Full text of Treasury Bulletin : July 1975
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The Treasury Bulletin
is
for sale by the
Superintendent of Documents,
U.S. Government Printing Office, Washington, D.C. 20402
Subscription per year $55.15 domestic, $68.95 foreign.
Single copy price varies.
Treasury Bulletin
July 1975
DEPARTMENT OF THE TREASURY
WASHINGTON.
OFFICE OF THE SECRETARY
D.C.
July 1973
CONTENTS
Treasury Financing Operations
V
FEDERAL FISCAL OPERATIONS
Summary of Fiscal Operations
1
Budget Receipts by Source
3
Budget Receipts by Source
5
Budget Outlays by Agency
6
Undistributed Offsetting Receipts
7
Budget Outlays by Function
8
Investment Transactions of Government Accounts in Federal Securities(Net)
10
Trust Funds Transactions
11
Detail of Excise Tax Receipts
12
FEDERAL OBUGATIONS
Gross Obligations Inciirred Within and Outside the Federal Government by Object Class...
15
Gross Obligations Incurred Outside the Federal Government by Major Function and Major
Object Class
15
Gross Obligations Incurred Outside the Federal Government by Department or Agency
16
Gross Obligations Incurred Outside the Federal Government, Comparative Statement
by Months
17
ACCOUNT OF THE
U.S. TREASURY
status of the Account of the U.S. Treasury
18
Analysis of Changes in Tax and Loan Account Balances
19
Gold Assets and Liabilities of the Treasury
20
«
MONETARY STATISTICS
Money in Circulation
21
FEDERAL DEBT
Summary of Federal Debt
22
Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt....
22
Interest -Bearing Public Debt
23
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt....
23
Government Account Series
24
Interest-Bearing Securities Issued by Government Agencies
25
Participation Certificates
26
Debt Subject to Statutory Limitation
27
Status and Application of Statutory Limitation
28
Treasury Holdings of Securities
29
Description of Securities of Government Corporations and Other Business-Type Activities
Held by the Treasury
30
Treasury Bulletin
//
CONTENTS
PUBLIC DEBT OPERATIONS
PDO-l.
Matiority Schedule of Interest -Bearing Marketable Public Debt Securities
34
PDO-2.
Offerings of Treasury Bills
35
PDO-3.
New Money Financing through Regular Weekly Treasury Bills
38
PDO-4.
Offerings of Public Marketable Securities
41
PDO-5.
Unmatured Marketable Securities Issued at a Premium or Discoxmt
44
PDO-6.
Allotments by Investor Classes on Subscriptions for Public Marketable Securities..,,
47
PDO-7.
Disposition of Public Marketable Securities
49
PDO-8.
Foreign Series Securities
52
PDO-9.
Foreign Currency Series Seciorities
63
UNITED STATES SAVINGS BONDS
SB-1.
Sales and Redemptions by Series, Cumulative
65
SB -2,
Sales and Redemptions by Periods, All Series Combined
65
SB-3.
Sales and Redemptions by Periods, Series E through K
66
SB -4,
Redemptions of Matured and Unmatured Savings Bonds
68
UNITED STATES SAVINGS NOTES
SN-1.
Sales and Redemptions by Periods
69
OWNERSHIP OF FEDERAL SECURITIES
OFS-1,
Distribution of Federal Secior Ities
70
OFS-2.
Estimated Ownership of Public Debt Securities
71
TREASURY SURVEY OF OWNERSHIP
TSO-1.
Summary of Federal Securities
72
TSO-2.
Interest -Bearing Marketable Public Debt Securities by Type and Maturity Distribution
73
TSO-3.
Interest-Bearing Marketable Public Debt Securities by Issue
73
TSO-^.
Securities Issued by Government Agencies
75
TSO-5.
Securities Issued by Government -Sponsored Agencies and D.C
76
MARKET QUOTATIONS ON TREASURY SECURITIES
MQ-1.
Treasury Bills
80
MQ-2.
Treasury Notes
80
MQ-3.
Treasury Bonds
81
Chart
Yields of Treasury Securities
82
AVERAGE YIELDS OF LONG-TERM BONDS
AY-1.
Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds
83
Chart
•Average Yields of Long-Term Treasury, Corporate, and Mxmicipal Bonds
84
July 1975
III
CONTENTS
EXCHANGE STABILIZATION FUND
ESF-l.
-
Balance Sheet
85
ESF-2.
-
Income and Expense
86
INTERNATIONAL FINANCIAL STATISTICS
Reserve Assets
IFS-l.
- U.S.
IFS-2.
- U.S.
IFS-3.
- U.S.
IFS--4.
-
IFS-5.
- U.S.
Position in the International Monetary Fund
91
IFS-6.
- U.S.
Net Monetary Gold Transactions with Foreign Countries
91
IFS-7.
-
87
Liquid and Nonliquid Liabilities to Foreign Official Institutions, and Liquid
Liabilities to All Other Foreigners
88
Liquid and Nonliquid Liabilities to Official Institutions of Foreign Countries,
by Area
89
Nonmarketable U.S. Treasury Bonds and Notes
90
Weighted-Average of Exchange Rate Changes for the Dollar
92
CAPITAL MOVEMENTS
LIABILITIES TO FOREIGNERS REPORTED BY BANKS - U.S.
CM-I-1.
-
Short-Term Liabilities by Type of Foreign Holder
95
CM- 1-2.
-
Short-Term Liabilities by Type of Liability
95
CM- 1-3.
-
Short-Term Liabilities by Country
93
CM-I-/i,
- Short-Term Liabilities,
CM- 1-5.
-
Short-Term Liabilities, Not Regularly Reported Separately
CM- 1-6.
-
Long-Term Liabilities by Type
CM- 1-7.
-
Long-Term Liabilities by Country
CM-II-1.
-
Short-Term Claims by T^pe
CM-II-2,
-
Short-Term Claims by Country
CM-II-3
- Short-Term Claims
by Type and Country
,
,
101
,.
CLAIMS ON FOREIGNERS REPORTED BY BANKS
.
99
100
-
102
U.S.
103
._
by Type and Country
10/i
IO5
CM-II-4..
-
Long-Term Claims by Type
106
CM- II- 5.
-
Long-Term Claims by Coimtry
IO7
CM-II-6,
-
Long-Term Claims, by Type and Country
108
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CM-III-1. - Liabilities by Type
109
CM-III-2. - Short-Term Liabilities by Coimtry
110
CM-III-3. - Short-Term Liabilities, by Type and Country
Ill
CM-III-^. - Long-Term Liabilities by Country
112
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CWHV-1.
-
Claims by Type
113
CM-IV-2.
-
Short-Term Claims by Country
11-4
CM-IV-3.
- Short-Term Claims,
by lype and Country
115
IV
Treasury Bulletin
CONTENTS
CM-IV-^.
-
Short-Term Liqiiid Claims Reported by Large Nonbanking Concerns, by Typp
116
CM- IV- 5.
-
Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
116
CM-IV-6.
-
Short-Term Liquid Claims Reported by Large Nonbanking Concerns, by Type and Country
117
IV- 7 .
-
Long- Term Claims by Country
118
Ci/^
TRANSACTIONS IN LONG- TEEM SECURITIES BY FOREIGNERS
.
-
Foreign Purchases and Sales of Long-Term Domestic Securities
119
CM-V-2,
-
Foreign Purchases and Sales of Long-Term Foreign Securities
119
CM-V-3.
-
Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country
120
CM-V-,4.
-
Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country
121
CM-V-5.
-
Net Foreign Transactions in Long-Term Domestic Bonds
122
CM-V-6,
-
Net Foreign Transactions in Domestic Stocks by Country
123
CM-V-7.
-
Net Foreign Transactions in Long-Term Foreign Bonds by Country
12'+
CM-V-8,
-
Net Foreign Ti-ansactions in Foreign Stocks by Country
125
CM-V-9.
-
Foreign Purchases and Sales of Long-Term Securities, Latest Date
'-26
CM-V-10,
-
Foreign Purchases and Sales of Long-Term Securities, Latest Year
127
CM-V-1
FOREIGN CREDIT AND DEBIT BALANCES IN BROKERAGE ACCOUNTS
CM-VI-1.
-
Foreign Credit Balances (Due to Foreigners)
128
CM-VI-2.
-
Foreign Debit Balances (Due from Foreigners)
129
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
GOVERNMENT CORPORATIONS AND OTHER BUSINESS- TYPE ACTIVITIES
FEDERAL CREDIT PROGRAMS
GA-II-1.
- Direct Sales and
Repurchases of Loans
,
Cumulative Table of Contents
Note:
Details of figures may not add to totals because of rounding.
130
131
July 1975
Treasury Financing Operations
Auetion of 2-vear Notes
which $1.75 billion
On June 11 the Treasury announced that it would sell to
the public at auction, under competitive and noncompetitive
to $2.0 billion
bidding, up
of Treasury
Series
Notes of
due June 30, 1977, with
J -1977, to be dated June 30, 1975,
petitive tenders for
accepted in full
A coupon rate of 6-1/2% was
after the
determination as to which
on a yield basis,
set
tenders were accepted
the average of which produced a price of
100.000 or less.
allotted to the public, $20
were allotted at the average price to
Government accounts and Federal Reserve banks for themselves
and as agents of foreign and international monetary author-
1: 30 p.m.
,
EDST,
totaled $2.6 billion from the public of which
Tenders were received
100.000 up to 6.69%, price 99.650.
D. C.
Noncompetitive
tenders
from the public were accepted in full
or less
Bearer notes, with Interest coupons
ized to
These totaled $0.2 billion.
$100,000
banks
Reserve
at Federal
the Bureau of the Public Debt,
and at
and
Washington,
attached
,
and
as to principal and interest were author-
notes registered
at the average yield of accepted tenders, 6.61%, price 99.797.
In addition
These totaled $0.2 billion.
In addition to the amount
branches
$500,000
from
Noncom-
at the average yield of accepted tenders,
million of the notes
$2.0 billion was accepted at yields ranging from 6.50^, price
for
ranging
price 99.664.
ities.
Tenders for the notes were received until
June 17, and
at yields
7.85%,
$500,000 or less from the public were
7.83%, price 99.731.
interest payable semiannually on June 30 and December 31 in
each year until maturity.
was accepted
100.034 up to
7.74%, price
be issued
in
denominations of
$10,000,
$5,000,
and $1,000,000.
to the amount allotted to the public, $0.2
billion of the notes
were allotted at the average price to
Government accounts and Federal Reserve banks for themselves
52-Week Bills
On June 18
tenders were invited
from the
public for
and as agents of foreign and international monetary author-
$1,430 million, or thereabouts, of 364-day Treasxn-y bills to
ities.
be dated July 1, 1975 , and to mature
Tenders were
were opened on June 24.
received
at Federal
Reserve
banks and
public, of
branches and at the Bureau of the Public Debt,
D.
registered as to principal and interest were authorized to be
issued
in denominations
Tenders
which $1,433 million was accepted including $65
Washington,
Bearer notes, with interest coupons attached, endnotes
C.
June 29, 1976.
They totaled $2,163 million from the
million of noncompetitive tenders.
An additional $1,158 mil-
lion of the bills were issued at the average price to Government accounts and Federal Reserve Banks, for themselves and
of $5,000, $10,000, $100,000
and
as agents of foreign and international monetary authorities.
$1,000,000.
The average bank discount rate was 6.292 percent.
The issue
Auction of <^-year Notes
was to raise cash and to refund $1,802 million of bills maOn June 18 the Treasury announced that it would sell to
turing July
1.
the public at auction, under competitive and noncompetitive
bidding, up to $1.75 billion of Treasury Notes of Series E1979, to be dated July 9, 1975, due June 30, 1979, with in-
terest payable on a semiannual
basis on December 31, 1975,
and thereafter on June 30 and Deceinber 31.
7-3A% was
set after the
A coupon rate of
determination as to which tenders
13-Week and 26-Week Bills
Issues of regular weekly Treasury bills in June totaled
$19.7 billion.
change for bills
There were
These issues were offered for cash and in ex--
maturing in the
two 13-week issues
amount of $20.0 billion.
of $2.2 billion and one 13-
were accepted on a yield basis, the average of which produced
week issue each of $2.6 billion and $2.8 billion.
a price of lOO.OOQor less.
two 26-week issues of $2.3 billion and one 26-week issue each
Tenders for the
notes
EDST, June 25, and totaled
vi.=re
received until
1:30 p.m.,
$5.4 billion from the public of
of $2.6 billion and $2.7 billion.
There were
Average rates for the new
issues are shown in the following table.
VI
Treasury Bulletin
Treasury Financing Operations— Continued
Date of issue
July 1975
.FEDERAL FISCAL OPERATIONS^
Table FFO-1.
-
Summary
of Fiscal Operations
(In millions of dollars)
Treasury BuUetm
.FEDERAL FISCAL OPERATIONS.
Footnotes to Table FFO-1
Monthly Statement of Receipts and Outlays of the U.S. GovernSource:
Revised Budget estimates based on the Mid-Session review of the
ment.
1976 Budget, released May 30, 1Q75, are not available in the necessary
detail, except for total Net Budget receipts, outlays, and deficit.
Budget estimates are based on the 1976 Budget of the U.S. Government,
released Feb. 3, 1975, the latest available.
1/ See Table VVO-2.
2/ See Table FFO-3.
As of July 31, 1974, public debt outstanding has been adjusted to exclude the notes of the International Monetary Fund to conform with
the budget presentation.
See Table FFO-6.
5/ Current fiscal year to date transactions through June 30, 1974, are
on the Daily Statement of the U.S. Treasury clearance date basis and
are converted to accounting date basis at June 30 (final) only.
Prior fiscal year amounts include transactions in transit as of Jxine
For amounts in transit see Table FFO-10 in the October 1974
30.
Bulletin.
6/ As of July 1974, balances shown under "Within general account of the
U.S. Treasury" are now presented in columns 9, 11, and 13.
2/
8/
2/
M/
y
Represents holdings of special drawing rights, less certificates
issued to Federal Reserve banks.
Represents activity of the International Monetary Fund.
Includes: public debt accrued interest payable to the public, deposit
funds, miscellaneous asset and liability accounts, and as of July
1974, the gold balance.
Includes: Seigniorage; Increment of gold; fiscal 1969 conversion of
certain corporations to private ownership; fiscal 1970 reclassification
of Commodity Credit Corporation certificates of interest; fiscal 1974
conversion of interest receipts of Goverment accounts to an accrual
basis; and net outlays of off -budget Federal agencies Export-Import
Bank since August 17, 1971, 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 since August 22, 1974, and Pension Benefit Guaranty
Corporation since September 17, 1974).
For detail, see Table FD-6.
Revised.
Not available.
t
11/
July 1975
.FEDERAL FISCAL OPERATIONS.
Table FFO-2.
Budget Receipts by Source
-
(In millions of dollars)
Income taxes
Fiscal year
or month
Net
budget
receipts
individual
Corporation
Net
"inrome
Net
taxes
1/
19b6
1967
1968
1969
1970
1971
1972
iq73
1974
1975 (Est.)...
1976 (Est.)...
130,856
149,552
153,671
187, 784
193,743
188,392
208,649
232,225
264,932
42,811
50,521
57,301
70,182
77,416
76, 490
83,200
9S.093
112,092
13,436
18,850
20,951
27,258
26,236
24,262
25,679
27, 019
30,812
9,527
10,191
13,240
14,522
14,143
21,866
23,952
280,963r
298,993r
121,673r
119,124r
34,100r
33,881r
34,125r
31,680r
19,240r
31,259
10,086r
10,615
1,204
4,077
5,651
462
20,939
23,620
28,377
19,633
22,292
24,946
10,227
10,223
9,755
10,106
10,638
10,428
957
491
4,323
561
305
461
378
229
130
78
111
Mar
Apr
May
25,020
19,975
20,134
31,451
12,793
10,253
10,964
9,624
9,558
10,300
5,366
1,046
2,661
12,766
819
4,264
8,152
6,253
12,749 2/
Fiscal 1975 to
date
24°, 180
112,076
29,756
32,569
'1974-May
June
July
Aug
Sept
Oct
Nov
Dec
1975-Jan
Feb
5,851
7,845
90
132
55,446
61,526
68,726
87,249
90,412
86,230
94,737
103,246
30,834
34,918
29,897
38,338
35,037
30,320
34,926
39,045
U8,952
121,648r
121,325r
a,744
761
946
1,232
1,660
2,208
3,535
2,760
2,893
3,125
30,073
33,971
28,665
36,678
32,829
26,785
32,166
36,153
38,620
85,519
95,497
97,390
123,927
123,241
113,015
126,903
139,398
157,571
46,00Qr
41,800r
5,000r
4,000r
41,000r
37,800r
162,648r
159,125r
U,231
1,318
9,269
218
237
1,100
9,033
6,739r
23,263
10,806
10,485
13,947
10,590
10,832
10,799
1,796
1,084
6,082
1,717
1,111
6,458
310
256
435
1,485
828
5,647
1,206
797
6,268
12,291
11,313
19,594
11,795
11,629
17,067
15,487
7,747
4,134
16,065
-1,630
1,745
1,275
7,228
5,819
1,192
18
1,188
778
6,579
5,093
1,174
16,676
8,525
10,713
21,159
-456
4,462
31,044
140,307
5,639r
109,263
511
314
190
557
496
649
726
Treasury Bulletin
4
.FEDERAL FISCAL OPERATIONS.
Table FFO-2.
-
Budget Receipts by Source— Continued
July 1975
.FEDERAL FISCAL OPERATIONS.
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Treasury Bulletin
.FEDERAL FISCAL OPERATIONS
Table FFO-3.
(
Fiscal year
or month
Legislative
branch
1966
1967
1968
1969
1970
1971
1972
1973
197A
181
240
255
277
1975 (Est.)....
1976 (Est.)....
26
28
28
31
36
47
540
625
743r
882
308
342
109
76
384
487
197A-May
June
52
37
July
Aug
Sept
Oct
67
68
42
8S
Nov
Dec
60
Fiscal 1975 to
date
Executive
Office
of the
FTesident
76
86
91
109
128
142
173
183
205
3«
1975-Jan
Feb
Mar
Apr
May
The
judiciary
58
46
59
61
41
52
042
1
40
IS
18
16
22
20
18
1°
-1
53
44
55
49
75
6r
Funds appropriated
to the
President
4,385
4,872
4,913
4,967
4,774
4,540
4,269
3,733
4,015
j,.9l4r
6,610
-
Budget Outlays by Agency
Ln millions of dollare
Defense iepartment
Agricul-
Comioerce
ture De-
Department
partment
Military
Civil
Health,
Education,
4 Welfare
Department
Housing &
Urban Development
Department
Interior
Department 1/
Justice
Department
Labor
Department
July 1975
.FEDERAL FISCAL OPERATIONS.
Table FFO-4.
-
Undistributed Offsetting Receipts
(Iji
millions of dollars)
8
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS^
July 1975
FEDERAL FISCAL OPERATIONS
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Treasury Bulletin
10
.FEDERAL FISCAL OPERATIONS.
Table FFO-6.
-
Investment Transactions of Government Accounts
(In millions of dollars)
1
in
Federal Securities (Net)
July 1975
11
.FEDERAL FISCAL OPERATIONS,
05
J3
3
O
I—
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13
C
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12
Treasury Bulletin
.FEDERAL FISCAL OPERATIONSTable FFO-9.
-
Tax Receipts
Detail of Excise
[In thousands of dollars)
Fiscal Year
Third quarter of fiscal year
Type of Tax
Alcohol taxes 2/
Distilled spirits
Wines
Beer
1975 1/
1974 1/
1Q72 1/
1973 1/
197^ 1/
3,760,915
181,223
1,167,863
3,755,516
191,025
1,202,073
3,913,971
173,515
1,265,990
5,110,001
5,14". 513
5.358,477
54,173
2,151,158
1,942
53,794
2,221,019
2,137
51,581
2,383,038
2,337
11,265
571,111
614
11,884
531,627
792
2,207,273
2,276.951
2,437.005
582,991
544,303
41
13
827,256
6,049
519,699
120,604
1,020,477
25,813
196,771
-5,094
119,071
30,155
1,012,606
22,366
165,428
-198
138,038
31,411
40
9,100
2,706
2,850
18,259
3,976
4,819
26,391
20,863
6,203
2,846
2,876
12,130
23,402
18,066
-24
5,728,657
5,395,750
,742,154
1,402,928
1,386,053
Jan. -Mar. IQ74
Jan. -Mar. 1975
:
Total alcohol taxes
Tobacco taxes
Cigars
Cigarettes
Other J/
903,970
46,827
289,214
1,240,011
2/
:
Total tobacco taxes
Doeiimentary and certain other stamp taxes
^/
259
Manufacturers' excise taxes
Gasoline
Lubricating oil, etc
Tires, tubes, and tread rubber _5/
Passenger automobile chassis, bodies, etc. 6/
Trucks and buses, chassis, bodies, etc,
6/
Parts and accessories for automobiles, trucks, etc 7/
Radio and television sets, phonographs, components, etc.
:
^
^
,
8/
3,741,160
95,474
681,320
563,223
497,138
94,099
8
Refrigerators, freezers, air- conditioners, etc, 9/;
Electric, gas, and oil appliances 3/
Pistols and revolvers
Phonograph records 8/
Musical instruments 8/
Sporting goods (other than fishing rods, creels, etc.) 3/
Fishing rods, creels, etc
Business and store machines 8/
Electric light bulbs and tubes 10/
Firearms (other than pistols and revolvers) 11/
Shells and cartridges 1 1 /
Mechanical pencils, pens, and lighters^
Matches 8/
Total manufacturers' excise taxes
Reta_i l_er5'
943,900
43,264
287,540
excise taxes
3,927,535
103,094
814,042
-83,241
461,353
107, 489
.037,669
105,723
1
231
-41
7,563
-37
-25
-2
13,023
-17
23,641
8,332
-5
15,539
-66
4
1
5,857
:
Furs 3/
Jewelry, etc 3/
Luggage etc , 8/
Toilet preparations _8/
Noncommercial aviation gasoline 12/
Noncommercial aviation fuel other than gasoline 1^/
Diesel and special motor fuels _5/ I4/
8,838
19,381
298,608
10,246
23,613
334.473
10,877
31,955
373,414
2,436
6,742
95,001
2,951
6,574
100,538
Total retailers
326,833
368,372
a^, 244
104,179
110,062
-18
-81
-37
1,650,499
-120
-29
-60
1,885,228
-50
-4
*
6
-2
2
1,392,731
475,094
481,554
515,269
29,455
42,271
579,167
37,214
44,548
659,177
41,931
56,908
160,507
10,245
13,428
182,631
13,031
11,749
37
37
115,752
113,616
120,006
29,265
23,553
466
257
188
75
26
6,571
107
6,451
20,786
234
20
1,712
4,457
361
4,315
20,375
7,286
376
5,553
19,293
49
1,504
4,661
157.279
183,517
198,462
34,936
38,577
4
161
12
179
68,965
14,650
232
63,328
16,914
33
-1
52
279
4,732
4
9
26
.
,
'
excise taxes
Miscellaneous excise taxes
Admissions to theaters, concerts, etc. 15/
Admissions to cabarets, roofs gardens, etc 15/
Club dues and initiation fees 1 6/
Telephone and teletypewriter exchange service 17/
Transportation of:
Persons by air 18 /
Property by air 19/
Use of international air travel facilities 20 /
Coconut and other vegetable oils processes 21/'
Sugar
Narcotics and marihuana, Including occupational taxes
22/
Coin-operated aimjsement devices - bowling alleys, pool
tables, etc. 23/
Coin-operated gaming devices
Wagering occupational tax
Wagers
Use tax on civil aircraft 2^/
Use tax on highway motor vehicles having a "taxable
gross weight" exceeding 26,000 pounds 5/
Adulterated butter and filled cheese (imported and
domestic), process or renovated butter and imported
oleomargarine 25/
Firearms transfer and occupational taxes
Interes t equalisation 26/
Foreign insurance
:
Footnotes at end of table.
19
14,847
343
71,885
15,725
-
''O
-17
1
3
24,795
3,934
—
13
July 1975
J'EDERAL FISCAL OPERATIONSL
Table FFO-9.
-
Detail of Excise
Tax Receipts-Continued
(In thousands of dollars)
Fiscal Year
Type of Tax
Miscellaneous excise taxes - continued
private foundations , total
Net investment income 27/
Self dealing 28/
Excess business holding 22/
Taxable expenditures 30/
Failure to file certain information returns 31/
Assessable penalties with respect to annual report. 22/
Failure to d istribute income 33/
Investments which jeopardize charitable purposes 2A/
Assessable penalties liability under chapt. 42
Total miscellaneous excise taxes
!'
]
1972 1/
1973 1/
US
76,853
76,617
Total received with returns and from sales of stamp'S
Total excise taxes
1/'
:
56,
56,045
45
13
7
1
34
46
160
16
8
3,041,507
16,067,705
16,232,137
''"9.330
3
8
94
2,694,682
16,347,036
70,256
69,802
229
78
51
•
Unclassified excise taxes
1974
340,181~
16,572,318
3
Treasury Bulletin
14
.FEDERAL OBLIGATIONS.
"Obligations"
are
the basis on which the use of funds
is controlled in the Federal Government.
They are recorded
at the point at which the Government makes a firm commitment
to
of categories which are based upon the nature of the transaction without regard to its ultimate purpose.
and wages, for example,
for salaries
are
All payments
reported as per-
acquire goods or services and are the first of the four
sonnel compensation, whether the personal services are used
— which
in current oi)erations or in the constiniction of capital items.
key events--order,
delivery,
payment,
consumption
characterize the acquisition and use of resources.
In gen-
eral, they consist of orders placed, contracts awarded, ser-
Federal agencies
and firms often do business with one
vices received, and similar transactions requiring the dis-
another; in doing so, the "buying" agency records obligations,
bursement of money.
and the "performing" agency records reimbursements.
In Table
FO-1, obligations that are incurred within the Government are
The obligational stage of Government transactions is a
strategic point
in
gauging the
impact of the Government's
distinguished
from those incurred outside
Tables FO-2, 3,
the
Government.
show only those incurred outside.
ajid U
operations on the national economy, since it frequently represents
for
business firms the Government commitment which
stimulates business investment, including inventory purchases
and employment of labor.
Disbursements
may not occur for
months after the Government places its order but the order
itself usually causes
inmediate
pressiore
on
the
first
Bulletin
the trust fund accounts were first published in
ajid
the October
1967 Bulletin.
Bulletin, the data are
adopted pursuant
are
published in the September I967 Treasury
counts were
private
economy.
Cfbligations
Obligation data for the administrative budget fund ac-
classified according to a uniform set
to
on
Beginning with
the April I968
the basis of the budget concepts
the recommendations of the President's
Commission on Budget Concepts.
July 1975
15
.FEDERAL OBUGATIONS.
Table FO-1.
-
Gross Obligations Incurred Within and Outside the Federal Government by
Object Class, February 28, 1975
(In millions of dollars)
Gross obligations incurred
Object class
Personal services and benefits
Personnel compensation
Personnel benef i ts
Benefits for former personnel
2,133
Contractual sejrvices and supplies
Travel and transportation of persons
Transportation of things
Rent, conuminications, and utilities
Printing and reproduction
Other services
Suppli es and materials
.'
Acquisition of capital assets
Equipment
Lands and structures
Investments and loans
Grants and fixed charges
Grants, subsidies, and contributions
Insurance claims and indemnities
Interest and dividends
Refunds
Other
Undistributed U.S. obligations
Obligations incurred abroad
Unvouchered
,
Gross obligations incurred 1/
Reports on Obligations, Standard Form 225, from agencies.
For Federal Budget presentation a concept of "net obligations
inciirred" is generally used.
This concept eliminates transactions
within the Government and revenue and reimbursements from the public
which by statute may be used t^ Government agencies without appropriation action by the Congress. Summary figures on this basis
follow.
(This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget
Source:
1/
Treasury Bulletim
16
.FEDERAL OBUGATIONS.
B
17
July 1973
.FEDERAL OBUGATIONS.
<u
c
cc
OS
u
a
a.
E
o
O
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 working cash of the Treasury is held mainly in
Treasury, banks are permitted to deposit in these accounts
'Treasury's accounts with Federal Reserve banks and branches.
proceeds from subscriptions to public debt securities entered
As the balances in these accounts become depleted, they are
for their own account as well as for the account of their
restored by calling in (transferring) funds from the tax and
customers.
loan accounts with thousands of commercial banks throughout
the country.
Deposits to tax and loan accounts occur in the normal
course of business under a uniform procedure applicable to all
whereby customers of banks deposit with them tax pay-
bankr.
ments and funds for the purchase of Government securities.
In most cases the transaction involves merely the transfer of
jraoney
(the
from a customer's account to the tax and loan account in
same bank.
The tax and loan account system permits the Treasury to
leave funds in banks and in the communities in which they arise
On occasions, to the extent authorized
Table UST-1.
-
"by
the
until such time as the Treasury needs the funds for its operations.
In this way the Treasury is able to neutralize the
effect of its fluctuating operations on bank reserves and the
economy.
A detailed description of the Treasury's depositary system
may be found in the Annual Report of the Secretary of the
Treasury for 1973, pages 282-285.
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
Federal
Reserve
banks
Special
deposits I'ies,
Treasury tax
and loan
accounts
1966
1967
1968
1969
1970
1971
1972
1973
1974
766
1,311
1.074
1,258
1,005
1,274
2,344
4,038
2,919
10,050
4,272
4,113
4,525
6,92Q
7,372
7,634
8,433
6,152
19 73- Deo.
2,543
7,760
1974 -June.
2,919
6,152
July.
Aug..
Sept.
Oct.
Nov
Dec
3,823
.
.
1975- Jan..
Feb..
Mar..
Apr,
May.
June.
Other
depositaries 2/
139
106
70
Funds In process
of collection
through:
Federal
Reserve
banks
Other
depositaries 2/
Time deposits
and other
depositary
accounts
Coin,
currency
and coinage
m-^tal
Miscellaneous
items
Gold
ba3;ence
V.
Balance in
account of
the U.S.
Treasury
19
July 1973
ACCOUNT OF THE
Table UST-2.
-
U.S.
TREASURY
Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
20
Treasury Bulletin
ACCOUNT OF THE
Table UST-3.
-
U.S.
TREASURY,
Gold Assets and Liabilities of the Treasury
fin millions of dollars except ounces)
Gold assets 1/
Ctold
End of calendar year or month
Balance of gold in
U .S
Treasury account 2/
liabilities 2/
.
C^jnce
i/
rollarE
1966
1967
1968
1969
1970
1971
1972
1973
1974
375 974 390.9
342 331 278.6
296 199 ,012.3
296 ,202 ,494.6
306 ,630 ,399.9
289 ,490 ,759.6
273 ,950 ,419.3
273 ,954 ,660.5
273 ,949 ,698.8
13,159
11,982
10,367
10,367
10,732
10,132
10,410
11,567 2/
11,567
13,041
11,870
10,256
10,256
10,623
10,019
10,303
11,460
11,460
118
112
111
112
109
113
107
107
106
1973-Dec
273 954 660.5
11,567
11,460
107
1974- June
273,949,698.8
11,567
11,460
106
July
Aug
273,949,698.8
273,949,977.1
273,948,796.4
273,948,798.0
273,948,663.1
275,968,413.9
11,567
11,567
11,567
11,567
11,567
11,652
11,460
11,460
11,460
11,460
11,460
11,652
106
106
106
106
106
275,564,382.4
275,233,866.2
275,211,722.2
275,211,728.1
275,211,747.5
275,207,393.2
11,635
11,621
11,620
11,620
11,620
11,620
11,635
11,621
11,620
11,620
11,620
11,620
Sept
Oct
Nov
Dec
1975-Jan
Feb
Mar
Apr
May
June
V
I
Circulation Statement of United States \foney through 1965;
Daily Statement of the United States Treasury thereafter.
Consists of:
Ciold 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
September 19, 1965 through February 15, 1972; redemption fund for
Federal Reserve notes until March 18, 1968 when it was combined with
the gold certificate fund pursuant to P.L. 90-269, approved March 18,
1968, and gold reserve against U.S. notes until March 18, 1968 when
it was transferred to the public debt also pursuant to P.L. 90-269.
As of recember 9, 1974, gold certificates have been Issued to the
Federal Reserve against all of the gold owned by the United States
Government. Repeal to the Gold Clause Joint Resolution (31 USC 463)
became effective December 31, 1974. Pursuant to this, bids ranging
Source:
1/
2/
from $153 to $185 per ounce were accepted for the deliveiiy of 756,862
ounces, to be delivered in January and February 1975. Redemptions
of Gold Certificates have been made to .the same extent as deliveries
computed at the official price of $42.22, according, the affirmed
value of Gold Assets and Gold Certificates will agree.
figures prior to December 1974 exclude gold held by the Exchange
Stabilization Fund. On December 9, 1974, Treasury acquired all gold
held by the Exchange Stabilization Fund in the amount of 2,019,751
fine troy oxinces. See "International Financial Statistics," Table
IFS-1.
Gold assets were valued at $38 per fine troy ounce until 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.
I
2/
^
..,
July 1975
21
.MONETARY STATISTICS.
Table MS-1.
C
-
Money
in Circulation
In millions of dollars except per capita figures)
Currencies no longer issued
End of
fiscal year
or month
Federal
Reserve
banX
notes
1966
1967
1968
1969
1970
1971
1972
1973
1974
D4
61
59
57
55
54
53
52
51
1973- Dec.
51
1974 -May.,
June,
51
51
July.
Aug..
Sept.
Oct..
Nov.
.
Dec.
1975-Jan..
Feb.
Mar.
Apr.
May.,
End of
fiscal year
or month
National
bank
notes
Cold
certificates 2/
21
21
21
Silver
certificates
Currencies presently
being issued 1/
Federal
Reserve
notes
^
Treasxiry
notes of
1390
United
States
notes
Federal
Reserve
notes
Total
currencies
^
582
395
225
223
220
218
215
213
212
303
300
299
294
297
321
320
320
321
37,315
39,289
41,722
44,547
47,626
51,304
54,572
59,664
65,185
33,290
40,071
42,331
45,146
48,223
51,922
55,184
60,273
65,793
213
321
64,130
64,738
20
20
212
212
322
321
64,610
65,135
65,219
65,793
51
51
51
51
51
51
20
20
20
20
20
20
212
212
212
212
211
211
321
322
322
322
322
322
65,658
66,165
66,072
67,072
68,893
70,804
66,267
66,773
66,679
67,630
69,501
71,411
51
50
50
20
20
20
322
322
322
50
50
20
20
211
211
211
211
211
67,451
67,932
69,115
69,450
70,738
68,059
68,539
69,723
70,057
71,345
20
20
20
20
322
322
Total
Fractional
coin
Total
22
Treasury Bulletin
.FEDERAL DEBT.
Table FD-1.
-
Summary
of Federal
(In millions of dollars)
Debt
ply
23
1973
.FEDERAL DEBT.
Table FD-3.
-
Interest-Bearing Public Debt
(In millions of dollars)
..
..
)
24
Treasury Bulletin
FEDERAL DEBT.
Table FD-5.
-
(
End of
fiscal year
or month
1966
1967
1968
1969
1970
1971
1972
1973
1974
Exchange
Stabilization
Fund
560
833
722
In millions of dollars
Federal
employees'
retirement
funds
Federal
Deposit
Insurance
Corporation
Federal
disability
insurance
trust fund
1,242
1,424
2,934
2,364
15,189
15,569
15,668
17,354
18,931
21,644
24,691
27,894
31,201
174
120
74
156
274
263
436
1,150
1,376
1,891
3,042
4,435
5,713
6,697
7,488
7,880
107,973
2,869
28,249
68
1974 -June.
115,442
2,364
31,201
July.
Aug..
Sept.
Oct..
Nov.
Dec.
115,517
119,648
118,329
116,241
116,893
119,073
2,381
2,396
2,410
2,426
2,438
2,538
31,071
30,984
30,849
30,749
30,495
31,250
116,870
118,057
116,812
116,781
120,060
124,173
2,554
2,570
2,579
2,588
2,598
1,451
31,472
31,259
31,105
30,917
30,675
35,525
576
1,092
1,079
1,093
1,372
1,367
1973-tec
.
1975-Jan.
Feb..
Niar,
Apr.
May.
Jxine.
51,120
56,155
59,526
66,790
76,323
82,784
89,593
101,738
115,442
Government Account Series
Federal home
loan banks
Federal
hospital
insurance
trust fund
Federal
old-age and
survivors
insurance
trust fund
786
1,192
1,259
1,890
2,583
2,980
2,834
4,172
7,814
31,424
33,640
7,540
6,379
32,134
436
7,880
7,814
33,640
447
548
489
7,811
7,815
7,802
7,658
7,589
7,813
7,828
57
85
395
459
457
7,590
7,531
7,639
7,68'i
7,612
7,843
924
52
152
52
199
44
62
14,403
17,840
19,221
21,986
25,939
27,248
29,126
25
July 1975
FEDERAL DEBT.
Table FD-6.
-
Interest-Bearing Securities Issued by Government Agencies
Treasury Bulletin
26
.FEDERAL DEBT.
Table FD-7.
-
Participation Certificates
(In raillions of dollars - face amounts)
. ..
27
July 1973
.FEDERAL DEBT.
Table FD-8.
-
Debt Subject
to Statutory Limitation
(In millions of dollars)
End of
fiscal year
or month
lebt outstanding subject to limitation
Public debt
Other debt
2/
1/2/
197-4
328,000
336,000
358,000
377,000
377,000
430,000
450,000
465,000
495,000
320,102
326,471
350,743
356,932
373,425
399,475
428,576
459,089
476,006
315,831
322,631
344,716
352,259
369,463
396,678
425,813
456,697
473,618
1973-Dec
475,700
470,850
197/i^June
495,000
July
Aug.
Sept
Oct.
Nov,
495,000
495,000
495,000
495,000
495,000
495,000
495,000
531,000
531,000
531,000
531,000
577,000
1966
1967
1968
1969
1970
1971
1972
1973
Dec.
1975- Jan.
Feb.
Mar,
Apr.,
May.
.
June
Interest-bearing debt
subject to limitation
Statutory
debt
limit
Public debt
Other debt
Non-interest-bearing debt
subject to limitation
Public debt
V
4,672
3,962
2,797
2,764
2,392
2,388
315,431
322,286
344,401
351,729
369,026
396,289
425,360
456,353
473,238
1,563
400
345
315
530
437
339
453
343
380
468,455
2,395
467,827
1,570
628
476,006
473,618
2,388
473,238
1,563
380
475,610
482,059
481,743
480,501
485,661
492,967
473,226
479,674
479,352
478,107
483,246
490,547
2,383
2,386
472,833
479,239
478,602
477,673
482,649
490,060
1,558
1,561
1,566
1,569
1,589
1,595
494,458
500,035
510,602
517,745
529,171
492,023
497,593
508,979
516,115
527,534
532,565
491,626
497,160
508,581
515,752
527,030
532,122
1,611
1,617
1,623
1,629
1,637
1,642
4,272
3,840
6,028
2,391
2,394
2,414
2,420
2,436
2,442
1,623
1,629
1,637
1.04;'
461
512
3,818
3,847
3,137
1,972
1,939
1,567
Other debt
_^
3,811
3,328
2,209
825
825
825
825
825
825
825
:
:
:
.
28
Treasury Bulletin
FEDERAL DEBT.
Table FD-9.
-
Status and Application of Statutory Limitation
The Act of June 30, 1967
The Second Liberty Bond Act (31 U.S.C. 757b), as amended,
provides that the
face amount of obligations
authority of that Act,
issued under
of obligations
and the face amount
guaranteed as to principal and interest by the United States,
billion outstanding
shall not exceed in the aggregate $A00
at any one time.
Public Law 9A-A7 provides that beginning
on June 30, 1975, and ending on November 15, 1975, the public
debt limit shall be temporarily
increased by $177 billion.
Part A.
-
Status
that the face
{Public Law 90-39
)
provides
amount of beneficial interests and part 'cipa-
tions issued under
section 302 (c) of the Federal National
Mortgage Association Charter Act (12 U.S.C. 1717 (c)) during
the fiscal
year 1968 and outstanding at
added to the amount otherwise taken
any time shall be
into account in deter-
mining whether the requirements of the above provisions are
met.
Under Limitation June
30, 1975
(In millions of dollars'
Public debt subject to limit:
Public debt outstanding
Less amounts not subject to limit:
5*^33,189
Treasury
Federal Financ ing Baak
615
9
Total public debt subject to limit
'^32,565
Other debt subject to limit:
Guaranteed debt of Government agencies
Specified participation certificates
507
1,135
Total other debt subject to limit;
1,d42
Total debt subject to limit
53^,207
Statutory debt limit
577,000
Balance of statutory debt limit
42.7^3
Part B.
-
Application of Statutory Limitation June 30, 1975
(In millions of dollars)
Total
Classifications
outstanding
Interest-bearing debt:
Marketable:
Bills:
Treasury
Notes
3-128,569
Treasury
Bonds
Treasury
150,257
Total marketable
W5
36.779
Nonmarke table
DepoE itary series
Foreign government series:
Dollar denominated
Foreign currency denominated
Government account series
Investment series
B .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 notes
Total nonmarke table
Total interest-bearing debt
Non-interest-bearing debt:
Matured debt
Other
Total non-interest-bearing debt
Total public debt outstanding
.
.
.
,
July 1973
29
FEDERAL DEBT.
Table FD-10.
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agriculture Department
Agency
End of
fiscal year
for
International
Development 1/
or month
26,964
24,611
27,040
28,164
30,651
31,944
33,939
34,237
35,434
689
662
638
1973-Dec.,
34,152
356
1974- June.
35,434
327
July,
Aug.,
Sept,
Oct.,
Nov.
Dec.
35,132
1966
1967
1968
1969
1970
1971
1972
1973
197A
,
,
1975-Jan..
Feb..
Mar.
Apr.
May.
Jiine
544
512
451
416
374
327
CoraiDodity
Credit
Corporation
Treasury Bulletin
30
.FEDERAL DEBT.
Table FD-11.
-
Description of Securities of Government Corporations and Other
Business-Type Activities Held by
the Treasury, June 30, 1975
.
.
July 1973
31
.FEDERAL DEBT.
Table FD-11.
-
Description of Securities of Government Corporations and Other
Business-Type Activities Held by the Treasury, June
30,
1975— Continued
(In millions of dollars)
Title and authorizing act
Hate of issue
Date payable
Interest payable
Various dates
Sept. 30, 1973
Nov. 30, 1973
Mar. 31, 1974
Various dates
do
Aug. 31, 1974
Oct. 31, 1974
June 30, 1975
'/arious dates
Sept. 30, 1988
Nov. 30, 1988
Mar. 31, 1979
Various dates
do
Aug. 31, 1989
Oct. 31, 1989
June 30, 1990
June 30, Dec. 31
do
do
do
do
do
do
do
do
Various dates
do
do
July 1, 1979
Various dates
do
Jan. 1, 1974
July 1, 1977
do
do
.Federal Housing Administration, act of
Aug. 10, 1965 Continued
Special risk insurance fund:
—
Advances
Advance
Do
Do
Advances
Do
Advance
Do.
Do
Subtotal
Total Federal Housing Administration....
Government National Mortgage Association,
act of Aug. 2, 1954, as amended;
Emergency home purchase assistance fund:
Advances
Do
Do
do
do
Subtotal
Management and liquidating functions:
Advances
Do
Advance
Subtotal
Special assistance functions:
Advances
Do
Various
Do
Advance
Advances
Do..
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Subtotal
Total, Government National f^ortgage Association.
Rural Electrification Administration,
act of May 20, 1936, as amended;
Notes of Administrator
Fural Telephone Bank, act of June 30, 1972;
Advances
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Total
Various dates
..
Rate of
interest
Principal
amount
Treasury Bulletin
32
.FEDERAL DEBT.
Table FD-11.
-
Description of Securities of Government Corporations and Other
Business-Type Activities Held by the Treasury, June
30,
1975— Continued
July 1975
33
.FEDERAL DEBT.
Table FD-11.
-
Description of Securities of Government Corporations and Other
Business-Type Activities Held by the Treasury, June
30,
1975— Continued
(In millions of dollars)
Rate of
Date of issue
Title and authorizing act
Secretary of the Interior:
Bureau of Mines:
Helium fund, act of Sept. 13, 1960
Notes
— Continued
Various dates
do
do
do
Do
Do
Do
Do
Do
Do
Do
Note
do
do
do
do
Apr. 10, 1970
Various dates
July 28, 1972
Notes
Note
Total
Smithsonian Institution:
John F. Kenndey Center parking facilities,
act of Jan. 23, 196A:
Revenue bonds
Do
Do
Do
Do
Revenue bond
Revenue bonds
Do
Do
Total
..
,
Tennessee Valley Authority, act of Aug. 6, 1959:
Advances
United States Information Agency, act of
Apr, 3, 1948, as amended:
Note of Administrator (ECA)
Do
Do
Do
Do
Do
Do..
Do
Do
Do
Various dates
do
do
do
do
June 12, 1969
Various dates
do
do
.'
Notes of Administrator (ECA)
Do
Note of Administrator (ECA)
Do
Do
Do
$
Do
Total
Veterans Administration:
Veterans Direct Loan Program, act of
Apr. 20, 1950, as amended:
Agreements
Do
Do
Do
Do
Agreement
Do
Do
Do
Do
Agreements
Do
Do
Do
Do
Agreement
Agreements
Total
Total securities
Vari
Payable
Interest payable
i
n te re s t
Principal
amount
.. .
Treasury Bulletin
54
PUBLIC DEBT OPERATIONS.
Table PDO-1.
Maturity Schedule of Interest-Bearing Public Marketable Securities
Other than Regular Weekly and 52-Week Treasury Bills
Outstanding June 30, 1975
-
(In millions of dollars)
Year
and
month
of final
maturity
Description
1/'
8-3/3?
1-1/2?
1%
1%
Note
Note
Note
Note
Note
Total
6 560?,
Bill
6-1/4?
5-7/8?
Note
Note
.
Note
1-1/2?
Note
b-1/2?
5-VA?
Note
Note
6?
Note
8-3/'A?
Note
7-1/2?
6-1/2?
5-7/8?
Note
Note
Note
8-1/4?
Note
Note
6-1/5?
TTo'Ee
7-1/8?
7-1 /A?
Note
Note
Note
Total .
0-1/2?
1-1/2?
7-3/3?
Note
Note
Note
Note
Note
6-7/8?
9?
Note
Note
6-3/4?
6-1/2?
Note
Note
7-3/4?
Note
1-1/2?
Note
7-3/4?
Note
Total
6-1/4?
July 1973
35
PUBLIC DEBT OPERATIONS.
Table PDO-2.
-
Offerings of Bills
(Amounts in millions of dollars)
Eescription of new issue
Amount of bids accepted
Number of
days to
maturity 1/
Maturity
Issue date
date
Amount of
bids
tendered
Regular weekly:
(13-week and 26-week)
1975-Mar.
Apr.
1975 -June
Sept.
13
June
Sept.
12
11
91
182
20
June
Sept.
19
18
182
27
June
Sept.
26
25
91
182
July
3
Oct.
2
91
182
July
10
9
91
182
Oct.
17
16
91
182
July
24
Oct.
23
91
182
1
July
Oct.
31
30
182
8
Aug.
Nov.
7
6
91
182
15
Aug.
Nov.
14
13
91
182
22
Aug.
Nov.
21
20
91
182
29
Aug.
Nov.
28
28
183
3
10
17
24
May
June
Tax series
91
182
6
Oct.
July
91
91
91
5
Sept.
Dec.
4
4
91
182
12
Sept.
Dec.
11
11
91
182
19
Sept.
Dec.
18
18
91
182
26
Sept.
Dec.
25
26
91
183
17
194
364
:
5
1975-June
June
4
1'^75-June
3
July
2
July
1
364
30
July
29
364
Aug.
27
Aug.
26
364
Sept.
24
""pt.
23
364
Oct.
22
21
364
Nov.
19
Nov.
18
364
Dec.
17
Dec.
16
364
1975-Jan.
14
1976-Jan.
13
364
Feb.
11
Feb.
10
364
Mar.
11
Mar,
9
364
1974-Dec.
52 -week
:
Apr.
8
Apr.
6
364
May
6
May
4
364
June
3
June
1
364
Special
:
1975-Apr.
14
Footnotes at end of table
3,7^)7.2
4,768.0
Total
amount
Ql competitive
basis 2/
On noncom-
petitive
basis 2/
Amount
maturing on
issue date
of new
offering
Total
unjnatured
issues outstanding after
new Issues
)
Treasury Bulletin
36
__ PUBLIC DEBT OPERATIONS.__
PDO-2.
-
Offerings of Bills-Continued
On total bids accepte'd
Issue date
Average price
per hundred
Treasuiy bills:
Regular weekly;
(13-week and .?6-iveek
1975-Mar.
Apr.
May
June
? 2 -week
1974 June
On competitive bids accepted
High
Equivalent average
rate 4/
Price per hundred
Aug.
Sept.
^
Price per hundred
(Percent)
(Percent)
6
98.575
97.097
5.638
5.742
98.595
97.128
1/
13
98.579
97.141
5.622
5.655
98.587
97.150
2/
20
98.641
97.233
5.376
5.473
98.654
97.256
27
98.599
97.134
3
ii^quivalent rate i^
'''"'ercent)
5.558
5.681
98.567
97.091
5.669
5.754
5.590
5.637
98.575
97.137
5.637
5.663
8/
5.325
5.428
98.636
97.226
5.396
5.487
5.543
5.669
98.614 2/
97.170 10/
5.483
5.598
98.593
97.114
5.566
5.709
98.594
97.075
5.562
5.785
98.601
97.099 ii/
5.535
5.738
98.587
97.065
5.590
5.805
10
98.478
96.789
6.021
6.352
98.492 12/
96.842 IJ/
5.966
6.247
93.471
96.755
6.049
6.419
17
98.600
97.046
5.539
5.843
98.627
97.092
5.432
5.752
98.591
97.024
5.574
5.887
2-;
98.571
96.933
5.653
6.067
98.597
96.977
5.550
5.980
98.563
96.906
5.697
6.120
98.555
96.887
5.717
6.158
98 "^70 12/
96.900 16/
^.657
6.132
98.550
96.878
5.736
6.175
8
98.646
97.106
5.356
5.724
98.661
97.124 17/
5.297
5.689
98.641
97.097
5.376
5.742
15
98.690
97.229
5.183
5.481
98.6^3
97.250 18/
5.171
5.440
98.689
97.211
5.186
5.517
22
98.707
97.264
5.115
5.412
98.723
97.280
5.032
5.380
98.699
97.251
5.147
5.438
29
98.684
97.220
5.206
5.469
98.698 12/
97.246 20/
5.151
5.418
98.677
97.206
5.234
5.496
98.671
97.217
5.258
5.505
98.680 21/
97.260
5.222
5.420
98.664
97.198
,285
5
98.716
98.731 22/
97.356
5.020
5.230
98.714
97.320
,087
1
6/
W
.
.542
12
Q7. "2^
5.079
5.284
19
98.795
Q7.407
4.767
5.129
98.822
97.447
4.660
5.050
98.781
97.392
,822
.159
26
08.568
96.983
5.665
5.935
98.579
97.000
5.622
5.902
98.560
96.970
.697
.961
91.660
8.249
91.729 21/
8.180
91.577
8.330
4
91.652
8.256
91.781 ZA/
8.129
91.587
8.321
92.077
92.207
7.707
92.012
7.900
30
7.836
9.564
90.566 22/
9.330
90.162
9.730
27
90.330
91.566
8.341
91.658 26/
8.250
91.469
8.437
92.312 22/
7.604
92.235
7.680
92.600 28/
7.319
92.529
7.389
6.625
93.379 23/
6.548
93.248
6.678
6.273
93.517
6.412
:
July
Equivalent rate
2
24
Oct.
22
92.286
7.629
Nov.
19
92.556
7.362
93.301
,301
Dec.
17
1975-Jan.
U
93.551
6.378
93.657
5.313
94.704 10/
5.238
94.565
5.375
11
94.628
94.287
5.650
•
Feb.
Mar.
11
94.300
5.637
94.332 31/
5.606
8
93.454
6.474
93.610 32/
6.319
93.358
6.569
Apr.
93.529
6.400
93.578 ii/
6.351
93.508
6.421
5.803
5.72°
94.005
5.840
94.133
Q4.207 ii/
6.588
94.699 i2/
94.656
6.560
6.535
94.679
May
6
June
Special:
1975-Apr.
3
|
U
Footnotes on following page
37
July 1975
PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-2
Monthly Statement of the Public Debt of the United States and
Source:
Allotments.
\j'
The IJ-week bills represent additional issues of bills with an original maturity of 26 weeks.
2/ For bills issued on and after May 2, 1974, includes amounts exchanged
on a noncompetitive basis by Government accounts and Federal Reserve
banks.
2/ For 13-week, 26-week tenders for $200,000 or less from any one
bidder are accepted in full at average prices of accepted competitive bids; for other issues, the corresponding amount is stipulated
In each offering announcement.
Bank discount basis.
Except $320,000 at 93.610 and $300,000 at 98.602.
6/ Except $20,000 at 97.138 and $25,000 at 97.136.
7/ Except $10,000 at 98.625.
8/ Except $600,000 at 97.275 and $230,000 at 97.270.
2/ Except $100,000 at 98.700, $100,000 at 98.690, $100,000 at 98.685
and $50,000 at 98.619.
10/ Except $650,000 at 97.194, $10,000 at 97.182, $40,000 at 97.179 and
16/
17/
l^/
12/
20/
21/
22/
23 /
21 /
25/
26/
^
^
11/
12/
12/
14/
$100,000 at 97.173.
Except $15,000 at 98.400 and $100,000 at 97.163.
Except $100, OX at 93.527, $10,000 at 93.520, $915,000 at 93.509,
$80,000 at 98.500 and $100,000 at 98.496.
Except $30,000 at 97.000, $600,000 at 96.368, $350,000 at 96.360,
$300,000 at 96.354 and $10,000 at 96.850.
Except $10,000 at 98.975.
Except $600,000 at 98.587.
Except $20,000 at 97.046 and $10,000 at 97.966.
Except $600,000 at 97.140 and $200,000 at 97.129.
Except $300,000 at 97.257.
Except $285,000 at 98.700.
Except $475,000 at 97.255 and $1,000,000 at 97.250.
Except $30,000 at 98.686.
Except $140,000 at 98.736.
Except $35,000 at 91.911 and $1,115,000 at 91.979.
Except $10,000 at 91.911 and $650, OX at 91.801.
Except $10,000 at 90.930 and $50,000 at 90.752.
Except $20, XO at 94.513, $480, OX at 91.710, $2, 440, OX at 91.709
and $1,0X,X0 at 91.678.
27/ Except $10, OX at 97.972, $10,000 at 95.325, $10, OX at 92. 5X and
$2X,00.0 at 92.350.
23/ Except $95, OX at 92.624.
23/ Except $10, OX at 93.650 and $1,905,X0 at 93.423.
JO/ Except $4,385,X0 at 94.733.
_2l/ Except $15,000 at 94.343.
22/ Except $960, OX at 94.540, $203, XO at 93.998, $100,000 at 93.660,
$100, OX at 93.640 and
3, OX at 93.630.
_22/ Except $85,000 at 93.601.
Except
at
$70,000
94.337.
J^/
21/'~ Except $10,000 at 95.150, $10, X3 at 95.052 and $10, OX at 94.890.
Revised.
r
15/
'
Treasury Bulletin
38
PUBLIC DEBT OPERATIONS,
Table PDO-3.
-
New Money Financing
through Regular Weekly Treasury Billsi/
{Dollar amounts in millions)
Feb.
197A-May
16.
23.
30.
Amoiint
Amount
of bids
tendered
of bids
accepted
Average rate
of bids
accepted 2/
( Percent)
New money
increase, or
decrease (-)
39
July 1975
PUBLIC DEBT OPERATIONS.
Table PDO-3.
-
New Money
Financing through Regular Weekly Treasury Bills
(Dollar amounts in millions)
Description of issue
1/
—Continued
40
Treasury Bulletin
.PUBLIC
Table PDO-3.
-
New Money
DEBT OPERATIONS
Financing through Regular Weekly Treasury Bills i/-Continued
(Dollar amounts in millions)
Description
ol'
issue
July 1975
41
PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
(Dollar amounts in millions)
Date subscrip-
C
Treasury Bulletin
42
PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Billsj— ontinued
(Dollar aniowits in millions)
Date subscription books
clO€ed or
tenders received
b/20/li,
Issue
date
Description of securities 1/
Period to final
maturity
(years, months,
days) 2/
364d
244d
7/1/75
3/31/75 - FFB
7/29/75
9/20/74 - Tax ant. 5/
Cash
8.256?'
Bill
8.049*
7.836*
9.655*
Bill
Bill
Bill
8/15/74
8/15/74
8/15/74
9*
9*
8-1/2*
Note
Note
Bond
3/21/74
8/28/74
8/27/74
9/4/74
9.564*
9.767fo
Bill
Bill
3/26/75
6/30/75
364d
299d
2,935
4,934
9/18/74
9/24/74
8.341f.
Bill
9/23/75
364d
2,980
8/6/7<i
5/15/77-D
8/15/80-B
5/15/94-99 - Reopening
9/30/74
8-1/4*
Note
9/30/76-J
10/16/74
10/23/74
10/29/74
10/1/74
10/22/74
11/6/74
11/4/74
1-1/2*
7.629*
7-7/8*
7.933*
Note
Bill
Note
Bill
lO/l/79-EO
10/21/75
5/15/79-D
6/19/75
11/6/74
11/7/74
11/8/74
11/15/74
11/15/74
11/15/74
7-3/4*
7-3/4*
8-1/2*
Note
Note
Bond
11A3/74
11A9/74
11/20/74
11/21/74
U/26/74
12/3/74
12/4/74
12/5/74
7.362*
7.426*
7.527*
7.521*
Bill
Bill
Bill
Bill
12/11/74
12/23/74
12/30/74
1/2/75
12/17/74
12/31/74
1/7/75
1/9/75
6.625*
7-1/4*
7-7/8*
8*
Bill
Note
Note
Note
1/8/75
1/14/75
6.378*
Bill
1/13/76
1/28/75
1/29/75
1/30/75
2/18/75
2/18/75
2/18/75
7-1/8*
7-3/8*
7-7/8*
Note
Note
Bond
5/15/78-D
2/15/81-C
2/15/95-2000
2/5A5
2/11/75
5.313;?
Bill
2/10/76
2/19/75
3/3/75
(i-l/S%
\6*
Note
Note
8/31/76^ L
2/28/77-F
3/5/75
3/11/75
5.637*
Bill
3/9/76
3/11/75
3/13/75
3/18/75
3/20/75
3/19/75
3/25/75
3/31/75
4/7/75
7-3/4*
6*
6-1/2*
8-1/4*
Note
Note
Note
Bond
11/15/81-B-Reopening
4/1/75
4/8/75
7-1/8*
4/V75
1-V^%
Note
Note
11/30/76-N
4/1/75-EA
4/2/75
4/8/75
4/15/75
4/30/75
4/8/75
4/14/75
4/30/75
5/6/75
6'.475*
Bill
Bill
4/6/76
1/31/76
4/30/77-H
5/4/76
5/6/75
5/7/75
5/8/75
7-5/8*
8*
8-1/4*
5/22/75
5/28/75
5/15/75
5/15/75
5/15/75
5/27/75
6/6/75
6/3/75
6/17/75
6/24/75
6/25/75
6/30/75
7/1/75
7/9/75
6-1/2*
6.292*
7-3/4*
9/24/74
7/
5/U/75
Footnotes on follcwing page.
6.560*
7-3/8*
6.400*
b--i/lS
6-1/2*
5.803*
Note
Bill
11A8/75
4A6/75
5
4,441
3,788
1,060
3,255
364d
4y 6m
227d
5/3V76-M
3/31/77-G
5/15/90
Bill
Note
Bill
Note
6/30/77 -J
6/29/76
6/30/79-E
2,936
2,461
486
2,391
1,835
400
|25y
364d
4t/
AT/
338
603
2,002
338/
52/
949W
2,251
1,001
1,256
697
400
150
3,26J
1,767
752
77 51/
52/
697!
400)55/
56/
57/
150/
18/
2,103
2,967
3,189
1,662
1,665
4,272
2,102p
3,438p
2,918p
2,592p
2,901p
l,762p
l,580p
2,576p
l,250p
i/
3,796p
l,507p
65/
2",205p
364d
J7I35p
3,680p
4,158p
4,426p
364d
5,390p
3,864p
l,848p
3,572p
2,658p
3,851p
364d
8m
2m
I5y
ly
205 i2/
3,354
ly 6m
2y
6y
ly
2y
Ai/
A2/
1,059)
2,001
6,6»
436|
2,568
1,766
3,355
4,241
2,2S4
2,46l\22/
1,059
949
2,001
2,205
1,253
756
3tii
2,936\
2,003
1,016
1,501
3,749
2,807
1,760
1,915
3y
6y
A/
1
364d
364d
Allotment
ratio
1,303
205
3,802
4,904
1,671
2,481
4y 4m
ly 3m
In exchange
1,803
2,003
364d
134d
(Average)
22d
194d
2y
issued jj
1,802
1,501
1,806
1,526
3,580
2,274
3,860
4,403
3,275
1,816
3y
7y
24y 6m
Tax ant. 5/
Series 50/
Tax ant. 5/
For
cash
1
5y
12/16/75
12/31/76-K
5/1 5/79- D-Reopening
3/31/76- H-Reopening
8/15/78-E
5/15/82-A
5/15/00-05
5/31/77-1
10/31/76-0
6/1/76
Note
Note
Bond
Note
Note
44d
2y 9m
6y
24y 9m
2y
11/15/77-E
11/15/81-B
5/15/94-99 - Reopening
"Strip " of
6/17/75
364 d
Exchange
2,654
4,321
2,573
4,319
7/2/74
7/30/74
7/30/74
8/7/74
7/23/74
7/2i/74
8/1/74
AiTiount
Amount of subscriptions tendered
3m
12/
6Q/
61/
5y
3643
292d
Zyr
3y 3m
7y
3Qy
2y
ly 5m
364d
4y
2,775p
3,321p
5,384?
l,585p
l,578p
2,435p
2,300
1,233
850
2,855p
l,513p
754p
2,137p
l,571p
2,404p
2,170p
2,591
l,781p
66/
2,300"^
1,233 62/
85(y
6g/
62/
22/
21/
22/
ry
24/
43
July 1975
PUBLIC DEBT OPERATIONS,
Footnotes|to Table PDO-4.
Bureau of the Public Debt.
All securities (except EA & EO notes) issued after February 15, 1973
were sold at auction through competitive and noncompetitive bidding.
For bill issues, always sold at auction, the rate shown is the equivalent average rate (bank discount basis) on accepted bids. Other
securities issued at par except those bearing footnote 6 and those
sold at auction. For details of bill offerings see Table PDO-2.
From date of additional issue in case of a reopening.
In reopenings the amoxint issued is in addition to the amount of
original offerings.
For securities exchanged for the new issues see Table PDO-7.
Tax anticipation bill, accepted at face value in payment of income
taxes due on the 15th of the month in which the bills mature.
Price at which issued appears in Table PDO-5.
Exchange offering available to owners of nonmarketable 2-^/lS 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-1.
Cash subscriptions were accepted only from individuals in amounts of
$10,000 or less.
Includes $1,028 million of the 5-7/8^ notes, $1,437 million of the
b-\/lS notes and $1,180 million of the bonds allotted to Federal Reserve banks and Government accounts.
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.41 (yield 5.77%) down to 100.20 (yield
5.89!6) with the average at 100.25 (yield 5.86%).
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.31 (yield 6.16%) down to 100.14 (yield
6.21%) with the average at 100.18 (yield 6.20%).
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.29 (yield 5.72%) down to 100.05 (yield
5.85%) with the average at 100.09 (yield 5.83%).
Sold at auction through competitive and noncompetitive bidding. All
accepted tenders were awarded at the price of 99.50 (yield 6.79%).
Includes $1,392 million allotted to Federal Reserve banks and
Government accounts.
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing February 15, 1973.
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 99.88 (yield 6.65%) down to 99.21 (yield
6.77%) with the average at 99.40 (yield 6.74%).
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing May 15, 1973.
Prices accepted ranged from 100.10 (yield 6.36%) down to 99.05 (yield
7.05%) with the average at 99.29 (yield 7.01%).
All accepted tenders were awarded at the price of 98.75 (yield 7.11%).
Issued to Federal Reserve banks and Government accounts In exchange
for securities maturing August 15, 1973.
Prices accepted ranged from 99.31 (yield 7.95%) down to 99.01 (yield
8.04%) with the average at 99.07 (yield 8.03%).
All accepted tenders were awarded at the price of 95.05 (yield 8.00%).
Prices accepted ranged from 101.05 (yield 7.80%) down to 100.70
(yield 7.99%) with the average at 100.30 (yield 7.94%).
Issued to Federal Reserve ban]cs and Government accounts in exchange
for bonds maturing November 15, 1973.
Prices accepted ranged from 101.21 (yield 6,75%) down to 100.63
(yield 6.87%) with the average at 100.88 (yield 6.82%).
Prices accepted ranged from 100.49 (yield 6.73%) down to 100.09
(yield 6.94%) with the average at 100.
(yield 6.91%).
All accepted tenders were awarded at the price of 101.60 (yield 7.35%).
Sale of a "strip" of Treasury bills consisting of an additional $100
million of each weekly series maturing from November 23, 1973,
through January 31, 1974.
Issued to Federal Reserve banks and Government accounts in exchange
for securities maturing February 15, 1974.
Prices accepted ranged from 1(X).68 (yield 6.88%) down to 100.00 (yield
6.98%) with the average at 100.10 (yield 6.95).
'Prices accepted ranged from 100.92 (yield 6.56%) down to 100.35 (yield
6.75%) with the average at 100.51 (yield 6.70%).
All accepted tenders were awarded at the price of 100.45 (yield 7.46%).
Prices accept*! ranged from l(X).ll (yield 7.94%) down to 99.76 (yield
8.13%) with the average at 99.85 (yield 3.08%).
Issued to Federal Reserve banks and Government accounts in exchange
for securities maturing May 15, 1974.
Prices accepted ranged from 100.68 (yield 8.56%) down to 99.96 (yield
8.76%) with the average 100.07 (yield 8.73%).
down to 99.87 (yield
Prices accepted ranged from 100.57 (yield 8.43%)
8.79%) with the average at 100.00 (yield 8.73%).
All accepted tenders were awarded at the price of 102.85 {Z^2Jf*).
Source:
2S/
Note.
1/
2/
3/
^/
2/
6/
7/
8/
~
9/
10/
11/
12/
H
39 /
^0/
^1/
;42/
43/
^/
i5/
46/
^
^8/
^9/
50/
51/
52/
52/
,54/
^55/
56/
57/
58/
59/
60/
61/
62/
62/
btj
65/
66/
67/
68/
62/
70/
71/
72/
22/
JlJ
p
Sale of a "strip" of Treasury bills consisting of an additional $1(X)
million of each weekly series maturing from September 19 through
November 7, 1974.
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing August 15, 1974.
Prices accepted ranged from 101.28 (yield 8.48%) down to 100.86 (yield
8.65%) with the average at 101.00 (yield 8.59%).
Prices accepted ranged from 101.50 (yield 8.67%) down to 101.01 (yield
8.78%) with the average at 101.15 (yield 8.75%).
Prices accepted ranged from 99.76 (yield 8.52%) down to 98.00 (yield
8.70%) with the average at 98.70 (yield 8.63%).
Issued to Federal Reserve banJss and Government accounts in exchange
for notes maturing September 30, 1974.
Yields accepted ranged from 8.39% (price 99.75) down to 8.20% (price
100.09) with the average at 8.34% (price 99.84).
Yields accepted ranged from 7.93% (price 99.787) down to 7.78% (price
100.349) with the average at 7.89% (price 99.937).
Issued to Federal Reserve banks and Government accounts in exchange
for securities maturing November 15, 1974.
Yields accepted ranged from 7.37% (price 99.685) down to 7.78% (price
99.921) with the average at 7.35% (price 99.737).
Yields accepted ranged from 7.86% (price 99.416)down to 7.75% (price
100.000) with the average at 7.82% (price 99.628).
Prices accepted ranged from 103.50 (yield 8.17%) down to 102.79
(yield 3.23%) with the average at 103.04 (yield 3.21%).
Sale of a "strip" of Treasury bills consisting of an additional $200
million of each weekly series maturing from December 12, 1974,
through January 9, 1975.
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing December 31, 1974.
Yields accepts* ranged from 7.37% (price 99.781) down to 7.15% (price
100.183) with the average at 7.32% (price 99.372).
Prices accepted ranged from 102.20 (yield 7.27%) down to 101.30
(yield 7.37%) with the average at 101.95 (yield 7.33%).
Prices accepted ranged from 100.91 (yield 7.13%) down to 100.30
(yield 7.27%) with the average at 100.34 (yield 7.24%).
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing February 15, 1975.
Yields accepted ranged from 7.17% (price 99.814) up to 7.23% (price
99.643) with the average at 7.21% (price 99.700).
Yields accepted ranged from 7.40% (price 99.831) up to 7.52% (price
99.311) with the average at 7.49% (price 99.453).
Yields accepted ranged from 7.89% (price 99.837) up to 7.96% (price
99.084) with the average at 7.95% (price 99.191).
Yields accepted ranged from 5.33% (price 99.993) up to 5.93% (price
99.352) with the average at 5.94% (price 99.908).
Yields accepted ranged from 5.97% (price 100.056) up to 6.12% (price
99.778) with the average at 6.09% (price 99.834).
Prices accepted ranged from 101.51 (yield 7.45%) down to 101.07
(yield 7.54%) with the average at 101.21 (yield 7.51%).
Yields accepted ranged from 5.90% (price 100.032) up to 6.01% (price
99.757) with the average at 5.98% (price 99.991).
Yields accepted ranged from 6.40% (price 100.185) up to 6.60% (price
99.815) with the average at 6.51% (price 99.982).
Yields accepted ranged from 8.15% (price 100.326) up to 8.37% (price
98.947) with the average at 8.31% (price 99.455).
Yields accepted ranged from 6.95% (price 100.234) up to 7.19% (price
99.865) with the average at 7.15% (price 99.926).
Yields accepted ranged from 7.37% (price 100.009) up to 7.45% (price
99.863) with the average at 7.43% (price 99.900).
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing May 15, 1975.
Yields accepted ranged from 7.60% (price 100.001) up to 7.74% (price
99.604) with the average at 7.7(D% (price 99.717).
Yields accepted ranged from 7.96% (price 100.212) up to 8.02% (price
99.894) with the average at 8.00% (price 100.000).
Yields accepted ranged from 3.25% (price 100.000) up to 8.32% (price
99.232) with the average at 8.30% (price 99.450).
Yields accepted ranged from 6.79% (price 99.924) up to 6.92% (price
99.633) with the average at 6.36% (price 99.794).
Yields accepted ranged from 6.38% (price 100.158) up to 6.58% (price
99.895) with the average at 6.54% (price 99.947).
Yields accepted ranged from 6.50% (price 100.000) up to 6.69% (price
99.650) with the average at 6.61% (price 99.797).
Yields accepted ranged from 7.74% (price 100.034) up to 7.85% (price
99.664) with the average at 7.83% (price 99.7J1).
Preliminary.
Less than $500,000.
)
Treasury Bulletin
44
PUBLIC DEBT OPERATIONS.
Table PDO-5.
Description of securities
1975
8-3,
Note
7*
Note
7*
1976
6-1/4*
Note
5-7/8*
Note
3*
-
Unmatured Marketable Securities Issued at a Premium
Other than Advance Refunding Operations
Date of
financing
Amount issued
{ In millions
Average price
per hundred
Effective
interest
rate
or Discount
Eligible securities exchanged
July 1975
43
PUBLIC DEBT OPERATIONS.
Table PDO-5.
-
Unmatured Marketable
Securities Issued at a
Premium
or Discount
Other than Advance Refunding Operations-Continued
Description of securities
1978
7-1/8^
Note
5/15/78-D
8-3/4*
Note
8/15/78-C
7-5/8!S
Note
8/15/78-E
bi
Note
11/15/78-B
7-7/8«
Note
5/15/79-D
6-5/8?
Note
ll/15/79-B
7%
Note
11/15/79-C
1979
1980
Ai
Bond
6-7/8?
Note
5/15/80-A
9i
Note
8/15/80-B
7*
Note
2/15/81-A
7-3/8*
Note
2/15/81-C
7*
Bond
8/15/81
2/15/80 1/
1981
7-3/4?
Date of
financing
Amount issued
C In millions)
Average price
per hundred
Effective
interest
rate
Eligible securities exchanged
Treasury Bulletin
46
.PUBLIC DEBT OPERATIONS,
Table PDO-5.
De
Unmatured Marketable Securities Issued at a Premium
Other than Advance Refunding Operations-Continued
-
or Discount
July 1975
47
PUBLIC DEBT OPERATIONS
Table PDO-6.
Allotments by Investor Classes on Subscriptions
Part A.
-
Other than
Bills
(In millions of dollars)
1/
for Public
Marketable Securities
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS,
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B.
-
Bills
Other than Regular Weekly Series
July 1973
.PUBLIC
Tqble PDO-7.
49
DEBT OPERATIONS.
Disposition of Public Marketable Securities
-
Other than Regular Weekly Treasury Bills
I
^'alled nr maturing securities
Dollar amounts in millions
J
Disposition offers
by Treasury
1/
Results of exchange offers
I'
Amoun t
ucriptlon of new
Li-ltles offered
See also Table PDO-i)
i
Issue
date
Description
5.95.?^ Bill
4.496* Bill
out^
standing
7/31/72
7/31/72
7/31/71
7/31/71
1,202
500
8/15/72 -E
5/15/71
2,574
Cash
retirement
Exchange
security
offered
Ex-
changed
Turned
in for
cash 2/
1
1,202^1
500 i/
J
1,715
512
2,574
232
7/8?
1/4?
3/8?
Note
Note
Bond
F-1976
A-1979
8/15/84
379
1/4?
Note
Note
Bond
F-1976
A-1979
8/15/84
1/4?
3/8?
Note
Note
Bond
F-1976
A-1979
8/15/84
15
4?
Bond
8/15/72
9/15/62
1,453
699
123
252
1,453
fl,097
3/8?
7/8?
1
2-l/2!f Bond
9/15/72
10/20/41
1,951
1,951
Note
11/1 5/72 -F
6/29/71
2,285
2,285
530
197
133
5-7/8?
6-1/4?
6-3/8?
Note
Note
Bond
F-1976
A-1979
8/15/84
( 2-1/2% Bond
12/15/72
11/15/45
2,547
2,547
805
223
165
5-7/8?
6-1/4?
16-3/8?
Note
Note
Bond
F-1976
A-1979
8/15/84
Note
Bond
A-1979
8/15/84
|6-3/8?
Note
Bond
A-1979
8/15/84
6%
5-3/4? Note 5/
11/15/74-A
11/15/67
/'6-1/4?
7,212
^6-3/8?
3-7/8? Bond S/
11/15/74
12/2/57
2,236
/'6-1/4?
2,236
5-3/4? Note 5/
2/1 5/74 -A
2/15/68
5,148
5,148
ft-l/A%
I5-3/8?
Note
Bond
A-1979
8/15/84
5-7/8% Note i/
2/15/75 -E
10/22/71
2,045
2,045
/6-1/4?
(6-3/8?
Note
Bond
A-1979
8/15/84
of 5-7/8? Note
of 6-1/4? Note
2,312_ of 5-3/8? Bond
,'^45
11,816
5.125? Bill
4.580? Bill
8/31/72
8/31/72
8/31/71
8/31/71
1,200
500
1,200
500
2-1/2? Bond
9/15/72
10/20/71
454
454
r5.279? Bill
3.930? Bill
9/30/72
9/30/72
9/30/71
9/30/71
1,201
1-1/2? Note
10/V72-E0
10/1/67
33
r4.490? Bill
[3.391? Pill
10/31/72
10/31/72
10/31/71
10/31/71
1,200
I
I
I
501
500
\
J
1,201^1
501 ?
i/
y
33
1,200^
500 j^/
6/29/71
1,326
1,326
1,201
501
l,20l}i/
11/30/72
11/30/71
11/30/71
2-1/2? Bond
I2A5/72
11A5/45
1,351
1,351
3.927? Bill
4.512? Bill
12/31/72
12/31/72
12/31/71
12/31/71
1,200
l,200l
3.936? Bill
4.234? Bill
1/31/73
1/31/73
1/31/72
1/31/72
1,200
"5-1/2? Note
4-7/8? Note
2A5/73
8A6/71
2,514
4,268
"4.091? Bill
4.367? Bill
2/28/73
2/23/73
2/29/72
2/29/72
1,200
"4.651? Bill
4.754? Bill
3/31/73
3/31/73
3/31/72
3/31/72
1,201
1-1/2? Note
4.7a? Bill
4A/73-EA
4/20/73
4/1/68
11/24/72
2,012
4.362? Bill
4.731? Bill
4/30/73
4/30/73
4/30/72
4/30/72
1,200
500
'7-3/4? Note
4-3/4? Note
5A5/73-A
5A5/73-E
XOA/69
5,844
2,663
8/
A 5/72
3,792
2,598
2/
4.465? Bill
5.040? Bill
5/31A3
5/31/72
5/31/72
1,200
5/31/73
5.089? Bill
6/22/73
12/5/72
2,510
4.853? Bill
5.346? Bill
6/30/73
6/30/73
6/30/72
5/30/72
1,201
6?
Note
4.563? Bill
3.862? Bill
11/15/72 -F
11, ,'30/72
2/15/73
.
Footnotes at end of table.
11
5
A 5/71
501
500
6,'
501(2/
l,20o\
500/i/
2,514
4,268
1,425
2,458
501
501
34
500
500
4,559
1,089
1,810
2/
Treasury Bulletin
30
.PUBLIC DEBT OPERATIONS.
Table PDO-7.
- Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills —Continued
(Dollar ainounts in millions)
Date ef
July 1975
51
PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-7
Bureau of the Public Debt.
Original call and maturity dates are used.
All by Investors other than Federal Reserve banks.
(see Table PDO-4).
J/ Rolled over into new bills
4/ Tax anticipation issue: for detail of offerings beginning July 1972,
see Table PDO-4; for amounts redeemed for taxes and for cash see
"Note" below.
Subscribers
exchanging these securities may elect, for Federal income
_5/
tax purposes, to recognize gain or loss on account of the exchange
either in the taxable year of the exchange or (except to the extent
that cash is received) in the taxable year of disposition or redemption
of securities received in the exchange.
Any gain to the extent that
cash was received by the subscriber ( other than as an interest
adjustment) must be recognized in the year of the exchange.
6/ Public holders of these securities were not given preemptive rights
to exchange them but they could be used in payment for new securities
allotted.
7/ Of this amount $595 million was exchanged by Federal Reserve banks
and Government accounts for 6-5/8% notes of Series B-1979.
Other
holders of the maturing notes were not given preemptive rights to
exchange their holdings for the 6-5/8^ notes.
8/ Exchanged by Federal Reserve banks and Government accounts for $2,623
million of 6-7/8« notes of Series A- 1980 and $40 million of 7% bonds
of 1993-98 issued May 15, 1973.
9/ Exchanged by Federal Reserve banks and Government accounts for b-l/Sf,
notes of Series A- 1980 Issued May 15, 1973.
10/ Exchanged by Federal Reserve banks and Government accounts for $233
million of 7-3/4^ notes of Series B-1977 and $92 million of 7-1/25S
bonds of 1988-93 issued August 15, 1973.
11/ Exchanged by Federal Reserve banks and Government accounts for $495
miUlan of 7-3/4* notes of Series B-1977 and $233 million of 7-l/2iS
bonds of 1988-93 issued August 15, 1973.
12/ Exchanged by Federal Reserve banks and Government accounts for $220
million of 7% notes of Series 0-1979, $220 million of 1% notes of
Series H-1975 and $136 million of 7-1/2* bonds of 1988-93 issued
Source;
1/
2/
13/
November 15, 1973.
Exchanged by Federal Reserve banks and Government accounts for $307
million of 6-7/8* notes of Series C-1977, $25 million of 1% notes of
Series A-1981 issued February 15, 1974, and $10 million of 7-1/2*
li/
15/
16/
17/
18/
19/
20/
21/
22/
2i/
Ziu
21/
p
bonds of 1988-93 issued February 28, 1974.
Exchanged by Federal Reserve banks and Government accounts for
$302
million of 7* notes of Series A-1981 issued February 15, 1974 and
$240 million of 7-1/2* bonds of 1988-93 issued February 28, I974.
Exchanged by Federal Reserve banks and Government accounts for $656
million of 8-3/4* notes of Series 1-1976 and $343 million of 8-3/4*
notes of Series C-1978 issued May 15,1974.
Exchanged by Federal Reserve banks and Government accounts for
$240
million of 8-3/4* notes of Series C-1978 and $279 million of 8-1/2*
bonds of 1994-99 issued May 15, 1974.
Exchanged by Federal Reserve banks and Government accounts for
$2,936
million of 9* notes of Series D-1977, $2,461 million of 9* notes of
Series B-1980 and $486 million of 8-1/2* bonds of 1994-99 issued
August 15, 1974.
Exchanged by Federal Reserve banks and Government accounts for 8-I/4*
notes of Series J-1976 issued September 30, 1974.
Exchanged by Federal Reserve banks and Government accounts for
$1,059
)nillion of 7-3/4* notes of Series E-1977,
J949 million of 7-3/4* notes
of Series B-1981 and $196 million of 8-1/2* bonds of 1994-99 Issued
November 15, 1974.
Exchanged by Federal Reserve banks and Government accounts for 8-1/2*
bonds of 1994-99 Issued November 15, 1974.
Exchanged by Federal Reserve banks and Government accounts for 7-1/4*
notes of Series K-1976 issued December 31, 1974.
Exchanged by Federal Reserve banks and Government accounts for $692
million of 7-1/8* notes of Series D-1978, $400 million of 7-3/8*
notes of Series C-1981 and $36 million of 7-7/8* bonds of 1995-2000
Issued February 18, 1975.
Exchanged by Federal Reserve banks and Government accounts for
$4
million of 7-1/8* notes of Series D-1978 and $114 million of 7-7/8*
bonds of 1995-2000 Issued February 18, 1975.
Exchanged by Federal Reserve banks and Government accounts for
$2,300
million of 7-5/8* notes of Series E-1978, $1,233 million of 8* notes
of Series A-1982 and $630 million of 8-I/4* bonds of 2000-05 issued
May 15, 1975.
Exchanged by Federal Reserve banks and Government accounts for 8-1/4*
bonds of 2000-05 issued May 15, 1975.
Preliminary.
Information on retirement of tax anticipation issues referred to
in footnote 4, in millions of dollars:
Note:
Treasury Bulletin
52
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS.
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars; dollar amounts in millions)
July 1975
53
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
.Issued to Official Institutions of Foreign Countries
—Continued
(layable in U.S. Dollars; dollar ajnounts in millions
^
)
54
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)
Month of
activity
Issue
date
Securities
'
5/9/73
5/14/73
5/17/73
5/30/73
6/6/73
8/2/73
8/7/73
8/9/73
8/U/73
8/U/73
1973-Nov.
(
Certificates of indebtedness
Certificates of indebtedness
Dec.
Certificates of indebtedness
I97.i-Jan.
date
11/9/73
11/14/73
11/16/73
11/30/73
12/6/73
11/2/73
11/7/73
11/9/73
11/14/73
ll/U/73
Interest
rate
C Percent
Issued
6.45
6.45
6.45
6.90
7.25
8.35
8.50
8.50
9.00
9.00
9.00
Retired
55
413
40
1,170
70
65
11/16/73
11/16/73
9_.00
15
8/'3l/73
11/30/ '73
3.70
472
9/6/73
9/6/73
9/26/73
9/26/73
9/28/73
10/19/73
11/2/73
11/7/73
11/9/73
11/9/73
11/9/73
L2/6/73
12/6/73
12/26/73
12/26/73
12/28/73
1/28/74
2/1/74
2/7/74
2/8/74
2/8/74
5/9/74
8.80
8.30
ll/l-;/73
5/U/74
11/14/73
11/16/73
11/16/73
11/16/73
11/30/73
11/30/73
11/30/73
11/30/73
2/14/74
2/14/74
2/15/74
2/15/74
2/15/74
2/28/74
2/28/74
5/30/74
5/30/74
7.35
7.35
7.35
7.20
7.20
8.10
8.10
8.10
8.00
8.40
8.65
8.65
8.65
3.65
8.65
7.70
7.70
7.70
7.70
2,533
158
150
8/24/72
11/29/73
9/20/73
2/28/74
12/19/74
12/20/73
5.50
7.20
8.80
200
9/24/73
9/25/73
9/26/73
9/27/73
10/1/73
12/20/73
12/21/73
12/27/73
12/27/73
12/28/73
12/31/73
12/21/73
12/27/73
12/23/73
12/27/73
12/31/73
3/20/74
3/21/74
3/27/74
3/27/74
3/28/74
4/1/74
8.80
86
26
73
92
2/2/72
9/21/72
12/27/73
12/3/73
12/27/73
1/9/75
4.80
10/2/73
10/2/73
10/9/73
10/9/73
10/17/73
10/17/73
10/18/73
10/19/73
10/26/73
10/31/73
12/20/73
12/27/73
12/31/73
1/2/74
1/2/74
1/9/74
1/9/74
1/17/74
1/18/74
1/25/74
1/31/74
1/2/74
1/2/74
1/9/74
1/9/74
1/17/74
1/17/74
1/18/74
1/18/74
1/25/74
1/31/74
3/20/74
3/27/74
4/1/V4
4/2/74
4/2/74
4/9/74
4/9/74
4/17/74
4/18/74
4/25/74
5/1/74
7.15
7.15
7.35
7.35
7.20
7.20
7.20
7.20
6.95
7.20
7.40
7.35
7.40
7.40
7.40
7.65
7.65
8.00
8.00
8.00
7.80
10/26/72
1/24/74
1/24/74
4/24/75
5.60
7.35
11/2/73
11/7/73
11/9/73
11/9/73
11/14/73
11/14/73
11/16/73
11/16/73
2/1/74
2/7/74
2/8/74
2/8/74
2/14/74
7.20
8.10
8.10
3.10
3.65
3.65
8.65
8.65
2/U/74
2/15/74
2/15/74
7.35
7.35
7.35
7.35
7.40
7.40
7.35
7.35
7.35
7.40
5.60
7.12
Total outstanding
end of month
1,480
1,500
706
100
20
8/16/73
8/16/73
ll/U/73
,
Maturity
601
)
24,477
)
24,461
)
23,757
364
10
55
413
40
33
1,480
1,500
1,170
70
65
15
626
472
2,533
20
158
426
200
53
204
88
26
92
73
59
22
200
200
104
215
158
95
250
45
11
7
25
417
30
106
215
158
95
180
92
59
106
7
25
123
55
413
40
33
70
,170
65
200
July 1975
55
PUBLIC DEBT OPERATIONS.
Table PDO-8. -Foreign Series Securities (Nonmarketable)
Issued to Ofl'icial Institutions of Foreit;n Cou n lit's-Cont nued
t
(payable in U.S. Dollars; dollar amount:; Ln nullions)
MoiiUi of
i
Treasury Bulletin
^6
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
JV-^reign
Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign i-iyuntries— Continued
•)/
July 1975
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries-Continued
Treasury Bulletin
58
PUBLIC DEBT OPERATIONS.
Table PDO-8.
Issued
io Oflicial
-
iForeign Series Securities (Nonmarketable)
Institutions of Foreign Countries — Continued
July 1975
59
PUBLIC DEBT OPERATIONS
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries— Continued
(Payable in U.S. dollars; dollar amoxuits in millions)
Month of
Treasury Bulletin
60
Etzu-J s
'
ir: i
PUBLIC DEBT OPERATIONS.
.S3:;-:,-
Tablt PDO-8.
-
Foreign Series Securities (NoriKif j ketable)
l33iJod to Official Institutions of Foreign
Countries— Cc^itinued
(Payable in U.S. dollars; dollar amounts in millionf'i
Mciitr
rA'
July 1973
61
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries-Continued
t.
Month of
activity
Payable in U.S.
Securities
Bills
1975 -May.
Certificates of indebtedness
Hotes
Issue
date
dollars; dollar amounts in millions)
62
Treasury Bulletin
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS,
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries— Continued
(Payable in U.S. dollars; dollar amounts in millions)
63
July 1975
PUBLIC DEBT OPERATIONS,
Table PDO-9.
-
Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
{Dollar amounts in millions)
Treasury Bulletin
64
.PUBLIC
Tftfole
PDO-9.
-
DEBT OPERATIONS,
Foreign Currency Series Securities (Nonmarketabie)
Issued to Official Institutionp of Foreign Countries
(Dollar amounts in millions)
—Continued
J
)
.
.
65
July 1975
.UNH
are the only saving? bonds
Series E and Series H
Series E has
rently sold.
been on sale since May
sale since Jiine
and Series H has been on
A - D were sold fromMarohl, 1935
F and G were sold
Series
1952.
30,
Series
J
and
K
1,
April 30, 1957.
cvir-
1,
and December
1941.
September
Seles and Redemptions hy
Mrv and
195'\,
October 1961,
1970; and the Annual
June 1968,
and
Report of the Secretary of
the Treasury for fiscal years 1966 through 197^.
through
195?
maturities, and other terms appear in the
Treasury Bulletins of April 1951, May 1952, May 1957, October
through April
1941
Deta.'ls of the principai changes in issues,
interest yields,
1941,
Series
1952.
1,
were sold from May
-
1,
through April 30,
from May
Table SB-1.
STATES SAVINGS BONDS-
F-t
S-
;!jgh
June
30, 197&
(In millions of dwllars
Amounx ;utstandijih:
Series
Series
Series
Series
Series
Sales 1/
A-D 2/.
E and H
F and G
J and K
accr :.e:.
nedetnptione y'
discount
}M9
1,05-.
5,00>
179,306
222, 6ie
3,556
43,343
1,725
}98
215,206
AS, 720
260,9.'
28,3%
Total A-K
Sales plu."
Accrued
discount
luatured
Interest-
non- interest-
beari.ng debt
bearing debt
t
65,482
29,521
19
5
195,^17
65,482
Footnotes at end of Table 3S-A.
Table SB-2.
-
Sales and Redemptions by Periods, All Series Combined
fin milllnrii'i nf rinllnvs.^.
Redeniptions 1/
Period
Fiscal years
1935-6A....
1965
1966
1967
1968
1969
1970
1971
1972
1973
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
Price
y
Amount outstanding
Accrue
discount 2/
:
1974.'
Calendar years
1935-64
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
yontha
Matured
non- interes tbearing debt
Int-^-rest-
bearing debt
4
156,519
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,940
6,514
6,429
22,7?T
1,517
1,^54
1,626
1,735
1,789
1,841
2,056
2,310
2,564
2,749
179,246
6,060
6,204
6,592
6,473
6,338
6,291
7,138
8,249
9,078
9,178
129,807
5,346
5,724
5,922
5,962
6,339
6,743
5,425
5,338
5,586
6,681
117,73?
4,488
4.792
4,971
4,978
5,237
5.508
4,342
4,306
4,494
5,366
12 025
1,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
53.003
55,921
59,418
61.921
158,715
4,486
4,860
4,898
4,696
4,393
4,665
5,477
6,236
6,270
6.862
23,481
1,527
1,591
1,686
1,759
1,832
1,909
2,192
2,426
2,673
2,994
182,196
6,013
6,451
6,584
6,455
6,224
6,574
7,669
8,662
8,943
9,856
132,304
5,441
6,000
5,793
6,133
6,639
6,295
5,244
5,365
6,211
6,829
119,876
4,552
5,043
4,842
5,094
5,457
5,072
4,224
4,322
4,945
5,476
12,428
839
957
95i
1,04C
1,182
1,223
1.021
1,043
1,266
1.354
49,734
50,324
50,752
51,581
51,917
51,549
51,842
54,275
57,579
60,317
63,349
158
2aZ
878
616
496
112
61,921
29
312
853
821
768
822
792
726
592
474
533
458
436
367
425
11"!
54
62,183
62,339
62,533
62,811
63,144
98
63,349.
29
28
23
29
28
26
853
93?
951
1,003
1,102
1,240
1,083
1,03.^
I,0'y2
139
no
95
88
82
82
55
46
39
34
29
Ul
164
126
112
64
50
42
37
31
26
:
1974- June...
July.
Aug..
Sept.
Oct..
Nov.
Dec.
1975-Jaii.
541
574
509
558
550
447
247
259
265
242
279
Feb..
Mar..
Ap».
May..
745
592
55a
602
589
280
256
June.
565
292
.
Footnotes at end of Table SB-4.
298
256
267
666
574
543
461
523
1,043
848
821
882
666
536
486
523
378
410
845
857
482
469
379
369
534
410
13.-
116
10''
132
126
108
113
103
63,725
64,036
64,371
o4,73Q
f5,094
26
28
28
28
27
_22—
.
Treasury Bulletin
66
-UNITED STATES SAVINGS BONDS.
Table SB-3. Sales and Redemptions by Periods, Series E through
K
(In millions of dollars)
Period
Sales 1/
Accrued
discoiint
Sales plus
accrued
discount
ReiJemptions 1/
Sales
price
^
Series E and H combined
Fiscal .years:
1941-64
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
Calendar years:
1941-64
196S
1966
1967
1968
1969
1970
1971
1972
1973
1974
Months :
1974-June
July....
Aug
Sept
Oct
Nov
Dec
1975-Jan
Feb
Mar
Apr
May
June
.
Fiscal years
1941-64
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
.
.
':
Calendar years
1941-64
:
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
Months:
1974-JuQe
July
Aug
Sept
Oct
Nov
Dec
1975-Jan
Feb
Mar
Apr
May
June ....
120,61-1
20, 389
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939
6,514
6,429
1,502
1,542
1,619
731
788
841
056
310
122,815
4,486
4,860
4,
8^1.8
564
2,749
21
.
1
3o
1,514
1,580
1,680
1,757
1,832
6^6
4,393
4,665
5,477
6,236
6,270
6,862
2,192
2,426
2,673
2,994
636
242
4,
541
\:^m
Amount outstanding
Accrued
discount j/
Interest-beating
debt
Matured
non-interest/-
bearing debt
67
July 1975
-UNITED STATES SAVINGS BONDS
Table SB-3.
•
Sales and Redemptions by Periods, Series E through
K— Continued
(In millions of dollars)
Period
Fiscal Years:
Sales 1/
Accrued
discount
Sales plxiS
accrued
discount
Redemptions 1/
Sales
price 2/
Accrued
discount 2/
Exchange of
E bonds for
H bonds
Amount
outstanding
( inter 68 -U
bearing debt)
Treasury Bulletin
68
.UNITED STATES SAVINGS BONDS.
Table SB-4.
-
Redemptions of Matured and Unmatured Savings Bonds
69
July 1975
.UNITED STATES (SAVINGS NOTES.
United States savings notes were on sale May
through J one 30, 1970.
1,
demption
1967
and information on investment yields of savings
notes appear in
The notes were eligible for purchase
the Treasury Bulletins of March 1967 and
by individuals with the simultaneous purchase of Series E
June 1968; and in the Annual Report of the Secretary of the
savings bonds.
Treasury for fiscal year 1974.
The principal terms and conditions for purchase and re-
Table SN-1.
-
Sales and Redemptions by Periods
i
(In millions of dollars')
.
.
Treasury Bulletin
70
.OWNERSHIP OF FEDERAL SECURITIES
Table OFS-1.
-
Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
Interest-bearing public debt securities
End of
fiscal year
or month
Total
Federal
securities
outstanding
1966
1967
1968
1969
1970
1971
1972
1973
1974
331,28^
344,676
371,978
367,969
383,4^8
410,^92
Held by U.S. Government accounts
Nonmarke table
Total
outstanding
Total
469,251
487,081
315,431
322,286
344,401
351,729
369,026
396,289
425,360
456,353
473,238
64,316
71,809
76,138
84,815
95,170
102,883
111,460
123,385
138,206
1973-Dec..
481,485
467,827
129,641
1974 Jtey..
June.
486,659
487,072
472,741
July.
Aug..
Sept.
Oct..
Dec.
487,240
493,623
493,130
491,646
496,768
504,031
1975-Jan.
Feb..
Mar..
Apr..
May.
505,482
510,743
520,702
527,745
539,157
4 38,15.,
Nov.
.
Marketable
Government
account series
1/
Public
issues
held by
Federal
Reserve
banks
Q
6
Q
Q6
July 1973
71
.OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-2.
-
Estimated Ownership of Public Debt Securities by Private Investors
f
Par values 1/
^^i
billions of dollars)
Nonbank investors
Total
privately
held
Individuals 2/
commercial
banks
Savings bonds
2/'
Series
E and H
33.4
231.6
208.3
204.6
1°9."
194.3
196.3
194.8
199.8
106,7
203.8
1 QQ Q
207.1
203.0
207.0
198.5
200.5
194.6
197.9
197.8
204.5
206.4
212.7
,
206.7
210.0
208.0
214.8
214.3
219.5
21S.2
220.5
218.3
222.5
217.1
220.5
12.7
93.8
74.5
65.6
61.8
58.4
61.5
61.1
63.4
58.8
63.7
63.6
69.1
63.5
62.0
57.3
59.5
5f-.2
59.5
65.2
67.5
61.5
60.3
55.3
62.1
62.5
67.2
65.1
67.1
64.3
64.2
60.2
20.7
137.9
133.8
139.0
138.0
136.0
134.8
133.7
136.4
137.9
140.2
:36.3
138.0
1 39'.
5
145.0
141.2
141.0
138.5
138.4
132.5
137.0
144.8
152.5
151.4
148.0
145.5
147.7
149.2
152.3
15 ^
.
°
!.-'
°.4
63.9
64.1
67.4
66.3
65.4
64.6
64.8
65.2
66.1
64.8
64.8
63.5
65.2
65.0
66.6
65.9
66.3
64.9
64.4
63.7
66.3
69.4
30.8
30.3
34.5
34.5
34.5
34.7
34.9
35.3
36.0
36.7
37.5
38.2
39.3
40.1
40.9
41.4
41.'">
41
.
42.1
42.5
42.6
42.4
60.7
42.5
66.1
42.9
43.6
64.6
65.8
65.5
65.9
65.9
68.0
68.5
69.5
70.7
71.9
44.2
44.6
45.1
46.0
46.7
47.3
47.9
48.3
48.8
63.9
58.2
60."
156.3
158.2
158.6
158.°
159.8
'4.8
"7.4
55.5
63.8
59.7
66.0
55.3
56.8
52.6
62.7
158.7
161.8
152.2
158.7
15Q.5
162.5
159.5
165.3
165.5
167.2
72.8
74.2
70.4
73.5
74.2
75.1
77.3
80.8
81.8
61.0
65-3
168.7
182.6
75.4
i47.9
73.2.
52.5
53.8
244.4
262.5
60.
183.
67.7
194.8
73.2
73.9
55.4
57.1
60.3
201.4
75.9
77.3
58.
261.7
261.2
261.1
263.8
260.7
259.4
256.4
60.2
59.0
59.5
56.3
54.4
53.2
201.0
202.1
204.3
204.0
205.0
203.2
77.4
77.9
78.4
79.2
80.0
80.7
60.0
60.3
60.6
60.9
61.2
61.4
259.7
25Q.O
260.1
262.5
265.3
53.9
53.0
52.9
53.5
54.5
56.5
205.8
206.0
207,1
20Q.0
210.8
214.5
81.6
61.7
82.6
83.3
83.3
84.3
84.8
61.8
62.0
62.3
62.7
62.9
54.5
56.9
219.2
222.0
227.8
227.9
85.3
85.3
85.7
86.1
236.0
86.5
63.2
63.5
63.9
64.2
64.6
213.4
21Q.2
207.''
222.4
21Q.2
228.5
214.8
222.0
218.0
229.9
229.7
200.
271.0
273.8
278.9
289.8
290.9
301.7
62.0
63.0
65.7
81.2
Other
Other
eecuSeries 7/ rities
49.2
49.8
50.4
50.9
51.1
51.4
51.2
51.1
50.8
51.4
59.8
Insurance
companies
ings
banks
Corporations 4/
State
and
local
governments
Foreign
and international
5/
Other
investors
6/
Treasury Bulletin
12
.TREASURY SURVEY OF OWNERSHIP MAY
The monthly Tteasury Survey of Ownership covers securi-
ig'tl
31, 1975.
Treasury Bulletin, for corporations and savings and loan
ties issued by the United States Government, Federal agencies,
associations in the September I96O Bulletin, and for State and
Federally -sponsored agencies, and the District of Columbia.
local governments in the February I962 Bulletin.
The banks and insurance companies included in the Survey cur-
rently account
Holdings
for about 90 percent of all such securities
held by these institutions.
The
si
im"
Islt
by commercial banks distributed according
Federal Reserve member bank classes and nonmember banks are
proportion for cor-
porations and for savings and loan associations is 50 percent,
published for June 30 and December 3I.
and for State and local governments, 70 percent.
ate pension trust funds
Data were
pearing in the March
first published for banks and insurance companies in the May
Table TSO-1.
-
Summary
(Par values
-
to
195*+
of Federal Securities
in millions of dollars)
are
Holdings by corpor-
published quarterly, first ap-
Bulletin.
:
:
73
July 1975
.TREASURY SURVEY OF OWNERSHIP MAY
Table TSO-2.
-
31, 1975.
Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values
-
in ndlljons of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Total
amoxmt
outstanding J/
Classification
By type security
Issued by U.S. Government:
Treasury bills
Treasury notes
Treasury bonds
U.S. Government accounts and
Federal
Resei^e
banks
5,562
47-;
commercial
banks
mutual
savings
banks
2/
2/
-i-iS
289
life
fire,
casualty,
and
marine
486
savings
and loan
associations
State and local
governments
459
corporations
187
315
general
funds
pension
and retirement
funds
Held by
all
other
investors
y
:
131,541
36,839
38,680
52,268
14,789
8,527
40,424
2,115
224
1,571
481
179
352
2,170
3U,3S6
105,737
51.065
2.276
2.700
IoNj^'''
49,294
36,698
10,414
5,311
2,327
1,694
18,377
27,433
4,344
534
304
512
,067
242
646
705
771
89
247
U6,505
Total
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
271
,759
807
325
1.540
347
2.421)
3.?:<i
3,474
2,094
1,177
2,212
187
178
978
"4-
77,254
43,089
13, "S"
.I'V'
:
102,375
24,188
13,197
5,360
4,410
Total
74
346
208
82
62
619
,214
539
630
1,209
235
338
99
29
103
21
15
288
183
251
94
4.238
1,684
38
14
97
285
354
S'J
1J^.7J7
Maturity classes (final
maturity)
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over
Total
164,160
100.926
26.834
6,135
8,413
8,418
48,786
36,416
11,204
2.066
3,580
3,685
18,309
27,359
4,487
314,886
105,737
501
.055
2C8
1,022
564
249
294
'!
398
290
360
169
6b
117
51,065
2,276
2 700
.837
223
585
3' 3
.
I06
186
114
61-<
3.284
4 Y^2
l.l'--'.
2 174
1.601
263
35
17
43/
.
Footnotes at end of Table TSO-5.
Table TSO-3.
-
Interest-Bearing Marketable Public Debt Securities by Issue
(Par values
-
in millions of dollars)
313
159
110
379
254
127
30,083
6,958
5,105
2,051
2.960
I.3..3
1;-.1;t
,
29,487
7,927
2,515
^.316
3,384
15.'.
2'.3
132
6
.
"4^.
1.34?
134.100
..:
Treasury Bulletin
74
.TREASURY SURVEY OF OWNERSHIP MAY
Table TSO-3.
-
31, 1975,
Interest-Bearing Marketable Public Debt Securities by Issue— Continued
(Ear values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/
Treasury Notes (Continued):
1976-M
May
6
1976-B
May
6-1/2
1976-1
June
8-3/4
1976-L
Aug
5-7/8
1976-0
Aug.
6-1/2
1976-C
Aug
7-1/2
1976-J
Sept.
8.25
1976-D
Nov.
6-1/4
1976-N
Nov.
7-1/8
1976-K
Dec .
7-1/4
1977-F
Feb.
6
1977-A
Feb,
8
1977-0
Mar.
6-1/2
1977-H
Apr.
7-3/8
1977-1
May
6-3/4
1977-C
May
6-7/8
1977-D
May
9
1977-B
Aug.
7-3/4
Nov
1977-E
7-3/4
Feb.
1978-A
6-1/4
1978-D
May
7-1/8
1978-E
Aug.
7-5/8
1978-C
Aug
8-3/4
1978-B
Nov
6
197Q-D
May
7-7/8
197g-A
Aug.
6-1/4
1979-B
Nov
6-5/8
Nov.
1979-C
7
1980-A
May
6-7/8
198Q-E
Aug .
9
19S1-A
Feb
7
1981-C
Feb
7-3/8
1U81-B
Nov.
7-3/4
1982-A
May
8
Exchange Series
.
.
1
,
1
.
5
,
163
,
57b
3,069
399
1,''7'J
1
2,134
4'^
^r,')
*29
,918
,630
,389
,960
,155
,462
,207
,269
,559
,604
,241
,265
,296
,842
,168
,477
,746
113
.
.
4
3-1/2
7
6-3/8
6-3/8
3-1/4
6-1/8
4-1/4
4
7-1/2
4-1/8
3-1/2
8-1/4
6-3/4
7
8-1/2
3
7-7/8
3-1/2
8-1/4
Feb.
Nov.
Aug.
Feb
Aug .
.
May
Nov.
Aug.
Feb.
Aug.
May
Feb.
May
Feb
.
May
May
Feb.
Feb.
Nov.
May
'
1975-85
1978-83
1980
l:'80
1981
1982
1984
1985
1986
1987-92
1988-"^3
198i-93
1989-94
1990
1990
1993
1993-98
1994-99
1995
1995-2000..
1998
2000-05
Total Treasury Bonds
Total marketable public debt
securities
Footnotes at end of Table TSO-5.
122
321
718
56
1,863
1,629
418
345
134
247
164
2
.
Total Treasury Notes
^07
l.ob''
.
Treasury Bonds
May
4-1/4
.Tune
3-1/4
580
2,6^7
2,703
1,662
3,883
4,194
2,023
4,325
S. Government accounts and
Federal
Reserve
banks
U.
146
530
2,967
1.635
1,187
3,408
824
2,425
618
3,600
428
1,759
1,125
427
5,532
2,579
489
606
1,670
1.264
5,562
commercial
banks
savings
banks
u
2/
nrutual
754
819
873
920
921
1,575
304
1,054
637
674
1,045
694
870
1,021
699
1,255
1,263
1,756
1,783
1,282
750
1,783
1,186
795
203
939
733
592
342
525
1,133
316
36.839
314,
282
862
749
407
27
21
32
38
33
13
20
47
19
18
51
38
86
47
61
25
61
47
34
4
98
4
52
58
4
2
2
34
2
la
1
21
5
52
8
16
2
52
139
65
14
33
30
32
17
42
86
58
141
34
20
371
2
2
-
3
10
25
3
3
1
431
'.170
2
3
84
77
17
2
17
10
36
61
3
14
33
71
90
1
1
12
9
1
1
4
3
1
4
16
10
43
19
16
14
1
6
1
20
18
44
5
83
253
111
*
5
1
12
13
4
30
77
13
10
135
*
3
5
42
19
128
16
17
13
9
20
22
47
3
1
16
66
7
27
35
1
5
146
lOi
27
39
80
71
23
1
14
24
143
22
42
22
105
347
218
978
12
10
71
21
35
68
61
46
93
21
100
63
10
15
177
17
53
17
3,231
4
2
50, 'J
150
16
16
107
29
1
29
8
9
20
23
12
10
11
81
52
76
141
14,789
38
78
5
214
11
26
33
41
8
13
7
122
1
3
62
31
23
30
4
53
36
13
17
188
8
130
28
9
40
519
37
19
S
11
23
28
175
71
11
1
25
134
201
33
37
5
13
77
18
49
32
54
9
51
17
2
41
90
83
38
186
105
108
79
11
99
3
3
17";
47
56
SI
58
41
140
120
42
87
45
39
45
41
91
107
52
15
15
11
69
20
24
170
94
28
190
187
pension
315
general and refunds
tirement
funds
83
33
50
1,75''
233
148
25
31
79
56
45
25
61
11
60
352
11
12
1,377
105,737
5
35
1
corporations
7
79
8
2i
21
72
12
63
19
459
166
94
77
16
44
20
39
33
28
79
52
74
51
39
26
18
18
41
15
7
27
202
310
1,419
134
262
841
853
3
8
52
9
22
524
52
7
55
40
24
22
40
savings
and loan
associations
27
18
11
1,04'T
884
1,435
70
1,190
550
1,130
fire,
4')
1
l,l'''b
1,450
2,567
1,893
807
2,702
2,353'
905
1,216
3,563
223
1,914
1,361
3,672
1,247
627
692
2,414
725
902
2,810
1,600
'^'^'i
casualty,
and
marine
21
30
50''
,
State and local
governments
Insurance companies
^74
10
21
6
26
36
3
4
13
89
5,869
6,74b
1,343
:
July 7975
75
^TREASURY SURVEY OF OWNERSHIP, MAY
Table TSO-4.
-
Government Agencies
Securities Issued by
(Par values - in mill
31, 1975
ioii:^
of dollars)
Held by investors covered in Treae\iry Survey
Total
Export-Imrxjrt Bank
Insurance companies
U.S. Govern-
ment acoutstand- counts and
Federal
ing
Reserve
1/
banks
aiTOUnt
Issue
5,562
commercial
banks
2/
47A
mutual
savings
banks
2/
289
life
443 fire,
casualty,
and
marine
:
Debentures
Eec.
1976
5.70%
Aug.
1977
6-lA
Feb.
1978
6.45
1Q78
Aug.
8.35
Nov.
1978
7.30
Mar.
7
197?
6.60
May
1979
Issues to State and Local Govts,
(Mtg. Backed Bonds) 7/
Participation Certificates
,
Total
300
400
300
300
31)0
12
4!iu
27
30
100
126
141
129
166
129
70
139
937
70
36
25
349
154
200
7
22
6
12
8
1
1
13
143
37
:
AyZtO
:
.
250
:
:
Total
Total Govemment agency securities
covered by survey
13
6
250
2,593
Federal Housing Administration:
( Debentures )
GovernjDent National Mortgage
Association
Participation Certificates
P ostal Service
Bonds:
6-7/S
Feb
1982-97
Tennessee Valley Authority
Bonds
June
1975
8-3A
July
7-lA
1976
8.10
Apr.
1979
Nov.
4.40
1985
4-5/8
July
1986
4-1/2
Feb.
1987
5.70
May
1992
6-3/8
Nov.
1992
8-1/4
Oct.
1994
Mar.
9
1995
9-1/4
June
1995
Oct.
7.30
1996
7
Jan.
1997
7.35
May
1997
7.35
July
1997
Oct.
7.40
1997
Jan.
7.35
1998
Apr.
7.35
1998
July
7-3/4
1998
7.70
Oct.
1998
8.05
Jan.
1999
24
50
100
100
15
9
50
50
45
70
60
100
100
2
50
1
15
17
It
150
150
150
150
150
100
150
150
100
100
3
3
3
18
25
34
1
1
2,125
9,702
17
18
15
6
2,030
133
134
1,468
389
;
Treasury Bulletin
16
TREASURY SURVEY OF OWNERSHIP, MAY
Table TSO-5.
-
31, 1975.
Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par value - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amoiint
Issue
outstanding
Banks for Coot)eratives
Debentures:
8.05
June
July
7.40
7.05
Aug.
6.05
Sept.
Oct.
5.85
Nov.
6.15
7.70
Apr.
Oct.
8
Banks
Discount Notes
Federal
Reserve
banks
1975
1975
1975
1975
1975
1975
1977
1979
8/
8/
8/
8/
8/
323 8/
546
493
488
407
344
commercial
banks
2/
7
8
25
8
82
57
65
51
62
53
101
64
69
536
19
3
200
201
,
.OTl 8/
ban3is
2/
289
life
486
savings
443 fire,
and loan
casualty,
associaand
tions
marine
6
9
6
9
11
1
:
,
Farmers Home Administration
Insui'ed Notes;
6^5/8
Aug.
1976
Mar.
6.35
1977....
June
6.45
1977....
Aug.
^7/8
1977
Dec.
6.55
1977....
Mar.
7.20
1978....
May
7-1/4
1978
July
1978
7.35
Deo.
7.30
1978-CBO
Jan.
8.90
1980....
7
Nov.
1980....,
Mar.
6.40
1981....
7-7/8
June
1981
7.10
Jan.
1982
8-5/8
July
1985
7-1/2
Aug.
1986
7-1/8
Dec.
1987
7-1/2
Mar.
1988
7-1/2
May
1988
Dec.
1988- CBO
7-3/4
Apr.
9
1989-CBO
107
38
:
Total
Federal Home Loan Banks
Discount Notes
Bonds
7.15
Aug.
1975
7-7/8
Aug.
1975
7.95
Aug.
1975
6-1/2
Nov.
1975....
Nov.
7.05
1975
Nov.
9.10
1975....
7-3/8
Feb.
1976
8.70
Feb.
1976....
8.75
Feb.
1976....
Feb.
9.2
1976....
May
7.20
1976
May
7.45
1976....
7.80
Aug.
1976
Aug.
1976
9.55
8.60
Nov.
1976
Nov.
9.55
1976....
7.20
Feb.
1977
8.05
Feb.
1977
6.95
May
1977
8.70
May
1977....
7.15
Aug.
1977....
8.80
Aug.
1977
6.75
Nov.
1977
7.45
Nov.
1977
Nov.
9.15
1977
9-3/8
Feb.
1978
7.60
May
1978....
9.10
Nov.
1978
Feb.
8.65
1979
Feb.
1979
9.45
8.65
May
1979....
8.75
May
1979....
9.50
Aug.
1979
7.50
Nov.
1979
8.15
Nov.
1979
7.05
Feb.
1980
Feb.
7.75
1980....
7.80
Oct.
1980....
6.60
Nov.
1981....
8.65
Nov.
1981....
150
400
300
403
403
300
301
301
300
150
300
200
250
3^0
300
150
201
201
200
200
200
14
10
16
30
9
10
12
16
43
3
87
122
134
171
150
101
119
104
lo4
66
66
62
77
22
10
23
3
3
10
38
16
47
,558
1,595
344
55
10
25
21
1
13
3
2
38
20
5
3
1
5
2
5
5
21
8
34
37
18
14
38
25
20
8
10
31
14
17
49
25
6
1
13
2
2
43
:
Footnotes at end of table.
400
503
3(30
350
eoo
700
300
4013
47
21
47
15
29
11
16
9
300
llT)
11
600
300
500
700
rOO
500
500
500
200
500
299
too
300
300
700
400
500
497
538
596
499
29
39fa
491
484
494
300
350
200
200
400
9
10
24
19
45
22
25
2
17
21
78
3
12
33
10
24
33
70
82
24
49
29
37
46
42
14
9
50
State and local
governments
Insurance companies
474
mutual
savings
:
Total
Fanii Ci'edit
U.S. Government accounts and
83
113
41
74
157
118
10
11
15
21
13
75
56
66
92
178
99
155
152
142
98
209
149
46
115
79
157
82
113
IS4
204
145
121
129
200
145
70
69
134
97
108
40
40
55
78
21
5
6
11
3
15
8
12
17
13
23
9
34
4
3
16
12
17
10
10
10
22
6
13
24
16
7
9
19
7
24
1
245
459
corporations
187
315
general
funds
pension
and ret irement
funds
.
.
July 1975
77
TREASURY SURVEY OF OWNERSHIP, MAY
Table TSO-5.
-
31, 1975.
Securities Issued by Government-Sponsored Agencies
and the District of Columbia— Continued
(Par value - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand-
U.S. Government accounts and
ing
Federal
Reserve
banks
State and local
governments
Insurance companies
commercial
banks
2/
474
mutual
savings
banks
2/
289
life
486
savings
/,0 fire, and loan
casualty,
associaand
tions
marine
459
corporat ions
315
general
funds
187
pension
and retirement
Held by
all
other
investors 2/
funds
Federal Home Loan Banks (Continued)
Bonds:
May
1983
7.30
7-3/8
Nov.
1983
7-3/8
Nov.
1983-93
May
8.75
1984
raiMC Mtg Backed Bonds: J/
Aug.
7.05
1976.
Feb.
6.15
1977
8.60
Nov.
1976-95.
1977-86.
Aug.
7.75
May
1983-97.
7.15
raiMC Mtg Backed Certificates;
8.20
Mar.
2005.
Issues to State and local govts.. .J/^/
177
300
400
3a3
400
350
140
150
150
14
29
90
Total.
Federal Land Banks:
Bonds:
Feb.
4-1/8
5.70
July
July
8.30
Oct.
7.;
.20
7.,
Oct.
.40
6.,
.25
Jan.
.20
Jan.
9..
Feb.
5
evl/4
Apr.
Apr,
8-1/4
5-3/8
July
7.05
July
7.15
Oct.
Jan.
7.45
3-1/4
Apr.
7-1/2
July
Oct.
6.35
8.70
Jan.
5-1/8
Apr.
7.60
Apr.
6.40
July
9.15
July
Oct.
7.35
5
Jan.
7.10
Jan.
6.85
Apr,
7.15
July
6.80
Oct.
6.70
Jan.
7-1/2
July
8.70
Oct.
6.70
Apr.
9.10
July
7.80
Jan,
6.90
Apr.
8.15
Apr.
7.30
Oct.
7.30
Oct.
65
9
52
4
6
26
17
152
86
4
9
11
13
11
4
6
300
363
5,042
616
165
102
74
101
197
101
127
152
195
68
123
82
97
146
147
15
11
7
6
11
15
16
9
3
1
2
6
24
12
10
4
7
7
8
44
6
2
2
10
1
36
1--5
4
360
891
742
1,336
5
10
12
7
29
Total.
Footnotes at end of table.
112
93
113
202
154
11,023
8/
734
302
786
7.30
795
543
819
926
,087
267
920
236
321
406
410
15
16
34
22
27
6
30
45
4
10
45
15
2
2
2
1
1
1
17
7
3
3
11
22
10
3
9
8
9
21
33
16
14
11
43
5
48
102
67
93
14
124
1
15
9
1
11
14
14
6
21
23
2
148
425
300
30]
362
300
651
123
47
34
108
53
49
119
72
92
11
100
94
12
96
126
206
137
149
101
116
16
256
90
69
212
50
102
49
132
146
96
76
73
45
28
47
32
49
33
31
57
698
,340
1
7
14
32
5
373
15
400
150
360
450
750
1
5o''
5=-0
3ca
546
150
714
269
350
514
300
4OT
3-00
250
400
224
265
400
200
300
239
300
13,802
26
36
2
42
38
29
20
3
3
2
10
17
17
10
36
56
3
3
77
5
21
5
4
50
8
12
5
10
8
14
7
5
6
6
10
133
193
199
714
5,848
1
74
200
221
218
192
139
427
88
197
256
114
185
225
455
344
243
149
374
96
360
130
251
206
368
115
132
165
139
157
145
213
143
195
228
132
233
147
166
20
40
1
11
6
1
15
1
1
3
48
9
17
10
65
3
26
14
4
4
2
3
18
22
10
21
1
22
17
37
15
21
10
3
1
1
10
2
2
2
*f
22
6
1
19
3
4
7
9
6
14
5
27
5
10
8
54
1
7
6
10
8
2
31
13
30
20
10
69
20
13
3
3
4
2
18
15
13
7
18
15
12
U
1
2
1
36
2
10
29
19
4
2
4
3
6
2
10
10
4
12
*
4
5
3
6
13
14
10
15
24
10
3
1
5
9
15
1
14
2
22
1
3
9
10
*
3
2
5
3
1
2
3
1
1
1
6
4
1
25
416
466
29
155
631
108
169
7
1
532
628
686
5
14
1
2
25
2
9
23
23
30
6
18
5
18
57
7
10
12
8
2
1
493
124
571
565
496
365
15
81
71
11
9,333
1973-78.
1975
1975
1975
1975
1976....
1976
1976, . .
1976
1976
1976
1976
1976
1977
1977
1977
1977
1978
1978
1978
1978
1978
1978
1979
1979....
1979
1979
1979
1980
1980
1980
1981
1981
1982
1982
1982
1982
1983
18
16
34
111
157
158
203
206
169
3
10
6
2
1
10
Total
Federal Intennediate Credit Banks
Debentures:
9.80
June
1975.
5.70
July
1975.
July
1975.
9.60
Aug.
1975.
8.45
8.05
Sept,
1975.
Oct.
7.35
1975.
Nov.
7.05
1975.
Deo.
1975.
6.15
Jan.
1976.
6.05
Jan.
6.65
1976.
6.60
Feb.
1976.
Jan.
7.10
1977.
8.70
Apr.
1977.
Jan.
7.10
1978.
Jan.
1979.
7.40
37
107
28
3
366
4
3
,821
Treasury Bulletin
78
TREASURY SURVEY OF OWNERSHIP, MAY
Table TSO-5.
31, 1975,
Securities Issued by Government-Sponsored Agencies
and the District of Columbia— Continued
-
(Par value - in millions of dollars)
.
.
July 1975
79
.TREASURY SURVEY OF OWNERSHIP, MAY
31, 1975
Footnotes to Treasury Survey of Ownership Tables
1/
2/
2/
^
Securities issued by the Treasury and Government agencies that are
classified as debt under the new unified budget concept. For debt
subject to limitation, see Table FD-9.
Includes trust departments
Included with all other investors are those banks, insurance companies
savings and loan associations, corporations, and State and local
government funds not reporting in the Treasury Survey. Also included
are certain Government deposit accounts and Government-sponsored
agencies.
Data on the holdings of nonmarketable Public Debt were no longer
collected beginning with July 1974 Treasury Survey of Ownership.
5/
6/
7/
3/
9/
*
Includes Export- Import Bank and Government National Mortgage Association participation certificates.
Includes matured securities outstanding on which interest has ceased,
Direct placements with State and local government with various
interest rates and maturity dates.
Includes securities issued for use as collateral for ehort-tenn
borrowings
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.
Less than $500,000.
Treasury Bulletin
80
.MARKET QUOTATIONS ON TREASURY SECURITIES, JUNE
Current market quotations shown here are over-the-
30, 1976.
listed include all regularly quoted public marketable secu-
Securities
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.
The securities
States Government are excluded.
July 1975
81
.MARKET QUOTATIONS ON TREASURY SECURITIES, JUNE
Table MQ-2.
-
Treasury Notes— Continued
30, 1975.
82
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES. JUNE
IT)
o
CO
LU
^
CO
UJ
2
.9
^
tl
=>?
o
LU
-^
^
C/)
55
>--e
=) o
CO "O
LL
O
CO
Q
_i
UJ
>
30, 1975-
.....
.
July 1975
83
AVERAGE YIELDS OF LONG -TERM BONDS
Table AY-1.
Treasury
bonds 1/
-
Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds by Periods
Aa new
corporate
bonds 2/
S.
I.
A.
new Aa
municipal
bonds 2/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
S.
I.
A.
new Aa
namicipal
bonds }/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
Monthly series - averages of daily or weekly series
1%7
1964
Jan.
Feb.
Mar.
Apr.
May.
4.15
4.50
4.39
4.
June
4.1.<
4.45
4.48
4.48
4.50
July
4.1"'
Aug.
4.1.4
It'
4.1^
Sept
4.1':'
Oct.
4.16
4.12
4.14
Nov..
Dae.
y
4.44
4.44
4.49
4.49
4.48
4.49
3.08
3.05
3.15
3.18
3.15
4.40
4.47
4.45
4.51
4.76
5.53
5.35
5.55
5.59
.1.20
4..i-Vj
.1.06.
.1.10
3.10
3.15
3.15
3.12
3.10
July.
Aug.
Sept.
Oct.
Nov..
1.,
16
l?
1^
14 1/
14
1'.
4.95
4.99
5.19
5.44
5.36
July.
Aug..
Sept.
Oct..
Nov..
Dec.
4.35
5.97
5.92
5.84
5.71
5.75
5.96
5.94
7.02
3.20
3.15
3.30
3.30
3.35
3.45
5.09
5.04
5.09
5.24
5.36
5.66
6.91
6.54
6.69
6.88
7.00
7.28
4.45
4.20
4.30
4.30
4.50
4.63
5.91
5.78
5.56
5.46 A/
5.48
5.62
3.65
3.63
3.65
5.74
5.86
6.05
5.84
5.85
6.05
7.29
4.75
7.33
7.76
7.54
7.62
8.04
4.80
5.10
5.62
5.67
5.66
5.74
5.64
8.06
8.05
8.36
S.46
S.94
9.22
5.60
5.90
6.57
6.57
6.80
6.79
7.00
1969
3.45
3.60
3.70
5.81
6.04
6.14
6.04
6.11
5.9S
3.80
4.10
3.93
3.85
3.90
3.80
4.65
6.75
6.63
6.59
6.24 5/
3.85
4.57
4 66
4 71
4 70
5.09
5.33
5.38
5.55
5.67
4.cO
4. "9
4.70
4.00
4.10
4.30
4.10
4.25
4.35
4.23
4.37
4.47
4.'j1
4.6.!
6.30
6.33
6.53
6.87
6.93
5.18
5.16
5.39
5.28
5.40
5.23 i/
4.9.3
4.55
4.57
9'-»
3.00
3.08
3.10
3.05
3.10
3.20
4.43
4.6..!
6,
1968
1966
Jan.
Feb..
Mar..
Apr.
May.
June.
:.90
4.45
4.45
4.49
4.48
4.52
4.57
4 ,75
4 92
Dec.
3.55
3.83
3. SCI
1965
Jan.
Feb..
Mar..
Apr.
May..
Jxme,
5.90
1970
6.86
6.44 1/
6.39
6.53
6.94
3.40
3.50
3.50
6.07
6.02
6. 32
6.27
6.52
6.81
5.13
5.20
5.60
6.05
5.90
6.05
6.65
5.59
5.59
5.59
5.70
5.69
5.51
5.63
V
S.
I.
A.
new Aa
municipal
bonds 2/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
S.
I.
A.
new Afl
municipal
bonds 2/
84
Treasury Bulletin
85
July 1973
.EXCHANGE STABILIZATION FUND,
Table ESF-1.
Balance Sheets as of June 30, 1974 and March
-
1975p
July 1, 1974 through
March 31, 1975p
June 30, 197A
Assets, LlaMlities, and Capital
31,
March 31, 1975p
CaEh:
Account of U.S. Treasury (includes Undeposited Collections)
Federal Reserve Bank of New York, special account.
Imprest fund.
(893,184.31)
(149,891,976.82)
$556,175.29
229,860,395.95
Total cash.
Special drawing rights 2/
Special account of Secretary of the Treasm-y with Federal Reserve Bank of New York - Gold
$230,416,571.24
(150,785,161.13)
2,194,738,430.58
228,247,949.47
79,631,410.11
2,422,986,430.05
(85,278,322.445
85,278,322.44
Foreign exchange due from foreign banks: 1/
Banque de France
Banque Nationale de Belgique
Bank of Canada
Deutsche Bundesbank
Bank of England
Banca d' Italia
Sverlges Riksbank
Banque Nationale Suisse
Bank for International Settlements
(337,009 ,02)
79,968,419 ,13
266,791.11
22,080.58
244,710.53
22,309.07)
(102,980.05)
(2,886,362.14)
(246,399.15)
(5,618.79)
(5,697.53)
(11,336.79)
22,309.07
102,980.05
2,900,634.40
246,399,15
5,618.79
5,697.53
11,336,79
14,272.26
Investments in:
Government securities.
Foreign secxjrities
U.S.
Accounts receivable.
Furniture and equipment (includes automotive eqmpment)
Less allowance for depreciation
412,199.10
175,775.83
50,000.00
18,000.00
Buildings
Less allowance for depreciation.
2,363,944,975,47
214,599,081.63
2,578,544,057.10
23,971,999,00
80,393,477.91
104,365,476.91
236,423.27
32,000.00
17,285.45
15,566.07
1,719.38
(1,350.00)
429,484.55
191,341.90
238,142.65
50,000.00
19,350.00
30,650.00
100,000.00
100,000.00
Land,
4,902,258,458.31
283,918,771.88
5,186,177,230.19
Accounts payable.
9,918,530.64
103,138,953.21
113,057,483.85
Special deposit accounts
3,000,000,00
Total assets.
Liabilities and Capital
(3,000,000.00)
1,162,000,000.00
400,000,000.00
1,162,000,000.00
400,000,000,00
Advances from U.S. Treasury (U.S. drawing on I.M.F.
Special drawing rights certificates
Deferred liability - Foreign Exchange Revaluation
Special drawing rights allocations
Capital account
Deduct subscription to International Monetary Fund.
2,767,338,843,93
,000,000,000,00
,800,000,000.00
Net income (see Table ESF-2)..
Total liabilities and capital.
4,902,258,458.31
Note:
Annual balance sheets for fiscal years 1934 through 1'.'40 appear
in the 1940 Annual Report of the Secretary of the Treasury snd those for
succeeding years appear in subsequent reports
Quarterly balance sheets
beginning with December 31, 1938 have been published in the TreaS'jry
.
Bulletin.
1/ Excludes foreign exchange transactions for future and spot delivery.
2,000,000,000.00
1,800,000,000.00
200,000,000.00
360,001,083,74
2,861,665,818.39
94,326,974.46
89,452,844.21
283,918,771.
200,000,000.00
449,453,927.95
5,186,177,230.19
2/ Beginning July 1974, the IMF adopted a technique for valuin,- the SDR
based on a weighted average of exchange rates for the currencies of 16
member countries. The United States SDR holdings and allot ations are
valued on this basis beginning July 1974.
Preliminary.
p
Treasury Bulletin
86
.EXCHANGE STABILIZATION FUND,
Table ESF-2.
Classification
-
Income and Expense
87
July 1975
.INTERNATIONAL FINANCIAL STATISTICS.
The tables in this section are designed to provide data
on United States reserve assets and liabilities and other
statistics related to the United States balance of payments
A number of changes
and international financial position.
were introduced in the May 1967 and July 1972 issues of the
Bulletin to increase the usefulness of this section.
Table IFS-l shows the reserve assets of the United States,
including its gold stock, special drawing rights held in the
Special Drawing Account in the International Monetary Fund,
holdings of convertible foreign currencies, and reserve position in the International Monetary Fund.
Table IFS-2 brings together statistics on liquid and
nonliquid liabilities to foreign official institutions, and
liquid liabilities to all other foreigners, which are used
In the United States balance-of-payrnents statistics.
Table IFS-l.
-
Table IFS-3 presents an area breakdown of United States
liquid and nonliquid liabilities to off icial institutions of
foreign coxmtries.
Table IFS-; 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-6 presents United States net monetary gold
transactions with foreign countries and international and
regional organizations.
Table IFS-7 presents a measure of weighted-average
changes in exchange rates between the United States dollar
and the currencies of certain other countries.
U.S. Reserve Assets
(In millions of dollars)
Treasury Bulletin
88
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-2.
-
US. Liquid and Other
Liabilities to Foreign Official Institutions,
and Liquid Liabilities
Other Foreigners
to All
(In raiilions of dollars)
Liabilities to foreign countries
Liquid
liabil-
Liquid
ities
to IMF
End of
calendar
year
or month
arising
from
gold
transactions 1/
Total
Shortterm
liabil-
Marketable
U.S.
ities
Ti'easury
reported
by banks
in U.S.
bonds
and
notes
2j'
Nonmarketable
convertible U.S.
Treasury
bonds
and
notes
Liquid
liabilities
to nonmonetary
internaMarkettional
able
and reU .S
gional
Gov't,
organibonds
zations
and notes
8/
Liquid liabilities
to other foreigners
Official institutions 2/
Other
readily
marketable
liabilities
^
Nonmarketable
nonconvert
ible U.S.
Treasury
bonds and
notes 5/^
Liquid
liabil-
Shortterm
liabil-
ities
to
banks 6/
ities
reported
by banks
in U.S.
2/2/
n.a.
n.a.
2,940
2 252
966
3,472
3,520
4,678
2^430
2,399
n.a.
n.a.
541
764
1,047
1,190
866
876
4,318
4,818
2,773
2,780
2,230
2,230
543
550
1,525
1,541
10,940
10,940
890
890
5,404
5,494
2,871
2,873
2,355
2,357
516
516
1,948
1,949
12,948
12,914
11,997
11,963
751
751
200
200
5,346
5,346
3,013
3,013
2,565
2,565
448
448
2,161
2,195
800
800
14,459
14,425
12,467
12,467
1,217
1,183
703
703
63
63
5,817
5,817
3,397
3,387
3,046
3,046
351
341
1,960
1,965
800
800
15,790
15,786
13,224
13,220
125
125
,079
,079
158
158
204
204
7,271
7,303
3,730
3,753
3,354
3,377
376
376
1,722
1,722
29,569
834
15,826
13,066
1,105
334
7,419
4,059
3,587
472
1,431
1,011
1,011
14,841
14,896
12,484
12,539
860
860
256
256
913
913
328
328
10,116
9,936
4.27:
lO/'
31,145
31,020
4,272
3,743
3,744
528
528
906
905
1967 10/
35,819
35,667
1,033
1,033
18,201
18,194
14,034
14,027
90S
908
711
711
1,807
1,807
741
741
11,209
11,085
4,685
4,678
4,127
4,120
558
558
691
677
1968 10/
38,687
38,473
1,030
1,030
17,407
17,340
11,318
11,318
529
462
701
701
2,341
2,341
2,518
2,518
lli.UTS
14,472
5,053
4,909
4,444
4,444
609
465
725
722
23,638
23,645
4,464
4,589
3,939
4,064
525
525
659
663
'-.47
565
844
846
200
200
500
n.a.
n.a.
10,120
7,917
8,665
9,154
21,027
800
800
11,078
11,083
10,212
10,212
1961 10/.
22,853
22,936
800
800
11,830
11,830
1962 10/.
24,263
24,268
800
800
1963 10/.
26,433
26,394
1964 10/.
29,313
29,364
1965
1966
15,825 9/
1957.
1958.
1959.
16,8it5
9/
19,428
20,99'*
1960 10/.
I
1969 10/
45,755 11/
45,914
1°70 10/
47,009
46,960
1971 10/12/.
67,681
67,803
15,975 'UJ
15,998
11,054
U,077
346
346
555 11/ 1,505
555
1,505
2,515
2,515
566
566
23,786
23,775
19,333
19,333
306
295
429
429
695
695
3,023
3,023
17,137
17,169
4,676
4,604
4,029
4,039
544
544
51,209
50,651
39,679
39,018
1,955
1,955
6,060
6,093
144
144
3,371
3,441
10,262
10,949
4,138
4,141
3,69'*
447
447
1,528
1,523
543
3,639
14,666
1,019
1,019
1972.
82,861
61,526
40,000
5,236
12,108
1973.
92,443 li/
d6,814 12/
43,923
5,701
12,319 ii/ 1,d61
12,330
1?^330
12,330
1,431
1,567
119,025
1974
1974-May
Jxine.
July.
Aug..
Sept.
Oct..
Nov.
.
.
.
.
Mar
Apr .p
May p.
.
Note:
53,035
5,059
68,193
70,030
46,209
47,465
5,013
5,013
107,116
110,761
112,084
115,762
119,025
71,117
71,029
72.716
73,823
75,185
76,624
48,455
48,440
50,149
50,921
51,858
53,035
5,013
4,940
4,880
4,880
4,906
5,059
12,330
12,330
12,330
12,330
12,330
12,330
118,191
119,529
120,163
121,219
75,918
78,625
79,176
79,005
121, 543
79, 682
51,824
54,200
53,696
53,480
52,317
5,177
5,359
6,003
5,938
6, 061
12,457
12,457
12,457
12,457
12,457
10C),991
tec..
1975-Jan .
Feb
76,62n
101,317
104,059
..
Table is based on Treasury Department data and on data reported
to the Treasury Department by banks and brokers in the United States
Data correspond generally to statistics following in this section and
in the "Capital Movements" section, except for the exclusion of
nonmarketable
nonconvertible U.S. Treasury notes issued to foreign
official nonreserve agencies and the inclusion of investments by
foreign official reserve agencies in debt securities of U.S. Federally-sponsored agencies and U.S. corporations. Table excludes
International Monetary Fund "holdings of dollars," and holdings of
U.S. Treasury letters of credit and nonnegotiable,|noninterest-bearlng
special U.S. notes held by other international and regional organisations .
Includes liability on gold deposited by the International Monetary
Fund 10 mitigate the impact on the U.S. gold stock of foreign purchases for gold subscriptions to the Fund under quota Increases,
and U.S. Ctovemment obligations a- cost value and funds av/aiting
investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire income-earning
assets.
Includes Bank for International Settlements and European Fund.
Derived by applying reported transactions to benchmark data; breakdovm of transactions by type of holder estimated 1960-1963.
Includes long-term liabilities reported by banks Ln the United
States and debt securities of U.S. Federally-sponsored agencies
and U.S. corporations.
Excludes notes issued to foi-eign official nonreserve agencies.
Includes short-term liabilities payable in dollars to foreign banks
and short-term liabilities payable in foreign currencies to foreign'
banks and to "other foreigners."
Includes marketable U.S. Govemirent bonds and notes held by foreign
1/
6/
2/
3,691
5,043
'4,618
425
1,626
210 12/ 17,694
5,932
5,502
430
2,003
3,867
3,210
3,655
30,330
24,644
25,119
8,783
6,877
7,139
8,285
6,511
6,776
498
366
363
3,288
1,603
1,771
1,664
1,664
1,702
1,825
2,224
2,333
3,655
3,655
3,655
3,867
3,867
3,867
26,816
29,373
28,045
28,071
29,770
30,330
7,312
7,494
8,010
8,070
8.336
8,783
6,935
7,128
7,617
7,639
7,855
8,285
377
366
1,871
2,095
1,990
2,120
2,471
3,288
2,593
2,742
3,153
3,223
3.380
3,867
3,867
3,867
3,907
5,467
29,429
27,649
27,841
29,353
28,625
8,692
9,050
9,002
8,809
9,027
8,184
8,440
8,394
8,179
8,428
508
610
608
630
599
2,333
303
431
481
498
4,152
l.,205
4,144
l»,052r
4,209
banics
8/
9/
,
1/
11^'
10/
11/
12/
12/
n.a.
p
Principally the International Banii for Reconstruction and Developtnent,
the Inter-Afferican Development Bank and the Asian Development Bank.
Includes total foreign holdings of U.S. Government bonds and notes,
for v/hich breaJ^down by type of holder is not available.
Data on the two lines shown for this date differ because of changes
Figiires on the first line are comparable in
in reporting coverage.
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 resulting from revaluation of the German mark in October
1969, as follows: liquid $17 million; other $84 million.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks"; a number of reporting banJcs are included in
the series for the first time; and foreign currency liabilities to
official institutions of foreign countries are increased in value by
$110 million to reflect market exchange rates as of December 31, 1971,
as follows: U.S. Treasury certificates, $7 million; nonmarketable
convertible U.S. Treasury bonds and notes, $33 million; and nonmarketable nonconvertible^ U.S. Treasury bonds and notes, $70 million.
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; nonmarketable convertible U.S. Treasuiy notes, $128
million; and nonmarketable nonconvertible U.S. Treasury notes, $19
million.
Not available.
Preliminary.
r
Revised.
89
July 1975
.INTERNATIONAL FINANCIAL STATISTICS,
Table IFS-3.
-
U.S. Liquid and Other Liaunuies to Official Institutions
of Foreign Countries, by Area
[In mi-llions of dollars;
End of
calendar year
or nujnth
Western
Europe
Total
fore ign
countries
I/'
14,-.^
196J
196i
14.
1967
I'J
,
1'
1968 i/
17
,
.)4U
15,975 A/
15,998
1969 2/
V
23,786
1970 i/
1972
'
1,789
l,0'i8
2,740
1,812
1,283
3,028
.
1,550
3,309
7,772
1,310
1,310
3,900
3,955
278
278
248
248
10,321
1,310
l,:c;'
4,428
250
303
8,070
8,062
1,867
I,'-''
5,043
4,997
259
248
303
302
l,Di4
1,911
4,552
4,552
546
546
291
291
2,951
1,681
1,681
4,713
4,708
407
407
414
413
7,074 A/
7,074 U/
13,620
13,615
J.
>"•!
245
50,6S1
30,010
30,134
1,414
1,429
14,519
13,823
415
415
871
870
61, 526
34,197
1,733
17, 577
777
2,963
2,544
10,887
788
3,025
18,604
'1..;.
1971 1/ 1/.
1/
1,702
I.;,'-'.:
•'
Other
countries
1,333
1,333
1965
1966 2/
Latin
American
Republics
1973. ..;....
66,814 6/
45,717 6/
3,353
1974
76,624
44,151
3,662
3,161
2,627
68,193
70,030
42,951
43,200
4,302
4,201
3,409
4,022
13,006
14,012
1,620
1,854
2,905
2,741
71,117
71,029
72,716
73,823
75,185
76,624
43,002
42,292
42,649
43,007
43,179
44,151
4,125
3.953
3,819
3,805
3,705
3,662
3,951
4,157
4,445
4,046
3,768
4,419
15,235
15,554
16,299
17,329
18,673
18,604-
2,055
2,272
2,850
2,947
3,204
3,161
2,749
2,801
2,654
2,689
2,656
2,627
75,918
78,625
79,176
79,005
79,682
43,239
44,706
45,823
44,983
45,186
3,621
3,616
3,546
3,251
3,101
3,659
4,223
4,390
4,506
4,605
19,555
20,274
19.396
20,062
20,425
3,232
3,356
3,433
3,493
3,448
2,562
2,450
2,588
2,710
2,917
1974-May
June .
.
July...
Aug
Sept. ..
Oct
Nov....
Deo
1975-Jan
Feb
Mar.
.
Apr. p.
May p..
Data represent short-term and long- terra liabilities to the official institutions of foreign countries, as reported by baxiks 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. Federally- sponsored agencies and
U.S. corporations.
The table does not include certain nonliquid
liabilities to foreign official institutions which enter into the calculation of the official reserve transactions balance by the Departs
ment of. Commerce.
Includes Bank for International Settlements and European Fund.
Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in
Note:
1/
2/
2/
ij
5/
6/
p
—
coverage to those shown for the preceding date; figures on tne secona
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.
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 $110 million to reflect .-narket exchange rates
as of December 31, 1971.
Includes $162 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates.
Preliminary.
Treasury Bulletin
90
INTERNATIONAL FINANCIAL STATISTICS,
Table IFS-4.
-
Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions of Foreign Countries
(In millions of dollars or dollar equivalent)
91
July 1975
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-5.
-
U.S. Position in the International Monetary Fund
Treasury Bulletin
92
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-7.
-
Weighted-Average of Exchange Rate Changes for the Dollar
(Percent change relative to exchange rates as of end-May 1970)
End of calendar
year or month
July
icjj^
93
.CAPITAL MOVEMENTS.
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
pursuant to Executive Order 656O of January 15, I93U, Executive Order IOO33 of February 8, 19'+9, and Treasury regulations
promulgated thereunder. Statistics on the principal types
of data and the principal countries are published monthly
in the "Treasury Bulletin." Reports are filed with the Federal Reseirve Banks by bonks, securities brokers and dealers,
and nonbanking concerns in the United States. These statistics are then consolidated, and are published by the Treasury
as promptly as possible.
The report forms and instructions used in the collection
of the statistics have been revised a number of times.
The
most recent general revision of the report forms became effective with reports as of May 31, 1963.
1/
The present form of the published presentation of the
"Capital Movements" statistics was introduced in the May
1969 issue of the "Bulletin." The principal changes were
the rearrangement of the tables to bring together in separate
sections all the data relevant to the same statistical series;
the expansion of the time series on aggregate liabilities
and claims reported by banks to show more detailed breakdowns
by type of holder and type of liability' and claim; and the
presentation of statistics not previously published on the
short-term liquid claims of large nonbanking concerns.
Basic definitions
The term "foreigner" as used in the Treasury reports
covers all institutions and individuals domiciled outside
the United States, including United States citizens domiciled abroad, and the foreign branches, subsidiaries and
offices of United States bajiks and business concerns; the
central governments, central banks and other official institutions of foreign countries, wherever located; and international emdregional organizations, wherever located. The
term "foreigner" also includes persons in the United States
to the extent that they are known by reporting institutions
to be acting on behalf of foreigners.
In general, data are reported opposite the foreign country or geographical area in which the foreigner is domiciled,
as shown on the records of reporting institutions.
For a
number of reasons, the geographical breakdown of the reported
data may not in all cases reflect the ultimate ownership of
the assets.
Reporting institutions are not expected to go
beyond the addresses shown on their records, and so may not
be aware of the coiintry 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 off icial 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
Western Europe
.
"Short-term" refers to obligations payable on demand
or having an original maturity of one year or less.
"Longterm" refers to obligations having an original maturity of
more than one year, and includes securities having no contractual maturity.
Reporting coverage
Reports are required from banks , securities brokers and
dealers, and nonbanking concerns in the United States, including the branches, agencies, subsidiaries, and other affiliates in the United States of foreign firms.
Institutions
which have total reportable liabilities, claims or securities
transactions below a specified exemption level, based on the
average for the report dates during a six-month period, including the current report date, are exempt from reporting.
Banks file reports monthly covering their short-term
and long-term liabilities to and claims on foreigners; an
exemption of $500,000 is applicable to reports in each of
these categories. Twice a year they also report their shortterm dollar liabilities to foreigners in countries not shown
separately on the monthly report of liabilities. Banks,
seciu-ities brokers and dealers, and in some instances, nonbanking concerns , report monthly their transactions in securities with foreigners; the applicable exemption level is
$100,000.
Quarterly reports are filed by exporters, importers, industrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims are $500,000 or more. Such firms
also report the liquid portion of their claims for each monthend when they have reportable claims of $1 million or more.
The foreign credit and debit balances of securities brokers
and dealers are reported quarterly; the exemjition level applicable to these reports is $100,000.
Description of statistics
Data collected on the Treasury Foreign Exchange Forms
are published in the "Treasury Bulletin" in sIjc sections.
Each section contains all the data relevant to the some statistical series, with tables showing time series by type and
country, and the detailed breakdowns of the latest available
data.
Section I covers the short-term and long-term liabilities
banks in the United States. The
data exclude the holdings of dollars of the International
Monetoiy Fund derived from payments of the United States
subscription and from the exchange transactions and other
oi)erations of the Fxmd.
(Liabilities representing the "gold
investment" of the Fund, however, are included. ) The data
also exclude U.S. Treasury letters of credit, and nonnegotiable, noninterest-bearing special notes of the United States
held by international and regional organizations.
to foreigners reported by
Section II presents the short-term and long-term claims
on foreigners reported by banks in the United States, including
claims held for their own account and for the account of
their domestic customers. The data exclude convertible foreign currencies held by U.S. monetary authorities.
Sections III and IV show respectively the llabilitlea
•
Treasury Bulletin
94
.CAPITAL MOVEMENTS.
to, and claims on, foreigners reported by exporters. Importers, industrial and commercial firms, financial institutions
other than banks and brokers, and other nonbanking concerns
The data exclude the intercompany acin the United States.
counts of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for(Such transactions are reported by
eign parent companies.
business firms to the Dei)artment of Commerce on its direct
investment forms ) The data also exclude claims held through
United States bsmks. Separate figures are shown in Section
IV for the short-term liquid claims of large nonbanking concerns in the United States.
.
'
Section V contains data on transactions in all types
of long-term domestic smd foreign securities by foreigners
reported by banks and brokers in the United States (except
nonmarketable U.S. Treasury notes, foreign series, and nonmarketable U.S. Treasury bonds and notes, foreign currency
series, which are shown in "International Financial Statistics" section. Table IFS-U).
The data cover new issues of
securities, transactions in outstanding issues, and redemptions of securities. They include transactions executed in
the United States for the account of foreigners, and transactions executed abroad for the account of reporting institutions and their domestic customers. The data include some
transactions which are classified as direct investments in
the balance of payments accounts.
The data exclude securities issued abroad by foreign subsidiaries of U.S. corporations, some of which -are treated -in the balance of payments
as issues of U.S. corporations.
The geographical breakdown of the data pn securities
transactions shows the country of domicile of the foreign
buyers"'aiW' sellers of the" securities; in the case of outstanding issues, this may differ from the country of the
original issuer. The gross figures contain some offsetting
transactions between foreigners. The net figures for total
transactions represent transactions by foreigners with 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, ti;ansactions between foreigners in new issues
not offered for sale to United States residents but managed
by underwriters in the United States are excluded from the
gross figures.
Section VT comprises two tables on the money credit
and debit balances, as appearing on the books of reporting
brokers and dealers in the United States , in accounts of foreigners with them, and in their accounts carried by foreignersThe data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries. The principal exclusions are
the
intercompany capital transactions of business enterprises
in the United States with their own branches and subsidiaries abroad or with their foreign parent companies, and capital
transactions of the United States Government. Consolidated
data on all types of capital transactions are published by
the Department of Comnerce in its regular reports on the
lAiited 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.
July 1975
93
.CAPITAL
Section
I
-
MOVEMENTS.
Liabilities to Foreigners
Table CM-1
1.
-
Short-Term
Reported by Banks
Liabilities
in
the United States
by Type of Foreign Holder
(In millions of dollars)
Foreign countries
Official institutions 1/
Total
shortterm
End of
calendar year
or month
International and regional
Banks and other foreigners
Non-
Payable in dollars
Payable
llabUi-
Total
ties
Payable
Payable
In
Total
foreign
currencies
Banks
Other
foreigners
loreign
currencies
IMF
monetary
gold
investment 2/
international and
regional
1957
14,383
13,641
7,917
7,917
5,724
3,413
2,252
59
742
200
542
1958
15,367
14,615
8,665
8,665
5,950
3,460
2,430
59
752
200
552
1959
17,261
16,231
9,154
9,154
7,076
4,601
2
398
77
1,031
500
1960
18,701
17,260
10,212
10,212
7,047
4,705
2,230
113
1,442
691
/'20,015
18,699
18,781
10,940
10,940
10,893
10,893
46
46
7,759
7,841
5,299
5,380
2,356
2,357
104
104
1,317
1,317
V
613 V
613 V
1^21,958
19,907
19,874
11,997
11,963
11,949
11,915
48
48
7,911
7,911
5,251
5,251
2,564
2,564
95
95
2,050
2,084
800
800
22,877
21,330
12,467
12,437
30
8,863
5,713
3,046
104
1,547
7394/
808
13,224
13,220
13,224
13,220
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
.1,618
800
800
818
818
11,006
7,360
3,587
59
1,479
1961 1/
20,098
1
/'21,958
1962
i/
1963
('25,467
1964 1/
1^25,518
23,849
23,900
,
531
751
704
704
1,250
1,284
25,551
24,072
13,066
13,066
27,724
26,343
26,219
12,484
12,539
11,968
12,022
517
517
13,859
13,680
10,023
9,864
3,743
3,743
93
72
1,381
1,381
800
800
581
581
/30,657
\30,505
29,370
29,232
14,034
14,027
13,882
13,876
152
152
15,337
15,205
11,132
11,008
4,128
4,120
77
77
1,287
1,273
800
487
473
31,717
30,234
11,318
10,855
463
18,916
14,298
4,444
173
1,483
800
683
1969 i/
/4O,040
(40,199
38,631
38,786
11,054
11,077
10,851
10,874
202
202
27,577
27,709
23,412
23,419
3,939
4,064
226
226
1,409
1,413
800
800
609
613
V
/41,719
(41,761
40,499
40,541
19,333
19,333
19,184
19,185
148
148
21,166
21,207
16,917
16,949
4,029
4,0.-.8
220
220
1,221
1,221
400
400
821
821
V &/
/'55,404
1^55,428
53,632
53,661
39,679
39,018 6/
39,521
38,854 6/
158
165 7/
13,954
10,034
14,643 6/ 10,721 6/
3,692.
3,694
228
228
1,772
1,767
400
400
1,372
1,367
1972
60,697
59,284
40,000
39,829
19,284
14,340
4,618
325
1,413
1,413
1973
69,074
67,119
43,923
43,796
23,196
17,224
5,503
469
1,955
1,955
1974
94,815
91,650
53,035
52,908
38,615
639
J\ine.
78,752
81,014
77,364
79,360
46,209
47,465
46,082
47,338
127
127
31,155
31,895
29,691
24,119
24,455
8,285
1974 -May..
6,512
6,776
526
665
3,165
1,388
1,653
3,165
i;388
1,653
July.
Aug.
Sept.
Oct..
Nov..
Dec..
83,951
86,863
87,710
88,628
91,816
94,315
82,206
84,941
85,811
86,631
91,650
48,455
48,440
50,149
50,921
51,858
53,035
48,328
48,313
50,022
50,794
51,731
52,908
127
127
127
127
127
127
33,751
36.501
35,662
35,710
37,625
38,615
26,277
28,754
27,476
27,492
29,154
29,691
6,936
7,128
7,618
7,627
7,855
8,285
539
618
568
591
617
639
1,745
1,921
1,900
1,997
2,333
3,165
1,745
1,921
1,900
1,997
2,333
3,165
1975- Jan..
Feb..
93,350
94,245
93,404
94,604
93,209
89,439r
90,289
89,931
91,012
89,370
51,824
54,200
53,696
53,480
52,317
51,824
54,200
53,696
53,480
52,317
37,614r
36,090r
36,235
37,533
37,054
28,710
26,9l6r
27,160
28,612
27,961
8,184
8,441r
8,394
8,179
8,428
721
733
682
742
665
3,911
3,955
3,473
3,592
3,839
3,911
3,955
3,473
3,592
3,839
1965
1966
V
1967
V
t27,599
1968
1970
1971
.
Mar..
Apr.p
Xlay p
¥,
2/
i/
1/
89,1*83
127 8/
Includes Bank for International Settlements and European Fund.
Short-term U.S. Government obligations at cost value and funds awaiting investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire income-earning
assets.
Upon termination of investment, the same quantity of^ gold
was reacquired by the International Monetary Fund.
Principally the International Bank for Reconstruction and DevfrlojiBent
and the Inter-American Development Bank.
Includes difference between
cost value and face value of securities in IMF gold investment account
($1^ million at end 1971).
In addition, IMF gold investment 'included investments in U.S. Government bonds and notes which amounted to $109 million at end 1960, $187
million at end 1961, and $61 million at end 1963.
Data on the two lines shown for this date differ because of changes
6/
7/
679
in reporting coverage.
Figures on the first line are con^arable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banlts" and a number of reporting banks are included in
the series for the first time.
Second line includes $7 million increase in dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
Dec. 31, 1971.
8/
p
Includes $15 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates.
Preliminary,
r
Revised.
96
97
July 1975
.CAPITAL MOVEMENTS.
Section
I
-
Banks in the United States
Short-Term Liabilities by Type of Liability-Continued
Part B
International and Regional Organizations
Liabilities to Foreigners Reported by
Table CM-I-2.
-
-
(In millions of dollars)
Nonjnonetary international and regional organisations 2/
End of
calendar year
or month
Total
international
and regional
IMF gold
investment!
U.S. Treasury
bills and
certificates 1/
Deposi ts
Time 2/
U.S. Treasury
bills and
certificates
Other
shorvterm
liabilities 2/
1957
742
200
50
1958
752
200
209
343
1,031
500
76
449
1960
1,442
691
i/
219
532
1961
1,317
613
A/
354
294
55
2,050
2,034
800
300
540
568
572
572
138
145
1963
1,547
739 i/
70
384
215
138
1964
1,618
800
66
207
231
3M
1965
1,479
800
42
200
170
266
1966
1,331
800
56
139
212
173
1,237
1,273
800
800
67
67
124
120
178
173
118
107
1959
,
1962 5/.
1967 J/.
. .
. .
490
1968
1,483
500
68
113
394
108
1969
1,413
800
62
83
244
224
1970
1,221
400
69
159
211
381
1971 5/.
1,772
1,767
400
400
73
73
192
192
211
211
896
892
800
.
.
(
1972
1973
1974
1974-May.
June.
.
July..
Aug...
Sept..
Oct...
Nov. .
Deo.
.
1975-Jan..,
Feb..,
Mar..
.
Apr.p
May p
1/
2/
1,413
86
202
326
1,955
101
83
296
3,165
139
105
497
2,424
1,388
1,653
95
53
106
66
46
91
1,194
1,390
1,745
1,921
1,900
1,997
2,333
3,165
120
81
127
125
128
139
66
67
69
89
89
105
51
93
285
497
1,508
1,627
1,629
1,690
1,830
2,424
3,911
3,955
3,473
3,592
3,839
123
104
95
116
126
133
1,234
1,260
777
781
1,994
2,450
2,482
2,391
2,585
1,598
Short-term U.S. GovemnKnt obligations at cost value, and deposits
awaiting investment (less than $500,000 on all dates shown), obtained
from proceeds of sales of gold by the International Monetary Fund to
the United States to acquire income-earning assets . Upon termination of investment, the same quanti ty of gold was reacquired by the International Monetaiy Fund,
Principally the International Bank for Reconstruction and Eevelopment
and the Inter-American Development Bank; excludes Bank for International Settlements and European Fund,
Includes difference between
cost value and face value of securities in IMF gold investment
account ($14 million at end 1971).
118
189
99
114
2/
4/
5/
»
146
75
Time deposits exclude negotiable time certificates of deposit, which
are included in "Other short-term liabilities,"
In addition, IMF gold investment included investments in U.S. Government bonds and notes which amounted to $109 million at end 1960,
$187 million at end 1961, and $61 million at end 1963.
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.
Less than $500,000.
Preliminary.
p
Treasury Bulletin
98
.CAPITAL MOVEMENTS.
Section
Liabilities to Foreigners
-
I
Table CM-I-3.
-
Reported by Banks
in the
United States
Short-Term Liabilities by Country
at end of period in millions of dollars)
fFosition
Calendar year
Country
1972
gi^rope
1973
:
Austria
Belgium-Luxembourg.
Denmark
Finland
France
Germany
Greece
"01
lb3
.
"!J1
Ir.O
.
l^'O
'"'6
.1''-
._•
'J
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
•
t
-
.441
?.3<;i">
170
_
'..
lij
IC'C)
:
.
Italy
I.'.'
lc.3
l~ri
l,.?tl7
973
416
1.
'-'1
1m
',011
117
1.433
11
31
Total Europe
.
Canada
13b
.M-l
Latin Aiiierica
Argent ina
Bahamas 2j
Brazil
:
..;i
Chil'-
l^'l
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
1^3
i-'i
137
210
a
'70'-"'
-
1^'4
li .7
loA
lOS
lo,
10."
22 5
140
'-'63
1,078
656
861
86
Total Latin America.
Asia:
China, People s -Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
'
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
d75
318
98
108
177
l^'O
1\843
^01
Y-)b
1'32
1^6
306
12b
438
171
1,071
Total Asia.
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa.
13,131
:
Total Africa.
Other countries
Australia
All other
2A
78
.
12
.
QJQ
.
:
Total other countries....
Total foreign countries....
International and regional
International
European regional.
Latin America
Asian regional....
African regional..
'3.DI:>1
•
1.33-'
1,327
8
298
129
1_
1,767
Total international and ret^'onal
Grand total
24
12
115
21
,;'X
''-,^28
1974
Apr.p
July 1975
99
.CAPITAL MOVEMENTS.
Section
I
Reported by Banks in the United States
by Type and Country, as of May 31, 1975
Preliminary
Liabilities to Foreigners
-
Table CM-I-4.
-
Short-Term
Liabilities,
{Position in inillionc of dollars)
Short-term liabilities payable in dollars
Total
shortterm
liabilities
Country
Rirope
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
To foreign banks and official institutions
U.S.
Deposits 1/
:
6?7
2,875
323
181
4,982
8,203
273
2,157
3,351
846
267
341
1,697
8,587
87
7,006
126
2,417
61
148
Total Europe
44,555
619
2,737
291
175
4,831
8,027
232
2,025
3,241
792
207
221
1,673
8,043
82
6,219
121
2,371
60
143
42,111
Canada
3
Latin Ajnerica
Argentina
Bahamas
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics....
Netherlands Antilles and Surinam,.
Other Latin America
,
268
:
Total Latin America
964
2,045
984
260
307
350
1,936
862
121
84
6
1
1,875
554
131
101
51
513
206
168
3,864
1,353
123
897
3,336
665
13,566
8,985
43
752
Asia:
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)
Hong Kong
India
Indonesia
Israel
5o
50
999
596
168
778
317
142
."?79
11,109
341
662
342
5.176
10,960
325
Total Asia
20,262
19,082
Africa
Egypt
113
Total Africa
Other cmin trleq
Australia
All other
73
160
3,347
3,895
3
-
3,069
71
Total other countries
3,140
Total foreign countries
International and regional
International
European regional
Latin American regional
Asian regional
African regional
89,370
:
Total international and regional.
Grand total.
Deposits exclude negotiable time
Less than $500,000.
107
75
179
68
3,460
^
1/
562
322
4,857
:
Morocco
South Africa
Zaire
Other Africa
*
259
509
^6
Japan
Korea
Philippines
Thailand
Other Asia
,600
13
154
71
1
3,839
50
Treasury
bills and
certificates
Short-term
liabilities
payable
To all other foreigners
U.S.
Other 1/
Treasury
Deposits 1/ bills and
certificates
in
Other!/
foreign
currencies
Treasury Bulletin
100
MOVEMENTS.
.CAPITAL
Section
Table CM-I-5.
-
I
-
Liabilities to Foreigners
Reported by Banks
in the
United States
Short-Term Liabilities, Countries and Areas Not Regularly Reported Separately
(Position at end of period in millions of dollars)
Calendar year
1972
Other Western Europe
Cyprus
Iceland
Ireland, Republic of
Malta
Monaco
10
10
a
Other La bin Ajperican Republics
Bolivia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Guyana
Haiti
Honduras
Jamaica
Nicaragua
Paraguay
Trinidad and Tobago
Other Latin America
Bermuda T/
Peliae (British Honduras)
British West Indies
French West Indies and French Guiana
Other Asia
Afghanistan
Bangladesh --/
Burma
Cambodia
Jordan
Laos
Lebanon
Malaysia
Nepal
Pakistan
Ryukyu Islands (including Okinawa) 2/
Singapore
Sri Lanka (Ceylon)
Viet Nam
Yemen ( Aden
Oil producing countries
^
Other Africa
Algeria
Ethiopia (including Eritrea)
F. T.A.I. (French Somaliland)
Ghana
Ivory Coas t
Kenya
Liberia
Libya
Mozambique
Nigeria
"Portuguse West Africa"
Southern Rhodesia
Sudan
Tanzania .....'
Tunisia
Uganda
Zambia
Other Cour.tries
New Zealand
U.S. Trust Territory of the Pacific Islands
1/
19
2
11
16
17
62
5
3
4
9
6
Other Eastern Europe
Bulgaria
Czechoslovakia
Estonia
German Democratic Republic
Hungary
Poland
Romania
8
5
4
14
10
2
2
2
2
6
3
5
5
23
20
36
5
69
41
99
55
87
62
123
i}2
79
75
57
78
2
117
6
16
18
34
19
59
42
19
50
17
10
114
121
7b
132
27
53
41
61
33
1/
3
4
32
36
124
1
19
72
2/
10
2
5
3
4
2
2
5
3
54
22
19
38
18
57
46
90
156
6
21
56
39
99
29
3
14
68
86
118
92
17
1/
26
7
12
17
100
16
10
16
18
2
10
55
54
11
23
16
244
4
109
Dec.
1974
Apr.
1Q7A
10
11
53
10
3
7
21
29
10
4
6
19
36
34
2
3
3
8
36
14
36
16
55
25
102
88
137
90
129
245
5
96
118
128
122
129
219
22
28
71
52
119
40
21
88
69
127
46
107
201
116
3
7
375
3
354
7
22
9
12
11
12
42
2
4
6
6
35
18
21
65
4
22
3
3
3
62
68
119
58
40
21
108
i/
164
16
105
63
25
91
4
33
29
35
4
17c,
159
3
1
1
1
1
263
203
534
652
,3''l
4,640
17
19
23
11
32
57
111
79
110
118
67
95
1
1
8
3
8
1
8
10
6
23
30
393
6
85
22
13
20
29
257
9
18
7
31
39
11
20
10
23
42
331
3
78
15
1
2
1
3
3
2
4
9
6
11
12
7
9
10
7
13
7
28
6
22
12
17
11
66
11
19
13
22
23
13
30
12
33
11
47
3
2
38
22
195
7
17
9
23
274
6
46
13
8
1
1
5';i
1/
77
5
135
1/
141
13
88
2
3
Data represent a partial breakdown of the ajnoxints shewn for the
corresponding dates for the "Other" categories in the regular monthly
series in the Treasury Bulletin.
Bermuda included with Bahamas prior to December 1972,
Note;
1973
2/
_2/
/^
13
98
736
20
i/
245
14
126
452
22
,295
17
11
Bangladesh included in Pakistan prior to April 1972,
Ryukyu Islands included in Japan after April 1972.
Includes Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia,
Syria, and the United Arab Emirates (Truclal States).
Not available.
*
Less than $500,000.
1975
Jiily
101
.CAPITAL MOVEMENTS.
Section
-
I
Reported by Banks in the United States
Liabilities by Type
Liabilities to Foreigners
Table CM-I-6.
-
Long-Term
{
In millions of dollars
Payable In dollars
End of
calendar year
or month
Total
long-term
liabilities
Foreign countries
1/
1957
1958
1959
1960
1961
1962
10
1963
69
310
513
1,494
2
1
7
2
7
Official
tnetitutlons
Other
fore igners
International
and regional
n.a
n.a
10
2
1
7
2
7
28
n.a
n.a
n.a
n.a
n.a
payable in
fore ign
currencies
n.a.
n.a.
n.a.
n.a.
n.a;
n.a.
n.a.
n.a.
n.a.
204
203
988
n.a,
n.a.
n.a.
913
25
50
106
311
506
\2,560
1,858
1,863
1,807
1,807
15
15
35
40
689
698
3,166
2,490
1,703
902
2,389
1,600
913
437
2,341
1,505
695
144
8
55
40
40
165
237
53
56
777
889
789
446
1
1
20
(1,000
1,018
417
417
93
93
238
238
87
87
562
580
21
21
1973
1974
1,462
1,285
700
464
310
124
291
261
100
79
822
1974-May..
June
1,644
l,b35
639
661
296
321
269
268
74
July.
Aug..
Sept.
Oct..
Nov..
Dse.
1,673
1,498
1,367
1,293
1,354
1,285
695
493
447
445
449
464
337
136
284
281
281
263
262
261
75
1975-Jan..
Feb..
Mar.
Apr.p
1,406
1,441
560
666
748
784
861
1964
1965
1966
1%7
/'2,546
2/.
. .
1968
1969
1970
1971
1972 2/
>fey
1/
2/
p
1,5'43
1,410
1,446
93
111
112
124
223
336
426
462
544
Dollar-foreign currency breakdown not available prior to 1966; amounts
reported for earlier dates assumed to have been payable in dollars.
Data on the two lines shown for this date differ because of changes
n.a.
in reporting coverage.
Figures on the Cirst line are comparable in
p
n .a
n.a
n.a
266
264
255
253
248
73
76
73
71
75
79
71
66
67
68
69
42
761
1,005
974
978
1,005
920
849
905
822
846
776
795
626
585
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Not available.
Preliminary.
102
Treasury Bulletin
.CAPITAL MOVEMENTS,
Section
I
Liabilities to Foreigners Reported
-
Table CM-I-7.
Long-Term
-
by Banks in the United States
Liabilities
by Country
(Position at end of period in milliong of dollars)
Calendar year
1974
Country
1972 1/
Europe
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
1973
197A
Apr.p
Jan.
:
15
Italy
Netherlands
Norway
PortUKul
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
1
1
1
1
165
165
159
152
2
2
I
1
1
152
1
1
2
147
137
135
1
150
1
1
12
5
Total Europe
63
63
66
10
10
213
470
261
Canada
T"
Latin America
Argentina.
Bahamas 2/'
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Unjguay
Venesuela
Other Latin American Republics.,
Netherlands Antilles and Surinam
Other Latin America
12
13
14
U
14
-13
42
41
41
41
202
200
22b
21<9
1"'
20
20
:
.
.
1
53
1
2
1
28
2
28
19
1
1
1
1
1
55
58
58
53
61
61
2
5
5
5
5
5
6
1
1
1
2
2
6
13
6
13
5
5
5
5
22
22
22
22
28
22
22
22
22
19
3
3
3
2
22
2
115
11?
119
1
1
1
53
1
2
1
1
28
2
Total Latin America.
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
121
:
1
1
*
6
1
6
98
193
306
396
431
201
314
404
440
Total Asia.
6
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa.
:
Total Africa.
Other countries
Australia
All other
:
Total other countries
Total foreign countries
International and regional
700
Ab^
464
560
666
748
734
551
652
652
692
659
63
57
107
38
79
674
10
38
74
542
d3
107
346
776
1,285
1,285
1,543
1,410
:
International
European regional
Latin American regional.
Asian regional
African regional
52
53
30
31
1,000
1,018
Total international and regional
Grand total
1/
822
l,/;62
Data in the two columns shown for this date differ because of changes
Figures in the first column are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date
2/
•
p
1,406
1,W1
20
65
626
Through December 31, 1972, Bermuda included with Bahamas.
Less than $500,000.
Preliminary.
103
July 1975
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-1.
-
United States
in the
Short-Term Claims by Type
(In millions of dollars)
t'ayable in dollars
Total
short
End of
calendar
year
or month
account of
reporting
banks and
domestic
customers
Acceptances
made for
account
of foreigners
242
386
303
423
69a
2,344
1,268
401
439
428
421
2,407
1,309
351
498
460
516
3,135
1,297
290
524
482
4,177
4,234
1,646
1,660
329
4,777
32^1
699
709
5,101
35q
2,052
2,599
5,59i
in fc
Deposits
of
reporting
banks and
domestic
customers
with foreigners
Other
shortterm
claims
930
2,199
reign currencies
Foreign
government
obligation;
and
commercial
Other
shortterm
claims
and
finance
paper
147
132
!:
656
198
181
16
582
192
178
15
605
1,233
460
222
238
618
622
694
700
1,837
1,874
543
543
342
343
200
200
953
642
686
1,967
495
309
186
955
774
832
4,606
1,953
5,887
5,344
1,915
2,214
384
543
343
157
42
/'7,411
6,810
7,333
2,652
2,773
223
221
1,374
1,403
1,055
1,150
1,007
1,135
2,600
2,621
552
803
601
624
342
336
182
187
77
102
7,15?
7,243
2,968
2,970
271
271
1,566
1,567
1,130
1,132
1,268
1,272
2,501
2,508
422
492
474
492
325
329
54
68
95
7,715
/'7,819
i 7,853
7,399
7,433
3,139
3,141
256
256
1,739.
1,739
1,143
1,145
1,367
1,288
2,450
2,540
443
464
420
420
240
241
70
70
110
110
/'8,583
8,158
8,182
3,137
306
306
1,603
1,616
228
228
1,511
1,552
3,013
3,013
498
467
425
425
287
287
74
•t,150
70
63
67
f7,b32
1
\
8,606
96
8,711
8,261
3,165
247
1,697
1,221
1,733
2,854
509
450
336
40
73
/'9,578
I 9,680
9,063
9,165
3,281
3,278
262
262
1,946
1,943
1,073
1,073
1,954
2,015
3,169
3,202
658
670
516
516
352
352
84
79
89
74
10,802
10,192
3,051
119
1,720
1,212
2,389
3,985
766
610
352
92
166
!b,170
12,328
12,377
4,503
3,969
223
231
2,613
2,080
1,667
1,658
2,475
2,475
4,243
4,254
1,107
1,679 ./
842
895
549
548
119
173
174
174
163
163
2,975
2,970
2,535
2,533
3,269
3,276
3,204
3,226
2,478
2,657
846
846
441
441
223
223
182
182
3,935
662
1,210
428
668
U9
289
115
253
13,272
2/
Other
foreigners
Uffieial
institutions
claims
\^7,957
1/
for
terin
I
I'ayable
Collections
outstanding
^
^
15,471
15,676
14,625
5,674
U,830
'i,671
20,723
38,889
20,061
37,680
7,660
11,313
284
382
4,538
7,352
2,838
3,579
4,307
5,637
4,160
11,223
9,506
29,925
32,436
29,041
31,479
9,875
11,409
367
390
6,314
7,685
194
334
5,081
5,107
6,660
7,649
7,424
7,314
884
957
611
687
113
130
160
141
33,854
35,357
34,451
34,593
36,784
38,889
32,851
34,551
33,533
33,563
35,756
37,680
10,766
11,549
10,557
10,002
10,968
11,313
480
453
528
371
439
382
6,715
7,750
6,678
6,299
7,102
7,352
3,571
3,346
3,352
3,332
3,426
3,579
5,152
5,295
5,245
5,356
5,345
5,637
9,205
9,481
9,552
10,050
10,717
11,223
7,729
8,227
8,178
8,155
8,726
9,506
1,003
805
918
1,030
1,028
1,210
626
461
468
547
515
668
207
180
217
243
283
289
170
164
233
240
229
253
38,973
39,772
42,052
42,806
45,028
37,684
38,582
40,889
41,547
43,960
10,232
10,313
9,626
10,659
11,853
361
379
310
362
365
6,318
6,414
5,682
6,519
7,639
3,553
3,521
3,633
3,778
3,849
5,565
5,346
5,415
5,339
5,546
11,025
11,090
11,341
11,441
10,961
10,863
11,833
14,507
lit, 108
15,601
1,289
1,190
1,162
1,260
1,068
719
609
626
764
478
351
336
290
241
301
219
244
246
254
290
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Data on the second line differ from those on the first line because
those claijns of U.S. banks on their foreign branches and those claims
of 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 short-term claiiits"; and a number of reporting banks
are included in the series for the first time.
Prelimiaary.
Treasury Bulletin
104
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-2.
in the
United States
Short-Term Claims by Country
-
(Position at end of period in millions of dollars)
Calendar year
1074
1075
Country
1972 1/
EXirope
1973
Dec.
197-;
Jan.
Feb.
Mar.
Apr, p
:
Austria
11
Belgiujn-Luxembourg.
120
120
59
59
113
330
321
29
255
108
69
19
207
156
125
6
349
22
20
41
49
118
330
321
29
255
108
69
2,911
3,067
.
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
Total Europe.
Canada
19
207
164
125
6
997
22
20
41
49
1,397
Latin Ajnerica
Argent ina
Bahamas 2/
Brazil
Chile
Colombia
147
48
108
621
311
35
316
133
72
23
222
153
176
10
1,459
10
25r
46
44r
21
384
21
384
46
122
673
589
64
345
348
119
20
196
130
335
15
3,970
6,110
1,955
2,773
499
393
900
151
720
3,398
1,415
290
713
42
351
195
115
16
184
128
252
23
2,700
277
210
106
39
166
99
267
17
',770
2,89(>
46
54
122
673
589
64
345
348
119
20
196
180
335
15
132
892
390
38
591
53
136
393
WS
16
674
53
147
359
399
54
334
157
114
26
234
18
16
101
227
37
3,174
28
24
34
31
51
131
27
48
100
110
113
6,110
6,331
6,239
,831
2,904
2,643
2,934
2,911
720
3,398
1,415
290
783
3,737
699
713
706
13
1,898
604
2,435
22
22
46
131
52
22
550
41
137
896
387
46
287
187
104
32
150
72
230
19
18
401
22
22
38
46
:
379
476
649
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
Total Latin America.
52
52
418
13
1,202
244
145
40
418
383
338
U
36_
4,437
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
379
519
649
13
202
397
12
145
1,37 3
274
178
40
55
383
388
14
518
493
'244
36
13
144
4,430
5,900
14
14
1,972
1,972
503
513
63
704
352
62
503
518
63
704
852
62
1,138
1,264
303
504
75
795
873
45
1,451
39
,549
13,051
L2,36^
345
351
679
18
004
458
531
86
747
890
£04
1,266
395
695
13
2,116
546
555
104
736
902
5,
'
39
1,571
14,202
15,613
65
19
500
291
17
145
322
958
5,758
1,299
433
710
13
2,236
531
606
116
757
954
36
1,678'
16,085
:
Total Asia.
1
31
87
105
4,158
296
149
191
300
194
93
14
87
105
4,152
296
149
191
300
140
147
16
38
155
6,398
403
181
273
392
157
256
12,514
955
372
458
771
500
223
14
157
256
12, 514
955
372
458
771
539
5,584
3 224
16,224
16,224
15,545
21
21
4
35
4
143
13
118
129
61r
158r
111
13
329
98
399
106
19
143
13
124
111
18
329
98
299
299
388
355
291
40
291
40
24
15,463
15,674
15,471
15,676
14
5
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa.
18
526r
203
19
142
271
1
194
93
,
500
223
14
11,821
1,116
302
391
739
473
184
22
159
284
11,246
1,286
342
374
11,600
1,356
353
4O6
11
AAS
210
21
134
299
11,028
1,503
398
413
346
1,007
15,355
15,472
122
19
413
265
114
15
396
38
291
31
290
142
10
458
37
326
355"
TsT
853
375
973
466
99
466
99
433
125
431
95
436
99
428
107
565
558
526
33,839
33,389
33,972
38,389
33, '^73
731
15,216
:
Total Africa.
Other countries
Australia
All other
Total other countries.,..
International and regional
\
1/
«
364
31
:
Total foreign countries....
Grand total
5
3
43
330
T
.
535
535
4 2,051
42,305
!_
20,723
Data in the two columns shown for this date differ because of changes
Figures in the first column are comparable in
in reporting coverage.
coverage to those shown for the preceding date: figures In the second
Less than $500,000.
2/
p
39,772
42,052
42,3
column are comparable to those shown for the following
date
Through December 31, 1972, Bermuda included with Bahamas
Preliminary.
r Revised.
July 1975
105
.CAPITAL MOVEMENTS,
Section II
Claims on Foreigners Reported by Banks in the United States
Table CM-II-3. - Short-Term Claims, by Type and Country, as of May 31, 1975
-
Preliminary
(Position in millions of dollars
Short-term claims payable in dollars
Loans
Total
shortterm
claims
Country
Europe
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Collections
outstanding
for account
of reporting banks
and domestic
customers
Foreign
banks and
official
institutions
Acceptances
made for
account
of
foreigners
:
19
137
723
589
37
329
221
126
25
257
126
277
30
3,635
39
25
83
117
Total Europe
Canada
Latin Ajnerica
Argent ina
Bahamas
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezeula
Other Latin American Republics
Netherlands Antilles & Surinam,
Other Latin America
16
597
44
136
668
302
37
321
187
122
25
252
118
237
29
3,546
5
18
10
8
95
144
9
35
159
99
9
59
42
49
50
23
70
38
18
8
85
7
106
89
103
16
29
16
162
9
1,250
23
38
24
82
1
414
17
82
25
3
2
67
7
46
102
72
5
4
2
27
3
4
3
20
32
1
76
,983
7
5
13
42
16
5
370
125
1
1
1
1
115
37
96
7,293
6,895
2,339
320
3,096
2,eo9
216
494
b9
330
1,037
600
83
367
126
1,008
439
204
29
161
121
8
213
70
262
12
105
29
39
2,356
670
589
100
727
956
1,799
452
259
17
518
329
857
215
223
941
236
36
12
117
25
19
14
4
4
44
1
15
*
4
11
9
64
4
256
400
159
25
66
101
185
23
31
1,773
3,759
,378
911
2,780
8,199
1
117
1
312
65
23
36
11
14
2
386
1,749
:
Total Latin America
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)...
Itong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
1,007
7,050
1,272
^2
702
13
2,380
671
590
100
7i5
960
1,00-='
7,024
1,269
422
701
13
2,165
2,148
25
322
18,121
18,027
6,137
lis
170
527
3
425
304
279
28
5,976
31
17
1
323
35
307
68
100
379
118
158
:
Total Asia
Africa
12
11
3
3
434
283
433
282
16
119
286
47
39
14
17
119
287
10,«)3
1,415
455
374
965
U,969
10, 565
1,415
455
51
51
4
3
1
77
78
1,057
33
101
27
50
75
3
886
172
13
36
23
2,931
100
59
373
35
21
64
33
962
358
256
102
54
222
14,917
1,844
1,422
422
3,582
2
1
25
185
4,541
1,264
223
268
103
7
50
1
4
1
2,035
17
72
15
279
2,504
:
Egypt
138
61
60
Morocco
South Africa
Zaire
Other Africa
12
12
5
5
475
41
351
4'j3
41
350
113
34
197
Total Africa
1,018
993
411
440
89
430
36
Total other countries
523
516
90
38
Total foreign countries
45,026
43,958
11,851
,003
Other countries
Australia
All other
138
1
5
75
1
61
271
1
5
108
78
13
90
105
44
228
182
174
396
35
21
:
.,,
Interna tional and regional
Grand total
Less than $500,000.
45,028
43,960
33
2
2
11,853
,004
293
38
31
331
3,848
5,546
10,961
3,849
5,546
10, 961
4
Treasury Bulletin
106
.CAPITAL
Section
II
-
MOVEMENTS.
Claims on Foreigners Reported by Banks in the United States
Table CM-II-4.
-
Long-Term Claims by Type
(In millions of dollars)
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; figxires on the second
line are comparable to those shown for the following date.
n.a.
P
Not available.
Preliminary,
Less than $500,000
July 1975
107
MOVEMENTS.
.CAPITAL
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-5.
-
in the
United States
Long-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1974
Country
1972 1/
Europe
1973
1974
Jan,
Feb.
Mar.
23
12
23
12
23
11
47
39
224
82
220
55
39
58
41
Apr. p
May p
:
Austria
Belgium- Luxembourg,
Denmark
Finland
France
Germany
Greece
1
.
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe,
Total Europe
22
18
11
18
127
102
Ub
33
49
11
19
28
102
48
146
100
45
49
2
11
13
18
93
49
100
11
I'l
28
106
40
14
12
45
40
22
29
22
174
106
89
61
20
47
191
94
198
33
61
33
8
8
3
58
3
113
23
122
30
122
30
137
31
96
13
50
25
191
94
193
96
61
197
76
223
99
32
77
236
96
46
96
33
59
58
7
134
40
8
148
41
5
3
Q
150
48
6
39
143
72
3
83
3
9
329
110
329
110
5
23
23
173
233
173
31
323
111
28
216
2^'<
24'"'
118
29
222
256
1,903
1,9^2
2,096
2,126
2.188
2,326
485
485
490
458
159
29
905
134
165
26
928
137
177
184
25
976
139
27
995
135
6
16
43
43
129
154
723
349
353
1,271
406
406
490"
486
486
150
154
19
19
533
142
19
662
136
87
163
25
840
156
64
163
25
840
1
1
1
3
464
62
688
77
110
683
639
92
1]9
8
8
83
357
129
28
236
7
140
40
9
87
375
113
25
242
275
67
267
100
47
73
17
155
40
145
48
5
84
215
76
236
103
47
65
8
8
7
2U
23
16
60
42
240
130
35
6
Canada
Latin America
Argentina
Bahamas 2/
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics.
Netherlands Antilles and Surinam
Other Latin America
23
13
50
25
3
13
11
16
347
24'^
8
85
402
128
39
229
288
:
Total Latin America
Asia
123
331
91
80
577
174
108
174
108
333
390
23
57
71
10
57
71
10
22A
129
264
167
270
167
7
10
10
372
35
36
7_
l,A5fi
1,996
22
7
49
4
81
10
35
23
147
62
6
298
136
6
156
64
77
110
161
24
878
138
59
59
57
61
53
630
87
120
683
96
123
681
112
129
716
106
126
3
22<»
4
2
2
2
2
3
244
202
244
202
250
211
229
225
13
17
13
9
18
277
232
26
11
Q
14
12
16
2,603
2,675
2,695
2,786
29
23
1Q2
16
226
47
9
236
43
37_
17
2,116
229
3
236
233
9
Sl2,848
:
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indones ia
Israel
62
73
Japan
Korea
Philippines
Thailand
Other Asia
2Ab
79
160
22
165
319
79
163
17
326
Total Asia
829
1,200
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa.
49
13
73
23
90
33
35
194
47
35
194
47
54
43
43
71
245
258
103
135
71
245
19
103
135
19
326
29
230
251
103
169
18
543
466
466
1,271
1,532
1,617
1,617
149
353
96
171
17
258
203
469
44
41
81
228
248
119
137
13
473
1,635
1,603
1,656
16
49
47
72
223
248
120
146
19
8
239
48
41
33
35
37
240
247
135
137
210
242
142
137
109
209
4o4
326
21
254
162
138
24
319
1,543
:
16
Other countries
Australia
All other
3
3
2
1
70
35
148
70
88
31
219
74
39
238
17
113
Total Africa.
14
5
50
ISA
36
158
14
1
16
19
19
19
1
1
1
74
74
76
1
35
98
39
233
54
53
31
50
240
274
266
294
416
453
_il9_
495
123
47
126
46
130
47
171
177
548
7,578
7,846
7,583
7,852
267
355
366
366
336
20
154
128
40
128
40
124
42
126
222
227
227
18
16
16
23_
lotal other countries....
2W
243
243
177
168
166
172
3,663
4,950
5,05-:'
5,992
,147
,257
,451
Interna tional and regional
1/
59
:
Total foreign countries....
Grand total.
53
1
T
7
3,667
4,954
5,063
5,996
Data in the two columns shown for this date differ because of changes
Fig\ires in the first column are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures in the second
colxoran are comparable to those shown for the following date
7,155
2/
p
,
7,155
7,262
7,457
7,554
Through Eecember 31, 1972, Bermuda included with Bahamas
Less than $500,000.
Preliminaiy,
Treasury Bulletin
108
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-6. - Long-Term Claims, by Type and Country, as of May 31, 1975
Preliminary
(Position in millions of dollars)
Long-term claims payable in dollars
Coimtry
Total
long-term
claims
Long-term
claims
payable in
foreign
Other
Total
cxirrencies
Europe
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
:
Total Europe
23
16
60
*2
2^0
67
267
100
47
73
17
155
-iO
60
42
222
65
262
87
40
72
17
151
40
8
85
8
35
7
84
1
402
128
402
128
280
125
122
39
229
39
39
229
227
287
2S8
2,326
Canada
453
Latin America
Argent ina
Bahamas
Brazil
Chile
Colomb ia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics
Netherlands Antilles and Surinam,..
Other Latin America
1
1
16
60
42
240
67
267
100
41
73
17
155
40
15
19
2
5
13
1
1
2
173
2,319
370
52
184
27
153
27
31
995
135
945
74
50
61
423
35
:
184
27
995
135
53
4
716
106
126
51
4
3
4
713
106
126
687
103
122
26
53
3
3
3
2
4
*
236
233
213
218
22
15
4
4
21
235
233
9
21
21
1
2,843
2,843
2,622
220
239
48
239
48
195
45
44
35
35
35
PhUlpptnes
109
209
254
162
138
109
209
254
162
138
Thailand
Other Asia
24
319
24
319
101
206
223
144
122
23
Total Asia
1,543
Total Latin America
Asia
9
:
China, People's Republic of (China
Mainland).
China, Republic of (Taiwan)
Hong Kong
India
Indonesia
Israel
Japan
Korea
2
7
3
31
18
16
2
301
17
1,543
1,402
141
19
19
19
1
1
1
77
57
303
Africa
Egypt
Morocco
South Africa
Zaire
Other Africa
319
59
317
Total Africa
495
476
457
130
130
46
128
46
:
Other countries
Australia
All other
98
59
3
18
1
14
2
19
:
47
176
Total other countries
Total foreign countries
66
7,172
7,346
International and regional
Grand total
Less than $500,000.
7,352
7,785
7,176
610
66
July 1975
109
.CAPITAL
Section III
-
MOVEMENTS.
Liabilities to Foreigners Reported by
Table CM-III-1.
-
Nonbanking Concerns
Liabilities by
United States
in the
Type
(In millions of dollars)
Short-term liabilities
End of
calendar year
or quarter-end
month 1/
Total
liabilities
Payable in
dollars
1957.
;d6
4'11
1958.
';99
440
1959.
66<;
1960 2/
574
596
674
691
June 2/.
Payable In
foreigiT
Long-term
liabilities
currencies
75
368
71
60
581
512
69
83
485
507
424
437
61)
583
600
510
525
73
756
778
673
684
563
572
113
Dec
833
678
569
109
1962 -June 2/.
778
817
626
665
527
551
99
114
798
805
637
644
508
513
129
130
775
626
479
148
148
763
622
585
471
441
s)
140
556
144
107
600
210
1961 -Mar. _2/.
Dec. 2/.
1963
196/i-June 2/.
Dec
1965 2/
95S
'5S
810
70
76
89
J
"l
91
j
Ul
j
83
94
155
'I
151
/
"l
161
J
f
\_
136
147
1966
1,419
1,089
827
262
329
1967 2/
1,784
1,815
1,371
1,386
1,027
1,039
343
347
414
428
1968
2,737
1,608
1,225
382
1.129
%511
1,786
2,124
1,399
1,654
387
471
2,304
1969
2/
4,428
1,725
2,677
2,181
496
3,102
1971 2/.
2,704
2,763
2,229
2,301
•475
3.1'>9
463
3,138
1972 2/.
3,119
3,453
2,635
2,961
484
3.540
492
3,631
1Q7T
4,094
3,326
76«
3,945
1973- Dec
4,094
3,326
763
3,945
5,780
1970
197A-Mar
3,636
887
3,859
June.
.
5,248
4,223
1,024
3,550
Sept
.
5,747
4,690
1,057
3,355
5,929
4,909
1,020
3,514
.
Dec. p.
Breaks in series arising from changes in
amount to $5 million or less for any year are
cases, only the figiire comparable to that for
shOTm.
Data are shown for calendar year ends and for
quarter ends for which figures are available.
Note;
1/
reporting coverage which
not shewn; in such
the following date is
most recent five
Data are also shewn
2/
for earlier quarter ends when the reporting coverage changed.
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 shewn for the preceding date;
figures on the second line are comparable to those shewn for
the following date, p Preliminary.
no
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section III
-
Liabilities to Foreigners
Table CM-III-2.
1/
Reported by Nonbanking Concerns
-
Short-Term
Data in two columns shown for tMs date differ because of changes
Figures in the first coluirai are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
Liabilities
2/
*
p
in the
United States
by Country
Through December 31, 1972, Bermuda included with Bahamas.
Less than $500,000.
Preliminary.
111
July 7975
.CAPITAL
Section
MOVEMENTS.
by Nonbanking Concerns in the United States
Type and Country, as of December 31, 1974
Preliminary
Liabilities to Foreigners Reported
CM-III-3. - Short-Term Liabilities, by
III
Table
-
(Position in millions of dollars)
Total
short-term
liabilities
Country
Em-ope
Austria
Belgium- Luxembourg.
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
:
21
516
20
16
235
.
3U
,
Yxigoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
Total Europe
Payable in
foreign
currencies
Payable in
dollars
18
2
371
145
1
*
19
16
203
117
32
196
AG
143
107
9
19
37
3
119
98
9
24
66
38
136
25
1,235
60
34
105
22
950
9
19
62
5
4
31
3
285
7
53
5
5
50
16
35
14
3,071
2,306
15
2
240
Canada
latin America
Argent ina
Bahamas
Brazil
Chil"
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
:
36
281
119
20
35
1
248
118
33
1
20
U
13
64
28
62
20
11
13
2
2
49
42
79
24
73
83
25
51
753
Total Latin America.
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
:
17
94
19
7
49
51
17
93
16
5
48
50
346
75
25
311
74
10
547
8
22
1
3
2
1
1
34
1
3
2
6
1,24c
Total Asia.
Africa
Egypt
Morocco
South Africa..
Zaire
Other Africa.
43
13
115
Total Africa..
193
:
14
41
17
110
ijther countries :
132
Australia
All other
30
Total other countries....
Total foreign coxintries
International and regional
Grand total.
»
Less than $500,000.
,
.
1,020
5,771
153
5,929
,909
1,02-
112
Treasury Bulletin
.CAPITAL
Section
III
-
MOVEMENTS.
Liabilities to Foreigners Reported
Table CM-III-4.
by Nonbanking Concerns
Liabilities by Country
in
the United States
Long-Term
-
(Position at end of period in millions of dollars)
1-74
Calendar year
Country
1972 1/
1971 1/
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
.
.
261
41
261
41
254
7.'
31
553
19
201
164
78
348
20
1^
201
164
5
152
236
3
3
Total Europe
Canada
Latin America
Argent ina
Bahamas 2/
Brazil
Chil"
Colombia , ,
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
455
475
3b6
949
,652
,560
73
64
:
1
1
230
250
1
1
1
1
1
1
1
14
14
11
3
1
2
10
3
4
10
64
314
340
1
Total Latin America.
Asia:
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
1
Total Asia.
47
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa.
5
6
39
48I
47
:
6
Total Africa.
Other countries
Australia
All other
:
Total other countries....
Total foreign countries....
International and regional
i'and
total
.
.
.
,
1973
Dec.
Sept.
July 1975
113
.CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns
Table CM-IV-1.
I
-
in the United States
Claims by Type
In millions of dollars)
Short -term claims
End of
calendar year or
quarter-end month
1/
Payable in foreign currencies
Total claims
Total
947
777
637
943
720
568
1,009
705
605
1,775
1,859
1,432
1,505
824
875
'1,633
1,701
1,248
1,305
939
968
1960 2/
1961 -Mar. 2/..
Payable in
dollars
'
June g/..
1,895
1,934
1,496
1,528
1,181
1,208
Sept. 2/.
'2,099
2,117
1,646
1,664
1,323
1,340
2,138
1,636
1,335
'2,443
2,678
1,807
1,974
1,475
1,598
2,809
2,867
2,051
2,098
1,625
1,668
2,929
2,113
2,162
1,712
1,758
Dec
1962-June 2/.
Dec. 2/..
L963-»ter. 2/..
June 2/.
2,282
Dec. 2/..
2,922
'
1964 -June 2/.
Dec. 2/..
{
'
3,297
3,245
3,738
3,934
3,565
3,438
3,884
4,483
4,581
5,572
5,925
6,523
7,110
8,303
8,067
9,034
9,775
12,334
12,334
lli,ltUS
15,008
Sept...
14,780
Dec. p.
15,517
2,131
2,186
Deposits with banks
abroad in reporter's
own name
Other short-term
claims payable in
foreign currencies
Long-term
claims
1
.
)
.
Treasury Bulletin
114
.CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-2.
-
Short-Term Claims by Country
(Position at end of period in millions of dollars)
1973
Calendar year
l'-'7^
Country
I'^Vl
Europe
Austria
Belgium-Luxembourg.
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
1/
r-"-'?:'
1/
l'^73
Sept.
:
.
Total Europe
lA
14
d2
dO
15
18
202
192
20
62
28
23
220
176
34
39
I'-'l
186
64
13
16
125
^0
63
68
13
lb
124
40
63
9
194
78
17
15
IS
208
192
35
o
'J57
-"'47
13
13
14
13
13
13
14
13
,080
,052
Canada
Latin America
Argentina
Bahamas g,^
Bra2 i
56
79
47
1,044
12
14
23
19
2,309
17
106
46
44
310
234
48
1,216
17
16
106
46
152
17
139
15
114
25
91
491
322
69
431
144
27
30
1,544
49
15
77
27
30
a
39
23
19
1,544
49
15
77
27
37
42
412
337
87
335
103
22
112
414
74
91
41
1,837
19
57
22
23
69
23
20
54
36
2.557
3,444
3,444
4 240
4.574
47
626
52
746
411
51
59
'-'77
518
419
124
49
12
12
777
44
310
284
51
51
244
112
244
112
13
49
244
71
102
18
49
244
71
102
34
34
.
537
345
76
409
126
32
69
35
101
420
106
424
97
73
46
154
41
1,871
1,768
4
.
4
"^3
1,245
:
54
366
148
46
45
Chil--
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
59
55
520
175
33
41
662
172
1
1
1
1
151
180
21
34
19
40
5
4
181
85
36
4
81
89
91
i;
81
101
qa
c:i
21.
-4
47
626
231
43
34
39
151
^1
Total Latin America.
Asia
21
137
19
73
29
25
231
195
35
205
34
16
19
157
57
82
231
43
40
40
ol
47
73
44
523
64
51
1
1
1
1
235
61
47
260
263
34
60
287
114
40
'^4
65
5
~}
6
5
6
92
95
134
135
136
172
222
172
172
17
157
IQO
182
13
34
134
134
13
222
1,838
1,-38
1"
1,084
13
167
14
16'3
2,2l«5
:
China, People's Republic of
( China Mainland
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
1
1
a
41
67
67
23
35
28
22
24
33
405
456
34
34
48
31
510
68
48
15
144
63
49
15
201
37
29
23
411
63
49
1?
146
33
31
Total Asia.
Africa;
Egypt
7
Morocco
South Africa,
Zaire
Other Africa.
41
6
901
105
20L
73
19
239
73
19
239
1,075
1,646
23
5
73
QO
13
124
127
64
31
37
67
37
980
124
86
22
314
81
1,109
123
108
1,646
1.350
2,043
9
13
16
3
4
37
140
36
51
38
1,224
109
87
21
26U
53
23
311
5
90
62
18
124
152
21d
253
13
201
:
33
19
30
17
Total other countries,...
94
83
97
97
110
117
20
23
25
25
31
39
114
107
511
10,502
3,512
10,503
Total foreign countries....
,511
International and regional.
Grand Total
3
118
63
901
105
6
Total Africa..
Other countries
Australia
All other
8
180
oo
54
38
97
41
11
120
49
37
54
38
6
4
52
8
3
53
11
120
,
134
44
10,-724
"T"
5,000
5,721
1/ Data on the two colijjms shown for this date differ because of changes
in reporting coverage.
Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
8,512
6, 366
2/
»
p
11.071
10,725
Through December 31, 1972, Bermuda included with Bahamas.
Less than $500,000.
Preliminary.
.
..
.
.
.
115
July 1975
.CAPITAL MOVEMENTS.
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-3. - Short-Term Claims, by Type and Country, as of December 31, 1974
Preliminary
Section IV
-
(Position in millions of dollars)
Payable in foreign currencies
Total
short-term
claims
Country
Europe
Austria
Belgium- Luxembourg
Denmark
Finland
France
:
.
.
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe,
Deposits with banks abroad
in reporter's cwn name
24
108
38
120
441
314
45
43
.,855
43
1,693
42
21
90
50
22
91
50
18
*
15
23
2
63
394
134
34
80
376
86
112
1,617
1,229
69
594
460
103
50
68
534
441
103
49
*
290
125
38
:
.
Chil'?
Colombia
Cuba
Mexico
Panaim
Peru
Uruguay
Venezuela
Other Latin American Republics.
Netherlands Antilles and Surinam
Other Latin America.
1
292
132
43
5
5
193
193
20
148
185
130
19
147
Asia:
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
19
137
64
37
85
18
13
1
1
3
3
13
2
113
12
162
148
»
49
10
18
«
1
1
1
5
3
*
4
5
49
2,302
Total Latin America.
5
2
4,263
Canada
Other short-term claims
payable in foreign currencies
1
25
131
40
120
458
340
65
418
147
36
31
382
89
136
Total Europe.
latin America
Argentina.
Bahamas
Brazil
Payable in
dollars
21
19
132
57
4
7
31
76
9
1
2
44
42
1,154
201
94
24
386
955
200
86
23
369
159
172
40
1
1
7
*
12
2,246
1,990
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa.
18
7
101
19
233
14
6
17
4
1
217
10
Total Africa.
378
34l
19
13
Total Asia.
:
Other countries
Australia
All other
1
11
:
120
153
Total other countries....
Total foreign countries.
.
.
International and regional
Grand total.
•
86
Less than $500,000.
11.236
10,203
461
616
11,286
10,209
461
616
.
.
.
.
116
Treasury Bulletin
^CAPITAL
Section IV
MOVEMENTS
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-4. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by
Type
End of
calendar year
or month
1965 2/
-
(In millions of dollars)
Payable in dollars
Total
short-tei-ro
Deposits
917
844
r
Short-term
nvestments 1/
b91
b25
19
19
1966...
973
805
58
1967 2/
1-1,078
\.1,163
901
985
66
66
1968...
1,638
1969 2/
/I. 318
Vl,491
1,222
1,141
847
1971 2/.
rl,648
1,295
1,205
1973....
1974....
W^-Apr..
May..
June.
Julc/.
Aug..
Sept.
Oct..
Nov.
Dec.
1975-Jan..
Feb .
Mar.
Apr.
V.1,507
rl,965
V.2,373
1,615
1,966
3,160
2,623
3,293
2,629
3
,
581
557
549
702
786
1,192
1 , 068
1970...,
1972 2/.
Deposits
liquid
claims
V.
Payable in foreign curren
Short-term
investments 1/
.
July 1975
117
CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns in the United States
- Short-Term Liquid Claims Reported
by Large Nonbanking Concerns,
by Type and Country, as of April 30, 1975
Table CM-IV-G.
(Position in millions of dollars)
Payable in foreign currencies
Payable in dollars
Total
short-term
liquid
claims
Country
Belguim- Luxembourg,
Total
Deposits
Short-term
investments 1/
Deposits
19
9
9
10
France
11
10
10
1
Germany
10
6
6
3
1
1
3
3
1
16
3
3
13
1,065
1,006
1,002
1,277
710
678
.
.
Italy
Netherlands
Switzerland
United Kingdom
Canada
488
Japan
161
161
89
87
J,', 87
2,4A9
320
Total
3,359
2
59
32
567
#
Bahamas
All other countries 2/
10
159
313
Short- terra
Investments 1/
Treasury Bulletin
118
^CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns
Table CM-IV-7.
1/
-
in the
United States
Long-Term Claims by Country
Data in the two columns shovm for this date differ because of changes
Figures in the first column are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures in the second
those shown for the following date.
comparable
to
column are
2/
Through December 31, 1972, Bermuda included with Bahamas.
Less than $500,000.
Preliminary.
119
July 1975
.CAPITAL MOVEMENTS.
in Long-Term Securities by Foreigners
Brokers in the United States
Banks
and
Reported by
Foreign Purchases and Sales of Long-Ternri Domestic Securities by Type
Section
Table CM-V-1.
fin millions or .-Inllars:
-
V
-
Transactions
nerative rimres irvJieatr net sales
.
..
.
Treasury Bulletin
120
CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country
Section
Table CM-V-3.
-
In millions of dollars;
negative flgureg indicate net sales by foreigners or a net outflow o f capital from the United
Calendar year
1473
:
Austria
Belgium-Luxembourg.
Denmark
Finland
France
Germany
Greeee
.
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
79
-1?
150
-11
Total Europe
Cajiada
Latin America
Argentina
Bahamas 1/
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
:
Total Latin America.
Asia
:
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
Total Asia.
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa.
.
Total Africa.
.
:
Other countries
Australia
All other
.
.
1^:"'
:
Total other countries....
Tot al foreign countries
35S
International and re;;ional;
International
Latin American regional.
Asian regional
60
-3
Total international and regional
Grand total
.qtat.p.-^
1^75
1975
Country
Europe
197^
nt
.?«,
l'=)74
through
May p
Feb.
Mar.
Apr. p
121
July 1975
CAPITAL MOVEMENTS,
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country
Section
Table CM-V-4.
(Position at end of period in millions of dollars)
122
Treasury Bulletin
CAPITAL
MOVEMENTS
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-5.
Net Foreign Transactions in Long-Term Domestic Bonds,
Other than Treasury Bonds and Notes, by Country
Section
-
{
In millions of doll
D'ita include transactions in issues of states and municipalities,
Note:
and of corporations and other agencies of the U.S. Government.
1/ Through Eecember 31, 1972, Bermuda included with Bahamas.
p
»
preliminary.
Less than $500,000.
123
July 1975
.CAPITAL MOVEMENTS.
V Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-6.
Net Foreign Transactions in Domestic Stocks by Country
Section
-
-
(In millions of dollars; negative figures Indicate pet sales by foreigners or a net outflow of capital from the United States)
i/
p
•
Through December 31, 1972, Bennuda included with Bahamas.
Preliminary.
Less than $500,000.
Treasury Bulletin
124
.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Section
Table CM-V-7.
-
Net Foreign Transactions
in
Long-Term Foreign Bonds by Country
(In millions of dollars; negative figxires indicate net sales by foreigners or a net outflow of capital from the United States)
.
.
)
,
)
July 7975
125
.CAPITAL
MOVEMENTS.
V Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-8. - Net Foreign Transactions in Foreign Stocks by Country
Section
(In millions of dollars;
-
negative figures indicate net sales by foreigners
Calendar year
Country
1975
1973
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
-33
-11
1
-1
18
83
-12
*
-19
-2
-1
20
26
-188
-301
-18
3
-1
_
320
-ISA
U2
Latin Ainerica
Argent ina
Bahamas 1/
Brazil
Chile
Colombia
Cuba
Mex ico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
:
-1
-1
-1
18
-1
Total Latin America
:
China, People's Republic of
China Mainland
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
(
19
"
138
-5
Total Asia.
193
Africa
Egypt
Morocco
South Africa.
Zaire
Other Africa..
:
-2
-1
Total Africa..
:
Total other countries..,.
Total foreign countries
International and regional
-3
1_
A06
177
409
176
:
International
European regional.
Asian regional . .
.
Total international and regional
»
-6
25
1
-4
Total Europe
\/
p
-76
10
33
Canada
Grand total
2
-1
1
-10
34
Italy
Other countries
Australia
All other
through
May p
1
16
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
Asia
1974
Through December 31, 1972, Bermuda included with Bahamas.
Preliminary.
Less than $500,000.
or a net outflow of capital from the United Statet;
Treasury Bulletin
126
.CAPITAL MOVEMENTS.
V
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-9. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During May 1975, Preliminary
Section
-
////)'
1975
127
CAPITAL MOVEMENTS
V Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Foreign Purchases and Sales of Long-Term Securities,
Table CM-V-10.
by Type and Country, During Calendar Year 1974
Section
-
(in millions of dollars)
Treasury Bulletin
128
.CAPITAL MOVEMENTS.
Section VI
-
Table CM-VI-1.
Foreign Credit and Debit Balances in Brokerage Accounts
Foreign Credit Balances (Due to Foreigners) by Country
(Position at end of period in millions of dollars)
Data represent the money credit balances (due to foreigners), as
appearing on the books of reporting brokers and dealers in the United
States, in accounts of foreigners with them, and in their accounts
Note:
1/
p
carried by foreigners.
Through December 31, 1972, Bermuda included with Bahamas,
*
Preliminary.
Less than $500,000.
.
)
.
129
July 1975
.CAPITAL MOVEMENTS.
Section VI
-
Table CM-VI-2.
Foreign Credit and Debit Balances in Brokerage Accounts
-
Foreign Debit Balances (Due from Foreigners) by Country
Calendar year
Country
1970
1971
1972
1973
Sept.
Dec, p
Mar. p
Europe:
Austria
Belgium- Luxembourg.
Denmark
Finland
France
Germany
Greece
11
.
*
Italy
'
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
16
20
18
23
21
31
16
22
16
19
14
14
12
17
15
9
13
13
1
1
1
1
1
1
1
1
12
9
12
15
17
1
7
5
7
4
7
11
3
2
3
21
22
5
1
1
1
6
5
1
1
38
42
5
5
1
1
1
1
35
31
27
25
1
57
5
»
*
44
37
53
1
1
19
155
235
129
156
39
30
14
Total Europe
Canada
A9
Latin America
Argent ina
Bahamas 1/.
Brazil
10
29
30
24
26
28
1
1
1
1
94
10"
14
14
:
,
Chil'^;
21
1
1
3
21
15
1
1
1
2
,
Colombia
,
GUbel
,
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America
10
6
,
,
,
,
4
,
1
3
2
12
1
32
Asia
China, People's Republic of
( China Mainland
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other As ia
Al
52
23
AO
34
37
2
2
31
50
56
24
20
20
,
Total Latin America.
3
1
:
Total Asia.
Africa
59
53
25
32
36
30
:
^ferpt
Morocco
South Africa..
Zaire
Other Africa.
Total Africa..
Other coxintries
Australia
All other
:
Total other countries....
Total foreign countries
International and regional
Grand total
231
3U
405
231
281
3U
405
231
241
179
193
209
241
179
193
209
.
Note:
Data represent the money debit balances (due from foreigners),
as appearing on the books of reporting brokers and dealers in the
United States, in accounts of foreigners with them, and in
1/
p
224
their accounts carried by foreigners.
Through December 31, 1972, Bermuda included with BaJiamas
Preliminary.
»
Less than $500,000.
Treasury Bulletin
130
.FINANCIAL OPERATIONS OF
Section II
Table GA-II-1.
-
-
GOVERNMENT AGENCIES AND FUNDSFederal Credit Programs
Direct Sales and Repurchases of Loans
July 1975
131
.CUMULATIVE TABLE OF CONTENTS
August 1974 through July 1975
Issues and page numbers
Sections
1975
1971^
Aug.
Sept.
Dec.
Oct.
Mar.
Jan.
Apr.
May
July
Article;
Treasury financing operations
Federal fiscal operations:
SxMmary of fiscal operations
Budget receipts by source
Chart - budget receipts by source
Budget outlays by agency
Undistributed offsetting receipts
Budget outlays by function
Investment transactions of Government accounts in
Federal securities (net)
Trust fund transactions
Loandisbursements and repayments, net lending, and
loan balances of Federal credit programs
Selected accrual data reported by Federal agencies
Detail of excise tax receipts
Accountability of the Account of the U.S. Treasury on
an accounting basis
Summary of internal revenue collections by State,
and other areas
5
6
7
9
10
1
1
1
3
3
3
3
3
5
5
6
7
6
7
5
5
5
6
7
8
6
7
6
10
11
10
10
11
11
7
8
8
8
10
10
11
11
10
11
10
11
8
10
11
1
1
10
11
13
12
14
13
15
17
18
16
17
18
19
18
19
16
17
17
13
14
17
18
19
19
18
18
20
20
20
20
13
18
19
19
15
15
19
19
Federal obligations
Account of the U.S. Treasury
Status of the Account of the U.S. Treasury
Analysis of changes in tax and loan account balance.,..
Summary of cash transactions through the Account of
the U.S. Treasury
Gold assets and liabilities of the Treasury
1
17
14
:
Monetary statistics
Money in circulation
18
17
18
20
21
19
22
:
23
16
21
Federal debt
Summary of Federal debt
Computed interest charge and computed interest rate
on interests bearing public debt
Interest- bearing public debt
Maturity distribution and average length of marl^etable interesl^bearing public debt
Government account series
Interest^bearing securities issued by Government
agencies. .Participation certificates
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 corporations
and other business- type activities held by the
Treasury
:
Public debt operations:
Maturity schedule of interesvbearing public marketable
securities other than regular weekly and 52-week
Treasury bills outstanding
Offerings of Treasury bills
New money financing through regular weekly Treasury
bills
Offerings of public marketable securities other than
regular weekly Treasury bills
Unmatured marketable secxirities issued at a premium
or discount other than advance refunding operations
Allotmentsby investor classes on subscription for
public marketable securities
Disposition of public marketable sectirities other
than regular weekly Treasury bills
Foreign series securities (nonmarketable) issued to
official institutions of foreign countries
Foreign currency series securities (nonjnarketable)
issued to official institutions of foreign
coxmtries
United States savings bonds
Sale and redemption by series, cumulative
Sale and redemption by periods, all series
combined
Sale and redemption by periods. Series E through K...
Redemptions of matured and unmatured savings bonds...
Sales and redemptior-s by denominations. Series E and
H combined
Sales by States, Series E and H combined
a
17
21
21
21
22
17
18
21
22
23
24
21
22
22
23
18
19
22
23
25
26
25
26
23
24
24
25
24
25
27
27
28
25
26
26
28
20
21
22
23
22
23
22
23
20
22
20
21
22
23
21
22
23
24
2i,
23
24
25
26
21
25
2(
27
27
26
27
24
21
22
25
26
24
25
26
27
23
29
27
30
28
27
29
30
28
29
30
31
30
31
28
29
29
30
25
25
29
34
35
32
30
33
32
34
34
32
33
29
33
58
36
24
33
37
36
38
39
34
35
31
",5
41
3°
il
40
42
43
37
38
34
38
44
42
;a
43
45
46
40
41
37
41
47
45
43
39
43
47
46
46
50
53
54
47
46
43
49
42
52
51
53
54
45
61
61
63
64
54
66
57
55
67
67
63
70
:
64
65
57
64
65
67
68
'68
69
54
55
57
55
56
58
52
56
63
52
52
56
57
59
63
64
66
62
53
55
53
55
:
132
Treasury Bulletin
.CUMULATIVE TABLE OF CONTENTS
August 1974 through July 1975-Continued
Issues and page numbers
197-i
Aug.
United States savings notes
Sales and redemptions by periods
69
Ownership of Federal securities
Distribution by classes of investors and types of
issues
Estimated ownership by private investors
70
71
Sept.
Oct.
:
70
:
Treasury survey of ownership
72
Treasury survey - commercial bank ownership
80
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 man ic ipal bonds
70
71
71
72
73
79
81
30
Q2
89
82
Q3
90
83
84
:
£x chaii^:^e Stabilization Fund
Balance sheet
Income and expense
Naticr.al tiank reports
:
85
:
Income, expenses, and dividends^ latest calendar year,.
International financial statistics
U .3 reserve assets
U.S. liquid and other liabilities to foreign
official institutions, and liquid liabilities to all
other foreigner'?
U.S. liquid and other liabilities to official
institutions of foreign countries by area
Nonmarketable U.S. Treasury bonds and notes issued
to official institutions of foreign countries
U.S. position in the Intematiotial Monetary FXind
U.S. net monetary gold transactions with foreign
countries and international and regional organisations
Weighted-average of exchange rate changes for the dollar
:
84
.
Capital movements
Liabilities to foreigners reported by banks in the
United States
Claims on foreigners reported by banks in the United
States
Liabilities to foreigners reported by nonbanlring
concerns in the United States
Claims on foreigners reported by nonbanking concerns
in the United States
Transactions in long-term securities by foreigners reported by banks and brokers in the United States
Foreign credit and debit balances in brokerage accounts
92
85
Q3
94
95
96
.
97
:
100
93
108
101
lU
107
113
111
124
133
117
126
135
128
Foreign currencies acquired by the U.S. Government
without payment of dollars
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust fxjnds
:
Financial p-perations 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 Sui-vivcrs Insurance Trust Fund...
Federal Disability Insurance Trust Fund
Federal Hospital Insurance Trust Fund
Federal Supplemental^ Medical Insurance Ti"ust Fund...
Railroad Fetireraent Accounts
Onemployraent Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts
:
136
137
138
139
140
140
141
143
144
Feb.
Apr.
May
—
Treas.
HJ
U.S. Treasury Dppt.
10
Treasury Bullptin, July-
•A2
Dec.
1975-
c.l
Treas.
HT
10
.A2
U.S. Treasury De n L.
Treasury iSuiietin. July
Dec.
1975.
DATE
LOANED
BORROWERS NAME
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