Full text of Treasury Bulletin : February 1979
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Treasury Bulletin
February 1979
DEPARTMENT OF THE TREASURY
OFFICE OF THE SECRETARY
WASHINGTON, D.C.
February 1979
I
C O N T E N T S
Page
Article
- Treasury Financing Operations....................................................... VI
FFO-1.
- Summary of Fiscal Operations......................................................
1
FFO-2.
- Budget Receipts by Source.................. ......................................
3
Chart
- Budget Receipts by Source.........................................................
5
FFO-3.
- Budget Outlays by Agency.............................. ...........................
6
FFO-4.
- Undistributed Offsetting Receipts.................................................
7
FFO-5.
- Budget Outlays by Function..... ..................................................
8
FFO-6 .
- Investment Transactions of Government Accounts in Federal Securities (Net)........ .. 10
F E D E R A L
FISCAL O P E R A T I O N S
FFO-7.
- Trust Funds Transactions....................... ................................ .... 1 1
FFO-8 .
- Selected accrual data reported by Federal agencies..................................12
FO-1.
- Gross Obligations Incurred Within and Outside the Federal Government by Object
Class..... ........................................... ......... ................. .. 14
FO-2.
- Gross Obligations Incurred Outside the Federal Government by Major Function and
Major Object Class.................................................................. 14
FO-3.
- Gross Obligations Incurred Outside the Federal Government by Department or Agency..
FO-4.
- Gross Obligations Incurred Outside the Federal Government, Comparative Statement
by Months........................................................................ .. 17
UST-1.
- Status of the Account of the U.S. Treasury........................................ .. 18
USTt 2
- Elements of Changes in Federal Reserve and Tax and Loan Account Balances.......... .. 19
UST-3.
- Gold Assets and Liabilities of the Treasury................................ ...... .. 20
MS-1.
- Currency and Coin in Circulation.................................................... 21
FD-1.
F E D E R A L D E B T
- Summary of Federal Debt............................................................. 22
FD-2.
- Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
FD-3.
- Interest-Bearing Public Debt........................................................ 23
FD-4.
- Government Account Series........................................................... 24
F E D E R A L
A C C O U N T
O F
O B L I G A T I O N S
T H E
M O N E T A R Y
15
U.S. T R E A S U R Y
STATISTICS
22
FD-5.
- Interest-Bearing Securities Issued by Government Agencies.......................... .25
FD-6 .
- Participation Certificates.......................................................... 26
FD-7.
- Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
FD-8 .
- Debt Subject to Statutory Limitation................................................ 27
FD-9.
- Status and Application of Statutory Limitation...................................... 28
FD-10.
- Treasury Holdings of Securities..................................................... 29
P U B L I C
D E B T
27
O P E R A T I O N S
PDO-1.
- Maturity Schedule of Interest- Bearing Marketable Public Debt Securities.......... .. 31
PDO-2.
- Offerings of Bills............................................................... .. ^2
PDO-3.
- New Money Financing through Regular Weekly Treasury Bills.........................
PDO-4.
- Offerings of Public Marketable Securities........................................... 3 7
PDO-5.
- Unmatured Marketable Securities Issued at a Premium or Discount................... .. ^
PDO-6 .
- Allotments by Investor Classes on Subscriptions for Public Marketable Securities...
^
Treasury Bulletin
II
C O N T E N T S
Page
PDO-7.
- Disposition of Public Marketable Securities......................................
48
PDO-8 .
- Foreign Series Securities........................................................
51
- Foreign Currency Series Securities...........................................
63
- Foreign Currency Series Securities Issued to Residents in Foreign Countries......•
65
PDO-9.
0
PDO-IO.
U N I T E D
S T A T E S
S A V I N G S
B O N D S
SB-1.
- Sales and Redemptions by Series, Cumulative...................................... ..6 6
SB-2.
- Sales and Redemptions by Periods, All Series Combined............................ .. 6 6
SB-3.
- Sales and Redemptions by Periods, Series E through K ............................. ..67
SB-4.
- Redemptions of Matured and Unmatured Savings Bonds............................... .. 5 9
U N I T E D
SN-1.
S T A T E S
S A V I N G S
N O T E S
- Sales and Redemptions by Periods................... \ ............................
7^
OWNERSHIP OF FED ERAL SECURITIES
OFS-1.
- Distribution of Federal Securities........... ........ ........... ..............
71
OFS-2.
- Estimated Ownership of Public Debt Securities....................................
72
T R E A S U R Y
S U R V E Y
O F
O W N E R S H I P
TSO-1.
- Summary of Federal Securities....................................................
73
TSO-2.
- Interest-Bearing Marketable Public Debt Securities by Type and Maturity Distribution
74
TSO-3.
- Interest-Bearing Marketable Public Debt Securities by Issue....................
7^
TSO-4.
- Securities Issued by Government Agencies.........................................
7£
TSO-5.
- Securities Issued by Government-Sponsored Agencies and D.C........................
75
T R E A S U R Y
S U R V E Y
- C O M M E R C I A L
B A N K
O W N E R S H I P
77
TSC-1.
- Summary of Interest-Bearing Public Debt Securities.................................
TSC-2.
- Interest-Bearing Marketable Public Debt Securities by Type and Maturity Distribution 77
TSC-3.
- Interest-Bearing Marketable Public Debt Securities by Issue........................ 78
TSC-4.
- Securities Issued by Government Agencies........................................... 80
Tsn-5.
- Securities Issued by Government-Sponsored Agencies and D.C..................... .
M A R K E T
Q U O T A T I O N S
O N
T R E A S U R Y
30
S E C U R I T I E S
MQ-1.
- Treasury Bills........................ ..........................................
MQ-2.
- Treasury Notes..................................................................
MQ-3.
- Treasury Bonds..................................................................
Chart
- Yields of Treasury Securities....................................................
AY-1.
- Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds.............
85
Chart
- Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds.............
35
A V E R A G E
Y I E L D S
I N T E R N A T I O N A L
O F
L O N G - T E R M
F I N A N C I A L
81
81
83
B O N D S
STATISTICS
IFS-1.
- U.S. Reserve Assets.............................................................
87
IFS-2.
- U.S. Liquid and Nonliquid Liabilities to Foreign Official Institutions, and Liquid
Liabilities to All Other Foreigners............................................
88
IFS-3.
- U.S. Liquid and Nonliquid Liabilities to Official Institutions of Foreign Countries
by Area........................................................................ 89
IFS-4.
- Nonmarketable U.S. Treasury Bonds and Notes...................................... 90
IFS-5.
- U.S. Position in the International Monetary Fund.................. ..............
IFS-6 .
- Weighted-Average of Exchange Rate Changes for the Dollar........... ............. 92
91
III
February 1979
CONTENTS
CAPITAL MOVEMENTS
Page
LIABILITIES TO FOREIGNERS REPORTED BY BANKS - U.S.
CM-I-1.
- Total Liabilities by Type of H o l d e r ................................... . ............ .
95
C M - 1 - 2.
- Total Liabilities by Type, Payable in Dollars - Part A ................................
96
CM-I-2.
- Total Liabilities to Nonmonetary International and Regional Organizations by Type,
Payable in Dollars - Part B ............... ...................................... .......
97
C M - 1 - 3.
- Total Liabilities by C o u n t r y ........... ..................................................
98
CM-I-4.
- Total Liabilities by Type and C o u n t r y .................................................. .
99
CLAIMS ON FOREIGNERS REPORTED BY BANKS IN THE UNITED STATES
CM-II-1.
- Total Claims by T y p e ................. ..................................................... ... 100
CM-II-2.
- Total Claims, by T y p e ..................................................................... ... 101
CM*II-3.
- Total Claims by C o u n t r y ............ ...................................................... ... 102
CM-II-4.
- Total Claims by Type and Country Reported by Banks in the U . S ........................... 103
CM-II-5.
- Banks*
CM-II-6.
- Banks*Own Claims by Type and Country Payable in D o l l a r s .................................. 105
CM-H-7*
Own Claims, by T y p e ................................................................ ... 104
- Xteaga&ifi.Customex^ ?, .Claims by Ty p g ,„ ■..9 «»»-gr«
,
>
m t »
»
106
SUPPLEMENTARY LIABILITIES A ND CLAIMS D ATA REPORTED BY BANKS - U.S.
CM-III-1.
- Dollar liabilities to, and Dollar Claims on, Foreigners in Countries and Areas Not
Regularly Reported Separately...................... ................................... ..
107
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CM-IV-1.
- Liabilities by T y p e ........................ ........................................... ....... 108
CM-IV-2.
- Short-Term Liabilities by C o u n t r y ....................................................... .... 109
C M -IV-3.
- Short-Term Liabilities, by Type and C o u n t r y ........................................ ....... n o
CM-IV-4.
- L o n g -Term Liabilities, by C o u n t r y ........................................................ ... Ill
CM-V-I.
- Claims by T y p e ..............................................................................
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CM-V-2.
- Short-Term Claims by C o u n t r y ..............................................................
CM-V-3.
- Short-Term Claims, by Type and C o u n t r y ................................................ .
CM-V-4.
- Short-Term Liquid Claims Reported by Large Nonbanking Concerns, by T y p e .............
CM-V-5.
- Short-Term Liquid Claims Reported by Large Nonbanking Concerns, by Co u n t r y .........
CM-V-6.
- Short-Term L iquid Claims Reported by Large Nonbanking Concerns, by Type and Country
116
CM-V-7.
- L o n g-Term Claims by C o u n t r y ...............................................................
117
11 s
115
TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS
CM-VI-1.
- Foreign Purchases and Sales of Long-Term Domestic S e curities..........................
CM-VI-2.
- Foreign Purchases and Sales of Long-Term Foreign Securities ................. .
CM-VI-3.
- N e t Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country....
120
CM-VI-4.
- Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country..
CM-VI-5.
- Ne t Foreign Transactions in Long-Term Domestic B o n d s ...................................
*21
CM-VI-6.
- Ne t Foreign Transactions in Domestic Stocks by C o u n t r y .......................... ......
*^2
CM-VI-7.
- N e t Foreign Transactions in Long-Term Foreign Bonds by C o u n t r y ........................
^3
CM-VI-8.
- N e t Foreign Transactions in Foreign Stocks by C o u n t r y ..................................
^4
CM-VI-9.
- Foreign Purchases and Sales of Long-Term Securities, Latest D a t e .....................
CM-VI-10.
- Foreign Purchases and Sales of Long-Term Securities, Latest Y e a r ................•••••
^6
Treasury Bulletin
IV
CONTENTS
FOREIGN CURRENCY POSITIONS
SUMMARY POSITIONS
FCP-I-1.
- Nonbanking Firms’ Positions....................................................
Page
128
FCP-I-2.
- Weekly Bank Positions........ .................................................
128
FCP-I-3.
- Monthly Bank Positions.........................................................
128
BELGIAN FRANC POSITIONS
FCP-II-1.
- Nonbanking Firms’ Positions....................................................
129
FCP-II-2.
- Weekly Bank Positions..........................................................
129
FCP-II-3.
- Consolidated Monthly Bank Positions............................................
130
FCP-III-1.
- Nonbanking Firms’ Positions....................................................
131
FCP-III-2.
- Weekly Bank Positions..........................................................
131
FCP-III-3.
- Consolidated Monthly Bank Positions............................................
132
CANADIAN DOLLAR POSITIONS
FRENCH FRANC POSITIONS
FCP-IV-1.
-Nonbanking Firms’ Positions.................................... ...............
133
FCP-IV-2.
- Weekly Bank Positions..........................................................
133
FCP-IV-3.
- Consolidated Monthly Bank Positions.......... .................................
134
GERMAN MARK POSITIONS
FCP-V-1.
- Nonbanking Firms’ Positions....................................................
135
FCP-V-2.
- Weekly Bank Positions................................................. .........
135
FCP-V-3.
- Consolidated Monthly Bank Positions............................................
136
FCP-VI-1.
- Nonbanking Firms’ Positions....................................................
137
FCP-YI-2.
- Weekly Bank Positions..........................................................
137
ITALIAN LIRA POSITIONS
JAPANESE YEN POSITIONS
FCP-VII-1.
- Nonbanking Firms’ Positions....................................................
I38
FCP-VII-2.
- Weekly Bank Positions..........................................................
138
FCP-VII-3.
- Consolidated Monthly Bank Positions............................................
^39
FCP-VIII-1.
- Nonbanking Firms’ Positions....................................................
140
FCP-VIII-2.
- Weekly Bank Positions..........................................................
140
FCP-VIII-3.
- Consolidated Monthly Bank Positions............................................
141
SWISS FRANC POSITIONS
STERLING POSITIONS
FCP-IX-1.
- Nonbanking Firms’ Positions....................................................
142
FCP-IX-2.
- Weekly Bank Positions..........................................................
142
FCP-IX-3.
- Consolidated Monthly Bank Positions................... ........................
143
UNITED STATES DOLLAR POSITIONS ABROAD
FCP-X-1.
- Nonbanking Firms' Foreign Subsidiaries* Positions...............................
144
FCP-X-2.
- Weekly Bank Foreign Office Positions............................... ............
144
FCP-X-3.
- Monthly Bank Foreign Office Positions..................................... .
145
V
February 1979
CONTENTS
FINANCIAL OPERATIONS OF GOVERNM ENT AGENCIES AND FUN DS
Page
GOVERNMENT CORPORATIONS AND OTHER BUSINESS-TYPE ACTIVITIES
FEDERAL CREDIT PROGRAMS
GA-II-1.
- Direct Sales and Repurchases of Loans............................. .......... .
GA-III-1.
- Civil Service Retirement and Disability Fund ...................................
148
GA-III-2.
- Federal Old-Age and Survivors Insurance Trust Fund..............................
149
GA-III-3.
- Federal Disability Insurance Trust Fund.........................................
150
GA-III-4.
- Federal Hospital Insurance Trust Fund............................................
152
TRUST FUNDS
GA-III-5.
- Federal Supplementary Medical Insurance Trust Fund...............................
153
GA-III-6.
- Railroad Retirement Accounts.....................................................
154
GA-III-7.
- Unemployment Trust Fund.................. ............... ..... .................
155
GA-III-8.
- National Service Life Insurance Fund.............................................
157
GA-III-9.
- Investments of Specified Trust Accounts in Public Debt Securities and Agency
Securities ...................................................................
158
Cumulative Table of Contents...................................................................
159
VI
Treasury Bulletin
Treasury Financing Operations
Auction of 2-Year Notes
On January 17 the Treasury announced that it would auc
tion $2,700
million of 2-year notes to refund approximately
the same amount of notes maturing January 31,1979.
offered were
Treasury
Tenders for the Notes were received until
EST, February 6,
The
notes
million was
Notes of Series P-1981, to be
dated
100.281,
accepted
at
yields ranging from
up to 9.027o, price 99.888.
for
on July 31 and January
yields of accepted tenders, 9.017o, price
coupon
in each
year until maturity.
A
rate of 9-3/47o was set after the determination as to
which tenders were accepted on a yield basis, the average of
which translated
1979 of the 8-3/4%
into
an average
accepted price close
to
Tenders
for the notes were received until 1:30
p.m.,
and totaled $4,044 million, of which $2,701
million was accepted at yields ranging from 9.8270, price 99.
876 up to 9.87%, price 99.787.
Noncompetitive tenders for $1
million or less from any one bidder were accepted in full at
the average yield of accepted tenders, 9.857o,
price 99.822.
These totaled $780 million.
99.944.
These to
an additional issue on February
bonds
of 2003-2008 dated November
1978, due November 15, 2008,
EST, January 23
8.957o, price
$1 million or less were accepted in full at the average
taled $366 million.
The bonds will be
100.000.
p.m.,
Noncompetitive tenders
January 31, 1979, due January 31, 1981, with interest payable
31
1:30
and totaled $5,210 million of which $2,250
with interest payable
15,
15,
semian
nually on May 15 and November 15 until maturity.
Tenders for the bonds were received until 1:30 p.m.,
EST, February 7,
and totaled $4,304 million of which $2,001
million was accepted at prices ranging from 97.40 , yield 9.007o,
down
to 96.90,
million
or less
yield 9.057<>.
Noncompetitive tenders for $1
were accepted in full at the average price
of accepted tenders, 97.05, yield
9.03%.
These totaled $62
million.
to the $2,701 million of tenders accepted
In addition to the amounts allotted to the public, $931
in the auction process, $151 million of tenders were accepted
million of the notes and $800 million of the bonds were allot
In
addition
Re
ted to Federal Reserve Banks and Government accounts for their
serve Banks for their own account in exchange for securities
own account in exchange for securities maturing February 15,
maturing January
1979.
at the average price from Government accounts and Federal
31, 1979, and $235 million of tenders were
Payment
accepted at
for accepted tenders
in both auctions was re
the average price from Federal Reserve Bai^ks as
quired
agents for foreign and international monetary authorities
to
be made
or completed on or before February
15,
for
1979, in cash, securities maturing on or before February 15,
new cash.
which were to be accepted at par, or other funds immediately
Tenders were received at Federal Reserve banks and
bran
available to the Treasury by that date.
ches and at the Bureau of the Public Debt, Washington, D. C.
Tenders were received in both auctions at February Reserve
Bearer
notes, with interest coupons attached, and notes re
banks and branches and at the Bureau of the Public Debt, Wash
gistered as to
issued
in
principal and interest were authorized to be
denominations of $5,000, $10,000,
$100,000
and
ington, D. C.
$1 , 000 , 000.
interest
notes and bonds with interest coupons
On January 31 the Treasury announced that it would sell
the public at
were authorized
to be issued in
denominations of
$1,000, $5,000, $10,000, $100,000 and $1,000,000.
52-Week Bills
February Refunding
to
Bearer
attached, and notes and bonds registered as to principal and
auction, under competitive and noncompet
On
$3,250
January 25
million
tenders were invited for
itive bidding, up to $2,250 million of Treasury Notes of Se
ruary 6, 1979, and to mature February 5, 1980.
ries B-1987 and $2,000
opened on January 31.
million
of 8-3/47» Treasury Bonds of
2003-2008 to refund $2,961 million of publicly held Treasury
$3,251
securities
competitive
maturing
February 15, and to raise about $1,300
million new cash.
A
coupon rate of 970 was set on the notes after the de
termination as to
basis,
bills
the
which
tenders
were
accepted on a yield
average of which translated into an average ac
cepted price close to 100.000.
The notes will be dated Feb
for
approximately
of 364-day Treasury bills to be dated
Feb
Tenders were
They totaled $4,701 million, of which
million was accepted, including $157 million of non
tenders from the public and $959 million of the
issued at
themselves
the average price to Federal Reserve Banks
and as agents of foreign and international
monetary authorities.
An additional $285 million of the bills
were issued to Federal Reserve Banks as agents of foreign
international monetary authorities for new cash.
ruary 15, 1979, due February 15, 1987f with interest payable
age bank discount rate
semiannually on August 15 and February 15 until maturity.
$3,253 million of bills maturing February 6.
was 9.348%.
The
and
aver
The issue was to refund
VII
February 1979
Treasury Financing Operations—Continued
13-Week Bills and 26-week Bills
Issues of
Nonmarketable Foreign Series Securities - Foreign Governments
regular weekly Treasury bills in January to
taled $22,900 million.
These issues were offered
for
cash
and in exchange for bills maturing in the same amount.
There
were four 13-week issues of $2,800 million, three 26-week is
Dollar denominated
foreign series securities issued to
official institutions in January totaled $1,278 million, con
sisting of 20 certificates.
Redemptions for the month total
sues of $2,900 million, and one 26-week issue of $3,000 mil
ed $1,748 million. At the end of January, dollar denominated
foreign series securities outstanding totaled $26,928 million.
lion.
(Details are shown on page 62.)
Average rates for the new issues are shown in the fol
lowing table.
There were no issues of foreign currency denominated se
curities
Annual average rate
(bank discount basis)
Date of issue
to official institutions
in January.
Redemptions
for
the month totaled an equivalent of $69 million.
end
of January outstanding foreign currency denominated se
At the
curities issued to foreign governments totaled an equivalent
13-week
1979
January
4
IX
18
25
of
26-week
9.388
9.317
9.411
9.289
$531 million and were all denominated in Swiss
francs.
(Details are shown on page 64 .)
Nonmarketable Foreign Series Securities - Public Offerings
9.550
9.443
9.534
9.474
On
December 5 the Treasury announced that it would of
fer two issues of Deutsche mark (DM) denominated notes in the
amount of approximately 2.5 to 3.0 billion DM for sale by sub
Treasury Bills (Other than Short-dated bills) - General
scription exclusively to residents of the Federal Republic of
Treasury bills are sold on
petitive
a discount basis under
and noncompetitive bidding, and at maturity
par amount is payable without interest.
entirely
and
com
their
All series are issued
in book-entry form in a minimun
amount of
$10,000
in any higher $5,000 multiple, on the records either
the Federal Reserve banks and branches, or of the
of
Department
of the Treasury.
Tenders are received at Federal Reserve banks and
bran
ches
Debt,
Each
tender must
be for a minimum of
were
with
December 15, 1981, and the
the 5.957o note
$10,000.
Tenders over
$10,000 must
be in multiples of $5,000.
ment for the
full par amount applied for must accompany
due
note due December 14, 1982.
On December 13 the Treasury
tpade
on December 15, 1978,
accepted DM 1,774
in subscriptions for its 5.95% three-year notes.
scriptions
and from individuals at the Bureau of the Public
Washington.
Germany.
Both issues of notes
In
received for
million
Total sub
this issue were DM 5,564
million.
the case of the 6.207o four-year notes, the Treasury
cepted DM 1,265 million in subscriptions.
6.20%
ac
Total subscriptions
received for this issue were DM 3,124 million.
Pay
The dollar equivalents of the two issues were $931 mil-
Renders
all
submitted for bills to be maintained on the book-en
try records of the Department of the Treasury.
lionforthe 5.957,, notes and $664'million for the 6.207o notes.
The acceptance to subscription ratio was 31 percent for
A cash
adjust
the
ment will be madt_ for the difference: be tween uhe oar
payment
rity.
submitted and the actual issue price as determined in the
tion.
No
deposit
need accompany tenders from
auc
incorporated
banks and trust companies and from responsible and recognized
dealers
in investment securities for bills to be
maintained
on the book-entry records of Federal Reserve banks and
ches.
A deposit of 2 percent of the par
bran
amount of the bills
on
three-year notes and 40 percent for the four-year matu
In
each of the two
a pro rata
maturities, allotments were made
basis, except that individual
subscriptions
were rounded up to the nearest DM 500,000.
On January 11, 1979 the Treasury announced that it would
offer Swiss franc
mately
to residents of
applied for must accompany tenders for such bills fr$m others,
(SF) denominated notes totaling
2.0 billion
approxi
SF for sale by subscription exclusively
Switzerland,
Both issues of notes were made on January 26, 1979, with
unless an express guaranty of payment by an incorporated bank
the 2.35%note due July 26,1981, and the 2.65% note due
or trust company accompanies the tenders.
Noncompetitive tenders (without stated price),
uary 26, 1983.
On January 18 the Treasury accepted SF 1,247 million in
usually
subscription for its 2.35% 2-1/2 year notes.
for $500,000 or less from any one bidder, for each issue
of
Jan
Total subscrip
13-week, 26~week, and 52-week bills, are accepted in full at the
tions received for this issue were SF 3,663 million. In the
case of the 2*657o 4-year note, the Treasury accepted SF 768
weighted average price of accepted competitive bids for an issue.
Payment for accepted tenders must be made or completed
million in subscriptions. Total subscriptions received for
this issue were SF 1,525 million- Tne dollar equivalents of
on the date of issue, in cash or other immediately available
the two issues were $744 million for the 2.357o notes and $459
million for the 2.657„ notes. The acceptance to subscription
funds or in a like par amount
of Treasury securities matur
ing on or
Payment for 13-week, 26-week,
52-week
before
bills may not be made by credit in Treasury tax and
loan accounts.
Note:
that date.
ratio was 33 percent for the 2-1/2 year notes and 50 percent
for the 4-year maturity. In each of the two maturities, al
locations were made at a pro rata basis, except that individ
ual subscriptions were rounded up to the nearest SF 500,000.
Details of figures may not add to totals because of rounding.
1
February 1979
_____FEDERAL FISCAL OPERATIONS
Table FFO-1. - Summary of Fiscal Operations
(In millions of dollars)
Means of financing— net transactions
J Budget receipts and outlays
Sorrowing from the public--Federal •secttrities'
Fiscal year
or month*
let
Jet
receipts 2 / mtlays 2/
(2)
(1)
1970...........
1971...........
1972...........
1973...........
1974...........
1975...........
1976...........
1977...........
1978...........
1979 (Est).....
1980 (Est).....
1977-Dec.......
1978-Jan.......
Feb.......
Mar.......
June......
July......
Sept......
Oct.......
Dec.......
Fiscal 1979
to date.*......
196,588
193,743
188,392
211,425
232,021
208,649
232,225
247,074
269,620
264,932
326,092
280,997
365,648
299,197
94,657
81,687
357,762
402,802.
401.997 v 450,758
493,368
455,989
531,566
502,553
37,648
32,796
Surplus
or
defict(-)
1-2
Public
debt
securi
ties i j
Agency
securi
ties
Invest
ments of
Govern
ment ac
counts 5/
(6) “
Total
4+5-6
Cash and monetary assets (Deduct)
ffithin gereral U.S.
account of the Treasury
J.S. Treasury operating
cash
v u
(3)
(4)
(5)
(7)
(8)
-2,845
-23,033
-23,372
-14,849
-4,689
-45,095
-66,451
-12,970
-45,040
-48,761
-1,739
-347
-1,269
216
903
-1,069
10
724
-1,380
-1,417
-1,541
-467
10,062
7,417
8,420
11,822
14,813
7,031
4,341
-3,514
9,243
12,181
18,762
20,770
5,397
19,448
19,442
19,275
3,009
50,853
82,913
18,507
53,516
59,106
40,000
39,000
1,746
826
1,668
2,068
-3,380
-37,379
-29,013
17,198
27,211
29,131
30,881
16,918
58,953
87,244
14,269
64,139
72,705
60,302
60,236
-4,852
10,971
-39
961
9,971
-
Special
drawing
rights
(10)
(9)
_
33,201
26,795
24,879
42,343
34,961
47,657
29,194
35,040
42,591
28,745
33,527
37,477
36,918
33,787
40,004
35,724
36,670
38,602
36,426
39,572
38,935
42,691
39,134
41,392
-3,717
-6,992
-15,125
6,618
-1,709
9,055
-7,232
-4,532
3,655
-13,946
-5,907
-3,915
2,652
8,157
8,198
-1,362
5,009
7,426
1,453
13,969
7,099
4,849
6,632
6,181
5
-328
-5
-51
-28
-34
-54
-832
-13
-7
-336
-50
-3,370
2,721
-1,462
849
5,536
1,991
-1,796
4,098
4,265
-1,642
1,060
2,599
6,027
5,108
9,656
-2,263
-555
5,401
3,195
9,039
2,821
6,484
5,236
3,533
99,450
123,217
-23,767
17,662
-393
2,016
15,253
-
(12)
352
n«a.»
-75
iu a.
802
—908
-988
50
525
1,121
1,024
764
132
-594
-594
n.a.
6,803
81
-1,591
-3
207
-5,089
-984
2,874
-5,554
13,800
-5,464
1,016
9,365
-6,899
-2,691
3,438
-49
42
22
-24
91
45
56
-25
57
155
-1,575
36
70
-135
241
794
-900
337
-342
-101
352
-577
3,803
-1,478
2
12
-272
-298
-39
-90
-74
66
-43
238
-3,022
327
-6,152
-1,383
1,748
3,340
n»a,.
_
-
(11)
-1,536
-208
1,079
-1,264
91
647
-172
-385
684
-75
-1,570
7,246
2,579
1,690
3,340
"
Gold
tranche
drawing
rights 2/
557
290
711
-8
245
123
-302
-59
-267
352
-
-
Other
-2,457
Selected balances, end of period
Means of financing— net transactions— Con.
Federal securities
Fiscal year
or month
Other 10/
Transactions
not applied to
year's surplus
or deficit 11/
Total budget
financing
7-8-9-10
-11-12+13+14
General acc
ount of the
U.S. Treasury
6/2/
U.S.
Treasury
operating
cash
(16)
(17)
(13)
(14)
(15)
1980 (Est).....
1977-Dec.......
-1.462
886
l,429r
-961
482
1,442
340
451
-7,406
-6,710
-2,439
-8,242
-9,568
-11,083
-10,872
-1,258
2,845
23,033
23,372
14,849
4,689
45,095
66,451
12,970
45,040
48,7M
37,379
29,013
4,852
9,291
10,117
11,785
13,854
10,473
1977...........
1978...........
-22
3,103
4,958
-3,921
-1,290
1,968
-1,956
-199
2,004
2,246
-1,146
-1,234
-1,100
-569
-1,030
-561
-674
-1,516
-717
-550
1,341
-633
3,717
6,992
15,125
-6,618
1,708
-9,055
7,232
4,532
-3,655
13,946
5,907
3,915
158
23,767
1970...........
1971...........
1972...........
1973...........
1974...........
1975...........
1976...........
1978-Jan.......
Feb.......
June......
July......
Oct.......
Dec.......
Fiscal 1979
-935
-2,053
5,576
-441
-3,110
196
-1,112
-2,035
3,972
930
-4,156
3,338
Footnotes on following page.
(18)
Agency
securities
121
(19)
Investments
of Govern
ment accounts
Held by the
public
18+19-20
(20)
(21)
_
-
7,589
14,835
17,414
19,104
22,444
_
-
370,094
397,305
426,435
457,317
474,235
533,188
620,432
634,701
698,840
771,544
831,847
892,083
12,510
12,163
10,894
11,109
12,012
10,943
10,953
11,678
10,298
8,881
7,340
6,873
97,723
105,140
113,559
125,381
140,194
147,225
151,566
148,052
157,295
169,477
188,238
209,008
284,880
304,328
323,770
343,045
346,053
396,906
479,819
498,327
551,843
610,948
650,948
689,948
-
12,274
718,943
10,221
156,645
572,519
_
-
12,481
7,391
6,407
9,281
3,726
17,526
12,062
13,078
22,444
15,545
12,854
S16,291
721,595
729,753
737,951
736,589
741,598
749,024
750,477
764,446
771,544
776,394
783,026
789,207
10,226
9,898
9,893
9,842
9,814
9,780
9,726
8,894
8,881
8,873
8,537
8,487
153,275
155,996
154,534
155,383
160,919
162,910
161,114
165,212
169,477
167,834
168,894
171,492
578/546
583,654
593,310
591,048
590,493
595,894
599,089
608,128
610,948
617,433
622,669
626,202
16,291
789,207
8,48/
lT’1,492
626,202
-
-
-
“
-
.
112
Public
debt
securities
£/
-
-
Treasury Bulletin
2
.FEDERAL FISCAL OPERATIONS*
Footnotes to Table FFO-1.
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
Note:
Budget estimates are based on the 1980 Budget of the U.S. Govern
ment, released January 22, 1979.
If
2/
J3/
4/
5f
6/
7/
Budget receipts and outlays are revised to reflect Earned Income
Credit payments in excess of an individual's tax liability, formerly
treated as outlays, and now classified as income tax refunds.
For detail see Table FF0-2.
For detail see Table FF0-3.
As of July 31, 1974, public debt outstanding has been adjusted to
exclude the notes of the International Monetary Fund to conform with
the budget presentation.
For detail see Table FFO-6.
Current fiscal year to date transactions through June 30, 1974, are
on the Daily Statement of the U.S. Treasury clearance date basis and
are converted to accounting date basis at June 30 (final) only.
Prior fiscal year amounts include transactions m transit as of June
30. For amounts in transit see Table FF0-10 in the October 1974
Bulletin.
As of July 1974. balances shown under "Within general accounts of the
8f
9/
10/
11/
12/
r
U.S. Treasury" are now presented in columns 9, and 13.
Represents holdings of special drawing rights, less certificates issued
to Federal Reserve banks.
Represents activity of the International Monetary Fund.
Includes: public debt accrued interest payable to the public, deposit
funds, miscellaneous asset and liability accounts, and as of July 1974,
the gold balance.
Includes: Seigniorage; increment of gold; fiscal 1969 conversions of
certain corporations to private ownership; fiscal 1970 reclassification
of Commodity Credit Corporation certificates of interest; fiscal 1974
conversion of interest receipts of Government accounts to an accrual
basis; and net outlays of off-budget Federal agencies. Also includes
rural electrification and telephone revolving fund since May 12, 1973,
Postal Service fund since July 1973, Federal Financing Bank since
July 1974, housing for the elderly or handicapped fund from August
22, 1974, -through September 30, 1977, and Pension Benefit Guaranty
Corporation since September 17, 1974.
For detail see Table FD-6.
Revised.
n.a. Not available.
3
February 1979
__ FEDERAL FISCAL OPERATIONS*.
Table FFO-2. - Budget Receipts by Source
(In millions of dollars)
Income taxes
Fiscal year
or month
1979 (Est.).............
1980 (Est.).............
Feb............... *
July..............
Fiscal 1979
to date..............
Net
budget
receipts 1/ Withheld 2/ Other
Employment taxes and contribution
Net
income
taxes
Refunds 1/
Net
Gross
Refunds
Net
Gross
Refunds
35,037
30,320
34,926
39,045
41,744
45,747
46,783
9,809
’60,057
65,380
2,208
3,535
2,760
2,893
3,125
5,125
5,374
1,348
5,164
5,428
32,829
26,785
32,166
36,153
38,620
40,621
41,409
8,460
54,892
59,952
123,241
113,015
126,903
139,398
157,571
163,007
172,204
47,175
212,518
240,940
38,600
41,237
45,559
54,166
65,016
74,075
78,792
21,475
90,701
102,589
386
518
447
479
535
360
408
400
518
38,214
40,719
45,111
53,687
64,481
73,715
78,384
21,475
90,301
102,071
75,891
76,913
9,549
5)584
5,926
337
70,307
70,987
9,212
118,330
137,131
5,875
7,141
10,451
7,773
9,967
11,292
8,668
660
519
117,670
136.612
5,875
-
7,141
10,451
7,773
9,967
10,774
8,668
193,743
188,392
208,649
232,225
264,932
280,997
299,197
81,687
357,762
401,997
77,416
76,490
83,200
98,093
112,092
122,071
123,441
32,950
144,857
165,254
26,236
24,262
25,679
27,019
30,812
34,328
35,528
6,809
42,062
47,804
13,240
14,522
14,143
21,866
23,952
34,013
28,175
1,044
29,293
32,070
90,412
86,230
94,737
103,246
118,952
122,386
130,795
38,715
157,626
180,988
455,989
502,553
185,482
202,716
13,351
52,996
65,581
770
203,602
227,322
13,943r
13,111
12,817
14,478
13,095
14,808
14,490
7,154
905
2,537
13,621
6,756
6,631
34,876
40,974
178r
48
3; 102
11,756
7,883
7,272
820
29,194
35,040
42,591
28,745
33,227
37,477
14,182
14,369
14,843
15,032
16,268
15,454
1,090
868
6,354
1,104
533
830
99,450
46,754
2,468
32,796r
33,201
26,795
24,879
42,343
34,961
4?,657
Social insurance
taxes and contributions
Corporation
Individual
Old-age, disability, and
hospital insurance
20,217
10,620
5,258
18,833
14,293
20,301
2,273
1,521
8,682 '
9,342
1,624
15,054
282
508
659
492
441
399
1,991
1,013
8,023
8,850
1,183
14,655
273,909
298,309
23,155i
22,208
11,633
13,282
27,683
15,475
34,956
682
454
314
214
192
219
14,590
14,784
20,883
15,922
16,609
16,066
2,127
1,509
10,153
2,436
1,541
10,769
342
388
400
752
493
382
1,785
1,122
9,753
1,684
1,048
10,386
16,375
15,906
30,636
17,606
17,657
26,452
7,923
f£,880
7,685
6,544
9,443
6,880
518
-
625
48,596
14,745
1,627
13,118
61,715
22,866
“
Net
7^923
11,880
7,685
6,544
9,443
6,880
22,866
Social insurance taxes and contributions - Continued
Employment taxes and contributions - Con.
Fiscal year
or month
Railroad retirement accounts
Net
employment
taxes and
contributions
197 0
197 1
197 2
197 3
197 4
197 5
197 6
T.Q......
197 7
197 8
920
981
1,009
1,190
1,412
1,490
1,525
328
1,909
1,823
919
980
1,008
1,189
1,411
1,489
1,525
328
1,908
1,822
39,133
41,699
46,120
54,876
65,892
75,204
79,909
21,803
92,210
103,893
1979 (Est.)
1980 (Est.)
2,079
2,539
2,079
2,539
119,749
139,151
16
294
166
16
294
166
1977-Dec...
1978-Jan...
Feb...
Mar...
Apr...
May...
June..
-20
July..
Aug...
Sept..
Oct...
Nov...
Dec...
37
311
169
51
319
179
Fiscal 1979
to date...
Footnotes at end of table.
20
20
310
310
-20
37
311
169
51
31-9
Unemployment insurance
3,471
3,682
4,370
6,070
6,863
6,804
8,085
2,704
11,347
13,892
15,928
15,916
6
8
13
19
26
33
32
6
36
42
58,
61
404
1,192
146
1,404
4,507
176
7,960
12,191
7,854
6,595
9,762
7,059
1,098
2,915
164
723
1,664
176
23,416
2,563
Net
Federal
unemployment
supple
insurance
mentary
medical
insurance
3,464
936
3,674
1,2531,340
4,357
1,427
6,051
6,837
1,704
1,901
6,771
8,054
1,937
2,698
539
11,312
2,193
13,850
2,431
2,650
15,870 *
2,909
15,855
123
125
6,037r
7,157
10,745
7,938
9,987
11,084
8,648
1
1
2
11
8
7
4
3
2
2
2
1
Net contributions for other
insurance and retirement
1,735
1,916
2,058
2,146
2,302
2,513
2,760
706
2,915
3,174
3,454
3,472
29
37
39
41
45
52
54
13
59
62
66.
66
2,701
3,207
3,437
3,614
4,051
4,466
4,752
1,258
5,167
5,668
6,170
6,447
194r
201
241
273
275
247
307
264
437
490
478
448
508
470
212
220
247
259
464
484
ua
m
212
282
269
403
1,192
144
1,393
4,499
169
191
213
196
195
198
1,094
2,912
162
722
1,662
174
2,558
Federal
Other
employees
retirement
retirement
209
499
483
1,470
4
Treasury Bulletin
________ FEDERAL FISCAL OPERATIONS
Table FFO-2. - Budget Receipts by Source—Continued
(lit m illion s, of,,.follars)
Social insurance
taxes and
contributionsContinued
Excise taxes
Miscellaneous
Net
social
insurance
taxes and
contri
butions
Fiscal year
or month
T.Q......................
1979 (Est.).... :.........
1980 (Est.)..............
1977-Dec..................
1978-Jan..................
Feb..................
Mar..................
Fiscal 1979
to date.................
Refunds
Gross
45,298
48,578
53,914
64,542
76,78086,4a
92,714
25,759
108,688r
123,410
141,789
978-Jan............
Feb..............
Mar..............
Dec...........
Fiscal 1979
to date.............
5,354
5,542
5,322
5,665
6,260
6,188
5,413
1,676
6,709
6,904
1,438
1,619
108
2
2
1
1,436
1,617
108
7,451
7,602
591
134
136
-
7,317
7,466
591
816
697
742
754
976
912
97
116
103
101
122
117
1
*
*
*
*
97
115
103
101
122
117
579
470
561
602
560
615
23
11
93
2
11
967
785
898
882
868
861
116
121
126
123
141
125
*
116
121
126
123
140
-
125
606
667
596
611
686
591
-1
-
606
667
596
611
688
591
*
388
1,889
-1
1,890
829
705
756
763
990
923
13
7
15
9
15
11
9,518
15,587
8,515
7,805
11,923
7,716
981
801
909
896
882
872
14
16
11
14
15
10
2,611
388
Estate and gift taxes
*
-
_
-
_
-
-
-
-
-
-
-
-
-
-
-
-
92
-
92
236
249
_
-
236
249
_
_
_
_
_
_
_
_
Gross
Refunds
Net
15,705
16,614
15,477
16,260
16,844
16,551
16,963
4,473
17,548
18,376
3,680
3,784
5,490
4,976
5,101
4,688
5,307
1,485
7,425
5,381
36
49
54
59
66
77
91
31
98
96
3,644
3,735
5,436
4,917
5,035
4,611
5,216
1,455
7,327
5,285
64
66
107
120
110
106
134
31
137
156
18,395
-18,455
5,786
6,111
100
100
5.,686
6,011
2,494
2,657
3,394
3,308
3,444
3,782
4,209
1,243
5,287
6,729
7,695
8,642
2,430
2,591
3,287
3,188
3,334
3,676
4,074
1,212
5,150
6,573
7,517
8,447
3,266
3,533
3,252
3,495
4,845
5,777
5,451
1,500
5,908
6,641
7,600
8,600
482
516
16
501
447
434
462
296
512
436
506
454
616
557
601
667
608
696
623
633
657
613
494
441
603
545
584
653
596
681
610
621
646
594
493
510
555
514
531
561
617
407
515
445
477
460
386
12
13
13
12
17
14
12
15
13
12
11
19
1,323
1,903
41
1,861
5
14
19
1,707
1,591
1,637
1,*35
1,712
1,597
415
524
452
487
469
395
9
6
7
9
11
10
3
7
9
7
10
9
9
4,944
1,351
28
-
18
18
18
19
17
20
55
-
55
Deposits of
earnings by
Federal
Reserve
banks
Net
453
441
471
306
522
439
_
_
_
Refunds
492
18
18
18
19
17
20
1
-
Net miscellaneous receipts
Customs duties
Source:
Monthly Treasury Statement of Receipts and Outlays of the
United States Goverment.
Note: Budget estimates are based on the 1980 Budget of the U.S.
^Government, released January 22, 1979.
1/ Budget receipts are revised to reflect Earned Income Credit payments
in excess of an individual's tax liability, formerly treated as out
lays, and now classified as income tax refunds.
2/ Includes individual income taxes designated for the Presidential
election campaign fund. Prior to February 1974, these taxes were
178
195
579
447
550
509
558
604
_
Gross
1,492
1^259
1,395
1,368
1,670
1,651
_
_
eicise
taxes
H 1
-
5
14
19
July.............
32
123
313
153
123
146
152
1
135
137
7,998
12,427
8,560
11,828
16,092
9,287
Net
Net
5,386
5,664
5,635
5,818
6,384
6,334
5,565
1,677
6,844
7,042
153
.152
14
Refunds
Refunds
_
563
649
758
840
962
938
277
1,191
1,326
V
\j»>
977-Dec............
Gross
2
1
2
2
1
2
1
2
2
161,453
6,647
40
_
Net
564
650
760
842
964
940
277
1,193
1,328
10,352
10,510
9,506
9,836
9,743
9,400
10,612
2,520
9,648
10,054
9,406
9,123
763
2,650
_
Refunds
Highway trust fund
Black lung disability
trust fund
-
1979 (Est.).... ......
1980 (Est.)..........
Gross
167
133
1,056
158
141
150
141
44
148
149
27,445
Gross
1970................
1971................
Net
10,519
10,643
10,562
9,995
9,884
9,550
10,753
2,564
9,796
10,203
9,559
9,275
777
Excise taxes - Continued
Fiscal year
or month
Airport and airway trust fund
524
665
673
548
734
674
1,956
All
other
Total
158
3,424
325
3,858
380
3,633
426
3,921
523
5,369
935 i/ 6,711
2,576 4 / 8,028
112
1,613
623r
6,531
772
7,413
8,693
1,093
9,878
1,278
56
549
53
47
63
91
67
58
563
602
577
622
629
674
590
760
747
602
829
732
2,163
66
96
74
53
96
58
207
included in "Other"’,
Includes $442,615 thousand in fees for licenses to import petroleum
and petroleum products.
4/ Includes $1,670 million in fees for licenses to import petroleum and
petroleum products.
5/ The Black Lung Disability Trust Fund was formally created on April
1, 1978 pursuant to the "Black Lung Benefits Revenue Act of 1977"
(Public Law 95-227).
*
Less than $500,000.
r Revised.
3/
BUDGET RECEIPTS BY SOURCE
Fiscal Years 1970 - 1979
&
VO
vo
H
d
H
»
>
HH
05
o
>
t-1
o
H
»
g
o
a
C/5
20 - Excise Taxes -
i!
0
20
Other U
H I
70
71
Y///A
72
W/A .MY/, .
73
Source: Monthly Treasury Statement of Receipts and Outlays of the U.S. Government. For actual amounts see preceding Table FFO-2.
Includes estate and gift taxes, customs duties, and miscellaneous receipts.
y
i z m
74
75
76
HP
K/////L. ,
T.Q.
77
m
iH
H i 5535
78
79
6
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS,
Table FFO-3. - Budget Outlays by Agency
Executive.
Funds ap
Office
propriated
of the
to the
President
President
(In millions of dollars)
Defense Department
Agricul Commerce
ture De Depart
Military
Civil
partment ment
Fiscal year
or month
Legis
lative
branch
The
judi
ciary
1970............
1971............
1972............
1973............
1974............
1975............
1976............
340
384
487
540
625
726
779
225
976
1,049
1,209
1,305
128
142
173
183
205
284
325
85
392
435
526
619
36
47
55
49
75
93
79
16
73
75
88
89
4,774
4,540
4,269
3,733
4,015
3,572
3,525
1,221
2,487
4,475
5,090
5,133
8,307
8,560
10,943
10,028
9,767
9,725
12,796
3,850
16,738
20,368
20,205
18,404
1977...... ......
1978............
1979 (Est.)... .
1980 (Est.)......
1978-Jan......
Feb..........
Apr..........
May..........
June.........
July.........
Aug..........
Sept.........
Oct..........
Nov..........
1,028
1,188
1,250
1,368
1,455
1,583
2,020
534
2,607
5,252
4,331
3,261
77,150
74,546
75,150
73,297
77,625
85,420
88,036
21,926
95,650
103,124
111,-900
122,700
1,211
1,376
1,530
1,703
1,682
2,051
2,124
583
2,280
2,553
2,644
2,724
Housing &
Health,
Energy
Education, Urban De
Department & Welfare velopment
1/ 2/
Department Department
2,610
2,439
2,545
2,558
2,493
3,524
3,"888
1,000
5,252
6,430
8,946
8,893
52,338
61,866
71,779
82,042
93,735
112,411
128,785
34,341
147,455
162,809
180,714
199,428
Interior Justice
llepartDepart
ment
ment
2 / 3/
2,603
2,890
3,642
3,592
4,786
7,475
7,079
1,394
5,838
7,761
8,962
10,634
1,136
225
1,256
-2,236
-4,881
2,162
2,293
788
3,152
3,678
4,015
3,764
640
916
1,180
1,531
1,797
2,067
2,242
551
2,350
2,397
2,586
2,505
69
28
4
354
3,018
341
8,206
226
499
13,179
767
281
193
87
80
89
80
114
78
29
51
27
37
46
29
7
6
4
7
8
12
-9
82
537
789
-7
1,046
2,689
939
1,879
781
1,229
819
380
358
453
445
512
604
8,123
8,226
9,168i
8,315
8,870
8,854
159
144
169
166
201
178
415
513
386
439
619
507
13,125
13,378
14,387
12,756
13,826
14,142
661
430
465
526
558
940
258
233
208
222
378
286
195
189
191
213
230
202
94
94
86
104
78
86
32
51
57
1
49
30
2
5
6
6
6
4
103
809
125
273
-168
273
1,336
1,200
1,865
1,696
2,654
2,859
502
544
507
488
476
418
8,285
9,552
8,811
9,164
9,224
9,383
250
262
343
223
289
245
545
740
892
536
638
677
13,122
14,417
14,402
14,103
14,512
15,017
858
7*42
543
772
502
844
202
248
670
197
310
266
194
190
186
210
255
176
268
80
16
378
7,209
1,382
27,771
756
1,851
43,632
2,118
774
641
Fiscal 1979
Fiscal year
or month
197 0
197 1
197 2
197 3
197 4
197 5
197 6
T.Q.........
197 7
197 8
1979 (Est.)..
1980 (Est.)...
Labor
Depart
ment
Treasury
Transpor Department
State
Depart tation
Interesli
Depart
ment
on the
Other
ment
public
2/ 6/
debt 4/
448
4,356
468
7,923 .
568
10,033
8,639
591
730
8,966
17,649
844
25,742
1,061
5,905
316
22,374
1,076
22,902
1,252
1,399
22,854
1,677
24,484
Environ
mental
Protection
Agency
_
General
Services
Adminis
tration
National
Aero
nautics
and
Space
Admin.
Veterans
Adminis
tration
8,653
9,756
10,710
11,968
13,337
16,575
18,415
3,957
18,019
18,962
20,315
20*450
Other
independ
ent
agencies
2/
7,089
8,745
9,878
11,832
13,988
18,433
19,003
5,851
19,884
25,079
26,675
29,359
Jndistributed Offsetting
Receipts 3/ 5/
Rents and
Royalties
'on the Outer
Continental
Shelf lands
_
-
6,417
7,247
7,531
8,183
8,112
9,247
11,936
3,003
12,514
13,452
15,363
15,793
19,304
20,959
21,849
24,167
29,319
32,665
37,063
8,102
41,900
48,695
59,800
65,700
206
31
275
,6,792
6,674
8,512
6,464
1,512
8,561
7,614
5,662
4,190
701
763
1,114
2,032
2,530
3,1181,108
4,365
4,071
4,194
4,753
446
501
589
468
-276
-624
-92
3
-31
117
158
131
3,749
3,381
3,422
3,311
3,252
3,267
3,670
953
3,944
3,980
4,401
4,593
-450
314
105
320
2,604
1,776
-98
•
,
‘
j
1
i
;
i
'
!
-2,428
-2,662
-1,311
-2,374
-2,259
-3,500
=2,600
Total 6/
Other
-6,380
-7*376
-7,858
-8,379
! -9,893
-11,670
I -12,042
-1,255
-12,679
J -13,514
-15,170
-16,422
196,588
! 211,425
; 232,021
247,074
269,620
. 326,092
365,648
94,657
402,802
450,758
493,368
531,566
37,646
1977- Dec...
1,845
113
1978-Ja n
Feb....
Mar....
Apr....
May....
June...
2,038
2,063
2,347
1,882
2,060
1,888
94
136
102
159
76
100
1,123
1,145
797
982
1,027
1,080
1,201
6,794
3,282
3,450
3,403
3,493
3,670
7,166
1,800
151
-17
2,154
-13
-329
343
261
341
286
344
353
-226
86
81
-188
110
104
315
342
370
316
361
320
684
1,514
2,676
556
1,751
2,432
1,797
1,035
2,336
1,966
1,931
1,894
-61
-90
-138
-242
-717
-138
-3,965
-414
-587
-443
-460
-567
-4,088
36,917
33,787
40,004
35,724
36,670
38,602
1,765
2,188
1,728
1,311
1,465
1,637
129
86
74
153
136
30
1,166
1,131
1,332
1,649
1,293
1,192
3,538
3,868
3,628
3,822
4,146
8,138
1,642
-141
-43
1,892
-156
-659
326
396
431
392
342
367
-111
92
92
-161
75
116
324
320
344
300
350
333
608
1,528
1,440
1,645
1,665
2,648
1,916
1,977
2,507
4,313
1,706
2,180
-39
-96
-97
-95
-117
-143
-363
-632
-992
-302
-595
-4,727
36,426
39,572
38,935
42,691
39,134
41,392
4,413
319
4,133
16,105
1,079
1,100
30
984
5,958
8,199
-355
-5,624
123,217
July...
Aug....
Sept...
Oct....
Nov....
Dec... .
Fiscal 1979
to date..
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based on the
1980 Budget of the U.S. Government, released January 22, 1979.
Note: Outlays consist of disbursements less proprietary receipts from
the public amd certain intrabudgetary transactions. Agency shifts are
shown in this table beginning with the period of such shifts; figures
prior to the shifts have been adjusted.
The Export-Import Bank was moved within the Budget effective
Octobei? l t’ 1976 pursuant to Public Law 93-646. Adjustments are made
ta include totals for the period it was outside the Budget (August 17,
1971 through September 30, 1976). Also, adjustments are made to
reflect certain Export-Import Bank borrowing transactions now classi
fied as agency debt. These transactions were previously reported as
off-budget negative outlays.
1 / Pursuant to Public Law 95-91, as of October 1, 1977, all functions of
the Energy Research and Development Administration, Federal Energy
Administration, and Federal Power Commission, and certain fuctions
of Interior (Bonneville Power Administration and other Power adminis
trations), certain other departments, and the Interstate Commerce
Commission were transferred to the Energy Department.
2 / Cumulative year to date figures may not add due to budget realignment*.
3/ Prior to January 1975, Rents and royalties on the Outer Continental
Shelf lands were shown as proprietary receipts from the public for the
Interior Department. To conform with die FY 1976 Budget Document's
presentation, these amounts were reclassified and are now being shown
as undistributed offsetting receipts.
4/ Reported an an annual basis.
5 / For content see Table FFO-4.
6/ Budget Outlays are revised to reflect Earned Income Credit payments in
excess of an individual's tax liability, formerly treated as outlays
and classified as income tax refunds.
r* Revised.
February 1979
7
FEDERAL FISCAL OPERATIONS
Table FFO-4. - Undistributed Offsetting Receipts
(In millions of dollars)
Federal employer contributions to retirement funds
Health, Education,
Fiscal year
or month
Civil Service
Commission
Other
1/
Federal Old-Age,
Civil Service
Disability, and
Retirement and
Hospital Insurance Disability Fund
1,709
1,876
2,018
2,101
1,756
1,918
2,080
592
2,192
2,427
8
8
9
10
652
980
1,024
99
1,204
1,170
1,339
1,428
97
2,632
2,645
219
1,417
1.408
65
2,444
2,611
2,768
2,927
3,319
3,980
4,242
985
4,548
4,863
5,388
5,482
380
1978-Jan............
Feb... ........
Mar............
Apr............
May............
June...........
107
111
110
106
114
113
202
205
196
182
249
209
34
69
'77
58
51
51
343
385
382
346
415
373
July...........
108
110
107
98
,102
103
191
202
192
42r'
210r
350
52
50
548
59
351
362
847
199r
364
508
303
602
162
1979 (Est.)..........
1980 (Est.)..........
1977-Dec............
Soldiers’ &
Airmen's
Home
Permanent
Fund
Total
728
727
742
816
911
1,082
1,138
294
1,152
1,266
T.Q.................
Interest credited to certain Government accounts
Defense
Department
50r
53
Health, Education, and Welfare Department
Federal
Supplementary
Medical
Insurance
Trust Fund
12
17
29
43
77
104
104
4
132
229
Federal Old-Age
and Survivors
Insurance
[Trust Fund
Federal
Disability
Insurance
Trust Fund
1,346
1,617
1,718
1,848
2,039
2,296
2,346
80
2,275
2,153
1,880
1.660
884
221
324
388
435
479
'512
467
13
374
249
138
183
190
198
406
607
708
5
770
780
300
402
95
883
1,063
383
301
336
77
9
67
28
50
49
831
1
10
4
5
8
86
4
3
3
5
9
361
2
5
8
14
10
97
2
2
11
63
31
58
80
730
2
10
5
4
7
112
4
2
3
4
9
398
2
4
2
7
4
144
2
869
123
411
156
3
3
3
3
4
7
6
1
6
6
7
7
2
-
2
-
2
_
-
Federal
Hospital
Insurance
Trust Fund
Fiscal 1979
1,071
Interest credited to certain Government accounts -■ Continued
Fiscal year
or month
T.Q...............
1979 (Est.)........
1980 (Est.)........
1977- Dec...........
1978-Jan...........
Feb...........
Mar..,.........
June..........
July..........
Aug...........
Oct...........
Dec...........
Fiscal 1979
Veterans Administration
Trans
portation
National
Department
Government
Service
T,1fe
Life
Jnemploy- Black Lung Highway
Insurance
Insurance
nent
Usability Trust
Fund
Fund
Trust Fund Drust Fund Fund
Department
Civil Service
Commission
Railroad
Civil Service
Retirement
Retirement and Board
Disability
Fund
Total
215
251
258
262
257
274
246
16
230
209
20
14
12
23
40
130
162
3
213
246
3,936
4,765
5,089
5,452
6,574
7,690
7,800
270
8,131
8,651
_
_
_
2,428
2,662
1,311
2,374
2,259
6,380
7,376
7,858
8,378
9,893
14,098
14,704
2,567
15,053
15,772
297
342
105
9,782
10,940
3,584
3,500
2,600
98
18,670
19,022
4^063
61
90
138
242
717
137
3
2
5
2
3
139
71
201
60
115
152
3,714
12
270
145
103r
231
4,219
39
96
97
95
117
143
475
677
581
703
1,284
4,225
402
729
1,089
397
713
4,870
143
-**” 3. _
355
5,979
_
1
115
184
206
247
415
586
587
13
593
662
31
31
32
31
31
31
31
*
32
32
-
836
31
500
4,08 9
228
545
47
918
272
2
5
10
16
16
355'
30
16
*
*
*
*
*
16
*
*
*
*
*
17
516
219
*
6
*
1
*
225
*
7
*
4,910
1,407
-23
36
11
-13
33
194
1
*
*
*
211
77
*
11
4
4
15
65
*
11
5
7
15
81
214
*
386
17
256
3
19
11
12
33
68
1
3
5
8
12
318
987
1,232
1,464
1,566
1,838
2,136
2,463
71
2,841
3,356
49
76
-6
15
14
1,526
11
130
69
16r
65
1,792
1
*
255
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States^ ijoverment.
Note: Budget estimates are based on the 1980 Budget of the U.S.
Government, released January 22, 1979.
2/ Includes receipts from off-budget Federal agencies to the Civil Service
Retirement and Disability Fund as of May 1974.
g / Beginning fiscal 1974, includes adjustments of interest on public debt
issue to convert to the accrual basis. Also includes Indian tribal
funds, Interior Department, Judicial survivors annuity fund, State,
1.872
2/
*
Grand
Total
Other
2/
601
637
496
487
650
639
283
55
232
266
430
245
271
292
309
338
368
398
8
433
460
itents and
royalties
an the Outer
Continental
Shelf lands
y
103
1
1
1
1
2
120
foreign service retirement and disability fund, and Airport and Airway
trust fund.
Prior to January 1975, Rents and Royalties on the Outer Continental
Shelf Lands were shown as proprietary receipts from the public for
the Interior Department. To conform with the FY 1976 Budget Docu
ment's presentation, these amounts were reclassified and are now
being shown as undistributed offsetting receipts. As a result, the
detail will not add to the Fiscal Year 1974 totals.
Less than $500,000. r Revised,
Table FFO-5. - Budget Outlays by Function
oo
(In millions of dollars)
F.Y. 1979
F.Y. :
1978
Dec.
Jan.
Feb.
Apr.
Mar.
May
June
Aug.
July
Sept.
Oct.
Dec.
Nov.
Comparable
period
Jumulative fiscal
to date 1978
National defense:
Outlays.........................
Proprietary receipts from the public.
Intrabudgetary transactions........
8,471r
-65r
-4r
8,972
-999
*
8,559
113
3
10,855
-135
-19
8,377
113
2
9,141
-33
-2
9,181
-59
-3
8,515
-29
9
9,800
-54
-4
8,996
28
-18
9,300
-123
21
9,437
-187
-10
9,307
149
-5
28,044
-162
5
25,401
-6
1ft
Total...........................
8,402r
7,974
8,676
10,701
8,492
9,107
9,120
8,495
9,742
9,006
9,197
9,239
9,450
27,886
25,413
1,265r
-845r
-35r
378
-78
_*
390
-500
-*
738
-1,532
1,686
-427
751
-691
_*
1,900
-802
-*
1,267
-1,036
_*
1,439
-452
-*
1,184
-748
-49
1,135
-748
-63
1,096
-1,143
-*
1,305
-965
-*
3,536
-2,856
-63
3,226
-2,012
-83
International affairs
Outlays.........................
Proprietary receipts from the public.
Intrabugetary transactions.........
Total.
385r
300
-110
-795
1,259
60
1,099
231
987
387
324
-47
339
617
1,131
General science.space and technology
Outlays.........................
Proprietary receipts from the public.
382
-*
371
-1
392
433
*
380
429
-2
393
*
368
*
405
403
*
368
-1
412
-*
407
-*
1,187
-1
1,150
-1
Total...........................
382
370
392
433
379
428
393
368
405
403
367
412
407
1,186
1,150
Outlays.........................
Proprietary receipts from the public.
Intrabugetary transactions.........
463
-64
363
-45
430
112
396
-231
604
-54
679
-52
592
-43
684
-63
1,016
-83
881
-60
837
-45
794
-46
2,512
-151
1,348
-127
Total...........................
399r
-
319
542
165
550
627
548
621
933
821
792
747
2,361
1,221
1,233r
-71
-4
1,318
-166
1
829
-185
-3
1,087
-314
-2
1,038
-189
-1
1,066
-74
-2
1,069
-213
-2
1,172
-179
-12
1,526)
-129
-7
1,055
-170
-7
1,137
-241
-7
1,487
-353
-9
3,679
-764
-23
3,338
-225
-5
l,157r
1,152
641
991
-147
“4
841
771
848
990
854
982
1,391
87^
889
1,125
2,892
3,107
l,719r
-27
1,743
46
-48
-9
707
-26
8
15
-96
-69
166
17
22
1,396
-24
1,669
13
4,002
-
4,331
1,790
-57
680
23
-165
183
390
-4
386
262
21,
l,692r
48
33
82
283
949j
1,372
1,681
4,002
4,331
-623
-2
55
-2
_*
-18
-4
_*
218
-2
-119
-2
-*
463
-3
-108
-2
_*
471
-41
2,126*
-21
42
-2
-*
311
-2
-*
2,480
-6
-*
2,956
-6
-*
-
-626
52
-22
216
-121
460
-110
467
2,124
j
41
309
2,474
2,950
1,307
-28
-*
1,080
-4
-■*
995
-4
-*
1,157
-4
_*
1,120
-5
*
1,613
-27
1,421
-6
-*
1,302
-13
1,576*
i,H
-
1,424
-10
-*
1,378
-4
-*
4,502
-18
-1
4,009
-36
-*
1,278
-
1,076
991
1,153
1,114
1,585
1,415
1,288
1,572
1,695
1,414
1,374
4,483
3,972
738
23
-6
772
5
-5
1,525
-33
-31
780
-2
—6
1,193
-4
-4
1,013
-30
-*
881
-12
-9
1,323
-103
-2
1,346)
991
-71
-10
,
843
-81
-9
2,920
-300
-27
2,465
-204
-14
755
773
1,461
771
1,185
983
859
1,218
1,435!
1,0861
-148|
-9
929
910
.
753
2,593
2,248
2,144
-1
2,246
-2
2,209
2
6,599
-1
5,598
-3
2,144
2,244
2,210
6,598
5,596
Na+.nrftl TOflmiroaa and environment
Outlays.....'........................
Proprietary receipts from the public...
Intrabugetary transactions............
Total.
Agriculture,
Outlays.........................
Proprietary receipts from the public.
•
Total...........................
Commerce and housing credit 2 /
Outlays.........................
Proprietary receipts from the public.
Intrabugetary transactions.........
Total...........................
Transportation l/
Outlays.........................
Proprietary receipts fron the public.
Intrabugetary transcations.........
Total.
CogpffiilY. and yegional.development
Outlays..........................
Properietary receipts from the public.
Intrabugetary transactions..........
Total...............................
Education, training, employment and social
flOTdflSfi
Outlays.............................
Proprietary receipts from the public...
Total...............................
Footnotes at end of table.
286
-3
*
283
776r
-57r
717r
_
_
-
-
-4
_*
O
,
i
l,846r
-lr
l,846r
1,997
-1
1,996
2,058
-1
2,058
2,217
-3
2,214
1,914
-1
1,913
2,391
-1
2,389
2,222
2,222
2,105
-6
2,099
2,718
-2
2,716
2,267
-4
2,263
**1
»— i
|
$
g
§
§
GO
1
S3
88
*
2
Table FFO-5. - Budget Outlays by Function—Continued
Si
&
(In millions of dollars)
F.Y. 1978
F.Y. 1979
Dec.
Feb.
Jan.
Mar.
June
May
Apr.
July
Aug.
Sept.
Oct
Nov.
Dec.
d
ComparabX 6
Function
Oumulative period
to date
fiscal
1978
vo
Health
-522
-550
5,520
-5
-798
14,589
-7
-1,871
13,387
-7
-1,971
3,957
4,717
12,711
11,410
5,363r
-2
-954
3,157
-1
-476
4,174
*
-540
4,098
10
-519
4,214
*
-499
4,378
-2
-500
4,130
-14
-1,218
-4
-529
4,586
-2
-545
4,049
-4
-449
4,408r
2,680
3,634
3,895
3,589
3,716
3,876
3,597
4,039
3,595
4,037
12,lllr
12,946
12,326
11,663
-253
11,642
*
-2
13,066
-34
12,912
14,131
2
-1,621
12,267
-853
13,662
-*
-552
CM
C'N
CM
Proprietary receipts from the public....
4,506
1
4,563
-4
-2
-310
12,133
-*
-317
12,369
-*
-11
13,227
-*
-759
37,729
-*
-1,087
35,291
-1
-933
12,073
13,109
11,551
12,512
11,641
12,266
12,756
11,815
12,358
12,469
36,642
34,357
5,127
VO
Income security
Total..............................
ll,258r
-112
3
Proprietary receipts from the public.
-*
-3
12,230
Veteran benefits apd seiyices
*4
H
O
H
Proprietary receipts from th£ public....
2,640r
-33
727
-40
-*
1,573
-44
_•*
2,720
-58
611
-44
_*
1,769
-43
2,476
-42
656
-46
_*
1,575
-45
_•*
1,483
-40
1,690
-43
-*
1,706
-39
-*
2,692
-42
-*
6,089
-124
-1
5,897
-115
-1
Total..............................
2,607r
686
1,529
2,662
567
1,726
2,433
610
1,529
1,442
1,647
1,667
2,650
5,964
5,781
293
-r
309
-2
327
-1
292
-1
340
371
324
-
310
-1
-
898
-1
-
328
-1
-
1,035
-6
-
304
-*
-
317
-
312
-1
-
2
5
3
o
309
1,029
897
>
t-1
Administration of Justice
293
307
326
290
340
371
312
303
317
324
328
396
-4
392
Proprietary receipts from the public....
366
-32
-13
167
24
-25
393
-16
-22
416
-19
-22
154
-7
-16
530
-31
-15
389
- -79
-16
218
-30
-2
413
-57
-16
7,861
-76
-7,449
840
-46
-9
236
-26
-14
505
-221
-15
1,581
-293
-38
1,004
-84
-41
Total..............................
320
166
355
374
131
484
293
186
340
335
785
------- j
196
269
1,250
878
153
-26
-
!
8,8961
-22
-6,855j
160
79
9,426
-
-*
9,135
-22
-6,855
-6,855
127
2,0191
160
79
2,257
2,571
3,387
-29
-52
3,932i
7,797
-144
-282
7,372
15.316
-324
-741
14,251
12,658
-155
-601
11,902
Proprietary receipts from the public....
General government
General puroose fiscal assistance
Proprietary receipts from the public....
Intrabudgetary transactions....... .
48r
■
48r
153
50
-
-
-
-
2,050
153
50
1,964
51
43
2,050
-3
-
*
2,317
51
43
2,320
-
-
1,964
-
54
-18
36
Interest
Proprietary receipts from the public....
Intrabudgetary transactions..........
Undistributed offsetting receipts ......
1 6,590
-106r
-247
3,068
-44
-396
3,399
-35
-11
3,128
-26
-11
3,355
-52
-8
, 6,237r
2,628
3,353
3,091
3,295
3,296
-4,063
-475
-677
-581
-703
-1,284
36,918
33,787
40,004
35,724
36,670
37,647r
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
Note: The Export-Import Bank was moved within the Budget effective
October 1, 1976 pursuant to Public Law 93-646. Adjustments are made
to include totals for the period it was outside the Budget (August 17,
1971 through September 30, 1976). Also adjustments are made to reflect
3,416
-112
-8
3,680
-134
-7
6,617
3,308
,-60
-235
3,013
3,539
3,306
-4,225
-402
-729
-1,089
-397
-7131
-4,870
-5,979
-5,608
38,602
36,426
39,572
38,935
42,691
39,134
41,392
123,217
113,306
-50
3,850
o
"tf
»
H
I— I
o
.. n
3,5871
-1481
-409|
3,b30,
6,852
-31
-203
>
tr*
CQ
certain Export-Import Bank borrowing transactions now classified as
agency debt. These transactions were previously reported as off-budget.
1/ Details for the months of December 1977 through January 1978 are not
available; therefore^ figures will not add to total net budget outlays.
*
Less than $500,000.
r Revised.
VO
10
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-6. - Investment Transactions of Government Accounts in Federal Securities (Net)
(In millions of dollars)
Health, Education, and Welfare Department
Fiscal year
1970...............
1972...............
1976...............
T.Q................
1979 (Est.).........
1^80 (Est.).........
Federal
Federal
Old-Age and Disability
Survivors
Insurance
Insurance
Trust
Trust Fund
Fund
3,953
1,274
1,827
2,298
2,217
2,175
-1,924
-913
-1,645
-4,443
-3,045
-1,265
1,342
1,263
934
792
391
-37
-1,227
-477
-2,211
110
1,153
1,782
Federal
Federal
Supple
Hospital mentary
Insurance Medical
Trust Fund Insurance
Trust Fund
Housing and. Urban Development Department
Other
693
377
-146
1,338
3,642
1,897
1,181
67
-36
784
1,592
3,508
-345
244
221
222
531
148
-148
14
988
1,789
983
223
*
-1
-
*
-
*
-
1
1
-
-
1977-Dec............
-698
-64
309
242
_
1978-Jan............
Feb............
Mar............
Apr............
-1,289
1,570
-1,504
723
1,995
-1,909
-157
93
193
258
-26
417
-1,056
151
891
120
-249
817
66
204
180
-94
99
127
_
-1,379
2,429
-2,086
-2,307
80
-1,195
14
_■*
185
-297
-167
319
-92
-209
204
-486
-355
510
118
65
31
1
-37
358
_
322
June...........
Sept...........
Oct...........
Nov............
-145
-331
Transportation
Department
1970................
Treasury
National
Airport
Department Service
Highway
and
Trust Fund
Life In
Airway
surance
Trust Fund
_
-
-10
-772
_
*
4
2
2
7
-1
5
*
14
40
11
Federal
Deposit
Civil
Insurance
Service
Corpora
Commission tion
Federal
Savings
and Loan
Insurance
Corpora
tion
_
-
_
_
_
_
-
-2
-
-
-553
308
-691
528
3,582
-848
_
_
-
_
_
_
_
.
348
2,021
-669
-11
984
-496
19
19
-76
8
1
13
-
-
477
23
-5
-2
_
_
-18
Postal
Service
_
_
_
5
14
19
Railroad
Retire
ment
Board
All
other
Total
268
-9
-110
24
-60
-290
-246
-660
-171
-104
237
-145
26
67
110
165
2,030
-1,682
145
191
10,062
7,417
8 ,420
11,021
14,813
7,031
4,341
-3,514
9,245*
12,181
18,762
20,770
1,370
-280
-292
-90
125
599
-160
450
-
225
197
34
37
8,597
8,898
1,121
1,192
390
506
-16
-485
-210
-
486
709
214
40
1,083
127
25
-189
961
-359
-172
-266
-409
-132
1,099
23
448
89
-108
134
67
20
98
11
12
-22
33
-64
-70
-145
-289
-3
1,316
-379
-291
7,618
-465
-305
1,279
43
195
21
41
131
7
23
91
15
19
110
10
-164
213
-701
1,904
-33
108
-327
3
-201
51
-1
-53
43
-29
4
2
107
-129
-7
32
105
95
-15
12
-3,370
2,721
-1,462
849
5,536
1/990
-18
-13
-17
-19
-22
230
-1
-2
-2
-2
-7
41
-1
-4
-4
-5
-4
45
195
-226
-146
-422
36
-150
258
-77
-27
-9
-22
-18
-30
205
-1,796
4,098
4,265
-1,642
1,060
2,599
190
36
509
139
1,978
-3
91
2,016
1977-Dec............
143
345
42
33
60
41
42
55
149
157
155
191
195
88
380
2
-1
-32
-38
-138
-32
44
-97
-90
38
60
171
-33
131
-73
-163
93
302
-16
12
-43
-47
485
965
269
232
1,404
fiscal 1979
5,300
3,300
173
196
148
257
378
316
368
135
424
404
1978-Jan............
Feb............
Mar............
July............
Aug............
Sept............
Oct.............
54
51
328
180
438
537
225
404
470
-128
855
569
1,348
1,162
May............
June............
-21
-13
7
-1
-1
-*
1,960
2,932
3,123
3,337
3,669
4,635
5,253
-755
7,428
7,134
-5
1,380
1,201
353
-566
-920
56
40
525
-282
1979 (Est.)..........
1980 (Est.)..........
-1
4
-
_
-
14
20
29
26
30
27
42
*
40
54
1,089
1,033
822
1,094
2,049
1,937
-505
-79
1,127
1,499
1976................
T.Q.................
-
488
-1,747
-1,428
1,144
1,165
-4,938
-2,373
104
1,073
3,530
86
83
62
272
178
111
215
25
219
268
878
1,058
593
183
534
441
528
773
1972................
Other
2
5
9
15
8
7
-47
-15
-503
39
5
52
-17
-
*
-*
_*
28
14
1
6
5
-8
12
2
-3
-36
22
20
6
-15
5
24
*
*
_
Other
-8
-6
-8
-4
1
12
29
2
17
37
-1
_*
8
-1
3
60
-44
*
*
*
Unemploy
ment Trust
Fund
Other
i
w
O
Fiscal year
or month
165
154
Labor Department
-369
197
-202
299
184
223
261
27
-95
-313
79
68
20
11
40
-126
153
24
*
Veterans
Administration
131
128
109
31
63
200
118
28
190
100
7
*
49
-15
10
6
*
Fiscal 1979
-3,422
Government National Federal
Federal Mortgage Assn.
Insurance
Housing
Partici
Adminis
Adminis
pation
tration
tration
Other
Sales
Fund
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based on the 1980 Budget of
the U.S. Government, released January 22, 1979.
179
Note: Figures may not add due to rounding.
*
Less than $500,OCX),
£
Table FFO-7. - Trust Funds Transactions .October 1, 1978 through December 31, 1978
Si
&
(In millions of dollars)
Receipts
Classification
Outlays
Trust
interfund
Receipts
Total in
and pro
of trust
trust
prietary
funds
funds
receipts
1/
Interfund
trans
actions
2/
Unified
budget
receipts
attrib
utable
to trust
funds
2/
(2)
(4)
(5)
(1)
(3)
Interfund transactions
Total in
trust
funds
(6)
Federal Old-Age and Survivors
Federal Disability Insurance.......
Federal Hospital Insurance.........
17,789
*
17,789
1,698
16,091
3,260
4,421
*
*
3,260
4,421
303
602
2,956
3,819
Trust
inter
fund
trans
actions
Propri
etary
receipts
from the
public
(7)
(8)
Unified
budget
outlays
attrib
utable
to
trust
funds
VO
Outlays Federal
of trust payments Federal
employer
funds
and con contri
tribu
butions
tions
Interest
and pro
fits on
invest
ments in
Federal
securities
(10)
(12)
(13)
(14)
(15)
(16)
1,698
19,550
-3,459
-
303
602
3,102
4,138
-145
-319
(9)
(11)
Other
21,247
_
*
21,247
615
214
869
-
3,405
4,740
-
*
3,405
39
*
4,740
123
411
-
-
142
141
50
Total
y
Excess of
receipts
or outlays
(-)
Federal Supplementary Medical
2,513
*
2,513
1,885
628
2,082
-
*
2,082
1,,730
-
156
-
1,885
196
431
Federal Employees Retirement.......
3,566
3
3,563
2,721
842
3,005
3
-
3,003
4
768
1,886
63
2,721
281
561
Federal Employees Life and
Health Benefits................ .
_
_
_
_
_
34
-
_
-
_
_
_
34
-34
Federal Deposit Insurance
Corporation......................
_
_
_
_
127
-
388
6,855
248
1,707
Airport and Airway................
.
-178
-
-
34
-178
_
_
-
-
_
-
General Revenue Sharing...........
515
6,855
-
515
6,855
-
-
248
1,707
-
-
-
Highway.........................
2,277
-
2,277
386
1,890
1,977
-
-
1,977
-
-
386
Military Assistance Advances.......
2,651
2,651
-
-
-
1,775
-
2,651
-877
-
-
-
127
.
-178
178
-
127
-
121
1,707
267
5,148
-
386
1,590
300
-
-877
877
-72
-
Railroad Retirement...............
967
-
967
417
550
1,039
-
-
1,039
313
-
103
*
417
622
Unemployment.....................
2,783
-
2,783
224
2,558
2,018
-
-
2,018
-
-
214
10
Ilk
1,793
765
Veterans Life Insurance...........
385
110
274
274
177
-
110
67
-
-
274
1
274
-207
207
All other trust funds.............
274
171
103
37
66
227
-
171
55
13
-
4
21
37
18
47
Total.........................
48,256
2,936
45,319
8,676
36,643
43,504
3
2,934
40,567
2,,957
1,071
4,553
95
8,676
31,891
4,752
Source:
Based on the Monthly Treasury Statement of Receipts and Outlays of
the United States Government.
Note:
The memorandum section of various tables in the Federal Budget
presents the trust fund receipt and outlay data on the same concept as
columns (3) and (9) above. Trust interfund transactions are payments
from one fund to another trust fund and are excluded in calculating
trust fund receipts and outlays. The intragovernmental transactions
are payments from Federal funds to trust funds, and vice versa, but
exclude $34 nillion in trust fund payments to Federal funds.
2 / For content see columns 7 and 8.
2/ For content see columns 10-13.
2 / Includes net taxes and other receipts, mainly deposits by States and
Federal employee retirement contributions.
i j Excludes trust fund payments to Federal funds, such as charges for
administrative expenses of Social Security Act.
*
Less than $500,000.
^1
VO
Table FFO-8. - Selected Accrual Data Reported by Federal Agencies for Period Ended September 30, 1978
_____________________________________ (In thousands of dollars)_________________________________________________________
Transaction data
Quarter ended September 30, 1978
Agency
Net
cash
outlays
$274,042
Legislative Branch..................... .
141,120
The Judiciary......................... .
12,774
Executive Office of the President........ .
Funds Appropriated to the President:
221,418
International security assistance...... .
412,318
International development assistance... .
403,636
Other............................... .
4,402,047
Agriculture Department..................
1,553,232
Commerce Department.................... .
26,647,789
Defense Department-Military........... ...
854,976
Defense Department-Civil................ .
2,176,472
Department of Energy................... .
41,941,152
Department ef Health, Education and Welfare,
2,143,589
Housing and Urban Development Department...,
1,119,783
Interior Department.................... .
570,417
Justice Department......................
5,680,564
Labor Department.................... ...,
289,308
State Department....................... .
3,628,196
Transportation Department...............
Treasury Department:
10,311,337
Interest on the public debt........... .
1,457,585
Other............... ................
1,152,592
Environmental Protection Agency..,
•J*.
73,353
General Services Administration..,
987,758
National Aeronautics and Space Administration,
3,575,190
Veterans Administration...................
6,399,653
Other Independent Agencies................
Undistributed offsetting receipts:
Federal employer contributions to retirement funds -1,560,278
-426,734
Interest on certain Government accounts... .
Rents and royalties on the Outer Continental
-232,564
Shelf Lands........................... .
Elimination of interagency receivables and
payables.................................
Net
change
in re
ceivables
and payables
Accrued
expend
itures
Balances as of September 30, 1978
Current fiscal year to date
Net
cash
outlays
-$8,742
87
789
$265,300
141,206
13,563
$1,048,776
435,125
74,567
514,234
-16,714
51,206
460,044
101,016
-493,091
58,199
16
3,679,891
256,008
-19,362
95,258
-78,353
1,616
741,918
735,653
395,604
454,842
4,862,091
1,654,247
26,154,699
913,175
2,176,488
45,621,043
2,399,597
1,100,421
665,676
5,602,210
290,924
4,370,114
2,019,666
1,523,012
932,414
20,368,401
5,252,159
103,123,887
2,553,198
6,429,746
162,809,430
7,760,944
3,677,606
2,397,372
22,902,044
1,251,536
13,451,792
Net
change
in re
ceivables
and payables
Payables
From the public
Accrued
expen
ditures
To
other
agencies
To the
public
From
other
agencies
(includes
advances)
Accounts
receivable
$962,878
435,202
76,300
$93,668
7
1,140
$828
2
$1,242
105
102
$402,24b
9
1,951
1,980,743
4,000,408
42,798
1,565,810
-456,265
476,149
618,033
20,986,434
38,839
5,290,998
-53,745 103,070,141
2,574,152
20,954
15
6,429,761
-1,545,868 161,263,561
2,301,192
10,062,136
-99,658
3,577,948
-148,100
2,249,273
-54,307
22,847,737
-30,580
1,220,956
670,222
14,122,014
425,460
28,201
15,537
742,783
135,714
3,111,282
178,112
68,047
284,865
1,098,312
133,584
16,218
10,847
31,323
102,254
120,162
168,086
97
1,115,624
51,105
473,456
25,901
96,697
1,762,621
548,923
125,626
6,143
17,210
5,059
66,525
356,593
558,988
846,037
536,996
70,830
217,562
526
61,735
1,335,490
5,460
192,690
854,423
463,912
17,360
289,664
11,002
22,003
82,725
331,967
89,498
4,166,053
104,480
127,489
12,893,298
838,299
147,043
30,870
77,672
91,179
127,980
-$85,898
77
1,713
722,439
-157,869
142
-8,581
33,989
934,179
5,518,578
11,033,776
1,299,716
1,152,734
64,772
1,021,747
4,-509,369
11,918,231
46,673,703
7,614,289
4,071,472
117,043
3,980,022
18,962,152
25,078,716
2,021,153
513,389
-925,393
-60,719
-29,420
80,612
131,415
48,694,856
8,127,678
3,146,080
56,324
3,950,602
19,042,764
25,210,131
415,814
-2,061,010
-1,144,464
-2,487,744
-4,863,099
-8,650,582
43,396
-241,801
-4,819,703
-8,892,383
-11,117
-243,680
-2,258,546
-5,977
-2,264,523
-8,062,240
-8,062,240
3,824,839
3,824,839
114,210,724
2,668,345
116,879,068
448,736,846
8,551,679
457,288,325*
5fr,3£2,066
Federal Financing Bank............ .
Pension Benefit Guaranty Corporation,,
Pbstal Service.....................
Rural Electrification Administration,,
Rural Telephone Bank....... ........
Elimination of interagency
receivables and payable............
2,632,923
-44,010
578,386
-78,356
26,062
9,961
37,452
-500,719
163
-4,509
2,642,883
-6,558
77,668
-78,192
21,553
10,660,478
-31,760
-496,433
61,924
112,710
-2,251
17,574
955,599
8,122
837
10,658,227
-14,186
459,166
70,045
113,547
1,243,428
2,239,420
1,969,518
-1,946,075
-1,946,075
1,845,513
1,845,513
Total..........................
3,115,006
-2,403,727
711,279
2,825,394
13,132,312
Total............................... .
Receivables
2,532,741
91,607
28,918
555,275
93,300
35,566
849,733
-
-101
593,221
92,208
154,230
270,704
53,642
868,801
_
11,818
56,718
13,714
32,980
54,802
1,274,222
1,150,817
155,626
459,638
112,092
164,008
575,935
109,587
2,224,187
38,399
*1
ft]
G
«
$
HH
GO
o
>
o
w
%
HH
o
-10,702,894
-24,497,655
6,629,859'
2
go
7,253,969
Off-Budget Federal Agencies:
10,306,918
8
5,452,373
70
9,326,844
12
8,568
228,573
-50,835
7,309,878
6,233
19
-9,333,148
-7,487,635
1,148,179
8,580
Bureau of Government Financial'Operations,
Note: Figures on accrued expenditures are developed from reports submitted to the Department of the Treasury by Federal agencies. Accrued revenues resulting from the Government’s sovereign authority,
e.g., income and various employment taxes, and customs collections are not included in this report. Cash outlays and accrued expenditures are offset by revenues of a proprietary nature, e.g., marketoriented revenues or revenues derived from activities operated as business-type enterprises. Figures reported by agencies on receivables and payables may differ to some extent with reports on budget
status (S.F. 133 to 0MB) and budget results (TFS-2108 to Treasury) due to conceptual differences, e.g., deferred charges and advances to consolidated working funds are reported as receivables for this
table and as liquidated obligations for budget reports. For certain agencies submitting flash reports on cssh transactions, the net cash outlays shown above may not be totally consistent with
comparable data published in the Monthly Treasury Statement.
i
&
February 1979
13
.FEDERAL OBLIGATIONS,
"Obligations11 are the basis on which the use of funds
of categories which are based upon the nature of the trans
is controlled in the Federal Government. They are recorded
action without regard to its ultimate purpose.
at the point at which the Government makes a firm commitment
for salaries and wages, for example, are reported as per
to acquire goods or services and are the first of the four
sonnel compensation, whether the personal services are used
key events— order, delivery, payment,
in current operations or in the construction of capital items.
consumption— which
characterize the acquisition and use of resources.
All payments
In gen
eral, they consist of orders placed, contracts awarded, ser
Federal agencies and firms often do business with one
vices received, and similar transactions requiring the dis
andther; in doing so, the "buying0 agency records obligations,
bursement of money.
and the "performing” agency records reimbursements. In Table
FO-1, obligations that are incurred within the Government are
The obligational stage of Government transactions is a
strategic point in gauging the impact of the Government's
distinguished from those incurred outside the Government.
Tables FO-2, 3, and b show only those incurred outside.
operations on the national economy, since it frequently rep
resents for business firms the Government commitment which
stimulates business investment, including inventory purchases
and employment of labor.
Disbursements may not occur for
months after the Government places its order but the order
itself usually causes immediate pressure on the
private
economy.
Obligations are classified according to a uniform set
Obligation data for the administrative budget fund ac
counts were first published in the September 1967 Treasury
Bulletin and the trust fund accounts were first published in
the October 1967 Bulletin.
Beginning with the April 1968
Bulletin, the data are on the basis of the budget concepts
adopted pursuant to the recommendations of the President's
Commission on Budget Concepts.
14
Treasury Bulletin
.FEDERAL OBLIGATIONS.
Table PQ-L - Gross Obligations Incurred Within and Outside the Federal Government
by Object Class, August 31, 1978
__________________________________
(In millions of dollars)____________________________
Gross obligations incurred
Object class
Outside
Within
Personal services and benefits
Personnel compensation... .
Personnel benefits..........
Benefits for former personnel.
52,061
673
9,518
Contractual services and supplies
Travel and transportation of persons.
Transportation of things...........
Rent, communications, and utilities..
Printing and reproduction..........
Other services....................
Supplies and materials.............
2,069
1,432
3,609
476
42,672
29,791
492
1,698
2,870
428
18,296
11,376
2,561
3,130
6,480
905
60,968
41,167
18,736
5,058
29,431
4,577
2,325
60
23,313
7,383
29,491
86
11,879
110,663
139,407
50,417
864
143
6,963
195
4,330
1,372
2
4,473
8,335
196
492,216
64,492
556,708
Equipment.................
Lands and structures........
Investments and loans.....
Grants and fixed charges
Grants, subsidies, and contributions.
Insurance claims and indemnities....
Interest and dividends............
Refunds............. ............
52,060
5,375
9,518
110,577
139,407
38,538
864
Other
Undistributed U.S. obligations.
Obligations incurred abroad....
Unvouchered.................
Gross obligations incurred 1/.,
Source: Reports on Obligations, Standard Form 225, from agencies.
1/ For Federal Budget presentation a concept of "net obligations
incurred11 is generally used. This concept eliminates transactions
within the Government and revenue and reimbursements from the public
which by statute may be used by Government agencies without appro
priation action by the Congress. Summary figures on this basis
follow. (This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget
presentation and therefore may differ somewhat from the Budget
document.)
Gross obligations incurred (as above).......
Deduct:
Advances, reimbursements, other income, etc.
Offsetting receipts.....................
556,708
Net obligations incurred.... ...... ......
419,201
-88,641
-48,866
Table FO-2. - Gross Obligations Incurred Outside Hie Federal Government by Major Function
and Major Object Class, August 31, 1978
___________________ (In millions of dollars)_________________________________
Major object class
Major function
National defense..... ..............
General science, space, and technology.
Community and regional development...
Personal
services
and
benefits
Contractual
services and
supplies
Acquisition of capital assets
Equipment
Lands and
structures
Investments
and loans
Grants
and
fixed
charges
Other
Total
41,369
49,993
17,071
1,588
-
218
6,058
116,298
484
1,293
112
51
3,978
1,012
1,145
8,074
606
3,452
111
198
-
617
-
4,985
1,222
7,263
548
762
-
10,931
160
20,886
2,782
2,249
154
1,501
25
3,296
77
10,084
562
2,132
19
11
11,925
3,380
-1,249
16,780
667
312
18
6
5,677
2,026
235
8,942
2,205
1,285
255
513
1,810
9,777
623
16,470
757
578
16
62
3,096
4,478
166
9,155
Education, training, employment, and
Health................ ............
Total.................... ........
693
512
44
11
351
18,760
12
20,382
1,739
4,502
63
122
78
41,056
-36
47,524
1,893
1,105
9
3
1,795
144,003
19
148,827
3,250
1,353
162
157
601
12,921
85
18,529
1,550
451
37
40
-
777
5
2,860
2,462
3,566
115
33
-
407
-
6,583
11
2
*
*
96
-
-
109
62,252
80,049
5,058
29,431
35,727
7,301
35,727
492,216
18,736
289,386
February 1979
15
OBLIGATIONS
Table PO-3. - Gross Obligations Incurred Outside the Federal Government
by Department or Agency, August 31, 1978
(In millions of dollars)
Contractual services and supplies
Personnel services & benefits
Classification
Personnel
compen
sation
Agriculture Department:
Commodity Credit Corporation.........
Travel and
trans
portation
of persons
Benefits
for
former
personnel
Rent, com
Transpor munications ,
tation of and
things
utilities
Printing
and
repro
duction
Other
ser
vices
Sup
plies
and
mate
rials
332
_
-
35
-
*
*
12
1
4
*
12
3
291
1
11
36
35
*
22
107
32
_
.
.
*
*
*
1
5
5
1
5
*
1
8
4
*
1
*
6
88
126
1
818
27
4
1,831
622
*
-
*
*
2
*
109
29
91
27
4
*
56
42
3
9
171
281
161
1,696
391
38
10,196
11,719
9,188
1,1*0
1A
32,237
143
326
202
_
“
671
664
376
189
2l
192
475
298
60
*
397
498
364
479
*
4
66
14
6
*
3,558
10j977
5,256
1,751
14
3,790
7,132
5,431
6 ,.137
*
1,251
1,025
1,738
90
21,556
22,490
643
468
-
2
*
10
26
3
4
10
255
1
7
655
7,410
75
24
2,454
_
28
82
9
127
8
1,778
141
-
Funds appropriated to the President:
International security assistance:
International development assistance
Personnel
benefits
1/
-
Defense Department:
Military:
Department of the Air Force........
Civil.............................
Health, Education, and Welfare
Department........................
Housing and Urban Development Dept:
Government National Mortgage
37
34
8,352
8,396
_
'
_
_
50
Housing for the elderly of
Labor Department.....................
Treasury Department:
National Aeronautics and Space
Veterans Administration...............
Other independent agencies:
_
329
-
_
*
_
19
_
1
2
_
3
291
_
2
1,173
1,023
409
281
1,859
*
_
_
2
*
*
520
*
142
60
54
28
43
70
10
8
3
31
21
68
56
40
43
157
3
2
*
7
1
846
141
185
28
622
134
103
36
6
219
_
_
1,976
223
553
_
_
_
_
_
_
_
_
_
4
*
*
«.
84
13
7
_
15
1
59
_
120
27
565
_
38
1
*
_
151
179
736
53
20
1,507
580
3,233
-
*
-
17
74
7
10
67
116
3
*
2,810
500
98
650
9
104
753
769
*
"
*
422
*
8
9
51
*
*
86
6
1
3
27
62
*
*
*
6
*
77
278
3,502
*
1
1,205
18
52,061
673
9,518
2,069
1,432
3,609
476
42,672
29,791
9,827
*
162
“
8
9,835
_
_
Off-budget Federal agencies 4/:
Rural Electrification Administration
Pension Benefit Guaranty
Total Off-budget Federal
agencies....................... .
1
43
359
*
159
1
35
*
926
“
-
-
-
-
-
"
-
*
*
1
*
2
*
-
, 43
35
926
360
*
161
162
16
Treasury Bulletin
IFEDERAL OBLIGATIONS________________
Table FO-3. - Gross Obligations Incurred Outside the Federal Government
by Department or Agency, August 31, 1978—Continued
(In millions of dollars)
Grants and fixed charges
Acquisition of
capital assets
Classification
Equip
ment
Invest-*
ments
and
loans
Lands
and
struc
tures
Grants,
subsidies
and con
tributions
Insurance
Interest
claims
and
Refunds
and indem
dividends
nities
*
23
*
_
3
Funds appropriated to the President:
International security assistance:
International development assistance...
8
18
78
54
Other
it
_
1,440
1,093
4
456
345
1
5
-
6,539
11,410
222
2,019
9,583
701
163
*
1,546
415
*
Undistrib' Obliga
uted U.S. tions in*
obliga
curred
tions
abroad
_
_
_
2
21
Unvouchered
3
724
3
77
_
1
712
46
Total
gross
obliga
tions
incurred
-
45
3,673
1,833
Agriculture Department:
43
-1,369
458
22
6
97
9,152
26,531
1,978
Defense Department:
Military:
1,858
7,082
Total military.... ...............
211
*
16,930
Civil.............................
Energy Department............. .......
Health, Education, and Welfare
Department.................. .......
Housing and Urban Development Dept:
Government National Mortgage
Association...........................
Housing for the elderly or
handicapped 3/....................
Other.............................
33
JOi
Interior Department...................
Justice Department............ .......
Labor Department.....................
State Department.....................
Transportation Department.............
Treasury Department:
Interest on the Public debt..........
Interest on refunds, etc........ .
General revenue sharing................
Other.............................
Environmental Protection Agency........
General Services Administration.... .
National Aeronautics and Space
Administration......................
Veterans Administration...............
Other independent agencies:
Export-Import Bank af U.S...........
Small Business Administration........
Tennessee Valley Authority...........
Other..................................
Total............................
Off-budget Federal agencies 4/:
Postal Service....................
Rural Electrification Administration
revolving funds*...................
Pension Benefit Guaranty
Corporation.......................
Total Off-budget Federal
agencies.................... .
3*
4
41
73
*
$
±
it
24
1
4
-1
1,270
9
10
*
*
36
48
123
26
20
4
801
756
g
183
2
*
*
5
1
12
422
2,244
9,935
77Q
JO,//7
2 315
39
it
-16
46,330
370
511
315
74
_
20
-
4,115
1
1,237
343
5,696
96
96
25,333
39,274
30,338
18,658
65
113,668
131
jO /
“
3
1
431
83
2,794
“
17,321
Zo2
70
31
27
14
239
574
25
5
12
60
3b
*
*
1,177
552
8,656
430
3,927
52
11
1,534
86
1
*
it
it
-
.
27
13
89
36
3
30
_
106
_
-
7
9,250
6,505 115,041
*
2,046
*
19
35,429
2,910
53
_
1
-
538
-
2
-
-
35,429
296
9,250
124,697
2,526
3,619
64
162
145
157
601
2
3,081
*
9,472
368
-
_
-
_
85
-
3,794
18,508
*
1
368
13
377
6
1,434
2,566
622
*
73
5,403
-174
*
*
10,514
166
*
441
78
359
-2
9
_
39
-
1,435
2,760
3,617
21,878
18,736
5,058
29,431
110,577
139$ 407
38,538
864
C
. Oil
o*VoJ
4QC
492,216
151
27
17
_
143
93
_
*
_
_
12
_
_
_
0
y*7
/
_
18
_
1,154
*
93
.
1D1
.
_
5
62
“
55
5
21,375
-2 0
»
95
3
347
-
_
.
-*
_
*
*
2
-
_
_
_
_
_
_
4,188
2rQ09
11,442
1,329
7,416
11,800
1,154
24
12,976
*
Source:
Reports on Obligations, Standard Forms 225, from agencies.
Note:
Agency shifts are shown in this table beginning with the periods
of such shifts* The amounts for the complete fiscal year are adjusted
at that time.
1 / For purposes of this report this object class is considered as totally
within the Federal Government except for the Department of Defense and
Transportation Department, U.S. Coast Guard.
2/ Includes reports for Library of Congress, Government Printing Office,
and General Accounting Office only.
This fund was reclassified from an off-budget to a budgetary account
pursuant to an act approved Oct. 4, 1977.
4/ Postal Service since July 1, 1973, Rural Electrification Administration
revolving funds since May 12, 1973, and Pension Benefit Guaranty Corporation since Sept. 17, 1974.
*
Less than $500,000.
3/
Table FO-4. - Gross Obligations Incurred Outside the Federal Government,
•u
Comparative Statement by Month
F.Y. 1978
1977
Object class
Aug.
<*>
Sept
Feb.
Jan.
Dec.
Nov.
Oct.
Mar.
Apr.
May
Cumulative
to date
Aug.
July
&
Comparable
period
FY 1977
a
VO
National defense:
Personal services and benefits:
32,303
671
8,396
29,933
1,499
7,510
121
82
151
11
1,253
1,028
1,754
90
877
1,181
1,530
40
1,276
2,502
23,375
22,493
22,537
19,125
11*1
950
150
*
17,071
1,588
*
16,922
3,853
*
1
7
2
3
*
7
3
2
49
123
27
20
51
111
16
24
17
714
10
7
367
8
265
5,697
96
"78
5,885
92
10,818r
8,875
9,490
116,298
111,105
1,845
-*
-23
1,857
*
122
1,919
*
88
1,948
2
88
19,758
2
1,123
17,724
79
1,534
542
81
41
160
28
1,110
559
81
38
158
39
2,524
774
78
51
177
32
1,393
480
80
50
132
38
1,435
666
816
404
1,855
386
19,297
7,298
724
369
1,419
,317
12,307
6,824
129
363
2,709
138
249
2,023
164
216
3,355
184
1,665
1,335
307
3,011
3,470
29,431
2,606
16,337
8,409
12,361
3,050
170
12,716
12,250
7,460
55
15,254
13,403
1,651
45
10,217
13,409
3,273
48
110,528
139,284
38,512
844
104,883
136,616
32,454
1,200
292
86
9
-213
121
8
775
140
10
49
357
9
-122
1,266
98
711
817
88
40,400| 39,231
___ — I-- L
51,219: 48,106
35,303
375,917
338,345|
44,793
492,216
449,450
2,921
71
741
2r949
220
746
2,698
6
750
3,510
158
747
2,562
6
753
2,959
14
770
2,941
17
772
2,898
119
132
111
2
1,123
1,337
151
240
145
10
2,886
2,128
70
139
141
4
3,981
1,982
105
116
127
6
1,945
2,186
64
95.
168
9
2,030
2,215
129
125
281
1
3,771
1,902
83
87
149
2
2,149
1,738
211
84
146
27
1,2382,060.
129
119
197
10
2,197
2',247
112
72
86
10'
1,011.
1,699
1,383
801
-
2,173
-1,004
1
2,004
40
-
1,724
204
*
1,729
254
-
1,836
132
- •
l,554f
104
-
1,417
165
-
1,518
195
-
2
23
-10
3
5
11
17
3
3
46
3
a
4
8
3
2
14
8
2
2
14
7
1
2
3
$
3
2
3
9
2
2
*
7
2
-1
3
13
2
4
-74
1,347
9
76
-2,437
-92
1
483
7
-1
681
9
-1
580
9
183
614
10
7
409
8
5
467
10
459
8
6
745
8
10,840
10,646
12,640
10,951
10,577
13,l440
9,939
9,663
10,73,0
9,175
1,777
7
59
1,904
6
7,188
1,631
9
173
1,760
7
48
1,677
11
110
1,931
7
141
1,660
-1
105
1,950
-32
199
1,580
_*
73
72
24
125
30
1,352
707
97
67
156
56
2,129
126
64
50
151
33
L,600
1,382
66
36
144
38
1,083
546
63
20
133
43
1,100
841
77
21
270
34
3,846
437
67
41
144
28
1,959
317
86
28
222
38
1,529
755
11
28
165
35
1,719
-
2,995
3,029
55
768
5,378
200
754
3,615.
163
751
Contractual services and supplies:
Travel and transporation of persons.......
June
22
770
2,839
4$
772
124
52
198
7r
2,218
2,455
54
807
105
57
107
4
1,558
1,507
VO
Acquisition of capital assets:
Grants and fixed charges:
Grants, subsidies, and contributions......
1,744
100
1
Other:
1,783
130
"
2
2‘
1
1
-2
179
9
813
floyi-defeAse:
Personal services and benefits:
Contractual service and supplies:
Travel and transportation of persons....
Acquisition of capital assets:
179
8
2,899
294
911
5,570
100
438
1,716
105
315
1,823
180
167
3,800
209
586
3,273
135
157
2,413
196
346
3,136.
126
326
2,172
8,373
11,418
2,616
162
36,780
12,885
2,512
207
8,451
11,658
2,623
69
7,804
11,705
2,852
88
11,719
12,780
7,092
65
10,382
10,534
1,508
99
6,465
12,985
2,976
66
8,361
15,921
3,026.
66
10*750
12,276
3,000*
72
538
155
10
-675
216
10
161
49
8
37
42
9
-610
104
12
55
102
9
63
57
8
-496
133
7
-235
75
8
30,512
70,619
30,366
28,508
39,307
33,521
29,645
35,471.
32,785
31,379
41,352
81,266
46,958
39,587
45,13** ’ 43,516
40,556
Grants and fixed charges:
Other:
43,005
39,461
49,883
1
*
r
Less than $500,000.
Revised.
3
£
S
§
E
t-4
§
a>
Treasury Bulletin
18
.ACCOUNT OF THE U.S. TREASURY.
Source and Availability of the Balance in the Account of the U.S. Treasury
The operating cash of the Treasury is maintained in
Treasury's accounts with the Federal Reserve banks and bran
ches and m
tax and loan accounts. As the balances in the
accounts at the reserve banks become depleted, they are re
stored by calling in {Withdrawing) funds from thousands of
financial institutions throughout the country authorized to
maintain tax and accounts.
Deposits to tax and loan accounts occur in the normal
course of business under a uniform procedure applicable to
all financial institutions whereby customers of financial
institutions deposit with them tax payments a&d funds for the
purchase of Government securities. In most cases the trans
action involves merely the transfer of funds from a customer's
account to the tax and loan account in the same financial
institution. On occasions, to the extent authorized by the
Treasury, financial institutions are permitted to deposit
in these accounts proceeds from subscriptions to public debt
securities entered for their own account as well as for the
accounts of their customers.
Under authority of P.L. 95-147, the Treasury implemented
a program on November 2, 1978, to invest a portion of its
operating cash in obligations of depositaries maintaining tax
and loan accounts. Under the Treasury Tax and Loan investment
program, depositary financial institutions select the manner
in which they will participate in the program. Depositaries
that wish to retain funds deposited in their tax and loan
accounts in interest-bearing obligations participate under
the Note Option; depositaries that wish to remit the funds
to the Treasury's account at Federal Reserve banks participate
under the Remittance Option.
The tax and loan system permits the Treasury to collect
funds through financial institutions and to leave the funds
in Note Option depositaries and in the financial communities
in which they arise until such time as the Treasury needs the
funds for its operations. In this way the Treasury is able
to neutralize the effect of its fluctuating operations on
Note Option financial institution reserves and the economy.
Table UST-1. - Status of the Account of the U.S. Treasury
(In million of dollars)
Funds in process
of collection
through
Treasury operating balance I f
End of
fiscal year
or month
Available funds in
demand accounts at:
Federal Treasury tax
Reserve and loan note
banks
accounts
Other
deposi
taries 2)
Coin
currency
and coinage
metal
Miscel
Gold
laneous
balance
items
6/
Balance in
account of
the U *S.
Treasury
355
419
252
243
276
369
235
184
147
_
179
117
135
76
55
-18
31
218
187
54
41
19
35
70
195
175
355
277
441
471
586
602
752
819
818
717
121
108
129
70
54
46
50
3
111
109
107
107
106
-
9,016
9,911
11,310
13,741
10,352
8,868
16,065
18,597
20,531
257
11
136
275
570
-2
-
23,691
12,481
7,391
6,407
9,281
3,726
17,526
307
194
180
595
395
234
100
98
98
102
102
93
-30
-35
-35
-35
-35
190
651
652
657
642
618
600
1
-1
*
*
-5
2
200
189
257
328
159
259
93
69
136
140
93
91
-35
-35
275
-85
-7
-4
582
567
570
537
532
510
-1
-9
-2
-8
-7
-2
*
*
*
-
12,062
13,078
22,444
15,545
12,854
16,291
72
30
26
113
1
69
*
-3
11
7
6
7
“
12,902
13,837
23,691
16,464
13,629
17,152
-
15,146
253
17
89
“
554
-5
“
16,054
6,929
7,372
7,634
8,433
6,152
1,475
2,854
4,119
3,364
139
106
88
343
7
-
16,647
5,797
-
1978-Jan........... 11,228
Feb........... 3,615
4,705
7,177
May.... ...... 2,398
11,614
1,253
3,776
1,702
2,104
1,328
5,912
-
July.......... 10,331
12,068
16,647
15,467
Nov........... 6,587
4,196
1,731
1,010
5,797
78
6,267
12,095
3,522
11,624
1979-Jan...........
Federal
Reserve
Other
demand
accounts
5/
8,045
8,755
10,117
12,576
9,159
7,591
14,836
17,418
19,104
22,444
_
1,005
1970..............
1,274
1971..............
2,344
1972..............
1973............... 4,038
2,919
1974..............
5,773
1975..............
1976.............. 11,975
13,299
1977.............. 15,740
1978..............
Total
3/
Time deposits
and other
interestOther
bearing
deposi
demand
taries 4/
accounts
-
-
-
-
Source: Bureau of Government Financial Operations.
I f Effective January 1972, the Treasury operating balance excludes the
gold balance in Treasury.
I f Represents deposits in certain commercial depositaries that have been
converted from a time deposit to a demand deposit basis to permit
greater flexibility in Treasury cash management.
3/ Will not agree with daily Treasury Statement due to rounding.
4/ Represents funds in process of collection by (a) the U.S. Treasury
_
*
-
13,581
8,331
7,335
10,698
4,804
18,715
and (b) commercial banks which have been authorized to defer credit
until checks are collected. Data prior to January 1972 included in
"miscellaneous items" columns.
J5/ Represents demand deposits in National, Foreign, and other bank deposi
taries previously included in time deposits.
b f The free gold balance can be readily converted to available funds with
Federal Reserve banks.
*
Less than $500,000.
February 1979
19
Ar-rrttTm t OF THE U.S. TREASURY
■
Table UST-2. - Elements of Changes in Federal Reserve and Tax and Loan Note Account Balances **
(In millions of dollars)
Creditsand withdrawals
Tax and loan note accounts
Federal Reserve accounts 1/
Fiscal year
or month
Credits 2 J
Received
directly
Proceeds from sales of securities 4/
Received
Withdrawals 3/
through re
mittance option
tax and loan
depositaries
_
_
-
-
-
-
-
725,280
810,481
209,758
875,071
* 952,116
722,427
804,282
208,434
872,627
951,209
1976-Mar.................
68,537
71,759
1978-Jan...............
Feb...............
Mar...............
77,164
71,338
87,530
89,045
90,580
93,325
73,050
78,951
86,440
86,573
95,359
84,109
Sept.... ...... .
Oct......... ......
Nov..... ...... .
70,834
90,175
71,056
81,255
75,578
59,978
4,196
5,368
72,117
88,438
66,477
82,435
88,654
67,737
1979-Jan...............
79,119
4,401
84,194
May...............
June...............
-
Marketable
issues
Nonmarketable
issues 5/
15,825
16,683
19,375
15,812
10,571
9,072
2,897
2,603
2,578
2,849
3,314
3,270
3,104
3,366
3,676
910
3,908
3,838
-
-
-
1976-Mar...............
1978-Jan.................
Feb.................
May.................
Oct..................
Withdrawals
(transfers to
Federal Reserve
accounts)
123,906
132,460
131,121
145,797
171,828
197,091
218,149
225,201
58,457
267,125
302,496
142,333
151,721
153,346
164,920
185,669
209,267
224,412
228,877
59,367
271,033
306,334
141,921
149,317
152,900
164,645
184,874
211,545
229,090
227,494
58,105
271,787
303,901
361
22,239
22,600
23,410
20,825
20,778
28,855
28,955
23,715
36,163
21,207
21,129
29,222
29,301
24,082
36,476
25,114
18,606
31,296
28,899
24,858
31,892
-
297
291
258
278
253
232
23,170
23,573
31,044
22,935
19,309
26,358
23,467
23,864
31,302
23,213
19,562
26,590
27,648
24,585
26,515
28,932
13,373
20,762
“
280
20,296
20,576
21,047
-
-
-
During period
High
Tax and
Loan Note
Accounts
Total
credits
382
351
367
346
367
313
-
_
End of period
Fiscal year
or month
Federal
Reserve
Taxes 6/
Federal
Reserve
Low
Tax and
Loan Note
Accounts
Federal
Reserve
Average
Tax and
Loan Note
Accounts
Federal
Reserve
Tax and
Loan Note
Accounts
1,258
1,005
1,274
2,344
4,038
2,919
5,773
11,972
13,296
15,740
16,647
4,525
6,929
7,372
7,634
8,433
6,152
1,473
2,856
4,118
3,364
5,797
1,586
1,916
1,987
3,392
5,017
4,361
9,766
11,972
13,296
16,115
16,647
9,720
7,990
8,532
10,251
10,854
9,340
7,249
4,260
4,456
6,286
8,134
7
7
7
397
2
2
*
*
2,854
1,204
1,199
709
894
846
1,737
800
520
7
67
287
118
61
706
1,077
973
1,894
2,342
2,102
2,786
5,105
7,824
8,035
6,946
4,329
4,022
5,146
5,648
5,644
3,913
1,853
1,394
1,578
1,548
1,670
7,144
11,228
3,615
4,705“
7,177
2,398
11,614
868
1,253
3,776
1,702
2,104
1,328
5,912
9,820
11,228
10,412
7,380
8,729
11,271
14,132
3,233
5,160
3,776
5,344
5,941
3,147
6,298
4,885
4,833
3,407
1,553
2,595
2,398
2,160
457
343
284
248
61
525
89
7,653
7,519
5,707
4,706
5,001
6,516
7,577
1,562
1,382
1,712
1,737
1,476
2,562
1,731
1,010
5,797
78
6,267
12,095
12,052
12,162
16,647
16,647
14,373
6,332
6,484
3,287
8,134
5,840
9,486
12,319
7,997
7,442
7,400
11,748
5,465
951
79
111
117
78
412
1,000
10,512
10,065
11,080
14,961
8,186
3,931
1,458
828
2,418
1,385
5,162
5,884
10,331
12,068 #
16,647
15,467
6,587
4,196
1979-Jan.................
3,522
4.477
1M24
Source: Bureau of Government Financial Operations; figures are on basis
of telegraphic reports.
1/ Figures are from the revised Daily Treasury Statement, effective
July 1, 1974. Prior data not available.
2 / Represents transfers from Tax and Loan Note Accounts, proceeds from
sales of securities other than Government Account Series, and taxes.
3 / Represents checks paid, wire transfer payments, drawdowns on letter
of credit, redemptions of securities other than Government Account
Series, etc.
4/ Special depositaries are permitted to make payment in the from of
a deposit credit for the purchase price of U.S.- Government secu
rities purchased by them for their own account, or for the account
of their customers who enter subscriptions through them, when this
method of payment is permitted under the terms of the circulars
inviting subscriptions to the issues.
5/ Includes United States savings bonds, savings notes, retirement plan
and tax and loss bonds. United States savings notes first offered
for sale as of May 1, 1967 and were discontinued after June 30, 1970.
Retirement plan bonds first offered for sale as of January 1, 1963;
tax and loss bonds first issued in March 1968.
6/ Taxes eligible for Credit consist of those deposited by taxpayers in
13.213
1,410
4.000
2.247
3,m ,
..... 8.18A..
the Tax and Loan depositaries, as follows: Withheld income taxes
beginning March 1948; taxes on employers and employees under the
Federal Insurance Contributions Act beginning January 1950, and under
the Railroad Retirement Tax Act beginning July 1951; a number of excise
taxes beginning July 1953; estimated corporation income taxes
beginning April 1967; all corporation income taxes due on or after
March 15, 1968 and FUTA taxes beginning April 1970.
Less than $500,000*
Effective November 2, 1978 the Department of the Treasury imple
mented the investment authority provisions of Public Law 95-147, enacted
October 28, 1977. Beginning with the Treasury Bulletin for November
1978, the following changes in Table UST-2 will be initiated: (a) the
title or footnote entries which previously referred to "Tax and Loan
Accounts" will be changed to "Tax and Loan Note Accounts", (b) amounts
currently appearing under the heading "Federal Reserve Accounts",
'.'Credits" Column will be subdivided into two categories as follows:
"Received directly" and "Received through remittance option tax and
loan depositaries", and (c) in footnote 6/ "depositary banks" will be
changed to "Tax and Loan depositaries".
Treasury Bulletin
20
ACCOUNT OF THE US. TREASURY
Table UST-3. - Gold Assets and Liabilities of the Treasury
(In million of dollars except ounces)
Gold assets 1/
End of calendar year or month
Gold laibilities
Ounces
1978..................................
1978-Jan...............................
Feb...............................
Mar...............................
Apr............................ .
May...............................
June..............................
July..............................
Sept..............................
Oct...............................
Nov...............................
Dec..................
2J
Balance of gold in
U.S. Treasury account
Dollars
296,199,012.3
296,202,494.6
306,630,399.9
289,490,759.6
273,950,419.3
273,954,660,5
275,968,413.1
274,705,260.3
274,679,167.8
10,367
10,367
10,732
10,132
10,410 3/
11,567 3/
11,652
11,599
11,598
10,256
10,256
10,623
10,019
10,303
10,460
11,652
11,599
11,598
111
112
109
113
107
107
277,544,111.9
276,420,310,8
277,543,238.4
277,543,238.4
277,543,238.4
277,543,238.4
277,542,591.4
277,243,041.1
11,719
11,671
11,718
11,718
11,718
11,718
11,718
11,706
11,719
11,671
11,718
11,718
11,718
11,718
11,718
11,706
-
276,940,579.9
267,619,305.4
276,339,947.0
276,027,949.7
275,737,019.3
276,420,310.8
11,693
11,679
11,668
11,655
11,642
11,671
*
*
274,554,643.3
11,592
11,693
11,679
11,668
11,655
11,642
11,671
11,592
Source: Daily Treasury Statement through June 1974, Bureau of Government
Financial Operations thereafter.
1/ Treasury gold stock which excludes gold held by the Exchange Stabili
zation Fund (ESF). See "International Financial Statistics, ’'Table
IFS-1.
2/ Consists of: Gold certificates (Series 1934) issued only to Federal
Reserve banks; gold certificates fund-Federal Reserve System; gold
deposited by and held for the International Monetary Fund from Septtember 19, 1965, through February 15, 1972; redemption fund for Fed
eral Reserve notes until March 18, 1968, when it was combined with the
gold certificate fund pursuant to P.L. 90-269, approved March 18,
-
_
_
*
_
★
-
1968, and gold reserve against U.S. notes until March 18, 1968, when
it was transferred to the public debt also pursuant to P.L. 90-269.
3/ Gold assets were valued at $35 per fine troy ounce until May 8, 1972,
when they were revalued at $38 pursuant to the Par Value Modification
Act, P.L. 92-268, approved March 31, 1972. The increment amounted to
$822 million. Gold assets were valued at $38 per fine troy ounce un
til October 18, 1973, when they were revalued at $42.22 pursuant to
the amending of Section 2 of the Par Value Modification Act, P.L.
93-110, approved September 21, 1973. The increment amounted to
$1,157 million.
* Less than $500,000.
February 1979
21
_________MONETARY STATISTICS_______
Table MS-1. - Currency and Coin in Circulation
(In millions of dollars except per capita figures)
Currencies to longer issued
End of
fiscal year
or month
1975............................
Federal
Reserve
bank
notes
National
bank
notes
Gold
certifi
cates 2/
Silver
certifi
cates
Currencies Presently
being issued 1/
Federal
Reserve
notes 3/
Treasury
notes of
1890
United
States
notes
Federal
Reserve
notes 4/
Total
currencies
55
54
53
52
51
50
50
49
49
20
20
20
20
20
20
20
20
20
4
4
4
4
3
3
3
3
3
220
218
215
213
212
211
210
209
208
1
1
1
1
1
1
1
1
1
*
*
*
*
*
*
*
*
*
297
323
320
320
321
322
322
322
317
47,626
51,304
54,572
59,664
65,185
72,093
79,028
79,597
87,349
48,223
51,922
55,184
60,273
65,793
72,700
79,634
80,201
87,947
48
20
3
207
1
*
313
96,566
97,159
1977-Dec.........................
49
20
3
208
1
*
316
93,143
93,740
1978-Jan.........................
Feb.........................
Mar.........................
49
49
49
49
49
49
20
20
20
20
20
20
3
3
3
3
3
3
208
208
208
208
207
207
1
1
1
1
1
1
*
*
*
*
*
*
316
316
315
315
315
314
90,162
90,690
91,660
92,327
94,560
95,339
90,758
91,285
92,255
92,922
95,154
95,933
49
48
48
48
48
48
20
20
20
20
20
20
3
3
3
3
3
3
207
207
207
207
207
207
1
1
1
1
1
1
*
*
*
*
*
*
314
314
313
313.
313
313
95,567
96,522
96,566
98,146
100,815
103,314
96,160
97,114
97,159
98,738
101,407
103,906
May.........................
July........................
Oct.........................
Nov.........................
i
Coin
End of
fiscal year
or month
1973............................
1978-Jan.........................
Feb.........................
Mar.........................
Apr.........................
June... ....................
Sept..%...... ...............
Oct.........................
Dollars
Fractional
coin
Total
Total Currency
and Coin in
circula
tion 5/
Currency and Coin m
circulation
per capita
(in dollars) j6/
482
482
633
705
765
816
941
951
999
5,646
5,990
6,383
6,793
7,275
7,681
8,303
8,397
8,877
6,128
6,472
7,016
7,498
8,040
8,496
9,244
9,348
9,876
54,351
58,393
62,201
67,771
73,833
81,196
88,877
89,548
97,823
265.39
282.03
297.84
322,11
348,44
380.06
413.17
415.37
450.08
1,063
9,441
10,504
107,663
491.52
1,013
9,058
10,071
103,811
476.77r
1,015
1,019
1,024
1,030
1,039
1,031
9,045
9,065
9,113
9,162
9,250
9,324
10,060
10,084
10,137
10,192
10,289
10,355
100,819
101,369
102,392
103,114
105,443
106,288
462.57
465.12
469.50
472.53
482.89
486.44
1,041
1,051
1,063
1,076
1,093
1,114
9,376
9,423
9,441
9.493
9,572
9,625
10,416
10,474
10,504
10,569
10,665
10,739
106,577
107,588
107,663
109,307
112,072 7/
114,645
487.38
491.58
491.54
498.68
510.95r
522.35
Source: Statement of United States Currency and Coin.
1/ Excludes gold certificates, Series of 1934. which are issued only
Federal Reserve banks and do not appear in circulation.
21 Issued prior to January 30, 1934.
3/ Issued prior to July 1, 1929.
4/ Issued on and after July, 1929.
5/
to
6/
TJ
*
Excludes Currency and Coin held by the Treasury and Currency and
Coin held by or for the account of the Federal Reserve banks and agents.
Based on the Bureau of the Census estimated population.
Highest amount to date.
Less than $500,000.
* Revised.
Treasury Bulletin
22
.FEDERAL DEBT
Table FD-1. - Summary of Federal Debt
(In millions of dollars)
Amount outstanding
End of
fiscal year
or month
Securities held by:
The public 2/
Government accounts
Total 1/
1970
1971,
1972,
1973,
1974,
1975,
1976,
T.Q.,
1977,
1978,
382,603
409,467
437,329
468,426
486,247
544,131
631,866
646,379
709,138
780,425
Public
debt
securi
ties 1/
Agency
securi
ties
Total
370,094
397,305
426,435
457,317
474,235
533,188
620,432
634,701
698,840
771,544
12,510
12,163
10,894
11,109
12,012
10,943
11,433
11,678
10,298
8,881
97,723
105,140
113,559
125,381
140,194
147,225
151,566
148,052
157,295
169,477
Public
debt
securi
ties
Agency
securi
ties
Total
95,,170
102,,888
111,,460
123,,385
138,,206
145,,283
149,,611
146,,105
155,,490
167,,973
2,553
2,251
2,100
1,996
1,988
1,942
1,955
1,947
1,805
1,504
284,880
304,328
323,770
343,045
346,053
396,906
480,300
498,327
551,843
610,948
Public
debt
securi
ties
274,924
294,417
314,976
333,932
336,029
387,905
470,821
488,596
543,350
603,571
Agency
securi
ties
9,956
9,911
8,794
9,113
10,024
9,001
9,478
9,730
8,493
7,377
1977-
680,141
669,207
10,934
146,758
144,,949
1,809
533,383
524,258
9,124
1977-
729,164
718,943
10,221
156,645
154,,849
1,796
572,519
564,094
8,425
1978-
731,821
739,650
747,844
746,431
751,412
758,804
721,595
729,753
737,951
736,589
741,598
749,024
10,226
9,898
9,893
9,842
9,814
9,780
153,275
155,996
154,534
155,383
160,919
162,910
151,,480
154,,182
152,,718
153,,563
159,,093
161,,085
1,795
1,814
1,816
1,820
1,826
1,825
578,546
583,654
593,310
591,048
590,493
595,894
570,116
575,570
585,233
583,026
582,504
587,939
8,430
8,084
8,077
8,022
7,988
7,955
760,203
773,340
780,425
785,267
791,563
797,694
750,477
764,446
771,544
776,394
783,026
789,207
9,726
8,894
8,881
8,873
8,537
8,487
161,114
165,212
169,477
167,834
168,894
171,492
159,,291
163,,708
167,,973
166, 338
167,,399
170, 000
1,823
1,504
1,504
1,497
1,495
1,493
599,089
608,128
610,948
617,433
622,669
6*6,202
591,186
600,738
603,571
610,056
615,627
619,207
7,903
7,390
7,377
7,377
Nov ............
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government.
1/ Amounts of public debt securities outstanding have been adjusted to
2/
m
exclude issues to IMF and other international lending institutions to
conform with the budget presentation and the source for this table.
Includes holdings of Federal Reserve Banks.
Table FD-2. - Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts m millions)
Computed ,
annual interest rate
Total
interestbearing
public
debt 1/
Computed
annual
interest
charge 2 /
369,026
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
668,216
20,339
20,254
21,545
26,591
30,741
33,509
39,494
40,683
44,481
53,885
41,829
5.557
5.141
5.093
5.872
6.560
6.352
6.436
6.478
6.424
7.126
6.308
5.986
5.210
5.099
6.129
7.030
6.533
6.559
6.591
6.481
7.388
6.322
7.340
4.516
4.188
6.591
8.416
6.253
5.819
5.784
5.656
7.668
5.167
6.420
6.519
6.312
6.412
6.529
7.058
7.352
7.356
7.066
7.397
7.196
3.762
3.759
4.018
4.393
4.755
5.339
5.654
5.811
6.120
6.587
5.935
4.327
4.608
4.636
5.138
5.374
5.387
5.452
5.487
5.603
5.726
5.581
5.235
5.375
5.475
5.880
6.430
6.614
6.789
6.871
6.921
7.491
720,563
728,474
736,929
733,074
740,579
748,002
47,458
48,413
49,259
49,177
50,029
51,187
6.643
6.735
6.775
6.799
6.848
6.938
6.791
6.920
6.975
7.008
7.073
7.145
6.481
6.620
6.744
6.808
6.990
7.152
7.082
7.222
7.245
7.258
7.281
7.312
6.245
6.327
6.330
6.332
6.433
6.436
5.635
5.636
5.655
5.662
5.662
5.668
7.018
7.059
7.076
7.107
7.133
7.351
Oct............
749,462
763,404
766,971
775,452
782,048
782,371
51,657
53,097
53,885
55,209
56,973
57,658
1979-Jan............
789,502
58,987
6.989
7.054
7.126
7.223
7.394
7.482
7.587
7.221
7.298
7.388
7.514
7.739
7.869
8.031
7.320
7.432
7.668
7*939
8.398
8.752
9.090
7.336
7.374
7.397
7«45°
7.585
7.609
7.705
6.509
6.584
6.587
6,643
6.736
6.742
6.803
5.643
5.710
5.726
5.802
5.881
5.919
5.893
7.389
7.435
7.491
7.527
7.628
7.675
7.705
End of
fiscal year
or month
1970................
1971................
1972................
1973................
1974................
1975................
1976................
1977................
1978................
1977-Mar............
1978-Jan............
Feb............
Mar............
Au§ . ............
Total
interestbearing
public
debt 1/
Marketable issues
Treasury Bills
Total
Source:
Bureau of Government Financial Operations
Note: The computed annual interest charge represents the amount of interest
that would be paid if each interest-bearing issue outstanding at the
end of each month or year should remain outstanding for a year at the **
applicable annual rate of interest. The charge is computed for each
issue by applying the appropriate annual interest rate to the amount
Outstanding on that date (the amount actually borrowed in the case of
securities sold at a premium or discount, beginning with May 1960).
the aggregate charge for all interest-bearing issues constitutes the
total computed annual Interest charge. The average annual rate is
computed by dividing the computed annual interest charge for the total,or
for any group of issues, by the corresponding principal amount.
Beginning with data for December 31, 1958, the computation is based <m
If
1/
2/
3J
4/
5/
Notes
Nonmarketable
Treasury
bonds
Other 4/
Government
account
series 5/
6.856
the rate of effective yield for issue sold at premium or discount.
Prior tothat date it was based on the coupon rate for all issues.
As of July 1974, includes Federal Financing Bank.
Excludes Federal Financing Bank.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
On United States savings bonds the rate to maturity is applied
against the amount outstanding.
As of July 31, 1974, Monthly Statement of the Public Debt of the U.S.,
the column heading was changed to "Government account series'* which
includes Treasury deposit funds in addition to those accounts pre
viously shown as special issues.
February 1979
23
FEDERAL DEBT
Table FD-3. - Interest-Bearing Public Debt
End of
fiscal year
or month
Total
interestbearing
public
debt
(In millions of dollars)
Marketable
-
Total
U.S.
savings
bonds
62,956
53,989
49,135
45,071
33,137
36,779
39,626
39,839
45,724
56,355
136,426
150,816
168,158
193,382
206,663
216,516
226,673
225,897
254,121
281,816
51,281
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
229,625
41,490
232,837
73,037
161,221
161,817
165,652
, 159,640
159,391
159,757
257,077
258,472
262,179
262,180
261,612
265,310
48,483
50,477
50,420
52,373
52,681
52,632
253,783
257,707
258,677
260,881
266,895
270,303
76,987
77,415
77,804
78,220
78,645
78,965
160,092
160,615
160,936
161,227
161,548
161,747
162,286
266,586
268,531
267,865
272,610
271,663
265,791
272,807
54,363
56,410
56,355
57,814
60,125
60,007
61,436
268,420
277,847
281,816
283,801
288,711
294,825
292,973
79,281
79,543
79,798
80,091
80,331
80,546
80,414
Treasury
notes
Treasury
bonds
76,154
86,677
94,648
100,061
105,019
128,569
161,198
161,505
156,091
160,936
93,489
104,807
113,419
117,840
128,419
150,257
191,758
206,319
241,692
267,865
435,379
164,264
720,563
728,474
736,929
733,074
740,579
748,002
466,780
470,766
478,252
472,193
473,684
477,699
749,462
763,404
766,971
775,452
782,048
782,371
789,502
481,041
485,557
485,155
491,651
493,337
487,546
496,529
Total
Bills
1/
369,026
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
232,599
245,473
257,202
262,971
266,575
315,606
392,581
407,663
443,508
485,155
1977-Mar...................
668,216
1978-Jan...................
Feb...................
Mar..................
July..................
Aug...................
1970......................
1973......................
1976......................
Dec...................
1979-Jan...................
(In millions of dollars)
Nonmarketab1e
End of
fiscal year
or month
Foreign Series
Invest
ment
series
Depos
itary
series
Public
Government
Dollar
denominated 2}
Foreign
currency
denominated 3/
Foreign
currency
denominated
_
2,387
2,347
2,310
2,275
2,271
2,267
2,263
2,262
2,247
2,246
25
23
22
19
16
16
9
9
7
8
3,389
7,606
16,913
26,781
23,412
21,617
19,901
19,215
20,510
20,912
1,,366
1,,664
2,,072
1,,743
1,,599
1,,599
1,,599
1,,599
1,,289
768
*
1977-Mar...................
2,248
9
20,617
1,,461
1978-Jan..................
Feb..................
Mar..................
Apr..................
May..................
2,246
2,246
2,246
2,246
2,246
2,246
8
8
8
8
8
8
21,659
21,510
22,614
22,438
21,476
20,559
1,,128
1,,087
ls,035
995
943
901
July.................
Dec..................
2,246
2,246
2,246
2,246
2,245
2,245
8
8
8
8
8
8
861
809
768
727
657
600
1979-Jan..................
2,245
8
19,952
21,415
20,912
23,315
25,967
27,398
26,928
531
1971.......................
Oct..................
Source:
Monthly Statement of the Public Debt of the United States.
1 / As of July 1974, includes Federal Financing Bank.
2 / Consists of certificates of indebtedness, Treasury notes beginning
January 1963, Treasury bonds beginning September 1964, and Treasury
bills beginning March 1975, sold to foreign government for U.S. dollars*
3/ Consists of the dollar equivalent of Treasury certificates of
indebtedness; Treasury bonds from October 1962-April 1967; and
Govern
ment
account
series
4/
Other
-
76,323
82,784
89,598
101,738
115,442
124,173
130,557
128,640
140,113
153,271
1,656
3,389
1,322
1,407
2,002
1,361
2,611
3,419
14,543
24,813
-
128,192
7,272
_
136,364
139,422
137,956
138,833
144,394
146,448
15,390
16,019
17,013
18,141
19,182
21,176
1,595
144,665
149,047
153,271
152,685
154,812
157,522
21,406
24,778
24,813
24,730
24,692
24,912
2,798
155,237
24,812
-
-
Treasury notes beginning November 1966 issued and payable in designated
foreign currencies.
4/ As of the July 31, 1974, Monthly Statement of the Public Debt of the
U.S. the column heading was changed to "Government account series"
which includes Treasury deposit funds in addition to those accounts
previously shown as special issues, formerly included in "Other"column,
5/ Includes $1,595 million for the public and $600 million for Government.
Treasury Bulletin
24
FPnRPAT
n E R T
Table FD-4. - Government Account Series
(Xn millions o£ dollars)
End of
fiscal year
or month
Total
Airport and
Airway
trust fund
Exchange
Federal
Federal
employees
Stabilization Deposit
Fund
Insurance
retirement
Corporation funds
Federal
Federal
Federal Home
disability Energy
Loan Banks
insurance
Administration
trust fund
_
_
1977...........
1978...........
76,323
82,784
89,598
101,738
115,442
124,173
130,557
128,640
140,113
153,271
878
1,936
2,529
2,712
3,246
3,687
1,242
1,424
2,934
2,364
1,451
1,512
1,529
2,050
1,763
74
156
274
263
436
1,367
2,692
3,429
4,829
5,435
1977-Mar........
128,192
3,129
1,978
4,171
39,342
4,435
5,713
6,697
7,488
7,880
7,843
6,616
6,138
3,941
4,053
4,910
1978-Jan........
Feb........
136,364
139,422
137,956
138,833
144,394
146,448
3,482
3,542
3,583
3,625
3,681
3,830
2,063
2,047
2,022
1,991
1,861
1,836
4,509
4,993
5,082
4,975
5,109
5,176
46,663
46,399
46,060
45,645
45,394
46,481
2,918
3,013
3,206
3,464
3,438
3,855
144,665
149,047
153,271
152,685
154,812
157,522
155,237
3,874
3,776
. 3,687
3,725
3,785
3,956
3,999
1,806
1,799
1,763
1,726
2,218
3,190
3,139
5,219
5,414
5,435
5,476
6,269
6,276
6,385
46,089
45,804
53,398
53,030
52,659
54,004
53,566
3,869
3,869
4,053
3,756
3,591
3,910
3,881
Federal
supp. medical
insurance
trust fund
Federal Sav
ings and loan
insurance
Corporation
Government
life insur
ance fund
Highway
trust fund
80
89
139
81
129
907
1,593
1,885
2,535
3,088
797
758
717
690
651
604
569
560
526
496
1970 ...........
1971...........
1972...........
1973...........
1974...........
1975...........
1976...........
Apr........
July.......
Aug........
1979-Jan........
End of
fiscal year
or month
1970...........
1971...........
1972...........
1973...........
1974............
1975...........
1976...........
1977...........
1978...........
13
257
478
700
531
1,378
1,230
1,244
2,232
4,021
18,931
21,644
24,691
27,894
31,201
35,525
40,383
39,607
46,631
53,398
-
-
1,712
-
5,915
6,068
6,155
6,427
6,605
6,716
6,931
6,956
7,250
7,618
_
-
963
820
385
53
277
771
978
1,677
-
-
'
-
-
_
_
-
-
-
-
-
”
National
Railroad
service life Postal
retirement
insurance
service fund accounts
fund
2,602
3,635
4,456
5,550
7,599
9,536
9,030
8,952
10,079
11,578
199
44
62
*
-
-
3,751
3,853
3,742
3,766
3,706
3,466
3,375
2,715
2,684
2,579
Treasury
deposit
funds
-
836
790
780
736
809
Federal
hospital
insurance
trust fund
Federal
old-age and
survivors
insurance
trust fund
2,583
2,980
2,834
4,172
7,814
9,711
10,892
10,959
10,924
11,707
11,216
25,939
27,248
29,126
31,424
33,640
35,815
33,891
32,978
31,333
26,890
20*430
10,073
10,225
11,115
11,236
10,978
11,805
27,050
28,621
27,117
27,840
29,835
27,926
11,713
11,504
11,707
11,222
10,867
11,376
11,298
26,547
28,976
26,890
24,583
24,663
23,468
22,172
Unemployment - Other
trust fund
,1/
10,520
8,514
7,186
8,330
9,495
4,557
2,203
2,345
3,603
7,195
484
585
655
1,199
2,127
2,470
4,332
5,076
6,533
7,274
1977-Mar........
2,006
2,201
547
9,380
7,190
2,190
2,325
715
771
5,691
1978-Jan.......
Feb.......
Mar.......
Apr.......
May.......
June......
3,291
3,495
3,675
3,581
3,680
3,807
2,678
2,879
2,890
2,903
2,880
2,913
524
519
513
509
501
510
10,544
10,700
10,890
11,085
11,173
11,553
7,438
7,429
7,407
7,389
7,360
7,565
2,708
2,571
2,162
2,200
2,055
2,318
2,296
2,226
2,081
1,792
1,789
3,105
763
748
752
749
778
793
2,562
2,921
2,231
2,739
6,341
5,493
6,802
7,094
7,168
7,089
7,531
7,482
July......
Aug.......
Sept......
Oct.......
3,925
3,990
4,021
4,022
3,985
4,343
4,555
2,939
3,073
3,088
3,107
3,359
3,450
3,490
505
500
496
490
485
496
491
11,520
11,651
11,578
11,415
11,508
11,810
11,971
7,548
7,635
7,618
7,599
7,578
7,808
7,773
2,154
2,367
1,677
3,581
3,557
3,665
3,721
2,777
2,780
2,579
2,631
2,629
2,576
2,248
823
808
809
1,810
1,795
1,837
1,854
5,841
7,865
7,195
7,185
8,307
7,811
7,034
7,516
7,235
7,274
7,327
7,558
7,545
7,660'
1979-Jan.......
Source:
Monthly Statement of the Public Debt of the United States.
Note: Prior to July 1974 title of this table was "Special Public Debt
Issues".
1/
Consists of Government National Mortgage Association fund and MBS
Investment account; National Credit Union insurance fund; Federal
Housing Administration fund; employees life insurance fund; veterans
special life insurance fund; veterans reopened insurance fund;
servicemen's group life insurance fund from August 1969-January 1973;
employees health benefits fund beginning October 1970; ExportImport Bank of the United States from February 1967-October 1968;
General Services Administration participation certificates trust;
and Washington Metropolitan Area Transit Authority from November
1972-March 1973; Indian tribal funds and individual Indian money for
August 1974; Pension Benefit Guaranty Corporation beginning Nov
ember 1974; Bonneville Power Administration and Library of Congress
trust fund beginning January 1975; Tax Court Judges survivors annu
ity fund and Overseas Private Investment Corporation beginning
*
February 1975. Federal ship financing escrow fighing fund, Federal
ship financing fund fishing' vessels (NQAA), Federal ship financing
revolving fund, gifts and bequests (Commerce), judicial survivors
annuity fund, national insurance development fund (HUD), and the
U.S. Army general gift fund beginning March 1975, Emergency Loan
Guarantee Fund beginning April 1975, Comptroller of the Currency
assessment fund, National Archives Trust fund, beginning July 1975,
Comptroller of the Currency, trustee fund, beginning August 1975,
Federal Financing Bank; National Archives Gift Fund} Public Health
Service, Conditional and Unconditional Gift Fund; HEW; U.S. Naval
Academy Gift Fund; U.S. Naval Academy Museum Fund; War Risk Revolv
ing Fund; Aviation war risk insurance revolving fund; Department of
State conditional gift fund, general; Harry S. Truman Memorial schol
arship fund; Special Investment Account; Black Lung Disability Trust Fund.
Less than $500,000.
February 1979
—
PF.nir.RAT. n m
hp
Table FD-5. - Interest-Bearing Securities Issued by Government Agencies
(In millions of dollars)
Housing and Urban
Development Department
Defense
Department
End of
fiscal year
or month
”1970....................
1974....................
1977-Mar.................
Total
amount
outstanding Family housing
and homeowners
1/
assistance
Federal
Housing
Adminis
tration
Other independent agencies
Government
National
Mortgage
Association
Export-Import
Bank of the
United States
Federal
Home Loan
Bank Board
Postal
Service
-
Tennessee
Valley
Authority
Other
3
3
3
3
3
2
2
2
2
2
-
250
250
250
250
250
250
250
250
996
1,355
1,855
2,255
2,696
2,075
2,075
1,975
1,825
1,825
-
250
1,825
2
12,510
12,163
10,894
11,109
12,012
10,943
11,433
11,678
10,298
8,881
1,775
1,683
1,588
1,484
1,382
1*276
1,171
1,136
1,016
897
517
487
454
412
408
487
581
578
579
601
7,320
6,005
4,920
4,480
4,370
4,260
4,180
4,145
3,768
3,166
1,893
2,625
1,819
2,221
2,894
2,593
3,174
3,591
2,858
2,141
6
6
5
5
10
-
10,934
1,077
592
3,845
3,342
-
1977-Dec..... ...........
10,221
983
581
3,743
2,837
-
250
1,825
2
1978-Jan.................
Feb.................
10,226
9,898
9,893
9,842
9,814
9,780
974
963
954
949
935
926
599
602
607
607
608
606
3,743
3,743
3,743
3,701
3,701
3,701
2,833
2,512
2,512
2,509
2,494
2,471
-
250
250
250
250
250
250
1,825
1,825
1,825
1,825
1,825
1,825
2
2
2
2
2
2
9,726
8,894
8,881
8,873
8,537
8,487
916
906
8^7
897
876
868
603
603
601
598
594
588
3,666
3,166
3,166
3,166
3,166
3,141
2,464
2,142
2,141
2,136
1,824
1,813
250
250
250
250
250
250
1,825
1,825
1,825
1,825
1,825
1,825
2
2
2
2
2
2
Apr.................
July................
Aug.................
Oct.................
-
-
-
_
-
Memorandum - Interest-bearing
securities of non-Govemment agencies 4/
End of
fiscal year
or month
m o
......... ....................
Banks for
cooperatives
3/
Federal home
loan banks
5/
Federal
intermediate
credit1banks
It
Federal
land
banks
Federal
National
Mortgage
Association
21 6/
District of
Columbia
Stadium
Fund
1,529
1,790
1,805
2,338
2,475
2,896
3,694
3,901
4,061
4,317
9,914
7,923
7,848
12,149
18,622
21,250
19,390
19,111
19,206
27,443
4,942
5,705
6,188
6,673
7,995
9,497
10,298
10,791
11',693
11,555
6,192
6,652
7,393
9,058
11,067
14,192
10,060
16,566
18,719
20,198
13,165
14,996
18,560
21,087
25,232
28,237
29,863
30,685
31,491
38,353
20
20
20
20
20
20
20
20
20
20
1977-Mar.................
4,899
18,483
10,670
17,304
30,392
20
1977-Dec.................
4,434
20,389
11,174
19,118
31,890
20
1978-Jan.................
Feb.................
Mar.................
Apr.................
4,625
4,622
4,728
5,046
5,264
4,974
20,817
22,018
22,132
22,156
24,210
24,599
11,103
10,958
10,881
10,977
11,081
11,257
19,498
19,350
19,350
19,686
19,686
19,686
32,024
32,553
33,350
34,024
35,297
36,404
20
20
20
20
20
20
4,788
4,570
4,317
4,264
4,668
4y&43
25,723
26,653
27,443
27,763
39,043
40,432
11,392
11,482
11,555
11,554
11,548
11,469
20,198
20,198
20,198
20,360
20,360
20,360
36,900
37,518
38,353
39,776
39,814
41,080
20
20
20
20
20
20
1973....................
Dec.................
Source:
Bureau of Government Financial Operations and Monthly Treasury
Statement of Receipts and Outlays of the U.S. Government.
Note: The Export-Import Bank was moved within the Budget effective
October 1, 1976 pursuant to Public Law 93-646. Adjustments are made
to include totals for the period it was outside the Budget (August 17,
1971 through September 30, 1976). Also, adjustments are made to re
flect certain Export-Import Bank borrowing transactions now classified
as agency debt. These transactions were previously reported as offbudget negative outlays.
1/ Includes undredeemed matured securities outstanding on which interest
has ceased.
2/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
Housing and Urban Development Act of 1968 (P.L. 90-448).
3/ Effective December 31, 1968, banks for cooperatives and Federal In
termediate credit banks were converted to private ownership pursuant
to provisions of Public Law 90-582, October 17, 1968.
4/ For details of securities outstanding, see Table TS0-5.
5/ Includes Federal Home Loan Mortgage Corporation mortgage backed bonds
beginning November 1970.
6 / Includes mortgage gacked bonds beginning June 1970.
Treasury Bulletin
26
irif.nw.BAT. DEBT________
Table FD-6. - Participation Certificates
(In millions of dollars - face amounts)
Agriculture
Department
End of
fiscal year
or month
Participation certificates issued by GNMA acting as1 trustee
Export-Import Bank
of the United States
Commodity Credit
Corporation
Sales
Retire Out
standing
ments
2,181
-
2,181
-
1977-Mar..............
-
1977-Dec..............
-
1978-Jan..............
Feb..............
May..............
July.............
Aug..............
Nov..............
Sales
Retire Out
standing
ments
_
-
_
-
321
268
608
42
327
-
-
-
-
-
252
-
-
252
“
-
-
Sales Retire Out
standing
ments
.
92
1,493
1,226
618
576
249
249
252
252
252
252
252
252
252
252
252
252
252
252
252
252
252
252
Sales
765
685
517
493
493
492
492
492
451
318
_
•
•
-
-
-
451
-
-
190
-
_
-
451
-
_
_
_
_
190
133
-
_
-
-
7,320
6,005
4,920
4,480
4,370
4,260
4,180
4,145
3,768
3,369
-
-
-
3,845
-
25
42
3,743
-
35
357
143
-
-
-
-
3,743
3,743
3,743
V01
3,701
3,701
3,666
3,309
3,166
3,166
3,166
3,166
Retire Out
Sales ments
standing
Retire Out
ments
standing
401
80
168
24
41
133
1,280
1,315
1,085
440
110
110
80
35
377
491
-
Health, Education,
and Welfare
Department 2/
Farmers Home
Administration jL/
Total
451
451
451
451
451
451
_
.
.
.
_
_
•
451
451
318
318
318
318
3
2
6
2
8
10
_
5
10
_
-
_
209
207
201
199
199
198
198
198
190
180
190
190
190
190
190
190
190
185
175
175
175
175
Participation certificates issued by GNMA, acting as trustee - Continued
End of
fiscal year
or month
Housing and Urban Development Department
Sales
1970..................
1971..................
1972..................
1973..................
1974..................
1975..................
1976..................
1977..................
1978..................
1977-Mar..............
1978-Jan.............
July............
-
_
_
-
Oct.............
-
Retire
ments
324
963
405
34
7
_
14
-
Small Business
Administration 5/
Government National
Mortgage Association 4/
Office of Secretary 3/
Out
standing
2,109
1,146
741
707
707
707
707
707
700
700
700
700
700
700
700
700
700
700
700
685
685
685
685
685
Sales
Retire
ments
-
92
_
“
-
Sources
Bureau of Government Financial Operations.
1/ Includes the Direct Loan program through September 1972, the Agricultural Credit Insurance fund beginning October 1972, and the Rural
Housing Loan programs.
2/ Includes Construction of Higher Education Facilities, Health Professions Education fund, and Nurse Training fund.
Out
standing
190
81
193
95
65
70
41
19
165
82
1,707
1,626
1,433
1,338
1,273
1,204
1,164
1,145
980
989
11
19
-
1,016
969
15
129
-
969
969
969
950
950
950
934
806
806V
806
806
806
Sales
-
.
_
-
-
-
-
/
Veterans
Administration 6/
Retire
ments
Out
standing
Sales
225
91
206
41
102
32
_
32
-
782
691
485
444
444
444
444
444
342
311
_
.
.
.
•
-
-
342
342
342
342
342
342
342
342
342
311
311
311
311
311
-
-
Retire
ments
Out
standing
136
99
107
243
45
41
40
16
54
234
14
_
23
20
178
1,749
1,650
1,543
1,300
1,255
1,214
1,175
1,159
1,105
871
-
-
-
-
1,146
1,092
1,092
1,092
1,092
1,068
1,068
1,068
1,048
871
871
871
871
871
3/ Includes College Housing, Housing for the Elderly, and Public Facility
programs.
4/ Includes Special Assistance, and Management and Liquidating programs.
5/ includes programs for Disaster Loans, and Business Loans and Investments.
6/ Includes Direct Loan and Loan Guaranty programs.
February 1979
27
-----
pwnp.RAT. nr.BT
Table FD-7. - Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
Held by Private Investors
(In millions of dollars)
Maturity classes
End of
fiscal year
or month
Amount
outstanding
privately
held
Average length I f
Within
1 year
1-5
years
5-10
years
10 - 20
years
20 years
and over
157,910
161,863
165,978
167,869
164,862
210,382
279,782
294,595
326,674
356,501
76,443
74,803
79,509
84,041
87,150
115,677
151,723
153,203
161,329
163,819
57,035
58,557
57,157
54,139
50,103
65,852
89,151
94,845
113,319
132,993
8,286
14,503
16,033
16,385
14,197
15,385
24,169
31,247
33,067
33,500
7,876
6,357
6,358
8,741
9,930
8,857
8,087
7,939
8,428
11,383
8,272
7,645
6,922
4,564
3,481
4,611
6,652
7,262
10,531
14,805
3
3
3
3
2
2
2
2
2
3
1977-Mar................
1977-Dec...............
276,434
343,019
154,258
171,376
86,214
118,975
21,538
32,729
8,350
8,293
6,074
11,646
2 yrs.
2 yrs.
5 mos.
11 mos.
1978-Jan...............
Feb...............
355,374
358,320
362,693
355,144
356,892
353,660
177,642
175,195
178,474
170,272
166,094
162,533
123,692
130,715
132,501
130,884
135,524
137,543
32,712
29,853
29,414
31,816
31,758
30,548
9,733
9,719
9,635
9,571
9,847
9,766
11,595
12,838
12,669
12,601
13,668
13,360
2
3
2
3
3
3
11
0
11
0
1
1
358,255
359,919
356,501
362,443
367,256
365,239
163,619
163,512
163,819
165,337
170,492
174,231
139,017
136,462
132,993
136,064
133,876
128,293
30,573
33,603
33,500
33,476
33,695
33,604
11,512
11,407
11,383
12,746
13,879
13,833
13,533
14,936
14,805
14,820
15,314
15,278
3 yrs.
3 yrs.
3 yrs.
3 yrs.
1 mos.
3 mos.
3 mos.
2 mos.
3 yrs.
3 yrs.
4 mos.
4 mos.
Apr...............
July..............
Aug...............
Dec...............
Source:
Office of Government Financing in the Office of the Secretary.
1/ Beginning with the September 1976 Treasury Bulletin the average length
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
8
6
3
1
11
8
7
9
11
3
mos.
mos.
mos.
mos.
mos.
mos.
mos.
mos.
mos.
mos*
mos.
mos.
mos.
mos.
mos.
mo.
of the interest-bearing marketable public debt is computed on that
part of the outstanding public debt privately held.
Table FD-8. - Debt Subject to Statutory Limitation
(In millions of dollars)
End of
fiscal year
or month
Statutory
debt
limit
Debt outstanding sub
ject to limitation
Iaterest-bearing debt
subject to limitation
Total
Public debt
1/
377,000
430,000
450,000
465,000
495,000
577,000
636,000
636,000
700,000
798,000
373,425
399,475
428,576
459,089
476,006
534,207
621,556
635,822
699,963
772,691
369,463
396,678
425,813
456,697
473,618
532,565
619,820
634,089
698,229
770,935
3,962
2,797
2,764
2,392
2,388
1,642
1,736
1,733
1,734
1,756
369,026
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
3,137
1,972
1,939
1,567
1,563
1,642
1,736
1,733
1,734
1,756
1977-Mar..................
682,000
670,343
668,596
1,748
668,216
1978-Jan..................
Feb...... *...........
752,000
752,000
752,000
752,000
752,000
752,000
722,741
730,900
739,103
737,741
742,750
750,175
720,985
729,142
737,341
735,978
740,988
748,414
1,756
1,758
1,763
1,762
1,763
1,761
720,563
728,474
736,929
733,074
740,579
748,002
752,000
798,000
798,000
798,000
798,000
798,000
798,000
751,625
765,594
772,691
777,538
784,165
790,340
791,581
749,867
763,836
770,935
775*784
782,416
788,597
789,844
1,758
1,758
1,756
1,753
1,748
1,743
1,736
749,462
763,404
766,971
775,452
782,048
782,371
789,502
1976.....................
July.................
Aug..................
Oct..................
1979-Jan..................
Source: Monthly Statement of the Public Debt of the United States.
Note: For debt subject to limitation since 1940, see Table 21 of the
Statistical Appendix to the Annual Report of the Secretary of the
Treasury of the State of the Finances for fiscal 1977. For a summary
of legislation of debt limitation under the Second Liberty Bond Act
and the amounts of limitation, see Table 32 of the Statistical Appendix.
Other debt
1/ 2/
1/
2/
Public debt
Other debt
Non-interest-bearing debt
subject to limitation
Public debt
1/
Other debt
1/
825
825
825
825
825
1,748
437
389
453
343
380
443
566
529
600
3,963
380
1,756
1,758
1,763
1,763
1,763
l,7bl
421
668
412
2,905
409
412
-
1,758
1,758
1,756
1,753
1,748
1,743
1,736
405
431
3,963
332
369
6,226
343
-
-
-
-
-
Adjusted to exclude notes to IMF and other international lending orgainzations from public debt and include them in "other debt" to
conform with the budget presentation and the source for this table*
Consists of guaranteed debt of Government agencies, specified partic
ipation certificates, District of Columbia Stadium Bonds and notes
of international lending organizations*
Treasury Bulletin
28
FEDERAL DEBT
Table FD-9. - Status and Application of Statutory Limitations
The Second L ib e r ty Bond A ct (3 1
7 5 7 b ) , a s amend
e d , p ro v id e s t h a t th e f a c e amount o f o b lig a tio n s issu ed under
a u t h o r it y
of
th a t
A c t,
and th e f a c e amount
of
o b lig a tio n s
The Act of June 30, 1967
(Public Law 90-39)
provides
that the face amount of beneficial interests and participa
tions issued under section 302 (c)
of the Federal National
gu aran teed a s to p r i n c i p a l and i n t e r e s t by th e U nited S t a t e s ,
Mortgage Association Charter Act (12 U.S.C. 1717 (c)) during
s h a ll
the fiscal year 1968 and outstanding at any time shall be
at
not
exceed
in
any one tim e .
on August 3 , 1 9 7 8 ,
th e a g g re g a te $ 4 0 0 b i l l i o n o u tsta n d in g
P u b lic Law 9 5 -3 3 3 p ro v id es t h a t beginning
added to the amount
and
mining whether the requirements of the above provisions are
deb t l i m i t s h a l l be
ending on March 3 1 , 1 9 7 9 , th e P u b lic
te m p o ra rily
in cre a s e d by $39--
b illio n .
otherwise taken into account in deter
met.
Part A. - Status Under Limitations, January 31, 1979
(In millions of dollars)
Public debt subject to limit:
Public debt outstanding...................................................................................... .
Less amounts not subject to limit:
Treasury..................................................................................................
Federal Financing Bank......................................................................................
Total public debt subject to limit.............................................................................
$790,454
609
(*)
789,844
Other debt subject to limit:
Guaranteed debt of Government agencies..........................................................................
Specified participation certificates...........................................................................
Total other debt subject to limit................................................... ..........................
601
1,135
.... 1,736
Total debt subject to limit....... ........... ..... ............... .......................................... .
791,581
Statutory debt limit...........................................................................................
798,000
Balance of statutory debt limit...................................................... ...........................
6,419
Part B. - Application of Statutory Limitations, January 31, 1979
Classification
Amount outstanding
Interest-bearing debt:
Marketable:
Bills:
........................
$162,286
........................
272,807
........................
....
61,436
496,529
Notes:
Bonds:
Nonmarketable:
8
Foreign government series:
26,928
531
Public
Foreign currency denominated......................................................
2,798
........................
........................
........................
........................
........................
........................
........................
........................
155,237
2,245
13
24,216
40
161
80,414
382
........................
292,973
........................
789,502
.......................
.......................
.......................
157
795
952
790,454
Non-interest-bearing debt:
Source: Monthly Statement of the Public Debt of the United States.
* $500 thousand or less.
February 1979
29
1TRTYKRAT. DEBT_______________________
Table FD-10. - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agriculture Department
End of
fiscal year
or month
Total
30,651
31,944
33,939
34,237
35,434
44,674
53,091
57,374
66,353
85,626
1977-Mar.............
1978-Jan.............
Feb.............
May.............
Oct............. .
1979-Jan............. .
61,742
74,581
76,070
77,415
78,311
79,201
80,224
81,648
83,534
85,676
87,120
87,926
90,612
93,444
Agency
for
Inter
Federal
national Financing
Develop Bank
ment 1/
_
512
451
416
374
327
233
-
-
-
-
602
13,466
22,413
25,884
35,418
48,078
-
_
“
31,312
39,522
40,606
42,169
42,964
43,871
44,504
_
-
Govern
ment
National
Mortgage
Assn. _5/
_
-
1,247
1,534
1,491
-
45,545
46,668
48,078
49,212
49,645
51,298
52,254
-
_
-
_
Housing and Urban Development
Department- Continued
End of
Fiscal year
or month
Federal
Home Loan
Bank Board
Other
6/
"
-
-
Commodity
Credit
Corp
oration
ExportImport
Bank of
the
United
States
3/
Secretary:
Farmers
Home
Adminis
tration
Programs
2/
Rural
Electri
fication
Adminis
tration
Housing and Urban
Development Department
Office
College
housing
loans
5,328
5,746
6,051
6,563
6,963
7,409
7,512
7,409
7,865
7,865
1,416
1,391
1,606
1,610
2,545
1,482
1,717
1,867
1,922
2,222
1,586
783
1,743
1,888
2,457
207
11
73
3
-
1,400
2,450
2,781
2,811
2,811
2,811
2,811
2,811
2,811
2,811
600
800
800
800
800
800
800
800
800
800
260
352
333
351
414
455
124
149
264
490
4,288
9,947
10,092
10,230
10,281
10,233
10,282
7,609
7,925
7,951
7,865
7,920
7,959
7,979
1,922
1,922
1,922
1,922
1,922
1,922
1,922
66
2
161
18
16
2
11
2,811
2,811
2,811
2,811
2,811
2,811
2,811
800
800
800
800
800
800
800
176
361
364
364
369
379
400
10,414
10,715
11,261
11,351
11,565
12,681
14,206
7,992
8,039
7,865
7,957
7,981
8,027
8,059
1,922
1,932
2,222
2,222
2,222
2,222
2,272
23
328
197
47
221
2,811
2,811
2,811
2,811
2,811
2,811
2,811
800
800
800
800
800
800
800
429
457
490
545
581
619
679
Interior
Department
Rural
Telephone
Bank
Helium
fund
Ten
nessee
Valley
Author
ity
Transpor
tation
Dept.
Saint
Lawrance
Seaway
Develop
ment
Corp.
Veterans
Adminis
tration:
Direct
loan
program
10
223
665
1,641
2,462
3,677
4,666
4,878
3,529
3,969
140
207
251
252
252
252
251
252
252f
252
_
49
132
191
201
234
319
100
100
100
100
100
150
150
150
150
150
133
130
127
123
121
120
118
118
116
115
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1977-Mar.............
5,200
5,008
252
1978-Jan.............
Feb.............
Mar.............
4,960
4,950
4,819
4,767
4,741
4,835
3,609
3,669
3,669
3,709
3,709
3,894
252
252
252
252
252
252
205
236
255
257
261
284
290
150
150
150
150
150
150
150
116
115
115
115
115
115
115
1,730
1,730
1,730
1,730
1,730
1,730
1,730
5,071
5,142
5,248
5,322
5,230
5,213
5,242
3,894
3,894
3,969
3,969
3,969
3,969
3,969
252
252
252
252
252
252
252
305
311
319
319
319
319
325
150
150
150
150
150
150
150
115
115
115
114
114
113
113
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1977.................
1978.................
1979-Jan.............
Other
4/
12,262
11,977
11,501
10,864
8,608
5,046
2,840
3,556
6,128
11,261
3,133
3,552
3,781
3,053
3,133
5,413
6,124
5,907
4,908
5,248
1970.................
1971.................
1972.................
1973.................
1974.................
1975.................
1976.................
of the Secretary
Urban
renewal
fund
Under
Defense
Produc
tion
Act
of 1950
7/
1,996
2,010
2,010
2,014
2,015
91
9/
9/
9/
-
_
-
Other
8/
43
43
43
63
43
44
98
97
223
317
97
240
241
243
244
244
249
192
192
365
365
361
361
362
Treasury Bulletin
30
•FEDERAL DEBT,
Footnotes to Table FD-10.
Source:
Bureau of Government Financial Operations.
Note: These securities were issued to the Treasury in exchange for ad
vances by the Treasury from public debt receipts under congressional
authorizations for specified Government corporations and other agen
cies to borrow from the Treasury. Further detail may be found in
the 1977 Statistical Appendix to Annual Report of the Secretary of
the Treasury, pages 389-393, and the 1977 Combined Statement of Receipts,
Expenditures and Balances of the United States Government, pages 542544.
1/ And predecessor agencies. Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other.”
2/ Farm housing and other loan programs, Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund), Rural Housing
Insurance Fund, and Rural Development Insurance Fund.
2 / Includes securities transferred from the Reconstruction Finance
Corporation.
4/ Consists of notes issued to borrow for: public facility loans; Low
Rent Public Housing Fund; and advances for National Flood Insurance
Fund; and Housing for the Elderly and Handicapped.
j5/ Consists of liabilities taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.
C. 1719 (c), 1720 (d), and 1721(d)) and also securities transferred
from the Reconstruction Finance Corporation.
6/ Public Housing Administration 1960-1963; Federal Housing Administra
tion beginning January 1966; Housing Assistance Administration from
September 1968-December 1969.
7/ Consists of notes of: The Administrator, General Services Adminis
tration, for defense materials procurement; the Secretary of Agri
culture; the Secretary of the Interior (Defense Minerals Explo- .
ration Administration); and the Secretary of the Treasury through
May 1964.
8/ Consists of notes issued by the: International Communication Agency
for informational media guaranties (see footnote 1); Secretary of*
Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fiscal years 1963-67 and Federal Ship Financing Fund
(NQAA), beginning December 1972; Virgin Islands Corporation from
September 1959-September 1968; District of Columbia Commissioners
for the Stadium Sinking Fund beginning December 1971; Secretary of
the Interior (Bureau of Mines) for development and operation of he
lium properties beginning May 1964; Bureau of Commercial Fisheries
for Federal Ship Mortgage Insurance Fund, Fishing Vessels from Jan
uary 1966 - May 1967; and revenue bands for Smithsonian Institution
(John F. Kennedy Center Parking Facilities) beginning July 1968;
Secretary of Transportation (Washington Metropolitan Area Transit
Authority) beginning December 1972; Health, Education, and Welfare,
Office of Education (Student Loan Insurance Fund) from May 1973 August 1973; Pension Benefit Guaranty Corporation from September 1974; Federal Railroad Administration, rail service assistance, begin
ning January 1976, and regional rail reorganization, April, 1976;
Bonneville Power Administration beginning September 30, 1977;
Secretary of Energy beginning October, 1977; General Services
Administration (Pennsylvania Avenue Corporation) beginning
November, 1977.
2 / Outstanding loans cancelled pursuant to Public Law 93-426, dated
September 30, 1974.
February 1979
31
.PUBLIC DEBT OPERATIONS.
Table PDO-1. - Maturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and 52-Week Treasury Bills
Outstanding, January 31, 1979
_______________(In millions of dollars)_____
Amount of maturities
Amount of maturities
Date
of final
maturity
1979
Feb.
Feb.
Mar.
Apr.
Apr.
May
May
June
June
July
Aug.
Aug.
Aug.
Sept.
Sept.
Oct.
Oct.
Nov.
Nov.
Nov.
Nov.
Dec.
Dec.
15.
28.
31.
1.
30.
15.
31.
30.
30.
30.
15.
15.
31.
30.
30.
1.
31.
15.
15.
15.
30.
31.
31.
1980
Jan.
Feb.
Feb.
Feb.
Mar.
Apr.
Apr.
May
May
June
June
July
Aug.
Aug.
Aug.
Sept.
Sept.
Oct.
Oct.
Nov.
Nov.
Nov.
Dec.
Dec.
31...
15...
15...
2 9
31...
1...
3 0
15...
3 1
30...
3 0
3 1
15...
15...
31...
30...
3 0
1...
3 1
15...
15...
3 0
3 1
31___
Descriotlon
Issue
Date
7%-H
5-7/8%-M
67.-N
-1/27.-EA
-7/8%-P
7-7/87.-D
6-1/87.-Q
7-3/4%-E
6-1/87.-R
6-1/4%-S
6-1/4%-A
6-7/87.-J
6-5/87.-T
8-1/27.-F
6-5/87.-U
1-1/27.-EO
7-1/47.-V
6-5/87.-B
77.-C
6-1/47.-K
7-1/87.-W
7-1/27.-G
7-1/87.-X
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
2/17/76
2/28/77
3/31/77
4/1/74
5/2/77
11/6/74
5/31/77
7/9/75
6/30/77
8/1/77
8/15/72
8/16/76
8/31/77
9/4/75
9/30/77
10/1/74
10/31/77
2/15/73
11/15/73
11/15/76
11/30/77
1/6/76
1/3/78
Note
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Bond
Note
1/31/78
1/23/59
2/15/77
2/28/78
3/17/76
4/1/75
5/1/78
5/15/73
5/31/78
6/10/76
6/30/78
7/31/78
8/15/74
8/15/77
8/31/78
9/14/76
10/2/78
10/1/75
10/31/78
10/3/60
11/15/77
11/30/78
12/7/76
1/02/76
Total...
7-1/27.-K
47.
6-1/27.-G
7-5/87.-L
7-1/27.-C
1-1/2%-EA
7-3/4%-N
6-7/8%-A
87.-P
7-5/8%-D
8-1/4%-Q
8-1/2%-R
97.-B
6-3/4%-H
8-3/4%-S
6-7/8%-E
8-5/87.-T
1-1/2%-EO
8-7/8%-U
3-1/2%
7-1/87.-J
9-1/4%-V
5-7/8%-F
9-7/8%-W
Note
Note
Total7.....
1981
Jan.
Feb.
Feb.
Mar.
Apr.
May
May
June
Aug.
Aug.
Aug.
Sept.
Oct.
Nov.
Nov.
Dec.
15”.
15..
30.
15..
15..
31..
1/
9-3/47.,-P
77.-A
7-3/87.- C
6-7/8%- H
1-1/27.- EA
7-3/87.- D
7-1/27.- M
6-3/47.- J
77.
7-5/87.- F
8-3/87.- N
6-3/4%-,-K
1-1/27.- EO
7-3/4%- B
77.-G
7-1/4%-,-L
6-3/8%
6-1/8%-D
7-7/8%-G
1-1/2%-EA
8%-A
7%-E
9-1/4%-K
8-1/4%-H
8-1/8%-B
8-3/8%-J
1-1/2%-EO
7-7/8%-C
7-1/8%-F
9-3/8%-L
Total...
4,692
2,845
3,519
2
1,992
2,269
2,087
1,782
2,308
3,180
4,559
2,989
3,481
2,081
3,861
1
4,334
1,604
2,241
3,376
4,791
2,006
3,920
455
1,138
434
264
475
137
568
2,961
2,477
2,874
2
1,833
1,719
1,848
1,625
2,017
3,021
2,739
2,109
3,041
1,851
3,528
1
3,879
466
1,807
3,112
4,316
1,869
3,352
63,920
11,473
52,447
3,875
2,429
4,608
3,820
6,076
2
3,180
7,265
3,098
2,185
4,407
4,164
4,296
4,133
3,545
2,141
3,906
3
3,790
1,751
4,600
3,195
2,692
3,547
365
866
1,461
334
724
3,510
1,563
3,147
3,486
5,352
2
2,743
1,716
2,921
1,891
3,549
3,465
1,612
3,476
3,129
1,988
3,220
3
3.481
1,132
3,907
2,945
2,654
3,097
1,731
368
645
159
550
239
157
291
159
1,820
880
440
230
333
437
5,549
177
294
858
699
2,684
657
416
153
686
309
619
693
250
38
450
82,708
Note
Note
Note
Note
Note
Note
Note
Note
Bond
Note
Note
Note
Note
Note
Note
Note
1/31/74
2/15/79
2/18/75
3/8/77
4/1/76
1/26/76
2/15/78
6/3/77
8/15/71
7/9/76
8/15/78
9/7/77
10/1/76
11/15/74
10/12/76
12/7/77
Total.
1982
Feb.
Feb.
Mar.
Apr.
May
May
May
June
Aug.
Sept.
Oct.
Nov.
Nov.
Dec.
Held by
U.S. Govt,
All
accounts and other
Federal Re
investors
serve banks
3,118
1,842
4,796
2,809
*
2,020
3,893
2,514
807
2,586
4,110
2,968
14
4,477
2,543
3,452
63,989
151
561
1,031
203
182
1,034
70
409
297
1,297
72
1,866
113
124
41,949
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
2/15/72
1/6/77
3/6/78
4/1/77
5/15/75
4/4/77
Ll/15/78
6/7/78
8/15/78
9/6/78
10/7/77
11/17/75
10/17/77
1/2/79
2,967
1,281
3,765
2,606
*
1,838
2,859
2,444
398
2,289
2,813
2,896
14
2,611
2,430
3,328
34,539
2,702
2,697
2,853
*
2,747
2,613
3,556
2,594
2,918
2,501
1
2,902
2,737
3,204
1,447
30
1,018
93
1,163
62
34,025
6,575
1,061
56
235
764
209
437
1.641
2.641
2,617
*
1,300
2,583
2,538
2,501
1,755
2,439
1
2,138
2,528
2,767
27,450
Source:
Monthly Statement of the Public Debt of the United States and
Office of Government Financing in the Office of the Secretary.
1 / Beginning with February 1969 Treasury Bulletin, the definition of
U.S. Government accounts and all other investors is in conformity
with the unified budget concept.
Date
of final
maturity
1983
Feb.
Apr.
May
June
Oct.
Nov.
15....
1....
15....
15,78-83
1....
15....
Feb.
Aug.
Aug.
1985
Feb.
May
May
Aug.
15,
15.
1986
May
Aug.
Nov.
Description
8%-A
1-1/2%-EA
7-7/8%-C
3-1/4%
1-1/27.-EO
7%-B
Note
Note
Note
Bond
Note
Note
7-1/4%-A
6-3/8%
7-1/4%-B
Note
Bond
Note
Held by 1/
Issue
Date
2/17/76
4/1/78
4/5/78
5/1/53
10/1/78
11/15/76
U.S. Govt,
accounts and
Federal Re
serve banks
7,958
*
2,573
1,226
1
2,309
2,136
All
other
investors
89
227
5,822
*
2,484
999
1
2,214
14,067
2,547
11,520
2/15/77 8,438
8/15/72 2,353
8/15/77 2,863
3,900
1,399
372
4,538
954
2,491
13,654
5,671
7,983
2,755
558
641
3,219
8%-A
3-1/4%
1/4%
8-1/4%-B
Note
Bond
Bond
Note
2/15/78 4,203
737
6/3/58
4/5/60 1,036
8/15/78 4,837
1,448
179
395
1,618
10,813
3,640
7,173
7-7/8%-A
87.-B
6-1/8%
Note
Note
Bond
5/17/76 5,219
8/16/76 9,515
11/15/71 1,216
1,086
1,978
884
4,133
7,537
332
15,950
3,948
12,002
1987
1,771
Nov.
7-5/8%-A
Note
11/15/77
2,387
1988
May
Nov.
8-1/4%-A
8-3/4%-B
Note
Note
5/15/78
11/15/78
4,148
3,445
1,744
1,087
2,404
2,358
7,593
2,831
4,762
1990
Feb.
May
3-1/2%
8-1/47.
Bond
Bond
2/14/58
4/7/75
2,649
1,247
863
407
1,786
840
3,896
1,270
2,626
15,
15.
4-1/4%
7-1/4%
Bond
Bond
5/15/62
7/8/77
2,769
1,504
1,103
91
1,666
1,413
4,273
1,194
3,079
15,
4%
6-3/47.
7-7/8%
7-1/2%
8-5/8%
8-5/8%
Bond
Bond
Bond
Bond
Bond
Bond
1/17/63
1/10/73
1/6/78
8/15/73
7/11/78
10/10/78
173
627
1,501
1,914
1,768
1,509
48
209
127
1,318
121
61
125
418
1,374
596
1,647
1,448
7,492
1,884
5,608
Bond
Bond
1/11/79
4/18/63
1,509
999
n.a.
435
n.a.
564
692
1,869
328
714
364
1,155
2,561
1,042
1,519
1992
Aug.
Aug.
1993
Feb.
Feb.
Feb.
Aug.
Aug.
Nov.
1994
Feb.
May
15,
15.
Total.
15,
9%
4-1/8%
2,508
Total.
1995
Feb.
1998
May
Nov.
15,
15.
3%
Bond
2/15/55
7%
3-1/2%
Bond
Bond
5/17/76
10/3/60
1999
May
2000
Feb.
Aug.
2001
Aug.
2005
May
2007
Feb.
Nov.
8-1/2%
15,94-99
15,
Bond
5/15/74
2,414
1,649
7-7/8%
8-3/8%
Bond
Bond
2/18/75
8/15/75
2,771
4,662
595
2,082
2,176
2,580
7,433
2,677
4,756
15,
8%
Bond
8/16/76
1,575
822
753
15,
8-1/4%
Bond
5/15/75
4,246
2,178
2,068
15,
15.
7-5/8%
7-7/8%
Bond
Bond
2/15/77
11/15/77
4,249
1,495
1,554
264
2,695
1,231
5,744
1,818
3,926
2,103
2,429
747
738
1,356
1,691
4,532
1,485
3,047
15 j
15,
2008
Aug. 15,
Nov. 15,i
8/15/78
Bond
Bond 11/15/78
Total.
Treasury Note 7-3/87. Series C-1981 and 7-3/87. Series E-1981 were two
separate issues consolidated effective Sept. 1976. Series E-1981
notes were issued on April 5, 1976 but are treated as if they were
an additional issue of Series C-1981.
Less than $500,000.
n.a. Not available.
Treasury Bulletin
32
.PUBLIC DEBT OPERATIONS.
Table PDO-2. - Offerings of Bills
(Amounts in millions of dollars)
Description of new issue
Number of
days to
maturity 1J
Maturity
date
Issue date
Amount of
bids
tendered
Amounts of bids accepted
Total
Amount
On com
petitive
basis 2/
On noncom
petitive
basis 3/
Amount
maturing on
issue date
of new
offering
Total
unmatured
issues out
standing after
new issues
Regular weekly:
(13-week and 26-week)
/1979-Jan.
Apr.
f
Jan.
V Apr.
/
Jan.
V Apr.
f
Jan.
V Apr.
f
Feb.
V May
V
12..........
19..........
9..........
1A
OL
30
Dec.
1979-Jan.
7..........
405.3
240.3
396.4
224.2
2,303.8
3,405.7
29,74 6.5*
88,892.3r
2,306.5
3,408.0
1,894.5
3,162.9
1,910.1
3,183.8
2,305.9r
3,402.2
29,74 7.lr
88,898.Or
2,302.4
3,392.2
1,834.7
3,115.6
467.7
276.6
387.5
249.4
2,302.7
3,401.4
2,303.7r
3,406.4
29,74 6.8r
88,888.8r
29,74 5.Or
88,869.4*
4
5
11
12
18
19
91
182
4,725.4
5,762.9
2,299.8
3,403.2
91
182
4,321.4
5,347.1
91
182
25
26
91
182
4,571.7
5,142.5
4,158.2
5,185.2
2,301.9
3,387.0
1,914.4
3,137.6
350.9
29,74 4.9r
5,278.1
2,301.9
3,502.7
1,951.0
3
91
182
4,461.8
3,277.8
224.9
2,301.9
3,503.8
88,868.2r
1
(
V
Feb.
May
8
10
91
182
4,440.0
5,914.1
2,303.8
3,403.1
1,949.7
3,127.5
354.1
275.6
2,3071I t
3,403.2
29,741.5r
88,868.1r
f
Feb.
May
15
17
91
182
4,238.9
5,901.0
2,306.9
3,406.7
1,861.3
3,049.5
445.5
357.2
2,301.6r
3,404.5
29,746.7r
88,870.3r
y
Feb.
May
90
181
4,306.9
5,501.5
2,801.4
2,901.6
2,444.3
2,621.5
357.1
280.1
Mar.
May
91
182
5,173.9
4,524.8
2,804.2
2,902.6
2,4 86.6
2,716.6
317.5
186.0
f
\
Mar.
June
Mar.
June
91
182
91
182
5,400.4
5,007.9
4,993.8
4,909.2
2,702.6
2,901.3
2,804.1
2,903.2
2,310.4
2,642.3
2,409.7
2,648.4
392.2
259.0
394.4
254.8
2,300.4r
3,407.3
2,302.7r
3,406.5
2,207.1
3,402.9
2,307.6
3,410.3
30,247.7r
88,364.6r
f
\
22
24
1
31
8
7
15
14
1
/
30,749.2
87,860.6r
31,244.7
87,359.lr
14....
f
\
21..........
t
i
Mar.
June
22
21
91
182
5,790,4
5,180.4
2,709.9
2,903.5
2,381.0
2,675.7
328.9
227.8
2,203.7
3,404.0
32,247.5
86,351.4r
28..........
f
\
Mar.
June
29
28
91
182
4,940.0
6,233.4
2,806.6
2,906.8
2,472.4
2,710.0
334.2
196.8
2,302.1
3,403.1
32,752.0
85, 55.lr
(
4..........
/
Apr.
July
5
5
91
182
4,708.9
6,440.4
2,807.9
2,907.3
2,401.9
2,657.-3
406.0
250.0
2,299.8
3,403.3
33,260.1
85,359.1
/
^
Apr.
July
12
12
91
182
5,291.2
4,682.8
2,801.5
2,909.2
2,288.7
2,525.1
512.8
384.1
2,306.5
3,402.7
33,755.0
84,865.6
f
^
Apr.
July
19
19
91
182
5,276.7
5,625.2
2,807.6
2,905.5
2,322.8
2,602.7
484.7
302.8
2,302.4
3,403.1
34,260.2
84,368.0
(
V
Apr.
July
26
26
91
182
5,158.1
5,445.8
2,801.7
3,001.9
2,375.8
2,726.1
425.9
275.9
2,301.9
3,502.6
34,760.0
83,867.2
1979-Jan.
Feb.
Mar.
Apr.
May
9
6
6
3
1
29
26
24
21
18
16
13
11
8
364
364
364
364
364
364
364
364
364
364
364
364
364
364
5,568.3
5,664.0
5,699.4
6,056.0
4,695.4
5,767.6
4,435.3
4,950.0
4,630.0
6,368.8
6,041.0
6,438.6
6,759.5
5,851.9
3,204.8
3,252.7
3,320.9
3,346.0
3,024.4
2,478.2
2,783.7
3,379.1
3,543.4
3,351.8
3,473.2
3,895.3
4,027.7
3,703.3
3,087.5
3,169.9
3,221.1
3,258.4
2,945.9
2,371.2
2, 695.4r
3,283.6
3,446.8
3,263.3
3,376.6
3,784.0
3,921.8
3,520.2
117.4
82.8
99.8
87.5
78.6
106.9
8 8 .4
95.5
96.7
88.5
96.5
111.3
105.9
183.1
3,070.7
3,105.5
3,208.3
3,342.5
2,966.1
2,454.3
2,252.9
3,037.6
3,004.7
3,035.9
3,162.3
3,587.4
3,838.0
3,204.8
40,200.3
40,347.5
40,460.1
40,463.6
40,521.9
40,545.7
41,076.6
41,418.1
41,957*3r
42,273*.2r
42,584.1r
42,891.9r
43,081.7r
43,580.1
18..........
25..........
31,741.3
86,852 Or
52-weeks:
1978- Jan. 10..........
Feb.
7..........
Mar.
7..........
Apr.
4 ..... .....
May
2..........
30..........
June 27..........
July 25..........
Aug. 22..........
Sept. 19..........
Oct. 17..........
Nov. 14..........
Dec. 12..........
1979-Jan.
9..........
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1980-Jan.
Footnotes at end of table.
February 1979
33
.PUBLIC DEBT OPERATIONS.
Table PDO-2. - Offerings of Billfe—Continued
(to competitive bids accepted
On total bids accepted
High
Average price
per hundred
Equivalent average
rate 4/
rice per hundred Equivalent rate 4/
Regular weekly:
(13-week and 26-week)
19.
26.,
9.
16.
24.
Equivalent rate 4/
(Percent)
(percent)
(Percent)
I
Price per hundred
8.142
8.357
97.938
95.763
8.169
8.381
97.919
95.753
8.233
8.401
8.209
8.561
97.928
95.694
8.197
8.517
97.911
95.730
97.923
95.658
8.264
8.446
8.217
8.589
98.003
95.646
7.900
8.612
98.010
95.659
_8/
7.873
8.587
98.001
95.642
7.908
8.620
97.863
95.459
8.454
8.982
97.901
95.515
-2/
8.304
8.871
97.852
95.425
8.498
9.049
97.718
95.238
97.828
95.303
9.028
9.420
8.593
9.291
97.725
95.244
97.836
95.311
9.000
9.047
8.561
9.275
97.714
95.233
97.823
95.299
9.044
9.429
8.612
9.299
97.937
95.765
8.162
8.377
97.942
95.775
97.914
95.742
8.253
8.423
97.925
95.672
5/
6/
.1/
JO/
97.826
95.477
( 97.683
95.283
8.696
8.996
97.874
95.490
11/
8.504
8.970
97.807
95.472
8.722
9.006
9.166
9.330
97.689
95.299
JL2/
9.142
9.299
97.729
^ 95.339
8.984
9.219
97.734
95.349
97.678
95.273
97.727
95.330
9.186
9.350
8.992
9.237
f 97.743
V, 95.317
8.928
9.263
97.750
95.326
97.665
95.185
9.237
9.524
97.667
95.193
9.229
9.508
97.741
95.314
97.665
95.177
8.937
9.269
9.237
9.540
97.640
95.157
9.336
9.579
97.654
95.159
JJ/
is'
9.316
9.576
97,633
95.144
9.364
9.605
f 97.627
95.172
9,388
9.550
97.639
95.184
19/
9.340
9.526
97.613
95.169
9.443
9.556
97.645
^ 95.226
9.317
9.443
97.651
95.240
20/
9.293
9.415
97.643
95.218
9.324
9 .459
{95.180
97.621
9.411
9.534
97.631
95.197
9.372
9.500
97.616
95.173
9.431
9.548
f 97.652
95.210
9.289
9.474
97.663
95.219
9.245
9.457
97.644
95.207
9.320
9.481
June
93.375
93.110
93.065
93.047
92.849
92.501
92.237
6.552
6.814
6.859
6.877
7.073
7.417
7.678
93.384
93.125
93.086
93.065
92.883
92.508
92.265
93.368
93.097
93.053
93.040
92.828
92.499
92.217
6.559
6.827
6.871
6.884
7.093
7.419
7.697
July
Aug.
Sept.
Oct.
Nov.
Dec.
)-Jan.
92.093
92.037
91.958
91.636
90.584
90.576
90.288
7.820
7.876
7.954
8.272
9.312
9.320
9.605
92.123
92.103
91.972
91.653
90.602
90.587
90.313
6.543
6.799
6.838
6.859
7.039
7,410
7.650
7.790
7.810
7.940
8,255
9.295
9.310
9.581
92.079
91.965
91.948
91.628
90.556
90.569
90.261
7.834
7.947
7.964
8.280
9.340
9.327
9.632
14.
28.
:-Jan.
Feb.
Mar.
Apr.
May
30..............
Footnote° on following page.
8.964
9.200
_1V
21/
23/
24/
25/
26/
27/
28/
8.901
9.245
Treasury Bulletin
34
.PUBLIC DEBT OPERATIONS
Footnotes to Table PDO-2.
Source:
Monthly Statement of the Public Debt of the United States and
11/ Except $200,000 at 97.925 and $10,000 at 97.900.
allotments.
12/
Except $410,000 at 97.704.
13/ Except $10,000 at 95.450.
1/ The 13-week bills represent additional issues of bills with an
original maturity of 26 weeks.
14/ Except $500,000 at 95.336.
2/ For bills issued on or after May 2, 1974, includes amounts exchanged
15/ Except $10,000 at 97.750.
on a noncompetitive basis by Government accounts and Federal Reserve
16/ Except $10,000 at 95.231.
banks.
17/
Except $1,050,000 at 97.649.
18/ Except $500,000 at 95.197.
3/ For 13-weeks bill, 26-week tender for $500,000 or less from any one
bidder are accepted in full at average prices of accepted competitive
19/ Except $600,000 at 95.238.
bids; for other issues, the corresponding amount is stipulated in each _
20/ Except $25,000 at 95.248.
offering announcement.
21/ Except $10,000 at 97.653 and $405,000 at 97.637.
22/ Except $5,000,000 at 93.403 and $930, 000 at 93.410.
4/ Bank discount basis.
5/ Except $10,000 at 97.945.
23/ Except $10,000,000 at 93.074 and $130,000 at 93.140.
6/ Except $15,000 at 96.100 and $500,000 at 95.785.
24/ Except $165,000 at 92.599.
7/ Except $180,000 at 97.977.
25/ Except $1,105,000 at 92.240.
8/ Except $7,445,000 at 95.695 and $10,000 at 95.672.
26/ Except $1,000,000 at 91.745, $1,000,000 at 91,740 and $1,000,000
at 91.7.38.
9/ Except $10,000 at 95.640?
Except $620,000 at 91,000.
Except
$160,000
at
95.248.
27/
10/
28/ Except $815,000 at 90.400 and $100,000 at 90.336.
Revised.
February 1979
35
.PUBLIC DEBT OPERATIONS.
Table PDO-3. - New Money Financing through Regular Weekly Treasury B illsi/
(Dollar amounts in millions)
Description of issue
Maturity
date
Issue
date
Apr.
May
July
1977-Apr.
May
Amount
of bids
accepted
Average rate
of bids
accepted
(Percent)
New money
increase, or
decrease (-)
1
1
90
181
$4,957
5,942
$2,901
3.301
5.207
5.508
$500
Apr.
July
8
8
91
182
5,084
6,539
3.004
3.501
5.226
5.521
501
15..
Apr.
July
15
15
91
182
5,783
5,457
2,992
3.403
4.827
5.066
490
22..
Apr.
July
22
22
91
182
4,588
5,488
3.001
3,393
4.782
5.046
487
29..
Apr.
July
29
29
91
182
4,774
5.844
3.102
3.502
4.763
5.051
702
5..
May
Aug.
6
5
91
182
4,505
6,558
3,109
3,804
4.812
5.066
708
13..
May
Aug.
13
12
90
181
4,709
6,212
3.102
3.902
4.872
5.133
700
26..
May
Aug.
27
26
91
182
4,700
5,121
2.902
3,731
4.869
5.204
199
-193
22..
July
Oct.
22
21
91
182
5.504
5,370
2,506
3.404
4.763
5.089
29..
July
Oct.
29
28
91
182
5,572
6,033
2,609
3.502
4.910
5.230
-195
6..
Aug.
Nov.
5
4
91
182
5,557
7,702
2.603
3.601
4.920
5.338
-209
13..
Aug.
Nov.
12
12
91
183
5,739
6,519
2.603
3.602
5.072
5.425
-199
20..
Aug.
Nov.
19
18
91
182
4,624
6,508
2.502
3.503
5.250
5.727
-205
27..
Aug.
Nov.
26
26
91
183
4,955
7,382
2,500
3.602
5.495
5.908
-211
3..
Sept.
Dec.
2
2
91
182
3,915
6,567
2.504
3.503
5.577
5.952
-295
10..
Sept.
Dec.
9
9
91
182
5,514
7,017
2,309
3,399
5.460
5.768
-292
17..
Sept.
Dec.
16
16
91
182
4,360
5,364
2.103
3.202
5.380
5.695
-291
24..
Sept.
Dec.
23
23
91
182
4,376
5,523
2,106
3.103
5.356
5.722
-302
1.,
Sept.
Dec.
30
30
91
182
4,163
5,222
2.302
3,402
5.368
5.754
-200
8.,
~
Oct.
il977-Jan.
7
6
91
182
4,251
7.809
2.505
3.506
5.411
5.767
-188
15.,
'1976-Oct.
11977-Jan.
14
13
91
182
7,134
6,198
2.514
3.503
5.190
5.430
-92
28.,
f
1
July
Oct.
28
27
91
182
5.032
5.845
2.303
3.300
4.518
4.839
-405
5.,
i
1
Aug.
Nov.
4
3
91
182
4,375
6,054
2.304
3,307
4.807
5.052
-702
12.
'
L
Aug.
Nov.
11
10
91
182
4,449
6,065
2,204
3.303
4.823
5.131
-898
19.
’
L
Aug.
Nov.
18
17
91
182
4,636
6,288
2.103
3.203
4.996
5.234
-701
t
f
y
Aug.
Nov.
Sept.
Dec.
25
25
1
1
91
183
91
182
4.033
6.505
4,056
5,487
2,099
3.201
2.004
3,102
5.142
5.353
4.993
5.192
9.
f
L
Sept.
Dec.
8
8
91
182
4,016
6,337
2,007
3.002
5.047
5.234
-697
16.
[
L
Sept.
Dec.
15
15
91
182
4.060
5,206
2.003
3.001
5.000
5.166
-308
|
1
f
V
Sept.
Dec.
Sept.
Dec.
22
22
29
29
91
182
91
182
3,751
4,987
2,000
3.001
5.013
5.222
-208
4,194
6,347
2.104
3.201
4.965
5.172
-402
(
Oct.
U978-Jan.
6
5
91
182
3,753
5.809
2.303
3.305
5.045
5.246
-398
14.
/l977-0ct.
u.978-Jan.
13
12
91
182
4,379
5,821
2.203
3.404
5.162
5.357
-296
21.
Jl977-Oct.
U978-Jan.
20
19
91
182
4,221
6,627
2.301
3,408
5.214
5.436
-197
15.
/1977-Dec.
\l978-Mar.
15
16
91
182
4,083
6,015
2.515
3,377
5.887
6.098
786
22.
/l977-Dec.
\1978-Mar.
22
23
91
182
5,678
5,685
2.507
3.502
5,851
5.976
905
2,303r
3.503
6.084
6.384
301
2.
23.
30.
Sept.
Amount
of bids
tendered
1977-Apr.
July
26.
July
Number of
days to
maturity
7.
25.
i
[
^
Feb.
May
23
25
90
181
4.809
6.061
-909
-903
36
Treasury Bulletin
Ptrm.Tf! 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
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 1/
(Percent)
New money
increase, or
decrease (-)
1.......
/l978.Mar.
\
June
2
1
91
182
$4,535
7,041
$2,302
3,501
6.057
6.371
*\
/
8.......
f
\
Mar.
June
9
8
91
182
4,438
7,124
2,207
3,403
6.048
6.348
\
15.......
[
t
Mar.
June
16
15
91
182
5,025
5,928
2,311
3,405
6.073
6.371
29.......
f
\
Mar.
June
30
29
91
182
4,378
7,193
2,105
3,386
6.152
6.460
f
18
17
91
182
4,516
6,266
2,324
3,509
6.453
6.745
A
\
May
Aug.
23.......
j
I
May
Aug.
25
24
91
182
2,413
3,501
6.460
A
j
t
June
Aug.
1
31
91
182
J
9.......
f
f
June
Sept.
8
7
91
182
4,975
6,901
2,307
3,503
2,197
3,407
6.755
6.428
6.709
J
2.......
4,677
6,341
4,699
6,525
6.349
6.676
J
30.......
f
{
June
Sept.
29
28
91
182
4,423
5,714
2,305
3,403
6.311
6.666
J
May
25.......
J
(
Aug.
Nov.
24
24
/
1
Aug.
Nov,
31
30
4,380
5,906
4,496r
5,569r
2,204
3,407
2,211r
3,407r
J
1.......
91
383
91
182
6.476
7.141
June
1977-Dec.
1978-Feb.
Mar.
16.......
Source:
See Table PDO-2.
1/ Equivalent average rate on bank discount basis,
r Revised.
6.658
7.161
J
\
/
\
J
/
401
399
200
88
228
208
I
203
\
195
\
300
\
\
J
-305*
-190r
February 1979
37
.PUBLIC DEBT OPERATIONS.
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
(Dollar amounts in millions)
Date subscrip
tion books
closed or
tenders re
ceived
Issue
date
Description of securities 1/
1 /7 /7 6
1 /13/76
1/1 4 /7 6
2 /3 /7 6
2 /4 /7 6
2 /5 /7 6
2 /5 /7 6
1A 3 /7 6
1/26/76
2 /2 /7 6
2/1 7 /7 6
2/10/76
2/L7/76
2A 7 /7 6
5.576%
7-3/6%
6-3/6%
6%
5.572%
7%
6-1/4%
Bill
Note
Note
Note
Bill
Note
Bond
2 /20/76
3/3 /7 6
3/5 /7 6
3 /18/76
y
3 /24/76
3 /29/76
3 /3 /7 6
3 /9 /7 6
3 /1 7 /7 6
3 /31/76
4/1 /7 6
4/5 /7 6
4/6 /7 6
6-5/6%
6.010%
7-1/2%
1-1/2%
7-3/6%
5.78155
Note
Bill
Note
Note
Note
Note
Bill
4 /29/76
5 /4 /7 6
5 /5 /7 6
5 /7 /7 6
5/4 /7 6
5/17/76
5/17/76
5/17/76
5.645#
6-1/2#
7-7/6%
7-7/6%
Bill
Note
Note
Bond
5 /3 /7 7
4/30/78-L
5/15/86-A 2 /
2 /1 5 /95-2000-Reopening
5/19/76
5/26/76
6/7 /7 6
6 /3 /7 6
6/1/76
6/1 /7 6
6 /8 /7 6
6/L0/76
7-1/6%
6.309%
5.520%
7-5/6%
Note
Bill
Bill
Note
5/31/78-M
5/31/77
6/17/76-Reopening
6/30/80-D
6/23/76
6/2 1 /7 6
6 /29/76
6 /29/76
6/30/76
7 /9 /7 6
6.061%
6-7/6%
7-5/6%
Bil3
Note
Note
6/28/77
6/30/7 &-N
8/15/81-F
7 /2 1 /7 6
7/20/76
* /3 /7 6
8/4 /7 6
8 /6 /7 6
8/18/76
7/27/76
7 /30/76
8/16/76
8/16/76
8A 6/76
8/24/76
5.739%
6-7/6%
6-7/6%
6%
6%
5.634#
6-5/6%
6-7/6%
1-1/2%
5.561%
6-1/4%
7%
Bill
Note
Note
Note
Bond
Bill
8/19/76
8/31/76
6/
9/15/76
9/21/76
9 /28/76
8/31/76
9/14/76
1 0 A /7 6
9/21/76
9/30/76
10/12/76
6-3/4%
1/11/77
5/15/81-D
I/3I/78-J
2/15/83-A 1/
2/8/77
2/15/79-H
5/15/2000-05 Reopening
11/30/77-Q
3/8/77
3/31/80-C
3/31/78-K
4/1/81-EA
2/15/81-E
4/5/77
Note
Note
Note
Bill
Note
Note
7/26/77
7/31/78-P
8/15/79-J
8/15/86-B 2 /
8/15/1996-2001
8/23/77
8/31/78-Q
9/30/80-E
10A/81-E0
9/20/77
9/30/78-R
11/15/81-G
10/18/77
10/31/78-S
ll/15/79-K
11/15/83-B
2/15/95-2000-Reopening
11/15/77
I2/31/8O-F
4/21/77-Reopening
12/13/77
12/31/78-U
2/L5/82-D
1/10/78
1/31/79-L
2/15/80-G
2/07/78
2A5/84-A
2/15/2002-07
final
maturity
(years, m< nths,
days) 2/
364d
5y 4m
2y
7y
364d
3y
29y 3m
ly 9m
364d
4y
2y
5y
4y 10-l/2m
364d
364d
2y
lOy
23y 9m
2y
364d
9d
4y lm
364d
2y
5y lm
364d
2y
3y
10y
25y
364d
2y
4y
5y
6-1/4#
7#
7-7/8#
5.201#
Bill
Note
Note
Note
Bond
Bill
11/18/76
11/30/76
12 /7 /7 6
12/8 /7 6
12/20/76
12/28/76
1/05/77
1/19/77
2/01/77
2 /0 2/77
2 /03/77
2/04/77
11/30/76
12/7/76
12/10/76
12A4/76
12/31/76
1/06/77
1/11/77
2/0 3 /7 7
2/15/77
2/08/77
2/1 5 /7 7
2/15/77
5 ^ 1
4.448#
4.708#
5-1/4%
6-1/8#
4.728#
5-7/8#
6-1/2#
5.345#
7-1/4#
7-5/8#
Note
Note
Bill
Bill
Note
Note
Bill
Note
Note
Bill
Note
Bond
5-7/8#
6-7/8#
5.226#
6#
7#
5.158#
1-1/2#
4.632#
5-7/6%
5.163#
7-1/4#
7-5/8#
Note
Note
Bill
Note
Note
Bill
Note
Bill
Note
Bill
Note
Bond
2/28/79-M
2y
3/31/81-H
4y
3/7/78
3/31/79-N
2y
5/15/82-E
5y
4/4/78
4/1/82-EA
5y
4/21/77-Reopening
4/30/79-P
2y
5/2/78
6y
2A5/84-A-Reopening
2A5/2002-2007-Reopening 29y
Note
Note
Bill
5/31/79-Q
6/30/81-J
5/30/78
2y
4y lm
Bill
Note
Bill
Bond
6/16/77-Reopening
6/30/79-R
6/27/78
8/15/92
2y
7/31/79-S
7/2 5 /7 6
2y
5.126#
5-7/8#
2 /17/77
2 /2 3/77
3/2 /7 7
3/22/77
3/2 9 /7 7
3/30/77
6/
4 /1 /7 7
4/L9/77
4/27/77
5 /3/77
5/4 /7 7
2/28/77
3 /8 /7 7
3 /8 /7 7
3/31/77
5A 8/77
5/24/77
5/25/77
5/31/77
6/3 /7 7
5/31/77
6/03/77
6/21/77
6/22/77
6/28/77
6/07/77
6/30/77
6/28/77
7/08/77
6-1/8#
6-3/4#
5.403#
5.240#
6—l/8#
5.408#
7-1/4%
7A 9 /7 7
7/20/77
8/01/77
7/26/77
6-1/4#
5.647#
Note
Bill
8/02/77
8/03/77
8/04/77
8/17/77
6/15/77
8/15/77
8/15/77
8/23/77
6-3/4#
Note
Note
Bond
Bill
4/4/77
4/5/77
4 A /7 7
4/6 /7 7
5/2/77
5/3 /7 7
5/16/77
5A 6/77
7-1/4#
7-5/8#
6.105#
8/15/80-H
8/15/84-B
2A 5 /2 0 0 2 -07-Reopening
8/22/78
4,959
5,666
5,507
4,851
5,180
6,046
5,668
4,712
9,000
1,525
4,952
4,381
6,007
5,246
4,856
4,296
5,581
5,663
4,829
5,693
24,426
2,556
4,934
4,827
5,442
6.454
5,335
4,205
_
1,939
1,600
215
_
_
97
*
_
_
300
472
117
82
692
_
700
1,476
592
-
In exchange
V
IQ/
11/
12/
2,628
3,203
3,335
2,274
4,747
750
300
472
117
16/
12/
18/
2,485
2,921
2,010
2,185
82
-
12/
692
_
700
1,476
592
-
21/
22/
54
14
326
98
70
50
136
22/
2,628
3,105
2,069
3,066
2,612
2,638
2,586
2,977
2,855
2,289
8,039
983
2,953
2,805
2,692
2;005
3,505
3,124
2,697
3,071
2,855
3,308
3.105
2,024
752
252
1,300
881
391
9,460
4,900
5,478
3,699
190
_
264
-
2,695
2,809
3,208
2,995
2,613
3,342
4,506
1,882
2,966
2,909
1,003
1,898
2,514
2.454
2,002
2,044
2,253
1,504
150
523
1
110
2,623
900
190
264
-
364d
4,706
5,901
65
-
3,115
3,038
425
300
199
364d
7,968
5j041
2,143
6,144
3,708
2 ;563
1,003
3,005
65
425
300
199
—
365d
132d
364d
2y
5y lm
364d
2y
3y
364d
7y
SOy
lm
364d
lm
364d
15d
364d
9m
9m
364d
9d
364#
15y lm
3y
7y
29y 6m
5,219
4,324
5,691
6,469
1,545
5,376
4,090
5^621
4,700
6,940
6,596
5,318
7,053
5,874
6,190
5,909
4,778
2,352
6,477
5,070
6,265
4,789
3,917
6,986
14,940
3,239
6,196
6,160
2,676
4,223
4,777
4,971
252
1,300
_
881
391
150
523
1
_
110
2,623
900
Allot
ment
ratio
_
1,939
1,600
215
97
*
-
3,069
2,020
2,508
6,019
2,930
3,092
402
136
364d
2y
3y
7y
23y 3m
2y
4y lm
4,901
3,328
3,603
29,211
4,913
4,481
712
Exchange
For
cash
2,895
2,141
2,917
2,868
2,543
2y
5y
10A 9/76
11/1/76
11/15/76
11/15/76
11/15/76
11/15/76
Cash
Amount issued 2/
54
14
_
326
98
70
50
-
364d
10/13/76
10/21/76
1 1/3/76
11/4/76
11/5 /7 6
1 1/9/76
Amount of sub
scriptions tendered
3,095
2,822
3,306
2,259
1,001
3,402
2/
5/
12/
14/
12/
20/
22/
24/
25/
26/
26/
22/
10/
31/
22/
22/
24/
-
22/
26/
23/
40/
42/
44/
42/t
4k/
42/
46/
42.
30/
il/
52/
iV
15/
5ft/
Treasury Bulletin
38
.PUBLIC DEBT OPERATIONS.
Tabie PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills—Continued
(Dollar amounts In millions)
Date subscrip
tion boots
closed or
tenders re
ceived
Issue
date
Description of securities l/
Note
Note
8/31/79-T
9/30/81-K
Bill
Bill
Bill
Note
Note
9/15/77-Reopening
9/22/77-Reopening
9/19/78
9/30/79-U
10/1/82-E0
Period to final
maturity
(year, months,
days) 2 /
2y
4y lm
9/01/77
9/06/77
9/14/77
9/21/77
6/
9/20/77
9/30/77
10/1/77
6-5/8#
6-3/4#
5.760#
5.760#
6.156#
6-5/8#
1-1/2#
10/5/77
10/12/77
10/18/77
10/28/77
10/17/77
10/18/77
10/31/77
11/15/77
7-1/8#
6.619#
7-1/4#
7-1/8#
Note
Bill
Note
Note
11/15/82-F
10/17/78
10/31/79-V
ll/l5/80-J
11/1/77
11/2/77
11/4/77
11/9/77
11/22/77
11/29/77
11/30/77
11/15/77
11/15/77
11/7/77
11/15/77
11/30/77
12/2/77
12/7/77
7-5/8#
7-7/8#
6.390#
6.542#
7-1/8#
6.273#
7-1/4#
Note
Bond
Bill
Bill
Note
Bill
Note
ll/15/87-A
11/15/2002-07
ll/15/77-Reopening
11/14/78
11/30/79-W
4/20/78-Reopening
12/31/81-L
12/7/77
12/21/77
12/27/77
12/13/77
1/3/78
1/6/78
6.545#
7-1/8#
7-7/8#
Bill
Note
Bond
12/12/78
12/31/79-X
2/15/93
2y
15y lm
1/04/78
1/18/78
1/31/78
1/10/78
1/31/78
2/15/78
6.552#
7-1/2#
7-1/2#
Bill
Note
Note
1/09/79
l/31/80-K
5/15/81-M
2y
3y 3m
2/01/78
2/01/78
2/02/78
2/16/78
2/22/78
2/07/78
2/15/78
2/L5/78
2/28/78
3/6/78
6.814#
8#
8-I/4#
7-5/8#
7-7/8#
Bill
Note
Bond
Note
Note
2/6/79
2/15/85-A
5/15/2000-05
2/29/80-L
3/31/82-G
3/1/78
3/3/78
-3/22/78
6/
3/28/78
3/29/78
3/30/78
3/7/78
3/8/78
3/31/78
4/1/78
4/5/78
4/4/78
4/3/78
7-1/2#
1-1/2#
7-7/8#
6.877#
6.645#
I :®
Bill
Bill
Note
Note
Note
Bill
Bill
'20/78-Reopening
3/31/80-C-Reopening
4/1/83-1A
5/15/83-C
4/3/79
4/27/78-Reopening
4/19/78
4/26/78
5/1/78
5/2/78
7-3/4#
7.072#
Note
Bill
5/2/78
5/3/78
5/23/7S
5/24/78
5/31/78
6/1/78
6/20/78
6/21/78
6/28/78
5/15/78
5A5/78
5/31/78
5/30/786/7/78
6/2/78
6/30/78
6/27/78
7/11/78
8-1/4#
8-3/8#
8#
7.417#
8-1/4#
7.110#
8-1/4#
7.678#
8-5/8#
Note
Bond
Note
Bill
Note
Bill
Noue
Bill
Bond
7/19/78
7/20/78
7/25/78
7/31/78
7.820%
8-1/2%
8/1/78
8/2/78
8/3/78
8/15/78
8/15/78
8/15/78
8-3/8#
8-1/4#
8-3/8#
Note
Note
Bond
8/16/78
8/23/78
8/29/78
8/22/78
8/31/78
9/6/78
9/19/78
10/2/78
10/10/78
7.875%
8-3/8%
8-3/8%
7.954#
8-5/8#
8-5/8#
Bill
Note
Note
Bill
Note
Bond
8/21/79
8/31/80-S
9/30/82-J
9/18/79
9/30/80-T
11/15/93
10/1/78
10/17/78
10/31/78
11/15/78
11/15/78
11/15/78
11/14/78
11/30/78
12/12/78
1-1/2%
8.272%
8-7/8%
9-1/%
8-3/4%
8-3/4%
9.313%
9-1/4%
9.320%
Note
Bill
Note
Note
Note
Bond
Bill
Note
Bill
lO/l/83-EO
10/16/79
10/31/80-U
5/15/82-K
11/15/88-B
11/15/2003-08
11/13/79
11/30/80-V
12/11/79
1/2/79
1/2/79
1/9/79
1/11/79
1/31/79
2/6/79
2/15/79
2/15/79
9-7/8%
9-3/8%
9.605%
9%
Note
Note
Bill
Bond
12/31/80-W
12/31/82-L
1/8/80
2/15/94
2y
4y
9-3/4%
9.348%
9%
8-3/4%
Note
Bill
Note
Bond
1/31/81-P
2/5/80
2/15/87-B
11/15/2003-08-Reopening
2y
8/23/77
8/30/77
9/13/78
9/20/78
9/27/78
6/ ~
10/12/73
10/24/78
10/31/78
11/2/78
11/3/78
11/8/78
11/21/78
12/6/78
12/19/78
12/20/78
1/3/79
1/4/79
1/23/79
1/31/79
2/6/79
2/7/79
8/31/77
9/07/77
Bill
Note
4/30/80-N
5/1/79
5/15/88-A
8/15/95-00-Reopening
5/31/80-P
5/29/79
6/30/82-H
6/22/78-Reopening
6/30/80-Q
6/26/79
8/15/93
9d
I6d
364d
2y
5y
5y lm
364d
2y
3y
lOy
30y
8d
364d
2y
139d
4y lm
364d
364d
Amount of sub
scriptions tendered
Cash
7,009
5,148
4,316
5,278
5,117
123
_
6,116
90
1
6,116
3,977
6 843
9,297
4,266
2,922
6,416
5,693
8,724
7,406
5,423
5,826
4,245
2,967
5,481
6,683
5,444
364d
24d
5,521
4,859
3,381
5,245
5,8l7p
5,592
7,284p
6,132p
5,586p
6,053p
10,867p
364d
5,327p
4,638p
7y
27y 3m
2y
4y lm
364d
43d
2y
5y
5y lm
2y
5,017p
3,100p
lOy
22y 3m
2y
364d
4y lm
20d
2y
364d
15y lm
364d
2y
3y 6m
lOy
30y
364d
2y
364d
364d
15y lm
364d
8y
29y 9m
-
_
328
_
272
1,000
_
1,200
771
53
-
_
312
*
-
428
1,600
895
90
1
60/
i;&7
-
61/
4.116
3,975
218
625
££/
^2/
2,014
1,255
2,505
3,587
4,680
3.004
3,452
373
240
64/
£5/
112
££/
-
£Z/
3,838
3,592
1,501
328
-
68/
£2/
3,205
3,603
2,890
272
1,000
20/
11/
1,200
771
53
22/
22/
U J
25/
3.253
3,003
1.254
3,767
2,835p
3,321
3,004p
3,690p
312
*
26/
2,555p
3,343p
6,006p
-
22/
2,730p
3,022p
428
28/
2,502p
l,500p
1,600
895
22/
80/
2,898p
2,478p
2,257p
6.005
3,567*>
177
&/
-
82/
794
82/
2>,781p
l,757p
Uj
375
85/
1,200
1,434
600
200
511
*
203
978
931
678
250
"
2,823p
3,330p
l,501p
1,200
1,434
600
M/
82/
88/
200
-
89/
90/
511
*
21/
2a/
203
978
931
678
93/
94/
95/
96/
250
97/
5,315p
5,851p
5,349p
3,255p
450
437
450
437
98/
99/
-
3,045p
2,707p
3,698p
1,502p
-
100/
4,044p
4,701p
5,210p
4,304p
151
931
800
2,936p
3,536p
2,
’J ° l P
p
151
101/
§35
102/
107/
5,384p
4,078p
2,588p
5y
112
3,771
12/
-
2y
2y
15y lm
-
123
3,377p
3,738p
3y
7y
30y
364d
373
240
3,359
2,968
901
903
3,036
Allotnent
ratio
375
8/15/81-N
8/15/85-B
8/15/2003-08
364d
-
218
625
In exchange
U
794
-
4,948p
4,981p
2y
4y lm
-
For
cash
5,792p
5,767p
5,026p
12,285
4,856p
4,433p
4,131p
7/24/79
7/31/80-R
Source:
Bureau of the Public Debt.
Note: All securities except EA & E0 notes and those bearing footnote 5
were sold at auction through competitive and noncompetitive bidding.
1/ For bill issues, always sold at auction, the rate shown is the equi
valent average rate (bank discount basis) of accepted bids. Other
securities issued at par except those bearing footnote i*-and those
sold at auction. For details of bill offerings see Table EDO-2.
2/ From date of additional issue in case of a reopening.
i/ In reopenings the amount issued is in addition to the amount of
original offerings.
364d
Exchange
Amount issued 2 /
4,626p
6,129p
3,880p
6,365p
5,125p
2,480p
5,733p
4,512p
7,032p
3,162p
4,877p
6,131p
4,963p
6,572p
177
-
_
-
3,589p
3,291p
2,254p
3,34Sp
3,355p
l,504p
3,469p
3,552p
2,512p
2,501p
l,752p
3,893p
2,902p
4,023p
i J For securities exchanged for the new issues see Table PDO-7.
j>/ Sold at fixed price by subscription.
6/ Exchange offering available to owners of nonmarketable 2-3/4# Treasury
bonds, investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasury Bulletin for April
1951, page A-l.
7/ Yields accepted ranged from 7.35# (price 100.108) up to 7.42# (price
99.806) with the average at 7.40# (price 99.892).
8/ Yields accepted ranged from 6 .4I# (price 99.935) up to 6.51# (price
99.751) with the average at 6 .49# (price 99.788).
February 1979
39
PUBLIC DEBT OPERATIONS
Footnotes to Table PDO-4.
2 / All accepted subscriptions were awarded at the price of 100.00
(yield 8.00$).
10/ Yields accepted ranged from 7.00$ (price 100.000) up to 7.09% (price
99.761) with the average at 7,05$ (price 99.867).
H / Prices accepted ranged from 102.14 (yield 8.05$) down to 101.42
(yield 8.12$) with the average at 101.75 (yield 8.09$).
12/ Yields accepted ranged from 6.57$ (price 100.039) up to 6 .64$ (price
99.925) with the average at 6.62$ (price 99.957).
13/ Yields accepted ranged from 7.50$ (price 99.990) up to 7.55$ (price
99.818) with the average at 7.54$ (price 99.853).
14/ Yields accepted ranged from 6.71$ (price 100.074) up to 6.80$ (price
99.908) with the average at 6.76$ (price 99.982).
15/ Yields accepted ranged from 7.35$ (price 100.101) up to 7.39$ (price
99.940) with the average at 7.38$ (price 99.980).
16/ Yields accepted ranged from 6.59$ (price 99.837) up to 6.63$ (price
99.765) with the average at 6.61$ (price 99.801).
17/ All accepted subscriptions were awarded at the price of 100.00
(yield 7.875$).
18/ Prices accepted ranged from 97.50 (yield 8.11$) to 96.36 (yield
8.22$) with the average at 96.73 (yield 8.19$).
19/ Yields accepted ranged from 7.08$ (price 100.082) up to 7.19$
(price 99.881) with the average at 7.16$ (price 99.936).
20/ Yields accepted ranged from 7.68$ (price 99.796) up to 7.73$
(price 99.625) with the average at 7.71$ (price 99.693).
21/ Yields accepted ranged from 6.96$ (price 99.844) up to 7.01$
(price 99.752) with the average at 6.99$ (price 99.789).
22/ Yields accepted ranged from 7.60$ (price 100.076) up to 7.64$
(price 99.909) with the average at 7.63$ (price 99.951).
23/ Yields accepted ranged from 6.90$ (price 99.953) up to 6.96$ (price
99.843) with the average at 6.95$ (price 99.861).
24/ Yields accepted ranged from 6 .88$ (price 99.987) up to 6.92$ (price
99.880) with the average at 6.91$ (price 99.907).
25/ All accepted subscriptions .were awarded at the price of 100.00 (yield
8.00$).
26/ Yields accepted ranged from 7.98$ (price 100.215) up to 8.03$ (price
99.679) with the average at 8.01$ (price 99.893).
27/ Yields accepted ranged from 6.59$ (price 100.065) up to 6.69$ (price
99.880) with the average at 6.67$ (price 99.917).
28/ Yields accepted ranged from 6.90$ (price 99.903) up to 6.94$ (price
99.764 ) with the average at 6.93$ (price 99.799).
29/ Yields accepted ranged from 6.27$ (price 99.963) up to 6.32$ (price
99.870) with the average at 6.30$ (99.907).
30/ Yields accepted ranged from 7.02$ (price 99.894) up to 7.10$ (price
99.557) with the average at 7.08$ (price 99.641).
31/ Yields accepted ranged from 5.88$ (price 99.991) up to 5.99$ (price
99.787) with the average at 5.96$ (price 99.842).
32/ Yields accepted ranged from 6.32$ (price 99.811) up to 6.37$ (price
99.677) with the average at 6.36$ (price 99.704).
33/ Yields accepted ranged from 7.00$ (price 100.000) up to 7.02$ (price
99.891) with the average also at 7 .02$.
34/ Prices accepted ranged from 101.05 (yield 7.77$) down to 100.58
(yield 7.82$) with the average at 100.79 (yield 7.80$).
35/ Yields accepted ranged from 5.76$ (price 99.981) up to 5.94$ (price
99.647) with the average at 5.86$ (price 99.795).
36/ Yields accepted ranged from 5.87$ (price 100.007) up to 5.92$ (price
99.829) with the average at 5.91$ (price 99.864).
37/ Yields accepted ranged from 5.29$ (price 99.925) up to 5.38$ (price
99.757) with the average at 5.37$ (price 99.775).
38/ Yields accepted ranged from 6.15$ (price 99.872) up to 6.20$ (price
99.656) with the average at 6.19$ (price 99.699).
22 / Yields accepted ranged from 5.94$ (price 99.880) up to 5.99$ (price
99.787) with the average at 5.97$ (price 99.824).
40/ Yields accepted ranged from 6.65$ (prioe 99.839) up tc 6 .64$ (price
99.625) with the average at 6 .6?$ (price 99.678).
41/ Yields accepted ranged from 7.21$ (price 100.217) up to 7.27$ (price
99.892) with the average ax 7.25$ (price 100.000).
42/ Yields accepted ranged from 7.58$ (price 100.530) up to 7.63$ (price
99.941) with the average also at 7.63$.
42/ Yields accepted ranged from 5.95$ (price 99.861) up to 5.99$ (price
99.786) with the average at 5.98$ (price 805).
44/ Yields accepted ranged from 6.85$ (price 100.074) up to 6.90$ (price
99.898 ) with the average at 6 .88$ (prioe 99.Q6tf)
45/ Yields accepted ranged from 5.99$ (price 100.019) up to 6.03$ (price
99.944) wl+h the average at 6 .02$ (price Q°.o6'3).
46/ Yields accepted ranged from 6.98% (price 100.058) up to 7.03$ (price
99.846) with the average at 7.02$ (price 99.889).
42/ Yields accepted ranged from 5.84$ (price 100.065) up to 5.89$ (price
99.972) with +he av^rape at r.$*7<£ 1 ^ 0 0 100.009).
48/ Rrices accepted ranged from 100.00 (yield 7.24$) down to 99.76 (yield
7.29$) With the dVUidgL vo y'-.v.j.
Lcj-U
42/ Prices’accepted ranged from 98.54 (yield 7.75$) down to 98.13 (yield
7.78$) with the average at 98.25 (yield 7.77$).
50/ Yields accepted ranged from 6.20$ (price 99.861) up to 6.25$ (price
99.768) with the average at 6.23$ (price 99.805).
51/ Yields accepted ranged from 6.75$ (price 99.984) up to 6.82$ (price
99.738) with the average at 6.80$ (price 99.808).
52/ Yields accepted ranged from 6.11$ (price 100.028) up to 6.14$ (price
99.972) with the average at 6.14$ (price 99.972).
53/ Yields accepted ranged from 7.27$ (price 99.792) up to 7.30$ (price
99.520) with the average at 7.29$ (price 99.611).
54/ Yields accepted ranged from 6.25$ (price 100.000) up to 6.35$ (price
99.815) with the average at 6 .3 J r
99.834).
55/ Yields accepted ranged from 6.78$ (price 99.920) up to 6.85$ (price
99.733) with the average at 6*84$ (price 99.760).
56/ Yields accepted ranged from 7.24$ (price 100.054) up to 7.27$ (price
99.892) with the average at 7.26$ (price 99.946).
1,<.0/0j.
Prices accepted ranged from 99.10 (yield 7.70$) down to 98.80 (yield
7.73$) with the average at 98.94 ( eld 7.72$).
3&/ Yields accepted ranged from 6.65$ rice 99.954) up to 6.68$ (price
99.899) with the average also at 6 8$.
2 2 / Yields accepted ranged from 6.80$ price 99.811) up to 6.85$ (price
99.636) with the average at 6 .84$ irice 99.671).
60/ Yields accepted ranged from 6.71$ >rice 99.843) up to 6.75$ (price
99.770) with the average at 6.74$ rice 99.788).
61/ Yields accepted ranged from 7.15$ >rice 99.876) up to 7.20$ (price
99.666) with the average at 7.18$ rice 99.750).
62/ Yields accepted ranged from 7.20$ >rice 100.092) up to 7.29$ (price
99.927) with the average at 7.27$ rice 99.963).
£2/ Yields accepted ranged from 7.22$ xrice 99.748) up to 7.25$ (price
99.668) with the average at 7.24$ jrice 99.695).
64/ Yields accepted ranged from 7.66$ >rice 99.759) up to 7.71$ (price
99.415) with the average at 7.69$ >rice 99.552).
65/ Yields accepted ranged from 7.92$ >rice 99.487) up to 7.95$ (price
99.148) with the average at 7.94$ irice 99.261).
66/ Yields accepted ranged from 7.12$ Drice 100.009) up to 7.14$ (price
99.972) with the average at 7.13$ irice 99.991).
67/ Yields accepted ranged from 7.29$ irice 99.845) up to 7.32$ (price
99.741) with the average at 7.31$ irice 99.776).
68/ Yields accepted ranged from 7.16$ >rice 99.936) up to 7.23$ (price
99.808) with the average at 7.20$ irice 99.863).
62/ Yields accepted ranged from 7.92$ rice 99.575) up to 7.96$ (price
99.228) with the average at 7.95$ rice 99.315).
20/ Yields accepted ranged from 7.52$ irice 99.963) up to 7.56$ (price
99.891) with the average at 7.55$ rice 99.909).
21/ Yields accepted ranged from 7.50$ irice 99.936) up to 7.55$ (price
99.794) with the average at 7.53$ price 99.850).
7 2 / Prices accepted ranged from 100.80 (yield 7.85$) down to 100.58
(yield 7.89$) with the average at 100.65 (yield 7.88$).
22/ Prices accepted ranged from 100.73 (yield 8.18$) down to 100.01
(yield 8.25$) with the average at 100.13 (yield 8.23$).
24/ Yields accepted ranged from 7.67$ (price 99.818) up to 7.71$ (price
99.845) with the average at 7.70$ (price 99.863).
2 1 / Yields accepted ranged from 7.87$ (price 99.997) up to 7.90$ (price
99.894) with the average at 7.89$ (price 99.928).
26/ Yields accepted ranged from 7.50$ (price 100.000) up to 7.57$ (price
99.872) with the average at 7.56$ (price 99.891J.
2 1 / Yields accepted ranged from 7.93$ (price 99.740) up to 7.95$ (price
99.657) with the average at 7.94$ (price 99.698).
28/ Yields accepted ranged from 7.75$ (price 100.000) up to7.82$ (price
99.873) witii xhe average at 7.80$ (price 99.909).
22/ Yields accepted ranged from 8.26$ (price 99.933) up to 8.30$ (price
99.665) with the average at 8.29$ (price 99.732).
80/ Prices accepted ranged from 99.23 (yield 8.45$) down to 98.91 (yield
8 .48$) with the average at 99.02 (yield 8.47$).
21/ Yields accepted ranged from 8.00$ (price 100.000) up to 8.10$ (price
99.819) with the average at 8.09$ (price 99.837).
8 g / Yields accepted ranged from 8.24$ (price 100.013 ) up to 8.28$
(price 99.877)with the average at 8.27$ (larice 99.911).
82/ Yields accepted ranged from 8.25$ (price 100.000) up to 8.33$ (price
99.855) with the average at 8.32$ (price 99.873).
84/ Yields accepted ranged from 8.62$ (price 100.008) up to 8.63$ (price
99.924) with the average also at 8.63$.
8 2 / Yields accepted ranged from'8.52$ (price 99.964) up to 8.62$ (price
99.784) with the average at 8.61$ (price 99.802).
8 6 / Yields accepted ranged from 8 .44$ (price 99.831) up to 8.47$ (price
9°.75”'' vith the average at 8 .46$ (price 99.779).
82/ Yields accepted ranged from 8.28$ (price 99.843) up to 8.41$ (price
99.166) with the average at 8.36$ (price 99.426).
88/ Yields accepted ranged from 8.37$ (price 100.055) up to 8.46$ (price
99.079) with the average at 8.43$ (price 99.402).
89/ Yields accepted ranged from 8.377. (price 100.009) up to 8.397. (price
99.973) with the average at 8.387. (price 99.991).
90/ Yields accepted ranged from 8.387. (price 99.961) up to 8.427. (price
99.826) with the average at 8.417. (price 99.859).
21/ Yields accepted ranged from 8.59$ (price 100.063) up to 8.66$ (price
99.937) with the average at 8.65$ (price 99.955).
22/ Yields accepted ranged from 8.60$ (price 100.175) up to 8.65$ (price
99.757) with the average at 8 .64$ (price 99.840).
93/ Yields accepted ranged from 8.907. (price 99.955) up to 8.987. (price
99.812) with the average at 8.947. (price 99.883).
94/ Yields accepted ranged from 9.337. (price 99,766) up to 9.377. (price
99.649) with the average at 9.367. (price 99.678).
95/ Yields accepted ranged from 8.757. (price 100.000) up to 8.907. (price
99.020) with the average at 8.857. (price 99.345).
96/ Yields accepted ranged from 8.827. (price 99.266) up to 8.877. (price
98.747) with the average at 8.867. (price 98.851).
97/ Yields accepted ranged from 9.337. (price 99.857) up to 9.377. (price
99.786) with the average at 9.367. (price W *04).
98/ Yields accepted ranged from 9,977. (price 99.832) up to 10.007. (price
99.779) with the average at 9.997. (price 99.797).
99/ Yields accepted ranged from 9.437. (price 99.820) up to 9.477. (price
99.690) with average at 9.457. (price 99.755).
100/ Yields accepted ranged from 8.997. (price 100.045) up to 9.017. (price
99.882) with the average at 9.007. (price 99.963).
101/ Yields accepted ranged from 9.827. (price 99.876) up to 9.877. (price
99.787) with the average at 9.857. (price 99.822).
102/ Yields accepted ranged from 8.957. (price 100.281) up to 9.027. (price
99.888) with the average at 9.017. (price 99.944).
103/ Prices accepted ranged from 97.40 (yield 9.007.) down to 96.90 (yield
9.057.) with the average at 97.05 (yield 9.037.).
Less than $500,000.
p Preliminary
22/
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
Description of securities
Date of
financing
Effective
interest
rate
Amount issued
(In millions)
Average price
per hundred
$368
1,232
3,092
$99,867
99.867
99.867
7.057.
7.05
7.05
6-1/4#
5-7/8#
2/
Note
Note
-
2/15/76-A
2/15/76-F
99.805
99.805
5.98
5.98
6#
2/
Note
-
2/28/77-F
99.963
99.963
6.02
6.02
6-1/2#
2/
Note
“
3/31/77-G
110
1,S82
1,992
100.009
100.009
5.87
5.87
7-3/8#
2/
Note
1,016
1,253
190
1,898
99.937
101.95
99.805
99.805
7.89
7.52
6.23
6.23
6-3/4#
2/
Note
-
5/31/77-1
£/
Note
-
6/30/77-J
-
Eligible securities exchanged
1979
J
<
7#
Note
-
2/15/79-H
2/L7/76
5-7/8#
Note
-
2/28/79-M
2/28/77
f
6#
Note
-
3/31/79-N
3/31/77
J
\
4,692
150
2,695
2,845
523
2,995
3,519
5-7/8#
Note
4/3O/79-F
5/2/77
5/15/79-D
11/6/74
1/7/75
5/31/77
7-7/8#
Note
6-1/8#
Note
7-3/4#
6-1/8#
Note
Note
j
V
/
/
V
4/30/77-H
-
5/31/79-Q
1,782
99.731
7.83
-
6/30/79-2
6/30/79-R
6/30/77
/
V
264
2,044
2,308
99.972
99.972
6.14
6.14
-
7/31/79-S
8/1/77
/
\
-
99.834
99.834
6.34
6.34
7-1/2#
2/
Note
8/15/79-J
8A6/76
Note
99.907
88.907
6.91
6.91
7-1/2#
£/
Note
\
65
3,115
3,180
760
2,289
f
2,989
123
99.899
99.899
6.68
6.68
8-1/4#
a/
Note
“
8/31/77-L
99.840
99.788
99.788
8.54
6.74
6.74
2/
8-3/8#
2/
Note
-
9/3O/77-M
99.963
99.963
7.27
7.27
7-1/2#
2/
Note
“
10/31/77-N
99.40
99.40
6.73
6.73
4-7/8#
2/
Note
-
2/15/73-D
2,087
6-1/4#
Note
6-7/8#
7/9/75
"
6-5/8#
Note
“
8/31/79-T
8/31/77
I
7/31/77-K
8/15/76-C
3,481
8-1/2#
6-5/8#
Note
Note
7-1/4#
Note
-
9/30/79-F
9/30/79-U
9/4/75
9/30/77
10/31/79-V
10/31/77
.
/
{
2,081
90
3,771
/'
3,861
12'3tS ...
\
.^ 116
4,334
/
595
\
1,009
1,604
6-5/8#
Note
-
11/15/79-B
2/15/73
7#
Note
-
11/15/79-C
11/15/73
r
\
220
2,021
100.88
100.88
6.82
6.82
4-1/2#
2/
Bond
-
11/15/73
6-1/4#
Note
11/15/79-K
11/15/76
/
\
2,241
70
3,306
99.704
99.704
6.36
6.36
6-1/4#
2/
Note
“
11/15/76-D
7-1/8#
Note
11/30/79-W
11/30/77
99.991
99.991
7.13
7.13
6-5/8#
2/
Note
-
11/30/77-Q
100.00
99.863
99.863
7.51
7.20
7.20
2/ 7
7-1/4#
2/
Note
-
12/31/77-P
99.909
99.909
7.55
7.55
6-3/8%
2/
Note
-
1/31/78-J
99.678
99.678
6.62
6.62
8%
2/
Note
”
2/15/77-A
99.00
99.50
99.50
4.07
4.04
4.04
1/
99.863
99.863
7.70
7.70
8%
2/
'
"
7-1/2#
7-1/8#
Note
Note
-
12/31/79-G
12/31/79-X
1/6/76
1/3/78
1980
7-1/27.
Note
-
1/31/80-K
1/31/78
(
{
3,376
112
4,680
4,791
2,006
328
3,592
3,920
f
272
3,603
3,875
6-1/2%
Note
-
2/15/80-G
2/15/77
/
\
1,300
3,308
4,608
f 1/23/59
4%
Bond
7-5/8%
Note
-
2/15/80 1/
-
2/29/80-L
U2/15/62
f
2/28/78
[
V
884
34
*
Series F&G saving bonds
2/
34.
r
53
3,767
3,820
Footnotes at end of table*
Note
■
2/28/78-G
February 1979
41
.PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations-Continued
Description of securities
Date of
financing
Amount issued
(In millions)
Average price
per hundred
Effective
interest
rate
Eligible securities exchanged
1980
3/31/80-C
7-1/2%
3/17/76
3/31/78
$ 2,069
312p
3,696p
$ 99.853
99.891
99.891
7.54%
7.56
7.56
1/
6-3/4%
2/
Note
-
3/31/78-K
99.909
99.909
7.80
7.80
6-1/2%
2/
Note
-
4/30/78-L
99.29
99.29
99.29
7.00
7.00
7.00
7-3/4%
4-3/4%
2/
Note
Note
.
-
5/15/73-A
5/15/73-E
99.837
99.837
8.09
8.09
7-1/8%
2/
Note
.
5/31/78-M
7.71
99.873
99.873
8.32
8.32
2/
6-7/8%
2/
Note
-
6/30/78-N
99.802
99.802
8.61
8.61
6-7/8%
1/
Note
_
7/31/78-P
8.75
8.75
5-5/8%
1/
Note
_
8/15/74-B
6.84
6.84
7-3/4%
2/
Note
_
8/15/77-B
8.38
6-5/8%
Note
-
8/31/78-Q
4,008p
7-3/4%
Note
4/30/80-N
5/1/78
428p
2,751p
3,179p
2,636
2,585
2,043
6-7/8%
Note
5/15/80-A
5/15/73
8%
Note
5/31/80-P
5/31/78
7-5/8%
Note
6/30/80-D
6/10/76
2,185
8-1/4%
Note
6/30/80-Q
6/30/78
794
3,606p
7,265
177p
2,916p
3,092p
A,401p
375p
3,784p
8-1/2
Note
7/31/80-R
7/31/78
9%
Note
8/15/80-B
8/15/74
2,461'
1,835
6-3/4%
Note
8/15/80-H
8/15/77
425
3,708
4,159p
101.15
101.15
99.760
99.760
4,133
200p
3,332p
8-3/8%
Note
8/31/80-S
8/31/78
6-7/8%
Note
9/30/80-E
9/14/76
2,141
8-5/8%
Note
9/30/80-T
10/02/78
511p
3,393p
8-7/8%
Note
10/31/80-U
-10/31/78
7-1/8%
Note
11/15/80-J
11/15/77
3,532p
6.93
2/
99.955
99.955
8.65
8.65
6-1/4%
2/
Note
-
9/30/78-R
99.883
99.883
8.94
8.94
5-7/8%
2/
Note
.
10/31/78-S
99.695
99.695
7.24
7.24
7-3/4%
2/
Note
11/15/77-E
99.804
99.804
9.36
9.36
5-3/4%
21
Note
11/3C/7C-V
5.91
1!
6.95
6.95
6.95
7-3/4%
4-1/8%
2/
Note
Bond
Note
_
2/15/75-A
Note
-
2/15/78-A
Note
-
8/15/78-E
3,904p
203p
3,582p
3,758p
625
3,975
4,600
250p
2,930p
9-1/4%
Note
11/30/78 -V
11/30/78
5-7/8%
1981
Note
12/31/80-F
12/7/76
2,b92
Note
2/15/81-A
2/15/74
25
302
1,515
”37l80T
100.28
100.28
100.28
_
-
2/15/74-C
2/15/74
1,842
r2/18/75
7-3/8%
Note
2/15/81-C 3/
6-7/8%
7-3/8%
Note
Note
3/31/81-H
5/15/81-D
4/5/76
3/8/77
1/26/76
7-1/2%
Note
5/15/81-M
2/15/78
400
1,768
2,168
99.453
99.453
7.49
7.49
5-3/4%
2/
2,628
2,809
99.980
99.968
99.892
99.849
99.849
7.38
6.88
7.40
7.53
7.53
2/
1/
2/
6-1/4%
2/
6.80
2/
99.779
99.779
8.46
8.46
7-5/8%
2/
2,020
l,000p
2,890p
3,890p
6-3/4%
8-3/8%
Note
Note
6/30/81-J
8/15/81-N
6/3/77
2,514
8/15/78
l,200p
2,890p
4,090p
Footnotes at end of table.
42
Treasury Bulletin
,PUBLIC DEBT OPERATIONS.
PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations-Continued
Description of securities
1981
7-3/4*
Note
U/L5/81-B
7%
Note
ll/15/81-G
12/31/81-L
Date of
financing
(
Amount issued
(In millions)
£949
1,766
11/15/74
7.82%
7.82
101.25
7.70
2/
5-3/4*
2/
1,762
99.6a
99.776
7.08
2/
12/7/77
2,543
3,452
7.31
2/
5/15/72
1/6/77
505
2,697
100.60
99.699
99.92S
6.34
6.19
7.89
2/
2/
100.00
100.00
8.00
8.00
6*
2/
Bond
Note
2/15/82 1 /
2/15/82-D
1-1/8%
Note
3/31/82-G
3/6/78
2,653p
8*
Note
5/15/82-A
5/15/75
1,233
1,514
2,747
Note
5/15/82-E
5/15/82-K
$99,628
99.628
10/12/76
Note
Note
Eligible securities exchanged
4/4/77
11/15/78
Note
11/15/74-A
Note
5A5/75-B
2,715
7-1/4*
9-1/4%
Effective
interest
rate
3/19/75
1982
6-3/8*
6-1/8%
1%
Average price
per hundred
.
,
2,613
99.889
7.02
2/
978p
2,575p
99.678
99.678
9.36
9.36
6%
2/
-
Note
11/15/78-B
3,553p
8-1/4$
Note
6/30/82-H
6/7/78
8-1/8*
Note
8/15/82-B
8/15/75
8-3/8%
Note
9/30/82-J
9/6/78
7-7/8%
Note
11/15/82-C
7-1/8*
Note
11/15/82-F
1983
7-7/8%
Note
5/15/83-C
4/5/78
7%
Note
11/15/83-B
11/15/76
2,593p
99.911
8.27
2/
902
2,017
99.921
8.14
5-7/8*
Note
_
8/15/75-C
Note
_
11/15/75-D
Note
-
11/15/76-D
2.918
2,495p
99.859
8.41
2/
11/17/75
384
2,518
99.762
99.762
7.92
7.92
7%
2/
10/17/77
2,737
99.750
7.18
2/
2,573p
50
2,259
99 698
99.891
99.891
7.94
7.02
7.02
£/
6-1/4*
2/
100.00
100.00
7.25
7.25
8*
2/
Note
99.81
99.81
7.28
7.28
9*
2/
Note
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.45
5*
4*
2-1/2*
6*
2-1/2*
5-3/4*
3-7/8*
5-3/4*
5-7/8*
2/
Note
Bond
Bond
Note
Bond
Note
Bond
Note
Note
_
_
_
_
-
8/15/72-E
8/15/72
9/15/67-72
11/15/72-F
12/15/67-72
11/15/74-A
11/15/74
2/15/75-A
2/I5/75-E
99.946
99.946
7.26
7.26
7-3/4*
2/
Note
_
8/15/77-B
100.65
100.65
7.88
7.88
6-1/4*
2/
Note
_
2/15/78-A
100.50
3.22
2/
99.426
99.426
99.426
8.36
8.36
8.36
8-3/4*
7-5/8*
2/
Note
Note
-
99.75
99.75
99.75
99.75
99.75
99.75
99.75
99.75
6.15
6.15
6.15
6.15
6.15
6.15
6.15
6.15
5-3/8%
7-3/4%
4-3/4%
6-3/4%
5%
3-7/8%
4%
2/
Note
Note
Note
Note
Note
Bond
Bond
2,902
2,309
1984
2 /1 5 /7 7
7-1/4*
Note
2/15/84-A
881
2,024
2,905
5116/77
.
2,623
2,909
5,533
6-3/8*
Bond
8/15/84
8/15/72
7-1/4*
Note
8/15/84-B
8/15/77
15
252
221
133
I64
535
265
457
268
41
2,353
300
2,563
2,863
2/15/77-A
_
_
_
_
_
5/15/77-D
,
1985
8*
Note
2/15/85-A
2/15/78
3-1/4*
Bond
5/15/85
6/3/58
l,20Qp
3,003p
4,203p
8-1/4*
Note
8/15/85-B
8/15/78
1,135
C
?4p
l,400p
3.389P
^'S'SSp
1986
6-1/8%
Bond
11/15/86
11/15/71
98
487
187
58
36
268
58
24
1,216
Footnotes at end of table.
_
_
-
-
8/15/78-C
8/15/78-E
11/15/71-B
11/15/71-G
5/15/72-B
5/15/72-D
8/15/72-E
11/15/71
8/15/72
February 1979
43
.PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Date of
financing
Description of securities
1987
4-1/4#
$ *
5
8/15/62
8/15/87-92 1/
Bond
.Amount issued
(In millions)
360
7-5/8#
Note
1988
ft
11/15/87-A
11/15/77
2/15/88-93
1A7/63
8-l/A%
Note
5A5/88-A
8-3/4%
Note
11/15/88-B
Bond
59p
l,541p
2,545p
4,145p
5/15/78
931p
2,512p
3,443p
11/15/78
8/15/73
7-1/2#
-2S2373P
2,014p
2,387p
11/15/73
8/15/88-93
2 A 5 /7 4
I
f
Average price
per hundred
$101.00
101.00
101.00
99.552
99.552
99.85
99.732
99.732
99.732
99.345
99.345
Effective
interest
rate
Eligible securities exchanged
4.19%
4#
Note
8A5/62-B
4.19
4.19
3-1/4#
2/
Note
8/15/62-G
7.69
7.69
7-3/4#
2/
Note
11/15/77-E
4.01
.2/
7-1/8#
7^7/8#
Note
Note
5/15/78-D
5A5/78-F
Note
11/15/78-B
8.29
1:11
8.85
8.85
8.00
6%
2/
8-1/8#
4#
93
333
500
95.05
95.05
95.05
8 .0 0
8.00
2/
136
100.14
100.14
7.78
7.78
2/
100.45
100.45
100.45
7.68
7.68
7.68
100.55
4.09
302
4-1/8#
Note
Bond
8/15/73-B
8/15/73
Bond
11/15/73
Note
Bond
2/15/74-C
2/15/74
438
10
240
301
7-3/4#
4-1/8#
2/
“3 3 T
1989
4-1/8#
Bond
1990
8-1/4#
Bond
1992
7-1/4#
Bond
1993
6-3/4#
7-7/8#
Bond
Bond
7#
Bond
8-5/8#
Bond
8-5/8%
Bond
-
5 A 5 /89-94
4/18/63
300
-
5 /15/90
4 /7 /7 5
1,247
99.455
8.31
1/
-
8/15/92
7 /8 /7 7
1,504
99.611
7.29
2/
-
2 /15/93
2 /15/93
1/10/73
1 /6 /7 8
627
1,501
99.50
99.315
6.79
7.95
2/
2/
-
5A 5/93-98
5/1 7 /7 6
40
652
98.75
98.75
7.11
7.11
7-3/4#
-
8/15/93
7AV78
l,766p
99.924
8.63
11/15/93
10/10/78
l,507p
99.840
8.64
5 /15/74
279
309
1994
8-1/2#
Bond
_
5 A 5 /94-99
J
288-.
486
8 /1 5 /7 4
400
885
196
142
11/15/74
603
5/15/73-A
2/
102.85
102.85
8.21
8 .2 1
4-1/4#
2/
Bond
5 A 5 /7 4
98.70
98.70
8.46
8.46
5-5/8#
Note
8/15/74-B
2/
103.04
103.04
103.04
8.37
8.37
8.37
5-3/4#
3-7/8#
2/
Note
Bond
ll/15/74-A
11 /1 5 /7 4
99.191
99.191
7.95
7.95
5-3/4#
2/
Note
2/15/75-A
96.73
96.73
8.19
8.19
6-1/2#
Note
5/15/76-B
2/
100.79
99.327
99.327
7.80
2/
Note
8/15/75-TT
941
1995
150
752
2/18/75
902
7-7/8#
Bond
-
2/15/95-00
117
750
5/17/76
.-8.681,001
11/15/76
313
801
1,114..
150
1,001
8/15/75
8-3/8%
Bond
-
8/15/95-00
2/
101.50
101.50
8.33
8.33
7#
2/
99.02
99.02
8.47
8.47
7-1/8#
2/
Note
99.893
99.893
99.893
8.02
7-1/2#
6-1/2#
Note
Note
8.02
2J
1,151
895p
l,501p
2,396p
13%
Bond
-
Footnotes at end of table.
8A 5/96-01
8/16/76
C
250
983
1,575
5-7/8#
8.£4
3.44
8.02
11A5/75-D
5/15/78-D
44
Treasury Bulletin
_ PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Description of securities
Date of
financing
Amount issued
(In millions)
Average price
per hundred
Effective
interest
rate
Eligible securities exchanged
2000
$99,450
99.450
99.450
8. 30#
8.30
5-7/8#
6#
8.30
2/
101.75
101.75
8.09
8.09
100.13
100.13
8.23
8.23
2/
9 9 .9 a
7.63
7.63
2/
98.25
98.25
98.25
7.77
7.77
7.77
2/
199
1,003
1,202
98.94
98.94
7.72
7.72
2/
240p
l,255p
99.261
99.261
7.94
7.94
2/
99.402
99.402
8.43
8.43
2/
98.851
98.851
8.86
8.86
$220
5/15/75
630
754
Note
Note
5/15/75-F
5/15/75-B
6-1/4#
2/
Note
2/15/76-A
6-1/4#
Note
2/L5/78-A
1,604
8-1/4#
Bond
5/15/00-05
2/17/76
215
402
617
771p
l,254p
2,025p
2/L5/78
2002
391
753
2/15/77
99.941
8#
2/15/77-A
1,143
7-5/8#
Bond
2/15/02-07
5/16/77
8/15/77
7-7/8#
Bond
11/15/02-07
11/15/77
I
527
373
1,003
6-7/8#
Note
Note
5/15/77-C
5/15/77-D
Note
8/15/77-B
Note
ll/15/77-E
note
8/15/78-C
1,903
7-3/4#
7-3/4#
l,495p
2003
8-3/8#
Bond
8/15/03-08
8-3/^7.
Bond
11/15/03-08
8/15/78
600p
l,502p
8-3/4#
2,102p
11/15/78
1/ Additional issue.
2/ Issued for cash.
i/ Treasury Notes, 7-3/8# Series C-1981 and 7-3/8# Series E-1981
678p
l,736p
2,414p
*
p
consolidated effective Sept. 1, 1976.
Less than $500,000.
Preliminary.
11/15/78-B
February 1979
45
pttht.tr.
DEBT o p e r a t i o n s
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Bills 1/
(In millions of dollars)
Allotments by investor classes
Issues
Amount issued
Date of
financ
ing
Description of securities
For
U.S. Gov
ernment
accounts Commer
and
cial
Federal banks
Reserve 2 /
banks Z J
In
exchange
for
securi
ties
Indi
vidu
als
U
Insur
ance
compa
nies
State and local
Private
governments 6/
Mutual Corpo pension
and re Pension
sav
rations
ings
tire
and re
Other
5/
tire
banks
ment
funds
ment
funds
funds
*
11
32
11
13
Dealers
and
brokers
All
other
2/
7-1/2# Note - 12/31/79-G
2,006
-
-
1,010
77
11
666
175
1/26/76
7-3/8# Note -
5/15/81-D
2,020
-
-
1,121
25
17
35
36
11
12
12
650
101
2/2/76
6-3/8# Note -
1/31/78-J
2,511
-
189
1,252
52
2
11
55
5
2
8
595
340
3,092
6,019
402
1,600
1,939
215
19
117
-
29
101
-
49
496
9
21
300
10
815
89
250
314
808
*
-
61
5
32
36
15
2
26
34
2
46
36
*
2,628
1,675
1,761
91
1,508
122
2,285
8
6-5/8# Note - 11/30/77-Q
1,600
1,939
215
-
7
568
394
3/17/76
7-1/2# Note -
3/31/80-C
2,069
-
-
1,030
162
11
25
40
52
5
7
648
89
3/31/76
6-3/4# Note -
3/31/78-K
3,065
97
97
1,684
152
9
22
121
5
5
4
561
502
7-3/8# Note -
2/15/81-C
26
32
38
17
852
321
23
44
1
26
407
40
23
8
214
3
2
17
122
2
2
39
6
*
14
82
19
358
346
469
42
506
454
458
33
361
31
19
7
24
7
588
632
1,038
748
195
334
128
301
1/6/76
(7#
Note - 2/15/79-H
( 8#
Note - 2/15/83-A
18-1/4# Bond - 5/15/00-05 8/
2/17/76
3/3/76
4/5/76
’
2,628
-
-
1,198
2,274
4,747
751
300
472
117
300
472
117
1,246
1,894
166
119
126
1,141
12
5/31/78-m
6/30/80-D
6/30/78-N
8/15/81-F
7/31/78-P
2,485
82
82
692
-
692
-
1,329
1,116
1,415
1,161
1,663
178
134
94
59
3
19
6
18
12
13
16
12
13
20
158
2,185
2,639
2,586
2,855
32
78
101
24
5
10
8
22
4
8/31/76
8#
Note ijS#
Bond 6-5/8# Note -
8/15/79-J
8/15/86-B
8/15/96-01
8 /3 1 /7 8 -Q
2,289
8,039
983
2,895
700
1,476
592
54
700
1,476
592
54
1,187
2,356
346
1,219
3B0
3,548
29
85
168
3
2
IT
126
13
62
ITT
672
22
116
344
12
7
39
40
*
71
5
35
494
179
479
673
255
536
34
696
9 /1 4 /7 6
6-7/8# Note -
9/30/80-E
2,141
-
-
909
121
26
12
33
20
3
12
’ 770
235
9/30/76
6-1/4# Note -
9/30/78-R
2,869
326
326
1,629
65
7
11
70
18
1
5
471
592
10/12/76
11/1/76
7#
Note - 11/15/81-G
5-7/8# Note - 10/31/78-S
J6-1/4# Note - 11/15/79-K
2,543
2,823
3,306
98
70
98
70
1,356
1,307
1,227
88
46
67
24
5
11
44
54
26
21
5
7
14
6
2
7
829
116
23
5
775
1,025
587
923
11/15/76
\ 7#
Note - 11/15/83-B
VJ7-7/8# Bond - 2/15/95-00 8/
2,259
1,001
50
-
50
-
58
24
51
33
43
72
16
23
5
*
_
1
2
10
4
6
5
3
41
800
589
136
252
1,300
881
391
140
31
34
43
37
54
40
100
128
51
22
4
2,805
2,692
3,124
2,697
906
313
1,176
1,234
1,168
1,385
44
15
13
16
5
15
18
14
74
953
861
1,035
668
286
8
552
491
816
358
6
44
16
1
899
863
640
440
687
355
22
8
4
4
2
1
*
804
617
562
609
484
782
614
1,008
370
557
1,024
537
155
18
661
816
470
624
544
780
858
11
531
1,096
769
488
983
607
958
832
821
731
784
499
1,076
976
882
301
12
932
f 6-1/2# Note - 4/30/78-L
/ 7-7/8# Note 5/15/86-A
1 7-7/8# Bond - 2/15/95-00 8/
5/17/76
7-1/8# Note -
6/1/76
7-5/8#
6-7/8#
7-5/8#
6-7/8#
6/10/76
6/30/76
7/9/76
7/30/76
Note
Note
Note
Note
-
'‘6-7/8# Note 8/16/76
11/30/76
12/7/76
12/31/76
1 /6 /7 7
2 /3 /7 7
2/15/77
5-3/4#
5-7/8#
5-1/4#
6-1/8#
Note
Note
Note
Note
5-7/8#
- f 6-1/2#
( 7-1/4#
1 7-5/8#
Note
Note
Note
Bond
2/28/77
3/8/77
3 /31/77
4/4/77
5 /2 /7 7
5/16/77
5-7/8# Note
6-7/8# Note
6#
Note
7#
Note
5-7/8# Note
- II/3O/78-T
- 12/31/80-F
- 12/31/78-U
2A5/82-D
- 1/31/79-L
2/15/80-G
2/15/84-A
- 2/15/02-07
2,855
3,308
2,024
752
136
252
_
1,300
881
391
2/28/79-M
3/31/81-H
3/31/79-N
5/15/82-E
4/30/79-P
2,695
2,809
2,996
2,613
1,882
150
523
110
150
523
110
1,249
1 ,376
70.7
2,910
1,004
2,623
900
2,623
900
1,172
140
1,897
2,514
2,044
1,504
190
264
65
425
300
199
123
90
190
264
65
425
300
199
123
90
218
625
373
240
lit
218
625
373
240
112
328
328
-
2A 5/84-A 8 /
(7 -1 /4 # Note V.7-5/8# B o M - 2A5/02-07 8/
5/31/79-Q
6/30/81-J
6/30/79-R
8A 5 /9 2
5 /31/77
6/3/77
6/30/77
7 /8 /7 7
6-1/8#
6-3/4#
6-1/8#
7-1/4#
Note
Note
Note
Bond
-
8 A /7 7
6-1/4#
f 1-3/4#
/ 7-1/4#
V7-5/8#
1-3/8#
Note
Note
Note
Bond
Note
7 /31/79-S
8A5/80-H
8A 5/84-B
- 2A 5 /0 2 -0 7 8 /
- 8/31/79-T
8A 5/77
8/31/77
9/7/77
11A 5/77
11/30/77
12/7/77
1/3/78
1/6/78
1/31/78
2/15/78
2/28/78
1 1
a) a>
-0p-p
0
25 25
^<>0
10/31/77
6-3/4# Note - 9/30/81-K
6-5/8# Note 7-1/8% Note - i ? / ®
10/31/79-V
11/15/80-J
( 7-5/8# Note - 11/15/87-A
17-7/8# Bonds - 11/15/02-07
7-1/8# Note -•11/30/7O-W
7-1/4# Note - 32/31/81-L
7-1/8#
7-7/8#
7-1/2#
f 7-1/2#
« 8#
\ 8-1/4#
^7-5/8#
Note
Bond
Note
Note
Note
Bond
Note
12/31/79-X
2/15/93
V31/80-K
5/15/81-M
2/15/85-A
- 5/15/00-05 £/
- 2/29/80-L
-
3,115
3,708
2,563
1,003
3,358
2,968
3,771
2,737
4,116
3,975
2,014
1,255
4,679
3,452
3,592
1,501
3,603
2,894
3,003
1,254
3,767
-
272
1,000
1,200
771
53
-
272
1,000
1,200
771
53
68
9
3
6
23
8
33
34
23
8
10
5
9
2
557
765
607
589
276
63
58
50
36
110
1,426
1 ,351
889
198
1,189
18
9
3
2
20
*
1
4
•*
*'
13
44
104
35
16
28
9
29
116
83
43
37
154
71
90
90
8
46
9
44
1
1
9
3
7
*
*
2
3
3
16
2
52
5
183
90
18
37
3
98
7
6
7
12
9
16
3
20
9
3
5
37
3
1
1
1
57
95
229
44
58
5
18
22
144
8
6
29
28
1
26
40
62
45
95
76
189
232
55
111
11
14
9
15
12
5
12
35
76
24
18
2
4
4
35
*
24
9
13
2
33
1,318
1,424
1,014
1,793
1,860
649
525
• 1,810
1,418
54
110
55
2^6
273
22
184
87
4
10
10
24
3/
15
2
12
20
5
27
16
22
21
16
1
12
12
103
119
253
187
128
155
164
239
246
7
14
3
18
27
21
20
26
8
*
1
*
1
1
194
7
3
2
1
28
10
12
14
6
7
30
20
1,398
562
1,738
1,439
1,262
242
1,565
172
31
159
293
476
51
155
2
1
7
16
42
7
7
5
165
269
184
189
149
101
102
3
17
6
17
36
7
26
1,156
1,704
981
138
1,001
1,276
34
70
72
83
29
16
40
13
6
17
18
-
36
38
17
1
36
1*
*
4
13
6
106
1
154
17
16
13
9
14
4
Wi
869
1080
544
1,002
886
98
8
1,289
1,011
628
602
877
453
921
713
790
753
2
576
423
85
12
1,081
Treasury Bulletin
46
,PUBLIC DEBT OPERATIONS.
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Bills 2/ —Continued
(In millions of dollars)
Allotments by investor classes
Amount issued
Date of
financ
ing
Description of securities
For
cash
3/6/78
3/31/78
4/5/78
7-7/8% Note
7-1/2# Note
7-7/8% Note
5/1/78
5/15/78
Z7-3/4# Note
/ 8-1/4# Note
\8-3/8% Bond
3/31/82-G
3/31/80-08/
5/15/83-C"
2,853
3,695
2,573
312
312
4/30/80-N
2,752
5/15/88-A
2,548
8/15/95-008)/ 1,502
428
1,600
895
428
1,600
895
177
177
5/31/73
3%
Note
5/31/80-P
6/7/78
8-1/4% Note
6/30/82-H
2,922
2,594
6/30/78
8-1/4% Note
6/30/80-Q
3,613
7/11/78
7/31/78
8-5/8% Bond
8-1/2% Note
8/15/93
7/31/80-R
1,768
3,789
8/31/78
8-3/8%
8-1/4%
8-3/8%
8-3/8%
Note
Note
Bond
Note
8/15/81-N
8/15/85-B
8/15/03-08
8/31/80-S
2,910
3,404
1,517
3,345
9/6/78
10/2/78
10/10/78
10/31/78
8-3/8%
8-5/8%
8-5/8%
8-7/8%
Note
Note
Bond
Note
8/15/78
11/15/78
11/30/78
{i
9-1/4% Note
8-3/8% Note
8-3/4% Bond
9-1/4% Note
U.S. Gov
ernment
In
accounts
Commer Indi
exchange
cial
and
vidu
for
als
banks
Federal
other
Reserve
4
/
1
/
securi
banks 2/
ties
Insur
ance
compa ings
nies
banks
Corpo
rations
1/
Private
pension
and re
tires
ment
funds
1,305
1,896
1,251
72
217
99
9
9
5
24
18
20
118
214
84
16
9
21
1,321
835
405
925
131
181
36
385
6
15
16
5
1
43
291
102
5
65
19
9
1,268
166
25
91
37
12
10
285
145
71
99
47
11
44
388
16
14
15
14
15
4
14
State and local
governments 6/
Pension
and re
tire
ment
funds
10
2
2
3
54
115
13
Other
funds
Dealers
and
brokers
All
other
1/
12
13
7
833
314
640
454
1,003
444
13
14
182
592
1,020
603
580
622
68
35
876
2
7
14
7
649
857
417
5
25
6
3
26
831
1,181
16
639
411
535
2
985
746
375
375
1,608
575
1,464
1,200
1,434
600
1,200
1,434
600
200
1,414
1,558
621
1,332
418
321
40
255
8
11
7
5
30
10
3
8
71
58
78
69
29
8
25
8
7
10
67
3
5
3
18
19
537
890
656
661
lOOr
174
64
173p
lr
4
15
5p
13r
11
3
6p
22r
150
146
39p
7
22
22
4p
2
3
18
3p
20r
18
134
3p
499
54lr
600
907p
414r 9/
l,444r 9/
?0
l,090p 9/
200
9/30/82-J
9/30/80-T
11/15/93
10/31/80-U
2,501
3,395
1,509
3,587p
203p
203p
l,423r
l,028r
487
l,357p
5/15/82-K
11/15/88-B
11/15/03-08
2,578p
2,514p
1,751
978p
931p
678
978p
931p
678
877p
853p
589
176p
81p
46
6p
lOp
2
6p
5p
15
72p
151p
164
6p
lip
103
2p
31p
20
14p
5p
31
465p
l,016p
777
954p 9/
351p 9/
4
2,945p
250p
250p
838p
156p
6p
6p
lOOp
5p
IP
17p
662p
l,154p 9/
- 11/30/80-V
' 'i* •
Based on subscription and allotment reports. For detail of
offerings see Table FD0-4.
1/ Excludes 1-1/2# Treasury notes issued in exchange to holders of non
marketable 2-3/4# Treasury bonds. Investment Series B-1975-80.
Z / Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/ Inclueds trust companies and stock saving banks.
U Inclueds partnerships and personal trust accounts.
5/ Exclusive of banks and insurance companies.
6/ Consists of trust, sinking, and investment funds of State and local
government and their agencies.
7J 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/ Reopening Of earlier issue.
9/ Includes portions to be distributed by investor class.
* Less than $500,000.
r Revised,
p Preliminary.
February 1979
47
,PUBLIC DEBT OPERATIONS.
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Bills Other than Regular Weekly Series
(In millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
One-year
series
9-month
series 1/
Tax antic
ipation
series
Allotments by investor classes
U.S. Gov
ernment
accounts
and Federal
Reserve
banks 2/
52-week
series
(Percent)
1/13/76
2/10/76
3/9/76
1/11/77
2/8/77
3/8/77
Commer
cial
banks
Corpo
rations
3/
Dealers
and
brokers
All
other i j
5.578
5.572
6.010
3,069
2,930
3.105
806
587
795
717
891
1,083
47
99
6
943
786
971
556
567
250
1,447
1,435
782
332
841
1,042
455
932
545
646
956
154
70
60
2
40
27
12
17
87
395
528
1,137
1,095
1,034
951
1,356
802
1,425
1,010
513
698
584
501
387
314
336
292
485
568
4 /6 /7 6
5/4 /7 6
6/1 /7 6
6/29/76
7/27/76
8/24/76
9/21/76
10/19/76
11/15/76
4 /5 /7 7
5/3 /7 7
5/31/77
6/2 8 /7 7
7/2 6 /7 7
8 /23/77
9/20/77
10/18/77
11/15/77
5.781
5,645
6.309
6.082
5.887
5.634
5.561
5.126
5.201
3,203
3,335
2,921
2,612
2,977
2,953
2,917
3,095
3,402
509
718
441
796
748
597
802
859
777
12/14/76
1/11/77
12/13/77
1 /10/78
4.708
4.728
3,505
3,071
881
855
2 /8 /7 7
2/7 /7 8
5.344
3,105
691
899
199
786
530
3/8 /7 7
3 /7 /7 8
5.226
3,208
984
1,070
9
739
406
4/5 /7 7
5/3 /7 7
4 /4 /7 8
5 /2 /7 8
5.158
5.160
3,342
2,966
760
894
11
27
1,134
555
951
558
7
1,053
517
2
80
423
592
890
1,061
957
1,127
1,227
246
368
870
662
945
850
516
542
893
944
5/31/77
5/30/78
5.403
2,454
544
486
932
333
6/28/77
7/26/77
6/27/78
5.408
857
424
7/25/78
5.648
2,253
3,038
934
980
8 /2 3 /7 V
8/2 ?/7 8
9/1 9 /7 8
10/17/78
11/14/78
3,005
3,036
3,162
3,587
3,838
679
863
902
826
981
844
12/12/78
1 /9 /7 9
2 /6 /7 9
6.105
6.156
6.619
6.542
6.545
6.552
6.814
3,205
3,253
913
644
804
3,177
3/7 /7 8
4/4/78
3/6 /7 9
4/3/79
6.859
6.877
3,321
3,346
986
959
1,088
959
5/2/78
5/30/78
6/27/78
5/1/79
7.073
7.417
7.678
3,025
2,478'
2,784'
934
436
5/29/79
6/26/79
864
844
749
542
9 /20/77
10A 8/77
11/L5/77
12/13/77
1/10/78
2 /7 /7 8
7/25/78
7/2 4 /7 9
7.820
3,380
827
8/22/78
8/21/79
9/19/78
10/17/78
11/14/78
12/12/78
9/18/79
10/16/79
11/13/79
12/11/79
1/09/79
1/08/80
7.876
7.954
8.272
9.312
9.320
9.605
3,544'
3,353
3,474
3,896
4,029
3,705
910
978
935
1,214
1,374
• 967
Source:
Based on aabeoription and allotment reports. For ae-od.il of
offering see Table PD0-4.
2/ Reopening of one-year series.
2/ Includes trust ftends and accounts that comprise Government accounts
under the unified budget concept.
2/ Exclusive of banks and insurance companies.
4/
*
r
,
860
93
740'
927
54
40
83
6
22
24
41
27
49
27
45
914
707
547
452
509
11
16
32
1,123
327
439
521
575
731
274
635
744
26
1,351
432
482
1,035
879
21
16
19
1,309
822
710
652
1,053
567r
1,025
52
123r
19
805
1,339"
854
989
722
826r
840
Included, with all other investors are certain Government aeposix <
counts and Government-sponsored agencies, formerly included with
Gpvernmeiit investment accounts.
Less than $500,000.
Revised.
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS,
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
Description
Issue
date
Amount
out
standing
Cash
retire
ment
1/13/76
1/31/76
2/10/76
2/15/76
2/15/76
3/9/76
3/31/76
4/1/76
4/6/76
4/22/76
4/22/76
5/4/76
5/15/76
5/15/76
5/31/76
6/1/76
6.378% Bill
6.560% Bill
5.313$ Bill
6-1/4$ Note
5-7/8% Note
5.637% Bill
8%
Note
1-1/2% Note
6.474$ Bill
5.823$ Bill
4.834$ Bill
6.400% Bill
6-1/2% Note
5-3/4$ Note
6$
Note
5.803% Bill
-
1/13/76
1/31/76
2/10/76
2/15/76-A
2/15/76-F
3/9/76
3/31/76-H
4/1/76-EA
4/6/76
4/22/76
4/22/76
5/4/76
5/15/76-B
5/15/76-E
5/31/76-M
6/1/76
1/14/75
4/14/75
2/11/75
2/15/69
8/15/72
3/11/75
4/9/74
4/1/71
4/8/75
12/5/75
4/8/76
5/6/75
5/15/69
5/15/72
3/25/72
6/3/75
2,001
1,586
2,103
3,739
4,945
2,102
2,288
27
2,205
2,002
2,503
2,435
2,697
2,802
1,580
2,404
2,001
1,586
2,103
1,165
3,713
2,102
2,191
27
2,205
2,002
2,503
2,435
2,336
2,274
1,498
2,404
6/29/76
6/30/76
7/27/76
8/15/76
8/15/76
6.292%
8-3/4$
6.782$
7-1/2$
6-1/2$
-
6/29/76
6/30/76-1
7/27/76
8/15/76-C
8/15/76-G
7/1/75
5/15/74
7/29/75
10/1/69
2/15/73
2,591
2,703
2,293
4,194
3,883
2,591
2,011
2,293
3,434
2,216
8/24/76
7.33i$ Bill - 8/24/76
8/26/75
2,893
8/31/76
5-7/8% Note - 8/31/76-L
3/3/75
1,662
9/23/75
9/30/74
10/1/71
10/21/75
6/6/75
11/18/75
9/8/71
4/8/75
12/16/75
12/31/74
1/13/75
2/10/76
2/15/70
3/3/75
3/9/76
3/31/75
4/1/72
4/6/76
4/30/75
5/4/76
2/15/74
8/15/74
6/1/76
5/27/75
2,860
2,023
11
3,062
1,579
3,245
4,325
1,507
3,253
2,282
3,069
2,930
5,163
1,665
3,105
2,576
5
3,203
1,579
3,335
2,565
5,329
2,921
2,137
2,860
1,697
11
3,062
1,481
3,245
4,205
1,371
3,253
2,030
3,069
2,930
2,591
1,515
3,105
2,053
5
3,203
1,469
3,335
2,038
2,333
2,921
1,947
Bill
Note
Bill
Note
Note
9/21/76
9/30/76-J
10/1/76-E0
10/19/76
10/31/76-0
11/15/76
11/15/76-D
ll/30/76-N
12/14/76
12/31/76-K
1/11/77
2/8/77
2/15/77-A
2/28/77-F
3/8/77
3/31/77-G
4/1/77-EA
4/5/77
4/30/77-H
5/3/77
5/15/77-C
5/15/77-D
5/31/77
5/31/77-1
Exchange
security
offered
_
_
-
-
-
2,522 2/
1,232 4/
-
97
361
528
82
-
5/
£/
2/
8/
-
-
-
-
54
_
326
98
120
136
252
2,572
150
_
523
_
110
527
2,996
-
190 24/
_
_
-
_
264
65
924
_
123
_
90
_
218
3Q/
_
_
-
_
_
_
_
-
1,238 31/
_
112 32/
_
_
_
-
_
-
_
_
_
-
_
_
-
6.082%
6-1/2$
5.739$
7-1/2$
7-3/4$
5.634$
8-1/4$
Bill
Note
Bill
Note
Note
Bill
Note
-
6/28/77
6/30/77-J
7/26/77
7/31/77-K
8/15/77-B
8/23/77
8/31/77-L
6/29/76
6/30/75
7/27/76
7/31/75
8/15/70
8/24/76
8/29/75
2,612
2,170
2,977
1,516
4,918
2,953
2,021
2,612
1,906
2,977
1,451
3,994
2,953
1,898
9/20/77
9/30/77
10/1/77
10/18/77
10/31/77
5.561$
8-3/8%
1-1/2%
5.126$
7-1/2$
Bill
Note
Note
Bill
Note
-
9/20/77
9/30/77-M
10/1/77-E0
10/18/77
10/31/77-N
9/21/76
9/30/75
10/1/72
10/19/76
10/31/75
2,917
3,226
2,917
3,136
17
3,095
3,156
17
3,095
2,938
11/15/77
11/15/77
11/30/77
7-3/4$ Note - ll/15/77-E
5.201$ Bill - 11/15/77
6-5/8$ Note - ll/30/77-Q
11/15/74
11/15/76
3/3/76
3,630
3,402
2,628
2,392
3,402
2,516
12/13/77
12/31/77
4.708$ Bill - 12/13/77
7-1/4$ Note - 12/31/77-P
12/14/76
12/31/75
3,505
2,765
3,505
2,437
12/
12/
14/
15/
1£/
12/
18/
12/
20/
2i/
22/
22/
-
25/
26/
22/
22/
22/
_
328
_
275
2,971
53
33/
1/10/78
1/31/VH
2/7/78
2/15/78
2/28/78
4.728$
6-3/8$
5.344$
6-1/4$
8$
1/10/78
l/31/78-J
2/7/78
<2/15/78-A
2/28/78_G
1/11/77
2/2/76
2/8/77
2/15/71
10/7/75
3,071
2,511
3,105
8,389
2,115
3,071
2,239
3,105
5,418
2,062
3/7/78
3/31/78
5.226$ Bill - 3/7/78
6-3/4$ Note - 3/31/78-K
3/8/77
3/31/76
3,208
3,162
3,208
2,850
4/1/78
4/4/78
4/30/78
5/2/78
5/15/78
5/15/78
5/30/78
1-1/2% Note - 4/1/78-EA
5.158% Bill - 4/4/78
6-1/2$ Note - 4/30/78-L
4/1/73
4/5/77
5/17/76
15
3,342
2,574
15
3,34^
2,146
428 28/
5.1607. Bill
7-1/8% Note
7-7/8% Note
5.403% Bill
5/3/77
2/18/75
8/15/75
5/31/77
2,966
3,960
4,423
2*454
2,966
3,006
2,882
2,454
954 39/ 11
1,541 40/
1
Footnotes at end of Table
-
2,893
6/28/77
6/30/77
7/26/77
7/31/77
8/15/77
8/23/77
8/31/77
- 5/2/78
- 5/15/78-D
- 5/15/78-F
- 5/30/78
-
1,608
Bill
Note
Note
Bill
Note
Bill
Note
Note
Bill
Note
Bill
Bill
Note
Note
Bill
Note
Note
Bill
Note
Bill
Note
Note
Bill
Note
-
-
_
-
_
-
7.340%
8-1/4%
1-1/2%
6.600%
6-1/2%
6.010%
6-1/4%
7-1/8%
6.440%
7-l/4$
5.578$
5.572$
8$
6$
6.010%
6-1/2%
1-1/2%
5.781$
7-3/8$
5.645$
6-7/8$
9$
6.309%
6-3/4$
Bill
Note
Bill
Note
Note
Turned
Exchanged in for
cash 2/
_
692 2/
1,102 IQ/
1,667 11/
9/21/76
9/30/76
10/1/76
10/19/76
10/31/76
11/15/76
11/15/76
11/30/76
12/14/76
12/31/76
1/11/77
2/8/77
2/15/77
2/28/77
3/8/77
3/31/77
4/1/77
4/5/77
4/30/77
5/3/77
5/15/77
5/15/77
5/31/77
5/31/77
-
Results of ex
change offers
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
34/
35/
26/
_
312 22/
_
-
_
-
_
_
-
-
_
_
-
-
-
_
_
-
Description of new
securities offered
(See also Table PD0-4)
February 1979
49
PUBLIC DEBT OPERATIONS,
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills—Continued
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
Cash
retire
ment
5/31/78
6/27/78
6/30/78
7/25/78
7/31/78
7-1/a*
5.408$
6-7/8#
5.648#
6-5/8#
Note
Bill
Note
Bill
Note
-
6/30^78-N
7/25/78
7/31/78-P
7/26/77
7/30/76
3,038
2,855
2,390
2,253
2; 537
3,038
2^80
8/15/78
8/15/78
8/22/78
8/31/78
8-3/4#
7-5/8#
6.105#
6-5/8#
Note
Note
Bill
Note
-
8/15/78-C
8/15/78-E
8/22/78
8/31/78-Q
5/15/74
5/15/75
8/23/77
8/31/76
2,462
5,155
3,005
2,949
1,828
2,555
3,005
2,749
9/19/78
9/30/78
10/1/78
6.156#
6-I/4#
1-1/2#
Bill
Note
Note
-
9/19/78
9/30/78-R
10/l/78-E0
9/20/77
9/30/76
10/1/73
3,036
3,195
3
3,036
2,684
3
10/17/78
10/31/78
6.619%
5-7/8%
Bill
Note
-
10/17/78
10/31/78-S
10/18/77
11/01/76
3,162
2,921
11/14/78
11/15/78
11/30/78
6.542%
6%
5-3/4%
Bill
Note
Note
-
11/14/78
11/15/78-B
11/30/78-T
11/15/77
11/15/71
11/30/76
3,587
8,207
2,941
3,162
2,718
3,587
5,620
2,691
12/12/78
12/31/78
12/31/78
1/09/79
6.545%
8-1/8%
5-1/4%
6.552%
Bill
Note
Note
Bill
-
12/12/78
12/31/78-H
12/31/78-U
1/9/79
12/13/77
10/22/75
12/31/76
1/10/78
3,838
2,517
3,376
3,205
3,838
1,875
3,131
3,205
1/31/79
2/6/79
2/15/79
5-7/8%
6.814%
7%
Note
Bill
Note
-
1/31/79-L
2/6/79
2/15/79-H
2/3/77
2/7/78
2/17/76
2,855
3,253
4,692
2,704
3,253
2,961
Footnotes on following page.
5/31/78-M
6/1/76
2,567
Exchange
security
offered
Results of exchange offers
Exchanged
Turned
m for
cash 2/
177 41/
794 42/
r375 42/
63444/
2,600 AS/
-
-
-
-
-
-
-
-
200^6/
51142/
203 48/
2,587 49/
250 50/
642 51/
245 52/
-
151 53/
1,731 54/
-
Description of new
securities offered
(See also Table PD0-4)
50
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-7
Source*
Bureau of the Public Debt.
1/ Original call and maturity dates are used.
2/ All by investors other than Federal Reserve banks.
2/ Exchanged by Federal Reserve banks and Government accounts for
$368 million of 7# notes of Series H-1Q79,. $1,939 million, of S# notes
of Series A-1983 and $215 million of 8-1/4# bonds of 2000-05
issued February 17, 1976.
4/ Exchanged by Federal Reserve banks and Government accounts for 7%
notes of Series H-1979 issued February 15, 1976.
5/ Exchanged by Federal Reserve banks and Government accounts
For 6-3/4# notes of Series K-1978 issued March 31, 1976
6/ Exchanged by Federal Reserve banks and Covernment accounts for $276
million of 7-7/8# notes of Series A-1986 issued 5/lr7/76 and $85 mil
lion of 7-7/8# *onds of 1995-20000 issued May 17, 1976.
TJ Exchanged by Federal Reserve banks and Government accounts for $300
million of 6-1/27. notes of Series L-1978 and $196 million of 7-7/87.
notes of Series A-1986, and $32 million of 7-7/87. bonds of 1995-2000
issued May 17, 1976.
8/ Exchanged by Federal Reserve banks and Government accounts for 7-1/8*
notes of Series M-1978 issued June 1, 1976.
£>/ Exchanged by Federal Reserve banks and Government accounts for 6-7/8#
notes of Series N-1978 issued June 30.
10/ Exchanged by Federal Reserve banks and Covernment accounts for $700
million of 6-7/8# notes of Series J-1979* $60 million of 8# notes of
Series B-1986, and $342 million 8# bonds of 1996-2001 issued August If
1976.
11/ Exchanged by Federal Reserve banks and Government accounts for $1,417
million of 8# notes of Series B-1986 and $250 million of 8# bonds of
1996-2001 issued August 16, 1976.
12/ Exchanged by Federal Reserve banks and Government accounts for 6-5/8#
notes of Series Q-1978 issued August 31, 1976.
13/ Exchanged by Federal Reserve banks and Government accounts for 6-1/4%
notes of Series R-1978 issued September 30, 1976.
1A/ Exchanged by Federal Reserve banks and Government accounts for 5-7/8#
notes of Series S-1978 issued November 1, 1976.
15/ Exchanged by Federal Reserve banks and Government accounts for $70
million of 6-1/4# notes of Series K-1979 and $50 million of 77.
notes of Series B-1983 issued Novenber 15, 1976.
16/ Exchanged by Federal Reserve banks and Government accounts for 5-3/4'
notes of Series T-1978 issued November 30, 1976.
17/ Exchanged by Federal Reserve banks and Government accounts for 5-1/4#
notes of Series U-1978 issued December 31, 1976.
18/ Exchanged by Federal Reserve banks and Government accounts for $1,30C
million of 6-1/2# notes of Series C-1980, $881 million of 7-1/4#
notes of Series A-I984 and $391 million ,f 7-5/8# bonds of 2002-2007
issued February 15, 1977.
19/ Exchanged byFederal Reserve banks and Government accounts for 5-7/8#
notes of Series M-1979 issued February 2 8 , 1977.
20/ Exchanged by Federal Reserve hanks and Government accounts for 6#
notes of Series N-1979 issued March 31, 1977.
21/ Exchanged by Federal Reserve banks and Government accounts for 5-7/8’
’
notes of Series P-1979 issued May 2, I9r7'7.
22/ Exchanged by Federal Reserve banks and Government accounts for 7-5/8#
bonds of 2002-2007 issued May 16, 1977.
23/ Exchanged by Federal Reserve banks and Government accounts for $2,623
million of 7-1/4# notes of Series A-1984 and $373 million of 7-5/8#
bonds of 2002-2007 issued May. 1^, 1Q77,
2&/ Ex^anped by Federal Reserve banks and Government accounts for 6-1/8#
notes of Series Q-1979 issued May 31, 1977.
25/ Exchanged by Federal Reserve banks and Government accounts for 6-1/8?
notes of Series R-1979 issued June 30, 1977.
26/ Exchanged by Federal Reserve banks and Government accounts for 6-1/42
notes of Series S-1979 issued August 1, 1977.
27/ Exchanged by Federal Reserve banks and Government accounts for $42*
million of 6-V4# notes* of Series H-1980. $?00 millions of 7-1/4#
notes of Series B-1984, and $199 of 7-5/8# bonds of 2002-07
issued August 15, 1977.
Ji/ Exchanged by Federal Reserve banks and Government accounts for 6-5/8#
notes of Series T-1979 issued August 31, 1977.
2 2 / Exchanged by Federal Reserve banks and Government accounts for 6-5/8#
notes of Series U-1979 issued September 30, 1977,
2Q/ Exchanged by Federal Reserve banks and Government accounts for 7-1/L&
notes of Series V-1979 issued October 31, 1977.
21/ Exchanged by Federal Reserve banks and Government accounts for $625
mi1ii°? of 7-1/8# notes of Series J-I98O, $373 million of 7-5/8# notes
of Series A-1987 and $240 million of 7-7/8# bonds of 2002-07 issued
November 15, 1977.
2Z / Exchanged by Federal Reserve banks and Government accounts for 7-1/8#
notes of Series W-1979 issued November 30, I977
22/ Exchanged by Federal Reserve banks and Government accounts for 7-1/2#
notes of Series X-1979 issued January 3 , 1978.
24/ Exchanged by Federal Reserve banks and Government accounts for 7-1/2#
notes of Series K-1980 issued January 31, 1978.
25/ Exchanged by Federal Reserve banks said Government accounts for $1 000
million of 7-1/2# notes of Series M-I98I, $200 million of 8#
’
notes of Series A-1985 and $771 million of 8-I/4# bonds of 2000-05
issued February 15, 1978.
26/ Exchanged by Federal Reserve banks and Government accounts for 7-5/8#
notes of Series L-1980 issued Frbruary 28, 1978.
22/ Exchanged by Federal Reserve banks and Government accounts for an
additional amounts o*f 7-1/2# notes of Series C-1980 issued March 31,
38/ Exchanged by Federal Reserve banks and Government
notes of Series N-1980 issued May 1, 1978.
23/ Exchanged by Federal Reserve banks and Government
million of 8-1/47. notes of Series A-1988 and $895
bonds of 1995-2000 issued May 15, 1978.
40/ Exchanged by Federal Reserve banks and Government
notes of Series A-1988 issued May 15, 1976.
accounts for 7-3/4%
accounts for $59
million of 8-3/87.
accounts for 8-1/47.
41/ Exchanged by Federal Reserve banks and Government accounts for 8# notes
of Series P-1980 issued May 3 1, 1978.
42/ Exchangedby Federal Reserve banks and Government accounts for 8-I/4#
notes of Series Q-1980 issi’»d Tune 30, 1978.
42/ Exchanged by Federal Reserve banks and Government accounts for 8-1/2#
notes of Series R-1980 issued July 31, 1978.
4 4 / Exchanged by Federal Reserve banks and Government accounts for $34
million of 8-I/4# notes of Series B-1985 and $600 million of 8-3/8#
bonds of 2003-2008 issued August 15, 1978.
45/ Exchanged by Federal Reserve banks and Government accounts for $1,200
millior of 8-3/8# notes of Series N-1981 and $1,400 million of 8-I/4#
notes of Series B-1985 issued August 15, 1978.
46/ Exchanged by Federal Reserve banks and Government accounts for 8-3/8#
notes of Series S-I98O issued August 31, 1978.
42/ Exchanged by Federal Reserve banks and Government accounts for 8-5/8#
notec of Sories T-1980 issued October 2, 1978.
48/ Exchanged by Federal Reserve banks and Government accounts for
8-7/87. notes of Series U-1980 issued October 31, 1978.
49/ Exchanged by Federal Reserve banks and Government accounts for $978
million of 9-1/4% notes of Series K-1982, $931 million of 8-3/4%
notes of Series B-1988, and $678 million of 8-3/47. bonds of 2003-08
issued November 15, 1978.
50/ Exchanged by Federal Reserve banks and Government accounts for 9-1/4%
notes of Series V-1980 issued November 30, 1978.
51/ Exchanged by Federal Reserve banks and Government accounts for
$450 million of 9-7/8% notes of Series W-1980 and $192 million
of notes of Series L-1982 issued January 2, 1979.
52/ Exchanged by Federal Reserve banks and Government accounts for
9-3/87. notes of Series L-1982 issued January 2, 1979.
53/ Exchanged by Federal Reserve banks and Government accounts for 9-3/4%
notes of Series P-1981 issued January 31, 1979.
54/ Exchanged by Federal Reserve banks and Government accounts for $931
million of 9% notes of Series B-1987 and $800 million of 8-3/4% bonds
of 2003-08 issued February 15, 1979.
February 1979
51
PUBLIC DEBT OPERATIONS,
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. dollars; dollar amounts in millions)___________
Month of
activity
1976-Jan.,
Certificates of indebtedness
Certificates of indebtedness
Maturity
date
( 7 /10/75
10/09/75
10/16/75
1 /08/76
1/0 8 /7 6
1 /15/76
10^3^75
1 0/28/75
10/30/75
1/0 8 /7 6
1 /0 8 /7 6
1 /0 8 /7 6
1 /1 5 /7 6
1 /1 5 /7 6
1/2 2 /7 6
1 /2 7 /7 6
1/2 9 /7 6
1 /2 9 /7 6
1/2 9 /7 6
2/0 5 /7 6
5/06/76
7/0 8 /7 6
4 /15/76
4 /15/76
4 /22/76
2 /2 6 /7 6
2/2 6 /7 6
7 /29/75
12/02/75
12/02/75
1 /2 7 /7 6
1 /23/76
2 /0 5 /7 6
6 .7 0
5 .90
5 .6 0
10 /2 4 /7 4
1/2 9 /7 6
1 /2 9 /7 6
1/2 9 /7 6
1 /2 9 /7 6
10/31/77
8/1 5 /7 8
1 1/15/78
7 .8 0
7 .5 0
7.625
6.00
*1 1 /1 3 /7 5
1 /0 8 /7 6
1/2 7 /7 6
1 /2 7 /7 6
2 /0 5 /7 6
2 /1 3 /7 6
2 /2 6 /7 6
2 /2 6 /7 6
, 2 /2 6 /7 6
2 A 3 /7 6
2 /0 5 /7 6
2 /2 6 /7 6
2 /26/76
3 /0 4 /7 6
5/13/76
3 /25/76
6/2 4 /7 6
7/2 9 /7 6
12/02/75
12/02/75
12/02/75
12/30/75
12/30/75
2 /0 5 /7 6
2 /0 5 /7 6
2 /0 6 /7 6
2 /1 3 /7 6
2 A 3 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
2 /05/76
2/0 6 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
2/1 3 /7 6
5 /05/76
5 /05/76
5/05/76
5 /13/76
5/1 3 /7 6
5 /13/76
5 /13/76
5 /13/76
5/13/76
9/04/75
2 /2 6 /7 6
3 /0 4 /7 6
3 /0 4 /7 6
3 /2 5 /7 6
3 /04/76
3 /2 5 /7 6
8/05/769 /02/76
12/14/76
2 /0 5 /7 6
2 A 3 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
3 /0 9 /7 6
3/1 6 /7 6
3 /1 8 /7 6
3 /1 9 /7 6
5/05/76
5 /13/76
5A 3 /7 6
5 /13/76
5 /13/76
6 /0 9 /7 6
6 /1 6 /7 6
6/1 8 /7 6
6 /18/76
4.85
4 .9 0
4 .9 0
4 .9 0
4 .9 0
5 .10
5 .00
5 .0 0
5 .0 0
3/2 2 /7 6
2/15/83
4/08/76
4 /15/76
4/1 5 /7 6
4/2 2 /7 6
10/07/76
10/14/76
5.75
7 .6 0
-
(
[Certificates of indebtedness
Notes
Apr.,
Certificates of indebtedness
Bills
Interest
rate
(percent)
Issue
date
10/09/75
1 /1 5 /7 6
1 /1 5 /7 6
1 /2 2 /7 6
4 /0 8 /7 6
, 4/1 5 /7 6
2 /0 6 /7 6
2 /0 6 /7 6
< 3 /0 9 /7 6
] 3 /1 6 /7 6
I 3 /1 8 /7 6
Total outstanding
end of month
74
41
185
40
80
40
40
35
187
163
97
40
120
20,002
40
20
25
50
50
150
233
40
40
120
5 .6 0
5 .6 0
5 .3 0
5 .30
5.18
4.85
4.85
4 .85
4 .9 0
4 .9 0
4 .9 0
4 .9 0
4 .9 0
4 .9 0
40
236
40
60
60
_
_
-
_
42
48
54
20
163
26
196
15
_
-
-
5 /0 6 /7 6
5 /06/76
6 /09/76
6 /1 6 /7 6
6 /18/76
4.85
4.85
5.10
5 .0 0
5 .0 0
4/0 1 /7 6
1 /3 1 /7 8
6.375
' 2 /0 6 /7 6
2 /1 3 /7 6
5/0 6 /7 6
,/ A 3 /7 6
2 /0 6 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
2 /1 3 /7 6
2 A 3 /7 6
5 /06/76
5 /13/76
H /0 4 /7 6
1 1/12/76
5/06/76
5 A 3 /7 6
5/13/76
5 A 3 /7 6
5 /13/76
_
-
4.85
4 .9 0
4 .9 0
4 .9 0
4 .9 0
40
40
40
_
11
13
4
26
_
500
_
-
43
192
42
48
163
15
196
-
15
-
80
40
-
27
26
6
9
5
-
42
163
187
97
-
100
_
-
40
236
40
243
_
-
_
-
9
15
54
147
15
-
20,070
500
-
20
19
11
13
4
-
_
_
-
20,090
20,013
Treasury Bulletin
52
_________ PUBLIC DEBT OPERATIONS__________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Month of
activity
Securities
1976-May........
Certificates of indebtedness
Bills
June.......
Certificates of indebtedness
I Notes
Bills
July........ [ Certificates of indebtedness
Notes
Bills
Aug........
Issue
date
Certificates of indebtedness
Notes
^ 2A3/76
3/19/76
5/06/76
5/06/76
5/13/76
5/13/76
5/13/76
5/13/76
5/13/76
f 12/04/76
/ 1/08/76
\ 2/26/76
V. 6/03/76
5/13/76
t 6/25/76
I 6/25/76
V, 6/28/76
f 2/26/76
( 4/15/76
\ 7/15/76
V 7/29/76
f 5/13/76
\ 5/13/76
f 7/07/71
J 7/L4/71
< 1/23/75
I 7/07/76
I* 7/14/76
( 3/4/76
I 7/29/76
\ 8/5/76
p 8/26/76
5/13/76
5A3/76
< 5/13/76
8/13/76
8/13/76
> 8/28/75
< 8/28/75
] 10/2/75
Vp 10/2/75
3/04/76
< 8/05/76
1 9/02/76
/ 8/13/76
\ 8/13/76
/ 3A5/72
\ 9/15/76
f 4/08/76
4/15/76
J 7/15/76
10/07/76
10/14/76
10A4/76
^10/14/76
8/13/76
8/13/76
10/01/76
\ 10/29/76
10/29/76
10/29/76
1^10/29/76
5A3/76
6/18/76
8/06/76
8/06/76
8/13/76
8/13/76
8/13/76
8/13/76
8/13/76
6/03/76
7/08/76
6/24/76
12/02/76
8/13/76
6/25/76
11/15/82
3/31/78
7/29/76
7/15/76
10/14/76
8/26/76
8/13/76
8/13/76
7/07/76
7/14/76
8/15/76
8/15/76
8/15/76
8/5/76
8/26/76
9/2/76
9/30/76
8/13/76
8/13/76
8/13/76
11/12/76
11/12/76
8/6/76
8/9/76
8/9/76
8/10/76
9/02/76
9/02/76
9/30/76
9/21/76
9/24/76
9A5/76
2/15/81
10/07/76
10/14/76
10/14/76
1/06/77
4/14/77
1A3/77
1/13/77
11/12/76
11/12/76
11/09/76
1/28/77
4/29/77
7/29/77
10/28/77
10/01/76
10/28/76
10/29/76
10/29/76
10/29/76
A 10/29/76
10/29/76
10/29/76
10/29/76
^10/29/76
5/06/76
5/13/76
11/04/76
11/12/76
9/30/78
8/15/a
1/30/78
4/28/78
9/28/78
10/30/78
1/29/79
4/30/79
7/30/79
10/29/79
11/04/76
11/12/76
2/03/77
5/12/77
f
Sept.......
Blhls
Certificates of indebtedness
Notes
Bills
Certificates of indebtedness
Maturity
date
Interest
rate
(percent)
4.90
5.00
4.95
4.95
5.10
5.10
5.10
5.10
5.10
_
_
_
5.10
6.65
7.60
6.75
_
_
_
5.10
5.10
6.85
6.80
7.50
7.65
7.55
5.10
5.10
5.10
5.20
5.20
8.25
6.50
7.125
7.25
Amount
Issued
_
-
-
I
196
26
-
54
147
15
196
_
_
_
47
600
100
_
_
167
60
_
_
_
_
200
200
_
20
60
-
62
211
_
_
-
160
_
_
43
197
169
_
5.20
5.20
5.10
4.95
5.25
5.35
5.50
200
143
144
144
144
6.25
7.625
5.70
5.80
5.95
6.00
6.05
6.15
6.20
6.25
400
100
96
96
96
96
48
48
48
48
-
_
-
>
9
_
_
54
47
35
60
20
600
_
60
165
>
25
20
200
200
100
_
-
40
60
_
82
15
196
_
75
75
100
100
40
20
10
25
158
Bills
_
_
_
_
_
40
250
19.916
19,901
►
19,758
/
19,368
<
4
19,215
*
43
192
167
_
_
169
15
196
_
_
_
_
-
Oct........
Notes
Total outstanding
end of month
9
60
2.50
7.375
_
_
-
Retired
►
_
_
_
_
_
_
_
-
40
243
*
20,691
February 1979
53
_ _ _ _ _ _ _ _ _ PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreig n Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Month of
activity
Certificates of indebtedness
1976-Nov..........
Notes
>
Bills
Dec..........
..........
Certificates of indebtedness
Notes
Bills
1977-Jan... .
Issue
date
Securities
[ Certificates of indebtedness
Notes
r
Bills
Feb.......... I Certificates of indebtedness
Notes
►
Bills
Maturity
date
Interest
rate
(percent)
Amount
Issued
I 8/13/76
(jLO/29/76
11/12/76
1/28/77
5.20
4.95
-
( 10/30/75
.11/04/76
VJ.l/12/76
3/31/77
11/15/81
11/15/81
6.50
7.75
7.75
200
200
f 3/25/76
6/03/76
) 12/02/76
\ 12/09/76
12/14/76
112/28/76
12A4/76
12/02/76
6/02/77
3/10/77
4/14/77
3/31/77
-
j 10/01/76
( 10/29/76
112/01/76
/* 5/29/75
Uo/30/75
12/09/76
1/28/77
3/31/77
12/28/76
4/30/77
/ 10/07/76
V 1/06/77
1/06/77
6/09/77
-
10/29/76
\ 12/31/76
f* 5/29/75
V 1/28/77
1/28/77
3/31/77
1/28/77
5/15/82
4.95
4.30
6.65
8.00
j 11/04/76
( 2/03/77
^ 2/23/77
2/0 3 /7 7
5/05/77
5/26/77
10/29/76
4/29/77
5.25
f 5/29/75
( 10/02/75
V. 2/28/77
2/28/77
2/28/77
8/15/80
6.90
6.00
9.00
f 12/09/76
,12/28/76
> 2/23/77
3/10/77
3/31/77
5/26/77
5.10
4.95
4.30
6.65
7.375
300
150
47
15
300
300
40
40
30
_
45
300
100
300
56
500
157
260
fL0/14/76
4A4/77
4/14/77
4A4/77
4A4/77
5/26/77
10/13/77
10/13/77
10/29/76
Notes
200
100
500
260
500
202
40
4/29/77
5.25
-
r 5/27/75
/ 6/19/75
V 4/27/77
4/27/77
A/19/77
8/15/81
6.90
6.79
7.625
300
^Bonds
4/19/77
2/15/82
6.375
200
Bills
(11/L2/76
2/03/77
2/23/77
5/05/77
5/12/77
^ 5/26/77
5/L2/77
5/05/77
5/26/77
8/04/77
11/10/77
8/25/77
10/29/76
7/29/77
Notes
*
Bills
f 1/09/75
5/27/75
J 6/19/75
\ 5A6/77
5/19/77
^ 5/27/77
<
Notes
20,617
►
>
»>
>
20,469
42
250
40
18
40
256
10
5.35
6.875
7.00
6.79
5.875
6.375
8.00
f 12/02/76
1/06/77
( 5/26/77
I 6/02/77
L 6/09/77
10/29/76
7/29/77
5.35
6/26/72
6/05/75
/ 6/19/75
] 11/28/75
^ 6/03/77
6/27/77
6/04/77
6/20/77
6/30/77
3/31/81
5.95
6.90
6.83
6.50
6.875
f
20,575
300
303
-
5A9/77
1/31/79
2A5/82
1/15/&3
6/02/77
8/09/77
8/25/77
12/01/77
9/08/77
Certificates of indebtedness
>
197
40
7
-
Certificates of indebtedness
20,689
J
-
Certificates of indebtedness
1
>
240
300
5
-
^
•<
43
43
_
5.90
2.50
6.90
7.50
7.50
7.10
7.00
5.875
J 12/14/76
< 2/23/77
20,753
15
5.25
Apr............
|
>
200
60
4/29/77
Bills
20,908
40
47
47
240
40
300
3/22/77
3/15/77
3/25/77
3/31/80
3/31/80
2/15/84
11/15/79
12/31/80
Notes
5>
125
10/29/76
Mar..........
May..........
27
36
f 7/19/72
9/15/72
5/27/75
3A0/77
3/15/77
3/22/77
3/25/77
^ 3/31/77
Certificates of indebtedness
Total outstanding
end of month
Retired
-
100
300
300
47
-
►
45
100
300
300
20,423
->
10
47
43
56
200
600
200
300
100
►
20,357
54
Treasury Bulletin
________________ PUBLIC DEBT OPERATIONS___________________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institu tions of Foreign Countries—Continued
(Payable in U.S. dollars; dollajr amounts in millions)
MW
rQ
vInl+uVlil r\i*
J
Ui
activity
Securities
Issue
date
Maturity
date
Interest
rate
(percent)
Amount
Issued
'
7.0
6.50
5.875
6.25
300
300
50
50
6.95
300
_
22
4
4
4
_
_
_
200
200
150
400
_
40
_
_
_
50
50
_
43
_
_
_
200
300
200
500
_
40
209
_
27
9
49
17
18
17
_
_
_
6/27/77
8/15/84
7/29/77
10/20/77
10/21/77
10/26/77
10/28/77
7/07/77
7A4/77
7/15/77
7/18/77
7/31/77
11/15/83
11/15/83
2/15/84
1 12/31/79
Bills
/ 5/05/77
\ 8/04/77
' 8/04/77
1 2/02/78
5.35
5.25
5.25
5.20
5.20
5.90
5.875
2.50
7.50
7.50
6.90
6.90
7.25
7.50
_
-
Certificates of indebtedness
n.0/29/76
J 7/20/77
< 7/21/77
7/26/77
V7/28/77
1 10/28/77
10/20/77
10/21/77
10/26/77
10/28/77
5.50
5.25
5.25
5.20
5.20
Notes
V.
f12/19/74
< 8/01/77
^ 8/01/77
8/15/77
5/31/79
1 2/15/80
fBills
f 6/09/77
^ 9/08/77
, 9/08/77
j 3/09/78
7.75
6.125
6.50
_
-
/ Certificates of indebtedness
10/29/76
f 7/19/72
9/04/75
J 9/06/77
9/07/77
9/07/77
k9/22/77
! 10/28/77
' 9/22/77
9/05/77
4/14/77
4/14/77
' 10/13/77
10/13/77
1 10A3/77
'
1 10/13/77
' 4A3/78
4/13/78
10/29/76
10/05/77
10/06/77
{10/14/77
10/17/77
10/24/77
JO/26/77
10/28/77
1/05/78
1/06/78
1/13/78
1/17/78
1/24/78
1/26/78
1/09/75
1/23/75
11/28/75
/12/18/75
>12/18/75
1/29/76
1/29/76
1/29/76
2A5/78
2/15/78
10/31/77
5/15/78
, 8/15/78
. 11/15/78
- 8/15/78
10/31/77
5/12/77
11/10/77
11/28/77
11/28/77
11/28/77
11/02/77
11/14/77
11/22/77
11/25/77
11/10/77
5/11/78
11/30/77
1/03/78
11/30/77
2/02/78
2A4/7 8
2/22/78
2/24/78
Certificates of indebtedness
1977-July.........
Notes
>
Sept....... .
11/15/83
5/15/81
4/30/79
11/15/79
(10/29/76
1 7/20/77
7/21/77
7/26/77
^7/28/77
7/02/72
7/14/72
1/15/73
7/17/75
11/28/75
7/07/77
7/14/77
7/15/77
7/18/77
Bonds
Aug..........
i 6/20/77
6/27/77
6/30/77
1*6/30/77
Notes
Bills
Certificates of indebtedness
Oct..........
Notes
y
Certificates of indebtedness
Nov..........
Notes
>
Bills
, 3^31^80
, 5/15/80
; 8/15/84
<
'
'
i
,
,
/12/14/74
[ 10/29/76
Vll/28/77
!! 11A5/77
1/30/78
1/31/78
f 6/02/77
12/01/77
KL2/05/77
12/06/77
12/07/77
12/08/77
12/09/77
12/12/77
12/13/77
12/14/77
12/01/77
3/02/78
3/06/78
3/06/78
3/07/78
3/08/78
3/09/78
3/13/78
3/13/78
3/14/78
5.50
5.90
7.85
6.875
7.50
6.875
7.20
_
5.50
6.10
6.10
6.15
6.15
6.20
6.20
6.25
6.25
7.50
7.125
7.625
6.00
7.625
7.50
_
_
6.30
6.20
6.10
6.10
7.75
5.70
6.375
_
6.05
6.05
6.05
6.05
6.05
6.05
6.10
6.10
_
265
300
300
45
19
13
45
_
300
_
47
36
12
62
21
46
28
30
18
t
Total outstanding
end of month
Retired
_
_
42
_
.
200
200
156
447
100
_
_
_
-
>
20,197
40
56
22
4
4
4
150
►
20,055
43
45
500
200
►
20,510
_
40
202
42
_
_
►
19,861
100
100
100
150
100
-100
50
50
256
_
300
_
_
_
100
37
47
—
*4
>
20,455
February 1979
55
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Month of
activity
1977-Dec.,
Securities
^ Certificates of indebtedness
Notes
>
Bills
Certificates of indebtedness
1978-Jan.,
Notes
>
Bills
< Certificates of indebtedness
Notes
>
Bills
Issue
date
Jfeturity
date
/12/15/77
12/16/77
12A9/77
12/20/77
12/21/77
12/22/77
12/23/77
12/27/77
^2/30/77
6/29/73
12A6/75
10/29/76
12/12/77
12/12/77
12/12/77
V12/19/77
11/28/77
1.0/05/77
10/06/77
10A4/77
10A7/77
10/24/77
10/26/77
1/03/78
1/05/78
1/06/78
1/09/78
1/10/78
1/12/78
„1/13/78
1/16/78
1/17/78
1/24/78
1/25/78
1/26/78
^1/26/78
4/01/76
10/29/76
11/28/77
1/04/78
1/06/78
1/06/78
1/06/78
1/31/78
1/31/78
T 8/04/77
1 2/02/78
W02/77
11/14/77
11/22/77
11/25/77
2/01/78
2/02/78
2/14/78
2/14/78
2/16/78
2/16/78
2/17/78
2/21/78
2/21/78
2/22/78
2/23/78
2/24/78
2/24/78
2/27/78
2/28/78
>6/28/76
10/29/76
<12/19/77
3/15/78
3/16/78
3/20/78
3/20/78
3/21/78
3/22/78
3/23/78
3/28/78
3/20/78
12/29/77
12/16/77
1/30/78
7/31/79
8/31/79
9/30/79
2/28/78
1/03/78
1/05/78
1/06/78
1/13/78
1/17/78
1/24/78
1/26/78
4/03/78
4/05/78
4/061/78
4/ld/78
4/10/78
4/12/78
4/13/78
4/17/78
4/17/78
4/241/78
4/25/78
4/26/78
4/26/78
1/31/78
1/30/78
|1/31/78
3/31/78
l1/31/78
2/28/78
1/31/7&
11/30/79
12/31/79
2/02/78
8/03/78
|2/02/78
;2/14/76
2/22/78
2/24/76
5/02/76
5/02/76
5A6/76
5/l<?/76
5/16/76
5/16/78
5/17/76
j5/22/78
5/22/76
15/22/78
'5/23/7$
5/24/78
5/24/78
5/26/78
5/29/78
3/31/78
4/28/78
2/28/78
W !
"9/08/79
12/01/77
3/02/78
3/09/78
, 3/21/78
3/21/78
3/27/78
3/27/78
3/30/78
3/30/78
2^28^78
3/09/78
3/02/78
3/31/78
9/07/78
3/31/78
3/31/78
3/31/78
3/31/78
6/22/78
6/29/78
Interest
rate
(percent)
6.10
6.10
6.10
6.00
6.00
6.00
6.00
6.15
6.15
2.50
7.30
5.70
6.25
6.625
6.625
8.00
Total outstanding
end of month
33
23
16
14
24
8
59
27
84
199
200
30
50
50
50
300
300
-
6.15
6.10
6.15
6.15
6.20
6.20
6.15
6.15
6.15 1
6.15
6.70
6.70
6.70
6.70
6.55
6.45
6.45
6.45
6.45
6.375
5.70
6.375
6.75
6.375
8.00
6.375
7.125
7.125
27
9
49
17
18
17
3
67
9
178
75
146
269
86
74
18
29
33
19
6.45
6.45
6.45
6.45
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.45
6.75
5.80
8.00
6.75
8.00
_
_
_
_
_
_
-
21,659
100
29
300
300
100
100
50
50
_
6.30
6.20
6.10
6.10
6.45
6.45
6.45
21,018
40
40
45
19
13
45
7
45
29
2
21
122
33
27
263
13
92
45
64
17
23
21,510
100
30
300
300
100
43
47
47
43
250
250
150
150
350
300
56
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to O fficial Institutions o f Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Amount
Month of
activity
1978-Mar.........
Maturity
date
12/05/77
12/06/77
12/07/77
12/08/77
12/09/77
12/12/77
1 2/13/77
12A4/77
12/15/77
12/16/77
12/16/77
12/19/77
12/20/77
12/21/77
12/22/77
12/23/77
12/27/77
3/06/78
3/06/78
3/07/78
3/08/78
3/09/78
3 /1 3 /7 8
3 /1 3 /7 8
3/14/78
3/15/78
3/16/78
3 /1 6 /7 8
3/20/78
3/20/78
3/21/78
3/22/78
3/23/78
3/28/78
6.05
6.05
6.05
6.05
6.05
6.05
6.10
6.10
6.10
6.10
6.10
6.10
6.00
6.00
6.00
6.00
6.15
12/30/77
3/02/78
3/02/78
3/06/78
3/06/78
3/07/78
3/08/78
3/09/78
3 /1 3 /7 8
3/13/78
3/14/78
3/1 5 /7 8
3/15/78
3/15/78
3/16/78
3/16/78
3/16/78
3/20/78
3/20/78
3/21/78
3/22/78
3/23/78
3/28/78
3/29/78
3/29/78
3/30/78
3/30/78
6/02/78
6/02/78
6/06/78
6/06/78
6/07/78
6/08/78
6/09/78
6/13/78
6/13/78
6/14/78
6/15/78
6/15/78
6/15/78
6/1 6 /7 8
6 /1 6 /7 8
6/16/78
6/20/78
6/20/78
6/21/78
6/22/78
6/23/78
6/28/78
6/29/78
6/29/78
6/30/78
6.15
6.45
6.45
6.45
6.45
6.35
6.35
6.35
6.35
6.35
6.30
6.30
6.30
6.30
6.30
6.30
6.30
6.30
6.30
6.20
6.20
6.20
6.35
6.35
6.35
6.35
Notes
s.
7/19/72
{ 10/29/76
^3/22/78
3/22/78
A/28/78
2/15/85
Bills
(l0/l3/77
J10/13/77
A/13/78
4A3/78
10/12/78
10/12/78
5.95
5.80
7.90
_
_
Securities
i
Certificates of indebtedness
t
Certificates of indebtedness
Apr.........
Interest
rate
(percent)
Issue
date
e
i
"1/03/78
1/05/78
1/05/78
1/05/78
1/06/78
1/09/78
1/09/78
1/10/78
1/10/78
1/L2/78
1/12/78
1/1 3 /7 8
1 /1 3 /7 8
1/13/78
1/16/78
1/16/78
1/17/78
1 /1 7 /7 8
. 1/17/78
1/24/78
1/25/78
1/25/78
1/26/78
1/26/78
1/26/78
1/26/78
4/03/78
4/04/78
4/04/78
4/05/78
4/05/78
4/06/78
4/06/78
4/03/78
4/05/78
4/05/78
7/05/78
4/06/78
4A0/78
4A0/78
4/10/78
4A0/78
4/12/78
4/12/78
4/13/78
4/13/78
4/13/78
4/17/78
4/17/78
4/17/78
4/17/78
4/17/78
4/24/78
4/25/78
4/25/78
4/26/78
4/26/78
4/26/78
4/26/78
7/03/78
7/05/78
7/05/78
7 /0 5 /7 8
7/0 5 /7 8
7/06/78
7/06/78
_
6.15
6.15
6.15
6.45
6.15
6.15
6.15
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.55
6.55
6.55
6.45
6.45
6.45
6.45
6.45
6.45
6.45
6.35
6.45
6.45
6.45
6.45
6.45
6.45
Issued
_
_
_
_
_
_
_
45
45
36
12
62
21
46
28
30
18
137
137
33
23
49
49
16
14
24
8
59
27
14
14
84
_
_
500
_
_
40
216
_
_
_
_
_
_
_
_
_
_
_
_
_
_
3
35
35
27
40
9
-
Total outstanding
end of month
Retired
36
12
62
21
46
28
30
18
33
23
23
16
14
24
8
59
27
I
'
22,614
84
_
_
_
_
_
_
500
37
-
*
40
209
3
27
40
27
9
89
89
38
38
73
73
49
110
110
43
43
17
29
29
18
15
15
17
8
8
19
_
_
_
_
9
►
22,438
57
February 1979
PUBLIC DEBT OPERATIONS,
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Month of
activity
Securities
>
Bills
1978-May...... If Certificates of indebtedness
Issue
date
Maturity
date
4 /10/78
4/1 0 /7 8
4/1 0 /7 8
4 /1 0 /7 8
4/1 0 /7 8
4/1 2 /7 8
4 /1 2 /7 8
4/1 3 /7 8
4/1 3 /7 8
4 /1 3 /7 8
4 /1 3 /7 8
4 /1 7 /7 8
4 /1 7 /7 8
4 /1 7 /7 8
4 /1 7 /7 8
4 /17/78
4 /1 7 /7 8
4 /2 4 /7 8
4 /2 4 /7 8
4 /2 5 /7 8
4 /2 5 /7 8
4 /2 6 /7 8
4 /2 6 /7 8
^ 4/26/78
7 /1 0 /7 8
7 /1 0 /7 8
7 /1 0 /7 8
7 A 0 /7 8
7 /1 0 /7 8
7 /1 2 /7 8
7 /1 2 /7 8
7 /1 3 /7 8
7 /1 3 /7 8
7 /1 3 /7 8
7 /1 3 /7 8
7 /1 7 /7 8
7 /1 7 /7 8
7 A 7 /7 8
7 /1 7 /7 8
7/1 7 /7 8
7 /1 7 /7 8
7 /2 4 /7 8
7/2 4 /7 8
7 /2 5 /7 8
7 /2 5 /7 8
7 /2 6 /7 8
7 /2 6 /7 8
7 /2 6 /7 8
4/07/72
1 0/29/76
.4 / 0 7 / 7 8
4 /0 7 /7 8
4/2 8 /7 8
3 /31/85
5/11/78
1 1 /9 /7 8
6.20
5.8 0
8.05
5 /2 /7 8
5 /2 /7 8
5/2 /7 8
5 A 6/78
5/16/78
5/161/78
5/16/78
5/16/78
5/16/78
5/108
5 /17/78
5/17/78
5/22/78
5 /2 2 /7 8 '
5/22/78
5/22/78
5 /2 i/7 8
5/22/78
5/22/78
5/23/78
5/23/78
5/24/78
5/24/78
5/24/78
5/26/78
5/26/78
5/29/78
5/29/78
6 /6 /7 8
6/|/78
6.45
6.45
6.45
6.45
6.45
6.45
6.4 5
■6.45
6.45
6.45
6.45
6.45
6 .5 0
'6.50
6 .5 0
■6.50
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6.45
6.45
6.45
6.45
6.35
6.35
6 .35
6.35
6 .35
6.30
6 .3 0
6 .3 0
6 .3 0
6 .3 0
6.20
6.20
6.20
6.45
6 .4 0
6 .4 0
6 .4 0
6.40
6.30
6.30
6 .3 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
11/10/77
5 /11/78
' 2 /1 /7 8
2 /1 /7 8
2 /2 /7 8
2/1 4 /7 8
2 /1 4 /7 8
2/1 4 /7 8
2 /1 4 /7 8
2 /1 6 /7 8
2/1 6 /7 8
2 A 6 /7 8
2 /1 7 /7 8
2/L7/78
2 /2 1 /7 8
2 /2 1 /7 6
2 /2 1 /7 8
2 /2 1 /7 8
2 /2 1 /7 8
2 /2 1 /7 8
2 /2 2 /7 8
2 /2 3 /7 8
2 /2 3 /7 8
2 /2 4 /7 8
2 /2 4 /7 8
2 /2 4 /7 8
2 /2 7 /7 8
2 /2 7 /7 8
2/2 8 /7 8
2 /2 8 /7 8
3 /6 /7 8
3 /6 /7 8
3 /7 /7 8
3 /8 /7 8
3 /9 /7 8
3 A 3 /7 8
3/1 3 /7 8
3 /1 4 /7 8
3 /1 5 /7 8
3 A 6 /7 8
3 /2 0 /7 8
3 /2 0 /7 8
3 /2 1 /7 8
3 /2 2 /7 8
3 /2 3 /7 8
4 /1 0 /7 8
4 /1 2 /7 8
4 A 3 /7 8
4 /1 7 /7 8
4/17/78
f2Q
4 /2 6 /7 8
5/2 /7 8
6/1 3 /7 8
'6/1 4 /7 8
6/1 5 /7 8
6/1 6 /7 8
6/2 0 /7 8
6/2 0 /7 8
6/2 1 /7 8
6 /2 2 /7 8
6/2 3 /7 8
7 /1 0 /7 8
7 /1 2 /7 8
7 /1 3 /7 8
7 /1 7 /7 8
7 /1 7 /7 8
7/2 5 /7 8
7 /2 6 /7 8
7 /2 6 /7 8
8 /2 /7 8
$ $
5 /2 /7 8
5 /2 /7 8
$ $
i/ 2 /7 8
8 /2 /7 8
Amount
Interest
rate
(percent)
6.45
6.45
6.45
6 .40
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .4 0
6 .15
6 .1 5
6 .3 0
6.30
6.30
6.30
6 .3 0
Total outstanding
end of month
38
38
89
73
73
49
110
110
48
17
43
43
17
29
29
18
18
15
15
8
8
19
400
29
400
265
275
3
3
45
5
5
2
19
21
61
61
17
17
88
88
44
44
16
11
13
46
46
32
32
45
12
12
12
36
62
21
46
28
30
18
33
23
14
16
24
28
6
38
73
110
43
29
15
8
19
3
3
3
45
45
21,476
58
Treasury Bulletin
____________PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable In U.S. dollars; dollar amounts in millions)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
(percent)
5/1 6 /7 8
5/16/78
5/1 6 /7 8
5/16/78
5/1 6 /7 8
5/16/78
5 /17/78
5/17/78
5/22/78
5/22/78
5 /22/78
5 /22/78
5/2 3 /7 8
5 /23/78
5/2 4 /7 8
5 /24/78
5 /26/78
5 /26/78
5 /2 9 /7 8
^ 5/29/78
8 /16/78
8 /16/78
8 /16/78
8 /1 6 /7 8
8/1 6 /7 8
8/1 6 /7 8
8 /1 7 /7 8
8/1 7 /7 8
8 /22/78
8 /2 2 /7 8
8/2 2 /7 8
8/2 2 /7 8
8/2 3 /7 8
8/2 3 /7 8
8/2 4 /7 8
8 /24/78
8 /25/78
8 /25/78
8 /29/78
8/2 9 /7 8
6.35
6 .35
6.35
6.35
6.35
6.35
6.35
6 .35
6.35
6 .35
6.35
6.35
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .5 0
6 .65
6.65
Notes
10/29/76
7 /2 8 /7 8
5.95
Bills
f 3/3 0 /7 8
^ 3 /3 0 /7 8
o/22/78
6 /2 9 /7 8
*3/02/78
3 /0 2 /7 8
3 A 5 /7 8
3 /1 5 /7 8
3 /1 6 /7 8
3 /1 6 /7 8
3 /2 3 /7 8
3 /2 8 /7 8
3 /2 9 /7 8
3 /2 9 /7 8
3 /3 0 /7 8
5 /16/78
( 5 /17/78
5/22/78
6 /0 2 /7 8
6/02/78
6/1 5 /7 8
6 /1 5 /7 8
6 A 6 /7 8
6 A 6 /7 8
6/2 7 /7 8
6 /2 9 /7 8
^ 6/29/78
Issued
_
5
5
61
61
17
17
88
88
44
8
46
32
32
9
9
12
12
-
_
_
-
-
6 /0 2 /7 8
6 /0 2 /7 8
6 /1 5 /7 8
6 /1 5 /7 8
6 A 6 /7 8
6 /1 6 /7 8
6 /2 3 /7 8
6 /2 8 /7 8
6 /2 9 /7 8
6 /2 9 /7 8
6 /3 0 /7 8
8 /1 6 /7 8
8/1 7 /7 8
8/2 2 /7 8
9 /0 1 /7 8
9 /01/78
9/1 5 /7 8
9/1 5 /7 8
9 /1 5 /7 8
9/1 5 /7 8
9/2 7 /7 8
9 /2 9 /7 8
9/2 9 /7 8
6.45
6.45
6 .3 0
6 .3 0
6 .3 0
6 .3 0
6 .2 0
6.35
6.35
6.35
6.35
6.35
6.35
6 .3 5
6.65
6.65
6 .65
6.65
6 .65
6 .65
7 .0 0
7 .0 0
7 .0 0
_
Notes
10/29/76
7 /2 8 /7 8
5.95
s
"4-03-78
4-04-78
4-04-78
4-05-78
4 -10-78
4-10-78
4 -12-78
4 -13-78
4 -17-78
4 -17-78
4 -25-78
4 -26-78
5-22-78
5-22-78
5-23-78
5-24-78
5-26-78
5-29-78
6-02-78
6-15-78
7-05-78
7 -05-78
7 -05-78
7 -05-78
7-05-78
7-06-78
7 -10-78
7-10-78
7-10-78
7-10-78
7-12-78
7-12-78
7-13-78
7-13-78
7-17-78
7-17-78
7-25-78
7-26-78
7-03-78
7-05-78
7-05-78
7-05-78
7-10-78
7-10-78
7-12-78
7-13-78
7-17-78
7-17-78
7-25-78
7-26-78 8-22-78
8-22-78
8-23-78
8-24-78
8-25-78
8-29-78
9-01-78
9-15-78
10-05-78
10-05-78
10-05-78
10-05-78
10-05-78
10-05-78
10-10-78
10-10-78
10-10-78
10-10-78
10-12-78
10-12-78
10-13-78
10-13-78
10-17-78
10-17-78
10-25-78
10-26-78
6.35
6.45
6.45
6.45
6.45
6 .45
6 .4 0
6 ,4 0
6 .4 0
6 .4 0
6 .3 0
6 .3 0
6,35
6 .35
6,5 0
6 .5 0
6 .5 0
6 ,65
6 .65
6 .6 5
7 .05
7 .05
7 .05
7 ,0 5
7 .05
7 .05
7 .0 5
7 .05
7 .05
7 .05
7 .2 0
7 .2 0
7 .2 0
7 .2 0
7 .2 0
7 .2 0
6 .95
6 .95
/'4-07-72
iLO-29-76
v7-07-78
7-28-78
7-28-78
5-15-85
6 ,2 0
5.95
8 .5 0
June........... /Certificates of indebtedness
.Tilly........... /Certificates of indebtedness
totes
_
-
_
_
45
45
137
137
49
49
5
14
14
-
_
_
_
_
.
_
_
„
35
35
40
Total outstanding
end of month
Retired
5
23
_
_
-
_
-
_
_
-
-
37
350
300
45
45
137
137
49
49
33
27
14
14
84
38
17
44
-
J
^
20,558
-
-
30
3
35
35
40
89
38
73
110
43
29
15
8
44
44
46
32
9
12
45
9
_
_
40
1
11
89
38
..
_
_
_
89
38
73
110
_
43
29
15
8
_
_
400
73
107
_
_
_
-
400
29
>
19,952
February 1979
59
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions cf Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Month of
activity
Issue
date
r 2-02-78
, 3-02-78
Aug.
< Certificates of indebtedness
Bills
Sept.
< Certificates of indebtedness
Maturity
date
8-03-78
8-31-78
Interest
rate
(percent)
.
-
^ 5-02-78
5-16-78
5-16-78
5-17-78
5-22-78
5-22-78
5-23-78
5-24-78
5-26-78
5-29-78
6-15-78
7-13-78
7-17-78
7-17-78
7-26-78
7-25-78
8-07-78
8-07-78
8-10-78
8-10-78
8-14-78
8-14-78
8-16-78
8-16-78
8-16-78
8-16-78
8-17-78
8-18-78
8-18-78
8-18-78
8-21-78
8-21-78
8-21-78
8-22-78
8-22-78
8-23-78
8-23-78
8-23-78
8-23-78
8-2^-78 '
8-23-78 1
8-25-78
8-25-78
8-29-78
8-31-78
8-31-78
^ 8-31-78
8-02-78
8-16-78
8-16-78
8-17-78
8-22-78
8-22-78
8-23-78
8-24-78
8-25-78'
8-29-78
9-15-78
10-13-78
10-17-78
10-17-78'
10-26-78
10-25-78'
11-02-781
il-0 3 -7 8
11-10-78
ll-io -7 8 '
il-1 4 -7 8
il-1 4 -7 8
il-1 6 -7 8
11-16-78
11-16-78
11-16-78
il-1 7 -7 8
ii-2 0 -7 8
11-20-78'
i l - 20-78
11-^1-78
ii-2 1 -7 8 ,'
11-21-78
11-21-78,
11-21-78
11-24-78'
4 -?4 -7 8
11^-24-78'
11-24-78
11-24-78.,
il-2 4 -7 8 1
11-24-78
11-2^-78
11-29-781
11-30-78!
11-^0-78
1 1 -3 0 -7 8 1
flO -29-76
{ 8-08-78
V. 8-9-78
10-30-78!
7-31-79"
7-31-79
6.00
6.25
6.25
9-07-78
3-08-79!
9 -01-78 ]
9-15-78
9-15-78
9-15-78
9-15-78
, 9-27-78
9-29-78
9-29-78
lo-os-te
11-10-78
11-16-78
11-17-78
11-21-78
11-21-78
11-24-78,
11-24-78
12-01-78
12-15-781
12-15-78'
12-15-78
12-15-78,
12-15-78
12-21-78
12-22-78
1 2 -2 7 -7 8 1
12-27-78
12-27-78
12-27-78
12-27-78:
12-27-78
12-27-78
12-28-78
12-29-78
12-29-78
12-29-78
12-29-78
6.65
6.65
6.65
■6.65
6.65
7 .0 0 ,
7 .0 0
7 .0 0
7.05
6 .8 0
6 .9 0
6 .9 0
7 .3 0
7 .3 0
7 .3 0
7 .3 0
7.3 5
7 .7 0
7 .7 0
7 .7 0
7 .7 0
7 .7 0
7 .9 0
7 .9 0
8 .1 0
8 .1 0
8 .1 0
8.1 0
8 .1 0
8 .1 0
8 .1 0
8 .1 0
8 .1 0
8 .1 0
8 .1 0
8 .1 0
[
3-09-78
^ 9-07-78
/"6-02-78
6-15-78
6-15-78
6-16-78
6-16-78
6-27-78
6-29-78
6-29t-78
7-05-78
8-10-78
8-16-78 !
8-17-78 i
/ 8-22-78
8-22-78
8-23-78
8-24-78
9-01-78
9-15-78
9-15-78
9-15-78
9-15-78
9-15-78
9-21-78
9-22-78
9-26-78
9-26-78
9-26-78
9-27-78
9-27-78
9-27-78
9-27-78
9-28-78
9-29-78
9-29^78
9-29-78
^9-29-78
r 7-10-72
/ 10-1-76
] 10-29-76
V. 9-22-78
Q-22-78
9-30-78
10-30-78
8-15-85
6.50
6.35
6.35
6.35
6.35
6.35
6.50
6.50
6.50
6.65
6.65
7.20
7.20
7.20
6.95
6.95
6.90 ,
6.90
6.80,
, 6.80
6.80
6.80
6.90
6.90
6 .90
6.90
6.90
6.90
6 .90 .
6.90
6.90
6.90
6.90
7.30
7.30
7.30
7.30
7.30
7.30
7.30
7.30
'7.30
7.30
7.35
7.35
7.35
7.35
.
6 .0 0 ,
6.25
6 .0 0
8 .5 0
Issued
Retired
_
2
3
39
39
41
41
15
45
45
19
17
21
21
6
9
32
32
88
44
46
6
33
33
32
9
10
10
12
19
43
43
400
850
3
61
5
17
88
44
46
32
9
12
102
3
43
29
8
15
37
-
43
_
_
_
_
_
45
137
49
27
27
10
3
22
9
10
10
5
13
26
26
26
6
34
34
14
45
26
137
49
49
5
14
14
35
19
15
17
88
44
46
4
_
_
-
_
_
_
500
Total outstanding
end of month
40
47
21,415
43
500
400
30
20,912
Treasury Bulletin
60
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts xn millions)
Amount
Month of
activity
Issue
date
Securities
(
Bills
Certificates
{
I
{
1978- Oct.........
Notes
I
\
/
I
M
D l t11
l Se
I
1
Maturity
date
Interest
rate
(percent)
Issued
10-12-78
4-13-78
4-13-78
4-12-79
10-12-78
10-12-78
7-05-78
7-05-78
7-06-78
8-10-78
8-14-78
8-16-78
8-18-78
8-18-78
8-21-78
8-24-78
8-25-78
8-29-78
9-01-78
9-15-78
9-15-78
10-05-78
10-05-78
10-05-78
10-05-78
10-05-78
10-05-78
10-06-78
10-06-78
10-06-78
10-12-78
10-12-78
10-12-78
10-13-78
10-13-78
10-13-78
10-18-78
10-18-78
10-18-78
10-19-78
10-19-78
10-23-78
10-27-78
10-27-78
10-30-78
10-30-78
10-31-78
10-31-78
10-05-78
10-05-78
10-05-78
11-10-78
11-14-78
11-16-78
11-20-78
11-20-78
11*21-78
11-24-78
11-24-78
11-29-78
12-01-78
12-15-78
12-15-78
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
1-12-79
1-12-79
1-12-79
1-12-79
1-12-79
1-12-79
1-18-79
1-18-79
1-18-79
1-19-79
1-19-79
1-23-79
1-26-79
1-26-79
1-30-79
1-30-79
1-31-79
1-31-79
_
7.05
7.05
7.05
6.80
6.80
6.90
6.90
6.90
6.90
7.30
7.30
7.35
7.35
7.70
7.70
8.20
8.20
8.20
8.20
8.20
8.20
8.20
8.20
8.20
8.25
8.25
8.25
8.25
8.25
8.25
8.20
8.20
8.20
8.20
8.20
8.20
7.90
7.90
7.90
7.90
8.45
8.45
4-07-72
10-29-76
5-16-77
10-02*78
10-05-78
10-06-78
10-06-78
10-06-78
10-10-78
10-06-78
10-30-78
1-31-79
9-30-80
9-30-79
9-30-79
8-15-85
10-31-79
11-30-79
6.20
6.00
5.875
8.625
6.625
6.625
8.55
7.25
7.125
5-11-78
11-09-78
11-09-78
5-10-79
-
_
275
-
288
-
8-07-78
8-07-78
8-10-78
8-14-78
8-16-78
8-16-78
8-18-78
8-18-78
8-21-78
8-21-78
8-23-78
8-23-78
8-23-78
8-23-78
8-25-78
8-25-78
8-31-78
8-31-78
8-31-78
11-02-78
11-03078
11-10-78
11-14-78
11-16-78
11-16-78
11-20-78
11-20-78
11-21-78
11-21-78
11-24-78
11-24-78
11-24-78
11-24-78
11-24-78
11-24-78
11-30-78
11-30-78
11-30-78
6.90
6.90
6.80
6.80
6.90
6f90
6.90
6.90
6.90
6.90
7.30
7.30
7.30
7.30
7.30
7.30
7.35
7.35
7.35
-
9-15-78
9-27-78
9-29-78
10-05-78
10-05-78
10-05-78
10-05-78
10-05-78
12-15-78
12-27-78
12-29-78
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
7.70
8.10
8.10
8.20
8.20
8.20
8.20
8.20
11-01-78
11-01-78
11-01-78
11-02-78
11-02-78
11-03-78
11-03-78
2-01-79
2-01-79
2-01-79
2-02-79
2-02-79
2-02-79
2-02-79
8.45
8.45
8.45
8.45
8.45
8.45
8.45
226
-
-
35
52
52
1
11
53
20
34
34
26
39
19
27
14
10
54
27
25
11
6
6
243
120
157
77
75
37
400
475
25
450
500
300
.
.
.
.
-
_
.
.
-
-
40
216
35
1
11
19
41
45
5
16
1
28
9
12
45
137
*
-
-
-
-
-
450
29
100
-
-
2
3
39
41
45
19
6
21
31
9
6
13
33
20
10
10
19
43
43
49
5
14
9
-
1*
3
26
8
-
5
104
51
2
-
3
289
►
-
-
Total outstanding
end of month
Retired
.
.
-
2
.
-
✓
23,315
February 1979
61
JPUBLIC DEBT OPERATION£L
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign
Countries—Continued
________________ (Payable in U.S. dollars; dollar amounts in millions)________________
Month of
activity
1978-Nov.
Issue
date
€ertificates of Indebtedness
Maturity
date
Interest
rate
(percent)
11-03-78
11-03-78
11-03-78
11-06-78
11-06-78
11-06-78
11-06-78
11-08-78
11-08-78
11-10-78
11-10-78
11-10-78
11-10-78
11-10-78
11-10-78
11-13-78
11-13-78
11-13-78
11-14-78
11-14-78
11-14-78
11-14-78
11-15-78
11-15-78
11-15-78
11-16-78
11-16-78
11-16-78
11-20-78
11-20-78
11-20-78
11-21-78
11-21-78
11-21-78
11-24-78
11-24-78
11-24-78
11-24-78
11-24-78
11-24-78
11-2^-78
11-24-78
11-24-78
11-24-78
11-24-78
11-24-78
11-24-7?
11-29-78
11-30-78
11-30-78
11-30-78
2-02-79
2-02-79
2-02-79
2-06-79
2-06-79
2-06-79
2-06-79
2-08-79
2-08-79
2-09-79
2-09-79
2-09-79
2-09-79
2-09-79
2-09-79
2-13-79
2-13-79
2-13-79
2-14-79
2-14-79
2-14-79
2-14-79
2-15-79
2-15-79
2-15-79
2-16-79
2-16-79
2-16-79
2-20-79
2-20-79
2-20-79
2-21-79
2-21-79
2-21-79
2-23-79
2-23-79
2-23-79
2-23-79
2,-23-79
2-23-79
2-23-79
2«*23<»79
2-23-78
2-23-79
2-23-79
2-23-79
2^23-79
2-28-79
3'-01-78
3-01-79
3-01-79
8.45
8.45
8.45
8.45
8.45
8.45
8.45
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
8.60
8.60
8.60
8.60
8.60
8.60
8.60
8 .60
8.60
8.60
8.60
8 .60
8 .60
8 .70
8^70
8.70
8 .70
8 .70
8 .70
8 .70
8 .7 0
8 .70
8l 70
8.70
8.70
8.70
8.70
8.70
8.70
9 .20
9.20
9.20
9.20
1-29-76
10-29-76
9-15-78
9-15-78
9-15-78
9-15-78
9-15-78
9-21-78
9-22-78
9-26-78
9-26-78
9-26-78
9-27-78
9-27-78
9-27-78
11-15-78
1-29-79
6.00
6.05
Total outstanding
end of month
142
128
72
50
287
141
27
13
75
39
504
70
40
30
37
213
3
10
41
153
12
31
195
45
19
6
21
9
32
62
122
19
33
20
10
10
20
17
20
6
25
20
43
43
50
19
9-28-78
9-28-78
9-29-78
9-29-78
9-29-78
12-15-78
12-15-78
12-15-78
12-15-78
12-15-78
12-21-78
12-22-78
12-27-78
12-27-78
12-27-78
12-27-78
12-27-78
12-27-78
12-27-78
12-28-78
12-28-78
12-29-78
12-29-78
12-29-78
10-05-78
10-05-78
10-05-78
10-05-78
10-06-78
10-06-78
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
8.20
8.20
8.20
8.20
8.20
8.20
18
9
1
7
11-06-78
11-10-78
11-14-78
11-14-78
11-16-78
11-24-78
11-24-78
11-30-78
11-30-78
11-30-78
2-06-79
2-09079
2-14-79
2-14-79
2-16-79
2-23-79
2-23-79
3-01-79
3-01-79
3-01-79
8.45
9.05
8.60
8.60
8.60
8.70
8.70
9.20
9.20
9.20
50
26
4
37
1
5
4
19
16
27
9-27-78
3
8
*
27
27
3
7.90
22
8 .1 0
9
8.10
10
10
10
8.10
8.10
8.10
8.10
3
26
8.10
8 .1 0
8 .1 0
8 .1 0
8 .1 0
8 .1 0
6
6
34
34
26
20
5
22
Treasury Bulletin
62
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign
Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
(precent)
Issued
<
1979-Jan.
Certificates of Indebtedness
Certificates of Indebtedness
12-01-78
12-01-78
12-06-78
12-06-78
12-07-78
12-07-78
12-07-78
12-12-78
12-12-78
12-13-78
12-13-78
12-15-78
12-15-78
12-15-78
12-15-78
12-18-78
12-18-78
12-19-78
12-21-78
12-22-78
12-27-78
12-27-78
12-27-78
12-27-78
12-27-78
12-27-78
12-28-78
12-28-78
12-29-78
12-29-78
12-29-78
12-29-78
3-01-79
3-01-79
3-06-79
3-06-79
3-07-79
3-07-79
3-C7-79
3-12-79
3-12-79
3-13-79
3-13-79
3-15-79
3-15-79
3-15-79
3-15-79
3-19-79
3-19-79
3-19-79
3-21-79
3-22-79
3-27-79
3-27-79
3-27-79
3-27-79
3-27-79
3-27-79
3-28-79
3-28-79
3-30-79
3-30-79
3-29-79
3-29-79
9.20
9.20
9.00
9.00
9.00
9.00
9.00
8.95
8.95
8.95
8.95
8 .95
8.95
8 .95
8.95
8.95
8.95
9.25
9.25
9.25
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
9.35
79
9
25
5
38
5
5
88
105
133
464
27
27
65
164
2f»
7
90
100
17
54
10
10
26
26
4
77
38
198
34
34
-
10-29-76
fl0-05-78
10-05-78
10-06-78
10-06-78
10-06-78
10-12-78
10-12-78
10-12-78
10-13-78
10-13-78
12-06-78
6.05
1-05-79
1-05-79
1-05-79
1-05-79
1-05-79
1-12-79
1-12-79
1-12-79
1-12-79
1-12-79
8 .20
8.20
8.20
8.20
8 .20
8.25
8.25
8.25
8.25
8.25
10-13-78
10-18-78
10-18-78
10-18-78
10-19-78
10-19-78
10-23-78
10-27-78
10-27-78
10-30-78
10-30-78
10-31-78
10-31-78
1-12-79
1-18-79
1-18-79
1-18-79
1-19-79
1-19-79
1-23-79
1-26-79
1-26-79
1-30-79
1-30-79
1-31-79
1-31-79
8.25
8.20
8.20
8 .20
8 .20
8.20
8 .20
7.90
7.90
7.90
7.90
8.45
8.45
11-01-78
11-03-78
11-06-78
11-16-78
11-16-78
11-20-78
11-21-78
11-24-78
11-24-78
11-30-78
11-30-78
2-01-79
2-02-79
2-06-79
2-16-79
2-16-79
2-20-79
2-21-79
2-23-79
2-23-79
3-01-79
3-01-79
8 .45
8.45
8.45
8.60
8 .60
8.60
8 .70
8 .70
8.70
9.20
9.20
12-15-78
12-15-78
12-15-78
12-27-78
12-27-78
12-27-78
12-27-78
12-29-78
3-15-79
3-15-79
3-15-79
3-27-79
3-27-79
3-27-79
3-27-79
3-29-79
8 .95
8 .95
8 .95
9 .35
9.35
9.35
9.35
9.35
1-02-79
1-03-79
1-03-79
1-04-79
1-05-79
1-05-79
1-05-79
1-08-79
1-12-79
1-12-79
1-18-79
1-18-79
1-18-79
1-19-79
1-19-79
1-26-79
1-26-79
1-30-79
1-30-79
1-31-79
4-02-79
4-03-79
4-03-79
4-04-79
4-05-79
4-05-79
4-05-79
4-09-79
4-12-79
4-12-79
4-18-79
4-18-79
4-18-79
4-19-79
4-19-79
4-26-79
4-26-79
4-30-79
4-30-79
4-30-79
1-31-79
V.
10-29-76
l
_
_
_
_
_
_
_
.
.
-
Retir
_
11
15
10
25
54
27
11
6
6
243
120
157
77
75
38
5
128
22
10
33
21
32
33
10
24
19
15
2
27
10
26
10
24
34
_
.
.
_
86
_
.
_
.
.
10
67
33
55
54
27
11
6
235
116
149
74
71
4-30-79
9 .35
35
-
1-29-79
6.05
-
18
-
27,398
52
52
12
34
34
26
39
19
27
14
9 .40
9 .40
9.40
9 .40
9 .40
9 .40
9 .40
9 .40
9.35
9.35
9.45
9.45
9.45
9.45
9.45
9.30
9.30
9.35
9.35
9.35
90
34
12
21
89
89
Total outstanding
end of month
-
_
-
26,928
February 1979
63
.PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of, Foreign Countries
(Dollar amounts in millions)
Payable
in —
Month of
activity
1976-Feb..,
Mar..,
Apr..,
May..,
June.
July.
Aug..,
Nov..
Dec..
Maturity
date
Amount
(Dollar equivalent)
Interest
rate
(percent)
Total outstanding
end of month
francs
francs
francs
francs
11/01/74
1 1/20/74
2/02/76
2/2 0 /7 6
2 /0 2 /7 6
2 /2 0 /7 6
8/0 2 /7 7
8/1 9 /7 7
6 .3 5
64
38
Swiss francs
Swiss francs
11/29/74
3 /0 1 /7 6
3 /0 1 /7 6
9 /0 1 /7 7
7 .3 0
6 .4 0
38
Notes
Swiss francs
Swiss francs
1/20/75
4/20/76
4/20/76
10/20/77
6 .9 7
Notes
Swiss francs
Swiss francs
2/28/75
5/28/76
5 /28/76
11/28/77
Notes
Swiss francs
Swiss francs
6/13/75
6/1 4 /7 6
6 /1 4 /7 6
12/14/77
5.79
6 .75
Notes
Swiss francs
Swiss francs
4/07/75
7/07/76
7/0 7 /7 6
1/0 6 /7 8
6.88
Notes
Swiss
Swiss
Swiss
Swiss
francs
francs
frames
francs
5/06/75
5/20/75
8 /6 /7 6
8 /20/76
8 /06/76
8/20/76
2 /0 6 /7 8
2 /2 0 /7 8
6 .8 0
6 .4 0
6 .5 0
6.35
Swiss francs
Swiss francs
6/11/75
9 /1 0 /7 6
9 /10/76
3 /1 0 /7 8
Swiss francs
Swiss francs
7/08/75
10 /8 /7 6
10/08/76
4 /07/78
7 .1 5
5.95
38
Swiss francs
Swiss francs
7/29/75
10/29/76
1 0/29/78
4 /2 8 /7 8
7.35
5.80
50
Notes
Swiss francs
6 /11/75
1 2/10/76
6 .39
Notes
Swiss francs
Swiss francs
Swiss francs
6 /11/75
9 /08/75
12/10/76
12/10/76
3 /0 8 /7 7
6 /0 9 /7 8
6 .3 9
7.75
5.25
Notes
Notes
Sept.
Oct..
r
Issue
date
Notes
Swiss
Swiss
Swiss
Swiss
7 .9 4
7 .3 0
6.08
64
38
38
127
6.10
6.10
127
7.05
33
6 .7 0
33
30
30
67
67
33
36
33
36
148
148
1 .5 9 9
1.599
1.599
1.599
1.599
1.599
1.599
1.599
38
1.599
50
1 ,579
150
20
1,546
137
1977-Jan..
Notes
Swiss francs
9 /08/75
3 /0 8 /7 7
7.75
26
1,520
Feb..
Notes
Swiss frincs
9 /08/75
3 /0 8 /7 7
7.75
26
1,494
Mar..
Swiss francs
Swiss francs
Swiss francs
9 /08/75
10/06/75
3 /0 8 /7 7
3 /0 8 /7 7
4/Q6/77
9 /0 8 /7 8
7 .75
7 .7 0
5 .90
56
26
1,461
Apr..
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
10/06/75
10/17/75
11/26/75
4 /18/77
4 /0 6 /7 7
4 /1 8 /7 7
5 /2 6 /7 7
10/1 8 /7 8
7 .7 0
7.25
6 .95
5 .60
1,434
160
3
170
14
Swiss francs
Swiss francs
11/26/75
5 /26/77
5/2 6 /7 7
1 1/27/78
6 .95
6 .1 0
386
360
1,408
May.
June.
Notes
Swiss francs
2/0 2 /7 6
8 /0 2 /7 7
6 .0 8
33
1,375
July.
Notes
Swiss francs
2/02/76
8 /0 2 /7 7
6 .0 8
27
1 ,3 4 8
Aug..
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
2/0 2 /7 6
2/2 0 /7 6
3 /0 1 /7 6
8/1 9 /7 7
8 /0 2 /7 7
8/1 9 /7 7
9 /0 9 /7 7
2 /2 0 /7 9
6 .0 8
6.35
6 .4 0
6 .6 0
4
38
13
1,315
Sept.
Swiss francs
Swiss francs
Swiss francs
3 /0 1 /7 6
4 /20/76
9 /0 1 /7 7
9 /0 1 /7 7
10/20/77
3 /0 1 /7 9
6 .4 0
6 .1 0
6 .4 0
25
26
Swiss francs
Swiss francs
Swiss francs
4 /20/76
5/28/76
1 0/20/77
10/20/77
11/28/77
4/2 0 /7 9
6 .1 0
7 .05
7 .15
francs
francs
francs
francs
5/28/76
6 /14/76
6 /14/76
7/0 7 /7 6
11/28/77
1 2/14/77
12/14/77
1 /0 6 /7 8
Swiss francs
Swiss francs
Swiss francs
7 /07/76
8 /0 6 /7 6
1/06/79
Swiss francs
Swiss francs
Swiss francs
8 /06/76
8/2 0 /7 6
9/1 0 /7 6
1 /0 6 /7 8
2 /0 6 /7 8
7 /0 6 /7 9
2/06/78
2 /2 0 /7 8
3 /1 0 /7 8
Oct..
Nov..
Dec..
1978-Jan..
Feb.
Notes
Notes
Notes
Notes
Swiss
Swiss
Swiss
Swiss
1,289
101
8
1,262
7.05
6 .7 5
6.75
6 .7 0
23
27
1,210
3
39
1,169
6.7 0
6 .5 0
7.05
6 .5 0
6 .35
6 .2 0
28
30
1,128
82
17
2
36
4
1 ,087
Treasury Bulletin
64
_____________ PUBLIC DEBT OPERATIONS_______________
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Dollar amounts in millions)
Month of
activity-
Payable
in —
Securities
Issue
date
Maturity
date
Amount
(Dollar equivalent)
Interest
rate
(percent)
Issued
1978- Mar......
Apr......
May......
_
Notes
f
1
v
Swiss francs
Swiss francs
Swiss francs
9/10/76
10/08/76
3/10/78
3/10/78
4/07/78
9/10/79
6.20
5.95
7.40
Notes
J
\
I
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
10/08/76
10/29/76
4/28/78
12/10/76
4/07/78
4/28/78
10/29/79
6/09/78
5.95
5.80
7.70
5.25
f Swiss francs
< Swiss francs
I Swiss francs
r Swiss francs
\ Swiss francs
12/10/76
3/08/77
6/09/78
3/08/77
4/18/77
6/09/78
9/08/78
10/29/79
9/08/78
10/18/78
5.25
5.90
7.95
5.90
5.60
75
-
Notes
Notes
_
124
_
_
17
-
Retired
144
31
7
50
-
Total outstanding
end of month
>
►
<
1L
jf
J1
52
85
31
19
22
1,035
995
943
11
)
J1
901
861
\
)
July.....
Notes
Aug......
Notes
Swiss francs
4/18/77
10/18/78
5.60
-
52
809
Sept.....
Notes
Swiss francs
4/18/77
10/18/78
5.60
41
768
C Swiss francs
I Swiss francs
>• Swiss francs
4/18/77
5/26/77
10/18/78
10/18/78
11/27/78
10/29/79
5.60
6.10
8.95
_
f Swiss francs
V.Swiss francs
10/18/78
10/18/78
7/06/79
9/10/79
9.00
9.00
francs
francs
francs
francs
11/27/78
11/27/78
11/27/78
11/27/78
2/20/79
3/01/79
4/20/79
7/06/79
9.00
9.00
9.30
9.70
J Swiss francs
\ Swiss francs
5/26/77
8/19/77
11/27/78
2/20/79
6.10
6.60
Swiss francs
Swiss francs
11/27/78
8/19/77
2/20/79
2/20/79
Swiss francs
11/27/78
2/20/79
Notes
Certificates
>
Certificates
Nov.••••••••
Notes
Dec....... 1 11 Certificates
Notes
1979-Jan.......
Certificates
01 the Public Debt.
f
)
\
V
Swiss
Swiss
Swiss
Swiss
-
5
145
3
17
130
-
45
9
7
2
-
>
727
|
-
“
350
14
9.00
6.60
-
48
8
9.00
-
69
V
657
A
600
J
531
February 1979
65
PUBLIC DEBT OPERATIONS
Table PDO-IO. - Foreign Currency Series Securities
Issued to Residents of Foreign Countries
(Dollar amounts in millions)
Amount
(Dollar equivalent)
Month of
activity
1978-Dec.......
1979-Jan.......
Securities
Payable
in —
Notes
f Deutsche marks
\ Deutsche marks
Notes
I Swiss francs
\ Swiss francs
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
Retired
12/15/78
12/15/78
12/15/81
12/14/82
5.95
6.20
931
664
:
1/26/79
1/26/79
7/26/81
1/26/83
2.35
2.65
744
459
-
Total
outstanding
end of month
1,595
2,798
Treasury Bulletin
66
UNITED STATES SAVINGS BONDS.
S e r ie s E and S e r ie s H a r e th e on ly sav in g s bonds cu r
r e n t l y s o ld .
S e r ie s E has
and S e r ie s H has been on
been on s a l e s in c e May 1 , 1 9 4 1 ,
s a l e s in c e J,une 1 , 1 9 5 2 .
A - D were s o ld from March 1 , 1935
S e r ie s
F and G w ere s o ld
30, 1952.
S e r ie s
through A p ril 3 0 ,
from May 1 , 1941
1941.
through A p ril
S e ri es J and K were s o ld from May 1 , 1952
through
A p ril 3 0 , 1 9 5 7 .
D e ta ils o f th e p r in c i p a l changes in is s u e s ,
in te r e s t y ie ld s ,
m a tu r iti e s , and o th e r term s appear i n th e
T reasu ry B u lle tin s o f A p ril 1 9 5 1 , May 1 9 5 2 , May 1 9 5 7 , O ctober
and December 1 9 5 9 ,
September
May and
O ctober 1 9 6 1 ,
1 9 7 0 ; and th e Annual
June 1 9 6 8 ,
th e T reasu ry f o r f i s c a l y e a r s 1966 th ro u g h JL 927.
Table SB-1. - Sales and Redemptions by Series, Cumulative through January 31, 1979
(In millions of dollars)
Series
Sales 1/
Total A-K........................
Sales plus
accrued
discount
Accrued
discount
3,949
206,841
28,396
3,556
242,742
5,003
263,990
29,521
3,754
302,268
1,054
57,149
1,125
198
59,526
^
Redemptions 1/
5,000
183,577
29,510
3,751
221,832
Amount outstanding
Interestbearing debt
-
80,414
80,414
Matured
non-interestbearing debt
3
10
16
Footnotes at end of Table SB-4.
Table SB-2. - Sales and Redemptions by Periods, All Series Combined
Redemption 1/
Period
Fiscal years:
1935-69...........
1970.............
1971.............
1972.............
1973.............
1974.............
1975.............
1976.............
T.Q..............
1977.............
1978.............
Calendar years:
1935-67...........
1968.............
1969.............
1970.............
1971.............
1972.............
1973.............
1974..............
1975.............
1976.............
1977.............
Months:
1978-Jan...........
Feb............
Apr...........
May...........
July...........
Oct...........
Nov............
1979-jan............
Sales 1/
Accured
discount
Sales plus
accrued
discount
Total
Sales
price 3J
Amount outstanding
Accrued
discount J3/
Interestbearing debt
Matured
non-interestbearing debt
179,966
4,449
5,082
5,940
6,514
6,429
6,826
7,293
1,833
7,895
8,026
30,947
1,841
2,056
2,310
2,564
2,749
3,252
3,496
902
3,827
4,104
'210,913
6,291
7,138
8,249
9,078
9,178
10,078
10,790
2,735
11,722
12,131
159,120
6,748
5,425
5,338
5,586
6,681
6,519
6,543
1,717
7,064
7,747
142,248
5,508
4,342
4,306
4,494
5,366
5,173
5,133
1,346
5,495
5,971
16,872
1,240
1,083
1,032
1,092
1,314
1,346
1,409
371
1,567
1,776
51,711
51,281
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
82
55
46
39
34
29
27
23
22
21
16
172,959
4,696
4,393
4,665
5,477
6,236
6,270
6,862
7,038
7,555
7,954
28,285
1,759
1,832
1,909
2,192
2,426
2,673
2,994
3,368
3,597
3,910
201,244
6,455
6,224
6,574
7,669
8,662
8,943
9,856
10,406
11,152
11,863
149,538
6,133
6,639
6,295
5,244
5,365
6,211
6,829
6,292
6,771
7,110
134,313
5,094
5,457
5,072
4,224
4,322
4,945
5,476
4,959
5,288
5,520
15,225
1,040
1,182
1,223
1,021
1,043
1,266
1,354
1,332
1,483
1,590
51,581
51,917
51,549
51,842
54,275
57,579
60,317
63,349
67,464
71,853
76,602
126
112
64
50
42
37
31
26
25
17
21
721
686
740
718
750
662
367
332
329
348
330
347
1,088
1,018
1,069
1,067
1,080
1,009
703
590
683
650
656
688
547
460
529
498
502
524
156
130
155
152
153
164
76,987
77,415
77,804
78,220
78,645
78,965
21
21
17
17
17
16
626
660
585
620
614
576
677
374
340
337
358
345
373
401
1,000
1,000
921
978
959
950
1,078
684
738
667
685
720
735
1,210
525
563
510
532
556
568
928
159
175
156
153
164
166
281
79,281
79,543
79,798
80,091
80,331
801546
80,414
16
16
16
16
16
16
16
•
Footnotes at end of Table SB-4.
and
R ep o rt o f th e S e c r e ta r y o f
February 1979
67
______________UNITED STATES SAVINGS BONDS______________
Table SB-3. - Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Redemptions 1/
Period
Sales
Fiscal years:
1941-69...............
1970..................
1971..................
1972..................
1973..................
1974..................
1975..................!
1976..................'
T.Q..................
1977..................
1978..................
1/
Accrued
discount
Sales plus
sccrued
discount
Total
Sales
price
3/
Amount outstanding
Accrued
discount
3/
Interest-bearing
debt
Matured
non-interestbearing debt__
144,066
4,449
5,082 ,
5,939
6,514
6,429
6,826
7,293
1,833
7,895
8,026
28,570
1,841
2,056
2,310
2,564
2,749
3,252
3,496
902
3,827
4,104
172,636
6,291
7,138
8,249
9,078
9,178
10,078
10,790
2,735
11,722
12,131
120,925
6,721
5,416
5,331
5,581
6,675
6,517
6,539
1,715
7,063
7,743
106,307
5,484
4,334
4,294
4,490
5,361
5,172
5,130
1,345
5,495
5,968
14,618
1,237
1,082
1,037
1,091
1,314
1,345
1,409
371
1,567
1,775
51,711
51,281
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
.
-
1941-67...............
1968..................
1969..................
1970..................
1971..................
1972..................
1973..................
1974..................
1975..................
1976..................
1977..................
Months:
1978-Jan.................
137,059
4,696
4,393
4,665
5,477
6,236
6,270
6,862
7,038
7,555
7,954
25,910
1,757
1,832
1,909
2,192
2,426
2,673
2,994
3,368
3,597
3,910
162,970
6,452
6,244
6,574
7,669
8,662
8,943
9,856
10,406
11,152
11,853
111,617
5,915
6,565
6,281
5,237
5,359
6,206
6,284
6,290
6,762
7,114
98,640
4,898
5,391
5,060
4,217
4,311
4,972
5,471
4,959
5,281
5,524
12,978
1,017
1,173
1,221
1,020
1,049
1,234
1,353
1,331
1,481
1,591
51,352
51,890
51,549
51,842
54,275
57,579
60,317
63,349
67,464
71,853
76,602
_
-
721
367
1,088
703
547
156
76,987
Feb.................
686
740
718
750
662
332
329
348
330
347
1,018
1,069
1,067
1,080
1,009
590
679
650
656
688
460
525
498
502
524
130
154
152
153
164
77*435
77,804
78,220
78,645
78,965
Dec.................
626
660
585
620
614
576
1979-Jan.................
677
374
340
337
358
345
373
401
1,000
1,000
921
978
959
950
1,078
684
738
667
685
720
735
1,210
525
563
510
532
556
568
928
159
175
156
153
164
166
281
79,281
79,543
79,798
80,091
80,331
80,546
80,414
_
_
_
_
_
_
31,951
-
1,323
-
33,274
-
33,199
27
8
6
5
5
1
4
1
1
4
31,887
24
7
5
4
4
1
3
1
1
3
1,312
3
1
1
1
1
*
*
*
*
1
-
.
_
76
49
41
34
30
25
24
20
19
18
13
31,951
-
1,321
2
*
-
33,272
2
*
-
39,925
218
74
13
7
5
5
5
1
8
-4
31,643
194
65
11
6
5
4
4
*
6
-3
1,282
23
9
2
1
1
1
1
*
2
-1
229
27
_
.
118
105
58
44
37
32
27
22
21
13
18
“
"
“
-
*
*
k
-
18
-
*
4
*
*
1
*
3
*
*
*
*
1
*
*
*
-
18
15
15
15
14
-
-
-
-
-
*
-
*
*
*
*
-
-
-
.
.
“
.
.
"
■
'
Calendar vears:
Hay.................
July................
Sept................
fiscal vears:
1941-69...............
1970..................
1971..................
1972..................
1973..................
1974..................
1975..................
1976..................
T.Q..................
1977..................
1978..................
Calendar vears:
1941-67..............
1968................
1969................
1970................ 1971................
1972................
1973................
1974................
1975................
1976.................
1977................
Months:
Feb................
Mar................
Apr................
July...............
Aug................
Oct................
-
-
-
-
Dec................
-
-
■
-
1979-Jan................
-
“
“
”
Footnotes at end of Table SB-4.
“
_
_
_
-
14
14
13
13
13
13
13
68
Treasury Bulletin
TtMiTRn STATES SAVINGS R ^ vn s
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
Exchange of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
2,002
210
231
292
338
310
310
326
80
313
325
44,205
44,167
45,902
48,598
51,806
54,234
57,617
61,648
62,621
67,073
71,383
Redemptions 1/
Total
Sales
price 3/
Accrued
discount 3/
Series E
Fiscal years:
1941-69................
1970....... ...........
1971...................
1972...................
1973...................
1974...................
1975................. .
1976...................
1977...................
1978...................
133,516
4,289
4,870
5,650
6,190
6,145
6,503
6,975
1,761
7,576
7,774
28,570
1,841
2,056
2,310
2,564
2,749
3,252
3,496
902
3,827
4,104
162,085
6,130
6,926
7,960
8,755
8,894
9,755
10,471
2,663
11,403
11,879
115,879
5,959
4,959
4,972
5,209
6,156
6,063
6,114
1,611
6,638
7,244
101,261
4,722
3,877
3,932
4,118
4,842
4,717
4,705
1,241
5,070
5,469
14,618
1,237
1,082
1,037
1,091
1,314
1,346
1,409
371
1,567
1,775
Calendar years:
1941-67................
1968...................
1969...................
1970...................
1971...................
1972...................
1973...................
1974...................
1975...................
1976...................
1977...................
126,851
4,452
4,221
4,503
5,218
5,922
5,988
6,524
6,729
7,245
7,638
*25,910
1,757
1,832
1,909
2,192
2,426
2,673
2,994
3,368
3,597
3,910
152,761
6,209
6,052
6,412
7,411
8,348
8,661
9,518
10,097
10,841
11,548
107,540
5,300
5,835
5,626
4,871
5,007
5,740
6,318
5,886
6,336
6,686
94,567
4,283
4,661
4,405
3,851
3,958
4,507
4,965
4,555
4,855
5,095
12,978
1,017
1,173
1,221
1,020
1,049
1,234
1,353
1,331
1,481
1,591
1,717
191
180
228
249
329
319
310
326
327
303
43,504
44,222
44,259
44,818
47,108
50,120
52,723
55,613
59,498
63,676
68,235
698
668
712
696
723
647
367
332
329
348
330
347
1,066
1,000
1,041
1,044
1,054
994
663
554
635
610
614
643
507
424
481
457
460
479
156
130
154
152
153
164
29
27
32
24
30
28
68,608
69,026
69,400
69,810
70,220
70,543
606
640
569
601
600
556
374
340
337
358
345
373
980
980
906
959
945
929
530
686
625
638
669
679
471
511
468
485
505
512
159
175
156
153
164
166
24
32
29
28
25
24
70,869
71,131
71,383
71,677
71,927
72,154
659
401
1,060
1,125
844
281
32
72,057
7,506
7,114
7,101
7,323
7,612
7,686
7,865
8,084
8,131
8,338
8,415
Months:
1978-Jan..............
1979-Jan..............
-
Series H
Fiscal years:
1952-69................
1970...................
1971...................
1972................ .
1973...................
1974...................
1975...................
1976...................
T.Q....................
1977...................
1978...................
10,550
160
212
289
322
284
324
318
72
319
251
Calendar years:
1952-67................
1968...................
1969...................
1970...................
1971...................
1972...................
1973...................
1974...................
1975...................
1976...................
1977...................
Months:
1978-Jan...............
Feb...............
Mar...............
Apr...............
May...............
July..............
Nov...............
Dec...............
1979-Jan...............
Footnotes at end of Table SB-4.
5,046
762
457
359
372
519
455
425
104
425
498
5,046
762
457
359
372
519
455
425
104
425
498
-
-
10,550
160
212
289
322
284
324
318
72
319
251
-
2,002
210
231
292
338
310
310
326
80
313
325
10,209
244
172
162
259
314
282
338
309
310
316
-
10,209
244
172
162
259
314
282
338
309
310
316
4,077
615
730
655
366
353
465
506
404
427
428
4,077
615
730
655
366
353
465
506
404
427
428
-
1,717
191
180
228
249
329
319
310
326
327
303
7,848
7,668
7,290
7,025
7,167
7,458
7,594
7,736
7,966
8,177
8,368
22
18
27
23
27
15
-
22
18
27
23
27
15
40
36
44
41
42
46
40
36
44
41
42
46
-
29
27
32
24
30
28
8,379
8,389
8,404
8,410
8,425
8,423
20
20
15
19
14
20
18
54
52
42
48
50
56
85
54
52
42
48
50
56
85
24
32
29
28
25
24
32
8,413
8,413
8,415
8,414
8,403
8,392
8,357
20
20
15
19
14
20
18
-
-
-
-
-
-
-
February 19 7 9
69
________
Truman STATES SAVINGS wnunfi
Table SB-4. - Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Unmatured
Matured
Period
Total
Total
Series E
and H
Other
Unclassified
10/
Total
Series E
and H
Other
Fiscal jrears:
1951-63..................
1964....................
1965....................
1966....................
1967.....................
1968....................
1969.... ................
1970....................
1971....................
1972....................
1973....................
1974....................
1975....................
1976....................
T.Q.....................
1977....................
1978....................
82,457
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
5,586
6,681
6,517
6,543
1,689
7,064
7,747
37,430
2,047
2,184
2,253
2,471
2,548
2,560
2,792
2,490
2 '43
4,126
2,729
2,544
2,820
797
3,578
3,157
20,271
1,754
1,938
1,973
2,059
2,289
2,417
2,762
2,481
2,036
2,121
2,724
2,545
2,816
794
-5.77
3,153
17,159
304
246
280
412
260
143
29
9
7
5
5
-1
4
3
1
4
44,955
3,088
3,284
3,300
3,351
3,401
3,566
3,842
3,660
3,317
3,393
3,847
3,776
3,772
891
3,487
4,690
36,001
2,948
3,165
3,196
3,273
3,376
3,560
3,842
3,660
3,317
3,393
3,847
3,776
3,772
891
3,487
4,590
8,954
140
118
104
79
25
6
.
-
-
Calendar years:
1951-61..................
1962....................
1963....................
1964....................
1965....................
1966....................
1967....................
1968....................
1969....................
1970....................
1971....................
1972....................
1973....................
1974....................
1975....................
1976....................
1977....................
76,399
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
5,244
5,365
6,210
6,833
6,291
6,771
7,110
33,560
2,387
2,043
2,171
2,148
2,472
2,386
2,652
2,686
2,841
2,022
2,053
2,508
2,627
2,481
3,275
2,556
17,872
1,656
1,617
1,889
1,932
2,080
2,041
2,443
2,601
2,827
2,014
2,047
2,505
2,622
2,481
3,275
2,556
15,818
730 8/ 9/
426 9/ ~
282 ~
216
391
345
209
84
15
8
6
3
5
*
8
-4
43,899
3,002
3,031
3,157
3,287
3,384
3,413
3,455
3,726
3,885
3,305
3,337
3,578
3,789
3,955
3,487
4,553
34,116
2,827
2,905
3,026
3,176
3,277
3,370
3,441
3,724
3,885
3,305
3,337
3,578
3,789
3,955
3,487
4,553
9,941
175
125
131
111
107
44
13
2
.
“
-218
213
-52
-76
6
144
-7
26
228
-431
-83
-24
123
417
-145
-
703
590
683
650
656
689
159
192
179
282
224
309
159
192
175
282
224
309
544
398
504
368
431
380
544
398
504
368
431
380
_
_
684
738
667
685
720
735
1,210
275
333
283
n.a.
n.a.
n.a.
n.a.
275
333
282
n.a.
n.a.
n.a.
n.a.
409
406
384
n.a.
n.a.
n.a.
n.a.
409
406
384
n.a.
n.a.
n.a.
n.a.
-
.
.
-
-
73
19
-121
172
99
33
213
115
-725
-23
67
104
198
-
Months:
1978-Jan...................
Feb...................
Mar...................
May........ *.........
Oct...................
1979-Jan...................
Source: Monthly Statement of the Public Debt of the U.S.; Office of Mar
ket Analysis, United States Savings Bonds Division.
Note: In these tables sales of Series A-F and J bonds are included at is
sue price, and redemptions and amounts outstanding at current redemp
tion value. Series G,H, and K are included at face value throughout.
Matured bonds which have been redeemed are included in redemptions.
Matured J and R bonds outstanding are included in the interest-bearing
debt until all bonds of the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1/ Sales and redemption figures include exchanges of minor amounts of (1)
~
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957; (2) Series F and J bonds for Series H bonds beginning
January 1960; and (3) U.S. savings notes for Series H bonds beginning
January 1972; however, they exclude exchanges of Series E bonds for
Series H bonds, which are reported in Table SB-3.
2/ Details by series on a cumulative basis and by periods of Series A-D
combined will be found in the February 1952 and previous issues of the
Treasury Bulletin.
3/ Because there is a normal lag in classifying redemptions, the distri
bution of redemption between sales price and accrued discount has been
estimated. Beginning with the Treasury Bulletin of March 1961 the
*
*
4
1
_
1
-
n.a.
4/
~
5/
6/
7/
”
8/
9/
—
10/
*
n.a.
-
_
-
.
-
.
.
_
.
_
.
.
.
.
_
method of distributing redemptions between sales price and accrued
discount has been changed to reflect the distribution shown in final
reports of classified redemption. All periods shown have been revised.*
on this basis.
Series F and G sales were discontinued April 30, 1952, and Series J
and K sales were discontinued April 30, 1957. Sales figures after
April 30, 1957, represent adjustments.
Includes exchanges of Series 1941 F and G savings bonds for 3-1/47.
marketable bonds of 1978-83.
Includes exchanges of Series 1948 F and G bonds for 4-3/47. marketable
notes of 1964.
Includes exchanges of Series 1949 F and G bonds for 47. marketable bonds
of 1969.
Includes exchanges of Series 1960 F and G bonds for 3-7/87. marketable
bonds for 1968.
Includes exchanges of Series 1951 amd 1952 F and G bonds for 3-7/8%
marketable bonds of 1971 and 47. marketable bonds of 1980.
Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
Less than $500,000.
Not available.
Treasury Bulletin
70
.UNITED STATES SAVINGS NOTES.
demption
United States savings notes were on sale May 1, 1967
through June 30, 1970.
and information on investment yields of savings
fiotes appear in
The notes were eligible for purchase
the Treasury Bulletins of March 1967 and
by individuals with the simultaneous purchase of Series E
June 1968; and in the Annual Report of the Secretary of the
savings bonds.
Treasury for fiscal year 1974.
The principal terms and conditions for purchase and re
Table SN-1. - Sales and Redemptions by Periods
(In millions of dollars)
Redemptions 2/
Period
Fiscal years:
1968...............
1969...............
1970...............
1971...............
1972...............
1973...............
1974............... ,
1975...............
1976...............
T.Q................
1977...............
1978...............
Calendar.years:
1967...............
1968...............
1969...............
1970...............
1971...............
1972...............
1974...............
1975...............
1976...............
1977...............
Sales 1/
201
326
323
11
*
*
*
2
-2
*
-
80
277
348
160
-3
*
*
*
*
*
-
Accrued
discount
accrued
discount
Total
Sales
price
Accrued
discount
Amount
outstanding
*
12
25
33
28
29
35
31
24
6
23
22
201
338
347
44
28
29
35
33
22
6
23
22
*
35
111
167
85
69
77
75
45
11
36
31
*
34
105
157
77
58
62
58
32
8
24
19
*
1
6
10
8
11
14
17
13
3
12
12
203
505
742
619
561
519
477
435
413
407
394
385
-
80
281
366
191
27
28
29
39
25
24
23
*
7
76
154
124
71
74
82
53
42
35
*
5
18
31
31
28
29
39
25
24
23
72
145
116
62
60
66
40
29
23
*
3
8
9
9
13
16
14
13
12
80
354
644
682
584
540
496
453
424
406
393
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
3
2
3
1
2
2
2
1
2
1
1
1
1
1
1
393
393
391
390
390
388
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
3
2
2
4
3
1
2
2
1
1
2
2
1
1
1
1
1
2
1
388
386
385
385
385
383
382
1
Months:
1978-Jan............
Feb...........
May............
July...........
Dec...........
1979-Jan...........
-
-
Sources Monthly Statement of the Public Debt of the United States; Office
of Market Analysis, United States Savings Bonds Division.
1/ Sales were discontinued after June 30, 1970. Figures shown thereafter
*” represent adjustments.
2/ Includes U.S. savings notes exchanged for Series H bonds beginning
January 1972.
* Less than $500,000.
February 1979
71
nwMgpomp 0F FEDERAL aianTTPrrrog
Table OFS-1. - Distribution of Federal Securities by Class of Investors and Types of Issues
(In millions of dollars)
Interest-bearing public debt securities
End of
fiscal year
or month
Total
Federal
securities
outstanding
Held by U.S. Government accounts
Total
outstanding
Nonmarketable
Total
Marketable
Government
account series
Other
Public
issues
held by
Federal
Reserve
banks
382,603
409,467
437,329
468,426
486,247
544,131
631,385
646,379
709,138
780,425
369,026
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
95,170
102,888
111,460
123,385
138,206
145,283
149,611
146,105
155,490
167,973
16,974
18,092
19,868
20,080
21,229
20,475
18,353
16,640
14,619
13,886
76,124
82,740
89,536
101,248
114,921
122,752
129,202
127,409
138,816
152,031
2,071
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
1977-Mar.............................
680,141
668,216
144,949
15,787
127,106
2,056
95,987
1977-Dec.............................
729,164
715,227
154,849
14,430
138,363
2,056
102,479
1978-Jan.............................
Feb.............................
Mar.............................
Apr.............................
731,821
739,650
747,844
746,431
751,412
758,804
720,563
728,474
736,929
733,074
740,579
748,002
151,480
154,183
152,718
153,563
159,093
161,085
14,403
13,995
13,980
13,977
13,967
13,904
135,021
138,133
136,682
137,530
143,070
145,126
2,056
2,056
2,056
2,056
2,056
2,056
97,003
98,450
101,577
103,072
102,826
110,134
760,203
773,340
780,425
785,267
791,563
797,694
7,49,462
763,404
766,971
775,452
782,048
782,371
159,291
163,708
167,973
166,338
167,399
169,994
13,901
13,896
13,886
13,884
12,776
12,694
143,334
147,756
152,031
150,398
152,567
155,244
2,056
2,056
2,056
2,056
2,056
2,056
108,885
111,739
114,764
115,322
113,305
109,616
1976.................................
T.Q..................................
June............................
July............................
Sept............................
Nov.............................
Interest-bearing public debt securities - Con.
End of
fiscal year
or month
1972.................................
1976.................................
T.Q..................................
1977-Mar.............................
Held by private investors
Total
216,142
227,883
242,545
257,947
254,548
302,090
375,197
391,028
437,423
484,234
427,280
Marketable
Nonmarketable
157,911
161,863
165,978
167,869
164,862
210,382
279,782
294,595
326,674
356,501
58,231
66,020
76,566
90,078
89,686
91,708
95,415
96,433
110,750
127,733
323,605
103,675
Matured
public
debt
and debt
bearing no
interest 2/
1,068
1,016
1,076
963
997
1,067
1,179
1,142
1,211
4,573
992
57,714
65,518
71,356
75,022
80,485
84,749
94,446
96,427
104,715 1/
114,764
Agency securities
Held by
U.S. Government
accounts and
Federal Reserve
banks
Held by
private
investors
12,510
12,163
10,894
11,109
12,012
10,943
10,953
11,678
10,298
8,881
2,553
2,251
2,170
2,156
2,152
2,186
2,223
2,222
2,094
1,705
9,956
9,911
8,724
8,953
9,860
8,757
8,730
9,456
8,204
7,176
10,934
2,053
8,881
Total
outstanding
2/
1977-Dec.............................
457,899
343,019
114,880
3,716
10,221
2,026
8,195
1978-Jan.............................
Feb.............................
Mar.............................
Apr.............................
May.............................
June............................
472,081
475,840
482,634
476,439
478,660
476,782
355,374
358,321
362,695
355,144
356,892
353,660
116,707
117,519
119,939
121,295
121,768
123,121
1,032
1,279
1*022
3,515
1,019
1,022
10,226
9,898
9,893
9,842
9,814
9,780
2,025
2,022
2,024
2,031
2,034
2,033
8,201
7,876
7^869
7,811
7,781
7,748
July............................
481,285
487,956
484,234
493,790
501,344
502,760
358,255
359,920
356,501
362,443
367,256
365,235
123,030
128,035
127,733
131,347
134,088
137,526
1,015
1,041
4,573
942
978
6,835
9,726
8,894
8,881
8,873
8,537
8,487
2,031
1,705
1,705
1,698
1,686
1,681
7,695
7,189
7,176
7,175
6,851
6,806
Sept............................
Note:
The Export-Import Bank was moved within the Budget effective
October 1, 1976 pursuant to Public Law 93-646. Adjustments are made
to include totals for the period it was outside the Budget (August
17, 1971 through September 30, 1976). Also, adjustments are made
to reflect certain Export-Import Bank borrowing transactions now
classified as agency debt. These transactions were previously reported
as off-budget negative outlays.
2/ Includes a nonmarketable Federal Reserve special certificate for $2,500.
2/ Adjusted to exclude non-interest-bearing notes issued to the Inter
national Monetary Fund to reflect the unified budget concept.
For detail, see Table FD^6.
2/
72
Treasury Bulletin
OWNERSHIP OF FEDERAL .SECURITIES.
Table OFS-2. - Estimated Ownership of Public Debt Securities by Private Investors
____________ (Par values ± / in billions of dollars)
Nonbank investors
End of
month
Total
privately
held
1939-Dec...
1946-Feh...
Dec..,
1950-June.,
Dec..,
1951-June.,
Dec..,
1952-June.,
Dec..,
1953-June.,
Dec..,
33.4
231.6
208.1
203.3
1954-June.,
Dec,.,
1955-June.,
Dec..,
1956-June.,
Dec..,
1957-June.,
Dec..,
1958-June.,
Dec..,
1959-June.,
Dec..,
Commer
cial
banks
2/
Individuals J/
Total
Savings bonds
Series
Other
and H series 2 /
Other
secu
rities
3.1
2.7
2.5
2.2
2.1
1.9
1.6
1.5
1.3
1.2
1.0
.9
24.1
20.5
18.5
19.4
18.8
19.0
18.3
19.8
19.9
20.4
21.3
22.2
12.0
49.2
49.8
50.4
50.9
51.1
51.4
51.2
51.1
50.8
51.4
52.5
53.8
55.4
57.1
58.9
59.8
61.4
62.9
65.0
66.9
69.2
71.6
.7
.5
.3
.3
22.8
23.9
19.7
22.3
22.7
23.3
25.5
29.0
30.2
29.1
22.2
18.8
17.2
16.2
16.4
16.9
18.8
21.5
21.6
24.0
26.8
28.8
10.0
9.9
9.0
9.0
8.5
8.4
8.1
7.6
7.2
7.4
7.0
7.0
6.7
6.6
6.3
6 .4
5.9
6.2
7.1
9.5
10.6
12.7
198.5
205.6
201.4
205.4
196.8
199.4
193.5
197.2
197.2
203.7
204.4
2 10.6
63.6
134.9
136.5
137.9
143.4
139.5
140.9
137.4
137.7
131.9
6 4 .8
63.5
65.2
65.0
1960-June.,
Dec..
1961-June.,
Dec..,
1962-June.,
Dec..,
1963-June.,
Dec..,
1964-June.,
Dec..,
1965-June.,
Dec..,
204.5
207.5
205.4
212.3
211.5
216.2
215.0
217.2
214.7
218.9
213.6
216.8
55.3
62.1
62.5
1966-June.,
Dec..
1967-June.,
Dec..
1968-June.
Dec..
1969-June.,
Dec..
1970-June.
Dec..,
209.6
215.5
204.4
219.5
217.0
226.7
214.0
221.2
217.2
229.1
1971-June.
Dec..
1972-June.
Dec..
1973-June.
Dec..
1974-June.
Dec..
1975-June.
Dec..
1976-June.
Dec..
228.9
247.1
243.6
261.7
258.9
260.9
255.6
271.0
303.2
349.4
376.4
409.5
69.0
167.9
181.8
182.8
194.0
200.1
200.6
202.4
215.4
234.1
85.1
92.5
103.8
283.8
305.7
87.1
91.4
96.4
100.8
1977-Jan...
Feb...
Mar...
Apr...
May...
June..
415.7
423.1
428.3
425.7
425.3
421.0
102.4
104.4
104.9
104.1
102.6
102.8
313.3
318.7
323.4
321.6
322.7
318.2
101.0
101.5
101.9
102.2
102.7
103.0
72.0
72.4
72.8
73.2
73.7
74.0
.4
.4
.4
.4
.4
.4
28.6
28.7
28.7
28.6
28.6
28.6
July..
Aug...
Sept..
Oct...
Nov...
Dec...
426.5
434.9
438.6
450.6
457.6
461
473.1
477.1
483.7
479.5
479.7
477.8
100.7
100.4
99.8
99.7
100.6
101.4
100.9
102.2
101.1
100.7
98.4
98.5
325.8
334.5
338.8
350.9
357.0
359.9
372.2
374.9
382.6
378.8
381.3
379.3
103.4
103.7
103.9
104.4
104.9
105.3
106.1
106.6
106.9
107.1
107.7
108.1
74.5
74.8
75.2
75.6
76.0
76.3
76.7
77.2
77.6
78.0
78.4
78.7
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
28.4
28.5
28.3
28.4
28.5
28*.6
29.0
29.1
28.9
28.7
28.9
29.0
1978-Jan...
Feb...
Mar...
Apr...
May...
June..
July..
Aug..,
Sept..
Oct.•.
Nov...
Dec.p.
193.0
195.0
193.5
198.5
195.4
202.5
69.1
63.5
62.0
57.3
59.5
56.2
59.5
65*2
67.5
61.5
60.3
67.2
65.1
67.1
64.3
64.2
60.2
63.9
58.2
60.7
54.8
57.4
55.5
63.8
59.7
66.0
55.3
56.8
52.6
62.7
61.0
65.3
60.9
67.7
58.8
60.3
53.2
55.6
136.2
142.8
150.4
149.2
145.5
142.9
145.2
146.4
149.0
150.7
153.0
154.6
155.0
155.4
156.1
154.9
158.1
148.9
155.8
157.2
160.7
158.7
164.5
164.7
166.4
264.2
65.2
66.1
6 4.8
66.6
65.9
66.3
64.9
64.4
63.7
66.3
69.4
69.7
66.1
6 4 .6
65.8
65.5
65.9
65.9
6 8 .0
68.5
69.5
70.7
71.9
72.8
74.2
70.4
73.5
74.2
75.1
77.3
80.8
81.8
81.2
75.4
73.2
73.2
73.9
75.9
77.3
80.7
84.8
30.8
30.3
34.5
34.5
34.5
34.7
34.9
35.3
36.0
36.7
1.9
12.5
13.9
15.4
15.1
14.6
14.4
14.1
13.8
13.2
12.7
482.3
97.7
384.6
108.5
79.0
489.0
95.8
393.2
108.9
79.3
393.0
95.3
488.3
79.4
109.3
94.3
494.7
400.4
109.8
79.8
502.3
93.5
408.8
110.2
80.1
509.6
93.4
416.2
110.7
80.3
Source:
Office of Government Financing in the Office of the Secretary.
1 / United States savings bonds, Series A-F and J, are included at current
redemption value.
2/ Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments.
3/ Includes partnerships and personal trust accounts.
4/ Exclusive of banks and insurance companies.
5/ Consists of the investment of foreign balances and international
.4
.5
.6
.7
.8
.7
.7
.6
.6
.6
.6
.5
.5
.5
.5
.4
.4
.4
.4
.4
.4
.4
.4
.4
12.6
12.5
11.8
11.5
11.5
11.4
11.6
11.1
11.4
11.1
11.3
10.7
10.5
12.6
12.7
12.5
12.5
12.7
12.8
13.3
14.0
14.3
14.4
14.8
15.1
15.1
15.0
14.9
14.8
14.9
14.7
State
Foreign
and
and inter
local
national
govern a /
ments
Other
investors
6/
.4
6.7
6.3
8.7
8.8
9.4
9.6
10.4
11.1
12.0
12.7
.2
2.4
1.9
2.2
3.0
2.9
3.0
3.4
4.0
4.4
4.6
.3
9.5
9.3
9.6
9.3
9.6
9.4
9.7
9.4
10.0
10.2
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
4.2
4.2
4.0
3.8
3.5
3.1
3.2
3.1
16.5
19.1
18.6
23.2
17.3
18.7
16.1
17.7
14.1
18.1
19.8
21.4
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
16.3
16.5
16.9
18.0
4.6
4.8
5.2
5.9
6.2
6.7
6.5
6.9
5.9
6.9
8.1
9.9
10.6
10.6
10,5
10.8
11.4
11.1
11,1
11.5
11.6
11.2
11.8
12.3
19.5
18.7
18.5
18.5
18.2
18.6
18.7
18.7
18.9
18.2
15.3
15.8
18.8
18.7
19.3
19.0
20.1
20.1
21.4
21.1
22.5
21.1
24.1
22.9
10.1
10.5
10.1
10.9
11.3
12.0
12.6
12.6
12.0
13.1
12.2
13.0
12.5
13.5
12.7
13.5
14.2
14.9
11.0
12.2
12.0
14.2
11.1
10.4
8.5
7.3
24.5
24.3
23.6
24.1
25.1
24.9
26.4
27.2
29.0
27.8
11.6
10.8
11.4
12.9
10.7
12.5
10.3
10.4
1 4 .0
19.8
3.3
3.1
3.5
3.4
3.3
2.9
2.6
2.5
3.5
4.5
5.4
5.9
7.4
11.4
9.3
9.8
9.8
10.9
10.8
11.0
13.2
20.2
24.3
27.7
25.9
25.4
26.9
28.9
28.8
29.2
28.3
29.2
31.7
34.2
39.3
41.6
31.9
46.1
49.2
54.5
59.4
54.7
56.9
58.8
66.0
66.5
69.8
78.1
16.9
19.4
19.3
19.9
22.7
21.9
22.0
25.0
21.0
19.9
17.2
15.6
14.0
17.0
16.6
19.3
17.3
22.8
25.5
38.0
38.1
38.9
6.0
6.1
6.4
6.4
6.3
6.2
29.7
31.0
29.2
29.2
27.6
24.3
23.5
25.0
23.3
23.2
22.8
22.7
23.4
22.3
20.8
19.9
19.7
19.0
44.8
43.3
44.4
48.4
49.1
47.6
38.9
41.8
44.3
36.8
38.3
36.4
47.9
52.1
53.0
54.0
55.3
55.2
80.3
82.3
84.7
86.1
86.0
87.9
90.2
91.9
95.5
101.3
106.7
109.6
56 ..7
58.6
61.2
61.2
60.2
62.7
112.5
115.4
124.5
120.4
119.7
119.3
52.6
51.2
48.6
49.8
53.5
50.0
15.4
15.3
15.0
14.6
13.6
13.2
12.7
12.5
12.2
12.6
12,1
11.7
10.9
10.2
9.4
8.7
7.6
6.6
5.9
5.2
4.5
3.5
9.4
63.9
64.1
67.4
66.3
65.4
6 4 .6
6 4 .8
Corpora
tions i j
2.0
19.9
15.3
18.4
19.7
20.1
20.7
18.8
19.9
18.6
21.5
2.7
11.1
37.5
38.2
39.3
40.1
40.9
41.4
41.5
41.6
42.1
42.5
4 2 .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
20.7
137.9
133.6
137.7
136.7
134.7
133.5
132.4
135.1
136.6
138.9
Mutual
sav
ings
banks
5.7
24.4
24.9
19.8
18.7
17.1
16.4
15.7
16.0
16.0
15.9
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
16.4
16.0
19.3
23.5
12.7
93.8
74.5
65.6
61.8
58.4
61.5
61.1
63.4
58.5
63.7
198.6
Insurance
companies
11.8
11.6
10.9
10.2
9.8
9.6
9.5
9.5
9.2
6.1
6.2
6.2
6.2
6.1
5.9
5.8
5.8
5.7
5.6
5.6
5.5
13.6
14.8
15.1
15.6
15.8
16.3
16.8
16.7
41.4
41.6
42.6
47.4
46.4
46.1
29.0
15.0
5.6
20.0
61.7
120.5
53.4
29.2
15.1
5.5
22.4
69.2
121.2
50.9
29.4
15.1
5.4
21.5
67.8
121.0
52.9
29.6
15.3
21.0
5.4
67.1
54.3
127.5
29.8
15.1
20.9
5.3
69.1
132.4
55.8
30.0
15.0
5.2
20.6
68.6
137.8
58.3
accounts in the United States. Holdings have been adjusted to exclude
issues to the International Monetary Fund and other international
lending organizations to reflect the unified budget concept.
6/ 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.
TJ Includes U.S. savings notes. Sales began May 1, 1967 and were dis
continued after June 30, 1970.
Preliminary.
February 1979
73
TREASURY SURVEY OF OWNERSHIP
DECEMBER 31, 1978
tions in the September I960 Bulletin, and for State and local
The monthly Treasury Survey of Ownership covers securities
governments in the February 1962 Bulletin.
issued by the United States Government, Federal agencies, Federally-sponsored agencies, and the District of Columbia.
The
banks and insurance companies included in the Survey currently
account for about 80 percent of all such securities held by
these institutions. .The similar proportion for corporations
Holdings by commercial banks distributed according to
and for savings and loan associations is 50 percent, and for
Federal Reserve member bank classes and nonmember banks ar«
State and local governments, 40 percent.
published for June 30 and December 31.
Data were first pub
Holdings by corporate
lished for banks and insurance companies in the May 1941 Treas
pension trust funds are published quarterly, first appearing in
ury Bulletin, for corporations and savings and loan associa
the March 1954 Bulletin.
Table TSO-1.-Summary of Federal Securities
(Par values - in millions of dollars)
Held by private investors covered in Treasury Survey
ils .
Classification
Govern
Total
Total
ment ac
amount
counts
and private
outstandFederal
inves
tngl/
tors
Reserve
banks
5,463
commer
cial
banks
2/
Insurance companies
464
mutual
288
438 fire,
savings
casualty,
banks
Life
and
2/
marine
State and local
government
485
435
182
savings
310
pension
and loan corpo general
and re
associa rations funds
tirement
tions
funds
All
other
private
inves
tors y
Memorandum:
Held by
62,257
corporate
pension
trust
funds y
Publicdebt issues;
raring public
Marketable.... ...... 487,546
Nonmarketable 5 /...... 294,825
122,311
157,300
365,235 68,890
137,526
-
3,499
-
3,149
-
8,486
3,835
-
8,272 12,022
-
6,793
-
250,288
137,526
11,174
-
Total interest-bearing
public debt securities. 782,371
279,611
502,760 68,890
3,499
3,149
8,486
3,835
8,272 12,022
6,793
387,814
11,174
-
-
-
-
-
-
-
5,883
-
508,644 68,890
3,499
3,149
8,486
3,835
8,272 12,022
6,793
393,697
11,174
flgto .Mti debt
frpArisft aa-laterest....
6,835
Total public debt
securities.......... 789,207
Government agency issues:
3,407
Regular issues........
Participation
3,391
certificates 6/.......
Total Govt, agency
securities covered in
6,798
Treasury Survey.......
Nonsurveyed Govt, agency
1,690
securities...... .....
Total Govt, agency
8,487
securities 7/........
Total Federal securities... 797 ,T o
Footnotes at end of Table TSO-5.
952
280,563
5,883
-
233
3,173
379
168
85
34
85
31
207
396
1,789
53
1,351
2,040
604
244
110
147
355
121
126
163
170
24
1,584
5,214
983
412
195
181
440
152
333
559
1,959
78
98
1,592
1,681
6,806
515,456'
"w r> w r
74
Treasury Bulletin
.TREASURY SURVEY OF OWNERSHIP
DECEMBER 31, 1978
Table TSO-2. - Interest-Bearing M arketable Public Debt Securities
by Type and M aturity Distribution
(Par values - m millions of dollars)
Held by investors covered in Treasuiy Survey
Total
U.S. Govern
amount
outstand ment ac
counts and
ing 1/
Federal
Reserve
banks
Classification
Insurance companies
5,463
commer
cial
banks
2/
464
mutual
savings
banks
2/
288
life
438 fire,
casualty,
and
marine
485
savings
and loan
associa
tions
State and local
governments
182
310
435
pension
corpo
general and re
rations funds
tirement
funds
Held by
all
other
inves
tors 2/
Memorandum:
Held by
v 62,257
corporate
pension
trust
funds y
By taroe security:
Issued by U.S. Government:
Treasury bonds..........
161,747
265,791
60.007
42,399
57,243
22,670
5,707
59,903
3,281
150
2,990
359
120
893
2,136
634
6,536
1,316
262
3,336
238
1,792
5,839
641
4,424
' 6,127
1,471
1,100
1,491
4,202
105,161
121,435
23,693
1,116
6,476
3,582
Total..................
487.546
122.311
68,890
3,499
3,149
8,486
3,835
8,272
12,022
6,793
250,288
11,174
10 to 15 years..........
230,782
161,658
54,234
12,531
13,820
14,521
54,911
34,366
18,872
2,653
6,014
5,494
20,716
38,337
7,517
843
292
1,186
833
1,911
515
108
96
37
550
808
632
662
285
212
1,669
3,554
2,432
400
190
241
1,444
2,232
100
36
13
10
4,096
3,590
377
73
26
109
7,027
3,379
806
375
314
120
1,343
536
847
771
927
2,369
138,193
72,945
22,135
6,609
5,664
4,743
2,202
3,310
2,233
1,095
1,210
1,125
Total..................
487.546
122,311
68,890
3,499
3,149
8,486
3,835
8,272
12,022
6,793
256,28$
11.174
228,516
162,886
50,400
15,699
4,100
25,944
54,289
34,593
16,798
4,359
1,605
10,666
20,608
38,390
7,490
824
132
1,446
817
1,918
496
131
12
126
242
1,067
558
738
174
370
1.596
3.597
2,341
489
60
403
1,414
2,255
89
46
15
17
4,048
3,635
369
78
7
135
6,891
3,447
747
473
134
332
1,303
551
841
777
36
3,284
137,309
73,433
20,671
7,785
1,926
9,164
2,172
3,312
2,228
783
414
2,266
487,546
122,311
68,890
3,499
3,149
8,486
3,835
8,272
12,022
6,793
250,288
11,174
By maturity distribution:
Call classes (due or first
becoming callable):
Maturity classes (final
maturity):
1 to 5 years............
10 ,o 15 years..........
15 lo 20 years..........
Total..................
Footnotes at end of Table TSO-5.
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in millions of dollars)
Held by investors covered m Treasury Survey
U.S. Govern
5,463
404
ment ac
commer mutual
counts and
savings
cial
Federal
banks
banks
Reserve
2/
2/
banks
Issue
Total
amount
outstand
ing 1/
Treasury Bills:
Regular weekly and annual
maturing:
Jan.
1979...........
Feb.
1979...........
Mar.
1979...........
Apr.
1979...........
May
1979...........
June
1979...........
July
1979...........
Aug.
1979...........
Sept.
1979...........
Oct.
1979...........
Nov.
1979...........
Dec.
1979...........
26,136
26,789
34,165
16,944
21,631
14,407
3,380
3,544
3,353
3,474
3,896
4,029
5,114
5,979
8,821
4,771
6,228
4,819
883
964
980
1,021
1,434
1,385
1,085
565
1,272
489
571
359
294
266
257
149
206
195
19
10
21
18
10
9
30
19
2
6
4
2
161,747
42,399
5,707
150
2,855
4,692
2,845
3,519
1,992
2,269
2,087
1,782
2,308
3,180
4,559
2,989
3,481
2,081
3,861
4,334
3,376
1,604
2,241
4,791
2,006
3,920
151
1,731
388
645
159
554
239
157
320
174
1,820
885
460
230
395
540
264
1,138
443
488
137
573
811
876
671
852
464
661
407
576
430
694
603
735
757
498
801
937
928
111
537
1,082
638
830
26
26
30
31
11
27
22
58
22
28
22
27
36
43
25
34
65
5
26
49
32
22
Treasury Notes:
5-7/87. Jan.
7
Feb.
5-7/8
Feb.
6
Mar.
5-7/8
Apr.
7-7/8
May
6-1/8
Hay
7-3/4
June
6-1/8
June
6-1/4
July
6-1/4
Aug.
6-7/8
Aug.
6-5/8
Aug.
8-1/2
Sept.
6-5/8
Sept.
7-1/4
Oct.
6-1/4
Nov.
6-5/8
Nov.
7
Nov.
7-1/8
Nov.
7-1/2
Dec.
7-1/8
Dec.
1979-L___
1979-H___
1979-M___
1979-N....
1979-P___
1979-D....
1979-$....
1979-E--1979-R___
1979-S___
1979-A___
1979-J___
1979-T___
1979-F....
1979-U....
1979-V___
1979-K--1979-B....
1979-C___
1979-W___
1979-G___
1979-X---
Footnotes at end of Table TSO-5.
State and local
governments
Insurance companies
288
life
9
21
64
5
11
8
1
-
1
1
120
2
13
4
1
-
1
1
2
1
19
2
2
5
2
11
12
1
3
20
4
17
438 fire,
casualty,
and
marine
485
savings
435
and loan corpo
associa rations
tions
182
310
pension
and re
general
tirement
funds
funds
Held by
all
other
inves
tors 2/
Memorandum:
Held by
62,257
corporate
pension
trust
funds y
107
86
98
71
73
41
45
20
62
17
13
1
30
17
65
21
21
27
26
25
17
1
1
11
127
98
289
341
390
340
22
67
21
20
68
10
416
936
545
591
506
224
666
210
99
100
104
28
379
320
221
24
128
11
7
8
2
1
1
-
18,851
18,757
22,771
10,613
13,693
8,570
1,407
1,964
1,913
2,160
2,065
2,397
171
152
210
144
107
77
54
71
32
36
29
34
634
262
1,792
4,424
1,100
105,161
1,116
=====
13
46
38
43
4
37
8
32
32
34
56
53
56
56
10
68
77
29
92
75
68
36
76
53
57
42
59
20
27
29
72
105
38
42
97
17
58
39
137
5
25
49
44
60
95
17
148
72
102
25
35
15
50
237
59
40
281
.
163
150
244
15
136
244
68
62
211
29
150
147
82
44
122
28
87
222
76
57
111
37
236
140
114
20
27
210
71
247
2
16
16
13
3
2
*
8
1
1
2
4
5
23
*
14
2
22
5
8
*
56
1,467
1,885
1,343
1,671
1,109
8l23
1,227
876
1,293
1,687
1,863
1,143
1,676
1,172
2,169
2,403
1,534
258
945
2,568
945
2,016
38
55
40
34
18
22
46
46
24
45
14
74
59
86
68
75
33
3
50
86
77
62
February 1979
75
TREASURY SURVEY OF OWNERSHIP, DECEMBER 31, 1978
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
Memorandum:
TT-n J
Total
amount
outstand
ing 1 /
Issue
Treasury Notes-- (Continued)
3,875
7-1/27.
Jan.
1980-K...
6-1/2
Feb.
1980-G...
4,608
7-5/8
Feb.
1980-L... . 3,820
Mar.
7-1/2
6,076
1980-C...
7-3/4
Apr.
1980-N...
3,180
6-7/8
May
1980-A...
7,265
8
3,098
May
1980-P...
7-5/8
June 1980-D...
2,185
8-1/4
June 1980-Q...
4,407
July 1980-R...
8-1/2
4,164
6-3/4
Aug.
1980-H...
4,133
9
Aug.
1980-B...
4,296
8-3/8
Aug.
1980-S...
3,545
6-7/8
Sept. 1980-E...
2,141
8-5/8
Sept. 1980-T...
3,906
8-7/8
Oct.
3,790
1980-U...
7-1/8
1980-J...
Nov.
4,600
9-1/4
3,194
Nov.
1980-V...
5-7/8
Dec.
1980-F...
2,692
7
Feb.
1981-A...
1,842
7-3/8
Feb.
1981-C...
4,796
6-7/8
Mar.
1981-H...
2,809
7-3/8
May
1981-D...
2,020
7-1/2
May
1981-M...
3,893
6-3/4
2,514
June 1981-J...
7-5/8
Aug.
1981-F...
2,586
8-3/8
Aug.
1981-N...
4,110
6-3/4
Sept. 1981-K...
2,968
7
Nov.
1981-G...
2,543
7-3/4
Nov.
1981-B...
4,477
7-1/4
Dec.
1981-L...
3,452
6-1/8
Feb.
1982-D...
2,697
7-7/8
Mar.
1982-G...
2,853
7
May
2,613
1982-E...
8
May
1982-A...
2,747
9-1/4
May
1982-K...
3,556
8-1/4
2,594
June 1982-H...
8-1/8
Aug.
1982-B...
2,918
8-3/8
Sept. 1982-J...
2,501
7-7/8
Nov.
1982-C...
2,902
7-1/8
Nov.
1982-F...
2,737
8
Feb.
1983-A...
7,958
7-7/8
Mar.
1983-C...
2,573
7
Nov.
1983-B...
2,309
7-1/4
Feb.
1984-A...
8,438
7-1/4
1984-fi...
Aug.
2,863
8
Feb.
1985-A...
4,203
8-1/4
Aug.
1985-B...
4,837
7-7/8
May
1986-A...
5,219
8
Aug.
1986-B...
9,515
7-5/8
Nov.
1987-A...
2,387
8-1/4
May
1988-A...
4,148
8-3/4
Nov.
1988-B...
3,445
Exchange Series....
26
265,791
Treasury Bonds:
4-1/4
May
3-1/4
June
4
Feb.
3-1/2
Nov.
7
Aug.
6-3/8
Feb.
6-3/8
Aug.
3-1/4
May
6-1/8
Nov.
4-1/4
Aug.
4
Feb.
7-1/2
Aug.
4-1/8
May
Feb.
3-1/2
8-1/4
May
7-1/4
Aug.
6-3/4
Feb.
7-7/8
Feb.
7
May
8-5/8
Aug.
8-5/8
Nov.
May
8-1/2
Feb.
3
Feb.
7-7/8
8-3/8
Aug.
Aug.
8
Nov.
3-1/2
8-1/4
May
7-5/8
Feb.
7-7/8
Nov.
8-3/8
Aug.
8-3/4
Nov.
1975-85__
1978-83__
1980.....
1,038
1,228
2,429
1,752
807
2,702
2,353
740
1,216
2,784
173
1,914
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
401
1,467
398
724
495
5,549
184
294
867
720
657
2,684
457
153
686
309
693
268
38
563
1,038
209
188
1,034
70
301
1,297
72
113
1,882
124
56
252
30
1,447
1,037
96
1,163
81
764
215
2,137
89
109
3,912
372
1,474
1,642
1,086
1,993
616
1,744
1,102
-
57,243
395
227
866
2,671
1,247
1,504
627
1,501
692
1,768
1,509
2,414
510
2,771
4,662
1,575
1,887
4,246
4,249
1,495
2,103
2,429
619
409
1,061
1,399
179
884
1,103
48
1,318
„ 435
863
407
94
209
127
328
61
130
1,650
128
604
2,096
822
714
2,178
1,554
265
753
745
60,007
Total Marketable Public Debt
Securities................ . 487,546
1986.....
1987-92__
1988-93__
1988-93.. .
1989-94__
1993.....
1993-98__
1993.....
1994-99__
1995.... .
1995-2000..
1995-2000..
1996-2001-•
1998.....
2000-05__
2002-07__
2002-07__
2003-08__
2003-08__
Footnotes at end of Table TSO-5.
1,011
5,463
commer
cial
banks
2/
1,147
1,283
1,045
1,762
950
550
577
616
564
660
993
394
620
893
674
837
939
775
897
491
1,540
782
656
987
707
1,068
848
823
999
998
1,139
886
1,302
719
351
957
728
465
1,006
711
715
1,162
921
623
1,031
631
837
1,080
539
1,770
510
301
540
5
59,903
55
52
84
56
37
397
123
435
485
464 Insurance companies
savings
mutual
and loan
corpo
savings 288
fire, associa rations
banks
tions
casualty,
life
2/
and
marine
33
71
36
57
16
28
13
36
19
28
54
*
43
2
20
5
20
35
31
18
34
17
146
32
57
36
32
77
17
31
74
97
28
124
24
53
48
6
23
97
12
4
5
3
1
1
7
3
15
11
24
5
13
3
5
3
*
4
7
13
5
50
12
102
87
134
84
128
28
41
89
10
69
89
154
102
19
2
26
^43
31
*
8
121
3
*i6
4
45
I4
14
45
72
17
i6
33
187
97
312
74
158
530
284
57
246
556
225
134
163
52
4
6,536
60
27
91
32
'37
65
'23
18
33
ip3
166
15
27
13
2
12
4
66
64
86
32
,5
1
,2
2,990
893
9
7
18
12
1
49
259
137
266
15
19
20
10
14
82
7
2
3
4
222
1
5
129,
49
115
71
23
58
6
22
77
50
192
57
88
8
20
20
8
22
48
35
24
69
34
93
44
14
36
48
16
55
53
39
41
16
7
5
15
1
21
29
19
11
2
12
75
41
'7
30
408
11
127
14
8
30
43
84
49
5
90
31
24
9
101
4
16
30
62
84
52
6
55
3
63
46
29
98
53
58
114
53
18
92
320
177
331
42
18
20
20
27
34
39
76
3
52
44
56
59
39
29
158
25
67
29
29
30
74
26
51
53
4
40
49
154
88
32
28
170
43
93
14
39
38
3
53
7
24
1
41
21
25
68
117
29
254
36
93
71
5
52
188
11
43
203
104
6
108
184
53
36
2,022
112
68
52
113
31
115
37
51
45
75
70
62
64
-
3
3
10
6
7
17
4
4
5
-
34
13
2
4
12
10
5
*
66
32
41
7
25
31
86
1
20
21
43
31
29
3
75
24
76
73
16
1
6
43
37
44
51
15
43
’ 132
59
103
59
14
83
*
3,336
5,839
6,127
7
23
54
39
68
24
15
134
20
102
8
25
12
4
44
265
42
*
40
5
22
20
1
12
*
3
5
32
77
24
18
104
18
4
34
-
6
5
*
3
110
38
7
17
5
1
-
69
7
6
6
1
17
15
2
2
5
4
17
17
117
28
56
13
89
15
-
6
10
6
1
2
12
8
1
1
56
95
48
9
114
16
153
54
59
3
20
-
19
33
84
5
*
1
2
6
66
3
52
-
8
2
-
15
5
*
10
29
19
30
2
19
56
8
24
4
88
135
321
146
23
2
1,491
21
1
8
9
56
8
219
26
149
15
88
201
65
0
1,471
8,272 12,022
105
20
12
20
11
22,670
3,281
359
2,136
1,316
238
122,311
68,890
3,499
3,149
8,486
3,835
42
39
48
143
70
321
36
34
363
99
98
125
468
520
160
182
162
42
6,476
12
641
7
100
671
373
229
1,302
51
506
475
1,034
626
723
283
839
208
1,442
981
579
309
1,638
1,674
531
933
1,099
5
20
70
28
76
109
64
23
67
55
63
39
58
1
9
*
11
11
2
8
66
16
102
252
399
409
100
1,022
4
73
18
53
17
15
18
7
4
88
45
29
67
72
47
37
1
13
21
87
58
9
131
617
68
20
28
15
18
147
67
71
39
38
66
28
3
24
88
100
2
1,047
584
1,665
1,481
867
1,655
1,280
976
1,724
1,676
984
1,235
1,842
1,025
1,054
1,460
794
1,448
1,583
977
1,215
1,093
1,537
4,083
1,309
1,251
2,669
1,385
1,716
1,682
2,715
4,917
608
1,707
1,605
5
121,435
124
53
171
213
32
19
395
489
767
541
331
2
6
39
-
*
8
10
11
11
100
5
38
144
25
79
4
16
5
3
4
24
11
*
2
9
20
8
1
2
8
8
2
1
1
all
other corporate
inves pension
tors / trust
funds y
120
20
33
25
14
45
69
27
neXa Vcr
Dy Hfeld by
1,878
1,264
1,877
2,838
1,526
984
2,159
1,038
2,713
2,491
2,097
1,135
2,170
898
2,396
2,399
2,548
167
61
165
128
65
42
77
70
105
154
63
18
146
25
24
44
1
10
10
10
17
24
24
7
182
310
pension
general and re
funds tirement
funds
17
93
69
75
54
5
State and local
governments
3
643
744
276
591
115
5
21
7
4
5
5
22
4
7
59
183
14
284
20
341
184
46
3
424
463
208
1,210
65
165
187
409
634
1,391
163
408
4,202
23,693
3,582
6,793
250,288
11,174
202
Treasury Bulletin
76
TREASURY SURVEY OF OWNERSHIP, DECEMBER 31, 1978
■
Table TSO-4. - Securities Issued by Government Agencies
(Par values - In millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1/
Issue
Insurance companies
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,463
comercial
banks
2/
464
mutual
savings
banks
2/
288
life
State and local
governments
435
485
savings
438 fire,
310
and loan
casualty,
corpo
pension
associa
general
and
rations
and re
tions
funds
marine
tirement
funds
Held by
all
other
inves
tors 2/
Memorandum:
Held by
62,257
corporate
pension
trust
funds ij
Export-Import Bank:
600
Issues to State & Local
Total Eximbank.................
53
268
24
22
39
30
35
_
_
3
143
7
13
112
2
33
185
37
213
17
21
-
6
15
322
1
137
352
118
119
150
58
22
11
2
1
1
4
36
133
1
119
44
16
24
1
19
320
1,233
37
412
195
181
440
152
333
559
1,959
78
_
_
_
3
_
143
250
16
74
8
4
10
3
993
69
343
31
26
14
43
588
143
47
13
9
12
3,141
1,335
530
236
106
250
37
13
13
1,825
-
51
6,798
1,584
983
24
_
101
15
.
Federal Housing Administration:
Government National Mortgage
Association:
U.S. Postal Service:
Tennessee Valiev Authority:
Total Government agency securities
Table TSO-5. - Securities Issued by Government-Sponsored Agencies
Farmers Home Administration and the District of Columbia
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Issue
Total
amount
outstand
ing 1/
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
Insurance companies
5,463
commercial
banks
mutual
savings
banks
2/
2/
288
life
State and local
485
435
governments
savings
438 fire,
310
182
and loan
casualty,
corpo
pension
general
associa
rations
and
and re
tions
funds
marine
tirement
funds
Held by
all
other
inves
tors 2/
Memorandum:
Held by
62,257
corporate
pension
trust
funds ij
Banks for Cooperatives:
4,843
99
789
96
9
52
123
77
295
97
3,205
98
2,785
2,296
73
1,124
434
16
40
4
2
36
25
27
118
77
“
123
58
38
34
1,341
1,512
34
68
2,703
196
620
222
230
52
140
22
224
437
557
42
4,276
23,287
2,205
402
4,721
26
636
2
156
18
261
111
1,308
1
195
124
1,354
53
534
3,540
11,917
29
1,095
Farm Credit Banks:
Farmers Home Administration:
Federal Home Loan Banks:
FHLMC Mtg. Backed Certificates
2,262
-
247
179
115
30
599
47
432
329
285
138
10,152
-
51
21
1
2
176
4
-
-
9,897
25
150
-
51
25
*
1
20
3
12
-
38
6
305
-
-
-
-
-
-
-
305
-
-
-
40,432
2,205
5,471
887
273
312
2,214
250
2,227
916
25,678
1,293
11,469
492
1,973
250
18
146
433
163
500
88
7,405
218
20,360
1,401
4,117
534
79
342
832
115
602
481
11,858
661
4,393
34,800
1,146
200
3,038
147
59
1,181
6,096
229
74
1,202
165
19
90
10
60
417
8
86
1,111
36
2
4
498
2,075
62
*
2,002
19,980
451
16
100
190
6
-
165
335
16
110
294
1,377
51
3
2
4
1
542
-
-
-
-
-
-
-
542
-
-
-
41,080
3,244
7,616
1,457
121
488
1,724
296
3,178
519
22,437
1,234
20
"
*
4
1
1
3
*
2
9
Total Government sponsored agency
securities covered m survey.... 125,985
7,709
22,145
3,505
737
1,454
5,614
1,000
7,206
2,612
74,003
FHLMC Mtg. Part
FHLMC Capital
Issues to State and Local
Total *HLB.....................
Federal Intermediate Credit Banks:
Federal Land Banks:
Federal National Mortgage
Association:
Issues to State and Local
Total FNMA .................
District of Columbia:
If
y
3/
~
4/
Securities issued by the Treasury and Government agencies that are
classified as -debt under the new unified budget concept. 'For debt
subject to limitation, see Table FD-9.
Includes trust departments.
Included with all other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and local
government funds not reporting m the treasury Survey. Also included
are certain Government deposit accounts and Government-sponsored
agencies.
Consists of corporate pension trust fund and profit-sharing plans
which involve retirement benefits. The data are compiled from quar
terly reports by banks 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
5/
J6/
7/
8/
9/
*
3,647
includes holdings by these funds under "Held by all other private
investors." The quarterly data are presented as supplemental
information m a memorandum column accompanying the Survey for each
reporting date,beginning with December 31, 1953.
Data on the holdings of nonmarketable Public Debt were no longer
collected beginning with July 1974 Treasury Survey of Ownership.
Includes Export-Import Bank and Government National Mortagage Associ
ation Participation certificates.
Includes matured securities outstanding on which interest* has ceased.
Direct placements (mortgage-backed bonds) with State and local
governments with various interest rates and maturity dates .
Obligation fo the Federal Home Loan Mortage Corporation. The
capital stock of the Federal Home Loan' Mortgage Corporation is held
by the twelve Federal Home Loan Banks.
Less than $500,000.
77
February 1979
TRBAHTIRY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1978
The tables which follow report the security holdings of
those commercial banks included in the Treasury Survey of Ownership by type of bank and by type of security.
The figures in
Commercial bank ownership was first published in the May
1944- issue of the "Treasury Bulletin" based on the Survey date
for December 31, 1943.
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
5,463
commercial
banks 1/
Classification
Reserve city
3,156
member
banks
12
New York
City
9
152
Chicago
other
2,983
country
2,307
nonmember
banks
JMeres^-beaying, public, .debt .securities:
Marketable......................... ........
Nonmarketable 2/........ ....................
68,890
54,547
8,488
2,149
19,951
23,958
14,344
Total interest-bearing public debt securities....
68,890
54,547
8,488
2,149
19,951
23,958
14.344
Footnotes at end of Table TSC-5.
Table TSC-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values - in millions of dollars)
Federal Reserve member banks
Classification
Held by
5,463
commercial
banks 1/
Reserve city
3,156
member
banks
12
New York
City
9
Chicago
152
other
2,983
country
2,307
nonmember
banks
Issued by U.S. Government:
Treasury bills............................
Treasury notes............................
Treasury bonds............................
5,707
59,903
3,281
4,344
47,583
2,619
1,148
6,813
528
230
1,877
42
1,695
17,143
1.113
1,271
21,751
936
1,363
12,319
662
Total....................................
68,890
54,547
8,488
2,149
19,951
23,958
14,344
20,716
38,337
7,517
843
292
1,186
16,124
30,633
5,901
642
187
1,059
2,050
5,158
765
86
34
394
501
1,417
192
31
2
6
6,483
10,465
2,141
300
89
473
7,090
13,592
2,803
225
62
186
4,592
7,704
1,616
201
105
127
68,890
54,547
8,488
2,149
19,951
23,958
14,344
20,608
38,390
7,490
824
132
1,446
16,035
30,675
5,894
600
115
1,228
2,049
5,158
760
61
31
428
500
1,417
191
32
8
6,434
10,487
2,154
258
66
552
7,052
13,613
2,788
249
17
239
4,573
7,714
1,596
224
17
218
68,890
54,547
8,488
2,149
19,951
23,958
14,344
fr„PVfrffity ^^ribu^igji:
Call classes (due or first becoming callable):
Within 1 year.............................
1 to 5 years..............................
5 to 10 years.............................
10 to 15 years............................
15 to 20 years............................
20 years and over..........................
Total....................................
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..........................
Total....................................
Footnotes at end of Table TSC-5.
-
J8
Treasury Bulletin
_____________ TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31,
Table TSC-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in millions of dpllars)
5,463
Held by
Issue
commercial
banks 1/
Federal Reserve member banks
Reserve city
3,156
member
banks
12
New York
City
2,983
9
152
Chicago
other
country^
2,307
nonmember
banks
Treasury Bills
Regular weekly and annual maturing:
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Treasury Notes:
Jan.
5-7/8
Feb.
7
Feb.
5-7/8
Mar.
6
Apr.
5-7/8
7-7/8
May
6-1/8
May
June
7-3/4
6-1/8
June
July
6-1/4
Aug.
6-1/4
6-7/8
Aug.
6-5/8
Aug.
8-1/2
Sept#
Sept*.
6-5/8
7-1/4
Oct.
6-1/4
Nov.
6-5/8
Nov •
Nov .
7
7-1/8
Nov.
Dec.
7-1/2
7-1/8
Dec.
7-1/2
Jan.
6-1/2
Feb.
7-5/8
Feb.
7-1/2
Mar.
7-3/4
Apr.
6-7/8
May
8
May
7-5/8
June
8-1/4
June
8-1/2
July
Aug.
6-3/4
Aug.
9
8-S/8
Aug.
6-7/8
Sept.
Sept.
8-5/8
Oct.
8-7/8
Nov.
7-1/8
Nov.
9-1/4
5-7/8
Dec.
Feb.
7
Feb.
7-3/8
Mar.
6-7/8
May
7-V8
May
7-1/2
6-3/4
June
Aug.
7-5/8
Aug.
8-3/8
6-3/4
Sept.
Nov.
7
7-3/4
Nov.
7-1/4
Dec.
6-1/8
Feb.
7-7/8
Mar.
7
May
8
May
9-1/4
May
8-1/4
June
8-1/8
Aug.
8-3/8
Sept.
7-7/8
Nov.
7-1/8
Nov.
8
Feb.
7-7/8
Mar.
Nov.
7Feb.
7-1/4
7-1/4
Aug.
8
Feb.
8-1/4
Aug .
1979-L.................
1979-H.................
1979-M.................
1979-N.................
1979-P.................
1979-D.................
1979-Q.................
1979-E.................
1979-R.................
1979-S.................
1979-A.................
1979-J.................
1979-T.................
1979-F.................
1979-U.................
1979-V.................
1979-K.................
1979-B.................
1979-C.................
, 1979-Ww................
1979-G.................
1979-X.................
1980-K.................
1980-G.................
1980-L.................
1980-C.................
1980-N.................
1980-A.................
1980-P.................
1980-D.................
1980-Q.................
1980-R.................
1980-H.................
1980-B.................
1980-S................ .
1980-E. . . y.............
1980-T.................
1980-U.................
1980-J.................
1980-V.................
1980-F.................
1981-A.................
1981-C.................
1981-H.................
1981-D.................
1981-M.................
1981-J.................
1981-F.................
1981-N.................
1981-K.................
1981-G.................
1981-B.................
1981-L.................
1982-D.................
1982-G.................
1982-E.................
1982-A.................
1982-K.................
1982-H................
1982-B................
1982-J ................
1982-C................
1982-F................
1983-A................
1983-C................
1983-B................ .
1984-A................ .
1984-B................
1985-A................
1985-B................
Footnotes at end of Table TSC-5.
1,085
565
1,272
489
571
359
294
266
257
149
206
195
754
*71
1,102
373
422
213
241
212
221
122
173
140
5,707
4,344
143
89
683
25
8
20
84
10
1
19
67
1,148
811
876
671
852
464
661
407
576
430
694
603
735
757
498
801
937
928
111
537
1,,082
638
830
1,,147
1,,283
1,,045
1,,762
950
550
577
616
564
660
993
394
620
893
674
837
939
775
897
491
1:,540
782
656
987
707
1,,068
848
823
999
998
1,,139
886
1,,302
719
351
957
728
465
1,,006
711
715
1,,162
921
623
1,,031
631
837
1,,080
684
666
543
689
369
525
349
408
343
554
448
574
616
327
670
736
745
88
386
823
509
639
909
1,059
856
1,409
738
379
444
490
410
468
865
297
502
775
551
707
674
590
797
392
1,289
647
481
756
622
895
644
711
753
749
962
714
1,169
5&6
243
711
567
343
848
556
612
798
751
468
801
465
642
953
37
8
59
40
57
31
21
5
29
31
2
27
36
13
76
51
184
1
6
130
*
58
35
334
135
360
63
38
44
20
46
61
127
31
36
318
62
189
45
177
294
11
466
77
*
194
150
132
57
279
40
29
212
75
465
70
5
22
59
30
40
50
108
25
102
45
75
31
23
162
7
30
54
9
40
40
7
11
1
*
25
5
354
162
211
149
192
66
60
138
161
76
46
79
250
90
154
190
182
87
90
54
58
26
35
56
331
193
170
116
148
147
53
54
36
28
33
55
230
1,695
1,271
1,363
5
*
6
1
1
5
71
13
3
*
*
113
1
5
3
10
*
3
4
7
6
12
19
5
70
39
73
2
72
32
1
36
101
*
356
256
246
404
169
182
128
101
171
260
117
153
331
66
343
297
172
31
157
319
192
288
464
298
368
418
280
97
103
163
174
192
296
58
165123
235
293
162
230
164
246
285
272
173
165
279
334
136
287
. 146
168
425
310
441
133
57
333
223
119
43S
142
252
234
275
183
280
119
278
537
286
402
231
244
142
307
129
288
140
262
329
282
249
244
248
378
389
52
221
367
311
281
391
423
282
591
322
243
225
275
189
179
341
208
20-5
327
213
195
426
175
333
134
480
287
244
337
152
405
355
124
554
518
283
323
263
321
182
356
275
193
284
353
205
538
342
231
437
226
342
247
127
210
128
163
95
136
59
169
88
140
155
161
141
171
131
201
183
23
151
259
129
191
238
224
189
354
212
171
133
126
154
192
128
97
118
118
123
130
265
185
100
99
251
135
175
230
85
173
203
112
247
249
177
172
132
133
107
246
160
123
157
156
102
363
170
155
230
165
195
127
7
41
31
41
8
6
*
58
11
64
61
41
24
95
21
12
34
43
7
*
63
*
1
10
*
87
10
47
1
31
9
9
90
*
8
February 1979
______________ TREASURY SURVEY • COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1978_____
Table TSC-3. - Interest-Bearing Marketable Public Debt Securities by Issue—Continued
(Par values - in millions of dollars)
Federal Reserve member banks
Held lay
Issue
7-7/8
8
7-5/8
8-1/A
8-3/4
May
Aug.
Nov.
May
Nov
confrnercial
banks 2/
1986-A.................
1986-B....... .........
1987-A.................
1988-A.................
1988-B.................
Total Treasury notes..
Treasury Bonds:
4-1/4
3-1/4
4
3-1/2
7
6-3/8
6-3/8
3-1/4
6-1/8
4-1/4
4
7-1/2
4-1/8
3-1/2
8-1/4
7-1/4
6-3/4
7-7/8
7
8-5/8
8-5/8
8-1/2
3
7-7/8
8-3/8
8
3-1/2
8-1/4
7-5/8
7-7/8
8-3/8
8-3/4
May
June
Feb
Nov.
Aug.
Feb.
Aug.
May
Nov.
Aug.
Feb.
Aug.
May
Feb
May
Aug.
Feb.
Feb.
May
Aug.
Nov.
May
Feb.
Feb.
Aug.
Aug.
Nov.
May
Feb.
Nov.
Aug.
Nov.
1975-85................
1978-83................
1980..................
1980..................
1981..................
1982..................
1984..................
1985..................
1986..................
1987-92................
1988-93................
1988-93................
1989-94................
1990..................
1990..................
1992..................
1993..................
1993..................
1993-98................
1993..................
1993..................
1994-99................
1995..................
1995-2000..............
1995-2000............
1996-2001..............
1998... ...............
2000-05................
2002-07................
2002-07................
2003-08................
Total Treasury Bonds..
Total Marketable Public Debt
Securities....
Footnotes at end of Table TSC-5.
539
1,770
510
301
540
member
banks
403
1,288
433
228
487
2,307
Reserve city
3,156
2,983
12
New York
City
16
64
90
5
293
9
152
Chicago
5
4
-
8
23
10
16
27
*
59,903
47,583
6,813
1,877
55
52
84
56
37
397
123
20
53
39
2
41
8
77
50
192
57
222
93
69
75
54
11
100
39
68
20
252
399
409
20
105
47
42
69
48
26
298
93
14
40
20
1
32
6
71
36
120
34
162
90
55
67
37
3
59
32
40
16
229
363
346
20
100
*
1
*
5
*
*
*
*
*
2
*
3
*
1
*
*
3
48
31
3
*
*
*
7
6
21
*
160
51
99
*
84
*
*
*
*
1
*
*
*
*
*
*
1
*
*
-
*
*
*
*
*
30
1
*
*
*
*
*
*
*
*
*
6
country
nonmember
Banks
other
84
432
218
48
71
*
4
1
17,143
21,751
12,319
18
20
39
29
25
214
53
9
23
10
1
21
6
30
27
45
19
45
3
23
27
23
3
16
9
5
6
33
87
50
12
3
8
10
15
8
11
100
30
6
13
18
1
9
1
6
14
73
22
60
3
14
8
17
8
40
7
27
5
23
37
62
28
21
30
13
*
84
40
4
17
8
*
7
1
41
9
74
12
69
56
29
10
13
*
36
16
14
10
36
225
197
8
7^
294
769
115
159
97
136
482
77
74
53
_
5
3,281
2,619
528
42
1,113
936
662
68,890
54,547
8,488
2,149
19,951
23,958
14,344
«
Treasury Bulletin
80
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP,DECEMBER 31,
Table TSC-4. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
5,463
Held by
Issue
Issues to State & Local Govts. (Mtg. Back Bonds)
Federal Housing Administration:
Government National Morteaee
Association:
U.S. Postal Services
2,307
Reserve city
2,983
nonmember
banks
member
banks
12
New York
City
9
Chicago
152
other
268
192
11
*
92
88
74
65
*
54
11
9
343
257
11
-
147
99
86
47
29
*
-
7
21
19
530
399
3
*
205
191
131
13
8
-
*
5
3
5
51
33
13
*
6
14
17
983
726
28
-
369
329
258
commercial
banks 1/
Export-Imoort Bank:
Federal Reserve member banks
3,156
country
76
Tennessee Valiev Authority:
Total Government Agency securities
Table TSC-6. - Securities Issued by Government-Sponsored Agencies
Farmers Home Administration and the District of Columbia
(Par values - m millions of dollars)
5,463
Held by
Issue
commercial
banks 1/
Federal Reserve member banks
3,156
2,307
Reserve city
2,983
member
banks
12
9
152
country
New York
City
Chicago
other
nonmember
banks
Bank for Cooperatives:
789
530
59
27
148
295
259
1,124
434
1,089
367
88
23
729
*
143
160
129
184
36
67
620
430
9
10
99
312
190
402
4,721
273
3,634
-
-
173
83
82
1,273
190
2,105
129
1,086
247
179
14
-
57
108
68
51
50
-
-
4
46
1
51
-
39
-
-
-
17
-
23
-
11
-
5,471
4,175
187
83
1,434
2,472
1,296
1,973
1,335
137
4
336
858
639
4,117
2,957
195
56
789
1,917
1,160
1,181
6,096
229
110
922
4,824
160
57
“
33
443
*
5
76
3
-
559
2,491
122
57
-
259
1,272
70
53
■
324
1,815
35
*
-
7,616
5,962
476
84
2,174
3,229
1,654
*
*
*
*
*
22,145
16,846
5,283
9,397
5,299
Farm Credit Banks:
Farmers Home Administration:
Federal Home Loan Banks:
FHLMC Mtg.
Backed Certificates
FHLMC Mtg. PMT. 3/
FHLMC Capital
Federal Intermediate Credit Banks:
Debentures..................................
Federal Land Banks:
Federal National Morteaee Association:
Capital Debentures............... ...... ..... .
Issues to State a®d Local Govts.....
District of Columbia:
Total Government Sponsored Agency
Securities covered in survey..... .......... .
1/
2/
~
Includes trust companies and stock savings banks but excludes secunties held in trust departments.
Data on holdings of nonmarketable public debt were no longer collected
beginning with July 1974 Treasury Survey of Ownership.
-
1,173
3/
*
992
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.
February 1979
81
MARKET QUOTATIONS ON TREA SU RY
JANUARY 31, 1979
Current market quotations shown here are over-the-
fiFPTTTMTTlgS
listed include all regularly quoted public marketable ?ecu-
counter closing bid quotations in the New York market for
rities issued by the United States Treasury.
the last trading day of the month, as reported to the Treasury
issued by Federal agencies and guaranteed'by the United
by the Federal Reserve Bank of New York.
States Government are excluded.
The securities
Securities
Table MQ-1. - Treasury Bills
Amount outstanding
(millions)
Issue date
13-week
Amount
outstanding
(millions)
Bank discount
Maturity
date
Bid
26-week
Change from
last month
Bank disount
Issue
date
Maturity
date
Bid
Change from
last month
13-week
26-week
$2,308
2,308
2,803
2,805
2,705
$3,504
3,403
3,404
3,404
3,408
11/09/78
11/16/78
11/24/78
11/30/78
12/07/78
8/10/78
8/17/78
8/24/78
8/31/78
9/07/78
2/08/79
2/15/79
2/22/79
3/01/79
3/08/79
9.69%
9.61
9.64
9.46
9.41
+.657.
+.56
+. 59
+.32
+.18
$3,253
3,321
3,346
3,025
2,478
2/07/78
3/07/78
4/04/78
5/02/78
5/30/78
2/06/79
3/06/79
4/03/79
5/01/79
5/29/79
9.697.
9.45
9.40
9.38
9.41
+.577.
+.22
-.04
-.18
-.17
2,805
2,712
2,808
2,809
2,805
3,395
3,403
3,400
3,405
3,410
12/14/78
12/21/78
12/28/78
1/04/79
1/11/79
9/14/78
9/21/78
9/28/78
10/05/78
10/12/78
3/15/79
3/22/79
3/29/79
4/05/79
4/12/79
9.41
9.41
9.41
9.39
9.36
+.18
+.10
+. 15
.00
-.01
2,784
3,380
3,544
3,353
3,474
6/27/78
7/25/78
8/22/78
9/19/78
10/17/78
6/26/79
7/24/79
8/21/79
9/18/79
10/16/79
9.35
9.40
9.43
9.43
9.43
-.04
-.30
-.37
-.37
-.35
2,811
2,804
2,803
3,394
3,389
3,504
3,407
3,409
1/18/79
1/25/79
2/01/79
10/19/78
10/26/78
11/02/78
11/09/78
11/16/78
4/19/79
4/26/79
5/03/79
5/10/79
5/17/79
9.36
9.35
9.29
9.35
9.38
-.04
-.11
-.23
-.17
-.16
3,896
4,029
3,705
11/14/78
12/12/78
1/09/79
11/13/79
12/11/79
1/08/80
9.43
9.40
9.33
-.35
-.29
—
2,904
2,903
2,904
2,905
2,906
11/24/78
11/30/78
12/07/78
12/14/78
12/21/78
5/24/79
5/31/79
6/07/79
6/14/79
6/21/79
9.38
9.39
9.37
9.35
9.34
-.16
-.16
-.08
-.10
-.08
2,909
2,910
2,916
2,910
3,005
12/28/78
1/04/79
1/11/79
1/18/79
1/25/79
6/28/79
7/05/79
7/12/79
7/19/79
7/26/79
9.35
9.37
9.39
9.39
9.41
-.13
—
—
—
—
3,001
2/01/79
8/02/79
9.35
52-Week
52-Week
Table MQ-2. - Treasury Notes
(Price decimals are 32ds)
Price
Amount
outstanding
(millions)
Description
$4,692
2,845
3,519
1,992
2,269
77.
5-7/8
6
5-7/8
7-7/8
2,087
2,308
1,782
3,180
4,559
6-1/8
6-1/8
7-3/4
6-1/4
6-1/4
2,989
3,481
3,861
2,081
4,334
6-7/8
6-5/8
6-5/8
8-1/2
7-1/4
3,376
1,604
2,241
4,791
3,920
6-1/4
6-5/8
7
7-1/8
7-1/8
2,006
3,875
4,608
3,820
6,076
7-1/2
7-1/2
6-1/2
7-5/8
7-1/2
3,180
7,265
3,098
2,185
4,407
7-3/4
6-7/8
8
7-5/8
8-1/4
4,164
4,133
4,296
3,545
2,141
8-1/2
6-3/4
9
8-3/8
6-7/8
3,906
3,790
4,600
3,195
8-5/8
8-7/8
7-1/8
9-1/4
5-7/8
2,692
Footnotes at end of Table MQ-3.
_
.
-
_
-
_
-
.
_
-
.
_
_
-
_
-
_
-
_
-
_
-
-
Yield
Price range since first traded 3/
Issue
date
High
Low
Bid
Change
from last
month
To
maturity
Change
from last
month
2/15/79-H
2/28/79-M
3/31/79-N
4/30/79-P
5/15/79-D
99.27
99.22
99.10
99.01
99.13
+.09
+. 14
+. 14
+.16
+.11
10.78%
9.85
10.18
9.81
9.85
+.35%
-.66
-.43
-.62
-.57
2/17/76
2/28/77
3/31/77
5/02/77
11/06/74
103.09
100.11
100.18
99.28
105.10
12/02/76
4/14/77
4/14/77
4/20/77
12/02/76
98.23
98.09
98.08
98.02
98.04
3/04/76
1/12/78
1/11/78
11/09/78
9/15/75
5/31/79-Q
6/30/79-R
6/30/79-E
7/31/79-S
8/15/79-A
98.24
98.15
99.03
98.06
98.01
+. 16
+.19
+.13
+.19
+. 21
9.97
9.94
9.97
10.08
10.09
-.56
-.71
-.57
-.55
-.64
5/31/77
6/30/77
7/09/75
8/01/77
8/15/72
100.06
100.04
105.08
99.30
101.23
6/28/77
6/28/77
12/03/76
7/26/77
12/10/76
97.27
97.16
97.16
97.10
90.04
11/10/78
11/09/78
9/15/75
11/10/78
8/23/74
8/15/79-J
8/31/79-T
9/30/79-U
9/30/79-F
10/31/79-V
98.10
98.03
97.24
98.31
97.31
+.19
+.21
+. 20
+.07
+.20
10.17
10.11
10.23
10.15
10.15
-.59
-.64
-.51
-.14
-.53
8/16/76
8/31/77
9/30/77
9/04/75
10/31/77
103.09
100.07
99.22
107.18
100.09
12/10/76
9/06/77
9/29/77
12/02/76
11/29/77
97.19
97.09
97.02
90.23
97.11
11/10/78
11/09/78
11/09/78
9/16/75
1/02/79
11/15/79-K
11/15/79-B
11/15/79-C
11/30/79-W
12/31/79-X
97.02
97.10
97.20
97.20
97.12
+.22
+. 16
+.09
+.19
+. 18
10.23
10.26
10.21
10.18
10.21
-.50
-.30
-.06
-.45
-.38
11/15/76
2/15/73
11/15/73
11/30/77
1/03/78
101.28
102.26
103.22
100.01
99.25
12/10/76
12/10/76
12/10/76
11/30/77
1/04/78
96.11
91.02
92.16
97.01
96.26
11/09/78
8/23/74
8/23/74
1/02/79
1/03/79
12/31/79-G
1/31/80-K
2/15/80-G
2/29/80-L
3/31/80-C
97.26
97.19
96.21
97.18
97.08
+.16
+.22
+. 28
+.23
+. 24
10.07
10.10
9.97
10.07
10.07
-.34
-.51
-.62
-.52
-.50
1/06/76
1/31/78
2/15/77
2/28/78
3/17/76
105.04
100.02
101.12
100.06
97.08
12/02/76
2/01/78
4/04/77
3/22/78
1/31/79
97.07
96.28
95.25
96.27
96.16
11/10/78
1/03/79
1/03/79
1/03/79
1/03/79
4/30/80-N
5/15/80-A
5/31/80-P
6/30/80-D
6/30/80-Q
97.14
96.12
97.24
97.06
97.29
+.17
+.30
+.25
+. 24
+.26
9.99
9.94
9.85
9.80
9.87
-.31
-.60
-.51
-.46
-.53
5/01/78
5/15/73
5/31/78
6/10/76
6/30/78
99.29
103.12
99.28
105.23
100.05
4/25/78
12/10/76
6/08/78
12/02/76
8/09/78
96.27
91.16
96.30
96.14
97.03
12/20/78
8/23/74
1/03/79
1/03/79
12/29/78
7/31/80-R
8/15/80-H
8/15/80-B
8/31/80-S
9/30/80-E
98.05
95.21
99.02
97.29
95.19
+.26
+.31
+. 14
+.27
+. 29
9.85
9.86
9.67
9.84
9.81
-.52
-.53
-.27
-.51
-.47
7/31/78
8/15/77
8/15/74
8/31/78
9/14/76
100.19
100.07
110.06
99.30
103.19
8/09/78
9/06/77
12/10/76
8/28/78
12/02/76
97.09
94.21
98.17
97.00
94.21
1/03/79
1/03/79
1/12/79
1/03/79
1/03/79
9/30/80-T
10/31/80-U
11/15/80-J
11/30/80-V
12/31/80-F
98.06
98.16
95.23
99.03
93.22
+.22
+. 16
+.23
+.12
+.31
9.83
9.83
9.79
9.80
9.56
-.40
-.27
-.34
-.20
-.43
10/02/78
10/31/78
11/15/77
11/30/78
12/07/76
99.29
99.27
99.29
99.26
100.11
9/21/78
10/25/78
11/15/77
11/22/78
12/03/76
97.13
97.30
94.31
98.22
92.21
1/03/79
1/10/79
1/03/79
1/03/79
1/02/79
Price
Date
Price
Date
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31, 1979 _ _ _ _ _ _ _ _ _ _ _ _
Table MQ-2. - Treasury Notes—Continued
(Price decimals are 32ds)
Price
Amount
outstanding
(millions)
$3,547
3,118
1,842
4,796
2,809
2,020
3,893
2,514
2,586
4,110
2,968
2,543
4,477
3,452
2,697
2,852
2,613
2,747
3,556
2,594
2,918
2,501
2,737
2,902
3,204
7,958
2,573
2,309
8,438
2,863
4,203
4,837
5,219
9,515
2,387
4,148
3,445
2
1
2
3
*
14
*
1
*
1
Description
Bid
9-7/8%
9-3/4
7
7-3/8
6-7/8
7-3/8
7-1/2
6-3/4
7-5/8
8-3/8
6-3/4
7
7-3/4
7-1/4
6-1/8
7-7/8
7
8
9-1/4
8-1/4
8-1/8
8-3/8
7-1/8
7-7/8
-
T»
-
-
-
r-3 T 8
8
-
7-7/8
7
7-1/4
7-1/4
-
8
8-1/4
7-7/8
8
7-5/8
8-1/4
8-3/4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
-
“
_
“
100.09
100.06
95.06
95.29
94.25
95.22
95.30
94.03
96.00
98.00
93.27
94.14
96.12
94.30
91.30
12/31/80-W
1/31/81-P
2/15/81-A
2/15/81-C
3/31/81-H
5/15/81-D
5/15/81-M
6/30/81-J
8/15/81-F
8/15/81-N
9/30/81-K
11/15/81-G
11/15/81-B
12/31/81-L
2/15/82-D
3/31/82-G
5/15/82-E
5/15/82-A
5/15/82-K
6/30/82-H
8/15/82-B
9/30/82-J
11/15/82-F
11/15/82-r
12/31/82-tr
96.18
94.03
97.05
100.25
97.25
97.06
98.05
93.31
96.08
101.08
2/15/83-A
5/15/83-C
11/15/83-B
2/15/84-A
8/15/84-B
2/15/85-A
8/15/85-B
5/15/86-A
8/15/86-B
11/15/87-A
5/15/88-A
11/15/88-B
4/l/79**EA
10/1/79-E0
4/1/80-EA
I0/1/80-E0
4/1/81-EA
10/1/81-E0
4/1/82-EA
10/1/82-E0
4/1/83-EA
lO/l/83-EO
96.22
96.12
92.18
93.05
92.24
95.28
96.22
94.02
94.26
92.12
95.22
98.23
98.08
94.02
90.30
87.28
85.00
82.12
79.28
77.10
75.02
72.28
Yield
Price range since first trade i/
Change
from last
month
To
maturity
Change
from last
month
+.15
-+. 29
+.29
+. 29
+.26
+.31
+.29
+1.02
+1.01
+1.03
+1.07
+1.09
+1.05
+1.02
+1.08
+1.09
+1.01
+1.10
+1.10
+1.08
+1.13
+1.17
+1.10
+1.15
+1.09
+1.14
+1.14
+1.18
+1.20
+1.14
+1.14
+1.14
+1.13
+1.14
+1.10
+1.11
+. 21
+. 16
+.17
+. 20
9.717.
9.64
9.66
9.63
9.61
9.52
9.52
9.55
9.43
9.28
-.277.
—
-.40
-.42
-.38
-.33
-.41
-.35
-.43
-.43
-.41
-.46
-.49
-.42
-.35
-.44
-.42
-.35
-.47
-.44
-.41
-.45
-.47
-.40
+.22
+.22
+.22
+. 16
+.12
+.16
9.42
9.31
9.26
9.27
9.23
9.15
9.12
9.02
8.97
9.02
9.07
8.98
9.04
9.07
9.00
8.91
8.94
8.97
8.94
8.90
8.93
9.00
8.96
8.89
8.94
8.95
12.45
11.00
9.93
9.55
9.31
9.10
8.94
8.89
8.78
8.70
-.37
-.40
-.37
-.38
-.37
-.31
-.29
-.28
-.26
-.25
-.22
-.21
+.87
+.31
+.07
-.05
-.10
-.09
-.10
-.02
+.01
-.03
Issue
date
1/02/79
1/31/79
2/15/74
2/18/75
3/08/77
1/26/76
2/15/78
6/03/77
7/09/76
8/15/78
9/07/77
10/12/76
11/15/74
12/07/77
1/06/77
3/06/78
4/04/77
5/15/75
11/15/78
6/07/78
8/15/75
9/06/78
10/17/77
11/17/75
1/02/79
2/17/76
4/05/78
11/15/76
2/15/77
8/15/77
2/15/78
8/15/78
5/17/76
8/16/76
11/15/77
5/15/78
11/15/78
4/01/74
10/01/74
4/01/75
10/01/75
4/01/76
10/01/76
4/01/77
10/01/77
4/01/78
10/01/78
High
Price
Date
100.09
100.06
103.28
105.08
101.28
105.08
98.13
100.30
106.10
100.17
99.25
104.10
106.30
99.24
99.30
100.07
101.25
108.04
1/31/79
1/31/79
11/26/76
12/02/76
4/14/78
12/12/76
8/09/78
6/28/77
12/02/76
8/09/78
9/06/77
11/26/76
12/02/76
12/01/77
12/31/76
4/17/78
4/14/77
12/03/76
11/17/78
8/09/78
12/10/76
9/11/78
10/06/77
12/03/76
1/31/79
101.10
100.07
108.20
100.02
99.15
107.20
101»08
108.08
99.29
104.04
101.30
101.00
100.22
99.25
107.20
108.20
99.10
95.23
100.07
98.08
94.02
90.30
87.28
85.00
82.12
79.28
77.30
75.18
72.28
Low
Price
12/03/76
4/17/78
12/10/76
6/28/77
9/06/77
3/21/78
8/09/78
12/30/76
12/30/76
12/21/77
1/26/79
11/17/78
1/31/79
1/31/79
1/31/79
1/31/79
1/31/79
1/31/79
1/31/79
3/31/78
99.25
99.27
91.14
94.30
93.26
94.24
94.27
93.03
94.26
96.27
92.20
93.01
94.30
93.22
90.25
95.07
92.22
95.29
99.14
96.10
95.28
96.22
92.12
94.27
9*r£5
95.11
94.29
90.31
91.17
91.04
94.13
95.02
92.20
93.07
90.26
94.08
97.06
75.12
73.04
74.10
72.00
74.16
76.20
78.00
76.14
9/29/78
1/31/79
74.06
72.06
Date
1/02/79
1/24/79
8/23/74
1/03/79
1/03/79
1/03/79
1/02/79
1/02/79
12/21/78
1/02/79
1/03/79
1/03/79
1/03/79
1/03/79
1/03/79
1/02/79
1/02/79
1/03/79
1/02/79
1/02/79
1/02/79
1/02/79
1/02/79
1/02/79
1/02/79
1/02/79
1/03/79
1/02/79
1/02/79
1/03/79
1/18/79
12/21/78
1/02/79
1/02/79
12/21/78
1/18/79
1/02/79
9/30/74
10/31/74
4/30/75
10/10/76
5/28/76
3/31/77
3/31/77
6/30/78
6/30/78
10/31/78
February 1979
83
.MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31, 1979.
Table MQ-3. - Treasury Bonds
(Price decimals are 32d's)
Price
Amotint
out
standing
(millions)
Description
$2,429
1,751
807
2,702
1,226
47.
3-1/2
7
6-3/8
3-1/4
2,353
737
1,036
1,216
2,649
6-3/8
3-1/4
4-1/4
6-1/8
3-1/2
1,247
2,769
1,504
173
627
8-1/4
4-1/4
7-1/4
4
6-3/4
1,501
1,914
1,768
1,509
1,509
7-7/8
7-1/2
8-5/8
8-5/8
9
999
504
692
1,869
2,414
2,771
4,662
1,575
4-1/8
3
7
3-1/2
8-1/2
7-7/8
8-3/8
8
4,246
4,249
8-1/4
7-5/8
1,495
2,103
2,429
7-7/8
8-3/8
8-3/4
-
-
-
-
*
Bid
Yield
Change
from
last
month
To first
call or
maturity
2/
Price range since first traded 1/
Change
from
last
month
Lew
High
Issue
date
Price
Date
Price
Date
2/15/80
11/15/80
8/15/81
2/15/82
6/15/78-83
94.22
90.20
94.06
92.22
81.16
+.27
+.20
+.24
+1.22
+.26
9.497.
9.32
9.64
9.19
8.39
-.447.
-.14
-.26
-.60
-.17
1/23/59
10/03/60
8/15/71
2/15/72
5/01/53
103.18
97.24
110.02
101.14
111.28
5/12/61
5/12/61
11/15/71
3/09/72
8/04/54
71.04
66.24
93.08
86.16
62.02
12/29/69
5/24/70
1/12/79
8/28/74
5/26/70
8/15/84
5/15/85
5/15/75-85
11/15/86
2/15/90 3/
88.16
75.16
78.IS
85.08
75.16
+.22
+.28
+.22
+2.04
+1.20
9.06
8.34
8.76
8.78
6.67
-.14
-.15
-.11
-.40
-.23
8/15/72
6/03/58
4/15/60
11/15/71
2/14/58
100.10
101.04
105.28
100.20
106.26
12/03/76
5/11/58
5/05/61
11/05/71
4/21/58
87.12
61.08
77.24
82.20
59.20
8/27/74
5/26/70
1/10/79
12/22/78
5/26/70
5/15/90
8/15/87-92
8/15/92
2/15/88-93
2/15/93
95.20
75.18
87.08
75.10
83.08
+1.04
+1.18
+1.19
+2.06
+1.12
8.87
7.09
8.89
6.75
8.86
-.16
-.20
-.22
-.28
-.19
4/07/75
8/15/62
7/08/77
1/17/63
1/10/73
111.05
104.10
99.10
100.11
83.08
12/31/76
12/26/62
6/29/77
1/16/63
1/31/79
94.10
63.00
85.19
62.18
82.02
1/18/79
5/26/70
12/28/78
5/26/70
1/17/79
8.90
8.92
8.92
8.-92
8.91
1/06/78
8/15/73
7/11/78
10/10/78
1/11/79
99.22
104.14
102.15
100.13
100.28
12/30/77
9/28/73
9/12/78
10/13/78
1/26/79
90.06
87.02
96.07
96.08
99.08
12/28/78
1/17/79
12/28/78
1/18/79
1/18/79
6.73
5.29
8.72
5.58
8.86
8.87
8.89
8.87
-.21
-.17
-.16
-.16
—
-.16
-.17
-.20
-.14
- .1 1
-.12
-.10
-.11
4/18/63
2/15/55
5/15/73
10/03/60
5/15/74
100.26
101.12
99.22
95.14
112.16
8/28/63
6/18/55
9/28/73
5/12/61
12/31/76
61.26
59.20
82.12
59.20
95.00
8/26/74
5/26/70
1/17/79
5/26/70
12/19/78
2/18/75
8/15/75
8/16/76
107.04
111.16
108.10
12/31/76
12/31/76
12/31/76
89.09
93.26
90.08
1/18/79
1/18/79
1/02/79
3/
3/
“
3/
2/15/93
8/15/88-93
8/15/93
11/15/93
2/15/94
3/
3/
3/
3/
91.28
88.18
97.20
97.20
100.23
5/15/89-94
2/15/95
5/15/93-98
11/15/98
5/15/94-99
2/15/95-00
8/15/95-00
8/15/96-01
3/
3/
3/
3/
3/
3/
3/
3/
75.12
75.14
84.02
75.08
96.20
90.18
95.02
91.18
+1.18
+1.10
+1.09
+1.09
—
+1.12
+1.18
+1.20
+1.12
+.31
+1.02
+.28
+1.00
5/15/00-05 3/
2/15/02-07 3/
94.01
87.23
+1.01
+.31
8.84
8.81
-.11
-.11
5/15/75
2/15/77
110.24
100.28
12/31/76
6/28/77
92.24
86.12
1/10/79
1/10/79
11/15/02-07 3/
8/15/03-08 3/
11/15/03-08 3/
91.26
95.02
98.30
+1.23
' +.29
+1.04
8.65
8.85
8.85
-.18.
-.09
-.11
11/15/77
8/15/78
11/15/78
100.23
100.06
100.20
11/23/77
9/12/78
11/16/78
89.26
93.25
97.16
1/10/79
1/10/79
1/10/79
1/ Beginning April 1953, prices are closing bid quotations in the overthe-counter market. Prices for prior dates are the mean of closing
bid and ask quotations. "When issued" prices are included in the
history beginning October 1941. Dates of highs and lows in case of
recurrences are the latest dates*
2/
"~
3/
~
On callable issues market convention treats the yields to earliest
call date as most significant when an issue is selling above par9
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", Table AY-1.
YIELDS OF TREASURY SECURITIES JANUARY 31, 1979
Based on closing bid quotations
1979
1980
1981
1982
1984
1983
1985
1987
1986
1988
1989
PERCENT
10.5
10.5
10.0
10.0
£>
c
o
h
>
HH
o
s
§
H
%
3
GO
M
O
a
50
>
LEGEND
x Fixed coupon issues.
■ High coupon issues - 7 % and higher fixed maturity issues.
• Callable issues. ▲ High coupon callable issues - plotted
to earliest call date w h e n prices are above par and
to maturity date wh e n prices are at par or below.
% V/ 2% exchange notes.
4- Bills - coupon equivalent of 3mo., 6mo., and lyr. bills.
6. 0
3
CO
7.0
y
I
1
v3
6 5 ’89
’91
’93
’95
1979
1980
1981
1982
1983
1984
1985
NoteiThe curve is fitted by eye and based only on the most actively traded issues.
Market yields on coupon issues due in less than 3 months are excluded.
’97
1986
’99
2001
1987
’03
’05
1988
’07
to
’09
1989
6.0
February 1979
85
AVERAGE YIELDS OF LONG -TERM BONDS
Table AY-1. - Average Yields of Long-Term Treasury, Corporate and Municipal Bonds by Periods
New Aa
corporate
bonds 2/
Treasury
bonds 1/
Period
New Aa
municipal
bonds 3J
New Aa
corporate
bonds 7 j
New Aa
1 Treasury New Aa
New Aa
corporate municipal
municipal 11 bonds 1/
bonds 2/
bonds 2/
bonds 2/ II
Monthly series - averages of daily or weekly series
Treasury
bonds 1/
1968
1971
5.18
5.16
5.39
5.28
5.40
5.23 5/
6.57
6.57
6.80
6.79
7.00
7.02
4.10
4.25
4.35
4.23
4.37
4.47
5.92
5.84
5.71
5.75
5.96
5.94
5.09
5.04
5.09
5.24
5.36
5.66
6.91
6.54
6.69
6.88
7.00
7.28
4.45
4.20
4.30
4.30
4.50
4.63
5.91
5.78
5.56
5.46 4/
5.43
5.62
1977
6.56
6.54
6.81
7.04
7.09 4/
7.02
8.32
8.21
8.60
9.04
9.39
9.59
5.19
5.25
5.42
5.61
5.89
5.92
6.68
7.16 4/
7.20
7.13
7.17
6.99 4/
7.96
8.18
8.33
8.30
8.38
8.08
5.52
5.41
5.59
5.33
5.36
5.32
8.24
8.14
7.90
7.72
7.67
7.54
5.96
5.62
5.20
4.87
4.92
5.02
7.18
7.33 c»/
7.30
7.22
6.93
6.77
10.18
10.30
10.44
10.29
9.22
9.47
6.75
6.55
6.64
6.33
6.33
6.86
6.98
7.01 5/
6.94
7.08
7.16 4/
7.24 4/
8.12
8.06
8.11
8.21
8.26
8.39
5.33
5.39
5.15
5.28
5.14
5.21
1972
1975
1978
5.74
5.86
6.05
5.84
"/ 5.85
6.05
7.29
7.33
7.76
7.54
7.62
8.04
4.75
4.80
5.10
5.13
5.20
5.60
5.62
5.67
5.66
5.74
5.64
5.59
7.36
7.57
7.53
7.77
7.61
7.63
4.99
5.06
5.29
5.30
5.22
5.26
6.68 4/
6.66
6.77 4/
7.05
7.01 4/5/
6.86
9.17
8.84
9.48
9.81
9.76
9.27
6.50
6.30
6.69
6.85
6.96
6.59
7.51
7.60 5/
7.63
7.74
7.87
7.94 4/
8.70
8.70
8.70
8.88
9.00
9.15
5.36
5.23
5.25
5.33
5.75
5.91
6.07
6.02
6.32
6.27
6.52
6.81
8.06
8.05
8.36
8.46
8.94
9.22
5.60
5.90
6.05
5.90
6.05
6.65
5.59 4/
5.59
5.70
5.69
5.51
5.63
7.72
7.59
7.72
7.66
7.46
7.50
5.28
5.19
5.26
5.09
4.94
4.97
6.89
7.11 4/
7.28
7.29
7.21
7.17
9.56
9.71
9.89
9.54
9.48
9.59
6.70
6.88
6.91
6.79
6.67
6.62
8.10
9.27
7.88 4/5/r 8.83
7.82 4/
8.78
8.07
9.14
8.16 4/
9.30
8.36
9.30
5.97
5.81
5.61
5.76
5.81
6.08
6.86
6.44
6.39
6.53
6.94
6.99
9.00
8.84
9.00
9.09
9.53
9.70
6.55
6.25
6.15
6.60
7.00
7.10
5.96 4/
6.14
6.20
6.11
6.25
6.32
7.61
7.67
7.75
7.70
7.69
7.73
4.99
5.11
5.22
5.02
5.04
5.13
6.93
6.92
6.88
6.73
7.01
6.92
8.97
8.71
8.73
8.68
9.00
8.90
6.32
6.17
6.34
5.97
6.38
6.39
8.43 4/
1979
9.47
5.95
9.09
9.08
9.00
9.14
8.97
8.13
6.22
b.00
6.15
6.25
6.05
5.20
6.53
6.85 4/
6.41
6.25
6.30
6.35
7.97
8.45
8.10
7.97
7.95
8.09
5.22
5.40
4.98
4.98
5.14
4.97
6.85
6.82 4/
6.70
6.65
6.62 5/
6.38
8.76
8.59
8.37
8.25
8.17
7.90
6.36
6.01
5.87
5.91
5.97
5.41
5,
6.57
6.75
6.63
6.59
6.24 5/
5.97
Period
New Aa
municipal
bonds 3/
5.40
5.10
5.00
5.11
5.80
5.89
1970
June...........
1974
New Aa
corporate
bonds 2j
7.63
7.54
< 7.62
‘ 7.76
8.25
8.15
1969
July...........
Treasury
bonds 1/
Treasury
bonds 1/
New Aa
corporate
bonds 2/
1973
New Aa
municipal
bonds 3/
Period
Treasury
bonds 1/
1976
New Aa
corporate
bonds 2J
New Aa
municipal
bonds 3/
Period
Treasury
bonds 1/
New Aa
corporate
bonds 2/
New Aa
municipal
bonds 3/
Weekly series - average for weeks ending 1978
Aug.
Sept.
4...
11...
18...
25...
7.95 4/
7.88
7.94 5/
7.84
9.00
8.79
8.77
8.76
5.75
5.50
5.65
5.90
Oct.
1...
8...
15...
22...
29...
7.81
7.77
7.73
7.83
7.94 4/
8.72
8.70
8.69
8.80
8.98
5.90
5.68
5.62
5.50
5.60
Nov.
6...
13...
20...
27...
8.00
8.00
8.07
8.11
9.08
9.08
9.12
9.30
n.a.
5.68
5.80
5.81
3...,
10...,
17...,
24...
8.19
8.21 4/
8.12 “
8.13
9.45
9.39
9.21
9.16
n.a.
5.69
5.70
5.98
1/ Treasury bond yields ar,e based on a composite of closing bid quotations in the over-counter market. Series included bonds on which
the interest income is subject to normal tax and surtax which are
neither due nor callable before 10 years. For bonds currently in
series, see Table MQ-3.
2/ Treasury series based on reoffering yields of new corporate bonds
rated Aa by Moody's Investors Service and having an original maturity
of at least 20 ye’
ars. Prior to June 1973, this series reflected .bonds
without call protection. From June 1973 to Julyl976, the series was
adjusted to reflect 5 years call protection. Sitice that time the
22...
1979
Jan.
5....
19....
8.21
8.27
8.32
8.44
8.43
9.16
9.16
9.29
9.42
9.47
5.90
5.96
6.10
6.40
n.a.
8.45 4/
8.47
8.46
8.39
9.45
9.47
9.51
9.45
n.a.
5.90
6.28
5.80
series reflects bond yields regardless of the call protection offered,
-2/ Tndex of new reoffering yields on 20 year general obligations
rated Aa by Moody's Investor Service. Prior to June 1970, the series
was compiled by Securities Industries Association. Since then, the
series has beer> compiled by Treasury.
4/ One or-more new long-term'bonds added to the average,
5/ An existing bond dropped from the average,
n*a. Not available,
PERCENT
AVERAGE YIELDS OF LONG-TERM TREASURY, CORPORATE,
AND MUNICIPAL BONDS
PERCENT
10.0
10.0
9.0
8.0
7.0
6.0
I V
New Aa
Municipal Bonds
5.0
4.0
4.0
3.0
3.0
1969
iU i jlLl
1970
1971
1972
1973
1974
1975
1976
1977
1978
* Change in Aa computation method effective June 1973. See footnote following table AY-1.
1979
February 1979
87
INTERNATIONAL FINANCIAL STATISTICS.
The tables in this section are designed to provide data
on United States reserve assets and liabilities and other
statistics related to the United States balance of payments
and international financial position.
all other foreigners, which are used in the United States
balance-of-payments statistics.
Table IFS-1 shows the reserve assets of the United States,
including its gold stock, special drawing rights held in the
Special Drawing Account in the International Monetary Fund
holdings of convertible foreign currencies, and reserve po
sition in the International Monetary Fund.
Table IFS-4 shows United States Treasury nonmarketable
bonds and notes issued to official institutions of foreign
countries.
Table IFS-3 presents an area breakdown of United States
liabilities to official institutions of foreign countries.
Table IFS-5 sets forth the factors which affect the
United States position in the International Monetary Fund,
Table IFS-6 presents a measure of weighted-average
changes in exchange rates between the United States dollar
and the currencies of certain other countries.
Table IFS-2 brings together statistics on liabilities
to foreign official institutions, and liquid liabilities to
Table IFS-1. - U.S. Reserve Assets
(In millions of dollars)
Gold stock 2/
End of
calendar year
or month
Total
reserve
assets 1/
(1) ~
16,964
7/
14,487
July........................
Total 3/
Treasury
(3)
(2)
10,367
-
2,781
11,072
10,732
851
629
10,132
1,100
276
12,167
8/
10,206
13,151
9/
10,487
9/
10,410
9/
1,958
9/
14,378
10/
11,652
10/
11,567
10/
2,166
10/
7/
Reserve
position in
International
Monetary Fund 1/ 6/
(6)
2,324
1,935
8/
585
241
465
9/
8
552
10/
15,883
11,652
11,652
2,374
5
1,852
16,226
11,599
11,599
2,335
80
2,212
11,598
2,395
320
4,434
11,719
2,629
1,558
2,629
2,671
2,693
2,669
2,760
2,804
2,860
2,885
2,942
3,097
1,522
1,558
2,661
18
4,374
173
18
80
67
141
84
102
23
26
36
3,704
4,374
5,198
4,946
1,047
4,934
4,966
4,701
4,388
4,347
4,270
4,177
4,196
4,214
4,147
1,099
1,047
1,017
18,747
11,598
19,312
11,719
18,650
11,671
11,718
11,718
11,718
11,718
11,718
11,706
11,693
11,679
11,668
11,655
11,642
11,671
11,592
19,454
19,373
19,192
18,842
18,966
18,864
18,832
18,783
18,850
18,935
17,967
18,650
20,468
Beginning July 1974, the IMF adopted a technique for valuing the SDR
based on a weighted-average of exchange rates for the currencies of
16 member countries. The United States SDR holdings and reserve
'position in the IMF are also valued on this basis beginning July
1974.
2/ 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-.
3/ Includes gold held by the Exchange Stabilization Fund (ESF). See
~
"Account of the U.S. Treasury," Table UST-3.
4/
Convertible
foreign
currencies 5/
(5)
“
11,859
1/
""
Special
drawing
rights 1/4/
(4r “
Includes initial allocation on January 1, 1970 of $867 million,
second allocation on January 1, 1971 of $717 million, third
allocation on January 1, 1972 of $710 million, 'and fourth allocation
on January 1, 1979 of $874 million of special drawing rights (SDR)
xn the Special Drawing Account in the "International Monetary Fund,
plus or minus transactions in SDR.
5/ Includes holdings of Treasury and Federal Reserve System; beginning
November 1978, valued at current market exchange rates.
1
11,671
11,718
11,718
11,718
11,718
11,718
11,706
11,693
11,679
11,668
11,655
11,642
11,671
11,592
6/ The United States has the right to purchase foreign currencies
equivalent to its reserve position in the Fund automatically if
needed. Under appropriate conditions the United States could pur
chase additional amounts related to the United States quota. See
Table IFS-5.
7/ Includes gain of $68 million resulting from revaluation of the Ger
man mark in October 1969, of which $13 million represents gain on
German mark holdings at the time of revaluation. See also footnotes
3 and 4, Table IFS-4.
8/ Includes $28 million increase in dollar value of foreign currencies
revalued to reflect market exchange rates as of December 31, 1971.
See also footnotes 3 and 5, Table IFS-4.
9/ Total reserve assets include increase of $1,016 million resulting
from change in par value of the U.S. dollar in May 1972» consisting
of $828 million total gold stock* $822 million Treasury gold stock,
$155 million special drawing rights and $33 million reserve position
in the International Monetary Fund.
10/ Total' reserve assets include increase of $1,436 million resulting
from change in par value of the dollar on October 18, 1973, consis
ting of $1,165 million total gold stock, $1,157 million Treasury
gold stock, $217 million special drawing rights, and $54 million
reserve position in the International Monetary Fond.
88
Treasury Bulletin
—
INTERNATIONAL FINANCIAL gTA'TTg'TTra
_
Table IFS-2. - Selected UJS. liabilities to Foreigners
(In millions of dollars)
Liabilities to foreign countries
Official institutions 2/
End of
calendar
year or
month
Total
Liabilities
to IMF
arising from
gold trans
actions l/y
(1)
(2)
Total
(3)
Liabil Market
able U.S.
ities
reported Treasury
by banks bonds
and
in U.S.
notes 3/
(4)
Liabilities to
other foreigners
Nonmarket
able U.S.
Treasury
bonds and
notes 4/
Other
readily
market
able
liabil
ities 5j
(6)
(7)
(5)
(8)
15,975 11/ 12,559
15,998 “
12,582
346
346
3,070 11/
3,070
566
566
23,786
23,775
20,028
20,028
306
295
3,452
3,452
1 0 7IX
1 10/ ±±J
12/ .. f 68,440
17
( 68,567
544
544
51,209
50,651
39,823
39,162
1,955
1,955
9,431
9,534
-
/,83,769
^83,787
_
-
61,526
61,526
40,093
40,093
5,236
5,236
15,747
15,747
66,861 13/ 44,233
.
-
76,816
76,823
53,196
53,203
80,712
91,975
126,072
50,461
54,956
65,822
129,824
132,778
140,713
1969 10/.....
f 46,740 10/
^ 46,899
1970 10/
f 48,017
I 47,968
1972 10/
1973.........
1974 10/
93,642 13/
Zl20,4l7
\120,325
1975.........
1976.........
1977.........
127,432
152,468
193,827
Feb.....
Mar......
195,544
198,864
208,584
Amm
AIi ••
A
p r • J1M
f210,176
(210,024
May.....
June....
205,325
206,047
July....
Aug.....
208,220
213,191
217,551
226,579
234,206
243,167
Oct.....
Nov. p....
Dec. p....
1,019
1,019
-
“
_
_
-
•
-
Liabil
ities
to
banks
6/
Total
(?)
Liabil
ities
reported
by banks
in U.S.
<10)
Market
Nonmarket
able U.S. able U.S.
Gov't,
Treasury
bonds
bonds and
and notes notes 8/
3/ 7/
(11)
23,694
23,701
4,504
4,629
3,979
4,104
525
525
17,303
17,335
4,729
4,657
4,082
4,092
647
565
10,519
11,206
4,194
4,197
3,747
3,750
447
447
450
450
14,925
14,925
5,130
5,130
4,705
4,705
425
425
5,701
15,564 13/ 1,363
17,985
6,032
5,602
430
5,059
5,059
16,339
16,339
2,222
2,222
30,575
30,367
8,882
8,991
8,384
8,493
498
498
6,671
11,788
32,157
19,976
20,648
20,443
3,604
4,583
7,650
29,881
37,950
43,250
10,801
13,791
16,474
10,100
12,814
14,736
701
977
1,738
67,740
71,709
78,761
33,871
33,594
34,584
20,473
19,602
19,513
7,740
7,873
7,855
41,048
41,425
43,648
16,583
16,670
16,846
14,785
14,745
14,919
1,798
1,906
1,927
137,484
137,384
77,317
77,217
32,880
32,880
19,444
19,444
7,843
7,843
47,591
47,941
16,834
16,789
14,882
14,837
1,952
1,952
135,438
134,998
75,501
74,402
32,314
32,836
19,355
19,284
8,268
8,476
44,517
45,058
17,217
17,346
15,166
15,218
2,051
2,128
138,511
140,590
139,605
146,802
150,496
156,388
76,286
76,348
74,766
80,267
84,329
90,608
34,149
34,860
35,564
36,140
36,209
35,838
19,214
20,375
20,305
21,427
20,993
20,970
8,862
9,007
8,970
8,968
8,965
8,972
44,616
47,227
52,380
53,349
57,211
59,001
17,564
18,088
17,763
18,339
18,885
20,025
15,407
15,829
15,502
16,008
16,625
16,056
2,157
2,259
2,261
2,231
2,260
2,374
Note:
Table is based on Treasury Department data and on data reported
to the Treasury Department by banks and brokers in the United States.
Data correspond generally to statistics following in this section and
in the "Capital Movements" section, except for the exclusion of
nonmarketable, nonconvertible U.S. Treasury notes issued to foreign
official nonreserve agencies and the inclusion of investments by
foreign official reserve agencies in debt securities of U.S. Federally-sponsored agencies and U.S. corporations. Table excludes
International Monetary Fund "holdings of dollars," and holdings of
U.S. Treasury letters of credit and nonnegotiable noninterest-bearing
special U.S. notes held by other international and regional organ
izations.
1/ Includes liability on gold deposited by the International Monetary
Fund to mitigate the impact on the U.S. gold stock of foreign pur
chases for gold subscriptions to the Fund under quota increases,
and U.S. Government obligations at cost value and funds awaiting
investment obtained from proceeds of sales of gold by the Inters
national Monetary Fund to the United States to acquire income-earning
assets.
2 J Includes Bank for International Settlements and European Fund.
2 / Derived by applying reported transactions to benchmark data.
i j Excludes notes issued to foreign official nonreserve agencies.
jSj Includes debt securities of U.S. Government corporations, Fed
erally-sponsored agencies, and private corporations.
6/ Includes liabilities payable in dollars to foreign banks, and
liabilities payable in .foreign currencies to foreign banks and to
"other foreigners."
2 / Includes marketable U.S. Government bonds and notes held by foreign
banks.
8/ Includes nonmarketable U.S. Government bonds and notes held by
foreign banks.
9/ Principally the International Bank tor Reconstruction and Development;
m ■e •-Am erican
(12)
Liabilities
to nonmone
tary in
ternation
al and re
gional or
ganizations
9/
(13)
_
.
_
-
_
_
-
“
_
_
-
-
1,595
1,548
1,552
1,633
1,635
1,974
1,969
2,188
2,206
2,764
4,144
4,144
6,038
8,752
8,031
8,098
8,010
8,377
8,267
7,910
8,153
8,645
7,529
7,286
7,803
8,090
7,614
7,753
€lopiueiit Bcutk -mu one Aoxcin j^evexopmenT Hank.
10/ 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.
w
Includes $101 million Increase in dollar value of foreign currency
liabilities resulting from revaluation of the German mark in October
1969.
12/ Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions"
are included with "banks"; a number of reporting banks are included
in the series ’
for the first time; and foreign currency liabilities
to official institutions of foreign countries are increased in value
by $110 million to reflect market exchange rates as of December 31,
1971, as follows: U.S. Treasury certificates, $7 million; nonmarket
able U.S. Treasury bonds and notes, $103 million.
1,
3/ Includes $162 million increase in dollar value of foreign currency
liabilities to official institutions of foreign countries revalued to
reflect market exchange rates, as follows: short-term liabilities,
$15 million; and nonmarketable U.S. Treasury notes, $147 million.
14/ Data on the two lines shown for this date differ because of changes
in reporting forms and coverage (See introdmctory text to Capital
Movements tables for discussion of changes). Figures in the first
line are comparable in coverage to thos€ shown for the preceding
date; figures on the second line are comparable to those shown for
the following date.
n.a. Mot available,
p Preliminary.
February 1979
89
iMTOPMAmmT FINANCIAL STATISTICS
Table IFS-3. - U.S. Liabilities to Official Institutions of Foreign Countries, by Area
(In millions of dollars)
End of
calendar year
or month
1969 3/....................
Total
foreign
countries
(1)
f 15,975 4/
{ 15,998 4/
Western
Europe
1/
(2)
Latin American
and Caribbean
Republics
(4)
Canada
(3)
7,074 4/
7,074 4/
Asia
Africa
(5)
(6)
Other
countries
2/
(7)
1,624
1,624
1,888
1,911
4,552
4,552
546
546
291
291
1970 3/....................
(
\
23,786
23,775
13,620
13,615
2,951
2,951
1,681
1,681
4,713
4,708
407
407
414
413
1971 3/ 5/..................
f
51,209
50,651
30,010
30,134
3,980
3,980
1,414
1,429
14,519
13,823
415
415
871
870
61,526
66,861 6/
76,816
76,823
34,197
45,764
44,328
44,328
4,279
3,853
3,662
3,662
1,733
2,544
4,419
4,419
17,577
10,887
18,619
18,626
777
788
3,161
3,161
2,963
3,025
2,627
2,627
J
\
19/8-Jan...................
Apr J J .................
Nov. p.................
6/
80,712
91,975
126,072
45,701
45,882
70,748
3,132
3,406
2,334
4,448
4,906
4,633
22,551
34,108
45,676
2,983
1,893
1,742
1,897
1,782
940
129,824
132,788
140,713
/137,484
\ 137,384
135,438
134,998
72,598
74,441
76,294
73,908
73,741
72,777
74,455
2,078
1,389
1,633
2,437
2,477
2,680
2,593
4,562
5,145
5,751
5,584
5,543
5,408
4,653
48,084
49,214
54,247
52,565
52,613
51,702
50,626
1,706
1,901
1,758
1,873
1,872
1,945
1,689
796
688
1,030
1,117
1,118
926
982
138,511
140,590
139,605
146,802
150,496
156,388
75,739
79,723
80,268
85,294
88,38992,866
2,490
2,071
1,497
2,61$
2,446
2,486
4,580
4,602
3,876
4,616
4,4-78
4,985
52,455
51,354
51,202
51,362
52,079
52,864
2,220
2,036
2,006
2,184
2,301
2,443
1,027
802
756
746
803
744
Note: Data represent short-term and long-term liabilities to the offi
cial institutions of foreign countries, as reported by banks m the
United States; foreign official holdings of marketable and nonmarket
able U.S. Government securities with an original maturity of more
than one year except for nonmarketable notes issued to foreign offi
cial nonreserve agencies; and investments by foreign official reserve
agencies xn debt securities of U.S. Government corporatxons,
Federally-sponsored agencies, and private corporations*
1/ Includes Bank for International Settlements and European Fund.
2/ Includes countries in Oceania, Eastern Europe and Western European
dependencies in Latin America.
3/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first 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.
_4./ Includes $101 million increase in dollar value of foreign currency
liabxlities due to revaluation of the German mark xn October 1969.
5/
b/
7J
p
Data on the second line differ form those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks"; a number of reporting banks are included in the
series for the first time; and U.S. Treasury liabilities payable in
foreign currencies to official institutions of foreign countries are
increased m value by $101 million to reflect market exchange rates
as of December 31, 1971.
Includes $162 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates .
Data on the two lines shown for this date differ because of changes in
reporting form and 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.
(See introductory text to Capital Movements tables for discussion of
changes in reporting forms as of April 30, 1978).
Preliminary.
Treasury Bulletin
90
-INTERNATIONAL FINANCIAL STATTSTTna.
Table IFS-4. - Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions and Other Residents of Foreign Countries
(In millions of dollars or dollar equivalent)
End of
calendar
year or
month
Payable in dollars
Total
Total
Belgium
(2)
(1)
3,181 4/ 1,431
2,480
3,563
9,657 5/ 7,829
15,872
14,333
15,669 6/ 14,210
14,867
f 16,339
19,976
18,377
19,102
20,648
19,274
20,443
1978-Jan....................
Feb....................
Mar....................
Apr....................
July...................
Aug............ ........
1979-Jan....................
22,565
20,473
19,602
19,513
19,444
19,355
19,284
20,624
19,345
18,515
18,478
18,449
18,412
18,383
19,214
20,375
20,305
21,427
20,993
22,565
18,353
19,566
19,537
20,708
20,639
20,624
23,750
20,612
(3)
32
32
32
20
-
Canada
1/
(4)
1,129
2,289
2,640
2,840
2,540
2,540
2,100
1,650
700
Denmark
Germany
(5)
-
(6r
5,000
11,315
11,670
12,327
16,277
16,879
17,467
-
450
700
600
600
600
600
600
600
600
600
500
450
450 ,
Japan
Korea
Sweden
(9)
(8)
Switzer Taiwan
land
Thailand
(12)
135
25
22
22
-
-
15
15
15
15
-
(10)
-
17,467
17,467
17,467
17,467
17,467
17,467
-
600
700
-
“
-
-
286
1,499
1,470
2,741
2,722
2,707
17,467
“
"
”
”
2,695
17,467
17,467
17,467
17,467
17,467
17,467
17,467
450
Italy
2/
(7)
(11)
-
20
20
20
20
-
573
506
-
2,707
478
448
411
382
345
' 316
(13)
-
100
100
100
100
-
-
-
-
-
-
-
~
”
,
Payable in foreign currencies
End of
calendar
year or
month
Total
1,570. 4/
1,083
1,827 5/
1,539
1,459 6/
1,472 ~
1,599
1,546
1,169
Apr.................. :
May.................. *.
1979-Jan...................
Note:
1/
~
2/
3/
Italy
125
1,128
1,087
1,035
995
943
901
861
809
768
719
354
1,941
1,084 4/
542 “
612
306
1,595 7/
1,595 7/
3,138
1,595 7/
~
1,941
1978-Jan...................
Feb...................
Germany
3/
For further information, see "Public Debt Operations," Tables
PDO-8 and 9.
Includes boifds issued to the Government of Canada in connection with
transactions under the Colombia River Treaty. Amounts outstanding
were $84 million through September 1969; $54 million*. October 1969
through September 1970; and $24 million,~ October 1970 through
October 1971.
Notes issued to the Government of Italy in connection with
military purchases in the United States.
In addition, nonmarketable Treasury notes amounting to $125 million
equivalent were held by a group of German commercial banks from June
1968 through November 1972. The dollar value of these notes was
increased by $10 million in October 1969, and by $18 million as of
December 31, 1971. See also footnotes 6 and 7, Table IFS-1.
4/
-
-
Switzerland
541
541
1.,215
1,,233
1,,459
1,,472
1,,599
1,,546
1,,169
346
1,,128
1,,087
1.,035
995
943
901
861
809
768
719
354
346
1,543 8/
Includes an increase in dollar value of $84 million resulting from
revaluation of the German mark in October 1969. See also footnote 6,
Table IFS-1.
5/ Includes $106 million increase in dollar value of foreign currency
obligations revalued to reflect market exchange rate as of December
31, 1971. See also footnote 7, Table IFS-1.
6/ Includes $15 million increase in March and $132 million increase in
April in dollar value of foreign currency obligations revalued to
reflect market exchange rates.
I j Notes publicly issued to private German residents.
8/ Includes Jl,203 million of notes publicly issued to private Swiss
residents.
February 1979
— —
91
—
INTERNATIONAL FINANCIAL STATISTICS
_ _ _ _ _ _ _ _
Table IFS-5. - U.S. Position in the International Monetary Fund
(In millions of dollars)
Transactions affecting IMF holdings of dollars
during period
Calendar year
or month
1969....................
1970....................
1971.....................
1972....................
1973....................
1974....................
1975....................
1976....................
1977....................
1978....................
1978-Jan................
Feb................
Mar................
Apr................
May................
June...............
July...............
Sept...............
Oct................
1979-Jan................
U.S. transactions with IMF
Pay
Net
Net
ments of
gold
borrow
sub
sales
scrip
ings by
by IMF
IMF 2/
tion m
1/
dollars
(2)
(3)
(1)
22
1,155
712 6/
*
541 :/
754 71
10
218
670
2,110
233
-751
22
2,110
20
21
-30
21
21
21
-336
21
86
-385
22
"
"
Trans
actions
in
foreign
curren
cies 3/
(4)_/
150
1,362
200
-133
3,000
3,000
“
IMF net
income
in
dollars
Transactions by
other countries
with IMF
Purchases
of
dollars 4/
(5)
19
25
-28
-47
-33
-59
-219
-572
-628
(6)
-1,343
-854
-24
-1,073
-442
-2,078
-1,779
-631
-5
-145
-7
-6
-151
-8
-1,157
-42
-12
-42
-10
-65
-171
-6
-162
-12
-7
-114
* -8
-201
-36
-166
-158
-86
-168
-6
-132
Note:
The initial U.S. quota m the International Monetary Fund was
$2,750 million. The U.S. quota was increased to $4,125 million in
1959, $5,160 million in February 1966, and $6,700 million in December
1970, and revalued to $7,274 million in May 1972 and $8,083 million
in October 1973 as a result of changes in the par value of the dollar.
In April 1978 the U.S. quota was increased m SDR terms from 6,700
million to 8,405 million.
1/ Represents net Fund sales of gold to acquire U.S. dollars for use in
Fund operations. Does not include transactions in gold relating to
gold deposits or gold investment (see Table IFS-2).
2/ Represents net loans made to the IMF under the General Arrangements
to Borrow.
Positive figures represent purchases from the Fund of currencies of
other members for equivalent amounts of dollars; negative figures
represent repurchases of dollars, including dollars derived from
charges on purchases and from other net dollar income of the Fund.
The United States has a commitment to repurchase within 3-5 years,
but only to the extent that the Fund's holdings of dollars exceed
75 percent of the U.S. quota. Purchases of dollars by other
countries reduce the U.S. commitment to repurchase by an equivalent
amount.
4/ Beginning January 1970, includes dollars obtained by countries other
than the United States from sales of gold to the Fund.
5/ Represents the United States reserve tranche position in the Fund (the
United States quota, plus net U.S. loans to the IMF, minus Fund's
holdings of dollars), which is the amount that the United States could
purchase in foreign currencies automatically if needed. Under
appropriate conditions, the United States could purchase additional
amounts related to the United States quota.
6/ Includes $30 million of special drawing rights.
7/ Represents amount paid in dollars to the Fund to maintain the
value of Fund holdings of U.S. dollars.
IMF holding
of dollars at
ena ojc period
Repur
chases
in
dollars
(7)
268
741
40
195
426
1,893
2,783
60
166
327
290
234
304
Total
ehange
Amount
Percent
of
U.S.
quota
U.S.
reserve
position
in IMF
at end of
period
5/
(10)
(11)
2,836
4,765
6,115
6,810
7,531
6,265
5,800
3,587
3,963
55
71
91
94
93
78
72
44
49
2,324
1,935
585
465
552
1,852
2,212
4,434
4,946
5,588
13
10
300
2,384
18
145
9,5518/
3,976 8/
3,986 8/
4,286 8/
6,670 8/
6,688 8/
6,833 8/
90
49
49
53
64
64
66
1,047
4,934
4,966
4,701
4,388
4,347
4,270
2/
9/
9/
9/
9/
9/
9/
348
196
171
428
91
168
132
18
15
-52
2,912
-307
6,965
6,983
6,998
6,946
9,858
9,551
8/
8/
8/
8/
8/
8/
67
67
67
67
93
90
4,177
4,196
4,214
4,147
1,099
1,047
9/
9/
9/
9/
9/
9/
132
16
9,567 8/
91
1,017 9/
(8)
-1,034
h,929
1,350
694
721
-1,265
-466
-2,214
376
(9)
8/ Excludes currency valuation adjustments for each month4 as follows
(in millions of dollars):
Payable to
the U.S.
1978-Ja n
Feb.................
Mar.................
Apr.................
May.................
June................
58
32
-
July................
Aug.................
Sept................
Oct.................
Nov.................
Dec.................
1979-Ja n
530
132
9j
Payable to
the IMF
1
43
38
108
114
61
58
384
235
Includes valuation adjustments on net borrowing by the IMF due to
changes arising from flucuations in the dollar value of the IMF's
unit of account (SDR), for each month as follows (in millions of
dollars):
Increase or
Decrease (-)
1978-Ja n
Feb............
Mar............
Apr............
May............
June...........
*
7
6
-6
-4
11
July............
Aug............
Sept...........
Oct............
Nov............
Dec............
1979-Ja n
11
6
6
20
-23
*
*
*
Less than $500,000.
92
Treasury Bulletin
INTERNATIONAL FINANCIAL STATISTICS_____________
Table IFS-6. - Weighted-Average of Exchange Hate Changes for the Dollar
(Percent change relative to exchange rates as of end-May 1970)
Trade-weighted average appreciation (+)
or depreciation (-) of the U.S. dollar 1/
Vis-a-Vis
End of calendar
year or month
Currencies of
OECD countries 2/
L978-Jan.....................................
Feb.....................................
Mar.....................................
Apr....... .............................
May.....................................
Oct.....................................
Nov.....................................
1/
-0.9
-4.8
-4.9
-9.6
-9.6
-4.6
-1.0
-1.0
-4.9
-2.0
-8.2
-9.4
-14.6
-16.0
-10.9
-10.3
-14.6
-21.6
-14.2
-14.9
-15.9
-15.0
-14.8
-17.9
-0.5
-1.4
-1.8
-1.2
-0.6
-2.6
-20.3
-20.8
-20.8
-27.3
-19.5
-21.6
-4.3
-4.4
-4.2
-8.7
-3.0
-4.9
-19.6
-2.8
Equation two is used to calculate a trade-weighted average of changes
in the foreign exchange cost of dollars:
This table presents calculations of weighted average percentage changes
in the rates of exchange between the dollar and certain foreign curren
cies, in order to provide a measure of changes in the dollar's general
foreign exchange value broader than a measure provided by any single
exchange rate change. Calculations are provided for two sets of
countries that account for a major share of U.S. foreign trade. U.S.
bilateral trade patterns in 1972 are used as a convenient, readily
available proxy for the assignment of relative weights to individual
exchange rate changes, though such weights do not provide a full
measure of individual currencies' relative importance in U.S. inter
national transactions because they take no account of factors other
than trade. The calculations do not purport to represent a guide to
measuring the impact of exchange rate changes on U.S. international
transactions.
Exchange rate data used in constructing the indices reported here differ
somewhat from those used in earlier calculations to more accurately
reflect end-of-period currency values.
(EQ2)
Xi/EX is U.S. exports to country i, as
a proportion of total U.S. exports to
all countries m the set.
Equation three combines the above export-weighted and import-weighted
averages to provide an overall measure of exchange rate change:
(EQ3)
E = [(Em * m/m+x)*(-l)] + [Ex * x/m+x]
Where:
A$/fCi is the percent change in the dollar
cost of foreign currency i; and
Mj/SM is U.S. imports from country i, as
a proportion of total U.S. inports from
al^ countries in the set.
m/m+x is U.S. imports as a proportion
of its total trade with all countries in
the set; and
x/m+x is U.S. exports as a proportion of
its total trade with all countries in the
set.
Ejn « 2 (A$/fci * MX/SM)
E™ is the weighted average of percentage
changes in the dollar cost of individual
foreign currencies;
Ex is the weighted average of percentage
changes m the foreign currency cost of
dollars;
AfCj/$ is the percent change in the
foreign currency i cost of dollars; and
Equation one is used to calculate a trade-weighted average of changes
in the dollar cost of foreign currencies:
Where:
Ex - Z(Afc1/$ * Xj/EX)
Where:
The equations used are as follows:
(EQ1)
Currencies of 46 main
trading countries 3/
2/
Australia, Austria, Belgium-Luxembourg, Canada, Demark, Finland, France
Germany, Greece, Iceland, Ireland, Italy, Japan, the Netherlands,
New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey,
United Kingdom.
3/ The currencies of 46 IMF member countries which account for approximately
907. of U.S. total trade,
p
Preliminary.
93
February 1979
CAPITAL MOVEMENTS
Introduction
A number of changes in the presentation of some sections
of the capital movements statistics were introduced in the
July 1978 issue of the Treasury Bulletin.
Chiefly, these
changes reflect major revisions in the structure of the
Treasury International Capital (TIC) B-series Forms, filed by
banks and some brokers in the United States, to meet current
conditions and needs; others are designed to increase the
usefulness of the published statistics.
Revisions to the
reporting forms represent a continuation of a broad program
conducted over the past several years to ensure the adequacy of
the Treasury capital movements statistics for analysis and
policy formulation with respect to the international financial
position of the United States and on movements of capital
between the United States and foreign countries. The revised
forms and instructions were developed with the cooperation of
other Government agencies and the Federal Reserve System, and
in consultations with representatives of the banking and
securities industries.
The changes in the structure of the B-series Forms
greatly improve the usefulness of the reports for analysis of
the foreign position of the banking system; analysis of the
movement of funds through foreign branches and head offices;
comparison of U.S. banking data with data of other countries;
and relating the Treasury data to the Federal Reserve data on
U.S. banks* foreign branches. The reporting instructions were
improved and clarified in several respects; and definitions of
items to be reported have been made as consistent as is
possible with definitions used in reports required by the bank
regulatory agencies.
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*191 and Treasury regulations
promulgated thereunder.
The report forms, formerly entitled
Treasury Foreign Exchange Forms, were redesignated in January
1977 as Treasury International Capital Forms.1/ The regula
tions were amended in January 1977 to acknowledge the effects
of the International Investment Survey Act of 1976 which
provides additional authority for the collection of data on
international capital flows and international investment.
Statistics on the principal types of data and the principal
countries, securities brokers and dealers, and nonbanking
concerns in the United States.
These statistics are then
consolidated and are published by the Treasury as promptly as
possible.
Basic Definitions
The term "foreigner11 as used in the Treasury reports
covers all institutions and individuals domiciled outside the
United States, including United States citizens domiciled
abroad, and the foreign branches, subsidiaries and offices of
United States banks and business concerns; the central
governments, central banks and other official institutions of
foreign countries, wherever located; and international and
regional
organizations,
wherever
located.
The
term
"foreigner11 also includes persons in the United States to the
extent that they are known by reporting institutions to be
acting on behalf of foreigners.
In general, data are reported opposite the foreign
country or geographical area in which the foreigner is
domiciled, as shown on the records of reporting institutions.
For a number of reasons, the geographical breakdown of the
reported data may not in all cases reflect the ultimate
ownership of the assets.
Reporting institutions are not
expected to go beyond the addresses shown on their records, and
so may not be aware of the country of domicile of the ultimate
beneficiary.
Furthermore, U.S. liabilities arising from
deposits of dollars with foreign banks are reported generally
in the Treasury statistics as liabilities to foreign banks,
whereas the liability of the foreign bank receiving the
deposit may be to foreign official institutions or residents
of another country.
Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
which the official institution belongs.
Data pertaining to
international and regional organizations are reported opposite
the appropriate international or regional classification
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Europe."
Geographical Classification
A number of1 changes in geographical classification were
introduced for most capital movements tables in the July 1978
issue.
Several countries formerly included in "Eastern
Europe" and in "Other Latin American Republics" are shown
separately in the country list, as well as a new category in
the International and Regional grouping for "Middle Eastern
Regional" in view of the proliferation of regional financial
organizations, primarily in the Arab states.
The remaining
countries in the categories "Other Eastern Europe" and "Other
Western Europe" have been combined into a single "Other
Europe" category; and the heading, "Latin America" has been
retitled "Latin America and Caribbean."
To the extent
possible, the statistics for earlier dates have been adjusted
in accordance with the revised country stub.
Reporting Coverage
Reports are required from banks, bank holding companies,
securities brokers and dealers, and nonbanking concerns in the
United States, including the branches, agencies, subsidiaries,
and other affiliates in the United States of foreign firms.
Institutions which have total reportable liabilities, claims
or securities transactions below specified exemption levels
are exempt from reporting.
Banks file reports monthly covering their dollar liabili
ties to, and dollar claims on, foreigners in a number of
countries. Twice a year as of June 30 and December 31, they
also report the same liabilities and claims items with respect
to foreigners in countries not shown separately on the monthly
reports. Beginning with reports due as of June 30, 1978, banks
also report quarterly their liabilities and claims vis a vis
foreigners that are denominated in foreign currencies.“ T?he
specified exemption level applicable to the monthly reports is
$2 million and is based on the average for the report dates
during a six-month period, including the current report date.
There are no separate exemption levels for the quarterly and
semiannual reports.
Banks, securities brokers and dealers, and in some
instances, nonbanking concerns, report monthly their transac
tions in securities with foreigners; the applicable exemption
level is $500,000 on the grand total of purchases and on the
grand total of sales during the month covered by the report.
Quarterly reports are filed by exporters, importers,
industrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims, on the six-months average basis,
are $2 million or more.
These firms also report the liquid
portion of their claims for each month-end when they have
reportable claims of $2 million or more.
Description of Statistics
Data collected on the Treasury International Capital
Forms are published in the Treasury Bulletin in six sections,
beginning with the July 197B issue.
Section I presents data in four tables on liabilities to
foreigners reported by banks in the United States. Beginning
with the July 1978 issue there is separate reporting of amounts
due to banks* own foreign offices; the previous distinction
between
short-term and long-term liabilities has been
eliminated; there is now a separation of the liabilities of the
reporting banks themselves from their custody liabilities to
foreigners; and foreign currency liabilities are only reported
quarterly. Also, beginning with the July 1978 issue, the data
Treasury Bulletin
9 4
CAPITAL MOVEMENTS
on liabilities are made more complete by extending to
securities brokers and dealers the requirement to report
certain of their own liabilities and all of their custody
liabilities to foreigners.
Table CM-I-1 showing total liabilities by type of foreign
holder has been revised to combine liabilities previously
shown separately as either short-term or long-term (in old
Table CM-I-6).
Table CM-I-2, Parts A and B, on foreigners*
holdings of liabilities, by type, is revised to show total bank
reported liabilities payable in dollars only.
Table CM-I-3
presents total liabilities by country for recent periods and
includes the long-term data previously shown in Table CM-I-7;
whereas CM-I-4, covering total liabilities by type and country
for the most recent month, is revised to include several data
items not previously reported separately.
The liabilities
data on supplementary countries previously presented in Table
CM-I-5 now appear in Table CM-III-1. (See Section III below.)
Old Tables CM-I-6 and CM-I-7 no longer appear.
Section II presents the 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.
Beginning with data reported as of the end of April 1978,
banks* claims held for their own account are reported
separately from claims held for their domestic customers. The
former are available in a monthly series whereas the latter
data are collected on a quarterly basis only. Also, there is
no longer a monthly breakdown available on the long-term and
short-term components of banks* claims. Maturity data are now
collected quarterly on a time remaining to maturity basis as
opposed to the historic original maturity classification.
Foreign currency claims items are also collected only on a
quarterly basis.
Table CM-II-1 presents total claims by type as reported
on the old B-series Forms and has been revised to include the
long-term claims components formerly published in old Table
CM-II-4. Table CM-II-2, showing total claims by type, is based
on the revised banking reports. Table CM-II-3, which presents
total claims by country merges the previously reported short
term and long-term claims data from old Tables CM-II-2 and CMII-5.
New Tables CM-II-4 through CM-II-7 are based on the
revised reports and replace the previous tables which showed
short-term and long-term claims separately.
Another important change in the claims reporting, begin
ning with new quarterly data as of June 30, 1978, is the
adoption of a broadened concept of "foreign public borrower**
which replaces the previous category of 11foreign official
institution** to produce more meaning information on lending to
the public sector of foreign countries.
The term "foreign,
public
borrower**
encompasses
central
governments
and
departments of central governments of foreign countries and of
their possessions; foreign central banks, stabilization funds,
and exchange authorities; corporations and other agencies of
central governments, including development banks, development
institutions and other agencies which are majority-owned by
the central government or its departments; State, provincial
and local governments of foreign countries and their
departments and agencies; and any international or regional
organization or subordinate or affiliated agency thereof,
created by treaty o r -convention between soveregin states.
Section III is new and includes two supplementary tables
on U.S. banks* liabilities' to, and claims on, foreigners.
Table CM-III-1 summarizes dollar liabilities to, and banks*
own dollar claims on countries and areas not regularly
reported separately. Beginning with reports due as of June 3Q,
Note: With respect to tables presented in Sections I and II,
attention is called to the fact that not all breakdowns
previously published will be exactly comparable to those
currrently presented.
Although an attempt has been made to
revise past figures to put them on a comparable basis with
current data, caution should be exercised in using past series
1978, these data are collected semiannually. Previously, the
semiannual reports were addressed to liabilities items only.
Historically, the semiannual data were reported as of April
and December; however, they are now collected as of the end of
June and December. Table CM-III-2 (not shown in this issue) is
a new table that provides data for selected yearends and the
most recent twelve months on U.S. banks* loans and credits to
nonbank foreigners, based on the TIC reports and on the monthly
Federal Reserve 502 reports submitted for foreign branches of
U.S. banks.
Sections IV and V (previously Sections III and IV) show
respectively the liabilities to, and claims on, foreigners
reported by exporters, importers, industrial and commercial
firms, financial institutions other than banks and brokers,
and other nonbanking concerns in the United States. Tables in
these sections are unchanged from previous issues. The data
exclude the intercompany accounts of business enterprises in
the United States with their own branches and subsidiaries
abroad or with their foreign parent companies. (Such transac
tions are reported by business firms to the Department of
Commerce on its direct investment forms.)
The data also
exclude claims held through United States banks.
Separate
figures are shown in Section V for the short-term liquid claims
of large nonbanking concerns in the United States.
Section
VI
(previously
Section
V
but
otherwise
unchanged), 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
nonmarketable U.S. Treasury bonds and notes, foreign currency
series, which are shown in the "International Financial
Statistics" section, Table IFS-4). The data cover new issues
of securities,
transactions in outstanding issues, and
redemptions of securities. They include transactions executed
in the United States for the account of foreigners, and
transactions executed abroad for the account of reporting
institutions and their domestic customers. The data include
some transactions which are classified as direct investments
in the balance of payments accounts.
The data exclude
securities issued abroad by foreign subsidiaries of U.S.
corporations, some of which are treated in the balance of
payments as issues of U.S. corporations.
The geographical breakdown of the data on securities
transactions shows the country of domicile of the foreign
buyers and sellers of the securities; in the case of out
standing issues, this may differ from the country of the
original issuer.
The gross figures contain some offsetting
transactions between foreigners.
The net figures for total
transactions represent transactions by foreigners with United
States residents; but the net figures for transactions of
individual countries and areas may include some transactions
between foreigners of different countries.
Beginning with
data for 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.
The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries.
The principal exclusions are the
intercompany capital transactions of business enterprises in
the United States with their own branches and subsidiaries
abroad or with their foreign parent companies, and capital
transactions of the United States Government.
Consolidated
data on all types of capital transactions are published by the
Departent of Commerce in its regular reports on the United
States balance of payments.
in Sections I and II in conjunction with those shown for
periods after April 1978.
1/
Copies of the reporting forms and -instructions may be
obtained from the Office of Statistical Reports,* Office of the
Assistant Secretary for Economic Policy, Department of the
Treasury, Washington, D.C., 20220, or from Federal Reserve
Banks.
February 1979
95
______________________ CAPITAL MOVEMENTS_______________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-1. - Total liabilities by Type of Holder
(In millions of dollars)
International and regional 2/
Foregin countries
End of
calendar
or month
Total
liabili
ties
Official institutions 1/
Total
(1)
(2)
Payable
in dollars
(3)
Banks and other foreigners
Payable
m foreign
currencies
(4)
Payable
in dollars
Total
Payable
in foreign
currencies
(7)
Total
(8)
Payable
in dollars
(9)
(5)
(6)
227
227
2,298 4,
2,302 4/
2,298
2,302
Payable
m foregin
currencies
(10)
-
1969 3/...........
f 42,530
« 42,690
12,559
12,582
12,356
12,379
203
203
27,673
27,806
27,446
27,579
1970 3/...........
f 43,422
I 43,464
20,028
20,028
19,880
19,880
148
148
21,385
21,427
21,164
21,207
221
220
2,009 u)
2,009 4/
2*009
2,009
-
1971 3/...........
f 56,306
1 56,331
39,823
39,162 5/
39,665
38,988 5/
158
165 6/
14,267
14,956 5/
14,019
14,70S 5/
248
248
2,217 4/
2,213 4/
2,217
2,213
-
-
19,629
19,283
346
1,968
1,968
-
-
1972.............
61,689
40,093
39,922
171
1973.............
70,535
44,233
44,105
127 7/
,23,587
23,117
468
2,716
2,716
-
f 96,128
^ 96,056
53,196
53,203
53,069
53,076
127 7/
127 7/
38,959
38,860
38,320
38,221
639
639
3,973
3,992
3,973
3,992
“
96,147
50,461
50,461
-
39,982
39,430
552
5,704
5,696
8
1Q7/, O/
1975.............
-
1976.............
111,430
54,956
54,956
-
50,764
49,987
777
5,710
5,705
5
1977.............
127,065
65,822
65,822
-
57,985
57,071
914
3,256
3,245
11
1978.............
168,297
90,608
90,608
-
75,057
73,017
2,040
2,632
2,617
15
1977-Dec..........
127,065
65,822
65,822
-
57,985
57,071
914
3,256
3,245
11
1978-Jan..........
Feb..........
Mar..........
127,207
130,990
140,310
67,740
71,709
78,761
67,740
71,709
78,761
_
55,832
56,170
57,927
55,013
55,293
56,944
819
876
983
3,635
3,111
3,622
3,624
3,102
3,618
11
9
4
June.........
f 143,207
^143,054
138,314
137,630
77,317
77,217
75,501
74,402
77,317
77,217
75,501
74,402
62,473
62,778
59,683
60,276
61,294
61,598
58,504
58,581,
1,179
1,179
1,179 9/
1,695
3,417
3,060
3,131
2,951
3,415
3,058
3,129
2,942
2
2
2 9/
10
138,997
142,236
146,065
152,564
160,402
168,297
76,286
76,348
74,766
80,267
84,329
90,608
76,286
76,438
74,766
80,267
84,329
90,608
60,023
58,328
2,678
10
61,361,
2,832
67,882
69,357
73,836
75,057
65,912.
67,388'
71,866
73,017
1,695 10/
1,695 10/
1,970
1,970 g.o/1
1,970 10/1
2,040
2,687
63,056
3,416
2,939
2,236
2,632
2,823
3,406
10 10/
10
2,929
2,225
2,617
10
10
15
July.........
Sept.........
-
-
-
1
Note: Total liabilities include liabilities previously classified
as either "short-term" or "long-term" on the Treasury reports
filed by banks. The maturity distinction was discountmued with new
reports filed as of April 30, 1978, and the historical series
adjusted accordingly. Also see footnote 8.
1/ Includes Bank for International' Settlements and European Fund.
2/ Principally the International Bank for Reconstruction and
Development and the Inter-American Development Bank.
3/ Data on the two lines shown for this date differ because of
changes in reporting coverage. Figures on the first line are
comparable m coverage to those shown for the preceding date;
figures on the second line are comparable to those shown for
the following date.
4/ Includes U.S. Government obligations at cost value and funds
awaiting investment obtained from proceeds of sales of gold by
the International Monetary Fund to the United States to acquire
income-earning assets as follows: $800 million at end 1969; $400
million at end 1970 and 1971. Upon termination of
investment, the same quantity of gold was reacquired by the Inter
national Monetary Fund .
Data on the second line differ from those on the first line
because certain accounts previously classified as "official
institutions " are included with "banks" and a number of reporting
banks are included m the series for the first time.
6/ Includes $7 million increase in dollar value of foreign currency
obligation revalued to reflect market exchange rates as of Dec.
31, 1971.
] J Includes $15 million increase m dollar value of foreign currency
liabilities revalued to reflect market exchanges rates.
8/ Data on the two lines shown for this date differ because of changes
in reporting forms and coverage. Figures on the first line are
comparable with those shown for the preceding date; figures on the
second hup are comDarable to those «hown for t-he.following date.
(See introductory text to Capital Movements Section for discussion
of changes in reporting.)
9 / Data as of end of April 1978.
10/ Data as of most immediately preceding quarter end.
p Preliminary .
5/
10/
10/
10/
96
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Total Liabilities by Type, Payable in Dollars
Part A - Foreign Countries
(In millions of dollars)
End of
calendar
year
or month
Total
foreign
coun
tries
Deposits
Deposits
Demand
Other foreigners
Banks
Official institutions 1/
Time 2/
U.S.
Treas.
bills &
certif
icates
Other4’
liabil
ities 2/
Demand
U.S.
To own
Treas.
Other
bills & liabil foreign
certif ities 2/ offices 3/
Time 2/ icates
Deposits
Demand
Time 2/
U.S.
Treas.
bills &
certif
icates
Other
liabil
ities 2/
(2)
(3)
(4)
(5)
(13)
(14)
1969 V .........
f 39,802
t 39,958
1,918
1,930
2,951
2,942
3,844
3,844
3,643
3,663
16,745
16,756
1,988
1,999
20
20
4,713
4,699
_
-
1,709
1,711
1,811
1,935
107
107
353
352
/ 41,044
\ 41,086
1,652
1,652
2,554
2,554
13,367
13,367
2,307
2,307
12,376
12,385
1,326
1,354
14
14
3,367
3,362
-
1970 4/.........
1,688
1,688
1,886
1,895
131
131
376
377
1971 4/ 5/......
/ 53,684
\ 53,706
1,620
2,504
1,327 I / 2,039 5j
32,311
32,311
3,230
3,321
7,047
3,399 5,
850
320 5
8
8
2,367
7,232 5/
-
1,660
1,660
1,663
1,666
96
96
328
327
1972 4/.........
/ 59,205
^59,204
1,591
1,591
2,880
2,880
31,453
31,453
3,998
3,998
4,658
4,658
405
405
5
5
9,510
9,510
1,955
1,955
2,116
2,116
65
65
569
568
67,222
2,125
3,911
31,511
6,558
6,941
529
11
10,034
f 91,389
^91,297
2,951
2,951
4,257
4,167
34,656
34,656
11,205
11,302
1,911
1,910
232
232
19,546
19,355
-
(1)
1973...........
(6)
(7)
(8)
(9)
(10)
-
-
(11)
(12)
2,143
2,359
68
1,032
2,729
2,729
3,796
3,744
277
277
1,581
1,743
1975...........
89,891
2,644
3,423
34,199
10,195
8,248
8,231
7,534
1,873
335
19,588
-
3,248
4,823
325
1,704
1976............
104,943
3,394
2,321
37,725
11,516
9,104
2,297
119
25,652
-
4,015
6,524
198
2,078
1977...........
4,304
7,546
240
2,645
4,246
4,304
8,379
7,546
282
240
3,148
2,645
4,245
4,143
4,000
7,606
7,526
7,654
231
268
291
2,703
2,807
2,974
3,974
3,762
7,801
8,280
287
286
2,821
2,508
24,795
25,369
4,106
4,149
8,173
8,281
297
310
2,590
2,478
24,679
27,955
32,085
31,511
35,744
36,518
3,983
4,090
4,039
4,222
4,628
4,246
8,208
8,552
8,222
8,213
8,331 '
8,379
290
301
308
326
245
282
2,927
2,886
2,932
3,247
3,421
3,148
122,893
3,528
1,797
47,820
12,677
10,933
2,040
141
29,222
163,625
1978...........
1977-Dec........ . 122,893
3,388
3,528
2,331
1,797
67,650
47,820
17,238
12,677
11,238
10,933
1,481
2,040
300
141
7,424
29,222
1978-Jan........ , 122,753
Feb........ , 127,002
, 135,705
2,673
2,782
2,804
1,788
2,570
1,777
49,752
52,689
59,302
13,527
13,668
14,878
10,274
10,570
10,113
1,995
1,823
1,734
152
165
161
27,807
27,991
30,017
i f l 38,611
‘ H 38,816
3,532
3,701
1,792
1,901
57,606
57,649
14,386
13,966
10,732
10,220
1,771
1,375
215
314
33,694
6,353
36,518
28,500
May........
June.......
134,005
132,983
3,092
2,611
1,982
1,981
56,447
55,594
13,979
14,217
10,338
10,164
1,325
1,255
363
300
6,517
6,275
July.......
134,615
137,709
140,678
147,655
156,196
163,625
3,473
2,643
3,307
3,046
3,414
3,388
2,277
2,595
2,563
2,399
2,345
2,331
56,842
56,299
55,014
57,967
62,635
67,650
13,695
14,812
13,882
16,855
15,935
17,238
10,240
9,229
9,713
10,156
10,068
11,238
1,321
1,390
1,618
1,552
1,735
1,481
269
296
307
381
371
300
6,412
6,662
6,687
7,780
7,323
7*424
i|k«l £ t
Oct........
Dec. p.....
1/ Includes Bank for International Settlements and European Fund.
][/ Time deposits exclude negotiable time certificates of deposit, which
are included in "Other liabilities."
3/ Data not available separately prior to April, 1978.
4/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
£/ Data on the second line differ from those on the first line because
those liabilities of U.S. banks to their foreign branches and those
liabilities of U.S. agencies and branches of foreign banks to their
head offices and foreign branches which were previously reported as
deposits are included in "Other liabilities"; certain accounts
6/
p
previously classified as "official institutions" are included with
"banks"; and a number of reporting banks are included in the series
for the first time.
Data on the two lines shown for this data differ because of changes
in reporting coverage. Figures on the first line are comparable with
those shown for the preceding date; figures on the second line axe
comparable to those shown for the following date. (See introductory
text to Capital Movements Section for discussion of changes in
reporting.)
Preliminary.
97
February 1979
_____________________ CAPITAL MOVEMENTS_______________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table GM-I-2. - Total Liabilities by Type, Payable in Dollars-Continued
Part B - Nonmonetary International and Regional Organizations
(In millions of dollars)
Total
End of
calendar year
or month
Deposits
Demand
(1)
U.S. Treasury
bills and
certificates
Other
liabilities 1/
Time 1/
(2)
(3)
(4)
(5)
83
83
244
244
1,109
1,113
1969 2/....................
f
1,498
1,502
62
62
1,609
69
159
211
1,170
1971 2/
f
1,818
1,814
73
73
192
192
211
211
1,342
1,338
1,968
86
202
326
1,354
2,716
101
83
296
2,236
3,973
3,992
139
139
111
111
497
497
3,226
3,245
5,696
139
14S
2,554
2,855
5,705
290
205
2,701
2,509
3,245
231
139
706
2,169
2,617
3,245
330
231
94
139
201
706
1,992
2,169
3,624
3,102
3,618
3,415
3,058
3,129
2,942
2,678
2,823
3,406
2,929
2,225
2,617
186
180
245
268
267
286
265
257
142
144
133
153
330
129
120
109
122
92
61
119
116
97
99
116
102
94
959
1,111
1,317
892
892
1,153
922
2,350
1,691
1,947
2,133
1,807
1,628
1,636
2,077
2,215
2,127
2,277
l,78fr
1,992
1974 2/.......................
1977-Dec......................
1978-Jan.....................
Feb.....................
Apr. 3/ ...........................................
July....................
Note:
\
f
^
Principally the International Bank for Reconstruction and
Development and the Inter-American Development Bank; excludes Bank
for International Settlements and European Fund.
1/ Time deposits exclude negotiable time certificates of deposit, which
*” are included in "Other liabilities."
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
coverage to those shown for the preceding date; figures on the
228
368
1,036
403
183
201
second line are comparable to those shown for the following
3/ Data on the two lines shown for this date differ because of
in reporting forms and coverage. Figures on the first line
comparable with those shown for the preceding date; figures
second line are comparable to those shown for the following
(See introductory text to Capital Movements Section for
discussion of changesin reporting.)
p Preliminary.
date.
changes
are
on the
date.
98
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-3. • Total liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
Aug.
Apr. 1/
Europe:
Austria................. .
Belgium-Luxembourg........
Bulgaria................
Czechoslovakia..........
Denmark................. .
Finland................. .
France.................. ,
German Democratic Republic,
Germany.................
Greece...................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania.................
Spain...................
Sweden.................. ,
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
Total Europe.
319
2,590
n.a.
n.a.
771
330
5,293
n.a.
7,337
603
n.a.
n.a.
n.a*
332
392
7,735
n.a.
4,571
284
n.a.
1,073
3,411
996
n.a.
195
n.a*
427
2,290
8,521
118
6,952
40
127
3,170
364
422
4,894
n.a.
6,311
403
n.a.
3,212
3,011
785
n.a.
240
n.a.
564
1,693
9,484
166
10,127
51
189
2,928
68
68
273
n.a.
624
2,718
12,480
130
14,215
99
232
1,972
44,319
47,508
60,755
6,866
2,885
949
4,814
Canada .
Latin America and Caribbean.
Argentina..............
Bahamas................
Bermuda................
Brazil..............
British West Indies.....
Chile..................
Colombia................
Cuba...................
Ecuador................
Guatemala..............
Jamaica................
Mexico.................
Netherlands Antilles ± j..
Panama.................
Peru...................
Trinidad and Tobago.....
Uruguay................
Venezuela..............
Other Latin America and
Caribbean............
1,151
1,889
184
1,233
1,311
319
417
6
120
n.a.
n.a.
2,076
n.a.
1,115
244
131
172
3,313
325
3,160
14
327
3,325
n.a.
n.a.
1,065
429
5,541
n.a.
22
Dec. p
425
2,273
26
16
1,597
416
-431
2,462
48
29
1,676
43 5
8,153
36
11,346
725
3,197
14,447
164
12,639
87
158
2,922
17
1,830
389
8,910
36
15,793
908
30
7,832
2,527
1,105
84
379
14
909
3,225
15,943
163
13,027
78
191
2,753
507
2,759
29
32
1,947
346
8,755
42
17,686
826
103
7,713
2,416
1,273
107
331
17
788
3,136
19,030
317
14,544
82
254
3,179
69,932
74,241
79,251
8 6 ,2 2 1
■57438”
“7773r
162
n.a
672
3,188
13,280
252
11,153
65
195
2,003
1,064
439
5,555
27
11,177
587
X 30
6,033
3,025
1,467
69
164
24
664
3,183*
13,270
249
11,170
63
192
1,909
58
1 0 ,886
827
19
8,086
3,254
1,519
80
324
17
787
3,365
12,236
137
11,195
46
149
2,345
63,960
63,887
68,103
6,027
6,059
6,-673
1,938
6,980
345
1,440
4,993
395
1,346
1,921
7,269
381
1,412
4,965
393
1,329
1,527
4,659
380
1,410
5,618
354
1,487
3,252
438
59
3,192
289
2,657
313
53
185
3,229
1,492
7,279
419
1,414
5,621
353
1,435
7
405
365
78
3,129
318
2,745
321
192
197
2,565
1,496
11,194
588
n.a.
5,965
3,023
1,466
8,020
1,540
2,840
205
1,438
1,877
337
1,469
3,607
323
1,396
4,168
362
1,021
6
1,221
6
6
6
10
320
n.a.
n.a.
2,872
158
1,167
257
167
245
3,120
330
n.a.
n.a.
2,877
197
2,332
287
203
243
2,931
363
n.a.
n.a.
2,988
208
2,245
305
94
225
3,265
356
458
41
2,967
364
1,703
1,971
2,060
-1,545
1,478
29,193
29,358
27,703
56
1,219
1,055
949
651
508
20,163
754
165
136
192
634
248
27
261
8,938
468
50
1,225
44
1,338
1,120
1,221
946
650
490
20,203
776
164
136
191
616
244
27
257 *
8,965
450
767
310
440
19,871
776
173
163
212
2,225
309
93
221
474
2,559
20
24
1,736
425
8,513
61
866
17
7,465
2,765
1,211
114
522
28
789
3,350
13,209
226
12,004
70
167
2,532
21
7,416
2,532
1.213
135
386
11
1,750
7,112
1,603
1,668
1,297
6,933
344
1,616
7
348
375
43
3,430
368
2,812
332
78
4,910
3,701
3,554
6,612
631
1,146
6,049
400
1,765
13
323
427
52
3,371
308
2,996
363
216
233
3,814
1,461
1,525
1,601
396
1,505
6,160
336
1,487
7
369
386
57
3,118
353
2,400
323
86
211
212
Total Latin America and
Caribbean...............
Asia:
China:
Mainland...............
Taiwan................
Hong Kong............
India...................
Indonesia...............
Israel...............
Japan...................
Korea................
Lebanon..............
Malaysia'.............
Pakistan................
Philippines...........
Singapore...............
Syria...................
Thailand................
Oil-exporting countries 2/
Other Asia............
15,082
19,274
123
1,025
625
126
369
387
10,219
390
117
n.a.
n.a.
700
256
26
252
7,355
470
48
990
895
648
340
392
14,387
438
140
n.a.
n.a.
628
280
35
277
9,360
945
53
1,013
1,096
975
410
559
14,646
602
144
157
253
697
295
16
264
8,979
390
Total Asia.,
202
574
371
20
298
29,017
46
1,377
1,242
839
348
432
19,987
778
185
126
205
626
377
19
294
6,360
435
49
1,415
1,381
905
575
453
20,033
793
147
191
229
597
418
14
356
6,921
390
31,988
57
1,344
1,201
850
439
469
21,452
752
152
154
207
581
352
19
283
6,391378
67
496
1,260
794
447
674
21,984
803
166
172
264
640
384
22
427
7,413
420
36,424
33.743
33,675
34,867
458
36
69
32
176
45
1,396
502
463
33
60
67
164
52
1,198
551
417
23
69
74
243
45
1,270
515
322
27
71
84
271
39
1,230
507
70
30
299
43
1,335
535
403
47
67
32
169
43
1,527
603
2,588
2,656
2,551
TTeST
2,891
1,060
133
913
204
990
226
Africa-
Egypt............. .
Ghana................ .
Liberia.............. .
Morocco.............. .
South Africa...........
Zaire................ .
Oil-exporting countries 3/
Other Africa..........
343
23
n.a.
68
170
63
2,240
469
333
27
n.a.
88
143
36
1,116
558
404
35
82
66
175
39
1,155
581
Total Africa.,
Wrey MTOfftoMa:
Australia....
All other....
2,014
114
Total other countries.,
2,128
Total foreign countries....
1,395
504
2,715
1,912
108
1,154
161
1,268
2C0
1,260
213
1,469
1,473
312
22
964
249
779
242
1,033
59
1,485
38
823
264
1,216
90,443
105,720
123,808
139,789
139,995
139,404
5,413
7
197
87
1
n.a.
5,150
22
271
243
26
n.a.
2,725
7
288
2,779
17
307
266
2,589
18
164
239
49
n.a.
2,157
14
447
5,206
5,710
3,256
3,060
2,832
3,416
,065
143,054
142,236
146,065
149,625
and regional:
International..........
European regional.......
Latin American regional..
Asian regional.........
African regional........
Middle Eastern regional..
Total international
and regional...........
Grand total..............
210
28
n.a.
111,430
96,147
Data in two columns shown for this date differ because of changes in
reporting coverage. Figures in the first column are comparable m
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date. (See
introductory text to Capital Movements Section for discussion of
changes in reporting.)
2/
3/
4/
*
p
200
14
1,789
16
809
248
13
866
266
3
22
2,236
152,564
160,402’
2,632
168,297
Through December 31, 1975, Suriname included with Netherlands Antilles.
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the
United Arab Emirates (Trucial States).
Includes Algeria, Gabon, Libyan and Nigeria.
Less than $500,000.
Preliminary.
n.a. Not available.
February 1979
99
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-4. - Total Liabilities by Type and Country, as of December 31, 1978
Preliminary
(Position in millions of dollars)
Total liabilities
Liabilities payable in dollars
To. foreign official
institutions and
unaffiliated foreign banks
Totals
Country
Total
Payable
m
dol
lars
Payable
in
foreign
cur
ren
cies
Banks'
own
lia
bili
ties
Short
term
U.S.
Treasury
obliga
tions
Deposits
liabil
ities
Demand
Time
Other
lia
bil
ities
Liabilities to
all other foreigners
Liabil
ities
Short
Deposits
to banks'
term
own for
U.S.
eign
Treasury
Time
offices
Demand
obliga
tions
(10)
(12)
Memo
randum
NegotiableCD' s held
for all
for
eigners
Other
'lia
bil
ities
(14)
(13)
(15)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
Switzerland....
Turkey........
United Kingdom..
U.S.S.R.......
Yugoslavia.....
Other Europe....
507
2,759
29
32
1,947
346
8,755
42
17,686
826
103
7,713
2,416
1,273
107
331
17
788
3,136
19,030
317
14,544
82
254
3.179
506
2,557
29
29
1,946
346
8,631
42
17,447
826
103
7,674
2,402
1,271
105
330
17
780
3,131
18,974
156
14,204
82
254
3.159
1
202
*
3
1
*
124
*
239
*
39
14
2
2
1
*
8
5
56
161
340
*
*
20
140
1,263
29
28
183
162
1,883
42
2,317
425
101
2,679
1,083
227
90
312
16
753
360
4,042
143
10,786
76
221
2.341
367
1,295
*
*
1,764
185
6,749
*
15,130
401
2
4,995
1,319
1,044
15
18
2
28
2,772
14,932
13
3,418
6
33
818
88
329
20
28
135
94
454
35
902
121
100
816
261
120
87
150
13
349
241
1,177
123
812
74
183
83
27
29
*
13
32
153
332
123
324
120
57
*
3
*
13
23
504
2
165
1
740
42
702
1,473
28
6,356
14,904
85
3,958
803
706
1
2,313
10,811
950
27
188
330
718
*
*
300
156
954
*
660
326
2
1,732
614
329
15
81
2
43
504
4,219
22
2,365
6
38
1.880
3
659
9
3
543
5
360
82
670
457
10
1
135
24
1,742
1
8,777
22
7
54
*
*
19
30
86
1
144
19
*
40
102
44
*
35
*
55
12
126
3
376
1
2
11
9
38
*
*
2
1
59
2
79
67
*
121
34
5
2
36
2
163
9
212
5
89
1
3
23
*
21
1
6
10
*
4
3
4
*
*
2
33
*
21
*
1
7
*
*
*
6
21
56
1
*
11
8
8
*
16
22
4
150
*
650
*
212
114
452
*
122
132
280
122
297
489
488
52
*
15
*
308
2,392
1
116
*
620
Total Europe............
86,221
85,003
1,218
29,700
55,304
6,796
2,661
43,345
15,295
13,501
1,166
962
105
1,172
5,999
Canada.....................
7,112
6,911
201
4,791
2,120
280
65
1,843
298
3,466
385
325
64
184
154
1,668
6,612
631
1,146
6,049
400
1,765
13
323
427
52
3,371
308
2,996
363
216
233
3,814
1,498
6,605
438
1,130
5,974
399
1,758
13
322
416
52
3,359
308
2,993
363
209
233
3,809
170
7
193
16
75
1
7
1
11
*
12
*
3
*
7
*
5
1,414
6,519
241
973
5,936
393
695
12
301
338
51
2,978
268
2,463
318
209
208
3,268
85
86
197
157
38
6
1,063
1
21
79
1
381
40
530
45
*
25
541
229
25
45
440
9
142
116
1
96
46
19
324
21
79
148
26
73
404
8
59
5
60
98
3
79
6
34
4
104
7
7
*
5
3
78
1
2
*
*
264
9
*
1
1
*
9
80
276
37
240
162
33
927
1
29
165
11
153
8
64
66
156
6
1,707
270
6,155
*
136
5,606
1
2
*
8
5
*
210
28
1,949
9
*
5
78
207
31
57
127
16
68
104
2
67
23
5
282
40
87
16
9
41
360
692
41
123
118
39
147
258
9
100
140
12
1,894
65
262
121
13
84
1,135
*
2
8
*
11
*
*
*
*
5
18
4
*
11
15
163
8
32
5
8
1
7
2
386
121
541
3
*
22
36
17
5
151
2
23
2
498
*
4
68
375
6
458
2
20
466
1,601
1,553
48
1,376
177
286
10
87
202
58
242
654
*
14
6
31.988
31,434
554
27,961
3,472
2,528
571
375
4,324
14,521
1,783
5,907
50
1,374
2,105
67
496
1,260
794
447
674
21,984
803
166
172
264
640
384
22
427
7,833
67
495
1,256
790
447
674
21,956
795
166
172
264
639
381
22
427
7,830
*
1
4
4
*
28
8
*
*
*
1
3
*
*
3
66
379
1,067
101
344
600
4,286
653
162
124
247
576
346
22
145
2,977
1
116
189
689
103
73
17,669
142
4
48
17
63
34
*
282
4,855
16
98
200
62
90
206
850
432
64
65
39
254
89
13
77
1,218
29
7
18
*
4
93
18
27
2
*
7
35
4
174
_
108
667
69
17,308
69
28
12
4
253
2,3601/
1
69
90
27
143
146
572
81
4
52
25
126
38
6
32
2,819
15
70
321
8
101
170
2,976
161
36
20
165
85
201
20
472
4
48
179
10
18
14
99
10
24
4
5
55
25
2
13
253
2
138
327
10
22
41
55
13
36
4
10
70
18
1
29
277
_
25
4
*
*
28
*
*
*
* 1>
*
40
9
5
*
4
51
2
*
*
1
10
7
1
3
259
59
7
*
*
35
16
22
*
3
34
10
22
1,213
36,434
36,380
54
12,095
24,286
3,771
417
20,879
4,231
4,820
762
1,050
58
393
1,422
(1)
Europe:
1
Austria..................
Belgium-Luxembourg........
Bulgaria.................
Czechoslovakia...........
Denmark..................
Finland..................
France...................
German Democratic Republic.
Germany..................
Greece................ .
Hungary..................
Italy....................
Netherlands..............
Norway...................
Poland...................
Portugal.................
Romania..................
S p a m ....................
(9)
(11)
Latin America and Caribbean:
Argentina............. .
Bahamas............... .
Bermuda................
Brazil........... .
British West Indies.....
Chile..................
Colombia.............. .
Cuba.................. .
Ecuador............... .
Guatemala............. .
Jamaica............... ,
Mexico................ .
Netherlands Antilles....,
Panama................ .
Peru.................. .
Trinidad and Tobago.....
Uruguay............... ,
Venezuela.............
Other Latin America and
Caribbean...........
Total Latin America and
Caribbean...........
Asia:
China:
Mainland...,
Taiwan.....
Hong Kong....
India.......
Indonesia....
Israel......
Japan.......
Korea.......
Lebanon.....
Malaysia.....
Pakistan.....
Philippines...
Singapore....
Syria.......
Thailand....
Other Asia....
Total Asia....
Africa:
Ghana.......
Liberia.....
Morocco.....
South Africa..
Zaire........
Other Africa..
403
47
67
32
169
43
2.131
403
47
67
32
168
43
2.126
*
*
1
5
360
34
51
31
il'l
32
1.177
43
13
16
1
57
11
949
231
5
15
24
77
24
651
1
*
1
83
Total Africa.,
2,891
2,886
5
1,798
1,089
1,027
85
Other countries:
Australia.
All other.
779
242
772
239
6
3
287
225
485
13
80
145
10
4
1,019
1,011
8
512
498
165,665 163,625
2,040
76,857
86,769
*
15
*
*
749
34
61
67
5
*
737
4
746
197
17
“
Egypt......
Total other countries....,
Total foreign countries.... .
225
14,627*
38
13
54
10
939l>
.. M M
448
6
10
*
3
8
4
63
8
6
18
2
10
2
65
7
7
18
1
14
1
49
*
2
10
*
*
400
89
112
99
1
20
10
100
14
83
38
28
11
19
16
*
4
4
1
11
*
3
14
1
14
454
113
122
38
35
4
5
12
3,813
67,950?
24*662
36,518
4,246
8,379
-282
3,148
9,702
25
7
20
38
*
*
162
3
19
17.
“
1,007
2
760
222
—
~
*
*
*
*
”
2
1
*
1
*
”
International.
European regional......
Latin American regional.
Asian regional....... .... .i
African regional.......
Middle Eastern regional,
1,485
38
823
264
22
*
1,485
38
808
264
22
*
Total international
and regional....... .
2,632
2,617
15
916
1,701
329
90
201
1,992
168,297 166,242
2,055
77,773
88,469
14,956
3,903
68,151
26,654
_
«•
~
36,518
i
1/ U.S. Treasury bills and certificates _held in custody for the account
of oil- exporting countries in "Other Asia" and "Other Africa"
_
106
15
2
3
2
272
_
1
*
_ 1/
International and regional:
289
26
8
2
5
*
_
amounted to $3,190 million.
Less than $500,000.
.
"
_
“ j
274
722
197
“
*
4
-
-
1,193
4,246
8,384
282
3,148
10,895
Treasury Bulletin
100
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-H-1. - Total Claims by Type
(OLD SERIES)
_________________ (In millions of dollars)________________
Payable in dollars
Payable in foreign currencies
Loans
End of
calendar
year
or month.
Total
claims
Total
Total
(1)
(2)
1968................. '12,278
11,813
1969 1/.............. f 12,828
\12,930
12,295
12,397
(3)
6,323
6,087
6,084
Official
insti
tutions
Banks
Other
for
eigners
ColieO b
Accept
tions
ances
out
made for
standing
account
for
account of of for
reporting eigners
banks and
domestic
customers('J
(8)
Other
claims
(9)
Total
(10)
Deposits
of
reporting
banks and
domestic
customers
with for
eigners
(11)
Other
claims
(12)
(5)
(6)
775
1,934
3,614
1,733
2,854
903
466
336
129
764
764
2,155
2,152
3,169
3,169
1,954
2,015
3,169
3,202
1,084
1,096
534
534
352
352
181
181
(4)
13,877
13,242
5,749
623
1,956
3,170
2,389
3,985
1,118
635
352
283
1971 1 / £ / , ........... f 16,837
\ 16,939
15,973
16,022
7,848
7,314
798
806
2,928 2,/ 4,122
2,395 2/ 4,113
2,475
2,475
4,243
4,254
1,407 2/
1,979 2/
864
917
549
548
315
369
1972 1/.............. I 20,425
t 20,739
19,539
19,853
10,213
10,259
996
1,007
3,405
3,400
5,811
5,852
3,269
3,276
3,204
3,226
2,853
3,092
886
886
441
441
445
445
26,719
46,235
59,767
81,135
92,562
25,985
44,958
58,307
79,302
90,205
13,106
17,777
21,516
28,308
30,631
1,444
1,709
1,989
2,885
2,961
5,129
8,263
9,202
13,406
15,367
6,532
7,805
10,324
12,018
12,302
4,307
5,637
5,467
5,756
6,176
4,160
11,237
11,147
12,358
14,212
4,413
10,307
20,178
32,878
39,187
734
1,276
1,458
1,833
2,355
428
669
656
1,103
941
306
607
802
730
1,415
1977-Apr............
May.............
78,210
80,476
82,033
76,283
78,510
80,065
26,799
27,065
26,590
2,409
2,663
2,662
12,702
13,002
12,532
11,687
11,401
11,396
6,339
6,317
6,417
12,991
13,087
13,209
30,154
32,041
33,848
1,927
1,966
1,968
958
864
834
969
1,101
1,133
July...........
Aug............
Sept....*.......
81,874
81,085
83,812
86,507
87,357
92,562
80,039
78,970
81,869
84,300
85,270
90,205
27,921
27,284
28,997
28,969
28,183
30,631
2,536
2,759
2,792
2,896
2,889
2,961
13,829
12,967
14,310
13,961
13,665
15,367
11,556
11,558
11,894
12,112
11,629
12,302
6,352
6,200
6,025
6,005
6,045
6,176
13,478
13,610
13,698
13,768
13,462
14,212
32,288
31,877
33,149
35,557
37,580
39,187
1,835
2,114
1,944
2,207
2,086
2,355
794
1,006
818
900
841
941
1,041
1,109
1,126
1,307
1,246
1,415
94,246
93,357
98,832
98,197
91,874
91,040
96,449
95,876
29,306
29,346
32,498
32,335
3,037
3,079
3,003
3,311
13,922
14,115
16,949
16,596
12,346
12,151
12,546
12,428
6,342
6,446
6,765
6,910
13,592
13,689
13,892
13,783
42,634
41,559
43,293
42,847
2,371
2,317
2,383
2,321
940
895
948
1,034
1,432
1,422
1,435
1,288
1976.,...............
Nov............
Dec..... .
1978-Jan....... .
Feb............
Mar............
Note:
Total claims include claims previously classified as either
"short-term" or "long-term" on the Treasury reports filed by banks.
A monthly maturity breakdown was discontinued with new reports
filed as of April 30, 1978, and the historical series has been
adjusted accordingly. (See .introductory text to Capital Movements
Section for discussion of changes in reporting forms and coverage.)
1/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
2/ Data on the second line differ from those on the first line because
those claims of U.S. banks on their foreign branches and those ni»-tn»«
of the U.S. agencies and branches of foreign banks on their head
offices and forexgn branches which were previously reported as loans
are included m "Other claims"; and a number of reporting banks are
included in the series for the first time.
101
February 1979
____________________ CAPITAL MOVEMENTS______________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-2. - Total Claims by Type
(NEW SERIES)
(In millions of dollars)
Payable in foreign currencies
Payablem dollars
End of calendar year
or quarter-end month
Total claims
(1)
1978-June............... ......
99,769
107,328
Notes
p
Total
Banks'
own claims
(2)
(3)
95,807
103,339
86,835
94,273
See introductory text to Capital Movements Section for discussion
of changes in reporting forms and coverage for new quarterly data
filed as of June 30, 1978.
Preliminary
Claims of
banks'
domestic
customers
(4)
8,972
9,116
Total
Banks'
own claims
(5)
<6)
Claims
banks'
domestic
customers
(7)
3,962
3,153
809
3,939
3,493
446
102
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-3. - Total Claims by Country
(Position at end of period in millions of dollars)
Calendar year
Sept. p
Sept.
Europe*
Austria.................
Belgium-Luxembourg.......
Bulgaria................
Czechoslovakia..........
Denmark.................
Finland.................
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania.................
Spain...................
Sweden..................
Switzerland.............
Turkey..................
United Kingdom.........
U.S.S.R.................
Yugoslavia..............
Other Europe............
Total Europe.
Canada....................
Latin America and Caribbean.
Argentina..............
Bahamas................
Bermuda................
Brazil.................
British West Indies.....
Chile..................
Colombia...............
Cuba...................
Ecuador................
Guatemala..............
Jamaica................
Mexico.................
Netherlands Antilles 1/..
Panama.............
Peru...................
Trinidad and Tobago.....
Uruguay................
Venezuela..............
Other Latin America and
Caribbean............
Total Latin America and
Caribbean...........
Asia:
CKina:
Mainland............
Taiwan......... .
Hong Kong............ .
India..................
Indonesia.............
Israel............... .
Japan................ .
Korea................ .
Lebanon.............. .
Malaysia............. .
Pakistan............. .
Philippines.......... .
Singapore............ .
Syria................ .
Thailand............. .
Oil-exporting countries £/.
Other Asia........... .
Total Asia.,
Africa*
Egypt.
Liberia.............. .
Morocco..............
South Africa......... ,
Zaire................ ,
Oil-exporting countries ^/.
Other Africa.........
Total Africa.,
Other countries:
Australia.
AL1 other.... .
43
397
n.a.
n.a.
96
147
864
n.a.
672
262
n.a.
441
381
180
n.a.
28
n.a.
317
209
342
98
2,909
224
133
419
38'
369
n.a.
n.a.
109
181
1,645
n.a.
479
290
n.a.
461
346
134
n.a.
67
673
n.a,
n.a.
150
206
1,643
n.a.
611
280
n.a.
1,034
337
139
n.a.
31
88
n.a.
435
205
244
174
5,339
406
213
592
n.a.
755
492
280
7,138
495
236
701
136
588
n.a.
n.a.
194
170
1,818
n.a.
711
258
n.a.
1,172
487
134
315
182
n.a.
751
203
706
421
7,754
501
288
288
8,163
11,691
15,548
17,078
18,929
19,580
21,211
3,277
3,371
3,686
3,856
4,163
4,835
5,079
882
3,430
91
2,258
947
446
777
14
170
n.a.
n.a.
2,673
n.a.
582
628
27
65
948
1,378
7,613
104
3,387
1,464
494
752
14
252
n.a.
n.a.
3,784
n.a.
1,144
807
31
57
1,336
1,192
15,493
150
4,902
5,082
598
676
13
375
n.a.
n.a.
4,844
140
1,374
935
35
45
1,850
1,176
15,800
164
4,614
6,080
557
634
13
466
n.a.
n.a.
5,204
177
1,203
971
47
59
2,092
1,479
19,919
232
4,665
6,633
680
678
1,642
22,813
196
4,836
6,993
710
598
3
546
n.a.
n.a.
4,846
1,733
19,154
154
4,899
7,593
818
680
3
612
1,054
1,383
1,422
1,259
1,352
14,992
24,000
39,127
40,516
46,159
39
694
270
56
228
501
12,777
1,058
71
n.a.
n.a.
507
153
23
1,054
295
58
246
721
11,072
1,791
77
27
1,650
451
81
218
471
9,700
2,280
38
177
107
653
350
14
646
1,500
221
92
838
n.a.
n.a.
172
191
2,383
n.a.
911
124
948
54
n.a.
1,192
514
186
362
155
n.a.
749
181
828
345
9,308
370
320
271
167
205
2,467
61
1,029
243
40
1,222
489
239
364
149
61
877
265
912
387
9,888
411
427
173
113
1,233
50
5
160
241
3,409
45
1,039
195
31
1,180
501
282
414
114
52
905
374
1,082
390
10,376
466
387
161
23,204
212
8
v-----
10
519
n.a.
n.a.
4,922
229
1,415
962
48
80
2,336
10
520
744
322
120
17,845
17,852
19,576
18,484
19,538
123
135
17
n.a.
28
1,005
143
119
34
227
43
1,129
98
10
12
n.a.
9
695
181
382
572
1,221
590
139
46,227
22
524
550
217
61
1,077
108
538
362
1,975
2,371
2,529
708
136
610
177
1,071
112
59,733
1,504
50,115
48,217
53,267
18
1,611
817
94
207
477
11,190
2,425
85
139
115
702
836
495
10,592
2,095
53
135
130
662
580
64
657
2,231
127
477
714
288
126
1,380
12
12
n.a.
19
403
136
176
351
1,566
221
1,705
920
53
65
2,402
1,657
617
99
1,721
550
55
232
589
10,087
2,341
78
127
132
596
476
30
634
1,769
109
534
384
2,542
1,873
20,393
143
5,678
9,237
785
791
3
704
96
53
5,219
254
2,365
986
51
67
3,062
12
5
1,345
326
70
218
760
11,379
1,982
46
n.a.
n.a.
719
425
32
442
1,459
369
101
62
5,234
235
1,950
953
47
66
10
734
1,870
115
1,518
727
94
216
569
11,197
2,058
51
148
158
791
747
17
658
1,991
130
20,410
21,457
21,078
107
37
257
39
1,228
74
23
237
46
1,252
106
515
372
74
23
241
45
1,238
105
564
401
202
101
495
430
22
2,695
921
187
896
218
906
199
1,006
202
1,273
1,108
1,114
1,105
1,207
81,095
83,735
92,481
98,749
99,698
26
60
6
2
12
Total other countries....
Total foreign countries....
75
817
n.a.
n.a.
179
174
2,137
n.a.
758
208
n.a.
1,367
379
164
356
175
n.a.
736
227
656
385
9,080
413
323
320
200
Brtwrofttenrtr ana rested:
International..........
European regional.......
Latin American regional..
Asian regional.........
African regional........
Middle Eastern regional..
7
65
72
1
12
1
2
5
10
Total international
and regional...........
46,234
59,766
81,135
1/ Through December 31, 1975, Suriname included with Netherlands 4
~2j Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the
United Arab Emirates (Trucial States).
92,561
98,832
3/ Includes Algeria, Gabon, Libya, and Nigeria,
p Preliminary.
* Less than $500,000.
n.a.
Not available.
107,328
February 1979
•
103
-------- --------------------------- CAPITAL MOVEMENTS___________________________________ ___■___
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-4. - Total Claims on Foreigners by Type and Country Reported by Banks in the U.S. as of September 30, 1978
(Position m millions of dollars)
Claims of banks' domestic customers
Reporting banks' own claims
Country
Total
claims '
Total
banks'
own
xoreign
public borrowers and
unaffil iated
foreigners
One year
or less
<3)
Memorandum
On own
foreign
offices
Total
claims
payable
m foreign
currencies
(5)
(6)
(7)
(8)
(9)
Customer
liability
on accept
ances
Total
More than
one year
Payable
Payable
in
dollars
currencies
(10)
(1)
(2)
113
1,233
50
5
160
241
3,409
45
1,039
195
31
1,180
501
282
414
114
52
905
374
1,082
390
10,376
466
387
161
105
1,169
50
2
149
222
2,900
44
895
129
30
1,053
428
268
405
99
49
799
339
1,000
344
8,154
389
325
136
76
443
24
1
99
155
1,215
11
534
51
17
813
228
173
153
61
12
340
277
489
290
4,731
68
46
78
6
31
25
1
37
65
558
33
83
68
13
60
30
91
251
38
34
375
52
15
15
646
302
260
14
14
472
11
1,012
*
125
7
140
120
50
*
367
*
2,435
37
10
222
1
*
3
1
115
1
152
3
40
49
5
1
*
2
35
10
129
39
341
19
19
8
19
10
*
11
87
81
1
59
1
169
51
59
89
19
*
79
6
47
103
290
*
1
7
7
64
*
3
11
19
509
1
145
66
1
127
73
13
9
15
3
106
34
82
47
2,222
77
62
24
6
55
*
3
10
19
504
1
88
66
1
125
69
13
9
15
3
105
33
75
47
2,188
77
61
24
1
9
*
1
*
5
*
56
*
2
4
*
*
1
1
7
*
34
*
*
*
23,204
19,484
10,386
3,104
4,790
1,205
1,188
3,720
3,597
123
5,797
4,094
1,943
793
706
652
37
1,703
1,437
265
1,873
20,393
143
5,678
9,237
785
791
3
704
96
53
5,219
254
2,365
986
51
67
3,062
1,702
20,230
141
5,259
9,189
740
739
1
647
80
46
5,025
236
2,314
969
32
52
2,790
980
3,348
125
2,814
1,669
501
596
*
497
45
30
2,542
94
1,292
822
16
44
2,138
589
40
13
1,924
8
236
120
*
134
26
10
2,411
128
175
138
15
5
602
122
16,533
2
341
7,081
2
13
*
15
8
5
40
7
802
5
1
2
5
12
309
1
180
431
*
11
2
*
1
32
6
44
3
*
*
. 45
124
10
26
873
3
183
75
65
14
6
178
1
63
96
1
4
71
171
163
3
420
48
45
52
2
57
16
7
194
18
51
17
19
16
272
168
163
3
410
48
44
51
2
55
16
7
192
18
50
17
19
15
269
3
1
*
10
*
*
1
*
2
*
*
2
*
1
*
*
1
4
1,504
1,342
964
268
99
10
348
162
161
2
53,267
51,533
18,518
6,843
25,085
1,087
2,143
1,735
1,707
27
Thailand.................
10
1,518
727
94
216
569
11,197
2,058
51
148
158
791
747
17
658
9
1,257
699
80
158
543
10,412
1,927
35
136
154
735
715
9
639
6
1,001
356
38
63
324
7,390
1,724
27
33
31
600
224
9
511
2
166
54
14
85
191
286
151
7
34
4
86
24
*
19
*
73
280
25
4
28
2,408
47
1
65
119
43
463
100
1
17
9
4
6
*
329
4
*
3
*
6
5
9
753
208
12
5
169
4,662
1,373
5
21
7
322
45
*
345
*
260
28
14
58
26
785
131
16
12
4
56
31
8
19
*
260
27
13
58
26
776
131
16
12
4
56
31
8
19
*
1
1
*
*
8
*
*
*
*
*
*
2,121
1,756
1,377
181
176
23
396
365
363
2
Total Asia...............
21,078
19,265
13,712
1,305
3,832
417
8,323
1,813
1,801
12
74
23
241
45
1,238
105
67
9
228
40
1,067
87
64
8
62
27
903
24
2
*
163
11
99
58
*
*
1
2
45
5
13
8
9
602
*
8
14
14
5
171
18
8
14
14
5
158
18
*
*
*
13
-
-rr <4)
Europe.
German Democratic Republic.
Hungary..................
Italy....................
Netherlands..............
Sweden...................
United Kingdom...........
Latin America and Caribbean
Argentina................
Bermuda..................
British West Indies.......
Chile....................
Peru.....................
Other Latin America and
Total L a t m America and
Caribbean................
Asia.
China:
Hong Kong................
India....................
Korea....................
Lebanon..................
Philippines..............
Africa
Egypt....................
Morocco..................
South Africa.............
*■
1
*
20
*
965
723
446
244
24
9
83
243
241
1
2,691
2,220
1,535
577
46
62
716
471
458
14
1,006
200
917
172
507
77
136
43
251
48
24
3
325
16
89
28
85
27
4
1
Other goiffltrifis:
All other................
1,207
1,089
584
179
299
27
341
118
113
5
107,245
97,685
46,677
12,800
34,757
3,451
12,747
9,559
9,113
446
European regional........
Latin American regional....
72
*
10
1
*
-
41
■
-
”
-
*
*
2
“
*
★
*
2
■
*
-
5
*
1
1
-
25
8
“
-
Middle Eastern regional....
72
*
8
1
"
83
80
7
33
41
“
3
3
*
107,328
97,766
46,684
12,832
3,492
12,747
9,562
9,116
446
Xfftemailtppal ana regional:
Less than $500,000.
“
'
Total international
*
“
34,757
Treasury Bulletin
104
f! apttat . MOVEMENTS_______________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-5. - Banks’ Own Claims, by Type
(Position in millions of dollars)
Payable in dollars
End of
calendar year
or quarter-end
month
Total
banks'
own
claims
(1)
39,988
97,766
p
Preliminary.
Claims on unaffiliated foreigners
Remaining Maturity
Claims
on own
foreign
offices
One year or less
Over one year
On foreign On all
On foreign Oh all
public
other
other
public
borrowers foreigners borrowers foreigners
(7)
(6)
(4)
(5)
(3)
(2)
8,283
2,919
40,763
3,162
31,707
55,127
3,928
8,904
34,757
43,044
59,516 * 3,640
Total
Payable in foreign currencies
Memorandum claims items
On unaffiliated
foreign banks
Deposits
Other
(8)
5,116
4,480
(9)
25,039
27,012
Customer
On all
liabili
other
foreigners ty on
accept
ances
(10)
19,123
20,390
(U)
11,995
12,747
Total
Deposits
Other
(12)
(13)
(14)
3,153
3,493
1,290
1,386
1,863
2,107
February 1979
105
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-6. - Banks’ Own Claims by Type and Country, Payable in Dollars, as of December 31, 1978
Preliminary
(Position in millions of dollars)
On foreign public
borrowers and unaffiliated
foreign banks
On banks'
foreign
offices
J iL
J*L
Europe*
Austria..................
Belgium-Luxembourg.......
Bulgaria................
Czechoslo vakia..........
Denmark........ ...... .
Finland.................
France..................
German Democratic Republic
Germany.......... ......
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway........... ......
Poland..................
Portugal................
Romania................ .
Spain...................
Sweden..................
Switzerland.............
Turkey................
United Kingdom........ .
U.S.S.R.................
Yugoslavia............
Other Europe............
144
816
58
147
1,198
62
1
1
242
305
3,690
56
900
164
32
1,506
675
299
387
171
93
1,100
537
1,282
273
10,080
364
363
178
185
234
2,262
50
493
74
30
1,107
306
138
380
106
71
503
420
583
164
6,290
320
223
107
5,140
2,898
2,258
21,096
189
6,147
9,160
962
990
1,439
2,845
41
3,837
2,014
621
684
1
2
354
28
4
15
42
71
267
3
148
82
*
1,161
3
259
9
2
181
189
218
180
161
7
65
140
457
116
149
109
737
45
140
40
22
551
*
3,053
30
Total Europe.,
Canada ......
On all
other
foreigners
3,097
........
L a t m America and Caribbean
Argentina..............
Bahamas................
Bermuda................
Brazil.................
British West Indies.....
Chile..................
Colombia...............
Cuba.................
Ecuador................
Guatemala..............
Jamaica................
Mexico.................
Netherlands Antilles 1/..
Panama.................
Peru...................
Trinidad and Tobago.....
Uruguay................
Venezuela..............
Other Latin America and
Caribbean............
Total Latin America and
Caribbean............
Asia
China:
Mainland...
Taiwan.....
Hong Kong..,,
India......
Indonesia...,
Israel......
Japan.......
Korea.......
Lebanon.....
Malaysia....,
Pakistan.
Philippines.,
Singapore...,
Syria.......
Thailand.
Other Asia..,
122
18,192
*
215
7,127
6
9
694
92
42
5,361
270
3,060
887
38
58
3,449
697
59
148
2,095
19
336
297
2
2
23
364
13
25
3,131
67
1,353
718
5
3
7
1,191
21
4
6
10
307
73
11
2,226
195
516
159
12
29
1,780
27
1,649
56,257
35
1,421
1,572
54
143
871
12,697
2,233
46
181
160
677
1,379
10
753
3,176
34
1,001
299
323
193
18
21
15
75
506
4,454
1,623
2
66
5
2,602
102
360
5,642
508
18
38
22
6
87
57
141
71
1,037
12
324
247
7
491
1,574
Total Asia.,
Africa
Egypt........
Ghana...... .
Liberia.......
Morocco......
South Africa.,
Zaire........
1,213
6
132
1,232
282
95
3
130
370
6,579
8,053
4
199
25
453
860
180
14
58
381
162
872
102
304
40
243
15
325
47
49,908
40,891
23,318
Other Africa.,
Total Africa.,
Other countriesi
Australia....
All other....
372
Total other countries.,
Total foreign countries....
InterMtaPnsJ. and reraaal*
European regional........
Latin American regional....
31
*
8
African regional..........
Middle Eastern regional....
18
-
-
Total international
and regional.....
Grand total.
*
Less than $500,000.
114,174
49,964
106
Treasury Bulletin
fiAPTTAT. M O V E M E N T S
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-7. - Domestic Customers’ Claims by Type
______________________position m minions,
End of calendar
year or quarterend month
Total
claims of
banks'
domestic
customers
(1)
1978-June.......
Sept.p.......
p Preliminary,
qi
aoiiarsi_________
Payable in dollars
9,782
9,562
Total
(2)
8,973
9,116
Deposits
(3)
389
500
Payable in foreign currencies
Negotiable
and readily
transferable
instruments
Collections
and
other
Total
Deposits
Other
(4)
(5)
(6)
(7)
(8)
3,694
3,724
4,889
4,892
809
446
250
89
559
357
February 1979
107
.CAPITAL MOVEMENTS.
Section III - Supplementary Liabilities and Claims Data Reported by Banks in the United States
Table CM-III-1. - Dollar Liabilities to, and Dollar Claims on,
Foreigners in Countries and Areas Not Regularly Reported Separately
...
,
...... (Position fit end-flf perigd In millipns gf doVlars).,_______ __________
Total liabilities
______________
Total banks' own claims
Country
December 1977
"Other Europe11
Cyprus..................
Iceland.................
Ireland.................
Monaco..................
"Other Latin America and
carffihftart,
Barbados....................
Belize....... ...........
Bolivia.................
Costa Rica..... *.......
Dominican Republic........
El Salvador..............
French West Indies and
French Guiana...........
Guyana..................
Haiti...................
Honduras.................
Nicaragua................
Paraguay................ .
Suriname.................
"Other Asia"
Afghanistan............. .
Bangladesh...............
Brunei..................
Burma...................
Cambodia.................
Jordan..................
Macao...................
Nepal...................
Sri Lanka............... .
Vietnam................. .
Yemen (Aden)............ .
Yemen (Sana).............
"Other Africa"
Angola...................
Burundi................. .
Cameroon................ .
Ethiopia, including Eritrea,
Guinea...................
Ivory Coast............. .
Kenya...................
Madagascar..............
Mauritania..............
Mauritius............... .
Mozambique.............. .
Niger.................. .
Rwanda...................
Sudan.................. .
Tanzania................
Tunisia................. ,
Uganda...................
Zambia.................. .
" m .ftttac!!.
New Hebrides............ .
New Zealand............. .
Papua New Guinea.........
U.S. Trust Territory of
the Pacific Islands ....
June
1978
December 1977 1/
June 1978
62
19
251
34
n.a.
26
106
42
3
10
52
n.a.
13
7
157
175
227
6
6
169
195
286
239
192
175
184
129
15
27
57
152
165
59
14
12
21
67
168
159
68
17
112
94
39
n.a.
326
51
4
31
5
49
26
59
11
16
38
44
7
42
11
13
6
118
308
43
2
n.a.
12
n.a.
n.a.
21
6
36
23
55
11
18
n.a.
n.a.
n.a.
39
46
18
17
11
30
5
5
30
46
29
30
22
37
7
36
44
10
4
n.a.
26
7
4
22
36
26
13
30
n.a.
6
4
n.a.
26
16
1
5
13
3
*
n.a.
53
10
15
n.a.
66
12
80
18
26
123
12
56
100
4
X1
26
Note: Data represent a partial breakdown of the amounts shown for the
corresponding dates for the "Other" geographical categories in the
regular monthly series in the Treasury Bulletin.
1/ Data not available prior to June 1978.
n.a. Not available
*
Less than $500,000.
Treasury Bulletin
108
CAPITAL unviiM iiO TS
Section IV - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-1. - Liabilities by Type
(In millions of dollars)
Short-term liabilities
End of
calendar year
or quarter-end
month 1/
Total
liabilities
(1)
1969 2/....................
fV.
Total
(2)
Payable in
dollars
(3)
Payable in
foreign
currencies
(4)
Long-term
liabilities
(5)
2,737
1,608
1,225
382
1,129
3,511
4,428
5,780
1,786
2,124
387
471
2,677
1,399
1,654
2,181
496
1,725
2,304
3,102
1971 2 J .......................
f
V.
5,863
5,901
2,704
2,763
2,229
2,301
475
463
3,159
3,138
1972 2 J .......................
f
6,659
7,017
3,119
3,414
2,635
2,948
484
466
3,540
3,603
7,899
4,012
3,300
9,799
5,922
5,022
713
900
3,877
10,345
6,018
5,414
605
4,327
10,099r
6,577r
5,868r
709
3,522r
1977-Sept.....................
10,574r
ll,085r
7,243r
7,910r
6,386r
7,109r
857
801
1978-Mar......................
June............ ...... .
ll,5l0r
11,870
12,767
8,361r
8,792
9,645
7,477r
7,967
8,794
884
825
851
3,331r
3,175r
3,149r
3,077
3,122
Note:
1/
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.
Data are shown for calendar year ends and for most recent five
quarter ends for which figures are available.
3,886
%/ Data on the two lines shown for this date differ because ot changes
in reporting coverage. Figures on the first line are compaxdble in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date,
p
Preliminary, r Revised.
February 1979
109
.CAPITAL MOVEMENTS.
Section IV - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-2. - Short-Term Liabilities by Country
(Position at end of period m
Calendar year
millions of dollars)
1977
1978
Country
1972
1974
1973
1975
1976
Sept.
Dec.
Mar.
June
Sept. p
Austria................
Belgium-Luxembourg.....
Bulgaria..... .........
Czechoslo vakia.........
Denmark.......... .
Finland...............
France.......... .
German Democratic Republic.
Germany...............
Greece................
Hungary................
Italy.................
Netherlands...........
Norway..........
Poland.................
Portugal..............
Romania...............
Spain......... .
Sweden,...............
Switzerland.... .......
Turkey................
United Kingdom.........
U.S.S.R...............
Yugoslavia..... .......
Other Europe..........
2
88
n.a.
n.a.
7
4
150
n.a.
162
15
n.a.
103
108
14
n.a.
4
n.a.
77
13
105
4
1,118
*
7
5
3
139
n.a.
n.a.
9
7
140
n.a.
232
40
n.a.
98
125
9
n.a.
13
n.a.
75
48
102
10
961
9
16
28
20
524
n.a.
n.a.
24
16
203
n.a.
313
39
n.a.
124
117
9
n.a.
19
n.a.
56
41
138
8
1,261
48
40
21
14
299
n.a.
n.a.
9
3
149
n.a.
149
19
n.a.
172
114
20
n.a.
4
n.a.
81
29
134
25
1,007
20
76
19
15
174
n.a.
n.a.
7
2
199
n.a.
174
48
n.a.
131
144
12
n.a.
13
n.a.
40
34
190
13
894r
9
123
19
19
126
n.a.
n.a.
16
11
170
n.a.
226
78
n.a.
107
180
12
6
12
n.a.
74
41
257
97
765r
11
92
17
21
116
n.a.
n.a.
14
9
238
n.a.
284
85
n.a.
128
232
7
4
11
n.a.
77
28
263
108
735r
24
90
18
26
171
n.a.
n.a.
23
12
273
n.a.
335
108
n.a.
104
253
9
2
7
n.a.
94
37
211r
93
937r
15
82
28
26
167
*
*
22
3
302
1
356
82
*
156
220
18
2
25
14
105
38
282
92
962
19
84
18
33
165
1
1
17
4
260
1
391
71
*
188
222
23
3
11
20
110
51
308
102
1,058
27
76
17
Total Europe,
1,986
2,063
3,021
2,343
2,241r
2,317r
2,491r
2,820r
2,993 ,
3.159
215
263
307
309
400
451
504
530
524
566
19
396
n.a.
35
n.a.
9
7
1
n.a.
n.a.
n.a.
26
10
18
4
n.a.
7
17
24
428
n.a.
64
n.a.
12
9
*
n.a.
n.a.
n.a.
46
6
13
15
n.a.
2
36
38
374
n.a.
118
n.a.
22
14
*
n.a.
n.a.
n.a.
60
26
21
14
n.a.
2
49
45
277
n.a.
102
n.a.
14
17
*
n.a.
n.a.
n.a.
82
35
16
29
n.a.
3
98
44
281r
n.a.
72
n.a.
17
13
*
n.a.
n.a.
n.a.
102
10
34
25
n.a.
4
219
50
248r
28
76
124
13
24
*
13
n.a.
n.a.
103
9
12
13
19
4
210r
40
329r
43
49
164
17
42
*
10
n.a.
n.a.
114
25
22
15
14
3
216r
53
327r
66
62
181
14
26
*
15
n.a.
n.a.
169
41
12
22
13
5
264r
74
321
104
63
177
23
42
*
19
7
10
185
30
71
17
3
9
185
131
353
83
87
111
14
42
*
31
7
12
235
19
59
19
18
7
232
43
73
185
213
241
78
72
593
728
922
931
l,061r
32
26
12
7
15
19
225
21
n.a.
n.a.
n.a,
16
n.a.
n.a.
5
42
34
41
14
14
25
295
37
n.a.
n.a.
n.a.
17
n.a.
n.a.
6
17
92
19
7
60
50
347
75
n.a.
n.a.
n.a.
25
n.a.
n.a.
10
1
96
17
7
136
31
277
68
n.a.
n.a.
n.a.
14
n.a.
n.a.
18
1
110
40
23
98
37
193
70
n.a.
n.a.
n.a.
53
n.a.
n.a.
24
102
183
536
1,031
l,335r
480
708
1,237
1,695
l,984r
2,583r
25
n.a.
n.a.
3
8
1
10
n.a.
n.a.
15
14
19
3
n.a.
n.a.
14
43
18
37n.a.
n.a.
10
100
6
27
n.a.
n.a.
45
54
36
Canada................
Htttn Awsrtaa an4 gwrfttom:
Argentina............
Bahamas 1/ ..........
Bermuda.7........... .
Brazil...............
British West Indies....
Chile...............
Colombia.............
Cuba................
Ecuador.............
Guatemala............
Jamaica.......... .
Mexico..............
Netherlands Antilles i f . .
Panama........... 7...
Peru................
Trinidad and Tobago....
Uruguay..............
Venezuela............
Other Latin America and
Caribbean...........
91
95
81
!
Total Latin America and
Caribbean..........
Asia:
China:
Mainland...........
Taiwan.............
Hong Kong...... .
India................
Indonesia............
Israel...............
Japan................
Korea................
Lebanon.... ..........
Malaysia.............
Pakistan..............
Philippines..........
Singapore............
Syria................
Thailand.............
^
Oil-exporting countries 3/.
Other Asia........... ~
J
Total Asia.,
Africa:
Egypt.............
Ghana..............
Liberia.............
Morocco............
South Africa...... .
Zaire.,............
Oil-exporting countries 4/.
Other Africa........ ”
1.038r
1
152
25
44
60
58
604
75
3
23
3
78
46
11
r
r
/
V
1-532
— U2S2S____
8
156
40
37
56
63
695
103
2
16
3
74
69
5
17
l,484r
10
1
167
32
26
57
68
761
99
2
12
4
95
76
5
11
l,384r
15
1
170
30
10
59
59
807
107
3
29
18
107
85
4
27
1,474
18
4
176
61
23
49
68
865
103
8
20
18
157
167
11
43
1,713
31
2,835r
2,814r
3,008
3,517
45
4
5
105
29
48
308
45
13
4
6
112
20
46
320r
51
19
4
6
130
30
55
309r
41
25
8
4
148
36
57
279
48
34
3
4
145
34
56
332
52
17
7
f l,376r
V
1.201r
110
112
239
444
Total Africa.,
59
96
168
190
391
606
588
571
594r
603
661
Australia....
All other....
30
14
71
12
56
30
57
17
59
19
93
18
75
18
89
14
97
14
72
14
J
Total other countries,...
44
82
86
74
Total foreign countries....
3,414
4,012
5,764
5,743
6,369r
7,089r
7,695r
8,214r
*
n.a.
*
158
Middle Eastern regional..
*
*
*
n.a.
n.a.
276
n.a.
208
n.a.
*
154
n.a.
*
215
n.a.
*
147
n.a.
Total international
and regional..... .....
*
*
158
276
3,414
4,012
5,922
6,018
International and regional:
International.........
European regional.... .
Latin American regional..
Asian regional........
African regional...... .
1/
2/
3/
Through December 31, 1972, Bermuda included with Bahamas.
Through December 31, 1975, Suriname included with Netherlands Antilles.
Includes Bahrain, Iran Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and
the United Arab Emirates (Trucial States).
77
111
93
208
154
215
6,577r
7,243r
7,910r
104
147
8,361r
4/ Includes Algeria, Gabon, Libya, and Nigeria,
*
Less than $500,000.
p
Preliminary,
n.a. Not available,
r
Revised.
111
85
8,661
9,521
*
132
.
*
125
.
-
132
125
8,792
9,645
110
Treasury Bulletin
_______________________________CAPITAL.MOVEMENTS,____________________________
Section IV - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-3. - Short-Term Liabilities, by Type and Country, as of September 30, 1978
Preliminary
(Position in millions of dollars)
Payable in
dollars
Total
Short-term
liabilities
Courtry
Payable in
foreign
currencies
(1)
(2)
(3)
33
165
1
1
17
4
260
1
391
71
*
188
222
23
3
11
20
110
51
308
102
1,058
27
76
17
28
143
1
1
16
4
232
1
332
70
*
172
202
22
2
11
20
86
50
206
101
995
26
76
15
5
22
*
*
1
*
28
*
59
1
*
16
20
1
*
*
*
24
1
102
1
63
*
1
2
3,159
2,814
345
Europe:
German Democratic Republic.
Italy....................
566
382
184
131
353
83
87
111
14
42
*
31
7
12
235
19
59
19
18
7
232
131
245
83
84
97
14
41
*
31
6
11
230
18
58
19
16
7
227
1
107
*
4
14
*
1
*
*
*
1
4
*
*
*
1
*
6
72
70
2
1,532
1,389
143
4
176
61
23
49
68
865
103
8
20
18
157
167
11
43
4
175
60
22
47
67
793
102
8
20
18
156
166
11
42
*
2
1
2
1
1
72
1
*
*
*
1
1
*
*
LatiuAmerica and Caribbean..
Chile....................
Netherlands Antilles
....
Trinidad and Tobago.......
Other Latin America and
Total Latin America and
Asia:
China:
India....................
Malaysia.................
Philippines..............
Africa;
Egypt....................
Morocco..................
1,744
1,659
85
3,517
3,349
168
34
3
4
145
34
56
33
3
4
145
34
53
2
*
*
1
1
3
384
Total Africa.............
otter
381
3
661
'
652
9
72
14
70
12
1
2
85
.................."9,521
ftrternaUonal
mtonal:
Latin American regional....
*
125
“
”
............ ..
82
3
8,669
851
*
125
_
*
”
“
”
“
“
Middle Eastern regional....
Total international
*
Less than $500,000.
125
125
9,645
8,794
851
February 1979
111
.CAPITAL MOVEMENTS.
Section IV - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-4. - Long-Term Liabilities by Country
(Position at end of period xn millions of dollars)
Calendar year
Country
1972
Europe:
Austria.................
Belgium-Luxembourg.......
Bulgaria................
Czechoslo vakia..........
Denmark.................
Finland.................
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania.................
Spain...................
Sweden...... ............
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
Total Europe.,
Canada.........
L a t m America and Caribbean.
Argentina..............
Bahamas if.............
Bermuda. 7..............
Brazil.................
British West Indies......
Chile..................
Colombia...............
Cuba...................
Ecuador................
Guatemala..............
Jamaica................
Mexico.................
Netherlands Antilles 2/..
Peru.................. .
Trinidad and Tobago....
Uruguay............... .
Venezuela............. .
Other Latin America and
Caribbean........... .
Total Latin America and
Caribbean............
Asia:
China:
Mainland............... .
Taiwan................ .
Hong Kong............
India................
Indonesia...............
Israel...............
Japan................
Korea................
Lebanon..............
Malaysia.............
Pakistan.............
Philippines...........
Singapore.............
Syria................
Thailand.............
Oil-exporting countries 3/
Other Asia............
1974
1975
1976
10
196
n.a.
n.a.
27
*
58
n.a.
506
1
n.a.
87
214
1
n.a.
*
n.a.
5
31
522
*
1,631
19
*
1
6
169
n.a.
n.a.
31
*
32r
n.a.
387r
1
n.a.
69
277
1
n.a.
*
n.a.
5
38
260
1
l,371r
16
*
1
5
174
n.a.
n.a.
27
*
38r
n.a.
407
1
n.a.
45
272
1
*
*
n.a.
6
32
224
2
l,237r
83
*
1
6
183r
n.a.
n.a.
24
*
38r
n.a.
255
1
n.a.
45
287
1
ie
ie
n.a.
5
32
241
2
l,222r
83
*
1
5
203r
n.a.
n.a.
25
*
46r
n.a.
295
1
n.a.
41
292
1
ie
*
n.a.
9
31
241
2
l,228r
78
*
1
5
194
*
*
22
*
44
ie
282
1
ie
40
266
1
*
*
*
8
31
236
2
1,214
76
*
*
5
177
*
*
23
*
47
1
290
1
*
39
275
1
*
1
*
9
30
246
2
1,253
71
1
1
2,613
2,706
3,032
3,309
2,663r
2,555r
2,425r
2,498r
2,422
2,471
94
104
100
155
87
67r
62r
58r
56
65
1
343
n.a.
1
n.a.
1
*
n.a.
n.a.
n.a.
1
18
11
1
n.a.
1
2
1
471
n.a.
1
n.a.
1
1
n.a.
n.a.
n.a.
3
5
4
*
n.a.
*
1
1
177
n.a.
1
238
n.a.
4
n.a.
1
1
1
n.a.
n.a.
n.a.
3
29
3
*
n.a.
*
2
1
160
n.a.
5
n.a.
1
1
n.a.
n.a.
n.a.
18
27
2
*
n.a.
*
2
1
151
2
7
52
1
1
*
n.a.
n.a.
30
29
2
ie
1
*
3
3
148
2
7
46
1
1
*
n.a.
n.a.
30
21
2
*
9
*
3
3
142
*
6
21
1
2
ie
n.a.
n.a.
27r
24
1
*
8
*
3
3
141
*
7
19
1
1
*
1
1
26
20
1
*
8
*
6
2
138
1
7
13
1
2
*
*
1
29
17
1
1
6
*
6
4
16
14
18
72
8
9
9
11
8
385
505
216
299
290
289
284
248r
248
234
*
*
1
*
*
6
490
*
n.a.
n.a.
n.a.
5
n.a.
n.a.
*
*
*
1
*
*
8
512
*
n.a.
n.a.
n.a.
6
n.a.
n.a.
*
*
*
1
*
*
3
367
*
n.a.
n.a.
n.a.
6
n.a.
n.a.
*
*
1
1
*
*
4
397
*
n.a.
n.a.
n.a.
7
n.a.
n.a.
*
*
1
1
2
82
87
9
1
3
*
*
4
305
*
*
*
*
1
*
1
27
*
1
3
*
*
4
250
*
*
*
*
1
1
1
23
*
1
3
*
*
4
255
*
*
*
*
1
1
1
24
*
1
4
*
*
4
254
*
*
*
*
1
1
1
21
*
1
503
531
460
496
423
284
290
289
*
n.a.
n.a.
*
6
~
*
n.a.
n.a.
*
4
"
*
n.a.
n.a.
*
*
*
*
n.a.
n.a.
*
1
*
1
1
2
1
n.a.
1
1
n.a.
n.a.
n.a.
7
7
*
n.a.
Total Africa.,
8
6
2
1
*
32
*
64
*
66
*
Total other countries....
2
33
65
66
Total foreign countries....,
3,603
3,886
3,877
4,327
International.......... .
European regional........
Latin American regional..,
Asian regional......... .
African regional.........
Middle Eastern regional..,
n.a.
*
n.a.
n.a.
Total international
and regional........... .
-
*
3,603
3,886
3J
Sept. p
June
1
266
n.a.
n.a.
29
*
24
n.a.
474
1
n.a.
144
218
1
n.a.
*
n.a.
5
30
590
*
1,236
9
*
1
Other countries:
Australia....
All other....
1/
2/
Mai.
*
175
n.a.
n.a.
36
*
31
n.a.
392
8
n.a.
150
219
2
n.a.
*
n.a.
4
5
572
*
1,112
*
*
*
n.a.
n.a.
*
*
)
Dec.
2
213
n.a.
n.a.
38
*
55
n.a.
361
20
n.a.
152
207
*
n.a.
*
n.a.
3
5
573
*
983
*
*
6
6
InteraatApnal
Sept.
*
5
397
*
n.a.
n.a.
n.a.
n.a.
n.a.
1
A
j
Total Asia.,
Africa:
Egypt................
Ghana................
Liberia..............
Morocco..............
South Africa.........
Zaire................
Oil-exporting countries tj.
Other Africa.........
1973
ie
1
2
*
*
5
319
*
*
*
*
1
*
*
1
f
28
(.
*
358
342
t
ie
*
*
ie
ie
*
*
*
*
*
*
★
1
*
*
ie
1
*
1
1
1
f
*
*
*
*
ie
1
ie
ie
1
V
2
1
3
2
2
2
3
57
1
58
1
59
1
59
1
59
1
60
1
58
*
*
1
★
1
59
60
60
60
61
3,077
3,122
*
n.a.
*
-
*
"
*
*
*
3,077
3,122
3,522r
3,331r
3,175r
3,149r
n.a.
n.a.
n.a.
n.a.
-
-
-
-
-
3,877
4,327
regional:
Through December 31, 1972, Bermuda included with Bahamas.
Through December 31, 1975, Suriname included with Netherlands
Antilles.
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and
the United Arab Emirates (Trucial States).
3,522r
3,331r
3,175r
3,149r
4/ Includes Algeria, Gabon, Libya, and Nigeria.
*
Less than $500,000.
p
Preliminary,
n.a. Not available,
r
Revised
Treasury Bulletin
112
.CAPITAL MOVEMENTS
Section V - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM- V-l. - Claims by Type
(In millions of dollars)
Short-term claims
End of
calendar year or
quarter-end month
1/
Total claims
Total
Payable in
dollars
Payable in foreign currencies
Deposits with banks Other short-term
abroad in reporter’s claims payable in
own name
foreign currencies
(4)
(5)
368
241
(1)
(2)
(3)
5,572
3,783
3,173
1969 g / ......................
f 5,925
^ 6,523
3,710
4,159
3,124
3,532
221
244
7,110
4,160
3,579
1971 2/...... ................
f 8,303
( 8,068
5,185
5,000
4,535
4,467
234
318
289
1972 g / .... .................
/ 9,094
( 9,960
5,723
6,294
5,074
5,643
411
393
12,529
15,806
7,584
493
11,263
10,2a
17,047
12,128
11,023
473
566
19,350r
14,381r
13,330r
,1977-Sept................ ....
19,942r
21,298r
15,223r
16,221r
1978-Mar.....................
23,541r
23,229
23,267
18,399r
18,162
18,260
Note:
Breaks in series arising from changes in
amount to $5 million or less for any year are
cases, only the figure comparable to that for
shown.
1/ Data are shown for calendar year ends and for
quarter ends for which figures are available.
8,471
reporting coverage which
not shown; in such
the following date is
the most recent five
Long-term
claims
(6)
1,790
365
383
2,215
2,363
348
2,950
333
244
238
258
3,118
3,068
394
548
4,057
539
4,919
452
599r
4,970
14,120r
14,803r
414
613
690r
805r
4,719r
5,077r
16,636r
16,598
16,291
783
673
804
980r
890
1,165
5,143r
5,067
5,007
3,370
3,666
4,544
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
coverage to those shown for the preceding datej figures on the second
line are comparable to those shown for the following date,
p
Preliminary.
r Revised
February 1979
113
.CAPITAL MOVEMENTS.
Section V - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM- V-2. - Short-Term Claims by Country
(Position at end of period in millions of dollars)
Country
1972
1976
1975
1974
1973
Sept.
Dec.
June
Mar,
Sept. p
Austria................. ,
Belgium-Luxembourg........
Bulgaria................ .
Czechoslovakia.........
Denmark................. .
Finland............ ..
France..................
German Democratic Republic
Germany..................,
Greece............. .....
Hungary.................
Italy...................
Netherlands..........
Norway..................
Poland..................
Portugal................
Romania........ ........
Spain...................
Sweden..................
Switzerland..........
Turkey............... .
United Kingdom..........
U.S.S.R.................
Yugoslavia...............
Other Europe............
19
73
n.a.
n.a.
29
25
209
n.a.
190
35
n.a.
187
81
16
n.a.
19
n.a.
153
57
82
48
1,213
23
12
31
17
106
n.a.
n.a.
46
44
278
n.a.
280
51
n.a.
230
108
18
n.a.
49
n.a.
242
71
102
25
1,545
77
36
42
26
128
n.a.
n.a.
42
120
428
n.a.
335
65
n.a.
395
143
36
n.a.
81
n.a.
367
89
136
26
1,847
91
22
72
16
133
n.a.
n.a.
39
81
291
n.a.
355
33
n.a.
380
167
41
n.a.
44
n.a.
407
62
242
27
1,903
150
36
84
21
162
n.a.
n.a.
56
77
438
n.a.
378
51
n.a.
381r
166
50r
n.a.
40
n.a.
369
90
241
25
2,432r
156
26
104
24
226
n.a.
n.a.
44
59
430
n.a.
395r
52
n.a.
351r
161
38
70
34
n.a.
307
91
146
32
2,479r
62
20
42
24
211
n.a.
n.a.
56
13
513
n.a.
450r
41
n.a.
387
166
4Or
103
69
n,a.
387
117
220
39
2,795r
55
20
56
21
187
n.a.
n.a.
47
13
545
n.a.
420r
42
n.a.
381r
184
40r
95
27
n.a.
408
117
202r
35
2,619r
44
24
58
28
155
1
4
40
53
533
5
436
40
6
451
192
45
24
54
12
376
78
285
29
2,338
37
27
24
25
172
3
3
34
50
622
8
534
44
6
400
175
42
15
34
11
351
80
346
31
2,818
33
23
28
Total Europe.
2,502
3,368
4,450
4,490
5,263r
5,062r
5,764r
5,508r
5,273
5,887
960
1,235
1,613
2,099
2,618
2,649
2,681r
3,428r
3,502
3,724
55
662
n.a.
170
n.a.
25
39
1
n.a.
n.a.
n.a.
181
13
85
36
n.a.
4
92
47
626
n.a.
232
n.a.
34
40
1
n.a.
n.a.
n.a.
238
13
61
47
n.a.
5
134
67
594
n.a.
468
n.a.
106
54
1
n.a.
n.a.
n.a.
308
20
131
44
n.a.
5
193
58
667
n.a.
409
n.a.
36
49
1
n.a.
n.a.
n.a.
362
12
91
41
n.a.
4
175
44
1*475
n.a.
682
n.a.
34
59
1
n.a.
n.a.
n.a.
332
9
76
42
n.a.
5
188
53
1,963
123
414
835
40
85
*
48
n.a.
n.a.
302
8
222
30
12
5
251
53
2,019r
117
493r
613r
45
84
*
56
n.a.
n.a.
314
12
91
32
17
5
269
53
3,122r
259
482r
723r
40
80
*
51
n.a.
n.a.
312
24
175
30
16
6
306
61
3,081
194
479
1,004
37
79
*
53
32
14
331
19
97
30
17
4
309
65
2,350
202
418
930
40
69
1
42
33
18
382
21
76
25
16
5
284
137
362
345
462
744
227
159
165
1,500
1,840
2,335
2,366
3,693
4,619
4,467r
5,943r
6,001
5,142'
*
65
36
33
48
31
508
67
n.a.
n.a.
n.a.
59
n.a.
n.a.
15
11
121
48
37
56
38
943
104
n.a.
n.a.
n.a.
73
n.a.
n.a.
19
17
138
62
37
92
44
1,230
201
n.a.
n.a.
n.a.
97
n.a.
n.a.
24
60
162
110
39
140
54
1,132
262
n.a.
n.a.
n.a.
96
n.a.
n.a.
22
3
197
96
55
179
41
912
117
n.a.
n,a.
n.a.
86
n.a.
n.a.
22
9
157
98
38
375
38
1,068
171
19
37
33
99
35
8
23
521r
48r
22
144
85
85
185
47
1,379
133
18
32
23
94
71
9
32
568r
43r
21
173
92
93
152
43
1,142
168
28
36
18
96
80
7
30
595
37
23
157
127
85
167
86
1,157
161
17
27
18
107
79
5
29
611
48
Canada•............... .
Latin America and Caribbean:
Argentina...........
Bahamas 1 / ..........
Bermuda..............
Brazil..............
British West Indies....
Chile...............
Colombia............
Cuba................
Ecuador.............
Guatemala......... .
Jamaica......... .
Mexico... ....... .
Netherlands Antilles 2/..
Panama...............
Peru................
Trinidad and Tobago......
Uruguay.............
Venezuela............
Other Latin America and
Caribbean..........
Total Latin America and
Caribbean............
Asia:
Chxna:
Taiwan......... .
Hong Kong........
India................
Indonesia......... .
Israel................
Japan......... .
Korea.............. .
Lebanon..............
Malaysia............ ..
Pakistan........ .
Philippines..........
Singapore............
Syria................
Thailand.............
Oil-exporting countries 3/.
j
Other Asia...........
Total Asia.,
Africa:
Egypt................
Ghana................
Liberia..............
Morocco..............
South Africa.... .....
Zaire.......... .
Oil-exporting countries 4/. 'I
J
Other Africa,.........
,
246
265
201
239
384
549
567r
12
139
73
42
184r
46
1,026
153
23
28
20
111
36
6
24
f 445r
( 30r
1,065
1,689
2,326
2,625
2,276r
2,398r
2,777r
2,970r
2,810
2,905
6
n.a.
n.a.
4
52
8
9
n.a.
n.a.
3
62
18
15
n.a.
n.a.
7
101
24
22
n.a.
n.a.
10
94
24
25r
n.a.
n.a.
11
87
21
18r
3
49
10
75
19
91r
90
124
225
256
34r
6
43
21
75
15
105r
87
31r
5
62
22
71
11
112r
89r
36
11
70
16
88
16
119
74
29
11
72
16
74
12
124
104
f
247
Total Africa.,
160
216
372
406
390r
75
340r
386r
402r
430
441
Australia.....
All other.... .
83
23
97
25
116
49
102
39
105
36
113
41
111
35
111
34
109
34
118
40
165
141
Total other countries.,
Total foreign countries.
International and regional:
International..........
European regional.......
Latin American regional..
Asian regional.........
African regional........
Middle Eastern regional..
Total international
and regional.......
Grand total,,
1/
2/
I
107
123
6,294
£,471
"
’ 11,262'. .. ’I2,i27’ ..
*•
*
*
*
n.a.
*
*
*
*
n.a.
*
*
*
*
n.a.
1
*
*
1
6,294
8,471
11,263
12,128
*
*
*
n.a.
Through December 31, 1972, Bermuda included with Bahamas.
Through December 31, 1975, Suriname included with Netherlands Antilles.
141
,
153
.-
*
1
*
*
n.a.
1
14,381r
3/
4/
p
r
..& ; w v
1
1
*
n.a.
1
15,223r
146
16,220r
1
*
★
n.a.
1
16,221r
145
18,397r
1
1
*
*
n.a.
1
18,399r
143
158
18,160
18,25§"
1
1
*
-
1
1
*
*
"
2
2
18,162
18,260
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi .Arabia,
and the United Arab Emirates (Trucial States).
Includes Algeria, Gabon, Libya, and Nigeria,
Preliminary. * Less than $500,000. n.a. Not available,
Revised
114
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section V - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM- V-3. - Short-Term Claims, by Type and Country, as of September 30, 1978
Preliminary
(Position in millions of dollars)
Payable in foreign currencies
Country
Eurone:
Austria.................
Belgium-Luxembourg.......
Bulgaria................
Czechoslovakia...........
Denmark...................
Finland.................
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania.................
Spain...................
Sweden...............
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
Total Europe.,
Canada:
Latin America and Caribbean:
Argentina..............
Bahamas................
Bermuda................
Brazil.................
British West Indies.....
Chile..................
Colombia...............
Cuba...................
Ecuador................
Guatemala...............
Jamaica................
Mexico.................
Netherlands Antilles
Panama.................
Peru...................
Trinidad and Tobago.....
Uruguay................
Venezuela..............
Other Latin America and
Caribbean............
Total
short-term
claims
Payable in
dollars
(1)
(2)
25
172
3
3
34
50
622
Deposits with
banks abroad
in reporter's own name
(3)
19
132
3
Other short-term
claims payable in
foreign currencies
________ (4)
6
23
3.
30
50
590
8
8
534
44
422
43
6
6
400
175
42
15
34
392
145
30
13
34
11
10
351
80
346
31
2,818
33
23
28
317
79
253
30
2,658
32
5,887
5,344
2
13
12
1
*
1
30
4
1
*
77
15
1
30
22
26
m .,.
3,724
65
2,350
64
2,283
202
201
418
930
40
69
412
902
39
67
1
1
42
33
18
382
41
30
10
371
21
21
76
25
16
5
284
75
22
14
5
277
Total Latin America and
Caribbean..........
Asia:
China:
Mainland...........
Taiwan.............
Hong Kong........
India................
Indonesia........... .
23
157
127
85
167
Israel............ .
86
Japan........ ...... .
Korea............... .
Lebanon............. .
Malaysia............ .
Pakistan............ .
Philippines...........
Singapore........... .
1,157
161
17
27
18
107
79
5
29
Syria..............
Thailand............
Other Asia.,
659
Total Asia.,
2,905
Africa;
Egypt., ..... .
Ghana........
Liberia.....
Morocco.....
South Africa.,
Zaire........
23
155
122
80
164
84
884
160
1
3
1
2
2
91
2
17
102
76
2,556
148
29
11
72
16
74
12
68
6
118
40
116
40
Other A i nca.,
Total Africa.,
=M=
Other countries:
Australia.... .
All other.... .
Total other countries....
Total foreign countries...,
16,289
.,
Iivteimtfonal aafl restonal:
International..........
European regional.......
Latin American regional..
Asian regional..........
African regional........
Middle Eastern regional..
Total international
and regional...........
Grand total.,
* Less than $500,000.
18,260
16,291
1,165
February 1979
115
______________________________CAPITAL MOVEMENTS_______________________________
Section V - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM- V-4. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Type
(In millions of dollars)
End of
calendar year
or month
1968...................
Payable in foreign currencies
Payable in dollars
Total
short-term
liquid
claims
Deposits
Total
(1)
1,638
(2)
1,306
1,318
1,491
1,068
1,222
V
1,141
1,648
1,507
/
^
1,965
2,373
Demand
Time
(3)
28
(4)
1,192
Deposits
Total
Short-term
investments i/
(5)
Demand
(7)
(6)
Time
Short-term
investments 1/
(8)
(9),
222
60
87
332
951
1,062
116
161
250
269
174
183
847
697
150
294
173
121
1,295
1,205
1,092
1,078
203
127
354
302
120
68
1,615
1,966
1,446
1,910
169
55
350
408
234
234
307
340
3,185
3,357
3,799
5,720
7,137r
2,641
2,660
3,042
4,984
6,122r
37
69
332
479
418
544
697
757
735
l,0l5r
431
429
511
404
547r
113
268
246
331
468
1977-Nov................
7,809r
7,137r
6,819
6,122r.
2,604
2,591
2,710
4,505
704r
5',
6,3^.6
5,704r
492
418
991r
l»0l5r
489r
547r
502
468
1978-Jan................
Feb................
Mar................
Apr................
May................
7,928r
8,620r
9,221r
9,399r
9,637r
8,812r
8,949r
10,098r
8,635r
10,503r
11,223
6,856r
7,497r
7,927r
8,113r
8,460r
7»671r
7,643r
8,818r
7,409r
9,240r
9,982
6, 348r
6,959r
7,293r
7,359r
7,809r
7,130r
7,172r
8,282r
6,985r
8, 688r
9,362
508
538
635
754r
650r
541r
47lr
536r
424r
552
619
1,072?
J,123r
l,293r
l,286r
l,177r
1,142
1,306r
l,280r
l,226r
l,263r
1,241
538r
617r
723r
715r
576r
599
689r
660r
730r
789r
771
53*
506
570
570r
601
543
616
620
496r
474
470
f^
1971 2/................ (
1972 2/
July...............
Aug................
Sept...............
1
49
.....
Note:
Data represent the liquid assets abroad of large nonbanking
concerns in the United States. They are a portion of the total claims
on foreigners reported by nonbanking concerns in the United States and
are included in the figures shown *in Tables CM-V-1 through CM-V-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.
76
86
42
68
A......
2/ Data on the two lines shown for this date differ because of changes
in reporting coverage or classification. Figures on the first line
are comparable to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
r Revised
Table CM- V-5. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
(Position at end of period in millions of dollars)
1978
Calendar year
Country
July
Aug.
Sept.
Oct.
Nov.
123
37
116r
5
26
59
2,120r
32
41r
107r
2
19r
74r
l,878r
25
7lr
109r
3
17
76r
l,869r
29
83r
18fir
2
16
84r
2,246r
50
145
320r
2
16
101
2,950r
49
183
443
2
10
62
3,137
1,698
l,776r
2,537r
3,013r
2,452r
2,858r
2,833
1,355
n.a.
l,896r
3,217r
3,543r
2,247r
2,819
3,033
499
n.a.
153
825r
634r
279r
128r
935r
276r
163r
915r
250r
125r
867
234
142
1,124
249
99
5,720
7,137r
8,949r
10,098r
8,635r
1973
1974
1975
1976
1977
Netherlands...................
Switzerland...................
United Kingdom................
51
18
10
16
6
6
1,128
23
3
10
4
12
15
1,350
63
12
29
3
14
68
1,306
67
33
25
3
16
72
1,838
Canada.......................
775
967
1,156
Bahamas......................
British West Indies 2 J .........
597
n.a.
391
n.a.
546
n.a.
299
398
279
184
345
256
113
All other countries 2/.........
3,185
3,357
3,799
Belgium-Luxembourg............
France.......................
Germany......................
Note:
Data represent the liquid assets abroad of large nonbanking concems 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-V-1 through CM-V-3.
10,503r
11,223
1/ Through March 1978, British West Indies included in "All other
countries.11
2/ Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above.
n.a. Not available,
r Revised
116
Treasury Bulletin
_ __________________________CAPITAL MOVEMENTS_____________________________
Section V - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM- V-6. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns,
by Type and Country, as of November 30, 1978
(Position m millions of dollars)
Country
Italy....... *......... ,.....
Netherlands................ .
Total
short-term
liquid
claims
(1)
Payable in foreign currencies
Payable in dollars
Deposits
Total
Short-term
investments 1/
U)
(3)
(2)
Total
Deposits
(5)
(6)
Short-term
investments 1/
(7)
49
24
24
-
25
25
183
180
91
89
3
2
*
443
261
261
-
182
182
-
2
*
*
-
1
1
-
10
2
2
-
8
7
1
62
13
13
-
49
48
1
3,137
3,010
2,994
16
127
127
2,833
2,345
1,841
504
488
77
411
3,033
2,964
2,964
-
68
68
-
1,124
1,118
1,118
-
6
6
56
249
18
18
45
35
11
231
53
175
99
53
-
11,223
9,982
9,362
619
1,241
771
470
Note:
Data represent the liquid assets abroad of large nonbankingr concerns
in the United States. They are a portion of the total claim-, on foreigners
reported by nonbanking concerns in the United States that are included
in the series published in Tables CM-V-1 through CM-V-3.
1 / Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more tnan one year
from the date on which the obligation was incurred by the foreigner,
2/ Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above.
* Less than $500,000.
February 1979
117
.CAPITAL MOVEMENTS-
Section V - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM- V-7. - Long-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
Country
1972
Europe:
Austria................. ,
Belgium-Luxembourg.......
Bulgaria................
Czechoslovakia.......... ,
Denmark................. .
Finland................. .
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway........... ......
Poland..................
Portugal................
Romania.................
Spain...................
Sweden..................
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
Total Europe.,
Canada........
Latin America and Caribbean
Argentina............
Bahamas 1/...........
Bermuda.7............
Brazil..............
British West Indies....
Chile...............
Colombia.............
Cuba................
Ecuador.............
Guatemala............
Jamaica.............
Mexico..............
Netherlands Antilles j/..
Panama..............
Peru................
Trinidad and Tohago....
Uruguay.............
Venezuela............
Other Latin America and
Caribbean..........
Total Latin America and
Caribbean.......... .
Asia:
China:
Mainland..........
Taiwan............
Hong Kong.......... .
India............. .
Indonesia.......... .
Israel...... ...... .
Japan............. .
Korea............. .
Lebanon............ .
Malaysia........... .
Pakistan........... .
Philippines..........
Singapore.......... .
Syria.............. .
Thailand........... .
Oil-exporting countries 2/ •
Other Asia.........
1977
1974
1975
1976
Sept.
Dec.
Mar.
June
J
Africa:
Egypt.
Liberia.............. .
Morocco.............. .
South Africa......... .
Zaire................
Oil-exporting countries y. "\
Other Africa.........
J
Total Africa.,
7
7
n.a.
n.a.
7
6
26
n.a.
7
43
n.a.
45
364
28
n.a.
16
n.a.
65
34
29
27
191
*
16
18
8
10
n.a.
n.a.
2
6
43
n.a.
9
37
n.a.
56
339
30
n.a.
13
n.a.
55
25
52
26
290
20
16
16
8
15
n.a.
n.a.
1
7
53
n.a.
23
21
n.a.
40
280
12
n.a.
9
n.a.
46
42
44
3
364
11
11
15
12
45
n.a.
n.a.
*
6
57
n.a.
37
15
n.a.
41
217
6
n.a.
6
n.a.
47
42
59
2
329
11
8
20
11
37
n.a.
n.a.
1
17
59
n.a.
72
9
n.a.
34
156
17
n.a.
13
n.a.
33
50
57
1
271
20
10
18
11
41
n.a.
n.a.
2
17
70
n.a.
79r
4
n.a.
29
81
13
5
21
n.a.
47
50
42
8
282
13
8
9
11
39
n.a.
n.a.
2
17
74
n.a.
74r
3
n.a.
28
82
13
4
21
n.a.
46
50
49
7
310
12
12
8
12
44
n.a.
n.a.
2
17
85
n.a.
75r
3
n.a.
29
81
12
4
26
n.a.
63
67
48
7
332
11
12
8
12
40
2
1
17
71
2
71
4
_
30
76
11
4
31
*
62
55
55
9
363
11
12
3
13
35
2
2
17
68
1
76
4
*
26
74
10
3
31
1
74
56
58
8
341
11
12
3
935
1,051
1,007
960
884
833r
864r
937r
943
927
1,141
1,164
1,283
1,421
1,530
1,462
1,792
1,811
1,779
60
25
n.a.
187
n.a.
238
32
9
n.a.
n.a.
n.a.
64
*
35
16
n.a.
4
30
48
131
n.a.
145
n.a.
254
12
9
n.a.
n.a.
n.a.
79
1
49
18
n.a.
18
38
44
19
n.a.
187
n.a.
435
13
9
n.a.
n.a.
n.a.
153
3
112
19
n.a.
18
154
38
8
n.a.
172
n.a.
315
18
9
n.a.
n.a.
n.a.
216
21
115
26
n.a.
18
459
106
36
n.a.
133
n.a.
248
33
9
n.a.
n.a.
n.a.
195
27
110
40
n.a.
20
273
55
36
4
134
*
201
31
9
20
n.a.
n.a.
187
25
114
38
6
19
229
67
42
2
154
1
194
21
9
20
n.a.
n.a.
183
25
144
41
5
2
217
53
2
3
143
1
190
24
9
20
10
73
188
25
123
40
6
9
206
39
2
1
144
*
176
24
9
17
10
70
217
25
109
49
4
1
202
255
258
224
225
292
258
254
257
172
182
955
1,061
1,391
1,640
1,521
1,367
1,402
1,387
1,298
1,283
52
3
7
24
122
90
197
n.a.
n.a.
n.a.
78
n.a.
n.a.
5
34
2
6
89
172
77
228
n.a.
n.a.
n.a.
89
n.a.
n.a.
5
27
5
3
70
200
94
199
15
7
6
138
9
-
*
23
5
5
57
220
66
198
2
6
6
159
8
_
1
51
9
23
5
5
62
218
83
209
2
6
6
135
5
_
2
47
2
39
5
5
57
223
78
210
1
6
6
133
5
_
1
26
8
39
8
4
55
241
70
213
1
6
6
133
4
_
1
25
8
1,776
70
40
2
144
*
203
25
9
19
n.a. .
n.a.
177
26
136
41
6
18
230
40
1
16
32
75
133
65
n.a.
n.a.
n.a.
63
n.a.
n.a.
4
10
54
4
15
37
92
125
91
n.a.
n.a.
n.a.
85
n.a.
n.a.
8
81
511
93
94
91
88
613
681
669
789
829
817
810
803
812
4
n.a.
n.a.
*
2
1
4
n.a.
n.a.
*
22
2
3
n.a.
n.a.
1
17
8
*
n.a.
n.a.
1
31
12
2
n.a.
n.a.
1
26
10
2
49
*
27
10
87
98
125
147
78
86
1
52
*
25
10
12
60
1
51
*
26
15
10
54
1
7
7
*
26
10
9
95
*
13
3
27
10
8
88
115
127
168
187
165
161
156
154
149
29
5
32
17
29
20
35
19
33
17
31
16
28
15
28
17
28
15
27
14
46
7
11
33
123
112
164
n.a.
n.a.
n.a.
83
n.a.
n.a.
6
I
(
I
3
6
72
Total other countries.,
34
49
49
55
51
Total foreign countries.,
3,662
4,054
4,538
4,913
4,962
4,703r
5,062r
5,127r
_
4
n.a.
_
4
n.a.
.
5
n.a.
6
n.a.
7
n.a.
_
16
n.a.
_
15
n.a.
_
15
n.a.
International and regional:
International..........
European regional.......
Latin American regional..
Asian regional.........
African regional........
Middle Eastern regional..
Total international
and regional...........
1/
2/
”
3/
Sept. p
'
Total Asia.,
Other countries:
Australia.....
All other.....
1973
4
4
5
6
7
3,666
4,057
4,544
4,919
4,970
Through December 31, 1972, Bermuda included with Bahamas.
Through December 31, 1975, Suriname included with Netherlands
Antilles.
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi
Arabia, United Arab Emirates (Trucial States).
48
16
4,719r
43
15
5,077r
44
15
5,143r
4/ Includes Algeria, Gabon, Libya, and Nigeria,
p
Preliminary.
*
Less than $500,000.
n.a* Not available,
r
Revised
43
40
5,051
4,991
_
15
_
_
15
-
-
-
15
15
5,067
5,007
Treasury Bulletin
118
___________________________ CAPITAL MOVEMENTS_____________________________
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-1. - Foreign Purchases and Sales of Long-Term Domestic Securities by Type
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Corporate and other securities
Marketable Treasury bonds and notes
U.S. Gov't, corpora
Federally-sponsored1 agencies
Net foreign purchases
Calendar year
or month
Total
Foreign countries InterOfficial Other
and
insti
foreign
regional
tutions ers
(2)
(1)
1969..........
-45
1970..........
56
1971.......... 1,672
1972.......... 3,316
1973..........
305
1974..........
-472
1975.......... 1,995
1976.......... 8,096
1977.......... 22,843
(3)
59
123
-119
-22
5
69
203
277
761
Stocks
Bonds 1/
Gross
Gross
Gross
Net
Gross
Net
foreign foreign foreign
foreign foreign
foreign
sales
purchases purchases sales
purchases purchases
Gross
foreign
sales
(6)
(7)
(8)
(U)
(12)
(13)
(14)
11
-25
130
57
-165
101
180
2,702
1,713
528
691
2,414
4,358
2,738
3,382
8,898
25,610
39,818
574
634
742
1,043
2,433
3,854
6,903
17,514
16,974
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,712
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
4,297
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1,585
1,202
956
703
1,881
1,961
1,039
766
1,202
1,481
3,054
2,499
2,967
4,723
5,828
8,621
5,408
5,529
3,442
1,853
1,543
2,263
2,842
3,867
7,582
4,642
4,327
1,961
1,487
626
731
2,188
2,790
540
4,678
2,753
2,675
12,429
8,927
11,626
14,361
12,767
7,636
15,355
18,227
14,154
10,942
8,301
10,894
12,173
9,978
7,096
10,678
15,475
11,479
(4)
-115
-41
1,661
3,281
465
-642
1,612
5,117
20,369
Gross
Gross
Gross
foreign
foreign Net
foreign
foreign
purchases sales
purchases purchases
(5)
(9)
(10)
(15)
1978p.........
4,692
3,682
635
376
32,312
27,620
1,243
4,496
3,253
1,262
3,458
2,196
2,370
20,069
17,698
1977-Dec......
959
598
-9
370
2,351
1,392
44
175
131
43
179
136
290
1,235
945
1978-Jan......
Feb......
Mar......
Apr......
May......
June.....
1,481
278
866
-1,584
-295
1,271
1,714
-277
990
-1,704
-566
522
60
107
22
26
98
76
-293
447
-145
94
172
672
3,380
2,360
2,591
1,793
2,982
2,965
1,899
2,082
1,725
3,377
3,278
1,695
66
95
-30
2
95
229
325
344
420
162
266
416
259
249
450
160
171
188
15
131
1
-37
352
138
134
230
180
149
514
253
119
99
178
186
162
115
115
63
492
713
427
119
1,024
825
1,413
1,864
2,391
2,055
909
762
921
1,151
1,963
1,936
July.....
Aug......
Sept.....
490
425
639
1,410
225
-514
1,313
710
704
577
69
-371
29
103
2
69
-71
113
-852
-388
-67
764
228
-256
2,663
2,853
2,516
4,219
2,960
1,029
2,173
2,427
1,877
2,809
2,736
1,543
398
132
7
80
36
134
659
398
289
419
220
579
261
266
282
338
184
445
36
251
54
117
13
192
371
475
322
309
217
306
335
224
268
192
204
114
9
-235
241
-14
103
336
1,305
2,444
2,357
1,509
1,461
1,421
1,296
2,678
2,115
1,523
1,359
1,085
Dec. p...
1/ Data include transactions in issues of states and municipalities.
Through December 1976, data also included transactions in issues
of U.S. Government corporations and Federally-sponsored agencies.
Table CM-VI-2.
p
n.a.
Preliminary.
Not available,
Foreign Purchases and Sales of Long-Term Foreign Securities by Type
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
or month
1978p......................
Net foreign
purchases
of foreign
securities
Foreign-bonds
Net foreign
purchases
Gross foreign
purchases
Foreign stocks
Gross foreign
sales
Net foreign
purchases
Gross foreign
purchases
(6)
Gross foreign
sales
(1)
(2)
(3)
(4)
(5)
-1,547
-915
-984
-622
-818
-2,034
-6,526
-9,097
-5,504
-1,029
-951
-935
-1,031
-993
-2,218
-6,338
-8,774
-5,095
1,552
1,490
1,687
1,901
1,474
1,036
2,383
4,932
8,040
2,581
2,441
2,621
2,932
2,467
3,254
8,720
13,706
13,134
-517
35
-49
409
176
184
-188
-323
-410
1,519
1,033
1,385
2,532
1,729
1,907
1,542
1,937
2,255
2,037
998
1,434
2,123
1,554
1,723
1,730
2,259
2,665
(7)
-3,366
-3,890
10,999
14,888
523
3,661
3,138
1977-Dec....................
-279
-338
885
1,223
59
291
232
1978-Jan....................
Feb....................
Mar....................
-469
-69
-441
-358
-51
-694
-572
-181
-555
-501
-39
-633
806
583
797
1,221
1,017
1,097
1,378
764
1,351
1,721
1,056
1,730
103
113
114
143
-13
-61
255
280
337
404
271
247
152
167
223
261
284
308
-281
-145
-36
-696
-285
157
-291
-196
33
-677
-448
170
921
982
759
941
854
1,020
1,212
1,178
726
1,618
1,302
851
10
51
-69
-19
163
-12
333
382
261
299
360
232
323
331
330
318
197
244
Oct...................
p Preliminary.
February 1979
119
.CAPITAL MOVEMENTS.
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-3. - Net Foreign Transactions in Marketable Treasury Bonds and Notes by Country
(in millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar vear
1978
Country
1975
Austria.................
Belgium-Luxembourg........
Bulgaria................
Czechoslovakia..........
Denmark.................
Finland.................
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania.................
Spain...................
Sweden..................
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
1976
*
3
n.a.
n.a.
*
17
-3
n.a.
206
*
n.a
*
10
39
n.a.
*
n.a.
*
25
26
1978 p
1977
*
1
n.a.
n.a
*
18
53
n.a.
549
*
n.a.
-5
272
1
n.a.
*
n.a.
*
-85
206
*
122
-
10
5
n.a.
n.a.
_
-5
23
n.a.
2,404
10
n.a
-2
623
11
*
n a.
*
-91
236
*
*
_
_
_
7
114
-22
*
-10
61
*
3,943
*
12
447
22
*
*
186
480
-3,515
-85
_
-129
-
_
8,403
-
Aug
July
Oct
Sept
*
*
_
10
-7
231
*
165
*
*
10
46
-541
-
_
_
-1
14
*
_
-4
14
396
*
28
*
*
*
59
47
-5
*
.
_
-1
*
1,169
*
*
+■
1
*
*
15
60
-
-124
-
Dec. p
Nov. p
*
*
-13
*
-2
-30
457
-4
-2
*
35
184
-240
-3
“
“
20
62
-301
-9
*
*
1
4
488
*
50
-20
*
20
36
6
-
~
*
-3
19
■
9
”
:
■
7
20
200
1,245
11,606
1,541
1,120
-72
535
572
394
-177
-317
-139
32
-136
12
*
*
-125
-V
1
*
*
*
*
*
*
-1
-1
-15
*
*
*
153
_
*
_
-
*
*
.
*
*
*
1
*
-
-
-
-
_
n.a.
n.a.
*
52
10
*
50
*
-4
22
*
*
2
-84
*
*
*
*
*
-8
5
*
-55
*
1
*
_
*
n.a.
n.a.
20
78
1
*
*
*
*
1
3
*
1
*
_
_
*
n.a.
n.a.
1
-43
-5
*
.
145
1
8
-8
-15
101
112
*240
*
60
-
*
10
*
-
Israel..................
*
Japan........ ........
-227
Total Europe.
Canada........
irttta-AmwfrHi and c«?fiteaB,.
Argentina............
Bahamas.............
Bermuda.............
Brazil...................
British West Indies....
Chile...............
Colombia.............
Cuba................
Ecuador....... ......
Guatemala............
Jamaica.............
Mexico..............
Netherlands Antilles 1/..
Panama..............
Peru................
Trinidad and Tobago....
Uruguay.............
Venezuela............
Other Latin America and
Caribbean..........
-
-10 ,
_
_
*
*
*
*
-
-
*
*
-
-
-20
*
-10
Caribbean............
Indonesia.............
Korea...................
Lebanon.................
-
-1
-583
-10
*
*
*
*
*
-99
-
-
*
*
*
*
*
*
*
*
-
*
*
-
-
-
*
-136
-9
60
-99
-20
-10
*
.
_
8
35
10
-8
3
5
-
-
-
-
-
5
2
-
-2
-
*
_
*
*
*
*
-
4,173
377
-
4,668
12
n.a.
n.a.
-21
594
192
20
98
-30
Thailand.............
Oil-exporting countries g /
Other Asia............
*
1,797
-
77
3,887
*
58
4,451
-
Total Asia.,
1,660
3,954
9,422
Syria...................
Africa•
Egypt................
Ghana................
Liberia..............
Morocco..............
South Africa.........
Zaire................
Oil-exporting countries 2/.
Other Africa.........
Tdtal Africa.,
Other countries:
Australia.....
All other.....
Total other countries....
Total foreign countries....
.
n.a.
*
*
170
*
311
'
-
-
n.a.
n.a.
31
"
Malaysia..............
Pakistan.............
Philippines...........
Singapore.............
“
“
*
*
“
*
-10
_
*
*
*
70
-
-
Total Latin America and
Asia:
China:
Mainland............ .
Taiwan................ .
Hong Kong...............
India...................
-
-
864
-
-5
*
*
-10
*
-10
-33
-1,790
-5
-85
-
-31
-
2,733
227
815
-21
-69
-
1
1
■V
*
*
-
305
464
-77
-
-
-
45
-
-
-10
-35
-5
-23
”
-31
*
-401
*
-33
-241
-
-127
*
272
19
-378
-82
.
_
“
“
-
-
-
n.a.
*
_
*
_
*
*
221
-181
329
_
-
-
-
-
-
-
“
”
-
*
*
200
-1
-
-
-
-
-
-
-
-
-
-
*
*
-
-
-
200
-1
*
*
170
221
-181
329
*
*
*
*
-1
12
-14
-7
10
-2
1
-9
*
*
11
-14
-7
10
-2
1
-9
-
*
*
-
.
*
-
1,814
5,393
21,130
4,317
1,342
813
706
646
-3
-257
225
2,584
1,741
443
-67
-824
-388
-67
764
228
-256
-
-
“
“
-
“
Intematfonal and ractawl:
International..........
European regional.......
Latin American regional..
Asian regional.........
African regional........
Middle Eastern regional..
Total international
and regional...........
1/
2/
“
_
_
_
-44
119
-28
_
-
-
-
n.a.
n.a.
180
2,702
1,713
376
-852
-388
-67
764
228
-256
1,995
8,096
22,843
4,692
490
425
639
1,410
225
-514
n.a.
-28
-
-
_
“
Through December 31, 1975, Suriname included with Netherlands Antilles.
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia,
and the United Arab Fmirates (Trucial States).
V
p
*
Includes Algeria, Gabon, Libya and Nigeria,
Preliminary.
Less than $500,000.
n.a. Not available.
-
120
Treasury Bulletin
CAPITAL MOVEMENTS
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-4. - Estimated Foreign Holdings of Marketable Treasury Bonds and Notes by Country
(Position at end of period In Alllions of dollars)
Calendar year
1
*1
Country
1975
Europe.
German Democratic Republic 2 /
Italy.................
Poland 1/..............
1976
*
13
n.a.
n.a.
*
18
*
n.a.
215
*
n.a.
*
16
48
n.a.
*
n.a.
1
275
55
*
363
-
14
n.a.
n.a.
1
36
45
n.a.
764
*
n.a.
*
288
49
n.a.
*
n.a.
1
191
261
*
485
-
88
1,085
395
1977
1
July
Aug.
1978
Oct.
Sept.
Nov. p
Dec. p
10
19
n.a.
n.a.
1
25
109
n.a.
7,102
10
n.a.
4
1,351
62 '
n.a.
*
n.a.
2
265
915
★
5,674
104
15,655
202
2,330
10
19
n.a.
n.a.
1
31
68
n.a.
3,168
10
n.a.
*
911
60
n.a.
*
n.a.
2
100
497
*
8,888
_
180
13,936
10
19
n.a.
n.a.
1
20
128
n.a.
5,530
10
n.a.
4
1,113
84
n.a.
*
n.a.
2
200
590
*
6,403
Ill
14,226
10
19
n.a.
n.a.
1
30
121
n.a.
5,761
10
n.a.
4
1,278
84
n.a.
*
n.a.
2
210
636
*
5,862
126
14,154
10
19
n.a.
n.a.
1
26
135
n.a.
6,157
10
n.a.
4
1,306
85
n.a.
*
n.a.
2
210
694
*
5,909
121
14,689
19
n.a.
n.a.
1
27
140
n.a.
6,645
10
n.a.
4
1,356
65
n.a.
*
n.a.
2
231
731
*
5,915
_
107
15,261
256
288
275
276
276
151
151
152
*
*
n.a.
*
n.a.
2
99
*
n.a.
n.a.
n.a.
21
162
12
*
n.a.
*
243
*
*
n.a.
*
n.a.
2
99
*
n.a.
n.a.
n.a.
21
162
12
*
n.a.
*
144
*
*
n.a.
*
n.a.
2
79
*
n.a.
n.a.
n.a.
21
162
12
*
n.a.
*
144
*
*
n.a.
*
n.a.
2
69
*
n.a.
n.a.
n.a.
21
162
12
*
n.a.
*
144
*
*
n.a.
*
tua.
2
69
*
n.a.
n.a.
n.a.
21
162
12
*
n.a.
*
144
Latin America and Caribbean:
10
19
n.a.
n.a.
1
22
129
7”il0
10
n.a.
4
1,358
82
n.a.
*
n.a.
2
285
977
*
5,373
_
95
15,477
*
4
n.a.
*
n.a.
*
*
n.a.
n.a.
n.a.
20
161
1
*
n.a.
*
4
*
5
n.a.
*
n.a.
*
*
_
n.a.
n.a.
n.a.
21
118
*
*
n.a.
*
149
*
4
n.a.
*
n.a.
*
153
_
n.a.
n.a.
n.a.
21
170
7
*
n.a.
*
198
*
*
n.a.
*
n.a.
2
109
*
n.a.
n.a.
n.a.
21
162
12
*
n.a.
*
173
10
23
*
7
7
7
7
7
7
200
312
552
485
544
445
425
415
416
*
*
71
*
*
2,687
*
n.a.
n.a.
n.a.
10
n.a.
n.a.
78
6,486
9,323
*
8
106
10
*
6,860
369
n.a.
n.a.
n.a.
30
a.a.
n.a.
136
11,227
18,745
*
*
108
15
*
9,927
381
n.a.
n.a.
n.a.
8
n.a.
n.a.
136
10,257
20,831
*
*
109
15
_
*
10,791
381
n.a.
n.a.
n.a.
8
n.a.
n.a.
136
10,206
21,647
*
*
107
15
_
*
11,096
381
n.a.
n.a.
n.a.
8
n.a.
n.a.
136
10,176
21,919
*
*
108
13
*
11,560
381
n.a.
n.a.
n.a.
8
n.a.
n.a.
136
9,730j
21,938
*
*
110
15
*
11,483
381
n.a.
n.a.
n.a.
8
n.a.
n.a.
103
9,460
21,560
*
*
110
15
Other Asia....... ......
Total Asia.............
*
*
61
*
3,271
2
n.a.
n.a.
n.a.
31
n.a.
n.a.
*
2,005
5,370
Africa*
Egypt.................
Ghana 1/...............
Liberia 1 / .............
Morocco................
South Africa... ........
Zaire.................
Other Africa............
Total Africa............
*
n.a.
n.a.
_
*
*
322
321
*
n.a.
n.a.
_
*
*
543
543
*
n.a.
n.a.
_
*
*
363
362
*
n.a.
n.a.
_
*
*
492
491
*
n.a.
n.a.
_
*
*
492
491
*
n.a.
n.a.
_
*
*
492
491
*
n.a.
n.a.
*
*
692
691
*
n.a.
n.a.
*
*
692
All other..............
Total other countries.....
*
*
*
*
*
*
*
12
n
*
*
*
*
6
5
*
6
6
*
*
*
*
*
*
Total foreign countries.....
7,372
12,765
33,895
36,306
37,825
38.471
38,469
38,212
4,421
_
33
★
.
n.a.
4,354
33
*
_
n.a.
' . 5,118
33
*
n.a.
5,345
33
*
n.a.
5,089
_
33
*
_
n.a.
4,387
5,151
5,378
5,122
British West Indies 1 / ....
Chile.................
Trinidad and Tobago l/......
|
Other Latm America and
Total Latin America and
(
*_i_
Asia:
China:
Syria 1/...............
j
'
*
8
7'
37,119
Inteniatforal 9P3 reflfoml:
322
.
9
*
_
n.a.
2,905
_
128
*
_
n.a.
4,646
_
100
*
_
n.a.
4,809
33
*
_
n.a.
331
3,033
4,746
4,842
4,454
38,641
41,148
7.702
15.798
Note: Data represent estimated official and private holdings of marketable
1/
U.S. Treasury securities with an original maturity of more than one year.
Data are based on a benchmark survey as of January 31, 1971, and the
2J
monthly transactions reports. Country detail may not add to the area
p.
totals or to Grand total.
*
41,573
European regional.........
Latin American regional...
Asian regional..........
African regional.........
Middle Eastern regional...
Total international and
regional..............
Grand total...... . . .... *
691
*
11,528
381
n.a.
n.a.
n.a.
8
n.a.
n.a.
103
9.333
21,478
*
n.a.
n.a.
*
*
692
691
42,212
43,622
43,847
43,333
Country or area not listed separately in benchmark survey* holdings are
included in respective "Other" geographical category.
*
Through December 31, 1975, Suriname
with Netherlands Antilles
Preliminary.
’
Less than $500,000. n.a. Not available.
February 1979
121
........................... CAPITAL MOVEMENTS
...............................
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-5. - Net Foreign Transactions in Long-Term Domestic Bonds,
Other than Treasury Bonds and Notes, by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)_
...Calendi
Country
1978 p
Europe*
Austria.................
Belgium-Luxembourg.......
Bulgaria................
Czechoslovakia..........
Denmark................. .
Finland.................
France.................. ,
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania............. .
Spain...................
Sweden..................
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
6
2
1
39
n.a.
n.a.
-59
-45
n.a.
n.a.
-26
n.a.
n.a.
*
1
-2
-10
82
n.a.
39
n.a.
-49
-3
n.a.
n.a.
-10
-6
-29
72
30
-6
-3
-9
34
n.a.
*
n.a.
2
-34
n.a.
Aug.
Sept.
1
-2
Nov. p
1
-10
30
dec. p
-2
17
-20
1
n.a.
*
n.a.
2
5
155
*
23
July
1
94
3
11
19
1
18
19
-1
2
28
-100
-2
11
10
1
1
-74
-20
1,703
18
43
*
9
-15
39
110
Total Europe.
Canada........
Latin Anwrwa an4 Cayifrhsar
Argentina...............
Bahamas.................
Bermuda.................
Brazil..................
British Vest Indies......
Chile...................
Colombia................
Cuba....................
Ecuador.................
Guatemala...............
Jamaica.................
Mexico..................
Netherlands Antilles I/...
Panama..................
Peru....................
Trinidad and Tobago......
Uruguay.................
Venezuela...............
Other Latin America and
Caribbean.............
Total Latin America and
Caribbean........... ,
Asia:
China:
Mainland..............
Taiwan................
Hong Kong...............
India...................
Indonesia...............
Israel..................
Japan...................
Korea...................
Lebanon........... .....
Malaysia................
Pakistan................
Philippines..........
Singapore...............
Syria...................
Thailand................
Oil-exporting countries 2j
Other Asia..............
Total Asia.,
5
-1
2
-6
3
15
9
54
3
59
1
1
1
1
10
1
1
n.a.
n.a.
n.a.
n.a.
-1
11
n.a.
n.a.
4
-3
9
34
-6
20
4
1
1
-2
2
-1
-1
2
2
10
164
41
1
n.a.
n.a.
1
n.a.
n.a.
1
*
1
1,553
1,179
1,695
1,518
1,014
2,033
-1
810
*
99
Africa:
Egypt................
Ghana..........
Liberia..............
Morocco.......-.... .
South Africa.........
Zaire............ .
Oil-exporting countries j/.
Other Africa..........
Total Africa.,
Other countries:
Australia.
All other.....
2
-1
Total other countries....
Total foreign countries....
International and regional:
International........
European regional.......
Latin American regional..
Asian regional.,......
African regional........
Middle Eastern regional..
Total international
and regional.............
Grand total.,
1,795
1,243
4,096
2,096
187
*1,030
1
89
-4
-1,029
766
100
15
-4
-4
96
1,202
4,192
2,505
1/ Through December 31, 1975, Suriname included with Netherlands Antilles.
'%} Includes 'Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and
~ the United Arab Emirates (Trucial States).
p.
it
Includes Algeria, Gabon, Libya, and Nigeria,
Preliminary.
Less than $500,000.
n.a. Not available.
5
Treasury Bulletin
122
-CAPITAL MOVEMENTS.
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks ajid Brokers in the United States
Table CM-VI-6. - Net Foreign Transactions in Domestic Stocks by Country
(In millions Qf dollars; negative figures indicate net sales by foreigners or a net outflow or capital from the United States!
Country
1975
11
84
n.a.
n.a.
5
-1
262
n.a.
251
10
n.a.
*
359
4
n.a.
-2
n.a.
13
2
899
*
594
Austria.................
Belgium-Luxembourg.......
Bulgaria................
Czechoslovakia..........
Denmark.................
Finland.................
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania.................
Spain...................
Sweden..................
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
Total Europe...........
Canada.
Latin America and Caribbean.
Argentina..............
Bahamas................
Bermuda................
Brazil.................
British West Indies.....
Chile..................
Colombia...............
Cuba...................
Ecuador................
Guatemala..............
Jamaica................
Mexico.................
Netherlands Antilles 1/..
Panama.................
Peru...................
Trinidad and Tobago......
Uruguay................
Venezuela..............
Other Latin America and
Caribbean............
Total Latin America and
Caribbean............
Asia:
China:
Mainland.......... .
Taiwan............ .
Hong Kong...........
India...............
Indonesia...........
Israel..............
Japan...............
Korea...............
Lebanon.............
Malaysia............
Pakistan............
Philippines.........
Singapore...........
Syria...............
Thailand............
1976
1977
1978p
July
Sept.
*
-1
*
*
*
-15
.
17
-3
-2
9
-1
*
-4
*
-52
*
50
-3
-2
-2
*
*
9
_
-54
2
_
-1
-22
*
_
*
_
*
-1
. "184
*
110
_
-5
3
4
_
_
-1
-2
2
_
24
2
_
*
7
2
_
*
_
-2
-5
-115
*
54
*
-6
-1
*
_
_
*
*
-4
_
*
-11
_
_
*
1
1
-30
3
*
-3
7
-1
_
*
_
-1
-1
-118
*
58
_
*
-2
8
3
*
*
6
1
*
*
_
1
1
-88
*
67
_
*
*
Oct.
Nov. p
Dec. p
*
-9
*
*
-36
*
263
*
it
it
-9
-2
“
*
1
*
-22
it
74
2
*
-1
2
-40
n.a.
n.a.
-2
1
256
n.a.
68
3
n.a.
-4
-199
-8
n.a.
-8
n.a.
9
*
-100
1
340
*
17
9
-79
n.a.
n.a.
-5
1
40
n.a.
291
-5
n.a.
-15
22
-4
-3
3
n.a.
-8
-7
152
-4
613
*
5
5
-29
*
★
12
49
2
619
11
*
-14
-22
-5
*
-2
-7
-16
-584
2
1,218
*
-6
2,491
336
1,006
1,233
.-6
-152
-33
-91
, -io....
264
361
324
65
74
-16
-18
117
22
6
38
2
7
-1
1
-18
-1
1
*
1
n.a.
n.a.
6
-22
15
*
*
*
*
8
26
1
*
*
*
*
*
n.a.
n.a.
4
52
15
*
*
2
2
42
70
2
*
-1
2
*
-1
*
1
13
8
1
*
*
*
*
3
-12
1
*
*
*
*
*
*
*
-28
1
*
*
*
1
1
8
*
-2
*
*
m
-1
*
*
*
-2
2
*
*
' *
*
3
-22
*
-1
*
*
_
18
11
-1
1
-7
11
*
1
*
*
_
*
*
1
3
48
-7
*
*
*
*
1
3
16
*
-1
*
*
_
*
*
*
3
-24
3
*
2
-1
3
75
*
-15
*
*
*
1
n.a.
n.a.
35
45
-4
1
*
-1
16
1
8
2
-1
1
-1
1
-1
*
-1
*
-1
*
*
-7
155
127
151
-35
48
1
13
-2
16
*
13
1
*
*
3
*
1
*
*
*
-3
*
*
1
*
it
1
15
*
*
it
*
*
11
13
*
2
*
*
it
h
it
1
-10
-1
*
*
*
'
1
87
*
*
2
22
*
13
n.a.
n.a.
2
6
*
*
*
5
54
*
7
-3
67
*
-2
n.a.
n.a.
2
-4
*
*
*
-9
38
*
*
-1
33
*
2
*
*
2
-9
1
*
*
-10
116
2
1
-6
74
*
7
*
*
*
2
*
*
Other Asia.,
1,649
10
1,803
-7
1,390
3
781
1
Total Asia.,
1,790
1,922
1,449
Other Africa.,
*
*
n.a.
*
*
*
*
9
*
2
n.a.
*
1
*
1
4
Total Africa.,
10
15
1
Africa.
Egypt.......
Ghana.......
Liberia......
Morocco.....
South Africa.,
Zaire.......
Aug.
.
*
22
*
*
1
9
*
2
*
*
*
2
*
*
*
3
*
*
*
-2
*
2
*
*
*
-7
*
*
*
-8
*
*
-1
9
*
*
*
*
*
1
*
*
22
1
*
-1
11
*
*
*
*
*
1
.
*
69
*
-134
*
120
*
42
*
109
*
4
*
968
64
-100
155
38
110
19
*
*
7
*
-1
*
*
-2
*
*
-8
*
-3
*
*
-2
*
*
.
*
*
*
*
*
.
*
*
-1
*
*
-11
*
*
-2
*
*
*
*
7
*
_
-1
it
*
*
it
3
-2
it
-1
*
*
*
*
*
*
-1
*
*
*
7
5
-13
1
-12
5
2
-2
-1
-3
-2
8
1
3
*
*
*
-1
*
-1
*
2
*
1
*
1
*
*
-3
*
*
*
-3
*
-1
*
*
*•
2
i
'
*
QtheycajMrles:
Australia.....
All other.....
Total other countries.
Total foreign countries.
International and regional:
International..........
European regional.......
Latin American regional..
Asian regional.........
African regional........
Middle Eastern regional..
Total international
and regional...........
IJ
2/
15
-4
8
3
*
-1
-1
2
4,660
2,740
2,661
2.416
9
-235
244
-15
18
15
n.a.
-46
*
*
*
-
*
-
-3
_
_
-
1
_
_
_
i
_
_
_
_
n.a.
13
*
n.a.
-
-
-
18
13
15
*
*
-3
1
i
*
9
-235
241
-14
103
336
•
•
•
.
'
-
-46
*
4,678
2,753
2,675
___-h.P°
Through December 31, 1975, Suriname included with Netherlands Antilles.
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia,
and the United Arab Emitates (Trucial States).
3/
p.
*
Includes Algeria, Gabon, Libya and Nigeria,
Preliminary.
Less than $500,000.
n.a. Not available.
1
__ m ___
1
336
*
_
_
_
_
February 1979
123
---------------------------------------— CAPITAL MflVKMRMTg
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-7. - tfet Foreign Transactions in Long-Term Foreign Bonds'by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of captial from the United States)
■T“ .. " .....
1978
---
Country
1975
1976
1977
Europe•
Belgium-Luxembourg.......
Czechoslovakia........
Finland..................
France...................
German Democratic Republic.
Italy....................
U.S.S.R..................
Canada.
-52
16
n.a.
n.a.
6
1
-179
n.a.
33
*
n.a.
28
13
-199
n.a.
2
n.a.
4
6
196
*
30
*
-12
-47
-15
n.a.
n.a.
10
-56
-533
n.a.
-23
*
n.a.
-32
-5
-198
n.a.
3
n.a.
2
1
548
*
-107
-3
-110
-134
n.a.
n.a.
-62
-114
-166
n.a.
-9
12
n.a.
*
-5
-322
-1
1
n.a.
8
-315
498
*
151
_
1
-3
Guatemala................
Jamaica...... ............
Mexico......... ..........
Netherlands Antilles 1/....
Panama...................
Peru.....................
Trinidad and Tobago........
Uruguay................. .
Venezuela.......... ......
Other Latin America and
Caribbean.... ..........
Total Latin America and
Caribbean................
Asia:
China:
Hong Kong................
India....................
Indonesia................
Israel............. ......
Japan...... ............ .
Korea....................
Lebanon............... .
Malaysia..................
Pakistan.................
Philippines..............
Singapore................
Syria.................. .
Thailand.................
July
Aug.
Sept.
Oct.
Nov. p
*
-4
72
*
-12
1
*
1
-7
2
-37
-8
-180
-126
*
1
-3
3
-2
-99
ie
-89
-5
1
2
-1
*
-2
6
1
1
7
267
-1
17
*
-461
1
-16
-91
149
*
24
12
9
14
-1
3
*
-285
*
*
*
36
*
50
1
40
*
*
1
*
-
-16
*
1
2
*
-1
-3
*
*
*
4
-10
*
-120
_
_
1
28
*
ie
7
ie
7
*
-8
47
*
-2
-1
1
-2
-10
22
-1
ie
ie
*
-1
*
-4
3
5
ie
106
455
568
-319
61
-93
-8
-^29
-5,231
-2,205
-3,098
-168
-146
16
-713
-333
3
-72
n.a.
*
n.a.
3
1
n.a.
-4
-56
n.a.
-12
n.a.
3
-2
*
n.a.
6
33
214
-33
14
4
9
*
*
-3
-2
222
34
7
4
3
2
*
4
2
8
6
1
2
*
-1
7
5
-1
-7
*
*
*
*
-2
-25
-5
10
*
*
*
-3
*
22
-2
-6
9
-1
*
ie
-3
6
2
-1
*
1
-
*
*
2
2
2
-4
*
11
*
-6
*
*
ie
n.a.
n*a*
-177
66
-3
5
1
30
-117
43
1
3
2
n*a*
-169
20
11
1
24
3
-212
Dec. p
11
76
-3,102
Latin America and Caribbean.
Chile....................
1978 p
'
-133
34
7
*
-16
~36
-9
2
1
*
4
-1
*
ie
-14
2
ie
*
*
5
-1
*
*
*
*
1
25
23
69
1
-31
-1
17
2
4
-2
-9
*
*
7
1
-36
8
6
14
11
ie
5
“33
*
-11
-9
_2
,
-151
-6
-68
211
-13
-19
18
_
-9
14
2
*■
_
-1
22
*
*
_
51
29
21
4
.
-1
45
24
3
_
1
10
1
*
_
1
16
-
_
4
2
-
_
3
6
1
-
_
-1
-4
-
_
-1
-11
3
-
-316
-617
5
2
145
-258
19
4
7
13
-26
2
1
-13
7Q
1
-33
96
4
-10
168
-31
99
-1
4
-13
-1
_
*
-25
20
*
*
2
-9
-4
-2
-3
6
16
-387
-283
*
-276
-282
jl
“
ie
n*a*
n*a*
2
n a"
n*a*
n*a*
-348
n*a*
2
n*a*
*10
13
-2
1
14
-3
-56
2
1
_
_
_
*
_
_
Other Asia.................
24
71
213
253
53
-37
-1
54
25
-17
Total Asia................
-636
-805
-436
54
48
11
86
243
-26
30
Africa
Egypt........ ......... .
Ghana....................
Liberia..................
Morocco...................
South Africa.............
*
-3
3
7
_
n!a!
*
*
n!a!
*
5
4
-2
6
*
1
*
_
*
-1
4
34
*
-437
-24
4
36
5
-423
-162
7
-430
19
-181
-85
-156
12
Total Africa...............
Australia................
All other................
1
-1
-38
-3
-8
_
_
*
1
*
2
_
_
*
*
_
-112
*
2
.
-24
-113
*
3
*
2
2
5
1
2
1
1
5
2
2
*
6
*
_
_
_
-2
*
_
ie
_
Total other countries... .
-155
-411
-266
-144
7
3
2
7
3
6
Total foreign countries......
-4,145
-6,872
-3,538
-3,718
-294
-200
-2
-488
-468
128
International......... .
European regional........
Latin American regional....
Asian regional........ .
African regional...........
Middle Eastern regional....
-1,577
-345
-201
-70
-911
-590
-227
-175
-1,023
-461
-70
-2
282
-434
-19
-1
2
1
4
ie
36
-1
19
-208
*
5
*
15
31
*
10
n.a.
n.a.
n.a.
-2,193
-1,902
-1,557
-171
2
5
-6,338
-8,774
-5,095
-3,890
-291
-196
_
-
_
-
_
_
_
“
-
-
35
-189
20
_
Total international
Grand total.................
1/
p.
*
Through December 31, 1975, Suriname included with Netherlands Antilles,
Preliminary.
Less than $500,000.
n.a. Not available.
-677
-4
41
124
Treasury Bulletin
.CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-8. - Net Foreign Transactions in Foreign Stocks by Country
(In millions of dollars; negative figures indicate net.salesJbv foreigners or a net outflow oj capital from the United States)
1978
Calendar year
1978 p
Country
Austria............ .
Belgium-Luxembourg.......
Bulgaria................
Czechoslovakia..........
Denmark.................
Finland.................
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary............ .
Italy...................
Netherlands.............
Norway..................
Poland............ .....
Portugal................
Romania.................
Spain...................
Sweden..................
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
July
Dec, p
Aug.
-1
5
n.a.
n.a.
-1
-1
-24
n.a.
29
-34
n.a.
n.a.
-1 0
-27
n.a.
n.a.
*
-119
n.a.
18
2
*
1
1
n.a.
n.a.
18
-137
-8
n.a.
*
n.a.
n.a.
-11
-177
-2
4
1
n.a*
*
n.a.
-1
-1
49
-27
-5
2
2
1
-2
126
-2
-2
-2
-1
5
-41
-1
-13
-7
-87
Total Europe.,
Canada.
-10P
Latin America and Caribbem:
Argentina..............
Bahamas................
Bermuda...... ..........
Brazil.................
British West Indies.....
Chile..................
Colombia...............
Cuba...................
Ecuador................
Guatemala..............
Jamaica................
Mexico.................
Netherlands Antilles 1/..
Panama................ .
Peru....................
Trinidad and Tobago.....
Uruguay................
Venezuela..............
Other Latin America and
Caribbean............
Total Latin America and
Caribbean........... .
Asia:
China:
Mainland.............
Taiwan.............
Hong Kong........... .
India......... ..... .
Indonesia...........
Israel.... ..........
Japan...............
Korea......... .....
Lebanon.............
Malaysia............
Pakistan............
Philippines.........
Singapore...........
Syria...............
Thailand........... . •
.rM..
-2
n.a.
-7
n.a.
-sift
-29
n.a.
n.a.
n.a.
10
3
16
1
-1
1
-2
36
3
309
2
1
371
45
n.a.
n.a.
n.a.
*
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1
1
-1
-4
Total Asia..
Africa:
Egypt.,
*
11
-18
*
-1
Other Africa.,
Total Africa.,
Other wuntortoft:
Australia.....
All other.....
Total other countries....
Total foreign countries....
ana m w M l :
International..........
European regional.......
Latin American regional..
Asian regional..........
African regional........
Middle Eastern regional..
Total international
and regional...........
-188
If
*
-16
-3
-1
n.a.
n.a.
n.a.
2
-158
3
-9
15
-15
-17
Other Asia..
Liberia....
Morocco.....
South Africa..
Zaire........
-4
3
28
17
*
-323
Through December 31, 1975, Suriname included with Netherlands Antilles.
Less than $500,000.
p
Preliminary,
n.a. Not available.
February 1979
-------------------— --------------------------------------CAPITAL MOVEMENTS.___________________
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VT-9. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During December 1978 Preliminary
Gross purchases by foreigners
Gross sales by foreigners
Foreign
securiuxes
Domestic securities
Country
Total
purchases
(1)
Market
able
Treasury
& Federal
Financing
Bank bonds
& notes
(2)
Bonds
of U.S.
corp. and
Federallysponsored
agencies
(3)
Domestic securities
Corporate &
other
Bonds
(4)
Stocks
(5)
Bonds
Stocks
(7)
_ ( 6)
iferketable
Total Treasury
sales & Federal
Financing
Bank bonds
& notes
(9)
(8)
Bonds
of U.S
Gov't,
corp. and
Federallysponsored
agencies
(10)
Foreign
securityLes
Comorate &
other
Bonds
(11)
Stocks
(12)
Bonds
Stocks
(13)
(14)
*
55
“
*
4
“
"
.
Europe:
/a
48
.............
180
Italy....................
*
*
Wr)1?wtll>l>tlll.......
German Democratic Republic.
*
*
42
*
-
387
12
*
-
*
11
325
1
*
j?
*
22
-
-
*
*
Spain........ ........... !
7
-
-
*
Turkey.*................. I
417
1
1,081
U.S.S.R..................
Other Europe..............
1
79
*
Poland................... j
Portugal.................
2
27
331
10
-
2.285
527
138
155
320
49
5
37
2
*
6
1
224
1
248
2
18
"
1
3
26
*
2
“
*
★
13
★
"
it
~
"
"
"
“
"
2
9
179
”
“
3
23
4
"
"
“
3
99
*
36
2
*
*
”
2
7
96
1
3
“
*
*
*
**
7
77
5
*
“
*
*
-
1
-
1
26
42
*
*
12
278
38
5
22
312
1
1,108
“
2
*
“
”
*
*
*
2
36
"
"
1
2
116
2
62
1
*
“
*
2
19
20
8
21
*
~
it
*
*
”
*
•V
~
*
1
1
5
46
4
2
6
1
-
*
1
-
-
-
*
it
*
*
5
29
15
1
8
19
10
632
59
13
5
1
245
1
174
209
21
8
~
15
*
*
8
2
*
20
9
4
*
5
1
1
117
968
444
73
1,944
705
90
30
704
323
92
15
158
71
70
299
29
22
4
*
21
81
J?
*
-
i
Brazil...................
Chile....................
Colombia............. j
Cuba.....................|
Ecuador...... ........... .|
Guatemala........... ..... I
Jamaica.... ..............'
Mexico......... .......
Netherlands .Antilles... . J
Panama.....................
Peru.... ......... .......
Trinidad and Tobago...... .
Uruguay......... .
Venezuela................
Other Latin America and
Caribbean..............
49
100
4
15
18
71
1
it
1
*
*
*
*
*
*
*
*
_
*
14
59
15
★
11
1
5
g
it
it
it
*
it
*
8
it
1
46
4
*
*
*
_
_
_
_
*
_
_
*
1
5
10
6
3
*
*
*
11
1
1
*
17
*
"
"
"
“
“
"
“
*
“
*
“
4
"
"
"
14
10
“
*
it
it
*
I
it
3
1
*
158
95
1
“
“
m
~
in
_
I
*
*
*
*
it
it
it
*
4
*
7
1
1
55
g
it
50
60
7
*
37
2
*
1
2
it
*
it
*
*
1
1
20
_
58
it
2
Total Latin America and
278
*
*
it
3
*
2
3
*
2
x
2
1
4
]_
2
7
1
*
.
*
1
257
*
*
12
142
“
■
“
“
*
*
-
“
"
it
it
*
95
6
"
*
Asia:
China:
Taiwan........ .........
Hong Kong..................
India....................
Indonesia..................
Israel...................
Japan................ .
Korea................... .
T^har>nn.,,,,,,,,,,,,,,,,,,,
Malaysia...... ....... .
Pakistan......... *....
]_
55
3
-
”
27
441
*
3
1
55
“
f
16
“
*
”
1
40
1
*
1
18
*
2
*
25
275
“
“
1
*
*
1
1
8
3
”
6
2
54
“
*
~
”
"
*
“
11
it
it
3
25
-
-
*
■
"
~
"
“
"
it
"
3
18
*
1
”
“
43
6f
36
~
*
311
50
112
312
78
-
-
-
*
-
-
_
_
_
*
*
*
*
_
*
*
_
_
-
*
3
*
3
2
Other Asia...............
431
33
188
126
6
1
19
$
59?
165
293
975
88
192
143
131
341
80
1,032
169
*
-
_
_
-
*
-
-
*
1
*
*
*
2
1
*
5
-
-
Australia......... .
All other................
10
3
Total other countries......
13
International..............
European regional..<••.....
Latin American regional....
Asian regional.............
African regional.........
Middle Eastern regional....
*
-
_
*
*
1
2
_
1
5
_
_
-
*
_
-
_
-
1
6
-
-
*
3
★
6
3
1
_
4
5
*
3
9
1
10
-
*
2
Less than $500,000.
3
*
2
*
*
2
3
*
2
3
2
3
3,877
620
349
292
1,421
963
232
3,548
878
403
103
1,084
835
244
694
*
16
409
225
14
*
732
665
41
10
*
_
15
*
_
5
-
-
46
★
11
~
-
-
1
-
-
-
“
1
-
:
*
"
“
“
"
"
:
:
:
:
:
"
Total international and
*
it
“
"
_
_
-
7
*
*
5
"
-
*
1
15
*
1
“
~
it
"
*
*
"
"
56
176
1
69
"
*
"
“
_
”
*
7
"
_
_
-
it
"
18
Thailand..............
_
~
■
10
Slnffanare. -.... ..... ..
_
1
19
58
294
1
1
#
73
*
”
3
*
2
"
1
27
m
*
1
12
Africa;
Egypt....................
Ghana. ........... .
Liberia.................. '
Morocco............ ......
South Africa............. .
Zaire................... .
"
it
710
409
230
14
*
58
-
733
665
41
10
it
4,587
1,029
579
306
1,421
1,020
232
4,281
1,543
445
114
1,085
..
M,.
851
*
244
Treasury Bulletin
126
-CAPITAL MOVEMENTS.
Section VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-10. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During Calendar Year 1977
______ ____________________________ (In millions of dollars)_____
Gross sales by foreigners
Gross -purchases by foreigners
Domestic securities
Country-
Total
purchases
(1)
Austria.................
Belgium?-Luxembourg.......
Bulgaria................
Czechoslovakia..........
Denmark.................
Finland.................
France..................
German Democratic Republic
Germany.................
Greece..................
Hungary.................
Italy...................
Netherlands.............
Norway..................
Poland..................
Portugal................
Romania.................
Spain...................
Sweden..................
Switzerland.............
Turkey..................
United Kingdom..........
U.S.S.R.................
Yugoslavia..............
Other Europe............
213
774
n.a.
n.a.
72
302
1,627
n.a.
4,152
69
n.a.
183
1,626
96
*
13
n.a.
78
93
4,847
6
18,785
Market
able
Treasury
& Federal
Financing
Bank bonds
& notes
(2)
Bonds
U.S.
Gov't
corp. and
Federallysponsored
agencies
(3)
Corporate &
other
(4)
2
98
7
n.a.
n.a.
n.a.
n.a.
236
176
n.a.
2,681
40
7
n.a.
19
126
n.a.
n.a.
2
1
75
119
10
*
2
n.a.
n.a.
n.a.
2
*
21
677
159
11
26
35
12
304
34
34
11,833
1,819
n.a.
3
7
412
*
530
Canada................. .
Total Latin America and
Caribbean.............
Asia:
China:
Mainland.............. .
Taiwan................
Hong Kong...............
India.......... ........
Indonesia..............
Israel..."...............
Japan...................
Korea...................
Lebanon........ ........
Malaysia................
Pakistan................
Philippines.............
Singapore...............
Syria...................
Thailand................
Other Asia............ .
Total Asia..............
Total
sales
(5)
( 6)
44
374
n.a.
n.a.
13
7
929
26
243
n.a.
n.a.
57
17
316
973
42
n.a.
64
572
28
316
13
n.a.
93
104
n.a.
50
28
3,003
3
1,962
(7)
1
24
n.a.
n.a.
1
*
125
44
2
n.a.
3
10
n.a.
22
15
993
*
2,294
n.a.
2
1
101
3
345
( 8)
Market
able
Treasury
& Federal
Financing
Bank bonds
& notes
(9)
302
970
n.a.
n.a.
139
421
1,770
1,484
50
n.a.
216
1,092
381
4
6
n.a.
77
506
3,880
7
8,217
Bonds
of U.S.
Gov't
corp. and
Federallysponsored
agencies
(10)
n.a.
n.a.
&.a.
n.a.
241
153
n.a.
277
40
7
*
n.a.
4
54
Foreign
securities
Corporate &
other
(11)
(12)
(13)
35
453
137
377
n.a.
118
132
4&1
n.a.
325
*
n.a.
93
n.a.
3
7
338
n.a.
18
7
889
n.a.
682
47
n.a.
79
551
32
3
5
n.a.
57
35
2,851
6
*
*
252
1,349
2,143
648
n.a.
2
1
108
n.a.
136
1
n.a.
1
78
n.a.
25
36
1
1
99
68
33
14
3,431
3,333
83
695
3
47
68
79
7
168
*
4
n.a.
n.a.
138
749
191
15
24
19
333
124
30
70
11
205
2
64
3
5
47
1
n.a.
n.a.
64
514
72
n.a.
n.a.
45
56
34
11
2
3
11
24
5
46
n.a.
n.a.
5
23
3
___42
20,337
18
278
59
10
4,416
814
2
1
16
40
1
277
1
2
50
523
120
12,488
1,671
1
19
266
1
13
5
27
58
72
24
4
33
439
5
3
150
9
829
50
48
1
1
44
n.a.
2
1
114
5
n.a.
n.a.
1
72
1
222
153
60
461
57
-
2
214
36
22
1
*
9
48
*
155
3,231
1,466
1,015
34
323
4
1
375
2,179
438
14
27
239
7
43
2
2
1
*
349
1,055
20
233
1
243
437
75
519
30
426
7,530
3,066
1.907
2,605
1
4
73
2
n.a.
n.a.
298
614
151
13
*
12
477
l,97l
1,429
3
159
178
96
100
3,582
*
84
442
35
5
62
6.,242
861
18
343
*
115
726
1
74
11,,327
2,834
9
75
670
22
2
145
1,585
14
262
991
10
20
1
1
n.a.
14
330
495
7,155
9
191
392
64
5
n.a.
n.a.
332
2
51
n.a.
n.a.
*
1
132
n.a.
43
1
n.a.
13
264
1
2
1,031
1,650
23
304
1,240
110
(14)
_51
d
8,161
Total Europe............
Latin America and Caribbean:
Argentina...............
Bahamas......
Bermuda.................
Brazil..................
British West Indies......
Chile...................
Colombia................
Cuba....................
Ecuador.................
Guatemala...............
Jamaica............... .
Mexico..'................
Netherlands Antilles.....
Panama..................
Peru....................
Trinidad and Tobago......
Uruguay.................
Venezuela........... .
Other Latin America and
Caribbean.............
Domestic securities
Foreign
securities
12
6
520
1
5
37
50
12
531
1,157
1,689
551
Africa:
Egypt...................
frhqr»ft........... .
Liberia.................
Morocco.................
South Africa............
Zaire...................
Other Africa............
26
*
21$
402
72
162
247
234
Total Africa............
Other countries:
Australia...............
All other...............
Total other countries....
Total foreign countries....
International and regionalInternational...........
European regional.......
Latin American regional...
Asian regional..........
African regional........
Middle Eastern regional...
52
61,084
29,949
3,948
7,445
10,465
4
452
9,696
102
173
247
559
4
32
Total international and
regional..............
10,921
9,869
Grand total...............
72,005
39,818
*
Less than $500,000.
n.a. Not available.
4,297
3,442
14,154
215
103
1
129,
_27.
130
2,255
37,144
9,723
465
461
7
2,255
1,348
10,655
8,156
47,799
16,974
2,664
1,582
465
7,956
201
318
1,912 LI,419 10,983
158
4
102
2
1,585
1,961 11,479 13,134
2,665
February 1979
127
FOREIGN CURRENCY POSITIONS
Background
Data have been collected since 1974 on the foreign
currency positions of banks and nonbanking firms in the
United States, and on those of foreign branches, majorityowned
foreign
partnerships,
and
majority-owned
foreign
the instrument involved.
"Spot" means due for receipt or
delivery within two business days from the date of the report.
"Short-term" means maturing in one year or less from the date
of the report.
subsidiaries of United States banks and nonhanking firms.
Reports oover nine major foreign exchange market currencies
and United States dollars held abroad.
Reporting has been
required pursuant to Title II of Public Law 93-110, an
Amendment to the Par Value Modification Act, of September 21,
1973, and implementing Treasury regulations.
Statistics on
the positions will be published monthly in the Treasury
"Majority-owned
partnerships"
are
those
more nonbanking concerns of nonprofit institutions in the
United States, directly or indirectly, own more than 50
percent
profit
interest.
"Majority-owned
foreign
subsidiaries" are foreign corporations in which one or more
nonbanking
Bulletin, beginning with data for December 1975.
foreign
organized under the laws of a foreign country in which one or
business
concerns
or
nonprofit
institutions
located in the United States directly or indirectly own stock
The report forms and instructions used in the collection
of bank data were revised effective with reports as of October
29, 1975, for the weekly reports, and as of November 28, 1975
with more than 50 percent of the total combined voting power
of all classes of stock entitled to vote, or more than 50
percent of the total value of all classes of stock.
(the last business day of the month), for the monthly reports.
The most recent revision of the nonbank Foreign Currency
Reporting Threshold
forms (see below) became effective as of the last business day
of September 1978 for the monthly reports on nonb&nking firm's
positions in the United States.
The exemption level applicable to banks, and banking
institutions is $10 million equivalent.
The exemption level
applicable to nonbanking business concerns and nonprofit
institutions was $1 million equivalent on all nonbank forms
Common Definitions and Concepts
from March 1975 through November 1976, when it was raised to
The term "United States" means the States of the United
States, the District of Columbia, the Commonwealth of Puerto
$2 million equivalent on the monthly reports of positions
held in the United States.
Rico, American Samoa, the Canal Zone, Midway Island, the
Virgin Islands, and Wake Island.
The term "foreign" means
Firms must report their entire foreign currency position
term
in a specified foreign currency if a specified United States
"Worldwide" is used to describe the sum of "United States" and
dollar equivalent value is reached in any category of assets,
locations
other
than
the
"United
States".
The
liabilities, exchange contracts bought and sold, or the net
"foreign" data.
position in the currency.
Data for the United States include amounts reported by
In general, exemption levels are
applied to the entire firm in the United States and separately
sole proprietorships, partnerships, and corporations in the
to each foreign branch or subsidiary.
United States including the U.S. branches and subsidiaries of
foreign branches, majority-owned foreign partnerships and
foreign nonbanking concerns,
firms’
positions",
and
the
in the case of "nonbanking
agencies,
branches,
In reports on their
majority-owned foreign subsidiaries, Ifaited States banks and
and
nonbanks are required to report the United States dollar
subsidiaries located in the United States of foreign banks
denominated assets, liabilities, exchange contracts bought
and banking institutions, in the case of the weekly and
and sold, and net positions of those branches, partnerships,
monthly "bank positions".
and subsidiaries with reportable positions in the specified
foreign currencies.
Data for "foreign branches" and "abroad" include amounts
reported by the branches, majority-owned partnerships and
Description of Statistics
majority-owned subsidiaries of United States banking and
Data collected on the Treasury Foreign Currency forms
nonbanking concerns. In general, these data do not reflect
the positions of foreign parents or foreign parents*
are published in the Treasury Bulletin in ten sections.
subsidiaries
first section presents a summary of worldwide net positions
accounts.
located abroad except
through
intercompany
The data include the foreign subsidiaries of a few
foreign-owned U.S. based corporations.
in all of the currencies reported.
The
Sections II through IX
each present data on a specified foreign currency. Section X
presents the United States dollar positions of the foreign
Assets, liabilities, and foreign exchange contract data
are reported on the basis of time remaining to maturity as of
branches and subsidiaries of United States firms which are
the date of the report, regardless of the original maturity of
currencies.
required to report in one or more of the specified foreign
Treasury Bulletin
128
.FOREIGN CURRENCY POSITIONS.
Section I - Summary Positions
Table FCP-I-1. - Nonbanking Firms* Positions 1/
(In millions of foreign currency units)
Report date
Belgian
francs
Canadian
dollars
French
(1)
(2)
(3)
40,739'r
10,758 r
11,206
*6,943 r
7,023
U.S.
dollars 2/
Italian
lire
Japanese
yen
Swiss
francs
Steftig
(4)
(5)
(6)
(7)
(8)
*7,201 r
631,779 r
401,725 r
-748 r
1,299 r
-3,843 T
392,855
390,361
-829
1,476
-2,424
Japanese
yen
Swiss
francs
German
marks
7,068
Table FCP-I-2. - Weekly Bank Positions
(9)
If
(In millions of foreign currency units)
Report date
Belgian
francs
Canadian
dollars
French
francs
German
marks
Italian
lire
British
pound
U.S.
dollars 2/
(1)
460
135
-672
-785
(2)
(3)
(4)
(8)
(9)
-58
-98
-80
-70
-146
-59
-312
-281
1,373
1,080
1,021
859
63,250
58,396
63,045
55,235
65,059
65,311
50,069
45,133
236
194
-123
-138
-188
-149
-141
-175
107
232
232
444
1,268
533
286
245
-9
38
44
-76
-127
-152
-283
27
-552
-314
103
1,044
967
857
l,171r
754
67,571
66,864r
48,955
59,586
68,089
39,864
55,881
51,883
68,007r
70,293
-20
33
-88
-15
-97
-140
-146
-111
-136r
-138
224
402
174
192
55
6/07/78
6/14/78
6/21/78
6/28/78
-16
1,292
499
50
-129
-151
-132
-139
39
118
-521
-152
1,237
1,612
1,019
925
55,479
58,952
64,737
64,209
95,447
95,355
87,005
77,929
-23
162
97
-69
-138
-155
-167
-175
312
93
111
298
7/05/78
7/12/78
7/19/78
7/26/78
-445*
-1,108
-1,876
-1,114
-122
-133
-79
-63
115
81
-20
239
1,188
981
1,208
1,020
63,317
75,098
77,501
68,880
87,594
78,145
77,901
61,689
185
189
239
207
-83
-109
-113
-124
235
262
214
175
8/02/T8
8/09/78
8/16/78
8/23/78
8/30/78
9/06/78
9/13/78
9/20/78
9/27/78
142
-2,072
-1,999
-1,778
-955
-759
-1,462
-1,397
-718
“96
-134
-214
-131
-111
-122
-174
-112
-83
143
99
63
-111
67
-76
-55
-149
-500
1,272
1,505
1,417
732
594
822
731
1,031
184
62,230
59,328
63,610
52,466
59,332
59,392
70,823
37,394
-21,101
51,737
63,348
61,149
56,607
43,995
54,715
35,261
50,715
11,717
23
-30
64
-122
-35
111
24
-163
-246
-150
-104
-89
-148
-99
-162
-173
-142
-143
8
242
-78
395
1,003
644
806
506
72
Japanese
yen
Swiss
francs
British
pounds
4/05/78
4/12/78
4/19/78
4/26/78
5/03/78
5/10/78
5/17/78
5/24/78
5/31/78
'
(5)
(6)
(7)
Table FCP-I-3. - Monthly Bank Positions $/
(In millions of foreign currency units)
End of month
Belgian
francs
AUg...................... .
French
francs
(2)
(3)
-2,538
-23
-328
-2,266
-196
-2,640
-80
-3,410
-3,523
-4,136
-73
-158
-98
(1)
Apr........................ .
Canadian
dollars
German
marks
(4)
Italian
lire
U.S.
dollars 6/
(6)
(7)
(8)
(9)
-200
-401
-68
-96
-337
20,496
62,228
73,117
255
47,705
-136
26,139
1,761
6,827
73,301
18,387
61,034
-207
-225
-339
(5)
21,388
-275
-201
32
55
339
-322
-492
-695
339
-142
516
-137
-632
-85
-86
-666
-81
-68
40
27,423
129
February 1979
____ FOREIGN CURRENCY POSITIONS_ _ _ _ _
Section II - Belgian Franc Positions
Table FCP-II-1. - Nonbanking Firms’ Positions 1/
Short-term trade
Position
at end
of month
Liquid
assets 2/
Short
term
debt 2/
Forward exchange 8/
Receiv
ables l j
Pay
ables 5/
(4)
Other
assets £/
Other
liabil
ities 2/
Net
position 2/
Sold
Bought
Ex
change
rate IQ/
Positions
held by
offices in:
(1)
(2)
(3)
(5)
(6)
(7)
Apr.
May
1978
1978
n .a .
2,643
n .a .
1,316
2,387
2,465
957
801
5,407
5,474
2,160r
2,117r
7,6l8r
7,7lOr
10,144r
9,363r
3,294r
4,695r
32.2320
32.6950
United States
United States
June
June
June
1978
1978
1978
n .a .
n .a .
" 25,767
n .a .
n .a .
36,512
71,650
2,230
73,880
45,639
1,286
46,925
100,483
5,354
10$,837
80,099
1,911r
82,010r
3,180r
8,595r
ll,775r
l,883r
9,190r
ll,073r
35,527r
5,212r
40,739r
32.7280
32.7280
32.7280
Abroad
United States
Worldwide
July
Aug.
1978
1978
2,611
n .a .
1,120
n .a .
2,069
2,213
1,311
1,505
4,907
4,367
1,971
2,782
8,070r
9,724
9,437r
8,322
3,818r
4,800r
32.0510
31.3480
United States
United States
Sept.
Sept.
Sept.
1978
1978
1978
0
*
0
0
*
0
0
*
0
0
*
0
0
*
0
0
*
0
30.5600
30.5600
30.5600
Abroad
United States
Worldwide
(8)
0
*
0
(9)
0
*
0
(10)
0
*
0
Table FCP-II-2. - Weekly Bank Positions H/
(In millions of Belgian francs)
Assets and liabilities 12/
Banks in U.S.
Date
Assets Liabilities
Net
Foreign
branch
net
Exchange contracts 13/
World
wide
net
(5)
Banks in U.S.
Bought
- Sold,
Net
Foreign
branch
net
Net position
World
wide
net
World
Exchange
wide 1£/ rate 12/
(1)
(2)
(3)
4/05/78
4/12/78
4/19/78
4/26/78
633
166
140
177
615
-124
-12
78
9,349
9,192
8,306
9,362
9,964
9,068
8,294
9,440
28,642
28,334
28„753
34,612
1
31,000
30,008
30,230
37,122
-2,358
-1,674
-1,477
-2,510
-7,146
-7,259
-7,489
7,715
-9,504
-8,933
-8,966
-10,225
-1,743
-1,798
-1,489
-2,432
2,203
1,933
817
1,647
460
135
-672
-785
31.486
31,323
31.950
32.386
5/03/78
5/10/78
5/17/78
5/24/78
5/31/78
187
285
237
469
415
18
290
152
99
568
76
189
31
3?
-381
209
48
438
383
9,041
8,633
8,170
8,956
9,800
8,660
8,842
8,218
9,394
10,183
32,444
29,763
31,954
28,910
30,988
33,099
31,800
33,830
30,863
33,319
-655
-2,037
-1,876
-1,^53
-2,331
-6,737
-6,272
-6,056
-7,196
-7,861
-7,392
-8,309
-7,932
-9,149
-10,192
-1,036
-1,828
-1,828
-1,515
-1,948
2,304
2,361
2,114
1,760
1,939
1,268
533
286
245
-9
32.632
32.541
33.206
33.187
32.695
6/07/78
6/14/78
6/21/78
6/28/78
7/05/78
7/12/78
7/19/78
7/26/78
453
471
246
417
108
17
10
128
253
229
337
434
227
40
55
86
345
454
236
289
26
189
282
348
8,814
10,268
8,595
9,264
9,319
8,226
8,007
6,839
9,159
10,722
8,831
9,553
9,345
8,415
8,289
7,187
30,155
32,563
32,471
31,710
29,820
32,087
33,848
31',483
^2,681
34,797
34,399
34,165
31,622
34,198
36,181
33,748'
-2,526
-2,234
-1,928
-2,455
-1,802
-2,111
-2,333
-2,265
-6,649
-7,196
-6,404
-7,048
•*7,988
-7,412
-7,832
-6,036
-9,175
-9,430
-8,332
-9,503
-9,790
-9,523
-10,165
-8,301
-2,181
-1,780
-1,692
-2,166
-1,776
-1,922
-2,051
-1,917
2,165
3,072
2,191
2,216
1,331
814
175
803
-16
1,292
499
50
-445
-1,108
-1,876
-1,114
32.699
32.710
32.616
32.632
32.399
32.404
32.454
32.365
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
323
313
349
261
273
106
61
528
9
19
217
252
-179
252
254
8,440
7,533
8,346
7,532
8,766
8,657
7,785
8,167
7,784
9,020
29*626
31,378
33,385
28,971
28,896
31,974
33,990
35,811
31,774
31,492
-2,348
-2,612
-2,426
-2,803
-2,596
-7,451
-7,245
-7,740
-6,759
-7,379
-2,131
-2,360
-2,605
-2,551
-2,342
9/06/78
9/13/78
9/20/78
9/27/78
282
327
391
590
496
13
41
75
-214
314
350
515
9,310
10,694
9,231
11,329
9,096
11,008
9,581
11,844
30,159
29,626
28,408
30,,741
•32,358
32,066
, 131,049
jb,570
-2,199
-2,440
-2,641
-2,829
-7,656
-10,030
-8,337
-9,868
-9,799
-9,857
-10,166
-9,562
-9,975
-9,855
-12,470
-10,978
-12,697
989
288
606773
1,387
1,654
664
894
1,461
-1,142
-2,072
-1,999
-1,778
-955
-759
-1,462
-1,397
-853
32.127
31.374
30.817
31.348
31.373
31.230
31.140
30.895
30.540
Footnotes at end of Table FCP-X-3.
(4)
(6)
(8)...
'
(9)
(10)
United
Foreign
States 14/ branch
W
(11)
-2,413
-2,126
-2,291
-2,314
(13)
(14).. .
Section II - Belgian Franc Positions
Table FCP-II-3. - Consolidated Monthly Bank Positions
________________ (In millions cf 3elgian francs)
Worldwide
End
of
month
1978-Apr.
May.
July.
Aug.
Sept.
Maturity
Assets 19/
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot............
3 days-1 month.........
Over 1 month-3 months......
Over 3 months-6 months...
Over 6 months-1 year....
Over 1 year...........
Total of all maturities....
Capital assets, liabilities,
Summary ((7) + (8)).....
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot...........
3 days-1 month......... .
Over 1 month-3 months....
Over 3 months-6 months...
Over 6 months-1 year.... .
Over 1 year........... .
Total of all maturities....,
Capital assets, liabilities,
Summary ((7) + (8))..... .
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot........... .
3 days-1 month......... .
Over 1 month-3 months.....
Over 3 months-6 months... .
Over 6 months-1 year.... .
Over 1 year... ........ .
Total of all maturities....,
Capital assets, liabilities,
Summary ((7) + (8))......
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot........... .
3 days-1 month.........
Over 1 month-3 months.....
Over 3 months-6 months...
Over 6 months-1 year...*...,
Over 1 year............
Total of all maturities....,
Capital assets, liabilities,
Summary ((7) + (8))......
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot............
3 days-1 month.........
Over 1 month-3 months....
Over 3 months-6 months...
Over 6 months-1 year.....
Over 1 year............
Total of all maturities...
Capital assets, liabilities.
Summary ((7) + (8))......
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot............
3 days-1 month..........
Over 1 month-3 months....
Over 3 months-6 months....
Over 6 months-1 year.....
Over 1 year............
Total of all maturities...
Capital assets, liabilities.
Summary ((7) + (8))......
(1)
27,612
19,038
18,254
13,629
8,121
15,381
102,035
Balance sheet items
Liabilities
Net
(2)
(3)
30,710
25,138
17,888
9,737
3,644
6,210
93,327
-3,098
-6,100
366
3,892
4,477
9,171
8 708
o
Foreipi exchange contracts 20/
Sold
Net
(5)
(6)
25,074
40,822
37,765
32,227
18,655
2,155
'lf>6,696
24,285
41,426
42,113
33,734
22,014
1,905
"rs'
gffiT'
789
-604
-4,348
-1,507
-3,359
250
-8,779
Bought
(4)
Net
overall
position 21/
(7)
'“ 2,369
-6,704
-3,982
2,385
1,118
9,421
-71
2,859
5,326
-2,467
104,894
98,653
6,241
156,698
165,477
-8,779
-2,538
23,213
22,188
20,991
11,025
9,138
16,253
28,493
24,158
21,737
8,344
3,864
6,039
-5,280
-1,970
-746
2,681
5,274
10,124
16,640
30,711
38,133
35,102
15,153
2,538
18,497
28,832
41,729
38,621
18,564
2,046
-1,857
1,879
-3,596
-3,519
-3,411
492
-7,137
-91
-4,342
-838
1,863
10.706
102,808
92,635
10,173
138,277
148,289
-10,102
2,996
5,423
-2,427
105,804
98,058
7,746
138,277
148,289
-10,012
-2,266
22,342
20,910
19,884
10,864
9,568
15,863
30,347
24,448
17,275
8,663
3,738
6,024
-8,005
-3,538
2,609
2,201
5,830
9,839
15,028
37,936
33,699
37,493
14,388
1,815
13,505
38,103
37,139
41,273
17,620
1,658
-6,482
-3,705
-831
-1,579
2,598
9,996
99,431
90,495
8,936
140,359
149,298
1,523
-167
-3,440
-3,780
-3,232
157
-8,939
3,130
5,767
-2,637
102,561
96,262
140.359
23,280
149.298
21,900
-2,640
29,513
6,299
-3,442
-8,939
26,071
1,380
-2,062
25,077
15,650
8,271
6,509
15,907
26,102
14,682
9,628
3,948
5,558
-1,025
968
-1,357
2,561
10,349
34,518
36,176
34,503
14,119
3,172
33,578
37,275
41,899
15,925
3,722
940
-1,099
-7,396
-1,806
-550
-85
-131
-8,753
755
9.799
97,485
89,431
8,054
145,768
154,299
-8,531
3,276
6,209
-2,933
100,761
95,640
5,121
145,768
154,299
-8,531
-3,410
24,827
22,093
15,840
10,320
8,997
16,236
27,627
21,322
18,695
9,702
3,903
6,162
-2,800
771
-2,855
618
5,094
10,074
11,092
37.327
45,597
30,782
14.327
3,549
11,495
36,147
50,058
36,151
16,687
3.595
-403
1,180
-4,461
-5,369
-2,360
-46
-3,203
1,951
-7,316
-4,751
2,734
10.028
98,313
87,411
10,902
142,674
154,133
-11,459
3,362
6,328
-2,966
101,675
93,739
7,936
142,674
154,133
-11,459
-3,523
28,426
24,039
17,748
7,904
6,279
19,280
30,419
23,103
21,779
9,050
4,454
5,602
-1,993
2,936
-4,031
-1,146
1,825
13,678
23,162
40,054
43,629
29,032
17,531
3,957
23.548
38,960
49,892
34.549
IP,996
J,879
-386
1,094
-6,263
-5,517
-1,465
78
-2,379
4,030
-10,294
-6,663
360
13,756
103,676
92,407
11,269
157.365
169.824
-ia»4aa..
3,448
107,124
6,394
98,801
8,323
157,365
169,824
-12,459
-M9Q
-2,946
-4,136
-2.467
161
-2,427
-3
-2,637
-477
-2,933
-557
-2,966
i
*
I
§•
February 1979
131
____ FOREIGN CURRENCY POSITIONS______
Section III - Canadian Dollar Positions
Table FCP-III-1. - Nonbanking Firms’ Positions 1/
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 2/
Short
term
debt y
Receiv
ables i j
Pay
ables 5/
Other
assets &/
Other
liabil
ities 2/
Sold
Bought
Net
position 2/
Ex
change
rate 10/
Positions
held by
offices in:
(2)
308
(3)
414
(4)
664
(5)
3,532r
(6)
1,206
(7)
(8)
(9)
926r
2,541r
l,098r
(10)
0.8846
United States
1978
(1)
945r
l,l42r
320
421
681
3,594r
1,246
964r
2,600r
l,274r
0.8908
United States
June
June
1978
1978
2,746r
l,160r
5,226r
230
13,209r
452
6,598r
629
23,237r
3.53fir
18,564r
1.355‘
929r
903r
302r
2.510r
9,431r
1.327r
0.8900
0.8900
Abroad
United States
13,661r
1.832r
0.8900
Worldwide
Apr.
1978
May
June
1978
3,9Q6r
5,456r
7,227r
26,773r
19,919r
July
1978
l,353r
209
442
618
3,605r
1,477
748r
2,565
Aug.
1978
l,328r
213r
419r
612r
3,567r
l,515r
776
2,879r
Sept. 1978
Sept. 1978
Sept. 1978
3,102
1,147
4,249
4,755
207
4,962
13,022
454
13,476
6,566
484
7,050
23,331
4,226
27,557
18,615
1,519
20,134
2.812r
768
854
1,622
540
3,012
3,552
Table FCP-m-2. - Weekly Bank Positions
..
l,279r
0.8829
United States
871r
0.8689
United States
Abroad
United States
Worldwide
9,747
1,459
11,206
0.8445
0.8445
0.8445
H/
(In millions of Canadian dollars)
Assets and liabilities 12/
Banks in U.S.
Net
World
wide
net
Date
Assets
'
Liabilities
Exchange contracts 13/
Foreign
branch
net
Banks in U.S.
Bought
Sold
Net
Foreign
branch
net
Net position
World
wide
net
United
Foreign
States 1£/ branch
w
(12)
(11)
-167
109
-128
30
-113
33
-73
3
4/05/78
4/12/78
4/19/78
4/26/78
(1)
19ir.
979
861
1,114
(2)
4)3
539
422
669
(3)
444
440
439
445
(4)
202
256
263
242
(5)
646
696
702
687
(6)
12,992
12,975
13,508
13;580
(7)
13,603
13,543
14,060
14,098
(8)
-611
-568
-552
-518
_ (9)
-93
, -226
' -230
, -239
(10)
-704
-794
-782
-757
5/03/78
5/10/78
5/17/78
5/24/78
5/31/78
897
750
804
1,024
972
401
300
351
545
536
496
450
453
479
436
240
241
112
98
198
736
691
565
577
634
13,782
13,845
14,133
13,838
13,856
14,308
14,354
14,672
,14,444
14,427
-526
-509
-539
-606
-571
| -172
, -138
1 -102
1 -,98
, -215
-698
-647
-641
-704
-786
-30
-59
-86
-127
-135
6/07/78
6/14/78
6/21/78
6/28/78
748
852
799
759
357
386
340
336
391
466
459
423
143
122
201
113
534
588
660
536
13,817
13,681
13,774
13,637
,14,325
14,278
'14,379
14,177
-408
-597
-605
-540
-155
-142
-187
-135
-663
-739
-792
-675
7/05/78
7/12/78
7/19/78
7/26/78
1,061
895
843
835
539
396
379
326
522
499
464
509
156
169
214
138
678
668
678
647
13,377
13,216
13,384
13,312
13,997
13,857
13,934
13,905
-620
-641
-550
-593
-180
-160
! -207
-117
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
823
802
826
797
772
378
395
371
335
337
13,508
13,816
14,437
14,732
14,930
14,097
14,397
,15,083
15,358
15,538
-!>89
-38I
-646
-626
-608
911
855
1,003
987
482
429
504
511
223
204
146
145
279
248
172
173
210
668
611
601
607
714
9/06/78
9/13/78
9/20/78
9/27/78
445
407
455
462
435
429
426
499
476
677
598
672
686
14,933
15,660,
15,495
16,478
15,536
16,313
16,157
'17,108
-603
-653
-662
-630
-175
-164
-169
,-112
-217
-196
• -119
' -122
1 -159
Footnotes at end of Table FCP-X-3.
World
Exchange
wide 1£/ rate 12/
(13)
-58
-98
-80
-70
(14)
.8766
.8706
.8714
.8845
68
103
10
-17
38
44
-76
-127
-152
.8863
.8929
.8981
.8968
.8908
-117
-131
-146
-117
-12
-20
14
-22
-129
-151
-132
-139
.8920
.8919
.8892
.8884
-800
-801
-757
-710
-98
-142
-86
-84
-24
9
7
21
-122
-133
-79
-63
.8916
.8903
.8898
.8894
-764
-745
-815
-738
-825
-799
-772
-784
-789
-144
-174
-191
-164
-173
-174
-227
-163
-154
48
40
-23
33
62
52
53
51
51
-96
-134
-214
-131
-111
-122
-174
-112
-103
.8767
.8818
.8789
.8781
.8696
.8660
.8605
.8541
.8481
_
Section III - Canadian Dollar Positions
Table FCP-M-3. - Consolidated Monthly Bank Positions W
(In millions of Canadian dollars)
Worldwide
End
of
month
0) Demand/spot................... ......
(2) 3 days-1 month... ..... .............
(3) Over 1 month-3 months.............. .
(4) Over 3 months-6 months...............
(5)
(6) Over 1 year.......... .......... ,
)
(7) Total of all maturities...............
(8)
Capital assets, liabilities..........
(9) Summary ((7) + (8))....,............ .
May.....
Assets 12/
Balance sheet items
Liabilities
Net
(1)
(2)
(3)
Maturity
(1) Demand/spot................... ......
(2) 3 days-1 month.................... .
(3) Over 1 month-3 months.................
(4) Over 3 months-6 months.... ........ .
(5) Over 6 months-1 year........ .........
(6) Over 1 year........ ............. «... )
(7) Total of all maturities....... .......
(8)
Capital assets, liabilities........ .
(9) Summary ((7) + (8))..,.............. .
896
798
576
265
931
642
557
235
(4)
Foreign exchange contracts
Sold
20/
Net
(5)
(6)
-35
156
19
30
-71
603
1,432
2,694
4,668
3,853
1,773
428
1,481
2,865
4,675
4,112
1,936
478
-49
-171
-7
-259
-163
-50
14,848
15,547
-699
Net
overall
position 2i/
(7)
-84
-15
12
-229
-234
553
927
395
3,462
2,760
702
88
114
-26
3,550
2,874
676
14,848
15,547
-699
-23
740
831
568
292
828
685
668
259
862
3,293
1,465
3,470
4,443
3,816
1,695
481
1,526
3,404
4,755
3,930
1,896
526
-61
66
-312
-114
-201
-45
-149
212
-412
-81
-264
524
2.796
-88
146
-100
33
-63
569
497
15,370
16.037
-667
-
-170
356
90
3,383
2,912
730
751
658
301
773
739
588
335
^
Bought
^
116
-
-
-
-
-
3
-26
-26
471
15,370
16,037
-667
-196
-43
12
70
-34
1
577
908
3,859
4,649
3,427
1,928
617
891
3,917
4,867
3,507
2,277
590
17
-58
-218
-80
-349
27
-26
-46
-148
-114
-348
604
15.388
16.049
-661
-78
-2
-661
-80
-26
(1) Demand/spot.........................
(2) 3 days-1 month........ .............
(3) Over 1 month-3 months...... ..........
(4) Over 3 months-6 months...............
(5) Over 6 months-1 year...... ...........
(6) Over 1 year...,,..................... )
(7) Total of all maturities............ .
908
330
3,348
2,765
583
(8) Capital assets, liabilities...........
(9) Summary ((7) + (8))........... .
118 '
3,466
120
2,885
-2
581
15,388
16,049
607
882
1,688
2,910
5,043
3,064
1,838
587
1,706
3,094
5,051
3,225
2,117
580
-18
-184
-8
-161
-279
7
47
-291
8
-180
-235
602
-49
(
(1)
(2)
(3)
U)
(5)
(6)
672
775
571
297
218
748
555
316
174
153
65
-107
16
-19
44
595
(7)
3,281
2,687
594
15,130
15,773
-643
(8)
121
145
-
-
-24
(9)
3,402
2,832
-24
570
15,130
15,773
-643
August.,., (1)
705
803
425
300
145
-15
-77
2
79
558
692
1,674
3,925
5,073
2,795
2,004
759
16,410
1,744
3,931
4,844
3,379
2,602
736
17,236
-70 .....
-6
229
-404
-598
23
-826
-73
75
-21
152
-402
-519
581
-134
July.
(2)
(3)
(4)
(5)
Over 3 months-6 months................
(6)
(7)
.....
560.....
818
502
298
224
739
145
181
3,196
2,504
-24
(8)
Capital assets, laibilities............
128
152
-24
-
-
(9)
Summary ((7) + (8))...................
3,324
2,656
668
16,410
17,236
-826
-158
Sept... (1)
(2)
(3) Over 1 month-3 months..... ............
(4)
(5)
(6)
942
616
551
304
201
697
835
691
564
263
122
190
107
-75
-13
41
79
507
1,564
4,060
5,157
3,396
2,313
776
1,489
3,962
5,067
3,858
2,865
748
75
98
90
-462
-552
28
182
23
77
-421
-473
535
3,311
2,665
646
17,266
17,989
-723
-77
130
151
-21
-
3,441
2,816
625
17,266
17,989
(7)
(8)
Capital assets, laibilities...... .
(9)
Summary ((7) + (8))...................
-723
-21
-98
g3
s*
February 1979
133
____ FOREIGN CURRENCY POSITIONS
Section IV - French Franc Positions
Table FCP-IV-1. - Nonbanking Firms’ Positions 1/
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 2j
Short
term
debt 2/
Receiv
ables i j
Pay
ables 1 /
Other
assets £/
Other
liabil
ities 2 /
Bought
Sold
Net
position 2/
(8 )
Ex
change
rate 10/
Po
e*?+uJLUJUo
Ano
i
vol
held by
offices in:
(3)
(4)
(5)
(6 )
(7)
1978
(1 )
152
(2 )
Apr.
562
563
269
931
685
2,127r
2,962
(9)
-705r
4.6211
Hay
1978
165
486
567
211
927
690
l,865r
2,833
-696r
4.5914
United States
June
June
1978
1978
3,701
203
10,697r
477
26,834r
532
16,936r
246
23,745r
1,679
18,713r
776
834r
l,825r
2,286r
2,279r
6,482r
461r
4.5403
4.5403
Abroad
United States
June
1978
3,904
ll,174r
27,366r
17,182r
25,424r
19,489r
2,659r
4,565r
6,943r
4.5403
Worldwide
July 1978
Aug. 1978
285
276
370
361
541
286
1,219
896
l,667r
2,043r
117 T
4.3587
United States
481
212
1,276
866
1,757
1,986
383
4.3545
United States
Sept. 1978
3,029
9,913
23,326
12,837
22,017
16,941
720
2,049
7,352
4.3355
Abroad
Sept. 1978
272
372
456
188
1,340
824
1,227
2,240
-329
4.3355
United States
Sept. 1978
3,301
10,285
23,782
13,025
23,357
17,765
1,947
4,289
7,023
4.3355
Worldwide
(10)
United States
Table FCP-IV-2. - Weekly Bank Positions -gj
(In millions of French francs)
Assets and liabilities 12/
Banks in U.S.
Date
Assets Liabilities
Net
Exchange contracts 13/
Foreign
branch
net
World
wide
net
Banks in U.S. '
Bought
Sold
Net
Foreign
branch
net
Net position
World
wide
net
United
States
4/05/78
4/12/78
4/19/78
4/26/78
(1 )
698
718
n.a.
n.a.
(2 )
284
464
n.a.
n.a.
(3)
414
254
75
-117
(4)
2,226
1,843
2,257
1,563
(5)
2,640
2,097
2,332
1,446
(6 )
26,026
25,513
25,551,
24,589
(7)
26,809
26,086
26,124
24,877
1(8 ),
'-783
-573
•573
-288
(9)
-2,003
-1,583
-2,071
-1,439
(10)
-2,786
-2,156
-2,644
-1,727
(11)
-369
-319
-498
-405
5/03/78
5/10/78
5/17/78
5/24/78
5/31/78
739
752
n.a.
704
753
547
561
n.a.
456
422
192
191
133
248
331
1,419
1,045
1,289
1,373
1,500
1,611
1,236
1,422
1,621
1,831
23,840'
24,342
24,405
23,494
23,309
24,477
24,686
25,105
24,151
23,856
-637
-344
-700
-657
-547
-1,257
-865
-1,274
-1,278
-1,181
-1,894
-1,209
-1,974
-1,935
-1,728
-445
-153
-567
-409
-216
6/07/78
6/14/78
6/21/78
6/28/78
670
685
707
727
605
334
329
446
65
351
378
281
2,010
1,434
1,438
2,063
2,075
1,785
1,816
2,344
23,763
23,934
22,859
24,036
24,100
24,548
23,694
24,669
-337
-614
-835
-663
-1,699
-1,053
-1,502
-1,833
-2,036
-1,667
-2,337
-2,496
7/05/78
7/12/78
7/19/78
7/26/78
660
624
523
437
419
268
198
199
241
356
325
238
1,393
1,799
1,520
2,190
1,634
2,155
1,845
2,428
23,523
23,679 ,
23,578
23,717
23,875
2^,355
24,175
24,158
7 352
-676
-597
-441
-1,167
-1,398
-1,268
-1,748
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
455
486
514
620
679
220
403
234
463
317
235
83
280
157
362
1,349
1,621
1,457
1,714
1,723
1,584
1,704
1,737
1,871
2,085
22,269
22,276
23,207
21,698
22,018
22,761
22,595
23,658
22,233
22,726
-492
-319
-451
-535
-708
9/06/78
9/13/78
9/20/78
9/27/78
556
548
679
713
442
408
309
415
114
140
370
298
1,508
1,704
1,674
1,250
1,622
1,844
2,044
1,548
21,061
21,294
21,995
22,899
21,544
21,794
22,715
23,708
-483
-500
-720
-809
Footnotes at end of Table FCP-X-3.
Foreign
branch
12/
(12)
223
260
186
124
World
Exchange
wide 16/ rate 17/
(13)
-146
-59
-312
-281
(U )
4.5372
4.5393
4.5956
4.6179
162
180
15
95
319
-283
27
-552
-314
103
4.6125
4.6361
4.6631
4.6664
4.5914
-272
-263
-457
-382
311
381
-64
230
39
118
-521
-152
4.6041
4.5819
4.5704
4.5259
-1,519
-2,074
-1,865
-2,189
-111
-320
-272
-203
226
401
252
442
115
81
-20
239
4.4613
4.4623
4.4444
4.4024
-949
-1,286
-1,223
-1,447
-1,310
-1,441
-1,605
-1,674
-1,9-82
-2,018
-257
-236
-171
-378
-346
400
335
234
267
413
143
99
63
-111
67
4.3668
4.3535
4.2836
4.3802
4.3592
-1,215
-1,399
-1,473
-1,080
-1,698
-1,899
-2,19^
-1,889
-369
-360
-350
-511
293
305
201
170
-76
-55
-149
-341
4.3408
4.3440
4.3663
4.3625
Section IV - French Franc Positions
Table FCP-IY-3. - Consolidated Monthly Bank Positions W
End
of
month
Maturity
Assets 19/
(1)
Apr. ..(1) Demand/spot............
(2) 3 days-1 month..........
(3) Over 1 month-3 months....
(4) Over 3 months-6 months....
(5) Over 6 months-1 year.....
(6) Over 1 year............
(7) Total of all maturities...
(8) Capital assets, liabilities.
(9) Summary ((7) + (8))......
May. . (1) Demand/spot........
(2) 3 days-1 month......
(3) Over 1 month-3 months..
(4) Over 3 months-6 months.
(5) Over 6 months-1 year...
(6) Over 1 year........
(7) Total of all maturities...
(8) Capital assets, liabilities.
(9) Summary ((7) + (8))......
.
(D
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Demand/spot........
3 days-1 month......
Over 1 month-3 months..
Over 3 months-6 months.
Over 6 months-1 year...
Over 1 year........
Total of all maturities...
Capital assets, liabilities.
Summary ((7) + (8))......
July. . CD Demand/spot........ ......
(2) 3 days-1 month...........
(3) Over 1 month-3 months.....
(4) Over 3 months-6 months....
(5) Over 6 months-1 year......
(6) Over 1 year..............
(7) Total of all maturities...
(8) Capital assets, liabilities.
(9) Summary ((7) + (8)).......
(1) Demand/spot..............
(2) 3 days-1 month...........
(3) Over 1 month-3 months.....
(4) Over 3 months-6 months....
(5) Over 6 months- 1 year.....
(6) Over 1 year..............
Balance sheet items
Liabilities
(2)
Net
overall
position 21/
(7)
Net
(3)
Bought
(4)
m exchange contracts
Sold
(5)
-1,395
479
476
546
1,305
188
5,696
10,955
13,550
12,160
4,012
620
5,485
12,012
13,933
12,047
4,761
485
211
-1,057
-383
113
-749
135
-1,184
-578
93
659
556
323
46,993
48,723
-1,730
-131
Net
(6)
6,478
4,708
2,922
1,649
7,873
4,229
2,446
1,103
2,954
1,461
18,711
17,112
1,599
391
588
-197
19,102
17,700
1,402
46,993
48,723
-1,730
-328
-1,746
1,080
606
207
1,355
284
9,318
9,614
13,963
11,784
4,183
635
9,354
9,702
15,016
12,062
4,544
507
-36
-88
-1,053
-278
-361
128
-1,782
992
-447
-71
994
412
49,497
51,185
-1,688
98
1,413
49,497
51,185
-1,688
-537
416
423
-120
1,536
201
7,567
10,560
15,149
11,519
4,158
1,980
7,509
11,012
15,693
11,515
4,840
1,845
58
-452
-544
4
-682
135
50,933
52,414
-1,481
5,889
5,485
2,720
1,604
7,635
4,405
2,114
1,397
3,110
1,471
18,808
17,022
1,786
413
19,221
786
17,808
-373
5,297
4,383
3,431
2,181
5,834
3,967
3,008
2,301
-479
-36
-121
-116
854
336
3,224
1,487
18,516
16,597
1,919
425
808
-383
18,941
17,405
1,536
50,933
52,414
-1,481
55
5,664
4,247
3,575
1,958
6,948
3,854
3,584
1,258
-1,284
393
-9
700
1,688
172
6,848
10,665
13,497
9,933
3,808
1,967
6,551
11,246
13,692
10,747
4,112
1,978
297
-581
-195
-814
-304
-11
-987
-188
-204
-114
1,384
161
1,660
46,718
48,326
46,718
10,818
13,534
8,844
2,976
2,214
48,326
""5,523
11,655
13,560
9,691
3,185
2,032
-1,608
-17-837
-26
-847
-209
182
43,892
45,646
-1,754
3,355
1,495
18,799
17,139
-8.3319,253
17,967
6,761
4,283
3,504
1,667
52
“374
3,612
1,540
1,286
-1,234
285
171
360
1,647
425
19,409
17,755
1,654
Capital assets, liabilities.
474
866
-392
Summary ((7) + (8)).......
19,883
18,621
1,262
43,892
45,646
-1,754
-492
Sept.. (1) Demand/spot..............
(2) 3 days-1 month...........
(3) Over 1 month-3 months.....
(4) Over 3 months-6 months....
(5) Over 6 months- 1 year.....
(6) Over 1 year..............
6,324
4,923
3,713
2,054
7,681
4,591
3,480
1,380
-1,357
332
233
674
1,078
539
7,933
10,745
13,711
7,500
2,538
2,494
7,943
10,191
14,896
8,404
2,176
2,572
-10
554
-1,185
-904
-178
-78
-1,367
886
-952
-230
900
461
44,921
46,722
-1,801
-302
44,921
46,722
-1,801
August
(7)
Total of all maturities...
(8)
5,527
4,568
3,675
2,027
3,345
1,728
20,359
18,860
1,499
Capital assets, liabilities.,
497
890
-393
Summary ((7) +(8)).........
20,856
19,750
1,106
(7)
Total of all maturities...
(8)
(9)
5,566
-322
-1,251
-552
145
-487
1,438
607
-100
y
I
§
I?
135
February 1979
.FOREIGN CURRENCY POSITIONS,
Section V - German Mark Positions
Table FCP-V-1. - Nonbanking Firms’ Positions 1/
Short-term trade
Position
at end
of month
Apr.
May
1978
1978
Jun.
Jun.
Jun.
1978
1978
1978
July
1978
Aug.
1978
Sept.
Sept.
Sept.
1978
1978
1978
Liquid
assets £ /
Short
term
debt y
(D
l,179r
l,020r
(2)
8,551r
933r
9.484r
1,005
(5)
Other
liabil
ities 2/
(6)
(9)
-24r
-360r
(10)
2.0743
2.0827
United States
United States
l,305r
2,603r
3,908r
l,620r
2,032r
3,652r
1,797
7,598r
-397r
7,201r
2.0740
2.0740
2.0740
Abroad
United States
Worldwide
2,480r
2,335r
15,134r
936
16.070
447
ll,334r
1,366
12,700r
581
20,181r
1.352
21,533r
1,467
17,658r
2.335
19,993r
2,427
l,456r
2,452
3,051
17,937
2.389
20,326
1,808
2.692
4,500
6,628
500
7,128
14,59/
319
14,916
10,339
1,228
11,567
19,404
1.644
21,048
Positions
held by
offices in.
(8)
2,064r
2,107r
l,369r
l,376r
616
Ex
change
rate 10/
(7)
3,162r
2,893r
(4)
1,233
1,290
317
Net
position 2/
Sold
Bought
(3)
503
547
490
960r
8,030
1.013
9,043
Pay
ables y
Receiv
ables i j
460r
464
6,961r
488r
7.449r
477
Forward exchange 8/
Other
assets £/
59
2.0329
United States
2,123
103
1.9906
United States
1,689
1,729
3,418
7,246
-178
),068
1.9398
1.9398
1.9398
Abroad
United States
Worldwide
2,422.
Table FCP-V-2. - Weekly Bank Positions
11/
(In millions of German marks)
Assets and liabilities 12/
Banks in U.S.
Foreign
branch
net
Exchange contracts 13/
World
wide
net
Banks in U.S.
Foreign
branch
net
Net position
World
wide
net
United
States 1ly
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
Foreign
branch
15/
(12)
4/05/78
4/12/78
4/19/78
4/26/78
870
857
769
897
715
680
653
679
155
177
116
218
4,714
4,459
4,043
4,081
4,869
4,636
4,159
4,299
32,672'
32,650
35,946
35,482
-268
-435
-421
-649
-3,228
-3,121
-2,717
-2,791
-3,496
-3,556
-3,138
-3,440
-113
-258
-305
-431
1,486
1,338
1,326
1,290
1,373
1,080
1,021
859
2.0090
2.0111
2.0555
2.0797
5/03/78
5/10/78
5/17/78
5/24/78
5/31/78
949
867
874
845
1,098
911
526
550
590
664
38
341
324
255
434
3,704
3,793
3,848
3,757
2,808
3,742
4,134
4,172
4,012
3,242
35,249
36,335
37,614
35,957
33,635
32,940
33,085
36,367
36,131
35,642
37,011
38,477
36,435
34,202
-393
-676
-863
-4'78
-567
-2,305
-2,491
-2,452
-2,363
-1,921
-2,698
-3,167
-3,315
-2,841
-2,488
-355
-335
-539
-223
-133
1,399
1,302
1,396
1,394
887
2.0772
2.0901
2.1247
2.1299
2.0827
6/07/78
6/14/78
6/21/78
6/28/78
1,011
1,035
1,018
1,011
449
482
470
457
3,924
3,500
3,641
3,985
4,373
3,982
4,111
4,442
-3,136
-2,370
-3,092
-3,517
-383
-78
-299
-293
1,620
1,690
1,318
1,218
416
388
377
328
3,947
4,266
3,672
2,905
4,363
4,654
4,049
3,233
37,351
36,328
35,339
36,444
33,135
' 35,133
' 38,746
, 37,016
-2,304
-1,810
-2,323
-2,767
961
971
912
909
36,519
35,768
34,570
35,694
32,787
34,591
38,311
36,431
-832
-560
-769
-750
7/05/78
7/12/78
7/19/78
7/26/78
562
553
548
554
545
583
535
581
1,044
967
857
1,171
754
1,237
1,612
1,019
925
-348
-542
-435
-585
-2,827
-3,131
, -2,406
-1,628
-3,175
-3,673
-2,841
-2,213
68
-154
-58
-257
1,120
1,135
1,266
1,277
1,188
981
1,208
1,020
2.0557
2.0577
2.0566
2.0525
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
792
979
935
863
904
474
672
553
608
724
318
307
382
255
180
2,734
2,570
2,974
2,180
1,923
3,052
2,877
3,356
2,435
2,103
35,471
40,137
40,763.
39,213
38,317
1 35,871
40,338
41-,236.
39,869
38,754
-400
-201
-473
-656
-437
-1,380
-1,171
-1,466
1' -1,047
-1,072
-1,780
-1,372
-1,939
-1,703
-1,509
-82
106
-91
-401
-257
1,354
1,399
1,508
1,133
851
1,272
1,505
1,417
732
594
2.0367
1.9870
1.9598
2.0073
1.9908
9/06/78
9/13/78
9/20/78
9/27/78
870
919
838
874
682
613
710
643
188
306
137
231
2,425
2,007
J*678
2,420
2,613
2,313
1,815
2,651
36,684
38,275
36,945
36,571
37,042
38,918
37,203
37,073
-358
-643
-258
-502
1 -1,433
-939
1 -526
-1,005
-1,791
-1,582
-784
-1,507
992
1,068
1,152
1,415
822
731
1,031
1,114
1.9811
1.9764
1.9609
1.9385
Date
Assets Liabilities
(1)
(2)
Footnotes at end of Table FCP-X-3.
Net
(3)
Bought
Sold
Net
-170
-337
-121
-271
World
Exchange
wide 16/ rate 17/
(13)
(14)
2.0900
2.0870
2.0740
2.0778
Section V - German Mark Positions
Table FCP-V-3. - Consolidated Monthly Bank Positions
c\
(In millions of German marks)
Worldwide
End
of
month
Maturity
Assets 19/
(1)
1978-Apr... (1)
(2)
(3)
(4)
(5)
(6)
Demand/spot......... ........ ^........
3 days-1 month.......................
Over 1 month-3 months................
Over 3 months-6 months................
Over 6 months-1 year.............. .
Over 1 year........ ..................
(7) Total of all maturities............ .
(8)
Capital assets, liabilities........ .
(9) Summary ((7) + (8))...................
May..., (1) Demand/spot................ ........
(2) 3 days-1 month... .......... ........
(3) Over 1 month-3 months................
Over 3 months-6 months.........
(5) Over 6 months-1 year.................
W) Over 1 year........ .................
(7) Total of all maturities..... .........
(8)
Capital assets, liabilities...........
(9) Summary ((7) + (8))............... .
June.. (1)
(2)
(3)
(4)
(5)
(6)
3 days-1 month... ....... ....... .
Over 1 month-3 months................
Over 3 months-6 months........... .
Over 6 months-1 year......... .
Over 1 year.........................
(7)
Balance sheet items
Liabilities
Net
(2)
(3)
Bought
Foreien exchange contracts 20/
Sold
(4)
(5)
-2,978
2,241
1,743
1,772
•*,706
2,328
14,686
17,643
21,881
19,239
13,044
14,521
18,924
23,744
18,888
12,578
90,556
1.760
57,964
-641
1,687
11,065
15,947
13,320
5,353
4,988
4.643
55,316
-2,511
-2,050
1,062
1,884
1,798
2.934
3,117
8,714
14,369
13,762
7,002
6,626
8.059
58,532
12,370
17,347
11,521
5,259
4,854
... ,&f8 M
56,204
1.119
59,651
8,554
13,897
14,382
7,237
6,786
7.577
58,433
Net
(6)
Net
overall
position 21/
(7)
92,444
165
-1,281
-1,863
351
466
OIL
-1,888
-3,491
-4,259
378
2,094
2,238
a /.an
440
90,556
92,444
-1,888
-201
13,330
18,303
22,071
19,298
12,682
3.980
89,664
12,820
20,032
23,977
19,288
12,087
3,820
92,024
510
-1,729
-1,906
10
595
160
-2,360
-2,001
-3,779
-844
1,894
2,393
3,094
757
-641
........ -7i5... "
1,095
1,820
-725
59,528
57,136
2,392
89,664
92,024
-2,360
8,898
16,472
12,190
7,037
6,262
8.014
58,873
11,294
18,377
10,493
4,937
4,826
4.909
54,836
-2,396
-1,905
1,697
2,100
1,436
3.105
4,037
11,565
20,416
21,811
18,815
11,563
4,191
88,361
11,699
23,516
22,511
18,6J7
10,970
4,090
91,463
-134
-3,100
-700
138
593
101
-3,102
32
-2,530
-5,005
997
2,238
2,029
3,206
...... 93'3... ’
Capital assets, liabilities...........
1,084
1,680
-596*
(9) Summary ((7) + (8))..................
59,957
56,516
3,441
88,361
91,463
-3,102
339
month-3 months................
months-6 months..... ..........
months-1 year................ .
year.........................
8,067
13,718
12,906
7,909
6,035
7,782
9,827
16,678
12,255
5,514
4,716
4,853
-1,760
-2,960
651
2,395
1,319
2,929
16,044
16,548
23,090
18,776
11,690
4,517
16,512
17,825
23,351
19,282
10,766
4,452
-468
-1,277
-261
-506
924
65
-2,228
-4,237
390
1,889
2,243
2,994
(7) Total of all maturities...............
56,417
53,843
2,574
90,665
92,188
-1,523
1,051
Capital assets, liabilities...........
1,054
1,766
-712
57,471
55,609
1,862
90,665
92,188
-1,523
339
Demand/spot.........................
3 days-1 month.... ..................
Over 1 month-3 months...... ..........
Over 3 mOnths-6 months................
Over 6 months-1 year...... ...........
Over 1 year............... ...... .
7,271
14,019
14,443
9,408
5,792
8,338
9,714
16,494
14,273
7,056
4,439
5,161
-2,443
-2,475
170
2,352
1,353
3,177
15,051
23,914
23,623
18,424
12,664
4,740
15,290
25,881
23,565
19,285
11,516
4,629
-239
-1,967
58
-861
1,148
111
-2,682
-4,442
228
1,491
2,501
3,288
(7) Total of all maturities.... ..........
98,416
100,166
-1,750
(8)
July.., (1)
(2)
(3)
(4)
(5)
(6)
(8)
Over
Over
Over
Over
1
3
6
1
(9) Summary ((7) + (8)).............. .
Aug.... (1)
(2)
(3)
(4)
(5)
(6)
59,271
57,137
2,134
Capital assets, liabilities...........
1,221
1,747
-526
(9) Summary ((7) + (8))..................
(8)
-596
-712
384
-526
60,492
58,884
1,608
98,416
100,166
-1,750
-142
Demand/spot......... ....... ........
3 days-1 month.......................
Over 1 month-3 months........... .
Over 3 months-6 months..... ....... .
Over 6 months-1 year..................
Over 1 year...... ...................
8,349
12,796
13,801
10,528
4,831
8,687
11,298
15,624
12,505
8,079
3,643
5,045
-2,949
-2,828
1,296
2,449
1,188
3,642
15,673
17,678
24,374
17,179
12,410
5,052
15,553
19,195
24,755
18,173
11,422
5,052
-2,829
-4,345
915
1,455
2,176
3,642
(7) Total of all maturities...............
58,992
56,194
2,798
92,366
94,150
120
-1,517
-381
-994
988
o
-1,784
(8) Capital assets, liabilities...........
(9) Summary ((7) + (8)).............. .
1,245
1,743
-498
60,237
57,937
2,300
Sept... (1)
(2)
(3)
(4)
(5)
(6)
1,014
-498
92.366
94.150
-1.784
516
s
%
Is
8*
8
-
February 1979
137
FOREIGN CURRENCY POSITIONS,
Section VI - Italian Lira Positions
Table FCP-VI-1. - Nonbanking Firms’ Positions 1/
(In millions of Italian lire)
Forward exchange 8/
Short-term trade
Position
at end
of month
Liquid
assets 2J
Short
term
debt 2/
Receiv
ables l j
Pay
ables *>/
Other
assets £/
Other
liabil
ities 2/
Bought
Sold
Net
position 2/
Ex
change
rate 10/
Positions
held by
offices in:
Apr.
1978
(1)
8,588
(2)
138,798
(3)
150,878
(4)
10,729
(5)
34,391
(6)
30,234
(7)
74,555
(8)
187,030
(9)
-98,379
(10)
868.06
United States
May
1978
8,825
151,729
143,431
11,423
93,581
29,953
82,869
126,542
9,059
865.80
United States
June
june
1978
1978
461,267
8,831
1,302,235
151,281
3,347,012
129,179
l,647,-451r
12,387
2,004,705
37,957
2,073,127t
31,068
176,188
88,831
324,728r
79,914
641,631r
-9,852
854.34
854.34
Abroad
United States
June
1978
470,098
1,453,516
3,476,191
n.a.
n.a.
152,124
2.104.195r
31,575
265,019
1978
ii659,838r
12,558
2,042,662
July
404.642r
93,774
-2,446
Aug.
1978
n.a.
n.a.
132,684
32,355r
114,633
105,483r
-7,029r
Sept.
Sept.
Sept.
1978
1978
1978
519,888
9.497
529,385
1,499,182
171,061
1,670,243
3,130,578
148,006
3,278,584
94,343
128,870
223,213
244,421
118,093
362,514
r
12,497 *
1,563,361
13,373
1,576,734
36,005
42,082Jr
2,058,715
41,944
2,100,659
98,017'
2,096,755
32,740
2,129,495
'
399,805
-6.950
392,855
854.34
Worldwide
842.28
835.77
United States
United States
824.50
824.50
824.50
Abroad
United States
Worldwide
Table FCP-VI-2. Weekly Bank Positions!!/
(In millions of Italian lire)
Assets and liabilities 12/
Banks in U.S.
Date
Assets
Liabilities
Net
Foreign
branch
net
Exchange contracts 13/
World
wide
net
Banks in U.S.
Bought
Sold
Net
(1)
(2)
(3)
(4)
(5)
4/05/78
4/12/78
4/19/78
4/26/78
n.a..
45,997
n.a.
44,654
n.a.
11,082
n.a.
10,904
36,500
34,915
29,650
33,750
125,780
131,456
126,987
146,948
162,280
166,371
156,637
180,698
1,176,526
1,168,497
1,214,888
1,249,120
1,219,088
1,216,925
1,264,455
1,305,107
5/03/78
5/10/78
5/17/78
5/24/78
5/31/78
14,399
11,983
12,031
11,469
12,083
n.a.
n.a.
n.a.
n.a.
25,044
40,274
42,896
49,213
47,378
148,718
186,816
139,615
192,669
142,628
173,762
227,090r
182,511
241,882
190,006
1,264,430
1,209,717
1,134,845
1,045,092
1,058,366
6/07/78
6/14/78
6/21/78
6/28/78
39,443
52,257
54,927
60,682
59,461
n.a.
n.a.
n.a.
n.a.
47,404
54,499
39,462
53,465
188,044
158,720
129,706
141,373
235,448
213,219
169,168
194,838
988,519 1,057,307 -68,788
921,938
994,238 ,-72,300
952,048 1,001,693 _A9,645
944,401 1,009,358 '-64,957
7/05/78
7/12/78
7/19/78
7/26/78
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
56,153
46,445
63,515
59,838
59,703
59,888
63,216
n.a.
53,416
21,392
19,641
20,184
20,729
29,472
21,190
20,541
n.a.
12,513
34,761
26,804
43,331
39,109
176,524
155,688
172,614
135,539
946,219
927,457
934,501
853,174
99lji960
959,,648
981,170
896 ,,382
30,231
38,698
42,675
48,555
40,903
141,763
128,884
129,283
96,430
109,243
123,490
81,178
85,403
90,497
139,474
162,188
123,853
133,958
131,400
816,070
861,224
799,710
865 ,',205
903,018
966,700
891,596
969,800
964,408 1,037,566
9/06/78
9/13/78
9/20/78
9/27/78
53,551
73,608
76,478
85,458
13,642
18,575
18,635
30,420
39,909
55,033
57,843
55,038
136,863
97,587
100,892
92,739
176,772
152,620
158,735
147,777
Footnotes at end of Table FCP-X-3.
(6)
Foreign
branch
net
Net position
World
wide
net
United
Foreign
States 1Li branch
^
15/
(12)
(ID
World
Exchange
wide 16/ rate 17/
(8)
(9)
(10)
•42,562
-48,428
-49,567
-55,987
-56,468
-59,547
-44,025
-69,476
-99,030
-107,975
-93,592
-125,463
-6,062
-13,513
-19,917
-22,237
69,312
71,909
82,962
77,472
(13)
63,250
58,396
63,045
55,235
j!4)^
850.79
850.70
860.96
868.43
1,300^473 -36,043
-70,148
1,263,487 -53,770 -106,456
1,207,344 '-72,499
-61,057
1,113,>991 i'-6j8,899 -113,,397
1,122,'228 -613,862
-58,055
-106,191
-160,226
-133,556
-182,296
-121,917
-10,999
-13,496
-29,603
-19,686
-16,484
78,570
80,360
78,558
79,272
84,573
67,571
66,864
48,955
59,586
68,089
867.68
869.38
872.79
872.22
865.80
-179,969
-154,267
-104,431
-130,629
-21,384
-17,801
-10,183
-11,492
76,863
76,753
74,920
75,701
55,479
58,952
64,737
64,209
861.51
859.29
855.80
855.43
'-^5,741
!732,191
M p , 669
,1-43,208
->67,466 -113,207
-48 ,'399 -80,590
-48 ,'444 -95,113
-23,451
-66,659
-10,980
-5,387
-3,338
-4,099
74,297
80,485
80,839
72,979
63,317
75,098
77,501
68,880
847.10
848.54
845.67
844.24
.-45,154
-65,495
i-63,682
-7I
8,204
-73,158
-32,090
-37,365
3,439
-3,288
1,090
-77,244
-102,860
-60,243
-81,492
-72,068
-14,923
-26,797
-21,007
-29,649
-32,255
77,153
86,125
84,617
82,115
91,587
62,230
59,328
63,610
52,466
59,332
841.84
834.12
824.74
842.11
835.07
911,620
988,658 -77,038
970,435 1,051,371 .-80,936
1,023,451 1,130,404 -10]6,953
1,114,940 1,198,465 -83,525
-40,342
-861
-14,388
-4*630
-117,380
-81,797
-121,(541
-88,155
-37,129
-25,903
-49,110
-28,487
96,521
96,726
86,504
88jl09
59,392
70,823
37,394
59,622
831.85
832.88
826.75
821.25
(7)
-111,181
-81,1967
-54,786
-65,672
.
Treasury Bulletin
138
.FOREIGN CURRENCY POSITIONS.
Section VII - Japanese Yen Positions
Table FCP-VII-1. - Nonbanking Firms* Positions y
(In millions of Japanese yen)
Short-term trade
Position
at end
of month
Liquid
assets 2j
Apr.
1978....
May.
1978....
(1)
n.a.
n.a.
June
June
1978....
1978.
251,601
77,506
June
1978....,
329,107
July.
1978....
Aug.
1978.. .
Sept.
Sept.
Sept.
1978....
1978___
1978___
Short
term
debt 2/
Receiv
ables i j
(2)
n.a.
n.a.
(3)
17,038
19,062
(4)
33,994 r
24,292r
288,217r
3,594
293,811r
579,702r
17,114
367,577
30,645
596,8l6r
398,231r
3,230
17,444
3,441
18,547
21,569
20,600r
275,180
1,641
276,821
613,529
14.493
628,022
84,271
75,298r
255,622
72,047
>327,669
Forward exchange 8/
Pay
ables 5/
383,707
17.550
401,257
Other
assets £/
Other
liabil
ities 2/
(5)
36,867r
37,425r
Net
position 2/
Ex
change
rate 10/
Positions
held by
offices in:
Bought
Sold
(6)
9,7806
9,862r
(7)
164,113r
167,885r
(8)
164*169r
152,573r
(9)
97,500r
107,970r
(10)
225.33
220.14
United States
432,679r
39,645
472,3241:
362,943r
10,251
373,194*
53,101
162,248r
215,349r
12,053
136f582r
148,635r
286,293r
115,432r
203.60
203.60
Abroad
United States
401,725r
203.60
Worldwide
43,232
17,714
16,063r
19Q,977r
T37,” 42T
189.04
United States
44,606r
412,488
13,925
426,413
445,535
49,14*
494,681
' ■l56,26§r"j
United States
172,968r
145,734r
125,581r
191.53
United States
40,871
135,089
175,960
4,894
126,586
131,480
279,288
111,073
390,361
189.25
189.25
189.25
Abroad
United States
Worldwide
Table FCP-VII-2. - Weekly Bank Positions n /
(In millions of Japanese yen)
Assets and liabilities 12/
Banks in U.S.
Date
Assets Liabilities
Net
Foreign
branch
net
Exchange contracts 13/
World
wide
net
Banks in U.S.
Bought
Sold
Net
Foreign
branch
net
Net position
World
wide
net
United
Foreign
States 1L> branch
15/
(12)
(ID
44,026
21,639
19,641
45,670
5,828
44,241
563
44,570
(1)
21,354"
110,233
98,609
90,049
(2)
9,716
10,861
8,183
8,194
(3)
111,638
99,372
90,426
81,855
(4)
517,583
503,351
508,031
508,600
(5)
629,221
602,723
598,457
590,455
(6)
2,211,968
2,162,116
2,225,597
2,180,183
(7)
2,302,567
2,241,847
2,310,195
2,261,475
(8)
-90,599
-79,731
-84,598
-81,292
(9)
-473,563
-457,681
-463,790
-464,030
(10)
-564,162
-537,412
-548,388
-545,322
5/03/78
5/10/78
5/17/78
5/24/78
5/31/78
69,495
72,150
71,180
77,732
60,985
7,288
6,833
6,531
8,741
17,009
62,207
65,317
64,649
68,991
43,976
488,121
493,158
483,698
503,125
505,593
550,328
558,475
548,347
572,116
549,569
2,132,943
2,102,069
2,235,705
2,134,436
2,131,628
2,201,884
2,157,656
2,299,019
2,200,317
2,170,327
-68,941
-55,587
-63,314
-65,881
-38,699
-441,523
-447,007
-433,150
-438,228
-440,577
-510,464
-502,594
-496,464
-504,109
-479,276
-6,734
9,730
1,335
3,110
5,277
6/07/78
6/14/78
6/21/78
6/28/78
69,189
69,055
72,404
102,043
18,407
16,952
12,554
17,910
50,782
52,103
59,850
84,133
515,225
502,099
486,666
511,417
566,007
554,202
546,516
595,550
2,177,994
2,421,757
2,226,982
2,249,530
2,203,045
2,454,618
2,266,264
2,318,872
-25,051
-32,861
-39,282
-69,342
-445,509
-425,986
-420,229
-448,279
-470,560
-458,847
-459,511
-517,621
7/05/78
7/12/78
7/19/78
7/26/78
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
79,738
82,840
79,137
86,095
96,731
86,178
90,526
84,423
79,037
12,923
11,146
6,075
11,732
17,329
8,126
14,984
8,480
11,400
66,815
71,694
73,062
74,363
79,402
78,052
75,542
75,943
67,637
470,238
433,571
463,702
463,259
463,423
467,412
468,863
459,506
453,306
537,053
505,265
536,764
537,622
542,825
545,464
544,405
535,449
520,943
2,030,399
2,080,252
2,189,753
2,273,792
2,274,724
2,327,719
2,364,408
2,402,252
2,336,282
2,077,449
2,128,967
2,241,581
2,345,652
2,353,558
2,398,275
2,441,216
2,477,823
2,408,332
-47,050
-48,715
-51,828
-71,860
-78,834
-70,556
-76,808
-75,571
-72,050
-402,409
-378,405
-407,035
-404,073
-412,254
-411,560
-406,448
-403,271
-404,898
9/06/78
9/13/78
9/20/78
9/27/78
77,213
76,484
75,832
74,882
12,872
6,960
15,396
7,852
64,341
69,524
60,436
67,030
457,451
447,489
448,742
521,792
517,013
509,178
504,583
2,147,616
2,235,180
2,046,092
2,078,527
2,209,849
2,317,704
2,117,544
2,147,949
-62,233
-82,524
-71,452
-69,422
-404,844
-399,228
-387,011
-381,093
’4/05/78
4/12/78
4/19/78
4/26/78
Fooonooes a I exiu jf Table FCP-X-3.
437,553
World
Exchange
wide 1£/ rate 17/
(!3)
§5,659
65,311
50,069
45,133
(14)
2i8.2Z
218.58
221.02
224.79
46,598
46,151
50,548
64,897
65,016
39,864
55,881
51,883
68,007
70,293
225.26
222.28
227.71
228.34
220.14
25,731
19,242
20,568
14,791
69,716
76,113
66,437
63,138
95,447
95,355
87,005
77,929
220.90
215.45
211.08
205.76
-449,459
-427,120
-458,863
-475,933
-491,088
-482,116
-483,256
-478,842
-476,948
19,765
22,979
21,234
2,503
568
7,496
-1,266
372
-4,413
67,829
55,166
56,667
59,186
51,169
55,852
62,415
56,235
48,408
87,594
78,145
77,901
61,689
51,737
63,348
61,149
56,607
43,995
201.55
203.20
201.33
193.84
186.31
187.86
185.44
191.70
188.95
-467,707
-481,752
-458,463
-450,515
2,108
-13,000
-11,016
-2,392
52,607
48,261
61,731
56,460
54,715
35,261
50,715
54,068
190.15
188.55
188.28
188.70
Section VII - Japanese Yen Positions
Table FCP-VII-3. - Consolidated Monthly Bank Positions
18/
5s
Worldwide
End
of
month
Apr.
Net
(1)
(2)
(3)
(4)
Demand/spot.............
3 days-1 month.......... .
Over 1 month-3 months.... .
Over 3 months-6 months...
Over 6 months-1 year.....
Over 1 year.......... ...
292,909
505,952
871,290
160,327
41,997
36,220
481,090
346,068
353,354
76,057
22,231
36,688
-188,181
159,884
517,936
84,270r
19,766
-468
573,625
812,058
1,395,172
763,533
375,115
25.482
591,569
1,020,259
1,584,169
877,083
370,370
30.585
-17,944
-208,201
-188,997
-113,550
4,808
-5.103
Total of all maturities....,
1,908,695
1,315,488
593,207
31,985
33,977
-1,992
3,944.985
-
4.473.972
-
-528.987
Capital assets, liabilities,
1,940,680
1,349,465
591,215
3,944,985
4,473,972
-528,987
62,228
Demand/spot.............
3 days-1 month.......... .
Over 1 month-3 months....
Over 3 months-6 months...
Over 6 months-1 year.....
Over 1 year.............
176,004
478,863
824,462
182,035
49,704
36,970
415,833
282,058
373,212
84,835
28,986
6,918
-239,829
196,805
451,250
97,200
20,718
30,052
526,219
1,108,387
1,112,412
781,364
367,424
26,593
528,605
1,251,268
1,321,009
894,672
386,931
21,197
-2,386
-142,881
-208,597
-113,308
-19,507
5,396
-242,215
53,924
242,653
-16,108
1,211
35,448
Total of all maturities....
1.748.038
32,608
1.191.842
34,404
556.196
-1,796
- 3.922.399 -
4.401r682
-481,283
Capital assets, liabilities
74.913
-1,796
Summary ((7) + (8))......
1,780,646
1,226,246
554,400
3,922,399
4,403,682
-481,283
73,117
Demand/spot............ .
3 days-1 month..........
Over 1 month-3 months....
Over 3 months-6 months...
Over 6 months-1 year.....
Over 1 year.............
149,385
470,376
817,021
199,313
51,045
36. <166
1,723,506
377,776
358,656
299,684
105,950
31,234
-214,393
-35,399
310,788
-25,513
-16,900
p .t794
Summary ((7) + (8))......
Demand/spot.............
3 days-1 month......... .
Over 1 month-3 months....
Over 3 months-6 months...
Over 6 months-1 year.....
Over 1 year.............
Sept.
(6)
(5)
64.220
1.184,985
538.521
-2,672
4,166,515
0
4.654.659
0
-488,144
0
1,756,700
1,220,851
535,849
4,166,515
4,654.659r
-488.144
47,705
224,707
436,328
820,047
217,485
62,215
31,805
416,265
256,522
391,376
116,973
40,285
20,453
-191,558
179,806
428,671
100,512
21,930
11,352
648,711
976,099
1,365,919
994,429
340,731
30.111
700,185
1,110,812
1,543,651
1,063,880
386,99C
24.908
-51,474
-134,713
-177,732
-69,451
-46,259
-243,032
45,093
250,939
31,061
Total of all maturities....
1,792,587
1,241,874
550.713
4.356.000
4,830,426
-474.426
Capital assets, liabilities,
Summary ((7) + (8))........
33,598
1,826,185
36,584
1,278,458
-2.986
547,727
0
4,356,000
O
4,830,426
-474,426
Demand/spot..............
3 days-1 month...........
Over 1 month-3 months.....
Over 3 months-6 months......
Over 6 months-1 year......
Over 1 year........... .
178,668
485,061
790,928
200,402
67,268
30,742
418,926
299,829
369,112
112,944
45,246
14,147
-240,258
185,232
421,816
87y458
22,022
16,595
476,802
1,122,470
- 938,752
344,757
33,367
517,304
1,379,181
1,288,733
1,014,680
401,039
32,402
-40,502
-134,443
-166,263
-75,928
-56,282
965
Total of all maturities....,
1,753,069
1,260,204
492,865
4,160,886
4,633,339
-472,453
20,412
Capital assets, Liabilities,
34,894
36,919
-2,025
0
0
0
-2,025
Summary ((7) + (8)).......
1,787,963
490,840
-208,842
156,695
374,517
141,925
3,947
13,915
4,160,886
448,552
857,739
1,312,741
760,395
338,795
88,019
-472,453
18,387
248,441
480,085
778,375
250,546
52,372
34,129
1,297,123
457,283
323,390
403,858
108,621
48,425
20,214
4,633,339
Demand/spot............. .
3 days-1 month..........
Over 1 month-3 months....
Over 3 months-6 months...
Over 6 months-1 year........
Over 1 year............. .
469,197
978,151
1,478,548
851,067
359,601
87,295
-20,645
-120,412
-165,807
-90,672
-20,806
124
-229,487
36,283
208,710
51,253
-16,859
14,639
Total of all maturities....,
1,843,948
1,361,791
482,157
3,806,241
4,223,859
-417,618
64,539
Capital assets, Liabilities,
35,641
39,146
-3,505
Summary ((7) + (8))...... .
1,879,589
1,400,937
478,652
' -417,618
-3,505
61,034
4,223,859
vo
-1.992
13,998
-147,119
-206*,549
-188,876
-36,711
7,113
3,806,241
VO
^sl
571
465,540
1,216,317
1,585,463
962,145
398,663*
26r531
1,244,738
&
-206,125
-48,317
328,939
-29,280
24,574
479,538
1,069,198
1,378,914
843,269
361,952
33,644
Capital assets, liabilities
Aug.
Bought
-228,391r
111,720
517,337
93,363
19,811
94,681
Total of all maturities....
July...
Net
overall
position 21/
(7)
Balance sheet items
Liabilities
Summary ((7) + (8))......
May.
Foreisen exchange contracts 20/............
r
Sold
Net
Assets 19/
Maturity
5,203
n
..... .
. __
___
-2,672
-24,329
_______ 1£»555---76,287
-!L. 986--73,301
-280,760
50,789
255,553
11,530
-34,260
17,560
VO
Treasury Bulletin
140
____ FOREIGN CURRENCY POSITION
Section VIII - Swiss Franc Positions
Table FCP-VIH-1. - Nonbanking Finns’ Positions
Short-term trade
Position
at end
of month
Liquid
assets £ /
Short
term
debt 2/
Receiv
ables l j
1/
Forward exchange £/
Pay
ables 5/
Other
assets 6/
Other
liabil
ities 2/
Sold
Bought
Net
position 2/
Ex
change
rate 10/
(10)
Positions
held by
offices in:
Apr.
1978
(1)
675
(2)
1,252
(3)
40
(4)
203
(5)
485
(6)
2,850
(7)
1,563*
( 8)
607v
(9)
-2,l49r
May
1978
591
1,261
36
202
467
2,737
l,455r
589r
-2,240r
June
June
1978
1978
1,795
596
1,131
1,182
1,470
35
812
197
3,814
466
3,839
2,650
474r
l,296r
402
481r
l,369r
-2,177r
June
1978
2,391
2,313
1,505
1,009
4,280
6,489
l,770r
883r
-748r
July
1978
579
1,063
38
186
456
2,482
l,001r
337r
-1,994
1.73
United States
Aug.
1978
558
1,053
57
184
343
2,394
l,076r
398r
-1,995t
United States
Sept., 1978
Sept., 1978
Sept., 1978
1,598
560
2,158
1,027
1.081
2,108
1,507
22
1,529
745
192
937
3,306
355
3,661
3,327
2.362
5,689
337
976
1,313
367
389
756
1,282
-2,111
-829
1.64
1.55
1.55
1.55
1.95
1.88
United States
1.85
1.85
1.85
Abroad
United States
United States
Worldwide
Abroad
United States
Worldwide
Table FCP-VHI-2. - Weekly Bank Positions a /
(In millions of Swiss francs)
Assets and liabilities 12/
Banks in U.S.
Date
Assets Liabilities
Net
(1)
433
498
545
504
606
525
475
463
490
640
546
559
546
(2)
583
(3)
-150
494
583
605
Foreign
branch
net
Exchange contracts 13/
World
wide
net
Banks in U.S.
Bought
(6)
Sold
Net
Foreign
branch
net
Net position
World
wide
net
United
States
Foreign
branch
W
(12)
15,244
14,060
15,429
14,804
(7)
15,265
14,263
15,759
15,200
. («>
-21
-203
-330
-396
(10)
4
-38
-101
(5)
2,240
2,241
1,930
1,772
(9)
2,390
2,237
1,968
1,873
-1,983
-1,844
-1,723
-1,514
-2,004
-2,047
-2,053
-1,910
(11)
-171
-199
-368
-497
569
412
386
428
382
610
430
471
451
37
113
89
35
108
30
116
88
95
1,813
2,006
2,023
2,152
2,432
2,163
2,188
2,148
2,416
1,850
2,119
2,112
2,187
2,540
2,193
2,304
2,236
2,511
14,416
14,633
14,669
14,583
13,374
14,847
14,301
13,677
14,183
14,833
15,092
15,215
14,933
13,843
15,188
14,714
13,976
14,610
-417
-459
-546
-350
-469
-341
-413
-299
-427
-1,453
-1,627
-1,654
-1,852
-2,168
-1,875
-1,729
-1,840
-2,153
-1,870
-2,086
-2,200
-2,202
-2,637
-2,216
-2,142
-2,139
-2,580
-380
-346
-457
-315
-361
-311
-297
-211
-332
407
3 "
24i
359
360
379
369
300
264
288
459
308
263
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
520
607
627
641
600
565
555
525
543
397
518
483
507
547
454
420
535
466
123
89
144
♦134
53
111
135
-10
77
2,148
2,272
2,208
2,237
2,207
2,310
2,138
2,209
1,891
2,271
2,361
2,352
2,371
2,260
2,421
2,273
2,199
1,968
12,464
13,718
13,889
14,399
13,677
13,993
14,743
14,639
13,986
12,761
13,984
14,235
14,654
14,049
14,500
15,206
15,032
14,346
-297
-266
-346
-255
-372
-507
-463
-393
-360
-1,789
-1.906
-1,767
-1,909
-1,865
-1,944
-1,746
-1,928
-1,643
-2,086
-2,172
-2,113
-2,164
-2,237
-2,451
-2,209
-2,321
-2,003
-174
-177
-202
-121
-319
-396
-328
-403
-283
9/06/78
9/13/78
9/20/78
9/27/78
581
5-18
518
564
480
454
480
562
101
64
38
2
1,973
1,746
1,841
1,971
2,074
1,810
1,879
1,973
13,847
13,878
13,561
13,208
14,234
14,296
14,012
13,556
-387
-418
-451
-348
-1,576
-1,368
-1,591
-1,733
-1,963
-1,786
-^,042
“2,081
-286
-354
-413
-346
4/05/78
4/12/78
4A9/78
4/26/78
5/03/78
5A0/78
5A7/78
5/24/78
5/31/78
6/07/78
6A4/78
6/21/78
6/28/78
7/05/78
7/12/78
7/19/78
7/26/78
Footnotet. at end of Table FCP-X-3.
(4)
1
World
Exchange
wide 16/ rate 17/
(14)
(13)
236
194
-123
-138
1.8549
1.8643
1.9558
1.9558
-20
33
-88
-15
-97
-23
162
97
-69
1.9560
1.9691
1.9831
1.9710
1.8786
1.9113
1.8921
1.8639
1.8623
359
366
441
328
342
366
392
281
248
185
189
239
207
23
-30
64
-122
-35
1.8182
1.8213
1.8100
1.7828
1.7136
1.6935
1.6064
1.6591
1.6491
397
378
250
238
111
24
-163
-108
1.6133
1.5900 ✓
1.5310
1.4955
Section VIII - Swiss Franc Positions
Table FCP-VIII-3. - Consolidated Monthly Bank Positions
W
(In millions of Swxss francs)
Worldwide
End
of
month
Assets 19/
(2 )
(1 )
Apr.
May.
(6 )
(5)
(4)
Net
overall
position
(7)
Net
-361
-1,333
-166
928
504
487
15,385
1,884
29,566
-1,825
59
275
534
-259
0
0
0
-259
(9)
15,-660
14,035
1,625
29,566
31,391
' -1,825
-200
1,030
3,570
3,535
2,627
1,383
1,211
214
-450
923
1,240
206
387
3,549
6,125
6,831
6,354
4,174
1,007
3,901
7,006
8,151
6,634
3,922
1,050
-352
-881
-1,320
-280
252
-43
-138
-1,331
-397
960
458
344
-2,6i4
-104
(7) Total of all maturities...............
(1)
(2) 3 days-1 month.... ................ ..
(3) Over 1 month-3 months........ ........
(4)
(5)
(6)
1,244
3,120r
4,458
3,867
1,589
1,598
15,876
““ .......... 24T ..
(9)
Summary ((7) + (8 )),...,........ .
(1)
(2)
(3)
(4)
(5)
(6 )
Demand/spot.......... ....... .
3 days-1 month... ...................
Over 1 month-3 months.... ............
Over 3 m6nths-6 months...... .........
Over 6 months-1 year............ .
(9)
Demand/spot.........................
3 days-1 month........... ............
Over 1 month-3 months.... ............
Over 3 months-6 months... ..... .
Over 6 months-1 year..................
Over 1 year.........................
13,356
1 --------- 35D-----
-229
-632
836
1,353
21
535
4,254
4,824
8,431
6,507
4,605
945
----- -- 2 , 5 % -------- =797.. . “
28,040
‘
""0—
-132
-701
-1,002
-425
483
-48
21/
(8)
(7)
(8)
Sept.
(3)
Foreign exchange contracts 20/
Sold
4,386
5,525
9,433
6,932
4,122
993
31,391
1,079
2,595
4,663
3,846
1,616
1,586
(8)
Aug.
Bought
Net
1,308
3,227
3,827
2,493
1,595
1,051
13,501
(1 )
(2 )
(3)
(4) Over 3 months-6 months................
(5)
(6 ) Over 1 year.........................
(7)
July.
sheet items
Liabilities
Balance
Maturity
30,644
.
1
0
U
-297
J.Oj JLi.7
13,896
2,223
28,040
30,664
-2,624
-401
19Z,\JH
3 998
Off
3 848
1
A1 5
J.9OiJ
1.695
930
4,394
3,143
2 461
1 162
l!275
274
-396
619
1,387
453
420
4,235
6,065
6,943
5,976
3,830
1.064
4,787
7,354
7,672
6,144
3,654
1,124
-552
-1,289
-729
-168
176
-60
-278
-1,685
-110
1,219
629
360
16.122
13.365
2,757
28,113
30,735
-2,622
135
274
545
-271
0
0
0
-271
16*396
13,910
2,486
28,113
30,735
-2,622
-136
4,527
6,756
8,408
6,329
3,409
1,152
-157
-1,251
-932
84
148
-66
-60
-1,983
47
1,326
502
239
1,329
3,302
4,513
3,780
1,432
1,583
1,232
4,034
3,534
2,538
1,078
1,278
97
-732
979
1,242
354
305
4,370
5,505
7,476
6,413
3,557
1,086
(7) Total of all maturities...............
15.939
13.694
2,245
28,407
30,581
-2,174
71
(8)
(9)
Capital assets, liabilities......... .
Summary ((7) + ( 8 ) ) ............................................
270
16,209
548
14,242
-278
1,967
0
28,407
0
30,581
0
-2,174
-278
-207
(1)
(2)
(3) Over 1 month-3 months
(4)
(5) Over 6 months-1 year.....................
(6)
1,287
3,277
4,374
3,678
1,493
1,593
1,189
3,497
3,960
2,545
1,171
1,315
98
-220
414
1,133
322
278
4,142
6,971
7,310
6,455
3,988
1,152
4,099
7,942
8,192
6,345
4,238
1,156
43
-971
-882
110
-250
-4
141
-1,191
-468
1,243
72
274
(7)
15,702
13,677
2,025
30,018
31,972
-1,954
71
(8)
269
565
-296
0
0
0
-296
(9)
15,791
14,242
1,729
30,018
31,972
-1,954
-225
1,017
3,453
4,262
3,500
1,404
1,636
1 133
3^720
3,584
2,730
1,121
1,288
"116
-967
678
770
/.y ID
OCA
H
KJ
5j379
4,592
6,222
8 213
%liQ
J*tO
0 *
7ni
3)
/U1
1,488
-458
-1,110
724
411
154
210
15,272
13,576
1 696
*_
1,JDU
-Q 1 ,
-342
-843
46
-359
-129
-138
on qiq
-1,765
278
548
1A
J
.4*j1 0A
-270
(1)
(2 )
(3)
(4)
(5)
(6 )
(1)
(2)
(3)
(4)
(5)
(6)
Demand/spot....... ..................
3 days-1 month.......... .............
Over 1 month-3 months................
Over 3 months-6 months................
Over 6 months- 1 year................
Over 1 year.........................
(7)
Total of all maturities.... ....... .
(8) Capital assets, liabilities...... .....
(9) Summary ((7) + (8))..................
15 550
±JLH
4.0J
1,426
-69
-270
29,174
30,939
' ---
.li ft
&
VO
^1
VO
142
Treasury Bulletin
____ FOREIGN CURRENCY POSITIONS
Section IX - Sterling Positions
Table FCP-IX-1. - Nonbanking Firms’ Positions
Short-term trade
Positxon
at end
of month
Liquid
assets 2j
Short
term
debt 2/
Pay
ables J5/
Receiv
ables i j
1/
Forward exchange £/
Other
assets 6/
Other
liabil
ities 2/
Apr.
19*8
(1)
57
(2)
116
(3)
227
(4)
265
(5)
363
(6)
321
May
1978
70
124
240
207
363
June
June
1978
1978
1,457
80
2,033r
139
4,5l5r
226
3,556r
209
June
1978
1,537
2,172r
4,741r
July
1978
73
160
221
Aug.
1978
80
182
Sept.
1978
1,523
Sept.
1978
Sept.
1978
Bought
Net
position 2/
Sold
Ex
change
rate 10/
Positions
held by
offices in:
(8)
1»488r
1,520r
(9)
-9r
-68r
(10)
1.8235
335
(7)
l»534r
l,445r
1.8379
United States
6,226r
407
5,230r
349
312r
l,257r
349r
l,316r
1,342r
-43r
1.8529
1.8529
Abroad
United States
3,765r
6,6331*
5,579r
l,569r
l,665r
l,299r
1.8529
Worldwide
196
411
362
1,401r
l,435r
-47r
1.9324
United States
219
193
379r
356
l,433r
l,399r
- 19r
1.9429
United States
1,997
4,469
3,370
6,363
5,467
362
410
1,473
1.9673
Abroad
93
175
218
204
421
347
1,312
1,315
3
1.9673
United States
1,616
2,172
4,687
3,574
6,784
5,814
1,674
1,725
1,476
1.9673
Worldwide
Table FCP-IX-2. - Weekly Bank Positions
United States
11/
(In millions of pounds)
Assets and liabilities 12/
Banks in U.S.
Date
Assets Liabilities
Net
Exchange contracts 13/
Foreign
branch
net
World
wide
net
Bought
(4)
-88
-78
-150
-105
(5)
-21
14
-61
-26
Banks in U.S.
World
wide
net
Net
(6)
8,487
8,492
9,071
8,977
(7)
8,681
8,685
9,268
9,187
-194
-193
-197
-210
(9)
27
30
117
61
(10)
-167
-163
-80
-149
9,277
9,708
10,011
9,778
9,868
79
117
5
67
83
119
108
82
87
-110
-75
-228
-152
-121
-68
-67
-121
-148
-77
-132
-133
-110
-134
-128
-117
-143
-53
-69
-94
-112
-92
-115
-103
-85
-131
-75
-170
-161
-209
-170
-141
-142
-94
-153
(8)
(2)
4/05/78
4/12/78
4-/19/78
4/26/78
114
123
119
109
47
31
30
30
5/03/78
5/10/78
5/17/78
5/24-/78
5/31/78
6/07/78
6/14/78
6/21/78
6/28/78
7/05/78
7/12/78
7/19/78
7/26/78
127
116
137
129
159
112
126
128
122
97
92
120
109
104
91
74
103
98
-127
-163
-3
-93
-121
-161
-162
-149
-125
-30
-71
117
16
-17
-70
-88
-46
-27
9,088
9,516
9,778
9,559
9,664
10,227
10,444
10,069
10,034
10,414
10,619
10,272
10,269
-189
-192
-233
-219
-204
-187
-175
-203
-235
136
125
122
137
30
24
17
20
55
21
52
25
24
28
25
32
50
108
100
90
87
-114
-77
-70
-101
-6
23
20
-14
9,663
10,174
10,105
10,512
9,840
10,368
-10,307
10,691
-177
-194
-202
-179
100
62
69
69
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
9/06/78
9/13/78
9/20/78
9/27/78
137
139
159
145
146
161
152
187
160
41
41
45
37
46
53
44
45
62
96
98
114
108
100
108
108
142
98
-112
-74
-86
-113
-146
-100
-120
-75
-103
-16
24
28
-5
-46
8
-12
67
-7-
10,236
10,801
10,711
10,655
10,524
10,680
11,003
10,547
10,476
10,447
11,002
10,910
10,894
10,699
10,929
11,253
10,783
10,727
-211
-201
-199
-239
-175
-249
-250
-236
-251
77
73
82
96
122
79
89
27
81
xuOuxxoues at end of Table FCP-X-3.
United
Foreign
States 14> branch
12/
(11)
(12)
-61
-127
-101
-48
-108
-33
-131
-44
-92
-48
-100
-46
2
-113
-110
-26
-100
-38
-96
-42
-101
-54
-100
-67
-137
-38
Sold
(1)
(3)
67
92
89
79
Net position
Foreign
branch
net
World
Exchange
wide 1£/ rate 17/
(13)
-188
-149
-141
-175
- J 1 4 1._
1.8786
1.8751
1.8396
1.8225
-140
-146
-111
-136
-138
-138
-155
-167
-175
1.8278
1.8222
1.8155
1.8123
1.8379
1.8222
1.8315
1.8508
1.8574
-14
-15
-1
-32
-35
-1
-4
-17
-24
-83
-109
-113
-124
-150
-104
-89
-148
-99
1.8671
1.8839
1.8979
1.9139
1.9312
1.9474
1.9681
1.9279
1.9387
-21
-31
-48
-24
-162
-173
-142
-177
1.9425
1.9662
1.9815
1.9724
Section IX - Sterling Positions
Table FCP-IX-3. - Consolidated Monthly Bank Positions i£/
(In millions of pounds)
Worldwide
End
of
month
Maturity
Assets 19/
(1)
(1) Demand/spot.................. .
Balance sheet items ,
Liabilities
Net
Bought
Foreisn exchange contracts
Sold
20/
Net
(5)
(6)
2,647
2,559
5,307
5,249
5,795
-278
-654
68
226
157
401
-80
(2)
(3)
(4)
1,825
1,745
1,411
1,062
694
974
2,191
2,457
1,401
953
478
290
-366
-712
10
109
216
684
5,853
5,859
3,347
878
3,406
1,161
88
58
58
117
-59
-283
Total of all maturities...............
7,711
7,770
-59
23,891
23,912
-21
(8) Capital assets, liabilities...........
(9) Summary ((7) + (8))..................
138
126
12
0
0
0
12r
7,849
7,896
-47
23,891
23,912
-21
-68r
3 days-1 month............ ...........
Over 1 month-3 months................
(4) Over 3 months-6 months................
(5) Over 6 months-1 year.................
(6) Over 1 year.........................
1,792
1,706
1,486
1,189
849
1,007
2,221
2,423
1,730
860
502
289
-429
-717
-244
329
347
718
2,430
4,311
5,566
5,675
3,190
596
2,384
4,193
5,644
5,655
3,169
846
46
118
-78
20
-250
-383
-599
-322
349
368
468
(7) Total of all maturities.... ........ .
8,029
8,025
4
21,768
21,891
-123
-119
Capital assets, liabilities...........
153
130
23
0
0
0
23
(9) Summary ((7) + (8))..................
8,182
8,155
27
21,768
21,891
-123
-96
June*•.. (1) Demand/spot.........................
(2) 3 days-1 month......................
(3) Over 1 month-3 months................
(4) Over 3 months-6 months...............
(6) Over 1 year.........................
1,775
1,578
1,680
1,133
803
1,074
2,049
2,518
1,801
892
514
345
-274
-940
-121
241
289
729
1,994
4,417
6,350
6,109
3,215
589
1,975
4,336
6,128
6,172
3,258
847
19
81
222
-63
-43
-258
-255
-859
101
178
246
471
(7)
8,043
8,119
-76
22,674
22,716
-42
-118
156
123
(9)
8,199
8,242
-43
22,674
•July.••. (1)
(2) 3 days-1 month.......................
(3) Over 1 month-3 months... .............
(4) Over 3 months-6 months...............
(5) Over 6 months-1 year.................
(6) Over 1 year..................... .
1,872
1,704
1,619
1,021
793
1,035
2,081
2,677
1,727
745
543
316
-209
-973
-108
276
250
719
(7) Total of all maturities...............
8,044
8,089
Capital assets, liabilities...........
151
128
(9) Summary ((7) + (8))............ .....
8,195
(1) Demand/spot.........................
(2) 3 days-1 month......................
(3) Over 1 month-3 months................
(4) Over 3 months-6 months................
(5) Over 6 months-1 year.................
(6) Over 1 year.................... .....
(7) Total of all maturities.............. .
May...
(1)
(2)
(3)
(8)
(5)
33
22,716
-42
-85
2,695
4,399
6,561
5,912
3,251
635
2,726
4,346
6,439
5,822
3,296
888
-31
53
122
90
-45
-253
-240
-45
23,453
23,517
-64
-109
23
0
0
0
23r
8,217
-22
23,453
23,517
-64
-86r
1,795
1,941
1,587
792
803
1,042
2,219
2,425
1,786
733
520
287
-424
-484
-199
59
283
755
2,183
5,440
6,410
5,606
3,090
664
2,186
5,258
6,433
5,588
3,110
921
-3
182
-23
18
-20
-257
-427
-302
-222
77
263
498
7,960
7,970
-10
23,393
23,496
-103
-113
158
126
32
0
0
0
32
8,118
8,096
22
23,393
23,496
-103
-81
Demand/spot.........................
3 days-1 month......................
Over 1 month*3 months.................
(4) Over 3 months-6 months...............
(5) Over 6 months-1 year.................
(6) Over 1 year......... ...............
1,896
1,917
1,645
944
690
1,102
2,258
2,570
1,709
866
483
300
-362
-653
-64
78
207
802
2,629
5,050
7,356
5,384
3,282
707
2,551
4,933
7,365
5,310
3,435
939
78
117
-9
74
-153
-232’
-284
-536
-73
152
54
570
(7)
Total of all maturities...............
8,194
8,186
8
24,408
24,533
-123
-117
(8)
Capital assets, liabilities...........
169
120
49
(9)
Summary ((7) + (8))..................
8,363
8,306
57
24,408
24,533
(8)
Capital assets, liabilities..........
(8) Capital assets, liabilities...........
(9) Summary ((7) + (8))..................
Sept.... (1)
(2)
(3)
33""""'...
........
o'"'..
21
0
(8)
(f
5,742
&
(7)
3 days-1 month... ........ ..........
Over 1 month-3 months................
Over 3 months-6 months...............
Over 6 months-1 year.................
Over 1 year.........................
(2)
(3)
(4)
(5)
(6)
(7)
%
Net
overall
position 21/
VO
-920
14
366
205
466
49
-125
VO
-68
U
j
144
Treasury Bulletin
■——
—FOREIGN CURRENCY POSITIONS______________
Section X - United States Dollar Positions Abroad
Table FCP-X-1. - Nonbanking Firms’ Foreign Subsidiaries’ Positions
(In millions of United States dollars)
Position
at end
of month
Liquid
assets 2/
(X)
June
3978
Sept. 1978
Short
term
debt 2/
(2)
6,514r
4,096r
7,165
4,689
Short-term trade
Receiv
able j j
Pay
ables 2/
(3)
(4)
9,974r
10,828
Other
assets 6/
Forward exchange 8/
Other
liabili
ties 2/
Bought
Sold
Net
position 2/
(6)
(7)
(S)
(9)
(5)
14,833r
19,096r
21,645r
2,447r
1,300r
-3,843r
14,152
21,057
23,785
2,778
1,626
-2,424
Table FCP-X-2. - Weekly Bank Foreign Office Positions
(In millions of United States dollars) ip ./
Date
Net
assets and
liabilities 12/
(1)
Net
exchange
contracts 13/
(2)
Net
position
(3)
4/05/78
4/12/78
4/19/78
4/26/78
5/03/78
5A0/78
5A7/78
5/24/78
5/31/78
-3,695
-2,973
-3,015
-2,810
-2,684
-2,557
-2,629
-2,912
-3,034
3,802
3,205
3,247
3,254
2,908
2,959
2,803
3,104
3,089
107
232
232
444
224
402
174
192
55
6/07/78
6/14/78
6/21/78
6/28/78
-3,144
-3,171
-3,158
-3,535
3,456
3,264
3,269
3,833
312
93
111
298
7/05/78
7/12/78
7/19/78
7/26/78
-3,074
-3,319
-2,902
-3,021
3,309
3,581
3,116
3,196
235
262
214
175
8/02/78
8/09/78
8/16/78
8/23/78
8/30/78
-2,884
-2,872
-3,243
-2,622
-2,151
2,892
3,114
3,165
3,017
3,154
8
242
-78
395
1,003
9/06/78
9/13/78
9/20/78
9/27/78
-2,862
-2,557
-2,920
-2,992
3,506
3,363
3,426
3,574
644
806
506
582
Footnotes at end of Table FCP-X-3
Section X - United States Dollar Positions Abroad
Table FCP-X-3, - Monthly Bank Foreign Office Positions
18/
$
(In millions of United States dollars)
End
Maturity
of
month
Assets 19/
(2)
(1)
Demand/spot............
3 days-1 month.........
Over 1 month-3 months.....
Over 3 months-6 months....
Over 6 months-1 year........
Over 1 year... ..... .
Total of all maturities.....
Capital assets, liabilities.
Summary ((7) + (8)).......
Apr.
May.
Demand/spot............
3 days-1 month.........
Over 1 month-3 months....
Over 3 months-6 months....
Over 6 months-1 year.....
Over 1 year............
Total of all maturities...
Capital assets, liabilities.
Summary ((7) + (8))......
Bought
(4)
Foreim exchange contracts ^0/
Sold
(5)
Net
(6)
Net
overall
position 21/
(7)
20.155
39,559
50,922
34.156
8,826
15,064
30,288
51,445
47,210
26,332
9,977
5,935
-10,133
-11,886
3,712
7,824
-1,151
9,129
12,355
17,589
21,498
18,718
10,818
1,738
12,629
16,343
20,226
18,337
11,258
1,398
-274
1,237
1,272
381
-440
340
-10,407
-10,649
4,984
8,205
-1,591
9,469
168,682
171,187
-2,505
82,707
80,191
2,516
11
300
648
-348
168,982
171,835
-2,853
82,707
80,191
2,516
18,330
38,793
49,613
36,163
8,851
14.675
31,640
51,009
44,389
9,589
5,588
-13,310
-12,216
5,224
9,186
-738
9,087
11,795
17,047
22,749
19,189
11,061
l)740
11,657
16,206
21,037
18,900
11,245
l)385
138
841
1,712
289
-184
355
166,425
169,192
-2,767
83.581
838
-521
26,977
170,030
-3,288
83.581
80.430
3.151
31,315
56,610
47,608
27,607
8,702
6.A24
-12,313
-14,813
4,220
10,694
302
8.386
9,028
22,104
22,336
19,553
11,129
2.105
9,132
19,694
21,506
19,444
11.358
-jum.
-104
2,410
830
109
-229
174.742
345
178.266
-3.524
925
-580
175,087
179,191
-4,104
86.255
82.783
3*472
,.r632
18,503
37,083
52,984
39,317
8,450
14,251
33,527
50,682
48,247
27,985
8,302
4,706
-15,024
-13,599
4,737
11,332
148
9,545
12,901
18,847
22,793
19,895
10,865
2.134
12,443
17,656
22,088
19,390
11,294
1.871
458
1,191
705
505
-429
-14,566
-12,408
5,442
11,837
-281
-9.808
170.588
173.449
-2.861
395
170,983
893
-498
174,342
-3,359
87,435
84.742
2.693
-666
1) Demand/spot............
2) 3 days-1 month.........
3) Over 1 month-3 months..
4) Over 3 months-6 months.
5) Over 6 months-1 year...,
6) Over 1 year.............
17,576
41,690
53,715
37,679
8,898
13,928
32,348
52,606
48,571
29,676
8,458
4,653
-14,772
-10,916
5,144
8,003
440
9,275
10,898
22,755
24,202
19,302
11,396
2,071
10,606
20,929
23,474
18,699
11,746
1,720
292
1,826
728
603
-350
351
-14,480
-9,090
5,872
8,606
90
9,626
(?■> -Total of all maturities,
173,486
176,312
-2,826
90,624
87,174
3,450
624
416
1,000
-584
173*902
Demand/spot............
3 days-1 month..............
Over 1 month-3 months... .
Over 3 months-6 months... .
Over 6 months-1 year........
Over 1 year.............
Total of all maturities...
Capital assets, liabilities.,
Summary ((7) + (8))......
(8)
Capital assets, liabilities.
Summary ((7) + (8)).......
vo
-w
■■.,,,456
.3-580
__2ttL
.2,,693
-498
38,515
59,494
61,922
8,578
14,380
J77V312
39,798
50,329
50,279
27,942
8,703
4,706
-3,410
-16,456
-11,814
9,215
33,890
-125
9,674
90,624
12,829
19,533
24,837
19,509
11,547
2,242
87,174
*2,-432
18,497
23,903
18,464
11,826
1,783
3,450
' 347
1,036
934
1,045
-279
459
Total of all maturities.....
206,231
40
-16,109
-10,778
10,149
35,025
-404
10,133
181,757
24,474
90,497
86,955
3,542
28,016
Capital assets, liabilities.
434
1,027
182,784
-593
23,881
90,497
86,955
3,542
-593
27,423
206,665
v©
-12,417
-12,403
5,050
10,803
73
Demand/spot.
3 days-1 month... .......
Over 1 months-3 month*...
Over 3 months-6 months......
Over 6 months-1 yea?.... ..
Over 1 year...... .......
Summary ((7) + (8)).......
S8
&
-13,172
-11,375
6,936
9,475
19,002
41,797
51,828
38,301
9,004
14.810
July.
Sept.
Net
(3)
166,742
Demand/spot........
3 days-1 month...........
Over 1 month-3 months.......
Over 3 mOnths-6 months....
Over 6 months-1 year.....
Over 1 year...... .
Total of all maturities...
Capital assets, liabilities.
Summary ((7) + (8))......
Aug.
glance, sheet items
Liabilities
v*
Treasury Bulletin
146
.FOREIGN CURRENCY POSITIONS.
Footnotes
SECTION I
1/
Worldwide net positions on the last business day of the
6/
All current assets other than liquid assets and short
calendar quarter of nonbanking business concerns in the
term trade receivables, and financial assets maturing in
United States and their foreign branches and majority-
more than one year from the report date.
owned
Excludes
intracompany accounts, inventories, prepayments, long
partnerships
and
subsidiaries.
Includes
receivables and installment paper which have been sold
term trade receivables, long-term intracompany claims,
or discounted before maturity, U.S. parent companies'
and stocks, bonds, and other securities.
investment in their majority-owned foreign subsidiaries,
(plant
fixed assets
majority-owned foreign subsidiaries are excluded.
(plant and equipment) and capitalized
and
equipment)
and
parents'
Fixed assets
investment
in
leases for plant and equipment.
J/
2/
All financial liabilities other than short-term debt and
Foreign branches and majority-owned partnerships and
short-term trade payables; includes long-term trade pay
subsidiaries only.
ables; intracompany liabilities, accrued expenses, and
Weekly worldwide net positions of banks and banking
report date.
institutions in the United States, and their foreign
excluded.
liabilities maturing in more than one year from the
3/
branches
and
majority-owned
foreign
Capitalized plant and equipment leases are
subsidiaries.
8/
Excludes capital assets and liabilities.
Outstanding amounts of foreign exchange which have been
contracted to be received or delivered in the future.
4/
Foreign branches and majority-owned subsidiaries only.
5/
Monthly worldwide net positions including capital assets
Excludes spot exchange.
9/
banks and banking institutions in the United States and
Columns (1),(3),(5), and (7) less columns (2),(4),(6),
and (8).
and liabilities on the last business day of the month of
10/ Representative rates on the report date.
their foreign branches and majority-owned subsidiaries.
Canadian
dollar and United Kingdom pound rates are expressed in
U.S. dollars per unit of foreign currency, all others in
6/
Foreign branches and majority-owned subsidiaries only.
foreign units per U.S. dollar.
SECTIONS II THROUGH X
11/ Banks and banking institutions in the United States and
their foreign branches and majority-owned subsidiaries.
1/
Positions of nonbanking business concerns in the Uhited
In section X, foreign branches and majority-owned sub
States and their foreign branches and majority-owned
sidiaries only.
partnerships and subsidiaries.
In section X, positions
12/ Excludes capital assets and liabilities.
of foreign branches and majority-owned partnerships and
2/
subsidiaries only.
13/
Includes unsettled spot foreign exchange purchase con
14/ Sum of columns (3) and (8).
tracts,
as
well
as
currency,
demand
and
time
deposits, negotiable and other readily transferable
financial instruments maturing in one year or less from
Inoludes both spot and forward exchange contracts.
15/ Sum of columns (4) and (9).
16/ Sum of columns (5) and (10).
the report date, and intracompany claims and loans to
loans,
17/ See footnote 10.
accounts receivable, and unaccepted trade drafts are
excluded.
18/ See footnote 11.
other
parties
repayable on
demand.
Other
19/ Fixed-rate loans are reported by time remaining to final
3/
Includes
contracts,
unsettled
spot
foreign
exchange
sales
maturity or the nearest call date, whichever is earlier,
iritracompany liabilities, other than short-term
and floating-rate loans by time remaining to the nearest
trade payables, short-term borrowings due in one year or
interest-fixing date.
less from the report date, and the current portion of
long-term debt.
Other loans, accrued expenses and
accounts payable are excluded.
20/ Option forward exchange contracts sure reported by time
remaining to the nearest option exercise date.
21/ Sum of columns (3) and (6),
4/
Due in one year or less; includes intracompany trade
receivables. Receivables and installment paper sold or
discounted before maturity are excluded.
5/
Due in one year or less; includes intracompany trade
payables.
r Revised.
n.a. Not available.
February 1979
-
147
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section II - Federal Credit Programs
Table GA-II-1. - Direct Sales and Repurchases of Loans
(In millions of dollars)
1978-Jan....................
Feb....................
Mar....................
May.......... ..........
Sept...................
Repur
chases
2,115
2,548
3,045
6,257
3,390
7,829
11,666
2,759
7,895
842
305
781
330
1,141
1,559
1,281
422
2,121
406
269
248
145
21
21
160
261
4
187
20
3
2
104
-
10,544’
3,399
2,210
1,074
751
1,269
1,415
950
1,324
40
308
36
296
22
675
695
328
69
350
29
12
303
*
-
775
*
Less than $500,000.
Farmer!s Home
Admini!stration
Sales
775
Nov....................
Export-Import
Bank of the
United States
Total
Fiscal year
or month
Repur
chases
Sales
Sales
Repur
chases
-
1,668
2,005
2,430
3,324
2,172
6,415
4,247
1,070
5,445
569'
287
574
284
1,105
1,524
1,148
414 ‘
2,083'
-
-
9,407
3,355!
_
_
-
_
-
_
-
.
2,086
785
506
1,072
1,289
823
670
695
*
775
.
775
1,320.
36 |
303 1
33 j
292
19 325
65
347
26
12
303
Housing and Urban
Development Dept.
Government
National Mortgage
Association
Repur
chases
Sales
_
_
-
-
2,300
1,501
1,232
6,963
1,592
2,118
938
90
220
245
145
82
127
5
_
_
_
Small Business
Administration
Sales
Repur
chases
Veterans
Administration
Sales
Repur
chases
12
12
19
25
30
32
29
6
36
-
.
-
*
-
-
-
1
38
244
368
488
209
163
294
96
333
-
-
1
198
43
_
_
_
_
_
_
_
_
*
34
68
4
3
52
44
4
4
-
_
_
_
_
*
30
-
2
1
-
3
3
_
_
_
5
-
3
*
_
k
_
_
*
_
3
4
.
3
3
4
_
148
Treasury Bulletin
FINANCIAL OPERATIONS OP GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-1. - Civil Service Retirement and Disability Fund
(In millions of dollars)
Receipts
Fiscal year
or month
Total
1921-69..........................
Agencies'
contributions
Employees'
contributions
42,309
4,683
5,816
6,735
7,604
8,955
11,360
13,099
1,480
16,466
17,580
11,,748
1,,721
1:,890
2,,038
2j,120
2,,277
2,,490
2j,733
700
2|,895
3-,141
18,069
1,721
1,890
2,038
2,120
2,277
2,490
2,733
700
2,894
3,140
3,,418
3,436
Federal
contributions
Donations, ser
vice credit pay
ments, and other
misc. receipts
Interest and
profits on
investments
4,673
231
773
1,161
1,760
2,527
4,217
5,136
*
7,806
7,904
196
19
30
33
37
36
29
34
8
32
39
7,623
990
1,233
1,464
1,566
1,838
2,136
2,463
71
2,841
3,356
3,418
9,411
61
4,089
3,436
10,642
60
4,910
3
2
3
3
3
3
49
76
-6
15
14
1,526
1979 (Est.)......................
20,397
1980 (Est.)......................
22,484
1978-Jan.........................
Feb.........................
Mar.........................
530
624
545
507
620
2,052
239
274
274
242
301
262
238
272
273
246
302
262
*
*
*
1
-*
*
July....... .................
501
645
8,519
567
626
2,329
243
254
271
274
280
268
243
254
271
274
279
267
*
*
7,903
*
*
*
3
6
3
3
3
2
11
130
69
16
65
1,792
3,522
822
820
*
7
1,872
Fiscal 1979
Assets, end of period
Fiscal year
or month
1921-69..........................
Total expenditures
other than
investments
Net increase, or
decrease (-), in
assets
Total
Investments
Unexpended balance
21,789
2,752
3,234
3 778
4,523
5 669
7
071J.
l,WI
8,284
2,265
9,564
10,908
OA CO«f
ZVpDZl
1,931
2,581
2,957
o
A01
J»Uol
3,286
4,290
4,815
-785
6,903
6,673
20,521
22,452
25,033
27,990
31,071
34,357
38,647
43,461
42,675
49,579
56,252
20,321
22,047
24,727
27,668
30,866
34,331
38,607
43,435
42,665
49,596
56,160
1979(Est.).......................
1980(Est.).................
199
405
306
322
205
26
40
26
11
-17
92
12,370
14,035
8,027
8,449
64,308
72,757
64,278
72,727
30
30
1978-Jan__
Feb.........................
Mar.........................
Apr... .
May.
871
891
907
911
932
944
l f in*
JL
lvO
49,640
49,373
49,011
48,606
48,295
49,403
49,584
49,325
48,990
48,579
48,331
49,423
56
48
21
28
-37
-19
930
939
946
993
994
995
•HA?
48,974
48,679
49,024
48,645
7~572
-426
-368
1,334
-51
35
il;S8
55,458
56,792
55,365
56,703
92
89
ij 70 L
540
56,792
56,703
89
1977..................... .......
Aug.
Sept.......
—340
-967/
•*o
■31Z
11
Fiscal 1979
*
Sources
Monthly Treasury Statement of Receipts and Outlays of the
United States Government. Budget estimates are based on the 1979
Budget of the U.S. Government, released January 23, 1978.
*
Less than $500,000.
February 1979
-
149
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS _ _ _ _ _ _
Section III - Trust Funds
Table GA-III-2. - Federal Old-Age and Survivors Insurance Trust Fund 2/
(In millions of dollars)
Receipts
Fiscal year
or month
1937-69..... ...............
1970................... .
1971.......................
1972.......................
1973.......... .............
1974....... ................
1975....... ...... .........
1976....................
1977................... .
1979 (Est.)............ .
1980 (Est.).................
1978-Jan*...................
Feb...................
Mar...... .
May................ .
June................. .
Total 2/
242,362
31,746
33,982
37,916
43,639
50,935
58,763
62,327
16,186
71,788
76,811
86,610
99,776
5,174
8,146
5,080
7,277
8,586
6,200
July............... .
Aug....... .
Sept..................
Oct...... .............
Nov,.................. .
Dec... ............. .
5,533
9,445
4,865
4 734
7 459
5,595
Fiscal 1979
to date.....................
17 789
Appropriations
3/
Expenditures other than investments
Deposits by Net earnings
States 4/
on investments
^7ffAO
1A7t
O
43 465
50|119
52 900
14 259
61,219
1S7
00,10/
75,541
86,473
5 166
5 833
5,566
7 279
J, JJ4.
6,051
14 896
2,758
JjUDD
Of 070
4,131
4 989
5 898
A OO
ASA
Of
H
1
JL,RL
0*t1
/
t fOiO
7 860
8,572
11,084
11 QQQ
1 7AQ
i fiia
1 718
i OAO
l,o*to
2 040
“j?
SI s
-50
2,985
•QOZ
•
1jSO
•X
U
3,158
■ /oo
-12
2,506
-674
dQ
OO
oo
Zo
CA3
o\
/.a
OO1
*
14
11
63
o1
59
80
730
1
QOA
l,oZU
869
5 671
O,
5 589
H,OM|
4 924
Other
ooy
AH
AO
1
H
AAG
488
473
HDU
423
80
A AQO
Z,
ZoZ
2,153
1,880
1,660
611
611
617
559
*
*
*
-2
Total 5/
214,155 7/
27,320
32,268
35,848
43,623
49,483
56,676
64,296
17,110
73,479
81,205
89 653
101,041
6,560
6,524
6,610
6.563
6.563
8,112
Benefit
payments
Payments to Rail
road Retirement
Accounts 6/
205,063
26,266
31,101
34,540
42,170
47,847
54,839
62,164
16,874
71,271
78,524
87,097
98,388
6,457
6.437
6,525
6,455
6,445
6.438
4,560
579
613
724
783
909
982
1,212
“
1,208
1,589
1,391
1,455
*
"
“
"
■
1,589
“
■
■
-
*
*
*
*
*
615
6,917
6,970
7,000
7,052
7,061
7,134
6,841
6,871
6,915
6,930
6,980
7,057
615
21,247
20,967
Expenditures other than investments - Continued
Assets, end of period
Administrative <
expenses
Fiscal year
or month
Construc
tion 8/
1937-69___
197 0
197 1
197 2
197 3
197 4
197 5
197 6
T.Q......
197 7
197 8
48
1
2
7
7
5
2
2
13
15
1979 (Est.)
-
1980 (Est.),
1978-Jan....
Feb__
Mar....
Apr....
May...„
June...
July...
Aug....
Sept..,
Oct....
Nov....
Dec....
Fiscal 1979
to date....
Reimbursement
Bureau of
to general
0ASI 10/
fund 9/
1,010
73
72
78
81
91
83
129
27
133
108
Reimbursement to,
or from (-), FDI,
FHI, and FSMI
Trust Funds
4,049
412
478
504
567
615
745
801
194
823
955
-578
-13
*
-7
11
12
17
3
22
22
n.a.
n.a.
n.a.
n.a.
*
*
*
-1
*
12
10
10
6
10
10
89
76
75
78
109
74
-*
-*
“
-2
IS
10
6
10
10
-*
26
See footnotes following Table GA-III-3.
Net increase
or decrease
<-), in
assets
Total
Investments
Other
Unexpended
balance
1/
3
2
2
2
4
4
8
-15
2
7
6
28,205
4,426
1,714
2,068
16
1,452
2,086
-1,969
-924
-1,691
-4,394
28,205
32,631
34,345
36,413
36,429
37,881
39,968
37,999
37,074
35,384
30,989
26,235
30,121
31,375
33,203
35,501
37/717
39,892
37,968
37,055
35,410
30,967
1,971
2,509
2,970
3,211
928
164
75
31
20
-26
22
n.a.
n.a.
-3,158
-3,043
27,947
26,682
27,922
26,657
25
25
1
1
1
1
1
*
1
2
-
-1,386
1,621
-1,531
715
2,023
-1,911
31,116
32,737
31,207
31,921
33,944
32,033
31,128
32,698
31,194
31,917
33,912
32,003
-11
40
13
4
33
30
78
84
73
116
69
67
22
~
-1,384
2,476
-2,135
-2,318
398
-1,539
30,649
33,124
30,989
28,671
29,070
27,531
30,624
33,053
30,967
28,660
28,740
27,545
25
71
22
11
330
-14
252
-
2
-3,459
27,531
27,545
-14
Treasury Bulletin
150
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-3. - Federal Disability Insurance Trust Fund
(in millions of dollars)
Receipts
Fiscal year
of month
Appro
priations
2/
Total
1/
Expenditures other than investments
Interest
and pro
fits on
invest
ment
Deposits
by States
3/
1957-69....
197 0
197 1
197 2
197 3
197 4
197 5
197 6
T.Q......
197 7
197 8
19,497 7/
4,380 “
4,910
5,291
5,946
6,768
7,920
8,355
2,172
9,379
12,784
17,191
3,770
4,124
4,363
4,911
5,602
6,580
6,958
1,873
8,0S*»
11,092
1,428
371
446
490
500
633
776
839
286
805
1,313
1979 (Est.)
1980 (Est.)
15,193
17,418
13,237
14,978
1,514
1,920
784
223
325
388
435
479
512
467
13
374
249
300
402
1978-Jan...
Feb...
Mar..,
Apr..,
May..,
June.,
July.,
Aug...
Sept.,
Oct..,
Nov..,
Dec..,
897
1,092
1,223
1,273
1,042
1,494
1,098
1,147
1,284
862
952
1,446
894
1,048
1,012
1,236
1,014
1,103
1,028
1,128
945
850
884
892
2
34
207
30
20
305
68
9
335
8
61
300
1
10
4
5
8
86
2
10
5
4
7
112
Fiscal 1979
to date...,
3,260
2,626
Total
4/
94
16
15
50
100
54
52
91
*
105
130
15,818 8/
2,954~
3.606
4,309
5,467
6,384
7,982
9.606
2,653
11,590
12,655
142
118
14,056
15,636
Payments
to
Railroad
Retirement
Account 5/
1957-69...
197 0
197 1
197 2
197 3
197 4
197 5
197 6
T.Q.......
197 7
197 8
1979 (Est.).
1980 (Est.).
1978-Jan....
Feb....
Mar....
Apr....
May....
June...
July...
Aug....
Sept...
Oct....
Nov....
Dec.
Fiscal 1979
to date...
Footnotes on following page.
176
10
13
24
20
22
29
26
30
5
-15
Net
in
crease,
or de
crease
(-), in
assets
Administrative:
Reimbursement to
SSA
trust
funds ( J
General
fund
869
138
179
197
233
141
240
249
65
357
306
53
9
10
12
12
13
12
17
4
21
21
14,676
2,778
3,381
4,046
5,162
6,158
7,631
9,471
2,555
11,135
12,214
13,583
15,148
1,023
1,027
1,045
1,016
1,042
1,070
1,111
1,116
1,097
1,160
1,117
1,128
986
991
1,013
1,007
995
1,006
1,074
1,080
1,076
1,111
1,082
1,092
3,405
3,285
Assets, end of period
Expenditures other than investments - Con.
Fiscal year
or month
Benefit
payments
Invest
ments
Un
expended
balance
2/
44
19
23
30
40
50
70
-157
29
77
86
3,679
1,426
1,305
982
479
384
-62
-1,251
-481
-2,211
128
3,679
5,105
6,410
7,392
7,871
8,255
8,193
6,941
6,460
4.249
4.378
3,492
4,835
6,078
7,012
7,803
8,195
8,158
6,931
6,453
4,242
4.352
187
270
332
380
68
60
35
10
3
7
25
30
28
24
1
38
28
94
102
5
7
7
6
7
6
1,137
1,782
-126
65
177
257
*
423
5,510
7,292
3.250
3,316
3,493
3.750
3.750
4,174
5.505
7, 287
3,219
3,312
3.505
3,763
3,737
4,154
5
5
31
3
-12
-13
13
20
31
26
7
41
28
26
7
7
13
8
6
8
-14
31
187
-299
-165
318
4,160
4,191
4.378
4,079
3,914
4,232
4.168
4.168
4.352
4,055
3,888
4,207
23
25
24
26
25
4,232
4,207
384
402
February 1979
151
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section 111 - Trust Funds
Footnotes
Table GA-III-3.
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based on the 1979 Budget of
the U.S. Government, released January 23, 1978*
1/ Includes payments for military service credits as follows: $16 mil
lion for each FY 1967, FY 1968, $32 million FY 1969, $16 million for
each FY 1970, 1971, $50 million FY 1972, $51 million FY 1973, $52 mil
lion and $3 million for interest on reimbursement of administrative
and vocal rehabilitation expenses FY 1974, $52 million military service
credits for FY 1975. Includes payments for military service credits,
$90 million for FY 1976, $103 million for Fy 1977, $128 million for FY
1978. FY 1979 estimates include $142 million for military Service credits.
2/ Includes unappropriated receipts from January 1962 to June 1965.
3/ To cover employees of States and their political subdivisions under
~
the Social Security Act (42 U.S.C. 418).
4/ Includes payment for Vocational Rehabilitation Service beginning
FY 1966 and construction and equipment of buildings beginning FY 1967.
Transition Quarter includes $27 million for vocational rehabilitation
services and $2 million for construction of buildings. Fiscal Year
1977 includes $77 million for vocational rehabilitation. Includes $84
million for vocational rehabilitation and $2 million for construction
of buildings for FY 1978.
5/ Payments are made between the Railroad Retirement Account and
Federal Old-Age and survivors and Federal disability so as to place
those funds in the position in which they would have been if railroad
employment after 1936 had been included m social security coverage
(45 U.S.C. 228 e (k)).
6/ For appropriate share of administrative expenses, including interest,
paid from the trust fund during the preceding fiscal year as deter
mined by the Secretary 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 FOASI.
J J Includes $27 million paid from Railroad Retirement Accounts in FY 1960.
8/ Excludes transactions for investments in non-Federal securities.
*
Less than $500,000.
Table GA-III-2.
Source:
Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based on the 1979 Budget of
the U.S. Government, released January 23, 1978.
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 Accounts; begin
ning November 1951, small amounts m the nature of recoveries from
expenditures incidental to the operations; beginning 1958, interest
payments from Federal Disability Insurance Trust Fund and sale of
waste paper; $78 million for each FY 1967 and 1968, $156 million FY
1969, $78 million for each FY 1970 and FY 1971, $137 million FY 1972,
$138 million FY 1973 and $139 million FY 1974 for military service
credits; and $226 million for FY 1969, $364 million for FY 1970, $371
million FY 1971, $351 million for FY 1972, $337 million FY 1973 and
$303 million FY 1974 for benefits for the aged. Fiscal Year 1975
includes $140 million for military service credits and $307 million
for special benefits for the aged. Fiscal Year 1976 includes $157
million for military service credits and $268 million for special
benefits for the aged. Fiscal Year 1977 includes $378 million for
military service credits and $236 million for special benefits for
the aged. Fiscal Year 1978 includes $385 million for military
service credits and $228 million for special benefits for the aged.
Fiscal Year 1979 estimates include $384 million for military service
credits and $230 million for special benefits for the aged.
3/ Includes unappropriated receipts from January 1962 to June 1965.
4/ To cover employees of States and their political subdivisions, under
the Social Security Act Amendments of 1950 (42 U.S.C. 418).
5/ Includes payments for vocational rehabilitation services to Federal
Disability Insurance Trust Fund and Social and Rehabilitation Service.
6/ Payments are made between the Railroad Retirement Account and Federal
Old-Age and Survivors and Federal disability so as to place those funds
in the position in which they would have been if railroad employment
after 1936 had been included m social security coverage (45 U.S.C% 228e
(k)).
2/ Excludes transactions for investments in non-Federal securities.
8/ Construction and equipment of office buildings for the bureau (Public
Law 170, approved July 31, 1953 (67 Stat. 254)).
9/ 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.
10/ Salaries and expenses of the Bureau of Old-Age and Survivors Insur
ance are paid directly from the trust fund beginning 1947, under
provisions'of annual appropriations 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
152
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-4. - Federal Hospital Insurance Trust Fund
(In millions of dollars)
Receipts
Fiscal year
or month
1966-69..... ........
t .q .................
1979 (Est.)..........
1980 (Est.)..........
1978-Jan...........
Feb............
Apr............
July...........
Dec...........
Federal
payments
2/
Net
Appro
priations
Total
1/
13,251
5,614
6,018
6,031
8,352
11,610
12,568
13,544
3.516
15,374
18,543
10,577
4,340
4,412
4,692
6,938
9,503
10,077
10,718
2,918
12,372
14,834
1,393
628
874
551
429
499
529
658
21,951
25,497
1,192
1,405
2,332
1,582
1,326
2,382
Deposits
by States
Interest
and pro
fits on
investments
Other
944
860
958
445
486
534
725
1,099
1,214
1,314
448
l,27o
1,844
209
137
180
188
196
406
608
708
5
770
780
114
64
66
66
64
103
140
146
145
12
226
17,902
20,666
1,183
1,348
1,286
1,538
1,290
1,414
908
831
717
-
2,046
2,688
3
53
325
39
26
393
883
1,063
4
3
3
5
9
361
212
249
2
1
1
*
1
214
1,417
1,473
1,682
1,112
1,229
2,080
1,325
1,456
1,247
1,097
1,140
1,152
-
141
88
12
432
10
79
388
4
2
3
4
9
398
1
3
-1
2
1
1
4,421
3,389
141
476
411
4
-
-
Fiscal 1979
Expenditures other than investments
Fiscal year
or month
Total
Benefit
payments
Adminis
trative
expense
11,234
4,953
5,592
6,276
6,842
8,065
10,612
12,579
3,404
15,207
17,862
10,898
4,804
5,443
6,109
6,649
7,807
10,355
12,270
3,315
14,912
17,415
336
148
149
165
192
258
256
308
88
295
444
1979 (Est.)..........
1980 (Est*)..........
1978-Jan............
Feb............
Mar............
Apr............
20,378
21,989
1,317
1,268
1,611
1,469
1,573
1,608
19,893
21,495
1,308
1,235
1,580
1,424
1,539
1,564
485
494
July............
1,437
1,707
1,445
1,620
1,582
1,537
1,389
1,631
1,391
1,563
1,348
1, 517
4,740
4,628
1966-69.............
1970...........'.....
1971................
1972................
1973................
1974................
1975................
1976................
1977................
1978................
Oct............
Dec............
Fiscal 1979
9
32
32
45
33
44
49
77
55
57
34.
20
112
Source:
Monthly Treasury Statement of Receipts and Outlays of the
United States Government. Budget estimates are based on the 1979
Budget of the U.S. Government, released January 23, 1978.
1/ Includes nominal amounts of other receipts. Includes receipts and
interest from Railroad Retirement Accounts-net settlement of $16
million FY 1967, $44 million PY 1968, $54 million FY 1969, $64
million FY 1970, $66 million FY 1971, $66 million FY 1972, $63
million FY 1973, $99 million FY 1974, $127 million FY 1975,
$131 million FY 19?6, $143 million Transition Quarter, and $214
million FY 1978,
2/ Represents payments for military service credits of $11 million
“
for each FY 1967 and 1968, $22 million FY 1969, $11 million
for each FY 1970 and 1971, and $48 million for each 1972, 1973, 1974,
and 1975$ and payment for transitional coverage for the uninsured of $327
Construc
tion
_
1
*
1
1
*
*
.
1
*
2
*
_
_
_
2
-
*
_
.
_
-
Assets, »nd of period
Net
in
crease,
or de
crease
(-), in
assets
Invest
ments
2,017
661
426
-244
1,510
3,545
1,956
966
112
lo7
681
2,017
2,677
3,103
2,859
4,369
7,914
9,870
10,836
10,948
11,115
11.796
1,573
3,508
expended
balance
15
24
73
-25
146
49
109
-106
-61
141
39
13,369
16,877
2,001
2,653
3,030
2,884
4,222
7,864
9,761
10,942
11,009
10,974
11.757
13,349
16,857
-126
138
721
113
-247
774
10,316
10,454
11,174
11.287
11,040
11,814
10,123
10,275
11,165
11,286
11,037
11,855
193
179
9
2
3
-41
-20
-234
236
-508
-353
543
11,794
11,560
11.796
11.288
10,934
11.477
11,763
11,554
11.757
11,272
10,917
11.426
,31
6
39
16
18
51
-319
11.477
11.426
51
20
20
million FY 1967, $273 million FY 1968, $749 million FY 1969, $617
million FY 1970, $863 million FY 1971, $503 million FY 1972, $381
million FY 1973, $451 million FY 1974 and $451 million FY 1975.
FY 1976 includes $610 million for transitional coverage and $48 million
for military service credits. FY 1977 includes $803 million for
transitional coverage and $141 million for military service credits.
FY 1978 includes $717 million for transitional coverage and
$143 million for military service credits. FY 1979 estimates include
$734 million fjw—transitional coverage and $141 million for military
service credits. FY 1980 estimates include $655 million for
transitional coverage and $141 million for military service
credits.
3/ Excludes transactions for investments in non-Federal securities.
* Less than $500,000.
February 1979
153
FINANCIAL OPERATIONS OP GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-5. - Federal Supplementary Medical Insurance Trust Fund
(In millions of dollars)
Expenditures other than investments
Receipts
Fiscal Year
or month
Total 1/
Premiums
Federal
contri
butions
Interest
and pro
fits pn
invest
ments
2,241
928
1,245
1,365
1,430
2,029
2,330
2,939
878
5,053
6,386
758
12
17
29
43
77
104
104
4
132
229
-698
1
2
124
152
168
46
210
244
6,853
7,069
476
540
501
519
499
500
301
336
2
5
8
14
10
97
1967-69.................
4,549
1,876
2,516
2,734
2,902
3,809
4,336
4,980
1,421
7,383
9,045
1979 (Est.).............
1980 (Est.).............
9,804
10,314
1978-Jan................
Feb................
Mar................
Apr................
669
758
704
728
707
797
2 248
936
1.>253
>340
1,
1.>427
1.>579
1,>750
1,>769
492
1,>987
>186
2,
2;,650
2.>909
173
188
176
173
178
182
July...............
742
769
668
737
766
1,011
191
205
192
186
188
189
529
545
449
522
550
657
2,513
563
1,730
All
other
Total
Benefit
payments
4,171
2,196
2,283
2,544
2,637
3,283
4,170
5,200
1,401
6,342
7,356
3,699
1,979
2,035
2,255
2,391
2,874
3,765
4,672
1,269
5,867
6,852
17
25
20
22
20
19
8,771
10,091
316
729
696
509
652
667
8,228
9,526
400
664
638
548
605
603
2
4
2
7
4
144
21
15
25
21
24
20
601
736
659
712
742
628
545
687
610
678
653
621
156
64
2,082
1,952
_
Fiscal 1979
Expenditures other than investments-Continued
Fiscal Year
or month
1967-69................
1979 (Est.)............
1980 (Est.)............
1978-Jan.... .'.........
Feb...............
Mar...............
May...............
July..............
Adminis
trative
expenses
475
216
247
287
245
409
404
528
132
475
501
543
565
-84
66
58
-39
46
64
56
50
49
34
89
7
Construc
tion
_
1
*
1
1
-*
*
1
*
3
*
1
*
“
Net
increase,
or de
crease
(->, in
assets
Assets, end of period
Total
Invest
ments
Un
expended
balance
378
-321
233
191
265
526
166
-220
20
1,041
1,689
378
57
290
481
746
1,272
1,438
1,219
1,238
2,279
3,968
358
13
257
478
700
1,231
1,378
1,230
1,244
2,232
4,021
20
44
33
3
46
41
60
-12
-5
47
-52
1,033
223
352
29
8
219
55
130
5,008
5,231
3,345
3,374
3,382
3,601
3,656
3,786
5,003
5,226
3,291
3,495
3,675
3,581
3,680
3,807
5
5
54
-121
-293
20
-24
-21
142
32
9
24
24
383
3,927
3,960
3,968
3,993
4,017
4,400
3,925
3,990
4,021
4,022
3,985
4,343
2
-30
-52
-29
31
56
431
4,400
4,343
56
Fiscal 1979
130
'
Source: Monthly Treasury Statement of Receipts and Outlays of the
United States Government.. Budget estimates based on the 1979 Budget
of the U.S. Government, released January 23, 1978.
I f Includes $2 million FY 1973, $1 million FY 1974, and $1 million
FY 1975 for interest on reimbursement of administrative and vocational
rehabilitation expenses. Premiumes collected for the disabled were
$125 million FY 1974, $151 million FY 1975, $168 million FY 1976,
$46 million Transition Quarter, and $206 million FY 1977. Fiscal
Year 1978 includes $245million of premiums collected from disabled
participants. FY 1979 estimates include $258 million of premiums
collected from disabled participants,
* Less than $500,000.
154
Treasury Bulletin
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-6. - Railroad Retirement Accounts
(In millions of dollars)
Receipts
Fiscal year
or month
1963-69...............
1970..................
1971..................
1972..................
1973..................
1974..................
1975..................
1976..................
1977..................
1978..................
1979 (Est.)...........
1980 (Est.)...........
1978-Jan..............
Feb..............
May............ .
Dec..............
Total
1/
Appro
priations
2/
Interest
and pro
fits on
invest
ments
From FOASI
and FDI
trust
funds 3 /
Expenditures other than investments
All
other
-
298
-
n.a.
4,231
295
-
n.a.
4,476
250
.
-
337
342
306
336
334
343
327
332
294
327
32g
326
-
344
370
357
346
354
351
342
346
351
340
346
345
“
1,050
2,507
212
247
258
262
254
274
246
16
230
197
4,735
589
626
749
802
931
1,010
1,239
1,208
1,618
746
103
109
82
103
31
4
250
.
250
250
3,991
4,485
2,079
2,539
228
1,386
211
1,440
_
37
322
179
371
335
260
37
311
169
51
319
179
*
11
4
4
14
48
*
11
10
7
15
81
966
550
103
-
1,618
-
-
-
-
313
-
■
313
-
Benefit
payments
18,612
1,586
1,889
2,107
2,419
2,649
3,052
3,448
91^
3,768
3,952
16,272
919
980
1,008
1,189
1,411
1,489
1,525
328
1,908
1,822
16
294
166
20
310
-20
Total
5/
19,568
1,653
1,968
2,199
2,480
2,679
3,083
3,482
937
3,860
4,075
24,260
1,823
1,962
2,097
2,356
2,627
2,777
3,260
344
3,596
3,887
16
305
419
24
325
1,646
From
Unemploy
ment
Trust
Fund 4/
663
84
87
62
81
9
-
-
Fiscal 1979
Expenditures other than investments-Continued
Fiscal year
or month
To
Unemploy
ment
Trust
Fund 4/
Adminis
trative
expenses
6/
All
other
Net
increase,
or de
crease
(-), in
assets
1,031
Assets, end of period
Total
Invest
ments
Un
expended
balance
7/
288
16
19
20
20
22
25
28
17
91
111
-32
6
9
12
6
5
6
7
7
*
12
4,692
170
-6
-102
-124
-51
-305
-223
-592
-263
-188
4,692
4,863
4,857
4,755
4,631
4,581
4,275
4,053
3,460
3,197
3,009
4,498
4,724
4,695
4,585
4,609
4,549
4,259
4,013
3,353
3,182
3,078
194
138
162
170
23
32
16
40
107
15
-69
1979 (Est.)...........
36
n.a.
-276
4
40
n.a.
-30
2,871
2,841
2,867
1980 (Est.)...........
2,837
4
10
10
12
9
6
2
*
*
*
*
*
14
-321
-37
113
-312
-9
1,304
2,483
2,446
2,559
2,247
2,238
3,542
2,795
2,725
2,580
2,291
2,287
3,603
-312
-279
-20
-44
-50
-61
3,234
3,186
3,009
3,034
3,016
2.925
3,276
3,279
3,078
3,129
3,128
-42
-93
-69
" 7J
-*
-307
-47
-178
25
-19
-91
-*
-84
2.925
1963-69..............
1970.................
1971.................
1972.................
1973.................
1974.................
1975.................
1976.................
1977... .............
1978.................
1978-Jan.............
Feb.............
Mar................
Apr................
May............. .
July............
Sept.............
Oct..............
Nov.............
Fiscal 1979
700
45
51
60
35
3
_
_
_
_
_
_
_
_
_
2
25
7
6
7
6
20
*
-1
-2
*
*
Source: Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based on the 1979 Budget of
the U.S. Government, released January 23, 1978.
1/ Includes payment for military service credits beginning fiscal 1965.
4/
Also includes Federal payment for dual benefits and interest trans
5/
ferred to Federal Hospital Insurance trust funds.
2/ Includes the Government's contribution for creditable military service
~~ (45 U.S.C. 228c-l (n)) through fiscal 1964 and unappropriated transfers
of tax receipts, and beginning FY 1968 includes transfers of receipts
to Federal Hospital Insurance trust fund of $44 million FY 1968, $54 mil
lion FY 1969, $61 million FY 1970, $63 million FY 1971, $64 million FY
1972, $61 million FY 1973, $96 million FY 1974, $132 million FY 1975,
6/
$131 million FY 1976, $136 million Transition Quarter, and $197 mil
lion FY 1978. Estimates include transfers of receipts to Federal
Hospital Insurance trust fund of $193 million for FY 1979.
JJ
3/ Payments are made between the Railroad Retirement Account and Federal
n.a.
q n 75
3,075
mli u17
m
• X3U
-150
Old-age and survivors and Federal disability so as to place those
funds in the position in which they would have been if railroad em
ployments after 1936 had been included in social security coverage
(45 U.S.C. 228e (k)). For detail see Tables GA-III-2 and GA-III-3.
For detail see Table GA-III-7. Receipts include repayment and interest.
Includes $62 million (1963-64) paid to Federal Old-age and survivors
and disability insurance trust funds and $16 million FY 1967 to Fed
eral Hospital Insurance trust fund; beginning FY 1968 excludes trans
actions for investments in non-Federal securities; and includes pay
ments to Railroad Unemployment Trust Fund of $5 million FY 1970, $10
million FY 1971, $12 million FY 1972, $6 million FY 1973, and $5 mil
lion FY 1974.
Paid from the trust fund beginning 1950 (63 Stat. 297). Includes
regional rail transportation protective account.
Includes unappropriated receipts,
Not available.
*
Less than $500,000.
February 1979
155
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-7. - Unemployment Trust Fund
(In millions of dollars)
Receipts
Railroad Unemployment Insurance
Employment Security Programs
Fiscal year
or month
Employment Security
Administration
Account 2/
State
accounts
1/
Total
Deposits
by
States
1936-69.............
1979 (Est.)..........
1980 (Est.)..........
Advances
Appro
from
priations general
fund
3/
70.308
4,119
4,371
5,498
6,725
7,486
8,195
16,215
3,378
14,986
15,180
16,300
10/ 53,832
12/
2,564
12/
2,582
12/
3,226
12/
4,634
12/
5,264
5,299
6,404
2,289
9,252
11,032
12,761
5,596
770
964
1,011
1,297
1,454
1,355
1,531
371
1,875
2,600
2,900
_
-
16,400
12,600
3,063
406
1,461
455
1,516
4,532
237
259
883
88
1,002
3,699
112
143
304
9
390
788
17
1,071
2,948
393
708
1,695
369
773
2,476
106
539
1,424
100
320
430
8
181
235
24
2,773
2,063
440
Feb............
July...........
Oct............
Federal
Un
employ
ment
Account
„Board
4/
339
-
Federal
Extended
Compen
sation
Account
5/
Railroad Unemployment
Insurance Account 6/
Deposits
by
Railroad
Retire
ment
accounts
7/
Adminis
tration
Advancesi from
lailroad
letirenent
accounts
3/
General
fund
)eposits
>y
lailroad
letirelent
Soard
Interest
and
profits
on
inventments
-
-
98
8
8
7
7
7
7
8
3
15
14
6,003
604
637
496
487
650
639
283
55
232
266
126
5
10
13
6
6
1
*
-
2,781
123
119
112
113
111
109
110
34
169
204
700
45
51
60
35
3
-
-
-
-
833 U /
573
146
-9
785
7,878
625
3,442
1,064
-
-
-
192
-
-
17
430
-
-
-
175
-
“
17
545
-
-
-
*
*
3
*
1
2
*
*
3
*
*
3
3
19
11
12
33
68
-
250
300
110
219
-
-23
36
11
-13
33
194
3
214
_
_
-
-
1
4
44
1
12
37
1
5
46
1
3
48
All
other
-
_
-
-
-
Fiscal 1979
52
Expenditures other than investments
Employment Security Programs
or month
State ac
counts I f
Total
13/
Withdrawals
by States
1936-69.............
1979 (Est.)..........
1980 (Est.)..........
1978-Jan........... .
Mar........... .
May...........
Fiscal 1979
to date...........
Footnotes at end of table.
Federal Extended Compensation Account 5/
Employment Security Administration Account 2/
Grants
to
States
Payments to general fund
Reimburse
Interest on
advances
ments and
and refunds
recoveries
Salaries
and
expenses
Temporary
extended
compen
sation
payments
Repayment
of advances
from gen
eral fund
768
“
792
50
-
“
“
“
“
■
“
■
“
47,473
2,793
5,229
5,978
4,405
5,139
11,958
16,413
3,106
12,339
9,368
4,148
624
756
776
814
832
1,117
1,213
380
1,514
1,522
245
11
12
13
25
43
32
37
1
24
34
29
5
2
1
*
1
1
1
*
1
1
11,000
13,100
8,204
10,142
1,694
1,774
35
37
3
2
129
18
26
25
27
27
29
30
8
32
34
37
35
1,184
1,113
1,260
936
880
777
1,052
963
1,093
771
741
593
100
114
130
141
124
170
*
*
*
*
*
*
3
3
3
3
3
3
731
810
712
642
632
743
593
683
517
490
536
614
124
100
169
130
80
115
9
8
8
5
1
1
*
*
*
-*
*
*
*
*
*
*
*
*
3
3
3
4
3
3
2,018
1,641
325
1
*
9
57,655
3,634
6,216
6,984
5,433
6,158
13,211
17,920
3,544
14,103
11,169
10/
14/
15/
16/
800
900
Reim
bursement
to State
accounts
1/
46
'
“
“
"
*
“
"
“
“
“
“
256
Treasury Bulletin
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-7. - Unemployment Trust Fund—Continued
(In millions of dollars)
Expenditures other than investments - Continued
Ass<:cs, ena oi period
Railroad Unemployment Insurance
Railroad Unemployment Insurance Account 6/
Fiscal year
or month
Repayment of advances to
Benefits
payments
1936-69............
1970...............
1971...............
1972...............
1973...............
1974...............
1975...............
1976...............
1977...............
1978...............
3,135
93
95
120
73
50
67
218
47
180
197
1979 (Est.).........
1980 Est.)..........
217
197
1978-Jan...........
Feb...........
Mar...........
Apr...........
19
24
25
16
11
9
June...........
Aug...........
Fiscal 1979
to date....... .
9
22
20
17
11
11
38
Temporary
extended
benefit
payments
Railroad
Retirement
Accounts
17/
19
-
663
84
87
62
81
9
*
*
3
3
-
-
-
1
*
1
2
*
*
*
General
fund
All
other
19
-
100
2
2
1
-
-
-
-
-
Source: Monthly Treasury Statement of Receipts and Outlays of the United
States Government. Budget estimates are based on the 1979 Budget of
the U.S. Government, released January 23, 1978.
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 Compen
sation Account.
2/ Established by the Employment Security Act of 1960, approved Sep
tember 13, 1960 (42 U.S.C. (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.
3/ Net of repayments.
4/ 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 anbunts appropriated to the State Unemployment Accounts.)
Beginning 1961, such excess is transferred between book accounts
within the Unemployment Trust Fund.
5/ Extended unemployment compensation benefits under the employment
security amendments of 1970 (P.L. 91-373) and the amendments to the
Social Security Act (P.L. 92-224).
6/ For payment of benefits and refunds (45 U.S.C. 360). Figures exclude
interim advance of $15 million from the Treasury and subsequent repays
ment, both in 1940.
7J 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 included transfers
from the administration fund of excess amounts over the specified
balance (45 U.S.C. 361 (d)).
8/ Temporary advances are made when the balance in the Railroad Unem
ployment Insurance Account is insufficient to meet payments of
Net
increase
or
decrease
(-), in
assets
Total
Invest
ments
Unexpended
balance
89
6
7
8
7
7
7
9
2
9
11
12,652
485
-1,844
-1,486
1,293
1,328
-5,016
-1,706
-166
883
4,011
12,652 18/
13,137
11,293
9,807
11,099
12,428
7,412
5,706
5,540
6,423
10,433
12,587
13,008
11,241
9,813
10,957
12,121
7,183
4,810
4,914
5,987
9,517
65 16/
129
52
-6
143
306
228
896
625
435
916
11
12
5,300
5,300
15,746
19,046
14,817
18,117
928
928
*
1
1
1
1
1
-778
348
-804
580
3,652
-540
5,039
5,387
4,583
5,163
8,815
8,275
4,937
5,246
4,555
5,083
8,665
7,817
102
142
28
79
150
457
1
*
1
2
1
*
340
2,138
-319
66
1,064
-375
8,615
10,752
10,433
10,499
11,563
11,188
8,165
10,186
9,517
9,507
10,490
9,995
449
566
916
993
1,073
1,194
11,188
9,995
Adminis
tration
fund
9/
9/
10/
11/
12/
13/
14/
15/
16/
17/
18/
*
Administive
expenses
4
755
1,194
benefits and refunds due or to become due. Whenever the balance is
sufficient to pay such benefits and refunds, repayments are made,
plus interest at 37. 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.
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.
Includes $5 million FY 1970, $10 million FY 1971 and $12 million FY
1972, $6 million FY 1973, and $5 million FY 1974 from Railroad
Retirement Unemployment Insurance Account.
Beginning FY 1967 excludes transactions for investments of nonFederal securities.
Includes payment of $50 million f«mr the Extended unemployment
account to the general fund.
Includes $1,029 million transferred to the Department of Labor for
grants to States.
Includes unappropriated receipts beginning September 1960.
Includes interest.
Includes an adjustment of $7 million pursuant to the act of Septem
ber 6, 1958 (U.S.C. 361 (a)).
Less than $500,000.
February 1979
157
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section III - Trust Funds
Table GA-III-8. - National Service Life Insurance Fund
(In millions of dollars)
Receipts
Fiscal year
or month
Total
Premiums and
other receipts
Transfers from
general and
special funds
Assets, end of period
Interest and
profits on
investments
Expenditures other
than investments
(benefits, net lending
refunds, and
dividends)
4,321
245
271
292
309
338
368
398
8
433
460
16,034
685
661
720
. 519
623
731
633
136
698
668
Net increase
or decrease
(-), in
assets
Total
Invest
ments
Unexpended
balance
6,315
6,341
6,423
6,476
6,755
6,941
7,045
7,264
7,283
7,498
7,770
6,301
6,320
6,403
6,465
6,737
6,915
7,026
7,241
7,266
7,485
7,753
13
21
20
11
18
25
19
23
17
13
17
1977..............
1978..............
22,348
711
744
773
798
808
835
852
155
913
940
13,245
463
470
478
487
468
465
452
147
478
477
1979 (Est.)........
1980 (Est.)........
966
968
462
3
500
740
226
7,996
n.a.
n.a.
450
2
516
771
198
8,194
n.a.
n.a.
1978-Jan..........
Feb..........
39
45
49
42
40
265
39
39
48
41
39
39
*
*
*
*
*
*
62
58
72
56
68
52
-23
-13
-23
-14
-28
212
7,687
7,675
7,651
7,637
7,610
7,822
7,673
7,664
7,642
7,624
7,595
7,800
14
11
9
13
15
22
42
47
37
40
35
291
41
41
37
39
35
36
*
*
*
*
*
*
*
6
*
1
*
225
*
6
*
*
255
59
72
48
65
57
60
-17
-24
-11
-25
-21
231
7,805
7,781
7,770
7,745
7,723
7,954
7,783
7,770
7,753
7,734
7,713
7,943
22
11
17
10
11
11
366
109
*
256
182
184
7,954
7,943
11
1944-69...........
1970..............
1971..............
1972..............
1973..............
1974..............
1975..............
1976..............
Apr..........
May..........
June..........
July..........
Fiscal 1979
to date...........
4,782
3
3
2
2
2
2
2
1
2
2
Source:
Monthly Treasury Statement of Receipts and Outlays of the
United States Government. Budget estimates are based on the 1979
Budget of the U.S. Government, released January 23, 1978.
Note: This fund was established by the National Service Life Insurance
1
6,315
26
82
53
279
186
104
219
19
215
272
Act of 1940 (38 U.S.C. 720).
1/ Excludes transactions for investment in non-Federal securities.
* Less than $500,000.
n.a. Not available.
Treasury Bulletin
1 5 8
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS _ _ _ _ _ _ _
Section III - Trust Funds
Table GA-III-9. - Investments of Specified Trust Accounts in Public Debt Securities
and Agency Securities by Issues, as of December 31, 1978
(In millions of dollars)
Investment securities
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
Payable
date
Issue
date
Notes:
6-1/4 ...................
9 .......................
7 .......................
8 .......................
8-1/8 ...................
7-7/8 ...................
8/15/79
8/15/80
2/15/81
5/15/82
8/15/82
11/15/82
8/15/72
8/15/74
2/15/74
5/15/75
8/15/75
11/17/75
-
-
-
-
-
438
45
127
3
2
10
Bonds:
4 % ......................
2-3/4-Invest. Ser. B ......
3-1/2 ...................
7 .......................
3-1/4 ...................
6-3/8 ...................
4-1/4 ...................
3-1/4 ...................
6-1/8 ...................
3-1/2 ...................
8-1/4 ...................
4-1/4 ...................
4 .......................
7-1/2 ...................
4-1/8 ...................
3 .......................
3-1/2 ...................
8-1/2 ...................
7-7/8 ...................
8-3/8 ...................
8 .......................
8-1/4 ...................
7-5/8 ...................
2/15/80
4/01/75-80
11/15/80
8/15/81
6/15/78-83
8/15/84
5/15/75-85
5/15/85
11/15/86
2/15/90
5/15/90
8/15/87-92
2/15/88/93
8/15/88/93
5/15/89/94
2/15/95
11/15/98
5/15/94-99
2/15/95-00
8/15/95-00
8/15/96-01
5/15/00-05
2/15/02-07
1/23/59
4/01/51
10/03/60
8/15/71
5/01/53
8/15/72
4/05/60
6/03/58
11/15/71
2/14/58
4/7/75
8/15/62
1/17/63
8/15/73
4/18/63
2/15/55
10/03/60
5/15/74
2/18/75
8/15/75
8/16/76
5/15/75
2/15/77
153
1,065
449
50
60
32
78
26
556
33
100
91
70
552
6
22
50
91
22
15
30
15
21
11
81
27
68
5
26
4
10
-
-
3,522
297
-
-
126
6
150
47
7
20
65
14
6
13
30
*
15
499
106
745
53
53
33
14
100
113
106
18
174
43
2,183
-
-
-
-
-
-
-
-
-
-
Type and rate
Public issues:
Total ......................
Government account series:
Certificates:
6-3/47....................
6-7/8 ...................
7 .......................
7-3/8....................
8-1/2....................
8-3/8....................
8-5/8....................
8-7/8....................
9-1/8....................
6/30/79
6/30/79
6/30/79
6/30/79
6/30/79
6/30/79
6/30/79
6/30/79
6/30/79
6/30/79
6/30/78
'7/3/78
9/1/78
7/10/78
9/7/78
7/10/78
9/7/78
12/1/78
11/1/78
11/1/78
5,744
-
1,357
-
1,135
-
358
486
-
745
142
289
340
668
4,097
165
2,530
352
“
Notes:
6-5/8%...................
8-1/4....................
6/30/80
6/30/85
6/30/73
6/30/78
“
-
802
-
145
1,060
"
6/30/79-85&93
6/30/81-89
6/30/81-90
6/30/81-91
6/30/78&79,
81-92
6/30/78
6/30/74
6/30/75
6/30/76
6/30/77
1,556
3,440
4,812
5,021
2,896
597
519
543
584
310
1,427
3,651
2,063
1,775
524
1,700
* 558
177
162
757
-
-
23,468
3,910
11,376
4,343
2,576
7,811
100
50
75
65
35
230
-
50
-
-
-
-
555
-
50
-
-
-
27,545
4,207
11,426
4,343
3,075
9,994
Bonds:
8-1/4%...................
7-5/8....................
7-3/8....................
7-1/2....................
7-1/8....................
Total......................
Agency Securities:
Participation Certificates:
5.20%....................
5.10.....................
5.40.....................
6.05.....................
6.45.....................
6.20.....................
Total......................
* Less than $500,000.
1/19/82
4/06/87
12/11/87
2/01/88
4/08/88
8/12/88
1/19/67
4/05/67
12/11/67
1/30/68
4/08/68
8/12/68
159
February 1979
.CUMULATIVE TABLE OF CONTENTS
March 1978 through February 1979
Issues and page numbers
1978
Sections
Mar.
Apr
May
June
VI
VI
VI
VI
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
10
11
...
10
11
12
10
11
10
11
July
Aug.
VI
1979
Dec.
Jan.
Feb.
VI
VI
VI
VI
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
10
11
12
10
11
10
11
10
11
10
11
12
Sept.
Oct.
VI
VI
VI
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
10
11
12
10
11
10
11
Nov.
Article:
federal fiscal operations:
Investment transactions of Government accounts in
Selected accrual data reported by Federal agencies...
...
...
12
...
...
12
12
Summary of internal revenue collections by States
13
13
15
13
...
17
13
14
12
15
13
14
Account of the U. S. Treasury:
16
15
21
16
14
20
16
17
16
19
17
18 ~
17
18
16
17
22
23
17
18
15
16
21
22
17
18
18
19
17
18
20
21
18
19
19
20
19
18
24
19
17
23
19
20
19
22
20
21
20
19
25
20
18
24
20
21
20
23
21
22
21
22
23
22
Elements of changes in Federal Reserve and tax
Monetarv statistics:
Federal debt:
Computed interest charge and computed interest rate
20
21
22
19
20
21
25
26
27
20
21
22
18
19
20
24
25
26
20
21
22
21
22
23
20
21
22
23
24
25
23
24
22
23
28
29
23
24
21
22
27
28
23
24
24
25
23
24
26
27
24
25
25
26
21
25
26
20
24
25
26
30
31
21
25
26
19
23
24
25
29
30
21
25
26
22
26
27
21
25
26
24
28
29
22
26
27
27
27
28
27
26
32
27
25
31
27
28
27
30
28
29
Interest-bearing securities issued by Government
23
24
Maturity distribution and average length of market-
Treasury holdings of securities issued by Government
Description of securities of Government corporations
and other business-type activities held by the
30
30
27
28
Public debt operations:
Maturity schedule of interest-bearing public marketable
securities other than regular weekly and 52-week
New money financing through regular weekly Treasury
bills..........................................
Offerings of public marketable securities other than
Unmatured marketable securities issued at a premium
or discount other than advance refunding operations..
Allotments by investor classes on subscription for
29
30
32
33
34
35
29
30
31
32
33
34
29
30
34
35
29
30
32
33
34
35
31
32
33
36
38
33
35
37
33
38
33
36
38
35
40
37
40
38
41
43
35
37
39
35
40
35
38
43
46
48
38
40
42
38
43
38
41
43
48
51
53
43
45
48
43
48
43
46
48
53
56
58
45
48
50
46
51
46
49
51
48
54
49
52
54
51
63
66
63
66
66
67
6*
Disposition of public marketable securities other
Foreign series securities (nonmarketable) issued to
official institutions of foreign countries.........
Foreign currency series securities (nonmarketable)
issued to official institutions of foreign
57
60
62
47
51
53
49
65
69
71
55
59
61
58
63
59
68
72
74
57
61
63
60
65
61
65
68
68
69
71
72
73
75
74
75
77
57
58
60
61
62
64
63
64
66
60
61
63
65
66
67
61
62
63
65
66
67
68
69
70
Foreign currency series securities issuea to
65
United States savings bonds:
Sales and redemptions by periods, all series
Sales and redemptions by periods, Series E through K...
Redemptions of matured and unmatured saving bonds....
Sales and redemptions by denominations, Series B and
76
67
...
AQ
oy
...
...
77
***
72
78
78
61
65
68
64
69
65
70
72
70
73
74
79
80
79
80
62
63
66
67
69
70
65
66
70
71
66
67
71
72
73
74
71
72
81
64
68
71
68
73
75
73
United States savings notes:
Ownership of Federal securities:
Distribution by classes of investors and types of
75
75
81
...
...
...
75
67
...
72
...
...
77
Treasury Bulletin
160
CUMULATIVE TABLE OF CONTENTS_
March 1978 through February 1979—Continued
Issues and page numbers
1979
1978
Sections
May
June
July
Aug.
Sept.
Dec.
Feb.
Mar.
Apr.
79
81
85
87
85
87
68
70
72
74
79
81
71
73
76
79
72
75
77
80
79
82
82
88
88
71
75
82
74
80
76
81
83
85
83
89
89
72
76
83
75
81
77
82
84
86
...
...
90
91
...
77
78
...
...
82
83
78
79
76
84
80
83
87
Oct.
Nov.
Jan.
Market auotations on Treasury securities:
81
84
Average yields of lone1
-term bonds:
Average yields of long-term Treasury, corporate, and
Chart - Average yields of long-term Treasury,
Exchange Stabilization Fund:
85
86
National bank renorts:
Operating Income and Expense, and dividends of National
84
International financial statistics:
U.S. reserve assets.................. ........ .
U.S. liquid and other liabilities to foreign
official institutions, and liquid liabilities to all
U.S. liquid and other liabilities to official
institutions of foreing countries by area........ .
Nonmarketable U.S. Treasury bonds and notes issued
to official institutions of foreign countries......
U.S. position In the International Monetary Fund....
Weighted average of exchange rate changes for the
dollar.........................................
84
90
92
73
79
85
87
85
91
93
74
80
86
77
85
81
84
88
88
86
92
94
75
81
87
78
86
82
85
89
89
87
88
93
94
95
96
76
77
82
83
88
89
79
80
87
88
83
84
86
87
90
91
90
91
89
95
97
78
84
90
81
89
85
88
92
92
92
98
100
81
88
94
85
93
89
91
95
95
100
106
108
89
93
99
90
89
94
96
100
100
98
103
107
107
101
99
104
108
108
Capital movements:
Liabilities to foreigners reported by banks in the
Claims on foreigners reported by banks in the United
States.........................................
Supplementary liabilities and claims data reported
by banks in the United States....................
Liabilities to foreigners by nonbanking
106
112
114
95
96
102
109
116
116
122
118
99
100
106
97
104
"103
108
112
112
124
105
106
112
103
111
109
114
118
118
126
127
129
131
133
135
136
138
140
132
133
135
137
139
141
142
144
146
134
135
137
139
141
143
144
146
148
115
116
118
120
122
124
125
127
129
116
117
119
121
123
125
126
128
130
122
123
125
127
129
131
132
134
136
113
114
116
118
120
122
123
125
127
121
122
124
126
128
130
131
133
135
119
120
122
124
126
128
129
131
133
124
125
127
129
131
133
134
136
138
128
129
131
133
135
137
138
140
142
128
129
131
133
135
137
138
140
142
142
148
150
131
132
138
129
137
135
140
144
144
III
III
III
137
138
III
III
III
144
145
132
133
140
...
138
147
147
...
•••
•••
•••
93
Claims on foreigners reported by nonbanking concerns
Transactions in long-term securities by foreigners
reported by banks and brokers in the United States...
Foreign Currency Positions:
Summary........ ................. .
Canadian Dollar Positions.........................
French Franc Positions................. ..........
German Mark Positions............................
Japanese Yen Positions............................
Swiss Franc Positions............................
Sterling Positions.................... ..........
United States Dollar
Positions Abroad............................... .
Foreign currencies acauired bv the U.S. Government
without -payment of dollar:
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust funds
Financial operation of Government agencies and funds:
Government corporations and other business-type
activities:
Statements of financial condition.................
Statements of income and retained earnings.........
Federal credit programs:
Direct sales and repurchases of loans.............
Direct and guaranteed loans outstanding........ .
Trust funds:
Civil Service Retirement and Disability Fund......
Federal Old-Age and Survivors Insurance Trust Fund..
Federal Disability Insurance Trust Fund...........
Federal Hospital Insurance Fund..................
Federal Supplementary Medical Insurance Trust Funds.
Railroad Retirement Accounts............. .......
Unemployment Trust Fund......... ........ .......
National Service Life Insurance Fund.............
Investments of specified trust accounts...........
146
139
152
225
»..
*••
•••
•••
•••
*♦•
...
183
184
...
141
153
154
155
156
158
159
160
161
163
164
134
135
176
...
...
...
...
...
...
...
...
176
*..
180
181
182
184
185
186
187
189
190
...
•••
•v•
...
139
140
141
143
144
145
146
148
149
146
147
...
...
148
149
150
152
153
154
155
157
158
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