Full text of Treasury Bulletin : March 1973
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TN1EN
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Treasury Bulletin
March 1973
DEPARTMENT OF THE TREASURY
WASHINGTON,
OFFICE OF THE SECRETARY
D.C.
March 1973
CONTENTS
Article
-
Treasury Financing Operations
y
FEDERAL FISCAL OPERATIONS
FFO-1.
-
FFO-2.
-
Chart
-
FFO-3.
FFO-4.
FFO-5.
FFO-6.
FFO-7.
FFO-8.
-
-
-
-
-
Summary
of Fiscal Operations
Receipts by Principal Sources
Budget
Budget Receipts by Principal Sources
Budget Outlays by Agencies
Undistributed Intrabudgetary Transactions
Budget Outlays by Major Function
Investment Transactions of Government Accounts in Federal Securities
Trust Funds Transactions
Loan Disbursements and Repayments, Net Lending, and
Loan Balances
FFO-9.
-
j
of
Detail of Excise
...
Federal Credit Programs
2
4
5
6
7
9
10
\\
Tax Receipts
13
FEDERAL OBLIGATIONS
FO-1.
-
FO-2.
-
FO-3.
-
Gross Obligations Incurred Within and Outside the Federal Government
by Object Class
Gross Obligations Incurred Outside the Federal Government
by Major Function and Major Object Class
16
Gross Obligations Incurred Outside the Federal Government
by Department or Agency
FO-4.
-
17
Gross Obligations Incurred Outside the Federal Government
Comparative Statement by Months
18
ACCOUNT OF THE TREASURER
TUS-1.
TUS-2.
-
-
TUS-3.
-
TUS-4.
.
-
,
U.S.
Status of the Account of the Treasurer, U.S
Analysis of Changes in Tax and Loan Account Balances
Summary of Cash Transactions through the Account of the Treasurer, U.S.
Gold Assets and Liabilities of the Treasury
MONETARY
MS-1.
16
Money
23
24
25
25
STATISTICS
in Circulation
26
FEDERAL DEBT
FD-1.
-
FD-2.
-
FD-3.
-
Summary of Federal Debt
Computed Interest Charge and Computed
on Interest-Bearing Public Debt
Interest-Bearing Public Debt
27
Interest Rate
27
28
Treasury Bulletin
//
CONTENTS
FD-4.
FD-5.
FD-6.
FD-7.
FD-8.
FD-9.
FD-10.
Maturity Distribution and Average Length of Marketable
-
Interest-Bearing Public Debt
Special Public Debt Issues
Interest-Bearing Securities Issued by Government Agencies
Participation Certificates
-
-
-
-
28
29
30
Debt Subject to Statutory Limitation
Status and Application of Statutory Limitation
Treasury Holdings of Securities
-
32
33
34
31
PUBLIC DEBT OPERATIONS
PDO-1
PDO-2.
PDO-3.
PDO-4.
PDO-5.
PDO-6.
PDO-7.
PDO-8.
PDO-9.
-
Maturity Schedule of Interest-Bearing Marketable
Public Debt Securities
Offerings of Treasury Bills
-
New Money
-
Financing through Regular Weekly Treasury Bills
Offerings of Public Marketable Securities
Unmatured Marketable Securities Issued at a Premium or Discount
Allotments by Investor Classes on Subscriptions for
Public Marketable Securities
Disposition of Public Marketable Securities
Foreign Series Securities
Foreign Currency Series Securities
-
-
-
-
-
-
...
35
36
39
42
45
47
50
54
65
UNITED STATES SAVINGS BONDS
SB-l
SB-2.
-
-
SB-3
-
SB-4.
-
Sales and Redemptions by Series, Cumulative
Sales and Redemptions by Periods, All Series Combined
Sales and Redemptions by Periods, Series E through K
Redemptions
of
Matured and Unmatured Savings Bonds
67
67
68
70
UNITED STATES SAVINGS NOTES
SN-1.
-
Sales and Redemptions by Periods
71
OWNERSHIP OF FEDERAL SECURITIES
OFS-1.
OFS-2.
-
Distributions of Federal Securities
•*"
-
Estimated Ownership of Public Debt Securities
73
TREASURY SURVEY OF OWNERSHIP
TSO-1.
TSO-2.
-
Summary
-
Interest-Bearing Marketable Public Debt
74
of Federal Securities
by Type and Maturity Distribution
Securities
75
March 1973
III
CONTENTS
TSO-3.
TSO-4.
TSO-5.
TSO-6.
-
-
-
-
Interest-Bearing Marketable Public Debt Securities by Issue
75
77
77
78
Nonmarketable Public Debt Securities by Type
Securities Issued by Government Agencies
Securities Issued by Government-Sponsored Agencies and D.C
Interest-Bearing
MARKET QUOTATIONS ON TREASURY SECURITIES
MQ-1.
-
MQ-2
MQ-3.
-
Cbart
-
-
Treasury Bills
Treasury Notes
Treasury Bonds
Yields of Treasury Securities
81
81
82
83
AVERAGE YIELDS OF LONG-TERM BONDS
AY-l
Cbart
-
Average Yields
Average Yields
of
of
Long-Term Treasury, Corporate and Municipal Bonds
Long-Term Treasury, Corporate and Municipal Bonds
•
.
.
.
.
84
85
INTERNATIONAL FINANCIAL STATISTICS
IFS-1.
-
IFS-2.
-
IFS-3.
-
U.S. Reserve Assets
U.S. Liquid and Nonliquid Liabilities to Foreign Official Institutions,
86
87
IFS-4.
-
and Liquid Liabilities to All Other Foreigners
U.S. Liquid and Nonliquid Liabilities to Official Institutions
of Foreign Countries, by Area
Nonmarketable U.S. Treasury Bonds and Notes
IFS-5.
-
U.S. Position in the
IFS-6.
-
U.S. Net Monetary Gold Transactions with Foreign Countries
CAPITAL
88
89
90
IMF
MOVEMENTS BETWEEN
U.S.
91
AND FOREIGN COUNTRIES
BANKS
CM-I-1.
-
CM-I-2.
-
CM-I-3.
-
CM-I-4.
-
LIABILITIES TO FOREIGNERS REPORTED BY
Short-Term Liabilities by Type of Foreign Holder
Short-Term Liabilities by Type of Liability
Short-Term Liabilities by Country
Short-Term Liabilities, by Type and Country
CM-I-5.
-
Short-Term Liabilities, Not Regularly Reported Separately
CM-I-6.
-
CM-I-7.
-
Long-Term
Long-Term
Liabilities
Liabilities
CM-II-2.
-
CM-II-3.
-
CM-II-4.
-
Short-Term Claims by Type
Short-Term Claims by Country
Short-Term Claims, by Type and Country
Long-Term Claims by Type
CM-II-5.
-
Long-Term Claims by Country
-
U.S.
94
95
97
98
99
by Type
by Country
CLAIMS ON FOREIGNERS REPORTED BY BANKS
CM-II-1.
-
100
-
U.S.
102
103
106
104
105
IV
Treasury Bulletin
CONTENTS
CM-II-6.
Long-Term Claims, by Type and Country
-
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING
Liabilities by Type
CM-III-2.
Short-Term Liabilities by Country
Short-Term Liabilities, by Type and Country
CM-III-3.
CM-III-4.
Long-Term Liabilities by Country
107
CONCERNS
-
U.S.
-
108
109
-
110
-
CM-III-1.
Ill
-
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING CONCERNS
-
U.S.
Claims by Type
Short-Term Claims by Country
Short-Term Claims, by Type and Country
Short-Term Liquid Claims Reported by Large Nonbanking Concerns
by Type
Short-Term Liquid Claims Reported by Large Nonbanking Concerns
112
115
-
by Country
Short-Term Liquid Claims Reported by Large Nonbanking Concerns,
-
by Type and Country
Long-Term Claims by Country
116
CM-IV-7.
CM-V-1.
-
TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS
Foreign Purchases and Sales of Long-Term Domestic Securities
CM-IV-1.
-
CM-IV-2.
-
CM-IV-3.
-
CM-IV-4.
-
CM-IV-5.
-
CM-IV-6.
CM-V-2.
CM-V-3.
-
CM-V-4.
-
CM-V-5.
CM-V-6.
CM-V-7.
CM-V-8.
-
-
-
-
CM-V-9.
-
CM-V-10.
-
in
114
115
117
Foreign Purchases and Sales of Long-Term Foreign Securities
Net Foreign Transactions in Marketable Treasury Bonds and Notes
Estimated Foreign Holdings of Marketable Treasury Bonds and Notes
Net Foreign Transactions in Long-Term Domestic Bonds
Net Foreign Transactions in Domestic Stocks by Country
Net Foreign Transactions in Long-Term Foreign Bonds by Country
Net Foreign Transactions
113
Foreign Stocks by Country
Foreign Purchases and Sales of Long-Term Securities, Latest Date
Foreign Purchases and Sales of Long-Term Securities, Latest Year
118
118
119
120
121
122
123
124
125
126
FOREIGN CREDIT AND DEBIT BALANCES IN BROKERAGE ACCOUNTS
CM-VI-1.
.
CM-VI-2.
-
Foreign Credit Balances (Due to Foreigners)
Foreign Debit Balances (Due from Foreigners)
FINANCIAL OPERATIONS OF
127
128
GOVERNMENT AGENCIES AND FUNDS
FEDERAL CREDIT PROGRAMS
GA-III-1.
-
Direct Sales and Repurchases of Loans
Cumulative Table
Note:
of Contents
Details of figures
may
not add to totals because of rounding.
129
130
[arch
1973
Treasury Financing Operations
pilar Monthly Bills
On February 15 tenders were invited for $1,800 million
thereabouts, of 349-day Treasury bills to be dated Februy 28, 1973, and to mature February 12, 1974.
s
This issue
to refund $1,701 million of bills maturing February 28.
nders were opened February 22.
Tenders received totaled $3,255 million, of which $1,801
llion was accepted, including $28 million of noncompetitive
nders.
The average bank discount rate was 6.051 percent.
-Week and 26-Week Bills
Issues of regular weekly Treasury bills in February toled $16.8 billion, replacing a like amount of maturing bills.
ere were four 91-day issues of $2.4
y issues of $1.8 billion.
e
billion and four 182-
Average rates for the new issues
shown in the following table.
13 -week
(Additional amount of bills of
original maturity of 26 weeks)
March 1973
.FEDERAL FISCAL OPERATIONS,
Table FFO-1.
-
Summary
of Fiscal Operations
(In millions of dollars)
Treasury Bulleth
.FEDERAL FISCAL OPERATIONS.
Table FFO-2.
-
Budget Receipts by Principal Sources
(In millions of dollars)
Income taxes
Fiscal year
or month
Net
budget
receipts
Individual
Other
112,662
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 (Est.)...
1974 (Est.)...
130,856
149,552
153,671
187,784
193,743
188,392
208,649
39,259
36,840
42,811
50,521
57,301
70,182
77,416
76,490
83,200
15,331
16,820
18,486
18,850
20,951
27,258
26,236
24,262
25,679
224,984
255,982
96,100
108,400
25,300
26,200
116, "33
Corporation
Net
total
Refunds
U,U3
48,697
48,792
55,446
61,526
68,726
87,249
90,412
86,230
94,737
22,000
23,000
99,400
111,600
5,893
4,869
5,851
7,845
9,527
10,191
13,240
14,522
Gross
24,301
26,131
Refunds
Net
total
Net total
income
taxes
38,338
35,037
30,320
34,926
670
761
946
1,232
1,660
2,208
3,535
2,760
23,493
25,461
30,073
33,971
28,665
36,678
32,829
26,785
32,166
72,189
74,253
85,519
95,497
97,390
123,927
123,241
113,015
126,903
36,200
39,500
2,700
2,500
33,500
37,000
132,900
148,600
10,950r
6,846
3,905
11,965
6,557
11,054
1,228
878
4,995
5,145
967
8,452
158
212
273
250
234
185
1,070
666
4,722
4,895
733
8,267
12,020r
7,512
8,628
16,860
7,290
19,321
1,071
8,426
9,045
15,969
8,560
9,172
!0,834
34,918
29; 897
1972-Jan
Feb
Mar
Apr
May
June
17,605
15,239
15,237
24,534
17,275
25,589
6,633 r
7,581
7,783
6,599
8,141
8,020
4,318
682
1,323
8,650
1,413
3,704
1,416
5,200
3,284
2,997
670
July
Aug
Sept
Oct
7,052
8,175
7,305
7,187
8,425
7,915
548
362
3,794
469
257
353
245
157
95
61
69
61
7,355
8,380
11,005
7,595
8,613
8,206
1,258
855
5,289
1,287
853
5,772
187
190
324
323
294
140
4,965
965
Nov
Dec
15,207
18,213
22,183
14,738
16,748
18,972
1973- Jan
21,130
8,254
4,671
27
12,897
1,539
158
1,382
14,279
127,191
54,312
10,455
64, 052
16,854
1,617
15,238
79,289
Fiscal 1973 to
date
1
665
559
5,632
1.3,838
March 1973
.FEDERAL FISCAL OPERATIONS.
Table FFO-2.
-
Budget Receipts by Principal Sources
-
(Continued)
Treasury Bulleti
4
.FEDERAL FISCAL OPERATIONS
1
March 1973
FEDERAL FISCAL OPERATIONS.
Table FFO-3.
-
Budget Outlays by Agencies
(In millions of dollars)
Fiscal year
or month
Legislative
Branch
148
162
181
240
255
277
340
384
487
The
Judiciary
Executive
Office
of the
President
64
73
Funds appropriated
to the
Pres ident
23
Military
Civil
1,130
1,211
1,278
1,310
1,300
31
36
47
173
55
527
607
192
204
96
1972-Jan.
Feb.
Mar.
Apr.
May.
June
44
50
36
33
37
13
14
15
15
17
53
16
July
Aug.
35
48
13
13
Sept
37
14
Oct.
Nov,
Dec.
19
15
47
56
17
16
47
14
309
102
3,694
3,889
4,385
4,872
4,913
4,967
4,774
4,540
4,269
7,458
6,795
5,513
5,841
7,307
8,330
8,307
8,560
10,943
4,302
4,749
4,670
726
807
854
1,028
1,188
1,250
49,573
45,969
54,167
67,453
77,373
77,870
77,150
74,546
75,150
3,872
3,936
10,124
9,562
1,318
1,431
74,200
78,200
1,040
636
354
117
440
588
-8
298
257
109
123
142
Health,
Education,
4 Welfare
Department
Commerce
Depart-
310r
276
388
291
256
845
91
24
26
28
28
76
86
Defense Department
Agriculture Department
Housing &
Urban Development
Department
1,211
1,376
1,530
21,695
22,732
27,959
34,608
40,576
46,594
52,338
61,866
71,779
283
665
2,856
2,777
4,140
1,529
2,603
2,890
3,642
1,753
1,623
83,580
93,822
3,364
-2,247
4,768
5
389
276
277
-75
449
81
124
83
113
84
150
L.268
104
110
145
5,991r
6,107
6,872
6,507
6,871
8,264
219
5,897
6,013
6,179
5,946
6,189
8,211
2,688
1,532
403
1,083
681
207
89
147
103
115
100
114
5,193
5,662
5,204
6,066
6,250
5,965
109
140
185
186
162
112
5,456
6,013
6,271
7,044
7,037
6,972
513
623
358
158
353
366
379
1,365
128
6,332
128
7,121
1,957
7,958
795
40,672
1,022
45,913
98
115
97
Justice
Department
685
694
661
432
235
837
1,136
225
1,256
300
367
365
36
Interior
Department
120r
99
95
110
120
325
355
366
403
430
640
916
,180
4,044
3,532
3,109
3,286
3,272
3,475
4,356
7,923
10,033
,496
,737
9,563
8,115
515
92r
129
123
106
107
896r
942
1,053
906
940
998
-179
108
107
131
130
126
109
851
799
609
605
662
676
459
-1,174
121
807
2,831
-2, 187
832
5,008
433
83
-988
177
9
-309
78
Treasury Department
State
Depart-
Transportation
Department
1/
Interest
on public
debt 2/
347
384
410
419
424
437
448
468
568
742
785
793
5,428
5,732
5,970
6,417
7,247
7,531
10,666
11,346
12,014
13,391
14,573
16,588
19,304
20,959
21,849
621
8,042
8,139
24.200
26,100
599
479
529
488
549
662
1,874
1,771
1,811
1,813
1,794
1,856
50
50
749
804
738
814
730
653
1,872
1,867
1,911
1,933
1,934
1,957
51
692
5,179
654
1972-Jan.
Feb.
Mar.
Apr.
May.
June
34
27
51
44
37
10
July
Aug.
Sept
116
Oct.
Nov.
Dec.
70
53
43
434
urce:
Other
-114
87
Atomic
Energy
Commission
National
EnvironGeneral Aeromental
Services nautics
Protection
Admin.
Sf Space
Agency
Admin.
336
206
31
275
2,763
2,625
2,403
2,264
2,466
2,450
2,453
2,275
2,392
701
763
361
300
-242
131
413
425
446
501
589
7,050
2,194
1,148
40
6,477
2,374
2,127
499
183
202
65
210
201
211
330
63
62
59
184
44
36
73
42
42
164
2,562
146
199
171
191
187
196
43
83
83
74
71
89
54
48
54
-75
2,070
2,140
210
63
82
13,544
4,719
1,300
507
352
413
-327
82
-18r
85
89
138
125
13
-10
-3
80
55
See Table FF0-1.
Outlays consist of disbursements less proprietary receipts from the
public and certain intrabudgetary transactions.
Above table has been
revised to reflect the elimination of the distinction between the loan
account and the expenditure account;
see note to Table FF0-1. Agency
shifts are shown in this table beginning with the period of such
shifts;
figures prior to the shifts have not been adjusted.
Figures prior to fiscal 1967 represent expenditures for the Federal
te:
62
101
89
United
States
Postal
Service
4,171
5,091
5,932
5,423
4,721
4,247
3,749
578
805
888
1,141
1,080
920
3,,'Si,
Veterans
Administration
Other
independent
agencies
3,422
2,183
1,772
5,660
5,708
5,960
6,845
6,858
7,669
8,653
9,756
10,710
3,559
4,197
5,413
6,257
3,970
5,736
6,696
8,114
3,061
1,710
ll,7'i«
10,016
3,135
1,373
11,703
9,365
259
276
310
238
270
292
107
171
131
117
38
416
1,020
861
1,042
926
970
560
460
704
665
613
837
289
289
273
271
272
-59
189
284
49
54
99
-243
882
855
831
893
1,276
986
651
1,001
930
760
798
955
271
499
1,154
960
1,943
588
6,877
6,054
1
,
10
Labor
Department
Undistributed intra-
budgetary
transactions
2/
•2,877
Treasury Bulleth
6
.FEDERAL FISCAL OPERATIONS.
Table FFO-4.
-
Undistributed Intrabudgetary Transactions
(In millions of dollars)
March 1973
.FEDERAL FISCAL OPERATIONS.
c*\
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o
l> CO
[
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81
1
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Treasury Bulletin
8
.FEDERAL FISCAL OPERATIONS.
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March 1973
.FEDERAL FISCAL OPERATIONS.
Table FFO-6.
Investment Transactions of Government Accounts
-
(m
Health, Education, and Welfare Department
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund
1964
1965
1966
1967
1968
1969
1970
1971
1972
692
458
-858
3,741
1,584
2,898
3,953
1,274
1,827
1973 (Est.)....
1974 (Est.)
Federal
Disability
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
-137
-263
-413
296
millions of dollars)
Housing and Urban Development Department
Federal
Supplementary
Medical
Insurance
Trust Fund
1,121
1,342
1,263
934
786
497
87
590
693
377
-146
3,094
2,738
761
312
1,668
3,529
-459
1,033
-7
531
1,613
-208
-51
116
112
80
-119
38
33
-59
-165
71
125
1
July
Aug
Sept
Oct
Nov
Dee
-90
1,523
-1,607
3,044
-557
-688
1973^Ian
Fiscal 1973 to
date
Fiscal year
or month
193
359
158
534
1,089
1,033
822
1973 (Est.)...
1974 (Est.)...
165
-59
388
723
-589
-747
-5
1,380
1,201
1972-Jan
Feb
Mar
Apr
May
June
9
272
106
227
-7
-18
July
Aug
Sept
Oct
-86
228
75
19
4
4
84
3
6
66
15
21
333
570
74
-89
-364
830
-198
-233
332
-161
-475
2
22
62
55
15
-269
185
Federal
Deposit
Civil
Insurance
Service
Commission Corporation
Federal
Savings
and Loan
Insurance
Corporation
National
Credit
Union
Administration
All
Other
Railroad
Retirement
Board
69
149
154
173
135
1,189
1,249
1,121
1,078
873
1,975
1,960
2,932
3,123
183
180
227
238
258
313
328
180
438
244
208
204
212
265
283
173
196
148
3,682
3,907
520
193
7
329
10
578
-10
35
-103
68
61
215
-5
4
44
4
6
25
4
-7
-3
537
-24
6
40
-70
122
29
20
29
32
3
-10
-1
-1
138
18
7
12
2
-59
2
74
-24
152
1,375
43
-6
4
8
11
142
174
-7
-2
-3
_*
659
65
-39
328
-23
27
575
-5
56
-214
308
-519
-136
-493
-342
1,313
-143
Other independent agencies
24
112
Fiscal 1973 to
date
^7
283
210
113
,250
18
1,370
)973^Jan
4
-270
12
14
Nov
Dec
-1
-30
11
13
3
9
-2
National
Service
Life Insurance
Fund
5
-93
109
170
,747
,428
5
59
10
28
86
83
62
1,302
-255
-74
-30
-21
-137
2
1
-lOr
52
69
126
204
-109
224
-231
168
-236
-83
-53
-225
32
28
14
-496
32
1
-370
-300
944
1,330
14
-8
-10
-3
4
Veterans
Administration
United
States
Postal
Service
3
-3
-9
-7
-8
Other
582
967
1,468
156
146
938
488
24
5
155
Transportation
Department Treasury
Department
Highway
Trust Fund
Unemployment Trust
Fund
-17
346
14
1,334
470
465
-369
197
-202
-256
-161
-19
Federal
Insurance
Administration
228
-1
-51
-4
50
-27
25
50
62
Labor Department
39
26
68
-292
Partici-
pation
Sales
Fund
20
-2
41
-23
-11
19
47
-48
396
-151
104
4
82
Government National
Mortgage Assn.
32
192
141
-143
137
38
-252
-391
577
-69
-344
-28
484
257
1964
1965
1966
1967
1968
1969
1970
1971
1972
154
290
Federal
Housing
Administration
138
-194
-129
45
135
165
131
128
109
561
1972-Jan
Feb
Mar
Apr
May
June
Other
479
-197
77
-345
244
221
591
in Federal Securities (Net)
34
1.620
189
4
1
4
63
9
12
75
45
2
59
6
10
268
-9
-110
-171
-10
-58
-160
-15
795
-163
-42
-68
5
2
29
7
-59
-6
-181
100
-517
26
Total
Treasury Bulleth
10
.FEDERAL FISCAL OPERATIONS,
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March 1973
11
.FEDERAL FISCAL OPERATIONS.
Table FFO-8.
-
Loan Disbursements and Repayments, Net
Lending, and Loan Balances of Federal Credit Programs
1/
Treasury Bulleti
12
.FEDERAL FISCAL OPERATIONS.
Table FFO-8.
-
Loan Disbursements and Repayments, Net Lending,
and Loan Balances of Federal Credit Programs
-
(Continued)
1/
(In million of dollars)
Fiscal Year 1973
January 31, 1973
Comparable Period
Fiscal Year 1972
Cumulative to date
1
Loan
Classification
Disbursements
(Continued
Housing and Urban Development Department:
Government National Mortgage Association:
Special assistance functions
Management and liquidating functions fund
Participation sales fund
Housing management
Community development:
Urban renewal programs
Rehabilitation loan fund
Public facility loans
Total
—
Housing and Urban Development Department
102
101
11
33
68
4
1
1
236
Interior Department
Bureau of Reclamation
Other
Total
—
Interior Department
Transportation Department
Treasury Department
General Services Administration
United States Postal Service
Veterans Administration:
Direct loan program
Loan guaranty program
Government life insurance fund
National service life ins'irance
Other
Total
—
Total
—
4
Veterans Administration
Other independent agencies:
Loans to District of Columbia
Export-Import Bank of the United States
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation.
Interstate Commerce Commission
National Capital Planning Commission
Small Business Administration:
Business loan and investment fund
Disaster loan fund
Loan Account
Loan
Repayments
.
171
293
Net
Lending
Loan
Loan
Disburse- Repayments
ments
Net
Lend ing
Loan
Balances
End of
Period
Loan
Disbursements
Loan
Repayments
March 1973
13
.FEDERAL FISCAL OPERATIONS.
Table FFO-9.
Detail of Excise Tax Receipts
-
(In thousands of dollars)
Second Quarter of
fiscal year
Fiscal Year
Type of Tax
1972 1/
1973 1/
1970 1/
1972 1/
3,501,538
163,337
1,081,507
3,515,487
177,273
1,107,722
3,760,915
181,223
1,167,863
1,039,068
52,628
274,814
1,019,679
49,946
248,949
4,746,382
4,800,482
5,110,001
1,366,509
1,318,574
56,834
2,036,101
1,277
54,775
2,149,527
2,282
54,173
2,151,158
1,942
14,420
542,217
530
14,387
657,639
2,094,212
Alcohol taxes 2/
Distilled spirits
Wines
Beer
1971 1/
2,206,585
2,207,273
557,167
672,566
259
11
L2
3,741,160
95,474
681,320
563,223
497,138
94,099
974,927
22,974
167,054
458,258
176,273
22,972
1,041,809
27,618
193,731
350
102,611
25,302
(Oct. -Dec. 1971)
(Oct. -Dec. 1972)
:
Total alcohol taxes
Tobacco taxes
Cigars
Cigarettes
Other 2/
:
2/
Total tobacco taxes
Documentary and certain other stamp taxes
|fenufacturers
Gasoline 5/
'
excise taxes
V
:
Lubricating oil, etc
Tires, tubes, and tread rubber 5/
Passenger automobiles, chassis, bodies, etc. 6/
Trucks and buses, chassis, bodies, etc. 5/6/7
Parts and accessories for automobiles, trucks, etc. 7/..
Radio and television sets, phonographs, components, etc.
s/
•
Refrigerators, freezers, air-conditioners, etc. 9/
Electric, gas, and oil appliances 8/
Pistols and revolvers
Phonograph records 8/
Musical instruments 8/
Sporting goods (other than fishing rods, creels, etc.) 8/
Fishing rods , creels , etc
Business and store machines 8/
Electric light bulbs and tubes 10/
Firearms (other than pistols and revolvers) 11/
Shells and cartridges 11/
Mechanical pencils, pens, and lighcers 8/
Matches 8/
Total manufacturers
'
220
540
exc ise taxes
Retailers' excise taxes
Furs 8/
Jewelry, etc . 8/
Luggage, etc. 8/
Toilet preparations 8/
Noncommercial aviation gasoline 12/
Noncommercial aviation fuel other than gasoline 13/
Diesel and special motor fuels 5/ 14/
3,430,076
87,510
614,795
1,753,327
659,986
84,069
3,547,678
88,185
593,377
1,695,112
625,290
84,078
-5
-30
-94
6,697
-1
129
-10
-7
7,220
1
-30
13,924
-1
14,303
-12
21
-41
7,563
-37
-25
-2
13,023
-17
32,806
}
29,484
5
6,684,799
-6
1,839
2,162
-17
5,285
5,482
6,259
5,851
*
6,683,061
2,008
1
5
35,771
4,232r
5,728,657
l,839,286r
1,407,702
:
Total retailers
'
excise taxes
Miscellaneous excise taxes
Admissions to theaters, concerts, etc. 15/
Admissions to cabarets, roof gardens, etc. 15/
Club dues and initiation fees 16/.
Telephone and teletypewriter exchange service 17/
Transportation of:
Persons by air 18/
Property by air 19/
Use of International air travel facilities 20/
Use of safe deposit boxes 21/
Coconut and other vegetable oils processed 22/
Sugar
Narcotics and marihuana, including occupational taxes
2J/
Coin-operated amusement devices - bowling alleys, pool
tables , etc . 21/
Coin-operated gaming devices
Wagering occupational tax
Wagers
Use tax on civil aircraft 24/
Use tax on highway motor vehicles having a "taxable
gross weight" exceeding 26,000 pounds 5/
Adulterated butter and filled cheese (imported and
domestic), process or renovated butter and imported
oleomargarine
Firearms transfer and occupational taxes
Interest equalization 25/
Foreign Insurance
1
26
82
154
-1
-69
4,753
8,838
2,495
2,855
n.a.
257,712
10,918
266,388
19,381
298,608
4,957
81,346
4,982
83,589
257,820
282,144
88,796r
91,427
-35
-36
206
1,469,562
-21
:
Footnotes at end of table
-10
-4
-2
511,146r
404,881
1,624,533
-18
-81
-37
1,650,499
250,802
423,082
21,585
25,713
515,269
29,455
42,271
128,765
6,987
14,321
139,821
9,279
10,779
113,309
113,556
115,752
32,368
30,989
2,075
1,853
466
131
48
27
20
14,256
570
4,063
15,183
369
4,572
17,720
19
14,847
348
4,315
20,375
505
102
1,428
4,235
975
23
1,147
5,678
135,086
145,058
157,279
22,212
31,476
22
11,653
3,311
22
13,755
83
22
13
91
122
161
85,906
8,614
60,118
9,579
71,885
15,725
2
(Continued on following page)
-7
2
1
4
5
3,556
Treasury Bulletin
14
.FEDERAL FISCAL OPERATIONS.
Table FFO-9.
-
Detail of Excise
(
Tax Receipts
-
(Continued)
In thousands of dollars
Fiscal Year
type of Tax
1972 1/
1970 1/
Miscellaneous excise taxes - (continued)
Private foundations
Net investment income 26/
Self dealing 28/
Excess business holding 29/
Taxable expenditures 22/
Failure to file certain information returns 31/
Failure to distribute income 32/
Investments which jeopardize charitable purposes 33/
:
Total miscellaneous excise taxes
Total received with returns and from sales of stamps...,
Unclassified excise taxes
Total excise taxes
2
1971 1/
1972 1/
(Oct. -Dec. 1971)
1973 1/
(Oct. -Dec. 1972)
March 1973
15
.FEDERAL OBLIGATIONS.
"Obligations" are the basis on which
controlled in the Federal Government.
point
at which the
tlie
use of funds is
They are recorded
Government makes a
at,
the
firm commitment to
acquire goods or services and are the first of the four key
events— order, delivery, payment, consumption— which charac-
of categories which are based upon the nature of the trans-
action without regard to its ultimate purpose.
for salaries and wages,
compensation, whether the personal services are used in current
operations or in the construction of capital items.
terize the acquisition and use of resources.
In general, they
consist of orders placed, contracts awarded, services received,
and similar transactions requiring the disbursement of
money.
The obligational stage of Government transactions is a
strategic point in gauging the impact of the Government's
operations on the national economy, since it frequently represents for business firms the Government commitment
which
stimulates business investment,
and employment of labor.
Disbursements
months after the Government
itself
usually causes
including inventory purchases
may
not occur for
places its order but the order
immediate pressure
on the
private
economy.
Federal agencies and firms
another;
and
in doing so,
often do business with one
the"buying" agency records obligations,
the "performing"
agency records
according to a uniform set
reimbursements.
In
Table FO-1, obligations that are incurred within the Govern-
ment are distinguished from those incurred outside the Government.
Tables FO-2,
Obligation
3,
and A show only those incurred outside.
data for
the administrative
budget
fund
accounts were first published in the September 1967 Treasury
Bulletin and
the trust fund accounts were
in the October 1967 Bulletin.
Bulletin, the data are on
first published
Beginning with the April 1968
the basis of the budget concepts
adopted pursuant to the recommendations
Obligations are classified
All payments
for example, are reported as personnel
Commission on Budget Concepts.
of the President's
16
Treasury Bulletin
.FEDERAL OBLIGATIONS.
Table FO-1.
-
Gross Obligations Incurred Within and Outside the Federal Government by
Object Class,
December
31, 1972 1/
(in millions of dollars
Gross obligations incurred
Object class
Personal services and benefits
Personnel compensation
Personnel benefits
Benefits for former personnel
22,673
1,434
3,118
Contractual services and supplies
Travel and transportation of persons
Transportation of things
Rent, communications, and utilities
Printing and reproduction
Other services
Supplies and materials
765
1,221
1,223
193
13,510
8,596
Acquisition of capital assets
Equipment
Lands and structures
Investments and loans
10, 270
247
791
539
1,540
8,321
2,545
79
29
10, 300
84
1,683
24,008
37,116
8,782
24,092
38,804
i
558
-3,062
3,450
36
Source: Reports on Obligations, Standard Form 225, from agencies.
1/ See footnote 2, Table FO-4.
2/ For Federal Budget presentation a concept of "net obligations
This concept eliminates transactions
incurred" is generally used.
within the Government and revenue and reimbursements from the public
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
424
^3.137
Gross obligations incurred 2/
"
.'
558
Other
Undistributed U.S. obligations
Obligations incurred abroad
Unvouchered
-
1,012
2,012
1,762
330
18,915
12,268
137
5,405
3,672
6,782
2,466
Grants and fixed charges
Grants , subsidies , and contributions
Insurance claijns and indemnities
Interest and dividends
Refunds
Table FO-2.
22,673
3,339
3,118
20,946
-2,637
4,037
587
36
i--;,
'
presentation and therefore may differ somewhat from the Budget
document.
Gross obligations incurred (as above)
Deduct
Advances, reimbursements, other income, etc.
Offsetting receipts
$164,083
Net obligations incurred
Gross Obligations Incurred Outside the Federal Government by Major Function
and Major Object Class, December
31,
1972
1/
34,188
17,356
112, 539
March 1973
11
.FEDERAL OBLIGATIONS.
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Treasury Bulletin
18
.FEDERAL OBLIGATIONS.
c
a
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4)
43
March 1973
.FEDERAL OBLIGATIONS.
Table FO-1.
-
Gross Obligations Incurred Within and Outside the Federal Government by
Object Class, January
31,
1973
1/
(In millions of dollars)
Gross obligations incurred
Object class
Within
Personal services and benefits
Personnel compensation
Personnel benefits
Benefits for former personnel
26,658
1,656
3,518
Contractual services and supplies
Travel and transportation of persons
Transportation of things
Rent, communications, and utilities
Printing and reproduction
Other services
Supplies and materials
901
1,406
1,423
222
15,329
10,007
Acquisition of capital assets
Equipment
Lands and structures
Investments and loans
7,905
2,925
11,550
Grants and fixed charges
Grants , subsidies and contributions
Insurance claims and indemnities
Interest and dividends
Refunds
27,132
43,704
10,427
695
Other
Undistributed U.S. obligations
Obligations incurred abroad
Unvouchered
-2,993
4,036
43
,
Gross obligations incurred 2/
Source:
Reports on Obligations, Standard Form 225, from agencies.
1/ See footnote 2, Table FO-4.
2/ For Federal Budget presentation a concept of "net obligations
incurred" is generally used.
This concept eliminates transactions
within the Government and revenue and reimbursements from the public
which by statute may be used by Government agencies without 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
166,546
278
20
Treasury Bulletin
.FEDERAL OBLIGATIONS.
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21
.FEDERAL OBLIGATIONS.
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Treasury Bulletin
22
_ FEDERAL OBLIGATIONS.
March 1973
23
.ACCOUNT OF THE TREASURER OF THE UNITED STATES
Source and Availability of the Balance
in the
Treasurer's Account
The working cash of the Treasury is held mainly in
Treasury, banks are permitted to deposit in these accounts
Treasurer's accounts with Federal Reserve banks and branches.
proceeds from subscriptions to public debt securities entered
As the balances in these accounts become depleted,
for their own account as well as for the account of their
they are
restored by calling in (transferring) funds from the tax and
loan accounts with thousands of commercial banks throughout
the country.
customers.
The tax and loan account system permits the Treasury to
leave funds in banks and in the communities in which they arise
Deposits to tax and loan accounts occur in the normal
until such time as the Treasury needs the funds for its opera-
course of business under a uniform procedure applicable to all
tions.
banks whereby customers of banks deposit with them tax pay-
effect of its fluctuating operations on bank reserves and the
ments and funds for the purchase of Government securities.
economy.
In most cases the transaction involves merely the transfer of
In this way the Treasury is able to neutralize the
A detailed description of the Treasury's depositary system
money from a customer's account to the tax and loan account in
may be found in the Annual Report of the Secretary of the
the same bank.
Treasury for 1955, pages 275-284.
On occasions, to the extent authorized by the
Table TUS-1.
-
Status of the Account of the Treasurer of the United States
[In millions of dollars)
Funds in process
of collection
through
Treasury operating balance 1/
Available funds in
demand accounts at:
End of
fiscal year
or month
Federal
Reserve
Banks
Special
depositaries,
Treasury Tax
and Loan
Accounts
Federal
Reserve
Banks
Other
depositaries 2/
10,238
1964
1965
1966
1967
1968
1969
1970
1971
1972
939
672
766
1,311
1,0~4
1.258
1,005
1,274
2,344
9,180
10,689
10,050
4,272
4.111
4,525
6,929
7,372
7,634
1971-Dec
2,020
9,173
1972-Feb..
Mar.
Apr.
May..
June.
884
1,293
135
2,144
2,344
6,075
6,391
9,724
7,420
7,634
July.
Aug..
Sept.
Oct..
Nov.
Dec.
2,298
1,730
1,395
1,613
1,182
1,856
6,547
3,025
8,105
6,051
6,786
8,907
144
222
259
309
310
310
1973-Jan..
Feb..
2,749
2,073
8,317
9,401
310
310
139
2
136
136
139
Other
depositaries 2/
Time deposits
and other
depositary
accounts
Coin,
currency,
and coinage
metal
Miscellaneous
items
Gold
Balance
u
Balance in
account of
Treasurer
of the
United
Treasury Bulletin
24
ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Table TUS-2.
-
Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
March 1973
25
.ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table TUS-3.
-
Summary
of the
Cash Transactions through the Account
Treasurer of the United States
of
fin millions of dollars)
Treasury Bulletin
26
.MONETARY STATISTICS.
Table MS-1.
-
Money
in Circulation
(In millions of dollars except per capita figures)
Currencies presently
being issued 1/
Currencies no longer issued
End of
fiscal year
or month
Federal
Reserve
bank
notes
National
bank
notes
Gold
certificates 2/
36
1964
1965
1966
1967
1968
1969
1970
1971
1972
19
22
21
21
21
68
64
61
59
57
13
4
4
4
4
Silver
certificates
Federal
Reserve
notes 2/
1,723
829
582
18
395
225
223
220
218
215
1
4
1
1
Treasury
notes of
1890
United
States
notes
321
302
303
300
Total
currencies
Federal
Reserve
notes ij
299
294
297
321
320
32,338
34,820
37,315
39,289
41,722
44,547
47,626
51,304
54,572
34,529
36,058
38,290
40,071
42,331
45,146
48,223
51,922
55,184
55
54
53
20
20
20
20
53
20
216
321
53,678
54,293
1972 -J an.,
Feb.,
Mar..
Apr.
May.
June.
53
53
53
53
53
53
20
20
20
20
20
20
216
216
216
216
215
215
321
321
320
321
320
320
52,041
52,369
52,914
53,019
54,120
54,572
52,655
52,983
53,528
53,633
54,733
55,184
July.
Aug..
Sept.
Oct..
Nov..
Dec .
52
52
52
52
52
52
20
20
20
20
20
20
215
215
215
215
214
214
320
320
320
320
320
320
54,771
55,037
54,871
55,802
57,289
58,619
55,383
55,649
55,483
56,413
57,899
59,229
52
20
214
320
56,428
57,038
1971-Dec
.
-"-n.
.
End of
fiscal year
or month
4
4
4
Fractional
coin
1
1
1
1
Total
Total
money in
circulation 5_/
Money in
circulation
per capita
(in dollars) 6/
482
482
482
482
482
482
482
482
633
2,723
3,180
3,782
4,160
4,827
5,308
5,646
5,990
6,383
3,205
3,662
4,264
4,641
5,309
5,790
6,128
6,472
7,016
37,734
39,720
42,554
44,712
47,640
50,936
54,351
58,393
62,201
1°6.41
204.14
216.10
224.55
236.82
250.65
265.39
282.03
297.84
1971-Dec .
566
6,209
6,775
61,068
293.48
1972 Jan..
581
598
611
618
626
633
6,193
6,214
6,249
6,285
6,343
6,383
6,774
6,812
6,860
6,902
6,969
7,016
59,429
59,795
60,388
60,535
61,702
62,201
285
638
644
649
656
665
671
6,414
6,451
6,467
6,516
6,573
6,615
7,052
7,095
7,116
7,172
7,237
7,287
62,435
62,744
62,599
63,586
65,137
66,516 7/
6,599
7,274
64,312
1964
1965
1966
1967
1968
1969
1970
1971
1972
,
,
,
,
,
,
,
Feb.,
Mar.
Apr.
May.
June.
July,
Aug.,
Sept,
Oct..
Nov..
Dec.
J9V3-Jan.
March 1973
21
FEDERAL DEBT.
Table FD-1.
Summary
-
of Federal
Debt
(In millions of dollars)
Securities held by:
Total outstanding
End of
fiscal year
or month
Government accounts
Total
Public
debt
securities
Agency
securities
Public
debt
securities
Agency
securities
The public 2/
IMF & International
lending organizations
1/
311,713
317,274
319,907
326,221
347,578
353,720
370,919
398,130
427,260
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
59,210
61,540
64,784
73,819
79,140
87,661
97,723
105,140
113,559
58,598
61,071
64,316
71,809
76,138
84,815
95,170
102,888
111,460
611
469
468
2,010
3,001
2,846
2,553
2,251
2,100
3,581
3,455
j 810
1968
1969
1970
1971
1972
320,344
326,609
333,284
344,676
371,978
367,969
383,428
410,292
438,154
1971-Dec.
435,177
424,131
11,046
108,463
106,188
1972- Jan.
Feb..
Mar..
Apr.
May.
June.
433,432
435,169
438,378
436,295
439,175
438,154
422,862
424,032
427,344
425,304
427,912
427,260
10,570
11,137
11,034
10,991
11,263
10,894
106,577r
108,325
107,739
107,715
111,213
113,559
July.
Aug..
Sept.
Oct..
Nov.
443,287
446,876
445,405
451,429
456,110
461,068
432,384
435,439
433,946
439,947
444,247
449,298
10,903
11,437
11,459
11,483
11,863
11,770
461,855
450,068
11,787
Total
1964
1965
1966
1967
Dec.
1973- Jan.
Public
debt
securi-
Agency
securities
,328
,209
825
825
825
825
257,553
261,614
264,690
267,529
290,629
279,483
284,880
304,328
323,770
249,533
252,748
251,782
251,084
269,231
268,080
274,924
294,417
314,976
8,020
8,866
12,909
16,445
21,398
11,403
9,956
9,911
8,794
2,275
825
325,889
317,118
8,771
104,436r
106,164
105,532
105,534
109,055
111,460
2,142
2,161
2,207
2,180
2,158
2,100
825
825
825
825
825
825
326,029r
326,019
329,814
327,755
327,137
323,770
31?,tG2r
317,042
320,987
318,945
318,032
314,976
8,428
8,977
8,827
8,810
9,105
8,794
114,962
117,618
115,771
118,944
118,327
119,088
112,785
115,410
113,548
116,709
116,125
116,897
2,177
2,208
2,224
2,235
2,201
2,190
825
825
825
825
825
825
327,499
328,433
328,809
331,660
336,958
341,155
318,773
319,205
319,574
322,413
327,297
331,576
8,726
9,229
9,235
9,248
9,661
9,579
118,356
116,210
2,145
825
342,674
333,033
9,642
_L
Daily Treasury statement and monthly statement of receipts ana
Source:
outlays of the Government (Prior to fiscal 1973, monthly statement of
receipts and expenditures of the Government).
1/ Represents non-interest bearing public debt securities issued to the
International Monetary Fund, and prior to FY 1967 to the International Development Association, and the Inter-American Development Bank
2/
in recognition of U.S. Government subscription commitments.
Since
June 1965 letters of credit have been issued in lieu of the special
notes.
All outstanding notes have been converted to letters of
credit with the exception of those for IMF.
Includes holdings of Federal banks.
Revised.
Table FD-2. Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts in millions)
Computed annual interest rate
End of
fiscal year
or month
1964
1965
1966
1967
1968
1969
1970
1971
1972
Total
interestbearing
public
debt
307,357
313,113
315,431
322,286
344,401
351,729
Computed
annual
interest
charge
Marketable issues
Total
interestbearing
public
debt
3.560
3.678
3.988
4.039
4.499
4.891
5.557
396,289
425,360
10,900
11,467
12,516
12,953
15,404
17,087
20,339
20,254
21,545
1971-Dec.
422,308
1972-Feb.
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.
Non-
Bills
1/
3.659
3.800
4.134
4.165
4.757
5.232
5.986
3.729
4.064
4.845
4.360
5.711
6.508
7.340
5.093
5.099
21,853
5.207
422,090
425,536
423,535
426,108
425,360
21,313
21,334
21,364
21,519
21,545
5.042
5.073
5.078
5.093
430,577
433,572
432,127
438,136
442,420
447,298
21,935
22,427
22,565
23,120
23,561
24,006
5.122
5.202
5.252
5.309
5.359
5.402
448,lc,l
24.298
24,884
)69,026
Dec.
Feb..
<52,923
Footnotes at end of Table FD-8.
Certificates
Treasury
bonds
marketable
issues 2/
Special
issues
4.188
3.471
3.642
3.655
3.686
3.681
3.722
3.762
3.759
4.018
3.462
3.493
3.713
3.745
3.876
3.979
4.327
4.608
4.636
3.238
3.372
3.693
3.854
4.133
4.555
5.235
5.375
5.475
5.290
4.763
6.367
3.855
4.614
5.471
5.110
5.051
5.070
5.069
5.099
4.280
4.157
4.156
4.172
4.188
6.331
6.331
6.324
6.312
6.312
3.954
3.995
3.956
3.980
4.018
4.544
4.607
4.634
4.636
5.458
5.514
5.504
5.475
4.279
4.417
4.566
4.746
4.956
5.079
6.312
6.334
6.343
6.336
6.337
6.328
4.019
4.235
4.253
4.253
4.254
4.309
702
5.475
5.485
'.504
5.265
5.
3.854
3.842
4.321
4.764
5.294
5.668
6.420
6.519
6.312
6.328
HI
.
5.532
.
.
5.254
.
5.461
5.520
,
-
4.851
5.250
7U
776
795
815
,827
.
5.563
5.614
5.656
Treasury Bulletin
28
.FEDERAL DEBT.
Table FD-3.
-
Interest-Bearing Public Debt
(In millions of dollars)
Public issues
End of
fiscal year
or month
Total
interestbearing
public
debt
Total
public
issues
icates
Bills
88.464
102,481
101,897
97,418
91,079
78,805
62,956
53,989
49,135
54.240
55,768
55,183
55,459
58,282
58,833
60,103
68,032
78,560
49,299
50,043
50,537
51,213
51,712
51,711
51,281
97,505
113,965
50,568
261,215
265,380
262,989
261,924
257,202
98,122
102,371
98,321
98,094
94,648
112,911
112,935
114,680
113,419
113,419
339,570
339,926
339,821
342,725
347,569
351,350
257,717
258,095
257,720
260,863
265,621
269,509
95,234
96,241
96,363
97,549
100,666
103,870
353,153
357,102
271,121
269,881
104,901
105,008
260,729
264,463
264,311
266,131
284,874
284,940
292,702
313,505
335,762
206,489
208,695
209,127
210,672
226,592
226,107
232,599
245,473
257,202
50,740
53,665
54,929
58,535
64,440
68,356
76,154
86,677
1971-Dec.
422.308
336,652
262,038
1972- Feb..
422,090
425,536
423,535
426,108
425,360
336,495
340,633
340,399
339,470
335,762
430,577
433,572
432,127
438,136
442,420
447,298
448,191
452,928
Dec.
1973-Jan.
Feb..
)4,i
',
I
1,652
5,610
-
Depositary
bonds
103
59
44
45
30
28
53,003
55,921
3,546
3,256
2,692
2,589
2,516
2,459
2,387
2,347
2,310
74,614
54,275
50,182
50,073
49,988
50,411
49,135
75,281
75,254
77,410
77,545
78,560
54,755
55,075
55,349
55,658
55,921
113,420
115,668
115,667
117,695
119,410
121,507
49,064
46,186
45,689
45,619
45,545
44,133
81,853
81,831
82,101
81,862
81,948
81,840
121,515
120,226
44,705
44,647
82,032
87,221
Source: Daily Treasury statement.
1/ Consists of certificates of indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U.S. dollars.
2/ Consists of the dollar equivalent of Treasury certificates of indebtedness; Treasury bonds from October 1962 - April 1967; and Treasury
notes beginning November 1966 issued and payable in designated foreign
currencies.
Table FD-4.
Total
Treasury
bonds
savings investbonds
ment
series
67,284
52,549
50,649
49,108
71,073
78,946
93,489
104,807
113,419
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
July.
Aug..
Sept.
Oct..
Nov..
Treasury
bonds
Certif-
1964
1965
1966
1967
1968
1969
1970
1971
1972
Mar.
Apr.
May.
June.
Nonmarke table
Marketable
jy
Foreign
series
securities 1/
Foreign
Currency
series
securities 2/
Special
issues
Other
25
23
22
624
2,001
1,703
3,389
7,606
16,913
832
1,137
957
890
1,740
2,367
1,366
1,664
2,072
141
137
97
282
564
1,656
3,389
1,322
46,627
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89,598
2,320
22
14,738
2,013
1,246
85,656
2,316
2,312
2,311
2,310
24
25
25
22
22
14,703
14,456
16,332
16,162
16,913
2,148
2,072
2,072
2,072
2,072
1,333
1,312
1,321
1,320
1,322
85,595
84,902
83,137
86,638
89,598
56,188
56,457
56,698
56,974
57,295
57,579
2,309
2,308
2,308
2,306
2,306
2,305
22
22
22
22
22
22
20,039
19,728
19,745
19,304
19,120
18,921
1,999
2,000
2,001
1,850
1,852
1,710
1,297
1,316
1,328
1,407
1,353
1,304
91,007
93,646
92,307
95,410
94,851
95,948
57,839
58,163
2,301
2,292
22
18,756
23,792
1,7.3
1,561
1,401
1,392
95,038
95,826
2,3H
22
392
,132
817
Includes Treasury bonds, Rural Electrification Administration series
beginning July 1960; retirement plan bonds beginning January 1963;
Treasury certificates beginning June 1963; Treasury certifcates eurodollar series from April 1971 -September 1971; Treasury bonds beginning
January 1964; State and local Government series (certificate of indebtedness and Treasury notes) beginning August 1972; and U.S. savings
notes beginning May 1967 and discontinued after June 30, 19701
Treasury notes beginning December 1972.
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
March 1973
29
.FEDERAL DEBT.
Table FD-5.
Special Public Debt Issues
-
(In millions of dollars)
End of
fiscal year
or month
Total
1964
1965
1966
1967
1968
1969
1970
1971
1972
46,627
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89,598
1971-Dec.
Exchange
Stabilization
Fund
292
232
560
833
722
Federal
employees
retirement
funds
1,242
1,424
13,530
14,577
15,189
15,569
15,668
17,354
18,931
21,644
24,691
85,656
2,513
1972-Feb.
Mar.
Apr.
May.
June
85,595
84,902
83,137
86,638
89,598
July
Federal
Deposit
Insurance
Corporation
270
Federal
disability
insurance
trust fund
Federal home
loan banks
Federal
hospital
insurance
trust fund
Federal
old-age and
surv ivors
insurance
trust fund
82
100
924
85
174
120
74
156
274
1,903
1,563
1,150
1,376
1,891
3,042
4,435
5,713
6,697
44
62
786
1,192
1,259
1,890
2,583
2,980
2,834
22,917
216
5,946
112
2,947
14,799
15,261
14,403
17,840
19,221
21,986
25,939
27,248
29,126
26,573
2,509
2,578
831
940
1,424
23,055
23,123
23,124
23,244
24,691
328
230
234
277
274
6,011
6,123
6,203
6,357
6,697
108
99
103
77
62
2,862
2,803
2,638
2,709
2,834
27,147
27,139
27,671
29,284
29,126
Oct.
Nov.
Dec.
91,007
93,646
92,307
95,410
94,851
95,948
1,759
2,082
2,808
2,780
2,787
2,903
25,220
25,261
25,217
25,537
25,525
26,110
275
197
147
159
59
6,700
6,782
6,735
7,130
6,979
7,083
63
30
26
45
30
24
2,691
2,828
2,865
2,613
2,221
2,799
29,036
30,559
28,952
31,996
31,440
30,752
1973- Jan.
Feb.
95,038
95,826
2,908
2,932
26,148
26,171
88
7,056
7,003
14
22
2,992
2,989
30,460
30.649
Aug.
Sept
End of
fiscal year
or month
Federal Savings
and Loan
Insurance
Corporation
Government
1 ife insurance
fund
Highway
trust fund
312
57
54
264
National
service life
insurance
Postal
service fund
52
152
52
199
Railroad
retirement
accounts
Unemployment
trust fund
Other
1/
fund
1964
1965
139
956
933
938
814
876
842
797
758
717
609
265
238
722
978
1,513
2,602
3,635
4,456
5,783
5,909
6,113
5,744
5,856
5,754
5,915
6,068
6,155
45
744
3,753
6,160
49
70
76
135
139
728
716
712
707
717
4,034
4.039
4,123
4.229
4,456
148
135
136
141
170
156
715
711
708
703
700
"10
4.371
4.446
4,465
4.372
4,481
4.652
705
699
4.764
5,020
332
287
223
1966
1967
1968
1969
1970
1971
1972
3
36
73
80
89
1971-Dec.
1972- Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept,
Oct.
Nov.
Dec.
1973- 'an.
Feb.
140
90
Source:
Daily Treasury statements.
1/ Consists of Federal Housing Administration fund; Employees life
insurance fund; Veterans' special life insurance fund; Veterans'
reopened insurance fund beginning May 1965; Federal supplementary
medical insurance trust fund beginning July 1966; Servicemen's group
963
2,969
3,123
3,277
3,339
3,303
3,434
3,751
3,852
3,742
4,931
5,799
7,075
7,785
8,807
9,957
10,520
8,514
7,186
583
772
497
842
1,133
1,897
3,361
7,406
1,067
6,072
6,013
6,015
6.018
6,155
1,590
1,452
1,424
1,300
963
3,180
3,122
2,963
2.947
3,742
6,358
6,016
7,329
7,186
1,070
1,038
1.007
1.087
1,133
6,162
6,174
o,178
6,197
6.339
2,178
1,974
1,854
1,814
1,794
1.842
3,579
3,536
3.469
3,471
3.412
3.406
6,822
7.652
7.454
7.221
7,552
7,392
1,290
1,280
1.293
1.241
1.503
1,727
6,329
6,328
1,530
?.,4?2
3.225
3,191
6.917
",125
1.762
1,890
•
.
186
6,851
172
287
188
802
life insurance fund from August 1969 - January 1973; Employees health
benefits fund beginning October 1970; Export-Import bank of the
United States from February 1967 - October 1968; General Services Administration participation certificate trust; and Washington Metropolitan
Area Transit Authority beginning November 1972.
Treasury Bulletin
30
.FEDERAL DEBT.
Table FD-6.
Interest-Bearing Securities Issued by Government Agencies
-
1/
n millions of dollars)
Housing and Urban Development Department
Defense
Department
Family housing
mortgages and
Homeowners
assistance
mortgages
End of
fiscal year
or month
Federal
Housing
Administration
Government
National
Mortgage
Association
Other independent agencies
Farm Credit Administration
Federal
National
Mortgage
Assn. 2/
United
States
Postal
Service
Export-Import
Bank of the
United States
Secondary
market
operat ions
827
1,022
1,385
2,164
2,571
2,472
1,893
2,625
1,819
1,699
1,797
3,269
4,079
5,887
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
2,238
2,183
2,112
2,036
1,951
1,863
1,775
1,683
1,588
570
441
492
548
577
517
487
454
11,046
1,638
470
5,915
10,570
11,137
11,034
10,991
11,263
10,894
1,629
1,622
1,611
1,603
1,595
469
466
462
457
456
454
5,390
5,390
5,390
5,370
5,370
4,920
250
250
250
250
250
Oct.
Nov.
Dec.
1,580
1,573
1,565
1,557
1,550
1,535
458
458
461
462
460
456
4,885
4,885
4,885
4,885
4,855
4,830
250
250
250
250
250
250
1,817
2,358
2,325
2,325
2,625
2.625
1973-Jan.
11,787
1,527
454
4,830
1/
1,418
1,716
1,619
1,619
1,819
1,819
10,903
11,437
11,459
11,483
11,863
11,770
Banks for
cooperatives
250
1964
1965
1966
1967
1968
1969
1970
1971
1972
1971 -Deo
.
1972-Jan.
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept
Other independent
agencies - (Continued
End of
fiscal year
or month
Federal
Home Loan
Bank Board
300
2,110
4,830
7,320
6,005
4,920
250
1,420
(Memorandum)
)
Tennessee
Valley
Authority
Banks for
Federal home
cooperatives loan banks
2/
4/
180
225
285
417
1964
1965
1966
1967
1968
1969
1970
1971
1972
1,855
1971-Dec.
1,595
1972-Jan.
1,656
1,685
1,695
728
996
4,240
4,942
5,705
6,188
1,820
7,679
5,565
7,075
1,887
1,860
1,860
1,352
7,678
7,324
7,281
7,278
7,093
7,077
5,600
5,660
5,758
5,94«
6,088
6,188
7,074
1,730
1,858
1,925
1,964
7,077
7,087
7,077
7,076
7,540
7,517
6,244
6,217
6,133
6,021
5,941
5,373
1,969
7,516
5,960
1,411
1,529
,
1,765
Sept
Oct.
Nov.
Dec.
1,905
1,905
1,965
1,995
2,115
2,065
1973-Jan.
Bureau of. Accour.
Source:
1/ Includes unredeemed matured securities outstanding on which interest
has ceased.
2/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
Housing and Urban Development Act' of 1968 (P.L. 90-448).
_
Federal
land
banks
2,974
3,532
4,106
4,612
5,319
5,720
6,192
6,652
7,393
June
July
Aug.
Federal
intermediate
credit banks
4,201
4,757
6,310
4,588
4,702
5,524
9,914
7,923
7,077
.
Feb.
Mar.
Apr.
May.
525
709
881
1,072
1,230
Federal
National
Mortgage
Association
2/ 5/
8,076
13,165
U.996
18,560
17,701
Federal
Intermediate credit
banks 2/
2,369
2,529
2,893
3,363
3,779
March 1973
31
FEDERAL DEBT
Table FD-7.
Participation Certificates
-
(In millions of dollars - face amounts)
Agriculture
Department
Fiscal year
or month
Participation certificates issued by GNMA acting as trustee
Exports Import Bank
of the United States
Commodity Credit
Corporation
Retire-
964
965
966
967
968
969
970
971
972
Retire- Outments
standing
Out-
ments
standing
373
450
761
1,411 1/
570
,181
2,181
66
255
398
650 2/
533
369
321
268
608
827
1,022
1,385
2,146
2,183
1,814
1,493
1,226
618
Retirements
300
1,840
2,900
3,250
1,330
.280
315
1
717
715
618
618
618
618
.972- Jan.
Feb.
Mar.
Apr.
May.
June
Oct.
Nov.
Dec.
450
579
July
Aug.
Sept
Retirements
Outstanding
300
2,110
4,830
7,900
8,600
7,320
6,005
600
525
225
35
184
401
80
168
,' v
20
616
614
581
581
581
581
.973-Jan.
30
180
180
630
Out-
Retirement
standing
600
1,125
1,166
765
685
517
100
100
Outstanding
100
200
212
209
207
201
15
5,390
5,390
5,390
5,370
5,370
4,920
546
546
546
546
546
517
202
202
202
202
202
201
4,885
4,385
517
517
517
517
517
517
201
201
201
201
201
201
517
201
K, 885
30
25
Health, Education,
and Welfare
Department 2/
Farmers Home
Administration 1/
Total
4,855
.
4,830
_L
Participation certificates issued by GNMA acting as trustee - (Continued)
Housing and Urban Development Department
Fiscal year
or month
Office of Secretary lj
Retire-
Out-
Retire-
standing
ments
Outstanding
Sales
Retirements
Retirements
Ou-U
standing
Retirements
Out-
standing
457
967
968
969
970
971
972
680
1,140
640
27
324
963
405
680
1,820
2,433
2,109
1,146
741
200
605
740
465
140
20
50
50
134
190
81
193
1,433
33
1,418
1,418
1,418
1,418
L973-Jan.
741
Aug.
Sept
344
1,626
1,433
15
Oct.
Nov.
Dec.
.lune
July
350
800
1,160
1,007
782
691
485
!
I.
100
885
260
590
260
10
60
60
79
136
99
107
32
518
518
518
518
485
12
485
13
11
20
10
100
975
1,175
1,704
1,885
1,749
1,650
1,543
42
436
167
99
667
Out-
377
419
855
1,021
923
1,590
1,565
1,565
1,565
1,553
1,553
1,543
1,523
1,523
1,52?
1,523
1,506
1,492
1,492
1,394
Bureau of Accounts.
Includes the Direct Loan program through September 1972, the Aricultural Credit Insurance fund beginning October 1972, and the Rural Housing
Loan programs.
Includes Construction of Higher Education Facilites, Health Professions
Education Fund, and Nurse Training Fund, beginning April 1968.
Includes $107 million refunding transaction.
Includes College Housing, Elderly Housing, and Public Facility programs.
Includes Special Assistance, and Management and Liquidating programs.
iource:
50
70
70
203
225
91
206
33
741
741
741
741
741
741
Mar.
Apr.
May.
350
520
430
173
115
61
Feb.
200
785
1,475
1,891
1,397
1,474
1,474
1,474
1,466
1,085
1,085
1,085
1,085
1,085
741
.972- Jan.
J
Veterans
Administration 7/
Government National
Mortgage Association 5/
ments
964
965
966
Small Business
Administration 6/
(Memorandum)
Commodity Credit Corp.
(net certificates of
interest authorized under
Charter Act) 8/
6/
8/
Includes programs for Disaster Loans, and Business Loans and Investments.
les Direct Loan and Loan Guaranty programs.
In the case of Commodity Credit Corporation, participation certificates
are called "certificates of interest" and are not included in
Participation Sales Act of 1966. Amounts shown as sales and retirements
represent the net excess transactions for the period. On July 1, 1969,
the amount outstanding was reclassified as agency securities.
Treasury Bulletin
32
FEDERAL DEBT.
Table FD-8.
-
Debt Subject
to Statutory Limitation
(in millions of dollars)
Interest bearing debt
subject to limitation
Total outstanding subject to limitation
End of
fiscal year
or month
Statutory
debt
limit
Total
Public debt
securities
Agency securities
& debt of Distric
of Columbia 1/
Public debt
securities
Agency
securitie
1/
Matured debt and bearing no
interest subject to limitation
District of
Columbia 2/
Public debt
securities
3,137
1,972
1,939
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
792
569
441
492
3,798
3,827
3,117
1,952
1,919
20
20
20
20
20
20
20
20
20
3,995
3,878
4,210
3,673
2,524
1,355
1,262
1,214
1,278
423,506
1,955
422,308
1,936
20
1,198
425,358
428,667
426,623
429,230
428,576
423,408
426,720
424,681
427,288
426,638
1,951
1,947
1,942
1,941
1,939
422,090
425,536
423,535
426,108
425,360
1,931
1,927
1,922
1,921
1,919
20
20
20
20
20
1,317
1,184
1,145
1,181
1,278
433,704
436,760
435,270
441,272
445,571
450,618
431,761-
Dec.
450,000
450,000
450,000
450,000
465,000
465,000
434,817
433,324
439,325
443,626
448,677
1,943
1,943
1,946
1,947
1,945
1,941
430,577
433,572
432,127
438,136
442,420
447,298
1,923
1,923
1,926
1,927
1,925
1,921
20
20
20
20
20
20
1,184
1,245
1,197
1,189
1,206
1,379
1973- Jan..
Feb..
465,000
465,000
451,386
456,158
449,447
454,217
1,939
1,940
448,191
452,928
1,919
1,920
20
20
Agency
securities
,290
813
590
462
358,000
377,000
377,000
430,000
450,000
312,164
317,581
320,102
326,471
350,743
356,932
373,425
399,475
428,576
311,351
316,991
319,641
325,959
346,925
353,084
370,288
397,503
426,638
3,819
1971- Dec.
430,000
425,462
1972- Feb..
430,000
450,000
450,000
450,000
450,000
1964
1965
1966
1967
324,000
324,000
328,000
1968
1969
1970
1971
1972
J36,000
Mar.
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.
512
3,847-
Source: Daily Treasury statement.
Note:
For debt subject to limitation for fiscal years 1940-1963, see Table
21 of the Statistical Appendix to the Annual Report of the Secretary
of the Treasury on the State of the Finances for fiscal 1972 .
For a
summary of legislation on debt limitation under the Second Liberty
1/
2/
256
Bond Act and the amounts of limitation see Table 32 of the
Statistical Appendix.
Of $3,250 million in participation certificates subject to
limitation issued in fiscal 1968, $1,465 million are now outstandi
District of Columbia Armory Board Stadium Bonds.
•Less than $500,000.
Footnotes to Table FD-2
Source:
On the basis of the daily Treasury statement.
Note:
The computed annual interest charge represents the amount of
interest that would be paid if each interest-bearing issue outstanding at the end of each month or year should remain outstanding for a
year at the applicable annual rate of interest. The charge is computed for each issue by applying the appropriate annual interest rate
to the amount outstanding on that date (the amount actually borrowed
in the case of securities sold at a premium or discount, beginning
with May i960).
The aggregate charge for all interest-bearing issues
constitutes the total computed annual interest charge.
The average
1/
2/
annual interest rate is --.omputed by dividing the computed annual
interest charge for the total, or for any group of issues, by the
corresponding principal amount. Beginning with data for December 31*
1958, the computation is based on the rate of effective yield for
Prior to that date it was based
issues sold at premium or discount.
on the coupon rate for all issues.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
On United States savings bonds the rate to maturity is applied against
the amount outstanding.
March 1973
33
FEDERAL DEBT.
Table FD-9.
Status and Application of Statutory Limitation
-
The Second Liberty Bond Act, (31 U.S.C. 757b), as amended,
provides that the face amount of obligations
issued under
Mithority of that Act,
and the face amount of
obligations
juaranteed as to principal and interest by the United States,
shall not exceed in the aggregate
$400 billion
outstanding
one time. Public Law 92-599 provides that beginning
it any
and ending on June 30, 1973, the public
5n November 1, 1972,
lebt limit shall be
temporarily increased by $65 billion.
Part A.
-
The Act of June 30, 1967 (Public Law 90-39)
provides
that the face amount of beneficial interests and
participations issued under section 302 (c) of the Federal National
Mortgage Association Charter Act (12 U.S.C. 1717 (c)) during
the fiscal year 1968 and outstanding at any time shall
be
added to the amount otherwise taken into account in
determining whether the requirements of the above provisions
are
met.
Status Under Limitation February
28,
1973
(In millions of dollars)
The statutory debt limit established by the Second Liberty Bond Act, as amended
(31 U .S .C . 757b )
465,000
Amounts outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as ^ivjnded
Debt of U ,S Government agencies
Participation certificates (12 U.S.C. 1717(c))
454,217
475
1,465
.
Total amount outstanding subject to statutory debt limitation
,
Balance issuable under limitation
^"Tart B.
*, -.eg
8 g^2
Application of Statutory Limitation February 28, 1973
-
(In millions of dollars)
Total
outstanding
Classification
Public debt:
Interest-bearing debt:
Public issues
marketable:
Treasury bills
Treasury notes
Treasury bonds
—
Total public issues
—
105,008
120, 226
44, 647
269,881
marketable
—
Public issues
nonmarketable:
Certificates of indebtedness:
Foreign series
Foreign currency series
Treasury notes
Foreign series
Foreign currency series
Treasury bonds
Treasury certificates
9,313
172
Treasury notes
U.S. savings bonds
14,474
1 389
250
430
22
58,163
533
63
22
,
,
savings notes
retirement plan bonds
Depositary bonds
Treasury bonds, R.E.A. series
Treasury bonds , investment series
Certificates of indebtedness - State and local
Government series
Treasury notes - State and local Government series
Treasury bonds - State and local Government series
U ,S
U ,S
.
.
Total public issues
—
5
2,
39
19
nonmarketable
Special issues to Government agencies and trust funds
292
87,221
"
95,826
Total Interest-bearing debt
Matured debt on which interest has ceased
Debt bearing no interest:
Special note 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
339
825
30
47
.
.
Total debt bearing no interest
Total public debt
U .S
.
Government agencies
Total public debt and debt of U
.S
Deduct debt not subject to limitation
Add participation certificates
Total subject to limitation
Source:
Daily Treasury statement.
*
Less than 1500,000.
521
454 338
Debt of U.S. Government agencies:
Interest-bearing debt
Matured debt on which interest has ceased
Total debt of
i2_
1,
.
Government agencies
475
^_
475
55,314
1
if^
456,158
Treasury Bulletin
34
FEDERAL DEBT.
Table FD-10.
-
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agriculture Department
Agency
End of
fiscal year
or month
Total
for
Inter-
national
Development 1/
Commodity
Credit
Corporation
Rural
Electrification
Administration
Secretary:
Farmers
Home
Administration
programs
Housing and Urban
Development Department
ExportImport
Bank of
the
Government
United
Other
Secretary National
States
Mortgage
6/
1/
Assn. .5/
V
2,010
250
3,809
3,757
3,686
3,774
3,781
520
520
665
665
665
100
100
100
100
100
128
127
127
127
127
1,730
1,730
1,730
1,730
1,730
2,010
2,010
2,010
2,010
250
250
250
250
294
3,944
3,984
4,108
4,058
3,988
4,028
3,937
4,034
4,002
3,902
3,864
3,833
665
744
744
744
1,001
1,001
100
100
100
100
100
100
126
126
125
125
124
124
1,730
1,730
1,730
1,730
1,730
1,730
2,014
2,014
2,014
2,014
2,014
2,014
295
294
294
294
294
296
4,031
4,031
3,932
3,860
1,001
1,181
100
100
123
123
1,730
1,730
2,014
2,014
296
296
6,153
6,051
3,774
3,784
3,683
3,633
3,914
13,503
10,491
9,483
10,059
10,370
10,655
6,151
6,151
6,251
6,251
6,351
6,252
1,606
1,606
1,606
1,631
1,631
1,359
1,800
1,297
1,403
1,434
1,205
1,176
10,769
10,331
6,352
6,352
1,359
1,709
1,135
1,258
11,776
11,593
11,534
11,491
11,501
5,953
6,053
Dec.
36,279
32,980
32,268
32,750
33,080
32,965
408
408
408
408
408
398
1973- Jan.
Feb..
33,232
33,875
390
390
July.
Aug..
Sept.
Oct..
Nov.
,053
Daily Treasury statement.
Source:
These securities were issued to the Treasury in exchange for adNote:
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agenFurther detail may be found in
cies to borrow from the Treasury.
the 1972 Statistical Appendix to Annual Report of the Secretary of
the Treasury, pages 316-20, and the 1972 Combined Statement of
Receipts, Expenditures and Balances of the United States Government,
2/
1,730
1,709
1,941
1,977
1,808
1,743
432
432
432
432
416
tj
128
1,606
1,606
1,606
1,606
1,606
33,794
33,902
33,851
33,779
33,939
2/
100
3,703
1972-Feb.
Mar..
Apr..
May.
June.
2/
372
3,732
5,953
1/
118
148
183
250
294
1,895
11,266
33,078
830
513
178
pages 548-550.
Beginning fiscal 1957 figures exclude
And predecessor agencies.
notes previously issued by the Administrator in connection with
informational media guaranties. The obligation for these notes was
assumed by the Director of the United States Information Agency,
pursuant to the act approved July 18, 1956 (22 U.S.C. 1442), and
the notes together with others issued for the same purpose are
included in "Other."
Farm housing and other loan programs, Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund), and Rural
Housing Insurance Fund.
Includes securities transferred from the Reconstruction Finance
Corporation.
The urban renewal program
Consists of notes issued to borrow for:
(formerly slum clearance program); college housing loans; public
facility loans; low Rent Public Housing Fund; and advances for
National Flood Insurance Fund.
Consists of liabilities taken over by the Association from the
2/
,850
,854
,032
,996
,010
,010
1,506
435
1971- Deo.
13,U1
Other
8/
100
100
100
100
100
100
362
720
1,586
783
1,743
13,990
:
Under
Defense
Production
Act
of 1950
2,019
056
10
25
10
15
10
223
665
11,768
10,097
11,989
12,115
12,262
11,977
11,501
735
712
689
662
638
544
512
451
416
Veterans
Administration
Direct
loan
program
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
1,730
2,393
1,899
1,466
1,329
1,950
2,427
3,133
3,552
3,781
1,170
1,235
1,436
1,415
1,454
1,583
1,416
1,391
1,606
29,241
28,354
26,964
24,611
27,040
28,164
30,651
31,944
33,939
Dept.
Tennessee
Valley Saint
lawrence
AuthorSeaway
ity
Development
Corp.
123
124
125
125
129
133
133
130
127
2,302
2,753
3,133
2,670
1,937
1,570
2,261
3,602
3,914
4,075
4,234
4,518
4,770
5,045
5,328
5,746
6,051
1964
1965
1966
1967
1968
1969
1970
1971
1972
Transportation
85
95
100
,023
.
:
35
51
72
90
Secretary in accordance with the act approved August 2, 1954, and
U.S.C.
notes issued by the Association under authority of that act (12
1719 (c), 1720 (d), and 1721 (d))and also securities transferred
from the Reconstruction Finance Corporation.
Housing Administra6/ Public Housing Administration 1960-1963; Federal
from
tion beginning January 1966; Housing Assistance Administration
September 1968 - December 1969.
Services Adminis7/ Consists of notes of: The Administrator, General
tration, for defense materials procurement; the Secretary of
(Defense Minerals of Exploratio
Agriculture; the Secretary of Interior
Administration); and the Secretary of the Treasury through May 1964.
Information Agency
8/ Consists of notes issued by the: United States
Secretary of
for informational media guaranties (see footnote 1);
Commerce (Maritime Administration) for the Federal Ship Mortgage
Fund
Insurance Fund, fiscal years 1963-67 and Federal Ship Financing
from
(N0AA), beginning December 1972; Virgin Islands Corporation
September 1959 - September 1968; District of Columbia Commissioners
of
for the Stadium Sinking Fund beginning December 1971; Secretary
of
the Interior (Bureau of Mines) for development and operation
Fisheries
helium properties beginning May 1964; Bureau of Commercial
from
for Federal Ship Mortgage Insurance Fund, Fishing Vessels
Smithsonian InstituJanuary 1966 - May 1967; and revenue bonds for
July 1968;
tion (John F. Kennedy Center Parking Facilities) beginning
Secretary of Transportation (Washington Metropolitan Area Transit
Authority) beginning December 1972.
\larch
35
1973
PUBLIC DEBT OPERATIONS^
Table PDO-1.
-
Maturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury Bills
Outstanding February 28, 1973
(In millions of dollars)
Amount of maturities
Amount of maturities
Year
and
month
of final
Held by 2/
Description
Total
U.S. Govt,
accounts and All
Federal Re- other
serve banks investors
Held by 2/
Description
maturity
U.S. Govt,
accounts and
Total
1/
Federal Reserve banks
All
other
investors
1977
4/1/73- EA
Note Bill 4/20/73
(Tax ant .)
2,012
7- 3
4- 3 /4*
Note Note -
5,844
3,792
2,686
2,623
3,158
1,169
5.089*
Bill
6/22/73
(Tax ant.)
2,510
75
2,435
8-1/8*
4*
Note Bond
8/1 5/738/15/73
1,839
3,894
344
741
1,495
3,153
1-1/2*
Note
10/1/73- E0
30
4-1/8*
Bond
11/15/73
1-1/2*
4.721*
A*
5/15/73-A
5/15/73- E
34
34
34
4,337
697
Note
Note
Note
Note
2/1 5/77-
5,163
4/1/77-EA
8/15/7710/1/77- E0
2,264
3,039
2,124
827
1,437
5
5
15
15
7,447
3,866
8,389
3,360
5,029
8,207
3,615
4,592
16, 596
6,975
9,621
3,581
1978
Feb.
6-I/4*
Note -
Nov.
6*
Note -
3,640
7,200
8*
1-1/2*
7-3/4*
1-1/2*
Total..
30
24,292
Total.
Feb.
Apr.
Aug.
Oct.
1,978
2/15/78-A
11/15/78-
17,092
Total.
1-'?-'
1-1/2*
2/15/74
2/15/74-C
2,467
2,960
4/1/74-EA
Bond
Note
34
2,851
4,334
492
1,001
5,807
4,477
2,060
60
2,000
Note -
8/15/79-
4,559
1,720
2,839
Note -
11/1 5/79-
1,603
786
817
6,162
2,506
3,656
2,359
3,333
10, 284
6-I/4*
6-5/8*
Aug..
4-1/8*
7-3/4*
4-1/4*
7-1/4*
Bond
Note
5/15/74
5/15/74-D
5-5/8*
Note
8/1 5/74-
6*
Note
9/30/74- E
1-1/2*
Note
10/1/74- E0
5-3/4*
3-7/8*
Note
Bond
ll/15/74-A
11/15/74
558
321
1,909
2,639
42
5,442
1,215
Total.
32
1980
142
3-1/2*
Nov.
42
2,198
Bond
Feb..
2/15/80
2,579
857
1,722
Bond
11/15/80
1,898
752
1,146
4,477
1,609
2,868
Total..
3,244
1,073
L951
12/31/74-
2,102
38
2,064
33,791
5-7/8*
Total..
10,619
23,172
Aug..
1982
Feb..
1983
June.
1984
Aug..
5-3/4*
5-7/8*
Note
Note
2/15/75-A
2/15/75-E
1-1/2*
Note
4/1/75- EA
6*
5-7/8*
Note
Note
5/1 5/75-
6,760
1,776
4,480
5/15/75-F
78
2,280
1,698
5-7/8*
Note
8/15/75-C
7,679
2,652
5,027
1-1/2*
Note
10/1/75-EO
30
7*
Note
11/15/75-D
3,115
769
2,346
4,015
1,222
1,537
100
2,478
1,122
1985
May.
.
7*
Bond
8/15/81
807
400
407
6-3/8*
Bond
2/15/82
2,702
967
1,735
3-1/4*
Bond
6/15/78-83
1,501
284
1,217
6-3/8*
Bond
8/15/84
2,353
1,383
970
3-1/4*
4-1/4*
Bond
Bond
5/15/85
5/15/75-85
990
1,206
229
485
761
721
2,196
714
1,482
11/15/86
1,216
867
349
2/15/90
4,226
1,140
3,086
8/15/87-92
3,756
1,427
2,329
2/15/88-93
2/15/93
239
627
70
92
169
535
866
162
704
Total.
1986
Nov.
30
6-1/8*
1990
Note
Note
2/15/76-A
2/15/76-F
3,739
4,945
3-1/2*
4-1/4*
14,989
24,605
6-1/4*
5-7/8*
Feb..
1992
Aug..
Total..
2,358
1,174
881
3,771
1-1/2*
Note
4/1/76- EA
27
6-1/2*
5-3/4*
Note
Note
5/15/765/15/76-E
2,697
2,802
774
569
1,923
2,233
7-1/2*
6-1/2*
Note
Note
8/15/76-C
8/15/76-G
4,194
3,881
1,622
1,518
2,572
2,363
1-1/2*
Note
10/1/76- E0
11
11
6-1/4*
Note
ll/15/76-D
4,325
1993
Feb..
4*
6-3/4*
Bond
Bond
Bond
4,120
27
Total.
1994
May..
4-1/8*
1995
Feb..
3*
3-1/2*
5/15/89-94
1,504
Bond
2/15/95
947
152
Bond
11/15/98
3,332
892
1998
Total..
26,621
8,720
17,901
e:
Daily Treasury statement and Office of Debt Analysis in the
Office of the Secretary.
For issue date of each security, see "Market Quotations on Treasury
Securities."
Nov.
2/
Beginning with February 1969 Treasury Bulletin, the definition of
U.S. Government accounts and all other investors is in conformity
with the unified budget concept.
2,440
Treasury Bulletin
36
PUBLIC DEBT OPERATIONS,
Table PDO-2.
-
Offerings of Treasury Bills
(Amount in millions of dollars)
Description of new issue
Issue date
Number of
days to
maturity 1/
Maturity
date
Regular weekly:
(13-week and 26-week)
91
182
'"1973-Feb.
1972-Nov.
May
Feb.
May
16.
10
91
182
Feb.
15
17
182
22
24
90
181
May
Feb.
24.
May
Mar.
30.
May
7.
14.
21.
28.
1973- Jan.
18
25.
Feb.
15.
22.
Tax anticipation:
1972-Nov. 24
Dec.
9-Month and One-Year
1972- Feb.
29
Mar.
31.
Apr.
30.
May
1.
31.
June
30.
July
31.
Aug.
31.
Sept.
30.
Oct.
2.
31.
Nov.
Nov.
30.
Dec.
31.
1973- Jan.
31.
1974-Jan.
Feb.
28.
Feb.
De
i.
91
Amount of
bids
tendered
March 1973
37
.PUBLIC
Table PDO-2.
-
;
Issue date
Average price
per hundred
Regular weekly:
(13-week and 26-week
:.
-
DEBT OPERATIONS
Offerings of Treasury Bills
-
(Continued)
:
Equivalent average
rate lj
(
_^_
Low
Price per hundred
Percent
Equivalent
ra
Price per hundred
Equivalent rate tj
(Percent)
98.795
97. 401
4.766
5.141
98.802
97.410 5/
4.739
5.123
98.789
97. 393
4.791
5.157
9
98.820
97.494
4.670
4.958
98.832
97.509 6/
4.621
4.927
98.814
97.482
4.692
4.981
16
98.793
97.437
4.774
5.070
98.802
97.450
4.739
5.044
98.789
97.431
4.791
5.082
24
98.806
97.461
4.775
5.050
98. 817
97.482
4.732
5.008
98.801
97.453
4.796
5.066
30
98. 765
97. 382
4.885
5.179
98. 776
4.842
97.390 7/
5.163
98.760
97.372
4.905
5.198
7
98.750
97.356
4.944
5.229
98.762
97.378
4.898
5.186
98.743
97.349
4.973
5.244
14
98.711
97.316
5.100
5.309
98.713
97.326 8/
5.091
5.289
98.707
97.304
5.115
5.333
21
98.714
97.322
5.087
5.298
98.723
97.346
5.052
5.250
98.709
97.316
5.107
5.309
98. 708
5.111
5.312
98. 712
97.314
97.332 97
5.095
5.277
98.701
97. 309
5.139
5.323
4
98.695
97.272
5.164
5.397
98.706
97.294
5.119
5.353
98.687
97. 260
5.194
5.420
11
98.697
97.264
5.154
5.413
98.705
97. 274
5.123
5.392
98.693
97.253
5.171
5.434
18
'98.666
97. 199
5.277
5.541
98.678
97. 206
5.230
5.527
98.655
97.182
5.321
5.574
25
98.576
97.088
5.634
5.759
98.589
97.094 10/
5.582
5.748
98. 572
97.081
5.649
5.774
1
'°8.562
97.032
5.688
5.870
P8.568 11/
97.038
5.665
5.859
98.558
97.030
5.705
5.875
8
'98.568
97.043
5.665
5.849
98.578
97.058
5.625
5.819
98.561
97.030
693
875
15
'98.629
97.157
5.423
5.623
98.647
97.182 12/
5.353
5.574
98.617
97.140
5.471
5.657
22
1972-Nov.
98.621
97.142
5.457
5.654
98.640
97.170
5.380
5.598
98.597
97.098
550
740
98.072
4.721
98.085 12/
4.690
98.062
4.746
97.187
5.089
97.236
5.000
97.167
5.125
2
''
Dee.
28
1973-Jan.
Feb.
Tax anticipation:
1972-Nov.
24
Dee.
5
9-month and one-vear
:
2^
3.862
4.091
97.083
95.924
IU
1972- Fer,.
819
020
97.029
95.777
3.889
4.165
31
4.512
4.661
96.566 157
95.316 16/
495
620
96. 532
Mar.
95.235
4.540
4.700
30
4.362
95.593
347
95.554
4.385
Apr.
96.780
215
96.737
4.272
1
4.234
.335
.420
96.675
95.412
4.385
4.525
May
31
95.473
4.367
4.465
96.713
95.519
June
30
'96.382
95.079
4.754
4.853
96.439
95.155 12/
4.679
4.779
96.347
95.011
4.800
4.921
July
31
"96.413
95.014
4.731
4.918
96.428
95.043
4.710
4.889
96.392
95.003
4.758
4.929
31
5.040
5.178
96.210
94.831 18/
.998
.140
96. 174
Aug.
94.771
5.045
5.200
30
5.529
94.523
.477
94.450
5.550
Sept.
5.361
Oct.
5.346
'96.039
94.726
31
Nov.
Dec.
30
95.997
.318
5.223
5.318
96.068
94.744
185
300
96.023
94.695
5.244
5.350
5.225
2
95.964
94.872
5.200
94.824
5.249
94.794 12/
5.324
94.735
5.385
94.144
6.041
94.107
6.079
5.337
31
1973-Jan.
31
5.986
94.261 20/
5.920
Feb.
28
6.050
94.203
5.980
""
___
.
Treasury Bulletin
38
PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-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, 26-week, 9-month, and one-year issues, tenders for
$200,000 or less from any one bidder are accepted in full at average
prices of accepted competitive bids; for other issues, the corresponding amount is stipulated in each offering announcement.
Of this amount $500,570,000 redeemed for 9 month bills dated February 29, 1972.
Bank discount basis.
Except $800,000 at 97.472.
6/ Except $300,000 at 97.522.
Except $765,000 at 97.404.
8/ Except $600,000 at 97.349.
y
2/
10/
11/
12/
13/
14/
15/
16/
17/
18/
19/
20/
Except $140,000 at 97.345.
Except $15,000 at 97.180, $100,000 at 97.118, $30,000 at 97.113
and $100,000 at 97.099.
Except $200,000 at 98.599.
Except $500,000 at 97.194.
Except $100,000 at 98.120 and $100,000 at 98.100.
Except $15,000 at 97.151 and $200,000 at 97.102.
Except $375,000 at 96.585.
Except $145,000 at 95.336 and $600,000 at 95.326.
Except $285,000 at 95.164.
Except $50,000 at 95.198 and $100,000 at 94.975.
Except $475,000 at 94.803.
Except $400,000 at 94.816 and $230,000 at 94.280.
March 1973
.PUBLIC DEBT OPERATIONS
Table PDO-3.
-
New Money
Financing through Regular Weekly Treasury Bills!/
(Dollar amounts in millions)
Discription of issue
Number of
days to
maturity
Maturity
Issue
date
date
1970-0ct.
Dec.
/
(
f
\
1
31
Oct.
1971 -Jan.
1970-0ct.
1971- Jan.
15
14
23.
1970-Oct
1971 -Jan.
22
30.
1970-Oct.
1971 -Jan.
29
28
1970-Nov.
1971 -Feb.
4
13.
'1970-Nov.
1971 -Feb.
12
11
20.
1970-Nov.
1971 -Feb.
19
18
1970-Nov.
1971-Feb
27
1970-Dec.
1971 -Mar.
3
4
'
1970-Dec
1971 -Mar.
10
'
1970-Dec
1971 -Mar.
17
18
'
24.
1970-Dec
1971 ^lar.
24
25
1.
'1970-Dec.
1971 -Apr.
31
16.
/
\
July
Aug.
'
27.
h
Sept.
2.
10.
17.
Oct.
Jan.
Apr.
15.
22.
29.
12.
19.
27.
Feb.
May
Feb.
May
Feb.
May
Mar.
June
Dec.
10.
Mar.
June
17.
Mar.
June
24.
Mar.
June
31.
Apr.
July
25.
June
Sept.
July
Sept.
July
Oct.
21
5
25
11
1
39
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS.
Table PDO-3.
-
New Money
Financing through Regular Weekly Treasury Bills
i
-
(Continued)
(Dollar amounts in millions)
Discription of issue
Number of
days to
maturity
Maturity
Issue
date
date
Average rate
of bids
accepted 2/
(Percent)
Amount
of bids
tendered
Amount
of bids
accepted
$2,001
1,600
4.038
4.141
15
14
91
182
$3, 111
Oct.
Sept.
Dec.
23
23
91
182
3,044
2,670
2,203
1,603
4.954
5.133
Sept.
30
30
91
182
2,917
2,303
2,200
1,601
5.078
5.278
91
182
3,335
3,286
2,303
1,592
5.467
5.614
1971- July
1971-Apr.
15.
24.
July
Dec.
Oct.
1972-Jan.
2,618
1971 -Oct.
1972- Jan.
14
91
182
4,095
3,226
2,302
1,601
5.377
5.483
13
'
1971 -Oct.
1972-Jan.
21
20
91
182
4,091
2,982
2,302
1,601
5.546
5.724
'
1971-Oct.
1972-Jan.
28
27
91
182
4,421
3,609
2,313
1,601
5.556
5.833
'
1971-Nov.
1972-Feb
91
182
3,802
3,399
2,301
1,601
5.273
5.618
15.
22.
29.
Aug.
1971-Nov.
1972-Feb.
11
91
10
182
3,561
2,742
2,300
1,600
5.371
5.769
f 1971-Nov.
1972-Feb.
18
17
91
182
3,269
2,877
2,302
1,600
4.923
5.203
1971-Nov.
^ 1972-Feb.
26
24
92
182
3,713
2,817
2,301
1,600
4.748
4.859
91
182
3,769
2,616
2,300
1,600
4.551
4.771
91
182
3,259
2,679
2,303
1,602
4.536
4.846
r
12.
19.
26.
I
1971 -Dec
1972 -Mar.
Sept.
f
(1971-Dec
1972-Mar.
1971-Dec
1972-Mar
16
16
91
182
3,123
2,452
2,300
1,601
4.836
5.085
1971-Dec
1972-Mar.
23
23
91
23.
182
3,352
2,399
2,300
1,600
4.742
4.993
30.
1971-Dec
1972-Mar.
30
30
91
182
3,950
3,046
2,301
1,600
4.675
4.973
Jan.
Apr.
20
20
91
182
3,515
3,275
2,301
1,601
4.493
4.634
Jan.
Apr.
27
27
91
182
4,155
2,983
2,302
1,601
4.444
4.530
91
182
3,954
3,027
2,302
1,602
4.233
4.345
10
11
91
182
3,725
2,799
2,300
1,601
4.174
4.341
May
17
18
91
182
4,035
3,304
2,301
1,602
4.124
4.255
Feb.
24
May
25
90
181
3,436
3,193
2,301
1,600
4.235
4.412
Mar.
June
91
182
3,583
2,842
2,302
1,601
4.324
4.431
Mar.
91
182
3,623
2,905
2,301
1,601
4.090
4.207
16.
f
\
Oct.
28.
Feb.
May
Nov.
Feb.
May
Feb.
26.
9.
16.
June
T
i
1972-Feb.
17.
f
I
24.
f
Mar.
June
16
15
91
182
3,378
2,700
2,301
1,600
3.944
4.144
May
Aug.
18
17
91
182
3,816
3,104
2,405
1,801
3.065
3.537
May
25
24
91
182
3,906
3,788
2,401
1,803
3.143
3.513
Aug.
Footnotes at end of table.
(Continued on following page)
New money
increase, or
decrease (-)
$193
March 1973
41
PUBLIC DEBT OPERATIONS
Table PDO-3.
-
New Money
Financing through Regular
Treasury Bulleth
42
PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip-
March 1973
43
.PUBLIC DEBT OPERATIONS
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip-
-
(Continued)
Treasury Bulletin
44
.PUBLIC
DEBT OPERATIONS.
Footnotes to Table PDO-4.
Bureau of the Public Debt.
Sourcethe rate shown is the equiv1/ For bill issues, always sold at auction,
accepted bids. Other
alent average rate (bank discount basis) on
and those
securities issued at par except those bearing footnote 6
For details of bill offerings see Table PDO-2.
sold at auction.
a reopening.
2/ From date of additional issue in case of
to the amount of
In reopenings the amount issued is in addition
>U
_
25/
2/
original offering.
PDO-7.
For securities exchanged for the new issues see Table
payment of income
Tax anticipation bill, accepted at face value in
5/
bills mature.
taxes due on the 15th of the month in which the
6/ Price at which issued appears in Table PDO-5.
2/ Exchange offering available to owners of nonmarketable 2-3/4* Treasury
For further
bonds, Investment Series B-1975-80, dated April 1, 1951.
for April
Information on the original offering see Treasury Bulletin
1951 page A-l. Amounts shown are as of February 28, 1973.
in
8/ Payment for subscriptions allotted could be made in cash or
new security.
Treasury bonds or notes maturing on the issue date of the
notes and $479 million of the
9/ Includes $151 million of the 2/15/74-C
8/15/77-B notes allotted to Federal Reserve banks and Government
4/
10/
lly
accounts.
exchanged
This is amount of bonds and notes maturing August 15, 1970
by Federal Reserve banks and Government accounts,
Subscriptions from the public for $200,000 or less were allotted in
less
full and those above that amount were allotted 9-1/2$ but not
than $200,000.
the
Includes $842 million of the 7-1/4* notes and $811 million of
accounts.
7-1/2* notes allotted to Federal Reserve banks and Government
Prices
Sold at auction through competitive and noncompetitive bidding.
accepted ranged from 100.93 (yield 6.09*) down to 100.69 (yield 6.26*).
additional $301
Sale of a "strip" of Treasury bills consisting of an
and February 4,
million of series maturing on January 7, 14, 21, and 28,
11, and 18, 1971.
million of the
Includes $2,319 million of the 5-7/8* notes and $2,722
Government accounts.
6-1/4* notes allotted to Federal Reserve banks and
additional $201
Sale of a "strip" of Treasury bills consisting of an
and
million of series maturing May 27, June 3, 10, 17, and 24,
26/
—
27/
12/
IkJ
15/
16/
17/
18/
19_/
20/
Sale of a "strip" of Treasury bills consisting of an additional $201
million of weekly series maturing from July 8 through September 16,
1971.
Includes $1,457 million of the 5* notes and $1,046 million of the
accounts.
5-3/4* notes allotted to Federal Reserve banks and Government
$201
Sale of a "strip" of Treasury bills consisting of an additional
August 12, 1971.
million of weekly series maturing from June 24 through
bidding. Prices
Sold at auction through competitive and noncompetitive
from 100.38 (yield 5.71*) down to 99.93 (yield 6.05*)
accepted ranged
with the average at 100.00 'yield 6.00*).
amounts ol
individuals
21/ Gash subscriptions were accepted only from
$10,000 or less.
million of the bonds
22/ Includes $592 million of the notes and $351
allotted to Federal Reserve banks and Government accounts.
Prices
bidding.
Sold at auction through competitive and noncompetitive
m
23/
_
_
28/
29/
Xj
31/
.22/
1
.
.22/
,
12/
accepted ranged from 100.08 (yield 6.44*) down to 99.87 (yield 6.59*)
with the average at 99.94 (yield 6.54*).
Prices
bidding.
Sold at auction through competitive and noncompetitive
accepted ranged from 101.44 (yield 5.92*) down to 101.00 (yield 6.02*1
with the average at 101.14 (yield 5.98*).
Prices
bidding
Sold at auction through competitive and noncompetitive
(yield 5.61*)
accepted ranged from 101.25 (yield 5.46*) down to 100.80
with the average at 100.89 (yield 5.58*).
of the bonds
Includes $2,925 million of the notes and $673 million
accounts.
allotted to Federal Reserve banks and Government
accounts in exchange for
Issued to Federal Reserve banks and Government
securities maturing November 15, 1971.
Prices
bidding.
Sold at auction through competitive and noncompetitive
(yield 4.96*)
accepted ranged from 100.10 (yield 4.79*) down to 99.90
with the average at 99.96 (yield 4.91*).
bonds
T nc i u ,jes $421 million of the notes and $554 million of the
accounts.
allotted to Federal Reserve banks and Government
an additional $204
Sale of a "strip" of Treasury bills consisting of
through July 6, 1972.
zillion of each weekly series maturing from March 30
Prices
bidding.
Sold at auction through competitive and noncompetitive
(yield 5.80*)
accepted ranged from 100.50 (yield 5.69*) down to 100.20
with the average at 100.26 (yield 5.78*).
exchange
Issued to Federal Reserve banks and Government accounts in
for notes maturing May 15, 1972
bidding.
Sold at auction through competitive and noncompetitive
100.27
Prices accepted ranged from 100.50 (yield 4.23*) down to
(yield 4.47*) with the average at 100.30 (yield 4.44*).
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 101.06 (yield 6.23*) down to 100.37
(yield 6.32*) with the average at 100.60 (yield 6.29*).
of the
Includes $1,028 million of the 5-7/8* notes, $1,437 million
Federal
6-1/4* notes and $1,180 million of the bonds allotted to
Reserve banks and Government accounts.
bidding.
,;old at auction through competitive and noncompetitive
Prices accepted ranged from 100.41 (yield 5.77*) down to 100.20
(yield 5.86*).
(yield 5.89*) with the average at 100.25
bidding
Sold at auction through competitive and noncompetitive
Prices accepted ranged from 100.31 (yield 6.16*) down to 100.14
'y'eld 6.21*) with the average at 100.18 (yield 6.20*).
Sold at auction through competitive and noncompetitive
Prices accepted ranged from 100.29 (yield
bidding.
5.72*) down to 100.5 (yield 5.85*) with the average at
100.09 (yield 5.83*).
Sold at auction through competitive and noncompetitive
bidding. All accepted tenders were awarded at the
price of 99.50 (yield 6.79*).
banks and
Includes $1,392 million allotted to Federal Reserve
2A/
22/
36
'
27/
28/
22/
40/
Government accounts.
exchange
accounts
Issued to Federal Reserve banks and Government
for notes maturing February 15, 1973.
bidding.
Sold at auction through competitive and noncompetitive
down to 99.21 (yield
Prices accepted ranged from 99.88 (yield 6.65*)
6.77*) with the average at 99.40 (yield 6.74*).
Preliminary.
m
.
£j
42/
p
_
March 1973
45
PUBLIC DEBT OPERATIONS
Table PDO-5.
-
Unmatured Marketable
Securities Issued at a
Premium or Discount
Other than Advance Refunding Operations
Description
46
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-5.
-
Unmatured Marketable
Securities Issued at a
Other than Advance Refunding Operations
-
Premium
(Continued)
or Discount
47
torch 1973
PUBLIC DEBT OPERATIONS.
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Treasury Bills U
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS.
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series
(In millions of dollars)
March 1973
49
PUBLIC DEBT OPERATIONS.
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
- Treasury Bills Other than Regular Weekly Series - (Continued)
Part B.
50
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-7.
-
Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
Called or maturing securities 1/
Date of
refunding
or retirement
Issue
date
Description
7.313%
7.244%
7/31/70
Bill
Bill
Disposition offers
by Treasury
Amount
out-
standing
7/31/70
7/31/70
1,202
500
8/15/70
5/15/69
2,329
8/15/70
6-3/8%
7/31/69
7/31/69
6/20/63
4,129
8/31/69
8/31/69
8/15/70
4%
Bond
Total..
6,458
8/31/70
'7.340%
7.777%
Bill
Bill
-
8/31/70
8/31/70
9/23/70
'6.177%
Bill
-
9/23/70
Bill
Bill
-
9/30/70
'7.350%
7.801%
-
9/30/70
9/30/70
10/1/70
1-1/2%
Note
-
10/1/70- E0
10/31/70
7.127%
7.724%
Bill
Bill
-
10/31/70
10/31/70
11/15/70-A
11/15/70
11/30/70
7.591*
6.995%
Bill
Bill
11/30/70
11/30/70
12/31/70
'7.561%
6.101%
Bill
Bill
12/31 70
12/31/70
1/31/71
'7.533%
6.843%
Bill
Bill
1/31/71
1/31/71
2/15/71-C
5-3/8%
8/30/67
7-3/4%
Note
2/15/71-D
8/15/69
2-1/2%
Bond
3/15/71
12/1/44
5-3/8%
Note
11/15/71-B
11/15/66
7-3/4%
Note
ll/l 5/71-
3-7/8%
Bond
4-3/4%
Note
2/1 5/72-
2/15/67
7-1/2%
Note
2/15/72-C
8/17/70
2/15/72
11/15/62
5/15/70
2/15/71
4%
11/15/71
5/15/62
Total.
2/28/71
6.932%
7.353%
Bill
Bill
2/28/71
2/28/71
2/28/70
2/28/70
3/15/71
2-1/2%
Bond
3/15/71
12/1/44
3/22/71
6.452%
Bill
3/22/71
7/8/70
3/31/71
'6.132%
7.068%
Bill
Bill
3/31/71
3/31/71
3/31/70
3/31/70
4/1/71
1-1/2%
Note
4/1/71- EA
4/1/66
4/22/71
'6.504%
3.671%
Bill
Bill
4/22/71
4/22/71
7/23/70
3/30/71
Bill
Bill
4/30/71
4/30/71
4/30/70
4/30/70
r
4/30/71
6.814%
6.467%
Cash
retirement
Exchange
security
offered
Results of exchange offers
Ex-
changed
Turned
in for
cash 2/
Description of new
securities offered
(See also Table PD0-4)
March 1973
51
.PUBLIC
DEBT OPERATIONS
Table PDO-7.
Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing securities 1/
Issue
date
Description
Disposition offers
by Treasury
Results of exchange offers
Description of new
securities offered
(See also Table PDO-4)
Amount
out-
standing
Cash
retirement
Exchange
security
offered
Ex-
changed
Turned
in for
cash 2/
(In millions of dollars)
5/15/71-E
Note
J/15 '«
10/1/69
/"
4,265
1,780*1
<
5/15/71-A
1,860
4,265
4,176
4,176
ri,672"*l
1,
i
Total
8,442
626
(5*
5-3/4*
/"5*
1,133
^5-3/4*
371
8,442
/
1,759
1
Note
Note
E-1972
E-1974
Note
Note
A- 1974
E-1972
3,452 of 5* Note
3,231 of 5-3/4* Note
Bill
Bill
5/31/71
5/31/71
5/31/70
5/31/70
1,200
501
1,200
6.510)6
5.970*
Bill
6/22/71
10/21/70
2,515
2,515}4/
17.079*
[6.237*
Bill
Bill
6/30/71
6/30/71
6/30/70
6/30/70
1,201
501
1,201
501
^.380*
Bill
Bill
7/31/71
7/31/71
7/31/70
7/31/70
1,202
501
1,202*1
8/15/71
3/1/62
2,806
2,806
1,708
411
687
Note
Bond
D-1975
8/15/81
2/15/70
2,257
2,257
1,407
202
649
Note
Bond
D-1975
8/15/81
5,063
5,063
3,727
1,336
7.277*
[6.153*
'4JJ
8-1 A*
8/1 5/71-
Total.
,
501/ -^
_'
,
501^
'6.396*
5.048*
Bill
Bill
8/31/71
8/31/71
8/31/70
8/31/70
1,204
501
1,204**1
5.033*
Bill
9/21/71
7/6/71
1,752
1,752
16.215*
4.949*
Bill
Bill
9/30/71
9/30/71
9/30/70
9/30/70
1,202
1, 202*1
1-1/2*
Note
10/1/71- E0
10/1/66
72
16.072*
[_4.369*
Bill
Bill
10/31/71
10/31/71
10/31/70
10/31/70
1,201
500
*3-7/8*
Bond
11/15/71
5A5/62
1,081
1,081
3,115 of 7* Note
612 of 7* Bond
I
501/
J
I
501
501
72
1,201*1
500J
5-3/8*
Note
11A5/71-B
11/15/66
967
Note
11/15/71-G
5/15/70
5,836
5,836
4-3/4*
Note
5/15/72-
5/15/67
5,310
5,310
Note
Bond
B-1978
11/15/86
6*
6-1/8*
Note
Bond
B-1978
11/15/86
6*
6-1/8*
Note
Bond
B-1978
11/15/86
6-1/8*
Note
Bond
11A5/86
'6*
6-1/8*
98,
3,109
Note
Bond
B-1978
11/15/86
6-1/8*
Note
Bond
11A5/86
16-I/8*
Note
Bond
B-1978
11/15/86
237
2,240
487
*
6-1/8*
6*
304
633
967
7-3/4*
509
268
6/
1,446^
187
6-3/4*
Note
5/1 5/72-
11/16/70
2,037
2,037
r-
602
58
B-1978
1
:
4*
Bond
8/15/72
9/15/62
2,579
2,579
1,067'
fb%
58
1
Note
8/15/72-
5/15/71
3,452
3,452
21,262
5*
21,262
5.010*
3.691*
Bill
Bill
11/30/71
11/30/71
11/30/70
11/30/70
1,201
501
Bill
Bill
12/31/71
12/31/71
12/31/70
12/31/70
1,201
500
Bill
Bill
1/31/72
1/31/72
1/31/71
1/31/71
1,199
500
1,199'
^1-3/4*
Note
2/15/72-A
2/15/67
800
7-1/2*
Note
2/15/72-C
8/17/70
2,690
4*
Bond
2/15/72
11/15/62
980
'8,207 of 6* Note
1,192 of 6-1/8* Bond
2,731
1,201
500
4.403*
9,399
1,201
501
I4.886*
841
36 _
B-1978
3.507*
U.2A9%
<
500
800
'
231
5-3/4*
[6-3/8*
Note
Bond
E-1976
2/15/82
2,690
724
^5-3/4*
16-3/8*
Note
Bond
E-1976
2/15/82
980
310
5-3/4*
6-3/8*
Note
Bond
E-1976
2/15/82
I
7-3/4*
4-1/8*
7-1/4*
4-1/4*
Note
Bond
Note
Bond
rotal.
Footnotes at end of table.
7/7/7/7/.
2/1 5/742/15/74
5/15/74-D
5/15/74
8/15/70
1/15/65
11/15/70
5/15/64
3,139
3,125
4,505
3,577
3,139
3,125
4,505
3,577
18,816
18,816
(Continued on following page)
8/
4,933
1,264
12,802 of 5-3/4*
2,131 of 6-3/8*
Note
Bond
Treasury Bulletin
52
.PUBLIC DEBT OPERATIONS,
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Date of
March 1973
53
PUBLIC DEBT OPERATIONS.
Table PDO-7.
-
Disposition of Public Marketable securities
Other than Regular Weekly Treasury Bills
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refund ing
or retirement
Issue
date
Description
Amount
outstanding
Exchange
security
offered
Cash
retirement
2-1/2,1 Bond
12/15/72
11/15/45
l,351p
3.927* Bill
12/31/72
12/31/72
12/31/71
12/31/71
1,200
13.936* Bill
14.234* Bill
1/31/73
1/31/73
1/31/72
1/31/72
16-1/2* Note
i4-7/8« Note
2/15/73
2/15/73
8/16/71
11/15/71
2,514
4,268
2/28/73
14.091* Bill
4.367* Bill
2/28/73
2/28/73
2/29/72
2/29/72
Exchanged
Turned
in for
cash 2/
Description of new
securities offered
(See also Table PDO-4)
1,200
500
2/15/73
Results of exchange offers
1,200
1/31/73
(Continued)
l,351p
[4. 512$ Bill
-
12/15/72
'
12/31/72
501
2,514
4,268
l,423p
2,457p
l,096p
l,811p 11/
1,200
501
Footnotes to Table PDO-7
Source:
Daily Treasury statement and Bureau of the Public Debt.
1/ Original call and maturity dates are used.
2j All by investors other than Federal Reserve banks.
Rolled over into new bills,
(seS Table PD0-4)
for detail of offerings Deginning July 1970,
4/ Tax anticipation issue:
see Table PD0-4; for amounts redeemed for taxes and for cash see
"Note" below.
2/ Of this amount $10 million of the 6-3/8* notes and $180 million of
the 4* bonds were exchanged by Federal Reserve banks and Government
accounts for 7-1/2* notes of Series C-1972. Other holders of the
maturing securities were not given preemptive rights to exchange
their holdings for the 7-1/2* notes.
6/ Federal Reserve banks and Government accounts exchanged $1,500
million of the notes for 4-7/8* notes issued November 15, 1971.
2/ Subscribers exchanging these securities may elect, for Federal
income tax purposes, to recognize gain or loss on account of the
exchange either in the taxable year of the exchange or (except to
y
8/
2/
10/
11/
p
the extent that cash is received) in the taxable year of disposition
or redemption of the securities received in the exchange. Any gain
to the extent that cash was received by the subscriber (other than
as an interest adjustment) must be recognized in the year of the
exchange
The four securities due in 1974 were eligible to be exchanged only
for the 6-3/8* bonds.
Public holders of these securities were not given preemptive rights
to exchange them but they could be used in payment for new securities
allotted.
Exchanged by Federal Reserve banks and Government accounts for 4-3/4*
notes issued May 15, 1972.
Of this amount $595 million was exchanged by Federal Reserve banks
and Government accounts for 6-5/8* notes of Series B-1979. Other
holders of the maturing notes were not given preemptive rights to
exchange their holdings for the 6-5/8* notes.
Preliminary.
Information on retirement of tax anticipation issues referred to
in footnote 4. in millions of dollars:
Note:
Date of
retirement
Treasury Bulletin
54
PUBLIC DEBT OPERATIONS,
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars;
March 1973
55
PUBLIC DEBT OPERATIONS
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars)
Month of
-
(Continued)
Treasury Bulletin
56
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
57
March 1973
PUBLIC DEBT OPERATIONS,
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars)
Month of
activity
Securities
Certificates of indebtedness
1971 -July.
Certificates of indebtedness
Aug.
I
Notes
Issue
-
(Continued)
58
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
59
March 1973
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities
(Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars)
-
(Continued)
60
Treasury Bulletin
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS
Foreign Series Securities (Nonmarketable)
(Continued)
Issued to Official Institutions of Foreign Countries
March 1973
61
.PUBLIC
Table PDO-8.
-
DEBT OPERATIONS.
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
(Payable in U.S. Dollars)
Month of
Activity
Issue
date
Securities
Maturity
date
Interest
rate
Retired
(Percent)
(In millions of dollars)
5/18/72
5/24/72
5/25/72
5/30/72
5/30/72
8/18/72
8/24/72
8/25/72
8/30/72
8/30/72
3.70
3.85
3.85
3.80
3.80
100
f 4/22/71
5/25/72
5/25/72
8/23/73
4.40
4.67
150
3/1/72
3/20/72
3/20/72
3/23/72
3/24/72
5/12/72
5/17/72
<
6/1/72
6/20/72
6/20/72
6/23/72
6/26/72
6/28/72
6/28/72
6/1/72
6/20/72
6/20/72
6/23/72
6/26/72
8/11/72
8/17/72
9/1/72
9/20/72
9/20/72
9/25/72
9/26/72
9/28/72
12/28/72
45
85
85
95
4.50
{5/20/71
5/27/71
6/25/71
6/22/72
6/26/72
6/22/72
6/22/72
6/26/72
9/20/73
6/27/77
5.35
5.10
5.95
4.95
5.95
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/10/72
4/21/72
4/28/72
5/17/72
5/30/72
6/1/72
6/28/72
7/3/72
7/3/72
7/6/72
7/6/72
7/7/72
7/7/72
7/7/72
7/10/72
7/17/72
7/17/72
7/18/72
7/18/72
7/18/72
7/18/72
7/18/72
7/19/72
7/19/72
7/19/72
7/20/72
7/28/72
7/3/72
7/3/72
7/3/72
7/7/72
7/7/72
7/10/72
7/20/72
7/28/72
8/17/72
8/30/72
9/1/72
9/28/72
10/3/72
10/3/72
10/6/72
10/6/72
10/6/72
10/6/72
10/6/72
10/10/72
10/17/72
10/17/72
10/18/72
10/18/72
10/18/72
10/18/72
10/18/72
10/19/72
10/19/72
10/19/72
10/20/72
10/27/72
3.85
3.80
3.80
3.95
3.95
3.95
3.95
3.95
4.05
6/17/71
6/24/71
7/7/71
7/14/71
7/7/72
7/14/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/20/72
7/20/72
7/20/72
7/7/72
7/14/72
7/7/77
7/14/77
3/22/76
3/22/77
9/22/77
3/22/78
9/22/78
5/15/79
7/16/79
10/18/73
5.85
5.85
6.05
5.80
5.90
5.875
5.75
5.90
5.90
5.95
6.00
6.05
6.10
5.00
5/4/72
5/10/72
5/12/72
5/12/72
5/16/72
5/17/72
5/17/72
5/17/72
5/17/72
5/18/72
5/18/72
8/4/72
8/10/72
8/11/72
8/11/72
8/16/72
8/17/72
8/17/72
8/17/72
8/17/72
8/18/72
8/18/72
.60
.50
.50
.50
.70
.70
.70
.70
„
Notes
^
'
Certificates of indebtedness
1972 -June.
Certificates of indebtedness
July.
Total outstanding
end of month
600
35
30
50
150
300
362
564
728
159
150
95
50
70
8C
9;
95
95
95
05
52
300
564
362
728
159
878
75
>
16,913
100
100
600
200
600
557
15
75
30
44
3.80
3.80
3.80
.85
100
40
,55
,70
405
25
80
50
,80
300
878
,05
,15
15
,15
15
632
270
,15
350
4.15
4.15
4.15
270
50
,15
44
4.10
4.10
3.95
3.95
3.95
3.95
350
30
100
70
250
17
450
417
24
83
>
417
31
193
91
40
25
100
100
20c
200
200
200
500
500
500
500
500
500
500
200
55
105
70
50
20
10
258
350
100
35
3.70
(Continued on following page)
600
20,039
Treasury Bulleth
62
PUBLIC DEBT OPERATIONS,
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
March 1973
63
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
64
Treasury Bulleth
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Continued)
March 1973
65
.PUBLIC
Table PDO-9.
-
DEBT OPERATIONS
Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Treasury Bulleth
66
PUBLIC DEBT OPERATIONS.
Table PDO-9.
Foreign Currency Series Securities (Nonmarketable)
-
Issued to Official Institutions of Foreign Countries
-
(Continued)
Amount
(Dollar equivalent)
Month of
activity
Payable
Securities
in
—
Issue
date
Maturity
date
Interest
rate
(Percent)
Swiss francs
Swiss francs
Swiss francs
..Swiss francs
5/10/71
5/10/71
7/22/71
1/21/72
1/5/72
1/17/72
1/21/72
7/21/72
Swiss francs
Swiss francs
1/5/72
1/17/72
4/5/73
4/17/73
Certificates of indebtedness
Swiss francs
Swiss francs
8/5/71
2/4/72
2/4/72
8/4/72
Notes
German marks
German marks
German marks
7/3/67
10/2/69
3/3/72
10/2/73
10/2/73
francs
francs
francs
francs
5/10/71
5/10/71
5/18/72
5/30/72
5/18/72
5/30/72
8/20/73
8/30/73
Swiss francs
Swiss francs
German marks
1/21/72
7/21/72
7/3/67
7/21/72
1/19/73
7/3/72
Swiss francs
Swiss francs
2/4/72
8/4/72
8/4/72
2/2/73
Swiss francs
Swiss francs
6/1/71
9/1/72
9/1/72
11/30/73
German marks
Swiss francs
Swiss francs
4/1/68
7/6/71
10/6/72
10/2/72
10/6/72
1/7/74
C Swiss francs
Swiss francs
Swiss francs
v Swiss francs
8/6/71
8/19/71
11/6/72
11/20/74
11/6/72
11/20/72
2/6/74
2/20/74
Notes
German marks
Swiss francs
Swiss francs
Swiss francs
Swiss francs
6/24/68
9/10/71
9/13/71
12/11/72
12/13/72
12/22/72
12/11/72
12/13/72
3/11/74
3/13/74
Certificate;; of indebtedness
Swiss francs
Swiss francs
7/21/72
1/19/73
1/19/73
7/19/73
francs
francs
francs
francs
10/8/71
10/29/71
1/8/73
1/29/73
1/8/73
1/29/73
4/8/74
4/29/74
Certificates of indebtedness
/
8/19/69
10/2/69
5/10/71
5/10/71
6/1/71
7/6/71
8/6/71
8/19/71
9/10/71
9/13/71
10/8/71
10/29/71
12/9/71
8/27/71
3/3/72
10/2/72
12/22/72
2/19/73
10/2/73
5/18/72
5/30/72
9/1/72
10/6/72
11/6/72
11/20/72
12/11/72
12/13/72
1/8/73
1/29/73
3/9/73
8/27/73
Notes
1972- Jan.
German marks
German marks
German marks
German marks
German marks
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
8/4/72
2/2/?3
2/2/73
8/2/73
Notes
German marks
8/19/69
2/19/73
Notes 1/
'
Certificates of indebtedness
Feb.
'
May.
Notes
„
July.
Certificates of indebtedness
Notes
Aug.
Certificates of indebtedness
Sept.
Notes
(
Notes
Swiss
Swiss
Swiss
Swiss
/
|
1973- Jan.
Notes
'Swiss
Swiss
Swiss
Swiss
*.
Feb.
7/3/67
4/1/68
6/2-4/68
3/3/72.
5.28
Total outstanding
end of month
(In millions of dollars)
March 1973
67
.UNITED STATES SAVINGS BONDS
Series E and Series H
rently sold.
Series E has
and Series H has been on
A
-
April 30, 1957.
been on sale since May
interest yields,
sale since June
D were sold fromMarchl, 1935
Series
30,
are the only savings bonds cur-
F and G were sold
1952.
1,
1941
Series J and K were sold from May
-
1952.
through April 30,
from May
Table SB-1.
1,
1,
1941,
Series
1941.
through April
1,
1952
through
Details of the principal changes in issues,
maturities, and other terms appear in the
Treasury Bulletins of April 1951, May 1952, May 1957, October
and December 1959,
September
May and
October 1961,
1970; and the Annual
June 1968,
and
Report of the Secretary of
the Treasury for fiscal years 1966 through 1971.
Sales and Redemptions by Series, Cumulative through February 28, 1973
Treasury Bulletin
68
UNITED STATES SAVINGS BONDS.
Table SB-3.
-
Sales and Redemptions by Periods, Series
E through K
'In millions of dollars)
Amount outstanding
Redemptions 1/
Sales 1/
Period
Accrued
discount
Sales Plus
accrued
discount
Sales
price
3_/
Accrued
discount
3_/
Intere st -bearing
debt
Series E and H combined
Fiscal years:
1041-62
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
,056
,310
7, IIP
113,446
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
5,477
6,236
75,619
3,759
3,982
4,154
4,408
4,536
4,73°
5,112
5,484
4,334
4,300
8,416
742
8,249
84,034
4,500
4,736
4,987
5,305
5.44°
5,715
6,198
6,721
5,416
5,331
754
833
897
913
976
1,086
1,237
1,082
1,031
44,955
46,359
47,737
48,795
49 682
50,817
51,572
51,711
51,281
53,003
55,°21
18,241
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
2,192
2,426
131,687
6,164
6,101
6,000
6,440
6,578
6,452
6,224
6,574
7,669
8,662
86,157
4,557
4,841
5,117
5,477
5,439
5,915
6,565
6,281
5,237
5,359
77,421
3,823
4,061
4,254
4,561
4,51°
4,898
5,391
5,060
4,217
4,317
8,766
733
780
863
916
91°
1,017
1,173
1,221
1,020
1,042
45,499
47 106
48,366
4°, 24°
50,212
51,352
51,890
51,549
51,842
54,275
57,579
537
582
502
573
532
183
196
199
182
205
720
777
702
755
737
448
458
428
446
473
356
369
340
361
383
92
54,755
55,075
55,349
55,658
55,921
493
562
472
467
545
450
222
194
207
211
192
223
715
756
679
678
737
673
449
486
438
402
415
389
363
395
358
327
338
316
86
91
80
74
56,188
56,457
56,698
56,974
57,295
57,579
561
235
204
796
795
535
417
472
379
119
92
57,839
58,163
4,9<
5
4,739
4,550
4,449
5,082
5,939
Months
1972-Feb
Mar
Apr
May
June
July
Aug
Sept
1973- Jan
Feb
128,°8o
4,518
4,656
4,543
4,650
Calendar years:
1941-62
1963
1°64
1965
1966
1967
1968
196°
1970
1°71
1972
Oct
Noy
Dec
17,545
1,386
1,458
502
542
619
731
788
841
Ill, ,45
,
5,904
6,114
6,045
6,192
6,584
6,470
6,337
6,291
89
88
85
90
75
78
,
,
March 1973
69
.UNITED STATES SAVINGS BONDS
Table SB-3.
-
Sales and Redemptions by Periods, Series
E through K
-
(Continued)
(In millions of dollars)
Period
Fiscal years:
1941-62
1963
1964
1965
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Redemption 1/
Sales
price
y
Accrued
discount 2/
Exchange of
E bonds for
H bonds
103,700
3,914
4,136
4,112
4,246
4,599
4,466
4,343
4,289
4,870
5,650
17,545
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
2,056
2,310
121,245
5,300
5,594
5,614
5,787
6,217
6,196
6,131
6,130
6,926
7,960
82,377
4,203
4,363
4,538
4,801
4,895
5,154
5,548
5,959
4,959
4,972
73,962
3,461
3,609
3,705
3,904
3,982
4,178
4,462
4,722
3,877
3,941
976
1,086
1,237
1,082
1,031
105,417
4,185
4,132
4,092
4,450
4,574
4,452
4,221
4,503
5,218
5,922
18,241
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
2,192
2,426
123,658
5,589
5,623
5,606
6,031
6,255
6,209
6,052
6,412
7,411
8,348
84,381
4,229
4,425
4,650
4,913
4,941
5,300
5,835
5,626
4,871
5,007
75,615
3,495
3,646
3,787
3,997
4,022
4,283
4,661
4,405
3,851
3,964
8,766
733
780
863
916
919
1,017
1,173
1,221
1,020
1,042
506
551
June
747
675
728
711
419
426
400
446
327
336
312
330
356
92
89
88
85
90
27
476
546
506
183
196
199
182
205
July
Aug
Sept
Oct
Nov
Dec
461
534
452
444
521
428
222
194
207
211
192
223
684
728
659
655
713
651
419
454
410
375
387
365
333
363
330
300
309
291
86
91
80
75
78
74
27
30
26
530
558
235
204
764
762
504
386
348
119
92
1966
1967
1968
1969
1970
1971
1972
Calendar years
1941-62
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
Months
8,416
608
742
754
833
897
913
198
190
224
207
191
180
228
249
329
;
1972- Feb
Mar
Apr..
..
May
1973^1 an
Feb
415
440
32
27
28
28
26
27
22
29
30
Series H
Fiscal years:
1952-62
1963
1964
1965
1966
1967
1968
196Q
1970
1971
1972
7,745
604
521
431
404
367
273
207
160
212
289
7,745
604
521
431
404
367
273
207
160
212
289
1,658
298
373
449
504
553
8,028
8,028
1,806
328
416
467
564
497
615
730
655
366
353
1,806
328
416
467
564
497
29
32
28
30
28
29
32
28
30
,
,
Calendar years:
1952-62
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
575
575
477
394
410
324
244
172
477
394
410
324
244
561
650
762
457
359
162
259
314
172
162
259
314
31
31
31
31
26
27
26
26
27
26
;i
31
28
20
23
24
22
28
20
23
24
22
30
32
29
28
29
25
31
34
31
34
31
32
1,658
298
373
449
504
553
561
650
762
457
359
615
730
655
366
353
608
191
206
188
212
216
196
184
210
231
292
689
208
198
190
224
207
191
ISO
228
249
329
Months:
1972-Feb
Mar
Apr
May
June
July
Aug
Sept..
Oct
Nov
..
Dec
1973- Jan
Footnotes at end of Table SB-4
28
30
32
27
32
27
28
28
29
28
29
27
30
26
26
27
25
?2
31
29
32
30
Amount
outstanding
(interestbearing debt)
Treasury Bulled
10
.UNITED STATES SAVINGS BONDS.
Table SB-4.
-
Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Matured
Period
Total 1/
Fiscal years:
1951-56
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
Series E
and H
38,479
8,958
8,544
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
Calendar year:
1951-56
1957
1958
1959
1960
1961
1962
1963
196^
Unclassified
10/
Total
14,322
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
2,471
2,548
2,560
2,792
2,490
2,043
1,593
1,754
1,938
1,973
2,059
2,289
2,417
2,762
2,481
2,036
,424
7,988
2,084
1,691
2,433
1,944
1,633
1,656
1,617
1,889
1,932
2,080
2,041
2,443
2,601
2,827
2,014
2,047
185
Other
7,098
1,971
1,906
1,996
2,304
1,733
7,222
2,144
1,824
1,625
1,822
940
925
657
304
246
280
412
260
'
,
Total
5/
6/
7/
8/
2/
143
29
9
7
Series E
and H
Other
23,926
4,657
4,739
3,778
4,641
3,358
3,070
2,951
3,088
3,284
3,300
3,351
3,401
3,566
3,842
3,660
3,317
18,792
3,132
3,195
3,235
3,285
3,075
2,875
2,812
2,948
3,165
3,196
3,273
3,376
3,560
3,842
3,660
3,317
5,133
1,526
1,544
232
185
543
-150
-210
-212
23,360
5,207
3,841
4,520
3,938
3,100
3,002
3,031
3,157
3,287
3,384
3,413
3,455
3,726
3,885
3,305
3,337
18,155
3,322
3,091
3,445
3,114
3,899
2,827
2,905
3,026
3,176
3,277
3,370
3,441
3,724
3,885
3,305
3,337
5,204
1,886
1,356
283
196
139
75
M0
53
73
19
118
-121
104
79
25
6
172
99
33
213
115
-725
-23
1965
1966
,441
1967
1968
1969
1970
1971
1972
,793
133
,639
,295
,244
,365
15,752
4,156
3,393
4,701
3,033
2,555
2,387
2,043
2,171
2,148
2,472
2,386
2,652
2,686
2,841
2,022
2,053
449
458
428
446
474
233
155
190
181
185
232
154
189
180
159
395
273
268
281
159
395
273
268
281
Dec
449
487
439
403
416
390
138
192
177
153
133
149
138
192
176
153
133
149
287
281
308
267
262
260
287
281
308
267
262
260
-46
-17
21
-19
1973- Jan
Feb
536
472
158
239
158
239
272
317
272
317
106
-85
630
255
,772
732
595
602
021
,252
000
7,765
2,072
1,702
2,268
1,089
922
730
426
282
216
391
345
209
84
5/
6/
6/ 7/
7/8/
8/2/
2/
15
750
1,075
825
201
175
125
131
111
107
44
13
2
312
266
22
-449
-239
-60
213
-52
-76
6
144
-7
26
228
-431
-83
-24
Months
1972- Feb
Mar
Apr.
May....
June
July.
Aug
Sept
Oct
Nov.
.
.
Source:
Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
Note:
In these tables sales of Series A-F and J bonds are included at issue
price, and redemptions and amounts outstanding at current redemption
value. Series G,H, and K are included at face value throughout.
Matured bonds which have been redeemed are included in redemptions.
Matured J and K bonds outstanding are included in the interest-bearing
debt until all bonds of the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1/ Sales and redemption figures include exchanges of minor amounts of (1)
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957; (2) Series F and J bonds for Series H bonds beginning
January I960; and (3) U.S. savings notes for Series H bonds beginning
January 1972; however, they exclude exchanges of Series E bonds for
Series H bonds, which are reported in Table SB-3.
2J Details by series on a cumulative basis and by periods for Series A-D
combined will be found in the February 1952 and previous issues of the
Treasury Bulletin.
3y Because there is a normal lag in classifying redemptions, the distribution of redemption between sales price and accrued discount has been
estimated. Beginning with the Treasury Bulletin of March 1961 the
4/
5/
6/
7/
105
-170
*
-11
12
24
14
method of distributing redemptions between sales price and accrued
discount has been changed to reflect the distribution shown in final
reports of classified redemption. All periods shown have been revised
on this basis.
Series F and G sales were discontinued April 30, 1952, and Series J
and K sales were discontinued April 30, 1957. Sales figures after
April 30, 1957, represent adjustments.
Includes exchanges of Series 1941 F and G savings bonds for 3-1/4$
marketable bonds of 1978-83.
Includes exchanges of Series 1948 F and G bonds for 4-3/4$ marketable
notes of 1964.
Includes exchanges of Series 1949 F and G bonds for 4$ marketable bond
of 1969.
8/
9j/
10/
*
Includes exchanges of Series 1960 F and G bonds for 3-7/8? marketable
bonds of 1968.
Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/8$
marketable bonds of 1971 and 1$ marketable bonds of 1980.
Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
Less than $500,000.
March 1973
.UNITED STATES SAVINGS NOTES
United States savings notes were on sale May
through June 30,
1970.
1,
1967
The notes were eligible for purchase
by individuals with the simultaneous purchase of Series E
savings bonds.
demption
and information on investment yields of savings
notes appear in the Treasury Bulletins of March 1967 and
June 1968; and in the Annual Report of the Secretary of the
Treasury for fiscal year 1971.
The principal terms and conditions for purchase and re-
Table SN-1.
-
11
Sales and Redemptions by Periods
(In millions of dollars)
Treasury Bulletin
72
.OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-1.
-
Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
March 1973
73
.OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-2.
-
Estimated Ownership of Public Debt Securities by Private
Investors
(Par values 1/ in billions of dollars'!
Nonbank investors
End of
month
Total
privately
Commercial
banks
Individuals J/
Mutual
Savings bonds
2/
Total
Series
E and H
33.4
231.6
208.3
204.6
199.9
194.3
196.3
194.8
199.8
196.7
203.8
12.7
93.8
74.5
65.6
61.8
58.4
61.5
61.1
63.4
58.8
63.7
20.7
137.9
133.8
139.0
138.0
136.0
134.8
133.7
136.4
137.9
140.2
9.4
63.9
64.1
67.4
66.3
65.4
64.6
64.8
65.2
66.1
64.8
199.9
207.1
203.0
207.0
198.5
200.5
194.6
197.9
197.8
204.5
206.4
212.7
63.6
69.1
63.5
62.0
57.3
59.5
56.2
59.5
65.2
67.5
61.5
60.3
136.3
138.0
139.5
145.0
141.2
141.0
138.5
138.4
132.5
137.0
144.8
152.5
64.8
63.5
65.2
65.0
66.6
65.9
66.3
64.9
64.4
63.7
66.3
69.4
206.7
210.0
208.0
214.8
214.3
219.5
218.2
220.5
218.3
222.5
217.1
220.5
55.3
62.1
62.5
67.2
65.1
67.1
64.3
64.2
60.2
63.9
58.2
60.7
151.4
148.0
145.5
147.7
149.2
152.3
153.9
156.3
158.2
158.6
158.9
159.8
213.4
219.2
207.7
222.4
219.2
228.5
214.8
222.0
218.0
229.9
54.8
57.4
55.5
63.8
59.7
66.0
55.3
56.8
52.6
62.7
158.7
161.8
152.2
158.7
159.5
162.5
159.5
165.3
165.5
167.2
81.9
50.9
51.1
51.4
51.2
51.1
50.8
51.4
229.9
230.2
228.7
229.1
230.2
229.7
61.7
61.3
61.8
60.5
59.4
61.0
168.2
168.9
166.9
168.6
170.8
168.7
81.2
80.1
79.1
78.5
77.2
76.2
234.6
240.4
238.2
240.0
242.1
247.9
60.5
59.5
60.0
60.9
61.5
65.3
174.1
180.9
178.2
179.2
180.6
182.6
248.9
250.2
251.9
249.5
247.2
244.4
62.8
62.1
63.3
61.9
61.0
60.5
248.8
249.3
250.7
253.1
258.6
262.5
261.8
Insurance
companies
1.9
12.5
13.9
15.4
15.1
14.6
14.4
14.1
13.8
13.2
12.7
7.5
20.6
20.0
17.6
16.7
16.3
15.5
15.7
16.0
16.8
15.4
24.4
24.9
19.8
18.7
17.1
I6.4
15.7
16.0
16.0
15.9
41.6
42.1
42.5
42.6
42.4
12.1
11.7
10.9
10.2
9.4
8.7
7.6
6.6
5.9
5.2
4.5
3.5
15.2
13.6
15.0
14.8
16.3
15.8
17.2
16.7
16.4
16.0
19.3
23.5
69.7
66.1
64.6
65.9
65.7
66.0
66.0
68.2
68.8
69.8
70.9
72.1
42.5
42.9
43.6
44.2
44.6
45.1
46.0
46.7
47.3
47.9
48.3
48.8
3.1
2.7
2.5
2.2
2.1
1.9
1.6
1.5
1.3
1.2
1.0
.9
73.1
74.6
70.9
74.0
74.8
75.8
77.9
81.4
82.5
49.2
49.8
50.4
.7
5.7
savings
banks
2.7
11.1
11.8
Corporations 4/
State
and
local
governments
Foreign
and international
Other
investors
6/
.4
.3
9.8
9.6
9.5
9.5
9.2
2.0
19.9
15.3
18.4
19.7
20.1
20.7
18.8
19.9
18.6
21.5
6.7
6.3
8.7
8.8
9.4
9.6
10.4
11.1
12.0
12.7
4.3
4.7
5.3
5.7
5.9
9.5
9.3
9.6
9.3
9.6
9.4
9.7
9.4
10.0
10.2
15.4
15.3
15.0
14.6
13.6
13.2
12.7
12.5
12.2
12.6
12.6
12.5
9.1
8.8
8.7
8.5
8.3
8.0
7.9
7.6
7.4
7.2
7.3
6.9
16.5
19.1
18.6
23.2
17.3
18.7
16.1
17.7
14.1
18.1
19.8
21.4
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
16.3
16.5
16.9
18.0
6.0
6.3
6.8
7.5
7.9
7.8
7.6
7.6
6.5
7.7
10.1
12.0
10.6
10.6
10.5
10.8
11.4
11.1
11.1
11.5
11.6
11.2
11.8
12.3
24.1
20.5
18.6
19.5
18.9
19.1
18.5
20.0
20.2
20.7
21.5
22.4
12.0
11.8
11.4
11.3
11.3
11.5
10.9
11.2
10.8
11.0
10.5
10.3
6.6
6.2
6.3
6.1
6.2
6.0
6.0
5.6
5.8
19.5
18.7
18.5
18.5
18.2
18.6
18.7
18.7
18.9
18.2
15.3
15.8
18.8
18.7
19.3
19.0
20.1
20.1
21.4
21.1
22.5
21.1
24.1
22.9
12.3
13.0
12.7
13.4
14.1
15.3
15.8
15.9
15.6
16.7
15.7
16.7
12.5
13.5
12.7
13.5
13.6
14.8
15.1
15.6
15.8
16.3
16.8
16.7
23.2
24.3
20.2
22.8
23.3
23.9
26.1
29.6
30.9
29.8
9.6
9.5
8.6
8.6
8.1
8.0
7.7
7.1
6.8
7.0
2.9
2.9
2.8
14.2
14.9
11.0
12.2
13.0
14.2
12.6
11.7
10.0
15.4
14.5
14.7
15.8
12.9
14.3
11.1
11.2
14.8
20.6
16.9
19.4
19.3
19.9
22.2
22.4
21.8
25.0
22.0
9.4
24.5
24.3
23.6
24.1
24.6
24.4
25.2
25.9
26.4
25.2
20.4
51.4
51.6
51.8
52.1
52.3
52.5
29.1
27.8
26.5
25.7
24.3
23.0
7.3
7.2
6.8
6.8
6.8
6.6
2.7
2.8
2.8
2.8
2.9
2.9
9.8
9.0
9.6
9.2
9.5
10.1
25.4
26.3
25.8
25.6
25.7
25.5
20.9
22.9
25.4
29.2
33.8
32.7
20.8
20.5
17.2
16.5
15.0
14.9
75.9
75.6
75.3
75.0
74.2
74.0
52.7
53.0
53.1
53.4
53.6
53.8
22.5
22.0
21.5
21.0
20.0
19.6
6.7
6.7
6.5
6.5
6.5
6.6
2.9
2.8
2.8
2.8
2.7
2.7
11.1
10.8
10.2
11.0
11.9
12.4
26.1
25.4
25.3
25.2
24.7
25.0
35.4
42.7
42.4
42.8
44.1
46.9
15.9
16.8
15.8
15.9
16.4
15.0
186.1
188.1
188.6
187.5
186.2
183.9
73.6
73.6
74.7
74.6
74.4
74.0
54.0
54.3
54.6
54.9
55.2
55.4
19.0
18.7
19.5
19.1
18.6
18.0
6.5
6.5
6.5
6.4
6.3
6.2
2.7
2.7
2.7
2.7
2.8
2.7
11.8
12.1
11.6
10.5
11.3
10.3
25.5
26.2
25.8
25.7
25.5
25.9
48.2
48.9
49.9
49.8
49.4
50.0
17.7
18.1
17.5
16.6
14.9
60.2
60.0
60.8
61.0
63.5
67.0
188.6
189.3
189.9
192.1
195.2
55.7
56.0
56.2
56.5
56.8
57.1
18.0
17.6
17.2
17.0
17.1
17.0
6.1
195.5
74.3
74.2
74.0
74.1
74.5
74.7
6.1
6.0
2.7
2.6
2.8
2.7
2.7
2.6
10.0
9.5
8.9
10.4
12.0
11.7
26.5
26.5
27.2
28.0
27.9
28.3
54.6
55.9
55.3
55.8
56.0
55.3
14.5
14.6
15.7
15.2
16.1
17.0
66.0
195.9
74.7
57.4
6.1
2.6
12.3
29.5
54.3
16.3
30.8
30.3
34.5
34.5
34.5
34.7
34.9
35.3
36.0
36.7
37.5
38.2
39.3
40.1
40.9
41.4
a. 5
Office of Debt Analysis in the Office of the Secretary.
United States savings bonds, Series A-F and J, are included at current
redemption value.
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.
Includes partnerships and personal trust accounts.
Exclusive of banks and insurance companies.
irce:
Other
Series 7/
Other
securities
.5
.3
.3
.4
.5
.6
.7
16.8
6.0
6.1
5.9
11.6
10.9
10.2
5.5
5.6
5.3
5.0
4.6
4.1
4.1
3.9
3.6
3.3
%/ Consists of the investments
6/
Jj
!
.
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 accountj and government- sponsored
agencies.
Includes U.S. savings notes. Sales began May 1, 1967 and were discontinued after June 30, 1970.
Preliminary
p
Treasury Bullet
74
TREASURY SURVEY OF OWNERSHIP, JANUARY
The monthly Treasury Survey of Ownership covers securi-
31, 1973,
19Ul Treasury Bulletin, for corporations and savings and L
ties issued by the United States Government, Federal agencies
associations in the September i960 Bulletin, and for State
Federally -sponsored agencies, and the District of Columbia.
local governments in the February 1962 Bulletin.
The banks and insuri
rently account
for
.ice
companies included in the Survey cur -
about 90 percent of all such securities
held by these institutions.
The similar proportion for cor-
porations and for savings and loan associations is 50 percent,
and for State and local governments, 70 percent.
Data were
first published for banks and insurance companies in the May
Table TSO-1.
-
Summary
Holdings by commercial banks distributed according
Federal Reserve member bank classes and nonmember banks
published for June 30 and December 31.
ate pension trust funds
are
published quarterly, first
pearing in the March 195U Bulletin.
of Federal Securities
Holdings by corp
arch 1973
75
.TREASURY SURVEY OF OWNERSHIP.JANUARY
Table TSO-2.
-
31,
1973
Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values
-
in millions of dollars)
Held by Investors covered in Treasury Survey
Total
amount
outstanding 1/
Classificati-
rpe
security
U.S. Government accounts and
Federal
Reserve
banks
Insurance companies
481
5,624
commercial
banks
mutual
savings
banks
2/
290
life
2/
State and local
governments
487
448 firej
casualty,
and
marine
savings
and loan
associa-
464
corporations
tions
316
general
funds
189
pension
and retirement
funds
Held by
all
other
investors 3/
:
sued by U.S. Government:
li-easury bills
104,901
121,515
44,705
total
32,227
46,168
13,200
9,447
35,640
271,121
treasury notes
treasury bonds
91,594
51,667
257
1,516
338
.
122
367
2,443
578
1,616
825
3,018
1,355
1,121
5,815
2,337
1,852
307
154
1,454
52,876
31,405
15,279
2,322
2,612
253
957
1,112
3,019
5,493
10,004
1,916
39,561
598
957
405
216
110
37
922
1,194
633
149
79
41
3,908
1,404
122
49
340
283
278
430
440
6
6,789
1,967
699
190
206
154
iturlty distribution
1 classes (due or first
:
coming callable )
1th in 1 year
to 5 years
to 10 years
to IS years
5 to 20 years
years and over
131,454
89,778
30,645
8,321
5,992
4,932
,
otal
41,381
31,529
11,930
3,850
1,759
1,145
urity classes (final
turity):
1 thin 1 year
to 5 years
to 10 years
3 to 15 years
5 to 20 years
) years and over
131,454
88,572
29,142
7,270
3,001
6,682
494
1,178
494
118
165
163
913
364
654
516
145
59,512
23,274
9,465
2,421
2,417
2,472
594
271,121
17,345
27,670
5,706
533
158
254
51,667
2,612
2,933
2,322
3,019
5,493
10,004
1,916
99,561
494
1,162
462
92
224
177
165
282
635
530
725
598
933
361
119
236
77
922
1,180
606
99
129
83
908
404
122
42
9
10
6,789
1,905
611
235
285
180
340
178
222
190
576
409
59,512
22,884
8,857
2,178
3,013
3,118
2,322
3,019
5,493
10,004
1,916
99,561
41,381
31,046
11,646
3,193
2,564
1,764
91,594
)tal
>tes at
17,345
27,599
5,621
'-,'--"
592
241
269
2,612
165
322
595
...-•:
5
end of Table TS0-6.
Table TS0-3.
-
Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in
minions of dollars)
Held by investors covered in Treasury Survey
Total
amount
out standing 1/
Issue
mry Sills
"
eb.
Insurance companies
5,624
commercial
banks
2/
481
mutual
savings
banks
2/
290
life
443 fire,
casualty,
and
marine
18,508
22,724
18,510
11,208
9,308
9,308
>ec.
1,801
1,802
1,802
1,300
6,688
7,574
6,487
2,733
2,078
2,829
365
634
609
553
786
an.
1974
1,304
779
519
2,012
2,510
38
62
790
173
104,901
32,22"
9,44-7
*r.
by.
fune
fuly
tug.
Sept.
let.
kw.
mticipation:
pr.
1973
une
1973
otal Treasury Bills
xs
State and local
governments
corpo
rations
189
general
funds
pension
and retirement
funds
Held by
all
other
investors 37
amwai
1973
1973
1973
1973
1973
1973
1973
1973
1973
1973
1973
lar.
437
savings
and loan
associations
:
jular weekly and
airing:
r
U.S. Government accounts and
Federal
Reserve
banks
at end of Table ISO -6.
1,141
50
21
55
1,628
1,149
875
1,634
963
210
223
48
23
17
10
69
91
2
14
25
20
23
18
8
16
54
11
38
1
10
45
1
1
med
33
84
75
95
130
48
95
79
779
933
979
740
11
18
451
345
6
220
540
290
258
233
194
85
19
32
12
19
45
98
46
46
48
94
90
40
26
280
780
1,466
3,018
5,815
30
257
on following page
253
578
1,097
1,550
1,110
350
553
339
185
82
81
98
18
24
2
9,057
11,165
9,208
6,874
4,665
4,859
2
307
52,876
Treasury Bulletin
76
TREASURY SURVEY OP OWNERSHIP.JANUARY
Table TSO-3.
-
31, 1973.
Interest-Bearing Marketable Public Debt Securities by Issue
-
(Continued)
(Ear values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/
Treasury notes
Feb.
A-l/8%
6-1/2
Feb.
May
4-3/4
May
7-3A
8-1/8
Aug.
Feb.
7-3/4
May
7-1/4
5-5/8
Aug.
Sept.
6£
Nov.
5-3/4
7-7/8
Dec.
Feb.
5-3/4
Feb.
5-7/8
May
5-7/8
6
May
5-7/8
Aug.
U. S. Govern-
ment accounts and
Federal
Reserve
banks
5,624
commercial
banks
481
mutual
savings
banks
2/
1/
Insurance companies
290
life
488 fu-e,
casualty,
and
marine
487
savings
and loan
associations
State and local
governments
464
corporations
189
pension
316
general and retirement
funds
funds
:
7
5-7/8
6-1/4
5-3/4
6-1/2
7-1/2
6-1/4
8
7-3/4
6-1/4
6
6-1/4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
Nov.
Feb.
Feb.
May
May
Aug.
Nov.
Feb.
Aug.
Feb.
Nov.
Aug.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1973-D.,
197 3-C,
1973-E.
1973-A.
1973-B.,
1974-C.
1974-D.
1974-B.,
1974-E.
1974-A.
1974-F.
1975-A.
1975-E.
1975 -F.
1975-B..
1975-C,
1975 -D..
1976-F.
1976-A..
1976-E.
1976-B.
1976-C.
1976-D..
1977-A.
1977-B.
1978-A.
1978-B.
1979-A.
1973-EA,
1973-EO,
1974-EA,
1974-EO.
1975-EA,
1975-EO,
1976-EA,
1976-EO
1977-EA.
1977-EO,
1,839
197
2,589
2,684
330
294
969
5,800
36
060
442
2,199
,102
36
015
,222
,776
1,519
100
69
4,475
2,675
764
1,113
2,859
528
764
1,612
184
3,036
820
3,348
3,627
1,699
,760
679
,115
,945
739
,802
,697
194
,325
,163
264
,389
,207
,559
i,337
1,428
590
1,215
738
1,446
1,873
2,174
1,241
1,277
1,304
1,078
695
907
789
2,859
1,137
2,008
354
1,290
636
1,027
2,013
869
577
1,939
1,959
848
7
25
25
13
47
30
66
47
134
23
59
28
49
4
1
3
1
39
51
90
11
1
9
32
52
8
72
6
2
6
27
129
24
40
2
7
7
18
44
12
25
10
74
4
1
61
60
3
55
43
86
2
6
37
59
6
3
71
49
20
m
1
47
31
58
15
64
39
29
44
132
40
35
32
96
13
44
72
53
22
36
33
21
47
26
13
83
23
24
219
203
61
2
31
166
67
65
33
12
38
13
33
15
27
4
1
40
76
19
19
98
31
37
6
6
7
99
101
40
39
94
105
78
59
52
75
42
26
11
18
4
44
7
151
5
38
11
30
45
15
25
44
18
34
1
1
1
1
12
31
93
79
185
129
103
23
100
86
107
97
68
50
124
14
15
47
38
183
32
31
89
143
40
4
2
2
7
11
17
19
4
4
6
1
2
3
7
1
4
12
27
6
7
12
2
8
15
*
1
34
152
115
41
123
1
30
34
7
1
5
3
42
8
30
27
11
2
5
2
*
2
7
5
6
2
1_
121,515
Total Treasury notes
Treasury bonds
Aug.
i%
4-1/8
Nov.
4-1/8
Feb.
May
4-1/4
3-7/8
Nov.
May
4-1/4
June
3-1/4
,268
,514
,792
,844
,839
,960
334
,284
46,163
35,640
1,516
367
957
1,616
1,355
2,337
154
894
,338
,467
854
661
544
487
160
483
284
853
749
400
970
,330
229
866
1,113
1,462
814
917
297
39
57
45
42
16
16
106
140
78
114
48
80
103
92
81
36
252
249
218
228
86
14
10
72
85
139
115
40
580
15
32
42
32
14
70
20
15
1
1
229
282
97
117
88
62
89
207
108
:
4
3-1/2
7
6-3/8
6-3/8
3-1/4
6-l/8
4-1/4
4
4-1/8
3-1/2
6-3/4
3
3-1/2
Feb.
Nov.
Aug.
Feb.
Aug.
May
Nov.
Aug.
Feb.
May
Feb.
Feb.
Feb.
Nov.
1973...
1973. .
1974...
1974...
1974...
1975-85
1978-33
1980...
1980...
1981...
1982...
1984...
1985...
1986.
.
1987-92
1988-93
1989-94
1990...
1993...
1995...
1998...
Total Treasury bonds
Total marketable public
debt securities
Footnotes at end of Table TS0-6.
851
215
,206
,502
580
,899
807
702
,353
993
216
759
239
,511
242
627
953
352
70
550
,140
99
154
892
44,705
13,200
6,580
271,121
91,594
51,667
,424
293
51
5
16
9
73
92
97
2
12
144
192
10
151
21
15
14
47
4
128
838~
2,612
11
8
13
39
278
125
375
24
44
68
55
28
67
40
1
1
21
28
25
105
56
101
66
3
6
26
16
189
65
12
15
9
35
4
46
1
3
5
166
93
8
105
6
21
179
6
47
101
401
9
151
29
4
24
38
3
19
12
8
22
37
42
*
3
8
34
37
478
37
70
6
10
21
2
6
33
2,443
1,112
825
1,121
1,852
1,454
2,933
2,322
3,019
5,493
10,004
1,916
51
574
14
24
4
1
13
251
176
5
39
101
March 1973
77
.TREASURY SURVEY OF OWNERSHIP, JANUARY
Table TSO-4.
-
31, 1973
Interest-Bearing Nonmarketable Public Debt Securities by
Type
78
Treasury Bulleth
.TREASURY SURVEY OP OWNERSHIP.JANUARY
Table TSO-6.
-
Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par values - in millions of dollars)
Issue
Banks for cooperatives
Feb.
4.90$
5.40
5.45
5.30
5.60
7.30
:
Total
Farmers Home Administration:
31, 1973
March 1973
79
.TREASURY SURVEY OP OWNERSHIP, JANUARY
Table TSO-6.
31,
1973
- Securities Issued by
Government-Sponsored Agencies
and the District of Columbia - (Continued)
Total
amount
outstanding
eral Land Banks
'?.'
:
Treasury Bullet
80
TREASURY SURVEY OF OWNERSHIP,, JANUARY
Table TSO-6.
•
31,
1973.
Securities Issued by Government-Sponsored Agencies
and the District of Columbia
-
(Continued)
{Par values - in millions of dollarsj
March 1973
81
.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 MQ-1.
Amount outstanding
(millions)
28, 1973
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
Treasury Bulletin
82
.MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY
Table MQ-3.
-
Treasury Bonds
28, 1973,
March 1973
83
MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY
LO
CO
03
co
OJ
LO
CO
28, 1973
84
Treasury Bulletin
AVERAGE YIELDS OF LONG -TERM BONDS,
Table AY-1.
Treasury
bonds 1/
-
Average Yields of Long-Term Treasury, Corporate and Municipal Bonds by Periods
Aa new
corporate
bonds 2/
S.
I.
A.
new Aa
municipal
bonds 2/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
Monthly series
-
S.
I.
A.
new Aa
municipal
bonds 2/
Treasury
bonds 1/
Aa new
corporate
bonds 2/
S.
I.
A.
new Aa
municipal
bonds 2/
Treasury
bonds 1/
5.92
averages of daily or weekly series
1968
Jan.
Feb.
Mar.
Apr.
May.
June
July
4.08
4.09
4.01
3.89
3.88
3.90
.
!. L'
3.10
2.95
3.05
3.15
4.14
4.16
4.15
4.15
4.14 1/
4.14
3.00
3.08
3.10
3.05
3.10
3.20
5.16
5.39
5.28
5.40
5.23 1/
6.57
6.57
6.80
6.79
7.00
7.02
4.10
4.25
4.35
4.23
4.37
4.47
3.20
3.15
3.30
3.30
3.35
3.45
5.09
5.04
5.09
5.24
5.36
5.66
6.91
6.54
6.69
6.88
7.00
7.28
4.45
4.20
4.30
4.30
4.50
4.63
4.02 lj
3.98
3.20
3.08
3.05
Dec
3.87
3.00
4.15
4.19
4.25
4.28
4.34
4.43
Jan.
Feb..
Mar.
Apr.
May.
.89
2.98
3.00
2.95
3.00
3.00
3.10
4.43
4.61
4.63
4.55
4.57
4.63
3.65
3.63
3.65
3.45
3.60
3.70
5.74
5.86
6.05
5.84
5.85
6.05
7.29
7.33
7.76
7.54
7.62
8.04
4.75
4.80
5.10
3.08
3.00
3.10
75
80
3.80
4.10
3.93
3.85
3.90
3.80
6.07
6.02
6.32
6.27
6.52
6.81
8.06
8.05
8.36
8.46
8.94
9.22
5.60
5.90
6.05
5.90
6.05
6.65
4.45
4.51
4.76
4.86
3.40
3.50
3.50
3.55
3.83
3.90
86
44
39
4.86
4.95
4.99
5.19
5.44
5.36
3.90
3.85
4.00
4.10
4.30
4.35
6.57
6.75
6.63
6.59
6.24 1/
5.97
Aug.
Sept
Oct.,
Nov.
:'•'
4
3.92
3.93
June
July
Sept
4.01
3.99
4.04
Oct.
Nov.
Dec.
4.11
4.14
Aug.
''"
70
74
.
.
65
Jan.
Feb.
Mar.
Apr.
May.
4.40
.
.
.18
.20
.
June
.13
3.20
July
.13
3.10
3.10
Aug.
Sept
Oct.
Nov.
Dec.
.
.16
.12
.14
.
.
.
1970
1967
196.
3.12
3.10
5.13
5.20
5.60
2
53
94
»'
9.00
8.84
9.00
9.09
9.53
9.70
6.55
6.25
6.15
6.60
7.00
7.10
9.09
9.08
9.00
6.22
6.00
6.15
6.25
6.05
5.20
'.1..
8.97
.
Aa new
corporate
bonds 2/
March 1973
85
AVERAGE YIELDS OF LONG -TERM BONDS,
oo
Treasury Bulletin
86
INTERNATIONAL FINANCIAL STATISTICS
The tables in this section are designed to provide data
on United States reserve assets and liabilities and other
statistics related to the United States balance of payments
and international financial position.
A number of changes
were introduced in the May 1967 and July 1972 issues of the
Bulletin to increase the usefulness of this section.
Table ITS- 1 shows the reserve assets of the United States,
including its gold stock, special drawing rights held in the
Special Drawing Account in the International Monetary Fund,
holdings of convertible foreign currencies, and
reserve
position in the International Monetary Fund.
Table IFS-2 brings together statistics on liquid and
nonliquid liabilities to foreign official
institutions,
and liquid liabilities to all other foreigners, which are
Table IFS-1.
-
used in the
United States balance-of-payments
statistics.
Table IFS-3 presents an area breakdown of United States
liquid and nonliqu id liabilities to official institutions of
foreign countries.
Table IFS-4 shows United States Treasury nonmarketable
bonds and notes issued to official institutions of foreign
countries.
Table IFS-5 sets forth the factors which affect the
United States position in the International Monetary Fund.
Table IFS-6 presents United States net monetary gold
transactions with foreign countries and international and
regional organizations.
U.S. Reserve Assets
(In millions of dollars)
Gold stock 1/
End of
calendar year
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
Total
reserve
assets
24.832
22,540
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
15,710
16,964
14,487
12,167
13,151
1972- Feb
Special
drawing
rights 1/
Total 2/
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806 6/
13,235
12,065
10,892
11,859
11,072
10,206
10,487
22.781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733 6/
13,159
11,982
10,367
10,367
10,732
10,132
10,410
851
1,100
1,958
9,662
9,662
9,662
10,490 2/
10,490
2/
8/
Treasury
9,588
9,588
9,588
10,410 2/
10,410
1,810
1,810
1,803
1,958 2/
1,958
276
212
429
469
457
203
234
June
12,330
12,270
12,285
13,345
13,339
July
Aug
Sept
Oct
Nov
Dec
13,090
13,124
13,217
13,313
13,307
13,151
10,490
10,488
10,487
10,487
10,487
10,487
10,410
10,410
10,410
10,410
10,410
10,410
1,958
1,958
1,958
1,958
1,958
1,958
13,054
12,926
10,487
10,487
10,410
10,410
1,958
1,958
Mar
Apr
May
1973-Jan
Feb. 10/.
1/
2/
y
Convertible
foreign
currencies ij
2/
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
For corresponding liabilities see Table
Fund under quota increases.
IFS-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 TUS-4.
Includes initial allocation on January 1, 1970 of $867 million, second
allocation on January 1, 1971 of $717 million and third allocation on
in the
January 1, 1972 of $710 million of special drawing rip'
Special Drawing Account in the International Monetary r'und, plus or
minus transactions in SDR.
Includes holdings of Treasury and Federal Reserve System.
The United States has the right to purchase foreign currencies equivalent to its reserve position in the Fund automatically if needed.
Under appropriate conditions the United States could urchase addiSee Table IFS-5.
il amounts equal to the United States quota.
•
6/
7/
g/
oy
10/
116
99
212
432
781
1,321
2,345
3,528
2,781 7/
629
276 8/
241
323
4U
403
241
140
3
Reserve
position in
International
Monetary Fund £/
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 6/
326
420
1,290
2,324
1,935
585
465
582
586
391
428 2/
434
439
444
449
454
459
465
469
473
Reserve position includes, and gold stock excludes, $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.
Includes gain of $67 million resulting from revaluation of the German
mark in October 1969, of which $13 million represents gain on German
mark holdings at time of revaluation. See also footnotes 3 and 4,
Table IFS-4.
Includes $28 million increase in dollar value of foreign currencies
revalued to reflect market exchange rates as of December 31, 1971. See
also footnotes 3 and 6, Table IFS-4.
Total reserve assets include increase of $1,016 million resulting from
change in par value of the U.S. dollar on May 8, 1972, consisting of
$828 million total gold stock, $822 million Treasury gold stock, $155
million special drawing rights and $33 million reserve position in
the International Mone*
Dollar equivalents not revalued to reflect end-February 1973 de facto
conversion rates.
March 1973
87
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-2.
-
U.S. Liquid and Other
and Liquid
Liabilities to Foreign Official Institutions,
Liabilities to All
Other Foreigners
(In millions of dollars)
Liabilities to foreign countries
Liquid liabilities
to other foreigners
Official institutions 2/
End of
calendar
year
or month
Liquid
liabilities
to IMF
arising
from
gold
transactions 1/
Total
Liquid
Short-
Total
n.a.
n.a.
Market-
term
able
liabil- U.S.
ities
Treasury
reported bonds
by banks and
in U.S. notes 2/
Nonmarketable
convertible U.S.
Treasury
bonds
and
notes
Nonmarketable
nonconvert-
Other
readily
marketable
ible U.S.
liabil- Treasury
ities tj
bonds and
notes £/
Liquid
liabilities
ShortMarketto nonterm
able
monetary
liabilU.S.
internaities
Gov't
tional
reported bonds
and reby banks and
gional
in U.S.
notes 2/ 1/ organizations &/
Liquid
liabilities
to
banks 6/
200
200
500
3,472
3,520
10,120
7,917
3,665
9,154
n.a.
19,428
966
4,678
2,940
2,252
2,430
2,399
n.a.
541
764
1,047
1,190
'20,994
21,027
800
800
11,078
11,088
10,212
10,212
866
876
4,818
4,818
2,773
2,780
2,230
2,230
543
550
1,525
1,541
22,853
22,936
800
800
11,830
11,830
10,940
10,940
890
890
5,404
5,484
2,871
2,873
2,355
2,357
516
516
1,948
1,949
24,268
24,268
800
800
12,948
12,914
11,997
11,963
751
751
200
200
5,346
5,346
3,013
3,013
2,565
2,565
448
448
2,161
2,195
26,433
26,394
800
800
14,459
14,425
12,467
12,467
1,217
1,183
703
703
9
9
63
63
5,817
5,817
3,397
3,387
3,046
3,046
351
341
1,960
1,965
f 29, 313
800
800
15,790
15,786
13,224
13,220
1,125
1,125
1,079
1,079
158
158
204
204
7,271
7,303
3,730
3,753
3,354
3,377
376
376
1,722
1,722
29,569
834
15,826
13,066
1,105
1,201
120
334
7,419
4,059
3,587
472
1,431
^1,145
31,020
1,011
1,011
14,841
14,896
12,484
12,539
860
860
256
256
913
913
328
328
10,116
9,936
4,271
4,272
3,743
3,744
528
528
906
905
T35.819
35,667
1,033
1,033
18,201
18,194
L4,034
14,027
908
711
711
1,807
1,807
741
741
11,209
11,085
4,685
4,678
4,127
4,120
558
558
691
677
[38,687
38,473
1,030
1,030
17,407
17,340
11,318
11,318
529
462
701
701
2,341
2,341
2,518
2,518
14,472
14,472
5,053
4,909
4,444
4,444
609
465
725
722
[_45,914
1,019
1,019
15,975 11
15,998
11,054
11,077
346
346
1,505
1,505
2,515 11
2,515
23,638
23,645
4,464
4,589
3,939
4,064
525
525
659
663
f47,009
46,960
566
566
23,786
23,775
19,333
19,333
306
295
429
429
695
695
3,023
3,023
17,137
17,169
4,676
4,604
4,029
4,039
647
,
565
844
846
'67,681
67,810
544
544
51,209
50,651
39,679
39,018
1,955
1,955
6,060
6,093
144
144
3,371
3,441
10,262
10,950
4,138
4,141
3,691
3,694
447
447
1,528
1,524
61,469
39,942
5,236
12,108
544
3,639
14,855
4,950
4,52?
425
1,626
4,153
4,204
4,194
4,242
4,284
4,475
3,763
3,812
3,818
3,853
3,889
4,103
390
392
376
389
395
372
1,684
1,622
1,549
1,447
1,429
1,477
15,825
1
I
I
2/
16,8-45
2/
29,364
,
'
45,755 11/
82,900
972- Jan
Feb
Mar
Apr
May....
June
July...
Aug
Sept...
Oct
Nov
Dec. p.
973- Jan. p.
555 11/
.555
51,514
52,799
53,806
54,093
53,579
54,604
39,581
40,679
40,980
38,723
37,850
38,603
2,260
2,399r
2,644r
2,668r
3,018r
3,292r
6,094
6,094
6,094
8,594
8,594
8,594
138
186r
365r
385r
394r
392r
3,441
3,441
3,723
3,723
3,723
3,723
11,171
11,373
11,464
12,433
12,821
13,444
77,473
79,454r
79,731r
81,422r
82,373
82,900
59,426
60,601r
60,070r
60,926r
61,122
61,469
39,787
40,611
39,628
40,261
40,040
39,942
3,516r
3,881r
4,117r
4,457r
4,834
5,236
12,094
12,094
12,095
12,097
12,098
12,108
382r
368r
544
3,647
3,647
3,804
3,651
3,651
3,639
12,127
12,912
13,585
14,180
14,781
14,855
4,492
4,418
4,630
4,823
4,745
4,950
4,122
4,040
4,241
4,417
4,322
4,525
370
378
389
406
423
425
1,428
1,523
1,446
1,493
1,725
1,626
82,052
60,753
38,492
5,798
12,110
573 f
3,780
14,819
4,890
4,465
425
1,590
544
69,066
69,998
71,013
72,215
72,113
74,000
Table is based on Treasury Department data and on data reported to
the Treasury Department by banks and brokers in the United States.
Data correspond generally to statistics following in this section and
in the "Capital Movements" section, except for the exclusion of nonmarketable, nonconvertible U.S. Treasury notes issued to foreign official nonreserve agencies and the inclusion of investments by foreign
official reserve agencies in debt securities of U.S. Federally-sponsored agencies and U.S. corporations. Table excludes International
Monetary Fund "holdings of dollars," and holdings of U.S. Treasury
letters of credit and nonnegotiable, noninterest-bearing special U.S.
notes held by other international and regional organizations. The
liabilities figures are used by the Department of Commerce in the statistics measuring the balance of international payments of the United
States.
However, this table does not include changes in liquid claims
reported by U.S. banks and nonbanking concerns, which are used in
calculating the net liquidity balance, or certain nonliquid liabilities
to foreign official institutions which enter into the calculation of
the official reserve transactions balance.
In addition, the balanceof -payments statistics include certain adjustments to Treasury data
prior to 1963 and some rounding differences, and may differ from the
Treasury data because of varying timing in incorporating revisions.
J Includes liability on gold deposited by the International Monetary Fuiiu
to mitigate the impact on the U.S. gold stock of foreign purchases forgold subscriptions to the Fund under quota increases, and U.S. Gov^
raent obligations at cost value and funds awaiting investment obtained
from proceeds of sales of gold
rnational Monetary Fund to
the United States to acquire income -earning assets.
/ Includes Bank for International Settlements and European Fund.
/ Derived by applying reported transactions to benchmark data; breakdown
of transactions by type of holder estimated 1960-1963.
/ Includes long-term liabilities reported by banks in the United
426r
460r
499
rte:
%/
6/
7/
8/
9_/
10/
11/
12/
I
n.a.
States and debt securities of U.S. Federally-sponsored agencies and
U.S. corporations.
Excludes notes issued to foreign official nonreserve agencies.
Includes short-term liabilities payable in dollars to foreign banks,
and short-term liabilities payable in foreign currencies to foreign
banks and to "other foreigners."
Includes marketable U.S. Government bonds and notes held by foreign banks.
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development BFrom December 1957 through January 1972 includes difference between
cost value and face value of securities in IMF gold investment account.
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.
Includes $101 million increase in dollar value of foreign currency
liabilities resulting from revaluation of the German mark In October
liquid $17 million; nonliquid $84 million.
1969, as follows:
Ine because
Data on the second line differ from those on the
certain accounts previously classified as "official institutions" are
included with "banks"; a number of reporting banks are included in the
series for the first time; and U.S. Treasury liabilities payable in
foreign currencies to official institutions of foreign countries are
increased in value to reflect market exchange rates as of December 31,
U.S. Treasury certificates, $7 million; nonmarketable
1971, as follows:
convertible U.S. Treasury bonds and notes, $33 million; and nonmarketable
nonconvertible U.S. Treasury bonds and notes, $70 mil'.
Preliminary.
Not available.
Revised.
p
r
Treasury Bulletin
88
INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-3.
-
U.S. Liquid and Other Liabilities to Official Institutions
of Foreign Countries, by Area
(In millions of dollars)
Latin
American
Republics
Total
fore ign
countries
Western
Europe
1/
1963
14,425
8,508
1,789
1964
15,786
9,325
1,812
1,283
1965
15,826
8,826
1,702
1,550
14,841
14,896
7,772
7,772
1,333
1,333
18,194
10,321
17,407
17,340
8,070
8,062
7,074 4/
7,074 A'
End of
calendar year
or month
1966 J/.
.
1967
1968 J/.
.
1969 i/.
.
.
1970 i/.
.
.
1971 i/
5/,
15,975 A/
15,998
V
Canada
Africa
countries
2/
2,740
154
176
3,028
160
178
•
194
245
1,310
1,310
3,900
3,955
278
278
248
248
1,310
1,582
4,428
250
303
1,867
1,866
1,865
1,865
5,043
4,997
259
248
303
302
1,624
1,624
1,888
1,911
4,552
4,552
546
546
291
2^1
.
iC
23,786
23,775
13,620
13,615
2,951
2,951
1,681
1,681
4,713
4,708
407
407
414
413
51,209
50,651
30,010
30,134
3,980
1,4H
14,519
13,823
415
415
871
870
1972
61,469
34,192
4,279
1972- Jan
Feb
Mar.
Apr.
51,514
53,806
54,093
53,579
54,604
30,266
31,190
31,588
31,358
30,935
31,910
3,974
3,981
4,052
4,181
4,316
4,486
1,402
1,330
1,323
1,492
1,476
1,473
14,430
14,792
15,191
15,249
14,967
14,572
59,426
60,601r
60,070r
60,926r
61,122
61,469
36,380
36,612r
35,985r
35,078r
34,608
34,192
4,446
4,463
4,469
4,468
4,289
4,279
1,393
1,415
1,363
1,468
1,439
1,721
14,727
15,352
15,291
16,805
17,372
17,542
60,753
34,152
4,201
1,717
16,996
';:,
.
.
.
.
May
June.
July.
.
Aug
Sept.
Oct...
Nov .
Dec. p.
.
197 3-Jan.
p.
'.'"'-i
1,429
2,964
17,542
426
673
March 1973
89
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-4.
-
Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions of Foreign Countries
(In millions of dollars or dollar equivalent)
Payable in dollars
End of
calendar
year
or month
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
Total
2
r
Canada
1/
163
,431
,480
,829
32
32
32
32
14,333
20
125
329
299
144
314
1,334
1,129
2,289
2,640
2,840
9,658
9,940
12,440
12,441
12,441
7,829
8,188
10,688
10,688
10,688
32
32
32
32
32
2,640
2,840
2,840
2,840
2,840
15,864
15,864
16,022
15,871
15,872
15,872
14,188
14,188
14,345
14,345
14,345
14,333
32
32
32
32
32
2,840
2,840
2,840
20
2,840
2,840
16,016
15,863
14,474
14,474
20
20
2,840
2,840
y
Mar
Apr.
.
.
.
.
May
June
July...
Aug
Sept
Oct
Nov.
Dec
1973-Jan
Feb. 6/
Italy
2/
a
893
1,440
1,692
695
1,563
3,330
3,181
3,563
9,657 2/
15,872
1972- Feb
Germany
354
484
353
516
692
2
.
-.
2
13
-
20
Korea
Taiwan
Thailand
Treasury Bulletin
90
INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-5.
-
U.S. Position in the International Monetary
(In millions of dollars)
Calendar year
or month
Fund
March 1973
91
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-6.
U.S. Net Monetary Gold Transactions with Foreign Countries
and International and Regional Organizations
(In millions of dollars) 1/
Calendar year
Area and country
1968
Western Europe
Austria
Belgium
Denmark
France
Germany
Greece
Italy
Netherlands
Spain
Swi tzerland
Turkey
United Kingdom
Bank for International Settlements
Other
1969
1970 2/
:
-58
600
-11
-209
-19
Canada
-76
3
-90
:
-25
Mexico
Peru
Venezuela
Other
-40
Total Latin American Republics
-65
Asia
Japan
Other
:
Total Asia
Africa
Total Africa
:
Other countries
Total other countries
:
Total foreign countries
International and regional organizations 3/
-25
-18
-50
51
-50
1
200
36
-15
-204
-835
50
Grand total
-2
-129
969
-50
Total Western Europe
Latin American Republics
Argentina
Brazil
Colombia
25
325
500
-1
1971
1972
Oct.Dee.
Jan.
Mar.
Apr.June
JulySept.
Oct.
Dec.
Treasury Bulletin
92
.CAPITAL MOVEMENTS.
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
pursuant to Executive Order 6560 of January 15, 193U, Executive Order 10033 of February 8, I9U9, and Treasury regulations
promulgated thereunder. Statistics on the principal types
of data and the principal countries are published monthly
in the "Treasury Bulletin." Reports are filed with the Federal Reserve Banks by banks, securities brokers and dealers,
and nonbanking concerns in the United States. These statistic? are then consolidated, and are published by the Treasury
as promptly as possible.
The report forms and instructions used in the collection
of the statistics have been revised a number of times. The
most recent general revision of the report forms became effective with reports as of May 31, 1963.
1/
The present form of the published presentation of the
"Capital Movements" statistics was introduced in the May
1969 issue of the "Bulletin." The principal changes were
the rearrangement of the tables to bring together in separate
sections all the data relevant to the same statistical series;
the expansion of the time series on aggregate liabilities
and claims reported by banks to show more detailed breakdowns
by type of holder and type of liability and claim; and the
presentation of statistics not previously published on the
short-term liquid claims of large nonbanking concerns.
Basic definitions
The term "foreigner" as used in the Treasury reports
covers all institutions and individuals domiciled outside
the United States, including United States citizens domiciled abroad
and the foreign branches, subsidiaries and
offices of United States banks and business concerns; the
central governments, central banks and other official institutions of foreign countries, wherever located; and international and regional organizations, wherever located. The
term "foreigner" also includes persons in the United States
to the extent that they are known by reporting institutions
to be acting on behalf of foreigners.
In general, data are reported opposite the foreign country or geographical area in which the foreigner is domiciled,
as shown on the records of reporting institutions.
For a
number of reasons, the geographical breakdown of the reported
data may not in all cases reflect the ultimate ownership of
the assets
Reporting institutions are not expected to go
beyond the addresses shown on their records, and so may not
be aware of the country of domicile of the ultimate beneficiary.
Furthermore, U.S. liabilities arising from deposits of dollars
with foreign banks are reported generally in the Treasury
statistics as liabilities to foreign banks, whereas the liability of the foreign bank receiving the deposit may be to
foreign official institutions or residents of another country.
.
Data pertaining to branches or agencies of foreign official institutions are reported opposite the country to which
the official institution belongs.
Data pertaining to international and regional organizations are reported opposite
the appropriate international or regional classification
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Western Europe."
"Short-term" refers to obligations payable on demand
or having an original maturity of one year or less.
"Longterm" refers to obligations having an original maturity of
more than one year, and includes securities having no contractual maturity.
Reporting coverage
Reports are required from banks , securities brokers and
dealers, and nonbanking concerns in the United States, including the branches, agencies, subsidiaries, and other affiliates in the United States of foreign firms.
Institutions
which have total reportable liabilities, claims or securities
transactions below a specified exemption level, based on the
average for the report dates during a six-month period, including the current report date, are exempt from reporting.
Banks file reports monthly covering their short-term
and long-term liabilities to and claims on foreigners; an
exemption of $500,000 is applicable to reports in each of
these categories.
Twice a year they also report their shortterm dollar liabilities to foreigners in countries not shown
separately on the monthly report of liabilities. Banks,
securities brokers and dealers, and in some instances, nonbanking concerns, report monthly their transactions in securities with foreigners; the applicable exemption level is
$100,000.
Quarterly reports are filed by exporters, importers, industrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims are $500,000 or more. Such firms
also report the liquid portion of their claims for each monthend when they have reportable claims of $1 million or more.
The foreign credit and debit balances of securities brokers
and dealers are reported quarterly; the exemption level applicable to these reports is $100,000.
Description of statistics
Data collected on the Treasury Foreign Exchange Forms
are published in the "Treasury Bulletin" in six sections.
Each section contains all the data relevant to the same statistical series, with tables showing time series by type and
country, and the detailed breakdowns of the latest available
data.
Section I covers the short-term and long-term liabilities
to foreigners reported by banks in the United States.
The
data exclude the holdings of dollars of the International
Monetary Fund derived from payments of the United States
subscription and from the exchange transactions and other
operations of the Fund.
(Liabilities representing the "gold
investment" of the Fund, however, are included. ) The data
also exclude U.S. Treasury letters of credit, and nonnegotiable, noninterest-bearing special notes of the United States
held by international and regional organizations.
Section II presents the short-term and long-term claims
on foreigners reported by banks in the United States, including
claims held for their own account and for the account of
their domestic customers. The data exclude convertible foreign currencies held by U.S. monetary authorities.
Sections III
and
IV show respectively the liabilities
March 1973
93
.CAPITAL MOVEMENTS.
to, and claims on, foreigners reported by exporters, importers, industrial and commercial firms, financial institutions
other than banks and brokers, and other nonbanking concerns
The data exclude the intercompany acin the United States
counts of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for(Such transactions are reported by
eign parent companies.
business firms to the Department of Commerce on its direct
investment forms . ) The data also exclude claims held through
United States banks. Separate figures are shown in Section
IV for the short-term liquid claims of large nonbanking concerns in the United States.
.
Section V contains data on transactions in all types
of long-term domestic and foreign securities by foreigners
reported by banks and brokers in the United States (except
nonmarke table U.S. Treasury notes, foreign series, and nonmarketable U.S. Treasury bonds and notes, foreign currency
series, which are shown in "International Financial Statistics" section, Table IFS-U). The data cover new issues of
securities, transactions in outstanding issues, and redemptions of securities. They include transactions executed in
the United States for the account of foreigners, and transactions executed abroad for the account of reporting institutions and their domestic customers
The data include some
transactions which are classified as direct investments in
the balance of payments accounts.
The data exclude securities issued abroad by foreign subsidiaries of U.S. corporations, some of which are treated -in the balance of payments
as issues of U.S. corporations.
.
1/
The geographical breakdown of the data on securities
transactions shows the country of domicile of the foreign
buyers and sellers of the securities; in the case of outstanding issues, this may differ from the country of the
original issuer. The gross figures contain some offsetting
transactions between foreigners. The net figures for total
transactions represent transactions by foreigners with United
States residents; but the net figures for transactions of
individual countries and areas may include some transactions
between foreigners of different countries. Beginning with
data for 1969, transactions between foreigners in new issues
not offered for sale to United States residents but managed
by underwriters in the United States are excluded from the
gross figures.
Section VT comprises two tables on the money credit
and debit balances, as appearing on the books of reporting
brokers and dealers in the United States, in accounts of foreigners with them, and in their accounts carried by foreigners
The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries. The principal exclusions are
the
intercompany capital transactions of business enterprises
in the United States with their own branches and subsidiaries abroad or with their foreign parent companies, and capital
transactions of the United States Government. Consolidated
data on all types of capital transactions are published by
the Department of Commerce in its regular reports on the
United States balance of payments.
Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
Treasury Bulleh
94
.CAPITAL
Section
I
-
Liabilities to Foreigners
Table CM-I-1.
-
Short-Term
MOVEMENTS.
Reported by Banks
Liabilities
in the
United States
by Type of Foreign Holder
(In millions of dollars)
Foreign countries
Total
shortterm
liabilities
End of
calendar year
or month
International and regional
Banks and other foreigners
Official institutions 1/
Payable in dollars
Payable
Total
Total
Payable
in
foreign
currencies
Banis
Other
foreigners
IMF
gold
investment 2/
foreign
currencies
Nonmonetary
international a
regional
y
742
200
59
752
200
552
77
1,031
500
531
113
1,442
691
2,356
2,35"
104
104
1,317
1,317
613
613 4/
5,251
5,251
2,564
2,564
95
95
2,050
2,084
800
800
8,863
5,713
3,046
104
1,547
739 4/
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
1,618
800
800
3,587
59
1,479
800
800
581
581
7,917
5,724
8,665
8,665
5,950
3,460
2,430
9,154
9,154
7,076
4,601
2,398
17,260
10,212
10,212
7,047
4,705
2,230
20,015
20,098
18,699
18,781
10,940
10,940
10,893
10,893
46
46
7,759
7,841
5,299
5,380
f21,958
21,958
19,907
19,874
11,997
11,963
11,949
11,915
48
48
7,911
7,911
30
14,383
13,641
7,917
1958
15,367
14,615
1959
17,261
16,231
1960
18,701
1957
1961 57
(
1962 57
3,413
2,252
59
542
U
V
751
704
704
1,250
1,284
I
1963
22,877
21,330
12,467
12,437
1964 5/
25,467
25,518
23,849
23,900
13,224
13,220
13,224
13,220
25,551
24,072
13,066
13,066
11,006
7,360
517
517
13,859
13,680
10,023
9,864
3,743
3,743
93
72
1,381
1,381
(
1965
818
818
679
27,599
26,343
26, 719
12,484
12,539
11,968
12,022
30,657
30,505
29,370
29,232
14,034
14,027
13,882
13,876
152
152
15,337
15,205
11,132
11,008
4,128
4,120
77
77
1,287
1,273
800
487
473
31,717
30,234
11,318
10_,855
463
18,916
14,298
4,444
173
1,483
800
683
r40,040
40,199
38,631
38,786
11,054
11,077
10,851
10,874
202
202
27,577
27,709
23,412
23,419
3,939
4,064
226
226
1,409
1,413
800
609
613
r 41, 719
40,499
40,541
19,333
19,333
19,184
19,185
148
148
21,166
21,207
16,917
16,949
4,029
4,038
220
220
1,221
1,221
400
400
821
821
53,632
53,662
39,679
39,018
158
165 2/
10,034
13,954
14,644 6/ 10,723 6/
3,692
3,694
228
228
1,772
1,767
400
400
1,372
1,367
325
1,412
f27, 724
1966 5/
I
1967 2/
(
1968
1969 27
1970 57
41,761
r
1971 5/ bj.
55,404
^5,430
6/
39,521
38,854
6/
1
1972p
60,734
59,322
39,942
39,771
171
19,380
14,529
4,525
1972-Jan
56,442
57,329
57,654
56,287
55,828
57,466
54,515
55,864
56,262
55,009
54, 560
56,150
39, 581
39,415
166
40,679
40, 513
38,723
37,850
38,603
40,813
33,556
37,683
38,436
167
167
167
167
167
14,935
15,184
15,283
16,286
16,710
10,904
11,067
11,115
12,106
12,488
13,092
3,764
3,811
3,818
3,852
3,890
4,103
July..
Aug...
Sept..
Oct...
Nov..
Dec. p
57,302
58,884
58,687
60,138
56,036
39,617
40,441
39,457
40,090
39,869
39,771
170
171
171
171
171
171
16,249
16,951
17,826
60,734
57,454
58,858
59,143
59,322
39,787
40,611
39,628
40, 261
40,040
39,942
19,103
19,380
11,817
12,627
13,277
13,813
14,409
14,529
4,122
4,039
4,241
4,417
4,322
4,525
1973-Jan. p
59,153
57,776
38,321
171
19,284
14,465
4,465
Feb...,
Mar.
Apr...
May..
June..
.
2/
2/
u
.
1,654
57, 563
4 ,
'
'
W'.''
Includes Bank for International Settlements and European Fund.
Short- terra U.S. Government obligations at cost value and funds awaiting investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire income-earning
assets. Upon termination of investment, the same quantity of gold
was reacquired by the International Monetary Fund.
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank.
Includes difference between
cost value and face value of securities in IMF gold investment account
($14 million at end 1971).
In addition, IMF gold investment Included investments in U.S. Government bonds and notes which amounted to $109 million at end 1960, $187
million at end 1961, and $61 million at end 1963.
17, 547
18, 597
5/
6/
7/
p
1,412
400
2t,7
1,926
306
353
1,465
1,391
1,278
1,263
1,316
1,465
1,391
1,278
1,268
1,316
309
284
308
368
372
325
1,266
1,322
1,233
1,281
1,512
1,412
1,266
1,322
1,233
1,281
1,512
1,412
354
1,377
1,377
349
327
333
1, 526
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks" and a number of reporting banks are included in
the series for the first time.
Second line includes $7 million increase in dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
Dec. 31, 1971.
Preliminary.
March 1973
95
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities to Foreigners
Table CM-I-2.
-
Reported by Banks in the United States
by Type of Liability
Foreign Countries
Short-Term
Part
A
-
Liabilities
96
Treasury Bulletin
.CAPITAL MOVEMENTS.
I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Short-Term Liabilities by Type of Liability - (Continued)
Part B - International and Regional Organizations
Section
(In millions of dollars)
End of
calendar year
or month
Total
international
and regional
IMF gold
investment:
U.S. Treasury
bills and
certificates 1/
1957
7-42
200
1958
752
200
1959
1,031
500
1960
1,442
691 !J
1961
1,317
613 4/
2,050
2,084
800
800
1963
1,547
739
1964
1,618
800
1962 5/
(
1965
1,479
800
1966
1,381
800
1967 5/
1,287
1,273
800
800
1968
1,483
800
1969
1,413
800
1970
1,221
400
1971
1,772
1,767
400
400
V
1972p
1,412
1972^Jan....
Feb
1,926
1,465
1,391
1,278
1,268
1,316
Mar
Apr..
.
May
June..
July...
Aug
Sept..
Oct
Nov.
Dec. p.
1,266
1,322
1,233
1,281
1,512
1,412
1973-Jan. p.
1,377
400
U
Nonmonetary international and regional organizations 2/
Deposits
Demand
Time 2/
U.S. Treasury
bills and
certificates
Other
short-term
liabilities 2/
March 1973
.CAPITAL
Section
I
Liabilities to Foreigners
-
Table CM-I-3.
MOVEMENTS.
Reported by Banks
in the United States
Short-Term Liabilities by Country
-
(Position at end of period in millions of
dollars
Calendar year
Country
1970
Europe
1971 1/
1972
:
Austria
Belgium- Luxembourg.
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spa in
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
185
597
189
117
2,267
7,520
184
1,330
762
324
274
198
503
1,948
46
5,504
37
594
15
54
Total Europe
254
701
168
160
3,150
254
701
168
160
150
596
170
6,596
170
1,888
271
685
303
203
791
3,248
68
7,374
34
1,369
14
270
685
303
203
792
3,249
68
7,379
34
1,391
14
53
272
1,092
284
163
4,442
5,347
238
1,333
1,468
978
416
256
1,184
2,862
97
5,011
117
1,483
11
81
22,648
27, 503
27, 530
27, 136
4,056
3,441
3,441
3,483
539
441
anada
atin America
:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
346
266
247
....'...'...'.'.
..".'.I!.'!!.'.'
7
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas 2/
Netherlands Antilles and Surinam
Other Latin America
,
Total Latin America
821
147
225
118
735
620
745
98
39
4,952
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan')!
Hong Kong
India
Indonesia
Israel
Japan
torea
Philippines
rhailand
4,702
4,708
.'
Jffaer
39
39
258
312
89
63
150
14,294
201
304
126
258
312
«9
63
150
14,295
196
306
126
73
135
5,150
199
285
508
717
Asia
'otal
33
275
258
302
Asia
595
16,432
16,429
17
11
83
14
24
9
78
12
24
9
78
12
395
474
474
521
597
597
389
39
ica
eypt
brocco
buth Africa.
595
7,936
916
42
916
42
:
aire
ther Africa.
otal Africa.
3tal other countries,
il
428
foreign countries.
?57
40, 541
53,632
53,662
975
17
131
93
1,332
1,327
8
298
129
8
298
129
5
5
5
41,761
55,404
irnatlnnaj and ret^ opnl
.
nternational
uropean regional
atin American regional..
sian regional
frican regional
rtal international and
regional
id
total
1,767
1
55,430
Treasury Bulletin
98
CAPITAL MOVEMENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-4. - Short-Term Liabilities, by Type and Country, as of January 31, 1973
Preliminary
(Position in millions of dollars)
March 1973
99
.CAPITAL
Section
Table CM-I-5.
-
MOVEMENTS.
Liabilities to Foreigners
I
Reported by Banks in the United States
Short-Term Liabilities, Countries and Areas Not Regularly Reported Separately
-
(Position at end of period in millions of dollars)
Calendar year
Country
1967
in. ,8
1969
1970
Dec.
1971
Apr.
1972
Dec.
1972
'Other Western Europe"
Cyprus
Iceland
Ireland, Republic of.
Luxembourg
Malta
Monaco
2
4
9
31
11
9
38
6
24
10
10
41
2
11
16
2
9
15
3
9
17
1/
6
1/
1
5
3
5
2
3
4
4
4
6
6
6
4
2
5
4
14
2
3
5
4
2
7
9
2
8
5
7
10
2
2
1/
1/
1/
1/
'Other Eastern Europe"
Bulgaria
Chechoslovakia
Estonia
Hungary
Poland
Rumani a
Soviet Zone of Germany.
2
5
2
3
2
3
3
5
3
5
19
19
7
16
23
10
20
6
27
36
55
53
62
123
70
91
62
87
92
2
'Other Latin American Republics"
Bolivia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Guyana
Haiti
Honduras
Nicaragua
Paraguay
Trinidad and Tobago.
60
43
55
86
73
73
66
51
69
66
82
86
68
52
78
76
69
84
69
41
99
79
75
100
2
5
3
2
16
30
17
22
46
42
67
13
16
10
17
29
17
63
13
16
34
19
59
16
10
6
33
57
78
117
6
18
42
19
50
17
10
83
123
IK
121
76
132
9
8
23
50
32
66
17
15
27
58
41
61
22
20
'Other Latin America"
British Honduras
British West Indies
French West Indies and French Guiana.
2
2
2
3
3
14
25
30
33
32
2
2
2
1
4
23
2
4
36
2
5
6
17
16
22
26
32
19
21
17
18
2
25
n.a.
n.a.
10
5
2
5
2
3
59
93
2
'Other Asia"
Afghanistan
Bahrain
Bangladesh 2/
13
2/
11
2/
2
Iraq
2
50
35
41
86
Jordan
Kuwait
40
37
67
26
17
46
4
3
113
64
15
78
Burma
Cambodia
Iran
Laos
Lebanon
Malaysia
Nepal
Oman (Muscat and Oman)
Pakistan
Qatar
Ryukyu Islands (including Okinawa) j/....
Saudi Arabia
Singapore
Sri Lanka (Ceylon)
Syria
United Arab Emirates (Trucial States) tj
Viet Nam
Yemen ( Aden)
Other Africa"
Algeria
Ethiopia (including Eritrea).
F. T.A.I. (French Somaliland).
Ghana
Ivory Coast
Kenya
Liberia
Libya
Mozambique
Nigeria
"Portuguese West Africa"
Southern Rhodesia
Sudan
Tanzania
Tunisia
Uganda
Zambia
Other Countries"
New Zealand
Note:
1/
2/
5
1
4
2
2/
42r
11
10
88
9
14
54
2
20
2
4
16
39
3
5
3
3
54
46
22
19
23
16
60
25
15
1
55
13
6
60
83
30
17
6
35
4
33
1
5
4
2
55
54
11
n.a.
59
2
17
29
25
106
17
106
1
14
35
3
52
38
6
18
1
4
58
1
53
10
5
4
3
4
29
79
35
4
6
2
4
7
4
6
6
4
5
4
5
5
U8
54/
4
13
51
94
179
159
185
135
1
2
3
3
2
1
14
20
17
23
11
31
13
32
57
61
160
67
7
24
2
1
3
16
25
29
25
69
10
4
43
23
288
6
19
1
4
2
57
18
4
38
10
2
2
20
10
1
25
17
3
1
8
3
2
9
23
25
1
11
9
2
5
3
1
21
7
6
25
10
6
9
7
3
274
6
46
13
2
1
tj
1
10
6
23
30
393
6
n.a.
n.a.
2
3
6
9
7
10
7
11
10
7
n.a.
8
3
10
13
25
2/
56
9
2
5
6
5
2/
296
9
2/
344
77
5
20
1'
Data represent a partial breakdown of the amounts shown for the
corresponding dates for the "Other" categories in the regular monthly
series in the "Treasury Bulletin."
Included with Belgium.
29
1
11
2
38
22
195
7
17
8
1
20
6
80
45
23
Bangladesh included in Pakistan prior to April 1972.
Ryukyu Islands included in Japan after April 1972.
Data as of December 31, 1971 exclude Ras al Khaymah.
Less than $500,000.
n.a. Not available.
30
r. Revised.
100
Treasury
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities to Foreigners
Table CM-I-6.
-
Reported by Banks in the United States
Liabilities by Type
Long-Term
(In millions of dollars)
Bulletin
March 1973
101
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities to Foreigners Reported
Table CM-I-7.
-
Long-Term
by Banks in the United States
Liabilities
by Country
(Position at end of period in millions of dollars)
Treasury Bulletin
102
.CAPITAL MOVEMENTS.
Section
II
Claims on Foreigners Reported by Banks in the United States
-
Table CM-II-1.
-
Short-Term Claims by Type
(In millions of dollars)
Payable in foreign currencies
Payable in dollars
End of
calendar
year
or month
Total
short term
claims
Collections
outstanding
Official
institutions
Total
Total
Banks
Other
foreigners
for
account of
reporting
banks and
domestic
customers
Acceptances
made for
account
of foreigners
Deposits
of
reporting
banks and
domestic
customers
with foreigners
Other
shortterm
claims
Foreign
government
obligations
and
commerical
and
finance
paper
Other
short-
term
claims
1957
2,199
2,052
930
242
386
303
423
699
147
132
15
1958
2,542
2,344
1,268
401
439
428
421
656
198
181
16
1959
2,599
2,407
1,309
351
498
460
516
582
192
178
15
482
605
1,233
460
222
238
694
700
1,837
1,874
543
543
342
343
200
200
1,967
495
309
186
3,594
3,135
1,297
290
524
fi,719
4,777
4,177
4,234
1,646
1,660
329
329
699
709
618
622
1962
5,101
4,606
1,953
359
953
642
1963
5,887
5,344
1,915
186
955
774
832
2,214
384
543
343
157
42
7,411
6,810
7,333
2,652
2,773
223
221
1,374
1,403
1,055
1,150
1,007
1,135
2,600
2,621
552
803
601
624
342
336
182
187
77
102
632
735
7,158
7,243
2,968
2,970
271
271
1,566
1,567
1,130
1,132
1,268
1,272
2,501
2,508
422
492
474
492
325
329
54
68
95
96
r7,8i9
7,399
7,433
3,139
3,141
256
256
1,739
1,739
1,143
1,145
.1,367
1,288
2,450
2,540
443
464
420
420
240
241
70
70
110
110
8,158
8.182
3,137
3,150
306
1,603
1,616
1,228
1,228
1,511
1,552
3,013
3,013
498
467
425
425
287
287
74
70
63
67
247
1,697
1,221
1,733
2,854
509
450
336
40
73
262
262
1,946
1,943
1,073
1,073
1,954
2,015
3,169
3,202
658
670
516
516
352
352
84
89
79
74
1,212
2,389
766
610
352
92
166
1960
1961 1/
\
1964 1/
( 7,957
1965 1/
ft
1966 1/
7,853
i
1967 1/
583
606
{:
1968
8,711
1969 1/
9,578
9,680
9,063
9,165
10,802
10,192
,170
277
12,328
12,381
4,503
3,966
1972p
15,540
14,695
1972 ^J an
Feb
Mar
Apr
May
June
13,148
13,667
14,047
13,787
13,462
13,572
July
Aug
Sept
Oct
Nov
:
(
1970
1971
1/2/
1973-Jan. p
1/
2/
119
223
224
2,613
2,080 2/
1,667
1,662
2,475
2,475
4,243
4,254
1,107
1,686 2/
842
895
549
548
119
173
174
174
5,730
166
2,976
2,589
3,273
3,215
2,478
845
441
223
181
12,315
12,740
13,046
13,001
12,628
12,738
3,871
4,023
4,175
4,451
4,604
4,767
209
198
167
163
169
162
2,053
2,055
2,141
2,354
2,520
2,584
1,609
1,770
1,867
1,935
1,915
2,020
2,473
2,430
2,476
2,469
2,541
2,650
4,234
4,394
4,410
4,252
3,837
3,482
1,737
1,893
1,985
833
926
1,000
785
1,646
1,839
835
501
562
579
498
530
833
486
228
266
283
177
187
222
104
98
138
111
118
125
14,270
14,365
13,938
13,875
14,474
15,540
13,365
13,419
13,051
13,100
13,705
14,695
5,062
4,994
4,995
5,163
5,354
5,730
161
150
143
146
160
166
2,791
2,717
2,574
2,666
2,700
2,976
2,109
2,127
2,278
2,350
2,495
2,589
2,705
2,812
2,889
2,994
3,130
3,273
3,227
3,081
2,966
2,961
3,139
3,215
2,372
2,533
2,201
1,982
2,082
2,478
905
946
887
775
769
845
519
482
431
408
412
441
278
338
329
209
219
223
108
126
127
158
138
181
14,944
14,119
5,430
145
2,813
2,472
3,211
3,103
2,375
825
444
253
127
I?:
Deep
3,281
3,278
.
Data on the two lines shown for this date differ because of changes
Figures on the first line are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Data on the second line differ from those on the first line because
those claims of U.S. banks on their foreign branches and those claims
1
,829
of U.S. agencies and branches of foreign banks on their head offices
and foreign branches which were previously reported as loans are
included in "other short-term claims" and a number of reporting bani
are included in the series for the first time.
Prel iminary
;
March 1973
103
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-2.
-
in the
United States
Short-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1973
Country
1971 1/
.1970
Europe
1972 p
:
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
6
11
50
57
49
40
66
113
186
26
101
61
54
11
52
97
100
135
267
235
30
159
105
67
12
70
118
U5
49
135
263
235
30
160
105
67
12
70
118
145
9
3
3
379
35
13
563
19
12
28
37
559
19
3
45
1,449
Canada
11
57
12
28
37
29
255
109
69
19
207
156
125
6
856
22
20
41
49
2,114
1,043
Latin America
120
60
118
332
321
1,530
1,627
326
325
200
284
305
429
139
380
305
435
139
380
1,927
:
Argentina
Braz il
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas 2/
Netherlands Antilles and Surinam
Other Latin America
Total Latin America
379
652
52
419
13
13
13
13
909
112
147
63
283
342
196
936
934
125
176
41
268
374
262
1,204
246
146
40
384
19
22
125
176
41
268
374
262
18
25
3,239
3,490
18
26
389
474
14
36
3,494
4,445
^sia:
China, People's Republic of
(China Ma inland )
China, Republic of (Taiwan)
Hong Kong
2
1
1
1
95
109
70
21
41
129
4,280
348
138
173
252
194
94
14
87
105
4,172
297
149
191
302
5,560
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
3,890
178
137
109
167
109
68
21
41
129
4,279
348
136
164
252
Total Asia
4,807
5,548
Ind ia
39
13
56
120
frica
Egypt
Morocco
South Africa
Zaire
Other Africa
:
i
13
6
77
10
4
4
79
158
21
99
180
291
292
64
16
158
28
158
28
4
Total Africa
ther countries
10
156
21
99
:
Australia
All other
Total other countries
otal foreign countries
"io"
10.798
186
186
13,167
13,273
13,170
13,277
fiternational and regional
al
21
4
143
13
127
Aug.
Sept.
Nov.
Dec. p
Jan. p
Treasury Bulletin
104
.CAPITAL MOVEMENTS.
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-3. - Short-Term Claims, by Type and Country, as of January 31, 1973
Preliminary
(Position in millions of dollars)
March 1973
105
.CAPITAL MOVEMENTS.
Section
II
Claims on Foreigners Reported by Banks
Table CM-II-4.
-
in the United States
Long-Term Claims by Type
(In millions of dollars)
Payable in dollars
End of
calendar year
or month
Total
long-term
claims
Total
1,1W
1957
1958
1959
1960
Total
1,362
1,545
1,698
2,034
2,160
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1963-May 1/
2,293
2,379
2,293
2,379
1963 I/....
2,837
3,030
1964 1/
Official
institutions
Other
Foreigners
Banks
Other
long-term
claims
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,260
2,346
660
730
273
273
1,328
1,342
33
33
2,834
3,028
2,781
2,811
725
728
397
397
1,659
1,685
54
217
3,971
4,285
3,971
4,283
3,777
3,995
703
716
701
729
2,372
2,550
195
288
4,517
4,180
3,925
3,567
3,250
3,075
3,664
4,914
4,508
4,162
3,909
3,552
3,232
3,050
3,o42
4,878
4,211
3,915
3,635
3,158
2,806
2,698
3,342
4,503
793
702
669
528
502
504
575
628
512
323
237
209
236
315
431
2,790
2,702
2,642
2,393
2,096
1,958
2.452
3,240
297
247
274
3,692
3,743
3,842
3,944
4,049
4,194
3,668
3,719
3,816
3,917
4,019
4,164
3,373
3,426
3,531
3,622
3,728
3,871
575
595
644
654
674
719
311
324
329
335
335
363
2,487
2,507
2,559
2,633
2,719
2,788
295
292
284
295
291
293
4,276
4,355
4,496
4,592
4,635
4,878
3,995
4,069
4,214
4,300
4,345
4,503
757
771
796
798
819
832
356
398
402
412
432
431
2,882
2,899
3,017
3,090
3,093
3,240
281
287
282
292
291
375
32
p,
4,308
4.389
4,529
4,627
4,668
4.914
1973-Jan. p
4,911
4,874
4,494
832
441
3,222
379
38
1961
1962
1965
1966
1967
1968
1969
1970
1971
1972 p
,
1972- Jan
Feb
Mar.
.
.
June.
.
July.
.
.
Apr
May
Aug
Sept.
Oct
Nov.
Dec.
.
.
.
,
n.a.
n.a.
n.a.
S32
_L
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.
n.a.
p
*
Not available,
Preliminary.
Less than $500,000.
394
426
352
300
375
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
9
18
15
16
18
25
22
37
24
24
26
27
30
31
34
33
35
33
37
Treasury Bulleti
106
..CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-5.
-
in the
United States
Long-Term Claims by Country
March 1973
107
.CAPITAL MOVEMENTS.
Section II
Claims on Foreigners Reported by Banks in the United States
Table CM-II-6. - Long-Term Claims, by Type and Country, as of January 31, 1973
Preliminary
-
(Position in millions of dollars)
Less than $500,000.
Treasury Bulleti
108
.CAPITAL
Section
HI
-
MOVEMENTS.
Liabilities to Foreigners Reported by
Table CM-III-1.
-
Nonbanking Concerns
Liabilities
in the
United States
by Type
(In millions of dollars)
T
End of
calendar year
or quarter-end
month 1/
Short-term liabilities
Total
liabilities
Payable in
dollars
Payable in
foreign
currencies
Long-term
liabilities
1957.
566
491
428
62
75
1958.
499
440
368
71
60
69
83
1959.
664
581
512
1960 2/
574
596
485
507
424
437
61
70
1961 -Mar. 2/..
674
691
583
600
510
525
73
76
June 2/.
756
778
673
684
563
572
111
113
83
94
Dec
833
678
569
109
155
778
817
626
665
527
551
99
114
798
805
637
644
508
513
129
130
161
1963
775
626
479
148
148
1964-June 2/..
763
725
622
585
471
441
151
144
807
700
556
144
943
958
810
600
210
1962 -June 2/..
Dec
.
2/.
Dec
1965 2/
1966
91
}
151
}
-I
140
J
107
(
}
1,419
89
)
J
827
1,089
136
147
262
329
1967 2/
1,784
1,815
1,371
1,386
1,027
1,039
343
347
414
428
1968
2,737
1,608
1,225
382
1.129
1969 2/
3,511
4,428
1,786
2,124
1,399
1,654
387
471
1,725
2,304
5,780
2,677
2,181
496
3,102
1970
5,503
2,564
2,109
454
2,939
853
(' 845
2,704
2,735
2,229
2,276
475
459
3,149
3,110
5,883
2,828
2,399
429
3,055
June ....
6,224r
2,917
2,444
472
3,308r
Sept
6,377
2,924
2,425
498
3,453
1971- Sept.
. .
Dec. 2/.
1972-Mar
p.
Note:
Breaks in series arising from changes in
amount to $5 million or less for any year are
cases, only the figure comparable to that for
shown.
\/ Data are shown for calendar year ends and for
quarter ends for which figures are available.
reporting coverage which
not shown; in such
the following date is
the most recent five
Data are also shown
2/
for earlier quarter ends when the reporting coverage changed.
Data on the two lines shown for this date differ because of
changes in reporting coverage. Figures on the first line are
comparable in coverage to those shown for the preceding date;
figures on the second line are comparable to those shown for
the following date,
p Preliminary.
r Revised.
March 1973
109
.CAPITAL MOVEMENTS.
Section
III
-
Liabilities to Foreigners
Table CM-III-2.
Reported by Nonbanking Concerns in the United States
Short-Term Liabilities by Country
-
(Position at end of period in millions of dollars)
Calendar year
1971
Country
1967
Europe
:
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Gree ce
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
27
7
3
64
92
11
61
79
4
6
31
24
86
3
310
4
1
814
Canada
Latin America
:
Argentina
Braz il
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
10
4
6
1
33
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)
24
11
124
:
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other As ia
1
5
5
12
4
3
63
1
8
5
45
Total Asia
151
Africa
Egypt
:
Morocco
South Africa
Zaire
Other Africa
Total Africa
Other countries
2:<
:
Australia
All other
Total other countries
Total foreign countries
Interna tional and regional
Grand total
1968
1969 1/
1970
Sept.
Dee. 1/
Sept. p
Treasury Bulleti
110
.CAPITAL
Section
III
-
MOVEMENTS.
Reported by Nonbanking Concerns in the United States
Short-Term Liabilities, by Type and Country, as of September 30, 1972
Preliminary
Liabilities to Foreigners
Table CM-III-3.
-
(Position in millions of dollars)
Country
»
Less than $500,000.
March 1973
111
.CAPITAL MOVEMENTS.
Section III
-
Liabilities to Foreigners Reported by
Table CM-III-4.
\l
-
Long-Term
Data in the two columns 3hown for this date differ because of changes
in reporting coverage.
Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
Nonbanking Concerns
Liabilities by
in the
United States
Country
column are comparable to those shown for the following date.
Less than $500,000.
Preliminary.
Revised.
Treasury Bullet
112
.CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns
Table CM-IV-1.
-
Claims by Type
(In millions of dollars)
in the United States
fAarch 1973
113
.CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-2. - Short-Term Claims by Country
Treasury Bulleti
114
.CAPITAL MOVEMENTS.
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-3. - Short-Term Claims, by Type and Country, as of September 30, 1972
Section IV
-
Preliminary
(Position in millions of dollars)
ss than $500,000.
U5
March 1973
^CAPITAL
Section IV
-
MOVEMENTS
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-4.
-
Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Type
(In millions of dollars)
Payable in dollars
End of
calendar year
or month
Total
short-term
liquid
claims
917
1966
Total
Time
870
691
625
205
334
42
118
557
549
114
57
227
219
45
45
90
86
48
19
19
805
1965 2/
Deposits
Short-term
investments 1/
1,436
1964
Payable in foreign currencies
Deposits
168
40
69
58
1967 2/
1,078
1,163
901
985
66
66
702
786
133
133
177
178
50
51
77
77
1968
1,638
1,306
28
1,192
87
332
49
222
1969 2/
1,318
1,491
1,068
1,222
951
1,062
116
161
250
269
1970
1,141
847
697
150
294
203
127
354
302
350
I
1,648
1,504
1971
1,295
1,202
1,092
1,075
I
1972
1,904
1,554
1,385
169
1971-Dec. 2/.
1,648
1,504
1,295
1,202
1,092
1,075
203
1972-Jan.
Feb..
Mar..
Apr.
May.
June.
1,623
1,627
1,804
1,899
1,935
1,984
1,280
1,288
1,411
1,514
1,553
1,581
1,132
1,075
1,234
1,315
1,347
1,382
2,082
2,270
2,098
2,030r
2,057r
1,904
1,709
1,817
1,694
l,640r
l,658r
1,554
1,514
1,599
1,524
1,469
l,491r
1,385
July.
Aug..
Sept.
Oct..
Nov.
Dec.
Short-term
investments 1/
116
Treasury Bulletin
CAPITAL MOVEMENTS.
Section IV
-
Claims on Foreigners Reported by Nonbanking Concerns in the United States
- Short-Term Liquid Claims Reported by Large Nonbanking Concerns,
by Type and Country, as of December 31, 1972
Table CM-IV-6.
March 1973
117
.CAPITAL
Section IV
-
MOVEMENTS.
Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-7.
-
Long-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
Country
1967
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
1968
:
Total Europe
1
8
11
1
17
36
51
22
4
21
30
56
27
9
12
4
13
60
74
2
39
16
6
43
*
5
6
147
1
18
306
322
Latin America
Argent ina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
419
74
212
91
16
9
91
66
194
54
10
9
73
8
Canada
453
13
17
1
16
40
2
:
18
2
15
American Republics.
Bermuda
Antilles and Surinam
America
Total Latin America
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)
36
6
#
1_
577
498
15
14
:
Hong Kong
1
Ind ia
17
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other As ia
15
5
6
14
128
16
31
128
19
25
24
3
55
260
299
1
1
4
84
Total Asia
5
38
75
Africa
Egypt
:
Morocco
South Africa
Zaire
Other Africa
Total Africa
Other countries
83
:
Australia
All other
15
Total other countries
16
Total foreign countries
1,570
1
International and regional
Grand total
1
1,570
1969 1/
1970
Deo.
1/
Mar.
118
Treasury Bullet
.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Foreign Purchases and Sales of Long-Term Domestic Securities by Type
Section
Table CM-V-1.
-
In milli ons of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
(
Marketable Treasury bonds and notes
Corporate and other securities
Net foreign purchases
Calendar year
or month
Foreign countries
Total
435
252
223
60
207
-173
-375
678
1,070
4,234
2,688
1,582
1.415
Net
foreign
purchase
Gross
foreign
purchases
Gross
Net
fare Lgzi foreign
sales
purchases
Gross
Gross
foreign
foreign
purchases sales
-59
-20
-245
48
-380
-115
-41
1,661
123
-119
-25
130
2,414
3,316
3,281
-21
57
4,359
1,043
4,065
1,788
4,630
2,842
2,277
14,243
11,966
248
141
230
-58
72
301
32
276
48
48
297
1
320
189
278
50
451
326
144
326
180
180
210
357
501
244
182
245
317
177
291
269
153
177
78
103
75
503
258
235
241
326
572
348
251
305
138
245
25
350
274
55
32
1,303
1,283
1,459
1,181
989
1,148
1,034
1,130
1,282
1,103
934
1,116
223
413
259
356
395
404
224
365
237
340
377
403
-2
271
321
414
621
36
27
149
120
132
266
232
204
199
225
260
-38
245
172
294
489
351
848
1,227
798
998
1,553
1,457
885
983
626
704
1,064
1,106
562
562
192
474
1,383
908
-43
.
1972- P.
1972 -J an.
Feb..
Mar..
Apr..
May..
June.
July
Aug
Sept
.
.
48
.
.
Oct...
Nov. . .
.
Dec. p.
l°7!Wan.p.
1/
1,224
1,217
1,730
1,744
and
regional
purchases
of
corporate
and other
securities
Stocks
1 V
528
1,603
1,231
2,508
1,196
1,487
1,153
1,296
629
932
574
634
742
36
689
127
512
-728
671
-338
-76
-616
.
.
International
Other
foreigners
Gross
foreign
sales
-489
-45
56
1,672
1958...
1959...
1960...
1961...
1962...
1963 .
1964...
1965...
1966...
1967...
1968...
1969...
1970...
1971
Official
institutions
Bonds 1/
Net
fore ign
Gross
foreign
purchases
-237
524
-98
-20
-207
369
273
165
224
532
-521
302
-315
-151
-427
-121
-161
36
95
56
30
51
59
11
3
-16
13
6
-23
11
-2
1
9
12
17
18
40
10
!
,780
1,867
1,149
1,077
680
585
443
528
691
2
230
1,035
267
369
418
427
6
621
9
573
1
11
-
176
38
1,011
313
1,964
1,202
956
684
361
369
442
317
308
256
461
675
1,553
2,243
4,446
3,054
2,499
2,947
1,929
2,481
1,853
1,543
2,263
2,270
1,487
626
.8,927
8, -301
731
11,626
10,894
73
50
-99
-51
9
496
604
253
302
258
352
319
358
513
723
12
23
24
Data include transactions in issues of states and municipalities, and
of corporations and other agencies of the U.S. Government.
Table CM-V-2.
17
.
249
440
344
296
392
416
359
246
284
637
542
-5b
363
202
323
111
198
-349
-413
-333
757
1,397
2,224
1,977
3,067
2,260
2,724
3,076
3,720
4,740
8,033
13,118
12,429
1,454
1,862
1,775
2,745
2,149
2,527
3,425
4,133
5,074
7,276
10,848
10,942
Preliminary.
Foreign Purchases and Sales of Long-Term Foreign Securities by Type
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow- of capital from the United States)
Foreign stocks
Foreign bonds
Calendar year
or month
Net foreign
purchases
of foreign
securities
Gross foreign
purchases
Grose foreign
sales
Net foreign
purchases
Gross foreign
purchases
Gross foreign
sales
946
883
802
1,093
991
915
1,198
1,778
2,024
2,306
1,552
1,490
1,687
1,915
1,458
1,445
1,262
2,037
2,086
1,843
2,440
2,692
3,187
3,686
2,581
2,441
2,575
-336
-238
467
566
-83
-915
-937
-512
-562
-460
-944
-1,095
-928
-1,242
-914
-1,163
-1,380
-1,029
-951
-888
-49
509
596
702
696
748
906
960
880
1,252
1,519
1,033
1,385
1,037
1,566
2,037
998
1,434
-608
-1,041
1,866
2,907
433
2,532
2,099
-261
-79
-282
-80
-62
127
161
188
162
128
109
409
241
250
153
191
200
290
197
245
226
170
199
269
181
141
269
155
242
173
188
192
233
163
179
141
115
130
162
161
155
1,363
1958
1959
1960
1961
1962
1963
1964
1965
196o
1967
1968
1969
1970
1971
-750
-645
-830
-1,048
•1,044
-728
-953
-685
-1,320
-1,695
-1,547
1972p
1972-Jan
.
.
Feb
.
.
Mar
Apr
May
June
.
.
-42
25
-87
-273
.
.
.
.
.
July .
Aug . .
Sept .
Oct..
81
93
44
1973-Jan.
23
,,
Nov ...
Dec. p
p
Net foreign
purchases
p.
Preliminary.
47
-1
-127
-1
,
-'i
9
-191
-230
88
30
12
-51
188
129
173
153
319
339
100
98
-370
-104
51
200
290
229
-157
-314
-517
35
21
1
20
16
104
-43
63
161
204
32
74
82
"'I
-35
136
-249
211
460
-1
191
324
804
804
592
966
806
644
548
617
731
March 1973
119
^CAPITAL MOVEMENTS.
V Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Section
Table CM-V-3.
-
-
Net Foreign Transactions
in
Marketable Treasury Bonds and Notes by Country
(In millions of dollars; negative figures indicate net sales by foreigners
,
Jr
a net
outflow of capital from the United States;
1972
Calendar year
1973
Country
: )69
Europe
1970
1971
1972 p
4
3
7
26
79
-15
56
96
-149
Aug.
Sept.
Oct.
Nov.
20
50
15
18
Jan. p
:
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spa in
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
-30
-U
15
55
-1
Total Europe
11
America
Argentina
100
68
-114
Canada
.atin
13
25
-76
377
10
68
25
:
Braz il
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas X
Netherlands Antilles and Surinam
Other Latin America
Total Latin America
sia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)
Hong Kong
:
Ind ia
20
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
-20
52
2,663
53
Total Asia
1,662
1,642
2,664
185
171
275
171
247
378
487
__
247
frica:
Egypt
Morocco
South Africa
Zaire
Other Africa
35
-
125
Total Africa
35
-35
125
ther countries
120
:
Australia
All other
25
Total other countries
25
otal foreign countries
-56
82
1,542
247
356
404
international and regional
International
Latin American regional
Asian regional
5
-31
6
Total international and regional
1
\J
>
'
Through Decerns
Preliminary.
Less than $500,000.
60
-3
40
3,316
413
10
-1
130
56
'.',
,
Bermuda included with Bihamas.
1,672
404
562
Treasury Bulled
120
.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Estimated Foreign Holdings of Marketable Treasury Bonds and Notes by Country
Section
Table CM-V-4.
(
-
In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
March 1973
121
_CAPITAL MOVEMENTS.
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-5. - Net Foreign Transactions in Long-Term Domestic Bonds,
Other than Treasury Bonds and Notes, by Country
Section
V
-
(In millions of dollars; negative figures indicate net sales by foreigners ur a net outflow of capital from the United States)
1972
Calendar year
1973
Country
Sept.
85
4
2
Aug.
7
6
70
7
2
5
Dec. p
Oct.
1
1
1970
-4
31
Europe
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spa in
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
1972 p
2
1969
Jan. p
:
-1
1
21
2
4
1
7
*
1
*
2
53
12
30
30
1
36
7
*
35
48
15
35
293
77
6
*
5
-1
48
5
5
3
14
1
15
37
*
6
19
18
-18
65
31
1
-23
-1
13
97
200
16
4
11
-2
1
5
*
1
3
11
176
1
134
*
118
251
4
2
134
327
-2
822
Canada
Latin America :
Argentina
Bras il
Chile
Colombia
Cuba
Mexico
•
Panama ...................
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas 1/
Netherlands Antilles and Surinam
Other Latin America
Total Latin America
464
612
32
Total Europe
128
320
*
188
1,243
1
1
1
*
15
35
-1
M
2
27
*
46
49
38
36
42
48
49
138
138
207
148
-16
62
15
1
1
46
37
1
-1
-8
,
25
21
-3
25
14
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
-2
17
-7
25
:
.'
-12
6
*
1
60
283
-1
22
Total Asia
-11
61
293
28
Africa
Egypt
Morocco
South Africa
Zaire
Other Africa
:
Total Africa
Other countries
:
Australia
All other
-14
1
Total other countries
10
1,643
International and regional
343
Total international and regional
336
324
216
120
132
253
249
-44
-7
1,202
324
39
1,788
Data include transactions in issues of states and municipalities, and of
corporations and other agencies of 1.|ie U.S. Government.
1/ Through December 31, 1972, Bermuda included with Bahamas.
Note:
218
:
International
European regional
Asian regional
Grand total
133
-44
146
148
70
145
Total foreign countries
U9
Preliminary.
Less than $500,000.
122
Treasury Bulletit
.CAPITAL
MOVEMENTS.
Transactions in Long-Term Securities by Foreigners
Section V
Reported by Banks and Brokers in the United States
-
Table CM-V-6.
-
Net Foreign Transactions
in
Domestic Stocks by Country
(In millions of dollars; negative figures Indicate
net sales by foreigners or a net outflow of capital from the
United States)
Calendar year
1973
Country
1969
1971
19
226
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
1970
-2
-10
38
+
""
P
Aug.
Sept.
Oct.
Dec. p
:
10
-1
-7
-1
4
11
6
1
6
-1
87
131
60
-13
36
-7
65
2
2
2
2
15
-1
5
1
150
21b
58
195
-1
1
373
-51
10
49
189
38
32
18
-1
1
128
219
297
6
8
3
2
-1
1
5
23
6
1
1
-4
1
642
68
3
1
51
*
694
93
63
6
5
3
-4
490
-7
110
1
-2
-245
-33
6
-3
168
-2
-49
24
85
44
49
32
-3
29
3
55
-3
2
7
42
47
2
1
2
1
-1
2
83
*
61
59
138
*
45
150
132
109
*
-1
2
Total Europe
242
1,094
Canada
244
-93
125
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas 1/
Netherlands Antilles and Surinam
Other Latin America
1
14
23
:
Total Latin America
2
3
*
5
9
-6
5
-1
5
-3
2
-4
-3
-1
-1
2
6
-4
-7
14
*
-1
-1
77
47
26
46
13
1
-4
-3
-1
-1
-7
13
5
-16
-9
18
-35
-7
5
-1
3
-19
136
Asia
China, People 's Republic of
(China Mainland)
China, Republic of (Taiwan)
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
:
1
56
-2
-2
10
48
1 .9
2
4
1
36
16
11
4
8
90
Total Asia
50
85
55
2
42
4
17
-19
32
1
256
Africa
Egypt
Morocco
South Africa
Zaire
Other Africa
:
Total Africa
Other countries
Australia
All other
-1
:
-1
Total other countries
1
Total foreign countries
International and regional
International
European regional
Asian regional
African regional
Total international and
Grand total
p
*
1,451
-1
604
-1
282
347
•
12
6
ri
1,487
626
rough December 31, 1972, Bermuda included with Bahamas,
Preliminary.
Less than $500,000.
12
245
4f Q
4
73
123
March 2973
.CAPITAL MOVEMENTS.
V
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Section
Table CM-V-7.
-
-
Net Foreign Transactions
in
Long-Term Foreign Bonds by Country
In millions of dollars; negative figures Indicate net sales by foreigners or a net, outflow of capital from the United States)
(
Calendar year
1973
Country
1969
1970
1971
1972 p
Aug.
Sept.
Oct.
Nov.
Dec. p
Jan. p
Surope:
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
1
2
1
42
7
6
-3
9
8
10
1
4
10
1
59
-3
6
1
29
7
-1
1
14
10
-25
20
-4
*
32
11
9
-1
1
-22
1
-32
5
-1
6
21
19
6
2
6
1
3
*
1
4
9
1
-1
43
-1
3
*
36
55
5
12
-19
-15
1
-2
15
13
-26
-4
-1
10
1
3
2
-5
Total Europe
108
atin America
Argentina
32
133
-970
-699
-405
-803
1
-14
;anada
2
-22
-1
8
1
1
1
-2
-35
-32
-29
24
18
36
10
-24
-14
-89
:
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas l/. .Netherlands Antilles and Surinam
Other Latin America
Total Latin America
1
3
53
5
4
-3
-2
2
1
-2
-24
-12
-5
-90
3
1
2
2
5
12
8
-17
-2
3
-6
7
7
1
7
-50
16
-2
-1
-4
*
-1
-2
-15
-3
-12
,
1
-69
12
1
-11
-8
-1
1
-1
-95
-33
^sia:
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
Total Asia
-1
-1
-1
12
2
9
2
2
1
-3
-6
-138
-4
-1
-7
-6
-36
-161
-209
-3
-215
15
-4
-6
-24
-195
-134
Egypt
Morocco
South Africa
Zaire
Other Africa
-4
-2
Total Africa
-4
Vfrlca
-232
-210
-15
28
-26
3
-32
--•
-5
26
6
-1
1
14
17
13
8
10
23
34
-26
32
-1,096
-695
-578
-947
54
-177
-277
-124
6
6
-80
16
-50
28
-256
-311
-93
-951
388
Total other countries
rotal foreign countries
International and regional
International
European regional
Latin American regional
Asian regional
!rand total
-67
-46
11
10
-2
16
11
30
-51
-35
-258
-142
-249
-133
:
Total international and regional
1
2
-12
-2
-33
3
:
Australia
All other
>
1
-15
:
jther countries
1/
5
-3
-1
-10
2
66
1
Through December 31, 1972, Bermuda included with Bahamai
Preliminary.
Less than $500,000.
3
-1,041
Treasury Bulletin
124
.CAPITAL
MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-8. - Net Foreign Transactions in Foreign Stocks by Country
Section
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
March 1973
125
.CAPITAL MOVEMENTS.
V Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-9. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During January 1973 Preliminary
Section
-
(In millions of dollars)
Treasury Bulleth
126
:apital
V
movements.
Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-10. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During Calendar Year 1971
Section
-
(In millions of dollars)
March 1973
127
.CAPITAL
Section VI
-
Table CM-VI-1.
MOVEMENTS.
Foreign Credit and Debit Balances in Brokerage Accounts
Foreign Credit Balances (Due to Foreigners) by Country
(Position at end of period in millions of dollars)
Treasury Bulletin
128
.CAPITAL
Section VI
-
Table CM-VI-2.
MOVEMENTS.
Foreign Credit and Debit Balances in Brokerage Accounts
-
Foreign Debit Balances (Due from Foreigners) by Country
(Position at end of period in millions of dollars)
Calendar year
Country
Europe
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain.
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
1967
1968
1971
1969
1970
Deo.
Mar.
Sept.
:
2
1
15
10
13
22
20
1
1
9
13
12
1
12
U
16
20
1
12
12
1
18
23
15
24
14
25
1
1
9
12
12
20
1
14
7
1
1
15
23
2
12
13
*
1
3
5
5
1
38
1
1
1
106
2
1
50
42
87
*
64
59
41
37
44
37
35
42
*
42
1
10
186
189
29
32
3
2
1
74
23
U6
Total Europe.
10
5
6
239
146
155
155
141
61
49
54
52
6
5
3
5
4
4
1
Canada
*
4
1
4
1
5
1
1
2
14
9
12
71
Latin America
Argentina.
Brazil.. ..
Chile
Colombia.
Cuba
Mexico. . .
:
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
1
American Republics..
Bermuda
,
Antilles and Surinam
America
Total Latin America.
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan).
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Other Asia
3
1
15
4
3
1
2
3
*
38
18
24
6
21
21
5
14
18
11
45
41
52
50
46
47
23
40
52
62
52
35
53
63
75
65
281
314
379
339
336
314
379
339
336
40
1
1
5
5
9
:
19
18
1
10
18
40
Total Asia
17
49
24
Africa
Egypt
Morocco
South Africa
Zaire
Other Africa
:
Total Africa.
Other countries
Australia
All other
:
Total other countries.
Total foreign countries.
508
International and regional
Grand total
Note:
298
508
273
Data represent the money debit balances (due from foreigners),
as appearing on the books of reporting brokers and dealers in
the United States, in accounts of foreigners with them, and in
their accounts carried by foreigners.
Preliminary.
Less than $500,000.
March 1973
129
.FINANCIAL OPERATIONS OF
Section III
Table GA-III-1.
-
GOVERNMENT AGENCIES AND FUNDS.
Federal Credit Programs
-
Direct Sales and Repurchases of Loans
(In millions of dollars)
Export- Import
Bank of the
United States
Housing and Urban Development Department
Farmers Home
Administrat ion
Fiscal year
or month
Sales
1,150
936
696
954
1,070
1,337
2,115
2,548
3,045
1964
1965
1966.
1967,
1968,
1969,
1970,
1971,
1972,
1972- Jan.
Feb..
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov..
Dec..
1973-Jan....
Fiscal 1973
to date
Repurchases
Repurchases
436
92
213
428
842
305
781
119
157
391
729
974
959
124
63
153
91
379
490
159
62
24
55
16
368
95
455
129
308
720
30
48
26
190
005
2,430
523
19
2,260
187
16
185
,668
4
16
18
23
26
261
75
406
269
248
110
68
95
28
523
234
109
Sales
1/
29
12
57
6
10
1
33
20
Repurchases
Government
National Mortgage
Association 1/
Sales
144
264
6
50
174
405
569
287
574
Office of Secretary
2/
Repurchases
Small Business
Administration
Repurchases
Repurchases
104
5
33
11
31
120
2
15
6
*
30
2
1
Veterans
Administration
Repurchases
Treasury Bulletin
130
.CUMULATIVE TABLE OF CONTENTS.
April 1972 through
March
1973
Issue and page number
1972
1973
Sections
Apr.
May
July
Aug.
Nov.
Sept.
Article:
Treasury financing operations
Federal fiscal operations:
Summary of fiscal operations
Budget receipts by principal sources
Chart - Budget receipts by principal sources
Budget outlays by agencies
Undistributed intrabudgetary transactions
Budget outlays by major function
Investment transactions of Government accounts in
Federal securities (net)
Trust funds transactions
Loan disbursements and repayments, net lending, and
loan balances of Federal Credit Programs
Detail of excise tax receipts
Accountability of the Treasurer of the U.S. on an
accounting basis
Summary of internal revenue collections by States,
and other areas
Federal obligations.
1
10
11
10
11
4
4
2
4
5
5
5
6
7
10
11
1
2
5
10
11
1
2
4
10
11
1
2
6
7
6
6
7
9
10
9
L0
9
10
9
10
9
10
11
11
13
13
14
16
14
Account, of _t he 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
7
14
16
:
17
18
16
17
IP
19
16
17
13
K
18
19
20
21
18
19
20
21
20
21
19
19
18
18
20
20
18
18
15
15
20
20
22
22
20
20
22
22
22
22
Monetary statistics:
Money in circulation
Federal debt:
Summary of Federal debt
Computed interest charge and computed interest rate
on interest- bearing public debt
Interests-bearing public debt
Maturity distribution and average length of marketable inte re s"t- bearing public debt
Special public debt issues
Interest-bearing securities issued by Government
agencies
Participation certificates
Debt subject to statutory limitation
Status and application of statutory limitation
Treasury holdings of securities issued by Government
corporations and other agencies
21
19
21
22
20
21
22
23
21
22
24
25
23
24
26
27
25
26
24
22
24
24
20
21
17
18
22
23
24
25
22
23
24
25
24
25
24
21
22
18
19
23
24
25
26
23
24
25
26
25
26
26
27
28
23
24
25
26
20
21
22
23
25
26
27
28
29
30
25
26
27
28
29
30
27
28
29
30
29
20
27
24
30
31
28
29
25
26
2?
22
23
23
27
28
27
28
31
Public debt operations:
Maturity schedule of interest-bearing marketable
public debt securities other than regular weekly
and annual Treasury bills outstanding
Offerings of Treasury bills
New money financing through regular weekly Treasury
bills
Offerings of public marketable securities other than
regular weekly Treasury bills
Unmatured marketable securities issued at a premium
or discount other than advance refunding operations
Allotments by investor classes on subscriptions for
public marketable securities
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:
Sales and redemptions by series, cumulative
Sales and redemptions by periods, all series
combined
Sales and redemptions by periods, Series E through K.
Redemptions of matured and unmatured saving bonds. . .
Sales and redemptions by denominations, Series E and
H combined
Sales by States, Series E and H combined
28
29
32
32
35
35
35
32
36
38
38
40
38
35
39
40
40
42
40
37
41
4
JO
32
31
33
28
30
31
32
32
33
33
33
29
30
35
35
36
38
38
39
41
41
41
41
43
43
45
43
40
44
46
4<+
46
46
47
49
47
45
48
50
48
50
50
59
62
60
57
60
60
63
59
62
63
65
62
63
.'
62
62
63
65
62
63
65
66
68
63
64
66
62
63
65
66
67
(Continued on following page)
59
60
62
59
61
62
64
59
60
•
2
65
March 1973
131
.CUMULATIVE TABLE OF CONTENTS
April 1972 through
March
1973
-
(Continued)
Issue and page number
1973
Sections
Apr.
May
July
United States savings notes:
Sales and redemptions by periods.
66
67
67
68
68
69
70
71
Treasury Survey of ownership
68
69
Sept.
Oct.
68 9
69
Ownership of Federal securities:
Distribution by classes of investors and types of
issues
Estimated ownership by private investors
Aug.
63
65
64
66
66
69
70
64
66
67
65
66
67
68
67
68
66
68
67
69
69
73
75
75
77
74
76
76
78
76
78
83
85
78
77
79
79
86
79
78
80
80
87
70
Treasury survey-commercial bank ownership
..,5
Nov.
Deo.
Jan.
68
69
.
Market Quotations on Treasury securities
End-of-month closing quotations by issues.
Chart - Yields of Treasury securities
:
Average yields of long-term bonds:
Average yields of Treasury, corporate and municipal
bonds by periods
Chart - Average yields of Treasury, corporate and
municipal bonds
Exchange Stabilization Fund:
Balance sheet
Income and expense
76
78
79
81
79
82
80
87
83
81
88
81
82
84
85
83
84
83
84
83
8>:
85
90
79
83
80
82
84
89
85
84
87
86
91
80
84
81
83
85
90
85
88
89
87
88
92
93
1
85
86
32
86
82
83
84
85
86
87
91
92
87
90
89
94
83
87
84
86
90
93
92
97
90
87
89
91
96
101
100
105
94
38
95
97
99
104
86
87
Capital movements between the United States and foreign
countries
Liabilities to foreigners reported by banks in the
United States
Claims on foreigners reported by banks in the United
States
Liabilities to foreigners reported by nonbanking
concerns in the United States
Claims on foreigners reported by nonbanking concerns
in the United States
Transactions in long-term securities by foreigners reported by banks and brokers in the United States
Foregin credit and debit balances in brokerage accounts
12/4
Foreign currencies acquired by the U.S. Government
without payment of dollars:
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust funds
127
128
Financial operations of Government agencies and funds:
Government corporations and other business-type
activities:
Statements of financial condition
Statements of income and expense
Statements of source and application of funds
Regular Governmental activities
Statements of financial condition
Federal credit programs:
Direct sales and repurchases of loans
Loans outstanding, excluding interagency loans
Trust funds:
Civil Service Retirement and Disability Fund
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
77
81
82
National bank reports:
Income, expenses, and dividends for calendar year 1971
International financial statistics:
U. S. reserve assets
U.S. liquid and nonliquid liabilities to foreign
official institutions, and liquid liabilities to all
other foreigners
U.S. liquid and nonliquid 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. net monetary gold transactions with foreign countries and international and regional organizations...
84
91
99
!
93
105
104
107
106
111
100
104
101
103
105
110
109
108
111
110
115
104
108
105
107
109
114
115
114
123
117
126
116
125
121
130
110
119
1U
111
120
113
122
115
124
120
129
123
123
124
129
130
125
126
149
H9
155
159
160
174
175
176
177
177
178
178
179
181
182
1?8
159
127
132
172
173
161
162
133
134
135
135
136
136
137
139
140
176
177
178
178
179
179
180
182
183
165
166
167
167
168
168
DEPARTMENT OF THE TREASURY
POSTAGE AND FEES PAID
DEPARTMENT OF THE TREASURY
FISCAL SERVICE. BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
TREAS
D.C. 20226
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S TAT E S
SAVINGS
BONDS
-
653
!N3\NI
100
.n
Treas.
HJ
10
.A2
c.l
U * S * Treasury Dept.
Treasury Bulletin
June 1973.
Jan.
Treas.
HJ
U.S. Treasury Dept.
10
.A2
Treasury Bulletin Jan.
June 1973.
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