Full text of Treasury Bulletin : January 1980
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Treasury Bulletin January 1980 DEPARTMENT OF THE TREASURY OFFICE OF THE SECRETARY WASHINGTON, D.C. January 1980 / C O N T E N T S Page Article - Treasury Financing Operations......................................................... F E D E R A L F I S C A L VI O P E R A T I O N S 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)......... FFO-I^ - Trust Funds Transactions* FFO-v - Detail of Excise Tax Receipts.............. ,........................................ 10 .............................. .......................... 11 F E D E R A L 12 O B L I G A T I O N S 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 Department or Agency.. 15 FO-3. - Gross Obligations Incurred Outside the Federal Government, Comparative Statement by Months......................................... . .................................... 17 A C C O U N T O F T H E U.S. T R E A , .jR Y UST-1. - Status of the Account of the U.S. Treasury........................................... UST-2. - Elements of Changes in Federal Reserve and Tax and Loan Account Balances........... 19 UST-3. - Gold Assets and Liabilities of the Treasury.......................................... 20 M O N E T A R Y 18 S T A T I S T I C S MS-1. - Currency and Coin in Circulation...................................................... FD-1. - Summary of Federal Debt................................................................ FD-2. - Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt 22 FD-3. - Interest-Bearing Public Debt.......................................................... 23 FD-4. - Government Account Series........................-........................ ........... 24 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 27 FD-8. - Debt Subject to Statutory Limitation................................................. 27 FD-9. - Status and Application of Statutory Limitation....................................... 28 FD-10. - Treasury Holdings of Securities......................... ............. ............... 29 FD-11. - Description of Securities of Government Corporations and other-Bu-siness Type Activities Held by the Treasury.................................................. 31 F E D E R A L P U B L I C D E B T 21 D E B T 22 O P E R A T I O N S PDO-1. - Maturity Schedule of Interest- Bearing Marketable Public Debt Securities..... #.... 35 PDO-2. - Offerings of Bills..................................................................... 36 PDO-3. - New Money Financing through Regular Weekly Treasury Bills........................... 38 PDO-4. - Offerings of Public Marketable Securities............................................ 39 PDO-5. - Unmatured Marketable Securities ^ PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities... PDO-7. - Disposition of Public Marketable Securities.......................................... 51 PDO-8. - Foreign Series Securities.............................................................. 54 PDO-9. - Foreign Currency Series Securities.................................................... 66 PDO-IO. - Foreign Currency Series Securities Issued to Residents of Foreign Countries........ 6? Issued at a Premium or Discount.................... ^ // Treasury Bulletin CONTENTS Page UNITED STATES SAVINGS BONDS SB-1. - Sales and Redemptions by Series, C u m u l a t i v e .............................................. 6g S B - 2. - Sales and Redemptions by Periods, All Series C o m b i n e d ................................... 63 SB-3. - Sales and Redemptions by Periods, Series E through K .................................... 69 SB-4. - Redemptions of M a tured and Unmafured Savings B o n d s ...................................... 71 SB-5. " Sale and Redemptions by Denominations Series E and H C o m b i n e d .......................... 72 SN-1. - Sales and Redemptions by P e r i o d s ........................................................... UNITED STATES SAVINGS NOTES 73 OWNERSHIP OF FEDERAL SECURITIES OFS-1. - Dis t r i b u t i o n of Federal Secu r i t i e s ......................................................... 74 OFS-2. - E stimated Ownership of Public Debt Secur i t i e s ............................................ 75 TREASURY SURVEY OF OWNERSHIP TSO-1. - Summary of Federal Secur i t i e s ....... ....................................................... TSO-2. - Interest-Bearing Marketable Public Debt Securities by Type and M aturity Distribution.. 76 77 TSO-3. - Interest-Bearing Marketable Public Debt Securities by I s s u e ............................ 77 TSO-4. - Securities Issued by Government A g e n c i e s ................................................. 79 TSO-5. - Securities Issued by Government-Sponsored Agencies and D . C ............................. 79 MARKET QUOTATIONS ON TREASURY SECURITIES MQ-1. - Treasury B i l l s ................................................................................ 80 MQ-2. - Treasury N o t e s ................................................................................ 80 MQ-3. - Treasury B o n d s ................................................................................ 82 Chart - Yield of Treasury S e c u r i t i e s ................................................................ 83 AVERAGE YIELDS OF LONG-TERM BONDS AY-1. - Average Yields of L o ng-Term Treasury, Corporate, Chart - Average Yields of Long- T e r m Treasury, Corporate, and Municipal B o n d s ................. and Municipal B o n d s . . . - ............. 84 ESF-1. - Balance S h e e t ................................................................................. 86 ESF-2. - Income and E x p e n s e ........................................................................... 87 85 EXCHANGE STABILIZATION FUND INTERNATIONAL FINANCIAL STATISTICS IFS-1. - U.S. R e serve A s s e t s .......................................................................... 88 IFS-2. - U.S. Liquid and Nonliquid Liabilities to Foreign Official Institutions, and Liquid Liabilities to All Other F o r e i g n e r s ...................................................... 89 IFS-3. - U.S. Liquid and Nonliquid Liabilities to Official Institutions of Foreign Countries, by A r e a ....................................................................................... 90 IFS-4. - Nonmarketable U.S. Treasury Bonds and N o t e s .............................................. 91 IFS-5. - U.S. Position in the International Monetary F u n d ........................................ 92 IFS- 6 . - Weighted - A v e r a g e of Exchange Rate Changes for the D o l l a r ............................... 93 January 1980 III CONTENTS CAPITAL MOVEMENTS Page LIABILITIES TO FOREIGNERS R E PORTED BY BANKS - U.S. CM-I-1. - Total Liabilities by Type of H o l d e r .......................................................... 95 CM-I-2. - Total Liabilities by Type, Payable in Dollars - Part A .................................... 97 CM-I-.2. - Total Liabilities to Nonmonetary International and Regional Organizations by Type, Payable in Dollars - Part B .................................................................. 98 CM-I-3. - Total Liabilities by C o u n t r y .................................................................. 99 CM-I-4. - Total Liabilities by Type and C o u n t r y ............................................... ...... . inn CLAIMS ON FOREIGNERS REPORTED BY BANKS IN THE UNITED STATES CM-II-1. - Total Claims b y Type (Old S e r i e s ) ............................................................ CM-II-2. - Total Claims by Type (New S e r i e s ) ............................................................ 101 101 CM-I I - 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* Own Claims, by T y p e .................................................................... 104 CM-II- 6 . - Banks* Own Claims by Type and Country Payable in D o l l a r s .................................. 105 C M-II-7. - Domestic Customers* 106 Claims b y T y p e ........................................................... SUPPLEMENTARY LIABILITIES A N D CLAIMS DA T A REPORTED BY BANKS - U.S. CM-III-1.- Dollar liabilities to, and Dollar Claims on, Foreigners in Countries and Areas Not Regularly Reported S e p a r a t e l y .............................................................. 107 CM-III-2.- Dollar Claims on Nonbanking F o r e i g n e r s ..................................................... 108 LIABILITIES TO FOREIGNERS REPORTED B Y NONBANKING BUSINESS ENTERPRISES IN THE UNI T E D STATES CM-IV-1. - Total Liabilities b y T y p e .................................................................... 109 CM-IV-2. - Total Liabilities by C o u n t r y . . . ............................................................. HO C M - I V - 3. - Total Liabilities by Type of C o u n t r y ....................................................... HI CLAIMS ON FOREIGNERS REPORTED B Y NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES CM-V-1. - Total Claims, by T y p e ......................................................................... CM-V-2. - Total Claims, by C o u n t r y ..................................................................... 113 CM-V-3. - Total Claims, by Type and C o u n t r y ........................................................... 114 CM-VI-1. - Foreign Purchases and Sales of Long-Term Domestic S e c u rities............................ 115 CM-VI-2. - Foreign Purchases and Sales of Long-Term Foreign S e curities............................. 115 CM-V I - 3. - Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes b y C o u n t r y ...... n 6 CM-VI-4. - Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes b y Country.... 117 CM-VI-5. 112 TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS - Net Foreign Transactions in Long-Term Domestic B o n d s ..................................... H 8 CM-VI- 6 . - Net Foreign Transactions in Domestic Stocks by C o u n t r y ....... ........................... 319 CM-VI-7. - Ne t Foreign Transactions in Long-Term Foreign Bonds by C o u n t r y .......................... 120 CM - V I - 8 . - N et Foreign Transactions in Foreign Stocks by C o u n t r y .................................... 121 - Foreign Purchases and Sales of L ong-Term Securities, Latest D a t e ....................... 122 CM-VI-10.- F o reign Purchases and Sales of Long-Term Securities, Latest Y e a r ....................... CM-VI-9. 123 Treasury Bulletin IV C O N T E N T S F O R E I G N C U R R E N C Y P O S I T I O N S SUMMARY POSITIONS Page FCP-I-1. - N o nbanking Firms* P o s i t i o n s ............................................................. 125 FCP-I-2. - W e e k l y B ank P o s i t i o n s .................................................................... 125 FCP-I-3. - M o nthly Ba n k P o s i t i o n s ................................................................... 125 CANADIAN D OLLAR POSITIONS FCP-II-1. - Nonbanking Firms* P o s i t i o n s ............................................................. 126 FCP-II-2. - Wee k l y Bank P o s i t i o n s .................................................................... 126 FCP-II-3. --Consolidated Mont h l y B ank P o s i t i o n s .................................................... 127 FRENCH FRANC POSITIONS FCP-III-1. - Nonbanking Firms* P o s i t i o n s ............................................................. 128 FCP-III-2. - W e e k l y Bank P o s i t i o n s .................................................................... 128 FCP-III-3. - Consolidated Mont h l y 129 Bank P o s i t i o n s .................................................... GERMAN M A R K POSITIONS FCP-IV-1. - Nonbanking Firms* P o s i t i o n s ............................................................. 130 FCP-IV-2. - W e e k l y B ank P o s i t i o n s ............... ..................................................... 130 FCP-IV-3. - Consolidated M o n t h ly Bank P o s i t i o n s .................................................... 131 ITALIAN L IRA POSITIONS FCP-V-1. - Nonban k i n g Firms* P o s i t i o n s ............................................................. 132 FCP-V-2. - W e e k l y B ank P o s i t i o n s .................................................................... 132 JAPANESE YEN POSITIONS FCP-VI-1. - Nonbanking Firms* P o s i t i o n s ........................................................... .. FCP-VI-2. - W e e k l y Ba n k P o s i t i o n s . . . . . .............................................................. 133 133 FCP-VI-3. - Consolidated Mo n t h l y Bank P o s i t i o n s ................................................... 134 SWISS FRANC POSITIONS FCP-VII-1. - N o n banking Firms* P o s i t i o n s ............................................................. 135 FCP-VII-2. - Week l y Ba n k P o s i t i o n s .................................................................... 135 FCP-VII-3. - Consolidated Mo n t h l y Ba n k P o s i t i o n s .................................................... 136 STERLING POSITIONS FCP-VIII-1. - Nonbanking Firms* P o s i t i o n s ............................................................. 137 FCP-VIII-2. - W e e k l y B ank P o s i t i o n s .................................................................... 137 FCP-VIII-3. - Consolidated Mo n t h l y Ba n k P o s i t i o n s ................................ ................... 133 UNITED STATES DOL L A R POSITIONS ABROAD FCP-IX-1. - N o nbanking Firms* FCP-IX-2. - W e e k l y B a n k Fore i g n Office P o s i t i o n s ................................................... Foreign Subsidiaries* P o s i t i o n s .................................... 139 FCP-IX-3. - M o n t h l y B a n k F o reign Office P o s i t i o n s .................................................. 140 139 January 1980 V CONTENTS FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS FEDERAL CREDIT PROGRAMS GA-II-1. - D i rect Sales and Repurchases of L o a n s ........................................................ Cumulative Table of C o n t e n t s ......................................................................... .. Note: Details of figures m a y not add to totals because of rounding. Page 142 143 VI Treasury Bulletin Treasury Financing Operations Auctions of 2-Year and 4-Year Notes Auction of 15-Year 1-Month Bonds On December 12 the Treasury announced that it would auc On December 28 the Treasury announced that it would auc tion $6,000 million of 2-year and 4-yearnotes to refund $5,199 tion million of notes maturing December 31, 1979, and to raise $801 cash. million new cash. The notes offered Series AB-1981, to be 31, 1981, The bonds of 15-year 1-month bonds to raise new offered were Treasury Bonds of 1995, to be of dated January 10, 1980, due February 15, 1995, with interest dated December 31, 1979, due December payable on August 15 and February 15 in each year until mat u and Treasury Notes were Treasury Notes $1,500 million of Series H-1983, to be dated rity. A coupon rate of 10-1/27. was set after the determination December 31, 1979, due December 31, 1983, with interest pay as to which tenders were accepted on a yield basis, the average able on June 30 and December 31 in each year until maturity. of which translated Coupon rates of ll-3/87o and 10-1/27., respectively, were 100 000 after the determinations as to which tenders were set . . into an average accepted price close to accepted Tenders for the bonds were received until 1:30 p.m., EST, on a yield basis, the averages of which translated into ave January 3 and totaled $3,724 million, of which $1,501 million rage accepted prices close to 1 0 0 .0 0 0 . was Tenders for the 2-year notes were received until 1:30 p.m., EST, December 19 $3,509 million and totaled $8,204 million, of which was accepted at yields ranging from 11.427., price 9 9 . 9 2 2 u p t o 11.447., price 99.887. Noncompetitive ten accepted at yields ranging from 10.587., price 99.352 up to 10.617., price 99.130. Noncompetitive tenders for $1 m i l lion or less from any one bidder were accepted in full at the average yield of accepted tenders, 10.607., price 99.204. These totaled $85 million. ders for $1 million or less from any one bidder were accepted Tenders were received at Federal Reserve banks and bran in full at the average yield of accepted competitive tenders, 11.437., price 99.904. These totaled $864 million. ches and at the Bureau of the Public Debt, Washington, D. C. Bearer bonds, In addition to the $3,509 million of tenders accepted in gistered with interest coupons attached, and bonds re as to principal and interest were authorized to be the auction process, $571 million of tenders were accepted at issued in denominations of $1,000, $5,000, $10,0009 the and $1 ,0 0 0 ,0 0 0 . average price from Federal Reserve banks for their own $100,000 account in exchange for maturing securities, and $134 million of tenders were accepted at the average price from Federal Reserve banks tary authorities for new cash. Tenders for $2,501 million tenders cepted totaled $4,118 million, of which was accepted at yields ranging from 10.397., 100.353 , up to 10.607., price 99.681. Noncompetitive for $1 million or less from any one bidder were ac in full at the average yield of accepted competitive tenders, 10.527., price 99.936. On $4,000 the 4-year notes were received until 1:30 p.m., EST, December 20 and price 52-Week Bills as agents for foreign and international mon e These totaled $441 million. uary 8 , 1980, to refund the tenders were invited for approximately, of 360-day Treasury bills to be dated and to mature January 2, 1981. 2. Jan The issue was $3,705 million of bills maturing January 8 and to raise $295 million n ew cash. Tenders were opened on January They totaled $6,322 million, of which $4,001 million was accepted, including $195 million of noncompetitive tenders from the public and $1,501 million of the bills issued at the average price to Federal Reserve banks for themselves and as agents In addition to December 27 million for foreign and international monetary authorities. $2,501 million of tenders accepted The average bank discount rate was 11.0407.. An additional $7 in the auction process, $156 million of tenders were accepted million of the bills was issued to Federal Reserve banks as at the average price from Federal Reserve banks for their own agents for foreign and international monetary authorities for account in exchange for maturing securities. new cash. Tenders were received in both auctions at Federal Reserve banks and branches and at the Bureau of the Public Debt, W ash ington, D. C. and notes thorized 13-Week and 26-Week Bills Bearer notes, with interest coupons attached, registered to be as to principal and interest were au issued in denominations of $5,000, $10,000, $1 0 0 ,0 0 0 and $1 ,0 0 0 ,0 0 0 in the case of the 2-year notes and $1,000,$5,000, $1 0 ,0 0 0 , $1 0 0 ,0 0 0 and $1 ,0 0 0 ,0 0 0 the 4-year notes. in the c a s e of Issues of regular weekly Treasury bills in December to taled $25,600 million. and These issues were offered for cash in exchange for bills maturing in the amount of $23,600 million. There were four 13-week issues of $3,200 and four 26-week issues of $3,200 million. million Average rates for the new issues are shown in the following table. January 1980 VII Treasury Financing Operations—Continued tion. Annual average rate (bank discount basis) Date of issue No deposit need accompany tenders from 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 Branches. 1979 13-week 2 6-week 11.928 12.054 12.228 12.074 11.767 11.769 11.999 11.854 A deposit of 2 percent of the par amount of the bills applied for must accompany tenders for such bills from others, unless December 6 13 20 27 an express guaranty Noncompetitive for Treasury Bills (Other than Cash management bills) - General Treasury bills are sold on a petitive and noncompetitive discount basis under com bidding, and at their par amount is payable without interest. issued entirely $10,000 either and in book-entry in any higher form maturity in a minimum amount of $5,000 multiple, on the records of the Federal Reserve Banks and Branches, or of the Tenders are received at Federal Reserve banks and branches ington. Each tender must be for a minimum of $10,000. over $10,000 must be in the weighted average multiples of $5,000. Payment for the full par amount applied for must accompany all ten ders submitted for bills to be maintained on the book-entry records of the Department of the Treasury. A cash adjustment for accepted tenders must be made or completed on the date of issue, in cash or other immediately available funds or in a like par amount of Treasury securities maturing on or before that date. loan accounts. Doliar-denominated sisting of 5 notes and 15 certificates of indebtedness. demptions during the month totaled $2,445 million. Re At the end of December, dollar-denominated foreign series securities out standing totaled mitted and page 65 .) Note: foreign series securities issued to official institutions in December totaled $2,100 million, con will be made for the difference between the par payment sub the actual issue price as determined in the auc Payment for 13-week, 26-week, and may not be made by credit in Treasury tax and Nonmarketable Foreign Series Securities - Foreign Governments Ten Payment price of accepted competitive bids for an issue. 52-week bills and from individuals at the Bureau of the Public Debt, Wash Lenders (without stated price), usually $500,000 or less from any one bidder, for each issue of 13-week, 26-week, and 52-week bills, are accepted in full at All series are Department of the Treasury. ders of payment by an incorporated bank or trust company accompanies the tenders. Details of figures may not add to totals because of rounding. $23,551 million. (Details are shown on 1 January 1980 ________ FEDERAL FISCAL OPERATIONS^_ Table FFO-1. - Summary of Fiacal Operations (In millions of dollars) Budget receipts and outlays Means of financing— net transactions Borrowing from the public— Federal securities Fiscal year or month Surplus Net Net or receipts \) outlays 2/ deficit (-) 1-2 (1) 1971............ 1972............ 1973............ 1974............ 1975............ 1976............ (2) (3) Total 4+5-6 Within general account of the U.S. Treasury 5/ (5) -347 -1,269 216 903 -1,069 10 724 -1,380 -1,417 -1,649 7,417 8,420 11,822 14,813 7,031 4,341 -3,514 9,243 12,181 19,685 (7) 19,448 19,442 19,275 3,009 50,853 82,913 18,507 53,516 59,106 33,641 (8) 826 1,668 2,068 -3,380 n.a. n.a. n.a. 42,887 6,632 6,181 -336 -50 1,060 2,599 5,236 3,533 -2,731 -5,100 -12,581 11,478 -3,331 13,223 1,247 1,753 4,585 -409 8,411 119 -208 -16 -432 -168 -237 -92 -2,273 2,405 -3,858 4,387 6,368 1,484 3,312 -668 8,012 -4,965 1,806 -1,458 40,482 54,279 29,625 47,807 46,841 -7,214 -14,926 17,670 -14,708 -8,522 2,564 5,663 13,379 268 7,046 -71 -18 -13 -19 -80 -2,338 2,378 9,116 -1,968 1,418 4,831 3,268 4,250 2,217 5,548 94,649 -23,230 7,314 -100 -551 7,765 1977............ 1978............ 1979............ -23,033 -23,372 -14,849 -4,689 -45,188 -66,434 -12,956 -44,963 -48,839 -27,281 3J 1980 (Est.)...... 513,865 547,092 -33,227 Dec......... 33,227 37,477 39,187r 41,392 38,364 32,639 31,144 52,230 38,287 53,910 41,095 37,739 43,725 40,752 41,618 40,687 33,268 39,353 47,295 33,099 38,320 71,419 Oct......... Nov......... Invest ments of Govern ment ac counts kj (4) 211,425 ‘ 232,021 247,074 269,620 326,185 366,439 94,729 402,725 450,836 493,221 3/ Aug......... Agency securi ties 27,211 29,131 30,881 16,918 58,953 87,244 14,269 64,139 72,705 54,975 188,392 208,649 232,225 264,932 280,997 300,006 81,773 357,762 401,997 465,940 1979-Jan......... Feb......... Mar......... Apr......... Public debt securi ties Cash and monetary assets (Deduct) -5,961r -3,915 (6) U.S. Treasury operating cash Special drawing rights 6/ d 2) _ -908 ^ -988 50 525 1,121 1,024 764 132 -594 -2,237 - -1,570 7,246 2,579 1,690 3,340 1,732 (10) 290 711 -8 245 123 -302 -59 -267 352 -716 (11) -208 1,079 -1,264 91 647 -172 -385 684 -75 1,629 - n.a. n.a. n.a. n.a. -2,691 3,438 -1,575 36 3,803 -1,478 -3,022 327 -1,146 -8,258 798 657 -3,685 12,828 1,103 11 -5 -65 -478 46 298 -28 -18 2,417 -1,457 160 -28 97 4 -18 93 11 -3,955 -6,580 17,226 -13,716 -4,869 19 -* 36 -66 46 -773 -29 -689 -403 201 -3 75 -11 -34 89 -20 -202 55 - - _ _ - - - (9) Gold tranche drawing rights 7/ Other - Fiscal 1980 Means of financing— net transactions — Con. Selected balances, end of period Federal. securities Fiscal year or month 1971........... 1972........... 1973........... 1974........... 1975........... 1976........... T.Q............ 1977........... 1978........... 1979........... Other 8/ Transactions not applied to year's surplus or deficit 9/ (13) (14) Total budget financing 7-8-9-10 -11-12+13+14 (15) General ac count of the U.S. Treasury U (16) Investments of Govern ment accounts Held-by the public 18+19-20 (20) - 7,589 14,835 17,414 19,104 22,444 24,176 105,140 113,559 125,381 140,194 147,225 151,566 148,052 157,295 169,477 189,162 304,328 323,770 343,045 346,053 396,906 479,819 498,327 551,843 610,948 644,589 - - n.a. n.a. n.a. n.a. 12,854 16,291 783,026 789,207 8,537 8,487 168,894 171,492 622,669 626,202 15,146 6,887 7,685 8,342 4,657 17,485 790,454 792,207 796,792 796.,383 804,794 804,913 8,279 8,263 7,832 7,663 7,426 7,334 169,220 171,625 167,767 172,153 178,522 180,006 629,513 628,845 636,857 631,893 633,699 632,241 " 13,530 6,950 24,176 10,460 5,591 807,477 813,140 826,519 826,787 833,833 7,263 7,245 7,232 7,213 7,132 177,668 180,045 189,162 187,193 188,611 637,072 640,340 644,589 646,806 652,354 - 5,591 833,833 7,132 188 ,'611 652,354 10,117 11,785 13,854 10,473 1980 (Est.)..... n.a. n.a. 33,227 1978-Nov........ Dec........ -2,336r 3,338 1979-Jan........ Feb......... Mar........ Apr........ May........ June....... 78 -1,849 6,061 -2,254 -2,875 2,942 -432 -561 -713 -1,268 -1,128 -1,662 2,731 5,100 12,581 -11,478 3,331 -13,223 -1,641 5,905 -3,534 -2,121 -1,901 -687 -781 -1,823 392 342 7,214 14,926 -17,670 14,708 8,522 -4,022 734 23,230 Nov........ (18) Agency securities 10/ (19) 23,033 23,372 14,849 4,689 45,188 66,434 12,956 44,963 48,839 27,281 5,961r 3,915 (17) Public debt securities 12,163 10,894 11,109 12,012 10,943 10,953 11,678 10,298 8,881 7,232 482 1,442 340 451 -7,312 -6,727 -2,453 -8,318 -9,490 -8,897 425r -633 U.S. Treasury operating cash 397,305 426,435 457,317 474,235 533,188 620,432 634,701 698,840 771,544 826,519 3,103 * 4,958 -3,921 -l^O 1,968 -1,956 -199 2,004 2,246 2,945 Aug........ -18,585 - . - . - - _ - _ - (21) Fiscal 1980 Footnotes on following page. 2 Treasury Bulletin FEDERAL FISCAL OPERATIONS Footnotes to Table FFO.-l. Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government. Note: Budget estimates are based on the revision of the Mid-Session Review of the 1980 Budget released on July 31, 1979; adjusted to include revised estimates for the Energy Security Program and Department of Defense increases. 1/ For detail see Table FFO-2. 2/ For detail see Table FFO-3. 3/ The joint Treasury-Office of Management and Budget Press Statement, released with the Monthly Treasury Statement, has adjusted these totals to include operating expenses and interest receipts of the Exchange Stabilization Fund. The totals in the press release are $493.6 billion for outlays and $-27.7 billion for the deficit. 4/ For detail see Table FFO-6. 5/ Beginning fiscal 1975, balances "Within general account of the U.S. Treasury” are presented in columns 9 and 13. 6/ 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. 9/ 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. 10/ For detail see Table FD-6 . n.a. Not available, r Revised. 7/ 8/ January 1980 3 ____ FEDERAL FISCAL OPERATIONS Table FFO-2. - Budget Receipts by Souree (In millions of dollars) Social insurance taxes and contributions Income taxes Fiscal year or month Net budget receipts Corporation Individual Withheld 1/ Other Refunds Net Gross Employment taxes and contributions Refunds Net income taxes Net Old-age, disability, and hospital insurance Gross 1971................... 1972................... 1973................... 1974................... 1975................ *.. 1976................... Refunds Net 76,490 83,200 98,093 112,092 122,071 123,441 32,950 144,857 165,254 195,331 24,262 25,679 27,019 30,812 34,328 35,528 6,809 42,062 47,804 56,215 14,522 14,143 21,866 23,952 34,013 27,367 958 29,293 32,070 33,705 86,230 94,737 103,246 118,952 122,386 131,603 38'801 157,626 180,988 217,841 30,320 34,926 39,045 41,744 45,747 46,783 9,809 60,057 65,380 71|,448 3,535 2,760 2,893 3,125 5,125 5,374 1,348 5,164 5,428 5,771 26,785 32,166 36,153 38,620 40,621 41,409 8,460 54,892 59,952 65,677 113,015 126,903 139,153 157,571 163,007 172,204 47,175 212,512 240,940 283,518 41,237 45,559 54,166 65,016 74,075 78,792 21,475 90,701 102,589 118,521 518 447 479 535 360 408 400 518 636 40,719 45,111 53,687 64,481 73,715 78,384 21,475 90,310 102,071 117,884 1977................... 1978................... 1979................... 188,392 208,649 232,225 264,932 280,997 300,006 81,773 357,762 401,997 465,940 1980 (Est.)............ 513,865 202,716 65,581 40,974 234,165 76,913 5,926 71,210 305,375 137,131 519 136,612 1978-Nov............... 33,227 37,477 16,268 15,454 533 830 192 219 16,609 16,066 1,541 10,769 493 382 1,048 10,386 17,657 26,452 9,443 6,880 - 9,443 6,880 38,364 32,639 31,144 52,230 38,287 53,910 15,844 16,297 16,204 15,544 16,742 18,084 7,866 1,037 3,119 17,975 5,696 8,424 42 2,825 11,068 8,489 7,864 940 23,667 14,509 8,255 25,029 14,575 25,568 2,538 1,706 9,879 10,418 1,870 16,016 392 424 578 *651 467 376 2,146 1,281 9,301 9,767 1,403 15,640 25,814 15,790 17,556 34,796 15,978 41,208 8,390 11,529 9,446 11,965 12,925 9,312 33,268 39,353 47,295 33,099 38,320 16,714 16,955 16,194 17,777 18,725 1,241 1,041 7,349 1,183 589 869 781 201 278 342 17,086 17,215 23,341 18,682 18,972 2,518 1,661 10,096 2,543 1,684 499 293 463 1,068 524 2,019 1,368 9,633 1,476 1,160 19,105 18,583 32,975 20,158 20,133 8,784 13,217 10,087 7,957 11,899 71,419 36,502 1,772 620 37,655 4,227 1,591 2,636 40,291 19,856 1979-Jan............... Feb............... May..... ,......... July.............. Aug............... Oct............... 1 _ - 636 - - - 8,390 11,529 9,446 11,965 12,925 8,675 8,784 8,784 10,087 7,957 11,899 Fiscal 1980 19,856 Social insurance taxes and contributions - Continued Fiscal year or month Net contributions for other insurance and retirement Unemployment insurance Employment taxes and contributions - Con. Railroad retirement accounts Refunds Gross Net Net employment taxes and contributions Gross Refunds Net unentpioymen t insurance Federal supple mentary medical insurance Federal employees retirement Other retirement Total 1977.................... 1978.................... 1979.................... 981 1,009 1,190 1,412 1,490 1,525 328 1,909 1,823 2,190 * 1 1 * * * * * 1 * 980 1,008 1,189 1,411 1,489 1,525 328 1,908 1,822 2,190 41,699 46,120 54,876 65,892 75,204 79,909 21,803 92,210 103,893 120,074 3,682 4,370 6,070 6,863 6,804 8,085 2,704 11,347 13,892 15,438 8 13 19 26 33 32 6 36 42 51 3,674 4,357 6,051 6,837 6,771 8,054 2,698 11,312 13,850 15,387 1,253 1,340 1,427 1,704 1,901 1,937 539 2,193 2,431 2,636 1,916 2,058 2,146 2,302 2,513 2,760 706 2,915 3,174 3,428 37 39 41 45 52 54 13 59 62 66 3,207 3,437 3,614 4,051 4,466 4,752 1,258 5,167 5,668 6,130 1980(Est.).............. 2,539 * 2,539 140,006 15,916 61 16,140 2,909 3,472 66 6,^54 1978-Nov............... 319 179 * * 319 179 9,762 7,059 1,664 176 2 1 1,662 174 212 209 282 269 5 5 499 483 1979-Jan............... Feb............... Mar............... 49 322 190 79 324 21 * * * 49 321 190 79 324 20 8,439 11,850 9,636 12,044 13,250 8,696 479 1,287 204 1,623 4,872 197 1 1 6 15 8 8 478 1,286 198 1,608 4,864 188 229 215 225 223 219 214 270 258 307 284 315 270 5 5 8 6 3 7 512 478 540 513 538 491 73 360 223 55 360 * -* -* * -* 72 360 223 55 360 8,857 13,577 10,310 8,013 12,259 1,207 2,849 157 842 1,652 3 3 2 1 2 1,204 2,847 154 840 1,650 224 425 34 246 236 276 309 304 278 286 4 6 6 6 1 504 740 344 530 524 -* 415 20,272 2,494 3 2,491 482 564 8 1971.................... 1972.................... 1973.................... 1974.................... 1975.................... 1976.................... May............... July.............. Aug............... Fiscal 1980 415 1,054 Treasury Bulletin 4 .FEDERAL FISCAL OPERATIONS* Table FFO-2. - Budget Receipts by Source-Continued (In millions of dollars) Social insurance taxes and contributionsContinued Fiscal year or month Excise taxes Airport and airway trust fund Miscellaneous Net social insurance taxes and contri butions Refunds Highway trust fund Refunds Refunds 197 1 197 2 197 3 197 4 197 5 197 6 T.O....... 197 7 197 8 197 9 48,578 53,914 64,542 76,780 86,441 92,714 25,759 108,688 123,410 141,591 10,643 10,562 9,995 9,884 9,550 10,753 2,564 9,796 10,203 9,978 133 1,056 158 141 150 141 44 148 149 169 10,510 9,506 9,836 9,743 9,400 10,612 2,520 9,648 10,054 9,808 564 650 760 842 964 940 277 1,193 1,328 1,528 563 649 758 840 962 938 277 1,191 1,326 1,526 5,664 5,635 5,818 6,384 6,334 5,565 1,677 6,844 7,042 7,322 123 313 153 123 146 152 1 135 137 133 5,542 5,322 5,665 6,260 6,188 5,413 1,676 6,709 6,904 7,189 136 7,466 1980 (Est.) 161,321 9,275 152 9,123 1,619 1,617 7,602 1978-Nov... Dec... 11,923 7,716 882 872 15 10 868 861 141 125 140 125 686 591 1979-Jan..., Feb..., Mar..., Apr..., May..., June.., 9,429 13,614 10,373 14,165 18,652 9,375 811 718 804 874 851 684 17 +33 58 13 11 13 795 751 746 861 840 671 117 108 112 125 122 133 117 108 112 125 122 133 588 587 567 611 627 658 July.., Aug... Sept.. Oct... Nov... 10,566 17,164 10,809 9,384 14,433 952 672 960 838 848 15 16 19 17 9 937 657 941 821 839 144 143 134 129 163 144 143 134 129 162 Fiscal 1980 to date..., 23,817 1,687 26 1,660 Excise taxes - Continued Fiscal year or month Gross 1971.................. 1972.................. 1973.................. 1974.................. 1975.................. 1976.................. Refunds _ Net . Gross Refunds Net earnxngs by Federal Reserve banks All other Total 3,858 3,633 3,921 5,369 6,711 8,026 1,613 6,531 7,413 9,237 249 21,610 ,111 6. 100 5,709 8,642 195 8,143 8,600 1,278 17 20 1,712 1,597 469 395 9 9 460 386 657 613 11 19 646 594 734 674 96 58 829 732 - - Net 92 222 17 20 - Refunds 325 380 426 523 935 2/ 2,576 3/ 112 623 772 910 249 - Gross 3,533 3,252 3,495 4,845 5,777 5,451 1,500 5,908 6,641 8,327 1980 (Est.)............ 17 31 18 18 44 Deposits of excise taxes 2,591 3,287 3,188 3,334 3,676 4,074 1,212 5,150 6,573 7,439 1978-Nov............... July.............. Aug............... Net miscellaneous receipts Customs duties 66 107 120 110 106 134 31 • 137 156 201 1977.................. 1978.................. 1979.................. May............... 1,186 2,657 3,394 3,308 3,444 3,782 4,209 1,243 5,28*7 6,729 7,640 - - 1,188 3,735 5,436 4,917 5,035 4,611 5,216 1,455 7,327 5,285 5,411 92 222 20 14 20 17 14 14 567 579 609 560 667 567 579 608 49 54 59 66 77 91 31 98 96 109 - _ - 560 668 3,,784 5,,490 4,,976 §.,101 4,,688 5,,307 1.,485 7.,425 5,,381 5,,519 - _ 588 564 555 526 625 646 23 12 85 2 12 16,614 15,477 16,260 16,844 16,551 16,963 4,473 17,548 18,376 18,745 - 1979-Jan............... Feb............... Estate and gift taxes Black lung disability trust fund 4/ 688 591 10,428 20 14 20 17 14 14 1,520 1,436 1,434 1,529 1,601 1,464 489 441 455 332 569 422 4 15 6 8 10 8 485 426 449 323 559 414 64& 540 633 644 663 656 15 13 12 21 18 20 630 527 621 623 645 637 410 748 637 730 749 750 76 97 74 64 103 61 486 846 '712 794 852 811 17 31 18 18 44 1,659 1,497 1,660 1,547 1,653 475 539 445 535 527 12 6 11 9 8 463 533 434 526 518 663 708 583 673 623 16 19 24 27 18 647 689 559 646 605 737 808 801 745 887 91 78 58 93 90 828 886 859 838 977 62 3,200 1 ,,062 18 1,044 1,297 45 1,251 1,633 183 1,815 Fiscal 1980 62 Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government. Note: Budget estimates for net receipts are based on the revision of the Mid-Session Review of the 1980 Budget released on July 31, 1979. Est imates in detail are not available and are based on the 1980 Budget of the U.S. Government, released January 22, 1979. 1/ Includes individual income taxes designated for the Presidential election campaign fund. Prior to February 1974, these taxes were 2/ 3/ 4/ * included in "Other". Includes $442,615 thousand in fees for licenses to import petroleum and petroleum products. Includes $1,670 million in fees for licenses to import petroleum and petroleum products. 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. BUDGET RECEIPTS BY SOURCE F is c a l Y e a r s 1 9 7 1 -1 9 8 0 $ B il. 500 TO TAL Comparison ■first two months 1979 and 1980 $ B il. 200 In d iv id u a l In c o m e T a x e s 0 - 1 71 I 72 73 74 75 76 75 76 .ll n TO 77 78 79 80 77 78 79 80 S o c ia l In s u ra n c e T a x e s - a n d C o n t r ib u t io n s C o r p o r a t io n T a x e s 2 0 — E x c is e T a x e s 20 0 O th erJL/ a1 71 72 73 >21 74 ZZZA. Source: Monthly Treasury Statement of Receipts and Outlays of the U.S. Goverment. For actual amounts see preceding Table FFO-2. J 7 Includes estate and gift taxes, customs duties, and miscellaneous receipts. TO 6 Treasury Bulletin _____________________________ ________ FEDERAL FISCAL nPEBtTinMS Table FFO-3. - Budget Outlays by Agency (In millions of dollars) Fiscal year or month 1971.............. 1972.............. 1973.............. 1974.............. 1975.............. 1976.............. Legis lative branch The judi ciary Executive Office of the President Funds ap propriated to the President Defense Department Agricul Commerce ture De Depart partment ment Military Civil itepartment 1/ 2/ Health, Education, & Welfare Department Housing & Urban De velopment Department Inerior Depart ment 2/ 3/ Justice Depart ment 1977.............. 1978.............. 1979.............. 384 487 540 625 726 779 225 976 1,049 1,077 142 173 183 205 284 325 85 392 435 480 47 55 49 75 93 79 16 73 75 80 4,540 4,269 3,733 4,015 3,572 3,525 1,221 2,487 4,450 2,537 8,560 10,943 10,028 9,767 9,725 12,796 3,850 16,738 20,368 20,634 1,188 1,250 1,368 1,455 1,583 2,020 534 2,607 5,239 4,072 74,546 75,150 73,297 77,625 85,420 88,036 21,926 95,650 103,042 115,013 1,376 1,530 1,703 1,682 2,051 2,124 583 2,280 2,553 2,908 2,439 2,545 2,558 2,493 3,524 3,888 1,000 5,252 6,286 7,889 61,866 71,779 82,042 93,735 112,411 128,785 34,341 1 147,455 162,856 181,186 2,890 3,642 3,592 4,786 7,475 7,079 1,394 5,838 7,589 9,218 225 1,256 -2,236 -4,881 2,162 2,293 788 3,152 3,821 4,087 916 1,180 1,531 1,797 2,067 2,242 551 2,350 2,397 2,522 1980 (Est.)........ 1,289 586 92 7,496 18,351 3,289 127,400 3,041 9,351 202,216 10,772 3,781 2,516 1978-Nov.......... 78 86 49 30 6 4 1979-Jan.......... Feb.......... 92 79 89 87 90 95 35 78 42 ' 53 33 32 96 97 84 89 97 186 June......... July......... -170r 273 2,654 2,859 475i 418 9,216r 9,383 289 245 631r 677 14,512 15,017 487r 844 -317r 266 255 176 8 4 6 12 5 ' 6 356 335 502 127 557 79 3,352 1,712 1,724 1,999 1,178 550 355 315 299 288 323 301 9,218 8,920 9,979 9,329 9,830 9,838 218 170 177 197 212 246 571 683 771 589 710 755 14,416 14,584 15,762 14,728 15,384 15,282 807 622 831 552 818 933 246 465 264 299 488 207 229 183 210 203 237 203 38 55 34 56 38 8 8 5 7 6 -524 396 348 878 848 1,093 913 904 1,712 1,870 276 258 278 346. 265 10,256 10,547 9,353 10,180 10,563 282 305 347 348 300 650 743 685 496 791 15,054 25,930 , 6,413 16,389 16,764 779 1,009 826 1,133 1,535 264 503 458 332 23 210 215 191 255 229 93 13 1,726 3,582 610 20,744 648 1,287 33,154 2,698 355 483 , Fiscal 1980 Treasury Department Fiscal year or month Labor Depart ment State Transpor Interest Depart tation ment Depart on the public ment debt 4/ Other 1/ Environ mental Protection Agency General Services Adminis tration Undistributed Offsetting Receipts 3/ 5/ National Aero nautics and Space Admin. Veterans Adminis tration Other independ ent agencies 2/ 1971.............. 1972.............. 1973.............. 1974.............. 1975.............. 1976.............. T.Q............... 1977.............. 1978.............. 1979.............. 7,923 10,033 8,639 8,966 17,649 25,742 5,905 22,374 22,896 22,650 468 568 591 730 844 , 1,061 316 1,076 1,252 1,548 7,247 7,531 8,183 8,112 9,247 11,936 3,003 12,514 13,452 15,486 20,959 21,849 24,167 29,319 32,665 37,063 8,102 41,900 48,695 59,837 31 275 6,792 6,674 8,605 7,256 1,584 8,484 7,660 4,759 701 763 1,114 2,032 2,530 3,118 1,108 4,365 4,071 4,800 501 589 468 -276 -624 -92 3 -31 83 173 3,381 3,42? 3,311 3,252 3,267 3,670 953 3,944 3,980 4,187 9,756 10,710 11,968 13,337 16,575 18,415 3,957 18,019 18,962 19,887 8,715 9,878 11,832 13,988 18,433 19,003 5,851 19,884 25,396 26,682 1980 (Est.)........ 26,358 1,905 16,369 67,600 3,089 4,764 133 4,792 20,826 29,442 6/ 1978-Nov........... Dec.......... 1,465 1,637 136 30 1,293 1,192 4,146 8,138 342 367 75 116 350 333 1,665 2,648 2,043 1,895 2,321 1,973 1,990 1,824 107 139 116 116 96 82 1,295 934 1,193 1,181 1,149 1,176 4,112 4,320 4,281 4,385 4,663 8,638 956 150 118 1,978 55 -434 430 366 379 374 396 414 -192 37 128 -147 91 112 354 365 389 198 366 389 2,097 2,240 1,855 1,701 1,697 102 348 122 255 138 1,443 1,518 1,462 1,746 1,548 4,301 4,671 4,360 4,653 5,330 1,256 -89 -329 1,582 -285 456 461 424 521 452 -56 81 90 -166 50 3,397 394 3,293 9,983 1,297 973 -116 Feb........... Mar.......... Apr.......... July......... -lOOr -659 Rents and Royalties on the Outer Continental Shelf lands _ Total 6/ Other , -2,428 -2,662 -1,311 -2,374 -2,259 -3,267 -7,376 -7,858 -8,379 -9,893 -11,670 -12,042 -1,255 -12,679 -13,514 -15,222 211,425 232,021 247,074 269,620 326,185 366,439 94,729 402,725 450,836 493,221 -2,265 -16,392 547,092 l,730r 2,180 -117 -143 -595 -4,727 39,188r 41,392 754 1,620 2,715 837 1,691 2,495 1,849 1,295 2,033 2,057 2,012 2,392 -147 -958 -116 -116 -154 -118 -369 -573 -487 -548 -601 -4,812 41,095 37,739 43,725 40,752 41,618 40,687 341 413 387 384 415 664 2,556 597 1,807 2,698 2,148 2,205 2,384 3,795 2,522 -387 -316 -600 -138 -121 -366 -787 -1,055 -584 -931 40,482 54,279 29,625 47,807 46,841 799 4,505 6,317 -259 -1,515 94,649 - Fiscal 1980 Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government. Budget estimates are based on the revision of the Mid-Session Review of the 1980 Budget released on July 31, 1979. Note: Outlays consist of disbursements less proprietary receipts from the public and certain intrabudgetary transactions. Agency shifts are shown in this table beginning with the period of such shifts; figures prior to the shifts have been adjusted. 1/ Pursuant to Public Law 95-91, as of October 1, 1977, all functions of * the Energy Research and Development Administration, Federal Energy Administration, and Federal Power Commission, and certain functions 2/ 3/ 4/ 5/ r of Interior (Bonneville Power Administration and other Power adminis trations), certain other departments, and the Interstate Commerce Commission were transferred to the Energy Department. Cumulative year to date figures may not add due to budget realignments. Prior to January 1975, Rents and royalties on the Outer Continental Shelf lands were shown as proprietary receipts from the public for the Interior Department. To conform with the FY 1976 Budget Document's presentation, these amounts were reclassified and are now being shown as undistributed offsetting receipts. Reported on an annual basis. For content see Table FFO-4. 6/ Includes undistributed allowances. Revised. January 1980 7 .FEDERAL FISCAL OPERATIONS. Table FFO-4. - Undistributed Offsetting Receipts (In millions of dollars) Interest credited to certain Government accounts Federal employer contributions to retirement: funds Fiscal year or month Health, Education, and Welfare Dept. of Personnel Management Civil Service Federal Old-Age, Retirement and Disability an<f Hospital Insurance Disability Fund Health, Education, and Welfare Department Defense Department Other 1/ Soldiers' & Airmen's Home Permanent Fund Federal Old-Age and Survivors Insurance Trust Fund ffcde&g Disability Insurance Trust Fund Federal Hospital Insurance Trust Fund Federal Supp 1emen tary Medical Insurance 1971* ..... . 197 2 . 197 3 . 197 4 . 197 5 197 6 . r.Q...... 197 7 197 8 . 197 9 727 742 816 911 1,082 1,138 294 1,152 1,266 1,342 1,876 2,018 2,101 1,756 1,918 2,080 592 2,192 2,427 2,511 8 9 10 652 980 1,024 99 1,204 1,170 1,417 2,611 2,768 2,927 3,319 3,980 4,242 985 4,548 4,863 5,271 1,617 1,718 1,848 2,039 2,296 2,346 80 2,275 2,153 1,919 324 388 435 479 512 467 13 374 249 303 183 190 198 406 607 708 5 770 780 868 17 29 43 77 104 104 4 132 229 362 1980 (Est). 1,428 2,645 1,408 5,476 1,660 402 1,063 336 1978-Nov..., Dec.... 102 103 210 350 50 53 364 508 80 730 7 112 9 398 4 144 1979-Jan..., Feb..., Mar..., Apr..., May..., June.., 109 112 117 107 119 118 214 187 176 251 200 206 55 63 89 69 50 60 378 362 383 427 369 384 11 77 34 57 55 683 2 12 5 8 7 128 7 4 9 5 13 410 2 3 10 7 14 161 July.., Aug..., Sept.., Oct..., Nov..-, Fiscal 1980 to date... 117 122 118 108 198 353 125 303 227 58 90 718 59 63 373 565 960 470 400 13 89 32 59 95 2 13 3 5 10 4 2 4 7 7 154 15 . 111 219 Interest credited to certain Government accounts - Continued Labor Department Trans portation Department Fiscal year or month Unemploy Black Lung ment Disability Trust Fund Trust Fund 1971................ 1972................ 1973................ 1974................ 1975................ 1976................ Highway Trust Fund _ Veterans Administration Government Life Insurance Fund National Service Life Insurance Fund 31 32 31 31 31 31 * 32 32 34 271 292 309 338 368 398 8 433 460 529 Office of Personnel Management fcivil Service Retirement and Disability Fund 1,232 1,464 1,566 1,838 2,136 2,463 71 2,841 3,356 4,053 Bgiit and royalties o b the Oucer Continental Shelf lands If Grand Total Railroad Retirement Board Other 2/ 251 258 262 -257 274 246 16 230 209 192 14 12 23 40 130 162 3 213 246 325 4,765 5,089 5,452 6,574 7,690 7,800 270 8,131 8,651 9,951 2,428 2,662 1,311 2,374 2,259 3,267 7,376 7,858 8,378 9,893 14,098 14,704 2,567 15,053 15,772 18,489 Total If - 1977................ 1978................ 1979................ 637 496 487 650 639 283 55 232 266 503 1 * 184 206 247 415 586 587 13 593 662 853 1980 (Est.)......... 545 - 918 30 516 4,910 211 342 10,916 2,265 18,657 1978-Nov............ Dec............ 33 194 * * 16 355 713 4,870 2 4 6 11 12 405 3 57 14 23 74 1,937 3 139 * 3 1 4 3 160 117 143 * * * * - 15 81 * 11 5 5 14 47 231 4,219 -36 37 17 -2 39 215 * 255 * 3 * 2 * 263 65 1,792 1979-Jan............ Feb............ Mar............ * 17 * * * * * 17 -9 211 104 121 232 4,429 147 958 116 116 154 118 516 1,530 603 664 755 4,931 - 3 8 15 24 23 * * * * * * 3 * 1 * 3 56 13 20 7$ -1 6 2 9 261 2 4 5 4 3 -7 222 95 114 531 387 316 600 138 121 753 1,103 1,655 722 1,052 47 * 1 95 269 7 645 259 1,774 May............ July........... Fiscal 1980 to date............ -35 38 15 -19 53 - - - 34 ‘ ' Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government. Note: Budget estimates are based on the revision of the Mid-Session Review of the 1980 Budget released on July 31, 1979. 1/ Includes receipts from off-budget Federal ageneies to the Civil Service Retirement and Disability Fund as of May 1974. 2/ Beginning fiscal 1974, includes adjustments of interest on public debt issue to convert to the accrual basis. Also includes Indian tribal funds, Interior Department, Judicial survivors annuity fund, State, 3/ * ! : foreign service retirement and disability fund, and Airport and Airway trust fund. Prior to January 1975, Rents and Royalities on the Outer Continental Shelf Lands were shown as proprietary receipts from tie public for the Interior Department. To conform with the FY 1976 Budget Docu ment's presentation, these amounts were reclassified and are now being shown as undistributed offsetting receipts. As a result, the detail will not add to the Fiscal Year 1974 totals. Less than $500,000. 00 Table FF0-5. - Budget Outlays by Function (In millions of dollars) Fiscal 1979 F.Y. 1980 Function Comparable Cumulative period fiscal to date 1979 Nov. Dec. Jan. Feb. Mar. Apr, May June July Aug. Sept Oct. Nov. Proprietary receipts from the public... 9,437 -187 -10 9,307 149 -5 9,438 -134 * 8,838 -31 -3 10,166 -8 1 9,430 20 -11 10,047 -88 6 10,050 -79 3 10,405 -1 -6 10,727 -72 2 9,228 -13 -15 10,842 -109 * 21,429 -259 12 18,737 -311 10 Total........................... 9,239 9,450 9,304 8,803 10,159 9,439 9,965 9,973 10,397 10,657 9,200 10,587 -150 11 10,448 10,734 21,182 18,437 Proprietary receipts from the public... 1,096 -1,143 -* 1,305 -965 -* 1,489 -939 -* 797 -337 -* 1,663 -767 -* 1,143 -736 -* 1,145 -402 -* 1,454 -972 -* 557 -985 -* 1,211 -263 -4 1,847 -1,014 -85 1,529 -223 -43 2,963 -466 -43 2,231 -1,891 -63 Total........................... -47 339 550 460 896 407 743 482 -428 944 748 1,263 1,433 -244 1,190 2,453 278 412 -* 407 -* 421 -1 422 -* 465 -7 256 -* 442 -* 461 -* 433 * 504 -* 965 -* 452 -1 515 -* 968 -1 780 -1 412 407 421 422 459 256 442 461 433 503 965 451 515 966 779 837 -51r - 794 -46 - 689 -67 - 955 -51 - 761 -61 - 727 -62 - 827 -90 - 881 -92 - 803 -90 - 923 -135 - 618 -154 -5 88 -36 - 866 -223 - 954 -259 - 1,718 -118 - 786r 747 622 904 700 665 737 789 713 789 459 52 643 694 National d6£6ii6e . International affairs *1 General science, space, and technology Proprietary receipts from the public... Total........................... Energy Proprietary receipts from the public... Total.......... ..... ........... = Natural resources and environment = = 1,600 ” Proprietary receipts from the public... 1,137 -234r -7 1,487 -353 -9 1,158 -189 -16 977 58 -5 1,041 -175 -11 1,120 -151 -3 1,113 -136 -8 1,188 -283 -5 1,330 -169 -8 1,416 238 -8 1,457 -202 -21 1,663 -216 -15 1,309 -758 -12 2,972 -974 -27 2,192 -398 -14 Total........................... 896r 1,125 953 1,030 855 965 969 900 1,154 1,646 1,234 1,433 538 1,971 1,780 Agriculture Outlays...................... . Proprietary receipts from the public... 1,396 -24 1,669 13 1,761 -6 756 6 502 -45 524 -22 46 23, -462 -63 -350 -19 -175 -39 -178 149 475 -73 703 66 1,178 -8 2,323 -2 Total........................... 1,372 1,681 1,755 762 457 502 69 -525 -369 -215 -28 402 769 1,170 2,321 d H W > t"1 i— i CO o > tr* O *0 5 i—i O 2 Commerce and housing credit Proprietary receipts from the public... Intrabudgetary transactions......... 52r -2 -* 311 -2 -* 111 -2 -* -552 -2 -* 177 -3 -* 102 -2 -* 19 -2 -* 97 -2 -* 175 -2 -* 62 -3 -* -44 -2 -* 2,080 -3 -* 225 -3 -* 2,305 -5 -* 2,165 -4 -* Total................... ....... 51r 309 109 -553 174 100 16 95 173 59 -46 2,078 222 2,300 2,161 Transportation Proprietary receipts from the public... Intrabudgetary transactions......... 1,424 -10 -* 1,378 -4 -* 1,425 -6 -* 1,108 -13 -* 1,256 2 -* 1,257 -6 -* 1,332 -5 -1 1,343 -3 -* 1,556 -4 -* 1,713 -11 -1 1,595 -4 -2 2,031 -37 -72 1,699 -30 -* 3,731 -67 -72 3,124 -14 -1 Total........................... 1,414 1,374 1,419 1,095 1,257 1,251 1,326 1,340 1,552 1,702 1,589 1,923 1,670 3,592 3,109 980r -71 -10 843 -81 -9 753 794 17 -10 609 25 -8 828 -38 -16 651 -19 -30 857 -66 -4 852 62 -2 784 -63 -19 977 -11 -34 896 109 -1 943 -311 -2 942 35 -4 1,885 -276 -6 2,078 -219 -18 800 625 773 „ 602 787 912 702 933 1,003 630 973 1,603 1,840 Community and regional development Proprietary receipts fron the public... Total........................... 899r i Footnotes at end of table. I V s % Si Table FFO-5. - Budget Outlays by Function—Continued (In millions of dollars) Fiscal 1979 Function Nov. Dec. Jan. Feb. Mar. Apr. 2,246 -2 2,209 2 2,470 -2 2,076 -1 2,587 -8 2,595 -* 2,244 2,210 2,467 2,075 2,578 4,492r 1 -550 5,220 -5 -798 4,748 3 -602 4,446 -550 3,943r 4,717 4,149 12,383r -* -11 13,227 -* -759 12,372r Proprietary receipts from the public.. Total.......................... F.Y. 1980 May June July Aug. Sept. Oct. Nov. Cumulative to date Camparable period fiscal 1979 Education, training, employment, and social services Proprietary receipts from the public.. 2,560 2,193 -1 2,473 -1 2,647 -2 2,349 -8 2,331 -1 2,333 -3 4,664 -4 4,390 -2 2,595 2,559 2,193 2,472 2,645 2,341 2,330 2,330 4,660 4,388 5,542 -34 -1,277 4,631 -1 -569 4,826 -6 -561 4,806 2 -541 4,680 1 -573 5,243 -6 -605 4,672 3 -566 4,499 594 -431 5,007 -2 -555 10,098 -* -986 9,044 -3 -1,072 3,894 4,231 4,060 4,258 4,268 4,108 4,632 4,109 4,662 4,449 9,111 7,969 12,961 -* -2 13,301 -* -2 14,418 -* -3 13,346 -* -30 13,889 -* -301 15,275 -* -1,681 13,830 -* -161 23,878 -* -219 14,526 -* -48 15,376 -* -6 29,901 -* -54 24,529 -* -328 12,469 12,959 13,300 14,415 13,316 * 13,588 13,595~ 13,669 23,659 4,842 -* -296 4,546 14,477 15,370 29,847 24,201 1,706 -39 -* 2,692 -42 -* 806 -49 -* 1,663 -41 -* 2,765 -48 -* 883 -43 -* 1,746 -51 -* 2,540 -42 -* 714 -48 -* 2,605 -46 -* 639 -40 1,856 -46 -1 2,743 -41 -* 4,599 -88 -1 3,397 -82 -* 1,667 2,650 757 1,622 2,717 840 1,694 2,497 667 2,559 599 1,809 2,701 4,510 3,314 396 -4 - 310 -1 - 342 -1 - 352 -* - 347 -1 - 371 -3 - 372 -7 - 316 7 - 336 -* - 398 -1 ■ 285 -5 309 341 352 347 369 364 323 336 397 281 351 -1 " 350 813 -3 “ 810 725 -5 392 462 -2 ~ 460 236 28r -14 505 -221 -15 179 248 -34 342 -21 -21 497 -12 -50 343 -18 -20 459 5 -10 425 -38 18 336 47 -17 467 -22 -13 9,188 -23 -8,833 231 -15 -7 420 -73 -5 651 -87 -12 1,076 35 -23 250r 269 392 300 435 305 454 405 365 432 333 209 342 552 1,088 160 - 79 -* 1,754 - 81 - 1,752 - 160 - 76 - 1,800 - 9,075 -20 -6,855 9,056 -22 -6,855 1,754 81 1,752 160 76 1,800 131 1,842 -20 “ 1,822 7,233 -6,855 79 53 “ 53 131 “ 160 67 67 378 2,200 2,179 3,932 -32 -50 7,797 -144 -282 3,973 -135 -798 4,189 -88 -3 3,895 -82 -6 4,122 -100 -28 4,340 -88 -11 8,199 -79 -287 3,930 -152 -287 4,385 -119 -26 3,994 -107 -68 4,295 -188 -25 5,122 -136 -267 9,417 -324 -292 7,519 -180 -459 3,850 7,372 2,860 4,098 3,807 3,993 4,241 7,834 3,491 4,240 3,818 4,082 4,719 8,801 6,879 -713 -4,870 -516 -1,530 -603 -664 -755 -4,931 -573 -1,355 -1,655 -1,052 -1,774 -1,109 39,188r 41,392 41,095 37,739 43,725 40,752 41,618 40,687 40,482 54,279 29,625 -722 47,807 46,841 94,649 81,932 __ Health Proprietary receipts from the public.. Intrabudgetary transactions......... Income security Proprietary receipts from the public.. Veterans benefits and services Administration of lustice Proprietary receipts from the public.. 720 General government Proprietary receipts from the public.. General purpose fiscal assistance Proprietary receipts from the public.. Intrabudgetary transactions......... Interest Proprietary receipts from the public.. Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government. Less than $500,000. r Revised. * vo 00 © Treasury Bulletin 10 FRHEB AT. FISCAL OPTTP ATTHMfi Table FFO-6. - Investment Transactions of Government Accounts in Federal Securities (Net) (In millions of dollars) Health, Education , and Welfare Department Fiscal year or month Federal Old-Age and Survivors Insurance Trust Fund Federal Disability Insurance Trust Fund Federal Federal Supple Hospital mentary Insurance Medical Trust Fund Insurance ’ Trust Fund Housing and Urban Development Department Other Government National Federal Mortgage Assn. Housing Adminis tration Partici pation Other Sales Fund Federal Insurance Adminis tration 377 -146 1,338 3,642 1,897 1,181 67 -36 784 244 221 222 531 148 -148 14 988 1,789 -1 -* * * 1 1 128 109 31 63 200 118 28 190 100 197 -202 299 184 223 261 27 -95 -313 -6 -8 -4 1 12 29 2 17 37 14 1 6 5 -8 12 2 -3 -36 2 5 9 15 8 7 -47 1977................ 1978................ 1,263 934 792 391 -37 -1,227 -477 -2,211 110 1979................ -3,638 1,230 t,406 953 1 146 108 45 10 1980 (Est.).......... -1,265 1,782 3,508 223 - 154 68 4 -13 1978-Nov............. 80 -1,195 -167 319 -355 510 -37 358 _ * 5 24 52 -17 -1 5 -1,296 1,543 -770 1,428 2,622 -2,948 -1,678 348 534 -2,331 1,558 -30 -5 353 391 72 398 -185 -294 674 -163 -86 -79 12 1,042 -130 37 484 -447 411 407 -235 -267 212 10 115 53 -26 193 78 31 -36 -41 -105 * * * * * ” 11 46 4 -6 5 -34 -5 60 51 -72 27 15 12 28 -38 51 -29 -19 16 33 -1 41 2 3 3 1 6 3 5 4 6 6 10 -773 -249 -502 -145 * -46 40 16 1979-Jan............. Feb............. July............ Unemploy ment Trust Fund Other 1,274 1,827 2,298 2,217 2,175 -1,924 -913 -1,645 -4,443 1971............*.... 1972................ 1973................ 1974................ 1975................ 1976................ Labor Department Other - -1,747 -1,428 1,144 1,165 -4,938 -2,373 104 1,073 3,530 -* -* -* 7 -1 -1 -* - 4,276 -1 51 3,300 - 984 -496 1 13 -777 243 -1,042 529 4,007 -633 349 1,901 -778 39 233 14 -6 -27 -4 -1 - - _ _ - “ -5 25 -10 - " Fiscal 1980 Veterans Administration Transportation Department Fiscal year or month 1971................. 1972................. 1973................. 1974................. 1975................. 1976................. T.Q.................. 1977................. 1978................. National Airport Treasury Service Highway and Department Life In Trust Fund Airway surance' Trust Fund Fund 1,380 1,033 83 822 1,201 62 272 1,094 353 878 -566 178 2,049 1,058 1,937 -920 111 593 -505 56 215 40 183 -79 25 534 1,127 525 219 -282 441 1,499 268 Office of Personnel Management Federal Deposit Insurance Corpora tion Federal Savings and Loan Insurance Corpora tion 272 Postal Service Railroad Retire ment Board All other Total Other 20 29 26 30 27 42 * 40 54 2,932 3,123 3,337 3,669 4,635 5,253 -755 7,428 7,134 180 438 537 225 404 470 -128 855 569 196 148 257 378 316 368 135 424 404 - 1,370 -280 -292 -90 125 599 -160 450 -9 -110 24 -60 -290 -246 -660 -171 -104 -145 26 67 110 165 2,030 -1,682 145 191 7,417 8,420 11,821 14,813 7,031 4,341 -3,514 9,243 12,181 1979................. 691 891 2,511 207 33 8,220 1,220 489 518 -23 393 19,685 1980 (Est.)........... 773 1,162 " 197 37 8,898 1,192 506 -485 -30 709 20,770 1978-Nov............. 60 171 93 302 485 965 -22 230 -4 45 -305 1,279 131 7 110 10 -35 108 -1 -53 -15 12 1,060 2,599 1979-Jan............. Feb............. / A3 70 68 62 69 217 -80 47 -73 65 95 161 143 115 66 168 468 -180 -31 -251 -415 -100 -38 -1 -3,123 2,722 -327 416 454 120 884 221 -30 -36 -12 -34 -45 -25 232 -22 -24 -18 -40 -20 -9 -4 -5 -9 -5 45 -6 -4 -7 -6 -3 -413 -349 -324 -447 -274 1,377 -479 -338 8,959 -422 -466 109 490 34 46 148 -3 9 192 17 16 179 41 104 24 25 -12 19 30 100 19 -22 124 55 130 -226 37 -191 70 44 -198 -1,182 1,711 -67 -328 -11 -121 -323 46 1,184 -343 38 -161 -367 275 72 -9 1 28 -1 26 138 9 39 88 20 -2,273 2,405 -3,858 4,387 6,368 1,484 -2,338 2,378 9,116 -1,968 1,418 160 -515 191 -60 -9 -887 195 102 1,644 -92 109 -551 July............ Fiscal 1980 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: Figures may not add due to rounding. * Less than $500,000. « % & q Table FFO-7. - Trust Funds Transactions October 1, 1979 through November 30, 1979 K* VO oo © (In millions of dollars) Outlays Receipts Classification (trust funds) Unified Trust Interfund budget Total in interfund Receipts trans receipts and pro of trust t-rust actions attrib funds prietary funds 2/ utable receipts to trust 1/ funds 3/ (4) (5) (2) (3) (1) Total in trust funds (6) Propri Outlays etary of trust receipts funds from the public Trust inter fund trans actions (8) (7) Federal payments and con tribu tions Interfund transactions Interest and prof Federal employer its on investments Other contri xn Federal butions securities (13) (11) (12) Unified budget outlays attrib utable to trust funds Total 4/ Excess of receipts, or outlays (-) (14) (15) (16) 154 309 15,858 -1,042 15 42 2,385 -287 15 52 3,659 -717 G 994 712 -230 794 1,554 -982 I -57 -57 57 GO (9) (10) Federal old-age and survivors insurance................. ,125 15,125 309 14,816 16,167 16,167 155 Federal disability insurance.. ,140 2,140 42 2,098 2,427 2,427 27 Federal hospital insurance.... 994 2,994 52 2,942 3,711 3,711 37 Federal supplementary medical insurance................ . ,477 1,477 994 482 1,707 1,707 986 Federal employees retirement. ,367 1,366 795 572 2,349 2,349 3 -57 a Federal employee life and health benefits....... . Federal Deposit Insurance Corporation........... o 194 -194 -194 -194 Airport and airway......... 296 296 292 145 145 141 150 General revenue sharing.... ,855 6,855 6,855 1,716 1,716 1,716 5,139 Highway.... .............. ,234 1,234 48 1,186 1,742 1,742 48 1,694 -508 Black lung................ 112 112 50 62 122 122 50 73 -11 Military Assistance Advances. 359 1,438 1,079 1,079 -1,079 Railroad Retirement........ Unemployment.......... 685 685 269 415 761 761 269 269 491 -76 ,524 2,524 34 2,491 1,570 1,570 34 34 1,536 954 Veterans Life Insurance.... 73 72 2 2 141 72 70 2 2 68 -68 All other Trust funds...... 181 141 39 29 122 141 -19 2 29 -49 59 35,421 572 34,849 2,627 572 33,296 2,627 30,668 1,553 Total........................... t 32,222 Source: Monthly Treasury Statement of Receipts and Outlays of the United States Government. Notes: The memorandum sections of various tables in the Budget of the U.S. Government present the trust fund receipt and outlay data on the same concept as colums (3) and (9) above. Trust interfund transactions are payments from one trust fund to another and are excluded in cal culating trust fund receipts and outlays. The intragovemmental trans actions are payments from Federal funds to trust funds, and vice versa, 33,868 1/ 2/ 3/ 4/ * 991 870 696 71 but exclude $12 million in trust payments to Federal funds. For content see columns (7) and (8). For content see columns (10)-(13). Includes net taxes and other receipts, mainly deposits by states and Federal employee retirement contributions. Excludes trust fund payments to Federal funds such as charge for administrative expenses of Social Security Act. Less than $500,000. 12 Treasury Bulletin FEDERAL FISCAL OPERATIONS Table FFO-9. - Detail of Excise Tax Receipts (In thousands of dollars) Quarter ended September Type of Tax Fiscal year 1978 Fiscal year 1977 Fiscal year 1979 1978 1979 Alcohol taxes: 1/ 3,827,460 180,676 1,398,497 3,999,566 189,535 1,423,614 3,945 ,034 198 ,289 1,504 ,601 1,042,622 47,686 466,819 1,071,801 52,847 502,132 5,406,633 5,612,715 5,647 ,924 1,557,127 1,626,781 37,128 2,357,519 3,854 38,050 2,408,425 4,438 36 ,225 2,454 ,829 4,464 10,719 722,783 1,177 11,051 821,502 1,017 2,398,501 2,450,913 2,495 ,517 734,680 833,571 4,322,077 100,929 792,957 -2,657 598,084 159,287 13,352 25,416 32,554 22,286 4,376 -* 2 4,444,484 105,227 846,313 77 817,228 181,474 15,223 28,351 34,499 23,543 6,794 52,464 4 4,525 ,065 108 ,647 878,,283 -38 965,,486 223,,721 17,,537 30,,418 43,,184 28,,214 5,,039 232,,056 1 1,161,641 27,514 239,040 -14 242,700 46,505 4,541 10,558 10,882 6,707 2,124 52,464 3 1,097,572 26,345 222,933 18 244,307 59,596 4,219 10,452 14,195 6,394 1,754 66,155 * 6,086,682 6,555,681 7,057,,612 1,804,664 1,753,938 10,390 3ff,014 440,190 8 10,954 31,289 481,427 8 10,,720 35,,920 506,,651 * 3,340 8,689 128,173 - 2,977 9,919 130,764 * 480,602 523,677 553,,291 140,201 143,660 1,708,778 1,656,736 1,362.,193 389,832 308,213 957,251 55,147 58,296 6,563 776 6,632 22,788 1,110,613 64,011 70,488 7,300 1,048 6,637 22,609 1,272,,003 79,,009 74,,644 4,867 908 9 !,124 27,,741 306,236 17,209 18,487 6,138 690 1,487 13,214 361,753 21,897 19,093 4,006 691 2,314 17,492 226,209 589 38,917 80,631 78,592 212 3 103 912 809 * 2,067 1,732 16 216 1 25 237,603 704 51,909 92,419 83,950 6,110 * 79 1,014 1,265 2 2,990 2,409 46 298 18 157 251,,793 728 69,,261 68,,567 65,,217 234 24 130 1,,653 1,,306 3 2,,050 990 116 279 18 261 145,766 324 13,423 54,861 54,103 258 23 94 381 2 1,022 745 18 103 8 115 158,927 380 18,192 30,401 29,202 72 7 58 570 493 1 882 354 54 111 6 110 74 - 61 * - 51 25 3 33 20 7 * 2 . * * - 306 Tobacco taxes:1/ ManufaGturers* excise taxes: Retailers' excise taxes: Miscellaneous excise taxes: Transportation of: Use tax on highway motor vehicles having a "taxable gross Failure to timely file certain information returns 18/..... Tax on excess contributions to Failure to file statement required Failure to furnish individual statement,IRC Section 6690 )r I iii-re fn fnrn-f <?h individual- statement *IRC Section 6692 2$/ , Failure to provide IRA reports 30/...................... . Grass roots excess expenditures over nontaxable amount * Lobbying-expenditures over non-taxable amount 31/.......... Excess contributions to black lung benefit trust 32/....... Other 5/..................................... — _ _ _ _ * _ _ _ _ - 220 528 713 * 11 * 10 125 Total miscellaneous excise taxes........ ........ .......... . 3,165,171 3,325,780 3,223.,033 968,991 994,343 Total Federal Tax Deposits, amounts received with returns and subsequent payments........................................ 17,519,589 18,468,767 18,977,,379 5,205,663 5,302,295 313,118 196,182 72,,126 -228,578 -434,435 17,832,707 18,664,949 19,049,,504 4,977,085 4,867,858 Unclassified excise taxes................................. . Total excise taxes........................................ _ _ * * 302 10 91 January 1980 13 .FEDERAL FISCAL OPERATIONS; I Footnotes to Table FFO-9. Source: Internal Revenue Service reports. The figures shown include collections for credit to special accounts for certain island possessions. Floor stock taxes are included with the related classes of tax. Note: Detail may not add to totals because of rounding. 1/ Releases showing details are published quarterly. 2/ Includes taxes on cigarette papers and tubes and miscellaneous tobacco collections. 3/ Taxes on passenger automobiles and light trucks repealed December 11, 1971 under the Revenue Act of 1971. These data reflect refunds. 4/ Includes 50 cents and 27. per ton taxes on underground mined coal and 25 cents and 27. on surface mined coal. 5/ Includes taxes on items which were repealed by Public Laws 87-456, 88-36, and 89-44, 91-513, 93-490, and 94-455. / Under the Airport and Airway Revenue Act of 1970, effective July 1, 1970 rate 3 cent per gallon. JJ Under the Airport and Airway Revenue Act of 1970, effective July t, 1970 rate 7 cents per gallon. 8/ Rate of 5 percent effective January 1, 1977; 4 percent January 1, 1978; and 3 percent January 1, 1979. (Public Law 91-614). 9/ Under the Airport and Airway Revenue Act of 1970, effective July 1, 1970, rate increased from 5 to 8 percent on domestic airline passenger fares. 10/ Under the Airport and Airway Revenue Act of 1970, effective July 1, 1970, rate 5 percent. 11/ Under the Airport and Airway Revenue Act of 1970, effective July 1, 1970, tax of $3.00 per person. 12/ Beginning July 1, 1972 subject to credit up to 807. for State taxes imposed on such devices (Public Law 92-178). Maximum credit increased to 957. effective July 1, 1978 (Public Law 95-600). 13/ $25 per year with an additional 2 cents per pound on nonturbine engine powered over 2,500 pounds, or 3-1/2 cents per pound on turbine engine powered. 14/ Tax of 27. on net investment income. Reduced from 47. effective for tax able years beginning after September 30, 1977. (Public Law 95-600). 15/ Disqualified persons, 5 percent of amount involved; foundation mana ger, lesser of $10,000 or 2-1/2 percent. If not corrected within 90 days, 200 percent on disqualified person and lesser of $10,000 or 50 percent on foundation manager. 16/ Foundation, 5 percent of excess holdings. If not corrected within 90 days, 200 percent. 17/ Foundation, 10 percent of improper expenditure foundation manager, lesser of $5,000 or 2-1/2 percent. If not corrected within-90 days, foundation, 100 percent; foundation manager, lesser of $10,000 or 50 percent, 18/ Penalty of $10 per day, not exceed $5,000. 19/ Foundation, 15 percent of amount which should have been paid out. If not corrected within 90 days, 100 percent. 20/ An initial tax of 57. imposed on investments which ieopardizes foundations exempt purpose (Code Sec. 4944), 57. (not to exceed $5,000) on managers (if applicable) or second level tax of 257. (57. on managers if jeopardy situation continues. 21/ Tax of 6 percent on excess amount. 22/ Tax of 50 percent on underdistribution. 23/ Tax of 5 percent of prohibited transaction. If not corrected within 90 days, additional 100 percent tax can be imposed. 24/ Tax of 5 percent on accumulated funding deficiency. 25/ Tax of $1 per day up to $5,000. 26/ Tax of $1,000 per day up to $5,000. 27/ Tax of $10 per day up to $5,000. 28/ Tax of $50 for each failure. 29/ Tax of $1,000 for each failure. 30/ Tax of $10 for each failure. 31/ 257. of taxable lobbying expenditures. 32/ Tax of 57. on excess amount * Less than $500,000. r Revised. 14 Treasury Bulletin FEDERAL OBLIGATIONS. "Obligations" is controlled in are the basis on which the use of funds the Federal Government. of They are recorded categories which are based upon the nature of the trans action without regard to its ultimate purpose. at the point at which the Government makes a firm commitment for to acquire goods sonnel compensation, key or services and are the first of the four events— order, characterize delivery, payment, and wages, All payments for example, are reported as per whether „the personal services are used in current operations or in the construction of capital items. consumption— which the acquistion and use of resources. salaries In gen Federal agencies and firms often do business with one eral, they consist of orders placed, contracts awarded, ser another; in doing so, the "buying" agency records obligations, vices and the "performing" agency records reimbursements. received, and similar transactions requiring the dis bursement of money. The obligational stage of strategic point distinguished from those incurred Government transactions is a in gauging the impact of the Government’s for business firms employment months after of labor. Disbursements may not occur counts were first published immediate pressure on the for the October 1967 Bulletin. Bulletin, private the September 1967 Treasury Beginning with the April 1968 the data are on the basis of the budget concepts adopted pursuant to the recommendations of the President's economy. Obligations in Bulletin and the trust fund accounts were first published in the Government places its order but the order itself usually causes the Government. Obligation data for the administrative budget fund ac the Government commitment which stimulates business investment, including inventory purchases and outside Tables FO-2 and 3 show only those incurred outside. operations on the national economy, since it frequently rep resents In Table FO-1, obligations that are incurred within the Government are Commission on Budget Concepts. «*i.e classified according to a uniform set Table FO-1. - Gross Obligations Incurred Within and Outside the Federal Government by Object Class, August 31, 1979 (In millions of dollars) Gross obligations incurred Object class Personal services and benefits Personnel compensation...... Personnel benefits.......... Benefits for former personnel. 56,032 527 10,435 Contractual services and supplies Travel and transportation of persons. Transportation of things........... Rent, communications, and utilities.. Printing and reproduction.......... Other services................... Supplies and materials............ 2,285 1,844 3,708 582 42,945 29.952 505 1,762 3,498 513 19,917 12,505 2,790 3,606 7,206 1,095 62,862 42,457 Acquisition of capital assets Equipment................ Lands and structures...... Investments and loans..... 23,665 5,501 32,025 4,770 2,535 25 28,434 8,036 32,050 37 123,744 154,748 62,628 604 Grants and fixed charges Grants, subsidies, and contributions. Insurance claims and indemnities... Interest and dividends............ Refunds......................... Other Undistributed U.S. obligations. Obligations incurred abroad.... Unvouchered................. 123,707, 154,748 47,386 604 3,100 7,601 56,032 5,662 10,435 15,242 212 4,357 650 2 7,458 8,250 214 Gross obligations incurred 1/., 546,860 71,453 618,313 Source: Reports-on Obligations, Standard Form 225, from agencies. 1/ For Federal Budget presentation a concept of "net obligations incurred" is generally used. This concept eliminates transactions within the Government and revenue and reimbursements from the public which by statute may be used by Government agencies without appro priation action by the Congress. Summary figures cm 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......................... Net obligations incurred.................... bl8,313 -96,820 -54,775 466,718 January 1980 15 .. FEDERAL OBLIGATIONS-------------------------Table FO-2* - Gross Obligations Incurred Outside the Federal Government by Department or Agency, August 31, 1979 (In millions of dollars) Personal services & benefits Classification Personnel compen sation The Judiciary........................... Executive Office or the President........ Funds appropriated to the President: International security assistance...... International development assistance.... Agriculture Department: Commodity Credit Corporation........... Commerce Department..................... Personnel benefits 1/ 354 _ - - 37 - 19 116 33 - Contractual services and supplies Benefits for former personnel Travel and trans portation of persons * _ 11 Rent, com Printing munications , and and repro utilities duction Transpor tation of things 5 ” 14 Other ser vices Sup plies and mate rials 46 - - - 1 * 2 382 * 13 13 - * 1 * 2 6 5 1 4 * 1 8 7 * 1 * 6 69 142 3 593 30 4 1,888 696 - * 2 1 105 32 201 42 5 * 94 46 3 12 445 363 162 1,741 641 50 10,798 12,454 9,735 1,190 12 146 280 100 1 - 16 2 * 9,337 783 379 216 33 1 249 577 363 71 * 528 555 321 502 * 5 74 16 5 * 4,359 10,830 5,064 1,891 17 4,221 7,616 4,215 6,213 - 1 Defense Department: Military: Department of the Army............... Department of the Navy............... Department of the Air Force.......... Defense agencies..................... Civil defense....................... . 34,189 527 9,355 1,412 1,260 1,906 100 22,161 22,265 Civil................................. 775 - 2 10 5 31 3 532 81 Energy Department....................... Health, Education, and Welfare 521 - * 29 4 59 6 5,631 33 2,695 - 33 84 10 141 4 1,655 155 - - - - - - - 191 - 353 1,318 1,101 575 299 1,993 - 1 * * 413 19 65 58 32 45 91 1 12 9 4 35 28 2 92 56 42 50 135 2 4 2 * 7 1 143 959 154 238 104 692 2 165 104 26 7 207 90 14 7 - * * * _ 21 1 48 93 16 608 41 1 1 187 230 699 59 9 1,288 Housing and Urban Development Dept: Government National Mortgage Association.......................... Housing for the elderly or handicapped 3/....................... Interior Department..... ................ Labor Department........................ State Department........................ Transportation Department............... Treasury Department: Interest on the public debt........... Interest on refunds, etc.............. General revenue sharing..*..... ....... Other................................. Environmental Protection Agency.......... General Services Administration.......... National Aeronautics and Space Administration......................... Veterans Administration................. Other independent agencies: Export-Import Bank of U.S............. Small Business Administration.......... Tennessee Valley Authority............ Other................................. Total............................... Off-budget Federal agencies 4/: Postal Service........................ Rural Electrification Administration revolving funds...................... Pension Benefit Guranty Corporation...................... . Total Off-budget Federal agencies........................... - 2,227 247 587 - - 160 - V 614 3,506 - * * 18 80 9 11 80 124 3 * 3,306 564 108 675 9 109 907 859 - * 467 * 8 9 53 * * 121 8 1 3 34 63 * * * 8 * 99 205 3,985 * 1 1,639 24 56,032 527 10,435 2,285 1,844 3,708 582 42,945 29,952 10,591 - 35 42 988 362 1 183 200 _ * _ _ * * * “ 35 42 988 * 9 10,600 _ _ 1 * 3 * 363 1 186 200 * Treasury Bulletin 16 _gpTvgo at. OBLIGATIONS ............ Table FO-2* - Gross Obligations Incurred Outside the Federal Government by Department or Agency, August 31, 1979-Continued (In millions of dollars) Grants and fixed charges Acquistion of capital assets Classification Equip ment 'Executive Office of the President........ Funds appropriated to the President: International security assistance..... i 1 International development assistance.... Lands and struc tures Invest ments and loans Insurance Grant, subsidies, claims Interest and con and indem and tributions nities dividends Other Undistrib uted U.S. Refunds obliga tions Obliga Untions in vouchcurred ered abroad Total gross obliga tions incurred 33 * - _ - * - * - . - * - _ - 3 - _ - 860 _ 54 47 2 86 61 981 1,592 9 1,381 260 7 - 4 - - _ -52 800 96 46 _ _ - 887 3,268 2,211 1 61 41 232 13 5,778 13,264 123 1,910 11,242 1,037 60 * 2,248 - 180 1 80 117 - 26 7 -6 106 10,161 30,562 2,332 2,082 9,474 9,839 232 * 380 655 329 113 - * - 2 12 24 39 2 3 44 82 * * 1 2 23 - - 2 4 1 * - 3,760 1 1,756 467 - Agriculture Department: Commerce Department..................... Defense Department: Military: Departiaent of the Army.............. 1 Department of the Air Force.......... Defense agencies.................... Civil defense....................... - - - - 27,333 43,024 32,025 20,158 70 122,610 109 - 21,627 1,477 * 77 131 26 - 7 5,984 109 Civil................................ 31 1,045 - 15 3 * 3 - - - 2,536 Energy Department....................... Health, Education, and Welfare 391 824 - 218 * 18 586 _ _ 8,320 67 46 367 45,850 1,901 37 _ -7 _ _ 53,037 _ _ 41 _ _ 15 _ _ _ * 414 745 14 9 4 89 83 3,849 32 . * -* 19,191 1,581 533 11,909 487 1,577 2 58 11 1,149 104 2 6 85 5 _ _ _ * 56 -* * _ _ -1 - -5 _ . _ 111 _ _ 4 _ 444 _ _ * * _ 3 _ 88 24,122 5,110 2,079 14,406 1,602 5,293 _ 30 14 100 _ 27 1 30 _ 151 - _ 8 8,002 7,219 2,883 18 _ 128,910 * * 43,319 330 52 _ 1 _ 2,264 _ _ 2 _ _ _ _ 43,319 338 8,002 141,322 3,415 3,440 73 164 123 198 _ 517 1 2,462 * 10,420 _ 491 _ - _ - _ 87 - 4,335 19,299 * 1 520 33 _ 136 13 2,802 1,709 736 * 92 5,744 * 1 11,990 89 * 597 64 _ 363 -* _ -1 - _ 102 . _ - 2,902 1,930 4,260 24,511 23,665 5,501 32,025 123,707 604 3,100 65 130 - - * - 65 130 Housing and Urban Development Dept: Government National Mortgage Association.......................... Housing for the elderly or handicapped 3/....................... Other................................. Interior Department..................... Justice Department...................... Labor Department........................ State Department........................ Transportation Department............... Treasury Department: Interest on the public debt............ Interest on refunds, etc.............. General revenue sharing............... Environmental Protection Agency.......... General Services Administration.......... National Aeronautics and Space Administration......................... Veterans Administration................. Other independent agencies: Export-Import Bank of U.S............. Small Business Administration.......... Tennessee Valley Authority............. Other................................. 2 7833 9 13 206 Off-budget Federal agencies 4/: Rural Electrification Administration revolving funds...................... Pension Benefit Guaranty Corporation.......................... Total Off-budget Federal 'agencies.............................. 246 - 154,748 47,386 7,601 212 546,860 _ 26 17 _ _ „ _ 12,640 1,250 _ _ * _ _ _ _ 1,250 - _ 19 . _ _ _ _ 33 1,250 " 45 17 - - - 13,923 _ 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, GovernmenttPrinting Office, - and General Accounting Office only. 3/ This fund was reclassified from an off-budget to a budgetary account pursuant to an act approved Oct. 4, 1977. 4/ Postal Service since July 1, 1973, Rural Electrification Administration revolving funds since May 12, 1973, and Pension Benefit Guaranty Corpo ration since Sept. 17, 1974. * Less than $500,000. Table FO-3.. - Gross Obligations Incurred Outside the Federal Government, Comparative Statement by Month V 8 * F.Y. 1978 Si Object class Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Cumulative to date Aug. period FY 1978 VO National defense: Personal services and benefits: Benefits for former personnel............. Oo 3,029 55 768 5,391 24 829 3,268 62 822 3,108 62 825 2,881 35 833 3,260 65 827 4,094 15 830 1,923 44 864 3,085 59 865 3,181 48 865 3,116 25 878 3,254 54 868 3,086 57 878 34,255 527 9,356 32,319 669 8,394 121 82 151 11 1,276 2,502 185 383 305 59 4,054 2,749 150 107 209 9 5,390 -2,119 121 87 202 11 1,301 6,403 116 169 174 7 1,556 2,001 114 129 195 11 2,338 1,996 111 200 161 8 1,455 1,709 137 17 154 10 1,768 1,963 144 114 191 9 1,815 2,190 127 58 195 8 1,471 1,892 140 168 99 9 1,556 2,060 128 363 170 10 2,026 2,069 124 -153 167 8 1,536 2,104 1,413 1,260 1,917 100 22,212 22,269 1,335 993 1,700 108 22,415 22,306 950 150 * 2,427 672 -* 3,709 70 276 83 - 2,463 301 - 2,464 165 * 1,520 218 1 1,586 219 - 1,893 225 - 1,574 173 - 3,081 428 - 2,083 222 - 1,372 135 - 22,021 2,239 * 17,209 1,527 1 * 7 3 2 4 9 5 2 5 8 3 2 55 1 15 6 1 - 4 10 1 - 4 8 2 - 4 9 1 - 3 4 2 - 3 5 2 - 4 11 1 - 4 7 9 - 29 9 3 - 77 132 26 - 50 124 24 24 7 367 8 18 -3,646 10 * 529 10 2 552 9 3 562 9 * 539 10 3 -639 9 40 1,782 10 -37 560 10 9 535 10 199 342 11 -196 703 10 7 5,984 109 227 5,706 98 9,490 13,477 12,232 13,101 11,877 11,643 9,718 11,492 11,648 10,155 -16 520 9 10.388, 11,806 9,841 123,902 115,231 1,950 1,957 2 7,562 1,538 1 81 1,713 -* 137 2,252 -* 81 2,018 -* 109 2,003 * 90 1,915 * 163 1,965 * 101 1,985 * 64 2,136 1,989 94 2,262 21,777 - - 84 92 1,080 20,009 -31 1,246 79 51 132 38 1,434 665 97 54 129 47 2,860 681 57 46 167 34 1,241 1,748 70 30 133 38 1,355 204 81 75 724 58 5,187 1,263 73 35 153 47 1,896 757 72 96 100 40 1,463 300 77 -5 97 45 2,161 479 87 74 86 43 1,581 667 76 60 83 43 1,410 592 82 64 33 54 1,652 582 91 58 105 31 1,643 481 107 51 110 50 1,143 610 872 584 1,791 482 20,733 7,683 825 403 1,913 389 19,102 7,508 184 307 3,011 451 1,046 5,685 161 345 1,940 109 271 3,859 99 422 3,916 123 344 3,320 108 218 2,770 253 202 2,315 167 248 2,932 141 257 2,030 101 333 1,960 160 257 3,536 223 365 3,447 1,643 3,262 32,025 1,736 3,490 30,396 10,210 13,409 3,273 48 38,306 12,788 3,045 -85 5,705 11,320 3,368 42 8,071 15,357 3,551 42 14,698 14,041 6,716 41 11,175 13,780 3,675 65 4,775 13,191 3,662 28 12,334 13,978 3,920 60 12,704 14,221 3,687 26 6,445 13,477 3,798 135 14,462 14,170 7,039 58 20,211 15,501 3,964 54 13,050 15,580 3,980 53 123,631 154,617 47,360 604 108,105 142,927 38,537 837 49 357 9 -1,317 38 11 -117 51 8 -17 69 11 -544 142 13 -380 121 10 2,141 104 9 1,510 80 9 310 88 8 153 -102 9 -15 68 10 -12 92 12 66 904 5 3,094 1,616 103 -383 1,324 96 Contractual services and supplies: Acquisition of capital assets: Grants and fixed charges: Grants, subsidies, and contributions......... - Other: Non-defense: Personal services and benefits: Contractual service and supplies: Travel and transportation of persons..... Transportation of things................ Rents, communications, and utilities..... Printing and reproduction............... Other services......................... Supplies and materials.................. _ 67' Acquisition of capital assets: Grants and fixed charges: Other: Less than $500,000. 35,290 73,357 27,736 35,003 49,265 37,321 31,170 39,594 38,994 30,656 42,856 48,267 42,099 422,958 378,428 44,778 86,833 39,968 48,104 61,140 48,963 40,888 51,086 50,642 40,811 53,244 60,073 51,940 546,860 493,658 O 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 in tax loan accounts. As the balances in the accounts at the Federal Reserve Banks become depleted, they are restored by calling in (Withdrawing)funds from thousands of financial institutions throughout the country authorized to maintain tax and loan accounts. Deposits to tax and loan accounts occur in the normal course of business under a uniform procedure applicable to all financial institutions whereby customers of financial institutions deposit with them tax payments and funds for the purchase of Government securities. In most cases the transaction involves merely the transfer of funds from a customer's account to the tax and loan account in the same financial institution. On occasions, to the extent autho rized by the Treasury, financial institutions are permitted to deposit in these accounts proceeds from subscriptions to public debt securities entered for their own account as well as for the accounts of their customers. Under authority of P.L. 95-147,the Treasury implemented a program on November 2, 1978, to invest a portion of Its operating cash in obligations of depositaries maintaining tax and loan accounts. Under the Treasury Tax and Loan investment program,depositary financial institutions select the manner in which they will participate in the program. Depositaries that wish to retain.funds deposited in their tax and loan accounts in interest-bearing obligations participate under the Note Option; depositaries that wish to remit the funds to the Treasury's account at Federal Reserve banks partic ipate under the Remittance Option. The tax and loan system permits the Treasury to collect funds through financial institutions and to leave the funds in Note Option depositaries and in the financial communities in which they arise until such time at the Treasury needs the funds for its operations. In this way the Treasury is able to neutralize the effect of its fluctuation operations on Note Option financial institution reserves and the economy. Table UST-1. - Status of the Account of the U.S. Treasury (In millions of dollars) Treasury operating balance 1/ Available funds in demand accounts at; End of fiscal year or month Other deposi taries 21 Total 3/ Funds in process of collection through Federal Reserve Other deposi taries 4/ Federal Reserve banks Treasury tax and loan note accounts 1971............... 1972............... 1973............... 1974............... 1975............... 1976............... T.Q................ 1977............... 1,274 2,344 4,038 2,919 5,773 11,975 13,299 15,740 7,372 7,634 8,433 6,152 1,475 2,854 4,119 3,364 1978............... 1979............... 16,647 6,489 5,797 17,687 - 1978-$ec............ 4,196 12,095 - 16,291 259 1979-Jan............ Feb............ Mar............ 3,522 3,443 5,726 3,100 1,974 3,290 11,624 3,444 1,959 5,242 2,683 14,195 15,146 6,887 7,685 8,342 4,657 17,485 253 218 191 1,324 164 437 2,765 3,542 6,489 2,209 2,590 4,075 10,765 3,408 17,687 8,251 3,001 1L,849 - 13,530 6,950 24,176 10,460 5,591 15,924 428 166 253 178 175 26B 17 15 33 14 9 15 _ 139 106 88 343 7 - - - lime deposits • Other demand and other accounts interestbearing 1/ demand accounts 8,755 10,117 12,576 9,159 7,591 14,836 17,418 19,104 419 252 243 276 369 235 184 147 _ 179 117 135 J1 76 S5 -18 31 187 54 41 19 35 70 195 175 22,444 24,176 257 253 11 33 Source: Bureau of Government Financial Operations. 1/ Effective January 1972, the Treasury operating balance excludes the gold balance in Treasury. 2/ Represents deposits in certain commercial depositaries that have been converted from a time deposit to a demand deposit basis to permit greater flexibility in Treasury cash management. 3/ Will not agree with daily Treasury Statement due to rounding. 4/ Represents funds in process of collection by (a) the U.S. Treasury _ Coin Miscel currency laneous and coinage items metal Gold balance 6/ Balance in account of the U.S. Treasury 109 107 107 106 9,911 11,310 13,741 10,352 8,868 16,065 18,597 20,531 355 441 471 586 602 752 819 818 717 108 129 70 54 46 50 3 136 64 275 138 570 632 -2 -19 . * 7 91 -4 510 -2 - 17,152 17 8 15 62 24 31 89 85 44 36 43 52 1 36 38 38 38 554 619 655 646 625 645 -5 -10 -3 -8 -9 -23 * 16,054 7,808 8,624 10,440 5,542 18,665 51 147 64 45 53 56 44 38 138 38 32 31 545 557 632 683 717 734 -11 -6 -19 -21 -19 -5 - 14,605 7,867 25,277 11,398 6,557 17,085 - - * - 60 7/ 23,691 25,277 and (b) commercial banks which have been authorized to defer credit until checks are collected. Data prior to January 1972 included in "miscellaneous items9 columns. 5/ Represents demand deposits in National, Foreign, and other bank deposi taries previously* included in time deposits. 6/ The free gold balance can be readily converted to available funds with Federal Reserve banks. TJ Certificates relating to December gold purchases were not issued "* until January, 1980. * Less than $500,000. 19 January 1980 ___________________________ ACCOUNT OP THE U.S. TREASURY____________________________ Table UST-2. - Elements of Changes in Federal Reserve and Tax and Loan Note Account Balances (In millions of dollars) Credits and withdrawals Federal Reserve accounts 1/ Fiscal year or month Tax and loan note accounts Eroce&xis from skies o£ securities 4j Credits 2/ Received directly Received through re Withdrawals 3/ mittance option tax and loan depositaries _ - - - - 725,280 810,481 209,758 875,071 952,116 983,693 722,427 804,282 208,434 872,627 951,209 1,047,919 54,068 Marketable issues Nbflmarketablje issues 5/ 16,683 19,375 15,812 10,571 9,072 2,897 2,578 2,849 3,314 3,270 3,104 3,366 3,676 910 3,908 3,838 2,666 - - Taxes j6/ Total credits Withdrawals (transfers to Federal Reserve accounts) 132,460 131,121 145,797 171,828 197,091 218,149 225,201 58,457 267,125 302,496 296,809 151,721 153,346 164,920 185,669 209,267 224,412 228,877 59,367 271,033 306,334 299,475 149,317 152,900 164,645 184,874 211,545 229,090 227,494 58,105 271,787 303,901 287,585 1978-Dec.................... 59,978 5,368 67,737 _ 232 26,358 26,590 20,762 1979-Jan................. Feb................. 79,119 80,412 86,622 105,145 93,570 80,996 4,401 4,258 5,584 5,195 4,556 6,605 84,194 84,749 89,923 112,966 99,252 86,285 _ - 280 247 266 239 202 174 20,296 20,850 27,524 28,482 22,399 34,407 20,576 21,097 27,790 28,721 22,601 34,581 21,047 29,277 29,275 25,438 25,160 23,069 July................ 77,809 93,247 69,962 86,495 94,200 80,428 4,499 4,278 5,128 4,402 4,373 5,553 82,833 96,748 72,143 95,177 98,192 84,496 _ - 174 183 138 156 147 139 21,988 22,963 29,298 22,120 23,301 30,762 22,162 23,146 29,436 22,276 23,448 30,901 25,592 30,503 15,157 31,712 28,698 22,053 - . Balances During period End of period Fiscal year or month Federal Reserve Tax and Loan Note Accounts 1,005 1,274 2,344 4,038 2,919 5,773 11,972 13,296 15,740 16,647 6,489 6,929 7,372 7,634 8,433 6,152 1,473 2,856 4,118 3,364 5,797 17,687 Federal Reserve Average Low High Tax and Loan Note Accounts 1,916 1,987 3,392 5,017 4,361 9,766 11,972 13,296 16,115 16,647 16,647 7,990 8,532 10,251 10,854 9,340 7,249 4,260 4,456 6,286 8,134 17,687 Federal Reserve Tax and Loan Note Accounts Federal Reserve Tax and Loan Note Accounts 7 7 397 2 2 * * 2,854 1,204 1,199 * 894 846 1,737 800 520 7 67 287 118 61 73 1,077 973 1,894 2,342 2,102 2,786 5,105 7,824 8,035 6,946 4,741 4,022 5,146 5,648 5,644 3,913 1,853 1,394 1,578 1,548 1,670 5,818 1978-Dec.................. 4,196 12,095 6,-532 12,319 951 1,000 3,931 5,884 1979-Jan............ “..... Feb.................. 3,522 3,443 5,726 3,100 1,974 3,290 11,624 3,444 1,959 5,242 2,683 14,195 4,477 4,517 5,726 5,726 4,786 7,053 13,213 9,708 7,585 5,549 8,021 14,436 2,247 2,219 2,102 * 1,974 1,037 4,000 2,130 130 73 2,683 821 3,379 3,502 3,288 2,623 3,352 3,272 8,182 4,701 3,598 1,940 5,801 6,664 July................. 2,765 3,542 6,489 2,209 2,590 4,075 10,765 3,408 17,687 8,251 3,001 U,W* 4,130 4,012 6,489 4,301 3,446 4,139 14,195 10,129 17,687 12,331 5,829 13,354 1,823 2,438 2,786 2,209 2,487 2,274 7,895 3,408 1,225 5,943 765 286 3,303 3,021 4,073 3,105 3,065 2,963 10,148 6,942 9,406 8,901 2,814 6,303 Dec................ . 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 form of a deposit credit for the purchase price of U.S. Government secu rities purchased by them for their own account, or for the account of their customers who enter subscriptions through thjem, when this method of payment is permitted under the terms of the circulars inviting subscriptions to the issues. 5/ 6/ * Includes Unitea otates 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. Taxes eligible for credit consist of those deposited by taxpayers in the Tax and Loan depositaries, as follows: Withheld income taxes beginning March 1948; taxes? on employers and employees under the Federal Insurance Contributions Act beginning January 1950, and under the Railroad Retirement Tax Act beginning July 1951; a number of excise taxes beginning July 1953; estimated corporation income taxes beginning April 1967; all corporation income taxes due on or after March 15, 1968 and FUTA taxes beginning April 1970. Less than $500,000. Treasury Bulletin 20 _________ ACCOUNT OF THE U.S. TREASURY__________ Table UST-3. - Gold Assets and Liabilities of the Treasury (In millions of dollars except ounces) Gold assets 1/ Gold liabilities 2/ Balance of gold in U.S. Treasury account End of calendar year or month Ounces 1979-Jan.................................. Feb.................................. Mar.................................. May.................................. Dollars 111 112 109 113 107 107 - 296,199,012.3 296,202,494.6 306,630,399.9 289,490,759.6 273,950,419.3 273,954,660.5 275,968,413.1 274,705,260.3 274,679,167.8 10,367 10,367 10,732 10,132 10,410 3/ 11,567 3/ 11,652 11,599 11,598 10,256 10,256 10,623 10,019 10,303 10,460 11,652 11,599 11,598 277,544,111.9 276,420,310.8 11,719 11,671 11,719 11,671 276,420,310.8 11,671 11,671 - 274,554,643.3 273,420,863.9 271,869,452.3 270,420,081.2 268,917,745.3 268,167,685.2 11,592 11,544 11,479 11,418 11,354 11,323 11,592 11,544 11,479 11,418 11,354 11,323 * 267,401,275,6 266,667,632.2 265,918,769.1 265,129,405.1 263,168,284.7 264,601,798.2 11,290 11,259 11,228 11,194 11,112 11,172 11,290 11,259 11,228 11,194 11,112 11,112 * - Sources Daily Treasury Statement through June 1974, Bureau of Government Financial Operations thereafter. If Treasury gold stock which excludes gold held by the Exchange Stabili zation Fund (ESF). See "International Financial Statistics," Table IFS-1. 2/ Consists of: Gold certificates (Series 1934) issued only to Federal Reserve banks; gold certificates fund-Federal Reserve System; gold deposited by and held for the International Monetary Fund from Sept ember 19, 1965, through February 15, 1972; redemption fund for Fed eral Reserve notes until March 18, 1968, when it was combined with the gold certificate fund pursuant to P.L. 90-269, approved^March 18, 3/ kj * - 60 4/ 1968, and gold reserve against <&•£. notes wntii March 18, 1968, when it was transferred to the public debt also pursuant to P.L. 90-26ft. Gdld assets were valued at $35 per fine troy ounce until May 8 , 1972, when they were revalued at $38 pursuant to the Par Value Modification Act, P.L. 92-268, approved March 31, 1972. The increment amounted to $822 million. Gold assets wer^l 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. Certificates relating to December gold purcnases were not issued until January, 1980. Less than $500,000. 21 January 1980 MONETARY STATISTICS, Table MS-1. - Currency and Coin in Circulation (In millions of dollars except per capita figures) Currencies to longer issued End of fiscal year or month Federal Reserve bank notes National bank notes Currencies Presently being issued 1/ Gold certifi cates 2/ Silver certifi cates Federal Reserve notes 3/ Treasury notes of 1890 United States notes Federal Reserve notes 4/ Total currencies 54 53 52 51 50 50 49 49 48 48 20 20 20 20 20 20 20 20 20 20 4 4 4 3 3 3 3 3 3 3 218 215 213 212 211 210 209 208 207 207 1 1 1 1 1 1 1 1 1 1 * * * * * * *■ * * * 321 320 320 321 322 322 322 317 313 312 51,304 54,572 59,664 65,185 72,093 79,028 79,597 87,349 96,566 106,681 51,922 55,184 60,273 65,793 72,700 79,634 80,201 87,947 97,159 107,270 1978fNov........................... 48 48 20 20 3 3 207 207 1 1 * * 313 313 100,815 103,314 101,407 103,906 1979-Jan........................... Feb........................... 48 48 48 48 48 48 20 20 20 20 20 20 3 3 3 3 3 3 207 207 207 207 207 207 1 1 1 1 1 1 * * * * * * 313 313 313 312 312 312 99,351 99,975 100,632 101,748 103,774 104,779 99,923 100,567 101,223 102,339 104,365 105,370 48 48 48 48 48 20 20 20 20 20 3 3 3 3 3 207 207 207 206 206 1 1 1 1 1 * * * * * 312 312 312 311 311 105,950 106,897 106,681 108,027 109,905 106,540 107,488 107,270 108,617 110,494 May........................... July.......................... Coin End of fiscal year or month Total Currency and Coin in circula tion 5/ Currency and Coin in circulation per capita (in dollars) 6/ Dollars Fractional coin 482 633 705 765 816 941 951 999 1,063 1,435 5,990 6,383 6,793 7,275 7,681 8,303 8,397 8,877 9,441 10,011 6,472 7,016 7,498 8,040 8,496 9,244 9,348 9,876 10,504 11,446 58,393 62,201 67,771 73,833 81,196 88,877 89,548 97,823 107,663 118,716 282.03 297.84 322.11 348.44 380.06 413.17 415.37 450.08 491.52 537.18 1978-Nov........................... 1,093 1,114 9,572 9,625 10,665 10,739 112,072 - 511.19r 522.35 1979-Jan........................... Feb........................... 1,131 1,138 1,154 IT,165 1,183 1,327 9,608 9,629 9,658 9,730 9,820 9,879 10,739 10,769 10,813 10,895 11,003 11,205 110,662 111,334 112,036 113,234 115,368 116,575 503.96 506.67 509.42 514.51 523.82 528.89 1,423 1,440 1,435 1,438 1,445 9,933 9,988 10,011 10,070 10,143 11,355 11,428 11,446 11,508 11,588 117,895 118,914 118,716 120,125 122,082 7/ 534.41 538.52 536.74 542.66r 551.10 May........................... July.......................... Oct........................... Source: Statement of United States Currency and Coin. If Excludes gold certificates, Series of 1934, which are issued only Federal Reserve banks and do not appear in circulation. 2/ Issued prior to January 30, 1934. 1/ Issued prior to July 1, 1929. 4/ Issued on and after July 1, 1929. Total 5/ to 6/ JJ * r Excludes Currency and Coin held by the Treasury and Currency and Coin held by or for the account of the Federal Reserve banks and agents. Based on the Bureau of the Census estimated population. Highest amount to date. Less than $500,000. Revised. Treasury Bulletin 22 .FEDERAL DEBT. Table FD*1. - Summary of Federal Debt (In millions of dollars) Amount outstanding End of fiscal year or month Total If 409,467 437,329 468,426 486,247 544,131 631,866 646,379 709,138 780,425 833,751 Public debt securi ties 1/ 397,305 426,435 457,317 474,235 533,188 620,432 634,701 698,840 771,544 826,519 Securities held by: Government accounts securi ties Total 12,163 10,894 11,109 12,012 10,943 11,433 11,678 10,298 8,881 7,232 105,140 113,559 125,381 140,194 147,225 151,566 148,052 157,295 169,477 189,162 102,888 111,460 123,385 138,206 145,283 149,611 146,105 155,490 167,973 187,683 Public debt, securi ties The public 2f Agency securi ties 2,251 2,100 1,996 1,988 1,942 1,955 , 1,947 1,805 1,504 1,478 Total 304,328 323,770 343,045 346,053 396,906 480,300 498,327 551,843 610,948 644,589 Public debt securi ties Agency securi ties 294,417 314,976 333,932 336,029 387,905 470,821 488,596 543,350 603,571 638,836 9,911 8,794 9,113 10,024 9,001 9,478 9,730 8,493 7,377 5,754 1978-Mar............... 747,844 737,951 9,893 154,534 152,718 1,816 593,310 585,233 8,077 1978-Dec............... 797,694 789,207 8,487 171,492 7.70,000 1,493 626,202 619,207 6,995 1979-Jan............... Feb............... 798,733 800,470 804,624 804,046 812,220 812,247 790,454 792,207 796,792 796,383 804,794 804,913 8,279 8,263 7,832 7,663 7,426 7,334 169,220 171,625 167,767 172,153 178,522 180,006 167,728 170,135 166,274 170,671 177,039 178,525 1,492 1,490 1,493 1,483 1,482 1,481 629,513 628,845 636,857 631,893 633,698 632,241 622,726 622,072 630,518 625,712 627,755 626,388 6,787 6,774 6,339 6,181 5,944 5,853 814,740 820,385 833,751 833,999 840,965 807,477 813,140 826,519 826,787 833,833 7,263 7,245 7,232 7,213 7,132 177,668 180,046 189,162 187,193 188,611 176,190 178,569 187,683 185,714 187,133 1,478 1,477 1,478 1,479 1,478 637,072 640,339 644,589 646,806 652,354 631,287 634,571 638,836 641,073 646,700 5,785 5,768 5,754 5,734 5,654 May............... Aug............... Nov............... Sources Monthly Treasury Statement of Receipts and Outlays of the United States Government. 1/ Amounts of public debt securities outstanding have been adjusted to exclude issues to IMF and other -international lending institutions to conform with the budget presentation and the source for this table. 2/ Includes holdings of Federal Reserve Banks. Table FD-2. - Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt (Dollar amounts in millions) End of fiscal year or month j ( Computed annual interest rate Total interestbearing public debt 1/ Computed annual interest charge 2f 396,289 425,360 456,353 473,238 532,122 619,254 633,560 697,629 766,971 819,007 20,25* 21,545 26,591 30,741 33,509 39,494 40,683 44,481 53,885 64,946 5.141 5.093 5.872 6.560 6.352 6.436 6.478 6.424 7.126 8.057 5.210 5.099 6.129 7.030 6.533 6.559 6.591 6.481 7.388 8.592 Total interest:* bearing public debt If NonmarlIcetable Marketable issues Total Treasury Bills ' 11 4.516 4.188 6.591 8.416 6.253 5.819 5.784 5.656 7.668 10.110 Notes Treasury bonds Other 4/ 6.519 6.312 6.412 6.529 7.058 7.352 7.356 7.066 7.397 8.130 3.759 4.018 4.393 4.755 5.339 5.654 5.811 6.120 6.587 7.153 4,608 4.636 5.138 5.374 5.387 3.452 5.487 5.603 5.726 5.968 Government account series 5/ 5.375 5.475 5.880 6.430 6.614 6.789 6.871 6.921 7.491 8.167 1978-Mar................ 736,929 49,259 6.744 7.245 7.076 57,658 7.869 8.752 7.609 6.330 6.742 5.655 782,371 b.775 7.482 6.975 1978-Dec............... 5.919 7.675 1979-Jan............... Feb............... Mar............... 789,502 791,2*3 792,344 795,434 803,816 799,863 58,987 59,834 60,545 61,298 62,298 62,166 7.587 7.681 7.763 7.830 7.875 7.897 8.031 8.167 8.290 8.389 8.437 8.431 9.090 9.378 9.854 9.907 9.969 9.936 7.705 7.774 7.814 7.874 7.921 7.937 6.803 6.909 6.912 6.968 7.046 7.053 5.893 5.865 5.925 5.807 5.817 5.860 7.705 7.744 7.746 7.788 7.845 7.981 806,508 812,095 819,007 825,736 832,730 843/960 62,915 63,769 64,946 66,589 69,228 71,367 7.926 7.977 8.057 8.196 8.456 8,606 8.455 8.511 8.592 8.76-2 9.089 9.312 9.921 9.908 10.110 10.531 11.183 11.648 7.998 8.102 8.130 8.260 8.459 8.562 7.096 7.152 7.153 7.029 7.138 7.139 5.926 5.929 5.968 6.011 6.063 6.090 7.987 8.053 8.167 8.262 8.485 8.476 May............... June.............. July.............. Dec............... Sources Bureau of Government Financial Operations Notes The computed annual interest charge represents the amount of interest that would be paid if each interest-bearing issue outstanding at the end of each month or year should remain outstanding for a year at the applicable annual rate of interest. The charge is computed for each issue by applying the appropriate annual interest rate to the amount outstanding on that date (the amount actually borrowed in the case of securities sold at a premium or discount, beginning with May 1960). The aggregate charge for all interest-bearing issues constitutes the total computed annual interest charge. The average annual rate is computed by dividing the computed annual interest charge for the total, or for any group of issues, by the corresponding principal amount. Beginning with data for December 31, 1958, the computation is based on the rate of effective yield for issue sold at premium or discount. Prior to that date it was based on the coupon rate for all issues. If As of July 1974, includes Federal Financing Bank. 2f Excludes Federal Financing Bank. ~ZJ Included in debt outstanding at face amount, but discount value is used in computing annual interest charge and annual interest rate. 4f On United States savings bonds the rate to maturity is applied against the amount outstanding. 5f 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. January 1980 23 FEDERAL DEBT Table FD-3. - Interest-Bearing Public Debt (In millions of dollars) End of fiscal year or month 1971......................... 1972......................... 1973......................... 1974......................... 1975......................... 1976......................... Total interestbearing public debt Marketable Total Nonmarketable Bill 1/ Treasury notes Treasury bonds Total U.S. savings bonds 1977......................... 1978......................... 1979............i............ 3,96,289 425,360 456,353 473,238 532,122 619,254 633,560 697,629 766,971 819,007 245,473 257,202 262,971 266,575 315,606 392,581 407,663 443,508 485,155 506,693 86,677 94,648 100,061 105,019 128,569 161,198 161,505 156,091 160,936 161,378 104,807 113,419 117,840 128,419 150,257 191,758 206,319 241,692 267,865 274,242 53,989 49,135 45,071 33,137 36,779 39,626 39,839 45,724 56,355 71,073 150,816 168,158 193,382 206,663 216,516 226,673 225,897 254,121 281,816 312,314 53,003 55,921 59,418 61,921 65,482 69,733 70,752 75,411 79,798 80,440 1978-Mar..................... 736,929 478,252 165,652 262,179 50,420 258,677 77,804 1978-Dec..................... 782,371 487,546 161,747 264,791 60,007 294,825 80,546 1979-Jan..................... 789,502 Feb..................... , 791,249 792,344 795,434 May..................... 803,816 799,863 496,529 497,976 500,400 504,585 506,867 499,343 162,286 162,416 165,459 163,730 163,076 159,890 272,807 271,372 270,803 275,311 276,123 272,066 63/,436 64,189 64,139 65,544 67,668 67,387 292,973 293,273 291,944 290,849 296,949 300,520 80,414 80,459 80,417 80,426 80,430 80,460 806,508 812,095 819 007 825,736 832,730 843,960 506,994 509,187 506,693 515,033 519,573 530,731 159,938 160,489 161,378 161,692 165,100 172,644 278,257 277,582 274,242 280,832 279,723 283,379 68,799 71,116 71,073 72,510 74,751 74,708 299,514 302,909 312,314 310,703 313,157 313,229 80,524 80,503 80,440 80,178 79,669 79,517 Govern ment account series Other Aug.................... .* Oct..................... Nonmarktable - Continued End of fiscal year or month Foreign series Invest ment series Depos itary series Government Public Foreign Foreign Dollar 1 currency currency denominated 2 / denominated 3/ ! denominated 1971......................... 1972......................... 1973......................... 1974......................... 1975......................... 1976......................... 1977......................... 1978......................... 1979......................... 2,347 2,310 2,275 2,271 2,267 2,263 2,262 2,247 2,246 2,245 23 22 19 16 16 9 9 7 8 6 7,606 16,913 26,781 23,412 21,617 19,901 19,215 20,510 20,912 23,965 1,664 2,072 1,743 1,599 1,599 1,599 1,599 1,289 768 - 1978-Mar..................... 2,245 8 22,614 1,035 2,245 8 27,398 600 2,245 2,245 2,245 2,245 2,245 2,245 8 8 8 6 6 7 26,928 24,877 24,008 21,266 21,008 22,657 531 475 3 2,245 2,245 2,245 2,245 2,245 2,245 7 6 6 6 6 6 23,865 23,538 23,965 23,860 23,895 23,551 - Feb..................... Mar..................... May..................... 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 Tre&suary bills beginning March 1975, sold to foreign governments for U.S. dollars. 3/ Consists of the dollar equivalent of Treasury certificates of indebtedness; Treasury bonds from October 1962-April 1967; and _ 82,784 89,598 101,738 115,442 124,173 130,557 128,640 140,113 153,271 176,360 3,389 1,322 1,407 2,002 1,361 2,611 3,419 14,543 24,813 25,149 - 137,956 17,013 1,595 157,522 24,912 2,798 2,798 4,150 4,150 4,150 4,150 155,237 157,637 153,765 158,178 164,552 166,274 24,812 24,774 27,348 24,578 24,558 24,729 4,150 4,150 4,150 4,150 5,269 5,269 16 167,301 176,360 175,267 176,992 177,460 24,842 25,167 25,149 24,996 25,080 25,183 - i ' 4,150 - - . ±f 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 in addiitiaatjbp^£hoae accounts -previously shown as special issues, formerly Included in "Other" column* 24 Treasury Bulletin FEDERAL DEBT, Table FD-4. - Government Account Series (In millions of dollars) End of fiscal year or month Total Airport and Airway trust fund Exchange Stabilization Fund Federal Deposit Insurance Corporation Federal employees retirement funds Federal disability insurance trust fund 1971............. 1972............. 1973............. 1974............. 1975............. 1976............. T.Q.............. 1977............. 1978............. 1979............. 82,784 89,598 101,738 115,442 124,173 130,557 128,640 140,113 153,271 176,360 878 1,936 2,529 2,712 3,246 3,687 4,377 1,242 1.424 2,934 2,364 1,451 1,512 1,529 2,050 1,763 4,266 156 274 263 436 1,367 2,692 3,429 4,829 5,435 7,835 21.644 24,691 27,894 31,201 35,525 40,383 39,607 46,631 53,398 61,369 5,713 6,697 7,488 7,880 7,843 6,616 6,138 3,941 4,053 5,286 1978-Mar......... 137,956 3,583 2,022 5,082 46,060 1978-Dec......... 157,522 3,956 3,190 6,276 1979-Jan......... Feb......... Mar......... 155,237 157,637 153,765 158,178 164,552 166,274 3,999 4,068 4,136 4,198 4,267 4,484 3,139 3,115 2,731 2,411 2,835 6,385 6,874 6,909 6,955 7,102 7,099 163,882 167,301 176,360 175,267 176,992 177,460 4,404 4,451 4,377 4,442 4,537 4,728 3,272 3,377 4,266 4,497 4,475 4,376 7,108 7,819 7,835 7,851 8,066 8,074 July........ 4ug......... Sept........ Dec.......... End of fiscal year or month - Federal iFederal Sav supp. medical, ings and Loan Insurance insurance trust fund , Corporation Government life insur ance fund Highway trust fund Federal Federal Horfe Energy Loan Bank Adminsitration _ - 44 62 * - Federal hospital insurance trust fund Federal old-age and survivors insurance trust fund - - 2,980 2,834 4,172 7,814 9,711 10,892 10,959 10,924 11,707 13,144 3,206 - - 11,115 54,004 3,910 - _ 11,376 23,468 53,566 53,141 52,754 52,297 51,931 53,339 3,881 3,876 4,229 4,620 4,692 5,089 . - 11,298 11,309 12,351 12,221 12,258 12,742 22,172 23,715 22,945 24; 373 26,995 24,047 52,821 52,377 61,369 60,934 60,404 61,969 4,905 4,611 5,286 5,123 5,036 5,326 _ 12,295 12,706 13,144 12,879 12,612 13,057 22,370 22,718 23,251 20,920 22,478 20,582 National service life insurance fund - - 1,712 - Postal service fund Railroad retirement accounts - - _ Treasury deposit funds Unemployment trust fund 27,248 29,126 31,424 33,640 35,815 33,891 32,978 31,333 26,890 23,251 27,117 Other H i 1977............. 1978............. 1979............. 257 478 700 531 1,378 1,230 1,244 2,-232 4,021 4,974 89 139 81 129 907 1,593 1,885 2,535 3,088 3,792 758 717 690 651 604 569 560 526 496 463 3,635 4,456 5,550 7,599 9,536 9,030 8,952 10,079 11,578 12,469 6,068 6,155 6,427 6,605 6,716 6,931 6,956 7,250 7,618 7,825 963 820 385 53 277 771 978 1,677 2,199 3,853 3,742 3,766 3,706 3,466 3,375 2,175 2,684 2,579 2,794 1978-Mar......... 3,675 2,890 513 10,890 7,407 2,162 2,081 19'78HDec......... 4,‘343 3,450"" 49fc 11,810 7,808’ 3,665 2,5*6 1979-Jan......... Feb......... 4,555 4,566 4,681 4,734 4,708 4,901 3,490 3,594 3,618 3,650 3,637 3,657 491 487 482 474 468 481 11,971 12,114 12,229 12,296 12,463 12,931 7,773 7,761 7,727 7,682 7,657 7,889 3,721 3,851 3,603 3,667 3,476 3,545 2,248 2,237 2,115 1,794 1,842 3,257 4,979 5,010 4,974 4,933 4,828 4,885 3,688 3,788 3,792 3,795 4,179 4,221 472 467 463 457 453 460 12,751 12,720 12,469 12,054 11,954 12,147 7,867 7,843 7,825 7,785 7,765 8,002 3,589 3,401 2,199 3,390 3,877 4,101 2,917 2,956 2,794 2,427 2,702 2,844 1971............. 1972............. 1973............. 1974............. 1975............. 1976............. May......... July........ Aug......... Oct......... Nov......... Dec......... Sources Monthly Statement of the Public Debt of the United States. Note: Prior to July 1974 title of this table was "Special Public Debt Issues^ 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 form August 1969-January 1973; employees health benefits fund beginning October 1970; ExportImport Bank of the United States from February 1967-October 1968; General Services Administration participation certificates trust; and Washington Metropolitan Area Transit Authority from November 1972-March 1973; Indian tribal funds and individual Indian money for August 1974; Pension Benefit Guaranty Corporation beginning Nov ember 1974; Bonneville Power Administration and Library of Congress trust fund beginning January 1975; Tax Court Judges survivors annu ity fund and Overseas Private Investment Corporation beginning - 836 790 780 736 809 1,731 8,514 7,186 8,330 9,495 4,557 2,203 2,345 3,603 7,195 12,048 585 655 1,199 2,127 2,470 4,332 5,076 6,533 7,274 8,567 752 2,231 7,168 i;s3? 7,811 7,545 1,854 1,851 1,851 1,882 1,861 1,822 7,034 7,277 6,235 6,765 10,771 10,138 7,660 7,800 7,873 7,839 8,012 8,016 1,748 2,732 1,731 1,666 1,628 1,545 10,487 12,827 12,408 12,087 12,320 11,234 8,212 8,503 8,567 9,488 9,678 9,906 < I February 1975. Federal ship financing escrow fishing fund, Federal ship funancing fund fishing vessels (NOAA), Federal ship financing revolving fund, gifts and bequests (Commerce), judicial survivors annuity fund, national 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 Jtjly 1975, Comptroller of the Currency, trustee fund, beginning August 1975, Federal Financing Bank; National Archives Gift Fund; Public H&alth 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 tham $500,000. 25 January 1980 .FEDERAL DEBT, 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 Total .amount otifc&feanding Federal Family housing y Housing and homeowners Adminis assistance tration Other independent agencies Government National Mortage Association Export-Import Bank of the United States Federal Home Loan Bank Board Postal Service Tennessee Valley Authority Other 1977....................... 1978....................... 1979....................... 12,163 10,894 11,109 12,012 10,943 11,433 11,678 10,298 8,881 7,232 1,683 1,588 1,484 1,382 1,276 1,171 1,136 1,016 897 767 487 454 412 408 487 581 578 579 601 551 6,005 4,290 4,480 4,370 4,260 4,180 4,145 3,768 3,166 3,004 2,625 1,819 2,221 2,894 2,593 3,174 3,591 2,858 2,141 933 6 5 5 10 - 250 250 250 250 250 250 250 250 250 1,355 1,855 2,255 2,696 2,075 2,075 1,975 1,825 1,825 1,725 3 3 3 3 2 2 2 2 2 1 1978-Mar................... 9,893 954 607 3,743 2,512 - 250 1,825 2 1978-Nov................... 8,537 8,487 876 868 594 588 3,166 3,141 1,824 1,813 - 250 250 1,825 1,825 2 2 8,279 8,263 7,832 7,663 7,426 7,334 7,263 7,245 7,232 7,213 7,132 864 859 839 822 807 796 787 777 767 757 748 582 586 580 576 568 562 559 552 551 547 545 3,141 3,414 3,414 3,099 3,099 3,039 3,004 3,004 3,004 3,004 3,004 1,617 1,601 1,195 1,191 976 960 937 935 933 928 859 - 250 250 250 250 250 250 250 250 250 250 250 1,825 1,825 1,825 1,725 1,725 1,725 1,725 1,725 1,725 1,725 1,725 2 2 2 1 2 2 1 1 1 1 1 1971....................... 1972....................... 1973....................... 1974....................... 1975....................... 1976....................... 1979-Jan................... Feb................... July.................. Aug................... - - Memorandum - Interest-bearing securities of non-Government agencies 4/ End of fiscal ^e^r or month 1971........................ 1972........................ 1973........................ 1974........................ 1975........................ 1976........................ 1977........................ 1978........................ 1979........................ 1978-Mar.................... 1978-Nov.................... 1979-Jan.................... Feb.................... May.................... July................... Aug.................... Banks for cooperatives 1/ Federal home loan banks 5/ Federal intermediate credit banks If 1,790 1,805 2,338 2,475 2,896 3,694 3,901 4,061 4,317 735 4,728 4,668 4,483 7,923 7,848 12,149 18,622 21,250 19,390 19,111 19,206 27,443 45,518 5,705 6,188 6,673 7,995 9,497 10,298 10,791 11,693 11,555 2,676 6,652 7,393 9,058 11,067 14,192 10,060 16,566 18,719 20,198 17,075 22,132 39,043 40,432 10,881 22,548 11,469 4,392 3,852 3,351 2,473 1,483 785 40,692 41,897 41,641 41,775 42,710 43,159 785 785 785 584 584 44,217 45,064 45,518 47,521 49,040 Federal land banks Farm credit banks Federal National Mortgage Association 2/ 6/ District of Columbia Stadium Fund 278 958 701 2,008 5,135 29,297 14,996 18,560 21,087 25,232 28,237 29,863 30,685 31,491 38,353 46,378 20 20 20 20 20 20 20 20 20 20 19,350 20,360 20,360 3,462 5,183 5,081 33,350 39,814 41,080 20 20 20 9,978 8,958 7,890 6,994 5,958 5,122 19,275 19,275 19,275 18,389 18,389 18,389 8,877 11,134 13,987 17,838 20,597 22,949 41,917 42,405 43,625 44,792 44,639 45,775 20 20 20 20 20 20 4,269 3,427 2,676 2,676 2,676 17,075 17,075 17,075 16,006 16,006 26,606 28,033 29,297 32,189 33,547 46,341 46,108 46,378 46,861 47,278 20 20 20 20 20 Source: Bureau of Government Financial Operations and Monthly Treasury Statement of Receipts and Outlays of the U.S. Government. Note: The Export-Import Bank was moved within the Budget effective October 1, 1976 pursuant to Public Law 93-646. Adjustments are made to include totals for the period it was outside the Budget (August 17, 1971 through September 30, 1976). Also, adjustments are made to re flect certain Export-Import Bank borrowing transactions now classified as agency debt. These transations were previously reported as offbudget negative outlays. 1/ Includes unredeemed matured securities outstanding on which interest has ceased. - Effective September 30, 1% S , Federal National Mortgage Association was converted to private ownership pursuanat to provisions of the Housing and Urban Development Act of 1968 )P.L. 90-448). 3/ Effcetive December 31, 1968, banks for cooperatives and Federal In termediate credit banks were converted to private ownership pursuant to provision of Public Law 90-582, October 17, 1968. For details of securities outstanding, see Table TS0-5 5j Includes Federal Home Loan Mortgage Corporation mortgaage backed bonds beginning November 1970. 6/ (Includes mortgage backed bonds beginning June 1970. 2/ 26 Treasury Bulletin FEDERAL DEBT FD-6. - Participation Certificates (In million of dollars - face amounts) Participation certificates issued by GNMA acting as trustee Export-Import Bank of the United States End of fiscal year or month Sales 1971..................... 1972..................... 1973..................... 1974..................... 1975..................... 1976..................... 1977..................... 1978..................... 1979V.................... 1978-Mar................. 1978-Nov................. 1979-Jan................. Feb................. July................ Farmers Home Administration 1/ Total Retire ments Out standing Sales Retire ments Out standing Sales ( Health, ‘Education, and Welfare Department 2/ Retire ments Out standing Sales Retire ments Out standing - 268 608 42 327 - 1,226 618 576 249 249 252 252 252 252 252 - 1,315 1,085 440 110 110 80 35 377 602 - 6 ,66^ 4,920 4,480 4,370 4,260 4,180 4,145 3,768 3,166 3,004 - 80 168 24 41 133 - 663 517 493 493 492 492 492 451 318 318 - 2 6 2 8 15 - 207 201 199 199 198 198 198 190 175 175 - - 252 25 3,743 451 - - 190 - 175 175 - 42 60 3,141 3,141 3,141 3,099 3,099 3,039 318 318 318 318 318 318 - - - 252 252 252 252 252 252 - - 3,004 3,004 3,004 3,004 3,004 - - 35 - - - - - - - Nov................. 252 252 252 252 252 252 252 3,166 3,141 318 318 - 318 318 318 318 318 - - 175 175 175 175 175 175 175 175 175 175 175 Participation certificates issued by GNMA, acting as trustee - Continued End of fiscal year or month Housing and Urban Development Department Office of Secretary 3/ Sales 1971..................... 1972..................... 1973..................... 1974..................... 1975..... '................ 1976..................... 1977..................... 1978..................... 1979..................... 1978-Mar................. 1978-No v ................. 1979-Jan................. Feb................. July................ Aug................. Oct................. - - Retire ments 963 405 34 - 7 14 _ - Out standing 1,146 741 707 707 707 707 707 700 685 685 700 685 685 685 685 685 685 685 685 685 685 685 685 685 Government National Mortgage Association 4/ 1 Retire Out Sales ments standing _ - - Source: 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. 81 193 95 65 70 41 19 165 174 11 18 26 1,626 1,433 1,338 1,273 1,204 1,164 1,145 980 806 783 969 806 795 12 - 738 738 738 738 738 795 795 795 777 777 751 - 3/ Small Business Administration 5/ Sales _ - - Retire ments 91 206 41 102 32 - Out standing 691 485 444 444 444 444 444 342 311 311 342 311 311 311 311 311 311 311 311 311 311 311 311 311 Veterans Administration 6/ Sales - Retire ments Out standing - 99 107 243 45 41 40 16 54 234 94 14 24 34 1,650 1,543 1,300 1,255 1,214 1,175 1,159 1,105 871 777 1,092 871 857 - 23 - - - 777 777 777 777 777 - 857 857 857 x833 833 800 Includes College Housing, Housing for the Elderly, and Public Facility programs. 4/ Includes Special Assistance, and Management and Liquidating programs. 5J Includes programs for Disaster Loans, and Business Loans and Investments. 6/ Includes Direct Loan and Loan Guaranty programs. January 1980 27 ----- lnanirPAT. raairr 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 j held 10 -20 years 20 years and over 14,503 16,033 16,385 14,197 15,385 24,169 31,247 33,067 33,500 32,279 6,357 6,358 8,741 9,930 8,857 8,087 7,939 8,428 11,383 18,489 7,645 6,922 4,564 3,481 4,611 6,652 7,262 10,531 14,805 20,304 132,501 133,876 128,293 29,414 33,695 33,604 9,635 13,879 13,833 .12,669 15,314 15,278 184,277 185,602 186,967 185,725 188,018 184,113 133,992 132,434 129,454 132,538 130,576 124,443 33,690 31,299 31,245 31,235 33,572 33,359 15,282 15,195 15,141 16,578 17,326 17,271 15,315 17,267 17,254 17,239 18,508 18,462 3 3 3 3 3 3 yrs. yrs. yrs. yrs. yrs. yrs. 3 5 4 4 6 6 mos. mos. mos. mos. mos. mos. 183,277 182,891 181,883 182,297 180,676 129,462 130,607 127,574 134.205 133,276 33,555 32,392 32,279 32,325 34,319 18,617 18,548 18,489 19,938 19,866 18,390 20,334 20,304 20,309 22,302 3 3 3 3 3 yrs. yrs. yrs. yrs. yrs. 6 8 7 8 10 mos. mos. mos. mos. mos. Within 1 year 1-5 years 161,863 165,978 167,869 164,862 210,382 279,782 294,595 326,674 356,501 380,530 74,803 79,509 84,041 87,150 115,677 151,723 153,203 161,329 163,819 181,883 58,557 57,157 54,139 50,103 65,852 89,151 94,845 113,319 132,993 127,574 1978-Mar................... 1978-Nov.................. 362,693 367,256 365,239 178,474 170,492 174,231 1979-Jan.................. Feb.................. Mar.................. 382,556 381,797 380,060 383,315 388,001 377,649 July................. 383,102 384,771 380,530 389,074 390,439 Nov.................... 5-10 years Sources Office of Government Financing in the Office of the Secretary. 1/ Beginning with the September 1976 Treasury Bulletin the average length Average length 1/ 3 3 3 2 2 2 2 2 3 3 yrs. yrs. yrs. yrs. yrs. yrs. yrs. yrs. yrs. yrs. 2 yrs. 3 yrs. 3 yrs. 6 3 1 11 8 7 9 11 3 7 mos. mos. mo. mos. mos. mos. mos. mos. mos. mos. 11 mos. 4 mos. 4 mos. of the interest-bearing marketable public debt is computed on that part of the outstanding public debt privately held. Table FD-8. - Debt Subject to Statutory Limitation (In millions of dollars) End of fiscal year or month Statutory debt limit Interest-bearing debt subject to limitation Deb t outstanding subjec t to limitation Total Public debt Other debt 1/ 1/ 2/ Public debt Other debt Non-interest-bearing debt subject to limitation Public debt Other debt 1/ 1/ 1977....................... 1978....................... 1979....................... 430,000 450,000 465,000 495,000 577,000 636,000 636,000 700,000 798,000 830,000 399,475 428,576 459,089 476,006 534,207 621,556 635,822 699,963 772,691 827,614 396,678 425,813 456,697 473,618 532,565 619,820 634,089 698,229 770,935 825,910 2,797 2,764 2,392 2,388 1,642 1,736 1,733 1,734 1,756 1,704 396,289 425,360 425,353 473,238 532,122 619,254 633,560 697,629 766,971 819,007 1,972 1,939 1,567 1,563 1,642 1,736 1,733 1,734 1,756 1,704 389 453 343 380 443 566 529 600 3,963 6,903 1978-Mar................... 752,000 739,103 737,341 1,763 736,929 1,763 412 - 1978-Dec..................... 798,000 790,340 788,597 1,743 782,371 1,743 6,226 - 1979-Jan................... 798,000 798,000 798,000 830,000 830,000 830,000 791,581 793,337 797,920 797,505 805,909 806,022 789,844 791,598 796,183 795,774 804,185 804,304 1,736 1,739 1,737 1,731 1,724 1,718 789,502 791,249 792,344 795,434 803,816 799,863 1,736 1,739 1,737 1,731 1,724 1,718 343 349 3,839 339 369 4,441 _ - 830,000 830,000 830,000 879,000 879,000 879,000 808,583 814,240 827,614 827,879 834,924 846,198 806,868 812,532 825,910 826,178 833,224 844,508 1,715 1,708 1,704 1,701 1,699 1,690 806,508 812,095 819,007 825,736 832,730 843,560 1,715 1,708 1,704 1,701 1,699 1,690 360 436 6,903 442 495 548 - 1974........... *.......... 1975....................... 1976....................... Feb..................... July.................... Dec................ . Sources Monthly Statement of the Public Debt of the United States. Motes For debt subject to limitation since 1940, see Table 21 of the Statistical Appendix to the Annual Report of the Secretary of the Treasury of the State of the Finances for fiscal 1978. For a summary of legislation of debt limitation under the Second Liberty Bond Act and the amounts of limitation, see Table 32 of the Statistical Appendix. 1/ 2/ 825 825 825 825 - - - - _ - Adjusted to exclude notes to IMF and other international lending or ganizations from public debt and include them in "Other debt" to conform with the budget presentation and the source for this table. Consists of guaranteed debt of Government agencies, specified partic ipation certificates, District of Columbia Stadium Bonds and notes of international lending organizations. Treasury Bulletin 28 .FEDERAL DEBT. Table FD-9. - Status and Application of Statutory Limitation The Second Liberty Bond Act (31 U.S.C. 757b), as amend The ed, provides that the face amount of obligations issued under authority of that Act, and the face amount of that obligations tions Act of June 30, 1967 (Public Law 90-39) issued under section 302 guaranteed as to principal and interest by the United States, Mortgage Association Charter Act shall not the fiscal year at any exceed in the aggregate $400 billion time. Public Law 96-78 provides that beginning September 29, 1979, and debt limit outstanding ending on May 31, 1980, the shall be temporarily increased by $479 on added to Public 1968 and (c) of %he Federal National (12 U.S.C. 1717 (c) during outstanding at any time shall be the amount otherwise taken into account in mining whether the billion. provides the face amount of beneficial interests and participa deter requirements of the above provisions are met. Part A. - Status Under Limitation December 81, 1979 (In millions of dollars) Public debt subject to limit: Public debt outstanding.... ►....................................................................................... Less amounts not subject to limit: Treasury......................................................................................................... Federal Financing Bank........................................................................................... $845,116 608 (*) Total public debt subject to limit.................................................................................. 844,508 Other debt subject to limit: Guaranteed debt of Government agencies.............................................................................. Specified participation certificates................................................................................ 555 1,135 Total other debt subject to limit................................................................................... 1,690 Total debt subject to limit.......................................................................................... 846,198 Statutory debt limit................................................................................................. 879,000 Balance of statutory debt limit...................................................................................... 32,802 Part B. - Application of Statutory Limitation December^ 31, 1979 Classification Interest-bearing debt: Marketable: Bills: Treasury........ Notes: Treasury. Bonds: Treasury. Total marketable.. Amount outstanding $172,644 283,,379 74,,708 530,>731 Nonmarke table: “Government: ’Depositary'series. Public: Foreign currency denominated........... Government account series............... Investment series....................... R.E.A. series........................... State and local government series........ United States individual retirement bonds. United States retirement plan bonds...... United States savings bonds.............. United States savings aotes», .. Total nonmarke table. Total interest-bearing debt.... 6 23.,551 5.,269 177.,460 2 ,,245 16 24.,608 43 164 79.,517 352 313.,229 00 ■p03 Foreign series: Dollar denominated. ,960 Non-interest-bearing debt: Matured debt.................. Other......................... Total non-interest-bearing debt. 303 853 1 ,156 Total public debt outstanding.... 845,116 Source: Monthly Statement of the Public Debt of the United States. * $500 thousand or less. 29 January 1980 FEDERAL DEBT Table FD-10. - Treasury Holdings of Securities Issued by Government Corporations and Other Agencies (In millions of dollars) Housing and Urban Development Department Agriculture Department Federal Financing Bank Federal Home Loan Bank Board Commodity Credit Corp oration Rural Electri fication Adminis tration Secretary: Farmers Home Adminis tration Programs Office of the Secretary (D Total Agency for Inter national Develop ment 1/ l-u* o End of fiscal year or month ExportImport Bank of the United States 3/ College housing loans Urban renewal fund 800 800 800 800 800 800 800 800 800 300 352 333 351 414 455 124 149 264 490 1,210 1/ 197 1 197 2 197 3 197 4 197 5 197 6 T.O...... 197 7 197 8 197 9 31,944 33,939 34,237 35,434 44,674 53,091 57,374 66,353 85,626 105,931 1978-Mar.. 77,415 1978-Dec.. 451 416 374* 327 233 11,977 11,501 10,864 8,608 5,046 2,840 3,556 6,128 11,261 13.927 5,746 6,051 6,563 6,963 7.409 7,512 7.409 7.865 7.865 7.865 1,391 1,606 1,610 2,545 1,482 1,717 1,867 1.922 2, 222 3.371 783 1,743 1,888 2,457 207 11 73 3 50 2,450 2,781 2,811 2,811 2,811 2,811 2,811 2,811 2,811 2,687 42,169 10,230 7.865 1.922 18 2,811 800 364 602 13,466 22,413 25,884 35,418 48,078 63.836 1,247 1,534 1,491 90,612 51,298 12,681 8,027 2,222 47 2,811 800 619 1979-Jan.. Feb.. Mar.. Apr.. May., June, 93,444 95,298 98,075 99,971 101,657 103,493 52,254 53,221 55,310 56,610 58,186 60,813 14,206 14,558 14,840 14,996 14,909 14,569 8,059 8,104 7.865 7,957 7,998 8,017 2,272 2,796 2,996 3.346 3.346 3.371 221 108 411 426 554 2,811 2,811 2,811 2,687 2,687 2,687 800 800 800 800 800 800 679 715 751 795 855 908 July, Aug., Sept, Oct., Nov., Dec., 103,731 104,791 105,931 108,557 111,061 108,225 61,798 62,880 63.836 65,583 66,281 67,382 14,060 13,850 13.927 14,274 14,980 11,712 8,065 8,103 7.865 7,942 7,986 8,024 3.371 3.371 3.371 3.371 3.381 3.381 2,687 2,687 2,687 2,687 2,687 2,687 300 300 300 300 250 250 1,031 1,106 1,210 1,432 2,305 930 Housing and Urban Development Department - Continued End of fiscal year or month Govern ment National Mortgage Assn. 5/ Other y Interior Department Rural Telephone Bank Helium fund Under Defense Produc tion Act of 1950 7/ Other y 2,010 2,010 2,014 2,015 9/ 9/ 9/ If - 43 43 63 43 44 98 97 223 317 490 49 132 191 201 234 319 395 1,730 1,730 1,730 1,730 1,730 1,730 1,730 1,730 1,730 1,730 252 257 150 115 1,730 - 3,969 252 319 150 113 1,730 - 361 3,969 3,969 3,969 3,969 3,969 3,969 252 252 252 252 252 252 325 334 334 340 347 351 150 150 150 150 150 150 113 113 113 113 113 113 1,730 1,730 1,730 1,730 1,730 1,730 - 362 364 364 373 374 375 3,969 3,969 3,969 3,969 3,969 3,969 252 252 252 252 252 252 372 387 395 395 395 395 150 150 150 150 150 150 113 113 113 113 113 111 1,730 1,730 1,730 1,730 1,730 1,730 - 379 381 490 490 490 1,101 1977................ 1978................ 1979................ 207 251 252 252 252 251 252 252 252 252 1978-Mar............ 4,819 3,669 1978-Dec............ 5,213 1979-Jan............ Feb............ Mar............ 5,242 5,275 5,380 5,427 5,389 5,388 5,456 5,512 5,587 5,718 5,865 5,987 Oct............ Saint Lawerence Seaway Develop ment Corp. Veterans Adminis tration: Direct loan program 130 127 123 121 120 118 118 116 115 113 223 665 1,641 2,462 3,677 4,666 4,878 3,529 3,969 3,969 July............ _ Transpor tation Dept. 100 100 100 100 150 150 150 150 150 150 3,552 3,781 3,053 3,133 5,413 6,124 5,907 4,908 5,248 5,587 1971................ 1972................ 1973................ 1974................ 1975................ 1976................ Ten nessee ValJLey Author ity 50 151 226 163 - 243 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 1978 Statistical Appendix to Annual Report of the Secretary of the Treasury, pages 410-415, and the 1978 Combined Statement of Receipts, Expenditures and Balances of the United States Government, pages 558-560. If 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." 7J Farm housing and other loan programs, Agricultural Credit Insurance Fund (formerly Farm Tenant Mortgage Insurance Fund), Rural Housing Insurance Fund, and Rural Development Insurance Fund. 3/ Includes securities transferred from the Reconstruction Finance Corporation. 4/ Consists of notes issued to borrow for: public facility loans; Low Rent Public Housing Fund; and Housing for the Elderly or Handicapped. 5f 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. Public Housing Administration 1960-1963; Federal Housing Administra tion beginning January 1966; Housing Assistance Administration from September 1968-December 1969. 6f TJ Consists of notes of: The Administrator, General Services Adminis tration, for defense materials procurement; the Secretary of Agri culture; the Secretary of the Interior (Defense Minerals Exploration Administration); and the Secretary of the Treasury through May 1964. 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 (NOAA), beginning December 1972; Virgin Islands Corporation from September 1959-September 1968; District of Columbia Commissioners for the Stadium Sinking Fund beginning December 1971; Secretary of the Interior (Bureau of Mines) for development and operation of he lium properties beginning May 1964; Bureau of Commercial Fisheries for Federal Ship Mortgage Insurance Fund, Fishing Vessels from Jan uary 1966 - May 1967; and revenue bonds for Smithsonian Institution (John F. Kennedy Center Parking Facilities) beginning July 1968; Secretary of Transportation (Washington Metropolitan Area Transit Authority) beginning December 1972; Health, Education, and Welfare, Office of Education (Student Loan Insurance Fund) from May 1973 August 1973; Pension Benefit Guaranty Corporation from September 1974; Federal Railroad Administration, rail service assistance, beginning January 1976, and regional rail reorganization, April, 1976; Bonnerville Power Administration beginning September 30, 1977; Secretary of Energy beginning October, 1977; General Services Administration (Pennsylvania Avenue Corporation) beginning November, 1977, and advances for the National Flood Insurance Fund. 9j Outstanding loans cancelled pursuant to Public Law 93-426, dated September 30, 1974. 31 January 1980 .FEDERAL DEBT, Table FD-ll. - Description of Securities of Government Corporations and Other Business-Type Activities Held by the Treasury, December 31, 1979 ________ (In millions of dollars)_____ Title and authorizing act Department of Energy: Bonneville Power Administration, Act of Aug, 20, 1937 as amended Advance................... . Do....................... Do....................... . Do....................... . Commodity Credit Corporation, act of Mar. 8, 1938 as amended: Advances................ . Do....................... Do....................... Do....................... . Do....................... . Do... ........... ......... Do....................... . Advances.................... . Do....................... . Do....................... . Total........................ District of Columbia: Stadium sinking fund, Armory Board, July 28, 1958, as amended: Note........................ Date of Issue Date payable Sept. 30, 1979 do June 30, 1979 Sept. 30, 1979 Sept. Sept. June Sept. 30, 30, 30, 30, 1981 2013 2014 2014 Various dates do do do do do do do do do Jan. Dec. 1, 1978 When funds are available June 1, 1979 Interest payable Rate of interest Principal amount March 31, Sept. 30 do June 30, Dec. 31 March 31, Sept. 30 10-1/2 8.95 9.45 9.90 235 50 75 50 Jan. 10-1/8 10-1/2 10-1/4 10-3/8 9-3/4 9-5/8 9-7/8 10-5/8 11-3/4 12-7/8 8,568 368 313 306 6 49 153 399 784 766 11,712 9-7/8 * 10-1/4 * 410 Jan. Jan. 1, 1980 do do do 1, 1980 do do 1, 1980 do do Jan. Jan. 1, July do do do 1, July 1 do do 1 July 1 do do At maturity do 1 Export-Import Bank of the U.S., act of July 31, 1945, as amended: Notes, Series 1978................ Federal financing Bank, act of Dec. 29, 1973: Advances................................ Federal Housing Administration, act of Aug. 10, General insurance fund: Advance................................ Do................................. Advances........... .................... Do................................. Do................................. Do................................. Advances................. .............. Do................................. Advances................................ Advance................ ................ Do................................. Do................................. Do................................. Do................................. Subtotal................... Special war-risk insurance fund: Advances................... Do..................... Advance....... ............. Do..................... Do..................... Do..................... Do..................... Advances................... Do. Do... Do... Advance.. Advances. Do... Do... Do... Various dates Mar. 1, 1980 At maturity 12.78 163 Various dates Various dates At maturity Various 67,382 Jan. 31, 1974 Mar. 31, 1974 Various dates do do do June 30, 1975 Various dates do Mar. 31, 1977 Jan. 31, 1977 Dec. 31, 1977 Apr. 30, 1978 Sept. 30, 1978 Jan. 31, 1989 Mar. 31, 1989 Various dates do do do June 30, 1990 Various dates do Mar. 31, 1992 Jan. 31, 1992 Dec. 31, 1992 Apr. 30, 1993 Sept. 30, 1993 At maturity do do do do do do do do do do do do do 7 7-1/4 7-5/8 7-7/8 8 8-3/8 8-1/4 8-1/2 8-1/8 7-1/2 7-1/4 7-3/4 8-1/4 8-5/8 50 84 314 385 201 142 202 270 273 44 86 20 10 75 Various dates do Feb. 28, 1973 Various dates Sept. 30, 1973 Nov. 30, 1973 Mar. 31, 1974 Various dates do do do June 30, 1975 Various dates do Dec. 31, 1977 Apr. 30, 1978 Various dates do Feb. 28, 1988 Various dates Sept. 30, 1988 Nov. 30, 1988 Mar. 31, 1989 Various dates do do do June 30, 1990 Various dates do Dec. 31, 1992 Apr. 30, 1993 June 7 6-1/4 6-5/8 6-3/4 7-1/2 6-7/8 7-1/4 7-5/8 7-7/8 8 8-3/8 8-1/4 8-1/2 8-1/8 7-3/4 8-1/4 2,157 30, Dec. 31 do do do do do do do do do do do do do do do Subtotal. 1,812 Total Federal Housing Administration. Federal Emergency Management Agency, Executive Order, April 1, 1979 National u'lood Insurance Fund, act oF‘~ Aug. 1, 1968: Advances......................... Do.......................... Do.... Do___ Do___ Do.... Do___ Do___ Do___ Do___ Do___ Do___ Do___ Advance.. Do.... Do___ Advances. 38 34 86 276 36 68 90 224 214 199 99 75 135 148 60 30 3,969 Apr. 30, 1978 Various dates do do do do do Oct. 26,1978 Dec. 31,1978 Various dates Various dates July 1, 1979 Aug. 13, 1979 Various dates do do Various dates 1, 1980 do do do do Various dates July lr 1980 1, 1981 July 1, 1980 Oct. 1, 1981 Oct. do 1, 1981 Oct. do Oct. 1, 1982 do do Oct. 1, 1981 Oct. Oct. 1, do do do do do do July 1, Oct. 1, do do Oct. 1, do Apr, 1, do do Oct. 1, Apr. July Apr Apr. Oct. Apr 1 7-3/4 8 7-7/8 8-1/4 8-5/8 8-3/8 8-1/8 8-1/2 9-3/8 9 8-1/2 9-1/8 8-7/8 9-5/8 10-3/8 11-5/8 4 21 9 16 11 13 46 * 144 1 9 86 35 10 110 47 10 32 Treasury Bulletin FEDERAL DEBT Table FD-11. - Description o f S e c u r itie s of Government Corporations and Other Business-Type Activities Held by the Treasury, December 31, 1979—Continued _________________ Date of Issue Title and authorizing act Federal Emergency Management Agency, Executive Order, April 1, 1979 National Flood Insurance Fund, act of Aug. 1, 1968 — Cont. Do................................... Do................................... Do................................... Do................................... (In millions of dollars) . . . . do do Feb. 28, 1979 Various dates Date payable July Oct. do do 1, 1, Interest payable Jan. 1980 1981 Oct. 1, July 1 do do 1, Apr. 1 Rate of interest 9-5/8 9-3/4 10 9-1/2 Total Federal Emergency Management Agency...... . Various dates Various dates At maturity Government National Mortgage Association, act of Aug. 2, 1954, as amended: Emergency home purchase assistance fund: Advances................................. Do................................... . Do................................... . Various dates Various dates do July 1, 1982 Various dates July 1, 1981 Jan. Jan. do do do do do do do do do July 1, 1979 Various dates do do do do do do July July July Subtotal................................. Management and liquidating functions: Advance.................................. 6 * * 34 613 General Services Administration: Pennsylvania Avenue Development Corporation, act of October 27, 1972, as amended: Advances................................. Do................................... . Do................................... . Do................................... . Do................................... . Do... ......................... ...... . Do................................... . Do................................... . Do................................... . Do................................... . Do................................... . Advances................................. Do................................... . Do................................... . Do................................... . Advance.................................. Do................................... . Do................................... . Principal amount July July July July 1, do do do do do 1, do do 1, 1, do do do 1, do do 1982 1983 1984 1983 Jan. 1984 Jan. 1982 Jan. arious 34 1, July 1 1, July 1 do 7-3/4 6-7/8 7 21 14 20 do do do do do do do do do do 1, July 1 do do do 1, July 1 do do 7-1/8 7-3/8 7-7/8 7-1/2 8 8-1/8 8-3/8 8-5/8 8-7/8 9 9 9-3/8 9-1/8 9-1/4 9-3/8 10% 11-1/4 4 41 92 17 53 123 394 108 145 133 48 34 55 47 143 147 122 1,764 1, 1977 1, 1, July 1 6-7/8 Subtotal................................. 14 14 Special assistance functions: Advances....................... ........ . Do................................... . Do................................... . Advances............ .................... . Do................................... . Do................................... . Do................................... . Do................................... . Do................................... . Do................................... . Do................................... . Do.................................... Do................................... . Do................................... . Do................................... . Do................................... . Do................................... . Do................................... . Do.................................... Do................................... . 1, 1976 do do us dates do do do do do do do do do do do do do May 23, 1978 Aug. 23, 1978 July July 1, 1981 do do Various dates do do do do do July 1, 1980 Various dates July 1, 1980 Various dates July 1, 1981 do Various dates July 1, 1982 do July 1, 1983 Jan. 1, July 1 do do do do do do do do do do do do do do do do do do do *3-1/8 3-3/8 3-7/8 7-3/4 7-1/4 7-7/8 7-3/8 7-1/2 7-5/8 8-1/8 8-3/8 6-3/4 6-7/8 6-3/8 6-1/8 7 7-1/8 8 8-5/8 9 3 6 2 375 48 447 71 503 291 322 253 50 210 23 190 61 45 5 10 1,090 Advances................................. Do................................... . Various dates do July Jan. 1, July 1 do 9 9-1/8 157 49 1, do 1983 Subtotal...... ......................... . 4,210 Total Government National Mortgage Association. 5,988 Rural Electrification Administration, act of May 20,1936, as amended: Notes of Administrator................... . Rural Telephone Bank, act of June 30, 1972: Advances............................... . Do................................... . Do................................... Do................................... Do................................... Do................................... Do.................................... Do................................... Do................................... Do................................... Do................................... Advance................................ Do................................... Advances................................ Do................................... Do................................... Do................................... Total................................ . Various dates Various dates Various dates do do do do do do do do do do Oct. 28, 1975 July 26, 1973 Various dates do do do June Interest cancelled pursuant to P.L. 93-32, approved May 11, 1973. 30, 2024 do Various dates June 30, 2024 Various dates do June 30, 2024 Various dates do do do June 30, 2025 Various dates Jan. 1, July 1 do do do do do do do do do do do do 7-1/4 7-3/8 7-1/2 7-5/8 7-7/8 8-1/8 8-3/4 8-1/2 8-1/4 8 8-3/8 8-5/8 7-3/4 5 8 10 10 30 61 12 37 48 11 54 9 24 June Jan. 1, July 1 do do do 8-7/8 9 9-1/8 9-1/4 6 53 12 4 30, 2028 do do do 33 January 1980 .FEDERAL DEBT Table FD-11. - Description o f Securities of Government Corporations and Other Business-Type Activities Held by the Treasury, December 31, 1979 Continued (In millions of dollars) Title and authorizing act Date of issue Saint Lawrence Seaway Development Corporation, act of May 13, 1954* as amended: Revenue bonds........ ................... Secretary of Agriculture, Farmers Home Admini stration: Rural housing insurance fund, act of July 15, 1949, as amended: Notes.................................. Notes................ .................. Do.................................. Do.................................. Do.................................. Advance..... ........................... Date payable Interest payable Various dates Various dates Interest cancelled pursuant to P.L. 91-469, approved Oct. 21, 1973 (84 Stat 1038) June 16, 1961 Various dates do do do Oct. 1, 1979 June 30, 1993 Various dates do do do Oct. 1, 1980 30, do do do do do Dec. 31 Principal amount Rate of interest 3-3/4 3-7/8 4 4-1/4 4-1/8 7.210 15 121 220 65 135 450 Subtotal...... ........... ............. 1,006 Agricultural Credit insurance fund, act of Aug. 14, 1946, as amended: Advances.......... ...................... Advance................................. Advance..... ............................ Advances............ .................... Do.................................. Do.................................. June 30,, 1978 June 30,, 1976 Sept. 19,, 1978 Various dates do Apr. 26,, 1979 June June June June June June 30, 30, 30, 30, 30, 30, 1983 1981 1983 1983 1984 1984 30, do do 30, do do Dec. 31 Dec. 31 8-1/8 7-3/4 8-3/8 9-3/k 9-1/8 9-1/4 350 326 100 524 200 350 Subtotal................................ . Rural development insurance fund, act of Aug. 30, 1972: Advance................................ . Advances......... ........................ Do................................. . Do..................... ............ . Advances.............. .................. . Advance.................... ............ . Do................................. . 1,850 Mar. 17, 1977 Oct. 2, 1972 Various dates do do Various dates June 30, 1979 Nov. 23, 1979 June 30,, 1996 June 30., 1993 Various dates June 30,, 1998 do June 30,, 1998 do June 30,, 1999 June June 30, 30, do do 30, do do Dec. Dec. 31 '31 Dec. 31 7-5/8 5-7/8 8-1/8 8-3/4 8-5/8 8-7/8 9-1/4 9-5/8 30 25 335 10 40 50 25 10 Subtotal................................. 525 Total, Secretary of Agriculture, Farmers Home Administration........ .......... ...... . 3,381 Secretary of Housing and Urban Development: College housing loans, act of Apr. 20, 1950 as amended: Advance................................ . Housing for the Elderly or Handicapped, act of 1959 Advances.................. .............. d p ..... !.!!!!!!.!!.!!.!!.!.!!.!!!!!!!! 1 Jan. Subtotal................................ New Communities Guarantee, Metropolitan Development, Title VII, act of Dec. 31, 1970: Advances........ ....................... Advances................................. Advances................................ Advances...... .................... . Advances................................ Advance ................................ Advance........ ....................... . Do................................. Do................................. Do................................. Do................................. Do................................. Do................................. Advances................................ Do................................. Do................................. Do.................. ............... 1979 Varioug date ! New Communities Guarantee, Metropolitan Development, Title IV, act of August 1, 1968: Advance................................ . Advances............................... . Advance............ .................... . Do........... .................... ..., Do................................. Do................................. . Do................................. Do................................. . Do................................. Do................................. 1, do Nov. 26, 1975 Various dates May 26, 1976 July 1, 1976 Various dates Jan. 1, 1977 July 1, 1977 July 1, 1978 Jan. 1, 1979 July 1, 1979 Jan 1, 1980 1, July 1 2-3/4 Oct. Oct. Oct. 1, 1992 1, 1993 1, 1994 1, Apr. 1 do do '>.42 7-1/8 8.Of July 1, 1985 Various dates July 1, 1985 July 1, 1986 do do July 1, 1987 do July 1, 1989 do July 1 do do do do do do do do do 8-1/4 7-7/8 7-3/4 8 7-1/2 7 7-3/8 8-1/2 9 9-7/8 1, Various dates do do do do do do do July 1, 1978 Apr. 4, 1978 Dec. 3, 1978 Various dates Oct. 31, 1978 Various dates do do do July 1, 1987 do Various dates July 1, 1987 do do July 1, 1988 do do Various dates do do do July July 1, July 1 8 7-7/8 7-3/4 7-1/2 7 7-1/8 7-3/8 7-5/8 8-1/2 8-1/8 8-7/8 8-5/8 8-3/8 8 23 2 83 2 2 37 46 8 * 2 2 3 July 1 9 9-1/4 9-1/8 9-3/8 19 13 1 3 do do do do do do do do do do do do 1, 1, 1988 do do 1, 1989 do do do 253 Various dates Jan. 1, July 1 6-1/4 Total, Secretary of Housing and Urban Development Secretary of the Interior: Bureau of Mines: Helium fund, act of Sept. 13, 1960: Note............................ . Do................................. Note.................................. i 45 -75 1*0 670 ■~T" * 1 * 1 * * * * 3 7 Subtotal......... ....................... Urban renewal fund, act of July 15, 1949, as amended: Note. Series URA.......................... 2.687 250 3,867 Various dates Dec. do 28, 1956 Sept. 13, 1985 do do Interest payments deferred to Sept. 13, 1985 do do 4-1/8 21 4-1/4 4-3/8 9 2 .. 34 Treasury Bulletin ________________________________ FEDERAL DEBT____________________________________ Table FD-11. - Description of Securities o f Government Corporations and Other Business-Type Activities Held by the Treasury, December 31, 1979—Continued (In millions of dollars) Title and authorizing act Date of issue Date payable Secretary of the Interior: Bureau of Mines: Helium fund, act of Sept. 13, 1960: --Continued Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Interest payable Rate of Interest Principal amount Percent Various dates do do do do do do do do do do do Apr. 10, 1970 Various dates July 28, 1972 do do do do do do do do do do do do do do do do do do do do do do do do do do do do do 4-1/2 4-5/8 4-3/4 4-7/8 5 5-1/8 5-1/4 5-3/8 5-1/2 5-5/8 6-1/4 6-5/8 6-3/4 6-1/8 6 Total..................................... IT 8 4 12 4 4 10 13 9 5 70 11 1 59 1 252 Secretary of Transportation: Rail Service Assistance, act of January 8, 1971: Apr. 20, 1978 Apr. 20, 1980 do 7 * * Regional Rail Reorganization, act of January 2, 1974: Dec. 1, 1979 Dec. 1, 1980 Maturity 12-7/8 Total..................................... Smithsonian Institution: John F. Kennedy Center parking facilities, act of Jan. 23, 1964: Revenue bonds............................. . Do.................................... -Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... 3 3 Various dates do do do do June 12, 1969 Various dates do do Dec. 31, 2017 do do Dec. 31, 2018 do do do do Various dates Dec. 31 do do do do do do do do 5-1/8 5-1/4 5-3/8 5-3/4 5-7/8 6 6-1/4 6-1/2 6-5/8 Total..................................... 4 3 1 2 4 1 1 2 2 20 Tennessee Valley Authority, act of Aug. 6, 1959: May International Communication Agency, act of Apr. 3, 1948, as amended: Note of Administrator (ECA)................... Do.................................... Do.... ............................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do..... ............... ................. Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do................................ Oct. 26, 1979 27, do do Jan. 24, do do do do do do’ do do do do Sept. 18, do Aug. 12, do do do 1948 May 26, 1980 Quarterly 10 June 30, 1986 do do do do do do do do do do do do do do do 30, 1989 do do do Anytime by agreement do do do do do do do do do do do do do do do do do do do 1-7/8 2 2-1/8 2-1/2 2-7/8 3 3-1/8 3-1/4 2-5/8 2-3/4 3-3/8 4 3-7/8 3-5/8 3-7/8 4 4 3-7/8 4-1/8 4-7/8 1949 1958 1959 June Total...................................... 150 1 1 1 1 1 3 * * * * 2 * 1 * * * 1 * 22 Veterans Administration: Veterans Direct Loan Program, act of Apr. 20, 1950, as amended: Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Do.................................... Total.................................. Various dates do do do do Dec. 31, 1956 Mar. 29, 1957 June 28, 1957 Apr. 7, 1958 Oct. 6, 1958 Various dates do do do do Feb. 5, 1960 Various dates Indef. due date$ do do do do do do do do do do do do do do do do Jan. 1, July do do do do do do do do do do do do do do do do 1 6-1/8 2-1/2 2-3/4 2-7/8 3 3-3/8 3-1/4 3-1/2 3-1/8 3-5/8 3-3/4 3-7/8 4-1/4 4-1/2 4-1/8 4-5/8 4 267 88 53 103 119 50 50 50 50 49 100 392 109 100 21 20 110 1,730 108,227 35 January 1980 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, December 31, 1979 (In millions of dollars) Amount of maturities Amount of maturities Date of final maturity 1980 Jan. Feb. Feb. Feb. Mar. Apr. Apr. May May June June July Aug. Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Nov. Dec. 31.. 15.. 15.. 29.. 31.. 1.. 30.. 15.. 31.. 30.. 30.. 31.. 15.. 15.. 31.. 30.. 30.. 1.. 31.. 15.. 15.. 30.. 31.. Description 7-1/2%-K 4% 6-1/2%-G 7-5/8%-L 7-1/2%-C 1-1/2%-EA 7-3/4%-N 6-7/8%-A 87.-P 7-5/8%-D -1/4%-Q 8-1/2%-R 9%-B 6-3/4%-H 8-3/8%-S 6-7/8%-E 8-5/8%-T 1-1/27.-E0 8-7/8%-U 3-1/2% 7-1/87.-J 9-1/4%-V 5-7/8%-F 9-7/87.-W Note Bond Note Note Note Note Note Note Note Note Note Note Note Note Note Note Note Note Note Bond Note Note Note Note Issue date 1/31/78 1/23/59 2/15/77 2/28/78 3/17/76 4/1/75 5/1/78 5/15/73 5/31/78 6/10/76 6/30/78 7/31/78 8/15/74 8/15/77 8/31/78 9/14/76 10/2/78 10/1/75 10/31/78 10/3/60 11/15/77 11/30/78 12/7/76 1/02/79 Total..... 1981 Jan. Feb. Feb. Feb. Mar. Mar. Apr. Apr. May May May June June July Aug. Aug. Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Nov. Dec. Dec. 31. 15. 15., 28., 31. 31., 1., 30., 15., 15., 31., 30., 30., 31. 15. 15. 15. 31. 30. 30. 1. 31. 15. 15. "30. 31. 31. 9-3/47.-P 7%-A 7-3/8%-C 9-3/47.-Q 6-7/87.-H 9-5/8%-R 1-1/27.-EA 9-3/4%-S 7-3/87.-D 7-1/27.-M 9-3/47.-T 6-3/47.-J 9-1/87.-U 9-3/8%-V 77. 7-5/8%-F 8-3/87.-N 9-5/8%-W 6-3/47.-K 10-1/87.-X 1-1/2%-EO 12-5/87.-Y 7-3/47.-B 77.-G 12-1/87.-Z 7-1/47.-L 11-3/87.-AB Note Note Note Note Note Note Note Note Note Note Note Note Note Note Bond Note Note Note Note Note Note Note Note Note Note Note Note 1/31/74 2/15/79 2/18/75 2/28/79 3/8/77 4/9/79 4/1/76 4/30/79 1/26/76 2/15/78 5/31/79 6/3/77 7/2/79 7/31/79 8/15/71 7/9/76 8/15/78 8/31/79 9/7/77 10/9/79 10/1/76 10/31/79 11/15/74 10/12/76 11/30/79 12/07/77 12/31/79 Bond Note 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 11/15/78 6/7/78 8/15/75 8/15/79 9/6/78 10/1/77 11/17/75 10/17/77 1/2/79 Note Note Note Note Note Bond Note Note > Note Note Note 2/17/76 3/5/79 4/1/78 4/5/78 11/15/79 5/1/53 7/2/79 10/10/79 10/1/78 11/15/76 12/31/79 Total. 1982 Feb. Feb. Mar. Apr. May May May June Aug. Aug. Sept. Oct. Nov. Nov. Dec. 15___ 15.... 31...* 1.... 15.... 15.... 15.... 30.... 15.... 15.... 30.... 1.... 15.... 15.... 31.... 6-3/8% 6-1/8%-D 7-7/8%-G 1-1/2%-EA 87.-A 7%-E 9-1/4%-K 8-1/4%-H 8-1/8%-B 97.-M 8-3/87.-J 1-1/2%-EO 7-7/8%-C 7-1/8%-F 9-3/8%-L Feb. 15.... 8%-A Mar. 31.... 9-1/4%-D Apr. 1.... 1-1/2%-EA May 15.... 7-7/8%-C May 15.... 11-5/8%-G June 15,'78-8: !3-1/4% June 30.... 8-7/8%-E Sept,. 30___ 9-3/4%-F Oct. 1.... 1-1/2%-EO Nov. 15.... 7%-B Dec. 31.... 10-1/2%-H Held by 1/ U.S. Govt, accounts and Federal Re serve banks All other investors 433 796 1,512 447 829 3,442 1,548 3,096 3,373 5,247 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 1,743 4,600 3,195 2,692 3.546 457 5,558 177 326 892 759 2,684 698 508 153 725 2,723 1,707 2,921 1,859 3,515 3,405 1,612 3.435 3,037 1,988 3,181 3 3.436 1,130 3,900 82,614 19,510 3,875 2,344 4,608 3,820 6,076 354 613 700 307 38 544 425 561 1,098 397 218 733 (*) 3,013 2,020 3.893 2.542 2,514 3,057 3,222 807 2,586 4,110 3,729 2,968 3,695 14 4,457 4,477 2.543 4.893 3,452 4,292 159 185 1,057 313 84 346 386 409 357 1,306 563 131 454 544 1,868 116 714 176 571 87.-A 3-1/47. 4-1/47. 8-1/47.-B 10-3/87.-C Note Bond Bond Note Note 2/15/78 6/3/58 4/5/60 8/15/78 12/4/79 Total.......... 4,510 (*) 2,587 2,203 2,863 All other investors (*) 69 1,249 385 2,518 954 2,478 16,091 5,631 10,460 4,203 692 979 4,837 2,538 1,503 172 347 1,624 58 2,700 520 632 3,213 2,480 13,249 3,704 9,545 5,219 9,515 1,196 1,139 1,987 864 4,080 7,528 332 7-7/87.-A 87.-B 6-1/87. Note Note Bond 5/17/76 8/16/76 11/15/71 97.-B 7-5/87.-A Note Note 2/15/79 11/15/77 6,238 2,387 8,625 2,373 8-1/47.-A 8-3/47.-B Note Note 5/15/78 11/15/78 4,148 3,445 1,751 1,138 2,397 2,307 2,889 4,704 9-1/47.-A 10-3/47.-B Note Note 5/15/79 11/15/79 2,628 2,417 459 433 2,169 1,984 3-1/27. 8-1/47. Bond Bond 2/14/58 4/7/75 63,104 2.721 1,281 3,698 2,490 2,591 2,783 11,940 1,297 2,560 2,534 2,479 1,754 2,495 2,437 780 227 462 2,122 2,510 2,743 37,613 7,842 29,771 7,958 2,930 2,138 9 5,820 2,921 142 842 218 418 351 2,431 2,775 984 2,705 2,451 1 (*) 1 1 2,309 2,692 106 156 2,203 2,536 29,207 4,380 24,827 Bond Bond 5/15/62 7/8/77 4% Bond Bond Bond Bond Bond Bond 1/17/63 1/10/73 1/6/78 8/15/73 7/11/78 10/10/78 Total.., 9% 4-1/8% 8-3/4% 10- 1/8% Bond Bond Bond Bond 1/11/79 4/18/63 7/9/79 10/18/79 Total..., 7% 3-1/2% 4,481 1,771 2,470 1,247 863 407 1,607 840 3,717 1,270 2,447 2,629 1,504 1,089 92 ,540 ,412 4,133 1,181 2,952 157 627 1,501 1,914 1,768 1,509 42 209 157 1,321 118 144 115 418 1,344 593 1,650 1,365 7,476 1,991 5,485 3,010 945 1,506 1,501 60 422 46 2,950 523 1,460 n.a. 6,962 Bond Bond 5/15/73 10/3/60 692 1,729 ,933 328 714 2,421 1999 May 15,94-99 Feb. 15.95-00 Aug. 15.95-00 7-7/8% 8-3/8% 761 Bond Bond 2/18/75 8/15/75 8/16/76 1,575 2001 Aug. 15,96-01 8% Bond 2005 May 364 1,015 1,379 5/15/74 3-1/2% Total.... 2,771 4,662 2,120 605 7,433 2,725 2,166 2,542 15,00-05 8-1/4% Bond 5/15/75 4,246 2,178 2,068 2007 Feb. 15.02-07 Nov. 15.02-07 7-5/8% 7-7/8% Bond Bond 2/15/77 11/15/77 4,249 1.495 1,562 269 2,687 1,226 2008 Aug. 15.03-08 Nov. 15.03-08 8-3/8% 8-3/4% Bond Bond 8/15/78 11/15/78 2009 May 15.04-09 Nov. 15.04-09 Source: Monthly Statement of the Public Debt of the United States, t 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. 4-1/4% 7-1/4% 6-3/4% 7-7/8% 7-1/2% 8-5/8% 8-5/8% (*) 1 1,757 616 5,045 2,854 1.835 2.836 2.229 2,430 2,711 2.836 398 2.229 2,804 3,166 2.837 3,241 14 3,913 2,609 2,427 4,179 3,276 3.721 1,450 53 1,022 115 1,164 1,092 64 (*) 8,438 15,930 68,109 (*) 2,573 3,617 1,202 3,123 2,802 Total.......... 2,654 3,002 1,620 2,636 2,583 2,902 2,737 3,205 2/15/77 4/1/79 9/5/79 8/15/72 8/15/77 U.S. Govt, accounts and Federal Re serve banks 2,888 1,082 61 270 2,747 2,613 3,556 2,594 2,918 3,587 2,501 Note Note Note Bond Note Held by 1/ Issue date (*) 81,280 2,702 2,697 2,853 Description 7-1/4%-A 1-1/27.-EA 9-1/47.-C 6-3/87. 7-1/47.-B 2 2 3,146 1,842 4,796 2,887 2,809 3,516 Date of final maturity 5,744 9-1/8% 10-3/8% Bond Bond 5/15/79 11/15/79 2,103 5,230 753 1,611 1,350 3,619 2,364 4,969 4,606 2,317 725 338 3,881 1,979 6,923 1,063 5,860 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 Apr. 5, 1976, but are treated as if they were an additional issue of Series C-1981. Less than $500,000. n.a. Not available. 36 Treasury Bulletin ^PUBLIC DEBT OPERATIONSTable POO-2. - Offerings of Bills (Amounts in millions of dollars) Description of new issue Amounts of bids accepted Maturity date Number of days to maturity 1/ Amount of bids tendered 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-Sept. Oct. Nov. Dec. 6...... f1979-Dec. 11980-Mar. 6 6 91 182 5,258.4 5.365.3 3.614.5 3.008.0 2.553.9 2.715.4 460.6 292.6 2.805.0 3.003.2 38.453.1 77,725.1r 13...... '1979-Dec. 11980-Mar. 13 13 91 182 4.496.8 4.880.4 3,007.3 3,108.8 2.454.5 2.741.7 552.7 367.1 2.902.5 3,004.5r 38.557.9 77,829.5r 20...... '1979-Dec. [1980-Mar. 20 20 91 182 4.924.4 4.520.8 3.007.7 3.107.8 2.465.5 2.705.5 542.2 402.3 2.906.5 3.008.6 38.659.1 77,928.7r 27...... fl979-Dec. 11980-Mar. 27 27 91 182 4.551.7 4.278.6 2.904.1 3.005.0 2.416.9 2,649.4 487.2 355.6 2.906.5 3.004.3 38.656.7 77,929.4r 4...... Jan. Apr. 3 3 91 182 4.212.0 4.088.8 2.896.1 3.015.2 2.456.1 2.663.9 440.0 351.3 2.903.2 3.003.6 38,649.5r 77,941.Or 11...... Jan. Apr. 10 10 91 182 3.879.6 4.784.4 2.922.5 3.019.0 2.428.1 2.602.1 *494.4 416.9 2.904.6 3,004.5 38.667.4 77,955.5r 18...... Jan. Apr. 17 17 91 182 4.413.7 5.107.5 2.906.3 3.009.1 2.906.3 2.499.9 672.9 509.2 2.903.4 3.008.1 38.670.2 77,956.5r 25...... Jan. Apr. 24 24 91 182 4.712.3 5.005.3 3.110.7 3.116.9 2.398.2 2.588.0 712.5 529.0 3.004.5 8,003.lr 4/ 38.776.4 78,072.3r 1...... Jan. May 31 1 91 182 4.875.9 5.879.1 3.113.9 3.113.0 2.338.4 2.576.5 775.5 536.5 3.006.3 3,112.9 38,884.1 78,072.5r 8 ...... Feb. May 7 8 91 182 4.560.5 5.155.9 3.108.1 3.107.3 2.477.5 2.611.0 630.6 496.2 3.007.1 3,0l5.8r 38.985.0 78,164.Or 15...... Feb. May 14 15 91 182 4.398.8 5.067.1 3.112.5 3.112.2 2.551.7 2.677.3 560.8 434.9 3.006.4 5,327.lr 5/ 39.091.1 78,274.2r 23...... Feb. Ma> 21 22 90 181 5.063.4 5.206.4 3.113.5 3.099.2 2.490.2 2.641.7 623.3 457.6 2.993.7 2.903.7 39.210.9 78,469.7r 29...... Feb. May 28 29 91 182 3.743.9 4.323.9 3.209.9 3.214.9 2.752.6 2.847.4 457.2 367.5 2.993.8 2,'914*3r 39.427.0 78.770.3 6..... . Mar. June 6 5 91 182 4.962.1 4.968.6 3.211.1 3.212.1 2.736.4 2.798.3 474.7 413.8 3.014.5 2.804.3 39.623.5 79.178.1 13...... Mar. June 13 12 91 182 6.748.6 5.461.2 3.212.2 3.225.0 2,608.X 2.781.0 603.5 444.0 3.007.3 2.988.2 39.828.4 79.414.9 i Mar. June 20 19 91 182 5.274.5 5.556.1 3.210.8 3,211.7 2.652.2 3.571.5 558.6 359.8 3.007.7 2.901.2 40.031.5 79.725.3 I i Mar. June 27 26 91 182 5.888.7 5.038.7 3.227.2 3.219.6 2.756.2 2.939.9 471.1 279.8 2,904*1 3.002.7 40.354.7 79.942.3 20...... 27...... 1978-Dec. 12...... Dec. 11 364 6.759.5 ‘4*027*7 3.921.8 105.9 3,838.0 43.086.5 1979-Jan. Feb. Mar. Apr. May HayJune 9...... 6...... 6...... 5...... 1...... 29...... 26...... I960-Jan. Feb. Mar. Apr. Apr. May June 8 5 4 29 27 24 364 364 364 362 364 364 364 5.851.9 4.989.3 7,048.6r 6.967.8 6.516.2 4.127.8 4.961.2 3.704.9 3,543.4r 3,325.8r 3.342.5 3,019.7r 2.756.1 2.785.7 3.520.2 3.379.2 3.182.2 3.146.8 2.903.1 2.496.0 2.667.8 184.8r 164.2r 142.0 195.7 122.5 260.1 118.0 3.204.8 3.252.7 3.320.9 3.346.0 3,024.4 2.478.2 2.783.7 43.586.6 43.877.4 43,882.3 43.878.9 43,874.2r 44,152.1r 44,154.lr 22 19 16 14 6 4 364 364 364 364 359 359 5.208.0 5.733.7 5.755.9 5.378.7 6.203.0 8.110.3 3.385.7 3.543.3 3.555.2 3.450.6 3,898.0 4.038.7 3.267.5 3.442.7 3.434.7 3.348.1 3.530.6 3,881.0 118.2 100.5 120.5 102.5 367.5 157.8 3.379.7 3.543.9 3.353.1 3.474.3 3.895.8 4.028.9 44,160.Or 44,159.4r 44,361.5r 44,337.8r 44,340.Or 44.349.9 24 167 143 157 3.160.0 5,631.2 6.266.0 2 , 001.6 3,000.4 2,324.9 July Aug. Sept. Oct. Nov. Dec. 24....... 21...... 18...... 16...... 13...... 11....... July Aug. Sept. Oct. Nov. Dec. 1 Cash management: 1979-Nov. Dec. 9...... 3...... 10...... Footnotes at end.of Table. 1960-Apr. May 15 January 1980 37 .PUBLIC DEBT OPERATIONS. Table PDO-2* - Offerings of Bills—Continued On total bids accepted On competitive bids accepted Equivalent average rate 6/ Average price Issue date High Price per hundred Regular weekly: 1979-Sept. 6.... Equivalent rate 6/ Price per hundred Equivalent rate f \ 97.509 95.058 9.854 9.775 97.514 95.066 7/ ” 9.835 9.760 97.506 95.056 9.866 9.779 13. / \ 97.338 94.796 10.531 10.294 97.350 94.814 8/ 9/ 10.484 10.258 97.328 94.788 10.571 10.309 . / \ 97.383 94.785 10.353 10.315 97.397 94.794 10/ 10.298 10.298 97.376 94.764 10.381 10.357 27. / t 97.475 94.887 9.990 10.114 97.481 94.908 11/ 12/ 9.965 10.072 97.470 94.869 10.009 10.149 4. / t 97.393 94.779 10.313 10.328 97.418 94.806 13/ 10.215 10.274 97.379 94.742 10.369 10.400 / t 97.268 94.610 10.809 10.661 97.308 94.629 14/ 15/ 10.650 10.624 97.240 94.592 10.919 10.697 11.836 11.716 97.069 94.105 16/ 11.595 11.660 96.983 94.053 11.935 11.763 96.758 93.620 17/ 18/ 12.825 12.620 96.701 93.590 13.051 12.679 12.256 12.193 96.920 93.847 19/ J 12.185 12.171 96.892 93.828 12.295 12.208 12.098 12.086 96.954 93.902 12.050 12.062 96.930 93.886 12.145 12.094 11.900 11.836 96.940 93.938 12.105 11.991 11.896 12.015 97.005 93.940 11.980 12.053 10.847 10.942 97.168 94.379 11.204 11.118 20 Oct. Low J / 97.008 \ 94.077 / 96.731 \ 93.604 25. ’ / 96.902 \ 93.836 Nqy. / 96.942 \ 93.890 ; 12.932 12.652 ‘ / \ 96.960 93.961 12.027 11.945 96.992 94.016 I \ 97.014 93.949 11.944 12.035 97.026 93.959 f \ 97.215 94.428 11.017 11.022 97.258 94.465 96.985 94.051 11.928 11.767 97.014 94.080 21/ 11.813 11.710 96.966 94.037 12.003 11.795 f V 96.953 94.050 12.054 11.769 96.958 94.065 22/ 12.034 11.740 96.951 94.041 12.062 11.787 f \ 96.909 93.934 12.228 11.999 96.931 93.953 12.141 11.961 96.900 93.919 12.264 12.028 f \ 96.948 94.007 12.074 11.854 96.956 94.034 12.042 11.801 96.939 93.984 12.109 11.900 90.576 9.320 90.587 23/ 9.310 90.569 9.327 9.605 9.348 ft.485 9.230 9.235 9.153 8.829 90.313 90.595 90.415 90.719 90.698 90.782 91.086 24/ June 90.288 90.548 90.410 90.719 90.662 90.745 91.073 9.581 9.302 9.480 9.230 9.200 9.117 8.816 90.261 90.515 90.401 90.719 90.652 90.727 91.063 9.632 9.381 9.494 9.230 9.245 9.171 8.839 July 24. Aug. Sept.18. Oct. Nov. Dec. 91.005 90.709 89.997 88.364 88.223 89.212 8.896 9.189 9.893 11.508 11.810 10.818 91.027 90.758 90.032 88.382 88.236 89.258 28/ 8.874 9.140 9.858 11.490 11.797 10.772 90.978 90.688 89.980 88.339 88.217 89.198 94.163 95.374 94.881 12.583 11.646 11.738 94.185 95.405 94.885 12.535 11.568 11.729 94.132 95.357 94.872 • Dec. 52-weeks: 1978-Dec. 1979-Jan. Feb. Mar. Apr. May Cash management: 1979-Nov. 9... Dec. 3... Dec. 10... F I Source: Monthly Statement of the Public Debt of the United States and allotments. 1/ The 13-week bills represent additional issues of bills with an ~ original maturity of 26 weeks. 2/ For bills issued on or after May 2, 1974 includes amounts exchanged on a noncompetitive basis by Government accounts and Federal Reserve banks. 17/ 3/ For 13-weeks bill 26-week tender for $500,000 or less from any one bidder are accepted in full at average prices or accepted competitive bids; for other issues, the corresponding amount is stipulated in each offering announcement. 4/ Includes maturing cash management bills issued Nov. 9, 1979 and Dec. 3, 1979. 5/ Includes’maturing cash management bills issued Dec. 10, 1979. 6/ Bank discount basis. If Except $50,000 at 97.550. 8/ Except $10,000 at 95.275. 9/ Except $3,000,000 at 95.288. 10/ Except $5,000,000 at 95.297, $5,000,000 at 95.269, $5,000,000 at — 95.259,$15,000 at 95.826 and $145,000 at 94.797. It/ 12/ 13/ 14/ 15/ 16/ 20/ 25/ 26/ 27/ 29/ | * : : 8.923 9.210 9.910 11.533 11.816 10.832 12.650 11.689 11.758 Except $2,610,000 at 97.490. Except $800,000 at 94.942 and $150,000 at 94.914. Except $100,000 at 97.441. Except $640,000 at 97.540 and $620,000 at 97.447. Except $10,000 at 94.779 and $700,000 at 94.641. Except $175,000 at 94.111 and $30,000 at 94.110. Except $75,000 at 96.966, $100,000 at 96.894 and $15,000 at 96.883. 18/ Except $20,000 at 94.050. 19/ Except $85,000 at 96.991. 20/ Except $525,000 at 93.968. 21/ Except $20,000 at 97.219 and $845,000 ay 97.022. 22f Except $700,000 at 96.966. 23/ Except $1,000,000 at 91.745, $1,000,000 at 91.745 and $1,000,000 at 91.738, 24/ Except $620,000 at 91.000. 25/ Except $815,000 at 90.400 and $100,000 at 90.336. 26/ Except $500,000 at 90.415. 27/ Except $500,000 at 90.823. 28/ Except $2,000,000 at 91.071 and $500,000 at 91.048. 29/ Except $665,000 at 89.282. "7 Revised. Treasury Bulletin 38 .PUBLIC DEBT OPERATIONSL Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills - f (Dollar amounts in millions) Description of issue Issue date 1979-Feb Mar. Apr. May June Aug. Sept. Nov. Average rate of bids accepted 1/ (Percent) New money increase, or decrease (-) p.979-May Aug. 24 23 91 182 5,578r 5,607r 3,007 3,015 9.292 9.370 -185 i May Aug. 31 30 91 182 4,957 6,209 3,006 3,007 9.451 9.499 -195 8 June Sept. 7 6 91 182 5,097 5,680r 2,932 3,003 9.364 9.415 -175r 15, June Sept. 14 13 91 182 5,265' 4,994 3,005 3,005r 9.474 9.457 -191r 22, June Sept. 21 20 91 182 5,134 5,892 2,904 3,009 9.498 9.482 -202 29, June Sept. 28 27 91 182 5,369 5,120 3,006r 3,004 9.498 9.437 -196 5, July Oct. 5 4 91 182 5,928 7,727 2,999 3,004 9.594 9.497 -211 12, July Oct. 12 11 91 182 4,976 6,319 3,011 3,004r 9.648 9.572 -200 19, July Oct. 19 18 91 182 5,907 5,673 3,005 3,008 9.613 9.627 -192r 26, July Oct. 26 25 91 182 7,796 5,848 3,010 3,001 9.115 9.295 -182r 3, Aug. Nov. 2 6,789 6,073 9.499 9.570 10. Aug. Nov. 9 8 91 182 5,765 5,280 9.621 9.617 -195r 17. Aug. Nov. 16 15 91 182 4,980 5,359 3,007 3,113 3,011r 3,016r 3,002 3,002 -189 1 91 182 9.507 9.459 -217 24, Aug. Nov. 23 23 91 183 4,148 5,428 2,803 2,904 9.743 9.602 -205 31, Aug. Nov. 30 29 91 182 4,368 4,615 -189r 7. 6 6 91 182 5,594 5,612 16. 15 14 91 182 4,334 4,965 9,554 9,425 9.495 9.480 -225 Nov. 1980-Feb. 2,806 2,914r 2,805 2,804 3,006 3,004 9.525 9.409 Sept. Dec. 23, [1979-Nov. 11980-Feb. 23 21 92 182 5,104 5,485 2,994 3,006 9.598 9.504 182 30. [1979-Nov. ^1980-Feb. 29 28 91 182 4,612 5,293 2,994 2,998 9.680 9.654 179 6. (l979-Dec. 11980-Mar. ^979-Dec. [1980-Mar. 6 6 91 182 5,258 5,365 3,015 3,008 9.854 9.775 214 13 13 91 182 4,497 4,880 3,007 3,109 10,531 10,293 213 20. [1979-Dec. [1980-Mar. 20 20 91 182 4,924 4,521 3,008 3,108 10,353 10,315 200 4. Jan. Apr. 3 3 91 182 11. 10 10 91 182 4,212 4,089 3,880 4,784 18. Jan. Apr. 17 17 91 182 4,414 5,107 25. Jan. Apr. 24 24 91 182 4,712 5,005 2,896 3,015 2,922 3,019 2,906 3,009 3,111 3,117 10,313 10.328 10.809 10,661 11,836 11.716 12,932 12,652 -492 Jan. Apr. 1. Jan. May 31 3,114 3,113 8. Feb. May Feb. May 14 15 91 182 91 182 4,876 5,879 4,561 5,156 4,399 5,067 3,113 3,112 12,256 12.193 12.098 12.086 12.027 11.945 108 1 91 182 5,063 5,206 3,113 3,099 11.944 12.035 315 524 15. 23. 90 181 FeK May 3,108 3,107 102 -471 -484 -171 204 216 Feb. May 28 29 91 182 3,744 4,324 3,210 3,215 11.018 11,022 Mar. June 6 5 91 182 4,962 4,969 3,211 3,212 11.928 11.767 604 13. Mar. June 13 12 91 182 6,749 5,461 3,212 3,225 12.054 11,769 442 20. Mar. June 20 19 91 182 5,274 5,556 3,211 3,212 12,228 11.999 514 27. Mar. June 27 26 91 182 5,889 5,039 3,227 3,220 12.074 11.854 540 29. Dec Amount of bids accepted 22 13. Oct. Number of days to maturity Maturity date Amount of bids tendered 6, Source. See Table PD0-2. 1/ Equivalent average rate on bank discount basis, r Revised. 39 January 1980 PUBLIC DEBT OPERATIONS Table PDO-4. - O fferings o f P ublic Marketable Securities Other than Regular W eekly Treasury Bills (Dollar amounts in millions) Date subscrip tion books closed or tenders re ceived Issue date Description of securities 1/ 1/7/76 1/13/76 1/14/76 2/3/76 2/4/76 2/5/76 2/5/76 1/13/76 1/26/76 2/2/76 2/L7/76 2/10/76 2/17/76 2/L7/76 5.578# 7-3/8% « / 8# 8% 5.572# 7# 8-1/4# Bill Note Note Note Bill Note Bond 2/20/76 3/3/76 3/5/76 3/18/76 6/ 3/24/76 3/29/76 3/3/76 3/9/76 3/17/76 3/31/76 4/1/76 4/5/76 4/6/76 6-5/8# Note Bill Note Note Note Note Bill 4/29/76 5/4/76 5/5/76 5/7/76 5/4/76 5A7/76 5/17/76 5/17/76 5/19/76 5/26/76 6/7/76 6/3/76 6. 010# 7-1/2# 6-3/4# 1-1/2# 7-3/8# 5.781# 1/11/77 5/15/81-D 1/31/78-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 7-7/8# 7-7/8# Bill Note Note Bond 5/3/77 4/30/78-L 5/15/86-A 1/ 2A5/95-200Q-Reopening 6/1/76 6/1/76 6/8/76 6/10/76 7-1/8# 6.309# 5.520# 7-5/8# Note Bill Bill Note 5/31/78-M 5/31/77 6/17/76-Reopening 6/30/80-D 6/23/76 6/21/76 6/29/76 6/29/76 6/30/76 7/9/76 6.081# 6-7/8# 7-5/8# Bill Note Note 6/28/77 6/30/78-N 8/15/81-F 7/21/76 7/20/76 8/3/76 8/4/76 8/6/76 8/18/76 7/27/76 7/30/76 8/16/76 8/16/76 8/16/76 8/24/76 5.739# 6-7/8# 6-7/8# 8# 8# 5.634# Bill Note Note Note Bond Bill 7/26/77 7/31/78-P 8/15/79-J 8/15/86-B 1/ 8/15/1996-2001 8/23/77 8/31/76 9/14/76 10/1/76 9/21/76 9/30/76 10/12/76 6-5/8# 6-7/8# 1-1/2# 5.561# 6-1/4# 7# Note Note Note Bill Note Note 8/31/78-Q 9/30/80-E 10/1/81-E0 9/20/77 9/30/78-R 11/15/81-G 10/13/76 10/21/76 11/3/76 11/4/76 11/5/76 11/9/76 10/19/76 11/1/76 11/15/76 11/15/76 11/15/76 11/15/76 5.126# 5-7/8# 6-1/4# 7# 7-7/8# 5.201# Bill Note Note Note Bond Bill 10/18/77 10/31/78-S 11/15/79-K 11/15/83-B 2/15/95-2000-Reopening 11/15/77 11/18/76 11/30/76 12/7/76 12/8/76 12/20/76 12/28/76 1/05/77 1/19/77 2/01/77 2/02/77 2/03/77 2/04/77 11/30/76 12/7/76 12/10/76 12A4/76 12/31/76 1/06/77 1/11/77 2/03/77 2/15/77 2/08/77 2A5/77 2/15/77 8/19/76 8/31/76 6/ 9/15/76 9/21/76 9/28/76 2/17/77 2/23/77 3/2/77 3/22/77 3/29/77 3/30/77 6/ 4/1/77 4/19/77 4/27/77 5/3/77 5/4/77 2/28/77 3/8/77 3/8/77 3/31/77 4/4/77 4/5/77 4/1/77 4/6/77 5/2/77 5/3/77 5/16/77 5/16/77 5.645# 6-1/2# 5-7/ 4 .448$ 4.708# 5-1/4# 6-1/8# 4.728# 5-7/8# 6-1/2# 5.345# 7-1/4# 7-5/8# 5-7/8# 6-7/8# 5.226# 6# 7# 5.158# 1- 1/2# 4.632# 5-7/8# 5.163# 7-5/8# 5/L8/77 5/24/77 5/25/77 5/31/77 6/3/77 5/31/77 6-1/8# 6/03/77 6/21/77 6/22/77 6/28/77 Note Note Bill Bill Note Note Bill Note Note Bill Note Bond Note Note Bill Note Note Bill Note Bill Note Bill Note Bond I2/31/8O-F 4/21/77-Reopening 12A3/77 12/31/78-U 2/15/82-D 1/10/78 1/31/79-L 2/15/8O-G 2/07/78 2A5/84-A 2/15/2002-07 2/28/79-M 3/31/81-H 3/7/78 3/31/79-N 5/15/82-E 4/4/78 4/1/82-EA 4/21/77-Reopening 4/30/79-P 5/2/78 2A5/84-A-Reopening 2/15/2002-2007-Reopen 6-3/4# 5.403# Note Note Bill 5/31/79-Q 6/30/81-J 5/30/78 6/07/77 6/30/77 6/28/777/08/77 5.240# 6-1/8# 5.408# 7-1/4# Bill Note Bill Bond 6/16/77-Reopening 6/30/79-R 6/27/78 8/15/92 7/19/77 7/20/77 8/01/77 7/26/77 6-I/4# 5.647# Note Bill 7/31/79-S 7/25/78 8/02/77 8/03/77 8/04/77 8/17/77 8/15/77 8/15/77 8/15/77 8/23/77 6-3/4# Note Note Bond Bill 7-1/4# 7-5/8# 6.105# 8/15/80-H 8/15/84-B 2/15/2002-07-Reopening 8/22/78 Period to final maturity (years, months, 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 lOy 25y 364d 2y 4y 5y 364d 2y 5y 364d 2y 3y 7y 23y 3m 365d 2y 4y lm 132d 364d 2y 5y lm 364d 2y 3y 364d 7y 30y 2y 4y lm 364d 2y 5y lm 364d Amount of subscriptionsj tendered Cash Exchange 4,901 3,328 3,603 29,211 4,913 4,481 712 4,959 5,666 5,507 4,851 _ 5,180 6,046 5,6 6 8 . 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 15d 364d 6y 9m ; 29y 9m 2y 4y lm 364d 9d 2y 364# 15y lm 1,939 - 1,600 215 - 97 * _ 300 472 117 9,460 4,900 5,478 3,699 - 326 . - - 252 - 1 ,300 - 881 391 150 - 523 - 2,977 2,855 2,289 8,039 983 2,953 190 _ 264 - 1,898 2,514 2.454 2,002 2,044 2,253 1,504 *5/ - 1,600 215 - 97 * 300 472 117 10/ 11/ 12/ 12/ !£/ 15/ 16/ 1Z/ 12/ 82 692 700 1,476 592 - 12 / 54 14 22/ 28/ 20/ 21/ 22/ 22/ 25/ 26/ - 326 - 136 - - 1,939 2,805 2,692 2,005 3,505 3,124 2,697 3,071 2,855 3,308 3.105 2,024 752 4,506 1,882 2,966 2,909 1,003 2,623 900 _ 98 70 50 2,695 2,809 3,208 2,995 2,613 3,342 Allot ment ratio - 3,095 2,822 3,306 2,259 1,001 3,402 1 - 22/ 20/ il/ 22/ i2/ 24/ - 252 iZ/ - 28/ 1 ,300 40/ 12/ - 881 391 A/ 42/ 150 42/ &/ - 523 - &/ 46/ 1 - 110 m/ - 2,623 900 190 - W 42 10/ 11 / - 264 12/ - - 52/ 65 54/ - 3,115 3,038 425 300 199 - 3,708 2,563 1,003 3,005 425 300 199 - 65 364d 364d 7,968 5'041 2,143 6,144 3y 7y 29y 6m 2,612 2,638 2,586 - 110 4,706 5,901 2y 3,335 2,274 4,747 750 2,895 2,141 2,917 2 ,868 2,543 136 4,223 4,777 4,971 2,628 3,105 2,069 3,066 2,628 3,203 54 14 4,090 5,621 4,700 6,940 6,596 5,318 7,053 5,874 6,190 5,909 4,778 2,352 14,940 3,239 6,196 6,160 2,676 3,069 2 ,020. 2,508 6,019 2,930 3,092 402 2,485 2,921 2,010 2,185 _ 98 70 50 6,477 5,070 6,265 4,789 3,917 6,986 In exchange V For cash 82 _ 692 _ 700 1,476 592 - 5,219 4,324 5,691 6,469 1,545 5,376 - 5y 2y _ - Amount issued 2/ - 2! 52/ 40 Treasury Bulletin PUBLIC DEBT OPERATIONS________________ Table PDO-4. - Offerings of Public Marketable Securities Other than Regular Weekly Treasury Bills-Continued Date subscrip tion books closed or tenders re ceived 8/23/77 8/30/77 Description of securities 1/ Issue date 6-5/8% 6-3/4% Note Note 9/01/77 9/06/77 9/14/77 9/21/77 6/ 10/5/77 10/12/77 10/18/77 10/28/77 9/20/77 9/30/77 10/1/77 10/17/77 10/18/77 10/31/77 11/15/77 5.760% 5.760% 6.156% 6-5/8% 1-1/2% 7-1/8% 6.619% 7-1/4% 7-1/8% Bill Bill Bill Note Note Note Bill Note Note 11/1/77 11/2/77 11/4/77 11/9/77 11/22/77 11/29/77 11/30/77 11/15/77 11/15/77 11/7/77 11/15/77 11/30/77 12/2/77 12/7/77 7-5/8% 7-7/8% 6.390% 6.542% 7.1/8% 6.273% 7-1/4% Note Bond Bill Bill Note Bill Note 12/7/77 12/21/77 12/27/77 12/13/77 1/3/78 1/6/78 6.545% 7-1/8% 7-7/8% Bill Note Bond 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 2/01/78 2/01/78 2/02/78 2/16/78 2/22/78 2/07/78 2/15/78 2/15/78 2/28/78 3/6/78 6.814% 8% 8-1/4% 7-5/8% 7-7/8% Bill Note Bond Note Note 3/1/78 3/3/78 3/22/78 6/ 3/28/78 3/29/78 3/30/78 3/7/78 3/8/78 3/31/78 4/1/78 4/5/78 4/4/78 4/3/78 6.859% 6.346% 7-12% 1-1/2% 7-7/8% 6.877% 6.645% Bill Bill Note Note Note Bill Bill 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 5/23/78 5/24/78 5/31/78 6/1/78 6/20/78 6/21/78 6/28/78 5/15/78 5/15/78 5/31/78 5/30/78 6/7/78 6/2/78 6/30/78 6/27/78 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 Note Bill Bond 7/19/78 7/20/78 7/25/78 7/31/78 7.820% 8-1/2% Bill Note 8/1/78 8/2/78 8/3/78 8/16/78 8/23/78 8/29/78 8/15/78 8/15/78 8/15/78 8/22/78 8/31/78 9/6/78 8-3/8% 8-1/4% 8-3/8% 7.875% 8-3/8% 8-3/8% Note Note Bond Bill Note Note 9/13/78 9/20/78 9/27/78 6/ 10/12/78 10/24/78 10/31/78 11/2/78 11/3/78 11/8/78 11/21/78 12/6/78 9/19/78 10/2/78 10/10/78 10/1/78 7.954% 8-5/8% 8-5/8% 1-1/2% Bill Note Bond Note 10/17/78 10/31/78 11/15/78 11/15/78 11/15/78 11/14/78 11/30/78 12/12/78 8.272% 8-7/8% 9-1/% 8-3/4% 8-3/4% 9.313% 9-1/4% 9.320% Bill Note Note Note Bond Bill Note Bill 1/31/79 2/6/79 2/7/79 2/21/79 2/27/79 2/27/79 ?/?8/79 6/ 4/3/79 4/3/79 4/4/79 4/5/79 Amount of sub scriptions tendered Cash 8/31/77 9/07/77 12/19/78 12/20/78 1/3/79 1/4/79 1/23/79 Period to final maturity (years, mernths, days) 2 / _ _ _ - 1/2/79 1/2/79 1/9/79 1/11/79 1/31/79 9-7/8% Note 9-3/8% Note 9.605% Bill 9% Bond 9-3/4% Note 2/6/79 2/15/79 2/15/79 2/28/79 3/5/79 3/2/79 3/6/79 4/1/79 9.348% Bill 9% Note 8-3/4% Bond 9-3/4% Note 9-1/4% Note 9.698% Bill 9.485% Bill 1-1/2% Note - 9.861% 9.912% 9.230% 9.616% -* ‘ 4/3/79 4/4/79 4/5/79 4/6/79 Bill Bill Bill Bill - 8/31/79-T 9/30/81-K 9/15/’’7-Reopening 9/22/77 -Reopening 9/19/78 9/30/79-U lO/l/82-EO 11/15/82-F 10/17/78 10/31/79-V 11/15/80-J 11/15/87-A 11/15/2002-07 11/15/77-Reopening 11/14/78 11/30/79-W 4/20/78-Reopening 12/31/81-L 12/12/78 12/31/79-X 2/15/93 7,009 5,148 2y 4y lm 9d 16d 364d 2y 5y 5y lm 364d 2y 3y 10y 30y 8d 364 2y 139d 4y lm 364d 2y 15y lm 6,116 3,977 6,843 9,297 4,266 2,922 6,416 5,693 8,724 7,406 5,423 2y 5/15/88-A 8/15/95-00-Reopening 5/31/80-P 5/29/79 6/30/82-H 6/22/78-Reopening 6/30/80-Q 6/26/79 8/15/93 lOy 22y 3m 2y 7/24/79 7/31/80-R 8/15/81-N 8/15/85-B 8/15/2003-08 8/21/79 8/31/80-S 9/30/82-J 9/18/79 9/30/80-T 11/15/93 10/1/83-E0 10/16/79 10/31/80-U 5/15/82-K 11/15/88-B 11/15/2003-2008 11/13/79 11/30/80-V 12/11/79 12/31/80-W 12/31/82-L 1/8/80 2/15/94 1/31/81-P 2/5/80 2/15/87-B 12/15/2003-08-Reopening 2/28/81-Q 3/31/83-D 4/19/79-Reopening 3/4/80 4/1/84-EA 4/26/79-R«opening 4/19/79-Reopening 4/1/80 6/21/79-Reopening 364d 364d 4y 20d 2y 364d 15y lm 364d 2y 3y 7y 30y 364d 2y 4y lm 364d 2y 15y lm 5y 364d 2y 3y6m lOy 30y 364d 2y 364d 2y 4y 364d 15y lm 2y 62/ 63/ 64/ 65/ 2,752 3,025 428 - 78/ 5,063 3,102 5,815 5,767 5,063 12,285 4,902. 4,436 4,142 1,600 895 177 794 - 2,548 1,502 ' 2,921 2,478 2,594 6,005 3,613 2,784 1,768 1,600 895 177 . 794 - 79/ 80/ 81/ 4,951 5,032 _ 375 5,471 4,151 2,591 *,626 6,183 4,127 1,200 1,434 600 _ 200 _ 511 1 _ 203 978 931 678 _ 250 - 6,370 5,165 2,485 5,738 4,547 7,098 3,175 4,877 6,134 5,006 6,578 5,366 5,912 5,356 3,262 4,044p 48d 364d 4,708 5,238 4,306 4,604p 6,767 9*245 7.049 23d 15d 362d 76d 15,073 9,465 6,969p 8,106 364d 8y 29y 9m 2y 4y lm 218 625 60/ 428 - 5,521 4,859 3,381 5,245 5,817 4/30/80-N 5/1/79 58/ 59/ 5,349 4,641 7y 27y 3m 2y 4y lm 5y 450 437 . _ 151 _ 931 800 368 - • * _ _ - 2,014 1,255 2,505 3,587 4,680 3,004 3/452 123 90 1 - 3,321 3,B0* 3,695 2,573 3,346 6,006 2/6/79 2/15/85-A 5/15/2000-05 2/29/80-L 3/31/82-G 364d 24d 901 903 3,036 3,771 « 2,737 3,162 4,116 3,975 Allot ment ratio 5,592 7,284 6,137 5,604 6^,056 10,867 5,826 4,245 2,967 5,481 6,683 5,444 364d 43d 218 625 3,359 2,968 In exchange y 373 240 112 328 272 1,000 1,200 771 53 . 312 * - 2y 3y 3m 2y 5y 5y lm 123 •» 90 1 - For cash 373 240 112 _ 328 272 1,000 1,200 771 53 312 * - 1/09/79 1/31/80-K 5/15/81-M 3/6/79 4/20/78-Reopening 3/31/80-C-Reopening 4/1/83-EA 5/15/83-C 4/3/79 4/27/78-Reopening 364d 4,316 5,278 5,117 6,116 Exchange Amount issued _3/ 3,383 3,592 1,501 3,205 3,603 2,890 3,253 3,003 1,254 3,767 2,835 3,380 3,789'. _ 375 66/ 67/ 68/ 69/ 70/ 71/ 72/ 73/ 74/ 75/ 76/ 21/ 82/ 83/ 84/ 85/ 1,200 1,434 600 _ 200 _ 511 _ 1 _ 203 978 931 678 86/ 87/ 88/ 250 - iZ/ 3,096 2,768 3,705 1,509 2,936p 450 437 _ _ 151 98/ 99/ 3,543 2,278 2,002 2,482p 2,930 4,001 3,326 - 931 800 368 _ * 6,005 4,001 3,344p 3,001 - 2,910 3,403 1,503 3,589 3,345 2,501 3,353 3,195 1,509 3,474 3,790 3,556 2,514 1,752 3,896 2,945 4,029 89/ 90/ 91/ 92/ 93/ 94/ 95/ 96/ 100/ 101/ 102/ 103/ 104/ 105/ January 1980 41 ___________________ ________________ ___PUBLIC DEBT OPERATIONS,--------------------------------------*-----------—------ Table PDO-4. • Offerings of Public Marketable Securities Other than Regular Weekly Treasury Bill*—Continued (Dollar Amounts in millions) Date subscrip tion books closed or tenders re ceived Description of securities 1/ Issue date Amount issued 3/ Amount of s*UD* scriptions tendered 9-5/8% Note Bond 97. 9-3/4% Note 9.235% Bill 9-1/4% Note 9-1/8% Bond. 3/-31/7-9- 9"3/4% 9.153% Bill 5/29/79 6/4/79 10.056% Bill 6/5/79 10.080% Bill 4/9/79 4/18/79 4/30/79 5/1/79 5/15/79 5/15/79 6/19/79 6/20/79 6/21/79 6/27/79 7/2/79 6/26/79 7/2/79 7/9/79 - - - - 7/18/79 7/24/79 7/31/79 7/24/79 7/31/79 8/15/79 8.896% 9-3/8% 9% Bill Note Note 8/01/79 8/02/79 8/15/79 8/15/79 9% 9-1/8% Note Bond 8/15/79 8/22/79 8/28/79 8/30/79 •6/21/79 9.189% 8/31/79 9-5/8% 9/5/79 9-1/4% 9/4/79 10.286% Bill Note Note Bill 9/12/79 10/3/79 10/4/79 9/18/79 9.893% 10/9/79 10-1/8% 10/10/79 9-3/4% Bill Note Note _ - 10/10/79 10/11/79 10/23/79 10/30/79 10/31/79 11/1/79 11/7/79 11/7/79 11/21/79 11/27/79 11/28/79 10/16/79 10/18/79 10/31/79 11/15/79 11/15/79 11/15/79 11/9/79 11/13/79 11/30/79 12/4/79 12/3/79 11.508% 10-1/8% 12-5/8% 11-5/8% 10-3/4% 10-3/8% 12.583% 11.810% 12-1/8% 10-3/8% 11.646% Bill Bond Note Note Note Bond Bill Bill Note Note Bill - 12/5/79 12/6/79 12/19/79 12/20/79 12/11/79 12/10/79 12/31/79 12/31/79 10.818% 11.738% 11-3/8% 10*1/2% Bill Bill Note Wots - 1/8/80 11.040% 1/10/80 10-1/2% Bill Bond “ 9-1/8% 8.829% 8-7/8% 8-3/4% Note Bill Note Bond Footnotes on following page. - 3/31/81-R 2/15/94-Reopening 4/30/81-S 4/29/80 5/15/89-A 5/15/2004-09 5/31/ais.T 5/27/80 6/19/79 6/21/79-Reopening 2y 14y 2y 364d lOy 30y 364d 15d 16d 6/30/81-U 6/24/80 6/30/83-E 8/15/94 4y 15y 7/22/80 7/31/81-V 8/15/82-M 2y 3y 2/I5/87-B-Reopening 5/15/2004-09-Reopening 7y 29y 8/19/80 8/31/81-W 5/15/84-C 9/18/79-Reopening 2y 4y 10/14/80 11/15/94 10/31/81-Y 5/15/83-G 11/15/89-B 11/15/2004-09 4/24/80 11/6/80 11/30/81-2 5/15/85-C 4/24/80 9/16/80 9/30/81-X 9/30/83-F 12/4/80 5/15/80 12/31/81-AB 12/31/83-tT* 1/2/81 2/15/95 10m 2y 364d lm 364d 6m 9m 8m 14d 364d 2y 4y 364d lm 6na 167d 359d 2y 5y 6m 143d 359d 157d 2y 4y 360d 15y lm 5,761p 4,956p 4,302p 2,784p 5,202p 4,669p 6,725p 5,367p 3,137p 364d 15y 2y 3y 10y 30y 5,951p 2,649p 5,501p 6,512p 6,233p 4,837p 4 t754p 4,609p 9,244p 9j 966p 5,731p 6,975p 5,308p 6,083 5,751p 5,595p 4,457p 6,399p 2,514p 6,775p 6,851p 3,418p 3,280p 3,160p 6,195p 7,556p 3,512p 5,632p 8,105p 6,266p 8,204p 4,118p 6,322p 3,724p For cash Exchange Cash 4/5/79 4/10/79 4/24/79 4/25/79 5/1/79 5/2/79 5/22/79 5/23/79 5/31/79 6/4/79 1/2/80 1/3/80 Period to final maturity (years, mo days) ,2/ . 640 159 “ 350 200 139- - 2,890p l,500p 2,812p 3,022p 2,255p 2,005p ?»?6Qp 2,750p 5,010p 4,517p 250 246 “ 170 775 2,753p 2,781p 2,838p l,501p 500 396 456 _ 2,504p 2,000p _ _ _ _ _ _ _ _ . _ - _ “ “ 3,380p 3,001p 2,753p 3,541p 3,255p 2,502p 2,004 3,550p 3,254p 2,502p 3,471p l,501p 3,902p 2,751p 2,001p 2,001p 2,002p 3,890p 4,301p 2,501p 3,000p 4,033p 2,005p 3,509p 2,501p 4,001p l,501p Allot ment ratio En Exchange 4/ 106/ 107/ 108/ 640 ” 159 350 200 23$— “ . ■ino / 1UV/ 110/ 111/ 250 246 170 775 112/ 500 396 456 _ 117/ 118/ _ - 113/ 114/ 115/ 116/ 119/ 120/ 121/ 122/ _ _ _ _ _ 123/ 124/ 125/ 126/ 127/ _ 128/ 129/ - _ _ _ 130/ 131/ - 132/ Treasury Bulletin 42 PUBLIC DEBT OPERATIONS Footnotes to Table PDO-4. Source: Bureau of the Public Debt. v Note: All securities except EA & EO notes and those bearing footnote 5 were sold at auction through competitive and noncompetitive bidding. If For bill issues, always sold at auction, the rate shown is the equi valent average rate (bank discount basis) of accepted bids. Other securities issued at par except those bearing footnote 5 and those sold at auction. For details of bill offerings see Table PDO-2. 2/ From date of additional issue in case of a reopening. 3/ In reopenings the amount issued is in addition to the amount of original offerings. 4/ For securities exchanged for the new issues see Table PDO-7. 5/ 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. TJ Yields accepted ranged from 7.357. (price 100.108) up to 7.427. (price 99.806) with the average at 7.407. (price 99.892). 8/ Yields accepted ranged from 6.417. (price 99.935) up to 6.517. (price 99.751) with the average at 6.497. (price 99.788). 9/ All accepted subscriptions were awarded at the price of 100.00 (yield 8.007.). 10/ Yields accepted ranged from 7.007. (price 100.000) up to 7.097r (price 99.761) with the average at 7.057. (price 99.867). 11/ Prices accepted ranged from 102.14 (yield 8.057.) down to 101.42 (yield 8.127.) with the average at 101.75 (yield 8.097.). 12/ Yields accepted ranged from 6.577. (price 100.039) up to 6.647. (price 99.925) with the average at 6.627. (price 99.957). 13/ Yields accepted ranged from 7.507. (price 99.990) up to 7.557. (price 99.818) with the average at 7.547. (price 99.853). 14/ Yields accepted ranged, from 6.717. (price 100.074) up to 6.807. (price 99.908) with the average at 6.767. (price 99.982). 15/ Yields accepted ranged fron 7.357. (price 100.101) up to 7.397. (price 99.940) with the average at 7.387. (price 99.980). 16/ Yields accepted ranged from 6.597. (price 99.837) up to 6.637. (price 99.765) with the average at 6.617. (price 99.801). 17/ All accepted subscriptions were awarded at the price of 100.00 (yield 7.8757.). 18/ Prices accepted ranged from 97.50 (yield 8.117.) to 96.36 (yield 8.227.) with the average at 96.73 (yield 8.197.). 19/ Yields accepted ranged from 7.087. (price 100.082) up to 7.197. (price 99.881)with the average at 7.167. (price 99.936). 20/ Yields accepted ranged from 7.687. (price 99.796) up to 7.737. (price 99.625) with the average at 7.717. (price 99.693). 21/ Yields accepted ranged from 6.967. (price 99.844) up to 7.017. (price 99.752) with the average at 6.997. (price 99.789). 22/ Yields accepted ranged from 7.607. (price 100.076) up to 7.647. (price 99.909) with the average at 7.637. (price 99.951). 23/ Yields accepted ranged from 6.907. (price 99.953) up to 6.967. (price 99.843) with the average at 6.957. (price 99.861). 24/ Yields accepted ranged from 6.887. (price 99.987) up to 6.927. (price 99.880) with the average at 6.917. (price 99.907). 25/ All accepted subscriptions were awarded at the price of 100/00 ■(yield 8.007.). ““ 26/ Yields accepted ranged from 7.987. (price 100.215) up to 8.037. (price 99.679) with the average at 8.017. (price 99.893). 27/ Yields accepted ranged from 6.597. (price 100.065) up to 6.697. (price 99.880) with the average at 6.677. (price 99.917). 28/ Yields accepted ranged from 6.907. (price 99.903) up to 6.947. (price 99.764) with the average at 6.937. (price 99.799). 29/ Yields accepted ranged from 6.277. (price 99.963) up to 6.327. (price 99.870) with the average at 6.307. (99.907). 30/ Yields accepted ranged from 7.027. (price 99.894) up to 7.107. (price 99.557) with the average at 7.087. (price 99.641). 31/ Yields accepted ranged from 5.887. (price 99. 991) up to 5.997. (price 99.787) with the average at 5.967. (price 99.842). 32/ Yields accepted ranged from 6.327. (price 99.811) up to 6.377. (price 99.677) with the average at 6.367. (price 99.704). 33/ Yields accepted ranged from 7.007. (price 100.000) up to 7.027. (price 99.891) with the average also at 7.027.. 34/ Prices accepted ranged from 101.05 (yield 7.777.) down to 100.58 (yield 7.827.) with the average at 100.79 (yield 7.807.). 35/ Yields accepted ranged from 5.767. (price 99.981) up to 5.947B ( rice 99.647) with the average at 5.867. (price 99.795). 36/ Yields accepted ranged from 5.877. (price 100.007) up to 5.9?', (price 99.829) with the average at 5.917. (price 99.864). 37/ Yields accepted ranged from 5.297. (price 99.925) up to 5.387. (price 99.757) with the average at 5.377. (price 99.775). 38/ Yields accepted ranged from 6.157. (price 99.872) up to 6.207. (price 99.656) with the average at 6.197. (price 99.699). 39/ Yields accepted ranged from 5.947. (price 99.880) up to 5.997. (price 99.787) with the average at 5.977. (price 99.824). 40/ Yields accepted ranged from 6.657. (price 99.839) up to 6.647. (price 99.625) with the average at 6.627. (price 99.678). 41/ Yields accepted ranged from 7.217. (price 100.217) up to 7.277. (price 99.892) with the average at 7.257. (price 100.000). 42/ Yields accepted ranged from 7.587. (price 100.530) up to 7.637. (price 99.941) with the average also at 7.637.. 43/ Yields accepted ranged from 5.957. (price 99.861) up to 5.997. (price 99.786) with the average at 5.987. (price 99.805). 44/ 45/ 46/ 47/ 48/ 49/ 50/ 51/ 52/ 53/ 54/ 55/ 55/ 57/ 58/ 59/ 60/ 61/ 52/ """ 63/ 64/ 65/ 66/ 67/ 68/ 69/ 70/ 71/ 72/ 73/ 74/ 75/ 76/ 77/ 78/ 79/ — 80/ 81/ 82/ 83/ 84/ 85/ 86/ 87/ 88/ Yields accepted ranged from 6.857. (price 100.074) up to 6.907. (price 99.898) with the average at 6.887. (price 99.968). Yields accepted ranged from 5.997. (price 100.019) up to 6.037. (price 99.944) with the average at 6.027. (price 99.963). Yields accepted ranged from 6.987. (price 100.058) up to 7.037. (price 99.846) with the average at 7.027. (price 99.889). Yields accepted ranged from 5.847. (price 100.065) up to 5.89%(price 99.972) with the average at 5.877. (price 100.009). Prices accepted ranged from 100.00 (yield 7.247.) down to 99.76 (yield 7.297.) with the average at 99.81 (yield 7.287.). Prices accepted ranged from 98.54 (yield 7.757.) down to 98.13 (yield 7.787.) with the average at 98.25 (yield 7.777.). Yields accepted ranged from 6.207. (price 99.861) up to 6.257. (price 99.768) with the average at 6.237. (price 99.805). Yields accepted ranged from 6.757. (price 99.984) up to 6.827. (price 99.738) with the average at 6.807. (price 99.808). Yields accepted ranged from 6.117.(price 100.028) up to 6.147. (price 99.972) with the average at 6.147. (price 99.972). Yields accepted ranged frorfl 7.277. (price 99.792) up to 7.307. (price 99.520) with the average at 7.297. (price 99.611). Yields accepted ranged from 6.257. (price 100.000) up to 6.357. (price 99.815) with the average at 6.347. (price 99.834). Yields accepted ranged from 6.787. (price 99.920) up to 6.857. (price 99.733) with the average at 6.847. (price 99.760). Yields accepted ranged from 7.247. (price 100^054) up to 7.277. (price 99.892) with the average at 7.267. (price 99.946). Prices accepted ranged from 99.10 (yield 7.707.) down to 98.80 (yield 7.737.) with the average at 98.94 (yield 7.727.). Yields accepted ranged from 6.657. (price 99.954) up to 6.687. (price 99.899) with the average also at 6.687.. Yields accepted ranged from 6.807. (price 99.811) up to 6.857. (price 99.636) with the average at 6.847. (price 99.671). Yields accepted ranged from 6.717. (price 99.843) up to 6.757. (price 99.770) with the average at 6.747. (price 99.788). Yields accepted ranged from 7.157. (price 99.876) up to 7.207. (price 99.666) with the average at 7.187. (price 99.750). Yields accepted ranged from 7.207. (price 100.092) up to 7.297. (price 99.927) with the average at 7.277. (price 99.963). Yields accepted ranged from 7.227. (price 99.748) up to 7.257. (price 99.668) with the average at 7.247. (price 99.695). Yields accepted ranged from 7.667.(price 99.759) up to 7.717. (price 99.415) with the average at 7.697. (price 99.552). Yields accepted ranged from 7.927. (price 99.487) up to 7.957. (price 99.148) with the average at 7.947. (price 99.261). Yields accepted ranged from 7.127. (price 100.009) up to 7.147. (price 99.972) with the average at 7.137. (price 99.991). Yields accepted ranged from 7.297. (price 99.845) up to 7.327. (price 99.741) with the average at 7.317. (price 99.776). Yields accepted ranged from 7.167. (price 99.936) up to 7.237. (price 99.808) with the average at 7.207. (price 99.863). Yields accepted ranged from 7.927. (price 99.575) up to 7.967. (price 99.228) with the average at 7.957. (price 99.315). Yields accepted ranged from 7.527. (price 99.963) up to 7.567. (price 99.891) with the average at 7.557. (price 99.909). Yields accepted ranged from 7.507. (price 99.936) up to 7.557. (price 99.794) with the average at 7.537. (price 99.850). Prices accepted ranged from 100.80 (yield 7.857.) down to 100.58 (yield 7.897.) with the average at 100.65 (yield 7.887.). Prices accepted ranged from 100.73 (yield 8.187.) down to 100.01 (yield 8.257.) with the average at 100.13 (yield 8.237.). Yields accepted ranged from 7.677. (price 99.818) up to 7.717. (price 99.845) with the average at 7.707. (price 99.863). Yields accepted ranged from 7.877. (price 99.997) up to 7.907. (price 99.894) with the average at 7.897. (price 99.928). Yields accepted ranged from 7.507. (price 100.000) up to 7.577. (price 99.872) with the average at 7.567. (price 99.891). Yields accepted ranged from 7.937. (price 99.740) up to 7.957. (price 99.657) with the average at 7.947. (price 99.698). Yields accepted ranged from 7.757. (price 100.000) up to 7.82% (price 99.873) with the average at 7.807. (price 99.909). Yields accepted ranged from 8.267. (price 99.933 up to 8.307. (price 99.665) with the average at 8.297. (price 99.732). Prices accepted ranged from 99.23 (yield 8.457.) down to 98.91 (yield 8.487.) with the average at 99.02 (yield 8.477.). Yields accepted ranged from 8.007. (price 100.000) up to 8.107. (price 99.819) with the average at 8.097. (price 99.837). Yields accepted ranged from 8.247. (price 100.013) up to 8.287. (price 99.877) with the average at 8.27% (price 99.911). Yields accepted ranged from 8.257. (price 100.000 up to 8.337. (price 99.855) with the average at 8.32% (price 99.873). Yields accepted ranged from 8.627. (price 100.008) up to 8.637. (price 99.924) with the average also at 8.637.. Yields accepted ranged from 8.527. (price 99.964) up to 8.627. (price 99.784) with the average at 8.61% (price 99.802). Yields accepted ranged from 8.447. (price 99.831) up to 8.477. (price 99.753) with the average at 8.467. (price 99.779). Yields accepted ranged from 8.287. (price 99.843) up to 8.417. (price 99.166) with the average at 8.367. (price 99.426). Yields accepted ranged from 8.377. (price 100.055) up to 8.467. (price 99.079) with the average at 8.437. (price 99.402). January 1980 43 PUBLIC DEBT OPERATIONS. Footnotes to Table PDO-4—Continued 89/ 90/ 91/ 92/ 93/ 94/ 95/ 96/ 97/ 98/ 99/ 100/ 101/ 102/ 103/ 104/ 105/ 106/ 107/ 108/ Yields accepted ranged from 8.377. (price 100.009) up to 8.397. (price 99.973) with the average at 8.387. (price 99.991). Yields accepted ranged from 8.387. (price 99.961) up to 8.427. (price 99.826) with the average at 8.417. (price 99.859). Yields accepted ranged from 8.597. (price 100.063) up to 8.667. (price 99.937) with the average at 8.657. (price 99.955). Yields accepted ranged from 8.607. (price 100.175) up to 8.657. (price 99.757) with the average at 8.647. (price 99.840). Yields accepted ranged from 8.907. (price 99.955) up to 8.987. (price 99.812) with the average at 8.947. (price 99.883). Yields accepted ranged from 9.337. (price 99.766) up to 9.377. (price 99.649) with the average at 9.367. (price 99.678). Yields accepted ranged from 8.757. (price 100.000) up to 8.907. (price 99.020) with the average at 8.857. (price 99.345). Yields accepted ranged from 8.827. (price 99.266) up to 8.877. (price 98.747) with the average at 8.867. (price 98.851). Yields accepted ranged from 9.337. (price 99.857) up to 9.377. (price 99.786) with the average at 9.367. (price 99.804). Yields accepted ranged from 9.977. (price 99.832) up to 10.007. (price 99.779) with the average at 99.997. (price 99.797). Yields accepted ranged from 9.437. (price 99.820) up to 9.477. (price 99.690) with average at 9.457. (price 99.755). Yields accepted ranged from 8.997. (price 100.045) up to 9.017. (price 99.882) with the average at 9.007. (price 99.963). Yields accepted ranged from 9.827. (price 99.876) up to 9.877. (price 99.787) with the average at 9.857. (price 99.822). Yields accepted ranged from 8.957. (price 100.281) up to 9.027. (price 99.888) with the average at 9.01% (price 99.944). Prices accepted ranged from 97.40 (yield -9.00%) down to 96.90 (yield 9.057.) with the average at 97.05 (yield 9.037.). Yields accepted ranged from 9.757. (price 100.000) up to 9.877. (price 99.787) with the average at 9.857. (price 99.822). Yields accepted ranged from 9.337. (price 99.705) up to 9.367. (price 99.605) with the average at 9.357. (price 99.638). Yields accepted ranged from 9.667. (price 99.938) up to 9.707. (price 99.868) with the average at 9.687. (price 99.903). Prices accepted ranged from 99.09 (yield 9.107.) down to 98.69 (yield 9.157. ) with the average at 98.79 (yield 9.147.)* Yields accepted ranged from 9.757. (price 100.000) up to 9.797. (price 99.929) with the average at 9.787. (price 99.947). 109/ 110/ 111/ 112/ 113/ 114/ 115/ 116/ 117/ 118/ 119/ 120/ 121/ Yields accepted ranged from 9.367. (price 99.296) up to 9.387. (price 99.168) with the average at 9.377. (price 99.232). Yields accepted ranged from 9.227. (price 99.039) up to 9.24% (price 98.838) with the average at 9.23% (price 98.938). Y'fe’&ls-afecepted ranged from 9.75% (price 100.000) up to 9.77% (price 99.964) with the average also at 9.777.. Yields accepted ranged from 9.207. (price 99.866) up to 9.237. (price 99.813) with the average at 9.227. (price 99.830). Yields accepted ranged from 8.857. (price 100.083) up to 8.937. (price 99.819) with the average at 8.897. (price 99.950). Yields accepted ranged from 8.787. (price 99.714) up to 8.837. (price 99.302) with the average at 8.817. (price 99.467). Yields accepted ranged from 9.357. (price 100.045) up to 9.457. (price 99.866) with the average at 9.417. (price 99.938). Yields accepted ranged from 9.037. (price 99.923) up to 9.077. (price 99.820) with the average at 9.067. (price 99.845). Prices accepted ranged from 100.07 (yield 8.99%) down to 99.96 (yield 9.017.) with the average at 100.00 (yield 9.007.). Prices accepted ranged from 102.36 (yield 8.89%) down to 101.99 (yield 8.937.) with the average at 102.13 (yield 8.927.). Yields accepted ranged from 9.607. (price 100.045) up to 9.667. (price 99.938) with the average at 9.65% (price 99.955). Yields accepted ranged from 9.237. (price 99.997) up to 9.277. (price 99.848) with the average at 9.257. (price 99.922). H ei2?xac?eP te, d ratlSed from 10.207. (price 99.869) up to 10.22% (price 99.834) with the average at 10.21% (price 99.851). Yields accepted ranged from 9.75% (price 100.000) up to 9.81% (price 99.806) with the average at 9.797. (price 99.871). 123/ Yields accepted ranged from 10.10% (price 100.155) up to 10.25% (price 99.013) with the average at 10.17% (price 99.620). 124/ Yields accepted ranged from 12.55% (price 100.129) up to 12.69% (price 99.888) with the average at 12.667. (price 99.940). 125/ Yields accepted ranged from 11.627. (price 100.014) up to 11.64% (price 99.958) with the average at 11.647. (price 99.958). 126/ Yields accepted ranged from 10.707. (price 100.303) up to 10.79% (price 99.759) with the average at 10.757. (price 100.000). 127/ Yields accepted ranged from 10.397. (price 99.863) up to 10.487. (price 99.045) with the average at 10.447. (price 99.407). 128/ Yields accepted ranged from 12.18% (price 99.905) up to 12.26% (price 99.767) with the average at 12.24% (price 99.801). 129/ Yields accepted ranged from 10.28% (price 100.389) up to 10.497. (price 99.532) with the average at 10.40% (price 99.898). 130/ Yields accepted ranged from 11.42% (price 99.922) up to 11.447. (price 99.887) with the average at 11.437. (price 99.904). 131/ Yields accepted ranged from 10.397. (price 100.353) up to 10.607. (price 99.681) with the average at 10.527. (price 99.936). 132/ Yields accepted ranged from 10.58% (price 99.352) up to 10.617. (price 99.130) with the average at 10.607. (price 99.204). Less than $500,000. p Preliminary 122/ Treasury Bulletin 44 PUBLIC DEBT OPERATIONS Table PlJO-5. - tin matured Marketable Sggurities Issued at a Premium or Discount Other than Advance Refunding Operations Date of financing Description of'-securities Amount issued (In millions) Average price per hundred Effective interest rate Eligible securities exchanged 1980 7-1/2% Note - 1/31/80-K 1/31/78 6-1/2% Note _ 2/15/80-G 2/15/77 4% Bond _ 2/15/80 7-5/8% Note _ 2/29/80-L 2/28/78 7-1/2% Note _ 3/31/80-C 3/17/76 3/31/78 1/ f 1/23/59 \ 12/15/62 V. / \ > ( I / 1 V / I v , / V ^ ✓ / I r / \ v ( / I 7-3/4% Note - 4/30/80-N 5/1/78 6-7/8% Note _ 5/15/80-A 5/15/73 8% Note - 5/31/80-P 5/31/78 7-5/8% Note - 6/30/80-D 6/10/76 8-1/4% Note - 6/30/80-Q 6/30/78 8-1/2% Note - 7/31/80-R 7/31/78 9% Note _ 8/15/80-B 8/15/74 f \ 6-3/4% Note _ 8/15/80-H 8/15/77 f \ v 8-3/8% Note 8/31/80-S 8/31/78 6-7/8% 8-5/8% Note Note - 9/30/80-E 9/30/80-T 9/14/76 10/02/78 8-7/8% Note - 10/31/80-U 10/31/78 7-1/8% Note - 11/15/80-J 11/15/77 f \ r l f V 6-3/8% 2/ Note 99.678 99.678 6.62 6.62 8% 2/ Note 99.00 99.50 99.50 4.07 4.04 4.04 2/ Series F&G saving bonds 2/ 99.863 99.863 7.70 7.70 8% 2/ 99.853 99.891 99.891 7.54 7.56 7.56 2/ 6-3/4% 2/ 428p 2,.752p , 3.180© 2,636 2,585 2,043 7,265 177p 2.921o 3,098p 2,185 794 3.613o 4.407d 99.909 99.909 7.80 7.80 99.29 99.29 99.29 375p 3,789p 4. t a p 2,461 1,835 $ 99.909 99.909 1/31/78-J - 2/15/77-A Note - 2/28/78-G Note - 3/31/78-K 6-1/2% 2/ Note - 4/30/78-L 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 99.693 99.873 99.873 7.71 8.32 8.32 2/ 6-7/8% 2/ Note - 6/30/78-N 99.802 99.802 8.61 8.61 6-7/8% 2/ Note - 7/31/78-P 8.75 8.75 5-5/8% 2/ Note - 8/15/74-B o o •*! / I 7.55% 7.55 $ 272 3,603 3,875 1,300 3,308 4,608 884 34 * 34 53 3,767 3,820 2,069 312 3,695. 101.15 101.15 4,296 9-1/4% Note - 11/30/78-V 11/30/78 5-7/8% 9-7/8% Note Note - 12/31/80-F 12/31/80-W 12/7/76 1/2/79 Note Note - 1/31/81-P 2/15/81-A 1/31/79 2/15/74 1981 9-3/4 7% 7-3/8% Note - - 99.760 99.760 6.84 6.84 7-3/4% 1/ Note - 8/15/77-B 200p 3.345P, --ffisy-511 3,395 .3 , W -— T O p 3,587p " 3 3 0 P ... "575 3,975 4,600 • 25?>p 2,945p 3,195p 99.991 8.38 6-5/8% Note _ 8/31/78-Q 99.799 99.955 99.955 6.93 8.65 8.65 2/ 6-1/4% 2/ Note - 9/30/78-R 99.883 99.883 8.94 8.94 5-7/8% 2/ Note - 10/31/78-S 99.695 99.695 7.24 7.24 7-3/4% 2/ Note - 11/15/77-E 99.804 99.804 9.36 9.36 5-3/4% Note - 11/30/78-T 99.867 99.797 5.91 9.99 2/ 2/ 3,546p ^ / V 3,146p 302 1,515 99.822 100.28 100.28 100*28 9.85 6.95 6.95 6.95 7-3/4% 4-1/8% 2/ Note Bond - 2/15/74-C 2/15/74 f \ 1,842 4oo 1,768 99.453 99*453 7.49 7.49 5-3/4% 2/ Note - 2/15/75-A Note - 2/15/78-A 25 2/15/81-C 3/ 2/18/75 2/28/81-Q 3/31/81-H 4/5/76 2/28/79 3/8/77 2,168 " £,62*T” 2,887p 2,809 99.980 99.822 99.968 7.38 9.85 6.88 2/ 2/ 2/ 3/31/81-R 4/30/81-S 4/9/79 4/30/79 3,516p 3,013p 99.903 99.947 9.68 9.78 21 2/ 5/15/81-D 1/26/76 2,020 l,000p 2,893p 3,893p 99.892 99.849 99*849 7.40 7.53 7.53 21 6-1/4% 1/ 2,542p 2,514 3,057p 99.964 99.808 99.830 9.77 6.80 9.22 2/ 21 2/ 9-3/4% 6-7/8% Note Note 9-5/8% 9-3/4% Note Note 7-3/8% Note - 7-1/2% Note - 5/15/81-M 2/15/78 9-3/4% 6-3/4% 9-1/8% No te Note Note - 5/31/81-T 6/30/81-J 6/30/81-U 5/31/79 6/3/77 7/2/79 - f { r / V „ f \ 425 3,708 4,133.. Footnotes at end of table. r / I 45 January 1980 ____________________ PUBLIC DEBT OPERATIONS_____________________ Table PDO-5. - Unmatuied Marketable Securities Issued at a Premium or Discount Other than Advance Refunding Operations—Continued 1981 9-3/8% Note " Amount issued (In millions) Date of financing Description of securities 7/31/81-V 7/31/79 Average price per hundred Effective interest rate Eligible securities exchanged $3,222p $99,938 9.41% 2/ 99.779 99.779 8.46 8.46 7-5/8% 2/ 99.955 99.620 99.940 99.628 99.628 9.65 10.21 12.66 7.82 7.82 21 2/ 2/ 5-3/4% 21 101.25 99.641 7.70 7.08 8-3/87. Note - 8/15/81-N 8/15/78 9-5/87. 10-1/8% 12- V 8% Note Note Note - 8/31/81-W 9/30/81-X 10/^1/81-Y 8/31/79 10/9/79 10/31/79 7-3/4% Note _ 11/15/81-B 7% Note - 11/15/81-G 3/19/75 10/12/76 1,200p 2,910p 4,110p 3,729p 3,695p 4,457p 949 1,766 2,715 1,762 2,543 12-1/8% 7-1/4% Not-p Note _ 11/30/81-Z 12/31/81-L 11/30/79 12/7/77 4,893p 3,452 99.801 12.24 - 99.776 7.31 2/ 11-3/8% Note - 12/31/81-AB 12/31/79 4,292p 99.904 11.43 2/ Bond Note - 505 2,697 100.60 99.699 6.34 6.19 2/ 2/ 7-7/8% Note - 3/31/82-G 3/6/78 7.89 2/ 8% Note - 5/15/82-A 5/15/75 8.00 8.00 6% 2/ C I \ ^ 11/15/74 f V / \V. _ Note - 8/15/78-E Note - 11/15/74-A Note - 5/15/75-B Note - 11/15/78-B Note - 8/15/75-C Note - 11/15/75-D Note - 11/15/76-D 2/ 2/ y 1982 6-3/8% 6-1/8% - 2/15/82 1/ 2/15/82-D 5/15/72 1/6/77 2,853p V 1,233 -1.514 2,747 2,613 99.928 100.00 100.00 7% Note - 5/15/82-E 4/4/77 99.889 7.02 2/ 9-1/4% Note - 5/15/82-K 11/15/78 / V 978p 2,578p 3,556p 99.678 99.678 9.36 9.36 6% 2/ 8-1/4% 8-1/8% Note Note - 6/30/82-H 8/15/82-B 6/7/78 8/15/75 / / V 2,594P 902 2,017 2,918 99.991 99.921 8.27 8.14 2/ 5-7/8% 2/ _ 9% 8-3/8% Note - 8/15/82-M 8/15/79 3.587p 99.845 9.06 Note - 9/30/82-J 9/6/78 2,501p 99.859 8.41 2/ 7-7/8% Note - 11/15/82-C 11/17/75 384 2,518 2,902 2,737 99.762 99.762 7.92 7.92 7% 2/ / V 7-1/8% Note " 11/15/82-F 10/17/77 99.750 7.18 2/ 9-3/8% Note - 12/31/82-L 1/2/79 3,205p 99.755 9.45 2/ 9-1/4% 7-7/8% Note Note - 3/31/83-D 5/15/83-C 3/5/79 4/5/78 2,930p 2,573 99*638 99^698 9.35 7.94 2/ 2/ 11-5/8% Note - 5/15/83-G 11/15/79 3,612p 99.958 11.64 8-7/8% 9-3/4% 7% Note Note Note - 6/30/83-E 9/30/83-F 11/15/83-B 7/2/79 10/10/79 11/15/76 3,123p 2,802p 50 2,259 99.950 99.871 99.891 99.891 8.89 9.79 7.02 7.02 99.936 10.52 1983 - - / \ y 2/ 2/ 6-1/4% 2/ 2,309 10-1/2% Note - 12/31/83-H 12/31/79 2,692p 2/ Treasury Bulletin 46 -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 unt issued l millions) Average price per hundred Effective interest rate Eligible securities exchanged 1984 $ 881 2.024 2,905 2,623 2.909 5.533 2/15/77 7rl/4% Note - 2/15/84-A 5/16/77 9-1/47. Note - 5/15/84-C ?/5/7? 6-3/87. 7-1/47. Bond Note - ' 8/15/72 8/15/84 8/15/84-B 2.587p 15 252 221 133 164 535 265 457 268 41 2,353 300 2,563 2,863 \ 8/15/77 7.257. 7.25 87. 2/ Note 99.81 99.81 7.28 7.28 97. 2/ Note 99.922 99.40 99.40 99.40 99.40 99.40 99 40 99.40 99.40 99.40 99.40 9.25 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 1L 57. 47. 2-1/27. 67. 2-1/27. 5-3/47. 3-7/87. 5-3/47. 5-7/87. 2/ 99.946 99.946 7.26 7.26 7-3/47. 2/ 100.65 100.65 7.88 7.88 6-1/47. 2/ 100.50 3.22 2/ 2/ $ 100.00 100.00 - 5/15/77-D - - 8/15/72-E 8/15/72 9/15/67-72 ll/15/72-F 11/15/67-72 11/15/74-A 11/15/74 2/15/75-A 2/15/75-E Note - 8/15/77-B Note _ 2/15/78-A Note Bond Bond Note Bond Note Bond Note Note 1985 87. Note 2/15/85-A 3-1/47. Bond 5/15/85 10-3/87. Note 5/15/85-C 8-1/47. Note 1,200 3,003 4,203 1,135 2/15/78 6/3/58 12/4/79 8/15/78 8/15/85-B 2/15/77-A - - 2,538p 99.898 10.40 34p 1,400p 3,403a,.. 4.837d 99.426 99.426 99.426 8.36 8.36 8.36 8-3/47. 7-5/87. 2/ Note Note - 8/15/78-C 8/15/78-E 98 487 187 58 36 268 58 24 1,216 99.75 99.75 99.75 99.75 99.75 99.75 99.75 99.75 6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15 5-3/87. 7-3/47. 4-3/47. 6-3/47. 57. 3-7/87. 47. 2/ Note Note Note Note Note Bond Bond - 11/15/71-B 11/15/71-G 5/15/72-D 5/15/72-D 8/15/72-E 11/15/71 8/15/72 100.00 9.00 - 1986 6-1/87. Bond 11/15/71 11/15/86 1987 8/15/79 97. Note 2/15/87-B 4-1/47. Bond 8/15/87-92 1, 7-5/87. Note 11/15/87-A C 2/15/79 8/15/62 11/15/77 { 3,029p 3,209p * 5 360 365 373 2,014! 2,387 99.944 9.01 If "1 / 4.19 4.19 4.19 47. 3-1/47. 1/ Note Note - 8/15/62-B 8/15/62-G 99.552 99.552 7.69 7.69 7-3/47. 2/ Note - 11/15/77-E 101.00 101.00 101.00 1988 47. Bond 2/15/88-93 1/17/63 99.85 4.01 2/ 99.732 99.732 99.732 8.29 8.29 8.29 7-1/87. 7-7/87. 2/ Note Note - 5/15/78-D 5/15/78-F 99.345 99.345 8.85 8.85 67. 2/ Note - 11/15/78-B 93 333 500 925 95.05 95.05 95.05 8.00 8.00 8.00 8-1/87. 47. 2/ Note Bond - 8/15/73-B 8/15/73 136 302 438 100.14 100.14 7.78 7.78 4-1/87. 2/ Bond - 10 240 301 551 100.45 100.45 100.45 7.68 7.68 7.68 7-3/47. 4-1/87. 2/ Note Bond - 252 8-1/47. Note 5/15/88-A 5/15/78 .59p l,541p 2,548p 4,148p 8-3/47. Note 11/15/88-B 11/15/78' 931p 2,514d 3,445p 8/15/73 7-1/27. Bond 8/15/88-93 11/15/73 2/15/74 1989 9-1/47. Note 5/15/89-A 5/15/79 2,628p 99.232 9.37 1/ 4-1/87. 10-3/47. Bond Note 5/15/89-94 11/15/89-B 4/18/63 11/15/79 300 2,414p 100.55 100.000 4.09 10.75 2/ 2/ 1990’ 8-1/47. Bond 5/15/90 4/7/75 1,247 99.455 8.31 2/ Bond 8/15/92 7/8/77 1,504 99.611 7.29 2/ 1992 7-1/47. - - 11/15/73 2/15/74-C 2/15/74 January 1980 47 ___________________PUBLIC DEBT OPERATIONS_____________________ Table PDO-6. - Unmatured Marketable Securities Issued at a Premium or Discount Other than Advance Refunding Operations—Continued Date of financing Description of securities Amount issued (In millions) Average price per hundred $ 627 1,501 40 652 692 $ 99.50 99.315 98.75 98.75 Effective interest rate Eligible securities exchanged 1993 6.79% 7.95 7.11 7.11 2/ 2/ 7-3/4% 2/ 99.924 8.63 2/ 99.840 8.64 2/ 1.509 99.963 9.00 2/ 1,501P 98.79 9.14 2/ 6-3/4% 7-7/8% 7% Bond Bond Bond _ _ _ 8-5/8% Bond - 8/15/93 7/11/78 l,768p 8-5/8% Bond - 11/15/93 10/10/78 l,509p 1/10/73 1/6/78 5/17/76 2/15/93 2/15/93 5/15/93-98 1994 9% Bond - 2/15/94 1/11/79 i , / \ r J 4/18/79 8-1/2% Bond - 5/15/94-99 8.21 8.21 4-1/4% 2/ Bond 8/15/74 / \ V 486 400 885 98.70 98.70 8.46 8.46 5-5/8% 1/ Note 196 142 603 941 103.04 103.04 103.04 8.37 8.37 8.37 5-3/4% 3-7/8% 2/ Note Bond - 2/ r J \ Bond - 8/15/94 7/9/79 l,506p 99.467 8.81 _ 11/15/94 10/18/79 l,501p 99.620 10.17 8-3/8% Bond - 8/15/95-00 f 2/18/75 V 5/17/76 ( 1 > 11/15/76 8/15/75 f { V. ( / I 2/15/95-00 11/17/75 A i 5/15/78 1996 8% Bond - 8/15/96-01 5/15/74 102.85 102.85 Note - _ 279 309 588 8-3/4% Bond 5/15/73-A ( \ 10-1/8% 1995 7-7/8% - 5/15/74 11/15/74 fI Note 8/16/76 / \ v f I I 8/15/74-B _ 11/15/74-A 11/15/74 U 150 752 902 99.191 99.191 7.95 7.95 5-3/4% 2/ Note _ 2/15/75-A 117 750 868 96.73 96.73 8.19 8.19 6-1/2% 2/ Note _ 5/15/76-B 100.79 99.327 99.327 7.80 8.44 8.44 2/ 5-7/8% 2/ Note - 8/15/75-C 101.50 101.50 8.33 8.33 7% 2/ Note - 99.02 99.02 8.47 8.47 7-1/8% 2/ Note - 5/15/78-D 99.893 99 .,893 99.893 8.02 8.02 8.02 7-1/2% 6-1/2% 1/ Note Note _ 8/15/76-C 8/15/76-G 99.450 99.450 99.450 8.30 8.30 8.30 5-7/8% 6% 2/ Note Note - - 5/15/75-P 5/15/75-B 101.75 101.75 8.09 8.09 6-1/4% 2/ Note _ 2/15/76-A 100.13 100.13 8.23 8.23 6-1/4% 2/ Note - 2/15/78-A 99.941 99.941 7.63 7.63 8% 2/ Note _ 2/15/77-A 98.25 98.25 98.25 7.77 7.77 7.77 6-7/8% 9% 2/ Note Note - 5/15/77-C 5/15/77-D 98.94 98.94 7.72 7.72 7-3/4% 21 Note - 8/15/77-B 99.261 99.261 7.94 7.94 7-3/4% 2/ Note - 11/15/77-E 1,001 313 801 1,114 150 1,001 1.151 895 1,501. 2,396 342 250 983 1,575 - 11/15/75-D 2000 5/15/75 8-1/4% Bond - 5/15/00-05 2002 7-5/8% i 2/17/76 2/15/78 / \ ~ / \ 2/15/77 f \ 220 630 754 1,604 215 402 617 771 1.254 2,025 * Bond - 2/15/02-07 5/16/77 ^ 8/15/77 7-7/8% / 1 1 Bond - 11/15/02-07 11/15/77 , / \ , f \ ^ f V v 391 753 1,143 527.. 373 1,003 U 903 199 1,003 ... 1.202 240p li255p l,495p 48 Treasury Bulletin ______________________________________ 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 2003 8-3/8% Bond 8/15/03-08 8-3/4% Bond 11/15/03-08 2004 9-1/8% 10-3/8% JL/ 2/ 3/ Bond Bond 5/15/04-09 11/15/04-09 Amount issued (In millions) Average price per hundred Effective interest rate Eligible securities exchanged ( V. $600p 1,503p $99,402 99.402 1 I 98.851 98.851 8.86 8.86 6% 2/ 97.05 9.03 2/ 98.938 9.23 2/ 8.91 2/ 10.44 2/ 8/15/78 J 11/15/78 I 2/15/79 2,103p 678p l»736p 2,4l4p 2,816p f 5/15/79 2,207p \ 8/15/79 2,399p 11/15/79 2,317p Additional issue. Issued for cash. Treasury Notes, 7-3/8% Series C-1981 and 7-3/8% Series E-1981 102.13 99.407 * p 8.43% 8.43 '8-3/4% 2/ consolidated effective Sept. 1, 1976. Less than $500,000. Preliminary. Note - 8/15/78-C Note - 11/15/78-B January 1980 49 ,PUBLIC DEBT OPERATIONS. Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities Part A. - Other than Bills 1/—Continued (In millions of dollars) Allotments by investor classes Amount issued Date of financ ing Description of securities $0'r» cash In exchange for other securi ties U.S. Gov ernment accounts and Federal Reserve banks 2/ 328 Private pension and re tire ment funds State and local governments 6j Commer cial banks 3/ Indi vidu als 4/ 1,398 172 2 5 165 3 1 154 628 562 31 1 - 269 17 * 17 602 2 *'Insur Hutual S'aveance compa xngs nies banks Corpo rations 5/ Pension and re tire ment funds Other funds Dealers and brokers All other 7/ 753 1/3/78 7-1/8% Note 176/78 7-7/8% "Bond 2/15/93 1.501 1/31/78 7-1/2% Note 1/31/80-K 3,603 272 272 1,738 159 7 36 184 6 4 16 877 576 2/15/78 6-1/2% Note <8% Note h-1/4% Bond 2,894 3.003 1,254 1,000 1,200 771 1,000 1,200 771 1.439 1,262 242 ' 293 476 51 16 42 7 38 17 1 189 149 101 17 36 7 13 6 106 13 9 14 453 921 713 423 85 12 2/28/78 7-5/8% Note 2/29/80-L 3.767 53 53 1,565 155 7 36 102 26 1 4 790 1,081 3/6/78 7-7/8% Note 3/31/82-G 2.853 1,305 72 9 24 118 16 10 12 833 454 3/31/78 7-1/2% Note 3/31/80-C 8/ 3,695 1,896 217 9 18 214 9 2 13 314 1,003 4/5/78 7-7/8% Note 5/15/83-C 2,573 5/1/78 7-3/4% Note 4/30/80-N 5/15/78 8-1/4% Note 5/15/88-A 8-3/8% Bond 5/31/78 8% 12/31/79-X 5/15/81-M 2/15/85-A 5/15/00-05 8/ 8/15/95-00 8/ 3,592 312 312 1,251 99 5 20 84 21 2 7 640 444 2,752 428 428 1,321 131 6 16 43 5 3 13 592 622 2,548 1,600 1,6Q0 835 181 15 5 291 65 54 14 1,020 68 1.502 895 895 405 36 4 1 102 19 115 182 603 35 177 177 925 385 14 9 91 12 13 7 580 876 Note 5/31/80-P 2,922 6/7/78 8-1/4% Note 6/30/82-H 2,594 1,268 166 6 25 37 10 2 14 649 417 6/30/78 8-1/4% Note 6/30/80-Q 3,613 1,608 285 8 15 71 11 5 7 857 746 7/11/78 8-5/8% Bond 8/15/93 1.768 575 145 16 14 99 44 25 3 831 16 7/31/78 8-1/2% Note 7/31/80-R 3,789 375 375 1,464 388 14 15 47 9 6 26 1,181 639 8/15/78 /8-3/8% Note ,8-1/4% Note 18-3/8% Bond 6/15/81-N 8/15/85-B 8/15/03-08 2,910 3,404 1,517 1,200 1,434 600 1,200 1,434 600 1,414 1,558 ‘ 621 418’ 321 40 8 11 7 10 10 3 71 58 78 29. 8 25 7 10 67 5 3 18 53? 890 656 411 535 2 8/31/78 8-3/8% Note 8/31/80-S 3,345 200 1,332 255 5 8 69 8 3 19 661, 985 9/6/78 8-3/8% Note 9/30/82-J 2.501 1,484 114 2 21 23 7 2 35 501 312 9/ 10/2/78 - 8-5/8% Note 9/30/80-T 3,395 1,282 230 4 13 151 24 3 18 544 1,126 9/ 10/10/78 8-5/8% Bond 11/15/93 1.509 487 64 15 3 146 22 18 134 600 20 9/ 10/31/78 8-7/8% Note 10/31/80-U 3.587 203 203 1,617 238 9 7 41 7 3 3 914 748 %f /9-1/47. Note 11/15/78 < 8-3/4% Note (8-3/4% Bond 5/15/82-K 11/15/88-B 11/15/03-08 2,578 2,514 1,751 203 978 678 203 978 678 1,162 1,088 618 244 118 48 10 20 2 20 15 15 75 162 164 8 14 26 3 31 22 19 6 39 466 1,017 777 571 9/ 43 9/ 40 9/ 11/30/78 9-1/4% Note 11/30/80-V 2,945 1,092 202 7 11 102 9 1 19 664 838 9/ 1/2/79 9-7/8% Note 9-3/8% Note 12/31/80-W 12/31/82-L 3,097 2.768 450 437 450 437 975 1,163 238 156 11 1 226 3 82 45 41 12 2 5 6 1 835 830 681 9/ 552 9/ 507 90 14 1 53 18 8 6 776 36 9/ 151 1,137 352 8 4 79 9 2 4 776 624 9/ 931 800 1,005 115 69 26 3 4 34 106 120 39 13 3 111 24 9 193 9/ 59 f/ 654 9/ 1/11/79 ( 97o Bond 1/31/79 9-3/4% Note 2/15/79 2/28/79 3/5/79 9% Note 8-3/4% Bond ( 9-3/4% Note 9-1/4% Note 4/9/79 4/18/79 9-5/8% Note 97. 4/30/79 5/15/79 5/31/79 Bond 9-3/4% Note 9-1/4% Note 9-1/8% Bond { { { 9-3/4% Note 2/15/94 1.509 1/31/81-P 2,995 2/15/87-B 11/15/03-08 8/ 2.278 2,001 2/28/81-Q 2,519 942 181 3 3 31 8 2 53 763 1,021 642 3/31/83-D 2,930 1.440 107 4 4 46 16 1 1 440 871 1! 3/31/81-R 2.876 640 863 26$ 6 23 13 1 1,048 9/ 8 10 1,703 1 5 167 33 3 159 51 139 3 40 648 424 6 2 3 1 14 780 607 17 2/ 348 9/ 350 200 789 785 125 34 16 5 279 122 15 4 4 22 31 1 853 1,024 190 3 2 1 5 35 16 2 3 418 651 v 2/15/94 8/ 1.501 4/30/81-S 2.854 5/15/89-A 5/15/04-09 2.278 2,007 5/31/81-T 2,303 6/30/81-U 6/30/83-E 2,807 2.877 8/15/94 7/31/81-V 1,506 3,047 931 800 640 350 200 250 246 502. 164 1 / 9 11 250 246 983r l,325r 195r 126r 14r 5r 9r 5r 54r 69r 7r lr lr 3r 173r 26r 283r 60lr 838x2./ 716x1/ 170 472r 834r 24r 174r 2r 3r lr 19r 267r 13r lr 5r 2r 2r 12r 57r 713r 529r 12x2/ 213x1/ 775 500 396 l,379r 947r 546r 146r lOOr ±5r 16r 8r * lOr 8r 95r 48r 48r 95r 8r 15r 2r lr Hr lr 9r 27r * 250r* 692r 1,209r 995*9/ 672r9/ 135r9/ 8/31/81~W 3,272 456 l,102p 5/15/84-C 2.587 l,076p 9-5/8% Note 9/30/81-X 400 3,294 400 l,154p 9-1/4% Note 9/30/83-F 268 2,534 268 161p 10-l/8%Note 11/15/94 1.501 651p 9-3/47. Note 10/31/81-Y 3,984 470 470 734p 10-l/8%Bond 12-5/8%3Note Source: Based on subscription and allotment reports. For detail of offerings see Table PD0-4. 1/ Excludes 1-1/27. Treasury notes issued in exchange to holders of nonmarketable 2-3/47. Treasury bonds. Investment Series B-1975-80. 2/ Includes trust funds and accounts that comprise Goverment accounts under the unified budget concept. 3/ Includes trust companies and stock saving banks. 4/ Includes partnerships and personal trust accounts. 5/ Exclusive of banks and insurance companies. 6/ Consists of trust, sinking, and investment funds of State and local 154p 62p 212p 63p 17p 151p 3p 2p 5p 2p IP IP 6p 3p 7p * lp 335p 44p 55p 2p 32p 141p 9p IP 3p * 5p * 13p * 7p * 5p 51p ~®P * 21P * 4p 357p 533p 608p IP 659p 1,300p l,243p9/ 858p9/ l,243p9/ 2,284p9/ 136p9/ l,647p9/ 7/02/79 7/09/79 7/31/79 8/15/79 8/31/79 9/5/79 10/9/79 10/10/79 10/18/79 10/31/79 9-1/87. Note 8-7/8% Note 8-3/4% Bond 9-3/8% Note 97. Note 9% Note 9-1/8% Bond 8/15/82-M 2/15/87-B 5/15/04-09 8/ 2,812 2,528 2.003 775 500 396 TJ 8/ 9/ * p r government and their agencies. Includes savings and loan associations, nonprofit institutions, and investments of foreign balances and international accounts in this country. Also incljaded are certain Government deposit accounts and Government-sponsored agencies. Reopening of earlier issue. Includes portions to be distributed by investor class. Less than $500,000. Preliminary, Revised. 50 Treasury Bulletin .PUBLIC DEBT OPERATIONS. Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities Part B. - Bills Other than Regular Weekly Series (In millions of dollars) Date of financing Date of maturity Average rate (Percent) Total amount issued 52-week series Allotments by investor classes U.S. Gov ernment accounts and Federal Reserve banks U Commer cial bank? Corpo rations 2/ Dealers and brokers All Other 3/ 516 542 m m 1/9/79 2/6/79 6.552 6.814 3,205 3,253 913 644 804 1,177 27 40 945 850 3/7/78 4/4/78 5/2/78 5/30/78 6/27/78 7/25/78 3/6/79 4/3/79 5/1/79 5/29/79 6/26/79 7/24/79 6.859 6.877 7.073 7.417 7.678 7.820 3,321 3.346 3,025 2,478 2,784 3,380 986 959 934 864 844 827 1,088 959 436 749 542 744 27 45 11 16 32 26 893 944 1,123 575 731 1,351 327 439 521 274 635 432’ 8/22/78 9/19/78 10/17/78 11/14/78 12/12/78 8/21/79 9/18/79 10/16/79 11/13/79 12/11/79 7.876 7.954 8.272 9.312 9.320 3.544 3,353 3,474 3,896 4,029 910 978 935 1,214 1,374 482 1,035 879 1,053 567 21 16 19 52 123 1,309 614 989 805 1,139 822 710 652 722 826 1/9/79 2/6/79 1/8/80 2/5/80 9.605 9.348 3,705 3,543 967 493 1,083 933 21 19 875 1,229 759 869 3/6/79 4/5/79 5/1/79 5/29/79 6/26/79 7/24/79 8/21/79 3/4/80 4/1/80 4/29/80 5/27/80 6/24/80 7/22/80 8/19/80 9.485 9.230 9.235 9.153 8.829 8.896 9.189 3,326 3.346 3,020 2,762 2,788 3,389 3.545 1,019 1,091 1,050 831 828 860 997 1,116 978 715r 384' 418 775 960 38 377 149 4 29 24 6 773 284 825r 1,086 1,221 775 909 380 616 28lr 9/18/79 10/16/79 11/13/79 9/16/80 10/14/80 11/6/80 9.893 11.508 11.810 3,556 3,454 3,903 1,077 1,109 1,340 870r 977r 702r 1/10/78 Source: Based on subscription and allotment reports For detail of offering see Table PDO-4. 1/ Includes trust funds and accounts that comprise Government accounts under the unified budget concept. 2/ Exclusive of banks and insurance companies. 25 30 16r 815r 607 768 45? 292 955 673 769r 731r l,076r 3/ Included with all other investors are certain Government deposit ac counts and Government-sponsored agencies, formerly included with Government accounts, r Revised. 51 January 1980 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# JBill 6.560# Bill 5.313# Bill 6-1/4# Note 5-7/8# Note 5.6377. Bill 8# Note 1-1/2# Note 6.474# Bill 5.823# Bill 4.834# Bill 6.400# Bill 6-1/2# Note 5-3/4# Note 6# Note 5.803# Bill •.. 1 / W 7 6 ■■ 1/31/76 -- 2/10/76 ■- 2/15/76-A -. 2/15/76-F ■■ 3/9/576 ■• 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,j336 2,|274 1,1498 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 1 2,591 2,pH 2,b93 3,! 434 2,216 8/24/76 7.334# Bill ■• 8/ 24/76 8/26/75 2,893 2 ,£93 8/31/76 5-7/8# Note ■- 8/31/76-L 3/3/75 1,662 1,]608 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 1 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 Results of ex change offers Disposition offers by Treasury Called or maturing securities 2/ Date of refunding or retire ment Exchange security offered 2,522 1,232 97 361 528 82 “ _ 692 2/ 1,102 IQ/ 1,667 11/ _ - - - - - - - _ x - _ - 2/ u 5/ ^/ 2/ 8/ 54 12/ 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 • • ■ 11/30/76-N . • 12/14/76 - 12/31/76-K • • - 1/11/77 • 2/8/77 . ■ 2/15/77-A • 2/28/77-F ■ • - 3/8/77 -- 3/31/77-G ■. 4/1/77-EA .• 4/5/77 •- 4/30/77-H ■■ 5/3/77 •- 5/J3/77-C ■- 5/15/77-D .- 5/31/77 •- 5/31/77-1 6/28/77 6/30/77 7/26/77 7/31/77 8/15/77 8/23/77 8/31/77 6.082# 6-1/2# 5.739# 7-1/2# 7-3/4# 5.634# 8-1/4# ■- 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 ,6l£ 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 5.561# Bill •- 9/20/77 8-3/8# Note -- 9/30/77-M 9/21/76 9/30/75 2,917 3,226 2,917 3,136 10/1/77 10/18/77 10/31/77 1-1/2# Note •- 10/1/77-E0 5.126# Bill .- 10/18/77 7-1/2# Note •- 10/31/77-N 10/1/72 10/19/76 10/3-1/75 17 3,095 3,156 17 3,095 2,938 11/15/77 11/15/77 11/30/77 7-3/4# Note •- 11/15/77-E 5.201# Bill •- 11/15/77 6-5/8# Note ■- 11/30/77-Q 11/15/74 11/15/76 3/3/76 3,630 3,402 2,628 2,392 3,402 2,516 1,238 21/ 112 22/ 12/13/77 12/31/77 4.708# Bill ■- 12/13/77 7-1/4# Note ■- 12/31/77-P 12/14/76 12/31/75 3,505 2,765 3,505 2,437 _ 328 22/ 1/11/77 3,071 2,511 3,105 8,389 2,115 3,071 2,239 3,105 5,418 2,062 Bill Note Bill Note Note Bill Note _ - “ 7.340# Bill 8-I/4# Note 1-1/2# Note 6.600#.Biil 6-1/2# Note 6.010# Bill 6-1/4# Note 7-1/8# Note 6.440# Bill 7-1/4# Note 5.578# Bill 5.572# Bill 8# Note 6# Note 6.010# Bill 6-1/2# Note 1-1/2# Note 5.781# Bill 7-3/8# Note 5.645# Bill 6-7/8# Note 9# Note 6.309# Bill 6-3/4# Note 9/21/76 9/30/76 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 Exchanged 326 98 120 136 252 2,572 150 523 12/ 14/ 15/ 16/ 12/ ' - 18/ 12/ 20/ ' 110 527 2,996 190 21/ 22/ 22/ 24/ _ 264 65 924 123 90 218 _ - 25/ 26/ 22/ 28/ 22/ - 20/ _ - 1/10/78 1/31/78 2/7/78 2/15/78 2/28/78 4.728# 6-3/8# 5.344# 6-1/4# 8# - 2/28/78--G 2/8/77 2/15/71 10/7/75 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 22/ 4/1/78 4/4/78 4/30/78 1-1/2% Note • 4/1/78-EA 5.158# B U T •- 474/786-1/2# Note •. 4/30/78-L 4/1/73 4/5/77 5/17/76 ~ 15 3,34* 2,574 15 3,34^ 2,146 _ 428 28/ - 5/2/78 5/15/78 5/15/78 5/30/78 5.1607. 7-1/8% 7-7/8% 5.403% 5/3/77 2/13/75 8/15/75 5/31/77 2,966 3,960 4,423 2*454 2,966 3,006 2,882 2,454 954 39/ j 1,541 40/ Footnotes at end of Table Bill Note Note Bill •- 1/10/78 - l/31/78rJ ■: m - A • 5/2/78 ■ 5/15/78-D ■ 5/15/78-F • 5/30/78 2/2/76 ‘ 275 2,971 53 _ 312 _ _ - Bill Note Bill Note Note Turned in for cash 2/ 24/ 25/ 26/ 1 - _ _ - _ - Description of new securities offered (See also Table FD0-4) Treasury Bulletin 52 PUBLIC DEBT OPERATIONS Table PDO-7. - Disposition of Public Marketable Securities Other than Regular Weekly Treasury Bills—Continued Disposition offers tCalled or maturing securities 1/ Date of refunding or retire ment Issue date Description 7-1/8# 5.408$ 5/31/78-M T’POO onwr Ujr 'licaoLu jr Amount out standing 76 Cash retire ment Exchange security offered Results of exchange offers Exchanged Turned in for cash 2/ _ _ _ _ - - «- - 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 2,480 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 2,749 634 44/ 2,600 42/ 9/19/78 9/30/78 10/1/78 6.156# 6-1/4# 1-1/2# Bill Note Note 9/19/78 9/30/78-R 10/1/78-E0 9/20/77 9/30/76 10/1/73 3,036 3,195 3 3,036 2,6843 _ 10/17/78 10/31/78 6.6197. 5-7/8% Bill Note 10/17/78 10/31/78-S 10/18/77 11/01/76 3,162 2,921 3,162 2,718 203 48/ 11/14/78 11/15/78 11/30/78 6.542% 6% 5-3/4% Bill Note Note 11/14/78 11/15/78-B 11/30/78-T 11/15/77 11/15/71 11/30/76 3,587 8,207 2,941 3‘ ,’587 5,620 2,691 2,587 49/ 250 50/ - 12/12/78 12/31/78 12/31/78 1/09/79 6.545% 8-1/8% 5-1/4% 6.552% Bill Note Note Bill 12/12/78 12/31/78-H 12/31/78-U 1/9/79 12/13/77 10/22/75 12/31/76 1/10/78 3,838 2,517 3.376 3,205 3,838 1,875 3,131 3,205 _ _ _ - - 1/31/79 2/6/79 2/15/79 5-7/8% 6.814% 7% 5-7/8% 6.859% Note Bill Note Note Bill 1/31/79-L 2/6/79 2/15/79-H 2/28/79-M 3/6/79 2/3/77 2/7/78 2/17/76 2/28/77 3/7/78 2.855 3,253 4,692 2,845 3,321 2,704 3,253 2,961 2,477 3,321 V&3/79 4/30/79 6% 1-1/2# 6.877# 5-7/8% Note Note Bill Note 3/31/79-N 4/1/79-EA 4/3/79 4/30/79-P 3/31/77 4/1/74 4/4/78 5/2/77 3,519 2 3,346 1,992 2,879 2 3,346 1,833 159 57/ 5/1/79 5/15/79 7.073% 7-7/8% Bill Note 5/1/79 5/15/79-D 5/2/78 11/6/74 3,025 2,269 3,025 1,719 550 58/ 5/29/79 5/31/79 6/26/79 6/30/79 6/30/79 7.417% 6-1/8% 7.678% 7-3/4% 6-1/8% Bill Note Bill Note Note 5/29/79 5/31/79-Q 5/30/78 5/31/77 2,478 2,087 2,478 1,848 6/26/79 6/30/79-E 6/30/79-R 6/27/78 7/9/75 6/30/77 2,784 1,782 2,308 2,784 1,582 2,012 7/24/79 7/31/79 8/15/79 8/15/79 8/21/79 8/31/79 7.820% 6-1/4% 6-1/4% 6-7/8% 7.876% 6-5/8% Bill Note Note Note Bill Note 7/24/79 7/31/79-S 8/15/79-A 8/15/79-J 8/21/79 8/31/79-T 7/25/78 8/1/77 8/15/72 8/16/76 8/22/78 8/31/77 3,380 3,180 4,559 2,989 3,544 3,481 3,380 3,010 3,890 1,987 3,544 3,025 9/18/79 9/30/79 9/30/79 10/1/79 10/16/79 10/31/79 7.954% 8-1/2% 6-5/8% Bill Note Note 9/18/79 9/30/79-F 9/30/79*U 9/19/78 9/04/75 9/30/77 3,353 2,0$1 3,861 3,353 2,081 3,861 1-1/2% 8.272% 7-1/4% Note Bill Note lO/l/79-EO 10/16/79 10/31/79-V 10/1/74 10/17/78 10/31/77 1 3,4,74 4,334 1 3,474 4,334 11/13/79 11/15/79 11/15/79 11/15/79 11/30/79 J.2/11/79 12/31/79 12/31/79 1/8/80 9.312% 6-5/8% 7% 6-1/4% 7-1/87. 9*320% 7-1/2% 7-1/8% 9.605% Bill Note Note Note Note Bill Note Note Bill 11/13/79 11/15/79-R 11/15/79-C 11/15/79-K 11/30/79-W 12/11/79 12/31/79-G 12/31/79-X 1/8/80 11/14/78 2/15/73 11/15/73 11/15/76 11/30/77 12/12/78 1/6/76 1/3/78 1/9/79 3,896 1,604 2,241 3.376 4,791 4,029 2,006 3,920 3,778 3,896 1,604 2,241 3,376 4,791 4,029 2,006 3,920 3,778 5/31/78 6/27/78 6/30/78 7/25/78 7/31/78 6-7/8% 2/28/79 3/6/79 3/31/79 4/01/79 ■ « • • • • • ■ 2,567 m M 177 41/ — 794 42/ .. 375 42/ _ T _ - 20046/ 51142/ - - “ _ _ - - - - _ _ _ - - - _ - - 642 51/ 245 52/ - 151 53/ - 1,731 54/ 368 55/ “ 640 56/ - - _ 239 59/ - 200 60/ 296 61/ _ 170 62/ 669 63/ 1,002 64/ - 456 65/ - - _ - * _ . - “ - - - - _ _ _ _ _ - - _ _ _ _ - _ - _ - - - - - - - _ - _ - - - . - “ _ . . _ _ _ _ _ _ _ _ .. “ Description of new securities offered (See also Table PDO-4) January 1980 53 PUBLIC DEBT OPERATIONS. Footnotes to Table PDO-7 Sources Bureau of the Public Debt. 1/ Original call and maturity dates are used. 2/ All by investors other than Federal Reserve banks. 3/ Exchanged by Federal Reserve banks and Government accounts for $368 million of 77. notes of Series H-1979, $1,939 million, of 8% 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 77. notes of Series H-1979 issued February 15, 1976. 5/ Exchanged by Federal Reserve banks and Government accounts for 6-3/47. notes of Series K-1978 issued March 31, 1976. 6/ Exchanged by Federal Reserve banks and Government accounts for $276 million of 7-7/87o notes of Series A-1986 issued 5/17/76 and $85 million of 7-7/87. bonds of 1995-2000 issued May 17, 1976. 7/ Exchanged by Federal Reserve banks and Government accounts for $300 million of 6-1/27. notes of Series L-1978 and $196 million of 7-7/87. 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 7-1/87. notes of Series M-1978 issued June 1, 1976. 9/ Exchanged by Federal Reserve banks and Government accounts for 6-7/87. notes of Series N-1978 issued June 30, 1976. 10/ Exchanged by Federal Reserve banks and Government accounts for $700 million of 6-7/87. notes of Series J-1979, $60 million of 87. notes of Series B-1986, and $342 million 87. bonds of 1996-2001 issued August 16, 1976. 11/ Exchanged by Federal Reserve banks and Government accounts for $1,417 million of 87. notes of Series B-1986 and $250 million of 87. bonds of 1996-2001 issued August 16, 1976. 12/ Exchanged by Federal Reserve banks and Government accounts for 6-5/87. notes of Series Q-1978 issued August 31, 1976. 13/ Exchanged by Federal Reserve banks and Government accounts for 6-1/47. notes of Series R-1978 issued September 30, 1976. 14/ Exchanged by Federal Reserve banks and Government accounts for 5-7/87. notes of Series S-1978 issued November 1, 1976. 15/ Exchanged by Federal Reserve banks and Government accounts for $70 million of 6-1/47. notes of Series K-1979 and $50 million of 77. notes of Series B-1983 issued November 15, 1976. 16/ Exchanged by Federal Reserve banks and Government accounts for 5-3/47. notes of Series T-1978 issued November 30, 1976. 17/ Exchanged by Federal Reserve banks and Government accounts for 5-1/47. notes of Series U-1978 issued December 31, 1976. 18/ Exchanged by Federal Reserve banks and Government accounts for $1,300 million of 6-1/27. notes of Series C-1980, $881 million of 7-1/47. notes of Series A-1984 and $391 million of 7-5/87. bonds of 2002-2007 issued February 15, 1977. 19/ Exchanged by Federal Reserve banks and Government accounts for 5-7/87. notes of Series M-1979 issued February 28, 1977. 20/ Exchanged by Federal Reserve banks and Government accounts for 67. notes of Series N-1979 issued March 31, 1977. 21/ Exchanged by Federal Reserve banks and Government accounts for 5-7/87. notes of Series P-1979 issued May 2, 1977. 22/ Exchanged by Federal Reserve banks and Government accounts for 7-5/87. bonds of 2002-2007 issued May 16, 1977. 23/ Exchanged by Federal Reserve banks and Government accounts for $2,623 million of 7-1/47. notes of Series A-1984 and $373 million of 7-5/87. bonds of 2002-2007 issued May 16, 1977. 24/ Exchanged by Federal Reserve bapks and Government accounts for 6-1/87. notes of Series Q-1979 issued May 31, 1977. 25/ Exohanged by Federal Reserve banks and Government accounts for 6-1/87. notes of Series R-1979 issued June 30, 1977. 26/ Exchanged by Federal Reserve banks and Government accounts for 6-1/47. notes of Series S-1979 issued August 1, 1977. 27/ Exchanged by Federal Reserve banks and Government accounts for $425 million of 6-3/47. notes of Series H-1980, $300 million of 7-1/47. notes of Series B-1984, and $199 of 7-5/87. bonds of 2002-07 issued August 15, 1977. 28/ Exchanged by Federal Reserve banks and Government accounts for 6-5/87. notes of Series T-1979 issued August 31, 1977. 29/ Exchanged by Federal Reserve banks and Government accounts for 6-5/87. notes of Series U-1979 issued September 30, 1977. 30/ Exchanged by Federal Reserve banks and Government accounts for 7-1/47. notes of Series V-1979 issued October 31, 1977. 31/ Exchanged by Federal Reserve banks and Government accounts for $625 million of 7-1/87. notes of Series J-1980, $373 million of 7-5/87. notes of Series A-1987 and $240 million of 7-7/87. bonds of 2002-07 issued November 15, 1977. 32/ Exchanged by Federal Reserve banks and Government accounts for 7-1/87. notes of Series W-1979 issued November 30, 1977. 33/ 34/ 35/ 36/ 37/ 38/ 39/ 40/ 41/ 42/ 43/ 44/ 45/ 46/ 47/ 48/ 49/ 50/ 51/ 52/ 53/ 54/ 55/ 56/ 57/ 58/ 59/ 60 / “ 61/ — 62/ 63/ 64/ 65/ Exchanged by Federal Reserve banks and Government accounts for 7-1/27. notes of Series X-1979 issued January 3, 1978. Exchanged by Federal Reserve banks and Government accounts for 7-1/27. notes of Series K-1980 issued January 31, 1978. Exchanged by Federal Reserve banks and Government accounts for $1,000 million of 7-1/27. notes of Series M-1981, $200 million of 87. notes of Series A-1985, and $771 million of 8-1/47. bonds of 2000-05 issued February 15, 1978. Exchanged by Federal Reserve banks and Government accounts for 7-5/87. notes of Series L-1980 issued February 28, 1978., Exchanged by Federal Reserve banks and Government accounts for an additional amounts of 7-1/27. notes of Series C-1980 issued March 31, 1978. Exchanged by Federal Reserve banks and Government accounts for 7-3/47. notes of Series N-1980 issued May 1, 1978. Exchanged by Federal Reserve banks and Government accounts for $59 million of 8-1/47. notes of Series A-1988 and $895 million of 8-3/87. bonds of 1995-2000 issued May 15, 1978. Exchanged by Federal Reserve banks and Government accounts for 8-1/47. notes of Series A-1988 issued May 15, 1978. Exchanged by Federal Reserve banks and Government accounts for 87. notes of Series P-1980 issued May 31, 1978. Exchanged by Federal Reserve banks and Government accounts for 8-1/47. notes of Series Q-1980 issued June 30, 1978. Exchanged by Federal Reserve banks and Government accounts for 8-1/27. notes of Series R-1980 issued July 31, 1978. Exchanged by Federal Reserve banks and Government accounts for $34 million of 8-1/47. notes of Series B-1985 and $600 million of 8-3/87. bonds of 2003-2008 issued August 15, 1978. Exchanged by Federal Reserve banks and Government accounts for $1,200 million of 8-3/87. notes of Series N-1981 and $1,400 million of 8-1/47. notes of Series B-1985 issued August 15, 1978. Exchanged by Federal Reserve banks and Government accounts for 8-3/87. notes of Series S-1980 issued August 31, 1978. Exchanged by Federal Reserve banks and Government accounts for 8-5/87. notes of Series T-1980 issued October 2,1978. Exchanged by Federal Reserve banks and Government accounts for 8-7/87. notes of Series U-1980 issued October 31, 1978. Exchanged by Federal Reserve banks and Government accounts for $978 million of 9-1/47. notes of Series K-1982, $931 million of 8-3/47. notes of Series B-1988, and $678 million of 8-3/47. bonds of 2003-08 issued November 15, 1978. Exchanged by Federal Reserve banks and Government accounts for 9-1/47. notes of Series V-1980 issued November 30, 1978. Exchanged by Federal Reserve banks and Government accounts for $450 million of 9-7/87. notes of Series W-1980 and $192 million of notes of Series L-1982 issued January 2, 1979. Exchanged by Federal Reserve banks and Government accounts for 9-3/87. notes of Series L-1982 issued January 2, 1979. Exchanged by Federal Reserve banks and Government accounts for 9-3/47. notes of Series P-1981 issued January 31, 1979. Exchanged by Federal Reserve banks and Government accounts for $931 million of 97. notes of Series B-1987 and $800 million of 8-3/47. bonds of 2003-08 issued February 15, 1979. Exchanged by Federal Reserve banks and Government accounts for 9-3/47. notes of Series Q-1981 issued February 28, 1979. Exchanged by Federal Reserve banks and Government accounts for 9-5/87. notes of Series R-1981 issued April 9, 1979. Exchanged by Federal Reserve banks ;and Government accounts for 9-3/47. notes of Series S-1981 issued Apr;il 30, 1979. Exchanged by Federal Reserve banks 'and Government accounts for $350 million of 9-1/47. notes <of Series' i^-1989 and $200 million of 9-1/87. bonds of 2004-09 issued May 15, l!9^9. Exchanged by Federal Reserve banks and Government accounts for 9-3/47. notes of Series T-1981 issued May 31, 1979. Exchanged by Federal Reserve bankis tod Government accounts for 9-1/87. notes of Series U-1981 issued July '2, 1979. Exchanged by Federal Reserve bankis and Government accounts for $93 million of 9-1/87. notes of |Serie!s|'Ui-1981 and $203 million of 8-7/87. notes of Series E-1983 issued Juty 2, 1979. Exchanged by Federal Reserve batiks and Government accounts for 9-3/87. notes of Series V-1981 issued J u ^ 31, 1979. Exchanged by Federal Reservfe banks Jind Government accounts for 97. notes of Series M-1982 issued Augiist 15, 1979. Exchanged by Federal Reserve banks and Government accounts for $106 million of 97. notes of Series k-1982, $500 million of 97. notes of Series B-1987, and $396 million of 9-1/87. bonds of 2004-09 issued August 15, 1979. ( ' Exchanged by Federal Reserve banks and Government accounts for 9-5/87. notes of Series W-1981 issued August 31, 1979. 54 Treasury Bulletin PUBLIC DEBT OPERATIONS. Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions o f Foreign Countries (Payable in U.S. dollars; dollar amounts in millions) Amount Issue date Maturity date Interest rate (percent) Issued Retired Total outstanding end of month 1978-Jan. Bills.................... 11/28/77 1/03/78 Certificates of indebtedness. 10/05/77 10/06/77 10/14/77 10/17/77 10/24/77 10/26/77 1/03/78 1/05/78 1/06/78 1/09/78 1/10/78 1/12/78 1/13/78 1/16/78 1/17/78 1/24/78 1/25/78 1/26/78 1/26/78 1/05/78 1/06/78 1/13/78 1/17/78 1/24/78 1/26/78 4/03/78 4/05/78 4/06/78 4/10/78 4/10/78 4/12/78 4/13/78 4/17/78 4/17/78 4/24/78 4/25/78 4/26/78 4/26/78 6.15 6.10 6.15 6.15 6.20 6.20 6.15 6.15 6.15 6.15 6.70 6.70 6.70 6.70 6.55 6.45 6.45 6.45 6.45 4/01/76 10/29/76 11/28/77 1/04/78 1/06/78 1/06/78 1/06/78 1/31/78 1/31/78 1/31/78 1/30/78 1/31/78 3/31/78 1/31/78 2/28/78 1/31/78 11/30/79 12/31/79 6.375 5.70 6.375 6.75 6.375 8.00 6.375 7.125 7.125 8/04/77 2/02/78 2/02/78 8/03/78 11/02/77 11/14/77 11/22/77 11/25/77 2/01/78 2/02/78 2/14/78 2/14/78 2/16/78 2/16/78 2/17/78 2/21/78 2/21/78 2/22/78 2/23/78 2/24/78 2/24/78 2/27/78 2/28/78 Feb. Bills. Certificates of indebtedness. Mar. Bills. Certificates of indebtedness. 300 _ - 27 9 49 17 18 17 3 67 9 178 75 146 269 86 74 18 29 33 19 - - 100 29 300 300 100 100 - - 100 50 50 - - - 40 - 40 - 2/02/78 2/14/78 2/22/78 2/24/78 5/02/78 5/02/78 5/16/78 5/16/78 5/16/78 5/16/78 5/17/78 5/22/78 5/22/78 5/22/78 5/23/78 5/24/78 5/24/78 5/26/78 5/29/78 6.30 6.20 6.10 6.10 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.45 _ - 45 19 13 45 7 45 29 2 21 122 33 27 263 13 92 45 64 17 23 . - 6/28/76 10/29/76 12/19/77 1/04/78 1/06/78 3/31/78 4/28/78 2/28/78 3/31/78 2/28/78 6.75 5.80 8.00 6.75 8.00 - 100 30 300 300 100 9/08/79 12/01/77 3/02/78 3/09/78 3/21/78 3/21/78 3/27/78 3/27/78 3/30/78 3/30/78 3/09/78 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 . - - 43 47 47 43 250 - - 250 12/05/77 12/06/77 12/07/77 12/08/77 12/09/77 12/12/77 12/13/77 12/14/77 12/15/77 12/16/77 12/16/77 12/19/77 12/20/77 12/21/77 12/22/77 12/23/77 12/27/77 3/06/78 3/06/78 3/07/78 3/08/78 3/09/78 3/13/78 3/13/78 3/14/78 3/15/78 3/16/78 3/16/78 3/20/78 3/20/78 3/21/78 3/22/78 3/23/78 3/28/78 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 3/30/78 6/02/78 6/02/78 6/06/78 6/06/78 6/07/78 6/08/78 6.15 6.45 6.45 6.45 6.45 6.35 6.35 - 21,659 - 150 - - 150 350 300 - “ . - 36 12 62 21 46 28 30 18 33 23 23 16 14 24 8 59 27 - 84 45 45 36 12 62 21 - - 21,510 January 1980 55 ____________PUBLIC DEBT OPERATIONS____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions o f Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities 1978-Mar.- Continued Certificates of indebtness........... Notes................................. Apr. Bills................................. Certificates of indebtedness........ May Bills................................. Issue date Maturity date Interest rate (percent) Issued 6/09/78 6/13/78 6/13/78 6/14/78 6/15/78 6/15/78 6/15/78 6/16/78 6/16/78 6/16/78 6/20/78 6/20/78 6/21/78 6/22/78 6/23/78 6/28/78 6/29/78 6/29/78 6/30/78 6.35 6.35 6.35 6.30 6.30 6.30 6.30 6.30 6.30 6.30 6.30 6.30 6.35 6.35 6.35 6.35 59 27 14 14 84 7/19/72 10/29/76 3/22/78 3/22/78 4/28/78 2/15/85 5.95 5.80 7.90 _ 500 500 37 - 10/13/77 10/13/77 4/13/78 4/13/78 4/13/78 4/13/78 10/12/78 10/12/78 - 40 216 40 209 - 1/03/78 1/05/78 1/05/78 1/05/78 1/06/78 1/09/78 1/09/78 1/10/78 1/10/78 1/12/78 1/12/78 1/13/78 1/13/78 1/13/78 1/16/78 1/16/78 1/17/78 1/17/78 1/17/78 1/24/78 1/25/78 1/25/78 1/26/78 1/26/78 1/26/78 1/26/78 4/03/78 4/05/78 4/05/78 7/05/78 4/06/78 4/10/78 4/10/78 4/10/78 4/10/78 4/12/78 4/12/78 4/13/78 4/13/78 4/13/78 4/17/78 4/17/78 4/17/78 4/17/78 4/17/78 4/24/78 4/25/78 4/25/78 4/26/78 4/26/78 4/26/78 4/26/78 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 _ 3 27 40 27 9 89 89 38 38 73 73 49 4/03/78 4/04/78 4/04/78 4/05/78 4/05/78 4/06/78 4/06/78 4/10/78 4/10/78 4/10/78 4/10/78 4/10/78 4/12/78 4/12/78 4/13/78 4/13/78 4/13/78 4/13/78 4/17/78 4/17/78 4/17/78 4/17/78 4/17/78 4/17/78 4/24/78 4/24/78 4/25/78 4/25/78 4/26/78 4/26/78 4/26/78 7/03/78 7/05/78 7/05/78 7/05/78 7/05/78 7/06/78 7/06/78 7/10/78 7/10/78 7/10/78 7/10/78 7/10/78 7/12/78 7/12/78 7/13/78 7/13/78 7/13/78 7/13/78 7/17/78 7/17/78 7/17/78 7/17/78 7/17/78 7/17/78 7/24/78 7/24/78 7/25/78 7/25/78 7/26/78 7/26/78 7/26/78 6.35 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.40 6.15 6.15 6.30 6.30 6.30 6.30 6.30 3 35 35 27 40 9 89 89 38 38 73 73 49 4/07/72 10/29/76 4/07/78 4/07/78 4/28/78 3/31/85 6.20 11/10/77 5/11/78 5/11/78 11/9/78 - 5.80 8.05 _ 8 - - 110 110 43 43 17 29 29 18 15 15 17 8 8 19 19 400 400 29 - 275 265 43 43 17 29 29 18 15 15 8 8 22,614 - 9 89 48 17 18 - 110 110 Total outstanding end of month - 3/09/78 3/13/78 3/13/78 3/14/78 3/15/78 3/15/78 3/15/78 3/16/78 3/16/78 3/16/78 3/20/78 3/20/78 3/21/78 3/22/78 3/23/78 3/28/78 3/29/78 3/29/78 3/30/78 6.20 6.20 6.20 46 28 30 18 137 137 33 23 49 49 16 14 24 Retired 22,438 56 Treasury Bulletin ___________ PUBLIC DEBT OPERATIONS____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions o f Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities 1978-Mav Continued Certificates of indebtedness... . Notes........................... June Bills........................... Issue date Maturity date Interest rate (percent) Issued - 2/01/78 2/01/78 2/02/78 2/14/78 2/14/78 2/14/78 2/14/78 2/16/78 2/16/78 2/16/78 2/17/78 2/17/78 2/21/78 2/21/78 2/21/78 5/02/78 5/02/78 5/02/78 5/16/78 5/16/78 5/16/78 5/16/78 5/16/78 5/16/78 5/16/78 5/17/78 5/17/78 5/22/78 5/22/78 5/22/78 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.45 6.50 6.50 6.50 2/21/78 2/21/78 2/21/78 2/22/78 2/23/78 2/23/78 2/24/78 2/24/78 2/24/78 2/27/78 2/27/78 2/28/78 2/28/78 3/06/78 3/06/78 3/07/78 3/08/78 3/09/78 3/13/78 3/13/78 3/14/78 3/15/78 3/16/78 3/20/78 3/20/78 3/21/78 3/22/78 3/23/78 4/10/78 4/12/78 4/13/78 4/17/78 4/17/78 4/25/78 4/26/78 4/26/78 5/02/78 5/02/78 5/02/78 5/02/78 5/02/78 5/16/78 5/16/78 5/16/78 5/16/78 5/16/78 5/16/78 5/17/78 5/17/78 5/22/78 5/22/78 5/22/78 5/22/78 5/23/78 5/23/78 5/24/78 5/24/78 5/26/78 5/26/78 5/29/78 5/29/78 5/22/78 5/22/78 5/22/78 5/22/78 5/23/78 5/23/78 5/24/78 5/24/78 5/24/78 5/26/78 5/26/78 5/29/78 5/29/78 6/06/78 6/06/78 6/07/78 6/08/78 6/09/78 6/13/78 6/13/78 6/14/78 6/15/78 6/16/78 6/20/78 6/20/78 6/21/78 6/22/78 6/23/78 7/10/78 7/12/78 7/13/78 7/17/78 7/17/78 7/25/78 7/26/78 7/26/78 8/02/78 8/02/78 8/02/78 8/02/78 8/02/78 8/16/78 8/16/78 8/16/78 8/16/78 8/16/78 8/16/78 8/17/78 8/17/78 8/22/78 8/22/78 8/22/78 8/22/78 8/23/78 8/23/78 8/24/78 8/24/78 8/25/78 8/25/78 8/29/78 8/29/78 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.45 6.45 6.45 6.45 6.35 6.35 6.35 6.35 6.35 6.30 6.30 6.30 6.30 6.30 6.20 6.20 6.20 6.45 6.40 6.40 6.40 6.40 6.30 6.30 6.30 6.50 6.50 6.50 6.50 6.50 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.50 6.50 6.50 6.50 6.50 6.50 6.65 6.65 10/29/76 7/28/78 5.95 - 3/30/78 3/30/78 6/22/78 6/29/78 3/02/78 3/02/78 3/15/78 3/15/78 3/16/78 3/16/78 3/23/78 3/28/78 3/29/78 3/29/78 3/30/78 5/16/78 6/02/78 6/02/78 6/15/78 6/15/78 6/16/78 6/16/78 6/23/78 6/28/78 6/29/78 6/29/78 6/30/78 8/16/78 6.45 6.45 6.30 6.30 6.30 6.30 6.20 6.35 6.35 6.35 6.35 6.35 - - - - 3 3 45 5 5 61 61 17 17 88 88 44 44 46 46 32 32 9 9 12 12 - - Retired Total outstanding end of month 3 3 45 5 5 2 19 21 61 61 17 17 88 88 44 44 16 11 13 46 46 32 32 45 9 9 12 12 12 36 62 21 46 28 30 18 33 23 14 16 24 28 6 38 73 110 43 29 15 8 19 3 45 5 23 37 350 300 45 45 137 137 49 49 33 27 14 14 84 38 21,476 January 1980 57 ___________ PUBLIC DEBT OPERATIONS____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities 1978-June - Continued Certificates of indebtedness....... Issue date Maturity date Interest rate (percent) 5/17/78 5/22/78 6/02/78 8/17/78 8/22/78 9/01/78 6.35 6.35 6.65 45 6/02/78 6/15/78 6/15/78 6/16/78 6/16/78 6/27/78 6/29/78 6/29/78 9/01/78 9/15/78 9/15/78 9/15/78 9/15/78 9/27/78 9/29/78 9/29/78 6.65 6.65 6.65 6.65 6.65 7.00 7.00 7.00 45 137 137 49 49 5 14 14 10/29/76 7/28/78 5.95 - 30 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 6.40 6.40 6.40 6.40 6.30 6.30 6.35 6.35 6.50 6.50 6.50 6.65 6.65 6.65 7.05 7.05 7.05 7.05 7.05 7.05 7.05 7.05 7.05 7.05 7.20 7.20 7.20 7.20 7.20 7.20 6.95 6.95 4/07/72 10/29/76 7/07/78 7/28/78 7/28/78 5/15/85 2/02/78 3/02/78 8/03/78 8/31/78 6.20 5.95 8.50 - 35 35 40 1 11 89 38 73 110 43 29 15 8 _ 400 _ - 3 35 35 40 89 38 73 110 43 29 15 8 44 44 46 32 9 12 45 9 . 40 89 38 73 107 400 29 40 47 5/02/78 5/16/78 5/16/78 5/17/78 5/22/78 5/22/78 5/23/78 5/24/78 5/26/78 5/29/78 6/15/78 7/13/78 7/17/78 7/17/78 7/26/78 7/25/78 8/07/78 8/07/78 8/10/78 8/10/78 8/14/78 8/14/78 8/16/78 8/16/78 8/16/78 8/16/78 8/17/78 8/18/78 8/18/78 8/18/78 8/21/78 8/21/78 8/21/78 8/02/78 8/16/78 8/16/78 8/17/78 8/22/78 8/22/78 8/23/78 8/24/78 8/25/78 8/29/78 9/15/78 10/13/78 10/17/78 10/17/78 10/26/78 10/25/78 11/02/78 11/03/78 11/10/78 11/10/78 11/14/78 11/14/78 11/16/78 11/16/78 11/16/78 11/16/78 11/17/78 11/20/78 11/20/78 11/20/78 11/21/78 11/21/78 11/21/78 6.50 6.35 6.35 6.35 6.35 6.35 6.50 6.50 6.50 6.65 6.65 7.20 7.20 7.20 6.95 6.95 6.90 6.90 6.80 6.80 6.80 6.80 6.90 6.90 6.90 6.90 6.90 6.90 6.90 6.90 6.90 6.90 6.90 . - 3 61 5 17 88 44 46 32 9 12 102 3 43 29 8 15 Issued - Retired Total outstanding end of month 17 44 - - 20,558 July Aug. Bills........................... Certificates of indebtedness....... . - 2 3 39 39 41 41 15 45 45 19 17 21 21 6 9 32 32 - ' 19,952 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 Securities 1978-Au r .- Continued Certificates of indebtedness......... Notes................................. Sept. Bills................................. Certificates of indebtedness........ Oct. Bills................................. Certificates of indebtedness........ Issue date Maturity date Interest rate (percent) Issued 88 8/22/78 8/22/78 8/23/78 8/23/78 8/23/78 8/23/78 8/24/78 8/25/78 8/25/78 8/25/78 8/29/78 8/31/78 8/31/78 8/31/78 11/21/78 11/21/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/29/78 11/30/78 11/30/78 11/30/78 7.30 7.30 7.30 7.30 7.30 7.30 7.30 7.30 7.30 7.30 7.35 7.35 7.35 7.35 10/29/76 8/08/78 8/09/78 10/30/78 7/31/79 7/31/79 6.00 _ 6.25 6.25 400 850 3/09/78 9/07/78 6/02/78 6/15/78 6/15/78 6/16/78 6/16/78 6/27/78 6/29/78 6/29/78 7/05/78 8/10/78 8/16/78 8/17/78 8/22/78 8/22/78 8/23/78 8/24/78 9/01/78 9/15/78 9/15/78 9/15/78 9/15/78 9/15/78 9/21/78 9/22/78 9/26/78 9/26/78 9/26/78 9/27/78 9/27/78 9/27/78 9/27/78 9/28/78 9/29/78 9/29/78 9/29/78 9/29/78 9/07/78 3/08/79 9/01/78 9/15/78 9/15/78 9/15/78 9/15/78 9/27/78 9/29/78 9/29/78 10/05/78 11/10/78 11/16/78 11/17/78 11/21/78 11/21/78 11/24/78 11/24/78 12/01/78 12/15/78 12/15/78 12/15/78 12/15/78 12/15/78 12/21/78 12/22/78 12/27/78 12/27/78 12/27/78 12/27/78 12/27/78 12/27/78 12/27/78 12/28/78 12/29/78 12/29/78 12/29/78 12/29/78 6.65 6.65 6.65 6.65 6.65 7.00 7.00 7.00 7.05 6.80 6.90 6.90 7.30 7.30 7.30 7.30 7.35 7.70 7.70 7.70 7.70 7.70 7.90 7.90 43 . 45 137 49 27 27 7/19/72 10/01/76 10/29/76 9/22/78 9/22/78 9/30/78 10/30/78 8/15/85 10/12/78 4/13/78 4/13/78 7/05/78 7/05/78 7/06/78 8/10/78 8/14/78 8/16/78 8/18/78 8/18/78 8/21/78 8/24/78 8/25/78 8/29/78 9/01/78 9/15/78 9/15/78 10/05/78 10/05/78 10/05/78 10/05/78 10/05/78 10/05/78 10/06/78 10/06/78 10/06/78 10/12/78 10/12/78 10/12/78 44 46 6 33 33 32 9 10 10 12 19 43 43 Retired _ 37 - 8.50 _ 500 500 400 30 - 4/12/79 10/12/78 10/12/78 - 226 - 40 216 10/05/78 10/05/78 10/05/78 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 _ 35 52 52 35 11/10 11/14/ 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 6.00 6.25 6.00 8.20 8.20 8.20 8.20 8.20 8.20 8.20 8.20 8.20 8.25 8.25 8.25 9 10 10 5 13 26 26 26 6 1 11 53 20 34 34 26 39 19 21,415 88 34 34 14 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 3 22 i 43 45 26 137 49 49 5 14 14 35 19 15 17 44 46 4 - 10 Total outstanding end of month 1 11 19 41 45 5 16 1 28 9 12 45 137 * “ 20,912 59 January 1980 ___________ PUBLIC DEBT OPERATIONS____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries—Continued (Payable to U.S. dollars; dollar amounts In millions) Amount Securities 1978-Oct.- Continued Certificates of indebtedness....... Notes............................ Nov. Bills........................... Certificates of indebtedness....... Issue date Maturity date Interest rate (percent) Issued Retired 27 14 10 54 27 25 11 6 6 243 120 157 77 75 37 - _ _ 450 29 100 400 475 25 450 500 300 _ 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 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 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 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 11/03/78 11/10/78 11/14/78 11/16/78 11/16/78 11/20/78 11/20/78 11/21/78 11/21/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/30/78 11/30/78 11/30/78 6.90 6.90 6.80 6.80 6.90 6.90 6.90 6.90 6.90 6.90 7.30 7.30 7.30 7.30 7.30 7.30 7.35 7.35 7.35 _ _ _ - 2 3 39 41 45 19 6 21 31 9 6 13 33 20 10 10 19 43 43 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 _ - 49 5 14 9 1 3 26 8 11/01/78 11/01/78 11/01/78 11/02/78 11/02/78 11/03/78 11/03/78 11/03/78 11/03/78 11/03/78 11/06/78 11/06/78 11/06/78 11/06/78 11/08/78 11/08/78 11/10/78 11/10/78 11/10/78 11/10/78 11/10/78 11/10/78 11/13/78 11/13/78 11/13/78 11/14/78 11/14/78 11/14/78 11/14/78 11/15/78 11/15/78 11/15/78 11/16/78 11/16/78 11/16/78 11/20/78 11/20/78 2/01/79 2/01/79 2/01/79 2/02/79 2/02/79 2/02/79 2/02/79 2/02/79 2/02/79 2/02/79 2/06/79 2/06/79 2/06/79 2/06/79 2/08/79 2/08/79 2/09/79 2/09/79 2/09/79 2/09/79 2/09/79 2/09/79 2/13/79 2/13/79 2/13/79 2/14/79 2/14/79 2/14/79 2/14/79 2/15/79 2/15/79 2/15/79 2/16/79 2/16/79 2/16/79 2/20/79 2/20/79 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 8.45 9.05 9.05 9.05 9.05 9.05 9.05 9.05 9.05 9.05 9.05 9.05 8.60 8.60 8.60 8.60 8.60 8.60 8.60 8.60 8.60 8.60 8.60 8.60 5 104 51 2 - 8.25 8.25 8.25 8.20 8.20 8.20 8.20 8.20 8.20 7.90 7.90 7.90 7.90 8.45 8.45 6.20 6.00 5.875 8.625 6.625 6.625 8.55 7.25 7.125 Total outstanding end of month 23,315 - 2 3 289 142 128 - - 3 72 50 287 141 27 13 75 39 504 70 40 - - 13 30 37 213 3 10 41 153 12 31 195 45 19 - - 19 6 21 - 60 Treasury Bulletin ____________PUBLIC DEBT OPERATIONS____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities Issue date Maturity date Interest rate (percent) 11/20/78 11/21/78 11/21/78 11/21/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/24/78 11/29/78 11/30/78 11/30/78 11/30/78 2/20/79 2/21/79 2/21/79 2/21/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/23/79 2/28/79 3/01/79 3/01/79 3/01/79 8.60 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 8.70 9.20 9.20 9.20 9.20 1/29/76 10/29/76 11/15/78 1/29/79 6.00 6.05 9/15/78 9/15/78 9/15/78 9/15/78 9/15/78 9/21/78 9/22/78 9/26/78 9/26/78 9/26/78 9/27/78 9/27/78 9/27/78 9/27/78 9/28/78 9/28/78 9/29/78 9/29/78 9/29/78 12/15/78 12/15/78 12/15/78 12/15/78 12/15/78 12/21/78 12/22/78 12/27/78 12/27/78 12/27/78 12/27/78 12/27/78 12/27/78 12/27/78 12/28/78 12/28/78 12/29/78 12/29/78 12/29/78 7.70 7.70 7.70 7.70 7.70 7.90 7.90 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 8.10 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 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 2/09/79 2/14/79 2/14/79 2/16/79 2/23/79 2/23/79 3/01/79 3/01/79 3/01/79 8.45 9.05 8.60 8.60 8.60 8.70 8.70 9.20 9.20 9.20 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 3/07/79 3/12/79 3/12/79 3/13/79 3/13/79 3/15/79 3/15/79 3/15/79 3/15/79 3/19/79 3/19/79 3/19/79 3/21/79 3/22/79 3/27/79 3/27/79 3/27/79 3/27/79 3/27/79 3/27/79 3/28/79 3/28/79 3/30/79 3/30/79 3/29/79 3/29/79 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 Issued Retired Total outstanding end of month 1978-Nov.- Continued Notes........................... Dec. Certificates of indebtedness...... . 9 32 62 122 19 33 20 10 10 20 17 20 6 25 20 43 43 - 6 9 6 1 50 19 79 9 25 5 38 5 5 88 105 133 464 27 27 65 164 28 7 90 100 17 54 10 10 26 26 4 77 38 198 34 34 3 8 * 27 27 3 22 9 10 10 10 3 26 26 20 6 6 34 34 5 22 18 9 1 7 50 26 4 37 1 5 4 19 16 27 11 “ 25,967 January 1980 61 ___________ PUBLIC DEBT OPERATIONS____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions o f Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities Issue date Maturity date Interest rate (percent) Issued Retired Total outstanding end of month 1978-Dec.- Continued 1979-Jan. Certificates of indebtedness......... Feb. Certificates of indebtedness......... 10/29/76 12/06/78 6.05 - 15 10/05/78 10/05/78 10/06/78 10/06/78 10/06/78 10/12/78 10/12/78 10/12/78 10/13/78 10/13/78 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 - 52 52 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 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 8.25 8.25 8.25 8.25 8.25 12 ^ 34 34 26 39 19 27 14 10 7.90 7.90 7.90 7.90 8.45 8.45 _ . - 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 - 5 128 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 _ - 15 1/02/79 1/03/79 1/03/79 1/04/79 1/05/79 1/05/79 1/05/79 1/08/79 1/12/79 1/12/79 1/18/79 1/18/79 1/18/79 1/19/79 1/19/79 1/26/79 1/26/79 1/30/79 1/30/79 1/31/79 1/31/79 4/02/79 4/03/79 4/03/79 4/04/79 4/05/79 4/05/79 4/05/79 4/09/79 4/12/79 4/12/79 4/18/79 4/18/79 4/18/79 4/19/79 4/19/79 4/26/79 4/26/79 4/30/79 4/30/79 4/30/79 4/30/79 9.40 9.40 9.40 9.40 9.40 9.40 9.40 9.40 9.35 9.35 9.45 9.45 9.45 9.45 9.45 9.30 9.30 9.35 9.35 9.35 9.35 90 34 235 116 149 74 71 35 10/29/76 1/29/79 6.05 - 18 11/01/78 11/01/78 11/03/78 11/03/78 11/06/78 11/06/78 11/06/78 11/08/78 11/08/78 11/10/78 11/10/78 11/10/78 11/10/78 11/13/78 11/13/78 11/13/78 11/14/78 11/14/78 11/14/78 11/15/78 11/15/78 11/15/78 11/24/78 11/24/78 11/24/78 11/24/78 2/01/79 2/01/79 2/02/79 2/02/79 2/06/79 2/06/79 2/06/79 2/08/79 2/08/79 2/09/79 2/09/79 2/09/79 2/09/79 2/13/79 2/13/79 2/13/79 2/14/79 2/14/79 2/14/79 2/15/79 2/15/79 2/15/79 2/23/79 2/23/79 2/23/79 2/23/79 8.45 8.45 8.45 8.45 8.45 8.45 8.45 9.05 9.05 9.05 9.05 9.05 9.05 9.05 9.05 9.05 8.60 8.60 8.60 8.60 8.60 8.60 8.70 8.70 8.70 8.70 _ _ _ _ _ - 104 51 289 142 50 287 141 27 13 75 504 70 40 30 37 213 3 8.20 8.20 8.20 8.20 8.20 8.20 12 21 89 89 - 10 67 33 55 54 27 11 6 27,398 25 54 27 11 6 6 243 120 157 77 75 38 22 10 33 21 32 33 10 24 19 2 27 10 26 10 24 34 - 86 - 10 153 12 31 195 17 20 19 122 26,928 62 Treasury Bulletin ___________ PUBLIC DEBT OPERATIONS____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities 1979-Feb.- Continued Certificates of indebtedness........ Issue date Maturity date Interest rate (percent) Issued Retired 11/24/78 11/29/78 2/23/79 2/28/79 8.70 9.20 - 12/01/78 12/06/78 12/07/78 12/07/78 12/12/78 12/12/78 12/13/78 12/18/78 12/19/78 12/27/78 12/27/78 12/29/78 12/29/78 3/01/79 3/06/79 3/07/79 3/07/79 3/12/79 3/12/79 3/13/79 3/19/79 3/19/79 3/27/79 3/27/79 3/29/79 3/30/79 9.20 9.00 9.00 9.00 8.95 8.95 8.95 8.95 ' 9.25 9.35 9.35 9.35 9.35 - 1/03/79 1/04/79 1/05/79 1/05/79 1/12/79 1/12/79 1/18/79 1/18/79 1/19/79 1/19/79 1/26/79 1/26/79 1/30/79 1/30/79 1/31/79 1/31/79 4/03/79 4/04/79 4/05/79 4/05/79 4/12/79 4/12/79 4/18/79 4/18/79 4/19/79 4/19/79 4/26/79 4/26/79 4/30/79 4/30/79 4/30/79 4/30/79 9.00 9.40 9.40 9.40 9.35 9.35 9.45 9.45 9.45 9.45 9.30 9.30 9.35 9.35 9.35 9.35 - 2/01/79 2/01/79 2/01/79 2/01/79 2/02/79 2/02/79 2/02/79 2/02/79 2/02/79 2/02/79 2/06/79 2/06/79 2/06/79 2/07/79 2/07/79 2/07/79 2/08/79 2/08/79 2/08/79 2/08/79 2/08/79 2/09/79 2/09/79 2/09/79 2/09/79 2/09/79 2/13/79 2/14/79 2/15/79 2/23/79 2/28/79 5/02/79 5/02/79 5/02/79 5/02/79 5/02/79 5/02/79 5/02/79 5/02/79 5/02/79 5/02/79 5/07/79 5/07/79 5/07/79 5/07/79 5/07/79 5/07/79 5/08/79 5/08/79 5/08/79 5/08/79 5/08/79 5/09/79 5/09/79 5/09/79 5/09/79 5/09/79 5/14/79 5/14/79 5/15/79 5/23/79 5/31/79 9.35 9.35 9.35 9.35 9.35 9.35 9.35 9.35 9.35 9.35 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.25 9.25 9.25 9.30 9.45 96 47 287 141 284 140 57 26 - 4/07/72 2/07/79 1/29/79 2/07/79 2/14/86 4/30/79 6.25 9.05 6.15 _ 400 - 400 15 Bills................................. 9/07/78 3/08/79 - - 43 Certificates of indebtedness........ 12/01/78 12/06/78 12/07/78 12/12/78 12/13/78 12/15/78 12/18/78 12/21/78 12/22/78 12/27/78 12/28/78 12/28/78 12/29/78 3/01/79 3/06/79 3/07/79 3/12/79 3/13/79 3/15/79 3/19/79 3/21/79 3/22/79 3/27/79 3/28/79 3/28/79 3/30/79 9.20 9.00 9.00 8.95 8.95 8.95 8.95 9.25 9.25 9.35 9.35 9.35 9.35 _ - 2/02/79 2/06/79 2/06/79 2/08/79 2/08/79 2/09/79 2/09/79 5/02/79 5/07/79 5/07/79 5/08/79 5/08/79 5/09/79 5/09/79 9.35 9.20 9.20 9.20 9.20 9.20 9.20 - 90 194 215 3/01/79 3/06/79 3/07/79 6/01/79 6/06/79 6/07/79 9.45 9.40 9.40 82 26 - 39 - - 62 25 9 5 5 5 35 53 133 28 7 2 17 34 38 12 21 89 3 33 67 27 54 6 11 116 235 149 74 71 35 47 96 143 130 54 12 11 15 - - 11 6 - 13 27 16 514 71 72 23 218 157 198 210 Total outstanding end of month 6 - 23 - 24,877 Mar. 79 25 38 105 464 65 164 90 100 54 77 4 198 13 27 71 112 63 January 1980 PUBLIC DEBT OPERATIONS. Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Issue date 1979-Mar.- Continued Certificates of indebtedness. Apr. Bills. Certificates of indebtedness. May Bills. Certificates of indebtedness. June Bills. Certificates of indebtedness. Certificates of indebtedness. Maturity date Interest rate (percent) 3/12/79 3/13/79 3/15/79 3/19/79 3/21/79 3/22/79 3/27/79 3/28/79 3/30/79 6/12/79 6/13/79 6/15/79 6/19/79 6/21/79 6/22/79 6/27/79 6/29/79 6/29/79 9.40 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 4/07/72 10/29/76 10/29/76 10/29/76 3/07/79 3/07/79 4/30/79 7/30/79 10/29/79 3/31/86 6.25 6.15 6.20 6.25 9.15 10/12/78 4/12/79 4/12/79 10/11/79 _ 1/02/79 1/03/79 1/08/79 1/18/79 4/02/79 4/03/79 4/09/79 4/18/79 9.40 9.40 9.40 9.45 2/09/79 2/13/79 2/14/79 2/15/79 2/23/79 2/28/79 5/09/79 5/14/79 5/14/79 5/15/79 5/23/79 5/31/79 9.20 9.25 9.25 9.25 9.30 9.45 3/01/79 3/06/79 3/07/79 3/12/79 3/13/79 3/15/79 3/19/79 3/21/79 3/22/79 3/27/79 3/28/79 3/30/79 6/01/79 6/06/79 6/07/79 6/12/79 6/13/79 6/15/79 6/19/79 6/21/79 6/22/79 6/27/79 6/28/79 6/29/79 9.45 9.40 9.40 9.40 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.50 4/02/79 4/02/79 4/03/79 4/09/79 4/18/79 7/02/79 7/02/79 7/03/79 7/09/79 7/18/79 9.50 9.50 9.50 9.60 9.65 4/07/72 6/30/77 4/06/79 4/30/79 10/29/76 4/06/79 4/30/79 4/30/86 1/31/81 10/29/79 6.25 5.875 9.10 9.75 6.25 11/09/78 5/10/79 5/10/79 11/08/79 2/07/79 2/08/79 2/09/79 4/02/79 4/03/79 4/09/79 4/18/79 7/19/72 8/01/77 5/15/79 5/31/79 5/07/79 5/08/79 5/09/79 7/02/79 7/03/79 7/09/79 7/18/79 9.20 9.20 9.20 9.50 9.50 9.60 9.65 5/15/79 5/31/79 5/15/86 2/28/81 6.05 6.125 9.30 9.75 _ _ Issued 108 476 67 168 89 99 54 81 194 ~ “ 400 _ 237 88 33 10 53 450 50 - _ 303 500 50 Retired 400 47 24,008 226 90 34 10 55 402 218 157 198 210 26 82 26 39 108 476 67 168 89 99 54 81 193 56 " 450 50 1 21,266 288 57 16 72 32 33 10 53 500 50 “ 9/21/79 9/25/79 9/26/79 9/27/79 9/28/79 9/28/79 9/28/79 8.90 8.90 8.80 8.80 8.80 8.80 8.80 341 251 206 260 36 39 230 21 36 _ 6/01/79 5/31/80 8.00 230 - 7/31/79 7/31/79 4/29/80 6/24/80 6/22/79 6/29/79 7/03/79 7/10/79 7/11/79 7/16/79 7/17/79 7/18/79 7/18/79 7/19/79 7/20/79 7/23/79 9/21/79 9/28/79 10/03/79 10/10/79 10/11/79 10/16/79 10/17/79 10/18/79 10/18/79 10/19/79 10/22/79 10/23/79 400 450 51 100 15 12 54 170 32 176 192 36 115 36 " 6/27/79 6/28/79 9/18/79 9/27/79 6/22/79 6/25/79 6/26/79 6/27/79 6/29/79 6/28/79 6/29/79 _ 8.90 8.80 9.00 9.30 9.30 9.30 9.35 9.35 9.35 9.35 9.35 9.35 Total outstanding end of month 21,008 “ - _ 22,657 Treasury Bulletin 64 ___________ PUBLIC DEBT OPERATION S____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities 1979-July- Continued Certificates of indebtedness........ Notes................................. Aug. Certificates of indebtedness........ Notes................................. Sept. Bills................................. Notes................................. Oct. Bills.................................. Issue date Maturity date Interest rate (percent) Issued Retired 7/24/79 7/25/79 7/26/79 7/30/79 10/24/79 10/25/79 10/26/79 10/30/79 9.50 9.50 9.50 9.50 147 156 168 99 - 7/19/72 12/12/77 8/08/78 8/09/78 7/16/79 7/31/79 7/16/79 7/31/79 7/31/79 7/31/79 7/31/86 4/30/80 6.10 6.25 6.25 6.25 9.35 7.75 500 400 500 50 400 850 - 6/22/79 6/25/79 7/18/79 8/14/79 9/21/79 9/25/79 10/18/79 11/14/79 8.90 8.90 9.35 9.50 82 91 36 32 9/06/77 12/12/77 8/15/79 8/31/79 - 200 - 50 6/27/79 6/28/79 9/18/79 9/27/79 - - 341 251 6/25/79 6/26/79 6/27/79 6/28/79 6/29/79 9/25/79 9/26/79 9/27/79 9/28/79 9/28/79 8.90 8.80 8.80 8.80 8.80 - 224 36 39 9/07/79 9/10/79 9/11/79 9/12/79 9/14/79 9/17/79 9/20/79 9/21/79 9/21/79 9/21/79 9/24/79 9/24/79 9/24/79 12/07/79 12/10/79 12/11/79 12/12/79 12/14/79 12/17/79 12/20/79 12/21/79 12/21/79 12/21/79 12/27/79 12/27/79 12/27/79 9.85 9.85 10.55 10.55 10.55 10.55 10.35 10.35 10.35 10.35 10.35 10.35 10.35 101 125 - 9/24/79 9/25/79 9/25/79 9/25/79 9/25/79 9/25/79 9/25/79 9/26/79 9/27/79 9/28/79 9/28/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/28/79 12/28/79 10.35 10/05/78 10/06/78 12/12/77 9/30/79 9/30/79 9/30/79 6.875 6.625 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 6.625 6.625 6.625 204 117 22 114 124 165 125 285 14 160 160 245 258 250 237 - 10/03/79 10/10/79 10/11/79 10/16/79 10/17/79 10/18/79 10/19/79 10/22/79 10/23/79 10/24/79 10/25/79 10/26/79 10/30/79 9.00 9.30 9.30 9.30 9.35 9.35 9.35 9.35 9.35 9.50 9.50 9.50 9.50 - 9/24/79 9/25/79 9/25/79 9/25/79 9/25/79 9/25/79 9/25/79 9/26/79 9/26/79 9/27/79 9/27/79 9/28/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/79 12/27/70 12/27/79 12/27/79 12/27/79 12/28/79 10.35 - 10/01/79 10/01/79 10/01/79 10/03/79 10/03/79 1/03/80 1/02/80 1/03/80 1/03/80 1/03/80 10.00 10.00 10*00 10.35 10.35 21 475 25 50 7/03/79 7/10/79 7/11/79 7/16/79 7/17/79 7/18/79 7/19/79 7/20/79 7/23/79 7/24/79 7/25/79 7/26/79 7/30/79 - 3 89 54 108 23,538 230 - 10/11/79 3/03/80 4/01/80 6/19/80 23,865 - 160 - 4/12/79 10/25/79 10/25/79 10/31/79 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 - 203 18 53 53 37 40 262 219 - Total outstanding end of month 21 53 - 51 100 15 12 54 170 176 192 36 147 156 168 99 14 31 7 14 28 18 102 10 27 1 39 54 * " 23,965 65 January 1980 _____________PUBLIC DEBT OPERATIONS_____________ Table PDO-8. - Foreign Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries—Continued (Payable in U.S. dollars; dollar amounts in millions) Amount Securities 1979-Oct.-Continued Certificates of indebtedness......... Issue date 10/03/79 10/10/79 10/11/79 10/16/79 10/17/79 10/18/79 10/19/79 10/22/79 10/23/79 10/24/79 10/25/79 10/26/79 10/30/79 Maturity date Interes t rate (percent) 1/03/80 1/10/80 1/11/80 1/16/80 1/17/80 1/18/80 1/21/80 1/22/80 1/23/80 1/24/80 1/25/80 1/28/80 1/30/80 10.35 10.80 10.80 11.85 11.85 11.85 11.85 11.85 12.95 12.95 12.95 12.95 12.25 7.25 Notes............................... 10/06/78 10/31/79 Nov, 5/10/79 11/19/79 11/29/79 11/29/79 11/29/79 11/30/79 11/08/79 5/01/80 6/02/80 7/01/80 8/01/80 9/02/80 - 8/14/79 9/28/79 9/28/79 9/28/79 9/28/79 10/01/79 10/03/79 11/14/79 11/14/79 12/28/79 12/28/79 12/28/79 12/28/79 1/03/80 1/03/80 2/14/80 9.50 10.00 10.00 10.00 10.00 10.00 10.35 12;05 3/25/77 6/30/77 1/31/78 10/10/78 11/15/79 11/15/79 11/30/79 11/30/79 7.00 6.25 7.125 7.125 12/19/79 12/21/79 12/21/79 12/31/79 12/31/79 6/02/80 9/02/80 8/01/80 10/01/80 12/01/80 9/07/79 9/10/79 9/11/79 9/12/79 9/14/79 9/17/79 9/20/79 9/21/79 9/24/79 9/25/79 9/28/79 9/28/79 9/28/79 12/07/79 12/10/79 12/11/79 12/12/79 12/14/79 12/17/79 12/20/79 12/21/79 12/27/79 12/27/79 12/28/79 12/28/79 12/28/79 10/03/79 10/10/79 10/11/79 10/16/79 10/17/79 10/17/79 10/18/79 1/03/80 1/10/80 1/11/80 1/16/80 1/17/80 1/17/80 1/18/80 10.35 10.80 10.80 11.85 11.85 , 11.85 11.85 12/05/79 12/07/79 12/10/79 12/11/79 12/12/79 12/13/79 12/14/79 12/14/79 12/17/79 12/20/79 12/21/79 12/27/79 12/28/79 12/28/79 12/31/79 3/05/80 3/07/80 3/10/80 3/11/80 3/12/80 3/13/80 3/14/80 3/14/80 3/17/80 3/20/80 3/21/80 3/27/80 3/28/80 3/28/80 3/31/80 11.95 11.95 11.95 12.05 12.05 12.05 12.05 12.05 12.05 12.25 12.25 12.10 12.10 12.10 12.10 7/18/77 1/31/78 12/31/79 12/31/79 7.50 7.125 Dec. Bills............................... Certificates of indebtedness.... . Source: Bureau of the Public Debt* _ _ _ _ _ _ . _ 9.85 9.85 10.55 10.55 10.55 10.55 10.35 10.35 10.35 10.00 10.00 10.00 10.00 Issued Retired - 9 104 15 13 55 172 177 194 36 148 156 168 99 _ 500 _ 303 23,860 230 266 268 161 255 _ _ _ _ _ Total outstanding end of month _ _ - 82 37 26 56 51 3 9 83 _ _ _ 29 12 101 66 22 _ _ _ _ _ _ _ _ _ _ _ _ _ 44 105 213 121 23 37 119 77 130 172 296 216 31 222 61 - 260 50 50 300 23,895 _ _ _ _ 101 204 117 22 114 124 165 285 160 53 20 18 219 54 27 15 13 38 17 150 _ _ _ _ _ _ _ _ . 400 50 23,551 Treasury Bulletin 66 .PUBLIC DEBT OPERATIONS. Table PDO-9. - Foreign Currency Series Securities (Nonmarketable) Issued to Official Institutions of Foreign Countries (Dollar amounts in millions) Amount (Dollar equivalent) Securities Payable in — Issue date Maturity date Interest rate (percent) Issued Retired Total outstanding end of month 1978-Jan. Feb. Notes................... - 28 30 - 1,128 2 36 4 1,087 144 31 - 1,035 17 7 50 - 995 5.25 - 52 943 6/09/78 9/08/78 10/29/79 5.25 5.90 7.95 - 75 85 31 - 901 3/08/77 4/18/77 9/08/78 10/18/78 ,5.90 5.60 - 19 22 861 Swiss francs 4/18/77 10/18/78 5.60 - 52 809 Swiss francs 4/18/77 10/18/78 5.60 - 41 768 Swiss francs Swiss francs 10/18/78 10/18/78 7/06/79 9/10/79 9.00 9.00 7 2 - Swiss francs 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 5 45 9 - Swiss Swiss Swiss Swiss 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 9.70 145 3 17 130 Swiss francs Swiss francs 5/26/77 8/19/77 11/27/78 2/20/79 6.10 6.60 - 350 14 Swiss francs Swiss francs Swiss francs 7/07/76 8/06/76 1/06/79 1/06/78 2/06/78 7/06/79 6.70 6.50 7.05 Swiss francs Swiss francs Swiss francs 8/06/76 8/20/76 9/10/76 2/06/78 2/20/78 3/10/78 6.50 6.35 6.20 - Swiss francs Swiss francs Swiss francs 9/10/76 10/08/76 3/10/78 3/10/78 4/07/78 9/10/79 6.20 5.95 7.40 - 124 Swiss francs Swiss francs Swiss francs 10/08/76 10/29/76 4/28/78 4/07/78 4/28/78 10/29/79 5.95 5.80 7.70 Swiss francs 12/10/76 6/09/78 Swiss francs Swiss francs Swiss francs 12/10/76 3/08/77 6/09/78 Swiss francs Swiss francs 17 - - Mar. Apr. - May June July Aug. Sept. Oct. Certificates............. Nov. Certificates............. - 727 - - 657 Dec. Swiss francs 11/27/78 2/20/79 9.00 - 48 Swiss francs 8/19/77 2/20/79 6.60 - 8 600 Swiss francs 11/27/78 2/20/79 9.00 - 69 531 Swiss francs Swiss francs Swiss francs 11/27/78 11/27/78 9/01/77 2/27/79 3/01/79 3/01/79 9.00 9.00 6.40 - 28 3 25 475 Swiss Swiss Swiss Swiss francs francs francs francs 10/18/78 10/18/78 11/27/78 11/28/78 7/06/79 9/10/79 7/06/79 2/20/79 9.00 9.00 9.70 9.30 Swiss Swiss Swiss Swiss Swiss Swiss francs francs francs francs francs francs 10/20/77 1/06/78 3/10/78 4/28/78 6/09/78 10/18/78 4/20/79 7/06/79 9/10/79 10/29/79 10/29/79 10/29/79 7.15 7.05 7.40 7.70 7.95 8.95 _ - Swiss francs 10/18/78 10/29/79 8.95 1979-Jan. Feb. Certificates....... ..... Mar. Certificates............. - 7 ,2 130 17 - - - 82 17 124 17 75 2 3 ” 3 - , Apr. January 1980 67 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 Securities Payable in — Notes /Deutsche marks \ Deutsche marks 1979-Jan........ Notes fSwiss francs \ Swiss francs Mar.•••••••• Notes 1978-Dec........ Nov. Notes Issue date Maturity date Interest rate (percent) Issued 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 / Deutsche marks \Deutsche marks 3/1/79 3/1/79 9/1/81 9/1/82 6.30 6.70 680 671 /Deutsche marks VDeutsche marks 11/12/79 11/12/79 5/12/82 5/12/83 8.55 8.50 451 668 Retired J 0 Total outstanding end of month 1,595 - ) : )J 2,798 4,150 - 5,269 68 Treasury Bulletin .UNITED STATES SAVINGS BONDS Series E and Series H are rently and sold* Series H has A - D were been on only savings bonds cur April 30, 1957. on sale since May 1, 1941, sale since June 1, 1952. sold from March 1, 1935 Series F and G were 1952. the Series E has been were sold and other terms appear in the Series Treasury Bulletins of April 1951, May 1952, May 1957, October through April 30, 1941. and December 1959, May and October 1961, June 1968, and Sep sold from May 1, 1941 through April 30, Series J and K Details of the principal changes in issues, interest yields, maturities, from May 1, 1952 tember 1970; through and the Annual Report of the Secretary of the Treasury for fiscal years 1966 through 1977. Table SB-1. - Sales and Redemptions by Series, Cumulative through December 81, 1979 (In millions of dollars) Amount outstanding Series Sales plus accrued discount Accrued discount Sales 1/ Redemptions If Series J and K ................... 3,949 213,152 28,396 3,556 1,054 61,047 1,125 198 5,003 274,199 29,521 3,754 5,001 194,682 29,516 3,754 Total A-K........................ 249,043 63,424 312,477 232,953 Series A-D 2/.................... Series E and H.................... Interestbearing debt Matured non-interestbearing debt 3 79,517 - - - 5 - 79,517 7 Footnotes at end of Table SB-4. Table SB-2. - Sales and Redemptions by Periods, All Series Combined Redemptions 1/ Period Sales 1/ Accrued discount Sales dIus accrued discount Sales price 3/ Total Fiscal years: 1935-70.......... 1971............ 1972............ 1973............ 1974............ 1975............ 19?6............ T.Q............. 1977............ 1978............ 1979............ Calendar years: 1935-68......... 1969............ 1970............ 1971............ 1972............ 1973............ 1974............ 1975............ 1976............ 1977............ 1978............ Month: Amount outstanding Accrued discount Interestbearing debt Matured non-interestbearing debt 184,355 5,082 5,940 6,514 6,429 6,826 7,293 1,833 7,895 8,026 7,295 32,788 2,056 2,130 2,564 2,749 3,252 3,496 902 3,827 4,104 4,318 217,204 7,138 8,249 9,078 9,178 10,078 10,790 2,735 11,722 12,131 11,613 165,868 5,425 5,338 5,586 6,681 6.519 6.543 1,717 7,064 7,747 10,975 147,756 4,342 4,306 4,494 5,366 5*173 "5,153 1,346 5,495 5,971 8,148 18,112 1,083 1,032 1,092 1,314 1,346 1,409 371 1,567 1,776 2,827 51,281 53,003 55,921 59,418 61,921 65,482 69,733 70,752 75,411 79,798 80,440 55 46 39 34 29 27 23 22 21 16 13 177,594 4,393 4,665 5,477 6,236 6,270 6,862 7,038 7,555 7,954 7,959 30,044 1,832 1,909 2,192 2,426 2,673 2,994 3,368 3,597 3,910 4,180 207,699 6,224 6,574 7,66*9 8,662 8,943 9,856 10,406 11,152 11,863 11,898 155,671 6,639 6,295 5,244 5,365 6,211 6,829 6,292 6,771 7,110 8,195 139,407 5,457 5,072 4,224 4,322 4,945 5,476 4,959 5,288 5,520 6,312 16,264 1,182 1,223 1,021 1,043 1,266 1,354 1,332 1,483 1,590 1,883 51,917 51,549 51,842 54,275 57,579 60,317 63,349 67,464 71,853 76,602 80,546 112 64 50 42 37 31 26 25 17 21 18 1978-Dec......... 576 373 950 737 570 166 80,546 18 1979-Jan......... Feb......... 677 616 623 671 618 560 401 366 356 368 350 350 1,078 982 980 1,039 968 910 1,210 936 1,025 1,030 964 879 928 616 750 748 702 642 281 251 276 283 263 237 80,414 80,459 80,417 80,426 80,430 80,460 18 18 14 14 14 13 600 625 493 578 372 339 341 352 333 908 985 897 1,192 1,295 1,003 661 719 656 873 949 729 247 265 241 319 346 274 80,524 80,503 80,440* 80,178 79,669 79,517 13 13 13 13 453 473 972 964 831 930 786 845 June...... Aug......... Oct......... Nov......... Dec......... Footnotes at end of Table SB-4. 372 13 7 January 1980 69 _______________________________________ UNITED STATES SAVINGS BONDS____________________________________ Table SB-3. - Sales and Redemptions by Periods, Series E through K (In millions of dollars) Redemptions 1/ Period Sales *1/ Accrued discount accrued discount Sales price 3/ Total Amount outstanding Accrued discount 3/ Interes t-bearing debt Matured non-interestbearing debt E and H Fiscal years: 1941-70.................... 1971....................... 1972....................... 1973....................... 1974....................... 1975....................... 1976....................... T.Q........................ 1977........................ 1978....................... 1979....................... 148,455 5,082 5,939 6,514 6,429 6,826 7,293 1,833 7,895 8,026 7,295 3&,411 2,056 2,310 2,564 2,749 3,252 3,496 902 3,827 4,104 4,318 178,927 7,138 8,249 9,078 9,178 10,078 10,790 2,735 11,722 12,131 11,613 127,646 5,416 5,331 5,581 6,675 6,517 6,539 1,715 7,063 7,743 10,972 111,791 4,334 4,294 4,490 5,361 5,172 5,130 1,345 5,495 5,968 8,143 15,854 1,082 1,037 1,091 1,314 1,345 1,409 371 1,567 1,775 2,828 51,281 53,003 55,921 59,418 61,921 65,482 69,733 70,752 75,411 79,798 80,440 - Calendar years: 1941-68.................... 1969................ ...... 1970....................... 1971....................... 1972....................... 1973....................... 1974....................... 1975....................... 1976........ ............... 1977....................... 1978... ................... ; 141,755 4,393 4,665 5,477 6,236 6,270 6,862 7,038 7,555 7,954 7,959 27,667 1,832 1,909 2,192 2,426 2,673 2,994 3,368 3,597 3,910 4,180 169,422 6,244 6,574 7,669 8,662 8,943 9,856 10,406 11,152 11,853 12,139 117,532 6,565 6,281 5,237 5,359 6,206 6,284 6,290 6,762 7,114 8,195 103,538 5,391 5,060 4,217 4,311 4,972 5,471 4,959 5,281 5,524 6,312 13,994 1,173 1,221 1,020 1,049 1,234 1,353 1,331 1,481 1,591 1,883 51,890 51,549 51,842 54,275 57,579 60,317 63,349 67,464 71,853 76,602 80,546 - Months: 1978-Dec................... 576 373 950 735 568 166 80,546 - 1979-Jan................... Feb.................... Mar................... Apr................... 677 616 623 671 618 560 401 366 356 368 350 350 1,078 982 980 1,039 968 910 1,2*0 936 1,022 1,030 964 879 928> 616 745 748 702 642 281 251 278 283 263 237 80,414 80,459 80,417 80,426 80,430 80,460 _ _ - July.................. 600 625 493 578 453 473 372 339 341 352 333 372 972 964 834 930 786 845 908 985 897 1,192 1,295 997 661 719 656 873 949 724 247 265 241 319 346 273 80,524 80,503 80,440 80,178 79,669 79,517 _ _ - Oct................... _ _ Series F,Cv,J , and 1C, coinibined 4/ Fiscal years: 1941-70.................... 1971....................... 1972....................... 1973....................... 1974....................... 1975....................... 1976....................... T.Q........................ 1977....................... 1978....................... 1979....................... Calendar years: 1941-68.................... 1969....................... 1970....................... 1971....................... 1972....................... 1973....................... 1974....................... 1975....................... 1976....................... 1977................... 1978....................... Months: 1978-Dec.................... 1979-Jan.................... Feb.................... Mar.................... Apr.................... May.................... July................... 33,226 8 6 5 5 1 4 1 1 4 3 31,911 7 5 4 4 1 3 1 1 3 3 1,315 1 1 1 1 * * * * 1 * _ _ _ - 49 41 34 30 25 24 20 19 18 13 10 1,323 * . _ _ _ _ - 33,274 * _ _ _ _ _ - 33,143 74 13 7 5 5 5 1 8 -4 3 31,837 65 11 6 5 4 4 * 6 -3 2 1,305 9 2 1 1 1 1 * 2 -1 1 27 _ _ _ _ _ - 104 58 44 37 32 27 22 21 13 18 15 " _ _ - -2 * _ 16 - - _ _ _ - _ 3 - -2 _ _ 5 _ - - _ _ _ _ _ _ _ _ 1,323 _ - - _ _ - _ _ _ _ _ - 31,951 _ _ _ - - - _ - _ _ _ _ _ _ 6 Footnotes at end of Table SB-4. - 33,274 . _ . _ _ - 31,951 _ 5 _ -2 _ - _ _ _ _ - _ _ _ _ _ _ _ _ 1 “ _ 16 16 14 11 11 10 10 10 10 10 10 5 Treasury Bulletin 70 ------------------------------ UNITED STATES SAVINGS BONDS____________________ Table SB-3. - Sales and Redemptions by Periods, Series E through K—Continued (In millions of dollars) Redemptions 1/ Period Sales 1/ Accrued discount Sales plus accrued discount Total Sales price 3/ Accrued discount 3/ Exchange of E bonds for H bonds Amount outstanding (interestbearing debt) Series E Fiscal years: 1941-70.................. 1971..................... 1972..................... 1973..................... 1974..................... 1975..................... 1976..................... T.Q...................... 1977..................... 1978..................... 1979..................... 137,805 4,870 5,650 6,190 6,145 6,503 6,975 1,761 7,576 7,774 7,061 30,411 2,056 2,310 2,564 2,749 3,252 3,496 902 3,827 4,104 4,318 168,216 6,926 7,960 8,755 8,894 9,755 10,471 2,663 11,403 11,879 11,379 121,838 4,959 4,972 5,209 6,156 6,063 6,114 1,611 6,638 7,244 10,151 105,984 3,877 3,932 4,118 4,842 4,717 4,705 1,241 5,070 5,469 7,323 15,854 1,082 1,037 1,090 1,314 1,346 1,409 371 1,567 1,775 2,828 2,211 231 292 338 310 310 326 80 313 325 345 44,167 45,902 48,598 51,806 54,234 57,617 61,648 62,621 67,073 71,383 72,266 Calendar years: 1941-68.................. 1969..................... 1970..................... 1971..................... 1972..................... 1973..................... 1974..................... 1975..................... 1976..................... 1977..................... 1978..................... 131,302 4,221 4,503 5,218 5,922 5,988 6,524 6,729 7,245 7,638 7,718 27,667 1,832 1,909 2,192 2,426 2,673 2,994 3,368 3,597 3,910 4,180 158,970 6,052 6,412 7,411 8,348 8,661 9,518 10,097 10,841 11,548 11,898 112,840 5,835 5,626 4,871 5,007 5,740 6,318 5,886 6,336 6,686 7,645 98,845 4,661 4,405 3,851 3,958 4,507 4,965 4,555 4,855 5,095 5,762 13,994 1,173 1,221 1,020 1,049 1,234 1,353 1,331 1,481 1,591 1,883 1,908 180 228 249 329 319 310 326 327 303 333 44,222 44,259 44,818 47,108 50,120 52,723 55,613 59,498 63,676 68,235 72,154 Months: 1978-Dec................. 556 373 929 679 512 166 24 72,154 1979-Jan................. Feb................. Mar................. Apr................. May................. June................ 659 598 598 658 607 548 401 366 356 368 350 350 1,060 964 954 1,026 957 908 1,125 866 939 958 891 805 844 615 662 676 628 567 281 251 277 283 263 237 32 28 38 31 35 29 72,057 72,127 72,105 72,142 72,173 72,238 July................ Aug................. Sept................ 372 574 490 557 456 466 372 339 341 352 333 372 943 913 831 908 789 838 836 915 831 1,100 1,193 909 589 650 590 781 847 636 247 265 241 319 346 273 22 20 35 24 40 24 72,323 72,302 72,266 72,051 71,608 71,512 - 2,211 231 292 338 310 310 326 80 313 325 345 7,114 7,101 7,323 7,612 7,686 7,865 8,084 8,131 8,338 8,415 8,174 1,908 180 228 249 329 319 310 326 327 303 333 7,668 7,290 7,025 7,167 7,458 7,594 7,736 7,966 8,177 8,368 8,392 Dec.............. Series H Fiscal years: 1952-70.................. 1971..................... 1972..................... 1973..................... 1974..................... 1975..................... 197A..................... TtQ...................... 1977..................... 1978..................... 1979..................... Calendar years: 1952-68.................. 1969..................... 1970..................... 1971..................... 1972..................... 1973..................... 1974..................... 1975..................... 1976..................... 1977..................... 1978..................... Months: 1978-Dec................. 1979-Jan................. Feb................. Mar................. May................. July................ Oct................. Dec..... ............ Footnotes at end of Table SB-4. 10,711 212 289 322 284 324 318 72 319 251 234 - - - 10,711 212 289 322 284 324 318 72 319 251 234 5,808 457 359 372 519 455 425 104 425 498 820 5,808 457 359 372 519 455 425 104 425 498 820 10,452 172 162 259 314 282 338 309 310 316 240 4,692 730 655 366 353 465 506 404 427 428 550 4,692 730 655 366 353 465 506 404 427 428 550 10,452 172 162 259 314 282 338 309 310 316 240 - 20 - 20 56 56 18 18 26 13 11 12 - 18 18 26 13 11 12 85 71 83 72 74 74 85 71 83 72 74 74 28 51 3 21 -3 7 72 70 66 93 102 88 72 70 66 93 102 88 28 51 3 21 -3 7 - - - - - - - - . " 24 8,392 32 28 38 31 35 29 8,357 8,332 8,312 8,284 8,256 8,222 22 20 35 24 40 24 8,201 8,201 8,174 8,126 8,061 8,005 71 Treasury Bulletin ________ TTMTTF.n STATES SAVINGS BONDS_______________ Table SB-4. - Redemptions of Matured and Unmatured Savings Bonds (In millions of dollars) Matured Period Total Total Unmatured Unclassified 1£/ Series E and H Other Total Series E and H Other Fiscal_years: 1951-64..................... 1965........................ 1966........................ 1967........................ 1968........................ 1969........................ 1970........................ 1971........................ 1972........................ 1973........................ 1974........................ 1975........................ 1976........................ T.Q......................... 1977........................ 1978........................ 1979........................ 87,140 5,346 5,724 5,922 5,982 6,339 6,748 5,425 5,338 5,586 6,681 6,517 6,543 1,689 7,064 7,747 10,975 39,488 2,184 2,253 2,471 2,548 2,560 2,792 2,490 2,043 2,126 2,729 2,544 2,820 797 3,578 3,157 5,654 22,025 1,938 1,973 2,059 2,289 2,417 2,762 2,481 2,036 2,121 2,724 2,545 2,816 794 -577 3,153 5,651 17,463 246 280 412 260 143 29 9 7 5 5 -1 4 3 1 4 3 48,043 3,284 3,300 3,351 3,401 3,566 3,842 3,660 3,317 3,393 3,847 3,776 3,772 891 3,487 4,690 4,927 38,949 3,165 3,196 3,273 3,376 3,560 3,842 3,660 3,317 3,393 3,847 3,776 3,772 891 3,487 4,590 4,927 9,094 118 104 79 25 6 - - -197 Calendar years: 1951-68..................... 1963........................ 1964........................ 1965........................ 1966........................ . 1967........................ 1968........................ 1969........................ 1970........................ 1971........................ 1972........................ 1973........................ 1974........................ 1975........................ 1976........................ 1977........................ 1978........................ 82,001 5,021 5,252 5,441 6,000 5,793 6,133 6,639 6,295 5,244 5,365 6,210 6,833 6,291 6,771 7,110 8,200 37,947 2,043 2,171 2,148 2,472 2,386 2,652 2,686 2,841 2,022 2,053 2,508 2,627 2,481 3,275 2,556 3,129 19,528 1,617 1,889 1,932 2,080 2,041 2,443 2,601 2,827 2,014 2,047 2,505 2,622 2,481 3,275 2,556 3,125 18,419 426 9/ 282 216 391 345 209 84 15 8 6 3 5 * 8 -4 4 44,054 3,031 3,157 3,287 3,384 3,413 3,455 3,726 3,885 3,305 3,337 3,578 3,789 3,955 3,487 4,553 5,071 33,923 2,905 3,026 3,176 3,277 3,370 3,441 3,724 3,885 3,305 3,337 3,578 3,789 3,955 3,487 4,553 5,071 10,131 125 131 111 107 44 13 2 - -5 -52 -76 6 144 -7 26 228 -431 -83 -24 123 417 -145 - 1978-Dec...................... 735 413 410 329 329 - - 1979-Jan...................... Feb...................... Mar...................... Apr...................... May...................... 1,210 936 1,025 1,030 964 880 291 434 965 606 548 505 291 434 962 606 548 504 375 384 806 470 463 446 375 384 806 470 463 446 - 543 117 -746 -46 -47 -71 908 985 898 1,192 1?295 1,003 466 393 558 n.a. n.a. n.a. 466 393 557 n.a. n.a. n.a. 416 317 587 n.a. n.a. n.a. 416 317 587 n.a. n.a. n.a. - - - - -391 -121 172 99 33 213 115 -725 -23 67 104 198 - Months: Source: Monthly Statement of the Public Debt of the U.S.; Office of Mar ket Analysis, United States Savings Bonds Division. Note: In these tables sales of Series A-F and J bonds are included at is sue price, and redemptions and amounts outstanding at current redemp tion value. Series G,H, and K are included at face value throughout. Matured bonds which have been redeemed are included in redemptions. Matured J and K bonds outstanding are included in the interest-bearing debt until all bonds of the annual series have matured, and are then transferred to matured debt on which interest has ceased. 1/ Sales and redemption figures include exchanges of minor amounts of (1) matured Series E bonds for Series G and K bonds from May 1951 through April 1957; (2) Series F and J bonds for Series H bonds beginning January 1960; and (3) U.S. savings notes for Series H bonds beginning January 1972; however, they exclude exchanges of Series E bonds for Series H bonds, which are reported in Table SB-3. 2/ Details by series on a cumulative basis and by periods of Series A-D combined will be found in the February 1952 and previous issues of the Treasury Bulletin. 3/ Because there is a normal lag in classifying redemptions, the distri bution of redemption between sales price and;accrued discount has been estimated. Beginning with the Treasury Bulletin of March 1961 the -2 3 - 1 _ - 1 n.a. n.a. n.a. 4/ , 5/ 6/ 7/ 8/ 9/ 10/ * n.a. - n.a. n.a. n.a. 25 275 -247 n.a. n.a. n.a. method of distributing redemptions between sales price and accrued discount has been changed to reflect the distribution shown in final reports of classified redemption. All periods shown have been revised on this basis. Series F and G sales were discontinued April 30, 1952, and Series J and K sales were discontinued April 30, 1957. Sales figures after April 30, 1957, represent adjustments. Includes exchanges of Series 1941 F and G savings bonds for 3-1/47. marketable bonds of 1978-83. Includes exchanges of Series 1948 F and G bonds for 4-3/47. marketable notes of 1964. Includes exchanges of Series 1949 F and G bonds for 47. marketable bonds of 1969. Includes exchanges of Series 1960 F and G bonds for 3-7/87. marketable bonds for 1968. Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/87. marketable bonds of 1971 and 47. marketable bonds of 1980. Represents changes in the amounts of redemptions not yet classified between matured and unmatured issues. Less than $500,000. Not available. Treasury Bulletin 12 JJNITED STATES SAVINGS BONDS Table SB-5. - Sales and Redemptions by Denominations, Series E and H U Combined (In thousands of pieces) Period Total all denominations $10 2/ $25 $50 $75 3/ $100 $200 4/ $500 $1,000 $5,000 $10,000 5/ 6/ Sales 1/ Fiscal years: 1941-70............... 1971....;.'............. 1972.................. 1973.................. 1974.................. 1975.................. 1976.... .............. T.Q................... 1977.... *............. 1978p................. Calendar years: 1941-68............... 1968.................. 1969.................. 1970.................. 1971.................. 1972.................. 1973.................. 1974.................. 1975.................. 1976.................. 1977.................. 1978p................. Months: 1978-Oct................. 3,166,361 121,544 127,671 134,552 134,854 136,600 142,539 35,704 146,927 151,726 20,502 . 3,011,648 118,955 116,123 120,130 123,637 130,568 132,920 147,359 138,421 145,757 147,960p 152,005 20,502 - Dec................. 12,791 12,531 12,870 1979-Jan................. Feb................. Mar................. 14,169 12,427 12,714 12,829 12,450 11,919 July................ Fiscal years: 1941-70........ ......... 1971..... *.............. 1972............. ...... : 1973.................... 1974.................... 1975.................... T.Q.................... 1977..... *....... ..... 1978p...... .,......... . Calendar years* 1941-68................ 1968.................. . 1969.................... 1970....... ............ 1971............... . 1972................... 1973................... 1974................... 1975................. . 1976................... 1977................... 1978................... Months: 1978-Oct................. - - - - _ - _ - - - _ - 2,077,757 76,103 76,616 78,859 78,605 77,493 79,243 19,612 79,530 81,242 605,594 28,034 30,131 32,265 32,789 33,591 35,388 8,970 37,088 36,684 9,860 1,989 2,304 2,518 2,758 2,969 3,243 836 3,512 3,785 340,429 12,073 14,177 15,862 16,204 17,442 18,955 4,841 20,424 21,549 22,372 1,159 1,443 1,651 1,581 1,763 1,975 511 2,188 2,311 43,724 1,122 1,502 1,688 1,451 1,620 1,770 441 1,910 1,883 45,407 1,050 1,476 1,684 1,452 1,706 1,950 485 2,256 2,253 461 12 18 20 11 13 11 2 12 9 256 3 4 5 3 3 4 1 7 7 1,960,048 78,023 77,911 77,828 .75,726 77,330 77,747 85,595 77,629 80,308 79,769 81,283 583,248 25,694 24,332 26,583 28,914 31,040 32,164 35,621 34,189 36,433 37,446 38,893 8,518 1,925 1,659 1,853 2,139 2,397 2,604 3,037 3,103 3,372 3,577 3,826 326,545 10,563 9,805 11,049 13,022 15,012 15,744 17,891 18,148 19,686 20,705 21,678 21,054 945 828 1,007 1,284 1,547 1,592 1,753 1,866 2,071 2,226 2,312 44,367 932 818 950 1,292 1,613 1,538 1,672 1,692 1,816 1,926 1,821 46,456 853 753 848 1,229 1,606 1,511 1,763 1,778 2,055 2,293 2,163 669 10 7 8 15 20 17 23 12 11 11 8 223 12 11 4 4 3 3 4 4 5 7 7 6,893 6,712 7,022 3,323 3,267 3,324 333 324 327 1,811 1,795 1,801 184 182 178 122 126 111 123 125 105 * 1 * * * * 7,890 6,645 6,659 3,550 3,232 3,421 345 321 338 1,911 1,771 1,858 193 177 187 132 125 122 145 153 127 1 * 1 1 1 * 6,805 6,523 6,297 3,356 3,372 3,218 332 326 321 1,847 1,824 1,717 194 177 172 139 112 99 156 115 94 * * * * * 1 3,183 3,265 2,895 318 320 '285 1,710 1,734 1,522 167 173 149 108 106 84 114 108 76 * * * * * * 505,748 39,342 60,800 63,866 834 338 11,834 11,853 10,394 - 6,239 6,147 5,385 4,485,984 20,502 2,811,693 943,404 2,645,859 102,145 103,651 106,065 120,258 115,941 116,842 31,340 123,459 130,036 20,005 21 17 16 15 16 13 11 1,796,072 66,127 65,832 65,880 72,588 69,534 68,965 18,427 71,211 73,381 490,733 22,659 23,921 25,089 29,137 28,411 29,134 7,855 31,599 33,649 5,207 1,327 1,577 1,784 2,215 2,239 2,486 668 2,712 2,992 258,776 9,313 9,689 10,515 12,768 12,490 13,036 3,532 14,420 16,021 13,604 740 776 855 1,080 1,035 1,074 291 1,211 1,393 30,231 943 899 955 1,196 1,091 1,065 282 1,140 1,266 30,853 988 917 948 1,228 1,095 1,056 275 1,126 1,289 239 18 14 16 23 20 18 5 20 12 122 10 6 7 12 10 8 2 7 22 2,493,384 119,958 109,053 30 118,230 30 112,394 27 101,593 18 103,513 , 16 18 112,552 124,308 13 113,343 14 120,594 14 123,650p 11 12 133,775 1,691,480 70,014 76,000 72,693 65,206 64,990 68,679 74,867 67,511 70,637 70,996 74,713 457,939 24,201 25,976 24,444 22,990 24,252 26,914 30,405 27,983 30,347 31,736 34,743 3,358 1,105 1,270 1,280 1,434 1,670 1,957 2,362 2,340 2,582 2,750 3,127 248,162 10,482 11,371 10,586 9,366 9,953 11,735 13,157 12,361 13,661 14,613 16,866 12,863 822 - 908 867 743 797 991 1,088 1,020 1,135 1,231 1,499 29,305 1,125 1,254 1,169 893 905 1,106 1,175 1,047 1,098 1,146 1,368 30,01*3 1,232 1,373 1,284 921 906 1,125 1,192 1,031 1,087 1,139 1,411 203 27 31 28 14 14 20 24 18 21 20 24 103 14 17 15 7 6 9 12 18 7 9 12 , 2 3 2 1 1 1 - - 39,460 Redemptions 7/ 11,066 11,178 11,703 1 1 1 6,m 6,159 6,540 2,887 2,887 2,998 262 266 277 1,416 1,468 1,493 128 140 136 115 129 122 123 141 134- 1979-Jan................. Feb................. Mar................. 15,300 12,876 14,295 2 2 2 7,824 6,856 7,716 4,150 3,373 3,688 353 310 334 2,259 1,803 1,961 228 176 197 223 165 186 256 186 206 4 4 5 1 1 1 May................. June................ 14,593 13,895 12,871 - 7,792 7,531 7,069 3,806 3,586 3,314 353 327 296 2,068 1,907 1,714 194 187 161 179 171 150 194 184 JC60 3 4 3 1 1 1 13,262 14,562 13,033 - 2 7,277 7,941 6,877 3,441 3,806 3,515 309 344 311 1,751 1,941 1,814 164 182 174 153 167 163 161 174 173 3 4 3 1 1 1 3,785,736 20,125 2,466,288 771,362 27,119 24,891 42,128 43,308 444 215 July................ Sept................ Inception to date......... If 2/ 3/ 4/ 5/ Sales of Series H bonds began on June authorized were $500, $1,000, $5,000, Sales were authorized in June 1944 to continued after March 31, 1950. Sales began on May 1, 1964. Sales began on October 29, 1945. Sales of $10,000 denominations Series - 1, 1952; the denominations and $10,000. Armed Forces only, and dis 6/ E bonds were authorized on 7/ * p 389,856 May 1, 1952. Includes sales and redemptions of $100,000 denomination Series E bonds which are purchasable only by trustees of employee's savings plans, beginning April 1954, and also personal trust accounts beginning January 1955. See Table SB-4, footnote 1. Less than 500 pieces. Preliminary. 73 January 1980 .UNITED STATES SAVINGS NOTES 1967 The principal terms and conditions for purchase and re The notes were eligible for purchase demption and information on investment yields of savings notes the simultaneous purchase of Series G appear in the Treasury Bulletins of March 1967 and June 1968; United States savings notes were on through June 30, 1970. by individuals with sale May 1, and in the Annual Report of the Secretary of the Treasury for savings bonds. fiscal year 1974. Table SN-1. - Sales and Redemptions by Periods (In millions of dollars) Period Fiscal years: 1968-69.............. 1970................. 1971................ 1972................ 1973................ 1974................ 1975................ 1976................ T.Q................. 1977............ .... 1978................ 1979................ Sales 1/ Accrued discount Sales plus accrued discount Redemptions 2/ Total Sales price Accrued discount Amount outstanding 528 323 11 * * * 2 -2 * - 12 25 33 28 29 35 31 24 6 23 22 21 540 347 44 28 29 35 33 22 6 23 22 21 35 111 167 85 69 77 75 45 11 36 31 48 34 105 157 77 58 62 58 32 8 24 19 28 1 6 10 8 11 14 17 13 3 12 12 20 505 742 619 561 519 477 435 413 407 394 385 359 1968................ 1969................ 1970................ 1971................ 1972................ 1973................ 1974................ 1975................ 1976................ 1977................ 1978................ Months: 277 348 160 -3 * * * * * - 5 18 31 31 28 29 39 25 24 23 22 281 366 191 27 28 29 39 25 24 23 22 7 76 154 124 71 74 82 53 42 35 33 7 72 145 116 62 60 66 40 29 23 20 * 3 8 9 9 13 16 14 13 12 13 354 644 682 584 540 496 453 424 406 393 383 1978-Dec............ - 2 2 4 2 2 383 1979-Jan............ Feb............ - 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 3 10 5 5 5 3 2 5 3 5 4 2 2 6 3 3 3 2 1 3 2 2 2 1 1 4 2 2 2 1 1 2 1 2 2 382 381 373 370 367 364 363 362 359 357 Calendar years: July........... Aug............ Oct............ Dec............ - Source: Monthly Statement of the Public Debt of the United States; Office of Market Analysis, United States Savings Bonds Division. 1/ Sales were discontinued after June 30, 1970. Figures shown thereafter represent adjustments. 2/ * 354 352 Includes U.S. savings notes exchanged for Series H bonds beginning January 1972. Less than $500,000. 74 Treasury Bulletin .OWNERSHIP OF FEDERAL SECURITIES Table OFS-1. - Distribution of Federal Securities by Classes of Investors and Type of Issues (In millions of dollars) Interest-bearing public debt securities End of fiscal year or month Total Federal securities outstanding Held by U.S. Government accounts Total outstanding Nonmarke table Total Marketable Goveriuaent account series 409,467 437,329 468,426 486,247 544,131 631,385 646,379 709,138 780,425 396,289 425,360 456,353 473,238 532,122 619,254 633,560 697,629 766,971 102,888 111,460 123,385 138,206 145,283 149,611 146,105 155,490 167,973 18,092 19,868 20,080 21,229 20,475 18,353 16,640 14,619 13,886 82,740 89,536 101,248 114,921 122,752 129,202 127,409 138,816 152,031 Other 2,056 2,056 2,056 2,056 2,056 2,056 2,056 2,056 2,056 Public issues held by Federal Reserve banks 65,518 71,356 75,022 80,485 84,749 94,446 96,427 104,715 114,764 833,751 819,007 187,683 11,379 174,248 2,056 115,458 1978-Mar................................ 747,844 736,929 152,718 13,980 136,682 2,056 101,577 1978-Nov................................ 791,563 797,694 782,048 782,371 167,399 170,000 12,776 12,700 152,567 155,244 2,056 2,056 113,305 109,616 1979-Jan................................ Feb................................ 798,733 800,470 804,624 804,046 812,220 812,247 789,502 791,249 792,344 795,434 803,816 799,863 167,728 170,135 166,274 170,671 177,039 178,525 12,694 12,693 12,685 12,683 12,682 12,464 152,978 155,387 151,534 155,932 162,301 164,005 2,056 2,056 2,056 2,056 2,056 2,056 101,279 103,486 110,255 108,588 106,185 109,241 814,740 820,385 833,751 834,000 840,965 806,508 812,095 819,007 825,736 832,730 176,190 178,569 187,683 185,714 187,133 12,448 11,390 11,379 11,379 11,048 161,687 165,123 174,248 172,280 174,030 2,056 2,056 2,056 2,056 2,056 111,445 113,027 115,458 114,580 118,087 June......... ...................... Oct................................ End of fiscal year or month Interest-bearing public debt securities - Con. Held by private investors Total Marketable 227,883 242,545 257,947 254,548 302,090 375,197 391,028 437,423 484,234 161,863 165,978 167,869 164,862 210,382 279,782 294,595 326,674 356,501 Nomarketable 66,020 76,566 90,078 89,686 91,708 95,415 96,433 110,750 127,733 Matured public debt and debt bearing no interest 2/ 1,016 1,076 963 997 1,067 1,179 1,142 1,211 4,573 Agency securities Total outstanding 3/ Held by U.S. Government accounts and Federal Reserve banks 12,163 10,894 11,109 12,012 10,943 10,953 11,678 10,298 8,881 2,251 2,170 2,156 2,152 2,186 2,223 2,222 2,094 1,705 9,911 8,724 8,953 9,860 8,757 8,730 9,456 8,204 7,176 Held by private investors 515,866 379,856 136,010 7,512 7,232 1,614 5,619 1978-Mar................................ 482,634 362,695 119,939 1,022 9,893 2,024 7,869 1978-Nov................................ 501,344 502,755 367,256 365,230 134,088 137,526 978 6,835 8,537 8,487 1,686 1,681 6,851 6,806 520,497 517,627 515,815 516,176 520,592 512,097 382,556 381,797 380,060 383,315 388,001 377,638 137,941 135,830 135,755 132,861 132,591 134,459 952 958 4,448 948 978 5,050 8,279 8,263 7,832 7,663 7,426 7,334 1,680 1,678 1,658 1,651 1,538 1,617 6,599 6,173 6,173 6,012 5,888 5,717 518,873 520,499 515,866 525,442 527,509 383,102 384,770 379,856 389,074 390,438 135,771 135,730 136,010 136,368 137,071 969 1,045 7,512 1,051 1,103 7,263 7,245 7,232 7,213 7,132 1,610 1,574 1,614 1,615 135 5,654 5,671 5,619 5,597 6,997 Feb................................ Mar................................ 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 1/ classified as agency debt. These transactions were previously reported as off-budget negative outlays. 1/ Includes a nonmarketable Federal Reserve special certififeate for $2,500. 2/ Adjusted to exclude nqp^in-tre'st-bearing notes issued to the Inter national Monetary Fund to reflect the unified budget-concept. 3/ For detail, see Table FD-6. 75 January 1980 --------------------------------- OWNERSHIP OF FEDERAL SECURITIES. — Table OFS-2. - Estimated Ownership of Public Debt Securities by Private Investors (Par values 1/ in billions of dollars) Nonbank investors End of month Total privately held Commer cial banks 2/ Individuals 3/ Total Series E and H 1939-Dec.......... 1946-Feb.......... _ .4 6.7 6.3 16.1 16.3 16.8 16.6 16.3 16.5 16.9 18.0 .2 2.4 1.9 6.2 6.7 6.5 6.9 5.9 6.9 8.1 9.9 .3 9.5 9.3 11.'4 11.1 11.1 11.5 11.6 11.2 11.8 12.3 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 11.8 11.5 11.5 11.4 11.6 11.1 11.4 11.1 11.3 10.7 10.5 6.6 6.2 6.3 6.1 6.2 6.0 6.0 5.6 5.8 5.5 5.6 5.3 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 13.6 14.8 15.1 15.6 15.8 16.3 16.8 16.7 49.2 49.8 50.4 50.9 51.1 51.4 51.2 51.1 50.8 51.4 .7 .5 .3 .3 .4 .5 .6 .7 .8 .7 22.8 23.9 19.7 22.3 22.7 23.3 25.5 29.0 30.2 29.1 10.0 9.9 9.0 9.0 8.5 8.4 8.1 7.6 7.2 7.4 5.0 4.6 4.2 4.2 4.0 3.8 3.5 3.1 3.2 3.1 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 14.0 19.8 16.9 19.4 19.3 19.9 22.7 21.9 22.0 25.0 21.0 19.9 75.4 73.2 73.2 73.9 75.9 77.3 80.7 84.8 87.1 91.4 96.4 100.8 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 .6 .6 .6 .6 .5 .5 .5 .5 .4 .4 .4 22.2 18.8 17.2 16.2 16.4 16.9 18.8 21.5 21.6 24.0 26.8 28.8 7.0 7.0 6.7 6.6 6.3 6.4 5.9 6.2 7.1 9.5 10.6 12.7 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 17.2 15.6 14.0 17.0 16.6 19.3 17.3 22.8 25.5 38.0 38.1 38.9 318.2 359.9 103.0 105.3 74.0 76.3 .4 .4 28.6 28.6 12.8 15.5 6.2 5.9 24.3 22.7 49.1 54.8 87.9 109.6 34.9 46.0 100.1 101.7 100.7 100.3 98.4 99.1 373.0 375.5 383.0 379.2 381.2 378.7 106.3 107.0 107.1 107.3 108.1 108.2 76.7 77.2 77.6 78.0 78.4 78.7 .4 .4 .4 .4 .4 .4 29.2 29.5 29.1 28.9 29.3 29.0 15.4 15.9 15.4 14.8 14.9 14.6 5.9 5.9 5.7 5.6 5.7 5.3 23.4 22.3 20.8 19.5 18.9 18.2 55.3 57.7 60.6 60.1 59.7 63.7 112.5 115.4 124.5 120.4 119.7 119.3 54.1 51.7 49.0 51.5 54.2 49.3 482.3 489.0 488.3 494.7 502.3 508.6 97.9 96.8 96.3 95.3 94.5 94.7 384.4 392.2 392.0 399.4 407.8 414.0 108.6 109.2 109.4 110.0 110.3 110.8 79.0 79.3 79.4 79.8 80.1 80.3 .4 .4 .4 .4 .4 .4 29.2 29.6 29.5 29.8 29.8 30.1 14.9 15.0 15.1 15.3 15.0 14.9 5.4 5.3 5.2 5.2 5.2 5.0 19.1 22.4 21.3 20.4 20.8 20.5 62.9 70.7 69.0 68.3 70.4 70.1 120.5 121.2 121.0 127.5 132.4 137.8 53.1 48.5 51.1 52.7 53.7 54.9 521.4 518.6 519.6 517.1 521.5 516.6 93.3 94.4 95.6 96.2 97.6 94.0 428.1 421.2 424.0 420.9 423.9 422.6 111.2 111.6 111.9 112.3 112.6 112.5 80.2 80.2 80.2 80.2 80.2 80.2 .4 .4 .4 .4 .4 .4 30.6 31.0 31.3 31.7 32.0 32.0 15.2 15.3 15.2 14.8 14.7 14.4 4.9 4.9 4.9 4.9 5.1 4.7 21.2 22.5 22.7 22.6 24.9 22.8 69.2 69.8 71.4 71.7 71.7 70.5 142.2 136.9 132.8 124.8 118.0 119.5 64.0 60.2 65.1 69.9 77.0 78.1 519.8 521.5 524.0 526.5 528.6 93.4 92.7 92.3 93.5 95.0 426.4 428.8 431.7 433.0 433.6 112.7 112.9 113.2 113.4 113.7 80.3 80.3 80.2 80.1 79.7 .4 .4 .4 .4 .4 32.0 32-3 32.6 32.9 33.7 14.5 14.6 14.6 14.8 14.4 4.7 4.6 4.7 4.5 4.3 21.2 20.7 23.7 24.1 24.0 69.9 70.1 68.9 69.7 68.2 124.4 123.7 125.2 124.4 120.6 79.0 82.2 81.3 82.0 88.3 204.5 207.5 205.4 212.3 211.5 216.2 215.0 217.2 214.7 218.9 213.6 216.8 55.3 62.1 62.5 67.2 65.1 67.1 64.3 64.2 60.2 63.9 58.2 60.7 149.2 145.5 142.9 145.2 146.4 149.0 150.7 153.0 154.6 155.0 155.4 156.1 69.7 66.1 64.6 65.8 65.5 65.9 65.9 68.0 68.5 69.5 70.7 71.9 42.5 42.9 43.6 * 44.2 44.6 45.1 46.0 -46.7 47.3 47.9 48.3 48.8 209.6 215.5 204.4 219.5 217.0 226.7 214.0 221.2 217.2 229.1 54.8 57.4 55.5 63.8 59.7 66.0 55.3 56.8 52.6 62.7 154.9 158.1 148.9 155.8 157.2 160.7 158.7 164.5 164.7 166.4 72.8 74.2 70.4 73.5 74.2 75.1 77.3 80.8 81.8 81.2 228.9 247.1 243.6 261.7 258.9 260.9 255.6 271.0 303.2 349.4 376.4 409.5 61.0 65.3 60.9 67.7 58.8 60.3 53.2 55.6 69.0 85.1 92.5 103.8 167.9 181.8 182.8 194.0 200.1 200.6 202.4 215.4 234.1 264.2 , 283.8 305.7 1977-June..... '... 421.0 461.3 102.8 101.4 1978-Jan.......... Feb.......... 473.1 477.1 483.7 479.5 479.7 477.8 Dec.......... 1969-June......... 1970-June......... Dec.......... 1972-June......... 1973-June......... 1974-June......... Dec.... ..... 1979-Jan.......... Feb.......... Apr.......... June......... July......... Oct.......... Other investors y 2.0 19.9 15.3 17.3 18.7 16.1 17.7 14.1 18.1 19.8 21.4 30.8 30.3 40.9 41.4 41.5 41.6 42.1 42.5 42.6 42.4 1965-June......... Foreign and internnational 5/ 2.7 11.1 11.8 8.3 8.0 7.9 7.6 7.4 7.2 7.3 6.9 9.4 63.9 64.1 66.6 65.9 66.3 64.9 64.4 63.7 66.3 69.4 Dec.......... 196$-June......... State and local govern ments 5.7 24.4 24.9 13.6 13.2 12.7 12.5 12.2 12.6 12.6 12.5 20.7 137.9 133.6 139.5 140.9 137.4 137.7 131.9 136.2 142.8 150.4 1961-June......... Corpora tions 4/ 7.5 20.6 20.0 16.3 15.8 17.2 16.7 16.4 16.0 19.3 23.5 12.7 93.8 74.5 57.3 59.5 56.2 59.5 65.2 67.2 61.5 60.3 Dec.......... 1959-June......... Other Series ]_/ Mutual Insurance sav companies ings banks 1.9 12.5 13.9 9.4 8.7 7.6 6.6 5.9 5.2 4.5 3.5 33.4 231.6 208.1 196.8 199.4 193.5 197.2 197.2 203.7' 204.4 210.6 1956-June......... Other secu rities Savings bonds 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. kj Exclusive of banks and insurance companies. 5/ Consists of the investment of foreign balances and international 6/ 7/ p accounts in the United States. Holdings have been adjusted to exclude issues to the International Monetary Fund and other inter national lending organizations to reflect the unified budget concept. Consists of savings and loan associations, nonprofit institutions, corporate pension trust funds, and dealers and brokers. Also included are certain government deposit accounts, governmentsponsored agencies and all other investors not included above. Includes U.S. savings notes. Sales began May 1, 1967 and were discontinued after June 30, 1970. Preliminary. 76 Treasury Bulletin TREASURY SURVEY OF OWNERSHIPNOVEMBER 30, 1979 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, Fed erally-sponsored agencies, and the District of Columbia. The banks and insurance companies included in the Survey currently account for about 80 percent of all such securities held by The similar proportion for corporations Holdings by commercial banks distributed according tu and for savings and loan associations is 50 percent, and for these institutions. Federal Reserve member bank classes and nonmember banks are 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 Classification Total amount outstand ing 1/ U.S. Govern ment ac counts and Federal Reserve banks Total private inves tors 5,399 commer cial banks 1/ 460 mutual savings banks 2/ Insurance companies 436 f^e, casualty, and marine 288 life 483 savings and loan associa tions 419 corpo rations State and local governments 311 general funds 180 pension and re tirement funds All other private inves tors 3/ Public debt issues: Interest-bearing public debt securities: Total interest-bearing public debt securities... 5,909 - 279,457 137,071 519,573 313,157 129,134 176,086 390,439 137,071 67,771 3,280 - 3,130 - 8,515 - 3,370 - 8,918 - 10,090 - 832,730 305,220 527,510 67,771 3,280 3,130 8,515 3,370 8,918 10,090 1,103 - 1,103 - - - - - - - - 1,103 833,833 305,220 528,613 67,771 3,280 3,130 8,515 3,370 8,918 10,090 5,909 417,631 416,528 5,909 Matured debt and debt Total public debt Government agency issues: Participation 2,520 183 2,337 88 141 64 20 40 12 24 364 1,585 3,254 1,343 1,911 618 183 148 104 297 79 203 164 113 5,774 1,526 4,248 706 324 212 124 337 91 227 528 1,698 1,358 87 1,271 Total Government agency securities covered in Nonsurveyed Government Total Government agency Footnotes at end of Table TS0-5. 7,132 1,613 5,519 840,965 306,833 534,132 77 January 1980 ------------------TREASURY SURVEY OF OWNERSHIP--------------------NOVEMBER 30, 1979 Table TSO-2. - Interest-Bearing Marketable Public Debt Securities by Type and Maturity Distribution (Par values - in millions of dollars) Held by investors covered in Treasury Survey Total amount outstand ing 1/ Classification By type security: Issued by U.S. Government: Treasury bills.......... Treasury notes.......... Treasury bonds.......... U.S. Govern ment ac counts and Federal Reserve banks 5,399 commer cial banks 2/ 460 mutual savings banks 2/ Insurance companies 288 life 436 fire, casualty, and marine State and local governments 483 419 savings and loan associa tions corpo rations 311 general funds 180 pension and re tirement funds Held by all other inves tors 3/ 165,100 47,310 5,861 282 89 376 217 2,631 2,727 366 105,240 279,723 74,-?51 57,377 24,448 58,452 3,456 2,672 325 945 2,096 6,705 1,434 2,934 229 5,367 919 5,733 1,632 1,438 4,105 138,110 36,106 10,090 5,909 279,457 Total.................... 519,513 129,134 67,771 3,280 3,130 8,515 3,370 8,918 By maturity distribution: Call classes (due or first becoming callable): Within 1 year........... 1 to 5 years............. 5 to 10 years........... 10 to 15 years.......... 15 to 20 years.......... 20 years and over....... 249,579 162,193 52,582 19,760 11,215 24.245 67,292 29,895 16,115 4,040 4,390 7,403 20,458 37,687 7,073 938 192 1,423 883 1,696 477 105 1,500 3,794 2,353 508 153 208 1,313 1,922 80 30 31 905 504 603 494 218 407 13 5,020 3,199 325 127 72 175 5,357 3,022 761 427 331 192 648 480 825 l,0->8 951 1,968 146,203 79,994 23,970 12,054 4,809 12,426 Total.................... 519,573 129,134 67,771 3,280 3,130 8,515 3,370 8,918 10,090 5,909 279,457 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...... . 247,397 163,395 47,904 22,311 5,313 33,253 66,726 30,114 13,585 4,936 2,823 10,951 20,357 37,734 7,064 855 162 1,599 870 1,700 461 119 16 113 645 733 498 600 ,117 537 1,423 3,840 2,238 621 56 337 1,285 1,944 64 49 9 19 4,977 3,238 260 187 43 213 5,183 3,119 717 515 141 415 612 495 791 1,028 85 2,899 145,319 80,478 22,225 13,402 1,862 16,172 Total.................... 519,573 129,134 67,771 3,280 3,130 N -8,515 3,370 8,918 10,090 5,909 279,457 88 11 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 in Treasury Survey Total amount outstand ing 1/ Treasury Bills: Regular weekly and annual maturing: Dec. 1979 Jan. 1980 Feb. 1980 Mar. 1980 Apr. 1980 May 1980 June 1980, July 1980 Aug. 1980 Sept. 1980 Oct. 1980 Nov. 1980 Total Treasury Bills.............. Treasury Notes: 7-1/2 Dec. 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 6-3/4 Aug. 9 Aug. 8-3/8 Aug. 6-7/8 Sept. 8-5/8 Sept. 8-7/8 Oct. 7-1/8 Nov. 9-1/4 Nov. 5-7/8 Dec. 9-7/8 Dec. 9-3/4 Jan. 7 Feb. 7-3/8 Feb. 9-3/4 Feb. 6-7/8 Mar. 1980-Q,............ 1980-S............. 1980-E............. 1980-T............. 1980-U............. 1980-J............. 1980-V............. 1980-F............. 1980-W............. 1981-P............. 1981-A............. 1981-C............. 1981-0............. 1981-H............. Footnotes at end of Table TSO-5. 27,725 33,838 28,175 15,621 20,617 18,488 2,788 3,389 3,545 3,556 3,454 3,903 U.S. Govern ment ac counts and Federal Reserve banks 7,768 5,399 commer cial banks 2/ 460 mutual savings banks 2/ 7,831 5,236 4,895 5,178 838 862 990 1,046 1,081 1,361 357 1,056 855 955 1,206 367 171 147 174 203 215 158 7 148 13 15 44 165,100 47,310 2,006 3,920 3,875 4,608 3,820 6,076 3,180 7,265 3,098 2,185 4,407 4,164 4,133 4,296 3,545 2,141 3,906 3,790 4,600 3,195 2,692 3,546 3,146 1,806 4,796 2,887 2,809 156 571 403 1,511 366 792 441 5,551 183 322 861 754 675 2,684 498 153 726 354 702 307 45 552 415 415 1,066 395 223 10,222 Insurance companies 288 life 18 26 14 11 12 8 436 fire, casualty, and marine 99 53 43 23 79 28 64 14 11 9 16 13 28 3 7 473 453 271 66 311 general funds 180 pension and re tirement funds 625 582 391 167 257 213 115 49 96 83 98 19 41 4 23 5 11 20 20 89 376 217 2,631 2,727 26 18 29 54 32 53 16 23 3 15 18 9 34 31 14 183 96 179 189 12 10 77 35 25 17 41 43 4 88 6 6 44 16 33 24 25 79 15 43 63 84 56 53 124 62 27 25 27 41 47 65 3 40 49 64 59 39 14 164 46 35 25 65 41 30 8 6 6 22 10 2 5,861 282 515 699 1,088 897 904 1,328 864 428 538 543 531 649 908 352 606 553 747 877 537 810 499 634 499 1,336 490 672 419 corpo rations 538 474 42 62 152 15 15 71 - 688 States and local governments 483 savings and loan associa tions 14 7 6 26 34 24 25 28 21 32 17 12 6 112 27 29 16 4 2 1 21 14 50 32 85 1 12 8 7 4 4 1 7 8 15 8 4 2 3 3 21 112 73 77 10 14 21 86 40 9 109 44 114 6 120 275 103 170 33 47 30 30 18,648 9,120 13,528 12,195 1,566 2,221 1 2,083 2,201 68 * 81 * 2,044 2,205 366 105,240 2 110 66 101 1 26 174 42 63 165 133 38 135 52 81 26 128 99 104 51 182 89 289 23 114 56 233 * 187 21,201 61 309 68 18,218 120 168 129 155 62 94 64 156 159 24 146 Held by all other inves tors 3/ 2 1,117 2,123 1,903 1,612 2,140 3,366 1,655 995 2,250 1,079 2,714 2,428 2,042 1,612 24 2,120 8 6 8 10 1,005 2,230 2,371 2,463 2,140 1,209 2,341 1,806 579 1,721 1,729 1,420 39 19 34 14 14 * 1 2 6 15 3 5 4 17 3 2 3 10 1 6 Treasury Bulletin --------------- TREASURY SURVEY OF OWNERSHIP NOVEMBER 30, 1979 >. - Interest-Bearing Marketable Public Debt Securities by Issue—Continued (Par values - m millions of dollars) Held by investors covered in Treasury Survey Total amount outstand ing 1/ 3,516 3,013 1981198119811981198119811981198119811981198119811981198119811981198119811982* 1982198219821982198219821982198219821982198219831983198319831983198319831984198419841985198519861986198719871988198819891989- 3,893 2,542 2,514 3,057 3,222 2,586 4,110 3,728 2,968 3,694 4,454 2,543 4,477 4,844 3,452 2,697 2,853 2,613 2,747 3,556 2,594 2,918 3,587 2,501 2,902 2,737 3,205 7,958 2,930 2,573 3,612 3,123 2,802 2,309 8,438 2,587 2,863 4,203 4,837 5,219 9,515 6,238 2,387 4,148 3,445 2,628 2,414 s...., 23 Notes 279,723 197519781980. 1980. 1981. 1982. 1984. 1985. 1986. 19871988198819891990. 1990. 1992. 1993. 1993. 19931993. 1993. 1994. 19941994. 1994. 1995. 1995199519961998. 980 1,203 2,344 1,744 807 2,702 2,203 695 1,196 2,638 158 1,914 952 2,503 1,247 1,504 627 1,501 695 1,768 1,509 2000200220022003200320042004- U.S. Govern ment ac counts and Federal Reserve banks 2,020 Insurance companies 288 life 693 655 555 935 585 593 560 719 966 856 854 755 438 469 16 25 50 29 14 29 28 18 77 16 25 24 19 10 3 3 120 1,868 1,011 63 72 18 23 33 * 981 797 1,133 878 1,293 703 332 819 720 503 732 917 739 772 1,001 1,211 1,026 968 638 1,325 685 616 1,116 946 678 834 1,056 552 1,930 1,074 346 284 314 467 246 101 3,913 72 385 1,448 1,624 1,134 1,990 1,652 616 1,750 1,128 448 400 100 24 54 45 13 25 43 17 26 50 27 15 89 28 32 15 18 15 39 63 15 24 13 436 fire, casualty, and marine 15 2 8 16 7 3 5 118 28 3 60 2 2 20 12 7 * 3 89 11 54 15 50 94 164 4 62 114 45 126 65 27 28 109 37 33 172 106 61 281 71 76 18 27 9 169 579 33 290 57 241 565 219 294 188 253 155 8 6 53 5 15 6 2 1 8 1 4 16 7 20 23 36 3 2 * 9 33 1 12 2 483 savings and loan associa tion 26 39 30 32 29 80 48 29 26 53 29 51 12 23 85 32 23 26 162 62 92 12 25 36 2 State and local 419 governments corpo 311 , 180 . rations general pension funds and re tirement funds 52 18 26 28 52 224 20 31 30 6 206 15160 28 63 7 75 93 262 69 32 9 4 * * 2 8 61 58 9 24 33 23 25 31 * 52 25 27 35 71 21 8 70 5 29 3 30 42 24 2 1 1 68 71 5 48 19 13 4 98 53 9 45 74 110 58 32 93 137 126 68 120 47 18 33 15 64 38 * 91 62 55 99 15 19 65 44 47 146 62 109 17 66 44 87 3 50 5 47 72 28 33 38 141 57 2 1 12 15 3 2 3 1 12 3 1 2 4 7 35 15 1 5 6 6 12 7 1 9 49 4 7 25 4 * 36 1 2 2 1 1 19 77 4 7 26 Held by all other inves tors 3/ 1,995 2,013 917 1,670 1,502 1,348 1,87^ 1,938 964 1,720 1,923 1,808 2,588 3,375 986 1,258 3,421 1,851 996 1,041 1,428 786 1,652 1,573 1,008 1,639 1,279 991 1,496 1,600 4,017 1,737 1,123 2,077 1,270 1,728 1,219 2,527 1,514 1,311 1,726 1,681 2,640 4,904 2,805 958 1,723 1,644 1,572 1,618 22 62 14 33 53 84 45 81 25 24 16 3 10 2 86 * - 52 87 22 56 58 41 43 16 32 8 1 1 6 1 * * 2 4 57,377 58,452 2,672 945 6,705 2,934 5,367 5,733 1,438 138,110 347 54 46 780 54 38 380 8 30 229 188 245 15 31 46 6 22 78 96 123 401 484 47 37 4 40 308 57 21 121 10 668 101 8 25 3 33 77 34 18 99 9 548 317 1,024 676 337 229 1,180 84 483 402 1,057 622 698 282 950 214 1,361 220 786 613 409 1,073 1,249 178 864 1,091 42 1,321 422 865 407 95 209 151 328 108 143 60 1,653 18 110 21 52 24 2 36 3 51 50 193 54 174 91 81 60 42 55 53 52 6 / 460 . mutual savings banks 2/ 698 159 185 1,043 312 75 337 306 341 1,301 616 81 400 475 504 165 62 247 50 1,450 1,018 105 1,166 1,064 62 774 228 459 2,143 29 105 828 378 268 2,010 2,414 1,506 1,501 464 2,771 4,662 1,575 1,743 4,246 4,249 1,495 2,103 5,230 4,606 2,316 5,399 commer cial banks 2/ 8 21 35 103' 160 48 15 27 5 13 12 4 17 21 10 6 6 11 17 58 2 1 20 20 * 18 14 14 30 237 15 134 10 2 6 5 14 9 4 5 2 1 2 14 67 9 20 19 8 39 9 1 50 5 96 37 24 10 100 2 30 64 82 70 5 48 3 70 48 56 29 4 33 - 1 1 11 6 20 1 11 5 - 1 40 23 * 3 31 - 8 6 34 15 21 1 16 19 1 8 2 6 15 119 27 56 13 46 15 * - 11 10 27 81 19 4 30 87 5' 5 - 1 - 11 22 6 8 91 57 56 59 3 10 20 83 18 160 13 17 28 67 6 12 52 15 22 27 14 8 6 110 2 6 3 14 4 8 40 33 20 105 165 130 319 132 58 23 6 15 8 1 2 21 1 25 9 56 14 221 37 118 8 104 103 396 57 48 26 19 215 616 181 1,102 2,319 584 1,349 1,370 225 l',549 1,747 448 839 1,524 1,346 628 1,006 2,776 3,597 1,650 128 599 2,119 830 714 2,178 1,554 265 747 1,615 727 317 237 371 452 13 57 153 219 * 153 41 * 74,751 24,448 3,456 325 2,096 1,434 229 919 1,632 4,105 36,106 519,573 129,134 67,771 3,280 3,130 8,515 3,370 8,918 10,090 5,909 279,457 91 23 51 8 1 42 19 7 3 1 2 - 1 66 6 2 * 5 1 2 3 5 3 11 20 9 9 30 29 6 21 25 9 102 34 78 17 55 16 57 44 36 * 1 617 977 28 588 408 225 43 79 January 1980 ------------TREASURY SURVEY OF OWNERSHIP---------NOVEMBER 30, 1979 Table TSO-4. - Securities Issued by Government Agencies <Par values - in millions of dollars) Held bjj investors covered in Treasury Survey Total amount outstand ing 1/ Issue U.S. Govern ment ac counts and Federal Reserve banks 5399 commer cial banks 2/ 460 mutual savings banks 2/ Insurance companies 288 life 436 fire, casualty, and marine 483 savings and loan associa tions 419 corpo rations Export-Import Bank: Participation Certificates.......... 250 16 87 11 4 Federal Housing Administration: Debentures........................ 545 146 34 17 g •k 17 Government National Mortgage Association: Participation Certificates......... 3,004 1,327 532 172 145 94 288 65 250 37 12 U.S. Postal Service: Bonds........ .................... Tennessee Valley Authority: Bonds............................ 1,725 Total Government agency securities covered by survey........ 5,774 1,526 10 10 12 13 15 2 1 41 111 41 17 22 706 324 212 124 337 State and local governments 311 180 general pension and re funds tirement funds 21 13 90 Held by inves tors not in Treasury survey 3/ 16 62 •k 5 316 182 149 50 4 39 115 20 319 1,155 227 528 1,698 Table TSO-5. -Securities Issued by Government-Sponsored Agencies Farmers Home Administration and the District o f 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 5399 commer cial banks 2/ 460 Insurance companies mutual savings banks 288 life If 436 fire, casualty, and marine 483 savings and loan associa tions 419 corpo rations State and local governments 311 general funds 180 pension and re tirement funds Held by inves tors not in Treasury survey 3/ Banks for Cooperatives: 584 35 286 36 5 35 71 4 40 46 26 Farm Credit Banks: Discount N o tes ..................... . Consolidated Bonds .................... 3-,590 29.,957 - 1,012 685 3,161 44 262 19 30 37 83 63 539 90 28 349 768 47 184 2,257 23,889 Farmers Home Administration: Insured Not e s ......................... 2 |,703 196 672 289 233 86 129 18 167 373 540 104 586 5,133 13,193 271 387 366 11,236 28 , Federal Home Loan Banks: 5,,585 27,,711 2,359 235 6,596 17 578 3 612 4 328 77 1,593 2 , 621 12 ,,775 - 447 183 71 223 35 336 75 3 9 612 439 1 10 303 1,562 50 - 239 470 15 FHLMC Mtg. Backed Certificates FHLMC Mtg. PMT. Certificates 8 / 9/... FHLMC Capital Debentures 8 / .......... Issues to State and Local Govts. 7/ 8 / ......................... 150 6 22 2 12 6 200 - - - - - - - 200 - - Total FH L B ............................. 49,,040 2,359 7,532 860 975 419 2,733 354 2,496 1,355 29,956 Federal Intermediate Credit Banks: Debentures............................. 2 ,676 146 1,016 149 13 127 176 5 173 66 805 16 ,006 1,268 3,327 420 90 298 689 51 553 486 8,822 5 ,201 181 39 ,900 832 147 1 14 * 11 1 222 11 7,821 327 89 1,030 125 9 112 10 1 447 203 2,461 51 113 361 16 4 1,940 55 3 71 275 1 ,100 200 3,704 149 59 - 1 1 3,589 168 21,750 354 33 696 - - - - - - - 696 - - 47 ,278 3,912 9,080 1,311 137 471 2,219 352 3,412 491 25,894 Federal Land Banks: Federal National Mortgage Association: Discount Notes........................ Interest Bearing Notes................ Debentures............................. Capital Debentures.................... Mtg. Backed Bonds.................... Issues to State and Local Govts. 7 / ............................. Total FNMA............................. District of Columbia: Stadium Bonds ......................... T ot a l ..................................... 1/ 8 6 20 - * 4 * 1 3 - - 1 10 151 ,854 8,928 25,760 3,376 1,502 1,555 6,624 902 7,757 3,049 92,401 Securities issued by the Treasury and Government agencies that are classified as debt under the new unified budget concept. For debt subject to limitation, see Table FD-9. 2/ Includes trust departments. 3/ Included with all other investors are those banks, insurance com panies, savings and loan associations, corporations, and State and local government funds not reporting in the Treasury Survey. Also included are certain Government deposit accounts and Governmentsponsored agencies. 4/ Data on the holdings of nonmarketable Public Debt were no longer collected beginning with July 1974 Treasury Survey of Ownership. 5/ Includes Export-Import Bank and Government National Mortgage Association 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. 8/ Obligation of the Federal Home Loan Mortgage Corporation. The capital stock of the Federal Home Loan Mortgage Corporation is held by the twelve Federal Home Loan Banks. 9/ Data on these securities were first published in the January 1979 Treasury Bulletin. * Less than $500,000. 6/ 7/ Treasury Bulletin 80 MARKET QUOTATIONS ON TREASURY SECURITIES. nBfiKMBRB 31, 1070 Current market quotations shown here are .over-the- 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) 13-week Bank discount Issue date 13-week 26-week 26-week Maturity date Amount outstanding (millions) Bank discount Issue date Maturity date Change from last month Bid Change from last month 8.80% 8.83 8.98 9.28 9.30 -2.10% -2.38 -2.11 -1.98 -1.99 $3,705 3,543 3,326 3,346 3,020 1/09/79 2/06/79 3/06/79 4/05/79 5/01/79 1/08/80 2/05/80 3/04/80 4/01/80 4/29/80 9.24% 11.18 11.96 12.00 11.98 -1.79% -.16 +.65 +.50 +.50 52-week 52-week Bid $2,909 2,927 2,918 3,128 3,135 $3,018 3,034 3,024 3,024 3,026 10/04/79 10/11/79 10/18/79 10/25/79 11/01/79 7/05/79 7/12/79 7/19/79 7/26/79 8/02/79 1/03/80 1/10/80 1/17/80 1/24/80 1/31/80 3,123 3,122 3,119 3,217 3,217 3,022 3,014 3,017 3,009 3,014 11/08/79 11/15/79 11/23/79 11/29/79 12/06/79 8/09/79 8/16/79 8/23/79 8/30/79 9/06/79 2/07/80 2/14/80 2/21/80 2/28/80 3/06/80 11.18 11.21 11.32 11.35 11.94 -.17 -.22 -.13 -.14 +.51 2,762 2,788 3,389 3,545 3,556 5/29/79 6/26/79 7/24/79 8/21/79 9/18/79 5/27/80 6/24/80 7/22/80 8/19/80 9/16/80 11.97 11.65 11.73 11.53 11.13 +.54 +.42 +.49 +.35 +.01 3,214 3,212 3,231 3,257 3,132 3,129 3,020 3,033 3,034 12/13/79 12/20/79 12/27/79 1/03/80 9/13/79 9/20/79 9/27/79 10/04/79 10/11/79 3/13/80 3/20/80 3/27/80 4/03/80 4/10/80 11.94 11.95 11.92 12.04 11.71 +♦54 +.67 +.47 +.53 +.15 3,454 3,903 4,132 10/16/79 11/13/79 12/11/79 10/14/80 11/06/80 12/04/80 11.10 10.98 10.81 +.05 +.11 3,036 3,143 3,150 3,139 3,126 10/18/79 10/25/79 11/01/79 11/08/79 11/15/79 4/17/80 4/24/80 5/01/80 5/08/80 5/15/80 11.97 12.04 11.98 11.94 11.98 +.38 +.39 +.44 +.40 +.44 3,112 3,225 3,224 3,229 3,215 11/23/79 11/29/79 12/06/79 12/13/79 12/20/79 '5/22/80 5/29/80 6/05/80 6/12/80 6/19/80 11.96 11.95 11.94 11.90 11.85 +.46 +.48 3,224 3,349 12/27/79 1/03/80 6/26/80 7/03/80 11.85 11.82 — opecxai issue Amount outstanding (millions) Issue date Maturity date Bank discount Bid Monthly change — — — — $2,004 3,001 2,325 — 11/09/79 12/03/79 12/10/79 4/24/80 4/24/80 5/15/80 12.04% 12.04 11.98 +.39% +.39 ““ Table MQ-2. - Treasury Notes (Price decimals are 32ds) Amount outstanding (millions) $3,875 4,608 3,820 Description _ 7,265 3,098 2,185 4,407 4,164 7-1/2% 6-1/2 7-5/8 7-1/2 J- 3/4 6-7/8 8 7-5/8 8-1/4 8-1/2 4,133 4,296 3,545 2,141 3,906 6-3/4 9 8-3/8 6-7/8 8-5/8 3,790 4,600 3,195 2,692 3,546 8-7/8 7-1/8 9-1/4 5-7/8 9-7/8 3,146 1,842 4,796 2,887 2,809 9-3/4 7 7-3/8 9-3/4 6-7/8 - 3,516 3,013 2,020 3,893 2,542 9-5/8 9-3/4 7-3/8 7-1/2 9-3/4 - 2,514 3,057 3,222 6-3/4 9-1/8 9-3/8 ^076 37180- Yield Price - - - Footnotes at end of Table MQ-3. Bid Change from last month To maturity Price range since first traded 3/ Change from last month High Issue date Price Date Low Price Date 1/31/80-K 2/15/80-G 2/29/80-L 3/31/80-C 4/30/80-N 99.22 99.09 99.06 98.26 98.15 +.15 +.16 +.11 +.13 +.09 11.15% 12.30 12.50 12.29 12.46 -1.01% -.17 +.19 -.15 +.15 1/31/78 2/15/77 2/28/78 3/17/76 5/01/78 100.02 101.12 100.06 105.04 99.29 2/01/78 4/04/77 3/22/78 12/02/76 4/25/78 96.28 95.25 96.27 96.16 96.27 1/03/79 1/03/79 1/03/79 1/03/79 12/20/78 5/15/80-A 5/31/80-P 6/30/80-D 6/30/80-Q 7/31/80-R 98.02 98.05 97.23 98.02 97.24 +.10 +.02 +.02 +.04 -.02 12.26 12.64 12.52 12.40 12.64 +.16 +.54 +.58 +.35 +.61 5/15/73 5/31/78 6/10/76 6/30/78 7/31/78 103.12 99.28 105.23 100.05 100.19 12/10/76 6/08/78 12/02/76 8/09/78 8/09/78 91.16 96.25 96.10 96.21 96.12 8/23/74 10/23/79 10/25/79 10/25/79 10/25/79 8/15/80-H 8/15/80-B 8/31/80-S 9/30/80-E 9/30/80-T 96.18 98.14 97.16 96.00 97.10 -.01 .00 +.02 -.02 -.05 12.67 11.68 12.42 12.65 12.50 +.74 +.31 +.35 +.64 +.58 8/15/77 8/15/74 8/31/78 9/14/76 10/02/78 100.07 110.06 99.30 103.19 99.29 9/06/77 12/10/76 8/28/78 12/02/76 9/21/78 94.21 97.02 95.28 94.10 95.27 1/03/79 10/25/79 10/25/79 10/25/79 10/25/79 10/31/80-U 11/15/80-J 11/30/80-V 12/31/80-F 12/31/80-W 97.11 95.27 97.28 94.19 98.14 -.05 +.01 +.03 -.09 -.12 12.34 12.30 11.78 11.79 11.58 +.49 +.39 +.10 +.74 +.51 10/31/78 11/15/77 11/30/78 12/07/76 1/02/79 99.27 99.29 100.10 100.11 101.08 10/25/78 11/15/77 7/05/79 12/03/76 7/05/79 95.27 94.00 95.30 92.18 96.19 10/25/79 10/25/79 10/23/79 10/25/79 10/23/79 1/31/81-P 2/15/81-A 2/15/81-C 2/28/81-Q 3/31/81-H 98.06 95.12 95.25 98.09 94.26 -.01 -.04 +.06 +.03 +.04 11.58 11.51 11.49 11.37 11.46 +.15 +.42 +.10 +.02 +.17 1/31/79 2/15/74 2/18/75 2/28/79 3/08/77 101.04 103.28 105.08 101.06 101.28 7/03/79 11/26/76 12/02/76 7/05/79 4/14/78 96.08 91.14 93.17 96.08 92.19 10/23/79 8/23/74 10/23/79 10/23/79 10/25/79 3/31/81-R 4/30/81-S 5/15/81-D 5/15/81-M 5/31/81-T 97.31 98.02 95.00 95.00 98.02 -.01 +.02 +.06 +.02 +.01 11.42 11.36 11.42 11.55 11.27 +.13 +.04 +.07 +.17 +.05 4/09/79 4/30/79 1/26/76 2/15/78 5/31/79 101.02 101.12 105.08 101.12 7/03/79 7/03/79 12/12/76 2/02/78 7/02/79 96.01 96.02 92.24 92.26 95.28 10/25/79 10/25/79 10/23/79 10/23/79 10/23/79 6/30/81-J 6/30/81-U 7/31/81-V 93.27 97.01 97.09 +.05 +.02 +.01 11.34 11.34 11.30 +.11 +.06 +.07 6/03/77 7/02/79 7/31/79 100.30 100.12 100.10 6/28/77 6/27/79 8/02/79 91.04 94.22 94.29 10/23/79 10/23/79 10/25/79 99»z2 January 1980 81 MARKET QUOTATIONS ON TREASURY SECURITIES,. DECEMBER 31, 1979 Table MQ-2. - Treasury Notes—Continued (Price decimals are 32ds) $2,586 4,110 Description Bid 7*5/87. 8-3/8 3,729 2,968 3,695 4,457 2,543 9-5/8 6-3/4 10-1/8 12-5/8 7 4,477 4,893 3,452 4,292 2,697 7-3/4 12-1/8 7-1/4 11-3/8 6-1/8 2,853 2,613 2,747 3,556 2,594 7-7/8 7 8 9-1/4 8-1/4 2,918 3,587 8-1/8 2,501 Date +.06 +.03 11.39% 11.34 +.04% +,07 7/09/76 8/15/78 106.10 100.17 12/02/76 8/09/78 92.06 93.14 10/23/79 10/25/79 8/31/81-W 9/30/81-K 9/30/81-X 10/31/81-Y 11/15/81-G 97.16 92.30 98.10 102.01 92.28 +.05 +.08 +.06 -.03 +.04 11.32 11.32 11.22 11.36 11.33 -*03 +.03 -.07 .00 +.09 8/31/79 9/07/77 10/09/79 10/31/79 10/12/76 100.00 99.25 99.20 102.18 104.10 8/23/79 9/06/77 10/04/79 12/06/79 11/26/76 95.02 90.07 95.22 1Q0.02 90.10 10/23/79 10/23/79 10/23/79 10/25/79 10/23/79 11/15/81-B 11/30/81-Z 12/31/81-L 12/31/81-AB 2/15/82-D 94.08 101.11 93.02 100*08 91.01 +.04 -.01 -.02 -.03 11.24 11.32 11.23 11.23 10.98 +.06 -.01 ■♦•.19 — +.23 11/15/74 11/30/79 12/07/77 12/31/79 1/06/77 106.30 101.26 99.24 100.08 99.30 12/02/76 12/06/79 12/01/77 12/31/79 12/31/76 91.21 100.14 90.12 99.29 88.03 10/23/79 12/12/79 10/25/79 12/26/79 10/23/79 3/31/82-G 5/15/82-E 5/15/82-A 5/15/82-K 6/30/82-H 94.00 92.02 94.04 96.26 94.10 -.02 +.03 .00 -.22 -.10 10.96 10.89 10.88 10.81 10.92 +.13 +.07 +.09 +.38 +.23 3/06/78 4/04/77 5/15/75 11/15/78 6/07/78 100.07 101.25 108.04 101.23 100.07 4/17/78 4/14/77 12/03/76 7/02/79 8/09/78 91.08 88.28 91.06 94.02 91.20 10/22/79 10/22/79 10/23/79 10/23/79 10/22/79 10.86 10.75 10.85 10.75 10.80 +.26 8/15/75 8/15/79 108.20 12/10/76 100.05 8/07/79 9/11/78 100.02 99.15 ' 10/06/77 91.04 107.20 12/03/76 89.20 10/25/79 10/23/79 10/23/79 10/23/79 10/23/79 102.01 ' 7/02/79 . 108i«Q8 12/Q3/76 101.2:6 7/02/79 99.29 4/17/78 103.29 12/06/79 93.13 89.12 92.26 88.20 100.03 10/23/79 10/23/79 10/25/79 10/25/79 12/06/79 10/05/79 12/10/76 12/31/79 6/28/77 91.21 93.30 10/25/79 10/25/79 10/23/79 12/26/79 10/23/79 — Price -.13 9-3/8 8 - 12/31/82-L 96.31 -.08 - 10 10.58 +.12 + 18 1/02/79 10.77 - 2/15/83-A 3/31/83-D 5/15/83-C 5/15/83-G 92.26 9-1/4 7-7/8 -.10 -.03 10.62 10.58 +.14 +.09 3/05/79 4/05/78 +.01 10.50 -.03 11/15/79 98.00 89,06 .00 +.08 -.07 +.03 -.07 7/02/79 10/10/79 96.02 99.22 100.02 89.22 — +.03 10.47 10.41 10.47 10.48 10.39 +.14 — +.02 11/15/76 12/31/79 2/15/77 104.04 100.02 101.30 96.20 +.22 +.17 10.23 -.18 10.21 10.37 10.38 10.39 -.11 +.03 -.08 +.02 9/05/79 8/15/77 .00 +.10 +.01 2/15/78 12/04/79 8/15/78 99.30 101.00 100.22 102.22 99.25 +.10 +.04 +.21 +1.01 +.15 10.43 10.41 10.34 10.14 5/17/76 107.20 8-7/8 9-3/4 2,692 8,438 LO-1/2 7-1/4 2,587 2,863 4^203 2,538 4,837 9-1/4 7-1/4 7 8 LO-3/8 8-1/4 7-7/8 8 9 7-5/8 8-1/4 2,417 8-3/4 9-1/4 LO-3/4 2 3 1-1/2 1-1/2 * 14 * 1 * 1-1/2 1-1/2 1-1/2 1-1/2 1-1/2 1 * * 1-1/2 1-1/2 1-1/2 2,628 Price 94.18 95.23 -.09 -.12 -.04 -.11 2 802 2,309 3,445 Date 8/15/81-F 8/15/81-N 96.03 94.08 91.08 92.30 Ll-5/8 - Low High 93.29 7-1/8 6,238 2,387 4,148 - Issue date 8/15/82-M 9/30/82-J 11/15/82-F 11/15/82-C 7-7/8 9,515 - To mat'arlty Change from last month 8/15/82-B 2,737 5,219 - Change from last month - 9 8-3/8 2,902 3,205 7,958 2,930 2,573 3,617 3,123 - Price range since first trade 2/ Yield ftrice Amount outstanding (millions) 6/30/83-E 9/30/83-F 11/15/83-B 12/31/83-H 2/15/84-A 5/15/84-C 8/15/84-B 2/15/85-A 96.10 92.16 103.04 95.14 89.10 90.24 5/15/85-C 8/15/85-B 99.31 5/15/86-A 88.10 88.22 8/15/86-B 2/15/83rB 11/15/87-A 5/15/88-A 91.02 93.11 86.19 88.23 10.29 11/15/88-B 91.04 5/15/89-A 93.29 102.18 96.04 91.18 +.02 +.08 +.10 +.26 +.10 10.30 10.28 10.33 17.88 13.72 87.22 84.00 81.12 78.22 75.26 +.04 +.02 +.04 +.10 +.12 12.44 10.47 73.04 +.08 +.12 +.30 10.33 10.17 9.78 11/15/89-B 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 4/1/84-EA 10/1/84-E0 70.22 69.04 +.17 +.22 +.15 +.22 -.05 .00 -.13 -.19 -.08 .00 -.04 -.05 +1.35 +.78 9/06/78 10/17/77 11/17/75 m i / 7$ 8/16/76 2/15/79 11/15/77 5/15/78 11/15/78 5/15/79 11/15/79 +.56 4/1/76 +.43 10/1/76 +.09 +.03 4/1/77 10/1/77 4/1/78 10/1/78 4/1/79 -.18 10/1/79 10.65 87.10 10/23/79 10/25/79 10/25/79 98.30 12/12/79 8/09/78 87.10 10/25/79 84.18 10/23/79 10/23/79 10/23/79 10/23/79 10/23/79 92.22 85.08 7/02/79 85.06 89.12 99.10 99.24 12/21/77 9/12/78 84.02 100.07 103.06 103.26 11/17/78 96.04 87.22 84.26 82.02 79.12 76.30 74.22 72.08 70.10 11/07/79 3/21/78 11/28/79 9/06/77 108.20 91.18 +.26 +.12 +.05 85.23 99.20 85.30 101.18 4/1/75 11.08 87.20 12/30/76 12/30/76 10/1/75 11.90 8/29/79 92.29 91.09 7/02/79 12/06/79 12/31/79 12/31/79 81.24 86.18 89.18 98.16 74.10 72.00 12/31/79 7/31/79 7/31/79 7/31/79 7/31/79 78.00 76.14 74.06 74.16 7/31/79 7/31/79 9/28/79 67.16 76.20 71.14 69.12 10/25/79 10/23/79 11/07/79 4/30/75 9/30/75 5/28/76 3/31/77 3/31/77 6/30/78 6/30/78 10/31/79 10/31/79 10/31/79 82 Treasury Bulletin .M AR K E T QUOTATIONS ON TREASU RY SECURITIES. DECEMBER 31, 1979 Table MQ-3. - Treasury Bonds (Price decimals are 3 2 d ’s) Amount out standing (millions) Change Description Bid Price range since first traded 1/ Yield Ppiee from last month To first call or maturity 2/ 14.42% 11.32 11.46 11.30 9.72 Issue date +1.657. +.67 +.16 +.25 +.39 1/23*5910/03/60 8/15/71 2/15/72 5/01/53 103*18 97.24 +.11 8/15/72 6/03/58 4/15/60 11/15/71 2/14/58 100.10 4/07/75 8/15/62 7/08/77 1/17/63 1/10/73 111.05 104.10 99.10 Price 12/03/76 5/11/58 5/05/61 11/05/71 4/21/58 82.12 61.08 66.30 76.29 59.20 10/23/79 5/26/70 5/26/70 10/23/79 5/26/70 99.22 12/31/76 12/26/62 6/29/77 1/16/63 1/04/73 83.24 63.00 75.20 62.18 72.08 11/02/79 5/26/70 10/25/79 5/26/70 10/23/79 99.22 104.14 102.15 100.13 101.17 12/30/77 9/28/73 9/12/78 10/13/78 7/02/79 79.12 76.10 84.11 84.11 87.05 11/07/79 11/07/79 11/08/79 11/08/79 11/08/79 4/18/63 7/09/79 10/18/79 2/15/55 5/15/73 100.26 99.15 100.18 99.22 8/28/63 7/02/79 10/17/79 6/18/55 9/28/73 61.26 85.08 95.05 59.20 72.10 8/26/74 11/08/79 11/07/79 5/26/70 10/23/79 10/03/60 5/15/74 2/18/75 8/15/75 8/16/76 95.14 112.16 107.04 111-16 108.10 5/12/61 12/31/76 12/31/76 12/31/76 12/31/76 59.20 82.24 77.06 81,02 78.05 5/26/70 11/07/79 11/07/79 11/07/79 11/07/79 5/15/75 2/15/77 11/15/77 8/15/78 11/15/78 5/15/79 11/15/79 110.24 100.28 100.23 100.06 12/31/76 6/28/77 11/23/77 9/12/78 11/16/78 7/02/79 12/06/79 79.02 75.03 82.12 80.31 84.02 87.19 98.20 11/07/79 11/08/79 11/08/79 11/07/79 11/07/79 11/07/79 11/07/79 +.16 2,203 692 979 1,196 2,470 6-3/8 3-1/4 4-1/4 85.28 76.22 77.30 83.02 76.22 -.06 vOO 3-1/2 8/15/84 5/15/85 5/15/75-85 11/15/86 2/15/90 3/ 1,247 2,629 1,504 157 627 8-1/4 4-1/4 7-1/4 4 6-3/4 5/15/90 8/35/87-92 3/15/92 2/15/88-93 2/15/93 87.27 77.08 78.24 76.26 75.22 +.03 -.14 -.14 10.14 +.07 +.07 +.05 +.08 1.501 1,914 1,768 1,509 3,010 7-7/8 7-1/2 8-5/8 8-5/8 9 2/15/93 8/15/88-93 8/15/93 11/15/93 2/15/94 -.11 3/ 3/ 3/ 82.15 78.30 87.18 87.12 90.03 -.26 -.14 -.19 -.17 10.35 10.43 10.35 10.36 10.35 +.07 +.14 +.07 +.09 +.08 1/06/78 8/15/73 7/11/78 10/10/78 1/11/79 945 1,506 1.501 461 692 4-1/8 8-3/4 5/15/89 -94 8/15/94 11/15/94 2/15/95 5/15/93-98 3/ 3/ 3/ 3/ 76.20 88.03 98.21 76.24 77.17 6.68 10-1/8 -.27 -.19 -.16 +.25 10.35 10.30 5.25 9.63 +.09 +.13 +.08 +.07 77.06 85.24 80.24 84 ..26 81.18 -.12 -.22 5.45 -.22 10.12 +.10 83.20 78.18 84.05 84.20 -.08 -.09 -1.19 -.06 -.06 -.08 -.06 10.04 9.92 9.50 +.03 +.04 +.18 10.01 +.02 +.02 6-1/8 3 7 3-1/2 1,729 2,414 2,771 8-1/2 1,575 8 4,246 4,249 1,495 2,103 5,230 4,606 2,317 8-1/4 7-5/8 7-7/8 8-3/8 8-3/4 9-1/8 LO-3/8 7-7/8 8-3/8 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 11/15/02-07 8/15/03-08 11/15/03-08 5/15/04-09 11/15/04-09 3/ 3/ “ 3/ 3/ 3/ 1/ 3/ 3/ 88.00 91.12 102.17 -.04 -.21 .00 -.12 -.06 -.10 -.10 10.29 8.79 9.60 9.54 6.71 +.11 +.05 10.17 6.99 10.30 -.01 6.68 -.20- -.06 +.08 +.07 -.11 +.04 +.09 +.03 10.20 10.14 10s15 10.03 10.04 +.03 10.10 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. +.02 2/ ,2/ Date 12/29/69 5/24/70 11/07/79 8/28/74 5/26/70 98.24 93.22 93.18 90.30 81.13 1,202 Price 71.04 66.24 91.18 86.16 62.02 2/15/80 11/15/80 8/15/81 2/15/82 6/15/78-83 .00 +.02 Date 5/12/61 5/12/61 11/15/71 3/09/72 8/04/54 4 7. 3-1/2 7 6-3/8 3-1/4 $2,344 1,743 807 2,70? Low High Change from last month 110.02 101.14 111.28 101.04 105.28 100.20 106.26 100.11 101.12 100.20 103.13 104.09 On callable issues market convention treats the yields to earliest call date as more significant when an issue is selling above par, and to maturity when it is selling at par or belcw. Included in the average yield of long term taxable Treasury bonds as shown under "Average yields of Long-Term Bonds." 1980 YIELDS OF TREASURY SECURITIES, DECEMBER 31, 1979 & Based on closing bid quotations a 1981 1982 1983 1984 1985 1986 1987 1988 1989 & 1990 PERCENT VO 00 O 13.0 13.0 S 12.5 12.5 *9 £> C o 12.0 12.0 ► H O 11.5 11.5 § § I 11.0 10.5 © 10.0' a W K w H W •a co 1980 1981 1982 1983 1984 1985 1986 Note:fT]be curve is fitted by eye and based only on the most actively traded issues. Market yields on coupon issues due in less than 3 months are excluded. 1987 1988 1989 1990 P° 84 Treasury Bulletin AVERAGE YIELDS OP LONG -TERM BOWnfi Table AY-1. - Average Yields of Long-Term Treasury, Corporate and Municipal Bonds by Periods New Aa corporate bonds 2/ Treasury bonds 1/ Period New Aa municipal bonds 3/ Treasury bonds 1/ New Aa corporate bonds 2/ New Aa municipal bonds 3/ 1 I Treasury 1 bonds 1/ 1 New Aa New Aa corporate municipal bonds 2/ bonds 3/ I Treasury 1 I bonds 1/ I New Aa corporate bonds 2/ N e ^ Aa municipal bonas 3/ Monthly series - averages of daily or weekly series 1968 Aug............. 1971 Aug............. 4.10 4.25 4.35 4.23 4.37 4.47 5.92 5.84 5.71 5.75 5.96 5.94 7.63 7.54 7.62 7.76 8.25 8.15 5.40 5.10 5.00 5.11 5.80 , 5.89 6.56 6.54 6.81 7.04 7.09 4/ 7.02 8.32 8.21 8.60 9.04 9.39 9.59 5.19 5.25 5.42 5.61 5.89 5.92 6.68 7.16 4/ 7.20 7.13 7.17 6.99 4/ 7.96 8.18 8.33 8.30 8.38 8.08 5.52 5.41 5.59 5.33 5.36 5.32 5.09 5.04 5.09 5.24 5.36 5.66 6.91 6.54 6.69 6.88 7.00 7.28 4.45 4.20 4.30 4.30 4.50 4.63 5.91 5.78 5.56 5.46 4/ 5.4S “ 5.62 8.24 8.14 7.90 7.72 7.67 7.54 5.96 5.62 5.20 4.87 4.92 5.02 7.18 7.33 5/ 7.30 7.22 6.93 6.77 10.18 10.30 10.44 10.29 9.22 9.47 6.75 6.55 6.64 6.33 6.33 6.86 6.98 7.01 S/ 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 May............. Aug............. Oct............. Period 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/ 9.17 6.66 8.84 6.77 4/ 9.48 9.81 7.05 7.01 4/5 ! 9.76 6*86 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 7.88 4/5i ' 7.82 4r 8.07 8.16 4/ 8.36 9.27 8.83 8.78 9*14 8.30 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/ 8.43 8.45 8.44 8.55 4/5; 8.32 4/” 1979 9.47 9.52 9.65 9.69 9.82 9.51 5.95 5.93 5.96 5.85 5.95 5.84 9.09 9.08 9.00 9.14 8.92 8.13 6.22 6.00 6.15 6.25 6.05 5.20 6.53 6.85 4/ 6.41 6.25 6.30 1 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 8.35 8.42 8.68 9.44 -4/ 9.80 4/ 9.58 Period Treasury bonds 1/ New Aa corporate bonds 2/ New Aa municipal bonds 3/ 9.96 4/ 9.98 9.86 9.84 9.51 11.60 11.53 11.54 11.50 11.45 n.a. 6.70 n.a. 6.93 n.a. 9.49 9.65 9.60 9.64 11.33 11.22 11.29 11.37 6.68 6.63 6.75 n.a. 1970 Feb............. Mar............. 1977 6.57 6.57 6.80 6.79 7.00 7.02 1969' Feb............. 1974 5.18 5.16 5.39 5.28 5.40 5.23 5/ 5/ 6.57 6.75 6.63 6.59 6.24 5/ 5.97 Treasury bonds 1/ New Aa corporate bonds 2/ 1973 New Aa municipal bonds 3/ Period Treasury bonds 1/ 1976 New Aa corporate bonds 2/ New Aa municipal bonds 3J 9.47 9.57 9.87 11.17 11.52 11.30 5.82 5.87 6.16 6.71 6.84 6.67 Weekly series - average for weeks ending 1979 July Aug. If 2/ 6. 13. 20. 27. 8.24 8.32 8.38 8.42 9.40 9.44 9.51 9.54 n.a. n.a. 5.88 5.75 Sept. 3. 10. 17. 24. 31. 8.41 8.36 8.39 8.43 8.51 9.54 9.52 9.51 9.57 9.69 5.90 5.73 5.75 5.85 6.10 Oct. 7... 14... 21... 28... 8.64 8.66 8.68 8.73 5... 12... 19... 26... 8.85 4/ 9.28 9.51 9.87 Treasury bond yields are based on a composite of closing bid quota tions in the over-the counter market. Series includes bonds on which the interest income is subject to normal tax and surtax which are neither due nor callable before 10 years. For bonds currently in series, see Table MQ-3. Treasury series based on reoffering yields of new^corporate bonds rated Aa by Moody*s Investors Service and having an original maturity of at least 20 years. Prior to June 1973, this series reflected bonds without call protection. From June 1973 to July 1976, the series was adjusted to reflect 5 years call protection. Since that time the 9.78 9.84 9.88 9.95 6.05 6.40 6.17 6.13 10.49 11.12 11.51 11.55 6.48 6.75 6.85 6.82 16..... 28..... series reflects bond yields regardless of the call protection offered. Index of new reoffering yields on 20 year general obligations rated Aa by Moody*s Investors Service. Prior to June 1970, the series was compiled by Securities Industries Association. Since then, the series has been compiled by Treasury. 4/ One or more new long-term bonds added to the average. 5/ An existing bond dropped from the long-term bond average, n.a. Not available. 3j AVERAGE YIELDS OF LONG-TERM TREASURY, CORPORATE, AND MUNICIPAL BONDS PERCENT PERCENT 11.0 11.0 10.0 10.0 9 .0 8.0 7 .0 6.0 5 .0 4 .0 Treasury Bulletin 86 -EXCHANGE STABILIZATION FUND. Table ESF-1. - Balance as of June 30, 1979 and September 30, 1979 (In thousands of dollars) Assets, Liabilities, and Equity June 30, 1979 through September 30, 1979 June 30, 1979 September 30, 1979 Assets Current assets: Cash: Account of U.S. Treasury....................... . Federal Reserve Bank of New York, special account... Special drawing rights 1/........................ . Investments: U.S. Government securities........... Foreign exchange and securities: 2/............. . Pounds sterling................................ . Deutsche marks................................. . Japanese yen................................... . Swiss francs................................... Accounts receivable............................... Total current assets....................... $ 109 29,161 $ 312 $ 312 55,125 1,431,122 29,270 2,670,103 2,834,994 1,635,467 1,410,203 16,918 86.380 $ 8,683,335 (1,295,036) (25,361) 1,094 23.729 $ 190,985 $ 421 29,161 $ 29,582 2,725,228 4,266,116 340,431 1,384,842 18,012 110.109 $ 8,874,320 Fixed assets: Land............................................ . Building, less allowance for depreciation.......... Furniture and equipment (includes auto equipment), less allowance for depreciation................ . Total fixed assets........................ . 856 979 Total assets.............................. . $ 8,684,314 $ 191,257 $ $ 71,464 $ 71,464 120,327 3.000.000 $ 3,120,327 $ 84.446 84,446 $ 1,800,000 4.174.771 $ 5,974,771 $ 35,347 35,347 $ 191,257 100 23 100 23 272 272 T 1,128 1,251 $ 8,875,571 Liabilities and Equity Current liabilities: Accounts payable.................................. Advance from U.S. Treasury (US drawing on IMF) 3/.., Total current liabilities.................. Other liabilities: Special drawing rights certificates.............. . Special drawing rights allocations............... . Total other liabilities................... . Equity: Capital account.................................. . Net income (loss) (see Table ESF-2).............. . Total equity.............................. . Total liabilities and equity............... See footnotes at end of Table ESF-2. 48,863 3.000.000 $ 3,048,863 $ 1,800,000 4.090.325 $ 5,890,325 $ 200,000 (454.874) (254,874) $ 8,684,314 $ $ $ 200,000 (419.527) (219,527) $ 8,875,571 January 1980 87 ■EXCHANGE STABILIZATION FUNDTable ESF-2. - Income and Expenses (In thousands of dollars) Current Quarter July 1, 1979 through September 30, 1979 Classification Year to Date October 1, 1978 through September 30, 1979 Income? Profit (loss) on: Foreign exchange 4/................... Miscellaneous......................... (1,165) (1) $ (129,165) 2 Adjustments for change in valuation of SDR 1/ (29,926) (38,302) Interest (charges) on: U.S. investments...................... Foreign investments................... Special Drawing Rights................ Foreign balances...................... 75,750 18,211 (24,539) 1,926 249,746 89,730 (74,798) 9,276 $ Total income..................... $ 40,256 Personnel compensation and benefits.... Travel................................ Transportation of things.............. Rent, communications, and utilities.... Supplies and materials................ Other................................. $ 3,170 256 11 363 37 1,362 $ 13,523 1,035 91 1,489 183 4,611 Total expense.................... $ 5,199 $ 20,932 $ 85,077 $ 106,489 Expense: Prior year expense................ Net income (loss)................ Note: Annual balance sheets for fiscal years 1934 through 1940 appear in the 1940 Annual Report of the Secretary of the Treasury and those for succeeding years appear in subsequent reports. Ouarterly balance sheets beginning with December 31, 1938 have been published in the Treasury Bulletin. Data from inception to 9/30/78 may be found on the statements published in the January, 1979 Treasury Bulletin. 1/ 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 allocations are valued on this basis beginning July 1974. 2/ Excludes foreign exchange transactions for future and spot delivery. 3/ A non-interest bearing liability to the U.S. Treasury resulting from the transfer to ESF of foreign currencies drawn from IMF by the U.S. 480 (290) $ 4/ 35,347 a. Deutsche Mark Transactions - During the period July 1, 1979 to September 30, 1979, net cash gains of $63.3 million were realized. Cash gains of $16.5 million were realized from October 1, 1979 to November 30, 1979. b. Swiss Franc Transactions - During the period July 1, 1979 to September 30, 1979, no cash gains/losses were incurred. There were no cash gains/losses from October 1, 1979 through November 30, 1979. c. Japanese Yen Transactions - During the period July 1, 1979 to September 30, 1979, no cash gains/losses were incurred. There were no cash gains/losses from October 1, 1979 through November 30, 1979. * Treasury Bulletin 88 INTERNATIONAL FINANCIAL STATISTICS. Tho 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 stat ist ics. Table IFS-3 presents an area breakdown of United States liabilities t©'official institutions of foreign countries. Table IFS-1 shows the reserve assets of the United States including its gold stock, special drawing rights held in the Special Drawing Account in the International Monetary Fund holdings of convertible foreign currencies, and reserve posit ion 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-5 sets forth the factors which affect the United States position in the International Monetary Fund. Table IFS-2 brings together statistics on liabilities to foreign official institutions, and liquid liabilities to 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-1. - U.S. Reserve Assets (In millions of dollars) Gold stock If End of calendar year or month Total reserve assets 1/ (1) “ 16,964 TJ 14,487 Total 3/ Special drawing rights 1/ 4/ (4) Treasury (2) (3) Foreign currencies 5/ (5) 11,859 10',367 - 2,781 11,072 10,732 851 629 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/ 15,883 11,652 16,226 18,747 10,132 276 1,100 Ij Reserve position in International Monetary Fund 1/ 6/ (6) ~ ~ 2,324 1,935 8/ 585 241 465 9/ 8 552 10/ 5 1,852 11,652 2,374 11,599 11,599 2,335 80 2,212 11,598 11,598 2,395 320 4,434 19,312 11,719 11,719 2,629 18 4,946 18,650 11,671 1,558 4,374 1978-Dec........................... 18,650 11,671 11,671 11,671 1,558 4,374 1,047 1,047 1979-Jan........................... Feb........................... Mar........................... 20,468 20,292 21,658 21,403 22,230 21,246 11,592 11,544 11,479 11,418 11,354 11,323 11,592 11,544 11,479 11,418 11,354 11,323 2,661 2,672 2,667 2,602 2,624 2,670 5,198 4,956 6,391 6,286 7,059 6,049 1,017 1,120 1,121 1,097 1,193 1,204 20,023 20,023 18,534 17,994 19,261 18,937 11,290 11,259 11,228 11,194 11,112 11,172 11,290 11,259 11,228 11,194 11,112 11,172 2,690 2,689 2,725 2,659 2,705 2,724 4,843 4,798 3,301 2,903 4,122 3,788 1,200 1,277 1,280 1,238 1,322 1,253 May...... ..................... If Beginning J uly 1974, the IMF adopted a technique for valuing the special drawing right (SDR) based on a weighted-average of exchange rates for the currencies _of 16 member countries .i 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-. 3f Includes gold held by the Exchange Stabilization Fund (ESF). See "Account of the U.S. Treasury," Table UST-3. 4/ Includes initial allocation on January 1, 1970 of $867 million, second allocation on January 1, 1971 of $717 million, third_ allocation on January 1, 19_72 _of $71Q_ million. and fourth allocation on January 1± 197?_of 874 million (in SDR terms) of SDRs in the Special Drawing Account in the International Monetary Fund, plus or minus transactions in SDRs. 5/ Includes holdings of Treasury and Federal Reserve System; beginning November 1978, valued at current market exchange rates. 6/ 7/ 8/ 9/ 10/ 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. 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. 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. 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. 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 Fund. January 1980 89 ..INTERNATIONAL FINANCIAL STATISTICS___ Table IFS-2. - Selected U.S. liabilities to Foreigners (In millions of dollars) Liabilities to_for&ign countries Official institutions 2/ End of calendar year or month Total Liabilities to IMF arising from gold trans actions 1/ (1) <i) (2) 11/ 1,019 1,019 1969 10/...... f 46,875 ( 47,034 1970 10/...... V / 48,152 48,103 566 566 1971 10/ 12/... / 68,593 t 68,720 544 544 _ - f 83,769 ( 83,787 1973.......... 93,642 f 120,417 <120,325 1975.......... 1976............ 1977............ 4978.......... 1979-Jan..... Feb..... Apr...... May ...... July,. ... Sept. ... Oct. p... Nov. p... Total 13/ _ - 127,432 152,468 193,827 244,477 " - 235,323 244,477 - - _ 243,390 242,180 245,652 239,600 237,492 247,109 _ - 249,077 272,049 267,303 261,815 264,634 - - Liabil ities reported by banks in U.S. (4) Market able U.S. Treasury bonds and notes 3/ Liabilities to other foreigners Nonmarketable U.S. Treasury bonds and notes 4/ (5) Other readily market able liabil ities 5/ (7) C*) (9) Liabil ities reported by banks in U.S. Market able U.S. Gov’t, bonds and notes 3/ 7/ (104 (*11>‘ Nonmarket able U.S. Treasury bonds and notes 8/ (13) (12) 4,639 I!L/ 3,979 4,104 4,764 525 525 135- 11 135 1,548 1,552 17,303 17,335 4,864 4,792. 4,082 4,092 647 565 135 135 1,633 1,635 10,519 11,206 4,329 4,350 3,747 3,750 447 447 135 153. 1,974 1,969 14,925 14,925 5,130 5,130 4,705 4,705 425 425 - 17,985 6,032 5,602 430 - 2,764 30,575 30,367 8,882 8,991 8,384 8,493 498 498 - 4,144 4,144 29,881 37,950 43*250 59,979 10,801 13,791 16,466 19,927 10,100 12,814 14,736 ' 16,023 701 977 1,730 2,309 - 1,595 6,038 8,752 8,031 7,753* 8,985 8,992 57,982 59,979 18,792 19,927 16,575 16,023 2,217 2,309 1,595 7,613 7,753 20,952 20,912’ 20,471 20,467 20,467 20,697 8,953 8,919 8,938 8,972 8,913 9,090 57,763 58,808 67,687 66,127 71,939 78,421 21,227 21,816 22,686 23,895 23,607 23,861 15,967 16,415 15,842 17,047 16,732 16,886 2,462 2,603 2,694 2,698 2,725 2,825 2,798 2,798 4,150 4,150 4,150 4,150 7,201 6,813 6,981 7,273 6,939 6,900 19,797 19,547 19,547 18,497 17,837 9,373 9,476 9>481* 9,505 9,443 75,265 97,421 91*256 88,459 94,846 24,173 24,109 24,313 24,738 26,45S 17,140 17,159 17,379 17,709 18,210 2,883 2,800 2,784 2,879 2,976 4,150 4,150 4,150 4,150 5,269 7,893 8,066 8,120 8,087 8,235 346 346 3,070 11J 3,070 23,786 23,775 20,028 20,028 306 295 3,452 3,452 51,209 50,651 39,823 39,162 1,955 1,955 9,431 9,534 _ _ - 61,526 61,526 40,093 40,093 5,236 5,236 15,747 15,747 450 450 66,861 13/ 44,233 5,701 15,564 1!J 1,363 76,816 76,823 53,196 53,203 5,059 5,059 16,339 16,339 2,222 2,222 80,712 91,975 126,080 156,818 50,461 54,956 65,822 90,944 6,671 11,788 32,165 35,912 19,976 20,648 20,443 20,970 3,604 4,583 7,650 8,992- 150,936 156,818 84,696 90,944 36,262 35,912 20,993 20,970 157,199 154,743 148,298 142,305 135,007 137,927 • 91,214 89,350 82,802 76,537 69,447 71,653 36,080 35,562 36,087 36,329 36,180 36,478 75,066 75,405 76,460 74,353 70,564 37,510 38,025 38,126 38,176 37,254 .tote: Table is based on Treasury Department data and on data reported to the Treasury Department by banks and brokers in the United States. Data correspond .generally to statistics following in this section and in the "Capital Movements" section, except for the exclusion of nonmarketable, nonconvertible U.S. Treasury notes issued to foreign official nonreserve agencies and the inclusion of investments by foreign official reserve agencies in debt securities of U.S. Fed erally- sponsored agencies and U.S. corporations. Table excludes International Monetary Fund "holdings of dollars," and holdings of U.S. Treasury letters of credit and nonnegotiable noninterest-bearing special U.S. notes held by 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 J;or gold subscriptions to the Fund under quota increases, and U.S. Government obligations at cost value and funds awaiting investment obtained from proceeds of sales of gold by the Inter national Monetary Fund to the United States to acquire income-earning assets. 2/ Includes Bank for international Settlements and European Fund. 3/ Derived by applying reported transactions to benchmark data. 4/ Excludes notes issued to foreign official nonreserve agencies. 5/ 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." 7/ Includes marketable U.S. Government bonds and notes held by foreign banks. 8/ Includes nonmarketable U.S. Government bonds and notes held by (8) Total Liabilities to nonmone tary in ternation al and re gional or ganizations It 23,694 23,701 15,975 1L/ 12,559 15,998 12,582 141,746 142,453 143,614, 140,531 135,098 Liabil ities to banks 6/ - - 2,188 2,206 foreign banks. Principally the International Bank for Reconstruction and Development, the Inter-American Development Bank and the Asian Development Bank. 10/ Data on the two lines shown for this date differ because of changes in reporting coverage figures on the fir.st line are comparablte in coverage to those shown for the preceding date; figures on the second line are comparable to t&ose shown for the following date. 11/ Includes increase in dollar value of foreign currency liabilities' resulting from revaluation of the German mark in October 1969, as follows: column 6, $101 million; column 12, $10 million. 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 are increased in value to reflect market exchange rates as of December 31, 1971, as follows: U.S. Treasury certificates, $7 million; nonmarketable U.S. Treasury bonds and notes, column 6, $103 million -and column 12, $18 million. 13/ 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, p. Preliminary 9/ Treasury Bulletin 90 -.INTERNATIONAL 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 Total foreign countries (1) Latin American and Caribbean Republics Canada (3) Other countries 2/ Africa (5) (6) 1.624 1.624 ___ i g _____ 1,888 1,911 4.552 4.552 546 546 291 291 13,620 13,615 2.951 2.951 1,681 1,681 4,713 4,708 407 407 414 413 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 18,626 111 788 3.161 3.161 2,963 3,025 2.627 2.627 1,897 1,782 947 1969 3/,___ 15,9.75 4/ 15,998 4/ 1970 3/.... 23,786 23,775 1971 3/5/.. 197 2 197 3 197 4 Western Europe 1/ ~ (2) 7.074 4/ 7.074 4/ 6/ _______ <J1 _______ 197 5 197 6 197 7 197 8 1978-No v ... Dec... 80,712 91,975 126,080 156.818 150,936 156.818 45,701 45,882 70,748 92.989 88,46U 92.989 3,132 3,406 ^2.334 2.486 4,448 4,906 ,4-<"33 5.037 22,551 34.108 45,676. 53.109 2,983 1,893 1,742 2.443 2,446 2.486 5.037 52,417 53.109 2^301 2.443 1979-Jan... Feb... Mar... Apr... May... June.. 157,199 154,743 148,298 142,305 135,007 137,927 94.480 92,890 90,304 85.198 81,025 83,523 2,150 1,908 3,088 3,044 1,993 1,979 4,337 4,355 4,203 4,653 4,779 4,546 53,393 52,363 47,876 46,028 43,749 44,484 2,299 2,371 2,135 2,529 2,604 2,614 July . Aug,.. Sept.a Oct. p. Nov. p, 141,746 142,453 143,614 140,531 135,098 86»630 86,505 87,137 85.481 80,967 2,116 2,185 2,412 5,380 4,484 4,878 1,954 4,531 1/971 4,^68 44,296 45,634 46,228 45,570 44,812 2,618 3,219 2,513 2,583 2,218 Note: Data represent short-term and long-term liabilities to the offi cial institutions of foreign countries, as reported by banks in the United States; foreign official holdings of marketable and nonmarketable U.S. Government securities with an original maturity of more than one year except for nonmarketable notes issued to foreign official nonreserve agencies; and investments by foreign official reserve agencies in debt securities of U.S. Government corporations, Federally-sponsored agencies, and private corporations: agencies in debt securities of U.S. Government corporations. If Includes Bank for International Settlements and European Fund. 2/ Includes countries in Oceania, Eastern Europe and Western European dependencies in Latin America. V Data on the two lines shown for this date differ because of changes in reporting coverage. Figures on the first line are comparable in 754 814 754 540 856 692 853 857 781 706 426 446 412 562 coverage to those shown for the preceding date; figures on the second line are comparable to those shown for the following date. Includes $101 million increase in dollar value of foreign currency liabilities due to revaluation of the German mark in October 1969. 5/ Data on the second line differ from those on the first line because certain accounts previously classified as "official institutions" are included with "banks"; a number of reporting banks are included in the series for the first time; and U.S. Treasury liabilities payable in foreign currencies to official institutions of foreign countries are increased in value by $101 million to reflect market exchange rates as of December 31, 1971. JS/ Includes $162 million increase in dollar value of foreign currency liabilities revalued to reflect market exchange rates. Preliminary. p 4/ January 1980 91 _______ INTERNATIONAL FINANCIAL STATTOTins 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 1978-Dec......................... 1979-Jan.......................... Feb......................... Mar......................... Sept........................ End of calendar year or month Payable in dollars Grand total Total Germany (3) Switzer land (4) (1) (2) 3,316 3/ 3,698 9,809 5/ 15,872 15,669 6/ 16,339 19,976 20,648 20,443 1,431 2,480 7,829 14,333 14,210 14,867 18,377 19,102 19,274 _ 5,000 11,315 11,670 12,327 16,277 16,879 17,467 573 506 22,565 22,565 20,624 20,624 17,467 17,467 2,707 2,707 23,750 23,710 24,621 24,617 24,617 24,847 20,606 20,592 20,468 20,467 20,467 20,697 17,467 17,467 17,467 117,467 17,'46'7 17,467 2,689 2,675 2,551 2,550 2,550 2,780 23,947 23,697 23,697 22,647 23,106 22,656 19,797 19,547 19,547 18,497 17,837 17,387 17,467 17,267 17,267 17,267 17,007 1,6,607 1,930 1,930 1,930 930 630 630 Other Europe 1/ (5) _ _ _ - - - - - 450 - 450 _ _ . . _ - _ . _ . . 400 350 350 300 200 150 - - Total Germany Switzerland (9) (10) - - ( U) 125 — - 346 346 _ - 1977.............................. 1978-Dec.......................... 1,941 1,941 1,595 7/ 1,595 7/ 3,144 3,118 4,153 4,150 4,150 4,150 1,595 1,595 2,947 2,947 2,947 2,947 7/ 7/ 7/ 7/ 7/ 7/ 1,549 1,523 1,206 1,203 1,203 1,203 8/ 8/ 8/ 9/ 9/ 9/ 4,150 4,150 4,150 4,150 5,269 5,269 2,947 2,947 2,947 2,947 4,066 4,066 7/ 7/ 7/ 7/ 7/ 7/ 1,203 1,203 1,203 1,203 1,203 1,203 9/ 9/ 9/ 9/ 9/ 9/ Note: For further information, see "Public Debt Operations", Tables PDO-8 and 9. 1/ Includes notes issued to the Government of Italy in connection with military purchases in the United States. 2/ - Includes bonds issued to the Government of Canada in connection with transactions under the Columbia River Treaty. Amounts outstanding were $84 million through September 1969; $54 million, October 1969 through September 1970; and $24 million, October 1970 through October 1971. 3/ Includes an increase in dollar value of $84 million resulting from revaluation of the German mark in October 1969. See also footnote 7, Table IFS-1. 4/ Includes nonmarketable Treasury notes amounting to $125 million - - 5/ (>/ 7/ 8/ 9/ Other Europe 541 541 1,215 1,233 1,459 1,472 1,599 1,546 1,169 1,219 3/ 4/ 677 4/ 765 4/ 306 - Nov.......................... 450 450 450 450 450 450 Payable in foreign currencies (8) June......................... 135 135 135 135 600 - 1,885 3/ 1,218 1,980 51 1,539 1,459 6/ 1,472 1,599 1,546 1,169 1979-Jan.......................... Feb.......................... Mar.......................... (7) (6) 1,129 2,289 2,640 2,840 2,540 2,540 2,100 1,650 700 167 57 54 42 _ _ - Asia_ Canada 2/ - - - - equivalent held by a group of German commercial banks from June 1968 through November 1972. The dollar value of these notes was .increased by $10 million in October 1969, and by $18 million as of December 31, 1971. See also footnotes 7 and 8, Table IFS-1. Includes $106 million increase in dollar value of foreign currency obligations revalued to reflect market exchange rate as of December 31, 1971. See also footnote 8, Table IFS-1. 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. Notes publicly issued to private German residents. Includes $1,203 million of notes publicly issued to private Swiss residents. Notes publicly issued to private Swiss residents. Treasury Bulletin ....... - INTERNATIONAL FINANCIAL STATISTICS . Table IFS-5. - U.S. Position in the International Monetary Fund (In millions of dollars) Transactions affecting IMF holdings of dollars during period U.S. transactions with IMF Calendar year or month 1969......................... 1970......................... Pay ments of •sub-* scrips tion in dollars (1) Net gold sales by IMF - (3) _ _ Purchases of dollars 4/ (5) (6) -1,343 -854 -24 268 741 40 - - -1,073 -442 -2,078 -1,779 195 426 1,893 > Repur chases in dollars (7) Total change Percent of U.S. quota Amount (8) (9) -1,034 1,929 1,350 694 721 -1,265 -466 -2,214 376 2,836 4,765 6,115 6,810 7,531 6,265 5,800 3,587 3,963 (10) (U) 10 218 -133 - 2,110 - 233 86 -751 -385 3,000 - -631 -8 *-1,157 -168 2,783 168 5,588 9,551 8/ 90 1,047 9/ -307 9,551 8/ 90 1,047 9/ - 22 21 21 21 21 20 20 20 20 20 20 86 “ - - - - -6 -119 -24 -9 -121 -10 -8 -96 -8 -9 -81 -8 -132 -214 -272 -179 -269 -125» -454 -118 -169 -111 -45 -22 132 214 272 179 269 125 455115 171 111 45 22 16 -98 -3 12 -100 10 13 -79 14 11 -61 78 9,567 9,469 9,466 9,478 9,378 9,388 9,401 9,322 9,336 9,347 9,286 9,364 91 90 90 90 89 89 89 88 88 89 85 89 1,017 1,120 1,121 1,097 1,193 1,204 1,200 1,277 1,280 1,238 1,322 1,253 1979-Jan.................... Nov.................... 22 712 6/ * IMF net income in dollars U.S. reserve position in IMF at end of* period 11 670 1978-Dec.................... July................... Aug.................... Sept................... (2) Trans-1 actions in foreign current cies 3/ (4) Transaction by other countries with IMF 19 25 -28 -47 -33 -59 -219 -572 -628 1,155 541 7/ 754 7/ - Apr.................... 1/ Net borrow ings by IMF 2/ IMF holding of dollars at end of period ■ “ - - 15P 1,362 200 - Note: The initial U.S. quota in the International Monetary Fund was $2,750 million. The U.S. quota was increased to $4,125 million in 1959, $5,160 million in February 1966, and $6,700 million iij 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 in SDR terms from 6,700 million to 8,405 million. 1/ Represents net Fund sales of gold to acquire U.S., dollars for use in Fund operations. Does not include transactions in gold relating to gold deposits or gold investment (see Table IFS-2). 2/ Represents net loans made to the IMF under the General Arrangements to Borrow. 3/ Positive figures represent purchases from the Fund of currencies of other members for equivalent amounts of dollars; negative figures represent repurchases of dollars, including dollars derived from charges on purchases and from other net dollar income of the Fund. The United States has a commitment to repurchase within 3-5 years, but only to the extent that the Fund's holdings of dollars exceed 75 percent of the U.S. quota. Purchases of dollars by other countries reduce the U.S. commitment to repurchase by and equivalent amount. 4/ Beginning January 1970, includes dollars obtained by countries other than the United States from sales of gold to the Fund. 5/ Represents the United States reserve tranche position in the Fund (the United States quota, plu£ 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. 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. ' 8/ 55 71 91 94 93 78 72 44 49 8/ 8/ 8/ 8/ 8/ 8/ F/ 8/ 8/ 8/ 8/ 8/ 2,324 1,935 585 465 552 1,852 2,212 4,434 4,946 Excludes currency valuation adjustments for each month (in millions of dollars): Payable to the U.S. 1978?Dec............... . - Payable to the IMF 235 1979-Jan.................. 132 ..................... Mai*.................. Apr.................. May.................. " 18 107 28 27 ..................... July ................. Aug.................. Se^ ................. Oct.................. Nov.................. " 1 " 238 - 166 70 /u 13o _ . " 2/ ..................... ’ 69 Includes valuation adjustments on net borrowings by the IMF due to changes arising from fluctuations in the dollar value of the IMF's unit of account (SDR), for each month as follows (in millions of dollars): Increase dr Decrease (-) 1978-Dec. * as follows Less than $500,000. January 1980 93 .INTERNATIONAL FINANCIAL STATISTICS. Table IFS-6. - Weighted-Average of Exchange Rate Changes for the Dollar (Percent change relative to exchange rates as of end-May 1970) Trade-weighted average appreciation (+) or depreciation (-) of the U.S. dollar 1/ Vis-a-Vis End of calendar year or month Currencies of OECD countries 2/ 1/ Currencies of 46 main trading countries 3/ 197 0 197 1 197 2 197 3 197 4 197 5 197 6 197 7 197 8 1978-Dec..., -2.0 -8.2 -9.4 -14.6 -16.0 -10.9 -10.3 -14.6 -21.6 -0.9 -4.8 -4.9 -9.6 -9.6 -4.6 -1.0 -1.0 -4.9 -21.5 -4.1 1979-Jan..., Feb..., Mar..., Apr..., May..., June.. July.*. Aug Septv , Oct . *, Nov .p Dec. p, -19.3 -19.7 -19.7 -18.2 -17.6 -19.1 -19.3 -19.1 -20.6 -16.0 -17.1 -18.4 -1.9 -2.4 -1.7 -0.1 +1.1 40.1 +0.3 +0.6 +0.5 +4.3 +3.9 +6.2 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) Xj/EX is U.S. exports to country i, as a proportion of total U.S. exports to all countries in the set. Equation three combines the above export-weighted and import-weighted averages to provide an overall measure of exchange rate change: (EQ3) The equations used are as follows: E^ is the weighted average of percentage changes in the dollar cost of individual foreign currencies; 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. 2/ A$/fci is the percent change in the dollar cost of foreign currency i; and 3/ Mi/SM is U.S. imports from country i, as a proportion of total U.S. imports from all countries in the set. E * [(Em * m/m+xH-1)] + tEx * x/m+x] Where: Em = E(A$/fci * Mi/ZM) Where; Ex is the weighted average of percentage changes in the foreign currency cost of dollars ? Afc^/$ 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: (EQ1) Ex y E(Afc.j/$ * X-j/EX) Where: p Austra1 „ Austria, Belgium-Luxembourg, Canada, Demark, Finland, France German; Greece, Iceland, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom. The currencies of 46 IMF member countries which account for approximately 90% of U.S. total trade, Preliminary. 94 Treasury Bulletin CAPITAL MOVEMENTS Background Data relating to capital movements between the United States and foreign countries have been collected since 1935 under Treasury regulations pursuant to Executive Orders Nos. 6560 of January 15, 1934 and 10033 of February 8, 1949, and the International Investment Survey Act of 1976. Reports are filed with Federal Reserve Banks by banks, bank holding companies, securities brokers and dealers, and nonbanking enterprises in the United States. Statistics on the princi pal types of data and the principal countries are then con solidated and are published in the monthly Treasury Bulletin. The reporting forms and instructions 1/ used in the Trea sury International Capital (TIC) Reporting System have been revised a number of times to meet changing conditions and to increase the usefulness of the published statistics. Recent revisions to the reporting forms are part of a broad program conducted over the past several years to ensure the adequacy of the Treasury capital movements statistics for analysis and policy formulation with respect to the international financial position of the United States and on movements of capital be tween the United States and foreign countries. Revised forms and instructions are developed with the cooperation of other Government agencies and the Federal Reserve System and in con sultations with representatives of banks, securities firms and nonbanking enterprises. The most recent revisions of the TIC B-series Forms, filed by banks and some brokers in the United States, became effec tive with reports as of April 30, ^.978; new data series were introduced in the July 1978 Treasury Bulletin. Substantial revisions of the C-series Forms, filed by nonbanking enter prises, were effective with reports as of December 31, 1978; the new data series are shown beginning with the June 1979 issue. Major revisions of the TIC Forms that affect the format and coverage of the current Capital Movements tables are noted under "Description of Statistics" below. Basic Definitions The term "foreigner" as used in the Treasury reports covers all institutions and individuals domiciled outside the United States, including United States citizens domiciled abroad, and the foreign branches, subsidiaries and offices of United States banks and business concerns; the central governments, central banks and other off icial institutions of foreign countries, wherever located; and international and regional organizations,' wherever located. The term "for eigner" also includes persons in the United States to the ex^ tent that they are known by reporting institutions to be act ing on behalf of foreigners. In general, data are reported opposite the foreign country or geographical area in which the foreigner is domiciled, as shown on the records of reporting institutions. For a nunber of reasons, the geographical breakdown of the reported data may not in all cases reflect the ultimate ownership of the assets. Reporting institutions are not expected to go beyond the addresses shown on their records, and so may not be aware of the country of domicile of the ultimate beneficiary. Furthermore, U.S. liabilities arising from deposits of dollars with foreign banks are reported generally in the Treasury statistics as liabilities to foreign banks, whereas the liability of the foreign bank receiving the deposit may be to foreign official institutions or residents of another country. Data pertaining to branches or agencies of foreign official institutions are reported opposite the country to which the official institution belongs. Data pertaining to international and regional organizations are reported opposite the appropriate international or regional classification except for the Bank for International Settlements and the European Fund, which are included in the classification "Other Europe." Geographical Classification A number of changes in geographical classification were introduced for most Capital Movements tables in the July 1978 issue. Several countries formerly included in "Eastern Europe" and in "Other Latin American Republics" are shown separately in the country list as well as a new category in the International and Regional grouping for "Middle Eastern Regional" in view of the proliferation of regional financial organizations, primarily in the Arab States. The remaining countries in the categories "Other Eastern Europe" and "Other Western Europe" were combined into a single "Other Europe" category; and the heading, "Latin America" v*as retitled "Latin America and Caribbean." To the extent possible, the statistics for earlier dates have been adjusted in accord ance with the revised country stub. Reporting Coverage Reports are required from banks, bank holding companies securities brokers and dealers, and nonbanking enterprises in the United States, including the branches, agencies, sub sidiaries, and other affiliates in the United States of for eign firms. Institutions that have reportable liabilitities, claims, or securities transactions below specified ex emption levels are exempt from reporting. Banks file reports monthly covering their dollar lia bilities to, and dollar claims on, foreigners in a number of countries. Twice a year as of June 30 and December 31, they also report the same liabilities and claims items with respect to' foreigners in countries not shown separately on the monthly reports. Beginning with reports due as of June 30, 1978, banks also report quarterly their liabilities and claims vis a vis foreigners that are denominated in foreign cur rencies. The specified exemption level applicable to the monthly reports is $2 million and is based on the average for the report dates during a six-month period, including the current report date. There are no separate exemption levels for the quarterly and semiannual reports. Banks, securities brokers and dealers, and in some in stances, nonbanking enterprises, report monthly their transac tions in securities with foreigners; the applicable exemption level is $500,000 on the grand total of purchases and on the grand total of sales during the month covered by the report. Quarterly reports are filed by exporters, importers, industrial and commercial concerns, financial institutions other than banks and brokers, and other nonbanking enterprises if their liabilities or claims, on the six-month average basis, are $2 million or more. Beginning December 31, 1978, these firms also report for each month-end their U.S. dollardenominated deposit and certificate of deposit claims on banks abroad of $10 million or more. Description of Statistics Section I presents data in four tables on liabilities to foreigners reported by banks in the United States. Beginning April 1978, amounts due to banks' own foreign offices are shown separately; the previous distinction between short-term and long-term liabilities has been eliminated; there is a sepa ration of the liabilities of the reporting banks themselves from their custody liabilities to foreigners; and foreign currency liabilities are only reported quarterly. Also, beginning April 1978, the data on liabilities are more com plete by extending to securities brokers and dealers the requirement to report certain of their own liabilities and all of their custody liabilities to foreigners. Table CM-I-1, showing total liabilities by type of foreign holder, combines liabilities previously shown separately as either short-term or long-term. Table CM-1-2, Parts A and B, on foreigners' holdings of liabilities by type, shows total bank reported liabilities payable in dollars. Table CM-I-3 presents total liabilities by country for recent periods and includes the long-term data previously shown separately w h e r e as CM-I-4, covering total liabilities by type and country for the most recent month, includes several data items not reported separately prior to April 1978. The liabilities data on supplementary countries previously presented in Table CM-1-5 now appear in Table CM-III-1. (See Section III below.) J a n u a r y 1 9 8 0 95 CAPITAL MOVEMENTS Section II presents the claims on foreigners reported bybanks in the United States. Beginning with data reported as of the end of April 1978, banks'claims held for their own acacount are reported separately from claims held for their domes tic customers. The former are available in a monthly series whereas the latter data are collected on a quarterly basis only. Also, there is no longer a breakdown available on the long-term and short-term components of banks* claims. Matu rity data are collected quarterly on a time remaining to matu rity basis as opposed to the historic original maturity clas sification. Foreign currency claims are also collected only on a quarterly basis. Table CM-II-1 presents total claims by type as reported on the old B-series Forms and has been revised to include the long-term claims components formerly published separately. Table CM-II-2, showing total claims by type, is based on the revised banking reports. Table CM-II-3, which represents total claims by country, merges the previously reported short term and long-term claims data from old CM-II-2 and CM-II-5. New Tables CM-II-4 through CM-II-7 are based on the revised reports and replace the previous tables which showed short term and long-term claims separately. Another important change in the claims reporting, begin ning with new quarterly data as of June 30, 1978, is the adoption of abroadened concept of "foreign public borrower," which replaces the previous category of "foreign official institution" to produce more meaningful information on lending to the public sector of foreign countries. The term "for eign public borrower" encompasses central governments knd departments of central governments of foreign countries and of their possessions; foreign central banks, stabilization funds, and exchange authorities; corporations and other agencies of central governments, including development banks, development institutions and'other agencies which are majority-owned by the central government or its departments; State, provincial and local governments of foreign countries and their departments and agencies; and any international or regional organization or subordinate or affiliated agency thereof, created by treaty q x convention between sovereign states. Section III includes two supplementary tables on U*S. banks' liabilities to, and claims on, foreigners. Table CM-IIItl summarizes dollar liabilities to, and banks* own dollar claims on, countries and areas not regularly reported separately. Beginning with reports due as of June 30, 1978, these data are collected semiannually. Previously, the semiannual reports were addressed to liabilities items only and were reported as of April and December; however, they are now collected as of the end of June and December. Table CM-III-2 presents data on U.S. banks' loans and credits to nonbank foreigners, based on the TIC reports and on the monthly Federal Reserve 2502 reports submitted for foreign branches of U.S. banks. Sections IV and V, respectively, show the liabilities to, and claims on, unaffiliated foreigners by exporters,importers, industrial and commercial concerns, financial institutions other than banks and brokers, and other nonbanking enterprises in the United States. The data exclude the intercompany accounts of nonbanking enterprises in the United States with their own branches and subsidiaries abroad or with their for eign parent companies. (Such transactions are reported by business enterprises to the Department of Commerce on its direct investment forms.) The data also exclude claims held through banks in the United States. Beginning with data published in June 1979 (reported as of December 31, 1978), 1/ there is separation of the financial liabilities and claims of reporting enterprises from their commercial liabilities and claims; and items are collected on a time remaining basis instead of the prior original maturity basis. In addition, the number of reporters increased somewhat as a result of a broad canvass of prospective reporters undertaken in late 1978. In Section IV, Table CM-IV-1 combines liabilities previously shown as either short-term or long-term in old Table CM-IV-1; Table CM-IV-2 combines these short term and long-term liabilities by country and replaces pre vious Tables CM-IV-2 and CM-IV-4. Table CM-IV-3, covering total liabilities by type and country for the most recent quarter-end, includes several items not reported separately prior to December 1978. The tables in Section V have been extensively revised to reflect the changes in data collection format outlined above and the elimination of a monthly form that covered nonbanking enterprises' liquid claims on foreigners. Spe cifically, Table CM-V-1 combines short-term and long-term claims; Table CM-V-2 shows total claims by country and re places former Tables CM-V-2 and CM-V-7. Current Table CMV-3 shows total claims by type and country and includes items that were not reported separately prior to end-year 1978. Tables CM-V-4, CM-V-5 and CM-V-6 no longer appear. Section VI contains data on transactions in all types of long-term domestic and foreign securities by foreigners as reported by banks and brokers in the United States (except nonmarketable U.S. Treasury notes, foreign series; and non marketable U.S. Treasury bonds and notes, foreign currency series, which are shown in the "International Financial Statistics" section, Table IFS-4). The data cover new issues of securities, transactions in outstanding issues, and redemp tions qf securities. They include transactions executed in the United States for the account of foreigners, and trans actions executed abroad for the account of reporting insti tutions and their domestic customers. The data include some transactions which are classified as direct investments in the balance of payments accounts. The data exclude secur ities issued abroad by foreign subsidiaries of U.S. cor porations, some of which are treated in the balance of pay ments as issues of U.S. corporations. The geographical breakdown of the data on securities transactions shows the country of domicile of the foreign buyers and sellers of the securities; in the case of out standing issues, this may differ from the country of the original issuer. The gross figures contain some offsetting transactions between foreigners. The net figures for total transactions represent transactions by foreigners with United States residents; but the net figures for transactions of individual countries and areas may include some transactions between foreigners of different countries. Beginning with data for 1969, transactions between foreigners in new issues not offered for sale to United 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 international capital transactions are published by the Department of Commerce in its regular reports on the United States balance of payments. Copies of the reporting forms and instructions may be obtained from the Office of Statistical Reports, Office of the Assistant Secretary for International Affairs, Department of the Treasury, Washington, D.C. 20220, or from Federal Reserve Banks. 96 Treasury Bulletin CAPITAL MOVEMENTS, Section I - Liabilities to Foreigners Reported by Banks in the United States Table CM-I-1. - Total liabilities by Type of Holder (In millions of dollars) Foreign countries End of calendar year -or month Total liabili ties Official institutions 1/ Total (1) 1969 3/. ( 42,530 1 42,690 1970 3/............ f 1971 3/...... ..... f 43,422 43,464 56,306 [ 56,331 (2) Payable in dollars (3) International and regional 2/ Banks and other foreigners Payable in foreign currencies (4) Payable in dollars Total Payable in foreign currencies (7) Payable in dollars Total Payable in foreign currencies (10) (5) (6) 12,559 12,582 12,356 12,379 203 203 27,673 27,806 27,446 27,579 227 227 2,298 2,302 4 4/ 2,298 2,302 - 20,028 20,028 19,880 19,880 148 148 21,385 21*42.7 21,164 21,207 221 220 2,009 2,009 4]^ 4/f 2*Q09 2,069 : - 39,823 39,162 5/ 39,665 38,988 5/ 158 165 6/ 14,267 14,956 5/ 14,01914,708? 5/ 248 248 2,217 2,213 4/ 4/ 2,217 2,213 - 1,968 (8) (9) 1972............... 61,689 40,093 39,922 171 19,629* 19,283 346 1973.............. 70,535 44,233 44,105 127 7/ 23,587 23,117 468 2,716 2,716 : 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. 8 1974 3/............ f 1,968 _ 1975............... 96,147 50,461 50,461 - 39,982 ' 39,430 552 5,704 5,696 1976............... 111,430 54,956 54,956 - 50,764 49,987 777 5,710 5,705 5 1977............... 127,065 65,822 65,822 - 57,985 57,071 914 3,256 3,245 11 1978.............. 169,576 90,944 90,688 256 76,002 73,781 2,221 2,631 2,617 14 1978-Nov........... 161,488 169,576 84,696 90,944 84,392 90,688 304 256 74,557 76,002 72,796 73,781 1,761 8/ 2,221 2,236 2,631 2,225 2,617 10 8/ 14 1979-Jan........... Feb........... 167,274 166,681 168,714 162,028 160,894 169,818 91,214 89,350 82,802 76,537 69,447 71,653 91,027 89,194 82,802 76,537 69,447 71,653 73,730 75,223 83,529 83,174 88,671 95,307 71,509 73,002 81,768 81,411 86,910 93,352 2,221 2,221 1,761 1,761 1,761 1,956 2,333 2,109 2,384 2,319 2,776 2,858 2,317 2,095 2,364 2,300 2,757 2,851 14 14 19 19 19 7 8/ 8/ 1/ 8/ 8/ 8/ 170,916 193,454 188,018 182,924 186,351 75,066 75,405 76,460 74,353 70,564 75,066 75,405 76,460 74,353 *70,564 187 156 _ _ _ - 92,405 114,580 108,635 106,168 113,055 90,449 112,624 106,326 103,859 110,746 ' 3,445 3,469 2,923 2,403 2,732 3,437 3,462 2,909 2,389 2,717 7 7 14 14 14 8/ 8/ July.......... Note: Total liabilities include liabilities previously classified as either "short-term” or "long-term" on the Treasury reports filed by banks. The maturity distinction was discountinued with new reports filed as of April 30, 1978, and the historical series adjusted accordingly. See introductory text to Capital Movements tables for discussion of changes in reporting. If Includes Bank for International Settlements and European Fund. 21 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 in coverage to those shown for the preceding date; figures on the second line are comparable to those shown for the following date. hf Includes U.S. Government obligations at cost value and fund's awaiting investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire income-earning assets as follows? $800 million at end 1969; $400 million at end 1970 and 1971. Upon termination of 8/ 8/ 8/ 8/ 1,956 8/ 1,956. 8/ 2,309 2,309 «/ 2,309 8/ 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 in the series for the first time. 6/ Includes $7 million increase in dollar value of foreign currency obligations revalued to reflect market exchange rates as of Dec. 31, 1971. 7/ Includes $15 million increase in dollar value of foreign currency _ liabilities revalued to-reflect W&rket exchange rates. 8/ Data as of most immediately preceding quarter end. p Preliminary. 5/ 8/ 8/ January 1980 97 fiAPTTAT. M O V R M R N T f i 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 tries (1) Deposits Deposits Demand (2) Time 2/ (3) Other foreigners Banks Official institutions 1/ U.S. Treas. bills & certif icates Other liabil ities 2/ (4) (5) Demand Time 2/ (6) (7) U.S. Treas. bills & certif icates (8 ) Deposits To own Other liabil foreign ities 2/ offices 3/ Demand (9) Time 2/ U.S. Treas. bills & certif icates Other liabil ities 2/ (13) (14) 1,811 1,935 107 107 353 352 1,688 1,688 1,886 1,895 131 131 376 377 1,660 1,660 1,663 1,666 96 96 328 327 2,116 2,116 65 65 569 568 (10) (11) - 1,709 > 1,711 (12) 1969 4/ . . f 39,802 ( 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 1970 4/ / 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 1971 4/ 5/....... / 53,684 \ 53,706 1,620 2,504 1,327 5 f 2,039 5/ 32,311 32,311 3,230 3,321 7,047 3,399 5/ 850 320 5, 8 8 2,367 7,232 5/ - 1972 4/ / 59,205 ^59,204 1,591 1,591 31,453 31,453 3,998 3,998 4,658 4,658 405 405 5 5 9,510 9,510 - - 1,955 1,955 67,222 2,125 3,911 31,511 6,558 6,941 529 11 10,034 2,359 68 1,032 2,951 2,951 4,257 4,167 34,656 34,656 11,205 11,302 8,248 8,231 1,911 1,910 232 232 19,546 19,355 _ - 2,143 f 91,389 \^91,297 2,729 2,729 3,796 3,744 277 277 1,581 1,743 1973............. 1974 4/ 2,880 2,880 - 1975............. 89,891 2,644 3,423 34,199 10,195 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 12,677 17,337 10,933 2,040 1,479 141 300 4,304 7,546 240 371 300 37,554 36,679 37,554 4,242 4,628 4,242 8,353 8,317 8,353 285 245 285 2,645 3,142 1,735 - 1,479 29,222 7,185 7,370 7,185 1,479 1,322 1,258 1,302 1,263 1,398 1,209 1,525 1,752 1,547 1,666 302 399 425 456 508 407 347 384 406 400 451 7,076 6,905 •6,965 7,398 8,758 8,006 7,591 8,207 8,554 8,661 9,242 36,278 38,534 47,928 45,005 49,370 55,517 52,801 73,591 65,811 64,940 68,331 4,328 4,744 4,207 4,312 4,358 4,729 4,661 4,602 4,439 4,779 4,594 1977............ 1978 ...... 1978-Nov........ 1979-Jan........ Feb........ May........ June....... July....... Aug.. ....... 1/ 2/ 3/ 4/ 122,893 3,528 1,797 47,820 164,470 157,188 164,470 3,390 3,416 3,390 2,546 2,538 2,546 67,415 62',352 67,415 162,536 162,196 164,570 157,948 156,357 165,004 165,515 188,029 182,786 178,212 181,310 2,699 2,759 2,864 3,583 3,170 3,196 2,850 ‘ 2,397 3,139 2,372 5,652 2,504 2,365 2,524 2,491 2,567 2,506 2,590 2,607 2,320 1,851 1,832 68,250 65,647 59,774 51,614 43,727 46,304 49,425 50,146 50,842 49,411 43,921 16,086 17,337 17,574 187424' 17,640 18,849 19,983 19,646 . 20,201 20,254 20,159 20,719 19,158 11,239 10,066 11,239' 10,405, 9,426 9,349 10,202 10,278 11,138 | 11,361 1 11,757 12,425 10,603 12,847 Includes Bank f«r International Settlements and European Fund. Time deposits exclude negotiable time certificates of deposit, which are included in "Other liabilities." Dajta not available separately prior to April, 1978. Data on the two lines shown for this date differ because of changes in reporting coverage. Figures on the first line are comparable in coverage to those shown for the preceding dates figures on the second line are comparable to those shown for the following date. 5/ p ' 8,264 8,357 8,504 8,623 8,735 8,744 8,731 8,748. 8,894 8,769 8,999 285 358 299 1,152 693 516 350 285 269 315 375 Data on the second line differ from those on the first line because those liabilities of U.S. banka to their foreign branches and those liabilities of U.S. agencies and branches of foreign banks to their head offices and foreign branches which were previously reported as deposits are included in "Other liabilities";certain-accounts previously classified as "official institutions" are included with "banks"; and a number of reporting banks are included in the series for the first time, Preliminary. 3,384 3,142 3,091 *2,957 2,832 2,960 2,946 2,898 3,399 3,523 3,777 3,846 4,242 98 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—Continued Part B - Nonmonetary International and Regional Organizations (In millions of dollars) End of calendar year or month Total Deposits Demand f 1971 2/......................... f 1974 2/......................... 1978-Nov........................ Dec........................ 1979-Jan........................ Feb........................ Mar........................ May........................ July....................... Oct. p ..................... Notes J./ f ^ Other liabilities 1/ Time 1/ (2) (3) (4) (5) r,498 1,502 62 62 83 83 244 244 1,109 1,113 1,609 69 159 211 1,170 1,818 1,814 73 73 192 192 211 211 1,342 1,338 (1) 1969 2/......................... U.S. Treasury bills and certificates 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 5,696 139 148 2,554 2,855 5,705 290 205 2,701 2,509 3,245 231 139 706 2,169 2,617 2,225 2,617 330 153 330 94 102 .94 201 183 201 1,992 1,787 1,992 2,317 2,095 2,364 2,300 2,757 2,851 3,437 3,462 £,905 2,389 2,717 333 272 276 270 298 264 216 15* 161 143 214 88 102 99 100 85 87 79 87 32 82 80 183 193 211 212 175 199 1,345 1,442 912 327 258 1,712 1,527 1,778 1,718 2,198 2,301 1,797 1,779 1,753 1,837 2,165 Principally the International Bank for Reconstruction and Development and the Inter-American Development Bank; excludes Bank for International Settlements and European Fund. Time deposits exclude negotiable time certificates of deposit, which are included in "Other liabilities." 2J p 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, Preliminary. 99 January 1980 ■CAPITAL MOVEMENTSSection I - Liabilities to Foreigners Reported by Banks in the United States Table CM-I-3. - Total Liabilities by Country ________________________ (Position at end of period in millions of dollars)___________ ____________ Calendar year Country July Europe: Austria.................. Belgium-Luxembourg........ Bulgaria................. Czechoslovakia........... Denmark.................. Finland.................. France................... German Democratic Republic. Germany.................. Greece................... Hungary................. . Italy................... . Netherlands............... Norway.................. . Poland.................. . Portugal................ . Romania................. < Sp^in. Yugoslavia... Other Europe. 348 2,314 n.a. n.a. 364 422 4,894 n.a. 6,311 403 n.a. 3,212 3,011 785 n.a. 240 n.a. 564 1,693 9,484 166 10,127 51 189 2.928 Total Europe. 47,508 Switzerland. Turkey......... United Kingdom., 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.............. 319 2,590 n.a. n.a. 771 330 5,293 n.a. 7,337 603 n.a. 6,866 2,885 949 68 273 n.a. 624 2,718 12,480 130 14,215 99 232 ...urn, 60,755 3,365. 452 2,533 446 2,607 25 25 1,572 477 9,678 47 10,953 761 23 8,490 2,381 1,264 126 306 57 1,128 2,240 16,899 302 18,925 63 160 3.555 68 38 1,176 468 9,656 52 8,721 685 19 9,687 2,654 1,349 123 356 20 1,232 2,450 16,087 266 18,244 62 152 3,963 87,060 449 2,828 37 48 1,423 519 10,047 55 10,663 696 34 9,708 2,653 1,321 121 414 15 1,081 2,381 15,872 270 22,743 80 3.^2 7,156 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 6 320 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 1,648 6,750 621 1,141 6,064 399 1,763 13 323 428 52 3,429 308 2,995 363 216 231 3,825 2,047 16,406 411 1,388 9,201 403 2.411 7 392 319 46 3.411 423 3,162 382 153 250 3,009 1,849 13,045 348 1,351 8,343 465 2,300 7 444 ' 319 104 3,650 431 3,107 425 102 233 3,947 1,703 1,971 1,598 1,675 1,537 447 3,016 52 20 1,115 427 10,598 64 13,408 691 57 8,591 2,291 1,405 113 557 25 1,142 2,064 16,846 244 22,765 '52 _ J 8 _ 2,041 18,394' 438 1,679 18,555 450 1,055 13,191 356 2,383 449 320 67 3,676 370 3,086 391 81 223 3,207 11* 906 420 2,195 9 364 335 175 3,567 367 3^346 \477 171 218 2,915 1,799 15,400 445 998 12,076 425 2,250 7 482 361 113 3,545 618 3,936 388 74 217 3,180 1,597 1,806 1,721 1,756 49 1,340 1,549 501 555 626 10,914 960 176 162 293 599 876 23 308 45 1,414 1,631 587 481 579 7,938 960 195 194 299 673 673 33 419 14,468 6 1,202 45 1,232 1,641 679 463 631 13,362 948 180 181 287 634 747 23 425 10,694 449 29,804 30,548 36,586 29,594 30,695 32,099 32,621 333 27 143 36 1,116 558 404 35 82 66 175 39 1,155 581 404 47 67 32 168 43 1,525 605 306 37 93 45 318 56 1,566 ___8I2_ 378 43 106 35 198 37 1,699 ____ 222 - Total Africa. 2,301 2,538 2,892 3,239 Other countries: Australia..... All other..... 1,912 108 1,154 161 843 241 2,020 105,720 123,808 International and regional: International........... European regional....... Latin American regional.. Asian regional.......... African regional........ Middle Eastern regional.. 5,150 22 271 243 26 n.a. 2,725 7 288 Total international ,and regional............. 5,710 3,256 2/ 12 476 374 74 3,683 469 4,298 417 66 185 3,025 32,168 42 1,028 1,577 707 317 625 13,148 834 194 231 287 620 623 26 330 11,095 ____ 416_ 1/ _*iJL 1:18 17,424 254 24,196 43 147 3,241 1,913. 24,108 423 1,097 13,625 459 2,386 42 770 1,457 876 509 621 13,158 825 170 182 256 641 762 16 307 9,654 449 Grand total.............. 1,112 2,167 16,876 260 24,279 53 7.332 47 740 1,560 943 409 706 12,626 818 156 255 227 690 563 13 413 9,006 422 Total foreign countries.... 406 2,882 54 23 1,180 402 10,400 63 11,080 792 28 8,384 2,170 1,410 91 599 18 88.546 68 503 1,260 794 449 674 21,955 803 166 176 264 645 370 22 427 7,591 419 Total other countries. 428 2,806 42 25 1,015 346 9,439 32 13,433 632 55 8,521 2,183 1,396 107 624 13 8.509 53 1,013 1,096 975 410 559 14,646 602 144 157 253 697 295 16 264 8,979 390 Africa: Egypt................... Ghana................... Liberia................. Morocco................. South Africa............. Zaire................... Oil-exporting countries 2/ Other Africa............. Nov.p 8,633 48 990 895 648 340 392 14,387 438 140 n.a. n.a. 628 280 35 277 9,360 945 Total Asia. Oct. p _89,627 ..8.2 ,ga&- 4,731 Total Latin America and Caribbean............., Asia: China: Mainland............... Taiwan................ Hong Kong............... India................... Indonesia............... Israel.................. Japan................... Korea................... Lebanon................. Malaysia................ Pakistan................ Philippines.............. Singapore................ Syria................... Thailand........ . Oil-*exporting countries 1/ Other Asia.............. 514 2,782 29 31 1,947 347 9,331 42 17,696 826 103 7,713 2,416 1,273 107 332 17 878 3,126 18,924 318 14,604 82 254 Sept. Aug. 210 28 n.a. 1,485 38 822 264 22 111,430 Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (Trucial States). Includes Algeria, Gabon, Libya, and Nigeria. 130 40 176 245 32 114 41 243 73 1,832 625 __ 31,129 294 36 122 30 201 112 3,116 3.205 897 813 291-, 1,188 35,7. 1,738 15 836 239 29 627 .207.. 554 234 20 924 233 10 533 241 719 272 774 l*W, 2,257 380 36 125 36 221 104 2,427 26 800 203 14 1,810 13839 245 17 3,470 2,923 193,454 188,018 180,521 183,619 1,343 24 769 247 19 1,504 157 804 250 17 0 170,916 Less Ilian $500,000. Hr e nminary. n.< Not available. 2,732 182,924 186,351 Treasury Bulletin 100 — 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 November 30, 1979 Preliminary (Position in millions of dollars) Liabilities payable in dollars Total liabilities To foreign official institutions and unaffiliated foreign banks Totals Country Total Payable Payable in foreign in dollars curren cies l! (3) (11. Banks' own lia bilities &>.. Custody liabil ities Deposits Time 2/ Demand Short term U.S. Treasury obliga tions (8) (5) (6) 194 1,347 * * 78 276 23 15 39 17 770 22 111 247 6,817 * 6,464 286 133 89 549 38 2,897 131 * 7 17 119 393 127 6,453 2 22 5,574 1,059 1,089 15 24 3 273 1,707 12,760 825 307 148 57 149 (7) Liabil ities to banks' Other own liabil- foreign ties offices (9) (10) Liabilities to all other foreigners Deposits Demand (11) Short Time 2/ term U.S. Treasury obliga tions (13) .( 12) Memo randum Negoti able Other liabil- CD’s held for all ties for eigners (14) (15) Europe: Finland...... ............ German Democratic Republic. Greece................... Poland................... Turkey................... Latin America and Caribbean: Argentina............... . Bahamas...... ........... , Chile.................... Cuba..................... Netherlands Antilles...... Panama................... Venezuela................ Other Latin America and 406 2,882 54 23 1,180 402 10,400 63 11,080 792 28 8,384 2,170 1,410 91 599 18 1,193 2,066 17,424 254 24,196 43 147 3.241 88,546 404 2,786 54 23 1,165 390 10,301 62 10,801 792 27 8,344 2,160 1,407 79 595 18 1,184 2,064 17,220 145 24,052 43 147 3.240 87,502 7,332 1,679 18,555 450 1,055 13,191 356 2,383 3 96 * * 15 210 2,204 ^1A 31,207 5,415 1,728 462 51 1,561 186 4,051 367 1,450 18,450 233 911 12,255 350 928 122 303 53 49 453 91 141 155 49 28 108 228 23 254 404 5 1,513 291 18,056 * 181 37 63 139 29 59 124 1,101 3 1,043 317 64 572 14 912 357 4,460 143 20,506 37 141 lr962 44,025 7,143 189 1,573 18,533 404 1,051 12,487 356 2,377 106 12 12 476 374 74 3,683 469 4,298 417 476 374 74 3,666 460 4,288 417 66 66 185 3,025 185 3,014 1,756 99 1 279 * 1 12 4 * 9 2 204 109 143 * * 1 22 46 4 704 * 7 * * * 18 2 3,546 6 6 83 171 140 232 6 1,449 11 1 1 25 174 44 143 123 87 5,025 671 326 3 * * 8 73 1,261 8,649 26 356 412 434 1 - 4 10 80 4 104 * 21 23 9 59 3 9 * 21 66 12 166 2,847 166 1,756 * 1,551 205 340 10 52,505 51,567 938 47,755 3,812 2,782 45 1,414 1,631 587 481 579 7,938 960 195 194 299 673 673 33 419 15,006 45 1,413 1,624 582 481 574 7,867 951 195 192 299 671 671 33 415 15,000 * 4 659 242 364 73 98 3,398 229 3 186 236 85 91 145 846 248 73 50 63 332 87 18 6 42 754 1,383 218 408 475 4,469 721 189 76 294 609 654 32 205 5,493 9,507 31,129 31,014 115 16,022 380 36 125 36 380 36 125 36 213 104 377 35 89 35 171 85 1.519 20 842 100 309 24 77 180 14 58 297 * * * 6,230 55 1 12 451 361 73 3,225 402 3,626 399 12 1 1 324 90 441 58 662 17 * 8 ,10 8 43 * * 1 r?78 43,477 10 12 11 385 216 1,232 127 939 26 123 123 8,929 40 1,439 54 23 388 143 3,485 62 4,337 505 25 2,769 1 1 * 192 16 1 88 1 98 * 9 223 6 8 1 1 133 * * * 86 12 8 1 4 697 93 * * 18 15 109 264 842 30 * 584 134 1,061 19 318 229 4 1,281 603 743 17 335 4 253 514 4,337 9 2,897 16 19 2.046 16,559 27 * 1,910 * 718 176 1 * 126 34 5 1 12 10 1 4 * * 1 64 3 77 73 9 2,136 1 2 6 17,622 320 119 1 1 3 1 41 * 179 12 41 1 11 4 51 * 49 1 66 150 168 2,919 30 9 305 40 95 17 146 * 908 5,503 307 51 107 83 593 39 105 114 73 136 271 9 104 168 28 2,155 62 388 117 * 20 2 18 153 14 231 7 14 133 200 1 1 - 148 355 346 32 23 * 18 * 144 1,395 146 22 6 8 1 144 229 85 154 2,141 1,009 12 42 74 262 14 3 135 * 851 23 1,196 66 17 381 1 7 2 1 * 1 * * 7 2 220 1 6 6 625 * 1 2 1 * * 448 136 651 4 1 1 122 * 391 18 565 3 13 73 809 * 12 5 6,566 57 1,839 2,072 * 92 * 54 15 3 3 65 28 26 5 4 _ 8 22 782 9 31 414 67 1,306 161 120 29 274 546 417 4,100 33,335 1,925 15 9 _ 488 127 327 _ 4 299 113 89 242 144 446 173 4 52 1 218 * 3 38 10 8 1 132 24,859 11,577 5 6 16 * * 7 28 * 92 13 2 1 138 25 * 50 64 65 3 9 * 54 17 179 877 325 1 10 20 21 15 - 1 15 Total L&tin Anisricd duel Asia: China: Taiwan................. India.................... Japan.................... Singapore................ Africa: Egypt......... .......... Middle Eastern regional.... 2 3 4 6 116 5 62 17 12 16 * 53 28 230 3 1 2,900 121 - 6 101 2 1 2,337 14 17 216 _ _ 183 5,917 14 3 104 14 * 60 3/ 5,045 14,992 4,902 617 10,169 6,756 3 * 37 231 1 1 _ * _ 119 7 1 42 19 692 25 131 29 842 59 1,285 60 1 210 104 2,214 2,211 3,116 3,105 11 2,311 794 5 6 102 8 20 _ _ _ * 1 1 6 _ 37 17 686 :1/ 41 386 740 560 11 91 600 44 104 157 3,255 157 79 17 3 10 _ 121 127 327 1 11 10 21 * * 186 9 21 22 1 3 1 49 499 * 23 446 1 12 33 278 201 103 * _ * * * 3 3/ 5,743 912 974 121 820 1,955 _ _ 1 37 . _ 36 1 1 * 211 115 7 15 3 7 85 28 49 60 12 1 10 23 2 7 70 20 2 17 4 1 10 6 12 8 6 31 28 114 5 * 1 * 16 5 12 2 11 4 1 556 * 1,735 2 1 17 3 48 * 84 17 3 75 * 3/ 32 * 135 144 110 * 71 37 5 11 _ 1 _ _ 719 272 714 266 38] 240 332 25 71 67 * 19 262 17 184 56 136 73 40 6 11 16 17 * * 5 5 39 * 991 979 12 622 358 139 20 278 240 209 51 33 * 10 39 183,619 181,310 2,309 116,150 65,161 18,499 3,499 44,372 28,400 68,331 4,594 8,999 375 4,242 9,690 1,504 157 804 250 17 * 1,504 157 790 250 17 * 570 47 40 90 933 154 41 21 229 9 9 4 1,100 _ _ * * * _ _ 228 6 11 - * - * * * * * - - - * - - 1,118 8,999 375 4,242 10,808 International and regional: Latin American regional.... 2 * * * * * 7 _ 3 221 Other countries: Australia................ 1 7 5 5 71 9 * _ * 14 _ - 110 750 160 * * ~25 34 * 12 6 1 107 744 206 _ _ 8 * - _ _ _ _ _ _ 736 151 3 Total international 2,732 2,717 14 753 1,964 214 80 258 2,165 - * 186,351 184,027 2,323 116,904 67,125 18,713 3,578 44,630 30,565 68,331 4,594 \J As of end of September 1979. — / deludes negotiable time certificates of deposit, which are included in "Other*" liabilities. 3/ u. S. Treasury bills and certificates held in custody for the account of oil* exporting countries in "Other Asia" and Other Africa" amounted to $6,501 million, Less than $500,000. ' 101 January 1980 .CAPITAL MOVEMENTS. Section II - Claims on Foreigners Reported by Banks in the United States Table CM-II-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 (1) Official insti tutions Total (3) (4) Deposits Other for eigners (6) J£L Collect Accept tions ances out made for standing account for account of of for reporting eigners banks and domestic customers(7) (8) of Other claims J9L Total reporting banks and domestic customers with for eigners Other claims (10L (11) (12) 12,278 J2L 11,813 6,323 775 1,934 3,614 1,733 2,854 903 466 336 129 f 12,828 \12,930 12,295 12,397 ' 6,087 6,084 764 764 2,155 2,152 3.169 3.169 1,954 2,015 3,169 3,202 1,084 1,096 534 534 352 352 181 181 13,877 13,242 5,749 623 1,956 3.170 2,389 3,985 1,118 635 352 283 1971 1/ 2/. ^16,837 l 16,939 15,973 16,022 7,848 7,314 7J98 806 2,928 2/ 2,395 2/ 4,122 4,113 2.475 2.475 1,407 g, 1,979 2/ 864 917 549 548 315 369 1972 1/.... 20,425 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 4,243 4,254 3,20A 3^226 2,853 3,092 886 441 441 445 445 1973. 1974. 1975. 1976. 25,985 44,958 58,307 79,302 13,106 17,777 21,516 28,308 13,406 6,532 7,805 10,324 12,018 4,307 5,637 5,467 5,756 4,160 11,237 11,147 12,358 4,413 10,307 20,178 32,878 30.631 15.367 12,302 6.176 14,212 39.187 734 1,276 1,458 1,833 2.355 428 669 656 1,103 90.205 1,444 1,709 1,989 2,885 2,961 5,129 8,263 9,202 1977. 26,719 46,235 59,767 81,135 92,562 941 306 607 802 730 1.415 1977-Apr.. May.. June. 78,210 80,476 82,033 76,283 78,510 80,065 26,799 27,065 2b,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 81,874 81,085 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 Dec.., 27,921 27,284 28,997 28,969 28,183 30.631 32,288 86,507 87.357 92,562 80.039 78,970 81,869 84,300 85,270 90.205 14,212 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 1978-Jan.., Feb.. Mar.. Apr.. 94,246 93.357 98,832 98,197 91,874 91.040 96,449 95,876 29,306 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 1968___ 19691/., 197 0 July. Aug.. Sept., Oct.., Nov.., Note: 1/ 83,812 29,346 32,498 32,335 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 accordinglyv '(See .introductory text to Capital Movements Section for discussion of changes in reporting forms and coverage.) Data on the two lines shown for this date differ because of changes in reporting coverage. Figures on the first line are comparable in 1,422 1,435 1,288 coverage to those shown for the preceding date; figures on the second line are comparable to those shown for the following date. _2/ Data on the second line differ from those on the first line because those claims of U.S. banks on their foreign branches and those claims of the U.S. agencies and branches of foreign banks on their head offices and foreign branches which were previously reported as loans are included in "Other claims"; and a number of reporting banks are included in the series for the first time. T able CM-II-2. - T ota l Claims by T ype (HEW SERIES) (In millions of dollars) Payable in foreign currencies Payable in dollars End of calendar year or quarter-end month Total claims Total 1979-March........................ June......................... Sept.p............... ....... Note: p Banks' own claims Claims of banks' domestic customers (4) Total Banks' own claims Claims of banks' domestic customers (1) 102,893 108,417 130,348 (2) (3> (5) (6) 99,465 105,021 126,459 90,351 95,964 115,372 9,114 9,057 11,087 3,428 3,396 3,889 2,619 2,950 3,522 (7) 809 446 367 123,717 131,799 147,676 120,639 128,787 144,457 108,343 115,245 127,167 12,296 13,542 17,290 3,078. 3,012 3,219 2,602 2,492 2,607 476 520 612 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 102 Treasury Bulletin -CAPITAL MOVEMENTSSection II - Claims on Foreigners Reported by Banks in the United States Table CM-H-3. - Total Claims by Country (Position at end of period in millions of dollars) Calendar year Sept. Europe: Austria.................. Belgium-Luxembourg....... Bulgaria................. Czechoslovakia........... Denmark.................. Finland.................. France................... German Democratic Republic Germany.................. Greece................... Hungary.................. Italy.................... Netherlands.............. Norway................... Poland................... Portugal................. Romania.................. Spfin. 67 673 n.a. n.a. 150 206 1,643 n.a. 611 280 n.a. 1,034 337 139 n.a. 222 10 10 270 328 4,505 62 1,382 241 33 1,699 807 323 411 189 108 1,242 581 1,659 365 14,021 438 445 147 270 328 4,505 62 1,382 241 33 1,699 807 323 411 189 108 1,242 581 1,659 365 14,021 438 445 147 204 317 3,661 63 1,175 270 52 1,551 714 232 417 224 74 1,091 352 1,280 226 12,400 399 537 161 1,175 286 1,340 216 16,201 406 613 218 18,929 31,065 23,472 31,065 27,787 32,103 38,976 4,163 7,732 5,784 7,732 7,996 8,551 1,479 19,919 232 4,665 6,633 680 678 2,469 21,673 391 6,697 9,580. 1,064 1,070 1,878 20,368 143 5,705 8,778 788 791 3 704 96 53 5,222 254 2,350 983 51 67 3,068 2,469 21,673 391 6,697 9,580 1,064 1,070 3,427 19,375 130 6,657 9,474 1,151 1,144 7 995 119 45 6,726 312 3,654 740 47 78 4,115 3,525 19,415 182 7,850 9.449 1,399 1,308 492 280 7,138 495 236 701 Total Europe., 15,548 Canada........ . 3,686 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 88 n.a. 755 221 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............... 176 1,954 69 13 166 227 4,295 67 1,128 247 119 1,661 620 232 388 187 196 2,108 72 1,989 78 23 189 262 4,496 80 2,168 285 398 1,902 772 267 463 346 82 1,295 506 1,479 194 20,109 413 678 282 10 10 2 519 n.a. n.a. 4,922 229 1,415 962 48 80 2,336 773 114 48 5,657 298 3,120 928 59 67 3,889 163 1,571 63 Sept. p 113 1,235 50 5 160 241 3,462 43 1,038 195 31 1,227 502 282 414 115 52 904 374 1,083 390 10,537 466 388 164 817 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 Switzerland. Turkey......... United Kingdom., U.S.S.R........ Yugoslavia... Other Europe., 163 1,571 63 June p 2 773 114 48 5,657 298 3,120 928 59 67 3,889 2,947 19,785 179 6,805 7,742 1,017 1,042 7 918 110 68 5,807 304 2,977 852 40 63 3,942 102 6 1,038 131 37 8,710 351 4,566 743 52 83 4.449 1,422 1,352 1,621 1,561 1,621 1,674 1,578 1,663 Total Latin America and Caribbean............. . 39,127 46,159 59,523 52,865 59,523 56,280 59,773 64,958 Asia: China: Mainland................ Taiwan................. Hong Kon< ............... India.................... Indones i................ Israel................... Japan.................... Korea.................... Lebanon.................. Malaysia................. Pakistan..1............... Philippines............... Singapore................ Syria.................... Thailand................. Oil-exporting countries 1/. Other Asia................ 5 1,345 326 70 218 760 11,379 1,982 46 n.a. n.a. 719 425 32 442 1,459 369 12 1,721 550 55 232 589 10,087 2,341 78 127 132 596 476 30 634 1,769 109 7 1,804 1,611 70 198 907 14,010 2,487 61 1,520 1,054 94 216 567 11,295 2,068 51 148 158 791 992 17 659 2,545 130 1,804 1,611 70 198 907 14,010 2,487 61 14 2,199 1,977 106 192 887 13,825 3,662 64 164 726 1,393 18 777 3,522 108 18 2,185 2,080 78 183 964 13,904 2,818 49 164 140 680 1,114 30 790 2,330 83 34 2,256 1,894 97 182 938 16,046 4,003 77 194 195 692 1,175 19,576 19,538 22,313 28,063 27,609 28,032 31,305 135 17 n.a. 28 1,005 524 550 119 34 227 43 1,129 98 511 421 114 36 233 108 1,072 180 602 401 74 23 241 45 1,238 105 564 404 114 36 233 108 1,072 180 602 401 78 26 219 91 902 174 602 413 186 18 244 67 950 169 617 408 129 17 246 52 908 152 707 410 2,371 2,583 2,747 2,694 2,747 2,505 2,659 2,620 610 177 921 187 979 135 1,006 939 157 905 238 963 1,108 1,114 1,114 1,095 1,143 1,165 92,481 130,244 130,244 123,632 131,707 147,576 75 74 1 10 1 6 9 16 Total Asia., Africa: Egypt................... Ghana................... Liberia.................. Morocco................. South Africa............. Zaire................... Oil-exporting countries 2/ Other Africa............. Total Africa. Other countries: Australia..... All other..... 112 Total other countries. Total foreign countries..... International and regional: International............. European regional......... Latin American regional.... Asian regional............ African regional.......... Middle Eastern regional.... 81,095 64 3 26 6 12 1 7 2 202 164 726 1,393 18 777 3,522 108 92,562 130,348 1/ Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (Trucial States). V Includes Algeria, Gabon, Libya, and Nigeria. 108,334 75 1 10 Total international and regional............... Grand total. 200 10 1 202 979' 135 20 1,062 2,278 163 202 77 1 83 104 108,417 130,348 p * 202 153 713 978 42 914 1,958 146 Preliminary. Less than $500,000. 100 123,717 n.a. 131,799 Not available. 147,676 January 1980 103 -CAPITAL MOVEMENTSSection II - Claims on Foreigners Reported by Banks in the United States Table CM-II-4. - Total Claims on Foreigners by Type and Country Reported by Banks in the U.S. as of September 30, 1979 Claims of bank's domestic customers Reporting bank's own claims Country 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 If 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.... .......... Total claims Total bank's own claims (1) (2) 222 214 1,934 76 Remaining maturity of claims on. roreign pblic borrowers and unaffili ated foreigner s One year More than or less one year (3) (6) (5) (4) 178 838 39 17 143 168 1,759 32 1,232 138 106 1,108 483 196 183 283 26 672 296 881 Total claims payable in foreign currencies On own foreign offices 9 15 27 4 17 59 506 34 84 51 288 4 882 - 1,989 78 23 189 262 4,496 80 2,168 285 398 1,902 772 267 463 346 82 1,295 506 1,479 194 20,109 413 678 282 395 1,630 683 247 450 325 77 1,140 469 1,400 150 12,811 330 600 248 7,430 81 208 156 68 22 38,976 29,795 16,754 3,667 7,935 8,551 5,223 2,462 1,371 3,525 19,415 182 7,850 9,449 1,399 1,308 1,038 131 37 8,710 351 4,566 743 52 83 4,449 3,286 19,184 175 7,307 9,316 1,335 1,260 4 944 105 32 8,461 334 4,512 717 30 60 4,206 1,848 4,362 161 3,461 2,609 844 910 * 644 67 18 4,422 159 1,479 543 1,663 6 21 171 237 3,859 77 2,039 211 101 222 15 42 263 36 37 376 162 33 17 676 246 377 6 1,478 7 526 19 235 134 * 5 77 23 197 10 * 5 10 115 3 197 2 1 65 51 9 4 74 3 267 83 2 561 * 117 1,438 2,468 9.181 8.979 202 949 441 49 3,328 3.013 315 1,193 57 242 14,722 1 4 43 * 216 12 3,484 27 481 336 4 290 32 352 6,549 239 231 7 543 134 64 48 239 230 7 542 119 64 48 264 221 1 31 433 4 15 4,271 - 10 10 131 * 13 9 1 6 1 * * 73 13 1,062 320 118 64,958 62,772 25,809 11,794 34 2,256 1,894 97 182 938 16,046 4,003 77 194 195 692 1,175 28 1,936 1,856 78 141 885 14,891 3,728 62 173 187 639 1,141 9 1,685 708 49 55 529 11,418 3,233 54 35 16 168 104 20 10 1,062 2,441 1,033 10 886 2,020 31,305 28,808 63 115 9 384 116 119 8 2 26 1,385 24 242 189 84 16 8 173 * 98 105 3 5 2 2 93 27 5 250 17 54 26 93 27 5 248 17 54 26 1 1 7 * 128 * * * 1 1 * 2 14 * * * * * * 1 * * * * * 22 22 86 23 243 23 242 4 199 158 158 1 24,851 318 2,860 2,186 2,164 22 3 4 16 4 2 6 6 1,366 559 320 38 19 41 52 1,154 275 15 320 38 18 41 52 1,103 275 15 22 8 21 8 53 34 53 34 1,588 82 334 391 189 5 58 3 81 60 * 19 193 * 79 1,029 13 3 19 2,872 291 3 76 171 79 620 124 223 21,192 1,713 8 12 478 443 11 * * 26 1 3 210 15 * 4 * 302 7,534 2,539 6 6 * 1 2 * * 51 * * 1 19 * 4 17 10 10 29 421 29 421 * * * * * 5,602 301 13,564 2,498 2,442 55 5 7 * 56 * 12 9 9 * 12 12 6 17 28 165 17 28 152 * * * 12 - 1 3 50 16 568 30 622 173 7 80 119 237 11 2.141 1.400 622 80 762 176 409 93 102 233 202 58 Total other countries.... 1,165 938 501 Total foreign countries.... 14,576 129,677 77 2 11 8 1 5 246 165 5 692 119 112 2 6 88 20 88 5 154 37 72 43 7,169 82 78 34 * * 39 * * International and regional: International............ European regional........ Latin American regional... Asian regional........... African regional......... Middle Eastern regional... 17 25 633 3 5 155 37 79 44 7,297 82 78 35 14 16 9 1,505 963 1 1 17 25 638 3 129 75 3 271 * 7 * * * 4 * 41 * * 4 5 1 40 3,172 Other countries: Australia........ . All other................ 7 49 2 1 * * 11 2 2.260 7 55 (10) 20 2,773 9 4 4 3 Total Africa............. (9) 21 3 4 229 23 743 149 872 (8) Payable m foreign currencies 13 2 100 Payable in dollars 21 21 12 120 9 25 '4 107 156 * 160 46 194 175 Total 13 1 11 129 17 246 52 908 152 1,117 Customer liability on accept ances (7) 3,945 149 250 163 17 16 1,005 Africa: Egypt................... Ghana.................... Liberia.................. Morocco.................. South Africa............. Zaire................... Other Africa............. Memorandum 3 358 * 2 2 100 246 245 1 39 480 480 467 13 18 4 282 44 202 25 198 24 4 21 160 254 22 326 227 222 5 68,118 19,327 39,671 2,561 19,746 17,899 17,287 612 77 5 15 . - 20 10 * " 46 * “ * - “ 1 1 1 1 * * “ 1 _ ■ 5 14 “ “ * * “ Total international and regional............. 100 97 22 29 - 47 - 3 3 - Grand total................ 147,676 129,774 68,140 19,356 39,671 2,607 19,746 17,902 17,290 612 * Less than $500,000. 16 * * " 1 _ - Treasury Bulletin 104 _____________________ CAPITAL MnvBMRWTS 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 reporting banks' own claims Claims on unaffiliated foreigners Remaining maturity Total - 98,914 118,894 £2) 56,121 60,397 73,907 1979-Mar........ 11Q,945 117,737 129,774 71*831 77,898 87,496' 1978-June....... Sept....... p Preliminary. Claims on own foreign offices Over one year One year or less On foxeigtf On all On foreign On all public other other public borrowers foreigners borrowers foreigners J5) (ZL-. (3) 41,430 3,347 3,243 8,101 34,230 4,010 43,521 4,230 8,635 35,567 4,847 53,765 5,336 9,959 41,465 . 4,930 4,833 6,212 50,720 55,416 61,928 5,935 6,405 7,637 10,246 11,244 11,719 36,512 37,347 39,671 Payable in foreign currencies Memorandum claims items On unaffiliated foreign banks Customer On all liabili other foreigners ty on accept ances Total Deposits (12) (13) Other Deposits Other (8) 5,473 4,828 5,721 (9) 24,907 26,963 34,706 19,651 20,506 23,312 (11) 11,840 12,723 14,921 2,619 2,950 3,522 1,084 1,375 1,650 1,535 1,575 1,871 6,358 7,384 7,631 30,920 34,128 38,313 23,657 25,169 27,831 15,098 16,847 19,746 2,602 2,492 2,607 1,121 1,302 1,228 1,481 1,189 1,379 (10) (14) January 1980 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/ at of November 30, 1979 Preliminary (Position in millions of dollars) On foreign public borrowers and unaffiliated foreign banks Country (1) (2) On banks' own foreign offices On all other foreigners (3) (4) 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............. 167 1,420 73 5 149 182 3,303 79 1,409 171 399 1,262 731 257 516 352 88 1,050 548 1,232 151 11,502 311 582 185 157 819 73 5 119 120 1,407 74 849 89 389 753 254 152 384 315 Total Europe............. 26,126 13,855 8,733 4,157 16,018 460 7,499 8,874 1,346 1,522 4 1,007 115 34 8,336 227 5,774 604 36 71 4,392 2,732 2.089 57 4,249 1,541 833 942 320 13,893 614 11 26 4,811 39 1,091 449 29 30 2.090 9 1,551 826 7 551 3 50 276 5 30 62 289 4 284 76 244 182 265 295 10 105 132 36 68 20 637 497 666 145 5,126 269 420 68 385 51 189 5 931 42 162 109 Canada..................... Latin America and Caribbean: Argentina................ Bahamas......... ........ Bermuda...... ........... Brazil.................. British West Indies...... Chile................... Colombia.................. Cuba.................... Ecuador.................. Guatemala................ Jamaica................. Mexico.................. Netherlands Antilles Panama.................. Peru.................... Trinidad and Tobago...... Uruguay................. Venezuela................ Other Latin America and Caribbean.............. Total Latin America and Caribbean................ 363 7,258 25 12 6 4 106 29 4,145 571 26,427 62,028 Asia: China: Mainland............... Taiwan................. Hong Kong................ India................... Indonesia................ Israel.................. Japan................... Korea................... Lebanon................. Malaysia................. Pakistan................. Philippines.............. Singapore................ Syria........... ........ Thailand................. Other Asia............... 31 1,805 1,794 69 138 842 16,149 3,732 40 147 245 642 1,240 21 21 971 1,190 620 722 115 198 Total Asia............... 29,054 12,061 6,885 Africa: Egypt................... Ghana................... Liberia......... ........ Morocco......... ........ South Africa............. Zaire.................... Other Africa............. 250 73 565 135 743 86 5 16 63 214 119 393 27 1,063 431 40 61 441 5,453 2,557 20 41 9 264 290 1,105 35 403 2,887 75 488 568 4 384 99 4 3,419 160 538 148 5 36 2,211 90 983 10 5 14 4,006 265 10 71 220 92 805 13,141 3 652 380 18 71 387 6,690 910 10 35 15 285 145 * 237 270 TO' ,105'. 15 3 3 234 9 318 16 336 32 * Total Africa............. Other countries: Australia........ ....... All other................ 733 175 200 70 225 29 308 76 124,348 51,359 43,540 29,449 Total other countries.... Total foreign countries.... International and regional: International............ European regional....... . Latin American regional... Asian regional........... African regional......... Middle Eastern regional... 10 15 Total international and regional.......... . Grand total................ * Less than $500,000. 43,540 Treasury Bulletin 106 .CAPITAL MOVEMENTS. Section II - Claims on Foreigners Reported by Banks in the United States Table CM-H-7. - Domestic Customers’ Claims by Type End of calendar year or quarterend month Payable in dollars Total claims of banks' domestic customers (1) Total , (2) Deposits (3) Payable in foreign currencies Negotiable and readily transferable instruments Collections and other Total Deposits Other (4) (5) (6) (7) (8) Dec........ 9,924 9,503 11,454 9,114 9,057 11,087 419 500 972 3,694 3,724 4,762 1979-Mar........ June....... Sept. p.... 5,001 4,833 5,353 809 446 367 12,772 14,062 17,902 250 89 66 12,296 13,542 17,290 559 357 301 1,143 1,428 955 5,511 6,230 10,161 5,641 5,883 6,175 476 520 612 150 143 189 326 377 423 ! i p Preliminary, January 1980 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 at end ctf period in millions of doVlarsL Total banks' own claims Total liabilities Country "Other Europe" Cyprus..................... I Iceland.................... [ Ireland.................... J Monaco..................... I June 1978 June 1978 Dec. 1978 65 26 111 42 60 48 105 237 n.a. 33 165 186 5 187 188 346 301 14 9 193 203 404 265 193 178 182 129 16 n.a. 73 147 171 88 23 8 13 6 120 309 43 2 103 36 3 30 38 n.a. 9 36 * 7 3 10 52 13 Dec. 1978 7 26 71 June 1979 7 17 152 n.a. I "Other Latin America and ' Caribbean0 1 Barbados............... ....i Belize..................... i 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. ..... .... ....... Jordan............ "........ Kampuchea (formerly Cambodia)! Macao...................... Nepal...................... | Sri Lanka.................. Vietnam.................... Yemen (Aden)............... Yemen (Sana)............... "Cftfter Africa", Angola..................... Burundi.................... Cameroon................... Ethiopia, Including Eritrea.. Guinea..................... Ivory Coast..... <.......... Kenya..................... » Madagascar................. Mauritania................. Mauritius.................. Mozambique................. Niger...................... Rwanda..................... Sudan...................... Tanzania................... Tunisia.................... Uganda..................... Zambia..................... "All Other" New Hebrides............... New Zealand................ Papua New Guinea........... U.S. Trust Territory of the Pacific Islands..... . 6 6 169 195 287 239 12 21 67 169 160 68 17 94 39 6 9 36 4 6 36 23 55 11 18 39 13 20 36 63 140 164 83 15 106 48 2 19 52 6 5 30 65 35 10 26 37 7 36 44 10 4 11 26 7 4 22 36 26 13 30 26 26 123 17 157 15 27 185 36 12 21 n.a. 18 7 120 265 61 2 n.a. 12 1 n.a. 54 23 3 * 6 6 4 * 27 16 1 5 13 3 * * 53 6 10 15 * 24 17 2 4 12 2 3 * 70 15 13 n.a. 5 n.a. n.a. 25 21 1 4 14 n.a. n.a. n.a. 55 21 12 n.a. n.a. 56 100 4 17 Note: Data represent a partial breakdown of the amounts shown for the corresponding dates for the "Othei;" geographical categories in the regular monthly series in the Treasury Bulletin. 11 151 349 28 4 12 68 25 4 56 46 14 7 6 19 4 9 23 43 32 21 6 9 13 304 210 263 165 37 n.a. 23 37 10 5 51 6 44 n.a. 8 n.a. n.a. n.a. 1 4 27 82 23 n.a. n.a. 8 47 2 1 229 191 220 242 n.a. Not availaDie * Less than $500,000. 16 85 2 n.a. 171 n.a. 108 Treasury Bulletin _______________________________CAPITAL MOVEMENTS Section III - Supplementary Liabilities and Claims Data Reported by Banks in the United States Table CM-III-2 - Dollar Claims on Nonbank Foreigners (Position at end of period in millions of dollars) Dollar claims of U.S. offices End of calendar year or month Total dollar claims on nonbank foreigners (1) 19n8-Apr...................... 1979-Jan...................... Feb...................... Mar...................... Apr...................... July..................... 1/ P Federal Reserve Board data. Preliminary. 90,100 93,699 U.S.-based banks (2) 16,036 16,406 U.S. agencies & branches of for eign banks (3) 8,319 8,285 Dollar claims of U.S.-based banks' major foreign branches 1/ (4) 65,745 69,008 96,234 16,993 9,037 70,204 96,933 98,766 99,270 98,989 100,760 102,819 17,056 17,412 17,487 18,442 19,340 20,465 9,491 10,199 11,098 11,197 12,146 12,950 70,386 71,155 70,685 69,350 69,274 69,404 101,851 102,624 103,635 103,771 104,087 105,638 107,158 109,755 110,765 112,802 19,642 19,856 19,657 19,475 20,118 20,728 21,855 22,666 22,546 23,453 13,324 13,782 14,763 15,005 15,131 15,709 16,457 17,785 19,197 19,732 68,885 68,986 69,215 69,291 68,838 69,201 68,846 69,304 69,022 69,617 January 1980 109 -CAPITAL MOVEMENTS. Section IV - Liabilities to Foreigners Reported by Nonbanking Business Enterprises in the United States Table CM-IV-1. - Total Liabilities by Type (In millions of dollars) End of calendar year or quarter-end month Total liabilities Payable in dollars Payable in foreign currencies ( 1) ( 2) 1969 1/........ 3,511 4,428 3,124 3,958 197 0 5,780 5,283 1971 1/........ 5,863 5,901 5,388 5,439 475 463 1972 1/........ 6,659 7,017 6,174 6,550 484 466 (3) 387 471 197 3 7,899 7,186 713 197 4 9,799 8,899 900 197 5 10,345 9,740 605 197 6 10,099 9,390 709 197 7 11,085 10,284 801 1978-June...... Sept...... 11,870 12,786 11,044 11,955 825 831 1978-Dec. 1/ 2/ 12,807 14,192 11,819 11,136 988 3,056 1979-Ma........ r 13,683 10,984 2,699 14,641 12,126 2,515 June p .... 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 ttfose shown for the following date. 2/ p See introductory text to Capital Movements Section for explanation of changes in reporting, Preliminary. Treasury Bulletin 110 C A P I T A L M O V E M E N T S ......... Section IV - Liabilities to Foreigners Reported by Nonbanking Business Enterprises in the United States Table CM-IV-2. - Total Liabilities by Country (Position at end of period in millions of dollars) 1978 Calendar year Country 1973 1974 1975 1976 1977 1979 Dec. 1/ Sept. June p Mar. Europe: 3 314 n.a. n.a. 45 7 171 n.a. 624 48 n.a. 248 343 Finland....... ........... German Democratic Republic. Norway................... Turkey................... 22 790 n.a. n.a. 53 16 227 n.a. 787 40 n.a. 268 335 21 24 495 n.a. n.a. 35 4 207 n.a. 655 27 299 n.a. n.a. 38 9 276 n.a. 539 343 n.a. n.a. 38 3 230 n.a. 561 49 n.a. 20 n.a. 259 328 86 n.a. 173 518 7 4 200 37 342 1 1 40 3 313 50 424 * 61 362 * 41 334 * 45 393 * 1 1 1 1 37 9 449 39 7 478 37 5 477 42 5 481 1 1 1 1 2 680 72 * 228 495 23 3 664 38 900 43 * 357 572 24 4 9 25 167 723 39 768 40 1 201 1 1 154 578 26 14 119 81 554 104 2,312 98 77 17 159 99 499 56 2,363 20 n.a. 83 60 504 109 1,956 107 90 18 20 261 590 26 15 13 26 168 87 519 24 2,812 81 23 29 5,651 4,903 4,916 5,633 5,747 6,702 6,333 6,543 407 464 487 566 626 718 866 836 854 39 551 n.a. 46 514 n.a. 106 n.a. 14 17 * n.a. n.a. n.a. 45 440 n.a. 77 n.a. 18 13 * n.a. n.a. n.a. 44 478 44 56 125 454 93 81 151 135 447 151 85 175 16 46 * 28 137 423 80 74 86 120 64 19 29 n.a. 3 37 36 25 n.a. 4 100 222 n.a. n.a. 145 46 25 15 23 4 219 134 491 84 94 124 15 44 * 32 7 14 264 35 60 25 13 408 104 503 118 183 239 18 57 * 29 14 18 335 90 116 39 27 7 388 421 10 11 21 12 n.a. 13 n.a. 79 53 674 n.a. 19 n.a. 61 72 728 n.a. 4 n.a. 10 8 2,073 9 16 29 2,497 57 40 23 60 656 25 2,637 39 76 n.a. 13 n.a. 44 72 449 14 2,265 24 123 20 4,769 6,053 367 25 899 n.a. 65 n.a. 13 9 * n.a. n.a. n.a. 49 86 11 12 20 475 24 4 9 22 111 28 26 122 518 55 2,824 85 28 12 33 218 90 620 19 2,784 76 119 22 Latin America and Caribbean: Bahamas.................. Chile.................... Cuba..................... Jamaica.................. Mexico................... Netherlands Antilles £/.... 17 16 n.a. 3 37 89 199 231 313 1,233 1.137 1,229 1,351 42 35 41 14 15 33 807 37 n.a. n.a. n.a. 23 n.a. n.a. 17 93 12 Venezuela................ Other Latin America and 121 n.a. 23 14 * n.a. n.a. n.a. 63 34 27 14 n.a. 3 50 211 18 43 * 11 221 17 47 * 49 13 14 337 99 73 23 7 239 40 * 27 9 17 164 50 45 51 17 15 325 104 80 73 79 80 80 1,484 1,766 1,747 1.986 2,135 2,365 47 151 70 27 67 73 1,158 42 3 14 19 99 56 154 81 26 73 96 55 137 93 85 60 184 96 90 139 114 1,156 64 11 20 12 19 207 99 53 53 17 15 349' 21 Total Latin America and Asia: China: Philippines.............. Singapore................ Thailand................. Oil-exporting countries 3 /. >f Other Asia............... J 6 20 7 60 53 714 75 n.a. n.a. n.a. 31 n.a. n.a. 10 1 96 18 7 136 34 674 68 n.a. n.a. n.a. 21 n.a. n.a. 18 ' 1 110 41 23 98 42 589 71 n.a. n.a. n.a. 62 n.a. n.a. 25 8 2 157 42 37 56 67 999 103 179 65 23 49 72 1,119 103 2 8 20 16 3 75 69 5 17 1,511 18 158 167 11 1,102 58 3 13 19 223 3 59 1,591 41 3,377.. 100 185 617 1.117 1.344 10 1.697 2.191 2.406 3.178 3.823 3,616 3.700 Africa: Egypt.................... 10 n.a. n.a. 15 37 n.a. n.a. 27 n.a. n.a. 45 54 36 13 4 40 4 Morocco.................. 3 n.a. n.a. 14 47 18 46 4 3 166 50 88 86 311 53 Oil-exporting countries tj . \ J Other countries: Australia................ Total foreign countries..... International and regional: International............ Latin American regional.... Middle Eastern regional.... Total international and regional.............. y HI 176 113 241 445 I 46 320 52 34 3 5 146 35 56 332 53 196 393 608 574 664 711 103 121 21 19 10 100 6 6 112 20 , ( 2 25 39 133 255 3 56 1,524 43 220 1.238 V 2 23 19 117 231 17 59 1,154 59 43 1,751 31 r I 86 82 1,080 79 6 166 45 11 68 1,258 34 _________ h i m 20 45 314 60 4 4 167 69 91 346 58 3 194 62 107 414 67 729 759 900 8 116 19 134 18 135 14 11 75 9 100 30 123 18 131 12 16 30 11? 151 141 135 153 150 142 84 116 150 7,899 9,641 10,069 9,891 10,870 12.661 12,682 14^067 13,555 14,540 * * _ n.a. n.a. * 158 _ _ _ 276 _ _ _ 208 _ _ * 215 _ * 125 _ * 125 _ * 125 _ * * 128 _ 101 n.a. n.a. n.a. n.a. * 158 276 208 215 125 125 125 128 101 ', *99 9,79y 10,3*5 10,099 11.085 12,786 12,807 14,192 13,683 14,641 _ _ _ _ _ Data m two columns shown for this date differ because of changes m reporting coverage. Figures m the first column are comparable in coverage to those shown for the preceding date; figures m the second column are comparable to those shown for the following date. (See introductory text to Capital Movenents Section for explanation of changes in reporting.) 2/ 3/ 4/ + _ _ - _ _ - 120 * _ _ _ _ _ - - - Through December 31, 1975, Suriname included with Netherlands Antilles, Includes Bahrain, Iran, Iraq, Kuwait, Oman, Oatar, Saudi Arabia, and the United Arab Emirates (Trucial States), Includes Algeria, Gabon, Libya, and Nigeria. Less than. $500,000. p Preliminary. n.a. Not available, .. 111 January 1980 CAPITAL MOVEMENTS Section IV - Liabilities to Foreigners Reported by Nonbanking Business Enterprises in the United States Table CM-IV-3. - Total Liabilities by Type and Country as of June 30, 1979 Preliminary (Position in millions of dollars) Financial liabilities Country Total liabilities Total (1) (2) Payable in dollars (3) Commercial liabilities Payable in foreign currencies (A) Trade payables Total (6 ) (5) Other (7) Europe: Bulgaria.... .............. Denmark................... France.................... German Democratic Republic. Germany.............. . 2 1,838 1,149 22 2 2 11 2 2 11 6,543 3,336 1,964 1,371 3,207 1,397 1,810 854 195 92 104 659 368 291 _ 82 65 80 165 6 65 77 75 * * 16 * 142 _ 295 4 * 65 375 * 61 _ 91 4 * 9 260 2 768 40 Norway.... ............... Poland......... ........... Total Europe.............. 22 2 1 1 Yugoslavia...... .......... Other Europe............ . 313 * 42 5 481 154 578 26 14 Switzerland............... 20 256 * * Hungary....... ............ Romania................... 20 * 58 _ 15 _ 81 _ 204 56 116 _ _ 13 17 123 * 689 * * 45 393 * 1 2 2 * * 12 2 2 33 218 90 620 19 2,784 76 119 * 25 37 181 * 13 20 59 3 43 * * 4 3 184 25 80 * 1 26 4 339 2 2 473 36 168 1 6 1 90 47 202 101 12 24 14 9 33 193 53 439 16 946 7'4 117 3 6 2 27 26 123 1 585 38 7 5 11 . 37 * 1 21 1 155 * 305 29 * 42 101 12 11 4 32 165 26 316 15 361 37 110 6 Latin America and Caribbean: Bahamas.................. . Brazil.................... British West Indies....... Chile..................... Colombia.................. Guatemala................ . Mexico.................... Netherlands Antilles....... Panama.... ................ Peru...................... Trinidad and Tobago....... Uruguay........ ......... Other Latin America and Caribbean............... 104 503 118 183 239 18 57 * 29 14 18 335 90 116 39 27 7 388 22 22 438 38 19 ' 118 430 3 19 92 8 35 * 26 _ 110 2 55 3 121 12 118 10 2 41 * 13 * 16 7 28 _ 4 * 54 6 6 16 * 9 7 17 132 16 * 9 7 16 131 88 88 1 2 1 19 3 19 3 * _ _ _ 98 35 26 97 23 2 11 2 3 323 262 13 15 * 61 _ _ _ 20 7 * 2 1 1 203 149 1 1 1 1 1 5 65 5 61 80 51 51 1 29 22 7 2,365 1,052 977 75 1,313 990 322 60 184 96 90 139 114 1,156 64 * 3 9 * 3 9 * 60 181 87 1 1 10 1 1 10 3 23 28 9 27 57 158 59 79 6 656 343 1 1 1 1 * * 4 * * 4 1 1 99 358 41 * 7 38 73 244 Total Latin America and Asia: China: Mainland................. Hong Kong................. Indonesia....... . Japan............... ...... Lebanon................... Malaysia.................. Pakistan.................. Singapore................ . Syria........ ............. Thailand....... ........... Africa: Egypt..................... 2 25 39 133 255 _ 1 * 88 _ 313 * 138 105 500 63 2 1 18 * * 25 39 130 254 _ _ _ 142 23 1 56 111 11 68 * * _ 2 1 * 11 66 11 10 6 1,292 38 36 2 1,254 598 60 656 3,728 725 409 316 3,003 961 2,041 45 1 45 10 34 * * * * * * * 1 8 8 * 3 1 8 1 1 _ _ _ * 3 * 3 * 3 193 61 107 478 900 6 5 1 894 447 120 3 3 2 2 * * 116 28 23 26 93 30 150 5 5 * 145 49 96 14,540 5,319 3,453 1,866 9,221 4,213 5,008 * * 101 101 * _ _ 101 Liberia................... Morocco................... South Africa.............. Zaire..................... Other Africa............... 3 194 62 107 481 Total Africa.............. _ 104 312 * 187 49 3 166 447 6 12 Other countries: Total foreign countries..... 2 International and regional: Latin American regional.... Asian regional........... . Middle Eastern regional.... * _ _ _ _ _ _ _ _ _ _ - - - - - - - 101 5,109 Total international Grand total................. * Less than $500,000. 101 - - - 101 * 14,641 5,319 3,453 1,866 9,322 4,213 112 Treasury Bulletin ____________________________________________ CAPITAL MOVEMENTS___________________________________________ Section V - Claims on Foreigners Reported by Nonbanking Business Enterprises in the United States Table CM-V-1. - Total Claims by Type (,In millions of dollars) Payable in dollars End of calendar year or quarter-end month Total claims f \ Deposits Other (2) (3) (4) 5,925 6,523 5,339 5,895 n.a. n.a. n.a. n.a. (1) 1969 1/..................... Total Payable in foreign currencies Total (5) 586 628 Deposits (6) 221 244 Other (7) 365 383 7,110 6,528 n.a. n.a. 582 234 348 8,303 8,068 7,652 7,534 n.a. n.a. n.a. n.a. 651 533 318 289 333 244 9,094 9,960 8,445 9,309 n.a. n.a. n.a. n.a. 649 651 411 393 238 258 1973........................ 12,529 11,642 n.a. n.a. 887 493 394 1974........................ 15,806 14,785 n.a. n.a. 1,022 473 548 1975........................ 17,047 15,942 n.a. n.a. 1,105 566 539 1976........................ 19,350 18,300 n.a. n.a. 1,050 452 599 1977........................ 21,298 19,880 n.a. n.a. 1,418 613 805 1978-June.... ............... Sept.............. . 23,229 23,260 21,665 21,292 n.a. n.a. n.a. n.a. 1,564 1,968 673 803 890 1,165 25,160 27,193 23,396 24,223 n.a. 9,707 n.a. 14,516 1,764 2,970 937 1,063 827 '1*908 1979-Mar.................... 29,714 26,939 12,991 1? QAft 2 ^7/ 5 908 1,867 June p............ 29,048 26,181 11,873 14,308 2,867 961 1 905 1970........................ 1971 1/..................... f 1972 1/..................... f ^ ^ Dec. 1/ 2/............. 1/ f Data on the two lines shown for this date differ because of changes in reporting coverage. Figures on the first line are comparable in coverage to those shown for the preceding date; figures on the second line are comparable to those shown for the following date. 2/ See introductory text to Capital Movements Section for explanation of changes in reporting, Not available. p Preliminary, n.a. 113 January 1980 ■■ CAPITAL MOVEMENTS Section V - Claims on Foreigners Reported by Nonbanking Business Enterprises in the United States Table CM-V-2. - Total Claims by Country (Position at end of period in millions of dollars) Calendar year 1978 1979 Country 1973 1974 1975 1«76 1977 Sept. Dec. If Mar. June p Europe; German Democratic Republic. Switzerland.............. Yugoslavia............... 25 116 n.a. n.a. 48 50 321 n.a. 289 34 143 n.a. n.a. 43 127 482 n.a. 359 88 86 n.a. 286 447 48 n.a. 62 n.a. 297 95 154 51 1,835 97 52 58 n.a. 435 422 49 n.a. 90 n.a. 414 131 180 29 103 33 87 28 177 n.a. n.a. 39 87 348 n.a. 392 48 n.a. 421 384 48 n.a. 50 n.a. 454 104 301 29 2,232 161 44 104 32 198 n.a. n.a. 57 94 497 n.a. 450 60 n.a. 415 322 67 n.a. 52 n.a. 402 139 298 26 2,703 176 36 4,419 5,458 5,450 2,399 2,897 95 756 n.a. 377 n.a. 288 52 111 613 n.a. 655 n.a. 540 67 2,211 35 250 n.a. n.a. 58 30 587 n.a. 524 44 n.a. 415 248 53 107 90 n.a. 433 167 269 46 3,105 67 32 64 6,147 3,521 4,148 95 674 n.a. 581 n.a. 352 151 1,511 n.a. 814 n.a. 282 92 1-22 38 208 3 5 35 67 690 37 201 3 7 53 35 767 39 191 3 8 60 43 783 8 12 10 611 48 882 103 7 475 293 69 924 104 9 496 360 74 6 425 248 53 18 65 47 235 3 4 59 56 660 9 767 85 38 223 4 4 57 41 654 11 781 82 3 525 383 71 6 495 356 73 19 78 16 298 161 344 40 4,964 127 61 45 20 21 82 425 136 404 39 3,158 44 35 •to 76 15 390 169 306 39 3,988 75 41 25 391 170 306 38 4,616 123 52 24 6,627 6.811 8.088 8.949 9.009 9.306 4,457 5,503 5,093 5,568 6,250 6,108 124 2,060 119 637 613 248 109 9 75 n.a. n.a. 491 38 227 73 23 23 499 104 2,359 203 563 930 216 94 115 2,967 294 776 1,284 199 135 4,215 303 627 2,448 184 121 102 144 3,263 175 622 2,289 182 115 9 72 44 92 674 42 217 75 27 7 439 9 67 50 89 654 49 149 83 34 21 11 486 108 2,696 208 775 1,125 196 118 9 70 46 89 648 42 207 76 27 7 443 414 444 12 21 22 70 23 329 157 323 38 5,204 150 54 59 Latin America and Caribbean: Chile.................... Netherlands Antilles 2/.... 10 10 n.a. n.a. n.a. 318 13 n.a. n.a. n.a. 460 23 243 63 n.a. 23 348 110 Peru..................... 65 n.a. 23 172 66 10 n.a. n.a. n.a. 577 33 207 67 n.a. 10 634 n.a. n.a. n.a. 527 36 186 82 n.a. 25 461 22 10 60 42 88 599 46 185 74 20 6 10 77 54 84 746 38 155 90 40 Other Latin America and 621 570 687 1,036 500 346 349 351 344 351 2,901 3,726 4,005 5,214 5,868 6,430 7,242 7,806 9,980 8,889 21 17 184 69 48 126 168 1,342 365 n.a. n.a. n.a. 180 n.a. n.a. 30 60 214 113 47 164 175 9 180 103 43 431 257 1,134 369 23 196 135 89 23 290 144 83 20 20 170 119 Total Latin America and Asia: China: 175 52 51 93 130 1,068 194 n.a. n.a. n.a. 159 n.a. n.a. Oil-exporting countries 3/. >\ Other Asia............... / Africa: Egypt.................... Ghana.................... Morocco.................. South Africa............. . Oil-exporting countries 4/• \ Other Africa............. j 27 1,221 459 n.a. n.a. n.a. 174 n.a. n.a. 27 3 231 98 60 268 213 989346 n.a. n.a. n.a. 175 n.a. n.a. 222 201 307 1,305 392 22 20 24 573 57 326 1,227 374 18 33 24 240 83 5 30 636 56 265 139 128 209 319 1,283 405 35 38 216 62 7 39 693 41 35 37 241 89 7 41 731 40 3,716 3,898 4.009 35 47 21 43 39 258 43 8 27 f f I 332 478 640 655 2,302 3,007 3,294 3,065 3,594 13 n.a. n.a. 4 85 19 18 n.a. n.a. 22 27 n.a. n.a. 35 n.a. n.a. 8 11 11 118 31 125 36 113 31 11 8 6 85 19 92 16 105 95 17 21 100 25 117 147 r f 211 323 381 394 331 499 574 577 129 42 145 69 138 59 138 53 172 214 196 192 12.524 15.801 17.040 19.342 * * 4 * n.a. n.a. * * 5 * _ n.a. * * * 1 1 6 7 * _ n.a. * 16 I 29 6 95 100 21 21 132 191 146 198 ■588 M7 ... _54Z.„. 139 50 141 54 .... -189 ... - . 1.94 21.281 32 33 186 104 76 228 311 1,225 400 19 46 31 224 98 7 44 708 43 3.583 3.782 57 3 53 4 134 14 125 14 163 66 205 326 1,101 421 17 35 34 216 86 8 40 686 111 16 148 195 632 16 95 14 158 196 fisn 110 211 .... .71.7 __ Other countries: Total foreign countries..... 146 55 157 56 167 56 169 59 .mi, 212 223 ...... 227. 23.243 25.144 27.176 29.695 29.030 1 1 * * 15 1 1 2 2 2 2 15 _ _ _ 15 * _ 15 _ _ - - - " - . International and regional: Latin American regional.... Middle Eastern regional.... _ n.a. _ n.a. 15 Total international 1/ 4 6 7 8 17 17 16 17 19 19 12,529 15,606 17,047 19,350 zi./ya 23,260 25,160 27,193 29,714 29,048 Data in two columns shown for this date differ because of changes in reporting coverage. Figures in the first column are comparable in coverage to those shown for the preceding date; figures m the second column are comparable to those shown for the following date. (See introductory text to Capital Movements Section for explanation of changes in reporting.) If 3/ 4/ * 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, Libya, and Nigeria, Less than $500,000. p Preliminary. n.a. Not available, . 114 Treasury Bulletin CAPITAL MOVEMENTS ■■ .. ■" ............. — — - ... Section V - Claims on Foreigners Reported by Nonbanking Business Enterprises in the United States Table CM-V-3. - Total Claims by Type and Country as of June 30, 1979 Preliminary (Position in millions of dollars) Country Total claims Total finan cial claims (1) (2)m Denominated in foreign currencies Denominated in dollars Total (3) Deposits (4) Other (5) Total (6) 1 10 14 * 14 - Deposits (7) Other (8 ) Commercial claims Trade Total commer receiv cial ables claims (9) (10) Other (ID Europe: German Democratic Republic. 12 2 54 * 40 _ * * 22 22 38 223 4 4 57 41 654 182 11 1 781 82 3 525 383 71 361 22 3 43 70 23 329 157 v 323 38 5,204 150 54 59 1 * 25 * _ _ 59 _ 141 _ _ * 22 1 * * 30 * 14 * * 17 * 170 * - 1 151 _ 174 * _ 15 42 * * 42 _ . 92 34 * . 15 36 * 40 _ 40 11 10 1 68 67 18 3 392 * 29 * 39 * 297 5 7 1 12 11 1 17 80 1 6 _ * 2 1 186 * - 10 13 26 169 4 3 57 19 472 23 127 4 3 53 18 396 1 10 10 16 - 420 82 3 508 303 71 2 20 402 78 3 497 277 51 18 26 - 1 2 2 38 * 36 * * 24 * 24 * 231 * * 1 22 22 5 15 * 67 5 7 1 289 90 243 35 712 145 47 45 283 90 219 34 675 83 45 44 2 1 1 2 * 27 3 43 * 3 1 76 * 18 4 * 11 26 20 2 1 * 6 * 23 8 67 42 3 4,194 * * 14 1 24 _ 3,802 * * * 9,306 5,486 4,808 4,071 737 678 533 145 3,820 3,479 341 6,108 4,964 3,464 2,371 1,114 1,480 142 1,338 1,144 1,050 94 22 21 72 122 120 34 17 *1 72 1 3,094 56 * 3,060 39 _ 21 3,165 57 - 1 1 1 98 118 500 25 55 104 96 109 484 25 53 104 1 1 2 2 10 10 65 43 65 43 9 569 23 72 42 37 81 3 4,491 5 1 38 62 2 1 Latin America and Caribbean: Chile..................... 144 3,263 175 622 2,289 182 115 122 120 2,264 127 2,224 127 9 11 10 Netherlands Antilles...... Panama......... . Trinidad and Tobago........ 77 54 84 746 38 155 90 40 11 444 12 11 12 11 72 164 15 81 47 3 * 148 71 158 14 80 47 3 * 143 2,222 * * . * * . 20 it 4 * * _ 2 120 2 127 9 _ 11 11 ,71 138 14 76 46 3 * 141 40 * * 40 * 1 1 1 _ * * _ * * 2 6 1 1 1 2 - * 6 1 1 1 - * _ 5 * _ 2 _ 4 11 582 24 73 42 37 9 16 * 2 1 * * 3 13 * 1 11 11 * * * 295 287 8 - 187 184 3 Other Latin America and Total Latin America and Caribbean.................. 351 164 160 1 159 4 4 8,889 6,487 6,349 5,349 1,000 138 124 14 2,403 2,343 60 _ * _ * 100 32 181 99 * 1 _ _ * - 33 183 1 1 2 66 3 165 75 935 12 10 Asia: China: India..................... Philippines............... Thailand.................. 33 186 104 76 228 311 t 1,225 400 19 46 31 224 98 7 44 751 3,782 _ 3 5 7 51 226 216 167 * 5 5 64 26 _ _ 3 4 1 _ 3 3 6 6 48 226 72 166 * 5 5 63 25 * 4 46 * * * 20 3 14 2 3 13 797 640 81 559 3 _ 1 3 25 48 222 26 166 5 4 61 * * 144 1 * * * 1 * _ * * 2 * 124 * * * * * * _ 6 * 5 157 133 1 69 177 85 1,008 233 19 41 26 160 72 7 41 731 24 2,985 2,797 48 48 2 31 13 114 4 277 2 22 13 113 4 266 21 1 _ . * 1 * _ * 201 18 37 25 154 68 7 41 692 Africa: Liberia................... Morocco................... South Africa.............. Zaire..................... Other Africa.............. 53 4 134 14 125 14 374 5 1 1 1 102 * 102 * * 11 10 6 10 - 4 4 1 1 102 * 9 73 * 5 24 21 * 4 3 Total foreign countries..... International and regional: International.............. 73 32 * 5 * 5 4 * 1 39 188 * 97 73 * * * * 717 227 192 1 191 34 27 7 490 468 22 169 59 24 9 11 1 10 11 " 9 14 * 2 9 * * 144 50 137 49 * - 6 1 - Other countries: All other..... ............ 2 1 - 10 1 * 1 11 8 227 33 20 1 18 14 2 11 194 186 8 29,030 17,994 15,493 11,873 3,620 2,501 961 1,540 11,036 10,322 714 _ _ _ 2 2 _ _ 2 2 _ * _ _ _ 4 4 - 10,325 714 15 15 15 Middle Eastern regional.... I I I I I _ _ _ 19 15 15 - 15 - “ “ 29,048 18,009 15,508 11,873 3,635 2,501 961 1,540 11,039 15 _ _ _ _ _ _ 2 2 * _ Latin American regional.... Asian regional........... _ _ Total international Grand total....... .......... * Less than $500,000. January 1980 115 f!APIT AT. MOVEMENTS_____________________________ Section VI * Transactions in Long-Term Securities by Foreigners Reported by Banks and Brdkers 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) Calendar year or month Corporate and other securities U.S. Gov't, corporations and Federally-sponsored agencies Marketable Treasury bonds and notes Total (1) Stacks- Bonds If Net foreign purchases Foreign countries Inter Gross Gross Met Gross Gross Gross Gross Net Gross Gross Net nationa] foreign foreign foreign foreign foreign foreign foreign foreign foreign foreign foreign and £u?-ch«ses : purchases s&les purchases purchase! sales purchases sales purchase! purchases sales regional Official Other foreign insti tutions ers (2) (4) (3) 1969.......... 1970.......... 1971.......... 1972.......... 1973.......... 1974.......... L975.......... 1976.......... 1977.......... -45 56 1,672 3,316 305 -472 1,995 8,096 22,843 -115 -41 1,661 3,281 465 -642 1,612 5,117 20,377 59 -123 -119 -22 5* 69 203 277 753 11 ~2l> 130 57 -165* 101 180 2,702 1,713 ,(14) (15) 528 691 2,414 4,358 2,-73* 3,382 8,898 25,610 39,818 574 634 742 1,043 2,433b 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 1,46? 3,054 2,499 2,967 4,723 5,828 8,621 5,408 5,529 3,442 1,853 1,543 2,263 2,842 3,867 7,582 4,642 4,327 1,975 1,487 626 731 2; 188 2,790 540 4,678 2,753 2,675 12,429 # 8,927 11,626 14,361 12,767 7,636 15,355 18,227 14,154 10,942 8,301 10,894 12,173 9,978 7,096 10,678 15,475 11,479 (5) (6) (8) (7) (9) (10) . (11) (12) (13) 1978.......... 4,702 3,747 580 376 32,354 27,651 1,263 4,516 3,253 ;i,m 3,459 2.264 2,420 20,142 17,723 1979-Jan.-Nov. p. 2,391 1,34.3 666 382 36,503 34,113 526 5,144 4,619 251 2,629 2,378 1,43.4 20,2$5 18,831 1978-Nov....... 225 -514 64 -351 -66 93 228 -256 2,960 1,029 2,736 1,543 36 134 220 579 184 445 -45 186 217 306 262 119 103 336 1,461' 1,438 1,399 1,102 1979-Jan....... Feb....... 69 -543 510 602 -913 277 1,497 584 681 632 -1,005 168 -517 524 242 -149 298 1,033 515 101 50 -922 153 140 92 3 27 101 58 -80 -19 95 97 -252 -165 -106 356 -791 -121 407 149 600 486 -180 3,549 1,929 2,073 3,321 2,367 2,165 5,046 4,800 2,611 5,270 3,374 3,<486 2,471 1,563 2,'719 3,280 1,887 3,549 4,216 1,930 4,638 4,379 -157 -63 52 186 -191 183 247 95 90 190 -104 409 213 352 391 486 739 649 504 233 620 549 566 276 300 206 677 557 402 409 143 430 654 93 -30 51 24 132 105 -26 -38 21 -2 -79 232 139 240 271 240 189 196 173 378 245 342' , ' 236 220 246 226 264 165 145 207 209 262 182 59 121 505* 95 191 66 -8 158 51 13 183 1,362 1,387 1,944 1,615 1,579 1,860 1,766 2,382 2,074 2,385 1,910 1,303 1,266 1,439 1,520 1,389 1,794 1,774 2,224 2,023 2,372 1,727 May....... July...... Aug . ...... . Sept.., .... Nov. 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. p n.a. Preliminary. Not available, Table CM-VI-2. - Foreign Purchases and Sales of Long-Term Foreign Securities by Type (In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States) Calendar year or month N^t foreign purchaser of foreign securities’ (1) Foreign bonds Net foreign purchases (2) Gross foreign purchases (3) Foreign stocks Gross foreign sales Net foreign purchases (4) (5) Gross foreign purchasesr (6) Gross foreign sales (7) 1969.......................... 1970.......................... 1971.......................... 1972.......................... 1973.......................... 1974.......................... 1975.......................... 1976.......................... 1977.......................... -1,547 -915 -984 -622 -818 -2,034 -6,526 -9,097 -5,50j6 -1,029 -951 -935 -1,031 -993 -2,218 -6,338 -8,774 -5,096 1,552 1,490 1,687 1,901 1,474 1,036 2,383 4,932 8,040 2,581 2,441 2,621 2,^32 2,467 3,254 8,720 13,706 13,136 -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 1978.......................... -3,489 -4,397 -4,016 -3,657 11,045 11,249 15,061 14,905 527 -740 3.666 4,108 3,139 1978-No v ...................... Dec...................... -284 61 -447 73 855 1,020 1,302 948 163 -12 360 232 197 244 1979-Jan...................... Feb............ .......... -585 -344 -28 2 77 -707 -412 -643 -1,063 -273 -420 -595 -317 -30 -11 10 -689 -345 -543 -725 -75 -335 789 952 1,194 893 860 1,011 984 1,575 829 1,081 1,080 1,384 1,269 1,224 904 851 1,700 1,330 2,118 1,554 1,156 1,415 11 -28 2 13 67 -18 -67 -100 -3313 -198 -84 265 232 331 369 554 403 329 377 420 466 365 254 260 329 356 487 421 396 476 758 663 449 May...................... June..................... July..................... 4,849 Treasury Bulletin 116 CAPITAL MOVEMENTS - —— — Section VI - Transactions in Long-Term Securities by Foreigners Reported by Banks and Brokers in the United States Table CM-VI-3. - Net Foreign Transactions in Marketable Treasury Bonds and Notes by Country (In millions of dollars; negative figures indicate net sales b y .foreigners or a net outflow of capital from the United States) 1979 Calendar year. Country 1976 1977 1979 through Nov. p 1978 June July Sept. Aug. Oct. p Nov. p * * -5 -170 Europe: Belgium-Luxembourg........ German Democratic Republic. Italy.................... * 10 1 5 n.a. n.a. -5 23 n.a. 2,404 n.a. n.a. * 18 53 n.a. 549 * n.a. -5 272 1 Sp?in.................... Sweden................... Switzerland............... n.a. * n.a. * -85 206 * 122 Other Europe.............. Latin America and Caribbean: Argentina................. * - -2 12 623 447 11 22 _ * * 186 480 -3,515 . it -5 31 -77 * * 23 * 3,943 10 -2 -2 1,280 -13 * 131 34 - , 5 125 319 -3 -2 -1 -1 36 -1 -2 14 - 130 it 15 255 * -170 5 - 923 -9 -2 -8 -361 -235 * 1 -1 * -7 5 * - 12 -69 - -2 -2 -8 1,245 11,606 1,541 2,387 381 1,165 346 40 93 -677 -139 32 -136 82 12 4 2 * 1 -1 -1 -1 * _ - -4 * it it it ★ - * * _ _ * * it - _ - 2 -2 _ _ _ _ _ _ * * _ _ _ * . * . _ _ * - * * _ _ * n.a. n.a. 1 -43 -5 * _ _ 145 -15 * * * 153 _ _ n.a. n.a. * 52 10 * _ _ - * it it -8 2 -1 * * * 22 * * * * 84 2 -84 * * * * _ _ * 50 5 _ _ * -55 39 8 -8 -15 * 112 240 -136 123 * 17 _ -2 it 150 * * * * 2 _ * Other Latin America and Total Latin America and Caribbean.................. it * * 90 * -7 63 449 -702 - -40 * -3 260 -11 41 96 170 * * -78 * -5 44 205 -43 -15 -2 it * 13 307 -114 * 70 -85 1 Peru..................... 61 _ * - -22 1 Guatemala................. _ 67 15 69 -10 n.a. * n.a. * -91 236 _ 8,403 _ _ _ 4 _ _ 1 40 582 _ -28 _ _ 114 3 * Chile.................... Colombia.................. Cuba..................... 10 * * * " “ * 150 2 * - * - 1 2 5 4 50 -74 - * - - . _ * “ * it * * _ _ it it * - ~ 2 -2 - - Asia: China: Hong Kong................. India.................... Indonesia................. _ * _ _ 8 -8 10 35 * _ 10 3 5 _ * 4,668 -1 -583 Korea.................... Malaysia.................. Philippines............... Singapore................. Syria.................... Oil-exporting countries \f . Total Asia................ Africa: Egypt.................... -10 _ n.a. n.a. 11 * 53 974 -114 12 _ -30 . -21 20 -21 594 _ 77 3,887 * 98 _ 58 4,451 - -69 _ -33 -1,785 * -6 26 - -115 2 -21 - -20 * - -4 4 - -20 -10 8 - -29 “ " " -20 -10 * 2 -61 299 - - - -193 - 394 - -229 85 41 50 -45 - ” “ 2,743 -483 _ _ n.a. _ _ _ _ - * 329 _ -100 * _ _ _ _ * _ -181 * * - * - “ 221 -181 329 -100 - it - - * * -1 12 * -14 * * * * it ¥ _ - it it 16 -89 -2 9,422 * 1 26 -198 _ -25 -3 _ _ 64 - 3,954 221 2 72 - 8 -1,183 -5 -10 -10 -21 -101 -1 -272 it 7 * _ Oil-exporting countries 2/» «. * 4,173 377 _ 192 . “ " " " Other countries: " * -100 _ -100 L * * - * - Total other countries..... * 11 -14 it * * - Total foreign countries..... 5,393 21,130 4,326 2,009 399 1,090 435 81 146 -825 International and regional: International............. 443 _ -67 _ _ 374 - -121 407 - 151 - - 486 “ -174 - - 600 “ 376 382 -121 149 600 486 -180 2,391 277 584 681 632 -1,005 2,584 1,741 Latin American regional.... Asian regional............ 119 Middle Eastern regional.... _ n.a. -28 _ _ n.a. 2,702 1,713 Total international Grand total............. xy 8,096 22,843 4,702 includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (Trucial States). - 8 1 _ -2 - , " 407 1,49’’ p Includes Algeria, Gabon, Libya and Nigeria, Preliminary. * ce&a 2J than $>">UU.UUU n a Not avail a b l e -6 “ January 1980 U7 — 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 millions of dollars^ 1979 Calendar year Country 1976 Austria.................. Belgium-Luxembourg........ Bulgaria 1 / . . ........ German Democratic RepublicJL/ Hungary 1 / .................................. Italy.................... Portugal................. Romania 1 / .................................. Switzerland.............. Turkey.................. . Latin America and Caribbean: 1977 * 14 n.a. n.a. 1 36 45 n.a. 764 * n.a. * 288 49 n.a. * n.a. 1 191 261 * 485 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 1978 June 10 19 n.a. n.a. 1 22 129 n.a. 7,110 10 n.a. 4 1,358 82 n.a. * n.a. 2 285 977 * 5,373 [ July 11 24 n.a. n.a. 26 41 177 n.a. 7,804 * n.a. 4 1,695 107 n.a. * n.a. 29 484 379 * 6,016 Aug. 11 24 n.a. n.a. 36 42 172 n.a. 7,834 * n.a. 4 1,655 107 n.a. * n.a. 30 48 j. 640 * 6,938 Sept. 11 64 n.a. n.a. 202 38 185 n.a. 8,006 * n.a. 4 1,667 107 n.a. * n.a. 17 588 1,293 * 6,193 11 24 n.a. n.a. 107 40 171 n.a. 8,005 * n.a. 4 1,577 107 n.a. * n.a. 24 525 845 * 6,895 Oct. p Nov. p 11 59 n.a. n.a. 68 37 198 n.a. 8,390 * n.a. 4 1,490 116 n.a. * n.a. 15 593 863 * 5,955 11 64 n.a. n.a. 238 37 183 n.a. 8,135 * n.a. 4 1,660 111 n.a. * n.a. 17 600 1,224 * 6,191 202 180 95 j 101 92 77 75 67 67 2,330 13,936 15,477 1 16,898 18,063 18,409 18,449 18,542 17,865 256 288 152 227 232 233 233 235 234 * * n.a. * n.a. 2 3 * n.a. n.a. n.a. 21 163 12 * n.a. * 182 * * n.a. * n.a. 2 153 * n.a. n.a. n.,a. 21 163 11 * n.a. * 182 * * n.a. * n.a. 2 153 * n.a. n.a. n.a. 21 165 11 * n.a. * 183 * * n.a. * n.a. 2 153 * n.a. n.a. n.a. 21 165 11 * n.a. * 183 * * n.a. * n.a. 2 153 * n.a. n.a. n.a. 21 165 11 * n.a. * 183 * * __ * 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 69 * n.a. n.a. n.a. 21 162 12 * n.a. * 144 23 * 7 7 7 7 7 9 7 312 552 416 387 536 539 539 541 539 * * 71 * * 2,687 * n.a. n.a. n.a. 10 n.a. n.a. 78 6,486 * 8 106 10 * 6,860 369 n.a. n.a. n#a. 30 n.a. n.a. 136 11,227 * * 110 15 * 11,528 381 n.a. n.a. n.a. 8 n.a. n.a. 103 9,343 * * 121 21 * 6 13,040 381 n.a. n.a. n.a. 8 n.a. n.a. 93 7,433 * * 121 26 * 9 13;090 307 n.a. n.a. n.a. 17 n.a. n.a. 73 7,230 * * 123 26 * 11 12,818 297 n.a. n.a. n.a. 13 n.a. n.a. 63 7,608 * * 123 26 * 11 12,789 297 n.a. n.a. n.a. 13 n.a. n.a. 63 7,678 * * 125 26 * 37 12,591 277 n.a. n.a. n.a. 13 n.a. n.a. 2 7,979 * * 126 26 r * 53 12,502 267 n.a. n.a. n.a. 10 n.a. n.a. 2 8,018 9,323 18,745 21,488 21,103 20,874 20,960 21,000 21,050 21,005 * * n.a. n.a. _ * * 692 * n.a. n.a. * n.a. n.a. _ * * 692 n.a. n.a. _ * * 692 * n.a. n.a. n a n. a. * 692 * n.a. n.a. * * 692 * n.a. n.a. _ * * 543 * n.a. n.a. _ * * 363 * * 692 592 Total Africa............. 543 362 691 691 691 691 691 691 591 Other countries: Australia................ All other................ * * * 12 * * * * * * * * * * * * * * 11 * * * * * * * 12,765 33,895 38,221 39,303 40,393 40j829 40.910 41,055 40,230 2,905 4,646 5,089 33 3,993 _ 48 1 4,400 _ 48 1 4,551 5,150 _ 5,636 5,463 46 46 1 46 1 40 1 Bermuda 1 / .......................... British West Indies 1 / ......... Chile.................... Cuba..................... Guatemala 1 / .............................. Jamaica 1 / .................................. Netherlands Antilles 1 / . . . . Panama................... Venezuela................ Other Latin America and Caribbean........... . Total Latin America and Caribbean............. . ie 1 n.a. * n.a. 2 153 ie n.a. n.a. n.a. 21 165 11 * n.a. * 182 Asia: China: Hong Kong................ India.................... Indonesia.............. . Malaysia 1 / ............... ................ Pakistani/.............. Philippines............. . Singapore 1 / ............. ................ Thailand................. - Africa: Liberia 1 / .................................. Total other countries..... Total foreign countries..... * * * _ ie ie International and regional: European regional.... . Latin American regional.... Asian regional.......... . - - 128 100 * - * - Middle Eastern regional.... n.a. n.a. _ n.a. 3,033 4,746 5.122 15,79* 58,641 * 1 n.a. n.a. n.a. n.a. n.a. n.a. 4.042 4.449 ,4,598 5.197 5.684 5.504 45,426 46,107 46,739 45,734 Total international Grand total................ •4 5, Note: Data represent estimated official and private hold...** f lark,.-'* ,, U.S. Treasury securities with an original maturity of more than one year. Data are based on a benchmark survey as of January 31, 1971, and the monthly transactions reports. Country detail may not add to the area totals or to Grand total. •4 5 3<+ > j_' p * a<4,«<42 | f-,„ntry or area not .Usted separately m benchmark survey; therefore, holdings are included in respective "Other” geographical category. Preliminary. Less than $500,000. n.a. Not available, 118 Treasury Bulletin ■CAPITAL MOVEMENTS- Section VI - Transactions in Long-Term Securities by Foreigners Reported by Banks and Brokers in the United States Table CM-VI-5. - Net Foreign Transaction? in Long-Term Domestic Bonds, Other than Treasury Bonds and Notes, by Country ______________________ (In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States) Calendar year Country 1976 Europe: Austria.................. Belgium-Luxembourg....... Bulgaria................. Czechoslovakia........... Denmark.................. Finland.................. France.................. German Democratic Republic Germany.................. Greece................... Hungary.................. Italy................... Netherlands.............. Norway................... Poland................... Portugal................. Romania.................. Sp^in 1977 ■ 1978 1979 through Nov. p j June July Sept. Aug. -2 2 1 1 * * -26 n.a. n.a. 39 n.a. n.a. * * -34 n.a. . -53 -» -87 50 3 1 -11 * * -34 - * -3 * * -3 - * -7 -3 -20 1 68 -11 -10 * - * - -1 -2 -10 39 n.a. -49 -3 n.a. n.a. -10 -6 -29 72 30 * 1 -2 30 * 4 12 10 Oct. p Nov. p | 1 10 _ 81 * * -1 -1 8 24 * * -32 * * -5 * -1 -1 -1 -9 -19 15 * * * -1 -1 _ * * * -2 * _ 15 * * 9 -41 * -20 1 11 _ -7 - 1 * _ * -7 2 * * -15 5 155 * 23 * -7 1 28 -182 71 _ * _ 7 -25 94 * 1,690 * -100 -22 * 930 -23 -68 1 -1 -2 * 24 * * -1 103 _ _ * Total Europe. 86 1,850 908 640 163 159 -5 19 88 Canada........ 96 141 102 104 - 8 9 17 8 -2 2 -6 3 -1 3 59 2 -10 * 3 54 1 1 1 2 * 38 9 * 1 15 9 * 11 * * * * n.a. IUCU 4 34 -6 Switzerland. Turkey........ . United Kingdom.. U.S.S.R....... . Yugoslavia.... . Other 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............... Total Latin America and Caribbean............. Asia: China: Mainland............... Taiwan................. Hong Kong................ India.................... Indonesia................ Israel.................. Japan................... Korea................... Lebanon................. Malaysia................. Pakistan................. Philippines.............. Singapore................ Syria................... , Thailand................. Oil-exporting countries 1/ Other Asia................ Total Asia.. Africa: Egypt................... . Ghana................... , Liberia................. , Morocco................. , South Africa.............. Zaire................... . Oil-exporting countries 2j , Other Africa.............. Total Africa., Other countries: Australia..... All other..... 2 n.a. * n.a. 2 1 * * * 2 n.a. * * * 2 1 * * _ * * * 20 • 4 * * 3 * 1 2 3 * 2 -1 1 17 3 * 94 * 1 2 * - 1 -13 -4 232 - L -1 -1 * * * 5 * * * * 7 2 * * _ * _ _ _ _ * * * * * - 1 1 1 -1 1 -1 1 * _ * * _ * _ _ * * * * * * * 98 -10 11 10 -4 6 12 * * 3 * * * _ * 50 * * * -4 “ * * -7 * * * * - 43 * * * 52 * * * * * * 5 * * * * 40 - 100 45 57 -11 * - * * _ _ * 98 * 3 * * 1 35 * * 10 * * 3 103 -15 * 1 * 164 41 121 1 1 n.a. n.a. * -32 _ * 1,179 * * _ 5 1 2 * * 1,695 * 810 * * -82 * 1.014 2.033 941 21 1 * _ * _ - * -4 -1 6 -1 2 * 64 -1 * -206 * * 121 -7 -53 * -124 _ _ * 2 * 1 * * _ _ * 1 -1 ' 1 -8 -1 * * - _ _ * * * 2 11 * _ _ 1 * - * * 11 4 » * * * * -1 5 -8 5 _ * _ 3 * 4 _ 23 _ _ _ * * 3 * -2 11 1 * * * -137 * _ n.a. * * * * * * - 2 1 * -4 * 7 3 4 < n.a. ' n.a. 169 * * 778 _ * 10 2 -2 * 3 2 -2 -1 * * * _ * * * * * * > 1 . * * * 1 _ * 8 _ - -2 _ * * * 2 * 2 1 * 3 “ * 3 -2 -20 * * * - -55 " 3 * 71 ■ 76 * _ * - * * _ * * -39 * 1 * *. -26 -2 -2 * * * * * -25 -6 -1 1 * * * 1 * * -21 * * 2 -1 2 -1 * * * * “ * 1 * * 1 ~ - Total other countries.... -21 •k 1 I * * 1 * “ * Total foreign countries.... 1,243 4,083 2,049 865 254 222 71 23 48 -121 International and regional: International............ European regional....... Latin American regional.. Asian regional.......... African regional........ Middle Eastern regional.. 5 _ -46 n.a. 11 313 - -91 29 -1 100 5 ■ -14 " 87 “ 140 ■ - -63 - - -5 9 " " 34 -1 -14 87 140 -63 288 221 56 110 188 -184 Total international and regional............. Grand total. ±J * 89 -4 n.a. -4 - -41 96 409 -88 1,202 4,179 2,458 111 Includes Bahrain, Iran, Iraq, Kuwait, Oman, Oatar, Saudi Arabia, and the United Arab Emirates (Trucial Stales). 1 -1 ! 1 ej p * Induces Algeria, Gabon, Libya, aim Kigei.. Preliminary. Less than $300,000 n a Not a'ailiMe ~ - ~ U9 January 1980 •CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners Reported by Banks and Brokers in the United States Table CM-VI-6. - Net Foreign Transactions in Domestic Stocks by Country (In millions of dollars: negative figures indicate net sales by fore: gners or a net outflow of capital from the United States) Calendar 1 Country Europe: Austria.................. Belgium-Luxembourg........ Bulgaria................. Czechoslovakia........... Denmark.................. Finland.................. France................... German Democratic Republic, Germany................. . Greece.................. . Hungary................. . Italy................... Netherlands............... Norway.................. Poland.................. Portugal................ Romania................ . Sp^in................... Sweden.................. Switzerland.............. Turkey.................. United Kingdom........... U.S.S.R................. Yugoslavia............... Other Europe............. Total Europe. Canada. Latin America and Caribbean: Argentina............... Bahamas................. Bermuda................. Brazil.................. British West Indies...... Chile................... Colombia................ Cuba.................... Ecuador................. Guatemala............... Jamaica................. Mexico.................. Netherlands Antilles Panama................ . Peru.................... Trinidad and Tobago...... Uruguay..... '............ Venezuela............... Other Latin America and Caribbean.............. 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^/ Other Asia.............. Total Asia. Africa: Egypt................ Ghana................ Liberia.............. Morocco.............. South Africa.......... Zaire................ Oil-exporting countries 2/ Other Africa.......... Total Africa. Other countries: Australia..... All other..... 2 9 -79 n.a. n.a. -5 -40 n.a. n.a. -2 1 256 n.a. 68 3 n.a. -4 -199 -8 n.a. -8 n.a. 9 * 1979 through Nov. p 1978 1977 1976 * * 12 40 n.a. 291 -5 n.a. -15 47 3 620 22 -22 -5 * -2 -1 1 _ * _ * * * -3 * 5 * -2 340 * 17 336 1,006 1,283 120 324 65 74 -1 3 75 * -15 * * * 1 -1 * * n.a. n.a. 4 52 15 * * -1 2 ie 1 13 8 1 * * ie ie - * _ ie _ * -52 * -87 -12 97 ~ -1 ie ie -1 38 * - 15 * ie - * _ * * -2 2 ,r» 30 78 145 67 27 * 3 * ie * 6 2 -2 12 -1 -2 -1 -1 -2 -2 * -15 -3 -17 * 1 -1 * _ 2 * * * * * * * * * ie 1 -2 -18 1 2 t,42 * n.a. n.a. 35 45 -4 -2 1 -48 -32 * 33 12 * 1 -20 _ * * -19 516 47 ie * -3 -3 -1 ie -2 -15 57 2 2 8 * -37 * * -1 * _ * - ie * -14 * -34 42 70 * 18 -19 * * * 2 2 - Nov. p -107 8 -1 2 -1 -2 -33 _ * * 19 -30 Oct. p 11 -1 1 * 14 * Sept. 1 -6 * * * * Aug. * -64 * 19 _ _ -5 5 -455 * 787 _ * -19 * 26 1 * * -15 * -9 -42 -7 152 -4 613 * 5 -100 1 * 41 -16 113 * -7 -16 -585 *2 1,230 * -8 ie -211 -1 * -14 -4 -3 3 n.a. -4 - -1 -1 11 July 2 * -44 * 5 10 1 June ie ie -1 1 -1 1 1 -2 -26 * * * * -4 -24 39 3 * * * * * * . * -3 * * * _ * * * -4 -3 -63 -9 * * * -18 2 ... -1 * * -68 -152 * 257 _ * 83 _ 3 ie -7 1 3 24 * -8 ie -15 * * - -1 * * _ * -1 -1 ie ie * * -48 2 -8 * -1 -1 -22 -6 2 16 18 11 -5 * * * * * * -1 1 -1 1 * ie * * * * 155 127 151 -57 -28 -17 45 -8 -93 * * * -9 38 * * -10 1 1 * 3 * * 1 21 ie 84 * * -3 155 * 4 * * * 28 * * 116 ie ie * * * -27 * 5 54 * 7 -3 67 * -1 2 1 -6 5 ie 1 -1 * * * 2 2 74 * 7 * * * -4 * * 1,803 -7 1,922 -9 2 -2 -12 1 -1 -1 * 1,390 * * 781 * * 624 1,449 968 851 . * 15 * 54 33 * -2 2 n.a. n.a. * * 1 35 * * -1 1 1 1 * * * * -8 -10 * * * -3 * * 4 -2 -2 * 4 * * -7 * * * * * * * -3 7 5 -13 -12 -3 -3 8 1 3 5 * * * * 2 n.a. * * 1 * 1 -1 * 1 -2 ie 21 ie ie ie 17 * -3 ie * * _ * -7 -1 ie 25 77 _ - ie 44 * ie - -4 * -1 -4 -1 ie ie * * 1 -1 -14 * * * * * ie ie ie ie * 41 * 29 it 2 -1 , -4 2 ie -2 59 * * * -4 _ * 133 77 103 * 1 -2 ie ie ie * _ * - ie * - -2 -2 -2 _ * * * ie ie ie ie ie _ * * * * -2 * * * -4 -4 -2 -1 1 -1 1 ie 7 * 1 * ie -3 * * ie ie ie 1 ie * 2 Total other countries., -4 8 3 5 -1 1 7 1 -3 2 Total foreign countries., 2,740 2,661 2,466 1,423 67 -8 156 58 13 185 13 15 n.a. -46 * * " 11 -1 - * - -3 _ _ * _ 1 - -7 “ - “ * " 2 - * n.a. " - 13 15 -46 11 ! -i * 2 -7 * 2,753 2,675 2,420 66 -8 158 51 13 International and regional: International............ European regional........ Latin American regional... Asian regional........... African regional......... Middle Eastern regional... Total international and regional...... ]_/ - - * - ! Include. Britain, irau, Iraq, Kuwait, Oriiaii, QaLai., oaudi Aiabia, and the United Arab Emirates (Trucial States). 1,434 z/ p * includes Algeria, oaoon, i.ibya and Nigeii*. Preliminary. Less than $500,000 n a Nof available. - - -3 183 120 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-7. - Net Foreign Transactions in Long-Term Foreign Bonds by Country (In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States) 1979 Calendar year Country 1976 1977 1979 through Nov. p 1978 June July 6 -6 Aug. Sept. Oct. p Nov.p Europe: -47 -15 n.a. 10 -56 -533 n.a. -23 * n.a. -32 -5 -198 German Democratic Republic. Portugal................ 3 n.a. 2 1 -110 11 10 * -134 n.a. 78 _ 9 -13 -93 -1 -8 -62 -114 -166 n.a. -9 -187 -126 _ 267 12 -1 n.a. * -5 -322 -1 1 _ -16 -135 149 * 19 _ 1 12 8 1 14 3 * -21 -47 * * 36 -220 1 - * - 1 1 1 * -98 -5 -16 * -16 * * - * -51 - -1 17 * -461 _ -315 498 * 151 _ n.a. - - 1 2 -201 * -17 * - * * - * - 1 -1 2 -28 -90 * * 1 1 -18 -176 * 7 - 2 2 2 21 5 1 1 - 1 -20 2 * * * * 2 -22 -2 * 8 * 25 - 2 1 - 24 - 1 8 * - 3 * -4 -1 6 -2 * * 5 -35 * -46 - 1 * * 2 6 '-3 9 27 * -902 4 1 -27 * -130 * -1 1 -455 -568 -373 -1,407 -154 -291 -323 -48 -59 -136 -5,231 -2,205 -3,099 -1,638 -184 -130 -20 -603 -165 33 6 -3 -2 33 214 -33 14 4 9 * * n.a. n.a. -170 -2 222 32 67 93 3 * 19 -18 * -3 -1 -11 -12 * -3 548 * -107 _ _ -3 Turkey....... ............ -128 - -34 -3 -204 - Latin America and Caribbean: -4 -56 n.a. -12 n.a. 3 Chile..................... Colombia.......... ....... -2 * n.a. n.a. n.a. -117 43 Jamaica.................. Netherlands Antilles ..... Total Latin America and Caribbean................. 3 | 1 1 i * 4 1 68 21 j > 10 * * v * -2 -1 2 1 -4 9 _ * _ _ -4 -4 6 1 1 1 2 * * 3 * * 10 30 6 33 * 10 6 12 * * * * * 7 * -1 1 1 8 - * * * * 2 35 -212 98 6 -4 1 * * * * -6 -70 209 422 56 36 37 -6 _ 17 -44 73 * 4 3 -128 _ * -5 5 _ -3 24 -6 8 6 * -40 _ _ -7 5 - 45 39 1 1 87 -2 6 -3 -5 * * * * * 5 5 5 * * * 1 1 2 * -12 24 3 20 11 1 3 n.a. Other Latin America and Caribbean............... 1 1 1 -1 -4 -19 18 -4 * * 3 -134 34 5 ★ 15 -16 36 1 Peru..................... 34 7 4 3 _ 22 2 1 7 2 * 1 : _ _ _ - * * 17 12 1 * 3 * * * 12 Asia: China: India.................... Japan.............. _ _ -1 22 51 29 * * -276 ^282 _ n.a. n.a. n.a. -348 n.a. n.a. 21 4 -316 -617 5 2 145 13 -2 1 10 14 213 71 Total Asia................ -1 45 24 3 -258 -48 4 7 13 ! 1 * -2 -10 -161 -356 23 11 -125 13 -156 - 2 16 -19 -204 _ 60 3 253 -1 -10 * 287 -153 3 * 2 1 _ 2 _ -34 _ * -7 _ * 26 1 -3 -56 * -1 -24 44 -1 -1 _ * 12 16 • -5 _ -1 -9 3 -16 -117 -2 66 12 31 * 3 -3 * 18 _ 26 _ -4 11 80 133 -124 -1 -1 -10 _ 18 -1 - 6 * * _ _ -805 -436 -14 -3 n.a. n.a. * 5 3 7 -7 * * _ _ 4 6 -8 2 -2 1 3 34 * -437 | * _ * _ * -1 * * 36 5 -423 . -12 -181 -85 -266 -156 Total other countries...... -430 19 -411 -144 26 -3 3 1 3 3 1 Total foreign countries..... -6,872 -3,540 -3,844 -2,762 -407 -369 -460 -576 -79 -217 -911 -590 -227 -175 n.a. -1,023 -461 -70 282 -434 -19 4 -295 9 21 3 6 1 1 -125 * _ _ _ - - 25 -125 17 - 38 -193 n.a. 214 -1,042 -67 * - -1.902 -1.557 -171 -895 -8,774 -5,096 -4,016 -3,657 Africa: Egypt.................... South Africa.............. Zaire...... ...... . Other Africa........... Other countries: Australia................. All other................. International and regional: International............ European regional......... Latin American regional.... Middle Eastern regional.... 12 -2 1 * _ * _ * * _ * _ * _ -4 * * _ * _ * 2 -1 1 -1 -9 -4 25 -4 1 2 1 1 1 * 2 1 3 * * 3 * 1 6 * _ * 2 1 _ - - Total international p * Preliminary. Less than $500,000. n.a. Not available. .. -282 -689 .. 24 -83 -345 -543 i -150 4 ...“U S -7 25 -75 -3 35 121 January 1980 -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: States) 1979 Calendar year Country 1976 1977 1978 -1 -1 -34 n.a. n.a. -27 n.a. n.a. * * -7 n.a. * -3 - 1979 through Nov. p June July Aug. Sept. Oct. p Nov.p * -3 * * * * * * Europe: Belgium-Luxembourg........ Czechoslovakia....... . Denmark................... German Democratic Republic. -10 * -119 n.a. 18 Greece.................... 1 Netherlands............... n.a. 18 -137 Romania..... .............. Sweden..................... United Kingdom............ Other Europe.............. Canada....................... Latin America and Caribbean: Argentina............... . Bermuda................... n.a. -1 1 2 92 * 62 * 34 -395 -532 334 -14 -200 * * n.a. * -29 -1 -1 n.a. * * n.a. n.a. n.a. 1 Trinidad and Tobago....... Uruguay................... * * * Other Latin America and Caribbean............... Total Latin America and Caribbean.................. -2 * * * * * * - * 42 173 - 1 -41 * * * 3 -16 - -2 -1 1 1 _ * 1 1 * 56 9 -15 33 -72 21 17 -139 -858 -37 -49 -108 -288 -194 -130 15 -15 -17 -1 -2 2 * * * - * * -2 -2 -2 -1 -1 3 1 1 -1 1 -2 * * * * - _ * _ _ * _ 5 * 3 * * _ * * _ -2 6 1 1 -7 * -1 1 -5 7 -2 * . * * * -1 -10 _ * * _ * * . * 1 -1 * * * * * 4 _ * * * 2 2 -1 3 * * * * * * -13 23 -2 -1 -11 * * * * * _ * * - -1 * * -8 -1 * * * * 3 -12 -8 -3 * 23 * * * 13 * * 3 309 * * * * _ * 3 * * -16 * * 2 2 76 * * * * - -1 n.a. n.a. * 13 -1 Syria..................... Thailand....... ....... Other Asia................ * 13 376 * * * 3 -3 * -17 Total Asia................ 71 339 364 Africa: Egypt..................... Ghana..................... Liberia................... Morocco................... * n.a. n.m* * * * _ 12 _ * -3 * * * _ -18 * 12 -3 -18 -5 * -1 -2 * * -3 * -1 1 * * -1 -1 _ * 14 74 * _ 1 * -7 * * -6' ' , -3 _ * -1 * * 7 * - * * * * 5 1 -1 2 1 -10 2 - * * * * 36 * n.a. n.a. n.a. 2 * _ _ _ * * 10 * * 4 36 - -4 * - * -3 _ -1 1 -26 * _ * _ * * 18 27 _ _ 6 _ _ * 6 “ * -18 -9 * * -2 -2 -1 -14 * * * * 3 - * * * * * -2 Other countries: Australia................. * * - * * 7 14 - -1 * n.a. * * Zaire................... . -2 -1 -1 -13 3 -303 * 1 Lebanon....... . 1 - -16 -10 3 Hong Kong........ ......... India..................... Indonesia................. _ * * 25 _ -3 -77 -41 * - -1 Asia: China: Mainland............... * -2 * * * -3 * - 1 -1 10 * -2 * * 126 5 -41 * -87 * n.a. * n.a. -1 -11 * -1 -11 Panama........... ........ Cuba..... . Guatemala................. * 15 * - * -2 * * * * n.a. n.a. * 16 Chile..................... 8 -177 * * * n.a. * -8 Poland..... . 2 1 1 * -1 -10 _______=£____ _ -1 2 * _ * 1 * * * * * _ * — -z._.. _ * 7 * * -2 _ * * -14 _ * _ * * - * -3 _ * * * * * -1 * * * * * . * 16 * * _ * * * .... -.6. _ * -2 _ _ * -16 * * * * -1 -1 * - 16 * * * * 1 8 * * * _ * * 1 1 _ * 16 11 4 .-16 .. 12 * _ * * * _ _ _ * _ * 2 -1 -2 _ * _ * 3 * * * 2 * * 2 -1 2 * - 1 * * _ * 2 * -1 -2 * - _ * * _____ -2 1 * . * * -2 .... __=2 1 .,, * _ * 10 * -5 -1 -2 -3 -1 -2 1 2 -1 2 -327 -409 530 -740 -18 -67 -100 -338 -198 -84 -1 -3 - “ “ “ " _ _ _ _ - * - - “ “ - Middle Eastern regional.... 4 • n.a. Total international ' and regional.............. 4 -1 -3 “ - - - - - - -323 -410 527 -740 -67 -100 -338 -198 -84 Total other countries..... International and regional: European regional......... Latin American regional.... Asian regional.... ........ n.a. “ ' -18 L ------- ; ------ - " Treasury Bulletin 122 CAPITAL MOVEMENTS Section VI - Transactions in Long-Term Securities by Foreigners Reported by Banks and Brokers in the United States Table CM-Vr-9. - Foreign Purchases and Sales of Long-Term Securities, by Type and Country, During November 1979 Preliminary Gross purchases by foreigners Domestic Securities Country Bonds of U.S. Gov't. corp. and Federallysponsored agencies Market able Treasury Total purchases & Federal Financing Bank bonds & notes (2) (1) (3) Gross sales by foreigners Domestic Securities Foreign securities Corporate' & other Total sales Bonds Stocks Bonds Stocks Market able Treasury & Federal Financing Bank bonds & notes (9) (10) (5) (6) 4 23 _ * 79 93 4 * 8 65 4 * 3 12 324 * 509 * 7 * 40 _ 2 1 35 26 3 1 73 1 * 1 2 45 475 , 1 * 9 _ _ 17 5 * 1 9 * _ _ 1 * 27 78 . 2 10 11 83 1,135 706 150 4,949 2,403 364 2 12 265 100 104 561 4 4 4 * - 6 2 1 1 * 1 * 6 - 1 19 83 * 9 * * * * * 7 69 8 * * 1 4 * 1 25 * * * * * _ 7 * * 1 4 1 1 _ . * _ 1 18 1 * * * 1 24 81 1 14 1 * _ * * 1 13 93 18 1 3 _ * _ - (4) (7) Bonds of U.S. Gov't. corp. and Federallysponsored agencies f (8> Foreign securities Corporate & other Bonds (11) Stocks (12) Bonds (13) Stocks (14) Europe: Bulgaria................. German Democratic Republic. Germany.................. Italy.................... Turkey................... United Kingdom............ Other Europe............. 4 84 3 5 231 762 7 * 11 218 26 * 66 68 609 * 1,879 * 31 * * * 4 81 631 * 69 5 43 54 201 628 10 10 13 2 * 15 * 18 1 • 134 11 * 2 * 5 6 * 1 2 1 * 1 * 11 55 * 4,005 1,726 205 488 4 1 31 116 3 11 * * * * * 16 87 15 * 3 1 4 1 * * * * - * 7 65 _ 212 4 219 _ 524 k 4 1 11 393 10 _ * _ 68 79 1,165 * 2,150 .. , 38 _ 5 _ _ _ _ _ * 3 6 38 * 15 171 4 66 _ 376 _ * 239 _ 41 _ * * 6 1 * 99 * * 11 34 111 4 * 9 50 3 18 14 * _ ie 1 76 * 11 _ 3 * * * 7 * _ * * I _ 18 7 * _ * * * 65 5 10 475 * 252 * * 40 23 678 42 * 14 _ 1 2 130 1,078 842 132 13 238 67 234 * 16 59 * 10 * * 5 13 * 2 1 * * 1 5 * 1 _ _ 45 62 562 _ 864 _ 2 2 * _ 10 5 _ 268 _ _ 45 ie 3 ie 1 ie ie Latin America and Caribbean: Bermuda.................. Chile.................... Peru..................... Trinidad and Tobago....... '1 * 3 * * * 2 6 _ _ * 3 1 * * _ _ _ _ _ _ _ * _ * _ * _ * * _ * _ _ * * 3 * * 1 8 91 14 * * 2 4 ie _ _ _ _ * _ _ _ _ _ _ _ _ * _ * ie * _ _ * 4 * * * 1 2 1 * * * 1 _ Other Latin America and - - * 1 - * 1 - “ * 1 * ie 292 2 4 16 203 39 28 257 4 * 8 207 26 12 - 1 70 3 * 42 499 * 4 7 * 5 3 1 1.141 4 24 222 _ _ _ 749 _ * - _ * 43 * * 2 44 * 4 * * 1 2 _ * 197 _ 1 15 3 14 134 _ _ _ _ _ _ _ * 1 _ * 1 1 42 * 1 2 71 * 6 * * 1 6 1 23 * * _ _ 27 2 73 * 1 41 726 11 6 27 * 4 6- _ 3 _ 7 _ * 4 _ * 2 67 _ * _ 4 134 * 4 _ * 32 * _ _ _ _ * _ _ 33 * 861 685 19 77 1,777 999 138 68 296 201 75 1,758 1,045 22 10 1 * * 5 * 1 _ _ _ _ _ _ - _ _ _ _ _ _ - _ * 1 * * 1 10 * _ _ _ _ _ _ * 1 * - 14 * * * 4 * 101 17 - - * 3 11 4 120 _ _ * 4 1 1 * 4 5 * 1 Total Latin America and Asia: China: Mainland............... India.................... Pakistan................. Africa: Egypt.................... Ghana.................... Other Africa............. Other countries: 9 1 Total foreign countries..... ' _ _ _ _ - * _ _ _ 4 _ _ 8 311 10 25 3 _ _ _ 3 _ _ _ _ _ _ _ 1 _ * 31 * _ _ * * _ 30 251 1 ie 4 * * 1 59 ie 2 1 _ ie ie * 64 _ 16 ie 109 193 324 65 * * * 14 * 100 _ _ y* _ _ _ * _ _ 100 - * _ _ _ _ _ _ _ _ _ _ _ _ _ 1 ie * ie ie 1 * 3 1 * * 2 15* 3 2 * it 3 ......3..... 10 - - * 4 1 4 5 - ....3 * 6,589 2,731 349 180 1,906 1,058 365 7,650 3.556 390 261 1.721 1,274 449 870 * * 1 - 643 “ “ 200 - 2 “ 3 1 - 22 * * “ “ 1,104 125 6 * " 264 ” 1 “ 6 * - " 817 6 “ 16 125 " “ 871 643 200 2 4 22 - 1,235 823 264 1 6 141 - 7,460 3,374 549 182 1,910 1,080 8,886 4,379 654 262 1,727 1,415 449 International and regional: European regional......... Latin American regional.... Middle Eastern regional.... " " Total international * Less than $500,000. 365 * 123 January 1980 --------------------------CAPITAL MOVEMENTS--------------------------Section VI - Transactions in Long-Term Securities by Foreigners Reported by Banks and Brokers in the United States Table CM-VT-10. - Foreign Purchases and Sales of Long-Term Securities, by Type and Country, During Calendar Year 1978 _______(In millions of dollars) Gross sales by foreigners Market able Treasury Total purchases & Federal Financing Bank bonds & notes (2) (1) Country Bonds of U.S. Gov't. Corp. and Federallysponsored agencies (3) other sales (6) (5) (4) Stocks Bonds Stocks Bonds Foreign securities Domestic securities Foreign securities Domestic securities (8) (7) tlarket- Bonds Treasury & Federal Financing Bank bonds & notes (9) ' Gov't corp. and Federally-sponsored agencies (10) Corporate & other Bonds (11) Stocks Bonds Stocks (12) (13) (14) Enro-pe: _ * * _ _ 68 1 69 945 German Democratic Republic. Italy.................... * _ _ _ 5 25 25 306 * 4,210 * _ 78 2,252 4 7,085 45 * 169 1,775 Asia: China: Mainland........... . Hong ^ong......... . India.................... Indonesia................ 22 2 1 1,428 4 2,114 43 * 84 657 42 * 7 227 187 197 1 1 * 271 1,381 _ _ * 75 15 7,847 2,101 29 6 55 25 3,643 4 3,504 2 73 1 _ 51 97 3 1 18 39 548 6 2,173 34 * 150 187 1,212 1 _ 267 * 4 234 26 _ _ _ * 85 900 5 - 1 102 271 * 655 355 6,113 3 19,290 11,361 * _ _ _ * 49 7 _ 1,465 1 _ * * 2 1 546 * 9 102 133 * 7 39 6 * _ 4 4 400 * 225 1,495 31 * 97 679 46 * 9 _ 63 41 4,228 215 2 179 * 58 2 1 34 98 464 * _ 34 174 399 5 61 3 * * - 2 1 _ _ _ 3 * 91 12 21 19 * 37 * 308 _ 152 _ 25 22 10 14,853 2,384 1,217 12,277 5,344 1,450 33,834 13,312 1,668 1,026 10,994 5,718 1,117 853 7,319 107 197 184 2,081 3 861 992 16 * 5 2 21 19 145 837 4 52 4 4 * 4 * * 261 * 31 4,121 61 18 48 407 1,610 89 146 * * 1 23 * 2 1 * * * 1 6 25 * 53 3 5 3 1 2 20 1 21 24 83 187 907 9 187 566 82 65 15 2 4 1 * - 1 1 * * 59 4 * * 2 1 12 6 1 38 15 70 129 3 5 19 13 * 72 31 10 * _ 3 <* 201 762 _ 29 19 43 * - 1 1 2,155 8 _ * * 7 178 819 272 3,390 34 383 1,253 52 136 16 93 * 4 14 3 289 779 186 3 44 35 451 18 * 5 1 _ * 8 - 2 1 3 35 102 66 713 96 52 6 28 1 3 * 4 * * - 8 21 1 * 1 84 * * 1 8 * 2 * - * * 3 * 1 461 5 _ * 206 54 16 4,159 256 49 258 2,205 1,298 93 3,845 392 37 * 46 826 _ 5 * * * 13 28 * * 60 658 8 * 38 5 59 21 5 3« 18.514 " * 12 if 12 57 = ■f an ” * ^47 1 859 1 159 1,159 4 85^ * 101 ift 1 * * * ★ - 82 _ ” 1,668 * * 400 3 2,334 568 18 1 1 637 3,407 2,956 1,239 13,513 I * _ Total other countries...... 164 Total foreign countries..... 64,972 23,692 9,930 46 32 98 2 _ 3,389 8,607 701 70 55 154 - - - 10,210 8,662 855 70 Grand total................ * 32,354 4,516 3,459 3 89 705 95 '17 39 * - 5 * * 169 32 46 * 1 * * * * * 6 18 4 * - 2 1 * 44 11 22 1 5 59 92 3 . 3 20 17 * 172 2,054 1,089 101 * * 23 28 105 * 45 * 338 1,907 * 3 783 * 12 1 3 1 * 23 * 197 274 * 30 2 21 * * 1 31 71 * 33 3,453 * 1,073 592 * 9 44 * 3 1,553 5,324 1,098 807 1 12 * 69 1 _ 36 154 * 2 6 6 315 * 35 2,439 2,970 875 * 1 * 1 21 1 * 2 * _ * _ * 536 71 * * * * 8 * 25 440 1 71 * 1 55 444 42 * 69 1 8 * 27 4 188 3 21 * 5 3 42 21 24 & 223 98 41 * 5 321 69 3 1 31 209 8 3,666 59,445 19,366 2,810 2,191 17,654 14,289 3,136 530 21 50 * 8,941 456 244 4 8,164 385 73 68 248 456 3 122 54 4 _ - - - - - - 22 601 * 9,646 8,286 443 73 68 772 3 20.142 11,045 3,666 69,091 27,651 3,253 2,264 17,723 15,061 3,139 65 * 22 - * - * * 2 * 23 11 1 21 45 24 * 34 j,boU 12 12 189 344 47 58 * 3 * 23 . * 1 670 * * 3,371 - * 2, * 53 ” 3a ‘ 3 * 1* 21 259 7 1,284 * * * 26 * 23 * * * 2 1 32 7 1,192 * * 427 g 69 275 * 43 7,022 _ 11 7 065 z. 1 _ _ * * * * 1si * * A7 , 2 Total Africa............. $ 500 ,0 00 . 482 8 1,380 1 29 * 66 Total Asia................. Less than 1 2 70 8 292 54 209 354 12 Other countries: Australia...... ..... . All other................ * 1 35 245 40 484 * 17 236 Africa: Egypt...................... Ghana.................... Liberia.................. Morocco.................. South Africa............. Total international and regional............. * 73 266 2,233 2 * 7 2,93 * 519 _ 3 108 _ - _ _ 9 4 2,274 * 96 10,043 latemational regional: International.............. European regional......... Latin American regional.... Asian regional........... African regional*•••••»•«•• Middle Eastern regional.... 25 179 594 * 3 Japan.......... ......... . Korea.................... Lebanon........ ......... Malaysia................ . Pakistan................. Philippines.............. Singapore.............. . Syria................... Thailand................. Other Asia................. Other Africa............. _ 45 21 6 * Chile.................... Total Latin America and Caribbean............... . _ 17 2 10 * 9 fcrtiR Africa and CgElBhagL: Panama................... Peru.................... Trinidad and Tobago....... Uruguay................ . Venezuela................ Other Latin America and Caribbean.............. _ 12 110 U.S.S.R.................. Cuba....................... Ecuador.................. Guatemala................ Jamaica.................. Mexico........ ....... . 19 370 4 79 * * _ _ 52 913 45 494 _ * 123 16 681 48 82 417 6,150 4 18,016 9 2 3 56 _ * * 68 _ _ - 124 Treasury Bulletin .FOREIGN CURRENCY POSITIONS, Background Data have been collected since 1974 on the foreign "Majority-owned foreign partnerships" are those currency positions of banks and nonbanking firms in the organized under the laws of a foreign country in which United States, and on those of foreign branches, majority- one owned institutions foreign partnerships, and majority-owned foreign subsidiaries of United States banks and nonbanking firms. or more nonbanking in the concerns United or States, nonprofit directly or indirectly, own more than 50 percent profit interest. Reports cover nine major foreign exchange market currencies "Majority-owned and United States dollars held abroad. corporations in which one or more nonbanking business required pursuant Reporting has been to Title II of Public Law 93-110, foreign subsidiaries" are foreign an concerns or nonprofit institutions located in the United Amendment to the Par Value Modification Act, of September States directly or indirectly own stock with more than 21, 1973, and implementing Treasury regulations. 50 percent of the total combined voting power of all Statistics on the positions will be published monthly in the Treasury classes Bulletin, beginning with data for December 1975. percent of the total value of all classes of stock. The report forms and instructions used in the of stock entitled to vote, or more than 50 Reporting Threshold collection of bank data were revised effective with reports as of November 1, 1978, for the weekly reports, and as of The exemption level applicable to banks and banking October 31, 1978 (the last business day of the month), for institutions is $10 million equivalent. the monthly reports. level applicable to nonbanking business concerns and The most recent revision of the nonbank The exemption Foreign Currency forms (see below) became effective as of nonprofit institutions was $1 million equivalent on all the last business day of September 1978. nonbank forms from March 1975 through November 1976. Among the changes on the forms, the Belgian franc was deleted as a reporting was currency. reports of positions held in the United States. raised It to $2 million equivalent on the monthly From November 1976 through September 1978 the exemption level was raised to $3 million on foreign subsidiary positions Common Definitions and Concepts on June 31, 1977 and for positions held in the United States on September 30, 1978. The term "United States" means the States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, American Samoa, the Canal Zone, Midway Island, the Virgin Islands, and Wake Island. locations other than the The term "foreign" means "United States". The term "Worldwide" is used to describe the sum of "United States" and "foreign" data. United States dollar equivalent value is reached in any category of assets, liabilities, exchange contracts bought and sold, or the net position in the currency. In general, exemption levels are applied to the entire firm Data for the United States include amounts reported by sole proprietorships, partnerships, and corporations in 'the United States including the U.S. branches and subsidiaries of foreign nonbanking concerns, in the case of "nonbanking firms* Firms must report their entire foreign currency position in a specified foreign currency if a specified positions", and the agencies, branches, and subsidiaries located in the United States of foreign banks and banking institutions, in the case of the weekly and monthly "bank positions". Data for "foreign branches" in the United States and separately to each foreign branch or branches, subsidiary. In reports on their majority-owned foreign foreign partnerships and majority-owned foreign subsidiaries, United States banks and nonbanks are required to report the United States dollar denominated assets, liabilities, exchange contracts bought and sold, and net positions of those branches, partnerships, and subsidiaries with reportable and "abroad" include positions in the specified foreign currencies. amounts reported partnerships and by the branches, majority-owned majority-owned subsidiaries States banking and nonbanking concerns. of United In general, these Description of Statistics data do not reflect the positions of foreign parents or foreign parents* subsidiaries located abroad except through intercompany accounts. The data include the foreign subsidiaries of a few foreign-owned U.S. based corporations. Data collected on the Treasury Foreign Currency forms are published in the Treasury Bulletin in nine sections. The first section presents a summary of Assets, liabilities, and foreign exchange contract worldwide net data are reported on the basis of time remaining to reported. Sections II through IX each present data on a maturity as of the date of the report, regardless of the specified foreign currency. original maturity of the instrument involved. United States dollar positions of the foreign branches "Spot" means due for receipt or delivery within two business and days from the date of the report. required "Short-term" means maturing in one year or less from the date of the report. positions subsidiaries of to report foreign currencies. in United all of the currencies Section X presents the States firms which are in one or more of the specified 125 January 1980 _____FOREIGN CURRENCY POSITIONS____ Section I - Summary Positions Table FCP-I-1. - Nonbanking Firms' Positions (In millions of foreign currency units) Report date Canadian dollars French francs German marks (2) (1) (3) Italian lire Japanese yen (4) (5) Swiss francs (6) Sterling U.S. dollars 7J (8) (7) 1979-Mar........................ M*,874r 9,003* 8,269r 904,4Pir 377,968r l-93a: l,396r -l,570r 1979-June......... ....... ...... U,687r 9,3*0r 9,597r 731,553r 508,9^lr -66r l,865r -6,039* Table 1-2. - Weekly Bank Positions (In millions of foreign currency units) Report date Canadian dollars (1) French francs (2) German marks (3) Italian 3ire Japanese yen Swi ss fraucs British pounds U.S. dollars 1/ (4) (5) (6) 24,053 3,955 32,362 14,993 59,417 18,872 42,515 35,429 161 -161 143 175 -90 -90 -101 -86 111 90 170 111 (8) (7) 3/07/79 3/14/79 3/21/79 3/28/79 189 244 272 299 -39 -146 -200 -160 4/04/79 4/11/79 4/18/79 4/25/79 365 329 4 13 -312 -279 -174 -140 164 544' 1,143 1,148 1,558 -5,816 26,186 16,877 16,784 46,104 23,057 44,495 -302 -299 -146 -109 -99 -50 -187 -95 583 578 547 570 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 1 -59 -28 -53 -46 -40fr -540 -627 -554 -324 584 593 482 -59 -204 42,761 37,250 35,198 14,485 31,316 53,039 39,925 10,485r -2,609 -365 -297 -368 -580 -668 -124 -105 -34 -37 -67 1,174 636 726 1,166 lt785 6/06/79 6/13/79 6/20/79 6/27/79 -41 -84 -158 -43 -310 87 -136 30 -227 671 564 833 23,254 34,610 59,730 64,918 -1,492 47,736 52,612 53,393 -475 -409 -370 -66 -75 -65 -69 -54 1,203 366 232 350 7/04/79 7/11/79 7/18/79 7/25/79 -3 -20 -48 -74 93 165 -56 148 476 562 660 440 62,043 46,065 34,948 38,938 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 -43 -139 -126 -120 -96 153 150 109 63 -446 411 409 319 393 329 32,670 32,796 36,103 45,776 32,423 31,103 33,888 28,945 44,102 37,286 28,866 29,105 36,714 -2,877 66 36 1 70 127 73 66 -50 -166 -81 -43 -59 -90 -50 -67 -82 -146 -102 164 -176 144 102 -85 69 383 2,068 -247 989 698 706 658 Table-I-3. - Monthly Bank Positions (In millions of foreign currency units) End of month Canadian dollars 1979- Mar......................... (1) 152 Apr......................... July........................ French francs German marks Italian lire Japanese yen Swiss francs British pounds (7) U.S. dollars 6/ (8) (2) (3) (5) (6) -631 -493 -65,881 13,821 -282 70 -819 5 -552 -730 -4,227 -29,274 78,516 -135 -802 -469 -457 -591 -84 -58 80 341 (4) 22,485 -54 -269 141 -11,074 47,095 -57 -14 -947 -91 -265 -67 -56,176 64,030 109 ?0 -814 -61 -565 -504 -55,132 973 -139 -202 -174 126 Treasury Bulletin .FOREIGN CURRENCY POSITIONS, Section II - Canadian Dollar Positions Table FCP-II-1. - Nonbanking Firms’ Positions Short-term trade Position at end of month Liquid assets 2/ Short term debt 1/ Pay ables 5/ Receiv ables 4/ (1) (2) Mar. Mar. Mar. 1979 1979 1979 3,487 1.045 4,532 6,020r 260 6.280r Apr. 1979 993 242 bis May 1979 832 324 June June 1979 1979 3,695 1,049 (3) (4) Forward exchange 8/ Other assets 6/ (5) 25,689r 4,270r Other liabil ities 2/ Sold Bought (6) (7) Net position 2/ (8) (9) Ex change rate 10/ Positions held by offices in: (10) 29,959r 21,632r 1.280 22,912r 1,078 1.069 2,147 733 3.180 3,913 9,578r 1.296r 10,874r 736 4,131r 1,303 1,505 3,022 l,742r 0.8755 United States 420 734 4,113r 1,342 1,512 2,977 l;500r 0.8624 United States 6,320 352 15,918 438 7,636 684 26,860 4,100r 22,838 1,376 1,207 1,545 769 3,150 10,117 l,570r 0.8550 0.8550 Abroad United States 7,365r 710 8,075r 15,074r 342 15.416r 0.8619 0.8619 0.8619 Abroad United States Worldwide June 1979 4,744 6,672 16,356 8,320 30,96Cr 24,214 2,752 3,919 U,687r 0.8550 Worldwide July 1979 1,206 375 429 705 4,099r 1,448 1,856 3,338 ... I',7i4r 0.8552 Aug. 1979 1,247 365 464 746 4,122 1,465 1,954 3,446 United States United States 1,765 0.8576 Table FCP-II-2. - Weekly Bank Positions Assets and liabilities 12/ Banks in U.S. Date Assets Liabilities (2) 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 14/ branch World wide 1£/ Exchange rate 17/ 15/ (3) (4) (5) (8) (9) (12) (13) 995 955 1,029 992 442 381 452 432 553 574 577 560 464 489 478 692 1,017 1,063 1,055 1,252 19,174 19,115 18,819 18,763 19,867 19,780 19,468 19,368 -693 -665 -649 -605 -135 -154 -134 -348 (10) -828 -819 -783 -953 (11) 3/07/79 3/14/79 3/21/79 3/28/79 -140 -91 -72 -45 329 335 344 344 189 244 272 299 .8427 .8528 .8576 .8588 4/04/79 4/11/79 4/18/79 4/25/79 1,048 911 1,064 1,182 484 394 490 606 564 517 574 576 588 729 399 347 1,152 1,246 973 923 18,935 19,171 18,969 19*127 19,487 19,724 19,631 19,792 -552 -553 -662 •€*5 -235 -364 -307 -245 -787 -917 -969 -910 12 -36 -88 -89 353 365 92 102 365 329 4 13 .8675 .8712 .8763 .8752 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 912 842 863 925 785 323 335 330 342 280 589 507 533 '583 505 431 336 433 382 365 1,020 843 966 965 870 18,171 18,770 19,763 19,302 18,875 18,846 19,424 20,367 19,991 W,447 -675 -654 -604 -689 -572 -344 -248 -390 -329 -344 -1,019 -902 -994 -1,018 -916 -86 -147 -71 -106 -67 87 88 43 53 21 1 -59 -28 -53 -46 .8757 .8605 .8566 .8642 .8616 6/06/79 6/13/79 6/20/79 6/27/79 1,096 1,061 855 1,016 551 506 350 438 545 555 505 578 367 399 386 442 912 954 891 1,020 19,354 18,890 18,487 18,452 20,012 19,564 19,179 19,107 -658 -674 -692 -655 -295 -364 -357 -408 -953 -1,038 -1,049 -1,063 -113 -119 -187 -77 72 35 29 34 -41 -84 -158 -43 .8509 .8532 .8497 .8585 7/04/79 7/11/79 7/18/79 7/25/79 875 836 888 804 364 267 390 335 511 569 498 469 496 615 466 539 1,007 1,184 964 1,008 17,914 18,423 18,530 17,945 18,489 19,047 19,115 18,506 -575 -624 -585 -561 -435 -580 -427 -521 -1,010 -1,204 -1,012 -1,082 -64 -55 -87 -92 61 35 39 18 -3 -20 -48 -74 .8596 .8615 .8565 .8570 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 954 963 782 787 804 444 403 300 283 373 510 560 482 504 431 537 422 453 449 484 1,047 982 935 953 915 17,992 17,653 17,380 18,016 17,538 18,618 18,368 18,001 18,660 18,108 -626 -715 -621 -644 -570 -464 -406 -440 -429 -441 -1,090 -1,121 -1,061 -1,073 -1,011 -116 -155 -139 -140 -139 '73 16 13 20 43 -43 -139 -126 -120 -96 .8512 .8544 .8527 .8578 .8540 (1) Footnotes at end of Table FCP-IX-3. (6) (7) (14) Section II - Canadian Dollar Positions Table FCP-II-3. - Consolidated Monthly Bank Positions V 18/ (In millions of Canadian dollars) Worldwide End of month Maturity Assets 19/ « Foreign exchange contracts 20/ Sold Net overall position 21/ (7) Balance sheet items Liabilities Net (2) (3) (4) (5) 680 792 721 394 370 278 145 234 -115 46 -58 756 1,728 4,814 5,428 4,887 2,774 437 1,575 4,958 5,734 5,031 2,995 480 153 -144 -306 -144 -221 -43 Bought Net (6) (2) (3) (4) 3 days-1 month....................... Over 1 month-3 months................. Over 3 months-6 months................ (6) Over 1 year.......................... (1) 825 1,026 606 440 312 1,034 (7) Total of all maturities............... 4,243 3,235 1,008 20,068 20,773 -705 303 147 298 -151 - - - -151 (8) Capital assets, liabilities........... 298 90 -421 -98 -279 713 (9) Summary ((7) + (8))................... 4,390 3,533 857 20,068 20,773 -705 152 (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...................... . 803 1,172 587 242 297 1,005 752 790 700 254 353 348 51 382 -113 -12 -56 657 1,946 3,845 6,339 5,489 2,507 430 2,091 4,197 6,328 5,674 2,668 470 -145 -352 11 -185 -161 -40 -94 30 -102 -197 -217 617 (7) Total of all maturities............... 4,106 3,197 909 20,556 21,428 -872 37 (8) Capital assets, liabilities............ 134 166 -32 - - - -32 (9) Summary ((7) + (8))................... 4,240 3,363 877 20,556 21,428 -872 5 May.... (1) Demand/spot............. ......... (2) 3 days-1 month....................... (3) Over 1 month-3 months................. (4) Over 3 months-6 months................ (5) Over 6 months-1 year.................. (6) Over 1 year.................... ..... 679 1,104 541 350 300 1,025 517 973 554 302 347 348 162 131 -13 48 -47 677 2,172 5,274 6,219 4,756 2,435 495 2,276 5,352 6,624 4,924 2,642 596 -104 -78 -405 -168 -207 -101 58 53 -418 -120 -254 576 3.999 134 3,041 164 958 -30 21.351 - 22.414 - -1.063 - -105 -30 4,133 3,205 928 21,351 22,414 -i,063 570 817 653 406 287 355 165 297 -97 -17 2 675 1,424 4,853 6,686 4,349 2,332 600 1,506 4,802 7,011 4,701 2,603 680 -82 51 -325 -352 -271 -80 -135 83 348 -422 -369 -269 595 4,113 3,088 1,025 20,244 21,303 -1,059 -34 137 157 -20 - - - -20 4,250 3,245 1,005 20,244 21,303 -1,059 -54 Demand/spot.......................... 3 days-1 month....................... 761 978 578 337 272 1,029 604 751 575 396 216 360 157 227 3 -59 56 669 2,465 4,325 7,280 3,822 2,433 404 2,535 4,754 7,310 3,939 2,815 495 -70 -429 -30 -117 -382 -91 87 -202 -27 -176 -326 578 (7) Total of all maturities............... 3,955 2,902 1,053 20,729 21,848 -1,119 -66 (8) Capital assets, liabilities........... 143 168 -25 - - - -25 4,098 3,070 1,028 681 933 740 321 262 1,090 605 720 693 398 221 393 76 213 47 -77 41 697 20,729 1,846 5,729 5,188 4,204 2,390 447 21,848 1,862 5,740 5,605 4,381 2,768 484 -1,119 .. . -16 -11 -417 -177 -378 -37 -91 60 202 -370 -254 -337 660 4,027 3,030 997 19,804 20,840 -1,036 -39 144 166 -22 - - " -22 4,171 3,196 975 19,804 20,840 -1,036 -61 Apr (7) Total of all maturities............... (8) (9) Capital assets, liabilities............ Summary ((7) + (8))................... 735"' 1,114 556 389 289 1,030 June.... July.... (1) (2) Aug.... & VO 00 o 128 Treasury Bulletin FOREIGN CURRENCY POSITIONS, Section III - French Franc Positions Table FCP-UI-1. - Nonbanking Firms’ Positions Short-term trade Position at end of month Mar. Mar. Mar. 1979 1979 1979 Liquid assets 2/ Short term debt 2/ (1) (2) Pay ables 5/ Receiv ables u (3) 3,921r 10,068r 209 370 ___ £,l„30r ____ 10*438$ 233 523 Forward exchange 8/ (5) (4) 28,218r 715' 28.933* Other assets £/ 15,553r 341 15.894r Other liabil ities 2/ (6) 22,951r 1.51424.46'5r Sold Bought 19,045r 928 19,973r Net position 2/ Ex change rate 10/ (10) Positions held by offices in: (7) (S) (9) 807 1.330 2,137 2,151 2,204 4,355 9,080r 4* 2930 4.2930 -75 9,005^ 4*2930 Abroad United States Worldwide Apr. 1979 642 288 1,881 929 1,210 2,453* -227 4.3683 United States May 1979 257 344 677 265 1*548 939 1,298 2,669 -437 4.4230 United States June June June 1979 1979 1979 10,860 362 11,222 30,027 706 30,733 17,028 251 17,279 23,920 2.170 26,090* 19,986 957 20,943 1,186 1.364 2,550 2,244 2*430 4,674 8,842 498 9,340 4.2675 4.2675 4.2675 Abroad United States Worldwide July 1979 3,827 298 4,085 415 362 769 261 1,449 1,080 1,355 2,177 108 4.2630 United States Aug. 1979 471 330 684 301 1,686 1,107 1,399 2,021 481 4.2520 United States Table FCP-III-2. - Weekly Bank Positions 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 2A> branch World wide 1£/ Exchange rate 17/ 15/ (1) (2) (11) 846 804 847 777 348 459 196 195 498 345 651 582 2,214r 2,241r 2,486r 2,478r 2,712r 2,586r 3,137r 3,060r (6> 19,248 21,226 21,782 22,077 (10) 3/07/79 3/14/79 3/21/79 3/28/79 19,791 21,857 22,638 22,951 -723 -631 -856 -874 -2,062 -2,135 -2,514 -2,379 -2,785 -2,766 -3,370 -3,253 -225 -286 -205 -292 152r 106r -28r 99r -73r -180r -233r -193r 4.2740 4.2790 4.2893 4.2875 4/04/79 4/11/79 4/18/79 4/25/79 773 718 656 653 346 273 227 351 427 445 429 302 2,403r 2,029 2,223 2,392 2,830r 2,474 2,652 2,694 21,562 22,194 21,750 22,351 22,334 23,021 22,483 22,941 -772 -827 -733 -590 -2,403 -1,926 -2,093 -2,244 -3,175 -2,753 -2,826 -2,834 -345 -382 -304 -288 -r 103 130 148 -345r -279 -174 -140 4.3263 4.3475 4.3565 4.3503 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79' 602 700 804 792 679 292 312 436 418 410 310 388 368 374 269 2,295 2,648 2,760 2,856 3,321 2,605 3,036 3,128 3,230 3,590 23,613 23,443 24,676 25,048 25,164 24,437 24,382 25,626 26,047 26,089 -824 -939 -950 -999 -925 -2,187 -2,637 -2,805 -2,785 -2,989 -3,011 -3,576 -3,755 -3,784 -3,914 -514 -551 -582 -625 -656 108 -45 71 - 332 -406 -540 -627 -554 -324 4.3705 4.3710 4.3990 4.4420 4.4325 6/06/79 6/13/79 6/20/79 6/27/79 620 913 1,353 1,032 378 397 344 298 242 516 1,009 734 2,725 2,758 2,818 2,807 2,967 3,274 3,827 3,541 25,759 26,272 27,491 27,194 26,592 27,071 28,862 28,088 -833 -799 -1,371 -894 -2,444 -2,388 -2,592 -2,617 -3,277 -3,187 -3,963 -3,511 -591 -283 -362 -160 281 370 226 190 -310 87 -136 30 4.4210 4.4170 4.3250 4.2650 7/04/79 7/11/79 7/18/79 7/25/79 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 642 665 760 714 337 279 267 309 305 386 493 405 2,739 2,634 2,959 2,876 3,044 3,020 3,452 3,281 27,090 27,114 27,300 27,846 27,610 27,703 28,196 28,350 -520 -589 -896 -504 -2,431 -2,266 -2,612 -2,629 -2,951 -2,855 -3,508 -3,133 -215 -203 -403 -99 308 368 347 247 93 165 -56 148 4.2655 4.2598 4.2010 4.2270 656 687 769 541 589 315 320 376 364 395 341 367 393 177 194 2,514 2,758 2,517 2,295 2,460 2,855 3,125 2,910 2,47.2 2,654 25,002 27,718 29,805 28,147 29,919 25,372 28,120 30,429 28,460 30,655 -370 -402 -624 -313 -736 -2,332 -2,573 -2,177 -2,096 -2,364 -2,702 -2,975 -2,801 -2,409 -3,100 -29 -35 -231 -136 -542 182 185 340 199 96 153 150 109 63 -446 4.2513 4.2465 4.2565 4.2580 4.2635 Footnotes at and of Table FCP-IX-3, (3) (4) (5) (7) (8) (9) (12) 11 (13) (U) Section III - French Franc Positions Table FCP-III-3. - Consolidated Monthly Bank Positions is/ (In millions of French francs) Worldwide End of month Maturity Assets 19/ 1979-Mar.... (1) (2) (3) (4) (5) (6) (1) (2) 6,810 5,733 4,374 2,568 8,296 4,286 2,925 2,143 Over 6 months-1 year............... . 2 082 * IQ Bought Net (3) Foreign exchange contracts 20/ Sold (5) (4) Net overall position 21/ (7) Net (6) -1,486 1,447 1,449 425 402 634 9,094 9,163 11,689 7,849 3,478 1,657 9,137 10,600 12,489 8,318 3,872 1,754 -43 -1,437 -800 -469 -394 -97 9»,O A71 £ /J. 42,930 46,170 -3,240 -1,529 10 649 -44 8 537 (7) 22,603 (8) 567 829 -262 23,170 20,561 2,609 42,930 46,170 , -3,240 -631 6,520 4,970 5,003 2,189 7,402 4,633 3,428 1,756 -882 337 1,575 433 502 697 5,985 10,587 11,401 9,467 3,183 1,734 6,155 11,607 12,348 9,819 3,733 1.679 -170 -1 020 -947 -352 -550 55 -1 OS9 -2,984 (9) (1) (2) Demand/spot............ ............. (3) Over 1 month-3 months................. (7) (8) Over 1 year...................... . Total of all maturities............... Capital assets, liabilities............ (9) Demand/spot......................... . 3 days-1 month........................ (3) Over 1 month-3 months............... . ( A) Over 3 months-6 months................ (5) Over 6 months-1 year........ ......... (6) Over 1 year.......................... (1) (2) (7) Total of all maturities............... (8) Capital assets, liabilities............ Summary ((7) + (8))............ ...... (9) June... (1) (2) (3) (4) (5) Demand/spot................. ...... . 3 days-1 month............ ......... Over 1 month-3 months.................. Over 3 months-6 months................. Over 6 months-1 year................... Over 1 year................ ....... . -36? -ZoZ DO J 628 81 -48 752 -322 2,312 2,113 21,994 19,332 2,662 840 -230 42,357 _ 45,341 610 22,604 20,172 2,432 42,357 45,341 -2,984 -552 6,473 6.058 5.058 1,851 6,118 5,380 3,750 1,627 6,873 13,599 12,151 10,996 6,600r 14,883 13,141 12,168 3,014 2,466 355 678 1,308 224 401 147 5,508 5,946 273 -1,284 -990 -1,172 -324 -114 628 -606 318 -948 77 33 22,454 19,341 3,113 49,127 52,738 -3,611 -498 516 748 -232 - - - -232 22,970 20,089 2,881 49,127 52,738 7,780 4,449 3,626 1,659 9,559 O ,Dyj AR A*?C 13,U75 11 981 o ,Doo coo 5 2 271 51,012 9,550 -3,611 9 6,965 6,257 4,877 2,153 _ _ -230 -730 ... 2,885 2,587 (7) Total of all maturities..... .......... 23,137 20,101 -815 1 808 1 251 *494 281 17 3,036 (8) Capital assets, liabilities............ 493 749 -256 23,630 20,850 2,780 51,012 54,061 -3,049 -269 1 ,025 10,365 1 1A 1 ,1 J-lO 77f» / /u 1 A ,1 1A 1U I1U -349 -866 729 -2,089 -289 -323 676 250 1,499 -1,998 -194 -186 (6) (9) July.... (1) (2) (3) (4) (5) (6) Demand/spot.......... ....... ......... 3 davs-1 month........................ . Over 1 month-3 months.................. Over 3 months-6 months................. Over 6 months-1 year................... Over 1 vear........................... 9,676 15,692 12,957 3,828 2,358 54,061 -1,083 -617 -976 -295 -87 -3,049 - - -806 725 634 -482 -14 -70 -13 -256 6.217 6,249 4,469 2.217 1,060 1,959 70 J 1 R99 1 ,ozz 95 o ,D O L 1 'X/ l lj 2,158 10,714 10,976 13,045 14,189 3,851 2,481 (7) Total of all maturities................ 22,171 18,937 3,234 52,069 55,256 -3,187 47 (8) CaDital assets, liabilities............... 436 ILfK /HO ” " -312 22 607 19,685 2,922 52,069 5,086 5,901 4,643 2,304 936 1,932 4,793 4,882 3,741 1,959 761 1,838 293 1,019 902 345 8,304 10 621 13,669 11,588 55,256 8,i3l 11 052 20,802 17,974 2,828 (8} CaDital assets, liabilities ................. 485 765 -280 ((7^ + ( 8 ^ .......................... 21,287 18,739 2,548 (9) Summary ((7) + (8)).............. ..... Aug.... (?) (3) (4) (5) (6) 3 Hays-1 month........................ Over 1 month-3 months.......... ........ Over 3 months-6 months................. Over 6 months-1 year................... Over 1 vear........................... (7) Total of all maturities ..................... (9) Summarv 5 5 3 2 192 133 699 126 13 774 10 1AA 1/,IUU 12 N 94 ) 5,605 6,042 -3,187 1>3 -431 -1,424 -994 _009 ( llL \ -215 49,787 52,900 111 • J ,1XJ -iO J 49,787 52,900 -3,113 -565 ... . W7J 12,582 175 ...... -265 466 588 _ coo -649 -47 -121 -iO VJ .FOREIGN CURRENCY POSITIONS, (4) (5) (6) May Balance sheet items Liabilities 130 Treasury Bulletin ______ FOREIGN CURRENCY POSITIONS___ Section IV - German Mark Positions Table FCP-IV-1. - Nonbanking Firms’ Positions Forward exchange 8/ Short-term trade Position at end of month Liquid assets 2j Short term debt 2/ (2) (1) Pay ables 5/ Receiv ables u (3) (4) Mar. Mar. Mar. 1979 1979 1979 Apr. 1979 1,212 May 1979 1,223 June June June 1979 1979 1979 10,541r 1,106 li,647r July 1979 1,354 60 lr 367 826 Aug. 1979 1,389 500 381 629 8,917r 1.368 10,285r 7,772r 556r 8,328r . 17,055r 317 17,372r ll,408r 1.148 . 12,556r Other assets £/ Other liabil ities 2/ Net position 2/ Sold Bought (7) (a) (9) l%94$r 1.639* 21,5S8r 19,335* 2.109r 21,444r ly’ 2-91 3.230 4.521 7,308r 961 8A269r (5) (6) Ex change rate 10/ Positions held by offices in: (10) 1.8665 1.8665 1.8665 1.8970 Abroad United States Worldwide United States 394r 368 1,084 1,258 ^,037r 2,803 1,389 1.780 3.169 2,000 596r 431 1,102 1,588 2,027* 2,964 2,251 230 1.9124 United States l'4,895r 843 15,738r 21,131r 1.681 22,812r 19*596r 2,383r 21,979r 1,024 2.879 3,903 1,570 2.180 3,750 9,571r 26 9,5^7f 1.8383 1.8383 1*8383 Abroad United States Worldwide 1,340 2,,707r 3,885 2,170 642 1.8353 United States 1,681 2,239 3,994 2,434 1,643 1.8223 United States 7*530r 614r 8,1^4r 20,466r 380 I20,846r 12 j6 Table FCP-IV-2. - Weekly Bank Positions . 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 1Li branch 15/ 3/07/79 3/14/79 3/21/79 3/28/79 (1) 1,233 1,223 1,202 1,192 (2) 1,288 1,324 1,266 1,219 (3) -55 -101 -64 -27 (4) 3,540 3,542 3,243 3,046 (5) 3,485" 3,441 3,179 3,019 (6) 41,791 43,570 44,558 46,300 .. 41,952 44,003 44,875 46,800 (8) -161 -433 -317 -500 _ (9) -2,335 -2,310 -2,156 -1,861 (10) -2,496 -2,743 -2,473 -2,361 (ID -216 -534 -381 -527 4/04/79 4/11/79 4/18/79 4/25/79 1,100 1,123 1,128 1,094 1,265 1,232 1,226 1,258 -165 -109 -98 -164 2,139* 2,695 2,402 2,622 1,974 2,586 2,304 2,458 49,511 50*981 49,626 50,631 49,937 51,434 49,754 50,174 -426 -453 -128 -83 -1,384 -1,589 -1,033 -1,227 -1,810 -2,042 -1,161 -1,310 -591 -562 -226 -247 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 1,000 1,184 1,024 990 1,011 1,176 1,163 999 933 944 -176 21 25 57 67 2,539 2,235 2,207 1,642 2,263 2,363 2,256 2,232 1,699 2,330 52,737 48,015 46,757 50,761 79,397 53,038 48,380 47,356 51,541 80,324 -301 -365 -599 -780 -927 -1,478 -1,298 -1,151 -978 -1,607 -1,779 -1,663 -1,750 -1,758 -2,534 6/06/79 6/13/79 6/20/79 6/27/79 1,183 1,055 1,170 1,114 1,135 1,001 1,088 1,097 48 54 82 17 2,431 2,424 2,683 3,900 2,479 2,478 2,765 3,917 55,595 51,684 60,622 £7,354 56,309 51,959 61,123 57,404 -714 -275 -501 -50 -1,992 -1,532 -1,700 -3,034 7/04/79 7/11/79 7/|8/79 7/25/79 1,090 1,141 1,521 1,154 1,082 1,113 1,422 1,145 8 28 99 9 3,712 3,421 4,096 4,233 3,720 3,449 4,195 4,242 54,169 55,228 59,221 57,707 54,451* 55,454 59,428 57,987 -282 -226 -207 -280 8/01/7-9 8/08/79 8/15/79 8/22/79 8/29/79 1,149 1,091 1,239 1,099 1,149 1,134 1,132 1,260 1,143 1,196 15 -41 -21 -44 -47 3,881 3,836 3,556 3,391 2,946 3,896 3,795 3,535 3,347 2,899 56,573 56,808 59,433 55,790 56,507 56,812 57,128 59,930 56,050 56,924 -239 -320 -497 -260 -417 Footnotes at end of Table FCP-IX-3. World wide 16/ Exchange rate 17/ (12) 1,205 1,232 1,087 1,183 . _(13) 989* 698 706 658 (14) 1.8510 1.8567 1.8627 1.8624 755 1,106 1,369 1,395 164 544 1,143 1 »jl48 1.8835 1.8938 1.8937 1.8906 -477 -344 -574 -723 -860 1,061 937 1,056 664 656 584 593 482 -59 -204 1.9013 1.8960 1.9057 1.9135 1.9153 -2,706 -1,807 -2,201 -3,084 -666 -221 -419 -33 439 892 983 866 -227 671 564 833 1.9139 1.9106 1.8641 1.8428 -2,962 -2,661 -3,328 -3,522 -3,244 -2,887 -3,535 -3,802 -274 -198 -108 -271 750 760 768 711 476 562 660 440 1.8355 1.8275 1.8044 1.8161 -3,246 -3,4)66 -2,719 -2,694 -2,153 -3,485 -3,386 -3,216 -2,954 -2,570 -224 -361 -518 -304 -464 635 770 837 697 793 411 409 319 393 329 1.8291 1,8263 1.8288 1.8293 1.8302 ' Section IV - German Mark Positions Table FCP-IV-3. - Consolidated Monthly Bank Positions (In millions of marks) 8 Worldwide End of month (2) (3) (4) (5) (6) Net overall position 21/ (7) Demand/spot.............. 3 days-1 month........... Over 1 month-3 months..... Over 3 months-6 months.... Over 6 months-1 year........ Over 1 year.............. 9,442 17,551 ll,997r 7,584 5,460 10,111 11,992 17,936 ll,943r 6,691 4,731 6,341 -2,550 -385 54 893 729 3,770 17,440 21,766 25,025 24,480 14,262 4,252 17',533 22,708 26,627 24,761 14,065 3,954 -93 -942 -1,602 -281 197 302 -2,643 -1,327 -1,548 612 926 4,072 Total of all maturities..... 62,145r 59,634r 2,511 107,225 109,644 -2,419 92 Capital assets, liabilities. .1,276 1,861 -585 Summary ((7) + (8))....... 63,421r 61.495r 1,926 107,225 109,644 -2,419 Demand/spot.............. 3 days-1 month............ Over 1 month-3 months..... Over 3 mOnths-6 months.... Over 6 months-1 year...... Over 1 year.............. 11,304 15,344r 14,225 6,970 5,248 6.195 -2,379 -1,311 559 1,187 538 3.677 14,574 22,801 25,937 27,218 15,765 4.250 Total of all maturities... 8,925 14,033r 14,784 8,157 5,786 9.872 61,552r 2,271 110,545 14,697 24,192 26,582 27,288 15,962 ..-*i229 , 112,950 -123 -1,391 -645 -70 -197 ___ 21_ -2,405 Capital assets, liabilities. 1,163 1,831 Summary ((7) + (8))....... 62,720r 61,117r 1,603 110,545 112,950 -2,405 -802 Demand/spot.............. 3 days-1 month....... ..... Over 1 month-3 months..... Over 3 months-6 months.... Over 6 months-1 year...... Over 1 year.............. . 9,650 13,164 14,842r 8,921 6,316 10.329 12,113 15,680 13,313r 7,815 5,641 6.521 -2,463 -2,516 1,529 1,106 675 3,808 13,800 28,242 27,472 28,206 15,494 4,679 12,835 27,982 29,283 28,913 15,803 4,908 965 260 -1,811 -707 -309 -229 -1,498 -2,256 -282 399 366 3,579 Total of all maturities... . 63,222r 1,111 _61,083r_ 1,888 2,139 -777 117,893 119,724-* -1,831 308 MaturityAssets 19/ (1) 19-79- Mar. Apr, May. July.... Aug. balance sheet,items Liabilities Net Bought Foreiim exchange contracts 20^_ Sold Net -493 -2,502 -2,702 -86 1,117 341 .1,698-134 -668 Capital assets, liabilities., Summary ((7) + (8))....... . 64,333r 62,971r 1,362 117,893 119,724 -1,831 -469 Demand/soot........... 3 days-1 month........ Over 1 month-3 months... Over 3 months-6 months.. Over 6 months-1 year.... Over 1 year........... 8,967 15,171 14,955 9,653 6,854 10,212 11,920 14,928 14,083 8,207 6.632 6.633 -2,953 243 872 1,446 222 3,579 23,729 18,952 32,029 29,406 14,819 4,687 23,003 19,822 33,118 30,154 15,193 4,836 726 -870 -1,089 -748 -374 -149 -2,227 -627 -217 698 -152 3,430 Total of all maturities. 65,812 62,403 3,409 123,622 126,126 -2,504 905 1,109 1,873 -764 8) Capital assets, liabilities. 9) Summary ((7) + (8))....... 66,921 64,276 2,645 123,622 126,126 -2,504 141 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.......... 8,343 13,219 16,034 12,096 6,666 10,615 11,538 14,469 14,424 9,996 6,147 6,728 -3,195 -1,250 1,600 2,100 519 3,887 24,921 21,366 34,661 29,226 14,952 4,857 24,620 23,663 34,129 30,022 15,482 4,982 301 -2,297 532 -796 -530 -125 -2,894 -3,547 2,132 1,304 • -11 3,762 7) Total of all maturities. 66,973 63,312 3,661 129,983 132,898 -2,915 746 8) Capital assets, liabilities. 1,193 2,006 -813 9) Summary ((7) + (8))....... 68,166 65,318 2,848 129,983 132,898 -2,915 -67 1) Demand/spot.............. 2) 3) 3 days-1 month .............. Over 1 month-3 months...... Over 3 months -6 months..... Over 6 months-1 year....... Over 1 y ear ................. 7,984 15,699 14,715 12,667 5,860 10,518 11,586 16,382 14,330 10,391 5,126 6,915 -3,602 -683 385 2,276 734 3,603 18,265 27,534 30,781 27,107 14,545 5,221 17,589 28,315 32,599 27,056 14,778 5,469 676 -781 -1,818 51 -233 -248 -2,926 -1,464 -1,433 2,327 501 3,355 7) Total of all maturities.... 67,443 64,730 2,713 123,453 125,806 -2,353 360 8) Capital assets, liabilities. 1,149 2,013 -864 68,592 66,743 1,849 123,453 125,806 -2,353 4) 5) 6) (9) Summary ((7) + (8 ))......... ft & Q vo 00 o Treasury Bulletin 132 .FOREIGN CURRENCY POSITIONS, Section V - Italian Lira Positions Table FCP-V-1. - Nonbaking Firms’ Positions Short-term trade Position at end of month Short term debt 2/ Liquid assets 2/ Pay ables 5/ Receiv ables 4/ Forward exchange 8/ Other assets 6/ Other liabil ities 2/ (2) (3) 1979 1979 1979 669,569 10,651 680.220 i,203,087 1,256,627 1*296,647 3,486,578 141,947 Apr. 1979 10,596 46,215 110,42& 26,574 May 1979 11-362 29,797 84,816 15,113 June June June 1979 1979 1979 590,227r 11,385 601,612r July 1979 n^a. xuaa 35,&61 22,650 52,850 12,980 Aug. 1979 n.a. n.a. 32,587 11,953 52,429 11,697 (1) Mar. Mar. Mar. l,202,903r 50,811 l,253,714r (4) (5) (6) 1,711,028 2,070,401 34,465 42,737 ' 1*7^5,493 <2,113,138* 3,567,615r 44,89* 3,612,434r Sold Bought (7) Net position 2/ Ex change rate 10/ (9) (10) (8) 2,,252s,380 21,492 2,273,872 114,530 48,813 163,343 42,065 21,207 32,982 227,670 43,146 21,319 20,437 213,331 22,463 35.228 57*691. 77,406 161,826 896,885r 211.154 -145.332 372.986 ..i s u m t 200,962 -146,014 69,520 192,800 l„985,231r 2,646,2171r 15,316* 48^402' 2,000,347* 5.494.619i 2,579,6771 7,885 2.587,3621 220,330i 184,503r 404.833x 954,253r -49,852 Positions held by offices in: 839.45 839.45 839.45 Abroad United States Worldwide -125,595 846.00 United States *119,779 855.88 United States 831,75 831,75 831.75 Abroad United States Worldwide -119,947 819.05 United States 816.43 Uni'ted States Table FCP-V-2. Weekly Bank Positions 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 1Lt branch W World wide 16/ Exchange rate 17/ (7) (8) _ (?) (10) (12) (13) _(14) 3/07/79 3/14/79 3/21/79 3/28/79 61,050 63,087 35,326 38,470 29,935 29,343 17,567 20,275 31,115 33,744 17,759 18,195 76,826 68,315 66,400 47,574 107,941 102,059 84,159 65,769 1,107,053 1,145,108 1,123,658 1,115,517 1,186,443 1,236,108 1,171,604 1,182,962 -79,390 -91,000 -47,946 -67,445 -4,498 -7,104 -3,851 16,669 -83,888 -98,104 -51,797 -50,776 -48,275 -57,256 -30,187 -49,250 72,328 61,211 62,549 64,243 24,053 3,955 32,362 14,993 840.00 842.70 840.00 838.35 4/04/79 4/11/79 4/18/79 4/25/79 31,267 28,456 39,815 43,383 20,787 20,732 20,165 20,796 10,480 7,724 19,650 22,587 -2,149 73,610 33,380 101,66^ 8,331 81,334 53,030 124,253 1,190,396 1,105,533 1,155,167 1,056,112 1,255,546 -65,150 1,167,374 -61,841 1,206,467 • -51,300 1,134,673 -78,561 58,377 -25,309 24,456 -28,815 -6,773 -87,150 -26,844 -107,376 -54,670 -54,117 -31,650 -55,974 56,228 48,301 57,836 72,851 1,558 -5,816 26,186 16,877 841.08 840.63 843.20 842.90 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 42,730 33,745 37,653 34,986 21,634 19,683 19,993 20,738 20,331 16,355 23,047 13,752 16,915 14,655 5,279 54,422 31,375 42,418 56,170 114,755' 131,670 47,482 32,827 52,677 57,956 951,415' 1,005,171 L,103,280 L,035,137 1,067,973 1,011,172 1,053,109 L,157,831 L,087,917 L,126,679 -59,757 -47,938 -54,551 -52,780 -58,706 48,506 34,529 -39,869 40,496 15,235 -11,251 -13,409 -94,420 -12,284 -43,471 -36,710 -34,186 -37,636 -38,125 -53,427 79,881 76,947 74,886 73,323 67,912 43,171 42,761 37,250 35,198 14,485 846.80 845.90 849.85 856.55 855.00 6/06/79 6/13/79 6/20/79 6/27/79 12,199 15,389 17,466 19,996 14,710 19,437 17,846 18,615 -2,511 -4,048 -380 1,381 70,814 104,629 31,826 58,155 68,303 100,581 31,446 59,536 1,083,389 1,064,726 L,052,584 L,190,438 L,132,513 L,103,282 1,087,208 1,225,995 -48,674 -38,556 -34,624 -35,557 3,625 -27,415 62,908 40,939 -45,049 -65,971 28,284 5,382 -51,185 -42,604 -35,004 -34,176 74,439 77,214 94,734 99,904 23,254 34,610 59,730 64,918 853.90 852.80 840.25 832,38 7/04/79 7/11/79 7/18/79 7/25/79 17,533 18,739 11,158 28,295 18,016 18,634 14,673 7,881 -483 105 -3,515 20,414 61,998 50,902 47,625 33,118 61,515 51,007 44,110 53,532 '1,135,265 1,106,795 1,041,668 1,117,737 1,169,434 1,149,727 1,083,132 1,176,691 -34,169 -42,932 -41,464 -58,954 34,697 37,990 32,302 44,360 528 -4,942 -9,162 -14,594 -34,652 -42,827 -44,979 -38,540 96,695 88,892 79,927 77,478 62,043 46,065 34,948 38,938 827.60 822.13 812,10 815.38 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 31,241 34.340 44,621 53.341 27,247 20,678 22,588 22,845 23,224 24,626 10,563 11,752 21,776 30,117 2,621 76,683 75,348 61,524 77,058 75,325 87,246 87,100 83,300 107,175 77,946 1,095,853 1,071,402 1,058,914 1,012,442 1,027,243 1,159,630 1,070,389 1,127,532 t,080,129 |L,084,003 -63,777 -52,987 -68,618 -67,687 -56,760 9,201 -1,317 21,421 6,288 11,237 -54,576 -54,304 -47,197 -61,399 -45,523 -53,214 -41,235 -46,842 -37,570 -54,139 85,884 74,031 82,945 83,346 86,562 32,670 32,796 36,103 45,776 32,423 819.05 818.95 817,25 817.15 817.55 (1) (2) Footnotes at end of Table FCP-IX-3. (3) (4) (5) _X6) (11) 133 January 1980 _____ FOREIGN CURRENCY POSTTTOTJS Section VI - Japanese Yen Positions Table FCP-VI-1. - Nonbanking Finns’ Positions Forward exchange 8/ Short-term trade Position at end of month Liquid assets 2/ Short term debt 2/ Receiv ables ij Pay ables 5/ (1) (2) (3) (4) Other assets £/ Other liabil ities 2/ (5) (6) (7) (8) Bought Sold Net position 2/ Ex change rate 10/ (9) (10) Positions held by offices in: 293#773r 56,787 307,819r 9,368 685,873r 22,118 455,188r 24,389 485#743r 62,303 463,941r 4,835 39,608 159,763 19,254 143,186 258,795r 119,193 209.50 209.50 Abroad United States 350,560r 317,187r -707,991r 479,577r 548,046r 468,776r 199,371 162,440 377,988r 209.50 Worldwide 1979.... 52,606 11,135 29,879 24,728 55,196 6,776 159,303 150,402 103,943 221.93 United States 1979.... 52,667 8,320 30,503 24,785 54,494 7,109 177,502 146,114 128,838 220.83 United States 1979.... 1979.... 3l6,670r 57,413 287,397r 16,864 648*082r 28,145 207,368 23r6S2r 152,697 325,668r 183,253 218.10 218.10 Abroad United States 304,261r 676,227r 55Z^57r 96,229 649,186r <515,737* 9,037 384»083r 409,2?4r 27,304 436,578r 324,774r 243,416 178,378 508,921r 218.10 Worldwide 32,940 35,280 28,077 24,323 9,054 29,453 235,505 336,420 208,306 335,852 210,245 210,273 217.08 210.95 United States United States Mar. Mar. 1979.... 1979.... Mar. 1979.... Apr. May June June June 1979.... July 1979.... n.a. Aug. 1979....J n.a. n.a. n.a. 154,706 241,603 Table FCP-VI-2. - Weekly Bank Positions 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 Net position Foreign branch net . World wide net World wide w Exchange rate 17/ (2) (3) (-6) (7) 3/07/79 3/14/79 3/21/79 3/28/79 106,134 111,481 110,340 120,130 24,856 28,946 29,882 38,014 81,278 82,535 80,458 82,116 476*933 512,286 483,697 478,264 558,211 594,821 564,155 560,380 2,580,082r 2,897,025 3,063,314 2,753,419 2,649,138 2,999,936 3,148,687 2,854,049 - J S ) ... -69,056 *102,911 -85,373 -100,630 -429,738 L473,038 -436,267 -424,321 -498,794 -575,949 -521,640 -524,951 12,222 -20,376 -4,915 -18,514 47,195 39, 248 47,430 53,943 59, 417 18,872 42, 5i5 35,429 204.08 207.27 206.95 207.83 4/04/79 4/11/79 4/18/79 4/25/79 106,778 100,758 107,024 120,233 35,336 39,362 40,163 38,743 71,442 61,396 66,861 81,490 402,799 481,020 448,906 459,202 474,241 542,416 515,767 540,692 2,795,171 2,824,334 3,025,635 2,975,792 2,890,884 2,887,507 3,109,260 3,060,519 -95,713 -63,173 -83,625 -84,>27 -361,744 -433,139 -409,085 •411,470 -457,457 -496,312 -492,710 -496,197 -24,271 -1,777 -16,764 -3,237 41,055 47,881 39,821 47,732 16, 784 46,104 23,057 44,495 215.05 213.40 215.15 217.78 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 125,442 128,459 125,117 124,168r 121,415 44,590 51,017 50,978 50,406r 45,066 80,852 77,442 74,139 73,762r 76,349 426,751 431,169 421,865 398,380 397,859 507,603 508,611 496,004 472,142r 474,208 -94,434 -381,853 2,931,020 3,025,454 -88,365 -367,207 3,129,747 3,318,112 -84,604 -372,075 3,073,729 3,157,733 3,063,636r, 3,163,203r -99,56,7r -362,090 2,995^470 3,102,836 -107,366 ■369,451 -476,287 -455,572 -456,079 -461,657r -476,817 -13,582 -10,923 -9,865 -25,805r -31,017 44,898 63,962 49,790 32,290 28,408 31,316 53,039 39,925 10,485r -2,609 225.10 213.03 214.33 218.75 220.43 6/06/79 6/13/79 6/20/79 6/27/79 122,370 108,234 135,686 111,603 56,293 42,576 49,459 45,958 66,077 65,658 86,227 65,645 369,462 328,631 339,141 377,332 435,539 394,289 425,368 442,977 3,206^056 3,229^849 5,114,310 3,199,273 3,312,442 3,286,474 3,192,163 3,250,231 -106,386 -56,625 -77,853 -50,958 -330,645 •289,928 •294,903 •338,626 -437,031 -346,553 -372,756 -389,584 -40,309 9,033 8,374 14,687 38,817 38,703 44,238 38,706 -1,492 47,736 52,612 53,393 219.80 220.25 218.85 216.40 7/04/79 7/11/79 7/18/79 7/25/79 140,901 148,535 114,509 105,784 50,772 50,330 46,611 46,410 90,129 98,205 67,898 59,374 381,213 398,310 419,393 451,854 471,342 496,515 487,291 511,228 3,008,307 3,092,908 3,036,663 3,136,239 3,205,843 ,3,272,195 3,292,227 3,345,260 -8^,601 -99,576 -66,352 -52,983 -355,638 -363,051 -391,994 ■414,143 -440,239 -462,627 -458,346 -467,126 5,528 -1,371 1,546 6,391 25,575 35,259 27,399 37,711 31,103 33,888 28,945 44,102 217.75 217.35 213.20 215.40 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 102,773 98,865 98,914 102,399 95,788 37,021 35,449 35,703 35,775 31,970 65,752 63,416 63,211 66,624 63,818 469,146 470,796 419,625 383,157 356,945 534,898 534,212 482,836 449,781 420,763 3,296,704 3,136,931 3,275,374 3,264,876 3,568,679 -63,947 -71,580 -65,382 -79,218 -79,918 •433,665 •433,766 ■388,349 •333,849 •343,722 -497,612 1,805 -8,164 -505,346 -453,7311 -2,171 -12,594 -413,067 -423,640 -16,100 35,481 37,030 31,276 49,308 13,223 37,286 28,866 29,105 36,714 -2,877 216.20 216.35 216.75 219.20 222.25 (1) Footnotes at end of Table FCP-IX-3. (4) (5) 3,360,651 3,208,511 3,340,756 3,344,094 3,648,597 ... .(?,) (10) United Foreign States 1Li branch 15/ (11) o ? L .. (13) (14) Section VI - Japanese Yen Positions Table FCP-VI-3. - Consolidated Monthly Bank Positions is/ (In millions of yen) Worldwide End of month Maturity Assets 19/ Net overall position 21/ (7) Net (4) (5) (6) 713,857 453,234 436,240 96,861 53,733 9.498 877,018 1,358,462 1,632,007 990,031 467,240 39,347 878,436 1,472,852 1,825,694 1,146,236 489,628 41,710 -1,418 -114,390 -193,687 -156,205 -22,388 -2,363 -286,763 -17,120 319,079 -41,228 -2,539 44,847 1,763,423 506,727 5,364,105 5,854,556 36,775 -2,455 - -490,451 - -2,455 504,272 5,364,105r 5,854,556 -490,451 13,821 -192,863 146,353 482,537 68,961 20,028 45,994 1,331,984 1,306,351 1,846,364 1,029,333 534,942 51,606 1,348,576 1,546,787 2,010,192 1,108,920 525,964 52,405 -16,592 -240,436 -163,828 -79,587 8,978 -799 -209,455 -94,083 318,709 -10,626 29,006 45,195 Total of all maturities............... 571,010 6.100,580 6,592.844 78,746 -492.264 (8) Capital assets, liabilities........... -230 (8) Capital assets, liabilities............ 550,504 949,006 211,838 73,582 56.708 2,270,150 . Summary ((7) + (8)).................... 2,304,470 1,800,198 1 * , 424,428 ,UUj 106,261 (7) (9) (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) (9) 17* 999 72 690 57.913 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.......................... (7) Total of all maturities............... 11,919 “ 16,276 -230 1,763,796 570,780 6,100,580r 6,592,84*» -492,264 78,516 374 608 585*,363 923,889 184,483 58,921 56,625 643,237 449,366 486,376 96,667 48,964 14,517 -268,629 135,997 437 513 87 816 9,957 42,108 909,792 O OOQ IOC Z,ZJo,1 o5 1 7DA HQ7 1,/OU,Uo/ 976,093 K7Q D /7 ,A07 HO / 54,544 898,056 2,460,775 1,901,146 1,057,423 576,917 64,390 11,736 -222,590 -121,059 -81,330 2,520 -9,846 -256,893 -86,593 316,454 6,486 12,477 32.262 6,538.138 6.958.707 -420.569 24,193 6 538 138 £ ACQ 7A7 D,yoo,/U/ " -420,569 22,485 898,184 1,526,426 1,836,573 1,045,465 573,095 66,902 ' 901,791 1 607 542 2,029*152 1,115,564 575,472 89 731 -3,607 -ftl 11 A -0 1 ,1X0 -192,579 -70,099 -2 377 -99 89Q -ii,OZ7 5,946,645- 6,319,252 -372,607 -n DU,U/D 2,183.889 1,739,127 444.762 (8) Capital assets, liabilities............ (9) Summary ((7) + (8))................... 36,047 2,219,936 37.755 1,776,882 -1.708 ‘rHJjUJ't (1) (2) (3) (4) (5) (6) ripmflrirl/«spot.......... .......... ,.... 3 days-1 month..... ........... ...... Over 1 month-3 months................. Over 3 months-6 months................ Over 6 months-1 year.................. Over 1 year........................... 354 121 594’771 907,931 178,943 56,476 54,710 540,697 582,078 405,559 127,228 49,819 18,889 (7) Total of all maturities........... . 2,146,952 1,724,270 -186,576 12,693 502,372 51,715 6,657 35,821 /.'»') C.QO 35,135 38,115 -2,980 2,182,087 1,762,385 419,702 5,946,645 A 9*9 -372,607 47,095 977 599 1 AR 1,7 /*5^ £ OUD 1 07^ 771 1)7/J) //I 1,030,764 «/jO ^4Jj £A 10 OU,7 f-L5 A^JX4, 705 O /UJ 1 AL.O 1/.O l,UbJ,14o JL,9Z0,Z09 9 A 'JQjU7J no^ /)UJ0 *565*072 80,197 A 7QA 1**K O,/OH,ljj -85,544 -190,664 //, OO/. -OH,JZ4 on tsnc -oU,DVD OQ Q1 A -Zo,oiy -19,484 /./A "HD /^✓.OA -274,646 -27,753 387,226 -7,238 -26,015 14,169 (8) Capital assets, liabilities......... . Aug.. exchange contracts 20/ Sold (3) (4) Over 3 months-6 months.......... ...... (5) (6) July. Bought -285,345 97,270 512,766 114,977 19,849 47.210 (3) May. Foreim Net (2) (1) (1) (2) Apr.. Balance'sheet items Liabilities (9) Summary ((7) + (8))................... (1) (2) (3) (4) (5) (6) Demand/spot........................... 3 days-1 month........................ Over 1 month-3 months.................. Over 3 months-6 months................. Over 6 months-1 year................... Over 1 year........................... 390,439 652,845 839,209 204,141 56,859 57,681 579,541 489 934 387^659 130,784 54,055 24 028 -189 102 (7) Total of all maturities................ 2,201,174 1,666,001 535 173 (8) Capital assets, liabilities............ 37,574 39,287 -1,713 451^550 73,357 2 804 33,653 -1,708 -ion •i7V,iOj -Aft,tfZj “DO ^fiQ,/7J 7Q^ -1f t,jOH ^ftA "JLO H ,ZOU ‘ m2 980 » 65,743 (9) Summary ((7) + (8)).................... 2,238,748 1,705,288 533,460 6,314,705 6 784 135 -469 430 -1,713 OHjUjU (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...................... 292 425 568*854 882,834 212,364 46,514 61,658 D1Z,ZVU AQ1 HOl,L5O ✓ 17 oci h. ±/,ZOl JLHj,^t^tO O /, aaa z^,yuu -219,865 87,618 465,583 68,916 -15,678 36,758 838,526 2,024,498 1,716,311 1,186,751 537,456 82,660 831,638 2,122,566 1,932,148 1,257,375 557,459 105,420 6,888 -98,068 -215,837 -70,624 -20,003 -22,760 -212,977 -10,450 249,746 -1,708 -35,681 13,998 (7) Total of all maturities.............. . 2,064,649 1,641,317 423,332 6,386,202 6,806,606 -420,404 2,928 38,198 40,153 -1,955 - - - -1,955 2,102,847 1,681,470 421,377 6,386,202 6,806,606 -420,404 973 (8) Capital assets, liabilities............ :9) ^nmmflrv ^^7^ -1- \\ i I 55} bj 135 January 1980 _____ FOREIGN CURRENCY POSITIONS______ Section VII - Swiss Franc Positions Table FCP-VII-1. - Nonbanking Firms’ Positions Short-term trade Position at end of month Liquid assets 2/ Short term debt 2/ (1) (2) Receiv ables ij . (3) Forward exchange 8/ Other assets 6/ Other liabil ities 2/ (4) (5) (6) Pay ables 5/ Net position 2/ Ex change rate 10/ (8) (9) (10) l,697r -1,504 1.6933 1.6933 Abroad United States Sold Bought (7) Positions held by offices in: l,568r 327 l,200r 1,094 l,590r 61 626 166 2,885 360r 2,620 l,501r 437 847 337 338 l,895r 2,294r 1,651r 792 3,245r 4,121r 1,284 675 1.6933 Worldwide 166 427r l,503r 900 619 -1,46^ 1.7188 United States 167 418r l,506r 753 578 -1,669 1.7300 United States 777r 178 2,932 417r 2,557r l,399r 688 836 1,319 509 l,337r -1,403 1.6560 1.6560 Abroad ( United States 955r 3,349r 3,956r 1,524 1,828 1.6560 Worldwide 415r l,401r 13,651 8,488 3,481 1.6650 United States 300 1,253 1,038 655 -1,371 1#6528 United States Mar. Mar. 1979..... 1979..... Mar. 1979..... Apr. 1979..... 322 893 63 May 1979..... 325 977 63 june June 1979..... 1979..... l,891r 319 l,219r 956 l,698r 67 June 1979..... 2,210r 2,175r l,765r July Aug. 1979..... 1979..... 330 921 68 173 374 1,070 59 164 193r -66r Table FCP-VII-2. - Weekly Bank Positions Assets and liabilities 12/ Banks in U.S. Date Assets (1) Liabilities (2) Net (3) Foreign branch net Exchange contracts 13/ World wide net (4) (5) Banks in U.S. Bought (6) Sold Net (7) (8) Net position Foreign branch net World wide net (9) (10) (ID (12) United Foreign States 14/ branch World wide 16/ 15/ (13) Exchange rate l£/ (14) 3/07/79 3/14/79 3/21/79 3/28/79 754 716 720 760 725 719 711 761 29 -3 9 -1 3,338 2,846 2,932 2,881 3,367 2,843 2,941 2,880 15,703 15,029 14,906 13,792 16,009 15,386 15,173 14,085 -306 ' -357 -267 -293 -2,900 -2,647 -2,531 -2,412 -3,206 -3,004 -2,798 -2,705 -277 -360 -258 -294 438 199 401 469 161 -161 143 175 1.6650 1.6784 1.6840 1.6840 4/04/79 4/11/79 4/18/79 4/25/79 724 725 719 990 696 665 675 882 28 60 44 108 2,815 2,613 2,508 2,440 2,843 2,673 2,552 2,548 14,879 15,674 15,534 14,907 15,328 16,147 15,975 15,414 -449 -473 -441 1 -507 -2,696 -2,499 -2,257 -2,150 -3,145 -2,972 -2,698 -2,657 -421 -413 -397 -399 119 114 251 290 -302 -299 -146 -109 1.7035 1.7145 1.7088 1.7109 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 804 773 829 854 870 702 693 729 744 747 102 80 100 110 123 2,580 2,498 2,598 2,401 2,423 2,682 2,578 2,698 2,511 2,546 15,537 15,527 15,511 15,996 15,779 16,122 15,989 16,087 16,60 16,460 -585 -462 -576 -612 -681 -2,462 -2,413 -2,490 -2,479 -2,533 -3,047 -2,875 -3,066 -3,091 -3,214 -483 -382 -476 -502 -558 118 85 108 -78 -110 -365 -297 -368 -580 -668 1.7234 1.7133 1.7273 1.7333 1.7340 6/06/79 6/13/79 6/20/79 6/27/79 863 814 824 884 711 737 755 783 152 77 69 101 2,476 2,316 2,620 2,727 2,628 2,393 2,689 2,828 16,280 15,955 18,404 18,436 16,896 16,403 19,006 1*8,809 -616 -448 -602 -373 -2,487 -2,354 -2,457 -2,521 -3,103 -2,802 -3,059 -2,894 -464 -371 -533 -272 -11 -38 163 206 -475 -409 -370 -66 1.7335 1.7302 1.6743 1.6555 7/04/79 7/11/79 7/18/79 7/25/79 818 856 886 794 760 675 675 668 58 181 211 126 2,935 2,664 2,688 3,147 2,993 2,845 2,899 3,273 16,660 17,762 18,182 18,147 17,079 18,303 18,771 18,551 -419 -541 -589 -404 -2,508 -2,268 -2,309 -2,799 -2,927 -2,809 -2,898 -3,203 -361 -360 -378 -278 427 396 379 348 66 36 1 70 1.6510 1.6535 1.6259 1.6405 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 860 808 803 804 872 773 701 709 679 642 87 107 94 125 230 3,221 2,936 2,886 2,852 2,673 3,308 3,043 2,980 2,977 2,903 18,515 17,797 17,449 16,983 17,637 18,903 18,280 17,900 17,470 18,256 -388 -483 -451 -487 -619 -2,793 -2,487 -2,463 -2,540 -2,450 -3,181 -2,970 -2,914 -3,027 -3,069 -301 -376 -357 -362 -389 428 449 423 312 223 127 73 66 -50 -166 1.6580 1.6530 1.6535 1.6556 1.6633 Footnotes at end of Table FCP-IX-3. Section VII - Swiss Franc Positions Table FCP-VII-3 - Consolidated Monthly Bank Positions is/ (In millions of Swiss francs) C\ Worldwide End of month 1979- Mar... May. Net (3) (4) 100 1,017 1,160 549 -2 -32 4,162 5,789 6,815 7,188 4,683 842 2,792 ( 1) (2) 1,078 3,476 3,723 3,296 1,661 (7) Total of all maturities.... 15,274 978 2,459 2,563 2,747 1,663 JLS2L. 12,482 (8) Capital assets, liabilities, 311 15,585 Summary ((7) + (8))...... . Bought Foreign exchange contracts Sold (5) 0/ Net ( 6) 29,479 4,414 6,464 7,710 7,785 4,789 -um. 32,356 -2,877 -252 -675 -895 -597 -106 -352 508 -197 12,990 2,595 29,479 32,356 2,877 21 590 1,142 531 53 125 3,190 5,694 8,382 7,859 5,106 934 3,199 6,506 9,340 8,409 5,296 1.175 *•9 -812 -958 -550 -190 -241 31,165 33,925 Net overall position 21/ (7) -152 342 265 -48 -108 -384 (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............. . 1,272 3,264 4,308 3,657 1,915 2.201 1,251 2,674 3,166 3,126 1,862 2.076 (7) Total of all maturities...., 16,617 14.155 2,462 (8) Capital assets, liabilities, 430 589 -159 (9) Summary ((7) + (8))...... . 17,047 14,744 2,303 31,165 33,925 -2,760 -457 (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.............. 1,858 3,819 4.243 4,087 1,939 2.244 143 783 603 567 1,212 54 -734 -1,015 -712 -329 -248 197 49 -412 -145 -107 -75 ..1^190. 3,952 8,885 8,224 7,335 4,681 964 34,041 3,898 9,619 9,239 8,047 5,010 (7) Total of all maturities... 1,715 3,036 3,640 3,520 1,717 2.071 15,699 37,025 -2,984 2,39269 747 452 927 497 34,041 5,436 6,042 10,478 8,161 4,959 1,087 37^025 5,540 6,891 10,846 8,969 5,375 1,288 -104 -849 -368 -808 -416 -201 2,776 36,163 38,909 -2,746 Capital assets, liabilities. Summary ((7) + (8))....... 427r 18,617r 526r 16,225r Demand/spot.............. 3 days-1 month............ (3) Over 1 month-3 months..... (4) Over 3 months-6 months.... (5) Over 6 months-1 year...... (6) Over 1 year.............. T7B59'" 1,790" 3,118 3,685 3,476 1,384 1,907 (8) (9) June.... (1) (2 ) (7) Total of all maturities... 3,865 4,137 4,403 1,881 1,991 18,136 222 173 2,491 15,360 Capital assets, liabilities. 452r 539r -87 Summary ((7) +(8))........ I8,588r 15,899r 2,689 36,163 38,909 -2,746 1,924 3,850 5,024 4,730 1,880 2,259 1,797 3,166 4,364 3,622 1,403 2,005 127 684 660 1,108 477 254 5,167 7,214 10,641 8,864 4,783 1,132 5,056 8,746 11,080 9,409 5,183 1,286 111 -1,622 -439 -545 -400 -154 19,667 16,357 3,310 37,711 40,760 -3,049 482 634 -152 -3,049 “ (7) Total of all maturities... ( 8) Capital assets, liabilities. (9) Summary ((7) + (8))....... 20,149 16,991 3,158 37,711 40,760 1) Demand/spot.............. month-3 months....... months-6 months.... months-1 year...... year.*............. 1,646 4,762 5,362 4,699 1,814 2,167 1,555 4,432 4,687 3,316 1,277 2,017 91 330 675 1,383 537 150 4,513 8,148 8,306 8,360 4,389 1,198 4,696 8,838 9,456 8,904 4,811 1,386 -183 -690 -1,150 -544 -422 -188 7) Total of all maturities.... 20,450 17,284 3,166 34,914 38,091 -3,177 8) Capital assets, liabilities. 38,091 -3,177 2 ) 3 days-1 month............ Over 4) Over 5) Over (6) Over 3) 1 3 6 1 Summary ((7) + (8))..... . 184 -19 -137 -116 -99 (9) 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.............. 12 -2 2 2 -298 ( 8) July... (1) Aug. Balance sheet items Liabilities Demand/spot............. (2) 3 days-1 month........... (3) Over 1 month-3 months.... (4) Over 3 months-6 months.... (5) Over 6 months-1 year*.... ( 6) Over 1 year............. (1) (9) Apr. Assets 19/ Maturity 451 579 -128 20,901 17,863 3,038 -35 -102 84 119 81 -117 238 -938 221 563 77 100 -152 34,914 -92 -360 -475 839 115 -38 -139 1 to S a 137 January 1980 ______FOREIGN CURRENCY POSTTTONS Section VIII - Sterling Positions Table FCP-VIII-1. - Nonbanking Firms* Positions Forward exchange 8/ Short-term trade Position at end of month Liquid assets £/ Short term debt 2/ Receiv ables ij Pay ables £/ (1) (2) (3) (4) Other assets 6/ Other liabil ities 2/ (5) (6) (7) Net position 2/ Ex change rate 10/ (8) (9) (10) Sold Bought Positions held by offices in: Mar. Mar. 1979..... 1979..... 2,308r 125 2,108r 204 5,193r 262 4,144r 216 6,818r 421 6,680r 443 464 1,666 571 1,495 l,28nr 116 2.0691 2.0691 Abroad United States Mar. 1979..... 2,433r 2,3i2r 5,455r 4,360r 7,239r 7,123r 2,130 2,066 1,396t 2.0691 Worldwide United States Apr. 1979..... 140 196 266 209 419 425 1,781 1,649 127 2.0691 May 1979..... 125 165 284 233 464 419 1,630 1,521 165 2.0687 United States June June 1979..... 1979..... 2,844 156 2,222r 134 5,542 313 4,545 211 6,947 537 6,920 429 567 1,800 592 1,788 i,62Tr 244 2.1758 2.1758 Abroad United States June 1979..... 3,000 2,356r 5,855 4,756 7,484 7,349 2,367 2,380 l,865r 2.1758 Worldwide July 1979..... 156 157 292 226 585 428 3,305 1,681 1,846 2.2447 United States Aug. 1979..... 151 188 286 259 610 435 2,002 1,684 483 2.2594 United States Table FCP-VIII-2. - Weekly Bank Positions 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 (10) United Foreign States 1£/ branch 15/ (1) (2) (5) (6) (7) (8) 3/07/79 3/14/79 3/21/79 3/28/79 121 132 148 144 53 48 50 40 68 84 98 104 -39 42 38 69 29 126 136 173 11,156 11,403 11,425 11,923 11,320 11,589 11,624 12,125 -164 -186 -199 -202 45 -30 -38 -57 -119 -216 -237 -259 -96 -102 -101 -98 4/04/79 4/11/79 4/18/79 4/25/79 138 108 117 122 42 42 41 50 96 66 76 72 43 39 695 -2 139 105 771 70 11,805 12,307 11,933 12,252 11,997 12,446 12,155 12,404 -192 -139 -222 -152 -46 -16 -736 -13 -238 -155 -958 -165 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 120 111 109 97 88 49 44 38 38 32 71 67 71 59 56 3 2 -16 80 60 74 69 55 139 116 11,682 11,789 11,970 11,762 11,264 11,868 11,992 12,099 11,896 11,434 -186 -203 -129 -134 -170 -12 29 40 -42 -13 6/06/79 6/13/79 6/20/79 6/27/79 86 85 94 94 34 32 32 27 52 53 62 67 38 -26 5 -7 90 27 67 60 12,136 13,379 12,849 12,653 12,288 13,509 13,008 12,795 -152 -130 -159 -142 7/C4/79 7/11/79 7/18/79 7/25/79 92 89 89 87 33 39 21 28 59 50 68 59 -70 -120 -42 -5 -11 -70 26 54 12,851 13,217 13,119 13,292 13,006 13,342 13,282 13,438 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 94 105 119 100 123 22 30 28 29 40 72 75 91 71 83 -37 -69 13 42 122 35 6 104 113 205 14,142 14,730 14,320 14,126 14,550 14,282 14,876 14,522 14,345 14,751 Footnotes at end of Table FCP-IX-3 (3) (4) (9) (11) (12) World wide 16/ (13) Exchange rate 12/ (14) 12 -90 -90 -101 -86 2.0371 2.0375 2.0392 2.0547 -96 -73 -146 -80 -3 23 -41 -15 -99 -50 -187 -95 2.0695 2.0916 2.0717 2.0387 -198 -174 -89 -176 -183 -115 -136 -58 -75 -114 -9 31 24 38 47 -124 -105 -34 -37 -67 2.0695 2.0670 2.0060 2.0568 2.0580 -13 38 23 28 -165 -92 -136 -114 -100 -77 -97 -75 25 12 28 21 -75 -65 -69 -54 2.0747 2.1057 2.1331 2.1617 -155 -125 -163 -146 85 152 78 2 -70 27 -85 -144 -96 -75 -95 -87 15 32 36 -3 -81 -43 -59 -90 2.2109 2.2336 2.2862 2.3175 -140 -146 -202 -219 -201 55 73 16 -40 -106 -85 -73 -186 -259 -307 -68 -71 -111 -148 -118 18 4 29 2 16 -50 -67 -82 -146 -102 2.2584 2.2222 2.2396 2.2306 2.2543 6 12 - Section VIII - Sterling Positions Table FCP-VIII-3. - Consolidated Monthly Bank Positions is/ (In millions of pounds) 00 Worldwide End of month MaturityAssets 19/ (1) (4) (5) Net (6) Net overall position 21/ (7) -529 -266 184 -75 18 785 3,501 5,255 6,809 6,747 3,361 (7) Total of all maturities.... 9,021 8,90* 117 26,319 3.330 5.331 6,774 6,787 3,355 837 26,414 Capital assets, liabilities. 200 142 (9) Summary ((7) + (8))....... 9,221 9,046 175 26,319 26,414 Demand/spot.............. 3 days-1 month............ Over 1 month-3 months..... Over 3 mOnths-6 months.... Over 6 months-1 year...... Over 1 year..... ......... 2,293 2,309 1,787 926 564 1.199 2,817 2,637 1,762 846 556 403 -524 -328 25 80 8 796 3,203 5,028 7,000 6,654 3,463 577 3,125 5,104 6,947 '6,700 3,371 880 (7) Total of all maturities.... (8) Capital assets, liabilities. 9.078 9.021 25,925 26,127 218 157 (9) Summary ((7) + (8))....... 9,296 9,178 25,925 26,127 -202 2,438 4,937 7,256 6,309 3,381 595 2,262 5,096 7,119 6,472 3,334 874 176 -159 137 -163 47 -279 24,916 25,157 -241- 24,916 25,157 3,030 5,243 8,051 5,933 3,614 718 2,956 5,165 8,079 6,095 3,539 931 26,589 26,765 26,589 26,765 4,634 5,821 8,439 6,331 3,761 712 4,611 5,671 8,392 6,355 3,823 1,017 29,698 29,869 29,698 29,869 2,926 6,959 7,134 6,832 3,791 767 2,827 7,079 7,357 6,885 3,691 1,066 -223 -53 -299 -115 -540 -251 -39 134 558 28,409 28,905 -496 -253 (1) (2) (3) (1) (2) (3) U) (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.............. 2,289 2,271 1,903 986 433 1,234 2,665 2,756 1,834 810 530 426 (7) Total of all maturities.... 9,116 9,021 Capital assets, liabilities. (9) Summary ((7) + (8))....... 205 116 (8) Aug. (3) Foreign exchange contracts 20/ Sold 2,691 2,541 1,826 999 521 326 (A) July. (2) Bought 2,162 2,275 2,010 924 539 1.111 (5) (6) May. Net (1) Demand/spot.............. (2) 3 days-1 month............ (3) Over 1 month-3 months..... U) Over 3 months-6 months.... (5) Over 6 months-1 year...... (6) Over 1 year............. (8) Apr. Balance sheet items Liabilities 9,321 9,137 1) Demand/spot............... 2) 3 days-1 month............. (3) Over 1 month-3 months...... 4) Over 3 months-6 months..... Over 6 months-1 year....... 6) Over 1 year............... 2,493 2,170 1,831 937 478 1,220 2,707 2,798 1,748 841 542 411 (7) 9,129 9,047 Total of all maturities.... (8) Capital assets, liabilities.. (9) Summary ((7) + (8))........ (1) (2) (3) (4) (5) (6) 194 114 9,323 9,161 Demand/spot........... 3 days-1 month........ Over 1 month-3 months... Over 3 months-6 months.. Over 6 months-1 year.... Over 1 year........... T ,5 9 T 2,345 1,782 923 489 1,344 T,85B" 2,693 1,874 926 606 417 (7) Total of all maturities. 9,479 9,364 (8) Capital assets, liabilities. 138 (9) Summary ((7) + (8))....... 223 9,702 9,502 (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......... . 2,600 2,413 1,812 999 581 1,320 2,814 2,833 1,840 985 547 463 (7) Total of all maturities.... 9,725 9,482 (8) Capital assets, liabilities. 206 155 (9) Summary ((7) + (8))....... 9,931 9,637 -376 -485 69 176 57 808 -214 -628 83 96 -64 809 -252 -348 ,-92 -3 -117 927 -214 -420 -28 14 34 857 171 -76 35 -40 6 -358 -342 219 -115 24 594 -95 80 78 -76 53 -46 92 -303 -446 -404 78 34 100 493 -145 -200 -644 206 13 -50 529 74 78 -28 -162 75 -213 -140 -550 55 23 150 47 -24 -62 -305 -229 -198 -45 -27 -179 622 -66 11 596 29 99 -120 100 51 28,409 -496 1 IS Sj** & January 1980 139 _____________ FOREIGN CURRENCY POSITIONS_________________ Section IX - United States Dollar Positions Abroad Table FCP-IX-1. - Nonbanking Firms’ Foreign Subsidiaries’ Positions (In millions of United States dollars) Forward exchange 8/ Short-term trade Position at end of month Liquid assets 2/ Short term debt 3/ Pay ables 5/ Other liabili ties 7/ (6) Bought (7) Net position 9/ Sold (9) (8) (3) (4) (5) Mar. 1979 7,228 4,213 11,465 14,408 20,206 22,937r 3,557 2,468 -l,570r June 1979 8,079r 6,891 13,863 21,853 22,922r 23,665 4,157 2,651 -6,039 (1) (2) Receiv able 4/ Other assets 6/ Table FCP-IX-2. - Weekly Bank Foreign Office Positions (In millions of United States dollars) Date Net assets and liabilities 12/ Net exchange contracts 13/ Net position (1) (2) (3) 3/07/79 3/14/79 3/21/79 3/28/79 -5,641 -6,315 -5,929 -5,654 5,913 6,405 6,099 5,881 272 90 170 227 4/04/79 4/11/79 4/18/79 4/25/79 -4,490 -5,059 -4,529 -4,658 5,073 5,637 5,076 5,228 583 578 547 570 5/02/79 5/09/79 5/16/79 5/23/79 5/30/79 -4,109 -4,585 -4,453 -3,752 -3,587 5,283 5,221 5,179 4,918 5,372 1,174 636 726 1,166 1,785 6/06/79 6/13/79 6/20/79 6/27/79 -4,046 -4,308 -4,615 -5,334 5,249 4,674 4,847 5,684 1,203 366 232 350 7/04/79 7/11/79 7/18/79 7/25/79 -5,350 -5,202 -5,621 -5,880 5,514 5,026 5,765 5,982 164 -176 144 102 8/01/79 8/08/79 8/15/79 8/22/79 8/29/79 -6,035 -5,640 -4,876 -3,377 -5,731 5,950 5,709 5,259 5,445 5,484 -85 69 383 2,068 -247 Footnotes at end of Table FCP-IX-3 Section IX - United States Dollar Positions Abroad Table FCP-IX-3. - Monthly Bank Foreign Office Positions 18/ % (In millions of United States dollars) Maturity of month Assets 19/ (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.......... 1979- Mar. Total of all maturities.... Capital assets, liabilities. 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))....... Net (2) (3) Bought (4) Foreign exchange contracts 20/ Sold Net (5) (6) -254 2,523 1,776 990 -583 407 -17,025r -ll,261r 13,857r 6,334r -3,160r ll,335r 80r 24,536r 46,219r 64,230r 36,787r 9,306r 15,541r 41,307r 60,003r 52,149r 31,443r ll,883r 4,613r -16,771r -13,784r 12,081r 5,344r -2,577r 10,928r 196,619r 201,398r -4,779r 111,407 106,548 4,859 70 22,977r 47,547r 60,452r 37,588r 9,484r JLflaflte. -193,23fa 74 970 Net overall position 21/ (7) 15,710 23,592 25,994 25,046 13,935 2,271 15,456 26,115 27,770 26,036 13,352 2,678 Summary ((7) + (8))....... Apr... Balance sheet items Liabilities -900 202,368r -5,679r 111.407 106,548 4,859 -820r 40,943r 56,403r 51,745r 31,651r 12,030r -17*966r -8,856r 8,707r 5,937r -2,546r -.lQ,566r,. 14,990 24,783 27,699 26,705 14,324 2.662 14,665 22,226 26,329 26,145 14,439 2.181 325 2,557 1,370 560 -115 481 -4.158 111,163 105,985 -17,641r -6,299r 10,077r 6,497r *2,661r 11.047r 1,020 197.394r 1.014 -940 198.408r -5,098 111,163 105,985 5,178 80 26,864r 49,402r 59,264r 39,493r 9,299r 14.773r 44,677r 57,383r 53,025r 32,126r 10,665r 4.597r -17,813r -7,981r 6,239r 7,367r -l,366r 10.176r 14,746 25,795 31,262 27,029 13,545 2.889 15,117 24,105 29,353 26,079 13,751 2.234 -371 1,690 1,909 950 -206 655 -18,184r -6,291r 8,148r 8,317r -l,572r 10.831r Total of all maturities.... 199.095r -2fi.M 7 3 jL, -3.378 ■■115,266 110.639 4.627 Capital assets, liabilities. Summary ((7) + (8))....... _ai_ 199,180r 1.249 -908 -4,286 115,266 110,639 4,627 341 Demand/spot.............. 3 days-1 month............ Over 1 month-3 months..... Over 3 months-6 months.... . Over 6 months-1 year...... . Over 1 year.............. . 29,401 51,108 57,713 44,178 10,250 14,825 53,376 60,296 50,867 32,994 9,942 4,932 -23,975 -9,188 6,846 11,184 308 9,893 17,909 23,790 32,281 26,979 13,661 2,970 18,032 21,963 30,631 26,091 13,684 2,310 -123 1,827 1,650 -23 660 -24,098 -7,361 8,496 12,072 285 10,553 Total of all maturities.... 207,475 212,407 -4,932 117,590 112,711 4,879 -53 Capital assets, liabilities. 76 970 -894 207,551 213,377 -5,826 117,590 112,711 4,879 -947 27,906 48,067 59,132 46,170 10,303 16,299 47,708 62,385 53,973 35,239 9,540 4,762 -19,802 -14,318 5,159 10,931 763 11,537 19,586 26,819 32,989 27,930 14,303 2,993 19,471 2^,395 31,892 26,888 13,917 2,250 207,877 115 2,424 1,097 1,042 386 743 -19,687 -11,894 6,256 11,973 1,149 12,280 213,607 -5,730 124,620 118,813 5,807 77 973 214,580 -891 -6,621 124,620 36,345 50,947 66,743 48,502 10,782 16,605 54,932 66,424 62,096 35,905 10,470 4,737 -18,587 -15,477 4,647 12,597 312 11,868 13,666 28,161 32,850 27,227 14,032 2,968 118,813 '"14,036 26,644 30,428 25,947 14,091 2,251 -57807 -370 1,517 2,422 1,280 -59 717 (7) Total of all maturities..... 229,924 234,564 -4,640 118,904 113,397 5,507 (8) Capital assets, liabilities. 104 1,145 -1,041 230,028 235,709 -5,681 Demand/spot.......... 3 days-1 month....... Over 1 month-3 months.. Over 3 months-6 months. Over 6 months-1 year... Over 1 year.......... May. Summary ((7) + (8))....... July. Demand/spot........... 3 days-1 month........ Over 1 month-3 months... Over 3 months- 6 months. Over 6 months-1 year.... Over 1 year........... 7) Total of all maturities... 8) 9) Capital assets, liabilities. Summary ((7) + (8))....... Aug.... (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.... ..... (9) Summary ((7) + (8))....... JJ^lOr 82~ 993 888 -891 -814 1 -13,960 7,069 13,877 253 12,585 ts 867 -1,041 118,904 113,397 5*507 -174 S. I- 141 January 1980 .FOREIGN CURRENCY POSITIONS. EP.Q-toQ-fceg 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 intracompany accounts, inventories, prepayments, long partnerships and subsidiaries. Excludes Includes receivables and installment paper which have been sold term trade receivables, long-term intracompany claims, or discounted before maturity, U.S. parent companies* and stocks, bonds, and other securities. investment in their majority-owned foreign subsidiaries, (plant fixed majority-owned foreign subsidiaries assets (plant and equipment) and capitalized and equipment) and parents' Fixed assets investment in are excluded. leases for plant and equipment. 7/ 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/ Columns (1),(3),(5), and (7) less columns (2),(4),(6), and (8). and liabilities on the last business day of the month of banks and banking institutions in the United States and their foreign branches and majority-owned subsidiaries. 10/ Representative rates on the report date. Canadian dollar and United Kingdom pound rates are expressed in 6/ U.S. dollars per unit of foreign currency, all others in Foreign branches and majority-owned subsidiaries only. foreign units Der 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 United In section X, foreign branches and majority-owned sub States and their foreign branches and majority-owned sidiaries only. partnerships and subsidiaries. In section X, positions 12/ Excludes capital assets and liabilities. 13/ Inoludes both spot and forward exchange contracts. 14/ Sum of columns (3) and (8). 15/ Sum of columns (4) and (9). 16/ Sum of columns (5) and (10). 17/ See footnote 10. 18/ See footnote 11. of foreign branches and majority-owned partnerships and subsidiaries only. 2/ Includes unsettled spot foreign exchange purchase con tracts, as well as deposits, negotiable and currency, other demand readily and time transferable financial instruments maturing in one year or less from the report date, and intracompany claims and loans to other parties repayable on demand. Other loans, accounts receivable, and unaccepted trade drafts are excluded. 19/ £/ Includes contracts, unsettled spot foreign exchange Fixed-rate loans are reported by time remaining to final sales maturity or the nearest call date, whichever is earlier, intracompany liabilities, other than short-term and floating-rate loans by time remaining to the nearest trade payables, short-term borrowings due in one year or interest-fixing date. less from the report date, and the current portion of long-term debt. Other loans, accrued expenses and 20/ V Due in one year or less; includes intracompany trade receivables. Receivables and installment paper sold or discounted before maturity are excluded. 5/ Due in one year or less; includes intracompany trade payables. Option forward exchange contracts are reported by time remaining to the nearest option exercise date. accounts payable are excluded. 21/ Sum of columns (3) and (6). r Revised. n.a. Not available. Treasury Bulletin 142 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) Export-Import Bank of the United States Fiscal year or month Repur chases 197 0 197 1 197 2 197 3 197 4 197 5 197 6 T.Q...... 1977,.... 197 8 197 9 Repur chases Farmers Home Administration Housing and Urban Development Dept. Government National Mortgage Association Sales Repur chases 1,668 2,005 2,430 3,324 2,172 6,415 4,247 1,070 5,445 9,407 10,375 569 287 574 284 1,105 1,524 1,148 414 2,083 3,355 2,026 2,300 1,501 1,232 6,963 1,592 2,118 938 1,473 Repur chases Small Business Administration Sales Veterans Administration Repur chases Repur chases 2,115 2,548 3,045 6,257 3,390 7,829 11,666 2,759 7,895 10,544 11,848 842 305 781 330 1,141 1,559 1,281 422 2,121 3,399 2,055 1978-Nov.. Dec.. 213 882 16 306 775 12 303 213 107 4 3 1979-Jan.. Feb.. Mar.. Apr.. May.. June. 1,016 736 838 1,233 1,160 1,169 81 12 15 12 14 16 690 715 825 905 1,160 1,150 78 10 12 9 12 14 326 21 13 328 3 2 3 3 2 2 July. Aug.. Sept. Oct.. Nov.. 1,510 1,180 1,135 1,090 780 522 512 520 506 512 1,605 1,180 1,135 1,090 780 521 510 518 506 512 445 * Less than $500,000. 406 269 248 145 21 21 160 261 4 187 20 3 2 104 30 19 38 244 368 488 209 163 294 96 333 12 12 19 25 30 32 29 6 36 198 43 28 1 1 1 January 1980 143 .CUMULATIVE TABLE OF C O N T E N T S February 1979 through January 1980 page numbers Issues and i 197Q Sections May Apr. Aug. Sept. Oct. Nov. Dec. VI VI VI 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 1 3 5 6 7 8 1 3 5 6 7 8 1 3 5 6 7 8 10 11 10 11 10 11 10 11 10 11 10 11 10 11 10 11 June July VI 1 3 5 6 7 8 10 11 Feb. Mar. VI VI VI VI 1 3 5 6 7 8 1 3 5 6 7 8 1 3 5 6 7 8 10 11 10 11 10 11 1980 Jan. Article: ' Federal fiscal operations: Investment transactions of Government accounts Selected accrual data reported by Federal 12 12 12 13 12 ... 12 12 Summary of internal revenue collections by 13 Account of the U.S. Treasury: Status of the Account of the U.S. Treasury.... Elements of changes in Federal Reserve and tax Gold assets and liabilities of the Treasury.... ... 14 13 14 12 13 13 16 13 13 14 15 14 18 21 19 13 21 17 20 17 17 18 19 18 19 20 22 23 20 21 14 15 22 23 18 19 21 22 18 19 18 19 19 20 20 21 19 20 21 24 22 16 24 20 23 20 20 21 22 21 22 25 23 17 25 21 24 21 21 22 23 22 17 18 19 25 26 27 21 22 23 24 25 26 21 22 23 21 22 23 22 23 24 23 24 25 22 23 24 Monetary statistics: Federal debt: Computed interest charge and computed interest rate on interest-bearing public debt....... Government account series.... .............. Interest-bearing securities issued by 22 23 24 25 26 27 23 24 25 . 25 26 28 29 26 27 20 21 28 29 24 25 27 28 24 25 24 25 25 26 26 27 25 26 27 27 28 30 30 31 28 28 29 22 22 23 30 30 31 26 26 27 29 29 30 26 26 27 26 26 27 27 27 28 28 28 29 27 27 28 29 32 30 24 32 28 31 28 28 29 30 29 ... 31 Maturity distribution and average length of Debt subject to statutory limitation......... Status and application of statutory limitation. Treasury holdings of securities issued by Government corporations and other agencies... Description of securities of Government corpo rations and other business-type activities 30 30 32 Public debt operations: Maturity schedule of interest-bearing public marketable securities other than regular weekly and 52-week Treasury bills outstanding. 31 32 34 35 36 37 26 27 34 35 34 35 33 34 30 31 34 35 31 32 32 33 35 36 35 38 40 30 38 38 37 34 38 34 35 38 37 40 42 32 40 40 39 36 40 35 36 39 40 44 46 37 45 45 44 41 45 40 41 44 49 New money financing through regular weekly Offerings of public marketable securities other than regular weekly Treasury bills........ Unmatured marketable securities issued at a premium or discount other than advance reAllotments by investor classes on subscription Disposition of public marketable securities other than regular weekly Treasury bills.... Foreign series securities (nonmarketable) issued to official institutions of foreign 45 49 51 41 50 50 49 46 50 45 46 48 52 54 44 53 53 52 49 53 47 48 51 51 55 57 47 56 56 55 52 56 50 51 54 63 68 71 61 71 71 70 67 71 62 63 66 64 67 Foreign currency series securities (nonmarke table) issued to official institutions of Foreign currency series securities issued to United States savings bonds: Sales and redemptions by series, cumulative.... Sales and redemptions by periods, all series 65 70 73 63 73 73 72 69 73 63 66 71 74 64 74 74 73 70 74 64 65 68 66 71 74 64 74 74 73 70 74 64 65 68 67 72 75 65 75 75 74 71 75 65 66 69 77 77 76 73 77 67 68 71 ... ... ... Sales and redemptions by periods, Series E Redemption of matured and unmatured savings 69 74 77 67 Sales and redemptions by denominations, Series 77 68 69 Sales by States, Series E and H combined..... 72 United States savings notes: 70 75 78 70 78 78 78 74 78 68 69 73 71 72 76 77 79 80 71 72 79 80 79 80 79 80 75 76 79 80 69 70 70 71 74 75 73 78 81 73 81 81 81 77 81 71 72 Ownership of Federal securities: Distribution by classes of investors and types Treasury survey - commercial bank ownership.... 77 85 ... 76 ... Treasury Bulletin 144 _____ CUMULATIVE TABLE OF CONTENTS---------February 1979 through January 1980-Continued Issues and page numbers 1980 1979 Sections Market quotations on Treasury securities: End-of-month closing quotations................ Chart - Yields of Treasury securities........... Average yields of long-term bonds: Average yields of long-term Treasury, corporate, and municipal bonds........................... Chart - Average yields of long-term Treasury, corporate, and municipal bonds................ Sept. Oct. Feb. Mar. Apr. May June July Aug. 81 84 83 86 85 88 77 80 85 88 85 88 89 92 81 84 85 88 85 87 89 81 89 89 93 85 89 Nov. Dec. Jan. 75 78 76 79 80 83 79 80 84 85 86 88 90 82 90 90 94 86 90 80 81 ... • •• ... 91 92 • •• ... ... ... 91 92 ••• ... ... 91 92 ... ... ... 86 87 ... ... ... ... ... ... 95 ... ... ... ... ... 87 89 93 83 91 93 96 87 93 81 82 88 88 90 94 84 92 94 97 88 94 82 83 89 89 91 95 85 93 95 98 89 95 83 84 90 90 91 92 93 96 97 86 87 94 95 96 97 99 100 90 91 96 97 84 85 85 86 91 92 92 94 98 88 96 98 101 92 98 86 87 93 Exchange Stabilization Fund: Balance sheet................ ................. National bank reports: Operating Income and Expense, and dividends of International financial statistics: U.S. reserve assets............................ U.S. liquid and other liabilities to foreign official institutions, and liquid liabilities U.S. liquid and other liabilities to official Nonmarketable U.S. Treasury bonds and notes issued to official institutions of foreign U.S. position in the International Monetary Fund. Weighted average of exchange rate changes for the dollar.............. ............. ....... Capital movements: Liabilities to foreigners reported by banks in the United States............................. Claims on foreigners reported by banks in the Supplementary liabilities and claims data re ported by banks in the United States........... Liabilities to foreigners reported by nonbanking business enterprises in the U.S............... Claims on foreigners reported by nonbanking business enterprises in U.S.................. Transactions in long-term securities by for eigners reported by banks and brokers in the Foreign Currency Positions: Summary....................................... Belgian Franc Positions..................... ^.. Canadian Dollar Positions...................... French Franc Positions......................... German Mark Positions.................... ..... Italian Lira Positions......................... Japanese Yen Positions......................... Swiss Franc Positions.......................... Sterling Positions.......................... . United States Dollar Foreign currencies acquired by the U.S. Govern ment without payment of dollar: Foreign currency transactions, summary and country uses.............................. . Foreign currency transactions, U.S. uses and 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 Federal Disability Insurance Trust Fund........ Federal Hospital Insurance Fund................ Federal Supplementary Medical Insurance Railroad Retirement Accounts................... Unemployment Trust Fund........................ Investments of specified trust accounts......... 95 97 101 91 99 101 104 95 101 89 90 96 100 102 106 96 104 106 109 100 106 94 95 101 107 109 113 103 111 113 115 106 112 100 101 107 108 110 115 105 113 115 117 108 114 102 103 109 112 114 119 109 116 118 120 111 117 105 106 112 118 120 125 115 119 121 123 114 120 108 109 115 128 129 131 133 135 137 138 140 142 130 131 133 135 137 139 140 142 144 135 136 138 140 142 144 145 147 149 125 126 128 130 132 134 135 137 139 129 130 132 134 136 138 139 141 143 131 132 134 136 138 140 141 143 145 133 134 135 137 139 141 142 144 146 124 130 ... 131 133 135 137 138 140 142 118 125 127 129 131 132 134 136 119 121 123 125 126 128 130 119 ... 120 122 124 126 127 129 131 i26 128 130 132 133 135 137 144 146 151 141 145 147 148 138 144 132 133 139 ••• ... ,,, ... ... 137 ... ... ... ... 151 ... 152 138 155 ;;; ;;; 154 ... 152 ... ••• ••. 189 187 144 148 149 191 ••• 187 ... 141 142 147 ... 135 139 140 148 145 ... ••• 188 ... 136 ••« 149 150 152 146 147 149 ... ••• 189 190 192 ... 137 138 140 ... ... ... 150 151 152 154 155 ... ... ... ... ••• ••• ••• • •• ... ... 193 194 195 197 198 ... ... ... ... ••• 141 142 143 145 146 •.. •.. ... ... ... 150 147 153 154 155 157 158 230 ;;; ;;; ... ... ... ... ... ... ... ... ... ... ... 125 ... ••• ☆ U.S. GOVERNMENT PRINTING OFFICE: 1980 0-311-623/10 142 ... •». ... 88A