,1*96,350
5,052,630
59l*,086
3,410
12,580
l,76l
4,090
12,556
1,853
Vermont......... ..
Virginia.............
Washington..........
182,925
2,1*81,292
2,253,191*
44o
7,288
4,623
484
7,794
4,246
447
6,767
4,050
441
6,457
4,104
436
7,701
4,021
389
6,767
**,3**9
541
7,634
3,884
465
7,100
4,082
419
6,927
3,807
455
7,H6
4,522
451
9,016
3,895
433
7,521
4,289
West Virginia.......
Wisconsin...........
Wyoming.............
1 ,1*85,081
3,206,525
260,257
3,457
6,486
4l6
3,550
6,478
408
3,223
6,113
325
3,030
5,569
361
3,284
5,838
331
3,037
6,316
281
2,926
6,135
315
3',60?
6,339
431
3,016
6,022
284
3,132
6,286
324
3,553
6,727
331
3,339
6,152
360
256
401
26
247
431
33
252
423
28
255
218
24
252
206
39
371*
280
27
237
286
36
264
304
176
259
199
45
257
271
36
135
252
32
496
210
35
31,905 129,538
66,697
46,880
27,096
Undistributed and
adjustment to daily
Treasury statement..
Total................
00 00 ON
Canal Zone..........
Puerto Rico.........
Virgin Islands..... .
VOOOOO
OJ CO 0
Rhode Island,.......
South Carolina......
South Dakota........
7 ,119 ,21*3 y
150,751,01*8
31,584
380,582
32,703 103,332 38,296
382,753 426,683 365,701 366,743 1*1*5,621
Source:
D a ily Treasury statement and geographic reports from Federal
Reserve banks.
Sales of Series H began June 1 , 1952.
include exchanges^ o f minor amounts o f Series F and J bonds
H Figures
fo r Series H bonds beginning January I960; however, tjhey exclude
exchanges o f Series E bonds fo r Series H bonds.
3/ Excludes data fo r period A p r il 1947 through December 1956, when
y
67,597 . 29,200
46,525
393,311 388,071 351*415 406,989 372,688
384,060
reports were not a v a ila b le . In previous issues o f the B u lle tin , data
fo r period May 1941 through March 19U7 were included in "Other
possessions,” and data fo r calendar years 1957 and 1958 were included
in "Adjustment to d a ily Treasury statement."
Includes a small amount fo r other possessions*
66
T r e a s u r y Bulletin
UNITED STATES SAVINGS NOTES
United States savings notes were on sale May 1, 1967
through June 30, 1970. 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 re
demption and information on investment yields of savings
notes appear in the Treasuiy Bulletins of March 1967 and June
1968.
Table SN-1. - Sales and Redemptions by Periods
(In millions of dollars)
Redemptions
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price
Accrued
discount
Amount
outstanding
Fiscal vearst
1967....................
1
1
*
*
1968....................
201
*
201
*
*
*
1969....................
1970....................
326
12
338
347
34
105
505
25
35
111
1
323
6
742
80
*
*
5
18*
281
7
7
*
354
366
76
72
31
191
154
145
3
8
644
682
&
Calendar years:
1967....................
80
1968....................
277
1969....................
1970....................
348
160
1
203
80
Months:
1970-Jan................
Feb................
Mar................
Apr................
May................
June...............
27
31
32
19
18
20
2
2
2
2
2
2
33
34
21
21
22
9
10
12
12
9
11
8
10
11
12
8
11
*
1
1
1
1
665
688
710
718
731
742
July......... .....
Aug................
Sept..............
Oct................
Nov................
Dec................
1971-Jan................
9
-6
10
1
*
1
*•
3
3
3
3
3
3
3
11
-4
13
4
3
4
3
11
18
11
19
17
14
15
11
17
11
18
16
13
14
1
1
1
1
1
1
742
720
722
707
692
682
1
669
Source: Daily Treasury statement;
of the Secretary.
Office of Dobt Analysis in the Office
1/
Sales were discontinued after June 30, 1970. Figures shown thereafter
represent adjustments.
* Less than $5(30,000.
February 1971
67
nwrjRPfiHTP OF FEDERAL SECURITIES_____ ________________________________
Table OFS-l. - Distribution of Federal Securities by Classes of Investors and Types of Issues
(in millions of dollars)
Interest-bearing public debt securities
Old of
fiscal year
or month
Total
Federal
securi
ties out
standing'
1962 ........
1963........
1964........
1965........
1966 ........
1967........
1968........
1969........
1970........
306,128
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
Held by U.S. Government accounts
Total
out
standing
294,442
301,954
307,357
313,113
315,431
Total
Public
market
able
7,208
9,033
9,878
10,351
369,026
54,255
55,638
58,598
61,071
64,316
71,809
76,138
84,815
95,170
13,635
14,694
16,007
16,974
322,286
344,401
351,729
12,050
1969-Dec....
382,046r
366,221
89,042
16,295
1970-Jan....
Feb....
"Mar....
Apr....
Ma y ....
June....
381,327
381,813
384,994
380,142
383,757
383,428
365,620 88,584
366,858 89,447
369,963 90,368
365,099 90,193
369,144 92,331
369,026 95,170
16,554
July....
389,040
393,370
391,160
392,665
396,100
374,622
378,905
376,820
378,324
381,667
387,252
Sept....
Oct....
Nov....
401,650
1/ For content see Table FD- 6 .
r . Revised.
94,767
96,368
95,487
94,418
94,564
97,093
16,212
16,362
16,472
17,044
16,974
16,805
16,866
16,875
16,984
17,049
17,091
Non-marketable
Special
issues
44,865
44,429
46,546
48,549
50,196
56,103
59,374
66,738
76,124
Other
2,182
2,177
2,174
2,171
2,070
2,071
2,071
2,071
2,071
70,677
69,960
71,165
71,935
71,650
73,215
76,124
2,071
2,071
2,071
2,071
2,071
2,071
2,071
75,891
77,431
76,541
75,363
75,444
77,931
2,071
2,071
2,071
2,071
2,071
2,071
Public
issues
held by
Federal
Reserve
banks
29,663
32,027
3^,79^
39,100
42,169
46,719
52,230
54,095
57,714
57,154
55,510
55,823
55,785
56,508
57,307
57,714
58,597
59,947
59,975
60,015
61,233
62,142
Held by private investors
Total
210,525
214,289
213,964
212,941
208,946
203,758
216,032
212,819
Public
market
able
Non
market
able
159,201
162,449
51,323
51,840
52,148
53,697
54,037
53,^0
56,363
56,814
58,231
3,759
3,906
4,356
4,l6l
4,476
3,935
3,178
1’
291
1,893
57,610
2,004
1,952
161,8 16
159,244
154,909
150,318
159,668
156,006
216,142
157,911
220,026
162,415
164,258
163,933
166,047
161,017
162,209
157,911
221,526
221,588
223,809
218,398
219,506
216,142
221,258
222,590
221,359
223,891
225,869
228,017
Matured
public
debt
and debt
bearing
no
interest
162,420
163,698
162,480
165,180
166,165
168,480
57,268
57,655
57,762
57,381
57,296
58,231
58,838
58,892
58,879
58,711
59,704
59,537
1,988
2,044
2,095
1,944
1,893
1,946
1,996
1,858
1,875
1,973
1,907
Agency securities
Total
out
standing
y
7,927
8,123
8,631
9,335
13,377
18,455
Held by
U.S. Govt,
accounts
and Fed.
Reserve
"banks
663
707
6 11
469
468
2,010
3,001
24,399
14,249
12,510
2,846
2,553
13,820
2,884
13,755
12,966
12,987
12,948
12,670
12,510
2,818
12,472
12,469
12,482
12/465
12,460
12,491
2,580
2,526
2,550
2,565
2,553
2,570
2,599
2,652
2,644
2,606
2,594
Held by
private
investors
7,264
7,4l6
8,020
8,866
12,909
16,445
21,398
11,403
9,956
10,936r
10,937
10,386
10,461
10,397
10,104
9,956
9,902
9,870
9,829
9,821
9,854
9,897
68
T r e a s u r y Bulletin
OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-2. - Estimated Ownership of Public Debt Securities by Private Investors
End of
month
1939-Dec..........
1946-Feb..........
1951-June.........
1953-June.........
1954-June.........
1957-June.........
1958-June.........
1959-June.........
Dec..........
1961-June.........
Dec..........
1963-rJune.........
Dec..........
Dec..........
1967-June.........
Dec...._......
1968-Jtine.........
1969-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June.........
July.........
Oct..........
Dec..........
1970-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June.........
Sept.........
Oct..........
Nov..........
Dec .p........
Total
privately
held
33.4
231.6
208.3
204.6
199.9
194.3
196.3
194.8
199.8
196.7
203.8
199.9
207.1
203.0
207.0
198.5
200.5
194.6
197.9
197.8
204.5
206.4.
212.7
206.7
210.0
208.©
214.8
Commer
cial
banks
2/
12.7
93.8
74.5
65.6
61.8
58.4
61.5
6 1.1
63.4
58.8
63.7
63.6
69.1
63.5
62.0
57.3
59.5
56.2
59.5
65.2
67.5
61.5
60.3
55.3
62.1
62.5
67.2
65.1
214.3
67.1
219.5
218.2
64.3
64.2
220.5
218.3 ’ 60.2
222.5
63.9
58.2
217.1
60.7
220.5
54.8
213.4
219.2
57.4
207.7
55.5
63.8
222.4
219.2
59.7
66.0
228.5
230.0
64.4
227.8
61.2
228.1
61.0
225.6
58.9
223.6
56.7
214.8
55.3
217.9
56.3
218.6
55.0
219.6
54.7
222.7
56.0
223.8
56.7
222.0
56.8
54.6
223.5
223.6
53.0
225.9
55.5
220.5
54.5
221.4
53.9
218.0
53.3
223.2
55.1
224.6
58.0
223.2
56.9
225.8
58.9
227.9
59-9
63.2
229.9
(Par values 1/ in billions of dollars)
Nonbank investors
Total
20.7
137.9
133.8
139.0
138.0
136.0
134.8
133.7
136.4
137.9
140.2
136.3
138.0
139.5
145.0
14 1.2
141.0
138.5
138.4
132.5
137.0
144.8
152.5
151.4
148.0
Total
9.4
63.9
64.1
67.4
66.3
65.4
64.6
64.8
65.2
66.1
64.8
30.8
30.3
34.5
34.5
34.5
34.7
34.9
35.3
36.0
36.7
64*8
63.5
65.2
65.0
66.6
65.9
66.3
64.9
37.5
38.2
158.9
159.8
64.4
63.7
66.3
69.4
69.7
66.1
64.6
65.9
65.7
66.0
66.0
68.2
68.8
69.8
70.9
72.1
158.7
161.8
152.2
158.7
159.5
162.5
165.6
166.6
167.2
166.7
166.8
159.5
161.6
163.8
164.9
166.7
167.1
165.3
168.8
170.5
170.4
166.0
167.5
164.7
168.1
166.5
166.3
166.9
168.1
166.8
73.1
74.6
70.9
74.0
74.8
75.8
76.9
77.1
77.9
78.1
78.3
77.9
78.4
78.7
79.3
80.0
80.2
80.9
82.1
82.8
83.2
82.7
83.0
82.5
82.9
82.3
82.7
82.3
82.4
81.9
145.5
147.7
149.2
152.3
153.9
156.3
158.2
158.6
Individual j/
Other
Savings bonds
1 secu
Series Otiiar
E and H Series 2/ rities
j
:
39.3
40.1
40.9
41.4
41.5
41.6
42.1
42.5
42.6
42.4
42.5
42.9
43.6
44.2
44.6
45.1
46.0
46.7
47.3
47.9
48.3
48.8
49.2
49.8
50.4
50.9
51.1
51.4
51.4
51.4
51.3
51.3
51.3
51.2
51.1
51.1
51.0
51.0
51.0
51.1
51.0
50.9
50.8
50.8
50.8
50.8
50.8
50.9
50.9
51.1
51.2
51.4
Source: Office of Debt Analysis in the Office of the Secretary.
lj United States savings bonds, Series A-F and J, are included at current redemption value.
2/ Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island posses
ions. Figures exclude securities held in trust departments.
2/ Includes partnerships and personal trust accounts.
jJ Exclusive of banks and insurance companies.
1.9
12.5
13.9
9.4
8.7
7.6
6.6
7.5
20.6
20.0
17.6
16.7
16.3
15.5
15.7
16.0
16.8
15.4
15.2
13.6
15.0
14.8
16.3
15.8
17.2
16.7
5.9
5.2
16.4
16.0
4.5
3.5
3.1
2.7
2.5
2.2
2 .1
1.9
1.6
1.5
19.3
23.5
24.1
20.5
18.6
19.5
18.5
19.1
18.5
20.0
20.2
20.7
15.4
15.1
14.6
14.4
14.1
13.8
13.2
12.7
12 .1
11.7
10.9
10.2
1-3
1.2
1.0
.9
.7
.5
.3
.3
.4
.5
.5
.5
.5
.5
.6
.6
.6
.6
.6
.7
.7
.7
.7
.7
.8
.8
.8
.8
.8
.8
.8
.8
.7
.7
'
'
21.5
22.4
23.2
24.3
20.2
22.8
23.3
23.9
25.0
25.3
26.1
26.3
26.4
26.1
26.6
27.0
27.6
28.3
28.5
29.1
30.4
31.1
31.6
31.1
31.4
30.9
31.2
30.6
31.0
30.5
30.4
29.8
Insurance
companies
5.7
24.4
24.9
19.8
18.7
17.1
16.4
15.7
16.0
16.0
15.9
15.4
15.3
15.0
14.6
13.6
13.2
12.7
12.5
12.2
12.6
12.6
12.5
12.0
11.8
11.4
11.3
11.3
11.5
10.9
1 1 .2
10.8
n.a
10.5
10.3
9.6
9.5
8.6
8.6
8.1
8.0
7.9
7.8
7.7
7.6
7.9
7.7
7.4
7.2
7.1
7.1
7.2
7.1
7.2
7.1
7.0
7.1
6.9
6.8
7.1
7.2
7.1
7.0
6.9
7.0
iState
Mutual
sav
Corpora and
local
ings
tions lj govern
banks
ments
2.7
1 1 .1
1 1.8
11.6
10.9
10.2
9.8
9.6
9.5
9.5
9.2
9.1
8.8
8.7
8.5
8.3
8.0
7.9
7.6
7.4
7.2
7.3
6.9
6.6
6.2
6.3
6.1
6.2
6.0
6.0
5.6
5.8
5.5
5.6
5.3 .
5.0
4.6 *
4.1
4.1 .
3.9
3.6
3.6
3.6
3.6
3.5
3.7
3.3
3.2
3.2
3.1
3.0
3.0
2.9
2.9
2.9
2.9
2.8
2.9
2.9
2.8
2.9
2.9
2.8
2.7
2.8
2.0
19.9
15.3
18.4
19.7
20.1
20.7
18.8
19.9
18.6
21.5
16.5
19.1
18.6
23.2
17.3
18.7
16 .1
17.7
14.1
18 .1
19.8
21.4
19.5
18.7
18.5
18.5
18.2
18.6
18.7
18.7
18.9
18.2
15.3
15.8
14.2
14.9
11.0
12.2
13.0
14.2
15.4
16.2
15.6
15.0
15.4
12.6
13.3
14.3
12.7
13.9
14.3
13.3
13.9
13.2
12.7
11.9
12.5
1 1 .1
12.0
11.7
10.3
1 1 .1
10.8
10.6
Foreign
0*
and inter Other
national investors
6/
2/
.4
6.7
6.3
8.7
8.8
.2
2.4
2.1
3.5
4.3
4.2
4.3
4.7
5.3
5.7
5.9
6.0
6.3
6.8
7.5
7.9
7.8
7.6
7.6
9.4
9.6
10.4
1 1 .1
12.0
12.7
13.9
14.4
14.7
15.4
16 .1
16.3
16.8
16.6
16.3
16.5
16.9
18.0
18.8
18.7
19.3
19.0
20.1
20.1
6.5
7.7
10 .1
12.0
21.4
2 1.1 ;
22.5
2 1.1
24.1
22.9
24.5
24.3
23.6
24.1
24.6
24.4
25.2
25.9
25.6
26.2
26.0
25.2
25.3
25.7
25.8
25.4
25.9
25.4
26.1
26.2
25.5
24.7
25.2
24.6
24.2
24.2
24.0
24.1
23.2
22.9
‘
12.3
13.0
12.7
13.4
14.1
15.3
15.8
15.9
15.6
16.7
15.7
16.7
15.4
14.5
14.7
15.8
12.9
14.3
11.9
12.0
11.8
12.3
13.7
1 1 .1
1 1 .1
11.9
12.9
12.5
11.6
11.4
11.7
12.3
13.2
13.2
13.8
14.8
15.9
16.5
17.4
18.2
20.0
20.6
.3
9.5
9.3
9.6
9.3
9.6
9.4
9.7
9.4
10.0
10.2
10.6
10.6
10.5
10.8
11.4
1 1 .1
1 1 .1
11.5
11.6
1 1 .2
1 1.8
12.3
12.5
13.5
12.7
13.5
13.6
14.8
15.1
15.6
15.8
16.3
16.8
16.7
16.9
19.4
19.3
19.9
22.2
22.4
24.7
23.9
24.8
24.0
21.9
21.8
22.8
22.8
23.9
24.7
24.8
24.1
24.9
26.1
25.9
23.6
23.3
22.0
23.4
21.8
22.0
21.4
22.1
2 1.1
i/ Consists of the investments of foreign balances and international
. accounts in the United States.
Consists of savings and loan.associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also includ
ed are certain government deposit accounts and government-sponsored
agencies.
1/ Includes U.S. savings notes. Sales began May 1, 1967 and were dis
continued after June 30, 1970.
p Preliminary.
69
F e b ruary 1971
T REASURY SURVEY OP OW NERSHIP. DECEMBER 31, 1970
Hi e m o n t h l y T r e a s u i y S u r v e y o f O w n e r s h i p c o v e r s s e c u r i
19^1 Treasury Bulletin, for corporations a n d savings a n d loa n
ties iss u e d b y the U n i t e d States Govern m e n t , F ederal a g e n c i e s ,
a s s o c i a t i o n s i n t h e S e p t e m b e r i 960 B u l l e t i n , and. f o r S t a t e a n d
F e d e r a l l y - s p o n s o r e d agencies., a n d t h e D i s t r i c t o f Co l u m b i a .
l o c a l g o v e r n m e n t s i n t h e F e b r u a r y 19 6 2 B u l l e t i n .
The b a n k s a n d i n s u r c a c e c o m p a n i e s i n c l u d e d i n t h e S u r v e y c u r
rently account
for
Holdings
a b o u t 90 p e r c e n t o f a l l s u c h s e c u r i t i e s
he l d b y these institutions.
Th e s i m i l a r p r o p o r t i o n f o r c o r
b y commercial banks distributed
according
to
Federal Reserve mem b e r b a n k classes a n d nonmember banks are
p o r a t i o n s a n d f o r s a v i n g s a n d l o a n a s s o c i a t i o n s is 50 p e r c e n t ,
published for June 30 and December 3 1 .
a n d f or State a n d local governments, 7 0 percent.
ate p e n s i o n trust funds
Data were
are
Holdings b y c o r p o r
p u b l ished quarterly, first a p
p e a r i n g i n the Ma r c h 195^ Bulletin.
first p u b l i s h e d for banks a n d insurance companies i n the M a y
Table TSO-1. - Summary of Federal Securities
Classification
U.S. Govern
Total
ment ac
amount
counts and
outstand Federal
ing 1 /
Reserve
banks
(Par values - in millions of dollars)
Held by private investors covered in Treasury Survey
State and local
Insurance companies
governments
5,712
493
Total
488
commer mutual
private cial
^56 fire, savings 469
187 4
savings 290
pension
inves- banks
casualty, and loan corpo 316
banks
re
tors
life
and
associa rations general.and
tirement
funds
2/
2/
marine
tions
funds
All
other
private
inves
tors 3 /
Memorandum:
Held by
37,043
corporate
pension
trust
funds 4/
Public debt issues:
Interest-bearing public
debt securities:
Marketable............
Nonmarketable 5/.......
Special issues.........
Total interest-bearing
public debt securities.
Matured debt and debt
bearing no interest.....
Total public debt
securities...........
168,480 50,917
2,745
476/
7
59,363
175
3,307
31
2,759
28
-
3,263
10
-
3,057
1
-
8 ,111
45
-
3,093
58
-
91,228
59,137
175
1,845
152
-
159,235
228,017 50,964
3,338
2,786
3,273
3,058
8,156
3,151 150,540
1,998
1,907
_
_
_
_
_
-
-
389,158
159,235
2,042
151
8,712
247,713
61,434
78,106
79,233
2,071
77,931
387,252
Nonsurveyed Govt, agency
securities B / ........
Total Govt, agency
Total Federal securities...
''
-
1,907
-
3,151 152,446
1,998
229,924 50,964
2,752
3,338
2,786
3,273
3,058
8,156
1,891
219
121
116
35
92
1
157
214
936
23
2 ,211
6,502
1,480
393
^9
296
183
88
436
896
2,681
193
10,754
2,361
8,393 1,699
515
165
331
275
89
593
1,111
3,617
216
1,737
232
Government agency issues:
Regular issues...........
Participation
certificates 7/ .........
Total Govt, agency
securities covered in
Treasury Survey........
1,907
2,752
1,505
12,491
2,5<*
9,897
401,650
161,829
239,821
Footnotes at end of Table TS0-6.
70
T r e a s u r y Bulletin
.TREASU RY SURVEY OF OWNERSHIP, DECEMBER 31, 1970,
Table TSO-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
____________ (Par values - in millions of dollars)________________________
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1 /
Classification
By type security:
Issued by U.S. Government:
Treasury bills..........
Treasury notes......... .
Treasury bonds..........
87,923
101,227
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
26,672
commer
cial
banks
2/
10,314
26,872
13,731
50,917
Total....................
247,713
40,631
11,930
79,233
By maturity distribution:
Call classes (due or first
becoming callable):
Within 1 year..........
1 to 5 years...........
5 to 10 years..........
10 to 15 years.........
15 to 20 years.........
20 years and over......
129,176
77,777
24,095
1,074
10,338
5,253
39,812
25,137
10,127
197
2,916
1,044
21,348
24,543
4,561
55
312
247,713
79,233.
58,563
Total...................
Maturity classes (final
maturity):
Within 1 year...........
1 to 5 years............
5 to 10 years...........
10 to 15 years...........
15 to 20 years..........
20 years and over.......
123,423
82,318
22,553
3,828
4,727
10,863
Total...................
247,713
493
mutual
savings
banks
2/
171
1,2 6 1
1,312
2,745
456 fire,
casualty,
and
marine
290
life
281
916
175
180
860
1,003
3,057
3,399
2,343
2,369
403
153
2,536
8,111
3,093
4,888
1,985
603
48
423
165
486
479
453
59
1,323
293
45,093
26,652
19,484
91,228
1,845
58,359
1,005
6,279
371
3,4l6
2,590
165
16
14
125
735
664
446
317
87
285
___ 76
-3*263
3,057
8,111
3,093
91,228
1,845
583
1,547
1,259
242
4,730
454
378
1,0 16
2
1
6
211
375
400
1,215
56,141
22,039
5,677
1,370
1,707
4,299
3,057
8,111
3,093
91,228
1,845
938
__ 693
50.917
2,745
.3.30?
2,759
39,342
19,208
25,164
9,922
844
1,133
2,827
26,609
4,473
217
150
260
525
1,16 8
339
67
261
385
227
405
530
515
685
945
2,745
220
1,359
1,683
3,263
Memorandum:
Held by
37,043
corporate
pension
trust
funds U
333
332
2,759
800
212
50,917
savings 469
and loan corpo
associa rations
tions
Held by
all
187
pension other
316
general and re inves
funds
tirement tors 2/
funds
1,562
831
1,183
352
26
323
44
578
488
2,953
3,307
1,142
360
19
4oo
245
79,233
State and local
governments
Insurance companies
5,712
3,307
666
1,318
319
88
81
286
2,759
697
1,802
1,8
,898
281
140
103
258
3,263
2,080
503
205
382
270
20,212
520
518
171
101
31
8
Footnotes at end of Table TS0-6.
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1/
Issue
U.S. Govern
5,712
ment ac
commer
counts and
cial
Federal
banks
Reserve
2/
banks
State and local
Insurance companies
493
mutual
savings
banks
2/
456 fire,
casualty,
and
marine
290
life
488
savings
and loan
associa
tions
Memorandum:
Held by Held by
all
37,043
469
187
corporate
corpo 316
pension other
inves
pension
rations general and re
funds
tirement tors 2/ trust
funds U
funds
Treasury bills:
Regular weekly and annual
maturing:
Jan.
1971...............
Feb.
1971...............
Mar.
1971...............
Apr.
1971...............
May
1971...............
June
1971...............
July
1971...............
Aug.
1971...............
Sept.
1971...............
Oct.
1971...............
Nov.
1971...............
Dec.
1971...............
Tax anticipation:
Mar.
Apr.
June
1971...............
1971...............
1971...............
Total Treasuiy bills.........
Treasury notes:
5-3/0%
Feb.
7-3/4
Feb.
5-1/4
May
8
May
1971-C.....
1971-D.....
1971-A.....
1971-E.....
Footnotes at end of Table TS0-6.
15,129
15,239
14,919
I0,6l4
7,309
7,305
3,105
1,704
1,703
1,201
1,201
1,201
4,744
5,213
4,344
3,305
2,659
2,046
1,031
707
2,517
2,515
250
303
214
87,923
2,261
2,509
2,924
4,265
4,176
1,046
1,130
1,744
1,221
451
1,160
570
278
352
99
239
131
46
17
33
477
365
1,050
8
8
3
25
10
8
3
26,672
10,314
171
175
281
224
196
1,041
839
842
1,316
37
47
40
52
1
2
3
10
l4
20
47
605
477
364
382
1,896
736
18
11
6
5
6
5
4
2
-
17
20
50
10
2
1
13
*
-
63
50
66
4l
4
13
l
6
*
-
-
1
*
28
26
(Continued on following page)
60
24
24
36
40
66
59
240
119
84
112
165
25
25
519
520
760
403
275
274
l4l
136
90
55
71
29
15
7
3
150
116
53
47
4
26
220
1,194
54
11
16
20
3
18
5
3
3
2
28
183
47
8
32
10
86
26
18
45
35
33
31
18
5
9
*
2
3
*
*
-
8,488
8,095
7,480
5,440
3,858
3,593
1,294
543
126
174
247
68
18
632
37
12
5
5
1
2
1
-
1,505
1,383
1,121
19
19
2
3,399
403
45,093
735
54
111
115
175
2
3
7
7
1,070
31
48
28
34
_
612
553
495
1,6 6 1
1,237
1,755
71
February 1971
T REASURY SURVEY OP OW NERSHIP, DECEMBER 31, 1970
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Issue
Treasuiy notes - (Continued):
B-l/4* Aug.
1971-F.........
Nov.
1971-B.........
5-3/8
Nov.
1971-G.........
7-3A
Feb.
1972-A.........
4-3/4
Feb.
1972-C.........
7-1/2
1972-B.........
May
M A
May
1972-D.........
6-3/4
May
1973-A.........
7-3A
Aug.
1973-B.........
8-1/8
Feb.
197^-C.........
7-3A
197^-D.........
May
7-lA
5-5/8
Aug.
197U-B.........
Nov.
197^-A.........
5-3A
Feb.
1975-A.........
5-3A
May
6 '
1975-B.........
Feb.
1976-A.........
6-1/4
6-1/2
May
1976-B.........
Aug.
7-1/2
1976-C.........
8
Feb.
1977-A.........
Aug.
1977-B.........
7-3A
1-1/2
Apr.
1971-EA........
Oct.
1-1/2
1971-E0........
Apr.
1972-EA........
1*1/2
1-1/2
Oct.
1972-E0........
Apr.
1973-EA........
1-1/2
Oct.
1973-EO........
1-1/2
197^-EA........
1-1/2
Apr.
Oct.
1-1/2
197^-EO........
Apr.
1975-EA........
1-1/2
Oct.
1975-E0........
1-1/2
Total Treasury notes............
Treasury bonds:
2-1/2% Mar.
2- 1/2 June
2- 1/2 Sept.
2- 1/2 Dec.
4
Aug.
Nov.
3-7/8
4
Feb.
Aug.
4
4
Aug.
4-1/8
Nov.
y-i/8
Feb.
May
4-1/4
Nov.
3-7/8
4-1/4
May
June
3-1/4
4
Feb.
Nov.
3-1/2
May
3-1/4
4-1/4
Aug.
4
Feb.
4-1/8
May
Feb.
3-1/2
Feb.
3
Nov.
3-1/2
1966-71........
1967-72........
1967-72........
1967-72........
1971...........
1971...........
1972...........
1972...........
1973...........
1973...........
1974...........
1974...........
197U...........
1975-85........
1978-83........
1980...........
1980 ...........
1985...........
1987-92........
1988-93........
Total
amount
outstand
ing 1/
2,257
1,73*1
10,743
2,006
3,375
5,310
2,037
5,842
1,839
3,lUl
^,508
10,284
3,981
5,148
6,760
3,739
2,697
4,194
5,163
U.S. Governcounts and
Federal
Reserve
banks
335
293
7,642
445
244
2,958
127
2,638
291
18 1
893
5,505
l,V78
1,652
4,449
2,857
716
1,466
2,785
Insurance companies
5,712
^93
commer mutual
cial
savings
banks
banks
2/
2/
933
503
1,010
73^
1,455
26
1,337
16
1,263
820
1,636
2,036
57
27
73
1,026
2,405
988
1,6 16
848
33b
44
44
45
45
38
h3
176
76
97
42
2
2
*
4
2
2
*
5
*
*
2
28
54
18
50
64
57
1
.
*
2
1
-
16
b7
42
8
11
2
_
2
-
751
1,222
1,071
738
10
36
7
17
17
14
3
1
2
2
101,227
40,631
26,872
1,2 6 1
180
1,219
1,235
1,951
2,568
2,805
208
121
115
234
39^
357
2,760
530
323
565
584
469
5
19
12
23
37
21
9
19
17
70
9
l4
19
12
20
30
25
33
2,263
35
72
3^
33
3^
30
3b
620
609
999
784
948
1,021
859
903
1,484
1,809
1,317
1990...........
1995...........
1998 ........
Total. Treasury bonds .........
892
22
76
24
222
11,930
13,731
Total marketable public
debt securities..................
247,713
79,233
50,917
Footnotes at end of Table TS0-6.
life
12
3
9
3
5
6
2
1
2
*
1
-
2,344
2,579
3,894
M^5
3,127
3,581
2,239
1,213
1,5^2
2,593
1,904
1,074
3,809
248
1,554
4,727
1,253
3,999
58,563
1989-94......
456 fire,
casualty,
and
marine
290
586
612
691
442
204
773
706
197
1,208
69
506
1,133
152
1,266
605
7^
87
214
143
55
148
38
31
66
79
71
74
18
28
26
21
^5
33
270
123
12
19
114
4
21
150
261
212
139
30
83
2
29
40
13
30
22
4l
3
35
14
32
26
69
36
78
68
9
70
64
28
State and local
governments
488
savings 469
187
and loan corpo
pension
associa rations 316
general
and r e
tions
funds
tirement
funds
19
26
35
71
33
70
8
^3
16
53
71
287
82
186
74
18
47
11
17
33
17
10
20
22
21
110
152
360
96
26
97
35
75
17
84
37
21
13
33
36
57
95
105
34
4
_
24
33
80
116
186
79
155
85
11
78
51
4o
25
1
*
1
*
1
-
64
6
8
7
4
5
4
9
9
*
-
916
1,359
860
2,3*6
25
31
11
20
37
56
46
66
87
91
84
^5
149
104
39
77
51
29
22
107
67
136
123
111
123
66
75
139
7
*
1
5
35
*
2
169
45
*
2
2
1
4
*
8
5
1
1
69
65
70
65
46
72
149
140
119
98
53
30
33
-
128
157
124
131
71
17
36
85
70
86
137
28
18
_
_
.
*
*
-
199
71
73
113
63
100
213
84
48
l4l
3
4
1
8
3
3
*
4
2
1
2
15
7
27
26
1
8
7
3
8
-
Held by
all
other
inves
tors l/
782
660
1,6 18
Memorandum:
Held by
37,043
corporate
pension
trust
funds 4/
31
18
1,285
42
13
27
25
8
13
6
19
30
37
84
37
1,287
7
11
27
552
1,^33
1,049
491
1,709
620
1,044
1,3^2
1,519
1,077
1,152
489
9*+7
1,070
16
3b
4
8
36
*
*
*
*
*
_
*
-
153
26,652
664
8
7
4
21
6
9
22
13
31
37
424
587
527
1,104
974
3
1
7
3
24
10
13
27
44
37
-
3b
62
48
133
183
171
71
59
505
32
667
19
26
16
8
8
11
8
26
823
798
762
1,138
1,359
704
1,091
606
391
28
26
18
1,312
34
659
2,953
1,562
1,683
1,003
2,369
2,536
19,484
9
6
35
14
1
100
7
10
14
4
4
446
2,745
3,307
2,759
3,263
3,057
8 ,111
3,093
91,228
1,845
61
382
685
60
44
26
190
15
37
81
17
27
9
_
2
608
904
307371
1,226
84
399
1,707
864
36
103
l4
63
*
1
4
*
102
63
60
232
1,726
74
205
386
400
T r e a s u r y Bulletin
12
.TREASU RY SURVEY OF OWNERSHIP, DECEMBER 31, 1970.
Table TSO-4. - Interest-Bearing Nonmarketable Public Debt Securities by Type
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Type
Total
amount
outstand
ing 1/
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
488
savings 469
and loan corpo
associa rations
tions
State and local
governments
Held by
all
other
inves
tors 2/
Memorandum:
Held by
37,043
corporate
pension
trust
funds ij
5,712
commer
cial
banks
2/
**93
mutual
savings
banks
2/
*
*
-
-
*
*
*
1
*
*
*
1
*
1
44,817
7,022
149
*
*
-
-
*
*
______ 1
*
_____ 1
1
51,839
149
_
-
-
-
-
-
-
-
-
-
1,8 5 1
150
618
-
-
_
-
.
-
-
-
.
-
2,457
•
_
.
31
_
-
27
.
-
9
-
*
-
44
-
58
-
24
9
100
150
42
3
-
31
27
9
*
44
58
7,298
31
28
10
1
45
J8
59,137
456 fire,
casualty,
and
marine
290
life
187
4
pension
316
general and re
funds
tirement
funds
g
Series E j>/................
Series H.7..................
100
U.S, savings .bonds;
7,025
Total U.S. savings bonds....
Other U.S. securities:
Certificates of indebtedness
Foreign Series...........
Foreign Currency Series...
Treasury certificates......
Treasury notes:
Foreign Series...........
Foreign Currency Series...
Depositary bonds...........
Treasury bonds:
Foreign Series...........
Foreign Currency Series...
R.E.A. Series............
Investment Series B ......
Other.....................
U.S. retirement plan bonds••
O'.ST. savings notes..........
Total other U.S. securities*.
Total nonmarketable public
debt securities.............
1,851
150
618
1,2 16
_
_
-
_
24 (/
_
-
2k
_
.
_
.
22
_
_
-
_
_
7
-
2,457
24
_
9
2,370
150
42
2,071
-
682
-
9,591
2,071
47*
V
7
61,434
2,071
476/
7
...
Footnotes at end of Table TS0-6.
J
.
1,2 16
682
________ 3 _
152
.
Table TSO-5. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Issue
Total
amount
outstand
ing 1/ 8/
U.S.
ment ac
counts and
Federal
Reserve
banks
Export-Inrport Bank:
d .15% Apr.
1973 (Debentures).
Participation certificates.....
400
1,482
-
Total...........................
1,882
Tennessee Valley Authority:
Short-term notes......... ......
8$
June 1974 (Bonds)........
8-3/4 June 1975 (Bonds)........
4.40 Nov. 1985 (Bonds)........
4-5/8 July 1986 (Bonds)........
4-1/2 Feb. 1987 (Bonds)........
5.70 May 1992 (Bonds)........
6-3/8 Nov. 1992 (Bonds)........
8-1/4 Oct. 1994 (Bonds)........
9
Mar. 1995 (Bonds)........
9-1/4 June 1995 (Bonds)........
493
mutual
savings
banks
2/
456 fire,
casualty,
and
marine
290
life
State and local
governments
488
savings 469
187
and loan corpo
316
pension
associa rations general and re
tions
funds
tirement
funds
*
Memorandum:
Held by
37,043
corporate
pension
trust
funds
128
24
54
2
2
4
17
19
39
20
19
150
81
205
696
*
11
-
551
77
3
21
58
20
169
81
901
11
476
68
60
59
96
26
23
_
38
77
30
14
7,230
2,211
1,057
339
47
278
144
68
286
815
1,984
182
491
100
50
50
50
45
70
83
20
5
*
6
2
*
*
*
35
1
1
99
1
*
1
*
_
*
32
27
28
252
83
35
10
19
14
48
43
79
86
33
701
*
*
_
1
1
*
2
1
*
*
*
3,617
216
_
_
_
_
_
_
3
2
3
11
-
total ................................
50
1,16 6
*
*
*
1
1
*
1
*
83
31
39
18
5
50
1
100
1
5
138
Total Government agency securities
covered in survey................
10,754
2,361
1,699
515
165
331
275
89
593
1,111
Footnotes at end of Table TSO-6.
Held by
all
other
inves
tors 2/
422
Federal Housing Administration:
Government National Mortgage
Association:
Participation certificates.....
Insurance companies
5,712
commer
cial
banks
2/
60
100
100
_
1
*
*
6
4
3
2
3
11
12
1
1
1
*
*
3
_
1
2
_
_
*
1
*
-
-
-
_
_
-
16
12
16
8
73
February 1971
.T R B A 8U R Y 8URVBY OP OW NERSHIP, DECEMBER 31,1970.
Table TSO-6. - (Memorandum) Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing
Issue
Banks fo r
7.05$
7-1/4
7.10
6.70
5.70
7.30
cooperatives:
Jan.
1971
Feb.
1971
A pr.
1971
May
1971
June 1971
Oct. 1973
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
T o t a l..........................................................
Federal home loan banks:
Jab: ------ 1971
(Bonds ) .....
6.60
Feb. 1971
(Bonds).....
8
Feb.
1971
(Bonds).....
7.70
Mar. 1971
(Bonds).....
7-1/4
Apr. 1971
(Bonds).....
8-3/8
Apr. 1971
(Bonds).....
7
May
1971
(Bonds).....
8.20
May
1971
(Bonds).....
8.45
June 1971
(Bonds).....
7.50
J u ly
1971
(Bonds).....
7.65 Aug. 1971
(B ond s).....
7.35
Sept. 1971
(Bonds)
8.20
Nov. 1971
(Bonds)
8.20
Feb. 1972
(Bonds)
8.20
Feb. 1972
(Bonds'
8.15
May
1972
(Bonds
7-3/8
Nov. 1972
(Bonds
8.35
Feb. 1973
(Bonds
7.20
Aug. 1973
(Bonds
8.40
Jan. 1974
(Bonds)
8.40
Feb. 1974
(Bonds).....
7.65
Aug. 1974
(Bonds).....
8
Nov. 1974
(Bonds).....
8.05
May
1975
(Bonds).....
7.95
Aug. 1975
(Bonds).....
6 -l/ 2 Nov.
1975
(Bonds).....
7.75
Feb.
1980
(Bonds).....
7.80
Oct. 1980
(Bonds).....
7.10
Nov. 1972
FHIMC
(Mtg. Backed Bonds
8.60
Nov. 1995
FHLMC 9/
(Mtg. Backed Bonds
T o t a l..........................................................
Federal intermediate c re d it banks:
(Debentures
Federal land banks:
4-1/8* Feb. 1967-72 (Bonds)
6.80
Feb. 1971
(Bonds)
7.35
A pr. 1971
(Bonds
8 -l/ 2
Apr. 1971
(Bonds
3-1/2 May
1971
(Bonds
8.15
J u ly 1971
(Bonds
8.45
J u ly 1971
(Bonds
6
Oct.
1971
(Bonds)
5.70
Feb. 1972
(Bonds)
8.20
J u ly 1972
(Bonds)
3-7/8
Sept. 1972
(Bonds'
8.35
Sept. 1972
(Bonds
5-7/8
Oct. 1972
(Bonds
7.95
Jan. 1973
(Bonds
4-1/8
Feb. 1973-78 (Bonds
7.95
J u ly 1973
(Bonds
8.45
J u ly 1973
(Bonds
7.80
Oct. 1973
(Bonds
4-1/2 Feb.
1974
(Bonds
7.30
A pr. 1974
(Bonds)
8-3/8 Jan.
1975
(Bonds)
4-3/8
A pr. 1975
(Bonds)
5
Feb.
1976
(Bonds)
5-3/8
J u ly 1976
(Bonds)
5-1/8 A pr.
1978
(Bonds)
5
Jan.
1979
(Bonds)
T o ta l..................................................
Footnotes at end of table.
U.S. Govern
ment a c
counts and
Federal
Reserve
banks
294
394 10 /
268
339 1
37010 1
100
1,765 10j'■
*
_
*
Insurance companies
5,712
commer
cial
banks
2/
75
89
56
63
73
58
415
493
mutual
savings
banks
2/
6
12
State and local
governments
488
456 fire, savings
187
316
casualty, and loan 469
corpo general pension
associa
and
and r e
rations funds
tions
marine
tirement
funds
290
life
*
1
7
9
5
3
40
1
_
.
_
1
*
1
1
1
4
12
11
34
-
15
11
20
-
32
1
-»
-
21
52
61
149
33
11
2
1
3
*
2
*
10
24
12
13
16
32
32
5
*
*
*
1
12
*
*
1
*
*
*
*
4
l
465
123
307
528
256
174
227
4
4
3
7
1
22
10
2
7
10
19
11
5
3
1
-
7
9
8
14
10
_
.
_
.
_
_
_
.
_
_
_
.
_
_
.
-
66
37
58
134
67
46
53
86
110
16
65
19
108
91
44
24
19
11
14
175
-
33
2
-
i4o
-
4
9
*
1
10,504
-
1,918
407
10
104
-3
57
165
3
1
_
*
2
*
1
*
*
13
*
1
12
6
3
1
5
1
7
600
200
400
850
4oo
250
350
500
650
500
650
4oo
250
200
300
200
250
350
450
300
250
185
239
265
300
350
350
200
446
230
442 10 '
109
337 I
200
407 10/
148 I
350107
198 |I
30010 r
155
354 10/
220
45
24
31
9^
50
177
36
19
16
10
15
12
11
6
19
54
19
10
9
15
5
42
59
3
19
26
60
020
M 5 7 as t
72
431
225 10 /
300
60
270
232
131
74
29
5
9
34
l4
5
10
13
.
_
_
3
-
-
200
123
150
150
43710
.
.
.
.
6,54710jf
1
3
12
54
42
62
4
27
32
106
55
98
16
70
38
103
19
96
31
62
18
114
24
2
9
11
15
1
11
3
20
12
27
2
13
8
27
8
19
3
17
5
12
3
1
*
*
_
1
2
_
_
*
_
-
2
1
2
*
_
3
-
3
1
2
12
3
9
1
1
*
14
1
*
2
2
1
11
3
1
3
1
-
2
1
*
4
1
4
8
3
2
*
6
4
10
*
1
2
6
2
2
2
8
14
4l
15
6
3
4
3
13
1
6
8
4
4
5
8
14
1,18 3
268
33
ill
28
10
*
(Continued on following page)
61
19
13
18
47
61
23
10
19
19
14
10
31
38
20
27
2
1
18
14
6
4
2
2
38
Held by
all
other
investors 3 /
65
13
11
68
32
8
23
16
25
58
30
13
14
8
10
IP
6
3
4
5
2
122
212
168
229
228
35
994
328
432
300
386
Memorandum:
Held by
37,043
corporate
pension
trust
funds 4/
*
2
*
*
1
*
5
6
7
16
27
36
2
9
1
10
17
8
247
178
101
2
4
232
129
130
229
209
238
15 1
109
160
127
165
163
1
1
2
1
1
3
3
2
1
1
2
3
4
8
3
21
51
21
19
3
2
10
1
1
*
4
2
-
10
-
2
*
127
20
11
-
-
5
110
11
793
151
436
26
6,659
209
122
421
4
2,018
35
6
28
4
8
4
10
4
7
40
10
20
2
5
*
15
*
*
10
*
*
8
*
43
297
115
101
315
3
4
2
5
2
1
3
3
l
3
4
3
2
2
11
1
l
2
5
2
2
5
7
5
6
2
4,268
86
45
30
4l
1
16
_
7
2
18
*
1
2
1
2
32
8
1
18
3
3
17
*
9
1
9
1
16
*
1
3
16
9
l
2
1
1
11
149
4
3
7
26
4
8
16
5
10
8
6
7
4
3
10
10
5
40
6
9
10
21
139
299
-
6
2
2
16
*
_
16
*
-
*
6
*
*
8
7
9
7
6
96
212
116
162
209
30
214
186
262
108
280
56
240
119
247
84
199
159
208
102
193
155
95
90
T r e a s u r y Bulletin
________ TREASURY SURVEY OP OW NERSHIP, DECEMBER 31, 1970__________________________ _
Table TSO-6. - (Memorandum) Securities Issued by Government-Sponsored Agencies
and the District of Columbia - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Issue
Federal National ..Mortgage .Association:
Discount notes
Feb.
8.75#
1971 (Debentures)..
Mar.
6
1971 (Debentures)..
Apr.
8.75
1971 (Debentures)..
8.20
May
1971 (Debentures)..
June
6.85
1971 (Debentures)..
July
8.60
1971 (Debentures)..
4-1/8
Aug.
1971 (Debentures)..
Aug.
7-3/8
1971 (Debentures )..
Aug.
8.05
1971 (Debentures)..
4-1/2
Sept. 1971 (Debentures)..
Sept. 1971 (Debentures)..
5-3/*
Oct.
8.45
1971 (Debentures)..
Nov.
6.85
1971 (Debentures)..
8-1/8
Dec.
1971 (Debentures)..
Feb.
5-1/8
1972 (Debentures)..
Mar.
1972 (Debentures)..
6-3/*
Mar.
8.70
1972 (Debentures)..
June
*-3/8
1972 (Debentures)..
June
8.70
1972 (Debentures)..
7.40
Sept. 1972 (Debentures)..
8.40
Sept. 1972 (Debentures)..
7.20
Dec.
1972 (Debentures)..
8
Dec.
1972 (Debentures)..
Mar.
7.30
1973 (Debentures)..
Mar.
8.30
1973 (Debentures)..
4-1/4
June
1973 (Debentures)..
June
8.35
1973 (Debentures)..
Sept. 1973 (Debentures)..
8.10
Dec.
5-3/*
1973 (Debentures)..
Mar.
7-3/*
197* (Debentures)..
June
7.90
197* (Debentures)..
Sept. 197* (Debentures)..
7.85
Mar.
7.55
1975 (Debentures)..
Sept.
7.50
1975 (Debentures)..
*-3-/2
Feb.
1977 (Debentures).,
June
6-3/8
1977 (Debentures)..
Oct.
6
1973 (Capital
Debentures)..
8
Apr.
1975 (Capital
Debentures)..
June
8-1/8
1971 (Mtg. Backed
Bonds)......
7-1/2
Oct.
1972 (Mtg. Backed
Bonds)......
June
8-3/8
1975 (Mbg. Backed...
Bonds)......
Oct.
8-5/8
1990 (Mbg. Backed
Bonds)......
Total.
District of Columbia:
1970-79 (Bonds)....
*.20%
Dec.
1/
Total
amount
outstand
ing
U.S. Govern
ment a c
counts and
Federal
Reserve
banks
198
250
*
*
*
*
-
250
2,905
*00
350
500
*00
250
Insurance companies
5,712
commercial
banks
£/
*93
mutual
savings
banks
2/
15*
72
81
60
21
115
17
13
80
9
*56 fire, savings *69
casualty, and loan
290
life
10
-
1
-
1
1*
-
1
1,363
269
194
282
257
163
15
6
5
3
2
2y
17
*
6
_
137
6
16
-
*
15
2
1
*
137
1
13
1
_
_
2
1
89
4
*0
50
-
*5
10
*
*
12
9
6
*
318
56
-
16
6
-
*
10
3
7
6
202
27
-
29
150
-
*00
250
250
300
350
18
18
1
1
1
-
*00
5
23
27
44
3
200
300
500
350
21
12
*
_
20
300
200
*00
*00
200
*50
250
1*6
350
31
1,027
6
3
36
17
10
_
6*
98
250
200
100
5
5
116
12
2*
22
*
*
6
_
-
500
12
78
20
16
Memorandum:
Held by
37,043
corporate
pension
trust
funds 4/
20
22
*0
7
17
11
102
19
101
500
350
32
5
Held by
all
other
investors 3/
1
*
7
*
1
1
6
1
4
*
*
*
_
*
3
3
10
6
2
*
10
_
31
5*
9
31
9
8
22
7
9
63
200
250
96
350
187
pension
corpo 316
general and r e
associa
rations
funds
tions
tirement
funds
and
marine
2
*
1
2
*
1
*
2
*
2
*
1
1
2
1
3
*
*
6
8
-
*00
State and local
governments
*88
26
9
66
9*
52
98
3
*3
22
1C
*9
25
56
98
22
196
35
15
50
53
186
89
103
32
1**
17
2
13
7
*
2*
*9
22
30
5
1*
1*
9
22
9
27
16
2
21
6
10
36
26
11
15
35
2
*
1
*
6
13
1
10
7
2
3
2
2
9
5
*
12
6
*
3
1
*
5
5
1
1
5
1
*
9
24
4
8
4
2
10
*3
16
V
*
6
3
7
22
9
27
27
1*
28
26
5
36
25
30
*6
*0
2
1
6
1
7
30
*
22
21
1
25
5
10
2
*
5
2
7
*
12
2
1*
2
12
5
5
38
11
16
35
*
7
6
*
22
22
12
9
7
5
5
10
32
4
10
13
282
4l
135
201
*9
179
288
213
278
70
152
1*7
50
177
131
267
239
1*8
191
175
98
189
177
2*8
184
212
176
87
16 1
121
123
1
3
2
1
9
*
l
7
8
5
*
1
1
2
2
1
1
*
2
1
5
3
*
2
*
2
3
*
*
*
7
200
-
*
1*
1
*
9
2,57*
720
60
186
375
3
1,613
157
*
7
846
10
15,206
124
8,703
267
20
-
*
*
*
1
6
-
1
3
6
*
Securities issued by Treasury and Government agencies that are
classified as debt under the new unified budget concept. For debt
subject to limitation, see Table FD-9.
2/ Excludes trust departments.
2/ Included with all other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and local government funds not reporting in the Treasury Survey. Also included are cer
tain Government deposit accounts and Government-sponsored agencies.
*/ Consists of corporate pension trust funds and profit sharing plans
which involve retirement benefits. The data are compiled from
quarterly reports by bank trustees who report total number of funds
administered and Public Debt and Agency Securities held. It is
estimated that these funds account for approximately 90 percent of
Federal Securities held by all corporate pension trust funds. Since the
data are not available each month, the regular monthly Survey includes
holdings by these funds under "Held by all other private investors."
The quarterly data are presented as supplemental information in a
memorandum column accompanying the Survey for each reporting date,
beginning with December 31, 1953.
5/ United States savings bonds, Series E, are reported to the Treasury
Survey at maturity value but have been adjusted to current redemp
tion value for use in this table.
6/ Includes $12 million depositary bonds held by comoercial banks not
included in the Treasury Survey.
7/ Includes Export-Import Bank and Government National Mortgage
Association participation certificates.
8/ Includes matured securities outstanding on which interest has ceased.
2/ Obligation of the Federal Home Loan Mortgage Corporation. The capital
stock of the Federal Home Loan Mortgage Corporation is held by the
twelve Federal Home Loan Banks.
10/ Includes securities issued for use as collateral for short-term
borrowings.
*
Less than $500,000.
February 1971
75
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1970
The tables which follow report the security holdings of
those commercial banks included in the Treasury Survey of Own
Commercial bank ownership was first published in the May
1944 issue of the ’
’
Treasury Bulletin”based on the Survey date
ership by type of bank and by type of security.
for December 31, 1943.
The figures in
It has appeared at semiannually or
the columnar headings indicate the number of reportirg banks in
quarterly intervals since that time and is now being published
each class.
for the June 30 and December 31 Survey dates.
Table TSC-1. - Summary of Interest-Bearing Public Debt Securities
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
5,712
commercial
banks l/
Classification
Interest-bearing public debt securities:
Marketable.......................... .............
Nonmarketable....................................
Total interest-bearing public debt securities....
178 Reserve city
3,468
member
banks
12
New York
City
9
Chicago
157
other
3,290
country
2,244
nonmember
banks
50,917
47 2/
42,349
27
6,342
2,152
15,121
5
18,735
23
8,569
7
50,964
42,375
6,342
2,152
15.125
18,757
8,575
Footnotes at end of Table TSC-6.
Table TSC-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
5,712
commercial
banks 1/
3,468
member
banks
10,314
26,872
13,731
50,917
8,878
21,540
11,931
42,349
1,951
2,617
1,775
6,342
844
815
492
3,619
6,742
4,760
2,152
Total..........................................
21,348
24,543
4,561
55
312
98
50,917
17,820
20,401
3,746
43
260
79
42,349
2,628
3,157
497
7
36
17
6,342
Maturity classes (final maturity):
Within 1 year..................................
1 to 5 years...................................
5 to 10 years..................................
10 to.15 years.................................
15 to 20 years.................................
20 years and over..............................
19,208
26,609
4,473
217
150
260
15,925
22,230
3,670
184
137
201
Total..........................................
50,917
42,349
2,519
3,269
495
10
9
43
6,432
Classification
By type seciyrity:
Issued by U.S. Government:
Treasury bills.................................
Treasury notes.................................
Treasury bonds.................................
Total..........................................
By_mturi.ty distribution:
Call classes (due or first becoming callable):
Within 1 year..................................
1 to 5 years...................................
5 to 10 years..................................
10 to 15 years.................................
15 to 20 years.................................
20 years and over..............................
Footnotes at end of Table TSC-6.
178 Reserve city
12
New York
City
9
Chicago
157
other
3,290
country
2,244
nonmember
banks
1,436
5,333
1,800
15,121
2,465
11,366
4,904
18,735
1,173
717
255
1
4
1
2,1.52
6,747
6,923
1,302
15
117
16
15,121
7,271
9,605
1,692
20
102
45
18,735
3,528
4,142
814
12
52
19
8,569
1,072
819
255
1
1
4
2,152
5,916
7,719
1,261
91
60
73
15,121
6,424
10,423
1,659
81
67
81
3,282
4,379
803
33
13
59
18,735
8,569
8,569
76
T r e a s u r y Bulletin
______________ .TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1970
-
Table TSC-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in millions of dollars)
Federal Reserve member banks
Issue
Mils;
Regulai "weekly and annual maturing:
Jan.
1971...........................
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Tax anticipation:
Mar.
Apr.
June
Total Treasury bills
Treasury notes:
Feb.
5-3/0*
Feb.
7-3/4
May
5-1/4
May
8
Aug.
8-1/4
Nov.
5-3/8
Nov.
7-3/4
Feb.
4-3/4
Feb.
7-1/2
May
4-3/4
May
6-3/4
May
7-3/4
8-1/8
Aug.
Feb.
7-3/4
May
7-1/4
Aug.
5-5/8
Nov.
5-3/4
Feb.
5-3/4
6
May
6-1/4
Feb.
6-1/2
May
Aug.
7-1/2
8
Feb.
Aug.
7-3/4
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr!
1-1/2
Oct.
Total Treasury notes..
Treasury bonds:
2-1/2%
Mar.
June
2-1/2
2-1/2
Sept.
2-1/2
Dec.
4
Aug.
3-7/8
Nov.
4
Feb.
4
Aug.
4
Aug.
U-l/8
Nov.
U-l/8
Feb.
May
3-7/8
Nov.
4-1/4
May
June
3-1/4
4
Feb.
3-1/2
Nov.
May
3-1/4
4-1/4
Aug.
4
Feb.
4-1/8
May
Feb.
3-1/2
Feb.
3
3-1/2
Nov.
Total Treasury bonds..
Held by
5,712
commercial
banks l/
1,046
1,130
1,744
1,221
451
1,16 0
570
278
352
99
239
131
477
365
1,050
10,314
1971-D.........................
1971-A....................... ...
1971-E.........................
1971-F.........................
1971-G.........................
1972-A.........................
1972-C.........................
1972-B.........................
1972-D.........................
1973-B....................... ..
1974-C.........................
1974-D.........................
1974-B.........................
1974-A.........................
1975-A.........................
1975-B.........................
1976-A.........................
1976-B.........................
1976-C.........................
1977-A.........................
1977-B.........................
1971-EA........................
1971-EO........................
1972-EA........................
1972-EO........................
1973-EA........................
1973-EO........................
1974-EA........................
1974-E0........................
1975-EA.
1975-EO........................
l,04l
839
842
1,316
933
503
1,010
734
1,455
1,026
1,337
1,263
820
1,636
2,036
2,405
988
1,6 16
848
334
751
1,222
1,071
738
10
36
7
17
17
14
3
1
2
2
26,872
1966-71 ........................
1967-72........................
1967-72........................
1967-72........................
1973........................ .
394
357
999
784
948
1,021
859
903
1,484
1,809
1,317
1975-85........................
1978-83........................
1985...........................
1987-92........................
1988-93........................
1989-94........................
1990...........................
1995...........................
Total marketable public debt securities.................
Footnotes at end of Table TSC-6.
1,266
605
74
87
214
143
55
148
2
12
178 Reserve city
3,468
member
banks
12
New York
City
791
863
1,427
1,027
364
1,004
551
262
345
91
216
128
456
326
1,026
8,878
833
622
599
991
731
394
842
639
1,237
790
1,229
898
657
1,257
1,692
1,994
764
1,278
652
228
568
1,011
915
627
9
28
7
14
13
2
1
1
2
21,540
362
314
872
709
772
865
740
760
68
104
358
101
27
54
48
38
29
11
15
45
68
158
194
75
19
170
228
104
548
84
46
114
21
39
24
1,951
844
3,619
2,465
1,436
110
33
25
70
83
32
77
96
147
112
15
4
8
37
222
196
84
327
285
74
307
207
554
486
389
481
557
345
208
217
243
287
109
169
60
409
190
69
13 1
10
3
268
5
49
155
224
364
i4o
610
173
195
397
525
61
26
79
90
206
296
26
50,917
42,349
6,342
-
10 1
48
20
4
13
*
*
10
9
1
3
*
*
1
*
*
434
329
477
508
307
714
372
681
792
316
194
87
156
19
16
7
8
23
3
326
202
95
218
236
107
365
162
380
2
*
*
*
_
*
6,742
11,366
5,333
213
112
405
315
105
150
384
313
473
383
336
339
487
597
32
44
127
75
176
155
15
42
40
21
12
93
23
35
30
9
43
1
4o
28
226
255
267
222
6
13
7
6
6
815
*
*
*
*
1
2
2,617
16
502
404
442
344
117
345
4il
224
338
195
107
183
210
156
111
1
8
*
*
3
702
*
*
*
*
*
*
11,931
61
31
44
6
40
23
151
44
10
42
10 1
-
102
*
*
*
22
76
13,731
150
60
97
164
65
159
7
1
*
26
l84
*
*
9
2
15
1,775
2
10
137
18
l
24
7
286
16 1
4l
2
163
351
43
1
2
11
10
7
110
18
516
136
324
211
249
132
34
137
334
299
295
3
15
*
11
8
13
*
*
*
*
60
190
1,18 8
76
195
127
43
nonmember
banks
149
272
574
294
65
157
other
72
83
54
66
51
45
27
58
21
6
97
2
1,312
1,101
533
9
Chicago
2,2kk
3,290
country
261
310
292
179
429
617
625
375
239
36
40
102
61
15
53
1
3
883
482
797
464
191
366
465
296
1
380
371
238
29
33
73
47
20
29
1
1
118
143
173
251
129
165
72
9
11
19
16
12
38
*
2
13
492
13
4,760
1
6
67
12
33
4,904
16
1,800
2,152
15,121
18,735
8,569
60
4
4
F e b r u a r y 1971
77
TREASURY SURVEY • COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1970 _
_
_
_
_
Table TSO-4. - Interest-Bearing Nonmarketable Public Debt Securities by Type
(Pax values - in millions of dollars)
Federal Reserve member banks
178
Held by
5,712
commercial
banks l/
Issues
3,468
member
banks
12
New York
City
Reserve city
9
Chicago
3,290
country
157
other
2,2kk
nonmember
banks
U.S. savings bonds:
-
-
-
-
-
-
-
Total U.S. savings bonds.....................
-
-
-
-
-
-
-
Other U.S. securities:
Certificates of indebtedness:
Foreign Series.............................
Foreign Currency Series....................
Treasury certificates........................
Treasury notes:
-
-
-
-
-
_
_
_
_
-
-
-
-
-
11
-
-
_
2
_
8
_
1
_
-
-
_
_
-
-
-
2
-
-
-
_
1^
-
_
-
6
-
Depositary bonds.............................
Treasury bonds:
Foreign Series.............................
R.E.A. Series..............................
Total other U.S. securities..................
2k 2/
-
22
-
17
-
•
-
-
-
-
-
-
-
-
47 3/
27
-
-
5
23
7
47 l!
27
-
-
5
23
7
Footnotes at end of Table TSC-6.
Table TSO-5. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
Federal Reserve member banks
Issues
Export-Import Bank:
0.15* Apr. 1973 (Debentures)..................
Held by
5,712
commerical
banks l/
178 Reserve city
3,k68
member
banks
12
New York
City
9
Chicago
157
other
3,290
country
292kk
nonmember
banks
128
k22
93
3^7
k2
2
2
9
12
120
77
176
36
75
551
1*0
kk
12
131
253
111
60
45
7
-
•4
33
16
1,057
86U
67
8
3^1
kk7
19^
20
5
3
*
*
*
1
1
*
1
*
18
k
3
*
*
*
1
1
*
*
*
2
*
*
*
*
*
*
*
-
*
-
11
*
*
*
*
-
5
8*
June 197 ^ (Bonds)......................
8-3A
June 1975 (Bonds)......................
U.UO
Nov. 1985 (Bonds)......................
U-5/8 July 1986 (Bonds)......................
k-l/2 Feb. 1987 (Bonds)......................
5.70
May 1992 (Bonds)......................
6-3/8 Nov. 1992 (Bonds)......................
8-l/k Oct. 199^ (Bonds)......................
9
Mar. 1995 (Bonds)......................
9-l/k June 1995 (Bonds)......................
*
*
*
*
1
*
*
*
2
1
*
*
*
1
*
Total..........................................
31
27
2
*
12
13
k
1,699
1,375
120
20
489
745
32k
Total..........................................
Federal. Housing Administration:
Government National Mortgage
Association:
Tennessee Valley Authority:
Total Government agency securities
Footnotes at end of Table TSC-6.
*
-
k
3
T r e a s u r y Bulletin
78
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31,
Table TSO-6. - (Memorandum) Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
5,712
commercial
banks 1/
Issue
Banks for
7.B9?
7-1/4
7.10
6.70
5.70
7.30
cooperatives:
Jan!
WrT~
Feb.
1971
Apr.
1971
May
1971
June 1971
Oct.
1973
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
Total.
Federal home loan banks:
1971
8-5/0* Jan.
6.60
Feb.
1971
Feb.
8
1971
Mar.
7.70
1971
Apr.
7-1/4
1971
Apr.
8-3/8
1971
May
1971
7
8.20
May
1971
June
8.45
1971
July
7.50
1971
Aug.
1971
7.65
Sept. 1971
7.35
8.20
Nov.
1971
Feb.
8.20
1972
Feb.
1972
8.20
May
1972
8.15
Nov.
1972
7-3/8
Feb.
1973
8.35
Aug.
7.20
1973
8.40
Jan.
1974
8.40
Feb.
1974
Aug.
1974
7.65
Nov.
8
197*
May
8.05
1975
Aug.
1975
7.95
6-1/2
Nov.
1975
1980
Feb.
7.75
1980
7.80
Oct.
FHIMC ~2/
Nov.
1972
7.10
(Mtg. Backed Bonds)....
FHLMC! 2/
Nov.
8.60
1995
178
3,*68
member
banks
12
New York
City
75
89
56
63
73
58
63
70
4l
50
55
31
2
3
10
11
19
415
340
76
66
37
58
134
45
25
36
101
53
32
38
65
89
46
102
67
46
53
86
110
65
131
74
29
45
24
31
94
50
177
26
5*
19
42
59
60
108
91
44
33
4
62
52
20
30
17
25
82
4o
15 1
16
29
1
5
5
2
*
*
3
10
2
34
158
Total..........................
Footnotes at end of table.
18
10
8
l4
4l
1,183
823
ia
114
24
28
21
13
22
33
14
14
15
21
21
3*
71
4l
70
12
45
27
71
17
70
19
37
1*
90
14
22
6
5
11
30
62
26
18
446
8
36
27
45
4
l4
96
31
11
6
11
37
9
3
9
10
23
20
45
14
4
3
2
5
45
6
66
2
3
56
12
54
42
70
38
103
75
4
95
16
177
*
671
55
98
75
1
920
106
32
24
13
19
15
14
ll
3
30
Federal intermediate credit banks
(Debentures)...................
16
25
35
16
21
55
33
21
25
4l
38
24
50
31
13
26
15
16
27
32
50
14
26
13
19
32
27
*3
20
16
19
29
23
10
15
7
6
12
11
26
10
24
6
10
17
i4
17
8
4
3
16
2
788
383
3
29
19
22
2
14
16
l
1
8
8
l
1
*
18
3
3
1
1
1
8
1
2
(Continued on following page)
26
13
4
5
1
73
2,244
nonmember
banks
19
51
25
8
1
25
2
3,290
country
11
14
9
11
19
10
1
12
1
3
22
2
6
l,*73
4
27
32
157
other
14
32
42
46
91
83
40
1,918
62
13
13
28
Total..........................
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds):.
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
(Bonds)
9
Chicago
2
2
10
8
3
184
Federal land banks:
4-1/8% Feb.
1967-72
6.80
Feb.
1971
7.35
Apr.
1971
8-1/2 Apr.
1971
3-1/2
May
1971
8.15
July
1971
8.45
July
1971
6
Oct.
1971
5.70
Feb.
1972
8.20
July
1972
3-7/8
Sept. 1972
8.35
Sept. 1972
5-7/8
Oct.
1972
7.95
Jan.
1973
4-1/8
Feb.
1973-78
7.95
July
1973
iB.45
July
1973
7.80
Oct.
1973
4-1/2
Feb.
1974
7.30
Apr.
1974
8-3/8 Jan.
1975
4-3/8 Apr.
1975
5
Feb.
1976
5-3/8
July
1976
5-1/8 Apr.
1978
5
Jan.
1979
Reserve city
13
445
250
4
18
16
17
*
13
14
35
l4
5
3
8
4
1
1
9
5
29
*
1
2
27
1
6
2
*
7
13
65
30
52
6
*3
35
OJL
*9
13
15
4
5
4
17
12
25
4
24
10
6
4
2
2
10
151
586
360
26
44
9
37
18
29
4
25
11
32
2
26
February 1971
79
_________________ TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31,
Table TSC-6. - (Memorandum) Securities Issued by Government-Sponsored Agencies
and the District of Columbia - (Continued)
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
5,712
commercial
banks l/
Issue
Federal National Mortgage Association:
Discount notes
Feb.
(Debentures)..........
1971
8.75%
6
Mar.
1971
Apr.
(Debentures)..........
1971
8.75
8.20
May
(Debentures)..........
1971
June
(Debentures)..........
6.85
1971
8.60
July
(Debentures)..........
1971
l*-l/8
Aug.
(Debentures)..........
1971
Aug.
(Debentures)..........
7-3/8
1971
Aug.
8.05
1971
k-l/2
Sept. 1971
(Debentures)..........
Sept. 1971
5-3/k
(Debentures)..........
Oct.
(Debentures)..........
8.1*5
1971
Nov.
(Debentures)..........
6.85
1971
8-1/8
Dec.
(Debentures)..........
1971
5-1/8
Feb.
(Debentures)..........
1972
Mar.
6-3/k
(Debentures)..........
1972
8.70
Mar.
(Debentures)..........
1972
June
1972
U-3/8
8.70
June
(Debentures)..........
1972
l.ko
Sept. 1972
8 .1*0
Sept. 1972
(Debentures)..........
7.20
Dec.
(Debentures)..........
1972
8
Dec.
(Debentures)..........
1972
Mar.
7.30
1973
8.30
Mar.
(Debentures)..........
1973
U-l/U
June
(Debentures)..........
1973
June
(Debentures)..........
8.35
1973
Sept. 1973
8.10
(Debentures)..........
Dec.
(Debentures)..........
5-3/k
1973
Mar.
197k
7-3/k
(Debentures)..........
197k
June
(Debentures)..........
7.90
Sept. 197k
(Debentures)..........
7.85
Mar.
(Debentures)..........
1975
7.55
Sept. 1975
(Debentures)..........
7.50
k-l/2
Feb.
(Debentures)..........
1977
June
(Debentures)..........
6-3/8
1977
6
Oct.
(Capital
1973
Debentures).........
Apr.
8
(Capital
1975
Debentures).........
June
(Mtg. Backed
8-1/8
1971
7 -1/2
Oct.
1972
8-3/8
June
1975
8-5/8
Oct.
1990
(Mtg. Backed
Bonds)..............
(Mtg. Backed
Bonds)...............
(Mtg. Backed
Bonds )...............
Total.,
District of Columbia:
Dec.
k.20fo
1970-79
l/
2/
(Bonds)............
151*
72
60
178
3,^68
member
banks
^3
93
31
67
21
1*0
5k
9
31
26
9
66
9k
52
98
3
^3
22
10
U9
25
56
98
22
New York
City
11*6
62
115
80
12
15
3
*
25
32
5
6
1
7
23
17
7
50
5
*
1
9
8
16
68
37
77
19
*
*
*
3
l
*
l
2
28
15
7
1*0
17
36
82
6
1
ll*
178
32
26
10
*
186
168
89
103
32
ll*l*
71*
91
23
111*
89
*
37
*
9
196
35
15
50
53
1
1
36
36
2
Reserve city
2,2kk
9
Chicago
157
other
-
107
1
3
1
1
*
*
*
*
*
*
1
2
*
*
*
*
*
*
11
1*
36
13
3
5
2
1*
10
1
15
5
1
8
*
8
3
*
1
10
2
27
*
*
*
31
*
1
*
*
6
20
26
3
2
2
72
6
1
11
3
77
3,290
country
21*
kl
nonmember
banks
37
31
8
10
16
22
13
29
1*
13
10
lk
2
8
22
6
1*
26
52
20
50
2
20
12
1*
13
9
2
16
26
15
21
1
15
6
3
9
29
13
33
^7
15
9
23
33
9
5
13
17
11
1*1*
18
8
20
8
18
26
1*8
28
19
37
12
1*2
9
30
13
2
15
*
3
2
*
5
7
1*7
33
31
7
12
1
20
18
15
10 1
19
18
86
36
21
3
22
6U
1*6
3
**
2
1*2
18
29
21
*
1
I*
16
8
13
10
-
*
1
9
3
k5
31
7
1
1*
20
13
16
13
5
*
-
8
3
*
1
102
3k
1*
1*
*
3
*
2,754
2,073
337
111
636
989
500
*
*
-
-
*
*
*
Includes trust companies and stock savings banks but excludes securities held in trust departments.
Total includes 12 million depositary bonds held by commercial banks
not included in the Treasury Survey.
3/
*
Obligations of the Federal Home Loan Mortgage Corporation. The
capital stock of the Federal Home Loan Mortgage Corporation is
held by the twelve Federal Home Loan Banks,
Less than $500,000.
T r e a s u r y Bulletin
80
.MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 29, 1971
Current market quotations shown here are over-thecounter closing bid quotations in the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
-
The securities listed include all regularly quoted public
marketable securities issued by the United States Treas
ury. Securities issued by Federal agencies and guaranteed
by the United States Government are excluded.
Table MQ-1. - Treasury Bills
Amount outstanding
(m illio n s )
13-week
$
1,830
1,803
1,801
1,901
1,903
1.901
1.901
1,910
1,904
2,002
2,003
2,002
2,002
26-week
$
1,300
1,303
1,298
1,403
1,400
1,405
1,402
1,395
1.401
1.402
l,4 o 4
1.401
1.401
1.402
1,401
1.403
i,4 o o
13-week
26-week
Amount outstanding
(m illio n s )
Bank discount
Issue date
M aturity
date
Change from
la s t month
Bid
1 1 / 5/70
u / 12/70
u / 19/70
u / 27/70
8/ 6/70
8/13/70
8/ 20/70
8/27/70
2/4/71
2/1 1/ 7 1
2/ 18/71
2/25/71
4.23#
4.17
4.13
4.13
-
.46#
.57
.63
.63
12 /3/70
12 /10/70
12 /17/70
12 /24/70
12 /31/70
1 /7/71
9/3/70
9/10/70
9/17/70
9/24/70
3/ 4/71
3/11 / 7 1
3 /18/71
3/ 25/71
4.13
4.15
4.16
4.16
-
.74
.72
.71
.70
10/1/70
10/8/70
10/15/70
10/22/70
4/1/71
4.16
4.18
4.18
4.16
4.15
4.18
4.17
4.17
4.17
-
.69
6/3/7!
6/10/71
6/17/71
6/24/71
4.20
4.20
- .71
7/1/71
7/8/71
7/15/71
7/22/71
7/29/71
4.21
4.21
4.21
4.21
4.21
-
1/14/71
1/21/71
1 /28/71
4/8/71
4/15 /7 1
4/22/71
4/29/71
10/29/70
11/5/70
11 /12/70
11/19/70
11/27/70
5/6/71
5/13 /7 1
5/20/71
5/27/71
12/3/70
1,399
1.401
1.400
l,4 o 4
12/ 10/70
1.402
1.402
1,408
1.401
12/31/70
12/17/70
12/24/70
1/7/71
1/14/71
1/21/71
1/28/71
i #4oo
9-month
$500
500
501
500
501
501
501
501
501
$ 1,003
1,200
1,201
1,200
1,200
1,201
1,202
1,204
1,202
1,201
1,201
1,201
.71
.70
.72
.74
.71
.72
.73
.73
9-month
M aturity
date
one-year
Change from
la s t month
5/3 1/7 1
6/30/71
4.18
4.20
4.24
4.24
- .70
- .65
- .66
- .67
9/30/71
10/31/71
11/30/71
12/31/71
4.20
-
1 /3 1/ 7 1
2/ 28/71
3/3 1/7 1
4/30/71
8/31/70
9/ 30/70
u / 2/70
u / 30/70
12 /31/70
5/31/70
6/30/70
7/31/70
8/31/70
9/30/70
10/31/70
u / 30/70
12/31/70
7/31/71
8/31/71
M aturity
date
Issue date
Bid
+1 . 21#
- .53
- .67
- .70
1 / 31/70
2/ 28/70
3/ 31/70
4/30/70
(millions)
Bank discount
4.23
4.15
4.18
4/30/70
6/1/70
6/30/70
7/31/70
Amount outstanding
- .71
- .70
- .69
4.21
4.21
one-year
Issue date
5.854
4.21
4.20
4.17
.63
.69
.69
.57
Bank discount
Bid
Change from
last month
Tax anticipation bills
.65
3/22/71
4/22/71
6/22/71
7/8/70
$2,517
2,261
7/23/70
10/21/70
2,515
- .70#
- .75
4.13#
4.10
4.15
- .70
Table MQ-2. - Treasury Notes
(Price decimals are 32nds)
Price
Amount
outstanding
(millions)
$2,924
2,509
Description
Bid
Price range since first traded 1/
Yield
Change
from last
month
To
maturity
Change
from last
month
5-3/8
7-3/4
4-3/4
7-1/2
4-3/4
2/15/71-D
2/15/71-C
5/15/71-A
5/15/71-E
8/15/71-F
U/15/71-B
11/15/71-G
2/15/72-A
2/15/72-C
5/15/72-B
100.02
100.00
100.16
+ .27
+1.07
4.26
4.35
- .99
5,842
1,839
3,l4l
4,507
6-3/4
7-3/4
8-1/8
7-3/4
7-1/4
5/15/72-D
5/15/73-A
8/15/73-B
2/15/74-C
5/15/74-D
102.29
+1.00
+1.16
- .88
106.08
107.12
106.25
105.14
4.40
4.83
4.99
5.30
5.42
10,284
3,981
5,148
5-5/8
5-3/4
5-3/4
100.06
100.16
+1.12
+1.0Q
+ .30
+ .31
5.57
- .43
102.12
+1.12
+
+
+
+
4,265
4,176
2,257
1,734
10,743
2,006
3,375
5,310
2,037
7-3/4#
5-3/8
5-1/4
8
8-1/4
100.13
101.07
102.05
100.30
102.25
100.18
103.08
2/
3,739
5-7/8
6-1/4
8/15/74-B
11/15/74-A
2/15/75-A
5/15/75-B
8/15/75-C
2/15/76-A
2,697
4,194
5,163
2,263
2/
6-1/2
7-1/2
8
7-3/4
6-1/4
5/15/76-B
8/15/76-C
2/15/77-A
8/15/77-B
2/15/78-A
102.24
107.05
109.19
35
72
34
33
34
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
4/1/71-EA
10/1/71-E0
4/1/72-EA
10/1/72-E0
4/1/73-EA
99.12
97.12
95.06
93.12
30
34
42
8
12
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
•E0
-EA
89.20
87 .IO
$ 5To 8
83.08
82.04
6,760
Footnotes a t e n d o f Table MQ-3.
10/1/74-E0
4/1/75-EA
10/1/75-E0
100.10
101.10
100.16
109.02
- .15
- .11
+ .05
+ .01
.00
+ .16
+ .11
+1.04
+1.12
+1.19
+1 .1 0
.22
.29
.14
.24
100.20
91.02
5.77#
5.24
3.75
3.57
4.14
4.15
4.10
4.19
5.60
5.66
5.65
5.75
5.70
5.89
5.96
6.08
6.05
+2 .89#
+3.00
- .76
-1.02
- .50
- .70
- .72
-1.09
- .95
-
.74
.63
.60
.46
- .30
- .26
- .26
- .32
-
.15
.21
.10
.14
6.14
+ .16
+ .18
+ .16
+ .12
+ .10
+ .28
5.43
5.60
5.85
5.74
5.97
+ .20
I'.H
+ .14
6.05
+ .10
+ .28
6.12
5.95
Issue
date
8/15/69
8/30/67
8/15/66
10/1/69
2/15/70
1 1 /15/66
5/15/70
2/15/67
8/17/70
5/15/67
1 1 /16/70
10/1/69
2/15/70
8/15/70
1 1 /15/70
- .05
- .01
- .26
- .13
- .06
- .01
- .17
Loir
Price
Date
Price
Date
101.03
1 /2 1/7 1
1 /2 1/7 1
99.19
96.15
95.30
99.24
100 .03^
«
100.29
103.09
101.15
102.13
104.02
103.12
101.16
103.23
100.16
4/7/67
11/23/70
11/23/70
4/ 7/67
1/21/71
4/10/67
1/21/71
1/29/71
103.01
106.08
107.14
106.25
105.14
1/21/71
1/29/71
1/29/71
1/29/71
1/29/71
8/15/68
1 1 /15/67
2/15/68
5/15/68
2/15/71
2/15/69
101.20
101.20
1/2/68
1/2/68
7/23/68
5/15/69
10/1/69
103.12
2/15/7°
8/15/70
2/15/71
- .87
- .38
- .17
High
101.06
102.28
100.28
102.12
107.10
109.28
109.10
100.28
4/1/66
10/1/66
98.28
4/1/67
10/1/67
94.22
93.00
90.24
10/1/68
4/1/69
88.24
86.22
84.26
4/1/68
10/1/69
4/1/70
10/1/70
96.26
82.30
81.08
8/2/68
95.03
99.20
92.24
100.04
91.30
100.24
99.14
100.03J
100.04
100.13!
89.22
89.22
89.18
90.24
1 /29/70
4/30/69
1 /29/70
10/1/69
3/29/70
12 /29/69
8/17/70
12 /29/69
u / 6/70
5/4/70
1 /29/70
8/10/70
10 /23/70
2/ 29/69
12 /29/69
12 /29/69
1 /30/70
1/27/71
1 /30/70
1/21/71
1/29/71
100.11
1/21/71
1/21/71
1/21/71
1 /2 1/7 1
1/21/71
92.16
97.28
99.31
99.28
1 /30/70
5/4/70
5/4/70
8/17/70
1 /27/71
12/1/70
12/31/70
12/31/70
12/31/70
12/31/70
85.03
85.12
83.18
81.20
9/21/66
10 /17/66
12 / 20/67
1/30/70
1 /30/70
3 $ $
?&£
i/3^70
1/30/70
12/31/70
12/31/70
12/31/70
74.26
73.30
1/30/70
5/29/70
76.16
10/30/70
91.20
100.11
84.16
February 1971
81
.MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 29, 1971.
Table MQ-3. - Treasury Bonds
(Price decimals are 32nds)
Price
Amount
out
standing
(millions )
Description
Bid
2,760
2.344
2- 1/ 2*
4
3-7/8
4
1,2 35
2 - 1/2
*1,219
2,805
2,579
1,951
2,567
4
1/2
2 - 1/2
2-
3,894
4
4.345
3,127
3,581
2,239
1,213
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
1,5*H
2,593
1,904
3 -1/4
4
3 -1/2
3-1/4
3 -1/2
4-1/4
4
4-1/8
3
3 -1/2
1,069
4,719
3,808
248
1,55*»
1,245
3,985
3/15/66-71
8/15/71
1 1 /15/71
2/15/72
6/15/67-72
8/15/72
9/15 /67-72
12/ 15/ 67-72
8/15/73
u / 15/73
2/15/74
5/15/74
n / 15/74
5/ 15/ 75-85
6/15/78-83
2/15/80
n / 15/80
5/15/85y
2/15/904/
8/15/87-924/
2/15/88-935/
1 1 /15 / 985 /
Price range since first traded l/
Yield
Change
from
last
month
To first
call or
maturity
1/
4.12%
Change
from
last
month
12/1/44
3/1/62
+ .01
+ .15
4.06
4.04
4.16
- .78
- .77
-1.10
97.11
99.07
96.17
95.30
97.10
+1.09
+1.14
+1.11
+1.15
+1 .1 8
4.53
*.53
4.76
4.80
5.14
-
.84
.93
97.02
96.14
+1.14
+1 .1 8
+1.13
+1.12
+3.02
5.27
5.41
5.51
-
.64
.5*
.46
.39
.37
6/1/45
9/15/62
10/20/41
1 1 /15/45
9/15/63
7/22/64
1/15/65
5/15/64
12/2/57
4/5/60
.51
.3*
.50
.48
.41
5/1/53
1/23/59
10 /3/60
6/3/58
2/14/58
.35
.3*
.32
8/ 15/62
96.08
94.06
82.06
+ .21
+1.06
5.60
6.14
+3.22
+2.06
+3.08
+3.24
+3.22
l4
05
03
92
-
77.02
76.04
76.04
+3.12
+3.12
72.16
+3.30
+4.02
6.19
5.96
6.05
4.97
5.42
-
75.06
85.14
8 1.12
73.20
72.18
72.18
+3.08
Beginning April 1953, prices are closing bid quotations in the over
the counter market. Prices for prior dates are the mean of closing
bid and ask quotations. "When issued" prices are included in the
history beginning October 1941. Dates of highs and lows in case of
recurrences are in the latest dates.
For amounts to be issued on February 15, 1971 see "Treasury Financing
12
3/
4/
.76
.70
.64
.36
.37
Price
Price
99.26
99.31
99.28
99.27
-
High
Issue
date
5/ 15/62
1 1 /15/62
1/17/63
4/18/63
2/15/55
10 /3/60
107.22
101.27
100.28
101.20
106.16
101.20
109.18
106.16
99.06
100.01
99.18
101.07
110.24
105.28
111.2 8
10 3.18
97.24
101.04
106.26
104.10
10 0 .11
100.26
10 1.12
95.14
4/16/46
2/ 26/62
12 /26/63
12 / 26/62
79.20
91.30
90.25
4/16/46
12 /26/62
4/16/46
4/16/46
4/12/64
79.12
89.24
78.24
79.06
85.31
85.24
84.28
84.22
82.14
1/12/64
1/22/65
1/12/64
4/22/58
5/5/67
91.02
66.30
8/4/54
5/ 12/61
5/12/61
6/1/58
4/21/58
62.02
12 /26/62
63.00
62.18
61.26
1/16/63
8/28/63
6/18/55
5/12/61
71.04
66.24
61.08
59.20
59.20
59.20
Date
1 /6/60
8/29/66
8/29/66
IO/1/69
1 /6/60
12 /29/69
1 /6/60
1 /6/60
12 /29/69
12 /29/69
12 /29/69
12 /29/69
12 / 29/69
5/26/70
5/26/70
12 / 29/69
6/24/70
5/26/70
5/ 26/70
5/ 26/70
5/26/70
5/26/70
5/26/70
5/26/70
Operations" in the front of this issue of the Treasury Bulletin.
On callable issues market convention treats the yeilds to earliest
call date as more significant when an issue is selling above par,
and to maturity when it is selling at par or below.
Included in the average yield of long term taxable Treasury Bonds
as shown under "Average Yields of Long-Term Bonds."
YIELDS OF TREASURY SECURITIES, JANUARY 29,1971
Based on Closing Bid Quotations
1972
1973
1974
1975
1976
1977
1978
PERCENT
»
W
W
H
JO
a
o
>
O
§
§
w
>
05
C!
W
MM
O
a
w
w
CO
a
>
to
CD
CO
<1
to
1970
1971
1972
1973
1974
1975
1976
1977
1978
Note: The smooth curve is fitted by eye. Market yields on coupon issues due in less than 3 months are excluded.
1979
1980
s
S8*3
»■
February 1971
83
________________________________ AVERAGE YIELDS OF LONG -TERM WQNns
Table AY-1. - Average Yields of Treasury, Corporate and Municipal Bonds by Periods
Treasury
bonds 1/
Period
Aa new
corporate
bonds 2/
1. B. A . :
new Aa
municipal
bonds 2/
I. B. A. II
Aa new
new Aa
1 Treasury corporate
municipal 1 bonds 1/
bonds 2/
bonds 2/ II
Monthly series - avera ges of daily or weekly series
Treasury
bonds 1/
Aa new
corporate
bonds 2/
1960
Feb.............
Oct.............
Feb.............
Aug.............
1963
5.34
5.24
4.98
4.97
4.95
4.91
3.65
3.45
3.45
3.43
3.40
3.35
3.89 V
3.92
3.93
3.97 lj
3.97
4.00
4.22
4.25
4.28
4.35
4.36
4.32
2.98
3.00
2.95
3.00
3.00
3.10
3.86
3.79
3.84 4 /
3.91
3.93
3.88
4.79
4.65
4.64
4.75
4.82
4.94
1961
3.40
3.15
3.30
3.35
3.20
3.25
4.01
3.99
4.04
4.07
4.11
4.14
4.34
4.34
4.40
4.37
4.42
4.49
1964
3.08
3.00
3.10
3.10
3.20
3.15
4.43
4.61
4.63
4.55
4.57
4.63
4.75
4.80
4.79
4.70
4.74
4.65
3.89
3.81
3.78
3.80
3.73
3.88
4.63
4.43
4.37
4.57
4.67
4.82
3.30
3.20
3.35
3.45
3.25
3.50
4.50
4.39
4.45
4.48
4.48
4.50
3.08
3.05
3.15
3.18
3.15
3.20
4.40
4.47
4.45
4.51
4.76
4.86
3.90
4.00
4.02
3.98
3.98
4.06
4.81
4.79
4.72
3.43
3.45
3.40
3.30
3.35
3.45
4.15
4.14
4.18
4.20
4.16
4.13
4.13
4.14
4.16
4.16
4.12 i /
4.14
4.44
4.44
4.49
4.49
4.48
4.49
3.10
3.10
3.15
3.15
3.12
3.10
4.08
4.09
4.01
3.89
3.88
3.90
4.56
4.53
4.41
4.37
4.32
4.30
4.41
4.39
4.28
4.26
4.23
4.28
4.14
4.16
4.15
4.15
4.1k $ /
4.14
4.15
4.19
4.25
4.28
4.34
4.43
4.45
4.45
4.49
4.48
4.52
4.57
4.02 4/
3.98
3.94
3.89
3.87
3.87
3.25
3.15
3.10
2.95
3.05
3.15
3.20
3.08
3.05
2.95
2.90
3.00
4.57
4.66
4.71
4.70
4.75
4.92
4.60
1962
Feb.............
Aug.............
Oct.............
Dec.............
Period
1970:
Aug. 7 ....
14
21
28
Sept.
2/
4 ....
11 ....
1 8 ....
25 ....
1966
4.37
4.22
4.08
4.18 4/
4.16
3.98
4.52
4.58
I. B. A.
new Aa
municipal
bonds y/
6.61
6.76
6.90
6.73
8.99
9.12
9.17
9.04
n.a,
6.10
6.00
5.85
6.72
6.75
9.01
9.09
9.02
8.93
6.00
6.02
6.32
6.10
6.64
6.52
3.65
3.63
3.65
3.45
3.60
3.70
5.81
6.04
6.14
6.04
6.11
5.98
Nov.
6....
13....
20___
27....
Treasury
bonds 1/
I. B. A.
new Aa
municipal
bonds 2/
1969
3.80
4.10
3.93
3.85
3.90
3.80
7.29
7.33
7.76
7.54
7.62
8.04
8.06
8.05
8.36
8.46
8.94
9.22
5.53
5.35
5.55
5.59
5.90
6.06
3.40
3.50
3.50
3.55
3.83
3.90
6.86
6.44 1/
6.39
6.53
6.94
6.99
9.00
4.86
4.95
4.99
5.19
5.44
5.36
6.06
6.30
6.33
6.53
6.87
6.93
1968
3.90
3.85
4.00
4.10
4.30
4.35
6.57
6.75
6.63
6.59
6.24 1/
5.97
9.09
9.08
9.00
9.14
8.97
8.13
1971
6.22
6.00
6.15
6.25
6.05
5.20
3.00
3.08
3.10
3.05
3.10
3.20
5.18
5.16
5.39
5.28
5.40
5.23 .5/
6.57
6.57
6.80
6.79
7.00
7.02
4.10
4.25
4.35
4.23
4.37
4.47
5.92
7.63
5.40
3.20
3.15
3.30
3.30
3.35
3.45
5.09
5.04
5.09
5.24
5.36
5.66
6.91
6.54
6.69
6.88
7.00
7.2 8
4.45
4.20
4.30
4.30
4.50
4.63
Treasury
bonds 1/
Aa new
corporate
bonds 2/
I. B. A.
new Aa
municipal
bonds 3/
5.93
5.89
5.87
6.06
6.16
8.39
8.15
8.07
8.04
8.02
5.05
5.00
5.00
6.05
5.60
6.10
5.95
5.83
5.78
7.96
7.73
5.50
5.45
5.00
4.90
1967
Aa new
corporate
bonds 2/
6.49
6.39
6.19 £ /
5.96
Treasury bond yields are based on a composite of closing bid quota
tions in the over-the-counter market. Series includes bonds on which
the interest income is subject to normal tax and surtax which are
neither due nor callable before 10 years. For bonds currently in
series, see Table MQ-3.
Treasury series based on reoffering yields of new corporate bonds
rated Aa by Moody’
s Investors Service. The series is calculated to
reflect bonds with no call protection. Currently 5 years of call
Aa new
corporate
bonds 2/
•
'
4.93
5.09
5.33
5.38
5.55
5.67
I. B. A.
new Aa
municipal
bonds 3/
Weekly ser:Les - average for weeks endLing 1970:
8.96
Oct. 2....
6.30
6.53
9.05
6.20
9....
6.51
9.10
16....
6.30
6.55
6.66
6.20
9.17
23....
9.22
30....
6.65
6.25
Period
Treasury
bonds 1/
5.74
5.86
6.05
5.84
5.85
6.05
6.07
6.02
6.32
6.27
6.52
6.81
1965
Aa new
corporate
bonds 2/
Treasury
bonds 1/
I. B. A.
new Aa
municipal
bands 2/
9.13
9.06
8.98
8.71
1/
if
P
6.15
6.00
5.90
n.a.
4.75
4.80
5.10
5.13
5.20
5.60
5.60
5.90
6.05
5.90
6.05
6.65
1970
Period
1970:
Dec. 4 .....
11.....
18.....
24.....
1971:
Jan. 8.^...^
15~-..~.
29 .....
8.84
9.00
9.09
9.53
9.70
7.38
6.55
6.25
6.15
6.60
7.00
7.10
protection is valued at 25 basis points.
Index of new issue reoffering yields an Aa 20 year general obligations
compiled by Investment Bankers Association of America . Weekly series
are not available prior to January 1970.
One or more new long-term bonds added to the average.
An existing bond dropped from the average.
Preliminary.
AVERAGE YIELDS OF LONG - TERM TREASURY, CORPORATE AND M UNICIPAL BONDS
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1111 I | T T p I I %
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
85
F ebruary 1971
INTERNATIONAL FINANCIAL STATISTICS
The tables in this section are designed to provide data
on United States reserve assets and liabilities and other
statistics related to the United States balance of payments
and international financial position. A number of changes
were introduced in the May 1967 Bulletin to increase the use
fulness of this section.
Table IFS-1 shows the reserve assets of the United
States, including its gold stock, special drawing rights held
in the Special Drawing Account in the International Monetary
Fund, holdings of convertible foreign currencies, and re
serve position in the International Monetary Fund.
Table IFS-2 brings together the various statistical com
ponents of the liabilities which enter into the United States
balance of payments calculated on the liquidity basis. The
inclusion of the United States reserve position in the In
ternational Monetary Fund in Table IFS-1 requires that the
foldings of dollars”of the Fund be excluded from the data
on liabilities to foreigners, in order to avoid double count
ing.
Table IFS-3 presents an area breakdown of United States
liquid liabilities to official institutions of foreign coun
tries .
Table IFS-4 shows United States Treasuiy nonmarketable
bonds and notes issued to official institutions of foreign
countries.
Table IFS-5 sets forth the factors which affect the
United States position in the International Monetary Fund.
Table IFS-6 presents United States net monetary gold
transactions with foreign countries and international and
regional organizations.
T a b l e IFS-1. - U . S . R e s e r v e A s s e t s
(In millions of dollars)
Gold stock 1/
End of
calendar year
or month
1960....................... .........
1961....................... .........
1962................................
1963................................
1964................................
1966./.............. ...............
1967................................
1968................................
1969................................
1970................................
1970-Jan............................
Feb............................
Mar............................
Apr............................
May............................
June...........................
July...........................
Aug........................
Sept...........................
Oct............................
Nov............................
Dec............................
1971-Jan............................
1/
2/
2/
lj
Total
reserve
assets
Total 2/
Treasury
24,832
22,540
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
15,710
16,964 1/
14,487
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806 6/
13,235
12,065
10,892
11,859
11,072
22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733 6/
13,159
11,982
10,367
10,367
10,732
17,396
17,670
17,350
16,919
16,165
16,328
11,882
11,906
11,903
11,902
11,900
11,889
11,367
11,367
11,367
11,367
11,367
11,367
16,065
15,796
15,527
15,120
14,891
14,487
11,934
11,817
11,494
11,495
11,478
11,072
11,040
11,367
11,367
11,117
11,117
11,117
10,732
10,732
14,699
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the Interna
tional Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose of making gold subscriptions to the
Fund under quota increases. For corresponding liabilities see. Table
IFS-2.
Includes gold in Exchange Stabilization Fund, which is not included in
Treasuiy gold figures shown in daily Treasuiy statement. See "Account
of the Treasurer of the United States,11 Table TUS-4.
Includes initial allocation on January 1, 1970, of #867 million and
second allocation on Januaiy 1, 1971 of #717 million of special draw
ing rights (SDR) in the Special Drawing Account in the International
Monetary Fund, plus or minus transactions in SDR.
Includes holdings of Treasury and Federal Reserve System.
;
Special
drawing
rights 2/
_
-
_
_
-
_
-
_
_
-
851
899
919
920
926
925
957
961
961
991
991
961
851
1,468
Convertible
foreign
currencies ij
_
_
-
Reserve
position in
International
Monetary Fund j5/
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 6/
326
_
116
99
212
432
781
1,321
2,345
3,528
2,781 2 /
629
1,290
2,324
1,935
2,294
2,338
1,950
1,581
980
1,132
2,321
2,507
2,577
2,510
2,360
2,350
716
695
1,098
811
640
629
2,454
2,323
1,944
1,823
1,812
1,935
1,700
491
420
5/ The United States has the right to purchase foreign currencies equiva
lent to its reserve position in the Fund automatically if needed.
Under appropriate conditions the United States could purchase addi
tional amounts equal to the United States quota. See Table IFS-5.
6/ Reserve position includes, and gold stock excludes, $259 million gold
subscription to the Fund in June 1965 for a U.S. quota increase which
became effective on February 23, 1966. In figures published by the
Fund from June 1965 through January 1966, this gold subscription was
included in the U.S. gold stock and excluded from the reserve position.
2/ Includes gain of |67 million resulting from revaluation of the German
mark in.October 1969, of which |13 million represents gain on German
mark holdings at time of revaluation. See also footnotes 3 and 4,
Table IFS-4.
86
T r e a s u r y Bulletin
.INTERNATIONAL FINANCIAL STA TISTIC S.
T a b l e I F S - 2 . - U . S . L i q u i d L i a b i lit ie s t o F o r e i g n e r s
(in millions of dollars)
End of
calendar year
or month
1957.................
1958.................
1959.................
Total
liquid
liabil
ities
to all
for
eigners
15,825 7/
16,845 2/
19,428
Liabilities to International
Monetary Fund arising from
gold transactions
Total
200
200
500
Gold
deposit
1/
_
Gold
invest
ment
a/
Total
Short
term
liabil
ities
reported
by
banks in
U. S.
Market
able
U.S.
Gov't
bonds
and
notes
4/
n.a.
n.a.
500
10,120
7,917
8,665
9,154
n.a.
n.a.
966
800
800
11,078
11,088
10 ,212
10 ,212
200
200
Liabilities to nonmonetary
international and regional
Banks and other fc>reigners organizations j>/
Liabilities to foreign countries
Off icial institutions .y
Non
market
able
convert
ible U.S.
Treasury
bonds
and
notes
Total
Market
Short
able
term
U.S.
liabil
Gov't
ities
reported bonds
and
by
banks in notes
U. S.
U
Total
Short
term
liabil
ities
reported
by
banks in
IJ. S. 6/
Market
able
U.S.
Gov't
bonds
and
notes
U
n.a.
n.a.
7,618
5,724
5,950
7,077
n.a.
n.a.
541
n.a.
n.a.
1,190
542
552
530
n.a.
n.a.
660
876
_
_
-
7,591
7,598
7,048
7,048
543
550
1,525
1,541
750
750
775
791
I960 8/
f 20,994
\21,027
800
800
_
-
1961 8/
/22,853
\22,936
800
800
-
800
800
11,8 30
11,8 30
10,940
10,940
890
890
-
8,275
8,357
7,759
7,841
516
516
1,948
1,949
703
704
1,245
1,245
1962 8/
# 24,068
^24,068
800
800
_
-
800
12,748
12,714
11,997
11,963
751
751
_
-
8,359
8,359
7,911
7,911
448
448
2,161
2,195
1,250
1,284
911
911
[26,322
^26,361
800
800
_
-
800
14,387
14,353
12,467
12,467
1,217
1,183
703
703
9,214
9,204
8,863
8,863
351
341
1,960
1,965
808
808
1,152
1,157
128,951
\29,002
800
800
_
-
800
800
15,428
15,424
13,220
13,224
1,125
1,125
1,079
1,079
11,056
11,0 0 1
10,625
10,680
376
376
1,722
1,722
-818
818
904
904
1963 g/
1964 8/
1965.................
800
800
866
29,115
834
34
800
15,372
13,066
1,105
1,2 0 1
11,478
11,006
472
1,431
679
752
/29,904
\29,779
1 ,0 1 1
1 ,0 1 1
2 11
2 11
800
800
13,600
13,655
12,484
12,539
860
860
256
256
14,387
14,208
13,859
13,680
528
528
906
905
581
580
325
325
1967 8/ .............. f33,271
\33,119
1,033
1,033
233
233
800
800
15,653
15,646
14,034
14,027
908
908
711
711
15,894
15,763
15,336
15,205
558
558
691
677
487
473
204
204
(33,828
1,030
1,030
230
230
800
12,548
800
1 1,3 18
1 1,3 18
529
462
701
701
19,525
19,381
18,916
12,481
18,916
609
465
725
722
683
683
42
39
.41,776 10/ 1,019
219
800
11,99210 1 11,054
383
555 M
28,106
27,577
529
659
609
50
12,014
11,992
11,992
11,12 8
331
555
544
716
666
50
555
555
27,577
27,676
529
529
659
660
609
50
50
12,680
11,868
383
383
383
380
380
380
382
29,103
28,106
28,205
28,559
11,054
11,054
27,866
26,644
25,893
26,669
26,200
25,838
531
484
476
485
501
536
730
24,585
24,962
24,495
24 10 l*
22,582
542
562
567
565
586
1966 8/
1968 8/
\33,614
1969 2 / ..............
42,852
1,019
219
800
Cfr/
|41,776
41,876
1,019
1,019
800
800
1970-Jan.............'
Feb.............
Ma r.............
Apr............
42,826
1,019
219
219
219
1969-Nov............
TVn
42,972
42,943
43,335
43,198
June...........
43,347
July.......... . 43,463
Aug............
43,963
Sept.*......... • 44,189
Oct.............’,44,203
1*1*,1*93
2/
1,0 10
1,0 10
1,0 10
1,0 10
1,0 10
1,0 10
1,0 10
587
587
579
210
210
210
210
210
210
210
187
187
179
800
800
800
800
800
800
800
800
400
400
1*00
14,022
14,763
14,409
14,78815,289
16,574
16,593
17,777
18,134
19,960
13,213
13,954
13,600
13,977
14,463
15,728
15,747
16,931
17,379
19,205
the Treasury Department by banks and brokers in the United States.
Data correspond to statistics following in this section aiid in the
"Capital Movements11 section, except for minor rounding differences.
Table excludes International Monetary Fund "holdings of dollars," and
holdings of U.S. Treasury letters of credit and nomegotiable, noninterest-bearing special U.S. notes held by other international and
regional organizations. The liabilities figures sire used by the
Department of Commerce in the statistics measuring the balance of
international payments of the United States on the liquidity basis;
however, the balance-of-payments statistics include certain adjustments
to Treasury data prior to 1963 and some rounding differences, and may
differ because of varying timing in incorporating revisions of Treas
ury data. The table does not include certain nonliquid liabilities to
foreign official institutions which enter into the calculation of the
official reserve transactions balance by the Department of Commerce.
Represents liability on gold deposited by the International Monetaiy
Fund to mitigate the impact on the U.S. gold stock of foreign purchases
for the purpose of making gold subscriptions to the Fund under quota
increases.
U.S. Government obligations at cost value and funds awaiting investment obtained from proceeds of sales of gold by the International
Monetary Fund to the United States to acquire income-earning.assets.
Upon termination of investment, the same quantity of gold can be
397
417
417
417
326
326
2/
4/
£/
6/
2/
8/
g/
10/
429
429
429
429
429
429
429
429
429
429
1*29
28,397
27,128
26,369
27,154
26,.701
26,374
25,127
25,524
25,062
24,669
23,168
812
801
762
699
674
752
836
763
786
610
680
762
751
711
622
50
50
50
51
51
52
699
791
717
768
739
53
45
46
45
47
648
Includes Bank.for International Settlements and European Fund.
Derived by applying reported transactions to benchmark data; breakdown
of transactions by type of holder estimated 1960-1963. Includes
securities issued by corporations and other agencies of the United
States Government, which are guaranteed by the United States*
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank.
Includes difference between cost value and face value of securities ii.
IMF gold investment account. Liabilities data reported to the Treasury
include the face value of these securities, but in this table the cost
value of the securities is included under "Gold investment." The
difference, which amounted to $43 million as of the end of 1969, is
included in this column.
Includes total foreign holdings of U.S. Government bonds and notes, for
which breakdown by type of holder is not available.
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown fpr the following date.
Data are comparable in coverage to those shown for the preceding date;
for data comparable to those shown /o r the following date, see second
line opposite December 1969.
Includes $17 million increase in dollar value of foreign currency lia
bilities resulting from revaluation of the German mark in October 1969.
Not available. p Preliminary.
87
February 1971
.IN TERNATIONAL FINANCIAL STA TISTIC S.
T a b l e I F S - 3 . - U . S . L i q u i d L ia b i l i t i e s t o O f f i c i a l I n s t i t u t i o n s o f F o r e i g n C o u n t r i e s , b y A r e a 1 /
(in millions of dollars)
Other
countries
2/
Total
foreign
countries
Western
Europe
2/
Canada
Latin
American
Republics
Asia
Africa
1*,353
15,*2*
15,372
8,445
9,220
8,608
1,789
1,608
1,528
1,058
1,238
1,497
2,731
3,020
3,300
160
f 13,600
1,189
1,189
1,13 4
1,13 4
3 ,28*
3,339
277
277
228
228
End of
calendar year
or month
------ 175--------178
2*5
15*
19*
1966 */........................
[l3,655
7,488
7,U88
15,6*6
9,872
996
1,13 1
3,1*5
2*9
253
1968 */.... ...................
f 12,5*8
[ 12 ,* 8 1
7,009
7,001
533
532
1 ,35^
1,354
3,168
3,122
259
2*8
225
22*
11,992 5/
5,860 5/
*95
1,679
3,190
5*6
222
1969-Nov.......................
12,014
11,992
6,23^
**6
*95
1,417
1,679
3,10*
3,190
570
5*6
2*3
222
1970-Jan.......................
Feb.......................
Mar.......................
12,680
6,291
600
662
1,7^3
1,893
3,318
3,331
3,780
3,668
3,632
3,571
533
702
705
725
7**
710
195
183
203
2*5
5,860
1*,022
1*,763
7,251
7,39^
6,9te
7,3U
1*,*09
1*,788
15,289
1/
590
733
2,091
2,096
762
2,057
500
8,059
2,098
527
9,554
16,57*
690
9,659
16,593
620
u,l?l
17,777
Oct.......................
18 ,13 *
575
11,589
19,960
637
13,253
Data represent short-term liabilities to the official institutions of
foreign countries, as reported by banks in the United States, and foreign
official holdings of marketable and convertible nonmarketable U. S.
Government securities with an original maturity of more than one year.
Includes Bank for International Settlements and European Fund.
Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
282
351
381
3,331
390
3,189
1,973
33*
1,738
3,253
526
338
3,335
1,771
449
3,639
34L
1,641
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable
in coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
Includes $17 million increase in dollar value of foreign currency
liabilities due to revaluation of the German mark in October I960.
Preliminaiy.
2,090
y
£/
p
691
692
661
T a b l e IFS-4. - N o n m a r k e t a b l e U . S . T r e a s u r y B o n d s a n d N o t e s
I s s u e d to Official Institutions o f F o r e i g n C o u n t r i e s
(in millions of dollars or dollar equivalent)
Payable in foreign currencies
Payable In dollars
End of
f»fl1ATirtAT*
year
or month
1962 .._____ _
Total
Total
251
893
Belgium
_
Canada Denmark
_
_
_
_
_
If
*
_
163
35*
484
353
_
_
1,692
1,*31
2,*80
32
32
32
2,289
-
25
l,*3l
1,*31
1,717
1 ,81 *
2,013
1,129
1,129
l,*29
1,529
1,729
2,229
_
32
32
32
32
32
32
2,229
3,567
3,564
3,563
2,*25
2,*25
2,*25
2,*8*
2, *81
2,*80
2,289
_
-
135
135
2,*28
32
32
32
32
32
32
2,289
1971-Jan___ 3,563
2,480
32
2,289
1963.......
196*.......
1965.......
1966 .......
1967.......
1968 .......
1969.......
1970.......
1,440
1,692
695
1,563
3,330
3,181 4/
3,563
1970-Jan..... 2,514
Feb___
Max___
Apr.....
May....
2,513
2,799
2,897
3,096
June... 3,511
July... 3,508
3,508
3,508
Aug.. . .
Sept...
Oct....
Nov___
Dec___
516
_
125
329
299
144
314
1,33*
1,129
2,229
2,229
2,289
_
20
-
13
_
160
18 *
177
1*6
135
Korea Sweden Taiwan Thai
land
_
-
.
15
15
15
_
25
25
25
25
25
25
-
_
32
15
15
15
15
15
15
-
29
29
29
28
25
25
15
15
15
15
15
15
_
-
-
25
15
-
12 1
118
117
Note:
For further information, see "Public Debt Operations," Tables
FD0-8 and 9.
1/ Includes bonds issued to the Government of Canada in connection with
transactions under the Columbia River treaty. Amounts outstanding
were $20* million, September 196* through October 1965; $17* million,
November 1965 through October 19665 $1** million, November 1966 through
October 1967 ; $11* million, November 1967 through October 1968 ;
$8* million, November 1968 through September 1969; $5* million
October 1969 through September 1970; and $2* million, October 1970
through latest date.
Total
-
_
-
251
730
-
-
1,086
-
.
-
-
1,208
3*2
20
20
20
100
100
100
20
20
20
20
20
20
100
100
100
100
100
100
1,083
1,083
1,083
1,083
1,083
1,083
20
20
20
20
20
20
100
100
100
100
100
100
1,083
1,083
1,083
1,083
1,083
1,083
20
100
1,083
1,047
1,638
Austria Belgium Germany Italy- Switzer
land
-
-
50
50
30
30
30
30
101
25
50
50
60
-
1,750 4/
-
1,083
“
-
_
_
_
-
-
-
-
-
275
679
602
50
601
1,051
1 ,08**/
5*2
5*2
5*2
5*2
5*2
200
200
125
125
125
226
125
-
-
5*2
5*2
5*2
5*2
5*2
5*2
_
-
-
542
-
5*2
5*2
51
175
257
257
111
211
311
5*1
541
5*1
5*1
5*1
5*1
5*1
5*1
Bank for
Inter
national
Settle
ments
-
70
93
-
w
_
5*1
5*1
5*1
5*1
5*1
5*1
.
-
541
-
2/ Bonds issued to the Government of Italy in connection with military
purchases in the United States.
2/ In addition, nonmarketable Treasury notes amounting to $125 mill ion
equivalent were issued to a group of German commercial banks in
June 1968 . The revaluation of the German mark in October 1969 in
creased the dollar value of these notes by $10 million. See also
footnote 7, Table IFS-1.
*/ Includes an increase in dollar value of $8* million resulting from
revaluation of the German mark in October 1969. See also footnote 7,
Table IFS-1.
Treasury Bulletin
88
TN TF .RNATIDWAT. F I N A N C I A L ST A T I S T I C S
T a b l e IFS-5, - U,S. Position in t h e I n t e r n a t i o n a l M o n e t a r y F u n d
(in millions of dollars)
Transactions affecting IMF holdings of dollars
during period
Calendar year
or month
1946-57......................................
1958...........................................
1959...........................................
i 960...........................................
1961...........................................
1962...........................................
1963...........................................
1964...........................................
1965...........................................
1966....................».....................
1967...........................................
1968...........................................
1969...........................................
1970......................................... ;
1970-Jan....................................
Feb.....................
M ar.................................
Anr.....................
May..................... .............
July..................................
Aug.................. ................
Oct....................................
1971-Jan....................................
U. S. transactions with IMF
Payments
of
subscrip
tions in
dollars
Net
gold
sales
by IMF
1/
2,063
-
6Q0
Trans
actions
in
foreign
curren
cies 2/
-
1,031
-
-
776
-
150
-
525
435
-
-
1,155
_
22
712 6/
32
_
_
_
_
_
_
-84
150
_
_
_
150
-
-
_
_
_
_
132 6/
1,155
129
104
315
-
-
_
680
IMF net
income
in
dollars
-45
-2
2
11
16
17
16
18
12
15
20
20
Transactions by
other countries
with IMF
Purchases
of
dollars
-2,670
-252
-139
-149
-822
-110
-194
-282
-282
-159
-114
-806
580
521
719
207
5
-
Amount
775
17
1,336
442
-135
775
792
2,128
2,570
2,435
29
3,090
3,356
3,521
4,834
4,740
3,870
626
266
165
quota
3,061
1
1,313
-1,034
1,929
2,836
3
2,839
2,653
2,583
2,650
2,800
-
-94
-870
U. S.
28
29
52
62
59
74
75
81
85
94
92
75
55
71
268
.
2
-33
-262
-178
36
42
103
-2
66
_
-
-70
67
150
-2
7
10
2,810
-104
131
379
55
51
50
51
54
54
52
55
62
65
65
71
75
5
3
5
2
1
10
-139
-20
-
250
-3
-23
_
827
271
442
Total
change
-1,343
-854
1
-1
_
Repur
chases
in
dollars
Percent
of
19
25
-16
-34
-95
-73
-
IMF holdings
of dollars at
end of period
-3
Note: The initial U.S. quota in the International Monetary Fund was $2,750
million. The U.S. quota was increased to #4,125 million in 1959, $5,160
million in February 1966, and to $6,700 million in December 1970. Under
the Articles of Agreement, subscription payments equal to the quota have
#been made 25 percent in gold and 75 percent in dollars.
1/ Represents net Fund sales of gold to acquire U.S. dollars for use in
Fund operations. Does not include transactions in gold relating to gold
deposit or gold investment (see Table IFS-2).
2/ Positive figures represent, purchases from the Fund of currencies of
other members for equivalent amounts of dollars; negative figures repre
sent repurchases of dollars, including dollars derived from charges on
purchases and from other net dollar income of the Fund. The United
States has a commitment to repurchase within 3-5 years, but only to the
extent that the Fund's holdings of dollars exceed 75 percent of the U.S.
quota. Purchases of dollars by other countries reduce the U.S. commit
741
-186
4,765
1
21
1,417
2,706
2,837
3,216
3,337
3,348
4,765
11
235
5,000
33
150
253
29
121
11
U. S.
reserve
position
in IMF
at end of
period
h?
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 1 /
326
420
1,290
2,324
1,935
2,321
2,507
2,577
2,510
2,360
2,350
2,454
2,323
1,944
1,823
1,812
1,935
1,700
ment to repurchase ly an equivalent amount.
2/ Beginning January 1970, includes dollars obtained by countries other
than the United States from sales of gold to the Fund.
U Represents the United States gold tranche position in the Fund (the
United States quota minus the Fund's holdings of dollars), which is
the amount that the United States could purchase in foreign currencies
automatically if needed. Under appropriate conditions, the United
States could purchase additional amounts equal to the United States
quota.
5J Includes $259 million gold subscription to the Fund in June 1965 for
a U.S. quota increase which became effective on February 23, 1966.
In figures published by the Fund from June 1965 through January 1966,
this gold subscription was included in the U.S. gold stock and
excluded from the reserve position.
6/ Includes $30 million of special drawing rights.
February 1971
89
T N T F . R N A T T O N AT, F I N A N C I A L
fiTATTfiTTn.fi
T a b l e IFS-6. - U.S. N e t M o n e t a r y G o l d T r a n s a c t i o n s w i t h F o r e i g n C o u n t r i e s
a n d International a n d R e g i o n a l Organizations
(In millions of dollars at $35 per fine troy ounce; negative figures represent net sales by the United States; positive figures, net acquisitions)
Calendar year
Area and country
Western Eiu*ope:
Spain.........................................
United Kingdom................................
Other.........................................
Latin American Remblics:
Asia;
Africa:
Other countries:
Total foreign countries............ .
International and regional organizations 1/....
1965
1968
1967
1969
JulySept.
Oct.Dec.
Jan.Mar.
Apr.June
JulySept.
*
5
•
-2
1
-2
-20
51
-50
-5
-1
-100
-83
-884
-80
-35
-180
-50
-37
150
-
-25
-13
-601
-1
-60
_
-2
-12
80
-23
19
-85
-30
*
-879
-5
-58
600
-11
-209
-19
-50
3
-835
-90
4
25
325
500
-1
-76
-25
-18
200
36
-6
15
4
500
*
-5
200
23
-1,299
-659
-980
-669
969
9
721
4
-1
-27
_
_
_
_
_
_
*
_
*
-
_
-
200
150
50
_
25
29
_
-25
-13
-39
-3
7
10
-16
-1
-1
*
-10
35
-14
-25
*
_
-40
-25
*
_
-12
-18
-10
_
-3
-2
-15
*
_
#
-11
-5
_
-1
_
*
-1
-9
-1
17
-41
9
-65
-54
-15
-27
-7
-9
-4
-24
-56
-30
-44
-366
42
10
-1
24
-1
-39
-24
-86
-44
-366
42
10
-1
24
-1
-39
-8
-19
-157
-66
-9
-1
-4
-1
-2
-4
-8
-3
-9
-2
9
-
5
-
-
-
-1,322
-608
-1,031
-1,118
957
2
695
20
-14
-73
177
22
-3
10
8
-
24
-
-322
-431
-1,009
-1,121
967
10
695
44
-14
-395
-225 2/
-1,547
1/
1966
1970
1969
Includes International Monetary Fund gold sales to the United States,
gold deposits by the IMF (see Table IFS-2, footnote l) and withdrawal
of deposits. The first withdrawal, amounting to $17 million, was
made in June 1968.
2/
*
_
_
_
-3
Reflects the United States payment of the $259 million increase in
its gold subscription to the International Monetary Fund less gold
deposited by the International Monetary Fund,
Less than $500,000.
90
T r e a s u r y Bulletin
CAPITAL MOVEMENTS
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
pursuant to Executive Order 6560 of January 15, 193^, Execu
tive Order 10033 of February 8 , 19^9 and Treasury regulations
promulgated thereunder. Statistics on the principal types
of data and the principal countries axe published monthly
in the "Treasury Bulletin.” Reports are filed with the Fed
eral Reserve Banks by banks, securities brokers and dealers,
and nonbanking concerns in the United States. These statis
tics are then consolidated, and are published by the Treasury
as promptly as possible.
9
The report forms and instructions used in the collection
of the statistics have been revised a number of times. The
most recent general revision of the report forms became effec
tive with reports as of May 31, 19^3* 1/
The present form of the published presentation of the
"Capital Movements" statistics was introduced in the May
1969 issue of the "Bulletin.Tf The principal changes were
the rearrangement of the tables to bring together in separate
sections all the data relevant to the same statistical series;
the expansion of the time series on aggregate liabilities
and claims reported by banks to show more detailed breakdowns
by type of holder and type of liability and claim; and the
presentation of statistics not previously published on the
short-term liquid claims of large nonbanking concerns.
Basic definitions
The term "foreigner" as used in the Treasury reports
covers all institutions and individuals domiciled outside
the United States, including United States citizens domi
ciled abroad, and the foreign branches, subsidiaries and
offices of United States banks and business concerns; the
central governments, central banks and other official, in
stitutions of foreign countries, wherever located; and inter
national and regional, organizations, wherever located. The
term "foreigner" also includes persons in the United States
to the extent that they are known by reporting institutions
to be acting on behalf of foreigners.
In general, data axe reported opposite the foreign coun
try or geographical area in which the foreigner is domiciled,
as shown on the records of reporting institutions. For a
number of reasons, the geographical breakdown of the reported
data may not in all cases reflect the ultimate ownership of
the assets. Reporting institutions are not expected to go
beyond the addresses shown on their records, and so may not
be aware of the country of domicile of the ultimate beneficiary.
Furthermore, U.S. liabilities arising from deposits of dollars
with foreign banks axe reported generally in the Treasury
statistics as liabilities to foreign banks, whereas the li
ability of the foreign bank receiving the deposit may be to
foreign official institutions or residents of another country.
Data pertaining to branches or agencies of foreign offi
cial institutions are reported opposite the country to which
the official institution belongs. Data pertaining to inter
national and regional organizations are reported opposite
the appropriate international or regional classification
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Western Europe."
"Short-term" refers to obligations payable on demand
or having an original maturity of one yeax or less. "Long
term" refers to obligations having an original maturity of
more than one yeax, and includes securities having no con
tractual maturity.
Reporting coverage
Reports axe required from banks, securities brokers and
dealers, and nonbanking concerns in the United States, in
cluding the branches, ager os, subsidiaries, and other af
filiates in the United States of foreign firms. Institutions
which have total reportable liabilities, claims or securities
transactions below a specified exemption level, based on the
average for the report dates during a six-month period, in
cluding the current report date, are exempt from reporting.
Banks file reports monthly covering their short-term
and long-term liabilities to and claims on foreigners; an
exemption of $500,000 is applicable to reports in each of
these categories. Twice a yeax they also report their short
term dollar liabilities to foreigners in countries not shown
separately on the monthly report of liabilities. Banks,
securities brokers and dealers, and in some instances, non
banking concerns, report monthly their transactions in secur
ities with foreigners; the applicable exemption level is
$100,000.
Quarterly reports are filed by exporters, importers, in
dustrial and comnercial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims are $500,000 or more. Such firms
also report the liquid portion of their claims for each monthend when they have reportable claims of $ 1 million or more.
The foreign credit and debit balances of securities brokers
and dealers are reported quarterly; the exemption level ap
plicable to these reports is $100,000.
Description of statistics
Data collected on the Treasury Foreign Exchange Forms
axe published in the "Treasury Bulletin" in six sections.
Each section contains all the data relevant to the same statis
tical series, with tables showing time series by type and
country, and the detailed breakdowns of the latest available
data.
Section I covers the short-term and long-term liabilities
to foreigners reported by banks in the United States. The
data exclude the holdings of dollars of the International.
Monetary Fund derived from payments of the United States
subscription and from the exchange transactions and other
operations of the Fund. (Liabilities representing the "gold
investment" of the Fund, however, are included.) The data
also exclude U.S. Treasury letters of credit, and nonnegotiable, noninterest-bearing special notes of the United States
held by international and regional organizations.
Section II presents the short-term and long-term claims
on foreigners reported by banks in the United States, including
claims held for their own account and for the account of
their domestic customers. The data exclude convertible for
eign currencies held by U.S. monetary authorities.
Sections III and IV show respectively the liabilities
91
F e b r u a r y 1971
CAPITAL MOVEMENTS
to, and claims on, foreigners reported by exporters, impor
ters, industrial and commercial firms,financial institutions
other than banks and brokers, and other nonbanking concerns
in the United States. The data exclude the intercompany ac
counts of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for
eign parent companies. (Such transactions are reported bybusiness firms to the Department of Commerce on its direct
investment forms.) The data also exclude claims held through
United States banks. Separate figures are shown in Section
IV for the short-term liquid claims of large nonbanking con
cerns in the United States.
Section V contains data on transactions in all types
of long-term domestic and foreign securities by foreigners
reported by banks and brokers in the United States (except
nonmarketable U.S. Treasury notes, foreign series, and non
marketable U.S. Treasury bonds and notes, foreign currency
series, which are shown in "International Financial Statis
tics" section, Table IFS-1*). The data cover new issues of
securities, transactions in outstanding issues, and redemp
tions of securities. They include transactions executed in
the United States for the account of foreigners, and trans
actions executed abroad for the account of reporting insti
tutions and their domestic customers. The data include some
transactions which are classified as diretit investments in
the balance of payments accounts. The data exclude securi
ties issued abroad by foreign subsidiaries of U.S. corpora
tions, some pf which are treated in the balance of payments
as issues of U*S. corporations.
1/
The geographical breakdown of the data on securities
transactions shows the country of domicile of the foreign
buyers and sellers of the securities; in the case of out
standing issues, this may differ from the country of the
original issuer. The gross figures contain some offsetting
transactions between foreigners. The net figures for total
transactions represent transactions by foreigners with United
States residents; but the net figures for transactions of
individual countries and areas may include some transactions
between foreigners of different countries. Beginning with
data for 1969* transactions between foreigners in new issues
not offered for sale to United States residents but managed
by underwriters in the United States are excluded from the
gross figures.
Section VI comprises two tables on the money credit
and debit balances, as appearing on the books of reporting
brokers and dealers in the United States, in accounts of for
eigners with them, and in their accounts carried by foreigners.
The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries. The principal exclusions are the
intercompany capital transactions of business enterprises
in the United States with their own branches and subsidiar
ies abroad or with their foreign parent companies, and capital
transactions of the United States Government. Consolidated
data on all types of capital transactions are published by
the Department of Commerce in its regular reports on the
United States balance of payments.
Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
T r e a s u r y Bulletin
92
_______________________ C A P IT A L MOVEMENTS________________________
S e c t i o n I - Liabilities t o F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e C M - I - 1 . - S h o r t - T e r m Liabilities b y T y p e o f F o r e i g n H o l d e r
(In millions of dollars)
itries
Banks and other foreigners
Official institutions 1/
End of
calendar year
or month
Total
short
term
liabili
ties
Total
Total
Payable
in
dollars
Payable
in
foreign
currencies
Payable
ji
dollars
f
Banks
Other
foreigners
♦Payable
in
foreign
currencies
Total
Tn+AT*nfl
111
UClliQLulUlxcU. CUlU TGgionol
Total
'IMF
gold
invest
ment 2/
Nonmonetaiy
interna
tional and
regional
y
1957............
14,383
13,641
7,917
7,917
-
5,724
3,413
2,252
59
742
200
542
1958............
15,367
14,615
8,665
8,665
-
5,950
3,460
2,430
59
752
200
552
1959............
17,261
16,231
9,154
9,154
-
7,076
4,601
2,398
77
1,031
500
531
1960............
18,701
17,260
10,212
10,212
-
7,047
4,705
2,230
113
1,412
691
y
751
1961 5/ .........
f 20,015
\ 20,098
18,699
18,781
10,940
10,940
10,893
10,893
46
46
7,759
7,841
5,299
5,380
2,356
2,357
104
104
1,317
1,317
613
y
y
704
704
f 21,958
1 21,958
19,907
19,874
11,997
11,963
11,949
11,915
48
48
7,911
7,911
5,251
5,251
2,564
2,564
95
95
2,050
2,084
800
800
1963............
22,877
21,330
12,467
12,437
30
8,863
5,713
3,046
104
1,547
739
f 25,467
<25,518
23,849
23,990
13,224
13,220
13,224
13,220
_
1964 5/.........
-
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
1,618
800
800
818
818
1965............
25,551
24,072
13,066
13,066
-
11,006
7,360
3,376
90
1,618
800
679
1966 %/ .........
27,724
\J27,599
f
26,343
26,219
12,484
12,539
11,968
12,022
517
517
13,859
13,680
10,023
9,864
3,743
3,743
93
72
1,381
1,381
800
800
581
581
1967 5/.........
f 30,657
^30,505
29,370
29,232
14,034
14,027
13,882
13,876
152
152
15,337
15,205
11,132
11,008
4,128
4,120
77
77
1,287
1,273
800
800
487
473
1968............
31,717
30,234
11,318
10,855
463
18,916
14,298
4,444
173
1,483
800
683
f 40,040
^40,140
38,631
38,730
11,054
11,054
10,851
10,851
202
202
27,577
27,676
23,412
23,388
3,939
4,062
226
226
1,409
1,409
800
800
609
609
41,668
40,453
19,287
19,138
148
21,167
16,902
4,045
220
1,215
400
815
40,140
38,730
202
27,676
23,388
4,062
226
1,409
800
609
39,734
39,857
39,847
40,269
40,177
40,301
11,054
11,868
13,213
13,954
13,600
13,977
14,463
15,728
15,747
16,931
17,379
19,205
19,287
10,851
41,214
41,419
41,398
41,780
41,625
41,723
41,812
42,300
42,543
42,651
42,926
41,668
11,665
13,011
13,752
13,451
13,828
14,315
15,580
15,598
16,783
17,230
19,057
19,138
202
202
202
148
148
148
27,867
26,644
25,893
26,670
26,199
25,838
23,615
22,529
21,730
22,482
22,010
21,552
4,012
3,892
3,964
3,974
3,987
4,096
240
223
199
214
202
190
1,480
1,562
1,551
1,510
1,448
1,421
800
800
800
800
800
800
680
762
751
710
648
621
148
148
148
148
148
148
24,585
24,962
24,495
24,104
22,581
21,167
20,448
20,827
20,370
20,024
18,432
16,902
3,941
3,946
3,917
3,879
3,955
4,045
196
189
208
202
195
220
1,498
1,591
1,117
1,168
1,139
1,215
800
800
400
400
400
400
698
791
717
768
739
815
1962 2/ .........
1969
2/.........
1970 p ..........
1969-Dec. 6/....
1970-Jan........
Feb........
M a r ........
Apr........
Ma y ........
June.......
my
.......
Aug........
Sept.......
Oct........
Nov. p .....
Dec. p .....
40,313
40,709
41,426
41,483
41,787
40,453
1/ Includes Bank for International Settlements and European Fund.
2/ Short-term U.S. Government obligations at cost value and funds awaiting
investment obtained from proceeds of sales of gold by the International
Monetary Fund to the United States to acquire income-earning assets.
Upon termination of investment, the same quantity of gold can be re
acquired by the International Monetary Fund.
2/ Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank. Includes difference between
cost value and face value of securities in IMF gold investment account
v$19 million at end 1970).
UJ In addition, IMF gold investment included investments in U.S. Govern
613
1,250
1,284
y
808
ment bonds and notes which amounted to $109 million at end i 960, $187
million at end 1961, and $6l million at end 1963.
5/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable
in coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
6/ Data are comparable in coverage to those shown for the .following
date; for data comparable to those shown for the preceding'date,
see first line opposite 1969.
p Preliminary.
F e b r u a r y 1971
93
fiAPITAT. MOVEMENTS
S e c t i o n I - Liabilities t o F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e C M - I - 2 . - S h o r t - T e r m Liabilities b y T y p e
Official institutions 1/
Payable in dollars
End of
calendar
year
or month
Total
foreign
coun
tries
Deposits
Demand
Time
2/
U.S.
Treasury
bills and
certifi
cates
Other
short
term
liabili
ties 2/
o f Liability
Part A - Foreign Countries
(In millions of dollars)
Banks and other foreigners
Payable in dollars
Payable
in
foreign
cur
rencies
Banks
Deios its
Demand
Time
2/
Other foreigners
U.S.
Treasury
bills and
certifi
cates
Depoisits
Other
short
term
Demand
liabili
ties 2/
Time
2/
U.S.
Treasury
bills and
certifi
cates
Other
short
term
liabili
ties 2/
1957......
13,6a
3,0 59
4,246
612
-
737
2,’
158
518
1,/'66
278
209
Payable
in
foreign
cur
rencies
59
1958......
14,615
3,511
4,392
762
-
3,017
131
312
1,951
306
174
59
1959......
16,231
2,834
5,738
582
-
3,369
492
740
1,833
295
270
77
1960..... .
17,260
3,038
6,193
982
-
4,210
76
419
1,849
148
233
113
1961 2/.
i8,699
18,781
3,389
3,389
6,412
6,412
1,092
1,092
46
46
4,854
4,917
43
43
402
420
1,976
1,977
149
149
230
230
104
104
1962 2/. •••
19,908
19,874
3,261
3,234
7,759
7,759
928
922
48
48
4,678
4,<S78
83
83
490
490
2,096
2,C)96
116
116
352
352
95
95
1963......
21,330
1,402
2,451
7,548
1,036
30
4,102
$38
68
704
1,493
966
119
469
104
/h,849
\23,900
1,591
1,591
2,820
2,816
1,259
1,259
-
5,006
5,027
1,039
1,077
1,523
1,531
1,257
1,271
72
72
2,862
1,483
-
4,941
113
1,406
1,574
1,594
87
502
503
332
118
90
1,535
967
967
900
142
142
24,072
7,554
7,554
7,186
«.
1966
1 7 w 3/ • • • • /26,343
|26,219
1,679
1,679
2,612
2,668
6,316
6,316
1,361
1,360
517
517
6,795
6,636
1,249
1,243
137
137
1,842
1,848
1,513
1,513
1,819
1,819
83
83
329
329
93
72
/29,370
\29,232
2,054
2,054
2,462
2,458
7,985
7,985
1,380
1,378
152
152
7,933
7,763
1,142
1,142
129
129
1,927
1,973
1,693
1,693
2,052
2,054
81
81
302
292
77
77
30,234
2,149
1,899
5,486
1,321
463
10,374
1>273
30
2,621
1,797
2,199
86
362
173
16,745
16,745
1,988
1,989
20
20
4,658
4,633
1,709
1,710
1,811
1,934
107
107
312
312
226
226
1QA/
1965.... .
1967 2/*
1968......
202
202
59
(38,631
1969 1/.... \38,730
1,918
1,918
2,951
2,951
3,844
3,844
1970 p .... 40,453
1969-Dec. ly ' 38,730
1,627
1,918
2,556
13,354
1,601
148
12,365
1,331
14
3,192
1,737
1,839
133
338
220
2,951
3,844
2,139
202
16,745
1,989
20
4,633
1,710
1,934
107
312
226
1970-Jan...
Feb...
Mar...
Apr...
May...
June..
39,734
39,857
39,847
40,269
40,177
40,301
1,649
1,661
1,445
1,295
1,330
1,£L0
4,749
5,381
5,989
6,035
6,417
7,020
2,293
2,705
2,906
2,750
2,656
2,410
202
202
202
148
148
148
15,473
14,702
15,552
15,029
14,829
16,664
2,050
2,077
1,947
1,781
1,951
1,854
22
27
21
19
20
26
1,553
1,224
1,369
1,444
1,367
1,627
7,946
8,653
10,141
10,919
12,967
13,354
2,579
2,108
1,835
1,686
1,877
1,601
148
148
148
148
148
148
13,921
14,446
14,139
13,921
12,747
12,365
1,763
1,726
1,893
1,957
1,922
1,331
24
23*
23
32
21
14
1,849
1,790
1,748
1,740
1,779
1,824
1,782
1,764
1,770
1,762
1,820
1,839
116
78
89
74
102
120
40,313
40,709
41,426
41,483
41,787
40,453
4,879
4,952
5,060
5,129
5,011
4,844
4,740
4,631
4,315
4,114
3,742
3,192
1,699
1,666
1,767
1,785
1,710
1,770
July..
Aug...
Sept..
Oct...
Nov. p
Dec. p
2,975
3,263
3,412
3,372
3,426
3,475
3,502
3,612
3,439
3,181
347
358
361
375
398
383
381
380
380
383
369
338
1/
2,846
2,556
2,139
2,139
Includes Bank for International Settlements and European Fund.
2/ Time deposits exclude negotiable time certificates of deposit, which
are included in ’
’
Other short-term liabilities.11
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in coverage to those shown for the preceding date; figures on the second line
1,662
1,685
1,653
1,607
1,651
1,737
116
116
114
127
115
131
240
223
199
214
202
190
196
189
208
202
195
220
are comparable to those shown for the following date.
ij Data are comparable in coverage to those shown for the following
p
date; for data comparable to those shown for the preceding date, see
first line opposite 1969.
Preliminary,
94
T r e a s u r y Bulletin
_______________________ CAPITAL MOVEMENTS_________________________
S e c t i o n I - Liabi li ti es t o F o r e i g n e r s R e p o r t e d b y B a n k s
in th e U n i t e d States
T a b l e C M - I - 2 . - S h o r t - T e r m Liabilities b y T y p e o f Liability - ( C o n t i n u e d )
Part B
End of
calendar year
or month
1957.............................
1958.............................
1959.............................
1960.............................
1961.............................
Total
international
and regional
742
752
1,031
1,442
1,317
r 2,050
{2,08 4
1963.............................
1964.............................
1965.............................
1966.............................
1968.............................
1969.............................
1970p............................
1970-Jan.........................
Feb.........................
Apr.........................
May.........................
July........................
Aug.........................
Sept........................
Nov. p ......................
1/
- International a n d R e g i o n a l O rganizations
(in millions of dollars)
IMF gold
investment:
U.S. Treasury
bills and
certificates 1/
Nonmonetary international and regional organizations 2/
Deposits
Time 21
Demand
U.S. Treasury
bills and
certificates
Other
short-term
liabilities 2/
200
200
500
691 Jj
613 V
50
209
76
219
354
490
343
449
532
294
2
*
6
*
55
800
800
540
56>8
572
572
138
145
739 Jj
800
800
800
70
66
42
56
384
207
200
139
215
231
170
212
138
314
266
173
f 1,287
^ 1,273
800
800
67
67
124
120
178
17 8
118
107
1,483
1,409
1,215
800
800
68
57
69
113
83
155
394
244
108
1,409
1,480
1,562
1,551
1,510
1,448
1,421
1,498
1,591
1,117
1,168
1,139
1,215
800
800
800
800
800
800
800
57
83
66
102
244
252
317
330
237
226
194
1,547
1,618
1,479
1,381
400
75
81
87
65
76
66
59
73
68
68
69
800
800
400
400
400
400
Short-term U.S. Government obligations at cost value, and deposits
awaiting investment (less than $500,000 on all dates shown),’obtained
from proceeds of sales of gold by the International Monetary Fund to
the United States to acquire income-earning assets. Upon termination
of investment, the same quantity of gold can be reacquired by the In
ternational Monetary Fund.
2/ Principally the International Bank for Reconstruction and Development
and the Inter-American "Development Bank; excludes Bank for Internat
ional Settlements and European Fund. Includes difference between
cost value and face value of securities in IMF gold investment account
($19 million at end 1970).
2/
115
131
128
132
119
131
137
135
144
139
155
212
218
252
179
189
148
212
224
37?
224
260
256
208
259
225
232
284
343
330
368
384
379
Time deposits exclude negotiable time certificates of deposit, which are
included in "Other short-term liabilities."
ij In addition, IMF gold investment included investments in U.S. Government
bonds and notes which amounted to $109 million at end I960, $187 million
at end 19 61 , and $61 million at end 1963 .
j>/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date.
Preliminary.
p
Less than $500,000.
*
95
F e b r u a r y 1971
_______________________ CAPITAL MOVEMENTS_________________________
S e c t i o n I - Liabilities t o F o r e i g n e r s R e p o r t e d b y B a n k s
in t h e U n i t e d S t a t e s
T a b l e C M - I - 3 . - S h o r t - T e r m Liabi li tie s b y C o u n t r y
(Position at end of period in millions of dollars)
Calendar year
1970
Country
1968
1967
Europe:
231
632
243
99
1,330
2,217
170
1 ,9^8
589
449
432
162
528
176
120
1,5 8 1
1,3 8 1
207
627
183
16,194
16,170
21,667
21,674
2,709
2,797
3,991
4,012
479
237
479
257
323
249
4l6
425
393
4l6
425
400
9
720
173
274
147
793
523
233
109
8
7
848
129
239
7
849
l4o
240
4,667
23
706
8
Latin America:
Other Latin American Republics..•
Netherlands Antilles and Surinam.
252
166
974
154
276
149
463
341
309
4.63
341
309
412
412
2,005
202
2,002
28
11,347
37
1,553
11
50
258
111
198
28
503
1,952
46
5,506
37
11,349
37
1,553
50
261
1,405
30
4,134
4,664
5,571
36
217
354
34
125
281
18
6 11
273
88
273
6l4
195
137
134
l4o
2,030
2,282
2,286
4,505
199
839
631
309
272
4l6
5,439
204
272
325
429
8
909
626
287
22,633
4,016
22,519
3,646
22,956
24,118
3,827
3,787
539
305
588
581
427
429
294
7
915
170
533
398
325
820
162
6
896
169
’210
225
117
741
208
108
651
113
637
651
6 11
212
1,104
800
27
1,139
7
4i
53
265
263
742
193
134
2,311
5,977
275
391
389
2,015
34
9,113
33
850
3
46
15
53
544
444
275
October
315
251
299
378
1,985
34
7,865
31
747
13
43
431
2,032
28
8,600
2,192
27
8,339
35
1,548
247
7
111
691
576
581
189
469
272
588
11
674
556
1,405
74
34
792
762
202
287
582
189
198
902
324
274
September
274
4,241
184
1,317
207
627
August
July
185
596
189
116
2,267
7,520
120
1,5 8 1
1,3 8 1
44
1,732
33
Panama...........................
153
314
530
153
729
276
448
345
158
453
2,155
29
6,133
33
357
5
48
150
492
Chile............................
314
313
146
1,383
2,640
1970 P
1969 1 /
282
7
846
177
221
107
630
November p December p
236
709
187
185
596
189
198
1,16 2
2,267
7,520
184
1,317
250
324
274
139
2,417
7,543
748
291
234
449
1,909
42
6,659
49
116
762
198
503
1,952
46
5,506
37
827
588
23,694
24,111
4,529
4,213
22,633
4,016
605
560
359
353
327
244
7
419
258
6
780
174
213
104
643
13
48
876
178
213
108
652
601
15
53
539
305
265
247
7
820
162
225
117
741
1,18 9
88
618
761
4o
631
1,015
95
34
91
39
805
96
44
5,967
5,74o
5,300
5,069
5,064
4,911
4i
4i
245
356
38
366
35
274
426
85
107
4,557
185
32
258
304
73
135
5,147
199
260
275
80
1,306
34
733
98
42
5,636
4,911
635
84
44
6 11
733
98
42
Asia:
India............................
2,612
176
38
270
50
215
3,320
171
36
213
260
86
36
213
32
260
86
146
3,788
146
3,788
236
201
628
606
4l
235
304
73
135
5,147
199
258
226
296
363
59
131
3,914
307
264
275
260
603
212
228
745
591
779
6,925
61
115
3,969
53
12 1
4,118
250
401
50
118
4,242
195
859
628
236
201
196
628
606
5,54l
5,953
6,396
6,396
7,945
6,913
33
12
87
21
66
14
11
18
260
361
87
21
66
23
499
23
505
83
17
395
50
33
47
24
664
685
678
17
14
53
19
567
695
701
520
817
803
777
669
573
520
282
282
389
39
428
428
31
389
34
.... ^ 2 -
423
390
31
421
392
33
425
389
311
29
311
4l8
33
305
261
28
289
29,232
30,234
38,631
38,730
40,453
40,709
41,426
41,483
41,787
40,453
1,175
1,372
78
1,325
32
21
1
21
46
*
175
4
89
1,245
35
143
64
881
26
873
70
5
11
8
848
30
145
89
5
151
83
5
975
17
129
89
5
Total international and regional.
1,273
1,483
1 ,1*09
1,215
1,498
1,117
1,16 8
1,139
h,$l5
Grand total........................
30,505
41,668
41,812
42,543
42,651
U2.928
41.668
Thailand.........................
Africa:
Morocco..........................
289
222
616
18
61
16
221
349
Other countries:
All other........................
International and regional:
International....................
European regional...............
Latin American regional.........
Asian regional..................
African regional................
1/
278
27
6
269
155
556
13
58
8
29
1,257
6
100
1*0 ,0U0
196
1,257
975
17
129
6
100
46
*
1,409
4o,l4o
j
1
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
31,717
508
718
*
p
,
^ 1 .
280
275
30
21
49
19
40,313
150
77
..
42,300
263
242
282
279
296
768
585
247
549
727
680
508
718
7,021
7,101
7,401
7,945
14
47
19
18
471
20
83
17
395
82
5
511
17
10
55
26
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
l4
11
39
428
96
T r e a s u r y Bulletin
_____________________________________________________________ C A P I T A L
M O V E M E N T S ___________________________________ ____________________________
S e c t i o n I - Liabilities t o F o r e i g n e r s R e p o r t e d b y B a n k s in t h e U n i t e d S t a t e s
T a b l e C M - I - 4 . - S h o r t - T e r m Liabilities, b y T y p e
a n d Country, as of
D e c e m b e r 31, 1 9 7 0
Preliminary
(Position in millions of dollars)
Short-term liabilities payable in dollars
Country
Total
short
term
liabilities
Europe:
Austria............................
Pel giuip-T.iiicemboiirg
Denmark............................
Finland....... ....................
France.............................
Germany,...........................
Greece.............................
Italy..............................
Netherlands........................
Norway.............................
Portugal............. ..............
Spain..............................
Sweden.............................
Switzerland........................
Turkey.............................
United Kingdom.....................
Yugoslavia............ ............
Other Western Europe............. .
U.S.S.R............................
Other Eastern Europe..............
Total Tftirope
Canada...............................
4.016
Argentina..........................
Brazil.............................
Chile..............................
Colombia............. ............ .
Cuba....... .......................
Mexico......... ...................
Panama.............................
Peiu................................
Uruguay............................
Venezuela........... ...............
Other Latin American Republics....
Bahamas and Bermuda...............
Netherlands Antilles and Surinam...
Other Latin America......... ......
Total Latin America...............
Asia:
China Mainland.....................
Hong Kong..........................
India..............................
Indonesia..........................
Israel.............................
Japan............................ .
Korea..............................
Philippines........................
Taiwan....... .....................
Thailand...........................
Other Asia.........................
Total Asia.........................
Africa:
Congo (Kinshasa)................. .
Morocco............................
South Africa......... .............
United Arab Republic (Egypt)..... .
Other Africa.......................
To foreign banks and official institutions
Total
U. S.
Treasury
Deposits 1/ bills and
certif
icates
52
325
*21
170
27
*
138
2
289
*
8
3
271
3
38
*
2
9,189
10,352
1,899
936
697
3,017
*79
15
**9
95
5
2
5
29
*3
*
2
*1
36
6
2
-
5
*
271
70
157
87
6
315
121
50
92
*13
32*
163
72
32
181
565
_
*
2*
27
3
30
1,856
23
15
53
113
5U
205
105
217
114
155
559
*3
*,773
32
86
15
*3
22,633
21,441
116
2,267
7,520
184
1,317
762
324
274
198
503
1,952
46
5,506
37
588
539
305
3,511 .
265
234
62
308
46
55
1,292
456
129
555
25
9
19*
100
15*
1
257
23
167
25
327
187
366
19
9
*,9H
2,702
1,956
32
258
302
73
135
5,147
199
26
16 1
283
265
247
7
820
162
108
160
1
503
26
225
117
741
175
6 11
287
733
98
42
296
275
508
718
7,9*5
14
11
83
17
395
26
327
68
122
5,087
193
189
250
501
639
7,520
26
138
*8
65
91
1,555
170
171
170
391
379
3,205
52
226
128
9
856
6,938
15
698
*36
68
5
6
*8
50
51
29
52
73
*
11
5
791
*
268
218
3
9
l
*
56
189
18
126
*
7
*
1
2
*
2
5
*
*
*
17
*
43
*
*
78
162
256
388
32
29
56
264
68
155
85
6
7
1
2
2
23
12
2
l4
2
3
1
*
*
1
137
53
31
*
*
*
*
*
3
3
*
*
*
1
11
*
8
1
*
P 17^
2,037
19
117
35
6
90
14
5
12
51
6
93
23
7
74
_
1
*
*
*
*
*
5
1
*
1
3
*
14
1
*
2
2
4
*
6
*
*
l
*
4
q Qa
oou
1J-
26
j-1
1
*
3
*
*
*
289
105
48
77
4ll
308
2,2*7
h UO
2
-
3
4
6
2
45
3
3
6
2
42
*
*
_
*3
37
5*
18
38
23
18
349
2
92
106
148
-
206
1
1,676
*
*
*
3
9
*
11
2
1
*
1
1
55
*
25
*
6
1
*
3
7
*
2
1
*
*
7
*
25
*
*
*
2,068
208
9
6
57
12
250
16
*
57
9
3
67
66
27
**
*6
30
52
72
6
95
15
5
12
55
7
107
23
7
76
-
*
1
2
2
7
12
7
76
Total
4
43
8
3
63
57
27
39
40
29
52
64
17
84
3
122
3
38
*
2
181
539
180
113
2,197
7,445
157
1,262
714
29*
221
125
485
1,771
43
5,211
3*
402
15
52
185
596
189
Other 1/
Short-term
liabilities
payable
u. s.
in
Treasury
foreign
Deposits 1/ bills and Other 1/ currencies
certif
icates
To all other foreigners
16
*
*
*
*
l4
16
26
Total Africa.......... ........ .
520
HOU
335
11*
11
60
56
*
£B&e£_c£untries:
Australia..........................
All other..... ................. .
389
150
173
52
3
10
8
10
8
*
*
*
Total other countries..............
428
375
31
).r\r
40b
178
173
55
10
17
40,453
36,o 4o
17,880
13,367
*,793
4,045
3,576
13 1
338
97*
17
129
1**
11
10
52
5
58*
2*6
6
92
35
*
*
_
*
_
_
_
_
_
*
-
-
-
*
-
-
-
3,576
13 1
338
368
Total foreign countries..............
International and regional:
International......................
European regional..................
Latin American regional...........
Asian regional.....................
African regional...................
39
975
17
129
89
5
89
5
Total international and regional...
1*215
1,214
Grand total.............................................
41.668
37i22_
1/
*
28
26
1
*
_
*
22*
6 11
379
*
18 ,10 *
13,979
5,172
4,045
Deposits exclude negotiable time certificates of deposit, which are included in "Other”short-term liabilities.
Less than $500,000.
_
*
4
*
■
3 & r ..
_
_
_
February 1971
97
— ----- ----------
f! A P T T A T . M O V E M E N T S
S e c t i o n I - Liabilities t o F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e C M - I - 5 . - S h o r t - T e r m Liabilities, C o u n t r i e s a n d A r e a s N o t R e g u l a r l y R e p o r t e d S e p a r a t e l y
Country
(Position at end of period in millions of dollars)
Calendar year
December
1969
1965
1966
1967
1968
April
1969
1
6
6
21
1
k
2
7
9
25
1
3
2
1*
9
31
1
l*
8
6
21*
1/
6
l*
2
1*
20
1/
5
1*
11
9
38
1/
5
1*
15
10
32
1/
5
3
2
2
1
2
13
7
2
5
1*
2
2
13
7
6
2
5
2
3
19
8
1*
5
1*
2
2
19
7
8
2
5
2
2
17
8
3
7
9
2
3
2
1*
2
2
67
67
60
k3
66
51
65
69
59
April
1970
"Other Western Europe”
Iceland....................................
Ireland, Republic of.......................
Luxembourg.................................
Malta......................................
Monaco.....................................
"Other Eastern Europe"
Bulgaria...................................
Czechoslovakia.............................
Hungary................................
Poland.....................................
Soviet Zone of Germany.....................
"Other Latin American Republics"
Bolivia....................................
Costa Rica.................................
Dominican Republic.........................
Ecuador....................................
El Salvador................................
Guatemala..................................
Guyana (British Guiana)....................
Haiti......................................
Honduras...................................
Jamaica....................................
Nicaragua............................ .
Paraguay...................................
Trinidad and Tobago........................
3k
72
70
67
68
*
35
53
86
69
61*
1
55
86
73
73
2
16
16
31
9
67
ll*
1*
27
12
73
15
5
30
22
1*6
13
6
16
British West Indies........................
French West Indies and French Guiana......
2
11
2
1
15
1
Ik
"Other Asia"
Afghanistan................................
Bahrain....................................
Burma......................................
6
9
6
16
18
8
l*
5
n.a.
76
1*3
96
79
110
3
19
29
17
76
17
H
67
16
78
8
68
52
78
76
69
81*
3
17
29
17
63
13
8
2
25
2
3
25
2
2
30
2
n.a.
38
1
6
17
5
2
I*
1*1
86
3
67
3
78
52
6
13
8
20
5
2
5
1*1*
77
1*
16
15
n.a.
n.a.
1
I*
1*1
6
30
66
1*
66
82
86
5
17
33
1*2
10
61
62
89
90
5
18
37
29
18
12,
"Other Latin America"
Jordan.....................................
Kuwait.....................................
Lebanon...... .............................
Malaysia...................................
Muscat and Oman............................
Pakistan...................................
Qjatar......................................
Ryukyu Islands (including Okinawa)........
Saudi Arabia...............................
Southern Yemen (Aden and South Arabia)....
Syria......................................
Trucial States.............................
Viet Nam...................................
"Other Africa"
Algeria............................... '....
Ethiopia (including Eritrea)..............
F.T.A.I. (French Somaliland)..............
Ivory Coast................................
Liberia....................................
Mozambique.................................
Southern Rhodesia..........................
Sudan......................................
Tunisia....................................
Zambia.....................................
k
1*9
3
2
67
16
1*0
36
3
100
26
*
-7
19
*
2k
18
k9
5
100
38
*
Ik
k9
2
176
35
5
3
2
132
8
1*4
2
3
3
1
11
53
1
7
1
1
21
37
5
35
2
22
1*
3
1*
1
2
*
7
Ik
61
160
16 2/
281*
9
1*
1*
2
39
18
5
13
ll
2
5
50
35
1*0
37
1*
113
61*
1
15
55
1
3k
l
3
37
12
2
2
8
6
1*
ll*8
60
5
17
29
67
1
2
5
51
5
3
3
7
1
1
35
38
10
2
2
20
10
1
25
8
13
1
3
3
29
25
69
3
20
6
1
5
21
7
6
25
ll*
17
17
7
2k
2
k
2
16
25
18
k
26
1*0
1*
82
1*1
7
15
2k
5
20
1*8
1*0
1*
I*
3
1*0
22
2
1
3
35
26
17
1*6
3
83
30
6
17
35
1*
*5
106
17
2
k
k
9k
82
1*8
n.a.
n.a.
3k
7
n.a.
166
25
2
6
7
91
6
15
1
8
3
lk
20
68
3
10
7
2
3
23
2
9
19
288
6
11
9
2
3
10
5
20
7
7
38
20
16
18
3k
28
1
10
1*
k3
25
6
13
33
1
7
3
1*7
41
1*30
5
11
10
2
1
18
"Other Countries"
!9
Note: Data represent a partial breakdown of the amounts shown for the corresponding dates for the "Other" categories in the regular monthly
series in the "Treasury Bulletin."
1/ Included with Belgium (see Section I, Table CM-I-3).
2/ Data exclude $12 million resulting from changes in reporting coverage
*” and classification,
n.a. Not available.
*
Less than $500,000.
98
T r e a s u r y Bulletin
________________________CAPITAL MOVEMENTS________________________
S e c t i o n I - Liabilities t o F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e C M - I - 6 . - L o n g - T e r m Liabilities b y T y p e
(in millions of dollars)
Payable in dollars
End of
calendar year
or month
1957..........................
1958..........................
1959..........................
1960..........................
1961 ..........................
1962..;.......................
1963 ...........................
1964 ...........................
1965..........................
1966..........................
Total
long-term
liabilities
Foreign countries
Total 1/
10
2
1
10
2
1
2
2
7
7
69
310
513
1,494
7
7
28
204
203
988
Banks
n.a.
n.a.
n.a.
n.a.
n..a.
n.a.
n.a.
n.a.
n.a.
913
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
25
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
50
42
106
311
506
689
698
Other
foreigners
1967 2/.......................
f2,5A&
^ 2,560
1,858
1,807
1,807
15
15
35
40
1968.*. .........................
1969.... .............. .......
1970p.... ....................
3,166
2.495
2,389
8
40
913
2,341
1,507
699
160
1969-Dec......................
2,495
1,602
1,507
2,345
2,346
2,348
2,277
1,465
1,471
1,454
1,430
1,37*+
1,376
1,352
1970-Jan......................
Feb......................
Mar......................
Apr......................
1,696
2,220
June.....................
2,135
July.....................
2,051
1,951
1,921
1,839
1,732
Dec p ....................
1/
2/
1,696
1,863
1,602
1,362
1,286
1,224
1 ,1 1 6
1,062
995
922
913
International
and regional
Official
institutions
1,320
1 ,2 48
1,12 2
1,052
9 k6
886
825
753
699
Dollar-foreign currency breakdown not available prior to 1966; amounts
reported for earlier dates assumed to have been payable in dollars.
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
55
ko
_
_
_
_
_
777
892
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
_
-
1
53
784
1
55
40
55
59
36
35
39
892
880
1
1
1
1
62
6k
6k
116
118
120
119
119
118
160
50
48
875
894
847
859
849
5k
827
k6
51
57
51
51
53
835
844
809
784
-
_
T
1
1
1
1
coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
p
Preliminary,
n.a.
Not available.
February 1971
99
.CAPITAL M OVEM ENTS.
S e c t i o n I - Liabilities t o F o r e i g n e r s R e p o r t e d b y B a n k s
in t h e U n i t e d States
T a b l e C M - I - 7 . - L o n g - T e r m Liabilities b y C o u n t r y
(Position at end of period in millions of dollars)
Calendar year
1970
Country
1968
1967
Europe:
Austria...........................................
Belgium-Luxembourg.......................
Denmark.. .......................................
Finland..........................................
France..........................................
Germany.................................. .
Greece.............................................
Italy..............................................
Netherlands....................................
Norway.............................................
Portugal......................................... ,
Spain.............................................. .
Sweden....... ....................................
Switzerland....................................
Turkey..............................................
United Kingdom.............................. .
Yugoslavia..................................... .
Oth&r Western Europe.....................
U.S.S.R.........................................
Other Eastern Europe.....................
Total Europe................................
Canada................................................ .
Latin America:
Argentina....................................... .
Brazil.....................................
Chile.............................................. .
Colombia......................................... .
Cuba.................................................
Mexico..............................................
Panama...................................
Peru.................................................
Uruguay............................................
Venezuela.........................................
Other Latin American Republics...
Bahamas and Bermuda.......................
Netherlands Antilles and Surinam.
Other Latin America.......................
Total Latin America.................. <..
Asia:
China Mainland................................
Hong Kong...................................
India...............................................
Indonesia.........................................
Israel..............................................
Japan................................................
Korea.............................. ................
Philippines.....................................
Taiwan..............................................
Thailand...........................................
Other Asia.......................................
Total Asia.......................................
Africa:
Congo (Kinshasa)............................
Morocco............................................
South Africa....................................
United Arab Republic (Egypt).......
Other Africa....................................
Total Africa....................................
Other countries:
Australia.........................................
All other................................ .
Total other countries....................
Total foreign countries....................
International and regional:
International..................................
European regional...........................
Latin American regional................
Asian regional................ .
Ik
1
2
11
110
1
1
2
*
1
3
5
*
46
16
251
25
1
1
172
1
July
14
August
14
1
*
*
1
55
55
2
*
2
*
1
*
1
1
1
1
1
1
*
4
*
37
4
*
47
*
15
1
1
September
15
October
15
Decemberp
14
15
*
1
1
1
1
1
55
55
55
110
2
*
2
*
2
*
2
*
1
1
1
1
1
1
*
1
4
4
*
4
*
49
*
15
49
50
*
November p
2
1
1
1
1
1
1
1
1
1
1
49
37
*
1
18
54
174
143
144
13 1
131
130
174
284
25
64
25
*
13
25
*
25
25
25
25
25
25
17
25
*
13
25
*
1
1
*
44
3
*
100
3
*
47
3
25
25
1
1
*
47
48
3
49
3
*
44
3
*
53
3
7
*
54
3
7
*
53
3
7
1
1
168
1
1
74
1
1
1
1
1
4
*
1
*
1
*
56
3
6
1
*
1
*
57
3
6
57
3
7
*
58
3
7
1
1
*
1
l
1
2
7
8
*
44
2
6
8
49
4
5
14
484
541
239
152
222
170
172
172
160
152
126
443
241
41
655
7
523
54
64
48
7
483
54
70
278
6
385
47
14
42
8
21
7
4l6
54
14
42
8
6
385
47
14
42
8
21
693
7
467
54
17
42
9
31
627
63
61
18
403
88
67
43
201
451
1,289
1,751
1,239
524
796
7
499
54
66
49
22
39
737
51
68
10
67
2
59
59
61
63
78
69
61
1,224
61
1 ,1 1 6
_6l_
913
1,062
995
923
2L
913
483
39
46
12
218
*
-51.
1,863
658
72
72
48
■
&3BL
28
70
J5&-
63
44
11
31
28
570
524
59
.-
4o4
432
562
483
586
599
621
561
520
276
314
31
44
264
36
210
31
200
36
207
252
31
256
784
827
835
859
844
809
784
2,>*95
1,696
2,051
1,951
1,921
1,839
1,732
1,696
18
Total international and regional.
698
777
Grand total.........................................
2,560
3,166
* Less than $500,000.
p Preliminary.
1970 p
1969
31
33
264
____36_
loo
Treasury Bulletin
______________________________________________ CAPITAL MOVEMENTS______________________________________________
S e c t i o n II - C l a i m s o n F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e CM-II-1. - S h o r t - T e r m C l a i m s b y T y p e
(In millions of dollars)
Payable in dollars
Loans
End of
calendar
year
or month
1957.........
1958.........
1959.........
I960.........
Total
short
term
claims
2,199
2,542
2,599
3,594
Total
Total
^4,777
5 ,10 1
4,606
IQAv 1 /
7,411
7,957
196*5 1/
^7,632
7,735
5,344
6,810
7,333
7,158
5,243
1966 1 /
*7,819
7 ,853
7,399
7,433
10 A7 1 /
68 ,583
^ 8,606
8,158
8,182
8,261
5,887
351
290
1,646
1,660
329
329
699
709
1,953
1,915
359
186
953
955
2,652
223
1,374
1,403
930
1,268
1962.........
1963.........
f 4,719
Banks
386
439
498
524
2,052
2,344
2,407
3,135
4,177
4,234
Official
insti
tutions
1,309
1,297
242
401
2,773
221
2,968
2,970
271
271
1,566
3,139
3,141
3,137
3,150
256
256
306
306
1,739
1,739
1,6 16
3,165
247
^9,606
9,063
9,091
3,281
3,278
262
262
10,751
10,100
3,040
119
1969-Dec. 2/..,
9,606
9,091
3,278
262
1970-Jan.....
Feb.....
9,305
8,804
8,750
3,260
9,340
9,430
9,714
9,904
8,926
257
265
294
335
315
305
1968.........
1969 1 /......
1970 p .......
Aug.....
8,711
[9,578
9,210
9,616
9,401
9,626
Nov. p...
Dec. p...
1/
9,726
10,073
10,751
8,952
9,216
9,437
9,195
8,937
9,147
9,207
9,518
10,100
3,207
3,290
3,116
3,193
3,316
3,191
2,975
3,229
3,120
3,132
3,040'
256
178
186
109
95
119
1,567
Other
for
eigners
Payable in foreign currencies
Collec
tions
out
standing
for
account of
reporting
banks and
domestic
qustomers
303
42 8
460
482
618
622
642
774
1,055
1,15 0
1,13 0
Other
short
term
claims
423
421
<699
516
582
1,233
694
700
1,837
1,874
1,967
656
605
686
832
2,214
1,007
1,135
2,600
2,621
2,501
1,268
422
147
198
192
460
132
181
178
543
543
342
343
495
543
309
343
342
336
601
624
425
425
450
325
329
240
241
287
287
336
516
516
352
352
651
393
474
492
1,288
2,450
2,540
1,228
1,228
1,511
1,552
3,013
3,013
443
464
498
467
1,697
1,2 2 1
1,733
2,854
509
1,946
1,943
1,709
1,073
1,073
3,169
1,2 12
1,954
1,954
2,415
3,966
658
656
680
1,943
1,986
1,914
1,922
1,734
1,825
1,932
1,073
1,018
1,029
1,074
1,047
1,053
1,079
1,954
1,970
1,992
2,083
2,153
3,202
656
516
352
554
563
502
2,220
2,238
3,019
2,987
3,044
3,223
3,244
3,287
415
478
498
467
347
320
300
342
338
314
1,873
1,711
1,936
1,897
1,894
1,709
1,063
1,087
1,108
1,123
1,143
2,244
2,245
2,275
2,331
2,429
2,415
3,234
3,170
3,056
3,158
3,330
3,966
421
463
479
519
555
651
354
366
370
354
393
1,2 12
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures- on the first line are comparable in
coverage to those shown for the preceding datej figures on the
second line are comparable to those shown for the following date.
1,367
2/
p
3,202
508
459
559
595
525
547
586
589
627
680
420
420
461
296
Other
short
term
claims
L5
16
15
222
492
1,143
1,145
1,272
384
552
803
Total
Foreign
Deposits
of
government
reporting obligations
banks and and
domestic
commercial
customers and
with for finance
eigners
paper
2,508
1,603
1,132
Accept
ances
made for
account
of for
eigners
238
200
200
186
157
182
187
42
77
102
68
54
95
96
70
70
110
110
74
70
63
67
40
73
84
84
90
79
79
168
84
77
79
78
78
70
62
45
70
87
78
61
50
40
67
112
90
66
72
74
64
59
74
83
89
168
Data are comparable in coverage to those shown for the following date;
for data comparable to those shown for the preceding date, see first
line opposite .1969«
Preliminary.
February 1971
______________________________________________ CAPITAL MOVEMENTS_________________________
S e c t i o n II - C l a i m s o n
F o r e i g n e r s R e p o r t e d b y B a n k s in t h e U n i t e d S t a t e s
T a b l e CM-II-2. - S h o r t - T e r m C l a i m s b y C o u n t r y
(Position at end of period in millions of dollars)
Calendar year
1970
Country
1967
1968
16
6
*0
36
63
66
1969 1 /
1970 p
July
6
13
53
August
Europe:
83
37
78
88
12
105
*0
61
26
Turkey...........................
Canada.............................
*3
10
*6
5*
75
98
38
244
13
13
3
205
22
120
56
*0
68
107
205
22
120
51
3*
51
3*
107
171
179
19
58
35
7
7
56
*0
68
8
8
70
67
70
67
99
19
58
93
38
99
19
50
*0
66
113
18 *
26
16 1
61
5*
11
5*
97
100
318
22
*18
28
*08
28
9
379
35
15
3
9
9
22
3*
1,*5*
3
36
1,*50
2
2
818
826
1,0 6 1
_k.3*L
729
221
2*9
338
193
311
317
309
317
32*
306.
Panama............ ...............
Peru.............................
Other Latin American Republics...
Netherlands Antilles and Surinam.
188
206
225
1*
9*8
56
16
960
*7
2*9
*2
226
289
63
10
18
2,707
188
1*
801
68
16 1
*8
2*0
295
92
1*
27
2,803
207
**
232
280
80
19
22
2,889
225
1*
803
68
16 1
*8
2*0
322
199
28*
1*
902
95
1*7
63
281
295
93
1*
27
3*0
152
19
2,802
3,163
2
22
*6
30
8
51
103
123
10
335
33
6
2
1
533
173
177
217
27
90
52
113
109
17
399
32
7
1,205
. 1 ?^ 3 _
169
12
597
3*
Latin America:
Chile............................
28
65
83
125
25
87
*9
31
18
1,238
21
7
52
36
63
75
**
*5
i»3io.
.
210
250
1*
901
68
156
57
295
56
67
33
10
59
112
100
6
382
36
7
3
*0
1,* * 2
297
306
60
16
18 1
28
102
805
53
251
29*
2*8
*
70
3*
63
10 *
7*?
296
210
256
1*
889
68
1*2
299
September
317
205
265
1*
900
83
132
57
266
285
7*
17
18
22
2,900
2,867
2,9*3
1
*1
12
1
35
1
*6
10
*6
82
20'
23
October
November p
8
5
68
36
56
78
182
27
106
December p
*
52
*0
16
58
123
115
*
378
*2
8
3
*3
.i,*!6..
859
303
323
199
267
1*
906
9*
136
5*
284
298
6
50
71
37
55
105
18 *
25
92
57
*0
66
113
18 *
26
10 1
6l
*8
5*
11
13
5*
5*
97
110
98
100
*
*30
9
379
35
*1
12
1
*1
22
1,487
3
36
1,450
865
l,06l
306
322
189
272
32*
322
199
284
1*
13
93*
8*
902
55
95
1*7
63
321
3*0
1* 1
28*
281
131
1*
10 1
152
15
19
3,0*3
3,058
20
22
22
3?163._
Asia:
1
30
10
Korea............................
Taiwan...........................
1
1
36
10
32
19
23
8*
3,11*
77
239
38
99
1*5
5
57
3,15*
59
303
37
100
138
10 1
212
*,261
10 1
212
109
6
3
55
6
3
55
3,3*2
158
215
*9
*9
Africa:
1
2
United Arab Republic (Egypt)....
3
2
*6
8
37
11
52
102
Other countries:
m
5*
13
66
67
6 ,6o£
7
6,710
*
*
Grand total.......... .............
8,606
11
86
162
73
_
11
86
162
53
53
16
13
9,576
.
39
13
56
10
30
108
3,372
158
215
30
108
3,872
1
36
16
___ §2 _
9 ,60*
2
2
.2.5EL
9,606
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
120
3,890
36
90
3,378
196
222
137
95
82
157
*,815
*
11
*2
80
3,276
228
269
209
81
106
165
96
180
*,*06
.
3,225
227
215
81
108
157
*,198
6
5
72
13
63
_152 „
180
5
*
69
15
65
. 15.7 ,
6*
16
63
15
66
16
60
80
10 ,7*6
78
82
77
9,624
6
77
13
79
.. ... 2
9,6lk
1
- 2*616
6
68
l*
65
.
i?7..
9,399_
2
17
2
2 ,626,
2
36
12
*1
105
3 ,26*
1
2
12
39
13
56
36
5*
110
13*
3,538
197
129
*,155
16 *
*,*20
218
82
100
160
4
6
72
120
3,890
196
137
95
82
97
109
157
*,8 15
4
5
*
76
6
10
63
i?7...
72
77
13
79
166
180
59
15
59
64
16
16
10,071
10,748
2
n z
12
75 _
9,725 _
1
80
..9,1*
column are comparable to those shown for the following date,
* Less than $500,000.
p Preliminary.
Treasury Bulletin
102
fiAPTTAT. M n V R M R N T a
S e c t i o n II - C l a i m s o n F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e C M - I I - 3 . - S h o r t - T e r m C l a i m s , b y T y p e a n d C o u n t r y , a s o f D e c e m b e r 31, 1 9 7 0
Preliminary
(Position in millions of dollars)
Short-term claims payable in dollars
Country
Europe:
Austria........................
Belgium -Luxembourg............
Denmark........................
Finland.............. .........
France.........................
Germany........................
Greece.........................
Italy..........................
Netherlands....................
Norway.........................
Portugal.......................
Total
short term
claims
Foreign
banks and
Total official
institutions
Total
101
6l
54
11
54
97
100
9
379
35
22
3
36
9
339
35
21
3
36
2
15
4
6
45
31
4
48
12
12
3
12
44
57
7
92
20
12
1
13
Total Europe...................
1,450
1,276
Canada...........................
l,06l
324
Sweden.........................
Switzerland....................
Turkey.........................
United Kingdom.................
Yugoslavia.....................
Other Western Europe..........
Other Eastern Europe..........
Latin America:
Argentina......................
Brazil.........................
Chile..........................
6
50
4o
66
113
184
26
322
199
284
14
5
45
38
66
104
125
1
5
2
*
9
59
*
12
17
1
*
2
3
19
*
4l
1
1
-
1
5
2
*
7
56
*
5
17
1
*
2
3
*
36
*
1
-
*
“
*
*
*
2
3
7
*
*
*
*
*
*
*
5
1
*
311
128
303
379
156
173
155
*
19
726
271
72
199
23
96
336
335
16 1
81
93
318
313
199
i4o
80
73
57
50
248
32
36
4
111
52
31
63
95
40
25
14
104
26
*
536
55
84
27
159
115
120
60
117
17
52
*
287
24
48
24
48
64
88
11
2
2
4
-
13
34
7
66
100
9
28
36
*
*
*
*
9
6
*
*
1
*
4
*
1
8
-
6
9
*
*
19
*
*
*
122
11
1
*
*
3
2
6
6
9
*
1
36
6
*
*
17
1
7
12
3
2
1
10
2
18
*
*
*
1
*
*
*
*
-
*
*
832
787,
550
861
49
83
21
9
53
2
9
3
11
*
9
10
3
9
1,214
11
*
35
-
2
151
54
13
22
47
4l4
14
39
10
19
37
8
*
6
3
14
3
15
3
2
ll
26
*
*
9
67
20
22
1
3
6
*
*
*
*
1
42
*
3
*
1
6
*
*
*
*
*
4l
2
*
1
6
*
-
*
*
*
*
*
1
*
*
283
19
22
Total Latin America...........
3,163
3,080
2
39
13
56
120
3,890
2
39
13
56
119
3,849
196
135
95
Asia:
China Mainland................
Hong Kong......................
India..........................
Indonesia......................
Israel.........................
37
5
89
13
1
20
1
4
*
*
14
9
*
6
3
*
*
2
4
6
104
*
2
*
*
Other
439
81
19
22
281
*
9
29
53
12
45
7
3
4
34
2
Foreign
government
obligations
and commer
cial and
finance
paper
19
10
1
13
89
44
53
11
52
94
Other Latin America...........
95
147
63
3
16
Total
Deposits of
reporting
banks and
domestic
customers
with
foreigners
*
31
1
2
*
26
340
152
Panama.........................
Peru...........................
Uruguay........................
Venezuela......................
Other Latin American Republics.
Bahamas and Bermuda...........
Netherlands Antilles and
902
1
4
2
1
10
15
3
12
5
2
*
4
6
Short-term claims payable
in foreign currencies
Accept ances
made for
account
Other
of
foreign
ers
6
6
33
40
14
33
25
7
6
24
9
12
3
54
1
6
2
3
14
866
88
147
63
264
340
145
Cuba...........................
1
12
1
5
35
Other
Collections
outstanding
for account
of report
ing banks
and domestic
customers
190
74
102
2
17
3
17
19
428
16
16
1
37
6
10
2
7
37
29
6
61
16
28
61
6
16
82
152
254
18
28
81
2,140
95
30
70
72
16
18
~
16
*
2
Korea..........................
Philippines....................
Taiwan.........................
Thailand.......................
Other Asia.....................
196
Total Asia.....................
4,815
4,763
638
573
65
1,435
2,560
130
52
51
*
2
Africa:
Congo (Kinshasa)..............
Morocco........................
South Africa...................
United Arab Republic (Egypt)...
Other Africa...................
4
6
77
13
79
4
6
76
13
78
*
1
19
1
*
*
11
1
14
*
1
8
1
4
2
*
30
9
17
1
1
2
1
1
*
*
1
*
1
*
_
*
_
_
_
_
-
*
*
*
_
137
95
109
157
Total Africa...................
180
Other countries:
Australia......................
All other......................
64
16
Total other countries.........
Total foreign countries..... .
International and regional....
Grand total......................
*
Less than $500,000.
109
28
*
14
65
30
11
12
72
26
2
33
65
ss-
5
2
1
-
26
ii
4
-
*
5
4
*
*
2
1
*
39
12
4
6
5
*
1
1,211
2,415
3,966
680
651
393
90
168
... -3
___ 1
-
-
-
-
-
-
-
1,828
1,212
2,415
3*2*6
680
651
393
90
168
4?
27
59
19
2
10
16
*
8
1
13
80
75
20
10
10
10,748
10,097
3,036
1,825
10,751
3
10,100
3,o4o
*
*
178
3,
*
1
Z E
-
February 1971
103
______________________ CAPITAL M OVEM ENTS._______________________
S e c t i o n II - C l a i m s o n F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
Table CM-H-4. - L o n g - T e r m
Claims by Type
(In millions of dollars)
Payable in dollars
End of
calendar year
or month
1957.....................
1958......................
1959......................
I960......................
1961......................
1962......................
1QA^-Ma v 1/
1963 1/...................
1964. 1/...................
1965......................
1966......................
1967......................
1968......................
1969......................
1970 p ....................
1970-Jan..................
Feb..................
Mar.................
Aug..................
Oct..................
Total
long-term
claims
1,174
1,362
1,545
1,698
2,034
2,160
/2,293
12,379
/2,837
13,030
J 3,971
14,285
4,517
4,180
3,925
3,567
3,250
3,049
Loans
Total
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,293
2,379
2,834
3,028
3,971
4,283
4,508
4,162
3,909
3,552
3,232
3,024
Total
Official
institutions
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,260
2,346
2,781
2,811
3,777
3,995
4,211
3,915
3,635
3,158
2,806
2,680
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
660
730
725
728
703
716
793
702
669
528
502
488
Banks
Other
foreigners
Other
long-term
claims
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
273
273
397
397
701
729
628
512
323
237
209
230
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1,328
1,342
1,659
1,685
2,372
2,550
2,790
2,702
2,642
2,393
2,096
1,963
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
33
33
54
217
195
288
297
247
274
394
426
343
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
#
*
2
2
*
1
9
18
15
16
18
25
3,250
3,232
2,806
502
209
2,096
426
18
3,187
3,161
3,226
3,248
3,232
3,165
3,158
3,129
3,195
3,216
3,202
3,138
2,736
2,727
2,796
2,815
2,822
2,776
461
476
519
508
511
486
212
205
211
220
-211
209
2,063
2,067
2,087
2,100
2,080
421
402
398
401
380
362
29
33
31
32
30
27
3,114
3,117
3,141
3,215
3,197
3,049
3,085
3,088
3,113
3,185
3,171
3,024
2,733
2,707
2,737
2,827
2,809
2,680
473
458
447
518
498
215
225
244
256
247
230
2,044
2,023
2,046
2,053
2,064
1,963
352
382
376
358
362
343
29
29
28
30
26
25
488
\/ Data on the two lines shown for this date differ because of chahges
in reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
n.a.
p
2,046
line are comparable to those shown for the following date,
Not available.
Preliminary.
*
Less than $500,000.
Treasury Bulletin
10 4
______________________________________________ CAPITAL MftVRMRWTS.
S e c t i o n II - C l a i m s o n F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e CM-II-5. - L o n g - T e r m C l a i m s b y C o u n t r y
(Position at end of period in millions of dollars)
1970
Calendar year
Country
1968
1967
Europe:
47
42
2
35
1
47
37
32
73
14
1
72
31
64
32
18
12
.........
73
Greece...........................
61
80
Belgium- Luxembourg
11
68
46
58
1
126
Turkey...........................
Other Eastern Europe............
Latin America:
Chile............................
Panama........... ...............
Venezuela........................
Other Latin American Republics...
Netherlands Antilles and Surinam.
Other Latin America......... .
11
2
56
12
19
19
5
1
68
12
12
Total Asia.......................
Africa:
bongo (Kinshasa).................
United Arab Republic (Egypt)....
7
12
12
11
11
12
453
398
481
120
240
97
64
*
391
47
75
19
148
124
8
4
7
1,344
123
244
6
123
244
133
129
128
60
P6l»
62
383
43
76
375
42
74
8
4
5
123
243
90
58
*
389
45
77
19
147
123
7
4
5
1,345
1,329
2
43
9
61
534
70
127
30
71
157
15
14
2
1,375
419
44
97
37
108
139
15
12
3
1,329
82
59
2
365
44
68
19
151
122
7
8
8
223
81
26
150
*
2
43
7
12
100
106
176
20
30
105
2
42
7
12
107
124
173
23
31
99
2
42
8
12
108
621
608
691
696
663
6
3
19
1
102
6
3
23
1
102
6
3
23
1
102
6
3
23
*
100
6
3
22
*
96
6
3
20
*
98
127
132
135
135
132
128
127
186
29
142
22
148
150
152
26
26
26
164
174
176
178
153
25
178
142
22
215
3,248
3,048
3,112
3,i 4 o
153
25
179
3,2 13
3,048
2
1
3,197
i
3,141
3,215
3,197
3,049
1
33
4
6
1
30
1
123
162
6
3
20
*
98
3
Grand total........................
3,925
3,567
1,301
23
31
95
1
1
35
8
273
59
2
365
44
68
19
151
122
7
8
8
U3
113
253
23
33
96
601
3,565
2
82
109
110
254
23
31
94
663
3,922
312
%
16
656
Total foreign countries...........
81
16
629
37
128
409
28
14
72
1
13
2
19
88
35
39
4
8
24
14
*
2
44
6
15
115
98
234
19
32
99
113
738
236
399
46
75
19
147
1,301
27
112
269
26
234
9°
8
5
5
1,324
132
21
204
223
152
125
8
5
9
1,312
18
166
Less than $500,000.
Preliminary.
26
6
l4l
187
73
53
188
*
p
26
35
3
2
69
25
6
473
53
203
6
33
301
26
3
*
66
25
7
459
4l6
*
2
44
6
15
115
98
234
19
32
99
Other countries:
3.
*
66
461
1
43
2
14
88
151
202
107
28
26
4ll
1
53
2
21
122
148
249
8
3
36
*
23
2
*
64
26
26
464
133
113
48
December p
1
13
2
31
75
21
4l
5
8
417
233
All other......... .......... .
12
2
*
63
November p
1
15
2
23
75
34
44
4
8
32
22
75
312
151
103
60
66
1
602
70
183
180
Thailand........ ................
35
3
2
69
25
6
1
14
2
21
75
30
45
3
8
34
21
70
481
Asia:
Indonesia........................
38
22
69
25
2
*
68
27
8
81
1
14
2
22
79
27
44
2
6
37
22
69
October
479
4o8
547
21
14
3
1,556
1
14
2
22
79
22
45
2
6
September
13
428
128
2
27
37
36
56
3
2
49
27
91
23
2
1
67
13
11
1
13
2
19
88
35
39
4
8
24
14
August
19
776
90
1
18
July
12
427
65
1970 p
1969
16
2
1
1
3,116
1
3,250
3,(*9
3,114
3,117
118
167
2
4l
164
1
February 1971
10 5
fiAPITAT. MOVF.MF.NTS
S e c t i o n II - C l a i m s o n F o r e i g n e r s R e p o r t e d b y B a n k s i n t h e U n i t e d S t a t e s
T a b l e C M - I I - 6 . - L o n g - T e r m C l a i m s , b y T y p e a n d C o u n t r y , a s o f D e c e m b e r 31, 1 9 7 0
Preliminary
(Position in millions of dollars)
Long-term claims payable in dollars
Country
Total
long-term
claims
Europe:
Austria....................................
Belgium-Luxembourg.........................
1
1
13
13
19
19
35
39
4
35
39
4
8
8
35
3
2
69
25
69
25
25
2
6
12
-
4
123
244
122
9*
82
82
29
19
*
9
7
52
5
5
11
1
216
235
76
51
59
2
38
64
68
18
19
151
122
7
7
6
2
302:
354
*3
122
139
107
5
4
8
8
2
4
*
8
1,125
*
44
2
44
2
6
6
15
115
98
234
19
32
99
15
115
98
234
19
32
99
*3
5
1
95
29
222
3
19
69
663
663
546
6
*
-
14
*
2
-
1
12
1,2 8 1
_
156
*
l
12
8
117
*
3
91
___
20
*
-
12
2
17
28
_
6
*
98
20
*
98
16
9*
*
4
*
4
-
127
127
113
14
_
142
l4l
22
22
128
21
l4
*
1
164
163
149
l4
1
2,679
1
2,680
3*3
-
25
-
3*3
25
3,048
1 ---3,049
Less than #500,000.
*
*
*
28
3
*
6
12
280
......h m . - ..
*
' '
6
12
308
20
International and regional...................
2
1
68
312
8
8
Other countries:
*
4
_
*
-
19
151
Africa:
3
1
l4
68
Israel....... .............................
81
1
467
365
44
India......................................
24
14
1
*
*
481
2
Asia:
China Mainland.............................
88
_
_
_
_
_
_
.
_
_
_
_
481
59
Panama* ............ ........................
*
*
*
-
2
35
3
Ik
81
Chile......................................
2
19
87
35
39
3
5
23
14
77
35
3
*
24
Latin America:
Other
1
88
Canada.......................................
Loans
13
2
Other Eastern Europe.......................
Total
Long-term
claims
payable in
foreign
currencies
6
3
3
3,023
........... r ..
3.024
..
-
Treasury Bulletin
106
.CAPITAL M OVEM ENTS.
S e c t i o n III - L i a b i l i t i e s t o F o r e i g n e r s R e p o r t e d b y
N o n b a n k i n g C o n c e r n s in t h e U n i t e d S t a t e s
T a b l e C M - I I I - 1 . - Liabilities b y T y p e
(In millions of dollars)
Short-term liabilities
End of
calendar year
or quarter-end
month 1/
Total
liabilities
Total
Payable in
dollars
566
491
428
195 8
499
440
195 9
664
581
195 7
Payable in
foreign
currencies
Long-term
liabilities
62
75
368
71
60
512
69
83
61 \
70 J
89
1960 2/.......
(
574
596
485
507
424
437
1961-Mar. 2/...
f
674
691
583
600
510
524
756
778
673
684
563
572
3 }
111
113
833
678
569
109
155
778
817
626
665
527
551
99^1
114J
151
798
805
637
644
508
513
129 "I
130 J
161
775
626
479
148
148
763
725
622
585
471
441
151 \
144 J
140
807
700
556
144
107
94 3 ^
958 J
810
600
210
f 136
1,419
1,089
827
262
329
A , 784
\1,815
1,371
1,386
1,027
1,039
343
347
414
428
2,737
1,608
1,225
382
1,129
3,215
1,797
1,450
346
1,418
f3,5H
^4,327
1,786
2,136
1,399
1,645
387
492
1,725
2,190
1970-Ma........r
4,490
2,169
1,675
494
2,321
June..... .
4,939
2,394
1,824
570
2,544
Sept.p#...,
5,151
2,498
1,940
558
2,653
June 2/...
^
\
f
^
Dec......
1962-June 2/...
f
Dec. 2/...
f
^
I
1963..........
1964-June 2/...
r
^
Dec......
1965 2/.......
196 6
1967 2/.......
196 8
.
1969-Sep t
Dec. 2/ y
f
I
Note: Breaks in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shown; in such
cases, only the figure comparable to that for the following date is
shown.
1/ Data are shown for calendar year ends and for the most recent five
quarter ends for which figures are available. Data are also shown for
earlier quarter ends when the reporting coverage changed.
2/
2/
91
83
94
^
147
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date.
Data in the second line include amounts reported by firms reporting
for the first time as a result of a canvass of nonbanking business
concerns in the United States.
p Preliminaiy.
February 1971
____ __________________________________________CAPITAL MOVEMENTS________________________________
S e c t i o n III - Liabilities t o F o r e i g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s i n t h e U n i t e d S t a t e s
T a b l e C M - I I I - 2 . - S h o r t - T e r m Liabilities b y C o u n t r y
(Position at end of period in millions of dollars)
Calendar year
1966
Europe:
Turkey...........................
1968
September
2
27
7
3
64
92
11
61
79
4
6
31
24
86
3
310
*
4
*
1
3
78
4
4
114
120
11
63
42
4
4
37
25
116
5
393
1
9
1
1
4
69
2
1
131
119
3
62
70
9
9
63
22
130
2
416
5
19
1
*
iiQH_
194
1JL36_
181
1967 1/
2
32
3
1
62
78
2
54
68
2
9
27
17
58
2
208
1
4
*
1
2
27
7
3
64
92
8
61
79
4
6
31
24
86
3
310
*
4
*
1
631_ ,
146
811
814
200
205
1970
1969
Country
December 1/ 2/
March
June
3
70
3
1
124
203
3
83
110
5
6
55
29
155
2
543
2
19
1
1
4
71
3
1
156
202
3
91
116
5
5
47
32
167
2
641
1
21
2
1
September p
2
45
2
2
124
178
3
77
66
3
9
56
35
114
3
363
1
20
1
1
4
62
3
2
135
255
4
90
90
4
10
59
38
127
3
457
1
21
1
1
1.102
1.365
198
226
204
204
213
6
16
9
6
*
13
3
9
1
25
37
22
2
1
11
13
10
6
*
24
8
10
5
23
27
46
4
5
15
14
11
5
•*
21
5
6
5
28
28
57
38
6
10
17
13
6
*
28
5
6
5
24
35
89
24
5
190
240
267
1
8
37
7
17
114
2
7
4
3
27
228
1
9
41
7
21
136
1
7
9
4
46
1,419.,
1.569
6
66
3
1
139
181
3
75
121
6
10
48
35
184
3
654
1
21
2
- 2 ..
1.564
Latin America:
Brazil...........................
Chile............................
Other Latin American Republics..•
Netherlands Antilles and Surinam.
6
10
4
7
*
11
10
7
1
36
20
3
7
1
124
4
9
8
9
*
10
4
6
1
33
24
8
5
1
121
4
9 8
9
■
*
10
4
6
1
33
24
11
5
1
6
16
5
7
■
*
6
3
7
1
33
20
18
5
2
124
130
6
12
10
7
*
9
5
6
1
22
26
22
2
1 .
132
150
9
18
12
7
*
17
4
12
5
25
43
31
2
4
190
Asia:
1
3
17
2
2
27
3
7
4
4
30
1
5
12
4
3
63
1
8
5
5
45
1
5
12
4
17
89
1
9
5
2
30
1
5
20
5
12
118
2
10
6
2
52
1
5
18
4
12
136
2
8
3
3
32
1
8
20
5
14
144
2
9
3
3
26
100
1
5
12
4
3
62
1
8
5
5
45
150
151
176
233
224
235
1
7
27
5
15
133
1
6
4
3
25
228
1
*
17
1
5
24
*
*
8
3
11
23
*
*
8
3
11
23
1
*
11
5
7
24
2
1
12
7
30
52
2
*
13
7
27
49
2
1
14
7
28
52
3
3
19
1
29
56
14
2
19
2
41
78
15
3
24
2
48
90
58
6
58
7
65
61
8
57
6
61
7
68
65
6
63
1,797
*
60
2
62
71
70
6
76
1,786
*
2,136
*
2.169
*
2,394
*
75
5
81
2.498
*
1,797
1,786
2,136
2,169
2,394
2,498
Africa:
United Arab Republic (Egypt)....
Other countries:
All other......................
Grand total........................
1/
2/
64
1,089
*
1,370
*
69
1,386
*
45
5
49
1,608
*
1,089
1,371
1,386
1,608
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
Data in the second column include amounts reported by firms reporting
2/
p
*
283
for the first time as a result of a canvass of nonbanting business
concerns in the United States.
Through December 1967, Luxembourg included in "Other Western Europe,
Preliminary.
Less than $500,000.
Treasury Bulletin
108
_________________________________ CAPITAL MOVEMENTS______________________________
S e c t i o n III - Liabilities t o F o r e i g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s i n t h e U n i t e d S t a t e s
T a b l e C M - I I I - 3 . - S h o r t - T e r m Liabilities, b y T y p e a n d C o u n t r y , a s o f S e p t e m b e r 30, 1 9 7 0
Preliminary
(Position in millions of dollars)
Country
Europe:
Austria..........................
Total
short-term
liabilities
Payable in
dollars
Payable in
foreign
currencies
6
66
3
1
139
181
3
75
121
6
10
48
35
184
3
654
1
21
2
3
6
51
3
1
97
73
3
50
106
5
8
40
35
82
2
570
1
20
2
3
*
16
*
*
42
109
1
25
15
1
2
7
1
103
*
85
*
*
*
*
1,564
1,157
160
407
213
10
17
13
6
*
28
5
6
5
24
35
89
24
5
9
15
12
5
*
27
5
5
4
11
28
82
24
5
1
2
1
1
*
1
*
*
13
6
7
*
*
267
231
36
1
9
41
7
21
136
1
7
9
4
46
283
1
7
38
7
20
115
1
4
8
3
39
244
2
3
1
1
21
*
3
1
1
7
39
15
3
24
2
48
90
14
2
23
1
47
87
1
*
1
1
1
75
5
81
58
4
62
18
1
Total foreign countries...........
International
....... ,
2,498
*
1,940
*
558
Grand total.,......................
2,498
1,940
.558
Other Eastern Europe.... ........
53
Latin America:
Chile............................
Colombia.........................
Panama.... ........... ........ .
Other Latin American Republics...
Netherlands* Antilles and Surinam.
Asia:
India............................
Indonesia........................
Africa:
Morocco..........................
United Arab Republic (Egypt)....
4
Other countries:
Total other countries...........
*
Less than $500,000.
19
-
February 1971
109
.CAPITAL M OVEM ENTS.
S e c t i o n III - L i a b i l i t i e s t o F o r e i g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s i n t h e U n i t e d S t a t e s
T a b l e C M - I I I - 4 . - L o n g - T e r m Liabilities b y C o u n t r y
(Position at end of period in millions of dollars)
1966
Europe:
Turkey...........................
Other Western Europe J / ..........
1968
1967 1/
September
1970
.December 1/ 2/
March
June
September p
1
7
*
1
33
*
42
26
*
*
*
1
35
124
*
-
_
1
_
1
36
*
55
50
*
1
27
164
*
-
_
1
1
36
*
66
50
*
1
27
164
*
-
*
84
*
_
38
189
*
56
58
*
*
5
134
469
*
7
-
*
120
*
52
297
*
123
67
*
*
6
202
*
425
*
5
-
*
125
*
48
465
*
128
69
*
7
*
6
253
476
*
5
-
1
138
*
56
622
*
133
76
*
7
*
7
290
666
*
5
-
1
186
*
_
100
600
*
130
83
*
7
*
20
268
*
730
*
5
-
1
161
*
_
92
689
*
139
118
*
7
*
26
316
6
786
*
5
-
1
174
*
_
91
597
*
156
116
*
7
1
31
347
891
*
5
-
271
335
346
1,582
2,000
2,130
2,345
2,*18
49
4?
1,041
42
1,296
46
40
34
47
50
54
57
2
*
•*
1
*
*
*
*
*
1
*
3
1
-
2
3
*
*
*
*
1
5
*
*
13
1
1
2
3
*
*
_
*
*
1
5
*
*
10
1
1
2
*
*
*
*
4
*
5
*
1
23
1
*
3
1
*
*
_
12
4
*
5
*
1
46
1
*
2
1
1
*
_
5
13
*
5
*
1
48
*
*
2
1
1
*
_
5
13
*
5
*
1
82
*
*
2
1
1
*
_
*
13
*
5
1
2
80
1
*
2
1
1
*
_
*
3
1
5
1
2
85
1
*
4
1
1
*
*
14
1
5
2
2
89
1
*
9
27
23
37
73
77
111
106
101
120
*
*
*
*
*
*
*
*
*
*
*
*
*
-
*
*
*
*
*
*
*
*
*
*
3
*
1
*
*
1
*
*
*
*
*
*
*
-
-
5
11
*
*
*
6
5
12
*
*
*
6
*
*
* .
5
12
*
*
*
*
7
4
23
24
.
*
_
*
*
Canada.............................
Latin America:
Chile............................
Peru.............................
Other Latin American Republics. •.
Bahamas and Bermuda.............
Netherlands Antilles and Surinam.
Asia:
China Mainland............ .......
India............................
Indonesia........................
Africa:
Other countries:
W
-
-
*
*
*
*
-
_
5
20
*
*
*
*
7
25
5
15
*
*
*
*
7
28
*
_
*
_
*
_
_
_
*
1
1
*
1
1
*
1
1
_
*
_
*
6
6
7
*
9
*
15
*
19
*
-
*
*
*
2
*
3
*
*
2
3
2
2
*
4
5
_
*
*
_
*
1
_
_
_
*
1
_
_
_
*
*
*
_
•*
*
*
1
1
1
1
*
*
-
7
7
5
5
4
-
7
*
8
428
1,129
-
4
1,418
8
414
1,725
2,190
9
2,321
-
-
-
1,418
1,725
2,190
-
"
-
International and r e g i o n a l . ....
-
-
-
Grand total........................
329
414
428
2/
1969
Calendar year
Country
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
Data in the second column include amounts reported by firms reporting
-
1,129
2/
*
p
-
32
15
19
-
2,544
-
2,653
-
2,321
2,544
2,653
1
for the first time as a result of a canvass of nonbanking business
concerns in the United States.
Through December 1967, Luxembourg included in "Other Western Europe.
Less than $500,000.
Preliminary.
Treasury Bulletin
110
.CAPITAL MOVEMENTS.
Se c t i o n I V - C l a i m s o n F o r e i g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s in t h e U n i t e d States
Table CM-IV-1. - C l aims b y T y p e
(In millions of dollars)
Short-term claims
End of
calendar year or
quarter^-end month
1/
Total claims
1957...................
947
111
637
78
63
170
1958...................
943
720
568
88
63
223
1959...................
1,009
705
605
68
32
304
Payable in foreign currencies
Total
Payable in
dollars
Deposits with banks
abroad in reporter's,
own name
Other short-term
claims payable in
foreign currencies
Long-term
claims
1960 2/................
f
1,775
^ 1,859
1,432
1,505
824
875
58
71
549
560
344
354
1961-March 2/ .........
f
1,633
t 1,701
1,248
1,305
939
968
76
89
233
248
385
396
June 2/..........
f
1,895
V 1*934
1,496
1,528
1,181
1,208
122
126
193
194
399
406
September 2/.....
f
2,099
V 2,117
1,646
1,664
1,323
1,340
131
132
192 ^
192 J
453
2,138
1,636
1,335
150
151
502
December.........
1962-June 2/..........
f
2,443
2,678
1,807
1,974
1,475
1,598
178
208
153
168
636
704
December 2/......
f
2,809
2,867
2,051
2,098
1,625
1,668
214
217
212
212
758
769
f 2,929
{ 2,979
2,113
2,162
1,712
1,758
201
204
200 "I
200 /
816
June 2/..........
f 3,048^
^ 3,164J
2,282
1,877
222
183
f 766
December 2/......
f
2,854
2,922
2,131
2,188
1,739
1,778
201
199
191
211
723
734
f 3,297
2,482
2,430
2,000
1,952
220
219
262 "I
260 J
815
3,934
2,776
2,853
2,306
2,338
189
205
281
310
962
1,081
1965 2/................
f 3,565
^ 3,438
2,397
2,299
2,000
1,911
167
166
229
222
1,169
1,139
1966...................
3,884
2,628
2,225
167
236
1,256
f 4,483
V 4,581
2,946
3,011
2,529
2,599
201
203
216
209
1,537
1,570
1968...................
5,572
3,783
3,173
368
241
1,790
1969-September........
5,839
3,874
3,222
386
267
1,965
f 5,925
^ 6,585
3,710
4,253
3,124
3,559
221
315
365
379
2,215
2,332
1970-March............
7,085
4,372
3,800
259
313
2,713
June.............
7,216
4,490
3,845
297
349
2,726
7,288
4,429
3,766
357
306
2,859
1963^March 2/.........
1964-June 2/..........
December 2/ ......
1967 2/...............
December 2/ 2/....
^
^
V 3,245
f 3,738
^
Note: Breaks in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shewn; in such
cases, only the figure comparable to that for the following date is
shown.
l/ Data are shown for calendar year ends and for the most recent five
quarter ends for which figures are available. Data are also shewn for
earlier quarter ends when the reporting coverage changed.
^ 882
2/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date.
Data
in the second line include amounts reported by firms reporting
j/
for the first time as a result of a canvass of nonbanking business
concerns in the United States.
p
Preliminary.
February 1971
111
CAPITAL MOVEMENTS
Section I V - C l a i m s o n F o r e i g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s i n t h e U n i t e d States
Table CM-IV-2. - Short-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1966
Europe:
Other Eastern Europe............
Panama..... ............ .........
Other Latin American Republics...
Bahamas
Bermuda*•••.........
Netherlands Antilles and Surinam.
Asia:
India............................
Africa:
Other countries:
International and regional...;....
2/
2/
September
1968
1967 1/
March
December 1/ 2/
8
61
17
8
176
244
27
177
75
13
18
72
27
37
11
1,134
15
12
2
18
6
62
16
13
160
258
28
172
70
13
14
76
25
45
13
1,072
17
9
3
26
2,057
821 —
2,265
2,154
2,098
5
42
11
6
111
134
20
103
51
8
7
90
24
29
9
774
4
14
1
7
5
47
12
9
145
204
27
124
54
10
7
71
26
39
6
1,221
7
16
*
7
5
58
13
6
149
166
26
160
59
12
15
74
24
37
10
1,199
15
16
3
7
1,209
1,369
489
545
1,449
547
2,039
540
2,053
52?
39
65
32
25
3
95
12
31
7
62
60
18
4
10
29
85
33
22
2
114
14
29
5
58
60
23
7
10
28
84
34
22
2
112
13
29
5
57
64
23
7
10
46
91
36
29
2
103
15
26
6
67
82
66
6
9
37
86
37
33
2
110
17
28
5
65
82
33
5
17
49
82
40
28
1
115
18
27
7
56
84
54
6
16
52
86
41
29
1
141
19
30
7
58
90
65
6
17
463
489
490
584
557
582
643
*
7
34
7
5
164
5
17
7
11
75
*
9
43
3
6
213
9
30
11
10
88
*
9
42
4
6
185
9
33
9
13
87
■
*
10
37
8
19
220
22
26
19
12
111
*
11
34
12
31
234
26
31
19
14
112
*
11
37
12
36
256
28
38
19
15
119
331
421
397
*
8
34
7
7
207
21
25
19
16
134
478
485
524
2
3
24
11
30
69
3
3
14
7
31
58
1
3
14
7
31
56
2
3
31
7
34
76
3
2
25
9
40
80
58
8
57
7
62
10
54
11
66
2.627
*
..... M
2.946
*
2,628
2,946
533
535 ""
697
53
97
42
33
1
139
19
34
8
69
92
83
7
25
702
62
100
37
37
1
141
19
37
6
65
102
158
8
19
61
110
42
37
1
154
18
29
5
72
98
139
10
23
798
*
17
41
17
23
310
50
33
29
15
125
660
*
19
42
14
21
312
29
31
27
13
145
571
*
13
36
11
34
298
27
32
23
15
113
602
4
4
26
9
39
80
4
4
30
9
42
4
4
28
9
42
5
3
35
10
46
4
3
29
11
48
88
86
99
95
65
8
56
9
61
10
73
64
3,709
*
71
4,252
*
65
13
78
85
14
100
4,371
1
4,48$
2
71
15
86
"4,428
3,710
4,253
4,372
4,490
.2 L —
3.010
*
65
3,782
1
3,873
2
3,011
3,783
3,874
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
Data in the second column include amounts reported by firms reporting
2/
*
p
1,732
September p
7
60
16
8
155
195
19
169
68
11
14
77
27
44
12
1,338
19
11
3
14
8
42
11
6
111
134
20
103
51
8
7
90
24
29
9
690
4
14
1
7
_
5
53
15
6
114
192
18
143
45
15
10
71
27
33
11
929
18
10
3
16
June
5
67
16
7
122
305
19
155
58
17
10
77
32
44
12
1,060
18
12
3
19
8
53
14
4
110
123
15
101
48
8
7
61
36
18
6
579
4
11
*
2
Latin America:
Chile............................
1970
1969
' "72T"
791
653
1
4,429
for the first time as a result of a canvass of nonbanking business
concerns in the United States.
Through December 1967, Luxembourg included in "Other Western Europe."
Less than $500,000.
Preliminary.
Treasury Bulletin
112
CAPITAL MOVEMENTS
S e ction I V - C l a i m s o n Foreigners R e p o r t e d b y N o n b a n k i n g C o n c e r n s in t h e U n i t e d States
Table CM-IV - 3 . - Short-Term Claims, b y T y p e
a n d C o u n t r y , as of
S e p t e m b e r 30, 1 9 7 0
Preliminary
(Position in millions of dollars)
Country
Europe:
Austria. *.........................
Belgium-Luxembourg...............
Germany..........................
Italy...... .....................
Netherlands......................
Turkey...........................
Total
short-term
claims
Payable in
dollars
6
62
16
13
160
258
28
172
70
13
14
76
25
45
13
1,072
17
9
3
26
Payable in foreign currencies
Deposits with banks abroad
in reporter's cwn name
*
9
*
1
8
85
1
3
3
*
*
3
*
4
1
30
*
*
*
4
Other short-term claims
payable in foreign currencies
2,098
5
48
16
12
142
156
26
158
64
12
13
70
24
39
11
1,022
16
9
3
23
1,869
154
75
697
481
93
123
61
110
42
37
1
154
18
29
5
72
98
139
10
23
798
57
101
37
32
*
141
15
25
3
64
81
134
9
21
1
3
1
2
1
*
1
1
*
3
7
4
*
1
4
6
4
3
721
23
1
54
*
19
42
14
21
312
29
31
27
13
145
*
16
34
13
19
242
28
27
26
12
135
653
553
*1
7
*
1
57
*
1
*
*
5
72
2
1
*
2
13
1
3
*
1
4
28
4
3
29
11
48
95
3
2
26
7
43
81
1
1
1
3
3
8
*
1
3
*
3
7
71
15
48
13
6
*
17
2
19
306
*
4
*
*
10
16
1
11
3
*
*
3
1
2
1
21
1
1
*
*
Latin America:
Chile............................
Colombia.........................
Panama...... .............. ......
Other Latin American Republics...
Netherlands* Antilles and Surinam.
Asia:
Africa:
United Arab Republic (Egypt)....
Other countries:
International and regional...;....
86
61
6
4,428
3,765
357
1
4,429
*
Less than $500,000.
1
13
2
4
1
5
10
*
1
-
-
3,766
357
306
Februaiy 1971
113
..CAPITAL M O VEM ENTS.
Section I V - C l a i m s o n Forei g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s in the U n i t e d States
Table CM-IV-4. - Short-Term Liquid C l a i m s Reported by Large N o n b a n k i n g Concerns
by Type
(In millions of dollars)
End of
calendar year
or month
total
short-term
liquid
claims
vPayable in dollars
Payable in foreign currencies.
Deposits
Total
Short-term
investments 1/
Time
Demand
Deposits
/Total
Short-term
investments 1/
Time
Demand
1,102
28
870
205
334
42
118
174
917
844
973
691
625
805
19
19
58
557
549
699
114
57
48
227
219
168
45
45
40
90
86
69
92
88
59
1967 2/.
f1,078
(1.163
901
985
66
66
702
786
133
133
177
178
50
51
77
77
49
49
1968___
1969 J/.
1,638
1,318
1,306
1,068
28
1,192
87
116
332
250
49
222
60
76
A , 715
fl,3l8
\1,449
1,726
1,717
1,604
1,484
1,536
1,586
1,357
1,068
1,184
1,425
1,446
1,353
1,238
1,245
1,279
26
105
116
161
358
250
265
301
270
251
246
291
307
69
211
174
179
78
76
86
225
190
187
180
182
194
76
80
63
66
109
112
193
203.
240
318
3j8
74
94
126
159
166
1,436
1964.
r
1965 2/.
L
1966....
1969-Nov.......
Dec. 2/ 4 /.
1970-Jan..
'Feb..
Mar..
Apr..
May..
June.
July.
Aug..
Sept.
Oct..
Nov.,
1,491
1,361
1,500
l,639r
1,711
951
1,226
951
1,023
1,242
1,254
1,168
1,061
1,045
'1,105
1,224
1,064
1,134
1,162r
1,196
183'
193
186
178
200
174
181
164
183
177
171
1,043
900
951
985r
1,026
174
267
297
366
477
515
coverage to those shown for the preceding date; figures an .the second
line are comparable to those shown for the following date.
2/ Data are comparable in coverage to those shown for the preceding date;
for data comparable to those shown for the following date, see second
line opposite December 1969.
y Data in the second line include amounts reported by firms reporting
for the first time as a result of a canvass of nonbanking business
concerns in the United States.
r
Revised.
Note:
Data represent the liquid assets abroad of large nonbanking con
cerns in the United States. They are a portion of the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM-IV-3.
1/ Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more than one year
from the date on .which the obligation was incurred by the foreigner*
2/ Data on the two lines shewn for this diate differ because of changes
in reporting coverage. Figures on the first line are comparable in
Table CM-IV-5. - S h o r t - T e r m Liquid Claims Reported b y Large N o n b a n k i n g C o n c e r n s b y Country
1970
Calendar year
Country
1966
1967 1/
| 1968
June
1969 1/ 2/
21
11
8
37
13
3
441
5
19
15
27
13
6
537
5
19
15
27
13
6
621
4
48
88
25
18
13
979
24
9
52
15
4
4
610
27
9
55
15
4
4
663
301
309
309
280
468
52
36
July
August
September
;
16
36
38
23
14
6
787
13
22
54
12
11
6
699
20
25
87
15
11
8
722
20
25
164
15
10
14
679r
20
27
196
14
12
8
674
519
;
359
309
297
382
479
523
44
;
124
133
127
111
122
126
64
63
61
60
59
52
52
9
10
10
78
78
69
62 ;
63
64
All other countries 2/ &/••••
60
59
60
63
34 :
47
70
65
56
57
Total........... ............
973
1,078
.1,163
1,638
1,449
1,586
1,491
1,361
1,500
Not?: Data represent ihe liquid assets abroad of large nonbanking con
cerns in the United States. They are a portion of the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM-IV-3,
1/ Data in the two columns shown fpr this date differ because of changes
in reporting coverage. Figures in the first column are comparable
in coverage to those shown for the preceding date; figures in the
second column are comparable to those*shown for the following date.
2/
November
21
39
55
23
14
3
813
68
1,318
October
l,639r
1,711
Data in the second column include amounts reported by firms reporting
for the first time as a result of a canvass of non-banking business
concerns in the United States.
Through December 1967, Luxembourg included in "All other countries."
Includes the liquid claims of #500 thousand or more held by reporting
concerns in any country not listed above.
Revised.
Treasury Bulletin
114
______________________________CAPITAL M OVEM ENTS_______________________________
S e c t i o n I V - C l a i m s o n F o r e i g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s in t h e U n i t e d S t a t e s
Table CM-IV-6. - S h o r t - T e r m Liquid C l a i m s R e p o r t e d b y Large N o n b a n k i n g Concerns,
b y T y p e a n d C o u n t r y , a s o f N o v e m b e r 30, 1 9 7 0
(Position in millions of dollars)
Country
Total
short-term
liqmd
claims
Payable in dollars
Total
Deposits
Payable in foreign currencies
Short-term
investments 1/
Total
Deposits
Short-term
investments 1/
Belgium- Luxembourg...........
France........................
Germany.......................
Italy.........................
Netherlands...................
Switzerland...................
United Kingdom................
20
27
196
14
12
8
674
12
22
2
12
12
4
650
12
22
1
12
12
3
583
*
*
*
*
*
2
68
8
5
194
2
*
4
24
8
5
193
2
*
3
24
Canada........................
523
126
340
125
2
254
121
86
183
1
33
1
150
56
56
*
23
348
166
Bahamas and Bermuda..........
Japan.........................
All other countries 2/.......
59
52
Total.........................
1,711
4
*
2
15
5
10
37
1,196
1,026
171
515
Note:
Data represent the liquid assets abroad of large noribariking concerns
in the United States. They are a portion of the total claims on for
eigners reported by noribariking concerns in the United States and are
included in the figures shown in Tables CM-IV-1 through CM-IV-3.
1/
Negotiable and other readily transferable foreign obligations payable
2/
*
_
1
_
_
1
*
-
15
on demand or having a contractual maturity of not more than one year
from the date on which the obligation was incurred by the foreigner.
Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above.
Less than $500,000.
February 1971
_______________________________________________CAPITAL MOVEMENTS_______________________________
S e c t i o n I V - C l a i m s o n F o r e i g n e r s R e p o r t e d b y N o n b a n k i n g C o n c e r n s in t h e U n i t e d S t a t e s
Table CM-IV-7. - L o n g - T e r m
Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1970
1969
Country
1966
Europe:
Other Latin American Republics...
Netherlands Antilles and Surinam.
Asia:
China Mainland...................
Africa:
Congo (Kinshasa)................
Morocco..........................
United Arab Republic (Egypt)....
Total Africa.....................
September
1
8
11
1
17
36
51
22
4
5
12
60
2
16
6
43
*
10
-
2
5
1
*
21
30
56
27
9
4
13
74
39
*
6
147
1
18
*
*
225
272
1
8
11
1
17
36
51
22
4
5
12
60
2
16
6
43
*
5
300
306
311
322
453
419
85
203
14
15
8
56
8
17
3
23
29
8
1
1
78
212
91
16
9
85
8
18
2
15
36
6 ,
*
1
74
212
91
16
9
91
8
18
2
15
36
6
*
1
66
194
54
10
9
73
13
17
1
16
40
2
_
*
65
179
28
18
9
70
13
20
1
16
40
2
471
575
577
*
18
6
15
95
3
21
7
1
22
1
17
5
14
128
2
23
15
3
38
188
*
_
1
4
82
1
9
5
1
14
9
49
21
*
*
18
46
2
11
6
27
2
4
-
December 1/ 2/
1
4
1
3
21
26
58
37
12
9
22
80
72
1
5
167
1
16
March
June
September p
*
*
*
*
*
4
1
3
15
12
58
125
10
9
22
83
67
1
5
152
3
14
4
1
3
17
13
58
125
10
13
22
83
68
1
5
152
3
14
4
2
3
15
12
56
124
297
13
21
79
85
1
6
159
2
15
4
2
3
16
11
55
125
313
16
20
75
47
2
4
160
4
15
4
6
3
15
20
56
126
314
16
19
76
46
5
4
157
4
10
1
-
-
-
-
-
*
*
1
1
536
584
496
595
894
1
872
537
549
557
597
1
64
172
198
19
9
73
17
20
1
16
41
2
*
2
65
174
200
22
9
77
29
21
1
20
44
3
*
2
60
178
201
24
9
74
29
30
1
21
76
2
*
2
58
175
194
23
9
65
33
24
2
22
106
2
*
2
71
177
274
33
10
63
29
30
2
20
105
5
*
6 -
498
462
633
668
707
715
824
1
17
5
14
128
16
24
15
3
38
*
15
6
31
128
19
25
14
5
55
1
15
8
43
143
57
38
19
8
57
1
14
9
49
141
62
34
19
8
55
1
14
9
50
142
79
38
19
8
52
260
299
390
391
411
1
12
14
48
166
90
36
22
13
49
452
1
11
17
48
144
78
40
28
13
48
245
1
13
14
49
158
88
37
20
11
54
444
1
*
1
4
84
89
1
*
1
4
84
89
1
*
4
4
75
*
*
2
4
65
*
*
3
4
65
83
71
14
1
16
15
1
16
35
3
38
39
3
1,570
1,790
-
1,537
-
-
1,256
1,537
1,570
Latin America:
Chile............................
1968
1967 1/
87
465
_
881
427
*
•*
2
4
63
69
*
*
2
4
69
75
*
*
1
4
66
71
*
*
2
4
69
76
41
5
43
4
47
49
4
54
53
5
58
-
1,965
-
39
3
42
2,215
-
1,790
1,965
2,215
73
Other countries:
All other........................
12
1
13
1,256
Grand total ............. ..........
1/
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
&
2/
.
46
2,332
2i V 3
2,726
-
______ -
-
2.859
-
2,332
2,713
2,726
2,859
Data in the second column include amounts reported by firms reporting for the first time as a result of a canvass of nonbaiiking
business concerns in the United States.
2/ Through December 1967, Luxembourg included in "Other Western Europe.”
*
Less than $500,000. p
Preliminary*
Treasury Bulletin
116
_________________ CAPITAL MOVEMENTS__________________
Section V
- T r a n s a c t i o n s in L o n g - T e r m S e c u r i t i e s b y F o r e i g n e r s
Reported by B a n k s a n d
B r o k e r s in t h e U n i t e d S t a t e s
T a b l e C M - V - 1 . - F o r e i g n P u r c h a s e s a n d Sales of L o n g - T e r m D o m e s t i c Securities b y T y p e
(in millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United. States^
Corporate and other securities
Marketable U.S. Government bonds and notes
Net foreign purchases
Calendar year
or month
Foreign countries
Total
Official
insti
tutions
36
1958..................
1959..................
i 960..................
1961..................
1962..................
1963..................
1964......... .
1965..................
1966..................
1967..................
1968..................
1969..................
671
-338
-76
-59
-616
-2*5
1970p................
*6
127
512
1969-Dec...........
37
1970-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June.........
2
-50
1/
532
-521
302
1 , 22*
1,217
1,730
1,7**
1,780
1,867
1,1*9
1,077
1,188
528
-39
*35
252
1,603
1,231
223
2,508
1,196
60
207
-173
-375
17
73
50
-99
-51
9
176
38
-315
-151
-*27
680
1,296
-121
- l 6l
11
585
**3
528
629
932
532
*,23*
-79
36
95
56
30
51
6*
2,681
313
1,96*
1,195
-39
111
-25
679
633
1,563
9*3
-15
*
87
50
212
2
*
11
12
-20
*8
-380
52
_
*
*
1
1
65
35
*
7*
6*
56
1*
6
21
1
-8
*
72
95
*5
-2
22
*
l
36
53
-22
-*7
2
16
51
15
27
13
5
-93
23
*9
20
*
-91
*
18
1,*87
1,153
9
115
-3
*
-
-8
10
18
July.........
Aug...........
Sept.........
Oct...........
Nov. p ....
Dec. p ....
273
165
22*
-20
-207
369
-728
-*
Inter
national
and
regional
237
52*
-98
689
-*3
-489
Other
foreign
ers
Net
Bonds 1/
foreign
Gross
purchases
Gross
foreign
foreign of
Net
Gross
corporate foreign foreign
purchases sales
and other purchases purchases
securities
-8
9
5
*0
21
678
1,070
79
*8
12
317
637
5*2
1,929
323
111
198
1,397
2, 22*
1,977
3,067
2,260
2,72*
3,076
3,720
*,7*0
8,033
2,270 ; 13,118
l,*87 12,*29
620
8 , 90*
2*6
28*
-3*9
-*13
-333
757
2,*81
1,*5*
1,862
1,775
2,7*5
2,1*9
2,527
3,*25
*,133
5,07*
7,276
10, 8*8
10, 9*2
3,0*7
1,853
2,*87
. l>5**
193
305
112
19
876
857
56
92
1*2
87
-*3
-13
775
756
855
732
818
768
120
160
- l 6l
161
156
*0
27*
25*
-*1
.93
*
122
101
-200
219
63
157
52
10*
225
158
98
213
81
82
1*2
129
18
35
3*6
239
1*5
121
81
238
121
220
228
69
271
*7
58
135
225
38
182
278
1*1
232
13
p
202
*16
675
1,553
2 , 2*3
*,**6
-56
363
3**
296
392
359
76
Data include transactions in issues of states and municipalities, and
of corporations ahd other agencies of the U.S. Government which are
Net
Gross
Gross
Gross
foreign foreign foreign
foreign
purchases purchases sales
sales
308
256
*61
133
*0
*1
118
1,011
361
369
**2
Stocks
82
99
1*7
88
168
8,285
895
728
829
628
626
563
5*5
536
619
*93
*32
60*
790
521
1,055
8*2
829
9*8
not guaranteed by the United States,
Preliminary.
* Less than $500,OCX).
T a b l e C M - V - 2 . - F o r e i g n P u r c h a s e s a n d Sales of L o n g - T e r m F o r e i g n Securities b y T y p e
(In millions of dollars; nagative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Foreign bonds
Net foreign
purchases
of foreign
securities
Calendar year
or month
1958..............................
1959..............................
i 960..............................
1961..............................
1962..............................
1963..............................
196k..............................
1965..............................
1966..............................
1967..............................
1968..............................
1969..............................
1969-Dec.......................
1970-Jan.......................
Feb.............
Mar..............
Apr..............
May.............
Net foreign
purchases
80*
80*
1,915
-336
1,*58
-238
*67
566
1,**5
-1,048
-1,0*4
883
802
-9**
-1,095
1,093
991
915
1,198
1,778
2, 02*
2,037
-83
-370
- 10*
51
509
596
702,
-830
-728
-953
-928
- 1 , 2*2
-922
-1
-105
Less than $500,000.
200
290
696
7*8
906
960
880
5*8
617
731
1,037
1,252
1,519
1,566
2,578
1,*72
2,393
*1
1,032
991
-19
176
195
-16
107
123
-77
113
109
190
265
268
186
77
23
-13
- 2*
151
70
92
18
100
101
80
109
7*
77
U5
10*
90
7*
60
62
60
58
*5
90
-1*7
3
-196
1,8*3
2,1+40
1,552
July......................
-22
2,086
592
966
806
6**
229
-157
-31*
-517
-881
-35
*
-133
- 11*
1,262
2,692
3,187
3,686
-91*
-1,163
- 1,380
- 1,026
-685
9*6
2,306
- 1,320
-1,695
-1,5**
21
*
Gross foreign
sales
889
65
35
p Preliminary.
Gross foreign
purchases
-562
-*60
-66
Oct.......................
Net foreign
purchases
- 1,026
-512
June......................
Nov. p ..........
Dec. p ..........
Gross foreign
sales
-1,363
-750
-6*5
-156
-101
-*2
Aug.............
Sept............
Gross foreign
purchases
Foreign stocks
*7
-151
-237
17
- 1*6
10
-105
168
1*3
116
113
111
1*3
110
109
97
1*0
263
380
93
255
87
2*5
15
*
15
- 1*
-50
-11
*
2,037
76
71
120
65
82
82
76
February 1971
U7
CAPITAL MOVEMENTS.
Section V
- T r a n s a c t i o n s in L o n g - T e r m S e c u r i t i e s b y F o r e i g n e r s
R e p o r t e d b y B a n k s a n d B r o k e r s in t h e U n i t e d S t a t e s
T a b l e C M - V - 3 . - N e t F o r e i g n T r a n s a c t i o n s * in M a r k e t a b l e U . S . G o v e r n m e n t B o n d s a n d N o t e s b y C o u n t r y
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1970
Calendar year
Country
Europe:
Bel gium-Luxembour g 1/...........
1967
1968
1969
*
*
-1
*
-1
*
1
*
-1
*
*
-1
_
_
_
*
*
*
*
*
*
*
*
_
Turkey...........................
Yugoslavia..... .................
Other Eastern Europe............
Canada.............................
Latin America:
Chile............................
Panama............. ..............
Venezuela........................
Other Latin American Republics...
Netherlands Antilles and Surinam.
*
1
*
8
*
*
*
*
*
-2
32
-
-3
*
-13
-
-1
-18
-4
-
52
_
*
*
_
3
*
56
1970 p
*
*
-6
_
*
*
-
*
_
7
*
92
July
_
_
August
*
_
_
_
-1
_
_
_
*
*
*
*
*
_
*
*
*
_
_
_
*
*
•*
*
*
_
•*
-
*
_
_
*
*
*
_
*
-2
_
_
_
_
•*
_
*
-
_
_
_
*
*
_
*
_
_
_
..
-1
3
2
*
*
-
-
-
-
_
4
10
13
*
23
-
51
-
-
-
-
-
_
-9
*
-
-14
-
*
_
_
_
_
_
_
_
*
_
*
*
*
*
-
•*
-
*
_
*
38
-2
50.
93
24
-343
-112
-80
•*
*
-
*
_
*
*
*
_
_
*
3
1
49
-9
-94
-1
2
-
_
_
_
_
_
_
_
*
*
_
_
*
*
*
*
*
_
_
*
_
_
*
_
_
_
_
_
_
*
_
1
*
*
*
*
_
_
_
_
_
*
*
_
*
*
*
_
_
-
23
_
_
_
-1
-
-
_
*
*
-1
•*
*
*
*
-1
6
*
*
•*
1
-3
*
*
1
2
*
*
_
_
1
1
-
-
*
*•
_
*
-
*
4
-2
2
1
1
*
-
-
-
-
*
*
_
-
-
-
-
-1
*
*
*
_
*
*
52
*
20
*
*
*
*
*
-
*
-
*
*
*
13
12
*
1
-
-
-
*
-
*
-
*
*
*
10
2
-1
-1
2
*
10
53
-
-
_
15
_
_
*
-1
*
13
7
_
*
■
*
*
*
*
1
*
-
Other Asia.......................
_
_
_
*
December p
-
*
*
-
November p
-
_
-
October
*
_
Asia:
India............................
Indonesia........................
Israel...........................
September
_
-
-
_
_
_
*
_
_
_
_
_
_
_
_
_
_
_
*
_
_
*
*
-
-
1
*
*
_
_
_
_
-
_
_
_
_
_
-
_
_
_
_
_
_
20
*
_
_
_
*
•*
■
*
*
_
-
*
*
-
-
_
_
20
*
*
*
*
*
20
-
_
_
_
_
Africa:
Morocco..........................
_
_
_
_
_
_
*
_
_
_
_
_
_
_
_
_
_
_
_
-
-
_
_
-
-
_
_
4
3
-3
35
20
-
-
-
4
3
-4
35
20
-
-
-
*
*
*
*
*
*
*
*
*
-
_
_
_
78
-328
-15
71
26
21
5
-139
-22
-31
6
-
1
-8
*
*
*
-
6
5
-1
_
-
-
-
-
Total international and regional.
-82
-40
1
-121
-161
11
-25
1
-8
*
Grand total........................
-43
-489
-4
k6
27
13
5
United Arab Republic (Egypt)....
Other countries:
All other........................
Total other countries...........
International and regional:
International....................
Latin American regional.........
Asian regional...................
1/
p
*
Through 1967, Luxembourg included in "Other Western Europe."
Preliminary.
Less than $500,000.
-
_
_
-
_
_
-
_
*
*
*
_
22
71
1
-22
*
*
1
-22
-93
23
k9
-94
-
-
_
Treasury Bulletin
118
CAPITAL MOVEMENTS
Section V
- T r a n s a c t i o n s in L o n g - T e r m Securities b y F o r e i g n e r s
R e p o r t e d b y B a n k s a n d B r o k e r s in t h e U n i t e d States
T a b l e C M - V - 4 . - E s t i m a t e d Foreign Hol d i n g s of M a r k e t a b l e U.S. G o v e r n m e n t B o n d s
and Notes by Country
(Position at end of period in millions of dollars)
Calendar year
Country
1968 1/
1967
Europe:
91
*
*
*
10
1
5
*
*
*
2
37
*
1
5
39
*
*
9
l
6
*
*
*
2
37
*
1
5
42
380
432
7
36
6
350
30
6
6U 3
641
488
716
373
3®
*
*
*
1
*
1
2
*
*
1
2
2
*
*
*
*
1
*
*
1
*
*
l
2
1
22
*
2k
28
*
*
*
1
*
9
*
*
*
*
*
1
*
10
*
*
2
*
50
-
Latin America:
Chile............................
Panama.
Other Latin American Republics...
Bahamas and ‘
Bermuda..... ........
Netherlands Antilles and Surinam.
Asia:
China Mainland...... ............
India............................
Korea............................
Thailand.........................
1969
3
*
11
2
7
1
*
6
4
38
*
l
6
87
*
3
*
12
1
7
2
*
9
5
51
*
2
2k
Other Eastern Europe............
1970
16
2
*
51
63
1970 p
Other countries:
Total foreign countries...........
International and regional:
International...................
Latin American regional........
Asian regional..................
Total international and regional.
Grand total.......................
Note:
August
407
21
7
*
1
3
1
6
*
*
*
2
37
*
1
5
49
*
^99
21
6
*
*
6
1
6
*
*
*
2
37
*
1
5
44
*
4oi
-
#
4ii
-
21
21
538
272
632
192
532
287
5^5
294
*
*
_
_
*
*
*
*
*
1
*
15
*
*
*
*
*
_
*
*
*
*
*
2
2
12
*
*
*
*
*
_
*
*
*
*
*
2
4
12
*
*
*
*
*
_
*
*
*
*
*
2
3
12
*
17
15
18
16
-
-
-
-
l
*
-
-
*
-
*
*
9
61
-
*
-
*
20
*
*
6l
*
*
2
*
7
*
*
6
1
6
*
*
*
2
37
*
1
5
kj
September
*
1
6
1
6
*
*
*
2
37
*
1
5
447
21
6
k99
560
559
191
582
190
632
284
*
*
*
*
_
*
*
*
*
*
2
4
12
*
*
*
*
_
*
*
*
*
*
2
4
12
*
*
*
*
*
_
*
*
*
*
*
2
4
*
*
*
*
_
*
*
*
*
*
2
4
*
*
*
*
*
_
*
*
*
*
*
2
4
12
*
17
17
18
18
18
7
*
-
-
-
-
-
-
*
*
-
*
*
-
20
61
61
61
61
16
80
2
1
16
80
16
80
*
*
*
*
*
*
6l
*
*
2
1
*
*
6l
*
*
2
1
*
*
2
1
.
*
*
*
*
r
*
*
_
*
*
*
*
*
*
1
*
1
1
1,466
*
*
16
81
22
12
-
16
81
19
192
-
99
*
*
*
22
21
6
*
79
*
*
*
19
12
k%
*
26
.
-
*
1
3
1
6
*
*
*
2
37
*
1
5
kl
15
16
*
1
5
1
6
*
*
*
2
37
*
1
5
424
21
7
73
_
*
1
5
1
6
*
*
*
2
37
*
1
5
H
60
2
October November p December p
423
21
7
*
2
2
14
Africa:
South Africa.....................
United Arab Republic (Egypt)....
July
*
*
*
*
*
*
*
2
*
*
*
*
*
*
2
*
16
99
_
*
*
_
-
_
_
-
-
.
_
_
ll
ll
7
42
42
42
42
42
42
7
42
42
42
42
42
42
42
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
1,138
927
912
983
959
979
984
891
912
983
29
13
1
25
13
1
32
18
-
*
24
-
30
22
-
22
35
1
23
22
23
22
23
22
24
*
24
-
-
204
^3
39
50
24
46
46
24
1,18 0
966
962
1,008
^5
1,024
k5
1,670
53
1,012
1,030
936
959
1,008
168
1
Data represent estimated official and private holdings of marketable U.S. Government securities with an original maturity of more
than one year. Data shown as of end year 1967 through end year 1968
(first column) are based on July 31 > 1963 benchmark survey of holdings and the regular monthly reports of securities transactions
(see Table CM-V-3). Data shown for end year 1968 (second column)
through latest date are based on a benchmark survey as of November 30,
1968, and the monthly transactions reports. For statistical
convenience, the new series is introduced as of December 31, 1968,
rather than as of the survey date.
*
42
The difference between the two series is believed to arise from errors
in reporting during the period between the two benchmark surveys, from
shifts in ownership not involving purchases or sales through U.S. banks
and brokers, and from physical transfers of securities to and from
abroad. It is not possible to reconcile the two series or to revise
figures for earlier dates,
\j See Note above.
p
Preliminary,
*
Less than $500,000.
February 1971
119
_______________________________________________ C A P I T A L
Section V
M O V E M E N T S _______________________________________________
- T r a n s a c t i o n s in L o n g - T e r m S e c u r i t i e s b y F o r e i g n e r s
Reported by B a n k s
a n d B r o k e r s in t h e U n i t e d S t a t e s
T a b l e C M - V - 5 . - N e t F o r e i g n T r a n s a c t i o n s in L o n g - T e r m D o m e s t i c B o n d s ,
O t h e r t h a n U-S. G o v e r n m e n t B o n d s a n d Notes, b y C o u n t r y
(in millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
Country
Europe:
Turkey...........................
Canada.............................
Chile............................
Other Latin American Republics...
Netherlands Antilles and Surinam.
Asia:
India............................
1968
1967
1970 p
1969
July
August
September
*
2
*
*
3
1
4
-2
*
2
-1
1
*
*
1
23
36
*
*
*
2
*
-1
-3
1
*
*
*
*
-1
-1
-1
*
-
*
1
*
*
1
25
1
*
*
*
*
*
3
*
15
*
-
*
42
*
*
-1
*
*
1
*
*
1
*
8
*
-8
*
*
*
3
*
_
2
1
1
*
*
-1
*
*
1
3
1
-
*
19
*
*
2
7
1
-1
-3
*
_
*
-1
9
*
22
_
1
_
*
56
October
November p December p
*
15
4
*
114
38
*
21
9
-9
*
-1
9
177
*
-337
*
3
*
3
121
11
*
195
253
5
64
39
1
*
1
15
510
*
522
*
17
*
43
1,757
815
474
68
-4
47
43
13
41
68
32
128
6
21
16
l4
17
1
*
2
*
*
*
*
8
*
*
1
1
7
10
*
*
*
*
l
2
*
*
*
1
*
-8
*
*
*
*
_
*
5
*
*
3
1
5
9
*
*
-
*
*
*
-1
*
_
-1
*
*
*
1
-1
-8
25
*
*
*
*
*
_
*
*
*
*
1
*
3
-2
*
*
*
_
_
*
*
#
*
*
*
-6
-1
*
*
*
*
*
_
-1
*
*
*
*
*
3
-2
-
*
*
*
*
_
1
*
*
*
*
*
-4
5
*
*
*
*
*
_
*
1
*
*
1
*
-2
2
31
12
l4
23
1
*
-1
*
*
1
*
*
1
_
2
*
*
-8
*
3
*
*
2
_
2
*
*
-12
1
*
-4
-l
*
3
30
-1
-11
28
Africa:
1970
16
-4
*
81
85
2
4
*
97
200
*
16
l4
-23
*
1
11
169
*
251
*
-2
*
*
*
35
48
l
15
37
-18
*
3
1
134
*
128
*
_
*
1
*
*
*
*
5
-1
*
2
-7
1
2
2
*
*
1
2
_
*
*
*
22
_
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
_
*
*
*
*
*
*
*
1
*
*
*
*
*
*
5
_
*
*
*
*
*
2
28
1
*
1
6
3
3
_
*
*
_
*
*
_
_
*
_
_
*
*
*
______ 5_
*
*
*
*
*
2
*
*
*
*
34
*
*
*
*
*
*
*
*
*
-1
*
*
_
*
_
*
*
, 3* .
*
-l
1
*
*
*
*
*
*
lit
*
10
1
10
*
-lb
-2
1
-2
_
*
_
-2
-
*
_
*
l
l4
11
10
-12
-1
-2
*
-2
*
1
Other countries:
1
192
1,847
861
64l
79
17
57
62
35
International and regional:
International ...................
European regional ..............
Asian regional .................
61
313
8
117
-
343
302
*
_
1
-
21
-
64
-
19
*
-
13
-3
_
_
Total international and regional.
121
117
302
1
21
64
19
13
Grand total .......................
313
1,964
943
81
121
81
47
-7
336
.i.ias-
Note:
Data include transactions in issues of states and municipalities,
and of corporations and other agencies of the U.S. Government which are
not guaranteed by the United States.
1/
p
*
./ZaC
Through 1967* Luxembourg included in "Other Western Europe."
Preliminary,
Less than $500,000.
-3
__ 2.8-
Treasury Bulletin
12 0
_____________________________________________________________ C A P I T A L
Section V
M O V E M E N T S _______________________________________________________________
- T r a n s a c t i o n s in L o n g - T e r m Securities b y F o r e i g n e r s
R e p o r t e d b y B a n k s a n d B r o k e r s in t h e U n i t e d S t a t e s
T a b l e C M - V - 6 . - N e t F o r e i g n T r a n s a c t i o n s in D o m e s t i c S t o c k s b y C o u n t r y
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the UniteJ'Statesl
1970
Calendar year
Country
1967
Finland..........................
Germany..........................
Turkey...........................
Canada.............................
Latin America;
Chile............................
Panama. .......... ............. .
Other Latin American Republics...
Netherlands Antilles and Surinam.
Asia;
Africa:
United Arab Republic (Egypt)....
1968
1969
1970 p
September
October
November p December p
1
9
*
*
7
18
*
1
16
*
*
1
*
40
*
20
*
*
-
*
7
*
*
-4
36
*
3
37
1
*
-1
-4
49
*
29
*
*
*
5
*
*
-3
23
*
16
13
1
*
*
*
-1
*
32
-1
*
*
29
*
*
7
13
*
1
18
*
*
*
*
11
*
g
*
*
482
58
-16
113
—6
154
26
85
-8
84
S'”
*
*
2
3
*
5
-1
2
-4
2
*
77
47
1
*
l
l
*
*
9
-6
-1
-1
6
*
8
27
-4
*
*
*
*
*
-1
-1
*
*
•*
*
5
*
*
*
*
*
1
*
*
*
1
*
-10
5
-6
*
*
*
*
1
*
1
*
-1
*
18
*
*
1
*
*
*
*
-1
*
*
1
*
21
9
*
*
*
*
*
*
-1
*
*
*
*
*
*
*
*
*
*
*
*
l
1
*
-1
*
15
12
*
136
39
3
-9
20
30
1
28
*
9
*
*
*
3
*
42
*
1
36
*
55
*
*
2
10
*
1
*
*
4
*
*
1
*
*
■
*
*
-1
20
*
*
*
1
*
*
*
*
1
*
11
*
*
*
2
*
-3
*
*
*
*
*
*
*
*
3
*
3
*
*
3
*
*
*
-2
17
80
2
*
201
169
-2
43
298
1
-12
-3
-10
822
*
-28
-1
14
1
19
226
-1
*
150
216
-1
49
189
2
-2
5
-4
490
1
-245
*
2
*
*
342
1,592
265
386
1,094
125
-1
*
1
2
*
-6
10
1
-4
6
*
49
25
1
2
-1
4
5
*
-1
-13
*
*
*
-5
140
18
1
84
151
*
37
*
■
*
9
2
*
20
*
2
54
August
*
3
*
*
16
18
*
4
16
*
*
1
*
13
*
-14
*
*
8
16
-1
*
68
68
1
34
22
1
-14
2
1
250
-2
-115
*
2
*
*
31
*
*
2
2
*
1
2
*
12
July
-2
-10
*
*
58
195
l
38
128
3
2
3
-7
110
-2
-33
-2
*
*
31
2
-1
17
*
*
39
27
*
-5
8
*
*
*
*
39
*
l4
*
*
138
4l
16
2
*
*
*
1
*
*
*
*
2
49
124
90
85
6
4
22
13
*
*
*
*
*
*
*
6
*
1
*
-1
*
*
-1
•*
*
*
_
*
*
*
*
*
*
*
*
*
_
*
*
*
*
*
*
7
-1
*
*
*
*
*
*
*
-1
-1
*
*
*
_
*
*
*
*
-1
*
3
2
*
*
-1
4
-1
3
-2
1
1
*
1
*
*
*
*
*
*
*
*
*
*
*
Other countries:
*
*■
*
*
4
3
3
-1
1
1
*
*
*
*
*
743
2,257
1,451
598
51
102
223
158
91
210
International and regional:
International...................
14
12
36
22
1
2
2
-1
7
3
Total international and regional
14
12
36
22
1
2
2
-1
7
3
Grand total........................
757
2,270
1,487
620
52
104
225
158
98
213
1/ Through 1967, Luxembourg included in "Other Western Europe."
p Preliminary.
* Less than $500,000.
February 1971
121
,CAPITAL MOVEMENTS
Section V
- T r a n s a c t i o n s in L o n g - T e r m S e c u r i t i e s b y F o r e i g n e r s
R e p o r t e d b y B a n k s a n d B r o k e r s in t h e U n i t e d States
T a b l e C M - V - 7 . - N e t F o r e i g n T r a n s a c t i o n s in L o n g - T e r m F o r e i g n B o n d s b y C o u n t r y
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1970
Calendar year
Country
1968
1967
Europe:
Finland..........................
1
48
-1
9
23
23
2
25
5
5
12
-6
1
67
*
4
1
-1
1
42
4
10
1
59
-3
6
15
6
1
*
13
-26
*
-4
-1
-8
*
*
*
140
218
-749
-39T
117
-970
Chile............................
Other Latin American Republics...
Netherlands Antilles and Surinam.
Asia:
16
13
2
-1
August
2
7
6
8
10
-22
*
21
19
6
3
1
-1
^3
*
8
*
-2
*
*
3
•*
*
*
-2
_
2
*
1
1
*
1
-2
12
*
*
*
*
1
-1
-1
*
2
*
*
*
-8
1
*
1
*
1
*
1
1
*
_
_
_
1
2
1
*
*
*
7
1
*
_
108
13
4
7
-667
-91
=135
13
2
l
53
-2
*
-2
*
*
*
-1
*
*
51
*
*
*
*
_
_
1
*
*
*
1
*
1
*
*
-12
*
*
*
1
-1
-2
•*
*•
1
*
*
*
*
*
*
*
2
_
_
September
_
_
October
*
*
*
*
*
*
2
1
*
1
*
*
5
*
1
*
-
-5
-40
10
*
*
*
*
*
*
*
*
*
*
*
*
*
1
*
-3
*
*
1
-14
3
-3
-11
1
-2
*
16
-2
3
1
-2
-29
*
-1
-2
-15
-3
-12
7
-2
-2k
*
*
5
-7
-6
1
-1
2
-25
*
*
*
*
*
*
*
35
-267
-69
20
-23
54
-15
-2
5
-2
-149
14
*
-16
-1
2
53
-97
-1
-1
*
-138
-1
-1
-7
-1
-6
-36
2
2
-2
-l6l
18
-3
-1
*
1
-1
„
-
*
-12
1
_
*
*
*
-4
1
_
-1
*
*
-8
4
*
*
*
*
*
*
*
*
*
*
*
*
-13
1
-3
*
*
*
1
-192
-Ikk
-11
-3
-5
_
_
_
_
_
*
_
_
_
-153
_
_
*
*
2
*
-21
5
■
*
8
*
-38
-19
-24
-4
-10
-15
-26
3
6
17
8
*
*
*
-4
-
_
*
*
-2
-2
*
_
_
November p December p
*
1
*
1
1
-6
*
1
1
*
*
•*
-1
-1
_
-1
*
_
-19
-14
3
-2
_
-31
3
-2
1
*
3
-3
-202
-2
3
-3
*
-181
-6
1
-4
2
*
36
Africa:
_
July
1970 p
-13
33
-16
-10
30
37
2
32
-4
-2
2
-3
-2
54
*
32
*
-32
_
Canada.............................
Latin America:
1969
7
-1
_
_
*
1
*
1
*
-10
*
2
*
*
*
-2
9
*
-k
*
*
-
-2
"
-79
2
*
*
*
-
*
*
*
*
1
-U
*
l
*
-
*
*
*
*
-13
2
-33
1
*
*
*
*
*
*
*
*
-14
-12
-32
_
_
_
_
_
_
_
*
_
_
_
_
_
*
_
*
-
-
*
*
*
*
*
*
*
*
*
*
-1
2
1
1
*
l
1
1
2
1
1
1
1
1
3
k
1
2
-55
1
-79
6
-109
16
*
-
3
*
3
*
-
16
3
*
-94
-91
17
-146
10
-105
-1
Other countries:
-771
,1 .
-1,054
International and regional:
International...................
European regional..............
Latin American regional........
-264
-16
-112
Total international and regional
Grand total........................
25 _
13
10
23
... J _
-110
-1,093
-662
-260
1
-68
54
6
6
-41
*
-392
-327
66
-177
1
-83
-259
-41
.-158
*
-158
-1,163
-1,380
-1,026
-922
-151
-237
i
1/ Through 1967, Luxembourg included in "Other Western Europe."
p Preliminary.
* Less than $500,000.
k
k
Treasury Bulletin
122
_________________________________ .CAPITAL M O VEM EN TS________________________________________________
S e c t i o n V - T r a n s a c t i o n s in L o n g - T e r m Securities b y Foreigners
R e p o r t e d b y B a n k s a n d B r o k e r s in t h e U n i t e d States
T a b l e C M - V - 8 . - N e t F o r e i g n T r a n s a c t i o n s in F o r e i g n Sto c k s b y C o u n t r y
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1970
Country
1967
Europe:
France...........................
Turkey...........................
Latin America:
Chile............................
Other Latin American Republics...
Netherlands Antilles and Surinam.
Other Latin America..............
Asia:
Korea............................
Total Asia.......................
Africa:
*
-2
*
-1
-52
-24
*
-8
48
*
*
-6
1
-16
*
-79
2
-
International and regional:
International....................
Total international and regional.
Grand total........................
1/
p
*
1970 p
1969
-136
*
-27
*
*
-25
8
*
-1
49
*
*
-9
-2
14
*
-218
-1
*
-211
-20
-52
-1
-1
*
*
-8
20
*
7
63
*
*
*
*
37
*
-161
*
1
-
*
-19
*
*
-30
-b
-1
-9
k8
*
*
*
*
2
*
-b3
*
*
July
*
*
■
*
*
-9
4
3
•*
*
*
*
1
*
*
-
-44
-158
-58
-4
n6
13
August
September
*
*
*
-2
-1
*
*
2
*
*
■
*
1
*
-1
*
*
*
■
*
-4
*
*
*
•*
*
•*
*
1
*
*
-
October
November p
*
-12
-
*
5
-2
*
*
*
-7
*
*
*
-3
-13
*
-21
-2
-27
-20
10
-11
8
22'
*
*
*
#
-8
*
*
*
-5
*
•*
*
*
-2
-19
5
*
-l
-3
2
*
_
l
-3
*
*
-3
*
3
-13
*
*
■
*
*
-
*
2
-
-1
-3
■
*
*
*
*
•*
-
-
-
■
*
*
*
*
*
*
*
*
*
-
*
•*
•*
*
*•
*
■
*
■
*
■
*
2
-33
-29
-19
■
*
2
*
*
•*
*
*
1
*
-12
-15
-
*
*
*
*
■
*
*
*
2
*
-1
*
*
*
*
*
-1
*
*
*
*
*
*
_
*
*
*
*
-1
*
-1
*
*
2
-1
-2
-
-
-2
*
*
*
-9
*
12
*
*
*
3
*
*
-2
-5
*
5
•*
*
1
8
*
*
-3
-301
*
16
*
•*
2
1
*
*
1
5
*
1
*
*
-3
*
■
*
-5
*
*
■
*
*
•*
■
*
5
*
*
■
*
■
*
•*
•*
-7
*
*
*
*
-13
*
*
*
*
*
2
-279
5
-5
5
-7
-
*
-
*
*
-14
*
*
*
■
*
-2
*
*
-2
-15
-1
*
-2
*
*
-2
*
-1
*
*
*
-2
-3
-6
*
_
*
*
_
-2
1
_
*
-2
*
*
*
*
"'"8
-4
•*
*
*
-4
-7
-1
-1
-6
*
■
*
-11
*
*
■
*
-1
*
-1
Eecember p
*
-4
*
*
-5
-1
*
*
-8
*
*
-*
-7
-3
*
*
*
1
*
■
*
*
-3
*
*
-1
*
-1
7
-1
*
Other countries:
All other........................
1968
-
1
■
*
-
_
_
*
*
*
*
3
_
*
_
_
1
*
_
_
■
*
*
*
*
*
*
*
-13
3
1
-
-
_
-l
*
•*
*
•*
*
*
-
_
*
_
*
*
*
*
*
-l
*
*
-3
*
-3
*
*
*
*
*
*
*
-
*
*
*
*
-ll
*
-
-
-1
-2
-6
-156
-312
-517
-3
38
-3
2
15
-14
-50
*
-2
-1
2
2
-
-
-
*
*
*
-2
-1
2
2
-
-
-
-
-
-157
-314
-517
hi
4
15
-14
-50
-ll
*
Through 1967, Luxembourg included in "Other Western Europe."
Preliminary.
Less than $500,000.
February 1971
12 3
___________________________ C A P I T A L M O V E M E N T S _____________________________
S e c t io n V - T r a n s a c t i o n s in L o n g - T e r m Securities b y F o r e i g n e r s
R e p o r t e d b y B a n k s a n d B r o k e r s in t h e U n i t e d Sta t e s
T a b l e C M - V - 9 . - F o r e i g n P u r c h a s e s a n d S a l e s o f L o n g - T e r m Securities,
b y T y p e a n d Country, D u r i n g D e c e m b e r 1970 Preliminary
(In millions of dollars)
Gross purchases by foreigners
Domestic securities
Marketable
Corporate and
Total
U.S. Govern other
purchases ment bonds
and notes
Bonds Stocks
Country
Europe:
Austria ...............................................
Bel ginm-Luxembourg
Denmark.............. . . . . . . . . •. ' • i - * * . . - .
2
130
2
1
119
Germany.......
Greece............................. ....................
98
1
Nether*] ands
90
______
POrtUgal........... . . . . . . . . . .
Spain..........................................
rrr
15
3
*
3
6
_
_
_
*
_
_
_
_
*
_
*
_
Switzerland........................................ .
Turkey...................................... .
United Kingdom.
332
*
b
-
261
88
Other Western Europe..........................
2
_
*
_
_
-
1,064
92
297
c
0
Latin America:
Col omb-i a......... .
Panama................................................. .
Peru.......... ..................................... ..
Uruguay...................... ..................
Venezuela.............................................
Bahamas and Bermuda
Netherlands Antilles and Surinam...
*
3
*
*
l
_
6
6
1
l
4
l
89
54
*
_
_
_
_
_
_
_
_
*
*
Total Latin America...........................
ICY
Asia:
_
(Thina M»i nl and . . . . . . . . . . . . . . . . . . . . .
16
Hong Kong.............................
20
India..................... ......... ..................
_
Indonesia.................... ...................... .
5
Israel ............................................
13
Japan............. .....................................
Korea...................................................
1
Philippines...........................
*
Taiwan............................................
*
Thailand...............................................
6
Other Asia........... ........................ .
Total Asia
.........62,.
Africa:
*
Congo (Kinshasa).................................
*
Morocco.................................................
*
South Africa.......................................
*
United Arab Republic (Egypt)..........
Other Africa........................................
l
Total Africa........................................
l
Other countries:
l
Australia.................................... .
3
All other.............................................
5
Total other countries............
Total foreign countries........................
International and regional:
International......................
_
20
_
_
........ .20___
_
_
_
-
*
112
18
5
*
*
75
2
28
1
267
*
37
-
8
2
*
3
*
1
*
*
*
-
124
741
82
1
*
70
*
_
*
*
_
2
1
*
*
1
*
4
5
*
1
*
*
*
4
5
1
1
2
1
82
1,621
118
844
43
68
21
90
3
*
3
9
277
*
6
190
-
1
OJ-'-'
1
_
-
*
*
*
*
*
*
1
1
*
3
1
1
*
*
1
*
*
6
4
*
1
5
5
77
39
*
-
l4l
Stocks
3
71
1
*
.67
47
*
13
67
2
*
2
1
228
1
*
9
2
1
4
15
4
2
1
*
*
5
20
4
2
*
1
12
*
*
*
6
19
-
603
*
23
*
84
69
99
112
25
*
*
*
*
-
1
*
*
*
*
*
*
5
3
*
*
*
*
*
*
1
*
*
10
3
*
98
1
*
*
*
*
*
4
4
*
2
*
*
*
*
1
3
1
6
3
*
67
35
*
12
116
1
*
1
*
*
2
6
3,
24
6
8
67
*
1
_
*
*
*
_
_
_
*
*
_
1
_
_
*
*
*
_
_
-
*
*
1
-
*
*
l
1
»
*
*
l
1
*
l
-
*
1
_
*
245
.■"■82"
*
*
-
245
82
_
_
*
5
1
*
1
2
_
1
3
1
6
_
1
*
-
i7W
-
-
-
12
1
1
*
6
37
*
*
*
20
•aO
ft
D
_
7
*
-
1
1
*
*
*
*
_
*
-
*
1
4
*
W
47
149
42
22
18
2
-
42
22
18
2
82
1,406
69
168
553“
82
15
5
*
-
_
-
4
15
5
4
1,055
l4o
225
*
2
136
-
1
*
1,050
210
8
-
*
*
*
*
*
46
*
*
3
1
3
_
13
*
*
37
8
Bonds
Stocks
*
*
_
_
*
-
6
*
*
4
9
3
*
1
25
*
*
*
3
19
14
*
*
73
*
5
*
*
*
3
*
-
Bonds
*
*
*
*
4
36
*
-
80
Foreign securities
Corporate and
other
*
*
*
*
1
2b
2
*
*
*
*
*
*
*
*
*
*
*
15
*
-
1
*
Total international and regional...
-
3
*
securities
_
*
*
-
*
*
*
*
*
_
1
*
*
-
1
2
*
47
10
_
-
2b
’
_
88
2
144
*
118
3
7
-
k
1
_
Total
sales
oh
47
*
—
-i,52L
1
10
1
1
*
74
*
Stocks
Bonds
4
5
4
5
*
*
*
3
29
*
106
11.
European regional...............................
Latin American regional....................
Asian regional....................................
* Less than $500,000.
2
88
1
16
1
2
10
_
*
*
Grand total..........................
*
25
*
_
7
Gross sales by foreigners
Domestic
Marketable
U.S. Govern
ment bonds
and notes
Foreign securities
-
*
*
-
-
-
-
_
-
“
6
*
*
*
*
_
-
*
*
*
-
Treasury Bulletin
124
_____________________________ C A P I T A L M O V E M E N T S _____________________________ ,
S e c t i o n V - T r a n s a c t i o n s in L o n g - T e r m Securities b y F o r e i g n e r s
R e p o r t e d b y B a n k s a n d B r o k e r s in t h e U n i t e d States
T a b l e C M - V - 1 0 . - F o r e i g n P u r c h a s e s a n d S a l e s o f L o n g - T e r m Securities,
b y T y p e a n d Country, D u r i n g C a l e n d a r Y e a r 1969
(In millions of dollars)
Gross purchases by foreigners
Domestic securities
Country
Total
purchases
Marketable
U.S. Gove mand notes
Europe:
Austria............................
Belgi iim-T.iiYerribcnirg..............
Denmark............................
Finland............................
France.............. ...............
Germany............................
Greece......................... .
Italy..............................
Netherlands........................
Norway....... ........... ..........
Portugal...........................
Spain......................... .
Sweden.............................
47
1,183
23
14
813
964
4
233
846
36
10
43
71
5,182
5
2,171
Turkey.............................
United Kingdom.....................
Yugosl avi a.
Other Western Europe..............
U.S.S.R............................
Corporate and
other
Bonds
*
_
1
2
*
_
*
*
*
*
*
_
2
16 1
9
*
133
262
1
33
46
8
*
3
29
12
566
*
*
304
594
Gross sales by foreigners
Foreign seeurities
Bonds
Stocks
42
852
4
1
602
522
3
149
641
12
7
35
9
4,219
5
988
3
107
10
11
31
135
*
37
29
15
2
2
1
63
*
_
47
44
*
14
129
1
*
4
1
32
204
182
*
*
190
96
49
5
2
38
2
2
1
*
_
*
*
_
1,849
8,128
809
1,9^3
322
584
740
21
13
1
3
1
Chile..............................
Colombia.......... ........ ........
Cuba........ ................. .
Mexico.............................
Panama........ ....................
Peru...............................
Uruguay............................
Venezuela..........................
11,694
3,520
325
128
36
7
14
11
*
_
*
_
_
*
*
_
_
*
*
*
Bahamas and Bermuda................
Netherlands Antilles and Surinam...
Other Latin America......... ......
74
75
13
16
58
17
1,283
499
6
Total Latin America...............
2,109
3ST
1
1
1
1
5
10
9
_
*
_
*
*
*
_
4
5
10
4
6
4
*
*
8
_
155
565
51
*
*
*
38
50
4,509
4
2,273
*
12
_
9
247
65
14
3
*
26
185
2
5
168
*
*
*
*
*
_
52
2
8
15
38
16
*
*
_
*
4
96
1
3
132
8
28
*
*
*
4
*
Total Asia.........................
693
57
5
16
*
*
*
*
1
1
8
#
*
6
16
4
5
3
2
28
8
1
*
33
5
12.372
*
47
153
*
*
_
_
*
*
Africa:
Congo (Kinshasa).............. .
Morocco............................
South Africa...................
United Arab Republic (Egypt)......
Other Africa.......................
*
_
_
_
12
1
1
Total Africa.......................
23
1
1
65
10
*
33
-
75
*
1
1
9
Other countries:
Australia..........................
Total other countries..............
„
18,113.
S L - 2,394.-
941
8
15
7
6
653
424
57
*
*
*
*
_
#
*
_
_
*
*
*
2,059
*
_
*
_
274
240
34
28
9
11
*
1
1
1
33
16
*
4,603
65
1,836
*
203
1
1
9,662
*
129
#
*
1
4
1
25
13
*
15
528
17
33
31
1
2
1
66
200
69
400
1
6
130
2
2
64
#
*
55
25
*
1
452
306
4
100
452
10
*
*
_
1,034
7,034
692
627
334
1,838
1 , 293
898
1
1
21
12
15
1
#
*
3
1
1
1
5
8
6
*
5
5
#
1
4
5
115
*
_
*
*
*
_
_
_
3
49
63
11
17
48
13
1,078
376
5.
1,700
12
4
*
1
1
3
52
11
#
18
*
12
1,
8
12
8
1
176
17
1
15
1
6
38
258
*
2
2
2
54
1
3
96
4
27
334
#
36
1
46
*
1,315
1,519
17,423
223
1
*
514
17,942
38
4
1
4
18
4
36
6
2._
4
23
1
#
*
*
1,519
8
160
1
*
*
-
237
1
93
45
1
1,552
*
145
*
57
256
_
1
2
12,429
*
194
*
1
89
3
11
142
1,032
*
M/r
145
*
*
*
*
503
19
229
*
1
4
1
35
4
4
6
1
2
8
66
5
*
1
2
*
30
77
3
30
14
9
*
*
*
*
#
#
1
6
1
1
10
*
_
_
*
*
*
*
*
Stocks
65
5
2
5
1
19
27
_
Bonds
24
343
18
398
Foreign securities
626
9
30
13
3,729
4
1,233
*
*
*
*
8
653
37047"
62
1
1
1
2
76
21
...
£2 8 „
2
1
3
370
*
12
#
#
5
409
*
*
6
#
#
9
9
3
5
1
10
6
*
-
*
23
6
10
6
1,535
10,921
“310
*
J.
7 ZD7 '
1AQ
*
0
7
5
532
#
#
*
1
*
8
0
8
963
19,076
6
80
4
*
35
*
1
76
*
3
2
1
3
1
68
46
*
134
1
8
145
Total international and regional...
Grand total..........................
1
1
1
3
573
469
104
76
13
23
69
22
1,243
418
8
54
62
12
13
51
14
1,155
423
6
*
Asia:
China Mainland.....................
Hong Kong............. .......... ..
India..............................
Indonesia...... ................ .
Israel.............................
Japan..............................
Korea........... ..................
Philippines........................
Taiwan.......... ........... .......
Thailand....................... .
Other Asia.........................
International and regional:
International......................
European regional..................
Latin American regional...........
Asian regional.....................
#
#
32
836
16
*
Latin America:
Total foreign countries.............
Total
sales
Stocks
#
*
Domestic securities
Corporate and
Marketable
U.S. Govern other
ment bonds
and notes
Bonds
Stocks
317
21
1,853
10,942
170
2,578
2
?, 036„
J.
“
“
1
2^0£7
s
* Less than $500,000.
February 1971
125
.CAPITAL MOVEM ENTS.
S e c t i o n V I - F o r e i g n C r e d i t a n d D e b i t B a l a n c e s in B r o k e r a g e A c c o u n t s
T a b l e C M - V I - 1 . - F o r e i g n Credit B a l a n c e s ( D u e to Foreigners) b y C o u n t r y
(Position at end of period in millions of dollars)
Calendar year
1969
1970
Country
1965
Europe:
Austria..........................
Belgium-Luxembourg 1 / ...........
Denmark..........................
Finland..........................
France...........................
Germany..........................
Greece...........................
Italy............................
Netherlands..... ................
Norway..................... ......
Portugal.........................
Spain............................
Sweden...........................
Switzerland......................
Turkey...........................
United Kingdom...................
Yugoslavia........... ...........
Other Western Europe i / .........
U'.S.S.R..........................
Other Eastern Europe............
Total Europe.....................
Canada.............................
Latin America:
Argentina........................
Brazil...........................
Chile............................
Colombia......... ................
Cuba.............................
Mexico...........................
Panama.... ........... ...........
Peru.............................
Uruguay..........................
Venezuela........................
Other Latin American Republics...
Bahamas and Bermuda.............
Netherlands Antilles and Surinam.
Other Latin America.............
1
1+
1966
*
*
8
1+
8
10
k
7
1
1
1968
2
6
Ik
1
3
*
*
*
1967
*
7
8
1
*
*
15
l
*
31
11
22
1
16
22
*
9
11
2
3
1
Ik
*
*
17
13
*
8
15
1
2
19
*
#
18
ll+
*
8
12
1
*
3
3
l
53
*
15
2
1
61
*
13
*
-
2
2
.
-
-
*
*
*
*
310
294
1
26
12
18
13
*
7
9
1
1
3
5
61
1
1
1
*
105
118
210
430
87
*
k7
*
52
*
8
12
1
1
66
*
50
*
*
1
1
120
1
118
*
*
*
*
'
1
11
*
*
16
12
*
9
9
1
1
1+
1
*
31
*
96
*
21+
*
1
1
*
_
*
229
185
3k'
29
1
*
*
*
*
2
-
2kl
. .. ^ ~
September p
1
19
*
*
kl
*
1
153
*
June
1
16
168
*
17
March
7
3
239
*
67
*
*
*
15
*
3
3
December
*
3
3
115
*
30
*
2
*
l
September
1
1
*
1
3k
Ik
*
1
27
22
*
1
20
11+
*
l
*
*
*
*
3
3
*
1
1+
l
21+
20
*
90
61+
6k-
1+7
58
*
12
*
*
1
2
*
11
*
*
7
*
8
*
*
*
*
*
2
*
*
7
*
10
*
*
*
*
*
3
*
*
7
*
8
*
*
1
*
*
2
*
*
7
*
13
*
*
1
1
*
2
*
*
5
10
*
*
*
1
*
1
*
*
1+
15
3k
18
21
18
22
17
*
*
*
*
1
*
*
*
*
1
*
*
1
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
*
1
1
1
1
2
1
1
1
1
2
Other countries:
Australia........................
All other........................
*
*
*
*
*
*
1
*
*
*
1
*
1
*
1
1
*
Total other countries...........
*
*
*
1
*
1
1
1
1
Total foreign countries...........
158
-
175
-
311
-
636
1+67
368
-
331+
-
291
-
k3k
-
311
636
1*67
k3k
368
33*
291
2
1
1
1
*
6
6
l
2
7
2
1
*
2
6
l
l
2
*
2
*
*
1
*
1+
6
1
2
4
1
3
2
*
1
1
1
*
*
5
2
1
2
1+
1
11
k
3k
20
*
*
1
*
*
7
3
*
1
6
1
47
21
*
Total Latin America.......... .
22
26
34
82
Asia:
China Mainland...................
Hong Kong........................
India............................
Indonesia........................
Israel...........................
Japan............................
Korea............................
Philippines........ .............
Taiwan...........................
Thailand.........................
Other Asia.......................
*
1+
*
*
*
1
*
*
*
*
10
*
5
*
*
1
1
*
*
*
*
5
6
*
*
*
2
*
1
*
*
6
15
13
*
*
*
*
1
Total Asia.......................
Africa:
Congo (Kinshasa)................
Morocco..........................
South Africa.....................
United Arab Republic (Egypt)....
Other Africa.....................
Total Africa.....................
International and regional........
Grand total........................
Note:
2
1
*
1
*
k
2
158
175
*
Data represent the money credit balances (due to foreigners), as
appearing on the books of reporting brokers and dealers in the
United States, in accounts of foreigners with them, and in their
accounts carried by foreigners.
1/
p
1
*
*
*
*
3
3
l
l
5
1
1
*
*
*
*
k
3
k
-
k
k
Through June 1967, Luxembourg included in "Other Western Europe."
Preliminary..
* Less than $500,000.
-
-
Treasury Bulletin
12 6
_______________________________________________________________ C A P I T A L
M O V E M E N T S —
—
_________________________________________________ ____
S e c t i o n V I - F o r e i g n C r e d i t a n d D e b i t B a l a n c e s in B r o k e r a g e A c c o u n t s
T a b l e C M - V I - 2 . - Foreign D e b i t B a l a n c e s ( D u e f r o m Foreigners) b y C o u n t r y
(Position at end of period in millions of dollars)
Calendar year
Country
EuroDe:
Portugal.........................
Latin America:
Chile............................
Other Latin American Republics...
Bahamas and* Bermuda..............
Netherlands Antilles and Surinam.
Asia:
India............................
Total Asia.......................
Africa:
Other Africa.....................
Other countries:
Grand total........................
Note:
1970
1969
September
1965
1966
1967
1968
*
1
*
*
6
5
1
5
4
1
*
1
*
20
*
13
*
1
*
*
5
6
1
6
2
1
*
3
*
20
*
12
*
2
1
*
10
13
1
9
5
*
*
3
2
74
*
23
*
15
*
*
22
20
1
13
12
1
*
5
1
*
5
1
*
13
106
62
1
1
2
l
1
*
*
*
*
*
57
59
146
25
28"■
239
l4l
155
*
4l
71
18
1
11
10
1
*
2
1
*
30
67
December
*
5
1
*
12
14
*
9
12
1
*
2
1
50
*
37
*
1
March
June
*
5
*
*
8
13
*
8
7
1
*
2
1
35
*
*
4
1
*
9
10
1
10
8
1
*
2
1
25
*
27
16
*
3
*
*
7
13
1
7
4
*
*
3
*
27
*
24
1
l
1
September p
*
*
108
88
39
40
92
40
3
*
1
*
*
3
4
*
1
3
1
24
6
*
2
*
1
*
*
4
3
*
l
2
2
27
8
*
2
*
*
*
*
2
5
*
*
2
1
6
6
*
2
1
*
*
*
3
4
*
*
3
1
23
4
*
45
51
26
40
10
*
*
1
*
*
1
*
3
6
~
15
*
*
1
*
*
2
*
1
6
22
26
28
146
" &L ...
1
1
*
1
*
2
2
*
1
2
1
1
2
*
2
1
1
*
*
4
4
*
1
2
*
1
3
*
3
l
*
*
*
6
5
*
l
3
1
15
4
*
3
*
1
*
*
5
4
1
3
2
*
38
*
2
*
1
*
*
5
4
*
1
3
1
27
5
*
13
20
40
77
51
*
15
*
*
1
1
*
*
*
*
6
“
18
*
*
*
1
*
10
*
*
9
*
*
1
1
*
3
*
18
7
23
11
*
*
1
1
*
*
*
*
7
20
49
23
12
*
*
1
*
*
2
*
2
7
24
*
*
*
*
*
*
*
*
*
*
*
*
*
*
_
*
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
1
1
1
l
2
1
1
1
1
1
*
*
#
*
*
*
*
*
*
*
1
*
*
*
1
*
1
*
18
19
*
*
1
1
*
1
*
*
17
40
2
-
16
*
*
1
1
*
l
*
2
7
*
1
*
*
1
1
1
1
1
119
-
128
298
508
278
220
182
203
-
-
-
297
-
-
-
-
-
119
128
298
508
297
278
220
182
203
Data represent the money debit balances (due from foreigners),
as appearing on the books of reporting brokers and dealers in
the United States, in accounts of foreigners with them, and in
their accounts carried by foreigners.
1/
p
*
Through June 1967, Luxembourg included in "Other Western Europe."
Preliminary,
Less than #500,000.
February 1971
127
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
The financial statements of corporations and other business-type activities of the United States Government, which
were presented in the August 1956 Bulletin.
Loans shown on
the statements of financial condition are classified by type
have appeared in the "Treasury Bulletin”since the August 1956
and account in Section III, Table GA-III-2 . Statements of
issue, are compiled from reports submitted to the Treasury
income and expense and source and application of funds are
under Department Circular No. 966, issued January 30, 1956, and
published semiannually, for June 30 and December 31 reporting
Supplement No. 1, Revised, issued June 16, 1965.
dates, and appear as Section I, Tables GA-I-2 and GA-I-3.
These regu
The
lations were issued pursuant to the Budget and Accounting
first of these statements under Circular 966 covered the fiscal
Procedures Act of 1950.
year 1956, and were published in the January 1957 Bulletin.
Regulation
They superseded Budget-Treasury
No. 3, issued under Executive Order No. 8512 of
All funds shown in the statements are noted to indicate whether
August 13, 1940, as amended by Executive Order No. 9084 of
they are public enterprise revolving funds, intragovernmental
March 3> 1942, under which financial statements previously
revolving funds, trust or trust revolving funds, or general and
published in the Bulletin were submitted.
special funds.
Department Circular No. 966 requires submission of finan
Supplement No. 1 , when originally issued in 1956, extended
cial statements by all wholly owned and mixed-ownership Govern
the coverage to include all executive agencies and activities
ment corporations specifically included in the Government
not previously reporting under Circular 966, but required only
Corporation Control Act, as amended (31 U.S.C. 846, 856)5 and
a statement of financial condition annually as of June 30.
all other activities of the Government operating as revolving
These were activities which were not principally of a business-
fluids.
type nature.
Other activities and agencies whose operations, serv
Those which had not yet developed formal ac
ices, or functions are largely self-liquidating or primarily
counting procedures to provide complete balance-sheet type
of a revenue-producing nature, and activities and agencies
statements were temporarily authorized to report only assets.
\A10se operations result in the accumulation of substantial
Thus, the supplement rounded out provisions for information on
inventories, investments, and other recoverable assets, were
properties and other assets, as well as liabilities, of the
brought under the regulations as the agency accounting systems
United States Government all of which is needed by Treasury for
were developed to where they were capable of furnishing the
the compilation of complete Government-wide financial reports.
required financial reports.
The first comprehensive reporting under the original Supplement
Four kinds of financial statements are called for by
No. 1 was for June 30, 1957, and the data were published in the
They are statements of financial
December 1957 Bulletin as Part B of Table 4 in Section I.
condition, income and expense, source and application of funds,
Statements submitted under this supplement are now published
Department Circular No. 966.
and certain financial contingencies.
The statements of finan
cial condition are published quarterly and appear as Section I,
Table GA-I-1 . The first statements of financial condition
published under Circular 966 were as of March 31, 1956, arid
annually in Section II, Table GA-II-1 . The revision to Supple
ment No. 1 in 1965 made no basic change to the overall purpose
of the originally issued supplement; it updated and consolidat
ed all amendments to both the regulation and instructions.
Treasury Bulletin
128
.FINANCIAL O P E R A T I O N S
O F
G O V E R N M E N T
A G E N C I E S
A N D
F
U
N
D
S
_
_
__________________
S e c t i o n III - F e d e r a l C r e d i t P r o g r a m s
T a b l e GA-III-1. - D i r e c t S al e s a n d R e p u r c h a s e s of L o a n s
. (In millions of dollars)
Housing and Urban Development Department
Export-Import
Bank of the
United States
Total
Fiscal year
or month
Sales
1963.
1964.
1965.
1966.
1967.
1968.
1969.
1970.
Repur
chases
Farmers Home
Administration
Sales
1/
1+06
261
133
119
157
291
729
974
959
1,668
71
125
56
20
32
18
26
43
48
167
336
436
124
63
153
91
379
1,275
1,150
936
596
954
1,070
1,337
2,115
92
213
428
81+2
1969-Dec..
301
128
176
1970-Jan..
Feb..
Mar..
Apr..
May..
June.
220
475
129
92
49
137
83
3
6
14
*
90
July.
Aug..
Sept.
Oct..
Nov..
Dec..
154
393
203
250
162
494
21
33
19
27
44
49
28
33
24
34
31
23
41
4
97
137
472
123
78
35
23
137
372
188
196
150
374
1,656
172
158
1,417
Fiscal 1971
+o date...
Repur
chases
Repur
chases
Sales
16
Government
National Mortgage
Association.1/
Sales
307
144
264
6
50
174
405
569
27
32
23
33
30
22
The secondary market operations of Federal National Mortgage Associ
ation were converted to private ownership effective Sept. 30, 1968,
pursuant to P.L. 90-448 (82 Stat. 536). Amounts reported exclude the
following applicable to secondary market operations: net sales, 1963
#547 million; net purchases, 1964 #67 million, 1965 $232 million,
1966 #1,838 million, 1967 #1,107 million, 1968 #2,316 million, 1969
Repur
chases
Office of Secretary
2/
Sales
34
104
33
11
Repur
chases
Snail Business
Admini stration
Sales
5
5
31
120
2
Repur
chases
2
15
6
Veterans
Administration
Sales
460
342
327
105
71
2
Repur
chases
41
24
17
12
14
24
1
21
15
13
8
23
81
through Sept. 30, 1968 #296 million.
7j Includes college housing, elderly housing, and public facility loans.
2/ Sales by fiscal years are on basis of actual figures shown in the
Budget document and include initial sales of loans from credit insur
ance funds. The monthly figures are on basis of agency reports.
*
Less than #500,000.
February 1971
129
FINANCTAT. OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
S e c t i o n III - F e d e r a l C r e d i t P r o g r a m s
T a b l e G A - I I I - 2 . - L o a n s O u t s t a n d i n g , S e p t e m b e r 30, 1 9 7 0
Excluding Interagency Loans
(in thousands of dollars)
United States dollar loans
Type of loan and lending agency
Loan
account
s/
Total
y
Expenditure
account
To aid agriculture;
Loans to cooperative associations:
16,312
Farmers Home Administration:
378,3^2
13
16 ,3 12
y
5,*H(2,038
Crop, livestock, and commodity loans:
Fanners Home Administration:
378,3*(2
,,
13 ii/
5,1(1(2,038
State rural rehabilitation funds............................................
Other loans:
Consumer and Marketing Service:
Economic opportunity loan fund:
Farmers Home Administration:
Direct loan account............ ........... ........ ........ .......... ,.......,
Total to aid agriculture.........................................................
-
-
-
-
-
-
2 ,29*(,V(9
-
2,294,449
-
236
111,8 8 9
236
-
111,889
-
155,637
155,637
-
-
166,901
166,901
-
-
251,454 5/
71(2,799 5/
10 ,1*61 y
605
605
-
-
57,960
57,960
-
-
-
-
Storage facility and equipment loans:
Farm mortgage loans:
Farmers Home Administration:
Agricultural credit insurance fund...... ....................................
Foreign
currency
loans 3/
251,W
5/
7*12,799 5/
10 ,1(61 hj
75‘
sWl
5/
1,378 y
754,481
1,378
5/
y
-
-
1,1(66
1,1(66
10,386,lH9
8,091,970
2,294,449
-
10,529
-
To aid homeowners:
Mortgage loans:
Housing and Urban Development Department:
Federal Housing Administration:
Revolving fund.............................................................
Government National Mortgage Association:
Management and liquidating functions......................................
Special assistance functions...............................................
Low-rent public housing......... ......................................... .
Interior Department:
Bureau of Indian Affairs:
Veterans Administration:
Direct loans to veterans and reserves ..........................................
Loan guaranty revolving fund ....................................................
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation..............................
Other lioans:
Funds appropriated to the President:
Appalachian housing fund ........................................................
Agriculture Department:
Farmers Home Administration:
Self help housing land development fund:
Loans to public and private nonprofit organizations ......................
Veterans Administration:
Direct loans to veterans and reserves..........................................
Loan guaranty revolving fund ....................................................
Total to aid homeowners..........................................................
To aid industry:
Loans to railroads:
Expansion of defense product!on:
Treasury Department..............................................................
Other purposes:
Treasury Department:
Reconstruction Finance Corporation loans in liquidation....................
Interstate Commerce Commission.................................................
Ship mortgage loans:
Commerce Department:
Federal ship mortgage insurance fund ...........................................
Maritime Administration.........................................................
Footnotes at end of Section.
10,529
676,721 6/
-
-
5/
y
1,733,378 5/
3,190,617 1/
71
-
-
-
-
1,328,61(1 5 /
16,573
1,328,61(1 5 /
16,573
676,721 6/
1,733,378
3 ,190,617
71
1^3
ll(3
-
-
-
-
240,808
21(0,808
-
-
1,060
-
1,060
-
11U
lll(
.
_
50,616
50,616
_
_
-
-
8,596,177
8,595,117
1,060
-
1,850
1,850
-
-
*(,571
28,279
■(,571
28,279
-
-
21,710
*(9,799
21,710
*(9,799
-
-
1,3*16,905
(Continued on following page)
5/
1,3*(6,905 5/
Treasury Bulletin
130
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
S e c t i o n III- F e d e r a l C r e d i t P r o g r a m s
T a b l e GA-III-2. - L o a n s O u t s t a n d i n g ,
S e p t e m b e r 30, 1 9 7 0
E x cl uding Interagency L o a n s - (Continued)
(in thousands of dollars)
United States dollar loans
Type of loan and lending agency
Loan
account
2/
Total
u
To aid industry (Continued):
Other loans:
Expansion of defense production:
Interior Department...........................................................
Treasury Department................................... .......................
General Services Admini stration................................. .............
Defense production guarantees:
Air Force Department............................. ............................
Army Department...............................................................
Navy Department...............................................................
Other purposes:
Commerce Department:
Economic Development Administration:
Ttonnnmi r*
npment. reyo! vi ng -fund
Interior Department:
Bureau of Commercial Fisheries:
Fisheries loan fund.................................... ..................
Geological Survey 2 / ........................................................
Transportation Department:
Urban mass transportation fund.............................................
Treasury Department:
Reconstruction Finance Corporation loans in liquidation........ ...........
General Sorvices Administration:
Reconstruction Finance Corporation liquidation fund........... ............
Small Business Administration:
Business loan and investment fund..........................................
66
66
**6
*lf6
1,269,355
1,269,355
Total to aid industry.............................................................
1 ,635,216
2,593
5,219
Expenditure
account
2,593
5,219
26
26
*63
*63
2,916
229,805
229,805
9,6*6
9,6*6
*,575
*,575
_
_
_
_
_
1,056
1,056
2,916
Foreign
currency
loans 3/
_
_
-
2,8*3
2,8*3
5/
1 ,629,781
-
-
5,*35
-
To aid education:
Health, Education, and Welfare Department:
Office of Education:
Higher educational activities, loans to institutions *jJ......................
HLghei* educational activities, advances for reserve funds 7/ .................
Higher education facilities loans fund............ ......... ............ .
Loans to students in institutions of higher education 7/...................
Student loan insurance fund....... *..........................................
National Institutes of Health:
Loans to institutions:
Health professions education fund..................................
Nurse training fund............... ........................ .................
Other student loan programs 7 / .... .................... ............. .......
Social and Rehabilitation Service:
Assistance to refugees in the United States 7 / ........ ......................
Housing and Urban Development Department:
College housing loans............... ............ ................................
To aid States, Territories, etc.:
Commerce Department:
Economic Development Administration:
Economic development revolving fund............. ................ .
Health, Education, and Welfare Department:
Health Services and Mental Health Administration.7/............................
Housing and Urban Development Department:
Urban renewal programs.................... ......................................
Low-rent public housing......... ............... ................. ..............
Public facility loans.................................... ......................
Public works pi a-nnj ng advances fund.............................................
Revolving fund, liquidating programs......................... ......... .........
Interior Department:
Bureau of Reclamation 2/...... ...... ........... ................................
Office of Territories:
Alaska public works....................... .................... ...............
Loans for rehabilitation in Guam
................ ........ ..................
Treasury Department:
Miscellaneous loans and certain other assets:
Loans to the District of Columbia.................................. ..........
General Services Administration:
Public Works Administration (in liquidation)...................................
Total to aid States, Territories, etc...............................................
Footnotes at end of Section.
1,8 5 1
8,251
18,689
*3*,5*9
1,321,152
5,451
30,191
15,**3
1 *1,*70
8,251
5/
1,321,152
22,155
5/
3,195,130
3,667,387
121,7*9
121,7*9
158
158
5/
1*1,320 y
5/
1,526,9*5
369,27*
182,025
* 05,2** n
5,265
1 * 1,320
_
*
72,698
-
_
_
_
_
y
529
23,931
23,931
322,*52
322,*52
*6,658
*6,658
_
1,691,303
1 ,618 ,606
72,698
(Continued on following page)
_
_
30,191
15,**3 %
1 * 1,*70
%
5,19*,333
369,27*
182,025
* 05,2**
72,698
5,265
18,689
5/
5,*51
22,155
3,195,130
*3*,5^9
529
_
_
-
February 1971
131
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
S e c t i o n III - F e d e r a l C r e d i t P r o g r a m s
T a b l e GA- III-2.- L o a n s O u t s t a n d i n g , S e p t e m b e r 30, 1 9 7 0
E xcluding I n t e ragency L o a n s - (Continued)
__________________________________(In thousands of dollars)_____________________________________
United States dollar loans
Type of loan and lending agency
Loan
Total
1/
Foreign loans:
Funds appropriated to the President:
Liquidation of foreign military sales fund..................................
Military assistance credits in liquidation..................................
Agency for International Development:
Alliance for Progress, development loans..................................
Common defense, economic, and triangular trade loans......................
Development loans..........................................................
Development loan fund liquidation account.................................
Loans to domestic or foreign firms and United States firms in foreign
countries.................................................................
Loans of predecessor agencies in liquidation..............................
Other loans................................................................
Agriculture Department:
Commodity Credit Corporation:
Long-term export sales credits............................................
Short-term export sales credits...........................................
Commerce Department:
Maritime Administration......................................................
State Department:
Loans to the United Nations 7/...... _.......................................
Treasury Department:
Miscellaneous loans and certain other assets:
Lend-lease and surplus property...........................................
Loans and other credits....................................................
Receivable from foreign banking institutions................................
Atomic Energy Commission:
Long-term receivables £/.....................................................
Export-Import Bank of the United States.......................................
Total foreign loans............................................................
Other loans:
Health, Education, and Welfare Department:
Health Services and Mental Health Administration 7/.........................
Housing and Urban Development Department:
Housing for the elderly or handicapped......................................
Lour and moderate income sponsor fund........................................
Low-rent public housing......................................................
Rehabilitation loan fund.....................................................
Revolving fund, liquidating programs........................................
Interior Department:
Bureau of Indian Affairs:
Revolving fund for loans...................................................
Justice Department:
Legal activities and general administration.................................
State Department:
Emergencies in the diplomatic and consular service 7/.......................
General Services Administration:
Liquidation of Virgin Islands Corporation...................................
Surplus property credit sales and liquidation activities....................
Veterans Administration:
Insurance appropriations policy loans 7/....................................
National service life insurance fund 'fj,....................................
Service-disabled veterans* insurance fund...................................
Soldiers’and sailors' civil relief.........................................
U.S. Government life insurance fund jJ......................................
Veterans’reopened insurance fund...........................................
Veterans’special life insurance fund........................................
Vocational rehabilitation revolving fund....................................
Small Business Administration:
Disaster loan fund...........................................................
Expenditure
account
account
2/
76,993
1,29*+
76,993
1,291+
2,216,737
61,23*+
1+,853,712
6 1 ,231+
1+,853,712
2,216,737
227,821
227,821
996,351
51+3,955
996,351
51+3,955
1,820,195
370,1+28
370,1+28
1+05
1+05
3 ,856,968
883,71+5
153,572
681,851+
60,026
1,820,195
8 1 ,69!+
8 1 ,691+
1,11+0,927
3,193,725 8/
3,000
1,11+0,927
3,193,725 8/
3,000
56,61+2
5,71+6,1+79 2/
21,391,592
9,805
22,827
56,61+2
5 ,71+6 ,1+79 2/
6 ,120,312
15,271,280 ~
5,658,993
9,805
*+85,507 5/
1,11+6
1+30
1+85,507
91,096
l+,89l+
1+30
91,096
l+,89l+
25,81+0
25,81+0
5/
1,11+6
17,722
17,722
1 ,1 6 1
1 ,1 6 1
2,392
157,71+0
2,392
29,765
127,975
1,251+
l>25*+
869,223
869,223
10,732
80,509
80,509
6 ,31+7
10,732
1+
1+
6,31+7
2l+,271
138
2l+,271
138
Total other loans..............................................................
1+11,960
2,202,170
Total, loan and expenditure account.............................................
51,097,211
31,873,158
19,22l+,053
Deduct: Loans of agencies submitting financial statements on an annual basis
(see footnote 7).............................................................
2,782,108
1 ,158 ,1+58
1,623,650
Total, loans of agencies submitting financial statements on a quarterly basis
(loan and expenditure accounts)................................................
1+8,315,103
Footnotes at end of Section.
Foreign
currency
loans 2 /
5/
6/
(Continued on following page)
1+11,960
2,11+9,9^1+
30,71^,700
5/
■527155"
6/
17,600,1+03
5,658,993
5,658,993
Treasury Bulletin
132
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
S e c t i o n III - F e d e r a l C r e d i t P r o g r a m s
T a b l e GA-III-2. - L o a n s
O u t s t a n d i n g , S e p t e m b e r 30, 1 9 7 0
E x c l u d i n g Interagency L o a n s - (Continued)
(in thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total
1/
Loan
account
2/
Expenditure
account
Foreign
currency
loans 2/
Memorandum
Investments in securities of privately owned Government-sponsored enterprises:
Agriculture Department:
Consumer and Marketing Service:
Milk market orders assessment fund..................................................................
173 it/
Health, Education, and Welfare Department:
Federal disability insurance trust fund............................................................
Federal old-age and survivors insurance trust fund.........................................
Labor Department:
Unemployment trust fund.........................................................................................
173 it/
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
Other independent agencies:
Civil Service Commission:
Civil service retirement and disability fund................................................
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation............................................
Railroad Retirement Board:
Railroad retirement account..............................................................................
12,780
12,780
20,000
20,000
Total investments..........................................................................................................
112,953
112,953
Does not include foreign currency loans.
Includes trust funds.
1/ The dollar equivalents of these loans are computed for reporting
purposes at varying rates. If the loan agreements stipulate a dollar
dominated figure, the loans outstanding are generally valued at agreement rates of exchange. Loans executed in units of foreign currency
are valued at the market rates (i.e., the rates of exchange at which
Treasury sells such currencies to Government agencies).
As of June 30, 1970, the latest available.
i / Participation certificates have been issued against certain of these
loans under trust agreements by the Government National Mortgage Asso
ciation, participation sales fund. For the full amounts of participa
tion certificates outstanding for these programs see Section I Government Corporations and other Business-Type Activities in the
January 1971 Bulletin.
1/
2/
6/
Includes $4-17 million representing defaulted mortgage notes and
defaulted Title I, Section 2 notes reported as acquired security or
collateral on the statement of financial condition of the Federal
Housing Administration revolving fund.
7/ This activity subnits financial statements annually as of June 30,
pursuant to Supplement No. 1 (Revised) to Department Circular No.
966. A complete balance sheet as of September 30, 1970, was not
submitted, but the outstanding loans of this activity were reported
to the Department of the Treasury and are shown on this line.
8/ Represents receivables of #4 million from Finland, $13 million from
Greece, #211 million from Japan, and #2,965 million from the United
Kingdom.
2/ Participation certificates amounting to #1,4.84. million, issued
against certain of these loans, were outstanding as of September 30,
1970.
February 1971--
FTNANCTAI, OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section I V - Trust F u n d s
Table GA-IV-1. - Federal Old-Age a n d Survivors Insurance Trust F u n d i /
(In millions of dollars)
Expenditures other than investments
Receipts
Fiscal year
or month
Total 2/
Deposits by
States y
Appropriations
Net earnings
on investments
Total 5/
Benefit
payments
Payments to Rail
road Retirement
Accounts 6/
1937-61...........................
1962...............................
1963...............................
1964...............................
1965...............................
1966...............................
1967...............................
1968...............................
1969...............................
1970...............................
91,214
12,011
13,856
16,043
16,417
18,461
23,371
23,641
27,348
31,746
81,481
10,600
12,351
14,335
14,572
16,474
20,732
20,627
23,693
27,196
3,089
870
990
1,167
1,258
1,392
1,835
2,036
2,260
2,758
6,590
539
512
539
583
588
725
•900
1,013
1,349
70,283
13,279
14,531
15,284
15,965
18,770
19,729 2/
21,624 2/
24,690
27,320
67,315
12,666
13,846
14,578
15,229
18,072
18,887
20,737
23,732
26,266
1,057
361
423
403
436
444
508
438
491
579
1971 (Est.).......................
1972 (Est.).......................
34,308
39,065
29,115
32,990
3,131
3,702
1,613
1,885
30,965
32,248
29,817
31,026
605
674
1970-Jan..........................
Feb..........................
1,788
3,365
2,378
3,101
3,674
3,120
1,766
2,739
2,366
3,051
2,807
2,593
6
573
1
22
83 2
-42
16
53
11
29
35
569
2,046
2,075
2,103
3,040
2,408
2,414
_
2,140
3,435
2,076
1,810
2,628
2,705
2,124
2,493
2,101
1,788
1,930
1,627
5
902
-36
-16
657
-31
11
40
11
38
41
660
2,054
2,110
2,137
3,080
2,460
3,050
2,445
2,482
2,497
2,520
2,468
2,545
2,423
2,436
2,452
2,467
2,452
2,479
_
_
14,794
12,063
1,481
801
14,957
14,709
-
M a y ..........................
Oct..........................
Fiscal 1971 to date...............
Expenditures etc. - (Continued)
Fiscal year
or month
1
Administrative expenses
Reimburesment to or
Construc Reimbursement
Bureau of from (-) FDI, FHI,
tion 8/
to general
0ASI 10/ and FSMI Trust Funds
fund 2/
Net increase,
or decrease
(-), in
assets
-
579
-
Assets, end of period
Total
Investments
Unexpended
balance
y
1,377
-89
-60
-63
-64
-75
-241
-14
32
-4
-13
*
20,930
-1,268
-675
759
451
-309
3,642
2,017
2,657
4,426
20,930
19,662
18,987
19,746
20,198
19,889
23,531
25,548
28,205
32,631
19,553
18,456
17,633
18,325
18,783
17,925
21,780
23,250
26,235
30,121
1,206
1,354
1,421
1,415
1,964
1,751
2,298
1,971
2,509
3,343
6,817
35,974
42,791
33,381
40,125
2,593
2,665
-266
1,255
240
21
1,214
70
-305
954
-421
-710
159
160
29,831
31,086
31,326
31,347
32,561
32,631
32,326
33,280
32,859
32,149
32,308
32,468
27,543
27,835
28,655
28,594
29,450
30,121
17
39
38
46
10
61
.
*
29,796
30,625
30,130
29,505
29,485
29,949
2,287
3,251
2,672
2,753
3,112
2,509
2,530
2,655
2,729
2,644
2,823
2,519
212
*
-163
32,468
29,949
2,519
1937-61...........................
1962...............................
1963...............................
1964...............................
1965...............................
1966...............................
1967...............................
1968.................... ..........
1969...............................
1970...............................
28
3
2
3
■
*
2
1
3
7
1
587
45
48
52
52
50
57
60
59
73
1,385
263
275
312
32?
443
290
354
403
1971 (Est.).......................
1972 (Est.).......................
7
8
68
69
467
469
1970-Jan..........................
Feb ..........................
M a r ..........................
Apr..........................
M a y ..........................
June.........................
1
1
*
1
*
-3
6
5
5
7
10
IP
1
29
28
33
42
51
July.........................
Aug..........................
Sept.........................
Oct..........................
Nov..........................
Dec..........................
¥r
1
*
*
*
*
5
5
6
7
5
5
1
34
412
Source:
See Table FFO-1.
1/ Includes transactions under the predecessor Old-Age Reserve Account.
2/ Total includes: $15 million transferred from general fund for
administrative and other costs of benefits payable to survivors of
certain World War II Veterans (60 Stat. 979 and 64 Stat. 512); $35
million (1937-59), paid from the Railroad Retirement Account; begin
ning November 1951, small amounts in the nature of recoveries from
expenditures incidental to the operations; beginning 1958, interest
payments from Federal Disability Insurance Trust Fund and sale of
waste paper; $78 million for each FY 1967 and 1968, $156 million
FY 1969, $78 Million FY 1970, $78 million December 1970 for militazy
service credits; and $226 million for FY 1969, $364 million FY 1970,
and $371 million December 1970 for benefits for the aged. Estimates
include $78 million FY 1971, $137 million FY 1972 for military
service credits, $371 million FY 1971, and $351 million FY 1972 for
benefits for the aged.
2/ Includes unappropriated receipts from January 1962 to June 1965.
4/ To cover employees of.States and their political subdivisions, under
2/
K
2/
3/
2/
10/
Includes payments for vocational rehabilitation services to Federal
Disability Insurance Trust Fund and Social Rehabilitation Service.
See Table GA-IV-5, footnote 3.
Excludes transactions for investments in non-Federal securities.
Construction and equipment of office buildings for the Bureau
(Public Law 170, approved July 31, 1953 (67 Stat. 254)).
Under the Social Security Act, as amended (42 U.S.C. 401 (g)(1)), for
administration of Titles II and VII of that act and related parts of
the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432). See also
footnote 10.
Salaries and expenses of the Bureau of Old-Age and Survivors Insurance
are paid directly from the trust fund beginning 1947, under provisions
of annual appropriation acts until passage of the Social Security Act
Amendments of 1956 (42 U.S.C. 401 (g)(1)), previously these expenses
were included in reimbursements to the general fund. Beginning
July 1966 payments of salaries and expenses for the Social Security
Administration are charged directly to each trust fund.
Less than $500,000.
Treasury Bulletin
134
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND w ram a
Section I V - T r u s t F u n d s
T a b l e GA-IV-2. - F ederal Disability I n s u r a n c e T r u s t F u n d
(In millions of dollars)
Expenditures other than investments
Receipts
Fiscal year
or month
Appro
priations
2/
Total
1/
Depos
its by
States
Interest
and pro
fits on
invest
ments
y
Total
y
Benefit
pay
ments
Administrative:
Payments
Reimbursement to
to
SSA
Railroad
General
Trust
Retirement
fund
Accounts 2/ Funds y
1957-61....
1962......
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
4,355 2/
1,092
1,145
1,211
1,241
1,616
2,332
2,800
3,705
4,380
3,915
945r
994
1,057
1,082
1,442
2,066
2,496
3,195
3,770
252
77
82
86
93
114
183
203
337
371
160
70
70
68
65
60
66
84
141
223
1,850
1,089
1,259
1,339
1,498
1,937
1,997 8/
2,237 y
2,613
2,954
1,739
1,011
1,171
1,249
1,392
1,721
1,861
2,088
2,443
2,778
5
11
20
19
24
25
31
20
21
10
1971 (Est.)
1972 (Est.)
4,960
5,442
4,162
4,480
456
503
326
409
3,453
3,652
3,231
3,416
12
14
1970-Jan___
Feb___
M a r ....
Apr....
May....
June...
263
468
366
454
524
512
261
404
354
446
417
386
220
225
218
313
255
255
321
480
244
280
374
486
320
376
222
269
292
315
2
9
1
3
4
104
1
6
2
2
3
139
237
238
233
328
270
277
July...
Aug....
Sept...
Oct....
Nov....
Dec
Fiscal 1971
to date....
55
11
5
104
122
*
99
20
9
79
16
271
276
281
278
277
293
259
264
262
265
262
271
11
11
16
11
13
20
25
230
133
126
254
235
50
205
-37
2
98
193
2,186
1,794
223
153
1,675
1,581
81
510
Source:
See Table FF0-1.
1/
Includes payments for militaiy service credits as follows: $16 million FT 1967, FY 1968, $32 million FY 1969, $16 million FY 1970 and
$16 million December 1970. Estimates are $16 million for FY 1971
and $50 million for FY 1972.
U. Includes unappropriated receipts from January 1962 to June 1965.
To cover employees of States and their political subdivisions under
2/
the Social Security Act (42 U.S.C. 418).
Includes payments for Vocational Rehabilitation Services beginning
4/
May 1966 and construction and equipment of buildings.
Estimates
include $22 million FY 1971, $25 million FT 1972 for Vocational
Rehabilitation Service; $2 nd.13J.on FY 1971 and FY 1972 for construction and equipment of buildings.
T a b l e GA-IV-3. - Federal Hospital
91
62
65
66
78
184
93
105
124
138
186
194
6/
2/
8/
*
r
2,505
3
-114
-128
-257
-321
335
564
1,092
1,426
1,507
1,790
15
11
14
12
13
8
10
y
14
4
4
4
4
5
5
6
8
9
Assets, end of period
Net
in
crease,
or de
crease
(-), in
assets
U
Un
expended
balance
•2/
Total
Invest
ments
2,505
2,508
2,394
2,266
2,009
1,688
2,024
2,587
3.679
5.105
6,712
8,402
2,386
2,406r
2,278
2,141
1,878
1,465
1.835
2,351
3,492
4.835
6,308
8,082
119
102r
116
125
131
224
189
236
187
270
4,127
4,356
4,490
4,616
4,870
5.105
3,857
4,025
4,238
4,324
4,534
4.835
25CT
331
251
292
336
270
5,155
5,359
5,323
5,325
5,422
5,616
4,897
5,091
5,028
5,040
5,116
5.346
259
269
295
285
306
270
5,616
5.346
270
304
320
See Table GA-IV-5, footnote 3.
For appropriate share of administrative expenses, including interest,
paid from the trust fund during the preceding fiscal year as deter
mined by the Secretaiy of Health, Education, and Welfare (42 U.S.C.
401) (g) (1)). Beginning July 1966 Monthly reimbursements are paid
to the Social Security Administration to cover salaries and expenses
instead of the semi-annual reimbursement to FQASI.
Includes $27 million paid from Railroad Retirement Accounts in FY
1960.
Excludes transactions for investments in non-Federal securities.
Less than $500,000.
Revised.
Insurance T rus t F u n d s
(In millions of dollars)
Receipts
Fiscal year
or month
Total 1/ 2/
Appro
priations
1966..............
1967..............
1968..............
1969..............
1970........ ......
916
3,089
3,902
5,344
5,614
862
2,483
3,235
3,997
4,340
1971 (Est.).......
1972 (Est.).......
1970-Jan..........
Feb..........
Ma r ..........
Apr..........
Ma y ..........
June.........
6,057
6,101
297
531
413
464
575
516
4,456
4,801
294
459
399
456
460
427
July.........
Aug..........
Sept..........
Oct..........
Nov..........
Dec...........
Fiscal 1971
to date.......... ,
351
584
318
306
406
1,217
349
410
295
294
•317
252
3,182
1,917
Federal
payment
y
Net
in
crease,
Adminis Construc or de
trative
crease
expenses tion
(-), in
assets
Deposits
fcy
States
Total
Benefit
payments
47
206
279
426
445
7
46
60
96
137
165
137
3
4
2
2
1
66
874
498
548
*
69
13
7
113
24
*
107
22
10
86
17
64
2,597 y
3,815 y
4,758
4,953
5,970 %
6,853
411
388
492
449
440
445
2
1
1
2
3
74
441
428
439
449
429
470
431
418
423
438
417
457
10
11
15
11
12
14
874
243
82
2,657
2,583
73
_
338
234
771
628
874
551
-
-
_
Assets, end of period
Expenditures other than investments
Interest
and pro
fits on
invest
ments
Source:
See Table FF0-1.
1/
Includes nominal amounts of other receipts.
2/
Includes receipts and interest from Railroad Retirement Account - net
settlement of $16 million FY 1967, $44 million FY 1968, $54 million
FY 1969, $64 million FY 1970, and $66 million in August 1970.
Estimates are $64 million FY 1971 and $63 million FY 1972.
y
Represents payments for military service credits of $11 million for
each FY 1967 and 1968, $22 million FY 1969, $11 million FY 1970 and
December 1970; and payment for transitional coverage for the uninsured
y
_
2,508
3,736
4,654
4,804
5,820
6,690
392
378
479
439
428
426
64
89
79
104
148
148
160
19
10
12
11
12
19
Total
Invest
ments
Un
expended
balance
851
492
87
586
661
851
1,343
1,431
2,017
2,677
786
1,298
1,370
2,001
2,653
65
45
60
15
24
87
-752
2,764
2,012
13
15
-114
143
-78
15
135
72
2,391
2,534
2,456
2,471
2,606
2,677
2,751.
1,997
2,392
2,346
2,450
2,477
2,478
2,653
-1
188
5
-6
128
24
1I
*
*
-90
156
-121
-142
-23
746
II
II
2,587
2,743
2,622
2,479
2,456
3,202
2,549
2,640
2,653
2,469
2,374
3,163
38
102
-32
10
82
39
*
525
jI
3,202
3,163
39
-
1
*
*
-
*
*
-
*
*
-
of 1327 million FY 1967, #273 million FY 1968, |749 million FY 1969,
#617 million FY 197Q and #863 million December 1970. Estimates are
#863 million FY 1971 and #503 million FY 1972 for transitional cov
erage; #11 million FY 1971 and #48 million FY 1972 for military service
credits.
Excludes transactions for investment in non-Federal securities.
Includes Payments for incentive reimbursement experimentation of #1
million FY 1971 and #2 million FY 1972.
Less than #500,000.
February 1971
13 5
pmAMfiTAT. OPERATIONS OF GOVERNMENT AGENCIES AND WTMrm
Section I V - T r u s t F u n d s
T a b l e GA-IV-4. - Federal S u p p l e m e n t a r y M e d i c a l Insurance T r u s t F u n d
(In millions of dollars)
Receipts
Fiscal year
or month
Total 1/
1967....................
1965....................
1969....................
1970....................
1971 ( E s t J ............
1972 (Est.)............
647
698
903
936
623
634
984
928
1,255
1,347
1,245
1,376
1970-Jan................
Feb................
Mar................
Apr................
May................
June...............
173
159
157
165
148
152
85
74
79
July..............
Aug................
Sept...............
Oct................
Nov................
Dec................
195
214
216
212
105
96
106
200
212
10 1
102
1,248
620
Fiscal 1971
to date................
Interest
and pro
fits on
invest
ments
Federal
contri
butions
Premiums
1,235
1,353
1,911
1,876
2,511
2,744
Expenditures other than investments
81
73
83
110
Benefit
payments
Total
15
799
1,532
664
12
11
21
2,196
1,390
1,645
1,979
2,315
2,573
2,070
2,300
87
84
77
83
73
67
*
180
159
156
181
168
155
152
106
98
104
*
20
1,840
23
172
1
1
*
202
98
106
1
4
186
175
179
168
192
191
189
191
187
622
6
1 ,1 1 8
2
1
1
*
*
110
Source: See Table FF0-1.
1/ Includes nominal amounts of other receipts.
479
281
358
13
196
171
254
425
232
402
-8
192
179
133
186
151
79
-179
71
1
243
271
1
21
13
-1
*
*
*
_
*
*
113
*
21
18
20
27
17
19
26
18
21
1,004
-321
486
307
378
57
_
_
1
Invest
ments
Total
486
134
143
195
216
17
151
173
165
171
171
174
*
Assets, end of period
Ntet
Increase,
Adminis Construc or de
crease
trative
tion
(-), in
expenses
assets
-13
-45
112
88
43
3
24
28
• 9
25
10 1
44
13
58
80
105
131
-2 1
-28
-28
85
57
103
127
155
163
Un
expended
balances
7
25
20
44
21
23
6
27
54
25
41
44
42
24
22
140
188
134
134
14
30
54
188
134
54
Less than $500,000.
T a b l e GA-IV-5. - Railroad R e t i r e m e n t A c c o u n t s
(In millions of dollars)
Receipts
Fiscal year
or month
Total
1/
1936-61.......
1962..........
1963..........
13,248
1,0 8 1
1,128
1,192
1,342
1,411
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
1,560
1 ,686
1*823
1971 (Est.)....
1972 (Est.)___
1,939
2,028
1970-Jan......
Feb......
Mar......
Apr......
May......
June.....
18
163
119
15
166
849
July.....
Aug......
Sept.....
Oct......
Nov......
Dec......
Fiscal 1971
to date.......
1 ,6 1 1
Interest
and pro
Appro
fits on
priations invest
2/
ments
10,732
564
572
593
636
683
793
814
885
919
974
981
265
1
623
174
212
248
81
11
458
11
143
150
163
178
192
4
15
201
11
130
14
148
154
87
9
107
87
7
164
84
118
108
1,338
107
105
Expenditures other than investments
From FQASI
and FDI
trust
funds 2/
From
Unemploy
ment
Trust
Fund Lj
1,062
372
442
116
37
9
47
90
92
422
459
469
539
458
513
589
617
688
92
78
84
80
73
316
10 1
1,865
1,860
38
35
58
41
29
35
47
45
45
”
45
8
1,388
1,533
1,586
18
136
-
-
134
144
Adminis
trative
expenses
85
9
19
18
100
4,968
-117
24
-16
-137
23
706
-129
-25
-30
-236
16
45
4,263
4,287
4,271
4,134
4,157
4,863
4/733
4*708
47678
4,442
4,458
4,503
4,131
4,157
4,113
3,996
4,006
4,724
4,610
4,568
4,530
4,294
4,287
4,349
-359
4,503
4,349
238
21
151
154
8
6
~
41
982
952
21
9
-
_
Source: See Table FF0-1.
1 / Includes payment for military service credits beginning fiscal 1965 .
2/ Includes the Government's contribution for creditable military service
(*5 U.S.C. 228c-1 (n)) through fiscal 196k and unappropriated trans
fers of tax receipts and beginning FY 1968 includes transfers of
receipts to Federal Hospital Insurance trust fund of $hb million FY
1968, $5* million FY 1969, $6l million FY 1970, and $63 million
August 1970.
Payments are made between the Railroad Retirement Account and Federal
2/ old-age
and survivors and Federal disability so as to place those funds
in the position in which they would have been if railroad employment
152
143
143
140
143
136
136
136
%
7
-
7
6
-
2
5
-
1/
13
14
15
16
10
11
10
12
138
20
130
UllrInvest expended
balance
ments
3,760
3,697
3,697
3,766
3,916
4,070
4,357
4,427
4,498
4,724
4,717
4,815
247
158
156
_
-
139
Total
3,842
-54
16
54
157
165
296
125
92
170
137
137
.
_
-
To
Unemploy
ment
Trust
Fund ij
2
1
1
1
2
1
2
1
1
1
2
2
2
11
1
!24
1,112
1,139
1,185
1,246
1,315
1,436
1,595
1,653
1,934
1,928
126
24
96
8,944
1,024
1,064
1,092
1,116
1,194
1,257
136
589
4
9,407
1,135
-
149
10
Benefit
payments
_
-
4
12
100
Total
1/
Assets , end of period
Net
increase,
or de
crease
(-), in
assets
5
3,842
3,788
3,805
3,859
4,016
4,181
4,477
4,601
4,692
4,863
4,868
82
91
108
93
100
112
120
174
194
138
151
153
131
130
158
138
151
138
123
140
149
148
171
154
154
after 1936 had been included in social security coverage (*5 U.S.C.
228e (K)). See Tables GA-IV-1 and GA-IV-2.
See Table GA-IV-6 . Receipts include repayment and interest.
Includes $62 million (1936-60), paid to Federal old-age and survivors
and disability insurance trust funds and $16 million FY 1967 to
Federal Hospital Insurance Trust Fund; beginning FY 1968 excludes
transactions for investments in non-Federal securities; and beginning
FY 1970 includes $5 million paid to Railroad Unemployment Trust Fund.
Paid from the trust fund beginning 1950 (63 Stat. 297).
Includes unappropriated receipts.
Treasury Bulletin
136
.FINANCIAL O P E R A T I O N S
O F
G O V E R N M E N T
A G E N C I E S
A N D
F U N D S .
Section IV - Trust F u n d s
Table GA-IV-6. - U n e m p l o y m e n t Trust F u n d
(in millions of dollars)
Expenditures other
than investments
Employment
Security program
Receipts
Railroad unemployment insurance
Employment security program
State
accounts
y
Fiscal year
or month
Total
Deposits
by
States
37,72210/ 30,850
2,729
3,985
4,261
3,009
3,042
4,288
3,052
4,132
4,126
3,067
4,072
2,917
3,822
2,605
2,561
3,899
2,564
4,11912/
1936-61 ....
1962 .......
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
Employment Security
Administration
Federal
Account 2/
Un
employ
Advances ment
Account
from
Appro
Board
priations general
V
fund
3/
34411/
453
945
847
615
561
597
601
633
770
51
35
-82
-4
-
_
-
1971 (Est.).
1972 (Est.),
4,344
5,008
2,700
3,200
776
858
1970-Jan___
Feb___
Mar....
Apr....
May....
June..,
167
595
67
256
886
:310 ig f
59
267
25
194
784
37
70
567
14
39
71
4
July..,
Aug....
Sept..,
Oct....
Nov...,
Dec...,
191
617
79
137
425
369
158
535
22
86
331
24
26
42
3
20
31
5
30
7
24
55
Fiscal 1971
to date...,
1,819
1,156
127
115
26
-278
_
-
Railroad Unemployment
Insurance Account 6/
Federal
Extended
Compen
sation
Account
5/
Interest
and
Advances from
profits
Deposits
Deposits on
by
by
invest
Railroad Railroad
Railroad ments
Retire Retire
General
ment
Retire
ment
ment
accounts Accounts fund
board
8/
u
498
333
2
*
1,672
X47
150
144
143
139
137
131
-
-
-
- ■
123
316
101
38
35
58
4l
29
35
47
45
_
-
_
-
125
122
45
45
_
_
-
-
2
5
8
6
~
21
339
-
*
126
-
-
*
7
22
1
2
27
*
10
21
*
11
19
-
-
61
_
_
Adminis
tration
fund 2/
-
18
8
8
12
10
9
9
9
8
8
3,513
173
191
213
255
309
384
442
523
604
-
8
8
690
775
6,040
5,265
5,080
4,270
743
806
_
*■
*
1
*
*
2
3
24
4
17
23
235
383
375
443
384
340
415
308
312
345
308
60
44
65
64
50
77
4
25
4
16
21
265
389
402
332
373
417
566
309
-
*
1
1
*
1
1
303
347
471
70
71
12
59
61
64
-
4
335
2,47S
2,040
337
13
7
-1
-
8
7 *
7
6
-
Employ
ment
State
accounts Security
Adminis
Total
1/
tration
Account
With
J/______
drawals
Grants
by
to
States
States
375
28,649
468
2,819
2,810
336
3,819
3,698
413
2,703
2,390
3,130
399
1,974
2,687
477
540
2,001
2,755 U 4
2,830
2,074
552
588
2,061
2,865
3,634
2,793
624
-
-
Expenditures other than Investments - (Continued)
Employment security program - (Continued)
Employment Security Adminis
tration Account - (Continued)
Fiscal year
or month
Payments to
general fund
Reimburse Inter
ments and est on
recoveries advances
Federal Extended
Compensation Account 5/
Temporary
Salaries extended
compen
and
expenses sation
payments
33/
1936-61.....
1962 ........
1963........
1964........
1965........
1966........
1967-.......
1968........
1969........
1970........
5
5
6
55
112
30
14
9
10
11
3
3
3
3
2
2
4
4
4
5
8
10
12
13
13
17
18
18
21
18
1971 (Est.)..
1972 (Est.)..
10
11
3
2
24
1970-Jan....
Feb....
Mar....
Apr....
May....
June....
3
3
3
*
*
*
*
4
*
*
*
*
3
1
2
2
2
1
July....
Aug....
Sept....
Oct....
Nov....
Dec....
*
*
*
*
*
*
*
*
*
*
*
*
3
2
2
2
1
1
Fiscal 1971
to date....
481
304
-15
-2
*
*
*
*
_
_
-
_
_
-
466
325
*
-
Reim
bursement
to State
accounts
1/
6
38
2
*
-
-
_
-
.
_
.
_
-
1
~
11
—
*
_
-
Repay
ment of
advances
from
general
fund
“
2,186
202
167
134
115
88
71
76
97
93
92
95
10
9
*
9
9
9
9
7
7
_
-
6
8
8
8
8
8
45
‘
Footnotes at ehd of Table GA-IV-7.
Railroad unemployment insurance
Railroad Unemployment
Adminis
Insurance Account 6/
tration
fund
Repayment of
2/
advances to Tempo
Benefit rary
Admin
extended Railroad
pay
Retire
istra
benefit ment
ments
General tive
payments Accounts fund
ex
penses
w
-
*
_
-
-
118
37
9
47
90
92
100
92
78
84
80
73
_
-
18
24
20
-
_
2
10
7
281
305
321
289
Assets, end
of period
Net
increase
or
decrease
(-), in
assets
Total
5,756 JL5 (
5,835
6,277
6,867
7,870
9,308
28
9
9
9
8
7
6
7
6
6
5,748
79
442
590
1,002
1,439
1,318
992
1,034
485
8
7
-1,696
-257
11,441
11,184
_
-
1
*
*
1
1
*
-216
220
-375
12,979
13,199
12,824
-128
12,696
545
-105
13,242
13,137
-198
-
*
1
1
1
214
-252
-235.
8
-197
4
-659
-
_
-
21
41
‘
1
1
Invest Unex
pended
ments
balance
10,626
11,6 18
12,652
13,137
5,720
5,792
6,245
6,827
7,794
9,262
10,531
11,563
12,587
13,008
11,365
11,099
36 W
43
32
40
76
47
95
55
65
129
76
85
12,897
13,154
12,829
12,576
13,231
13,008
92
46
-5
120
11
129
12,939
13,154
12,902
12,666
12*,675
12,478
12,763
13,110
12,559
12,604
12,441
177
43
102
107
71
37
12,478
12,441
37
12,800
137
February 1971
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section I V - T r u s t F u n d s
T a b l e G A -IV-7. - N a t i o n a l Service Life I n s u r a n c e F u n d
(In millions of dollars)
Receipts
Fiscal year
or month
Total
Premiums and
other receipts
Total
Invest
ments
Unexpended
balance
5,773
5,811
5,721
5,797
5,914
6,122
6,086
6,233
6,315
6,341
5,759
5,804
5,714
5,7 83
5,909
6,113
6,079
6,228
6,301
6,320
14
7
7
14
5
9
7
4
13
21
275
293
37
48
6,379
6,427
6,357
6,406
22
21
3
10
1
2
*
214
63
53
70
63
50
57
-18
-5
-28
-22
-14
202
6,208
6,202
6,174
6,153
6,139
6,341
6,206
6,196
6,168
6,146
6,132
6,320
2
6
6
7
7
21
43
46
38
40
36
160
42
37
41
39
36
44
40
37
37
39
35
39
3
8
121
65
48
59
54
42
59
-22
-2
-21
-14
-6
101
6,319
6,316
6,295
6,281
6,274
6,375
6,311
6,297
6,286
6,273
6,258
6,366
8
20
9
7
17
9
363
228
133
329
34
6,375
6,366
9
1970-Jan...
Feb...
Mar...
Apr...
May...
June..
45
47
42
41
37
258
July..
Aug...
Sept..
Oct...
Nov...
Dec...
Fiscal 1971
t<3 date
Assets, end of period
5,773
38
-89
75
117
208
-36
147
82
26
9,396
483
477
478
473
497
487
476
478
463
478
493
1971 (Est.).
1972 (Est.).
Net increase,
or decrease
(-), in
assets
11,143
626
747
585
545
485
729
546
627
685
720
742
16,916
664
658
661
662
693
693
693
708
711
757
790
1941-61.
1962....
1963....
1964___
iv:5....
1966....
196 7
196 8
1969....
1970....
Transfers from Interest and
general and
profits on
special funds
investments
Expenditures other
than investments
(benefits, refunds,
and dividends)
4,734
7
6
6
7
5
6
5
6
3
2,786
174
175
176
182
191
200
211
225
245
4
4
Source: See Table FF0-1.
Note: This fund was* established by the National Service Life Insurance
Act of 1940 (38 U.S.C. 720).
*
Less than #500,000.
F o o t n o t e s to T a b l e G A - I V - 6
Source: See Table FF0-1.
State unemployment funds; used for benefit payments. For the period
August 1961 to February 1964» withdrawals by States were reduced by
reimbursements to State accounts from the Federal Extended Compensation
Account.
2j Established by the Employment Security Act of I960, approved September 13,
i 960 (i+2 U.S.C. 1101 (a)}, into which are deposited tax receipts
transferred in accordance With the act and from which are paid the
administrative expenses of the employment security program and
reimbursement for tax refunds. Receipts consist of appropriated and
unappropriated transfers of tax collections.
J/ Net of repayments.
lj Amounts represent excess of collections from Federal unemployment tax
over expenditures for benefits and administrative expenses which excess
was appropriated from the general fund to this account, (includes
amounts appropriated to the State Unemployment Accounts). Beginning
19 6 1 , such excess is transferred between book accounts within the
Unemployment Trust Fund.
2/ Established by the act approved March 24, 1961 (42 U.S.C. 1105 (a)),
which provides for a temporary program of extended unemployment
compensation payments.
6/ For payment of benefits and refunds (1+5 U.S.C. 360). Figures exclude
interim advance of #15 million from the Treasury and subsequent repay
ment, both in 1940 .
2/ Contributions under the Railroad Unemployment Insurance Act of 1938,
as amended (45 U.S.C. 360 (a)), in excess of the amount specified for
administrative expenses. Through 1957, also includes transfers from
the administration fund of excess amounts over the specified balance
(45 U.S.C. 361 (d)).
8/
1/
2/
10 /
11/
12/
13/
1U
15/
16/
*
Temporary advances are made when the balance in the Railroad Unemploy
ment Insurance Account is insufficient to meet payments of benefits
and refunds due or to become due. Whenever the balance is sufficient
to pay such benefits and refund, repayments are made, plus interest
at 3# per annum, pursuant to an act approved May 19, 1959 (45 U.S.C.
360 (d))
Consists of specified proportion of contributions deposited in the
fund to be available for administrative expenses. The Railroad Un
employment Insurance Administration Fund was established in the Un
employment Trust Fund pursuant to the amending act of September 6,
1958; before that the administration fund was a separate trust fund
(45 U.S.C. 361).
Total includes $107 million transferred from State accounts to the
Railroad Unemployment Insurance Account in connection with its
establishment (45 U.S.C.363 ). Beginning fiscal 1961 refunds of taxes
(principal only) are reported as deductions from receipts. Interest
paid on refunds of taxes is included under expenditures. See foot
note 13.
Beginning FY 1967 excludes transactions for investments of non-Federal
securities.
Includes $5 million from Railroad Retirement Unemployment Insurance
Account.
Includes interest on refunds of taxes.
Includes interest.
Includes an adjustment of $7 million pursuant to the act of September
6, 1958 (45 U.S.C. 361 (a)).
Includes unappropriated receipts beginning September 1960.
Less than $500,000.
138
Treasury Bulletin
p t m a m p t a t
.O P E R A T I O N S
O F
G O V E R N M E N T
A G E N C I E S
A N D
F t m n s
Section I V - T r u s t F u n d s
T a b l e G A - I V - 8 . - I n v e s t m e n t s o f S p e c i f i e d T r u s t A c c o u n t s in P u b l i c D e b t Securities, A g e n c y Securities,
and Non-Federal
Securities b y Issues, as of
December
31, 1 9 7 0
(In millions of dollars)
Issue
date
Description of securities
Public debt securities:
Public issues:
Notes:
4-3/4*
4-3/4
5-1/4
5-3/4
6
-
6-1/4
-
7-1/2
-
6- 1/2
8
7-3/4
Bonds:
2- 1 / 2#
4
3-7/8
4
4
4
4--1/8
4- 1/8
4-1/4
3-7/8
4-1/4
3-1/4
_
4
3- 1/2
3-1/4
4-1/4
4
4-1/8
3-1/2
3
3-1/2
2-3/4- (Investment Series B)
Total public issues..
Special issues:
Certificates:
5-1/2%
7-3/4
7-1/2
7-3/8
7-1/4
7-1/2
7-3/8
7-1/4
7-5/8
7-5/8
7-1/8
7-1/2
7
6- 1/8
6- 1/8
7
6
6
7
Notes:
4-3/4?
5-5/8
5-3/4
6- 1/2
7-5/8
7-3/4
Bonds:
2- 5/ 8*
4
3-3/4
2- 5/8
3-3/4
3-7/8
3-7/8
4- 1/8
4- 1/8
4-1/8
-
-
-
-
Total special issues..
2/15/72-A
5/15/72-B
5/15/71-A
2/15/75
5/15/75
2/15/76-A
5/15/76
8/15/76
2/15/77
8/15/77-B
2/15/67.
5/15/67
8/ 15/66
3/15/68
5/15/68
2/15/69
5/15/69
10/1/69
2/15/70
8/15/70
9/15/67-72
8/15/71
11/15/71
2/15/72
8/15/72
8/15/73
11/15/73
2/15/74
5/15/74
11/15/74
5/15/75-85
6/15/78-83
2/ 15/80
1 1 / 15/80
5/15/85
8/15/87-92
2/15/88-93
5/15/89-94
2/15/90
2/15/95
11/15/98
4/1/75-80
22
_
10
4
_
-
10/ 20/41
*
3/1/62
5/15/62
1 1 / 15/62
9/15/62
9/15/63
7/22/64
1/15/65
5/15/64
12/2/57
4/5/60
100
_
_
_
_
_
_
_
6/30/74
6/30/75
6/30/75
6/30/76
6/30/77
6/30/77
6/30/67
6/ 30/68
6/30/68
6/30/69
6/30/70
6/30/70
from
from
from
7
17
5
6/30/59
10/5/63
6/ 30/61
6/30/59
6/ 30/61
6/30/63
6/30/63
6/30/64
6/30/64
6/30/64
_
_
_
38
2
2
16
24
78
60
153
449
26
33
-
91
556
70
552
1,065
3,522
10
_
5
21
-
30
_
_
68
10
5
315
126
6
7
2,720
2,461
309
584
400
3,844
5,033
-
1,152
1,394
729
919
4,160
_
53
14
106
6
18
174
113
13
39
3
10
y^
115
.
2 ,2^7
9,984
“
”
”
187
11
_
11
409
483
3
648
847
_
_
317
349
208
“
”
_
_
154
279
25,787
106
14
_
_
_
2,582
-
33
53
28
_
1,738
16
47
1,045
-
1,240
157
21
-
_
10
12
32
46
48
Q
127
J•3
34
g
*
_
_
_
1
35
-
_
_
37
134
3
15
48
19
_
_
89
21
_
_
230
142
19
793
_
_
_
68
51
-
_
1,495
32
-
63
34
_
14
32
-
_
192
_
_
_
7
20
-
-
_
18
8
_
_
_
_
Unemployment
Trust Fund
46
_
68
_
_
_
_
81
Railroad
Retirement
Accounts
7
_
513
_
_
_
-
_
_
_
_
_
_
_
_
_
62
6
Federal
Supplementary
Medical
Insurance
Trust Fund
_
_
_
_
_
_
_
_
_
_
14
from 6/30/70
6/30/70
from
7/1/70
from
8/1/70
from
9/1/70
from
7/6/70
from
8/4/70
from
9/6/70
from 7/19/70
from 7/16/70
from IO/I6/ 7 O
from 9/22/70
from 10/4/70
from 12/5/70
from 12/1/70
from 10/1/70
from 12/3/70
from 12/18/70
from 11/17/70
from
from
_
_
Federal
Hospital
Insurance
Trust Fund
26
10
10/3/60
6/3/58
8/15/62
1/17/63
4/18/63
2/14/58
2/15/55
10/ 3/60
4/1/51
from
Federal
Disability
Insurance
Trust Fund
90
15
-
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/72 to 75
6/30/77 and 78
6/30/74 to 77
6/30/74 and 75
6/30/75 and 76
6/30/77 and 78
6/30/78
6/ 30/78 to 80
6/30/79 and 80
6/30/77 to 80
Federal Old-Age
and Survivors
Insurance
Trust Fund
4,966
-
-
3,093
134
(Continued on following page)
463
3,396
“
I
9,984
.....
February 1971
139
_____________________FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS,
Section I V - T r u s t F u n d s
T a b l e G A - I V - 8 . - I n v e s t m e n t s o f S p e c i f i e d T r u s t A c c o u n t s i n P u b l i c D e b t S e c u r i t i e s , A g e n c y S e c u r iti es ,
a n d N o n - F e d e r a l S e c u r i t i e s b y I s s u e s , a s o f D e c e m b e r 31, 1 9 7 0 - ( C o n t i n u e d )
(in millions or dollars)
Issue
date
Description of securities
Agency securities:
Participation certificates:
6.30%
5.20
5.20
5.20
5-1/2
5.10
6.40
6
6.05
6.45
6.20
4/8/71
1/19/72
1/19/77
1/19/82
6/29/72
4/6/87
12/11/87
2/1/71
2/1/88
4/8/88
8/12/88
Total participation certificates.....
Total..........................
Source:
Bureau of Accounts.
4/8/68
1/19/67
1/19/67
1/19/67
6/29/67
4/5/67
12/11/67
1/30/68
1/30/68
4/8/68
8/12/68
Federal Old-Age
and Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
-
100
50
50
75
35
65
35
230
640
29,949
Federal
Hospital
Insurance
Trust Fund
Federal
Supplementary
Medical
Insurance
Trust Fund
15
20
-
-
-
50
-
-
-
50
-
-
-
Railroad
Retirement
Accounts
40
_
50
-
-
Unemployment
Trust Fund
30
100
_
_
_
_
70
_
-
-
-
65
5,346
70
-
160
200
3,163
134
4,349
12,441
*
Less than $500,000.
-
-
70
-
140
Treasury Bulletin
C U M U L A T I V E
March
T A B L E
O F
C O N T E N T S
1 9 7 0 t h r o u g h F e b r u a r y 1971
Issue and page number
1970
Mar.
Apr.
II
May
June
July
II
II
II
II
II
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
Trust funds transactions................................
Accountability of the Treasurer of the U.S. on an
accounting basis........ .............. ................
Detail of excise tax receipts...........................
Summary of internal revenue collections by States,
p.al erid^r
196Q.....................................
10
11
10
11
10
11
10
11
12
...
15
13
18
19
II
II
II
II
II
II
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
*12
...
...
*12
...
...
12
13
...
...
Monetary statistics:
Federal debt:
Summary of Federal debt.................................
Computed interest charge and computed interest rate on
interest-bearing public debt...........................
Interest-bearing public debt............................
Maturity distribution and average length of marketable
interest--bearing public debt...........................
Interest-bearing securities issued by Government
Status and application of statutory limitation.........
Treasury holdings of securities issued by Government
Public debt operations:
Maturity schedule of interest-bearing marketable public
debt securities other than regular weekly and annual
Treasury bills outstanding.............................
Offerings of Treasury bills.............................
New money financing through regular weekly Treasury
bills...................................................
Offerings of public marketable securities other than
Unmatured marketable securities issued in advance
refunding operations...................................
Unmatured marketable securities issued at a premium
or discount other than advance refunding operations....
Allotments by investor classes on subscriptions for
public marketable securities............................
Disposition of public marketable securities other than
regular weekly Treasuiy bills..........................
Foreign series securities (nonmarketable) issued to
official institutions of foreign countries............
Foreign currency series securities (nonmarketable)
issued to official institutions of foreign countries...
Dec.
14
15
13
13
15
13
13
16
13
13
19
20
17
18
18
19
16
17
16
17
18
19
16
17
19
20
19
20
16
17
16
17
20
20
21
21
19
19
20
20
18
18
18
18
20
20
18
18
21
21
21
21
18
18
18
18
21
22
20
21
19
19
21
19
22
22
19
19
22
23
23
20
20
20
21
Jan.
Feb.
12
Account of the Treasurer of the United States:
Status of the Account of the Treasurer of the United
Analysis of changes in tax and loan account balances....
Summary of cash transactions through the Account of the
Sept.
Nov.
Federal fiscal operations:
Budget outlays by agencies..............................
Undistributed intrabudgetary transactions..............
Budget outlays by major function........................
Investment transactions of Government accounts in
Aug.
Oct.
Article:
Budget receipts by principal sources....................
1971
23
21
22
20
20
22
20
22
23
23
24
21
22
22
23
20
21
20
20
22
23
20
21
23
24
23
24
20
21
23
24
24
25
22
23
23
24
21
22
21
22
23
24
21
22
24
25
24
25
21
22
21
22
25
26
27
28
26
27
28
29
24
25
26
27
25
26
27
28
23
24
25
26
23
24
25
26
25
26
27
28
23
24
25
26
26
27
28
29
26
27
28
29
23
24
25
26
23
24
25
26
29
30
28
29
27
27
29
27
30
30
27
27
30
32
31
33
29
31
30
31
28
29
28
29
30
31
28
29
31
32
31
32
28
29
28
29
35
35
33
33
31
31
33
31
35
34
31
31
37
38
36
35
33
33
35
33
37
36
34
34
40
41
39
38
35
35
37
35
39
39
...
...
43
44
42
41
37
37
39
37
41
41
37
37
45
46
44
43
39
39
41
39
43
43
39
39
48
49
47
46
42
42
44
42
46
46
42
42
51
52
50
49
45
44
46
45
49
49
45
45
66
68
61
60
56
56
58
57
61
62
58
58
United States savings bonds:
Sales and redemptions by series, cumulative............
Sales and redemptions by periods, all series combined...
Sales and redemptions by periods, Series E through K....
Redemptions of matured and unmatured savings bonds.....
Sales and redemptions by denominations, Series E and H
combined......... ......................................
Sales by States, Series E and H combined................
68
68
69
71
71
71
72
74
64
64
65
67
63
63
64
66
58
58
59
61
58
58
59
61
60
60
61
63
59
59
60
62
63
63
64
66
64
64
65
67
60
60
61
63
60
60
61
63
.••
...
...
68
...
•. •
...
•••
62
63
.•.
•..
...
•••
67
• ••
• ••
...
...
...
64
65
United abates,-savings notes.:
Sales and redemptions by periods........................
72
75
69
67
62
64
64
63
68
68
64
66
76
77
70
71
64
65
69
70
69
70
65
66
72
63
64
65
65
66
78
68
69
70
65
66
Treasury survey of ownership..............................
73
74
75
67
67
66
Treasury survey-commercial bank ownership.................
...
...
...
•••
73
• ••
Ownership of Federal securities:
Distribution by classes of investors and types of issues
Estimated ownership by private investors................
(Continued on following page)
71
71
67
67
68
69
...
...
...
75
141
February 1 9 7 1
_ _ ^ C U M U L A T I V E
T A B L E
O F
C O N T E N T S _____
March 1970 through February 1971 - (Continued)
Issue and page number
1970
May
June
84
78
87
81
Mar.
Apr.
Market quotations on Treasury securities:
End-of-month closing quotations by issues.
Chart - Yields of Treasuiy securities....
81
Average yields of long-term bonds:
Average yields of Treasuiy, corporate and municipal bonds
by periods...............................................,
Chart - Average yields of Treasury, corporate and
municipal bonds.......................................
84
83
Exchange Stabilization Fund:
Balance sheet.............
Income and expense........
National bank reports:
Income, expenses, and dividends for calendar year
July
Aug.
76
78
71
73
78
73
75
72
74
77
79
79
74
81
76
75
80
75
82
76
81
82
85
77
Oct.
Dec.
Jan.
77
79
73
75
80
76
83
77
84
81
82
78
79
77
78
86
79
80
82
83
82
83
80
85
81
84
84
82
87
85
84
85
84
85
82
83
87
86
84
89
87
91
92
83
84
82
83
78
79
83
84
88
93
85
84
80
86
84
85
80
89
93
94
85
90
95
87
86
89
88
90
93
101
106
107
112
111
116
117
126
122
131
104
78
79
86
81
81
82
82
87
82
83
85
90
85
86
81
97
93
103
99
104
93
94
97
99
100
103
81
92
100
103
101
106
110
103
108
103
104
107
107
105
113
109
118
114
123
109
118
110
113
113
111
120
122
88
87
107
119
86
95
114
123
122
85
97
108
Foreign branches of United States commercial banks:
Dollar and foreign currency assets of foreign branches.,
Dollar assets of foreign branches...................... .
Foreign currency assets of foreign branches........... .
Dollar and foreign currency liabilities of foreign
branches................................................
Dollar liabilities of foreign branches..................
Foreign currency liabilities of foreign branches.........
Dollar and foreign currency assets of foreign branches in
United Kingdom......... ........... .....................
Dollar assets of foreign branches in United Kingdom.....
Foreign currency assets of foreign branches in United
Kingdom..................................................
Dollar and foreign currency liabilities of foreign
branches in United Kingdom..............................
Dollar liabilities of foreign branches in United Kingdom..
Foreign currency liabilities of foreign branches in United
Kingdom................................................
122
116
125
126
127
128
129
130
131
132
133
134
135
136
137
Foreign currencies acquired by the U-S. Government without
payment of dollars:
Foreign currency transactions, summary and country uses..
Foreign currency transactions, U.S. uses and trust funds.
Financial operations of Government agencies and funds:
Government corporations and other business-type
activities:
Statements of financial condition......................
Statements of income and expense.......................
Statements of source and application of funds.........
Regular Governmental activities:
Statements of financial condition.......... ...........
Federal credit programs:
Direct sales and repurchases of loans........... ......
Loans outstanding, excluding interagency loans........
Trust funds:
Federal Old-age and Survivors Insurance Trust Fund....
Federal Disability Insurance Trust Fund................
Federal Hospital Insurance Trust Fund..................
Federal Supplementary Medical Insurance Trust Fund....
Railroad Retirement Accounts...........................
Unemployment Trust Fund................................
National Service Life Insurance Fund...................
Investments of specified trust accounts................
Nov.
81
1 9 6 9 ...
Capital movements between the United States and foreign
countries:
Liabilities to foreigners reported by banks in the
United States...........................................
Claims on foreigners reported by banks in the United
States...................................................
Liabilities to foreigners reported by nonbanking concerns
in the United States....................................
Claims on foreigners reported by nonbanking concerns in
the United States.......................................
Transactions in long-term securities by foreigners
reported by banks and brokers in the United States.....
Foreign credit and debit balances in brokerage accounts...
Sept.
76
77
89
90
International financial statistics:
U.S. reserve assets.......... ...........................
U.S. liquid liabilities to foreigners....................
U.S. liquid liabilities to official institutions of
foreign countries, by area..............................
Nonmarketable U.S. Treasury bonds and notes.issued .to
official institutions of foreign countries.............
U.S. position in the IMF.................................
U.S. net monetaiy gold transactions with foreign countries
and international and regional organizations...........
1971
139
140
134
135
121
126
129
142
125
123
125
148
146
170
156
157
136
153
154
158
159
159
160
160
161
162
163
169
148
149
125
126
127
127
128
128
129
130
131
120
121
185
186
187
187
188
188
189
190
191
172
173
152
128
129
133
134
134
135
135
136
137
138
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C.
20402
OFFICIAL BUSINESS
PE N A L T Y F O R PRIVATE USE T O AVOID
P A Y M E N T O F P O S T A G E , $300
(GPO)
@FedFRASER