Full text of Treasury Bulletin : March 1969
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March 1969
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The Treasury Bulletin
March 1969
CONTENTS
Treasury financing operations
Federal fiscal operations
II
1
Federal obligations
12
Account of the Treasurer of the United States
16
Monetary statistics
19
Debt outstanding
20
Statutory debt limitation
26
Public debt operations
27
United States savings bonds
61
United States savings notes
65
Ownership of Federal
66
securities
Treasury survey of ownership of Federal securities
68
Market quotations on Treasury securities
74
Average yields of long-term bonds
77
International financial statistics
79
Capital movements
84
Corporations and other business-type activities
109
Cumulative table of contents
110
Note:
Details of figures
may
not add to totals because of rounding.
Treasury Bulletin
II
Treasury Financing Operations
13-Week and 26-Week Bills
Strip Bills
On February 19 tenders were invited for additional amounts
of five outstanding series of Treasury bills, the one-year
Issues of regular weekly Treasury bills in February totaled $10.8 billion, replacing an equal amount of maturing bills.
issues maturing on April 30, May 31, June 30, July 31, and
There were four 91-day issues of $1.6 billion each and four
August 31, 1969, to an aggregate amount of $1.0 billion, or
182-day issues of $1.1 billion each.
thereabouts, to be issued on March 3.
issues are shown in the following table.
Tenders were opened on February 25 and totaled $2,962 million, of which $1,002 million was accepted including $65 mil13 -week
lion of noncompetitive tenders.
The average bank discount rate
was 5.907 percent, based on 119. 4 days,
the average number of
days to maturity for the five issues.
The limit for noncom-
petitive tenders was $100,000.
Bidders were required to submit
a single price for each unit of $5,000, or an even multiple
thereof, and accepted tenders were apportioned equally to the
five series of bills.
Any qualified depositary was permitted to make payment by
credit in its Treasury tax and loan account for bills allotted
to it for itself and its customers up to any amount for which
it was qualified in excess of existing deposits.
9-Month and One-year Bills
On February
14.
tenders were invited for $500 million, or
thereabouts, of 275-day Treasury bills, representing an addi-
tional amount of bills dated November 30, 1968, maturing November 30, 1969, and for $1 billion, or thereabouts, of 365-day
Treasury bills to be dated February 28, 1969, to mature February 28, 1970, both series to be issued February 28.
These is-
sues were to refund an equal amount of bills maturing February
28.
Tenders were opened on February 20.
Tenders received for the 275-day bills totaled $1,324 mil-
lion, of which $500 million was accepted, including $17 million
of noncompetitive tenders.
The average bank discount rate was
6.307 percent.
Tenders received for the 365-day bills totaled
$1,4.64.
mil-
lion, of which $1,000 million was accepted, including $36. mil-
lion of noncompetitive tenders.
was 6.235 percent.
The average bank discount rate
(Additional amount of bills of
original maturity of 26 weeks)
Average rates for the new
March 1969
III
Treasury Financing Operations
Noncompetitive tenders (without stated price), usually for
$200,000 or less from any one bidder, are accepted in full at
-
(Continued)
February foreign series securities outstanding totaled $2,256
million.
(Details are shown on page 57.)
the average price of accepted competitive bids for an issue.
Payment for accepted tenders must be made or completed on
the date of issue, in cash or other immediately available funds
or in a like face amount of Treasury bills maturing on that
Payment for 13-week, 26-week, 9-month, and one-year
date.
bills may not be made by credit in Treasury tax and loan
Foreign currency series securities issued in February consisted of one certificate and three notes.
million, and the other is denominated in Austrian schillings
Redemptions for the month totaled
an equivalent of $103 million.
Foreign Series and Foreign Currency Series
At the end of February foreign
currency series securities outstanding totaled an
Foreign series securities issued in February totaled $681
German marks, Italian lire, and Swiss francs.
Redemptions for the month totaled $640 million.
shown on page 60.)
Note:
equivalent
of $2,254 million, and were denominated in Austrian schillings,
million, consisting of twenty-six certificates of indebtedness.
At the end of
Two of
the notes are denominated in Swiss francs equivalent to $53
equivalent to $25 million.
accounts.
The certificate is
denominated in Swiss francs equivalent to $50 million.
(Details are
Details of Treasury market financing operations are shown elsewhere in tables on public debt operations.
March 1969
.FEDERAL FISCAL OPERATIONS
Table
1.
Summary
of Fiscal
Operations
(In millions of dollars)
Budget receipts, expenditures and lending
Receipt-expenditure account
Fiscal year
or month
Net
receipts
2/
Net
expenditures
Surplus c
deficit((l)-(2)
Loan
Borrowings from the public - Federal securitites
Net
disbursements
lending
2/
1/
(1)
Means of financi
Loan account 1/
-(4W5)
(2)
(3)
U)
(5)
(6)
Budget
surplus o]
deficit(-]
Public debt
securities
(8)
CO
l,625r
2,646r
9,230r
7,659r
5,853r
5,56lr
2,633r
6,314r
21,357r
1,729
-292
1,450
196
508
704
4,042
5,079
5,944
918
605
624
1,428
2,864
2,331
3,243
9,036
5,320
-9,444
9,436
10,323
1965
1966
1967
1968
2,122
-2,226
-4,823
-4,887
-5,372
-369
42
-3,736
-19,130
8,310
7,869
9,621
9,646
10,237
10,911
14,628
17,676
20,364
6,427
6,671
7,271
9,791
9,693
9,662
10,796
12,623
14,307
-1,882
-1,198
-2,351
145
-545
-1,249
-3,832
-5,053
-6,057
240
-3,424
-7,174
-4,742
-5,916
-1,618
-3,790
-8,790
-25,187
1969 (Est.)...
1970 (Est.)....
186,092
198,686
182,315
194,356
3,777
4,330
12,478
8,113
11,092
7,197
-1,386
-91b
2,391
3,414
3,670
7,206
-3,365r
-2,296
-3,053
3,368
-4,529
4,852
1,596
5,296
-2,083
-2,489
5,310
-4,716r
-2,564
-3,153
2,518
-6,122
-2,387
1,427
3,500r
3,278
387
2,451
-331
1968- January.
February.
March.
April
May
June
July
August. .
September,
October. .
November.
December.
,
.
Fiscal
14,887r
13,695
14,311
15,199
15,385
14,374
-2,703r
-1,608
-2,442
3,847
-3,674
5,165
l,962r
1,718
1,867
1,611
1,970
2,422
l,300r
1,030
1,256
1,132
1.114
2,109
11,732
13,129
18,775
10,687
12,738
15,820
13,986
16,092
16,049
16,524
15,070
14,465
-2,254
-2,963
2,726
-5,837
-2,332
1,355
1,230
1,231
1,253
1,526
1,514
1,577
1,042
1,047
1,240
1,459
1,649
15,845
15,798
47
633
670
98,726
107,984
-9,258
8,964
8,024
,
,
1969-January.
12,184r
12,087
11 870
19,045
11,711
19,539
.
to date
Means of financing
Within
general
account of
Treasurer,
U.S.
V
[13J
I960
1961
1962
2,764
-1,385
3,734
1,876
-1,264
1,594
-260
-4,571
-1,094
1963
1964
1965
1966
1967
1968
net transactions
February
March
April
May
June
July
August
September
October
November
December
1969-January
Fiscal 1969 to date.
84
With
other
Government
officers
m
With
International
Monetary
Fund
13M14W15)
21
-259
2,526
-258
-171
-255
-367
-1,754
3,695
1,563
-1,591
2,346
-449
-4,918
1,303
381
-447
-342
538
8/
Total
budget
financing
279
96r
-533
768
413
-220
1,090
311
-1,342
4,042
-2,198
-3,696
1,869
-207
114
-401
2,597
695
1,582
532
14
220
-180
l,693r
1,225
-2,924
2,027
-2,151
1,774
165
185
379
-1,091
4,081
-2,398
-3,416
1,653
384
2,498
54
236
39
3,292
109r
243r
l,096r
217r
l,233r
-96r
263r
l,033r
3,389r
-564
1,479
290
-408
674r
-l,ll6r
-777
6,090
599r
-343
3,812
-240
3,424
7,174
4,742
5,916
1,618
3,790
8,790
25,187
8,156
6,771
10,504
12,380
11,116
12,710
12,450
7,879
6,785
-2,391
-3,414
6,785
6,785
3,365r
2,296
3,053
-3,368
4,529
-4,852
8,821
10,359
6,847
8,442
6,506
6,785
2,564
3,153
-2,518
6,122
2,387
-1,427
7,095
5,753
9,795
7,597
3,901
5,770
-84
1,582
Beginning fiscal 1967 based on monthly statement of receipts and
expenditures of the Government. Data for prior years were derived on
basis of the unified budget concepts adopted January 1968. The loan
account data for fiscal years 1960-1966 and all estimates are from the
1970 Budget document released January 15, 1969. Estimates for 1969 reflect
changes from the 1969 Budget document of $8.3 billion decrease in budget
outlays for programs covered by the Revenue and Expenditure Control Act
of 1968 (P.L. 90-364) and $6.0 billion increase for those programs excepted
from the Act's limitation on outlays.
Includes investments in non-Federal securities.
For content see Table 2.
For content see Table 3.
Fiscal year amounts include transactions in transit as of June 30.
Adjustments are made in the means of financing section between the months
of June and July in order to report these transactions on an accounting
10,198
Source:
1/
2/
2/
4/
General
account of
Treasurer,
(19)
11,609
1,775
1,539
-3,512
1,595
-1,936
75
1,369
-5,789
292
-80
1,166
-5,203
Total borwings from
the public
(lo)-(n)
(11)
259
316
284
339
405
-126
354
-482
1,119
1,209
(12)
2,177r
l,427r
9,772r
6,088r
3,093r
4,060r
3,077r
2,838r
23,100r
•14,000
-4,000
4,099r
4,085
-928r
1,531
-426
-1,350
518
2,649
335
-1,631
2,786
-3,752r
-472
1,823
-874
-375
439
-266
-165
4,059r
2,839
-4,528
3,125
-686
-185
-3,586
1,383
Public debt
securities
724
5/
6/
7/
8/
2/
r
!
:••.;
.'.-
Agency
securiti
2/
(12)-(16>(17) u.s. 4/
(17)
-110
132
-58
41
371
258
-5
1,858
(10)
l,560r
100
287
1,357
120
894
-•'
Other
means of
financing
(15)
cial
notes
1,626
Selected balances, end of period
(c
1969 (Est.)
1970 (Est.)
1968- January
-313
-189
-207
-286
-55
ash and monetary assets (deduct
:har
Fiscal year
or month
-
-611
-479
-856
-313
<
Govern-
(7)
90,348
96,604
104,480
111,459
118,041
117,182
130,822
153,299
172,806
1964.
Invest-
ments
ment ac
ounts 1/6/
(3M6)
92,470
94,378
99,657
106,572
112,669
116,813
130,864
149,562
153,676
I960
1961
1962
1963
Agency
securitie
y.-
.
'..
:
..
InvestHeld by
ments of Special the publi
notes
Govern6/
ment
accounts
(20)
(?*)
286,331r
288,971r
298,201r
3O5,860r
311,713r
317,274r
319,907r
326,221r
347,578r
6,770
6,477
7,927
8,123
8,632
9,335
13,377
18,455
24,399
53,687
54,292
54,916
56,344
59,208
61,538
64,782
73,817
79,137
2,238
2,554
2,837
3,176
3,581
3,455
3,810
3,328
2,209
237,175r
238,602r
248,375r
254,463r
257,555r
26l,616r
264,693r
267,531r
290,631r
351,203
358,409
14,956
14,073
88,573
1,000
1,000
276,586
272,586
346,259
351,556
349,473
346,984
352,294
347,578r
21,665r
21,740
22,027
23,384
23,505
24,399
74,545r
76,061
75,635
76,153
78,802
79,137
2,878
2,658
2,638
2,619
2,614
2,209
290,501r
294,578
293,227
291,596
294,383
290,631r
351,078
354,356
354.743
357,194
356,863
358,029
24,474
25,843
20,055
20,347
20,267
15,064
78,665
80,488
79,614
79,239
79,679
79,412
2,197
2,182
2,182
2,175
2,010
1,825
294,690
297,529
293,001
296,126
295,441
291,855_
80,137
825
293,48 2/
825
293., 4812/
8,367
359,412
15,031
8,367
359,412
15,031
3,137 2/
date basis rather than the da'ily Treasury statement clearance date
For amounts in transit see Table 6, January 1969 Bulletin.
basis.
For content see Table 5.
Represents non-interest bearing public debt securities issued to the
International Monetary Fund and international lending organizations.
Agency securities in the amount of $51 million, reported as borrowings
from the public .(col. 12) and held by the public (col. 24), will be
reflected as investments of Government accounts (col. 10 and col. 22)
in the February reporting.
Includes accrued interest payable on public debt securities, deposit
funds, miscellaneous liability and asset accounts, seigniorage, and
beginning fiscal 1969 conversion of certain corporations to private
ownership.
For content see "Debt Outstanding," Table 7.
Revised.
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table
2.
-
Budget Receipts by Principal Sources
1969
March
FEDERAL FISCAL OPERATIONS
Table
2.
-
Budget Receipts by Principal Sources
(Continued)
-
(In milli
Social insuran
taxes and contributions-! continued)
Contributions for other
ranee and retirement
Fiscal year
or month
Federal
Supplemental
Medical
Federal
employees
Net total
social
insurance
taxes and
contributions
Other
employees
retirement
i
'
'
''
•'
;
'
'i.:
:
j,-^
'.'r;
'
Net
total
',
Net
total
Net total
excise
taxes
Tngiirnni-P
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969 (Est.)
1970 (Est.)
905
917
1968-January.
February.
March
April
756
843
861
931
991
1,063
1,1C9
1,200
1,332
767
855
873
944
1,006
1,079
1,127
1,865
2,051
14,682
16,437
17,045
19,802
22,010
22,256
25,565
33,347
34,620
9,222
9,141
9,672
10,005
10,304
11,011
9,362
9,461
9,827
1,439
1,490
2,366
2,431
40,508
45,869
10,457
10,871
105
111
112
129
206
l,567r
4,283
2,256
3,453
5,175
2,803
124
97
133
122
116
127
204
167
213
204
187
204
•",411
1,067
4,449
2,651
2,256
3,659
2,118
695
862
882
199r
.
May
June
July
August.
September.
October.
November.
.
.
.
December.
1969-January...
149
158
195
180
827
652
851
863
901
840
957
1,044
217
183
127
9,137
9,063
9,585
9,915
10,211
10,911
9,145
9,278
9,700
2,642
2,923
3,080
3,405
3,646
3,782
4,037
4,652
4,493
103
126
131
126
127
123
10,325
4,698
5,153
&4r
616
366
428
311
348
420
368
1,056
974
1,033
392
491
372
354
411
212
114
2,539
2,798
2,949
3,279
3,519
3,659
3,917
4,441
4,379
11,676
11,860
12,534
13,194
13,731
14,570
13,062
13,719
14,079
223
190
4,475
4,963
14,800
15,700
120
366
.452
100
3
15
296
248
417
353
392
489
372
354
380
380
l,180r
1,068
1,165
1,101
1,309
1,181
1,448
1,175
1,223
1,222
1,354
1,412
1,254
2,176
Fiscal 1969 to
6,355
2,766
Estate and gift tax
Fiscal year
or month
1960
1961
Net
total
1,626
1962
1963
1964
1965
1966
1967
1968
1969 (Est.)
1970 (Est.)
1968-January
February
March
April
May
June
July
August
September
October
November
December
1969-January
Fiscal 1969 to date.
Deposits of
earnings by
Federal
Reserve
banks
Net
total
Net total
miscellaneous
receipts
Treasury Bulletin
-FEDERAL FISCAL OPERATIONS"
BUDGET RECEIPTS BY PRINCIPAL SOURCES
Source: Monthly Statement ol Receipts and expenditures ol the U S Government. For actual amounts see preceding Table
-!S Includes estate and gilt lanes, custom duties, and miscellaneous receipts.
Olfice of
tfw Secretary ol
Ok
Treasuty
2
March 1969
FEDERAL FISCAL OPERATIONS,
Table
3.
Budget Outlays by Agencies
-
illions of dollar
Fiscal year
or month
la£ive
Branch
Judiciary
Funds appropriated
Jto the President
Executive
Office
of the
President
1960
1961
1962
1963
1964
1965
1966
1967
1963
124
131
151
145
148
162
181
240
255
1969 (Est.).
1970 (Est.).
298
303
griculture Department
Net
expenditures
Net
lending
1,722
1,566
1,801
3,201
3,694
3,872
102
114
1968-January.
February.
March. . .
April
May
June
July
August. .
September
October.
November.
December.
4,357
4,851
4,898
1,722
1,566
1,801
3,201
3,694
3,889
4,385
4,872
4,913
4,566
5,103
5,909
6,904
7,088
6,374
5,158
5,429
6,789
5,157
5,087
5,154
5,092
7,413
6,953
393r
312
523
350
463
545
393r
315
524
353
464
545
5fi
494
450
364
451
374
245
495
450
365
449
376
612
1,246
1,592
1,277
663
636
Net
Net
lendi
lendi
276
281
393
429
370
421
356
412
519
4,843
5,384
6,302
7,333
7,459
6,796
5,514
5,841
7,308
3,460
3,091
3,360
3,640
4,270
4,699
4,633
705
763
7,650
7,024
420r
400
450r
495
777
796
761
734
484
244
Commerce Department
104
565
51
197
626
1,286
1,685
1,267
781
53
36
105
675
1969-January.
764
Fiscal 1969 to date.
efense Department
Health, Education, and
Welfare Department
Military
Fiscal year
Net
expenditures
Net
expend
Net
itures 1/ lending
Net
lending
1960
1961
1962
1963
1964
1965
1966
1967
1968
43,082
44,740
48,301
48,135
49,563
45,968
54,167
67,453
77,378
43,083
44,740
48,302
48,139
49,573
45,969
54,168
67,453
77,373
1,310
1,300
3,399
3,680
4,209
20,247
21,692
22,727
27,897
34,320
40,671
1969 (Est.)...
1970 (Est.)...
77,789
78,471
77,790
78,471
1,247
1,259
46,160
51,688
101
3,233
3,298
3,559
3,429
4,365
4,096
1968-January.
February.
March. .
April
May
June
.
July
August.
September
October.
November
December.
.
1969-January.
6,884r
6,164
6,069
6,832
6,902
7,192
5, 543
6, 884r
6,163
6,070
6,831
6,902
7,192
6,367
6,429
6,738
6,335
6,703
5,543
6,367
6,429
6,739
6,335
6,702
6,569
6,568
950
982
1,103
1,130
1,211
1,278
79
75
85
79
137
98
125
113
170
120
114
3
5
62
287
-95
99
-20
9
-193
Total
1/
Net
expenditures
3,400
3,681
4,210
20,249
21,695
22,732
27,959
34,608
40,576
-62
194
372
423
416
626
575
678
707
2,281
2,105
3,433
1,188
424
1,054
-333
283
665
2,856
2,783
4,140
1,019
2,336
999
390
2,017
2,726
46,259
51,779
3,247
3,316
3,581
3,409
4,374
3,903
3,521
3,765
3,749
3,777
3,827
3,769
3,527
3,771
3,764
3,790
3,830
3,776
3,826
3,830
Fiscal 1969 to date.
Footnotes at end of table
Housing and Urban
Development Department
(Continued on following page)
39
394r
352
310
36
153
147
25
-126
52
Net
expenditures
Net
lending
1,250
230
681
-756
-133
257
272
120
188
139
161
293
-43
Interior Department
533r
384
360
273
308
273
336
164
35
345
-19
137
447
521
282
669
672
657
Net
lending
146
462
539
300
685
694
661
529
264
529
559
541
569
113r
114r
-74
-344
-75
-346
86
75
-260
-192
172
121
130
-191
171
122
134
Treasury Bulletin
^FEDERAL FISCAL OPERATIONS.
Table
3.
-
Budget Outlays by Agencies
-
(Continued)
of dollars)
asury Department
Labor Department l/
Fiscal year
or month
1960
1961
1962
1963
1964
1965
1966
1967
1968
Net
expenditures
373
363
338
326
248
182
169
65
445
391
427
365
272
1,262
1,206
1,275
1,260
1,268
1,325
.
June
July
August. .
September
221
271
234
240
224
282
221
271
234
240
224
282
551
611
585
693
537
1,347
1,332
1,311
1,360
1,335
1,385
Octol er.
N .v"i: er
.
i
December.
511
463
9,463
273
240
302
328
359
293
416
-332
82
-260
138
412
272
171
16,272
16,971
2,451
2,571
443
394
89
.
1,393
1969- January.
Fiscal 1969 to
date
-20
-45
Net
expenditures
2,623
2,713
2,806
2,758
2,763
2,625
2,403
2,264
2,466
16,000
16,800
373
363
338
326
248
296
Net
lending
22,759
24,789
26,648
9,748
10,553
11,434
12,428
13,059
14,655
13,599
15,877
17,536
-78
-75
6,011
6,991
114
-114
770
578
805
888
Other
5/
9,180
8,957
9,120
9,895
10,666
11,346
12,014
13,391
14,573
929
552
1969 (Est.)...
1970 (Est.)...
.
502
633
693
719
742
785
793
5,428
5,732
3,688
3,902
3,532
3,109
3,1^2
3,386
.
241
254
304
408
347
384
410
419
424
Interest
on publi
debt 4/
1,141
1,080
4,044
May
525
914
797
Atomic
Energy
Net expenditures
549
831
618
4,153
4,044
3,532
3,109
3,286
3,272
549
831
618
4,153
1968-January.
February.
March.
April. .
Office
Department
Net
lending
Transportation
Depart- Department
ment
2/
State
37
90
79
71
-3
29
40
-106
106
l,258r
1,228
1,312
1,350
1,347
1,396
197
210
191
216
207
222
1,345
1,360
1,351
1,254
216
200
186
31
1,441
1,41b
219
189
222
-20
1,373
230
Net
Harch
1969
.FEDERAL FISCAL OPERATIONS.
Table
4.
-
Undistributed Interfund Receipt Transactions
Treasury Bulletin
FEDERAL FISCAL OPERATIONS,
Table
5.
Federal Securities (Net)
Investment Transactions of Government Accounts in
ng and Urban Development Department 1/
ilth, Education, and Welfare Department
Federal
Old-Age rid
Survivors
Insurance
Trust Fund
i
-722
-203
-1,097
-822
692
458
-858
Federal
Disability
Insurance
Trust Fund
1,584
494
285
21
-129
-137
-263
-413
296
591
3,480
5,367
1,179
1,143
-928
-103
93
104
3,7a
702
-117
247
1,061
-219
-48
890
-557
-406
-56
126
160
107
Hospital
Insurance
Trust Fund
786
497
897
423
Government National
Renewal
and Housing Asst.
Federal
Housing
Adminis
tration
479
-197
97
-32
36
138
-194
-129
45
135
159
57
153
165
Sales
Fund
414
-117
24r
57
30
130
-14
-42
93
99
58
-14
66
17
-57
-49
114
-39
Federal
Supplementary
Medical
Insurance
Trust Fund
468
512
10
15
March 1969
FEDERAL FISCAL OPERATIONS
Table
6.
-
Net Market Purchases or Sales of Federal Securities
for Accounts Handled by the Treasury 2/
figures are net sales
Year
1949.
1950.
1951.
1952.
1953.
-1.8
13.5
36.8
22.1
5.1
6.3
482.7
8.4
19.9
6.7
8.8
12.9
72.6
-155.9
-22.4
18.9
10.7
13.4
10.6
-2.9
29.9
46.7
35.4
-2.1
62.2
43.1
56.1
18.9
293.5
44.0
16.4
19.5
18.2
32.3
111.3
83.2
44.6
7.0
27.1
76.3
23.4
1954.
1955.
1956.
1957.
1958.
7.0
23.0
-1.3
14.3
-123.4
1959.
1960,
1961.
1962.
1963.
14.1
17.5
-5.6
76.9
80.7
1964.
1965.
1966.
1967,
1968.
148.7
397.6
75.1
50.7
25.5
101.1
210.9
334-5
297.2
1969.
96.9
181.5
23.0
16.5
-21.3
47.1
142.
126.7.
.5
.
45.6
-54-7
-1.9
11.4
4.6
5.0
2.8
3.5
-1.7
5.8
8.4
16.5
.4
-17.2
20.3
9.4
3.8
3.5
1.5
4.7
1.9
-.1
7.0
29.0
8.2
L7.0
11.5
10.7
-3.6
11.7
-1.1
10.3
10.6
21.1
-30.7
56.2
26.6
17.3
14.2
7.9
83.9
-67.3
55.1
41.0
234.8
21.3
33.3
43.7
20.1
1.4
7.9
-45.5
22.5
398.8
15.8
177.2
-21.7
74.8
49.2
182.4
445.5
53.1
21.8
24.2
39.9
656.2
9.9
-14.5
15.4
-8.7
73.9
32.2
35.5
25.6
61.9
-59.0
17.3
-304.4
33.5
28.3
3.4
25.1
325.5
373.1
41.1
25.5
36.8
-23.3
345.7
71.6
105.5
57.3
-25.4
436.7
113.1
39.7
27.8
19.5
33.8
155.3
143.1
298.8
393.6
372.3
141.0
69.7
59.4
121.4
152.6
28.7
145.9
60.3
82.9
48.4
223.4
578.6
264.1
-23.1
71.7
169.8
198.6
55.5
-49.5
-33.5
126.2
39.8
-12.5
35.2
100.1
233.0
105.9
325.0
22.3
116.8
-1.9
2.8
56.2
5.7
313.4
For the years 1949 through 1966 consists of net purchases or sales by
the Treasury of securities issued or guaranteed by the U.S. Government
for (1) trust funds under the control of the Secretary of the Treasury;
(2) other accounts whose investments are handled through the facilities
of the Treasury Department; and (3) purchases of any outstanding security
44.4
.6
.3
65.1
41.9
prior to maturity by the Secretary of the Treasury as authorized
by 31 U.S.C. 754a. Beginning with 1967 consists of net purchases
or sales by the Treasury of all Federal securities for all accounts
included in the budget . All purchases by subscription on original
issue and all redemptions upon maturity are excluded.
.
.
Treasury Bulletin
10
FEDERAL FISCAL OPERATIONS
Table
8.
Detail of Excise Tax Receipts
(In thousands of dollars)
Total tobacco taxe;
Documentary and certain other stamp taxes
V
Manufacturers' excise taxes
Gasoline 6/
Lubricating oil, etc
Tires, tubes, and tread rubber -,
Passenger automobiles, chassis, bodies, etc. 7/
Trucks and buses, chassis, bodies, etc. 6/
Parts and accessories for automobiles, trucks, etc.
etc. 2/
Radio and television sets, phonographs, components,
Refrigerators, freezers, air-conditioners, etc. 2/
Electric, gas, and oil appliances 2/
Pistols and revolvers
Phonograph records 2/
Musical instruments 2/'. .
Sporting goods (other than fishing rods, creels, etc.) 2/Fishing rods, creels, etc
Business and store machines 2/
Cameras, lenses, film, and projectors 2/
Electric light bu^bs and tubes 10/
Firearms (other than pistols and revolvers), shells
:
.
and cartridges
Mechanical- pencils, pens, and lighters 2/
Matches 2/
,
Total manufacturers' excise taxes
Furs .
Jewelry
.
etc
etc
Toilet preparations
Total retailers
Miscellaneous excise taxes
Admissions to theaters, concerts, etc. 11/
Admissions to cabarets, roof garders, etc 11/
Club dues and initiation fees 12/
Telephone, wire, etc. and equipment service 12/
Transportation of oil by pipeline \Jj
Transportation of persons 12/
Transportation of property (including coal) yj
Use of safe deposit boxes 16/
Coconut and other vegtable oils processed 17/
Sugar
V '
Diesel and special motor fuels 6/ 18/
Narcotics and marihuana, including occupational taxes
Coin-operated amusement devices - bowling alleys, pool
tables , etc . 16/
Coin-operated gaming devices
Wagering occupational tax
Wagers
Use tax on highway motor vehicles having a "taxable gross
weight" exceeding 26,000 pounds 6/
Adulterated butter and filled cheese (imported and
domestic), process or renovated butter and imported
oleomargarine
Firearms transfer and occupational taxes
Interest equalizati on 20/
Foreign insurance
:
'
',
.
Total miscellaneous excise taxes
eived with returns and from sales of stamps
Unclassified excise taxe
Total excise taxe
.
.
March 1969
11
FEDERAL FISCAL OPERATIONS.
Footnotes to Table 8
Internal Revenue Service reports. The figures shown include
Source:
collections for credit to special accounts for certain island possesFloor stocks taxes are included with the related classes
sions.
of tax.
1/ Negative figures stem primarily from floor stock credits taken on
certain of the taxes repealed by the Excise Tax Reduction Act of 1965.
2/ Releases showing details are published monthly.
2/ Chewing, smoking tobacco, and snuff, repealed effective January 1,
1966, (Public Law 89-44)
ij Includes stamp taxes on deeds of conveyances, repealed effective
January 1, 1968, issues and transfers of bonds of indebtedness or
capital stock, repealed January 1, 1966, playing cards, repealed
June 22, 1965, and silver bullion, repealed June 5, 1963.
5/ Repealed effective June 22, 1965, (Public Law 89-44).
6/ Collections reflect the provisions of the Highway Revenue Act of
1956, approved June 29, 1956 (23 U.S.C. 120 note).
2/ Rate 10 percent through May 14, 1965; 7 percent from May 15, 1965
through December 31, 1965; 6 percent January 1, 1966 through
March 15, 1966, (Public Law 89-44). Under Tax Adjustment Act of
1966, rate restored to 7 percent, effective March 16, 1966, (Public
Law 89-368), under the Revenue and Expenditure Control Act of June
28, 1968, (Public Law 90-364) rate (which was reduced to 2 percent
on May 1, 1968) restored retroactively, to 7 percent.
8/ Automobile parts and accessories (except truck parts), repealed
effective January 1, 1966, (Public Law 89-44)
2/ Air conditioners, repealed effective May 15, 1965. Refrigerators and
freezers, repealed effective June 22, 1965, (Public Law 89-44).
10/ Sales of light bulbs for incorporation in articles upon which the
11/
12/
13/
manufacturers' tax was repealed effective June 22, 1965 (e.g. refrigerators), will be free of tax on and after such date.
Tax on all
other light bulbs and tubes, repealed effective January 1, 1966,
(Public Law 89-44).
Repealed effective noon December 31, 1965, (Public Law 89-44).
Repealed effective January 1, 1966, (Public Law 89-44).
General and toll telephone and teletypewriter service reduced to 3 percent, January 1, 1966. Private communications services, telegraph
service, and wire equipment service, repealed effective January 1, 1966,
( Public
LaW 89-44 )
For general and toll telephone services and for
teletypewriter exchange service, the rate of tax on amount paid on bills
first rendered on or after April 1, 1966 for services rendered after
January 31, 1966, is increased from 3 percent to 10 percent of the
amount paid (Public Law 89-368).
Repealed effective August 1, 1958, by an act approved June 30, 1958
(26 U.S.C. 4292 note).
Repealed effective November 16, 1962, except on air transportation,
which was reduced to 5 percent.
Repealed effective July 1, 1965 (Public Law 89-44).
Repealed effective August 31, 1963.
Excludes diesel fuel not for use in highway vehicles.
Reflects a decrease of $13,502 thousand in the amount reported for
this item for the quarter ended September 30, 1968.
Extended through July 31, 1969 by the Interest Equalization Tax
Extension Act of 1967, (Public Law 90-57).
Undistributed depositary receipts represent the amount of excise tax
depositary receipts issued, less the amount of depositary receipts
*
received with excise tax returns.
Less than $500.
Revised.
.
14/
15/
16/
17/
18/
19/
20/
21/
r
s
Treasury Bulletin
12
FEDERAL OBLIGATIONS,
"Obligations" are the basis on which the use of funds is
controlled in the Federal Government.
They are recorded at the
point at which the Government makes a firm commitment to
acquire goods or services and are the first of the four
events
— order,
— which
delivery, payment, consumption
key-
charac-
of categories which are based upon the nature of the trans-
action without regard to its ultimate purpose.
All payments
for salaries and wages, for example, are reported as personnel
compensation, whether the personal services are used in current
operations or in the construction of capital items.
they
Federal agencies and firms often do business with one
consist of ordere placed, contracts awarded, services received
another; in doing so, the "buying" agency records obligations,
and similar transactions requiring the disbursement of money.
and the "performing" agency records reimbursements.
terize the acquisition and use of resources.
In general,
The obligational stage of Government transactions is a
In
Table 1, obligations that are incurred within the Government
strategic point in gauging the impact of the Government'
are distinguished from those incurred outside the Government.
operations on the national economy, since it frequently repre-
Tables 2, 3, and U show only those incurred outside.
sents for business firms the Government commitment which
stimulates business investment, including inventory purchases
and employment of labor.
Disbursements may not occur for
months after the Government places its order but the order
itself usually causes immediate pressure on the private
economy.
Obligations are classified according to a uniform set
Obligation data for the administrative budget fund
accounts were first published in the September 1967 Treasury
Bulletin and the trust fund accounts were first published
in the October 1967 Bulletin.
Beginning with the April 1968
Bulletin, the data are on the basis of the budget concepts
adopted pursuant to the recommendations of the President's
Commission on Budget Concepts.
)
.
March
1969
13
FEDERAL OBLIGATIONS
Table
1.
Gross Obligations Incurred Within and Outside the Federal Government
by Object Class, December' 31, 1968
-
(In millions of dollars)
Gross obligations incurred
Object class
jnefits
Personal servi-os u::::
Personnel compensation
Personnel benefits
Benefits for former personnel
i
17,857
1,389
1,396
Contractual services and supplies
Travel and transportation of persons
Transportation of things
Rent, communications, and utilities.
Printing and reproduction
Other services
Supplies and materials
711
1,787
996
125
12,885
13,056
Acquisition of capital assets
Equipment
Lands and structures
Investments and loans
17,857
2,852
1,396
312
1,022
2,500
713
374
1,370,
109*
3,839
5,102
234
16,724
18,158
950
90
682
7,418
1,980
11,482
1,260
32
1,321
15,442
21,641
9,006
Grants and fixed charges
Grants, subsidies, and contributions
Insurance claims and indemnities. .
Interest and dividends
Refunds
14,182
a, 609
7,685
219
219
Other
Undistributed U.S. obligations
Obligations incurred abroad
Unvouchered
-1,192
3,525
-605
4,400
.
Gross obligations incurred 1/
Source:
Reports on Obligations, Standard Form 225, from agencies.
1/ For Federal Budget presentation a concept of "net obligations
incurred" is generally used. This concept eliminates transactions
within the Government and revenue and reimbursements from the publi
which by statute may be used by Government agencies without appropriation action by the Congress.
Summary figures on this basis
follow.
(This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget
presentation and therefore may differ somewhat from the Budget
document
.
$133,105
Gross obligations incurred (as above)
36 887
Advances, reimbursements, other income, etc..
96,217
Net obligations incurred
.
Less than $500,000.
Table
2.
-
Gross Obligations Incurred Outside the Federal Government by Major Function
and Major Object Class, December 31, 1968
(In millions of dollars)
Treasury Bulletin
14
FEDERAL OBLIGATIONS
,_H
March 1969
15
FEDERAL OBLIGATIONS-
0J
Treasury Bulletin
16
.ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Source and Availability of the Balance
in the Treasurer's
the same bank.
reThe account of the Treasurer of the United States
Account
On occasions, to the extent authorized by the
accounts
Treasury, banks are permitted to deposit in these
entered
securities
debt
public
to
subscriptions
from
proceeds
also
flects not only budget receipts and expenditures but
trust, deposit fund, and public debt transactions.
account of their
for their own account as well as for the
in
The working cash of the Treasury is held mainly
customers.
Treasurer's accounts with Federal Reserve banks and branches.
they are
As the balances in these accounts become depleted,
restored by calling in (transferring) funds from the tax and
to
The tax and loan account system permits the Treasury
arise
leave funds in banks and in the communities in which they
operauntil such time as the Treasury needs the funds for its
loan accounts with thousands of commercial banks throughout
In this way the Treasury is able to neutralize the
and the
effect of its fluctuating operations on bank reserves
tions.
the country.
Deposits to tax and loan accounts occur in the normal
economy.
course of business under a uniform procedure applicable to all
system
A detailed description of the Treasury's depositary
banks whereby customers of banks deposit with them tax pay-
may be found in the Annual Report of the Secretary of the
ments and funds for the purchase of Government securities.
Treasury for 1955, pages 275-284.
In most cases the transaction involves merely the transfer of
money from a customer's account to the tax and loan account in
Table
1.
-
Status of the Account of the Treasurer of the United States
(
In millions of dollars
Treasury operating bala
End of
fiscal year
or month
Available
funds in
Federal
Reserve
banks
1960
1961
1962
1963
1964
504
408
612
1965
1966
1967
1968
672
766
1,311
1,074
Tax and loan
accounts in
special
depositaries
Gold
balance
Treasury
b,458
5,453
8,815
10,324
9,180
10,689
10,050
4,272
4,113
106
109
121
120
120
108
102
112
111
7,601
4,727
5,372
4,225
4,113
110
111
111
111
111
September
October.
November.
December.
1,113
916
1,036
1,086
478
703
4,787
3,564
7,448
5,325
2,179
1969- January.
February.
517
505
6,576
4,284
1967-Dec ember..
1,123
1968-February.
1,197
March
April.
581
.
.
May
June
156
1,074
July
August.
1,035
.
Total
operating
balance
Silver
balance,
coinage
metal,
coin, and
currency
7,068
5,969
9,548
11,251-
10,238
11,469
10,917
5,695
5,298
253
179
147
136
145
534
775
etc.
74 2/
In Federal
Reserve
banks in
process of
collection
account of
Treasurer
of United
States
7,046
7,046
10,359
6,847
8,442
6,506
6,694
10,359
6,847
8,442
6,506
6,694
269
247
183
170
133
125
117
7,095
5,753
9,795
7,597
3,901
5,770
7,095
5,753
9,795
7,597
3,901
5,770
296
337
157
127
8,367
6,065
8,367
6,065
5,420
6,519
5,293
5,298
967
934
909
833
768
256
331
630
111
111
111
111
111
111
6,012
4,592
8,595
6,522
2,768
4,700
705
680
675
646
649
620
111
111
7,204
4,900
634
628
352
210
304
316
2/
Liabilities
1/
180
129
335
101
190
577
352
112
151
Total
assets
8,092
6,769
10,509
12,116
11,036
12,610
12,407
7,759
6,694
768
Daily Treasury statement.
Includes reserves and other deposits of the Board of Trustees, Postal
Savings System, and uncollected items, exchanges, etc., through
December 1962. Effective January 1963 balances of the Postal Savings
System funds were transferred to deposit fund accounts and became
demand obligations of the Treasury. Balances of these funds, there-
In other
depositar
375
335
441
313
360
320
252
266
190
337
222
303
342
234
233
370
,159
Source:
1/
Unclassified
collections,
8,005
6,694
10,430
12,116
11,036
12,610
12,407
7,759
6,694
fore, are no longer liabilities within the general account of the
Treasurer.
Uncollected items, exchanges, etc., also previously shown
as liabilities were combined with "Unclassified collections, etc."
shown under assets.
Amounts shown, beginning January 1963, are net of uncollected items,
exchanges, etc.
Previously these items were included under liabilities.
..
.
.
March 1969
17
.ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Table
2.
-
Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
Proceeds from
Savings
bonds
and
savings
notes 2/
2,679
2,787
2,725
2,699
2,760
2,635
1960
1961
1962
1963
1964
1965
1966
1967
1968
2,704.
2,783
2,673
1968-February.
March
April
May
June
July
August. .
September.
October...
November.
December.
.
1969-January.
.
Retirement
plan and
tax and
loss
bonds 2/
of securities 1/
Tax
antici
pation
7,784
7,613
5,898
2,963
2,340
7,368
7,643
9,538
2a
and corporation ij
7,920
1,788
3,774
3,830
2,014
1,627
1,173
9,576
4,075
221
220
224
206
230
222
195
216
197
211
During period
With-
3,131
2,646
1,937
1,713
February.
Source: Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
1/ Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting subscriptions to the issues.
2/ United States savings notes first offered for sale as of May 1, 1967.
Retirement plan bonds first offered for sale as of January 1, 1963;
3_/
tax and loss bonds first issued in March 1968.
Taxes eligible for credit consist of those deposited by taxpayers in
the depositary banks, as follows: Withheld income taxes beginning
y
33,059
34,511
37,519
41,267
43,580
42,475
48,478
70,524
90,791
Income (by
special
arrangement) j>/
Total
Irawala
credits
End of
period
57,496
55,842
56,438
57,595
58,277
60,050
74,699
91,382
112,583
54,782
56,847
53,076
56,085
59,421
58,540
75,338
97,160
112,741
6,458
5,453
8,815
10,324
9,180
10,689
10,050
4,272
4,113
6,458
7,653
8,889
10,324
10,257
10,872
11,274
9,979
8,004
1,390
1,161
1,531
2,535
1,577
1,844
447
710
1,029
4,103
4,151
4,457
5,325
4,747
5,431
4,324
3,775
4,191
6,654
9,964
8,388
7,367
11,605
10,970
10,188
8,609
10,722
11,812
9,345
13,061
7,964
11,869
11,924
7,601
4,727
5,372
4,225
4,113
8,004
7,342
5,372
5,966
6,975
3,212
3,305
1,029
4,225
1,886
5,636
4,755
2,766
5,146
3,697
8,299
8,125
12,304
7,533
8,450
12,691
12,383
10,994
12,500
10,654
8,647
14,841
11,709
12,217
8,616
12,777
11,793
13,134
4,787
3,564
7,448
1,551
3,564
1,172
3,471
1,411
951
4,486
5,325
2,179
3,885
6,401
5,389
7,448
6,952
5,135
5,320
8,122
9,732
10,097
9,964
7,407
12,256
6,576
4,284
6,857
6,369
1,199
3,669
3,228
5,399
6,053
9,142
6,521
6,835
9,921
12,598
14,522
9,257
4,309
3,713
5,082
3,211
3,293
March 1948; taxes on employers and employees under the Federal Insurance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; a number of excise taxes
beginning July 1953; estimated corporation income taxes beginning
April 1967; and all corporation income taxes due on or after
March 15, 1968.
Under a special procedure begun in March 1951, authorization was given
during certain periods for income tax payments, or a portion of them,
made by checks of $10,000 or more drawn on a special depositary bank,
to be credited to the tax and loan account in that bank. This procedure
was discontinued in April 1967.
Less than $500,000.
Treasury Bulletin
18
ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Table
3.
-
Summary
of
Cash Transactions through the Account of the Treasurer
of the United States
.
.
.
.
..
.
March 1969
19
.MONETARY STATISTICS.
Table
1.
-
Money
in
Circulation
(In millions of dollars except per capita figures)
Curren
being ssued 1/
longer issued
End of
fiscal year
or month
Federal
Reserve
bank
notes
National
bank
notes
Gold
certificates 2/
Silver
certifi-
1960
1961
1962
1963
1964
1965
1966
1967
1968
Federal
Reserve
notes 3_/
2,127
2,094
2,009
1,847
1,723
829
Federal
Reserve
notes ij
318
318
318
27,057
27,316
28,586
30,274
32,338
34,820
37,315
39,289
41,722
29,726
29,943
31,117
32,592
34,529
36,058
38,290
40,071
42,331
41,545
42,308
40,143
40,135
40,569
40,818
41,322
41,722
40,893
40,877
U, 248
41,484
41,971
42,331
41,982
42,291
42,229
42,542
43,750
44,653
42,593
42,904
42,842
43,155
44,363
45,270
42,700
43,311
319
.
1968-January.
February.
March. . .
April
May
June
299
361
298
284
266
July
August
September
ctober.
November.
December
.
United
States
notes
321
302
303
300
299
582
395
225
1967-December
ireasury
notes of
1890
296
297
297
298
299
225
302
303
304
304
224
306
310
225
.
:
.
1969- January.
End of
fiscal year
or month
I960
1961
1962
1963
1964
1965
1966
1967
1968
2,338
2,462
2,652
2,878
3,205
3,662
4,264
4,641
5,309
32,065
32,405
33,770
35,470
37,734
39,720
42,554
44,712
47,640
177.47
176.45
180.98
187.30
4,436
4,918
47,226
235.84
482
482
482
482
482
482
4,445
4,487
4,567
4,656
4,749
4,927
4,969
4,827
5,049
5,137
5,231
5,309
45,819
45,846
46,297
46,621
47,202
47,640
228.69
228.65
230.73
232.15
234.84
236.82
482
482
482
482
482
482
4,904
4,967
5,016
5,083
5,144
5,209
5,385
5,449
5,498
5,565
5,625
5,691
47,979
48,353
48,340
48,719
49,989
50,961
238.27
239.89
239.60
241.26
247.34
251.96
5,191
5,673
48,983
360
411
482
482
482
482
482
1967-December .
July
August
September
October...
November.
December
.
1969-January.
.
tioni/
Money in
circulation
per capita
(in dollars) 6/
2,033
2,133
2,293
2,466
2,723
3,180
3,782
4,160
4,827
305
329
1968-January. .
February.
March
April
May
June
Total
money in
circula-
Standard
silver
dollars
Source:
Circulation Statement of United States Money through December 1965;
thereafter, Statement of United States Currency and Coin.
1/ Excludes gold certificates, Series of 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
Issued prior to January 30, 1934.
Issued prior to July 1, 1929-
4/
,5_/
6/
1/
196.
a
204.14
216.10
224.55
236.82
U
242.04
Issued on and after July 1, 1929.
Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve banks and agents.
Based on the Bureau of the .Census estimated population. Beginning
fiscal 1959 estimates include -Alaska, and fiscal 1960, Hawaii.
Highest amount to date.
Less than $500,000.
Treasury Bulletin
20
DEBT OUTSTANDING
Table
1.
-
Summary
Debt and Guaranteed Agency Securities
of Public
of dollars)
Matured debt and debt bearing
ring debt
Total outstanding
Public debt
End of
fiscal year
or month
Public
debt 2/
Total 1/
Guarar
Guaran
teed
securi
Public
debt
2/
320,369
326,733
348,147
286,331
288,971
298,201
305,860
311,713
317,274
319,907
326,221
347,578
1967-Deoember.
345,208
344,663
1968-February
March.
352,107
350,033
347,545
352,863
348,147
351,556
349,473
346,984
352,294
347,578
July
August ..
September
October.
November
December.
351,652
354,928
355,324
357,787
357,466
358,631
351,078
354,356
354,743
357,194
356,863
358,029
1969-January.
February.
360,018
359,370
359,412
358,764
286,471
289,211
298,645
306,466
312,526
1960
1961
1962
1963
1964
1965
1966
1967
1968
117, 8i
April.
May
June
.
.
.
.
•:
3,090
3,299
3,759
3,906
4,356
4,161
4,476
3,935
3,178
341,194
3,470
3,469
348,314
346,136
343,615
348,902
344,401
3,242
3,337
3,370
3,392
3,178
3,242
3,337
3,370
3,392
3,178
267
226
275
3,138
3,148
3,150
3,139
2,969
2,880
3,138
3,148
3,150
3,138
2,968
2,879
1,839'
1,838
1,958
283,241
285,672
294,442
301,954
307,357
313,113
315,431
322,286
344,401
341,738
561
569
569
348,865
346,696
344,176
349,471
344,969
574
572
580
593
603
602
348,514
351,780
352,173
354,648
354,497
355,751
347,940
351,209
351,593
354,056
813
590
462
512
569
552
561
283, J80
355,149
139
240
444
605
812
589
460
512
568
560
561
568
568
573
571
580
592
603
602
358,179
357,412
1,958
Source:
Daily Treasury statement.
1/ Includes certain debt not subject to statutory limitation.
2/ Includes debt incurred for advances to certain wholly owned Government
agencies in exchange for which their securities were issued to the
Treasury (see Table 6).
Table
2.
-
International
Monetary
fund
U
3,090
3,300
3,759
3,907
4,357
4,163
4,477
3,935
3,178
285,911
294,886
302,559
308,169
313,702
315,892
322,798
344,969
140
240
444
607
Special
teed
2/
ij
ji/
*
445
349
438
310
295
292
308
284
254
to
International
Development
Association
Inter-
Othe
American
Development Bank
Guaranteed
securities
y
407
396
2,238
2,496
2,667
2,922
3,289
3,167
3,614
3,328
2,209
115
129
142
138
64
125
150
150
132
484
420
480
414
359
323
715
2,892
300
254
2,658
2,638
2,619
2,614
2,209
317
472
476
478
715
240
265
267
263
258
353
2,197
2,182
2,182
2,175
2,010
1,825
701
700
701
700
700
701
312
432
825
825
701
701
Held outside the Treasury.
Consists of Federal Housing Administration debentures and beginning
July 1959 D. C. Armory Board stadium bonds.
For current month detail, see "Statutory Debt Limitation," Table 2.
Less Than $500,000.
Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amounts in millions)
Total interest- bearing securitie
Amount
outstanding
End of
fiscal year
or month
Public debt
and guaranteed
ties 1/
I960
1961
1962
Public debt
and guaran-
Publi
debt
283,241
285,672
294,442
1963
1964
1965
1966
1967
1968
1967-December
341,738
341,194
1968-February
March
April
May
June
348,865
346,696
344,176
349,471
344,969
November.
December.
1969-January
February.
.
.
.
.
.
. .
Publi
debt
Public debt
Total
interestbearing
Guar-
Total
public
9,320
8,769
9,534
10,141
10,931
11,488
12,533
12,972
15,426
9,316
8,761
9,519
10,119
10,900
11,467
12,516
12,953
15,404
3.297
3.072
3.240
3.361
3.561
3.678
3.988
4.039
4.499
4-292
4-292
348,314
346,136
343,615
348,902
344,401
15,133
15,058
15,033
15,556
15,426
15,112
15,037
15,011
15,534
15,404
4.366
4.371
4-395
4.480
4.499
348,514
351,780
352,173
354,648
354,497
355,751
347,940
351,209
351,593
354,056
353,894
355,149
15,653
15,925
15,923
16,079
16,177
16,362
15,631
15,904
15,901
16,057
16,154
16,339
358,179
357,412
357,574
356,806
16,653
16,872
16,630
16,849
Footnotes at end of Table
5.
Treasury
bonds
Total
2/
ible
Issues ij
Special
issues
10]
.
154
307,357
313,113
315,431
322,286
344,401
3.297
3.072
3-239
3.360
3.560
3.678
3.988
4-039
4-499
4.7a
3.219
3.330
3.364
3.412
3.462
3.493
3.713
3.745
3.876
anteed
securities
i/
1/
283,380
285,911
294,886
302,559
308,169
313,702
315,892
322,798
344,969
July
August
September.
October
Computed annual inte
Computed annual
interest charge
3.449
3.063
3.285
3.425
3.659
3.800
4.134
4.165
4.757
3.815
2.584
2.926
3.081
3.729
4.064
4.845
4.360
5.711
5.135
5.073
3.689
3.817
3.932
3.786
4.366
4.371
4.395
4. 480
4.499
4. 609
5.324
5-360
5.479
5.638
5.711
5.141
5.140
5.151
5.294
5.294
3.687
3.687
3.687
3.681
3.681
3.830
3.837
3.850
3.863
3.876
3.930
3.930
3.962
4.012
4-133
3.795
3. 803
3.806
3.817
3.818
4-521
4-557
4-551
4-565
4.595
4-632
4-521
4-557
4.551
4.565
4.595
4-632
4.784
4-833
4.822
4.830
4-873
4.923
5.740
5.677
5.635
5.620
5.645
5.761
5.294
5.429
5.429
5-434
5-489
5-489
3.681
3.680
3.680
3.680
3.688
3.700
3.873
3.870
3.879
3.926
3.944
3.957
4-139
4-162
4-159
4.147
4-151
4.156
3.809
3.810
3.806
3.813
3.829
3.830
4.684
4.757
4.684
4.757
4.988
5.947
5-489
5.612
3.700
3.683
3.966
3.974
4.196
4.229
3.830
3.834
4.615
4.644
4.756
4.757
3.073
3.377
3.283
4-851
5.250
4.058
3.704
3.680
3.921
3.854
3.842
4-321
4-764
5.294
2.639
2.829
3.122
3.344
3.471
3.642
3.655
3.686
3.681
2.803
2.891
3.003
3.238
3.372
3.693
3.854
4-133
2.681
3.144
3.500
3.658
3.782
3.660
3.632
3.756
3.818
..
.
....
March 1969
21
DEBT OUTSTANDING,
Table
Total
interest
bearing
public
debt
End of
fiscal year
or month
"J
1960
1961
1962
1963
1964
1965
1966
1967
1968
3.
-
Interest-Bearing Public Debt
No nmarke table
Total
public
issues
Treasury
bonds
Treasury
Foreign
ment
series
3.. 4J
285,672
294,442
301,954
307,357
313,113
315,431
322,286
344,401
238,342
240,629
249,503
257,153
260,729
264,463
264,311
266,131
284,874
L83.845
187,148
196,072
203 508
,
206,489
208,695
209,127
210,672
226,592
33,415
36,723
42,036
47,230
50,740
53,665
54,929
58,535
64,440
17,650
13,338
13,547
22,169
1,652
5,610
51,483 81,297 4/
56,257 80,830
65,464 75,025
52,145 81,964
67,284 88,464
52,549 102,481
50,649 101,897
49,108 97,418
71,073 91,079
54,497
53,481
53,431
53,645
54,240
55,768
55,183
55,459
58,282
47,544
47,514
47,607
48,314
49,299
50,043
50,537
51,213
51,712
6,783
5,830
4,727
3,921
3,546
3,256
2,692
2,589
2,516
Foreign
currency
securities 2/
Special
issues
Other
2/
170
117
138
103
103
44,899
45,043
44,939
44,801
46,627
48,650
51,120
56,155
59,526
75
648
392
1,132
817
624
2,001
630
832
1,137
957
890
1,740
1967-December.
341,194
283,960
226,476
61,362
95,244
57,484
581
2,555
1,200
57,234
1968-February.
March.
April
May
June
348,314
346,136
343,615
348,902
344,401
291,072
289,425
286,658
289,746
284,874
233,273
231,651
228,718
231,761
226,592
72,905
71,300
68,589
69,587
64,440
66,719
66,727
66,534
71,070
71,073
93,649
93,623
93,596
91,104
91,079
57,799
57,774
57,939
57,985
58,282
51,629
51,642
51,648
51,693
51,712
2,552
2,545
2,527
2,517
2,516
1,995
1,844
1,876
1,866
2,001
July
1,390
1,490
1,615
1,615
1,740
August.
September
October.
November
December.
347,940
351,209
351,593
354,056
353,894
355,149
289,055
291,139
291,898
295,218
294,848
296,003
57,242
56,711
56,957
59,156
59,526
230,977
233,167
233,556
236,651
235,653
236,812
68,858
69,366
69,779
72,996
73,003
75,012
71,075
75,426
75,430
75,329
76,481
76,483
91,044
88,375
88,348
88,326
86,169
85,317
58,078
57,973
58,342
58,567
59,195
59,192
51,732
51,777
51,789
51,848
51,923
51,917
2,5U
2,510
2,507
2,492
2,489
2,487
1969-January.
February.
1,582
1,337
1,673
1,702
2,234
2,114
1,931
2,005
2,005
2,131
2,131
2,230
357,574
356,806
297,815
295,888
58,885
60,069
59,695
58,838
59,047
59,146
238,543
236,535
76,779
76,769
76,487
78,249
85,278
81,517
59,272
59,354
51,875
51,876
2,483
2,471
2,215
2,256
2,229
2,254
59,759
60,918
.
.
.
.
51
,
Source:
1/
2/
Daily Treasury statement.
2/
Consists of certificates of indebtedness, Treasury
notes beginning
January 1963, and Treasury bonds beginning September
1964, sold to
foreign governments for U. S. dollars.
Consists of the dollar equivalent of Treasury certificates of
indebted"'
bonds beg 1 111 October 1962; and Treasury notes
beginning
^
ll^lTJ
November
1966 issuedJ and payable in de~~ J gnated foreign currencies.
U
™
Includes Treasury bonds, Rural Electrification
Administration series
beginning July 1960j retirement plan bonds beginning
January 1963Treasury certificates beginning June 1963; Treasury
bonds beginning
January 1964; and U. S. savings notes beginning
May 1967.
Includes $50 million of Panama Canal bonds.
.
Table
4.
Maturity Distribution and Average Length of Marketable
Interest-Bearing Public Debt
(In milli
End of
fiscal year
or month
1960
1961
1962
1963
1964
1965
1966
1967
1968
Amount
outstanding
Within
1 year
183,845
187,148
196,072
203,508
206,489
208,695
209,127
210,672
226,592
70,467
81,120
88,442
85,294
81,424
87,637
89,136
89,648
106,407
233,273
231,651
228,718
231,761
226,592
116,253
1967-December.
1963- February.
March....
April
May
June
July
August.
September
October.
November
December.
230,977
233,167
233,556
236,651
235,653
236,812
1969-January.
February.
236,535
.
238, 543
years
of dollars)
1/
Treasury Bulletin
22
.DEBT OUTSTANDING.
Table
Daily Treasury statement.
Source:
Postal Sayings System through 1962;
1/ Consists of:
Insurance
insurance funds; Veterans' Special Term
5.
-
Special Public Debt Issues
Federal Hospital Insurer
Reopened Insurance Fund beginning May 1965;
Supplementary Medical
Trust Fund beginning February 1966; Federal
iZ^aTe Trust FunI beginning July 1966; and Export-Import Bank of
1967.
United States beginning February
"veteran^
Footnotes to Table
On the basis of the daily Treasury statement.
amount of
The computed annual interest charge represents the
outstandinterest that would be paid if each interest-bearing issue
for a
outstanding
remain
should
or
year
month
each
of
the
end
ing at
The charge is comyear at the applicable annual rate of interest.
interest rate
puted for each issue by applying the appropriate annual
actually borrowed
to the amount outstanding on that date (the amount
beginning
in the case of securities sold at a premium or discount,
issues
with May I960). The aggregate charge for all interest-bearing
constitutes the total computed annual interest charge. The average
annual
annual interest rate is computed by dividing the computed
Source:
Note:
1/
2/
2/
Ij
2
by the
interest charge for the total, or for any group of issues,
December 31,
corresponding principal amount. Beginning with data for
effective yield for
1958, the computation is based on the rate of
Prior to that date it was based
issues sold at premium or discount.
on the coupon rate for all issues.
held outside the Treasury.
those
are
included
securities
Guaranteed
Total includes "Other bonds" through 1960; see Table 3.
value is
Included in debt outstanding at face amount, but discount
interest rate.
used in computing annual interest charge and annual
applied against,
On United States savings bonds the rate to maturity is
the amount outstanding.
"
....
'
1
March 1969
23
.DEBT OUTSTANDING
Table
6.
-
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agriculture Department
Agency
for
international
Development 1/
End of
fiscal year
or month
25,636
26,011
28,634
29,166
29,241
28,354
26,964
24,611
27,040
1960
1961
1962
1963
1964
1965
1966
1967
1968
1967- Dec ember.
1968-February.
March
April
May
June
.
.
July
August
September.
October.
November.
December.
.
.
.
.
1969-January. .
February.
.
.
1,138
1,107
1,062
807
735
712
689
662
638
Credit
Corporation
12,704
11,534
12,990
13,599
13,990
13,111
11,768
10,097
11,989
Rural
Electrification
Administration
3,155
3,332
3,484
3,657
3,828
4,075
4,234
4,518
4,770
Secretary:
Farmers
Home
Administration
programs
2/
tation
Author-
ity
Dept.
Saint
Lawrence
Veterans
Administration:
Direct
loan
Development
program
95
100
100
100
118
121
121
123
123
124
125
125
129
1,180
1,330
1,530
1,730
1,730
1,730
1,730
1,730
1,730
Under
Defense
Production
Act
of 1950
Other
8/
2/
1,636
1,698
1,830
1,476
830
1,454
362
977
1,213
1,567
2,005
2,302
2,753
3,133
2,670
1,937
2,452
1,701
1,730
1,817
618
864
807
918
362
2,047
2,047
1,862
1,862
1,937
1,902
1,831
1,770
1,968
1,950
100
100
100
100
100
126
127
129
129
129
1,730
1,730
1,730
1,730
1,730
1,835
1,847
1,849
1,849
1,854
106
110
113
116
118
501
1,937
1,456
1,456
1,470
1,470
1,470
2,138
2,144
2,265
2,535
2,460
2,436
100
100
100
100
100
100
129
129
129
129
129
129
1,730
1,730
1,730
1,730
1,730
1,730
1,874
1,886
1,886
1,886
1,891
1,916
126
130
132
137
141
1,546
1,560
2,453
2,432
130
132
1,730
1,730
1,931
1,949
9,772
4,597
1,421
648
648
648
10,252
10,886
11.413
11,792
11,989
4,694
4,794
4,794
4,894
4,770
1,428
1,393
1,409
1,445
1,454
24,529
24,988
25,328
26,317
26,838
27,294
634
634
634
634
634
556
9,158
10,048
10,234
11,309
11,804
12,240
4,770
4,957
4,957
4,957
4,957
4,931
1,426
1,310
1,350
1,362
1,428
1,487
28,006
28,277
554
554
12,720
12,953
4,931
5,031
1,619
513
178
459
428
42
141
64
Source:
Daily Treasury statement.
Note:
These securities were issued to the Treasury in exchange for advances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury.
Further detail may be found in the 1967
6/
Annual Report of the Secretary of the Treasury, pages 769-72, and the
1968 Combined Statement of Receipts, Expenditures and Balances of the
United States Government, pages 571-3.
7/
1/ And predecessor agencies.
Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties.
The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
8/
others issued for the same purpose are included in "Other.
2/ Farm housing and other loan programs. Agricultural Credit Insurance Fund
(formerly Farm Tenant Mortgage Insurance Fund), and Rural Housing Insurance Fund.
2/
Includes securities transferred from the Reconstruction Finance Corporation.
4/
Consists of notes issued to borrow for:
The urban renewal program
(formerly slum clearance program); college housing loans; and public
facility loans.
Consists of liabilities taken over by the Association from the
i/
Transpor-
Tennessee
Valley
369
456
854
1,027
1,170
1,235
1,436
1,415
25,510
26,392
26,633
27,461
27,040
24,947
Housing and Urban
Development Department
ExportImport
Federa
Bank of
& Governthe
Other
Secretary ment
United
6/
National
States
M Ttgagi
3/
Assn. i/
2,338
3,202
3,167
2,716
2,393
1,899
1,466
1,329
1,950
85
1,970
1,964
1,976
1,923
2,019
2,056
2,023
1,850
1,854
90
118
123
Secretary in accordance with the act approved August 2,
1954, and
notes issued by the Association under authority of that act
(12 U.S.C.
1719 (c), 1720 (d), and 1721 (d) and also securities transferred
from the Reconstruction Finance Corporation.
Public Housing Administration 1960-1963; Federal Housing Administration beginning January 1966; Housing Assistance Administration beeinninff
e
B
September 1968.
Consists of notes of:
The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture;
the Secretary of Interior (Defense Minerals Exploration Administration); the Export- Import Bank of Washington through March 1962; and
the Secretary of the Treasury through May 1964.
Consists of notes issued by the: United States Information Agency for
informational media guaranties (see footnote l); Secretary of Commerce
(Maritime Administration) for the Federal Ship Mortgage Insurance Fund,
fiscal years 1960-61 and 1963-65, beginning March 1963; Virgin Islands
Corporation beginning fiscal I960; District of Columbia Commissioners
for the Stadium Sinking Fund beginning June 1962; Secretary of the
Interior (Bureau of Mines) for development and operation of helium
properties beginning May 1964, and (Bureau of Commercial Fisheries)
for Federal Ship Mortgage Insurance Fund beginning January 1966May 1967; and revenue bonds for Smithsonian Institution (John F.
Kennedy Center Parking Facilities) beginning July 1968.
Treasury Bulletin
24
__
Table
7.
-
DEBT OUTSTANDING.
Interest-Bearing Securities Issued by Government Agencies
(In millions of dollars)
Defense
Department
Family
housing
tgages and
Homeowners
sistance
End of
fiscal year
or month
1968-January.
February.
March.
April.
May
June
21,665r
21,740
22,027
23,384
23,505
24,399
.
.
.
July
August.
September
.
October.
November
December.
1969-January.
6,990
6,990
6,990
7,970
7,970
7,900
5,087
5,149
5,482
5,650
5,648
5,887
1,967
1,842
1,700
1,855
1,887
2,571
l,313r
1,357
1,394
1,359
1,312
1,230
554
552
560
573
583
582
7,900
9,195
9,195
9,195
9,165
9,140
5,850
5,823
2,467
2,559
2,639
3,063
3,039
2,821
1,311
1,308
1,312
1,317
1,369
1960
1961
1962
1963
1964
1965
1966
1967
1968
Federal
Home Loan
Bank Board
Tennessee
Valley
Authority
(Memorandum)
Federal
Banks for
National
cooperatives
Mortgage
2/
Association 1/
Federal
intermediate
credit banks
Federal home
loan banks
1,255
1,055
1,797
2,770
4,201
4,757
6,310
4,588
4,702
50
1967-December..
475
485
476
475
500
July
August
September
550
575
575
566
575
601
6,036
5,924
6,167
6,377
1
615
6,604
1,420
.
.
.
.
October.
November
December.
1969-January.
2,138
2,358
2,551
2,725
2,974
3,532
4,106
4,612
5,319
4,912
1968-January.
February.
March.
April. .
May
June
.
Federal
land
banks
2/
145
145
180
225
285
417
525
.
2/
2,775
9,140
Other independent
agencies - (continued)
End of
fiscal year
or month
344
387
467
469
534
531
541
541
549
548
1,906
1,992
Banks for
cooperati
525
709
881
1,072
1,230
15,031
20,105
Secondary
market
operations
Farm Credit Administrati
Export- Import
Bank of the
United
States
300
2,110
4,830
7,900
1,948
1,942
1,936
1,929
1,917
1,911
1967-December.
Participation
Sales Fund
Federal
National
Mortgage
300
520
827
1,022
1,385
2,164
2,571
24,474
25,843
20,055
20,347
20,267
15,064
1,572
1,867
2,130
2,268
2,238
2,183
2,112
2,036
1,951
Government National
Mortgage Association
2,285
2,199
2,558
1,961
1,699
1,797
3,269
4,079
5,887
l,986r
1,988
1,982
1,976
1,971
1,951
6,770
6,477
7,927
8,123
8,632
9,335
13,377
18,455
24,399
.
Federal
Housing
Administration
139
220
424
586
793
570
441
492
548
1960
1961
1962
1963
1964
1965
1966
1967
1968
Other independent agenci
Housing and Urban Development Department
4,326
4,385
4,133
4,133
4,162
4,702
4,997
4,991
5,126
3,581
4,706
4,517
4,505
4,508
4,714
4,702
5,318
5,390
5,387
5,430r
5,427
5,411r
3,639
4,714
5,443
525
Source:
Bureau of Accounts.
1/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
Housing and Urban Development Act of 1968 (P.L. 90-448).
2/
*
,
390r
5,121
5,227r
5,319
Effective December 31, 1968, Banks for cooperatives and Federal
intermediate credit banks were converted to private ownership
pursuant to provisions of Public Law 90-582, October 17, 1968.
Less than $500,000.
r
Revised.
..
..
March 1969
25
.DEBT OUTSTANDING
Table
8.
-Participation Certificates
(In millions of dollars - face
Participation certificates issued by GNMA acting as
trustee
Total
participation
certificates
seal year
Export- Import Bank
of the United State
Farmers Home
Administration 1/
month
Retirements
1962
1963
1964
1965
1966
1967
1968
300
250
373
750
2,601
4,311
3,820
1968-February.
March
April. ..
May
June ....
—
50
30
66
255
428
831
71 5r
161
143
31
Outstanding
300
520
827
1,322
3,495
6,976
10,083
8,832
8,689
9,658
9,652
10,083
Retir
ments
300
250
373
450
761
1,411,2/
570
50
30
66
255
398
650 2/
535
161
143
Out-
Retirements
standing
300
520
827
1,022
1,385
2,146
2,183
300
1,840
2,900
3,250
180
180
Out-
300
2,110
4,830
7,900
1,842
1,699
1,688
1,682
2,183
6,990
6,990
7,970
7,970
7,900
November.
December.
9,954
11,206
11,129
11,121
11,090
11,065
2,089
2,011
1,934
1,926
1,925
1,925
7,865
9,195
9,195
9,195
9,165
9,140
1969-January.
February.
11,060
11,046
1,920
1,906
9,140
9,140
.
.
July
August
September
October.
.
.
.
Fiscal 1969
to date
1,000
500
Retir
ments
standing
600
525
Outstanding
600
Treasury Bulletin
26
STATUTORY DEBT LIMITATION.
„„__.
757b), as amended
The Second Liberty Bond Act (31 U.S.C.
provides that
by the Act of June 30, 1967 (Public Law 90-39),
authority of that
under
issued
the face amount of obligations
guaranteed as to
Act, and the face amount of obligations
not exceed
principal and interest by the United States, shall
at any one time.
in the aggregate $358 billion outstanding
,
,
* of
c
face amount
In addition, the Act provides that the
under section
beneficial interests and participations issued
Charter Act
302(c) of the Federal National Mortgage Association
,
Table
-in
ii
s c
1^1^
l^^^ZntZ
^
Public Law 90-39 also provides that effective July 1,
public debt limit shall
1968 and each July 1 thereafter, the
v, a
tomnnrnrilv increased by $7 billion during the period besuch July 1 and ending on June 29 of the succeedyear
f""
calendar year.
mg ^fendar
^2°^"
Status Under Limitation February 28, 1969
-
1.
1717(c)) during the fiscal year 1968 and outat any time shall be added to the amount otherwise
determining whether the requirements of
6
provisions are met.
abo ve provis
the above
i
(In millions of dollars)
the Second Liberty Bond Act, as amended
The statutory debt limit established by
(31 U.S.C. 757b)
debt limitation:
Amounts outstanding subject to statutory
5™ Government securities issued under the Second Liberty Bond Act, as amended
Guaranteed debt of U.S. Government agencies.
Participation certificates (12 U.S.C. 1717(c))
^__
^^ qqq
358,126
^
250
!
J
debt limitation
Total amount outstanding subject to statutory
~
3,018
—
Balance issuable under limitation
Table
2.
-
Application of Statutory Limitation February 28, 1969
(In millions of dollars)
Total
outstanding
Classificatio
Public debt:
Interest-bearing debt:
Public issues marketable:
Treasury bills
Treasury notes
Treasury bonds
—
Total public issues
76,769
78,2:19
^yj
g-^
'
— marketable
.
,
.
n
236,535
—
—
Public issues nonmarketable:
Certificates of indebtedness:
Foreign series
Foreign currency series
Treasury notes:
Foreign series
Foreign currency series
Treasury bonds:
Foreign series
Treasury certificates
U.S. savings bonds
U.S. savings notes
U.S. retirement plan bonds
Depositary bonds
Treasury bonds, R.E.A. series
Treasury bonds investment series
^
,„q
x 608
'
,
g.
^
51 ' 876
10S
-^
_
~o
,
Total public-issues
— nonmarketable
59
Special issues to Government agencies and trust funds
Total interest-bearing debt
Matured debt on which interest has ceased
Debt bearing no interest:
Special notes of the United States:
International Monetary Fund series
Mortgage Guaranty Insurance Company Tax and Loss Bonds
U.S. savings stamps
Excess profits tax refund bonds
U.S. notes
Deposits for retirement of national bank and Federal Reserve bank notes.
Silver certificates
Other debt bearing no interest
^
78
22I
t
''-
1,526
Total debt bearing no interest
Total public debt
358,764
Guaranteed debt of U.S. Government agencies:
Interest- bearing debt
Matured debt on which interest has ceased
60
^
.
606_
Total guaranteed debt of U.S. Government agencies
Total public debt and guaranteed debt
'-'
-''
:
'
'
•
Deduct debt not subject to limitation
3,250_
Add participation certificates
Total subject to limitation
:'' "'
:
:
'
•
March 1969
27
.PUBLIC
Table
1.
-
DEBT OPERATIONS
Maturity Schedule of Interest-Bearing Marketable Public Debt Securities
Outstanding February 28, 1969
Other than Regular Weekly and Annual Treasury Bills
Treasury Bulletin
28
.PUBLIC
Table
1.
-
DEBT OPERATIONS.
Securities
Maturity Schedule of Interest-Bearing Marketable Public Debt
Outstanding February 28, 1969
(Continued)
Other than Regular Weekly and Annual Treasury Bills (In millions of dollars)
Amount of maturities
Amount of maturitie
Year
and
month
of final
maturity
Held by
U.S. Govt,
accounts and
Federal Reserve banks
2/
1972
Feb..
-
V
All
other
Held by - 1/
month
f final
maturity
U.S. Govt,
accounts and All
Federal Re- other
serve banks investors
2/
1975
2/15/72-A
2/15/72
4-3/4%
4%
Note
Bond
1-1/2%
Note
4/1/72-EA
4-3/4%
Note
5/15/72-B
-
2,006
2,344
377
271
1,629
2,073
Feb...
5-3/4%
Note
-
2/15/75-A
6%
Note
-
5/15/75-B
6-1/4%
Note
-
2/15/76-A
3,727
4%
Bond
-
2/15/80
2,600
3-1/2%
Bond
-
11/15/80
1,907
Total
1976
Feb.
2-1/2%
Sept...
Bond
.
6/15/67-72
4%
Bond
-
8/15/72
2-1/2%
Bond
-
9/15/67-72
1-1/2%
Note
Total
10/1/72-EO
1983
June .
2-1/2%
Bond
4,507
-
12/15/67-72
1985
May..
2,600
3-1/4%
Bond
-
6/15/78-83
3-1/4%
4-1/4%
Bond
Bond
-
5/15/85
5/15/75-85
1,103
1,215
194
426
Total
1973
Apr.
.
.
1-1/2%
Note
1990
Feb...
4/1/73-EA
8/15/73
Bond
2/15/90
4-1/4%
Bond
8/15/87-92
1992
An,-.
1-1/2%
3-1/2%
.
10/1/73-EO
Note
1993
Feb..
-1/8%
Bond
-
2/15/88-93
11/15/73
23SA
1974
Feb
4-1/8%
Bond
-
2/15/74
4-1/4%
Bond
-
5/15/74
Aug...
5-5/8%
Note
-
8/15/74-B
Nov...
5-3/4%
3-7/8%
Mote
Bond
May.
.
11/15/74-A
11/15/74
1995
Feb.
1998
Nov
3,980
2,241
1,355
685
23,221
8,206
.
.
4-1/8%
Bond
3%
Bond
-
2/15/95
3-1/2%
Bond
-
11/15/98
5/15/89-94
2,625
1,556
Source:
Daily Treasury statement and Office of Debt Analysis in the Offic
of the Secretary.
1/ Beginning with the February 1969 Treasury Bulletin, the definition of
U.S. Government accounts and all other investors is in conformity
2/
with the unified budget concept.
For issue date of each security, see "Market Quotations on Treasury
Securities.
5
March 1969
_ PUBLIC DEBT
Table
2.
29
OPERATIONS
Offerings of Treasury Bills
-
(Amount in millions of dollars)
Des
Issue date
Number of
days to
maturity 1/
Maturity
date
Amount of
bids
tendered
iption of
Amount
Amount of
Total
amount
na'turing
hiris ^Ppt-.erl
c
isue date
ompetitive basis
)n
noncompetibasis 2/
:
:..;
of new
'ering
Total of
unmatured
ssue outtanding after
Regular weekly:
(13-week and 26-week)
1968-Nov.
fl969-Feb.
May
7
2,383.5
2,045.0
1,101.0
1,301.1
972.6
299.4
128.4
448.0
331.9
1,600.4
1,101.6
20,817.0
28,634-7
91
182
2,432.2
1,945.6
1,603.3
1,102.7
1,334-6
972.8
268.7
129.9
332.5
1,600.2
1,101.1
20,820.2
28,636.4
91
182
2,541.5
2,145.8
1,602.0
1,102.3
1,316.2
958.0
285.8
144.3
469.7
352.8
1,601.5
1,100.1
20,820.6
28,638.5
90
2,474-0
2,031.1
1,599.8
1,100.1
1,316.0
948.9
283.8
151.2
366.3
287.4
1,600.1
1,099.8
20,820.4
28,638.9
2,381.0
1,875.9
1,600.1
1,100.1
1,323.9
958.7
276.1
141.4.
441.7
327.7
1,601.9
1,099.4
20,818.5
28,639.5
2,172.6
1,932.4
1,600.3
1,100.8
1,276.6
938.4
323.7
162.5
355.6
265.7
1,601.3
1,100.1
20,817.6
28,640.2
2,383.8
2,176.0
1,601.3
1,101.3
1,285-9
924.8
315.4
176.5
426.1
304.4
1,600.9
1,100.9
20,817.9
28,640.7
2,889.1
2,417.1
1,606.7
1,105.0
1,330.7
948.6
276.1
156.4
243.9
235.2
1,604.5
1,105.0
20,820.2
28,640.6
2,133.6
1,879.3
1,602.6
1,102.9
1,330.8
942.3
271.8
160.
378.4
301.7
1,601.1
1,100.5
20,821.7
28,643.0
2,643.4
2,097.0
1,604-5
1,101.8
1,235-5
862-3
369.0
239.5
368.5
303.3
1,600.8
1,102.0
20,825.5
28,642.8
2,674-2
2,615.9
1,601.5
1,100.7
1,205-5
396.0
218.8
335.2
253.2
1,601.1
1,100.6
20,825.9
28,642.8
2,666.5
2,587.6
1,603.4
1,097.5
354-3
201.4
320.6
252.6
1,600.2
1,100.2
20,829.1
28,640.1
91
182
2,647.5
2,450.0
1,600.0
1,103.3
1,269-6
921.3
330.4
181.9
408.2
1,603.1
1,100.9
20,826.0
28,642.5
91
182
2,797.9
2,189.6
1,600.9
1,100.5
1,275.8
921.8
325.2
178.7
445.5
327.2
1,600.4
1,103.2
20,826.5
28,639.8
3,797.9
3,058.7
1,596.0
1,100.5
1,263.5
926.4
332.5
174-1
482.3
322.2
1,603.3
1,101.1
20,819.2
28,639.1
Aug.
91
182
2,402.6
1,972.7
1,602.7
1,104.1
1,279.8
1,032.8
322.9
71.3
445-0
326.6
1,602.0
1,101.2
20,819.9
28,642.1
May
Aug.
91
182
2,495.4
1,901.9
1,601.6
1,100.8
1,284.9
937.9
316.8
163.0
428.4
292.9
1,599.8
1,104.5
20,821.8
28,638.4
278.3
233.8
2,015.0
4,018.2
7,028.6
9,029.8
10,789-3
\
Nov.
Nov.
Feb.
14
May
Feb.
21
Nov.
29
Dec.
5
May
Feb.
May
181
Mar.
June
Mar.
Dec.
12
Dec.
19
June
.Mar.
Dec.
26
1969-Jan.
2
9
Jan.
16
Jan.
23
Jan.
30
Feb.
Mar.
June
July
91
182
Apr.
July
Apr.
July
Apr.
,.
July
May
July
6
May
13
Feb.
20
Feb.
27
Aug.
May
Tax anticipation :
11
1968-July
Oct.
Dec.
24
1969-Jan.
20
Apr.
256
285
4,210.3
4,025.9
2,015.0
2,003.2
1,736.5
1,769.2
June
June
June
242
203
154
6,950.7
4,372.7
5,027.7
3,010.4
2,001.1
1,759.5
2,553.9
1,645.2
1,553.1
456.5
355.9
206.4
275
365
1,348.3
1,519.5
500.3
1,001.8
484-4
973.6
15-9
28.1
150.3
250.9
500.0
901.0
4,503.1
11,707.3
15.2
31.9
160.5
263.8
500.3
900.0
4,502.3
11,807.3
483.2
962-5
17.2
38.3
150.2
274.1
500.3
902.0
4,502.4
11,906.1
150.2
280.5
500.7
900.1
4,502.1
12,008.2
1969-Mar.
\
2
9-month and one-year
1968-Feb.
91
182
Apr.
Jan.
Feb.
June
:
1968-Nov.
1969-Feb.
29
k
Mar.
31
1968-Dec.
1969-Mar.
Apr.
30
Jan.
Apr.
30
28
31
31
Feb.
May
31
June
30
May
Mar.
June
31
Aug.
31
Sept.
30
1,119.7
1,522.7
499.5
1,000.1
276
365
1,439.5
2,304.6
500.4
1,000.8
273
365
1,140.2
1,861.3
500.4
1,002.2
486.5
973.7
14.0
28.5
273
365
1,200.2
2,205.1
500.3
1,001.7
484.5
961.1
15.8
40.6
138.1
276.1
500.0
1,000.5
4,502.5
12,009.3
500.5
1,001.0
484.7
962.3
15.8
38.7
159.8
280.7
500.5
1,000.6
4,502.4
12,009.7
500.6
1,000.4
480.2
958.8
20.4
41.6
260. 2
500.2
1,000.3
4,502.8
12,009.7
500.7
475.0
955.6
25.7
45.0
113.0
261.2
500.2
1,000.2
4,503.3
12,010.2
500.2
1,001.8
4,504.7
12,010.6
273
365
Apr.
July
274
365
July
1,841.2
2,944.9
270
365
May
Aug.
273
365
June
Sept.
1,343.2
2,040.7
1.000.'.
111
Oct.
31
Oct.
273
365
1,318.5
1,990.3
501.5
1,002.2
483.7
962.9
17.8
39.3
150.8
250.8
Nov.
30
Aug.
Nov.
272
365
1,337.5
1,972.7
505.3
1,000.9
483.9
953-3
21.4
47.7
140.1
240.6
500.3
1,000.3
4,509.7
12,011.3
4,510.5
12,010.5
July
Dec.
31
1969-Jan.
31
Feb.
28
273
365
1,254.3
1,795.3
500.4
999.2
481.3
943.7
19.1
55.4
100.9
201.5
499.5
999.9
Oct.
1970- Jan.
273
365
1,310.0
1,839.5
500.1
1,000.2
476.3
934-9
23-8
65.3
1TO.2
265.0
500.4
1,000.1
4,510.3
12,010.6
("1969- Nov.
275
365
1,324-0
1,463.9
482.6
964.0
17.4
36.4
200.0
222.2
500.4
1,001.8
4,509.9
12,009.2
1,000.4
Sept.
Dec.
f
{
\
Footnotes at end of table.
1970-Feb.
30
31
500.1
Treasury Bulletin
30
__PUBLIC DEBT OPERATIONS.
Table
2.
-
Offerings of Treasury Bills
-
(Continued)
3s
accepted
Price per hundred
Equivalent rate 2/
(Percent)
97.154
5.586
5.629
98.609
97.160
5.503
5.618
98.610
97.120
5.499
5.697
98.632
97.188
5.472
5-593
98.567
97.092
5.669
5.752
.524
97.002
5.839
5.930
98.484
96.950
5.997
6.033
98.405
96.749
6.310
6.431
98.407
96.785
6.302
6.359
98.421
96.774
6.247
6.381
98.425
96.773
6.231
6.383
98.456
96.844
6.108
6.243
98.437
96.835
6.183
6.260
98.417
96.781
6.262
6.367
98.426
96.778
6.227
6.373
98.446
96.814
6.148
6.302
98.455
96.822
96.147
95.689
5.418
5.445
96.509
96.891
97.450
5.193
5.513
5.961
95.975
94-587
5.269
5.339
95-840
94-373
5.466
5.550
95.645
94-241
5.680
5.680
95.353
93.805
March 1969
31
.PUBLIC
DEBT OPERATIONS,
Footnotes to Table 2
Source: Daily Treasury statement; Bureau of the Public Debt.
1/ The 13-week bills represent additional issues of bills with an
original maturity of 26-weeks and the 9-month bills represent
additional issues of bills with an original maturity of one-year.
2/ For 13-week and 26-week issues, tenders for $200,000 or less from
any one bidder are accepted in full at average price of accepted
competitive bids; for other issues, the corresponding amount is
stipulated in each offering announcement.
2/ Bank discount basis.
4/ Except $70,000 at 97.190.
Except $1,000 at 97.164.
6/ Except $5,000 at 97.170.
7/ Except $75,000 at 98.567.
B/ Except $100,000 at 96.824.
2/ Except $5,000 at 96.825.
10/ Except $1,000 at 96.852.
11/ Except $100,000 at 98.448.
V
12/
±2/
14/
157
16/
17/
18/
12/
20/
21/
22/
2J/
24/
2$/
26/
Except $2,000,000 at 96.804.
Except $130,000 at 96.865.
Except $800,000 at 96.868 and $100,000 at
96.854.
Except $500,000 at 96.188.
Except $500,000 at 95.757 and $500,000 at 95.741.
Except $3,000,000 at 96.552.
Except $200,000 at 97.350, $200,000 at 97.330, and $200,000 at 97.230.
Except $500,000 at 94.728.
Except $900,000 at 94.545.
Except $600,000 at 94.251.
Except $400,000 at 96.778.
Except $20,000 at 97.315.
Except $1,000,000 at 95.891, $991,000 at 95.890, and $600,000
at 95.888.
Except $238,000 at 94.540.
Except $35,000 at 93.925.
Treasury Bulletin
32
.PUBLIC
Table
3.
-
DEBT OPERATIONS.
New Money Financing through Regular Weekly Treasury
Bills
(Dollar amounts in millions)
Number of
days to
maturity
Maturity
date
1967- July
July
13.
20.
i
July
Amount
of bids
accepted
Average rate
on bids
accepted 2/
(Percent)
1967-October
1968-January
$2,207
1,646
$1,400
1,000
4.286
4.689
1967-October
1968-January
2,405
1,867
1,401
1,001
4-244
4-745
2,366
2,030
1,401
1,000
4.424
5.044
91
182
1967-October
1968-January
27.
Amount
of bids
tendered
3
1967-November
1968-February
2,368
2,019
1,405
1,000
4.181
4.639
August
10
1967-November
1968-February
2,422
1,981
1,400
1,000
4.173
4.757
August
17.
1967-November
1968-February
2,348
1,980
1,400
1,001
4.194
4.791
24.
1967-November
1968-February
2,232
2,023
1,402
1,001
4.334
4.922
31.
1967-November
1968-February
2,367
2,196
1,400
1,001
4.492
4.994
August
August
August
91
182
91
182
i
7.
1967-December
1968-March
182
2,679
1,633
1,401
1,001
4.324
4.765
September 14-
1967-December
1968-March
91
182
2,162
1,793
1,401
1,001
4.358
4-952
September 21.
1967-December
1968-March
2,004
1,810
1,400
1,000
4.489
4.998
September 28.
1967-December
1968-March
2,822
1,845
1,401
1,000
4.628
5.143
2,065
1,907
1,401
1,000
4.513
5.098
September
91
91
182
October
5.
January
April
October
13.
January
April
181
2,183
1,892
1,501
1,001
4.563
5.022
19
January
April
91
182
2,452
2,006
1,500
1,000
4.678
5.165
January
91
182
2,757
1,964
1,501
1,001
4.597
5.124
October
October
26.
90
2
February
May
2,286
1,911
1,501
1,000
4.543
5.043
N ovember
9
February
May
2,382
1,757
1,501
1,001
4.674
5.180
November
16.
February
May
2,628
1,652
1,501
1,000
4.648
5.154
24..
February
May
3,038
2,289
1,500
1,000
4.988
5.517
30.
February
May
N ovember
November
November
91
181
91
183
2,705
2,146
1,502
1,003
4.957
2,762
2,416
1,500
1,001
4.988
5.535
December
7.
March
June
December
14.
March
June
2,489
1,974
1,501
1,000
4.943
5.493
December
21.
March
June
2,730
2,304
1,506
1,006
5.128
5.659
December
28.
1968- January
February
March
March
March
March
4.
29.
2,451
2,063
1,502
1,003
4.990
April
July
91
183
2,377
2,053
1,501
1,001
5.104
5.593
May
August
92
182
2,510
2,052
1,601
1,000
5.065
5.235
91
182
2,732
1,931
1,602
1,000
4.999
5.172
91
182
2,389
1,743
1,600
1,000
5.107
5.321
2,460
1,600
1,000
5.285
5.377
91
182
3,427
1,836
1,608
1,001
5.185
5.301
June
7.
14.
21,
28.
Footnotes at end of table.
5.579
June
September
13
12
June
20
June
September
27
26
(Continued on following page)
5.515
1/
March 1969
33
PUBLIC DEBT OPERATIONS.
Table
3.
-
New Money
Financing through Regular Weekly Treasury Bills I- (Continued)
(Dollar amounts in millions)
Description of
Maturity
date
date
1968-April
April
April
("1968- July
4.
October
1,602
1,103
5.462
5.568
1,601
1,101
5.543
5.689
197
91
2,704
1,966
1,600
1,100
5.498
5.611
200
August
November
May
16.
August
November
May
23
6
June
13
2,494
2,176
1,600
1,102
5.506
5.697
200
91
182
2,417
2,065
1,600
1,101
5.557
5.750
200
91
2,526
2,150
1,60]
1,100
5.848
5.996
200
1,600
1,100
5.698
5.869
97
182
September
December
91
182
2,410
2,365
1,600
1,099
5-650
5.699
98
91
182
2,628
2,041
1,600
1,100
5.711
5.789
100
91
182
2,590
1,969
1,600
1,101
5.579
5.633
95
2,375
1,968
1,600
1,105
5.237
5-485
94
October
19 69 -January
\
2,119
1,981
1,601
1,100
5.401
5.588
100
(1968-October
1969- January
1,602
1,102
5.368
5.410
101
|
2,637
1,996
2,625
2,476
1,601
1,101
5.467
5-557
2,869
2,365
1,601
1,100
5.293
5.367
2,620
2,320
1,599
1,101
5-192
5.288
100
2,532
2,279
1,600
1,103
4-906
5-100
102
2,405
2,285
1,600
1,101
5-083
5-273
2,283
2,034
1,602
1,101
5-123
1,600
1,104
27
September
December
July
18
(1968-October
V 19 69 -January
July
25.
(1968-October
11969- January
1
(1968-October
1969- January
90
91
182
91
\
8
(1968- November
1969-February
15
[1968- November
1969-February
August
22
(1968- November
11969-February
August
29
August
1
September
5,
September 12
i
1969-February
2,404
2,271
fl968-Dec ember
(l969-March
2,493
2,709
1,602
1,103
5.196
5.249
104
91
182
2,740
1,969
1,601
1,100
5.247
5.277
101
91
2,525
2,262
1,601
1,100
5.217
5.249
100
1,604
1,102
5.150
5.230
106
182
2,843
2,030
91
182
2,338
1,830
1,601
1,101
5.182
5.284
101
2,105
1,866
1,601
1,103
5.276
5.363
102
11968-Deo ember
1969-March
(1968-December
1969-March
(1968-December
1969-March
[
October
October
5-a9
99
102
1968- November
1
September 26
91
182
1
1
September 19
203
2,292
2,154
20
11
182
182
September
December
5.
91
182
August
November
31,
June
August
5.310
5.399
2,614
2,328
9
August
5.146
5.266
1,600
1,001
3,256
2,493
May
July
|1,600
1,000
2,395
1,884
91
182
August
October
July
$2,179
1,601
New money
increase, or
decrease (-)
18.
2
June
Average rate
of bids
accepted 2/
July
October
25.
June
Amount
of bids
accepted
11.
May
May
Amount
of bids
tendered
July
October
July
October
April
Number of
days to
maturity
3
January
April
10
January
April
182
91
Source: See Table 2.
1/ Excludes issues of strips of additional amounts of outstanding, regular
weekly bills for cash on November 25, 1966 ($1,202 million). See
Table 4.
2/
104
Equivalent average rate on bank discount basis.
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table
4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip-
March 1969
35
.PUBLIC
Table
Date subscription books
4.
-
DEBT OPERATIONS.
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Treasury Bulletin
36
PUBLIC DEBT OPERATIONS.
Footnotes to Table 4
Bureau of the Public Debt.
Source:
1/ Bonds, notes, and certificates of indebtedness issued at par except
those bearing footnote 14. For bill issues, always sold at auction,
the rate shown is the equivalent average rate (bank discount basis)
For details of bill offerings, see Table 2.
on accepted bids.
On September 3, 1963, the Treasury began the monthly issuance of oneyear bills to mature on the last day of each month and, in addition,
on September 30, 1966, it began the monthly issuance of bills to
mature in nine months.
2/ From date of additional issue in case of a reopening.
J/ In reopenings, the amount issued is in addition to the amount of
original offering.
For securities exchanged for the new issues, see Table 8.
5/ For exchange value of securities eligible to be exchanged see Table
16/
17/
V
6/
7/
8/
2/
10/
11/
12/
12/
\jj
lV
5 or 6.
Includes $4,431 million of the 5-1/4% certificates and $1,519 million
of the 5-1/4% notes allotted to Federal Reserve banks and Government
investment accounts.
Tax anticipation bill, acceptable at face value in payment of income
taxes due on the 15th of the month in which the bills mature.
Exchange offering available to owners of nonmarketable 2-3/4% Treasury
For further
bonds. Investment Series B-1975-80, dated April 1, 1951.
information on the original offering see Treasury Bulletin for April
Amounts shown are as of February 28, 1969.
1951, page A-l.
Payment for subscriptions allotted could be made in ca"sh or in Treasury
bonds, notes, or certificates of indebtedness maturing on the
issue date of the new security.
Consists of allotments paid for with Treasury bonds, notes, or certificates of indebtedness maturing on issue date of new security
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign states, Government investment accounts
and the Federal Reserve banks, totaling $943 million for the 5-5/8%
notes and $75 million for the 5-3/8% notes, were allotted in full where,
as provided in the offering circulars, the subscriber made the required
certification of ownership of securities maturing November 15, 1966.
Subscriptions subject to allotment totaled $4,918 million for the 5-5/8%
notes which were allotted 30 percent, and $13,954 million for the 5-3/8%
notes which were allotted 10 percent; subscriptions for $100,000 or less
were allotted in full, and subscriptions for more than $100,000 were
allotted not less than $100,000.
Sale of a "strip" of Treasury bills, consisting of an additional $400
million of three series of outstanding one-year Treasury bills maturing
March 31, April 30, and May 31, 1967.
Issued for cash and in exchange for Treasury bills maturing November 25,
1966.
Price at which issued appears in either Table 5 or 6.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign states. Government investment accounts
and the Federal Reserve banks, totaling $3,675 million for the notes
of Series B-1968 and $248 million for the notes of Series A-1972, were
allotted in full where, as provided in the offering circulars, the
subscriber made the required certification of ownership of securities
maturing February 15, 1967. Subscriptions subject to allotment totaled
$16,240 million for the notes of Series B-1968, those up to and including $100,000 were allotted in full, all others were allotted 10 Dercent
but in no case less that $100,000, and $21,887 million for the notes
of Series A-1972, those up to and including $50,000 were allotted in
full, all others were allotted 7 Dercent but in no case les than
$50,000.
18/
12/
Includes $4,430 million of the 4-l/4% notes and $2,576 million of the
4-3/4% notes allotted to Federal Reserve banks and Government invest-
ment accounts.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirment and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign states, Government investment accounts
and the Federal Reserve banks, totaling $6,340 million, were allotted
in full where, as provided in the offering circular, the subscriber
made the required certification of ownership of securities maturing
August 15, 1967. Subscriptions subject to allotment totaled $9,320
million: those up to and including $100,000 were allotted in full;
all others were allotted 35 percent but in no case less that $100,000.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 38 percent but in no case
less than $100,000.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign states, Government investment accounts
and the Federal Reserve banks, totaling $7,575 million for the notes
of Series A-1969 and $149 million for the notes of Series A-1974, were
allotted in full where, as provided in the offering circulars, the
subscriber made the required certification of ownership of securities
maturing November 15, 1967. Subscriptions subject to allotment totaled
$8,070 million for the notes of Series A-1969 which were allotted 36
percent, and $13,984 million for the notes of Series A-1974 which were
allotted 7-1/2 percent; subscriptions for $100,000 or less were allotted
in full, and subscriptions for more that $100,000 were allotted not
less than $100,000.
Includes $1,280 million allotted to Federal Reserve banks and Government investment accounts.
Subscriptions for $200,000 or less were allotted in full. Subscriptions
for more than $200,000 were allotted 39 percent but in no case less
than $200,000.
Govern22/ Includes $3,993 million allotted to Federal Reserve banks and
ment investment accounts.
Subscriptions
22/ Subscriptions for $100,000 or less were allotted in full.
for more than $100,000 were allotted 28 percent but in no case less
than $100,000.
As provided in the offering circular subscriptions were allotted in full
(l) for States, political subdivisions or instrumentalities thereof,
public pension and retirement and other public funds, international
organizations in which the United States holds membership, and foreign
central banks and foreign states where the subscriber certified that
it owned securities maturing August 15, 1968, these totaled $123
million (2) for Federal Reserve banks and Government investment
accounts, these totaled $4,811 million and (3) those for $250,000
or less.
All other subscriptions were allotted 18 percent but in
The total of all subscriptions from
no case less than $250,000.
the public was $23,557 million.
of
the
million
5-5/8% notes and $1,043 million of the
Includes
$5,336
25/
5-3/4% notes allotted to Federal Reserve banks and Government investment accounts.
20/
26/
Includes $6,105 million of the 6-3/8% notes and $2,833 million of the
6-1/4% notes allotted to Federal Reserve banks and Government accounts.
27/
Sale of a "strip" of Treasury bills consisting of an additional $200
million of series maturing on April 30, May 31, June 30, July 31, and
August 31, 1969.
Preliminary.
p
B
March 1969
37
.PUBLIC
Table
5.
-
Unmatured Marketable
Date of
financing
of securities
Amount issued
(in millions)
DEBT OPERATIONS
Securities Issued in
Adjustment payments
at issue (per $100
of face value) 1/
Advance Refunding Operatic
Effective
vie]
Treasury
2/
!
Investment
yield 2/
Eligible securities exchanged
Treasury
1969
4?
Bond
10/1/69 i/
$287
250
635
161
399 4/
179
942
294 4/
7/24/64
V
V
$0.45
0.80
0.30
0.45
0.50
0.65
0.10
0.25
579 4/
...
.
r'
4-7/8?
3-3/4?
3-3/4?
3-7/8?
4?
3-5/8?
3-3/4?
3-5/8?
Note
Note
Note
Note
Note
Note
Note
Bond
Note
2-5/8?
3-1/2?
4?
3-5/8?
3-7/8?
3-3/4?
3-3/4?
3-5/8?
Bond
Note
Note
Note
Note
Bond
Note
Bond
2/15/65
11/15/65-B
11/15/65-E
2/15/66-B
2/15/66-C
5/15/66
8/15/67-A
11/15/67
5?
Note
Note
Note
Note
Note
Bond
8/15/64-B
11/15/64-C
8/15/64-E
11/15/64-E
5/15/65-A
2/15/65
5?
4.18
4.06
4.10
4.11
4.14
4.03
4.07
3.96
4.06-
4-13
4.10
4.21
4.09
4.15
4.16
4.18
4.18
4.18
4.18
4.18
4.18
4.06
4.06
8/15/64-B
H/15/64-C
8/15/64-E
11/15/64-E
5/15/65-C
8/15/66-A
2/1 5/66-
5/15/66
2/15/67-B
3,726
1970
4?
Bond
2/15/70
0.60
0.45
0.90
0.40
0.70
0.50
0.05
1/19/65
165 4/
211 4/
4?
Bond
8/15/70
1971
4?
Bond
8/15/71
V
694
278
221
654
1/29/64
4/
4/
4/
4/
4.05
3.92
4.29
4.33
4.17
4.17
4-32
3.96
4.15
4-15
4.16
4.16
4.16
4.15
4-7/8?
3-3/4?
3-3/4?
4-5/8?
2-5/8?
4.00
3.75
4.11
4.10
Bond
3?
2-5/8? Bond
0.90
0.70
0.70
4-03
4.00
3.97
3.97
3.97
3.96
3.97
3.96
3-1/2?
3-1/8?
2-1/2?
3?
Certificate
Certificate
Bond
Bond
8/15/63-C
11/15/63-D
8/15/63
2/15/64
0.95
0.95
2,223
/"
3/9/62
^
1,154 4/
1,651 4/
693 4/
3-7/8?
Bond
11/15/71 i/
3/15/63
94 4/
532 4/
196 4/
2/15/64
2/15/65
1972
4?
Bond
8/15/72
9/20/62
0.70
0.30
0.60
0.60
0.60
1.20
4.09
4.04
4.07
4.07
4.08
4.15
4.06
4.05
4.06
4.06
4.06
4-07
3-1/2?
2-5/8?
3-1/4?
3-1/4?
3-1/4?
4?
Certificate
Note
Note
Certificate
Note
Note
2/15/63-A
2/15/63-A
2/15/63-E
5/15/63-B
5/15/63-D
5/15/63-B
Bond
8/15/73
9/18/63
1.15
2.10
1.45
1.15
1.80
0.40
0.70
4.14
4.26
4.18
4.16
4.22
4.07
4.12
4.15
4-14
4.14
4.15
4.15
4.15
4.14
3-1/4?
4-3/4?
3-3/4?
3-3/4?
4?
3-5/8?
3-3/4?
Certificate
Note
Note
Bond
Note
Note
Note
5/15/64-B
5/15/64-A
5/15/64-D
5/15/66
8/15/66-A
2/15/67-B
8/15/67-A
0.90
1.25
0.75
0.90
0.95
1.10
0.55
0.70
0.15
4-24
4-29
4.22
4-24
4.25
4.27
4.20
4-23
4.17
4.22
4.22
4.22
4.22
4.23
4.23
4-24
4.23
4-23
5?
4-7/8?
3-3/4?
3-3/4?
3-7/8?
4?
3-5/8?
3-3/4?
3-5/8?
Note
Note
Note
Note
Note
Note
Note
Bond
Note
1973
4?
3,894
4-1/8?
Bond
11/15/73
7/24/64
362
232
344
213
769 4/
334 4/
1,303 4/
297 4/
503 4/
4,357
Footnotes at end of table.
(Continued on following page)
8/15/64-B
11/15/64-C
8/] 5/64-E
11/15/64-F
5/15/65-C
8/15/66-A
2/15/66-B
5/15/66
2/15/67-B
Treasury Bulletin
38
PUBLIC DEBT OPERATIONS.
Table
5.
-
Unmatured Marketable Securities Issued
in
Advance Refunding Operations
-
(Continued)
March 1969
39
.PUBLIC
Table
5.
-
Unmatured Marketable
Description of securities
Date of
financing
DEBT OPERATIONS.
Securities Issued in
Amount Issued
(In millions)
Advance Refunding Operations
Adjustment payments
at issue (per $100
of face value)!/
By
Treasury
Effective
yield 2/
Investment
yield 3/
4.20*
4.26
4.22
4.21
4.24
4.17
4.20
4.21*
Treasury
1989
4-1/856 Bond
-
5/15/89-94 5/
9/18/63
U
U
V
$375
126
317
114
105 tj
91
132 4/
V
V
$1.35
2.30
1.65
1.35
2.00
0.60
0.90
1,260
1990
3-1/2* Bond
-
9/29/61
722 Ij
576 4/
3/16/62
233
345
322 lj
3.56
3.49
2/15/90 5/
U
V
3.43
3.42
3.40
900,
10/3/60
993 4/
f 9/29/61
495
692 4/
.
1998
y
2.00
1.00
3.60
3.55
1,187
3-1/2? Bond
-
11/15/98 £/
3/16/62
181 4/
420 4/
333 4/
10/3/60
1,095
1,248 4/
933
y
0.25
0.50
3.50
3.49
3.48
-
(Continued)
Treasury Bulletin
40
.PUBLIC
Table
6.
-
DEBT OPERATIONS.
Unmatured Marketable Securities Issued
at a
Premium
Other than Advance Refunding Operations
Description of securities
Bond
10/1/69 2/
5-5/8?
Note
5/15/70-
6-3/8?
Note
5/15/70-C
4%
1970
11/15/70-A
1971
5-3/8%
Note
2/15/71-C
5-1/4?
Note
5/15/71-A
3-7/8%
Bond
11/15/71 2/
4-3/4%
Note
2/15/72-A
4-3/4%
Date of
financing
or
Discount
March 1969
.PUBLIC
Table
Description of securities
6.
-
DEBT OPERATIONS
Unmatured Marketable Securities Issued at
Other than Advance Refunding Operations
a
-
Premium
or Discount
(Continued)
Treasury Bulletin
42
PUBLIC DEBT OPERATIONS.
Table
7.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Treasury Bills 1/
(In millions of dollars)
Issues
March 1969
43
.PUBLIC
Table
7.
-
DEBT OPERATIONS
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series
Treasury Bulletin
44
PUBLIC DEBT OPERATIONS.
Table
7.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
- Treasury Bills Other than Regular Weekly Series - (Continued)
Part B.
(in millions of dollars)
.
March 1969
45
PUBLIC DEBT OPERATIONS.
Table
Called or maturing
8. - Disposition of Public Marketable
Securities
Other than Regular Weekly Treasury Bills
itles 1/
lati
Disposition offers
by TreasuryAmount
outstanding
7/31/66
7/31/65
1,000
8/15/66-A
2/15/62
8,436
Cash
retire-
y
1,000
Exchange
security
offered
Results of exchange offers
Ex-
changed
Description of new
securities offered
(See also Table 4)
Turned
in for
cash 2/
(In millions of dollars)
5,628
2,307
291
271
8/15/66
2/28/58
9,136
,136
11/15/66-A
1/19/66
1,652
1,652
517
ll/15/66-E
2/15/65
2,254
2,254
584
11/15/66
3/15/61
1,851
1,851
586
5,757
,757
1,687
501
-1/4* Cert.
15-1/4* Note
8/15/67-A
5/15/71-A
138
(5-1/4* Cert.
-1/4* Note
8/15/67-A
5/15/71-A
639
r5,919
2,578
of 5-1/4* Cert.
of 5-1/4* Note
I
5-1/4* Note
5,919
4,265
1
14,6
I
'3-3/8? Bond
8/31/66
8/31/65
1,000
1,000 3/
9/30/66
9/30/65
1,000
1,000
10/1/66- E0
10/1/61
357
357
10/31/66
10/31/65
1,000
1,000
11/15/66
3/15/61
1,264
5/15/71-A
of 5-1/4* Cert.
of 5-1/4* Note
V
V
279
19
1,264
966
5-5/8* Note
5-3/8* Note
2/15/68-A
11/15/71-B
5-5/8* Note
5-3/8* Note
2/15/68-A
ll/15/71-B
5-5/856 Note
2/15/68-A
11/15/71-B
k
I
11/15/66-E
4-3/4* Cert.
11/15/66-A
2/15/65
1,672
1,035
I
1/19/66
1,135
1,071
I
Total.
4,071
4,071
4.277* Bill
11/30/66
11/30/65
1,001
4.731* Bill
12/31/66
12/31/65
1,001
1,001
V
4.699* Bill
1/31/67
1/31/66
1,001
1,001
V
f3-5/8* Note
2/15/67-B
3/15/63
2,358
V
Note
2/15/67-C
8/13/65
(Jotal
1,001 4/
396
2,358
54
5,151
3,240
174
5,151
7,508
7,:
4.845* Bill
2/28/67
2/28/66
1,000
1,000
5.338* Bill
3/22/67
8/26/66
2,006
2,006 7/
3/31/67
3/31/66
1,000
1.000 jj
1-1/2* Note
4/1/67-EA
4/1/62
270
f5.433* Bill
5.483* Bill
4/21/67
4/21/67
8/26/66
8/26/66
1,003
1,507
1.0031
?/
1,507/-^
1.001
4.773* Bill
4/30/67
4/30/66
1,001
(4-1/4* Note
5/15/67-D
11/15/65
9,748
'
2-1/2* Bond
I
Total.
V
3,864
(Vl/4* Note
14-3/4* Note
8/15/68-C
5/15/72-B
|4-l/4* Note
4-3/4* Note
8/15/68-C
5/15/72-B
11,177
11,177
5,919
15-1/4*
3-3/4* Note
5,919
8/15/67-A
9/15/62
2,929
2,929
837
4-7/8* Note
8/15/67-E
2/15/66
2,117
2,117
a3
22,143
f6,444
3,952
of 4-1/4* Note
of 4-3/4* Note
-3/4* Note
10,96
[6,444
5,310
1
4.966* Bill
5/31/67
5/31/66
1,001
1,001
2-1/2* Bond
6/15/67
5/5/42
344
344
Footnotes at end of table.
5/15/68-B
2/15/72-A
cf 4-3/4* Note-B
of 4-3/4* Note-A
640
446
8/15/66
10,9
4-3/4* Note
4-3/4* Note
13,636
228
5,804
3,506
8/15/67-A
Total
3,644 6/
5/15/68-B
2/15/72-A
V
5/5/42
Grand total.
1,737
4-3/4* Note
4-3/4* Note
270
6/15/67
Cert.
1,907
V
4.739* Bill
i
of 5-5/8* Note
of 5-3/8* Note
3,072 6/
I
4*
15-3/8* Note
V
(Continued on following page)
of 4-1/4* Note
of 4-3/4* Note
5/15/72-B
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table
8.
-
Disposition of Public Marketable Securities
Other than Regular Weekly Bills
-
(Continued)
March 1969
47
.PUBLIC
Table
DEBT OPERATIONS.
8. - Disposition of Public Marketable Securities
Other than Regular Weekly Bills
(Continued)
-
ailed or maturing securiti
Date of
refunding
or retirement
Disposition offers
by Treasury
Issue
date
Amount
outstandin
Cash
retirement
Results of exchange offers
Exchange
security
offered
Turned
Description of new
securities offered
(See also Table 4)
in for
cash 2/
(In millions of dolla
8/31/68
A. 100?
Bill
"\5-422? Bill
8/31/68
8/31/68
8/31/67
8/31/67
1,000
500
1,000
500
1,000]
1,002
500
1,002V
9/30/68
{5.121$ Bill
5.555? Bill
9/30/68
9/30/68
9/30/67
9/30/67
10/1/68
1-1/2? Note
10/1/68-E0
10/1/63
\5.254? Bill
10/31/68
10/31/68
10/31/67
10/31/67
5-1/4? Note
11/15/68-D
5/15/67
10/31/68
A. 301?
11/15/68
Bill
50
U
500-f
8,984
6/
8/
p
B-1970
A-1974
12/15/68
12/1/42
1,787
566p1
400p,
11,929
10,123p
5.4.31? Bill
11/30/67
11/30/67
10,738
6,741p]
3.029pj
r6-3/8? Note
16-I/4? Note
C-1970
A- 1976
2,020pl
698p|
6-3/8? Note
6-1/4? Note
C-1970
A- 1976
5.240? Bill
12/15/68
12/1/42
12/31/68
'5.544? Bill
5.423? Bill
12/31/68
12/31/68
12/31/67
12/31/67
1,000
500
1/31/69
5.267? Bill
5.665? Bill
1/31/69
1/31/69
1/31/68
1/31/68
1,000
500
5-5/8? Note
2/15/69-A
11/15/67
Bond
2/15/69
5.281? Bill
6.086? Bill
7,794p of 5-5/8? Note
2,329p of 5-3/4? Note
1,000
500
2-1/2? Bond
821p
8/15/62
3,728
8,761p of 6-3/8? Note
3,727p of 6-1/4? Note
2/28/69
2/28/69
2/29/68
2/29/68
1,002
500
Daily Treasury Statement; Bureau of the Public Debt
Original call and maturity dates are used.
All by investors other than Federal Reserve banks.
Rolled over into one-year bills (see Table 4).
Rolled over into 9-month and one-year bills under new program
beginning September 30, 1966 (see Table 4).
Holders of the maturing notes, bonds, or certificates were not offered
preemptive rights to exchange their holdings, but were permitted
to present them in payment or exchange, in whole or in part, for the
new securities offered.
Excess of maturing securities over allotments of new securities paid
for with the maturing securities.
Tax anticipation issue; for detail of offerings beginning July 1966,
see Table 4; for amounts redeemed for taxes and for cash see "Note"
below.
Of this amount, $7 million of the 4-3/4? notes and *7 million of the
3-7/8? bonds were submitted in payment for subscriptions allotted
for 6? Treasury Notes of Series C-1969 which were offered on a cash
'basis.
Holders of the maturing securities were not offered preemptive
rights to exchange their holdings for the notes of Series C-1969.
For detail of offering see Table 4.
Preliminary.
5-5/8? Note
5-3/4? Note
2-1/2? Bond
Source:
2/
B-1970
A-1974
1,158
Total.
V
347p
9/15/63
4?
2/
4/
B-1970
A-1974
5-5/8? Note
5-3/4? Note
11/15/68
2/15/69
1/
2/
5-5/8? Note
5-3/4? Note
564p
247p
12/15/68
2/28/69
638p
3-7/8? Bond
11/30/68
11/30/68
11/30/68
^ooV
1
-';:l
Information on retirement of tax anticipation issues referred^ to
in footnote 7, in millions of dollars:
Note:
Date of
retirement
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS.
Table 9. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U. S. Dollars)
Month of
activity
March 1969
49
.PUBLIC
DEBT OPERATIONS
Table 9. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
V.
Month of
activity
Maturity
date
S.
Dollars)
Interest
rate
Total outstanding
end of month
(Percent)
Certificates of indebtedness
11/12/65
5/13/68
4.30
(12/22/66
6/22/67
12/22/67
9/27/67
9/29/67
4.95
3.85
3.50
3.50
/ 6/22/67
^ 6/28/67
V.6/30/67
Certificates of indebtednes
11/12/65
5/13/68
4.30
^6/28/67
7/25/67
7/26/67
7/26/67
7/26/67
7/27/67
7/28/67
7/31/67
7/31/67
7/31/67
9/27/67
10/25/67
9/27/67
10/26/67
10/26/67
10/27/67
9/27/67
10/30/67
9/27/67
10/31/67
3.50
4.45
3.50
4-45
4.45
4.45
3.50
4.45
3.50
11/12/65
5/13/68
4-30
("6/28/67
9/27/67
9/27/67
9/27/67
9/27/67
11/2/67
9/27/67
9/29/67
11/8/67
11/8/67
10/25/67
11/14/67
10/30/67
10/30/67
10/25/67
10/30/67
10/25/67
11/24/67
11/14/67
11/22/67
11/22/67
11/28/67
11/30/67
10/30/67
11/22/67
11/28/67
Certificates of indebtedness
.
7/26/67
7/28/67
8/2/67
8/2/67
7/31/67
6/30/67
8/7/67
8/8/67
7/25/67
8/14/67
7/31/67
8/15/67
8/17/67
8/17/67
8/18/67
8/23/67
8/25/67
8/25/67
8/28/67
8/29/67
8/31/67
8/31/67
8/31/67
8/31/67
11/12/65
9/1/67
5/13/68
10/1/68
Vu/67
11/14/67
11/14/67
11/22/67
11/22/67
11/28/67
10/30/67
11/22/67
11/28/67
11/30/67
10/30/67
12/5/67
12/6/67
12/14/67
11/22/67
11/28/67
11/30 '67
12/19/67
,
Certificates of indebtedness
8/25/67
8/25/67
8/28/67
8/29/67
8/31/67
8/31/67
, 8/31/67
S 8/31/67
9/1/67
9/5/67
9/6/67
9/U/67
9/15/67
9/15/67
9/15 '67
19/19/67
fin millions of dollars)
50
100
125
150
13
>
894
>
742
)
923
4-45
3.50
3.50
3.50
3.50
4.20
3.50
3.50
4.20
4.20
4.45
4.1875
4.45
4.45
4.45
4-45
4.45
4.35
4.1875
4.35
4.35
4.50
4.50
4-45
4.35
4-50
4.30
...
"
4.1875
4.1875
4.35
4.35
4.50
4.45
4.35
4.50
4.50
4.45
4.35
4.35
4.40
4.35
4.50
4.50
4.50
(Continued on following page)
38
100
Treasury Bulletin
50
PUBLIC DEBT OPERATIONS.
Table
9.
-
Foreign Series Securities (Nonmarketable)
- (Continued)
Issued to Official Institutions of Foreign Countries
(Payable in U. S. Dollars)
March 1969
.PUBLIC
Table
9.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U. S. Dollars)
Month of
51
DEBT OPERATIONS.
-
(Continued)
Treasury Bulletin
52
PUBLIC DEBT OPERATIONS,
Table
9.
-
Foreign Series Securities (Nonmarketable)
- (Continued)
Countries
Issued to Official Institutions of Foreign
in U.S. Dollars)
Month of
activity
March 1969
.PUBLIC
53
DEBT OPERATIONS
Table 9. - Foreign Series Securities
(Nonmarketable)
Issued to Official Institutions of Foreign
Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Maturity
date
Interest
rate
3/12/68
3/13/68
3/13/68
3/15/68
3/18/68
3/19/68
3/19/68
3/19/68
3/27/68
3/27/68
3/28/68
3/29/68
3/29/68
3/29/68
3/29/68
3/29/68
6/12/68
4/29/68
5/29/68
6/13/68
6/18/68
6/13/68
6/17/68
6/19/68
6/17/68
6/27/68
6/17/68
5/29/68
6/11/68
6/12/68
6/13/68
6/17/68
(Percent)
5.10
4.95
5.10
5.10
5.23
5.10
5.10
5.30
5.10
5.20
5.10
5.10
5.10
5.10
5.10
5.10
11/12/65
5/13/68
4.30
4/4/68
4/16/68
4/17/68
4/30/68
5/9/68
5/13/68
5/13/68
5/28/68
6/17/68
6/17/68
6/27/68
6/17/68
5/29/68
6/11/68
6/12/68
6/13/68
6/17/68
7/2/68
5.10
5.10
5.10
4.85
4.95
Certificates of indebtedness
m
r
Certificates of indebtedness
5.20
5.20
5.15
5.20
5.20
5.10
5.20
5.10
5.50
5.50
5.20
5.50
5.20
5.20
6/28/68
6/17/68
6/28/68
6/17/68
7/17/68
7/16/68
6/28/68
7/16/68
6/28/68
6/28/68
7/26/68
6/28/68
7/30/68
7/30/68
5.55
5.20
5.50
5.50
11/12/65
5/13/68
5/15/68
5/23/68
5/24/68
5/13/68
3/13/70
6/16/69
9/23/69
9/24/69
4.30
5.74
6.05
6.375
6.30
2/2/68
2/14/68
2/28/68
2/29/68
4/18/68
4/19/68
4/19/68
4/22/68
4/25/68
4/30/68
4/30/68
5/2/68
5/3/68
5/6/68
5/7/68
5/14/68
5/17/68
5/17/68
5/21/68
5/22/68
5/29/68
V^ 5/31/68
5/2/68
5/14/68
5/28/68
5/29/68
7/16/68
6/28/68
7/16/68
6/28/68
6/28/68
6/28/68
7/30/68
8/2/68
6/28/68
6/28/68
6/28/68
8/14/68
7/30/68
8/7/68
8/20/68
8/20/68
8/29/68
8/20/68
C
V.
6/28/68
7/3/68
5.05
5.05
5.10
5.10
5.10
5.20
5.10
5.10
5.10
5.10
5.10
5.10
5.15
4/11/68
4/11/68
4/12/68
4/17/68
4/18/68
4/19/68
4/19/68
4/22/68
4/25/68
4/26/68
4/30/68
4/30/68
4/30/68
V
Certificates of indebtedness
iA/68
1/16/68
1/17/68
1/31/68
2/9/68
2/13/68
2/13/68
2/28/68
3/19/68
3/27/68
3/27/68
3/28/68
3/29/68
3/29/68
3/29/68
3/29/68
3/29/68
4/2/68
4/3/68
4/4/68
4/4/68
4/5/68
(Continued on following page)
4.85
5.05
5.10
5.10
5.50
5.20
5.50
5.20
5.20
5.20
5.50
5.50
5.20
5.20
5.20
5.55
5.50
5.50
5.85
5.85
5.70
5.85
Total outstanding
end of month
(In millions of dollars)
35
65
23
65
150
65
23
65
150
100
250
5
117
31
50
50
100
V
33
227
13
25
37
11
13
24
31
175
153
250
150
40
150
100
50
200
37
9
13
153
150
5
19
4
5
50
28
40
200
9a
1,876
Treasury Bulletin
54
.PUBLIC DEBT OPERATIONS.
Table
9.
-
Foreign Series Securities (Nonmarketable)
- (Continued)
Issued to Official Institutions of Foreign Countries
March 1969
56
I
March
Treasury Bulletin
58
PUBLIC DEBT OPERATIONS.
(Nonmarketable)
Foreign Currency Series Securities
Countries
Foreign
of
Issued to Official Institutions
Table
10.
-
March 1969
59
PUBLIC DEBT OPERATIONS
Table
10. - Foreign Currency Series
Securities (Nonmarketable)
Issued to Official Institutions of
Foreign Countries - (Continued)
Month of
activity
Issue
date
Maturity
date
Amount
(Dollar equivalent)
Interest
rate
Total outstanding
end of month
Retired
(Percent)
Certificates of indebtedne
Notes
C
Certificates of indebtedne
German marks
German marks
9/1/66
9/1/67
9/1/67
3/3/69
r German marks
Swiss francs
Swiss francs
^ Swiss francs
10/3/66
10/7/66
7/26/67
10/26/67
10/3/67
10/6/67
10/26/67
1/26/68
German marks
German marks
Swiss francs
10/2/67
10/3/67
10/6/67
4/3/72
4/1/69
1/6/69
/
\
I
Notes
<
1
f"
Certificates of indebtedne:
German marks
11/1/67
5.48
11/17/67
5/2/69
2/17/69
11/24/69
5.58
5.45
Swiss francs
^ Swiss francs
Swiss francs
Swiss francs
Swiss francs
Netherland
guilders
12/9/66
12/11/67
12/11/67
3/11/69
5.39
10/26/67
1/26/68
1/26/68
1/29/68
1/26/68
7/26/68
1/24/69
1/29/69
4.60
4.75
Swiss francs
Swiss francs
German marks
12/9/66
1/9/68
1/5/68
1/9/68
4/9/69
7/5/72
5.42
5.57
5.46
I
Certificates of indebtednes
f
J
<
1
Mar.
Apr.
3/7/68
6/9/69
1/3/67
4/3/68
4/1/68
4/3/68
7/3/69
10/2/72
4.93
5.58
Swiss francs
1/27/67
5/27/68
5/27/68
9/29/69
4.65
6.16
1
I
'Austrian
chillings
Austrian
chillings
.German marks
134
102
[Italian lire
Italian lire
1/30/67
7/30/68
7/30/68
1/30/70
4.57
5.40
125
German marks
German marks
1/3/67
11/1/68
2/19/73
4.87
5.20
124
/Swiss francs
Swiss francs
6/30/67
9/30/68
9/30/68
1/30/70
4.83
5.30
fSwiss francs
7/5/68
7/16/68
10/7/68
IO/16/68
10/7/68
J Swiss francs
Swiss francs
LSwiss francs
J
Notes
German marks
10/2/68
Netherland
guilders
German marks
1/29/68
[German marks
Belgian francs
German marks
Italian lire
Swiss francs
Swiss francs
Swiss francs
German marks
Swiss francs
^ Swiss francs
|
Certificates of indebtedness
'German marks
Swiss francs
Swiss francs
German marks
* German marks
12/27/68
12/1/66
11/24/67
12/2/68
12/16/68
10/16/68
i
26 '68
7/26/68
12/27/68
1/16/69
1/24/69
5/2/67
10/6/67
1/6/69
1/2/69
1/16/69
1,490
1,615
5.73
6.25
|
|
125
100
4.75
5.25
5.50
5.00
Swiss
Swiss
Swiss
Swiss
I
[Certificates of indebtedness
66
7/26/68
10/7/68
10/16/68
1/24/69
|
Notes
51
12/22/72
I
{Certificates of indebtedness
12/12/69
152
101
6/24/68
Notes
Notes
6/12/68
6/12/68
23
1/26/68
7/5/68
7/16/68
7/26/68
July.
Sept.
12/12/66
125
50
francs
francs
francs
francs
Certificates of indebtedness
Notes
5.00
2.50
Swiss francs
| Swiss francs
50
52
153
5.60
5.58
Swiss francs
J
\ Swiss francs
German marks
May.
Aug..
5.39
5.14
5.25
11/1/66
Notes
1.015
J
11/16/66
11/1/67
11/17/67
11/24/67
/
dollars)
>f
50
5.60
5.54
4.1875
4.60
francs
German marks
\ Swiss francs
^Belgian francs
C Swiss
Notes
(In millions
5.75
5.09
60
March 1969
61
.UNITED STATES SAVINGS BONDS
Series E and H are the only savings bonds currently-
interest yields, maturities, and other terms appear in the
Series E has been on sale since May 1, 1941,
Treasury Bulletins of April 1951, May 1952, May 1957, October
being sold.
and Series H has been on sale since June 1, 1952.
Series
and December 1959, and May and October 1961; the Annual Report
1941.
of the Secretary of the Treasury fiscal year 1966 (pages 197
through April
and 258), and fiscal year 1967 (pages 179 and 181); and the
A-D were sold from March 1, 1935, through April 30,
Series F and G were sold from May
30, 1952.
1,
1941,
Series J and K were sold from May
April 30, 1957.
1,
1952, through
Treasury Bulletin of June 1968.
Details of the principal changes in issues,
Table
1.
-
Sales and
Redemptions by
Series,
Cumulative through February
(In millions of dollars)
28,
1969
Treasury Bulletin
62
UNITED STATES SAVINGS BONDS.
Table
3.
-
Sales and Redemptions by Periods, Series E through
K
.
. ...
:
March 1969
63
.UNITED STATES SAVINGS BONDS.
Table
3.
-
Sales and Redemptions by Periods, Series E through
K
-
(Continued)
(In millions of dollars)
Redemptions 1/
Sales plus
Sales 1/
Fiscal Ye
1941-59
1960...
1961...
1962
1963...
1964...
1965...
1966...
1967...
1968...
Accrued
discount
Sales
price
discount
3_/
92,734
3,603
3,689
3,674
3,914
4,136
4,112
4,246
4,599
4,466
13,766
1,194
1,254
1,331
1,386
1,458
1,502
1,542
1,619
1,731
106,499
4,797
4,943
5,005
5,300
5,594
5,614
5,787
6,217
6,196
68,459
5,181
4,394
4,343
4,203
4,363
4,538
4,801
4,895
5,154
62,381
4,295
3,673
3,613
3,461
3,609
3,705
3,904
3,982
4,178
94,450
3,632
3,711
3,624
4,185
4,132
4,092
4,450
4,574
4,452
14,352
1,224
1,293
1,372
1,404
1,491
1,514
1,580
1,680
1,757
108,803
4,856
5,003
4,996
5,589
5,623
5,606
6,031
6,255
6,209
71,054
4,729
4,249
4,349
4,229
4,425
4,650
4,913
4,941
5,300
64,539
3,935
3,546
3,595
3,495
3,646
3,787
3,997
4,022
4,283
395
375
365
414
343
137
144
140
132
156
519
452
460
453
364
370
364
364
343
September
October.
November
December
323
383
334
329
165
139
147
141
135
158
1969-January.
February.
373
. .
Calendar year s
1941-59
1960
1961
1962
1963
1964
1965
1966
1967
1968
Months
1968-February..
March
April
May
June
Accrued
discount 2/
721
731
742
754
833
897
913
976
6,515
794
703
754
733
780
863
916
919
1,017
:
July
August.
.
.
.
.
.
.
Fiscal years
1952-59...
1960
1961
1962
1963
1964
1965
1966
1967
1968
Calendar years
1952-59
1960
1961
1962
1963
1964
1965
1966
1967
1968
392
504
546
524
469
487
167
142
:
654
575
477
394
410
324
244
1968-February.
March
April
May
June
July
August.
September
October.
November.
December.
. .
.
1969-January.
February.
.
337
425
397
,519
704
775
747
604
521
431
404
373
360
337
344
295
704
123
96
Exchanges of
E bonds for
H bonds
219
191
206
188
212
216
196
278
212
199
208
198
190
224
207
191
Treasury Bulletin
64
UNITED STATES SAVINGS BONDS.
Table
4.
-
Redemptions of Matured and Unmatured Savings Bonds
(In milli
Total 1/
Fiscal year
1951-53..
195/.
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1963
Cale nd ar years
1951-53
1954
1955
1956
1957
1953
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
Months
Series E
and H
,867
.515
,251
,346
.953
,544
,249
,557
.319
.716
.273
,164
,346
,724
,922
,982
3,370
2,747
3,941
4,2o3
16,874
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
5,252
4,105
3,171
4,230
4,246
4,156
3,393
4,701
3,033
2,555
2,337
2,043
4.
U5
3,730
3,621
4.126
2,673
2,593
2,250
2,057
2,184
2,253
2,471
2,543
1,368
1,487
1,326
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
1,933
1,973
2,059
2,289
1,502 2/
1,260
V
2,11-5
2,345
2,144
1,824
1,625
1,322 6/
940 7/
925 8/
657 2/
304
246
280
412
260
:
5,441
6,000
5,793
6,133
2,171
2,148
2,472
2,386
2,652
2,550
1,500
2,047
1,891
2,084
1,691
2,433
1,944
1,633
1,656
1,617
1,889
1,932
2,030
2,041
2,443
:
1968-February.
March
April
May
June
529
537
523
522
500
250
272
190
July
August.
September
October.
November
December.
541
507
473
485
411
474
254
194
189
219
131
238
180
178
209
123
1969- January.
February.
618
560
172
143
157
131
.
279
261
218
242
174
258
248
231
227
1,555 i/
March 1969
65
UNITED STATES SAVINGS NOTES
Sales of United States savings notes began May
1,
1967.
The notes are eligible for purchase by individuals with the
simultaneous purchase of Series E savings bonds.
The principal terras and conditions for purchase
and
redemption and information on investment yields
of the savings
notes appear in the Treasury Bulletins of
March 1967 and June
1968.
Table
1.
-
Sales and
Redemptions by Periods
(In millions of dollars)
Treasury Bulletin
66
OWNERSHIP OF FEDERAL SECURITIES.
Table
1. -
Types of Issues
Distribution of Federal Securities by Classes of Investors and
(In millions of dollars)
Interest-bearing public debt
End of
fiscal year
or month
Total
Federal
securities outstanding
'1,
,.
'
374,443
U.S.
Government
Held by
private
investors
-ace ,'m* 5
6,162
5,873
7,264
7,416
8,020
161,818
159,246
154,911
150,320
159,670
52,367
51,343
51,323
51,840
52,148
53,697
54,037
53,440
56,363
3,090
3,299
3,759
3,906
4,356
4,161
4,476
3,935
3,178
6,770
6,477
7,927
8,123
8,632
9,335
13,377
18,455
24,399
607
604
663
707
611
469
468
2,010
3,001
12,909
16,445
21,398
151,273
153,389
159,204
71,818
73,354
72,879
73,113
75,719
76,136
13,869r
55,878
57,190
56,659
56,905
59,104
59,374
2,071
2,070
2,071
2,070
2,071
2,071
49,092
48,952
49,691
50,507
50,625
52,230
226,008
223,566
219,995
222,559
216,034
166,324r
170,228
167,811
164,074
166,592
159,670
55,578
55,780
55,756
55,921
55,966
56,363
3,447
3,242
3,337
3,370
3,392
3,178
21,665r
21,740
22,027
23,384
23,505
24,399
2,727r
2,707
2,757
3,039
3,084
3,001
18,938r
19,033
19,270
20,345
20,421
21,398
14,698
14,767
14,834
15,349
15,539
15,403
58,833
60,017
59,643
58,786
59,094
2,071
2,071
2,071
2,070
2,070
2,070
52,397
53, 044
53,279
53,329
53,350
52,937
219,942
221,309
221,766
224,522
223,940
225,645
163,882
165,355
165,443
167,974
166,764
168,472
56,059
55,954
56,323
56,548
57,176
57,173
3,138
3,148
3,150
3,138
2,968
2,879
24,474
25,843
20,055
20,347
20,267
15,064
3,063
3,632
3,067
3,035
3,075
2,845
21,412
22,210
16,988
17,312
17,192
12,219
355,149
75,602
76,856
76,548
76,205
76,604
76,567
59,707
2,071
52,127
228,119
170,865
57,254
15,031
2,8092/
12,222 2/
15,551
1,838
357,574
77,328
353,
'
,
61,069
64,314
71,807
76,136
14,094
14, 149
14,138
14,544
14,691
'58,995
Data were derived on basis of the unified budget concepts adopted
January 1968.
For content see "Debt Outstanding", Table 7.
Note:
standi
1/
203,640
204,732
210,527
214,291
213,966
212,943
208,949
203,760
216,034
347,940
351,209
351,593
354,056
1968-January
February
March.
April.
May..
June ..
3
!
interest
Held by
Total
26,523
27,253
29,663
32,027
34,794
39,100
42,169
46,719
52,230
375,553
380,200
374,798
377,541
377,130
373,092
344,676
306,128
313,983
320, 344
326,609
Nonmarketable
2,188
2,187
2,182
2,177
2,174
2,171
2,070
2,071
2,071
342,812
348,314
346,136
343,615
348,902
344,401
333,
US
Public
marketable
Matured
public
debt
and debt
bearing
44,840
44,993
44,865
44,429
46,546
48,549
50,196
56,103
59,374
367,924r
373,296
371,499
370,368
375,798
371,978
1966
1967
1968
295,
Held by private investors
Public
issues
held by
Federal
Reserve
banks
6,050
6,507
7,205
9,030
9,876
10,348
12,048
13,633
14,691
53,078
53,687
54,252
55,636
293,100
1/
Public
marketable
Total
outstandi
283,241
285,672
294,442
301,954
307,357
313,113
315,431
322,286
344,401
1960.
1961.
1962,
1963.
1964,
1965
July..
August
Sept .
October
Nov
Dec
eld by U.S. Government accounts
1,'-
.
2/
r
i",'. .''
1
',-'.
Agency securities in the amount of $51 million, reported as held
by private investors, will be reflected as held by U.S. Government
accounts in the February reporting.
Revised.
4
2
March 1969
4
4
4
67
Table
— OWNERSHIP OF FEDERAL SECURITIES
2.
Estimated Ownership
of Public
Debt Securities by Private Investors
(Par values 1/ in billions of dollars)
Nonbank investo
Total
privately
held
cial
banks
Individuals
3_/
Mutual
Savings bonds
2/
E and H
Other
series
Other
securities
Insurance
companies
sav-
Corporations jj
State
and
local
Foreign
and international
5/
1.9
7.5
231.6
208.3
93.8
74.5
137.9
133.8
63.9
64.1
30.8
30.3
12.5
13.9
20.6
24.4
24.9
11.2
11.8
19.9
15.3
204.6
199.9
65.6
61.8
139.0
138.0
67.4
66.3
34.5
34-5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18.
19.7
8.7
8.8
3.5
4.3
194.3
196.3
58.4
61.5
136.0
134.8
65.4
64.6
34-5
34.7
14.6
14.4
16.3
15.5
17.1
10.2
9.8
20.1
20.7
9.4
9.6
4.2
4.3
194-8
199.8
61.1
63.4
133.7
136.4
64.8
65.2
34.9
35.3
14.1
13.8
15.7
16.0
15.7
16.0
9.6
9.5
18.8
19.9
10.4
4.7
5.3
58.8
137.9
140.2
66.1
64.8
36.0
36.7
13.2
63.7
12.7
16.8
15.4
16.0
15.9
9.5
9.2
18.6
21.5
12.0
12.7
5.7
5.9
199.9
207.1
63.6
69.1
136.3
138.0
64.8
63.5
37.5
38.2
12.1
11.7
15.2
13.6
15.4
15.3
9.1
8.8
I6.5
19.1
13.9
14.4
6.0
6.3
203.0
207.0
63.5
62.0
139.5
145.0
65.2
65.0
39.3
40.1
10.9
10.2
15.0
14.8
15.0
14.6
8.7
8.5
18.6
23.2
14-7
15.4
198.5
200.5
57.3
59.5
141.2
141.0
66.6
65.9
9.4
8.7
13.6
13.2
8.3
41.4
16.3
15.8
8.0
17.3
18.7
16.1
16.3
194.6
56.2
59.5
138.5
138.4
66.3
64.9
41.5
41.6
7.6
6.6
17.2
16.7
12.7
12.5
7.9
7.6
16.1
17.7
197.8
204.5
65.2
67.5
132.5
137.0
64.4
63.7
42.1
42.5
5.9
5.2
16.
206.4
212.7
61.5
60.3
144.8
152.5
66.3
206.7
210.0
55.3
62.1
151.4
148.0
69.7
66.1
42-5
42.9
145.5
147.7
64.6
65-9
43.6
44-2
65.7
66.0
197.
I
7.3
6.9
19.8
21.4
16.9
18.0
10.1
12.0
3.1
2.7
24.1
20.5
12.0
11.8
6.6
6.2
19.5
18.7
18.8
18.7
12.3
13.0
2.5
2.2
18.6
19.5
11.4
11.3
6.3
6.1
18.5
18.5
19.3
19.0
12.7
13.4
11.3
11.5
6.2
6.0
18.2
18.6
44.6
45.1
2.1
1.9
18.9
19.1
218.2
220.5
64.3
64.2
153.9
156.3
46.0
46.7
1.6
1.5
18.5
20.0
218.3
222.5
60.2
63.9
158.2
158.6
47.3
47.9
1.3
1.2
48.3
48.8
7.6
7.6
16.3
16.5
12.6
12.5
149.2
152.3
70.9
72.1
11.1
19.3
23.5
65.1
67.1
158.9
159.8
7.4
7.2
16.0
42.4
214-3
219.5
217.1
220.5
16.
14.1
15.3
6.0
5.6
20.2
20.7
10.9
10.9
5.8
5.5
21.5
22.4
10.1
10.8
5.6
5.3
22.5
21.1
15.6
16.7
15.3
15.8
24.1
22.9
15.7
16.7
213.4
219.2
54-8
57.4
158.7
161.8
73.1
74.6
49.2
49.8
23.2
24-4
9.6r
9.5r
5.0
4.6
14.2
14-9
24.5
24.8
15.4
14.5
220.6
219.7
219.3
215.8
214-6
207.7
212.1
215.5
215.8
220.3
223.0
222.4
57.7
57.3
58.0
57.2
56.4
55.5
58.3
162.9
162.4
161.3
158.6
158.2
152.2
153.8
155.3
154.7
156.8
159.6
158.7
74.9
74.6
74.0
72.7
71.9
70.9
70.8
71.4
72.5
73.2
73-9
74.0
49.8
50.0
50.1
50.2
50.3
50.4
50.5
50.6
50.6
50.7
50.8
50.9
24.6
24.2
23.6
22.2
21.2
20.3
20.0
20.6
21.6
22.2
22.8
22.9
9.4
9.2
9.1
4-5
4.5
4.4
4.3
4-2
4-1
4.1
4.1
4.2
4.0
4-1
4-1
14.7
14.7
14.1
12.9
13.6
11.1
11.9
12.4
10.7
11.6
13.0
12.2
24.7
24.9
25.0
25.1
25.0
24.9
24.6
25.0
24.8
24.5
24.4
25.1
14.0
14.1
14.5
15.0
15.0
14.7
14.4
14-3
14.7
14.8
16.2
15.8
162. 5
50.9
51.0
51.0
51.0
51-1
51.1
51.1
51.2
51.2
51.3
51.4
51.4
23.4
24.0
24.0
24.0
24.1
23.0
23.4
23.6
23.9
23.6
23.3
23.7
4.0
13.4
14.8
14.0
14.8
14-6
25.6
26.4
27.1
26.9
26.8
26.6
26.7
26.9
26.7
26.8
26.7
27.1
15.4
15.2
14.7
14.7
14.0
12.9
13.1
13.3
13.4
13.8
15.0
14.3
51.4
16.6
28.0
12.0
225.3
229.2
226.9
223-4
226.0
219.2
223.1
224 5
224 9
227 7
60.2
61.1
63.5
63.4
63.8
159.4
161.9
226 9
228 5
62.8
63.7
62.0
59.8
60.8
59.8
61.2
62.1
63.5
65.3
63.9
65.5
161.4
162.3
163.0
163.0
74-5
75.2
75.2
75.2
75.4
74.2
74.7
74-9
75-2
75.0
74.7
75.3
230.0
64,2
165.7
75.9
165.5
164.9
163.5
165.
162.
Source:
Office of Debt Analysis, in the Office of the Secretary.
1/ United States savings bonds, Series A-F and J, are included at current redemption value.
2/ Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments.
J/ Includes partnerships and personal trust accounts.
24.4
1
4.1
4.1
4.0
4.0
3.9
3.9
3.8
3.8
3.6
3.6
3.6
7.9
3.6
14-1
13.6
15.6
13.0
14.3
14.5
12.9
Exclusive of banks and insurance companies.
Consists of the investments of foreign balances and international
accounts in the United States.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also included are certain government deposit accounts and government-sponsored
agencies.
Preliminary.
Revised.
r
Treasury Bulletin
68
TREASURY SURVEY OF OWNERSHIP, JANUARY
The monthly Treasury Survey of Ownership covers securities
issued by the United States Government, Federal agencies, Fed-
erally-sponsored agencies, and the District of Columbia.
The
31,
1969.
ury Bulletin, for corporations and savings and loan associations in the September I960 Bulletin, and for State and local
governments in the February 1962 Bulletin.
banks and insurance companies included in the Survey currently
account for about 90 percent of all such securities held by
Holdings by commercial banks distributed according to
The similar proportion for corporations
Federal Reserve member bank classes and nonmember banks are
these institutions.
and for savings and loan associations is 50 percent, and for
State and local governments, 70 percent.
Data were first pub-
lished for banks and insurance companies in the May
Table
1.
194-1
-
Treas-
Summary
published for June 30 and December 31.
Holdings by corporate
pension trust funds are published quarterly, first appearing in
the March 1954 Bulletin.
of Federal Securities
:
March 1969
69
.TREASURY SURVEY OF OWNERSHIP, JANUARY
Table
2.
-
31, 1969,
Interest-Bearing Marketable Public Debt
Securities
by Type and Maturity Distribution
illions of dollars)
Held by investors covered in Treasury
Survey
Classification
By type security
Issued by U.S. Government
Treasury bills
Treasury notes
Treasury bonds
Total
amount
outstanding 1/
U.S. Government accounts and
Federal
Reserve
banks
5,822
commercial
banks
2/
19,059
32,787
15,831
8,003
19,170
24,584
Insurance corapanie
499
mutual
savings
banks
2/
293
life
State and local
governments
..''•
462 fire
casualty
and
marine
187
per i n
and retirement
funds
::
Held by
all
other
investors 2/
:
76,779
76,487
85,278
Total
426
1,208
1,957
271
148
3,254
233
805
2,139
765
1,642
2,480
3,585
1,252
2,081
4,455
1,736
67,678
By maturity distribution
Call classes (due or firsl
becoming callable):
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over
354
128
4,076
39,628
17,611
25,638
51,264
16,760
8,222
1,192
1,490
3,945
9,430
:
Total
Maturity classes (final
Maturity)
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over
Total
Footnotes at end of Table 6.
119,681
58,957
37,909
4,507
5,173
12,317
31,458
16,163
14,568
1,450
1,377
2,662
21,637
19,092
10,163
320
233
312
1,019
774
139
164
630
495
185
433
512
373
1,675
238,543
67,678
51,757
3,591
3,673
782
1,102
713
I64
61
769
325
355
191
719
225
110,377
68,260
35,129
6,071
2,323
16,382
30,211
17,410
13,950
1,642
620
3,845
17,585
23,144
9,951
450
238,543
67,678
51,757
153
475
5,333
983
581
5,730
1,816
173
1,485
1,529
1,152
160
287
275
811
319
140
612
515
222
606
311
879
2,026
3,177
4,887
6,918
9,430
..,:"'
1,316
1,697
1,074
210
136
453
4,996
1,320
580
5,499
2,048
603
456
1,857
574
1,513
547
119
54
370
426
312
215
547
236
2,823
48,663
19,359
7,305
1,752
713
3,673
3,177
U,
4,559
82,873
1,188
599
93
226
12;
.
-::
Treasury Bulletin
70
.TREASURY SURVEY OF OWNERSHIP, JANUARY
Table
3.
-
31, 1969.
Interest-Bearing Marketable Public Debt Securities by Issue
illions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/
Treasury bills
Regular weekly and annual
maturing:
Feb. 1969-Apr. 1969
May 1969- July 1969
Aug. 1969
Sept. 1969
Oct. 1969
Nov. 1969
Dec. 1969
Jan. 1970
State and loc
governments
Insurance compan
U.S. Govern
ment accounts and
Federal
Reserve
banks
banks
2/
462 fire,
casualty,
and
marine
savings
banks
2/
187
316
pension
general and
refunds
tirement
funds
:
36,952
21,528
1,506
1,501
1,502
1,001
999
1,000
10,424
2,015
2,003
109
245
255
5,787
460
539
500
253
197
290
2,420
2,791
167
137
169
43
156
142
305
302
31
261
149
73
537
837
64
72
84
2,192
1,452
313
34
17
136
69
Tax anticipation:
Mar. 1969
Apr. 1969
June 1969
224
144
I*
5-5/8
6
5-5/8
5
5-3/8
5-1/4
5-3/8
4-3/4
4-3/4
5-5/8
5-3/4
5-3/4
6
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1969- A.
Aug.
1969-C
May
1970-B..
1970-A.
1971-C.
1971-A..
1971-B.
197 2- A.
1972-B.
1974-B.
1974-A..
197 5-A..
197 5-B.
1969- EA.
1969- E0.
1970- EA.
1970- E0.
1971- EA.
1971- E0.
197 2- EA.
1972-E0.
1973-EA.
1973- EO.
May
Nov.
Feb.
May
Aug.
Nov.
Feb.
May
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
377
4,455
:
Feb.
Nov.
Feb.
451
340
977
765
426
Total Treasury bills
Treasury notes
38
,349
10,738
4,277
3,366
7,794
7,675
2,509
4,265
1,734
2,006
5,310
10,284
3,980
5,148
6,760
7,594
423
135
5,439
1,554
210
1,853
zu,
373
2,864
4,939
1,339
1,462
4,385
1,093
1,760
1,289
980
2,454
1,068
939
589
831
1,219
2,631
1,151
1,851
1,051
24
42
175
168
64
57
64
65
45
245
122
103
77
64
162
103
60
36
105
138
246
69
215
118
215
87
201
199
142
180
298
60
79
47
122
63
120
58
95
53
42
113
35
72
34
33
34
51
Total Treasury notes.
Treasury bonds
June
Dec.
2-1/2
Mar.
2-1/2
Mar.
2-1/2
2-1/2
June
Sept
2-1/2
2-1/2
Dec
3-7/8
Feb
Oct
Feb
Aug
Aug
1964-69.
1964-69.
1965-70.
1966-71.
1967-72.
1967-72.
1967-72.
1969....
1969....
1970
1970
1971
v
1971.....
N
Feb
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
Aug
Aug
Nov
1972
1972
1973
1973
Feb.
1974.
May
Nov.
1974
1974
May
June
1975-85.
1978-83.
.
Footnotes at end of Table
.
6.
,246
,952
,601
,728
,243
,381
,129
,806
,760
,344
,579
,894
,350
,129
,587
,241
,a5
,565
393
517
656
198
117
73
204
1,381
708
368
442
596
457
271
525
552
442
556
585
685
426
192
1,295
1,136
965
604
461
1,153
870
946
1,986
1,928
1,536
1,091
1,173
942
928
1,453
1,774
1,329
1,375
562
82
129
49
43
59
47
31
93
94
29
119
100
102
78
41
94
112
85
103
26
36
25
31
34
30
26
35
207
(Continued on following page)
166
147
125
29
33
16
12
31
43
66
60
128
92
110
73
86
109
107
143
176
135
142
90
270
230
31
147
67
71
320
171
83
21
113
50
29
128
53
66
105
14
141
102
345
159
99
81
127
61
95
155
189
65
84
110
40
14
37
38
39
65
45
155
235
Held by
March 1969
.TREASURY SURVEY OF OWNERSHIP, JANUARY
Table
3.
-
31, 1969.
Interest -Bearing Marketable Public Debt Securities by Issue
-
(Continued)
millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/
Treasury bonds
Feb.
IS
3-1/2 Nov.
3-lA May
4-1/4 Aug.
4
Feb.
4-1/8
3-1/2
May
3
3-1/2
Feb.
Feb.
Nov.
-
(Continued )
1980
1980
1985
1987-92...
1988-93...
1989-94...
1990
1995
1998
1,907
1,108
3,816
249
1,559
4,872
1,586
4,301
Total Treasury bonds
85,278
U.S. Government accounts and
Federal
Reserve
banks
752
698
194
1,115
69
498
1,125
152
887
Insurance companies
5,822
commercial
banks
2/
170
150
State and lo
governments
499
mutual
savings
banks
2/
293
life
211
146
366
191
151
31
100
802
23
58
734
462 fire,
casualty,
and
marine
187
316
pension
general
and refund;
tirement
funds
57
36
-'
194
22
69
108
169
3
96
54
39
15,831
Total marketable public
debt securities
Footnotes at end of Table
222
90
877
314
356
1,045
506
710
300
1,122
1,144
1,379
90
3
39
Held by
all
other
investors 2/
25,638
82,873
6.
Table
4.
-
Interest-Bearing Nonmarketable Public Debt Securities by Type
Treasury Bulletin
72
.TREASURY SURVEY OF OWNERSHIP, JANUARY 31, 1969.
Securities Issued by Government Agencies
Table 5.
-
March 1969
.TREASURY SURVEY OF OWNERSHIP, JANUARY
Table
6.
-
31, 1969
(Memorandum) Securities Issued by Government-Sponsored Agencies
and the District of Columbia
-
(Continued)
Treasury Bulletin
.MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY
Current market quotations shown here are over-thecounter closing bid quotations in the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
Table
Amount ou
(mill
1. -
28, 1969.
The securities listed include all regularly quoted public
marketable securities issued by the United States Treasury. Securities issued by Federal agencies and guaranteed
by the United States Government are excluded.
Treasury Bills
March 1969
MARKET QUOTATIONS ON TREASURY
Table
3.
-
75
SECURITIES, FEBRUARY
Treasury Bonds
(Price decimals are 32nds)
28,
1969.
Treasury Bulletin
76
.MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY
28, 1969.
a
s
March 1969
77
AVERAGE YIELDS OF LONG -TERM BONDS.
Table
1.
-
Average Yields of Treasury and Corporate Bonds
by Periods
(Percent per annum)
Treasury
bonds 1/
Moody's Aaa
corporate
bonds
Moody's Aaa
corporate
bonds
Treasury
bonds 1/
Moody's Aaa
corporate
bonds
Treasury
bonds 1/
Annual series - calendar year averages of monthly
1956
1957
2.32
2.57
3.20
2.90
3.06
:
h
3.36
3.89
3.79
4.38
4.41
4.35
4.33
3.47
3.43
4. 08
4.02
3.90
3.95
L95S
1959
,d
1 >6l
1962
Monthly serie
L968,
5.26
1
3
"...
165,
!
L966,
:
4.40
4.49
5.13
5.51
6.17
averages of dally
Moody s
Aaa
corporate
bonds
Moody
*
Treasury
bonds 1/
167,
4.00
4.15
4.21
4.65
4.85
191
Treasury
bonds 1/
Treasury
bonds 1/
1960
'
Aaa
corporate
bonds
Treasury
bonds 1/
1964
corporate
bonds
Treasury
bonds 1/
1966
3.24 2/
3.28
3.25
3.12
3.14
3.20
3.60
3.59
3.63
3.60
3.57
3.57
4.37
4.22
4.08
4.18 2/
4.16
3.98
4.61
4.56
4.49
4.45
4-46
4.45
4.08
4.09
4.01
3.89
3.88
3.90
4.42
4.42
4.39
4.33
4.28
4.15
4.14
4.18
4.20
4.16
4-13
4.37
4.36
4.38
4.40
4.41
4.41
4.43
4.61
4.63
4.55
4.57
4.63
4.74
4.78
4.92
4.96
4.98
5.07
1968
5.18
5.16
5.39
5.28
5.40
5.23 2/
3.36
3.60
3.75
3.76
3.70
3.80
3.67
3.85
4.09
4.11
4.09
3.86
3.79
3.84 2/
3.91
3.93
3.88
4.
4.02 2/
3.98
3.94
3.89
3.87
3.87
4.34
4.35
4.32
4.28
4-25
4.24
4.13
4.14
4.16
4.16
4-12 2/
4.14
4.40
4.41
4.42
4.42
4-43
4.44
4.75
4.28
4.25
4.30
4.31
4.35
4.74
4-65
5.16
5.31
5.49
5.41
5.35
5.39
5.09
5.04
5.09
5.24
5.36
5.66
3.91 2/
3.92
3.92
4.01
4.08
4.09
4.12
4.14
4.13
4.23
4-37
4.46
3.89
3.81
3.78
3.80
3.73
3.88
4.32
4.27
4.22
4.25
4.27
4.33
1963
3.89 2/
3.92
3.93
3.97 2/
3.97
4.00
4.21
4.19
4.19
4.21
4.22
4.23
4.14
4.16
4.15
4.15
4.40
4.47
4.45
5.20
5.03
5.13
4.11
4.10
4.26
4.11 2/
4.12
4.47
4.43
4.52
4-57
4.56
3.90
4.00
4.02
3.98
3.98
4.06
4.41
4.45
4.45
4.42
4.39
4.42
4.01
3.99
4.04
4.07
4.11
4.14
4.26
4-29
4.31
4.32
4.33
4.35
4.15
4.19
4.25
4.28
4.34
4.43
.
1959
Treasury
bonds 1/
Moody s A
corporate
bonds
1965
'
Treasury
bonds 1/
4.H 2/
4.14
'
6.24
6.02
5.97
6.09
6.19
6.45
1969
4.43
4.41
4.42
4-43
4.44
4.46
4.48
4.49
4.52
4.56
4.60
Moody s Aaa
corporate
bonds
6.17
6.10
6.11
6.21
6.27
6.28
6.59
6.66
5.11
5.24
5.44
4.95
4-99
5.19
5.44
5.36
5.58
5.62
5.65
5.82
6.07
6.19
Treasury
bonds 1/
Moody's Aaa
corporate
bonds
Treasury Bulletin
78
.AVERAGE YIELDS OF LONG -TERM BONDS
7
CO
o
<
oc
o
o.
QC
O
o
>oc
co^
<
QC
LU
I—
i
CD
O
__i
LL.
o
CO
CD
<
cc
LU
>
<
£
^
.
..
March 1969
79
.INTERNATIONAL FINANCIAL STATISTICS.
The tables in this section are designed to provide data
of the liabilities which enter into the United States balance
on United States reserve assets and liabilities and other
of payments calculated on the liquidity basis.
statistics related to the United States balance of payments and
of the United States reserve position in the International
international financial position.
A number of changes were
Monetary Fund in Table
1
The inclusion
requires that the "holdings of
introduced in the May 1967 Bulletin to increase the usefulness
dollars" of the Fund be excluded from the data on liabilities
of this section.
to foreigners, in order
Table 1 shows the reserve assets of the United States,
including its gold stock, holdings of convertible foreign
In accordance with Fund policies the United States has
avoid double counting.
For further
see headnote to "Capital Movements" section.
currencies, and reserve position in the International Monetary
Fund.
tc3
explanation of this exclusion from the liabilities statistics,
Table 3 presents an area breakdown of United States liquid
liabilities to official institutions of foreign countries.
the right to draw foreign currencies equivalent to its reserve
position virtually automatically if needed.
Table 4 shows United States Treasury nonmarkeLable bonds
(Under appropriate
conditions the United States could draw additional amounts
equal to the United States quota of $5,160 million.)
and notes issued to official institutions of foreign countries.
Table
This
presentation corresponds to the treatment of United States
monetary reserves in the United States balance of payments
accounts.
5
sets forth the factors which affect the United
States position in the International Monetary Fund.
Table 6 presents United States net monetary gold transactions with foreign countries and international and regional
Table 2 brings together the various statistical components
Table
1.
-
organizations.
U.S. Reserve Assets:
Gold Stock, Holdings of Convertible Foreign Currencies,
and Reserve Position in the International Monetary Fund
of dollars)
Gold stock 1/
End of
calendar year
1957.
1958.
1959.
I960.
1961.
1962.
1963.
1964.
1965.
1966.
1967.
1968.
Total
reserve
assets
Convertible
foreign
currencies
Total
y
2/
position in
International
Monetary Fund
u
24,832
22,540
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
15,710
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806 i/
13,235
12,065
10,892
22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733 i/
13,159
11,982
10,367
116
99
212
432
781
1,321
2,345
3,528
14,790
13,926
13,840
14,348
14,063
11,900
10,703
10,547
10,468
10,681
11,882
10,484
10,484
10,384
10,367
2,235
2,746
2,804
3,386
2,479
655
477
489
494
903
October
November.
December.
14,366
14,427
14,634
14,427
15,660
15,710
10,676
10,681
10,755
10,788
10,897
10,892
10,367
10,367
10,367
10,367
10,367
10,367
2,773
2,817
2,953
2,703
3,655
3,528
917
929
926
936
1,108
1,290
1969-January.
February.
15,454
15,499
10,828
10,801
10,367
10,367
3,338
3,399
1,288
1,299
1968-February.
March.
April. ..
May
June
.
.
.
July.
August.
.
.
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the International Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose of making gold subscriptions to the
Fund under quota increases. For corresponding liabilities see Table 2.
Includes gold in Exchange Stabilization Fund, which is not included in
Treasury gold figures shown in daily Treasury statement. See "Account
of the Treasurer of the United States," Table 4.
Includes holdings of Treasury and Federal Reserve System.
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 i/
326
420
1,290
In accordance with Fund policies the United States has the right to
draw foreign currencies equivalent to its reserve position in the
Fund virtually automatically if needed. Under appropriate conditions
the United States could draw additional amounts equal to the United
States quota. See Table 5.
Reserve position includes, and gold stock excludes, $259 million gold
subscription to the Fund in June 1965 for a U.S. quota increase which
In figures published by the
became effective on February 23, 1966.
Fund from June 1965 through January 1966, this gold subscription was
included in the U.S. gold stock and excluded from the reserve position.
Treasury Bulletin
80
INTERNATIONAL FINANCIAL STATISTICS.
Table
2.
-
U.S. Liquid Liabilities to Foreigners
(In millions of dollars)
Total
liquid
Liabilities to International
Monetary Fund arising from
gold transactions
Market
able
End of
calendar year
or month
Gold
deposit
foreigners
,825 7/
,845 7/
,428
,994
,027
1957....
1958....
1959....
1960 8/.
1961
1962
1963
1964
,361
,322
.
by
banks in
Gov't
bonds
and
notes
U.S.
u
10,120
11,078
11,088
7,917
8,665
9,154
10,212
10,212
800
800
11,830
11,830
10,940
10,940
800
800
12,748
12,714
11,997
11,963
200
200
500
200
200
500
800
800
800
800
,951
,002
.
U.S.
1/
800
800
.
Gold
investported
,853
,936
.
Liabiliti
1,011
1,011
211
211
751
751
1968- January.
February.
March.
April ....
May
June
.
.
July
August
September.
October.
November.
December p.
.
.
.
1/
2/
2,161
2,195
1,250
1,284
351
341
1,960
1,965
1,152
1,157
904
904
8,863
8,863
11,478
800
15,653
15,646r
14,034r
14,027r
15,206r
15,326r
13,778r
13,963r
12,915r
13,008r
12,242r
10,728r
ll,234r
ll,151r
10,766r
10,840
12,396
11,320
271r
133r
1,033
1,033
233
233
33,113r
33,316r
32,491r
32,992r
33,144r
32,555r
1,033
1,033
1,041
1,045
1,047
1,030
233
233
241
245
247
230
800
800
800
33,123r
33,583r
33,559r
33,974
35,623
33,855
1,030
1,030
1,030
1,030
1,030
1,030
230
230
230
230
230
230
800
800
H,027r
14,368
13,599
12,085r
12,592r
12,422r
12,048:
12,122
13,676
12,539
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 to statistics following in this section and in the
"Capital Movements" section, except for minor rounding differences.
Table excludes International Monetary Fund "holdings of dollars," and
holdings of U.S. Treasury letters of credit and nonnegotiable, noninterest-bearing special U.S. notes held by other international and
regional organizations. The liabilities figures are used by the
Department of Commerce in the statistics measuring the balance of
international payments of the United States on the liquidity basis;
however, the balance-of-payments statistics include certain adjustments
to Treasury data prior to 1963 and some rounding differences, and may
differ because of varying timing in incorporating revisions of Treasury data. The table does not include certain nonliquid liabilities to
foreign official institutions which enter into the calculation of the
official reserve transactions balance by the Department of Commerce.
Represents liability on gold deposited by the International Monetary
Fund to mitigate the impact on the U.S. gold stock of foreign purchases
for the purpose of making gold subscriptions to the Fund under quota
increases.
U.S. Government obligations at cost value and funds awaiting investment obtained from proceeds of sales of gold by the International
Monetary Fund to the United States to acquire income-earning assets.
Upon termination of investment, the same quantity of gold can be
reacquired by the International Monetary Fund.
2/
ij
j>/
6/
7/
8/
a.
p
376
376
1,722
1,722
472
1,431
906
905
14,387
14,208
13,859
13,680
528
528
15,894
15,768r
15,336
15,210r
558
558
911
911
580
325
325
487
482
204
204
581
19,518
18,909
768
726
711
711
15,894
15,768r
15,336
15,210r
558
558
691
487
482
204
204
717
652
549
549
546
546
711
711
811
811
811
811
16,182r
16,321r
16,410r
16,746r
17,866r
18,755r
15,6l2r
15,728r
15,806r
16,134r
17,256r
18,142r
570
593
692r
636
604
612
610
613
765:
488r
431
560r
628r
465r
519r
204
205
205
205
167
166
546
509
520
520
518
518
812
762
762
762
762
701
18,726r
19,359r
19,775r
20,029
20,111
19,518
18,099r
18,723r
19,149r
19,409
19,487
18,909
626
620
624
609
6l5r
612r
630
725
738
726
160
160
76
518
14,275:
1,245
1,245
448
448
10,625
233
233
660
775
791
7,911
7,911
9,214
9,204
1,033
1,033
750
750
8,359
8,359
11,001
11,056
711
711
1,190
1,525
1,541
703
704
703
703
908
908
541
543
550
1,948
1,949
1,079
1,079
14,034r
u
542
552
530
516
516
1,125
1,125
15,653r
15,646r
banks in
U.S. 6/
Gov't
bonds
and
notes
7,8a
1,217
1,183
256
256
by
7,759
13,224
13,220
860
860
U.S.
8,275
8,357
12,467
12,467
800
1967-December
5,724
5,950
7,077
7,048
7,048
15,428
15,424
12,484
12,539
able
liabilities
reported
u
14,387
14,353
13,600
13,655
terra
banks in
800
800
800
800
Short-
U.S.
U.S.
by
Liabilities to
international and
organizations $j
Marketable
Gov't
bonds
and
notes
800
800
271r
133r
1968p
Shortterm
liabilities
reported
7,618
7,591
7,598
1,105
,904
,779
.
1967 8/
Note:
Non
marketable
convertible U.S.
Treasury
bonds
and
notes
966
866
876
1965.
1966
nd other foreigners
Official instituti
833:
632r
685r
77 5r
772r
706
793
806
768
Includes Bank for International Settlements and European Fund.
Derived by applying reported transactions to benchmark data; breakdown
of transactions by type of holder estimated 1960-1963.
Includes
securities issued by corporations and other agencies of the United
States Government, which are guaranteed by the United States.
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank.
Includes difference between cost value and face value of securities in
IMF gold investment account.
Liabilities data reported to the Treasury
include the face value of these securities, but in this table the cost
value of the securities is included under "Gold investment. " The
difference, which amounted to $34 million as of the end of 1968, is
included in this column.
Includes total foreign holdings of U.S. Government bonds and notes, for
which breakdown by type of holder is not available.
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in coverage to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date,
Not available,
r
Revised.
Preliminary.
..
March 1969
81
INTERNATIONAL FINANCIAL STATISTICS
Table
3.
-
U.S. Liquid Liabilities to Official Institutions of Foreign Countries, by Area
1
(In millions of dollars)
End of
calendar year
or month
Total
foreign
countries
H.353
1963
1964
1965
15,424
Western
Europe
Latin
American
Republics
2/
8,445
9,220
.15,372
1,528
1,058
1,238
1,497
Other
countries
2/
2,731
3.020
3,300
154
160
194
176
178
245
277
277
249
259
228
228
253
'
13,600
V
1966
1968p
12,539
1967-December.
15,646r
1968-January. .
February.
March
April
May
June
15,206r
15,326r
14,275r
14,368r
13,599r
12,085r
July
12,592r
12,422r
12,048r
12,122
13,676
12,539
August.
September.
October.
November.
December p
.
.
.
1/
1,189
1,189
13,655
{15,646r
1967
533
9,373
9,179
8,881
8,624
7,908
7,034
6,951
6,843
1,134
1,134
1,131
1,354
3,284
3,339
3,H5r
3,168
1,131
3,145r
1,091
1,403
851
1,040
1,035
671
1,210
1,170
1,174
1,371
1,380
1,197
3,056r
3,086r
2,927r
2,857r
2,790r
2,734r
229
272
230
247
251
259
247
216
212
229
235
709
780
438
416
574
1,528
1,432
1,196
1,262
1,357
1,354
2,843r
2,926r
2,959r
3,116
3,160
3,168
284
185
242
293
271
271
259
204r
533
Data represent short-term liabilities to the official institutions of
foreign countries, as reported by banks in the United States, and foreign
official holdings of marketable and convertible nonmarketable U. S.
Government securities with an original maturity of more than one year.
Includes Bank for International Settlements and European Pond.
Inoludes countries in Oceania and Eastern Europe, and Western European
253
190
21 lr
214
228r
227
dependencies in Latin America.
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable
in coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
Preliminary.
r Revised.
4. - Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions of Foreign Countries
Table
227
996
Treasury Bulletin
82
INTERNATIONAL FINANCIAL STATISTICS.
Table
5.
-
U.S. Position in the International Monetary Fund
(In millions of dollars
Transactions affecting IMF holdings
during period
of
subscriptions in
dollars
2,063
1946-57
1958
1959
I960
1961
1962
1963
1964
1965
1966
1967
1968
Transactions
Payments
sales
by IMF
1/
594
foreign
currencies 2/
Drawings
of
dollars
V
-2,664
-252
-139
-149
-822
-110
-194
-282
-282
-159
1,031
525
435
1968- February.
March.
April ....
May
June
.
.
775
17
1,336
442
-135
626
5a
719
207
29
266
165
1,313
-216
-23
-214
178
-H
-409
-14
-12
.
3
-10
-172
-182
The initial U.S. quota in the International Monetary Fund was $2,750
million. The U.S. quota was increased to $4,125 million in 1959, and to
$5,160 million in February 1966. Under the Articles of Agreement,
subscription payments equal to the quota have been made 25 percent in
gold and 75 percent in dollars.
Represents net Fund sales of gold to acquire U.S. dollars for use in
Fund operations. Does not include transactions in gold relating to
gold deposit or gold investment ( see Table 2)
Positive figures represent purchases from the Fund of currencies of other
members for equivalent amounts of dollars; negative figures represent
repurchases of dollars, including dollars derived from charges on drawings and from other net dollar income of the Fund. The United States has
a commitment to repay drawings within 3-5 years, but only to the extent
that the Fund's holdings of dollars exceed 75 percent of the U.S. quota.
Drawings of dollars by other countries reduce the U.S. commitment to
Note:
2/
827
271
442
580
200
-125
-159
2/
4/
J/
S.
quota
-84
-18
-11
U.
position
in IMF
at end of
period
2/
dollars
-94
-870
1969- January.
February.
1/
ments
Total
change
-114
-806
.
July
August.
September
October.
November
December.
IMF holdings
of dollars at
end of period
dolla
Transactions by
other countries
with IMF
U.S. transactions with IMF
Calendar year
or month
of.
775
792
2,128
2,570
2,435
3,061
3,090
3,356
3,521
4,834
4,740
3,870
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
4,505
4,683
4,671
4,666
4,257
655
477
489
494
903
4,243
4,231
4,234
4,224
4,052
3,870
917
929
926
936
1,108
1,290
3,872
3,861
1,288
1,299
863
V
326
420
1,290
repay by an equivalent amount.
Represents the United States gold tranche position in the Fund (the
United States quota minus the Fund's holdings of dollars), which is
the amount that the United States could draw in foreign currencies
virtually automatically if needed. Under appropriate conditions, the
United States could draw additional amounts equal to the United States
quota.
Represents $600 million IMF gold sale to United States (1957), less
$6 million gold purchase by IMF from another member with U.S. dollars
(1948).
Includes $259 million gold subscription to the Fund in June 1965 for
a U.S. quota increase which became effective on February 23, 1966.
In figures published by the Fund from June 1965 through January 1966,
this gold subscription was included in the U.S. gold stock and
excluded from the reserve position.
March 1969
83
INTERNATIONAL FINANCIAL STATISTICS
Table
6.
-
U.S. Net
Monetary Gold Transactions
with Foreign Countries and International and Regional Organizations
(in millions of dollars at $35 per fine troy ounce; nega
epresent
by the United States;
figures
Treasury Bulletin
84
.CAPITAL
MOVEMENTS.
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
pursuant to Executive Order 656O of January 15, 1934, Executive Order 10033 of February 8, 1949, and Treasury regulations
Information on the principal types of
promulgated thereunder.
data and the principal countries is published monthly in the
Reports
are filed with the Federal ReBulletin."
"Treasury
serve Banks by banks, bankers, securities brokers and dealers,
These statisand nonbanking concerns in the United States.
tics are then consolidated, and are published by the Treasury
as promptly as possible.
The reporting forms and instructions used in the collection of the statistics have been revised a number of times.
The most recent general revision became effective with reports
covering data as of May 31, 1963.1/ A detailed description
of the content of the statistics, including the changes instituted in 1963, appeared in the July 1963 issue of the "Treasury
Bulletin," pages 79-81. As a result of changes in presentation
introduced in that issue, not all breakdowns previously
published will be exactly comparable to those now presented.
B asic
definitions
The term "foreigner" as used in the Treasury reports
covers all institutions and individuals domiciled outside
the United States, including United States citizens domiciled
abroad and the foreign subsidiaries and offices of United
States banks and business concerns; the central governments,
central banks, and other official institutions of foreign
countries, wherever located; and international and regional
organizations, wherever located.
In general, data are reported opposite the foreign country
Data
or geographical area in which the foreigner is domiciled.
pertaining to branches or agencies of foreign official instituofficial
which
the
tions are reported opposite the country to
Data pertaining to international and
institution belongs.
regional organizations are reported opposite the classification
"International," "European regional," "Latin American regional," "Asian regional," or "African regional," as appropriate,
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
western Europe."
"Short-term" refers to obligations payable on demand
or having an original maturity of one year or less, without
deduction of any offsets.
"Long-term" refers to obligations
having an original maturity of more than one year, and includes securities having no contractual maturity.
capital transactions of the United States Government and on
shipments and receipts of United States currency are also
Certain capital transexcluded from the Treasury reports.
actions not effected through reporting institutions, such as
securities transactions carried out entirely abroad, are not
Consolidated data on all
recorded in the Treasury reports.
types of capital transactions are published by the Department
of Commerce in its regular reports on the United States
balance of payments.
The liabilities data exclude U.S. Treasury letters of
credit, and nonnegotiable, noninterest-bearing special notes
of the United States held by the Inter-American Development
Bank and the International Development Association.
Beginning with the May 1967 Bulletin, data on short-term
liabilities to foreigners were revised to exclude the holdings
of dollars of the International Monetary Fund derived from
payments of the United States subscription and from the ex(Liabichange transactions and other operations of the Fund.
lities representing the "gold investment" of the Fund continue
to be included.)
This change in the treatment of the Fund's
"holdings of dollars" was related to the revision of the table
on United States monetary reserve assets (see "International
Financial Statistics" section, Table 1) to include the United
States reserve position in the International Monetary Fund.
The Fund's "holdings of dollars" do not represent United
States liabilities to foreigners in the same sense as do other
reported liabilities to foreigners.
They are more accurately
viewed as contingent liabilities, since they represent essentially the amount of dollars available for drawings from the
Fund by other member countries.
Changes in these holdings
(arising from United States drawings and repayments of foreign
currencies, from drawings and repayments of dollars by other
countries, and from other dollar operations of the Fund) give
rise to equal and opposite changes in the United States gold
tranche position in the Fund, which in the absence of United
States lending to the Fund, is equal to the United States
reserve position. Since the reserve position is included in
United States reserve assets, it is necessary, in order to
avoid double-counting, to exclude the Fund's "holdings of
dollars" from United States liabilities to foreigners.
This
presentation conforms to the treatment of these items in the
United States balance of payments and the international investment position of the United States.
The data on securities transactions and on foreign
holdings of U.S. Government bonds and notes exclude nonmarketable U.S. Treasury notes, foreign series, and nonmarketable U.S. Treasury bonds and notes, foreign currency
series (see "International Financial Statistics" section,
Table A).
Exclusions
Presentation of statistics
The data published herein do not cover all types of
capital movements between the United States and foreign
countries.
Data collected monthly on the Treasury Foreign Exchange
Forms are published in three sections.
Section I provides a
summary of the principal data by period; Section II presents
data by country and by period; and Section III shows detailed
breakdowns of the latest available preliminary data.
eign parent companies; such transactions are reported by
business firms to the Department of Commerce.
Data on the
Section TV presents supplementary data which are reported
less frequently than monthly but which are published monthly.
The data reported to and published by the Treasury
Department exclude entirely the intercompany capital transactions of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for-
1/
Copi
Df the reporting forms and ins
istant Secretary for Internati
tions may be obtained from the Office of Balance of Payments Programs, Operations and Statisti
Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
.
.
4
1
3
...
March 1969
85
.CAPITAL MOVEMENTS.
Section
Table
1.
-
Banking
I
-
Summary by Periods
Liabilities to
and Claims on Foreigners
V
(In millions of dolla
Short-term liabilities to foreigners 2/
End of
calendar yea
or month
ibilies 2/
6,883.1
6,475.3
5,519.3
6,326.6
6,329.3
7,340.2
7,977.8
9,257.9
10,265.6
11,353.9
11,894.9
13,796.8
14,383.3
15,31 6.8
17,261.2
18,701.4
20,015.2
20,097.5
21,958.0
22,877.1
.
February.
March.
April. ..
May
June
.
Official
institutions
.
.
969- January p.
1/
2/
37
4/
57
,6/
7/
I
8/
1/
.
Interforeign
tional
Other
and
currenforeigners regional2/ cie
2,678.5
2,922.2
2,972.8
2,947.1
3,001.5
1,392.5
1,513.0
1,675.8
1,779.1
1,805.1
1,783.5
57 2,029.8
5/ 2,252.3
2,430.4
2,398.1
2,229.6
2,355
2,356.9
2,564.4
3,046.2
25.5
40.6
49.7
70.4
51.0
44.9
72.2
61.4
43.7
43.2
40.3
48.8
59.0
59.4
77.2
113.1
150.4
150.4 7,
143.4 1A
134.1
468.8
664.9
472.9
369.1
223.3
316.7
296.7
246.5
205.2
175.3
309.7
742.3
751.7
,030.5
,441.6
,316.6
3167
,083.9
,547.0
2/ 7,213 .4 2/ 3,376.3 9/1
13,065.9
27.723
27,599.3
11.967.5
12,022.5
7,359.7
1',,
'.
.'.
9,864.0
3-743.3
3,743.3
.8
7.5
2.2
163.2
5,974.9
310.2
59.3
'
-
,
513.5
609.4 7/
58^.9 1]
n
.
392.8
708.3
948.9
1,018.7
827.9
898.0
968.4
1,048.7
904.5
1,386.5
1,548.5
1,945.7
2,199.4
2,542.0
2,624.0
3,614.2
4,762.3
.3
3f
2/
89.9
3,587.2
1.0
1.2
2.3
1.8
2.7
2.8
1.2
9.9
1.6
Total
shortterm
claims
13,881.8r
13,875. 5r
11,131.8
31,755.0
10,856.7
14,291.8
4,442.0
30,677.7r
30,921. 7r
13,560. 5r
13,745. 5r
12,697.5r
12,791. Or
12,024.6r
10,510.4r
11,495.2
11,548.9
11,617.3
11,974.7
13,101.6
13,864.8
4,043. lr
4,088.4r
4,082.6r
4,076.9
1,287.5
1,231.1
1,360. Or
1,428. lr
4,051.9r 1,264. 5r
4,171.4r 1,319. Or
291.4
307.7
323.3 1
299.5
320.1
323.2 1
10,830.4r
10,747.8r
10,856.7
13,879.0
14,491.5
14,788.3
15,064.1
14,975.0
14,291.8
4,111.3r
4,126.1r
4,203.1
4,195.5
4,342.3
4,442.0
1,537.6
1,526.0
512.3
2,614.8r8
508.9
2,744.Ir8,
560.9
2,895.0r8,
553.3
2,963.4r8,
572.9
3,009. 2 8,
638.3 7/13,116.9
9,229.5
16,130.8
4,420.8
1,453.5
503.8 7/3,150.9
30, 748. Or
31,286.2r
31,344.9r
31,773.6
33,420.7
31,755.0
31,738.5
,
10773
4,127.7 1,. 81 .4,125.2r 1,281.9
229.1 7/
229.
Y.i
J/
V
4/
4/
4/
4/
73.4
86.1
87.9
85.2
243.0
160.9
176.6
241.9
400.7
350.9
290.3
328.5
328.5
358.9
186.0
223.3
Foreign
banks
100.3
319.6
292.9
361.2
222.7
151.1
177.2
122.9
156.5
206.5
328.1
405.4
385.5
439.4
497.6
524.3
699.4
709.2
952.6
954.9
Other
foreigners
Other
claims
4/
4/
4/
245.0
290.5
490.6
557.1
494-3
328.7
503.4
627.9
451.5
584.1
660.0
883.8
,121.6
,076.7
4/
104.2
109.8
131.7
109.8
142.0
235.6
330.4
303.0
427.5
460.
1,373.
1,402.5
1,565.9
1,567.1
1,739.3
482.1
617.6
622.4
641.8
773.9
,054.6
1,149.8
1,130.4
1,132.0
1.143-3
,098.2
,837.8
,531.1
,573.9
,652.9
,429.4
,158.8
,559.6
,190.2
,272.2
,260.1
foreign
curren-
47.5
98.1
165.
100.4
110.8
240.6
91.8
78.4
101.6
211.0
163.9
149.6
147.3
197.7
217.2
479.6
585.6
586.3
557.1
630.8
659.0
624.5
474.0
491.9
419.8
424-6
2,546.2
37/
1,526.0
Official
institutions
,957.210/
7,631.7
,734.511/ 271.2
256.5
7,853-4
30,657.3r
30,519.2r
30,570.2r
30,762.7r
30,188.7r
July
August
September. .
October
November. .
December p
Foreign
banks
4,179.0
3,043.7
1,831.9
2,836.3
2,907.7
3,615.5
2,064
3,547.6
2,528.
4,654.2
2,569
5,666.9
2,529,
6,770.1
2,530,
6,952.8
2,943.
8,045.4 273,362. 9
7,916.6 273,413.
8,664.9
3,460,
9,154.3
4,601.
10,212.3
4,704.
10,893.2
5,299.
10,893.3
5,380
11,915.3
5,251
12,436.9
5,713
25,550.7
30,080. 7r
.
Total
longterm
liabil-|
itie
Payable
25,517.8 2/
-968-January.
Short-term claims on forei
Payable in dollars
Total
short-
,606.2
Total
longterm
claims
175.6
140.7
227.5
187.7
216.7
390.4
403.9
440.5
324.9
440.9
670.9
839.4
1,173.8
1,362.1
1,545.1
1,698.4
2,033.8
5,033.8
2,160.4
3,029.8 8/
3,971.4
4,284.7 10/
4,516.9
3,924.8
1,615.7
1,227.6
5,031.9
,706.0
250.1
1,697.6
1,234.3
5,084.5
439.5
3,570.5
434.1
527.8
386.5
395.0
331.2
244.3
295.9
304.9
307.9
280.3
270.3
287.9
1,553.9
1,649.9
1,524-9
1,561.4
1,618.9
1,603.8
1,209.4
1,197.7
1,197.9
1,180.0
1,186.6
1,149.3
4,972.3
5,009.2
5,030.8
5,026.5
4,934.3
4,877.9
402.6
366.1
325.0
346.8
321.1
325.5
3,913.8
3,859.2
3,784.5
3,849.4
3,790.8
3,736.1
179. lr
229. 7r
287.4
299.6
302.1
267.4
220.0
250.1
1, 566.2i
323.0
427.9
546.8
706.0
l,570.1i
1,731.4
1,705.1
1,810.5
1,697.6
1,148.4
1,151.9
1,163-4
1,177.7
1,188.8
1,234.3
4,839.1
4,881.9
4,780.2
4,880.8
4,929.8
5,084.5
337.9
326.2
345.9
397.0
397.7
439.5
3,626.7r
3,612.2r
3,571.3
3,645.0
3,611.3
3,570.5
8,356.8
214.2
1,672.7
1,167.4
4,933.1
369.3
3,536.1
3.116.S
2,547.1r8
2,566.0r8
2,607. &8
2,654-6r8
2,753. 7r8
2,778.6r8
306.
II
10,362. 7r
10,436.3
11,992.9
1,415. Or
1,411. 8r
1,429.9
1,524.3
For exclusions see headnote on page 8
Data exclude the "holdings of dollars of the Inte ational Monetary
Fund.
For explanation see headnote
page 84.
Included with "Other foreigners."
Included with "Other claims."
Beginning in August 1956 and also in April 1957, certain accounts
previously classified as "Foreign banks" are included with "Official
institutions."
Differs from 1961 end of year data on the preceding line by inclusion
of liabilities and claims reported by a number of banks included in
the series beginning December 31, 1961.
Includes reported liabilities to foreign official institutions beginning October 1961.
Figures for selected dates are as follows:
end 1961, $46.3 million; end 1962, $47.9 million; end
1963, $30.1
million; end 1966, $516.5 million; end 1967, $151.8 million; end March
1968, $217.3 million; end June 1968, $217.3 million; end September 1968,
$403.6 million; end December 1968, $463.1 million; end January 1969,
$338.1 million.
Includes claims previously held but first reported as of May
31, 1963;
as of that date such claims amounted to $85.6 million.
Also includes
claims amounting to $193.2 million reported by banks for the
first
time as of December 31, 1963, representing in part claims
previously
held by banks but not reported.
Short-term liabilities include a net increase of $50.8 million arising
10/
11/
12/
12/
from changes in reporting coverage, distributed
as follows:
"Official
institutions" -$4.0 million, "Foreign banks" +160. 3 million,
"Other"
foreigners" +$22.5 million, and "Payable in foreign
currencies"
-$27.9 million.
Data on claims below the line differ from claims above
the line because of the exclusion as of December 31, 1964 of
$58.1 million of
short-term U.S. Government claims previously included;
and because
of the addition of $545.9 million of short-term claims
and $313.3
million of long-term claims arising from the inclusion
of claims
previously held but first reported as of December 31, 1964, and
from
revisions of preliminary figures.
Data on claims below the line differ from claims above the line
because of the addition of sbort-term claims held in custody for
domestic customers but reported by banks for the first time
beginning
December 31, 1965, and short-term claims reported by banks reporting
for the first time.
Data on liabilities and claims below the line differ from data above
the line because of changes in reporting coverage and classification
effective December 31, 1966, and because of revisions of reported data
beginning December 31, 1966.
Data on liabilities and claims below the line differ from data above
the line because of changes in reporting coverage effective December
31,
p
1967.
Preliminary.
r
Revised.
9
.
6
Treasury Bulletin
86
CAPITAL MOVEMENTS,
I - Summary by Periods
Securities by Foreigners
Purchases and Sales of Long-Term Domestic
Section
Table
2.
-
1/
the United States)
indicate a net outflow of capital -fro,
(In millions of dollars; negative fibres
rporate and othei
U.S. Government bonds and notes 2/
Bonds 1/
Net purchases
Calendar year
or month
Foreign countries International
and
Othe
Official
regional
-58.7
-19.7
-245.2
43.4
L.077.2
680.2
535.4
432.2
932.4
-500.4
-390.3
221.6
104.4
124.5
-178.0
-41.8
-91.8
8.2
-43.5
2.7
8.0
-28.5
-82.7
-13.9
-191.4
-65.0
-103.0
Novemb r
December p
43.6
62.7
32.7
14.1
42.5
23.1
19.2
44.2
23.3
24.9
61.4
40.5
1969 -January p.
30.9
223.9
L.216.9
1,729.6
L,743.7
L.779.9
L, 867.1
L,
L,
1968p
1968-January.
:
!•
:
-
:
..
.
.
March
April
May
June
July
August ....
Se]
-
mb
October.
r.
..
.
H9.4
5.9
86.1
20.4
11.2
72.6
106.0
33.8
59.5
81.4
-36.1
10.5
For exclusions see headnote on page 84.
Through 1949, includes transactions in corporate bonds
1^29.1
-.6
-21.6
11.7
15.3
6.1
28.7
35.3
51.3
17.3
72.6
50.1
-99.2
-51.3
9.3
176.3
38.3
1,036.0
313.5
-64.5
-150.6
-144-3
-21.2
2.9
120.3
1.0
55.2
135.0
127.5
256.0
142.6
-56.3
362.9
201.7
322.7
111.1
197.5
-349.1
-413.3
-333.3
756.7
-11.5
149.3
685.2
156.4
141.8
-2.7
1,124.4
378.4
735.7
-668.2
877.8
-510.5
-450.8
86.9
1,026.8
4,384.4
#51.3
1,903.1
13,108.9
10,842.5
2,266.2
3,669.1
283.4
417.7
246.7
294.3
628.4
342.6
370.1
447.1
351.5
474.5
262.5
265.6
139.5
131.6
194.1
234.4
243.3
201.6
206.0
235.4
181.6
286.2
246.5
181.1
143.9
286.0
52.6
59.9
335.1
914-9
658.6
916.2
1,084.4
1,223.9
177.6
75.5
262.3
280.4
92.1
198.6
222.5
78.7
149.6
210.7
234.1
234.1
143.5
319.8
223.0
348.6
433.7
342.2
394.6
262.0
236.8
385.2
302.0
277.7
365.5
558.3
36.1
95.1
56.4
29.5
107.7
120.0
200.1
212.8
289.7
324.7
287.1
310.2
361.4
368.8
442.4
316.9
307.7
255.7
460.7
675.0
1,577.9
2,242.6
108.3
141-6
188.5
197.4
283.6
296.0
251.8
258.9
344-0
296.2
392.3
416.1
359.0
246.4
284.4
636.7
51.3
-161.2
.3
29.3
.2
-38.8
.4
-6.4
-84.5
-7.8
.4
-25.7
-334.2
-89.1
-192.2
75.2
944.4
-584.3
432.1
376.7
514-1
375.3
664.O
619.5
649.2
533.9
980.2
1,433.7
1,363.5
1,163.8
1,453.6
1,861.5
1,774.8
2,744-6
2,149.1
2,526.5
3,425.3
4,133.2
5,073.8
7,276.1
2/
2/
ll
1/
11.1
8.0
-1.9
2.8
14.4
7.7
-8.7
-5.9
3.5
-15.3
domestic
scuriti
367.6
226.1
369.7
354.1
666.9
739.8
650.2
589.1
1,115.1
1,561.2
1,619.5
1,306.4
1,397.3
2,224.4
1,976.5
3,067.3
2,260.2
2,724.0
3,076.2
3,719.9
4,740.5
8,032.8
1/
2/
2/
1/
2/
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
-169.1
273.0
164.9
224.5
532.2
-521.4
301.8
-315.2
-151.1
-427.0
-121.4
-269.7
-13.0
-55.4
9.4
824.2
-663.7
292.7
-96.7
-60.0
561.7
-204.9
117.0
-236.7
523.9
-97.9
-20.0
-206.6
369.1
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
-728.0
670.9
-337.7
-75.8
-615.8
-43.5
684.2
283.3
330.3
333.6
294.3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1,603.0
1,231.5
2,507.9
1,196.2
1,487.1
1,153.0
1,296.0
628.9
414.5
344-8
282.4
430.0
,236.4
673.6
533.7
646.O
800.9
,341.1
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
Net
purchases
Net
purchases
5a.
%
1/
328.9
2/
Through 1949,
and notes.
14.1.0
1,162.!
164.1
211.7
169.9
188.3
84.6
1,125.9
893.3
927.7
1,378.6
1,307.9
1,515.0
737.3
583.0
653.9
804.
1,131.8
963.9
903.4
814.
778.1
1,167.8
1,023.8
1,280.9
162.9
1,325.3
959.8
L6.
3H.9
included with transactions in U.S. Government bonds
*
Less than $50,000.
p Preliminary.
4
..
.
4
3
9
4
1969
87
.CAPITAL
Table
3.
-
MOVEMENTS.
Section I - Summary by Periods
Purchases and Sales of Long- Term Foreign Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from
the United States)
Foreign bonds
alendar year or month
Sale
1968- January. .
February.
March
April
May
June
July
August.
September
October. ..
November.
December p
.
p
.
Preliminary.
755.9
658.7
211.6
321.2
589.2
500.4
495.3
542.5
792.4
693.3
606.5
699.0
889.0
945.6
882.9
801.9
1,093.3
990.5
914.8
1,198.1
1,778.3
2,023.6
2,281.5
509.4
991.5
1,392.0
1,915.1
1,457.6
1,445.0
1,262.4
2,037.3
2,086.0
1,843.1
2,440.1
2,692.5
3,186.7
3,665.7
80.7
160.5
323.3
161.
305.2
105.4
490.4
634.3
291.4
311.5
710.2
801.0
677.4
621.5
Foreign stocks
Net
purchases
265.5
24.5
-79.8
9.8
-121.0
-300.6
-182.1
-79.0
-48.8
183.9
-385.0
-693.1
-1,026.1
-512.0
-562.1
Net
purchases
-944.0
-1,095-4
-928.3
-1,242.1
-914.2
-1,163.1
-1,384.2
65.2
57.1
81.7
88.8
173.8
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
566.1
509.1
595.7
702.0
695.6
748.4
906.2
960.2
880.4
1,245.5
644.3
548.2
616.6
731.4
1,037.1
1,561.9
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
-251.6
-214.3
-126.1
-29.1
-336.4
-237.7
-82.6
-370.0
-103.9
51.2
200.3
289.5
228.8
-156.8
-316.4
276.3
265.7
415.0
370.4
185-4
236.8
-195.7
-105.3
-91.7
-209.0
119.8
-131.4
68.4
70.1
114.1
73.2
87.2
93.7
79.1
79.6
147.9
78.9
109.6
112.7
140.5
115.7
446.2
171.6
103.9
253.2
224.8
225.5
687.0
360.6
165.0
-86.0
-84.3
-109.8
-240.9
-189.0
-61.1
80.6
99.6
169.5
341.5
8U.
-460.
rj
7.1
215.6
145.9
100.0
Total
purchases
Total
sales
Net purchases
of foreign
securities
821.2
715.9
293.3
410.1
763.0
772.7
789.1
852.7
1,185.8
1,356.9
1,355.7
1,291.8
1,356.2
1,511.7
1,392.0
1,397.6
1,795-3
1,686.1
1,663.2
2,104.2
1,149.7
1,007.0
924.9
1,486.1
1,387.3
1,866.8
2,014.0
2,718.8
2,?61.5
2,036.7
2,228.0
2,843.2
2,730.3
2,391.3
3,056.7
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
-1,047.9
-1,044.2
-728.1
-952.5
2,738.5
2,903.9
3,526.9
3,423.8
4,223.8
5,227.6
-685.3
-1,319.9
-1,700.8
-10.7
-9.5
-33.8
-5.7
-22.5
-19.0
149.1
230.6
437.3
234-6
392.4
199.1
355.5
345.4
562.8
449.3
295.1
349.5
-206.4
-114.8
-125.5
-214.7
97.3
-150.5
82.6
186.9
201.2
154.0
155.0
174.4
-2.0
-87.3
-104.1
335.8
411.7
426.6
841.0
-9.1
-74.3
247.7
240.1
212.8
661.8
317.4
204.0
339.4
-88.1
-171.5
-213.9
-179.2
-198.1
-135.4
109.1
21.0
299.5
450.6
-151.1
96.7
70.8
198.2
348.7
329.6
303.4
644.9
877.9
875.2
621.9
803.7
803.8
591.7
965.6
805.
6I.1
•
556.1
676.8
388.2
382.3
908.
Treasury Bulleti
88
.CAPITAL
Section
Table
1.
-
II
-
MOVEMENTS.
Summary by Countries
Short-Term Banking Liabilities to Foreigners
headnote
columns shown for" this date differ because of
changes
in reporting coverage.
Figures in the first column are comparablP in
coverage to those shown for the preceding
date; figures in the second
column are
'"—able to those shown for the following date.
2/
P
r
Through December 1967,
Western Europe."
Preliminary.
Revised
V
Luxembourg include
Aarch
1969
89
.CAPITAL
Section
Table
2.
-
II
-
MOVEMENTS.
Summary by Countries
Short-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
Calendar year
August
1967 2/
-
Austria
Belgium-Luxembourg 2/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
rugo slavia
Other Western Europe 3_/
U.S.S.R
Other Eastern Europe
b
Total Europe
-
Latin America
'
•
<
16.2
66.9
61.8
90.6
73.6
227.2
16.5
110.5
40.2
75.6
41.4
67.4
75.4
88.0
52.2
193.3
19.4
39.6
2.0
16.2
16.6
=
.9
37.1
78.2
87.6
176.0
19.1
54-4
75.4
97.6
37.5
244.2
13-4
30.1
2.7
16.1
83.4
37.1
78.2
87.6
179.4
19.1
58.4
34.7
61.2
25.8
54.4
75.4
5.7
40.8
36.4
•62.6
66.1
176.4
12.3
104.8
39.0
42.7
10.4
46.2
57.6
93.1
37.9
317.9
21.7
14.6
2.5
21.4
98.0
37.5
244.2
13.4
12.6
2.7
18.2
12.7
48.9
32.1
66.1
50.8
114.3
14.9
70.9
33.3
46.9
16.4
45.6
54.3
78.3
27.9
241.5
15.3
12.4
1.0
23.0
Septerabe
3.9
53.8
29.1
61.2
70.1
128.1
12.5
89.3
42.4
45.9
15.8
49-4
65.2
9
3
.
30.0
269.2
16.9
11.2
.8
20.4
3.5
:
187.5
112.4
158.2
r
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
=
Total Latin America
American Republics..
Bermuda.
Antilles and Surinam
America
Asia :
China Mainland
Hong Kong
India
757.4
85.2
211.6
44.5
219.7
261.0
60.7
17.6
15.9
220.8
173.3
176.8
217.5
16.1
960.4
46.5
248.5
41.6
225.9
288.9
62.6
9.6
18.2
249.2
338.2
192.7
206.0
14.5
942.9
56.3
206.7
44.4
231.8
282.1
82.0
18.7
24.6
18.2
2,453.2
2,890.2
205.6
346.9
174.1
195.4
14-5
971.0
49.8
198.9
42. 8r
211.2
278.0
92.7
13.8
16.4
211.3
341.8
177.4
194.9
14.5
956.9
50.0
198.3
56.0
220.4
276.6
107.7
13.6
16.1
,811.;
,835.
28.8
18.5
25.9
56.2
2,965.8
H5.1
26.6
12.5
22.1
55.9
3,006.5
51.0
290.9
39.8
94-9
130.3
3,871.*
3,731.4
3,707.
3.3
2.3
44-9
3.0
3.6
42.3
12.6
58.2
.7
.7
30.0
9.6
30.9
16.5
5.9
98.4
2,571.7
30.7
220.5
14.7
81.0
135.0
57.3
3,147.3
-
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
:
Total Asia
3,206.0
3,875.0
Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
220.8
173.3
176.8
217.5
16.1
960.4
46.5
248.5
41.6
226.4
288.9
62.6
9.6
32.1
19.3
23.3
83.9
3,113.5
77.4
239.3
38.4
98.6
5.3
57.3
3,154.5
58.9
303.2
37.2
100.2
137.6
3,894-5
59.3
299.9
35.8
93.5
123.4
:
j.
•
.
36.5
10.9
51-9
25.1
Other countries :
Australia
All other
54.3
13.0
56.5
13.5
54-3
13.0
Total other countries
3rand total
1.6
2.7
43.7
118
Total Africa
International and regional
|
1.7
50.3
—
3,606.2 2/
I
8,706.0
V
Treasury Bulletin
90
..CAPITAL
Section
Table
3.
-
II
-
MOVEMENTS.
Summary by Countries
Long-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
Calendar year
Europe
Austria
Belgium-Luxembourg 1/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/
U.S.S.R
Other Eastern Europe
:
Canada
12.4
73.2
10.5
67.5
46.0
61.2
79.5
5.0
187.6
70.5
63.9
60.1
16.4
1.8
69.5
8.6
12.4
1.1
126.0
47.3
42.0
31.9
11.0
1.5
55.9
12.2
19.3
5.5
12.8
19.3
19-5
150.8
103.4
60.2
65.5
132.6
113.3
47.9
135.3
105.2
54.1
59.8
601.9
70.3
182.7
64.9
90.4
128.0
20.7
13.8
2.5
534.2
70.5
127.1
29.8
70.9
152.2
14.9
14.0
1.9
570.5
61.5
138.6
52.8
2.5
21.5
122.4
49.0
3.5
22.0
138.5
142.8
216.7
7.6
21.8
102.5
58.4
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
Korea
Philippines
Taiwan
Thailand
Other Asia
358.4
325.9
66.3
152.2
52.7
73.9
65.7
119.8
45.1
78.1
.6
.6
476.8
73.2
89.1
44.2
98.3
119.0
39.2
8.0
2.0
513.4
71.2
150.2
50.2
1,295.6
1,345.5
2.6
34.5
3.8
33.4
2.7
36.2
27.8
444.7
27.0
325.6
4.2
223.4
22.6
179.9
3.9
250.5
4.8
5.3
61.7
Total Asia
88.9
124.2
21.4
14.9
1.8
5.3
10.1
101.4
335.8
Africa :
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
Other countries
Australia
All other
53.3
203.4
5.7
18.2
106.6
38.1
11.9
151.0
61.2
4.0
160.0
196.6
30.4
300.1
31.7
4,516.9
4,179.7
1.0
34.8
8.3
5.0
1.1
67.9
12.3
12.5
148.0
248.9
7.6
21.2
112.6
70.1
12.9
18.4
34- lr
80.3
124.1
21.7
13.9
2.4
1.1
1.0
36.6
187.6
173.9
232.6
203.4
216.
:
268.7
32.7
3,924
3,570.5
82.7
29.9
56.5
20.0
5.3
1.3
71.4
12.7
18.2
19
705.3
Total other countries
vised.
5.3
1.1
1.1
International and regional
p
.8
30.3
55.6
20.4
1.0
32.6
3.5
166.3
Through November 1967, Luxembourg included in "Other Western Europe,
Preliminary.
* Less than $50,000.
2.9
36.0
1.6
47.8
37.0
30.8
76.1
27.6
.9
72.3
30.9
64.1
18.4
628.8
Total Africa
1/
50.8
36.6
35.3
76.6
28.5
:
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Grand total
2.8
36.0
1.9
27.6
103.6
28.7
74.5
42.9
129.1
97.9
199.6
1.591.8
Total Europe
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
2.3
35.0
1.4
47.3
36.9
32.5
72.7
14.0
77.3
95.1
43.4
in.
58.4
193.2
84.0
342.1
7.3
221.9
90.2
72.4
93.4
37.5
2.0
86.0
4.4
4.2
.
March 1969
91
.CAPITAL
Section
Table
4.
-
Net Transactions
(In thousands of dollar
II
-
in U.S.
MOVEMENTS.
Summary bv Countries
Government Bonds and Notes by Foreigners V
egative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
November
Europe :
Austria
Belgium-Luxembourg 2/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom. .
Yugoslavia
Other Western Europe 2/
-
,
-540
-33
<
-443
-1,101
1,116
-48,866
-1,301
1,942
HI
429
-254
3,768
-35
1,215
-63
7,835
-268
16
-30
-215
-22
-1,534
-205,275
31,841
<
3
-15 , 719
9.998
U.S.S.R
Other Eastern Europe
784
615
-172
-178
-201,339
Total Europe
Canada
1
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics.
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
270
620
-76
-28
1H
197
709
1,130
-810
-448
1,000
464
-993
-2,998
-109
-24,133
-19,507
-965
-18,250
-3,918
-20,250
-543
52,370
10,038
-14,356
=224.
.
-1,896
-798
-62
1,606
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
-867
-266
-1,403
-5
-43
-269
-119
10
34
-510
-289
114
-635
5,968
-25
-345
2,059
-318
3,673
-127
582
:
-49
101
3,984
Philippines
Taiwan
Thailand
Other Asia
-I46
-3
-105
25
-46O
-2,046
9,629
-1,496
Total Asia
Africa
Congo ( Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
:
3
Total Africa
Other -"Untries
Australia
All other
-506
4,186
-502
4,186
3,000
:
-19
Total other countries
International and regional
International
European regional
Latin American regional
Asian regional
:
-148,393
-428,682
-2,722
1,718
-21,719
-426,964
-161,049
,*.""'
-'I' '..._;
Total international and regional
Grand total
-",',
J ...
-' 1
:
-139,330
5
December p
92
Treasury Bulletin
March
1969
.CAPITAL
Table
(In thousands of dollar
6.
-
MOVEMENTS.
Section II - Summary by Countries
Net Transactions in Domestic Stocks by Foreigners
ive figures indicate net sales by foreigne
Calendar year
1968p
Europe :
Austria
Belgium-Luxembourg \J
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sueden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/
U.S.S.R
Other Eastern Europe
-3,070
-13,30?
-190
157
-2,748
10,348
-923
-6,947
-11,458
-1,632
8,164
-2,621
-4,034
-37,127
-377
-398,189
-447
-7,444
3,00°
-2,557
134
7,501
197
-6,383
-45,488
1,812
6,105
3,970
-1,125
-64,069
-4,643
-524,270
-763
1,626
-3
-637,163
Total Europe
Canada
8,066
15,993
-1,326
-71
67,652
68,448
1,118
33,706
22,425
653
-13,873
1,803
1,172
249,733
-1,568
-114,968
-172
2,261
213
293
341,558
264,711
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
:
American Republics..
Bermuda.
Antilles and Surinam,
America
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
655
-115
113
1,535
-487
-4,247
2,289
-1,180
-6,386
6,963
-984
-1,135
-10,780
127
3,314
352
1,113
2,866
-491
6,092
9,101
1,050
39
13,651
-478
15,503
-3,164
-227
46
970
1,865
45
-5,769
10,424
573
-3,512
5,526
216
49,080
24,940
48,721
84,379
1,480
-106
30,502
60
-469
2,049
1,924
47
855
1,779
270
11,962
,
:
Philippines
Taiwan
Thailand
Other Asia
,
,
11,275
-14
19
1,166
,
,
549
-3
,
,
,
,
-2,216
-60
8,473
31
-299
7,553
111
192
-36
104
163
-1,274
297
2,974
,628
Total Asia
48,979
Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
:
Total Africa
Other countries
Australia
All other
65
-262
:
Total other countries
1,700
International and regional :
International
European regional
Latin American regional
Total international and regional
Grand total
80
-157
16
-266
7,196
6,036
7,196
apital from the United States)
Treasury Bulletin
94
.CAPITAL
Section
Table
7.
II
Net Transactions
-
MOVEMENTS.
Summary by Countries
-
in
Long-Term Foreign Bonds by Foreigners
net outflow of capital from the United States)
indicate net sales by foreigner
(In thousands of dollars; nega
sptembe
1,247
9,787
-8,855
-25,842
23,887
9,138
Austria
Belgium-Luxembourg 1/.
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/.
U.S.S.R
Other Eastern Europe....
.
15
10,522
3,488
-4,073
-20,004
-281
-34,244
85,147
-147
-43,759
-29,588
-16,064
74,042
4,137
1,009
28,322
-3,576
14
59,797
-1,759
-969
-11,481
-332
-8,422
62,582
-327
-6,764
528
-81,867
102
-748,575
American Republics...
Bermuda
Antilles and Surinam.
America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Tai
Thailand.
Other Asia.
-489
2,948
-247
4,743
1,297
969
3,127
3,010
-40
3,111
519
305
510
-22
-754
2,011
9,879
787
3,421
4,551
5,723
1,190
13,343
1,670
5,891
17
4,026
443
18,480
-36
-57,099
1,000
-34
4,393
393
-783
-1,981
170
4,365
2,048
265
-161
1,251
13,887
20
860
242
150
-557
-3,993
25
486
603
363
196
-137
-637
-3,436
13,650
3,650
-3,835
-17
3
8,254
1,565
7
6,455
3,900
769
50
_.,
7
,
-13,505
-66,048
..,
-4,651
19,315
3,299
280
15,907
13,327
2,246
-1,137
-18,755
-14,316
2,588
-2,296
247
241
418
40
-31,019
1,661
801
2,852
-5,017
208
-2,688
-1,981
-1,905
311
-19,266
3,166
3,203
-8,007
-16,941
3,793
-10,728
995
-1,618
2,934
544
-,:*:.<
-36,491
3,142
-1,996
1,040
274
2,679
-3,796
-197,357
-2.423
-17,149
y ,u
-267,707
-31,703
1,393
1,252
-14
-54,802
8,552
2,534
-2,657
-1,998
4,555
-2,000
-148,735
13,659
-21,113
2,951
-83
16,239
-1,633
2,713
1,398
25L.
;
1
-6,534
2,633
1,233
1,788
-,:•,
Total Latin America
976
65,171
75
14
12
214,712
:-•-',
Canada
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
5,285
4,609
11,580
-6,234
41
234
-365
534
-619
-479
-1
228
524
December p
Novembe
52
-3,y'
Total Europe.
1,347
47,326
-1,169
3,710
21,836
23,384
2,421
25,451
-13,299
33,234
-16,161
-10,376
30,156
3 7,479
2,101
31,683
-3,931
-1,650
1,754
-3,499
-1,561
53, 914
-49
31,670
400
-32,112
October
861
249
1,252
-32
-2 , 192
244
275
-752
-1,930
337
58
107
-3
-416
3,726
549
-186
-385
-170
-133
-202
-443
104
6
-342
-1,413
-568
-146
326
293
-477
1,110
2,864
-92
-2,438
-689
-208
128
i33
-363
84
-13
69
-215
-64
-48
97
-55,116
-210
5,536
-59,082
-2,490
357
2,802
:
-76,273
-1,549
739
9,790
30,004
-180,947
-5,994
1,000
-4,420
1,761
365
35,509
-4,635
-152,862
4,476
4,466
212
2,357
8,416
-1,076
11,542
21,116
-37,553
-14,124
6,990
-10,675
.
Total Asia.
Africa
Congo (Kinshasa)...
Morocco
South Africa
United Arab Republi
Other Africa
-13
-28,255
1,792
-22,627
2,033
-242
350
-14,979
6
-291
-125
1
-16,333
-1,385
2,491
39,117
'1
y-
-269
-56
-1,404
-101
42
4,440
6,463
'
-35,916
-19, 514
:
5,000
9
(Egypt).
Total Africa
-42,291
-14,996
Total other countries....
-57,287
International and regional
International
European regional
Latin American regional..
-153,219
-11,573
11,357
-18,537
3,409
Other countries:
Australia.
All other.
2,503
534
255
148
-3
-10,236
-15,435
20,376
-21,850
2,758
3,083
5,530
1,353
649
-532
960
-25,721
-1,723
1,263
1,669
460
-4,434
555
2,129
:
Total international and regional.
irand
1/
p
to1 al.
-111,473
-20,339
-40,000
-264,207
-1-,,
1,247
-67,848
-12,685
134
-914,188
Through 1967, Luxembourg included in "Other Western Europe,
Preliminary.
r
Revised.
-17,903
40
2,577
2,239
51
-8,000
-12,551
.
-1,242,065
'
-111,911
-17,863
-5,710
March 1969
.CAPITAL
Section
Table
8.
-
II
-
MOVEMENTS.
Summary by Countries
Net Transactions
Stocks by Foreigners
in Foreign
figures indicate net sales by foreigners
(In thousands of dollar
it
outflow of capital from the United States)
Calendar ye
Europe
Austria
Belgium-Luxembourg 1/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/
U.S.S.R
Other Eastern Europe
:
-13
4,967
274
-261
-17,729
27,459
789
90,199
-116
1,078
5,631
14,786
205
4,600
-505
440
-2,323
12
-59
7,283
27,517
-205
-1,360
92,039
-37
249
189
5,775
22,556
-499
-31,317
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas and Bermuda.
Netherlands Antilles and Surinam
Other Latin America
Total Latin America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-24,943
8,245
-20
-959
49,435
406
107
14
-6,491
1,106
-16,289
-9,391
-2,161
13,722
-54
-78,610
13
803
119,976
Total Europe
Canada
-19,706
481
126
134
159
655
-143
-96
122
-473
31
-3,150
-77
96
115
-151
15
-370
89
159
-10,929
-1,045
-100
468
-1,575
13,238
-1,795
-19,779
M
-56
-202
107
3/671
162
675
-156
1,091
-3
13
-19,265
328
-75
-217,622
-664
347
-5,883
366
-74
2,644
274
1,265
-2,471
62,381
-3,417
-6,436
29
4,484
6,735
2,997
-95
565
-20
-93
385
2,667
30
92
-418
-4,048
7
7
-50,113
-663
--
39
6
-1,312
4
68,342
-11,086
-20
64
163
-136,484
164, 116
-7,91o
-794
343
-207
-27,307
307
-1,827
40
-1,301
-52,273
-23,554
41
-7,698
48,361
-389
-740
435
-978
-26,339
-4,
63
-56
-70
274
-57
-3,866
-6,774
-1,269
-1,345
-5,595
-425
-464
-331
-34
-110
36
-924
-59
105
257
-10,650
-242
-181
384
80
-161
-86
-5,694
-100
-5,774
-38
-115
-21
86
1,166
-183
-39
-7
-42
16
19
-778
-45
13
-164
-96
192
309
-562
-3,950
-170
-:<.-
-
1,575
'
-.
,
.'
-1
.
-
-4,305
I
3,334
-38
3
U5
9,177
60
-3,095
-1,012
69
-8,675
11,615
-13
307
Total Asia
-2,492
-5,342
-350
4,998
-41
56
1,417
1,034
-1,103
136
483
-375
133
3
-275
-1,921
Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
:
-16
-291
-467
-39
-444
-164
-2
Total Africa
Other countries
Australia
All other
-14,253
-1,053
-496
-322
-1,741
-14,673
-110
-1,373
-2,423
:
,251
Total other countries
,251
International and regional :
International
European regional
Latin American regional
Total international and regional
Grand total
1/
p
Through 1967, Luxembourg
Preliminary.
289,549
228,849
eluded in "Other Western Europe.
-316,358
61,622
-9,115
Treasury Bulletin
96
.CAPITAL
MOVEMENTS.
Summary by Countries
Section II
Table 9.- Estimated Holdings of U.
-
S.
Government Bonds and Notea
(Position at end of period in millions of dollars)
December p
September
Europe
Austria
Belgium-Luxembourg l/.
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe l/.
:
90
553
432
455
449
444
446
432
49
36
36
36
36
36
36
1,305
1,222
1,208
1,210"
1,169
U.S.S.R
Other Eastern Europe....
Total Europe.
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
:
American Republics...
Bermuda
Antilles and Surinam.
America
Total Latin America
China Mainland.
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines. . .
Taiwan
Thailand
Other Asia
Total Asia
Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
:
Total Africa.
Other countries
Australia
All other
Total othe
:
countries.
.
.
International and
gional
International.
European regional
Latin American regional
Asian regional
:
Total international and regional.
Grand total.
250
168
75
35
325
2,329
1,713
1,670
Note:
Data represent estimated official and private holdings of U. S. Gover
ment securities with an original maturity of more than one year, and
are based on a July 31, 1963 survey of holdings and regular monthly
reports of securities transactions (See Table 4)
For exclusions see
•
1/
headnote on page 84. Annual and monthly data are shown in this
section beginning with the February 1964 issue of the Bulletin.
Through November 1967, Luxembourg included in "Other Western Europe.'
Less than $500,000. p Preliminary.
March 1969
97
MOVEMENTS.
.CAPITAL
Section
Table
1. -
III
-
Preliminary Details by Countries
Short-Term Banking Liabilities to Foreigners as of January 31, 1969
1/
(Position in thousands of dollars)
Short-term liabilities payable in dollars
To foreign banks and official institutions
Total
shortterm
liabilitie
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
To all other foreigners
U. S.
U. S.
Deposits 2/
Treasury
bills and
certificates
Treasury
Deposits 2/ bills and
certificates
:
•
Total Europe
135,648
319,715
HI, 257
164,303
1,467,915
1,328,674
195,375
628,997
217,741
317,455
330,484
136,244
453,089
130,036
268,787
133,137
157,807
1,384,128
1,260,016
159,697
584,229
182,958
289,163
251,319
68,911
435,608
2,038,737
33,463
8,093,912
25,062
406,355
11,729
34,442
1,685,
29,734
7,769,384
23,844
180,010
11,525
32,557
16,480,597
15,038,752
26,122
222,856
41,017
54,675
1,119,217
692,765
88,654
377,739
120,814
107,933
247,544
55,655
117,787
390,610
28,606
7,164,633
17,238
116,216
11,333
28,502
10:
Canada
I
j
.a"'/-',.'
44,400
29,054
74,510
12,100
253,194
223,800
22,000
155,490
52,113
51,228
302,600
328,962
214,811
3,300
50,762
1
,
2,194,349
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
?!>>,
59,514
16,877
17,610
91,032
11,717
343,451
49,043
51,000
10,031
130,002
3,775
13,256
15,221
966,330
1,128
389,940
3,306
13,032
192
4,005
</.,
2,190,462
201,565
137,159
:
,
American Republics..
Bermuda
Antilles and Surinam
America
494,806
173,328
L38, 1
247,259
301,536
222,270
7,870
941,436
155,726
276,736
149,171
799,246
581,774
229,530
104,776
30,650
159,019
124,427
118,042
956
524,668
20,460
80,678
44,110
'!
125,846
122,624
113,009
956
261,818
19,536
77,564
42,522
355,819
181,838
96,858
16,068
2,190
•
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thai land
Other Asia
.
276,100
105,290
26,620
2,348
i;
25,120
10,015
75
33,098
1,803
4,633
400
36,400
31,200
4,985
3,704
2,012,927
226,450
924
3,114
1,588
1,062
63,062
3,447
6,848
158
35(,202
:
,
,
.•
,
,
Total Asia
,
Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
32,102
101,339
51,723
52,237
114,483
901,429
115,450
118,163
116,393
271,031
247,990
37,540
269,625
215,270
61,680
190,610
3,267,099
154,599
239,138
150,024
553,282
576,904
32,102
127,917
190,679
52,254
173,831
3,220,789
150,738
143,639
135,549
545,353
450,496
5,715,771
5,228,347
11,970
14,511
49,583
19,460
264,705
9,276
11,475
42,230
17,149
219,069
5,930
10,709
40,285
13,077
105,756
360,229
299,199
175,757
238,446
30,384
225,242
22,753
960
112,600
25,618
26,356
29,800
1,280,850
34, 548
1,038,510
35,288
23,476
16,956
6,814
97,141
17
2,000
2,200
267,508
105,365
1,304,724
:
Total Africa
Other countries
Australia
All other
:
Total other countries
International and regional
International
European regional
Latin American regional
Asian regional
African regional
268,830
88,548
17,888
106,436
:
Total international and regional
Grand total
3,300
114,020
,
1,335,586
9,000
81,589
22,355
5,018
81,518
22,355
5,018
1,453,548
110,006
8,699
29,418
11,572
5,018
1,146,610
164,713
1,160,960
14,100
250
'
•
•
.
:",
'".
--''
646
766
1,945
772
5,293
9
Treasury Bulletin
98
.CAPITAL MOVEMENTS.
Section
Table
2.
-
III
-
Preliminary Details by Countries
Short-Term Banking Claims on Foreigners as of January
(Position in thousands of dollars)
31, 1969
1/
.
March 1969
.CAPITAL MOVEMENTS.
Table
3.
-
Section III - Preliminary Details by Countries
Long-Term Banking Liabilities to and Claims on Foreigners as of January
(Position in thousands of dollars)
Long-term claims payable in dollars
Total
long-term
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
:
.
194
700
518
100
,271
29
334
Total Europe
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
,911
899
,475
164
,046
,939
,921
,772
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
:
240,
657.
Total Asia
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
Total Africa
Other countries:
Australia
All other
Total other countries
International and regional
International
European regional
Latin American regional
Asian regional
African regional
:
Total international and regional
Grand total
Total
long-term
31,
1969
Treasury Bulletin
100
.CAPITAL MOVEMENTS.
Table
4.
-
Section III - Preliminary Details by Countries
Purchases and Sales of Long-Term Securities by Foreigners During January 1969
(in thousands of dollars)
i/
..
March 1969
.CAPITAL
Section IV
Table
1.
-
-
MOVEMENTS.
Supplementary Data by Countries
Short-Term Liabilities to Foreigners Reported by Nonbanking Concerns
(Position
at.
end of period In thousands of dollars)
1966
September
Europe
Austria
,
Belgium- Luxembourg 2/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/
U.S.S.R
Other Eastern Europe
1967
December
December 1/
:
.*.
3,069
29,674
2,399
953
56,587
80,933
1,962
51,881
66,949
2,148
5,760
24,960
14,380
57,699
4,078
201,374
2,059
3,214
133
841
611,053
Total Europe
Canada
32,405
3,244
766
61,839
78,099
2,109
54,082
67,729
2,333
8,723
26,526
16,939
58,267
2,205
207,747
935
3,864
308
iil.
630,545
1,500
33,791
5,334
905
60,672
80,811
2,412
62,335
79,786
2,311
7,342
29,504
19,387
47,264
1,785
236,139
792
4,679
156
777
'-;,.
2,455
27,736
7,527
1,558
54,879
85,204
2,458
64,982
78,133
3,313
5,086
36,067
20,693
51,359
1,694
243,525
206
4,554
110
694
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
5,664
9,070
3,181
5,464
2,196
26,505
7,431
3,111
91,772
7,772
60,505
78,768r
3,783
5,596r
30,880
23,867
85,704
2,908
310,324r
131
3,930r
348
2,196
26,505
7,431
3,111
64,315
91,772
10,728
60,505
78,768
3,783
5,596
30,880
23,867
85,704
2,908
310,324r
131
3,930
348
732
732
-'.
,,
.
.
,
.
190,000
137,554
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics....
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
1,700
32,279
7,943
2,287
60,769
94,304
2,999
65,622
82,346
3,236
5,863
34,866
23,708
84,474
2,127
315,402r
601
2,875
212
525
273
10,409
9,145
5,839
1,388
25,276
18,473
1,592
6,913
1,739
5,511
10,455
4,249
6,590
282
11,086
9,744
7,191
1,154
36,296
19,897
3,142
7,197
962
2,649
10,822
4,520
4,840
257
15,851
3,838
6,428
1,364
38,072
15,150
6,660
6,135
1,459
3,631
10,058
5,970
9,033
256
15,541
2,524
5,406
1,066
37,172
17,142
4,822
8,348
'?
7,028
12,989
255
11,607
2,125
6,798
1,385
35,639
19,334
4,413
5,298
1,312
104,426
123,756
118,045
122,327
122,137
1,077
2,286
17,143
2,256
2,271
22,802
3,815
7,215
7,227
1,061
33,967
1,086
3,017
16,828
1,900
2,356
27,017
2,864
7,234
4,191
3,729
29,535
1,102
3,830
13,499
2,116
474
29,529
1,545
6,127
5,044
3,847
39,503
981
4,045
15,131
3,722
660
37,548
1,808
6,824
2,005
3,586
38,102
717
4,092
11,895
5,188
1,125
44,250
101,120
?,757
106, 61*
114,412
867
373
9,955
1,577
6,141
637
359
16,809
1,226
5,205
701
445
5,324
1,979
7,036
18,913
24,236
15,485
50,986
3,941
58,399
6,027
51,811
6,025
I.
4,336
9,618
3,530
9,092
7,811r
8,647r
254
10,270
4,053
6,136r
865
32,826
23,5A8r
7,601
5,378r
3,530
9,092
7,811
8,647
254
10,270
4,053
6,136
865
32,826
23,548
10,937
5,378
867
120,878r
124,214
:
Total Asia
Africa :
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries
Australia
All other
882
7,122
1,351
4,843
44,217
4,783r
ll,885r
4,456r
2,571
62,246r
985
7,56lr
4,805
4,888
45,290r
832
4,783
11,885
4,456
2,571
63,227
985
7,561
4,805
4,888
45,290
125,682
150,302r
151,283
731
371
1,932
7,593
6,864
2,520
10,985
439
455
7,781
3,454
ll,l68r
439
455
7,781
3,454
11,168
18,922
21,471
23,297r
23,297
49,229
6,749
61,399
8,115
58,146
6,925
60,503
8,477
:
Total other countries
64,426
69,514
1,089,089
l,352,973i
International and regional :
International
European regional
Latin American regional
Asian regional
Total international and regional.
Grand total
832
1,028,071
2,387
29,276
43,199
3,990
67,618
108,092
12,114
59,356
71,082
3,572
4,305
34,196
16,553
63,483
3,498
254,889
158
4,442
Treasury Bulletin
102
..CAPITAL
Table
2.
-
MOVEMENTS.
Section IV - Supplementary Data by Countries
Short-Term Claims on Foreigners Reported by Nonbanking Concerns
at end of period in thousands of dollars)
)
:
.
March 1969
.CAPITAL
Table
3.
-
Short-Term
MOVEMENTS.
Supplementary Data by Countries
and Claims on Foreigners Reported by Nonbanking Concerns
Section IV
-
Liabilities to
Details as of September
30,
1968p
(Position in thousands of dollars)
Payable
carr^-nc
Payable
Payable
dollars
Europe
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Deposits with
banks abroad
in reporter's
own name
dollars
:
2,132
60,371
7,579
3,800
113,847
149,596
U.184
63,535
64,835
4,873
7,817
47,642
25,978
112,222
3,247
406,679
873
5,008
Total Europe
Canada
819
55,395
7,453
3,739
86,39i
99,181
13,935
55,309
50,739
4,203
7,377
38,898
25,633
76,267
2,664
344,255
1,313
4,976
126
61
27,451
50,415
249
8,226
14,096
670
440
8,744
345
35,955
583
5,271
68,268
10,202
8,911
156,634
174,373
25,630
129,540
67,019
9,614
7,570
75,779
26,027
70,549
7,436
62,424
778
977
3,834
15,074
434
5,374
1,395,603
2,305,698
95
290
4,718
368
,-'
199,155
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico. *
Panama.
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
5,088
65,587
10,041
8,164
112,170
124,841
24,059
120,786
64,764
9,045
7,195
69,238
25,738
33,463
5,901
1,289,011
3,788
14,826
1,325
61
686
38,874
45,842
863
4,132
898
124
186
5,165
93
36,429
1,027
119,652
41
146
11
5,202
73
1,999,330
350,139
:
7,311
13,620
6,077
7,398
262
8,748
4,744
6,276
1,343
35,807
22,501
10,261
3,732
1,027
.
American Republics . .
Bermuda
Antilles and Surinam.
America
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
1, -H9
17,248
5,037
5,314
253
8,007
4,215
4,442
1,058
10,119
15,421
10,009
3,534
757
1,372
1,040
2,084
9
741
529
1,834
285
25,688
35,648
101,632
37,896
25,087
1,777
94,408
14,699
27,978
4,081
96,507
91,706
531,993
766
2,728
8,344
2,878
14,822
67,103
769
8,162
2,893
1,558
26,390
9,834
42,702
6,863
8,844
193,778
17,821
20,690
12,431
14,690
93,771
2,141
53
7, '93
1,724
920
181
495
41
1,346
4,113
1,012
216
259
•
15,896
.
3,716
51,775
61,556
44,667
4,602
72,451
46,023
4,948
8,130
193
792
20,505
90,495
13,200
.
,
468
2,188
,
4
,'
:
766
3,501
10,212
3,164
15,080
91,271
954
9,870
3,131
2,337
35,058
Total Asia
"
.
Africa
Congo ( Kinshasa)
Moroc co
South Africa
United Arab Republic
Other Africa
.
.
236
258
24,168
185
1,708
238
779
136,413
.
88
8,537
33,532
6,440
7,893
341
4,519
54
87
58,137
17,195
7
814
53
13,807
,-•..
331,711
3,103
1,831
18,831
5,818
35,37;
2,556
1,609
591
5,123
:
450
.
(
Egypt
3,729
218
335
11,607
3,331
5,576
Total Africa
Other countries
Australia
All other
428
115
398
523
74
.
3,216
29,433
2,130
3,364
'••,
,
:
Total other countries
International and regional
International
European regional
Latin American regional
Asian regional
6,124
21,854
3,766
20,79?
2,358
48,770
25,620
23,150
53,425
9,324
37,407
43,867
11,541
I
I
.
:
Total international and regional.
Grand total
:
1,270,509
This table presents the detailed breakdown of the latest data that
are shown in Tables 1 and 2 of this section. Data are reported by
exporters, importers, industrial and commercial firms, and other
nonbanking concerns in the United States. Data exclude claims held
through United States banks, and intercompany accounts between firms
in the United States and their affiliates abroad,
p
Preliminary.
Treasury Bulletin
104
.CAPITAL
Section IV
Table
4.
-
Long-Term
-
MOVEMENTS.
Supplementary Data by Countries
Liabilities to Foreigners Reported by
Nonbanking Concerns
)
March 1969
.CAPITAL
Table
5.
-
MOVEMENTS.
Section IV - Supplementary Data by Countries
Long-Term Claims on Foreigners Reported by Nonbanking Concerns
(Position at end of period
ir
ands of dolla
1967
December 1/
Europe
Austria
Belgium- Luxembourg 2/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe ^/
U.S.S.R
Other Eastern Europe
:
1,172
8,798
5,084
1,440
11,040
6,775
48,670
17,385
284
351
9,422
39,611
1,125
12,689
6,084
23,401
514
3,613
197,458
Total Europe
Canada
266,706
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico.
Panama
Peru
Uruguay
Venezuela,
Other Latin American Republics..
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
81,365
201,533
13,664
17,452
7,8a
63,822
8,093
16,783
2,714
21,301
29,185
7,773
1,483
1,038
474,047
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
:
42
Philippines
Taiwan
Thailand
Other Asia
16,176
5,962
15,884
101,828
1,272
20,585
8,096
679
21,950
Total Asia
192,474
Africa
Congo ( Kinshasa
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
:
842
3,970
34,892
Total Africa
Other countries
Australia
All other
8°
:
Total other countries
International and regional
Grand total
,
,
,
December 2/
Treasury Bulletin
106
.CAPITAL
Table
6.
-
MOVEMENTS.
Supplementary Data by Countries
Foreign Credit and Debit Balances in Brokerage Accounts
Section IV
-
.
March 1969
.CAPITAL MOVEMENTS.
Table
7.
-
Section IV - Supplementary Data by Countries
Short-Term Banking Liabilities to Foreigners in Countries and Areas
Not Regularly Reported Separately
(Position at end of period in thousands of dollars)
I
"
Other Western Europe "
Cyprus
Iceland
Ireland, Republic of
Luxembourg
Malta
Monaco
.
.'
"
Other Eastern Europe "
Al bania
Bulgaria
Czechoslovakia
Estonia
Hungary
Latvia
Lithuania
Poland
Rumania
Soviet Zone of Germany
"
Other Latin American Republics "
Bolivia
Costa Rica
Dominican Republic
Ecuador
Guatemala
Guyana (British Guiana)
Haiti
Honduras
Jamaica
Nicaragua
Paraguay
El Salvador
Trinidad and Tobago
"
Other Latin America "
British Honduras
British West Indies
French West Indies and French Guiana.
"
Other Asia "
Afghanistan
Bahrain. ...
Burma
Cambodia"
Ceylon
Iran
Iraq
Jordan
Kuwait
Laos
Lebanon
Malaysia 2/
Muscat and Oman
Nepal
Pakistan
Qatar
Ryukyu Islands (including Okinawa)....
Saudi Arabia
Singapore 2/
Southern Yemen (Aden and South Arabia)
Syria
Trucial States
Viet Nam
"
Other Africa "
Algeria
Cameroon
Congo (Brazzaville)
Ethiopia ( including Eritrea)
F. T.A.I. (French Somaliland)
Ghana
Ivory Coast
Kenya
Liberia
Libya
Mozambique
Nigeria
"Portuguese West Africa"
Somali Republic
Southern Rhodesia ij
Sudan
Tanzania
Tunisia
Zambia tj
"
Other countries "
New Zealand
722
1967
April
1968
Treasury Bulletin
108
.CAPITAL
Table
8.
-
MOVEMENTS.
Section IV - Supplementary Data by Countries
Purchases and Sales of Long-Term Securities by Foreigners During Calendar Year 1967
(In thousands of dollars)
Foreign securiti
Domestic securities
Total
purchase
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
Government
bonds and
notes
1,025
1,240
7,982
439
231
102, 970
,520, 292
20,006
13,617
3,
,836, 469
302
224
Total Europe
'
,-:
Corporate and
other
678
23,194
6,067
49
135,046
53,596.
28,804
93,571
2,759
11
465,779
291,096
6,240
151,631
237,747
316
27,749
29,781
12,914
396
14,472
727
60,714
10,859
44,264
325,727 2,633,187
294
3,494
687,233
681, 578
297
5
13,061
147,703
"'13
213
706
-V"''
„'"'.
Latin Americ
Argentin
Bra2il.
Chile...
Colombia
Cuba
Mexico.
10
American Republics...
Bermuda
Antilles and Surinam.
America
452
800
L22
5,466
11,487
271
623
2,270
1,772
39,143
23,592
747
Total Latin America
.
Japan
Korea
Fhilippi
.
.
.
.
.
3,476
418
69,935
4,743
23
3,325
Thailand.
Other Asi
241,391
Total Asi
707,02
.
Africa
Congo (Kinshasa)...
Morocco
South Africa
United Arab Republi
Other Africa
4,139
.'.,-'
57
175,989
1,000
26,535
551
3,745
1,861
70,452
97
68,072
5,704
7,424,670
'."
24,952
11,641
8,875
11,921
228
60,087
81,776
11,038
26,339
63,864
10,556
.'-,'
165,322
6,652
17,140
13,467
2,303
405
71,402
3,112
317
6,164
21,489
5,199
29,467
4,742
319
722
972
394
177
31
4,585
2,441
382
676
1,624
275
10,445
2,865
177
186
257,867
6,079
909
220,442
68,019
91
17,994
1,810
14,640
180,528
5,217
2,322
1,133
166,928
-.-',-
1,060
21,176
25
63
15,775
147
707
6,550
20,870
22,061
380
1,851
34,951
148,651
174
1,024,645
71
31
30
446
20,028
15,151
2
191,756
39
10,355
20,738
77,578
4,085
82
398,127
222,648
19,289
24,284
42,432
15,622
34,191
51,535
5,122
117,925
215,322
10,574
28,345
58,911
9,687
,383,454
5,062
796,546
469
145,442
57,165
31,038
19,509
1,327
9,128
27,541
423,395
106
144,319
600
58,647
412
8,539
2,810
302
11,918
1
21
960,365
1,104,683
18:
26,038
11,595
7,905
10,056
1,233
140
57
1,542
183
183
161,205
79,415
12,989
38,096
66,149
19,513
221,463
161,727
9,000
831,51?
23,891
14,263
1,000
2,344
3,020
14,000
49,902
8,032
1,745
28,547
12,264
8,913
12,054
125
266,574
641
390
17,162
25,886
224
1,506
3,976,615
356,108
690,231
124
24
-'
27,107
17,859
3,081
5,629
25,980
477,309
4
24,513
13,804
74
7,417
72,336
207
Corporate and
other
544
120,224
49,945
17,080
531,340
327,341
5,473
196,902
291,912
52,771
30,526
80,572
92,962
057,392
5,495
2,303,948
1,069
217,775
4,842,088 1,100,170
1,134
5,356
S
159
8,279
217
1.145
125
Hong Kong
India
Indonesia.
5,990
57,518
26,271
5,246
64,347
89,014
2,317
73
-,"-.
895
2,315
566
409
U-
Government
bonds and
notes
;-•'
Canada
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
Total
232
238
131
5,252
3,190
191
301
1,071
1,036
32,268
13,491
325
582
52
962
65,856
71,352
10,465
29,851
58,338
10,340
157,900
140,382
5,591
82,130
2,117
1,935
6,247
5,250
6,832
26,754
3,344
2,799
140,380
61
5,287
25
35
258
2,552
137
125
236,072
581
859
15,113
23,962
77
4,362
543
863
154,966
119,
6,005
5,467
13
204,838
20,257
6,764
1,259
13,635
14,393
437,523
:
(
Egypt )
721
1,040
5,834
113
660
713
1,095
108
9,005
Total Africa
All other.
70
Total other countries.
,,..-
/1
:>na
9n
regional
International
European regional
Latin American regional
Asian regional
,
4
;
:
]
61,743
202,59^
3,170
733,413
19,450
156,844
11,843
55,425
18,631
.)
:
.
3,170
4,616
8,548
8,04(
531,023
292, 39£
13,764,713
205,76
?,242,615 8,032,795 2,023,552
Excludes transactions in nonmarketable U.S. Treasury bonds and note
foreign series, and foreign currency series. See "International
Financial Statistics," Table 4.
Note:
64,208
45,189
3,L46
1,906
14,285
Total international and regional.
Grand total
648
1,252
92
9,271
11,581
Other countries:
Australia.
y .-.*
212
4,263
909,707
?-!
L4,
057, 865
466,806
19,450
111,911
81,58?
44,906
1.2,7
'
598,167
1,929,136 7,276,050 3,186,694:
1969
March
109
.CORPORATIONS AND OTHER BUSINESS-TYPE ACTIVITIES.
Section IV
-
Direct Sales and Repurchases of Loans
(In millions of dollars)
Housing and Urban Develo
Export- Import
Bank of the
United States
Fiscal year
Repurchases
1,275
1,150
936
1963.
1964.
1965.
1966.
1967.
1968.
Sale
2/
Government
National
Association 1/
92
213
63
153
91
nt Departm
Office of Secretary
Small Business
Administration
2/
Repurchases
Repurchases
336
436
124
596
954
1,070
Repurchases
Farmers Home
Administration
307
144
Repur-
L04
33
31
120
729
50
974
174
Veterans
Administration
Repurchases
460
312
327
105
1968- January.
February
March
April
161
May.
June.
125
48
70
July
Augu
153
123
Sept.
116
39
113
15
.
October.
November
December
1969- January.
Fiscal 1969
to date
245
514
The secondary market operations of Federal National Mortgage Association were converted to private ownership effective Sept. 30, 1968,
pursuant to P.L. 90-448 (82 Stat. 536). Amounts reported exclude the
following applicable to secondary market operations: net sales, 1963
$547 million; net purchases, 1964 $67 million, 1965 $232 million,
1966 $1,838 million, 1967 $1,107 million, 1968 $2,316 million, 1969
2/
2/
*
through Sept. 30, 1968 $296 million.
Includes college housing, elderly housing, and public facility loans.
Sales by fiscal years are on basis of actual figures shown in the
Budget document and include initial sales of loans from credit insurance funds. The monthly figures are on basis of agency reports.
Less than $500,000.
Treasury Bulletin
110
.CUMULATIVE TABLE OF CONTENTS.
April 1968 through
March 1969
Issue and page numbe
May
June
July
Aug.
Sept.
Article
Treasury financing operations
:
Federal fiscal operations
Budget receipts, outlays, financing, and debt
Budget receipts by source
Budget outlays by function
Summary of fiscal operations
Budget receipts by principal sources
Chart - Budget receipts by principal sources
Chart - Internal revenue collections by principal sources
Budget outlays by agencies
Undistributed interf und receipt transactions
Investment transactions of Government accounts in Federal
:
securi ties
(
net
•
*
Net market purchases or sales of Federal securities for accounts
handled by the Treasury
Public debt securities and accountability of Treasurer,
U.S. on an accounting basis
Detail of excise tax receipt s
mary of internal revenue receipts by States, calendar year 1967,
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Federal Hospital Insurance Trust Fund
Federal Supplementary Medical Insurance Trust Fund
Railroad Retirement Accounts
Unemployment Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts in public debt securities,
agency securities, and participation certificates by issues,
as of December 31, 1968
,
Federal obligations (latest date December 31, 1968 )
Account of the Treasurer of the United States
Status of the Account of the Treasurer of the United States
Analysis of changes in tax and loan account balances
Summary of cash transactions through the Account of the Treasurer
of the United States
Gold assets and liabilities of the Treasury
:
Monetary statistics
Money in circulation
:
Debt outstanding
Summary of public debt and guaranteed agency securities
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Maturity distribution and average length of marketable
interest-bearing public debt
Special public debt issue?
Treasury holdings of securities issued by Government agencies
Interest-bearing securities issued by Government agencies
Participation certificates
:
Statutory debt limitation
102
23
Fublic debt, operations :
Maturity schedule of interest-bearing marketable debt securities
other than regular weekly and annual Treasury bills
Offerings of Treasury bills
New money financing through regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills. .'
Unmatured marketable securities issued in advance refunding
operations
Unmatured marketable securities issued at a premium or discount
other than advance refunding operations
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury bills...
Disposition of public marketable securities other than regular
weekly Treasury bills
Foreign series securities (nonmarketable) issued to official
institutions of foreign countries
Foreign currency series securities (nonmarketable) issued to
official institutions of foreign countries
.
United States savings bonds
Commulative sales and redemptions by series
Sales and redemptions by periods, all series combined
Sales and redemptions by periods, Series E through K
Redemption of matured and unmatured bonds
Sales and redemptions by denominations, Series E and H combined...
Sales by States , Series E and H combined
:
(Continued on following
1969
March
Ill
.CUMULATIVE TABLE OF CONTENTS.
April 1968 through
March 1969
-
(Continued)
United States savings notes :
Sales and redemptions by periods
Ownership of Federal securities
Distribution by classes of investors and types of issues
Estimated ownership
:
Treasury survey of ownership of Federal securities
Ownership by banks, insurance companies, and others
Ownership by commercial banks classified by membership in Federal
Reserve System (latest date December 31, 1968)
:
Market quotations :
End-of-month closing quotations on Treasury securities by issues..
Chart - Yields of Treasury securities
Average yields of long-term bonds :
Average yields of Treasury and corporate bonds by periods
Chart - Average yields of Treasury and corporate bonds
Exchange Stabilization Fund (latest date September 30, 1968)
Balance sheet
U.S. stabilization agreements
Income and expense
:
National bank reports
Earningr, .expenses, and dividends for calendar years 1963-67
:
International financial statistics
U.S. reserve assets:
gold stock, holdings of convertible
foreign currencies, and reserve position in IMF
U.S. liquid liabilities to foreigners
U.S. liquid liabilities to official institutions of foreign
countries by area
Nonmarketable U.S. Treasury bonds and notes issued to official
institutions of foreign countries
U.S. position in -the IMF
U.S. monetary gold transactions with foreign countries and international and regional organizations
:
,
Capital movements between the United States and foreign countries
Summary by periods beginning 194-6
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims on foreigners, latest month
Long-term banking liabilities to and claims on foreigners,
latest month
Purchases and sales of long-term securities by foreigners,
latest month
Short-term liabilities reported by nonbanking concerns
Short-term claims reported by nonbanking concerns
Long-term liabilities reported by nonbanking concerns
Long-term claims reported by nonbanking concerns
Foreign credit and debit balances in brokerage accounts
Short-term liabilities, countries and areas not regularly reported
Purchases and sales of long-term securities by foreigners during
calendar year 1967
:
Foreign currencies acquired by the U.S. without purchase with dollar
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust funds
Corporations and other business- type activities
Statementsof financial conditions (latest date June 30, 1968)
Income and expense (latest date June 30, 1968)
Source and application of funds (latest date June 30, 1968)
Direct sales and repurchases of loans
:
101
L02
--•:>
96
97
99
100
101
102
105
106
101
102
103
105
L06
107
108
104
105
106
108
109
110
111
93
99
94
100
95
97
101
103
104
105
106
98
99
100
109
110
95
96
97
99
100
101
102
102
103
104
Treas.
HJ
10
.A2
1969
c.2
w?
U.S. Treasury Dept.
Treasury Bulletin
Treas.
HJ
U.S. Treasury Dept.
10
.A2
Treasury Bulletin
1969
c.2
@FedFRASER