Full text of Treasury Bulletin : June 1975
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
T r e a s u r y B u ll e t i n
Ju n e 1975
DEPARTM EN T OF THE T R E A SU R Y
W A S H I N G T O N , D .C .
O F F IC E O F T H E S E C R E T A R Y
June 1975
I
CONTENTS
Article
- Treasury Financing Operations........................................................
y
FEDERAL FISCAL OPERATIONS
FFO-1.
- Summary of Fiscal Operations.........................................................
X
FFO-2.
- Budget Receipts by Source............................................................
Chart
- Budget Receipts by Source......................................................... .
3
5
FFO-3.
- Budget Outlays by Agency.............................................................
6
FFO-4.
- Undistributed Offsetting Receipts.....................................................
7
FFO-5.
- Budget Outlays by Function...........................................................
8
FFO-6.
- Investment Transactions of Government Accounts in Federal Securities(Net)...............10
FFO-7.
- Trust Funds Transactions............................................................. .11
ACCOUNT OF THE U.S.TREASURY
UST-1.
- Status of the Account of the U.S. Treasury.............................................13
UST-2.
- Analysis of Changes in Tax and Loan Account Balances.................................. .14
UST-3.
- Gold Assets and Liabilities of the Treasury........................... ....... ......... 15
MONETARY STATISTICS
MS-1.
- Money in Circulation................................................................. .16
FEDERAL DEBT
FD-1.
- Summary of Federal Debt.............................................................. .17
FD-2.
- Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt.... .17
FD-3.
- Interest-Bearing Public Debt......................................................... .18
FD-4.
- Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt.... .18
FD-5.
- Government Account Series............................................................ .19
FD-6.
- Interest-Bearing Securities Issued by Government Agencies............................. .20
FD-7.
- Participation Certificates........................................................... .21
FD-8 .
- Debt Subject to Statutory Limitation...................................................22
FD-9.
- Status and Application of Statutory Limitation........................................ .23
FD-10.
- Treasury Holdings of Securities...................................................... 1
.24
PUBLIC DEBT OPERATIONS
PDO-1.
- Maturity Schedule of Interest-Bearing Marketable Public Debt Securities.................2 5
PD0-2.
- Offerings of Treasury Bills.......................................................... .26
PD0-3.
PDO-4.
- New Money Financing through Regular Weekly Treasury Bills............................. .29
“ Offerings of Public Marketable Securities Other than Regular Weekly Treasury Bills..... ..32
FD0-5.
- Unmatured Marketable Securities Issued at a Premium or Discount....................... .35
PDO-6.
- Allotments by Investor
PDO-7.
- Disposition of Public Marketable Securities........................................... .40
Classes on Subscriptions for Public Marketable Securities...... .33
PDO-8.
- Foreign Series Securities............................................................ .43
PD0-9.
- Foreign Currency Series Securities.....................................................53
II
Treasury Bulletin
CONTENTS
UNITED STATES SAVINGS BONDS
SB-1.
- Sales and Redemptions by Series, 0 mnulative..............................................55
SB-2.
- Sales and Redemptions by Periods, All Series Combined................................... .55
SB-3.
- Sales and Redemptions by Periods, Series E through K .................................... .55
SB-4.
- Redemptions of Matured and Unmatured Savings Bonds..................................... .
UNITED STATES SAVINGS NOTES
SN-1.
- Sales and Redemptions by Periods.......................................................
59
OWNERSHIP OF FEDERAL SECURITIES
OFS-1.
- Distribution of Federal Securities.....................................................
60
0FS-2.
- Estimated Ownership of Public Debt Securities..........................................
61
TREASURY SURVEY OF OWNERSHIP
TS0-1.
- Summary of Federal Securities..........................................................
62
TSO-2.
- InterestsBearing Marketable Public Debt Securities by T y p e and Maturity Distribution....
63
TSO-3.
- Interest-Bearing Marketable Public Debt Securities by Issue............................
63
TSO-4.
- Securities Issued by Government Agencies...............................................
65
TSO-5.
- Securities Issued by Government Sponsored Agencies and D.C.............................
MARKET QUOTATIONS ON TREASURY SECURITIES
MQ-1.
- Treasury Bills......................................................................... .70
MQ-2.
- Treasury Notes......................................................................... .70
MQ-3.
- Treasury Bonds......................................................................... .71
Chart
- Yields of Treasury Securities.......................................................... .72
AVERAGE YIELDS OF LONG-TERM BONDS
AY-1.
- Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds....................
73
Chart
- Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds....................
74
NATIONAL BANK REPORTS
NBR-1.
- Income, Expenses and Dividends, Latest Calendar Year...................................
75
INTERNATIONAL FINANCIAL STATISTICS
IFS-1.
- U.S. Reserve Assets........ .......................................................... .76
IFS-2.
- U.S. Liquid and Nonliquid Liabilities to Foreign Official Institutions, and Liquid
Liabilities to All Other Foreigners...................................................77
IFS-3.
- U.S. Liquid and Nonliquid Liabilities to Official Institutions of Foreign Countries,
t>y Area............................................................................. .78
IFS-4.
- Nonmarketatile U.S. Treasury Bonds and Notes........................................... .79
IFS-5.
- U.S. Position in the International Monetary Fund...................................... .80
IFS-6.
- U.S. Net Monetary Gold Transactions with Foreign Countries............................ .80
IFS—7.
— Weighted—Average of Exchange Rate Changes for the Dollar.................. ..............81
June 2975
III
CONTENTS
CAPITAL MOVEMENTS
LIABILITIES TO FOREIGNERS REPORTED BY BANKS - U.S.
CM-I-1.
- Short-Term Liabilities by Type of Foreign Holder..................................... .
CM-1-2.
- Short-Term Liabilities by TJpe of Liability.......................................... .
CM-1-3.
- Short-Term Liabilities by C o m try....................................................
CM-1-4.
- Short-Term Liabilities, by Type and Country.......................................... .
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.....................................................
34
35
37
33
39
90
91
CLAIMS ON FOREIGNERS REPORTED BY BANKS - U.S.
CM-II-1.
- Short-Term Claims by Type...........................................................
92
CM-11-2.
- Short-Term Claims by Country........................................................
CM-II-3.
- Short-Term Claims, by Type and Country...............................................
CM-II-4.
- Long-Term Claims by Type............................................................
CM-II-5.
- Long-Term Claims by Country.........................................................
93
94
95
96
97
CM-11-6. - Long-Term Claims, by Type and Country................................................
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CM-III-2. - Short-Term Liabilities by Country...................................................
93
99
CM-III-3. - Short-Term Liabilities, by Type and Country..........................................
100
CM-III-4. - Long-Term Liabilities by Country....................................................
101
CM-III-1. - Liabilities by Type.................................................................
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING CONCERNS - U.S.
CM-IV-1.
- Claims by Type......................................................................
102
CM- IV- 2.
- Short-Term Claims by Country........................................................
103
CM-IV-3.
- Short-Term Claims, by Type and Country...............................................
104
CM-IV-4.
- Short-Term Liquid Claims Reported by Large Nonbanking Concerns, by T yp e ..............
CM-IV-5.
- Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country.............
CM-IV-6. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns, by Type and Country....
105
105
106
CM-IV-7.
107
- Long-Term Claims by Country.........................................................
TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS
CM-V-1.
- Foreign Purchases and Sales of Long-Term Domestic Securities.........................
103
CM-V-2.
- Foreign Purchases and Sales of Long-Term Foreign Securities..........................
C!y|-V-3.
- Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country......
103
109
no
CM-V-4.
- Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country.....
CM-V-5.
- Net Foreign Transactions in Long-Term Domestic Bonds................................
HI
CM-V-6.
- Net Foreign Transactions in Domestic Stocks by Country..............................
112
113
114
CM-V-7.
- Net Foreign Transactions in Long-Term Foreign Bonds by Country......................
CM-V-8.
- Net Foreign Transactions in Foreign Stocks by Country...............................
IV
T rea su ry
B u lle tin
CONTENTS
CM-V-9.
- Foreign Purchases and Sales of Long-Term Securities, Latest Date................... .. 115
CM-V-10.
- Foreign Purchases and Sales of Long-Term Securities, Latest Year................... .. 116
FOREIGN CREDIT AND DEBIT BALANCES IN BROKERAGE ACCOUNTS
CM-VI-1.
- Foreign Credit Balances (Due to Foreigners)...................................... .. 117
CM-VI-2.
- Foreign Debit Balances (Due from Foreigners)..................................... .. 118
F IN A N C IA L O P E R A T IO N S O F
GOVERNM ENT
A G E N C IE S A N D
FUNDS
GOVERNMENT CORPORATIONS AND OTHER BUSINESS-TYPE ACTIVITIES
FEDERAL CREDIT PROGRAMS
GA-II-1.
- Direct Sales and Repurchases of Loans............................................
119
GA-II-2.
- Direct and Guaranteed Loans Outstanding...................................... .
120
TRUST FUNDS
Cumulative Table of Contents................................................................
Note:
Details of figures may not add to totals because of rounding.
127
V
June 1975
Treasury Financing Operations
EDST, May 22,
Auction of 2-year Notes
On May
8 the
Treasury
announced that it would sell to
and totaled $2.6 billion from the public of
which $1.5 billion was accepted at yields ranging from
6.38%,
the public at auction, under competitive and noncompetitive
price 100.158
bidding, up to $2.0 billion of Treasury Notes of Series 1-1977,
tenders for $500,000
to be dated May 27, 1975,
in full at the average yield of accepted tenders, 6.54%, price
due May 31, 1977,
with interest
payable on a semiannual basis on November 30, 1975, and there
after on May 31 and November 30.
set after the determination as to which tenders were accepted
on a yield basis,
100.000 or
the average of which produced a price of
less.
received until 1:30 p.m.,
and totaled $3.5 billion
price 99.895.
price 99.924 up to 6.92%, price 99.683.
ders for $500,000 or less
Noncompetitive ten
from the public were accepted in
full at the average yield of accepted tenders,
6.86%,
price
or less from the public were accepted
These totaled $0.2 billion.
In addition to the amount allotted to the public, $0.1
billion of the notes were allotted at the average price to
Government accounts and Federal Reserve banks for themselves
billion of the notes were allotted
ities.
Tenders were received
at Federal
D. C.
Bearer notes,
notes registered as
and as agents of foreign and international monetary author
ities.
with interest coupons attached,
at Federal
Reserve
branches and at the Bureau of the Public Debt,
with
notes registered as to
interest
banks and
Washington,
coupons attached, and
principal and interest were author
ized to be issued in denominations of $5,000, $10,000, $100,000
and $1,000,000.
52-week Bills
On May 21 tenders were invited from the public for $1,370
million, or thereabouts, of 364-day Treasury bills to be dated
on May 28.
Tenders were opened
They totaled $2,818 million from the public, of
which $1,371 million was
accepted including $47 million of
noncompetitive tenders.
An additional $1,034 million of the
bills were issued at the average price to Government accounts
and Federal Reserve banks,
for themselves and as agents of
and $1,000,030.
foreign and international monetary authorities.
Auction of 17-month Notes
bank discount rate was 5.803 percent.
On May 15 the Treasury announced that it would sell to
the public at auction, under competitive and noncompetitive
bidding, up to $1.5 billion of
1976, to be dated June
6, 1975,
Treasury Notes of Series 0due October 31, 1976, with
interest payable on a semiannual basis on October 31, 1975,
and thereafter on April 30 and October 31.
6-l/2% was
set after the determination
A coupon rate of
as to which tenders
were accepted on a yield basis, the average of which produced
a price of
100.000 or
Tenders for
less.
the notes were
and
to principal and interest were author
June 3, 1975, and to mature June 1, 1976.
Bearer notes,
banks and
Washington,
at the average price to
Government accounts and Federal Reserve banks for themselves
Tenders were received
Reserve
branches and at the Bureau of the Public Debt,
ized to be issued in denominations of $5,000, $10,000, $100,O X
These totaled $0.3 billion.
In addition to the amount allotted to the public, $0.1
D. C.
Noncompetitive
from the public of
which $2.0 billion was accepted at yields ranging from 6 .7 9 % ,
99.794.
6.58%,
and as agents of foreign and international monetary author
Tenders for the notes were
EDST, May 14,
99.947.
A coupon rate of 6-3/4# was
up to
The issue was to raise
cash and to refund $1,802 million of bills maturing June 3.
13-week and 26-week Bills
Issues of regular weekly Treasury bills in May totaled
$27.8 billion.
These issues were offered for cash and in
exchange for bills maturing in the amount of $23.8 billion.
There were four 13-week issues
week issue of $2.7 billion.
of $2.8 billion and one 13-
There were four 26-week issues
of $2.8 billion and one 26-week issue of $2.7 billion.
erage rates
received until 1:30 p.m.,
The average
table.
for the
Av
new issues are shown in the following
VI
Treasury Bulletin
Treasury Financing Operations—Continued
Noncompetitive tenders (without stated price), usually
Annual average rate
(bank discount basis)
for $500,000 or less from any one bidder, for each issue of
13-week, 26-week, and 52-week bills, are accepted in full at
Date of issue
the average price of accepted competitive bids for an issue.
13-week
26-week
Payment for accepted tenders must be made or completed
on the date of issue, in cash or other immediately available
1975
May
5.717
5.356
5.183
5.115
5.206
1
8
15
22
29
6.158
funds or in a like face amount of Treasury bills maturing on
5.724
5.481
5.412
5.469
that date.
Payment for 13-week, 26-week, and 52-week bills
may not be made by credit in Treasury tax and loan accounts.
Foreign Series and Foreign Currency Series
Treasury Bills - General
The face amount
Foreign series securities issued in May totaled $3,669
They are issued in
million, consisting of two bills, thirty-two certificates of
Treasury bills are sold on a bid basis.
is payable without interest at maturity.
bearer form only, and in denominations of $10,000, $15,000,
indebtedness and six notes.
$50,000, $100,000, $500,000, and $1,000,000 (maturity value).
$3,762 million.
Redemptions for the month totaled
At the end of May, foreign series securities
Tenders are received at Federal Reserve banks and branches.
outstanding totaled $21,904 million.
E°ch tender must be for a minimum of $10,000.
page 43 .)
Tenders over
(Details are shown on
$10,000 must be in multiples of $5,000.
Banking institutions generally may submit tenders for
account of customers.
Tenders may be made without deposit
Foreign currency series securities
by incorporated banks and trust companies and by responsible
sisted of two notes
and recognized dealers
to $69 million.
from others must be
in investment securities.
accompanied by payment of
Tenders
2 percent
of
issued in May con
denominated in Swiss francs equivalent
Redemptions for the month also totaled an
equivalent of $69 million.
At the end of May foreign currency
the face amount of bills applied for, unless the tenders are
series securities outstanding totaled an equivalent of $1,599
accompanied by an express guaranty
million and were all denominated in Swiss francs.
porated bank or trust company.
Note:
of payment by an incor
are shown on page 53 .)
Details of Treasury market financing operations are shown elsewhere in tables on public debt operations.
(Details
June 1975
FBTYRRat. FISCAL OPERATIONSj— —
Table FFO-1. - Summary of Fiscal Operations
____ _____________ ____________ ____________ _____________________ (In millions o f dollars)
Budget receipts and outlays
IJ
Means o f financing—net transactions
li Borrowing from the public—Federal securities
Fiscal year
or month
1966...................
1967...................
1968...................
1969...................
1970...................
1971...................
1972...................
1973...................
1974...................
1975 ( E s t .) ....
1976 ( E s t .) ....
1974-Apr............
May............
June..........
July..........
Aug............
Sept..........
Oct............
Nov............
Dec............
1975-Jan............
Feb............
Mar............
Apr............
Fiscal 1975 to
date...................
Net
receipts
1/
Surplus
or
d e ficit ( -)
1-2
Net
outlays
2 /
Public
debt
securi
tie s y
Agency
securi
tie s
(5)
(1)
(2)
(3)
(4)
130,856
149,552
153,671
187,784
193,743
188,392
208,649
232,225
264,932
134,652
158,254
178,833
184,548
196,588
211,425
231,876
246,526
268,392
-3,796
-8,702
-25,161
3,236
-2,845
-23,033
-23,227
-14,301
-3,460
2,279
6,796
22,476
7,526
17,198
27,211
29,131
30,881
16,918
278,750
297,520
313,446
349,372
-34,696
-51,852
52,796
67,570
29,659r
19,243
31,259
20,938
23,620
28,377
19,633
22,292
24,946
25,020
19,975
20,134
31,451
236,388
22,219r
23,981 i
24,172
7,441r
-4,739
7,087
-2,597
2,773
385
24,411
25,408
24,712
26,460
24,965
27,442
-3,472
-1,787
3,666
-6,827
-2,673
-2,496
28,934
26,200
27,986
29,601
266,119
Invest
ments o f
Govern
ment ac
counts y
4,041
5,079
5,944
-10,150
-1,739
-347
-1,269
216
903
-502
-186
Total
4+5-6
Cash and monetary assets (Deduct)
Within general
account o f the
U.S. Treasury
5/ y
U.S.
Treasury
operating
cash
(9)
(6)
(7)
(8)
3,244
9,035
5,320
8,522
10,062
7,417
8,420
11,822
14,813
3,076
2,838
23,100
-11,146
5,397
19,448
19,442
19,275
3,009
43,500
63,500
-260
-4,571
-1,094
760
1,746
826
1,668
2,068
-3,380
8,794
3,884
-58
2,736
4,299
-660
4,108
-1,061
-2,205
622
2,186
-2,503r
8
-3,886
1,109
6,447
-326
-1,242
5,139
7,300
36r
-28
29
-126
-56
-167
-242
-17
-38
-3,914
-6,225
-7,852
1,850
1,475
5,571
9,949
7,081
-23
-306
5
-37
-2,215
729
-1,295
-441
3,667
4,535
11,249
7,485
-29,731
42,505
-1,008
-233
41,730
jufenng o f financing—net transactions -Con.
(10)
(11)
(12)
-447
-342
538
644
802
-908
-988
50
525
_
_
_
557
290
711
-8
245
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
-9
6
32
1,288
-613
51
67
166
8
32
7
48
24
23
46
22
356
343
23
60
10
33
63
159
-21
1,048
-
-
_
_
n.a.
n.a.
-r
-5,712
2,859
3,124r
-
-
-2,705
-1,012
3,244
-6,445
816
2,874
-58
-2,359
3,115
7,666
28
42
-21
-30
-713
-281
406
-384
13
212
258
-236
147
1,898
-
5,136
198
1,320
_
_
_
.
-
Gold
tranche
drawing
rights
8/
259
-5
1,859
808
-1,536
-208
1,079
-1,264
91
_
-
Other
2 /
-
_
1,644
2,283
569
721
4,500
5,077
Special
drawing
rights
Selected balances, end o f period
Federal securities
Fiscal year
or month
Other
2/
(13)
Transactions
not applied to
year’ s surplus
or d e fic it 10/
Total budget
financing
7-8-9-10
-11-12+13+14
(16)
12,450
7,879
6,785
7,544
9,291
10,117
11,785
13,854
10,473
-
-359
132
2,997
-284
-22
3,103
4,958
-3,921
-1,290
629
813
367
10,407
-961
482
1,297
-208
-778
1,367
-1,311
-13,318
-9,970
34,696
51,852
1974-Apr..............
May..............
-464r
-959
24
-868
-2,256
400
49
-1
-73
3,236
164
1,470
959
3,079
Footnotes on following page.
(17)
(15)
1966.....................
1967.....................
1968.....................
1969.....................
1970.....................
1971.....................
1972.....................
1973.....................
1974.....................
1975 (E s t.)........
1976 (E s t.)........
1975-Jan..............
Feb..............
Mar..............
Apr..............
Fiscal 1975 to
date...................
U.S.
Treasury
operating
cash
(14)
3,796
8,702
25,161
-3,236
2,845
23,033
23,227
14,301
3,460
July............
Ancr..............
Sfpt............
Oct..............
Nov..............
General ac
count o f the
U.S Treasury
5 /6 /
_
-
-
-
-
_
Public
debt
securities
y
Agency
securities
11/
Investments
o f Govern
ment accounts
(18)
(19)
(20)
(21)
316,097
322,893
345,369
352,895
370,094
397,305
426,435
457,317
474,235
527,030
594,600
13,377
18,455
24,399
14,249
12,510
12,163
10,894
11,109
12,012
11,511
11,325
64,784
73,819
79,140
87,661
97,723
105,140
113,559
125,381
140,194
148,988
152,872
264,690
267,529
290,629
279,483
284,880
304,328
323,770
343,045
346,053
389,553
453,053
471,078
473,850
474,235
12,015r
11,984
12,012
133,159
135,895
140,194
475,344
481,792
481,466
480,224
485,364
492,664
11,895
11,831
11,664
11,422
11,404
11,367
349,934r
349,939
346,053
347,706
349,980
350,549
351,270
355,770
360,847
-72r
-463
-276
-7,441r
4,739
-7,087
-666
830
-593
-727
-913
636
3,472
1,787
-3,666
6,827
2,673
2,496
-2,728
-965
-1,468
-781
3,914
6,225
7,852
-1,850
-
.
_
-
5,873
3,514
6,629
14,295
494,139
499,710
509,659
516,740
11,343
11,037
11,042
11,004
139,534
143,642
142,581
140,376
140,998
143,184
140,968
141,698
140,403
139,961
-7,375
29,731
-
14,295
516,740
11,004
139,961
13,213
7,502
10,473
_
-
-
6,455
5,443
8,687
2,241
3,058
5,932
Held by the
public
18+19-20
364,514
369,049
380,298
387,783
387,783
2
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS,
Footnotes to Table FFO-1
Source:
Monthly Statement of Receipts and Outlays of the U.S. Govern
ment. Based on estimates of the 1976 Budget of the U.S. Government,
released February 3, 1975.
1 / See Table FFO-2.
2 / S e e Table FF0-3.
2 /
As o f July 31, 1974, public debt outstanding has been adjusted to ex
clude the notes of the International Monetary Fund to conform with
the budget presentation.
L j
See Table FFO-6.
5 / Current fis c a l 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 (fin a l) only.
Prior fis c a l year amounts include transactions in transit as of June
30. For amounts in transit see Table FF0-10 in the October 1974
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.
7 / Represents holdings o f special drawing rights, less certifica tes
issued to Federal Reserve banks.
Represents activity o f the International Monetary Fund.
Includes: public debt accrued interest payable to the public, deposit
funds, miscellaneous asset and lia b ilit y accounts, and as of July
1974, the gold balance.
10/ Includes: Seigniorage; increment on gold; fis c a l 1969 conversion of
certain corporations to private earnership; fis c a l 1970 recla ssifica tion
of Commodity Credit Corporation certifica te s of interest; fis c a l 1974
conversion of interest receipts o f Government accounts to an accrual
basis; and net outlays of off-budget Federal agencies (Export-Import
Bank since August 17, 1971, rural ele ctrifica tio n and telephone re
volving fund since May 12, 1973, Postal Service fund since July
1973, Federal Financing Bank since July 1974, housing fo r the elderly
or handicapped fund since August 22, 1974, and Pension Benefit
Guaranty Corporation since September 17, 1974).
11/ For de ta il # see Table FD-6.
r
Revised,
n.a.
Not available.
8/
9/
June 1975
3
_ FEDERALFISCALOPERATIONS__
Table FFO-2. - Budget Receipts by Source
(In millions o f dollars)
Income taxes
Net
budget
receipts
Fiscal year
or month
Individual
Corporation
Refunds
Net
Net
income
taxes
30,834
34,918
29,897
38,338
35,037
30,320
34,926
39,045
a , 744
42,660
51,400
761
946
1,232
1,660
2,208
3,535
2,760
2,893
3,125
4,160
3,700
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
38,500
47,700
156,200
154,000
5,893
1,318
9,269
430
218
237
1,796
1,084
6,082
1,717
1,111
6,458
310
256
435
511
314
190
5,463
1,100
9,033
1,485
828
5,647
1,206
797
6,268
20,226
6,741
23,263
378
229
130
78
111
90
14,764
5 ,6 a
14,231
10,806
10,485
13,947
10,590
10,832
10,799
12,291
11,313
19,594
11,795
11,629
17,067
5,366
1,046
2,661
12,766
132
4,264
8,152
6,258
15,487
7,747
4,134
16,065
1,745
1,275
7,228
5,819
557
496
649
726
1,188
778
6,579
5,093
16,676
8,525
10,713
21,159
28,937
19,821
110,893
34,314
4,444
29,870
140,762
Other
Refunds
Net
42,811
50,521
57,301
70,182
77,416
76,490
83,200
98,093
112,092
18,486
18,850
20,951
27,258
26,236
24,262
25,679
27,019
30,812
5,851
7,845
9,527
10,191
13,240
14,522
14,143
21,866
23,952
55,446
61,526
68,726
87,249
90,412
86,230
94,737
103,246
118,952
122,900
139,400
26,900
1,500
32,100
34,600
117,700
106,300
29,659r
19,243
31,259
9,959
10,088
10,615
11,118
1,204
4,077
6,313
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
25,020
19,975
20,134
31,451
10,253
10,964
9,624
9,558
236,388
101,776
Withheld
Gross
1 /
130,856
149,552
153,671
187,784
193,743
188,392
208,649
232,225
264,932
278,750
297,520
1966.................................
1967.................................
1968.................................
1969.................................
1970.................................
1971.................................
1972.................................
1973.................................
1974.............................
1975 (E s t.)...................
1976 (E s t .)...................
1974-Apr.........................
July.......................
Aug.........................
Dec.........................
1975-Jan.........................
Feb.........................
Mar.........................
(
Fiscal 1975 to
date.................................
!
Social insurance taxes and contributions
Employment taxes and contributions
Fiscal year
or month
Old-age, d isa b ility, and
hospital insurance
Railroad retirement accounts
Gross
Refunds
Gross
Refunds
196 6
196 7
196 8
196 9
197 0
197 1
197 2
197 3
197 4
1975 ( E s t .)...................
1976 ( E s t .) ...................
20,206
27,328
28,672
33,956
38,600
41,237
45,559
54,166
65,016
73,651
78,469
228
282
263
605
386
518
447
479
535
509
556
19,978
27,046
28,409
33,351
38,214
40,719
45,111
53,687
64,481
73,142
77,913
684
777
815
885
920
981
1,009
1,190
1,412
1,547
1,643
*
*
1
*
*
*
1
1
*
1974“ Apr................... .
May.........................
June..................
5,977
7,792
4,889
4,997
7,556
5,657
4,525
6,382
4,854
535
5,977
7,256
4,889
16
249
146
*
*
*
_
July.......................
Aug........................
Oct.........................
Nov.........................
Dec................•••••
_
_
Net
4,997
7,556
5,657
4,525
6,382
4,854
5,011
7,630
6,346
7,169
_
5,011
7,630
6,346
7,169
60,127
-
60,127
1975-Jan............... .
Feb.........................
Apr.. . . . . . . . . . . . .
Fiscal 1975 to
date...............................
_
-
Footnotes at end of table.
Unemployment insurance
|
1
1
Net
employment
taxes and
contributions
Net
Gross
Refunds
Net
employment
insurance
683
776
814
885
919
980
1,008
1,189
1,411
1,546
1,642
20,662
27,823
29,224
34,236
39,133
41,699
46,120
54,876
65,892
74,688
79,555
3,783
3,665
3,351
3,335
3,471
3,682
4,370
6,070
6,863
7,179
7,417
8
6
6
7
6
8
13
19
26
25
25
3,777
3,659
3,346
3,328
3,464
3,674
4,357
6,051
6,837
16
249
146
5,994
7,505
5,036
558
2,196
21
552
2,190
18
8
257
11
34
251
141
5,005
7,813
5,668
4,558
6,633
4,995
1,365
63
222
762
9Q
7
6
3
2
2
1
1
1
1
418
1,363
62
221
762
89
15
5,025
7,895
6,476
7,181
246
732
23
568
1
*
2
11
245
732
21
557
61,249
4,492
22
4,470
8
256
11
34
251
141
*
_*
*
*
15
265
130
12
*
*
*
*
130
12
1,122
*
1,122
1|
420
7,154
7,392
Treasury Bulletin
4
.FEDERAL FISCALOPERATIONS.
Table FFO-2. - Budget Receipts by Source—
Continued
(In millions of dollars)
Social insurance taxes and contributions - - Continued
Fiscal year
or month
1966...................
196 7
196 8
.
196 9
,
197 0
.
197 1
.
197 2
197 3
.
197 4
1975 ( E s t .) ...,
1976 ( ESt,) . . . ,
1974-Apr...........
May...........
June.........
July........ .
Aug...........
Sept........ .
Oct.......... .
Nov...........
Dec.......... .
1975^Jan......... .
Feb...........
Mar...........
Apr..........
Fiscal 1975 to
date............... .
Federal
supple
Federal
mentary
employees
retirement
medical
insurance
647
698
903
936
1,253
1,340
1,427
1,704
1,868
1,977
Gross
Total
1,111
1,201
1,334
1,426
1,735
1,916
2,058
2,146
2,302
18
19
20
24
29
37
39
41
45
1,129
1,867
2,052
2,253
2,701
3,207
3,437
3,614
4,051
25,567
33,349
34,622
39,918
45,298
48,578
53,914
64,542
76,780
9,362
9,461
9,827
10,681
10,519
10,643
10,562
9,995
9,884
2,468
2,576
47
50
4,383
4,603
86,225
91,550
200
190
184
195
212
232
201
192
200
250
173
208
220
5
4
3
351
340
332
3
3
3
8
3
3
5
5
5
5
358
368
389
363
353
356
2,082
43
402
352
373
388
3,703
Excise taxes —-Continued
Fiscal year
or month
Net
socia l
insurance
taxes and
contri
butions
Other
retirement
147
145
145
160
153
154
154
158
154
147
174
160
162
1,578
Excise taxes
Miscellaneous
Contributions for other
insurance and retirement
Refunds
Airport and airway trust fund
Net
13,311
25,310
217
183
127
96
167
133
1,056
158
141
143
144
9,145
9,278
9,700
10,585
10,352
10,510
9,506
9,836
9,743
13,168
25,166
6,896
10,036
5,386
865
800
877
23
11
10
789
866
5,781
9,544
6,120
5,142
7,748
5,441
5,674
8,979
6,870
8,126
958
707
895
870
827
930
14
14
9
15
13
16
12
7
26
69,422
7,990
126
864
791
473
675
Estate and g ift taxes
Gross
Refunds
Net
3,917
4,441
4,379
4,637
5,354
5,542
5,322
5,665
6,260
842
563
649
758
840
942
1,009
940
1,007
945
693
886
856
815
914
851
784
447
674
65
58
75
76
78
79
71
82
86
80
102
83
78
65
58
74
76
78
79
71
81
86
80
102
83
77
7,864
814
812
842
Customs duties
Net miscellaneous receipts
Gross
Refunds
Net
Gross
Refunds
13,062
13,719
14,079
15,222
15,705
16,614
15,477
16,260
16,844
19,947
32,145
3,094
3,014
3,082
3,530
3,680
3,784
5,490
4,976
5,101
4,880
4,680
28
36
31
39
36
49
54
59
66
80
80
3,066
2,978
3,051
3,491
3,644
3,735
5,436
4,917
5,035
4,800
4,600
1,811
1,972
2,113
2,387
2,494
2,657
3,394
3,308
3,444
4,020
4,410
45
71
75
68
64
66
107
120
110
110
110
1,767
1,901
2,038
2,319
2,430
2,591
3,287
3,188
3,334
3,910
4,300
1,713
1,805
2,091
2,662
3,266
3,533
3,252
3,495
4,845
5,700
6,100
379
444
375
371
437
370
286
295
301
543
286
468
418
453
352
370
350
3a
294
309
311
332
364
312
355
326
316
8
14
10
424
459
358
376
359
346
8
7
5
6
6
6
6
9
5
7
9
7
8
8
9
325
355
305
347
319
307
463
489
491
503
716
262
144
51
51
75
57
39
607
540
543
578
773
301
385
399
356
317
321
265
304
296
14
5
9
10
307
260
295
286
523
501
597
296
106
34
144
102
629
535
741
399
3,190
85
3,105
4,842
803
5,644
4,037
4,652
4,493
4,861
5,386
5,664
5,635
5,818
6,384
5,984
6,118
120
212
114
224
32
123
313
153
123
145
146
5,839
5,972
1974-Apr.................
May..................
June................
466
545
496
98
2
14
368
544
482
July................
.
Sept................
Oct.................
Nov..................
Dec.................
496
645
501
475
580
489
496
644
501
475
578
489
1,275
1,391
1,423
1,517
1,415
1,465
1,401
1,474
1,489
1975-Jan.................
Feb..................
Mar.................
Apr.................
419
406
630
527
113
419
391
630
414
1,351
1,277
1,160
1,166
392
406
363
322
7
7
6
6
Fiscal 1975 to
date.......................
5,169
132
5,037
13,714
3,805
65
1
-
3
-
15
-
Deposits of
earnings by
Federal
Reserve
banks
Net
excise
taxes
1966.........................
1967.........................
1968.........................
1969.........................
1970................... . . .
1971.........................
1972.........................
1973.........................
1974.........................
1975 (E s t .) ............
2976 (E s t .)............
-
Net
564
650
760
Highway trust fund
Gross
Refunds
Source: Monthly Statement of Receipts and Outlays of the U.S. Government.
Based on estimates o f the 1976 Budget o f the U.S. Government, released
Feb. 3, 1975.
3 , 7a
1/
Net
All
other
162
303
400
247
158
325
380
426
523
1,968
4,825
62r
57
49
Total
1,875
2,108
2,491
2,908
3,424
3,858
3,633
3,921
5,369
7,668
10,925
605r
343
517
Included individual income taxes designated fo r the Presidential
election campaign fund. Prior to February 1974, these taxes were
included in "Other".
* Less than $500,000.
r
Reviaed.
BUDGET RECEIPTS BY SOURCE
F is c a l Y e a r s 1 9 6 5 - 1 9 7 5
$ B il.
T ota l
■Fiscal Years-
^
Comparison first
ten months fiscal years 1974 and 1975
vo
^1
200
$ B il.
im i
100
- I n d iv id u a l I n c o m e T a x e s
120
1965
1969
1967
1973
1971
1975
100
S o c ia l I n s u r a n c e
100
T a x e s a n d C o n tr ib u tio n s
M
O
M
»
>
r-1
80
-
60
H-1
to
-
o
>
tr*
O
40
*0
vXvlv.';!
w
wXvXj
>
HH
o
2
to
0
1965
1965
1967
1969
1971
1973
1975
1967
1973
1971
1969
1975
E x cise T a x e s
20
C o r p o r a tio n In co m e T a x e s
-
40
i n
i l l j
|
|f||
^
-
•ivi’x’i*!’
0
1965
1969
1967
1973
1971
1975
20
O t h e r 17
aaaa
o-
M
M
|gg|
W
||
H
1
~
0
1965
1967
1969
1971
1973
1975
1965
Source: Monthly Statement of Receipts and Outlays of U.S. Government. For Actual amounts see preceding Table FFO-2
V Includes estate and gift taxes, customs duties, and miscellaneous receipts.
1967
1969
1971
1973
1975
Treasury Bulletin
6
______ F E D E R A L F I S C A L O P E R A T I O N S — —
Table FFO-3. - Budget Outlays by Agency
(In millions o f dollars)
Fiscal year
or month
Legis
lative
jranch
The
ju di
ciary
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971...........................
1972...........................
1973...........................
1974...........................
181
240
255
277
340
384
487
540
625
1975 ( E s t .) ..............
1976 ( E s t .) ..............
744
882
76
86
91
109
128
142
173
183
205
308
342
1974-Apr...................
May...........
June..................
46
52
37
Executive
Office
o f the
President
Funds ap
propriated
to the
President
Housing &
Urban De
velopment
Department
Interior
Depart
ment 2 /
Military
Civil
1,278
1,310
1,300
1,268
1,211
1,376
1,530
1,703
1,682
1,928
2,005
27,959
34,608
40,576
46,594
52,338
61,866
71,779
82,042
93,735
109,932
118,377
2,856
2,777
4,140
1,529
2,603
2,890
3,642
3,592
4,786
5,517
7,055
4,670
726
807
854
1,028
1,188
1,250
1,368
1,455
366
403
430
515
640
916
1,180
1,531
1,797
2,061
2,221
3,109
3,286
3,272
3,475
4,356
7,923
10,033
8,639
8,966
18,966
22,617
152
166
164
146
202
159
173
150
152
86lr
870
843
952
849
736
763
819
1,150
205
175
167
185
1,636
1,731
2,213
2,209
105
125
152
6,636r
7,170
7,095
117
166
246
8,417r
8,665
8,871
283r
326
7
6
7
5
7
6
-109
18
352
277
367
495
384
346
616
763
489
905
6,313
7,062
6,745
7,246
7,389
7,258
125
177
211
198
203
200
8,690
8,808
8,845
9,040
9,132
9,437
688
760
681
573
606
621
19
-1
53
44
7
5
4
20
29
421
270
360
1,545
768
829
1,029
127
128
111
149
127
133
155
123
141
128
-90r
94
-1,391
246r
237r
251r
186r
184r
141 r
7,231
7,044
7,300
6,989
153
129
137
138
9,789
9,217
9,728
10,130
964
372
794
501
265r
75
216
70
226
72
2,482
7,673
1,323
70,577
5
10
11
67
68
42
88
58
60
1975-Jan...................
Feb...................
Mar...................
Apr...................
46
59
61
41
Fiscal 1975 to
date.......................
590
Treasury Department
Transpor
tation
Department
Energy
Re
search
and
Devlp.
Admin.
Environ
General
Services
mental
Protection Admin
Agency
istration
Interest
on the
public
debt 2 /
Other
12,014
13,391
14,573
16,588
19,304
20,959
21,849
24,167
29,319
32,900
36,000
413
-327
82
336
206
31
275
6,792
6,674
6,765
7,453
2,464r
2,514
2,537
2,687
2,657
2,715
2,714
2,662
2,794
2,810
2,621
2,739
2,740
1,706
149
2
244r
233
345
266
167
328
1,580
-105
193
1,464
190
-116
229r
233r
266r
290r
251r
1,434
118
182
1,719
235r
308
293
308
National
Aero
nautics
and
Space
Admin.
1,671
92,818
Veterans
Adminis
tration
Other
independ
ent
agencies
k /
2 /
410
419
424
437
448
468
568
591
730
793 6 /
5,428
5,732
5,970
6,417
7,247
7,531
8,183
8,112
871
950
9,142
9,991
566
659
1,058
J u ly ...
Aug....
S ept...
Oct___
Nov.. . .
Dec.. . .
' 64
42
29
166
67
74
66
67
62
1975-Jan....
Feb.. . .
M ar....
Apr.. . .
81
74
48
51
507
770
802
860
967
834
804
639
738
720
661
432
235
837
1,136
225
1,256
-2,236
—
4,881
2,236
2,503
534
792
484
33r
1
40
18
18
16
22
20
18
1974-Apr.. . .
May.. . .
June...
Labor
Depart
ment
207r
270
1,087
4,607
6,610
1966..............
1967..............
1968..............
1964..............
1970..............
1971..............
1972..............
1973..............
1974..............
1975 (E s t.).
1976 (E s t.).
Justice
Depart
ment
1,644
1,789
109
76
State
Depart
ment
Health,
Education,
& Welfare
Department
54,167
67,453
77,373
77,870
77,150
74,546
75,150
73,297
77,625
83,493
90,775
4,385
4,872
4,913
4,967
4,774
4,540
4,269
3,733
4,015
Fiscal year
or month
Commerce
Depart
ment
5,513
5,841
7,307
8,330
8,307
8,560
10,943
10,028
9,767
8,756
9,662
26
28
28
31
36
47
55
49
75
July..................
Aug...................
Sept.................
Oct.....................
Nov...................
Dec...................
Defense Department
Agricul
ture De
partment
2,403
2,264
2,466
2,450
2,453
2,275
2,392
2,393
2,307
3,090
3,815
420
6,560
1,870
Undistributed offsettin g
__________
receipts 1 /
Rents and
Royalties
on the Outer
Other
Continental
Shelf lands
-242
131
413
425
446
501
589
468
-276
-1,008
-476
5,932
5,423
4,721
4,247
3,749
3,381
3,422
3,311
3,252
3,207
3,498
5,960
6,845
6,858
7,669
8,653
9,756
10,710
11,968
13,337
5,085
6,554
7,337
4,890
7,246
8,879
9,886
11,449
12,945
15,445
15,576
15,935
16,712
-5,000
-8,000
293
278
447
216
247
267
281
297
288
l,015r
920
1,577
1,406
2,370
1,469
1,3°2
1,344
1,896
205
201
271
325
-122
36
69
-133
298
283
315
287
1,163
1,177
1,014
1,256
1,234
1,145
1,217
1,338
1,633
1,397
1,581
1,402
1,505
-2,128r
119
107
139
1*5
200
205
-56
-101
-19
-296
-10
-24
-170
-2
96
-556
2,781
13,706
701
763
1,114
2,032
2,937
3,080
Fiscal 1975
6,658
1,937
757
j 2,529
27,139
7,641
to da te.. . .
Source:
See Table FF0-1.
Note:
Outlays consist o f disbursements less proprietary receipts from
the public and certain intrabudgetary transactions. Agency sh ifts are
shown in this table beginning with the period o f such s h ifts; figures
p rior to the sh ifts have been adjusted.
1 / Prior to January 1975, Rents and Royalties on the Outer Continental
Shelf lands were shown as proprietary receipts from the public for
the Interior Department. To conform with the FY 1976 Budget
Document's presentation, these amounts were recla ssified and are now
being shown as undistributed offsettin g receipts.
1,715
-3,93&
-4,499
-5,117
-6,380
-7,376
-7,858
-8,379
-9,893
-11,839
-12,193
13,057
Total
134,652
158,254
178,833
184,548
196,588
211,425
231,875
246,526
268,392
313,446 2 /
349,372 7 /
22,219r
23,981
24,172
-30
-59
-48
-317
-1,148
-49
-867
-763
-1,007
-967
-778
-1,026
-961
-791
-1,027
1,095
992
1,252
1,286
-34
-58
-312
-35
-1,316
-713
-925
-1,018
28,934
26,200
27,986
29,601
14,503
-2,089
-9,522
266,119
24,411
25,408
24,712
26,460
24,965
27,442
Reported on 1an accrual basis. Pursuant to Public Law 93-438, the a ctivity fo r the Atomic Energy
Commission other than nuclear regulatory and reactor safety research
was transferred to the Energy Research and Development Administration.
y
Includes the U.S. Postal Service.
y
For content see Table FF0-4.
6 / Federal Aviation Agency.
2/ Includes $700 m illion (FT 1975) and $8,050 m illion (FY 1976) fo r energy
tax equalization payments, civ ilia n agency pay raises, and contingencies,
r
Revised.
2/
7
June 1975
.FEDERAL FISCAL OPERATIONS,
Table FFO-4. - Undistributed Offsetting Receipts
(In millions o f dollars)
Federal employer contributions to retirement funds
Fiscal year
or month
Health, Education,
and Welfare Dept.
C ivil Service
Commission
Federal Old-Age,
D isability, and
Hospital Insurance
C ivil Service
Retirement and
Disability Fund
Interest credited to certain Government accounts
Health, Education, and Welfare Department
Defense
Department
Other
Total
1 /
196 6
196 7
196 8
196 9
197 0
197 1
197 2
197 3
197 4
1975 ( E s t . ) .. . .
1976 (E s t.)___
1974-Ap r
May............
June..........
353
475
510
611
728
727
742
816
911
1,082
1,149
85
85
85
1,090
1,181
1,310
1,401
1,709
1,876
2,018
2,101
1,756
4
5
5
6
8
8
9
10
652
1,864
1,946
197
-279
142
1,124
794
1
463
180
July..........
Aug............
Sept..........
Oct............
Nov............
Dec............
78
78
80
74
74
74
152
166
188
151
124
110
1975-Ja n
Feb............
Mar............
Apr............
99
109
103
103
Fiscal 1975 to
date..............
872
Federal Old-Age
S oldiers' < and Survivors
Insurance
Airmen's
Trust Fund
Home
Permanent
Fond______
Federal
Disability
Insurance
Trust Fund
Federal
Supplementary
Medical
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
59
64
83
140
221
324
388
435
479
7
46
61
94
138
183
190
198
406
15
21
23
12
17
29
43
77
619
286
232
327
5
51
16
40
48
969
6
46
16
38
514
488
4
6
222
*
8
2
2
5
239
1
9
2
2
626
833
7
10
204
2
1
7
1
3
276
2
2
1
3
97
121
2
3
33
*
1
2
2
1
45
1
1
1
2
3,140
1,234
270
299
55
1,447
1,661
1,825
2,018
2,444
2,611
2,768
2,927
3,319
4,070
3,889
283
269
407
587
721
894
1,009
1,346
1,617
1,718
1,848
2,039
2,297
2,428
43
46
875
271
286
309
269
264
278
184
121
158
220
40
41
a
45
66
94
336
56
-29
4
1,574
694
Interest credited to certain Government accounts—Continued
Fiscal year
or month
Interior
Department
Indian
Tribal
Funds
Labor
Department
Unemployment
Trust Fund
Government
Life
Insurance
Fund
National
Service
Life
Insurance
Fund
Civil Service
Commission
C ivil Service
Retirement and
D isability
Fund
Railroad
Retirement
Board
Other 2 /
Total
Rents and
Royalties
on the Outer
Continental
Shelf lands
Grand
total
1 /
191
198
211
225
245
271
292
309
338
368
387
546
622
706
805
987
1,232
1,464
1,566
1,838
2,128
2,382
161
170
181
191
215
251
258
262
257
2
2
2
3
5
4
4
5
35
285
301
103
154
1,917
2,275
2,674
3,099
3,936
4,765
5,089
5,452
6,574
7,769
8,305
1
*
162
-4
32
815
584
494
600
3
63
6
9
34
948
681
295
663
602
386
-2,533
697
492
717
692
5fe7
749
30
59
48
317
1,148
49
-
-3
50
22
32
2
6
*
1
*
173
2
7
*
1
2
9
93
1
19
2
3
8
101
499
353
-2,260
1
3
8
11
15
241
1
4
3
1
*
*
15
*
*
*
*
*
15
*
*
*
*
3
64
3
5
-4
17
*
7
689
228
644
599
697
427
693
691
34
58
312
35
1,350
771
1,236
1,053
*
476
289
16
192
1,138
154
2,253
6,382
2,089
11,611
33
30
32
32
31
31
32
31
31
727
470
21
27
230
8
8
208
2
42
8
21
28
274
10
9
7
5
15
10
8
18
5
309
380
439
517
601
637
496
487
650
9
10
1974-Apr.....................
May.....................
June...................
_
July...................
Aug.....................
Sept...................
Oct.....................
Nov.....................
Dec.....................
•
.
-
Fiscal 1975 to
date...........................
Highway
Trust Fund
Veterans Administration
8
14
34
53
115
184
206
247
415
577
692
1966.............................
1967.............................
1968.............................
1969.............................
1970.............................
1971.............................
1972.............................
1973.............................
1974.............................
1975 (E s t.)................
1976 (E s t.)................
1975-Jan.....................
Feb.....................
Mar.....................
Apr.....................
Transportation
Department
_
-
*
-
31
32
Source:
See Table FF0-2.
1 / Includes receipts from off-budget Federal agencies to the C ivil Service
Retirement and D isability Fund as o f May 1974.
2 / Beginning fis c a l 1974, includes adjustment o f interest on public
debt issues to convert to the accrual basis.
2 / Prior to January 1975, Rents and Royalties on the Outer Continental
Shelf lands were shown as proprietary receipts from the public for the
-
3,364
3,936
4,499
5,117
6,380
7,376
7,858
8*378
9,893
-5,000
-8,000
11,839
12,193
_
_
_
_
-
2,128r
-
2,995r
763
1,007
997
$37
1,074
1,278
1,939
1,076
Interior Department. To conform with the FY 1976 Budget Document's
presentation, these amounts were recla ssified and are now being shown
as undistributed offsettin g receipts. As a result, the detail w ill
not add to the Fiscal Year 1974 tota ls.
Less than $500,000.
Revised.
00
Table FFO-5. - Budget Outlays by Function
(In millions o f dollars)
Fiscal year 1975
Fiscal year 1974
1
May
June
July
Aug.
-529r
-*
7,661
-417
-1
9,006
-938
-6
6,692
-848
17
7,361
-451
-5
7,341
-449
-15
6,697r
7,243
8,062
5.862
6,905
6,877
proprietary receipts from the public.
Intrabudgetary transactions.................
-54r
-8r
-2
316
-5
-
442
-40
_*
266
-6
-*
Total..........................................................
-64r
312
402
403
-34
369
362r
-3
359r
280
-2
422
25
278
735r
-133r
-1
Function
Apr.
Outlays.......................................................
Proprietary receipts from the public.
1 ,2 2 1 V
Total............... .............................. .
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
Comparable
Cumulative period
fis c a l 1974
to date
National Defense
8,112
-458
-3
7,652
8,005
-327
-5
7,970
-386
-*
7,894
-597
9
7,757
-219
-10
8,069
-633
*
8,018
-467
3
77,222
-4,830
-7
67,410
-3,371
-6
7,673
7,584
7,307
7,528
7,435
7,555
72,385
64,033
397
-1
76
-14
-*
374
-1
_*
426
-84
_*
301
-27
383
-*
_*
506
-2
-*
124
-15
-*
2,952
-182
2,574
-158
-3
260
398
62
373
342
274
382
503
109
2,769
2,414
217
247
267
-*
282
-*
297
288
_■*
299
351
-1
379
368
-*
3,517
-3
3,233
-29
447
216
247
267
281
297
288
298
350
379
368
3,514
3,204
608
-180
-*
919
-1,786
2
620
-122
-1
696
-181
-*
818
-90
_*
708
-428
-*
801
-1,274
-1
716
-101
1
752
-102
-
568
-100
_*
756
-33
759
-149
7,449
-987
-2
5,765
-1,053
-3
602r
428
-865
498
514
728
280
-474
616
650
468
723
611
6,460
4,709
-275r
-9
-284r
316
-3
189
-6
-60
-*
23
-4
-60
-151
-4
-155
330
-4
326
160
-4
156
350
-3
347
279
-4
275
2,280
-39
183
362
-4
358
815
-9
313
-57
-4
-61
2,241
3,101
-43
3,058
Outlays.......................................................
Proprietary receipts from the public.
Intrabudgetary transactions.................
l,617r
-7r
-r
1,620
-29
-17
1,116
-17
-*
2,281
-21
-2
1,188
-24
-1
1,456
-21
-42
934
-17
-2
10,194
-153
-107
1,099
2,257
1,163
1,147
1,393
915
1,103
-15
—
1,088
13,488
-185
-38
1,574
682
-16
666
1,430
-15
l,609r
1,274
-25
-3
1,246
1,168
-21
-1
Total..........................................................
898
-19
-3
875
13,265
9,935
694
-*
-
773
-*
-
820
199
-*
20
310
352
458
-6
452
3,644
-4
-2
4,505
-3
-1
693
773
19
309
3,638
4,501
662
662
1,271
-2
1,270
855
-1
-#
854
926
-*
925
1,840
-2
1,834
11,789
-10
**
11,779
10,067
-10
10>057
International affairs and finance
General science, snace* and technology
Proprietary receipts from the public.
Total...........................................................
Natural resources, environmentsand
energy
Proprietary receipts from the public.
Intrabudgetary transactions.................
Agriculture
Proprietary receipts from the public.
19
806
a
GO
0
£
1
21
H
H
§
Commerce and transDortation
1,415
CO
Community and regional development
Outlays.......................................................
Proprietary receipts from the public.
Intrabudgetary transactions.................
-485
-*
-*r
Total..........................................................
-486
352
-
850
899
819
752
-*
752
850
-
1,157
-*
-
899
1,157
199
838
-1
837
794
*
794
838
-1
$37
857
-1
856
1,228
-1
1,227
1,026
-3
1,024
-
Education, mannower. and social services
9l8r
Proprietary receipts from the public.
Intrabudgetary transactions.................
917r
1,210
_*
—
1,209
1
K
3P
8a*
Table FFO-5. - Budget Outlays by Function—Continued
(In millions of dollars)
Fiscal year 1975
Fiscal year 1974
Function
Apr.
May
June
July
Aug.
Sept.
Oct.
2,228
-*
- I 84
2,211
-1
-177
2,248
-1
-25
2,044
2,219
-*
-234
1,984
2,034
2,223
Dec.
Nov.
Jan.
Feb.
Apr.
Mar.
Comparable
period
Cumulative fis c a l
to date
1974
Health
2,622
_*
-371
2,250
3,018
_*
-712
2,305
2,597
-1
-209
2,387
8,066
-*
-7
8,397
-2
9,441
-*
-502
9,315
-*
-6
7,989
8,059
8,395
8,940
9,311
8,933
-*
-4
8,929
1,274
-38
-*
1,184
-36
_*
1,260
-40
_*
1,378
-36
-*
1,678
-42
-*
1,442
-43
-*
1,258
1,236
1,147
1,220
1,341
1,636
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
323r
9r
5r
520
-12
-10
3,064
-10
- 2,400
508
-33
-9
786
-47
-12
758
-15
-12
548
-4
-15
336r
498
655
466
727
731
529
1
_*
_*
1,538
1,538
*
*
6,211
-6,205
2,560
-10
-167
-75
2,308
2,706
-6
-165
-11
Proprietary receipts from the public
Intrabudgetary transactions .............
l,970r
-1
-165r
2,424
-*
-181
Total.........................................................
l,804r
2,243
2,276
-1
-175
2,100
8,199r
-*
-11
8,776
-*
-932
7,668
-1
-92
8,019
-*
-2
7,944
-*
-3
7,990
-*
-1
8,l87r
7,844
7,575
8,017
7,941
l,129r
-38
-*
1,224
-44
_*
1,055
-38
_*
1,300
-42
-*
l,091r
1,180
1,017
Outlays.....................................................
Proprietary receipts from the public
204r
-
Total.........................................................
203r
Outlays.....................................................
Proprietary receipts from the public
Intrabudgetary transactions...............
Total.........................................................
2,446
-*
-201
2,245
2,903
-*
-203
2,700
3,063
-1
-217
25,771
-5
-2,532
19,570
-6
-2,173
2,845
23,234
17,391
9,455
9,961
68,978
-1
-538
Income security
Outlays ...................................................
Proprietary receipts from the public
Intrabudgetary transactions...............
-1
-427
84,375
-1
-960
9,454
9,534
83,413
68,438
2,030
-36
-*
1,853
-42
1,399
1,993
1,811
1,502
-36
-*
1,466
17,666
-392
-2
17,273
11,560
-396
-2
11,162
-
-
-
-
200
-3
241
-1
265
-*
2,291
-9
1,832
-6
-
-
-
197
240
264
2,282
1,826
577
-34
-14
529
853
-32
-11
527
-32
-7
347
-55
-21
381
-32
-21.
3,264
-277
-112
810
489
270
328
165
-9
-4
152
2,874
3,245
-141
-133
2,971
4
-
-*
_
_*
1,528
1,528
*
-*
-*
3
_*
3
1,524
_*
-
12,930
-15
-6,205
12,598
-13
-6,055
7
1,533
1,533
1,524
6,709
6,531
2,677
-1
-199
-*
2,733
-*
-10
-*
2,733
-12
-283
-4
2,813
-77
-134
-127
2,830
-63
-207
-22
2,627
-2
-7
-
2,667
-1
-10
-
2,73 8
-14
-8
27,112
-176
-1,043
24,374
-158
-960
-
2,525
2,477
2,721
2,433
2,704
-1
-2
-13
2,688
2,475
2,538
2,618
2,656
2,716
25,893
23,255
-1,007
-967
-778
-1,026
-961
-791
-1,027
-1,350
-826
-1,236
-13,298
24,411
25,408
24,712
26,460
24,965
27,442
28,934
26,200
27,986
-1,053
29,601
-11,611 .
24,172
266,119
220,186
Veterans benefits and services
Outlays.....................................................
Proprietary receipts from the public
Intrabudgetary trans ac t i ons...............
Law enforcement and Justice
General Anvarr m a n t
General Revenue Sharing and
General Purpose Fiscal Assistance
Outlays.....................................................
Proprietary receipts from the public
Intrabudgetary receipts.......................
Total.........................................................
1,767>
-4
1,762*
-
1
4
Interest
Outlays.....................................................
Proprietary receipts from the public
Intrabudgetary transactions...............
Interest and dividends.........................
2 ,505r
-14
-llr
-r
2,531
-6
-8
-1
Total........................................................
2,4#0r
2,516
-2,995r
-763
23,981
Undistributed Offsetting Receipts
Net budget outlays ....................
- 22,219r
Source:
Monthly Statement o f Receipts and CXrtlays of the United States Government.
Note: Due to the FY 1976 Budget document reclassifications, function breakouts may not
add to cumulative to date tota ls.
*
Less than $500,000.
r
Revised.
-
Treasury Bulletin
PP.DP.RAT. FISCAL nPP.RATTONS
Table FFO-6. - Investment Transactions of Government Accounts in Federal Securities (Net)
(In millions o f dollars)
Health, Education, and Welfare Department
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund
Federal
D isability
Insurance
Trust
Fund
Government National
Mortgage Assn.
Other
*
*
*
*
*
-1
-
2,559
_
479
-197
77
-345
' 244
221
222
531
326
3,212
371
4
-11
221
327
194
249
12
19
28
-647
1,325
-252
-1,175
422
310
-68
4
-13
-144
—
69
224
1975-Jan....................
Feb....................
Mar...................
-794
1,482
-117
719
-224
-59
108
46
13
181
304
-33
-37
825
-98
17
271
60
22
107
29
-137
171
33
14
-18
-2
18
_
-*
*
_
-
Fiscal 1975 to
date.........................
1,274
-195
1,505
237
**
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971...........................
1972...........................
1973...........................
1974...........................
1975 (E s t.)..............
-858
3,741
1,584
2,898
3,953
1,274
1,827
2,298
2,217
1,682
-413
296
591
1,121
1,342
1,263
934
792
391
-216
786
497
87
590
693
377
-146
1,338
3,642
1976 (E s t.)..............
-19
-901
1974-Apr...................
273
-83
551
July..................
Aug...................
Oct....................
Nov....................
Dec....................
Transportation
Department
Fiscal year
or month
Airport
and
Airway
Trust Fund
Treasury
Department National
Service
Highway
Life In
Trust Fund
surance
Fund
388
723
-589
-747
-5
1,380
1,201
353
-566
204
-109
224
5
86
83
62
272
178
-
31
-
156
178
1974-Apr...................
May...................
65
58
95
21
234
11
July...........
Aug...................
Sept..................
06t....................
Nov...................
Dec....................
76
78
79
71
81
124
232
295
-*45
-67
127
169
4
-85
-434
32
13
10
12
8
94
1975-Jan...................
Feb....................
Mar...................
Apr...................
80
102
82
77
92
78
197
82
Fiscal 1975 to
date.........................
851
1,160
1,034
1976 (E s t.)..............
_
878
Source:
See Table FFO-2.
*
Less than $500,000.
*
-
Federal
Housing
Adminis Partici
tration pation
Sales
Fund
Other
Federal
Insurance
Adminis
tration
-129
45
135
165
131
128
109
31
63
138
50
62
470
465
-369
197
-202
299
184
245
-19
-9
-7
-8
-8
-6
-8
-4
1
-42
7
72
218
-12
7
2
-3
-1
-13
48
22
55
34
2
22
14
14
2
32
9
6
-37
16
45
15
39
-9
13
21
38
-5
2
-*
-1
*
-*
5
-*
2
4
-1
1
*
1
390
137
3
-3
32
28
14
1
6
5
Other
Unemploy
ment Trust
Fund
14
-8
-10
-3
2
5
9
15
22
1,468
1,156
1,146
938
488
-1,747
-1,428
1,144
1,165
-3,297
Other
*
*
*
*
*
_*
-
-6,140
-2
2
-7
5
1
2
_*
2
-
14
1
1
2
16
-15
1
2
-1
3
3
-2
3
1
-269
945
-508
-358
272
-590
-1,325
-640
-1,482
-1,029
_
_
_
_
_
—
11
4
11
-4,984
-
Federal
Savings
and Loan
Insurance
Corpora
tion
Postal
Service
-425
1,714
-72
Veterans
Administration
-28
484
257
534
1,089
1,033
822
1,094
2,049
1,786
1,657
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971...........................
1972...........................
1973...........................
1974...........................
1975 (E s t.)..............
Labor Department
Housing and Urban Development Department
Federal
Supple
Federal
mentary
Hospital
Insurance Medical
Trust Fund Insurance
Trust Fund
Other
40
-70
122
29
14
20
29
26
30
34
30
-18
-9
137
*
-8
-21
-19
-8
163
32
18
4
5
228
Federal
Deposit
C ivil
Service
Insurance
Commission Corpora
tion
1,121
1,078
873
1,975
1,960
2,932
3,123
3,337
3,669
4,150
Railroad
Retire
ment
Board
A ll
other
Total
32
51
-21
-204
237
-145
26
67
110
3,244
9,035
5,320
8,522
10,062
7,417
8,420
11,821
14,813
8,794
3,884
204
212
265
283
173
196
148
257
378
1,370
-280
-292
154
173
135
59
268
-9
-110
24
-60
299
321
-538
-260
-191
-35
111
4,203
227
238
258
313
328
180
438
537
225
530
872
-4
-2
26
-58
-53
3,198
-2
5
-56
15
43
17
-55
-306'
288
-212
962
-28
4
8
46
-3
-2
-5
-3
-3
31
-118
-15
-136
-76
-249
763
11
101
-59
-95
64
209
928
-231
-34
-257
-2
17
69
7
8
45
19
-203
43
-273
-189
-12
-37
2
8
1
2
5
53
-58
2,736
4,299
-660
4,108
-1,061
-2,205
622
2,186
-14
-145
-5
-2
*
-19
-2
258
-194
-103
-185
119
201
-13
14
16
76
8
33
-287
-235
-212
-104
-178
-25
-111
-215
74
38
30
36
-2,215
729
-1,295
-441
-59
-5
-56
3a
298
-228
-1,201
249
-233
_
.
_
_
65
Table FFO-7. - Trust Funds Transactions July 1, 1974 through April 30, 1975
£
Outlays
Receipts
VO
^1
Vn
Interfund transactions
Classification
Total in
trust
funds
Trust
interfund
and pro
prietary
receipts
Receipts
o f trust
funds
y
Unified
budget
receipts
Interfund
attrib
trans
utable
actions
to trust
2/
funds
Total in
trust
funds
Trust
inter
fund
trans
actions
Propri
etary
receipts
from the
public
Outlays
o f trust
funds
(7)
(8)
v9,
y
(1)
(2)
(6)
(5)
(3)
(4)
47,346
2,334
45,012
46,185
Federal Old-Age and Survivors
Insurance..........................................
47,346
Federal Disability Insurance........
6,326
-
6,326
408
5,918
6,546
-
10,158
961
9,197
Federal
payments
and con
tribu
tions
Federal
employer
contri
butions
Interest
and pro
f it s on
invest
ments in
Federal
securities
Other
Total
4/
Unified
budget
outlays
attrib
utable
to
trust
funds
(10)
(H )
(12)
(13)
(14)
(15)
(16)
46,185
445
654
1,234
2,334
43,851
1,161
-
6,546
52
86
270
-
408
6,137
-219
8,735
_
_
8,735
530
132
299
_
961
7,773
1,423
2,059
1,377
201
3,416
2,409
-284
-232
232
-348
348
442
370
6,133
72
3,906
1,131
-977
977
Federal Hospital Insurance............
10,158
_
Federal Supplementary Medical
Insurance..........................................
3,637
_
3,637
2,059
1,578
3,436
_
_
3,436
2,004
_
55
Federal Employees Retirement........
5,567
26
5,541
3,416
2,125
5,851
26
-
5,825
1
2,268
1,142
Federal Employees Life and
Health Benefits..............................
-232
Federal Deposit Insurance
Corporation......................................
_
_
_
39
_
_
-348
6,205
6,133
6,133
5,037
4,195
4,195
General Revenue Sharing.................
6,205
6,205
Highway...............................................
5,326
5,326
Military Assistance Advances........
3,654
Railroad Retirement.........................
1,274
1,274
152
1,122
Unemployment......................................
/ QI f .
4,946
476
4,470
Veterans Life Insurance.................
600
390
210
210
A ll other tr u s t...............................
216
309
-93
-127
Total...............................................
96,106
4,379
91,727
10,217
2,678
-
3,654
_
481
851
289
-348
481
851
5
-232
812
Airport and Airway...........................
Excess o f
receipts
or outlays
(-)
_
2,499
2,499
4
9,994
39
-
289
-
152
2,347
-1,225
9,994
476
476
9,518
-5 0Z.9
208
2
210
104
-104
17
-182
-127
221
-186
4,177
-175
10,217
82,664
-1,154
390
314
34
403
309
94
38
81,510
97,258
4,353
92,879
3,073
Source: Based on Monthly Statement of Receipts and Outlays of the U.S. Government.
Note: The memorandum section of various tables in the Federal Budget presents the trust fund receipt
and outlay data on the same concept as columns (3) and (9) above. Trust interfund transactions
are payments from one fund to another trust fund and are excluded in calculating trust fund
receipts and outlays. The intragovernmental transactions are payments from Federal funds to trust
funds, and vice versa, but exclude $105 million in trust fund payments to Federal funds.
1 / For content see columns (7) and (8 ).
-
.
148
704
26
_
289
-
3,654
_
39
-977
-
_
3,140
2 / For content see columns 10-13.
Includes net taxes and other receipts, mainly deposits by States and Federal
employee retirement contributions.
i j
Excludes trust fund payments to Federal funds, such as charges fo r administrative
expenses of Social Security Act.
2 /
GO
O
>
r*
o
m
50
%
HH
o
z
GO
12
Treasury Bulletin
.FEDERAL OBLIGATIONS,
of
cat
e
gor
i
e
s
w
h
i
c
h
ar
e
b
as
e
d
u
p
o
n
t
h
e
n
at
u
r
e
of
t
h
e
t
r
a
ns
"O
bl
i
g
at
i
o
ns"
ar
e
t
h
e
basi
s
o
n
w
h
i
c
h
t
h
e
u
s
e
of
f
u
n
d
s
act
i
o
n
w
i
t
h
o
u
t
r
e
gar
d
t
o
i
t
s
u
l
t
i
m
at
e
p
u
r
p
o
s
e
.
Al
l
p
a
y
m
e
n
t
s
iatscont
r
o
l
e
d
i
n
t
h
e
Fed
er
a
l
G
o
v
e
r
n
m
e
n
t
.
T
h
e
y
ar
e
r
e
co
r
d
e
d
f
o
r
sal
a
r
i
e
s
a
n
d
w
a
ge
s
,
f
o
r
e
xa
m
p
l
e
,
ar
e
r
e
p
o
r
t
e
d
as
p
er
t
h
e
poi
n
t
at
w
h
i
c
h
t
h
e
G
o
v
e
r
n
m
e
n
t
m
a
k
e
s
a
f
i
r
m
c
o
m
m
i
t
m
e
n
t
eperrusoctnioalnserofcapi
vicestaarleiteumsesd.
tkeoyacqevenuirtes—goorodders,ordelserivvericesy, apnadymareent,thecofinrsstumpoftionth—
ewfhoiuchr sinoncunerlecnotmoppeernsaattioionns,worhienthtehrethconst
char
a
ct
e
r
i
z
e
t
h
e
acqui
s
i
t
i
o
n
a
n
d
u
s
e
of
r
e
sour
c
es.
I
n
g
e
n
eral
,
t
h
ey
consi
s
t
of
o
r
d
er
s
pl
a
ced,
cont
r
a
ct
s
a
w
a
r
d
e
d
,
ser
Fed
er
a
l
agen
ci
e
s
a
n
d
f
i
r
m
s
o
f
t
e
n
d
o
b
u
s
i
n
es
s
w
i
t
h
o
n
e
vibucressemreenceitofved,monaenyd.similartransactionsrequiringthedis anandotthheer";pinerfdoorimnging"so,atgehen"cbyureyicong"rdsagereim
ncbyurerscoemrdesntobls. igInatiTab
ons,le
FO
-dist1in,guioblshed
igatiofnsromthatthoarseeiinncurcurreeddwouitthsiidnethethGeovGeronvmerennmtearnte.
T
h
e
obl
i
g
at
i
o
ns!
s
t
a
ge
of
G
o
v
e
r
n
m
e
n
t
t
r
a
nsact
i
o
ns
i
s
a
stoprerataetgiiocnspoionnthteinat
ngau
gi
n
g
t
h
e
i
m
p
a
c
t
of
t
h
e
G
o
ve
r
n
m
e
n
t
'
s
TablesFO-2,3,andkshowonlythoseincuredoutside.
i
o
nal
e
c
o
n
o
m
y
,
si
n
ce
i
t
f
r
e
quent
l
y
r
e
p
i
n
i
s
t
r
a
t
i
v
e
b
u
d
ge
t
f
u
n
d
ac
rsteismenultastefsorbubsuinsesinessinsvesfirmtmsentht,einGclovuedirnnmgenintven
comtm
iortympeunrtcwhashiechs countOsblweigreatiofinrstdatpaufbolirshtedheadm
i
n
t
h
e
S
e
p
t
e
m
b
e
r
1
9
6
7
Tr
e
as
u
r
y
BultheleOtcitnobaenrd1th9e67truBulstlefutnind.accoBegiunntnsinwgerewfiithrstthepuApri
blishled196
in8
amnodnthesmpafloytm
e
n
t
of
l
a
bor
.
D
i
s
b
u
r
s
e
m
e
n
t
s
m
a
y
n
o
t
o
ccu
r
f
o
r
e
r
t
h
e
G
o
v
e
r
n
m
e
n
t
pl
a
ces
i
t
s
o
r
d
er
b
u
t
t
h
e
o
r
d
e
r
cept'ss
ietcselonomfy.usuallycausesinmediatepresureontheprivate Buladopletetdinp,utrhseuandattatoaretheonrectohmembasiendsatiofonsthofebthuedgePrtecosidnent
Obligationsareclassifiedaccordingtoauniformset CommisiononBudgetConcepts.
The February obligations data are not included
in this issue due to certain unavoidable de
lays in processing.
February data w ill be
published in the July Bulletin.
June 1975
13
____________ 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.
The tax and loan account system permits the Treasury to
loan accounts with thousands of commercial banks throughout
leave funds in banks and in the communities in which they arise
the country.
Deposits to tax and loan accounts occur in the normal
until such time as the Treasury needs the funds for its opera
course of business under a uniform procedure applicable to all
tions.
In this way the Treasury is able to neutralize the
banks whereby customers of banks deposit with them tax pay
effect of its fluctuating operations on bank reserves and the
ments and funds for the purchase of Government securities.
economy.
A detailed description of the Treasury’s depositary system
In most cases the transaction involves merely the transfer of
money from a customer’s account to the tax and loan account in
may be found in the Annual Report of the Secretary of the
the same bank.
Treasury for 1973, pages 282-285..
On occasions, to the extent authorized by the
Table UST-1. - Status of the Account of the U.S. Treasury
Funds in process
o f collection
through*
Treasury operating balance 1 /
End of
fis c a l year
or month
Available funds in
demand accounts at:
Federal
Reserve
banks
Special
depositaries,
Treasury tax
and loan
accounts
1966................................ .
1967..................................
1968..................................
1969..................................
1970..................................
1971...................................
1972...................................
1973...................................
1974...................................
1973-Dec...........................
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
6,929
7,372
7,634
8,433
6,152
2,543
1974-May...........................
June.........................
3,134
2,919
3,823
3,304
3,211
789
1,494
3,113
July.........................
Aug...........................
Sept.........................
Oct...........................
Nov...........................
Dec...........................
1975-Jan...........................
Feb...........................
Mar...........................
3,541
2,885
4,271
8,364
......... .Mayt Tr TT>------------- ■. , 7 ,P40
Other
deposi
taries 2 /
_
Total
Federal
Reserve
banks
Other
deposi
taries 2
139
106
88
10,917
5,695
5,298
5,894
8,045
8,755
10,117
12,576
9,159
370
577
352
393
355
419
252
243
276
179
117
135
7,760
70
10,374
89
3,226
6,152
88
88
6,448
9,159
2,543
2,049
5,384
1,381
1,571
2,745
88
91
92
71
2,115
410
2,142
5,415
984
/
Time deposits
and other
depositary
accounts
Coin,
currency
and coinage
metal
775
1,159
768
553
277
4a
471
586
602
64
252
266
190
158
218
187
54
41
19
27
128
276
73
135
34
19
620
602
70
6,455
5,443
8,687
2,241
3,066
5,928
141
102
263
124
130
149
43
64
101
59
46
79
588
613
625
604
621
599
220
220
220
521
521
5,876
3,515
6,633
14,299
8,545
224
180
161
329
123
191
97
97
175
41
33
26
33
79
22
23
86
12
-
-
Source: Bureau o f Government Financial Operations.
1 / Effective January 1972, the Treasury operating balance excludes the
gold balance in Treasury.
2 / Represents deposits in certain commercial depositaries that have
been converted from a time deposit to a demand deposit basis to
permit greater fle x ib ilit y in Treasury cash management.
_
_
-
2 /
4/
I 84
192
48
531
653
669
717
708
768
Balance in
account of
the U.S.
Treasury
Miscel
laneous
items
Gold
balance
4/
93
62
86
104
121
108
129
70
54
80
102
112
111
112
111
109
107
107
106
12,407
7,759
6,694
7,104
9,016
9,911
11,310
13,741
10,352
107
11,273
92
54
37
20
61
43
51
24
51
62
75
56
44
106
106
7,502
10,352
106
106
106
106
106
-
7,403
6,373
9,877
3,256
4 ,0 a
6,802
7,081
4,535
7,867
15,760
9,570
_
-
_
-
Represents funds in process o f collection by (a) the U.S. Treasury
and (b) commercial banks which have been authorized to defer credit
u ntil checks are collected. Data prior to January 1972 included in
miscellaneous items column.
The free gold balance can be readily converted to available funds witfi
Federal Reserve banks.
Treasury Bulletin
14
ACCOUNT OF THE U.S. TREASURY
Table UST-2. - Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
Balance
Credits
Taxes"
Proceeds from sales of securities l /
Fiscal year
or month
Savings
bonds
and
savings
notes 2/
Retire
ment
plan and
tax and
loss
bonds 2 /
Tax
antici
pation
securities
1966........
196 7
196 8
196 9
197 0
197 1
197 2
197 3
197 4
1973-Dec.
2,704
2,783
2,673
2,599
2,573
2,844
3,309
3,261
3,095
7,368
7,643
9,538
10,408
13,043
6,954
6,443
4,413
8,255
200
1,351
1974-May.
June
293
233
259
272
237
275
260
247
July
Aug.
Sept
Oct.
Nov.
Dec.
1975-Jan.
Feb.
Mar.
Apr.,
May.
340
306
299
303
295
Other
1,627
1,173
9,576
5,417
3,640
1 2 ,4 2 1
9,3 &
6,158
817
1,383
1,475
39 6/
During period
Total
credits
With
drawals
End of
period
74,699
91,382
11 2 ,583
142,333
151,721
153,346
164,920
185,669
209,267
75,338
97,160
112,741
141,921
149,317
152,900
164,645
184,874
211,545
10,050
4,272
4,113
4,525
6,929
7,372
7,634
8,433
6,152
18,376
19,929
14,831
16,173
22,460
16,466
22,696
16,252
16,282
19,897
15,419
15,543
20,857
17,894
18,029
20,134
15,694
15,803
21.143
21,813
19.773
21,501
18,524
16,797
19,699
15,621
19,957
15,803
16,763
21,526
19,486
16,178
16.143
17,069
21,825
19,789
16,473
16,778
18.773
20,095
16,518
20,903
2,114
410
2,140
5,411
981
Withheld,
excise
and cor
poration i
48,478
70,524
90,791
123,906
132,460
131,121
145,797
171,828
197,091
Source: O ffice of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports,
l / Special depositaries are permitted to make payment in the form of a
deposit cred it for the purchase price o f U.S. Government securities
purchased by them for their cwn account, or for the account of their
.customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting sub
scriptions to the issues.
2 / United States savings notes f i r s t offered for sale as of May 1, 1967
and were discontinued after June 30, 1970.
2 /
Retirement plan bonds f ir s t offered for sale as of January 1, 1963;
tax and loss bonds f i r s t issued in March 1968.
4 / Taxes e lig ib le for credit consist o f those deposited by taxpayers in
the depositary banks, as follows: Withheld income taxes beginning
j
Income (by
special
arrange
ment) 1 /
14,522
9,257
High
Low
Average
447
710
1,029
709
894
846
1,737
800
520
7,760
11,274
9,979
8,004
9,720
7,990
8,532
10,251
10,854
9,340
7,760
4,324
3,775
4,191
4,329
4,022
5,146
5,648
5,644
3,913
3,691
3,226
6,152
9,340
6,800
5,496
3,374
2,544
2,049
5,386
1,381
1,563
2,749
7,249
3,098
5,536
4,760
2,408
3,851
3,107
2,114
3,735
5,411
6,289
3,226
844
1,740
626
694
165
7
371
3 82
264
64
81
756
1,740
825
1,392
1,510
2,187
961
3,355
2,152
3,069
1,499
937
2,097
March 1948; taxes on employers and employees under the Federal Insur
ance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; a number o f excise taxes
beginning July 1953; estimated corporation income taxes beginning
April 1967; a ll corporation incoue taxes due on or after March 15, 1968
and F'JTA taxe3 beginning April 1970.
5 / Under a special procedure begun in March 1951, authorization was given
during certain periods for income tax payments,or a portion o f them
made by checks of $10 ,0 0 0 or more drawn on a special depositary bank,
to be credited to the tax and loan account in that bank. This proce
dure was discontinued in April 1967.
6/ Credits erroneously allowed in one Federal Reserve d is tr ic t.
15
June 1975
ACCOUNT OF THE U.S. TREASURY
Table UST-3. - Gold Assets and Liabilities of the Treasury
(In millions o f dollars except ounces)
Gold assets 1 /
Gold lia b ilit ie s 2 /
End o f calendar year or month
Ounces 2 /
1974-May.............................................................
Dec.............................................................
1975-Jan.............................................................
Dollars
Balance o f gold in
U.S. Treasury account 2 /
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 V
11,567 y
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
273,954,660.5
11,567
11,460
107
273,949,686.7
273,949,698.8
11,567
11,567
11,460
11,460
106
106
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
11,635
11,621
11,620
11,620
11,620
11,635
11,621
11,620
11,620
11,620
Source:
Circulation Statement o f United States Money through 1965;
Daily Statement o f the United States Treasury thereafter.
1 / Consists o f: Gold certifica tes (Series 1934) issued only to Federal
Reserve banks; gold ce rtifica te s 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 u ntil March 18, 1968 when i t was combined with
the gold ce rtifica te fund pursuant to P.L. 90-269, approved March 18,
1968, and gold reserve against U.S. notes u ntil March 18, 1968 when
i t was transferred to the public debt also pursuant to P.L. 90-269.
2 / As o f December 9, 1974, gold certifica tes have been issued to the
Federal Reserve against a ll o f the gold owned by the United States
Government. Repeal to the Gold Clause Joint Resolution (31 USC 463)
became effe ctive December 31, 1974. Pursuant to th is, bids ranging
2/
y
-
~
from $153 to $185 per ounce were accepted fo r the delivery o f 756,862
ounces, to be delivered in January and February 1975. Redemptions
o f Gold Certificates have been made to the same extent as deliveries
computed at the o f fic i a l price o f $42.22, according, the affirmed
value o f Gold Assets and Gold Certificates w ill agree.
Figures prior to December 1974 exclude gold held by the Exchange
Stabilization Fund. On December 9, 1974, Treasury acquired a ll gold
held by the Exchange Stabilization Fund in the amount o f 2,019,751
fine troy ounces. See "International Financial S t a tis tic s .11 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 o f
Section 2 o f the Par Value Modification Act, P.L. 93-110, approved
September 21, 1973. The increment amounted to $1,157 m illion.
Treasury Bulletin
16
_ _ MONETARY STATISTICS___
Table MS-1. - Money in Circulation
(in millions of dollars except per capita figures)
Currencies no longer issued
End of
fis c a l year
or month
1966........................................................
Federal
Reserve
bank
notes
National
bank
notes
Gold
c e r t ifi
cates 2/
303
321
320
320
321
37,315
39,289
41,722
44,547
47,626
51,304
54,572
59,664
65,185
38,290
40,071
42,331
45,146
48,223
51,922
55,184
60,273
65,793
1
*
321
6 4 ,13 0
64,738
4
4
3
212
212
212
1
1
1
*
*
*
322
322
63,712
3a
3
3
3
3
3
3
3
3
3
3
212
212
212
212
211
211
1
1
1
1
1
1
1
1
1
1
*
*
*
*
*
*
321
322
322
322
322
322
*
*
*
*
322
322
322
322
65,185
65,658
66,165
66,072
67,072
68,893
70,804
67,451
67,932
69,115
69,450
64,321
65,219
65,793
66,267
66,773
66,679
67,680
69,501
71,411
68,059
68,539
69,723
70,057
20
4
1974-Apr................................................
May................................................
51
51
51
20
20
20
July..............................................
51
51
51
51
51
51
20
20
20
20
20
20
51
50
50
50
20
20
20
20
1975-Jan................................................
Feb................................................
Mar................................................
Federal
Reserve
notes ij
213
51
Oct................................................
Nov................................................
Dec................................................
Total
currencies
United
States
notes
212
4
4
4
4
4
4
4
4
3
1974........................................................
1973-Dec................................................
Treasury
notes of
1890
*
*
*
*
*
*
*
*
*
21
21
21
20
20
20
20
20
20
1971........................................................
1972........................................................
Federal
Reserve
notes 2/
1
1
1
1
1
1
1
1
1
64
61
59
57
55
54
53
52
51
1968........................................................
Silver
c e r t ifi
cates
Currencies presently
being issued 1 /
582
395
225
223
220
218
215
213
211
211
211
211
300
299
294
297
64,610
Coin
End of
fis c a l year
or month
1966.......................................................
1967.......................................................
Dollars
Fractional
coin
1973-Dec................................................
733
3,782
4,160
4,827
5,308
5,646
5,990
6,383
6,793
7,275
7,026
1974-Apr................................................
May................................................
June..............................................
755
760
765
770
775
779
784
788
793
795
801
804
806
7,157
7,220
7,275
7,336
7,377
7,397
7,435
7,500
7,539
7,489
7,494
7,535
7,580
1971........................................................
1972........................................................
July..............................................
Aug................................................
Sept..............................................
Oct................................................
Nov................................................
Dec................................................
1975-Jan................................................
Feb................................................
Mar................................................
Apr................................................
482
482
482
482
482
482
633
705
765
Source:
Statement o f United States Currency and Coin.
1 / Excludes gold ce rtifica te s, Series o f 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
2 / Issued prior to January 30, 1934.
2 / Issued prior to July 1, 1929.
4/ Issued on and after July 1, 1929.
Total
4,264
4 ,6 a
5,309
5,790
6,128
6,472
7,016
7,498
7,822
7,980
8,040
7,759
8,040
8,106
8 ,1 5 2
8,176
8,219
8,287
8,331
8,285
8,295
8,339
8 ,38 6
Total
money in
circula
tion j>/
42,554
44,712
47,640
50,936
54,351
58,393
62,201
67,771
73,833
72,497
Money in
circulation
per capita
(in dollars) 6/
216.10
224.10
224.55
250.65
265.39
282.03
297.84
322.08
348.42
343.25
72,233
73,199
73,833
341.27
345.63
348.42
74,373
74,926
74,856
75,899
77,789
350.71
353.06
352.46
357.12
365.78
374.71
358.55
360.70
79,743 2/
76,343
76,834
78,062
78,443
366.26
367.86
J5/ Excludes money held by the Treasury and money held by or for the
account o f the Federal Reserve banks and agents.
6 /
Based on the Bureau o f the Census estimated population.
2 / Highest amount to date.
*
Less than $500,OCX).
June 1975
17
.FEDERAL DEBT.
Table FD-1. - Summary of Federal Debt
(In millions of dollars)_________________
Securities held ty:
Amount outstanding
End of
fis c a l year
or month
Government accounts
Total
y
Public
debt
securi
ties
y
The public 2 /
Public
debt
securi
ties
Agency
securi
ties
64,784
73,819
79,140
87,661
97,723
105,140
113,559
125,381
140,194
131,602
64,316
71,809
76,138
84,815
95,170
102,888
111,460
123,385
138,206
468
2,010
3,001
2,846
2,553
2,251
2,100
1,996
1,988
129,641
1,961
Agency
securi
ties
Total
1966.................................
1967.................................
1968.................................
1969.................................
1970.................................
1971.................................
1972.................................
1973.................................
1974.................................
1973-Dec.........................
329,474
341,348
369,769
367,144
382,603
409,467
437,329
468,426
486,247
316,097
322,893
345,369
352,895
370,094
397,305
426,435
457,317
474,235
480,659
469,073
13,377
18,455
24,399
14,249
12,510
12,163
10,894
11,109
12,012
11,587
1974-Apr.........................
May.........................
June.......................
4$3,092r
485,834
486,247
471,078
473,850
474,235
12,015r
11,984
12,012
133,159
135,985
140,194
131,147
133,877
138,206
2,012
2,017
1,988
July.......................
Aug.........................
Sept.......................
Oct.........................
Nov................... , . .
Dec.........................
487,239
493,622
493,130
491,646
496,768
504,031
11,895
11,831
11,664
505,483
510,747
520,701
527,744
139,534
143,642
142,581
140,376
140,998
143,184
140,968
141,698
140,403
139,961
137,544
141,640
140,585
138,421
139,029
141,207
1975-Jan.........................
Feb........•................
Mar.........................
Apr.........................
475,344
481,792
481,466
480,224
485,364
492,664
494,139
499,710
509,659
516,740
1,990
2,002
1,996
1,955
1,969
1,976
1,951
1,942
1,944
1,944
1 1 ,4 2 2
11,404
11,367
11,343
11,037
11,042
11,004
139,017
139,755
138,458
138,017
Source:
Monthly Statement of Receipts and Outlays o f the U.S. Government.
1 / Amounts o f public debt securities outstanding have been adjusted to ex
clude issues to IMF and other international lending institutions to
2 /
r
Total
Public
debt
securi
ties
Agency
securi
ties
264,690
267,529
290,629
279,483
284,880
304,328
323,770
343,045
346,053
349,058
251,782
251,084
269,231
268,080
274,924
294,417
314,976
333,932
336,029
339,432
12,909
16,445
21,398
11,403
9,956
9,911
8,794
9,113
10,024
9,625
349,934r
349,939
346,053
347,706
349,980
350,549
351,270
355,770
360,847
364,514
369,049
380,298
387,783
339,930
339,973
336,029
337,800
340,152
340,881
341,803
346,335
351,457
355,122
359,955
371,201
378,723
10,003r
9,966
10,024
9,905
9,829
9,668
9,467
9,435
9,390
9,391
9,095
9,097
9,060
conform with the budget presentation and the source’ fo r this table.
Includes holdings o f Federal Reserve banlcs.
Revised.
Table FD-2. - Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts in millions)
End of
f is c a l year
or month
Total
interestbearing
public
debt y
Computed
annual
interest
charge 2 /
1966........ :v :—
1967.................................
1968.................................
1969.................................
1970.................................
1971.................................
1972.................................
1973.................................
1974.................................
1973-Dec.........................
1U5,43 1
322,286
344,401
351,729
369,026
396,289
425,360
456,353
473,238
l z , i>16
12,953
15,404
17,087
20,339
20,254
21,545
26,591
30,741
467,827
29,514
1974-May.........................
June.......................
4 7 2,7a
473,238
July.......................
Aug.........................
Sept.......................
Oct.........................
Nov.........................
Dec.........................
474,334
480,740
480,103
479,174
484,150
481,561
493,128
498,661
508,581
515,752
527,030
30,560
30,741
30,852
32,036
32,260
31,934
32,410
32,538
32,538
32,388
32,541
32,832
33,502
1975-Jan.........................
Feb.........................
Mar.........................
Apr.........................
May.........................
Footnotes at end of Table FD-8.
Total
interestbearing
public
debt y
Computed annual interest rate
Marketable issues
Total
Treasury
2
4.^45
4.360
5.711
6.508
7.340
4.516
4.188
6.591
8 .a 6
6.371
4.134
4.165
4.757
5.232
5.986
5.210
5.099
6.129
7.030
6.820
6,529
6.560
7.006
7.030
8.320r
8.416
6.596
6.779
6.816
6.761
6.790
6.773
6.692
6.585
6.459
6.426
6.416
7.036
7.316
7.338
7.294
7.278
7.216
7.120
6.958
6.757
6.692
8.397
8.650
8.777
8.646
8.416
8.185
T .m
4.039
4.499
4.891
5.557
5 .ia
5.093
5.872
6.560
6.6 4 6
8.073
7.934
7.443
7.052
6.795
6.538
B ills
Federal
/
Financing
Bank
-
_
-
Notes
Treasury
bonds
4.351
5.250
_
_
-
4.321
4.764
5.294
5.668
3.655
3.686
3.681
3.722
3.762
3.759
4.018
4.393
4.755
4.566
3.713
3.745
3.876
3.979
4.327
4.608
4.636
5.138
5.374
5.355
3.693
3.854
4.133
4.555
5.235
5.375
5.475
5.880
6.430
6.110
4,752
4.755
4.758
4.861
4.862
4.864
4.981
4.998
5.002
5.081
5.083
5.199
5.335
5.415r
5.374
6.305r
6.430
5.363
5.375
5.435
5.418
5.517
5.514
5.473
5.427
5.368
5.345
5.363
6.540
6.630
6.676
6.563
6.631
6.689
6.601
6.576
6.560
6.589
6.630
-
-
-
-
-
-
-
8.631
8.631
8.631
8.631
8.631
8.631
8.631
8.631
-
.
_
-
—
Government
account
series j>/
C ertifi
cates
-
-
Nonmarketable
-
-
6.420
6.519
6.312
6 .4 12
6.529
6.462
6,528
6.529
6.529
6.757
6.797
6.799
6.901
6.925
6.930
6.997
6.960
6.967
7.070
Other
y
18
Treasury Bulletin
.FEDERAL DEBT,
Table FD-3. - Interest-Bearing Public Debt
(In millions of dollars)
End o f
fis c a l year
or month
Total
interestbearing
public
debt
Foreign government
series
B ills
v
Total
C ertifi- Treasuiy
notes
cates
Treasuiy
bonds
Total
U.S.
savings
bonds
Invest
ment
series
Depos
itary
series
8X7
624
2,001
1,703
3,389
7,606
16,933
26,781
23,412
Govern
ment
account
series
'oreign
Dollar
denomi jurreney
nated 2 / lenomiaated 2 /
Other
337
97
282
564
1,656
3,389
1,322
1,407
2,002
51,120
56,155
59,526
66,790
76,323
82,784
89,598
101,738
115,442
24,461
957
890
1,740
2,367
1,366
1,664
2,072
1,743
1,599
1,586
977
107,973
y
50,649
49,108
71,073
78,946
93,489
104,807
113.419
117,840
128.419
101,897
97,418
91,079
78,805
62,956
53,989
49,335
45,071
33,337
106,303
111,614
117,808
125,623
336,426
150,816
168,158
193,382
206,663
50,537
51,233
51,712
51,711
51,281
53,003
55.921
59,418
61.921
2,692
2,589
2,516
2,459
2,387
2,347
2,310
2,275
2,271
124,643
37,795
197,603
60,317
2,273
44
45
30
28
25
23
22
19
16
16
33,224
33,337
2.271
2.271
16
16
24,400
23,412
1.599
1.599
1,961
2,002
111,286
115,442
33,041
33,854
33,807
33,762
33,293
33,382
203,191
206,663
205,551
208,629
207,495
205,649
206,612
208,670
61,658
61,921
107,321
110,581
111,099
112,083
114,632
119,746
128,385
128.419
128.420
127,675
127,702
127,679
129,613
129,762
62,183
62,339
62,533
62,811
63,144
63,349
2.271
2.271
2,270
2.269
2.269
2.269
16
17
17
17
17
17
22,802
21,600
21,577
21,542
21,523
21,214
1.599
1.599
1.599
1.599
1.599
1.599
121,044
122,995
123,972
126,907
131,541
331,790
132,683
141,915
144,997
146,505
33.298
34,149
34,103
35.298
36,839
206,995
208,834
208,592
208,550
212,144
63,725
64,036
64,371
64,730
65,094
2.269
2.269
2,268
2,268
2,267
17
16
17
16
16
21,363
21,699
22,370
21,997
21,904
1.599
1.599
1.599
1.599
1.599
1,163
1.155
1,169
1,172
1,168
1.151
1.152
1,157
1.155
1,159
1,204
115,517
119,648
118,329
116,241
116,893
119,073
116,870
118,057
116,812
116,781
120,060
1966___
1 9 6 7 ....
1 9 6 8 ....
1 9 6 9 ....
1 9 7 0 ....
1 9 7 1 ....
1 9 7 2 ....
1 9 7 3 ....
1 9 7 4 ....
1973-Dec
315,431
322,286
344,401
351,729
369,026
396,289
425,360
456,353
473,238
209,127
210,672
226,592
226,107
232,599
245,473
257,202
262,971
266,575
467,827
270,224
1974-Wa y
June........
4 7 2 ,7 a
473,238
107,941
105,019
July........
Aug..........
Sept........
Oct..........
Nov..........
Dec..........
474,334
480,740
480,103
479,174
484,150
491,561
493,128
498,661
508,581
515,752
527,030
269,550
266,575
268,782
272,111
272,608
273,525
277,538
282,891
286,133
289,827
299,989
307,202
314,886
1975-Ja n
Feb..........
Mar..........
Apr..........
May..........
Nonmarketable
Marketable
54,929
58,535
64,440
68,356
76,154
86,677
94,648
100,061
105,019
107,786
1,652
5,610
Source:
Monthly Statement of the Public Debt o f the United States.
1 / As o f July 1974, includes Federal Financing Bank.
2 / Consists o f ce rtifica te s o f indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments fo r U.S. dollars.
2 /
Consists o f the dollar equivalent of Treasury certifica tes o f
indebtedness; Treasury bonds from October 1962 - April 1967; and
i j
Treasury notes beginning November 1966 issued and payable in designated
foreign currencies.
As o f the July 31, 1974, Month3y Statement o f the Public Debt o f the
U.S. the column heading was changed to Government account series
which includes Treasury deposit funds in addition to those accounts
previously shown as special issues, formerly included in "other" column.
Table FD-4. - Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
(In millions o f dolla rs)
Maturity classes
End o f
fis c a l year
or month
Amount
outstanding
Within
1 year
1 -5
years
5 -1 0
years
10 - 20
years
20 years
and over
17,023
16,797
16,553
16,217
11,048
10,670
10,059
6,357
5,074
6,145
4
4
4
4
3
3
3
3
3
5,103
5,074
5,039
5,897
5,879
5,866
6,645
6,765
6,722
6,863
6,849
6,834
8,418
3
3
2
3
3
2
3
2
1966.................................
1967.................................
1968.................................
1969.................................
1970.................................
1971.................................
1972.................................
1973.................................
1974.................................
1973-Dec.........................
209,127
210,672
226,592
226,107
232,599
245,473
257,202
262,971
266,575
89,136
89,648
106,407
103,910
105,530
112,772
121,944
122,803
139,942
60,933
71,424
64,470
62,770
89,615
89,074
89,004
88,223
77,199
33,596
24,378
30,754
34,837
15,882
24,503
26,852
31,111
26,957
8,439
8,425
8,407
8,374
10,524
8,455
9,343
14,477
17,403
270,224
141,571
81,715
25,334
15,659
1974-May.........................
JUne.......................
269,550
266,575
268,782
272,111
272,608
273,529
277,538
282,891
142,864
139,942
26,960
26,957
142,245
142,900
143,400
144,373
143,381
148,122
26,953
28,997
29,044
29,027
27,916
27,899
17,458
17,403
17,346
14,952
14,924
14,894
14,865
14,832
286,133
289,827
299,989
307,202
314,886
149,422
143,876
150,852
153,806
164,216
77,165
77,199
77,200
79,366
79,361
79,369
84,730
85,273
87,301
90,086
97,556
100,620
98,302
27,894
27,496
29,256
29,255
29,402
14,794
15,506
15,476
16,687
14,548
July.......................
Oct.........................
Nov.........................
Dec.........................
1975-Jan.........................
Feb.........................
Mar.........................
i
Source:
O ffice o f Debt Analysis in the O ffice of the Secretary.
Average length
yrs. 11 mos.
yrs. 7 mos.
yrs. 2 mos.
yrs. 0 mos.
yrs. 8 mos.
yrs. 6 mos.
yrs. 3 mos.
yrs. 2 mos.
yrs. 0 mos.
3 yrs.
0 mos.
y rs. 0 mos.
yrs. 0 mos.
yrs. 11 mos.
yrs. 0 mos.
yrs. 0 mos.
yrs. 11 mos.
yrs. 0 mos.
yrs. 11 mos.
2 yrs. 11 mos.
3 yrs. 0 mos.
2 yrs. 11 mos.
2 yrs. 10 mos.
3 yrs. 0 nos.
19
June 1975
_________ FEDERAL DEBT__________
Table FD-5. - Government Account Series
(In millions o f dollars)
End o f
fis c a l year
or month
Total
Exchange
Stabilization
Fund
560
$33
722
Federal
employees'
retirement
funds
Federal
Deposit
Insurance
Corporation
Federal
d isa b ility
insurance
trust fund
1,150
1,376
1,891
3,042
4,435
5,713
6,697
7,488
7,880
924
52
152
52
199
44
62
*
-
7,540
-
1966............................................
1967............................................
1968............................................
1969............................................
1970............................................
1971............................................
1972............................................
1973............................................
1974............................................
1973-Dec.....................................
51,120
56,155
59,526
66,790
76,323
82,784
89,598
101,738
U5,442
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
107,973
2,869
28,249
57
85
174
120
74
156
274
263
436
68
1974-May.....................................
June...................................
112,145r
115,442
2,793
2,364
2,381
2,396
2,410
2,426
2,438
2,538
27,949
31,201
492
436
31,071
30,984
30,849
30,749
30,495
31,250
31,472
31,259
31,105
30,917
30,675
447
548
489
395
459
457
7,659
7,880
7,811
7,815
7,802
7,658
7,589
7,813
576
1,092
1,079
1,093
1,372
7,590
7,531
7,639
7,685
7,612
July...................................
Aug.....................................
May....................................
115,517
119,648
118,329
116,241
116,893
119,073
116,870
118,057
116,812
116,781
120,060
End o f
fis c a l year
or month
Federal Savings
and Loan
Insurance
Corporation
Oct.....................................
Dec.....................................
1975-Jan.....................................
Feb.....................................
Mar....................................
-
2,554
2,570
2,579
2,588
2,598
Government
l i f e insurance
fund
Highway
trust fund
National
service l i f e
insurance
fund
1966............................................
1967............................................
1968............................................
1969............................................
1970............................................
1971............................................
1972............................................
1973............................................
1974............................................
1973-Dec.....................................
223
3
36
73
80
89
139
81
129
110
938
814
876
842
797
758
717
690
651
671
238
722
978
1,513
2,602
3,635
4,456
5,550
7,599
6,605
6,113
5,744
5,856
5,754
5,915
6,068
6,155
6,427
6,605
1974-May.....................................
June...................................
138
129
146
237
244
252
373
392
643
651
644
640
633
628
623
631
626
607
602
598
594
July...................................
Aug.....................................
Oct....................................
Nov....................................
Dec....................................
1975-Jan....................................
Feb....................................
Mar....................................
May....................................
409
706
714
797
897
Postal
service fund
Federal home
loan banks
_
-
_
-
-
Railroad
retirement
accounts
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
6,379
14,403
17,840
19,221
21,986
25,939
27,248
29,126
31,424
33,640
7,565
7,814
7,828
8,008
8,112
8,280
8,243
9,068
33,089
33,640
8,970
8,988
9,259
9,319
9,220
Unemployment
trust fund
32,134
32,993
34,318
34,066
32,892
33,313
3 3 ,6 2 3
32,829
34,312
34,195
34,914
36,357
Other
y
7,075
7,785
8,807
9,957
10,520
8,514
7,186
8,330
9,495
6,524
963
820
385
870
3,277
3,339
3,303
3,434
3,751
3,852
3,742
3,766
3,706
3,170
9,174
188
802
583
772
497
842
1,133
1,899
3,536
3,611
7,588
7,599
6,469
6,605
160
385
3,735
3,706
7,831
8,126
8,081
8,014
8,141
8,310
6,605
6,597
6,576
6,557
6,549
6,712
371
1,313
1,090
1,011
753
812
3,503
3,546
3,273
3,084
3,072
3,035
9,567
9,495
9,226
10,171
9,663
9,305
9,577
8,988
4,299r
3,536
4,660
4,945
5,041
4,993
5,268
5,443
8,402
8,480
8,677
8,759
9,080
6,698
6,553
6,548
6,546
6,545
611
350
207
367
925
2,879
2,867
2,758
2,541
2,492
7,662
7,023
5,540
4,511
5,342
Source: Monthly Statement o f the Public Debt o f the United States.
Note: Prior to July 1974 t i t l e o f this table was "Special Public Debt Issues".
1 / Consists o f Federal Housing Administration fund; employees l i f e insur
ance fund; veterans special l i f e insurance fund; veterans reopened
insurance fund; Federal supplementary medical insurance trust fund
beginning July 1966; servicemen’s group l i f e insurance fund from Au
gust 1969- January 1973; employees health benefits fund beginning Octo
ber 1970; Export-Import Bank o f the United States from February 1967October 1968; General Services Administration participation certifica tes
trust; and Washington Metropolitan Area Transit Authority from November
1972-March 1973; airport and airway trust fund beginning July 1973;
Treasury deposit .funds beginning with the July 31, 1974 Monthly Statement
o f the Public Debt o f the United States; Indian trib a l funds and indi
*
.
.
_
5,591
5,719
5,908
6,143
6,348
vidual Indian money for August 1974; Pension Benefit Guaranty Corporation
beginning November 1974; Bonneville Power Administration and Library o f
Congress trust fund beginning January 1975; Tax Court judges survivors
annuity fund and Overseas Private Investment Corporation beginning
February 1975. Federal ship financing escrow fishing fund, Federal
ship financing fund fishing vessels (NQAA), Federal ship financing
revolving fund, g ifts and bequests (Commerce), Indian money proceeds
o f labor (Bureau of Indian A ffa irs), ju d icia l survivors annuity fund,
national insurance development fund (HUD), new communities guarantee
metropolitan development (HUD), and the U.S. Army general g if t fund
beginning March 1975; Emergency Loan Guarantee Fund beginning
April 1975.
Less than $500,0£)0.
r Revised.
20
Treasury Bulletin
FEDERAL DEBT
Table FD-6. - Interest-Bearing Securities Issued by Government Agencies
(In millions o f dollars)
Defense
Department
End o f
fis c a l year
or month
Total
amount
outstanding
y
Family housing
and homeowners
assistance
Housing and Urban Development Department
Federal
Housing
Adminis
tration
Government
National
Mortgage
Association
Federal
National
Mortgage
Assoc. 2 /
Secondary
market
operations
1966........................................
1967........................................
1968........................................
1969........................................
1970........................................
1971........................................
1972........................................
1973........................................
1974........................................
1973-Dec.................................
18,445
24,399
14,249
12,510
12,163
10,894
11,109
12,012
11,587
2,112
2,036
1,951
1,863
1,775
1,683
1,588
1,484
1,382
1,439
441
492
548
577
517
487
454
412
408
2,110
4,830
7,900
8,600
7,320
6,005
4,920
4,480
4,370
3,269
4,079
5,887
-
415
4,390
-
1974-Apr.................................
May.................................
June...............................
12,015r
11,984
12,012
l,410r
1,398
1,382
412
410
408
4,370
4,370
4,370
-
July...............................
Aug.................................
Sept...............................
Oct.................................
Nov.................................
Dec.................................
11,895
11,831
11,664
11,422
11,404
11,367
1,386
1,370
1,358
1,343
1,334
1,326
1975-Jan.................................
Feb.................................
11,343
11,037
11,042
11,004
1,331
1,324
1,316
1,294
403
405
411
414
434
440
461
462
475
480
4,335
4,335
4,335
4,335
4,305
4,280
4,280
4,280
4,280
4,260
Apr.................................
1 3 ,3 7 7
Postal
Service
_
Tennessee
Valley
Authority
250
250
250
1973-Dec.................................
250
2,435
1974-Apr.................................
May.................................
June...............................
250
250
250
2,517
2,646
2,696
July...............................
250
250
250
250
250
250
250
250
250
250
2,615
2,565
2,405
2,175
2,175
2,175
2,125
2,125
2,125
2,125
Oct.................................
Nov.................................
Dec.................................
1975-Jan.................................
Feb.................................
Mar.................................
_
_
_
_
Federal
intermedi
ate credit
banks 2 /
Federal
Home Loan
Bank Board
_
_
-
2,893
3,363
3,779
_
_
_
_
_
-
*
*
6
6
6
6
5
5
10
-
-
9
_
_
_
_
_
—
_
_
Banks for
cooperatives
y
881
1,072
1,230
1,385
2,164
2,571
2,472
1,893
2,625
1,819
2,221
2,894
2,646
-
-
-
3,043
2,897
2,894
_
-
2,893
2,893
2,893
2,893
2,893
2,893
2,893
2,593
2,593
2,593
-
~
Banks for
Federal home
cooperatives loan banks
5/
y
Other
*
3
3
3
3
3
3
3
3
_
Export-Import
Bank o f the
United States
Memorandum - Interest-bearing
securities o f non-Government agencies
285
417
525
728
996
1,355
1,855
2,255
2,696
1966........................................
1967........................................
1968........................................
1969........................................
1970........................................
1971........................................
1972........................................
1973........................................
1974........................................
Farm Credit Administration
-
Other independent
agencies - Continued
End of
fis ca l year
or month
Other independent agencies
Federal
intermediate
credit banks
y
10,062
23,002
20
15,685
16,838
18,622
19,480
20,118
22,213
23,647
23,068
23,441
23,337
22,677
7,514
7,708
7,995
11,067
11,067
11,067
24,029
24,317
25,232
20
20
20
8,356
8,518
8,655
8,647
8,609
8,589
12,006
12,007
12,007
12,653
12,653
12,653
25,878
26,640
27,312
27,543
28,033
28,167
20
20
20
20
20
20
8,606
8,670
8,810
9,133
13,247
13,247
13,252
13,802
28,029
27^730
28,232
28,256
2,836
2,700
2,475
Source:
Bureau of Government Financial Operations and Monthly Statement
of ’ Receipts and Outlays o f the U.S. Government.
1 / Includes unredeemed matured securities outstanding on which interest
has ceased.
2 / Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions o f the
Housing and Urban Development Act o f 1968 (P.L. 90-448).
2 /
Effective December 31, 1968, banks for cooperatives and Federal in
I
D istrict o f
Columbia
Stadium
Fund
6,932
3
3
3
2
2
2
2
2
2
2
2
2
i J
Federal
Nat ional
Mortgage
Association
2/ v
17,146
2,695
2,503
2,648
2,861
2,833
3,323
3,589
3,682
3,620
3,463
3,322
y
5,705
6,188
6,673
7,995
3
1 ,4 1 1
_
8,076
13,165
14,996
18,560
21,087
25,232
4,2 40
4,942
-
_
-
20
20
20
20
20
20
20
20
20
1,529
1,790
1,805
2,338
2,475
-
10
10
10
10
10
_
_
"
4,106
4,612
5,319
5,720
6,192
6,652
7,393
9,058
11,067
6,310
4,588
4,702
5,524
9,914
7,923
7,848
12,149
18,622
_
Federal
land
banks
10
10
10
S ’ 6* *
22,591
_
-
_
-
'
20
20
20
20
termediate credit banks were converted to private ownership pursuant
to provisions o f Public Law 90-582, October 17, 1968.
t j
For details of securities outstanding, see Table TS0-5.
j j / Includes Federal Home Loan Mortgage Corporation mortgage backed
bonds beginning November 1970.
6 / Includes mortgage backed bonds beginning June 1970.
*
Less than $500,000.
r
Revised.
June 1975
21
_________ FEDERAL DEBT________
Table FD-7. - Participation Certificates
(In millions o f dollars - face amounts)
Agriculture
Department
Commodity Credit
Corporation
Fiscal year
or month
Retire Out
ments
standing
Sales
1966.............................
1967.............................
1968.............................
1969.............................
1970.............................
1971.............................
1972.............................
1973.............................
1974.............................
1973-Dec.....................
Participation ce rtifica te s issued by GNMA acting as trustee
Export-Import Bank*
o f the United States
_
_
-
-
2,181
_
_
_
-
2,181
_
_
-
.
-
-
-
-
Sales
Retire Out
ments
standing
761
398
1 ,4 1 1 y
650 y
570
.
-
533
369
321
268
608
42
327
-
-
173
-
_
_
_
-
-
-
-
-
-
-
-
150
-
July...................
Aug.....................
Sept...................
Oct.....................
_
-
-
-
-
-
-
-
Dec.....................
-
1975-Jan.....................
Feb.....................
~
-
* -
-
-
May.....................
_
-
-
-
-
Apr.....................
1,385
2,146
2,183
1,814
1,493
1,226
618
576
249
401
Sales
Retire
ments
Out
standing
1,840
2,900
3,250
1,330
_
_
-
30
180
180
630
1,280
1,315
1,085
440
110
-
25
2,110
4,830
7,900
8,600
7,320
6,005
4,920
4,480
4,370
4,390
20
399
249
249
-
-
-
30
-
249
249
249
249
249
249
-
249
249
249
249
_
-
-
-
30
25
-
-
-
4)370
4,370
4,370
4,340
4,340
4,340
4,340
4,311
4,286
4,286
4,286
4,286
4,286
Participation ce rtifica te s issued by GNMA, acting as trustee Fiscal year
or month
Housing and Urban Development Department
O ffice o f Secretary
Retire Out
standing
ments
Sales
1966.............................
1967.............................
1968.............................
1969.............................
1970.............................
1971.............................
1972.............................
1973.............................
1974.............................
1973-Dec.....................
1974-Apr.....................
-
15
707
707
707
.
_
.
. j
- |
—
13
30
19
16
11
-
-
_
-
_
-
_
_
_
_
_
Sept...................
Oct.....................
Nov.....................
Dec.....................
_
_
_
_
_
_
_
_#
-
_
_
_
Apr.....................
707
-
_
_
-
707
707
707
707
707
707
707
707
707
707
605
740
465
140
_
_
785
1,475
1,891
1,897
1,707
1,626
1,433
1,338
1,273
1,286
350
520
430
50
-
1,273
1,273
1,273
_
_
-
1,243
1,243
1,243
1,243
1,224
1,208
1,208
1,208
1,208
1,197
Source: Bureau o f Government Financial Operations.
2 / Includes the Direct Loan program through September 1972, the Agricul
tural Credit Insurance fund beginning October 1972, and the Rural
Housing Loan programs.
2 /
Includes Construction o f Higher Education F a cilitie s , Health Profes
sions Education Fund, and Nurse Training Fund, beginning April 1968.
y
Includes $107 m illion refunding transaction.
y
Includes College Housing, Elderly Housing, and Public F a cility
programs.
2 / Includes Special Assistance, and Management and Liquidating programs.
Out
standing
Sales
Retire
ments
Out
standing
-
184
401
80
168
24
-
_
600
1,125
1,166
765
685
517
493
493
_
100
100
15
-
.
100
200
212
209
207
201
199
199
-
-
493
-
_
3
3
2
6
2
-
-
-
-
-
493
493
493
-
-
-
-
-
-
_
-
.
-
-
-
-
-
_
_
-
“
-
Sales
600
525
225
-
_
-
_
-
y
2/
8/
493
493
493
493
493
492
492
492
492
492
-
“
Veterans
Administration 7 /
Out
standing
Sales
70
70
203
225
91
206
41
-
350
800
1,160
1,007
782
691
485
444
444
885
260
590
260
-
444
_
444
444
444
444
444
444
444
444
444
444
444
444
444
-
_
-
199
199
199
199
199
199
199
199
199
198
198
198
198
198
(Memorandum)
iContinued
Retire
ments
-
Retire
ments
-
Small Business
Administration 6 /
Retire Out
Sales
standing
ments
_
-
27
324
963
405
34
-
_
_
Sales
20
50
50
134
190
81
193
95
65
680
1,820
2,433
2,109
1,146
741
707
707
680
1,140
640
July...................
1975-Jan.....................
Feb.....................
i j
Government National
Mortgage Association 5 /
Health, Education,
and Welfare
Department 2 /
Farmers Home
Administration i /
Total
Retire
ments
Out
standing
Commodity Credit Corp.
(net ce rtifica te s o f
interest authorized under
Charter Act) 8 /
Sales
Retire
ments
Out
standing
99
-
855
1,021
923
1,590
-
10
60
60
79
136
99
107
243
45
10
975
1,175
1,704
1,885
1,749
1,650
1,543
1,300
1,255
1,262
436
167
667
-
7
11
10
-
1,255
1,255
1,255
_
-
_
-
_
-
1,255
1,255
1,255
1,255
1,244
1,234
1,234
1,234
1,234
1,225
-
-
-
-
9
-
-
~
Includes programs for Disaster Loans, and Business Loans and Invest
ments.
Includes Direct Loan and Loan Guaranty programs.
in the case o f Commodity Credit Corporation, participation c e r t if
icates are called "certifica tes o f interest" and are not included in
the Participation Sales Act o f 1966. Amounts shown as sales and re
tirements represent the net excess transactions fo r the period. On
July 1, 1969, the amount outstanding was reclassified as agency
securities.
22
Treasury Bulletin
.FEDERAL DEBT,
Table FD-8. - Debt Subject to Statutory Limitation
(In millions of dollars)
End o f
fis c a l year
or month
Debt outstanding sub
je ct to lim itation
Statutory
debt
lim it
Total
Public debt
y
Interest-bearing debt
subject to lim itation
Other debt
2 /2 /
Public debt
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
4,272
3,840
6,028
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
475,700
470,850
468,455
2,395
467,827
1974-May.
June,
475,700
495.000
475,623
476,006
473,232
473,618
2.390
2,388
472,741
473.238
July,
Aug.,
Sept,
Oct.,
Nov.,
Dec..
1975-Jan.,
Feb.,
Mar..
Apr..
_____ May..
495.000
495.000
495.000
495.000
495.000
495.000
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
2.391
2,394
2,414
2,420
495.000
531.000
531.000
531.000
531.000
494,458
500,035
510,602
517,745
492,023
497,593
508,979
516,115
527,534
2,436
2,442
1,623
1,629
1,637
1/
2/
Other debt
j
1966........ .
196 7
196 8
196 9
197 0
197 1
197 2
197 3
197 4
1973-Dec.
Source:
Monthly Statement o f the Public Debt o f the United States.
Note:
For debt subject to lim itation since 1940, see Table 21 o f the
S ta tistica l Appendix to the Annual Report o f the Secretary*of the
Treasury on the State o f the Finances for fis c a l 1974. For a summary o f le g isla tion on debt lim itation under the Second Liberty Bond
Act and the amounts o f lim itation, see Table 32 o f the S ta tistica l
Appendix.
Non-interest-bearing debt
subject to lim itation
461
512
3,818
3,847
3,137
1,972
1,939
1,567
1,563
1,570
Public debt
j __________
400
345
315
530
437
389
453
343
380
Other debt
J / ______
3,811
3,328
2,209
825
825
825
825
825
825
628
825
491
380
825
825
472,833
479.239
478,602
477,673
482,649
490,060
1.565
1,563
1,558
1,561
1.566
1,569
1,589
1,595
394
435
747
434
597
488
825
825
825
825
825
825
491,626
497,160
508,581
515,752
527,030
1,611
1,617
1,623
1,629
1,637
396
433
398
364
505
825
825
Adjusted to exclude notes to IMF and other international lending or
ganizations from public debt and include them in "Other debt" to
conform with the budget presentation and the source fo r this table.
Consists o f guaranteed debt o f Government agencies, specified partic
ipation ce rtifica te s , D istrict o f Columbia Stadium Bonds and notes
o f international lending organizations.
Footnotes to Table FD-2.
Source:
Monthly Statement o f the Public Debt o f the United States.
Note:
The computed annual interest charge represents the amount of
interest that would be paid i f each interest-bearing issue outstand
ing at the end o f each month or year should remain outstanding for
a year at the applicable annual rate o f interest. The charge is
computed for each issue by applying the appropriate annual interest
rate to the amount outstanding on that date (the amount actually
borrowed in the case o f securities sold at a premium or discount,
beginning with May I960). The aggregate charge for a ll in terestbearing issues constitutes the to ta l computed annual interest charge.
The average annual interest rate is computed by dividing the computed
annual interest charge for the to ta l, or for any group o f issues, by
the corresponding principal amount. Beginning with data for December
31, 1958, the computation is based on the rate o f effe ctiv e yield for
issues sold at premium or discount. Prior to that date it was based
on the coupon rate for a ll issues.
1 / As o f July 1974, includes Federal Financing Bank.
2 / Excludes Federal Financing Bank.
y
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
i j
On United States savings bonds the rate to maturity is applied
against the amount outstanding.
y
As o f the July 31, 1974, Monthly Statement o f the Public Debt o f the
U.S. the column heading was changed to "Government account series"
which includes Treasury deposit funds in addition to those accounts
previously shown as special issues.
r
Revised.
June 1975
23
FF.r>RRAT. DEBT_________________
Table FD-9. - Status and Application of Statutory Limitation
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
provides that the face amount of obligations issued under
authority of that Act, and the face amount of obligations
guaranteed as to principal and interest by the United States,
shall not exceed in the aggregate $400 billion outstanding
at any one time.
Public Law 94-3 provides that beginning
on February 19, 1975, and ending on June 30, 1975, the public
debt limit shall be temporarily increased by $131 billion.
The Act of June 30, 1967 (Public Law 90-39) provides
that the face amount of beneficial interests and participa
tions issued under section 302 (c) of the Federal National
Mortgage Association Charter Act (12 U.S.C. 1717 'c)) during
the fiscal year 1968 and outstanding at any time shall be
added to the amount otherwise taken into account in deter
mining whether the requirements of the above provisions are
met.
Part A. - Status Under Limitation May 31, 1975
________________
(In millions o f dollars)
Public debt subject to lim it:
Public debt outstanding.............................................................................................................................................................................
Less amounts not subject to lim it:
Treasury.....................................................................................................................................................................................................
Federal Financing Bank...........................................................................................................................................................................
Total public debt subject to lim it........................................................................................................................................................
* 528,159
....................... 9
5 2 7 ,5 3 4
Other debt subject to lim it:
Guaranteed debt o f Government agencies................................................................................................................................................
Specified participation certifica tes (12 U.S.C. 1717(c)) and (31 U.S.C. 7 57b-l)...................................................................
502
1,235
Total other debt subject to lim it..........................................................................................................................................................
Total debt subject to lim it.........................................................................................................................................................................
............ 529,171
Statutory debt lim it (31 U.S.C. 757b)......................................................................................................................................................
531,000
Balance o f statutory debt lim it.................................................................................................................................................................
................ 1,829
Part B. - Application of Statutory Limitation May 31, 1975
(In millions o f dollars)
Classification
Interest-bearing debt:
Marketable:
B ills :
Treasury..................................................................................... ...........................................................................................................
Notes:
Treasury................................................................................................................................................................................................
Bonds:
Treasury................................................................................................................................................................. ...............................
S ta n d in g
$131,541
146,505
36,839
Total marketable......................................................... ...........................................................................................................................
314,886
Nonmarketable:
Depositary series....................................................................................................................................................................................
Foreign government series:
Dollar denominated..............................................................................................................................................................................
Foreign currency denominated............................................................................................................................................................
Government account series.....................................................................................................................................................................
Investment series....................................................................................................................................................................................
R.S.A. series............................................................................................................................................................................................
State and lo ca l government series......................................................................................................................................................
United States individual retirement bonds.......................................................................................................................................
United States retirement plan bonds..................................................................................................................................................
United States savings bonds.................................................................................................................................................................
United States savings notes.................................................................................................................................................................
Total nonmarketable................................................................................................................................................................................
21,904
1,599
120,060
2,267
12
658
1
97
65,094
....................436
............212,144
16
Total interest-bearing debt.....................................................................................................................................................................
............ 527,030
Non-interest-bearing debt:
Matured debt.................................................................................................................................................................................................
Other...............................................................................................................................................................................................................
Total non-interest-bearing debt.............................................................................................................................................................
400
729
................1,129
Total public debt outstanding................................................................................................................................................................... .
52$, 159
Source:
Monthly Statement o f the Public Debt of the United States.
24
Treasury Bulletin
FEDERAL DEBT
Table FD-10. - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions o f dollars)
Agriculture Department
End o f
fis c a l year
or month
Agency
for
Inter
Total
national
Develop
ment l /
Commodity
Credit
Corpo
ration
Rural
E lectri
fica tion
Adminis
tration
1966...................
1967...................
1968...................
1969...................
1970...................
1971...................
1972...................
1973...................
1974...................
1973-Dec............
26,964
24,611
27,040
28,164
30,651
31,944
33,939
34,237
35,434
34,152
689
662
638
544
512
451
416
374
327
11,768
10,097
11,989
12,115
12,262
11,977
11,501
10,864
8,608
4,234
4,518
4,770
5,045
5,328
5,746
6,051
6,563
6,963
356
9,724
1974-May............
June..........
34,534
35,434
35,132
36,299
37,468
36,091
37,364
38,553
37,827
38,644
41,426
42,933
44,949
356
327
July..........
Aug............
Sept..........
Oct............
Nov............
Dec............
1975-Jan............
Feb............
Mar............
Apr............
May............
Secretary:
Farmers
Home
Adminis
tration
programs
2/
Housing and Urban
Development
ExportImport
Bank o f
Govern
the
ment
Other
United Secretary National
States U
y
Mortgage
2/
Assn. 5 /
178
Ten
nessee
Valley
Author
ity
Transpor
tation
Veterans
Dept.
Saint
Lawrence
Seaway
Develop
ment
tration:
Direct
loan
program
Under
Defense
Produc
tion
Act
o f 1950
Other
8/
2 /
362
720
1,586
783
1,743
1,888
2,457
3,133
2,670
1,937
1,570
2,261
3,602
3,914
3,963
4,025
1,466
1,329
1,950
2,427
3,133
3,552
3,781
3,053
3,133
25
10
15
10
223
665
1,641
2,462
100
100
100
100
100
100
100
100
100
125
125
129
133
133
130
127
123
121
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
2,023
1,850
1,854
2,032
1,996
2,010
2,010
2,014
2,015
72 '
90
118
148
183
250
294
315
946
6,763
1,436
1,415
1,454
1,583
1,416
1,391
1,606
1,610
2,545
1,610
2,072
4,037
3,36s4
1,964
100
121
1,730
2,015
295
8,757
8,608
6,763
6,963
2,410
2,545
2,315
2,457
4,025
4,025
2,462
2,462
100
100
121
121
1,730
1,730
2,015
2,015
350
946
327
327
327
327
327
327
8,441
8,424
8,128
5,321
5,411
5,481
6,963
6,963
7,207
7,207
7,207
7,207
2,570
2,570
2,570
2,570
2,570
2,570
2,503
2,660
2,851
2,983
3,090
3,213
2,590
2,689
2,689
2,814
2,814
3,082
100
125
125
125
125
125
121
121
121
121
120
120
1,730
1,730
1,730
1,730
1,730
1,730
2,015
2,015
2,015
2,015
2,015
2,015.
327
327
327
327
327
5,201
4,635
4,620
4,790
4,905
7,207
7,207
7,207
7,409
7,409
2,570
2,570
2,570
2,570
2,570
3,393
3,810
3,979
4,055
154
4,093
4,213
4,213
4,063
4,093
4,093
4,061
4,066
4,061
4,066
4,066
3,129
3,133
3,321
3,465
3,654
3,946
4,192
4,476
4,949
4,978
5,281
5,417
5,467
3,082
3,234
3,234
3,400
3,400
125
125
125
125
125
120
120
120
120
120
1,730
1,730
1,730
1,730
1,730
-
Source:
Bureau o f Government Financial Operations.
Note:
These securities were issued to the Treasury in exchange for ad
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agen
cies to borrow from the Treasury. Further detail may be found in
the 1974 S ta tistica l Appendix to Annual Report o f the Secretary o f
the Treasury, pages 332-36, and the 1974 Combined Statement of
Receipts, Expenditures and Balances o f the United States Government,
pages 557-558.
1 / And predecessor agencies. Beginning fis c a l 1957 figures exclude
notes previously issued by the Administrator in connection with
informational media guaranties. The obligation for these notes was
assumed by the Director o f the United States Information Agency,
pursuant to the act approved July 18, 1956 (22 U.S.C. 1442), and
the notes together with others issued for the same purpose are
included in "Other."
2 /
Farm housing and other loan programs, Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund), Rural Housing
Insurance Fund, and Rural Development Insurance Fund.
2 /
Includes securities transferred from the Reconstruction Finance
Corporation.
i j
Consists o f notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; public
fa c ilit y loans; Low Rent Public Housing Fund; and advances for
National Flood Insurance Fund.
5 / Consists o f lia b ilit ie s taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority o f that act (12 U.S.C.
1719 (c ), 1720 (d ), and 1721 (d)) and also securities transferred
from the Reconstruction Finance Corporation.
6/
2/
8 /
10
357
966
1,838
2,869
3,669
4,113
- 2 / ' 5,060
5,841
_ 8,170
_
8,922
14,674
Public Housing Administration 1960-1963; Federal Housing Administra
tion beginning January 1966; Housing Assistance Administration from
September 1968 - December 1969.
Consists o f notes o f: The Administrator, General Services Adminis
tration, for defense materials procurement; the Secretary o f
Agriculture; the Secretary of Interior (Defense Minerals
Explo
ration Administration); and the Secretary o f the Treasury through
May 1964.
Consists o f notes issued by the: United States Information Agency
for informational media guaranties (see footnote 1); Secretary o f
Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fis c a l years 1963-67 and Federal Ship Financing
Fund (NOAA), beginning December 1972; Virgin Islands Corporation
from September 1959 - September 1968; D istrict o f Columbia
Commissioners for the Stadium Sinking Fund beginning December 1971;
Secretary o f the Interior (Bureau o f Mines) for development and
operation of helium properties beginning May 1964; Bureau of Com
mercial Fisheries for Federal Ship Mortgage Insurance Fund, Fishing
Vessels from January 1966 - May 1967; and revenue bonds for
Smithsonian Institution (John F. Kennedy Center Parking F a cilitie s)
beginning July 1968; Secretary o f Transportation (Washington Metro
politan Area Transit Authority) beginning December 1972; Health,
Education, and Welfare, O ffice o f Education (Student Loan Insurance
Fund) from May 1973 - August 1973; Rural Telephone Bank beginning
January 1974; Federal Financing Bank beginning May 1974; Federal
Home Loan Bank Board beginning August 1974: Pension Benefit Guaran
ty Corporation from September 1974-November 1974.
Outstanding loans cancelled pursuant to Public Law 93-426, dated
September 30, 1974.
25
June 1975
PUBLIC DEBT OPERATIONS
Table PDO-1. - Maturity Schedule of Interest{-Bearing Public Marketable Securities
Other than Regular Weekly and 52-Week Treasury Bills
Outstanding May 31, 1975
(In millions o f dollars)
Amount o f maturities
Year
and
month
o f fin a l
maturity
i/
1975
June..........
Held
Description
Total
b y
Amount o f maturities
Year
and
moircn
o f fin a l
maturity
1/
2/ -
U.S. Govt,
accounts and A ll
Federal Re other
serve banks investors
Held by
Description
Total
2 j
-
U.S. Govt,
accounts and A ll
other
Federal Re
investors
serve banks
1979
7 .5 2 0 %
7 .9 3 3 %
9.767%
Aug............ 5-7/8%
Sept.......... 8-3/8%
Oct............ 1-1/2%
7%
Dec............ 7%
T o ta l...
6/17/75
B ill (Tax series )
6/19/75
B ill 6/30/75
B ill Note 8/15/75-C
Note 9/30/75-G
Note 10/1/75-E0
11/15/75-D
Note Note 12/31/75-H
1,256
27
1,229
1,501
2,003
7,679
2,042
30
3,115
1,731
19,357
n .a.
n .a .
3,085
65
n .a.
n .a.
4,594
1,977
30
2,377
1,499
11,706
738
232
4,147
Apr. . . .
May. . . .
A u g....
Oct___
Nov. . . .
1-1/2%
7 -7 /8 %
6-1/4%
1-1/2%
6-5/8%
7%
Note
Note
Note
Note
Note
Note
-
4/1/79-EA
5A5/79-D
8/15/79-A
10/1/79-E0
11/15/79-B
11/15/79-C
2
2,269
4,559
1
1,604
2,241
1,125
427
2
1,841
2,800
1
479
1,814
10,676
3,739
6,937
428
1,759
1980
1976
Jan............ 6.560%
B ill -
Feb............ 6-1/4%
5-7/8%
Note Note -
1/31/76
2/15/76-A
2/15/76-F
Mar............ 8%
1- 1 / 2 %
Note -
3/31/76-H
1,586
n.a.
n .a.
3,739
4,945
2,288
2,858
1,445
881
3,500
147
821
592
2,141
27
1.876
2,210
1,458
1.877
Note -
4/1/76-EA
5-3/4%
Note Note -
5/15/76-B
5/15/76-E
27
2,697
2,802
6%
Note -
5/31/76-M
1,580
June.......... 8-3/4%
7-1/2%
6-1/2%
5-7/8%
Note -
2,703
Note Note Note -
6/30/76-1
8A 5/76-C
8A5/76-G
8/31/76-L
122
826
4,194
3,883
1,662
1,629
1,863
56
2,565
2,020
1,606
Sept.......... 8-1/4%
rv»+
1-1/2%
KTmr
6-1/4%
Note -
9 / 30 / 76 - J |
418
Note -
10/1/76-E0 1
11/15/76-D
2,023
11
4,325
345
1,605
11
3,980
7-1/8%
Note -
ll/30/76-N
1,507
134
1,373
6 -1 /2 %
7-1/4%
Total
1977
Note —
Note -
12/31/76-K '
2,282
247
2,035
42,254
11,503
29,165
2/15/77-A !
2/28/77-F
3/31/77-G
4/1/77-EA
4/30/77-H
5,163
1,665
2,576
5
1,579
3,069
I 64
399
_
1
2,094
1,501
2,177
5
1,578
Note Note -
5/15/77-C
5/15/77-D
2,565
5,329
530
2,967
2,035
2,362
Note Note -
5/31/77-1
8A5/77-B
48
1,635
2,086
Note Note -
10A/77-E0
11/15/77-E
2,134
4,918
17
3,630
1,187
3,283
17
2,443
29,581
10,000
19,581
8%
6%
Mar............ 6-1/2%
Apr............ 1-1/2%
7-3/8%
Note
Note
Note
Note
Note
6-7/8%
9%
6-3/4%
Aug............ 7-3/4%
Oct............ 1-1/2%
N o v ....... 7-3/4%
T o ta l..
-
_
Bond F e b .... 4%
Apr.. . . 1-1/2% Note May.... 6-7/8% Note -
2/15/80
2,567
862
1,705
4/1/80-EA
5/15/80-A
1
7,265
5,532
Note A u g.... 9%
Nov.. . . 3-1/2% Bond -
8/15/80-B
11/15/80
4,296
1,733
1,717
1981
F e b .... 7 %
7- 3 / 8 %
A u g.... 7 %
N ov .... 7 - 3 / 4%
Total
1982
F e b .... 6-3/8%
M ay.... 8%
Total
1983
June... 3-1/4%
1984
Aug----- 6-3/8%
Note
Note
Bond
Note
Nov.•••••• 6%
T otal..
Note -
2/15/78-A
-
4A/7&-EA
5A5/78-D
8A5/78-C
8A5/78-E
1OA/7&-E0
Note -
11A5/78-B
Note
Note
Note
Note
Note
8,389
15
3,960
2,462
5,155
3
8,207
3,408
3,600
4,981
15
3,136
1,844
2,730
3
4,607
28,191
10,875
17,316
824
618
2,425
Source:
Monthly Treasury Statement and Office o f Debt Analysis in the
O ffice o f the Secretary.
1/
For issue date o f each security, see "Market Quotations on Treasury
Securities."
2,579
749
16,022
9,722
1,144
6,300
-
2A5/81-A
2A5/81-C
8/L5/81
11A5/81-B
1,842
2,168
807
4,477
9,294
489
606
407
1,670
3,172
1,353
1,562
400
2,807
6,122
Bond Note -
2A5/82
5/15/82-A
2,702
2,746
5,448
1,049
1,264
2,313
1,653
1,482
3,135
Bond -
6A5/78-83
1,450
282
1,168
Bond -
8/15/84
2,353
1,377
976
, 19S6
Nov___ 6-1/8% Bond 1990
Feb___ 3-1/2% Bond May.. . . 8-1/4% Bond -
Bond Bond Bond Bond -
1994
May.. . . 4-1/8% Bond 1978
Feb............ 6-1/4%
Apr............ 1-1/2%
May............ 7-1/8%
Aug............ 8-3/4%
7-5/8%
Oct............ 1-1/2%
1,893
1985
QT\K
5/15/85
May. . . . 3-1/4% Rond 4-1/4% Bond -11/15/75-5/15/85 1 1,196
2,101
1992
A u g.... 4-1/4%
1993
Feb___ 4%
6-3/4%
A u g.... 7-1/2%
1995
Feb___ 3%
1998
May. . . . 7%
Nov. . . . 3-1/2%
1
Bond Bond Bond -
^<24
001
508
688
732
1,369
11/15/86
1,216
884
332
2/15/90
5/15/90
3,672
1,247
1,130
52
2,542
1,195
4,919
1,182
3,737
8/15/87-92
3,563
1,435
2,128
2/15/88-93
2/15/93
8/15/88-93
223
627
153
425
1,914
70
202
1,190
2,764
1,462
1,302
5/15/89-94
1,361
550
811
2/15/95
725
134
591
692
5/15/93-98
13/15/9 8 , 2,810
3,502
310
841
382
1,969
1,151
2,351
5/15/94-99
2,414
1,419
995
OZj.U
747
1999
May.. . . 8-1/2% Bond 2000
Feb___ 7-7/8% Bond -
2/15/95-00
902
OAO
2005
M ay.... S-l/4%
5/15/00-05
1,600
853
2/
Bond -
Beginning with February 1969 Treasury Bulletin, the defin ition of
U.S. Government accounts and a ll other investors is in conformity
with the unified budget concept.
n.a.
Not available.
724
26
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-2. - Offerings of Bills
(Amounts in millions o f dollars)
Description o f new issue
Number o f
days to
maturity 1 /
Maturity
date
Issue date
Amount o f bids accepted
Amount of
bids
tendered
Total
amount
Cta com
petitive
basis 2 /
On noncom
petitive
basis 2 /
Amount
maturing on
issue date
o f new
offering
Total
unmatured
issues out
standing after
new issues
35;i32.6r
53,561.5
35,031.8r
54,056.2
Regular weekly:
(13-week and 26-week)
8
7
91
182
4,243.9
5,044.1
2,702.2
2,400.7
91
182
May
Aug.
15
14
22
21
91
182
4,107.4
3,743.3
4,096.1
4,652.9
May
Aug.
29
28
91
182
June
Sept.
June
Sept.
5
4
12
11
June
Sept.
June
Sept.
2,701.3
2,499.1
2,704.0
2,502.6
2,353.7
2,264.5
2,322.2
2,369.5
348.5
136.2
379.2
129.6
2.299.4
2.398.4
404.6
104.2
3,467.9
3,822.1
2.701.5
2.550.5
2,316.5
2,428.0
91
182
3,797.2
4,768.0
2,305.8
2,388.5
91
182
4,511.3
5,523.5
19
18
91
182
4,302.3
4,532.7
26
25
91
182
4.014.1
3.599.2
2,701.4
2,501.0
2,602.2
2,501.9
2,502.9
2,501.5
2,502.1
2,600.4
2.159.5
2.493.5
385.1
122.4
395.7 '
112.5
437.9
142.1
420.9
129.1
342.6
106.9
2,703.9
2,006.7
2,802.0
2,004.4
2,799.9
2,001.7
2,802.1
2,003.5
2,803.7r
2,005.4
2,801.8
1,806.0
2,603.9
1,802.0
2,601.0
1,800.1
July
Oct.
3
2
91
182
4,598.4r
4,330.8r
2,329.0
2,566.9
374.5r
133.5r
2,705.3
1,893.9
July
Oct.
10
9
91
182
5,044.7r
4,360.8
2,703.5r
2,700.4r
2,701.Or
2,801.1
34,333.6
57,795.4r
34,331.8r
58,601.9r
2,236.9
2,645.7
2,704.1
2,002.8
34,328.6r
59,400»2r
July
Oct.
17
16
91
182
4,880.8
4,729.1r
2,703.6
2,702.3r
2,152.9
2,505.2
464.l r
155.4
550.7
197.0
July
Oct.
July
Oct.
24
23
31
30
91
182
2',29974
2,549.6
40274r
150.9r
Aug.
Nov.
7
6
91
182
4,411.4
5,170.9
2/70178?
2,700.5r
2,701.1
2,700.9
2,801.8
2,803.6
34,428.7r
60,098.9r
34,527~.5r
60,796.9r
91
182
4,093.5r
4,066.5
4,423.2
5,478.7
2.603.5
2.003.6
2’,‘60370
2,002.5
2,331.1
2,548.3
2.423.9
2.625.9
370.0
152.6
377.8
177.6
2,599.9
1,998.0
2,702.2
2,100.1
Aug.
Nov.
91
182
2,437.4
2,643.9
2,434.8
2,665.0
367.3
156.8
91
183
6,426.1
4,831.4
4,502.2
5,541.5
5,057.0
4,819.7
2.804.7
2.800.7
Aug.
Nov.
14
13
21
20
28
28
2,453.4
2,679.2
367.6
135.4
348.5
123.4
2,701.3
2,103.9
2,704.0
2,104.9
2,701.5
2,102.0
34,628.7
61,499.7
34,728.2
62,203.1
34,831.5
62,900.0
1975-June
17
194
2,481.0
1,255.8
1,225.5
30.3
-
1,255.8
1974-May
June
1^75-May
June
6
364
Aug.
July
July
Aug.
29
26
93.3
77.7
97.8
1,800.4
1,800.8
1,802.0
23,428.5
1,735.9
1,708.5
1,728.1
1,704.8
65.8
July
1,802.3
1,801.8
1,801.8
1,805.8
1,802.7
73.8
364
364
364
364
2,984.4
2,530.7
2,653.8
1,728.5
3
1
Sept.
Oct.
Sept.
Oct.
23
21
364
364
1,803.0
1,682.0
121.0
91.8
1,801.8
23,630.8
Nov.
18
364
3,801.9
2,002.9
2,001.8
1,911.1
Nov.
1,937.2
64.6
1,800.6
23,832.0
Dec.
Dec.
1976-Jan.
16
364
364
3,749.0
3,355.0
2,001.5
1,949.5
52.0
1,802.5
1,938.9
2,066.8
62.5
35.8r
1,802.4
1,802.1
24,030.9
24,230.2
1975-Feb.
6 ...........................
1975- May
Aug.
L
May
Aug.
Mar.
20...........................
Apr.
May
K
Aug.
NOv.
K
Tax series.:
1974-Dec.
91
182
2,802.5
2,800.4
2,801.9
2,802.6
2,164.4
2,359.8
2,082.0
2,372.5
34,935.9r
54,557.1
34,835.2r
55,104.1
34,732.9r
55,599.7
34,533.4
56,295.6
34,432.5
56,995.1
34,930.1
63,595.5
35,030.4
64,296.1
52-week:
1975-Jan.
Feb.
Apr.
8...........................
1,802.2
23,428.9
23,429.7
364
3,353.l r
364
4,274.3
2,102.4
2,072.5
29.9
1,801.1
24,832.2
Apr.
9
6
364
4
364
2,210.3
4,426.6
2,205.4
2,435.2
2,174.2
May
2,378.4
31.1
56*9
1,801.4
1,802.3
25,869.2
150.2
-
2,003.0
-
3,503.8
5,089.8r
Mar.
May
3,580.1
1,804.4
1,804.8
2,001.4
2,102.7
Feb.
Mar.
2,571.3
2,934.3
2,889.8
23,429.4
23,429.2
23,430.6
13
10
24,530.8
25,236.2
Special:
1975-June
30
299
1,852.7
June
19
227
4,934.1
3,859.8
2,003.0
Nov.
1,500.8
1,452.0
1975-Apr.
1976-Jan.
31
292
3,595.8r
l,585<9r
1,555.4
1974-Sept.
Footnotes at end of table.
48.9
3 0 , 6r
-
27
June 1975
_
PUBLIC DEBT OPERATIONS^
PDO-2. - Offerings of Bills—Continued
On tota l bids accepted
Issue date
Average price
per hundred
Treasury b il ls :
Regular weekly:
( 13-week and 26-week)
1 QMC
PaV>
C.
f
98.567
97.100
w 98.621
97.131
5.408
5.483
5.456
5.675
98.576
97.113
98.549
97.094
98.645
97.246
5.701
5.762
5/
6/
5.740
5.748
7/
5.360
5.447
98.525
97.051
98.628
97.222
5.835
5.833
5.428
5.495
5.376
5.600
98.601
97.112
5.535
5.713
5.558
5.681
98.567
97.091
98.575
97.137
98.636
97.226
5.669
5.754
5.637
5.663
5.396
5.487
98.593
97.114
98.587
97.065
5.566
5.709
5.590
5.805
98.471
96.755
6.049
6.419
98.591
97.024
98.560
96.906
5.574
5.887
98.550
96.878
"
98.579
97.141
5.622
5.655
98.587 12/
97.150
5.590
5.637
0C\
f
(
98.641
97.233
5.376
5.473
98.654
97.256 12/
5.325
5.428
97
f
/
98.599
97.134
5.543
5.669
98.614 14/
97.170 W
5.483
5.598
r
1
98.594
97.075
5.562
5.785
98.601
97.099 16/
f
(
98.478
96.789
6 .0 2 1
6.352
98.492 12/
96.842 18/
5.535
5.738
5.966
6.247
f
(
98.600
97.046
5.539
5.843
98.627 12/
97.092
5.432
5.752
f
98.571
96.933
5.653
6.067
98.597
96.977
5.550
5.980
98.555
96.887
98.646
97.106
5.717
6.158
5.356
5.724
98.570 20/
96.900 21/
5.183
5.481
\
98.690
97.229
98.707
97.264
f
\
98.684
97.220
5...............................
95.947
1...............................
8 ...............................
15...............................
2 2 ...............................
29...............................
[
f
[
j
\
J
\
/
f r>ercenfc)
98.559
97.087
5.638
5.742r
24...............................
Equivalent rate 4/
5.633
5.711
98.575
97.097
1 0 ...............................
Tax series:
1974-Dec.
98.633
97.228
Price per hundred
(Percent)
98.641 8/
97.169 2 /
98.595 10/
97.128 11/
27
May
*
5.668
5.736
5.800
5.800
Low
Price per hundred Equivalent rate 4 /
(Percent)
w 98.534
97.068
on
Equivalent average
rate U
On competitive bids accepted
High
5.697
6 .12 0
‘ 5.657
6.132
5.297
5.689
98.641
97.097
5.736
6.175
5.376
5.742
98.693
97.250 22/
98.728
97.280
5.J.71
5.440
98.689
97.211
5.186
5.517
5.032
5.380
98.699
97.251
5.147
5.438
5.206
5.469
98.698
2J j
W 1 .2 A 6
2% /
5.151
5.418
98.677
97.206
5.234
5.496
7.520
96.000
7.423
95.916
7.579
5.115
5.412
98.661
97.124 22/
52-week:
7...............................
91.485
8.422
9 1.6 18 26/
8.290
91.418
8.488
June
July
4 ...............................
2...............................
30...............................
8.249
8.256
7.836
91.729 22/
91.781 28/
92.207
8.180
91.577
91.587
92.012
8.330
8.321
7.900
Sept.
Oct.
24...............................
22...............................
91.660
91.652
92.077
90.330
91.566
9.564
8.341
7.629
7.362
90.566 22/
91.658 20/
Dec.
17...............................
93.301
1975-Jan.
Feb.
14...............................
11...............................
93.551
94.628
6.625
6.378
93.379 22/
93.657
94.704 24/
Mar.
11...............................
94.300
5.313
5.637
Apr.
8 ...............................
93.454
May
6 ...............................
93.529
4 ...............................
1974-May
92.286
92.556
92.312 21/
92.600 22 /
8.129
7.707
9.330
8.250
90.162
9.730
7.604
7.319
6.548
91.469
92.235
8.437
7.680
92.529
93.248
7.389
6.678
6.273
5.238
93.517
6 .412
94.565
5.606
94.287
5.375
5.650
6.474
94.332 25/
93.610 26/
6.319
93.358
6.569
6.400
93.578 22/
6.351
93.508
6.421
9.767
91.944 28/
9.700
95.021 22/
7.896
91.839
94.987
9.826
7.933
6.560
94.699 40/
6.535
94.656
6.588
Special;
1974-Sept.
Nov.
4 ...............................
91.888
94.998
1975-Apr.
14...............................
94.679
Footnotes on following page.
7.950
28
Treasury Bulletin
.PUBLIC DEBT OPERATIONS
Footnotes to Table PDO-2
Source:
Monthly Statement o f the Public Debt o f the United States and
Allotments.
1 / The 13-week b ills represent additional issues o f b ills with an orig
inal maturity o f 26 weeks.
2 / For b i l l s 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 fu ll at average prices o f accepted competi
tive bids; for other issues, the corresponding amount is stipulated
in each offerin g announcement.
4 / Bank discount basis.
y
Except $20,000 at 98.560.
6/ Except $625,000 at 97.103.
2 / Except $750,000 at 97.256.
8 /
Except $410,000 at 98.650.
2 / Except $250,000 at 97.208, $800,000 at 97.189 and $340,000 at 97.170.
10/ Except $320,000 at 98.610 and $300,000 at 98.602.
H / Except $20,000 at 97.138 and $25,000 at 97.136.
12/ Except $10,000 at 98.625.
1 2 /
Except $600,000 at 97.275 and $230,000 at 97.270.
14/ Except $100,000 at 98.700, $100,000 at 98.690, $100,000 at 98.685
and $50,000 at 98.619.
1 2 /
Except $650,000 at 97.194, $10,000 at 97.182, $40,000 at 97.179 and
$100,000 at 97.173.
16/ Except $15,000 at 98.400 and $100,000 at 97.168.
12/ Except $100,000 at 98.527, $10,000 at 98.520, $915,000 at 98.509,
$80,000 at 98.500 and $100,000 at 98.496.
18/ Except $30,000 at 97.000, $600,000 at 96.868, $350,000 at 96.860,
$300,000 at 96.854 and $10,000 at 96.850.
12/ Except $10,000 at 98.975.
22/ Except $600,000 at 98.587.
21/ Except $20,000 at 97.046 and $10,000 at 97.966.
£2/ Except $600,000 at 97.140 and $200,OX at 97.129.
Z 2 / Except $300,000 at 97.257.
24/ Except $285,000 at 98.700.
25/ Except $475,000 at 97.255 and $1,000,000 at 97.250.
26/ Except $20,000 at 92.000.
2Z/ Except $35,000 at 91.911 and $1,115,000 at 91.979.
28/ Except $10,000 at 91.911 and $650,OX at 91.801.
22/ Except $10,000 at 90.930 and $50,OX at 90.752.
20 / Except $20,XO at 94.513, $480,OX at 91.710, $2,440,OX at 91.709
and $ 1 ,0 X ,0 X at 91.678.
2 1 / Except $10,OX at 97.972, $10,OX at 95.825, $10,OX at 92.5 X and
$200,000 at 92.350.
2 2 / Except $95,OX at 92.624.
2 2 / Except $10,OX at 93.650 and $1,905,OX at 93.428.
2k / Except $4,385,OX at 94.738.
35/ Except $15,XO at 94.343.
W
Except $960,OX at 94.540, $200,XO at 93.998, $100,OX at 93.660,
$100,OX at 93.640 and $60,OX at 93.630.
2 2 /
Except $85,XO at 93.601.
28/ Except $20,XO at 92.525.
39/ Except $10,OX at 95.426 and $10,XO at 95.113.
40/ Except $10,OX at 95.150, $10,OX at 95.052 and $10,OX at 94.890.
r Revised.
June 1975
29
PUBLIC DEBT OPERATIONS.
Table PDO-3. - New Money Financing through Regular Weekly Treasury B illsi/
(Dollar amounts in millions)
Description o f issue
Issue
date
1972-July
Aug.
Number o f
days to
maturity
Maturity
date
Amount
o f bids
tendered
Amount
o f bids
accepted
Average rate
o f bids
accepted 2 /
( Percent)
New money
increase, or
decrease ( - )
13...............
1972-Oct.
1973-Jan.
12
11
91
182
$3,524
3,040
$2,301
1,801
4.103
4.605
$201
20...............
1972-Oct.
1973-Jan.
19
18
91
182
3,845
3,050
2,301
1,800
3.949
4.455
199
2 7
1972-Oct.
1973-Jan.
26
25
91
182
3,723
3,707
2,301
1,800
4.046
4.585
198
3 . ..............
1972-Nov.
1973-Feb.
2
r
91
182
3,618
3,160
2,301
1,800
3.796
4.298
200
10...............
1972-Nov.
1973-Feb.
1972-Dec.
1973-Mar.
9
8
7
8
91
182
91
182
3,742
3,071
3,658
3,683
2,299
1,801
2,423
1,801
3.928
4.431
4.567
4.937
199
122
Sept.
7................
Nov.
2................
Feb.
May
1
3
91
182
4,036
3,864
2,401
1,901
4.766
5.141
200
9 ...............
Feb.
May
8
10
91
182
3,886
3,876
2,401
1,901
4.670
4.958
203
16...............
Feb.
May
15
17
91
182
3,926
3,907
2,402
1,901
4.774
5.070
202
2 4
Feb.
May
22
24
90
181
3,671
3,807
2,401
1,900
4.775
5.050
199
3 0
Mar.
May
1
31
91
182
4,261
3,510
2,400
1,902
4.885
5.179
199
14...............
Mar.
June
91
182
4,470
3,252
2,402
1,902
5.100
5.109
200
3,701
3,624
3,702
3,546
2,405
1,906
5.089
5.298
208
2,404
1,903
5.111
5.312
208
3,639
3,249
3,752
3,582
2,402
1,901
5.164
5.397
204
2,403
1,902
201
2,401
1,902
5.154
5.413
5.277
5.541
5.63 A
5.759
2,501
1,693
2,501
1,701
2,502
1,702
2,502
1,701
2,501
1,701
6.180
6.457
-111
6.453
6.747
-99
6.693
6.864
7.127
7.172
-100
Dec.
1973-Jan.
May
21...............
Mar.
June
15
14
22
21
2 8
Mar.
June
29
28
91
182
4...............
Apr.
July
91
182
11...............
Apr.
July
5
5
12
12
18................
Apr.
July
91
182
2 5
Apr.
July
19
19
26
26
91
182
3,512
3,675
3,962
3,953
16
15
91
182
3,789
3,552
23
23
30
29
91
183
91
182
91
182
91
182
91
182
17...............
24...............
3 1
June
July
.
21...............
Sept.
Dec.
13
13
20
20
28...............
Sept.
Dec.
27
27
14..............
5..............
Oct.
1974-Jan.
12...............
1973-Oct.
1974-Jan.
4
3
11
10
91
182
3,454
3,263
3,452
3,564
3,580
3,214
4,165
3,774
4,022
3,776
2,400
1,901
223
200
-99
7.265
7.255
-104
7.229
7.299
-101
7.986
8.010
-101
91
182
3,349
3,545
2,503
1,701
2,500
1,701
91
182
3,975
3,215
2,500
1,702
7.991
8.018
-100
7.968
8.023
-103
19..............
1973-Oct.
1974-Jan.
18
17
91
182
4,274
3,430
2,501
1,701
2 6
1973-Oct.
1974-Jan.
91
182
3,887
3,561
2,501
1,702
8.113
8.272
-96
1973-Nov.
1974-Jan.
Feb.
May
25
24
1
31
91
182
3,796
3,386
2,501
1,701
8.319
8.476
-100
14
16
91
182
4,047
4,341
2,503
1,801
8.635
8.381
110
16...............
Aug.
Nov.
15
14
91
182
3,670
3,227
2,601
1,902
8.023
8.031
200
23................
Aug.
Nov.
22
21
91
182
3,475
2,756
2,604
1,901
8.197
8.440
202
30................
Aug.
Nov.
29
29
91
183
3,723
3,474
2,604
1,903
7.984
8.205
206
Aug.
2................
Nov.
15...............
1974-May
1973-Aug.
Nov.
Aug.
Nov.
Aug.
Nov.
1973-Sept.
Dec.
91
182
Footnotes at end of table
Treasm
PUBLIC DEBT OPERATION8m
-3. - New Money Financing through Regular Weekly Treasury Bills 1/ —Contin
(Dollar amounts in millions)
ription of issue
Number of
days to
maturity
Maturity
date
Sept.
Dec.
5
5
12
12
91
182
Amount
o f bids
tendered
$3,578
3,383
Amount
of bid3
accepted
Average rate
of bids
accepted 2 /
( Percent)
crease
crease
$2,602
1,904
8.299
8.426
5205
203
202
91
182
3,693
3,792
2,603
1,903
19
19
26
26
91
182
5,054
4,261
2,601
1,901
91
182
3,925
3,017
2,600 2 /
1,901
8.260
8.324
8.178
8.175
7.841
8.003
Oct.
1975-Jan.
3
2
91
182
4,117
3,171
2,603 2 /
1,905
7.808
8.055
204
1974-Oct.
1975-Jan.
10
9
91
182
4,014
3,430
7.892
8.481
195
1974-Oct.
1975-Jan.
17
16
~91
182
4,207
3,268
2,602 1 /
1,904
2,602 3 /
1,901
7.702
7.876
189
1974-Oct.
1975-Jan.
24
23
91
182
4,466
3,719
2,602 2 /
1,901
1974-Oct.
1975-Jan.
91
182
91
182
3,955
2,885
3,618
4,601
2,601 2 /
1,902
1974-Nov.
1975-Feb.
31
30
7
6
2,656 2 /
2,007
7.603
7.700
7.698
8.054
8.519
8.660
1974-Nov.
1975-Feb.
14
13
91
182
4,264
3,651
2,805 i /
2,004
8.762
8.719
1974-Nov.
1975-Feb.
21
20
91
182
3,981
2,986
2,807 2 /
2,002
1974-Nov.
1975-Feb.
29
27
92
182
3,721
3,481
1974-Dec.
1975-Mar.
5
6
91
182
3,746
3,853
2,803
2,004
2,806
2,005
8.845
8.899
9.907
9.930
1974-Dec.
1975-Mar.
19
20
91
182
4,607
3,072
1974-Dec.
1975-Mar.
26
27
91
182
1975-Jan.
Apr.
Jan.
Apr.
9
10
16
17
91
182
Jan.
Apr.
Sept.
Dec.
Sept.
Dec.
Sept.
Dec.
2 /
198
205
196
359
408
407
401
9.165
9.282
404
2,503
1,802
8.185
8.203
-197
4,038
3,241
2,500
1,800
7.003
7.928
-201
3,132
3,301
2,702
2,003
201
91
182
4,169
2,958
91
182
4,747
3,249
7.525
7.398
202
Jan.
May
23
24
30
1
91
182
3,369
3,459
2,703
2,003
2,703
2,004
2,705
1,998
6.697
7.364
7.723
7.829
7.892
7.766
200
Feb.
May
6
8
91
182
2,704
2,100
7.880
7.856
247
199
91
182
3,877
3,690
7.535
7.428
197
Feb.
May
27
29
90
181
4,110
3,342
2,802
2,104
2,800
2,105
2,802
2,102
7.604
7.552
Feb.
May
13
15
20
22
91
182
3,412
3,307
4,497
3,856
7.328
7.369
198
Mar.
June
6
5
91
182
3,393r
3,819
7.524
7.564
198
Mar.
June
13
12
91
182
5,474
3,814
2,804r
2,104
2,802
2,102
7.173
6.911
190
Apr.
July
91
182
3,755
3,705
2,705
2,201
7.113
7.101
196
Apr.
July
3
3
10
10
91
182
4,442
4,416
2,704
2,304
6.698
6.681
202
Apr.
July
17
17
91
182
4,724
4,915
2,603
2,206
6.678
6.646
205
6.370
6.373
5.606
5.825
Feb.
May
Apr.
July
May
July
24
24
1
31
91
182
4,088
3,582
2,603
2,202
91
182
4,085
4,191
2,600
2,301
201
June 1975
31
PUBLIC DEBT OPERATIONS
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills 1/ —Continued
__________________________________________________(Dollar amounts in m illions)
Description o f issue
Maturity
date
Issue
date
1975-Feb.
$2,702
2,401
5.668
5.736
2.701
2,499
2,704
2,503
2.702
2,550r
5.800
5.800
5.408
5.483
5.456
5.675
New money
increase, or
decrease ( - )
fl975-May
Aug.
8
7
91
182
1 3..
May
Aug.
15
14
22
21
91
182
29
28
91
182
$4,244
5,044
4,107
3,743
4,096
4,653
3,468
3,822
5
4
12
11
91
182
3,797
4,768
2.701
2.501
5.638
5.742r
394
91
182
2,602
2.502
5.622
5.655
496
19
18
91
182
4,511
5,523
4,302
4,533
5.376
5.473
599
26
25
91
182
4,014
3,599
2.503
2.502
2.502
2,600
27..
6 ..
13..
20..
27..
3.,
10.,
17.
24.
May
Amount
o f bids
accepted
6 ..
20..
Apr.
Number o f
days to
maturity
Average rate
o f bids
accepted 2 /
(Percent)
Amount
o f bids
tendered
1.,
May
Aug.
May
Aug.
June
Sept.
June
Sept.
June
Sept.
June
Sept.
91
182
4,598
4,331
5,045r
4,361
2.703
2,700r
2.701
2,801
91
182
4,881
4,729
4,093r
4,066
91
182
4,423
5,479
July
Oct.
3
2
91
182
July
Oct.
July
Oct.
July
Oct.
July
Oct.
10
9
91
182
17
16
91
182
24
23
31
30
8.
Aug.
Nov.
7
6
91
182
4,411
5,171
15.
Aug.
Nov.
91
182
22.
Aug.
Nov.
14
13
21
20
91
182
6,426
4,831
4,502
5,542
29.
Aug.
Nov.
28
28
91
183
5,057
4,820
Source:
See Table PDO-2.
1 / Excludes issues o f strips of additional amounts of outstanding
regular weekly b ills for cash on December 2, 1970 ($2,105 m illion),
April 6, 1971 ($2,206 million) and June 5, 1974 ($801 m illion).
2 / Equivalent average rate on bank discount basis.
3 / On June 11, 1974, the Treasury announced that the amount of b ills
5.543
5.669
5.562
5.785
$392
394
405
446
701
805
6.021
6.352
795
2.704
2.702
5.539
5.843
799
2.702
2.700
5.653
6.067
797
2.701
2.701
2,802
2.804
5.717
6.158
804
5.356
5.724
803
2.805
2,801
5.183
5.481
800
2,802
2,800
2,802
2,803
5.115
5.412
794
5.206
5.469
801
offered would be $200 million more than the amount maturing.
It stated that a foreign central bank would bid fo r $200 million of th(»
b ills in order to achieve a better balance between its holdings of
special Treasury issues and marketable Treasury issues.
Revised.
32
Treasury Bulletin
.PUBLIC DEBT OPERATIONSTable PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
(Dollar amounts in millions)
Date subscrip
tion books
closed or
tenders re
ceived
Issue
date
Description o f securities 1 /
4.731#
4.918#
B ill
B ill
4/30/73
7/31/73
( 8/15/72
W 1 5 /7 2
5-7/8#
6-1/4#
6-3/8#
Note
Note
Bond
2/15/76-F
8/15/79-A
8/15/84
8/24/72
f 5/31/72
l 8/31/72
5.040#
5.178#
B ill
B ill
5/31/73
8/28/73
9/26/72
I 6/30/72
1 9/30/72
5.346#
5.529#
B ill
B ill
6/30/73
9/25/73
10/1/77-E0
7/25/72
8/2/72
4/30/72
7/31/72
ff 8/15/72
Period to final
maturity
(years, months,
days) 2 J
-
273d
365d
Reopening
3y
7y
I2y
6/
6/
Reopening
271d
360d
10/1/72
1-1/2#
Note
10/19/72
6#
Note
9/30/74-E
10/24/72
5.223#
5.318#
11/1/72
11/17/72
11/22/72
11/29/72
12/20/72
f 7/31/72
lLO/31/72
11/15/72
11/24/72
11/30/72
12/5/72
12/28/72
6-1/4#
4.721#
5.225#
5.089#
5-7/8#
B ill
B ill
Note
B ill
B ill
B ill
Note
7/31/73
10/23/73
11/15/76-D
4/20/73
11/20/73
6/22/73
12/31/74-F
12/26/72
1/4/73
1/26/73
2/7/73
2/7/73
2/22/73
12/31/72
1/10/73
1/31/73
2/15/73
2/15/73
2/28/73
5.337#
6-3/4#
5.986#
6-1/2#
6-5/8#
6.050#
B ill
Bond
B ill
Note
Note
B ill
12/18/73
2/15/93
1/15/74
8/15/76-G
11/15/79-B
2/12/74
3/31/73
4/1/73
4/30/73
5/15/73
5/15/73
5/31/73
6/30/73
7/31/73
8/15/73
8/15/73
8/15/73
8/28/73
9/4/73
9/25/73
10/1/73
10/9/73
to/2377311/1/73
11/15/73
6.615#
1-1/2#
6.598#
B ill
Note
B ill
6-7/8#
7#
6.818#
7.235#
8.393#
7-3/4#
7-1/2#
Note
Bond
B ill
B ill
B ill
Note
Bond
B ill
B ill
Note
B ill
Note
B ill
3/12/74
4/1/78-EA
4/9/74
5/15/80-A
5/15/93-98
5/7/74
6/4/74
7/2/74
Reopening
8/15/77-B
8/15/88-93
Tax ant. -5/
9/19/73
8/27/74
9/30/75-G
9/24/74
10/1/78-E0
7/30/74
. 10/22/74
4/19/74 - Tax ant. 5/
11/1*5 /79-C
3/27/73
4/24/73
5/1/73
5/2/73
5/24/73
6/26/73
7/24/73
7/31/73
8/1/73
8/8/73
8/22/73
8/24/73
9/19/73
2/
10/3/73
10/17/73
10/25/73
10/30/73
8.387#
8-3/8#
8.057#
1-1/2#
7.702#
Y^32“#
6.765#
7#
B ill
Note
Note
Bond
11/20/73
7#
7 -i#
8.670#
7.708#
^ 11/1/73
7.830#
B ill
B ill
12/12/73
1/9/74
2/5/74
2/6/74
2/6/74
2/7/74
2/26/74
I :11/30/73
12/18/73
1/15/74
2/15/74
2/12/74
2/15/74
2/28/74
3/4/74
7.790#
6.880#
6.948#
7#
6.342#
6-7/8#
7-1/2#
7.450#
B ill
B ill
B ill
Note
B ill
Note
Bond
B ill
3/6/74
3/26/74
3/12/74
3/29/74
6.897#
8.306#
B ill
B ill
3/28/74
4^3/74
5/2/74
5/7/74
4/9/74
4/1/74
4/9/74
5/7/74
5/15/74
5/8/74
5/15/74
5/29/74
5/30/74
6/4/74
6/5/74
10/31/73
fll/1 5 /7 3
^11/15/73
11/9/73
11/14/73
11/28/73
Footnotes at end of table.
B ill
7.886#
8.421#
8-3/4#
Note
Note
B ill
B ill
Note
'8-3/4#
(8-1/2#
8.248#
8.284#
Note
Bond
B ill
B ill
1-4#
- Reopening
- Tax ant. 2
273d
357d
4y
147d
355d
199d
/
- Tax ant. 5 /
2y
352d
20y
lm
349d
6m
9m
6/
349d
U
A llo t
ment
ratio
500
1,201
4,945
4,559
2,312
1,889
4.914
1,547
4,145
41
501
1.804
500
1,801
4,9451
4,559)
2,3121
9/
2,060
1,811
3,333
7,162
6,367
3,801
5,079
5,690
501
1,802
3,177
1,749
3,072
1,800
627
1.804
10/
3,041
2,012
1,802
2,509
2,102
3,883
595
100
17
4,855
1,664
3,255
In exchange
1,009
1,801
12/
12/
12/
3,883
595
14/1
15/
100
16/
346d
3,011
344d
364d
3,353
3,214
1,240
3,937
3,195
2,985
2,167
500
3,896
3,062
4,371
3.047
294d
4,209
1,804
364d
4,277
4,716
2.915
220
1,802
2,007
2,021
220 24/
25/
2,860
1,503
220
136
1,511
302
22o\ 2^/
136/
26/
27/
7y
25y
341d
3393
336d
4y*’
20y
35d
354d
5y
For
cash
1,790
15
5y
♦2y
Amount issued 2 /
17
5y
ly ll-l/2 m
- Reopening
Exchange
1,526
2,850
41
Reopening
1 /
Cash
6m
273d
362d
10/11/72
Amount of sub
scriptions tendered
lm
169d
6y
1-^m
12/31/75-H
2y
9m
8/15/88-93 - Reopening
19y
"Strip” o f 11 Series 28/
(Average) 43d
364d
11/19/74
4/19/74 - Reopening!
Tax ant. >
f
140d
203d
6/21/74 - Tax ant. J
364d
12/17/74
^
364d
1/14/75
2/15/81 - A
7y
2/11/75
364d
5/15/77 - C
3y 3m
19y 6m
8/15/88-93 - Reopening
4/19/74 - Reopening
Tax ant. 5 /
46d
364d
3/11/75
6/21/74 - Reopening
84d
Tax ant. 5 /
2y
3/31/7& -H
4/1/79-EA
5y
364d
4/8/75
364d
5/6/75
8/15/78-C
4y 3m
1-jm
6/30/76-1
25y
5/15/94-99
364d
6/3/75
"Strip" o f 8 Series 38 /
(Average )131d
1,802
5,221
40
2.043
652
1,800
1,801
1,802
2,028
500
2,017
1.805
2.043
1,802
2,153
3,437
1,100
2,508
3,023
3,588
3,222
3,012
3,101
3,121
1,144
1,002
2,000
1,803
1,802
1,516
1,808
2,258
300
5,223^ 17/
18/
12/
62< 20/
4251
2V
22/
22/
1,801
327
307
250
3,773
3,359
1,515
1,801
5,042
2.047
2,523
1,532
3,202
2,984
3,580
1,801
1,802
1,880
3,286
904
2,531
2,458
15
583
656
279
2,048
309
1,802
801
20/
31/
22/
22/
5831
656/24/
279)
22/
26/
27/
June 1975
33
PUBLIC DEBT OPERATIONS
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills —Continued
(Dollar amounts in millions)
Date subscrip
tion books
closed or
tenders re
ceived
Issue
date
Description o f securities l /
6/20/74
7/23/74
7/24/74
8/1/74
7/2/74
7/30/74
7/30/74
8/7/74
8.256# B ill
8.049# B ill
7.836# B ill
9.655# B ill
8/6/74
8/7/74
8/8/74
8/15/74
8/15/74
8/15/74
9# Note
9# Note
8-1/2# Bond
8/21/74
8/28/74
8/27/74
9/4/74
9.564#
9.767#
B ill
B ill
_
_
-
9/18/74
9/24/74
8.341#
B ill
9/30/74
8-1/4#
1-1/2#
7.629#
7-7/8#
7.933#
Note
9/24/74
2 /
10/16/74
10/23/74
10/29/74
10/1/74
10/22/74
11/6/74
11/4/74
Note
B ill
Note
B ill
_
_
-
5/15/77-D
8/L5/80-B
5/15/94-99 - Reopening
-
1,803
205
10/1/79-E0
10/21/75
5/15/79-D
6/19/75
5y
3,255
_
3,580
2,274
3,860
4,403
3,275
1,816
3,802
4,904
1,671
2,481
1,818
2,003
1,016
1,501
2,568
1,766
603
2,002
2,251
1,001
1,256
ll/15/77-E
ll/15/81-B
5/15/94-99 - Reopening
11A8/75
4A6/75
Tax ant. 5 /
"Strip " of 5 Series 50/
6/17/75
Tax ant. 5 /
12A6/75
12/31/76-K
5/15/79- D-Reopening
3/31/76- H-Reopening
1/8/75
1/14/75
6.378#
B ill
-
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
B ill
_
-
2/10/76
Note
Note
2/5/75
2/11/75
2/19/75
3/3/75
3/5/75
3/11/75
5.637#
B ill
-
3/11/75
3/13/75
3/18/75
3/20/75
4/1/75
3/19/75
3/25/75
3/31/75
4/7/75
4/8/75
4/V75
_
_
_
_
_
_
-
7-5/8#
8#
8-1/4#
6-3/4#
6-1/2#
5.803#
Footnotes on following page.
Note
Note
Bond
Note
Note
B ill
-
2y
B ill
Note
Note
Note
5/15/75
5/15/75
5/15/75
5/27/75
6/6/75
6/3/75
1,803
2,003
9/30/76-J
6.625#
7-1/4#
7-7/8#
8#
5/6/75
5/7/75
5/8/75
5/14/75
5/22/75
5/28/75
-
_
_
-
12A7/74
12/31/74
1/7/75
1/9/75
4/8/75
4/14/75
4/30/75
5/6/75
2,391
1,835
400
2,980
12/11/74
12/23/74
12/30/74
1/2/75
2 /
486
364d
8/31/76-L
2/28/77-F
227d
3y
7ir
24y 6m
364d
134d
(Average) 22d
194d
364d
2y
4y 4m
ly 3m
364d
4/6/76
1/31/76
4/30/77-H
5/4/76
8/15/78-E
5/15/82-A
5/15/00-05
5/31/77-1
10/31/76-0
6/1/76
2,001
2,205
1,253
756
1
1,059)
949W
338f
_
77 51/
-
-
2,001
6,606
4,241
2,284
697
400
150
3,263
1,767
752
364d
3,354
2,967
3,189
-
2,103
1,662
1,665
-
364d
4,272
_
-
2 ,102p
_
_
■*
ly 6m
2y
6y 8m
ly 2m
2y
15y
ly 8m
5y
3,438p
2,9l8p
2,592p
2,901p
3 ,796p
364*
292d
2yr
3,749
2,807
1,760
1,915
1
1,059
949
338
_
77
-
364d
^35p
3,680p
4,158p
4,426p
364d
5,390p
3,864p
l,848p
3,572p
2,658p
3,851p
3y 3m
7ir
30y
2y
ly 5m
.
_
2,300
1,233
850
—
l,762p
l,580p
2,576p
l,250p
l,507p
S",205p
l,585p
l,578p
2,435p
2,855p
l,513p
754p
2,137p
l,571p
2,404p
A llo t
ment
ratio
42/
k i f
& /
205 42/
3,355
3y 3m
6y
25y
3/9/76
11/15/81-B-Reopening
5/31/76-M
3/31/77-G
5/15/90
11/30/76-N
4/1/75-EA
364d
4y 6m
In exchange
4/
_
2,93§\
2,461 >22/
486|
1,802
1,501
1,806
1,526
9/23/75
11A9/74
12/3/74
12/4/74
12/5/74
4/2/75
4/8/75
4/15/75
4/30/75
4 ,4 a
3,788
1,060
_
2,936
2,461
-
.
_
_
_
-
7-3/4# Note
Note
6#
6-1/2# Note
8-1/4# Bond
7-1/8# Note
1-V4& Note
6.475# B ill
6.560# B ill
7-3/8# Note
6.400# B ill
2,654
4,321
2,573
4,319
Exchange
2,935
4,934
7-3/4# Note
7-3/4# Note
8-1/2# Bond
7.362# B ill
7.426# B ill
7.527# B ill
7.521# B ill
\e%
2y 9m
6y
24y 9m
Cash
For
cash
364d
299d
11/15/74
11/15/74
11/15/74
5.313#
364d
244d
364d
44d
7/1/75
3/31/75 - FFB
7/29/75
9/20/74 - Tax ant. 5 /
Amount issued 2 /
Amount o f sub
scriptions tendered
8/26/75
6/30/75
11/6/74
11/7/74
11/8/74
11/L3/74
11/20/74
11/21/74
11/26/74
f 5 -7 /8 %
Period to fin a l
maturity
(years, months,
days) 2 /
44/
&
/
m
/
48/
42/
J2/
52/
54/
6971
400)25/
150/
.
_
2 , 300^
1,233 >62/
85(y
"
56/
57/
58/
60/
61/
62/
s|j/
65/
66/
68/
62/
20/
21/
22/
34
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Footnotesl to Table PDO-4.
Note:
A ll securities (except EA & EO notes) issued after February 15, 1973
were sold at auction through competitive and noncompetitive bidding.
Source:
Bureau of the Public Debt.
1 / For b i l l issues, always sold at auction, the rate shown is the equi
valent 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 b i l l offerings see Table PDO-2.
2 / From date o f additional issue in case o f a reopening.
2J
In reopenings the amount issued is in addition to the amount of
original offerings.
k /
For securities exchanged for the new issues see Table PDO-7.
j>/ Tax anticipation b i l l , accepted at face value in payment of income
taxes due on the 15th o f the month in which the b ills mature.
6 / Price at which issued appears in Table PDO-5.
7 / Exchange offering available to owners of nonmarketable 2-3/4% Treasury
bonds, Investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasury Bulletin for April
1951, page A -l.
8 / Cash subscriptions were accepted only from individuals in amounts of
$10,000 or less.
9 / Includes $1,028 m illion of the 5-7/8% notes, $1,437 million of the
6-1/4% notes and $1,180 m illion of the bonds allotted to Federal Re
serve banks and Government accounts.
10/ Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.41 (yield 5.77%) down to 100.20 (yield
5.89%) with the average at 100.25 (yield 5.86%).
11/ 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 (y ield 6.20%).
12/ 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%).
13/ Sold at auction through competitive and noncompetitive bidding. A ll
accepted tenders were awarded at the price of 99.50 (yield 6.79%).
14/ Includes $1,392 m illion a llotted to Federal Reserve banks and
Government accounts.
15/ Issued to Federal Reserve banks and Government accounts in exchange
fo r notes maturing February 15, 1973.
16/ 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%).
17/ Issued to Federal Reserve banks and Government accounts in exchange
fo r notes maturing May 15, 1973.
18/ Prices accepted ranged from 100.10 (yield 6.86%) down to 99.05 (yield
7.05%) with the average at 99.29 (yield 7.01%).
19/ A ll accepted tenders were awarded at the price of 98.75 (yield 7.11%).
20/ Issued to Federal Reserve banks and Government accounts in exchange
fo r securities maturing August 15, 1973.
21/ 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%).
22/ A ll accepted tenders were awarded at the price of 95.05 (yield 8.00%).
22/ Prices accepted ranged from 101.05 (yield 7.80%) down to 100.70
(yield 7.99%) with the average at 100.80 (yield 7.94%).
24/ Issued to Federal Reserve banks and Government accounts in exchange
for bonds maturing November 15, 1973.
25/ 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%).
26/ Prices accepted ranged from 100.49 (yield 6.73%) down to 100.09
(yield 6.94%) with the average at 10 0 .14 (yield 6.91%).
27/ A ll accepted tenders were awarded at the price of 101.60 (yield 7.35%).
28/ Sale of a "strip" o f Treasury b ills consisting o f an additional $100
m illion of each weekly series maturing from November 23, 1973,
through January 31, 1974.
29/ Issued to Federal Reserve banks and Government accounts in exchange
for securities maturing February 15, 1974.
30/ Prices accepted ranged from 100.68 (yield 6.88%) down to 100.00 (yield
6.98%) with the average at 100.10 (yield 6.95).
2 2 /
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%).
32/ A ll accepted tenders were awarded at the price of 100.45 (yield 7.46%).
2 2 /
Prices accepted ranged from 100.11 (yield 7.94%) down to 99.76 (yield
8.13%) with the average at 99.85 (yield 8.08%).
34/ Issued to Federal Reserve banks and Government accounts in exchange
fo r securities maturing May 15, 1974.
25/ Prices accepted ranged from 100.68 (yield 8.56%) down to 99.96 (yield
8.76%) with the average 100.07 (yield 8.73%).
j?6/ Prices accepted ranged from 100.57 (yield 8.43%) down to 99.87 (yield
8.79%) with the average at 100.00 (yield 8.73%).
37/ A ll accepted tenders were awarded at the price of 102.85 (8.23%).
38/ Sale of a "strip" of Treasury b ills consisting o f an additional $100
million of each weekly series maturing from September 19 through
November 7, 1974.
39/ Issued to Federal Reserve banks and Government accounts in exchange
fo r notes maturing August 15, 1974.
40/ 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%).
41/ 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%).
42/ 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%).
43/ Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing September 30, 1974.
44/ 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).
45/ 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).
46 / Issued to Federal Reserve banks and Government accounts in exchange
for securities maturing November 15, 1974.
47/ Yields accepted ranged from 7.87% (price 99.685) down to 7.78% (price
99.921) with the average at 7.85% (price 99.737).
48/ 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).
49/ Prices accepted ranged from 103.50 (yield 8.17%) down to 102.79
(yield 8.23%) with the average at 103.04 (yield 8.21%).
50/ Sale of a "strip" of Treasury b ills consisting of an additional $200
m illion of each weekly series maturing from December 12, 1974,
through January 9, 1975.
51/ Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing December 31, 1974.
j>2/ Yields accepted ranged from 7.37% (price 99.781) down to 7.15% (price
100.183) with the average at 7.32% (price 99.872).
53/ Prices accepted ranged from 102.20 (yield 7.27%) down to 101.80
(yield 7.37%) with the average at 101.95 (yield 7.33%).
54/ Prices accepted ranged from 100.91 (yield 7.18%) down to 100.80
(yield 7.27%) with the average at 100.84 (yield 7.24%).
55/ Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing February 15, 1975.
56/ 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).
57/ Yields accepted ranged from 7.40% (price 99.881) up to 7.52% (price
99.311) with the average at 7.49% (price 99.453).
58/ 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).
59/ Yields accepted ranged from 5.88% (price 99.993) up to 5.98% (price
99.852) with the average at 5.94% (price 99.908).
60/ 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).
61/ 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%).
62/ Yields accepted ranged from 5.90% (price 100.082) up to 6.01% (price
99.757) with the average at 5.98% (price 99.991).
63/ 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).
64/ Yields accepted ranged from 8.15% (price 100.826) up to 8.37% (price
98.947) with the average at 8.31% (price 99.455).
65/ 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).
66/ 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).
67/ Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing May 15, 1975.
68/ Yields accepted ranged from 7.60% (price 100.001) up to 7.74% (price
99.604) with the average at 7.70% (price 99.717).
69/ 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).
70/ Yields accepted ranged from 8.25% (price 100.000) up to 8.32% (price
99.232) with the average at 8.30% (price 99.450).
71/ Yields accepted ranged from 6.79% (price 99.924) up to 6.92% (price
99.683) with the average at 6.86% (price 99.794).
72/ 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).
p
Preliminary.
*
Less than $500,000.
June 1975
35
.PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
Description of securities
ount issued
n millions)
Date- of
financing
Average price
per hundred
Effective
interest
rate
7.94^
E ligible securities exchanged
1975
8 -3 /8 %
7%
Note
Note
9/30/75-G
11/15/75-D
9/4/73
$2,042
$100 30
8/15/71 .
1,407
1,708
99.80
99.80
7.06
7.06
i/
8-1/4%
4%
100.14
100.14
6.91
6.91
4-1/8%
2/
99.75
99.75
6.29
6.29
5-5/8%
4%
99.75
99.75
99.75
99.75
99.75
5.97
5.97
5.97
5.97
5.97
2-1/2%
6%
2-1/2%
99.85
100.84
8.08
7.80
2/
2/
5.98
7.61
7.61
7.61
2/
1-1/2%
4%
2-1/2%
7.4 8
6.60
6.60
5%
6-1/2%
4-7/8%
2/
6%
2/
C
.
Note _
Bond -
8/15/71-F
8/15/71
_
11/15/73
3,115
1%
1976.
6-1/4%
Note
12/31/75-H
11/15/73
220
1,511
Bond
1,731
Note
2/15/76-A
3,037
702
2/15/69
Note _
Bond -
2/15/69-A
2/15/69
Note _
Bond _
Bond _
Note Bond -
8/15/72-E
8/15/72
9/15/67-72
I I / 15 / 72-F
12/15/67-72
Note _
Bond Bond -
10/1/69-E0
10/1/69
12/15/64-69
3,739
5-7/8%
Note
2/15/76-F
8/15/72
1,714
699
1,097
630
805
5%
4%
4,945
8%
Note
3/31/76-H
f 4/9/74
<1/9/75
6%
Note
5/31/76-M
3/25/75
l,532p
756p
C
c
l,580p
2
1,109
571
10/1/69
7-1/2%
Note
8/15/76-C
1,683
^11/15/70
6-1/2%
Note
8/15/76-G
2/15/73
5-7/8%
Note
8/31/76-L
3/3/75
8-1/4%
Note
9/30/76-J
9/30/74
6-1/4%
Note
11/15/76-D
7-1/8%
Note
I I /3O/76-N
4/8/75
7-1/4%
Note
12/31/76-K
12/31/74
1977
6%
6-1/2%
7-3/8%
6-7/8%
Note
Note
Note
Note
99.991
99.50
99.50
99.50
f
. 2,511
1,424
2,459
3,883
l,662p
9/8/71
11/15/72
100.50
99.40
99.40
99.908
5.94
205p
l,818p
2,203p
99.84
99.84
8.34
8.34
1,283
3,041
101.14
100.18
5.98
6.20
2/
2/
5-7/8%
2/
Note
-
11/15/70-A
Note
Note
-
2/15/73-C
2/15/73-C
Note
_
9/30/74-E
Note
-
12/31/74-F
1 ,507p
77p
I . 2,205p
2,282p
99.926
99.872
99.872
7.15
7.32
7.32
99.834
99.982
99.900
6.09
2/
6.51
7.43
2/
2/
100.51
100.51
6.70
6.70
7-3/4%
2/
Note
2/ 15 / 74 -C
101.00
101.00
8.59
8.59
5-5/8%
2/
Note
8A 5/ 74-B
2/28/77-F
3/3/75
l,665p
3/31/77-G
4/30/77-H
3/31/75
4/30/75
2,576p
l,578p
5/15/77-C
2/15/74
f
307
2,258
2.565.
9%
Note
5/15/77-D
8/15/74
6-3/4*
Note
5/31/77-1
5/27/75
7-3/4%
7-3/4%
Note
Note
f
\
2,137p
9Q.794
6.86
2 /
f 8/15/70
f
V
752
^512
2,264
99.75
99.75
7.80
7.80
6-3/8%
4%
Note
Bond
8/15/70-D
8/15/70
[ 8/15/73
f
{
V.
234
394
2,026
2,654
99.07
99.07
99.07
7.92
7.92
7.92
8-1/8%
4%
2/
Note
Bond
8/15/73-B
8/15/73
11/15/74
f
\
l,059p
2 ,568p
99.737
99.737
7.85
7.85
5 -3 /**
Note
11A5/74-A
2 /
99.700
99.700
99.700
7.21
7.21
7.21
5-3/4*
5-7/8%
2/
NOte
Note
2/15/75-A
2/15/75-E
8/15/77-B
ll/15/77-E
2,936p
2,391p
5,327p
3,6<d7p
1978
7 -1 /8 %
Note
5/15/78-D
2/18/75
/•
I
V.
578p
H8p
3,263p
3,960p
Footnotes at end of table.
Treasury Bulletin
36
.PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Date o f
financing
Description of securities
1978
8 - 3/ 4 #
7-5/8#
Note
Note
Note
8/15/78-C
8/15/78-E
11/15/78-B
5/15/74
5/15/75
11/15/71
Amount issued
'in millions)
t
$ 343
240
1,880
Average price
per hundred
E ffective
interest
rate
$100.07
100.07
100.07
8.73#
8.73
8.73
7 - 1/ 4 *
4 - 1/ 4*
2/
Note
Bond
-
E ligible securities exchanged
5/15/74-D
5/15/74
2,462
2,300p
2,855p
99.717
99.717
7.70
7.70
6*
2/
wote
_
5/15/75-B
633
3,109
1,446
602
841
509
1,067
99.75
99.75
99.75
99.75
99.75
99.75
99.75
6.05
6.05
6.05
6.05
6.05
6.05
6.05
5-3/8*
7-3/4*
4-3/4*
6-3/4*
5*
3-7/8*
4*
Note
Note
Note
Note
Note
Bond
Bond
_
-
11/15/71-B
11/15/71-G
5/15/72-B
5/15/72-D
8/15/72-E
11/15/71
8/15/72
-
_
_
-
8,207
1979
7-7/8#
Note
5/15/79-D
11/6/74
1/7/75
l,016jp
l,253p
99.937
10T.95
7.89
7.52
y ,
V
6-5/8#
Note
1V15/79-B
2/15/73
595
1,009
99.40
99.40
6.73
6.73
4 - 7 / 8*
2/
Note
_
2/15/73-D
11/15/79-C
11/15/73
1,604
220
2,021
100.88
100.88
6.82
6.82
4 - 1 / 8*
2/
Bond
_
7#
Note
11/15/73
99.00
99.50
99.50
4.07
4.04
4.04
2/
Series F&G savings bonds
2/
2,636
2,585
2,043
7,265
99.29
99.29
99.29
7.00
7.00
7.00
7 - 3 / 4*
4 - 3 / 4*
2/
Note
Note
2,461p
l,835p
4,296p
101.15
101.15
8.75
8.75
5 - 5/ 8*
2/
Note
25
302
1,515
1,842
100.28
100.28
100.28
6.95
6.95
6.95
7 - 3 / 4*
NOte
Bond
99.453
99.453
7.49
7.49
5-3/4#
2/
Note
_
2/15/7 5-A
99.20
99.20
99.20
7.11
7.11
7.11
8-1/4#
4#
2/
Note
Bond
_
8/15/71-F
8/15/71
99.628
99.628
7.82
7.82
5-3/4#
2/
Note
101.25
7.70
2/
_505
l,233p
1,513P
2,746p
100.60
100.00
100.00
6.34
8.00
8.00
2/
6#
2/
15
252
221
133
164
535
265
457
268
41
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
5#
4#
2-1/2#
6#
2-1/2#
5-3/4#
3-7/8#
5-3/4#
5-7/8#
2/
100.50
3.22
2/
2,241
1980
4#
Bond
2/15/80
1 /
1/23/59
12/15/62
6-7/8#
Note
5/15/80-A
5/15/73
9#
NOte
8/15/80-B
8/15/74
7#
Note
2/15/81-A
2/15/74
7-3/8#
Note
2A5/81-C
2A8/75
7#
Bond
8/15/81
1981
8/15/71
11/15/74
7-3/4#
Note
ll/15/81-B
3/19/75
Bond
2/15/82 1 /
5/15/72
8#
Note
5/15/82-A
5/15/75
1985
3-1/4#
Bond
8/15/84
(
c
{
c
t
34
400p
l f767p
2.167p
202
411
195
4-1/8#
2/
5/15/85
-
5/15/73-A
5/15/73-E
8/15/74-B
-
-
2/15/74-C
2/15/74
807
949n
l,766p
8/15/72
l,762p
c
2,353
Bond
_
11/15/74-A
2,715p
1982
6—
3/8#
6-3/8#
884
34
*
6/3/58
1,135
Note
Note
Bond
Bond
Note
Bond
Note
Bond
Note
Note
-
_
_
_
_
_
_
_
_
5/15/75-B
8/15/72-E
8/15/72
9/15/67-72
11/15/72-F
12/15/67-72
11/15/74-A
U /15/74
2/15/75-A
2/15/75-E
June 1975
37
PUBLIC DEBT OPERATIONS
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations--Continued
Date of
financing
Description o f securities
1986
6-1/8#
Bond
11/15/71
11/15/86
-
Amount issued
(in millions)
98
487
187
58
36
268
58
24
Average price
per hundred
Effective
interest
rate
$ 99.75
99.75
99.75
99.75
99.75
99.75
99.75
99.75
6.15#
6.15
6.15
6.15
6.15
6.15
6.15
6.15
5-3/8#
7-3/4#
4-3/4#
6-3/4#
5#
3-7/8#
4#
2/
Note
Note
Note
Note
Note
Bond
Bond
11/15/71-B
11/15/71-G
5/15/72-B
5/15/72-D
8A 5/72-E
11/15/71
8/15/72
101.00
101.00
101.00
4.19
4.19
4.19
4*
3-1/4#
2/
Note
Note
8/15/62-B
8/15/62-G
E ligible securities exchanged
1,216
1987
4-1/4#
Bond
8/15/87-92
-
1 /
8/15/62
5
360
365
12M
4#
7-1/2#
Bond
-
2/15/88-93
1/17/63
152
99.85
4 .Cl
2/
Bond
-
8/15/88-93
£ 8/15/73
93
333
500
99.05
95.05
95.05
8.00
8.00
8.00
8-3/8#
4#
2/
100.14
100.14
7.78
7.78
4-1/8#
100.45
100.45
100.45
7.68
7.68
7.68
7-3/4#
4-1/8#
y
100.55
4.09
2/
99.455
8.31
2/
627
40
652
692
99.50
98.75
98.73
6.79
7.11
7.11
2/
7-3/4#
2 /
486p
98.70
98.70
8.46
8.46
196p
142p
603P
941p
103.04
103.04
103.04
150p
752p
{
(“
8/15/73-B
8/15/73
Note
Bond
925
136
302
7-1/2#
Bond
11/15/73
1 /
438
8/15/88-93
10
240
301
I 2/ 1 5 /7 4
Note
Bond
2/15/74-C
2/15/74
551
1989
4-1/8#
Bond
1990
8-1/4#
Bond
-
1993
6-3/4#
Bond
-
2/15/93
1/10/73
Bond
-
5/15/93-98
5A 5A 3
7#
5/15/89-94
4/18/63
300
5A5/90
4/7/75
1 ,250p
C
8/15/74
1994
ft-1/2#
Bond
5A5/94-99
1 /
11A5/74
1995
7-7/8#
Bond
2/15/95-00
2/18/75
400 p
{
Note
-
5/15/73-A
5-5/8#
2/
Note
-
8/15/74-B
8.37
8.37
8.37
5-3/4#
3-7/8#
2/
Note
Bond
-
11A5/74-A
11A 5/74
99.191
99.191
7.95
7.95
5-3/4#
2/
Note
-
2/15/75-A
99.450
99.450
99.450
8.30
8.30
8.30
5-7/8#
6#
2/
Note
Note
885p
902p
2000
8-1/4#
Bond
5/15/00-05
5/15/75
220p
630p
754p
l,604p
1/
2/
Additional issue.
Issued for cash.
Less than $500,000.
Preliminary.
5/15/75-F
5/15/75-B
38
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Bills 1/
(In millions of dollars)
Allotments by investor classes
Issues
Amount issued
Date of
financ
ing
Description o f securities
7-3/4#
17-3/4#
8/17/70
7-1/2#
11A5/70 f 7-1/4#
(7 -1 /2 #
8/15/70
f
11/16/70
2/15/71
f
\
Note
Note
Note
Note
Note
6-3/4# Note
5-7/8# Note
6-1/4# Note
Note
5/15/71 J 5#
5-3/4# Note
6#
Note
6/29/71
8/15/71
8/16/71
9/8/71
7#
t 7#
f
6-1/2# Note
2/15/72
4/3/72
5/15/72
8/15/72
10/19/72
11/15/72
12/28/72
lAO/73
2/15/73
5/15/73
8/15/73
9/4/73
11/15/73
2/15/74
4/9/74
U
2,514
-
-
2,036
57
11/15/76-D
1,283
-
-
1,046
15
2,045
2,768
24
_
66
1,500
8,207
1,192
1,833
1,566
3,197
296
2/15/75-E
_ l l / l 5/73-D
- 11/15/78-B
11/15/86
5/15/76-E
f 5-3/4# Note _
2/15/82
6-3/8# Bond 5-7/8# Note 5/15/75-F
5/15/73-E
f 4-3/4# Note 2/15/82 8 /
\ 6-3/8# Bond f 5-7/8# Note _
2/15/76-F
8/15/79-A
{ 6-1/4# Note V,6-3/8# Bond 8/15/84
6#
Note 9/30/74-E
Note
Note
Note
Bond
6-1/4# Note 5-7/8# Note 6-3/4# Bond f 6-1/2# Note _
\ 6-5/8# Note j 6-7/8# Note ( 7#
Bond f 7-3/4# Note \ 7-1/2# Band 8-3/8# Note (1 %
Note _
( 7#
Note n7-1/2# Bond ( 6-7/8# Note \ 7#
Note V7-1/2# Bond 8#
Note -
r 8-3/4# Note _
5/15/74 ( 8-3/4# Note _
v 8-1/2# Band -
11/15/76-D 8 /
12/31/74-F
2/15/93
8/15/76-G
11/15/79-B
5/15/80-A
5/15/93-98
8/15/77-B 8 /
8/15/88-93
9/30/75-G
3,190
2,037
_
2,285
195
Indi
vidu
als
2/ 1 5/74-C
8/15/77-B
_ 2/15/72-C
5/15/74-D
8/15/76-C 8 /
5/15/72-D
_
8/15/75-C
2/15/78-A
_
8/15/72-E
- 11/15/74-A 8 /
- 11/15/72-F
- 11/15/75-D
8/15/81
2/ 15 / 7 3 -C
6-1/4# Note -
5-7/8#
(*4-7/8#
11/15/71 { 6#
1 6-1/8#
10/22/71
Note
Bond
For
cash
In
exchange
for
other
securi
tie s
3,139
2,264
190
4,505
2,511
U.S. Gov
ernment Commer
accounts
cia l
and
banks
Federal
2 /
Reserve
banks 2 /
150
479
190
838
811
1,929
967
1,593
3,586
3,122
1,664
2,481
1,033
-
-
7,679
8,389
3,452
3,231
-
2,319
2,722
1,457
1,046
-
1,351
1,257
2,071
3,115
613
592
351
1,542
112
166
74
656
292
94
119
235
431
138
246
Insur
ance
compa
nies
Mutual
sav
ings
banks
Corpo
rations
Private
pension
and re
tirement
funds
38
29
38
22
13
44
24
2
43
37
10
62
35
78
61
40
6
20
4
11
77
116
34
90
91
98
22
36
13
26
30
38
8
13
26
37
8
9
2
18
13
7
3
22
133
Pension
and re
t ir e
ment
funds
2
6
Other
funds
Dealers
and
brokers
335
513
248
72
110
193
22
269
343
392
325
205
77
4
260
496
198
104
8
123
3
4
*
93
93
2
714
631
177
263
68
334
424
135
196
94
6
405
76
209
24
52
3
4
2
*
2
3
2
35
9
5
36
2
3
2
*
52
272
2
1
5
1
*
21
125
67
9
15
240
31
1
1
47
6
1
1
1
19
2
1
_
9
2
14
46
104
1,446
777
85
221
26
29
5
21
1
26
53
235
3
85
46
992
1,150
185
558
296
84
311
13
117
121
1,605
15
6
15
23
79
1
*
*
35
52
51
4
36
27
4
*
*
24
1
*
*
1
*
*
1
70
2
1
10
125
54
26
10
84
166
82
68
89
28
33
44
7
202
43
23
2
6
7
*
79
100
33
*
703
275
405
186
769
45
15
*
2
440
1
41
202
1,776
-
1,279
505
_
41
2,060
2,514
4,945
4,559
2,312
2,514
1,028
1,437
1,180
1,231
353
2,557
1,606
512
-
-
1,990
9
1
1
3
3
24
31
*
3,041
2,102
-
105
2,230
-
2,062
2
*
3
-
24
6
2
*
1,392
595
291
1,878
556
40
29
16
*
3
6
31
1
42
2
*
5
*
59
1
17
*
*
*
1
68
21
5,275
140
630
665
61
220
220
136
307 '
327
250
1,320
102
1,438
83
1,097
2
*
49
39
1
8
26
11
400
4
6
_
*
1
7
41
28
1
6
*
16
1
7
309
56
9
6
1
1
2
7
73
136
4
38
22
4
8
6
.2
1
*
*
*
*
59
1
*
*
20
15
23
9
13
3
8
2
14
14
10
3
5
5
627
_
1,009
2,043
652
2,026
500
2,042
3,883
595
5,221
40
628
425
1,511
2,021
302
220
220
136
2,258
1,515
301
307
327
250
12/31/75-H
11/15/79-C
8/15/88-93 8 /
5/15/77-C
2/15/81-A
8/15/88-93 8 /
3/31/76-H
l,532p
-
6/30/76-1
8/15/78-C
5/15/94-99
2,048
1,879
309p
656
583
279
2 /
167
47
1,500
2,915
673
420
554
-
2,802
2,131
All
other
59
8
19
130
210
2
State and lo ca l
governments 6 /
71
23
111
14
183
34
188
3
1
8
27
1
41
25
18
46
21
11
7
10
2
8
2
1
4
33
1
35
1,003
1,366
83
1,519
1,094
173
1,016
154
10
8
656
583
279
1,224
1,315
106
263
270
68
19
10
8
10
10
1
Source:
Based on subscription and allotment reports. For detail o f
offerings see Table PDO-4.
1 / Excludes 1-1/2# Treasury notes issued in exchange to holders of non
marketable 2-3/4# Treasury bonds. Investment Series B-1975-80.
2 / Includes trust funds and accounts* that comprise Government accounts
under the unified budget concept.
2 / Includes trust companies and stock savings banks.
Includes partnerships and personal trust accounts.
5 / Exclusive of banks and insurance companies.
6/
7/
8/
*
p
-
-
4
1
111
214
29
2
273
296
112
104
71
30
346
644
23
23
22
14
*
*
312
447
98
473
370
103
47
16
35
151
6
9
11
16
21
1
165
288
96
51
100
202
125
56
Consists o f trust, sinking, and investment funds o f State arid loeal
governments and their agencies.
Includes savings and loan associations, nonprofit institutions, and
investments of foreign balances and international accounts in this
country. Also included are certain Government deposit accounts and
Government-sponsored agencies.
Reopening of earlier issue.
Less than $500,000.
Preliminary.
39
June 1975
.PUBLIC DEBT OPERATIONS.
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Bills Other than Regular Weekly Series
(In millions of dollars)
Total amount issued
Date o f
financing
Date o f
maturity
Average
rate
One-year
series
9 -month
series 1 /
Tax antic
ipation
series
Allotments by investor classes
52-week
series
(Percent)
U.S. Gov
ernment
accounts
and Federal
Reserve
banks 2/
500
75
627
501
73
194
140
654
125
578
7/31/72
f 4/30/73
t, 7/31/73
4.723
4.918
1 ,2 0 1
8/31/72
5/31/73
8/28/73
5.040
5.178
1,803
9/30/72
| 6/30/73
L 9/25/73
/ 7/31/73
t 10/23/73
5.346
5.529
5.223
5.318
11/24/72
11/30/72
12/5/72
12/31/72
4/20/73
11/20/73
6/22/73
12/18/73
4.721
5.225
5.089
5.337
1,800
728
1/31/73
2/28/73
1/15/74
2/12/74
5.986
6.050
1,804
1,801
3/31/73
4/30/73
5/31/73
6/30/73
7/31/73
8/15/73
8/28/73
9/25/73
10/9/73
10/23/73
13/1/73
11/20/73
6.616
6.598
6.818
7.235
8_.392
9.803
8.387
8.057
7.702
7.132
6.765
7.708
7.830
7.790
6.880
6.948
6.342
7.452
6.897
1,790
1,802
1,800
1,801
l t802
12/18/73
1/15/74
2/12/74
3/4/74
3A2/74
3/29/74
4/9/74
5/7/74
6/4/74
7/2/74
7/30/74
8/7/74
8/27/74
9/24/74
10/22/74
11/4/74
3/12/74
4/9/74
5/7/74
6/4/74
7/2/74
9/19/73
8/27/74
9/24/74
7/30/74
10/22/74
4/19/74
11/19/74
f 4/19/74
6/21/74
12/17/74
1/14/75
2/11/75
4/19/74
3/11/75
6/21/74
4/8/75
5/6/75
6/3/75
7A/75
7/29/75
9/20/74
8/26/75
9/23/75
10/21/75
6/19/75
747
745
760
715
500
625
727
H A 9/74
12/3/74
12/5/74
12/17/74
1/14/75
2/11/75
3/H /75
4/8/75
5/6/75
11/18/75
4A6/75
6/17/75
12/16/75
1/13/76
2/10/76
3/9/76
4/6/76
5/4/76
7.362
7.426
7.520
6.625
6.378
5.313
5.637
6.474
10/31/72
11/30/73
500
1,801
501
1,802
2,012
1,802
609
2,510
-
632
86
73
499
455
75
4
308
653
757
-
1,502
-
_
2,001
2,001
2,103
2,102
2,205
2,435
%
837
706
576
717
636
684
*
1,932
164
2,505
2,002
1,801
2,523 5 /
u
30
2
435
727
706
-
808
728
871
-
6.400
116
140
1,803
1,803
2,003
600
1,803
1,802
1,802
1,516 2 /
Source:
Based on subscription and allotment reports. For detail of
offerings see Table PDO-4.
Reopening o f one-year series.
Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
Exclusive o f banks and insurance companies.
135
408
160
400
-
615
-
2,251
1,256
*
5
*
759 '
536
1,0 0 2 ^ /
2,000
1,501 2/
109
594
186
504
642
1,801
8 .422
8.249
8.256
7.836
9*652
9.564
8.341
7.629
7.933
639
_
7*887
1
1,806
2,007
421
All
other 4 /
173
337
165
608
669
567
1,805
1,802
1,804 6/
1,802
Dealers
and
brokers
10
12
1,801
1,802
1,802
-
Corpo
rations
1/
107
199
76
953
518
533
332
531
627
330
562
1,944
458
338
1,698
415
1,979
515
703
1,634
192
613
423
1,504
618
2,500
392
539
2,017
8.30 6
Commer
cia l
banks
442
631
1,438
861
431
524
891
659
803
703
356
506
676
404r
388
598
135
26
187
47
8
_
1
2
585
177
4
3
17
313
222
138
1
6
5
2
382
474
135
255
544
276
207
420
412
297
235
73
337
272
-
_
5
5
40
584
548
45
1
400
20
371
179
185
170
430
173
259
497
114
196
372
288
223
_
10 _
-
1
*
26
_
11
10
200
20
21
8
2
21
7
10
1
414
344
444
381
489
63
336
493
652
495
215
3
315
346
305
208
135
1
150
145
111
114
4
35
9
8
27
28
lr
37
54
381
1,373.
331
361
436
582
495
629
709
305
40
213
439
326
241
485r
515
390
-
11
6
11
12
15
_
Included with a ll other investors are certain Government deposit ac
counts and Government-sponsored agencies, formerly included with
Government investment accounts.
Reopening o f earlier issue.
42-week iss^e.
Special issues.
Revised.
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS
Tftble ^PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
(Dollar amounts in millions)
Called or maturing securities 1/
Date o f
refunding
or retire
ment
7/31/72
5.953% B ill
4.496% B ill
5%
4%
Note
-
6%
Note
{ 2-1/2% Bond
7/31/72
7/31/72
7/31/71
7/31/71
1,202
500
8/15/72-E -
5A 5/71
2,574
8/15/72
Bond
9/15/72
2-1/2% Bond
8/15/72
Issue
date
Description
-
11/L5/72-F
-
Amount
out
standing
12/15/72
9/15/62
10/20/41
6/29/71
11/15/45
Disposition offers
by Treasury
Cash
retire
ment
Exchange
security
offered
500
1,453
1,951
2,285
2,547
[5-7/8%
6-1/4%
(6-3/8%
Note
Note
Bond
-
2,285
f
<
1
197
133
(5-7/8%
<6-1/4%
|6-3/8%
Note
Note
Bond
2,547
805
( 223
^ 165
(5-7/8%
<6-1/4%
j6-3/8%
Note
Note
Bond
f 1,235
^ 535
/6-l/4%
\6-3/8%
Note
Bond
-
f
756
L
/6-l/4%
\6-3/8%
Note
Bond
-
/6-l/4%
\6-3/8%
Note
Bond
2,236
-
2/15/74-A
2/15/68
5,148
5,148
T
J
5-7/8% Note 5 /
-
2/15/75-E
10/22/71
2,045
2,045
J
[
555
268
27,451
27,451
454
A . 279% B ill
^3.930% B ill
9/30/72
9/30/72
9/30/71
9/30/71
1,201
501
1-1/2% Note
- 10/1/72-E0
10/1/67
33
r 4.490% B ill
< 3 .891J6 B ill
10/31/72
10/31/72
10/31/71
10/31/71
1,200
500
1,200V
500J-
1,201 "I
5 0 1 J
33
11/15/72-£
6/29/71
1,326
1 ,3 2 6 £ /
_
11/30/71
11/30/71
1 ,2 0 1
-
11/30/72
11/30/72
1 ,201) 2/
501)
12A5/72
2-1/2% Bond
-
12A5/72
11A5/45
1,351
1,351
12/31/72
f 3.927% B ill
1 4.512% B ill
_
l , 200l
501/2/
-
1/31/73
1/31/73
12/31/71
12/31/71
1/31/72
1/31/72
1,2 0 0
-
12/31/72
12/31/72
8A6/71
11A5/71
2/29/72
2/29/72
2,514
4,268
B ill
B ill
Note
Note
4A /73
4/20/73
f 4.091%
4.367%
"“4.661%
^4.754%
1-1/2%
4.721%
B ill
B ill
B ill
B ill
Note
B ill
4/30/73
f 4.362% B ill
i 4.731% B ill
_
5A5/73
| 7-3/4% Note
\ 4-3/4% Note
_
-
2A5/73
2A5/73
-
2/28/73
2/28/73
_
_
_
-
_
501
1 ,2 0 0
500
1 ,2 0 0
501
3/31/73
3/31/73
4A/73-EA
4/20/73
4/30/73
4/30/73
5A5/73-A
5A5/73-E
3/31/72
3/31/72
1 ,2 0 1
4 A /6
n1/24/7
/2 4 /7 2
4/30/72
4/30/72
34
10A/69
5A5/72
5,844
3,792
501
1 , 20a
5 0 U i/
1 ,2 0 6
5 0 l| j/
34
1 , 200 \
5/31/73
5/31/73
5/31/72
5/31/72
1 ,2 0 0
-
6/22/73
5.089% B ill
-
6/22/73
12/5/72
2,510
6/30/73
f 4.853% B ill
\ 5.346% B ill
_
6/30/73
6/30/73
6/30/72
6/30/72
1 ,2 0 1
500
500
1,425
2,458
2,514
4,268
_
1 ,2 0 0
f 4.465% B ill
5.040% B ill
Footnotes at end of table.
500/2/
2 ,0 12
5/31/73
-
1,2001
2 ,0 1 2
500
612
454
-
f 3.936%
I 4.234%
f 6-1/2%
14-7/8%
11,816
y
/
500/2/
3,18m
1,194/^/
l , 200 l
500/2/
2,510 V
2,663
8/
2,598
2/
1,089
1,810
2/
-
_
_
_
-
_
-
_
_
_
-
\6-3/8%
Note
Bond
A , 945
(4,559
\2,312_
5-7/8% Note
6-1/4% Note
6-3/8% Bond
f 6 -1 /4 %
500 y
Note
501
379
1,200^1
r 4.563% B ill
3.862% B ill
6%
Note
Note
Bond
J
5-3/4% Note 5 /
10/20/71
232
630
265677
457
9/15/72
3/31/73
1,951
fl,097
< 181
1 221
2,236
2-1/2% Bond
2/28/73
_
12/2/57
9/15/72
2A5/73
Note
Note
Bond
11A5/74
1,200
500
1/31/73
5-7/8%
6-1/4%
[6-3/8%
3-7/8% Bond 5 / -
8/31/7L
8/31/71
11/30/72
1,453
699
123
252
7,212
8/31/72
8/31/72
11/15/72
15
f
(
^
7,212
/ 5.125% B ill
t 4.580% B ill
10/31/72
I
(5-7/8%
<6-1/4%
J6-3/8%
11/15/67
8/31/72
1 0 /1 /1 2
Jl,715
( 612
2,574
ll/15/74-A
Total.
9/30/72
Ex
changed
Description o f new
securities offered
(See also Table PDO-4)
Turned
in for
cash 2 /
1 , 202 ^ /
-
5-3/4% Note 5 /
Results o f ex
change offers
_
-
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
A-1979
8A5/84
A-1979
8/15/84
A-1979
8/15/84
A-1979
8/15/84
June 1975
41
.PUBLIC DEBT OPERATIONS.
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills —Continued
___________________________ (Dollar amounts in m illions)
Disposition offers
Called or maturing securities 1 /
by Treasury
Amount
Exchange
Cash
Issue
out
Description
security
retire
date
standing
offered
ment
Date e f
refunding
or retire
ment
A . 918# B ill
^5.223# B ill
7/31/73
8/15/73
8/28/73
8/15/73-?
8/15/73
2/15/70
9/15/63
1,839
3,894
3 ,1 6 6 ^
5.178# B ill
8/28/73
8/31/72
1,803
1,803 1 /
9.803# B ill
9/19/73
8/15/73
2,017
2,017 4/
Note
Bond
4%
-
Note
B ill
Bond
B ill
B ill
-
5.986# B ill
6.050# B ill
2/12/74
5/15/74
! , 20 lTl
501 h /
1-1/2#
5.318#
4-1/8#
5.225#
5.337#
1A5/74
5/7/74
501
5.529# B ill
10/0/73
10/23/73
11/15/73
4/19/74
1 ,2 0 1
{
9/25/73
3/12/74
4 A /7 4
4/V 74
7/31/72
7/31/72
8 -1 /8 %
9/19/73
2/15/74
7/31/73
7/31/73
7-3/4# Note
v. 4-1/8# Bond
f
-
6.616# B ill
1-1/2# Note
6.598# B ill
{
6.765# B ill
7.830# B ill
,7.452# B ill
6.818# B ill
f 7-1/4# Note
i 4 - I / 4# Bond
-
9/25/73
9/30/72
1,801
1,801 2/
10/1/73-E0
10/23/73
11/15/73
11/20/73
12/18/73
10/1/68
10/31/72
7/22/64
11/30/72
12/31/72
30
1,802
4,336
1,802
1,800
30
1,802
3,760
1,802
1,800
0/15/74
1/31/73
1,804
1,804
2/12/74
2/15/74-C
2/15/74
2/28/73
8/15/70
1/15/65
1,801
1,801
2,960
2,466
2,621
1,902
3/12/74
4/l/y4-EA
4/9/74
4A9/74
4A9/74
4A9/74
3/31/73
4A /69
4/30/73
llA /7 3
llA /7 3
11/1/73
1,790
34
1,802
2,007
1,790
1,516
5/7/74
5/31/73
1,800
5/15/74-D
5/15/74
11/15/70
5/15/64
4,334
2,847
1,0 0 2
576 12,
342 12/
542 14 /
34
1,802
2 , 00 ?*
1 , 00 2 U /
1,51^/
1,800
3,335
2 ,3 2 8
6 /4 //*
7.235# B ill
6/4/74
6/30/73
1,801
1,801
6/21/74
f 7.790# B ill
I 8.306# B ill
11/30/73
11/30/73
2,000
2 ,ood|
2,523
2 ,5 2 ^ 4 /
7/2A 4
8.392# B ill
6/21/74
6/21/74
7/2/74
7/31/73
1,802
1,802
7/30/74
7.702# B ill
7/30/74
10/9/73
1,804
1,804
8/15/74
5-5/8# Note
8/15/74-B
8/15/68
10/284
4,401
8/27/74
8.387# B ill
8/27/74
8/28/73
1,804
1,804
9/20/74
9.652# B ill
9/20/74
8/7/74
1,526
1,526 4 /
9/24/74
8.057# B ill
9/24/74
9/25/73
1,802
1,802
9/30/74
6#
9/30/74-E
10/19/72
2,060
1,855
10/22/74
10/23/73
1,802
1,802
3,238
1,071
Note
325 1 2 /
728 11/
999 12/
519 16/
5,883 1Z/
205 18/
10/22/74
7.132# B ill
11A5/74
f 5-3/4# Note
^ 3-7/8# Bond
11/15/74-A
11A5/74
11A5/67
12/2/57
5,442
1,213
11/19/74
7.708# B ill
6.880# B ill
1 ,8 0 1
1,803
5-7/8# Note
6.948# B ill
2,10 2
2,025
1,802
77 21
2A 5/75
r 5-3/4# Note
I 5-7/8# Note
2A5/75-A
2/15/75-E
11/20/73
12/18/73
12/28/72
1A5/74
2A5/68
10/22/71
1,803
12/31/74
1/L4/75
10/19/74
12/17/74
12/31/74-F
1A4/75
1,801
"12A7/74
2,886
1,129 22
118 22
2/11/75
6.342# B ill
2/11/75
2/12/74
1,802
1,802
3/11/75
6.897# B ill
3/12/74
1,801
1,801
7»
1,501
4/ 9 /7 4
12 / 3 / 7 4
5/ 7 /7 4
1 ,8 0 1
2,251
1,802
1,80 2
2,597
7,459
1,802
4/ 8 /7 5
4/16/75
5/6/75
5/15/75
6/3/75
8.049$
1-1/2%
7.887#
7.426#
8.442#
0
B ill
Note
B ill
B ill
B ill
6#
3/11/75
3/31/75-FFB
4/1/75-EA
4/8/75
4/16/75
5/6/75
1,802
4,015
1 ,2 2 2
Note
5-7/8# Note
5/15/75-B
5/15/75-F
5/ 15 /6 8
4/3/72
6,760
7,679
8.249# B ill
6/3/75
6/4/74
1,802
Footnotes on following page.
1,104
2,204 12/
142 20/
1' 50S
1,801
2,251 4/
4,163
220 22
Results o f ex
change o ffers
Exchanged
Turned
in for
cash 2/
Description o f new
securities offered
(See also Table PDO-4)
Treasury Bulletin
42
.PUBLIC DEBT OPERATIONS
Footnotes to Table PDO-7
Source:
Bureau o f the Public Debt.
1 / Original c a ll and maturity dates are used.
2 / A ll by investors other than Federal Reserve banks.
2 /
Rolled over into new b ills
(see Table PDO-4).
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.
5 / Subscribers exchanging these securities may elect, for Federal income
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 o f Series B-1979. Other
holders o f 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
m illion of 6-7/8% notes o f Series A-1980 and $40 m illion of 7% bonds
o f 1993-98 issued May 15, 1973.
9 / Exchanged by Federal Reserve banks and Government accounts for 6-7/8%
notes of Series A-1980 issued May 15, 1973.
10/ Exchanged by Federal Reserve banks and Government accounts for $233
m illion of 7-3/4% notes of Series B-1977 and $92 million of 7-l/2%
bonds of 1988-93 issued August 15, 1973.
11/ Exchanged by Federal Reserve banks and Government accounts for $495
m illion o f 7-3/4% notes of Series B-197'7 -and $233 m illion of 7 - 1 / 2%
bonds of 1988-93 issued August 15, 1973.
12/ Exchanged by Federal Reserve banks and Government accounts for $220
m illion o f 7% notes o f Series C-1979, $220 m illion of 7% notes of
Series H-1975 and $136 m illion of 7-1/2% bonds of 1988-93 issued
November 15, 1973.
13/ Exchanged by Federal Reserve banks and Government accounts for $307
m illion o f 6-7/8% notes of Series C-1977, $25 million of 7% notes of
Series A-1981 issued February 15, 1974, and $10 million o f 7-1/2%
1 4/
15/
16/
1 7/
18/
19/
20/
21/
22/
23/
24/
25/
p
bonds of 1988-93 issued February 28, 1974.
Exchanged by Federal Reserve banks and Government accounts fo r $302
m illion of 7% notes of Series A-1981 issued February 15, 1974, and
$240 m illion of 7-1/2% bonds of 1988-93 issued February 28, 1974.
Exchanged by Federal Reserve banks and Government accounts for $656
million of 8-3/4% notes o f Series 1-1976 and $343 million of 8-3/4%
notes o f Series C-1978 issued May 15,1974.
Exchanged by Federal Reserve banks and Government accounts for $240
million o f 8-3/4% notes o f Series C-1978 and $279 m illion o f 8-l/2%
bonds o f 1994-99 issued May 15, 1974.
Exchanged by Federal Reserve banks and Government accounts fo r $2,936
million of 9% notes o f 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 fo r 8-1/4%
notes of Series J-1976 issued September 30, 1974.
Exchanged by Federal Reserve banks and Government accounts for $1,059
million of 7-3/4% notes of Series B-1977, $949 m illion o f 7-3/4% notes
of Series B-1981 and $196 million of 8-l/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 o f Series K-19^6 issued December 31, 1974.
Exchanged by Federal Reserve banks and Government accounts for $692
m illion o f 7-1/8% notes o f Series D-1978, $400 m illion o f 7-3/8%
notes o f Series C-1981 and $36 m illion o f 7-7/8% bonds o f 1995-2000
issued February 18, 1975.
Exchanged by Federal Reserve banks and Government accounts for $4
m illion o f 7-1/8% notes o f Series D-1978 and $114 m illion of 7-7/8%
bonds of 1995-2000 issued February 18, 1975.
Exchanged by Federal Reserve banks and Government accounts for $2,300
m illion o f 7-5/8% notes o f Series E-1978, $1,233 m illion o f 8% notes
of Series A-1982 and $630 m illion o f 8-1/4% bonds o f 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.
Note: Information on retirement o f tax anticipation issues referred to
in footnote 4. in millions o f dollars:
Redeemed
for
taxes
Redeemed
for
cash
Date of
retirement
Securities
Total
amount
retired
4/ 2 0 /7 3
B ill
2,012
912
6/ 2 2 /73
B ill
2,510
1,687
823
9/L 9 /7 3
B ill
B ill
B ill
B ill
B ill
2,017
494
817
836
1,523
3,708
3,686
402
1,124
2,067
4A 9 /7 4
6/ 2 1 /7 4
9 / 2 0 /74
4/16/75
4,525
4,522
1,526
2,251
184
1,100
June
1975
43
PTTRT.Tf! DEBT OPERATIONS_____________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars; dollar amounts in millions)
Month of
activity
r
f
(srtificates of indebtedness
1973-July...............
Issue
date
Securities
<
Notes
4/05/73
4/17/73
4/17/73
4/18/73
4/18/73
4/19/73
4/19/73
4/26/73
5/14/73
6/20/73
6/26/73
7/05/73
7/12/73
7/13/73
7/13/73
7/13/73
7/16/73
7/16/73
7/17/73
< 7/17/73
7/17/73
7/17/73
7/17/73
7/18/73
7/18/73
7/18/73
7/18/73
7/18/73
7/19/73
7/19/73
7/19/73
7/19/73
7/23/73
7/23/73
7/24/73
7/26/73
7/27/73
7/30/73
I 7/31/73
f 12/31/68
7/07/71
1 7/14/71
< 4/27/72
7/09/73
7/16/73
^ 7/19/73
f
Aug................
<Certificates
of indebtedness
<
5/2/73
5/7/73
5/9/73
5/14/73
5/14/73
5/16/73
5/16/73
5/23/73
6/6/73
6/6/73
6/7/73
7/12/73
7/13/73
7/13/73
7/13/73
7/16/73
7/16/73
7/17/73
7/17/73
7/17/73
7/18/73
7/18/73
7/18/73
7/19/73
7/19/73
7/19/73
7/23/73
7/23/73
7/24/73
7/27/73
7/30/73
7/31/73
8/1/73
8/2/73
8/2/73
Maturity
date
7/05/73
7/17/73
7/17/73
7/18/73
7/18/73
7/19/73
7/19/73
7/26/73
8/14/73
9/20/73
9/26/73
10/05/73
10/12/73
10/15/73
10/15/73
10/15/73
10/16/73
10/16/73
10/17/73
10/17/73
10/17/73
10/17/73
10/17/73
10/18/73
10/18/73
10/18/73
10/18/73
10/18/73
10/19/73
10/19/73
10/19/73
10/19/73
10/23/73
10/23/73
10/24/73
10/26/73
10/29/73
10/30/73
10/31/73
Interest
rate
(Percent)
7/02/73
7/09/73
7/16/73
7/19/73
7/08/80
7/15/80
10/24/74
6.55
6.20
6.20
6.20
6.20
6.20
6.20
6.25
6.15
7.30
7.25
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.15
8.15
8.15
8.15
8.35
6.00
6.45
6.30
4.60
7.20
7.30
8.10
8/2/73
8/7/73
8/9/73
8/14/73
8/14/73
8/16/73
8/16/73
8/23/73
9/6/73
9/6/73
9/7/73
10/12/73
10/15/73
10/15/73
10/15/73
10/16/73
10/16/73
10/17/73
10/17/73
10/17/73
10/18/73
10/18/73
10/18/73
10/19/73
10/19/73
10/19/73
10/23/73
10/23/73
10/24/73
10/29/73
10/30/73
10/31/73
11/1/73
11/2/73
11/2/73
6.30
6.30
6.15
6.15
6.15
6.20
6.20
6.45
7.15
7.15
7.15
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.15
8.15
8.15
8.15
8.35
8.35
8.35
8.35
Amount
Issued
_
_
_
_
_
_
_
_
_
_
_
44
2
3
20
30
8
17
250
70
1
5
7
11
25
1
3
14
40
50
6
24
5
18
1
25
24
53
264
_
_
_
_
200
200
175
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
14
55
16
Retired
Total outstanding
end of month
44
250
70
11
25
40
50
25
261
489
15
_
_
_
_
_
_
_
_
_
_
_
_
_
_
> 26.420
_
_
_
—
_
_
_
_
-
100
200
200
175
_
55
413
105
1,170
70
15
65
30
135
109
89
2
20
3
30
8
17
7
5
1
3
14
1
8
16
6
5
18
1
24
53
3
14
16
N
► 26,159
44
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Jssued to Official Institutions of Foreign Countries! —Continued
(Payable in U.S. Dollars; dollar amounts in millions)
Month o f
a ctivity
Securities
Notes
1973-Sept.
/ Certificates of indebtedness
Notes
Certificates o f indebtedness
Oct.
Notes
Issue
date
Maturity
date
Amount
Interest
rate
(Percent)
Issued
Retired
Total outstanding
end o f month
_
8/7/73
8/9/73
8/14/73
8/14/73
8/16/73
8/16/73
8/22/73
8/23/73
8/23/73
8/29/73
8/31/73
5/25/72
11/7/73
11/9/73
11/14/73
11/14/73
11/16/73
11/16/73
11/23/73
11/23/73
11/23/73
11/29/73
11/30/73
8.50
8.50
9.00
9.00
9.00
9.00
8.95
8.95
8.95
8.70
8.70
413
105
1,170
70
15
65
45
8
30
1
472
8/23/73
4.67
6/06/'/3
6/06/73
6/07/73
6/20/73
6/26/73
6/29/73
8/09/73
8/29/73
9/06/73
9/06/73
9/06/73
9/06/73
9/07/73
9/10/73
9/19/73
9/20/73
9/20/73
9/24/73
9/24/73
9/25/73
9/25/73
9/26/73
9/26/73
9/27/73
9/28/73
9/28/73
6/22/72
9/06/73
9/06/73
9/07/73
9/20/73
9/26/73
9/28/73
11/09/73
11/29/73
10/09/73
12/06/73
12/06/73
3/06/74
12/07/73
12/10/73
12/19/73
12/20/73
12/20/73
12/21/73
12/21/73
12/27/73
12/27/73
12/26/73
12/28/73
12/27/73
12/28/73
12/28/73
7.15
7.15
7.15
7.30
7.25
7.25
8.50
8.70
8.80
8.80
8.80
8.75
8.80
8.80
8.80
8.80
8.80
8.80
8.80
7.35
7.35
7.35
7.35
7.35
7.35
7.35
_
7/05/73
7/17/73
7/17/73
7/18/73
7/18/73
7/19/73
7/19/73
7/19/73
7/26/73
7/31/73
8/09/73
8/23/73
9/06/73
9/07/73
9/19/73
9/20/73
9/24/73
9/25/73
9/26/73
9/28/73
9/28/73
10/01/73
10/02/73
10/02/73
10/09/73
10/09/73
10/12/73
10/17/73
10/17/73
10/18/73
10/19/73
10/19/73
10/25/73
10/26/73
10/33/73
9/20/73
10/05/73
10/17/73
10/17/73
10/18/73
10/18/73
10/19/73
10/19/73
10/19/73
10/26/73
10/31/73
11/09/73
11/23/73
10/09/73
12/07/73
12/19/73
12/20/73
12/21/73
12/27/73
12/26/73
12/28/73
12/28/73
12/31/73
1/02/74
1/02/74
1/09/74
1/09/74
1/11/74
1/17/74
1/17/74
1/18/74
1/18/74
1/18/74
1/25/74
1/25/74
1/31/74
4.95
8.00
8.00
8.00
8.00
8.00
8.0,0
8.00
8.0b
8.1J5
8.3,5
8.5(0
8.9l5
8.80
8.80
8.^0
8.80
8.80
7.35
7.35
7.35
7.35
7.35
7.15
7.15
7.35
7.35
7.35
7.20
7.20
7.20
7.20
7.20
6.95
6.95
7.20
7/20/72
10/01/73
10/18/73
10/18/73
12/19/74
1/23/75
5.00
7.50
7.10
8
_
_
_
45
8
-
-
158
2,533
158
158
100
4
31
200
10
87
46
66
27
901
73
92
4
664
-
58
104
215
158
95
21
45
250
11
50
31
3
25
417
-
50
200
150
2,503
466
100
200
885
652
38
1
4
-
200
44
70
250
11
25
9
50
31
25
261
19
30
158
100
31
10
46
66
150
4
300
-
-
_
-
21
-
50
14
3
-
200
-
) 26,175
45
June 1975
.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 o f
a ctivity
1973-Nov.
Securities
( C ertificates o f indebtedness
Issue
date
Maturity
date
Interest
rate
( Percent)
5/9/73
5/14/73
5/17/73
5/30/73
6/6/73
8/2/73
8/7/73
8/9/73
8/14/73
8/14/73
8/16/73
8/16/73
8/31/73
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
11/9/73
ll/U /7 3
11/16/73
11/30/73
12/6/73
11/2/73
11/7/73
11/9/73
11/14/73
11/14/73
11/16/73
11/16/73
11/30/73
12/6/73
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
5/14/74
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
6.45
6.45
6.45
6.90
7.25
8.35
8.50
8.50
9.00
9.00
9.00
9.00
8.70
8.80
8.80
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
8.65
8.65
7.70
7.70
7.70
7.70
2/28/74
12/19/74
12/20/73
5.50
7.20
8.80
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
2/2/72
9/21/72
12/27/73
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
1A7/74
1/18/74
1/25/74
1/31/74
10/26/72
1/24/74
12/21/73
12/27/73
12/28/73
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
7.35
7.35
7.35
7.35
7.40
7.40
7.35
7.35
7.35
7.40
12/3/73
12/27/73
1/9/75
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
4/1/74
4/2/74
4/2/74
4/9/74
4/9/74
4/17/74
4/18/74
4/25/74
5/1/74
4.80
5.60
7.12
1/24/74
4/24/75
11/2/73
11/7/73
11/9/73
11/9/73
11/14/73
11/14/73
11/16/73
11A6/73
2/1/74
2/7/74
2/8/74
2/8/74
2/14/74
2/14/74
2/15/74
2/15/74
5.60
7.35
7.20
8.10
8.10
8.10
8.65
8.65
8.65
8.65
II/14/73
11/14/73
ll/M /7 3
11/16/73
11/16/73
11/16/73
11/30/73
11/30/73
11/30/73
11/30/73
8/24/72
11/29/73
9/20/73
Notes
Certificates o f indebtedness
Dec.
Notes
Certificates o f indebtedness
1974-Jan.
Notes
t
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
Amount
Issued
Retired
Total outstanding
end o f month
1,480
1,500
706
100
20
55
413
40
1,170
70
65
15
472
2,533
15S
150
601
364
10
55
413
40
33
1,480
1,500
1,170
70
65
15
626
472
2,533
20
158
426
200
200
200
86
26
73
92
58
204
) 24,461
26
92
73
59
22
200
200
106
215
158
95
180
7
25
123
104
215
158
95
250
45
11
7
25
417
30
92
59
106
200
200
55
413
40
33
70
1,170
65
200
23,757
46
Treasury Bulletin
.PUBLIC DEBT OPERATIONS
Table PDO-8. -Foreign Series Securities (Nonmarketable)
Is s u e d to O f f i c i a l I n s t it u t io n s o f F oreig n C o u n t r i e s - C o n t in u e d
(Payable in U.S. Dollars; dollar amounts in millions)
Month o f
a ctivity
1974-Feb.
Issue
date
Securities
11/16/73
11/30/73
11/30/73
12/28/73
2/1/74
2/7/74
2/8/74
2/14/74
2/14/74
2/15/74
2/15/74
2/15/74
2/28/74
2/28/74
2/28/74
2/28/74
2/15/74
2/28/74
2/28/74
3/28/74
5/2/74
5/7/74
5/8/74
5/14/74
5/14/74
5/15/74
5/15/74
5/15/74
5/28/74
5/28/74
5/28/74
5/28/74
9/6/73
12/20/73
12/21/73
12/27/73
12/28/73
1/9/74
2/7/74
2/14/74
3/1/74
3/6/74
3/12/74
3/13/74
3/18/74
3/21/74
3/22/74
3/25/74
. 3/26/74
1/02/74
1/09/74
1/17/74
1/18/74
1/25/74
4/01/74
4/02/74
4/08/74
4/09/74
4/09/74
4/17/74
4/18/74
4/18/74
4/19/74
4/25/74
4/25/74
4/26/74
4/30/74
3/6/74
3/20/74
3/21/74
3/27/74
3/28/74
4/9/74
5/7/74
5/14/74
5/31/74
6/6/74
6/12/74
6/13/74
6/18/74
6/21/74
6/21/74
6/25/74
6/26/74
4/02/74
4/09/74
4/17/74
4/18/74
4/25/74
7/01/74
7/02/74
7/08/74
7/09/74
10/09/74
7/17/74
7/18/74
7/18/74
7/19/74
7/25/74
7/25/74
7/26/74
7/30/74
4/25/74
7/24/75
5/09/74
5/14/74
5/30/74
5/01/74
5/02/74
5/08/74
5A4/74
5/14/74
5/15/74
5/15/74
5/15/74
5/28/74
5/28/74
5/31/74
8/01/74
8/02/74
8/02/74
8/08/74
6/20/74
6/27/74
7/05/74
7/11/74
7/18/74
7/25/74
8/01/74
8/08/74
7/15/74
8A2/74
9A 6/74
8A4/74
8/14/74
8A5/74
8A 5/74
(C ertifica tes of indebtedness
’
Mar.
Apr.
Certificates of indebtedness
Certificates o f indebtedness
Notes
May.
(C ertifica tes o f indebtedness
Maturity
date
* 1/25/73
4/25/74
S11/09/73
11/14/73
11/30/73
1/31/74
2/01/74
2/08/74
2/14/74
2A4/74
2/15/74
2/15/74
2/15/74
2/28/74
2/28/74
3/01/74
5/01/74
5/02/74
5/02/74
5/08/74
5/09/74
5/09/74
5/09/74
5/09/74
5/09/74
5/09/74
5/ 09/74
5/09/74
5/14/74
5/14/74
5/14/74
5/15/74
5/15/74
5/14/74
5A 5/74
Interest
rate
(Percent)
Amount
Issued
8.65
7.70
7.70
7.35
7.80
6.95
6.95
7.10
7.10
7.10
7.10
7.10
7.20
7.10
7.20
7.20
8.75
7.40
7.40
7.35
7.35
7.65
6.95
7.10
7.20
7.70
7.95
7.95
7.95
8.05
8.05
8.05
8.30
7.40
7.65
8.00
8.00
8.00
8.30
8.35
8.35
8.65
8.40
8.05
8.05
8.05
8.05
7.85
7.85
7.85
8.90
5.93
8.40
8.00
8.40
7.70
7.80
7.80
6.95
7.10
7.10
7.10
7.10
7.10
7.20
7.20
7.20
8.90
8.90
8.90
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
9.05
8.05
8.05
8.05
8.05
8.05
8.05
8.05
Retired
Total outstanding
end o f month
15
158
3,005
10
23,762
55
421
40
70
1,196
65
204
15
80
80
3,000
14
77
165
12
21
486
87
68
49
10
158
174
88
26
63
95
421
106
4
)
23,602
>
24,086
215
158
180
7
25
62
219
12
79
79
180
7
167
150
25
50
17
23
200
200
1,480
1,500
20
123
55
40
1,090
70
65
204
15
3,014
80
73
123
160
55
40
200
200
200
200
200
200
200
100
890
890
890
70
65
208
15
>24,400
47
June 1975
.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
a ctivity
Securities
Notes
Certificates o f indebtedness
1974-June.
Notes
Certificates o f indebtedness
July.
Notes
Issue
date
Maturity
date
Interest
rate
(Percent)
5/28/74
5/28/74
5/28/74
5/28/74
5/28/74
5/28/74
5/28/74
5/30/74
5/31/74
2/22/73
5/23/74
3/6/74
3/12/74
3/13/74
3/18/74
3/21/74
3/22/74
3/25/74
3/26/74
4/1/74
4/8/74
4/26/74
4/30/74
5/9/74
5/9/74
5/28/74
5/28/74
6/6/74
6/6/74
6/10/74
6/12/74
6/13/74
6/21/74
6/25/74
6/26/74
6/25/71
3/22/73
3/29/73
6/5/74
6/25/74
, 6/27/74
7/29/74
8/08/74
8/15/74
8/22/74
8/28/74
9/30/74
9/30/74
12/02/74
8/30/74
7.60
7.70
7.65
7.75
8.00
7.85
7.85
8.20
8.00
5/23/74
8/28/75
6/6/74
6/12/74
6/13/74
6/4/74
6/21/74
6/21/74
6/25/74
6/26/74
7/1/74
7/8/74
7/26/74
7/30/74
6/20/74
6/27/74
7/29/74
8/28/74
11/6/74
12/6/74
9/10/74
9/12/74
9/13/74
9/20/74
9/25/74
9/26/74
6.15
8.30
7.70
7.95
7.95
7.95
8.05
8.05
8.05
8.30
8.30
8.35
7.85
8.90
9.05
9.05
7.60
8.00
8.10
8.45
8.30
8.30
8.30
8.20
7.85
7.85
6/25/74
6/27/74
6/27/74
6/5/81
6/25/81
10/2/75
6.45
7.00
6.80
2.50
7.90
8.40
4/1/74
4/2/74
4/9/74
4/17/74
4/18/74
4/18/74
4/19/74
4/25/74
4/25/74
5/9/74
5/9/74
5/9/74
5/9/74
5/14/74
5/28/74
5/31/74
6/13/74
6/21/74
6/25/74
7/1/74
7/2/74
7/9/74
7/15/74
7/16/74
7/17/74
7/18/74
7/18/74
7/19/74
7/25/74
7/25/74
7/26/74
7/29/74
7/31/74
4/26/71
7/7/71
7/14/71
7/8/74
7/15/74
7/25/74
7/1/74
7/2/74
7/9/74
7/17/74
7/18/74
7/18/74
7/19/74
7/25/74
7/25/74
7/5/74
7/11/74
7/18/74
7/25/74
7/15/74
7/29/74
8/30/74
9/13/74
9/20/74
9/25/74
10/1/74
10/2/74
1/9/75
10/15/74
10/17/74
10/17/74
10/18/74
10/18/74
10/21/74
10/25/74
10/25/74
10/25/74
10/29/74
8/2/74
7/25/74
7/8/74
7/15/74
7/8/81
7/15/81
10/30/75
8.30
8.35
8.65
8.05
8.05
8.05
8.05
7.85
7.85
9.05
9.05
9.05
9.05
8.05
7.60
8.00
8.30
8.20
7.85
7.85
7.80
8.35
7.90
7.55
7.70
7.70
7.70
7.70
7.60
7.60
7.60
7.60
7.70
6.75
6.65
6.60
8.25
8.25
8.10
Amount
Issued
Retired
Total outstanding
end o f month
850
100
200
200
864
850
80
20
73
300
300
82
82
17
12
21
155
49
10
165
12 ,
21
486
87
68
49
10
14
12
17
23
200
200
441
14
)
23,412
)
22,802
17
12
10
600
100
200
445
600
300
48
219
79
890
250
180
170
7
150
50
25
2
409
132
48
219
79
180
167
7
150
50
25
200
200
200
200
890
409
9
21
68
49
48
275
200
200
200
200
275
Treasury Bulletin
______________ PUBLIC DEBT OPERATIONS_______________________________________
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutionslof Foreign Countries—Continued
(Payable in U.S. Dollars; dollar amounts in m illions)
Month o f
activity
Issue
date
Securities
2/28/74
5/01/74
5/02/74
5/02/74
5/08/74
5/09/74
5/09/74
5A4/74
5A4/74
5/15/74
5A 5/74
5/15/74
5/28/74
5/28/74
< 5/28/74
5/28/74
5/31/74
7/31/74
8/01/74
8/02/74
8/08/74
8 A 2/74
8A 3/74
8A 3/74
8/13/74
8/13/74
8/14/74
8/14/74
8A 5/74
8/15/74
8/28/74
^ 8/28/74
8/28/74
8/01/74
8/02/74
8/02/74
8/08/74
8/01/74
8/08/74
8A 2/74
8A 4/74
8A 4/74
8A 5/74
8/15/74
8/08/74
8A 5/74
8/22/74
8/28/74
8/30/74
8/02/74
11/01/74
11/04/74
11/08/74
11/12/74
11/13/74
11A3/74
11/13/74
11/13/74
11A4/74
11/14/74
11/15/74
11A5/74
11/27/74
1/28/75
f
5/24/73
8/22/74
8/22/74
11/28/75
5/ I 4/74
9/L6/74
9/30/74
9/30/74
9/20/74
10/02/74
10A5/74
10/29/74
11/01/74
3/06/75
12A6/74
12/20/74
10/31/74
9A 9/74
12A8/75
f
1974-Aug................................. Certificates of indebtedness
Notes
Sept............................... C ertificates of indebtedness
Notes
I"
Oct................................. (C ertificates o f indebtedness
Notes
Maturity
date
I
5/28/74
5/28/74
6/21/74
7/02/74
7A 5/74
7/29/74
< 8/01/74
9/05/74
9A 6/74
9/20/74
„ 9/30/74
f
\
6/21/73
9A 9/74
r 4/09/74
7/15/74
7A6/74
7A7/74
7A8/74
7/18/74
7A9/74
7/25/74
7/25/74
9/05/74
9/30/74
10/09/74
10/09/74
10A1/74
10A5/74
10A5/74
10/17/74
<
10/17/74
10/18/74
10/18/74
10/18/74
10/18/74
10/18/74
10/21/74
10/21/74
10/22/74
10/24/74
10/24/74
10/25/74
10/25/74
10/29/74
10/31/74
( 7A9/73
/ 10/01/74
\ 10/24/74
Interest
rate
( Percent)
7.10
8.90
8.90
8.90
9.05
9.05
9.05
8.05
8.05
8.05
8.05
8.05
7.70
7.65
7.75
8.00
8.00
7.70
7.70
7.70
8.50
8.50
8.80
8.80
8.80
8.80
8.80
8.80
8.80
8.80
9.90
9.40
7.00
8.90
8.05
7.85
7.85
8.20
7.80
7.90
7.60
7.70
9.88
9.10
8.20
6.10
7.10
8.35
8.40
7.90
7.55
7.70
7.70
7.70
7.70
7.60
7.60
9.88
6.10
7.75
10/09/74
10/15/74
10/17/74
10/17/74
10/18/74
10/18/74
10/21/74
10/25/74
10/25/74
3/06/75
10/31/74
4/09/75
12/04/74
lA o /7 5
1A 5/75
1A 5/75
1A 7/75
1A 7/75
12/04/74
1/06/75
1A5/75
1/D 7/75
1A7/75
1/21/75
1/23/75
1/23/75
10/30/74
10/30/74
1/24/75
1/24/75
1A5/75
4/30/75
6.70
7.75
7.75
7.75
7.75
6.95
7.70
7.70
7.75
7.75
7.75
7.60
7.45
8.55
8.55
7.55
7.55
7.90
7.90
10/24/74
10/01/81
1/29/76
8.10
2.50
7.80
6.40
Amount
Issued
_
_
_
_
_
_
_
_
_
_
_
-
73
55
40
890
2
_
_
5
70
65
212
15
850
80
_
240
_
_
_
-
_
_
_
_
2,000
890
60
80
_
200
_
_
Retired
80
123
55
160
40
200
100
890
70
65
208
15
100
200
200
850
65
132
_
_
_
2
5
_
_
_
_
_
240
-
79
441
250
180
7
170
150
25
50
300
80
79
2
78
16
4a
180
6
2
1
3
7
174
150
132
100
2
_
_
_
_
_
_
_
_
_
_
_
_
_
_
25
4
5
80
_
_
_
212
175
r
890
850
80
83
219
449
409
73
_
_
_
200
-
_
_
_
_
_
_
_
_
_
_
Total outstanding
end of month
N
2
-
175
>
OUU
\
21 5 77
)
21,544
June 1975
49
. PUBLIC DEBT OPERATIONS.
T a b le P D O -8 . - iF oreign S e r ie s S e c u r it ie s (N o n m a r k e t a b le )
Issu ed
io O f f i c i a l I n s t it u t io n s o f F o r e ig n C o u n t r i e s —C o n t in u e d
(Payable in U.S. Dollars - dollar amounts in millions)
Montn 01
activity
Issue
date
Securities
{C ertificates o f indebtedness
V.
Dec.
CCertificates of indebtedness
Notes
11-06-74
11-04-74
11-08-74
11-12-74
11-14-74
11-15-74
11-15-74
11-27-74
3-06-75
3-06-75
3-06-75
2-04-75
2-15-75
3-06-75
2-07-75
2-11-75
2-11-75
2-11-75
2-11-75
2-11-75
2-11-75
2-14-75
2-13-75
2-14-75
2-18-75
1-15-75
2-20-75
2-20-75
2-20-75
2-20-75
2-20-75
2-21-75
2-21-75
2-21-75
2-21-75
2-21-75
2-21-75
2-21-75
2-21-75
2-21-75
2-26-75
2-27-75
2-27-75
12-02-74
12-06-74
12-16-74
12-20-74
12-04-74
1-10-75
1-15-75
1-17-75
12-04-74
1-24-75
2-20-75
2-20-75
2-21-75
6-02-75
6-05-75
3-17-75
3-19-75
3-19-75
3-19-75
3-19-75
3-19-75
3-19-75
3-19-75
4-01-75
4-01-75
8.10
7.70
8.50
8.50
8.80
8.80
8.80
9.90
9.88
9.88
9.88
7.90
7.70
7.65
7.90
7.60
7.60
7.60
7.60
7.60
7.60
7.60
7.60
7.60
7.60
7.25
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.55
7.35
7.35
7.35
8.20
8.45
9.10
8.20
6.40
6.70
7.75
7.75
6.95
7.55
7.55
7.55
7.55
7.40
7.25
7.20
7.05
7.05
7.05
7.05
7.05
7.05
7.05
7.15
7.15
\
10-01-73
J
11-29-73
\ 12-19-74
1 12-19-74
12-19-74
12-19-74
8-15-77
11-15-77
7.50
7.20
7.75
7.75
1-09-75
1-28-75
1-10-75
1-15-75
1-17-75
1-06-75
1-15-75
1-17-75
1-17-75
1-21-75
1-23-75
1-23-75
1-24-75
1-15-75
1-15-75
1-15-75
8.35
9.40
6.70
7.75
7.75
7.70
7.70
7.75
7.75
7.75
7.60
7.45
7.55
7.90
7.70
7.25
"
Footnote at end of table.
Interest
rate
(Percent)
6-06-74
8-02-74
8-08-74
8-12-74
8-14-74
8-15-74
8-15-74
8-28-74
9-05-74
9-05-74
9-05-74
11-04-74
11-04-74
11-06-74
11-08-74
11-12-74
11-12-74
11-12-74
11-12-74
11-12-74
11-12-74
11-14-74
11-15-74
j
V
11-15-74
11-18-74
11-20-74
11-20-74
11-20-74
11-20-74
11-20-74
11-20-74
11-21-74
11-21-74
11-21-74
11-21-74
11-21-74
11-21-74
11-21-74
11-21-74
11-22-74
11-26-74
11-27-74
V. 11-27-74
5-30-74
6-06-74
9-16-74
9-20-74
10-09-74
10-11-74
10-15-74
10-17-74
10-18-74
10-25-74
11-20-74
11-20-74
11-21-74
< 12-02-74
12-06-74
12-16-74
12-19-74
12-19-74
12-19-74
12-19-74
12-19-74
12-19-74
12-19-74
12-31-74
12-31-74
C
1974-Nov.
Maturity
date
7-09-74
8-28-74
10-11-74
10-15-74
10-17-74
10-18-74
10-18-74
10-18-74
10-18-74
10-21-74
10-21-74
10-22-74
10-25-74
10-29-74
11-04-74
11-20-74
Amount
Issued
Retired
Total outstanding
end o p month
82
55
40
890
135
15
212
850
200
200
200
55
5
82
40
6
26
2
890
135
216
15
40
*
1
10
400
>21,525
57
12
16
13
13
850
20
82
890
3
19
6
13
20
82
890
60
2
24
16
6
2
4
7
200
34
>21,214
15
3
50
200
150
100
79
80
55
441
180
1
3
7
174
150
132
100
25
5
5
50
Treasury Bulletin
.P U B L IC D E B T O P E R A T IO N S .
T a b le P D O -8. - F o r e ig n S e rie s S e c u r itie s (N o n m a rk e ta b le )
Issu ed to O ffic ia l I n s t it u t io n s o f F oreig n C o u n t r ie s —C o n tin u e d
(Payable in U.S. dollars; dollar amounts in millions)
Month of
a ctivity
Securities
Certificates o f indebtedness
1975-Jan.
Notes
/C e rtific a te s o f indebtedness
Interest
rate
( Percent)
Issue
date
Maturity
date
1-02-75
1-06-75
1-08-75
1-08-75
1-09-75
1-09-75
1-10-75
1-10-75
1-13-75
1-15-75
1-17-75
1-17-75
1-17-75
1-21-75
1-22-75
1-23-75
1-23-75
1-24-75
1-24-75
1-27-75
1-28-75
1-28-75
1-29-75
^ 1-31-75
4-02-75
4-07-75
4-08-75
4-08-75
4-09-75
7-10-75
4-10-75
4-10-75
4-14-75
4-15-75
4-17-75
4-17-75
4-17-75
4-21-75
4-22-75
4-23-75
4-24-75
4-24-75
4-24-75
4-28-75
4-28-75
7-29-75
4-29-75
4-30-75
7.15
7.15
6.70
6.70
6.70
6.60
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.40
6.40
6.40
10-18-73
12-27-73
1-09-75
\
1-09-75
1-23-75
1 1-23-75
1-23-75
1-09-75
5-15-77
2-15-78
8-15-76
2-15-78
7.10
7.125
6.875
6.25
7.50
6.25
f 11/4/74
11/8/74
11/12/74
11/12/74
11/14/74
11/15/74
11/15/74
11/18/74
11/20/74
11/21/74
11/22/74
11/26/74
11/27/74
11/27/74
2/3/75
2/4/75
2/4/75
2/5/75
2/5/75
2/5/75
2/5/75
2/6/75
2/6/75
2/7/75
2/7/75
2/7/75
2/10/75
2/10/75
2/11/75
2/11/75
2/11/75
2/11/75
2/13/75
2/13/75
2/13/75
2/14/75
2/14/75
2/18/75
2/18/75
2/18/75
2/18/75
2/20/75
2/21/75
2/21/75
2/21/75
2/24/75
2/26/75
2/26/75
2/26/75
2/27/75
2/27/75
2/27/75
2/27/75
2/28/75
k 2/28/75
2/4/75
2/7/75
2/11/75
2/11/75
2/14/75
2/13/75
2/14/75
2/18/75
2/20/75
2/21/75
2/21/75
2/26/75
2/27/75
2/27/75
5/2/75
5/5/75
5/5/75
5/5/75
5/5/75
5/5/75
5/6/75
5/6/75
5/6/75
5/7/75
5/7/75
5/7/75
5/9/75
5/9/75
5/12/75
5/12/75
5/12/75
5/12/75
5/13/75
5/13/75
5/15/75
5/14/75
5/14/75
5/19/75
5/20/75
5/20/75
5/20/75
5/20/75
3/5/75
5/21/75
5/21/75
5/23/75
5/27/75
5/27/75
5/27/75
5/27/75
5/27/75
5/27/75
5/27/75
5/28/75
5/28/85
7.90
7.90
7.60
7.60
7.60
7.60
7.60
7.60
7.55
7.55
7.55
7.35
7.35
7.35
5.60
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.80
5.80
5.80
5.80
5.80
5.80
5.80
5.80
5.80
5.40
5.40
5.40
5.40
5.40
4.35
5.40
5.40
5.40
5.45
5.45
5.45
5.45
5.45
5.45
5.45
5.45
5.45
6.40
6.40
6.40
6.40
5.60
5.85
5.60
5.60
Amount
Issued
11
10
15
3
2
79
55
4
4
441
7
180
177
150
5
1
237
25
6
12
16
80
43
26
_
100
100
100
100
Retired
Total outstanding
end of month
_
_
_
_
_
_
_
_
_
_
_
_
_
-
_
_
_
_
_
_
200
200
_
_
-
_
_
_
_
_
_
_
_
_
55
40
890
26
135
216
15
40
200
23
16
13
13
850
4
55
22
51
10
24
27
23
4
40
8
13
61
10
4
15
890
26
20
11
221
135
15
5
40
32
4
24
8
23
16
32
19
31
13
13
22
7
850
28
11
-
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
>21,363
51
June 1975
P U B L IC D E B T O P E R A T IO N S
T a b le P D O -8 . - F o re ig n S e r ie s S e c u r itie s (N o n m a rk e ta b le )
Issu ed to O ffic ia l In s titu tio n s o f Foreign C ou n tries—C on tin u ed
(Payable in U.S. dollars; dollar amounts in millions)
Month of
activity
Bills
1975-Mar.
Certificates of indebtedness
B ills
Apr.
Issue
date
Securities
Certificates of indebtedness
f
Maturity
date
3/5/75
3/5/75
3/5/75
3/17/75
6/5/75
9/4/75
12/16/75
6/19/75
9/5/74
9/5/74
11/6/74
12/16/74
12/19/74
12/19/74
1/10/75
2/21/75
3/3/75
3/3/75
3/3/75
3/3/75
3/4/75
3/5/75
3/6/75
3/6/75
3/6/75
3/7/75
3/12/75
3/13/75
3/13/75
3/18/75
3/19/75
3/19/75
3/19/75
3/27/75
3/6/75
3/6/75
3/6/75
3/17/75
3/19/75
3/19/75
4/10/75
3/5/75
6/3/75
6/3/75
6/3/75
6/3/75
6/4/75
6/5/75
9/4/75
6/6/75
9/4/75
6/6/75
6/12/75
6/13/75
6/13/75
6/18/75
6/19/75
6/19/75
6/19/75
6/27/75
4/9/75
4/15/75
4/17/75
4/17/75
4/21/75
4/24/75
4/30/75
7/10/75
7/17/75
7/17/75
7/17/75
7/24/75
10/23/75
10/30/75
10/9/74
10/31/74
12/31/74
12/31/74
1/2/75
1/6/75
1/8/75
1/8/75
1/9/75
1/10/75
1/10/75
1/13/75
1/15/75
1/17/75
1/17/75
1/17/75
1/21/75
1/22/75
1/23/75
1/23/75
1/24/75
1/24/75
1/27/75
1/28/75
1/29/75
1/31/75
2/3/75
2/5/75
2/5/75
2/6/75
2/7/75
2/10/75
2/11/75
2/11/75
2/13/75
2/18/75
2/18/75
2/21/75
2/26/75
2/27/75
2/28/75
2/28/75
3/3/75
3/3/75
3/3/75
3/4/75
3/5/75
3/6/75
4/9/75
4/30/75
4/1/75
4/1/75
4/2/75
4/7/75
4/8/75
4/8/75
4/9/75
4/10/75
4/10/75
4/14/75
4/15/75
4/17/75
4/17/75
4/17/75
4/21/75
4/22/75
4/23/75
4/24/75
4/24/75
4/24/75
4/28/75
4/28/75
4/29/75
4/30/75
5/2/75
5/5/75
5/5/75
5/6/75
5/7/75
5/9/75
5/12/75
5/12/75
5/13/75
5/20/75
5/20/75
5/21/75
5/27/75
5/27/75
5/28/75
5/28/75
6/3/75
6/3/75
6/3/75
6/4/75
6/5/75
6/6/75
Interest
rate
(Percent)
Issued
Retired
Total outstanding
end o f month
200
200
200
903
9.88
9.88
7.65
7.20
7.05
7.05
6.70
4.35
5.45
5.45
5.45
5.45
5.65
5.65
6.01
5.65
5.55
5.65
5.65
5.65
5.65
5.40
5.40
5.40
5.40
5.55
100
1,000
82
890
19
7
25
8
7
57
21
20
24
1
1,000
6
82
2
9
13
6
9
17
19
7
2
80
447
182
182
126
248
80
7.75
7.90
7.15
7.15
7.15
7.15
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.70
6.40
6.40
6.40
6.40
6.40
6.40
6.40
5.60
5.60
5.60
5.60
5.70
5.70
5.70
5.70
5.70
5.80
5.80
5.80
5.40
5.40
5.40
5.45
5.45
5.45
5.45
5.45
5.45
5.45
5.65
5.65
5.65
79
80
3
15
11
10
15
3
2
4
30
4
441
180
7
177
150
5
1
237
6
25
12
16
43
26
4
24
10
4
8
10
26
4
11
4
40
12
19
7
11
21
21
57
7
24
1
6
21,997
Treasury Bulletin
52
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonm arketable)
Issued to O fficia l Institutions o f Foreign C ountries—Continued
______________(Payable in U.S. dollars; dollar amounts in millions)
Issue
date
Maturity
date
3/7/75
3A9/75
4A /7 5
4A /75
4/2/75
4/7/75
4/8/75
4A0/75
4A7/75
4/24/75
4/28/75
4/29/75
4/30/75
6/6/75
6A9/75
Notes
1/24/74
4A /7 5
4/24/75
4A/82
^Bills
5/12/75
5/12/75
5/15/75
5/29/75
5/29/75
8/14/75
2/04/75
2/04/75
2/05/75
2/05/75
2/06/75
2/07/75
2/07/75
2/10/75
2/11/75
2/11/75
2A3/75
2A3/75
2/14/75
2/14/75
2A4/75
2/14/75
2A4/75
2/18/75
2/18/75
2/20/75
2/21/75
2/21/75
2/24/75
2/26/75
2/26/75
2/26/75
2/27/75
2/27/75
2/27/75
5/05/75
5/05/75
5/05/75
5/06/75
5/06/75
5/07/75
5/07/75
5/09/75
5/12/75
5/12/75
5/13/75
5/15/75
5/14/75
5/14/75
5/14/75
5/14/75
5/14/75
5/19/75
5/20/75
5/20/75
5/21/75
5/21/75
5/23/75
5/27/75
5/27/75
Month of
activity
Securities
2 /2 8 /7 5
May.
3/03/75
4/01/75
< Certificates of indebtedness
7 /7 /7 5
7 /8 /7 5
7/10/75
7 /1 7 /7 5
7/24/75
7/28/75
7/29/75
7/30/75
5 /2 7 /7 5
5 /2 7 /7 5
5 /2 7 /7 5
5/27/75
5/28/75
6 /0 3 /7 5
5 /1 5 /7 5
8 /1 5 /7 5
5/20/75
5/20/75
5/23/75
8/20/75
8/20/75
8/22/75
5 /2 3 /7 5
8 /2 2 /7 5
5/23/75
8/22/75
8/27/75
8/27/75
8/27/75
8/27/75
8/27/75
5 /2 7 /7 5
5 /2 7 /7 5
5 /2 7 /7 5
s 5/27/75
Source: Bureau of the Public Debt.
7 /2 /7 5
7/01/75
8/01/75
8/05/75
8/05/75
8/06/75
8/06/75
8/06/75
8/07/75
8/07/75
8/08/75
8/12/75
8/12/75
8/12/75
8/12/75
8/13/75
8/14/75
8/14/75
8/14/75
8/14/75
8/14/75
8/14/75
8/14/75
8A 4/75
5 /0 2 /7 5
f
7 /1 /7 5
5/05/75
5/05/75
5/06/75
5/06/75
5/06/75
5/07/75
5/07/75
5/09/75
5/12/75
5/12/75
5/12/75
5/12/75
5/13/75
5/14/75
5/14/75
5A4/75
5/14/75
5/14/75
5/14/75
5/15/75
5A5/75
5 /2 7 /7 5
Notes
7 /1 /7 5
4/25/74
5/27/75
5 /2 7 /7 5
5 /2 7 /7 5
5/29/75
5/29/75
5/29/75
7/24/75
3/27/77
4/27/77
5/27/77
12/28/76
1 /2 8 /7 7
2 /2 8 /7 7
Interest
rate
(Percent)
5.65
5.40
5.60
5.60
5.60
5.60
6.05
6.05
5.55
5.65
5.65
5.75
5.75
Amount
Issued
Retired
Total outstanding
end of month
3
15
11
10
15
4
7
25
29
17
26
241
902
902
227
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.70
5.80
5.80
5.80
5.80
5.80
5.80
5.80
5.80
5.80
5.40
5.40
5.40
5.40
5.40
5.40
5.45
5*45
5.45
5.45
5.45
5.45
5.45
5.45
5.60
5.75
5.75
5.75
5.35
5.35
5.35
5.35
5.35
5.35
5.35
5.35
5.35
5.35
5.20
5.20
5.20
5.20
5.20
5.20
5.20
5.20
5.20
5.20
5.15
5.15
5.15
5.15
5.15
5.20
5.20
5.20
5.20
5.20
8.40
6.90
6.90
7.00
6.65
6.65
6.90
7
73
55
27
23
22
55
51
27
23
13
40
61
15
890
20
221
70
20
10
35
15
5
32
24
16
11
32
28
2
13
850
22
13
7
8
3
13
40
61
7
7
3
15
20
70
20
10
35
4
15
4
26
14
32
24
32
3
19
28
22
46
9
15
200
260
300
300
300
300
300
)
21,904
53
June 1975
PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Dollar amounts in millions)
Amount
(Dollar equivalent)
Month o f
a ctivity
Payable
in ~
Securities
francs
f Swiss
Swiss francs
Issue
date
Maturity
date
Interest
rate
(percent)
Issued
111
Notes
7/21/72
1/19/73
7/3/72
3.50
4.375
5.28
114
German marks
1/21/72
7/21/72
7/3/67
Aug..
C ertificates of indebtedness
Swiss francs
Swiss francs
2/4/72
8/4/72
8/4/72
2/2/73
3.625
4.25
57
Sept,
Notes
Swiss francs
Swiss francs
6/1/71
9/1/72
9/1/72
11/30/73
5.15
5.50
29
Oct.,
Notes
German ma-rlca
( Swiss francs
Swiss francs
4/1/68
7/6/71
10/6/72
10/2/72
10/6/72
1/7/74
5.73
6.15
5.70
59
Nov..
Notes
r Swiss
/ Swiss
| Swiss
vSwiss
8/6/71
8/19/71
11/6/72
11/20/72
2/6/74
2/20/74
6.35
5.65
5.40
5.25
6.25
5.45
5.55
5.50
5.47
285
26
1972-July,
Dec.
{
C ertificates o f indebtedness
Notes
I
Feb.
12/22/72
12/11/72
12/13/72
3/11/74
3/13/74
Swiss francs
Swiss francs
7/21/72
1/19/73
1/19/73
7/19/73
4.375
5.25
114
2,001
153
57
1,850
28
31
1,852
153
275
26
1,710
114
10/8/71
10/29/71
1/8/73
1/29/73
1/8/73
1/29/73
4/8/74
4/29/74
5.25
4.85
5.70
6.00
35
45
C ertificates o f indebtedness
Swiss francs
\ Swiss francs
8/4/72
2/2/73
2/2/73
8/2/73
4.25
5.75
57
Notes
German marks
8/19/69
2/19/73
3.05
Notes
Swiss francs
Swiss francs
12/9/71
3/9/73
3/9/73
6/7/74
4.80
6.625
129
Swiss francs
\ Swiss francs
1/19/73
2/2/73
7/19/73
8/2/73
5.25
5.75
10
5
German marks
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
10/2/69
8/27/71
5/18/72
5/30/72
9/1/72
10/6/72
11/6/72
11/20/72
12/11/72
12/13/72
1/8/73
1/29/73
10/2/73
8/27/73
8/20/73
8/30/73
11/30/73
1/7/74
2/6/74
2/20/74
3/11/74
3/13/74
4/8/74
4/29/74
2.051
5.67
4.77
4.55
5.50
5.70
5.40
5.25
5.50
5.47
5.70
6.00
19
46
4
4
3
6
3
3
26
2
3
4
francs
francs
francs
francs
1/5/72
1/17/72
4/5/73
4/17/73
4/5/73
4/17/73
7/5/74
7/17/74
4.50
4.15
6.93
6.70
29
170
Swiss francs
t Swiss francs
1/19/73
7/19/73
7/19/73
1/18/74
5.25
6.125
127
2/2/73
8/2/73
5.75
62
391
37
383
r?
Notes 2 /
Certificates o f indebtedness
Aug.
Notes
Nov.
28
francs
francs
francs
francs
C
C ertificates o f indebtedness
Oct.
Swiss
Swiss
A Swiss
V.Swiss
2,000
29
32
9/10/71
9/13/71
12/11/72
12/13/72
6/ 24/68
Notes
Notes
C ertificates o f indebtedness
1974-Jan.
Notes
Footnotes at end of table.
C Swiss
J Swiss
\ Swiss
IjSwiss
j
Swiss francs
11/
8/27/73
8/20/73
8/30/73
11/1/74
11/20/74
U / 2 7 /7 4
11/29/74
German marks
3/3/72
10/2/73
2.051
33
127
9/1/72
11/30/73
11/30/73
2/28/75
Swiss francs
Swiss francs
7/19/73
1/18/74
1/18/74
7/18/74
6.125
8.05
Swiss francs
U
\jSwiss francs
10/6/72
1/7/74
1/7/74
4/7/75
5.70
7.07
(
57
1,561
154
1,578
1, 743
124
francs
francs
francs
francs
francs
francs
francs
/Swiss francs
\Swiss francs
1,713
25
148
5.67
4.77
4.55
8.70
8.25
8.125
8.20
5.50
6.98
33
43
111
8/27/71
5/18/72
5/30/72
8/2/73
8/20/73
8/27/73
8/30/73
fSwiss
Swiss
J Swiss
( Swiss
I Swiss
Swiss
(jSwiss
1,999
56
J
Notes
July.
11/20/74
Total outstanding
end o f month
76
Notes
C ertificates o f indebtedness 2 /
Apr.
1 1 /6 /7 2
[ German marks
I Swiss francs
Swiss francs
Swiss francs
Swiss francs
Certificaxes oi indebtedness
1973-Jan.
francs
francs
francs
francs
Retired
1,746
1,758
64
38
400
38
172
32
127
1,588
65
67
54
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Dollar amounts in millions)
Month o f
a ctivity
Payable
in —
Securities
Issue
date
Maturity
date
Interest
rate
(percent)
Amount
(Dollar equivalent)
Issued
1974-Feb.
Notes
f Swiss francs
J Swiss francs
\ Swiss francs
Swiss francs
13/06/72
11/20/72
2/06/74
2/20/74
2/06/74
2/20/74
5/06/75
5/20/75
5.40
5.25
6.60
6.60
Mar.
Notes
f Swiss francs
/ Swiss francs
S Swiss francs
Swiss francs
12-11-72
12-13-72
3-11-74
3-13-74
3-11/74
3-13-74
6-11-75
6-13-75
5.50
5.47
7.15
7.25
francs
francs
francs
francs
francs
francs
1-08-73
1-08-73
1-29-73
4-08-74
4-08-74
4-29-74
4-08-74
4-08-74
4-29-74
7-08-75
7-08-75
7-29-75
5.70
5.70
6.00
8.40
8.60
24
15
50
Notes
Swiss francs
Swiss francs
3-09-73
6-07-74
6-07-74
9-08-75
6.625
8.35
129
Certificates o f indebtedness
Swiss francs
Swiss francs
1-18-74
7-18-74
7-18-74
1-20-75
8.05
7.90
127
29
170
Apr.
June.
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Notes
July.
8.4 0
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
francs
francs
francs
8-02-73
8-20-73
8-27-73
8-30-73
11-01-74
11-20-74
11-27-74
11-29-74
11-01-74
11-20-74
11-27-74
11-29-74
2-02-76
2-20-76
11-26-75
3-01-76
8.70
8.25
8.125
8.20
7.94
7.30
7.35
7.30
C ertificates of indebtedness
Swiss francs
7/18/74
1/20/75
7.90
Notes
Swiss francs
1/20/75
4/20/76
6.97
127
Feb.
Notes
Swiss francs
Swiss francs
11/30/73
2/28/75
2/28/75
5/28/76
6.98
6.10
33
Apr.
Notes
Swiss francs
SwTss francs
1/7/74
4''7/75
4/7/75
7/7/76
7.07
0 .8 8
67
May.
Notes
2/06/74
2/20/74
5/06/75
8/20/75
5/06/75
5/20/75
8/06/76
8/20/76
6.60
6.60
6.80
6.40
33
36
)
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
Source: Bureau of the Public Debt.
1 / The principal amount of this note was increased $1 m illion to compen
sate fo r a lower interest cost than was anticipated when the note was
2/
23
14
49
1,599
1,599
127
6.93
6.70
8.55
8.40
1975-Jan.
1,597
129
7-05-74
7-17-74
10-06-75
10-17-75
Notes
311
29
318
30
4-05-73
4-17-73
7-05-74
7-17-74
Nov.
1,589
33
36
francs
francs
francs
francs
Notes
Total outstanding
end o f month
32
35
Swiss
)
Swiss
\ Swiss
V* Swiss
r
Retired
29
170
1,599
64
38
400
38
64
38
400
38
)
1,599
127
33
67
33
36
revalued in 1970.
Dollar value of securities increased to r e fle c t market exchange rates
as o f February 12, 1973.
55
June 1975
.UNITED STATES SAVINGS BONDS.
S e r ie s E and S e r ie s H
r e n tly s o ld .
S e r ie s E has
and S e r ie s H has been on
A -D
S e r ie s
a re th e o n ly s a v in g s bonds cu r
A p r il 30, 1957.
b een on s a l e s i n c e May 1, 1941,
in te r e s t y ie ld s ,
s a l e s in c e June 1 , 1 9 5 2.
w ere s o ld from March 1 , 1935
F and G w ere s o l d
3 0 , 1952.
S e r ie s
th rou gh A p r i l 3 0 ,
from May 1 , 1941
194-1.
th rou gh A p r il
S e r ie s J and K w ere s o l d from May 1 , 1952
th rou gh
D e t a ils o f th e p r i n c i p a l changes in i s s u e s ,
m a t u r it ie s , and o t h e r term s appear i n th e
T reasu ry B u lle t in s o f A p r i l 1951, May 1952, May 1957, O cto b e r
and December 1959,
Septem ber
May and
O cto b e r 1961,
1970; and th e Annual
June 1968,
and
R e p o r t o f th e S e c r e t a r y o f
th e T rea su ry f o r f i s c a l y e a r s 1966 th rou gh 1 9 7 4 .
Table SB-1. - Sales and Redemptions by Series, Cumulative through May 31, 1975
(In millions o f dollars)
Amount outstanding
Series
Series
Series
Series
Series
Accrued
discount
Sales plus
accrued
discount
Redemptions 1 /
3,949
178,741
28,396
3,556
1,054
43,051
1,125
198
5,003
221,791
29,521
3,754
4,999
156,698
29,502
3,749
65,094
214,641
44,428
260,069
194,948
65,094
Sales 1 /
A-D 2 /.,
E and H,
F and G,
J and K,
Total A-K........
Interestbearing debt
Matured
non-interestbearing debt
19
5
~ W ~
Table SB-2. - Sales and Redemptions by Periods, All Series Combined
Amount outstanding
Redemptions i /
Period
Fiscal years:
1935-64.....................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971...........................
1972...........................
1973...........................
1974.’ .........................
Calendar vears:
1935-64.....................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971...........................
1972...........................
1973...........................
1974...........................
Months:
1974-May...................
June.................
July.................
Aug...................
Sept.................
Oct...................
Dec...................
1975-Jan...................
Feb...................
Mar...................
Apr...................
May...................
Sales
Accrued
discount
y
VIU
iiq
UC^Lpq
CO t
^X
O
accrued
discount
Total
Sales
Price
2 /
Accrued
discount
2 /
Interestbearing debt
Matured
non-interestbearing debt
156,519
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,940
6,514
6,429
22,727
1,517
1,554
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
5,982
6,339
6,748
5,425
5,338
5,586
6,681
117,782
4,488
4,792
4,971
4,978
5,237
5,508
4,342
4,306
4,494
5,366
12,025
858
932
951
1,003
1,102
1,240
1,083
1,032
1,092
1,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
53,003
55,921
59,418
61,921
139
110
95
88
82
82
55
46
39
34
29
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
889
957
951
1,040
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
141
164
126
112
64
50
42
37
31
26
583
636
797
878
520
616
414
496
30
29
853
821
768
822
792
726
592
666
574
543
461
523
474
533
458
436
367
425
106
119
117
132
116
107
94
98
61,658
61,921
541
574
509
558
550
447
214
242
312
247
259
265
242
279
62,183
62,339
62,533
62,811
63,144
63,349
29
28
745
592
554
602
589
298
256
267
280
256
1,043
666
536
486
523
482
132
126
108
113
103
63,725
64,036
64,371
64,730
65,094
26
28
28
28
27
Footnotes at end of Table SB-4.
.
848
821
882
845
534
410
378
410
379
28
29
28
26
Treasury Bulletin
56
_________________ UNITED STATES SAVINGS BONDS------------------------Table SB-3. Sales and Redemptions by Periods, Series E through K
(In millions o f dollars)
Period
Sales 1 /
Accrued
discount
Amount outstanding
Redemptions 1 /
Sales plus
accrued
discount
Total
Sales
price
Accrued
discount
2 /
Interest-beal*ing
debt
2 /
Matured
non-interestbearing debt
Series E and H combined
Fiscal years*.
1941-64.............................
1965...................................
1966...................................
1967...................................
1968...................................
1969...................................
1970...................................
1971...................................
1972...................................
1973...................................
1974...................................
Calendar years:
1941-64.............................
196*...................................
1966...................................
1967...................................
1968...................................
1969...................................
1970...................................
1971...................................
1972...................................
1973...................................
1974...................................
_
_
_
_
_
_
_
120,619
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939
6,514
6,429
20,389
1,502
1,542
1,619
1,731
1,788
1,841
2,056
2,310
2,564
2,749
141,008
6,045
6,192
6,584
6,470
6,337
6,291
7,138
8,249
9,078
9,178
93,271
4,987
5,305
5,449
5,715
6,198
6,721
5,416
5,331
5,581
6,675
83,359
4,154
4,408
4,536
4,739
5,112
5,484
4,334
4,294
4,490
5,361
9,912
833
897
913
976
1,086
1,237
1,082
1,037
1,091
1,314
47,737
48,795
49,682
50,817
51,572
51,711
51,281
53,003
55,921
59,418
61,921
122,815
4,486
4,860
4,898
4,696
4,393
4,665
5,477
6,236
6,270
6,862
21,136
1,514
1,580
1,680
1,757
1,832
1,909
2,192
2,426
2,673
2,994
143,951
6,000
6,440
6,578
6,452
6,224
6,574
7,669
8,662
8,943
9,856
95,585
5,117
5)477
5,439
5,915
6,565
6,281
5,237
5,359
6,206
6,824
85,306
4,254
4,561
4,519
4,898
5,391
5,060
4,217
4,311
4,972
5,471
10,279
863
916
919
1,017
1,173
1,221
1,020
1,049
1,234
1,353
48,366
49,249
50,212
51,352
51,890
51,549
51,842
54,275
57,579
60,317
63,349
583
636
214
242
797
878
519
615
414
496
106
119
61,658
61,921
853
821
768
822
792
726
591
666
574
544
460
521
474
533
458
437
366
423
117
132
116
107
94
98
62,183
62,339
62,533
62,811
63,144
63,349
1,043
666
537
486
523
482
534
412
378
410
379
132
126
108
113
103
63,725
64,036
64,371
64,730
65.094
_
1,563
1,248
856
397
140
_
_
_
-
127
99
86
80
75
76
49
41
34
30
25
1,368
1,075
540
229
27
_
_
_
_
-
147
131
155
118
105
58
44
37
32
27
22
25
25
Months:
1974-May...........................
June.........................
Sept.........................
Oct...........................
Nov...........................
Dec...........................
541
574
509
558
550
447
312
247
259
265
1975-Jan...........................
Feb...........................
Mar...........................
Apr...........................
May...........................
745
592
554
602
589
298
256
267
280
256
July.........................
242
279
848
821
882
845
'
-
_
_
_
_
_
_
_
_
-
_
-
_
_
_
_
_
-
_
-
Series F, G, J, and K combined 4 /
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...................................
_
-
1,284
15
12
8
4
1
-
33,235
15
12
8
4
1
-
31,736 5 /6 /7/8 /
358 2 /
418 2 /
472
266
140
27
8
6
5
5
30,373
333
384
434
239
124
24
7
5
4
4
1,172
24
35
38
27
16
3
1
1
1
1
31,951
_
-
1,291
14
10
6
2
*
-
33,242
14
10
6
2
*
-
31, 1
30,544
297
481
322
195
65
11
6
5
4
4
1,184
26
40
32
23
9
2
1
1
1
1
*
1
*
1
-1
1
2
*
-1
*
*
*
*
*
*
*
*
*
*
_
_
-
*
*
*
*
*
_
*
*
31,951
-
Months:
1974-J^ay...........................
June.........................
July.........................
Aug...........................
Sept.........................
Oct...........................
Nov...........................
Dec...........................
1975-Jan...........................
Feb...........................
Mar......................... ..
May...........................
Footnotes at end of Table SB-4.
*
*
_
-
_
-
*
*
_
-
2 % 2 /6 /2 /& /
323 2 /
522
353
218
74
13
7
5
5
5
*
1
*
1
-1
1
2
*
-1
*
*
*
‘
25
24
24
25
24
22
22
24
24
24
24
June 1975
_____________________________________ UNITED STATES SAVINGS BONDS________________________
Table SB-3. - Sales and Redemptions by Periods, Series E through K—Continued
(In millions of dollars)
Period
Sales 1 /
Accrued
discount
Sales plus
accrued
discount
Redemptions 1 /
Total
Sales
price
2 /
Accrued
discount
2 /
Exchange of
E bonds fo r
H bonds
Amount
outstanding
(interestbearing debt)
Series E
Fiscal vears:
1941-64...............................
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
197 3
197 4
Calendar years:
1941-64...............................
196 5
196 6
............................
196 7
196 8
196 9
197 0
197 1
197 2
197 3
197 4
Months:
111,750
4,112
4,246
4,599
4,466
4,343
4,289
4,870
5,650
6,190
6,145
20,389
1,502
1,542
1,619
1,731
1,788
i,8 a
2,056
2,310
2,564
2,749
132,139
5,614
5,787
6,217
6,196
6,131
6,130
6,926
7,960
8,755
8,894
90,943
4,538
4,801
4,895
5,154
5,548
5.959
4.959
4,972
5,209
6,156
81,031
3,705
3,904
3,982
4,178
4,462
4,722
3,877
3,932
4,118
4,842
9,912
833
897
913
976
1,086
1,237
1,082
1,037
1,091
1,314
1,006
188
212
216
196
184
210
231
292
338
310
40,190
a , 078
a , 853
42,959
43.805
44,205
44,167
45,902
48,598
51.806
54,234
113,734
4,092
4,450
4,574
4,452
4,221
4,503
5,218
5,922
5,988
6,524
21,136
1,514
1,580
1,680
1,757
1,832
1,909
2,192
2,426
2,673
2,994
134,870
5,606
6,031
6,255
6,209
6,052
6,412
7,411
8,348
8,661
9,518
93,036
4,650
4,913
4,941
5,300
5,835
5,626
4,871
5,007
5,740
6,318
82,756
3,787
3,997
4,022
4,283
4,661
4,405
3,851
3,958
4,507
4,965
10,280
863
916
919
1,017
1,173
1,221
1,020
1,049
1,234
1,353
1,095
190
224
207
191
180
228
249
329
319
310
40,739
41.504
42,398
43.504
44,222
44,259
44,818
47,108
50,120
52,723
55,613
1974-May.............................
559
608
214
242
773
850
480
569
106
119
24
26
July...........................
Aug.............................
Sept...........................
Oct.............................
Nov.............................
Dec.............................
516
538
491
515
524
433
708
563
525
577
568
312
247
259
265
242
279
298
256
267
280
256
828
785
750
780
766
712
546
615
526
500
424
491
628
503
450
490
452
375
449
428
483
a i
392
331
393
496
377
342
377
349
117
132
116
107
94
98
27
24
22
26
20
21
131
126
108
113
103
32
24
29
53,979
54,234
54,490
54,636
54,837
55,091
55,a 2
55,613
55,961
56,253
56,566
9
W
1975-Jan.............................
Feb.............................
Mar.............................
Apr.............................
1,007
819
792
857
824
M
Series H
r'iscai vears:
1952-64...............................
1965....................................
1966.....................................
1967.....................................
1968.....................................
1969.....................................
1970.....................................
1971.....................................
1972.....................................
1973.....................................
1974.....................................
Calendar vears:
1952-64...............................
1965.....................................
1966.....................................
1967.....................................
1968....................................
1969....................................
1970....................................
1971....................................
1972....................................
1973....................................
1974....................................
Months:
8,869
431
404
367
273
207
160
-
8,869
431
404
367
273
207
160
289
289
284
-
9,081
394
ao
324
244
172
162
259
314
282
338
_
-
23
28
_
.
212
322
1974-May.............................
S ept..........................
Oct.............................
Nov.............................
1975-Jan.............................
Feb.............................
Mar.............................
Apr.............................
May................
Footnotes at end of Table SB-4.
25
36
18
42
27
14
35
29
29
25
22
-
_
2,329
449
504
553
561
650
762
457
359
372
519
2,329
449
504
553
561
650
762
457
359
372
519
9,081
394
ao
324
244
172*
162
259
314
282
338
2,549
467
564
497
615
730
655
2,549
467
564
497
615
730
655
353
465
506
353
465
506
23
28
39
46
39
46
25
36
18
42
27
14
35
29
29
25
22
46
50
47
44
35
30
46
50
47
44
35
30
38
35
36
38
35
36
33
30
212
322
284
366
V
30
366
-
_
_
_
-
.
.
-
1,006
188
212
216
196
184
210
231
292
338
310
7,546
7,716
7,829
7,858
7,766
7,506
7,114
7,101
7,323
7,612
7,686
_
_
_
_
_
_
_
-
1,095
190
224
207
191
180
228
249
329
319
310
7,627
7,744
7,815
7,848
7,668
7,290
7,025
7,167
7,458
7,594
7,736
-
24
26
7,679
7,686
27
24
20
21
7,692
7,703
7,696
7,720
7,732
7,736
32
24
29
29
30
7,765
7,783
7,805
7.826
*/,848
-
-
22
26
58
Treasury Bulletin
____________________ UNITED STATES SAVINGS BONDS__________________
Table SB-4.
[Redemptions of Matured and Unmatured Savings Bonds
(In millions o f dollars)
Matured
Period
Unmatured
Unclassified1
Total
Total
Series E
and H
I
Other
Total
Series E
and H
33,322
3,778
4,641
3,358
3,070
2,951
3,088
3,284
3,300
3,351
3,401
3,566
3,842
3,660
3,317
3,393
3,847
25,119
3,235
3,285
3,075
2,875
2,812
2,948
3,165
3,196
3,273
3.376
3,560
3,842
3,660
3,317
3,393
3,847
8,203
543
1,356
283
196
139
140
118
104
79
25
6
-
32,408
4,520
3,938
3,100
3,002
3,031
3,157
3,287
3,384
3,413
3,455
3,726
3,885
3,305
3,337
3,578
3,789
24,568
3)445
3,114
2,899
2,827
2,905
3,026
3,176
3,277
3,370
3,441
3,724
3,885
3,305
3,337
3,578
3,789
7,840
1,075
825
201
175
125
131
111
107
44
13
2
-
590
-449
-239
-60
213
-52
-76
6
144
-7
26
228
-431
-83
-24
123
417
_
-
-14
88
Fig<?al rearg:
1951-58....................................
1959..........................................
1960..........................................
1961..........................................
1962..........................................
1963..........................................
1964..........................................
1965..........................................
1966..........................................
1967..........................................
1968..........................................
1969..........................................
1970..........................................
1971..........................................
1972..........................................
1973..........................................
1974..........................................
55,981
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
5,586
6,681
22,167
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
2,471
2,548
2,560
2,792
2,490
2,043
2,126
2,729
10,975
1,996
2,304
1,733
1,668
1,593
1,754
1,938
1,973
2,059
2,289
2,417
2,762
2,481
2,036
2,121
2,724
11,190
1,625
Calendar years;
1951-58....................................
1959..........................................
1960..........................................
1 9 6 1 ...:...................................
1962..........................................
1963..........................................
1964..........................................
1965..........................................
1966..........................................
1967..........................................
1968..........................................
1969..........................................
1970..........................................
1971..........................................
1972..........................................
1973..........................................
1974..........................................
56,300
8,772
6,732
5,595
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
5,244
5,365
6,210
6,833
23,301
4,701
3,033
2,555
2,387
2,043
2,171
2,148
2,472
2,386
2,652
2,686
2,841
2,022
2,053
2,508
2,627
11,763
2,433
1,944
1,633
1,656
1,617
1,889
1,932
2,080
2,041
2,443
2,601
2,827
2,014
2,047
2,505
2,622
11,539
2,268
1974-May...................................
June.................................
519
616
220
213
220
212
*
1
314
314
314
314
July.................................
592
666
574
543
461
523
666
536
486
523
482
187
246
180
237
223
149
187
245
181
238
222
149
-
1
*
-1
*
*
233
382
272
313
381
210
233
382
272
313
381
210
213
202
245
265
233
213
2Q3
244
265
233
*
ll
*
351
305
351
305
333
431
291
1,82 2
y
940 2 /
925 g /
657 2 /
304
246
280
412
260
143
29
9
7
5
5
y
1,0 8 9 y 2/
922 2 / y
730 y § /
426 2 /
282
216
391
345
209
84
15
8
6
3
5
‘
w
Other
-
-
-
-
492
-150
-210
-212
53
73
19
-121
172
99
33
213
115
-725
-23
67
104
Months:
Oct..................................
1975-Jan...................................
Feb...................................
Source: Monthly Statement o f the Public Debt of the U.S.; O ffice o f Market
Analysis, United States Savings Bonds Division.
Note: In these tables sales o f Series A-F and J bonds are included at issue
price, and redemptions and amounts outstanding at current redemption
value. Series G,H, and K are included at face value throughout.
Matured bonds which have been redeemed are Included in redemptions.
Matured J and K bonds outstanding are included in the interest-bearing
debt u ntil a ll bonds o f the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1 / Sales and redemption figures include exchanges o f minor amounts o f ( l)
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957; (2) Series F and J bonds for Series H bonds beginning
January I960; and (3) U.S. savings notes for Series H bonds beginning
January 1972; however, they exclude exchanges o f Series E bonds for
Series H bonds, which are reported in Table SB-3.
2 / Details by series on a cumulative basis and by periods for Series A-D
combined w ill be found in the February 1952 and previous issues o f the
Treasury Bulletin.
2 / Because there is a normal lag in classifying redemptions, the distribu
tion o f redemption between sales price and accrued discount las been
estimated. Beginning with the Treasury Bulletin o f March 1961 the
*
*
U
5/
6/
2/
£/
2/
IQ /
*
m
431
291
_
-
_
_
-
_
-
-
170
38
121
-7
-143
I 64
102
29
-91
-173
-41
method of distributing redemptions between sales price and accrued
discount has been changed to r e fle ct the distribution shown in final
reports o f cla ssified redemption. A ll periods shown have been revised
on this basis.
Series F and G sales were discontinued April 30, 1952, and Series J
and K sales were discontinued April 30, 1957. Sales figures after
April 30, 1957, represent adjustments.
Includes exchanges o f Series 1941 F and G savings bonds for 3-1/4%
marketable bonds o f 1978-83.
Includes exchanges o f Series 1948 F and G bonds fo r 4-3/4% marketable
notes o f 1964.
Includes exchanges o f Series 1949 F and G bonds fo r 4 % marketable bonds
o f 1969.
Includes exchanges o f Series I960 F and G bonds fo r 3-7/8% marketable
bonds o f 1968.
Includes exchanges o f Series 1951 and 1952 F and G bonds fo r 3-7/8%
marketable bonds o f 1971 and 4% marketable bonds o f 1980.
Represents changes in the amounts o f redemptions not yet cla ssified
between matured and unmatured issues.
Less than $500,000.
June 1975
59
.UNITED STATES SAVINGS NOTES.
dem ption
U n ited S t a t e s s a v in g s n o t e ? w ere on s a l e May 1 , 1967
th ro u g h June 30, 1 9 7 0.
and in fo r m a tio n on in v e stm e n t y i e l d s o f s a v in g s
n o te s app ear i n
The n o te s w ere e l i g i b l e f o r p u rch a se
th e T reasu ry B u lle t i n s o f March 1967 and
b y in d iv id u a ls w ith th e sim u lta n eou s p u rch a se o f S e r ie s E
June 1968; and i n th e Annual R e p o r t o f th e S e c r e t a r y o f th e
s a v in g s b o n d s.
T reasu ry f o r f i s c a l y e a r 1 9 7 4.
The p r i n c i p a l term s and c o n d it io n s f o r p u rch a se and r e
Table SN-1. - Sales and iRedemptions byt Periods
Redemptions
Period
Fjff,cal_yearg:
1967...............................
1968...............................
1969...............................
1970...............................
1971...............................
1972...............................
1973...............................
1974...............................
Calendar years:
1967...............................
1968...............................
1969...............................
1970...............................
1971...............................
1972...............................
1973...............................
1974...............................
Months:
1974-May.......................
Aug.......................
Sales 1 /
Sales plus
accrued
discount
Total
Sales
price
2 J
Acci*ued
discount
Amount
outstanding
1
201
326
323
11
*
*
*
*
12
25
33
28
29
35
1
201
338
347
44
28
29
35
*
*
35
111
167
85
69
77
*
*
34
105
157
77
58
62
-
-
*
1
6
10
8
-11
14
203
505
742
619
561
519
477
80
277
348
160
-3
*
*
*
-
80
281
366
191
27
28
29
39
*
7
76
154
124
71
72
82
*
7
72
145
116
62
59
66
-
5
18
31
31
28
29
39
*
3
8
9
9
13
16
80
354
644
682
584
540
496
453
*
*
2
8
2
8
6
6
5
5
1
1
475
477
*
*
-3
2
2
2
2
13
2
2
2
2
2
-3
2
2
2
2
13
2
2
2
2
3
4
7
13
8
7
4
6
5
6
7
4
3
6
11
6
6
3
1
4
5
5
3
1
1
3
2
1
1
470
465
454
449
444
453
449
446
442
437
436
-
Dec.......................
*
*
*
1975-Jan.......................
Feb.......................
Mar.......................
Apr.......................
May.......................
*
*
*
1
Oct.......................
Accrued
discount
-
lfi%v\4Vk1
>r>-n+
4*Via
f%
o f Market Analysis, United States Savings Bonds Division.
1 / Sales were discontinued after June 30, 1970. Figures shown thereafter
represent adjustments.
O/
TT
January 1972.
Less than $500,000.
4
1
1
2
1
Treasury Bulletin
60
—........ ..■■—
...OWNERSHIP OF FEDERAL SECURITIES
Table OFS-1. - Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions o f dollars)
Interest-bearing public debt securities
End o f
fis c a l year
or month
Total
Federal
securities
outstanding
Government
account series
1/
Other
50,196
56,103
59,374
66,738
76,124
82,740
89,536
101,248
114,921
2,070
2,071
2,071
2,071
2,071
2,056
2,056
2,056
2,056
42,169
46,719
52,230
54,095
57,714
65,518
71,356
75,022
80,485
106,624
2,056
78,516
481,485
129,641
12,050
13,635
14,694
16,007
16,974
18,092
19,868
20,080
21,229
20,961
483,915
486,659
487,072
470,087
472,741
473,238
131,147
133,877
138,206
21,296
21,079
21,229
107,796
110,743
114,921
2,056
2,056
2,056
80,007
81,395
80,485
487,240
493,623
493,130
491,646
496,768
504,031
474,334
480,740
480,103 2 /
479,174
484,150
491,561
137,544
141,640
140,384r
138,421
139,029
141,207
21,425
21,388
21,444 r
21,534
21,489
21,390
114,063
118,196
116,885 2 /
114,832
115,485
117,761
2,056
2,056
2,056
2,056
2,056
2,056
78,103
81,008
81,035
79,351
80,998
80,500
505,482
510,748
520,702
527,745
493,128
498,661
508,581
515,752
139,017
139,755
138,458
138,017
21,373
20,887
20,806
20,495
115,588
116,812
115,596
115,466
2,056
2,056
2,056
2,056
81,344
81,086
81,418
87,845
1974-Apr........................................................
May........................................................
Mar........................................................
Marketable
Total
Interest-bearing public debt securities - Con.
Agency securities
Held by private Investors
End o f
fis c a l year
or month
Public
issues
held by
Federal
Reserve
banks
64,316
71,809
76,138
84,815
95,170
102,888
111,460
123,385
138,206
333,284
344,676
371,978
367,969
383,428
410,292
438,154
469,251
487,081
1975-Jan........................................................
Nonmarketable
315,431
322,286
344,401
351,729
369,026
396,289
425,360
456,353
473,238
467,827
1966...............................................................
1967...............................................................
1968...............................................................
1969...............................................................
1970...............................................................
1971...............................................................
1972...............................................................
1973...............................................................
1974...............................................................
1973-Dec........................................................
Oct........................................................
Held by U.S. Government accounts
Total
outstanding
Matured
public
debt
and debt
bearing
no interest
Total
outstanding
Held by
U.S. Government
accounts and
Federal Reserve
banks
Held by
private
investors
Total
Marketable
Nonmarketable
1966..........
196 7
196 8
196 9
197 0
197 1
197 2
197 3
197 4
1973-Dec..
208.946
203,758
216,032
212,819
216,142
227,883
242,545
257.947
254,548
154,909
150,318
159,668
156,006
157,911
161,863
165,978
167,869
164,862
54,037
53,440
56,363
56,814
58,231
66,020
76,566
90,078
89,686
4,476
3,935
3,178
1,991
1,893
1,841
1,901
1,788
1,822
13,377
18,455
24,399
14,249
12,510
12,163
10,894
11,109
12,021
468
2,010
3,001
2,846
2,553
2,251
2,170
2,156
2,152
259,670
170,747
83,923
2,071
11,587
2,107
12,909
16,445
21,398
11,403
9,956
9,911
8,724
8,953
9,869
9,480
1974-Apr.,
May.,
June
258,933
257,469
254,548
169,149
167,076
164,862
89,784
90,393
89,686
1,815
1,934
1,822
12,012
11,984
12,012
2,168
2,182
2,152
9,844
9,802
9,869
July
Aug.
Sept
Oct.
Nov.
Dec.
1975-Jan.
Feb.,
Mar.
Apr..
258,686
258,092
258,684r
261,402
264,123
269,854
272,767
277,820
288,705
289,890
169,254
169,715
170,129r
172,515
175,051
181,000
89,433
88,377
88,555r
88,887
89,072
88,853
89,351
89,966
90,940
91,028
1,011
1,052
1,364
1,051
1,214
1,104
1,012
1,049
1,078
989
11,895
11,831
11,664
11,422
11,404
11,367
2,137
2,160
2,212
2,115
2,167
2,193
9,758
9,671
9,454
9,307
9,237
9,174
11,343
11,037
11,042
11,004
2,131
2,104
2,099
2,101
9,212
8,933
8,943
8,903
1/
Z j
183,416
187,854
197,765
198,862
Change in heading re fle cts publication o f the Monthly Statement o f the
Public Debt o f the U.S. on July 31, 1974.
Figures do not re fle c t an additional $201 m illion in "Government
y
y
account series” . Figures not included in the Monthly Statement o f the
Public Debt".
For d eta il, see Table FD-6.
June 2975
61
nwMBBSHTP OF FEDERAL gwniTPTTTWig
Table OFS-2. - Estimated Ownership of Public Debt Securities by Private Investors
(Par values 1 / in b illio n s o f dollars)
Nonbank investors
End o f
month
Total
privately
held
Commer
c ia l
banks
2J
1939-Dec.....................
1946-Peb.....................
Dec.....................
1950-June...................
Dec.....................
1951-June...................
Dec.............
1952-June...................
Dec.....................
1953-June...................
Dec.....................
Individuals 3 /
Savings bonds
Total
Total
20.7
137.9
133.8
139.0
199.9
194.3
196.3
194.8
199.8
196.7
203.8
12.7
93.8
74.5
65.6
61.8
58.4
61.5
61.1
63.4
58.8
63.7
1954-June...................
Dec.....................
1955-June...................
Dec.....................
1956-June...................
Dec.....................
1957-June...................
Dec.....................
1958-June...................
Dec.....................
1959-June...................
Dec.....................
199.9
207.1
203.0
207.0
198.5
200.5
194.6
197.9
197.8
204.5
206.4
212.7
63.6
69.1
63.5
62.0
57.3
59.5
56.2
59.5
65.2
67.5
61.5
60.3
136.3
138.0
139.5
145.0
141.2
141.0
138.5
138.4
132.5
137.0
144.8
152.5
1960-June...................
Dec.....................
1961-June...................
Dec.....................
1962-June...................
Dec.....................
1963-June...................
Dec.....................
1964-June...................
Dec........ ............
1965-June...................
Dec.....................
206.7
210.0
208.0
214.8
214.3
219.5
218.2
220.5
218.3
222.5
217.1
220.5
55.3
62.1
62.5
67.2
65.1
67.1
64.3
64.2
60.2
63.9
58.2
60.7
151.4
148.0
145.5
147.7
149.2
152.3
153.9
156.3
158.2
158.6
158.9
159.8
1966-June...................
Dec.....................
1967-June...................
Dec.....................
1968-June...................
Dec.....................
1969-June...................
Dec.....................
1970-June...................
Dec.....................
213.4
219.2
207.7
222.4
219.2
228.5
54.8
57.4
55.5
63.8
59.7
66.0
55.3
56.8
52.6
62.7
61.0
65.3
60.9
67.7
158.7
161.8
152.2
158.7
159.5
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
81.2
168.7
182.6
183.6
194.8
75.4
73.2
73.2
73.9
200.9
201.4
201.0
202.1
204.3
204.0
205.0
203.2
75.9
77.3
33.4
2 3 1 .6
208.3
204.6
2 1 4 .8
1971-Jime...................
Dec.....................
1972-June...................
Dec.....................
222.0
218.0
229.9
229.7
247.9
244.4
262.5
1973-June...................
Sec.....................
259.7
261.7
1974-Jan.....................
Feb.....................
Mar.....................
Apr.....................
May.....................
261.2
261.1
263.8
260.7
259.4
256.4
58.8
60.3
60.2
59.0
59.5
56.8
54.4
53.2
July...................
Aug.....................
Sept...................
Oct.....................
Nov.....................
259.7
259.0
260.1
262.5
265.3
271.0
53.9
53.0
52.9
53.5
54.5
56.5
1975-Jan.....................
Feb.....................
273.8
278.9
289.8
290.9
5o.9
62.0
63.0
1 3 8 .0
13 6 .0
134.8
133.7
136.4
137.9
140.2
9.4
63.9
64.1
67.4
66.3
65.4
64 .6
6 4 .8
65.2
66.1
64.8
6 4.8
63.5
65.2
65.0
66.6
65.9
66.3
64.9
64.4
63.7
66.3
69.4
69.7
66.1
6 4.6
65.8
65.5
65.9
65.9
68.0
68.5
69.5
70.7
71.9
Series
E and H
3 0 .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
41.5
41.6
42.1
42.5
42.6
42.4
42.5
42.9
43.6
44.2
44.6
45.1
46.0
46.7
47.3
47.9
48.3
48.8
49.2
49.8
50.4
50.9
51.1
51.4
51.2
51.1
50.8
51.4
52.5
53.8
55.4
57.1
205.8
206.0
207.1
209.0
210.8
214.5
77.4
77.9
78.4
79.2
80.0
80.7
81.6
82.6
83.3
83.8
84.3
84.8
58.9
59.$
60.0
60.3
60.6
60.9
61.2
61.4
61.7
61.8
62.0
62.3
62.7
62.9
2X9.3
222.0
227.8
227.9
85.3
85.3
85.7
86.1
63.2
63.5
63.9
64.2
Source:
O ffice o f Debt Analysis in the O ffice o f the Secretary.
1 / United States savings bonds, Series A-F and J, are included at
current redemption value.
2J
Consists o f commercial banks, trust companies, and stock savings
banks in the United States and in T erritories and island poss
essions. Figures exclude securities held in trust departments.
Includes partnerships and personal trust accounts.
U
Exclusive o f banks and insurance companies.
5 / Consists o f the investments o f foreign balances and international
Other
Series
1.9
12.5
13.9
15.4
15.1
Z
Other
secu
r it ie s
7.5
2 0 .6
2 0 .0
Insurance
companies
5.7
24.4
24.9
19.8
18.7
17.1
16.4
15.7
16.0
16.0
15.9
12.1
11.7
10.9
10.2
9.4
8.7
7.6
6.6
5.9
5.2
4.5
3.5
17.6
16.7
16.3
15.5
15.7
16.0
16.8
15.4
15.2
13.6
15.0
14.8
16.3
15.8
17.2
16.7
16.4
16.0
19.3
23.5
3.1
2.7
2.5
2.2
2.1
1.9
1.6
1.5
1.3
1.2
1.0
.9
.7
.5
.3
.3
.4
.5
.6
.7
.8
.7
24.1
20.5
18.5
19.4
18.8
19.0
18.3
19.8
19.9
20.4
21.3
22.2
22.8
23.9
19.7
22.3
22.7
23.3
25.5
29.0
30.2
29.1
15.4
15.3
15.0
14.6
13.6
13.2
12.7
12.5
12.2
12.6
12.6
12.5
12.0
11.8
11.5
11.5
11.4
11.6
11.1
11.4
11.1
11.3
10.7
10.5
10.0
9 .9
9.0
9.0
8.5
8.4
8.1
7.6
7.2
7.4
.7
.6
.6
.6
22.2
18.8
17.2
16.2
7.0
7.0
6.7
6.6
.6
.5
.5
.5
.5
.5
.5
.5
16.4
16.9
16.9
17.1
17.3
17.8
18.3
18.8
.5
.5
.5
.5
.5
.5
.5
.5
.5
.5
1 4 .6
14.4
14.1
13.8
13.2
12.7
Mutual
sav
ings
banks
Corpora
tions £ /
2.7
2 .0
1 1 .1
1 1 .8
1 1 .6
10.9
19.9
15.3
18.4
19.7
1 0 .2
2 0 .1
9.8
9.6
9.5
9.5
9.2
20.7
18.8
19.9
18.6
21.5
9.1
8.8
8.7
8.5
8.3
8.0
7.9
7.6
7.4
7.2
7.3
6.9
6.6
6.2
6.3
6.1
6.2
6.0
6.0
5.6
5.8
5.5
5.6
5.3
5.0
4.6
4 .2
4.2
4.0
3.8
3.5
3.1
3.2
3.1
16.5
19.1
18.6
23.2
17.3
18.7
16.1
17.7
14.1
18.1
19.8
21.4
19.5
18.7
18.5
18.5
18.2
18.6
18.7
18.7
18.9
18.2
15.3
15.8
State
and
loca l
govern
ments
Foreign
and inter
national
5/
.4
6.7
6.3
8.7
2.4
8 .8
9.4
9.6
10.4
11.1
12.0
12.7
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
16.3
16.5
16.9
18.0
.2
2 .1
3.5
4.3
4.2
4.3
4.7
5.3
5.7
5.9
6.0
6.3
6.8
7.5
7.9
7.8
7.6
7.6
6.5
7.7
10.1
12.0
Other
investors
6/
.3
9.5
9.3
9.6
9.3
9.6
9.4
9.7
9.4
10.0
10.2
10.6
10.6
10.5
10.8
11.4
11.1
11.1
11.5
11.6
11.2
11.8
12.3
12.5
13.5
12.7
13.5
13.6
14.8
15.1
15.6
15.8
16.3
16.8
16.7
12.3
13.0
12.7
13.4
14.1
15.3
15.8
15.9
15.6
16.7
15.7
16.7
14.2
14.9
11.0
12.2
12.0
14.2
11.1
10.4
8.5
7.3
18.8
18.7
19.3
19.0
20.1
20.1
21.4
21.1
22.5
21.1
24.1
22.9
24.5
24.3
23.6
24.1
25.1
24.9
26.4
27.2
29.0
27.8
3.3
3.1
3.5
3.4
7.4
11.4
9.3
9.8
25.9
25.4
26.9
28.9
32.7
46.9
50.0
55.3
16.9
19.4
19.3
19.9
22.7
21.9
22.0
25.0
21.0
19.9
17.2
15.6
14.0
17.0
6.3
6.4
6.3
6.0
6.1
5.9
6.0
5.9
3.3
2.9
2.8
2.8
2.8
2.7
2.6
2.6
9.8
10.9
10.7
10.9
11.7
10.5
11.2
10.8
28.8
29.2
29.9
30.7
30.6
30.1
29.2
28.3
60.2
55.5
52.8
53.5
54.9
55.9
57.3
57.7
16.6
19.3
21.1
20.4
19.8
19.7
18.6
17.3
19.4
20.3
20.8
21.0
21.1
21.5
5.7
5.7
5.8
5.9
5.9
6.1
2.6
2.6
2.5
2.5
2.5
2.5
11.3
11.0
10.5
11.2
11.0
11.0
28.8
29.2
29.3
28.8
28.7
29.2
56.9
56.0
56.0
56.6
58.3
58.4
18.8
19.0
19.7
20.3
20.1
22.4
21.6
21.3
21.4
21.4
6.2
6.2
6.6
6.7
2.6
2.7
2.9
3.2
11.3
11.4
12.0
12.5
30.0
30.5
29.7
29.8
61.5
64.6
65.0
64.9
22.3
21.3
25.9
24.7
6/
2/
p
15.4
14.5
14.7
15.8
12.9
14.3
11.1
11.2
14.8
20.6
accounts in the United States. Beginning with July 1974 the
figures exclude noninterest-bearing notes issued to the International
Monetary Fund.
Consists o f savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also in
cluded are certain government deposit accounts and government-spon
sored agencies.
Includes U.S. savings notes. Sales began May 1, 1967 and were dis
continued after June 30, 1970.
Preliminary.
Treasury Bulletin
62
TREASURY SURVEY OF OWNERSHIP, APRIL 30, 1975
B ie m on th ly T rea su ry Su rvey o f O wnership c o v e r s s e c u r i
19^1 T rea su ry B u l l e t i n , f o r c o r p o r a t io n s and s a v in g s and lo a n
t i e s is s u e d b y th e U n ited S t a te s Government, F e d e r a l a g e n c ie s ,
a s s o c i a t i o n s i n th e Septem ber i 9 6 0 B u l l e t i n , and f o r S t a te and
F e d e r a lly - s p o n s o r e d a g e n c ie s , and th e D i s t r i c t o f C olu m bia.
l o c a l governm ents i n th e F eb ru a ry 1 9 6 2 B u l l e t i n .
The banks and in s u ra n c e com panies in c lu d e d i n th e Su rvey c u r
r e n t ly accou n t
fo r
a b o u t 9 0 p e r c e n t o f a l l su ch s e c u r i t i e s
h e ld b y t h e s e i n s t i t u t i o n s .
The s im i l a r p r o p o r t io n f o r c o r
p o r a t io n s and f o r s a v in g s and lo a n a s s o c i a t i o n s i s
50 p ercen t,
and f o r S t a te and l o c a l govern m en ts, 70 p e r c e n t .
Data w ere
f i r s t p u b lis h e d f o r banks and in s u ra n c e com panies i n th e May
H old in g s
b y com m ercia l banks d i s t r i b u t e d
a c c o r d in g
to
F e d e r a l R eserve member bank c l a s s e s and nonmember banks a re
p u b lis h e d f o r June 3 0 and December 3 1 .
a t e p e n s io n t r u s t fu n ds
a re
H old in gs b y c o r p o r
p u b lis h e d q u a r t e r l y , f i r s t a p
p e a r in g i n th e March 195^ B u l l e t i n .
Table TSO-1. - Summary of Federal Securities
(Par values - in millions o f dollars)
Held by private investors covered in Treasury Survey
C lassification
Total
amount
outstand
ing 1 /
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
Total
private
inves
tors
5,561
commer
c ia l
banks
2/
475
Insurance companies 486
mutual
savings 458
savings
444 f ir e ,
and loan corpo
banks
289
casualty, associa rations
2/
life
and
tions
marine
State and lo ca l
governments
315
general
funds
187 _
pension
and re
tirement
funds
A ll
other
private
inves
tors 2 /
Public <le^ issues:
ftyterepfr-beqytag public
debt securities:
Marketable...........................
Nonmarketable ( * / ................
Total interest-bearing
public debt secu rities..
Matured debt and debt
bearing no interest;............
Total public debt
secu rities.........................
Government agency issues:
Regular issues.......................
Participation
ce rtifica te s £ / ....................
307,202
208,550
108,345
117,517
198,857
91,033
49,282
2,106
2,575
2,728
2,083
5,278
7,044
1,201
126,560
91,033
515,752
225,862
289,890
49,282
2,106
2,575
2,728
2,083
5,278
7,044
1,201
217,593
989
989
969
516,741
225,862
290,879
49,282
2,106
2,575
2,728
2,083
5,278
7,044
1,201
218,562
5,192
218
4,974
1,080
222
108
39
171
247
274
252
2,580
13
2
2
21
92
207
295
344
2,787
4,510
1,807
2,703
427
29
9
Total Government agency
securities covered in
Treasury Survey...................
9,702
2,025
7,677
1.507
251
117
Nonsurveyed Government
agency secu rities................
1,301
162
1,139
Total Government agency
securities ^ . . . . . . . . . . . . .
11,003
2,187
8,816
Total Federal s e c u r it ie s ....
527,744
228,049
299,695
Footnotes at end of Table TSO-5.
____ 5 £ _
. ,17?.,
.m
63
June 1975
TREASURY SURVEY OF OWNERSHIP, APRIL 30, 1Q7R
Table TSO-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values - in m illions o f dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1 /
Classification
By type security:
Issued by U.S. Government:
Treasury b i l l s ....................................
Treasury notes....................................
Treasury bonds....................................
U.S. Govemcounts and
Federal
Reserve
banks
Insurance conqpanies
5,561
commer
c ia l
banks
2/
475
mutual
savings
banks
2/
7,351
39,825
2,107
192
1 417
*497
116
347
2,112
49,282
2,106
16,250
27,283
4,829
524
364
33
49,282
447
934
351
142
162
70
Total................1 ....................................
126,907
144,997
35,298
307,202
38,770
55,472
14,103
108,345
By maturity distribution:
Call classes (due or f ir s t
becoming ca lla b le):
Within 1 year......................................
1 to 5 years........................................
5 to 10 years......................................
10 to 15 years....................................
15 to 20 y e a r s .................................
20 years and over................... ..........
162,177
94,896
27,802
12,888
6,613
2,826
52,670
32,056
14,763
5,592
2,423
841
Total.....................................................
307,202
108,345
160,981
93,444
29,254
7,007
9,681
6,835
307,202
52,161
31,774
15,045
2,792
3,715
2,857
16,183
0*7
C
f OI1
4,900
285
1 J Cs.
44o
c .0 (
1L OK
£0
108,345
49,282
2,106
Maturity classes (fin a l
maturity):
Within 1 year......................................
1 to 5 years........................................
5 to 10 years......................................
10 to 15 years..................... ..............
15 to 20 years.....................................
20 years and o v er..............................
Total......................................................
2,106
J "3A
Vlo
o/Le
JO ?
113
147
289
life
444 f ir e ,
casualty,
and
marine
2,575
270
1 682
'776
2,728
188
638
516
931
119
183
2,575
569
1,127
570
274
167
21
2,728
140
486
savings
and loan
associa
tions
2,083
5,278
7,044
1,201
73,994
39,435
13,131
126,560
573
1,059
264
140
33
14
2,083
2,803
2,116
221
18
120
4,467
1,695
316
357
120
89
5,278
7,044
337
165
85
337
254
22
1,201
83,873
27,823
5,887
4,572
2,850
1,554
126,560
2,803
c , 1Ur
4,396
1,598
no
Alp
Xcl
on a
OQJ
yn
iip?
'J*;
OOO
5,278
7,044
1,201
lift
xlo
2 ,5 1 5
2,728
2,083
DOQ
3,685
223
lOJ
o(Hlff7
cA kj
rjerj
(J (
0J0
1,085
OJL^
137
187
pension
and re
tirement
funds
1,189
I) A
d o/
J00
799
315
general
funds
Held by
oA1i -1
l
other
inves
tors 2/
2,013
3,049
01
clD
0Q L
1,441
PO<c
1,034
Oft 0
£07
OP
QC
1
l7Q
1 JA
458
corpo
rations
State and lo ca l
governments
n
(
83,505
00/
6,470
2,426
4,086
2,833
126,560
Footnotes at end o f Table TS0-5.
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in m illions o f dollars)
Held by investors covered in Treasury Survey
Issue
Total
smoiuii)
outstanding 1 /
Insurance companies
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,561
commer
c ia l
banks
2/
430
1,322
759
446
1,210
1,256
212
88
568
382
425
?06
475
mutual
savings
banks
2/
289
life
444 fir e ,
casualty,
and
marine
486
savings
and loan
associa
tions
State and lo ca l
458
corpo
rations
immAw
1— 1C 4»
187
315
pension
general and re
funds
tirement
funds
Treasury
Regular weekly and annual maturing:
May
1975......................................
June
1975.
July
1975.
Aug.
1975.
Sept.
1975.
Oct.
1975.
Nov.
1975.
Dec.
1975.
Jan.
1976.
Feb.
1976.
Mar.
1976.
Apr.
1976.
25,620
23,826
25,625
11,756
11,908
12,914
2,002
2,001
3,587
2,103
2,102
2,205
9,134
7,245
7,909
3,061
3,153
3,271
758
817
1,031
818
827
738
Tax anticipation:
Apr.
1975......................................
June
1975.
Total Treasury B ills ...........................
1,256
126,907
10
48
*
-
186
7,351
192
116
1
270
*
38,770
294
2,013
3,685
223
1,776
6,760
7,679
2,042
3,115
1,731
4,945
3,739
2,288
2,802
1,580
290
4,565
2,837
162
764
235
1,475
2,873
189
610
150
676
618
2,332
677
963
731
1,688
311
838
1,103
851
28
20
58
19
20
17
46
7
29
23
18
*
9
16
1
1
*
2
3
*
3
-
4
45
47
19
35
25
68
15
9
55
6
17
36
82
6
19
11
70
15
14
33
15
95
104
166
105
12
87
196
6
19
31
71
137
121
161
44
68
54
74
31
21
47
24
*
19
4
Treasury Notes;
5-7/8% May
6
May
5-7/8
Aug.
8-3/8
Sept.,
7
Nov.
Dec.
7
5-7/8
Feb.
Feb.
6-1/4
8
Mar.
May
5-3/4
6
May
1975-F.....................
1975-B.....................
1975-C.....................
1975-G.....................
1975-D.....................
1975-H.....................
1976-F.....................
1976-A.....................
1976-H.....................
1976-E.....................
1976.........................
Footnotes at end o f Table TS0-5.
17
27
24
31
24
31
2
7
7
5
8
10
6
16
32
40
9
12
1
_
_
-
52
76
60
21
16
16
15
5
*
4
2
2
15
87
25
28
39
16
14
*
20
4
13
34
70
168
557
196
224
312
8
60
76
76
45
36
908
979
729
288
215
195
76
73
45
53
9
18
___ 97_
74
70
69
2
3
2
2
*
_
*
-
-
.
1
*
1
1
2
1
-
Held by
a ll
other
inves
tors 2 /
14,915
13,838
15,461
7,644
7,016
7,803
915
951
1,841
761
773
1,162
914.
73,994
528
1,223
1,977
1,009
1,232
572
1,325
477
1,166
897
444
64
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, APRIL 30, 197S
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue—Continued
(Ear values - In millions o f dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1 /
Treasury Notes (Continued):
6-1/2#
May
1976-B...................
June
1976-1...................
8-3/4
5-7/8
Aug.
1976.......................
6-1/2
Aug.
1976-G...................
7-1/2
Aug.
1976-C...................
Sept. 1976-J...................
8.25
Nov.
1976-D...................
6-1/4
7-1/8
Nov.
1976-N...................
Dec.
1976-K...................
7-1/4
6
Feb.
1977.......................
1977-A...................
8
Feb.
Mar.
6-1/2
1977.......................
Apr.
1977-H...................
7-3/8
6-7/8
May
1977-C...................
May
1977-D...................
9
Aug.
1977-B...................
7-3/4
1977-E...................
Nov.
7-3/4
Feb.
1978-A...................
6-1/4
May
1978-D...................
7-1/8
1978-C...................
Aug.
8-3/4
Nov.
1978-B...................
6
1979-D...................
7-7/8
May
Aug.
1979-A...................
6-1/4
6-5/8
1979-B...................
Nov.
Nov.
1979-C...................
7
6-7/8
May
1980-A...................
1980-B...................
Aug.
9
Feb.
1981-A...................
7
1981-C...................
Feb.
7-3/8
1981-B...................
Nov.
7-3/4
Exchange Series.................................
Treasury Bonds:
4-1/4
May
June
3 - 1 /4
Feb.
4
Nov.
3 - 1 /2
Aug.
7
Feb.
6 - 3 /8
Aug.
6- 3 /8
May
3 - 1 /4
6 - 1 /8
Nov.
Aug.
4 - 1 /4
Feb.
4
7-1/2
Aug.
May
4-1/8
Feb.
3-1/2
May
8-1/4
Feb.
6-3/4
May
7
M
ay
8-1/2
Feb.
3
7-7/8
Feb.
Nov.
3-1/2
1975-85.................
1978-83.................
1980.......................
1980.......................
1981.......................
1982.......................
1984.......................
1985.......................
1986.......................
1987-92.................
1988-93.................
1988-93.................
1989-94.................
1990.......................
1990.......................
1993.......................
1993-98..................
1994-99..................
1995.......................
1995-2000..............
1998.......................
Total marketable public debt
secu rities........................................
Footnotes at end of Table TSO-5.
U. S. Govern
ment ac
counts and
Federal
Reserve
banks
5,561
c ia l
banks
2/
144,997
850
742
110
1,949
1,689
447
418
172
371
219
3,087
656
130
606
3,047
1,670
1,349
3,457
1,064
679
3,628
475
1,777
1,129
429
5,577
2,650
552
645
1,746
55,472
1,196
1,452
2,568
1,893
807
2,702
2,353
907
1,216
3,572
223
1,914
1,367
3,688
1,247
627
692
2,414
730
902
2,826
508
282
865
753
407
1,053
1,379
224
910
1,440
70
1,250
550
1,149
70
203
312
1,437
134
268
841
35,298
14,103
67
71
149
99
41
537
221
41
89
82
2
215
7
87
51
78
142
54
11
28
33
2,107
307,202
108,345
49,282
2,697
2,703
1,662
3,883
4,194
2,023
4,325
1,507
2,282
1,665
5,163
2,576
1,570
2,565
5,329
4,918
3,630
8,389
3,960
2,462
8,207
2,269
4,559
1,604
2,241
7,265
4,296
1,842
2,168
4,477
112
475
mutual
savings
banks
2/
Insurance companies
289
life
444 f ir e ,
casualty,
and
marine
486
458
savings
and loan corpo
associa rations
tions
594
759
812
928
915
989
1,622
698
1,007
696
646
1,079
701
1,029
712
1,286
1,247
1,781
1,880
749
1,796
1,245
796
202
934
734
610
847
541
1,199
5
28
26
23
29
33
12
25
36
21
23
40
71
33
19
18
50
36
82
47
28
56
51
33
4
19
50
17
2
53
166
1
2
1
2
*
3
*
39
2
1
4
10
9
1
4
5
36
3
2
34
1
19
1
5
10
*
16
32
50
17
50
6
8
38
54
20
50
8
16
7
33
21
10
71
12
62
24
98
45
38
80
40
42
26
61
76
87
50
91
114
16
18
5
33
24
9
20
39
10
13
58
16
41
14
22
5
22
23
165
82
3
188
32
36
3
36
79
2
32
51
39
4
39,825
1,417
347
1,682
1,441
11
16
33
20
3
27
12
11
7
33
4
2
2
84
80
17
2
17
10
36
70
497
40
283
148
371
2
19
15
189
9
129
29
9
47
520
30
20
7
10
23
29
183
2,112
34
42
86
58
5
62
27
26
7
120
3
14
35
70
54
5
3
14
10
82
21
776
10
25
65
41
13
7
48
1
30
8
9
20
23
12
10
3
6
3
14
348
2,106
2,575
2,728
2,083
State and lo ca l
ffonrernnents
187
315
pension
general and re
funds
tirement
funds
Held by
a ll
ooner
inves
tors 2 /
10
69
172
100
7
81
191
72
150
82
17
43
28
165
62
140
128
45
112
60
14
26
40
6
152
15
16
89
28
24
14
3,049
2,170
1
*
1
14
1
25
8
1
5
4
8
*
1
4
6
*
18
10
160
*
9
20
5
*
12
32
3
3
4
5
2
1
74
7
12
27
*
*
*
71
97
239
110
5
24
77
13
10
135
8
42
20
129
13
19
13
28
42
4
89
85
44
27
36
1
9
1
13
5
154
10
34
40
80
13
20
23
134
22
42
22
216
1,189
817
368
582
935
400
342
947
581
339
174
1,445
89
334
646
1,544
850
249
175
694
472
410
1,554
13,131
5,278
7,044
1,201
126,560
49
57
48
61
36
26
81
17
54
29
54
29
39
90
51
96
18
106
51
15
174
12
51
17
25
47
21
12
5
16
*
3
2
_
*
6
7
*
_
_
4
_
*
1,092
1,034
454
754
1,443
419
1,858
495
651
548
1,265
632
605
554
1,418
1,574
798
2,594
667
886
2,232
383
1,758
217
578
673
888
242
703
1,112
54
39,435
June 1975
TREASURY SURVEY OF OWNERSHIP, APRIL 30, 1975____
Table TSO-4. - Securities Issued by Government Agencies
(Par values - in millions o f dollars)
Held by investors covered in Treasury Survey
Issue
lIxDort-Import Bank:
Debentures:
5.70% Dec.
1976...........................
1977...........................
Aug.
6-1/4
1978...........................
Feb.
6.45
1978...........................
Aug.
8.35
1978...........................
Nov.
7.30
Mar.
7
1979...........................
May
6.60
1979...........................
Issues to State and Local Govts.
(Mtg. Backed Bonds) 2 / ...................
Participation Certificates ..............
Federal Housing Administration!
(Debentures)............................................
(VnnsnrM«an+ Mo+4/Mnol UftT>+(Taero
Association:
Participation C ertifica tes.................
6-7/8% Feb.
1982-97.....................
Vfil 1av All+.Vi/M'n+rr*
Bonds:
1975...........................
8-3/4% June
July
1976...........................
7-1/4
8.10
Apr.
1979...........................
Nov.
4.40
1985...........................
4-5/8
July
1986...........................
Feb.
1987...........................
4-1/2
May
1992...........................
5.70
1992...........................
Nov.
6-3/8
Oct.
1994...........................
8-1/4
Mar.
1995...........................
9
June
1995...........................
9-1/4
1996...........................
7.30
Oct.
Jan.
1997...........................
7
May
1997...........................
7.35
July
1997...........................
7.35
Oct.
7.4C
1997...........................
Jan.
1998...........................
7.35
Apr.
1998...........................
7.35
1998...........................
July
7-3/4
1998...........................
7.70
Oct.
Jan.
8.05
1999...........................
Total.
Total Government agency securities
covered by survey..................................
Footnotes at end of Table TSO-5.
Total
amount
outstand
ing
U.S. Govern
ment ac
counts and,
Federal
Reserve
banks
State and lo ca l
governments
Insurance companies
5,561
commer
c ia l
banks
2/
475
mutual
savings
banks
444 f ir e ,
casualty,
and
marine
289
life
2 /
486
savings
and loan
associa
tions
458
corpo
rations
315
general
funds
187
pension
and re
tirement
funds
Held by
all
other
inves
tors 2 /
8
5
*
31
56
8
*
1
11
3
8
52
89
26
27
5
24
16
8
15
5
18
22
4
12
1
-
143
21
72
40
58
__ 13
28
110
207
272
74
746
36
25
64
5
17
-
1
53
202
1,793
353
145
41
175
65
58
132
699
799
250
25
13
17
5
1
1
2
20
167
50
100
100
50
50
45
70
60
100
100
50
150
150
150
150
150
100
150
150
100
100
-
-
3
15
9
*
*
*
1
*
1
2
*
4
6
4
3
3
3
21
32
44
4
2
5
2
1
*
*
2
2
2
8
1
15
15
16
18
18
16
6
1
1
*
5
3
3
1
*
1
1
*
1
1
1
2
5
3
*
2
_
1
*
*
*
3
1
*
1
*
_
2
4
2
1
2
1
-
9
2
3
1
1
*
_
*
2
_
1
1
9
9
2
4
___ 3__
.
_
_
_
2
2
2
*
2
1
4
3
23
*
2
1
2
*
3
3
_
*
*
1
5
1
3
_
*
_
*
_
_
20
26
28
24
11
13
3
5
1
5
5
2
9
1
4
18
*
1
34
78
84
18
19
9
38
45
82
87
44
125
114
112
108
109
73
113
93
32
89
2,125
0
155
132
32
17
46
39
23
177
1,505
9,702
2,026
1,507
379
153
226
237
305
427
1,023
3,419
12
29
30
108
127
141
130
169
131
71
6
11
8
1
1
13
6
*
*
*
143
250
14
74
12
2,593
136
950
474
71
4,260
300
400
300
300
300
400
200
24
7
22
-
-
-
-
8
-
*
1
2
-
___
-
1
-
*
*,
-
98
174
61
65
78
167
62
66
Treasury Bulletin
..........
TREASURY SURVEY OF OWNERSHIP, APRIL 30, 1Q7K
Table TSO-5. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par value - in m illions o f dollars;
Held by investors covered in Treasury Survey
Issue
Banks fo r Cooperatives:
Debentures
May
8 .5 5 %
8. 0 5
June
7.40
July
7.05
Aug.
Sept.
6.05
Oct.
5.85
Apr.
7.70
B
Oct.
Total.
Farmers Home Administration!
Insured Notes:
Aug.
6-5/8#
Mar.
6.35
June
1977.........................
6.45
6-7/8
Aug.
Dec.
6.55
7.20
Mar.
May
1978....................... .
7-1/4
July
7.35
Dec.
7.30
1978-(CBO).............
8.90
Jan.
7
Nov.
Mar.
6.40
June
7-7/8
Jan.
7.10
July
8-5/8
7-1/2
Aug.
7-1/8
Dec.
7-1/2
Mar.
May
7-1/2
Dec.
1988-(CBO).............
7-3 A
Apr.
9
1989-(CBO).............
T o ta l,,,
Federal Heme loan Banks;
Bands:
6.80#
7.15
8.05
7.15
7-7/8
7.95
6-1/2
7.05
9.10
7-3/8
8.70
8.75
9.20
7.20
7.45
7.80
9.55
8.60
9.55
7.20
8.05
6.95
8.70
7.15
8.80
6.75
7.45
9.15
9-3/8
7.60
9.10
8.65
9.45
8.65
8.75
9.50
7.50
8.15
7.05
7.75
7.80
6.60
8.65
Footnotes at
May
May
May
Aug.
1975-J .....................
Aug.
Aug.
Nov.
Nov.
1975....................... .
Nov.
Feb.
Feb.
Feb.
Feb.
May
May
Aug.
Aug.
Nov.
1976-J .....................
Nov.
Feb.
1977.........................
Feb.
May
May
Aug.
Aug.
Nov.
Nov.
Nov.
Feb.
May
Nov.
Feb.
Feb.
May
May
Aug.
Nov.
Nov.
Feb.
Feb.
Oct.
Nov.
Nov.
end of table.
Total
amount
outstand
ing
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,561
commer
c ia l
banks
2/
475
mutual
savings
banks
2/
43
19
6
11
17
30
2
76
81
57
72
76
65
94
75
7
7
2
8
5
4
*
8
3,322 £ /
128
595
150
300
400
403
300
301
301
300
150
300
200
250
350
300
150
201
201
200
200
200
14
10
16
9
9
30
9
10
12
16
43
.
3
3
10
38
32
5,558
263
83
122
129
173
146
100
114
111
162
21
66
69
62
78
21
10
25
2
17
47
24
1,584
341
17
73
24
88
50
21
47
14
31
22
16
9
*
9
29
10
11
36
17
50
20
26
2
19
26
77
8
12
32
44
30
33
93
129
24
49
30
2
36
49
46
14
8
74
63
156
47
89
110
a
75
161
116
75
57
66
96
183
96
159
149
148
99
222
158
44
109
88
157
81
115
179
229
158
113
125
190
150
67
69
683 jg/
546 8 /
485 i /
484 8 /
392 8 /
332 8 /'
200
201
400
300
700
265
400
500
300
350
600
700
300
400
300
600
600
300
500
700
600
500
500
500
200
500
299
600
300
300
700
400
500
497
590
596
499
396
491
487
495
300
350
200
200
400
State and lo ca l
governments
Insurance companies
140
96
108
42
39
55
75
486
savings
444 f ir e , and loan
casualty, associa
and
tions
Tn«-p-tnp
289
life
458
corpo
rations
187
315
pension
general
and re
funds
tirement
funds
Held by
a ll
other
inves
tors 2 /
1
*
_
3
2
10
5
8
5
9
10
1
8
6
5
9
2
7
15
11
106
83
75
54
47
18
*
8
*
1
3
.
_
-
433
345
327
332
235
199
89
87
41
1
1
_
1
2
6
56
54
390
4
2,046
10
22
21
33
38
20
3
9
1
2
22
10
34
37
16
15
31
25
6
1
9
1
1
1
3
4
2
*
1
2
6
6
5
1
1
4
2
*
5
*
5
1
1
1
1
1
2
*
6
6
6
3
2
4
_
1
_
*
2
1
18
8
2
5
5
1
2
2
1
43
28
20
8
12
2
14
17
49
3
8
.
32
_
_
12
_
2
_
_
_
.
_
-
4
10
20
17
11
1
8
5
17
23
29
3
8
17
63
5
6
1
3
1
17
4
_
_
_
45
208
110
128
189
160
141
156
118
69
113
62
95
181
103
70
77
73
63
110
79
364
45
43
248
46
271
4
*
-
2
12
7
18
14
10
10
13
21
11
8
8
21
5
6
11
8
14
8
11
7
10
16
13
26
9
33
4
7
15
11
17
8
9
9
22
6
10
23
15
4
8
19
7
23
*
*
1
*
5
1
*
1
3
*
3
1
1
*
*
6
1
*
4
52
24
40
7
28
2
-
*
1
2
*
1
1
_
1
1
-
1
1
1
1
*
1
1
1
1
*
*
-
*
1
_
*
2
*
*
4
1
2
2
1
6
1
*
1
7
3
8
11
23
20
5
12
3
1
2
3
2
1
19
14
32
19
13
18
13
40
39
34
27
14
3
18
29
14
19
20
20
19
16
14
12
11
15
22
12
10
26
9
27
12
42
19
28
15
8
52
35
10
15
7
3
4
_
_
35
10
50
18
17
53
58
-
57
23
18
21
17
10
36
19
10
5
31
10
5
8
51
1
.
3
_
2
2
4
1
4
28
12
8
9
4
34
46
45
75
51
1
24
345
2,349
66
3
163
22
78
4
8
35
4
5
56
105
*
40
3
101
62
11
25
45
39
31
4
16
1
26
6
19
6
17
43
13
10
24
9
9
8
16
33
10
8
7
12
2
2
9
_
1
_
_
.
_
1
1
3
*
1
*
1
161
274
180
204
263
181
184
271
406
172
224
217
358
236
143
252
386
307
291
165
247
108
285
138
273
150
118
390
83
216
289
293
209
196
228
325
243
295
118
222
114
122
188
_
1
1
*
2
3
_
3
1
1
4
8
*
4
*
10
3
13
4
1
1
3
_
4
June 1975
67
TREASURY SURVEY OF OWNERSHIP, APRIL 30, 1975,
Table TSO-5. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia—Continued
(Par value - In millions o f dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing
Issue
Federal Home Loan Banks (Continued):
Bonds:
May
7.30
Nov.
7-3/8
Nov.
7-3/8
1983-93...................
May
8.75
FHIMC Mtg. Backed Bonds: 9 /
Aug.
7.05
Feb.
6.15
8.60
Nov.
1976-95...................
Aug.
1977-96...................
7.75
May
1982-97...................
7.15
FHIMC Mtg. Backed C ertificates:
Mar.
8.20
2005
Issues to State and lo ca l g o v t s .... 1
T o ta l...
Federal Intermediate Credit Banks: 8 /
Debentures
Apr.
9-1/4
May
9.45
June
9.80
5.70
July
9.60
July
Aug.
8.45
Sept.
8.05
Oct.
7.35
Nov.
7.05
Dec.
6.15
Jan.
6.05
Jan.
1976.........................
6.65
Jan.
7.10
Apr.
8.70
7.10
Jan.
Jan.
7.40
1979.........................
T o ta l...
Federal Land
Bonds:
4-1/8
5.70
8.30
7.20
7.40
6.25
9.20
5
6-1/4
8-1/4
5-3/8
7.05
7.15
7.45
8-1/4
7-1/2
6.35
8.70
5-1/8
7.60
6.40
9.15
7.35
5
7.10
6.85
7.15
6.80
6%70
7-1/2
8.70
6.70
9.10
7.80
6.90
8.15
7.30
7.30
T o ta l., ,
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
State and loca l
governments
Insurance companies
5,561
commer
c ia l
banks
2 /
475
mutual
savings
banks
2/
486
savings
444 f i r e > and loan
casualty, associa
and
tions
marine
289
life
458
corpo
rations
187
315
general pension
and re
funds
tirement
funds
Held by
a ll
other
inves
tors 2 /
14
29
90
52
42
65
129
29
9
8
4
4
*
1
1
1
1
1
1
*
6
7
24
*
8
13
2
1
7
4
7
2
3
7
-
110
172
128
205
26
17
-
156
87
4
6
3
3
9
11
12
12
2
2
10
1
1
2
*
2
8
44
6
6
2
11
2
3
10
3
6
18
21
202
168
112
98
104
37
5,425
10
621
36
3
171
5
937
5
781
4
360
22,591
1,612
6
141
231
11,419
806
734
302
786
765
795
523
769
926
1,087
267
236
321
406
410
27
14
14
32
19
33
6
30
65
12
4
7
10
45
22
145
82
98
73
74
196
95
134
170
193
69
80
95
155
162
4
16
9
8
5
11
14
15
8
16
7
2
9
8
11
*
1
2
*
1
-
_
4
3
1
2
2
1
2
1
2
3
1
1
14
2
4
9
12
2
4
11
5
10
1
34
2
29
23
30
6
51
29
16
82
71
40
48
57
339
1,821
144
4
38
181
537
_
1
_
_
1
1
.
2
561
577
131
577
577
494
344
513
590
771
154
96
171
128
176
9,133
10
5
21
10
12
9
10
10
19
25
16
15
7
20
23
210
148
425
300
300
362
300
651
123
373
300
250
400
224
265
400
200
300
239
300
1
1
4
7
36
32
5
15
*
26
45
2
42
38
29
20
2
5
2
17
19
18
10
40
55
3
5
85
5
19
91
7
_
47
42
34
115
58
49
117
73
88
13
103
93
12
96
134
212
137
145
101
111
15
247
90
69
210
47
105
44
134
144
100
74
71
45
28
45
32
57
33
53
4
1
2
_
2
*
1
3
1
*
*
1
*
*
*
1
2
1
6
*
*
*
1
2
*
_
_
_
*
*
1
*
2
3
*
1
*
7
1
1
1
3
4
1
1
*
1
10
2
2
6
*
10
8
1
12
1
2
1
5
2
6
6
*
9
4
*
1
*
5
4
45
8
6
5
18
2
3
24
14
2
22
18
37
15
21
10
9
2
19
6
2
35
11
35
2
10
3
4
2
3
5
*
2
3
3
1
1
774
3,334
31
117
410
20
40
1
1
14
15
47
9
17
10
*
9
19
_
5
10
_
4
7
30
20
10
69
20
5
15
2
14
3
10
10
3
*
9
_
_
_
25
470
1
11
6
7
8
1
62
4
8
9
6
19
5
27
8
54
1
5
13
13
2
7
16
24
17
6
27
8
10
4
3
9
3
5
1
2
3
8
13,802
5
13
5
10
8
14
6
5
9
11
4
6
14
25
10
18
8
14
2
20
8
2
3
13
7
17
14
28
14
3
13
13
10
13
22
13
4
4
407
184
300
400
300
400
350
140
150
150
/2 /
300
360
1,446
34
12
6
5
6
10
5,858
Banks:
Feb.
July
July
Oct.
Oct.
Jan.
Jan.
Feb.
Apr.
Apr.
July
July
Oct.
Jan.
Apr.
July
Oct.
Jan.
Apr.
Apr.
July
July
Oct.
Jan.
Jan,
Apr.
July
Oct.
Jan.
July
Oct.
Apr.
July
Jan.
Apr.
Apr.
Oct.
Oct.
1973-78...................
1975.........................
400
150
360
450
750
565
550
300
546
150
714
269
350
550
514
300
235
389
400
1982.........................
1982.........................
Footnotes at end of table.
419
1
.
*
*
_
.
2
2
_
2
7
_
2
3
5
_
5
2
*
4
4
1
1
1
2
1
4
3
*
6
.
2
1
60
74
196
219
217
173
137
438
85
194
256
114
181
213
446
345
250
149
380
97
378
131
248
195
364
112
138
159
143
159
145
209
144
197
226
135
222
149
162
7,780
Treasury Bulletin
68
TREASURY SURVEY OF OWNERSHIP, APRIL 30, 1975
Table TSO-5. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia—Continued
(Par value - in m illions o f dollars)
Held by investors covered in Treasury Survey
Issue
Total
amount
outstand
ing
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
475
mutual
savings
banks
2/
Federal National Mortgage Association:
Debentures:
5-1/4
June
6.80
Sept.
7.50
Sept.
5.70
Dec.
Dec.
8.25
Mar.
5.65
7-1/8
Mar.
June
5.85
6.70
June
June
10
Sept.
5.85
6-1/8
Sept.
7.50
Sept.
Dec.
6.25
Dec.
7.45
Dec.
8.45
Feb.
4-1/2
Mar.
6.30
Mar.
7.05
6.50
June
June
6-3/8
June
7.20
6-7/8
Sept.
Sept.
7.85
Dec.
7-1/4
Dec.
7.55
6.70
Mar.
1978.......................
Mar.
8.45
June
7.15
Sept.
7.15
Dec.
6.75
Dec.
8.95
Mar.
7.25
June
7.85
9.80
June
Sept.
6.40
7.80
Sept.
Dec.
6.55
6-7/8
Mar.
Mar.
7.25
8.50
June
7.50
Sept.
6.60
Dec.
Mar.
7.05
June
7-1/4
Sept.
7-1/4
9.70
1981.......................
Sept.
7.30
Dec.
8-7/8
Mar.
6.65
June
6.80
Sept.
Dec.
7.35
June
6.75
7.30
June
6.75
Sept.
June
6-1/4
7.95
Sept.
6.90
Dec.
Mar.
7.65
7
Mar.
June
7.05
7.10
Dec.
1982-97.................
Capital Debentures
7-5/8
Apr.
Oct.
4-3/8
7.40
Oct.
1982-97.................
Mtg. Backed Bonds:
8-3/8
June
8-5/8
Oct.
1980-90..................
Issues to State and lo ca l govts. 7 /
Total..
D istrict o f Columbia:
4.20
Dec.
1970-79.................
Footnotes on following page.
State and loca l
crnvfi-mmeTvi.
Insurance companies
5,561
commer
c ia l
banks
2/
486
savings
444 f ir e , and 1nan
casualty, associa
and
tions
marine
289
life
458
corpo
rations
315
general
funds
187
pension
and re
tirement
funds
Held by
a ll
other
inves
tors 2 /
2,759
26
149
7
*
2
18
88
886
9
1,575
500
650
350
500
300
500
39
67
37
30
53
45
16
43
121
151
56
131
87
117
144
113
a
130
147
83
59
151
52
115
14
128
121
54
68
177
70
109
173
185
86
190
199
179
107
44
216
85
179
108
208
108
65
159
68
185
113
64
43
41
60
88
27
45
56
141
29
88
38
44
18
18
37
13
18
10
9
12
17
13
5
10
13
10
12
14
22
14
7
12
17
8
6
23
6
8
11
8
9
7
9
14
4
15
16
12
16
9
13
8
3
19
24
31
23
36
10
4
22
8
11
19
2
7
2
30
12
6
10
4
26
16
5
17
10
30
8
17
1
1
*
1
#
1
.
2
*
1
*
_
73
48
25
51
5
79
16
67
30
26
47
29
9
61
11
15
15
58
37
10
16
30
17
18
30
27
24
23
40
70
7
6
30
8
12
17
a
54
21
34
a
15
13
22
32
2
24
8
_
5
10
_
41
27
5
13
_
.
31
_
18
29
53
6
27
7
4
29
11
4
11
9
3
4
3
77
4
2
3
8
9
10
6
6
35
1
1
19
1
14
20
30
11
8
42
42
2
3
10
7
26
5
9
2
1
16
9
4
6
2
1
68
2
2
12
1
13
1
2
5
1
4
2
2
15
1
5
3
1
1
*
*
_
*
195
315
168
227
123
222
183
177
161
386
230
3
1
4
1
3
2
1
10
3
5
2
2
2
4
3
3
1
2
1
*
*
*
*
2
3
5
1
*
1
*
13
*
*
2
2
3
2
1
7
*
3
1
3
1
*
3
6
4
1
1
3
3
1
1
8
2
*
2
1
7
2
3
1
*
28
2
9
3
1
1
1
4
*
21
4
11
12
97
34
120
126
120
305
182
161
309
93
121
112
3
3
2
203
211
102
8
15
181
100
124
13,644
2
8
400
450
250
700
500
300
200
500
300
600
198
500
-
42
41
29
1
23
32
65
-
-
2
1
7
*
500
500
350
650
600
550
300
450
500
300
600
300
700
350
250
750
600
400
300
350
250
250
300
250
300
250
200
300
200
300
250
200
300
250
500
200
200
200
36
25
6
56
39
66
44
44
43
131
70
44
45
11
40
60
61
16
72
34
15
82
70
69
50
15
23
31
58
37
23
15
14
110
21
60
50
17
53
40
56
40
31
24
300
248
250
42
46
3
30
27
2
58
*
2
5
*
7
1
23
8
9
12
250
200
551
28,256
6
40
2,621
25
9
6,235
3
18
915
*
1
*
4
5
6
3
*
79
*
3
*
400
150
250
500
300
400
20
_
-
-
_
.
*
*
-
1
1
*
1
4
-
4
1
1
1
1
_
2
1
*
*
_
1
1
_
3
6
_
-
13
6
126
2
4
3
4
8
7
2
5
_
13
4
*
7
2
9
11
3
9
16
12
6
9
_
2
11
26
11
4
12
22
*
_
14
6
15
1
_
3
5
21
_
2
2
1
_
3
10
4
4
1
24
3
_
_
_
_
185
1,478
842
1
5
-
18
7
551
2,134
-
_
_
*
_
*
*
_
2
6
_
.
_
_
*
_
4
3
1
_
*
*
_
1
_
_
_
2
*
*
*
2
2
3
2
_
*
3
3
*
_
1
_
142
116
235
176
343
1 14
239
162
78
148
179
150
167
192
146
174
250
224
201
114
365
157
121
308
120
323
157
131
313
433
115
100
252
158
78
148
109
229
140
June 1975
69
.TRBA8URY SURVEY OP OWNERSHIP, APRIL 30, 1975
Footnotes to Treasury Survey of Ownership Tables
1/
2/
2 /
y
Securities issued by the Treasuiy and Government agencies that are
cla ssifie d as debt under the new unified budget concept. For debt
subject to lim itation, see Table FD-9.
Includes trust departments.
Included with a ll other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and loca l
government funds not reporting in the Treasuiy Survey. Also included
are certain Government deposit accounts and Government-sponsored
agencies.
Data on the holdings o f nonmarketable Public Debt were no longer
collected beginning with July 1974 Treasury Survey o f Ownership.
Includes Export- Import Bank and Government National Mortgage Associ
ation participation ce rtifica te s .
6 / Includes matured securities outstanding on which interest has ceased.
i j
Direct placements with State and lo ca l government with various
interest rates and maturity dates.
&/ Includes securities issued for use as colla tera l fo r short-term
borrowings.
2 / Obligation o f the Federal Home Loan Mortgage Corporation. Hie capital
stock o f the Federal Home Loan Mortgage Corporation is held by the
twelve Federal Home Loan Banks.
*
Less than $500,000.
2 /
Treasuiy Bulletin
70
.M ARKET QUOTATIONS ON TREASURY SECURITIES, MAY 30, 1975,
C u rre n t m ark et q u o t a t io n s
l i s t e d i n c l u d e a l l r e g u l a r l y q u o t e d p u b l i c m a r k e ta b le s e c u
show n h e r e a r e o v e r - t h e -
c o u n t e r c l o s i n g b i d q u o t a t i o n s i n t h e New Y o rk m a rk et f o r
r itie s
th e l a s t tr a d in g day o f th e month, a s r e p o r te d t o th e T reasu ry
i s s u e d b y F e d e r a l a g e n c i e s a n d g u a r a n t e e d b y t h e U n ite d
b y t h e F e d e r a l R e s e r v e Bank o f New Y o r k .
S t a t e s G ov ern m en t a r e
The s e c u r i t i e s
i s s u e d b y t h e U n it e d S t a t e s T r e a s u r y .
S e c u r itie s
e x c lu d e d .
Table MQ-1. - Treasury Bills
Amount outstanding
(millions)
13-week
26-week
Issue date
Bank discount
Maturity
date
26-week
13-week
Bid
Change from
last month
$ 2,702
2,602
2,504
2,502
2,705
$ 2,104
2,102
2,001
2,004
2,199
3/6/75
3A3/75
3/20/75
3/27/75
4/3/75
12 / 5 /7 4
12/12/74
12/19/74
12/26/74
1/2/75
6/5/75
6A2/75
6A9/75
6/26/75
7/3/75
5.01*
4.95
4.95
4.95
5.02
.35*
.40
.40
.43
.42
2.701
2,69 8
2.702
2.702
2,802
2,304
2,205
2,202
2,301
2,401
4A0/75
4A7/75
4/24/75
5/1/75
5/8/75
1/9/75
1/16/75
1/23/75
1/30/75
2/6/75
7/10/75
7/17/75
7/24/75
7/31/75
8/7/75
5.02
5.04
5.10
5.11
5.20
.44
.44
.40
.39
.43
2,805
2,802
2,803
2,499
2,503
2,550
2.501
2.502
2,502
2,601
2.700
2,801
2,709
2.701
2.701
2,802
2,801
2,801
2,803
5/15/75
5/22/75
5/29/75
2/13/75
2/20/75
2/27/75
3/6/75
3A3/75
3/20/75
3/27/75
4/3/75
4A0/75
4/17/75
8A4/75
8/21/75
8/28/75
9/4/75
9/11/75
9/18/75
9/25/75
10/2/75
10/9/75
10/16/75
5.22
5.21
5.20
5.27
5.27
.42
.49
.58
.59
.60
5.30
5.33
5.35
5.37
5.38
.60
.58
.60
.60
.59
4/24/75
5/1/75
10/23/75
10/30/75
11/6/75
11/13/75
11/20/75
11/28/75
5.43
5.43
5.46
5.47
5.48
5.44
.55
.48
5/8/75
5/15/75
5/22/75
5/29/75
Amount
outstanding
(millions)
Issue
date
52-week
52-week
Bank disount
Maturity
date
Bid
Change from
last month
$ 1,802
1,802
1,806
1.803
1.803
6/4/74
7/2/74
7/30/74
8/27/74
9/24/74
6/3/75
7/1/75
7/29/75
8/26/75
9/23/75
5.02*
5.02
5.10
5.23
5.32
-.29*
-.39
-.42
-.50
-.59
2,003
2,002
2,001
2,001
2,103
2,102
2,205
2,435
2,404
10/22/74
11/19/74
12A7/74
1/14/75
2/11/75
10/21/75
11A8/75
12A6/75
1/13/76
2/10/76
-.56
-.56
-.63
-.61
3/11/75
4/8/75
5/6/75
6/3/75
3/9/76
4/6/76
5/4/76
6/1/76
5.41
5.48
5.48
5.67
5.74
5.75
5.76
5.77
5.78
4.95*
4.96
5.62
-.40*
-.4 2
$ 1,501
2,003
1,586
Special issue
6/19/75
1 1 / 4 /7 4
6/30/75
9/ 4 /7 4
4 A 4 /7 5
1/31/76
- .6 4
-.65
-.5 7
-.6 4
Federal Financing Bank bills and tax anticipation bills
Amount
outstanding
(millions)
Bank discount
Issue
date
Maturity
date
Bid
Change
from last
ja s s iii____
$ 1,256 TAB
6A7/75
12/5/74
4.98*
-.37*
Table MQ-2. - Treasury Notes
(Price decimals are 32ds)
Price
Amount
outstanding
(m illions)
Description
Bid
4,945
2,288
2, €£7
2,802
1,580
5-7/8*
8-3/8
7
7
6-1/4
5-7/8
8
6-1/2
5-3/4
6
2,703
4,194
3,883
1,662
2,023
8-3/4
7-1/2
6-1/2
5-7/8
8-1/4
4,325
1,507
2,282
5,163
1,665
6-1/4
7-1/8
7-1/4
8
6
6-1/2
7-3/8
6-7/8
9
6-3/4
$ 7,679
2,042
3,115
1,731
3,739
2,576
1,579
2,565
5,329
2,134
4,918
3,630
8,389
2,462
3,960
5,155
8,207
2,269
4,559
1,604
2,241
7-3/4
7-3/4
6-1/4
8-3/4
7-1/8
7-5/8
6
7-7/8
6-1/4
6-5/8
7
-
8A5/75-C
9/30/75-G
l l / l 5/75-D
12/31/75-H
2A 5/76-A
-
2A 5/76-F
3/31/76-H
5A 5/76-B
5A 5/76-E
5/31/76-M
-
6/30/76-1
8/15/76-C
8A 5/76-G
8/ 31 / 76 - L
9/30/76-J
-
-
-
-
Footnotes at end of Table MQ-3.
100.02
100.29
100.17
100.22
100.03
99.30
101.16
100.09
99.21
99.26
Yield
Change
from la st
month
To
maturity
5.46*
5.45
5.76
5.76
6.11
5.96
6.11
6.19
6.12
6.20
Price range since f i r s t traded 1 /
Change
from la st
month
- .55$
+ .04
+.02
+ .08
+.12
+ .16
+.20
+.17
+ .20
+.27
+ .24
+ .23
+ .25
+ .30
+1.02
+ .25
6.21
6.40
6.39
6.40
6.52
-.7 7
-.69
-.7 4
-.6 7
-.81
-.7 7
-.6 5
-.8 2
-.7 0
-.8 2
-.7 0
-.7 7
-.8 3
-.6 8
+1.03
+1.02
+1.03
+1.07
+1.11
6.59
6.61
6.65
6.67
6.81
-.7 4
-.7 0
-.7 3
-.79
-.7 7
-.7 7
-.6 7
-.7 4
-.79
11/15/76-D
I I / 3 O/76 -N
12/31/76-K
2A5/77-A
2/28/77-F
102.19
101.08
100.04
99.12
102.05
99.17
100.23
100.28
102.03
98.22
3/31/77-G
4/30/77-H
5/15/77-C
5/15/77-D
5/31/77-1
99.13
100.29
99.30
103.27
99.24
+1.12
+1.05
+1.12
+1.11
8/15/77-B
11/15/77/E
2 / l 5/78-A
8/15/78-C
5 /l 5/78-D
101.17
101.17
97.25
104.05
99.24
+1.09
+1.13
+1.19
+1.21
+1.26
6.85
6.86
6.90
6.85
6.85
6.98
7.05
7.16
7.27
7.22
8/15/78-E
11A 5/78-B
5A5/79-D
8A5/79-A
11A5/79-B
11/15/79-C
100.29
96.11
101.18
96.06
97.08
98.27
+2.00
+2.00
+1.30
+2.00
+2.11
7.27
7.21
7.41
7.32
7.36
7.30
-.6 4
-.6 3
-.6 2
-.6 0
-.6 8
- .6 4
-.59
-.53
-.5 2
-.6 2
Issue
date
High
Price
2 /1 5 /7 1
9/4/73
8/15/71
11/15/73
2A 5/69
8A5/72
4/9/74
5/15/69
2/15/72
3/25/75
5/15/74
10A/69
2A5/73
3/3/75
9/30/74
9/8/71
4/8/75
12/31/74
2A5/70
3/3/75
3/31/75
4/30/75
2A5/74
8/15/74
5/27/75
8/15/70
11/15/74
2 /1 5 /7 1
5A 5 /7 4
2A8/75
5A 5/75
11/15/71
11/6/74
8A5/72
2A5/73
11A5/73
Low
Date
Price
Date
105.00
102.26
106.09
101.00
106.24
3/22/71
12/17/73
1/14/72
2A8/75
3/22/71
95.01
98.04
96.27
96.19
91.20
8/7/73
8/23/74
8/23/74
8/23/74
1/30/70
100.03
102.12
107.24
101.00
99.31
103.18
111.28
100.24
99.26
103.08
2/5/75
2/5/75
3/22/71
2/17/72
3A4/75
94.04
98.00
92.16
93.12
98.27
99.02
97.04
95.04
98.10
99.24
94.02
99.13
99.17
98.08
97.03
97.26
99.15
94.29
99.31
99.16
8/7/73
8/23/74
1/30/70
8/26/73
4/28/75
2/19/75
97.04
99.30
92.06
99.24
97.24
8/26/74
4/28/75
8/23/74
8/23/74
4/28/75
5/20/75
1/14/72
2/21/75
11/25/72
4/9/73
12/20/73
99.29
90.10
99.10
90.04
91.02.
92.16
8/23/74
4/21/75
8/23/74
8/23/74
8/23/74
103.27
99.29
102.00
114.08
99.26
99.27
100.30
101.13
105.19
99.25
114.00
103.19
106.20
106.10
101.28
101.00
101.08
10 4 .0 1
100.20
100.06
101.10
2/5/75
3/22/71
2/19/75
2/21/75
2/20/75
12/28/71
4/1/75
2/19/75
3/22/71
5/21/75
3/20/75
5/21/75
2/21/75
2/21/75
5/21/75
3/22/71
2/21/75
•3/22/71
2 /5 /7 5
8/23/74
8/26/74
8/26/74
5/1/75
10/2/74
8/23/73
4/22/75
4/21/75
8/23/74
4/7/75
4/22/75
4/22/75
8/26/74
8/23/74
5/27/75
5 /7 /7 5
71
June 1975
.MARKET QUOTATIONS ON TREASURY SECURITIES, MAY 30, 1975
Table MQ-2. - Treasury Notes—Continued
(Price decimals are 32d's)
Price
Amount
outstanding
(m illion s)
Description
Yield
Bid
Change
from la st
month
To
maturity
7.48%
7.65
7.67
7.69
7.76
6-7/8%
9
7
7-3/8
7-3/4
5/15/80-A
8/15/80-B
2/15/81-A
2/15/81-C
l l / l 5/81-B
97.16
105.22
96.30
98.18
99.30
+2.04
+1.28
+2.04
+2.04
+2.05
2,746
30
27
11
5
8
1-1/2
1-1/2
1-1/2
1-1/2
5/15/82-A
10/1/75-E0
4/l/76-EA
10/1/76-E0
4A/77-EA
100.28
96.30
94.18
92.02
89.06
+.16
+ .12
+.04
+ .16
17
15
3
2
1
1
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
10/1/77-E0
4A/78-EA
10/1/78-E0
4/1/79-EA
10A /7 9 - E0
4A/80-EA
86.28
84.14
82.06
79.18
77.16
74.22
+ .10
+ .14
+.14
+.14
+.04
+.12
$7,265
4,296
1,842
2,168
4,477
Price range since f ir s t traded 1 /
Issue
date
Change
from la st
month
Low
High
Price
Date
Price
Date
-.52%
-.44
-.46
-.46
-.43
5/15/73
8A 5/74
2/15/74
2A8/75
11/15/74
100.22
108.18
100.26
101.13
103.05
10/9/73
2/19/75
2A4/74
2A9/75
12/18/74
91.16
100.21
91.14
96.06
97.18
8/23/74
8/23/74
8/23/74
4/28/75
4/28/75
7.83
11.15
8.42
7.90
7.97
+ .71
+ .21
+.29
-.09
5/15/75
10/1/70
4A/71
10/1/71
4A/72
100.31
96.14
94.18
99.12
89.12
5/20/75
4/30/75
5/30/75
2/28/75
3/31/75
100.08
76.16
80.02
80.26
80.02
5/27/75
10/30/70
6/30/71
10/29/73
4/28/72
7.77
7.73
7.66
7.77
7.71
7.91
+ .07
.00
-.01
-.02
+ .01
.00
10/1/72
4A/73
10/1/73
4A/74
10/1/74
4/1/75
87.02
3/31/75
3/31/75
3/31/75
3/31/75
5/30/75
4/30/75
80.16
79.16
77.20
75.12
73.04
74.10
10/31/72
9/30/74
84.24
82.20
80.04
77.16
74.10
9|Jl/74
10,
4/30/75
Table MQ-3. - Treasury Bonds
(Price decimals are 32d's)
Price
Amount
out
standing
(m illions)
$1,196
1,450
2,567
1,893
807
2,702
2,353
905
1,216
3,672
MS
233
627
1,914
1,361
725
692
2,810
2,414
902
1,600
1/
Description
4- 1/ 4*
3-1/4
4
3-1/2
7
6-3/8
6-3/8
3-1/4
6-1/8
3-1/2
4
6-3/4
7-1/2
4-1/8
3
7
3-1/2
8-1/2
7-7/8
8-1/4
_
_
-
_
-
_
-
_
_
_
_
Bid
5A5/75-85
6A5/78-83
2A5/80
11A5/80
8A5/81
2 /1 5 /8 2
8/15/84
5/15/85
11A5/86 2 /
2/15/90 1 /
8 A ^ |
2/15/88-93 1 /
2 /1 5 /9 3 i /
8/15/88-93 i /
5A5/89-94 i /
2 /1 5 /9 5 1 /
5/15/93-98 2 /
11/ 15/98 y
5/15/94-99 1 /
2A5/95-00 J /
5/15/00-05 1 /
81.00
78.20
86.28
83.14
97.20
93.00
93.04
78.18
90.12
78.14
100.24
79.16
78.20
88.30
95.14
78.20
78.14
88.30
78.10
101.16
96.00
98.30
Yield
Change
from
la st
month
Price range since f ir s t traded 1 /
+2.04
+2.04
+1.28
+1.10
+1.06
To f ir s t
c a ll or
maturity
2/
6.92%
6.73
7.35
7.23
7.48
Change
from
la st
month
-.32%
-.3 6
-.4 6
-.2 7
-.24
+.26
+1.00
+2.26
+.02
+2.26
+2.04
+2.24
+2.18
+2.00
+2.02
7.73
7.41
6.16
7.38
5.68
8.16
6.20
5.97
7.92
7.97
-.14
-.15
-.42
.00
-.32
2A5/72
8A5/72
6/3/58
11/15/71
2/L4/58
-1 3 6
+2.10
+2.26
+2.14
+2.24
+1.30
+2.08
6.03
4.68
8.06
5.09
8.35
8.23
8.35
-.24
-.25
-.2 6
-.2 4
-.18
-.2 1
8 $ $
1/17/63
lA o/73
8A 5/73
4A8/63
Beginning April 1953, prices are closing bid quotations in the overthe-counter market. Prices fo r prior dates are the mean of closing
bid and ask quotations. ’'When issued" prices are included in the
history beginning October 1941. Dates o f highs and lows in case o f
recurrences are the la test dates.
-.2 7
-.23
-.2 2
2/
^/
Price
4/ 5/60
10/3/60
8A5/71
2 /1 5 /5 5
5/15/73
10/3/60
5/15/74
2/18/75
5/15/75
Low
High
Issue
date
105.26
111.28
103.18
97.24
110.02
101.14
99.24
101.04
100.20
106.26
101.12
104.10
100.11
99.22
104.14
100.26
101.12
99.22
95.14
106.18
100.30
99.27
Date
5/ 5 /6 1
8 / 4 /5 4
5/12/61
5A2/61
11A5/71
3/9/72
llA 5/72
6A1/58
11/5/71
4/21/58
1
«
1A6/63
1/4/73
9/28/73
8/28/63
6A8/55
9/28/73
5A2/61
2 /2 1 /7 5
2/21/75
5 /1 9 /7 5
Price
Date
66.30
62.02
71.04
66.24
93.16
5/26/70
5/26/70
12/29/69
5/24/70
9A8/74
86.16
87.12
61.08
87.16
59.20
98.12
63.00
62.18
82.18
89.16
61.26
59.20
84.04
59.20
97.02
93.14
98.08
8/28/74
8/27/74
5/26/70
8/27/74
5/26/70
5/26/70
8/26/74
8/26/74
8/26/74
5/26/70
8/26/74
5/26/70
8/26/74
4/28/75
5/29/75
On callable issues market convention troats the yields to earliest
c a ll date as more sign ifican t when an issue is sellin g above par,
and to maturity when i t is sellin g at par or below.
Included in the average yield o f long-term taxable Treasury bonds
as shown under "Average Yields o f Long-Term Bonds.'*
YIELD S OF TREASURY SECU RITIES MAY 30, 1975
B a s e d o n c lo s in g b id q u o t a t io n s
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
£
I
M
H
£>
C2
O
H
>
HH
o
§
§
H
>
a
s
CO
w
o
CJ
50
w
CD
k
>
><
CO
o
CD
C*
June 1975
73
_________________________________ AVERAGE YIELDS OP LONG -TERM B »w n a
Table AY-1. - Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds by Periods
Treasury
bonds 1 /
Period
Aa new
corporate
bonds 2 /
S. I. A.
new Aa
municipal
bonds 2 /
1964
Feb.........................
Mar.........................
May.........................
July.......................
Sept.......................
Oct.........................
Nov.........................
Feb.........................
Mar.........................
July.......................
Aug.........................
Sept.......................
4.40
4.47
4.45
4.51
4.76
4.86
5.53
5.35
5.55
5.59
5.90
6.06
3.40
3.50
3.50
3.55
3.83
3.90
4.86
4.95
4.99
5.19
5.44
5.36
6.06
6.30
6.33
6.53
6.87
6.93
1968
3.90
3.85
4.00
4.10
4.30
4.35
3.00
3.08
3.10
3.05
3.10
3.20
3.20
3.15
3.30
3.30
3.35
3.45
5.18
5.16
5.39
5.28
5.40
5.23
5.09
5.04
5.09
5.24
5.36
5.66
6.57
6.57
6.80
6.79
7.00
7.02
4.10
4.25
4.35
4.23
4.37
4.47
6.91
6.54
6.69
6.88
7.00
7.28
4.45
4.20
4.30
4.30
4.50
4.63
5.92
5.84
5.71
5.75
5.96
5.94
5.91
5.78
5.56
5.46
5.48
5.62
4.93
5.09
5.33
5.38
5.55
5.67
3.65
3.63
3.65
3.45
3.60
3.70
5.74
5.86
6.05
5.84
5.85
6.05
4.75
4.80
5.10
5.13
5.20
5.60
5.62
5.67
5.66
5.74
5.64
5.59
5.81
6.04
6.14
6.04
6.11
5.98
3.80
4.10
3.93
3.85
3.90
3.80
6.07
6.02
6.32
6.27
6.52
6.81
5.60
5.90
6.05
5.90
6.05
6.65
5.59
5.59
5.70
5.69
5.51
5.63
4.15
4 .H
4.18
4.20
4.16
4.13
4.13
4.14
4.16
4.16
4.12
4.14
4.44
4.44
4.49
4.49
4.48
4.49
1965
4.14
4.16
4.15
4.15
4.14
4.14
4.15
4.19
4.25
4.28
4.34
4.43
1 /
4.45
4.45
4.49
4.48
4.52
4.57
4.57
4.66
4.71
4.70
4.75
4.92
$ /
1966
Feb.........................
Mar.........................
May.........................
Period
4.43
4.61
4.63
4.55
4.57
4.63
4.75
4.80
4.79
4.70
4.74
4.65
Treasury
bonds 1 /
6.86
6.44
6.39
6.53
6.94
6.99
6.57
6.75
6.63
6.59
6.24
5.97
3.08
3.05
3.15
3.18
3.15
3.20
3.10
3.10
3.15
3.15
3.12
3.10
4.50
4.39
4.45
4.48
4.48
4.50
2 /
1
S. I . A. |
I Treasury Aa new
| Treasury
corporate new Aa
1 bonds 1 /
municipal | bonds 1 /
bonds
2
/
1
bonds 2 / 1
Monthly series - averages o f daily or weekly
1967
Aa new
corporate
bonds 2 J
Aa new
corporate
bonds 2 /
S. I . A.
new Aa
municipal
bonds 2 l
Period
Treasury
bonds 1 /
Aa new
corporate
bonds 2 /
Treasury
bonds 1 /
series
1970
1 /
2 /
A /
6.55
6.25
6.15
6.60
7.00
7.10
5.96
6.14
6.20
6.11
6.25
6.32
9.09
9.08
9.00
9.14
8.97
8.13
1971
6.22
6.00
6.15
6.25
6.05
5.20
6.53
6.85 4 /
6.41
6.25
6.30
6.35
7.63
7.54
7.62
7.76
8.25
8.15
5.40
5.10
5.00
5.11
5.80
5.89
5.96
5.62
5.20
4.87
4.92
5.02
6.56
6.54
6.81
7.04
7.09
7.02
7.36
7.57
7.53
7.77
7.61
7.63
7.72
7.59
7.72
7.66
7.46
7.50
A /
S. I. A.
new Aa
municipal
bonds 2 J
Aa new
corporate
bonds 2 /
S. I . A.
new Aa
municipal
bonds 2 /
1973
9.00
8.84
9.00
9.09
9.53
9.70
8.24
8.14
7.90
7.72
7.67
7.54
1972
1969
7.29
7.33
7.76
7.54
7.62
8.04
8.06
8.05
8.36
8.46
8.94
9.22
S. I . A.
new Aa
municipal
bonds 2 /
7.18
7.33
7.30
7.22
6.93
6.77
A /
A /
1 /
6.68 4 /
6.66
6.77 A /
7.05
7.00 4 /5 /
7.61
7.67
7.75
7.70
7.69
7.73
7.97
8.45
8.10
7.97
7.95
8.09
1974
4.99
5.11
5.22
5.02
5.04
5.13
5.22
5.40
4.98
4.98
5.14
4.97
8.32
8.21
8.60
9.04
9.39
9.59
10.18
10.30
10.44
10.29
9.22
9.47
1975
5.19
5.25
5.42
5.61
5.89
5.92
6.75
6.55
6.64
6.33
6.33
6.86
9.17
8.84
9.48
9.81
9.76
6.50
6.30
6.69
6.85
6.96
Treasury
bonds 1 /
Aa new
corporate
bonds Z J
S. I . A.
new Aa
municipal
bonds 2 /
4 ....
1 1 ....
1 8 ....
2 5 ....
6.98
7.05
7.03
7.08
9.76
9.66
9.70
9.90
6.79
6.92
7.00
6.64
2 ....
9 ....
1 6 ....
2 3 ....
3 0 ....
7.09
10.03
9.90
9.76
9.70
9.67
7.35
n.a.
6.50
6.97
6.74
4.99
5.06
5.29
5.30
5.22
5.26
5.28
5.19
5.26
5.09
4.94
4.97
Period
Weekly series - average for weeks ending 1974
1975
Jan.
1/
2/
13........
20........
27........
6.89
6.74
6.70
6.77
9.43
9.40
9.49
9.55
6.88
6.87
6.85
n.a.
3 ........
10........
17........
24........
31........
6.76
6.68
6.66
6.69
6.69 4 /
9.48
9.32
9.12
8.98
8.93
n.a.
7.00
6.71
6.31
6.13
1975
Feb.
Mar.
7 ___
1 4 ....
2 1 . ...
2 8 ....
6.68
6.68
6.63
6.66
7 ___
1 4 ....
2 1 ....
2 8 ....
6.67
6.67
6.80
6.94
y
Treasury bond yields are based on a composite of closing bid quotations
in the over-the-counter market. Series includes bonds on which the
interest income is subject to normal tax and surtax which are neither
due nor callable before 10 years. For bonds currently in series, see
Table MQ-3.
Treasury series based on reoffering yields o f new corporate bonds with
5 years ca ll protection and rated Aa by Moody’ s Investors Service.
Prior to June 1973, this series reflected bonds without c a ll protec-
8.84
8.77
8.78
8.95
6.40
6.25
6.21
6.41
9.01
9.24
9.82
9.83
6.40
6.65
6.60
6.88
1975
Apr.
Vilay
7 .0 2
7.00
6.97
7.03
y
y
tion. The value of 5 years ca ll protection in that period ranged from
10 to 25 basis points.
2 /
Index o f new issue reoffering yields on Aa 20 year general obligations
compiled by Securities Industry Association. Weekly series are not
available prior to January 1970.
A / One on? more new long-term bonds added to the average.
5 / An existing bond dropped from the average.
n.a. Not available.
AVERAGE YIELDS OF LONG-TERM TREASURY, CORPORATE, AND MUNICIPAL BONDS
PERCENT
PERCENT
1 0 .0
1 0 .0
9 .0
>
<
B
5d
8 .0
>
o
w
7 .0
H
f
O
co
O
*D
f
o
z
o
6 .0
H
a
»
Cfl
o
z
5 .0
o
co
4 .0
I
3 .0
ba
1965
*
1966
1967
1968
1969
C h a n g e in A a c o m p u t a t i o n m e t h o d e f f e c t i v e J u n e 1 9 7 3 .
1970
1971
1972
S e e f o o t n o t e 2 f o l l o w i n g t a b l e A Y -1 .
1973
1974
1975
§■
3*
75
June 1975
_
_
_
_
_
_
_
NATIONAL BANK REPORTS_____________________________
Table NBR-1. - Current Operating Income and Expenses, and Dividends of National Banks
Calendar Year 1974
(Dollar amounts in m illions)
Number o f banks
4,708
1f .
Capital funds*
Capital stock, par value: 2 /
Preferred..................................
Common........................................
27
8,179
Total capital stock ..
8,206
Total capital funds 2 /.
34,647
OPERATING INCOME!
Interest and fees on loans......................................................................................................
Income on Federal funds sold and securities purchased under agreements to resell.
Interest and dividends on investments:
U S Treasury securities......................................................................................................
Securities o f other U.S. Government agencies and corporations................................
Obligations o f States and p o litica l subdivisions.........................................................
Other secu rities.....................................................................................................................
Trust department income............................................. .............................................................
Service charges on deposit accounts.....................................................................................
Other service charges, collection and exchange charges, commissions, and f e e s ....
Other operating income..............................................................................................................
28,419
2,173
1,753
1,018
2,531
258
854
827
939
1,676
Total operating income.
40,448
OPERATING EXPENSE:
Salaries and wages o f o ffice r s and employees..............................................................................
Pensions and other employee benefits............................................................................................
Interest on deposits...........................................................................................................................
Expense o f Federal funds purchased and securities sold under agreements to repurchase.
Interest on borrowed money................................................................................................................
Interest on capital notes and debentures.....................................................................................
Occupancy expenses o f bank premises, n et.....................................................................................
Furniture and equipment, depreciation, rental costs, servicing, e tc ..................................
Provision for loan losses (or actual net loan lo s s e s ).............................................................
Other operating expenses....................................................................................................................
Total operating expense.
5,593
1,034
16,585
4,277
519
147
1,147
812
1,392
3,735
35,241
INCOME BEFORE INCOME TAXES AND SECURITIES GAINS OR LOSSES.
5,207
APPLICABLE INCOME TAXES.................................................................
1,123
INCOME BEFORE SECURITIES GAINS OR LOSSES................................
4,084
NET SECURITIES LOSSES (after tax e f fe c t ) ................................
-42
NET INCOME BEFORE EXTRAORDINARY ITEMS......................................
4,042
EXTRAORDINARY CREDIT......................................................................
3
LESS MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES............
NET TNCOMF.........................................................................................
4,045
Dividends on Capital:
On preferred stock ..
On common stock........
1
1,670
Ratios:
Net income, before dividends, to capital funds.
Cash dividends to capital funds.............................
Source:
O ffice o f the Comptroller o f the Currency
1/
Includes a ll banks operating as National Banks at year end.
11.67
4.82
2/
*
Averages o f amounts reported for the three c a ll dates o f June and
December in the current year and December in the preceding year.
Less than $500,000.
76
Treasury Bulletin
.INTERNATIONAL FINANCIAL STATISTICS
T a b le IF S -3 p r e s e n t s an a r e a breakdow n o f U n ited S t a t e s
l i q u i d and n o n liq u id l i a b i l i t i e s t o o f f i c i a l i n s t i t u t i o n s o f
fo r e ig n c o u n t r ie s .
The t a b l e s i n t h i s s e c t i o n a r e d e s ig n e d t o p r o v id e d a ta
o n U n ited S t a t e s r e s e r v e a s s e t s and l i a b i l i t i e s and o t h e r
s t a t i s t i c s r e l a t e d t o t h e U n ited S t a t e s b a la n c e o f paym ents
and i n t e r n a t i o n a l f i n a n c i a l p o s i t i o n .
A number o f ch an ges
w ere in t r o d u c e d i n t h e May 1967 and J u ly 1972 is s u e s o f th e
B u l l e t i n t o in c r e a s e t h e u s e f u l n e s s o f t h i s s e c t i o n .
T a b le IF S -4 shows U n ited S t a t e s T r e a s u ry n onm arketable
b on d s and n o t e s is s u e d t o o f f i c i a l i n s t i t u t i o n s o f f o r e i g n
c o u n tr ie s .
T a b le IF S -1 shows t h e r e s e r v e a s s e t s o f th e U n ited S t a t e s ,
in c lu d i n g i t s g o l d s t o c k , s p e c i a l draw in g r i g h t s h e ld in t h e
S p e c i a l Draw ing A ccou n t i n t h e I n t e r n a t io n a l M onetary Fund,
h o ld in g s o f c o n v e r t i b l e f o r e i g n c u r r e n c i e s , and r e s e r v e p o
s i t i o n i n t h e I n t e r n a t io n a l M onetary Fund.
T a b le IF S -5 s e t s f o r t h t h e f a c t o r s w h ich a f f e c t th e
U n ited S t a t e s p o s i t i o n
i n t h e I n t e r n a t io n a l M onetary Fund.
T a b le IFS - 6
p r e s e n t s U n ited S t a t e s n e t m on etary g o ld
t r a n s a c t i o n s w it h f o r e i g n c o u n t r i e s and in t e r n a t i o n a l and
r e g io n a l o r g a n iz a tio n s .
T a b le IE S -2 b r i n g s t o g e t h e r s t a t i s t i c s on l i q u i d and
n o n liq u id l i a b i l i t i e s t o f o r e i g n o f f i c i a l i n s t i t u t i o n s , and
l i q u i d l i a b i l i t i e s t o a l l o t h e r f o r e i g n e r s , w h ich a r e u sed
i n t h e U n ite d S t a t e s b a la n c e -o f-p a y m e n t s s t a t i s t i c s .
T a b le IF S -7 p r e s e n t s a m easure o f w e ig h te d -a v e r a g e
c h a n g es i n exch a n ge r a t e s b etw een t h e U n ite d S t a t e s d o l l a r
and t h e c u r r e n c i e s o f c e r t a i n o t h e r c o u n t r i e s .
Table IFS-1. - U.S. Reserve Assets
(In millions of dollars)
Gold stock 1 /
End o f
calendar year
or month
1958...........................................................
1959...........................................................
1963...........................................................
1965...........................................................
1966...........................................................
1969...........................................................
1974-May...................................................
July..................................................
Dec...................................................
1975-Jan...................................................
Feb....................................................
Mar....................................................
Apr....................................................
May....................................................
1/
'
Total
reserve
assets
Total
Treasury 2 /
24,832
22,540
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
15,710
16,964 I j
14,487
12,167 8 /
13,151 2 /
14,378 10/
15,883 1 1 /
14,870
14,946
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806 6 /
13,235
12,065
10,892
11,859
11,072
10,206
10,487 2 /
11,652 I g /
11,652
11,652
11,652
11,567 1 0/
11,652
11,567
11,567
14,912
15,460
15,893
15,890
15,840
15,883
15,948
16,132
16,256
16,183
16,280
11,652
11,652
11,652
11,652
11,652
11,652
11,567
11,567
11,567
11,567
11,567
11,652
11,635
11,621
11,620
11,620
11,620
11,635
11,621
11,620
11,620
11,620
11/
11/
11/
11/
H/
11/
11/
11/
H/
11/
H/
,
Includes gold sold to the United States by the International Monetary
Fund with the right o f repurchase, and gold deposited by the Interna
tional Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose o f making gold subscriptions to the
Fund under quota increases. For corresponding lia b ilit ie s see Table
IFS-2.
2 / Prior to December 1974, excludes gold held by the Exchange Stabili
zation Fund. On December 9, 1974, the Treasury acquired a ll gold
held by the Exchange Stabilization Fund. See "Account o f the U.S.
Treasuiy," Table UST-4.
2 / Includes in itia l allocation on January 1, 1970 o f $867 m illion, second
allocation on January 1, 1971 o f $717 million and third allocation
on Januaiy 1, 1972 o f $710 million o f special drawing rights (SDR)
in the Special Drawing Account in the International Monetary Fund,
plus or minus transactions in SDR.
y
Includes holdings o f Treasury and Federal Reserve System.
2 /
The United States has the right to purchase foreign currencies equiva
lent to its reserve position in the Fund automatically i f needed.
Under appropriate conditions the United States could purchase addi
tional amounts equal to the United States quota. See Table IFS-5.
6 / Reserve'position includes, and gold stock excludes, $259 m illion gold
subscription to the Fund in June 1965 for a U.S. quota increase which
became effective on February 23, 1966. In figures published by the
Fund from June 1965 through January 1966, this gold subscription was
included in the U.S. gold stock and excluded from the reserve posi
tion .
2 / Includes gain o f $67 million resulting from revaluation o f the Ger
man mark in October 1969, o f which $13 m illion represents gain on
German mark holdings at the time o f revaluation. See also footnotes
22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733 6 /
13,159
11,982
10,367
10,367
10,732
10,132
,
10 ,4 1 0
y
Special
drawing
rights 2
/
_
_
«
_
_
_
_
_
_
_
-
_
_
_
-
851
1,100
1,958 2 /
2,166 10/
2,374 U /
2,163
2,195
2,227
2,200
2,282
2,306
2,329
2,374
2,403
2,444
2,423
2,393
2,438
Convertible
foreign
currencies i
11/
H/
H/
H/
11/
11/
11/
11/
11/
11/
11/
_
_
116
99
212
432
781
1,321
2,345
3,528
2,781 7 /
629
276 8 /
241
8
5
66
94
12
224
246
193
43
5
2
2
19
2
4
j
Reserve
position in
Intemat ional
Monetary Fund jj/
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 6 /
326
420
1,290
2,324
1,935
585
465 2 /
552 10/
1,852 2 1 /
989
1,005
1,021
1,384
1,713
1,739
1,816
1,852
1,908
2,065
2,194
H/
11/
11/
11/
H/
H/
H/
11/
H/
2,16 8 11/
2,218 H /
3 and 4, Table IFS-4.
Includes $28 m illion increase in dollar value of foreign currencies
revalued to r e fle c t market exchange rates as o f December 31, 1971.
See also footnotes 3 and 5, Table IFS-4.
2 /
Total reserve assets include increase o f $1,016 million resulting from
change in par value of the U.S. dollar in May 1972, consisting of
$828 m illion tota l gold stock, $822 m illion Treasury gold stock, $155
million special drawi-ng rights and $33 m illion reserve position in
the International Monetary Fund.
10/ Total reserve assets include increase of $1,436 m illion resulting from
change in par value o f the dollar on October 18, 1973, consisting of
$1,165 m illion tota l gold stock, $1,157 million Treasury gold stock,
$217 m illion special drawing rights, and $54 m illion reserve position
in the International Monetary Fund.
11/ Beginning July 1974, the IMF adopted a technique for valuing the SDR
based' on a weighted average o f exchange rates for the currencies o f
16 member countries. The United States SDR holdings and reserve
position in the IMF are also valued on this basis beginning July
1974. At valuation used prior to July 1974 (SDR 1=$1.20635), the
following end-of-month values amounted to (in millions o f dollars):
SDR holdings
U.S. reserve position
U.S. to ta l
ia et]----------1» the W ___________
reserves
1974-July
2,233
1,024
14,921
Aug.
2,240
1,407
15,523
Sept.
2,318
1,733
15,949
Oct.
2 ,326
1,748
15,919
Nov2,326
1,807
15,828
1)60 •
2,338
1,817
15,812
1975-Jan.
2,338
1,851
15,826
Feb.
2,338
1,972
15,933
8/
77
June 1975
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-2. - U.S. Liquid and Other Liabilities to Foreign Official Institutions,
and Liquid Liabilities to All Other Foreigners
(In millions o f dollars)
--------------------- L U B im rea t6 foreign countries '
End o f
calendar
year
or month
Total
Liquid
Liabil
itie s
to IMF
arising
from
gold
trans
actions
O fficia l institutions 2 /
Liquid lia b ilit ie s
to other foreigners
Liquid
Total
Short
term
lia b il
itie s
reported
by banks
in U.S.
Aarketible
J.S.
rreasury
x>nds
md
notes 2 /
Un
market
able
onvertible U.S.
rreasury
bonds
and
notes
Other
readily
market
able
l ia b il
itie s 4/
Non
marketable
nonconvert
ible U.S.
Treasury
bonds and
notes 5 /
Liquid
Liabil
ities
to
banks 6/
Total
n.a.
n.a.
966
3,472
3,520
4,678
n.a.
n.a.
2,940
11,078
11,088
7,917
8,665
9,154
10,212
10,212
866
876
4.818
4.818
800
800
11,830
11,830
10.940
10.940
890
890
24,268
24,268
800
800
200
200
800
800
11,997
11,963
12.467
12.467
751
751
26,433
26,394
63
63
800
800
1966 10/.
29,313
29,364
29,569
31,145
31,020
12,948
12,914
14,459
14,425
15,790
15.786
15,826
5,404
5,484
5.346
5.346
14,841
14,896
1967 10/.
35,819
35,667
1.033
1.033
1,030
1,030
1.019
1.019
1957.
1958.
1959.
15,825 2 /
16,845 2 /
19,428
200
200
500
n.a.
n.a.
10,120
1960 10/.
20,994
21,027
800
800
1961 10/.
22,853
22,936
1962 10/.
1963 10/.
n.a.
n .a.
541
764
1,047
1,190
2,773
2,780
543
550
2,871
2,873
2,355
2,357
516
516
2.565
2.565
3.046
3.046
448
448
5.817
5.817
3.013
3.013
3,397
3,387
204
204
334
328
328
7,271
7,303
7,419
10,116
9,936
3,730
3,753
4,059
4,273
4,272
3,354
3,377
1,525
1,541
1.948
1.949
2,161
2,195
1,960
1,965
1.722
1.722
741
741
2,518
2,518
11,209
11,085
14.472
14.472
4,685
4,678
2.515
2.515
23,638
23,645
4,464
4,589
695
695
3.023
3.023
144
144
3,371
3,441
3,639
17,137
17,169
10,262
10,949
4,676
4,604
4,138
4,141
14,666
703
703
1.079
1.079
1,201
9
9
158
158
12,484
12,539
256
256
18,201
18,194
17,407
17,340
14,034
14,027
908
908
11,318
11,318
529
462
711
711
701
701
913
913
1.807
1.807
15,975 H /
15,998
11,054
11,077
346
346
555 13}
555
566
566
23.786
23,775
19.333
19.333
306
295
544
544
51,209
50,651
61,526
39,679
39,018
40,000
1.955
1.955
5,236
429
429
6,060
6,093
12,108
S6,814rl2/
43,923r
5,701
12,319 12/ 1,661
?6,624r
S7,174r
' ",193r
70,030r
53,035r
45,195r
46,209r
47,465r
5.059
5,020
5.013
5.013
12,330
12.330
12.330
12.330
2,333r
1,419
l,431r
l,567r
3.867
3.210
3.210
3.655
71,117r
48,455r
5.013
71,029r
48,440r
4,940
72,716r
50,149r
4,880
73,823r
50,921r
4,880
75,l85r
51,858r
4,906
76,624r
53,035r
5.059
75,918r
51,824r
5,177
54,200
78,625
5,359
79,176
53,696
6,003
53,490
5,938
79,015
12 1,2 06
Note:
Table is based on Treasury Department data and on data reported
to the Treasury Department by banks and brokers in the United States.
Data correspond generally to statistics following in this section and
in the ’’Capital Movements” section, except for the exclusion o f
nonmarketable , nonconvertible U.S. Treasury notes issued to foreign
o f f ic i a l nonreserve agencies and the inclusion o f investments by
foreign o f fic i a l reserve agencies in debt securities o f U.S. Federally-sponsored agencies and U.S. corporations. Table excludes
International Monetary Fund "holdings o f d o lla r s ,” and holdings o f
U.S. Treasury letters o f credit andnonnegotiable, noninterest-bearing
special U.S. notes held by other international and regional organ
izations .
1/
Includes lia b ilit y on gold deposited by the International Monetary
Fund to mitigate the impact on the U.S. gold stock of foreign pur
chases fo r gold subscriptions to the Fund under quota increases,
and U.S. Government obligations at cost value and funds awaiting
investment obtained from proceeds o f sales o f gold by the Inter
national Monetary Fund to the United States to acquire income-earning
assets.
Includes Bank for International Settlements and European Fund.
2/
Derived by applying reported transactions to benchmark data; break
2/
down o f transactions by type o f holder estimated 1960-1963.
Includes long-term lia b ilit ie s reported by banks in the United
States and debt securities o f U.S. Federally-sponsored agencies
and U.S. corporations.
Excludes notes issued to foreign o f f ic i a l nonreserve agencies.
Includes short-term lia b ilit ie s payable in dollars to foreign bankst
and short-term lia b ilit ie s payable in foreign currencies to foreign
banks and to ’’other foreign ers.”
Includes marketable U.S. Government bonds and notes held by foreign
1 /
12.330
12.330
12.330
12.330
12.330
12.330
12.457
12.457
12.457
12.457
1,664
l,664r
l,702r
l,825r
2,224r
2,333r
2,593r
2,742
3,153
3,223
3.655
3.655
3.655
3.867
3.867
3.867
3.867
3.867
3.867
3,907
196 5
1968 10/.
1969 10/.
1970 1 0 /.
1971 10/ l g / .
197 2
197 3
1974
1974-Apr..
May..
June.
July.
Aug..
Sept.
Oct..
Nov..
Dec..
1975-Jan...
F eb...
Mar .p.
Apr .p.
%
38,687
38,473
45,755 11f
45,914
47,009
46,960
67,681
67,808
82,861
92,443rl y
119,025r
97,859r
101,317r
104,059r
107,U6r
109,991r
110,761r
112,084r
115,762r
119,025r
118,191r
119,528
120,163
834
1,011
1,011
13,224
13,220
13,066
8/
2/
10/
11/
12/
12/
n .a.
p
y
2,252
2,430
2,399
2,230
2,230
1,217
1,183
1.125
1.125
1,105
860
860
1964 10/.
Short
Market
term
able
l i a b il
U.S.
itie s
Gov't,
reported bonds
by banks and notes
in U.S.
2/ 2 /
iquid
Liabiliies
:o nonnonetary
Interna
tional
md re
gional
organi
sations
120
2.341
2.341
1.505
1.505
543
3,587
351
341
376
376
472
3,743
3,7 /4
4,127
4,120
528
528
1,431
906
905
558
558
691
677
609
465
725
722
525
525
659
663
647
565
844
846
447
447
1,528
1,523
5,043
4.444
4.444
3,939
4,064
4,029
4,039
3,691
3,69^
4,618
425
1,626
5,932r
5,502r
430
2,003
30,330r
22,547r
24,644r
25,119r
8.783
8.285
6,372r
6,511r
6,776r
3,288r
1,349
l,603r
l,771r
26,816r
29,373r
28,045r
28,071r
29,770r
30,330r
7,312r
7,494r
8 ,OlOr
8,070r
8,336r
8.783
8,692
9,050
9,002
8,823
498
417
366
363
377
366
393
431
481
498
508
610
608
624
3,210 12/ 17,694r
29,429r
27,649
27,841
29,329
5,053
4,909
6,789r
6,877r
7,139r
6,935r
7,128r
7 ,617r
7,639r
7,855r
8.285
8,184
8,440
8,394
8,199
1,871
2,095
l,990r
2 ,120r
2,471r
3,288r
4,152r
4,204
4,144
4,039
banks.
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development Bank.
Includes total foreign holdings of U.S. Government bonds and notes,
for which breakdown by type of holder is not available.
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to those shewn 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 banks are included in
the series for the first time; and foreign currency liabilities to
official institutions of foreign countries are increased in value by
$110 million to reflect market exchange rates as of December 31, 1971,
as follows: U.S. Treasury certificates, $7 million; nonmarketable
convertible U.S. Treasury bonds and notes, $33 million; and non
marketable 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. Treasury notes, $128
million; and nonmarketable nonconvertible U.S. Treasury notes, $19
million.
Not available.
Preliminary.
r
Revised.
78
Treasury Bulletin
INTERNATIONA!,
FINANCIAL
STATISTICS
Table IFS-3. - U.S. Liquid and Other Liabilities to Official Institutions
of Foreign Countries, by Area
(In m illions of dollars)
Total
foreign
countries
Western
Europe
1/
196 3
14,425
196 4
15.786
196 5
Canada
Latin
American
Republics
8,508
1,789
1,058
2,740 .
154
1,812
160
178
1,702
1,283
1,550
3,028
15,826
9,325
8,826
........
14,841
14,896
7.772
7.772
1.333
1.333
1,310
1,310
194
278
278
245
248
248
10,321
8,070
8,062
1 ,3 1 0
1,582
3,309
3,900
3,955
4,428
250
303
1,867
1,866
1.865
1.865
1,888
1,911
5,043
4,997
303
302
4.552
4.552
259
248
546
546
End o f
calendar year
or month
1966
2 /
196 7
1968
2 /
........
18,194
17,407
17,340
1969
2 /
........
15,975 4 /
15,998 4 /
1970
2 /
........
1971
2 /
7.074 4 /
7.074 5 /
1.624
1.624
Asia
Africa
Other
countries
2/
176
291
2^1
13,620
13,615
30,010
30,134
2.951
2.951
3.980
3.980
1,681
1,681
4,713
4,708
407
407
1,414
1,429
6 1,52 6
34,197
4,279
1,733
14,519
13,823
17,577
415
415
777
414
413
871
870
2,963
66 , 814 r£,
45,717 £ /
3,353
2,544
10,887r
V88
•3,025r
76,624r
44,151r
3,662r
4.419
I 8 , 604 r
3.161
2.627
1974-Ap r
May.. . .
June.. .
67,174r
68,193r
70,030r
42,638
42,951
43,200
4,309
4,302
4,201
3,540r
3,409r
4 , 022 r
12,372r
1 3 , 006 r
1 4 , 012 r
2,913
2,905
2,741
J u ly ...
A u g....
S ept...
Oct___
Nov___
Dec.. . .
71,117r
71,029r
72,716r
73,823r
75,I85r
76,624r
43,002
42,292
42,649r
43,007r
43,179r
44,151r
4,125
3,953
3,819
3,805r
3,705r
3,662r
3,951
4,157r
4,445r
4,046
3,768r
4.419
15,235r
15,554r
I6,299r
17,329r
18,673r
18 , 604r
1,402
1,620
1,854
2,055
2,272
2,850
2,947
3,204
3.161
1975-Jan.. . .
?eb___
Mar. p.
Apr. p.
75,918r
78,625
79,176
79,015
43,289r
44,706
45,823
44,983
3,621r
3,616
3,546
3,251
3,659
4,223
4,390
4,506
19,555r
20,274
19,396
20,072
3,232
3,356
3,433
3,493
23.786
y 23,775
1 /. •
197 2
1973..
.
1974.............
51,209
_ 50,651.
Note:
Data represent short-term and long-term lia b ilit ie s to the o f f i
cia l institutions o f foreign countries, as reported by banks in the
United States; foreign o f fic i a l holdings o f marketable and nonmarketable U.S. Government securities with an original maturity o f more
than one year except for nonmarketable notes issued to foreign o f f i c ia l nonreserve agencies; and investments by foreign o f f ic i a l reserve
agencies in debt securities o f U.S. Federally-sponsored agencies and
U.S. corporations. The table does not include certain nonliquid
lia b ilit ie s to foreign o f fic i a l institutions which enter into the cal
culation o f the o f f ic i a l reserve transactions balance by the Depart
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.
1 / Data on the two lines shorn for this date d iffe r because o f changes in
reporting coverage. Figures on the f ir s t lin e are comparable in
2,749
2,801r
2,654
2,689
2,656r
2.627
2,562
2,450
2,588
2,710
coverage to those shown for the preceding date; figures on the SeioAd
lin e are comparable to those shewn for the following date.
Includes $101 m illion increase in dollar value o f foreign currency
U
lia b ilit ie s due to revaluation o f the German mark in October 1969.
j>/ Data on the second lin e d iffe r from those on the f i r s t lin e because
certain accounts previously cla ssified as " o f f i c i a l institutions" are
included with "banks"; a number of reporting banks are included in the
series for the f ir s t time; and U.S. Treasury lia b ilit ie s payable in
foreign currencies to o f f ic i a l institutions o f foreign countries are
increased in value by $110 m illion to re fle c t market exchange rates
as o f December 31, 1971.
Includes $162 million increase in dollar value of foreign currency
6/
lia b ilit ie s revalued to r e fle c t market exchange rates.
p
Preliminary.
r Revised.
June 1975
79
___________________________________ INTERNATIONAL FINANCIAL OTtTiaTing
Table IFS-4. - Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions of Foreign Countries
(In millions o f dollars or dollar equivalent)
Payable in dollars
End of
calendar
year
or month
Total
_
_
163
354
484
353
516
1,69^
1,431
2,480
7,829
14,333
14,210
14,867
32
32
32
32
20
-
15,682
16,127
16,127
16,127
16,127
16,339
16,339
16,339
14,210
14,655
_
16,466
16,466
16,466
16,507
18,067
14,867
14,867
14,867
14,907
16,467
251
893
1,440
1,792
695
1,563
3,330
3,1814
3,563
9,6572
15,872
15,6696, ’
16,339
1974-May............................................
1975-Jan............................................
Feb............................................
Canada
Denmark
y
1962...................................................
1963....................................................
1964....................................................
1965...................................................
1966...................................................
1967........................................ *..........
1968...................................................
1969....................................................
1970...................................................
1971....................................................
1972....................................................
1973....................................................
1974....................................................
Oct............................................
Belgium
Total
-
14,655
14,655
14,655
14,867
14,867
14,867
_
-
-
Germany
Italy
2/
_
_
_
_
5,000
11,315
11,670
12,327
13
160
184
177
146
135
25
22
22
-
15
15
15
15
15
25
25
25
25
25
25
-
-
-
-
-
20
20
20
20
20
-
_
20
-
125
329
299
144
314
1,334
1,129
2,289
2,640
2,840
2,540
2,540
2,540
2,540
2,540
2,540
2,540
2,540
2,540
2,540
2,540
2,540
2,540
2,340
2,140
-
11,670
12,115
12,115
12,115
12,115
12,327
12,327
12,327
12,327
12,327
12,327
12,567
14,327
Korea
-
-
Sweden
-
Taiwan
Thailand
100
100
100
100
100
-
-
Payable in foreign currencies
End o f
calendar
year
or month
19^2...................................................
1963...................................................
1964........, .........................................
1965...................................................
1966...................................................
1967...................................................
1968...................................................
1969....................................................
1970...................................................
1971....................................................
1972....................................................
1973....................................................
1974....................................................
July..........................................
Feb............................................
Total
Austria
251
730
1,086
1,208
342
1,047
1,638
1 ,7 5 0
y
1,083 '
1,827 5 /
1,539
1,459 6 /
1,472
1,472
1,472
1,472
1,472
1,472
1,472
1,472
1,472
1,599
1,599
1,599
1,599
1,599
Belgium
Germany
1/
Switzerland
51
175
257
257
111
211
311
541
541
1,215
1,233
1,459
1,472
_
70
93
_
*-
1,472
1,472
1,472
1,472
1,472
1,472
1,472
1,472
-
50
50
101
25
50
50
-
_
30
30
30
30
60
-
275
679
602
50
601
1,051
542
612
306
-
200
200
125
125
125
226
125
* -
-
-
-
-
Note:
For* further information, see "Public Debt Operations," Tables
PDO-8 and 9.
1 / Includes bonds issued to'th e Government o f Canada in connection with
transactions under the Columbia River treaty. Amounts outstanding
were $204 m illion, September 1964 through October 1965; $175 m illion,
November. 1965 through October 1966; $144 m illion, November 1966
through October 1967; $114 m illion, November 1967 through October
1968; $84 m illion, November 1968 through September 1969; $54 m illion,
October 1969 through September 1970; and $24 m illion, October 1970
through October 1971.
2 /
Notes issued to the Government o f Italy in connection with military
purchases in the United States.
2 /
t x i addition, nonmarketable Treasury notes amounting to $125 m illion
1 ,0 8 4
y
Bank for
International
Settlements
Italy
1,599
1,599
1,599
1,599
1,599
equivalent were held by a group o f German commercial banks from June
1968 through November 1972. The dollar value o f these notes was
increased by $10 m illion in October 1969, and by $18 m illion as o f
December 31, 1971. See also footnotes 7 and 8, Table IFS-1.
i j
Includes an increase in dollar value o f $84 m illion resulting from
revaluation o f the German mark in October 1969. See also footnote 7,
Table IFS-1.
5 / Includes $106 m illion increase in dollar value o f foreign currency
obligations revalued to re fle c t market exchange rates as o f December
31, 1971. See also footnote 8, Table IFS-1.
6 / Includes $15 m illion increase in March and ’ $147. m illion increase in
April in dollar value o f foreign currency obligations revalued to
r e fle c t market exchange rates.
Treasury Bulletin
_ _ _ _ _ INTERNATIONAL FINANCIAL STATISTICS
Table IFS-5. - U.S. Position in the International Monetary Fund
(In millions o f dollars)
Transactions affecting IMF holdings o f dollars
during period
U.S. transactions with IMF
Calendar year
or month
Payments
of
subscrip
tions in
dollars
194&-5^......................................
1959............................................
1960............................................
1961............................................
1962............................................
1963............................................
1964............................................
1965............................................
1966............................................
1967............................................
1968............................................
1969............................................
1970............................................
1971............................................
1972............................................
1973............................................
1974............................................
1974-May.....................................
June........ .........................
July...................................
Sept...................................
Oct.....................................
Nov.....................................
Dec.....................................
L975-Jan.....................................
Feb.....................................
Mar.....................................
Apr.....................................
May.....................................
1,031
776
1,155
541 2 /
754 1 /
-
Net
gold
sales
by IMF
2/
600
150
22
712 6 /
*
- •
-
- -
-
“
—
-
Trans
actions
in
foreign
curren
cies 2 /
525
435
680
-84
150
1,362
200
-133
-
IMF net
income
in
dollars
Transactions by
other countries
with IMF
Purchases
of
dollars 2 /
-47
2
11
16
17
16
18
12
15
20
20
19
25
-28
-47
-33
-59
-139
-149
-822
-110
-194
-282
-282
-159
-114
-806
-1,343
-854
-24
_
.
-1,073
-5
-5
-160
-12
-4
-5
-6
-5
-9
—
6
-14
-378
-320
-9
-50
-4
-19
-5
-6
-30
-29
-102
-151
-18
-21
Note:
The in itia l U.S. quota in the International Monetary Fund was
$2,750 m illion. The U.S. quota was increased to $4,125 million in
1959, $5,160 million in February 1966, and $6,700 million in December
1970, and revalued to $7,274 m illion in May 1972 and $8,083 million
in October 1973 as a result o f changes in the par value o f the dollar.
Under the A rticles o f Agreement, subscription payments equal to the
quota have been made 25 percent in gold and 75 percent in dollars.
1 / Represents net Fund sales o f gold to acquire U.S. dollars for use in
Fund operations. Does not include transactions in gold relating to
gold deposits or gold investment (see Table IFS-2).
2 / Positive figures represent purchases from the Fund o f currencies o f
other members for equivalent amounts o f dollars; negative figures
represent repurchases o f dollars, including dollars derived from
charges on purchases and from other net dollar income o f the Fund.
The United States has a commitment to repurchase within 3-5 years,
but only to the extent that the Fund's holdings o f dollars exceed
75 percent o f the U.S. quota. Purchases o f dollars by other
countries reduce the U.S. commitment to repurchase by an equivalent
amount.
2 /
Beginning January 1970, includes dollars obtained by countries other
than the United States from sales o f gold to the Fund.
i j
Represents the United States gold tranche position in the F1 i ('the
United States quota minus the Fund's holdings o f d ollars), which is
the amount that the United States could purchase in foreign
currencies automatically i f needed. Uijder appropriate conditions,
the United States could purchase additional amounts equal to the
United States quota.
IMF holdings
o f dollars at
end o f period
Total
change
Repur
chases
in
dollars
1,09^
442
580
521
719
207
5
1
268
741
40
-
*
792
1,336
442
-135
626
29
266
165
1,313
-94
-870
-1,034
1,929
1,350
694
721
-1,265
_
_
439
10
-165
-17
-18
-383
• -326
-14
-59
-10
-33
-121
-152
15
-41
Amount
Percent
of
U.S.
quota
& /
792
2,128
2,570
2,435
3,061
3,090
3,356
3,521
4,834
4,740
3,870
2,836
4,765
6,115
6,810
7,531
6,265 8 /
29
52
62
59
74
75
81
85
94
92
75
55
71
91
94
93
78
1,958
1,997
1,555
1,690
1,064
1,035
769
863 5 /
326
420
1,290
2,324
1,935
585
465
.552
1,852
7,094
7,077
88
88
7,059 8 /
6,675 8 /
6,349 8 /
6,335 8 /
6,276 8 /
6,265 8 /
6,232 8 /
6,111 8 /
5,959 8 /
5,974 8 /
5,934 8 /
87
83
79
78
78
78
989
1,005
1,021
1,384
1,713
1,739
1,816
1,852
77
76
74
74
73
1,908
2,065
2,194
2,168
2,218
5/
Includes $259 million gold subscription to the Fund in June 1965 for
a U.S. quota increase which became effectiv e on February 23, 1966.
In figures published by the Fund from June 1965 through January 1966,
this gbld subscription was included in the U.S. gold stock and
excluded from the reserve position.
£ / Includes $30 million o f special drawing rights.
2 / Represents amount payable in dollars to the Fund to maintain the
value o f Fund holdings o f U.S. dollars.
8 / Excludes currency valuation adjustments as follows (in millions o f
dollars);
Payable to
Payable to
the U.S.
the IMF
1974-Jul y
20
Aug...............................
102
Sept.............................
14
Oct...............................
42
Nov........................; . .
62
Dec..............................
90
1975-Ja................................. n
Feb...............................
Mar...............................
Apr...............................
May...............................
*
Less than $500,000.
64
30
-
Table IFS-6. - U.S. Net Monetary Gold Transactions with Foreign Countries
and International and Regional Organizations
This table has been discontinued
beginning with the Februaiy 1975 issue
o f the Bulletin.
U.S.
reserve
position
in IMF
at end of
period
75
108
27
81
June 1975
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-7. - Weighted-Average of Exchange Rate Changes for the Dollar
(Percent change relative to exchange rates as o f end-May 1970)
Trade-weighted average appreciation (+)
or depreciation ( - ) of the U.S. dollar 1 /
Vis-a-Vis
End of calendar
year or month
2 /
Currencies of
OECD countries 2 /
Currencies o f 47 main
trading countries 2 /
197 0
-1.9
-1 .0
197 1
-8 .2
197 2
-9 .4
-4 .5
»
-4 .5
197 3
-14.7
-9 .3
197 4
-16.1
-9 .5
1974-May..
June.
-11.3
-10.6
July.
Aug..
Sept.
O ct..
Nov..
Dec..
-17.4
-16.5
-15.2
-13.5
-13.8
-14.3
-14.8
-16.1
1975-Jan..,
Feb..
Mar..
Apr..
May..
-16.9
-18.8
-17.4
-16.4
-16.6
-10.4
-11.8
-10.1
-9.4
-9 .2
-9 .6
-8 .4
-8 .4
-8 .8
-8 .8
-9 .5
This table presents calculations o f weighted average
percentage changes in the rates o f exchange between the dollar and
certain foreign currencies, in order to provide a measure o f changes
in the d o lla r's general foreign exchange value broader than a measure
provided by any single exchange rate change. Calculations are pro- *
vided fo r two sets o f countries that account for a major share o f
U.S. foreign trade. U.S. b ila tera l trade patterns in 1972 are used as
a convenient, readily available proxy for the assignment o f relative
weights to individual exchange rate changes, though such weights do
not provide a fu ll measure o f individual'currencies1 relative impor
tance in U.S. international transactions because they take no account
o f factors other than trade. The calculations do not purport to
represent a guide to measuring the impact o f exchange rate changes on
U.S. international transactions.
The equations used are as follows.
(EQ2)
Where:
Em — E ( A $ /f c i *
Where:
M
X i/lX i s U.S. e x p o r ts t o co u n try i , as
a p r o p o r t io n o f t o t a l U .S. e x p o r ts t o
a l l c o u n t r ie s in th e s e t .
Equation three combines the above export-weighted and impo'rt-weighted
averages to provide an overall measure o f exchange rate change:
(EQ3)
E * [(Ero * m /m +x)*(-l) ] +
Where:
i /m
£ « i s th e w eigh ted average o f p erce n ta g e
changes in th e d o l l a r c o s t o f in d iv id u a l
f o r e ig n c u r r e n c ie s ;
A $ /f c i i s th e p e r c e n t change in th e d o l l a r
c o s t o f f o r e ig n cu rren cy i ; and
2/
i s U .S. in p o r t s from co u n try i , as
a p r o p o r t io n o f t o t a l U.S. im ports from
a l l c o u n t r ie s in th e s e t .
2 /
Equation two is used to calculate a trade-weighted average o f changes
in the foreign exchange cost o f dollars:
Ex i s th e w eigh ted average o f p e rce n ta g e
changes in th e f o r e ig n cu rre n cy c o s t o f
d o ll a r s ;
A fc^ /$ i s th e p e r c e n t change in th e
f o r e ig n cu rren cy i c o s t o f d o l l a r s ; and
Equation one is used to calculate a trade-weighted average o f changes
in the dollar cost of foreign currencies:
(EQ1)
Ex - E (A fci / $ * X j/ZX )
[
E* * x/m+x]
m/m+x i s U .S. in p o r t s as a p r o p o r t io n
o f i t s t o t a l tr a d e w ith a l l c o u n t r ie s in
th e s e t; and
x/m+x i s U .S. e x p o r ts as a p r o p o r t io n o f
i t s t o t a l tr a d e w ith a l l c o u n t r ie s in th e
se t.
Australia, Austria, Belgium-Luxembourg, Canada, Denmark, Finland,
France, Germany, Greece, Iceland, Ireland, Italy, Japan, the Nether
lands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland,
Turkey, United Kingdom.
The currencies o f 47 IMF member countries which account for approx
imately 90* o f U.S. tota l trade. As o f October 1974 this entire
series has been modified to include Hong Kong, Indonesia, Argentina
and Brazil, which had not been included in the calculations prior
to Februaiy 1974, and to exclude Chile.
82
Treasury Bulletin
CAPITAL MOVEMENTS
B a ck grou n d
D ata r e l a t i n g t o c a p i t a l m ovements b e tw e e n t h e U n ite d
S t a t e s and f o r e i g n c o u n t r i e s h ave b e e n c o l l e c t e d s i n c e 1 9 3 5 ,
p u rs u a n t t o E x e c u t iv e O rd er 6 5 6 0 o f J a n u a ry 1 5 , 1 9 3 I+, E xecu
t i v e O rder 1 0 033 o f F e b ru a ry 8 , 19^9 > a nd T r e a s u r y r e g u l a t i o n s
p r o m u lg a te d t h e r e u n d e r .
S t a t i s t i c s on t h e p r i n c i p a l t y p e s
o f d a t a a n d t h e p r i n c i p a l c o u n t r i e s a r e p u b lis h e d m on th ly
i n t h e " T r e a s u r y B u l l e t i n . ” R e p o r ts a r e f i l e d w it h t h e Fed
e r a l R e s e r v e Banks b y b a n k s , s e c u r i t i e s b r o k e r s and d e a l e r s ,
and n oriban kin g c o n c e r n s i n t h e U n ite d S t a t e s .
T h ese s t a t i s
t i c s a r e th e n c o n s o l i d a t e d , and a x e p u b lis h e d b y th e T r e a s u r y
a s p r o m p t ly a s p o s s i b l e .
The r e p o r t form s and i n s t r u c t i o n s u s e d i n t h e c o l l e c t i o n
o f th e s t a t i s t i c s have b e e n r e v i s e d a number o f t i m e s .
The
m ost r e c e n t g e n e r a l r e v i s i o n o f th e r e p o r t form s becam e e f f e c
t i v e w it h r e p o r t s a s o f May 3 1 , 1 9 6 3 .
1/
The p r e s e n t form o f th e p u b lis h e d p r e s e n t a t i o n o f th e
" C a p i t a l M ovem ents” s t a t i s t i c s was in t r o d u c e d i n t h e May
The p r i n c i p a l ch a n g es w ere
19 6 9 is s u e o f th e " B u l l e t i n ."
th e re a rra n g e m en t o f t h e t a b l e s t o b r i n g t o g e t h e r i n s e p a r a t e
s e c t i o n s a l l th e d a ta r e l e v a n t t o t h e same s t a t i s t i c a l s e r i e s ;
th e e x p a n s io n o f t h e tim e s e r i e s on a g g r e g a t e l i a b i l i t i e s
and c la im s r e p o r t e d b y ba n k s t o show m ore d e t a i l e d breakdow n s
b y t y p e o f h o ld e r and t y p e o f l i a b i l i t y ' and c l a i m ; and th e
p r e s e n t a t i o n o f s t a t i s t i c s n o t p r e v i o u s l y p u b lis h e d on th e
s h o r t - t e r m l i q u i d c la im s o f l a r g e n on b a n k in g c o n c e r n s .
B a s ic d e f i n i t i o n s
The term " f o r e i g n e r ” a s u s e d i n th e T r e a s u r y r e p o r t s
c o v e r s a l l i n s t i t u t i o n s and i n d i v i d u a l s d o m ic ile d o u t s i d e
t h e U n ite d S t a t e s , i n c l u d i n g U n ite d S t a t e s c i t i z e n s dom i
c i l e d a b r o a d , and t h e f o r e i g n b r a n c h e s , s u b s i d i a r i e s and
o f f i c e s o f U n ite d S t a t e s b an ks and b u s in e s s c o n c e r n s ; th e
c e n t r a l g o v e rn m e n ts, c e n t r a l banks and o t h e r o f f i c i a l i n
s t i t u t i o n s o f f o r e i g n c o u n t r i e s , w h e r e v e r l o c a t e d ; and i n t e r
n a t i o n a l and r e g i o n a l o r g a n i z a t i o n s , w h erev er l o c a t e d .
The
te rm " f o r e i g n e r ” a l s o in c l u d e s p e r s o n s i n th e U n ite d S t a t e s
t o th e e x t e n t t h a t t h e y a r e known b y r e p o r t i n g i n s t i t u t i o n s
t o b e a c t i n g on b e h a l f o f f o r e i g n e r s .
In g e n e r a l , d a ta a x e r e p o r t e d o p p o s i t e th e f o r e i g n co u n
t r y o r g e o g r a p h ic a l a r e a i n w h ich th e f o r e i g n e r i s d o m i c i l e d ,
a s shown on th e r e c o r d s o f r e p o r t i n g i n s t i t u t i o n s .
F or a
number o f r e a s o n s , th e g e o g r a p h ic a l breakdow n o f th e r e p o r t e d
d a t a may n o t i n a l l c a s e s r e f l e c t t h e u lt im a t e o w n e r sh ip o f
th e a s s e t s .
R e p o r t in g i n s t i t u t i o n s a r e n o t e x p e c t e d t o g o
b e y o n d th e a d d r e s s e s shown on t h e i r r e c o r d s , and s o may n o t
b e aw are o f th e c o u n t r y o f d o m i c i l e o f th e u lt im a t e b e n e f i c i a r y .
F u rth e rm o re , U .S . l i a b i l i t i e s a r i s i n g fro m d e p o s i t s o f d o l l a r s
w it h f o r e i g n b an ks a r e r e p o r t e d g e n e r a l l y i n t h e T r e a s u ry
s t a t i s t i c s a s l i a b i l i t i e s t o f o r e i g n b a n k s , w h erea s t h e l i
a b i l i t y o f t h e f o r e i g n b ank r e c e i v i n g t h e d e p o s i t may b e t o
fo r e ig n o f f i c i a l i n s t it u t i o n s o r r e s id e n ts o f a n oth er co u n try .
Data p e r t a i n i n g t o b r a n c h e s o r a g e n c ie s o f f o r e i g n o f f i
c i a l i n s t i t u t i o n s a r e r e p o r t e d o p p o s i t e t h e c o u n t r y t o w h ich
th e o f f i c i a l i n s t i t u t i o n b e l o n g s .
D ata p e r t a i n i n g t o i n t e r
n a t i o n a l and r e g i o n a l o r g a n i z a t i o n s a x e r e p o r t e d o p p o s i t e
th e a p p r o p r ia t e i n t e r n a t i o n a l o r r e g i o n a l c l a s s i f i c a t i o n
e x c e p t f o r t h e Bank f o r I n t e r n a t i o n a l S e t tle m e n t s and th e
European Fund, w h ich a r e i n c lu d e d i n t h e c l a s s i f i c a t i o n "O th e r
W estern E u r o p e .”
” S h o r t-te r m ” r e f e r s t o o b l i g a t i o n s p a y a b le on demand
o r h a v in g an o r i g i n a l m a t u r it y o f on e y e a r o r l e s s .
"L o n g
term ” r e f e r s t o o b l i g a t i o n s h a v in g an o r i g i n a l m a t u r i t y o f
more th a n one y e a r , and in c l u d e s s e c u r i t i e s h a v in g n o c o n
t r a c t u a l m a t u r it y .
R e p o r t in g c o v e r a g e
R e p o r ts a r e r e q u ir e d fro m b a n k s , s e c u r i t i e s b r o k e r s and
d e a l e r s , and n on b a n k in g c o n c e r n s i n th e U n ite d S t a t e s , i n
c lu d in g t h e b r a n c h e s , a g e n c i e s , s u b s i d i a r i e s , and o t h e r a f
f i l i a t e s i n th e U n ite d S t a t e s o f f o r e i g n f i r m s .
I n s t itu tio n s
w h ich have t o t a l r e p o r t a b l e l i a b i l i t i e s , c la im s o r s e c u r i t i e s
t r a n s a c t i o n s b e lo w a s p e c i f i e d e x em p tio n l e v e l , b a s e d on th e
a v e ra g e f o r th e r e p o r t d a t e s d u r in g a s ix -m o n th p e r i o d , i n
c lu d in g th e c u r r e n t r e p o r t d a t e , a r e exem pt fro m r e p o r t i n g .
Banks f i l e r e p o r t s m on th ly c o v e r i n g t h e i r s h o r t - t e r m
and lo n g -t e r m l i a b i l i t i e s t o and c la im s on f o r e i g n e r s ; an
e x em p tion o f $ 5 0 0 , 0 0 0 i s a p p l i c a b l e t o r e p o r t s i n e a ch o f
th ese c a te g o r ie s .
T w ice a y e a r t h e y a l s o r e p o r t t h e i r s h o r t
term d o l l a r l i a b i l i t i e s t o f o r e i g n e r s i n c o u n t r i e s n o t shown
s e p a r a t e l y on th e m on th ly r e p o r t o f l i a b i l i t i e s .
B anks,
s e c u r i t i e s b r o k e r s and d e a l e r s , and i n some i n s t a n c e s , n on
b a n k in g c o n c e r n s , r e p o r t m on th ly t h e i r t r a n s a c t i o n s i n s e c u r
i t i e s w it h f o r e i g n e r s ; th e a p p l i c a b l e e x e m p tio n l e v e l i s
$ 1 0 0 ,0 0 0 .
Q u a r t e r ly r e p o r t s a r e f i l e d b y e x p o r t e r s , im p o r t e r s , i n
d u s t r i a l and co m m e rcia l c o n c e r n s , f i n a n c i a l i n s t i t u t i o n s
o t h e r th a n banks and b r o k e r s , and o t h e r n on b a n k in g f ir m s i f
t h e i r l i a b i l i t i e s o r c la im s a x e $ 5 0 0 ,0 0 0 o r m ore.
Such fir m s
a l s o r e p o r t t h e l i q u i d p o r t i o n o f t h e i r c la im s f o r e a c h m on th end when t h e y have r e p o r t a b l e c la im s o f $ 1 m i l l i o n o r m ore.
The f o r e i g n c r e d i t and d e b i t b a la n c e s o f s e c u r i t i e s b r o k e r s
and d e a le r s a r e r e p o r t e d q u a r t e r l y ; th e ex e m p tio n l e v e l a p
p l i c a b l e t o t h e s e r e p o r t s i s $1 0 0 , 0 0 0 .
D e s c r ip t io n o f s t a t i s t i c s
D ata c o l l e c t e d on th e T r e a s u r y F o r e ig n E xchange Forms
a r e p u b lis h e d i n t h e " T r e a s u r y B u l l e t i n ” i n s i x s e c t i o n s .
Each s e c t i o n c o n t a in s a l l t h e d a t a r e l e v a n t t o t h e same s t a t i s
t i c a l s e r i e s , w it h t a b l e s sh ow in g tim e s e r i e s b y t y p e and
c o u n t r y , and th e d e t a i l e d breakdow n s o f t h e l a t e s t a v a i l a b l e
d a ta .
S e c t i o n I c o v e r s t h e s h o r t - t e r m a n d l o n g -t e r m l i a b i l i t i e s
t o f o r e i g n e r s r e p o r t e d b y b a n k s i n t h e U n ite d S t a t e s .
The
d a t a e x c lu d e t h e h o ld in g s o f d o l l a r s o f th e I n t e r n a t i o n a l
M on eta ry Fund d e r i v e d fro m paym ents o f th e U n ite d S t a t e s
s u b s c r i p t i o n and fro m t h e ex ch a n g e t r a n s a c t i o n s and o t h e r
o p e r a t i o n s o f t h e Fund.
( L i a b i l i t i e s r e p r e s e n t i n g th e " g o l d
in v e s tm e n t " o f t h e Fund, h o w e v e r, a r e i n c l u d e d . )
The d a t a
a l s o e x c lu d e U .S . T r e a s u r y l e t t e r s o f c r e d i t , and n o n n e g o t i a b l e , n o n i n t e r e s t - b e a r i n g s p e c i a l n o t e s o f t h e U n ite d S t a t e s
h e ld b y i n t e r n a t i o n a l and r e g i o n a l o r g a n i z a t i o n s .
S e c t i o n I I p r e s e n t s t h e s h o r t - t e r m and l o n g -t e r m c la im s
on f o r e i g n e r s r e p o r t e d b y b a n k s i n t h e U n ite d S t a t e s , in c l u d i n g
c la im s h e l d f o r t h e i r own a c c o u n t and f o r t h e a c c o u n t o f
t h e i r d o m e s tic c u s t o m e r s .
The d a t a e x c lu d e c o n v e r t i b l e f o r
e i g n c u r r e n c i e s h e l d b y U .S . m on eta ry a u t h o r i t i e s .
S e c t i o n s I I I ' and
IV show r e s p e c t i v e l y t h e l i a b i l i t i e s
83
June 1975
CAPITAL MOVEMENTS
t o , and c la im s o n , f o r e i g n e r s r e p o r t e d b y e x p o r t e r s , im p or
t e r s , i n d u s t r i a l and co m m e rcia l f i r m s , f i n a n c i a l i n s t i t u t i o n s
o t h e r th a n b a n k s and b r o k e r s , and o t h e r n on b a n k in g c o n c e r n s
i n th e U n ite d S t a t e s .
The d a t a e x c lu d e t h e in te rco m p a n y a c
c o u n t s o f b u s in e s s e n t e r p r i s e s i n t h e U n ite d S t a t e s w it h
t h e i r own b r a n c h e s and s u b s i d i a r i e s a b ro a d o r w it h t h e i r f o r
e ig n p a r e n t co m p a n ie s .
(S u ch t r a n s a c t i o n s a r e r e p o r t e d b y
b u s i n e s s f ir m s t o th e D epartm ent o f Commerce on i t s d i r e c t
in v e s tm e n t f o r m s . )
The d a ta a l s o e x c lu d e c la im s h e l d th ro u g h
U n ite d S t a t e s b a n k s .
S e p a r a te f i g u r e s a r e shown i n S e c t io n
IV f o r th e s h o r t - t e r m l i q u i d c la im s o f l a r g e n on b a n k in g c o n
c e r n s i n th e U n ite d S t a t e s .
S e c t i o n V c o n t a in s d a ta on t r a n s a c t i o n s i n a l l t y p e s
o f lo n g -t e r m d o m e s tic and f o r e i g n s e c u r i t i e s b y f o r e i g n e r s
r e p o r t e d b y b an ks and b r o k e r s i n th e U n ite d S t a t e s ( e x c e p t
n on m a rk eta b le U .S . T r e a s u ry n o t e s , f o r e i g n s e r i e s , and non
m a rk e ta b le U .S . T r e a s u r y b o n d s and n o t e s , f o r e i g n c u r r e n c y
s e r i e s , w h ich a r e shown i n " I n t e r n a t i o n a l F in a n c ia l S t a t i s
t i c s ” s e c t i o n , T a b le I F S -lf ) .
The d a ta c o v e r new i s s u e s o f
s e c u r i t i e s , t r a n s a c t i o n s i n o u t s t a n d in g i s s u e s , and redemp
tio n s o f s e c u r itie s .
They in c lu d e t r a n s a c t i o n s e x e c u t e d i n
t h e U n ite d S t a t e s f o r t h e a c c o u n t o f f o r e i g n e r s , and t r a n s
a c t i o n s e x e c u t e d a b ro a d f o r th e a c c o u n t o f r e p o r t i n g i n s t i
t u t i o n s and t h e i r d o m e s tic c u s t o m e r s .
The d a t a i n c lu d e some
t r a n s a c t io n s w h ich a r e c l a s s i f i e d a s d i r e c t in v e s tm e n ts in
th e b a la n c e o f paym ents a c c o u n t s .
The d a ta e x c lu d e s e c u r i
t i e s i s s u e d a b ro a d b y f o r e i g n s u b s i d i a r i e s o f U .S . c o r p o r a
t i o n s , some o f w h ich a r e t r e a t e d ’i n th e b a la n c e o f paym ents
a s i s s u e s o f U .S . c o r p o r a t i o n s .
1/
The g e o g r a p h ic a l breakdow n o f th e d a ta p n s e c u r i t i e s
t r a n s a c t i o n s shows th e c o u n t r y o f d o m ic ile o f t h e f o r e i g n
b u y e r s Harid - s e l l e r s o f t h e " s e c u r i t i e s ; i n t h e c a s e o f o u t
s ta n d in g i s s u e s , t h i s may d i f f e r fro m t h e c o u n t r y o f th e
o r ig i n a l is s u e r .
The g r o s s f i g u r e s c o n t a in some o f f s e t t i n g
t r a n s a c t io n s b etw een f o r e i g n e r s .
The n e t f i g u r e s f o r t o t a l
t r a n s a c t i o n s r e p r e s e n t t r a n s a c t i o n s b y f o r e i g n e r s w it h U n ite d
S ta te s r e s id e n t s ; b u t th e n et fig u r e s f o r tr a n s a c tio n s o f
i n d i v i d u a l c o u n t r i e s and a r e a s may in c lu d e some t r a n s a c t i o n s
b etw een f o r e i g n e r s o f d i f f e r e n t c o u n t r i e s .
B e g in n in g w ith
d a ta f o r 1 9 6 9 , t r a n s a c t i o n s b etw een f o r e i g n e r s i n new is s u e s
n o t o f f e r e d f o r s a l e t o U n ite d S t a t e s r e s i d e n t s b u t managed
b y u n d e r w r ite r s i n th e U n ite d S t a t e s a r e e x c lu d e d fro m th e
g ross fig u r e s .
S e c t io n V I c o m p r is e s tw o t a b l e s on t h e money c r e d i t
and d e b i t b a la n c e s , a s a p p e a r in g on th e b o o k s o f r e p o r t i n g
b r o k e r s and d e a le r s i n t h e U n ite d S t a t e s , i n a c c o u n t s o f f o r
e ig n e r s w ith them , and i n t h e i r a c c o u n t s c a r r i e d b y f o r e i g n e r s .
The d a ta p u b lis h e d i n t h e s e s e c t i o n s do n o t c o v e r a l l
t y p e s o f r e p o r t e d c a p i t a l movements b e tw e e n t h e U n ite d S t a t e s
and f o r e i g n c o u n t r i e s .
The p r i n c i p a l e x c l u s i o n s a r e
th e
in tercom p a n y c a p i t a l t r a n s a c t i o n s o f b u s in e s s e n t e r p r i s e s
i n th e U n ite d S t a t e s w it h t h e i r own b r a n c h e s and s u b s i d i a r
i e s a b ro a d o r w it h t h e i r f o r e i g n p a r e n t co m p a n ie s , and c a p i t a l
t r a n s a c t io n s o f th e U n ite d S t a t e s G overnm ent. C o n s o l id a t e d
d a ta on a l l t y p e s o f c a p i t a l t r a n s a c t io n s a r e p u b lis h e d b y
th e D epartm ent o f Conmerce i n i t s r e g u la r r e p o r t s on th e
U n ite d S t a t e s b a la n c e o f paym ents.
Copies o f the reporting forms and instructions may be obtained from the O ffice o f S ta tistica l Reports, O ffice o f the Assistant Secretary fo r International
A ffairs, Department o f the Treasury, Washington, D. C. 20220 or from Federal Reserve Banks.
84
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-1. - Short-Term Liabilities by Type of Foreign Holder
(In millions of dollars)
Foreign countries
End o f
calendar year
or month
Total
short
term
lia b ili
ties
O fficia l institutions 1 /
Total
Total
Payable
in
dollars
Payable
in
foreign
currencies
7,917
-
1957.......................
14,383
13,641
7,917
1958.......................
15,367
14,615
8,665
8,665
1959.......................
17,261
16,231
9,154
9,154
1960.......................
18,701
17,260
10,212
10,212
..................
/20,015
1 20,098
18,699
18,781
10,940
10,940
1962 i / ..................
f 21,958
^21,958
19,907
19,874
1963.......................
22,877
21,330
1961
2 /
1964 3 / ..................
25,467
(J25,518
f
23,849
23,900
Total
International and regional
Banks and other foreigners
Payable in dollars
Payable
in
Other
foreign
Banks
foreigners currencies
2,252
Total
IMF
gold
invest
ment 2 J
Non
monetary
interna
tional and
regional
2/
742
200
59
752
200
552
77
1,031
500
531
113
1,442
691
2,356
2,357
104
104
1,317
1,317
613
613
5,251
5,251
2,564
2,564
95
95
2,050
2,084
800
800
8,863
5,713
3,046
104
1,547
739
-
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
1,618
800
800
818
818
5,724
3,413
-
5,950
3,460
2,430
-
7,076
4,601
2,398
-
7,047
4,705
2,230
10)893
10,893
46
46
7,759
7,841
5,299
5,380
11,997
11,963
11,949
11,915
48
48
7,911
7,911
12,467
12,437
30
13,224
13,220
13,224
**,220
_
59
542
A /
A /
A /
751
704
704
1,250
1,284
A /
808
25,551
24,072
13,066
13,066
-
11,006
7,360
3,587
59
1,479
800
679
27,724
\27,599
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
1965.......................
f
1966
2 /
..................
1967
2 /
..................
/30,657
\30,505
29,370
29,232
14,034
14,027
13,882
13,876
152
152
15,337
15,205
11,132
11,008
4,128
4,120
77
77
1,287
1,273
800
800
487
473
1968.......................
31,717
30,234
11,318
10,855
463
18,916
14,298
4,444
173
1,483
800
683
1969 i / ..................
/40,040
(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
1970
..................
/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
4,038
220
220
1,221
1,221
400
400
821
821
1971 5 / ^ / . ..........
/55,404
(55,428
53,632
53,661
39,679
39,018 6 /
39,521
38,854 6 /
158
165
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
171
19,284
14,340
4,618
325
1,413
-
1,413
1973.......................
69,074r
67,119r
43,923r
43,796r
127 8 /
23,196r
17,224r
5,503r
469
1,955
-
1,955
1974.......................
94,815r
75,278r
78,752r
81,014r
83,951r
86,863r
87,710r
88,628r
91,816r
94,815r
93,350r
94,245
93,404
94,597
91,650r
74,114r
77,364r
79,360r
53,035r
45,195r
46,209r
47,465r
52,908r
127
127
127
127
38,615r 1 29,691r
28,919r
21,967r
31,155r
24,119r
31,895r 24,455r
8,285
6,372r
6 , 512 r
6,776r
639
579
526
665
82,206r
84,941r
♦85,811r
86,631r
89,483r
91,650r
48,455r
48,440r
50,149r
50,921r
51,858r
53,035r
45,068r
46,082r
47,338r
48,328r
48,313r
50,022r
50,794r
51,731r
52,908r
127
127
127
127
127
127
33,751r
36,501r
35,662r
35,710r
37,625r
38,615r
6,936r
7,128r
7,618r
7,627r
7,855r
8,285
89,437r
90,289
89,931
91,018
51,824r
54,200
53,696
53,490
51,824r
54,200
53,696
53,490
_
37,613r
36,089
36,235
37,528
26,277r
28,754r
27,476r
27,492r
29,154r
29,691r
28,710r
26,915
27,160
28,587
539
618
568
591
617
639
721
733
682
742
3,165
1,164
1,388
1,653
1,745
1,921
1,900
1,997
2,333
3,165
1974-Apr.................
May.................
June...............
Aug.................
Oct..................
Dec.................
1975-Jan.................
Feb..................
Mar.p..............
Apr.p..............
2 /
_
13,954
10,034
14,643 6 / 10,721 £ /
8,184
8,440
8,393
8,200
3,911
3,955
3,473
3,580
_
_
-
_
_
_
-
_
-
3,165
1,164
1,388
1,653
1,745
1,921
1,900
1,997
2,333
3,165
3,911
3,955
3,473
3,580
'
1/
2/
2 /
£/
5/
Includes Bank far International Settlements and European Fund.
Short-term U.S. Government obligations at cost value and funds awaiting investment obtained from proceeds o f sales o f gold by the Interna
tional Monetary Fund to the United States to acquire income-earning
assets. Upon termination of investment, the same quantity o f #gold
was reacquired by the International Monetary Fund.
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank.' Includes difference between
cost value and face value of securities in IMF gold investment account
($14 m illion at end 1971).
In addition, IMF gold investment included investments in U.S. Government bonds and notes which amounted to $109 m illion at end 1960, $187
m illion at end 1961, and $61 m illion at end 1963.
Data on the two lines shown for this date d iffe r because o f changes
6/
7/
8/
p
in reporting coverage. Figures on the f ir s t lin e are comparable in
coverage to those shown fo r the preceding date; figures on the second
lin e are comparable to those shown fo r the following date.
Data on the second lin e d iffe r from those on the f ir s t lin e because
certain accounts previously cla ssified as " o f f ic ia l institutions” are
included with "banks11 and a number o f reporting banks are included in
the series fo r the f ir s t time.
Second lin e includes $7 m illion increase in dollar value of foreign
currency obligations revalued to r e fle c t market exchange rates as of
Dec. 31, 1971.
Includes $15 m illion increase in dollar value o f foreign currency
lia b ilit ie s revalued to r e fle c t market exchange rates.
Preliminary.
r
Revised.
June 1975
85
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Short-Term Liabilities by Type of Liability
Part A - Foreign Countries
(In millions of dollars)
O fficia l institutions 1 /
Banks and other foreigners
Payable in dollars
'otal
‘oreign
>oun>ries
End of
calendar
year
or month
Payable in dollars
Deposits
Demand
U.S.
•
Treasury
b i l l s and
c e r t ifi
cates
Time
2 /
Other
short
term
lia b ili
tie s 2 /
Payable
in
foreign
cur
rencies
Other foreigners
Banks
Deposits
J.S.
treasury
Dills and
c e r t ifi
cates
Time
Demand
2 /
Deposits
Other
short
term
lia b ili
tie s 2 /
Demand
Time
2/
J.S.
treasury
>ills and
je r t if i ates
Other
short
term
lia b ili
tie s 1 /
Payable
in
foreign
cur
rencies
195 7
13,641
3,059
4,246
612
2,737
158
518
1,766
278
209
59
195 8
14,615
3,511
4,392
762
3,017
131
312
1,951
306
174
59
195 9
16.231
2,834
5,738
582
3,369
492
740
1,833
295
270
77
196 0
17,260
3,038
982
4,210
76
419
1,849
148
18,699
18,781
3.389
3.389
1.092
1.092
46
46
4,854
4,917
43
43
402
420
1.976
1.977
149
149
233
230
230
113
1961 2 / . . . .
6,193
6.412
6.412
1962 y ___
19,908
19,874
3,261
3,234
7.759
7.759
928
922
48
48
4.678
4.678
83
83
490
490
2,096
2,096
116
116
352
352
95
95
196 3
21,330
L,402
1,036
30
23,849
23,900
L,591
L,591
2,451
2,820
2,816
7,548
1964 J / . . . .
7.554
7.554
1.259
1.259
119
72
72
469
502
503
104
118
90
87
332
59
83
83
81
81
329
329
302
292
93
72
86
362
107
107
312
312
325
325
173
226
226
4,102
838
68
966
967
967
142
142
704
1,039
1,077
1,493
5,006
5,027
1,523
1,531
1,257
1,271
900
113
137
137
1,406
1.574
1,842
1,848
1.513
1.513
129
129
1,927
1,973
1.693
1.693
1,594
1.819
1.819
2,052
2,054
2,621
1,797
4,658
4,644
3,202
3,197
1.709
1,711
2,199
1,811
1,935
1,688
1,688
1,886
1,895
1,660
1,660
1,663
1,666
131
131
96
96
196 5
24,072
L,535
2,862
7,186
1966 y ___
L,679
L,679
2,612
2,668
6,316
6,316
I,483
1,361
1,360
517
517
4.941
6,795
6,636
1967 y . . . .
26,343
26,219
29,370
29.232
\ 054
2,054
2,462
2,458
7.985
7.985
1,380
1,378
152
152
7,933
7,763
1,249
1,243
1.142
1.142
196 8
30,234
1969 y . . . .
38.631
38,786
2,149
L,918
L,930
1,899
2,951
2,942
L,652
L,652
2.554
2.554
1970 y ___
19 71 y
y
.
197 2
197 3
197 4
40,499
40,541
53.632
53,661
L,620
L,327
59,284 L,591
67,119r 2,125
91,650r 2.951
1974-Apr...
May...
June..
74,114r
77,364r
79,360r
July..
Aug...
S ep t..
O ct...
Nov...
Dec. . .
82,206r
84,941r
85,811r
86,631r
89,483r
91,650r
2,922r
2,352
2,643
2 ,562r
2,474r
2,825r
2,168
2,472
2.951
1975-Jan...
Feb...
Mar .p.
Apr.p.
89,437r
90,289
89,931
91,018
2,l85r
2,058
2,323
2,147
1/
2/
y
y
77
77
5,486
1,321
3.844
3.844
13.367
13.367
2,139
2,158
463
202
202
P,374
.6,745
.6,756
1,273
1,988
1,999
30
20
20
1,612
1,612
148
148
32.311
32.311
3,086
3,177
158
1,326
1,354
850
165 y
•2,376
2,385
7,047
3,399
y
14
14
8
8
2,880
31,453
3,905
171
4,658
405
5
9,272
1,955
2,116
65
481
325
3,911
4,257r
31,511
11
9,743r
2,143
2,359r
68
127
6.941
8.253
529r
34.656
6,248r
ll,0 4 4 r
127
l,931r
232
19,275r
2.710
277
469
639
127
127
127
6,599
6,910
7,689
677
788
996
63
82
95
14 , 628 r
16,339r
15,675r
2,397r
2,315
2,4l8r
3.796
2,620
2,744
2.915
933r
1.502
92
124
107
l,263r
l,329r
l,336r
579
526
665
127
127
127
127
127
127
7,105
6,890
7,096
6,361
7,622
8.253
7,362
7,142
7,072
6,898
1,165
l,444r
1,6251*
l,896r
l,795r
l,931r
204
200
258
268
253
232
17,803r
20,220
18,497r
I8,967r
19,484r
19,275r
2,435r
2,396r
2 ,721r
2.574
2,638
2.710
2,967
3,150
3,264
3,422
3,608
3.796
175
145
179
193
207
277
l,359r
l,437r
l,454r
l,438r
l,402r
1.502
l,998r
158
129
101
148
19,192
17,596
18,179
19,467
2,625
2,820
2,740
2,555
3,760
3,872
3.916
3,990
186
200
200
220
1,613
1,548
1,537
1,434
539
618
568
591
617
639
721
733
682
742
2,504
A /
104
104
2,0 3 9
y
3,949
4,025
4,277
32.312
33,731
33,745
5,885r
5,974r
6,673r
4,445
4,429
4,282r
4 , 400 r
4,058r
4 ,257r
33,749
32,687
32,955
33,634
34,467
34.656
7,571r
8,722r
9,960r
10,591r
10,734r
II,044r
4,296r
4,306
4,303
4,203
36,531
38,840
39,015
39,275
8,8l3r
8,996
8,054
7,864
6 /
Includes Bank for International Settlements and European Fund.
Time deposits exclude negotiable time certifica tes o f deposit, which
are included in "Other short-term lia b i l i t i e s ."
Data on the two lines shown fo r this date d iffe r because o f changes
in reporting coverage. Figures on the fir s t lin e are comparable in
coverage to those shown for the preceding date; fiigures on the second
lin e are comparable to those shown for the following date.
Data on the second line d iffe r from those on the f ir s t line because
those lia b ilit ie s o f U.S. banks to their foreign branches and those
lia b ilit ie s o f U.S. agencies and branches o f foreign banks to their
head o ffice s and foreign branches which were previously reported as
y
320
2,048
1,808
2,074
y
6 /
2,130
6,995
i j
274
271
220
220
228
228
deposits are included in "Other short-term lia b ili t ie s " ; certain
accounts previously cla ssified as " o f f ic ia l institutions" are included
with "banks"; and a number o f reporting banks are included in the
series for the fir s t time.
Second lin e includes $7 m illion increase in dollar value o f foreign
currency obligations revalued to re fle ct market exchange rates as o f
December 31, 1971.
Includes $15 m illion increase in dollar value o f foreign currency
lia b ilit ie s revalued to re fle ct market exchange rates,
p
Preliminary.
r
Revised.
86
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Short-Term Liabilities by Type of Liability—Continued
Part B - International and Regional Organizations
(In millions of dollars)
Nonmonetary international and regional organizations 2 /
End o f
calendar year
or month
Total
international
and regional
IMF gold
investment?
U.S. Treasury
b ills and
certifica tes 1 /
Deposits
Demand
Time
2 /
U.S. Treasury
b ills and
certifica tes
i ^ v : , .t ; t :
742
200
50
490
195 8
752
200
195 9
1,031
500
209
76
196 0
1961............
1,442
1,317
691
219
343
449
532
354
540
568
294
572
572
196 4
2,050
2,084
1,547
1,618
196 5
196 6
1,479
1,381
800
1967 5 / . . . .
1,287
1,273
196 8
1,483
196 9
197 0
1.413
1,221
1,772
1,767
1962 5 / . . . .
196 3
1971 5 / . . . .
197 2
(
(
i j
613 4 /
800
800
739
800
70
U
66
384
207
200
Other
short-term
lia b ilit ie s
215
55
138
145
138
231
170
314
266
800
42
56
139
212
800
800
67
67
124
120
178
178
173
118
107
800
68
113
394
108
800
62
400
69
244
211
224
381
400
400
73
73
86
83
159
192
192
211
211
896
892
202
326
296
497
800
1 ,W
197 3
1.413
1.955
101
1974
3,165
139
83
105
1974-Apr...
May...
June..
1.164
1,388
1,653
60
95
106
57
53
66
209
46
91
838
1,194
1.390
July..
Aug...
Sept..
O c t...
Nov.. ,
Dec. «
1,745
1,921
1,900
1,997
2,333
3.165
1,508
1,627
1,629
1,690
1,830
2.424
3,911
3.955
3,473
3,580
66
67
69
89
89
105
104
95
116
116
51
146
75
93
285
497
1975-Jan...
Feb.**
Mar .p.
Apr. p.
120
81
127
125
128
139
123
118
189
99
1,234
1,260
777
781
2,450
2,482
2.391
2,583
2/
Short-term U.S. Government obligations at cost value, and deposits
awaiting investment (less than $500,000 on a ll dates shown), obtained
from proceeds o f sales o f gold by the International Monetary Fund to
the United States to acquire income-earning assets. Upon termina
tion o f investment, the same quantity o f gold was reacquired by the In
ternational Monetary Fund.
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank; excludes Bank for Interna
tional Settlements and European Fund. Includes difference between
cost value and face value o f securities in IMF gold investment
account ($14 m illion at end 1971).
2/
y
*
2 /
2.424
Time deposits exclude negotiable time ce rtifica te s o f deposit, which
are included in "Other short-term lia b i l i t i e s ."
In addition, IMF gold investment included investments in U.S. Gov
ernment bonds and notes which amounted to $109 m illion at end 1960,
$187 m illion at end 1961, and $61 m illion at end 1963.
Data an the two lines shown for this date d iffe r because o f changes
in reporting coverage. Figures on the f ir s t lin e are comparable in
coverage to those shown for the preceding date; figures on the second
lin e are comparable to those shown for the following date.
Less than $500,000.
p
Preliminary.
June 1975
87
_____________________________________________ CAPITAL MOVEMENTS_____________________________________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-3. - Short-Term Liabilities by Country
(Position at end o f period in millions o f dollars)
Calendar year
1974
1975
Country
1971
$AT9Pe:
1972
1 /
Nov.
Dec.
557
2,295
1 338
1
26?
3,835r
9,102
213
2,19?
3,177
1,181
338
332
1,103
9,378
102
8,186r
105
3,432
33
140
607
2,506
369
266
4,287r
9,420
248
2,617
3,234
1,040
310
382
1,138
10,007
152
7,548r
183
4,051
82
206
597
2,391
369
204
4,206
9,948
253
2,101
3,208
874
310
379
1,132
9,601
169
6 ,660r
187
3,128r
65
172
624
2,647
324
204
4,035
10,801
45,953r
3,405
46,037
Other Eastern Europe.....................
254
701
168
160
3,150
6,596
170
1,887
270
685
303
203
792
3,249
68
7,379
34
1,391
14
53
272
1,094
284
163
4,441
5,346
238
1,338
1,468
978
416
256
1,184
2,857
97
5,011
117
1,483
11
81
161
1,483
659
165
3,483
13,227
389
1,404
2,886
965
534
305
1,885
3,377
98
6,148
86
3,352
22
110
607
2,506
369
266
4,287r
9,420
248
2,617
3,234
1,040
310
382
1,138
10,007
152
7,54Sr
183
4,051
82
206
Total Europe....................................
27,503
27,529
3,441
48,655r
3,503
46.300r
3,725
48.655r
3,441
27,136^
3,432
40,742
Canada,.................................................
441
656
342
191
188
6
709
154
164
108
963
656
87
36
441
656
342
191
188
6
715
154
164
108
963
655
87
37
938
1,7471*
952r
297
305
7
l,746r
474
183
140
2,921r
1,176
135
839
4,702
886
1,452
1,034
276
305
7
1,770
488
272
147
3,413
1,316
158
515
12,038
Sweden................................................
Switzerland......................................
Turkey................................................
United Kingdom.................................
Yugoslavia.......................................
Other Western Europe.....................
Feb. |
1974
254
701
168
160
3,150
6,596
170
1,888
271
685
303
203
791
3,248
68
7,374
34
1,369
14
53
Germany..............................................
Greece................................ ..............
Ita ly..................................................
Jan.
1973
3,627
3,503
242
2,260
3,242
826
303
320
1,215
9,453
131
6,205
168
2,859
59
120
3,789
Latin America:
Bahamas 2 / ......................................
ChilA............................
Colombia............................................
Mexico................................................
Panama................................................
Peru...................................................
Uruguay..............................................
Venezuela..........................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America.......................
Total Latin America.......................
Asia:
China, People's Republic o f
(China Mainland)...........................
China, Republic o f (Taiwan)........
Hong Kong..........................................
India.................................................
Indonesia..........................................
Israel................................................
Japan..................................................
Korea..................................................
Philippines......................................
Thailand............................................
Total Asia........................................
Africa:
Egypt..................................................
Morocco..............................................
South Africa....................................
Zaire..................................................
Other A frica....................................
Total A frica....................................
Qjher countries:
Australia..........................................
All other..........................................
924
852r
860
158
247
7
l,296r
282
135
120
1,468
884
71
359
4,708
638
540
605
137
210
6
831
167
225
140
1,078
861
86
44
5,568
7 ,664r
886
1,452
1,034
276
305
7
1,770
488
272
147
3,413
1,316
158
515
12,038
39
258
312
89
63
150
14,294
201
304
126
595
39
* 258
312
89
63
150
14,295
196
306
126
595
39
675
318
98
108
177
15,843
192
438
171
1,071
38
757
372
85
133
327
6,967
195
515
247
1,202
50
818
530
261
1,221
386
10,897
384
747
333
5,446
45
808
551
156
1,363
279
10,891
309
731
333
5,681
50
818
530
261
1,221
386
10,897
384
747
333
5,446
16,432
16,429
19,131
10,839
21,073
21,147
21,073
24
9
78
12
474
597
24
9
78
12
474
597
24
12
115
21
768
35
11
114
87
808
109
59
155
82
3,199
939
1,056
103
38
130
84
3,197
3,551
ll,8 6 2 r
3,604
103
38
130 '
84
3,197
3,551
635
2,539
370
202
4,226
11,235
192
2,449
3,414
843
288
358
629
2,810
340
212
4,600
10,229
202
2,498
3,302
827
247
361
1,477
8,807
103
7,065
122
2,517
34
122
1,209
8,862
243
7,p|0
158
2,641
35
218
47.166
3,4 W
.46.5Q3
3,956
894
2,050
927
281
317
6
1,734
476
238
164
3,351
1,263
133
468
822
1,755
1,065
258
326
8
1,668
517
225
171
3,501
1,348
143
492
886
2,465
1,077
278
313
6
1,727
656
217
174
3,559
1,398
113
737
12,361r
12,302
12,300
13,607
50
977
558
179
1,327
417
10,442
315
702
337
6,003
21,307
73
1,015
546
177
1,083
473
10,909
327
62 1
1,037
528
183
497
508
11,390
311
745
455
4,651
63
1,038
543
127
582
490
11,043
345
670
451
4,820
20,368 .
20,170
105
71
150
66
3,272
106
81
188
a
3,392
92
65
191
38
3,461
3,664
3,809
3,84S
642
327
6,136
21,708
112
66
159
57
3,472
3,867
,
916
42
Total other countries...................
957
957
Total foreign countries...................
53,632
53,661
59,284
Asian regional................................
African regional.............................
1,332
8
298
129
5
1,327
8
298
129
5
951
10
307
142
4
1,627
7
272
50
*
2,894
25
202
43
1
Total international and regional.
1,772
1,767
1,955
3,165
2,333
3,165
3,911
Grand t o t a l..........................................
55,404
55,428
1,413
60,697
69,074r
94,S15r
(91,8l6r
94,Sl5r
93,350r
1 /
Apr.p
900
2,l61r
859
284
319
6
1,747
500
256
152
2,918
1,211
155
892
3,027
51
3,077
International wad region al:
Inte rnat ion al..................................
lifer, p
916
42
3,131
59
3,190
67,119r
2,742
89
2,831
91,650r
Data in the tiro columns shown for this date d iffe r because o f changes
in reporting coverage. Figures in the f ir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
2/
*
I
2,759
86
2,845
2,049
30
213
40
■*
2,742
89
2,831
91,650r
2,661
88
2,748
49,437?
2,894
25
202
43
1
3,636
13
226
34
3
2,568
76
2,644
2,725 '
66 1
2,856
60
2.792 !
90,289
89,931 i
2.916
91,018
3,677
13
222
43
*
3,222
10
207
34 '
1 ,
3,298
13
202
65
1
3.955
3,473 1
94,245
93,404 j
column are comparable to those shown for the following date,
Through December 31, 1972, Bermuda included with Bahamas,
Less than $500,000.
p
Preliminary.
r
Revised.
9 4 ,59 7
88
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-4. - Short-Term Liabilities, by Type and Country, as of April 30, 1975
Preliminary
(Position in millions of dollars)
Short-term lia b ilit ie s payable in dollars
Country
Total
short
term
lia b ilit ie s
To foreign banks and o f f ic i a l institutions
Total
Deposits 1
/
U.S.
Treasury
b ills and
c e r t if
icates
Austria..................................................
Belgium-Luxembourg.............................
Denmark..................................................
Finland..................................................
France....................................................
Germany..................................................
Greece....................................................
Ita ly ......................................................
Netherlands................................. .
Norway....................................................
Portugal................................................
Spain........................................... .
Sweden....................................................
Switzerland..........................................
Turkey....................................................
United Kingdom.....................................
Yugoslavia............................................
Other Western Europe.........................
U.S.S.R..................................................
Other Eastern Europe.........................
629
2,810
340
212
4,600
10,229
202
2,498
3,302
827
247
361
1,477
8,807
103
7,065
122
2,517
34
122
620
2,672
308
204
4,431
10,019
158
2,342
3,196
776
198
253
1,461
8,198
99
6,323
117
2,476
33
119
184
285
103
75
516
519
101
399
422
302
179
213
262
1,863
98
816
66
431
28
96
159
1,590
202
1
3,167
9,356
15
1,557
2,495
264
4
Total Europe.........................................
46,503
44,001
3,390
6,960
---- 2*5"
22,991
292
2,346
950
139
93
1
424
239
115
55
3,089
734
33
565
102
427
684
117
84
1
308
54
74
52
1,551
351
16
42
97o73~
3,863
Canada........................................................
Latin America:
Argentina..............................................
Bahamas..................................................
Brazil.................... .............................
Chile..............................................
Colombia................................................
Cuba........................................................
Mexico....................................................
Panama...............................................
Peru......................... .............................
Uruguay..................................................
Venezuela..............................................
Other Latin American R epu blics....
Netherlands A ntilles and Surinam..
Other Latin America...........................
2,465
1,077
278
313
6
1,727
656
217
174
3,559
1,398
113
737
Total Latin America...........................
13,607
Asia:
China, People's Republic o f
(China Mainland)...............................
China, Republic o f (Taiwan)............
Hong Kong..............................................
India......................................................
Indonesia.............................................
Israel....................................................
Japan......................................................
Korea......................................................
Philippines...........................................
Thailand................................................
Other Asia............................... ............
63
1,038
543
127
582
490
11,043
345
670
451
4,820
40
486
100
52
39
163
840
176
410
56
958
3,321
1,054
1,608
1,310
47
160
To a ll other foreigners
Other 1 /
Total
8
100
30
8
130
164
44
149
77
49
41
101
13
527
4
617
4
41
1
3
277
797
3
127
748
144
42
385
279
210
15
40
144
4,726
1
4,197
4
1,884
5
21
18
7
605
152
V
T
593
91
123
139
220
5
1,298
416
103
119
466
663
81
162
589
78
120
137
218
5
1,092
292
102
111
456
618
65
127
4,402
4,478"
4,011
10
180
168
28
92
265
3,191
75
156
134
1,730
6,028
13
228
254
20
14
27
111
16
96
19
214
1,010
111
25
9
Total Asia............................................
20,170
A frica:
Sgypt......................................................
Morocco........................... .....................
South A frica.........................................
Zaire......................... ...........................
Other A frica.........................................
112
66
159
57
3,472
105
64
143
44
3,388
77
63
84
18
355
51
25
2,967
17
1
8
*
66
Total A f r i c a . . . ..................................
3,867
3,744
597
3,054
93
7
2
11
13
84
117
Other gflMfltertefi:
Australia..............................................
A ll other..............................................
2,856
60
2,828
50
299
34
2,330
5
199
11
26
9
Total other countries.......................
2,916
2,878
Total foreign countries.......................
91,013
^2,077
333
15,322
3,298
3,298
13
201
65
1
153
9
50
2
1
International and regional:
International.......................................
European regional...............................
Latin American regional....................
Asian regional.....................................
African regional........ ........................
13
202
65
1
11
2,335
210
39,4^3
27,332
758
2,388
4
143
48
8
15
302
171
1,918
264
22
5
*
97
178
40
3
933
231
17
521
49
810
288
99
567
459
10,901
329
574
432
4,604
19,112
143
20
19
436
31
6,870
78
8
242
1,916
9,762
7
46
22
8
115
130
44
81
49
43
35
96
12
264
4
202
3
16
1
2
14,050
~
19
U.S.
Treasury
Deposits 1 / b ill s and Other 1 /
c e r t if
icates
___ 36_
8,200
8
5
8
1
*
64
24
2
1
33
*
20
166
32
46
2
*
7
34
*
4
5
3
6
4
*
230
*
396
*
25
Short-term
lia b ilit ie s
payable
in
foreign
currencies
1
38
2
*
40
45
*
7
28
3
8
7
4
82
*
124
1
762
391
238
4
8
3
1
2
1
29
5
205
123
9
45
10
32
17
13
218
248
14
14
26
81
14
82
18
178
451
10
4
6
1
30
2
14
*
33
101
904
3
1
*
11
I T
i
8
*
5
31
1
48
7
2
11
13
78
34
6,545
Total international and region al..
3,579
781
215
2,583
8,200
Grand to t a l..............................................
85,656
15,536
6,545
29,915
40,204
V Deposits exclude negotiable time ce rtifica te s o f deposit, which are included in "Other" short-term lia b ilit ie s .
* Less than $500,000.
220
1,434
742
220
1,434
742
June 1975
---------------------------------------------------------------------CAPITAL MOVEMENTS_________________________________ __________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-5. - Short-Term Liabilities, Countries and Areas Not Regularly Reported Separately
(Position at end o f period in millions o f dollars)
Calendar year
1970
1971
1972
1973
Apr.
1974
Dec.
1974
"Other Western Europe"
Cyprus.................................................................
Iceland................. .'....................................................
Ireland, Republic o f ................................................
Malta............................................................................
Monaco..........................................................................
10
10
41
3
6
2
11
16
5
6
3
9
17
3
4
19
8
62
4
8
10
11
53
10
3
7
21
29
10
4
"Other Eastern Europe"
Bulgaria......................................................................
Czechoslovakia...........................................................
Estonia........................................................................
German Democratic Republic....................................
Hungary........................................................................
Poland..........................................................................
Romania........................................................................
8
5
2
2
3
23
10
4
14
2
2
5
20
6
5
10
2
6
5
36
8
16
18
2
7
12
33
17
6
19
2
3
8
36
16
36
34
3
n.a.
14
55
25
"Other Latin American Republics"
Bolivia........................................................................
Costa Rica...................................................................
Dominican Republic...................................................
Ecuador........................................................................
El Salvador.................................................................
Guatemala.....................................................................
Guyana..........................................................................
H aiti............................................................................
Honduras.......................................................................
Jamaica.......................................................................
Nicaragua.....................................................................
Paraguay......................................................................
Trinidad and Tobago..................................................
69
41
99
79
75
100
2
16
34
19
59
16
10
55
62
123
57
78
117
6
18
42
19
50
17
10
87
92
114
121
76
132
8
27
58
41
61
22
20
68
86
118
92
90
156
6
21
56
39
99
29
17
102
88
137
90
129
245
5
28
71
52
119
40
21
96
117
127
122
129
214
n.a.
35
88
69
127
46
107
"Other Latin America"
Bermuda 1 / ........................................ ....................
British Honduras.......................................................
British West Indies..................................................
French West Indies and French Guiana.................
1/
3
33
2
1/
3
32
1
124
4
36
2
244
4
109
3
201
3
354
7
116
7
"Other Asia"
Afghanistan.................................................................
Bangladesh 2 / .............................................................
Burma............................................................................
Cambodia......................................................................
Jordan..........................................................................
Laos..............................................................................
Lebanon........................................................................
Malaysia......................................................................
Nepal............................................................................
Pakistan......................................................................
Ryukyu Islands (including Okinawa) 2 / ................
Singapore....................................................................
Sri Lanka (Ceylon)...................................................
Viet-Nam......................................................................
Yemen (Aden)...............................................................
Oil producing countries 4 / ....................................
26
2/
4
2
14
5
54
22
19
38
18
57
4
179
4
263
19
2/
10
5
2
3
46
23
16
33
29
35
4
159
3
203
25
72
2
3
4
2
55
54
11
59
2/
77
5
135
1
534
22
9
12
2
6
3
62
58
16
105
1/
141
13
88
1
652
11
12
42
4
6
3
68
40
21
108
2/
164
13
98
1
1,331
18
21
n.a.
4
22
3
119
63
25
91
240
14
126
1
4,640
Tanzania.......................................................................
Tunisia........................................................................
Uganda..........................................................................
Zambia..........................................................................
17
19
*
8
3
38
22
195
7
17
8
1
1
9
7
8
10
23
11
1
8
2
9
23
274
6
46
13
2
1
6
9
3
13
32
57
1
10
6
23
30
393
6
85
31
2
3
11
10
7
28
111
79
1
20
10
23
42
331
8
78
15
2
3
12
7
6
22
110
118
8
22
13
20
29257
9
736
20
1
2
12
17
11
66
67
95
n.a.
18
7
n.a.
39
n.a.
22
n.a.
17
2
4
11
19
13
n.a.
"Other Countries"
New Zealand.................................................................
U.S. Trust Territory o f the Pacific Island s...
25
9
23
13
30
12
39
11
33
11
47
n.a.
"Other Africa"
Algeria........................................................................
Ethiopia (including E ritrea).................................
F. T.A. I. ( French Somaliland).................................
Ghana............................................................................
Ivory Coast.................................................................
Kenya............................................................................
Liberia.........................................................................
Libya............................................................................
Mozambique...................................................................
Nigeria........................................................................
"Portuguese West A frica".......................................
Southern Rhodesia......................................................
Note:
Data represent a partial breakdown of the amounts shewn for the
corresponding dates fo r the "Other1' categories in the regular monthly
series in the Treasury Bulletin.
1 / Bermuda included with Bahamas prior to December 1972.
2/
2 /
U
n.a.
3
1 /
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 (Trucial States),
Not available.
*
Less than $500,000.
90
Treasury Bulletin
________________________CAPITAL MOVEMENTS________________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-6. - Long-Term Liabilities by Type
(In millions o f dollars)
Payable in dollars
End of
calendar year
or month
Total
long-term
lia b ilit ie s
Foreign countries
Total
1968................................................
1969................................................
1970................................................
1971................................................
n.a.
n.a.
n.a.
‘ n.a.
n .a.
n.a.
n.a.
n.a.
n.a.
25
n.a.
n .a .
n.a.
n.a.
n .a.
n.a.
n.a.
n .a.
n.a.
50
42
106
311
506
, 546
\2,560
1,858
1,863
1,807
1,807
35
40
689
698
3,166
2,490
1,703
902
2,389
1,600
913
437
2,341
1,505
695
144
15
15
8
55
165
237
40
40
53
56
777
889
789
446
562
580
761
822r
1,025
1,005
974
978
1,005
920
849r
905r
822r
846
776
795
626
1/
U
June......................................
93
93
310
124
294
296
321
238
238
291r
261r
270r
269r
268r
July......................................
Aug........................................
Sept.....................................
Oct........................................
Nov........................................
Dec........................................
l,673r
l,498r
l,367r
l,293r
1,354r
l,285r
695r
493r
447r
445r
449r
464r
284r
28lr
28lr
263r
262r
261r
1,406
1,441
1,5^3
1,401
560
666
748
774
337r
136
93
111
112
124
223
336
426
462
87
87
100
79
89
74
73
75
76
73
71
75
79
266
264
255
253
71
66
67
59
1975-Jan........................................
Feb........................................
Mar.p.....................................
_
_
_
.
_
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n .a.
n.a.
n.a.
913
417
417
700r
464r
653r
639r
661r
1 9 7 3 .............................................
1974 ............................................
1974-Apr........................................
International
and regional
10
2
1
7
2
7
28
204
203
988
fl,000
\l,018
l,462r
l,285r
l,678r
l,644r
l,635r
1972 2 /
2/
Banks
Other
foreigners
10
2
1
7
2
7
69
310
513
1,494
1957................................................
1958................................................
1959................................................
1960................................................
1961................................................
1962................................................
1963................................................
1964................................................
1965................................................
1966................................................
1967 2 /
1 /
O fficia l
institutions
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
_
-
_
1
1
20
21
21
_
-
_
-
_
_
_
_
-
_
_
_
-
D ollar-foreign currency breakdown not available prior to 1966; amounts
coverage to those shown for the preceding date; figures on the second
reported for ea rlier dates assumed to have been payable in dollars.
lin e are comparable to those shown for the following date.
Data on the two lines shown for this date d iffe r because o f changes
n.a. Not available.
in reporting coverage. Figures on the fir s t line are comparable in
p Preliminary.
r Revised.
June 1975
91
_____________________________________________CAPITAL MOVRMRNTS
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-7. - Long-Term Liabilities by Country
(Position at end o f period in millions o f dollars)
Calendar year
Country
Europe:
1972 1 /
*
*
12
*
-
Other Western Europe.....................
Canada...................................................
*
-
Dec.
Nov.
1974
159r
H
*
9
*
lr
152r
*
1
1
*
*
*
1
¥
¥
5
15
*
-
*
9
2
1
2
1
*
*
*
*
*
¥
¥
1
1
¥
¥
*
*
*
*
¥
¥
¥
12
12
12
*
5
■*
63
*
*
5
¥
9
*
63
66
*
10
10
261
261
1
1
-
-
¥
1
8
8
¥
_
-
_
_
_
_
470r
226r
227r
226r.
8
19
15
19
-
!
¥
¥
1
1
1
2
1
58
5
58
1
2
1
58
5
2
2
6
1
1
1
1
_
_
Mexico................................................
28
28
Venezuela..........................................
Other Latin American Republics..
Netherlands Antilles and Surinam
•*
*
28
19
•*
*
*
28
19
*
1
1
9
4
4
3
136
136
132
*
*
*
-
-
-
1
*
1
1
1
Israel ...................................................................................
Japan.................................................
Philippines......................................
Other Asia........................................
Africa:
Egypt..................................................
Morocco..............................................
*
5
*
5
«
44
2
*
*
*
6
X
_
219
1
20
1
61
5
2
2
22
22
*
*
21
22
2
1
2
*
_
5
X
22
22
22
3
3
*
*
3
115
116
*
'
X-
¥
¥
3
*
V
115
¥
¥
118
119
*
¥
*
*
*
X
_
¥
*
_
*
*
*
*
1
1
<
*
*
*
*
1
¥
*
*
*
98
1
1
17
*
71
1
1
33
33
82
102
,
*
84
89
1
¥
1
*
6
6
*
98
193
*
306
102
201
314
1
¥
*
*
*
•*
*
*
¥
1
1
1
1
1
i
2
1
1
1
1
1
1
!
2
1
1
7
■*
7
*
7
*
*
All other..........................................
¥
1
*
*
*
¥■
Total other countries...................
7
7
7
¥
1
*
*
¥
464r
1
449r
464r
1
'
|
|
|
*
*
*
1
1
1
!
|
I
1
1
*
*
*
¥
560 ,
-
496
551
-
-
52
30
53
31
98
-
-
African regional ....................................................
Total international and regional
562
580
Grand t o t a l ............................................................................
1 ,00 0
1,018
112
-
761
l,462r
Data in the two columns shown for this date d iffe r because o f changes
in reporting coverage. Figures in the f ir s t column are comparable in
coverage to those shown for the preceding date 5 figures in the second
column are comparable to those shown for the following date.
652
654r
-
-
63 r
145r
107
652
-
63 r
692
57
97
1
905r
822r
846
l,285r
1,354r
l,285r
1 ,4 0 6
1,441
-
2/
*
p
-
-
116
*
*
*
_
-
*
*
*
*
1
*
6
396
*
431
404
439
*
*
*
*
1
*
*
*
1
1
*
*
*
*
748
774
674
537
5
38
74
38
822r
-
107
*
-
_
10
-
79
*
776
107
21
1
j
659
-
4
*
*
*
*
*
*
666
*
-
¥
1
480
120
6
*
*
*
*
¥
*
*
*
I
*
*
*
*
*
1
¥
¥
*
5
*
_
5
¥
-
1
22
3
*
>
1
*
*
*
61
5
1
60
5
■*
_
1 /
20
¥
1
700r
20
22
5
439
20
*
*
1
2
439
198
1
*
.Skt-ernat.i9.nal aiyi regional:
International...................................
European regional .................................................
Latin American regional .............................
202
58
5
-*
*
*
Other countries:
212
22
*
*
1
-
*
14
*
41
*
*
_
_
6
1
*
_
1
134
*
*
*
*
*
*
*
14
41
*
*
-
18
*
*
5
3
*
17
*
1
137
*
6
5
*
1
18
*
*
18
*
1
3
¥
13
*
42
8
2
India ..........................................................................................
*
¥
-
147
*
*
*
*
*
*
14
*
41
*
*
*
¥
*
213
-
*
-
1
1
¥
43r
55
Total Latin America.......................
'
1
150
*
¥
1
Asia:
China, People's Republic o f
(China Mainland)...........................
China, Republic o f (Taiwan)........
6
*
-
43r
*
53
2
*
6
*
43r
*
1
2
*
6
¥
53
Chile..................................................
*
¥
lr
152r
*
Apr.p
X
_
1
Mar. p
9
-
165
*
Feb.
¥
1
X
1
*
9
*
_
lr
152r
*
Jan.
165
1
Switzerland......................................
1973
12
1975
1974
20
65
1
|
795
626
1
1,543
1,401
-
Through December 31, 1972, Bermuda included with Bahamas,
Less than $500,000.
Preliminary, r
Revised,
W
Treasury Bulletin
PAPITAT
m o v e m e n t s ______________________________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-1. - Short-Term Claims by Type
(In m illions o f dollars)
Payable in foreign currencies
Payable in dollars
Loans
Total
short
term
claims
End o f
calendar
year
or month
O fficia l
in s ti
tutions
Total
Total
Other
fo r
eigners
Banks
Collec
tions
out
standing
for
account of
reporting
banks and
domestic
customers
Accept
ances
made for
account
o f fo r
eigners
Other
short
term
claims
Total
Deposits
of
reporting
banks and
domestic
customers
with fo r
eigners
Foreign
government
obligations
and
commercial
and
finance
paper
Other
short
term
claims
1957...................
2,199
2,052
930
242
386
303
423
6'99
147
132
15
1958...................
2,542
2,344
1,268
401
439
428
421
656
198
181
16
1959...................
2,599
2,407
1,309
351
498
460
516
582
192
178
15
I960...................
3,594
3,135
1,297
290
524
482
605
1,233
460
222
238
4,719
t 4,777
4,177
4,234
1,646
1,660
329
329
699
709
618
622
6Q4
700
1,837
1,874
543
543
342
343
200
200
1962...................
5,101
4,606
1,953
359
953
642
686
1,967
495
309
186
1963...................
5,887
5,344
1,915
186
955
774
2,214
384
543
343
157
42
[
7,411
^7,957
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
f7,6 3 2
\J7,735
7,158
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
96
f7,819
^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
8,158
$,182
3,137
3,150
30£
306
1,603
1,616
1,228
1,228
1,511
1,552
3,013
3,013
498
467
425
425
287
287
74
70
63
67
8,711
8,261
262
262
119
223
231
1,697
1,946
1,943
1,720
2,613
2,080
1,221
9,063
9,165
10,192
12,328
12,377
14,625
_ 14,830
3,165
3,281
3,278
3,051
4,503
3,969 2/f
5,674
*>,671
247
f9,578
^9,680
10,802
A.3,170
n.3,272
115,471
| l5,676
509
658
670
766
1,107
1,679
40
84
89
92
119
173
73
79
74
166
174
174
3,204
3,226
2,478
2,657
450
516
516
610
842
895
846
846
336
352
352
352
549
548
2,975
2,970
1,733
1,954
2,015
2,389
2,475
2,475
3,269
3,276
2,854
3,169
3,202
3,985
4,243
4,254
163
163
1,073
1,073
1,212
1,667
1,658
2,535
2,538
441
441
223
223
182
'182
3,935r
9,506r
662
1,210
428
668
119
289
115
253
857
884
957
99
113
207
180
217
243
283
289
169
160
141
170
164
233
240
229
253
3*1
336
290
241
219
244
246
254
f
[ 8 ,5 8 3
1967 1 /..............
^8,606
1968...................
1969 1 /..............
1970...................
1971
1 /
i / ........
1972 1 / ..............
1973...................
1974...................
1974-Apr............
May............
June..........
j
20,723r
1 38,889r
26,704r
29,925r
32,436r
33,854r
July..........
35,357r
Aug............
34,451r
Sept..........
Oct............
34,593r
Nov............ • 36,784r
Dec............
38,889r
38,973r
1975-Jan............
Feb............
39,772
Mar.p........
42,049
Aptr.p........
42,789
1/
2J
.
£
'
832
2 /
20,061r
37,680r
7,660
ll,3 1 3 r
284r
382r
4,538
7,352r
2,838r
3,579r
4,307
5,637
4,160
ll,2 2 3 r
25,846r'
29,041r
31,479r
32,851r
34,551r
33,533?
33,563r
35,756r
37,680r
37,684r
38,582
40,889
41,530
9,424** .
9,875r
ll,4 0 9 r
10,766r
ll,5 4 9 r
10,557r
10,002r
10,968?
ll,313r
10,232
10,313
9,661
10,659
354
367
390
480
453
528
371
439
382r
6,011r
6,314r
7,685r
6,715r
7,750r
6,678r
6,299r
7,102r
7,352r
3,059 ,
3,194
3,334
3,571
3,346
3,352
3,332
3,426
3,579r
4,805
5,081
5,107
5,152
5,295
5,245
5,356
5,345
5,637
, 5,846r
’ 6,660r
7,649r
9,205r
9,481r
9,552r
10,05Qr
10,717r
ll,223r
5,771r
7,424r
7,314**
7,729r
8,227r
8,178r
8,155r
8,726r
9,506r
1,003
805
918
1,030
1,028
1,210
589
611
687
626
461
468
547
515
668
361
379
310
362
6,318
6,414
5,718
6,519
3,553
3,521
3,633
3,778
£,565
5,346
5,415
5,339
ll,0 2 5 r
11,090
11,306
1 1 , 4a
10,863r
11,833
14,507
14,091
1,289
1,190
1,160
1,260
719
609
624
764
Data on the two lin es showxi for this date d iffe r because o f changes
in reporting coverage. Figures on the f ir s t lin e are comparable in
coverage to those shown for the preceding date; figures on the second
lin e are comparable to those shown for the following date.
Data on the second lin e d iffe r from those on the f ir s t lin e because
those claims o f U.S. banks on their foreign branches and those claims
|
130
o f U.S. agencies and branches o f foreign banks on their head o ffic e s
and foreign branches which were previously reported as loans are
included in "other short-term claims"; and a number o f reporting banks
are included in the series for the f ir s t time.
p Preliminary,
r Revised
June 1975
93
______________________CAPITAL MOVEMENTS_________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-2. - Short-Term Claims by Country
(Position at end o f period in millions o f dollars)
Calendar year
1975
1974
Country
1972
Europe:
Austria..............................................
Belgium-Luxembourg........................
Denmark..............................................
Finland..............................................
France................................................
Germany..............................................
Greece................................................
Italy.................................................
Netherlands................................
Norway................................................
Portugal ..........................................
Spain..................................................
Sweden................................................
Switzerland................. ...................
Turkey................................................
United Kingdom.................................
Yugoslavia........................................
Other Western Europe.....................
Other Eastern Europe.....................
Total Europe....................................
Canada...................................................
Latin America:
Argentina..........................................
Bahamas 2 / ........................................
Brazil................................................
Chile..................................................
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 o f (Taiwan)........
Hong Kong..........................................
India..................................................
Indonesia..........................................
Israel................................................
Japan..................................................
Korea..................................................
Philippines......................................
Thailand............................................
Other Asia........................................
Total Asia........................................
Africa:
Egypt..................................................
Morocco..............................................
South Africa....................................
Zaire..................................................
Other A frica....................................
1973
1 /
1974
Nov.
8
120 .
8
120
59
118
330
59
118
330
321
321
29
255
108
69
19
207
156
125
29
255
108
69
19
207
164
125
6
6
10
849
997
1,459
22
20
22
20
41
49
41
49
27
46
42
2,911
1,897
3,067
3,970
6 , 110 r
1,914
1,955
379
476
649
52
418
13
379
519
649
52
418
13
499
893r
900
151
397
1,20 2
1,20 2
244
145
40
383
244
145
40
383
388
388
14
36
4,437
14
36
4,480
1,373
274r
178
55
518
493
13
144r
11
21
42
21
18
384
46
308
384
46
401
621
311
35
316
133
72
23
222
153
176
10
12
5,900r
122
673
589
64
345
348
119
20
196
180
335
15
2,435r
6,831
2,517
2,773
2,904
...2,643..
2.932
2,910
720
3,398r
1,415
290
713
14
1,972
503
518
63
704
852
62
704
2,978r
1,493
291
675
13
1,898
402
720
3,398r
1,415
290
713
14
1,972
503
518
63
704
852
62
808
4,699
1,345
351
679
18
2,004
458
531
869
960
5,743
1,299
433
710
13
86
22
22
252
23
2 ,700r
38
22
1 2 , 362 r
63
643
810
74
920
ll,4 5 0 r
1 2 , 362 r
783
3,737
1,264
303
706
13
1,898
604
504
75
795
873
45
1,451
13,051
5
483r
233
16
140
208
1 2 , 420 r
835
325r
428r
666
15,765r
4
500r
223
14
157
256r
12,514r
955
372r
458r
771
I 6 , 224r
18
524
203
19
142
271
U,821r
1,116
302r
391r
739
15,545r
1 ,1 3 8
5,584
8,224
21
4
143
13
124
21
4
143
13
118
Total A frica....................................
304
299
35
5
129
60
159
388
111
18
329
98r
299
855r
Other countries:
Australia..........................................
All other..........................................
291
40
291
40
*
101
2,773
5,589
1/
106
39
166
99
267
17
2,770
110
147
16
88
155
6,398
403
181
273
392
International and regional..............
210
6,239
4
500r
223
14
157
256r
12,514r
955
372r
458r
771
16,224r
330
196
180
33 5
15
2,435r
136
893
435
42
277
16
674
53
147
859
399
54
334
157
114
26
234
6,331
31
15,674
20
22
550
41
137
896
387
46
287
187
104
32
150
72
5,660
140
330
160
339
14
2,332
28
38
28
673
589
64
345
348
119
54
132
892r
390
52
351
195
115
16
184
128
38
591
53
Apr. p
44
124
6 , 130 r
46
131
1
15,468
201
122
Mar. p
46
131
6 , 110 r
22
22
194
93
14
87
105
4,152
296
149
191
300
243
43
286
20,723r
45
107
791
438
57
340
183
97
25
Feb.
227
37
3,174
28
31
51
113
1
Total other countries...................
Jan.
147
48
108
194
93
14
87
105
4,158
296
149
191
300
Total foreign countries...................
Dec.
466
99
565
38,889r
*
486
91
12
299
101
291
795
492
104
597
36,783r
.... " T
1 ,1 3 8
111
18
329
98r
299
855r
466
99
565
38,889r
*
18
27
48
100
86
747
890
39
1,549
14,202
65
473
184
22
159
284
1 1 ,2 4 6
1,286
342
374
781
15,216
106
19
364
31
265
114
15
396
38
291
785
853
433
125
558
431
95
526
38,972r
...... 1
39,771 1
1
230
19
2,896
16
24
34
5,801
1,266
395
695
15
2,115
546
555
104
736
890
39
1,585
15,612
19
500
291
17
145
322
11,600
1,356
353
406
846
15,855
2,236
531
606
116
757
954
36
1,675
16,069
11
448
210
21
134
299
11,028
1,503
398
413
1,006
15,471
142
122
19
413
31
290
875
973
436
99
428
107
42,048
42,789
.... ..
1
1
™ ...."T
........... T
38,889r
38,973r
39,772 t
20,723r
38,889r 1 36,784r
15,471
15,676
42,049
Data in the two columns shown for this date d iffe r because o f changes
column are comparable to those shown fo r the following date,
in reporting coverage. Figures in the f ir s t column are comparable in
2 / Through December 31, 1972, Bermuda included with Bahamas,
coverage to those shown for the preceding date; figures in the second
p
Preliminary. r Revised.
Less than $500,000.
10
458
37
326
535
1
42,789
94
Treasury Bulletin
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 April 30, 1975
Preliminary
(Position in millions o f dollars)
Short-term claims payable in dollars
Loans
Country
Eurone:
Austria............................................
Belgium-Luxembourg.......................
Denmark............................................
Finland............................................
France..............................................
Germany............................................
Greece..............................................
Ita ly................................................
Netherlands.....................................
Norway..............................................
Portugal..........................................
Spain................................................
Sweden..............................................
Switzerland.....................................
Turkey..............................................
United Kingdom...............................
Yugoslavia......................................
Other Western Europe...................
Total
short
term
claims
Foreign
banks and
o f f ic i a l
in sti
tutions
Total
Total
Other
Collections
outstanding
for account
o f report
ing banks
and domestic
customers
Accept
ances
made for
accounts
of
foreign
ers
Short-term claims payable
in foreign currencies
Other
Total
Deposits o f Foreign
reporting
government
banks and
obligations
domestic
and commer
customers
cia l and
financial
with
foreigners paper
Other
Other Eastern Europe...................
16
674
53
147
859
399
54
334
157
114
26
234
101
227
37
3,174
28
31
51
113
14
618
49
146
817
282
54
313
122
111
26
228
93
193
37
3,093
28
30
50
113
9
139
21
54
173
95
20
110
40
40
6
137
70
123
26
940
22
16
24
93
8
113
16
43
134
72
17
86
13
32
5
115
57
98
22
840
19
10
21
92
1
26
5
10
39
23
3
24
27
8
1
23
12
25
3
100
3
6
3
2
5
21
12
7
68
46
20
71
39
23
12
64
18
28
11
156
4
12
25
14
*
1
15
85
32
5
*
75
9
47
8
23
3
7
64
*
2
1
5
*
458
1
*
544
136
13
56
34
2
*
2
2
36
*
1,933
2
1
*
*
2
56
4
1
42
117
*
21
35
3
*
7
9
34
*
81
*
1
*
*
2
28
4
1
29
115
*
13
34
3
*
6
8
28
*
38
*
1
*
*
*
*
*
*
-
*
29
*
*
14
2
*
8
1
*
*
1
*
5
*
43
*
*
*
*
Total Europe...................................
6,831
6,415
2,156
1,811
345
656
383
3,220
43-5
311
*
104
Canada..................................................
2,910
2,402
663
181
482
60
81
1,598
508
190
241
77
958
5,732
1,296
433
710
13
2,205
530
606
116
740
952
36
1,657
304
731
562
86
351
.
1,726
372
281
15
527
313
25
217
118
693
396
74
248
_
871
136
Other Latin American Republics.
Netherlands Antilles & Surinam.
Other Latin America.....................
960
5,743
1,299
433
710
13
2,236
531
606
116
757
954
36
1,675
114
166
1
153
186
38
166
12
103
855
236
37
4
413
148
24
64
125
7
234
27
42
12
90
28
20
4
99
189
11
24
502
2
463
315
288
.
277
33
301
73
104
376
*
23
28
4,992
37
5
29
1
113
97
4
24
9
73
*
1,393
11
3
*
*
32
1
*
*
17
2
*
18
*
3
*
*
*
.
22
*
*
*
10
1
*
*
_
_
*
*
-
2
9
3
*
*
_
9
*
*
*
7
1
*
17
Latin America:
Chile................................................
Peru..................................................
2
Total Latin America.....................
16,069
15,982
5,510
3,226
2,283
911
2,756
6,806
86
38
*
49
Asia:
China, People*s Republic o f
(China Mainland).........................
China, Republic o f (Taiwan). . . .
Hong Kong........................................
India................................................
Indonesia........................................
. Israel..............................................
Japan................................................
Korea................................................
Philippines.....................................
Thailand..........................................
Other Asia.......................................
11
448
210
21
134
299
11,028
1,503
398
413
1,006
9
447
208
20
134
298
10,831
1,503
398
2
31
15
2
37
94
896
26
54
39
221
19
49
1
45
2
184
12
39
7
87
*
53
29
10
13
22
2,881
96
61
63
225
327
62
3
35
179
5,031
1,333
176
277
91
7
18
53
3
3
1
1,838
36
68
25
377
2
1
2
2
*
1
197
*
*
1
5
2
1
2
2
*
1
192
*
*
1
4
*
.
-
1 ,0 0 1
2
50
64
3
82
96
1,080
38
93
46
308
.
_
-
*
*
*
_
*
4
*
*
_
1
Total Asia.......................................
A ll
15,471
15,260
1,862
1,418
444
3,454
7,514
2,430
211
206
*
6
Africa:
Egypt................................................
Morocco............................................ i
South A frica................................... i
Zaire................................................
Other A frica...................................
142
io
458
37
326
142
9
43 8
37
325
5S
4
101
29
184
56
4
27
27
96
3
*
74
2
88
1
4
60
1
107
81
1
270
6
31
*
1
7
*
3
*
*
20
*
1
*
*
5
*
*
_
•
.
-
_
*
15
1
377
210
167
172
390
12
21
6
-
16
7A
3
*
Total Africa...................................
973
951
Other countries:
Australia.........................................
A ll other.........................................
428
107
412
106
li
26
9
49
7
56
30
277
39
4
22
16
1
12
1
-
Total other countries..................
535
519
9C
35
55
86
316
26
17
13
-
3
Total foreign countries..................
42,789
41,529
10,656
6,880
3,777
5,339
11,441
14,091
1,260
764
241
254
International and regional............
1
1
1
1
*
_
-
-
-
-
Grand t o t a l.........................................
42,789
41,530
10,659
6,881
3,778
11,441
14,091
1,260
764
241
*
Less than $500,000.
5,339
254
June 1975
95
____________________ _CAPITAL MnviaMiiiTJ'r.q
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-4. - Long-Term Claims by Type
(In millions o f dollars)
Payable in dollars
Total
long-term
claims
End o f
calendar year
or month
1958..............................................
I960..............................................
1961..............................................
1962..............................................
Loans
Total
Total
O fficia l
institutions
Banks
Other
foreigners
1,174
1,362
1,545
1,698
2,034
2,160
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a..
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
660
730
273
273
397
397
33
33
703
716
1,328
1,342
1,659
1,685
2,372
2,550
1963-May 1 / .................................
f
2,293
t 2,379
-2,293
2,379
1963 1 / ........................................
J 2,837
\ 3,030
2,834
3,028
2,260
2,346
2,781
2,811
1964 1 / ........................................
j 3,971
4,285
1965..............................................
1966..............................................
1967..............................................
1968................. ...........................
1969..............................................
1 9 7 0 ...:......................................
1971..............................................
4,517
4,180
3,925
3,567
3,250
3,075
3,667
3,971
4,283
4,508
4,162
3,909
3,552
3,232
3,050
3,645
3,777
3,995
4,211 '
3,915
3,635
3,158
2,806
2,698
3,345
4,954
5,063
5,996r
7,155
6,783
6,830
7,087
4,914
5,023
5,924r
7,090
6,707
6,763
7,021
July....................................
Aug............... * ....................
Sept....................................
Oct......................................
Nov......................................
7,115
7,055
6,999
7,250
7,251
7,155
7,048
6,987
6,928
7,180
7,179
7,090
4,539
4,588
5,446r
6,481
6,140
6,214
6,475
6,502
6,448
6,386
6,571
6,561
6,481
1975-Jan......................................
Feb......................................
Mar.p..................................
Apr.p..................................
7,262
7,457
7,554
7,583
7,208
7,403
7,498
7,520
6,624
6,797
6,900
6,896
1972 1 / ........................................
1973..............................................
1974..............................................
1974-Apr......................................
May......................................
June....................................
1/
f
Other
long-term
claims
Data on the tiro lines shewn for this date d iffe r because o f changes
in reporting coverage. Figures on the f ir s t lin e are comparable in
coverage to those shewn for the preceding date; figures on the second
lin e are comparable to those shown for the following date.
725
728
793
702
669
528
502
504
575
833
844
l,160r
1,321
1,571
1,570
1,622
1,490
1,456
1,419
l,445r
l,377r
1,331
1,368
1,378
1,399
1,253
701
729
628
512
323
237
209
236
315
430
430
591
931
751
772
792
909
913
853
914
933
931
968
1,035
1,062
1,110
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
*
*
195
288
2
2
*
1
2,790
2,702
2,642
2,393
2,096
1,958
2,455
3,276
3,314
3,694r
4,219
3,819
3,872
4,061
297
247
274
394
426
352
300
9
18
15
16
18
25
22
375
435
478
609
567
550
546
40
40'
72
65
76
67
66
4,104
4,080
4,113
4,212r
4,250r
4,219
545
539
542
608
618
609
4,289
4,384
4,438
4,533
583
606
598
624
67
68
71
71
72
65
54
54
55
63
n.a. Not available.
p Preliminary.
r
Revised,
* Less than $500,000.
54
217
Treasury Bulletin
96
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-5. - Long-Term Claims by Country
(Position at end of period in millions
Calendar year
1975
1974
Country
1972
1971
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..................................
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.................
1
22
2
11
127
102
45
33
4
13
18
93
49
8
8
130
35
6
*
16
1973
1 /
18
11
18
146
100
45
49
11
19
28
106
40
5
9
150
48
6
3
22
29
22
174
106
89
61
20
47
8
113
28
3
39
148
72
5
129
154
723
228
1,9
2,020
22
7
81
10
35
246
79
160
22
165
829
49
4
73
23
147
319
79
163
17
326
1,200
49
13
73
23
149
353
96
171
17
326
1,271
62
90
33
54
29
230
251
103
169
18
543
1,582
3
70
35
148
3
70
36
158
Total Africa.
5
50
17
113
184
257
267
Qfther e q u a t e s :
Australia..........
All other..........
222
18
227
16
227
16
243
4,950
243
Total Latin America.
Asia:
China, People’ s Republic o f
(China Mainland)...................
China, Republic o f (Taiwan).
Hong Kong..................................
India..........................................
Indonesia..................................
Israel........................................
Japan..........................................
Korea..........................................
Philippines...............................
Thailand....................................
Other Asia.................................
Total Asia.
A frica:
Egypt..............
Morocco..........
South Africa.
Zaire..............
Other Africa.
Total other co u n tries....
Total foreign co u n tries....
Nov.
Dec.
23
13
50
25
191
94
198
96
33
61
8
122
30
8
83
329
110
23
178
233
1,908
23
13
47
36
198
110
215
93
34
59
8
142
25
13
83
339
106
35
175
237
23
13
50
25
191
94
198
96
33
61
8
122
30
8
83
329
110
23
178
233
1,908
14
12
45
40
197
76
228
99
32
58
8
137
31
7
81
323
111
28
216
249
1,992
486
475
486
142
19
662
136
87
1
464r
62
62
6
298
136
6
37
2 ,ll6 r
123
4
331
91
80
*
372
35
36
23
224
129
4
____ 7_
1,458
1974
150
19
577
174
108
*
383
57
71
10
264
167
7
10
154
19
583
174
108
*
390
57
71
10
270
167
7
___ 10_
3,667
4,954
5,063
157
27
849
132
70
25
676
70
99
2
220
203
28
16
Feb.
Mar. p
Apr. p
23
12
47
39
224
82
220
96
33
59
8
148
41
8
84
347
118
29
222
256
23
12
55
39
211
77
236
98
46
58
7
134
40
8
83
357
129
28
236
249
2,096
2,126
485
485
23
11
58
41
215
76
236
103
47
65
7
140
40
9
87
375
113
25
242
275
2.188
490
161
24
878
138
59
3
639
92
139
2
250
211
9
18
159
29
905
134
59
*
630
87
120
2
277
232
26
14
165
26
928
137
57
*
683
96
123
3
229
225
11
12
177
25
976
139
61
2,603
2,675
2,695
2,786
23
192
44
41
81
228
248
119
137
18
473
16
226
47
41
83
10
235
43
38
87
210
?42
142
137
21
326
1.490
163
25
840
156
64
1
688
77
110
2
244
202
13
17
2,602
2,574
163
25
840
156
64
1
688
77
110
2
244
202
13
17
2,602
35
194
47
43
71
245
258
103
135
19
466
34
183
46
47
73
248
257
116
148
22
475
35
194
47
43
71
245
258
103
135
19
466
1,617
1,649
1,617
29
208
49
47
72
228
248
120
146
19
469
1,635
14
1
74
39
238
14
1
74
39
238
16
1
74
54
240
366
15
*
73
38
254
380
366
386
16
1
76
53
274
420
154
___ 23_
177
128
40
116
30
128
40
124
42
126
46
168
146
168
166
172
123
47
170
5,992r
7,147
7,246
7,147
7,257
7
5
7
5
7,451
6
7, 548
6
7,155
7,251
7,155
7,262
7,457
7,554
16
2
88
31
219
355
International and regional.
Grand to ta l.
1,991
506
Jan.
5,996r
Data in the two columns shown for this date d iffe r because o f changes
in reporting coverage. Figures in the f ir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
2/
*
p
1,603
240
247
135
137
20
464
1,656
19
1
81
50
266
416
Through December 31, 1972, Bermuda included with Bahamas
Less than $500,000.
Preliminary.
r
Revised.
_
681
112
129
6
225
229
9
16
1
19
1
85
53
294
453
126
46
171
7,578
6
7,583
June 1975
97
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 April 30, 1975
Preliminary
(Position in m illions o f dollars)
Long-term claims payable in dollars
Country
Total
long-term
claims
Total
Loans
Other
Long-term
claims
payable in
foreign
currencies
Europe:
23
11
58
41
215
76
236
103
47
65
7
140
40
9
87
375
113
25
242
275
23
11
58
41
215
76
236
103
42
65
7
uo
40
8
87
375
113
25
242
275
23
11
57
41
194
74
227
90
41
64
7
136
40
7
84
254
111
25
241
275
1
1
*
20
2
9
13
1
*
*
3
*
1
3
121
2
*
2
1
2,188
2,181
2,003
179
6
490
455
375
79
35
177
25
976
139
61
176
25
976
139
61
150
25
933
78
57
27
*
43
61
3
*
681
112
129
6
225
229
9
16
679
112
129
6
224
229
9
16
652
109
125
6
205
216
4
16
27
3
4
*
19
13
4
1
2
Total Latin America........ .............................
2,786
2,781
2,576
206
4
Asia:
China, People's Republic o f (China
Mainland) ........................................ ..............
China, Republic o f (Taiwan).......................
Hong Kong..................... ........................ ...........
In dia................................................................
Indonesia...•••••........ ••••••••••••••••••
Israel........ ....................... .............................
Japan.............................................................. .
Korea.................................................................
P h i l i p p i n e s ......................................
Thailand...................................................
Other A sia .......................................................
10
235
43
38
87
210
p/p
142
137
21
326
10
235
43
38
87
210
Turkey...............................................................
Chile.................................................................
Colombia..................... ....................................
Cuba........................................................ .
Mexico...............................................................
Panama..............................................................
Peru...................................................................
Uruguay.............................................................
Venezuela.........................................................
Other Latin American Republics.................
Netherlands Antilles and Surinam..............
Other Latin America......................................
OLO
142
21
326
■jno
JUO
n
f
j
on
-21
1XO
A
1XO
(\
co
18
1,490
19
1
85
53
294
19
IQ
17
68
53
294
65
282
X
12
Total A frica .....•••••......................... .
453
435
419
17
Other countries:
Australia......................................................
A ll other..........................................................
126
46
126
46
123
46
2
3
International and racriniml.............................
Grand t o t a l .........................................................
*
Less than $500,000.
*
*
1
1
o
c.
38
80
206
6Oll 1l
126
i pi
1± Q
7
1,490
Total foreign cou ntries.......................... .
*
5
/ *3
Total Asia........................................................
Total other cou ntries............................. ..
*
9
IQ*?
Africa:
EJgypt..................... ..........................................
Morocco.••••••••••••••••••••••••••••••••
South A frica.......... ......................... ..............
Z a ire................................................................
Other Africa..................... ....................... .
1
*
“
~
*
“
”
1 TO
o
171
171
169
7,578
7,515
6,892
6
6
4
1
7,583
7,520
6,896
0<ch
oo
1(
T7
± f
OJ
9
8
Treasury Bulletin
_____________________________________________ CAPITAL MOVEMENTS__________________________________________ _ _
Section HI - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-1. - Liabilities by Type
(In millions o f dollars)
Short-term lia b ilit ie s
End of
calendar year
or quarter-end
month 1 /
Total
lia b ilit ie s
566
1957......................................
Total
Payable in
dollars
Payable in
foreigfT
currencies
Long-term
lia b ilit ie s
491
428
62
75
71
60
1958......................................
499
440
368
1959......................................
664
581
512
69
83
I960 2 / ................................
1961-Mar. _ 2 /.......................
June 2 / .......................
r
<
596
574
485
507
424
437
6 1J
")
70
89
f
674
691
583
600
510
525
73
76
91
f
756
778
673
684
563
572
111
113
83
94
<
(
Dec...............................
1962-June 2 / .......................
Dec. 2 / .......................
f
(
f
{
1963......................................
1964 -June 2 / .......................
f
\
Dec...............................
1965 2 / .................................
f
I
J
833
678
569
109
155
778
817
626
665
527
551
99 ^
114 J
151
798
805
637
644
508
513
129
130
^
J
161
775
626
479
148
148
763
725
622
585
471
441
151 1
144 J
140
807
700
556
144
107
943 ^
958 j
810
600
210
f
\
136
147
1966......................................
1,419
1,089
827
262
329
1967 2 / .................................
f 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
3,511
I 4,428
1,786
2,124
1,399
1,654
387
471
5,780
2,677
2,181
496
1,725
2,304
3,102
5,863
5.901
V 6,659
^ 7,083
2,704
2,763
2,229
2,301
2,635
2,961
•475
463
3,159
3,138
484
492
3.540
3,631
1°73......................................
8,039
4,094
3,326
76*
3,945
1973-Dec...............................
8,039
4,094
3,326
768
3,945
1974-Mar...............................
8,382
4,523
3,636
887
3,859
June.............................
8,798
5,248
4,223
1,024
3,550
Sept.............................
9,102
5,747
4,690
1,057
3,355
4,909
1,020
3,514
1969
1 /
.................................
f
1970......................................
1971 2 / ................................
1972 2 / .................................
Dec. p.........................
(
(
9,443
Note:
Breaks in series arising from changes in
amount to $5 m illion or less fo r any year are
cases, only the figure comparable to that for
shown.
1 / Data are shown for calendar year ends and for
quarter ends fo r which figures are available.
3,119
3,453
5,929
reporting coverage which
fo r earlier quarter ends when the reporting coverage changed,
not shown; in such
2/
Data on the -faro lines shown for this date d iffe r because of
the following date is
changes in reporting coverage. Figures on the f i r s t lin e are
comparable in coverage to those shewn for the preceding date;
most recent fiv e
figures on the second lin e are comparable to those shown for
Data are also shewn
the following date, p Preliminary.
June 1975
99
r iP I T A I
m W H M B IIT g
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-2. - Short-Term Liabilities by Country
(Position at end o f period in millions o f dollars)
Calendar year
1974
1973
Country
19 71
1972
y
1973
y
Dec.
Mar.
June
Sept.
Dec .p
5
66
2
2
142
117
4
108
70
5
16
66
17
104
2
817
3
2
*
4
5
65
2
2
136
117
4
103
69
5
16
65
17
104
2
890
3
2
*
4
2
75
9
4
163
145
24
118
102
9
4
79
12
122
3
949
7
2
*
3
2
88
7
4
167
164
15
121
109
14
4
81
13
105
4
1,093
7
2
*
3
3
136
9
7
168
234
40
116
125
9
13
77
48
102
18
934
28
3
6
25
3
136
9
7
168
234
40
116
125
9
13
77
48
102
18
934
28
3
6
25
5
226
17
8
161
237
21
133
114
9
24
68
43
92
26
1,132
31
3
5
21
12
405
18
9
204
220
28
143
104
8
17
56
52
112
28
1,253
36
6
9
22
18
489
22
12
192
246
28
150
113
10
20
57
40
106
38
1,429
34
7
62
15
21
516
20
16
235
314
40
143
107
9
19
66
38
136
25
1,235
60
5
50
16
1,551
181
1,611
1,830
2,103
260
2,103
260
2,742
3,087
3,071
209
2,004
215
2,376
181
329
305
297
290
18
275
21
14
7
*
22
5
7
2
16
33
3
5
19
323
35
18
8
1
27
8
5
6
17
35
10
7
24
425
64
20
9
*
46
13
15
2
36
51
6
22
19
208
78
7
18
36
281
119
20
14
*
64
28
13
2
49
83
25
81
733
733
577
19
307
125
10
22
*
76
19
11
2
43
60
7
59
761
28
325
160
14
13
*
64
21
15
2
53
63
8
50
519
19
391
35
18
7
1
26
18
4
7
17
39
10
4
596
24
425
64
20
9
*
46
13
15
2
36
51
6
22
429
18
289
22
14
7
*
22
5
7
2
16
32
3
5
442
818
815
1
18
12
27
10
10
177
13
7
3
142
420
1
18
11
26
10
10
173
13
5
3
141
412
32
28
12
7
12
12
149
20
15
5
117
410
32
26
12
7
15
19
225
21
16
5
103
482
42
34
41
14
14
25
297
37
17
6
173
700
42
34
41
14
14
25
297
37
17
6
173
700
20
51
24
14
13
31
374
38
9
7
262
844
39
72
19
13
22
39
374
45
19
7
404
1,054
23
72
19
10
38
40
352
66
28
10
431
1,089
17
94
19
7
49
51
346
75
25
10
547
1,240
1
1
31
1
34
67
25
3
7
1
56
92
25
3
8
1
59
96
10
15
14
19
110
168
10
15
14
19
110
168
35
25
22
21
109
212
12
17
24
15
139
206
6
14
35
17
100
172
3
14
43
18
115
Total A frica....................................
1
1
31
1
34
68
Qjtey...ff.<BBrtrles:
Australia..........................................
A ll other..........................................
46
9
42
8
118
12
118
12
134
22
128
32
130
130
156
94
24
117
4,094
*
4,094
*
4,495
5,184
5,622
.........'59
4,094
4,094
4,523
Austria..............................................
Belgium-Luxembourg.........................
Denmark..............................................
Finland..............................................
France................................................
Germany..............................................
Greece................. .............................
Italy.................................................
Netherlands......................................
Norway................................................
Spain..................................................
Sweden................................................
Switzerland......................................
Turkey................................................
United Kingdom.................................
Yugoslavia........................................
Other Western Europe.....................
U.S.S.R..............................................
Other Eastern Europe.....................
Total Europe....................................
Canada, T. TTTTt T............... ............
Latin America:
Argentina..........................................
Bahamas 2 / ......................................
Brazil................................................
Chil*.................................................
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 o f
(China Mainland)...........................
China, Republic o f (Taiwan)........
Hong Kong..........................................
India..................................................
Indonesia..........................................
Israel................................................
Japan..................................................
Korea..................................................
Philippines......................................
Thailand............................................
Other Asia........................................
Total Asia........................................
Africa:
Egypt..................................................
Morocco..............................................
South A frica....................................
Zaire..................................................
Other A frica....................................
Total other countries...................
55
50
47
13
60
Total foreign countries...................
2,763
3,119
International and regional ............
2,704
*
-
-
45
14
59
3,452
*
Grand to t a l..........................................
2,704
2,763
3,119
3,453
1/
Data in two columns shown for this date d iffe r because of changes
in reporting coverage. Figures in the f ir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
2/
*
p
77
14
17
3
50
45
5
37
W
5,248
160
193
132
30
162
125
5,771
158
5,747
5,929
Through December 31, 1972, Bermuda included with Bahamas,
Less than $500,OCX),
Preliminary,
100
Treasury Bulletin
_________________________________CAPITAL MOVEMENTS______________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-3. - Short-Term Liabilities, by Type and Country, as of December 31, 1974
Preliminary
(Position in millions of dollars)
Country
Europe:
Total
short-term
lia b ilit ie s
Payable in
dollars
Payable in
foreign
currencies
21
516
20
16
235
314
40
143
107
9
19
66
38
136
25
1,235
60
5
50
16
3,071
18
371
19
16
203
117
37
119
98
9
19
62
34
105
22
950
53
5
35
14
2,306
2
145
1
*
32
196
3
24
9
*
*
5
4
31
3
285
7
*
15
2
765
290
235
55
36
281
119
20
14
*
64
28
13
2
49
83
25
81
35
248
118
20
13
*
62
20
11
2
42
79
24
78
815
753
1
33
1
*
*
*
2
8
1
*
7
4
*
3
62
17
94
19
7
49
51
346
75
25
10
547
1,240
17
93
16
5
48
50
311
74
22
8
541
1,186
1
3
2
1
1
34
1
3
2
6
Zaire..................................................
Other A frica.....................................
3
14
43
18
115
3
14
41
17
110
Total A frica.....................................
193
186
*
*
2
1
4
7
55
29
77
1
Total other countries...................
332
30
162
84
78
Total foreign countries...................
5,771
4,751
1,020
International and regional..............
158
158
-
Grand to ta l..........................................
5,929
4,909
1,020
Belgium-Luxembourg.........................
Portugal ..........................................
Canada..........
Latin America:
Chilo..................................................
Colombia ..........................................
Panama................................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Asia:
China, People's Republic o f
(China Mainland)...........................
<3hina, Republic o f (Taiwan)........
Hong Kong..........................................
India..................................................
Indonesia..........................................
Israel................................................
Thailand............................................
Total Asia........................................
Africa:
Egypt..................................................
Morocco..............................................
Other countries:
Australia..........................................
A ll other..........................................
* Less than $500,OCX).
54
June 1975
101
_____________________________________________ CAPITAL MnvF.MF.NTa
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-4. • Long-Term Liabilities by Country
(Position at end o f period in millions of dollars)
Calendar year
1973
1
1974
Country
1971 1 /
1972 1 /
Europe:
1973
Dec.
*
175
36
*
28
386
8
156
219
2
*
4
5
544
*
1,107
*
*
_
*
Mar.
June
Sept.
Dec. p
*
175
36
*
28
386
8
156
219
2
*
4
5
544
*
1,107
*
*
_
*
2
175
39
*
23
396
6
158
213
2
*
5
26
535
*
1,142
*
*
_
*
1
185
32
*
19
399
1
146
197
1
*
4
28
525
*
1,121
*
*
*
1
166
30
*
17
382
1
140
194
1
1
3
28
504
*
1,071
*
*
_
*
1
177
29
*
14
436
1
145
208
1
2
3
30
535
*
1,079
*
*
4
*
2,670
2,670
2,721
2,660
114
117
110
2,541
107"
2,667
114
1
253
3
1
1
*
261
a
72
558
19
201
164
*
4
5
3
453
890
*
*
2,670
*
261
41
81
553
19
201
164
*
4
5
3
455
866
*
*
_
2,652
*
254
43
*
78
348
20
152
236
*
*
3
*
475
*
949
*
*
2,560
72
73
64
2
213
38
*
52
358
20
158
207
*
*
3
5
558
*
968
*
*
_
2,583
86
1
285
1
1
*
1
14
*
*
2
3
10
*
1
280
1
1
*
_
1
14
*
*
2
3
10
*
1
250
1
1
*
_
1
11
3
1
2
4
64
1
1
343
1
1
*
_
1
11
1
1
2
4
18
1
1
466
1
1
1
_
3
4
*
*
1
7
5
9
1
466
1
1
1
_
3
4
*
*
1
7
5
9
1
323
3
1
1
_
3
4
*
*
1
7
5
5
319
314
340
385
499
499
355
4
4
*
*
1
6
5
4
283
*
*
*
_
5
39
*
1
*
1
47
_
*
*
*
_
5
39
*
1
*
1
47
_
*
*
1
*
6
481
*
5
*
1
495
*
*
1
1
*
6
482
*
5
*
1
497
*
*
1
*
*
8
501
*
6
*
2
520
*
*
1
*
*
8
501
*
6
*
2
520
*
*
1
*
*
9
513
*
7
*
2
532
*
*
1
*
1
4
322
*
7
*
2
336
South Africa....................................
*
*
*
_
7
*
*
•*
_
7
*
*
*
_
6
*
*
*
_
6
*
*
6
_
1
*
*
6
*
1
Toted A frica....................................
7
7
6
6
8
*
*
6
_
1
8
45
*
45
*
74
*
74
*
135
*
135
*
45
45
3,138
____ 75.
3,631
-
135
3,159
3,945
*
3,631
3,945
3,945
Belgium-Luxembourg.........................
Ita ly..................................................
P ortu ga l......................... ................
United Kingdom........ .......................
Canada...................................................
'
100
Latin America?
Chil*.................................................
Colombia.,........................................
Cuba...................................................
Panama..............................................
Uruguay..............................................
Venezuela.........................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Total Latin America.......................
Asia:
China, People’ s Republic of
(China Mainland)...........................
China, Republic o f (Taiwan)........
Korea.......................................... .
Thailand............................................
Other Asia........................................
Total Asia........................................
Africa:
Egypt..................................................
1
196
3
1
1
_
4
4
*
*
1
6
5
8
1
172
3
1
1
232
208
*
*
1
*
*
4
318
*
7
*
2
*
1
1
*
*
3
355
*
6
*
7
333
373
*
*
5
*
1
*
*
4
*
*
4
1
8
6
6
1
6
126
*
154
*
138
*
161
*
135
127
162
3,859
-
155
3,550
-
138
3,945
*
3,355
-
3,514
-
3,859
3,550
3,355
3,514
3
7
*
*
1
7
5
6
Otter 99\artr.teg:
A ll other..........................................
Total other countries...................
International and regional ............
-
-
74
3,540
-
Grand to ta l..........................................
3,159
3,138
3,540
Total foreign countries...................
1/
Data in the two columns shown for this date d iffe r because of changes
in reporting coverage. Figures in the fir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
2/
*
p
Through December 31, 1972, Bermuda included with Bahamas,
Less than $500,000.
Preliminary,
102
Treasuiy Bulletin
.CAPITAL MOVEMENTS.
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-1. - Claims by Type
( In millions o f dollars)
Short-term claims
End of
calendar year or
quarter-end month
Payable in foreign currencies
Total
u
Payable in
dollars
Deposits with banks
abroad in reporter's
own name
Long-term
claims
Other short-term
claims payable in
foreign currencies
947
777
637
78
63
170
1958..................................
943
720
568
88
63
223
1959..................................
1,009
705
605
68
32
304
1,775
1^1,859
1,432
1,505
824
875
58
71
549
560
344
354
1,633
\ 1,701
1,248
1,305
939
968
76
89
233
248
385
396
1,895
\ 1,934
1,496
1,528
1,181
1,208
122
126
193
194
399
406
Sept. 2 / .................
f 2,099
\ 2,117
1,646
1,664
1,323
1,340
131
132
192 "1
192 J
453
Dec...........................
2,138
1,636
1,335
150
151
502
12,678
f 2,443
1,807
1,974
1,475
1,598
178
208
153
168
636
704
Dec. 2 / ...................
f 2,809
2,867
2,051
2,098
1,625
1,668
214
217
212
2l2
758
769
1963-War. 2/ ...................
> 2,929
2,979
2,113
2,162
i;712
1,758
201
204
200 1
200 J
816
June 2/ ...................
{ 3,048^
^ 3,164J
2,282
1,877
222
183
Dec. 2 / ...................
f 2,854
2,922
2,131
2,188
1,739
1,778
201
199
191
211
723
734
1964-June 2 / ...................
f 3,297
2,482
2,430
2,000
1,952
220
219
262
260 J
815
Dec. 2 / ...................
f 3,738
2,776
2,853
2,306
2,338
189
205
281
310
962
1,081
1965 2 / .............................
f 3,565
1 3,438
2,397
2,299
2,000
1,911
167
166
229
222
1,169
1,139
1966..................................
3,884
2,628
2,225
167
236
1,256
1967 2 / .............................
f 4,483
< 4,581
2,946
3,011
2,529
2,599
201
203
216
209
1,537
1,570
1968..................................
5,572
3,783
3,173
368
241
1,790
1969 2 / .............................
<f 5,925
1 6,523
3,710
4,159
3,124
3,532
221
244
365
383
2,215
2,363
7,110
4,160
3,579
234
348
2,950
1971 2 / ...........................
8,303
t 8,067
5,185
5,000
4,535
4,467
318
289
333
244
3,118
3,068
1972 2 / .............................
jfi
9,034
9,775
5,721
6,366
5,074
5,699
410
393
237
274
3,312
3,409
12,334
8,512
7,596
485
431
3,823
1973-Dec...........................
12,334
8,512
7,596
485
431
3,823
1974-Mar...........................
lk,kk?
10,503
9,561
400
542
3,9U0
420
516
3,938
1957..................................
I960 2 / .............................
{
1961-Mar. 2 / ...................
f
June 2 / ...................
f
1962-June
% /
...................
.
^ 3,245
^ 3,934
1970..................................
1973...................................
f
f
t
766
882
June.........................
15,008
11,071
10,135
Sept.........................
14,780
10,725
9,748
419
558
4,055
10,209
461
616
4,231
Dec.
d
........... ..
15,517
11,286
Not©:
Breaks in series arising from changes in reporting coverage which
amount to $5 m illion or less for any year are not shown; in such
cases, only the figure comparable to that for the following date is
shown.
1 / Data are shown for calendar year ends and for the most recent five
quarter ends for which figures are available. Data are also shown
2/
p
for earlier quarter ends when the reporting coverage changed.
Data on the two lines shown for this date d iffe r because o f changes
in reporting coverage. Figures on the fir s t lin e are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date,
Preliminary.
June
1975
103
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
1974
Country
1972 1 /
1971 1 /
1973
Dec.
Mar.
June
Sept.
Dec. p
17
106
46
44
284
51
244
112
18
49
244
71
102
34
1,544
49
15
77
27
17
106
46
44
310
284
51
244
112
18
49
244
71
102
34
1,544
49
15
77
27
16
152
37
42
412
337
87
335
103
22
112
414
74
91
41
1,837
30
19
57
22
17
139
27
80
537
345
76
409
126
35
101
420
106
78
46
1,871
41
23
69
28
15
114
25
91
491
322
69
431
144
32
69
424
97
154
41
1,768
39
20
54
36
25
131
40
120
458
340
65
418
147
36
81
382
89
136
45
1,855
43
22
91
51
3,444
1,245
3,444
1,245
4,240
4,574
1,577
4,438
4,574
1,534
1,570
1,617
47
626
231
43
40
1
235
61
47
5
134
135
13
222
47
626
231
43
40
1
235
61
47
5
134
134
13
222
52
746
411
78
44
1
260
94
65
6
136
172
13
167
53
977
523
64
51
1
263
84
60
5
172
172
17
157
59
518
419
124
49
1
287
114
40
6
190
182
14
169
1,838
1,838
2,245
2,599
2,169
69
594
460
103
50
1
292
132
43
5
193
193
20
148
2,302
11
120
49
37
54
38
901
105
73
19
239
1,646
11
120
49
37
54
38
901
105
73
19
239
1,646
8
180
69
36
51
38
1,224
109
87
21
264
?,089
3
118
68
31
67
37
980
124
86
22
314
1,850
8
127
64
37
81
53
1,109
123
108
23
311
2,043
19
137
64
37
85
44
1,154
201
94
24
386
2,246
9
3
62
18
124
216
9
3
62
18
124
216
9
2
69
20
152
13
4
85
17
195
16
5
90
13
201
253
314
325
18
7
101
19
233
378
110
31
142
117
39
134
44
178
Europe:
14
62
15
18
208
192
35
191
69
13
16
125
40
63
9
957
13
13
14
13
2,080
14
60
15
18
202
192
34
186
68
13
16
124
40
63
9
947
13
13
14
13
2,052
20
62
28
23
220
176
39
194
78
17
21
137
56
79
47
1,044
12
14
23
19
19
73
29
25
231
195
35
205
84
16
19
157
57
82
48
1,216
12
12
23
19
2,309
2,557
909
777
897
963
55
366
19®
47
46
1
151
21
34
5
81
101
9
24
1,090
54
366
148
46
45
1
151
21
34
5
81
99
9
24
1,084
59
520
175
33
41
1
180
19
40
4
89
91
12
23
1,289
55
662
172
34
39
1
181
85
36
4
92
95
13
34
1,504
1
41
24
37
29
23
411
63
49
15
146
*
67
24
33
33
31
456
63
49
15
201
972
*
67
34
34
48
31
510
67
59
23
201
844
1
41
23
35
28
22
405
68
48
15
144
830
9
3
41
6
97
9
2
41
6
97
156
155
7
3
53
5
73
140
80
17
94
20
Total other countries.. . . . . . . . . .
83
19
102
International and regional.............
5,182
"" ...... K '
United Kingdom.................................
U.S.S.R..............................................
Canada......................... .........................
310
Latin America:
Chil*..................................................
CUba....................................................
Panama................................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Total Latin America.......................
Asia:
China, People’ s Republic of
China, Republic o f (Taiwan)........
Africa:
Egypt..................................................
Other A frica....................................
1,075
6
4
52
8
90
160
Other countries:
All other..........................................
5,185
98
83
23
107
97
25
97
25
123
4,996
..T "
114
5,721
...—I ” '
6,365
1
8,511
*
123
8, 511
*
10,502
5,000
5,721
6,366
8,512
8,512
10,503
1 / Data on the two columns shown for this date d iffe r because of changes
in reporting coverage. Figures in the f ir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
2/
*
p
.
1_ ,
157
11,070
...... I...
11,071
120
49
169
10,724
....... "I "■
11,286
*
10,725
11,286
Through December 31, 1972, Bermuda included with Bahamas,
Less than $500,000.
Preliminary,
Treasury Bulletin
104
.CAPITAL MOVEMENTS.
Section IV - 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
(Position in millions of dollars)
Country
Payable in foreign currencies
Total
short- term
claims
Payable in
dollars
Deposits with banks abroad
in reporter's own name
Other short-term claims
payable in foreign currencies
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.................................
25
131
40
120
458
340
65
418
147
36
81
382
89
136
45
1,855
43
22
91
50
4,574
24
108
38
120
441
314
63
394
134
34
80
376
86
112
43
1,693
42
21
90
50
4,263
*
18
*
*
2
3
1
5
1
*
*
2
*
13
2
113
*
*
*
*
162
1
5
2
*
15
23
2
18
13
1
1
3
3
12
*
49
*
*
1
1
148
Canada....................................................
1,617
1,229
54
334
69
594
460
103
50
1
292
132
43
5
193
193
20
148
2,302
68
584
441
103
49
*
290
125
38
5
185
180
19
147
2,232
*
10
18
*
1
1
1
5
3
■*
4
5
*
1
49
1
*
*
*
1
1
2
3
*
4
7
*
1
21
19
137
64
37
85
44
1,154
201
94
24
386
19
132
57
31
76
42
955
200
86
23
369
*
1
1
5
*
*
159
*
1
*
5
4
7
1
9
2
40
1
7
*
12
2,246
1,990
172
84
18
7
101
19
233
14
6
86
17
217
4
*
4
1
10
*
1
11
*
6
378
341
19
18
120
49
169
106
47
153
5
1
6
9
1
10
11,286
*
10.208
*
461
-
616
11,286
10,209
461
616
Latin America:
Argentina..........................................
Bahamas..............................................
Brazil................................................
Chil®..................................................
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 o f (Taiwan),
Hong Kong................................
India........................................ .
Indonesia................................ .
Israel...................................... .
Japan........................................ .
Korea........................................ .
Philippines..............................
Thailand.................................. .
Other Asia................................
Total Asia................................
Africa:
Egypt........................................
Morocco.................................... .
South A frica........................... .
Zaire........................................ .
Other A frica...........................
Total A frica...........................
Q-frher cou n tie s:
Australia.................................
All other.................................
Total other countries..........
Total foreign countries..........
reg ion a l...
Grand to ta l..................................
* Less than $500,000.
;
June 1975
105
.CAPITAL MOVEMENTS,
Section IV - 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 o f
calendar year
or month
1970......................................
iono o /
Short-term
investments 1 /
Total
Demand
973
805
19
19
58
rl,078
VI, 163
901
985
66
66
691
625
28
Time
557
549
699
702
786
1,192
Total
45
45
40
90
86
69
59
133
133
87
177
178
50
51
332
49
77
77
222
49
49
60
250
269
1,306
1,068
1,222
951
1,062
116
161
1,141
rl,6 4 8
V I,507
847
697
1,092
1,078
150
1,295
1,205
203
127
rl,965
v.2,373
1,615
1,966
3,160
2,623
1,446
1,910
2,586
169
55
37
350
408
537
2,572
56
2,629
3,293
June...........................
Sept...........................
Oct.............................
1975-Jan.............................
Feb.............................
Mar.............................
76
86
294
173
121
354
302
234
234
307
340
427
120
68
403
261
664
42
68
109
1
3,678
3,581
3,669
3,661
3,111
3,027
3,113
3,112
1
3,011
2,967
3,037
3,049
3,771
3,504
3,073
2,696
2,996
3,293
3,227
3,328
3,226
3,297
2,992
2,521
2,155
2,394
2,629
3,223
2,941
2,491
2,130
2,378
2, 572
74
51
30
25
15
56
474
513
552
540
602
664
2,564
2,560
2,488
2, 519
2, 512
2,449
45
48
39
663
768
738
................... ....
92
88
174
183
I
1974-Mar.............................
Short-term
investments 1 /
Time
227
219
168
1,638
1973......................................
Demand
114
57
48
/ % 318
V I ,491
1968......................................
10*71 ? /
Deposits
Deposits
r 917
V 844
1966......................................
Payable in foreign currencies
Payable in dollars
Total
short-term
liquid
claims
99
60
76
62
567
554
556
550
1
348
346
329
369
341
369
362
324
325
403
316
356
347
j
i
1
Note:
Data represent the liquid assets abroad o f large nonbarikiftg con
cerns in the United States. They are a portion o f the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM-IV-3.
1 / Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity o f not more than one year
2/
;
219
209
227
181
133
144
189
216
277
261
348
411
391
.
i
from the date on which the obligation was incurred by the foreigner.
Data on the two lines shown for this date d iffe r because o f changes
in reporting coverage or cla s s ifica tio n . Figures on the f ir s t l:n e are
comparable to those shown for the preceding date; figures on the second
lin e are comparable to those shown for the following date.
Table CM-IV-5. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
|j
Calendar year
1975
1974
1
Country
1970
1972 1 /
1971 1 /
1973
Nov.
Dec.
Jan.
Feb.
Mar.
Netherlands......... .
Swi tzerland.................
United Kingdom................
6
12
31
15
6
7
372
14
39
4
22
3
6
577
14
39
3
22
3
6
580
21
23
5
16
2
21
702
34
25
13
17
2
21
912
51
18.
10
16
7
6
1,116
9
3
4
5
7
10
1,283
23
3
10
4
12
15
1,339
13
11
11
3
9
14
1,134
20
11
10
3
5
17
1,076
24
10
11
3
5
19
1,053
Canada................. ....
436
587
443
485
535
770
942
943
1,113
1,133
1,107
144
259
259
459
562
589
263
391
432
491
463
77
132
137
299
320
381
306
384
381
149
3,226
Belgium-Luxembourg......... .
Japan................... .
58
54
Total..................... .
1,141
77
61
1,648
61
1,507
114
277
152
172
181
177
2,373
3,160
2,996
3*293
3,227
3,328
100
1,965
Note:
Data represent the liquid assets abroad of large nonbanking concerns in the United States. They are a portion o f the tota l claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM-IV-3.
i/ Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity o f not more than one year
from the date on which the obligation was incurred by the foreigner.
2/
2/
Data on the two lines shown for this date d iffe r because of changes
in reporting coverage or cla ssifica tion . Figures on the f ir s t line are
comparable to those shown for the preceding date; figures on the second
lin e are comparable to those shown for the following date.
Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not lis te d above.
Treasury Bulletin
106
_____________________________ CAPITAL MnvBMRWTfi
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-6. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns,
by Type and Country, as of March 31, 1975
(Position in millions of dollars)
Payable in dollars
Total
short-term
liquid
claims
Country
A ll other countries 2 / ...................
Total
Short-term
investments 1 /
Deposits
16
9
7
16
9
7
-
1
1
19
4
2
4
2
1,053
996
981
15
1,107
705
686
20
463
459
459
-
3
3
331
195
195
-
187
170
17
149
93
90
3
56
54
2
3,226
2,488
2,449
39
738
347
391
11
i
Short-term
investments 1 /
Total
24
10
Ita ly ....................................................
Payable in foreign currencies
3
5
-
Deposits
9
1
9
1
-
3
2
3
2
-
1
1
-
17
17
-
57
57
-
402
30
372
-
Note:
Data represent the liquid assets abroad o f large nonbanking concerns
on demand or having a contractual maturity o f not more than one year
in the United States. They are a portion o f the tota l claims on foreigners
from the date on which the obligation was incurred by the foreigner,
reported by nonbanking concerns in the United States and are included
2 / Includes the liquid claims of $500 thousand or more held by reporting
in the figures shown in Tables CM-IV-1 through CM-IV-3.
concerns in any country not liste d above.
1 / Negotiable and other readily transferable foreign obligations payable
107
J u n e 1975
.CAPITAL MOVEMENTS.
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-7. - Long-Term Claims by Country
(Position at end of period in millions of dollars)
1973
Calendar year
Country
Europe:
Austria..........................................
Belgium-Luxembourg.....................
Denmark..........................................
Finland..........................................
France............................................
Germany..........................................
Greece............................................
Ita ly.............................................
Netherlands..................................
Norway............................................
Portugal ......................................
Spain.............................................
Sweden............................................
Switzerland..................................
Turkey.......................................... .
United Kingdom............................
Yugoslavia....................................
Other Western Europe.................
U.S.S.R..........................................
Other Eastern Europe.................
1972 1 /
1971 1 /
1973
1974
Dec.
8
10
2
6
45
9
37
56
339
30
13
55
25
52
26
290
16
7
20
9
8
10
2
6
45
9
37
56
339
30
13
55
25
52
26
290
16
7
20
9
1,053
1,053
....... m r
Mar.
Sept.
June
Dec.p
8
9
2
3
53
9
25
52
343
33
12
54
25
26
26
369
15
6
24
10
7
14
1
5
54
8
24
50
329
25
11
52
22
37
25
363
16
6
*
11
8
14
1
6
53
23
23
49
337
14
10
49
22
42
23
370
12
5
*
10
8
15
2
7
54
23
21
40
280
12
9
46
35
42
3
364
11
4
11
11
1,106
1,060
1,072
992
1,021
1
4
7
3
19
20
67
40
333
28
15
86
43
6
2
128
13
12
_
5
832
1
4
7
3
19
20
67
40
333
28
15
86
43
6
2
128
13
12
_
5
832
2
4
7
6
22
7
53
54
343
25
13
70
34
28
15
163
16
11
*
7
7
7
7
6
26
7
43
52
366
28
16
65
34
29
27
191
16
13
*
7
878
946
Canada...............................................
America:
Argentina......................................
Bahamas 2 / ..................................
Brazil............................................
Chi1«.............................................
Colombia,, ............................
Cuba...............................................
Mexico............................................
Panama............................................
Peru...............................................
Uruguay.........................................
Venezuela......................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America...................
761
717
775
79^
66
4
174
216
34
9
60
29
28
4
30
225
*
7
66
4
174
217
34
9
60
29
28
4
30
225
*
7
60
25
187
238
32
9
64
35
16
4
30
241
*
2
48
131
145
254
12
9
79
44
18
18
38
239
1
12
48
131
145
254
12
9
79
44
18
18
38
239
1
12
45
100
194
250
13
9
81
45
16
19
63
229
1
11
46
29
184
249
12
9
138
59
15
19
67
226
1
10
Total Latin America...................
Asia:
China, People's Republic of
(China Mainland).......................
China, Republic o f (Taiwan)..,
Hong Kong......................................
India.............................................
Indonesia.................................... .
Israel...........................................
Japan.............................................
Korea.............................................
Philippines..................................
Thailand...................................... .
Other Asia....................................
886
887
59
8
184
236
30
9
60
36
16
4
30
223
*
7
902
943
1,048
1,048
1,075
1,064
33
2
15
21
49
141
79
48
17
62
33
2
15
21
41
136
85
48
17
62
461
10
52
2
15
30
92
122
73
83
8
85
572
10
52
2
15
30
92
122
73
83
8
85
572
48
6
13
30
115
117
82
81
468
40
1
18
32
75
134
68
63
16
83
529
52
4
U
25
91
118
76
89
8
89
Total Asia.................................. .
A frica:
Egypt.............................................
Morocco.........................................
South A frica................................
Zaire.............................................
Other A frica................................
39
1
17
28
74
156
85
63
16
83
562
4
1
6
*
75
86
4
1
6
*
75
86
4
*
9
1
72
4
*
2
1
78
4
*
22
2
87
87
86
77
5
82
100
5
105
102
5
107
139
Total foreign countries...............
78
5
83
3,115
3,065
3,308
3,405
. 3,819
International and regional.........
2
4
............. 4
........... r
■...... r
y
5
5
Grand to t a l................... .................
3,118
3,312
3,409
3,823
3,823
3,941
3,938
4,055
4,231
Total Europe................................
Total A frica................................
Qfther CQitfftyies:
Australia................................
A ll other......................................
Total other countries..... .........
......
3,068
Data in the two columns shown fo r th is date d iffe r because o f changes
in reporting coverage. Figures in the f ir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
.......
2/
*
p
948
.... . w
1,000
46
28
181
278
11
9
145
77
18
18
68
221
*
1
1,102
1,344
94
53
9
12
32
124
114
111
83
7
92
43
7
11
24
123
107
125
75
6
90
566
594
637
611
4
v
22
2
87
3
1
22
4
88
115
115
119
3
1
24
5
89
122
3
1
17
8
90
118
3
1
17
8
96
125
122
17
122
17
121
21
122
22
106
22
104
20
139
142
3,819
3,936
144
3,932
4,050
8
128
Through December 31, 1972, Bermuda included with Bahamas.
Less than $500,000.
Preliminary.
44
18
187
434
11
9
143
87
19
18
153
217
3
1
....
124.
4,226
Treasury Bulletin
108
.CAPITAL MOVEMENTS.
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-1. - Foreign Purchases and Sales of Long-Term Domestic Securities by Type
(In millions of dollars: negative figures indicate net sales by foreigners or a net outflow of capital from the United stafcaal
Marketable Treasury bonds and notes
Corporate and other securities
Net foreign purchases
Calendar year
or month
Foreign countries
Toted
195 8
195 9
196 0
196 1
196 2
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
197 3
1974
36
689
127
512
-728
671
-338
-76
-616
-43
^489
-45
56
1,672
3,316
305
-500r
1974-Apr..
May..
June.
-237
-28
-101
July.................
Aug...................
Sept..................
Oct...................
Nov...................
Dec...................
23
-37
-116
70
91r
155r
1975-Jan...................
Feb...................
Mar.p................
Apr.p................
. 245r
293
1,063
-260
O fficia l
in sti
tutions
Other
foreign
ers
-237
524
-98
-20
-207
369
Inter
national
and
regional
Gross
foreign
purchases
Gross
foreign
sales
1,224
1,217
1,730
1,744
1,780
1,867
1,149
1,077
680
585
443
528
691
2,414
4,358
*2,738
3,235r
1,188
528
1,603
1,231
2,508
1,196
1,487
1,153
1,296
629
932
574
634
742
1,043
2,433
3 ,735r
-59
-20
-245
48
-380
-115
-<41
1,661
3,281
465
-642
36
95
56
30
51
59
123
-119
-22
5
70
273
165
224
532
-521
302
-315
-151
-427
-121
-161
11
-25
130
57
-165
74r
-172
-7
16
-50
-3
-82
29
-97
.
25
150
14
-11
26
38
50
20
118
182
614
-66
9
102
28
17
-73
-60
-
Net
foreign
purchases
Net
of
corporate foreign
and other purchases
securities
Bonds
Stocks
2 /
Gross
Gross
foreign
foreign
purchases sales
Net
Gross
foreign
foreign
purchases purchases
-39
435
252
223
60
207
-173
-375
678
1,070
4,234
2,688
1,582
1,435
4,068
4,764
l,491r
17
73
50
-99
-51
9
176
38
1,011
313
1,964
1,202
956
703
1,881
1,979
951r
361
369
442
317
308
256
461
675
1,553
2,243
4,446
3,054
2,499
2,967
4,723
5,812
8,162r
344
296
392
416
359
246
284
637
542
1,929
2,481
1,853
1,543
2,263
2,842
3,832
1 7,209r
-56
363
202
323
111
198
-349
-413
-333
757
2,270
1,487
626
731
2,188
2,785
540r
1,397
2,224
1,977
3,067
2,260
2,724
3,076
3,720
4,740
8,033
13,118
12,429
8,927
11,626
14,361
12,762
7,634**
25r
-llr
42r
llr
88r
15r
-22
-13
21
583r
580r
555r
521r
590r
460r
673
604
450
190
533
236
260
462
455
261
228r
55r
261r
203
66
219r
549
327
630r
9
47
-82
32
16r
-16r
225
427
161
120
313
183
201
410r
451r
97
350
298
132
319r
296r
-5
189r
251r
225r
-lOOr
-177r
541
820
989r
895
796r
639r
118r
9
422
-211
842r
700
1,344
530
596r
407
281
789
5r
278r
266r
205
-112r
-154?
307r
264
600
248
346
262r
411
546
630r
737
670r
896r
816r
119r
-269
365
-11
476r
267
604
322
357r
536
240
333
Data include transactions in issues o f states and municipalities, and
o f corporations and other agencies o f the U.S. Government.
p
Preliminary.
r
731
1,383
1,148
1,318
Gross
foreign
sales
1,454
1,862
1,775
2,745
2,149
2,527
3,425
4,133
5,074
7,276
10,848
10,942
8,301
10,894
12,173
9,978
7,094r
559
591
513
510
502
445
695
616
429
541
849
912
1,058
Revised.
Table CM-V-2. - Foreign Purchases and Sales of Long-Term Foreign Securities by Type
(In millions o f dollars; negative figures indicate net sales by foreigners or a net outflow o f capital from the United States)
Calendar year
or month
Net foreign
purchases
o f foreign
securities
1958...................................... .
1959...................................... .
1960...................................... ,
1961...................................... .
1962...................................... ,
1963...................................... .
1964...................................... .
1965...................................... .
1966........................................
1967........................................
1968........................................
1969........................................
1970........................................
1971........................................
1972........................................
1973........................................
1974........................................
-1,3^3
-750
-645
-830
-1,048
-1,044
-728
-953
-685
-1,320
-1,695
-1,547
-915
-984
-622
-818
-2,056r
197^-Apr.................................
May.................................
June...............................
July...............................
-144
-66
-105
Sept...............................
Oct.................................
Nov.................................
Dec.................................
1975-Jan.................................
Feb.................................
Mar. p...........................
p
r
Preliminary,
Revised.
-145r
-125r
-34r
-338r
-56
-393
-1,085
-475
-476
-163
Foreign bonds
Net foreign
purchases
Gross foreign
purchases
Foreign stocks
Gross foreign
sales
-1,026
-512
-562
-460
-944
-1,095
-928
-1,242
-914
-1,163
-1,380
-1,029
-951
-935
-1,031
-993
-2,239
889
946
883
802
1,093
991
915
1,198
1,778
2,024
2,306
1,552
1,490
1,687
1,901
1,474
1,045
1,915
1,458
1,445
1,262
2,037
2,086
1,843
2,440
2,692
3,187
3,686
2,581
2,441
2,621
2,932
2,467
3,284
-178
103
89
74
282
154
269
94
59
72
86
92
101
251
214
152
362
170
524
1,207
554
650
397
-6 4
-194
-158
-155
-80
-276
-78
-423
-1,076
-436
-464
-177
131
118
186
220
Net foreign
purchases
Gross foreign
purchases
Gross foreign
sales
467
566
509
596
702
696
748
906
960
880
1,252
1,519
1,033
1,385
2,532
1,729
l,903r
.........T O
804
592
966
806
644
548
617
731
1,037
1,566
2,037
998
1,434
2,123
1,554
1,718
155
174
117
12
29
47r
-62r
22
30
189
173
207
128
146
146r
91r
124
117
-9
-39
-11
14
147
134
148
155
156
173
159
141
-336
-238
-83
-370
-104
51
200
290
229
-157
-314
-517
35
-49
409
176
185r
34
-2
90
116
117
100
152
102
87
109
June 1975
CAPITAL MOVEMENTS
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-3. - Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country
(In millions of dollars; negative figures indicate net sales bv forei
Calendar year
1974
Country
Europe:
1973
*
*
*
*
1
*
1
1
*
*
5
■*
150
-11
95
*
*
4
*
*
-8
5
*
-1
5
4
**
16
-4
*
70
5
■*
67
242
377
*
*
-
Italy.................................................
Portugal ..........................................
*
*
*
*
*
*
*
79
-15
-
4
Other Eastern Europe.....................
Canada...................................................
Latin America:
-
C hile.................................................
Colombia ..........................................
Other Latin American Republics..
Netherlands Antilles and Surinam
*
*
Africa:
Egypt................................................-
-253
4
*
*
*
*
*
_
*
*
*
_
_
_
*•
_
_
_
-
*
*
*
-
_
_
_
-
*
*
<
Total foreign countries ...........
V
_
-
_
-
3
2
*
1
7
*
_
_
171
2
*
*
*
*
*
-
*
20
-1
*
_
_
*
_
*
-1
200
2,664
173
-854
-1
*
-
26
*
13
*
-
-
*
_
*
*
-
-6
_
*
_
-
*
*
1
1
36
*
49
1
-
Mar. p
*
1
_
_
*
199
_
*
_
*
_
*
-1
21
_
_
_
Apr. p
_
*
_
10
*
*
*
*
-
*
3
12
_
_
*
-
-
-
31
221
26
-16
44
-113
5
-128
_
*
*
_
*
*
-
80
-80
*
*
_
38
38
23
3
26
-1
*
60
*
-34
-5
-1
-1
140
-114
-6
20
*
-1
5
884
908
_
_
*
*
_
_
13
-
7
-
*
*
*
*
*
*
*
*
10
_
_
V
_
_
_
*
-
19
*
-1,054
_
_
-
81
5
86
_
_
_
_
_
*
*
_
*
•
i
_
-
_
*
-2
*
_
*
-
5
200
100
209
525
50
200
113
214
530
50
_
_
-
*
*
*
_
-
_
_
_
_
_
_
125
25
125
25
25
-
*
-25
-
-
-
-
-
-25
-
_
-
-
-
-
25
*
-25
-
*
-25
-
-
-
3,258
470
-573
76
171
127
285
642
..- - 4 9 ...
60
-3
-
-185
20
-
321
16
-
*r
15
-
-lOr
-6
-
H 8r
-
11
-2
-
401
20
-
-209
_
-2
57
-165
74r
337
I6r
'-I6 r
118r
9
422
-211
-500r
1,342
91r
155r
245r
293
1,063
-260
10
*
-
i ; m
_
*
*
_
10
*
*
-5
-7
_
A ll other..........................................
Total other c o u n tr ie s .... .......
*
V
*
*
-25
*
_
-5
*
_
1
-2
*
*
*
-1
131
_
_
_
_
_
-
«.
1
-
1
*
-6
*
*
-2
24
_
*
*
-2
_
-2
Feb.
-32
2
*
*
_
*
-1
-5
*
*
Jan.
34
*
*
-
-
Dec.
97
-
*
_
*
2,663
*
4
*
_
-1
200
Nov.
-1
-3
*
*
*
1
2
118
1
_
*
321
•*
*
Asia:
China, People's Republic of
Philippines......................................
1974
*
-
*
*
India.................................................
1975
through
Apr. p
1972
1975
_
-
*
10
-
International and regional:
International..................................
Latin American regional...............
Asian regional................................
Total international and regional
Grand t o t a l........................................
3,316
305
1 / Through December 31, 1972, Bermuda included with Bahamas,
p Preliminary.
* Less than $500,000.
r Revised.
61r
13
-
110
Treasury Bulletin
CAPITAL MOVEMENTS
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-4. - Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country
(Position at end of period in millions o f dollars)
Calendar year
1975
1974
Country
1972
Europe:
Belgium-Luxembourg.........................
Portugal ..........................................
United Kingdom.................................
Canada,, , , , , T, . , , 11, Tt TT- - T............
Latii\ America:
1973
Panama................. .............................
Other Latin American Republics..
Netherlands Antilles and Surinam
Asia:
China, People's Republic of
(China Mainland)...........................
China, Republic o f (Taiwan)........
Korea.................................................
Philippines.....................................
Thailand............................................
Africa:
Egypt..................................................
Dec.
Nov.
Jan.
Feb.
*
10
*
1
*
9
*
*
6
9
*
1
251
30
*
493
76
5
*
11
1
1
*
9
*
*
4
9
*
1
252
31
*
529
*
76
5
*
12
1
1
*
9
*
*
3
9
*
1
252
30
*
578
547
558
789
582
885
917
7n“
885
916
959
*
14
1
1
*
208
*
*
3
9
*
1
252
29
*
599
*
77
5
1,180
713
697
584
588
460
*
4
*
4
*
*
*
*
4
*
*
*
*
4
*
*
*
*
4
*
*
*
*
4
*
*
*
*
4
*
*
*
4
*
*
*
*
4
*
*
*
_
_
_
_
_
_
*
*
*
*
*
*
*
*
*
*
*
*
-
_
_
_
_
_
-
-
-
-
-
-
*
1
2
*
4
3
2
1
4
3
83
6
4
3
60
3
4
3
83
6
4
3
82
6
80
*
*
*
4
3
7
14
100
74
100
99
713
X
77
5
X
X
*
_
*
*
_
_
6
*
*
4
3
108
6
*
*
4
3
103
5
239
125
118
*
142
*
*
*
*
*
*
*
*
-
-
-
-
-
-
-
_
-
1
1
1
1
1
14
21
21
21
-
-
-
_
-
-
-
_
_
-
-
-
-
-
-
-
*
4,380
*
*
*
9
*
4,552
2
*
*
8
*
3,498
2
*
*
208
*
3,498
2
*
*
8
*
3,498
2
*
*
208
4,391
4,563
3,709
3,509
3,709
*
*
3,498
2
*
*
308
3,822
*
3,496
2
*
*
518
_
4,037
*
3,496
2
5
*
1,043
4,567
*
*
*
*
*
_
_
_
_
*
3,496
2
5
*
1,093
4,617
*
-
-
_
_
_
*
*
*
*
152
152
*
*
152
152
*
*
152
152
*
*
152
152
*
*
152
152
*
*
152
*
*
162
152
162
25
*
*
*
*
*
*
*
*
*
-
5,557
5,685
5,969
6,611
*
6,562
l80r
61
*
190
59
*
592
79
*
383
77
*
249
6,218
_
_
25
25
Total foreign countries...................
25
5,661
*
*
6,131
5,557
a^d yeftioa*4:
International...................................
Latin American Regional...............
Asian regional.................................
186
28
*
1
48
*
62r
61
*
214
5,874
49
6,179
122r
138r
122r
240r
5,680r
5 ,525r
5,& 0r
5,925r
Total international and regional
1,206
*
10
3
1
*
9
*
*
6
5
*
1
276
30
*
498
76
5
25
-
Grand t o t a l..........................................
*
14
1
1
*
209
*
*
3
9
*
1
252
32
*
611
*
77
5
*
10
*
1
*
9
*
*
6
9
*
1
251
30
*
493
76
5
157
158
Total other countries...................
Apr. p
*
7
*
1
2
3
*
*
1
5
*
1
235
34
423
71
5
133
133
OfflteE CQijjrt.ries:
Australia..........................................
A ll other..........................................
Mar.p
*
6
*
1
2
3
*
*
1
*
*
1
85
45
327
71
5
-
C h i> ..................................................
1974
Note: Data represent estimated o f f ic i a l and private holdings o f marketable
U.S. Treasury securities with an original maturity o f more than one
year. Data are based on a benchmark survey as o f January 31, 1971 and
25
5,387
71r
67
*
1/
p
62r
61
*
_
_
671
460
7,282
7,022
the monthly transactions reports.
Through December 31, 1972, Bermuda included with Bahama.
Preliminary.
r
Revised.
*
Less than $500,000.
111
June 1975
CAPITAL MOVEMENTS
Section 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
(In millions o f dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1972
Europe:
Austria..............................................
Belgium-Luxembourg.........................
Denmark..............................................
Finland..............................................
1973
1974
0.975
through
Apr. p
Other Eastern Europe.....................
6
30
5
1
336
77
-1
48
74
31
*
4
2
135
*
367
*
188
1
4
11
6
1
201
-33
*
56
-19
46
*
3
28
333
-1
275
317
*
-1
-15r
6
*
96
27r
*
-15
183
8
1
2
2
96
*
329r
—
48
*
1
7
*
-3
-26
17
*
1
-1
53
*
-100
*
_
_
Total Europe....................................
Canada...................................................
1,303
82
1,230
672r
-67
Greece................................................
Ita ly.................................................
Netherlands......................................
Norway................................................
Portugal............................................
Spain.................................................
Sweden................................................
Switzerland......................................
Turkey................................................
United Kingdom..............................
Yugoslavia........................................
Other Western Europe....................
W t a 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 o f (Taiwan)........
Hong Kong..........................................
India..................................................
Indonesia..........................................
Israel................................................
Japan..................................................
Korea.................................................
Philippines......................................
Thailand............................................
Other Asia........................................
Total Asia........................................
Africa:
Egypt.................................................
Morocco..............................................
South A frica....................................
Zaire..................................................
Other A frica....................................
49“
*
18
1
*
*
_
-1
*
*
*
1
*
8
16
2
1
*
-1
-2
*
5
6
*
1
2
1
26
2
22
44
43
*
8
*
*
-1
580
*
*
*
*
_
-1
4
*
*
1
-264
*
*
*
892r
588
632r
*
*
6
323
*
*
*
_
2
*
*
*
Total A frica....................................
2
*
*
Qtfrer cpxtfrtrteg:
Australia..........................................
A ll other..........................................
*
*
10
*
Total other countries...................
*
10
Total foreign countries...................
1,733
1,922
International and regional:
International..................................
Total international and regional
50
1
25
*
*
1
-2
3
*
*
*
*
-7
*
*
4
*
*
*
313
1975
1974
Country
Nov.
-1
-14
*
*
39
Dec,
Jan.
Feb.
Mar.p
*
1
_
*
-4
3
*
*
*
*
*
■*
3
_
-83
*
_
_
*
-4
*
*
1
2
*
-2
-26
-1
*
-2
35
*
-99
*
_
_
Apr. p
*
-4
*
*
4
-2r
*
-2
2
*
*
*
-1
-20
*
-
1
1
*
*
1
*
*
-1
-4
5
*
*
1
54
*
-
*
-12
*
*
2
3
*
-1
*
18
*
*
*
6
*
59
*
-
-23
11
56
-80
-4
74
14
*
2
*
*
1
-1
*
-1
-1
*
*
*
*
10
_
23
*
_
_
32
16
4
5
1
2
*
*
*
_
1
*
_
*
1
*
-7
*
*
1
*
*
*
*
*
_
-1
2
*
*
*
2
*
1
*
*
*
*
_
*
5
_
1
*
*
10
*
*
*
*
*
*
1
-1
*
*
*
1
*
*
-94
2
2
*
*
*
_
*
2
*
*
4
1
-13
1
-1
*
*
_
_
*
_
1
-3
1
17
-1
_
*
3
*
_
*
-18
_
*
*
607
592
_
*
*
_
_
*
-2
_
*
_
400
399
_
*
1
_
_
*
-17
_
*
_
109
93
_
*
*
*
_
*
*
_
*
_
151
152
_
*
_
_
*
*
*
_
_
_
_
_
_
_
_
*
*
_
*
*
_
*
*
*
*
10
*
1
*
*
*
_
-
*
*
564
387
162
239
1
-27
355
-242
-1
-242
9
1
10
-7
.
-7
-269
365
-11
*
*
*
_
*
10
l,407r
145
*
3
148
52
*
-470*
*
14
-
-362
1
-
-487r
*
-
-337r
-2
-
52
-456r
-360
-487r
-3 39*
-122r
2
-120r
1,881
1,975
951r
204
-lOOr
-177r
119r
Note: Data include transactions in issues o f states and municipalities,
and o f corporations and other agencies o f the U.S. Government.
3 / Through December 31, 1972, Bermuda included with Bahamas.
p
Preliminary.
* Less than $500,000.
r Revised.
*
1
*
1
_
*
M
l
35
37 _
_
_
*
*
1
*
*
*
_
*
*
*
*
*
*
-5
*
*
2
*
-1
1
—
4
3
_
_
1
_
_
*
-20
_
*
_
341
322
*
*
_
*
1
_
*
*
80
81
_
_
*
*
*
*
*
*
*
_
*
*
*
*
.
-
Treasury Bulletin
112
______________________ CAPITAL MOVEMENTS_______________________
Section V - Transactions in Long-Term Securities by Foreigners
R eported by Banks and Brokers in the U nited States
Table CM-V-6. - N et Foreign Transactions in Dom estic Stocks by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflowof capital fromthe United States)
Country
1972
1973
4
51
6
1
372
-51
10
36
297
-1
23
6
-4
642
2
561
*
3
*
*
1,958
Canada.............................................. .
11975
through
Apr. p
1974
Europe:
13
152
*
*
439
2
18
45
339
11
9
11
*
686
3
366
6
6
-
*
2,104
1975
1974
Calendar year
Nov.
Dec.
*
3
*
*
5
i
*
*
10
*
*
13
13
1
*
20
-1
*
*
*
-10
*
-76
*
-1
_
-
*
14
*
*
34
15
1
*
8
*
-1
1
*
42
*
-8
*
*
*
*
6
8
-1
*
21
25
-1
-1
14
2
-2
*
-1
115
-77
-2
-30
107
14
12
331
"So
1
-4
-2
-1
*
*
-4
3
*
*
*
3
1
3
*
*
3
*
*
*
_
1
*
*
*
-1
*•
-1
-8
*
1
*
*
*
_
2
1
*
*
1
*
1
4
10
*
*
-2
-1
*
*
1
2
*
•*
*
2
-12
-4
-15
_
*
-3
*
*
*
-8
•*
*•
*
38
*
2
*
*
*
-7
*
*
*
88
27
84
_
*
*
*
1
*
-1
59
-5
*
203
39
7
-3
330
-10
3
-3
-1
36
-3 r
-377r
*
8
*
*
6
17
-1
*
52
74
2
9
88
4
-4
2
-1
241
*
231
*
1
*
*
28lr
-6
721
!
i
-2
-1
1
*
1
-35
*
-51
*
-1
_
#•
-7*T
99
-1
5
*
*
-1
5
-3
*
-1
-7
13
-35
-7
*•
-17
*
*
*
*
6
19
-1
1
-2
-3
-35
31
-32
-1
*
1
56
-2
*
4
159
*
4
*
34
256
*
-1
23
*
-1
4
495
-2
1
-1
60
*
-25
*
*
-2
-45
-1
*
*
361r
*
29
*
*
*
-47
*
1
*
451
577
288r
434
_
*
—
4
*
*
-1
13
*
*
*
62
70
*
*
-1
*
-1
-1
*
-5
*
2
-9
*
*
•*
3
*
*
1
*
2
*
*
*
*
*
-1
-4
-6
3
*
_
*
*
*
1
*
All other..........................................
*
-1
*
*
2
1
*
*
-1
*
*
*
-1
*
Total foreign countries...................
2,102
2,776
85
*
1
*
86
8
1
*
9
2,188
2,785
Latin America:
Chilo..................................................
Other Latin American Republics..
Netherlands Antilles and Surinam
42
i
*
-45 * ■
*
*
*
*
17
5
*
2
3
**
-13
-1
-33
Asia:
China, People's Republic o f
China, Republic o f (Taiwan)........
India..................................................
*
Africa:
-5
Jan.
Feb.
*
147
*
-1
*
*
*
*
*
_
-3
*
*
*
1
*
14
6
18
_
*
10
*
*
*
-17
*
*
*
157
150
—
*
*
■*
*
*
Mar. p
-1
-2
*
*
12
11
2
1
40
2
-1
3
*
40
*
38
*
1
_
146
_ l5
Apr. p
*
-3
*
_
-15
23
*
8
26
*
-1
-1
-1
44
*
54
1
*
136
-5
*
-3
*
*
*
_
*
*
*
*
-1
*
1
-2
-5
_
10
*
*
*
-17
*
*
*
87
80
*
*
*
*
*
-1
*
*
*
-2
1
*
*
*
*
.1
3
2
_
*
7
*
_
*
-6
*
*
*
119
121
*
*
1
1
*
2
-1
*
-1
-2
*
-2
236
254
*
e
Other countries:
Intemational and regional:
International.
European regional.
Asian regional.
Total international and regional.
2 /
p
*
r
Cirough December 3 1 , 1972, Bermuda included with Bahamas,
Preliminary.
Less than $500,OCX),
Revised.
3
•
526r
13
*
*
-1
*
1
2
*
2
1.199
-14
21
190
520
19
T
X
•*
*
14
_
*
13 i
540r
_
-
-
-
-
-
19
1
*
*
-13
21
190
1,218
_
-
14
*
533
236
259
5
113
June 19 75
____________________________CAPITAL MnVEMEMTH.
Section V - T ran sactions in Long-Term Securities by Foreigners
R eported by Banks and Brokers in the U nited States
Table CM-V-7. - N et Foreign Transactions in Long-T erm Foreign Bonds by C ountry
(In millions o f dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1972
Europe;
Ita ly............................................ .
Spain........ . .......................................
Sweden..............................................
Turkey................................................
Yugoslavia........................................
Other Western Europe.....................
Other Eastern Europe.....................
Total Europe....................................
Canada...................................................
Latin America;
Argentina....................... . ................
Bahamas l / . ......................................
Chil*..................................................
Colombia,.........................................
Mexico........................... ...................
Panama........................................
Peru...................................................
Uruguay..............................................
Venezuela..........................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America......................
Total Latin America.......................
Asia:
China, People's Republic o f
(China Mainland)...........................
China, Republic o f (Taiwan)........
Hong Kong................ ...............
India.................................................
Indonesia.........................................
Israel................................................
Japan.................................................
Korea.................................................
Philippines....................................
Thailand............................................
Other Asia...................................... .
Total Asia.......................................
Africa:
Egypt..................................................
Morocco..............................................
South A frica....................................
Zaire..................................................
Other A frica........................... .
1975
through
Apr. p
1974
1973
1
29
7
-12
35
-4
-2
32
18
6
2
9
3
55
*
3
3
*
*
*
5
11
-17
17
4
*
31
1
10
1
3
2
-24
-30
-1
*
*
-9
5
-7
-38
-2
*
11
-25
2
1
-1
-1
-7
*
-107
*
-15
*
-1
11
3
*
-141
*
*
8
2
1
*
*
*
-11
-28
-4
*
185
13
-721
-191
-1,547
-777
8
-47
1
4
1
-90
1
2
2
8
-2
16
*
28
-98
-33
2
-19
*
-20
10
3
1
7
1
4
6
-97
-108
3975
1974
Countiy
Nov.
Dec.
Jan.
Feb.
*
*
*
*
-7
-3
*
1
*
*
*
*
*
1
-1
*
-9
*
*
*
*
*
-1
*
1
*
*
*
*
*
9
_
-1
_
7
-1
1
3
*
-72
4
*
5
1
1
*
*
*
-32
6
*
*
-159
*
-1
*
1
-13
*
3
1
*
*
*
1
1
*
-3
*
-11
-704
-7
-193
-392
-124
-173
-1 4
1
-11
*
*
_
-100
1
*
4
*
2
*
*
-10
*
*
*
1
2
*
*
3
*
*
1
*
-4
*
*
*
_
2
*
*
*
1
*
13
1
-101
-3
14
*
3
_
-43
-31
*
_
-4
*
_
_
-41
-3
*
*
*
-1
-1
*
-41
-45
*
*
*
-70
-88
-47
1
-115
-3
1
1
*
8
*
3
*
4
-1
-7
4
-104
1
-29
*
1
*
-135
3
1
*
8
*
26
2
*
-14
*
1
_
.
-2
*
*
*
*
*
-1
*
*
-11
-4
*
*
-12
*
*
*
1
*
*
*
*
-4
*
1
*
-39
*
1
-121
-15
-26
-31
*
*
10
*•
-37
*
*
*
-332
2
*
1
*
1
_
-4
3
1
*
-202
-77
*
1
*
2
*
*
_
-22
-18
*
*
_
-75
1
*
*
*
*
*
2
-76
2
*
*
*
-364
-277
-39
-99
-73
*
*
*
*
7
*
*
*
*
-
_
_
_
*
13
1
-3
-215
31
-12
-50
*
15
-220
-
_
-
_
-
-25
*
-
_
_
1
2
1
*
-
*
*
_
¥■
¥■
_
10
*
*
-62
*
*
1
1
*
*
*
*
11
-31
-4
-
-85
_
*
l
_
_
*
-60
5
6
4
5
*
*
26
6
28
8
13
7
3
1
1
*
21
-2,180
4
-1,257
2
1
*
*
*
*
-80
-328
-504
-288
-348
-117
-465
-148
-213
-70
3
*
-
5
-100
2
-150
-
-486
*
-86
-
-
8
*
-125
-
10
2
-2
-70
-148
-117
-60
-436 .
-464
-177
-61
*
*
32
36
Total foreign countries..................
-938
-1,134
International..................................
European regional...........................
Latin American regional................
Asian regional.................................
-124
3
28
*
108
5
28
*
39
-98
Total international and regional
-93
141
-60
-896
3
-95
-572
-1,031
-993
-2,239
-2,153
-78
-423
-1,076
-
-
Through December 31, 1972, Bermuda included with Bahamas,
Preliminary.
Less than $500,000.
-
*
*
_
_
*
*
*
_
_
*
*
Other countries:
Australia..........................................
A ll other..........................................
Total other countries...................
1/
p
*
Apr. p
*
*
*
-10
2
-3
*
*
1
1
*
*
-2
-1
-9
*
-21
*
-4
4
2
-432
66
1
*
3
-360
-
Mar. p
-
.
_
-
_
*
*
*
*
1
*
2
1
1
____ JL_
114
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section V - Transactions in Long-Term Securities by Foreigners
R eported by Banks and Brokers in the United States
Table CM-V-8. - N et Foreign Transactions in Foreign Stocks by Country
In millions o f dollars;
or a net 'outflow o f capital from the
indicate net sales
Calendar year
1974
Country
1972
1973
Europe:
1974
*
1975
through
Apr. p
Nov.
Dec.
Jan.
Feb.
*
1
*
_
-8
*
*
*
3
*
*
*
*
-2
_
-10
*
1
-1
*
-2
36
*
*
4
*
_
*
*
-1
_
-68
_
*
_
_
1
2
___ 19........
-l
16
*
l
_
*
*
*
*
4
*
*
*
*
_
*
_
*
1
*
*
*
*
*
4
_
*
*
*
*
*
*
*
*
*
2
*
*
*
_
*
*
*
2
*
*
-1
1
4
5
*
3
_
*
*
_
*
18
_
*
*
*
_
*
*
_
*
32
_
*
*
_
1
12
_
*
_
■*
*
*
*
-24
_
*
_
*
_
*
*
*
-29
_
*
_
1
19
32
13
-24
-27
*
*
_
*
-14
-1
*
2
-12
2
*
10
_
20
_
-1
-37
-2
_
*
_
_
320
-154
152
-353
*
-16
-32
12
142
18
-41
-1
4
-13
-34
9
-1
-1
*
*
_
-1
6
*
*
-1
18
-1
*
-1
3
-1
*
*
_
2
-5
-1
*
1
*
-8
-2
*
-2
*
*
*
_
4
5
*
*
*
*
1
4
*
2
*
_
*
_
*
1
_
*
1
*
4
2
*
-1
*
*
*
*
1
_
*
*
*
*
_
*
4
*
*
1
*
1
*
*
*
-2
*
*
*
*
*
28
-12
11
11
1
*
3
*
*
-26
-52
*
-1
*
*
*
19
*
*
-7
188
*
-2
*
-5
-76
193
*
-1
*
*
3
510
_
-9
*
2r
506r
_
*
*
*
1
-54
_
-1
*
3
-51
*
*
-1
*
-5
_
-2
*
-1
-6
-3
A ll other..........................................
-3
*
1
*
Total foreign countries...................
-3
406
1
177
1
I85r
3
1
-2
*
*
*
*
3
-2
*
409
176
Canada...................................................
*
-1
_
-
*
_
_
I P
....
Apr. p
*
-1
_
_
1
-3
*
*
5
*
*
*
*
2
_
13
*
1
*
_
-1
2
*
*
3
*
*
*
_
-1
*
16
1
*
-33
-11
*
1
73
*
-1
1
*
-12
*
-188
_
*
*
_
-3 0 1
Mar. p
*
1
*
*
-4
*
*
2
*
*
*
*
6
15
*
_
_
1
2
-1
*
-2
25
*
-1
16
*
*
-2
*
13
2
23
*
*
-10
34
*
1
164
-2
1
-4
*
85
*
26
*
*
_
-
-4
*
*
-76
10
*
1
33
*
*
3
*
-19
*
States)
1975
*
_
_
-1
-4
*
*
5
*
*•
-2
*
7
4
*
_
*
_
_
8
Latin America:
Chile..................................................
Peru....................................................
Other Latin American Republics..
Netherlands A ntilles and Surinam
Total Latin America.......................
Asia:
China, People's Republic o f
(China Mainland)...........................
India..................................................
Thailand............................................
Africa:
Egypt..................................................
*
*
*
-2
_
20
_
-1
*
*
*
_
2
_
*
3
19
2
10
20
2
1
*
*
*
1
*
-1
*
*
1
22
-1
30
*
*
*
*
-9
-40
_
-
-
_
-
_
-
-
-
-
1
_
1
-
*
*
-39
-11
14
*
4
-1
-2
_
-1
_
*
-1
Other
-46
|
*
*
-1
*
*
-11
-1
14
Iffte m tfo ra l anti regiPirel:
International.................................
European regional.........................
Asian regional...............................
Total international and regional
Grand t o t a l........................................
1/
p
*
r
Through December 31, 1972, Bermuda included with Bahamas,
Preliminary.
Less than $500,000.
Revised.
I85r
1
1
-45
22
30
-9
j
June 1975
115
___________________ CAPITAL MOVEMENTS_______________________
Section 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 April 1975, Preliminary
( In millions o f dollars)
Gross sales by foreigners
Gross purchases by foreigners
Domestic securities
Foreign securities
Country
Marketable
Total
Treasury
purchases bonds and
notes
Corporate and
other
Bonds
Bonds
Stocks
Domestic securities
Total
sales
Stocks
Marketable
Treasury
bonds and
notes
Foreign securities
Corporate and
other
Bonds
Bonds
Stocks
Stocks
Eurone:
Belgium-Luxembourg.............................
D e n m a r k . T* t TT*Tt ____
Germany..................................................
Greece....................................................
Ita ly......................................................
Portugal................................................
Turkey....................................................
Other Western Europe.........................
Other Eastern Europe.........................
*
5
*
*
5
7
3
2
3
*
1
49
*
90
*
_
166
2
51
2
*
84
105
4
24
61
4
1
5
2
368
*
179
*
3
*
1,248
*
.
10
*
*
2
3
*
4
16
_
35
893
17
*
*
9
3
*
2
3
*
*
*
1
20
_
23
*
_
79
228
3
22
131
34
74
39
4
13
*
*
1
_
9
16
*
1
9
1
81
44
180
_
_
_
1
1
*
*
*
*
11
_
*
2
*
11
1
2
10
*
*
1
_
5
4
*
1
4
1
29
41
98
1
*
*
*
*
_
3
1
*
*
1
*
13
1
*
3
*
*
*
_
*
*
_
*
2
*
*
1
21
_
*
25
*
*
2
27
*
*
*
131
186
_
.
*
_
4
3
_
_
*
2
2
75
2
1
122
121
4
29
77
10
1
6
4
451
*
339
*
4
_
*
-
-
*
3
-
14
5
*
1
10
*
*
*
*
10
_
32
*
-
2
73
2
*
187
98
4
23
70
10
2
7
6
355
*
391
*
7
1,236
362
_
-
.
_
*
_
_
*
1
3
_
_
1
_
4
_
_
_
9
131
1
9
*
*
4
5
*
4
28
4
_
*
2
14
_
189
_
*
_
260
2
53
2
*
99
82
3
16
35
4
2
7
3
324
*
124
*
3
17
2
10
*
*
*
_
7
3
*
1
7
*
_
71
3
2
2
*
_
_
1
9
54
4
*
4
_
13
8
*
1
5
*
_
*
*
8
19
_
-
-
757
152
_
58
136
48
30
1
1
30
38
*
*
_
*
1
*
*
*
*
*
*
*
1
_
_
*
_
*
*
_
_
*
*
1
2
T
Latin America;
Chile.....................................................
Other Latin American Republics. . . .
Netherlands Antilles and Surinam..
Asia:
China, People's Republic of
China, Republic o f (Taiwan)............ !,
Hong Kong..............................................
India.....................................................
Japan.....................................................
Thailand................................................
Other Asia............................................
Total Asia............................................
Africa:
Egypt.....................................................
Morocco..................................................
South A frica.......................................
Other A frica........................................
Other countries:
Australia..............................................
A ll other..............................................
_
*
*
_
*
_
50
50
*
9
.
12
_
*
_
10
21
10
3
1
2,543
Less than $500,000.
27
27
_
*
27
*
*
6
58
*
1
*
267
358
Total other countries....................... !
3
Total foreign countries....................... ' 2,039
International and, regional:
Intemat ion al......................................
444
2
Latin American regional...................
53
Asian regional....................................
5
African regional................................. i
Total international and regional..
505
*
_
_
*
_
_
_
_
*
-
28
1
_
_
*
4
_
*
*
80
85
10
_
*
_
*
*
*
1
_
2
3
_
*
*
*
*
1
*
2
1
*
*
1
125
301
1,311
3
147
404
_
_
-
20
_
_
-
7
_
_
-
13
2
53
5
-
404
530
20
7
322
1,318
73
220
_
*
*
_
_
_
*
_
_
_
_
32
1
*
1
*
*
*
_
1
9
_
_
*
*
13
*
6
3
16
*
*
*
_
9
12
*
1
4
1
76
41
164
33
24
96
7
_
_
1
*
_
*
23
_
*
*
3
27
_
4
19
*
*
47
79
*
1
*
14
165
_
_
_
.
_
_
*
_
*
_
*
*
_
_
*
3
_
_
_
*
_
**
18
*
*
1
33
*
*
*
13
65
_
4
*
_
_
46
6
*
_
_
1
8
*
*
9
*
_
_
_
-
9
-
*
_
_
*
*
-
*
*
8
*
*
154
3
*
3
1,940
4
4
4
1
*
_
*
37
1
_
1
57
39
*
*
*
_
*
_
_
_
-
*
*
-
9
-
*
264
141
2
*
3
1,057
l0 5 ~
2
_
_
_
-
2
_
56
75
133
397
*
_
_
_
*
644
_
58
75
-
613
-
28
_
_
_
-
777
615
28
2
155
2,717
789
333
1,058
9
1
174
2
-
_
1
_
_
-
____
141
116
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section V - Transactions in Long-Term Securities by Foreigners
R eported by Banks and Brokers in the United States
Table CM-V-10. - Foreign Purchases and Sales o f Long-Term Securities,
by T ype and Country, During Calendar Year 1974
(In millions o f dollars)
Gross purchases by foreigners
Foreign securities
Domestic securities
Country
Europe:
Austria..............................................
Belgium-Luxembourg.........................
Denmark..............................................
Finland..............................................
France................................................
Germany..............................................
Greece................................................
Ita ly..................................................
Netherlands......................................
Norway................................................
Portugal ..........................................
Spain..................................................
Sweden................................................
Switzerland......................................
Turkey................................................
United Kingdom.................................
Yugoslavia........................................
Other Western Europe.....................
U.S.S.R..............................................
Other Eastern Europe.....................
Total E u rop e.................................
Canada....................................................
Latin America:
Argentina..........................................
Bahamas..............................................
Brazil................................................
Chil*..................................................
Colombia..........................................
Cuba....................................................
Mexico................................................
Panama...............................................
Peru....................................................
Uruguay..............................................
Venezuela..........................................
Other Latin American Republics..
Netherlands A ntilles and Surinam
Other Latin America...................
Total Latin America...................
Asia:
China, People’ s Republic o f
(China Mainland).......................
China, Republic o f (Taiwan)...
Hong Kong......................................
India..............................................
Indonesia......................................
Israel............................................
Japan..............................................
Korea..............................................
Philippines..................................
Thailand........................................
Other Asia....................................
Total Asia....................................
Africa:
Egypt..............................................
Morocco..........................................
South Africa................................
Zaire..............................................
Other A frica.................................
Total
purchases
22
508
26
5
1,040
594
17
149
833
40
12
49
103
2,438
*
4,013r
*
77
* Less than $500,000.
r Revised.
2
84
6
2
168
75
1
29
217
9
1
3
13
303
*
2,223r
18
346
5
*
754
469
15
82
540
24
9
37
11
1,944
*
904r
*
28
46
3,138r
5,l86r
309
298
861
3
7r
*r
2r
*r
*r
7r
8lr
*r
2r
3r
2r
57
7
170
7
86r
lr
1
2r
*r
42r
41r
lr
4r
28r
13r
243
222
690
12
ll6 r
2r
5r
4r
*r
82r
132r
7r
6r
40r
17r
431
271
1,125
lr
-r
*r
-r
115
___5
120
2
97
Bonds
1
12
200
2,778r
203
Stocks
1
41
6
3
49
24
*
25
17
4
1
2
4
67
107
177
279
31
57
20
1
12
54
2
1
8r
lr
3r
2r
*r
27r
5r
5
lr
6r
lr
7
8
74
49
41
895r
9
326
*
2
1
423r
9l6r
835r
99
Total
sales
24r
472
20
12
863
514r
9
158
307
37
6
48
87
2,337
3
4,401r
*
127
9,425r
424
340
74
71
1,074
*
5
1
1 ,529r
3,629
-r
6r
7r
*r
*
2r
lr
11
29
70
8
277r
6r
5r
4r
*r
49r
117r
3r
3
30r
l6 r
344
258
1,122
11
40
118
14r
*r
12
692
Marketable
Treasury
bonds and
notes
19
Corporate and
other
Bonds
1
1
72
48r
*
44
34
1
*
1
11
207
60
22
*
359
1,894
41
49
515
178
*r
-r
*r
-r
-r
*r
-r
34
35
2,466r
19
287
10
*
551
430
8
85
210
34
5
40
12
1,908
3
1,282
*
20
1
50
1
10
88
26
*
15
42
1
*
3
5
74
*
285
*
15
4,906
615
247
867
1
6r
*r
3r
2r
-r
2r
75r
*r
*
lr
1
31
5
128
7
132r
lr
1
2r
*r
25r
36r
lr
2r
25r
13r
255
223
723
99
1,057
9r
725r
2,571r
1,057
1
124r
4r
lr
*r
-r
19r
5r
2r
lr
2r
2
13
___4
178
38
3
381
39
2
284
548r
463'
276
*
*
Stocks
34
133
10
1
12
21
3
*
125
*
582r
*
2
923r
449
11
371
1
2
1
62 r
401
1,924
1
12
1
____73r
Bonds
Stocks
1
l6r
*r
2r
2
*r
*
2r
lr
10
25
59
12
*
*
9
181
10
*
___7_
219
10
68
69
42
9
Grand to ta l....................................
429
Stocks
611
Australia......................................
A ll other......................................
re s to r e !:
International................... .........
European regional.....................
Latin American regional..........
Asian regional...........................
African regional.......................
Total international and regional
76
18
Bonds
2,275
Total A frica................................
Total other countries...............
6
8
*
11
5
*
1
5
4
Corporate and
other
9,927r
12
81
Total foreign countries...............
Marketable
Treasury
bonds and
______
Gross sales by foreigners
Domestic securities
Foreign securities
51
1 6,237r
68
10
14
1
21
5,657r
3
82
l,935r
5,742r
21,980r
l,992r
3,630r
I T
3,236r
8,162r
7^34?
57
3,6l4r
*
16
39
*r
3
2
87
13
66
40
14
8
____ 40_
16,874r
964
1,244
65
*
11
6,013
100
56
69
2
9
"BT
1,045
l,903r
23,044r
64
12
25
12
25
1,817
3 ,125r
l,874r
4,083
44
l,918r
3,735r
7,068
3,144
26
30
100
10
2
4^085r
7,210r
7,095
140
3,284
l,719r
l,720r
J u n e
117
1975
CAPITAL MOVEMENTS,
Section VI - Foreign Credit and Debit Balances in Brokerage Accounts
Table CM-VI-1. - Foreign Credit Balances (Due to Foreigners) by Country
(Position at end o f period in millions o f dollars)
Calendar year
Sept.
Dec.
Mar. p
*
12
*
*
22
20
*
30
5
1
*
8
*
103
*
50
*
1
*
*
11
*
*
22
18
*
15
4
1
*
6
*
84
*
40
*
1
*
*
13
*
*
20
16
1
12
9
1
*
9
1
78
*
54
*
1
*
*
13
*
*
29
29
1
11
7
1
*
8
1
99
*
35
*
1
*
274
29
254
204
20
213
236
24
24
31
1
15
*
*
*
*
5
4
*
1
3
1
20
5
56
1
4
*
*
*
*
4
3
*
*
3
1
30
8
1
3
*
*
1
*
3
3
*
*
2
1
30
8
1
4
*
*
1
*
3
2
*
*
3
1
28
6
1
2
*
*
2
*
4
2
*
1
4
1
27
11
55
51
49
55
*
*
13
*
*
1
1
*
*
*
4
19
*
*
14
*
*
1
2
*
*
*
5
*
16
*
*
*
*
*
1
*
3
21
_
*
13
*
*
1
*
*
1
*
2
_
*
15
*
*
1
2
*
1
*
5
23
*
*
13
*
*
1
1
*
*
*
4
20
17
24
*
*
*
*
1
1
*
*
*
*
*
*
*
*
*
*
_
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
*
1
*
*
*
*
2
*
*
1
1
1
1
1
2
2
1
*
*
*
1
*
1
*
*
*
1
*
1
*
*
*
333
384
354
Mar.
June
1970
1971
1972
1973
Other Eastern Europe.....................
1
17
1
*
26
17
1
16
14
1
*
6
1
100
*
40
*
1
*
*
14
*
*
19
15
*
10
10
1
*
4
1
73
*
43
*
1
*
1
21
*
*
47
22
*
24
10
2
*
5
1
90
*
57
■*
1
*
*
10
*
*
29
23
1
13
8
1
*
7
1
92
*
57
*
1
*
*
11
*
*
25
22
*
36
6
1
*
8
1
101
*
60
*
1
*
Total Europe....................................
Canada...................................................
243
36
193
56
281
242
34
28
1
15
*
*
*
*
3
3
*
1
5
1
11
*
1
19
1
*
*
*
4
2
*
1
2
3
10
*
3
9
*
*
*
*
3
3
*
1
3
1
12
*
1
10
*
*
*
*
2
3
*
*
3
1
15
7
Total Latin America.......................
40
43
36
42
Asia:
China, People's Republic o f
(China Mainland)...........................
China, Republic o f (Taiwan)........
Hong Kong..........................................
India.................................................
Indonesia..........................................
Israel................................................
Japan.................................................
Korea.................................................
Philippines......................................
Thailand............................................
Other Asia........................................
_
*
19
*
*
*
1
*
2
*
5
_
*
9
*
*
1
1
*
1
*
4
17
_
*
12
*
*
1
4
*
1
*
3
20
Total A frica....................................
*
*
*
*
1
2
Qto$r, cQWttrtQ?:
Australia..........................................
All other..........................................
1
*
Europe:
Belgium-Luxembourg.........................
France................................................
Germany..............................................
Greece.......................................
Ita ly..................................................
Netherlands......................................
Norway................................................
Portugal ..........................................
Spain................................................
Sweden................................................
Switzerland......................................
Turkey......................... .....................
United Kingdom.................................
Yugoslavia........................................
Other Western Europe.....................
Latin America:
Argentina..........................................
Bahamas 1 / . ......................................
Brazil................................................
Chil°..................................................
Colombia..*......................................
Cuua....................................................
Mexico................................................
Panama................................................
Peru....................................................
Uruguay..............................................
Venezuela..........................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Other Latin America.......................
Total Asia........................................
Africa:
Egypt..................................................
Morocco..............................................
South Africa....................................
Zaire..................................................
Other A frica....................................
27
Total other countries...................
1
1
*
*
*
Total foreign countries...................
349
311
372
International and regional
Grand to ta l..........................................
_
■" W
_
"
1975
1974
Country
311 "
_
— 772—
Note: Data represent the money credit balances (due to foreigners), as
appearing on the books o f reporting brokers and dealers in the United
States, in accounts of foreigners with them, and in their accounts
_
5551/
p
1
_
....134
1
294
*
...598“ " ’
1
1
306
*
349
carried by foreigners.
Through December 31, 1972, Bermuda included with Bahamas.
Preliminary.
* Less than $500,000.
....... 349..
118
Treasury Bulletin
___________________________________________ CAPITAL MOVEMENTS_______________________________________________
Section VI - Foreign Credit and Debit Balances in Brokerage Accounts
Table CM-VI-2. - Foreign Debit Balances (Due from Foreigners) by Country
1974
Calendar year
Country
June
Sept.
1
6
*
16
19
1
10
6
*
*
5
1
31
*
30
1
127
*
5
*
*
14
17
1
7
9
*
*
5
1
27
*
69
*
1
156
*
4
*
*
14
15
1
5
7
*
*
3
1
25
*
24
1
100
*
5
*
*
12
9
1
4
7
*
*
2
*
21
*
26
1
94
*
8
*
*
13
13
1
5
11
1
*
3
*
22
*
28
*
1
107
30
21
14
14
11
14
3
15
1
*
1
*
10
6
■*
*
6
2
12
*
1
4
1
*
1
6
5
*
*
4
1
6
5
1
3
1
*
*
6
6
*
*
4
1
4
2
1
2
*
*
*
*
6
6
*
*
4
1
1
3
1
3
1
*
*
5
4
*
*
4
1
9
1
1
1
1
*
1
6
3
*
*
3
1
32
2
1
2
*
*
1
5
4
•*
*
3
1
37
2
52
55
34
27
27
31
50
56
*
23
*
*
2
1
*
1
*
6
*
40
*
*
3
4
*
1
*
4
*
59
*
*
3
5
*
*
1
5
*
25
*
*
1
4
*
*
*
5
*
37
*
*
1
1
*
*
*
7
*
32
*
*
1
1
*
*
*
6
*
24
*
*
1
1
*
*
*
5
*
20
*
*
1
1
*
1
*
4
*
20
*
*
1
3
*
1
*
5
35
53
73
36
47
41
32
27
30
*
*
*
*
1
1
*
*
*
*
*
1
*
1
*
1
2
*
*
1
*
1
1
*
*
1
*
1
2
*
2
*
3
*
1
_
*
1
*
12
*
*
12
*
1
*
*
2
*
*
*
*
1
*
1
All other..........................................
*
*
*
*
1
*
*
*
*
*
1
281
1
1
1
1
*
1
*
*
Total foreign countries...................
314
405
231
241
193
209
-
179
*
-
-
241
179
193
209
JSurope.:
fiaaada...................................................
Latin America:
Chil*..................................................
Other Latin American Republics..
Netherlands Antilles and Surinam
Asia:
China, People's Republic o f
China, Republic o f (Taiwan)........
India..................................................
Africa:
Egypt..................................................
Qther , cpmrtyieg:
1971
1972
1973
*
9
*
*
16
20
1
12
8
1
*
3
1
38
■*
44
*
1
*
*
*
6
*
*
18
23
1
9
12
*
*
5
1
42
*
37
*
1
*
155
155
*
11
*
*
21
31
1
15
17
1
1
6
1
57
*
53
*
19
235
*
4
*
16
22
1
7
8
*
*
5
1
35
*
29
1
129
49
54
39
2
21
1
*
*
*
3
4
*
*
4
1
5
*
1
21
1
*
*
*
5
4
*
*
4
1
14
*
41
1970
ftrternaU9re4 W U re& toa l..............
-
Grand to t a l..........................................
281
314
Mar.
1975
-
-
224
*
405
231
224
Note:
Data represent the money debit balances (due from foreigners),
as appearing on the books o f reporting brokers and dealers in the
United States, in accounts o f foreigners with them, and in
1/
p
Dec. p
their accounts carried by foreigners.
Through December 31, 1972, Bermuda included with Bahamas.
Preliminary.
*
Less than $500,000.
Mar. p
June
U 9
1975
FmAMfUAT OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section HI - Federal Credit Programs
Table GA-II-1. - Direct Sales and Repurchases of Loans
(In millions of dollars)
Export-Import
Bank o f the
United States
Total
Fiscal year
or month
Sales
Repur
chases
1966.................
1967.................
1968.................
1969.................
1970.................
1971..................
1972..................
1973..................
1974..................
696
954
1,070
1,337
2,115
2,548
3,045
6,257
3,903
_
92
213
428
842
305
781
330
1,141
63
153
91
379
406
269
248
145
21
1974-Apr..........
May..........
June........
252
71
157
122
159
71
1
1
July........
Aug..........
Sept........
Oct.
Nov..........
Dec..........
580
602
598
735
744
123
63
150
175
155
90
45
1
1
1
1
1
1
1975-Jan..........
Feb..........
Mar..........
Apr..........
1,060
817
616
820
615
37
67
47
1
Fiscal 1975
1
to date..........! 6,695
1,4 4 4
1/
2/
Sales
;
16
Repur
chases
Sales
2/
Repur
chases
_
-
391
729
974
959
1,668
2,005
2,430
3,324
2,172
_
50
174
405
569
287
574
284
1,105
_
1
_
1
208
68
48
579
584
597
735
744
122
118
155
69
61
147
174
152
86
41
1
-
987
507
521
520
610
35
64
44
5,896
1,414
-
261
4
187
20
3
4
1
-
'
Farmers Home
Administrat ion
2
includes college housing, elderly housing, and public f a c ilit y loans.
Sales by fis c a l years 1965-1966 are on basis o f actual figures shown
in the Budget document and include in itia l sales o f loans from credit
Housing and Urban Development Department
Government
National Mortgage
Association
Sales
Repur
chases
6
-
2,300
1,501
-
_
_
_
-
O ffice o f Secretary
Veterans
Administ rat ion
i /
Sales
11
-
Repur
chases
_
-
-
_
_
_
_
-
.
-
_
_
_
_
•
_
_
_
_
_
.
_
_
2
2
108
_
16
_
„
305
_
.
_
_
300
-
-
:
621
-
-
-
*
Small Business
Administ rat ion
Sales
Repur
chases
Sales
Repur
chases
120
2
*
*
30
-
_
2
15
6
*
2
1
3
105
71
2
*
38
244
368
488
209
_
41
24
17
12
12
19
25
30
_
_
_
_
_
_
_
-
_
1
-
41
_
-
4
3
2
*
_
*
1
*
_
_
1
72
-
2
3
2
3
3
3
3
o
c.
-
-
91
-
2
163
%
27
insurance fund. Hie monthly figures are on basis o f agency report.
Less than $500,000.
120
Treasury Bulletin
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section II - Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding March 31, 1975
(In thousands of dollars)
Direct loans or credit
Agency and program
Guarantees and insurance
Amount
Maximum
outstanding authority 1 /
Amount
outstanding
Maximum
authority 2 /
Government
fee or premium
Interest
range
(Percent)
2 /
Maturity
range
(Years) 2
/
I-Wholly owned Government enterprises
United States dollar loans
Funds appropriated to the President:
Appalachian regional development programs:
Appalachian housing program........................................
Expansion of defense production:
Interior Department.......................................................
Treasury Department.......................................................
Foreign assistance:
International security assistance:
Emergency security assistance fo r Isra el...........
Foreign military credit sa les................................
Liquidation o f foreign military sales fund:
Long-term cred its...................................................
Guaranteed loans.....................................................
Military credit sales to Isra el.............................
International development assistance:
Bilateral assistance:
Agency for International Development:
Alliance for Progress, development loans...
Common defense, economic, and triangular
trade loans.........................................................
Development loan fund liquidation account..
Development loans................................................
Housing guaranty fund........................................
Grants and other programs.................................
1,082
1,082
876
876
ioo,ooo\ . A
8 4 4 ,9 2 9 ^
100,000
844,929
122,597
122,597
455,000
3,146,265
56,153
166,130
6,561,832
Total Agency for International Development,
11,289,426
22,037
12,835,947
Agriculture Department:
Commodity Credit Corporation:
Commodity loans...............................................................
Long-term dollar credit sa les..................................
Short-term export sales cred its................................
Storage fa c ilit y and equipment loans.......................
Investments acquired in settlement o f claims........
Total Commodity Credit Corporation...........................
Consumer Protection and Services:
Agricultural Marketing Service:
Milk market orders assessment fund.......................
Farmers Home Administration:
Economic opportunity loan fund:
Loans to individuals..................................................
Loans to cooperative associations.........................
Credit sales of surplus property...........................
Total economic opportunity loan fund...................
Agricultural credit insurance fund:
Farm ownership loans..................................................
Operating loans...........................................................
Guaranteed operating loans......................................
Recreation loans.........................................................
Soil and water conservation loans.........................
Emergency loans;
D irect.........................................................................
Guaranteed.................................................................
Guaranteed emergency livestock loans...................
Emergency loans refinanced......................................
Indian land acquisition loans.................................
Grazing, recreation, irrigation , and forestry
loans...................................................................
Watershed works o f improvement and flood
prevention loans.......................................................
Resources conservation and development loans. . .
Credit sales o f real property.................................
Programs in liquidation............................................
619,200
3,558,627
791,834
203,934
10,158
.2 5 %
1,715
1,715
455,000
3
292,371
292,371
.2 5 %
y
2 /
)—6
8-1/2
1—6-1/8
1/2 to in
definite
0—16
20
20
Up to 10
ST
3—10
7
25
ST
ST
ST
3,613,254
3/4—5-3/4
5—40
56,153
166,130
7,431,558
3/4—6
3/4—5-3/4
3/4—6
5—9
3/4—6
6—40
5—40
6—40
15—30
6—40
7—12
3—12
' Various
Do
Do
Do
1
Various
Do
5
6-1/8—9
Various
568,285
1 / 2 — 2%
1,359,046
408.761
40,000
765,000
177,584
1/2—2-3/4$
880,431
619,200
3,558,6271
791,834/
203,934
10,158
V
5,183,753
570
570
16,371
12,105
16,371
12,105
4-1/8
4-0./8
6
15 8 /
30
5
y
ST
28,476
1,745,517
302,525
18,640
5,158
19,396
,745,517
302,525
18,640
5,158
19,396
534
180,979
534
180,979
4,555
12,898
4,948
4,948
54,364
128,054
128,054
24,058
8,301
24,058
8,301
978,871
807,164
978,8807,1<
2,347
11,396
226,907
Total agricultural credit insurance fund............
31,986
5,517
7,677
1,767
2,145,449
Rural development insurance fund:
Water and waste disposal loans to associations.
Community fa c ilit ie s loans to associations........
Business and industrial development loans..........
916,405
28,096
3,665
Total rural development insurance fund................
948,166
Footnotes at end of section.
y
J—5
408.761
1,359,046
Overseas Private Investment Corporation..........
Total funds appropriated to the President..............
y
0—8-1/2 ST
226,907
2,438,110
916,405
28,096
3,665
5
8-3/4
8-3/4
5
5
2/
2/
12/
12/
w
Various
10—40
7 10/
7 IQ/
20—40
20—4U
7—40
7—40
3 -5
5—40
0—40
0—40
4.371 ST
4.371 ST
7—9-3/8
ST
16/
0—30
5—15
1 2 /
697,530
37,451
w
5
5
9-3/4
0—40
0—40
7—30
ST
June 1975
------------------------- FINANCIAL O PE R A TIO N S OF GO VERN M EN T AGENCIES AND FUNDS —
Section II - Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding March 31, 1975—Continued
(In thousands o f dollars)
Direct loans or credit
Agency and program
Amount
Maximum
outstanding authority 1 /
Guarantees and insurance
Amount
outstanding
Government
Maximum
authority 2 / fee or premium
Interest
range
(Percent) 2 /
Maturity
range
(Years) 2
/
‘ I-Wholly owned Government enterprises
United States dollar loans - Continued
Agriculture Department—Continued
Farmers Home Admistration—Continued
Rural housing insurance fund:
Rural housing loans..................................................
Rural housing loans to senior citize n s ...............
Rural rental and cooperative housing...................
Rural housing site loans..........................................
Labor housing loans...................................................
Credit sales of surplus property...........................
3,741,226
84,862
236,835
3,922
16,556
3,058
Total rural housing insurance fund.......................
4,086,459
Self-help housing land development fund:
Self-help housing land development loans............
465
Total Farmers Home Administration................................
Soil Conservation Service:
Water conservation and u tiliza tion projects..........
Watershed and flood prevention operations..............
Total Soil Conservation Service.................................
Total Agriculture Department..........................................
____ 1*566
12,394,904
Commerce Department:
Economic Development Administration:
Loans to aid industry...................................................
Loans fo r public works..................................................
315,412
161,099
Total Economic Development Administration..............
476,511
-
531
1,035
-
/
14/
-
1—5
24/
-
-
3
-
-
-
47,769
47,769
53,298
-
15,557
15,557
-
-
-
22,973
22,973
-
-
-
19,246
_
4,975,000
-
415
20,000
8,487
8,487
2,073,781
Defense Department:
M ilitary: Defense production guarantees:
Army....................................................................................
Navy....................................................................................
194
1,788
204
1,788
1,982
ST
0—33 ST
5—20
2
2 ST
ST
50 ST
.50$ ST
-
2,017,525
.7 5 %
4—7-1/2
3-3/8—7-1/8$
6—7.87
3-1/2 ST
3.7—9
3.7—9
Up to 25 ST
Up to 40 ST
20—25
25 ST
25 ST
2,539
25,000
-
2,722
. 2 5 — 1%
-
10— 5 0 % o f in t.
6—9.2
3—8
7-1/2—20
15—20
3—10
Past Due
1/4
2,539
8,505
........I0,4S7
8,505
136
251
39,283
2 3 /
2 2 /
2,017,525
42,219
415
3,763
2,017,525
4,178
n .a.
n.a.
......... 2 , W
_
39,894
_
_
2-1/2—2-3/4
30 ST
2-1/2—4-1/4
39—50 ST
-
39,419
7—10.559
25
-
8.35—9
30
-
9.21
20
1,500,000 22 f
583,340
-
-
Health teaching fa c ilitie s construction:
Guaranteed loans.........................................................
-
-
46,342
98,043
Health Maintenance organizations loan
Guarantee and loan fund............................................
1,000
1,000
-
-
Footnotes at end of section.
u
10—33
10—33
2 0 /
315,412
161,099
538,465
Total health services planning and development
Medical fa c ilitie s guarantee and loan fund:
Guaranteed loans.........................................................
w
9,871,913
Total Commerce Department................................................
Health, Education, and Welfare Department:
Health Resources Administration:
Health services planning and development:
Community f a c i l i t i e s ..............................................
Construction o f hospitals and other medical
f a c ilit ie s ...............................................................
17/ 18/
12/ 18/
w
9,871,913
Total National Oceanic and Atmospheric
Administration...........................................................
Total defense production guarantees.........................
C ivil:
Ryukyu Islands, construction o f power system s....
Total Defense Department.................................................
4,610,373
159,789
121,045
47
25,000 23/
-
o
Total Maritime Administration....................................
Science and Technology:
National Oceanic and Atmospheric Administration:
Federal ship financing fund, fishing v e s s e ls ...
Fisheries loan fund...................................................
465
7,209,615
531
1,035
4,610,373
159,789
121,045
47
7,568
4,898,822
i
H
Promotion o f Industry and Commerce:
Trade adjustment assistance........................................
Maritime Administration:
Ship sales (purchase money mortgages).....................
Federal ship mortgage insurance fund:
Direct loans.................................................................
Guaranteed loans.........................................................
3,741,2261
84,862)19/
236,835)
3,921
16,556
3,058
122
Treasury Bulletin
-----------------------FINANCIAL O PERATIO N S OF GOVERNM ENT AGENCIES AND FUNDS
..
Section II - Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding March 31, 1975—Continued
(In thousands o f dollars)
Direct loans or credit
Guarantees and insurance
27,854
11,512
27,584
11,512
-
-
-
5—6-1/4
5—•7-1/4
20
20
330,001
330,001
629,682
-
-
3—5-1/2
5—15
260,133
4,624,000
.25 ST 26/
Various
Various
Amount
outstanding
Total O ffice o f Education............................................
409,516
260,133
779,250
468,983
41,420
856
25,520
10,999
18,642
30,000
2,440,554 28> 3,188,348
29,238
Total Health, Education, and Welfare Department....
3,638,921
Housing and Urban Development Department:
Housing production and mortgage credit:
Federal Housing Administration:
Revolving fund:
Property improvement loans...................................
Purchase money mortgages......................................
Mortgage insurance loans......................................
Total Federal Housing Administration
revolving fund.......................................................
College housing loans................................................
Nonprofit sponsor assistance...................................
Low-rent public housing:
Loans to States, te r rito rie s, e tc .....................
29,238 JO/
Footnotes at end of section.
453,538
83,688,270
-
77,966
541
12,889,709
_
12,889,709
77,966
541
78,507
Up to 15 21/
3
0—1.5
7.97—12.00 ST
3.50— 9.50 ST
3.00— 9.50 ST
-
2.75— 3.75 ST
-
0—15 ST
0—40 ST
0—40 ST
2 2 /
_
2-1/2—8-3/4
3—5-1/2
-
30—50
1/2
Demand—40
4—36 ST
12,889,709
9^,031,517"
347,883
' 4,960,928
6,000,000
-
-
-
26/
26/
7—8-1/2
4,302
64,107
-
-
-
5-1/4—'7-1/2
“
10—30
-
-
-
273,500
740,500
32/
7—7-3/4
20
493,984
229,989
760,000
290,000
-
-
-
154,918
-
154,918
-
3,556,250
3,556,250
-
Various
Do
-
3
25
-
3—5-1/2
0—5-1/2
2—5
5-1/2
0—5-1/2
0—30
0—30
0—30
0—25
2
20
30
2 2 /f
25j
4,302
64,107
J S /
106
106
-
-
1,116
23,875
2,249
1,843
1,405
30,488
1,116
23,875
2,249
1,843
1,405
_
-
-
529
35,822
529
35,822
36,351
X t /
3-3/8—6
3 ST
26/
26/
25—30
10—40
3—20
Various 40/
Do
L00,861,267
11,784,733
Revolving fund for loans:
Total T erritorial A ffa irs......................................
-
-
Community development:
Total revolving fund for loans.........................
Territorial A ffairs:
Public works...............................................................
453,538 i 2 /
83,688,270
84,141,808
Housing management:
Corporations and tr ib e s ..................... ................
Credit a sso c ia tio n s...........................................
Expert assistance..................................................
Individual Indians................................................
-
3—40
3—3-3/4
5-7/8—8
Up to 10
6-7/8—8
Up to 15
2 2 /
3 ST 12—15 ST 22/
5,253,682
5,975,000
2,027
347,883
4,960,928
157,407
•5,466,218
Total Housing and Urban Development Department........
Interior Department:
Public land management:
Bureau o f Indian A ffairs:
Liquidation o f Hoonah Housing Project................
-
2,095,994
3 ,1 9 4 ^ 7 2,027
Government National Mortgage Association:
Management and liquidating functions...................
Special assistance functions...................................
Convent'onal Mortgage loans....................................
Total Government National Mortgage Association..
y
Government
fee or premium
-
57,187
350,663
1,688,144
5,371,215
Urban renewal fund:
4,624,000
57,187
350,663
1,688,144
Total low-rent public housing.............................
Total Federal Housing Administration...................
Revolving fund, liquidating programs.......................
Community planning and management:
-
4,624,000
3,200,167
Social and Rehabilitation Service:
Assistance to refugees in the U.S.............................
I j
Maximum
authority 2 /
H
Office o f Education:
Student loan insurance fund........................................
Higher education f a c ilit ie s loan and insurance
fund..................................................................................
Elementary and secondary education...........................
Higher educational loans to institutions................
Advances for reserve funds..........................................
Federal capital contributions....................................
Maturity
range
(Years) j /
MHY-frmiTn
authority 1 /
I-Wholly owned Government enterprises
United States dollar loans - Continued
Health, Education, and Welfare Department—Continued
Health Resources Administration—Continued
National Institutes o f Health:
Health manpower:
Other student loan programs.................................
Total Health Resources Administration..................
Interest
range
(Percent) 2 /
Amount
outstanding
VO
Vo
1
1
Agency and program
-
-
_
-
-
-
_
-
5-1/2—6
123
June 1975
________FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section II - Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding March 31, 1975—Continued
(In thousands of dollars)
Direct loans or credit
Agency and program
Amount
outstanding
Guarantees and insurance
Maximum
authority 1 /
Amount
outstanding
Maximum
authority 2/
Interest
range
Government
(Percent)
fee or premium
2 /
Maturity
range
(Years) 2
/
I-Wholly owned Government enterprises
United States dollar loans — Continued
Interior Department—Continued
Mineral resources:
Geological Survey:
Surveys, investigations, and research...................
3,749
Water and pcwer resources:
Bureau o f Reclamation:
Irrigation distribution systems..............................
Small reclamation projects........................................
64,118
119,802
3,749
82,315 41
145,920 41J
Total Bureau of Reclamation......................................
183,920
Total Interior Department.................................................
254,614
Justice Department:
Law Enforcement Assistance Administration:
Loans to law enforcement students...............................
123,080
123,080
1.565
2,969
12,500
42,028
42,028
Total State Department.......................................................
59,062
126,911
300,000
25,894
27,437
Total Transportation Department......................................
175,980
23,175
-3_7
-
-
_
_
_
10
-
3—4-1/4
25,059
30,000
337,993
102,400
900.000
125.000
2
61
34 ST
997,000
997,000
.2 5 %
1 % above
prime rate
10
2— 7 ST
3 /8 $
& 2/
5
3 /8 %
32,500
’7.05
3-5/8—6-7/8
(
15—20 ST
15 ST
3—32
/n
•>- - o . J s
1,462,452
1,500
1,701
1,500
1,701
_
12,667
52
12,667
52
_
110,000
114,000
£
O
_
8
t
H
2
0 —3-1/2
82
29
110,000
114,000
_
-
-
1,500,926
2,629,074
4,369,920
1,500,926
2,629,074
-
-
-
0—2-3/8
-
0— 2
29
56
56
6 2 ,13 6
71,961
4—7-1/2
20
4,550
4,550
86
86
5—6-1/2
Various
1—13
Various
4-1/2—8 - 1 /2
5-1/2—7-1/2
7-1/8—8.3
2—31
General Services Administration:
General a ctiv itie s:
Liquidation of Virgin Islands Corporation................
Miscellaneous loans in liquidation.............................
RFC liquidation fund.......................................................
Surplus property credit sales......................................
Guaranteed loans...............................................................
Federal buildings fund...................................................
_
83,439
_
-
Total General Services Administration...........................
88,075
Footnotes at end of section.
22—50
22—50
*
Transportation Department:
Federal Aviation Administration:
Aircraft loans:
Guaranteed loans...........................................................
Aviation war risk insurance revolving fund:
Direct loans...................................................................
Federal Highway Administration:
Right-of-way revolving fund..........................................
Federal Railroad Administration:
Loans to railroads...........................................................
Trustee certifica tes of railroads...............................
Urban Mass Transportation Administration:
Urban mass transportation fund....................................
Washington Metropolitan Area Transit
Authority bonds...............................................................
Veterans Administration:
Direct loans to veterans and reserves...........................
Loan guaranty revolving fund:
Acquired mortgages...........................................................
Guaranteed mortgages.......................................................
National service l i f e insurance fund.............................
Service-disabled l i f e insurance fund.............................
Soldiers’ and sailors' c iv i l r e l i e f ...............................
U.S. Government l i f e insurance fund...............................
Veterans insurance and indemnities.................................
Veterans reopened insurance frond............................
Veterans special l i f e insurance fund.............................
Vocational rehabilitation revolving fund.....................
Total Veterans Administration..........................................
3—4 - 1 /8 42/
-
1,565
2,969
12,500
Energy Research and Development Administration:
Long-term receivables.........................................................
_
-
0—15
y
State Department:
Emergencies in the diplomatic and consular service..
Loan to Finland - World War I . ........................................
Loan to the United Nations headquarters.......................
Loan to the United Nations................................................
Treasury Department:
Receivable from foreign banking in stitu tions..............
RFC loans in liquidation...................................................
Miscellaneous loans and other credits:
Greece - World War I .......................................................
H aiti...................................................................................
Japan - (Ryukyu Settlement)..........................................
Turkey........................................................................
Lend-lease and surplus property..................................
Loan to the United Kingdom............................................
Total Treasury Department..................................................
5-3/4—9-3/4
2
4
-
-
83,439
_
-
-
-
-
-
4,875
736,503
741,378
_
4,875
736,503
.
.385-- 3
.0 %
7
5—30
711,132
711,132
4—9-1/2 ST
7—30 ST
1,020,731
1,020,731
3—9-1/2 ST
3—9.50 ST
4—5
4__5
7—30 ST
7—30 ST
Indefinite
Do
Do
Do
Do
Do
Do
Do
979,352
16,956
5
62,618
1,258
20,348
42,275
382 '
2,855,057
5,046,3001,
92,700 ( * * /
29,539,134
.
—
29,539,134
-
423,70(T\
5,835 V t4/
258,400 (
326,40(1/
382
_
_
-
-
M W
i
_
4—5
4—5
U _5
4—5
124
Treasury Bulletin
.........FIN AN CIAL O PE R A TIO N S OF G O VERN M ENT AGENCIES AND F U N D S --------------------------Section II - Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding March 31, 1975—Continued
(In thousands o f dollars)
Direct loans or credit
Agency and program
Amount
outstanding
Maximum
authority 3 /
Guarantees and insurance
Amount
outstanding
Maximum
Government
authority 2 / fee or premium
Interest
range
(Percent) 2/
Maturity
range
(Years) 2/
I-Wholly owned Government enterprises
United States dollar loans - Continued
Other independent agencies:
D istrict o f Columbia:
Loans for capital outlay: 46/
Highway fund........................................................... .
General fund...........................................................
Metropolitan sewage works fund......................... .
Sanitary sewage works fund..................................
Water fund............................................................... .
Advances to Stadium sinking fund, Armory
Board 4 6 /...................................................................
Repayable advances to the D.C. general fu n d...,
111,823
695,101
15,496
51,606
33,646
119,000
937,361
46,000
106,000
51,000
416
65,750
416
65,750
Total D istrict of Columbia.....................................
Emergency Loan Guarantee Board:
Emergency loan guarantee fund................................
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation:
Loans to insured in stitu tions........................... .
Loans acquired from insured in s t itu tio n s ....,
Revolving fund...........................................................
60,593
41,273
1,038,988
Total Federal Home Loan Bank Board..................... .
1,140,854
_
_
_
-
-
-
_
_
_
-
-
-
-
195,000
250,000
-
-
112,141
-
Total Interstate Commerce Commission..................
112,141
Small Business Administration:
Business loan and investment fund:
Financial assistance program:
Business loans....................................................
Displaced business loans.................................
Economic opportunity loans.............................
Handicapped loans..............................................
Local development company loans...................
State development company loans...................
Trade adjustment assistance loans...............
Investment company assistance program:
Loans and debentures purchased...................
-
-
-
-
60,593
41,273
6,000,000
-
112,141
-
37,399
-
1,333,968 42/
3,002,191
1,717
-
_
37,399
3/8*
4-1/2—9-1/2
4-1/2—9-1/2
1,717
-
5—11-1/2
—
1/4*
1/4*
1/4*
1/4*
-
-
6,617
6,617
-
30,460,115 50/
Total budget Federal agencies......................................
54,423,840
185,051,846 ‘1/
3,435
f
6-3/4 ST
6k 1/2 ST
a/
3
6-3/4
8
7-1/4—7-7/8 ST
42/
6-1/2 ST
3
10 ST
30 ST
15 ST
15 ST
25 .ST
20
25 ST
15 ST
30 ST
-
-
-
-
-
-
_
_
-
-
8
15
1^4,591,^1
13,305,650
118,339
170,048
1,989,489
-
-
487,377 53/ 504,436
4,728,271
1,650,844
33,912 -6/
52,851
-
-
320,312
1,408,250
_
9,153,597
756,640
2,570,783
-
1/2*
54/
2-3/8—8-1/2
5-3/20—8-1/2
3—7-7/8
Various
4 -7
55/
1/2#
6—8
5Z/
58/
-
6
3 -4 0
2— 3
6—22
1/2— 5
5—25
1 /4 -1 2
3 -5
1/2— 5
Up to 180 days
3,900,695
6,696,959
-
-
-
6,006,7931 10,064,992
796/
2,487,368
1,654,323
-
-
2,260,433
200,000
-
-
-
-
-
_
238,867
1— 25
1— 25
3,671';038“
_
6,696,959
-
37,399
3,435
54,423,840
Federal Financing Bank..................................................
Rural E le ctrificia tion Administration:
Rural e le ctrifica tio n And telephone revolving
fund:
E lectric systems.....................................................
Appliances and equipment......................................
Telephone systems....................................................
Rural Telephone Bank: 60/
Telephone systems....................................................
Total Rural E lectrifica tion Administration........
ST
ST
ST
ST
ST
-
Total Small Business Administration...................
United States Railway Association:
Direct loans...............................................................
Subtotal..............................................................................
Held by lending institutions not guaranteed or
insured by the Federal Government.........................
8,505,344
86,734
170,048
391,471
7-3/4 ST
-
Demand—11
1— 30
30
301,674,
3,664,421
1,333,968
30
5—30
40
30
30
5 -1 0 -1 /2
4-3/4—9
7-7/8—8-3/8
-
222,488
Disaster loan fund:
Financial assistance program:
Disaster loans....................................................
ST
ST
ST
ST
ST
5
3,206,665
1,455
90,669
503
63,455 > 5,002,500 iSj'
1,668,223
3-7/8— 8
4-1/8— 8
3-7/8— 8-1/8
3-7/8— 8
2-5/8— 8
5.59— 8.40
2.3—2.75*
637,691
237,570
230,706
5,187
322,677 ► 2,247,500 £ 8 /
10,464
1,440
Total business loan and investment fund........
Off-budget Federal agencies 52/
Export-Import Bank o f the United States:
Equipment and service loans......................................
Commodity loans.............................................................
Emergency loans.............................................................
Discount loans...............................................................
Loans sold with recourse............................................
Export-Import medium term guarantees.....................
Certificates o f loan participation.........................
Insurance issued through the Foreign Credit
Insurance Association:
Medium term insurance..............................................
Short term insurance................................................
Total Export-Import Bank o f the United States..
_
-
973,838
Interstate Commerce Commission:
Railroad loans purchased........................................
Railroad loai^s ^guaranteed......................................
National Credit Union Administration:
National credit union share insurance fund
-
-
238,867
7,900,779
-
8.625—9.305
2— 5
2 - 5 59/
2— 5
8.0 ST
Up to 25 years
35 ST
35 ST
35 ST
35— 50 ST
-
Housing and Urban Development Department:
Housing production and mortgage credit:
Housing for the elderly or handicapped............
516,270
Total off-budget Federal agencies.............................
24,267,605
3,900,695
Total Part I...............................
78,691,445
188,952,541
565,000
-
3— 3-3/4
30— 50 ST
June 1975
125
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS — Section II - Federal Credit Programs
Table GA-II-2. - Direct and Guaranteed Loans Outstanding March 31, 1975—Continued
(In thousands of dollars)
Direct loans or credit
Agency and program
Amount
outstanding
Maximum
authority 1 /
Interest
range
( Percent)
Maturity
range
(Years)
II-Wholly owned Government enterprises
Loans repayable in foreign currencies
Funds appropriated to the President:
International development assistance:
Bilateral assistance:
Agency fo r International Development*
Development loan fund liquidation account.............................
Private enterprises 6 1 /.................................. r. T___
Common defense, economic, and triangular trade loans........
A ll other loans.............................................................................
3/4—8
437,880
130,479
1,434,677
547,193
1/2—7.125
1/2—5
Total funds appropriated to the President.................................
437,880
130,479
1,434,677
547,193
2,550,229
Treasury Department:
Lend-lease and surplus property...........................................................
0 —2 - 3 /8
2— 14
5—40
3—60
30—40
14—40
At request o f
the U.S.
27,251
27,251
Other independent agency:
United States Information Agency.........................................................
1,04 2
1,04 2
Total Part I I .................................................................................................
2,578,522
III-Government-sponsored enterprises
Farm Credit Administration:
Banks fo r cooperatives:
Cooperative associations.....................................................................
Federal intermediate credit banks:
Production credit associations.........................................................
Federal land banks:
Mortgage loans........................................................................................
3,650,088
3,650,088
7-1/2 —10-1/2
1— 20
9,519,569
9,519,569
8.23--S.74
1—7
14,917,467
14,917,467
8 - 1 / 2 —9 - 1 /2
5—40
Total Farm Credit Administration.........................................................
28,087,124
20,771,703 64/
Federal Home Loan Bank Board:
Federal home loan banks: 62/
Advances to member banks.....................................................................
Federal Home Loan Mortgage Corporation:
Mortgage loans........................................................................................
Total Federal Home Loan Bank Board......................................................
Federal National Mortgage Association....................................................
Student Loan Marketing Association.........................................................
Total Part I I I ...............................................................................................
20,771,703 62/
3,091,494 62/
23,863,197
28,805,943
§ 2 /
131,1 6 6
80,^7,430
Source:
Bureau of Government Financial Operations. Based on quarterly
reports received from agencies pursuant to Treasury Circular No. 966,
Revised.
2 /
I f the maximum authority is indefinite, an amount equal to the loans
outstanding is shown in this column. Certain amounts have been noted
to indicate factors affecting the indefinite amount. Authority for
credit sales o f realty and loans in liquidation is stated _n amounts
equal to the amounts outstanding.
2 / I f the maximum is indefinite, an amount equal to the guarantees and
insurance outstanding is shown in this column. Certain amounts have
been noted to indicate factors affecting the indefinite authority.
Figures shown in this column are applicable to both direct loans or
credit outstanding, and guarantees and insurance outstanding i f
amounts are shown under both headings; otherwise they are applicable
to the amounts under the heading shown.
Figures as of June 30, 1974, latest available.
Administrative
- rates are from 3# to 7-7/8# on direct loans ; various
2 /
rates on guaranteed loans. No statutory provisions.
loans made in foreign currency, repayable in U.S. dollars.
K Represents
Statutory lim it for public debt borrowings is $14,500,000 thousand,
2 /
o f which $4,620,334 thousand was in use as o f December 31, 1974.
Administrative - minimum period consistent with applicant's ab ility
2 /
to repay, not to exceed maximum maturity set by statute o f 15 years
for loans to individuals and 30 years for loans to associations.
2 / Statutory - determined by the Secretary o f the Treasury taking into
consideration the current average market yield on U.S. marketable
obligations outstanding with remaining periods o f maturity comparable
to average maturities o f the loans.
Administrative - not to exceed 7 years; however, la st installment
2 0 /
may be refinanced for 5 years; statutory - may not exceed 7 years,
but may be renewed for not more than 5 years.
Loans made and not disposed o f shall not exceed $500,000 thousand at
W
any time. There is no lim it on loans acquired.
There is no lim it on emergency loans that may be made.
2 2 /
12/ Administrative - rate determined monthly; statutory - rate determined
monthly by the Secretary o f the Treasury taking into consideration
current average market yield on U.S. marketable obligations out
standing with remining periods o f maturity o f 10 to 12 years
reduced by not to exceed 2#. Rate shall not exceed 5#.
10—30
7-1/2—9-1/2
Up to 10
3,091,494
7-1/2—9-1/2
25—30
47,357,264
4- 1/ 2— 10
7-7/8—8-1/2
20—40
13 1 ,1 6 6
1—7
Administrative - difference, i f any, between interest rate to bor
rower and interest rate to lender; statutory - borrower shall pay such
fees and other charges as the Secretary may require.
1 2 /
Authority for labor housing and rural rental housing direct and guar
anteed loans was transferred to the rural housing insurance fund by an
act approved August 10, 1965 (42 U.S.C. 1487).
Administrative - may not exceed shortest o f following: (1) lo ca l
2 6 /
statutory lim itations, ( 2 ) 50 years from date principal benefits
from works o f improvement become available, or ( 3 ) useful l i f e o f
improvement. Statutory - not to exceed 50 years from date principal
o f works o f improvement become available.
17/ Administrative - direct: loans for natural disasters, interest is
determined monthly. Rate o f 8-1/2# on loans not to exceed $1,000 to
low and moderate income families pursuant to Section 502 o f the
Housing act o f 1949, as amended. Rate for Section 504 loans is 1#.
Guaranteed: loans to low or moderate income borrowers, 8-1/8#
moderate income borrowers, 8# plus 1/ 2# insurance charge.
Statutory - direct and guaranteed loans to low and moderate income
borrowers: determined annually by the Secretary o f the Treasury,
considering currenx average market yield on U.S. marketable obligat
ions outstanding o f conrparble maturities, adjusted to nearest 1 /8
o f 1 #, less not to exceed difference between adjusted fate and 1 #
per annum. Guaranteed loans to above moderate income borrowers: as
determined by the Secretary at rates comparable to combined rates
o f interest and premium charges in e ffe ct under Title 12, Section
1709.
Maximum authorisation for direct rural housing loans is $300,000
2 2 /
thousand.
20/ Administrative - direct, 3#; guaranteed, 8-1/2#. Statutory - rate
determined annually by the Secretary o f the Treasury, considering
current average market yield on outstanding U.S. marketable obliga
tions for comparable maturities adjusted to nearest 1 /8 o f 1 #, less
not to exceed difference between adjusted rate determined by the
Secretary and 1# per annum.
21/ Administrative - direct, not to exceed 50 years; guaranteed, not to
exceed 50 years except for loans made to finance new construction in
connection with the Section 23 leasing program (42 U.S.C. 1421b), which
are not to exceed 40 years. Statutory - as determined by the Sec
retary .
2 A /
126
Treasury Bulletin
------------------------- FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
............ ................
Footnotes T a ble G A -II-2.—C o n t in u e d
22/ Administrative - d irect, 3$; guaranteed, 8 - 1 / 8 % . Statutory - rate
determined annually by the Secretary o f the Treasury, considering
current average market yield on outstanding U.S. marketable obliga
tions fo r comparable maturities adjusted to nearest 1 / 8 o f 1 % .
23/ Maximum authorization shall not exceed $25,OCX) thousand each fis c a l
year.
24/ Administrative - d irect, current interest rate for elig ib le (moderate
income) applicants, 8 - 1 / 8 % ; in elig ib le (above - moderate) applicants
interest rate, 8 % plus 0 . 5 % insurance charge. Statutory - determined
by the Secretary.
25/ Maximum authorization for direct and guaranteed loans amounts to
$1,500,000 thousand which has been prorated between the direct loans
and the guaranteed loans.
26/ Represents premium on insured loans; there is no premium on guaran
teed loans.
Z L /
Advanced shall be paid within such period as the Commissioner may
deem appropriate in each case, depending on the maturity and
solvency o f the reserve fund.
22/ Represents loans to students in institutions o f higher education.
29/ After June 30, 1980, and not la ter than December 31, 1980, there
shall be a capital distribution o f the student loan fund and not
less than quarterly thereafter.
30/ Loan allocations are made when needed as determined by surveys o f
institutions.
31/ Loans to students are repaid directly to the U.S. Government during
a 10-year period beginning nine months after student leaves school.
32/ Represents estimated insurance on loans outstanding and loan reports
in process o f $1,721,320 thousand.
Includes interagency holdings by the community disposal operations
fund and the Government National Mortgage Association, and loans
held by the Federal Home Loan Mortgage Corporation and the Federal
National Mortgage Association (see footnote 65 in Part III o f this
ta b le).
34/ Represents maximum authority to borrow from the Secretary o f the
Treasury, and funds provided by sales o f participation ce rtifica te s .
35/ Includes loans insured by the Federal Housing Administration and
loans guaranteed by the Veterans Administration.
36/ Determined by the Federal Housing Administration and the Veterans
Administ rat ion.
37/ Calculated monthly in reference to average yield o f 6-12 year
Treasury borrowings.
3 8 /
Includes loans o f $3,292 thousand insured by the Federal Housing
Administrat ion.
Statutory - application fee, $10 thousand; commitment fee, 0.5$ o f
principal up to $30,000 thousand and 0.1$ over $30,000 thousand.
Guarantee charges, 3$ o f principal amount guaranteed. Annual charge,
0.5$ o f outstanding amount guaranteed for fir s t seven years, 1$ o f
outstanding amount guaranteed after seven years.
40/ Loans may be paid o f f at any time by application o f proceeds from
sales o f land or capital grants or by refinancing.
41/ Maximum authorization is applicable to loans contracted as o f June
30, 1974.
42/ As provided by an act approved August 6, 1956 (70 Stat. 1046), loan
allocation to irrigation land holdings not in excess o f 160 acres
are interest free. Allocation to nonirrigation uses and irrigation
land holdings in excess o f 160 acres bear interest based on the aver
age rate on certain outstanding U.S. marketable obligations.
42/ The guaranteed loan rates are 4.35$, and Federal funds rate plus
3/8$. Direct loan rate is 5-1/2$.
44/ These figures are stated on an estimated basis.
45/ Includes interagency holdings by the Government National Mortgage
Association, and loans held by the Federal Home Loan Mortgage
Corporation and the Federal National Mortgage Association (see
footnote 65 in Part III o f this ta b le).
46/ Statutory - rate o f interest on loans to the D istrict o f Columbia
shall be fixed by the Secretary o f the Treasury at the beginning o f
the 6-month fs period in which the loans are made. Current rates
range from 2-5/8$ to 8-1/8$.
Statutory formulas set minimum rates based on yields o f U.S. Gov
ernment obligations o f comparable maturity. Accordingly, rates
charged may exceed mimimum and may vary from month to month.
48/ Maximum authorization tota ls $7,250,000 thousand, which represents
appropriations made to the Administration. This amount has been
prorated between the direct loans and the guaranteed loans.
No lim itation has been placed on amount o f direct or guaranteed
loans that may be outstanding at any one time.
50/ This figure represents the amount o f participation by private enti
tie s in p a rtia lly guaranteed U.S. credit programs. This private
participation in the guaranteed loan programs of the various
agencies is shown below:
Agricultural credit insurance fund:
Farm ownership loans....................................................
110
Guaranteed emergency loans........................................
59
2,071
Guaranteed operating loans........................................
45,245
Guaranteed livestock loans........................................
Rural development insurance fund:
Business and Industrial development l o a n s . . . . . . .
4,161
Commerce Department:
Economic Development Administration:
5,529
Economic development revolving fund.......................
Defense Department:
Defense production guarantees:
Navy..................................................................................
303
Health, Education, and Welfare Department:
Office o f Education:
Student loan insurance fund (June 30, 1974)........
522,000
Housing and Urban Development Department:
College housing loans (June 30, 1974).......................
777,881
Federal Housing Administration.................................... 1,267,782
Transportation Department:
Federal Aviation Administration:
2,933
Aircraft loan guarantees...........................................
General Services Administration:
Defense production guarantees......................................
43,875
Veterans Administration:
Loan guaranty revolving fund........................................ 27,179,488
Other independent agencies:
Small Business Administration:
Business loan and investment fund.........................
563,249
Disaster loan fund.....................................................
1,033
22/
22/
47/
42/
Agency
Funds appropriated to the President:
Overseas Private Investment Corporation .................
Agriculture Department:
Amount
( In thousands
o f dollars)
44,396
Total...................................................................................... 30,460,115'
5 1/
52/
Excludes $15,928,865 thousand representing securities issued by the
Federal National Mortgage Association and other institutions that
are guaranteed by the Government National Mortgage Association,
guarantees o f mortgage-backed securities fund. These securities are
backed by Federal Housing Administration insured or Veterans Admin
istration guaranteed mortgages held by the institutions.
The agencies shown below have been recla ssified as off-budget Federal
agencies as follows: the Export-Import Bank since August 17, 1971,
by an act approved August 17, 1971 (12 U.S.C. 635 (a )); and most
outlays o f the Rural E lectrifica tion and Telephone revolving fund
and the Rural Telephone Bank since May 12, 1973, by an act approved
May 11, 1973 (87 Stat. 65-71). The Federal Financing Bank was
established as an off-budget Federal agency by an act approved Dec
ember 29, 1973 (87 Stat. 941). Housing production for the elderly
or handicapped was cla ssified off-budget pursuant to Public Law
93-383, dated August 22, 1974.
Includes guaranteed interest o f $17,058 thousand.
Shipment coverage rates as o f March 31, 1975, were $.13 to $5.88 on
each $100 o f financed portion (contract price minus cash payment).
1/2$ o f 1-1/8$ on outstanding commercial bank loans.
Guaranteed interest rate w ill be 1$ above the Department o f the
Treasury borrowing rate for comparable maturities and w ill be fixed
at time o f authorization.
Includes guaranteed interest o f $1,356 thousand.
Shipment coverage rates as o f March 31, 1975, were $.35 to $6.62 on
each $100 o f financed portion (contract price minus cash payment).
Shipment coverage rates as o f March 31, 1975, were $.08 to $2.14 on
each $100 o f gross invoice value.
Interest is 2$ on loans made prior to May 11, 1973. Loans made
after that date bear interest at 2$ or 5$ depending on certain
conditions stated in section 305 (b) o f an act approved May 11, 1973
(87 Stat. 69). Guaranteed loans w ill bear interest at rate agreed
upon by the borrower and the lender.
This Bank is a mixed-ownership corporation.
Represents the Cooley loan program established by an act approved
August 13, 1957 (7 U.S.C. 1704 ( e )) .
Figures as o f December 31, 1974, the latest available.
Does not include advances o f $2,266,056 thousand to the Federal
Home Loan Mortgage Corporation.
At no time shall the aggregate outstanding advances made by any
Federal home loan bank to any member exceed 12 times the amounts
paid by such member for outstanding capital stock held by it (12
U.S.C. 1430 ( c ) ) .
Includes mortgages insured by the Federal Housing Administration
and guaranteed by the Veterans Administration. Loans are shown on
a net basis for June 30, 1974, the la test available.
Statutory.
n.a.
Not available.
52/
55/
52/
54/
56/
57/
58/
60/
61/
64/
65/
62/
6 2/
ST
June 1975
127
CUMULATIVE TABLE OF CONTENTS
July 1974 through June 1975
Issues and page numbers
Sections
A rticle;
Treasury financing operations................................................
Federal fis c a l operations;
Summary of fis c a l operations..................................................
Budget receipts by source.......................................................
Chart - budget receipts by source........................................
Budget outlays by agency.........................................................
Undistributed offsettin g receipts........................................
Budget outlays by function.....................................................
Investment transactions of Government accounts in
Federal securities (n e t).....................................................
Trust fund transactions...........................................................
Loan disbursements and repayments, net lending, and
loan balances of Federal credit programs.......................
Selected accrual data reported by Federal agencies........
Detail of excise tax receip ts................................................
Accountability of the Account of the U.S. Treasury on
an accounting basis...............................................................
Summary of internal revenue collection s by State,
and other areas......................................................................
1975
1974
Dec.
Jan.
Feb.
Apr.
May
June
V
V
V
V
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
10
11
10
11
10
11
10
11
10
11
10
11
*i2
...
...
.. •
• ••
July
Aug.
Sept.
Oct.
Nov.
*
V
VI
V
V
V
V
V
V
1
2
4
5
6
7
1
2
4
5
6
7
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
1
3
5
6
7
8
9
10
9
10
10
11
10
11
10
11
10
11
11
13
...
11
...
...
...
...
...
...
...
12
...
...
Mar.
...
*12
...
...
...
12
13
...
...
...
14
14
13
15
15
13
14
...
12
12
Federal obligations......................................................................
14
14
17
...
Account of the U.S. Treasury;
Status o f the Account o f the U.S. Treasury.......................
Analysis o f changes in tax and loan account b a la n ce....
Summary o f cash transactions through the Account of
the U.S. Treasury...................................................................
15
16
17
18
16
17
18
19
18
19
16
17
17
18
13
14
17
18
17
18
20
21
13
14
17
17
19
19
18
18
20
20
20
20
18
18
19
19
15
15
19
19
19
19
*22
*15
18
20
19
21
21
19
20
16
20
20
23
16
19
21
20
22
22
20
21
17
21
21
24
17
19
20
21
22
20
21
22
23
22
23
20
21
21
22
17
18
21
22
21
22
2A
25
17
18
20
21
22
23
21
22
23
24
23
24
21
22
22
23
18
19
22
23
22
23
25
26
18
19
22
23
24
25
24
25
26
27
23
24
25
26
25
26
27
28
25
26
27
28
23
24
25
26
24
25
26
27
20
21
22
23
24
25
26
27
24
25
26
27
27
28
29
30
20
21
22
23
26
28
27
29
29
27
28
24
28
28
31
24
. *•
. •.
29
...
Monetary s ta tis tics ;
Money in circulation ................................................................. j
Federal debt:
Summary o f Federal debt........................................................... :
Computed interest charge and computed interest rate
I
Interest-bearing public debt..................................................
Maturity distribution and average length of market
able interest-bearing public debt....................................
Government account series.......................................................
Interest-bearing securities issued by Government
agencies...................................................................................
Participation ce rtifica te s .....................................................
Status and application of statutory lim itation................
Treasury holdings of securities issued by Government
corporations and other agencies........................................
Description o f securities of Government corporations
and other business-type a ctiv ities held by the
Treasury....................................................................................
Public debt operations;
Maturity schedule o f interest-bearing public marketable
securities other than regular weekly and 52-week
Treasury b ills outstanding..................................................
Offerings o f Treasury b i l l s ...................................................
New money financing through regular weekly Treasury
b i l l s .......................................................................................... !
Offerings o f public marketable securities other than
:
Unmatured marketable securities issued at a premium
or discount other than advance refunding operations.. •i
Allotmentsby investor classes on subscription for
public marketable secu rities.............................................. !
Disposition o f public marketable securities other
1
i
Foreign series securities (nonmarketable) issued to
o f fic i a l institutions o f foreign countries...................
Foreign currency series securities (nonmarketable)
issued to o f fic i a l institutions of foreign
United States savings bonds:
Sale and redemption by series, cumulative.........................
Sale and redemption by periods, a ll series
combined....................................................................................
Sale and redemption by periods, Series E through K........
Redemptions o f matured and unmatured savings bonds........
Sales and redemptions by denominations, Series E and
H combined................................................................................ '
Sales by States, Series E and H combined...........................
...
...
...
...
...
29
30
34
35
32
33
25
26
29
33
38
36
29
31
35
41
39
32
34 '
38
44
42
35
41
37
41
47
45
38
42
43
39
43
49
47
40
54
45
46
42
46
52
50
43
63
64
52
53
50
54
61
60
53
64
66
67
54
55
52
56
63
62
55
64
65
67
66
67
69
67
68
70
54
55
57
55
56
58
52
53
55
56
57
59
63
64
66
62
63
65
55
56
58
*68
...
...
...
...
*56
...
...
...
27
28
29
30
28
29
30
31
30
31
28
29
29
30
25
26
31
33
32
34
34
32
33
35
37
36
38
39
34
35
39
a
40
42
43
37
38
42
44
43
45
46
40
45
47
46
48
49
50
52
51
53
59
61
61
62
64
62
63
65
64
65
67
...
...
58
68
67
128
Treasury Bulletin
C U M U L A T IV E T A B L E OF C O N T E N T S . .
July 1974 through June 1975—Continued
Issues and page numbers
1975
1974
Sections
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
69
70
71
59
59
57
60
68
66
59
70
71
71
72
72
73
69
70
67
68
60
61
73
74
62
58
59
60
61
62
72
60
61
62
60
61
69
70
71
72
63
71
69
62
...
80
...
...
...
...
...
68
...
•••
...
« •#
77
79
86
88
79
81
80
82
82
84
70
72
70
72
74
76
71
73
79
81
77
79
70
72
80
89
82
83
85
73
73
77
74
82
80
73
81
90
83
84
86
74
74
78
75
83
81
74
Income and expense......................... ........................................ .
82
83
...
...
85
86
...
...
75
76
...
...
84
85
...
National bank reports:
Income, expenses, and dividends for calendar year 1971.
...
•..
...
...
...
...
...
...
...
84
91
84
87
87
75
77
79
76
86
82
76
85
92
85
88
88
76
78
80
77
87
83
77
86
93
86
89
89
77
79
81
78
88
84
78
87
88
94
95
87
88
90
91
90
91
78
79
80
81
82
83
79
80
89
90
85
86
79
80
89
96
89
92
92
80
82
83
80
90
86
80
90
97
90
93
93
81
83
84
81
91
87
81
96
96
84
86
87
84
94
90
84
94
95
92
102
98
92
101
98
108
104
98
July
Aug.
Sept.
66
69
67
68
United States savings notes:
Ownership o f Federal securities:
Distribution by classes o f investors and types o f
Treasury survey - commercial bank ownership.........................
Market Quotations on Treasury securities:
End-of-month closing quotations............................................
Average yields o f lone-term bonds:
Average yields o f long-term Treasury, corporate, and
municipal bonds.........................................................................
Chart - Average yields o f long-term Treasury,
Exchange Stabilization Fund:
International financial
...
75
s ta tis tics :
U.S. liquid and other lia b ilit ie s to foreign
o f fi c i a l in stitu tions, and liquid lia b ilit ie s to a ll
other foreigners.......................................................................
U.S. liquid and other lia b ilit ie s to o f fic i a l
institutions o f foreign countries by area.......................
Nonmarketable U.S. Treasury bonds and notes issued
to o f fic i a l institutions o f foreign countries...............
U.S. net monetary gold transactions with foreign
countries and international and regional organiWeighted-average o f exchange rate changes for the dol
la r ...............................................................................................
Capital movements:
L ia b ilities to foreigners reported by banks in the
United States............................................................................
Claims on foreigners reported by banks in the United
States.........................................................................................
L ia b ilities to foreigners reported by nonbanking
concerns in the United States..............................................
Claims on foreigners reported by nonbanking concerns
93
100
93
101
108
101
104
104
92
107
114
107
110
110
98
100
111
118
111
114
114
102
104
105
102
Transactions in long-term securities by foreigners re
ported by banks and brokers in the United States..........
Foreign credit and debit balances in brokerage accounts
112
108
102
117
126
124
133
117
126
120
129
120
129
108
117
110
119
111
120
108
117
118
127
114
123
108
117
Foreign currencies acauired by the U.S. Government
without pavment o f dollars:
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust funds
...
...
...
...
132
133
...
...
...
...
130
131
...
...
...
...
•••
...
...
...
...
123
...
120
128
...
135
...
128
...
131
132
134
...
119
...
121
...
197
198
147
148
...
...
...
...
Financial operations o f Government agencies and funds:
Government corporations and other business-type
a c tiv itie s :
Statements o f financial condition......................................
Statements o f income and retained earnings.....................
Federal credit programs:
Direct sales and repurchases of loans..................... ..
Direct and guaranteed loans outstanding.........................
Trust funds:
C ivil Service Retirement and Disability Fund................
Federal Old-age and Survivors Insurance Trust Fund...
Federal D isability Insurance Trust Fund.........................
Federal Hospital Insurance Trust Fund.............................
Federal Supplementary Medical Insurance Trust Fund...
Unemployment Trust EUnd........................................................
National Service Life Insurance Fund...............................
Investments o f specified trust accounts.........................
136
137
138
139
140
140
141
143
144
...
...
...
...
...
...
...
...
135
136
137
138
139
139
140
142
143
...
...
...
...
...
...
...
...
...
...
...
...
155
156
157
158
159
159
160
162
163
133
...
126
•••
163
164
153
119
120
154
155
156
157
158
158
159
161
162
☆ U.S. Government Printing Office 1975: 584-073/12
@FedFRASER