Full text of Treasury Bulletin : May 1971
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T
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e
a
s
u
r
y
B
u
May 1971
O F F IC E
O F
T H E
S E C R E T A R Y
l l e
t
i n
T h e Treasury Bulletin is for sale by the
Superintendent of Documents,
S. Government Printing Office, Washington, D.C. 20402
Subscription per year $13.50 domestic, $17.00 foreign.
Single copy price varies.
1971
CO N TEN TS
Treasury financing operations....................................................................
II
Federal fiscal operations...............................................................................
1
Federal obligations...........................................................................................
12
Account o f the Treasurer o f the United States....................................
16
M onetary statistics.........................................................................................
19
Federal debt.......................................................................................................
20
Public debt operations....................................................................................
28
United States savings bonds........................................................................
61
United States savings notes.........................................................................
66
Ownership o f Federal securities.................................................................
67
Treasury survey o f ow nership....................................................................
69
Market quotations on Treasury securities..............................................
75
Average yields o f long-term bonds.............................................................
78
International financial statistics.................................................................
80
Capital movements..........................................................................................
85
Financial operations o f Government agencies and funds....................
122
Cumulative table o f contents.......................................................................
130
Note:
Details o f figures may not add to totals because o f rounding.
II
Treasury Bulletin
Treasury Financing Operations
mature April 30,
On April 28 the Treasuiy announced an exchange offering
of 5#
Treasury Notes of Series E-1972, dated May 15, 1971,
due August
15, 1972, at par,
5-3/4# Treasury Notes of
and an additional
1967, due November 15, 1974, si 99.60 (to yield about
t
to holders of the $8.4
5.88%)
billion of 5-1/4% Treasuiy Notes of
Series A-1971 and
Subscribers for the 5-3/4#notes were given
a cash payment of $4.00 per $1,000 for the difference between
the price of the notes and the par value of the maturing notes.
Tenders were opened on April 27.
Tenders received for the
million, of which
276-day bills totaled $1,449
$500 million was accepted, including $15
million of noncompetitive tenders.
The average bank discount
rate was 4.403 percent.
8% Treasury Notes of Series E-1971, matur
ing May 15,1971.
issued April 30.
These issues were to refund $1,700 million of bills maturing
April 30.
amount of
Series A-1974, dated November 15,
1972, both series to be
Tenders received for the
366-day bills totaled $2,223
million, of which $1,200 million was accepted, including $29
million of noncompetitive tenders.
The average bank discount
rate was 4.422 percent.
The public held $5.8 billion of the maturing notes.
13-Week and 26-Week Bills
Subscriptions accepted totaled about $3,399 million for
Issues of regular weekly Treasuiy bills in April totaled
the 5# notes and $3,216 million for the 5-3/4# notes, leaving
about $1,826 million of the maturing notes for cash redemp
$17.5 billion, replacing
There were one
tion.
$16.9 billion of
91-day issue of
maturing bills.
$1.9 billion, four
91-day
issues of $2.0 billion, two 182-day issues of $1.4 billion,
The subscription books were open until 6 p.m. local time,
Wednesday, May 5.
To be timely subscriptions had to be re
and three 182-day issues of $1.6 billion.
Average rates for
the new issues are ^shown in the following table.
ceived by a Federal Reserve Bank or Branch or the Office of the
Treasurer of the United States by such time, except that sub
scriptions addressed to one of those agencies and postmarked
before midnight
Tuesday, May 4,
were deemed to be timely.
Cash subscriptions were not accepted.
The payment and
de-
13-week
(Additional amount of bills of
original maturity of 26 weeks)
26-week
liveiy date for the notes was Monday, May 17.
were to be detached and cashed when due.
1
3.522
1971
Apr.
7
14
21
28
3.704
4.038
3.770
3.865
Additional
issue
Original
issue
1971
Apr.
1970
Dec.
1971
Jan.
Approximate
equivalent
annual
average
rate 1/
to holders of record on April 15,
1971, the date the transfer books closed.
Interest on the 5# notes is payable on a semiannual basis
on August 15, 1971, and Februaiy 15 and August 15, 1972.
1
8
15
22
29
In
terest on the 5-3/4# notes is payable semiannually on May 15
and November 15.
Date of
issue
The May 15, 1971,
interest due on registered notes was paid by issue of interest
checks in regular course
Approximate
equivalent
annual
average
rate 1/
Date of —
Coupons dated May 15, 1971, on notes tendered in exchange
2/
8
15
22
29
3.695
3.755
4.141
3.960
4.087
The notes are available in registered and
bearer form in denominations of $1,000, $5,000, $10,000, $100,
000, and $1,000,000.
1/
2/
Bank discount basis.
Additional issue of bills dated September 30, 1970.
They are not callable.
9 -Month and One-year Bills
Treasury Bills - General
Qq April 21 tenders were invited
Treasury bills are sold on a bid basis.
for $500 million, or
The face amount
thereabouts, of 276-day Treasuiy bills, representing an ad
is payable without interest at maturity.
ditional amount
bearer form only, and in denominations of $10,000, $15,000,
January 31,
of 366-day
of bills dated Januaiy 31,
1972, and for $1,200
Treasuiy bills to
1971, maturing
million, or thereabouts,
be dated April 30,
1971, to
They are issued in
$50,000, $100,000, $500,000, and $1,000,000
ue).
Tenders are
(maturity val
received at Federal Reserve banks and
III
May 1971
Treasury Financing Operations - (Continued)
branches.
Each
tender must
be for a minimum
of $10,000.
on the date of issue, in cash or other immediately available
funds or in a like face amount of Treasury bills maturing on
Tenders over $10,000 must be in multiples of $5,000.
that date.
Banking institutions
Payment for 13-week, 26-week, 9-month, and one-
generally may submit tenders for
year bills may not be made by credit in Treasury tax and loan
account of customers.
Tenders may be made
without deposit
accounts.
by incorporated banks and trust companies and by responsible
and recognized
dealers in investment
from others must be accompanied
securities.
Tenders
by payment of 2 percent of
the face amount of bills applied for, unless the tenders are
accompanied by an express
Foreign Series and Foreign Currency Series
guaranty of payment by an incor
Foreign series securities issued in April totaled $1,336
million, consisting of nine certificates of indebtedness and
one note.
At the
porated bank or trust company.
Redemptions for the month totaled
end of April foreign
totaled $5,056 million.
Noncompetitive tenders (without stated price), usually
for $200,000 or less
from any one bidder, are
full at the average price of accepted
accepted in
competitive bids for
an issue.
Payment for accepted tenders must be made or completed
Note:
No foreign currency
redeemed
in April.
$851 million.
series securities outstanding
(Details are shown on page 58.)
series securities were
At the end
of April
issued or
foreign currency
series securities outstanding totaled an equivalent of $1,616
million and we.re denominated in German marks and Swiss francs.
(Details are shown on page 60.)
Details of Treasury market financing operations are shown elsewhere in tables on public debt operations.
1
May 1971
.FEDERAL FISCAL OPERATIONS.
Table FFO-1. - Summary o f Fiscal Operations
(In millions of dollars)
Means of financing - net transactions
Budget receipts, expenditures, and lending
Loan account 1/
The expenditure account
Fiscal year
or month
()
1
99,676
106,560
116,833
130,856
196 9
197 0
149,552
153,671
187,784
193,743
153,201
172,802
183,072
1971 (Est.).
1972 (Est.).
194,193
217,593
211,1^3
196 8
112,662
194,460
228,286
9,61*6
10,237
10,911
ll*,628
17,676
20,327
13,167
8,3^
10,796
12,623
H*,297
11,691
6,215
-2,351
l*
l5
-5 5
1*
-1,21*9
-3,832
-5,053
-6,030
-1,1*76
-2,128
-16,951
-10,693
130,820
1963......
196 k......
196 5
196 6
J.967......
8,807
9,U *
io
7,196
8, * !
19 *
-1,6 11
91*6
771
51
6*
587
1,357
515r
31
6*
17
*9
877
-256r
-200
17
*8
()
4
I6,272r
17,858
16,337
14,871
-3,l67r
4 ,186
-2,351
7,690
July...
Aug.. .
.
Sept..,
O ct...,
Nov... ,
Dec...,
12,609
15,172
18,725
11,493
14,134
15,429
19,344
17,429
17,329
17,1*90
-6,735
-2,257
1,396
16,616
1971-Jan...
Feb...
Max.. .
Fiscal 1971
to date....
15,773
15,130
13,205
16,870
131,669
()
5
9,621
13,105r
22,043
13,986
22,561
1970-Mar.. .
.
Apr.. .
.
May....
June..,
(l4)+(5)
()
6
(l)-(2)
()
3
-4,786
-4,896
-5,377
-347
36
-3,61*9
-19,131
4,712
-710
()
2
104,462
111,1+56
118,039
117,181
1962......
f t
le
lending
3/
Loan
repay
ments
Loan
Surplus
or def dis
icit (-) burse
ments
Net
expend
itures
3/
Net
receipts
2/
Borrowings from the public - Federal securities
7,271
9,791
9,693
9,662
Out
lays 3/
(2)-(6)
()
7
106,813
111,311
118,581*
118 ,
1*30
13^,652
158,254
178,833
181*,51*8
196,588
212,755
229,232
Budget
surplus
or def
icit (-)
(3)+(6)
()
8
Public
debt
securi
ties
1971 (Est.)....
1972 (Est.)....
1970-Mar.......
1,450
196
508
704
4,04l
5,079
5,944
-10,150
-1,739
8,522
10,062
-18,562
-11,639
25,926
23,556
-1,497
-1,189
6,830
17,600
11,767
10,600
21
-39
867
-162
1,428
2,864
2,330
3,244
9,035
5,320
3,l6l
-4,8i3
3,893
-1*80
-3,423r
3,?86
-2,1*59
7,210
-169
-278
-160
-38
-3
12
-126
354
-482
-1,119
-1,384
2,838
23,100
-11,146
5,397
2,315r
-4,691
1,452
-3,156
2,164
2,827
5,649
4,333
-2,223
9,769
6,088
3,092
4,061
3,076
-386
1,615
-863
-1,056
129
-108
598
742
585
6*
17
19,327
17,1*95
1,**
7113
17,61*0
16,728
15,550
-6,11*7
-2,59^
-121
1,522
-17
J ’482
,
-**
117
17
-66
-111*
-150
-112
326
-6,718
-2,323
18*
*1
592
17
*2
973
3,440
5,519
-5
31
-1,097
-1,587
-5,123
8l *
l
31
7*
808
569
5* *
ll
490
- *5
21
170
-318
17,115
16 ,51*6
2,324
1,003
1,013
-1,001
518
-465
1,082
18,646
-l,3l*l
-1,417
-5,441
-818
16,717
18,328
846
660
240
675
155,998
-24,329
5,697
5,205
-491
156,490
-24,821
20,749
511
3,427
17,833
1,281
Within gen'l.
acct. of
Treasurer,
u.s. 6/
(deduct)
SDR’s 7/
(5
1)
3.731
*
_
1,876
-
-1,264
1,59**
_
-260
_
-4,571
-1 ,091*
-
760
1 ,7*16
-
_
_
557
(
16)
138
-58
4l
371
259
-5
1,859
808
-1,536
5,997
2,716
•1,347
2,561
3,306
3,024
2,525
Selected balances, end of period
Federal securities
Trans
Other
actions
With Inter
means of not applied
national
financ to year's
Monetary
ing 8/
surplus or
Fund
deficit 2/
Other (deduct)
With other
Government
officers
(deduct)
(7
1)
-171
-255
-367
381
-447
-342
538
644
802
(
18)
1,017
188
1,179
-217
-359
132
2,997
-284
-22
(9
1)
51
38
6l
98
629
813
367
10,407
Total
budget
financ
ing
(i3)-m
-(15)
-(16)
-(17)+(18)
+( 9
1)
(
20)
7,137
*t,751
5,922
1,596
3,796
8,702
-961
25,161
-3,236
2,845
General
account of Public
Treasurer, debt
U.S. 6/
securi
ties
(
21)
10,504
12,380
(
22)
Agency
securi
ties
10/
12,710
12,450
7,879
6,785
7,544
9,291
317,274
319,907
347,578
353,720
370,919
(3
2)
7,927
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
298,201
305,860
11,116 * 311,713
326,221
Invest
ments of Special
Govern notes
ment
5/
accounts
(4
2)
5^,918
56,3^5
59,210
61,540
64,784
73,819
79,140
87,661
97,723
(5
2)
2,837
3,176
3,581
3,455
3,810
3,328
2,209
825
825
Held by
the
public
(22)+(23)
-(24)-(25)
(
26)
248,373
254,461
257,553
261,614
264,690
267,529
290,629
279,483
284,880
226
620
July......
Aug.......
-942
-92
1,692
-2,512
-429
_
_
_
510
452
18,562
-
-
4oi
638
11,639
9,291
9,291
396,845
1*20,401
11,013
9, *
821
104,553
-
-1,660
2,457
116,320
825
825
302,480
313,080
-98
6
-1
32
-297r
53
-455
262
73
-67
-150
-1 1
112
-135
-387
-113
-2
981r
1,284
-1,289
-1,779
31
33
30
23
3,423r
-3,986
2,459
-7,210
7,875
8,495
6,834
9,291
372,007
367,194
371,088
370,919
12,988r
12,948
12,670
12,510
92,894
92,732
94,896
97,723
825
825
825
825
291,276r
286,584
19
8,074
7,982
9,674
825
825
98,089
383,640
389,158
97,032
97,161
99,687
825
825
825
825
290,877
293,593
292,246
6,733
8,769
12,472
12,469
12,482
12,465
12,460
12,491
97,337
98,952
7,162
376,568
380,901
378,678
380,200
19
6,718
2,323
-1,281
6,147
2.59U
121
1,3*H
1,10.7
5,441
10,605
8,854
5,513
388,341
390,664
391,668
13,504
12,503
13,021
99,222
100,304
101,150
825
825
825
302,713
24,821
5,513
391,668
13,021
101,150
825
302,713
4
-207
_
30
-198
169
2,035
1971-Jan.......
Feb.......
Mar.......
Fiscal 1971
to date.......
284
339
405
627
602
15,876
May.......
June......
Oct.......
Nov.......
(2
1)
(l
l)
()
9
9,230
7,659
5,853
5,561
2,633
6,314
21,357
6,142
17,198
1*60
667
(4
1)
1963..........
1964..........
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
Total bor
rowings
from
the public
(91+(10)
-(11)-(12)
(3
1)
Special
notes 5/
-7,137
-1+,751
-5,922
-1,596
-3,796
-8,702
-25,161
3,236
-2,81*5
Means of financing - net transactions (continued)
1962..........
(0
1)
Invest
ments of
Govern
ment ac
counts 4/
I6,528r
18,057
1,**
6115
15,351
Changes in cash and monetary assets
Fiscal year
or month
Agency
securi
ties
-30
-110
50
-39
79
126
-331
-847
1,545
884
-1,230
-791
1,836
617
-^
16
-235
2,836
-1,751
-3,341
-
-160
-
-764
-25
53
-
1,402
17
30
51
-3,503
485
-298
-634
2,704
334
Source:
Based on monthly statement of receipts and expenditures of the
Government. The loan account data for fiscal years 1962-1966 and all
estimates are from the 1972 Budget document released January 29, 1971.
Includes investments in non-Federal securities.
See Table FFO-2.
I See Table FFO-3.
See Table FFO-6.
I Represents non-interest bearing public debt securities issued to the
IMF and international lending organizations (IDA and LADB) in recogni
tion of U.S. Government subscription commitments.
6/ Current fiscal year to date transactions are on the dally Treasury
statement clearance date basis and are converted to accounting date.
28
25
127
18
288,036
284,880
294,808
298,113
301,138
301,798
302,038
basis at June 30 (final) only. Prior fiscal year amounts include
transactions in transit as of June 30. For amounts in transit see
Table FF0-8 in December 1970 Bulletin.
7/ Represents holdings of Special Drawing Rights, less certificates
issued to Federal Reserve Banks.
8/ Includes accrued interest payable on public debt securities, deposit
funds, and miscellaneous liability and asset accounts.
%/ Includes seigniorage, fiscal 1969 conversion of certain corporations
to private ownership, and fiscal 1970 reclassification of certificates
of interest of $1,590 million less $7 million investments held by
Government accounts.
r Revised.
10/ See Table FD-6.
Treasury Bulletin
2
________ FEDERAL FISCAL nPF.RATTONS
Table FFO-2. - Budget Receipts by Principal Sources
(In millions of dollars)
Income taxes
Fiscal year
or month
1962...............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970... ...........
1971 (Est.).........
1972 (Est.).........
Net
budget
receipts
Individual
Corporation
Net
total
Withheld
Other
Refunds
14,403
14,269
15,331
18,486
5,079
5,400
5,893
4,869
5,851
7,845
9,527
10,191
13,240
45,571
47,588
48,697
48,792
55,446
1^9,552
153,671
187,784
193,743
36,246
38,719
39,259
36,840
42,811
50,521
57,301
70,182
77,4l6
194,193
217,593
76,000
79,800
14,000
14,500
88,300
28,400
99,676
106,560
112,662
116,833
130,856
16,820
18,850
20,951
27,258
26,236
26,300
13,105r
22,043
13,986
22,561
6,096r
5,748
7,058
6,0l4
1,235
8,992
1,063
3,797
12,609
477
333
3,623
497
422
55
42
50
1971-Jan...........
Feb...........
Mar...........
15,773
15,130
13,205
6,339
7,246
6,605
4,280
654
1,392
Fiscal 1971
to date..........
131,669
57,636
11,895
93,700
236
15,172
18,725
11,493
14,134
15,429
6,040
6,985
5,907
5,667
7,007
5,838
87,249
90,412
3,901r
4,039
2,863
458
July..........
Aug...........
Sept..........
Oct...........
Nov...........
Dec...........
61,526
68,726
1970-Mar...........
Apr...........
May...........
June..........
10,579
6,493
3,366
1,085
683
3,887
6,643
216
62,888
66,094
69,167
72,189
74,253
85,519
95,497
97,390
123,927
123,241
30,100
2,800
36,700
118,400
130,400
773
757
808
670
761
946
1,232
l.,660
33,500
39,500
40
1,407
4,631
327r
317
148
18,398
81
20,523
21,579
23,1*93
25,1*61
30,073
33,971
28,665
36,678
32,829
3,400
21,296
711
4,664
100
Net total
income
taxes
Refunds
22,336
24,301
26,131
30,834
34,918
29,897
38,338
35,037
3,430r
10,701
5,258
9,353
6,281
7,219
9,449
6,110
7,181
6,209
Net
total
2,208
Gross
4,559
5,895
862
4,232r
i*,578
714
7,329
838
484
7,662r
15,279
5,972
7,517
188
1,071
666
4,543
234
1,089
420
187
179
558
310
363
524
4,484
7,119
7,703
13,727
6,779
7,705
10,693
526
372
3,523
11,105
6,865
6,890
2,699
15,699
78,587
182
265
.
4,278
669
16.,683
Social insurance taxes and contributions
Em
ploym
ent taxes and contributions
Fiscal year
or month
Old-age, disability, and
hospital insurance
Net
Gross
Refunds
total
m A TtUf
l jr
tU X TittCw
l
Unen p UT tOOluo il autc
Railroad retirement accounts
Gross
Refunds
Net
total
Net total
Gross
Refunds
Net
total
1962...............................
1963............ . .................
1964...............................
1965...............................
1966...............................
1967...............................
1968...............................
1969...............................
1970...............................
12,412
14,314
16,532
16,915
20,206
27,328
28,672
33,956
38,600
142
139
166
192
228
282
263
605
386
12,271
14,175
16,366
16,723
19,978
27,046
28,409
33,351
38,214
564
572
594
636
684
777
815
885
920
*
*
*
*
*
*
1
*
1
564
572
593
636
683
776
8l4
885
919
12,835
14,746
16,959
17,359
20,662
27,823
29,224
34,236
39,133
3,342
4,115
4,049
3,826
3,783
3,665
3,351
3,335
3,471
5
3
4
8
6
6
6
7
6
3,337
4,112
4,045
3,819
3,777
3,659
3,346
3,328
3,464
1971 (E st.)..................
1972; (E st.)..................
41,712
49,628
421
440
41,291
49,188
1,007
1,038
1
1
1,006
1,037
42,297
50,225
3,610
4,189
6
6
3,604
4,183
1970-Mar........................
Apr........................
M
ay........................
June......................
3,070
3,917
5,024
3,334
3,070
3,917
4,638
3,334
81
11
155
87
*
*
*
*
81
11
154
87
3,151
3,927
4,792
3,421
64
234
858
70
*
*
1
1
63
233
857
70
July......................
Aug.......................
Sept......................
Oct........................
Nov.......... ..
Dec........................
1971-Jan........................
Feb........................
Mar..........
2,736
4,387
2,559
2,304
3,310
2,l46
2,286
4,808
3,537
9
107
87
8
164
85
5
168
87
_
-
2,736
4,387
2,559
2,304
3,310
2,l46
2,286
4,808
3,537
*
*
1
-1
*
*
*
*
9
107
87
7
164
84
5
168
87
2,745
4,494
2,646
2,311
3,475
2,230
2,291
4,976
3,624
186
587
47
106
374
50
165
721
78
1
*
*
1
*
*
*
*
*
185
587
46
106
374
50
165
721
77
Fiscal 1971
to date..........
28,073
-
28,073
718
*
718
28,792
2,314
4
2,310
_
-
386
_
-
-
(Continued on following page)
3
May 1971
grenF.RAT.
FISCAL OPERATIONS_________________
Table FFO-2. - Budget Receipts by Principal Sources - (Continued)
(In millions of dollars)
Excise taxes
Social insurance taxes and contributions - (continued)
Miscellaneous excise taxes
Contributions for other
insurance and retirement
Fiscal year
or month
Federal
Supple
mental
Medical
Insurance
'Gross
Other
employees
retirement
Total
12
13
15
16
18
19
20
24
29
875
946
1,008
1,081
1,129
1,867
2,052
2,353
2,701
17,046
19,804
22,012
22,258
25,567
33,349
34,622
39,918
45,298
9,672
10,005
10,304
11,011
9,362
9,461
9,827
10,681
10,519
31
34
Federal
employees
retirement
_
Net total
social
insurance
taxes and
contri
butions
3,072
3,151
48,973
57,559
10,787
11,252
1962..........
1963..........
1964......... .
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
647
698
903
936
1971 (Est.)....
1972 (Est.)....
1,255
1,347
1970-Mar.......
Apr.......
May.......
June......
139r
176
127
193
5
2
2
2
222r
259
202
278
3,437r
4,419
5,851
3,769
July......
Aug.......
Sept......
Oct.......
Nov.......
Dec.......
79
81
73
83
105
96
110
106
101
102
147
149
158
170
155
160
254
250
270
279
259
265
110
96
112
153
149
172
264
247
288
3,184
5,330
2,962
2,697
4,108
2,545
2,720
5,943
3,990
959
755
772
750
1,022
886
1971-Jan.......
Feb.......
Mar.......
3
4
2
4
3
3
1
3
4
Fiscal 1971
to date.......
938
1,412
26
2,376
33,482
863
932
993
1,065
1,111
1,201
1,334
1,426
1,735
1,785
1,770
-
Excise taxes - (continued)
837
908
817
957
Highway trust fund
Net
total
Gross
87
89
93
99
217
183
127
96
167
9,585
9,915
10,211
10,911
9,145
9,278
9,700
10,585
10,352
3,080
3,405
3,646
3,782
4,037
4,652
4,493
4,861
5,386
131
126
127
123
120
212
114
224
32
2,949
3,279
3,519
3,659
3,917
4,441
4,379
4,637
5,354
137
137
10,650
11,115
5,689
5,775
119
116
5,570
5,659
379
421
511
438
11
95
3
11
368
326
508
427
_
464
520
459
446
482
Refunds
12r
9
6
17
825r
899
811
940
464
521
459
446
476
419
-6
-1
731
930
988
946
746
758
737
1,011
873
722
922
977
433
584
428
15
10
433
569
419
7,791
100
7,692
4,229
18
4,211
Estate and g ift taxes
Gross
Refunds
1971 (E st.)..........
1972 (E st.)..........
579
726
-1
—
1970- Mar................
Apr................
May.......
June......
_
-
1962..........
1963..........
1964..........
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
July......
Aug................
Sept......
Oct.......
Dec.......
1971-Jan................
Feb................
29
43
55
53
55
55
40
14
49
Net
total
580
726
Net total
excise
taxes
12,534
13,194
13,731
14,570
13,062
13,719
14,079
15,222
15,705
16,800
17,500
Gross
Refunds
Customs duties
Net
total
Gross
Refunds
420
Deposits of*
earnings by
Federal
Reserve
banks
All
other
Net total
miscel
laneous
receipts
19
20
23
29
28
36
31
39
36
2,016
2,167
2,394
2,716
3,066
2,978
3,051
3,491
3,644
1,171
1,241
1,284
1,478
1,811
1,972
2,113
2,387
2,494
29
35
32
35
45
71
75
68
64
1,142
1,205
1,252
1,442
1,767
1,901
2,038
2,319
2,430
718
828
947
1,372
1,713
1,805
2,091
2,662
3,266
125
194
138
222
162
303
400
247
158
843
1,023
1,084
1,594
1,875
2,108
2,491
2,908
3,424
3,770
5,340
40
40
3,730
5,300
2,554
2,764
64
64
2,490
2,700
3,500
3,600
300
534
3,800
4,134
322
599
348
328
208
212
197
217
255
289
274
299
30
-92
293
224
234
262
239
285
224
226
223
237
213
226
202
207
192
207
218
223
218
231
207
220
294
305
308
296
302
293
61
77
4
-8
25
46
289r
314
304
207
356
382
313
288
327
339
199
175
226
296
291
351
-10
70
-23
286
361
328
1,916
2,736
324
601
350
332
29
43
55
53
55
54
1,439
1,309
1,272
1,237
1,549
1,346
296
228
240
266
243
289
2
3
2
4
3
3
6
4
4
4
*
K
40
13
48
1,195
1,505
1,443
274
282
332
5
2
4
269
280
329
204
180
231
6
5
6
9
6
3
5
6
6
5
6
5
6
1
391
12,294
2,450
35
2,414
1,965
49
Fiscal 1971
393
_
2,035
2,187
2,416
2,746
3,094
3,014
3,082
3,530
3,680
l,193r
1,226
1,319
1,367
_
1
_
Miscellaneous receipts
Net
total
.
-
_
_
_
1
Net
total
13
7
14
12
11
13
10
8
11
Airport aiid airway t:rust fund !
:Fiscal year
or m
onth
Refunds
Source:
Beginning fiscal 1967 actual figures are from the monthly
statement of receipts and expenditures of the Government. Data for
prior years were derived on basis of the unified budget concepts
adopted Januaiy 1968. Estimates are from the 1972 Budget document
released Januaiy 29, 1971.
r Revised,
* Less than $500,000.
ir
2,980
B D E R C IPTS B PRIN
UGT EE
Y
CIPAL SO R E
UCS
$Bil.
Total
200-
150—
-200
-150
I I
I I
I
I I
I I
I
I I
Fiscal Year —
1 00-
1
.months fiscal years .
H
1970 and 1971
Comparison f r t 9
is
50 —
0 -
$Bil.
S u c : Monthly S a ement o R c i t and E p n i u e o t e U S G v r m n . Fo a t a amounts s e p e e i g T b e F O 2
ore
tt
f eeps
x e d t r s f h .. o e n e t r c u l
e r c d n al F - .
1/ I c u e e t t and g f tx s custom d te, and m s e l n o s rcit.
n l d s sae
i t ae ,
uis
i c l a e u eeps
I
1961
1963
I
1965
1967
■ ■
I I
I
I
1969
100
50
%
i- o
1971
5
May 1971
_ F E D E R A L FISCAL O P E R A T IO N S _
Table FFO-3. - Budget Outlays by Agencies
(In millions of dollars)
Fiscal year
or month
Legis
lative
Branch
The
Judi
ciary
Executive
Office
of the
President
Funds appropriated
to the President
Net
expend
itures
Net
lending
Agriculture Department
Total
Ne£
expend
itures
Net
lending
Commerce Department
Total
Net
expend
itures
Net
lending
Total
1962..............
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
151
145
148
162
181
240
255
277
340
56
61
64
73
76
86
91
109
128
29
23
23
24
26
28
28
31
36
1,801
3,201
3,694
3,872
4,357
4,851
4,898
4,971
4,785
17
29
21
15
-4
-10
1,801
3,201
3,694
3,889
4,385
4,872
4,913
4,967
4,774
5,901
6,904
7,088
6,374
5,158
5,429
6,795
7,693
7,974
393
429
370
421
356
412
512
637
332
6,294
7,333
7,458
6,795
5,513
5,8a
7,307
8,330
8,307
3,360
3,640
4,270
4,699
4,633
705
769
820
979
-21
20
32
51
37
21
38
35
49
3,340
3,660
4,302
4,749
4,670
726
807
854
1,028
1971 (Est.)........
1972 (Est.)........
396
430
H3
167
50
55
4,929
4,676
-5
_*
4,924
4,676
8,817
9,544
-115
-34
8,702
9,510
1,139
1,185
64
96
1,203
1,281
29
24
28
24
10
11
11
12
4
4
3
3
353r
415
434
500
252
235
212
-408
44
296
320
320
182
31
34
32
42
22
35
32
28
30
12
10
10
11
12
15
11
10
13
3
4
4
3
4
4
-2
-*
•
-1
407
366
354
358
213
423
506
57
535
2,714
1,156
318
1,063
661
613
581
396
193
-65
-124
-14
94
34
-260
3
4
5
353
416
435
504
407
366
355
359
214
425
508
57
536
287
103
33
3,227
-8
3,219
7,696
1971-Jan..........
Feb..........
Mar..........
Fiscal 1971
Health, Education, and
Welfare Department
Defense Department
Fiscal year
o r month
-
-1
-1
-4
#
*
-1
-2
-1
-2
Civil
1/
Net
expend
itures
Net
lending
Total
1962...............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
48,301
48,135
49,563
45,968
54,166
67,453
77,381
77,872
77,150
*
5
10
1
1
*
-8
-2
-1
48,302
48,140
49,573
45,969
54,167
67,453
77,373
77,870
77,150
982
1,103
1,130
1,211
1,278
1,310
1,300
1,268
1,211
4,209
20,247
21,692
22,727
27,897
34,320 .
40,672
46,499
52,227
1971 (Est.).........
1972 (Est.).........
73,370
74,975
_*
_*
73,370
74,975
l,42o
1,508
61,847
68,689
5,777
5,720
6,309
#
#
*
-1
*
#
#
#
_#
_*
#
-*
*
55,107
1971-Jan...........
Feb...........
Mar...........
108
590
_•*
6,367r
6,532
6,185
6,635
6,570
6,059
6,160
6,139
5,851
6,521
Fiscal 1971
Footnotes at end of table.
Net
lending
Total
2/
112
89
97
-110
7,585
809
Net
expend
itures
2
2
3
5
62
287
-96
95
110
4,210
20,249
a , 695
22,732
27,959
34,608
40,576
46,594
52,338
372
423
416
626
575
672
706
722
1,778
681
-756
-133
39
2,281
2,105
3,434
807
825
93
30
61,940
68,719
2,380
3,588
953
300
-45
37
-107
-56
170
229
63
228
132
89
102
16
33
49
438
243
217
161
125
244
338
225
585
5,851
6,521
53
127
129
142
134
118
6
3
2
6
6
2
4,626
4,720
4,866
4,886
4,758
5,037
5,'777
5,720
6,309
84
80
94
4,994
5,043
5,368
4
6
7
4,998
5,049
5,374
215
192
171
284
302
154
115
145
93
194
285
185
83
55,107
961
44,274
41
44,315
1,556
6,570
6,059
6,160
6,140
Net
Total
lending
4,372r
5,485
4,809
4,950
(Continued on following page)
53
40
66
665
2,141
838
29
Justice
Depart
ment
Total
521
282
669
672
657
410
217
819
1,136
19
17
16
22
4
21
18
18
1
539
300
685
694
661
432
235
837
1,136
291
313
325
355
366
403
430
515
11
19
357
1,434
1,071
1,412
346
3,333
3,888 1,415
148
113
92
101
Net
expend Net
lending
itures
1,054
-333 283
2,856
2,777
4,140
1,529
2,603
74r
120
106
123
101
72
82
119
75
83
3r
3
2
4
3
#
6
8
2
4
1
2
4
Interior Department
Housing and Urban
Development Department
6
23
6
-1
70
93
95
167
98
72
76
111
73
79
305
-205
127
4,366r
5,462
4,803
4,951
4,621
4,717
4,863
4,880
4,752
5,036
6,367r
6,531
6,185
6,634
71r
116
104
120
2,649
1,032
304
1,157
695
353
886
191
320
Military
Net
expend
itures
1970-Mar...........
84
.
87r
102
100
91
79r
96r
132r
96r
83r
-lllr
-556r
106r
75
-*r
1
1
1
*
*
1
1
*
#
-1
•
5
#
1
1
640
86r
103
101
92
52
52
73
57
79r
96r
133r
97r
83r
-lllr
-556r
107r
76
68
76
70
85
69
64
4
74
73
78
656
Treasury Bulletin
6
_______ FEDERAL FISCAL OPERATIONS________
Table FFO-3. - Budget Outlays by Agencies - (Continued)
(In millions of dollars)
Fiscal year
or month
Net
expend
itures
1962.....................
1963.....................
1964......................
1965......................
1966.....................
1967.....................
1968......................
1969......................
1970.....................
618
4,153
4,044
3,532
3,109
3,172
3,385
3,475
4,356
1971 (E st.)........
1972 (E st.)........
7,521
7,224
1970-Mar..............
502
469
417
500
M
ay..............
Net
lending
_
_
_
_
_
114
-114
_
-
_
-
_
_
-
_
Post
Office
Depart
ment
_
-
302
328
359
293
-260
138
412
420
426
1
-9
2
7
19
-6
1
5
20
302
319
361
300
-242
131
413
425
446
20,893
21,180
2,275
2,318
679
1 , 361*
315
-271
20
-5
335
-275
*r
18
-4
1
35
33
50
82
94
30
-*
_*
87
315
156
137
20
42
12
31
1*63
1*39
1*56
657
1,699
1,656
1,601
1,761*
103r
89
86
12
*
*
*
*
l,802r
1,745
1,689
1,776
207
216
188
235
231
150
337
177
166
60
88
15
33
68
40
65
32
26
25
1*97
605
722
721
637
623
1,763
1,762
1,760
1,761*
i,7U7
1,822
*
*
*
*
_*
_*
1,670
1,851
l , 8l 8
1,264
1,854
‘1,699
543
475
569
1,805
1,709
1,727
-93
88
58
-500
107
-123
-20
94
142
-*
_*
393
5,392
15,857
-245
_*
1,715
Veterans Administration
Net
expend
itures
2,806
2,758
2,763
2,625
2,403
2,264
2,466
2,450
2,453
20,800
21,150
-
Fiscal year
or month
26,638
9,745
10,552
11,433
12,427
13,064
14,655
16,924
19,510
7, 3671/
7, 805y
5,648
National
Aero
nautics
and Space
Admin.
-7
-69
-37
-1
-2
*
*
*
*
482
525
-
Fiscal 1971
to date..............
_
17,526
-81
-77
88
415
-326
82
336
206
2,353
1,333
202
171
221
_
Total
Other
5/
6,417
784
963
914
-
Environ
mental
Net
Protection expend
Agency
itures
Net
lending
Interest
on public
debt y
9,120
9,895
10,666
U,3l*6
12, 011*
13,391
iU,573
16,588
19, 301*
1971-Jan..............
Feb..............
_
_
2
/
Net expenditures
Atomic
Energy
C
om
mission
304
408
347
384
410
419
424
437
448
456
508
424
479
498
624
_
State
Depart
m
ent
Trans
portation
Department
797
770
578
805
888
l,l4 l
1,080
920
l,5 io
July............
Aug..............
Sept............
Oct..............
Nov..............
Dec..............
.
General Services Admin.
Treasury Department
Labor Department
Net
lending
Total
693
719
742
785
793
5,428
5,732
5 7 1/
,9 0
Other independent agencies
Net
expend
itures
Net
lending
Total
35r
15
53
80
Net
lending
Total
167
172
188
201
186
194
42r
12r
38r
39r
30r
41r
39r
-17
49
59
43
35
44
-2
-1
-2
-8
-2
-1
-19
48
57
34
33
43
1,785
1,803
1,869
179
170
169
25r
53r
40
53
24
47
-2
-1
7
51
23
55
15,611
1,627
337
-11
326
Undistributed
intra
budgetary
transactions 6/
317
Totals
Net
expend
itures
Net
lending
Total
Net expenditures
1962....................
1963....................
1964....................
1965....................
1966....................
1967....................
1968....................
1969....................
1970....................
1,257
2,552
4,171
5,091
5,932
5,423
4,721
4,247
3,749
5,356
5,646
5,531
5,620
5,746
6,355
6,711
7,4l6
8,448
248
-146
129
88
214
490
148
253
204
5,601*
5,1*99
5,660
5,708
5,960
6,81*5
6,858
7,669
8,653
2,224
2,476
2,711
2,960
3,365
3,825
4,174
4,336
5,137
1,035
363
152
600
832
1,588
2,083
-366
599
3,259
2,839
2,864
3,559
4,197
5,413
6,257
3,970
5,736
-2,513
-2,644
-2,877
-3,109
-3,364
-3,936
-4,499
-5,117
- 6,380
104,462
111,456
118,039
117,181
130,820
153,201
172,802
183,072
194,460
2,351
-145
545
1,249
3,832
5,053
6,030
1,476
2,128
106,813
111,311
118,584
118,430
134,652
158,254
178,833
184,548
196,588
1971 (E s t .) ....
1972 (E st.)___
3,368
3,151
9,9&>
10,852
-12
-230
9,91*5
10,622
6,448
6,997
567
736
7,015
7,734
-7,197
-7,771
211,143 7/
228, 2865/
1,611
946
212,755
229,232
1970-Mar............
325
332
285
378
781
729
800
732
17
19
3
-4
798
748
803
728
375r
564
464
402
231
16
100
-51
606r
580
564
352
-249
-4oi
- 2,503
l 6,272r
17,858
16,337
14,871
268
282
282
302
266
318
715
767
719
764
823
820
15
-3
1
1
4
-14
730
764
719
765
827
806
534
468
695
659
427
551
-110
101
20
35
38
-104
423
569
715
694
465
447
-234
-347
-250
-296
-324
-2,157
19,344
17,429
17,329
17,490
16,616
15,876
-17
66
114
150
112
-326
19,327
17,495
17,443
17,640
16,728
15,550
262
295
333
851
839
962
-87
-45
*
765
794
962
496
462
558
-29
32
108
468
494
667
-247
-357
-260
16,870
16,717
18,328
245
-170
318
17,115
16,546
18,646
2,610
7,260
-129
7,131
4,851
91
4,942
-4,471
155,998
491
156,490
May............
July..........
Aug............
Oct............
Feb............
Mar............
Fiscal 1971
Source:
See Table FFO-1.
Note: Net expenditures represent disbursements less proprietary receipts
from the public and certain intrabudgetary transactions applicable
to the expenditure account. Net lending represents loan disburse
ments less loan repayments. I f only one column is show for an
n
agency the amounts represent net expenditures, unless otherwise
noted. Agency shifts are shown in this table beginning with the
period of such shifts, figures prior to the shifts have not been
adjusted.
1 / Includes net lending.
2 / See footnote 5.
3 / Figures prior to fiscal 1967 represent expenditures for the Federal
Aviation Agency.
-2 T
4r
256r
200
108
480
l 6, 528r
18,057
16,445
15,351
Reported on an accrual basis.
fiscal 1963 expenditures of Federal Old-Age
% Beginning Trust Fund and Federal Disability Insurance and Survivors
Insurance
Trust Fund
are included under Health, Education, and Welfare Department and
expenditures for the Unemployment Trust Fund under Labor Department.
For content see Table FFO-4.
y, Includes $500 million for pay increases (excluding Department of
u
Defense), and $300 million for contingencies.
§/ Includes $4,019 million estimate for distribution of Federal tax
revenues to state and local governments, $1,000 million for pay
increases (excluding Department of Defense), and $950 million for
contingencies.
Less than $500,000. r Revised.
May 1971
7
FEDERAL FISCAL OPERATIONS
Table FFO-4. - Undistributed Intrabudgetary Transactions
(In millions of dollars)
Federal employer contributions to retirement funds
Health, Education
and Welfare Dept.
Civil Service
Commission
Federal Old-Age,
Disability, and
Hospital Insurance
Fiscal year
or month
Civil Service
Retirement and
Disability Fund
Interest credited to certain Government accounts
Health,, Education, and Welfare Department
Defense
Department
Other
Total
Soldier's
H e
om
Permanent
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
1962..........................
1963..........................
1964.........................
1965..........................
1966..........................
1967.........................
1968.........................
1969..........................
1970.........................
221
242
279
282
353
475
510
611
728
845
914
973
1,042
1,090
1,181
1,310
i,4o i
1,709
3
3
4
4
4
5
5
6
8
1,069
1,159
1,256
1,329
1,447
l , 66l
1,825
2,018
2,444
3
3
3
3
3
3
3
3
3
537
5H
538
582
587
721
894
1,009
1,346
70
70
68
65
59
64
83
i4o
221
7
46
61
94
138
15
21
23
12
1971 (E st.)............
1972 (E st.)............
728
721
1,750
1,732
8
9
2,486
2,461
3
3
1,585
1,672
319
359
187
351
11
24
1970-Mar..................
Apr..............
M
ay..................
June.. . . . . . . .
73
70
95
75
136
114
183
190
1
1
l
1
210r
185
278
266
1
11
28
35
569
1
2
4
104
2
2
1
66
1
*
2
1
July................
Aug..................
Sept................
Oct..................
Nov..................
Dec..................
63
63
65
50
50
50
138
149
155
172
148
157
1
l
1
l
1
1
202
213
220
222
199
207
1
11
40
11
37
4l
660
1
6
2
2
3
139
2
3
1
2
3
74
*
1
*
*
1
4
1971-Jan..................
Feb..................
65
66
67
149
147
171
l
1
1
215
214
239
1
14
39
10
1
6
1
2
1
*
l
*
1
539
1,386
6
1,931
2
863
161
88
9
Fiscal 1971
to date..................
1
1
_
_
_
_
_
_
.
_
Interest credited to certain Government accounts - (continued)
Fiscal year
or month
Interior
Department
Labor
Department
Transportation
Department
Veterans Administration Civil Service
Commission
Government National.
Civil Service
Service
Life
Retirement and
Life
Insurance
Disability
Insurance
Fund
Fund
Fund
Railroad
Retirement
Board
Other
Total
Grand
Total
316
362
420
482
546
622
706
805
987
120
114
140
155
161
170
181
191
215
2
2
2
2
2
2
2
3
5
1,444
1,485
1,621
1,780
1,917
2,275
2,674
3,099
3,936
2,513
2,644
2,877
3,109
3,364
3,936
4,499
5,117
6,380
275
293
1,164
1,275
250
268
4
4
4,711
5,310
7,197
7,771
1
2
*
214
7
4
39
808
2
4
12
153
*
*
*
4
33
64
123
2,238
243r
249
401
2,503
3
8
*
1
*
121
6
35
3
6
40
504
2
11
1
4
10
96
*
*
*
*
*
1
32
134
30
73
125
1,949
234
347
250
296
324
2,157
*
*
*
3
8
#
5
44
2
2
15
1
*
*
#
32
143
22
247
357
260
16
144
64.5
141
2
2,540
4,471
Indian
Tribal
Funds
Unemployment
Trust Fund
1962.........................
1963........................
1964........................
1965..........................
1966.........................
1967.........................
1968.........................
1969.........................
1-970.........................
7
8
7
8
10
9
7
5
15
173
191
213
255
309
380
U
39
517
601
7
14
20
11
8
14
34
53
115
36
35
34
34
33
30
32
32
31
174
175
176
182
191
198
211
225
245
1971 (Est.).....
1972 (Est.).....
15
10
686
772
180
245
32
34
1970-Mar........
Apr.... ....
June.......
*
*
*
1
4
16
23
235
4
5
6
51
July.......
Aug........
Sept.......
Oct........
Nov........
Dec........
3
3
2
*
1
*
4
25
4
16
21
265
1
2
5
4
4
69
*
*
*
30
*
*
*
*
*
16
1971-Jan..................
Feb........
*
1
*
4
28
4
1
1
1
Fiscal 1971
to date........
10
370
87
Source:
See Table FFO-2.
*
Less than $500,000.
r Revised.
Highway
Trust Fund
0
0
Table FFO-5. - Budget Outlays by Major Function
(In millions of dollars)
Fiscal year 1970
Fiscal year 1971
C.mrmayc' a
* uic
qM
l
Cumulative period
FY 1970
to date
Function
Mar.
Apr.
May
July
June
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
National defense
Proprietary receipts from the public...
Intrabudgetary transactions...........
6,714r
-118r
-*
6,883
-77
-*
6,572
-54
-2
7,037
-110
*
6,856
-62
_*
6,340
-86
-2
6,467
-93
-*
6,441
-88
-*
6,154
-189
-*
6,838
-93
-*
6,248
-93
-2
5,905
-54
-*
6,821
-147
_*
Net expenditures.....................
Net lending.........................
6,597r
-*
6,807
-1
6,516
6,927
-1
6,794
*
6,253
*
6,374
-*
6,352
*
5,965
6,745
-*
6,153
*
5,851
6,673
6,596r
6,806
6,516
6,926
6,794
6,253
6,374
6,352
5,964
6,745
6,153
5,851
270r
-23
_*
337
-31
-
241
-16
-
373
*
_*
321
-43
-
197
-8
-*
235
-27
_•
*
300
-15
-*
214
-3
-*
385
-85
243
-20
_*
•
247r
64
312
305
31
336
225
71
373
-148
278
-79
189
95
285
25
211
23
300
-140
296
225
199
285
208
14
221
311
234
Snace research and technology
Expenditures........................
Proprietary receipts from the public...
325
_*
332
-*
285
379
-1
283
-*
282
-*
304
-1
Total space research and tcehnology....
325
332
285
378
272
-4
268
282
282
302
269
-3
266
Agriculture and rural development
Expenditures........................
Proprietary receipts from the public...
Intrabudgetary transactions...........
37
-6
-
26
-4
-
39
-3
-
-675
-4
-
2,498
-3
-
847
-3
-
62
-3
-
834
_*
-
32r
44
76
23
84
107
36
108
-678
591
2,495
-65
844
-124
58
-14
144
-88
2,430
720
Natural resources
Expenditures........................
Proprietary receipts from the public...
Intrabudgetary transactions...........
252r
-77
_*
261
-76
-*
290
-79
_*
394
-175
-*
•
280
-75
_*
Net expenditures.....................
Net lending.........................
175r
*
185
*
211
*
218
*
Total natural resources...............
176r
185
211
Commerce and transportation
Expenditures........................
Proprietary receipts from the public...
Intrabudgetary transactions...........
665r
-6
*
953
-10
-*
Net expenditures.....................
658r
30
Total commerce and transportation......
International affairs and finance
Expenditures........................
Proprietary receipts from the public...
Intrabudgetary transactions...........
Net expenditures.....................
Net lending.........................
Total agriculture and rural development..
6,673
57,159
60,082
255
-2
324
-2
-*
2,474
-205
-*
2,559
-187
-*
223
-39
253
-17
322
70
2,268
-48
2,371
338
160
I84
236
393
2,220
2,710
318
262
-*
297
-2
333
-*
2,620
-10
2,759
-5
318
262
295
333
2,609
2,753
394
-6
-
354
-3
_
332
-4
_
120
-3
_
-174
-4
-
5,267
-31
-
6,506
-31
_
388
34
422
350
-260
328
305
116
-205
-179
127
5,236
-110
6,474
-451
44
834
94
927
90
632
-89
-52
5,126
6,023
488
-120
_*
397
-65
386
-72
372
-89
-*
338
-280
_*
310
-720
-
321
-87
-*
326
-97
-*
3,219
-1,605
-1
2,653
-777
-1
205
*
367
*
332
*
315
*
283
*
59
*
-410
*
234
-*
229
1
1,875
3
218
205
367
332
315
283
59
-409
234
231
1,613
3
1,618
691
-9
-2
976
-9
-2
870
-9
-23
900
-14
-2
1,231
-8
_•
*
1,097
-12
-1
882
-9
-
822
-11
-*
866
-12
-39
750
-9
-6
981
-9
-3
8,400
-92
-73
6,662
—
84
-35
944
23
680
35
964
37
838
8
885
4
1,223
14
1,236
1,084
22
873
26
812
20
815
11
736
23
969
30
8,235
158
6,542
75
1,106
898
832
826
759
1,000
8,394
6,617
112
-*
-
273
332
164
2,036
-53
-
1,481
-
FISCAL OPERATIONS,
Net expenditures.....................
Net lending.........................
60,942
-855
-5
60,081
-*
FEDERAL
Total international affairs and finance..
58,071
-906
-4
57,160
-1
1,879
688r
967
715
1,002
846
889
Community development and housing
Expenditures........................
Proprietary receipts from the public...
Intrabudgetary transactions...........
193
-*
-
292
218
-*
-
354
-
343
«*
-
182
_*
-
174
-
-
218
-*
-
-
-
237
-52
-
Net expenditures.....................
Net lending.........................
193
60
292
-11
218
-120
354
-64
343
128
182
77
174
94
218
16
112
20
273
40
332
41
I84
32
164
41
1,983
489
1,481
962
252
280
98
291
471
259
268
234
132
314
373
217
206
2,473
2,444
-
Total community development and
---------- 1
(Continued on following page)
to
32
&
S.
4
Table FFO-5. - Budget Outlays by Major Function - (Continued)
VO
^1
Fiscal year 1970
Fiscal year 1971
Cumulative
to date
Function
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Comparable
period
FY 1970
Education and mannower
522
-1
612
-2
681
-2
1,132
-1
541
_*
644
-2
644
-1
595
-1
526
_*
727
-1
662
_*
675
-1
899
-1
5,933
-7
4,782
-9
Net expenditures....................
521
11
679
15
1,131
16
541
12
663
18
643
8
594
-1
525
9
726
7
899
14
694
1,147
553
680
651
593
534
733
686
914
5,927
93
6,021
4,773
178
532
661
14
676
674
12
Total education and manpower.........
610
31
642
1,466
-5
-83
1,378
-*
1,233
1,190
1,200
1,282
-*
-98
2,140
1,286
1,315
-980
-111
-97
1,352
-1
-107
12,461
-2
-1,811
1,123
5
1,148
1,102
1,317
-1
-104
1,212
-*
1,315
-73
1,160
-*
1,254
_*
-106
Net expenditures....................
Net lending................ .......
l,607r
_*
-77
l,530r
_*
1,205
-*
1,183
1,160
1,174
*
1,217
1,243
-*
10,648
«*
-
12,812
-1
-1,333
11,478
-*
Total health.......................
l,530r
1,378
1,160
1,129
1,148
1,102
1,212
1,205
1,183
1,160
1,174
1,217
1,243
10,648
11,478
3,508r
4,617
4,047
4,468
4,128
4,187
4,304
4,982
4,896
-595
_■*
-1
-465
-*
_*
-*
_*
4,746
_*
•
-22
4,712
-*
40,517
-1
-490
29,291
-1
-480
4,616
2
4,047
3,873
-1
4,128
4,187
4,223
-*
•
-1
4,222
4,339
-19
3,488r
4,339
1
4,304
1
4,517
*
4,724
*
4,711
4,894
*
28,810
3
4,618
4,047
3,872
4,128
4,187
4,222
4,339
4,304
4,517
4,724
4,711
4,895
40,026
3
40,030
862
-36
863
-40
894
-39
884
-42
1,010
-45
-*
_*
-*
-*
Proprietary receipts from the public....
Health
Expenditures......... ..............
Proprietary receipts from the public....
Intrabudgetary transactions..........
Income security
Expenditures.......................
Proprietary receipts from the public....
Intrabudgetary transactions..........
Net expenditures....................
Net lending........................
Total income security...............
3,488r
-67
-98
_*
-*
-110
-2
4,951
28,814
Veterans benefits and services
Expenditures.......................
Proprietary receipts from the public....
Intrabudgetary transactions..........
826
-42
772
-40
840
-37
780
-45
758
-41
808
-38
760
-38
806
-40
_*
_*
_
•*
_*
_*
-*
_*
_*
Net expenditures....................
Net lending........................
784
17
732
19
803
3
735
-4
717
15
769
-3
722
1
766
1
825
4
822
-14
854
-87
842
-45
964
*
7,282
-129
6,564
-351
-3
6,210
186
Total veterans benefits and services....
801
751
806
731
732
766
722
767
829
808
768
797
964
7,154
6,397
1,810
-26
-153
1,719
-12
-13
1,738
-20
-8
15,951
-241
-1,078
14,377
-244
-672
1,631
1,695
1,709
14,632
M
d
M
50
>
CO
o
>
t*
-
13,459
7,646
-361
-2
Interest
Expenditures.......................
Proprietary receipts from the public....
Intrabudgetary transactions..........
1,706
-14r
-5
1,663
-27
-5
1,610
-28
-18
1,773
-30
-88
1,774
-31
-146
1,774
-12
-57
1,772
-19
-21
1,776
-15
-612
1,759
-12
-9
Total interest.....................
l,687r
1,631
1,563
1,655
1,597
1,705
1,731
1,149
1,739
1,828
-93
-59
1,676
321r
-31r
-14
277r
30
255
5
-8
327
-5
-6
518
-31
-167
256
-23
-6
369
-20
-2
423
-10
-15
335
17
-10
286
-13
-8
313
-31
-8
523
15
-170
296
-19
-11
387
-11
-12
3,187
-95
-243
320
48
226
-36
347
-1
398
-1
342
-8
265
-1
274
20
369
-2
265
29
364
35
2,849
34
368
190
346
396
... 294
367
2,885
2,379
-250
-260
-4,471
-3,227
17,443
-2,157
15,550
-247
17,495
-324
16,728
2.,
94.
-357
401
-347
.334,
-296
264
-234
19,326
18,650
156,499
5
HH
o
a
s
2,319
59
-2,503
w
W
2,602
-129
-153
252
21
O
146,759
General government
Expenditures.......................
Proprietaiy receipts from the public....
Intrabudgetary transactions..........
Net expenditures....................
Net lending........................
Total general government.............
307r
272
315
-3
312
Undistributed intrabudgetary transactions.
-243r
-249
-401
Net budget outlays....................
16,528r
18,057
16,445,
15,351
17,640
17,115
16,546
GO
Source:
On basis of monthly statement of receipts and expenditures of the Government.
*
Less than $500,000.
r
Revised.
VO
io
Treasury Bulletin
mmWRAT. FISCAL OPERATIONS
Table FFO-6. - Investment Transactions o f Government Accounts in Federal Securities (Net)
(In millions of dollars)
Health, Education, and Welfare Department
Fiscal year Federal*
Old-Age and
or month
Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
Federal
Supple
mentary
Medical
Insurance
Trust Fund
Housing and Urban Development Department
Other
1962......
1963......
1964......
1965......
1966......
1967......
1968......
1969......
1970......
-1,097
-822
692
458
-858
3,7a
1,584
2,898
3,953
21
-129
-137
-263
-413
296
591
1,121
1,342
786
497
87
590
693
479
-197
77
-345
*
*
#
*
*
*
#
#
1971 (Est.).
1972 (Est.).
1,127
3,092
1,020
839
1,724
3,909
249
221
_
-
1970-Mar___
Apr....
May....
June..
.
819
-60
855
672
213
86
210
301
104
26
2
175
-72
9
-44
-31
July..
.
Aug....
Sept..
.
Oct....
Nov....
Dec....
-325
828
-495
-605
-20
464
62
194
-63
31
76
230
-105
92
13
-184
-95
789
45
22
26
35
-7
1
1971-Jan--Feb___
Mar....
-719
449
1,078
-43
74
262
-56
-14
-62
82
47
-20
Fiscal 1971
to date....
656
824
378
229
Renewal
and Hous
ing Asst,
and Metro.
Develop
ment
Trans
portation
Fiscal year Department
or month
-
-
-
Highway
Trust Fund
National
Service Life In
surance
Fund
-
1
2
4
-324
-253
655
-223
1
6
2
1
-245
348
-311
-220
44
-162
_
3
-3
32
28
13
4
25
52
-128
19
-1
2
-
-
1
1
-1
2
104
126
-4
-9
-8
-1
-1
3
27
57
18
67
12
-1
-1
-1
Unemploy
ment Trust
Fund
72
453
582
967
1,468
1,156
1,146
938
488
-1,623
-266
98
-8
101
-24
_
Other
_
*
*
*
*
#
#
#
*
#
-
_
#
_
_
_
_
_
1
-570
123
-681
#
11
-1,675
_*
Railroad
Retire
ment
Board
All
Other
Total
Other independent agencies
Other
Civil
Service
Commission
1,093
1,143
1,189
1,249
1,121
1,078
873
1,975
1,960
-3
-2
-2
-2
-28
-23
-14
188
12
-2
-2
10
75
135
464
89
98
-9
-15
-10
-13
-16
109
-11
-8
-17
-4
-2
-8
39
-1
-4
-1
-3
-4
23
2
-1
-3
39
61
72
990
1971-Jan___
Feb___
Mar....
57
104
242
14
138
32
-37
-9
-136
233
113
290
80
Fiscal 1971
to date....
704
879
10
8
Source: See Table FFO-2.
* Less than $500,000.
#
12
15
5
13
*
20
*
16
2
25
-62
-12
-24
6
40
-70
122
29
14
15
14
July..
.
Aug....
Sept..
.
Oct....
Nov....
Dec....
67
100
-256
-161
-19
-9
-7
-8
-8
.
*
*
*
*
_*
.
_*
44
-90
69
126
204
-109
224
5
86
37
49
1970-Mar___
Apr....
May....
June..
.
Other
Federal
Insurance
Adminis
tration
177
-251
28
83
165
-59
388
723
-589
-747
-5
-12
*
1971 (Est.).
1972 (Est.).
Partici
pation
Sales
Fund
_
25
50
62
470
465
-369
Labor Department
210
229
202
242
-69
-344
-28
484
257
534
1,089
1,038
1,135
1962......
1963......
1964......
1965......
1966......
1967......
1968......
1969......
1970......
-32
36
138
-194
-129
45
135
165
131
24
-17
14
-8
-10
-3
11
12
Veterans
Administration
Treasury
Department
Federal
Housing
Adminis
tration
Government National
Mortgage Assn.
Federal
Deposit
Insurance
Corporation
Federal
Savings
and Loan
Insurance
Corporation
National
Credit Union
Adminis
tration
154
161
183
180
227
238
258
313
328
310
405
229
269
244
208
204
212
265
283
173
152
152
_
_
5
13
-63
1
69
149
154
173
135
59
268
13
98
-30
-5
-7
*
32
51
-21
-204
237
8
23
627
1,428
2,864
2,330
3,244
9,035
5,320
8,522
10,062
6,830
11,767
-16
3
27
-2
.
-
-44
-117
10
718
15
7
1
-1
867
-162
2,164
2,827
216
96
41
79
79
626
2
-7
50
-3
*
25
-8
-4
44
1
8
30
8
11
29
-18
-
-
-114
-42
-39
-216
-8
62
264
34
94
66
22
-12
2
46
6
3
2
*
-132
9
-31
-69
-38
-46
-3
-5
-3
5
-4
6
-386
1,615
-863
-1,056
129
2,525
-465
1,082
846
1,578'
135
123
5
-509
-157
3,427
2,379
2,102
Table FFO-7. - Trust Funds Transactions July 1, 1970 through March 31, 1971
___
4
________________________ (In millions of dollars) _________________________________
vo
Outlays
Budget Receipts
Receipts offset against outlays (deduct)
Receipts from outside
the Budget (Proprietary)
Receipts from other accounts
within the Budget (Intrabudgetary)
Classification
Federal Old-Age and Survivors
Insurance....................
Net
taxes 1/
19,485
Other
2,049 4/
Total
Gross
outlays
21,534
22,617
Intragovernmental transactions
Interest
and pro
Federal
Federal fits on
payments
employer invest
Other
Total
and con
contribu ments in
tributions
Federal
tions
2/
Securi
ties 2/
449
410
863
-
1,722
Trust
interfund
transac
tions
(Financial
inter
change)
-
Net
outlays
Interest
on nonFederal
securities
Other
Total
1
*
1
*
1
2,319
800
*
3,088
332
*
743
195
1,220
2,811
308 lj
3,118
2,559
16
62
161
-
239
3,085
336 ti
3,421
4,117
874
67
88
-
1,029
-
-
*
Federal Supplementary Medical
Insurance....................
-
938 5/
938
*
-
20,895
1,689
937
-
9
-
946
-
-
2,417
158
1,392
647
-
2,197
2
1
-
1
218
639
1,438
-
-
-
-173
-
-
-
-
-
-
-
-
-
-173
173
Federal Deposit Insurance
Corporation..................
-
-
-
-154
-
-
-
-
-
-
-
-
-
-154
154
Airport and Airway..............
391
391
9
-
-
-
-
-
-
-
-
-
9
382
Highway.......................
4,211
4,211
3,548
-
-
87
-
87
-
-
-
-
3,460
751
58
Indian Tribal Funds.............
-
-
-
61
-
10
-
68
-
-
41
41
-48
48
Military Assistance Advances.....
-
-
-
741
-
-
-
-
-
-
-
720
720
20
-20
Railroad Retirement.............
718
718 6/
1,426
20
-
141
-
161
1
1
-
1
1,263 6/
-545
2,310 6/
4,439
-
-
370
-
370
-
1
-
1
4,068 6/
-1,757
562
-
-
160
2
163
-
-
359
359
-
3
6
25
-
-
121
1,931
2,540
8
7,007
1,570 y
Unemployment...................
741
Veterans Life Insurance.........
-
-
All other trust................
-
15
15
207
16
6,653
38,095
44,066
2,528
Total.....................
l/
2/
2/
lj
31,442
-
Amounts are stated net of refunds.
Includes payment for military service credits and special benefits.
Includes interest payments from other funds and interest on univested funds.
Includes deposits by States.
3
3
1,242
41
-41
121
61
-47
1,245
35,811
2,285
J?/ Premiums on insurance.
6/ Excludes advances from and repayments to the Railroad Retirement
Account.
*
Less than $500,000.
OPERATIONS,
-
Federal Employees Life and
Health Benefits..............
FISCAL
Federal Employees Retirement.....
1,438
.FEDERAL
Federal Disability Insurance.....
Federal Hospital Insurance.......
-
Excess of
receipts
or
outlays(-]
12
Treasury Bulletin
.FEDERAL OBLIGATIONS,
"Obligations” are the basis on which the use of funds is
controlled in the Federal Government.
They are recorded at the
of categories which are based upon the nature of the trans
action without regard to its ultimate purpose.
All payments
firm commitment to
for salaries and wages, for example, are reported as personnel
acquire goods or services and are the first of the four key
compensation, whether the personal services are used in current
events— order, delivery, payment, consumption— which charac
operations or in the construction of capital items.
point
at which the
Government makes a
terize the acquisition and use of resources.
In general, they
Federal agencies and firms
often do business with one
consist of orders placed, contracts awarded, services received,
another; in doing so, thefbuyingf agency records obligations,
,
!
and similar transactions requiring the disbursement of money.
and
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 repre
sents for
business firms the
Government commitment
which
stimulates business investment, including inventory purchases
and employment of labor.
Disbursements
months after the Government
itself
usually causes
may
not occur for
places its order but the order
immediate pressure
on the
private
economy.
Obligations are classified
the "performing"
agency records
reimbursements.
ment are distinguished from those incurred outside the Govern
ment.
Tables F0-2, 3, and 4 show only those incurred outside.
Obligation
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 oa
first published
Beginning with the April 1968
the basis of the budget concepts
adopted pursuant to the recommendations
according to a uniform set
In
Table FO-1, obligations that are incurred within the Govern^
Commission on Budget Concepts.
of the President's
May 1971
13
■FEDERAL OBLIGATIONS.
Table FO-1. - Gross Obligations Incurred Within and Outside the Federal Government by
Object Class, March 31, 1971
(in millions of dollars)
Gross obligations incurred
Object class
Total
Within
Outside
Personal services and benefits
Personnel compensation............
Personnel benefits...............
Benefits for former personnel......
30,570
1,922
3,031
2,509
30,570
4,431
3,031
Contractual services and supplies
Travel and transportation of persons.
Transportation of things..........
Rent, communications, and utilities.
.
Printing and reproduction.........
Other services...................
Supplies and materials........... .
1,030
2,003
1,508
205
17,219
12,692
460
1,052
702
178
5,989
5,982
1,490
3,056
2,211
383
23,209
18,675
Acquisition of capital assets
Equipment.......................,
Lands and structures............. .
Investments and loans............ .
9,837
2,267
8,572
1,702
140
35
11,539
2,407
8,608
Grants and fixed charges
Grants, subsidies, and contributions.
Insurance claims and indemnities
Interest and dividends........... .
Refunds........................
27,637
43,422
12,440
452
961
1,389
4,939
28,598
44,811
17,379
452
Other
Undistributed U.S. obligations....
Obligations incurred abroad.......
Unvouchered.....................
-1,184
5,519
5
513
1,002
*
-671
6,521
5
Gross obligations incurred l/.......
179,149
27,556
206,705
presentation and therefore may differ somewhat from the Budget
document.)
Source: Reports on Obligations, Standard Form 225, from agencies.
1/ For Federal Budget presentation a concept of "net obligations
”
incurred” is generally used. This concept eliminates transactions
within the Government and revenue and'
reimbursements from the public
which by statute may be used by Government agencies without appro
priation action by the Congress. Summary figures on this basis
follow. (This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget
$206,705
Gross obligations incurred (as above)..........
Deduct:
Advances, reimbursements, other income, etc... .....41,559
Offsetting receipts........................ .... 11,974
*
Net obligations incurred....................
Less than $500,000.
..—
153,172
■■
■'...—
Table FO-2. - Gross Obligations Incurred Outside the Federal Government by Major Function
and Major Object Class, March 31, 1971
__________________________________________ (in millions of dollars)_________________________________________
Major object class
Commerce and transportation.........
23,403
9,048
818
5
154
5,037
60,375
264
281
51
5
2,099
558
437
3,695
1,841
51
28
-
*
-
2,293
543
2,576
10
14
4,075
4,403
-1,170
10,453
1,197
Agriculture and rural development...
Contractual
services and
supplies
373
International affairs and finance...
Personal
services
and
benefits
21,910
Major function
1,079
394
872
22
996
-2
4,558
12,378
Acquisition of capital assets
Equipment
Lands and
structures
Investments
and loans
Grants
and
fixed
charges
Other
Total
6,289
1,705
153
83
477
3,688
-18
Community development and housing...
290
86
4
276
1,246
1,843
1
3,745
Education and manpower.............
393
453
12
21
257
8,917
*
10,054
Health...........................
403
930
9
7
1
11,183
2
12,534
Income security...................
768
580
10
1
3
33,197
-
34,559
Veterans benefits and services......
1,212
379
53
68
308
6,191
50
8,262
-
-
-
-
-
12,139
-
12,139
General government................
1,880
1,345
42
75
78
681
2
4,105
Total...........................
35,523
34,658
9,837
2,267
8,572
83,951
4,340
179,149
*
Less than $500,000.
Table FO-3. - Gross Obligations Incurred Outside the Federal Government
by Department or Agency, March 31, 1971
(In millions of dollars)
Personal services & benefits
Classification
Ac
c luisition of
c i i a assets
a>t l
Contractual services and supplies'
Benefits Travel and
Rent, com Printing
Other
Personnel Personnel for
Transpor munications, and
trans
compen benefits former portation tation of and
repro ser
vices
sation
things
y
personnel of persons
utilities
duction
Sup
plies
and
mate
rials
Lands
Equip and
ment struc
tures
148
Executive Office of the President.. .
.
Funds appropriated to the President:
-
*
4
2
20
-
-
1
*
*
*
2
*
14
29
38
1
151
1
6
45
*
1,897
299
18
1
17
1
5
1
28
92
REPOR'P NOT R I IVED
S
E CE
1
-
-
#
-
-
-
-
-
-
-
-
-
2
3
386
182
*
6
5
822
4
*
-
11
-
20
-15
11
255
27
*
-
68
998
1,129
- 2,026
52 2,049
2
30
3,411
2,512
391
36
*
19
*
228
*
-1,176
-1
-
8
-
6,565
6,207
876
5
4
*
1
27
34
—
9
2
7
35
*
22
16
14
-
-
-2
1
32
-
*
1
2
-
16,022
18,453
18,255
5,271
47
54
=
52
*
1
31
-*
3,090
419
1,506
9
5,024
-
3
-
59,478
1,476
-
-
2
2
12
1
7
1
1
844
320
-
*
144
10
1
*
21
2
1
*
41
10
17
5
257
71
60
484
728
673
-
3
2
2,500
-
346
216
9
8
11
*
6
30
2
75
277
2
#
181
138
162
318
*
5
58
1
3
•1
*
2,219
4,222
3,200
356
11
2,260
2,527
2,565
1,454
*
769
3,705
4,381
32
#
1,885
-
2,507
1
687
16
1,187
2
809
11
77
1
10,388
391
8,856
50
8
3
3
5
38
3
465
5,772
5,910
5,126
549
9
17,706
3^9
Health, Education, and Welfare
945
Total
gross
obliga
tions
incurred
-
6
31
59
Defense Department:
Military:
Other
Undistrib Obliga
Insurance Interest
uted U S tions inUn
. .
claims
and
Refunds obliga
curred vouch
and Indemdividends
tions
nities
abroad ered
#
*
2
-
6
*
5
2
Agriculture Department:
Commodity Credit Corporation....
Commerce Department............
4
Grants and fixed charges
Invest Grants,
ments subsidies,
and
and con
loans tributions
4
-
5
289
5
-
8,911
24
228
226
197
2
1,258
604
44
19
8
241
11,246
30,386
-
-
2
-
-
43,444
Housing and Urban Development
Department:
Government National Mortgage
5
-
=
237
569
395
127
4,729
153
880
*
*
*
255
*
*
49
1
3
28
2
3
7
21
11
38
1
6
4
1
53
2
9
9
3
19
9
4
172
6
59
*
2
1
1
2
2
2
14
89
160
22
151
9
2
26
350
1
9
8
31
5
106
2
70
*
4
2
7
10
1
42
4
92
271
240
2
*
30
2
48
516
745
33
57
1,328
485
232
1,579
165
3,060
2
*
*
3,876
*
18
*
1
3
1
*
*
8
49
-
1
-1
#
-42
2
94
2
*
1
-
531
2,715
1,716
729
6,007
5,716
493
4,709
809
88
1
5
274
-
*
#
*
31
4
2
2
4
3
2
9
14
38
17
18
1
10
*
7
3
15
*
*
*
12,049
9
0
1
2
-
“
-
-
199
109
2
445
*
*
164
*
78
-
*
29
1
7
*
#
-
-
12,049
9
0
1,135
2,219
482
1,362
371
1,200
-
-
1
*
12
17
8
4
28
67
308
*
1,227
«
4,964
-
#
-
50
-
2,293
8,242
4
43
201
382
-
*
209
#
3
2
24
30,570
Treasury Department:
Interest on the public debt.....
Interest on refunds, etc.......
37
1,922
3,031
1,030
1
1.755
15
232
533
155
1
18
51
24
4
-
1,712
124
5
3
207
51
49
*
*
32
3
«
1
10
10
*
*
«
2
*
7
3
35
994
*
*
246
8
*
*
346
6
- 1,533
379
12
2
6
2
15
478
231
*
*
3,835
94
59
62
152
-1
#
41
-
1,863
501
957
6,217
2,003
1,508
205
17,219
12,692
9,837
2,267 8,572
27,637
43,421
12,440
452
-1,184
5,519
5
179,149
National Aeronautics and Space
Other independent agencies:
d r ormsi225, fromlagencies.
Source: Heports on Obligations, Stani a d F
Note: Agency shifts are shown in this table beginning with the period of such s
hifts* The amounts for the com
plete fiscal year are adjusted at that time.
1/ For purposes of this report this object class i considered as totally within the Federal Government except
s
-
for the De a
ee:e
p irtme of D f n s and Transportation Department, U S Coast Gu
nt
. .
ard.
Includes reports for Library of Congress, Government Printing Office, and General Accounting Office only.
Less than $500,000.
Table FO-4. - Gross Obligations Incurred Outside the Federal Government
Comparative Statement by Months
S
VI
(in millions of dollars)
Fiscal year 1970
Fiscal year 1971
period
Cumulative
FY 1970
to date
Object Class
Dec.
Jan.
l,966r
213r
279
I,8l5r
214r
281
l,871r
201r
283
l,886r
222r
285
38
144
36
5
1,077
1,106
80
86
92
5
830
1,216
56
167
72
11
2,107
1,088
99
162
128
14
1,663
1,212
583
134
1
1,544
63
1
871
116
1
962
131
*
3
7
7
*
7
6
4
•
*
2
6
5
2
3
8
8
1
1
643
3
*
710
*
4
472
1
-2
610
*
5,986
8,855
7,110
6,752
1,9420/
4
7
1,480
4
164
1,339
4
10
45
120
91
12
993
325
National defense!
Personal services and benefits:
Personnel compensation................
Personnel benefits..... ..............
Benefits for former personnel.... ......
1,836
210
247
2,041
526
250
1,883
294
251
Contractual services and supplies:
Travel and transportation of persons....
Transportation of things...............
Rent, communications, and utilities.....
Printing and reproduction............
Other services..... ...............
Supplies and materials........ ......
83
161
106
6
1,030
1,005
89
162
98
9
942
769
Acquisition of capital assets*.
Equipment...... .....................
Lands and structures..................
Investments and loans............ .
936
135
1
Total national defense.... ........ .
Hon-defense:
Personal services and benefits:
Personnel compensation......... .
Personnel benefits....................
Benefits for former personnel..........
July
Aug.
1,889
282
253
2,140r
240r
255
l,990r
216r
274
l,740r
212r
276
78
160
89
8
827
962
98
201
168
7
1,671
1,502
102
137
123
8
1,556
747
103
176
128
10
1,350
1,292
880
149
*
789
73
1
1,855
257
*
1,029
44
1
1
5
5
1
2
9
8
1
2
5
5
2
7
6
9
3
*
535
*
1
556
*
1
556
*
6,306
6,494
1,287
4
31
1,373
4
11
Sept.
Feb.
Mar.
l,983r
195r.
286
2,125
172
287
17,519
1,885
2,506
16,920
2,003
2,107
57
104
34
3
1,030
542
69
89
100
lOr
877
849
79
138
116
11
1,293
775
682
1,206
829
77
11,782
8,826
771
1,548
919
63
11,959
11,400
1,017
93
1
1,210
89
1
1,084
35
*r
750
114
*
9,048
818
5
8,185
868
29
4
6
5
1
3
6
5
2
2
5
7
2
8
5
4
1
7
5
6
2
38
53
52
11
40
45
50
10
-1
563
1
*
506
-1
-1
492
3
-1
608
*
_*
514
-1
-*
558
*
_*
5,035
3
6,865
6,336
7,427
7,253
6,086
6,109r
6,436
60,375
-1
5,158
3
62,076
1,398
4
18
1,579
4
94
1,416
4
62
1,371
4
35
1,464
4
38
1,534
4
7
1,405
4
165
1,545
4
95
13,051
37
525
11,270
35
302
37
109
77
31
619
389
36
79
67
15
446
261
40
80
88
11
481
426
45
89
72
11
674
606
39
97
73
14
481
369
36
99
77
13
772
496
42
84
76
12
660
365
31
85
77
11
596
423
43
77
73
11
709
530
348
798
680
127
5,437
3,866
282
789
604
136
5,062
3,207
Contractual services and supplies:
Travel and transportation of persons....
Transportation of things..... .........
Rent, communications, and utilities
Printing and reproduction..............
Other services..................... ..
Supplies and materials.............
37
79
74
9
538r
317
40
84
86
8
620r
382
38
126
74
17
444r
395
Acquisition of capital assets:
Equipment............................
Lands and structures..................
Investments and loans.................
30
100
677
55
116
826
71
110
513
177
225
1,637
40
130
775
41
151
941
100
159
1,009
110
200
691
131
227
1,238
100
237
1,373
160
119
862
12
109
660
95
118
1,017
789
1,450
8,567
462
1,019
8,704
3,272r
4,699
1,371
30
3,208r
5,C?4
1,33.'
67
2,877r
4,547
1,299
111
4,505
4,540
1,392
52
4,298
4,544
1,414
25
1,744
4,620
1,345
18
4,230
3,979
1,358
34
2,226
5,377
1,300
67
3,110
4,578
1,416
64
3,887
5,006
1,440
54
2,599
5,001
1,410
74
1,736
4,974
1,329
17
3,769
5,289
1,377
88
27,599
43,369
12,388
441
23,210
36,081
11,651
210
-88
54
*
2,962
61
*
44
129
10
-1,831
48
*
-953
37
3
I84
53
-3
-229
49
1
-223
56
1
-107
57
-1
-72
86
-1
-128
47
1
2,177
51
*
-1,183
484
2
OBLIGATIONS,
Other:
Undistributed U.S. Obligations;.........
Obligations incurred abroad............
Unvouchered..........................
June
May
.FEDERAL
Apr.
Grants and fixed charges:
Grants, subsidies,and contributions.....
Insurance claims and indemnities....... '
.
Interest and dividends............... .
Refunds................... ..........
Oct,
Nov.
Mar.
-3,155
466
3
Grants and fixed charges:
Grants, subsidies, and contributions....
Insurance claims and indemnities........
Refunds.............................
Other:
Undistributed U.S. Obligations.........
Unvouchered..........................
1
94
*
Total non-defense.....................
12,521r
16,266r
12,669r
15,945
12,057
10,269
13,908
12,771
13,080
15,043
13,023
11,555
17,068
118,774
100,341
Grand total..........................
I8,826r
22,760r
I8,654r
24,800
19,166
17,022
20,773
19,108
20,508
22,295
19,108
17,664r
23,505
179,149
162,417
Includes $1,013 million for Post Office Department, covering obligations for the period April 3 through May 29.
Less than $500,000. r
Revised.
This Department has 13 reporting periods.
VJI
16
Treasury Bulletin
.ACCOUNT OF THE TREASURER OF THE UNITED STATES_________________________
S o u r c e and A v a ila b ility o f the B alance in th e T r e a s u r e r’ s A ccou n t
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, they are
for their own account as well as for the account of their
restored by calling in (transferring) funds from the tax and
customers.
loan accounts with thousands of commercial banks throughout
The tax and loan account system permits the Treasury to
the country.
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 o f the Account o f the Treasurer of the United States
(In millions of dollars)
Assets
Treasuiy ‘
operating balance
End of
fiscal year
or month
Available
funds in
Federal
Reserve
banks
Tax and loan
accounts in
special
depositaries
Gold
Total
balance
operating
in
balance
Treasury
Silver
In Federal
balance, Unclassified Reserve
coinage
collections, banks in
metal,
process of
etc. 1/
coin, and
collection
currency
In other
Total
depositaries assets
Balance in
Liabilities account of
Treasurer
2/
of United
States
612
806
939
672
766
1,311
1,074
1,258
1,005
1,312
8,815
10,324
9,180
10,689
10,050
4,272
4,113
4,525
6,929
121
120
120
108
102
112
‘ll
i
112
111
9,548
11,251
10,238
11,469
10,917
5,695
5,298
5,894
8,045
147
136
145
534
775
1,159
768
553
277
70
74
58
55
93
62
86
104
121
303
342
234
233
370
577
352
393
355
441
313
360
320
252
266
190
158
218
10,509
12,116
11,036
12,610
12,407
7,759
6,694
7,104
9,016
79
-
10,430
12,116
11,036
12,610
12,407
7,759
*6,694
7,104
9,016
3,903
112
5,327
505
119
204
86
6,241
-
6,241
5,123
4,605
6,929
6,087
6,174
7,489
5,425
5,217
6,834
111
111
111
7,019
6,011
8,045
390
373
277
186
206
218
8,495
6,834
9,016
_
8,495
6,834
9,016
111
111
111
111
110
109
7,399
7,341
8,838
6,455
5,914
8,099
283
282
274
285
266
243
259
213
326
228
295
241
105
97
145
104
100
92
8,074
7,982
9,674
7,162
6,733
8,769
_
1971-Jan........................
Feb..........
Mar..........
Apr..........
976
1,064
858
1,322
8,532
6,725
3,561
7,462
109
109
109
109
9,616
7,898
4,528
8,893
284
416
451
499
84
43
121
28
49
92
90
157
93
81
54
70
88
816
201
355
Dec......................
1,784
1,295
1,005
1,200
1,056
1,238
920
587
1,156
335
268
254
565
289
218
211
298
10,605
8,854
5,513
10,343
_
_
1962...............................
1963...............................
1964...............................
1965................................
1966...............................
1967................................
1968................................
1969...............................
1970...............................
1969-Dec........................
June......................
Sept..........
Oct..........
Source:
Daily Treasury statement.
1 / Amounts shown, "beginning January 1963, are net of uncollected items, ^
exchanges, etc. Previously these items were included under lia b ilitie s.
2 / Includes reserves and other deposits of the Board of Trustees, Postal
Savings System, and uncollected items, exchanges, e tc ., through
December 1962. Effective Januaiy 1963 balances of the Postal Savings
_
_
_
-
-
-
_
8,074
7,982
9,674
7,162
6,733
8,769
10,605
8,854
5,513
10,343
System funds were transferred to deposit fund accounts and became
demand obligations of the Treasuiy. Balances of these funds, there
fore, are no longer liabilities within the general account of the
Treasurer. Uncollected items, exchanges, etc., also previously shown
as liabilities were combined with "Unclassified collections, etc.”
shown under assets.
17
May 1971
.A C C O U N T OF TH E T R E A S U R E R OF T H E U N IT E D STATES*.
Table TUS-2. - Analysis o f Changes in Tax and Loan Account Balances
(In millions of dollars)
Credits
Balance
Taxes
Proceeds from sales of securities 1/
Fiscal year
or month
1962.
1963.
1964.
1965.
1966.
1967.
1968.
1969.
1970.
Savings
bonds
and
savings
notes 2/
2,725
2,699
2,760
2,635
2,704
2,783
2,673
2,599
2,573
1970-Apr..
May..
June.
223
208
205
209
201
214
270
233
273
285
Tax
antici
pation
securities
5,898
2,963
1971-Jan..
Feb..
Mar..
Apr..
Other
Income (by
special
arrange
ment) £/
Withheld,
excise,
and cor
poration y
6,521
6,835
9,921
12,598
14,522
9,257
Total
credits
With
drawals
End of
period
High
Low
Average
56,438
57,595
58,277
60,050
74,699
91,382
112,583
142,333
151,721
53,076
56,085
59,42*1
58,540
75,338
97,160
112,741
141,921
149,317
8,815
10,324
9,180
10,689
10,050
4,272
4,113
4,525
6*929
8,889
10,32.4
10,257
10,872
11,274
9,979
8,004
9,720
7,990
1,531
2,535
1,577
1,844
447
710
1,029
709
894
4,457
5,325
4,747
5,431
4,324
3,775
4,191
4,329
4,022
12,452
12,594
12,819
5,123
4,605
6,929
5,123
6,267
7,990
1,206
3,468
1,677
3,454
4,850
4,632
944
2,088
9,232
9,892
11,657
8,250
9,295
12,258
11,944
12,076
15,143
14,000
11,442
11,865
10,868
10,440
14,561
1 4 ,8 a
11,355
10,550
12,933
10,646
12,945
7,601
7,801
7,840
7,042
5,969
7,996
3,982
3,862
2,467
2,975
2,792
2,997
1,000
1,190
499
1,508
8,901
11,198
12,768
12,267
10,172
12,622
13;541
14,062
8,474
14,429
.16,705
10,161
6,087
6,174
7,489
5,424
5,217
6,834
8,532
6,725
3,561
7,462
8,532
8,183
6,705
7,462
2,969
5,567
2,636
846
5,682
5,805
5,129
5,099
4,453
5,733
5,212
6,699
4,055
3,838
1,627
1,173
9,576
5,417
3,640
37,519
41,267
43,580
42,475
48,478
70,524
90,791
123,906
132,460
1,535
1
2,340
7,368
7,643
9,538
10,408
13,043
224
210
217
July.
Aug..
Sept.
Oct..
Nov..
Dec..
Retire
ment
plan and
tax and
loss
bonds 2/
During period
11,719
10,331
14,925
3,774
3,830
2,014
4,545
1,341
1
2,410
Source:
Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
1 / Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting sub
scriptions to the issues.
2 / United States savings notes first offered for sale as of May 1, 1967
and were discontinued after June 30, 1970.
y
Retirement plan bonds first offered for sale as of Januaiy 1, 1963;
tax and loss bonds first issued in March 1968.
y
Taxes eligible for credit consist of those deposited by taxpayers in
1/
the depositaiy banks, as follows: Withheld income taxes beginning
March 1948; taxes on employers and employees under the Federal Insur
ance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; a number of excise taxes
beginning July 1953; estimated corp6ration income taxes beginning
April 1967; all corporation income taxes due on or after March 15, 1968;
and FUTA.taxes beginning April 1970.
Under a special procedure begun in March 1951, authorization was given
during certain periods for income tax payments, or a portion of them
made by checks of $10,000 or more drawn on a special depositaiy bank,
.
to be credited to the tax and loan account in that bank. This proce
dure was discontinued in April 1967.
Less than $500,000.
is
Treasury Bulletin
_________________________ ACCOUNT OF THE TREASURER OF THE UNITED STATES_________________________
Table TUS-3. - Summary o f Cash Transactions through the Account
o f the Treasurer o f the United States
(In millions of dollars)
Net cash transactions other than borrowing
Deposits and withdrawals (budget
and other accounts)
Fiscal year
or month
Clearing
accounts
2/
Total net
transactions
Plus: Net cash borrow
ing, or repayment of
borrowing (-)
Equals: Treasurer*s
account balance, in
crease, or decrease (-)
Cash
deposits
Cash with
drawals 1/
1962...........................................
1963...........................................
1964...........................................
1965...........................................
1966...........................................
1967...........................................
1968...........................................
1969...........................................
1970...........................................
105,911
114,454
121,562
125,464
141,095
163,036
165,086
201,735
209,924
112,188
118,477
124,047
126,395
142,191
164,591
184,581
201,491
223,648
- 6,278
-4,023
-2,485
-931
-1,095
-1,555
-19,495
243
-13,723
1,259
1,039
-1,491
-584
-1,075
654
-2,095
- 1,928
1,556
- 5,018
-2,984
-3,975
-1,515
-2,171
-901
-21,590
-1,684
- 12,167
8,755
4,670
2,895
3,089
1,968
-3,747
20,525
2,094
14,079
3,736
1,686
- 1,080
1,575
-203
-4,648
- 1,065
409
1,912
1970-Apr...................................
M
ay...................................
June.................................
21,530
16,309
23,915
18,186
19,113
19,751
3,344
-2,804
4,l64
1,561
-507
777
4,905
-3,312
4,941
-4,285
1,652
-2,759
620
- 1,660
2,182
Aug...................................
Sept............................
Oct...................................
Nov...................................
Dec...................................
13,256
16,852
20,115
12,921
15,160
17,594
19,291
22,642
17,042
18>573
17,148
20,766
-6,035
-5,790
3,073
-5,652
- 1,988
-3,173
-1,043
2,381
343
272
-1,719
1,322
-7,078
-3,409
3,4l6
-5,380
-3,707
- 1,850
6,136
3,316
-1,724
2,868
3,278
3,885
-942
-92
1,692
-2,512
-429
2,035
1971-Jan...................................
Feb...................................
Mar...................................
17,890
17,930
15,036
21,803
17,961
19,982
18,880
17,744
-71
-2,053
-3,844
4,058
954
-768
364
673
883
- 2,821
-3,480
>4,731
954
1,070
139
99
1,836
-1,751
-3,341
4,830
Fiscal 1971 to date..............
168,556
190,030
-21,474
2,780
-18,695
20,021
1,327
Excess of deposits,
or withdrawals (-)
Source:
Daily Treasury statement. Figures in the first four columns m
ay
differ som
ewhat from those originally published in the daily Treasury
statement because of subsequent reclassification of certain transactions.
2/
Beginning with the February 1963 Bulletin, figures have been revised,
as show in the daily Treasury statements beginning January 2, 1963,
n
to exclude transactions of clearing accounts,
Previously included under cash withdrawals. See footnote 1.
1/
Table TUS-4. - Gold Assets and Liabilities o f the Treasury
(in millions of dollars)
End of calendar year or month
Gold assets 1 /
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer’ s account
1966............................................................................................................................
1967............................................................ ...............................................................
1969............................................................................................................................
June...................................................................................................................
July..................................................................................................................
Sept..................................................................................................................
Source:
Circulation Statement of United States M
oney through 1965; daily
Treasury statement thereafter.
1 / Treasury gold stock; does not include gold in Exchange Stabilization
Fund. See "International Financial Statistics," Table IFS-1.
2/ Comprises gold certificates held by the public and in Federal Reserve
Banks, the gold certificates fund - Federal Reserve System, and gold
deposited by and held for the International Monetary Fund. Prior to
M
arch 1968 also includes (l) reserve of $156 million against United
15,978
15,513
15,388
13,733 3/
13,159
11,982
10,367
10,367
10,732
15,852
15,393
15,231
13,626
13,041
11,870
10,256
10,256
10,663
126
120
157
107
118
112
111
112
109
11,367
11,367
11,367
11,256
11,256
11,256
111
111
111
11,367
11,367
11,117
11,117
11,117
10,732
11,256
11,256
11,006
11,006
11,007
10,623
111
111
111
111
110
109
10,732
10,732
10,732
10,732
1963............................................................................................................................
10,623
10,623
10,623
10,623
109
109
109
109
States notes and through June 30, 1961, Treasury notes of 1890 and
(2) the redemption fund - Federal Reserve notes (Pursuant to P. L.
90-269 approved M
arch 18, 1968, this fund was combined with gold
certificate fund - Federal Reserve System).
3/ The United States payment of the $259 million increase in its gold
subscription to the International Monetary Fund, authorized by
P.L. 89- 31, approved June 2, 1965 (79 Stat. 119; was m
ade on June 30,
1965.
May 1971
19
___ MONETARY STATISTICS___
Table MS-1. - Money in Circulation
(In millions of dollars except per capita figures)
Currencies presently
h v n r - s n t l 1/
f i c isfr
Currencies no longer issued
End of
fiscal year
or month
Federal
Reserve
bank
notes
National
bank
notes
Gold
certifi
cates 2/
Silver
certifi
cates
Federal
Reserve
notes 2/
Treasuiy
notes of
1890
United
States
notes
Federal
Reserve
notes y
Total
currencies
1962........................
1963........................
1964........................
1965........................
1966........................
1967........................
1965........................
1969........................
1970........................
85
78
73
68
64
61
59
57
55
53
37
36
22
21
21
21
20
20
29
20
19
13
4
4
4
4
4
2,009
1,847
1,723
829
582
395
225
223
220
36
18
ia
4
1
1
1
1
1
*
*
*
*
*
*
*
*
*
318
319
321
302
303
300
299
294
297
28,586
30,274
32,338
34,820
37,315
39,239
41,722
44,547
47,626
31,117
32,592
34,529
36,058
38,290
40,071
42,331
45,146
48,223
1969-Dec.....................
56
20
4
221
1
*
292
47,334
47,929
1970-Mar.....................
Apr.................. .
May.....................
June....................
56
56
55
55
20
20
20
20
4
4
4
4
221
220
220
220
1
1
1
1
*
*
*
*
293
294
295
297
46,079
46,386
46,985
47,626
46,673
46,981
47,581
48,223
July....................
Aug.....................
Sept................... .
Oct..................
Nov...................
Dec.....................
55
55
55
55
55
55
20
20
20
20
20
20
4
4
4
4
4
4
220
220
219
219
219
219
1
1
1
1
1
1
*
*
*
*
*
*
298
299
300
303
306
309
47,730
47,900
48,003
48,207
49,526
50,204
48,327
48,498
48,602
48,808
50,130
50,812
1971-Jan.....................
Feb....................
Mar..................
55
54
54
20
20
20
4
4
4
219
21a
21a
1
1
1
*
*
*
311
312
315
48,482
48,734
49,389
49,091
49,345
50,001
End of
fiscal year
or month
Coin
Standard
silver
dollars
Total
coin
Fractional
coin
1962........................
1963........................
1964........................
1965........................
1966........................
1967........................
1968........................
1969........................
1970........................
360
411
482
482
482
482
482
482
482
2,293
2,466
2,723
3,180
3,782
4,160
4,827
5,308
5,646
2,652
2,878
3,205
3,662
4,264
4,641
5,309
5,790
6,128
1969-Dec.....................
482
5,539
1970-Mar.....................
Apr.....................
June....................
482
482
482
482
July....................
Aug................... ,
.
Sept................. .
Oct.................
Nov.....................
Dec.....................
1971-Jan.....................
Feb.....................
Mar.....................
Total
money in
circula
tion
Money in
circulation
per capita
(in dollars) 6/
6,021
33,770
35,470
37,734
39,720
42,554
44,712
47,640
50,936
54,351
53,950
264.01
5,546
5,572
5,603
5,646
6,028
6,053
6,084
6,128
52,701
53,034
53,665
54,351
258.OOr
258.68
261.52
264.62
482
482
482
482
482
482
5,664
5,689
5,711
5,731
5,769
5,800
6,145
6,170
6,193
6,213
6,251
6,281
54,473
54,669
54,795
55,021
56,381
57,093 7/
264.95
265.62
265.96
266.80
273.12
277.13
482
482
482
5,773
5,785
5,821
6,254
6,266
6,303
55,345
55,611
56,304
268.43
269.51
272.62
Source:
Circulation Statement of United States Money through December 1965;
thereafter, Statement of United States Currency and Coin.
1/ Excludes gold certificates, Series of 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
2/ Issued prior to January 30, 1934.
2/
Issued prior to July 1, 1929.
lj
j
5/
6/
2/
*
180.98
187.30
196.41
204.14
216.10
224.55
236.82
250.65
264.62
Issued on and after July 1, 1929.
Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve banks and agents.
Based on the Bureau of the Census estimated population.
Highest amount to date.
Less than $500,000.
r Revised.
20
T r e a s u r y Bulletin
__________ FEDERAL D E B T _ _ _ _ _ _ _
Table FD-1. - Summary of Federal Debt
(In millions of dollars)
Securities held by:
Total outstanding
End of
fisca l year
or month
Government accounts
Total
Public
debt
securi
ties
Agency
securi
ties
1962...........................
1963...........................
1964...........................
1965...........................
19 6 6 .......................
1967...........................
1968...........................
1969...... .....................
1970...........................
1969-Dec....................
306,128
298,201
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
305,860
311,713
317,274
319,907
347,578
353,720
370,919
7,927
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
382,046
368,226
13,820
1970-Mar....................
Apr....................
May....................
June..................
384,995r
380,142
383,757
383,428
July.-................
Aug....................
Sept..................
Oct....................
Nov....................
Dec....................
1971-Jan....................
Feb....................
Mar....................
389,039
393,370
391,160
392,665
396,100
49,650
401,845
403,167
404,688
372,007
367,194
371,088
370,919
376,568
380,901
378,678
12,988r
12,948
12,670
12,510
12,472
12,469
326,221
12,482
380,200
12,465
383,640
389,158
12,460
388,341
390,664
391,668
12,491
13,504
12 ,503
13,021
Total
54,918
56,345
Public
debt
securi
ties
Agency
securi
ties
61,540
64,784
73,819
79,140
87,661
97,723
91,927
54,255
55,638
58,598
61,071.
64,316
71,809
76,138
84,815
95,170
89,042
92,894
92,732
94,896
97,723
97,337
98,952
98,089
97,032
97,161
99,687
99,222
100,304
101,150
90,368
90,193
92,331
95,170
94,767
96,368
95,487
94,418
94,564
97,093
96,660
97,996
98,800
59,210
Source:
Daily Treasury statement and 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 in
recognition of U.S. Government subscription commitments. Since June
663
707
611
469
468
2,010
3,001
2,846
2,553
2,884
2,526
2,539
2,565
2,553
2,570
2,584
2,602
2,614
2,597
2,594
2,562
2,309
2,351
IM & Inters
F
national
lending or
ganizations
1/
2,837
3,176
3,581
3,455
3,810
3,328
2,209
825
825
825
rY a pu.Dj.ic £ /
pi
ine vmiVH a O/
Total
Public
debt
securi
ties
248,373
254,461
247,553
261,614
264,690
267,529
290,629
279,483
241,109
247,046
249,533
252,748
251,782
251,084
269,231
284,880
274,924
278,358
289,294
825
825
825
825
291, 276r
825
825
825
825
825
825
825
825
825
290,877
293,593
292,246
294,808
298,113
286,584
288,036
284,880
301,138
301,798
302,038
302,713
Agency
securi
ties
7,264
7,416
8,020
8,866
12,909
16,445
21,398
11,403
9,956
10,936
268,080
10 , 462r
10,408
280,814
276,176
277,932
274,924
280,976
283,708
282,367
284,957
288,250
291,240
290,856
291,844
292,043
10,104
9,956
9,902
8,885
9,880
9,851
9,863
9,897
10,942
10,194
10,670
1965 letters of credit have been issued in lieu of the special notes.
A ll•
outstanding notes have been converted to letters of credit with
the exception of those 'for IM
F.
2 / Includes holdings of Federal Reserve banks,
r Revised.
Table FD-2. - Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts in millions)
End of
fisca l year
or month
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1969-Dec....................
1970-Apr....................
May....................
June................
July..................
Aug....................
Sept..................
Oct....................
Nov................
Dec....................
1971-Jan,..................
Feb....................
Mar....................
Apr....................
Total
interestbearing
public
debt
294,442
301,954
307,357
313,113
315,431
Computed
annual
interest
charge
Total
interestbearing
public
debt
9,519
10,119
10,900
11,467
12,516
12,953
15,404
17,087
20,339
19,539
3.239
3.360
3.560
3.678
3.988
4.039
4.499
4.891
5.557
365,099
369,144
369,026
374,622
378,905
376,820
378,324
381,667
387,252
19,666
20,257
20,339
20,708
21,123
20,932
21,065
21,210
21,210
5.534
5.536
5.557
5.576
5.622
5.601
5.616
5.603
5.520
386,^87
20,937
- 20,698
20,272
19,959
5.459
5.366
5.236
5.149
322,286
344,401
351,729
369,026
366,221
388,648
389,777
390,029
Footnotes at end of Table FD-5.
5.384
Computed annual interest rate
Marketable issues .
Total
3.285
3.425
3.659
3.800
4.134
4.165
4.757
5.232
5.986
5.849
5.897
6.032
5.986
5.964
6.015
5.986
5.963
5.936
5.803
5.713
5.575
5.383
5.249
Bills
1/
2.926
3.081
3.729
4.064
4.845
4.360
5.711
6.508
7.340
7.676
7.451
7.416
7.340
7.184
7.052
6.978
Certifi
cates
Notes
3.377
3.283
-
3.680
3.921
3.854
3.842
4.321
4.764
5.294
5.668
-
6.420
_
-
4.851
5.250
_
-
5.916
6.065
-
-
6.866
-
6.557
6.150
5.890
5.482
4.927
4.535
-
_
-
_
6.421
6.420
6.420
6.531
6.531
6.537
6.704
6.704
6.704
6.607
6.606
6.607
Treasury
bonds
3.122
3.344
3.471
3.642
3.655
3.686
3.681
3.722
3.762
3.738
3.761
3.761
3.762
3.762
3.740
3.735
3.741
3.741
3.742
3.742
3.751
3.757
3.759
Nonmarketable
issues 2/
Special
issues
2.891
3.003
3.238
3.372
3.693
3.854
4.133
4.555
5.235
3.364
3.412
3.462
3.493
3.713
3.745
3.876
3.979
4.327
4.237
4.818
4.275
4.278
4.327
4.905
4.972
5.235
4.346
4.362
4.357
4.532
4.543
4.537
5.359
5.408
5.403
5.387
5.404
5.407
5.397
5.393
5.373
5.377
4.519
4.501
4.486
4.493
M ay 19 71
21
- FEDERAL DEBT____________
Table FD-3. - Interest-Bearing Public Debt
(In millions o f dollars)
Public issues
End of
Fiscal year
or month
Total
interestbearing
public
debt
Total
public
issues
Bills
Certif
icates
Notes
Treasury
bonds
196,072
203,508
206,489
208,695
209,127
210,672
226,592
226,107
292,702 232,599
295,213 235,863
42,036
47,230
50,740
53,665
54,929
58,535
64,440
68,356
76,154
13,547
22,169
65,464
52,145
67,284
52,549
50,649
49,108
71,073
78,946
93,489
85,4l4
79,657
63,056
63,006
87,918
89,303
88,977
87,504
294,442
301,954
307,357
313,113
315,431
322,286
344,401
351,729
Apr....................
May....................
June..................
365,099
369,144
July..................
Aug....................
Sept..................
Oct....................
Nov....................
Dec....................
374,622
378,905
378,324
381,667
387,252
293,339 233,998
295,831 236,561
292,702 232,599
298,527 237,821
301,400 240,511
300,139 239,330
302,876 242,180
306,024 244,447
309,146 247,713
1971-Jan....................
Feb....................
Mar....................
Apr....................
386,487
388,648
389,777
390,029
308,774
309,750
309,728
310,377
366,221
369,026
376,820
Treasury
bonds
Depos
U.S.
itary
Total savings invest
ment
bonds
bonds
series
75,025
81,964
88,464
102,481
101,897
97,418
91,079
78,805
Total
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1969-Dec....................
369,026
Nonmarketable
Marketable
249,503
257,153
260,729
264,463
264,311
266,131
284,874
284,940
247,667
248,092
247,457
245,888
80,571
-
1,652
5,610
-
_
91,285
80,056
-
76,154
-
93,499
93,489
81,437
81,854
-
80,691
83,697
84,625
87,923
-
93,487
99,925
99,940
99,825
47,607
48,314
49,299
50,043
50,537
51,213
51,712
51,711
59,341
59,270
62,956 60,103
51,285
51,307
2,408
2,388
26
26
51,281
2,387
25
2,534
3,389
60,707
51,300
58,733 60,888
58,699 60,809
51,375
51,414
51,537
51,693
51,842
2,386
2,386
3,9H
4,076
3,971
3,755
4,637
4,331
2,369
2,368
2,351
2,350
25
25
25
23
3,926
4,331
4,571
5,056
60,696
-
101,211
101,227
61,577
58,563 61,434
_
101,228
61,106
-
104,283
10^,305
104,271
58,522
54,507
54,175
54,112
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 beginning October 1962; and Treasury notes
beginning November 1966 issues and payable in designated foreign
Special
issues
.1,366 1,719
2,378
2,370
24
23
23
23
24
24
62,897
58,658
58,612
-
Foreign
currency Other
series
U
securi
ties 2/
53,431
53,645
54,240
55,768
55,183
55,459
58,282
58,833
62,956 60,103
69,878 59,350
j/
4,727
3,921
3,546
3,256
2,692
2,589
2,516
2,459
2,387
2,426
51,281
51,549
2,383
2,380
51,928
61,657 - 52,104
62,271
52,324
64,490
52,541
138
103
103
59
44
45
30
Foreign
series
securi
t i e s 1/
28
25
26
860
648
392
1,132
817
624
2,001
1,703
3,389
1,765
2,620
75
25
29
68
l4 l
137
97
630
832
1,137
957
890
44,939
44,801
46,627
48,650
51,120
1,656
56,155
59,526
66,790
76,323
1,996 1,587
71,008
1,366
1,366
1,366
71,760
73,313
76,323
76,094
77,506
1,740
2,367
1,366
1,366
1,366
1,366
1,366
1,366
282
564
1,638
1,649
1,656
1,662
1,651
76,681
1,635
1,478
75,448
75,643
1,500
78,106
1,492
1,366 1,4-63
1,616 1,383
1,616 2,904
77,713
78,898
80,049
79,652
1,366
currencies. ,
Includes Treasury bonds, Rural Electrification Administration series
beginning July 1960; retirement plan bonds beginning January 1963;
Treasury certificates beginning June 1963; Treasury certificates
eurodollar series beginning April 1971. Treasury bonds beginning
January 1964; and U.S. savings notes beginning M 1967 and disconay
tinued after June 30, 1970.
Table FD-4. - Maturity Distribution and Average Length of Marketable Interest-Bearing. Public Debt 1/
(in millions o f dollars)
End of
fis ca l year
or month
Maturity classes
Amount
outstanding
Within
1 year
1 -5
years
5 -1 0
years
57,041
226,592
226,107
232,599
235,863
88,442
85,294
81,424
87,637
89,136
89,648
106,407
103,910
105,530
118,124
26,049
37,385
34,929
39,169
33,596
24,378
30,754
34,837
Apr.........................
M
ay.........................
June........................
233,998
236,561
232,599
117,148
109,432
105,530
75,855
89,631
89,615
15,882
July.......................
Aug.........................
Sept.......................
Oct.........................
Nov........... ..............
Dec.........................
110,813
10,514
109,830
108,671
111,636
89,614
91,075
15,876
240,511
239,330
242,180
244,447
247,713
18,122
1971-Jan.........................
Feb.........................
Mar.........................
Apr.........................
247,667
248,092
247,457
245,888
1962................................
1963................................
1964.................................
1965................................
1966.................................
1967.................................
1968................................
1969................................
1970................................
1969-Dec.........................
196,072
203,508
206,489
208,695
209,127
210,672
237,821
58,026
65,453
56,198
60,933
71,424
64,470
62,770
10 -2 0
years
9,319
15,221
8,360
14,444
16,328
89,615
15,882
8,355
8,449
8,439
8,425
8,407
8,374
10,524
73,302
20,026
8,358
17,241
17,023
16,797
16,553
16,217
11,048
16,054
19,329
15,879
10,542
10,534
10,524
11,048
91,066
l8,l4o
10,507
10,501
90,992
18,138
120,125
123,423
82,302
82,318
22,555
22,553
10,493
123,418
115,534
114,940
82,316
86,011
22,553
27,197
27,199
27,199
113,466
20 years
and over
86,025
85,990
Source:
Office of Debt Analysis in the Office o f the Secretary.
1/ All issues are classified to final maturity except partially tax-exempt
8,566
11,124
11,085
11,004
10,978
10,951
10,922
10,900
8,556
10,863
8,542
8,529
8,513
8,491
10,839
10,821
10,780
10,742
Average length
4 yrs.
5 yrs.
5 yrs.
5 yrs.
4 yrs.
4 yrs.
4 yrs.
4 yrs.
3 yrs.
3 yrs.
11 mos.
1 mo.
0 mo.
3 yrs.
3 yrs.
3 yrs.
6 mos.
8 mos.
8 mos.
3
3
3
3
3
3
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
4 mos.
mos.
mos.
mos.
mo.
mos.
8 mos.
11
7
2
0
8
mos.
mos.
mos.
mos.
mos.
4 mos.
6
7
6
5
6
4 mos.
7 mos.
6 mos.
6 mos.
bonds which have been classified to earliest ca ll date. The last o f these
bonds were called on August 14, 1962, for redemption on December 15, 1962.
22
T r e a s u r y Bulletin
FEDERAL DEBT
Table FD-5. - Special Public Debt Issues
(In millions of dollars)
End o f
fis ca l year
or month
196 2
196 3
Federal
employees
Total retire
ment
funds
1*1*,939
¥*,801
1961*.........
196 5
1*6,627
48,650
196 6
51,120
196 7
56,155
59,526
66,790
76.323
196 8
196 9
197 0
1969-Dec..
11,382
12,1*38
13,530
ll*,577
15,189
15,569
15,668
17,351*
lS,93l
Federal
Deposit
Insurance
Corpora
tion
Federal
Disability
Insurance
Trust
Fund
500
260
270
312
2,30l*
•2,165
1,903
1,563
1,150
1,376
57
85
171
*
120
71
*
138
71,008
17,868
1970-Apr.,
May..
June.
71,760
18,007
17,999
18,931
326
July.
Aug..
Sept.
Oct..
Nov..
Dec..
1971-Jan..
Feb..
76,09U
77,506
7
**
78,106
19,238
19,309
19,350
19,398
19,**71
20,027
77,713
78,898
80,049
79,652
20,257
20,355
20,423
20,442
Mar..
Apr..
73,313
76.323
76,681
75,1*1*8
75,61*3
77
7*
1
100
91
72
175
176
2l*2
264
53
117
1,891
3,01*2
M 35
3,1*28
Federal
Federal Hospital
hom
e
Insurance
loan
Trust
banks Fund
82
100
3,921*
l* ,^
1*,1*35
98
199
1*,1*97
1*,691
203
75
1*,628
11*0
86
i*,66o
l*,736
^,966
l*,923
4,997
5,259
5,415
110
199
175
333
54
683
66
Federal
Savings
and Loan
Insurance
Corpora
tion
15,071*
ll *,221
H*,799
7*
1
372
921*
52
152
52
199
331
Federal
Old-Age
and
Survivors
Insurance
Trust Fund
15,261
786
1,192
1,259
1,890
2.583
2, 1*0
8
2,1*07
2 , 1*0
8
2.583
2,1*79
2,570
2.583
2,399
2,30l*
3,093
3,037
3,023
2,961
2,853
Source: Daily Treasury statement.
1/ Consists of: Postal Savings System through 1962; Federal Housing
Administration Funds; Employees Life Insurance Fund; Exchange Sta
bilization Fund; Veterans1 Special Life Insurance Fund; Veterans'
Reopened Insurance Fund beginning M 1965; Federal Supplementary
ay
ll*,l*03
17,81*0
19,221
21,986
25.939
23,718
2l*,l*12
25,268
25.939
25,611*
26,1 1*2
*
25,91*8
25,31*3
25,323
25,787
25,069
25,552
26,630
27,092
Government
Life
Insurance
Fund
High
way
Trust
Fund
182
1,028
1*36
98
332
287
223
3
36
73
1,003
956
933
938
8ll*
678
876
978
1,513
80
81*2
797
2,602
60
806
1,953
609
265
238
722
782
2,31*6
102
80
776
797
2,588
2,602
88
118
791
781*
780
771*
2,739
2,771
2,734
2,725
2,590
2,823
2,936
3,226
3,305
3,388
85
127
58
37
9
ll*
35
40
81
768
776
775
770
763
758
National
Service
Life
Insurance
Fund
Rail
road
Retire
ment
Accounts
5,801*
5,711*
5,783
5,909
6,113
5,71*1*
5,856
5,751*
5.915
5,769
2,969
3,123
3,277
3,339
3,303
3,1*31*
3.751
3,235
5,71*1
5,727
5.915
5,906
5,892
5,881
5,868
5,853
5,961
5,950
6,012
5,995
5,981
3,316
Unemploy
ment
Trust
Fund
l*,657
1*,803
^,931
5,799
7,075
7,785
Other
n
182
10,520
263
16 *
*1
519
71*9
1,635
1,301*
772
1*97
10,675
620
3,021*
3,033
3.751
10,102
10,656
10,520
1 91*
*
1*
1*8
3,637
3,595
3,557
3,31*1
3,331*
3,396
3,261*
3,343
3,313
3,196
10,285
10,633
5U
3
521*
539
2,786
8,807
9,957
10,322
10,102
10 , 11*6
1*97
622
706
9,981*
932
9,1*11*
9,607
8,925
8,545
1,500
1,660
1,697
1,720
Medical Insurance Trust Fund beginning July 1966; Qnployees Health
Benefits Fund beginning October 1970; Export-Import bank of the United
States from February 1967 - October 1968; and Servicemen's Group Life
Insurance Fund from August 1969 - April 1970.
Footnotes to Table FD-2
Source:
O the basis o f the daily Treasury statement.
n
Note: The computed annual interest charge represents the amount o f
interest that would be paid i f each interest-bearing issue outstand
ing at the end o f each month or year should remain outstanding for a
year at the applicable annual rate o f interest. The charge is com
puted for each issue by applying the appropriate annual interest rate
to the amount outstanding on that date (the amount actually borrowed
in the case o f securities sold at a premium or discount, beginning
with M i 960). The aggregate charge for a ll interest-bearing issues
ay
constitutes the total computed annual interest charge. The average
annual interest rate is computed by dividing the computed annual
interest charge for the total, or for any group of issues, by the
corresponding principal amount. Beginning with data for December 31 ,
1958, the computation is based on the rate o f effective yield for
issues sold at premium or discount. Prior to that date i t was based
on the coupon rate for a ll issues.
1/ Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
2/ O United States savings bonds the rate to maturity is applied against
n
the amount outstanding.
M ay 19 71
23
FEDERAL DEBT
Table FD -6. - Interest-Bearing Securities Issued by Government Agencies 1/
(In millions of dollars)
Agriculture Defense
Department Department
End of
fisca l year
or month
1962..............................
1963....................... .
1964...............................
1965..............................
1966...............................
1967...............................
1968...............................
1969...............................
1970...............................
Total
7,927
8,123
8,631
9,335
13,377
18,455
24,399
14,249
Family
Commodity
housing
Credit
mortgages and
Corporation Homeowners
assistance
2/
mortgages
_
-
2 , 1.30
2,268
2,238
Housing and Urban Development Department
Government National
Mortgage Association
Federal
Housing
Admini
stration
Participation
Sales Fund
#
2,558
1,961
-
1,699
1,797
3,269
4-, 079
5,887
_
-
1,385
2,164
2,571
2,472
1,893
-
-
1969-Dec.......................
13,820
342
1,817
572
8,060
1970-Mar.......................
12 , 988r
12,948
196
1,798r
1,791
1,784
1,775
525
523
519
517
7,410
7,390
7,390
7,320
1,768
1,762
514
7,285
7,285
7,285
7,285
7,255
7,230
7,230
6,430
6,430
Aug.......................
12,471
12,469
12,481
12,465
12,460
Dec................
1971-Jan.......................
Feb.............
Mar.......................
12,491
13,504
12,503
13,021
-
300
2,110
-
4,830
7,900
-
7,320
_
_
-
8,600
512
512
1,746
1,742
1,735
1,729
1,720
1,713
1,706
482
478
476
476
475
483
-
_
_
-
_
Federal
H e Loan
om
Bank Board
Tennessee
Valley
Authority
Other
1,022
467
469
525
709
1,230
1,903
2,173
2,369
2,529
2,893
3,363
3,779
-
-
-
-
_
_
_
_
_
_
_
_
_
-
881
1,072
_
_
_
_
1,886
1,882
1,882
1,882
_
_
_
2,882
2,632
-
-
3,127
_
Federal
Banks for
e
cooperatives Federal hom intermediate
loan banks
credit banks
u
*
*
*
*
*
#
6
6
6
14.5
145
180
225
285
417
525
728
996
*
*
#
*
*
3
3
3
3
1969-Dec.......................
6
826
3
1970-Mar.......................
6
6
6
6
6
6
6
6
6
6
905
906
905
996
1,006
1,015
1,045
1,065
1,100
1,166
6
6
6
1,188
1,245
1,266
1971-Jan.......................
Feb.......................
Mar.......................
520
827
Federal
Intermedi
ate credit
banks i j
1,884
_
_
-
-
(M
emorandum)
1962...............................
1963...............................
1964...............................
1965...............................
1966..............................
1967..............................
1968..............................
1969...............................
1970..............................
Aug.......................
Sept......................
Oct.......................
Nov.............. .
300
_
_
-
Other independent
agencies - (Continued)
End of
fisca l year
or month
U
2,145
2,143
1,893
1,893
1,890
1,951
1,863
1,775
186
171
-
Banks for
cooperatives
2,193
12,510
-
12,670
12,510
Export-Import
Bank of the
United
States
-
-
2,183
Other
Farm Credit A
cIministration
-
2,112
2,036
-
Secondary
market
operations
Other Independent agencies
_
-
586
793
570
441
492
548
577
517
-
Federal
National
Mortgage
Assn. 1 /
u
_
1,529
1,797
2,770
4,201
4,757
S,310
4,588
4,702
5,524
9,914
1,492
3
3
3
3
3
3
3
3
3
3
3
3
3
_
Federal
land
banks
Federal
National
Mortgage
Association
i/5 /
District of
Columbia
Stadium Fund
4,240
4,942
2,551
2,725
2,974
3,532
4,106
4,612
5,319
5,720
6,192
8,076
13,165
20
20
20
20
.20
20
20
20
20
8,423
4,180
5,953
10,511
20
1,595
1,615
1,559
1,529
1,538
1,557
1,556
1,620
1,720
1,776
9,846
10,013
9,952
9,914
10,103
10,200
10,166
10,177
10,202
10,532
4,486
4,655
4,805
4,942
6,040
5,044
4,984
4,903
4,882
4,835
4,863
6,291
6,378
6,362
6,4^9
6,406
6,405
12,227
12,411
12,606
13,165
13,402
13,977
14,397
14,703
15,069
15,206
20
20
20
20
20
20
20
20
20
20
1,806
l,840r
1,839
10,241
9,653
9,188
4,909
5,023
5,144
6,405
6,536
6,500
15,312
15,112
15,123
20
20
20
-
-
1,411
Source: Bureau of Accounts.
1/ Includes unredeemed matured securities outstanding on which interest
has ceased.
2/ Certificates of interest in the amount of $1,590 million were reclassi
fied July 1, 1969 from budget transactions to agency securities.
2/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
_
_
_
_
_
6,137
6,126
6,192
_
_
_
_
_
Housing and Urban Development Act of 1968 (P.L. 90-44.8).
Effective December 31, 1968, Banks for cooperatives and Federal inter
mediate credit banks were converted to private ownership pursuant to
provisions of Public Law 90-582, October 17,1968.
$J Includes mortgage backed bonds beginning June 1970.
* Less than #500,000.
r Revised.
ij
24
T r e a s u r y Bulletin
FEDERAL DEBT
Table FD-7. - Participation Certificates
(In millions o f dollars - face amounts)
Agriculture
Department
Fiscal year
or month
Export-Import Bank
o f the United States
Commodity Credit
Corporation
Sales
Retire Out
ments
standing
_
.
_
-
2,181
2,181
_
-
29
-
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967.................. ......
1968...........................
1969...........................
1970........... ...............
Participation certificates issued by G M acting as trustee
NA
1970-Mar....................
M
ay....................
July..................
Aug..................
Sept................ .
Oct....................
Dec....................
1971-Jan....................
Feb....................
Mar....................
Fiscal 1971
_
-
Sales
Retire Out
ments standing
300
250
_
30
300
520
373
1+
50
66
827
255
398
761
1,1*113/
570
.
-
6503/
535
369
321
1
*
2
250
171
-
171
-
_
-
-
-
-
10
16
Sales
196
186
1,022
1,385
2, 11*6
2,183
l , 8ll*
1,1*93
Retire
ments
_
-
_
30
300
1,81*0
3,250
1,330
-
1,7**5
1,7U3
1,1*93
1,1*93
1,1*90
1 , 1*86
1,1*81*
1 , 1*82
1 , 1*82
1 , 1*82
4
1,232
1,228
265
1,228
2
*
-
250
1 , 1*82
_
_
-
300
2,110
M 30
7,900
7,1*10
7,390
7,390
7,320
600
Retire Out
standing
ments
_
_
_
181*
_
_
-
_
_
_
_
600
1,166
100
100
15
765
-
765
765
765
765
1,125
Fiscal year
or month
Office o f Secretary h ]
Sales
1962...........................
-
Retire Out
standing
ments
_
1963...........................
1961*...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1970-Mar....................
May....................
June..................
July..................
Aug....................
Oct....................
Dec....................
1971-Jan....................
Feb....................
Mar....................
Fiscal 1971
Government National
Mortgage Association 5/
680
1 , 11*0
6i*o
~
_
_
-
Sales
_
-
27
321*
_
-
-
_
-
-
-
-
_
_
-
200
20
765
765
765
765
765
765
.
_
_
.
-
7,230
6,1*30
6,430
765
695
695
-
2
-
209
207
207
890
6,430
-
70
695
-
2
207
35
30
25
_
800
7,320
7,285
7,285
7,285
7,285
7,255
7,230
_
71*0
1*65
2,1*33
2,109
11*0
50
50.
131*
~
190
1,475
1,891
1,897
1,707
1*30
50
■
2,109
2,109
2,109
_
-
9
-
2,109
2,109
2,109
2,109
2,109
2,109
2,109
-
.
“
1,716
1,707
1,707
1,707
16
1,691
-
1,691-
-
-
-
11
1,691
1,691
1,678
1,667
1,667
13
-
260
782
“
_
-
70
_
-
852
782
'
590
10
60
60
79
136
_
_
-
11
_
20
_
-
_
-
_
-
-
17
ll*
_
-
-
1,61*0
1,640
-
18
-
27
-
-
-
761*
764
652
1,457
-
67
1,640
-
18
764
H
i
100
885
260
782
782
782
782
782
782
-
_
-
782
-
-
852
852
_
Source: Bureau o f Accounts.
1/ Includes Direct Loan and Rural Housing Loan programs.
2/ Includes Construction o f Higher Education Facilities, 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.
i Includes programs for Disaster Loans, and Business Loans and
_
1,007
-
652
_
_
800
1,160
225
_
350
-
203
520
Retire Out
ments
standing
_
-
_
70
70
2,109
1,1*57
1,457
-
Sales
-
-
_
_
_
_
Retire
Sales ments
296
-
100
1*2
975
1,175
1*36
167
-
1,704
1,885
1,749
1,760
1,749
1,749
1,749
1,729
1,729
1,729
1,729
1,712
_
68
1*57
_
99
667
209
209
209
209
209
209
209
Out
standing
902
83U
377
1*19
855
1,021
923
1,590
*
*
-
.
_
-
_
-
_
-
_
_
_
_
_
_
_
-
-
_
1,698
.
.
-
_
1,698
31
1,667
1,667
1.667
_
_
_
82
209
209
209
(Memorandum)
Commodity Credit Corp.
(net certificates of
interest authorized under
Charter Act) 8/
Veterans
Administration 7/
Retire Out
ments standing
350
680
1,820
785
100
200
•212
209
_
_
70
-
70 .
-
200
605
_
_
_
_
_
-
20
_
.
_
_
_
_
3
3
Out
standing
1*01
8,600
Small Business
Administration 6/
Retire Out
Sales
ments standing
Retire
ments
525
225
-
Participation certificates issued by G M acting as trustee - (Continued)
NA
Housing and Urban Development Department
£ales
-
-
-
Sales
-
180
180
630
1,280
_
-
3
I*
3
Out
standing
_
2,900
Health, Education,
and Welfare
Department 2/
Farmers H e
om
Administration \]
Total
_
_
_
_
_
-
-
-
-
-
-
Investments.
Includes Direct Loan and Loan Guaranty programs.
In the case o f Commodity Credit Corporation, participation certificates
are called "certificates o f interest" and are not included in the
Participation Sales Act o f 1966. Amounts shown as sales and retirements
represent the net excess transactions for the period. O July 1, 1969
n'’
the amount outstanding was reclassified as agency securities.
Less than $500,000.
M a y
25
1971
FEDERAL DEBT
Table FD-8. - Debt Subject to Statutory Limitation
Total outstanding sub
ject to limitation
End of
fisca l year
or month
Statutory
debt
limit
Total
(in millions of dollars)
Interest bearing debt
subject to limitation
Agency securities
Public debt & debt of D istrict Public debt Agency
D istrict of
securities
securities securities Columbia
of Columbia 1/
1/
297,768
305,492
311,351
316,991
319,6a
325,959
346,925
353,084
370,288
444
607
813
590
462
512
3,819
3,847
3,137
294,442
301,954
307,357
313,113
315,431
377.000
377.000
306,099
312,164
317,581
320,102
326,471
350,743
356,932
373.425
1969-Dec.,
377.000
371,435
367,592
1970-Apr.,
May.,
June,
July,
Aug..
Sept,
Oct.,
377.000
377.000
377.000
395.000
395.000
395.000
395.000
395.000
395.000
395.000
395.000
430.000
369,705
373,595
373.425
379,071
383,403
366,562
370,456
370,288
375,937
380,271
378,048
379,570
383,011
388,530
387,712
390,036
391,040
391,263
1962.........
196 3
196 4
196$....... .
1966.........
196 7
196 8
,
.
196 9
197 0
,
Nov.,
Dec.,
1971-Jan..
Feb.
Mar.,
Apr.
300,000
307,000
324,000
324.000
328.000
336,000
358,000
430.000
298,212
381,180
382,672
386,109
391,626
390,809
392,332
393,343
393,231
Matured debt and debt bearing no interest
subject to limitation
Public debt
securities
20
20
20
20
20
20
20
20
20
3,326
3,538
3,995
3,878
344,401
351,729
369,026
424
586
792
569
441
492
3,798
3,827
3,117
3,842
366,221
3,822
20
1,371
3,143
3,139
3,137
365,099
369,144
369,026
374,622
378,905
376,820
378,324
381,667
387,252
3,123
3,119
3,117
20
20
20
1,262
3,114
3.112
3.112
3,082
3,078
3.076
3.076
2,276
2,283
1,948
20
20
20
20
20
20
1,316
1,365
1,228
1,246
1,344
1,278
20
20
20
20
Agency
securities
1,226
3,134
3.132
3.132
3,102
3,098
3,097
3,096
2,295
2,303
1,968
Source: Daily Treasury statement.
Note: For debt subject to limitation for fisca l years 1940-1961 see Table
21 of the Statistical Appendix to the Annual Report of the Secretary
of the Treasury on the State of the Finances for fisca l 1970. For a
sum ary of legislation on debt limitation under the Second Liberty
m
322,286
386,487
388,648
389,777
390,029
4,210
3,673
2,524
1,355
1,262
1,463
1,312
1,388
1,263
1,234
Bond Act and the amounts of limitation see Table 31 of the Statistical
Appendix.
1/ Of $3,250 million in participation certificates subject to limitation
issued in fisca l 1968, $1,465 million are now outstanding.
2/ District of Columbia Armory Board Stadium Bonds.
Less than $500,000.
26
T r e a s u r y B u lle tin
FEDERAL DEBT
Table FD-9. - Status and Application of Statutory Limitation
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
by the Act of March 17, 1971 (Public Law 92-5), provides that
the face amount of obligations issued under authority of that
Act, and the face amount of obligations guaranteed as to prin
cipal and interest by the United States, shall not exceed in
the aggregate $400 billion outstanding at any one time. Pub
lic Law 92-5 also provides that beginning March 17, 1971, and
ending June 30, 1972, the public debt limit shall be tempo
rarily increased by $30 billion to $430 billion.
The Act of June 30, 1967 (Public Law 90-39) provides
that the face amount of beneficial interests and participa
tions issued under section 302(c) of the Federal National
Mortgage Association Charter Act (12 U.S.C. 1717(c)) during
the fiscal year 1968 and outstanding at any time shall be
added to the amount otherwise taken into account in deter
mining whether the requirements of the above provisions are
met.
Part A. - Status Under Limitation April 30, 1971
(In millions of dollars)
The statutory deht limit established by the Second Liberty Bond Act, as amended
(31 U.S.C. 757b)...........................................................................................................................................
Amounts outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as amended.........................
Debt of U.S. Government agencies.............................................................................................................
Participation certificates (12 U.S .C. 1717(c)) ........................................................................... .
Total amount outstanding subject to statutory debt limitation......................................................
430,000
391,263
503
1,465
393,231
Balance issuable under limitation...............................................................................................................
36,769
Part B. - Application of Statutory Limitation April 30, 1971
(In millions of dollars)_______________________
Classification
Total
outstanding
Public debt:
Interest-bearing debt:
Public issues — marketable:
Treasury b i l l s .............. ............................................................................................................................................
87,504
Treasuiy notes............................................................................................................................................................
104,271
54,112
Treasuiy bonds.................................................... .....................................................................................................
Total public issues — marketable....... ............................................................................................................. ............245,388
Public issues — nonmarketable:
Certificates of indebtedness:
Foreign series........................................................................................................................................................
2,576
Foreign currency series.................................................................................. ............................... ..................
400
Treasury notes:
Foreign series.................................................................................................................... ...................................
2,457
Foreign currency series.......................................................................................................................................
1,216
Treasury bonds:
Foreign series........................................................................................................................................................
24
Treasury bonds............................................................................................................................................................
250
Treasury certifica tes...............................................................................................................................................
456
Treasuiy certificates eurodollar series..............................................................................................................
1j 508
U.S. savings bonds....................................................................................................................................................
52,541
U.S. savings notes..................................................................................... ..................................................
636
U.S. retirement plan bonds......................................................................................................................................
46
Depositary bonds........................................................................................................................................................
23
Treasury bonds, R.E.A. series.................................................................................................................................
8
Treasury bonds, investment series..........................................................................................................................
2,350
Total public issues — nonmarketable.................................................................................................................
64,490
Special issues to Government agencies and trust funds................ ..........................................................................
79,652
Total interest-bearing debt.................................................................................................................................
390,029
Matured debt on which interest has ceased......................................................................................................................
342
Debt bearing no interest:
—
------ —■ .
'
Special Note of the United States:
International Monetary Fund series...........................................................................................................................
825
Mortgage Guaranty Insurance Com
pany Tax and Loss Bonds...........................................................................................
18
U.S. savings stamps..........................................................................................................................................................
50
Excess profits tax refund bonds....................................................................................................................................
1
U.S. notes..........................................................................................................................................................................
323
Deposits for retirement of national bank and Federal Reserve bank notes.................................................. .........
74
Silver certificates..........................................................................................................................................................
218
Other debt bearing no interest...................................................................................................................................... .................... 11
Total debt bearing no interest................................................................................ .................................................
1,519
Total public debt.................................................................................................... ....................................................
391,891
Debt of U.S. Government agencies:
—
Interest-bearing debt......................................................................................................................................................
$02
Matured debt on which interest has ceased...................................................................................................................
*
Total debt of (J.S. Government agencies.................................................................................................................... ................... 503
Total public debt and debt of U.S. Government agencies........................................................................................
392,394
Deduct debt not subject to limitation.............................................................................................................................
£27
Add participation certificates.................................................................. ......................................................................
1,465
Total subject to limitation.................................................................................................................................... ............393,231
Source: Daily Treasury statement.
*
Less than $500,000.
M ay 19 71
27
.FEDERAL DEBT.
Table FD -10 . - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
End of
fisca l year
or month
196
196
196
196
2
3
4
5
196 6
196 7
196 8
196 9
197 0
1969-Dec.
1970-Apr.,
May.,
June,
July.
Aug.,
Sept
Oct.
Nov.
Dec.
1971-Jan.
Feb.,
Mar.
Apr..
Total
Agency
for
Inter
national
Develop
ment 1/
28,634
29,166
29,241
28,354
26,964
1,062
24,611
662
638
27,040
28,164
30.651
30,248
30,586
30,912
30.651
30,049
30,759
_________________________(in millions of dollars)________________
Housing and Urban
Agriculture Department
Development Department
ExportSecretary:
Import
Govern
Farmers
Rural
Bank of
Commodity .Electri H e
ment
om
Secretary National Other
the
Credit
fication Adminis
United
Corpo
Mortgage 6/
Adminis tration
States
ration
Assn. J /
tration programs
2/
2/
w
12.990
13,599
13.990
13,111
3,167
2,716
2.393
1,899
32
25
1,466
10
25
2,261
1,329
1,950
2,427
3.133
1,476
1,567
2,005
830
2,302
513
178
2,753
3,133
854
1,027
1,170
1,235
1,436
1.415
1,454
1,583
1,830
362
720
1,937
1,570
1.416
1,586
Tenn
essee
Valley
Author
ity
12,262
531
12,350
5,145
1,654
1,268
1,980
2,866
249
100
526
526
12,233
12,131
1,337
1,411
1,728
2,435
2,375
512
512
12,262
1,586
2,261
150
150
100
1,585
2,316
10
10
10
12,380
5,628
1,302
12,665
5,543
5.643
5.643
5.643
5,743
1,293
1,419
1,316
1,327
1,336
3,079
3,113
3.133
3,256
3,286
3,294
3,325
3,342
3.394
3,493
3,515
3,538
3,567
10
10
10
12,076
11,895
12,515
5,316
5,416
5,328
5.428
5.428
5.528
5.528
100
100
100
100
100
100
544
512
30,688
512
512
31,393
31,385
31,540
30,863
31,569
31,243
31,779
512
512
502
498
498
498
498
11,768
10,097
11,989
12,115
11,398
12,594
12,417
12,269
12,178
1,408
1,416
1,387
1,349
1,301
1,295
2,670
1,610
1,620
1,646
1,626
1,523
2,331
2,371
2.396
2.396
2,421
454
689
252
286
2,491
3,166
3,391
3,741
Source: Daily Treasury statement*
Note: These securities were issued to the Treasury in exchange for ad
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury. Further detail m be found in the 1970
ay
Statistical Appendix to Annual Report of the Secretary of the Treasury,
pages 310-14, and the 1970 Combined Statement of Receipts, Expenditures
and Balances of the United States Government, pages 597-99.
1/ And predecessor agencies. Beginning fisca l 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director 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.”
2/ Farm housing and other loan programs, Agricultural Credit Insurance Fund
(formerly Farm Tenant Mortgage Insurance Fund), and Rural Housing Insur
ance Fund.
2/ Includes securities transferred from the Reconstruction Finance Corpo
ration.
i j Consists of notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; public fa c il
ity loans; Low Rent Public Housing Fund; and advances for National
Flood Insurance Fund.
_ / Consists of lia b ilitie s taken over by the Association from the
5
50
85
95
10
100
100
100
100
100
10
15
18
43
43
63
118
118
223
Veterans
Adminis
Saint
Lawrence tration:
Direct
Seaway
Develop loan
program
ment
Corp.
100
100
100
100
Under
Defense
Produc
tion
Act
of i950
Other
8/
1/
123
123
124
125
125
129
133
133
133
1,530
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1,976
1,923
2,019
133
133
133
133
133
133
133
131
131
131
131
131
131
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
121
3,484
3,657
3,828
4,075
4,234
4,518
4,770
5,045
5,328
807
735
712
689
Transpor
tation
Dept.
22
1,854
2,032
1,996
29
35
51
72
90
118
148
183
2,051
181
2,043
2,008
1,996
2,010
2,010
2,010
2,010
2,010
2,010
183
183
183
183
183
183
183
183
183
2,010
2,010
2,010
2,010
235
235
235
235
2,056
2,023
1,850
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c ), 1720 (d), and 3»721 (d )) and also securities transferred from
the Reconstruction Finance Corporation.
6/ Public Housing Administration 1960-1963; Federal Housing Administration
beginning January 1966; Housing Assistance Administration from September
1968 - December 1969.
2 / Consists of notes of: The Administrator, General Services Administra
tion, for defense materials procurement; the Secretary of Agriculture;
the Secretary of Interior (Defense Minerals Exploration Administration);
the Export-Import Bank of Washington through March 1962; and the
Secretary of the Treasury through M 1964.
ay
8/ Consists of notes issued by the: United States Information Agency for
informational media guaranties (see footnote l ) ; Secretary of Commerce
(Maritime Administration) for the Federal Ship Mortgage Insurance Fund,
fisca l years 1963-67; Virgin Islands Corporation from September 1959 September 1968; District of Columbia Commissioners for the Stadium
Sinking Fund beginning June 1962; Secretary of the Interior (Bureau of
Mines) for development and operation of helium properties beginning
M 1964; and Bureau of Commercial Fisheries for Federal Ship Mortgage
ay
Insurance Fund, Fishing Vessels from January 1966 - M 1967; and
ay
revenue bonds for Smithsonian Institution (John F. Kennedy Center
Parking Facilities) beginning July 1968.
T reasury B u lletin
28
P U B L I C
D E B T
O P E R A T I O N S ,
Table P D O -l. - M aturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury B ills
Outstanding April 30, 1971
(In millions o f dollars)
iaount o f m turltles
Tear
and
Held by 2/ Description
o f fin a l
Maturity
1/
1971
5- 1 IH
8*
a-i/wf,
It*
Oct.........
Nov.........
1-1/2*
5-3/8*
3-7/8$
7-3/W
Note
Bond
Note
Note
Bond
Note
-
5/ 15 / 71 -A
5/ 15/ 71 -E
N 26|
4,176
1,885
629
2,380
3,547
1975
Aug....
5-7/8*
Note
2,515
271
2,244-
Oct-----
1-1/2*
Note
8/ 15 / 71 -F
8/ 15/71
2,257
2,806
335
1,922
609
2,197
10/ 1 / 71 -E0
-
72
n / 15/ 71 -B
u / 15/71
11 / 15/ 71 -G
971
1,087
5,832
268
384
3,547
72
703
703
2,285
7,928
•16,053
799
981
2,681
237
241
247
562
740
2,434
May.........
Note
Bond
rIO G
u
_
7-1/2*
Apr.........
b-3/W
H
2/ 15 / 72-A
2/ 15/72
2/ 15/ 72-c
1-1/2*
Note
_
u /i / 72-EA
34
2
b -i/ H
Note
Note
5/ 15/ 72-B
5/ 15 / 72-D
5,310
2,037
2,979
148
145
8/ 15/72
1,233
2,579
603
3,739
v i /76- ea
*
May.. . .
6-1/2*
Note
5/ 15/ 76-B
2,697
736
1,961
Aug.. . .
7-1/2*
Note
7/ 15 / 76-c
4,194
1,481
2,713
10,630
5,074
5,556
2/ 15/ 77 -A
5,163
2,847
2,316
8/ 15/ 77 -B
2,263
671
1,592
7,426
3,518
3,908
5,208
1977
F eb....
1,889
8*
Note
7-3/W
-
-
Note
9/ 15/ 67-72
1,951
130
1,821
Note
Bond
10/ 1 / 72-E0
33
2,565
270
33
2,295
1978
Feb___
6-l/l<*
20,203
5,002
15,201
1980
F eb....
H
Nov.. . .
3-1/2*
Bond
-
Bond
34
1-1/2*
May.........
7-3/W
Aug.........
8-1/8*
Note
Note
V 1 / 73-EA
5/ 15/ 73 -A
H
Note
Bond
Oct.........
1-1/2*
Note
-
Nov.........
U-X/896
Bond
~
34
5,842
8/ 15 / 73-B
8/ 15/73
-
1,839
3,894
2,663
625
Aug.. . .
Total
30
n / 15/73
4,344-
548
Note
May.........
h -l/ H
7-1/W
Bond
Note
Aug.........
5-5/8*
Note
Oct.........
1-1/2*
Note
5-3/>t*
3-7/8*
Note
Bond
4,137
1983
11,846
30
5-3/*t*
Apr.. . . . .
1-1/2*
6*
Note
2,592
818
1,77k
11 / 15/80
1,904
748
1,156
2,930
June...
3 -lA *
1,270
Bond
1985
May.. . .
3-l/lt*
Bond
Bond
6/ 15/ 78-83
267
, 5/ 15/®5
5/15/75-85
1,060
1,212
224
459
753
2,272
“
1,537
683
1,589
.
836
3,141
625
225
2,501
2,916
Vl/7*^EA
34
2
32
-
5/1 5M
5/15M -D
3,579
4,507
637
931
2,942
3,576
1990
Feb___
3- 1 / 2*
Bond
2/15/90
4,682
i,i4 o
3,5
-
&/l?/7h-B
10,284
5,590
4,694
1992
Aug.. . .
ii-i/it*
Bond
8/15/87-92
3,806
1,355
2,lt-51
1993
Feb___
H
Bond
2/15/88-93
247
70
177
k -i/ %
Bond
5/15/89-9^
1,552
539
1,013
3*
Bond
-
2/15/95
1,211
152
1,059
3-1/2*
Bond
-
11/15/98
3,926
892
3, 03*1
10/1/7^— O
E
42
11/15/7^A
11/15/7^
3,981
2,238
1,496
706
2,465
1,532
10,212
20,720
2/15/75-A
5,148
1,710
3,438
tyl/75-EA
-
Note
May.........
2/ 15/80
-
3,126
30,932
Note
3,178
2/15/7^
2/15/A-C
”
8
5/15/75-B
6,760
Total..
1975
Feb..........
8,386
1,566
b -i/ H
1-1/2*
2 / 15 / 78-A
3,796
15,983
Bond
Bond
-
1,538
3,269
10/ 1 / 73-E0
Total
k -im
7-3/W
Note
•
*
3,179
301
882
2/ 15 / 76-A
Note
Bond
Total
2,857
Note
2-1/2*
1973
11,124
1-1/2*
1-1/2*
12/ 15/ 67-72
8,503
6-1/1*#
Oct.........
Dec.........
2-1/2*
31
Feb___
Sept.......
-
5,351
Apr.. . .
1,088
1,976
2-1/2*
2,329
19,627
H
iSZit
Feb.........
31
1976
2,331
6/ 15/ 67-72
7,680
Total
Bond
Bond
June.......
Aug.........
8/ 15 / 75 -c
10/ 1 / 75 -E0
-
32
6-3/1*56
U.S. Govt,
accounts and i l l
other
Federal Re
serve banks investors
Total
6/ 22/71
-
Total..
1972
Feb.........
Held \ sj2 j Description
23,981
Note
Note
5-97056 B ill
(Teix ant.)
Aug.........
U.S. Govt,
accounts and All
Federal Re other
serve banks investors
Total
Amount o f maturities
Year
and
month
o f fin al
maturity
1/
-
42
199^
May.. . .
1995
Feb___
8
4,464
-
1998
2,296
Nor.. . .
•
Source:
Daily Treasury Statement and Office of Debt Analysis in the
Office o f the Secretary.
1/ For issue date o f each security, see "Market Quotations on Treasury
Securities."
2/
*
Beginning with February 1969 Treasury Bulletin, the definition of
U. S. Government accounts and a ll other investors is in conformity
with the unified budget concept.
Less than $500,000.
29
M ay 19 71
_
_
P
D
B
U
C
D E B T
O P E R A T I O N S ________
Table PDO-2. - Offerings of Treasury Bills
(Amount in millions of dollars)'
Description o f new issue
Issue date
Regular weekly:
(13-week and 26-week)
1971-Jan.
7...............................
14...............................
21...............................
28...............................
Feb.
4...............................
f
\
J
f
\
J
\
f
(
11...............................
"
18...............................
^
25...............................
26 y .........................
Mar.
*
V
4 - .......
11...............................
*
18......................... . . .
K
25...............................
Apr.
Num of
ber
Amount of
days to
bids
maturity 1 / tendered
Maturity
date
*
8
Apr.
July 8
Apr. 15
15
Apr. 22
July 22
Apr.
July
M
ay
Aug.
M
ay
Aug.
M
ay
Aug.
M
ay
Aug.
June
Sept.
June
Sept.
June
Sept.
June
Sept.
91
182
13
12
20
19
27
26
Vardous
91
182
3
2
10
9
17
16
91
182
22..............................
29..............................
3,091-4
2,922.6
273
4.734.8
5.592.9
5,095.0
2,261.2
2,515.1
2,000.8
' "1,000". 7
1,724.8
2,401.0
1,292.8
1,243.2
1,774.0
1,596.7
2,489.0
1,220.8
2,036.4
1,169.9
1,719.6
2,006.3
1,222.0
1,323.2
1,853.7
p0u.3
1,200.0
1,200.2
500.0
500.6
1,201.4
500.4
1,202.4
501.3
1,203.5
500.8
1,202.5
1,201.3
500.6
500.8
1,200.5
500.5
1,201.2
Apr.
M
ay
FebMar.
June
Apr.
July
M
ay
Aug.
June
Sept.
Oct-
276
365
365
272
31
30
30
31
31
31
30
30
274
365
273
365
273
365
273
365
365
271
Sept.
30......................... .
f
Oct.
Nov.
31...............................
2...............................
31
July 31
f
Aug. 31
1
Nov. 30
J
Sept. 30
l
Dec. 31
1972-Jan. 31
1971-Oct. 31
1972-Feb. 29
1971-Nov. 30
r
Dec. 31
1972-Mar. 31
Jan. 31
,
Apr. 30
Footnotes at end of Table PDO-3.
l
(
j
1
(
244
23
31
30
31
28
31...............................
30..............................
1,900.7
1,400.7
1,899.7
1,601.8r
91
182
Aug.
Apr.
1,900.5
1,599.9
2,205.7
2,000.3
1,600.6
1,705.9
1,278.4
1,667,1
July 1,248.7
1,691.2
1,277.1
1,738.7
1,302.0
1,900.7
1,400.8
29
28
31...............................
31........................... .
91
182
1,203.9
1,901.8
1,401.1
91
182
July
Mar.
91
182
2,003.5
1,402.3
1,903.6
1,402.1
4,063.7
2,911.1
2,659.7
2,906.5
2,538.3
2.814.1
2.528.1
2,958.6
2*647.6r
O competi
n
tive basis
2,000.5
1,600.2
2,001.0
1 , 401.2
2,000.6
1,400.9
f
28...............................
1...............................
91
182
3,062.9
2,745.8
3,184.8
2,696.8
2,003.4
\
1,407.9
2,002.2
1,400.9
2,001.7
1,400.4
2,003.9
1,405.3
2,002.7
1,400.2
91
182
91
182
f
31...............................
1...............................
91
182
2,002.4
1,401.7
8
7
15
14
22
21
30...............................
1971-Jan.
Feb.
91
182
3.150.1
2.865.1
3,209.9
2,944.7
2.995.8
2.443.8
2,946.8
2,343.3
3,125.0
2,755.0
3,638.7
2,701.6
2,884.9
2,672.2
5,080.2
2,795.0
2,599.9
3,111.3
2,618.5
3,577.0
3,133.3
( 1971-Jan.
\
31...............................
1#.............................
31...............................
91
182
mis
15..............................
Dec.
91
182
24
23
July 1
Sept. 30
July
Oct.
July
Oct.
July
Oct.
July
Oct.
8..............................
30...............................
91
182
29
29
6
5
6 6 /.........................
M
ay
June
91
182
Total
amount
Apr. 22
June 22
Apr. 22
1....... ......................
Tax anticiDation:
1970-July 23..............................
Oct.
21..............................
1971-Mar.
30...............................
9-Month and one-year:
1970-Apr.
30...............................
91
182
Amount o f bids accepted
274
365
273
365
365
272
366
274
275
366
276
366
1,404.4
2,952.1
1.809.7
1.284.5
2.194.5
1,442.0
1.490.7
2,177.4
1,448.5
2,223.4
1,199.5
499.7
1,201.1
501.3
500.4
1,200.3
500.1
1,200.4
(Continued on following page)
O noncompeti
n
tive basis 2/
296.5
123.3
336.3
159.2
311.0
123.8
263.0
98.4
261.4
97.2
Amount
TidU X ^ vll
nflt.nrincr
H ul I1 on
issue date
o f new
offering
1,802.1
1,611.7 2/
1,802.5
1,605.2 y
24,260.5
37,636.9 1 /
24.461.5
37.439.6 i /
1,801.3
1 , 600.8 y
24,662.3
37,239.71/
24,863.8
37,038.7 2/
25,037.9
36, 843.7 y
25, 237.9
36,640.8 y
1.734.3
1.295.3
1,798.8
1,316.7
1,642.8
1,312.8
268.4
105.0
1.800.3
1.601.4 1/
1,829.7
1,600.3 i /
1,802.7
1,302.5 H
204.7
85.6
260.8
89.2
1.801.4
1.598.4 V
1,900.7
1,402.6
1,003.7
200.0
1,663.5
1,320.5
1,646.5
1,317.3
1,643.7
1,313.7
1,644.1
1,505.3
238.3
80.7
254.2
83.6
257.0
87.1
255.6
96.5r
1,903.4
1,400.4
1,901.4
1,404.7
1,900.6
1,401.6
1,909.6
1,395.2
1,660.9
1,496.3
1.605.1
1.736.2
1,524.0
1,725.6
1,511.4
1,678.3
1,273.5
1,760.7
1,314.1
239.5
103.6
600.7
264.1
76.6
1 , 904.4
274.9
88.8
2,003.4
1,404.2
2,002.2
1,401.3
2,001.7
1,400.9
2,028.6
2,127.9
1,992.3
232.2
386.8
1,742.4
1,308.1
484.5
1,145.4
1,146.4
480.6
446.7
1,126.2
479.0
1,118.3
476.0
1,139.4
474.1
1,136.1
1,136.8
480.3
479.8
1,160.7
481.7
1,161.6
1,160.6
322.7
127.6
239.8
86.8
Total
unmatured
issues out
standing after
new issues
1,400.7
2,002.4
1 , 402.0
25,440.0
36,444.6 y
25,442.9
36,444.1
37,647.8
25,441.3
37 , 648.6 y
25,440.6
37,644.8 y
25.440.8
37.643.9 y
25,430.8
37,850.5r y
25,426.9
38,049.7 y
40,255.4
25,424.8
40, 454.0 y 2/
25. 421.9
40. 649.9 y 1 /
25. 420.7
40. 649.8 y 2/
25, 419.5
40, 649.8 y y
2,515.1r
8.5
16.0
54.5
53.8
500.2
1,000.6
1,000.2
19.3
53.8
75.2
500.3
500.3
1,201.4
500.3
1,202.1
500.7
1,200.5
500.1
1,005.3
1,002.5
501.8
500.1
1,001.2
4,504.3
4,504.6
13,419.0
4,504.7
13,419.4
4,505.4
13,422.4
4,506.0
13,619.6
T? fhtf /
ip,oj.o
500.4
1,002.1
1 , 003.0
4,505.7
14,216.9
T/ /1*3 'i.
500.3
1,200.1
500.0
500.6
1,201.1
14,414.2
4,506.5
21.3
84.1
25.4
64.2
26.7
66.4
64.6
20.4
21.0
39.8
483.1
1,173.9
483.7
18.9
39.6
38.9
16.6
27.2
17,.7
483-1
1,174.2
17.3
26.0
485.5
1,171.5
28.9
14.6
500.4
1,200.0
4, 504.7
13 , 219.1
iL
J? z.i q n
J
4,505.5
14,017.8
4,506.3
14,413.4
4,506.0
14,413.8
Treasury B u lletin
3°
PTTBT.Tf!
d e b
t
O P E R A T I O N S
Table PDO-2. - Offerings of Treasury Bills - (Continued)
O total bids accepted
n
Issue date
Regular weekly:
(13 -week and 26-r-w
eek')
1971-Jan.
7 . . / . ......................
21.............................
28.............................
Feb.
25.............................
26 y . ......................
Average price
per hundred
f 98.756
\ 97.509
98.827
i1 97.658
* 98.935
97.855
f 98.938
97.859
/ 98.961
\ 97.920
J 99.028
1 98.059
J 99.080
( 98.140
f -99.116
( 98.185
99.020
Apr.
6 6 /........................
99.164
l 98.273
99.158
98.240
99.110
98.132
98.64-5
( 99.064
t 98.102
3.307
3.416
3.330
3.482r
99.023
1 97.934
Tax anticiDation:
1970-July 23.............................
Oct.
1971-Mar. 30.............................
9-Month and one-year:
30.............................
M
ay
June
95.068
1 .............................
28 .............................
Mar.
Apr.
Footnotes at end of Table PD0-3.
10/
(Percent)
4.830
4.886
98.747
97.500
11/
12/
4.593
4.593
4.146
4.162
4.16*2
4.180
98.823
97.655
98.926
97.838
98.930
97.845
4.055
4.091
3.810
3.820
3.600
3.642
3.446
3.555
3.151
3.299
3.432
3.248
3.313
3.232
3.373
3.256
3.432
98.954
97.907
99.026
98.049
99.072
98.133
99.111
98.178
99.011
99.146
98.239
99.156
98.287
2/
12/
IL/
15/
16/
3.522
3.695
3.811
99.130 w
3.704
3.755
4.038
4.141
3.770
3.960
3.865
4.087
99.078
98.120
98.160 18/
98.664
99.012
97.953 12/
99.055
98.010
99.035
97.951 20/
3.442
3.640
3.758
3.647
3.719
3.909
4.049
3.738
3.936
3.818
4-053
99.153
98.258
99.146
98.211
99.090
98.114
98.630
99.055
98.087
98.961
97.865
I Equivalent rate 8/
(Percent)
4.957
4.945
4.656
4.638
4.249
4.276
4.233
4.263
4.138
4.140
3.853
3.859
3.671
3.693
3.517
3.604
3.312
3.378
3.483
3.339
3.388
3.351
3.446
3.378
3.539
3.600
3.731
3.853
3.738
3.784
4.110
4.223
99.0a
97.992
99.016
97.932
3.794
3.972
3.893
4.091
95.048
6.530
5.999
3 .7 a
98.844
93.258
92.670
94.518
22/
22/
24/
25/
94.637
92.908
6.995
6.995
7.300
26/
22/
f 96.131
\ 94.921
6.153
5.084
5.010
94.695
92.923
95.120
93.548
95.087
93.564
95.313
93.795
93.876
95.395
96.168
94.981
6.725
6.650
7.230
7.256
6.970
6.980
6.435
6.364
6.479
6.348
6.181
6.120
6.040
10/
21/
6.117
5.035
4.950
f 96.247
^ 95.046
95.693
96.775
4.949
4.886
4.249
4.269
96.289
95.063 33/
95.762
96.812 3^
4.894
4.869
4.180
4.219
95.333
96.115
94.831
96.224
95.039
95.645
96.752
96.264
97.191
f 97.321
I 96.354
3.675
3.691
3.507
3.587
96.299 24/
97.214 25/
97.349
96.372 36/
3.640
3.660
3.470
3.569
96.243
97.184
97.296
96.296
3.795
3.700
3.540
3.643
I 96.625
V 95.504
4.403
4.422
96.665 22/
95.557 28/
4.350
4.370
96.589
95.430
4.449
4.495
f 94.753
^ 93.091
92.622
93.515
" 95.270
93.698
Dec.
Price per hundred
95.934
99.761
Aug.
30.............................
98.779
97.530
98.839
97.678
98.952
97.896
98.948
97.887
98.975
97.932
99.037
98.069
99.090
9&.159
99.129
98.203
99.059
99.166
98.265
99.179
98.325
99.183
98.295
99.177
98.265
Low
Equivalent rate 8/
5.900
y 95.063
2.............................
Price per hun&red
6.450
July
Sept,
O competitive bids accepted
n
High
95.109 21/
96.001
99.773
99.954
99.765
94.445
f 94.620
\ 92.823
95.096
9?.532
1971-Jan.
Feb.
3.497
3.591
3.281
3.345
3.467
3.307
3.358
98.979
^ 97.907
99.047
^ 97‘ 998
Oct.
Nov.
(Percent)
4.921
4.927
4.640
4.633
4.214
4.243
4.201
4.236
4.110
4.115
3.845
3.839
3.639
3.678
99.154
1 98.247
* 99.164
l 98.302
Mar.
1970-Apr.
Equivalent average
rate 8/
93.844
95.368
6.504
5.970
3.671
6.843
6.814
7.277
7.353
7.068
7.079
6.467
6.380
6.510
6.396
6.237
6.215
6.072
22/
28/
3.553
92.599
94.407
94.604
92.766
95.080
93.522
95.040
93.476
95.245
93.638
93.787
7.403
7.090
7.135
6.488
6.389
6 .5 a
6.435
6.270
6.275
6.128
6.200
5.104
5.098
4.979
4.893
4.295
4.299
M ay
19 71
31
PTTBT.Tf! D E B T
O P E R A T I O N S ________________________________
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills!/
(Dollar amounts in millions)
Dascription of issue
11..................
18..................
25......... ..
Aug.
1..................
8..................
15..................
22..................
fl968-0ct.
Il969-Jan.
1968-0ct.
1969-Jan.
^1968-Oct.
1969-Jan.
1968-Oct.
1969-Jan.
*1968-0ct.
1969-Jan.
1968-Nov.
1969-Feb.
1968-Nov.
1969-Feb.
1968-Nov.
1969-Feb.
1968-Nov.
1969-Feb.
5 . . . . . ......... 1968-Dec.
^1969-Mar.
(1968-Dec.
12................. \1969-Mar.
2 9 . .. . ......... .
Sept.
1968-Dec.
1969-Mar.
'l968-Dee.
26. - ....... .
1969-Mar.
Jan.
3.
Apr.
Jan.
10................
Apr.
^1970-Feb.
6..................
M
ay
19................ .
Oct.
1969-Nov.
13.................. f
2 0 ...............
28.................. *
Dec.
4. •••••••*»«
11..................
18.................. f
26................ '
1970-Jan.
2..................
^
8..................
15.................. 1
22.................. 1
29.................. 1
Feb.
Mar.
N ber of
um
days to
maturity
Maturity
date
Issue
date
26..................
5..................
12..............
19................. f
1
J
26.................. \
Footnotes at end of table.
Feb.
M
ay
Feb.
M
ay
Feb.
M
ay
Mar.
June
Mar.
June
Mar.
June
Mar.
June
Apr.
July
Apr.
July
Apr.
July
Apr.
July
Apr.
July
M
ay
Aug.
June
Sept.
June
Sept.
June
Sept.
June
Sept.
Amount
of bids
tendered
3
2
10
9
17
16
90
181
$2,119
1,981
91
182
2,637
1,996
91
182
2,625
2,476
24
23
31
30
91
182
7
6
91
182
14
13
21
20
91
182
2,869
2,365
2,620
2,320
2,532
2,279
2,405
2,285
2,283
2,034
2,404
2,271
2,493
2,709
2,740
1,969
2,525
2,262
91
182
91
182
29
27
92
182
5
6
12
13
19
20
26
27
2
3
9
10
91
182
91
182
91
182
91
182
91
182
2,843
2,030
2,338
1,830
2,105
1,866
5
7
13
14
19
21
26
28
91
182
91
182
92
182
91
182
90
181
5
4
12
11
91
182
91
182
19
18
26
25
2
2
9
9
16
16
91
182
90
181
90
181
91
182
91
182
23
23
30
3°
28
27
91
182
4
3
11
10
18
17
91
182
25
24
91
182
91
182
91
182
91
182
91
182
2,994
2,294
2,779
2,593
2,655
2,265
2,733
3,392
Amount
of bids
accepted
$1,601
1,100
1,602
1,102
1,601
1,101
1,601
1,100
1,599
1,101
1,600
1,103
1,600
1,101
1,602
1,101
1,600
1,104
1,602
1,103
1,601
1,100
1,601
1,100
1,604
1,102
1,601
1,101
1,601
1,103
1,802
1,201
N money
ew
increase, or
decrease (-)
Average rate
of bids
accepted 2/
(Percent)
5.401
5.588
5.368
5.410
5.467
5.557
\
\
5.083
5.273
5.123
5.219
5.174
5.242
5.196
5.249
5.247
5.277
5.217
5.249
5.150
5.230
5.182
5.284
5.276
5.363
6.999
7.281
101
1
98
1
98
i
100
i
5.293
5.367
5.192
5.288
4.906
5.100
#100
102
99
<
,
102
*
*
104
,
104
A
101
<
j
*
<
100
106
I
101
i
102
101
1,800
1,204
1,801
1,200
1,801
1,201
7.157
7.435
7.142
7.519
7.477
8.028
*
2,867
2,152
2,380
2,097
2,666
2,176
1,800
1,200
1,800
1,200
1,801
1,201
*
2,44l
1,872
1,809
1,209
1,802
1,202
7.452
7.613
7.701
7.803
7.920
7.921
7.805
7.815
8.095
8.101
7.960
7.991
7.837
7.783
7.788
7.663
7.890
7.776
2,426
2,216
2,720
2,514
2,876
3,159
3,160
2,532
2,775
2,264
2,573
1,958
2,458
2,192
2,986
2,832
1,804
1,207
1,802
1,205
1,802
1,204
1,801
1,200
1,801
1,301
1,801
1,302
1,798
1,301
3,051
2,685
3,838
2,383
1,803
1,303
1,804
1,302
(Continued on-following page)
114
j
i
|
99
102
96
99
<
101
1
I
1I
J
118
93
109
<
102
>
106
100
6.813
6.974
6.868
6.773
6.877
6.729
6.837
6.707
I
100
I
102
\
98
I
104
6.264
I
96
6.184
32
T rea su ry B u lletin
,P
U B L I C
D E B T
O P E R A T I O N S .
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills
1/ -
(Continued)
(Dollar amounts in millions)
Description of issue
1970-Apr.
2...............
9...............
16................
23...............
30..............
M
ay
7...............
H ..............
21..............
28..............
June
4..............
11..............
18..............
25..............
July
2..............
9...............
16................
2 3
30.............. .
Aug.
6...............
13................
20...............
27................
Sept.
2...............
10................
17................
2 4
Oct.
1................
8..............
15...............
22...............
29...............
Nov.
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
$1,800
1,301
1,802
1.305
1,802
1,301
91
182
#2,604
2,098
2,618
2,696
3,088
2,44.7
2,768
2.272
91
182
2,445
2,906
91
182
91
182
2,869
2,846
2,866
2,597
2,966
2,606
6.329
6.392
6.408
6.455
6.310
6.247
6.476
6.494
6.876
7.253
7.184
7.493
91
183
2,854
3,216
91
182
91
182
2,743
2,809
3,002
2,211
17
17
91
182
24
24
1
31
8
7
91
182
Num of
ber
days to
maturity
Maturity
date
Issue
date
5...............
12...............
19..............
27..............
Footnotes at end of table
1970-July
Oct.
July
Oct.
’
July
Oct.
July
Oct.
July
Oct.
Aug.
Nov.
Aug.
Nov.
Aug.
Nov.
Aug.
Nov.
Sept.
Dec.
Sept.
Dec.
Sept.
Dec.
Sept.
Dec.
Oct.
Dec.
Oct.
1971-Jan.
1970-0ct.
1971-Jan.
1970-0ct.
1971-Jan.
1970-0ct.
1971-Jan.
1970-Nov.
1971-Feb.
1970-Nov.
1971-Feb.
1970-Nov.
1971-Feb.
1970-Nov.
1971-Feb.
1970-Deo.
!
1971-Mar.
1970-Dec.
1971-Mar.
1970-Dec.
1971-Mar.
*1970-Dec.
1971-Mar.
1970-Dec.
1971-Apr.
Jan.
Apr.
Jan.
Apr.
Jan.
Apr.
Jan.
Apr.
Feb.
M
ay
Feb.
M
ay
Feb.
M
ay
Feb.
M
ay
2
1
91
182
9
8
16
15
23
22
30
29
6
5
13
12
20
19
27
27
3
3
10
10
91
182
91
182
91
182
15
H
22
21
91
182
29
28
91
182
5
4
12
11
19
18
27
25
3
4
10
11
17
18
91
182
3,064
2,115
2,838
2,412
2,357
2.659
2,381
2,170
2,916
2,873
3,014
2,458
2,662
2,465
2,632
2,056
91
182
2,499
2,476
91
182
92
182
91
182
91
182
91
182
91
182
2,946
2,515
2.660
2,588
2,380
2,075
2,758
2,976
24
25
31
1
91
182
91
182
91
182
2,714
2,607
2,992
2,525
91
182
2,453
7
8
91
182
14
15
21
22
28
29
91
182
2,44-9
2,562
2,780
3,444
3,156
2,100
4
6
11
13
18
20
25
27
91
182
91
182
91
182
91
182
91
182
90
181
2,486
2,615
2,909
3,230
2,448
2,877
2.940
2.940
3.272
2,839
2,470
(Continued on following page)
1.803
1.303
1,801
1,301
1,801
1,301
1,802
1.302
1.790
1.304
1,802
1,301
1,801
1.306
1.803
1.303
1.803
1.303
1,801
1.303
1,807
1.303
1,801
1,311
1.803
1.305
1,802
1,300
1,801
1,301
1,811
1,300
1,801
1.303
1.803
1,298
1.791
1.403
1,802
1,400
1.805
1,405
1,801
1,402
1.805
1,395
1,801
1.401
1,802
1.402
1,802
1.404
1,801
1,401
1,800
1.401
1,830
1.402
1.803
1,401
1,801
1,403
1,901
1,400
N money
ew
increase, or
decrease (-)
# 91
102
98
103
101
99
6.994
7.201
110
6.827
6.996
90
7.133
7.356
100
6.824
6.858
6.783
6.895
6.732
6.946
6.626
6,929
106
6.422
108
102
90
6.602
108
6.643
6.657
6.547
102
6.644
6.385
6.442
6.347
6.429
6.414
6.495
6.511
6.681
6.526
6.587
197
338
6.342
6.507
6.366
6.555
6.314
6.494
5.955
6.241
5.809
6.373
6.024
6.412
6.029
6.224
5.943
6.129
5.830
6.117
100
95
100
107
100
114
91
99
105
97
97
94
99
103
98
99
5.655
5.772
120
5.461
5.653
5.283
5.405
4.759
4.855
101
98
209
M ay 19 71
33
PUBLIC
DEBT
O P E R A T I O N S ,
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills 1/ - (Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
1970-Dec.
3.
10.
17,
24
31,
1971-Mar.
Apr.
25,
1
8
15
N ber of
um
days to
maturity
Maturity
date
r
i971-Mar.
June
Mar.
June
f
Mar.
\
June
j
Mar.
\
June
I
Apr.
\
July
1
June
Sept.
July
Sept.
July
Oct.
July
Oct.
4
3
11
10
18
17
25
24
1
1
24
23
1
30
8
7
15
14
Amount
of bids
tendered
Amount
of bids
accepted
#3,527
2,320
#1,903
1.399
1,901
1.401
1,901
91
182
91
182
2,841
2,069
2,883
2,343
2,928
2,364
91
2,646
182
91
182
91
182
1,910
1,404
1,904
2,010
91
182
91
182
91
1.400
2,959
2 , 648r
2,885
2,672
182
1,900
l,602r
1,900
1,600
2,000
1,601
2,001
1.600
2,795
2,600
91
182
1.402
3,111
2,618
Source:
See Table PDO-2.
2/
Excludes issues of strips of additional amounts of outstanding
regular weekly b ills for cash on December 2, 1970 ($2,105 million),
Average rate
of bids
accepted 2/
(Percent)
5.083
4.979
4.883
4.874
4.776
4.785
4.726
4.765
4.830
4.836
3.330
3.4*2r
3.522
3.695
3.704
3.755
4.038
4.141
N money
ew
increase, or
decrease (-)
][
#194
1
194
1
|
197
206
1
202
197r
195
*
196
j
193
<
and April 6, 1971 ($2,206 m illion).
2/ Equivalent average rate on bank discount basis,
r Revised.
Footnotes to Table PDO-2
Source:
Daily Treasury statement; Bureau of the Public Debt.
1/
The 13-week b ills represent additional issues of b ills with an
original maturity of 26-weeks and the 9-month b ills represent
additional issues of b ills 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 fu ll at average
prices of accepted competitive bids; for other issues, the correspond
ing amount is stipulated in each offering announcement.
2/
Includes strip b ills issued December 2, 1970.
ij
Additional amounts ($200,615,000) of six series of outstanding weekly
b ills issued in strip form for cash on February 26, 1971. These b ills
mature at intervals of one week beginning M 27, 1971 and ending July
ay
1, 1971 for each series respectively.
5/
Includes strip b ills issued February 26, 1971.
6 / Additional amounts ($200,520,000) of eleven series of outstanding weekly
b ills issued in strip form for cash on April 6, 1971. These b ills
mature at intervals of one week beginning July 8, 1971 and ending
September 16, 1971 for each series respectively.
7/
Includes strip b ills issued April 6, 1971.
8 / Bank discount basis.
9 / Except $400,000 at 98.799.
10/ Except $900,000 at 97.538.
11/ Except $465,000 at 98.960.
12/ Except $5,000,000 at 97.924.
12/ Except $40,000 at 97.937.
14/
Except $300,000 at 99.165.
15/
16/
17/
18/
12/
20/
21/
22/
22/
24/
25/
26/
27/
28/
22/
20/
.21/
22/
22/
2/J
25/
26/
.27/
28/
r
Except $300,000 at 98.203.
Except $50,000 at 98.382 and $1,020,000 at 98.315.
Except $1,300,000 at 99.153.
Except $100,000 at 98.237.
Except $500,000 at 97.969.
Except $160,000 at 97.980.
Except $3,000,000 at 95.147.
Except $320,000 at 94.902 and $280,000 at 94.863.
Except $10,000 at 93.500.
Except $10,000 at 93.250.
Except $1,010,000 at 94.537.
Except $800,000 at 94.714.
Except $190,000 at 93.567.
Except $1,060,000 at 95.340 and $70,000 at 95.336.
Except $1,000,000 at 93.905, $1,000,000 at 93.902, and $1,000,000 at
93.900.
Except $1,000,000 at 96.183.
Except $480,000 at 95.002.
Except $800,000 at 95.073 and $500,000 at 95.070.
Except $200,000 at 97.655.
Except $50,000 at 97.125.
Except $100,000 at 97.184 and $400,000 at 97.222.
Except $200,000 at 96.399.
Except $230,000 at 96.703 and $1,000,000 at 96.696.
Except $700,000 at 95.577 and $1,000,000 at 95.567.
Revised.
T rea su ry B ulletin
34
PUBLIC D E B T
OPERATIONS.
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip
tion books
opened or b i ll
tenders re
ceived
Issue
date
Description of securities 1 /
Period to final
maturity
(years, months,
days) 2/
r
2/25/69
5.399# B ill
5.426$ B ill
5.342# B ill
5.310# B ill
5-5/8# Note
5.245# B ill
5.151# B ill
5.202# B ill
5.108# B ill
1- 1/ 2# Note
5.178# B ill
5.446# Bill
5.401# Bill
5-5/8# Note
5-3/4# Note
5.693# Bill
5.567# Bill
5.489# B ill
6.483# B ill
6.412# Bill
5.940# Bill
6.195# Bill
6 . 144# Bill
6-3/8# Note
6- I / 4# Note
6.307# B ill
6.235# B ill
5.907# B ill
3/25/69
5.030# B ill
7/2/68
7/24/68
8/ 5/68
8/27/68
9/24/68
20/ '
10/17/68
10/ 24/68
10/28/68
11 / 22/68
11/26/68
12/ 23/68
1/14/69
1/28/69
2/3/69
2/20/69
3/26/69
10/
4/24/69
5/5/69
5/27/69
6/24/69
7/9/69
7/11/69
7/24/69
8/4/69
8/20/69
8/26/69
9/23/69
9/22/69
10/
7/11/68
,7/11/68
4/30/68
^ 7/31/68
8/15/68
5/31/68
8/ 31/68
6/ 30/68
9/30/68
10/ 1/68
10/ 24/68
7/31/68
10/ 31/68
11/15/68
11/15/68
* 8/ 31/68
11 / 30/68
10/ 24/68
r 9/ 30/68
112 / 31/68
10/ 24/68
10/ 31/68
,1/31/69
2/15/69
2/15/69
11 / 30/68
2/28/69
/ 12/ 31/68
^ 3/31/69
4/1/69
1/31/69
4/30/69
* 5/15/69
5/15/69
K
2/28/69
5/31/69
* 3/31/69
6/30/69
7/18/69
7/18/69
f 4/30/69
^ 7/31/69
8/15/69
5/31/69
I 8/31/69
6/30/69
9/30/69
f 10/1/69
< 10/1/69
1 10/1/69
10/1/69
6.059#
6 . 132#
1- 1/ 2#
5.976#
5.930#
6-3/8#
6- 1 / 2#
6.307#
6.270#
7.387#
7.342#
6.775#
7.202#
7.407#
7.313#
7-3/4#
5.543#
B ill
B ill
Note
B ill
B ill
Note
Note
B ill
B ill
B ill
B ill
B ill
B ill
B ill
B ill
Note
B ill
7.387#
7.340#
7.357#
7.350#
8#
7-3/4#
7-1/2#
1- 1 / 2#
B ill
B ill
B ill
B ill
Note
Note
Note
Note
-
_
_
_
_
-
_
_
_
_
-
-
rf.0/14/69
B ill
B ill
B ill
B ill
. 7.814# B ill
V o/29/69
7.975# B ill
-
11/25/69
8/31/69
- 11/30/69
^9/30/69
- 12/31/69
B ill
B ill
B ill
B ill
-
12/23/69
7.777#
7.591#
7.801#
7.561#
10/8/69
10/23/69
10/28/69
10/14/69
10/29/69
/ 7/31/69
^10/31/69
11/21/69
Footnotes at end of table.
7.284#
7.204#
7.244#
7.127#
-
-
3/24/69 - Tax ant. j?/
4/22/69 - Tax ant. J?/
4/30/69 - Reopening
7/31/69
8/15/74-B
V
5/31/69 - Reopening
8/31/69
6/30/69 - Reopening
9/30/69
10/1/73-E0
6/23/69 - Tax ant. j>/
7/31/69 - Reopening
10/31/69
5/15/70-B
6/
l l / l 5/74-A - Reopening
8/31/69 - Reopening
11/30/69
6/23/69 -T a x ant. 5/
(Reopening)
9/30/69 - Reopening
12/31/69
6/23/69 -.Tax ant. 5/
(Reopening;
10/31/69 - Reopening
1/31/70
5/15/70-C
6/
2/15/76-A
6/
11/30/69 - Reopening
2/28/70
"Strip" of 5
series
iy
"Strip" of 6
series
14/
12/31/69 - Reopening
3/31/70
4/1/74-E
A
1/31/70 - Reopening
4/30/70
8/15/70-D
y
5/15/76-B
2/28/70 - Reopening
5/31/70
3/31/70 - Reopening
6/30/70
12/22/69 - Tax ant. j>/
3/23/70 - Tax ant. j?/
4/30/70 - Reopening
7/31/70
2/15/71-D
6/
"Strip" of 7
series
17/
5/31/70 - Reopening
8/31/70
6/30/70 - Reopening
9/30/70
5/15/71-E
5/15/73-A
8/15/76-C
6/
10/1/74-E0
4/22/70
6/22/70
7/31/70
10/31/70
4/22/70
- Tax ant. j>/
- Tax ant. j>/
- Reopening
- Reopening
Tax ant. J?/
6/22/70 - Reopening
Tax ant. j>/
8/31/70 - Reopening
11/30/70
9/30/70 - Reopening
12/31/70
256d
285d
273d
365d
6y
270d
365d
273d
365d
Cash
4,210
4,026
1,841
2,945
28,368 7 /
1,599
2,592
242d
273d
365d
6m
272d
365d
203d
273d
365d
154d
273d
365d
3m
275d
365d
119.4d
(Average)
55.5d
(Average)
275d
365d
276d
365d
3m
_
5,414
501
4,870
1,000
45.O
d
(Average)
271d
365d
273d
365d
iy 7im
3y 7§m
6y 10im
5y
190d
236d
273d
365d
147d
2/
%
1,002
7,793
2,329
-
_
1,001
-
2,001
1,337
1,973
4,379
1,254
1,795
5,028
1,310
1,840
1,324
1,464
2,962
1,001
_
8,764
3,739
-
-
30
3,010
-
502
505
500
999
1,759
500
1,000
500
_
7,793i l j w
2,329J ^
100
-
_
8,764\ 22/
3,739
100
-
1,000
-
1,002
-
3,186
-
1,803
-
1,570
1,760
_
1,001
_
34
-
500
34
1,428
1,878
501
1,001
2,329
2,697
1,438
1,814
1,177
2,417
3,390
3,386
1,610
2,204
-
2,924
-
3,751
_
2,121
1,312
1,982
-
1,258
1,950
-
-
4,176
1,160
1,683
42
-
3,180
4,262
1,213
2,291
500
1,000
501
_
2,3291
,
2,697/ * *
_
1,201
-
-
1,763
1,752
500
-
_
-
1,202
500
2,924 16/
100
_
1,201
_
500
1,005
_
2,007
1*,176\
1,160 M B/
1,683]
42
-
_
3,004
500
1,003
1,007
2,494
_
2,914
-
1,504
-
273d
365d
273d
365d
1,522
2,249
501
_
1,001
-
_
1,002
1,003
1,645
100
-
208d
(Continued on following page)
8/
501
-
6m
Allot
ment
ratio
_
271d
365d
274d
365d
157d
248d
273d
365d
k/
1,001
_
-
5y
In exchange
(In million s of dollars0
2,015
2,003
500
-
30
-
_
7y
iy
For
cash
1,343
2,041
6,951
1,318
1,990
6y
iy
7y
Exchange
Amount issued 1 /
-
5y
iy
Amount of subscriptionsi tendered
500
-
100
M a y 19 71
35
PUBLIC
D E B T
O P E R A T I O N S
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or b i ll
tenders received
Issue
date
Period to final
maturity
(years, months,
days) 2/
Description of securities 1 /
f 10/31/69
7.724$ B ill
7.533$ Bill
-
1/31/70
2/2/70
f 2/15/70
< 2/15/70
^ 2/15/70
8-1/4$ Note
8- 1 / 8$ Note
8$
Note
_ 8/15/71-F
- 8/15/73-B
- 2/15/77-A
2/24/70
f 11/30/69
1 2/28/70
6.995$ B ill
6.932$ B ill
_
-
11/30/70
2/28/71
2/25/70
10/14/69
6.549$ Bill
_
4/22/70
3/19/70
3/26/70
6.177$ B ill
-
9/22/70
-
< 3/31/70
6 . 101$
6 . 132$
B ill
Bill
_
-
12/31/70
3/31/71
4/1/70
1 - 1 / 2$
Note
-
4/1/75-EA
^ 4/30/70
6.843$ Bill
6.814$ B ill
_
-
1/31/71
4/30/71
5/15/70
5/15/70
7-3/4$ Note
8$
Note
_ 5/15/73-A
- 2/15/77-A
3/24/70
f 12/31/69
10/
4/23/70
5/4/70
(
f
t
1/31/70
-
10/31/70
1/31/71
-
1/27/70
Reopening
271#
365d
1,200
_
-
_ Reopening
Tax ant. £ /
50d
3,404
_
1,753
_
Tax ant. 5/
I80d
5,627
-
1,758
-
1,614
1,904
_
-
1,201
-
-
8
-
8
1,001
_
-
1,200
Reopening
275d
365d
5y
_ Reopening
276d
365d
9m
-
ly
6m
10,743 2 /
3/31/70
^ 6/30/70
7.068$ Bill
7.079$ B ill
_
-
3/31/71
6/30/71
7/2/70
7/8/70
6.452$ B ill
-
3/22/71
-
Tax ant. £ /
7/16/70
7/23/70
6.540$ B ill
-
4/22/71
-
4/30/70
7/31/70
6.467$ Bill
6 . 380$ B ill
_
-
4/30/71
7/31/71
f 8/15/70
^ 8/15/70
7-3/4$ Note
7-3/4$ Note
-
2/15/74-C
8/15/77-B
8/5/70
1,725
_ Reopening 6/ 3y
- Reopening
6
y
2/28/71
5/31/71
f
6/
_ Reopening
4,741
-
2,516
273d
4,755
2,261
273d
365d
1,597
2,489
500
3y
7y
&
ly
_
-
6m
6m
8/25/70
Reopening
273d
365d
1,221
2,036
9/24/70
f
6/30/70
^ 9/30/70
6.237$ B ill
6.216$ B ill
6/30/71
9/30/71
_ Reopening
-
273d
365d
1 - 1 / 2$
Note
- 10/1/75-E0
5.970$
Bill
^11/15/70
10/27/70
f 7/31/70
^10/31/70
6.153$ Bill
6.072$ B ill
-
7/31/71
10/31/71
11/5/70
11/16/70
6-3/4$ Note
-
5/15/72-D
5.084$ B ill
5 . 010$ B ill
_
-
8/31/71
11/30/71
4.695$ Bill
-
’•Strip1 of 7
'
27/
series
Reopening
9/30/71
12/31/71
Reopening
4.949$ B ill
4.886$ B ill
“
1/21/71
f 2/15/71
\ 2/15/71
5-7/8$ Note
6-1/4$ Note
- 8/15/75-C
— 2/15/78-A
f 10/31/70
4.269$ Bill
4.249$ B ill
-
10/31/71
1/31/72
3 . 281$
Bill
-
"Strip" of 6
series
3.691$ B ill
3.675$ Bill
-
11/30/71
2/29/72
2/11/71
2/23/71
f 11/30/70
i 2/28/71
Footnotes at end of Table.
-
Reopening
22/
Reopening
3,141p
2,264p
1,202
_
-
3,141pl
2 ; 26 4 p j ^
190p 22/
3,l84p
501
1,204
1,170
1,721
_
_
-
501
-
31
-
31
5,593
-
2,515
-
4,507p
2,511p
_
-
4,507p I 9c /
2;5 u l
_
-
_
-
1,201
5,254p
-
2,037p
-
1,323
1,854
_
-
501
57d
3,560
1,404
2,952
100
_
_
273d
365d
(Average)
24/
_
1,202
100
_
-
274d
365d
4y
_
_
-
_
-
2,006
6m
Reopening
f 9/30/70
^12/31/70
V 1/31/71
9m
271d
365d
ly
6/
501
-
_
-
6m
_ Reopening
12/23/70
1/26/71
244d
3y
5y
1,200
-
Tax ant. £ /
10/23/70
11/25/70
I8,8l9p 2/
5y
7-1/4$ Note
7-1/2$ Note
f 8/31/70
^11/30/70
21/
_
-
6/
-
8/
-
Reopening
_ 5/15/74-D
- 8/15/76-C
100
-
Tax ant. £ /
5/31/71
8/31/71
11/24/70
500
/
_
-
257d
2/15/72-C
6/22/71
7,064
1,201
-
-
3,679
"
_
-
10/21/70
4,683p^l
3,307pJ
1,243
1,774
7-1/2$ Note
f 11/15/70
_
-
274d
365d
Reopening #
6.510$ B ill
6.396$ Bill
10/15/70
500
1,293
2,401
5/31/70
^ 8/31/70
10/1/70
-
100
500
272d
365d
8/17/70
10/
4,683p
3,307p
500
2,257
1,839 >12/
1.856 J
_
-
f
8/5/70
_
-
_
-
_
-
7/23/70
y
1,228
1,884
- 11/15/71-G
f
(In millions of dollars)
502
1,003
-
Allot
ment
ratio
In exchange
273d
365d
6m
6m
_ Reopening
7.353$ Bill
7.277$ B ill
6/23/70
For
cash
_
-
7-3/4$ Note
5/26/70
1,344
1,698
Exchange
2,257
1,839
1,856
5/15/70
(
Cash
Amount issued 2 /
_
-
ly
3y
2/28/70
^ 5/31/70
5/5/70
Amount of sub
scriptions tendered
1,222
_
-
6m
272d
365d
107.5d
(Average)
274d
366d
(Continued on following page)
1,285
501
1,200
2,105
_
-
501
1;201
7,680p
8, 386p
_
1,810
500
1,199
4,065
_
_
-
501
1,201
_
7,680p> 8 /
U
8,386pJi
_
-
1,204
1,442
2,194
26/
-
100
T rea su ry B u lletin
36
-
_________________________________________ . P U B L I C D E B T
O P E R A T I O N S __________________________________________________
Table PDO-4. - Offerings o f Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or b i ll
tenders received
Issue
date
Description o f securities 1 /
3/24/71
7/23/70
3.671# Bill
3/25/71
/l2/3l/7 0
^ 3/31/71
3.507# Bill
3.587# Bill
3.811# Bill
4/1/71
1/31/71
4/30/71
5/15/71
5/15/71
1-1/2# Note
3/31/71
10/
4/27/71
4/29/71
Period to final
maturity
(years, months,
days) 2/
4.403# Bill
4.422# B ill
5#
Note
5-3/4# Note
4/22/71
-
Source:
Bureau of the Public Debt.
1 / For b i ll issues, always sold at auction,the rate shown is the equiv
alent- average rate (bank discount basis) on accepted bids. Other
securities issued at par except those bearing footnote 6. For details
o f b i ll offerings see Table PDO-2.
2 / From date o f additional issue in case o f a reopening.
2/
In reopenings the amount issued is in addition to the amount of
original offering.
y
For securities exchanged for the new issues see Table PDO-7.
£/
Tax anticipation b i l l , accepted at face value in payment of income
taxes due an the 15th of the month in which the b ills mature.
6 / Price at which issued appears in Table PD0-5.
2 / Payment for subscriptions allotted could be m
ade in cash or in
Treasury bonds or notes maturing on the issue date o f the new security.
8 / Consists o f allotments paid for with Treasury bonds or notes maturing
an issue date of new security.
2 / As provided in the offering circular subscriptions were allotted in
fu ll (1) for States, p olitica l subdivisions or instrumentalities
thereof, public pension and retirement and other public funds,
international organizations in which the United States holds member
ship and foreign central banks and foreign states where the sub
scriber certified that it owned securities maturing August 15, 1968,
these totaled $0123 million, (2) for Federal Reserve banks and Govern
ment accounts, these totaled $4,811 million, ‘and (3) those for
$250,000 or less. All other subscriptions were allotted 18 percent
but in no case less than $250,000 .
10/ Exchange offering available to owners of nonmarketable 2-3/4# Treasury
bands, Investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasuiy Bulletin for April
1951, page A -l. Amounts shown are as o f April 30, 1971.
1 !/
Includes $5,336 million o f the 5-5/8# notes and $1,043 million of the
5-3/4# notes allotted to Federal Reserve banks and Government accounts.
12/ Includes $6,105 million of the 6-3/8# notes and $2,833 million of the
6-1/4# notes allotted to Federal Reserve banks and Government accounts.
12/ Sale of a "strip" o f Treasuiy b ills consisting of an additional $200
million of series maturing an April 30, M 31, June 30, July 31, and
ay
August 31, 1969.
15/
Includes $261 million o f the 6-3/8# notes and $473 million o f the 6-1/2#
notes allotted to Federal Reserve banks and Government accounts.
16/ Includes $125 million allotted to Federal Reserve banks and Government
accounts.
Cash
Exchange
Amount issued 2 /
For
cash
5,095
275d
366d
1,491
2,177
y
Allot
ment
ratio
500
1,200
128d
5,080
2,206
276d
366d
(Average)
In exchange
( In millions of dollars)
2,001
23d
Reopening
Tax ant. £ /
Reopening
12/31/71 3/31/72
"Strip" of 11
series
30/
4/1/76-EA
1/31/72 - Reopening
4/30/72
8/15/72
11/15/74 - Reopening 6/
Amount of sub
scriptions tendered
1,449
2,223
500
1,200
5y
ly 3m
3y 6m
17/
18/
19/
20/
21/
22/
23/
24/
25/
26/
27/
28/
29/
30/
21/
*
P
3,399p
3,2l6p
100
Sale* of a "strip" of Treasuiy b ills consisting of an additional $303
million of series maturing on September 18 and 25, and October 2, 9,
16, 23, and 30, 1969.
Includes $565 million of the 8# notes, $125 million of the 7-3/4#
notes, and $564 million of the 7-1/2# notes, allotted to Federal
Reserve banks and Government accounts.
Includes $292 million o f the 8-1/4# notes, $288 million o f the 8-1/8#
notes, and $458 million of the 8# notes, allotted to Federal Reserve
banks and Government accounts.
Includes $2,421 million of the 7-3/4# notes and $2,125 million of the
8# notes allotted to Federal Reserve banks and Government accounts.
All subscriptions were allotted in fu ll. Subscriptions for Government
accounts and Federal Reserve banks totaled $7,005 million.
Includes $151 million of the 2/15/74-C notes and $479 million of the
8/15/77-B notes allotted to Federal Reserve banks and Government
accounts.
This is amount of bonds and notes maturing August 15, 1970 exchanged
by Federal Reserve banks and Government accounts.
Subscriptions from the public for $200,000 or less were allotted in
fu ll and those above that amount were allotted 9-1/2# but not less
than $200,000.
Includes $842 million of the 7-1/4# notes and $811 million of the 7-1/2#
notes allotted to Federal Reserve banks and Government accounts.
Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 100.93 (yield 6.09#) down to 100.69 (yield 6.26#).
Sale o f a "strip" of Treasury b ills consisting o f an additional $301.
million of series maturing on Januaiy 7, 14, 21, and 28, and Februaiy
4, 11, and 18, 1971.
Includes $2,319 million of the 5-7/8# notes and $2,722 million of
the 6-1/4# notes allotted to Federal Reserve banks and Government
accounts.
Sale of a "strip" of Treasuiy b ills consisting of an additional $201
million of series maturing on M 27, June 3, 10, 17, and 24, and
ay
July 1, 1971.
Sale of a "strip" of Treasury b ills consisting o f an additional $201
million of weekly series maturing from July 8 through September 16, 1971.
Includes $1,457 million of the 5# notes and $1,047 million of the
5-3/4# notes allotted to Federal Reserve banks and Government accounts.
Less than $500,000.
Preliminary.
M ay 19 71
37
PUBLIC
D E B T
OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
Date of
financing
Description of securities
Amount issued
(In millions)
Average price
per hundred
Effective
interest
rate
Eligible securities exchanged
1971
5-1/4#
Note
8/15/66
5/15/71-A
{
j" 5/15/62
3-7/8#
Bond
11/15/71 2/
1,204
41
12/15/62
7-3/4#
Note
41
3,679p
909p
6,156p
5/15/70
11/15/71-G
$517
584
586
1,687
465™
284
455
4-3/4#
Note
5/15/72-B
5/15/67
6-3/4#
1973
7-3/4#
Note
5/15/72-D
11/16/70
10,743p
1,777
54
174
2,006
lOp
I80p
{ ' 3,l84p
3,374p
446
308
837
213
1,804
2,037p
5/15/70
3,497p
l,l86p
22
4-3/4#
7-1/2#
Note
Note
Note
2/15/72-A
2/15/67
8/17/70
2/15/72-C
11/15/73-A 2 /
(
{
$100.10
100.35
100.55
5 . 23#
5.17
5.12
4-3/4#
4#
3-3/8#
Cert.
Note
Bond
-
11/15/66-A
11/15/66-E
11/15/66
99.50
99.50
99.50
3.94
3.94
3.94
3#
4#
2-1/4#
Cert.
Note
Band
-
5/15/62-A
5/15/62-E
6/15/62
99.50
99.50
3.94
3.94-
1/
99-95
99.95
99.95
7.79
7.79
7.79
1/
5- 5/ 8?
6- 3/ 8%
99.625
99.625
99.625
4.84
4.84
4,84
1/
99.95
99.95
99.95
Series F & G savings
Note
Note
-
3-5/8?
4?
Note
Note
-
7.54
7.54
7.54
6-3/8?
4?
1/
Note
Bond
.
100.10
99.70
100.15
99.80
4.73
4.82
4.72
4.80
2-1/2$
5-1/4?
3-3/4?
4-7/8?
Bond
Cert.
Note
Note
.
99.76
6.21
1/
99.40
99.40
7.93
7.93
5-5/8?
6-3/8?
Note
Note
_
Bond
5/15/74
5/15/65
5-5/8#
Note
8/15/74-B
8/15/68
3-7/8#
1975
5-3/4#
Bond
Note
11/15/74
2/
2/15/75-A
1976
6-1/4#
Note
Footnotes at end of table.
2/15/76-A
2/15/69
-
-
_
2/15/67-B
2/L5/67-C
8/15/70-D
8/15/70
6/15/67
8/15/67-A
8/15/67-A
8/L5/67-E
5/15/70-B
5/15/70-C
(
732
1,329
2,062
100.25
100.25
4.22
4.22
4-5/8?
3-7/8?
Note
Note
5,414
4,442
428
99.62
99.62
99.62
5.70
5.70
5.70
1/
4-1/4?
3-3/4?
Note
Bond
-
10,284
517
(.
11/15/61
2/15/68
-
5/15/70-B
5/15/70-C
'
4,683p
1974
4-1/4#
-
99.00
3.97
2-1/2?
Bond
-
11/15/61
_
8/15/68-C
8/15/68
11/15/68-D
11/15/68
5.73
5.73
5.73
5.72
4-1/4?
3-3/4?
5-1/4?
3-7/8?
Note
Bond
Note
Bond
3,037
{
507
1,107
929
433
2,977
99.40
99.15
99.85
98.85
99.75
99.75
6.29
6.29
5-5/8?
4?
Note
Band
702
C3,739
(Continued on following page)
~
-
-
“
5/15/65-A
5/15/65-C
8/15/68-C
8/15/68
2/15/69-A
2/15/69
38
T rea su ry B u lletin
.PUBLIC D E B T
O P E R A T I O N S
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations - (Continued)
Description of securities
Average price
per hundred
Effective
interest
rate
$99.50
99.50
99.50
7.61#
7.61
7.61
1-1/2# Note 4#
Bond 2-1/2# Bond -
100.50
7.48
5#
Note -
l l / 15/ 70-A
752p
L 1 ,512p
2,264p
99.75
99.75
7.80
7.80
6-3/8# Note 4#
Bond -
8/15/70-D
8/15/70
j 1/23/59
,
884
(12/15/62
{
34
99.00
99.50
99.50
4.07
4.04
4.04
1/
Series F & G savings bonds
1/
100.50
3.22
1/
101.00
101.00
101.00
4.19
4.19
4.19
4#
Note 3-1/4# Note 1/
Date of
financing
Amount issued
(In millions)
Eligible securities exchanged
1976
r
r 10A/69
7-1/2# Note
8/15/76-C
1,683
2,511p
u.1 / 15/70
1977
7-3/4# Note
8/15/77-B
8/15/70
$2
1,109
V
.
571
\
f
10/l/69-E0
10/1/69
12/15/64-69 2/
1980
4#
Bond
2/15/80 2 /
34
1985
5/15/85
6/3/58
8/15/87-92 2 /
8/15/62
Bond
2/15/88-93
1/17/63
250
99.85
4.01
1/
1989
4-1/8# Bond
5/15/89-94
4A8/63
300
100.55
4.09
1/
3-1/4# Bond
1987
4-l/4# Bond
1988
4#
3
J
2/
2J
1,135
f
L
Issued for cash.
Additional issue.
To adjust for market value of bonds, subscribers were paid $2.20 per
;
360
365
*
p
$1,000 face value exchanged.
less than $500,000.
Preliminary.
8/15/62-B
8/15/62-G
39
M ay 19 71
PUBLIC D E B T
O P E R A T I O N S .
Table PDO-6 - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Treasury Bills
1/
(In millions of dollars)
Allotments by investor classes
Date of
financ
ing
8/15/68
/o'i /AO
rt
±u/ <p/ D
Description of securities
5- 5/ 8#
Note -
8/15/74-B 8/ 5,414
Note _ 5/15/70-B Q>
\>-3/4% Note - 11/15/74-A 2/
/ 5- 5/ w
_
Amount issued
In
exchange
for
For
cash other
securi
ties
_
-
_
U.S. Gov
ernment
accounts
and
Federal
Reserve
Banks 2/
Com er
m
cial
banks
Indi
vidu
als
y
k/
Insur Mutual Corpo
ance
sav
rations
compa ings
banks y
nies
Private
pension
and re
tirement
fund
State and local
governments 6 /
Pension
and re
Other
tire
funds
ment
funds
21
158
Dealers
and
brokers
All
other
1/
4,870
4,811
2,474
434
83
180
330
55
974
764
7,793
2,329
5,336
1,043
1,351
786
128
23
71
25
14
11
61
180
17
1.
55
9
154
24
243
180
364
47
8,764
3,739
6,188
2,833
1,435
551
199
53
51
12
53
7
101
12
31
13
3
2
253
11
147
159
303
87
89
159
3
4
1
2
160
49
174
570
282
87
o /i /Aa
A -3 /8 *
[6-1/4%
Note
Note -
5/L5/70-C
2 /15/76-A
-
*»/i c; / aq
2/±y/07
(6-3/8%
[6-1/2%
Note _ 8/15/70-D
Note - 5/15/76-B
-
2,329
2,697
264
473
1,215
1,245
95
39
24
41
22
28
-
2,924
125
1,438
301
38
52
62
31
6
150
537
184
4,176
1,160
1,683
564
125
564
2,111
660
476
217
87
96
65
23
29
42
8
8
254
12
31
15
4
8
11
3
11
276
37
24
240
136
380
381
65
56
2,257p
l,839p
l,856p
292
288
458
1,175
942
746
85
51
48
47
17
38
20
17
14
169
76
47
7
3
6
6
2
13
125
97
77
86
241
345
245
105
64
7,064p
4,683p
3,307p
7,005
2,421
2,125
2,352
1,442
819
391
171
53
7
23
7
15
28
19
34
33
6
8
6
10
1
1
2
297
90
55
270
157
146
363
311
65
3,141p
2,264p
150
479
1,929
967
166
74
38
29
38
22
62
35
6
20
2
6
167
47
335
513
248
72
190p
190
1,664
656
13
43
78
18
3
110
269
318
4,511p
2,512p
838
811
2,481
1,033
292
94
44
24
37
10
61
40
13
7
4
2
193
22
343
392
205
77
-
1,593
119
2
4
11
3
*
4
198
104
2,319
2,722
3,586
3,122
235
431
77
116
34
90
91
98
22
133
8
123
260
496
714
631
334
424
8/15/69
7-3/4% Note -
2/15/71-D
_
10/1/69
Note _ 5/15/71-E
<7-3/4? Note - 5/15/73-A
V7-1/2? Note - 8/15/76-C
-
2/15/70
jS-l/4%
<8-1/8%
\8%
Note _ 8/15/71-F
Note - 8/15/73-B
Note - 2/15/77-A
-
5/15/70
fs%
8/17/70
_
3,679p
f7-3A% Note _ 11/15/71-G
\7-3/4% Note - 5/15/73-A 2/
\8#
8/15/70
_
Note -
(7-3/4%
[7-3/4%
Note _ 2/15/74-C
Note - 8/15/77-B
7-1/2 % Note -
iil/i s /aJ
r\
± /xy/ n
J
(7-1/4%
[7-1/2%
11/16/70
6-3/4%
0/\ An
~
(5-7/8%
[6-1/4%
2/L5/77-A 2/
2/15/72-C
Note _ 5/15/74-D Q/
Note - 8/15/76-C 2/
Note Note
Note
_
5/15/72-D
8/15/75-C
2/15/78-A
-
_
3,172p
_
2,038p
_
—
7,680p
8,386p
Source: Based on subscription and allotment reports. For detail of
offerings see Table PDO-4.
1/ Excludes 1-1/2$ Treasury notes issued in exchange to holders of n i
o tmarketable 2-3A # Treasury bonds, Investment Series B-1975-80.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/ Includes trust companies and stock savings banks.
l j Includes partnerships and personal trust accounts.
2 / Exclusive of banks and insurance companies.
6/ Consists of trust, sinking, and investment funds of State and local
governments and their agencies.
7/ Includes savings and loan associations, nonprofit institutions, and
investments of foreign balances and international accounts in this
country. Also included are certain Government deposit accounts and
Government-sponsored agencies.
8/ Offerings subject to allotment, were made for the purpose of paying
off maturing securities in cash. Holders of the maturing securities
were not offered preemptive rights to exchange their holdings but
were permitted to present them in payment of exchange, in whole or
in part, for the new issues.
2/ Reopening of earlier issue.
*
Less than $500,000.
p
Preliminary.
40
T rea su ry B u lletin
PTTRT.Tf! D E B T
O P E R A T I O N S
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury B ills Other than Regular Weekly Series
(in millions o f dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
(Percent)
5.342
5.310
One-yea^
series’
9-month
series
1/
Tax antici
pation
series
Other
series
5.446
5.401
f 8/31/69
^11/30/69
5.693
5.567
1,001
12/2/68
6/23/69
208
230
42
388
113
260
203
211
11
22
146
378
28
130
-
2,979
3
*
28
150
250
227
94
*
5
106
512
19
141
505
1^0
240
182
318
1
7
174
341
8
95
1,995
-
-
6
101
200
200
300
*
11
179
372
20
116
-
1,755
2
*
2
170
264
229
378
1
30
62
183
38
145
200
222
201
309
2
25
75
359
22
86
-
889
1
*
112
174
280
72
299
1
36
212
232
42
154
170
300
188
177
*
23
123
323
19
178
178
282
137
217
11
10
140
341
34
150
122
292
151
244
*
6
214
554
13
105
1,733
1,722
1
3
*
*
29
27
1,002
11/30/68
11
24
500
f 7 /31/&
^ 10/ 31/69
124
335
5.178
10/31/68
116
23
500
6/23/69
14
141
1,001
10/24/68
235
208
500
5.202
5.108
1
71
501
" 6/30/69
9/30/69
90
301
500
9/30/68
160
280
1,000
5.489
1,001
3,010
2,001 i /
-
500
12/31/68
f 9/30/69
^12/31/69
6.483
6.412
1/20/69
6/23/69
5.940
1/31/69
f 10/31/69
^ 1/31/70
6.195
6.144
1,000
2/28/69
f 11/30/69
2/28/70
6.307
6.235
1,000
999
1,759 i /
1,002
5.907
f l 2/31/69
^ 3/31/70
6.059
6.132
1,001
f 1/31/70
4/30/70
5.976
5.930
1,001
5/31/69
f 2/28/70
5/31/70
6.307
6.270
1,000
6/30/69
r 3/ 31/70
\ 6/ 30/70
7.387
7.342'
1,201
7/18/69
^12/22/69
3/23/70
6.775
7.202
7/31/69
4/30/70
[_ 7/31/70
7.407
7.313
1,202
f 5/31/70
^ 8/31/70
7.387
7.340
1,201
9/30/69
f 6/30/70
\ 9/30/70
7.357
7.-350
1,005
10/14/69
4/22/70
7.284
10/29/69
6/22/70
7.204
10/31/69
f 7/31/70
\ 10/31/70
7.244
7.127
11/26/69
r 4/ 22/70
t 6/ 22/70
7.014
7.975
11/30/69
f 8/31/70
^11/30/70
7.777
7.591
1,001
12/31/69
r 9/ 30/70
^ 12/ 31/70
7.801
7.561
1,002
Footnotes at end of table.
All
other i j
500
5.245
5.151
8/31/69
1/
Dealers
and
brokers
502
' 5/31/69
8/31/69
4/30/69
Corpo
rations
501
8/31/68
3/31/69
Com er
m
cial
banks
501
/ 4/30/69
\ 7/31/69
6/
U.S. Govern
ment accounts
and Federal
Reserve
Banks 2 /
500
7/31/68
3/3/69
Allotments by investor classes
1,763
1,752
-
500
150
367
171
349
1
12
168
391
10
83
500
180
348
190
427
12
7
97
309
21
110
500
75
350
139
322
1
8
266
190
19
135
-
2,004
-
-
3
2,007
-
2,971
-
-
33
125
312
161
128
#
11
201
450
13
102
-
1,002
1,497
-
-
5
7
501
139
287
61
228
*
27
254
336
47
123
500
116
259
157
305
10
2
194
318
23
118
3,004
500
1,003
1,007 i /
1,504 V
(Continued on following page)
41
M a y 1971
PUBLIC D E B T
OPERATIONS.
Table PDO-6. - Allotments by Investor Classes on Subscripti ns for Public Marketable Securities
Part B. - Treasury B ills Other than Regular Weekly Series - (Continued)
(In millions of dollars)
Total amount issued
Date of
maturity
Date of
financing
Average
rate
One-year
series
9-month
series
1/
Tax antici
pation
series
Other
series
Allotments by investor classes
U.S. Govern
ment accounts
and Federal
Reserve
Banks 2/
Com er
m
cial
banks
Corpo
rations
1/
Dealers
and
brokers
All
other y
(Percent)
502
200
328
77
215
16
U
184
266
25
180
500
150
269
106
151
11
2
201
600
32
178
-
1,745
-
-
8
f 10/31/70
^ 1/31/71
7.724
7.533
1,003
f 11/30/70
^ 2/28/71
6.995
6.932
1,200
3/3/70
4/22/70
6.549
1,753 i /
3/26/70
9/22/70
6.177
1,758
f 12/31/70
3/31/71
6.101
6.132
1,201
1/31/71
4/30/71
6.843
6.814
1,200
2/23/71
V 5/31/71
7.353
7.277
1,200
3/31/71
^ 6/30/71
7.068
7.079
1,201
3/22/71
6.452
7/23/70
4/23/71
6.504
7/31/70
f 4/30/71
7/31/71
6.467
6.380
1,202
8/31/70
f 5/31/71
^ 8/31/71
6.510
6.396
1,204
f 6/30/71
^ 9/30/71
6.237
6.216
1,202
10/21/70
6/23/71
5.970
10/31/70
f 7/31/71
\^10/31/71
6.153
6.072
1,201
11/30/70
f
8/31/71
1^11/30/71
5.084
5.010
1,201
12/31/70
f 9/30/71
4 949
*.
4.886
1,201
1/31/72
4.269
4.249
1,199
2/28/71
/11/30/71
2/29/72
3.691
3.675
1,201
3/30/71
4/22/71
3.671
3/31/71
f 12/31/71
\ 3/31/72
_
3.507
3.587
1,200
f 1/31/72
4.403
4.422
1,200
1/31/70
2/28/70
3/31/70
4/30/70
f
5/31/70
f
6/30/70
f
7/8/70
9/30/70
1/31/71
4/30/71
I 12/31/71
f 10/31/71
^ 4/30/72
-
1,749
-
-
9
500
126
279
133
317
1
21
194
438
47
146
500
125
336
176
303
*
2
170
398
29
161
500
125
315
141
179
12
22
164
546
58
138
501
125
333
145
324
6
19
170
396
55
129
-
2,483
-
-
33
-
2,517
2,261
2,256
-
-
5
500
170
447
49
59
20
17
252
41
9
638
501
156
414
160
216
11
15
159
454
15
105
501
100
383
224
250
5
22
153
446
19
101
-
2,510
-
-
5
501
162
409
167
304
1
17
152
358
19
113
501
125
317
160
339
10
38
188
419
18
88
501
150
373
211
211
11
12
119
560
10
45
500
200
377
13*3
246
11
26
119
393
37
157
501
205
427
137
310
10
21
123
385
26
58
-
798
11
1,180
12
500
200
498
127
209
6
34
162
414
5
45
500
252
562
65
233
*
7
10
360
173
38
2,515
2,001 y
Source: Based on subscription and allotment reports. For detail of
offerings see Table PD0-4.
1/ Reopening of one-year series.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept,
j / Exclusive of banks and insurance companies.
jJ Included with a ll other investors are certain Government deposit ac
$/
6/
*
counts and Government-sponsored agencies, formerly included with
Government investment accounts.
Reopening of earlier issue.
Offering consists of a "strip" of additional #200 million each of b ills
maturing April 30, M 31, June 30, July 31, and August 31, 1969.
ay
Less than #500,000.
42
T reasury B u lletin
PUBLIC D E B T
OPERATIONS.
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
Called or maturing securities 1 /
Date of
refunding
or retire
ment
Description
Disposition offers
by Treasury
Issue
date
Amount
out
standing
1,001
501
5,936
2,640
8,576
1,000
500
1,000
500
5,936
2,640
8,576 t j
i,oool3/
500W
115
1,002
500
7/31/68
7/31/68
8/15/68-C
8/15/68
7/31/67
7/31/67
5/15/67
4/18/62
B ill
B ill B ill _
B ill Note B ill _
B ill -
8/31/68
8/31/68
9/30/68
9/30/68
10/1/68-E0
10/31/68
10/31/68
8/31/67
8/31/67
9/30/67
9/30/67
10/1/63
10/31/67
10/31/67
Note -
11/15/68-D
5/15/67
11/15/68
9/15/63
Bond -
12/15/68
12/1/42
B ill
B ill Bond B ill _
B ill B ill _
B ill -
11/30/68
11/30/68
12/15/68
12/31/68
12/31/68
Total.
8/31/68
9/30/68
10/1/68
10/31/68
11/15/68
Cash
Exchange
Ex
retire
security
changed
offered
ment
(in millions of -dollars )
8,984
Bond -
8/15/68
Total.
‘ i
s
12/15/68
4,442
428
4,870
1,494
2,212
3,706.2/
8,984
6,663
1,682_
638
1,158
1,158
346
1,787
1,787
564
247
565
12/31/68
1/31/69
2/15/69
10,122
985
6,737
3,037-
964
1/31/69
1/31/69
11/30/67
11/30/67
12/1/42
12/31/67
12/31/67
1/31/68
1/31/68
2/15/69-A
11/15/67
10,738
10,738
2/15/69
8/15/62
3,728
3,728
14,466
14,466
3/24/69
5.
3/31/69
4/1/69
4/22/69
4/30/69
5/15/69
I
£
I 5.
V
6/15/69
2-
6/23/69
6/30/69
7/31/69
t
I
I
8/15/69
Footnotes at end of
2,026
702
1,000
1,96T
5/15/69-B
_
_
_
4/1/64
7/11/68
4/30/68
4/30/68
4/30/68
2.015
1,000
500
61
2.015
1,001
500
200
1,0 021 /
500/^
2.015 6 /
1,000*1/
500^
61
2.015 6 /
l.o o n
500 W
200/
2/21/68
4,277
-
4,277
2,541
-
2,541
-
6,818
5,026
826
5/15/68
3,366
3,366
2,924
442
Bond -
6/15/69
4/15/43
B ill
B ill
B ill
Bond
B ill
B ill
B ill
B ill
B ill
B ill
B ill
B ill
B ill
5/31/69
5/31/69
5/31/69
6/15/69
6/23/69
6/23/69
6/23/69
6/30/69
6/30/69
6/30/69
7/31/69
7/31/69
7/31/69
5/31/68
5/31/68
5/31/68
-
_
_
_
-
_
-
Note -
4 8/15/69-C
Table PDO-8 .
8/15/74-B
5-5/8# Note 5-3/4# Note 5-5/8# Note 5-3/4# Note 5-5/8# Note 5-3/4# Note 7,793 of 5-5/8# Note
2,329 of 5-3/4# Note
B-1970
A-1974
B-1970
A-1974
B-1970
A-1974
6-3/8# Note 6- I / 4# Note 6-3/8# Note 6- I / 4# Note 8,764 of 6-3/8# Note
3,739 of 6-1/4# Note
C-1970
A-1976
C-1970
A-1976
6-3/8# Note 6-1/2# Note 6-3/8# Note 6-1/2# Note 2,329 of 6-3/8# Note
2,697 of 6-1/2# Note
D-1970
B-1976
D-1970
B-1976
7-3/4# Note
D-1971
l,002Tk
501 h /
20OT
6/30/68
6/30/68
6/30/68
7/31/68
7/31/68
7/31/68
1,002
501
200
966
3,010
2,001
1,759
1,002
501
200
1,001
502
200
2/29/68
2/29/68
7/11/68
3/31/68
3/31/68
Total.
5/33/69
(
6,818
-
2/28/69
2/28/69
3/24/69
3/31/69
3/31/69
4/l/69-EA
4/22/69
4/30/69
4/30/69
4/30/69
Note -
2/28/69
1,002
500
5-5/8# Note -
i,ooo\ /
500J-^
822
1,000"
500
1,000*
500
1,000
500
822
1,000
500
1,000
500
B ill
B ill
B ill
B ill
B ill
Note
Bill
B ill
B ill
B ill
400
11,929
11,929
Total.
}
1,00013/
500 W
Note -
I
Turned
in for
cash 2 /
H
Bond -
11/30/68
Description of new
securities offered
(See also Table PDO-4)
115
1,002V
w
500J-
B ill
B ill Note _
Bond -
7/31/68
Results of ex
change offers
4/15/43
10/ 24/68
10/ 24/68
10/ 24/68
12,502
826
966
3 11 ,
'00
2,00116/
1,75<V
1SW
20QJ
i,oori
502 >2/
2ocy
-
(Continued on following page)
M ay 19 71
43
PUBLIC D E B T
O P E R A T I O N S
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing securities 1 /
Date Of
refunding
or retire
ment
Description
9/30/69
5.693$
5.907$
5.108$
6.4^3$
1-1/2$
10/1/69
-
8/31/69
8/31/69
8/31/69
9/30/69
9/30/69
10/1/69-E0
Bond -
('5.151%
8/31/69
Issue
date
10/1/69
B ill
B ill
B ill
B ill
B ill
Note
Disposition offers
■ y Treasury
b
Amount
out
standing
Results of ex
change offers
Exchange
Cash
Ex
retire
security
changed
offered
ment
(In millions of dollars)
1,000^
8/31/68
8/31/68
8/31/68
9/30/68
9/30/68
1,000
505
200
1,001
500
10/1/64
159
159
10/1/57
6,240
6,240
12/15/69
9/15/43
505 b/
1' 001V
500
(
s}
]
2,484
2,484
8,883
8,883
571J
7,020
12/31/69
1/31/70
9/15/43
7/18/69
673
1,763
673'
1,763 6 /
6.412$ B ill
B ill
12/31/69
12/31/69
12/31/68
12/31/68
999
501
999^3/
501j 2'
6.144$ B ill
5.976$ Bill
1/31/70
1/31/70
1/31/69
1/31/69
1,000
500
1,000^ 3 /
2/15/70
1/15/65
4,381
4,381
3/15/70
2/1/44
2,280
2,280
6,661
5,952
1,190
5.401$
6.195$
^5.567$
6.307$
2-1/2$
6.775$
B ill
B ill
B ill
B ill
Bond
B ill
{ 6.059$
50foJ
408
2/15/70
( i
408
3/31/70
4/1/70
4/22/70
4/30/70
2/1/44
7/18/69
3/31/69
3/31/69
4/1/65
10/14/69
10/34/69
10/14/69
4/30/69
4/30/69
1,000
500
301
1.752
1,001
501
88
2.007
1.007
1.753
1,001
500
Note -
5/15/70
11/15/68
7,793
7,793
3,497pl
^2,671p|
l,625p
^6-3/8$
3/15/70
3/23/70
2/28/70
2/28/70
3/15/70
3/23/70
3/31/70
3/31/70
4/1/70-EA
4/22/70
4/22/70
4/22/70
4/30/70
4/30/70
Note -
5/15/70
2/15/69
8,764
8,764
1,186I
636 r
6,942p
16,557
16,557
7,990p
8,567p 7 /
6.235$
6.307$
2-1/2$
7.202$
6.132$
7.387$
1-1/2$
7.284$
7.814$
( 6.549$
5.930$
( 7.407$
B ill
B ill
Bond
B ill
B ill
B ill
Note
B ill
B ill
B ill
B ill
B ill
2/28/69
2/28/69
5/31/70
6/22/70
6/j$0/70
7/31/70
8/15/70
6.270$ B ill
7.387$ B ill
"7.204$ B ill
7.976$ B ill
'7.342$ Bill
7.357$ B ill
‘ 7.313$ B ill
7.244$ B ill
6-3/8$ Note 4$
8/31/70
Bond -
Total..
7.340$ B ill
7.777$ B ill
Footnotes at end of Table PDO-8 .
5/31/70
5/31/70
6/22/70
6/22/70
6/30/70
6/30/70
7/31/70
7/31/70
5/31/69
5/31/69
10/29/69
10/29/69
6/30/69
6/30/69
7/31/69
7/31/69
1,000
500
8/15/70
5/15/69
501
8/15/70
6/20/63
8/31/69
8/31/69
6,458
1,201
501
2,257 of 8-1/4$ Note
1,839 of 8-1/8$ Note
1,856 of 8$
Note
6/
l,0 0 ll 3 /
500j 2'
7-3/4$ Note Note 7-3/4$ Note r
Note
4,683p of 7-3/4$ Note
3,307p of 8$
Note
A-1973
A-1977
A-1973
A-1977
7-3/4$ Note
7-3/4$ Note
-
C-1974
Note Note of Note C-1974
of Note B-1977
C-1974
1,000 I
500J 2/
3,0041
1 , 504/
1,2011 3 /
5 0 0 '^
1,2021 3 ,
500 J -27
286p
2,329
501
l,850n
1,512d
767p
6,458
1,201
1,29 lpl
752d
4,129
4,129
8/31/70
8/31/70
-
F-1971
B-1973
A-1977
F-1971
B-1973
A-1977
1/
2,329
3,004
1,504
1,201
500
1,202
500
-
1,752 6 /
1,001
5/15/70
Total.
8-1/4$ Note
8-1/8$ Note
Note
8-1/4$ Note
8-1/8$ Note
8$
Note
1,000 I
500 I
301
-
r 5- 5/ 8$
2/28/70
E-1971
A-1973
C-1976
E-1971
A-1973
C-1976
E-1971
A-1973
C-1976
1,002
500
l,00 l'
500
6,661
12/15/69
12/22/69
1,002
500
1,001
500
2-1/2$ Bond
11/30/69
10/31/69
10/31/69
11/30/69
11/30/69
12/15/69
12/22/69
10/31/68
10/31/68
11/30/68
11/30/68
$
Note 7-3/4$ Note Note $
Note 7-3/4$ Note 7-1/2$ Note Note 7-3/4$ Note 7-1/2$ Note **4,176 of 8$
Note
1,160 of 7-3/4$ Note
1,683 of 7-1/2$ Note
l7-1/2$
1,097
s
Bond
10/31/69
92
r 3, 16^
I
Total.
Description of new
securities offered
(See also Table PDO-4)
200 J
u
2-1/2$ Bond -
Turned
in for
cash 2 /
5,405p
l,053p 8 /
1/
(Continued on following page)
7-3/4$
7-3/4$
’ 3,141p
2,264p
B-1977
B-1977
44
T reasury B u lletin
PUBLIC
D E B T
O P E R A T I O N S
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing securities l /
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
9/23/70
6.177# B ill -
9/23/70
3/26/70
1,758
9/30/70
/7.350# B ill \7.80I# B ill -
9/30/70
9/30/70
9/30/69
9/30/69
1,005
500
10/1/70
1-1/2# Note -
10/1/70-E0
10/1/65
113
10/31/70
/ 7 . 127# B ill |7.724# B ill -
10/31/70
10/31/70
10/31/69
10/31/69
11/15/70
5# Note -
ll/15/70-A
J6.995# B ill -
12/31/70
/7.561# B ill
^6.101# B ill
1/31/71
f 7.533# B ill
\ 6,843# B ill
exDisposition offers
Results o f •
change offers
by Treasury
Turned
Cash
Exchange
Ex
in for
retire
security
changed
ment
cash 2/
offered
(In millions of dollars)
_
1,758 6 /
l,0 0 5 i /
500)J/
-
-
_
113
-
-
-
1,003
502
i,o o jL /
502J
-
-
-
2/15/66
7,675
-
11/30/70
11/30/70
11/30/69
11/30/69
1,001
500
1 , 001! /
500p
-
12/31/70
12/31/70
12/31/69
12/31/69
1,002
500
1 , 002V ,
-
1/31/71
1/31/71
1/31/70
1/31/70
5-3/8# Note -
2/15/71-C
7-3/4# Note -
[7.591% B ill
7,675
7,018p
657p
-
-
50 *
0J
-
-
1,003
500
1,003\3 /
-
-
8/30/67
2,509
-
2,509
f 1,065?^
\1.094PJ
350p
2/15/71-D
8/15/69
2,924
-
2,924
fl,022p'l
V l>325pJ
577p
2-1/2# Bond -
3/15/71
12/1/44
1,219
-
1,219
f
\
3Uv\
6341J
-
5-8/8# Note -
11/15/71-B
11/15/66
1,734
-
1,734
f
\
433Pj
m v\
-
7-3/4# Note -
11/15/71-G
5/15/70
10,743
-
10,743
3-7/8# Bond -
n / 15/71
5/15/62
2,760
-
2,760
4-3/4# Note -
2/15/72-A
2/15/67
2,006
-
7-1/2# Note -
11/30/70
Description of new
securities offered
(See also Table PD0-4)
2/15/72-C
8/17/70
3,375
2/15/72
11/15/62
500j2/
f 2,435p!
f$4,507p of 7 3/4# Note D-1974
J$2,511p of 7 1/2% Note C-1976
-
f 5-7/8# Note
-
C-1975
A-1978
-
C-1975
A-1978
-
C-1975
A-1978
^ 6-1/4# Note
-
C-1975
A-1978
f 5-7/8# Note
\ 6-1/4# Note
-
C-1975
A-1978
f 5-7/8# Note
-
C-1975
A-1978
^ 6-1/4# Note
-
C-1975
A-1978
\ 6-1/4# Note
f 5-7/8# Note
I 6-1/4# Note
f 5-7/8# Note
^6-1/4# Note
f 5-7/8# Note
f
{
891p^
78ljj
-
2,006
f
597p\
607pJ
-
-
3,375
(
390?^
303i>
J
-
f 5-7/8# Note
16-1/4# Note
-
C-1975
A-1978
2,344
-
2,344
(
634pl
729pJ
-
f 5-7/8# Note
i 6-1/4# Note
-
C-1975
A-1978
-
29,614
<
4#
Bond
2/28/71
f 6 .932# B ill
l^7.353# B ill
-
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# B ill
-
3/22/71
7/8/70
f 6.132# B ill
\ 7.068# B ill
-
3/31/71
3/31/71
4/1/71
1-1/2# Note
-
4/22/71
f 6.504# B ill
13.671# B ill
4/30/71
f 6.814# B ill
16.467# B ill
3/31/71
-
29,614
2/15/71
\ 2,479pj
1,200
500
1 , 206L /
500|-
-
^
I
16,066p
-
f 5-7/8# Note
f 7,680p of 5-7/8# Note
\^8,386p of 6-1/4# Note
-
271p
-
-
-
2,517
2,517 V
-
-
-
3/31/70
3/31/70
1,201
501
l,2 0 lL /
-
4/1/71-EA
4/1/66
35
-
4/22/71
4/22/71
7/23/70
3/30/71
-
4/30/71
4/30/71
4/30/70
4/30/70
271p
501j2/
-
35
-
2,261
2,001
2' 261V
2,001f£/
-
1,200
500
1,200L/
500p 7
-
-
-
-
f 5#
Note
\5-3/4# Note
-
E-1972
A-1974
1,183p
(5%
Note
(5-3/4# Note
-
E-1972
A-1974
1,826p
(?>, 399p of 5# Note
\3,2l6p of 5-3/4# Note
4,265
643p
5/15/71-A
8/15/66
4,265
1.8#
-
5/15/71-E
10/1/69
4,176
-
4,176
fl,628p"l
y l , 365pJ
8,442
-
8,442
6,615p
5/15/71
Footnotes at end of Table PDO-8 .
-
fl,771p\
\jL,851pJ
-
Total.............. «...
-
-
p - l / 4 # Note
Note
927p
I 6-1/4# Note
45
M a y 1971
PUBLIC D E B T
O P E R A T I O N S .
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
______ (Payable in U.S. Dollars)___________
Amount
Month of
activity
Issue
date
Securities
Maturity
date
Interest
•rate
Retired
(Percent)
Notes
1968-July.
C Certificates o f indebtedness
Notes
Aug.
Sept.
( Certificates of indebtedness
Certificates o f indebtedness
{
5/13/68
7/1/68
7/2/68
' 4/26/68
4/30/68
5/29/68
6/5/68
6/6/68
6/7/68
6/18/68
6/ 19/68
6/20/68
6/24/68
6/ 27/68
7/1/68
7/2/68
7/9/68
7/l°/68
7 / 16/68
7/ 18/68
7 / 23/68
7 / 26/68
7/29/68
7 / 29/68
7/30/68
7/30/68
7/31/68
t7/31/68
’ 5/13/68
7/1/68
7/ 16/68
7/ 18/68
7/ 23/68
7/ 26/68
7/ 29/68
7/ 29/68
7/30/68
7/ 30/68
7/31/68
7/31/68
8/ 1/68
8/ 2/68
8/5/68
8/6/68
8/8/68
8/ 9/68
8/9/68
8/ 13/68
8/15/68
8/ 16/68
8/ 16/68
8/ 19/68
8/ 20/68
8/ 20/68
8/ 26/68
8/ 26/68
8/ 28/68
8/ 30/68
8/ 30/68
16/24/68
8/ 16/68
8/ 20/68
8/ 26/68
8/ 28/68
8/ 30/68
8/ 30/68
9/3/68
9/5/68
9/5/68
9/6/68
9/ 10/68
9/ 13/68
9/13/68
9/ 16/68
9/ 17/68
9/ 19/68
9/20/68
9/ 20/68
9/ 23/68
9/ 24/68
9/ 25/68
9/25/68
9/ 25/68
9/ 26/68
9/26/68
9/ 26/68
3/13/70
1/2/73
1/2/73
7/ 26/68
7/30/68
8/ 29/68
9/5/68
9/ 6/68
9 9/68
/
9/ 18/68
9/ 19/68
8/ 20/68
9/24/68
8/ 20/68
10/1/68
8/20/68
8/20/68
9/5/68
8/20/68
8/20/68
8/20/68
8/20/68
8/20/68
9/5/68
8/20/68
9/5/68
8/20/68
9/ 16/68
3/13/70
10/1/68
8/20/68
8/20/68
8/20/68
8/20/68
8/20/68
9/5/68
8/20/68
9/5/68
8/20/68
9/ 16/68
9/ 16/68
9/5/68
9/5/68
9/5/68
9/ 16/68
9/5/68
9/ 16/68
9/ 16^68
9/5/68
9/12/68
9/16/68
9/5/68
9/16/68
9/6/68
9/5/68
10/30/68
9/24/68
9/ 16/68
9/16/68
9/ 16/68
9/6/68
9/5/68
10/30/68
12/3/68
9/ 16/68
12/5/68
12/5/68
12/10/68
9/16/68
12/10/68
10/8/68
12/17/68
12/17/68
10/8/68
12/17/68
10/8/68
10/8/68
10/8/68
11 /10/68
12/17/68
10/1/68
10/8/68
12/10/68
(Continued on following page)
5.74
6.00
6.00
(in millions o f dollars)
10
5
5.55
5.50
5.70
5.65
5.65
5.65
175
125
14
105
13
67
10
5.60
5.60
193
5.85
121
20
20
5.60
5.85
5.25
5.85
5.85
5.65
5.85
5.85
5.85
5.85
5.85
5.65
5.85
5.65
5.85
5.75
5.74
5.25
5.85
5.85
5.85
5.85
5.85
5.65
5.85
5.65
5.85
5.75
5.75
5.65
5.65
5.65
5.75
5.65
5.75
5.65
5.75
5.65
5.75
5.65
5.75
5.75
5.65
5.75
5.65
5.65
5.20
125
11
57
100
40
28
12
5
19
7
71
.25
,40
.40
.25
11
57
100
35
► 1,582
28
10
120
125
5
28
12
5
19
7
71
28
54
2
5
8
10
120
54
2
5
8
16
16
5
4
10
5
4
29
23
6
11
42
1,337
10
29
23
3
11
42
82
49
5
25
49
60
10
5.60
5.75
5.75
5.75
5.65
5.65
5.20
5.20
5.75
5.20
5.20
5.25
5.75
5.25
5.40
5.25
5.25
5.40
5.25
5.40
5.40
.40
.25
Total outstanding
end of month
30
3
82
5
25
60
200
5
8
6
50
7
5
20
33
70
12
5
22
8
13
15
35
5
25
55
10
200
5
8
6
50
7
5
1,673
33
60
46
T reasu ry B ulletin
PUBLIC D E B T
OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
_____
Month of
activity
Securities
(Payable in U.S. Dollars)
Issue
date
Maturity
date
Amount
Interest
rate
Issued
(Percent)
Notes
1968-Oct.
Certificates o f indebtedness
Notes
Certificates o f indebtedness
Notes
Bonds
9/27/68
. 9/30/68
9/9/68
9/9/68
9/10/68
9/26/68
9/27/68
10/1/68
10/1/68
1/15/70
3/9/73
1/15/70
1/30/70
3/27/73
5.40
5.40
5.30
5.35
5.34
5.30
5.30
9/16/68
9/19/68
9/20/68
9/20/68
9/23/68
9/24/68
9/25/68
9/25/68
9/25/68
9/26/68
9/26/68
9/26/68
9/27/68
9/30/68
10/1/68
10/2/68
10/7/68
10/8/68
10/8/68
10/9/68
10/10/68
10/11/68
10/11/68
10/14/68
10/15/68
10/18/68
10/22/68
10/23/68
10/25/68
10/ 28/68
10/ 28/68
10/ 29/68
10/ 30/68
10/ 30/68
10/ 31/68
10/ 31/68
w
lO/3l/68
10/9/68
10/8/68
10/22/68
10/ 23/68
10/ 28/68
10/ 28/68
10/ 29/68
10/ 30/68
10/ 30/68
10/ 31/68
10/ 31/68
10/ 31/68
11/V68
11/6/68
11/8/68
11/12/68
11/12/68
11/14/68
11/14/68
11/14/68
11 / 18/68
11 / 19/68
11/20/68
11/20/68
11/21/68
11/21/68
11/22/68
11/25/68
11 / 26/68
11 / 29/68
11 / 29/68
^11 / 29/68
10/8/68
12/17/68
10/8/68
12/17/68
10/8/68
10/8/68
10/8/68
12/10/68
12/17/68
10/1/68
10/8/68
12/10/68
10/1/68
10/1/68
12/16/68
12/16/68
12/16/68
12/16/68
1/7/69
12/16/68
12/16/68
12/10/68
12/17/68
12/10/68
12/16/68
12/16/68
12/16/68
12/16/68
12/17/68
12/ 16/68
12/17/68
12/ 16/68
12/ 16/68
1/30/69
12/ 16/68
12/17/68
1/30/69
4/9/73
1/7/69
12/ 16/68
12/ 16/68
12/ 16/68
12/ 17/68
12/ 16/68
12/ 16/68
1/30/69
12/ 16/68
12/17/68
1/30/69
12/ 16/68
12/ 16/68
1/30/69
2/6/69
1/30/69
2/19/69
2/ 6/69
2/20/69
1/30/69
2/6/69
2/ 21/69
2/24/69
2/ 27/69
2/ 6/69
2/20/69
2/24/69
5.40
5.25
5.40
5.25
5.40
5.40
5.40
5.25
5.25
5.40
5.40
5.25
5.40
5.40
5.25
5.25
5.25
5.255.30
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.25
5.50
5.25
5.25
5.50
5.50
5.30
5.25
5.25
5.25
5.25
5.25
5.25
5.50
5.25
5.25
5.50
5.25
25
55
25
55
25
50
5.55
5.50
5.50
5.55
5.50
5.50
5.55
5.50
5.50
5.45
5.55
5.50
5.50
11/22/68
9/16/64
5/22/73
11/1/68
5.50
4.25
12/ 16/68
2/6/69
12/ 16/68
(Continued on following page)
Retired
Total outstanding
end of month
(in millions of dollars)
13
43
100
10
50
100
10
3
11
53
36
100
11
5
32
31
28
30
6
10
2
30
51
12
19
22
10
53
12
25
20
10
12
5
22
8
13
15
35
5
25
55
13
43
3
11
53
36
1,702
11
5
32
31
28
30
6
2
30
99
8
2
21
15
10
4
51
3
19
22
10
53
12
25
21
15
10
4
18
18
10
1
27
12
40
11
10
1
26
12
300
2
1
300
21
80
37
31
41
30
>2,234
47
M ay 19 71
.PUBLIC D E B T
O P E R A T I O N S
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
10/8/68
11/14/68
11/20/68
11/20/68
11/21/68
11/22/68
11/25/68
11/29/68
11/29/68
11/29/68
12/2/68
12/2/68
12/2/68
12/3/68
12/3/68
12/4/68
12/5/68
12/6/68
12/9/68
12/9/68
12/11/68
12/11/68
12/16/68
12/16/68
12/16/68
12/17/68
12/17/68
12/18/68
12/19/68
1/3/69
1/3/69
1/6/69
1/6/69
1/7/69
1/8/69
1/8/69
1/10/69
1/13/69
1/13/69
1/16/69
1/17/69
1/20/69
1/21/69
1/22/69
1/23/69
1/24/69
1/24/69
1/24/69
1/27/69
1/27/69
1/28/69
1/28/69
1/29/69
1/30/69
^1/31/69
1/7/69
2/6/69
2/6/69
2/20/69
2/6/69
2/21/69
2/24/69
2/6/69
2/20/69
2/24/69
2/19/69
2/20/69
2/24/69
2/19/69
2/24/69
2/19/69
3/5/69
2/20/69
2/19/69
2/20/69
3/10/69
3/11/69
2/19/69
3/10/69
3/17/69
3/17/69
3/17/69
3/17/69
3/17/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
12/31/68
3/13/70
4/30/70
4/30/70
4/30/70
6/25/73
6/27/73
11/2/70
7/2/73
2/19/69
2/6/69
2/19/69
3/10/69
2/19/69
3/10/69
3/17/69
3/17/69
3/17/69
2/19/69
2/18/69
2/19/69
2/18/69
4/3/69
2/18/69
2/18/69
4/3/69
2/18/69
2/18/69
4/14/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
2/18/69
2/19/69
4/3/69
2/18/69
4/3/69
2/18/69
4/3/69
2/18/69
4/3/69
2/18/69
5.30
5.55
5.55
5.50
5.55
5.50
5.50
5.55
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.65
5.50
5.50
5.50
5.80
5.80
5.50
5.80
5.80
6.00
5.80
6.00
5.80
5.50
5.50
5.50
5.50
5.50
4.86
5.74
5.93
6.02
6.21
6.00
5.97
6.40
6.00
5.50
5.55
5.50
5.80
5.50
5.80
5.80
6.00
6.00
5.50
5.50
5.50
5.50
6.20
5.50
5.50
6.20
5.50
5.50
6.25
6.20
6.20
6.20
6.20
6.20
6.20
5.50
5.50
6.20
5.50
6.20
5.50
6.20
5.50
6.20
5.50
ril/ 26/&
>
11 /29/68
2/27/69
2/20/69
5.^5
5.50
5.50
5.50
Interest
tfate
Issued
\ Certificates of indebtedness
12/23/68
12/26/68
12/27/68
12/30/68
12/31/68
J* 3/31/66
5/13/68
12/16/68
12/20/68
Notes
12/23/68
12/24/68
12/27/68
12/31/68
12/31/68
/ll/l9 /6 8
11/29/68
12/9/68
12/11/68
12/16/68
12/16/68
12/17/68
12/17/68
12/18/68
12/23/68
1969-Jan.
Certificates of indebtedness
12/2/68
12/6/68
2/20/69
2/20/69
(Continued on following page)
Total outstanding
end of month
(In millions of dollars)
(Percent)
1968-Dec.
Retired
1
1
11
300
1
300
21
12
10
a
33
19
10
31
9
25
7
2
24
8
29
10
11
1
66
5
33
45
U
38
21
7
24
5
33
10
31
9
25
7
> 2,114
16
10
66
14
40
75
75
50
2
20
40
100
7
55
15
4
42
5
5
21
36
10
20
20
10
25
8
6
11
4
21
32
40
4
20
5
9
20
40
25
8
29
11
1
12
5
12
24
7
15
42
5
21
36
10
11
32
4
4
80
21
19
2
> 2,215
48
T rea su ry B ulletin
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
12/9/68
12/17/68
12/18/68
12/19/68
12/23/68
12/26/68
12/27/68
12/30/68
12/31/68
1/3/69
1/24/69
1969-Feb.
Certificates of indebtedness
Certificates of indebtedness
Mar.
Notes
1/29/69
1/31/69
2/3/69
2/3/69
2/3/69
2/4/69
2/5/69
2/6/69
2/6/69
2/7/69
2/11/69
2/11/69
2/13/69
2/14/69
2/17/69
2/17/69
2/18/69
2/18/69
2/18/69
2/19/69
2/19/69
2/20/69
2/21/69
2/24/69
2/25/69
2/26/69
2/26/69
2/27/69
Maturity
date
2/20/69
3/17/69
3/17/69
3/17/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/18/69
2/18/69
2/18/69
4/1/69
4/3/69
4/1/69
4/1/69
2/18/69
4/1/69
4/1/69
2/18/69
4/1/69
4/1/69
4/1/69
2/18/69
4/1/69
4/1/69
5/19/69
5/20/69
5/19/69
5/21/69
5/20/69
5/23/69
5/20/69
4/1/69
5/19/69
5/20/69
5/27/69
f 5/13/68
/ 6/28/68
9/27/68
(Percent)
5.50
5.80
6.00
5.80
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
6.20
6.20
6.20
6.20
5.50
6.20
6.20
5.50
6.20
6.20
6.20
5.50
6.20
6.20
6.10
6.10
6.10
6.10
6.10
6.10
6.10
6.20
6.10
6.10
6.10
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/1/69
5/19/69
5/19/69
4/1/69
5/19/69
4/1/69
4/1/69
6/4/69
6/4/69
4/1/69
6/4/69
6/9/69
6/12/69
4/3/69
5/19/69
6/9/69
5/19/69
6/20/69
4/3/69
5/19/69
4/3/69
4/3/69
4/3/69
5/19/69
3/13/70
12/28/72
3/27/73
2/19/69
2/20/69
2/24/69
2/26/69
2/27/69
Interest
rate
5/19/69
5/20/69
5/20/69
5/20/69
5/27/69
1/6/69
1/8/69
1/16/69
1/17/69
1/20/69
1/21/69
1/22/69
1/23/69
1/24/69
1/27/69
1/28/69
1/30/69
2/3/69
2/18/69
2/18/69
2/19/69
2/25/69
2/26/69
3/3/69
3/4/69
3/5/69
3/6/69
3/7/69
3/7/69
3/10/69
3/12/69
3/13/69
3/13/69
3/13/69
3/20/69
3/20/69
3/24/69
3/24/69
3/26/69
3/27/69
3/31/69
^3/31/69
(Continued on following page)
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.10
6.10
6.20
6.10
6.20
6.20
6.25
6.25
6.20
6.25
6.25
6.05
6.20
6.10
6.25
6.10
6.10
6.20
6.10
6.20
6.20
6.20
6.10
5.74
5.70
5.30
6.10
6.10
6.10
6.10
6.10
Issued
Retired
Total outstanding
end of month
(In millions of dollars)
7
33
14
14
21
7
24
5
55
4
1
20
59
59
6
12
6
3
5
3
14
3
5
3
14
12
6
5
12
>2,256
12
6
5
12
7
7
12
8
48
12
8
43
38
19
43
130
42
42
86
11
11
77
25
6
10
9
30
4
5
20
20
10
25
8
6
21
40
20
9
12
10
58
87
20
14
31
13
4l
6
10
20
14
) 2,233
41
6
22
40
9
63
9
20
28
44
55
20
35
4
33
12
20
8
23
5
10
10
43
58
2
5
30
M ay 19 71
49
PUBLIC
D E B T
O P E R A T I O N S
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
Retired
1 total outstanding
end of month
i
(Percent)
3/ 5/69
3/ 6/69
3/ 12/69
3/ 13/69
3/ 20/69
3/ 24/69
3/ 24/69
3/ 26/69
3/ 27/69
3/ 31/69
3/ 31/69
1969-Apr......
Certificates of indebtedness
Notes
V
2/ 20/69
S’
Certificates of indebtedness
May......
4/2/69
V3/69
4/3/69
4/4/69
4/ 9/69
4/ 10/69
4/ 11/69
4/14/69
A 4/15/69
4/16/69
4/ 17/69
4/ 17/69
4/17/69
4/22/69
4/22/69
4/24/69
4/25/69
4/25/69
4/25/69
4/25/69
4/28/69
4/ 29/69
^ / 29/69
4
5/ 13/68
2/24/69
2/ 26/69
3/6/69
3/7/69
3/ 10/69
3/12/69
3/13/69
3/20/69
4/2/69
V3/69
V3/69
4/ 4/69
4/9/69
4/10/69
4/17/69
4/ 22/69
4/25/69
4/25/69
4/ 25/69
4/ 28/69
4/ 29/60
5/1/69
5/ 6/69
5/ 6/69
5/ 8/69
5/9/69
5/12/69
i 5/ 12/69
5/12/69
5/12/69
5/13/69
5/14/69
5/14/69
5/ 15/69
5/15/69
5/15/69
5/15/69
5/ 15/69
5/ 16/69
5/ 16/69
5/ 19/ 69
5/19/69
5/19/69
5/ 21/69
5/22/69
5/ 23/69
5/ 23/69
5/ 26/69
5/27/69
,5/28/69
6/4/69
6/4/69
6/ 12/69
5/19/69
5/19/69
V3/69
5/19/69
4/3/69
V3/69
4/ 3/69
5/19/69
6/4/69
5/27/69
6/4/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
5/27/69
7/ 10/69
7/17/69
7 / 10/69
7/17/69
7/24/69
5/27/69
7/10/69
7/24/69
7/25/69
7/10/69
5/20/69
7/10/69
3/13/70
5/20/69
5/20/69
5/20/69
6/4/69
6/4/69
6/ 12^69
6/ 9/69
6/ 20/69
5/27^69
6/4/69
5/27/69
5/27/69
5/ 27/69
5/27/69
7/17/69
5/ 27/69
7/10/69
7/25/69
7/ 10/69
7/ 10/69
5/ 27/69
7/ 10/69
8/5/69
8/ 7/69
8/ 8/69
6/9/69
7/ 10/69
8/ 11/69
8/ 12/69
8/ 12/69
6/9/69
7/25/69
6/ 4/69
6/ 9/69
7/ 10/69
7/17/69
8/ 12/69
8/ 12/69
8/ 15/69
7/ 10/69
7/17/69
8/ 12/69
8/ 21/69
7/17/69
7/ 10/69
7/17/69
8/ 22/69
7 / 10/69
8/ 22/69
(Continued on following page)
6.25
6.25
6.05
6.10
6.10
6.20
6.10
6.20
6.20
6.20
6.10
6.25
6.10
6.25
6.10
6.10
6.10
6.10
6.10
6.10
6.10
6.10
6.20
6.20
6.20
6.20
6.20
6.10
6.20
6.20
6.20
n
(3: millions of dollars )
31
7
20
43
44
8
15
4
33
8
23
_
_
_
_
37
19
1
10
20
2
11
22
19
_
_
_
_
1
11
22
19
60
36
24
30
8
30
4
6
1
26
> 2,085
-
60
•
34
24
30
8
_
_
_
_
_
6.20
50
27
8
7
14
8
5.74
-
1
6.20
6.10
-
6.10
t
28
6.10
6.10
6.25
6.25
6.25
6.05
6.25
6.10
6.25
6.10
6.25
6.10
6.10
6.10
6.10
23
4
6
6
22
20
28
55
37
19
1
10
20
1
2
30
6
i
6.20
6.10
6.20
6.20
6.20
6.20
6.10
6.20
6.00
6.00
6.00
6.25
6.20
6.00
_
6.25
6.20
6.25
6.25
6.20
6.20
6.10
6.10
6.10
6.20
6.20
6.10
6.15
6.20
6.20
6.20
6.15
6.20
6.15
50
4o
13
7
4o
20
200
100
500
10
20
200
100
500
10
6
750
50
750
6
750
10
50
50
38
25
4
30
32
440
33
11
_
750
10
_
50
38
25
3
30
32
440
33
85
85
7
12
4
6
34
14
48
_
_
2
_
_
_
-
Y 2,039
50
T rea su ry B ulletin
PUBLIC D E B T
OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Securities
Issue
date
Maturity
date
5/ 28/69
Month of
activity
8/26/69
7/10/69
6.15
Interest
rate
■tUJ J
r HUlb
Issued
(Percent)
5 2 /6
/ 9 9
5/ 29/69
Notes
8 13/69
/
6.20
6.10
3/ 29/68
5/ 13/68
5/ 1/69
5/1/69
5.80
5/ 13/70
8/3/70
5.71
*
6.25
i U/ U
2 /69
V 25/69
5/ 12/69
5/ 14/69
5/ 15/69
5 19/69
/
5/ 22/69
5/ 23/69
5 2 /6
/ 3 9
1969-June.
Certificates of indebtedness
5/ 26/69
5/ 27/69
5/ 28/69
5/ 28/69
5/ 29/69
5/ 29/69
6/ 2/69
6/ 4/69
6/ 5/69
6/ 5/69
6/ 5/69
6/ 10/69
6/ 12/69
6/ 12/69
6/ 12/69
6/ 13/69
6/ 16/69
6/ 17/69
6/ 18/69
6/ 18/69
6/ 19/69
6/ 24/69
6/ 24/69
6/ 24/69
6/ 24/69
6/ 26/69
6/ 27/69
6/ 27/69
6/ 27/69
6/27/69
6/27/69
6/30/69
6/ 30/69
Notes
5/15/68
6/ 12/68
4/ 25/69
6/ 10/69
6/ 12/69
6/ 18/69
Certificates of indebtedness
July.
6/19/69
6/ 24/69
6/ 24/69
6/ 24/69
6/24/69
6/ 26/69
6/ 27/69
6/ 27/69
6/27/69
6/30/69
6/30/69
7/1/69
7/1/69
7/1/69
7/2/69
7/2/69
7/3/69
7/3/69
7/3/69
7/3/69
7/7/69
7/7/69
7/ 8/69
7/ 8/69
7/8/69
7/8/69
7/9/69
7/9/69
7/ 10/60
7/11/69
7/ 24/69
7/24/69
8/ 12/69
7/ 25/69
7/ 17/69
7 / 17/69
7/17/69
7/ 10/69
7/17/69
8/ 22/69
7/10/69
8/ 22/69
8/ 26/69
7/ 10/69
8/ 13/69
8/13/69
8/ 22/69
8/ 21/69
8/ 22/69
9/5/69
9/ 10/69
6.20
6.20
6.00
6.20
6.20
6.20
6.20
6.20
6.20
6.15
6.20
6.15
6.15
6.20
6.10
6.10
6.15
6.15
6.15
7/24/69
9/ 10/69
9/10/69
9/15/69
9/15/69
7/24/69
9/5/69
9/ 10/69
9/15/69
7/24/69
7/ 17/69
7/24/69
9/15/69
7/ 17/69
7/10/69
9/15/69
7 / 10/69
8/ 13/69
10/ 2/69
9/5/69
7/17/69
7/24/69
9/5/69
9/15/69
9/11/69
9/15/69
9/ 11/69
7/17/69
9/5/69
9/ 10/69
9/9/69
9/ 11/69
9/9/69
9/9/69
(Continued on following page)
_
_
_
_
_
_
_
6.20
6.20
6.60
6.60
6.20
6.20
6.20
6.60
6.60
6.60
6.20
6.20
6.60
6.60
6.20
6.20
6.20
6.60
-
50
19
39
l
16
_
_
_
-
6.60
11
*
25
1
35
8
1
30
20
9
ll*
5
13
7
2
18
12
3
19
5
6.20
6.20
6.60
6.60
6.60
6.60
6.20
6.20
6.60
6.60
6.60
6.60
6.60
1
16
2
52
12
5
20
> 1,703
_
3
12
5
7
5
1*8
_
2
_
_
_
_
_
_
11
**
18
_
_
150
<
13
7
23
16
_
_
_
_
.
6.20
18
^
100
6.20
6.20
6.20
6.-10
6.1*5
6.20
1
11
12
2
6
31
*
ll*
6.03
6.60
6.60
6.60
6.60
13
50
50
_
.
-
_
_
_
6.60
6.60
6.20
*
1
*
6.20
9/15/69
9/15/69
7/24/69
9/5/69
9/ 10/69
9/15/69
7/24/69
7/17/69
7/24/69
6.60
300
_
_
_
6.60
6.60
6.60
_
-
300
6.05
6.60
9/11/69
9/ 16/69
9/ 15/69
9/11/69
9/15/69
7/ 10/69
7/17/69
6/ 16/69
8/ 15/69
_
-
6.20
6.20
9/ 10^69
9/ 12/69
Total outstanding
end of month
( h millions o f doliars)
50
19
39
2
52
12
12
20
23
3
12
5
7
5
6*
1
17
ll*
30
5
8
3
13
2
11
**
18
101*
10
17
6.20
6.60
6.20
Retired
17
12
30
5
8
3
13
2
15
17
10
_
25
1
35
8
1
30
20
_
ll*
_
13
7
2
18
12
3
19
5
> 1,643
51
M a y 1971
,P U B L I C D E B T
O P E R A T I O N S .
Table PDO-8.- 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
pate
Issued
Certificates of indebtedness
1 9 6 9 -Aug.
{
1 / 12/68
5/ 13/68
5/ 21/69
6/ 27/69
7/ 1/69
Notes
9/9/69
9/9/69
9/11/69
10/10/69
10/17/69
10/10/69
9/9/69
10/23/69
10/24/69
10/24/69
10/24/69
9/9/69
10/23/69
7/3/69
7/7/69
7/18/69
7/18/69
7/21/69
7/25/69
7/28/69
7/29/69
7/31/69
8/1/69
8/1/69
8/4/69
8/4/69
8/5/69
8/5/69
8/5/69
8/5/69
8/6/69
8/7/69
8/8/69
8/11/69
8/11/69
8/11/69
8/11/69
8/11/69
8/12/69
8/13/69
8/14/69
8/15/69
8/18/69
8/18/69
8/19/69
8/19/69
8/19/69
8/19/69
8/20/69
8/20/69
8/21/69
8/22/69
8/22/69
8/22/69
8/22/69
8/22/69
Notes
8/25/69
8/25/69
8/26/69
8/26/69
5/13/68
’ 7/18/69
7/31/69
8/11/69
8/11/69
Sept.
Certificates of indebtedness
8/11/69
8/13/69
8/14/69
8/19/69
8/20/69
8/20/69
8/22/69
6.60
6.60
6.60
7.10
7.10
7.10
6.60
7.25
7.25
7.25
7.25
Total outstanding
end of month
(in millions of dollars)
(Percent)
7/ 15/69
7/ 17/69
7/ 17/69
7/ 18/69
7/ 18/69
7/ 21/69
7/ 21/69
7/ 23/69
7/ 25/69
7/ 28/69
7/ 29/69
7/ 30/69
7/ 30/69
7/ 31/69
7/ 31/69
Retired
6
3
8
l
30
21
13
21
4
6
4
6.60
16
10/23/69
7.25
7.10
7.25
5.42
5.74
8/21/69
9/15/69
9/15/69
9/15/69
9/15/69
10/10/69
10/17/69
10/10/69
10/24/69
10/24/69
10/24/69
10/10/69
9/15/69
10/10/69
9/15/69
10/10/69
9/15/69
9/11/69
10/10/69
9/16/69
9/16/69
9/11/69
9/16/69
10/10/69
10/17/69
10/24/69
9/12/69
9/16/69
11/12/69
11/13/69
11/13/69
9/12/69
11/14/69
9/12/69
11/14/69
11/13/69
9/12/69
10/7/69
11/13/69
10/10/69
11/14/69
11/14/69
9/10/69
10/10/69
10/7/69
10/10/69
11/14/69
13
16
11
14
12
4/13/70
3/13/70
6
3
8
6.15
10/10/69
6.60
7.10
6.60
7.10
6.60
6.60
7.10
6.60
6.60
6.60
6.60
2
i4
4
7
l
2
l4
13
28
10
6.60
6.60
13
6
13
9/10/69
10/24/69
3/13/70
10/17/69
10/10/69
10/10/69
10/17/69
10/24/69
11/13/69
11/13/69
11/13/69
8/22/69
46
5
6
6
4
7
3
l
4l
9
5
1
20
15
4
6
4
6
46
7.10
7.10
7.25
10/24/69
10/10/69
11 /13/69
10/10/69
11 /14/69
8/25/69
8/26/69
9/2/69
25
6.60
6.60
6.60
6.60
7.10
7.10
7.10
7.25
7.25
7.25
7.10
16
11/14/69
9/10/69
9/5/69
(Continued on following page)
7.10
7.10
7.10
6.60
7.10
6.60
7.10
7.10
6.60
6.45
7.10
7.10
7.10
7.10
6.60
7.10
6.45
7.10
7.10
7.25
6.60
7.25
5.74
7.10
7-10
7.10
7.10
7.25
7.10
7.10
7.10
7.10
7.10
7.10
7.10
7.10
6.60
6.20
28
20
16
10
16
6
14
4
33
20
4
l4
4
6
6
20
10
43
1
12
> 1,627
10
16
4
33
20
4
4
6
10
34
l
4
4
4
26
11
9
27
11
10
3
3
20
2
6
14
14
20
6
12
9
15
25
30
>1,5
52
T reasu ry B u lletin
.PUBLIC D E B T
O P E R A T I O N S .
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
Retired
Total outstanding
end of month
1
(Percent)
Certificates o f indebtedness
1969-Sept.
Notes
9/ 2/69
9/ 2/69
9/ 2/69
9/ 2/69
9/ 2/69
9/ 3/69
9aa>9
9/ 5/69
9/ 5/69
9/ 9/69
9/ 10/69
9/ 11/69
9/ 12/69
9/ 12/69
9/ 15/69
9/ 15/69
9/ 15/69
9/ 16/69
9/ 16/69
9/ 17/69
9/ 18/69
9/ 19/69
9/ 22/69
9/ 22/69
9/ 23/69
9/ 2V 69
9/ 25/69
9/ 25/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
9/ 26/69
5/ 13/68
5/ 23/68
5/ 2V 68
9/2V69
{ 9/23/69
7/23/69
7/ 30/69
Oct..
Certificates o f indebtedness
7/31/69
7/31/69
8/ 1/69
8/4/69
8/ 5/69
8/ 11/69
8/ 22/69
8/25/69
8/ 26/69
9/2/69
9/15/69
9/15/69
9/ 15/69
9/ 16/69
9/25/69
9/25/69
9/ 26/69
9/26/69
9/26/69
9/26/69
10/1/69
10/ 1/69
10/1/69
10/1/69
10/3/69
10/ 6/69
10/ 6/69
10/ 6/69
10/7/69
10/8/69
10/9/69
10/9/69
10/9/69
10/ 10/69
10/14/69
10/15/69
10/16/69
10/16/69
10/16/69
10/17/69
10/ 20/69
10/21/69
10/ 21/69
9/5/69
9/10/69
10/ 2/69
10/7/69
1 0 /1 0 /6 9
11/14/69
11/14/69
11/14/69
12/5/69
12/9/69
12/10/69
12/11/69
12/11/69
12/12/69
10/7/69
10/10/69
12/ 15/69
10/ 2/69
10/7/69
12/ 15/69
10/ 2/69
10/2/69
10/ 2/69
12/ 15/69
12/15/69
10/ 2/69
10/24/69
12/ 10/69
10/ 2/69
10/ 10/69
10/ 17/69
11 / 13/69
12/5/69
12/ 10/69
12/15/69
3/13/70
9/23/69
9/24/69
12/ 21/70
1/18/71
10/23/69
10/23/69
10/ 10/69
10/ 23/69
10/ 10/69
10/ 10/69
10/ 10/69
10/24/69
10/ 10/69
10/24/69
10/ 24/69
10/ 10/69
10/7/69
10/ 10/69
10/ 10/69
10/ 7/69
10/ 24/69
12/ 10/69
10/ 2/69
10/ 17/69
11/13/69
12/ 10/69
10/ 2/69
10/ 17/69
12/ 15/69
12/31/69
10/ 10/69
10/ 7/69
10/ 10/69
12/ 15/69
12/ 15/69
12/ 15/69
11 / 13/69
12/ 10/69
12/15/69
12/ 15/69
12/ 15/69
12/ 15/69
11 / 13/69
12/ 10/69
12/ 15/69
12/ 15/69
1/19/70
12/ 15/69
1 / 20/70
(Continued on following page)
6.20
6.60
6.45
6.45
7.10
7.10
7.10
7.10
7.05
7.20
7.20
7.20
7.20
7.20
6.45
7.10
7.20
6.45
6.45
7.20
6.45
6.45
6.45
7.20
7.20
6.45
7.25
7.20
6.45
7.10
7.10
7.10
7.05
7.20
7.20
5.74
6.375
6.30
7.85
7.80
7.25
7.25
7.10
7.25
7.10
7.10
7.10
7.25
7.10
7.25
7.25
7.10
6.45
7.10
7.10
6.45
7.25
7.20
6.45
7.10
7.10
7.20 .
6.45
7.10
7.20
7.10
7.10
6.45
7.10
7.20
7.20
7.20
7.10
7.20
7.20
7.20
7.20
7.20
7.10
7.20
7.20
7.20
7.05
7.20
7.00
(lr1 millions of dol.lars)
30
10
1
14
2
6
9
2
30
10
35
100
8
100
_
10
1
14
_
6
9
2
30
10
35
100
8
100
13
_
3
13
4
1
11
1
1
5
11
2
3
2
_
26
19
35
30
40
30
9
29
13
>.1,568
4
-
11
1
1
5
11
2
3
-
19
35
26
-
30
-
29
-
l
-
100
-
50
100
50
-
-
5
11
4
12
5
6
3
8
4
9
-
11
-
2
13
2
1
1
2
26
*
4
40
9
1
13
8
220
_
_
-
1
13
8
220
18
14
8
14
45
11
12
10
19
3
21
28
10
14
4
21
42
47
11
18
14
8
14
45
ll
12
10
19
3
21
21
10
14
-
42
-
11
> 1,932
M a y 1971
53
PUBLIC D E B T
OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
1969-Oct.
Certificates of indebtedness
10/24/69
10/24/69
10/ 27/69
10/ 27/69
10/ 27/69
10/ 28/69
10/ 29/69
10/ 29/69
10/30/69
10/31/69
f 6/ 12/68
Notes
Bonds
J 12/ 31/68
• 10/ 1/69
>
L 10/ 31/69
9/16/64
‘ 10/ 15/69
10/ 16/69
10/ 17/69
10/ 21/69
10/ 22/69
10/ 22/69
10/ 29/69
10/ 31/69
11 / 3/69
11 / 3/69
11 / 3/69
r^ 9
L
11/5/69
Certificates of indebtedness
Nov.
Notes
11 / 5/69
11/7/69
11 / 7/69
11/7/69
11 / 10/69
11 / 10/69
11 / 10/69
11 / 10/69
11 / 12/69
11 / 12/69
11 / 12/69
11 / 17/69
11/17/69
11/24/69
11/24/69
11 / 25/69
11 / 25/69
11 / 26/69
12/ 31/68
10/ 22/69
10/ 24/69
10/ 29/69
11 / 3/69
H / 5/69
11 / 7/69
Certificates of indebtedness
11/7/69
11 / 10/69
11 / 17/69
11/24/69
11 / 24/69
11 / 25/69
11 / 26/69
12/ 1/69
12/ 1/69
12/ 1/69
12/ 1/69
12/ 1/69
12/1/69
12/ 2/69
12/ 2/69
12/ 2/69
12/3/69
12 b 69
12/ 5/69
12/ 8/69
12/ 9/69
12/ 10/69
12/ 11/69
12/ 15/69
1 / 22/70
10/ 24/69
12/ 9/69
12/ 10/69
12/ 11/69
11 / 13/69
12/ 9/69
12/ 10/69
11 / 13/69
12/ 9/69
1 / 26/70
1/27/70
11/5/69
1/29/70
11 / 13/69
12/ 15/69
10/ 31/69
11 / 2/70
2/ 18/71
3/25/71
11 / 1/69
12/ 15/69
12/ 15/69
12/ 15/69
12/ 15/69
12/ 15/69
1 / 22/70
11/5/69
12/ 15/69
11 / 13/69
12/ 10/69
12/ 15/69
1/19/70
12/ 15/69
1/19/70
12/ 15/69
1 / 12/70
1/19/70
12/ 11/69
12/ 15/69
12/ 30/69
1 / 12/70
12/ 5/69
2/ 11/70
1 / 12/70
2/ 13/70
2/13/70
12/ 15/69
2/ 13/70
2/ 25/70
12/ 15/69
2/13/70
11 / 2/70
1 / 22/70
12/ 10/69
1 / 29/70
12/ 10/69
12/ 15/69
12/ 15/69
1/19/70
12/ 15/69
2/ 13/70
12/ 15/69
2/13/70
12/ 15/69
2/13/70
12/5/69
12/ 15/69
1 / 12/70
1/19/70
2/13/70
3/ 2/70
12/ 5/69
1 / 26/70
3/3/70
3/4/70
3/4/70
3/5/70
3/4/70
3/4/70
1 / 12/70
(Continued on following page)
7.20
7.20
7.00
7.25
7.20
7.20
7.20
7.10
7.20
7.20
7.10
7.20
7.00
7.05
6.50
7.05
7.10
7.20
5.90
6.40
8.00
7.35
4.25
7.20
7.20
7.20
7.20
7.20
7.00
12
20
140
5
8
16
18
16
18
25
3
19
4
4
55
58
200
25
3
4
4
55
58
125
160
10
4
10
100
50
125
30
7
4
21
6.50
7.20
7.10
7.20
7.20
7.05
Total outstanding
end of month______
(in millions of dollars)
(Percent)
10/ 22/69
10/ 22/69
10/ 22/69
10/ 23/69
10/ 23/69
10/ 23/69
10/ 23/69
10/ 24/69
Retired
4o
47
20
100
75
4
40
16
7.20
7
3
84
7
3
66
7.05
26
26
7.20
7.05
7.05
7.20
7.20
7.10
7.05
7.05
7.15
7.05
7.15
7.15
7.20
7.15
7.50
7.20
7.15
6.40
2
8
26
30
4
22
7
5
163
20
8
8
30
>1,792
22
7
5
163
20
8
18
15
3
25
9
14
40
19
30
7.00
7.20
7.05
7.20
7.20
7.20
7.05
16
18
2
18
7.20
4
7.15
18
7.20
7.15
7.20
7.15
7.05
7.20
7.05
7.05
7.15
7.50
7.05
7.00
7.45
7.45
7.45
7.45
7.45
7.45
7.05
14
15
35
12
5
15
15
3
9
i4
14
15
35
12
5
16
16
25
l4
6
5
30
17
10
1
25
14
6
5
30
17
10
1
1,765
54
T reasury B u lletin
PUBLIC D E B T
OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
______________
(Payable in U. S. Dollars)___________
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Issued
(Percent)
1969-Dec.
Certificates of indebtedness
Notes
1970-Jan.
Certificates o f indebtedness
Notes
12/10/69
12/10/69
12/12/69
12 / 15/69
12/ 15/69
12/ 15/69
12/ 16/69
12/ 19/69
12/ 24/69
12/ 24/69
12/ 26/69
12/ 26/69
12/ 26/69
12/ 29/69
12/29/69
12/ 29/69
12/ 29/69
12/ 29/69
12/ 29/69
12/ 29/69
12/ 30/69
12/ 30/69
12/ 31/69
12/ 31/68
10/ 29/69
12/ 10/69
12/ 26/69
12/ 29/69
12/ 29/69
12/ 29/69
12/ 30/69
12/ 30/69
1/5/70
1/5/70
1/7/70
1/7/70
1/8/70
1/9/70
1/12/70
1/12/70
1/13/70
1/13/70
1/1V70
1/1V70
1/15/70
1 / 16/70
1/19/70
1/20/70
1/21/70
1/21/70
1/21/70
1/21/70
1/23/70
1/26/70
1/26/70
1/27/70
1/29/70
9/9/68
9/10/68
9/ 26/68
1/15/70
1 / 30/70
11 / 25/69
Certificates of indebtedness
Feb.
1/14/70
1/26/70
1/27/70
2/ 2/70
2/2/70
2/ 2/70
2/ 2/70
2/3/70
2/3/70
2/4/70
2/4/70
2/6/70
2/6/70
2/6/70
2/6/70
2/9/70
3/V70
3/ 10/70
3/12/70
1 / 12/70
1/26/70
3/16/70
1/26/70
3/16/70
3/16/70
3/24/70
3/5/70
3/ 10/70
3/ 16/70
2/ 13/70
3/ 3/70
3/V70
3/5/70
3/12/70
3/16/70
3/30/70
2/13/70
3/31/70
2/13/70
11/2/70
1/29/70
3/10/70
3/5/70
2/13/70
3/5/70
3/16/70
2/13/70
3/31/70
2/13/70
3/31/70
1/19/70
2/13/70
1/19/70
3/31/70
4/8/70
V8/70
4/8/70
V13/70
3/31/70
4/8/70
3/31/70
4/8/70
3/31/70
4/16/70
3/31/70
3/31/70
3/16/70
3/31/70
4/8/70
V13/70
3/16/70
3/16/70
4/8/70
4/8/70
4/29/70
1/15/70
1/15/70
1/30/70
4/22/71
5/20/71
2/25/70
3/31/70
4/8/70
4/8/70
3/10/70
3/31/70
4/20/70
4/27/70
3/31/70
5/V70
3/16/70
3/31/70
3/16/70
3/31/70
5/6/70
5/11/70
3/16/70
(Continued on following page)
7.^5
7.70
7.70
7.05
7.00
7.70
7.70
7.70
7.70
7.80
7.^5
7.70
7.70
7.15
7.^5
7A5
7.^5
7.70
7.70
7.80
7.15
8.10
7.15
6.40
7.05
7.70
7.^5
7.15
7.U5
7.70
7.15
8.10
7.15
8.10
7.05
7.15
7.05
8.10
8.00
8.00
8.00
8.00
8.10
8.00
8.10
8.00
8.10
5.U24
8.10
8.10
7.70
8.10
8.00
8.00
7.70
7.70
8.00
8.00
7.90
5.30
5.3^
5.30
7.95
8.10
7.50
8.10
8.00
8.00
7.70
8.10
7.85
7.80
8.10
7.75
7.70
8.10
7.70
8.10
7.75
7.35
7.70
Total outstanding
end of month
Retired
(in millions of dollars)
35
4
2
6
10
4
2
16
16
91
11
7
5^
15
91
11
7
5^
28
10
26
7
7
75
2
28
22
165
10
42
26
7
75
28
5
165
30
5
15
5
130
19
28
7
2
17
10
42
8
30
5
15
5
18
18
271
42
3
35
17
3
29
3^
4
250
19
3
18
9
^9
35
23
159
46
6
130
42
3
35
17
3
2,285
18
3^
18
^9
23
159
1
100
50
100
150
100
25
11
^5
6
19
17
30
30
36
12
51
51
l4
84
84
7
200
200
18
19
19
2,606
M ay 19 71
55
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Securities
Issue
date
Maturity
date
Interest
frate
Issued
(Percent)
Notes
Certificates of indebtedness
1970-Mar.
Notes
Certificates of indebtedness
Apr.
Notes
Certificates of indebtedness
May.
2/13/70
2/18/70
2/19/70
2/19/70
2/19/70
2/25/70
2/26/70
12/31/68
12/1/69
12/10/69
12/24/69
12/ 26/69
1 / 15/70
1 / 19/70
1 / 20/70
1 / 21/70
1 / 21/70
2/ 2/70
2/ 2/70
2/ 3/70
2/ 4/70
2/ 6/70
2/ 26/70
3/ 2/70
3/ 2/70
3/ 2/70
3/ 3/70
3/ 4/70
3/ 5/70
3/ 6/70
3/ 6/70
3/ 12/70
3/ 16/70
3/ 23/70
3/ 24/70
. 3/ 31/70
f 5/ 13/68
J 3/ 2/70
\ 3/ 26/70
V 3/31/70
.
1 / 8/70
1 / 16/70
1 / 21/70
1 / 29/70
2/ 2/70
3/ 16^70
3/ 31/70
4/ 8/70
4/ 16/70
4/ 28/70
4/ 29/70
fl2 /l6 /6 8
12/20/68
J 12/23/68
\ 12/ 31/68
4/9/70
^ 4/30/70
2/3/70
2/10/70
2/25/70
2/26/70
3/2/70
3/23/70
3/24/70
4/28/70
4/29/70
5/4/70
5/5/70
_ 5/11/70
/l2/2l/68
< 5/15/70
I 5/15/70
3A6/70
3A6/70
3A2/70
3A6/70
5A9/70
5/25/70
5/26/70
11/2/70
3/2/70
3/10/70
3/24/70
3/10/70
3/31/70
3/31/70
3/31/70
3/31/70
4/13/70
3/10/70
3/31/70
3/31/70
3/31/70
3/31/70
5/26/70
3/16/70
3/31/70
6/ 2/70
3/16/70
3/16/70
3/16/70
3/12/70
3/16/70
6/11/70
6/15/70
6/23/70
6/24/70
6/30/70
3/13/70
6/17/71
7/22/71
7/29/71
4/8/70
4/16/70
4/13/70
4/29/70
4/20/70
4/27/70
6/15/70
6/30/70
7/8/70
7/16/70
7/28/70
7/29/70
4/30/70
4/30/70
4/30/70
11/2/70
8/26/71
9/23/71
5/4/70
5/11/70
5/25/70
5/26/70
6/2/70
6/23/70
6/24/70
7/28/70
7/29/70
8/4/70
8/5/70
8/11/70
11/2/70
5/27/71
6/24/71
(Continued on following page)
7.70
7.70
7.70
7.70
6.80
6.85
6.85
6.40
7'.50
7.70
7.80
7.70
8.10
8.10
8.10
8.10
8.00
7.70
8.10
8.10
8.10
8.10
14
30
30
162
150
_
-
-
*
-
-
.
-
7.70
8.10
13
11
15
7.70
7.70
7.70
7.70
7.70
6.90
6.90
6.85
6.30
6.35
5.74
7.125
6.70
6.79
8.00
5.424
8.00
7.90
7.85
7.80
6.90
Total outstanding
end of month
(In millions of <
14
30
30
162
150
25
200
6.85
6.85
Retired
6
15
10
4
19
3
9
20
19
17
36
14
7
100
13
11
2,873
-
62
62
70
9
30
46
30
200
20
15
45
100
100
100
70
9
30
46
30
20
-
271
250
-
130
-
180
-
14
-
15
30
30
45
6.35
6.40
5.424
271
250
6.90
6.90
10
70
-
5.93
6.02
_
-
75
75
50
3
6.21
6.40
6.84
7.46
7.75
7.35
6.85
6.85
6.85
6.85
6.30
6.90
6.90
6.90
7.20
7.20
6.40
7.60
7.60
100
200
_
-
12
15
18
-
100
100
-
► 2,620
-
12
18
25
100
15
20
15
10
70
12
15
18
1
_
2,534
T reasury B u lletin
56
PUBLIC D E B T
O P E R A T I O N S .
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions o f Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
Issue
date
Securities
6/11/70
6/15/70
6/24/70
6/26/70
6/26/70
6/30/70
9/11/70
9/15/70
9/24/70
7/23/70
9/11/70
9/30/70
12/23/65
12/31/68
6/4/70
I 6/11/70
6/18/70
[ 6/25/70
4/8/70
4/16/70
6/24/70
6/26/70
6/26/70
7/6/70
7/7/70
7/8/70
7/15/70
7/16/70
7/22/70
7/24/70
7/27/70
7/27/70
7/28/70
7/29/70
12/31/68
8/5/70
8/10/70
8/17/70
8/24/70
8/25/70
6/23/70
11/2/70
8/26/71
10/28/71
10/28/71
11/18/71
7/8/70
7/16/70
9/24/70
7/23/70
9/11/70
10/6/70
10/7/70
10/8/70
10/14/70
10/16/70
10/22/70
10/23/70
10/27/70
10/27/70
10/28/70
10/29/70
11/2/70
11/5/70
11/10/70
11/17/70
11/24/70
11/25/70
8/3/70
12/23/71
1/20/72
9/15/70
9/30/70
10/6/70
10/27/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/30/70
12/30/70
10/6/70
10/7/70
10/8/70
10/16/70
10/22/70
10/23/70
10/27/70
10/28/70
10/29/70
12/30/70
12/31/70
1/7/71
1/8/71
1/15/71
1/21/71
1/22/71
1/22/71
1/26/71
1/27/71
1/28/71
1/28/71
1/29/71
11/2/70
1/20/72
11/1/70
Certificates of indebtedness
1970-June.
Notes
Certificates of indebtedness
July.
Notes
Certificates of indebtedness
Aug.
Notes
Sept.
Certificates of indebtedness
Certificates of indebtedness
Oct.
Notes
\ Bonds
Maturity
date
{
f
<
^
5/1/69
8/3/70
8/3/70
6/15/70
6/30/70
7/6/70
7/27/70
9/15/70
9/16/70
9/22/70
9/23/70
9/28/70
9/30/70
. 9/30/70
7/6/70
7/7/70
7/8/70
7/16/70
7/22/70
7/24/70
7/27/70
7/28/70
7/29/70
9/30/70
10/1/70
10/7/70
10/8/70
10/16/70
10/21/70
10/22/70
10/23/70
10/26/70
10/27/70
10/28/70
10/28/70
10/29/70
12/31/68
10/28/70
9/16/64
(Continued on following page)
Interest
rate
(Percent)
6.80
6.80
6.65
6.50
6.80
6.45
Issued
50
150
100
70
100
20
4.66
Retired
Total outstanding
end of month
(In millions of dollars)
50
85
3,389
6.40
7.55
7.65
7.65
7.63
6.40
5.424
6.65
6.50
6.80
6.45
6.65
6.65
6.55
5.424
6.40
6.40
6.40
6.40
6.35
6.35
100
100
100
200
271
250
100
70
100
450
10
271
100
250
20
30
45
215
15
10
100
3,911
6.40
6.45
6.45
6.55
6.55
6.20
6.25
7.25
7.25
6.80
6.45
6.45
6.40
6.35
6.35
5.95
5.95
5.95
5.80
5.80
6.45
10
50
35
60
10
200
100
28
8
15
10
50
20
4.25
150
20
250
215
400
6.65
6.65
5.424
6.40
6.40
6.40
6.35
6.35
5.80
5.80
6.05
6.05
5.424
5.95
5.95
5.95
5.95
5.85
5.85
5.85
5.85
6.40
6.60
4,076
300
100
10
271
250
30
20
30
30
45
15
40
10
200
10
271
250
20
30
45
15
10
275
3, 755
1
90
30
M ay 1971
57
.P U B L I C
D E B T
O P ERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Securities
Certificates of indebtedness
1970-Nov.
Notes.
Certificates of indebtedness
Dec.
Notes
Certificates o f indebtedness
1971-Jan.
Notes
Maturity
riate
Issue
date
8/5/70
8/10/70
8/17/70
8/24/70
8/25/70
9/30/70
11/5/70
11/10/70
11/10/70
11/17/70
11/23/70
11/23/70
11/24/70
11/24/70
11/25/70
11/25/70
11/27/70
11/30/70
12/31/68
11/2/70
9/15/70
9/16/70
9/22/70
9/23/70
9/28/70
9/30/70
10/l/70
10/7/70
10/22/70
10/28/70
10/29/70
11/5/70
11/24/70
11/25/70
11/25/70
12/9/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/31/70
’ 9/23/69
11/2/70
| 12/21/70
1
10/8/70
10/16/70
10/21/70
10/23/70
10/26/70
10/27/70
10/28/70
11/10/70
11/10/70
11/17/70
11/24/70
11/27/70
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
1/8/71
1/15/71
1/19/71
1/21/71
1/25/71
1/26/71
1/27/71
1/28/71
9/24/69
1/18/71
11/5/70
11/10/70
11/17/70
11/24/70
11/25/70
12/30/70
2/5/71
2/10/71
2/10/71
2/17/71
2/23/71
2/23/71
2/24/71
2/24/71
2/25/71
2/25/71
2/26/71
3/1/71
11/2/70
2/2/72
12/15/70
12/16/70
12/22/70
12/23/70
12/28/70
12/30/70
12/31/70
1/7/71
1/22/71
1/28/71
1/29/71
2/5/71
2/24/71
2/25/71
2/25/71
3/9/71
3/15/71
3/16/71
3/22/71
3/23/71
3/29/71
3/31/71
12/21/70
2/2/72
2/24/72
1/8/71
1/15/71
1/21/71
1/22/71
1/26/71
1/27/71
1/28/71
2/10/71
2/10/71
2/17/71
2/24/71
2/26/71
3/15/71
3/16/71
3/22/71
3/23/71
3/29/71
4/8/71
4/15/71
4/19/71
4/21/71
4/26/71
4/26/71
4/27/71
4/28/71
1/18/71
2/24/72
Amount
Interest
rate
( Percent)
6.45
6.45
6.55
6.55
6.20
5.80
5.65
5.45
5.45
5.30
5.30
5.30
4.80
4.80
4.80
4.80
4.80
4.80
6.40
6.50
6.35
6.35
5.95
5.95
5.95
5.80
5.80
6.05
5.95
5.85
5.85
5.65
4.80
4.80
4.80
4.90
4.80
4.80
4.75
4.75
4.75
4.85
7.85
Issued
10
50
25
35
40
300
60
125
10
100
300
120
28
30
28
8
15
10
50
100
6.50
5.15
6.05
5.424
5.95
5.95
5.95
5.85
5.85
5.45
5.45
5.30
4.80
4.80
4.80
4.80
4.75
4.75
4.75
4.95
5.424
4.25
4.25
4.25
4.20
4.20
4.20
7.80
4.75
(Continued on following page)
100
271
250
55
30
70
30
20
40
50
Total outstanding
end of month
(In millions of dollars)
10
50
35
60
10
125
Retired
4,637
28
3
28
8
15
10
50
20
100
10
20
15
10
10
125
100
10
4,331
15
100
1
271
250
30
30
30
45
40
10
50
35
60
200
12
8
15
10
5
30
40
50
3,926
58
T reasury B u lletin
.PUBLIC D E B T
O P E R A T I O N S .
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Month of
activity
1971-Feb.
Issue
date
Securities
Certificates of indebtedness
JJotes
Certificates of indebtedness
Mar.
Notes
Apr.
Notes
Interest
rate
Issued
4/7/71
4/7/71
4/7/71
4/7/71
4/8/71
4/15/71
4/19/71
4/26/71
4/27/71
2/10/71
2/23/71
2/23/71
2/26/71
5/?/71
5/10/71
3/16/71
5/24/71
5/24/71
5/24/71
5/26/71
2/18/71
4/27/72
3/1/71
3/9/71
3/29/71
3/31/71
4/26/71
3/16/71
6/1/71
6/1/71
6/1/71
6/9/71
6/10/71
6/22/71
6/30/71
3/25/71
4/27/72
4/8/71
4/15/71
4/19/71
4/26/71
4/27/71
7/7/71
7/7/71
7/7/71
7/7/71
7/8/71
7/15/71
7/19/71
7/26/71
7/27/71
(Percent)
5.45
5.30
5.30
4.80
4.15
3.85
3.54
3.50
3.50
3.50
3.50
8.00
3.90
4.80
4.90
4.75
4.85
4.20
3.54
3.50
3.50
3.50
3.30
3.30
3.30
3.55
7.35
3.65
4.95
5.424
4.25
4.25
4.20
3.70
3.70
3.70
3.70
3.70
5.424
4.05
3.80
3.90
1/15/70
4/22/71
4/22/71
5/25/72
7.95
4.40
Total outstanding
end of month
Retired
30
40
200
250
271
250
55
70
20
150
11/10/70
11/23/70
11/23/70
11/27/70
2/3/71
2/10/71
2/16/71
2/23/71
2/23/71
2/24/71
2/26/71
( 10/1/69
^ 2/18/71
r 11/30/70
12/9/70
12/28/70
12/31/70
1/26/71
2/16/71
3/1/71
3/1/71
3/1/71
3/9/71
3/10/71
3/22/71
3/31/71
f 10/31/69
3/25/71
1/8/71
1/15/71
1/19/71
1/25/71
V
1/27/71
Certificates of indebtedness
Maturity
date
(In millions of dollars)
15
40
300
100
75
60
250
40
300
35
100
4,331
50
50
120
30
45
100
30
250
150
150
140
280
30
35
200
130
4,571
125
125
271
250
55
70
20
35
5,056
150
Source:
Bureau of the Public Debt.
* Less than $500,000.
Footnotes to Table PDO-7
Source:
Daily Treasury statement and Bureau of the Public Debt.
1 / Original call and maturity dates are used.
2 / All by investors other than Federal Reserve Banks.
2 / Rolled over into 9-month and one-year b ills (see Table PDO-4).
4/
Holders of the maturing securities were not offered preemptive rights
to exchange their holdings, but were permitted to present them in pay
ment or exchange, in whole or in part, for the new securities offered.
j/
Excess of maturing securities over allotments of new securities paid
for with the maturing securities.
6/
Tax anticipation issue: for detail of offerings beginning July 1968,
see Table PDO-4; for amounts redeemed for taxes and for cash see
"Note" below.
7 / Of this amount $909 million of the 5-5/8# notes and $6,156 million of
the 6-3/8# notes were submitted in payment for subscriptions
allotted for the 7-3/4# Treasury Notes of Series G-1971 which were
offered on a cash basis. Holders of the maturing notes were not
offered preemptive rights to exchange their holdings for the new notes
( For detail of offering see Table PDO-4).
8 / 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\% notes of Series C-1972. Other holders of the
maturing securities were' not given preemptive rights to exchange
their holdings for the 7\% notes.
p
Preliminary.
Note:
Information on retirement of tax anticipation issues referred to
in footnote 6, in milllions of dollars:_______________________________
Total
amount
retired
Redeemed
for
taxes
Date of
retirement
Securities
3/24/69
4/22/69
6/23/69
6/23/69
6/23/69
12/22/69
3/23/70
4/22/70
4/22/70
4/22/70
6/22/70
6/22/70
9/23/70
3/22/71
B ill
B ill
B ill
B ill
B ill
B ill
Bill
Bill
B ill
B ill
Bill
Bill
B ill
B ill
1,763
1,752
2,007 1
1,007 )
4/22/71
B ill
J
Redeemed
for
cash
2,015
826
1,189
2,003
3,010 1
2,001 )
1,759 J
829
1,174
2,099
4,672
464
425
1,299
1,327
1,135
3,632
1,222
3,286
750
457
1,008
2,060
957
3,305
15 J
,7 3
3,004
1,504
1,758
2,517
2,261
2,001
\
J
\
M a y 1971
59
PUBLIC D E B T
OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Amount
(Dollar equivalent)
Month of
activity
Securities
Payable
in —
Issue
date
Interest
rate
Maturity
date
1/26/68
francs
francs
francs
francs
7/5/68
7/16/68
7/26/68
Notes
JItalian lire
\ltalian lire
1/30/67
7/30/68
Aug...
Notes
f German marks
\ German marks
11/3/67
8/19/68
Sept....
Notes
f Swiss francs
l Swiss francs
6/30/67
9/30/68
Certificates of indebtedness
r
Certificates of indebtedness
Oct...
<
fSwiss
/Swiss
\ Swiss
VSwiss
/'Swiss
/ Swiss
\ Swiss
IjBwiss
francs
francs
francs
francs
7/5/68
7/16/68
10/7/68
10/16/68
4.75
5.25
5.50
55
134
1/24/69
7/30/68
1/30/70
5.00
102
4.57
5.40
125
4-87
5.20
4-83
5.30
10/7/68
10/16/68
1969-Jan...
4/2/73
5.25
1/29/69
12/27/68
Notes
3/27/69
12/2/68
11/24/69
12/2/70
6/18/73
6.30
/^German marks
) Belgian francs
\ German marks
VJtalian lire
fSwiss francs
ISwiss francs
JSwiss francs
S German marks
I Swiss francs
^Swiss francs
5.35
7/26/68
12/27/68
1/16/69
1/24/69
1/16/69
1/24/69
1/24/69
3/27/69
4/16/69
7/24/69
^German marks
I Swiss francs
/ Swiss francs
JGerman marks
V,German marks
5/2/67
10/6/67
1/6/69
1/2/69
1/16/69
<
Certificates of indebtedness
<
Notes
Notes
Mar...
Certificates of indebtedness
Apr...
<
Notes
Swiss francs
2/6/69
German marks
Austrian
schillings
Swiss francs
< Swiss francs
Swiss francs
Austrian
schillings
8/1/67
2/24/69
2/17/69
5/6/70
5/19/70
2/24/69
8/24/70
^German marks
J German marks
\ Swiss francs
l^Swiss francs
9/1/67
3/3/69
12/11/67
3/11/69
3/3/69
9/3/70
3/11/69
6/11/70
10/7/68
francs
francs
francs
francs
j German marks
Swiss francs
J
German marks
\ German marks
ISwiss francs
(^Swiss francs
May...
Notes
German marks
June....
Notes
/ Swiss francs
1 Swiss francs
Certificates of indebtedness
/Swiss
j Swiss
\ Swiss
^Swiss
July....
<
Notes
francs
francs
francs
francs
fSwiss francs
JAustrian
< schillings
j Swiss francs
VSwiss francs
6.25
5.00
4.27
5.25
6.15
6.37
6.125
5.125
4.94
60
50
100
2,230
J
134
51
102
125
133
153
>
2,229
>
2,254
>
2,254
,
2,417
50
52
52
50
125
50
-
50
25
28
25
6.35
28
6.33
25
5.09
6.44
50
50
5.68
6.375
4/7/69
4/16/69
10/7/69
7/16/69
4.875
6.25
6.25
4/1/69
4/9/69
10/1/70
10/2/73
7/9/70
7/29/70
5.14
5.57
6.25
6.23
11/1/67
3/7/68
6/9/69
5/2/69
6/9/69
9/9/70
5.45
5.57
6.89
5.00
6.20
6.20
6.20
1/24/69
4/16/69
7/17/69
7/24/69
4/3/68
7/24/69
7/16/69
8/18/69
1/23/70
7/3/69
6/12/68
12/12/69
10/5/70
10/16/70
5.90
7.70
7.55
23
23
55
133
54
133
50
30
50
124
30
39
-
2,367
>
2,367
>
101
2,320
153
133
6.20
7.00
7.50
50
100
5.58
(Continued on following page)
J
^
50
6.40
•
-
125
5.03
5.60
1/16/69
4/7/69
4/16/69
10/3/67
1/9/68
4/1/69
4/2/69
4/9/69
4/29/69
7/3/69
7/16/69
2,005
► 2,131
I
66
5.00
5.00
6.30
2/3/69
8/23/67
11/17/67
2/6/69
2/17/69
5-44
5.58
5.65
5.77
1/2/69
1/6/69
4/6/70
1/4/71
7/2/73
8/6/69
VSwiss
) Swiss
\ Swiss
VSwiss
»
55
134
2.50
10/16/68
1/26/68
2,005
25
126
10/ 2/68
11/24/67
12/2/68
12/16/68
►
50
55
134
1/29/68
Notes
Feb...
125
5.25
5.50
4.875
5.35
4/7/69
1/16/69
Certificates of indebtedness
1
1,931
26
2/19/73
9/30/68
1/30/70
German marks
12/1/66
1
J
124
11 /1/68
Certificates of indebtedness
Dec...
Total outstanding
end of month
^
101
7/ 26/68
10/7/68
10/16/68
(Netherland
< guilders
1 German marks
Notes
Retired
o
( ] millions <f dollars)
Ia
(Percent)
ir
1968-July....
Issued
30
100
22
25
22
134
-
60
T reasury B u lletin
PUBLIC D E B T
OPERATIONS.
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
Amount
(Dollar equivalent)
Month of
activity
Securities
Payable
in —
Issue
date
Maturity
date
Interest
rate
Issued
(Percent)
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Italian lir e
Swiss francs
Swiss francs
’ Swiss francs
Swiss francs
Austrian
schillings
Swiss francs
’ German marks
German marks
Germ marks
an
German marks
bSwiss francs
Swiss francs
Swiss francs
’ German marks
Germ marks
an
Italian lir e
German marks
Swiss francs
German marks
German marks
German marks
German marks
German marks
Swiss francs
Swiss francs
Swiss francs
German marks
Germ marks
an
German marks
Swiss francs
Swiss francs
Swiss francs
' Swiss francs
Swiss francs
Swiss francs
Swiss francs
2/6/69
8/6/69
7/17/69
8/18/69
12/16/68
5/27/68
9/29/69
4/7/69
10/7/69
8/6/69
2/6/70
8/18/69
11/18/69
6/18/73
9/29/69
1/29/71
10/7/69
4/7/70
5.125
7.45
7.00
7.10
5.77
6.16
7.85
6.25
7.73
2/24/69
8/18/69
12/2/68
1/2/69
3/3/69
4/1/69
11/18/69
7/24/69
1/23/70
8/24/70
Notes
Swiss francs
Swiss francs
Certificates of indebtedness
Swiss francs
Swiss francs
3/11/69
6/11/70
1/23/70
7/23/70
Notes
Sept.
Notes
Certificates of indebtedness
Oct.
Notes
Certificates of indebtedness
Nov.
Notes
Certificates of indebtedness
1970-Jan.
Notes
Feb..
Certificates of indebtedness
Mar..
Notes
Certificates of indebtedness
Apr..
May..
June.
Notes
July.,
Notes
10/2/67
1/5/68
7/30/68
8/19/68
9/30/68
10/2/68
1/16/69
4/2/69
8/19/69
10/2/69
1/30/70
8/6/69
2/6/70
7/3/67
6/ 24/68
10/7/69
1/6/69
4/6/70
2/6/69
2/17/69
5/6/70
5/19/70
11/8/69
12/2/70
1/4/71
9/3/70
10/1/70
2/18/71
1/23/70
7/23/70
4/3/72
7/5/72
1/30/70
2/19/73
1/30/70
4/2/73
7/2/73
10/2/73
2/19/73
10/2/73
6/1/71
2/6/70
8/6/70
1/3/72
10/2/72
12/22/72
4/7/70
4/6/70
7/6/71
5/6/70
5/19/70
8/6/71
8/19/71
5.65
6.37
6.44
6.25
7.60
7.50
8.08
5.38
5.46
5.40
5.20
5.30
5.25
6.125
6.23
3.05
4.43
8.10
7.45
8.125
5.28
5.73
6.25
7.73
6.15
6.75
6.40
6.35
7.70
7.73
S Swiss francs
L Swiss francs
4/9/69
4/29/70
7/9/70
7/29/70
6/11/70
9/13/71
7/23/70
1/22/71
7/9/70
7/29/70
10/8/71
10/29/71
50
j Swiss francs
\ Swiss francs
2/6/70
8/6/70
8/6/70
2/5/71
6/9/69
9/9/70
7.70
7.55
6.70
6.55
f Swiss francs
) Swiss francs
50
30
8.125
6.75
2,220
30
55
54
2,195
25
30
50
50
50
50
1,996
30
100
100
125
125
125
124
26
126
125
124
)
1,390
135
134
26
50
50
10
10
10
1,390
i,« o
55
52
1.366
52
25
28
26
1.366
28
23
23
1.366
100
8.08
6.75
6.20
6.20
7.30
7.23
2,220
100
30
30
6.375
7.60
Total outstanding
end of month
(In millions of dollars)
6.33
7.10
Certificates of indebtedness
1969-Aug.
Retired
100
Certificates of indebtedness
Sept.
Notes
Swiss francs
Swiss francs
Oct...
Notes
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
7/3/69
7/16/69
10/5/70
10/16/70
9/9/70
12/9/71
10/5/70
10/16/70
1/5/72
1/17/72
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
7/23/70
1/22/71
9/9/69
1/29/71
1/22/71
7/22/71
1/29/71
5/30/72
6.75
4.40
7.85
4.40
Swiss
I Swiss
f Swiss
, Swiss
francs
francs
francs
francs
8/6/70
2/5/71
11/18/69
2/18/71
2/5/71
8/5/71
2/18/71
5/18/72
6.75
4.26
7.60
3.90
3/10/71
9/10/71
3.35
250
1.366
1.366
30
Swiss francs
> 1,366
101
Aug..
S
O
39
50
30
40
1971-Jan..,
f Certificates of indebtedness
\ Notes
C Certificates of indebtedness
Feb...
| Notes
Mar...
Source:
Certificates of indebtedness
Bureau of the Public Debt.
6.89
6.90
50
101
22
133
100
22
134
1.366
100
30
1.366
30
50
50
30
1,366
1,616
M ay 1971
61
.UNITED STA TE S SAVINGS BONDS
interest yields, maturities, and other terms appear in the
Series E and H are the only savings bonds currently
being sold.
Treasury Bulletins of April 1951, May 1952, May 1957, October
Series E has been on sale since May 1, 1941,
Series
and December 1959, and May and October 1961\ the Annual Report
A-D were sold from March 1, 1935, through April 30, 1941.
of the Secretary of the Treasury fiscal year 1966 (pages 197
and Series H has been on sale since June 1, 1952.
Series F and G were sold from May 1, 1941, through April
and 258 ) % and fiscal year 1967 (pages 179 and 181); and the
30, 1952.
Treasury Bulletin of June 1968.
Series J and K were sold from May 1, 1952, through
April 3 - 1957.
0,
Details of the principal changes in issues,
Table SB-1. - Sales and Redemptions by Series, Cumulative through April 30, 1971
(In millions o f dollars)
Amount outstanding
Sales 1 /
Series
Series
Series
Series
Series
A-D 2 /.
E and H
F and G
J and K
Sales plus
accrued
discount
Accrued
discount
Redemptions 1 /
Interest
bearing debt
3,949
152,650
28,396
3,556
5,003
184,782
29,521
3,754
4,998
132,241
29,492
3,741
52,541
188,550
Total A-K........
1,054
32,132
1,125
198
34,509
223,059
170,471
52,541
Matured
noninterestbearing debt
29
13
47
Footnotes at end of Table SB-4.
Table SB-2. - Sales and Redemptions by Periods, A ll Series Combined
(In millions o f dollars)
Amount Outstanding
Redemptions 1/
Period
Sales 1 /
Accrued
discount
Sales plus
accrued
discount
Total
$ales
price 2 /
Accrued
discount 2/
Interestbearing debt
Matured
noninterestbearing debt
Fisnal vears?
1935-61..................
1962........................
1963........................
1964........................
1965........................
1966........................
1967........................
1968........................
1969........................
1970........................
142,924
4,421
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
18,485
1,358
1,408
1,476
1,517
1,554
1,626
1,735
1,789
1,841
161,407
5,780
5,926
6,132
6,060
6,204
6,592
6,473
6,338
6,291
113,654
5,716
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
103,983
4,934
4,482
4,383
4,488
4,792
4,971
4,978
5,237
5,508
9,671
782
791
781
858
932
951
1,003
1,102
1,240
47,514
47,607
48,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
240
211
157
139
110
95
88
82
82
55
1935-61..................
1962........................
1963........................
1964........................
1965........................
1966........................
1967........................
1968........................
1969........................
1970........................
145,068
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
19,154
1,397
1,423
1,508
1,527
1,591
1,686
1,759
1,832
1,909
164,.221
5,675
6,183
6,117
6,013
6,451
6,584.
6,455
6,224
6,574
116,428
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
106,380
4,792
4,259
4,445
4,552
5,043
4,842
5,094
5,457
5,072
10,049
810
762
807
889
957
951
1,040
1,182
1,223
47,458
47,535
48,827
49,734
50,324
50,752
51,581
51,917
51,549
51,842
335
331
201
158
141
164
126
112
64
50
366
367
446
157
137
134
183
160
157
151
156
190
192
171
177
184
522
504
580
576
548
508
558
529
574
621
602
690
647
564
483
607
558
475
469
436
373
426
536
428
470
432
454
389
486
448
382
377
349
303
343
110
94
121
110
93
92
86
71
83
114
85
92
87
51,285
51,307
51,281
51,300
51,375
51,414
51,537
51,693
51,842
51,928
52,104
52,324
52,541
58
56
55
54
52
52
51
51
50
Months:
1970-Apr................
May................
June..............
July...............
Aug................
Sept...............
Oct................
Nov................
Dec................
1971-Jan................
Feb................
'Mar................
Apr,. . . . . . . . .
Footnotes at end of Table SB-4.
393
388
351
407
373
384
430
431
513
463
422
343
378
345
49
49
48
47
62
T reasury B u lletin
UNITED STATES SAVINGS ROMFIS
Table SB-3. - Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Amount outstanding
Redemptions 1 /
Period
Sales 1 /
Accrued
discount
Sales plus
accrued
discount
Sales
price 2/
Total
Matured
noninterestbearing debt
Accrued
discount 2/
Interest-bearing
debt
7,685
731
742
754
833
897
913
976
1,086
1,237
43,806
44,955
46,359
47,737
48,795
49,682
50,817
51,572
51,711
51,281
-
8,012
44,485
45,499
47,106
48,366
49,249
50,212
51,352
51,890
51,549
51,842
_
_
-
51,285
51,307
_
-
combined
Fiscal years:
1941-61......................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
Calendar years:
1941-61......................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
Months;
1970-Apr....................
May....................
June..................
July..................
Aug....................
Sept..................
Oct....................
Nov....................
Dec....................
1971-Jan....................
Feb....................
Mar....................
Apr.................. *
107,024
4,421
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
16,214
1,331
109,168
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
366
157
137
134
183
160
157
151
156
190
192
171
177
184
367
446
393
388
351
407
373
384
430
431
513
463
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
1,832
1,909
123,236
5,753
5,904
6,114
6,045
6,192
6,584
6,470
6,337
6,291
126,037
5,650
6,164
6,101
6,000
6,440
6,578
6,452
6,224
6,574
522
504
580
576
548
508
558
529
574
621
602
690
647
79,431
4,603
4,500
4,736
4,987
5,305
5,449
5,715
71,746
3,873
3,759
3,982
4,154
4,408
4,536
4,739
6,198
5,112
6,721
5,484
81,551
4,636
4,557
4,841
5,117
5,477
5,439
5,915
6,565
6,281
73,539
3,882
3,823
4,061
4,254
4,561
4,519
4,898
5,391
5,060
754
733
780
863
916
919
1,017
1,173
563
1,221
453
110
482
388
606
557
474
469
435
372
425
535
427
470
431
94
485
447
121
51,281 •
110
381
93
92
51,300
51,375
51,414
51,537
51,693
51,842
51,928
52,104
52,324
52,541
377
349
302
342
421
342
378
344
86
71
83
114
85
92
87
_
_
_
_
_
_
_
Series F, G, J, and K combined 4/
Fiscal years:
1941-61......................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
Calendar years:
1941-61......................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967..........................
1968.......................
1969...........................
1970...........................
Months:
1970-Apr....................
May....................
June................
July..................
Aug.................. .
Sept..................
Oct....................
Nov..................
Dec......... .........
1971-Jan....................
Feb....................
Mar....................
Apr....................
1,217
27
33,168
27
22
18
22
18
15
15
12
8
31,951
12
8
4
1
4
1
I
29,237^/6/; J
1,110 8/
771 9/
426|/
358
418
472
266
140
27
31,951
Footnotes at end of Table SB-4.
1,230
25
19
16
14
10
6
2
*
33,182
25
19
16
14
10
6
2
*
” -SSw
462 2/
410
323
522
353
218
74
13
78/
J—
J
28,192
1,059
722
400
333
384
434
239
124
24
28,818
909
434
383
297
481
322
195
65
1,045
51
49
27
24
35
38
27
16
3,709
2,652
1,955
1,563
1,074
55
28
27
26
40
32
23
2,973
2,036
1,721
9
_
_
_
_
_
11
2
1
1
1
_
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
*
*
*
*
*
*
*
*
*
*
*
*
1
1
(Continued on following page)
856
397
140
3
1
1
_
1,248
1,368
1,075
540
229
27
222
196
144
127
99
86
80
75
76
49
318
316
188
147
131
155
118
105
58
44
51
50
49
48
47
46
46
45
44
44
43
42
42
M a y 1971
63
.U N IT E D STATES SAVINGS BO N D S.
Table SB-3. - Sales and Redemptions by Periods, Series E through K - (Continued)
(in millions of dollars)
Period
Accrued
discount
Sales 1/
Sales plus
accrued
discount
Redemptions 1/
Total
Sales
price 2/
Accrued
discount 2/
Exchanges of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
Series E
fis c a l.zears:
1941-61...........................
1962................................
1963................................
1964................................
1965................................
1966................................
1967................................
1968................................
1969................................
1970................................
100,026
3,674
3,914
4,136
4,112
4,246
4,599
4,466
4,343
4,289
Calendar years:
1941-61...........................
1962................................
1963................................
1964................................
1965................................
1966................................
1967................................
1968................................
1969................................
1970................................
16,214
1,331
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
116,240
5,005
5,300
5,594
5,614
5,787
6,217
6,196
6,131
6,130
78,034
4,343
4,203
4,363
4,538
4,801
4,895
5,154
5,548
5,959
70,349
3,613
3,461
3,609
3,705
3,904
3,982
4,178
4,462
4,722
7,685
731
742
754
833
897
913
976
1,086
1,237
389
219
191
206
188
212
216
196
184
210
37,817
38,260
39,166
40,190
41,078
41,853
42,959
43,805
44,205
44,167
101,793
3,624
4,185
4,132
4,092
4,450
4,574
4,452
4,221
4,503
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
118,662
4,996
5,589
5,623
5,606
6,031
6,255
6,209
6,052
6,412
80,032
4,349
4,229
4,425
4,650
4,913
4,941
5,300
5,835
5,626
72,020
3,595
3,495
3,646
3,787
3,997
4,022
4,283
4,661
4,405
8,012
754
733
780
863
916
919
1,017
1,173
1,221
490
199
208
198
190
224
207
191
180
228
38,140
38,587
39,740
40,739
41,504
42,398
43,504
44,222
44,259
44,818
157
137
134
183
160
157
151
156
190
511
492
566
561
537
497
542
519
561
499
430
549
495
421
423
396
336
392
389
336
428
385
328
331
310
265
309
44,127
44,172
44,167
44,211
44,308
44,364
44,496
44,664
44,818
192
171
177
184
583
665
622
110
94
121
110
93
92
86
71
83
114
85
92
87
20
18
22
23
18
18
15
16
16
1971 Jan.........................
Feb.........................
Mar.........................
Apr.........................
354
355
431
378
377
340
391
362
372
410
411
488
437
20
22
23
21
44,90e
45,067
45,274
45,473
Figcal .years:
1952-61...........................
1962................................
1963.................................
1964................................
1965................................
1966................................
1967................................
1968................................
1969................................
1970................................
6,998
747
604
521
431
404
367
273
207
160
-
-
389
219
191
206
188
212
216
196
184
210
5,989
6,695
7,193
7,546
7,716
7,829
7,858
7,766
7,506
7,114
7,374
654
575
477
394
.
Months:
May.........................
Aug.........................
Sept.......................
Oct.........................
Calendar years:
1952-61...........................
1962................................
1963................................
1964................................
1965................................
1966................................
1967................................
1968................................
1969................................
1970................................
Months:
1970-Apr.........................
Aug.........................
Nov.........................
1971-Jan.........................
Feb............
Mar............
Apr............
Footnotes at end of Table SB-4.
410
324
244
172
162
11
12
14
15
11
11
16
10
12
20
20
26
26
601
497
396
434
403
Series H
383
311
342
316
-
6,998
747
604
521
431
404
367
273
207
160
1,398
260
298
373
449
504
553
561
650
762
1,398260
298
373
449
504
553
561
650
762
-
7,374
654
575
477
394
410
324
244
172
162
1,519
287
328
416
467
564
497
615
730
655
1,519
287
328
416
467
564
497
615
730
655
_
_
_
_
_
_
_
-
490
199
208
198
190
224
207
191
180
228
6,345
6,912
7,367
7,627
7,744
7,815
7,848
7,668
7,290
7,025
-
11
12
14
15
11
11
16
10
12
20
20
26
26
64
52
57
62
53
46
39
37
33
38
31
35
28
64
52
57
62
53
46
39
37
33
38
31
35
28
_
_
_
-
20
18
22
7,157
7,135
7,114
7,090
7,066
7,049
7,040
7,030
7,025
7,027
7,037
7,050
7,068
-
_
_
_
_
_
-
_
_
23
18
18
15
16
16
20
22
23
21
64
T reasu ry B ulletin
____________________ ,
______________________ U N I T E D
S T A T E S SAVINGS
B O N D S _____________________________________________
Table SB-4. - Redemptions of Matured and Unmatured Savings Bonds
(in millions of dollars)
Matured
Period
Fiscal years:
1951-55..................................
1956........................................
1957........................................
1958........................................
1959........................................
I960........................................
1961........................................
1962........................................
1963........................................
1964........................................
1965........................................
1966.......................................
1967........................................
1968.......................................
1969........................................
1970........................................
Calendar years:
1951-55..................................
1956........................................
1957........................................
1958........................................
1959........................................
I960........................................
1961........................................
1962........................................
1963........................................
1964........................................
1965........................................
1966........................................
1967........................................
1968........................................
1969........................................
1970........................................
Months:
1970-Apr................................
May................................
Aug................................
Oct................................
1971-Jan................................
Feb................................
Mar......... ......................
Apr................................
Total 1/
Total.
Series E
and H
Unmatured
Other
Total
Series E
and H
Other
Unclassified
1^
30,633
7,846
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
10,059
4,263
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
5,181
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
1,938
1,973
2,059
2,289
2,417
2,762
4,877
2,345
2,144
1,824
1,625
1,822 6/
940 2 /
925 &
/
657 2 /
304
246
280
412
260
143
29
20,459
3,467
4,657
4,739
3,778
4 ,6 a
3,358
3,070
2,951
3,088
3,284
3,300
3,351
3,401
3,566
3,842
16,007
2,785
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
4,451
682
1,526
1,544
543
1,356
283
196
139
140
118
104
79
25
6
-
116
116
185
75
-150
-210
-212
53
73
19
-121
172
99
33
213
115
31,160
11,506
4,246
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 ,8 a
6,097
1,891
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
5,410 i /
2,355
2,072
1,702
2,268 6/
1,089 6/ 2/
922 2/ §/
730 8/ 2/
426 2/
282
216
391
345
209
84
15
19,461
3,899
5,207
3 ,8 a
4,520
3,938
3,100
3,002
3,031
3,157
3,287
3,384
3 ,a 3
3,455
3,726
3,885
15,235
2,920
3,322
3,091
3,445
3,114
2,899
2,827
2,905
3,026
3,176
3,277
3,370
3 ,4 a
3,724
3,885
4,225
979
1,886
750
1,075
825
201
175
125
131
111
107
44
13
2
-
192
120
266
22
-449
-239
-60
213
-52
-76
6
144
-7
26
228
-431
320
181
226
220
295
254
218
237
179
318
180
225
219
294
253
217
236
178
165
235
183
216
398
236
297
285
397
263
408
357
290
398
236
297
285
397
263
408
357
290
301
301
-
270
310
274
270
310
274
_
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
564
483
607
558
475
469
436
373
426
536428
470
432
166
236
184
217
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 a ll 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 (l)
matured Series E bonds for Series G and K bonds from M 1951 through
ay
April 1957 and ( 2) Series F and J bonds for Series H bonds beginning
January I960; however, they exclude exchanges of Series E bonds for
Series H bonds, which are reported in Table SB-3.
2/ Details by series on a cumulative basis and by periods for Series A-D
combined will be found in the February 1952 and previous issues of the
Treasury Bulletin.
21 Because there is a normal lag in classifying redemptions, the distribu
tion of redemption between sales price and accrued discount has been
estimated. Beginning with the Treasury Bulletin of March 1961 the
2
1
2
1
1
1
1
,1
1
1
1
1
1
_
_
_
_
_
_
_
_
-153
65
84
53
-217
-48
-190
-220
-43
69
-79
-24
-59
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 revise
on this basis.
i j 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.
6/ Includes exchanges of Series 1948 F and G bonds for 4-3/4$ marketable
notes of 1964.
2/ Includes exchanges of Series 1949 F and G bonds for l& marketable bonds
of 1969.
8/ Includes exchanges of Series 1950 F and G bonds for 3-7/6# marketable
bonds of 1968.
2 / Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/8$
marketable bonds of 1971 and 4$ marketable bonds of 1980.
10/ Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
* Less than #500,000.
65
M a y 1971
.UNI T E D
S T A T E S
SAVINGS
B O N D S .
Table SB-5. - Sales and Redemptions by Denominations, Series E and H 1/ Combined
(in thousands of pieces)
Period
Total all
denominations
$10 2/
#25
$50
$200 U
$500
$1,000
$5,000
135
1,141
1,469
1,749
1,860
1,822
1,682
247,630
9,286
9,623
10,324
10,409
10,714
11,411
10,769
10,192
10,072
13,831
813
928
1,006
982
1,010
1,068
987
869
878
34,040
1,186
1,233
1,220
1,087
1,101
1,131
987
871
868
36,051
1,237
1,270
1,214
1,033
1,042
1,064
906
796
796
308
30
25
22
18
17
15
11
8
7
137
16
16
16
14
13
H
12
11
7
252,133
9,196
10,162
10,445
10,366
11,114
11,214
10,563
9,805
11,049
14,227
799
1,019
1,000
970
1,054
1,041
945
828
1,007
34,632
1,098
1,325
1,151
1,044
1,155
1,076
932
818
950
36,661
1,127
1,357
1,117
978
1,110
996
853
753
848
323
27
24
20
17
17
13
10
7
8
144
15
17
15
13
14
13
12
11
4
821
882
1,095
908
948
73
84
98
73
80
86
88
79
67
1
1
1
1
1
2
Sales
Fiscal years:
1941-61.................. .
1962.........................
196 3
.
196 4
.
196 5
196 6
.
1967........................
1963....................... .
196 9
197 0
2,224,236
86,479
89,627
96,609
99,560
103,500
114,4.33
117,279
118,184
117,026
21,076
2,265,750
87,094
94,123
98,414
100,657
107,949
117,004
118,955
116,123
120,130
21,076
2/
1,482,549
53,010
54,629
59,230
60,928
63,430
71,506
75,925
78,508
78,043
388,614
20,901
21,903
23,442
23,947
24,704
26,476
25,823
25,106
24,675
1,507,962
• 53,503
57,391
60,217
61,841
66,381
74,422
78,023
77
77,828
398,593
21,329
22,828
23,816
24,106
25,498
26,417
25,694
24,332
26,583
632
1,322
1,607
1,811
1,925
I,659
1,853
9,718
9,188
11,712
10,522
9,855
9,071
10,676
9,390
9,785
6,562
5,890
7,492
1,975
2,040
2,691
146
141
177
6,967
6,213
5,703
6,929
5,842
151
161
153
173
153
1971-Jan. p...........
Feb. p ...........
Mar. p...........
10,433
9,396
11,704
6,756
5,712
7,182
2.233
2,294
2,129
2,371
2,218
2,359
2,278
2.234
2,740
Incegtio^to^^date^^
3,257,767
21,076
2,135.131
Fiscal years:
1941-61......................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1,770,111
83,804
83,469
87,242
90,012
94,720
98,349
105,060
114,396
118,696
19,583
78
62
54
51
47
38
33
29
30
1,809,897
84,285
84,965
88,054
92,352
97,063
101,135
109,053
118,230
112,392
9,669
8,415
10,884
9,823
8,657
8,890
8,270
7,270
8,657
9,246
8,118
9,038
Calendar years:
1941-61..................
1962........................
196 3
196 4
196 5
196 6
196 7
196 8
196 9
1970 p....................
Months:
1970-Ap r
May................
June..............
July..............
Aug................
Sept..............
Oct.* *...........
Nov*................
Dec................ .
$10,000 i / 6/
$100
$75 2/
881
964
947
89
80
77
76
90
106
121
68
71
70
88
71
56
69
65
63
87
109
117
83
88
79
3
1
*
1
160
969
•159
157
196
969
981
1,226
87
89
94
96
120
II,320
626.448
Redemption 2 /
349,222
23,198
44,510
46,132
471
259
1,239,938
52,958
53,018
55,264
56,736
59,235
61,960
66,956
73,560
76,446
292,909
18,746
19,022
20,034
20,744
21,948
22,627
23,605
25,308
25,789
170,206
9,150
8,715
9,080
9,322
9,822
9,839
10,276
10,955
11,410
6,887
653
601
20,263
1,077
1,005
1,051
1,070
1,113
1,084
1,106
1,165
1,297
20,225
1,126
1,028
1,088
1,122
1,182
1,169
1,208
1,266
1,4.38
63
10
12
15
19
22
24
24
28
33
35
5
5
7
9
10
12
13
14
18
19,620
71
58
50
50
45
34
30
30
27
1,265,310
53,231
54,055
55,682
58,045
60,546
64,375
70,014
76,000
72,691
301,805
19,006
19,402
20,204
21,330
22,545
22,959
24,201
25,976
24,443
174,407
9,129
8,771
9,180
9,532
10,031
9,860
10,482
11,317
10,586
7,171
653
615
670
715
786
761
822
908
20,751
1,070
1,008
1,067
1,080
1,137
1,047
1,125
1,254
1,169
20,728
1,108
1,037
1,111
1,136
1,226
1,123
1,232
1,373
1,285
68
12
13
18
20
24
21
27
31
28
38
5
6
8
9
12
11
U
17
15
3
2
3
2
2
2
2
1
2
2
2
2
6,178
5,434
7,045
6,348
5,640
5,824
5,436
4,851
5,779
5,720
5,139
5,814
2,117
1,806
2,339
2,137
1,877
1,937
1,79^
1,538
108
98
127
116
100
102
97
86
103
121
126
137
950
807
1,043
921
793
793
728
725
938
747
828
78
69
87
77
64
62
59
47
55
77
61
65
110
93
115
104
87
82
75
63
66
120
103
123
115
91
85
77
67
70
3
2
2
3
2
2
2
1
1
99
72
81
109
76
83
1
1
1
2
1
1
1
1
1
1
1
1
1
1
1
Inception to date p ...
20,022 1,846,623
507,967
2.723.827
6,193
Note: These figures are estimates by the Office of Debt Analysis in the
Office of the Secretary and are based on the daily Treasury statement
and reports from Federal Reserve banks and the Bureau of the Public Debt.
1/ Sales of Series H bonds began on June 1, 1952; the denominations
authorized were $500, $1,000, $5,000, and $10,000.
2/ Sales were authorized in June 1944, to Armed Forces only, and dis
continued after March 31, 1950.
2/ Sales began on M 1, 1964.
ay
265,862
14,170
30,962
31,625
266
137
Calendar years:
1941-61......................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970 p........................
Months:
1970-Apr....................
July..................
Aug....................
1971-Jan. p ...............
Feb. p...............
Mar. p...............
6,069
1,856
2,176
1,894
2,027
-
*
245
585
837
1,032
1,205
1,303
-
65
434
711
944.
1,105
1,270
1,280
615
648
694
756
760
808
864
933
867
i j Sales began on October 29, 1945.
j>/ Sales of $10,000 denomination Series E bonds were authorized on M 1,
ay
1952.
6 / Includes sales and redemptions of $100,000 denominations Series E bonds
which are purchasable only by trustees of employees1 savings plans,
beginning April 1954, and also personal trust accounts beginni ng Jan
uary 1955.
2 / See Table SB-4, footnote 1.
* Less than 500 pieces, p Preliminary.
66
T r e a s u r y Bulletin
U N I T E D
STATES
United States savings notes were on sale May 1, 1967
through June 30, 1970. The notes were eligible for purchase
by individuals with the simultaneous purchase of Series E
savings bonds.
SAVINGS N O T E S
The principal terms and conditions for purchase and re
demption and information on investment yields of savings
notes appear in the Treasuiy Bulletins of March 1967 and June
1968.
Table SN-1. - Sales and Redemptions by Periods
(In millions of dollars)
Redemptions
Period
Sales 1/
Fiscal vears:
1967..................................
1968..................................
1969..................................
1970..................................
Calendar vears:
1967..................................
1968..................................
1969..................................
1970...................................
Months:
1970-Apr...........................
May...........................
June.........................
July.........................
Aug...........................
Sept.........................
Oct...........................
Nov...........................
Dec...........................
1971-Jan...........................
Feb...........................
Mar.................. .
Apr...........................
Source: Daily Treasury statement;
of the Secretary.
Accrued
discount
201
*
1
Sales plus
accrued
discount
Accrued
discount
Total
*
*
1
201
Sales
price
*
*
*
6
326
12
338
35
323
25
347
111
34
105
80
5
18
80
281
*
*
366
7
76
7
72
31
191
154
145
8
2
2
2
21
21
22
12
*
11
12
8
11
3
3
3
3
3
3
3
3
3
3
11
11
11
-4
13
4
3
4
3
#
3
3
18
17
11
11
18
277
348
160
19
18
20
9
-6
10
1
*
1
*
-3
*
*
Office of Dobt Analysis in the Office
9
19
17
14
15
16
13
14
12
13
12
l/
12
14
12
1
*
3
1
1
1
1
1
1
1
1
1
1
1
1
Amount
outstanding
1
203
505
742
80
354
644
682
718
731
742
742
720
722
707
692
682
669
657
646
636
Sales were discontinued after June 30, 1970. Figures shown thereafter
represent adjustments.
* Less than $500,000.
M a y
67
1971
____________________________O W N E R S H I P
OF
F E D E R A L
S E C U R I T I E S ___________________________
Table OFS-1. - Distribution of Federal Securities by Classes of Investors and Types of Issues
(in millions o f dollars)
Interest-bearing public debt securities
Total
Federal
End of
Total
fisca l year securi
or month
ties out out
standing standing
Held by U.S. Government accounts
Non-marketable
Public
market Special
Total
Other
able
issues
196p
1963
1964
1965.
1966 ,
1967.
1968,
1969.
1970,
306,128
383,^28
369,026
1970-Mar........
Apr.......
M
ay........
June....
384,994
380,142
383,757
383,428
369,963 90,368
365,099 90,193
369, 1 ^
92,331
369,026 95,170
J u ly ....
Aug........
Sept.. . .
Oct.......
Nov........
Dec.......
389,040
393,370
37**,622
313,983
320,3^
326,609
333,284
344,676
371,978
367,969
1971-Jan.......
Feb.......
Mar.......
1/
r
391,160
392,665
396,100
401,650
401,845
403,167
404,688
294,442
301,95^
307,357
313,113
315,**31
322,286
344,401
351,729
5^,255
55,638
58,598
61,071
64,316
71,809
76,138
84,815
95,170
Public
market
able
Non
market
able
159,201
51,323
51,840
52,148
223,809
Total
2,182
13,635
14,694
16,007
16,97**
44,865
44,429
46,5^6
48,549
50,196
56,103
59,374
66,738
76,124
2,071
2,071
2,071
2,071
210,525
214,289
213,964
212,9^1
208, 9U
6
46,719 203,758
52,230 216,032
54,095 212,819
57,714 216,142
16,362
71,935
2,071
2,071
2,071
2,071
55,785
56,508
57,307
57,714
2,071
2,071
2,071
2,071
2,071
2,071
58,597 221,258
59,947 222,590
59,975 221,359
7,208
9,033
9,878
10,351
12,050
16,472
17,044
16,97**
16,805
9^,767
378,905 96,368
376,820 95,^7
378,324 94,4l8
381,667 9^,564
387,252 97,093
16,875
16,984
17,049
17,091
386,487 96,660
388,648 98,016
389,777 98,800
17,209
17,101
17,378
For content see Table FD-6 .
Revised.
Public
issues
held by
Federal
Reserve
banks
Held by private investors
16,866
71,650
73,215
76,124
75,891
77,431
76,541
75,363
75,444
77,931
77,380
78,844
79,366
2,177
2,17**
2,171
2,070
2,071
2,071
2,056
29,663
32,027
34,794
39,100
42,169
60,015
61,233
Matured
public
debt
Total
and debt out
bearing
standing
no
interest l l
Agency securities
7,927
8,123
8,631
9,335
13,377
18 , *f55
2^,399
14,249
12,510
159,668
156,006
56,363
56,814
157,911
58,231
3,759
3,906
M 56
4,161
**,1*76
3,935
3,178
1,991
1,893
218,398
166,047
161,017
162,209
216,142
157,911
162,420
57,762
57,381
57,296
58,231
2,044
2,095
1,9**
1,893
12,988i
12,948
219,506
58,838
58,892
1,9*16
1,996
58,879
58,711
59,704
59,537
1,858
59,369
59,641
1,85**
2,017
1,891
12,472
12,469
12,482
12,465
12,460
12,491
13,504
12,503
13,021
223,891
225,869
62,142 228,017
61,783 228,044
62, 4.62 228,170
64,160 226,817
162,449
161,816
159,244
15^,909
150,318
163,698
162,480
165,180
166,165
168,480
168,675
168,530
165,920
53,697
54,037
53,440
60,898
1,875
1,973
1,907
12,670
12,510
Held by
U.S. Govt,
accounts
and Fed.
Reserve
banks
Held by
private
investors
663
7,264
7,1*16
707
611
469
468
8,020
8,866
2,846
2,553
12,909
16,445
21,398
11,403
9,956
2,526
10,46 2r
2,550
2,565
2,553
10,397
10,104
9,956
2,570
2,599
9,902
9,870
9,829
2,010
3,001
2,652
2,644
2,606
2,59**
2,562
2,289
2,411
9,821
9,854
9,897
10 , 91*2
10,214
10,610
68
T r e a s u r y Bulletin
O W N E R S H I P
O F
F E D E R A L
SECURITIES,
Table OFS-2. - Estimated Ownership of Public Debt Securities by Private Investors
(Par values 1/ in billions of dollars)
End of
month
1939-Dec..................
1946-Feb..................
1950-June................
Dec..................
1951-June................
1952-June................
1955-June................
Dec..................
Dec..................
1963-June................
Dec..................
1967-June................
1968-Jtaie................
Dec..................
1969-Jan..................
Feb..................
Mar.......... .
Apr..................
May..................
July................
Aug..................
S e p t ..........
Oct..................
Dec..................
1970-Jan..................
Feb..................
Mar..................
Apr..................
May..................
June.................
July.................
Aug..................
Sept................
Oct..................
Nov..................
1971-Jan..................
Feb..................
Mar.p...............
Total
privately
held
33.4
231.6
208.3
204.6
199.9
194.3
196.3
194.8
199.8
196.7
203.8
199.9
207.1
203.0
207.0
198.5
200.5
194.6
197.9
197.8
204.5
206.4
212.7
206.7
210.0
208.0
214.8
214.3
219.5
218.2
220.5
218.3
222.5
217.1
220.5
213.4
219.2
207.7
222.4
219.2
228.5
230.0
227.8
228.1
225.6
223.6
214.8
217.9
218.6
219.6
222.7
223.8
222.0
223.5
223.6
225.9
220.5
221.4
218.0
223.2
224.6
223.2
225.8
227.9
229.9
Com er
m
cial
banks
2/
12.7
93.8
74.5
65.6
61.8
58.4
61.5
61.1
63.4
58.8
63.7
63.6
69.1
63.5
62.0
57.3
59.5
56.2
59.5
65.2
67.5
61.5
60.3
55.3
62.1
62.5
67.2
65.1
67.1
64.3
64.2
60.2
63.9
58.2
60.7
54.8
57.4
55.5
63.8
59.7
66.0
64.4
61.2
61.0
58.9
56.7
55.3
56.3
55.0
54.7
56.0
56.7
56.8
54.6
53.0
55.5
54.5
53.9
53.3
55.1
58.0
56.9
58.9
59.9
63.2
Nonbank investors
Total
Total
20.7
137.9
133.8
139.0
138.0
136.0
134.8
133.7
136.4
137.9
140.2
136.3
138.0
139.5
145.0
141.2
141.0
138.5
138.4
132.5
137.0
144.8
152.5
151.4
148.0
Individual j /
Other
Savings bonds
■ secu
Series Other
h and H Series 2/ rities
9.4
63.9
64.I
30.8
30.3
1.9
12.5
13.9
67.4
66.3
65.4
34.5
34.5
34.5
34.7
34.9
35.3
36.0
36.7
37.5
38.2
15.4
15.1
64.6
64.8
65.2
66.1
64.8
64.8
63.5
65.2
65.0
66.6
65.9
66.3
64.9
64.4
63.7
66.3
69.4
69.7
66.1
64.6
39.3
40.1
40.9
41.4
41.5
41.6
42.1
42.5
42.6
42.4
42.5
42.9
43.6
44.2
44.6
45.1
46.0
46.7
47.3
47.9
48.3
145.5
147.7
149.2
152.3
153.9
156.3
158.2
158.6
65.9
65.7
66.0
66.0
68.2
68.8
69.8
158.9
159.8
70.9
72.1
158.7
161.8
152.2
158.7
159.5
162.5
165.6
166.6
167.2
166.7
166.8
159.5
161.6
163.8
164.9
166.7
167.1
165.3
168.8
170.5
170.4
166.0
167.5
164.7
168.1
166.5
166.3
166.9
168.1
166.8
73.1
74.6
49.2
49.8
70.9
74.0
74.8
75.8
76.9
77.1
77.9
78.1
78.3
77.9
78.4
78.7
79.3
80.0
80.2
80.9
82.1
82.8
83.2
82.7
83.0
82.5
82.9
82.3
82.7
82.3
82.4
81.9
50.4
50.9
51.1
51.4
51.4
51.4
51.3
51.3
51.3
51.2
51.1
51.1
51.0
51.0
51.0
51.1
51.0
50.9
50.8
50.8
50.8
50.8
50.8
50.9
50.9
51.1
51.2
51.4
51.4
51.6
51.8
48.8
62.1
167.8
81.7
229.9
'81.1
62.1
168.1
230.2
61.2
167.6
80.0
228.7
Source: Office o f Debt Analysis in the Office of the Secretary.
1 / United States savings bonds, Series A-P and J, are included at cur
rent redemption value.
2/ Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island posses
ions. Figures exclude securities held in trust departments.
2/ Includes partnerships and personal trust accounts.
Exclusive of banks and insurance companies.
L/
14.6
7.5
20.6
20.0
17.6
16.7
16.3
15.5
15.7
16.0
16.8
15.4
15.2
13.6
15.0
14.4
14.1
13.8
13.2
12.7
12.1
11.7
10.9
10.2
14.8
9.4
8.7
7.6
6.6
16.3
15.8
17.2
16.7
5.9
5.2
16.4
16.0
4.5
3.5
3.1
2.7
2.5
2.2
2.1
1.9
1.6
1.5
1.3
1.2
1.0
.9
.7
.5
.3
.3
.4
.5
.5
.5
.5
.5
.6
.6
.6
.6
.6
.7
.7
.7
.7
.7
.8
.8
.8
.8
.8
.8
.8
.8
.7
.7
19.3
23.5
24.1
20.5
18.6
19.5
18.5
19.1
18.5
20.0
20.2
20.7
21.5
22.4
23.2
24.3
20.2
22.8
23.3
23.9
25.0
25.3
26.1
26.3
26.4
26.1
26.6
27.0
27.6
28.3
28.5
29.1
Insurance
companies
5.7
24.4
24.9
19.8
18.7
17.1
16.4
15.7
16.0
16.0
15.9
15.4
15.3
15.0
14.6
13.6
13.2
12.7
12.5
12.2
12.6
12.6
12.5
12.0
11.8
11.4
11.3
11.3
11.5
10.9
11.2
10.8
11.0
10.5
10.3
9.6
9.5
8.6
8.6
8.1
8.0
7.9
7.8
7.7
7.6
7.9
7.7
7.4
7.2
7.1
7.1
7.2
7.1
7.2
7.1
7.0
7.1
6.9
6.8
7.1
7.2
7.1
7.0
6.9
7.0
Mutual
sav
Corpora
ings
tions l j
banks
2.7
11.1
11.8
11.6
10.9
10.2
9.8
9.6
9.5
9.5
9.2
9.1
8.8
8.7
8.5
8.3
8.0
7.9
7.6
7.4
7.2
7.3
6.9
6.6
6.2
6.3
6.1
6.2
6.0
6.0
5.6
5.8
5.5
5.6
5.3
5.0
4.6
2.0
State
and
local
govern
ments
•4
6.7
6.3
8.7
8.8
19.9
15.3
18.4
19.7
20.1
20.7
18.8
19.9
18.6
21.5
16.5
19.1
18.6
23.2
17.3
18.7
16.1
17.7
10.4
11.1
12.0
12.7
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
14.1
18.1
19.8
21.4
19.5
18.7
18.5
18.5
18.2
18.6
16.3
16.5
16.9
18.0
18.8
18.7
19.3
19.0
20.1
20.1
18.7
18.7
18.9
18.2
21.4
21.1
9.4
9.6
22.5
21.1
Foreign
and inter Other
investors
national
6/
i/
.2
2.4
2.1
3.5
4.3
4.2
U. 3
4.7
5.3
5.7
5.9
6.0
6.3
6.8
7.5
7.9
7.8
7.6
7.6
6.5
7.7
10.1
12.0
12.3
13.0
12.7
13.4
14.1
15.3
15.8
15.9
15.6
16.7
15.7
16.7
.3
9.5
9.3
9.6
9.3
9.6
9.4
9.7
9.4
10.0
10.2
10.6
10.6
10.5
10.8
11.4
11.1
11.1
11.5
11.6
11.2
11.8
12.3
12.5
13.5
12.7
13.5
13.6
14.8
15.1
15.6
15.8
16.3
16.8
16.7
16.9
19.4
19.3
19.9
22.2
22.4
24.7
23.9
24.8
24.0
21.9
21.8
22.8
22.8
23.9
24.7
24.8
24.1
24.9
26.1
25.9
23.6
23.3
22.0
23.4
21.8
22.0
21.4
22.1
21.1
21.1
20.1
18.9
15.3
24.1
15.8
22.9
14.2
24.5
15.4
14.9
24.3
14.5
11.0
23.6
14.7
4.1
12.2
15.8
24.1
4.1 .
13.0
3.9
24.6
12,9
3.6
14.2
24.4
14.3
3.6
25.2
15.4
11.9
16.2
3.6
12.0
25.9
3.6
15.6
11.8
25.6
15.0
26.2
3.5
12.3
26.0
3.7
13.7
15.4
12.6
25.2
11.1
3.3
3.2
13.3
11.1
25.3
3.2
25.7
11.9
14.3
25.8
12.7
3-1
12.9
3.0
13.9
12.5
25.4
3.0
11.6
14.3
25.9
2.9
13.3
25.4
11.4
26.1
2.9
13.9
11.7
30.4
13.2
26.2
2.9
31.1
12.3
31.6
13.2
2.9
12.7
25.5
2.8
13.2
11.9
24.7
31.1
25.2
13.8
2.9
12.5
31.4
11.1
24.6
14.8
30.9
2.9
31.2
2.8
12.0
24.2
15.9
30.6
24.2
11.7
16.5
2.9
31.0
24.0
2.9
10.3
17.4
2.8
18.2
30.5
11.1
24.1
10.8
23.2
20.0
2.7
30.4
29.8
2.8
10.6
20.6
22.9
23.0
11.1
.7
29.5
7.3
2.7
20.9
22.9
28.8
7.2
2.8
10.2
23.8
.7
6.8
2.8
11.0
22.6
.7
27.5
25.4
Consists of the investments of foreign balances and international
accounts in the United States.
6 / Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also includ
ed are certain government deposit accounts and government-sponsored
agencies.
2 / Includes U.S. savings notes. Sales began M 1, 1967 and were dis
ay
continued after June 30, 1970.
p Preliminary.
M ay 19 71
69
.TREASURY
S U R V E Y
O F
O W N E R S H I P ,
MARCH 31, 1971
19^1 Treasury Bulletin, for corporations and savings and loan
The monthly Treasury Survey of Ownership covers securi
ties issued by the United States Government, Federal agencies,
associations in the September i960 Bulletin, and for State and
Federally-sponsored agencies., and the District of Columbia.
local governments in the February 19 6 2 Bulletin.
The banks and insurance companies included in the Survey cur rently account for about 90 percent of all such securities
held by these institutions.
Holdings by commercial banks distributed according to
Federal Reserve member bank classes and nonmember banks are
The similar proportion for cor
porations and for savings and loan associations is 50 percent,
published for June 30 and December 3 1 .
and for State and local governments, 70 percent.
ate pension trust funds axe published quarterly, first ap
Data were
Holdings by corpor
pearing in the March 195^ Bulletin.
first published for banks and insurance companies in the May
Table TSO-1. - Summary of Federal Securities
Classification
Total
amount
outstand
ing 1 /
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
(Par values - in millions o f dollars)
Held by private investors covered in Treasury Survey
State and local
Insurance companies
governments
490
5,694
Total
488
commer mutual
187
private cial
452 fire , savings 469
savings 290
pension
inves
casualty, and loan corpo 316
banks
banks
life
tors
and
associa rations general. and re
funds
tirement
2/
2/
marine
tions
funds
M orandum
em
:
All
Held by
other
37,570
private corporate
pension
inves
tors 3 / trust
funds k/
Public debt issues:
Interest-bearing public
debt securities:
Marketable.......................
Nonmarketable jj /. .............
Special issues
Total interest-bearing
public debt securities.
Matured debt and debt
bearing no interest.........
Total public debt
securities.............. .
Government agency issues:
Regular issues....................
Participation
certificates 2/ . ................
Total Govt, agency
securities covered in
Treasury Survey..............
Nonsurveyed Govt, agency
securities......... ...............
Total Govt, agency
Total Federal securities ...
247,457
62,271
an,n/Q
o<j U
47
81,538
2,056
7Q ^00
( 79
389,777
162,959
1,891
391,668
165,920 49,836
60,215
47 6/
683
2,813
226,817 49,883
2,820
7
(
3,181
JX.
3,212
2,702
9f
*
<7
C
3,400
Q
7
3,684
*
8,786
/c
4?
2,863
58
• 88,653
tea Q7l
Q
-L
683
1,591
2,729
3,410
3,684
8,830
2,922
149,327
1,739
1,891
162,959
1,891
228,709 49,883
2,820
3,212
2,729
3,410
3,684
8,830
2,922
151,218
1,739
3,650
131
204
125
109
20
120
140
217
2,584
33
7,657
2,050
5,607 1,240
397
48
286
191
43
350
813
2,239
135
11,307
2,181
9,126 1,444
521
156
306
311
43
490
1,031
4,822
168
1,714
230
1,484
13,021
2,411
165,370
239,319
404,688
Footnotes at end of Table TSO-6 .
3,519
10,610
70
T r e a s u r y Bulletin
. T R E A S U R Y
S U R V E Y
O P
O W N E R S H I P ,
MARCH 31, 1971.
Table TSO-2. - Interest-Bearing Marketable Public Debt Securities
by Type and Maturity Distribution
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Classification
By tvoe security:
Issued by U.S. Government:
Total.................................... .......
PXJSaturity distribution:
Call classes (due or fir s t
becoming callable):
Within 1 year.............................
1 to 5 years...............................
5 to 10 years.............................
10 to 15 y e a r s .................. .
15 to 20 years...........................
20 years and over......................
Total...........................................
Maturity classes (final
maturity):
Total...........................................
State and local
governments
Insurance companies
Total
amount
outstand
ing 1/
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,694
commer
cial
banks
2/
490
mutual
savings
banks
2/
88,977
104,305
. 54,175
247,457
27,556
41,848
12,135
81,538
9,239
29,156
11,441
49,836
201
1,344
1,268
120,691
81,487
28,738
1,064
10,305
5.173
247,457
36,624
29,820
10,734
222
3,094
1.044
81,538
17,893
24,837
6,634
51
336
85
49,836
505
1,104
541
23
114,940
86,025
27,199
3,815
4,698
10,780
247,457
36,070
29,916
10,467
947
1,139
3,000
81,538
15,966
26,684
6,553
212
142
279
49,836
2,813
401
241
2,813
442
1,149
519
62
260
381
2,813
488
452 fir e ,
casualty,
and
marine
290
life
savings 469
and loan corpo
associa rations
tions
160
192
2,830
3,181
278
945
1,479
2,702
449
1,494
1,458
3,400
297
264
825
215
931
649
3,181
751
1,101
441
28
333
48
2,702
199
330
537
537
685
895
3,181
585
1,238
408
90
83
298
2,702
2,050
803
830
Held by
a ll
187
pension other
316
general and re inves
funds tirement tors 2/
funds
M orandum
em
:
Held by
37,570
corporate
pension
trust
funds i j
3,684
4,228
2,215
2,343
8,786
334
174
2,355
2,863
88,653
602
570
420
1,591
825
1,659
528
74
244
71
3,400
2,622
834
220
*
3
4
3,684
5,425
1,970
775
48
403
165
8,786
409
442
438
54
1,299
222
2,863
55,339
19,456
7,603
350
3,260
2.644
88,653
779
466
210
4
124
7
1,591
717
1,749
487
134
82
232
3,400
2,249
1,207
219
2
1
6
3,684
5,250
2,087
676
205
205
364
8,786
379
340
282
341
387
1,134
2,863
53,085
21,325
7,052
1,286
1,715
4,190
754
492
204
10
32
100
1,591
44,481
26,135
18,037
88,653
Footnotes at end of Table TSO-6.
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Issue
Treasury b ills :
Regular weekly and annual
maturing:
Apr.
1 9 7 1 ...;...........
M
ay
1971..................
June
1971..................
July
1971..................
Aug.
1971....'...........
Sept.
1971..................
Oct.
1971..................
Nov.
1971..................
Dec.
1971..................
Jan.
1972..................
Feb.
1972..................
.Mar.
1972..................
Tax anticipation:
Apr.
1971..................
June
1971..................
Total Treasury b i lls .......
Treasury notes:
5-1/4%
M
ay 1971-A.
8
M
ay 1971-E.
Footnotes at end of Table TSO-6.
Total
amount
outstand
ing 1/
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
Insurance companies
5,694
commer
cial
banks
2/
490
mutual
savings
banks
State and local
governments
savings 469
187
316
pension
and loan corpo
associa rations general and re
funds tirement
tions
funds
488
452 fire ,
casualty,
and
marine
290
life
2/
108
48
79
57
22
23
11
17
20
13
22
6
651
64
160
168
66
132
16
24
41
26
3
1
1,053
828
847
388
320
206
105
99
139
115
37
8
98
72
126
22
7
4
*
1
*
*
-
75
19
86
33
19
7
2
*
2
3
2
~
9,239
10
2
201
75
4
160
14
15
278
19
5
449
507
192
2,050
924
1,324
31
52
3
10
43
58
49
33
48
29
18,624
15,423
15,711
8,917
7,314
7,506
1,701
1,702
1,702
1,199
1,201
1,200
6,018
5,365
4,600
2,373
2,478
2,055
784
741
675
511
454
538
1,564
1,041
1,548
713
577
807
143
194
363
179
226
415
44
29
23
25
8
17
8
5
11
15
3
2
23
8
,22
15
6
1
1
2
2
*
4,262
2,515
88,977
712
252
27,556
706
762
4,265
4,176
1,901
719
-
(Continued on following page)
Held by
a ll
other
inves
tors j /
M orandum
em
:
Held by
37,570
corporate
pension
trust
funds I j
179
138
114
49
46
25
5
5
4
9
-
8,991
7,948
8,221
5,121
3,812
4,253
630
619
449
336
455
231
43
40
4,228
4
334
2,172
1,243
44,481
8
19
602
111
155
5
6
1,151
1,790
27
21
-
71
M a y 1971
T R B A 8 U R Y
S U R V E Y
O P
O W N E R S H I P ,
MARCH 81, 1971
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue - (Continued)
(Par values - in millions of dollars)
Total
amount
outstand
ing 1/
Issue
Held by investors covered in Treasury Survey
State and local Held by
Insurance companies
U.S. Governa ll
governments
488
490
5,694
other
commer mutual
452 fir e , savings 469
counts and
187
inves
290
cia l
savings
casualty, and loan corpo
Federal
pension tors 2/
banks
banks
life
and
associa rations 316
Reserve
general and re
marine
tions
2/
2/
banks
funds tirement
funds
M orandum
em
:
Held by
37,570
corporate
pension
trust
funds k/
Treasury notes - (Continued):
8-1/4%
Aug.
1971-F.............
1971-B.............
Nov.
5-3/8
1971-G.............
Nov.
7-3/4
1972-A.............
Feb.
4-3/4
7-1/2
1972-C.............
Feb.
M
ay
1972-B.............
4-3/4
M
ay
1972-D.............
6-3/4
M
ay
1973-A.............
7-3/4
8-1/8
Aug.
1973-B.............
Feb.
1974-C.............
7-3/4
M
ay
1974-D.............
7-1/4
5-5/8
Aug.
1974-B.............
Nov.
1974-A.............
5-3/4
Feb.
1975-A.............
5-3/4
6
M
ay
1975-B.............
5-7/8
1975-C.............
Aug.
1976-A.............
Feb.
6-1/4
M
ay
6-1/2
1976-B.............
7-1/2
1976-C.............
Aug.
8
Feb.
1977-A.............
1977-B.............
Aug.
7-3/4
Feb.
1978-A.............
6-1/4
1-1/2
Apr.
1971-EA...........
1-1/2
1971-E ...........
O
Oct.
1-1/2
Apr.
1972-EA...........
1-1/2
1972-EO
...........
Oct.
1-1/2
Apr.
1973-EA...........
1-1/2
1973-EO...........
Oct.
1-1/2
1974-EA...........
Apr.
1-1/2
1974-E ...........
O
Oct.
1-1/2
Apr.
1975-EA...........
1-1/2
...........
Oct.
1975- EO
2,257
971
5,832
799
2,681
5,310
2,037
5,842
1,839
3,141
4,507
10,284
3,981
5,148
6,760
7,680
3,739
2,697
4,194
5,163
2,263
8,386
35
72
34
33
34
30
34
42
8
29
345
268
3,547
237
261
2,979
164
2,655
311
217
924
5,560
1,495
1,704
4,458
2,330
2,857
728
1,516
2,854
671
3,135
_
2
_
2
10
924
206
732
209
1,006
955
1,257
1,303
807
1,658
2,078
2,470
1,014
1,544
857
3,207
372
740
1,180
1,076
722
2,517
11
19
6
9
14
6
7
1
3
1
28
10
21
12
32
37
24
56
29
60
44
177
77
95
43
83
16
52
55
77
61
168
•
*
*
*
1
2
*
1
1
2
1
2
•
*
2
4
*
*
1
25
45
9
12
5
3
9
4
1
5
40
2
1
2
1
*
27
16
10
23
16
39
3
37
10
31
31
70
25
82
66
32
8
70
71
34
41
74
*
2
2
1
5
2
7
5
1
2
19
10
16
28
20
55
9
44
14
52
75
245
73
161
66
162
24
37
19
26
32
221
1
*
1
*
1
1
-
14
7
13
3
14
18
23
13
38
39
57
55
74
41
4
45
4
22
29
68
51
45
3
12
*
5
5
4
9
9
•
*
-
118
123
152
34
67
106
38
58
32
70
136
206
86
159
90
62
21
74
88
39
25
164
*
*
-
7
3
1
5
1
3
*
4
2
1
2
22
8
26
26
1
2
5
10
3
10
20
_
-
772
327
341
246
1,265
1,115
518
1,667
596
1,013
1,161
1,454
1,085
1,328
1,139
1,752
431
959
1,222
984
645
2,002
22
37
24
15
10
16
2
26
3
15
28
6
30
4
8
26
8
11
4
16
23
31
79
25
24
35
6
7
23
13
36
79
*
_
*
*
*
*
*
Total Treasury notes.................. .
104,305
41,848
29,156
1,344
192
945
1,494
803
2,215
174
26,135
570
1967-72...........
1967-72...........
1967-72...........
1971................
1971................
1972................
1972................
1973................
1973................
1974................
1974................
1974................
1975-85...........
1978-83...........
1980................
1980..............
1985................
1987-92...........
1988-93...........
1989-94...........
1990................
1995................
1998................
1,234
1,951
2,566
2,806
1,087
981
2,579
3,894
4,344
3,127
3,580
2,239
1,212
1,539
2,592
1,904
1,064
3,807
247
1,553
4,698
1,225
3,948
145
135
275
612
384
582
619
544
615
632
703
458
267
815
747
222
1,347
70
538
1,139
152
892
336
930
661
982
179
212
839
1,418
1,850
1,227
1,270
586
80
81
177
140
51
167
4
24
142
20
65
22
12
28
44
5
7
30
69
75
72
73
21
18
22
46
61
23
118
4
18
260
26
215
18
17
63
10
4
6
13
17
27
22
14
24
33
289
125
352
215
139
28
80
685
33
616
30
66
70
66
19
27
55
127
149
120
100
60
30
33
67
51
28
206
4
39
83
17
31
20
34
54
46
19
27
95
117
158
115
105
66
18
42
92
59
74
118
9
35
82
12
59
49
177
147
35
13
8
11
118
57
79
115
7
*
1
4
*
*
3
■
*
1
3
*
47
34
95
99
102
59
137
210
208
91
90
112
58
99
209
77
48
131
2
65
205
63
102
7
4
20
6
3
7
10
27
33
33
63
48
132
155
162
72
54
494
33
384
387
61
161
559
543
1,152
906
358
387
806
1,171
1,242
752
1,118
613
385
551
895
344
350
1,083
94
369
1,715
838
1,806
4
10
11
18
5
5
25
44
37
18
19
25
8
6
30
16
4
63
10
19
32
2
5
Total Treasury bonds....................
54,175
12,135
11,441
1,268
2,830
1,479
1,458
830
2,343
2,355
18,037
420
.247,457 _
81,538
49,836
2,813
3,181
2,702
3,400
3,684
8,786
2,863
88,653
1,591
Treasury bonds:
2-1/2%
June
2-1/2
Sept.
2-1/2
Dec.
Aug.
4
3-7/8
Nov.
Feb.
4
Aug.
4
Aug.
4
4-1/8
Nov.
4-1/8
Feb.
M
ay
4-1/4
3-7/8
Nov.
M
ay
4-1/4
June
3-1/4
Feb.
4
Nov.
3-1/2
M
ay
3-1/4
Aug.
4-1/4
Feb.
4
4-1/8
M
ay
Feb.
3-1/2
Feb.
3
Nov.
3-1/2
Total marketable public
debt securities.............................
Footnotes at end of Table TSO-6.
242
72
T r e a s u r y Bulletin
T R E A S U R Y
S U R V E Y
O P
O W N E R S H I P ,
MARCH 31, 1971_______________________________ __
Table TSO-4. - Interest-Bearing Nonmarketable Public Debt Securities by Type
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Type
Total
amount
outstand
ing 1/
U.S. Govern
5,694
ment ac
commer
counts and
cial
Federal
banks
Reserve
2/
banks
490
mutual
savings
banks
2/
State and local
governments
Held by
all
savings
187
469
other
pension inves
and loan corpo 316
associa rations general and re tors 2 /
tions
funds
tirement
funds
488
290
life
452 fire,
casualty,
and
marine
Memorandum:
Held by
37,570
corporate
pension
trust
funds i j
U.S, savings.,bonds:
Series E 5/.................
Series H....................
Total U.S. savings bonds......
-
•
*
•
*
*
-
*
-
*
*
*
1
*
*
■
*
*
1
1
45,274
7,048
147
*
-
*
*
*
1
*
1
1
52,321
147
-
-
-
-
-
-
-
-
-
2,091
-
25 6/
-
-
-
-
-
-
-
-
2,056
-
22
7
-
31
-
27
~
-
-
9
44
~
*
~
45,274
7,050
52,324
Other U.S. securities:
Certificates of indebtedness:
Foreign Series.............
Foreign Currency Series.....
Treasury certificates.........
Treasury notes:
Foreign Series.............
Foreign Currency Series .....
Depositary bonds.............
Treasury bonds:
Foreign Series.............
Foreign Currency Series .....
R.E.A. Series ..............
Investment Series B.........
Other.....................
2,091
400
534
-
2,457
1,216
25
24
8
2,351
150
46
-
-
"
~
400
534
-
-
2,457
1,216
-
-
58
-
24
8
-
99
1
150
46
646
—
U.S. retirement plan bonds....
U.S. savings notes.........
Total other U.S. securities...
9,946
2,056
47 6/
7
31
27
9
*
44
58
7,670
1
Total nonmarketable public
debt securities...............
62,271
2,056
47 6/
7
31
27
9
*
45
58
59,991
148
646
—
Footnotes at end of Table TSO-6.
Table TSO-5. - Securities Issued by Government Agencies
(Par values - in millions of dollars)
Issue
Export-Import Bank:
Short-term notes...........................
6.15$ Apr. 1973 (Debentures)..
Participation certificates.........
Total...............................................
Federal Housing Administration:
(Debentures)..................................
Government National Mortgage
Association:
Participation certificates.........
Tennessee Valiev Authority!
Short-term notes...........................
$%
June 1974 (Bonds)...............
8*-3/4 June 1975 (Bonds)...............
4.40 Nov. 1985 (Bonds)...............
4-5/8 July 1986 (Bonds)...............
4-1/2 Feb. 1987 (Bonds)...............
5.70 M
ay 1992 (Bonds)...............
6-3/8 Nov. 1992 (Bonds)...............
8-1/4 Oct. 1994 (Bonds)...............
9
Mar. 1995 (Bonds)...............
9-1/4 June 1995 (Bonds)...............
Total...............................................
Total Government agency securities
covered in survey......................
Footnotes at end of Table TSO-6.
Total
amount
outstand
ing 1 / 8/
U.S.
ment ac
counts and
Federal
Reserve
banks
Held by investors covered in Treasury Survey
Insurance companies
State and local
governments
488
490
5,694
com er
m
mutual
452 fire, savings 469
187
290
cial
savings
casualty, and loan corpo
316
pension
banks
banks
life
and
associa rations general and re
marine
tions
funds
2/
tirement
2/
funds
1,500
400
1,227
3,127
3
3
121
344
465
23
45
68
1
7
8
_
5
23
28
21
23
44
483
70
41
58
89
10
6,430
2,050
896
351
41
591
100
50
50
50
45
70
60
100
100
50
1,266
57
_
57
30
4
4
*
*
*
1
1
*
1
*
3
6
3
1
*
*
3
1
3
11
12
41
11,307
2,181
1,444
-
-
Held by
all
other
inves
tors 2/
M orandum
em
:
Held by
37,570
corporate
pension
trust
funds i j
-
6
6
18
100
117
■
*
75
76
1,500
207
605
2,312
*
11
11
19
-
17
92
87
25
264
168
37
251
738
1,634
124
1
6
3
3
2
*
1
1
*
*
2
*
*
*
1
1
*
-
63
3
11
_
_
2
-
_
-
105
1
*
*
44
18
5
80
-
106
*
28
24
28
16
10
13
1
5
125
333
83
31
14
22
14
47
46
81
86
33
790
_
*
1
1
1
3
1
*
*
1
8
521
156
306
311
43
490
1,031
4,822
168
-
-
*
_
-
-
M a y
1971
73
______________________________ T R E A S U R Y
S U B V I Y
O F
O W N B R S H I P , M A R C H
31,
ioti
Table TSO-6. - (Memorandum) Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Far values - in millions o f dollars)
Held by investors covered in Treasury Survey
Issue
Banks for
7.10#
6.70
5.70
5-1/4
4-1/2
7.30
Total..
cooperatives .
Apr.
1971 (Debentures)
M
ay
1971 (Debentures)
June 1971 (Debentures)
July 1971 (Debentures)
Aug.
1971 (Debentures)
Oct.
1973 (Debentures)
Federal home loan banks:
1971 (Bonds) .......
7 -l/H Apr.
1971 (Bonds) .......
8-3/8 Apr.
M
ay
1971 (Bonds).......
7
8.20
M
ay
1971
June 1971
8.45
July 1971 (Bonds) .......
7.50
Aug.
1971 (Bonds) .......
7.65
Sept. 1971 (Bonds) .......
7.35
8.20
Nov.
1971 (Bonds) .......
8.20
Feb.
1972 (Bonds) .......
8.20
Feb.
1972 (Bonds).......
1972 (Bonds) .......
M
ay
8.15
1972 (Bonds).......
7-3/8 Nov.
Feb.
1973 (Bonds) .......
8.35
4-1/4 M
ay
1973 (Bonds ) .......
7.20
Aug.
1973 (Bonds) .......
Jan.
1974 (Bonds) .......
8.40
8.40
Feb.
1974 (Bonds) .......
Aug.
1974 (Bonds).......
7.65
1974 (Bonds).......
8
Nov.
Feb.
6.10
1975 (Bonds) .......
M
ay
8.05
1975 (Bonds) .......
Aug.
1975 (Bonds) .......
7.95
6-1/2
Nov.
1975 (Bonds) .......
1980
Feb.
7.75
1980
7.80
Oct.
HM
7.10
Nov.
1972 F L C 9J
(Mtg. Backed Bonds)
H C
8.60
Nov.
1995 F IM 9 /
(Mtg. Backed Bonds)
Insurance companies
5 , 691*
490
commer
cial
banks
2/
mutual
savings
banks
2/
1
3
8
12
52
80
86
73
92
59
440
7
9
6
4
3
3
31
1
1
1
15
61
15
6
200
3
6
2
3
11
2
2
2
-
18
1
*
1
*
1
3
1
*
*
1
2
1
*
-
175
-
2
-
Total
amount
outstand
ing
273 10 /
343
375 10/
320
42110/
100
1,832 10/
400
250
350
500
650
500
650
400
250
200
300
200
250
350
400
450
300
250
183
235
250
265
300
350
350
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
47
53
81
102
70
130
70
28
47
21
30
98
53
162
170
27
47
23
38
62
60
68
98
63
34
33
10
11
35
19
20
18
9
12
14
ll
6
21
3
10
11
14
6
3
16
18
27
26
22
290
life
452 fir e ,
casualty,
and
marine
488
savings
469
and loan corpo
associa rations
tions
15
29
22
11
34
8
-
172
197
222
26
1
1
1
2
2
*
61
118
-
1,063
7
*
2
*
11
4
4
2
12
3
9
*
1
1
14
*
l
*
2
2
*
5
11
2
2
2
2
25
13
21
42
36
34
51
34
12
21
17
15
10
33
30
• 38
19
30
46
33
35
35
20
64
46
10
1
7
4
33
4
25
252
176
221
337
442
26
1
18
60
20
13
17
9
10
12
6
3
4
20
6
2
4
3
3
7
16
19
19
6
4
2
2
2
4
5
8
1
*
3
4
1
2
5
2
-
5
8
5
7
4
1
*
19
802
-
-
5
104
12
132
347
27
5,488
184
l
ll
5
30
12
46
4
23
33
13
7
20
*
1
1
333
329
1
3
1
3
2
2
2
3
2
2
1
5
2
10
1,778
391
1?
92
1
5
*
6
88
89
54
98
149
95
80
173
144
36
56
9
8
3
14
23
*
1
*
*
*
*
2
1
4
12
5
2
5
4
4
3
12
*
2
2
2
22
11
15
48
3
*
2
1
*
2
2
1
2
*
3
-
13
(Bonds)...
(Bonds) . . .
(Bonds) . . .
(Bonds)...
(Bonds) . . .
(Bonds) . . .
(Bonds)...
(Bonds) . . .
(Bonds) . . .
(Bonds) . . .
(Bonds) . . .
(Bonds) . . .
(Bonds) . . .
(Bonds) . . .
(Bonds)...
(Bonds) . . .
(Bonds) . . .
(Bonds) . . .
Footnotes at end of table.
200 W j
22k W/
3
21
3
81
10
5,14910J
Total..
Federal land banks:
1967-72
T - y s r Feb.
Apr.
1971
7.35
8-1/2 Apr.
1971
ay
3-1/2 M
1971
July 1971
8.15
July 1971
8.45
6
Oct.
1971
Feb.
5.70
1972
Apr.
1972
4.45
8.20
July 1972
Sept. 1972
3-7/8
Sept. 1972
8.35
Oct.
1972
5-7/8
Jan.
7.95
1973
1973-78
4-1/8 Feb.
July 1973
7.95
July 1973
8.45
7.80
Oct*
1973
32
10
39
1,143
128
1
*
1
6
6
40
64
6
29
35
105
50
51
100
12
73
37
107
2
11
18
1
4
96
35
64
72
22510 ;
300
60
270
232
446
230
300
44210;
109
337
200
40710)
148
350
198
30010j
-
26
12
6
10
9
7
3
19
12
6
29
3
12
8
30
8
17
3
17
16
17
5
16
16
25
26
18
12
18
6
31
5
2
6
32
19
3
14
3
54
223
163
192
*
*
2
1
1
4
1
4
6
8
3
2
*
6
1
3
1
1
5
1
6
3
6
17
l
7
2
2
1
2
19
8
17
1
3
3
15
6
1
6
3
9
8
10
4
9
40
24
n
5
10
*
1
(Continued on following page)
209
237
1
12
*
2
1
- ♦
*
*
*
*
3
1
i4o
594 10/
417 10j
378 10;
682 1Wj
623 10 /
203 I
M orandum
em
:
Held by
37,570
corporate
pension
trust
funds jJ
14
4
24
5
14
1
*
493 10 /
47715 ;
315107
54310;
Held by
a ll
other
inves
tors 2/
9
22
11
12
31
5
90
3
2
2
6
2
-
9,099
Federal intermediate credit banks:
8.05$ Apr.
1971 (Debentures)
ay
1971 (Debentures)
7-1/4 M
June 1971 (Debentures)
7.30
7.10
July 1971 (Debentures)
6.80
Aug.
1971 (Debentures)
Sept. 1971 (Debentures)
5.70
Oct.
5.30
1971 (Debentures)
Nov.
1971 (Debentures)
4.55
4
Dec.
1971 (Debentures)
M
fcr.
8.15
1973 (Debentures)
7-3/4 July 1973 (Debentures)
July 1974 (Debentures)
5.95
States and local
governments
187
316
general pension
and re
funds
tirement
funds
26
11
16
4
16.
2
7
18
18
2
17
12
6
4
4
8
4
*
12
*
10
*
7
*
*
5
*
*
289
402
234
175
98
235
1
8
13
9
10
16
124
15
2
1
1
1
*
1
3
3
4
1
1
1
*
1
2
3
8
3
127
38
128
126
219
185
200
236
156
io4
155
122
133
155
149
205
238
358
362
239
240
359
409
136
111
89
3,202
50
168
205
27
217
182
276
111
189
276
61
237
120
231
85
203
154
200
25
2
1
4
3
1
3
3
1
3
4
3
2
2
11
1
1
2
74
T r e a s u r y Bulletin
. T R E A S U R Y
S U R V E Y
O P
O W N E R S H I P * M A R C H
31, 1971.
Table TSO-6. - (Memorandum) Securities Issued by Government-Sponsored Agencies
and the District of Columbia - (Continued)
__________ (Par values - in millions of dollars)____________________________________
Held by investors covered in Treasury Survey
Insurance companies
Total
amount
outstand
ing
Federal land banks - (Continued):
(Bonds)
Feb.
1974
(Bonds).
Apr.
7.30
1974
(Bonds).
8-3/8 Jan.
1975
(Bonds).
Apr.
4-3/8
1975
(Bonds).
Feb.
1976
5
(Bonds).
5-3/8 July
1976
(Bonds) •
1978
5-1/8 Apr.
(Bonds).
Jan.
5
1979
(Bonds).
Apr.
1981
6.70
Total.
Federal National Mortgage Association:
Discount notes.
8.75# Apr.
971 (Debentures).
8.20
M
ay
971 (Debentures'
June
6.85
971 (Debentures
8.60
July
971 (Debentures
4-1/8 Aug.
971 (Debentures
7-3/8 Aug.
971 (Debentures
Aug.
8.05
971 (Debentures
4-1/2
Sept.
971 (Debentures.
Sept.
5-3/4
971 (Debentures)
Oct.
8.45
971 (Debentures).
Nov.
6.85
971 (Debentures).
8-1/8
Dec.
971 (Debentures).
Feb.
972 (Debentures).
5-1/8
Mar.
972 (Debentures).
6-3/4
Mar.
8.70
972 (Debentures).
972 (Debentures).
4-3/8 June
June
8.70
972 (Debentures).
7.40
Sept.
972 (Debentures).
8.40
Sept.
972 (Debentures).
7.20
Dec.
972 (Debentures).
8
Dec.
972 (Debentures).
Mar.
7.30
973 (Debentures).
Mar.
8.30
973 (Debentures).
4-1/4 June
973 (Debentures).
June
973 (Debentures).
8.35
8.10
Sept.
973 (Debentures).
Dec.
5-3/4
973 (Debentures).
974 (Debentures).
7-3/4 Mar.
June
974 (Debentures).
7.90
Sept.
5u.65
SSb (Debentures).
Sept.
7.85
97^ (Debentures).
Mar.
975 (Debentures).
7.55
Sept.
7.50
975 (Debentures).
Mar.
976 (Debentures).
5.65
4-1/2
Feb.
977 (Debentures).
6-3/8 June
977 (Debentures).
7-1/4 June
981 (Debentures).
982 (Debentures).
June
6.65
June
6.75
983 (Debentures).
6
Oct.
973 (Capital
Debentures).
8
Apr.
975 (Capital
Debentures).
8-1/8 June
971 (Mtg. Backed
Bonds) .........
Oct.
972 (Mtg. Backed
7-1/2
Bonds).........
8-3/8 June
975 (Mtg. Backed
Bonds) .........
Oct.
8-5/8
990 (Mtg. Backed
Bonds) .........
Total.
District o f Columbia:
4.20# Dec!
1970-79
V
490
5,694
commer- mutual
cial
savings
banks
banks
2/
2/
16
155
102
354 icy
220
200
123
150
15°
442 v y
224
26
28
8
8
14
42
80
11
State and local
governments
488
452 fire , savings 471
157----casualty, and loan corpo 318
pension
and
associa rations general and r e
funds
marine
tions
tirement
funds
290
life
2
6
8
4
4
4
8
13
l
5
12
15
6
3
3
3
16
15
9
8
4
1
1
12
13
10
2
8
6
5
4l
6
9
17
25
14
3
16
Held by
a ll
other
investors 3/
M orandum
em
:
Held by
37,570
corporate
pension
trust
funds 4/
109
208
150
io4
91
117
100
315
96
1,259
285
33
103
168
103
325
71
4,286
84
2,071
500
400
250
400
117
20
136
27
17
7
22
2
12
4
2
13
45
17
39
3
7
3
6
76
23
3
3
2
4
1
40
724
31
25
1
9
30
31
3
2
*
6
1
*
6
13
1
9
7
2
2
2
3
10
7
*
12
7
4
1
1
4
5
4
1
1
5
*
X
*
3
1
4
1
1
860
63
63
22
12
10
17
2
12
7
6
23
48
12
5
2
2
3
2
5
6
5
2
1
6
1
3
3
1
4
2
1
1
2
2
1
4
4
4
2
6,645
118
83
24
61
200
250
96
350
28
8
52
97
51
105
5
4l
22
9
48
24
60
87
23
204
35
15
64
58
237
95
500
350
500
98
250
200
100
300
200
400
400
200
450
250
146
350
1
10
2
*
18
29
5
13
13
6
19
8
27
16
200
65
48
2
17
10
9
31
24
10
15
34
8
8
9
20
10
7
13
19
30
9
250
67
200
150
300
500
350
4oo
109
125
37
300
250
300
350
500
198
250
250
250
132
72
184
25
76
18
11
27
31
15
29
15
8
47
5
31
1
20
19
*
20
5
10
4
4
5
2
8
26
8
49
40
17
30
43
80
13
41
24
17
16
2
1
4
1
3
3
276
18
12
3
11
5
5
45
11
1
276
42
134
200
52
183
287
16
36
4
8
6
4
23
22
12
9
7
2
6
9
37
4
10
13
6
l
3
36
12
4
254
177
219
269
73
160
148
50
181
131
263
1
3
10
244
146
183
184
99
163
174
162
178
194
124
175
89
195
10
217
115
3
22
15
5
117
104
117
115
11
7
2
3
18
17
4
29
15
15
2
1
138
1
10
1
3
2
99
6
30
34
4oo
59
11
8
14
9
1
297
30
250
17
9
3
9
5
199
22
4
13
126
8
311
1,496
128
8,124
218
65
8
200
15,123
(Bonds).
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
36
32
746
60
11
1
2,933
1,121
6
20
Securities issued by the Treasury and Government agencies that are
classified as debt under the new unified budget concept. For debt
subject to limitation, see Table FD-9.
Excludes trust departments.
Included with a ll other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and local government funds not reporting in the Treasury Survey. Also included are cer
tain Government deposit accounts and Government- sponsored agencies.
Consists o f corporate pension trust funds and profit sharing plans
which involve retirement benefits. The data are compiled from
quarterly reports by bank trustees who report total number of funds
administered and Public Debt and Agency Securities held. It is
estimated that these funds account for approximately 90 percent o f
Federal Securities held by a ll corporate pension trust funds. Since the
data are not available each month, the regular monthly Survey includes
holdings by these funds under "Held by a ll other private investors."
The quarterly data are presented as supplemental information in a
167
5/
6/
7/
8/
9/
10/
*
137
1
6
memorandum column accompanying the Survey for each reporting date,
beginning with December 31, 1953.
United States savings bonds, Series E, are reported to th* Treasury
Survey at maturity value but have been adjusted to current redemp
tion value for use in this table.
Includes $12 million depositary bonds held by commercial banks not
included in the Treasury Survey.
Includes Export-Import Bank and Government National Mortgage
Association participation certificates.
Includes matured securities outstanding on which interest has ceased.
Obligation o f the Federal H e Loan Mortgage Corporation. The capital
om
stock o f the Federal H e Loan Mortgage Corporation is held by the
om
twelve Federal H e Loan Banks.
om
Includes securities issued for use as collateral for short-term
borrowings.
Less than $500,000.
M ay 1971
75
M A R K E T Q U O TATIO N S ON T R E A S U R Y S E C U R IT IE S , A P R IL 30, 1971
Current market quotations shown here are over-thecounter clo s i ng bid q u o t ations in the New York market
for the last t r a d i n g day of the month, as reported to
the Treasury b y the F e d e r a l R e s erve Bank of New York.
The securities listed include all regularly quoted public
marketable securities issued by the United States Treas
ury. Securities issued by Federal agencies and guaranteed
by the United States Government are excluded.
Table MQ-1. - Treasury Bills
Amount outstanding
(millions)
13-week
26-week
13-week
26-week
$2,004
2.003
2.004
1,904
1,902
1,901
1,901
1,900
1,900
2,000
2,001
2,001
2,001
$1,402
1,401
1,403
2/ 4/71
2/11/71
2/18/71
2/25/71
3/4/71
3/11/71
3/18/71
3/25/71
V I / 71
4/8/71
4/15/71
4/22/71
4/29/71
11/5/70
11/12/70
11/19/70
11/27/70
12/3/70
12/10/70
12/17/70
12/24/70
12/31/70
1/7/71
1,400
1,399
1.401
1,400
1 ,404
1.402
1,402
1,408
1,401
1,400
1,405
1,400
1,402
1,402
1.401
1.401
1,401
1,602
1,600
1,601
1,600
1,401
1,401
1/14/71
1/21/71
1/28/71
2/4/71
2/11/71
2/18/71
2/25/71
3/4/71
3/H/71
3/18/71
3/25/71
4/1/71
4/8/71
4/15/71
4/22/71
4/29/71
Amount outstanding
(millions)
Bank discount
Issue date
Maturity
date
Bid
Change from
last month
+ .36*
+ .19
+ .18
+ .19
+.24
+.27
+ .26
+.30
+.32
+.26
+.26
+.23
+.22
+.26
+ .25
+.28
+.28
+.37
+.38
+.43
+.49
+.47
3.90%
3.74
3.74
3.76
3.84
3.87
3.88
3.92
3.96
3.96
3.96
3.93
3.93
4.00
4.00
5/6/71
5/13/71
5/20/71
5/27/71
6/3/71
6/10/71
6/17/71
6/24/71
7/1/71
7/8/71
7/15/71
7/22/71
7/29/71
8/5/71
8/12/71
8/19/71
8/26/71
9/2/71
9/9/71
9/16/71
9/23/71
9/30/71
10/7/71
10/14/71
10/21/71
10/28/71
9-month
4.03
4.03
4.14
4.15
4.20
4.21
4.21
4.24
4.24
4.24
4.21
one-year
$1,200
1,201
1,202
1,204
1,202
1,201
1,201
1,201
1,199
1,201
1,200
1,200
$501
501
501
501
501
500
501
500
500
Issue date
9-month
one-year
8/31/70
9/30/70
11/2/70
11/30/70
12/31/70
5/31/70
6/30/70
7/31/71
8/31/70
9/30/70
10/31/70
11/30/70
12/31/70
1/31/71
2/28/71
3/31/71
4/30/71
2/1/71
3/1/71
3/31/71
4/30/71
Amount outstanding
(millions)
Maturity
date
5/31/71
6/30/71
7/31/71
8/31/71
9/30/71
10/31/71
11/30/71
12/31/71
1/31/72
2/29/72
3/31/72
4/30/72
Maturity
date
Issue date
Bank discount
Bid
3.79%
3.85
3.99
4.03
4.21
4.24
4.27
4.36
4.43
4.47
4.47
4.42
Change from
last month
+ .22*
+ .31
+ .28
+.28
+ .47
+.54
+.57
+.69
+.71
+.75
+.79
Bank discount
Bid
Change from
last month
Tax anticipation b ills
10/21/70
$2,515
6/22/71
3.91*
+.35*
-
Table MQ-2. - Treasury Notes
(Price-decimals are 32nds)
Price
Amount
outstanding
(millions)
$4,265
4,176
2,257
971
5,832
799
2,681
5,310
2,037
2/
5,842
1,839
3 ,ia
4,507
10,284
3,981 2/
5,148
6,760
7,680
3,739
2,697
4,194
5,163
2,263
8,386
72
34
33
34
30
34
42
8
31
.4
Description
5-1/4*
8
8-1/4
5-3/8
7-3/4
4-3/4
7-1/2
4-3/4
6-3/4
5
7-3/4
8-1/8
7-3/4
7-1/4
5-5/8
5-3/4
5-3/4
6
5-7/8
6-1/4
6-1/2
7-1/2
8
7-3/4
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
_
-
-
_
-
_
_
_
_
-
_
_
-
_
_
-
-
_
-
-
Footnotes at end of Table MQ-3.
5/15/71-A
5/15/71-E
8/15/71-F
11/15/71-B
11/15/71-G
2/15/72-A
2/15/72-C
5/15/72-B
5/15/72-D
8/15/72-E
5/15/73-A
8/15/73-B
2/15/74-C
5/15/74-D
8/15/74-B
11/15/74-A
2/15/75-A
5/15/75-B
8/15/75-C
2/15/76-A
5/15/76-B
8/15/76-C
2/15/77-A
8/15/77-B
2/ 15/ 78- A
10/1/71-E0
4/ I / 72-EA
10/l/72-EO
4/1/73-E
A
10/1/73-E0
4/ I / 74-EA
10/1/74-E0
4/1/75-EA
1Q/1/75-SQ
4/1/76-EA
Bid
100.07
100.10
101.07
100.16
101.22
100.01
102.05
99.31
101.29
100.06
104.19
105.27
105.01
104.01
99.12
99.24
99.18
100.14
99.24
101.16
101.28
106.00
108.16
107.24
100.22
98.20
96.22
95.00
93.00
91.04
89.00
87.04
85.12
83.20
82.06
Price range since fir s t traded 1 /
Yield
Change
from last
month
Issue
date
Change
from last
month
To
maturity
-.11
-.17
-.19
-.19
-.23
-.25
-.27
-.28
-1.03
-2.13
-2.27
-3.18
-3.17
-3.08
-3.10
-3.16
-3.19
-3.26
- 4 .O4
-4.08
-4.10
-4.14
-4.26
-4.12
-.08
-.20
-1.02
-1.16
-2.02
-2.16
-2.06
-2.08
-1*30
-
-1.90*
-2.19
3.85
4.41
4.50
-2.40*
-3.05
+.55
+.72
8/15/66
10/1/69
2/15/70
11/15/66
5/15/70
4.71
4.67
4.78
4.83
4.84
5.33
5.37
5.77
5.78
5.84
5.83
5.88
5.88
5.94
5.89
6.06
6.15
6.23
6.24
6.12
4.92
5.27.
5.22
5.41
5.48
5.65
5.71
5.73
5.76
5.71
+.91
+.70
+.81
+.85
+1.07
+1.13
+1.24
+1.16
+1.07
+1.01
+1.01
+.97
+.98
+ .95
+ .94
+.88
+.83
+.85
+ .76
+1.11
+.99
+.98
.+1,00
+1.07
+1.08
+.85
+.78
+.62
-
2/15/67
8/17/70
5/15/67
11/16/70
5/17/71
10/1/69
2/15/70
8/15/70
11/15/70
8/15/68
11/15/67
2/15/68
5/15/68
2/15/71
2/15/69
5/15/69
10/1/69
2/15/70
8/15/70
2/15/71
10/1/66
4/1/67
10/1/67
4/1/68
10/1/68
4/1/69
10/1/69
4/1/70
IQ/1/70
4/1/71
+.84
High
Price
103.09
101.15
102.13
104.02
103.12
101.16
103.28
101.12
103.23
100.06
107.24
109.12
109.13
108.12
103.28
104.20
104.20
105.22
105.00
106.28
107.24
111.28
114.08
114.00
106.20
98.28
97.10
96.02
94.16
93.06
91.16
89.10
87.20
85 .IS
82.06
Low
Date
4/7/67
11/23/70
11/23/70
4/7/67
1/21/71
4/10/67
2/19/71
3/11/71
3/11/71
4/30/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/22/71
3/31/71
3/31/71
3/31/71
3/31/71
3/31/71
3/31/71
3/31/71
3/31/71
3/31/71
4/30/71
Price
Date
95.30
99.24
100. 03495.03
99.20
4/18/69
4/30/69
1/29/70
10/1/69
3/29/70
92.24
100.04
91.30
100.24
100.03
99.14
100.03£
100.04
100. 13489.22
89.22
89.18
90.24
99.20
91.20
92.16
97.28
99.31
99.28
100.11
84.16
85.12
83.18
81.20
79.04
76.00
73.30
74.26
76,16
82.06
12/29/69
8/17/70
12/29/69
11/6/70
4/29/71
5/4/70
1/29/70
8/10/70
10/23/70
2/29/69
12/29/69
12/29/69
1/30/70
4/29/71
1/30/70
1/30/70
5/4/70
5/4/70
8/17/70
1/27/71
10/17/66
12/20/67
1/30/70
1/30/70
1/30/70
1/30/70
1/30/70
5/29/70
10/30/70
4/30/71
76
Treasury Bulletin
M A R K E T Q U O T A T I O N S O N T R E A S U R Y SECURITIES,
A P R I L 30,
Table MQ-3. - Treasury Bonds
(Price decimals are 32nds)
Price
Amount
out
standing
(millions)
Bid
$2,806
1,087
981
1,233
2,579
1,951
2,566
3,894
4,344
3,126
4%
3-7/8
4
2-1/2
4
2-1/2
2-1/2
4
4-1/8
4-1/8
3,579
2,238
1,212
4-1/4
3-7/8
4-1/4
3-1/4
4
3-1/2
3-1/4
3-1/2
1,537
2,592
1,904
1,060
4,682
3,806
247
1,552
1,211
3,926
2/
2/
4-1/4
4
4-1/S
3
3-1/2
_
-
-
-
8/15/71
11/15/71
2/15/72
6/15/67-72
8/15/72
9/15/67-72
12/15/67-72
8/15/73
11/15/73
2/15/74
5/15/74
11/15/74
5/15/75-85
6/15/78-83
2/15/80
11/15/80
5/15/85 4 /
2/15/90 4 /
8/15/87-92 4/
2/15/88-93 4 /
5/15/89-94 4 /
2/15/95 4 /
11/15/98 4/
100.01
99.24
99.18
97.26
98.30
96.26
96.07
96.29
96.28
96.00
95.30
94.04
83.06
75.18
86.00
82.02
73.18
73.04
76.22
76.10
75.18
72.24
73.02
Yield
Price range since fir s t traded 1/
Change
from
last
month
To fir s t
C&il OP
maturity
2/
Change
from
last
month
-.08
-.14
-.18
-.16
-1.02
-.29
-1.03
-2.15
-2.18
-3.02
3.86%
+. 64#
+ .79
+ .72
+.58
+.86
+.80
+.81
+1.18
+1.11
+1.22
10/20/41
11/15/45
9/15/63
7/22/64
1/15/65
-3.04
-2.26
-2.00
-3.00
-4.10
-3.12
-2.26
-.16
-2.20
-1.26
-2.10
-.16
-.08
5.73
5.74
6.04
6.14
6.08
6.00
6.08
5.88
+1.15
+.93
+.24
5/15/64
12/2/57
4/5/60
+.43
+.69
+.53
+ .37
+.06
+.26
+.19
+.23
+ .04
+.03
5/1/53
1/23/59
10/3/60
6/3/58
2/14/58
8/15/62
1/17/63
4/18/63
2/15/55
10/3/60
Beginning April 1953, prices are closing bid quotations in the over
the counter market. Prices for prior dates are the mean of closing
bid and ask quotations. "W
hen issued1 prices are included in the
'
history beginning October 1941. Dates of highs and lows in case of
recurrences are in the latest dates.
For amounts to be issued on M 17, 1971, see "Treasury Financing
ay
4.36
4.57
4.53
4.S6
4.94
4.96
5.46
5.46
5.70
6.24
5.96
6.12
4.96
5.39
2/
4/
High
Issue
Low
J3a 4
*
CL8X6
Price
3/1/62
5/15/62
11/15/62
6/1/45
9/15/62
Date
Price
101.27
100.28
101.20
106.16
101.20
109.18
106.16
99.30
100.01
99.28
2/26/62
12/26/63
12/26/62
4/16/46
12/26/62
4/16/46
4/16/46
3/22/71
1/12/64
3/22/71
101.07
110.24
105.28
111.28
103.18
1/12/64
4/22/58
5/5/67
91.30
90.25
91.02
79.12
89.24
78.24
79.06
85.31
85.24
84.28
84.22
82.14
66.30
62.02
71.04
66.24
61.08
59.20
63.00
61.18
61.26
59.20
59.20
97.24
101.04
106.26
104.10
100.11
100.26
101.12
95.14
S/4/54
5/12/61
5/12/61
6/1/58
4/21/58
12/26/62
1/16/63
8/28/63
6/18/55
5/12/61
Date
8/29/66
8/29/66
10/1/69
1/6/60
12/29/69
1/6/60
1/6/60
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
5/26/70
5/26/70
12/29/69
6/24/70
5/26/70
5/26/70
5/26/70
5/26/70
5/26/70
5/26/70
5/26/70
Operations" in the front of this issue of the Treasury Bulletin.
O callable issues market convention treats the yields to earliest
n
call date as more significant when an issue is selling above par,
and to maturity when i t is selling at par or below.
Included in the average yield of long term taxable Treasury Bonds
as shown under "Average Yields of long-Term Bonds."
r
YIELDS OF TREASURY SECURITIES APRIL 30,1971
Based on Closing Bid Quotations
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
PERCENT
LEGEND
■ High coupon
S3
*
issues - 7%% and higher
X Fixed maturity issues
• Callable
issues ■ plotted to earliest call date
when prices are above par and to maturity
date when prices are at par or below
A 2%% issues
*1%% exchange notes
+ Bills - coupon equivalent
i
M
£>
d
O
-3
5
HH
to
o
z
»
>
to
to
M
O
d
w
3
w
to
%
w
CO
o
1970
1971
1972
1973
1974
1975
1976
1977
1978
Mote: The smooth curve is fitted by eye. Market yields on coupon issues due in less than 3 months are excluded.
1979
1980
N
78
Treasury Bulletin
_______________________________________ A V E R A G E
Y I E L D S
O P
L O N G
- T E R M
B O N D S
Table AY-1. - Average Yields of Treasury, Corporate and Municipal Bonds by Periods
Aa new
corporate
bonds 2/
Treasury
bonds 1/
Period
I. B. A.
new Aa
municipal
bonds 2/
I . B. A. |
new Aa
1 Treasury
municipal 1 bonds 1/
bonds 2/ I
I
Monthly series - averages of daily or weekly
Treasury
bonds 1/
1960
Feb........................
Mar........................
July......................
Aug........................
Jan........................
Feb........................
Aug........................
Sept......................
Oct........................
Nov........................
May........................
July......................
Aug........................
Period
1963
4.22
4.25
4.28
4.35
4.36
4.32
4.37
4.22
4.08
4.18 y
4.16
3.98
3.86
3.79
3.84 4 /
3.91
3.93
3.88
5.34
5.24
4.98
4.97
4.95
4.91
4.79
4.65
4.64
4.75
4.82
4.94
1961
3.65
3.45
3.45
3.43
3.40
3.35
3.40
3.15
3.30
3.35
3.20
3.25
3.89 U
3.92
3.93
3.97 y
3.97
4.00
4.01
3.99
4.04
4.07
4.11
4.14
3.89
3.81
3.78
3.80
3.73
3.88
3.90
4.00
4.02
3.98
3.98
4.06
4.63
4.43
4.37
4.57
4.67
4.82
4.81
4.79
4.72
3.30
3.20
3.35
3.45
3.25
3.50
3.43
3.45
3.40
3.30
3.35
3.45
4.15
4.14
4.18
4.20
4.16
4.13
4.13
4.14
4.16
4.16
4.12 1 /
4.14
3.25
3.15
3.10
2.95
3.05
3.15
3.20
3.08
3.05
2.95
2.90
3.00
4.14
4.16
4.15
4.15
4 .1 ^ 1 /
4.14
4.15
4.19
4.25
4.28
4.34
4.43
4.45
4.45
4.49
4.48
4.52
4.57
4.57
4.66
4.71
4.70
4.75
4.92
Period
Treasury
bonds 1 /
4.08
4.09
4.01
3.89
3.88
3.90
4.02 V
3.98
3.94
3.89
3.87
3.87
Feb........................
Mar........................
Aa new
corporate
bonds 2/
Treasury
bonds 1/
4.60
4.52
4.58
1962
4.56
4.53
4.41
4.37
4.32
4.30
4.41
4.39
4.28
4.26
4.23
4.28
As new
corporate
bonds 2/
I. B. A.
new Aa
municipal
bonds 2/
4.34
4.34
4.40
4.37
4.42
4.49
1964
4.50
4.39
4.45
4.48
4.48
4.50
4.44
4.44
4.49
4.49
4.48
4.49
1965
I . B. A.
Aa new
new Aa
corporate municipal
bonds 2/
bonds 2/
series
Treasury
bonds 1/
1966
Aa new
corporate
bonds 2/
I . B. A.
new Aa
municipal
bonds 2 /
1969
2.98
3.00
2.95
3.00
3.00
3.10
3.08
3.00
3.10
3.10
3.20
3.15
4.43
4.61
4.65
4.55
4.57
4.63
4.75
4.80
4.79
4.70
4.74
4.65
4.93
5.09
5.33
5.38
5.55
5.67
5.81
6.04
6.14
6.04
6.11
5.98
1967
3.65
3.63
3.65
3.45
3.60
3.70
3.80
4.10
3.93
3.85
3.90
3.80
5.74
5.86
6.05
5.84
5.85
6.05
6.07
6.02
6.32
6.27
6.52
6.81
3.08
3.05
3.15
3.18
3.15
3.20
3.10
3.10
3.15
3.15
3.12
3.10
4.40
4.47
4.45
4.51
4.76
4.86
4.86
4.95
4.99
5.19
5.44
5.36
3.40
3.50
3.50
3.55
3.83
3.90
3.90
3.85
4.00
4.10
4.30
4.35
6.86
6.44 1 /
6.39
6.53
6.94
6.99
6.57
6.75
6.63
6.59
6.24 1 /
5.97
3.00
3.08
3.10
3.05
3.10
3.20
3.20
3.15
3.30
3.30
3.35
3.45
5.18
5.16
5.39
5.28
5.40
5.23 1 /
5.09
5.04
5.09
5.24
5.36
5.66
5.53
5.35
5.55
5.59
5.90
6.06
6.06
6.30
6.33
6.53
6.87
6.93
1968
6.57
6.57
6.80
6.79
7.00
7.02
6.91
6.54
6.69
6.88
7.00
7.28
4.10
4.25
4.35
4.23
4.37
4.47
4.45
4.20
4.30
4.30
4.50
4.63
5.92
5.84
5.71
5.75
7.63
7.54
7.62
7.76
5.40
5.10
5.00
5.11
Treasury
bonds 1 /
Aa new
corporate
bonds 2 /
I. B. A.
new Aa
municipal
bonds 2/
Aa new
corporate
bonds 2 /
I. B. A.
new Aa
municipal
bonds 2/
Period
7.29
7.33
7.76
7.54
7.62
8.04
8.06
8.05
8.36
8.46
8.94
9.22
1970
9.00
8.84
9.00
9.09
9.53
9.70
9.09
9.08
9.00
9.14
8.97
8.13
1971
4.75
4.80
5.10
5.13
5.20
5.60
5.60
5.90
6.05
5.90
6.05
6.65
6.55
6.25
6.15
6.60
7.00
7.10
6.22
6.00
6.15
6.25
6.05
5.20
Weekly sei*ies - average2 for weeks erading 1970:
Nov.
Dec.
1/
6 . . ..
1 3 ....
20___
27___
6.49
6.39
6.19 1 /
5.96
9.3
9.06
8.98
8.71
6.15
6.00
5.90
n.a.
4 ....
11___
18___
2 4 ....
3 1 ....
5.93
5.89
5.87
6.06
6.16
8.39
8.15
8.07
8.04
8.02
5.05
5.00
5.00
6.05
5.60
1971:
Jan.
Feb.
8 ...
15...
22 ...
29...
6.10
5.95
5.83
5.78
7.96
7.73
7.46
7.38
5.50
5,45
5.00
4.90
5 ...
12 ...
19 ...
26...
5.80
5.78
5.83
5.91
7.35
7.32
7.56
7.94
5.15
5.23
5.00
n.a.
Treasury band yields are based on a composite o f closing bid quota
tions in the over-the-counter market. Series includes bonds on which
the interest income is subject to normal tax and surtax which are
neither due nor callable before 10 years. For bonds currently in
series, see Table MQ-3.
2 / Treasury series based on reoffering yields of new corporate bonds
rated Aa by Moody's Investors Service. The series is calculated to
reflect bonds with no ca ll protection. Currently 5 years o f call
1971:
12.........
19.........
26.........
5*94
5.78
5.65
5.54
7.94
7.74
7.56
7.40
5.75
5.22
4.95
4.70
9 .........
16.........
23.........
30.........
5.66
5.73
5.82
5.81
5.64
7.45
7.56
7.65
7.82
8.00
4.80
5.00
5.17
5.40
5.70
protection is valued at 15 basis points.
Index of new issue reoffering yields on Aa 20 year general obligations
compiled by Investment Bankers Association o f America . Weekly series
are not available prior to January 1970.
if/ O or more new long-term bonds added to the average.
ne
Jjj/ An existing bond dropped from the average.
n.a.
Not available.
2/
AVERAGE YIELDS OF LONG - TERM TREASURY. CORPORATE AND MUNICIPAL BONDS
1962
1969
1963
1964
1965
1966
1967
1968
111111111 i r ii|ii|M|ir T q 11111111 I 111111 1111 1111111111 11111111111 1111 | 1|11 111111111 It II111111111
1
1 1
1961
%
Mor ith Iy Avera iges
---
9.0
1971
1970
i i |M|H|t t 111111111II
A
11
I t
# 1 *
/
M
f k/
Y
T
1
1
I
1
#
1
K
%
tJ3
ft
l*S
iJ
J
/v»
V
/
V
a
m
n
A W .% / h
A y TV
•
.X
:
;
V
/
J
\
6 .0
I
\
V
5.0
v
V
v
■ r -y
««
I.B.A. New Aa
M \icipa! Bonds N
ur,
'V
4.0
&
/ S
/
.■ • v
BONDS
1
i
I
\ /
Treasttry Bonds
Y
/
5.0
.. /
I /
7.0
O LO G -TER
F
N
M
New Aa
Ciwporate Bond
6 .0
/
J
J 1 i
V
I S
l
t1
m
l
YIELDS
^4
AVERAGE
8 .0
7.0
S .
8
9.0
8 .0
3.0
8
4.0
s
S y/ S \jr "M ,r
y
3.0
.1 .I
1
.L
1ill llu J j-L 111 m 111111 11111111 III. iil i i l i i l . i i l l l l l l 1 .1 1 _ll 1 11111L II111111111 11111111111 11111111111. 11111111J11 111I I 111111
1971
1963
1964
1965
1969
1970
1967
1961
1962
1966
1968
VO
Treasury Bulletin
80
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 Bulletin to increase the use
fulness of this section.
Table IFS-1 shows the reserve assets of the United
States, including its gold stock, special drawing rights held
in the Special Drawing Account in the International Monetaiy
Fund, holdings of convertible foreign currencies, and re
serve position in the International Monetaiy Fund.
Table IFS-2 brings together the various statistical com
ponents of the liabilities which enter into the United States
balance of payments calculated on the liquidity basis. The
inclusion of the United States reserve position in the In
ternational Monetary Fund in Table IFS-1 requires that the
’
•holdings of dollars” of the Fund be excluded from the data
on liabilities to foreigners, in order to avoid double count
ing.
Table IFS-3.presents an area breakdown of United States
liquid liabilities to official institutions of foreign coun
tries .
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 Monetaiy Fund.
Table IFS-6 presents United States net monetary gold
transactions with foreign countries and international and
regional organizations.
Table IFS-1. - U.S. Reserve Assets
(In millions of dollars)
Gold stock 1 /
End of
calendar year
or month
Total
reserve
assets
24,832
1958........................................................
1959........................................................
1961........................................................
1962........................................................
1966........................................................
1967........................................................
1969........................................................
1970........................................................
1970-Apr................................................
May.................................................
June...............................................
July...............................................
Aug.................................................
Sept...............................................
Oct.................................................
Nov.................................................
Dec.................................................
1971-Jan.................................................
Feb.................................................
Mar.................................................
1/
2j
2/
lj
22,540
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
15,710
16,964 7 /
14,4*7
16,919
16,165
16,328
16,065
15,796
15,527
15,120
14,891
14,487
14,699
14,534
14,342
14,307
Total 2 /
Treasury
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
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
13,806 6/
13,235
12,065
10,892
11,859
11,072
11,902
11,900
11,889
11,934
11,817
11,494
11,495
11,478
11,072
11,040
11,039
10,963
10,925
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the Interna
tional Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose of making gold subscriptions to the
Fund under quota increases. For corresponding lia b ilitie s see Table
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 in itia l allocation on January 1, 1970, of $867 million and
second allocation on January 1, 1971 of $717 million of special draw
ing rights (SDR) in the Special Drawing Account in the International
Monetary Fund, plus or minus transactions in SD
R.
Includes holdings of Treasury and Federal Reserve System.
11,367
11,367
11,367
11,367
11,367
11,117
11,117
11,117
10,732
10,732
10,732
10,732
10,732
Special
drawing
rights 2/
_
Convertible
foreign
currencies 4/
_
-
-
-
_
-
_
116
99
_
212
-
432
781
_
851
926
925
957
961
961
991
991
961
851
1,468
1,468
1,443
1,443
1,321
Reserve
position in
Internati onal
Monetary Fund j>/
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 6/
326
420
2,345
3,528
2,781 7 /
629
1,290
2,324
1,935
1,581
2,510
980
2,360
1,132
2,350
716
695
1,098
811
2,454
2,323
1,944
1,823
640
1,812
629
491
327
256
257
1,935
1,700
1,700
1,680
1,682
The United States has the right to purchase foreign currencies equiva
lent to Its reserve position in the Fund automatically i f needed.
Under appropriate conditions the United States could purchase addi
tional amounts equal tox the United States quota. See Table IFS-5.
6/ 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.
2/ Includes gain of $67 million resulting from revaluation of the Germ
an
mark in October 1969, of which $13 million represents gain on Germ
an
mark holdings at time of revaluation. See also footnotes 3 and 4 ,
Table IFS-4.
$]
May 1971
81
.INTERNATIONAL FINANCIAL S T A T IS T IC S .
Table IFS-2. - U.S. Liquid Liabilities to Foreigners
(in millions o f dollars)
End of
calendar year
or month
1957.........................
1958.........................
1959.........................
Liabilities to International
Monetary Fund arising from
gold transactions
Total
liquid
lia b il
ities
to a ll
for
eigners
Total
Non
market
able
convert
ible U. S.
Treasury
bonds
and
notes
_
_
_
_
-
Short
term
lia b il
ities
Total reported
fey
banks in
U. S.
Market
able
U. S.
Gov’ t
bonds
and
notes
V
Total
Short
term
lia b il
ities
reported
fey
banks in
U.S. 6/
Market
able
U. S.
Gov’ t
bonds
and
notes
y
834
800
15,372
13,066
1,105
1,201
11,478
11,006
472
1,431
679
752
1,011
1,011
211
211
800
800
13,600
860
860
256
256
906
581
13,680
528
528
905
580
233
233
800
800
908
908
711
711
15,336
15,205
558
558
691
487
473
1,030
1,030
230
230
800
800
11,318
529
462
701
701
14,387
14,208
15,894
15,763
19,525
19,381
13,859
1,033
1,033
12,484
12,539
14,034
14,027
18,916
18,916
609
383
383
344
555 9/ 28,106
28,224
555
429
21,795
27,577
27,695
21,156
325
325
204
204
42
39
50
50
429
429
429
429
429
27,140
26,390
27,172
13,986
380
380
380
382
26,716
26,386
26,215
25,143
25,536
500
800
800
1962 8/ ....................
1963 8/ ....................
{ 26,322
800
800
1964 8/ ....................
/ 28,951
( 29,002
800
800
10c K ft/
f
S
Market
able
U. S.
Gov’ t
bonds
and
notes
V
29,115
200
200
f 22,853
\ 22,936
/ 24,068
( 24,068
{21,027
10^7 Q/
±90( O ....................
j
Total
Short
term
lia b il
ities
reported
fey
banks in
U. S.
[ 29,904
15,825 7/
16,845 7/
19,428
800
Q
/
Gold
invest
ment
2/
O fficial institutions 3/
_
_
_
_
_
_
34
f209
99b
1965.........................
Gold
deposit
1/
Liabilities to nonmonetary
international and regional
Banks and other foreigners organizations 5/
L iabilities to foreign countries
J 26,361
< 29,779
| 33,271
{ 33,119
>33,828
33,614
800
800
800
200
200
500
n.a.
n.a.
10,120
7,917
8,665
9,154
n.a.
n.a.
800
11,078
11,088
800
800
11,830
11,830
10,212
10,212
10,940
10,940
866
800
890
890
800
800
12,748
12,714
11,997
11,963
751
751
800
800
12,467
12,467
13,224
13,220
1,217
1,183
1,125
1,125
703
703
800
800
14,387
14,353
15,428
15,424
8,359
8,359
9,214
9,204
1,079
1,079
11,001
11,056
13,655
15,653
15,646
12,548
12,481
966
876
io£o 0/ ....................
ft/
k
41,776
41,900
9/ 1,019
1,019
219
219
800
800
11,318
11,9922/ 11,054
11,056
11,994
1970.........................
43,269
566
166
400
20,066
19,293
1970-Feb..................
Mar..................
Apr..................
May..................
42,991
42,972
43,362
43,226
43,382
1,010
1,010
1,010
1,010
1,010
210
210
210
210
210
800
800
800
800
800
14,025
14,767
l4,4l4
14,797
13,216
15,306
14,480
397
July................
Aug..................
Sept................
Oct..................
Nov..................
Dec..................
43,513
44-, 012
44,220
44,232
44,493
43,269
1,010
1,010
587
587
210
210
800
800
16,602
16,622
17,778
18,131
19,961
566
166
400
4oo
400
400
417
417
417
579
187
187
179
15,756
15,776
16,932
17,376
1971-Jan..................
Feb. p .............
43,785
44,132
559
559
159
159
400
400
13,958
13,605
19,206
326
326
20,066
19,293
344-
429
429
429
429
429
429
20,500
22,287
19,727
21,509
344
349
429
429
Note:
Table is based on Treasury Department data and on data reported to
the Treasury Department by banks and brokers in the United States.
Data correspond to statistics following in this section and in the
"Capital Movements" section, except for minor rounding differences.
Table excludes International Monetary Fund "holdings of dollars," and
holdings o f U.S. Treasury letters of credit and nonnegotiable, noninterest-bearing special U.S. notes held by other international and
regional organizations. The lia b ilitie s figures are used by the
Department of Commerce in the statistics measuring the balance o f
international payments of the United States on the liquidity basis;
however, the balance-of-payments statistics include certain adjustments
to Treasury data prior to 1963 and some rounding differences, and m
ay
differ because of varying timing in incorporating revisions of Treas
ury data. The table does not include certain nonliquid lia b ilitie s to
foreign o ffic ia l institutions which enter into the calculation o f the
o ffic ia l reserve transactions balance by the Department of Commerce.
1/ Represents lia b ility on gold deposited by the International Monetary
Fund to mitigate the impact on the U.S. gold stock of foreign purchases
for the purpose of making gold subscriptions to the Fund under quota
increases.
2/ U.S. Government obligations at cost value and funds awaiting investment obtained from proceeds o f sales o f gold by the International
Monetary Fund to the United States to acquire income-earning assets.
Upon termination o f investment, the sam quantity o f gold can be
e
n.a.
n.a.
7,618
7,591
7,598
8,275
8,357
5,724
5,950
7,077
n.a.
n.a.
541
n.a.
n.a.
1,190
542
552
530
n.a.
n.a.
660
7,048
7,048
543
550
750
750
7,759
7,841
516
516
1,525
1,541
1,948
1,949
775
791
1,245
1,245
7,911
7,9U
448
448
2,161
1,250
2,195
1,284
8,863
8,863
1,960
1,965
808
808
10,680
351
341
376
376
1,722
1,722
818
818
1,157
904
904
10,625
722
683
683
659
609
663
613
817
911
911
1,152
465
529
529
639
842
26,656
484
476
816
805
76
6
766
25,91^
703
680
652
628
50
50
51
51
52
758
844
763
8l4
785
842
705
799
717
769
738
817
53
45
46
45
47
25
1,050
1,026
976
935
24
4l
26,687
25,850
465
501
536
542
24,700
24,601
24,974
24,525
24,135
23,168
22,582
586
21,795
21,156
639
21,676
20,310
20,990
686
684
25,092
677
725
703
704
19,626
562
567
565
755
715
25
reacquired by the International Monetary Fund.
Includes Bank for International Settlements and European Fund.
k f Derived by applying reported transactions to benchmark data; break
down of transactions by type of holder estimated 1960- 1963. In
cludes securities issued by corporations and other agencies o f the
United States Government, which are guaranteedby the United States.
5/ Principally the International Bank for Reconstruction and Develop
ment and the Inter-American Development Bank.
6/ Includes difference between cost value and face value of securities in
IM gold investment account. Liabilities data reported to the Treasury
F
include the face value o f these securities, but in this table the cost
value of the securities is included under "Gold investment." The
difference, which amounted to $19 million as o f the end o f 1970, is
included in this column.
7/ Includes total foreign holdings o f U.S. Government bonds and notes,
for which breakdown by type of holder is not available.
8/ Data on the two lines shown for this date differ because o f changes
in reporting coverage. Figures on the fir st 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 $17 million increase in dollar value of foreign currency lia
b ilitie s resulting from revaluation o f the Germ mark in October 1969*
an
n.a. Not available.
p Preliminary.
3/
82
Treasury Bulletin
.IN TERN ATIO N AL FINANCIAL STA TIST IC S.
Table IFS-3. - U.S. Liquid Liabilities to Official Institutions o f Foreign Countries, by Area
1/
(in millions of dollars)
Latin
American
Republics
Asia
Africa
1,528
1,058
1,238
1,497
2,731
3,020
3,300
160
194
" it T
178
245
1.189
1.189
1.134
1.134
3,284
3,339
277
277
228
228
9,872
996
1,131
3,145
249
253
7,009
7,001
533
532
3,168
495
259
248
546
225
224
5,860 5 /
1.354
1.354
1,681
Total
foreign
countries
Western
Europe
2/
Canada
14,353
15,424
15,372
8,445
9,220
8,608
1,608
1966 4/.
r 13,600
13,655
7.488
7.488
1967....
' 15,646
1968 4 /.
12,548
{ 12,481
End o f
calendar year
or month
1963.
1964.
1965.
1969 . . .
1970...........
1970-Feb...
Mar...
Apr...
May...
June..
July..
Aug...
Sept..
O ct...
Nov...
Dec...
1971-Jan...
Feb.p.
2/
U
11,994 2/
20.066
1,789
662
13.046
14,025
662
7,251
14,767
590
7,394
6,942
14,414
733
14,797
762
7,311
15,306
500
8,064
16,602
9,569
527
16,622
690
9,674
11,171
17,778
620
18,131
11,589
575
19,961
637
13,254
20,066
662
13.046
20,500
13,702
678
22,287
15,382
727
Data represent short-term lia b ilitie s to the o ffic ia l institutions o f
foreign countries, as reported by banks in the United States, and foreign
o ffic ia l holdings o f marketable and convertible nonmarketable U. S.
Government securities with an original maturity o f more than one year.
Includes Bank for International Settlements and European Fund.
Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
Other
countries
3/
154
3,122
3,190
1.536
4,060
407
355
1,896
702
3.331
183
3,780
2,094
705
204
2,101
3,668
725
245
2,066
3,632
282
744
2,109
3,571
710
352
2,102
3.331
691
382
1,987
692
3,189
390
1,738
661
3,254
334
1,767
3,336
526
338
1,641
3,639
449
341
1.536
4,060
407
355
1,370
4,046
381
323
4,169
325
1,341
343
Data on the two lines shown for ihis date d iffer because of changes
in reporting coverage. Figures on the fir s t 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 $17 million increase in dollar value of foreign currency
lia b ilitie s due to revaluation of the German mark in October 1969.
Preliminary.
y
£/
p
Table IFS-4. - Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions of Foreign Countries
(In millions o f dollars or dollar equivalent)
Payable in dollars
£kid of
calendar
year
or month
Payable in foreign currencies
Total
Total
1962.............
251
1963.............
1964.............
1965.............
1966.............
1967.............
1968.............
1969.............
1970.............
893
1,440
1,692
695
1,563
3,330
3,181 4/
3,563
1970-Apr.... 2,897
May.... 3,096
June... 3,511
163
Belgium
32
32
32
_
125
329
299
144
314
1,334
1,129
2,289
2,428
32
32
32
1,529
1,729
2,229
32
32
32
32
32
32
2,229
2,229
32
32
32
32
354
1(84
353
516
1,692
1,431
2,480
l,8 l4
2,013
July...
Aug.. . .
Sept...
Oct.. . .
Nov.. . .
Dec.. . .
3,508
3,508
3,508
3,567
3,564
3,563
2,425
2,425
2,425
2,484
2,481
2,480
1971-Jan... .
Feb. . . .
Mar.. . .
Apr.. . .
3,563
3,563
3,563
3,563
2,480
2,480
2,480
2,480
_
Canada Denmark Italy
2/
-
_
Korea Sweden Taiwan Thai
land
13
_
-
-
-
-
160
-
-
184
177
146
135
25
-
-
-
20
-
_
118
-
117
32
-
29
29
29
-
15
15
15
15
15
15
-
28
-
25
25
15
15
15
15
15
15
25
25
25
25
15
15
15
15
-
2,229
2,289
2,289
-
2,289
-
2,289
2,289
2,289
2,289
_
“
Note:
For further information, see "Public Debt Operations,” Tables
PD -8 and 9 .
O
1 / Includes bonds issued to the Government of Canada in connection with
transactions under the Columbia River treaty. Amounts outstanding
were $204 million, September 1964 through October 1965; $174 million,
November 1965 through October 1966; $144 million, November 1966 through
October 1967; $114 million, November 1967 through October 1968;
$84 million, November 1968 through September 1969; $54 million
October 196Q through September 1970; and $24 million, October 1970
through latest date.
-
25
25
25
25
25
25
-
-
_
-
-
_
-
-
_
-
-
-
-
-
-
-
-
-
Total
251
730
1,086
1,208
342
1,047
Austria Belgium Germany Italy Switzer
land
3/
50
50
101
25
50
50
-
30
30
30
30
20
20
20
100
100
100
20
20
20
100
100
100
1,083
_
1,083
-
-
1,083
-
-
20
20
20
20
20
20
100
100
100
100
100
100
1,083
_
_
20
20
20
20
100
100
100
100
1,638
1,750 4/
1,083
60
-
-
1,083
-
-
1,083
1,083
_
_
-
.
1,083
1,083
-
_
-
-
_
_
_
_
1,083
1,083
1,083
1,083
-
-
-
275
679
602
50
601
1,051
1,0844/
542
542
542
542
542
542
542
542
542
542
542
542
542
542
200
200
125
125
125
226
125
-
_
-
_
_
_
_
_
_
_
-
-
51
175
257
257
111
211
311
541
541541
541
541
541
541
541
541
541
541
541
541
541
541
Bank for
Inter
national
Settle
ments
-
70
93
-
-
_
_
_
_
_
_
-
_
_
-
2/ Bonds issued to the Government of Italy in connection iri.th military
purchases in the United States.
3/ In addition, nonmarketable Treasury notes amounting to $125 mil.lion
equivalent were issued to a group o f German commercial banks in
June 1968. The revaluation o f the German mark in October 1969 increased the dollar value of these notes by $10 million. See also
footnote 7, Table IFS-1.
4/ Includes an increase in dollar value o f $84 million resulting from
revaluation of the German mark in October 1969* See also footnote 7,
Table IFS-1.
May 1971
83
.IN TERN ATION AL FINANCIAL S T A T IST IC S.
Table IFS-5. - U.S. Position in the International Monetary Fund
(In millions of dollars)
IM holdings
F
of dollars at
end of period
Transactions affecting IM holdings of dollars
F
during period
U.S. transactions with IM
F
Calendar year
or month
1946-57.
1958....
1959....
196 0
196 1
1962----1963....
1964....
1965....
1966....
1967....
1968___
1969....
1970....
Payments
of
subscrip
tions in
dollars
600
1,031
150
525
435
680
776
1,155
IM net
F
income
in
dollars
22
712 6/
-84
150
-45
-2
2
11
16
17
16
18
12
15
20
20
19
25
150
Sept.
Oct..
Nov..
Dec..
Trans
actions
in
foreign
curren
cies 2/
Purchases
of
dollars 2/
Repur
chases
in
dollars
Amount
775
17
1,336
442
-135
626
29
266
165
1,313
•-94
-870
-1,034
1,929
775
792
2,128
2,570
2,435
3,061
3,090
3,356
3 ,5 a
4,834
4,740
3,870
2,836
4.765
28
29
52
62
59
74
75
81
85
94
92
75
55
71
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 i /
326
420
1,290
2,324
1.935
2,650
2,800
2,810
2,706
2,837
3,216
3,337
3,348
4.765
5,000
5,000
5,020
5,018
51
54
54
52
55
62
65
65
71
75
75
75
75
2,510
2,360
2,350
1,155
250
827
271
442
580
521
719
207
5
66
67
150
10
33
150
253
29
1
21
11
#
20
1
-104
131
379
121
11
1,417
-2
2
1
10
-3
1
-1
132 6/
129
104
315
-2,670
-252
-139
-149
-822
-110
-194
-282
-282
-159
-114
-806
-1,343
-854
268
741
-3
Feb..
Mar..
Apr..
Note: The in itia l U.S. quota in the International Monetary Fund was #2,750
million. The U.S. quota was increased to $4,125 million in 1959, #5,160
million in February 1966, and to #6,700 million in December 1970. Under
the Articles of Agreement, subscription payments equal to the quota have
been made 25 percent in gold and 75 percent in dollars.
1 / Represents net Fund sales of gold to acquire U.S. dollars for use in
Fund operations. Does not include transactions in gold relating to gold
deposit or gold investment (see Table IFS-2).
2 / Positive figures represent purchases from the Fund of currencies of
other members for equivalent amounts of dollars; negative figures repre
sent repurchases of dollars, including dollars derived from charges on
purchases and from other net dollar income of the Fund. The United
States has a commitment to repurchase within 3-5 years, but only to the
extent that the Fund’ s holdings of dollars exceed 75 percent of the U.S.
quota. Purchases of dollars by other countries reduce the U.S. commit
-139
-20
-16
-34
-95
-73
-23
Percent
of
U S.
.
quota
U. S.
reserve
position
in IM
F
at end of
period
Total
change
-2
2,063
1970-Apr..
May..
June.
July.
Aug..
1971-Jan..
Net
gold
sales
by IM
F
1/
Transactions by
other countries
with IM
F
235
*
20
-2
U
2,454
2,323
1,944
1,823
1,812
1.935
1,700
1,700
1,680
1,682
ment to repurchase by an equivalent amount.
J / Beginning January 1970, includes dollars obtained by countries other
than the United States from sales of gold to the Fund.
i j Represents the United States gold tranche position in the Fund (the
United States quota minus the Fund's holdings of dollars), which is
the amount that the United States could purchase in foreign currencies
automatically i f needed. Under appropriate conditions, the United
States could purchase additional amounts equal to the United States
quota.
j>/ Includes #259 million gold subscription to the Fund in June 1965 for
a U.S. quota increase which became effective on February 23, 1966.
In figures published by the Fund from June 1965 through January 1966,
this gold subscription was included in the U.S. gold stock and
excluded from the reserve position.
6 / Includes #30 million of special drawing rights.
* Less than #500,000.
Treasury Bulletin
84
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-6. - U.S. Net Monetary Gold Transactions with Foreign Countries
and International and Regional Organizations
(In millions of dollars at $35 per fine troy ounce; negative figures represent net sales by the United States; positive figures, net acquisitions)
Calendar year
Area and country
1966
1967
1970
1969
1968
1969
1970 1 /
Oct.Dec.
Jan.
Mar.
Apr.June -
JulySept.
Oct.Dec. 1 /
Western Europe:
Austria....................................................................
Belgium....................................................................
Denmark....................................................................
France......................................................................
Germany....................................................................
Greece......................................................................
Italy........................................................................
Netherlands.............................................................
Spain........................................................................
Switzerland.............................................................
Turkey......................................................................
United Kingdom........................................................
Bank for International Settlements....................
Other........................................................................
-25
-13
-601
-1
-60
-2
-12
80
-23
19
-85
-30
*
-879
-5
-58
600
-11
-209
-19
-50
3
-835
-90
4
25
325
500
-1
-76
-25
-18
200
36
-2
-129
-10
-50
51
-50
1
-15
4
500
*
-5
200
23
*
5
_
*
-2
1
-2
_
-20
51
-50
-5
_
-1
-129
-10
-30
_
9
_
-21
Total Western Europe........................................... ;
-659
-980
-669
969
-204
721
4
-1
-27
-180
Canada..........................................................................
200
150
50
-
-
-
-
-
-
-
Latin American Republics:
Argentina.................................................................
Brazil......................................................................
Colombia..................................................................
Mexico......................................................................
Peru..........................................................................
Venezuela.................................................................
Other........................................................................
-39
-3
7
10
_
-16
-1
-1
*
-10
35
_
-14
-25
*
_
-40
-25
*
-12
_
-18
-28
-23
-1
-25
-13
_
-42
-15
*
*
-11
-5
-1
*
-1
*
*
_
-9
_
-3
_
-1
-23
-23
_
-25
-10
_
-31
-
Total Latin American Republics...........................
-41
9
-65
-54
-131
-27
-7
-9
-4
-111
Asia:
Japan........................................................................
Other........................................................................
-56
-30
-44
-366
42
-119
-95
-1
24
-1
-39
-119
-79
Total Asia...............................................................
-86
-44
-366
42
-213
-1
24
-1
-39
-197
Africa:
Total Africa...........................................................
-19
-157
-66
-9
-70
-4
-1
-2
-4
-64
Other countries:
Total other countries...........................................
-3
-9
-2
9
-11
5
-
-
-
-11
Total foreign countries...........................................
-608
-1,031
-1,118
957
-631
695
20
-14
-73
-563
International and regional organizations 2 / .......
177
22
-3
10
-156
-
24
-
-322
142
-1,009
-1,121
967
695
44
-14
-395
Grand total.................................................................
1/
-431
Includes in 1970 total (Oct.-Dec. 1970) the U.S. payment of $385
million increase in its gold subscription to the IM and gold sold
F
by the IM to the United States in mitigation of U.S. sales to other
F
countries making gold payments to the IM
F. The country data include,
for the same period, gold sales by the United States to various
countries in connection with IM quota payments. Such sales to
F
-787 1/
-422 1 /
countries and resales by the IM totaled $54-8 million each.
F
2 / Includes International Monetary Fund gold sales to and purchases
, from the United States, gold deposits by the IM (see Table IFS-2,
F
footnote 1) and withdrawal of deposits. The fir s t withdrawal,
amounting to $17 million, was m
ade in June 1968.
* Less than $500,000.
May 1971
85
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, 1931 Execu
*,
tive Order 10033 of February 8 , 19^9 > and Treasury regulations
promulgated thereunder. Statistics on the principal types
of data and the principal countries are published monthly
in the "Treasury Bulletin." Reports are filed with the Fed
eral Reserve Banks by banks, securities brokers and dealers,
and nonbanking concerns in the United States. These statis
tics 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 effec
tive with reports as of May 31> 1 9 6 3 . 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 domi
ciled abroad, and the foreign branches, subsidiaries and
offices of United States banks and business concerns; the
central governments, central banks and other official in
stitutions of foreign countries, wherever located; and inter
national 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 axe reported opposite the foreign coun
try 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 axe reported generally in the Treasury
statistics as liabilities to foreign banks, whereas the li
ability 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 offi
cial institutions are reported opposite the country to which
the official institution belongs. Data pertaining to inter
national 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 'a original maturity of one year or less. "Long
n
term" refers to obligations having an original maturity of
more than one yeax, and includes securities having no con
tractual maturity.
Reporting coverage
Reports axe required from banks, securities brokers and
dealers, and nonbanking concerns in the United States, in
cluding the branches, agencies, subsidiaries, and other af
filiates 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, in
cluding 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 yeax they also report their short
term dollar liabilities to foreigners in countries not shown
separately on the monthly report of liabilities. Banks,
securities brokers and dealers, and in some instances, non
banking concerns, report monthly their transactions in secur
ities with foreigners; the applicable exemption level is
$1 00,000.
Quarterly reports axe filed by exporters, importers, in
dustrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking firms if
their liabilities or claims axe $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 ap
plicable to these reports is $100,000.
Description of statistics
Data collected on the Treasury Foreign Exchange Forms
axe published in the "Treasury Bulletin" in six sections.
Each section contains all the data relevant to the same statis
tical 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, axe 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 for
eign currencies held by U.S. monetary authorities.
Sections III and IV show respectively the liabilities
Treasury Bulletin
86
CAPITAL MOVEMENTS
to, and claims on, foreigners reported by exporters, impor
ters, industrial and commercial, firms,financial, institutions
other than banks and brokers, and other nonbanking concerns
in the United States. The data exclude the intercompany ac
counts of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for
eign parent companies. (Such transactions axe reported by
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 con
cerns 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
nonmarketable U.S. Treasury notes, foreign series, and non
marketable U.S. Treasury bonds and notes, foreign currency
series, which are shown in "International. Financial Statis
tics" section, Table I F S - k ) . The data cover new issues of
securities, transactions in outstanding issues, and redemp
tions of securities. They include transactions executed in
the United States for the account of foreigners, and trans
actions executed abroad for the account of reporting insti
tutions and their domestic customers. The data include some
transactions which are classified as direct investments in
the balance of payments accounts. The data exclude securi
ties issued abroad by foreign subsidiaries of U.S. corpora
tions, 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 out
standing issues, this may differ from the country of the
original issuer. The gross figures contain some offsetting
transactions between foreigners. The net figures for total,
transactions represent transactions by foreigners with United
States residents; but the net figures for transactions of
individual countries and areas may include some transactions
between foreigners of different countries. Beginning with
data for 19&9 * 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 VI 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 for
eigners 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 s r
i e the
intercompany capital transactions of business enterprises
in the United States with their own branches and subsidiar
ies abroad or with their foreign parent companies, and capital
transactions of the United States Government. Consolidated
data on all types of capital, transactions axe 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.
87
M ay 19 71
CAPITAL MOVEMENTS,
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-1. - Short-Term Liabilities by Type of Foreign Holder
(In millions of dollars)
Foreign countries
Banfcs and other foreigners
O fficial institutions 1 /
1 XC lU fiT
p g lXO
Intern;ational ancI • ocfirvn l
Nonmonetaiy
interna
tional and
regional
Total
short
term
lia b ili
ties
Total
1957......................
14,383
13,641
7,917
7,917
-
5,724
3,413
2,252
59
742
200
542
1958......................
15,367
14,615
8,665
8,665
-
5,950
3,460
2,430
59
752
200
552
1959......................
17,261
16,231
9,154
9,154
-
7,076
4,601
2,398
77
1,031
500
531
1960......................
18,701
17,260
10,212
10,212
-
7,047
4,705
2,230
113
1,412
691 y
751
1961 5 / ................
f 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
2,356
2,357
104
104
1,317
1,317
613 y
613 y
704
704
1962 *>/................
f 21,958
t 21,958
19,907
19,874
11,997
11,963
11,949
11,915
48
48
7,911
7,911
5,251
5,251
2,564
2,564
95
95
2,050
2,084
800
800
1963......................
22,877
21,330
12,467
12,437
30
8,863
5,713
3,046
104
1,547
739 y
808
1964 5 /................
f 25,467
<25,518
23,849
23,900
13,224
13,220
13,224
13,220
-
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
1,618
800
800
818
818
1965......................
25,551
24,072
13,066
13,066
-
11,006
7,360
3,376
90
1,618
800
679
1966 5 /................
f 27,724
^27,599
26,343
26,219
12,484
12,539
11,968
12,022
517
517
13,859
13,680
10,023
9,864
3,743
3,743
93
72
1,381
1,381
800
800
581
581
f 30,657
1 30,505
29,370
29,232
14,034
14,027
13,882
13,876
152
152
15,337
15,205
11,132
11,008
4,128
4,120
77
77
1,287
1,273
800
800
487
473
1968......................
31,717
30,234
11,318
10,855
463
18,916
14,298
4,444
173
1,483
800
683
1969 5 / ................
( 40,040
^40,164
38,631
38,752-
11,054
11,056
10,851
10,853
202
202
27,577
27,696
23,412
23,407
3,939
4,063
226
226
1,409
1,413
800
800
609
613
1970......................
41,666
40,449
19,293
19,145
148
21,155
16,893
4,042
220
1,218
400
818
1970-Mar..............
Apr..............
M
ay..............
a , 427
41,807
41,653
41,758
39,872
40,292
13,958
13,605
13,755
13,456
202
13,986
13,838
40,330
40,357
40,750
41,457
41,511
41,788
40,449
40,717
41,135
42,437
14,480
15,756
15,776
16,932
17,376
14,332
15,607
800
800
800
800
800
800
755
714
652
41,862
3,964
3,974
3,987
4,096
3,971
3,946
3,917
3,879
3,955
4,042
4,049
4,111
4,079
1,555
1,514
1,452
July.............
Aug...............
Sept.............
Oct..............
21,751
22,499
22,025
21,564
20,433
20,839
199
214
40,201
25,914
26,687
26,214
End of
calendar year
or month
1967 5 /................
Dec..............
1971-Jan..............
Feb. p.........
Mar. p.........
1/
2/
1/
42,349
42,574
42,680
42,926
41,666
42,143
42,470
43,804
Total
19,206
19,293
19,727
21,509
24,052
Payable
in
dollars
15,628
16,784
17,227
19,057
19,145
19,579
21,359
23,652
Payable
in
foreign
currencies
_
148
148
Payable in dollars
Total
Banks
148
25,850
148
24,600
148
148
24,974
24,525
24,136
22,583
21,155
20,990
19,-626
148
148
148
148
150
400
Includes Bank for International Settlements and European Fund.
Short-term U.S. Government obligations at cost value and funds awaxting
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 sam quantity of gold can be re
e
acquired 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 IM gold investment account
F
18,386
20,400
20,055
18,433
16,893
16,711
15,255
14,054
Other
' foreigners
•
Payable
in
foreign
currencies
202
190
Total
1,428
202
1,505
1,598
1,117
1,168
195
1,138
220
1,218
230
260
1,426
196
189
208
253
1,335
1,367
IM
F
gold
invest
ment 2/
400
400
400
400
400
400
400
y
1,250
1,284
628
705
798
717
768
738
818
1,026
935
967
($19 million at end 1970).
In addition, IM gold investment included investments in U.S. Govern
F
ment bonds and notes which amounted to $109 million at end I960, $187
million at end 1961, and $61 million at end 1963.
5J Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the fir s t 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.
ij
Treasury Bulletin
88
.CAPITAL M OVEM ENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Short-Term Liabilities by Type of Liability
Part A - Foreign Countries
________________________________(In millions of dollars)
O fficial institutions 1 /
Payable in dollars
End of
calendar
year
or month
Total
foreign
coun
tries
Deposits
Dem
and
1957...........
1958...........
1959...........
1960...........
Time
2/
U.S.
Treasury
b ills and
c e r t ifi
cates
Other
short
term
lia b ili
ties 2 /
Payable
in
foreign
cur
rencies
Banics and other foreigners
Payable in dollars
Banks
Other foreigners
Deposits
Dem
and
U.S.
Treasury
b ills and
c e r t ifi
cates
Time
2/
Other
short
term
lia b ili
ties 2/
Deposits
Dem
and
Time
2/
U.S.
Treasuiy
b ills and
c e r t ifi
cates
Other
short
term
lia b ili
ties 2/
Payable
in
foreign
cur
rencies
3,C)59
4,246
612
-
2,7 37
158
518
1, 766
278
209
14,615
3,511
4,392
762
-
3,017
131
312
1, 951
306
174
59
16,231
2,834
5,738
582
-
3,369
492
740
1,833
295
270
77
13,641
59
17,260
3,038
6,193
982
-
4,210
76
419
1,849
148
233
113
1.7fV 2J •••• fl8,699
JQJl “ /
0L 3
^18,781
3,389
3,389
6,412
6,412
1,092
1,092
46
46
4,854
4,917
43
43
402
420
1,976
1,977
149
149
230
230
104
104
il9,908
J
.yOc. 2J •••• \l9,874
3,261
3,234
7,759
7,759
928
922
48
48
4,678
4,678
83
83
490
490
2,096
2,096
116
116
352
352
95
95
7,548
1,036
30
4,102
838
68
704
1,493
966
119
469
104
1963...........
21,330
1,402
2,451
1.yO £/ •••• /23,849
AQA/ ^/
*+
^23,900
1,591
1,591
2,820
2,816
7,554
7,554
1,259
1,259
_
*
-
5,006
5,027
967
967
142
142
1,039
1,077
1,523
1,531
1,257
1,271
72
72
502
503
118
90
24,072
1,535
2,862
7,186
1,483
-
4,941
900
113
1,406
1,574
1,594
87
332
59
1Q A *2/
A
1700 2J •••* /26,343
\26,219
1,679
1,679
2,612
2,668
6,316
6,316
1,361
1,360
5-l7
517
6,795
6,636
1,249
1,243
137
137
1,842
1,848
1,513
1,513
1,819
1,819
83
83
329
329
93
72
f 29,370
2,054
2,054
2,462
2,458
7,985
7,985
1,380
1,378
152
152
7,933
7,763
1,142
1,142
129
129
1,927
1,973
1,693
1,693
2,052
2,054
81
81
302
292
77
77
30,234
2,149
1,899
5,486
1,321
463
10,374
1,273
30
2,621
1,797
2,199
86
362
173
*-7W 2/ •••• f3 S , 631
1 A7
JQ Q *2/
\38,751
1,918
1,919
2,951
2,951
3,844
3,844
2,139
2,139
202
202
16,745
16,744
1,988
1,989
20
20
4,658
4,654
1,709
l,7 i0
1,811
1,934
107
107
312
312
226
226
1970...........
40,449
1,629
2,568
13,354
1,595
148
12,360
1,323
14
3,197
1,734
1,839
131
338
220
1970-Mar...
Apr...
May...
June..
July..
Aug...
Sept k.
O ct...
Nov...
Dec...
1971-Jan...
Feb. p
Mar. p
39,872
40,292
40,201
40,330
1,448
1,300
1,340
1,421
1,576
1,249
1,369
1,444
1,367
1,629
3,412
3,372
3,426
3,475
3,502
3,612
3,440
3,178
2,846
2,568
202
148
148
148
148
148
148
148
148
148
148
150
14,702
15,547
15,020
14,817
13,909
14,432
14,139
13,921
12,747
12,360
11,218
10,044
8,476
21
19
20
26
1,733
1,726
1,893
1,957
1,922
1,323
2,503
2,440
2,248
2,906
2,750
2,656
2,415
2,584
2,113
1,835
1,686
1,877
1,595
1,738
1,766
1,979
1,947
1,781
1,951
1,851
1,729
5,989
6,035
6,417
7,020.
7,946
8,653
10,141
10,919
12,967
13,354
13,609
15,507
17,866
24
23
23
32
21
14
29
26
24
5,081
5,152
5,0354,871
4,768
4,658
4,345
4,145
3,743
3,197
4,271
4,160
1,767
1,785
1,710
1,770
1,662
1,685
1,653
1,607
1,651
1,734
1,689
1,724
1,724
1,748
1,740
1,779
1,824
1,812
1,764
1,770
1,762
1,820
1,839
1,845
1,877
1,870
89
74
102
120
116
116
114
127
115
131
130
361
375
398
383
381
380
380
383
369
338
385
362
356
199
214
202
190
196
189
208
202
195
220
230
260
253
1965...........
J-70(
••. • J29,232
1968...........
40,357
40,750
41,457
41,511
41,788
40,449
40,717
41,135
42,437
1,646
1,560
400
1 / Includes Bank for International Settlements and European Fund.
2/ Time deposits exclude negotiable time certificates of deposit, which
are included in "Other short-term lia b ilitie s ."
2 / Data on the two lines shown for this date d iffer because of changes in
1,195
1,025
890
p
4,664
148
129
reporting coverage. Figures on the fir s t line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date,
Preliminary.
89
May 1971
CAPITAL MOVEMENTS
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-2. - Short-Term Liabilities by Type of Liability - (Continued)
Part B - International and Regional Organizations
(in millions of dollars)
End of
calendar year
or month
Total
international
and regional
Wonmonetary international and regional organizations 2/
IM gold
F
investment:
U.S. Treasury
b ills and
certificates l /
Deposits
Dem
and
1
Time 2/
U.S. Treasury
b ills and
certificates
Other
short-term
lia b ilitie s 2J
200
200
500
691 j j
613 J j
50
209
76
219
354
490
343
449
532
294
2
*
6
*
55
f 2,050
[ 2,084
800
800
540
5613
572
572
138
145
1,547
1,618
1,479
1,381
739
1967 1 / .............................................
f 1,287
^ 1,273
1970..................................................
742
752
1,031
1,442
1,317
y
70
66
42
56
384
207
200
139
215
231
170
212
138
314
266
173
800
800
67
67
124
120
178
178
118
107
1,483
1,413
1,218
800
800
400
68
62
69
113
83
156
394
244
211
108
224
381
1970-Mar...........................................
Apr...........................................
May...........................................
June.........................................
July.........................................
Aug...........................................
Sept.........................................
Oct...........................................
Nov...........................................
1,555
1,514
1,452
1,428
1,505
1,598
1,117
1,168
1,138
1,218
131
128
132
119
131
137
135
144
137
156
151
145
160
207
258
224
232
284
343
330
368
385
381
1,426
1,335
1,367
86
92
70
83
73
66
73
68
68
69
115
64
73
330
237
226
194
218
252
179
189
148
211
1971-Jan...........................................
Feb. p......................................
800
800
800
800
800
800
400
400
400
400
400
400
400
273
279
242
487
447
491
1/
800
800
800
Short-term U.S. Government obligations at cost value, and deposits
awaiting investment (less than $500,000 on all dates shown), obtained
from proceeds of sales of gold by the International Monetary Fund to
the United States to acquire income-earning assets. Upon termination
of investment, the sam quantity of gold can be reacquired by the In
e
ternational Monetary Fund.
2/ Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank; excludes Bank for Internat
ional Settlements and European Fund. Includes difference between
cost value and face value of securities in IM gold investment account
F
($19 million at end 1970).
j/
ij
jj/
p
*
Time deposits exclude negotiable time certificates of deposit, which are
included in "Other short-term lia b ilitie s ."
In addition, IM gold investment included investments in U.S. Government
F
bonds and notes which amounted to $109 million at end I960, $187 million
at end 1961, and $61 million at end 1963.
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the fir s t line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date.
Preliminary.
Less than $500,000.
Treasury Bulletin
90
________________________CAPITAL M OVEM ENTS_________________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM -I-3. - Short-Term Liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
1970
1971
Country
1967
1968
November
December
236
24,112
185
596
189
117
2,267
7,520
I 84
1,317
762
324
274
198
503
1,947
46
5,508
37
594
15
54
22,637
4,213
4,016
605
415
359
258
6
780
174
213
104
643
618
761
91
39
5,065
560
353
327
244
7
876
178
213
108
652
604
806
96
42
5,065
539
305
265
247
7
820
162
225
117
735
620
733
98
39 *
4,911
508
344
256
231
7
828
163
186
125
672
617
799
92
37
4,866
38
250
401
50
118
4,274
195
282
247
549
727
33
258
302
73
135
5,147
199
297
275
508
708
7,936
36
305
236
60
121
5,166
193
294
292
489
722
7,133
35
274
426
85
107
4,557
185
279
260
511
680
7,401
17
14
53
19
567
669
17
10
55
20
471
573
1970
1969 1 /
October
185
596
189
117
2,267
7,520
I 84
1,317
762
324
274
198
503
1,947
46
5,508
37
594
15
54
22,637
4,016
263
742
193
134
2,311
5,977
1,104
800
315
251
299
378
1,985
34
7,865
31
747
13
43
23,694
4,529
539
305
265
247
7
820
162
225
117
735
620
733
98
39
4,911
January
February p March p
Europe:
231
632
243
99
1,330
2,217
170
1,948
589
449
432
150
492
1,732
33
4,667
23
706
8
44
16,194
2,709
162
313
146
314
528
153
314
530
153
120
120
1,581
1,581
2,640
1,381
1,381
183
729
276
448
345
158
453
2,155
29
6,133
33
357
5
48
16,170
2,797
207
627
463
341
309
202
412
2,002
28
11,347
37
1,553
11
50
21,667
3,991
207
627
463
341
309
202
412
2,005
28
11,349
37
1,553
11
50
479
237
252
166
9
720
173
274
147
793
523
233
109
18
479
257
323
249
8
974
154
276
149
792
611
273
88
30
416
425
393
258
7
4,134
4,664
36
217
354
34
125
2,612
176
289
222
616
859
38
270
281
50
215
3,320
171
269
155
556
628
5,541
Turkey...............................................
176
1,383
21,674
4,012
212
709
187
139
2,417
7,543
198
1,162
748
291
250
234
449
1,914
37
6,659
49
828
13
48
204
760
196
117
2,354
7,795
162
1,579
584
317
299
205
519
1,936
53
5,637
36
460
11
63
23,284
3,^63
198
766
216
194
769
112
114
2,349
9,573
140
1,761
739
364
319
183
577
2,021
32
4,776
42
368
12
53
24,606
2,263
8,518
176
1,629
654
313
301
210
541
2,011
51
5,210
46
377
9
56
23,656
3,647
220
3,424
Latin America:
Chile................................................
Uruguay.............................................
Other Latin American Republics...
Netherlands Antilles and Surinam.
848
129
239
111
674
556
1,405
74
34
5,571
416
425
400
261
7
849
140
240
111
691
576
1,405
80
34
5,636
517
326
252
215
8
831
175
178
125
695
614
675
95
38
4,744
523
291
258
186
8
824
174
168
119
645
609
632
101
49
4,584
7,913
36
322
229
65
128
5,451
178
309
278
469
735
8,201
34
295
188
52
122
6,324
191
346
288
443
674
8,955
14
11
83
17
395
521
16
7
71
16
469
580
13
7
71
18
334
443
17
8
56
15
278
392
33
4.25
41,788
389
39
428
40,449
376
34
410
40,717
398
44L
41,135
4??. ..
42,437
1,175
15
162
69
5
1,086
17
156
72
5
1,099
14
165
80
8
Asia:
5,953
36
213
260
86
146
3,788
236
201
196
628
606
6,396
6,417
33
258
302
73
135
5,147
199
297
275
508
708
7,936
33
18
61
16
221
349
12
13
58
18
260
361
87
21
66
23
499
695
87
-21
66
23
505
701
14
11
83
17
395
521
278
27
305
29,232
261
28
282
29
289
30,234
311
38,631
282
29
311
38,751
389
39
428
40,449
International and regional:
International..................................
European regional...........................
Latin American regional................
Asian regional................................
African regional.............................
1,175
6
70
21
1
1,372
8
78
21
4
1,257
6
100
4‘6
*
1,261
6
100
*
975
17
131
90
5
881
26
175
82
5
873
26
152
81
5
975
17
131
90
5
Total international and regional.
1,273
1,483
1,409
1,413
1,218
1,168
1,138
1,218
1,426
1,335
1,367
Grand total...........................................
30,505
31,717
40,040
40,164
41,666
42,680
42,926
41,666
42,143
42,470
43,804
India.................................................
Korea................................................
Philippines......................................
36
213
260
86
146
3,809
236
201
196
628
606
Africa:
Morocco................................ ...........
United Arab Republic (Egypt).......
373
Other countries:
46
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the fir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
*
p
390
31
421 _
41,511
46
453
43
column are comparable to those shewn for the following date.
Less than $500,000.
Preliminary.
9
1
May 1971
_________________________C A P IT A L M O V E M E N T S ____________________________
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 March 31, 1971
Preliminary
Country
EuroDe:
Austria................................................
Belgium-Luxembourg.............................
Denmark................................................
Finland................................................
France..................................................
Germany................................................
Greece..................................................
Italy....................................................
Netherlands.........................................
Norway..................................................
Portugal...............................................
Spain....................................................
Sweden..................................................
Switzerland.........................................
Turkey..................................................
United Kingdom....................................
Yugoslavia...........................................
Other Western Europe.........................
Other Eastern Europe.........................
Total Europe.......................................
Canada......................................................
Latin America;
Argentina.............................................
Brazil..................................................
Chile....................................................
Colombia...............................................
Cuba......................................................
Mexico..................................................
Panama..................................................
Peru......................................................
Uruguay................................................
Venezuela.............................................
Other Latin American Republics.......
Baham and Bermuda...........................
as
Netherlands Antilles and Surinam...
Other Latin America...........................
Total Latin America...........................
Asia:
China Mainland....................................
Hong Kong.............................................
India....................................................
Indonesia.............................................
Israel..................................................
Japan....................................................
Korea....................................................
Philippines.........................................
Taiwan..................................................
Thailand...............................................
Other Asia...........................................
Total Asia...........................................
Africa:
Congo (Kinshasa)................................
Morocco................................................
South Africa........................................
United Arab Republic (Egypt)...........
Other Africa.......................................
Total Africa........................................
Other countries:
Australia.............................................
All other.............................................
Total other countries........................
Total foreign countries........................
International and regional:
International......................................
European regional...............................
Latin American regional....................
Asian regional....................................
African regional................................
Total international and regional...
Grand tota l.............................................
Total
short
term
lia b ilitie s
(Position in millions of dollars)
Short-term lia b ilitie s payable in dollars
To foreign banks and o ffic ia l institutions
To a ll other foreigners
Total
U. S.
Treasury
Deposits 1/ b ills and
c e r t if
icates
48
273
1,761
739
364
319
183
577
2,021
32
4,776
41
368
12
53
24,606
189
720
212
105
2,276
9,489
109
1,707
697
327
248
119
561
1,580
29
4,442
38
187
12
52
23,098
3,424
3,005
523
291
258
186
8
824
174
168
119
645
609
632
101
49
4,584
209
223
111
88
1
489
130
192
104
43
117
41
22
241
270
485
31
8
2,338
34
295
188
52
122
6,324
191
346
288
443
674
194
769
220
114
2,349
9,573
140
43
50
630
485
83
459
373
109
241
103
122
575
28
2,013
24
64
11
42
5,779
2,354
85
436
163
7
1,202
8,348
4
1,195
268
86
435
289
_
1,210
12
28
_
*
13,769
623
Other 1/
56
11
6
4*
443
655
22
52
57
132
8
15
3
716
1
1,219
2
95
*
9
3,550
27
Total
Short-term
lia b ilitie s
payable
U. S.
in
Treasury
foreign
Deposits 1/ b ills and Other 1/ currencies
c e r t if
icates
5
35
8
8
63
54
31
40
36
37
70
61
15
88
3
128
3
30
*
1
44
41
38
71
65
16
137
3
304
4
31
*
2
985
359
*
2
4
*
#
1
8
*
63
_
*
_
*
#
41
*
113
#
*
_
*
*
*
*
*
4
23
*
11
1
*
*
*
*
304
_
30
_
150
_
-
95
12
175
28
523
60
302
66
144
96
6
309
93
8
8
69
62
31
*
10
*
2
715
320
5
49
*
*
*
3
2
*
_
*
*
1
9
12
2
2
2
_
22
11
2
13
3
18
26
10
#
*
1
*
*
*
1
25
*
*
*
*
22
_
*
16
123
49
_
*
_
_
_
4
_
*
_
*
(*
*
5
1
#
1
3
#
13
1
*
3
1
6
_
_
6
_
*
*
*
2
4
*
4
1
*
4
4
*
2
*
*
*
4
313
67
147
98
7
333
106
50
96
404
339
8
51
32
1
7
-
26
26
7
1
_
199
2
11
2
1
51
325
2
*
1,534
151
653
2,196
28
179
169
46
107
6,248
186
235
266
433
584
28
156
52
42
74
1,585
159
198
184
305
340
_
91
1
2,757
44
108
37
23
27
4
32
1,906
27
37
38
20
207
6
115
12
5
15
70
4
110
21
9
88
6
110
12
5
15
63
4
97
21
9
8,955
8,483
3,124
3,037
2,321
457
424
5
27
16
17
8
56
15
278
14
5
49
13
232
11
4
39
12
120
3
6
102
*
1
11
3
3
7
2
45
3
2
7
2
43
*
*
1
*
3
*
*
*
*
373
313
187
110
16
60
57
*
3
*
453
43
440
30
171
25
199
-
70
5
12
10
12
9
*
-
*
*
1
3
495
470
196
199
75
21
21
*
*
4
42,437
37,706
13,174
17,890
6,642
4,079
3,594
1,099
14
165
80
8
1,099
14
165
80
8
161
9
16
39
8
618
_
21
3
320
5
128
38
_
_
_
_
_
_
1,366
233
642
491
*
_
*
_
*
*
_
_
1,367
*
_
*
_
*
*
-
_
_
39.073
13.£07
3,594
129
356
..... .42j
£Q&_
84
1
240
106
20
240
187
159
21
53
5
_
3•
18.532..
4
1
71122,-
126
70
41
A. 079
48
83
401
3a
98
50
40
2,057
84
1 / Deposits exclude negotiable time -ertificates of deposit, which are included in ’'Other” short-term lia b ilitie s .
* Less than $500,000.
, .129.
356
-JS 2. „
652 ... .
92
Treasury Bulletin
__________________________________ CAPITAL M O VEM EN TS_________________________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-5. - Short-Term Liabilities, Countries and Areas Not Regularly Reported Separately
(Position at end o f period in millions of dollars)
Calendar year
Country
"Other Western Europe"
Cyprus......................................................................
Luxembourg...............................................................
Malta........................................................................
Monaco......................................................................
"Other Eastern Europe"
Bulgaria..................................................................
Czechoslovakia........................................................
Estonia....................................................................
Hungary....................................................................
Poland.....................................................................
Rumania....................................................................
Soviet Zone of Germany..........................................
"Other Latin American Reuublics"
Bolivia.................... ...............................................
Costa Rica..............................................................
Dominican Republic...............................................
Ecuador....................................................................
El Salvador.............................................................
Guatemala........................... ........... ........................
Guyana (British Guiana)........................................
Haiti........................................................................
Honduras...................................................................
Jamaica....................................................................
Nicaragua..........................................................
Paraguay...................................................................
Trinidad and Tobago...............................................
"Other Latin America"
British Honduras....................................................
British West Indies...............................................
French West Indies and French Guiana................
"Other Asia"
Afghanistan.............................................................
Bahrain.................... ...............................................
Burma......................................................................
Cambodia...................................................................
Ceylon......................................................................
Iran..........................................................................
Iraq..........................................................................
Jordan....................................................................
Kuwait......................................................................
Laos..........................................................................
Lebanon....................................................................
Malaysia...................................................................
Muscat and Oman.................................................
Nepal........................................................................
Pakistan..................................................................
Qatar......................................... .............................
Ityukyu Islands (including Okinawa)....................
Saudi Arabia..........................................................
Singapore................................................................
Southern Yemen (Aden and South Arabia).............
Syria........................................................................
Trucial States........................................................
Viet N .................. ...............................................
am
"Other Africa"
Algeria....................................................................
Ethiopia (including Eritrea)...............................
F.T.A.I. (French Somaliland).............................
Ghana........................................................................
Ivoiy Coast............................................................
Kenya........................................................................
Liberia....................................................................
Libya.................................... ...................................
Mozambique...............................................................
Nigeria....................................................................
"Portuguese West Africa".....................................
Southern Rhodesia...................................................
Sudan........................................................................
Tanzania...................................................................
Tunisia....................................................................
Uganda......................................................................
"Other Countries"
N Zealand........................................... .................
ew
December
1969
1965
1966
1967
1968
1
6
6
21
1
4
2
7
9
25
1
3
2
4
9
31
1
4
8
6
24
1/
6
4
11
9
38
2
2
1
2
13
7
2
5
4
2
2
13
7
6
2
5
2
3
19
8
4
67
34
72
70
67
68
*
16
31
9
67
14
4
67
35
53
86
69
64
1
16
27
12
73
15
5
2
11
2
1
15
1
6
4
49
3
2
67
12
16
36
3
100
26
*
7
19
*
24
284
9
4
4
2
39
9
6
34
1
3
37
18
40
49
5
100
38
*
14
49
2
16 2/
176
35
5
3
2
132
April
1970
December
1970
5
4
15
10
32
1/
5
3
n.a.
10
41
1/
3
6
5
4
2
2
19
7
8
7
9
2
3
16
8
4
2
4
2
2
18
5
3
8
5
n.a.
3
23
10
2
60
43
55
86
73
•73
2
16
30
22
46
13
6
66
51
69
66
82
86
5
17
33
42
67
16
10
68
52
78
76
69
84
3
17
29
17
63
13
8
76
43
96
72
79
110
3
19
29
17
76
17
11
69
41
99
79
75
100
2
16
34
19
59
16
10
2
14
2
2
25
2
2
30
2
6
38
1
3
33
2
5
13
11
2
5
50
35
40
37
4
113
64
1
15
55
1
14
61
160
8
6
4
148
6
17
5
2
4
41
86
3
67
3
78
52
6
13
60
5
17
29
67
1
2
5
51
16
22
2
1
3
35
26
17
46
3
83
30
6
17
35
4
25
106
17
2
4
4
94
15
28
5
1
4
41
6
30
66
4
82
48
17
4
34
7
26
166
25
2
6
7
91
n.a.
n.a.
4
2
4
32
n.a.
n.a.
n.a.
5
54
22
1
19
38
6
n.a.
106
57
3
7
5
179
1/
8
44
2
3
3
1
18
35
2
22
4
3
4
1
2
*
7
11
53
1
7
1
1
21
37
5
26
5
3
3
7
1
1
35
7
24
2
4
2
16
25
18
4
38
10
2
2
20
10
1
25
8
13
1
3
3
29
25
69
3
20
6
1
5
21
7
6
25
14
20
1
10
4
43
23
288
6
11
9
2
3
10
6
5
20
13
33
1
7
3
47
41
430
5
11
10
2
1
18
7
7
38
17
19
*
8
3
38
22
195
7
n.a.
8
1
1
n.a.
7
8
10
19
14
17
17
16
18
25
Note: Data represent a partial breakdown o f the amounts shown for the corresponding dates for the "Other" categories in the regular monthly
series in the "Treasuiy Bulletin."
1 / Included with Belgium (see Section I, Table CM-I-3).
2 / Data exclude $12 million resulting from changes in reporting coverage
and classification,
n.a. Not available.
* Less than $500,000.
93
M ay 19 71
________________________ CAPITAL M OVEM ENTS___________________ ______
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM -I-6. - Long-Term Liabilities by Type
(In millions of dollars)
Payable in dollars
End of
calendar year
or month
1957.............................................
1958.............................................
1959.............................................
1960.............................................
1961.............................................
1962.............................................
1963.............................................
1964.............................................
1965.............................................
1966.............................................
1967 2 /
1968.............................................
1969.............................................
1970.............................................
1970-Mar......................................
May......................................
June....................................
July....................................
Aug......................................
Sept....................................
Oct......................................
Nov......................................
Dec......................................
1971-Jan......................................
Feb.p..................................
1/
2/
Total
long-term
lia b ilitie s
Foreign countries
Total 1 /
10
2
1
10
2
1
7
O fficial
institutions
7
2
2
7
69
513
1,494
7
28
204
203
988
A , 546
\2,560
3,166
2,490
1,697
1,858
1,863
2,389
1,601
909
2,343
2,274
1,451
1,429
1,355
1,280
1,208
1,097
1,053
992
918
909
851
765
700
310
2,212
2,128
2,034
1,937
1,917
1,837
1,728
1,697
1,570
1,456
1,331
Dollar-foreign currency breakdown not available prior to 1966; amounts
reported for earlier dates assumed to have been payable in dollars.
Data on the two lines shown for this date differ because o f changes
in reporting coverage. Figures on the fir s t line are comparable in
Intemati onal
and regional
Payable in
foreign
currencies
Banks
Other
foreigners
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
913
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
25
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
50
1,807
1,807
15
15
2,341
1,505
695
8
35
40
40
40
53
777
889
788
39
46
50
891
845
857
1
-
48
848
-
54
51
52
51
51
53
59
50
59
827
839
863
845
809
788
718
691
631
_
_
1,351
1,318
1,241
1,116
1,036
928
883
821
749
695
635
562
479
55
160
62
64
64
116
118
118
119
119
118
160
157
153
161
_
_
_
_
_
42
106
311
506
689
698
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
-
_
-
_
1
1
1
1
1
1
1
1
1
coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
p
Preliminary,
n.a.
Not available.
Treasury Bulletin
94
_______________________ CAPITAL M OVEM ENTS_________________________
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-7. - Long-Term Liabilities by Country
(Position at end of period in millions of dollars)
1970
Calendar year
1971
Country
1967
Sweden...............................................
Other Western Europe......................
Canada..................................................
Latin America:
Chile.................................................
Panama.••••••••«••••»••••••••••••
Other Latin American Republics...
Netherlands Antilles and Surinam.
Asia:
China Mainland.................................
Africa:
1969
1970
October
*
1
*
*
*
2
11
*
*
*
*
1
_
2
*
*
*
*
_
14
*
1
110
1
1
2
*
1
1
4
*
37
*
*
*
15
*
1
6
4
*
*
5
1
3
16
*
_
*
_
_
*
*
*
*
*
*
*
1
*
5
*
46
*
*
_
*
1
55
1
1
2
*
1
1
_
4
*
50
*
*
_
*
15
_
*
1
55
1
1
2
*
1
1
*
4
*
49
*
1
_
*
36
*
18
1
54
*
173
3
131
2
251
25
1
1
_
172
1
*
18
2
7
8
-
284
25
1
1
168
1
1
*
44
2
6
8
-
64
25
*
1
_
74
2
*
*
49
4
5
14
13
25
*
1
*
44
3
1
*
53
3
7
*
*
484
Europe:
1968
541
239
1
126
443
39
46
12
218
403
1,289
_
1
*
_
241
658
88
67
43
201
451
1,751
_
_
United Arab Republic (Egypt).......
1
1
1
November
December
January
February p
March p
14
_
*
1
110
1
1
2
*
1
1
_
4
*
37
*
#
_
*
*
14
_
*
1
110
1
1
2
*
1
1
_
4
*
35
*
*
_
*
14
*
1
110
1
1
2
*
1
1
_
4
*
31
*
*
_
_
130
2
173
3
170
166
3
3
25
25
*
1
*
47
3
1
*
58
3
7
*
*
13
25
*
1
*
49
3
1
*
54
3
7
*
*
13
25
*
1
*
44
3
1
*
53
3
7
*
*
13
25
*
1
*
50
3
1
*
53
3
7
*
*
13
*
*
*
33
2
1
*
34
3
7
*
152
172
156
152
157
120
101
2
*
*
41
655
72
70
48
70
278
1,237
*
*
_
6
385
47
_
*
*
_
*
*
_
*
*
42
8
21
522
_
*
*
*
7
466
54
15
42
9
31
624
7
416
54
14
42
8
28
570
6
385
47
12
42
8
21
522
6
340
33
11
41
8
22
461
_
*
*
_
6
310
25
10
41
1
24.
417
*
*
_
6
261
17
10
42
1
25
362
*
*
1
*
_
*
*
*
*
*
_
_
*
*
*
*
*
*
*
_
_
#
_
*
*
*
*
1
1
1
1
1
1
*
*
1
1
68
10
78
67
2
59
#
63
*
61
*
59
*
59
*
69
1,600
59
909
63
992
61
919
59
909
557
287
45
889
489
_
264
35
788
1,697
520
256
33
809
1,728
489
264
35
788
2,489
560
252
33
845
1,837
_
12
K
_
_
_
_
26
9
*
1
110
1
1
*
*
1
1
*
3
*
46
*
10
*
183
3
13
26
•*
*
*
15
2
1
*
33
3
8
*
*
_
_
*
*
*
_
1
*
*
1
1
59
*
49
*
852
765
700
44.7
420
381
237
35
718
1,570
237
34
691
222
28
Other countries:
51
*
51
1,863
International and regional:
International....................................
European regional........................... ..
Latin American regional..................
Asian regional..................................
Total international and regional..
Grand tota l...........................................
*
p
Less than $500,000.
Preliminary.
2,389
404
276
18
698
2,560
432
314
31
777
3,166
1,697
59
49
-
1,456
...631 .....
1*331
95
May 1971
______________________CAPITAL MnVBiMTCTSITQ
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 dollars
Loans
Total
short
term
claims
End of
calendar
year
or month
1957................
1958................
1959................
1960................
1962................
1963................
1Q y 1/
A
iqA s i /
*
1966 1/
.
1Q67 1/
1968................
1969 1 /
2,199
2,542
2,599
3,594
f 4,719
^ 4,777
5,101
5,887
f 7,411
1 7,957
"7,632
. 7,735
*7,819
^7,853
68,583
^8,606
8,711
f 9,578
^9,667
1970 ...............
10,774
1970-^M
ar.........
Apr.........
May.........
June........
July.......
Aug.........
Sept.......
Oct.........
N ov..*...
Dec.........
9,414
9,518
9,806
10,010
Feb. p ...
Mar. p ...
9,727
9,517
9,737
9,832
10,073
10,774
10,359
10,466
10,553
Total
Total
O fficial
in sti
tutions
Banks
386
439
498
524
699
709
953
955
1,374
1,403
1,566
1,567
1,739
1,739
1,603
1,616
Collec
tions
out
standing
for
Other
account of
for
eigners reporting
banks and
domestic
customers
Payable in foreign currencies
Accept
ances
made for
account
of for
eigners
Other
short
term
claims
Total
2,052
2,344
2,407
3,135
4,177
4,234
4,606
5,344
6,810
7,333
7,158
7,243
7,399
7,433
8,158
8,182
8,261
930
1,268
1,309
1,297
1,646
1,660
3,165
247
1,697
1,221
1,733
2,854
443
464
498
467
509
9,063
9,151
10,123
3,281
3,278
262
262
119
1,946
1,943
1,709
1,073
1,073
1,210
1,954
2,015
3,169
3,202
3,966
658
656
705
516
516
651
294
335
315
305
256
178
186
109
95
119
110
88
100
1,922
1,734
1,825
1,932
1,074
1,047
1,053
1,079
1,063
1,087
1,109
1,123
1,143
1,210
1,178
1,270
1,307
3,044
3,223
3,244
3,287
508
459
559
595
3,234
3,171
3,056
3,158
3,330
3,966
3,950
3,972
4,026
531
553
589
593
627
705
415
478
498
467
421
463
479
515
555
651
8,999
9,040
9,308
9,543
9,306
9,054
9,257
9,317
9,518
10,123
9,852
9,931
9,989
1,953
1,915
2,652
2,773
2,968
2,970
3,139
3,141
3,137
3,150
3,038
3,290
3,116
3,193
3,316
3,191
2,975
3,231.
3,129
3,132
3,038
2,850
2,937
2,984
242
401
351
290
329
329
359
186
223
221
271
271
256
256
306
306
1,873
1,711
1,936
1,897
1,894
1,709
1,561
1,578
1,577
303
428
460
482
618
622
642
774
1,055
1,150
1,130
1,132
1,143
1,145
1,228
1,228
1 / Data on the *tw lines shown for this date d iffer because of changes
o
in reporting coverage. Figures on the fir s t line are comparable in
coverage to those shown for the preceding date; figures on the
423
421
516
605
694
700
686
832
1,007
1,135
1,268
1,272
1,367
1,288
1,511
1,552
2,414
2,157
2,241
2,312
2,344
2,350
2,354
2,381
2,438
2,429
2,414
2,396
2,389
2,376
p
t>
99
147
198
192
460
656
582
1,233
1,837
1,874
1,967
2,214
2,600
2,621
2,501
2,508
2,450
2,540
3,013
3,013
384
552
803
422
492
.
657
633
603
543
543
495
543
601
624
474
492
420
420
425
425
450
506
535
564
Deposits
of
reporting
banks and
domestic
customers
with for
eigners
132
181
178
222
342
343
309
343
342
336
Foreign
government
obligations
and
commercial
and
finance
paper
Other
short
term
claims
]L5
16
15
238
200
200
186
157
182
187
42
77
102
325
329
240
241
287
287
336
54
68
70
70
95
96
110
110
74
70
40
63
67
352
352
79
74
393
84
89
92
166
300
342
338
314
296
354
366
366
354
393
308
334
365
50
76
93
83
66
50
40
67
112
92
79
111
102
65
60
66
69
59
59
74
83
89
166
120
90
96
73
second line are comparable to those shown for the following date,
Preliminary.
Treasury Bulletin
96
______________________________________________CAPITAL MOVEMENTS________________________________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-2. - Short-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1970
1971
Country
1967
1968
1970
1969 1/
October
November
December
February p
January
March p
Europe:
16
40
36
63
88
Turkey...............................................
6
83
37
78
66
179
19
58
35
61
26
54
75
98
38
244
13
13
3
18
171
12
105
40
43
10
46
58
93
38
318
22
15
3
21
.. 1.2.238, _
597
.. L
..
2-0.L
533
7
56
40
7
56
40
6
5
8
6
50
40
68
71
37
55
105
184
25
92
57
48
13
54
110
98
4
430
41
12
1
41
50
40
68
68
107
205
22
120
51
34
8
70
67
99
19
418
28
9
2
34
1,463
818
107
20$
22
120
51
34
8
70
67
99
19
408
28
9
2
34
826
113
I 84
26
101
61
54
11
52
97
100
9
379
35
22
3
37
1.448
1,061
311
317
188
225
14
801
68
161
48
240
295
92
14
27
324
322
199
284
13
902
95
147
63
281
340
177
19
22
3,187
2
39
13
56
120
3,890
196
137
95
109
157
66
36
56
78
182
27
106
52
40
16
58
123
115
4
378
42
8
3
43
1,437
860
66
865
113
I 84
26
101
61
54
11
52
97
100
9
379
35
22
3
37
1,448
1,061
306
322
189
272
13
934
84
141
55
284
321
101
14
22
3,058
.h m
4
69
46
103
95
142
21
92
74
61
12
49
102
121
3
410
35
10
2
36
1,487
5
4
68
68
53
58
110
111
123
171
22
98
6S
65
14
56
100
114
4
512
31
11
2
41
1.656.
867
861
324
322
199
284
13
902
95
147
63
281
340
177
19
22
3,187
326
309
186
288
13
912
82
143
56
276
334
174
19
22
3,141
337
320
I 84
296
13
951
93
135
51
275
336
157
14
1
36
12
54
110
3,538
197
129
82
97
164
4,420
2
39
13
56
120
3,890
196
137
95
109
157
4,815
1
40
16
49
99
3,675
196
135
101
106
167
4,585
97
190
21
102
70
62
15
59
104
174
5
454
33
9
3
47
1.699
912
Latin America:
221
173
177
217
16
960
47
249
42
226
289
63
10
18
303
323
199
267
14
906
94
136
54
284
298
129
14
20
2,803
1
32
19
23
84
3,114
77
239
38
99
145
3,872
1
36
10
30
108
3,342
158
215
49
101
212
4,2ol
1
36
10
30
108
3,432
158
215
49
101
212
4,352
4,815
3,370
218
134
82
100
160
4,262
1
2
37
11
52
102
3
2
46
8
73
133
6
3
55
11
86
162
6
3
55
11
86
162
4
6
77
13
79
180
4
6
72
12
63
157
5
4
76
10
72
166
4
6
77
13
79
180
7
6
83
16
78
190
66
13
79
8,710
*
53
16
53
16
64
16
80
70
17
87
10,357
8,711
69
9,664
2
9,667
59
15
75
9,831
1
9,832
59
16
69
9,576
2
9,578
64
16
80
10,771
3
8,606
Other Latin American Republics.. •
Bahamas and Bermuda........................
Netherlands Antilles and Surinam.
309
317
188
225
14
803
68
161
48
240
295
93
14
27
2,802
54
13
67
8,606
*
Panama......... ....................................
249
338
193
206
14
948
56
207
44
232
280
8f
C
19
22
2,889
3,894
Chile.................................................
2,707
3,041
3,181
346
360
179
300
13
908
87
131
49
243
326
190
15
22
3,170
1
41
13
49
130
3,480
194
137
113
109
182
2
49
15
66
101
3,479
221
124
119
109
183
4,448
4,466
4
6
6
6
86
21
Asia:
1
30
10
5
57
3,154
59
303
37
100
138
2
36
12
a
105
,
Africa:
Morocco.............................................
United Arab Republic (Egypt).......
84
14
85
194
101
213
105
19
73
18
14
Other countries:
1/
Data in the two columns shown fop this date differ because of changes
in reporting coverage. Figures in the fir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
10,774
*
p
75
10,071
2
10,073
1O 771
’,
? ..
10,774
..2 „ ,
10,359
l&L,
10,464
2
' 10,466
______ ?1
10.551
2
10|55?
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
,
97
May 1971
r .A P T T A T .
M n V P . M F . M T S
Section II - Claims on Foreigners Reported by Banks in the United States
Table C M -II-3. - Short-Term Claims, by Type and Country, as of March 31, 1971
Preliminary
(Position in millions of dollars)
Short-term claims payable in dollars
Loans
Country
Europe:
Austria.........................................
Belgium -Luxembourg......................
Denmark.........................................
Finland.........................................
France...........................................
Germany.........................................
Greece...........................................
Total
short term
claims
Collections
outstanding
Foreign
for account
banks and
of report
Total o ffic ia l
Other ing banks
in s tiand domestic
tutions
customers
Total
Sweden...........................................
Switzerland..................................
Turkey...........................................
United Kingdom.............................
Yugoslavia....................................
Other Western Europe..................
Other Eastern Europe..................
4
60
57
122
90
140
21
87
63
60
14
58
101
142
5
408
33
8
3
47
1,699
Netherlands..................................
Norway...........................................
Portugal.......................................
5
68
58
123
97
190
21
102
70
62
15
59
104
174
5
454
33
9
3
47
1
31
9
2
32
65
4
45
24
11
6
15
27
95
1
132
20
1
15
1
21
6
1
24
47
2
34
13
10
2
6
22
59
1
83
20
1
15
*
10
3
*
7
18
1
11
12
1
3
9
5
35
*
49
*
*
*
2
16
7
3
34
31
17
32
24
4
6
24
9
15
3
54
2
6
3
3
369
167
293
Accept ances
made for
account
Other
of
foreign
ers
*
9
40
115
18
37
*
4
9
44
3
19
62
26
120
10
*
27
Short-term claims payable
in foreign currencies
Deposits of
reporting
banks and
Total domestic
customers
with
foreigners
Foreign
government
obligations
and commer
cia l and
finance
paper
Other
*
4
*
3
7
7
*
5
5
1
*
1
2
7
103
*
*
*
2
1
8
2
1
8
49
*
15
8
2
*
1
4
31
*
47
*
1
•
*
-
1
7
2
1
5
46
*
10
8
2
*
1
4
31
*
42
*
1
*
-
*
1
*
2
3
5
*
*
*
*
*
1
*
4
*
*
-
543
148
178
161
*
17
101
215"
257
129
96
32
*
*
*
-
Latin America:
Argentina......................................
Brazil...........................................
Chile.............................................
Colombia.......................................
Cuba..............................................
Mexico...........................................
Panama...........................................
Peru..............................................
Uruguay.........................................
Venezuela......................................
Other Latin American Republics.
Baham and Bermuda....................
as
Netherlands Antilles and
Surinam.......................................
Other Latin America....................
Asia:
China Mainland.............................
India.............................................
Israel...........................................
Taiwan...........................................
Thailand.......................................
1,520
536
912
655
312
103
209
27
346
360
179
13
908
87
131
49
243
326
190
344
353
179
300
13
875
87
131
49
227
326
189
163
227
68
105
524
43
67
17
122
91
86
57
136
15
55
258
21
38
13
23
42
60
106
91
53
50
265
22
29
4
99
49
25
68
87
35
24
13
64
11
36
7
62
100
9
104
38
74
167
271
28
28
25
40
131
21
9
2
2
4
16
5
*
*
3
3
74
2
7
*
*
33
*
*
*
16
1
1
*
*
*
*
8
*
*
*
1
*
1
*
6
-
2
7
*
*
18
*
*
*
15
*
*
15
22
14
22
8
5
5
2
2
3
6
16
*
1
*
1
*
*
*
*
_
-
*
*
3,170
Canada..............................................
3,111
1,524
726
798
539
928
120
59
10
6
43
2
49
15
66
101
3,479
221
124
119
109
183
2
49
15
66
100
3,433
221
121
119
108
175
1
22
3
25
18
303
17
40
18
19
58
1
15
3
22
9
293
14
25
14
15
36
7
*
3
10
10
3
15
4
3
22
*
10
12
2
9
1,176
74
27
11
11
73
_
15
*
39
67
1,896
115
36
89
76
38
_
1
*
*
6
58
15
18
*
3
6
*
*
*
1
46
3
■
*
1
8
*
*
*
45
2
1
8
_
*
*
_
*
*
*
*
1
■
*
*
300
1
Total Asia....................................
4,466
4,408
525
447
78
1,406
2,370
106
59
58
*
1
Africa:
Congo (Kinshasa) .........................
Morocco.........................................
South Africa................................
United Arab Republic (Egypt) . . .
Other Africa................................
6
6
86
14
101
6
6
84
14
100
*
1
21
1
43
*
1
12
1
8
*
*
9
*
34
1
4
26
2
36
1
*
36
9
21
3
1
2
2
1
*
*
2
*
1
*
*
1
*
1
-
*
*
1
*
Total Africa................................
213
210
65
22
43
70
67
8
2
1
-
1
All other......................................
73
18
66
17
18
2
8
*
9
2
28
13
15
2
5
*
7
*
6
*
-
1
*
Total other countries................
91
83
20
9
12
41
17
5
8
6
-•
1
564
365
102
96
_
_
_
_
564
-265,
102
Other countries:
Total foreign countries................
International and regional...........
Grand total.....................................
*
less than $500,000.
10,551
__ 2.
10.553
9,987
2,982
1,676
2.
____ g
_9^g9-
2.984
1.677
1.307
'
2,376
4,026
_
1,306
....... _JL
_
2.376
4.026
603
603 .
96
1
Treasury Bulletin
98
______________________ CAPITAL M O VEM EN TS________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-4. - Long-Term Claims by Type
(In millions of dollars)
Payable in dollars
End of
calendar year
or month
Total
long-term
claims
Loans
Total
Total
1957.................................... .
1958......................................
1959......................................
1960......................................
1961......................................
1962......................................
1963-May 1 /.........................
1963 1 /................................
1,174
1,362
1,545
1,698
2,034
2,160
/2,293
12,379
I 2,837
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,293
2,379
2,834
13,030
J3,971
14,285
4,517
4,180
3,925
3,567
3,250
3.067
3,909
3,552
3,232
3,042
1970-Mar...............................
3,226
3,248
3,232
3,165
3,195
M
ay...............................
1964 1 /................................
1965......................................
1966......................................
1967......................................
1968......................................
1969......................................
1970......................................
3,028
3,971
4,283
4,508
4,162
O fficial
institutions
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
660
2,346
2,781
2,811
3,777
3,995
730
725
728
703
4,211
2,691
793
702
669
528
502
504
2,796
2,815
508
3,915
3,635
3,158
2,806
2,822
3,138
2,776
3,115
3,U8
3,142
3,086
3,186
3,199
3,067
1971-Jan...............................
3,216
3,202
3,216
July.............................
Aug...............................
3,172
3,042
2,733
2,707
2,737
2,827
2,809
2,691
2,953
2,943
3,032
2,928
2,922
3,002
2,601
2,625
2,725
3,090
3,115
716
1/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the fir s t line are comparable in
coverage to those shown for the preceding date; figures on the second
519
511
486
Banks
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
273
273
397
397
701
729
628
512
323
237
209
Other
foreigners
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1,328
1,342
1,659
1,685
2,372
2,550
2,790
2,702
2,642
2,393
2,096
Other
long-tern
claims
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
33
33
54
217
195
n.a.
n.a.
n.a.
nra.
n.a.
n.a.
*
*
2
2
*
288
1
297
247
274
394
9
18
15
426
16
18
25
230
1,957
211
220
211
209
2,067
2,087
398
401
2,100
2,080
380
362
2,044
2,023
2,046
2,053
2,064
1,957
35^
383
377
359
364
352
25
1,909
1,933
2,006
327
297
277
24
26
30
473
458
447
518
215
225
244
498
247
504
485
484
498
230
256
208
208
221
352
line are comparable to those shown for the following date,
n.a. Not available.
p Preliminary.
* Less than $500,000.
31
32
30
27
29
29
28
30
26
99
May 1971
______________________CAPITAL M OVEM ENTS_________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-5. - Long-Term Claims by Country
(Position at end of period in millions of dollars)
1970
Calendar year
Country
1968
1967
Eurot>e:
12
73
11
68
46
61
80
58
1
126
47
42
32
11
2
56
12
19
2
35
1
47
37
32
73
14
1
72
31
64
18
5
1
68
12
12
-
-
19
776
19
547
428
427
October
1970
1969
1
18
2
27
37
36
56
3
2
49
27
91
23
2
1
67
13
11
13
479
408
1
13
2
19
88
35
39
4
8
24
14
83
35
3
*
71
25
6
12
482
141
187
73
53
135
244
82
59
312
Latin America:
133
113
48
61
534
70
127
30
71
157
15
14
2
Netherlands Antilles and Surinam.
1,375
-
Other Latin American Republics...
151
103
60
66
1
602
70
183
65
90
128
21
14
3
1,556
-
-
419
44
97
37
108
139
15
12
3
1,329
Asia:
-
1971
-
367
44 •
68
19
155
122
7
8
8
1,318
November
December
1
15
2
23
75
34
44
4
8
32
22
75
26
3
*
67
26
7
11
1
13
2
31
75
21
41
5
8
28
14
72
28
3
#
66
25
7
1
13
2
19
88
35
39
4
8
24
14
83
35
3
*
71
25
6
474
409
453
398
123
243
90
58
*
389
45
77
19
147
123
7
4
5
1,329
120
240
99
64
*
391
47
75
19
148
124
8
4
7
January
1
12
2
18
95
40
38
14
8
20
12
72
33
3
February p
1
12
2
18
95
40
36
15
8
18
13
77
37
3
*
77
26
6
#
70
24
6
-
-
11
12
482
312
482
278 .
266
135
244
82
59
133
242
81
52
132
241
81
51
367
44
68
19
155
122
7
8
8
1,318
351
44
63
17
147
120
8
8
7
1,272
357
42
52
15
134
120
6
8
8
1,345
-
13
-
13
497
-
1,248
March p
1
12
2
17
95
40
38
17
8
19
14
78
37
4
*
111
25
6
10
533
268
129
251
77
58
353
42
51
14
146
121
7
4
7
1,259
»
9
61
10
13
125
54
239
21
26
116
*
2
44
6
15
115
98
234
19
32
99
663
2
43
9
16
109
110
254
23
31
94
691
2
41
7
16
113
113
253
23
33
96
696
*
2
44
6
15
115
98
234
19
32
99
663
*
2
43
6
13
117
78
237
18
34'
94
641
*.
10
43
6
12
121
55
241
17
27
109
641
673
6
3
20
6
3
23
6
3
22
6
3
20
5
3
20
5
5
20
3
6
20
-
-
3
36
*
23
180
53
203
6
18
107
629
1
1
35
8
188
233
-
1
33
4
166
204
6
1
30
1
123
162
*
*
*
*
*
*
*
98
127
100
132
96
128
98
127
94
123
101
131
100
129
236
37
273
3,56$
2
186
29
215
3,248
2
142
22
164
3,066
1
153
25
179
3,215
1
153
25
178
142
22
141
22
147
21
168
3,198
1
164
3,066
1
135
21
155
2,951
1
3,925
United Arab Republic (Egypt).......
1
43
2
14
88
151
202
16
27
112
656
269
33
301
3,922
3
Africa:
1
53
2
21
122
148
249
8
21
113
738
3,567
3,250
3,067
3,216
3,199
3,067
2,953
Other countries:
-------------------------------I
* Less than #500,000.
p Preliminary.
.
163
2,947
1
3,031
1
2,948
3,032
100
Treasury Bulletin
fiAPTTAT, M f i V B M B U T f i
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 March 31, 1971
Preliminary
(Position in millions o f dollars)
Long-term claims payable in dollars
Country
Total
long-term
claims
Loans
Other
1
12
2
1
12
2
1
12
2
17
95
4-0
38
17
17
95
40
38
17
8
19
H
78
37
4
*
19
14
78
37
3
#
17
94
39
38
17
5
19
14
74
37
*
*
*
*
*
*
8
111
111
25
Europe:
Total
25
1
1
3
*
*
4
-
_
_
_
10
10
10
*
#
3
*
*
_
*
533
532
268
262
519
231
13
32
129
251
77
58
129
245
77
58
_
342
42
51
14
146
99
229
71
51
_
Chile...................................................................
353
42
51
H
Other Latin American Republics**•••••••••••
Netherlands Antilles and Surinam*••••••••••
Asia:
China Mainland*••••••••••••*•••••••»•••••••
146
121
7
4
7
1,259
*
9
6
121
7
4
7
1,242
*
9
61
Thailand*•••••••••••••••••*••••••••••••••••
Africa:
Congo (Kinshasa)••••••••••••••«••••••••••••
Morocco* ............................................ .
61
10
10
13
125
54
239
13
125
54
239
21
26
116
21
26
116
673
India*•••••••••••••••••••••*•••••••••••••••
Indonesia*•••••••.••••••••*••••••••••••••••
_
_
-
_
_
_
_
_
_
_
_
-
29
6
Latin America:
Long-term
claims
payable in
foreign
currencies
673
3
6
20
#
108
25
6
300
37
47
14
133
105
6
16
6
7
42
5
4
1
12
16
1
1
_
_
_
_
_
-
1
6
6
_
_
_
11
1
_
_
_
_
_
#
7
1,099
143
18
*
4
60
9
5
1
1
_
_
_
_
*
_
_
_
_
_
*
10
108
30
227
19
23
109
599
3
6
20
2
6
16
4
*
3
17
24
11
2
3
7
74
3
*
4
*
-
_
129
*
95
124
*
94
115
9
_
_
4
4
147
146
139
7
1
21
21
21
#
7
277
»
100
Other countries:
1
168
167
160
3,031
3,001
2,724
1
Total foreign countries*••••*••••••••••••••••
............. " i
3,002
1
-
2,725
277
3,032
*
Less than $500,(XX).
1
~
O
f)
11
0
M ay 19 71
_______________________________________________CAPITAL MOVEMENTS______________________________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-1. - Liabilities by Type
(In millions of dollars)
Short-term lia b ilitie s
End of
calendar year
or quarter-end
month 1/
Total
lia b ilitie s
Total
Payable in
dollars
Payable in
foreign
currencies
Long-term
lia b ilitie s
1957..................................
566
491
428
62
75
1958..................................
499
440
368
71
60
1959..................................
664
581
512
69
83
424
437
61 J
70 ]
89
11)
91
1960 2/ .............................
(
f
574
596
485
507
1961-Mar. 2 /....................
f
{
674
691
583
600
510
f
756
778
673
684
563
572
111
113
83
94
\
524
833
Dec. 2 /....................
f
(
1963..................................
f
1965 2/ .............................
f
I
569
109
155
626
665
527
551
99 ^
114 J
151
798
805
637
644
508
513
129 "I
130 J
161
626
479
148
148
763
725
622
585
471
441
151 "I
144 J
140
807
{
678
778
817
775
f
700
556
144
9 1
43
958
810
600
210
J
107
f
^
136
147
1966..................................
1,419
1,089
827
262
329
1967 2 /.............................
f 1,784
1,371
343
347
414
428
1968..................................
^ 1,815
1,386
1,027
1,039
2,737
1,608
1,225
382
1,129
1,399
l , 628r
387
435r
1,725
2,246r
1969 2/ .............................
f 3,511
\ 4,309r
1,786
2, 063r
1970-Mar...........................
4,474r
2 , l 66r
l,687r
479r
2,307r
4,878r
2,317r
l,801r
5l 6r
2 , 56lr
Sept.........................
5,199
2,453
1,928
525
2,746
Dec. p......................
5,625
2,535
2,114
421
3,091
Note: Breaks in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shown; in such
cases, only the figure comparable to that for the following date is
shown.
1 / Data axe shown for calendar year ends and for the most recent five
quarter ends for which figures are available. Data are also shown for
earlier quarter ends when the reporting coverage changed.
2/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the fir s t line are comparable in cover
age 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.
Treasury Bulletin
102
_______ _______________________________________CAPITAL MOVEM ENTS________________________________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-2. - Short-Term Liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
1970
Country
1967
3
78
4
4
114
120
11
63
42
4
4
37
25
116
5
393
1
9
1
1
1,034
194
2
45
2
2
124
178
3
77
66
3
9
56
35
114
3
363
1
20
1
1
1,102
198
4
9
8
9
*
10
4
6
1
33
24
11
5
1
124
6
16
5
7
*
6
3
7
1
33
20
18
5
2
130
6
16
9
6
*
13
3
9
1
25
37
22
2
1
150
9
18
lOr
7
*
17
4
12
5
16r
43
31
2
4
179r
11
13
8r
6
*
24
8
10
5
13r
27
46
4
5
178r
1
5
12
4
3
63
1
8
5
5
45
151
1
5
12
4
17
89
1
9
5
2
30
176
1
5
18
4
12
136
2
8
3
3
32
224
1
7r
20
5
14
143r
2
9
3
3
26
233r
*
*
8
3
11
1
*
11
5
7
24
2
*
13
7
27
49
2
1
14
7
28
52
69
1,386
*
45
5
49
1,608
*
60
2
62
1,786
*
61
7
68
2,063r
*
65
6
71
2,166r
*
1,386
Italy.................................................
2
27
7
3
64
92
11
61
79
4
6
31
24
86
3
310
*
4
*
1
814
205
Europe:
1968
1,608
1,786
2,063r
2,l66r
Latin America:
Chile.................................................
Panama................................. ...........
Other Latin American Republics...
Netherlands Antilles and Surinam.
March
1969 1 /
4
65
3
2
137
218
4
85
90
4
10
59
38
129
3
431
1
21
1
1
.
1,304 ,,
226
June
3
72
3
1
127
193
3
83
110
5
6
55
29
157
2
556r
2
19
1
1
4
71
3
1
156
164
3
85
116
5
5
47
31
157
2
635
1
21
2
1
September
December p
6
66
3
1
141
166
3
70
121
6
10
48
35
183
3
641
1
21
2
3
1,532
213
8
46
2
2
127
139
4
77
126
5
14
24
34
159
4
770
2
11
2
1
1.556
15
14
9r
5
*
21
5
6
5
19r
28
57
38
6
229r
10
17
11
6
*
28
5
6
5
14
35
89
24
5
255
11
19
11
6
*
21
5
4
4
18
37
144
23
6
311
1
7
27
5
15
132r
1
6
4
3
25
227r
1
7r
37
7
17
114
2
7
4
3
27
227r
1
8
41
7
21
135
1
7
8
4
46
282
1
9
38
9
25
144
1
7
9
4
47
294
3
3
19
1
29
56
14
2
19
2
35
72
15
3
24
2
48
90
2
3
34
1
38
78
70
6
76
2,317r
*
75
5
80
2,452
*
75
7
82
2.535
*
2,317r
2,453
2,535
l-t.428
204
, 1,50?
204
213
Asia:
India.................................................
Israel...............................................
Japan.................................................
Africa:
United Arab Republic (Egypt).......
23
Other countries:
International and regional...............
1/
61
8
Data in the two columns shofcn for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
*
p
r
Less than $500,000.
Preliminaiy.
Revised,
M ay 19 71
103
_________________________________ CAPITAL M O VEM EN TS______________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-3. - Short-Term Liabilities, by Type and Country, as of December 31, 1970
Preliminary
(Position in millions of dollars)
Country
EuroDe:
Total
short-term
lia b ilitie s
8
1
*6
2
2
127
139
Payable in
dollars
8
3k
Payable in
foreign
currencies
1
12
*
*
32
Ik
2k
3k
2
2
9^
90
3
56
111
If
12
21
33
159
81
770
2
11
2
1
698
2
10
2
1
*
*
*
*
1,556
1,268
288
213
161
52
10
1
2
1
1
77
126
5
Turkey...............................................
Latin America:
Chile................................................
k
11
19
11
6
*
21
5
k
k
Venezuela.........................................
Other Latin American Republics...
3
16
10
5
*
20
k
3
k
kd
*
21
15
*
2
3
1
78
1
72
*
1
1
1
*
k
8
1
3H
282
28
l
9
38
9
25
1
7
35
8
k
kl
5
9
3
37
2
2
1
1
10
*
2
*
1
10
29k
263
31
2
3
3k
1
1
38
3
33
1
38
1
*
1
*
1
78
75
3
75
7
82
Netherlands Antilles and Surinam.
37
ll*
23
6
13
33
136
23
5
57
6
18
63
19
^21
18
Asia:
2k
ikk
Africa:
United Arab Republic (Egypt).......
13k
1
7
9
1
Other countries:
Total foreign countries....................
Grand tota l........................................
*
Less than $500,000.
2,535
*
2,11k
2,535
2,11k
*
5
1
1
1*21
Treasury Bulletin
104
________________________________ CAPITAL M OVEM ENTS_____ ____________________________
Section III - Liabilities to Foreigners Reported by Nonbanking Concerns in the United States
Table CM-III-4. - Long-Term Liabilities by Country
(Position at end of period in millions of dollars)
Calendar year
1970
Country
1967
Europe:
-
1
_
Germany.............................................
1
36
*
66
50
-
*
1
27
164
1968
*
84
*
*
125
*
-
38
189
*
56
58
*
-
March
-
1
138
*
June
1
169
1969 1/
1
161
*
*
-
-
_
September
December p
1
174
*
_
91
647
*
144
116
*
7
1
12
356
958
*
5
-
1
171
14
_
108
605
*
141
158
#
5
1
5
386
*
1,156
*
5
56
663r
*
133
76
*
7
*
7
294
667
*
5
-
95
642r
*
129
83
*
7
*
20
272
*
689
*
5
-
92
728r
*
139
118
*
7
*
26
316
6
759
*
5
-
2,H0r
50
2,357r
54
2,511
2,756
34
2,046r
47
55
57
2
1
1
*
2
1
1
*
2
1
1
*
4
1
1
*
3
2
1
*
_
48
465
*
128
69
*
7
*
6
253
476
*
5
1,582
Asia:
India................................................
Israel...............................................
Philippines......................................
Taiwan...............................................
Africa:
2
1
1
*
_
_
_
_
_
#
#
1
5
*
*
10
1
1
#
4
*
5
*
1
23
1
*
5
13
*
5
*
1
48
*
*
5
13
*
5
lr
2r
92r
*
*
*
13
*
5
1
2
87r
1
*
*
3
1
5
1
2
90r
1
*
*
14
1
5
2
2
94
1
*
*
14
1
5
2
2
174
1
*
37
77
121r
113r
106r
125
204
*
*
*
*
_
_
#
1
*
*
1
*
*
*
*
_
_
_
_
_
*
#
#
*
5
11
#
*
_
*
6
5
12
*
*
_
#
6
23
24
*
*
*
5
15
*
*
*
*
7
28
*
*
*
#
#
_
*
#
_
2
2
*
*
*
5
12
*
*
#
*
7
25
5
17
*
*
*
*
7
30
5
30
*
1
*
*
9
46
_
*
1
_
*
_
*
*
*
5
-
7
*
5
1,129
8
1,725
-
-
-
428
Other Latin American Republics. ••
Bahamas
Bermuda.•••••••••••••
Netherlands Antilles and Surinam.
2
*
*
*
_
Chile.................................................
2
3
*
*
23
Latin America:
1,041
42
_
U.S.S.R.. . . . . . . . . . . . . . . . . . . . . . . . .
346
49
Turkey...............................................
*
5
134
469
*
7
-
1,129
1,725
_
_
*
1
1
-
*
4
5
_
-
_
*
#
_
_
_
_
*
*
*
*
1
1
*
_
*
1
1
*
1
1
*
6
6
*
6
6
7
*
9
*
15
*
19
*
22
Other countries:
7*
7
428
International and regional...............
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the fir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
8
2,246r
9
2,307r
2 , 246r
2,307r
* Less than $500,000.
p Preliminary,
r Revised,
15
2,5&Lr
2,56lr
19
2,746
22
_ 2.02.1 ...
-
-
2,746
3,091
105
May 1971
.CAPITAL MOVEMENTS.
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-1. - Claims by Type
_________________ (in millions of dollars)
Short-term claims
End of
calendar year or
quarter-end month
Payable in foreign currencies
Total claims
Total
1/
Payable in
dollars
947
195 7
777
637
Deposits with banks
abroad in reporter's
own nam
e
78
Other short-term
claims payable in
foreign currencies
Long-term
claims
63
170
63
223
195 8
.
943
720
568
195 9
.
1,009
705
605
68
32
304
1960 2/.......... .
1,775
1,859
1,432
1,505
824
875
58
71
549
560
344
354
1961-March 2/..... .
1,633
1,701
1,248
1,305
939
968
76
89
233
248
385
396
June 2/.....
1,895
1,934
1,496
1,528
1,181
1,208
122
126
193
194
399
406
Sept. 2/.....
2,099
2,117
1,646
1,664
1,323
1,340
131
132
192 1
192
453
Dec.........
2,138
1,636
1,335
150
151
502
1962-June.2/......
f 2,443
( 2,678
1,807
1,974
1,475
1.598
178
208
153
168
636
704
December 2 / . . . .
f 2,809
I 2,867
2,051
2,098
1,625
1,668
214
217
212
212
758
769
1963-March 2/.....
f 2,929
( 2,979
2,113
2,162
1,712
1,758
201
204
200 ^
200
816
f 3,048\
2,282
1,877
222
183
766
882
( 2,854
{ 2,922
2,131
2,188
1,739
1,778
201
199
191
211
723
734
1964-June 2/......
f 3,297
[ 3,245
2,482
2,430
2,000
1,952
220
219
262 ^
260
815
December 2j. . . .
f 3,738
\ 3,934
2,776
2,853
2,306
2,338
189
205
281
310
962
1,081
3,565
\ 3,438
2,397
2,299
2,000
1,911
167
166
229
222
1,169
1,139
3,884
2,628
2,225
167
236
1,256
f 4,483
[ 4,581
2,946
3,011
2,529
2.599
201
203
216
209
1,537
1,570
196 8
5,572
3,783
3,173
368
241
1,790
196° 2/ ..........
5,925
6,449r
3,710
4,117r
3,124
3,494*
221
244r
365
379
2,215
2,332
1970-March........
6,941r
4 ,227r
3,695r
219r
313
2,714
June.........
7,077r
4,350r
3,765r
234r
351r
2,727
Sept.........
7,109
4,253
3,653
297
303
2,856
Dec. p.......
6,989
4,079
3,507
231
342
2,910
June 2/......
December 2/....
1965 2/ ..........
196 6
1967 2/..........
[
3,164J
f
Note:
Breaks in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shown; in such
cases, only the figure comparable to that for the following date is
shown.
1 / Data are shown for calendar year ends and for the most recent five
quarter ends for which figures are available. Data are also shown
for earlier quarter ends when the reporting coverage changed.
2 / Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the fir s t line are comparable in cover
age 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.
Treasury Bulletin
106
_____________________________ CAPITAL M OVEM ENTS__________________________________
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-2. - Short-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1970
Country
1967
Europe:*
1968
March
1969 1 /
June
8
58
17
8
176
174
27
173
72
13
18
72
27
37
11
1,081
15
12
2
18
2,020
10
47
17
11
150
209
28
163
62
16
15
81
40
44
8
689
17
8
1
23
1,639
786r
61
107
42
37
1
149
18
29
5
72
97
139
10
23
790
61
120
49
37
1
154
18
36
6
71
99
121
9
29
811
#
14r
36
11
34
297r
27
32
23
15
113
602r
*
17
41
17
23
311r
50
33
29
15
125
662r
*
19
42
14
21
314
29
32
27
13
145
657
*
17
34
21
23
322
42
30
33
11
145
678
4
4
28
9
43
87
5
3
35
10
46
99
4
3
29
11
45
92
3
3
30
9
47
92
81
15
95
1,449
547
Other Eastern Europe.
Latin America:
Cuba...................................................
Other Latin American Republics. •.
Netherlands Antilles and Surinam.
Asia:
Indonesia..........................................
Africa:
United Arab Republic (Egypt)........
7
60
17r
8
155
172
19
169
72
12r
14
78
27
47
12
1,198
19
11
3
14
2,111
635r
683r
28
84
34
22
2
112
13
29
5
57
64
23
7
10
490
46
91
36
29
2
103
15
26
6
67
82
66
6
9
584
49
82
40
28
1
115
18
27
7
56
84
54
6
16
582
54
86
41
33
1
146r
19
30
7
58
90
66r
6
17
656r
55
97
42
36
1
144r
19
34
8
69
92
84r
7
25
713r
62
100
37
37
1
13 5r
19
37
6
65
102
159r
8
19
*
9
42
4
6
185
9
33
9
13
87
397
*
8
34
7
7
207
21
25
19
16
134
478
#
11
34
12
31
234
26
31
19
14
112
*
11
37
12
36
255
28
40r
19
15
119 ,
574r .
1
3
14
7
31
56
2
3
31
7
34
76
4
4
2b
9
39
80
4
4
30
9
42
88
62
10
72
Italy*•••••••••••••••••••••••••••
27
124
54
10
7
71
26
39
6
1,221
7
16
*
7
2,039
540
5
59
16
7
122
219
19
155
64
17
10
77
32
45
12
999
18
12
3
19
1,909
819r
54
11
61
10
5
47
12
9
145
204
Other countries:
524
. J.OIO
*
65
3,782
1
56
9
64
3,709
*
3,011
3,783
3,710
1 / Data in the two columns shown for this date d iffer because of changes
in reporting coverage. Figures in the fir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
December p
9
54
16
13
154
192
28
160
62
13
14
73
25
45
13
1,010
17
9
3
21
1,932
696
5
53
15
6
114
192
18
143
45
15
10
71
27
33
11
929
18
10
3
16
1,732
728
5
42
11
6
111
134
20
103
51
8
7
90
24
29
9
774
4
14
1
7
September
762
*
p
r
71
4 ,ii6r
*
85
14
100
4,348r
2
71
15
86
4,252
1
4,078
1
4,117r
"
65
13
78
4,226r
1
4,227r
4,350r
4,253
4,079
Less than $500,000.
Preliminary,
Revised,
M ay 19 71
107
CAPITAL MOVEMENTS
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-3. - Short-Term Claims, by Type and Country, as of December 31, 1970
Preliminary
(Position in millions of dollars)
Country
Total
short-term
claims
Payable in foreign currencies
Payable in
dollars
Deposits with banks abroad
in reporter’ s own nam
e
Other short-term claims
payable in foreign currencies
4
3
*
*
7
30
*
5
*
*
EuroDe:
10
Belgium-Luxembourg........... .............
6
47
17
4o
163
16
11
132
165
27
151
62
16
16
11
150
209
28
15
81
40
44
8
56
l4
74
40
34
7
689
17
638
23
23
1,639
1,477
554
8
1
762
17
8
1
11
13
1
2
1
1
9
4
*
*
3
*
7
*
27
*
*
*
3
*
3
1
24
*
*
*
*
1
*
*
82
160
80
47
Latin America:
Chile................................................
61
120
49
58
l
112
2
2
1
1
154
44
33
*
i4o
18
16
36
31
5
37
1
Panama. ................................
6
71
99
2
6
4
3
13
*
*
2
5
1
*
1
2
6
2
11
*
*
*
4
Asia:
65
82
118
9
9
28
*
*
742
18
51
*
17
34
*
15
27
*
7
2
1
21
Netherlands Antilles and Surinam.
121
29
811
Other Latin American Republics...
20
21
1
1
254
4l
57
*
23
322
42
30
33
26
*
2
10
1
3
*
1
145
10
136
*
*
4
678
582
72
24
3
3
30
9
47
3
3
25
5
42
*
*
*
3
*
*
5
2
1
2
92
77
6
9
81
60
8
13
15
95
8
4,078
13
-.................... 73
3,505
1
1
231
-
15
342
*
4,079
3,507
231
342
11
Total Asia.......................................
Africa:
Congo (Kinshasa).............................
United Arab Republic (Egypt).......
32
1
1
5
Other countries:
All other.........................................
Grand total.........................................
*
Less than $500,000.
*
2
Treasury Bulletin
108
..CAPITAL M O VEM EN TS.
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-4. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Type
(In millions o f dollars)
End of
calendar year
or month
Total
short-term
liquid
claims
f
1966...............................
Dem
and
Deposits
Total
Time
Short-term
investments 1/
Total
Dem
and
Short-term
investments 1/
Time
1,102
28
870
205
33^
12
*
118
17k
917
691
19
19
58
557
5^9
699
111*
57
18
*
227
219
^5
k5
90
86
92
88
168
1
*0
69
59
702
985
66
66
133
133
177
178
50
51
77
77
1
*9
^9
28
87
332
U
9
222
60
116
li rk
183
625
805
973
901
f 1,078
[ 1,163
1968...............................
1970...............................
Payable in foreign currencies
Deposits
1,^36
1961*...............................
1969 2 /..........................
Payable in dollars
786
1,192
1,638
1,306
f 1,318
1,068
|^i,454
l,068r
1,185
774
1,02k
161
250
269
642
133
293r
172r
?6
86
121
1,349
1,233
1,230
1,214
1,215
1,191
1,031
1,072
1,119
1,146
774
965
1,017
1,157
1,047
1,053
1,013
1,041
1,009
868
889
942
976
642
193
186
178
200
174
181
164
183
177
171
133
124
152
224
210
208
247
261
232
245
303
336
341
293r
293r
333
144
146
142
138
148
80
63
66
109
112
1970-Feb........................
Mar........................
June......................
July......................
Aug........................
Sept......................
Oct........................
Nov........................
Dec........................
1971-Jan........................
Feb.......................
1,573
1,442
1,438
1,461
1,476
1,423
1,276
1,375
1,455
1,488
1,068r
l,258r
1,350
951
159
74
151
94
177
126
177
159
166
175
172r
121
I80r
114
191
141
from the date on which the obligation was incurred by the foreigner.
2 / Data on the two lines shewn for this date differ because of changes
in reporting coverage. Figures on the fir s t line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shewn for the following date,
r Revised.
842
866
Note:
Data represent the liquid assets abroad of large nonbanking con
cerns in the United States. They are a portion of the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shewn in Tables CM-IV-1 through CM-IV-3.
1 / Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more than one year
Table CM-IV-5. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
(Position at end of period in millions o f dollars)
Calendar year
Country
Belgium-Luxembourg 2 /...........
France......................................
Germany...................................
Italy................ ......................
Netherlands.............................
Switzerland.............................
United Kingdom........................
1967
1968
1970
September
1970
1969 1/
27
621
13
979
2*
1
9
52
15
1
*
1
*
610
663
6
12
31
15
6
7r
363
5
19
15
27
13
6
1
*
18
*
88
25
18
9
58
15
i*
6
12
25
32
15
3
8
668
October
12
25
30
15
7
ll*
641
1971
November
12
27
30
ll*
7
8
December
January
628
6
12
31
15
6
7r
363
4
16
33
17
10
6r
511
February
3
16
29
16
10
8
539
309
280
1*68
519
440
382
k77
521
*
110
**
410
48I
Baham and Bermuda...............
as
10
52
36
45
77
112
123
127
77
140
135
Japan........................................
78
69
62
62
57
61
60
59
57
59
61
A ll other countries 2/ 3/ . . .
60
63
U
7
54
57
52
52
5k
52
53
Total........................................
1,163
1,638
1,375
1,455
1,488
l,258r
1,350
1,318
1,454
Note:
Data represent the liquid assets abroad o f large nonbanking con
cerns in the United States.* They are a portion o f the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM-IV-3.
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the fir s t column are comparable
l,068r
2/
3/
r
l,068r
in coverage to those shown for the preceding date; figures in the
second column are comparable to those shown for the following date.
Through December 1967, Luxembourg included in "All other countries."
Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above,
Revised.
M ay
109
2971
.CAPITAL M O VEM EN TS.
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-6. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns,
by Type and Country, as of February 28, 1971
(Position in millions of dollars)
Country
Total
short-term
liquid
claims
Payable in foreign currencies
Payable in dollars
Total
Deposits
3
16
29
16
10
8
539
2
10
2
16
10
4
517
2
10
2
13
10
2
437
481
317
135
61
Short-term
investments 1/
Short-term
investments l /
Deposits
*
*
*
3
*
2
80
2
6
27
*
*
4
22
2
6
27
*
*
3
22
*
_
*
*
*
259
57
164
36
128
119
119
-
15
15
-
2
1
*
59
55
3
53
18
9
9
34
25
10
1,350
Netherlands................................
Switzerland................................
Total
1,017
866
152
333
191
141
Note:
Data represent the liquid assets abroad of large nonbanking concerns
in the United States. They are a portion of the total claims on for
eigners reported by nonbanking concerns in the United States and are
included in the figures shown in Tables CM-IV-1 through CM-IV-3.
l/
Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more than one year
from the date on which the obligation was incurred by the foreigner.
2/ Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above.
* Less than $500,000.
Treasury Bulletin
110
_______________________________ CAPITAL M OVEM ENTS________________________________
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-7. - Long-Term Claims by Country
(Position at end of period in millions of dollars)
Calendar year
1970
Country
1967
1968
Europe:
March
1969 1/
June
1
8
11
1
17
36
51
22
4
5
12
60
2
16
6
43
*
10
_
-
2
5
1
*
21
30
56
27
9
4
13
74
39
*
6
147
1
18
*
*
*
4
1
3
15
12
58
125
10
9
22
83
67
1
5
152
3
14
_
*
*
4
1
3
17
13
58
125
10
13
22
83
68
1
5
152
3
14
_
1
*
4
2
3
15
12
56
124
297
13
21
79
85
1
6
159
2
15
_
1
*
4
2
3
16
11
55
125
313
16
20
'75
47
2
4
161
4
15
_
1
306
322
453
419
584
496
595
537
895
549
873
557
74
212
91
16
9
91
8
18
‘2
15
36
6
*
1
577
66
194
54
10
9
73
13
17
1
16
40
2
_
*
64
172
198
19
9
73
17
20
1
16
41
2
*
2
633
60
178
201
24
9
74
29
30
1
21
76
2
*
2
707
58
175
194
23
9
65
33
24
2
22
106
2
*
2
498
65
174
200
22
9
77
29
21
1
20
44
3
*
2
668
_
_
*
15
6
31
128
19
25
14
5
55
299
«.
1
14
9
49
141
62
34
19
8
55
391
_
1
17
5
14
128
16
24
15
3
38
260
411
«.
1
13
14
49
158
88
37
20
11
54
444
1
*
1
4
84
89
1
*
4
4
75
83
*
*
2
4
63
69
*
*
2
4
69
75
15
1
16
1,570
35
3
38
1,790
39
3
42
2,215
41
5
46
2,332
International and r e g io n a l...;........
-
-
-
Grand total........................................
1,570
1,790
2,215
Switzerland......................................
September
December p
*
4
6
3
15
16
56
126
314
16
19
76
46
5
4
157
4
10
_
1
877
597
*
5
6
3
14
16
57
88
312
22
19
86
51
12
3
146
4
11
_
1
855
645
715
71
177
272
36
9
63
30
29
2
20
105
5
*
6
825
71
181
259
35
9
59
29
28
2
25
138
3
*
6
845
_
_
_
1
12
14
48
166
90
36
22
13
49
452
1
11
17
48
144
78
40
28
13
48
427
2
13
17
46
140
79
42
29
14
49
430
*
*
1
4
66
71
*
*
2
4
69
76
*
*
3
4
65
*
*
2
4
64
71
43
4
47
2,714
49
4
54
2,727
-
-
-
53
5
58
2,856
*
2,910
*
2,332
2,714
2,727
2,856
2,910
L tfin America:
Chile.................................................
Panama. ••••••••••••••................ .
Other Latin American Republics. •
•
Bahamas and Bermuda........................
Netherlands Antilles and Surinam.
Asia:
China Mainland.................................
I n d i a . ......... ..................
Taiwan...............................................
Africa:
United Arab Republic (Egypt).......
Other countries:
1/
Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the fir s t column are comparable in
coverage to those shown for the preceding date; figures in the second
1
14
9
50
142
79
38
19
8
52
*
p
73
59
5
64
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
M a y 19J1
ill
rA P rrA T . M OVEM EN TS__________________
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-1. - Foreign Purchases and Sales of Long-Term Domestic Securities by Type
(In millions o f dollars; negative figures indicate net sales by foreigners or a net outflow o f capital from the United States)
Corporate and other securities
Marketable U.S. Government bonds and notes
Net foreign purchases
Calendar year
or month
Foreign countries
Total
36
1958..................
1959..................
i 960..................
1961 ..................
1962..................
1963..................
1964............
1965..................
1966..................
1967..................
1968..................
1969..................
1970..................
671
-338
-76
1971-Jan-Mar. p.
1970-Mar...........
Apr...........
May...........
June.........
154
-8
10
18
51
July.........
Aug...........
Sept.........
Oct...........
27
13
5
-93
23
1971-Jan...........
Feb* p . . . .
Mar. p . .. .
46
20
88
22k
532
-521
20
-207
369
-728
-^3
-1*89
-4
46
273
165
524
- 98
127
512
-616
Inter
national
and
regional
-2 37
689
49
1/
Other
foreign
ers
O fficial
in sti
tutions
-59
-20
-245
18
*
-380
-79
-39
5
*
-
2
15
20
*
-91
*
18
-
5
-
302
36
95
56
30
51
64
111
-315
-151
34
-8
9
Gross
foreign
purchases
Net
foreign
purchases
Gross
foreign of
corporate
sales
and other
securities
1,224
1,217
1,730
1,7**
1,603
1,231
1,867
1,1*9
1,077
1,487
1,153
1,188
528
1,780
2,508
1,196
-k27
680
-121
-l6 l
11
-25
585
443
Net
Gross
foreign foreign
purchases purchases
-39
435
252
223
60
207
-173
-375
17
73
50
-99
-51
9
176
38
1,011
313
1,964
1,195
945
1,070
4,234
679
347
193
418
348
ko
21
7k
6k
kQ
120
1
-8
*
*
1
-22
72
95
45
118
-1
17
99
35
6
21
5
-2
22
53
47
-2
-11
678
629
932
532
633
115
*
1
1
*
16
1,296
100
118
130
528
12
56
Ik
2,681
1,568
913
254
202
2,724
3,076
3,720
4,740
8,033
13,118
12,429
8,927
565
69
3,262
3,192
-4 l
4
-200
63
855
732
895
728
628
626
829
52
104
545
536
829
948
493
432
604
790
521
862
869
1,180
1,143
l4 l
232
133
142
330
239
145
291
220
102
97
81
238
38
106
121
204
323
111
198
219
157
p
81
228
47
75
135
243
243
377
294
89
137
123
1,862
-349
-413
-333
757
2,270
1,487
623
40
13
278
1,454
1,397
2,224
1,977
3,067
1,775
2,745
2,149
2,527
3,425
4,133
5,074
7,276
10,848
10,942
8,304
160
69
53
98
42
Data include transactions in issues o f. states and municipalities, and
of corporations aild other agencies of the U.S. Government which are
461
675
1,553
2,243
4,446
3,047
2,489
-56
363
392
4l6
359
246
284
637
542
1,929
2,481
1,853
1,545
-l6 l
76
129
18
kl
308
256
344
296
93
122
101
35
36
361
369
442
317
Net
Gross
Gross
Gross
foreign foreign
foreign
foreign
purchases purchases sales
sales
161
156
82
ko
Stocks
Bonds l /
82
99
147
88
2,260
225
158
98
216
130
-35
-26
168
153
240
171
619
1,078
999
1,145
1,117
563
not guaranteed by the United States,
Preliminary.
* Less than $500,000.
Table CM-V-2. - Foreign Purchases and Sales of Long-Term Foreign Securities by Type
(in millions of dollars; nagative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Foreign bonds
Calendar year
or month
Net foreign
purchases
of foreign
securities
Net foreign
purchases
-403
-1,026
-512
-562
-460
-944
-1,095
-928
- i ,£42
-914
-1,163
- 1,380
-1,026
r933
-321
1970-Mar........................
Apr.................... .
M
ay.......................
June......................
-014
-66
65
30
-101
-42
47
16
J u ly ...................
Aug......... .............
Sept..............
O c t.....................
-132
-222
3
-136
-237
17
-146
Dec.......................
1971-Jan.......................
Feb. p ..................
Mar. p..................
-1
-125
-313
-34
-56
1958...............................
1959..............................
i 960...............................
1961..............................
1962...............................
1963...............................
1964..............................
1965..............................
1966..............................
1967..............................
1968...............................
1969.................. ...........
1970.............. ...............
p
Preliminary.
-1,363
-750
-645
-830
-1,048
-1,044
-728
-953
-685
- 1,320
-1,695
-1,544
-895
-196
10
-123
-308
7
-20
Gross foreign
purchases
889
946
883
802
1,093
991
915
1,198
1,778
2,024
Foreign stocks
Gross foreign
sales
1,915
1,458
1,445
1,262
2,037
2,086
1,843
2,440
2,692
Net foreign
purchases
Gross foreign
purchases
Gross foreign
sales
-336
467
-238
566
804
804
592
-83
-370
-104
51
200
290
3,187
3,686
2,578
2,420
740
229
-157
-314
-517
38
-82
268
186
509
596
702
696
748
906
960
966
806
644
548
617
880
731
1,037
1,252
1,566
1,519
1,033
243
2,037
995
325
-13
-24
101
18
113
70
97
109
74
115
104
90
126
143
110
109
97
140
116
126
176
263
380
93
255
87
263
425
119
196
4
15
-14
-50
-11
-3
2,306
1,552
1,487
418
168
143
116
15
-5
-41
-36
80
62
60
76
71
65
83
90
68
85
60
58
45
90
120
76
86
95
108
121
Treasury Bulletin
112
HAPTTAT.
M O V E M E N T S
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-3. - Net Foreign Transactions in Marketable U.S. Government Bonds and Notes by Country
(In millions of dollars; negative figures indicate net sales la foreigners or a net outflow of capital from the United States)
y
Calendar year
1970
Country
Europe:
1969
1970
*
-1
*
1
*
•
-1
-3
*
-13
-1
-18
-4
*
*
-1
*
*
-6
_
*
*
*
*
*
*
7
*
92
*
*
-
52
-14
*
Canada..................................................
Latin America:
-343
93 .....
-80
JT.... .
Other Latin American Republics...
Netherlands Antilles and Surinam.
*
-1
*
*
*
_
_
*
*
*
*
*
-
-
-
-
*
*
-1
6
*
*
*
1
-3
*
*
1
2
*
*
4
Panama..............................................
*
*
*
_
*
*
_
-
Chile................................................
*
*
*
_
50
-112
-2
2
-
*
*
*
Nov.
India................................................
_
_
*
*
*
*
20
-
Japan................................................
Korea.............. .........................
*
1
*
*
*
10
10
Africa:
United Arab Republic (Egypt).......
_
_
_
_
3
3
_
*
*
52
_
-
2
-1
53
_
*
_
*
*
*
*
*
-
-1
2
20
_
_
_
_
-3
-4
35
35
*
*
*
*
_
-
-
-
*
*
-1
23
*
*
51
*
_
-
-
_
_
_
_
1
_
-2
5
_
-
49
2
48
*
4
*
-7
_
_
_
_
_
_
_
_
_
_
_
-94
-1
Grand total.........................................
p.
*
Preliminary.
Less than $500,000.
*
-1
_
_
_
_
*
*
*
*
_
_
_
*
_
-7
*
_
_
-3
_
*
_
_
_
_
_
_
_
_
_
_
*
_
_
_
_
_
_
_
_
*
_
_
_
_
_
_
*
-
-
-
_
_
*
_
_
_
_
_
_
_
*
_
_
_
_
*
_
-
_
*
_
*
_
_
1
*
*
_
_
_
_
_
_
_
_
_
_
_
*
_
_
*
*
_
_
_
-
-
-l
*
*
20
-
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
-
-
-
-
*
*
-
-
-
-
*
*
_
_
_
_
_
*
-l
*
*
*
-
*
*
*
_
_
*
*
*
*
-
-15
71
39
-94
-139
-22
-31
6
113
2
-
-161
6
5
-1
11
-489
-4
-
_
_
_
*
1
_
_
_
*
_
*
-1
47
*
_
_
*
_
Mar. p
_
*
-2
_
*
*
_
_
_
*
*
_
*
-328
International and regional:
International..................................
Latin American regional................
Asian regional................................
Total international and regional.
Feb. p
1
*
*
*
_
Other countries:
_
Jan.
_
_
_
*
*
_
_
*
*
_
*
Asia:
_
Dec.
-1
_
*
_
*
*
*
■
*
O
'N
-2
-
*
*
*
*
*
*
*
3
*
56
-9
*
*
_
_
*
*
*
*
_
*
*
*
38
5
_
-
Oct.
1971
CM
1968
1971
through
Mar. p
*
*
*
_
_
20
*
_
_
_
_
_
_
_
*
*
*
_
_
_
_
_
*
_
*
_
_
_
_
_
*
_
_
_
_
-
*
*
*
*
•
*
*
_
*
_
_
_
_
_
_
_
*
-
_
_
_
_
_
*
_
_
*
22
71
47
3
-11
_
_
-22
-2
1
17
-
*
-
_
_
98
1
-
-25
115
*
1
-22
-1
17
99
46
15^
-93
23
49
46
20
88
1
*
_
*
_
M a y 1971
113
_______________________________________ CAPITAL M OVEM EN TS________________________________________
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-4. - Estimated Foreign Holdings of Marketable U.S. Government Bonds and Notes by Country
(Position at end of period in millions of dollars)
Calendar year
Country
1968 1/
1967
1970
1969
1970
October
1971
November
December
January
February p
March p
Eurooe:
Turkey...............................................
United Kingdom................................
Other Western Europe......................
U.S.S.R.............................................
3
*
12
1
7
2
*
9
5
51
*
2
24
91
*
380
50
_
3
*
11
2
7
1
*
6
4
38
*
1
6
87
*
432
_
36
_
*
*
10
1
5
*
*
•
*
2
37
*
1
5
39
-
350
30
_
*
1
3
1
6
•
*
*
*
2
37
*
1
5
49
*
499
_
21
*
1
5
1
6
*
*
■
*
2
37
*
1
5
49
*
424
_
21
*
1
5
1
6
*
*
*
2
37
*
1
5
49
*
447
_
21
*
1
3
1
6
*
*
*
2
37
*
1
5
49
*
499
7
538
272
6
632
192
7
559
191
6
582
190
6
632
192
679
192
26
_
6
683
191
*
*
*
*
•
*
*
■
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
-*
*
•
-*
*
-
_
_
_
_
-
21
_
*
1
3
1
6
1
*
*
2
37
*
1
5
48
*
546
21
6
*
1
3
1
7
*
*
*
2
37
*
1
5
49
*
544
7
6
643
716
641
373
*
*
*
1
*
1
2
*
*
1
2
2
16
*
*
*
*
1
*
*
1
*
*
1
2
1
22
*
_
_
_
_
*
*
*
*
*
1
*
15
*
•
*
*
*
*
*
2
2
12
*
*
*
*
*
*
2
4
12
*
*
*
*
*
*
2
4
12
*
*
*
*
*
*
2
4
12
*
*
*
*
*
*
2
4
12
*
*
*
*
*
*
2
4
12
*
*
*
*
*
*
2
4
12
*
24
28
17
15
18
18
18
18
18
18
*
*
*
1
*
9
*
*
2
*
51
*
*
*
1
*
10
*
*
2
*
60
_
_
_
_
_
*
*
20
*
*
61
*
*
2
*
16
*
*
20
*
•
*
61
*
*
2
*
16
*
20
*
*
61
*
*
2
*
16
63
73
99
_
_
*
*
■
*
19
19
*
*
*
22
22
*
1
1
1,466
*
1
1
1,138
*
•
927
International and regional;
International................................
Latin American regional..............
Asian regional..............................
168
35
1
29
13
1
Total international and regional
204
1.670
*
1
3
1
7
*
*
*
2
37
*
1
5
48
*
537
_
27
_
6
_
1
Canada..................................................
Latin.America:
Chile................................................
Other Latin American Republics...
Netherlands Antilles and Surinam.
Other Latin America.......................
6
488
*
*
9
1
6
*
•
*
*
2
37
*
1
5
42
_
407
_
21
384
*
*
*
*
*
_
*
_
_
Asia:
Philippines......................................
Africa:
Congo (Kinshasa).............................
United Arab Republic (Egypt).......
Total Africa....................................
Other countries:
Australia.........................................
All other.........................................
Total other countries....................
Grand total.......................................
*
_
_
675
188
2
4
12
*
18
99
*
20
*
*
61
*
*
2
*
16
99
99
*
*
*
*
*
*
*
*
42
42
42
42
42
42
42
42
42
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
891
912
983
1,030
1,033
1,022
*
24
-
22
23
-
22
24
-
*
24
-
*
25
-
16
25
-
114
26
-
50
24
46
46
24
25
41
140
962
1,008
936
959
1.008
1,054
1,074
1.162
_
*
_
9
_
_
_
_
99
*
*
61
*
*
2
1
16
80
*
*
61
*
*
2
*
16
80
*
*
*
*
*
*
_
_
*
*
_
_
11
11
7
7
42
42
42
42
*
*
-
_
*
*
*
*
-*
-
912
983
25
13
1
32
18
-
43
39
1,180
966
*
*
61
_
*
2
*
2
2
14
79
_
15
26
_
_
*
20
*
*
61
*
*
2
*
16
_
*
Note:
Data represent estimated o ffic ia l and private holdings of market
able U.S. Government securities with an original maturity -of more
than one year. Data shown as of end year 1967 through end year 1968
(fir s t column) are based on July 31, 1963 benchmark survey of hold
ings and the regular monthly reports of securities transactions
(see Table CM-V-3). Data shown for end year 1968 (second column)
through latest date are based on a benchmark survey as of November 30,
1968, and the monthly transactions reports. For statistical
convenience, the new series is introduced as of December 31, 1968,
rather than as of the survey date.
_
l/
p
*
_
42
The difference between the two series is believed to arise from errors
in reporting during the period between the two benchmark surveys, from
shifts in ownership hot involving purchases or sales through U.S. banks
and brokers, and from physical transfers of securities to and from
abroad. It is not possible to reconcile the two series or to revise
figures for earlier dates.
See Note above.
Preliminary.
Less than $500,000.
Treasury Bulletin
114
_______________________ CAPITAL M O VEM EN TS_______________________
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-5. - Net Foreign Transactions in Long-Term Domestic Bonds,
Other than U.S. Government Bonds and Notes, by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from one United States)
Calendar year
Country
gjroj>e:
1968
1970
1970
1969
1971
through
Mar. p
1971
Oct.
Nov.
Dec.
Jan.
Feb. p
*
3
*
2
1
1
*
*
-1
*
*
1
3
1
-
*
19
*
*
2
7
1
-1
-3
*
*
-1
9
*
28
1
*
#
1
*
*
-6
*
*
*
-1
*
*
1
15
*
2
*
%
-3
31
*
2
4
3
•
*
3
2
5
*
1
1
16
*
21
*
*
*
61
12
28
85
“
92
Latin America:
-4
11
*
*
■
*
*
*
*
-1
*
*
*
8
-1
-4
81
4
*
97
200
*
16
14
-23
#
1
11
169
*
251
#
-2
*
*
*
85
2
*
35
48
1
15
37
-18
*
3
1
134
*
118
*
2
*
-2
29
1
2
15
10
1
7
2
3
*
1
2
63
*
56
*
*
*
*
42
*
*
-1
*
*
1
#
*
1
*
8
*
-8
*
*
1,757
68
Other Eastern Europe......................
3
121
11
*
195
253
5
64
39
1
*
1
15
510
#
522
*
17
*
815
32
464
128
189
43
36
14
13
17
*
1
*
*
1
*
-2
2
*
*
*
*
*
*
-3
-2
*
*
*
*
*
1
#
4
-3
*
Other Latin American Republics...
Bahamas and Bermuda....................
Netherlands Antilles and Surinam.
1
-1
-8
25
*
*
*
*
*
*
5
*
*
3
1
5
9
*
*
*
*
*
*
-1
*
*
1
*
9
-6
*
*
*
*
*
-1
*
*
*
*
*
3
-2
-
14
23
3
1
2
1
-4
1
6
.
2
*
.
_
1
*
4
5
*
*
•
*
-5
5
*
*
*
*
*
*
5
6
.
*
-
*
-
*
*
*
*
2
3
*
#
*
*
2
3
#
*
_
*
*
*
*
*
*
1
-
*
*
*
*
*
*
*
1
3
5
*
*
*
-5
3
*
*
*
*
1
2
*
*
*
1
*
-8
16
*
*
*
-1
*
-1
*
*
Asia:
2
#
*
-8
*
3
*
*
2
-1
-12
1
*
-4
-1
*
3
-11
*
*
*
*
*
*
*
*
*
#
-1
-1
10
1
11
10
*
-
Africa:
United Arab Republic (Egypt).......
Other countries:
2
*
*
1
2
*
*
*
22
28
*
*
*
*
*
*
#
-
1
European regional....................
Asian regional........................
Total international and regional.
Grand total ...............................
*
*
-
*
_
*
_
*
_
-
-
-
*
*
*
-
■
*
*
-12
-
-
#
*
-
-
-
-
-
#
*
*
#
*
*
*
*
-2
*
-12
*
-
-
-
_
-2
62
*
*
-12
*
631
-12
221
*
1
1
*
-
35
67
37
71
112
314
*
128
*
19
*
13
8
52
-
-
65
*
11
-
-
-
-
-
-
-
52
65
11
89
137
123
1
-14
1
-12
117
343
-
-
-
-7
336
314
128
19
13
8
1,195
945
348
81
47
75
1,964
-
*
*
10
861
117
-
.
1,847
International and regional:
1
-2
*
*
10
14
*
4
-1
*
*
*
*
32
32
*
*
#
•
*
*
1
*
#
*
*
*
-4
5
*
12
Chile.................................................
1
Mar. p
-
Note: Data include transactions in issues of states and municipalities,
and of corporations and other agencies of the U.S. Government which are
not guaranteed by the United States.
p
*
Preliminary.
Less than $500,000.
_
_
115
May 1971
papttat.
M OVEM ENTS________________________
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-6. - Net Foreign Transactions in Domestic Stocks by Country
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States).
Calendar year
1970
Country
1969
1968
1971
through
Mar. p
1970
Oct.
Nov.
-62
67
*
*
5
*
*
-3
23
*
*
29
*
*
7
13
*
22
16
1
25
13
18
*
Europe:
17
80
2
*
201
169
-2
43
298
1
-12
-3
-10
Turkey...............................................
822
*
-28
-1
H
19
226
-1
*
X
58
195
49
189
38
128
3
2
-2
5
-4
490
Chile................................................
4
5
X
-1
Other Latin American Republics...
-13
*
*
*
-5
1
-33
*
X
X
X
-1
*
32
-9
-22
*
*
X
2
1
*
*
*
1
1
1
-1
2
-4
2
136
X
9
*
*
X
9
_
2
2
X
X
X
_
11
10
8
14
9
*
*
*
*
*
39
*
14
*
*
_
-2
2
_
3
-1
-2
-2
-1
14
*
6
-6
18
X
_
-
-3
*
*
*
3
11
*
_1
*
-2
X
X
X
4
-3
X
9
X
X
X
_
X
X
X
X
*
*
*
*
X
X
X
X
X
-1
*
*
*
*
*
*
X
*
*
*
*
*
*
*
*
*
*
*
-1
X
X
*
*
13
X
X
*
*
*
*
*
*
*
-1
3
*
-1
*
*
*
5
1
X
*
*
*
*
*
*
85
-2
1
4
2
5
1
X
X
*
*
90
-1
21
11
X
-1
-1
-1
1
_
16
7
*
*
*
*
*
X
X
X
3
1
2
*
*
_
*
*
*
-3
*
*
*
*
*
36
-1
-1
_
*
*
*
*
-
1
*
_
-1 1
*
X
X
X
X
*
*
-1
X
X
X
X
-
*
-26
*
*
-25
*
X
X
X
X
X
*
-3
*
*
*
*
6
-6
*
7
*
*
*
*
*
*
*
*
*
*
*
26
1
11
-1
1
-1
-34
*
1
*
*
11
10
-2
*
-1
2
, 84
6
32
10
*
*
*
*
1
3
1
2
.1
-59
30
X
X
*
*
18
*
*
*
11
4
9
*
*
55
*
*
-26
*
-1
21
1
*
107
*
-4
44
1
X
137
40
15
-1
Total Africa....................................
Other countries:
-23
28
*
26
•
*
X
X
*
3
-1
-13
27
*
*
42
-1
_
39
27
*
-5
1
1
54
124
Morocco.............................................
*
-1 1
*
20
Africa:
*
12
-2
*
14
X
X
2
X
1
-1
X
X
1
X
Mar. p.
35
X
X
X
X
X
X
X
2
X
*
*
Feb. p
17
-1
X
X
2
_
Jan.
-1
-6
-1
-1
6
*
2
Korea................................................
*
Dec.
*
*
*
-3
*
*
*
*
*
9
X
3
*
X
85
31
3
*
5
11
_
*
*
*
X
X
X
_
-1
_
52
1
X
X
3
*
-7
*
-29
1
482
18
*
37
1
-1
1,094
125
151
Asia:
-1
-2
2
*
77
47
140
1
36
*
-1
-1
_
1
Netherlands Antilles and Surinam.
2
3
-7
-245
*
1,592
2
-1
1
110
-2
*
*
386
*
150
216
-1
1
Canada..................................................
Latin America:
-2
-10
1971
2
*
*
*
X
X
-1
X
X
X
-2
*
X
-1
_
3
3
2,257
-1
1
-1
*
*
*
X
-1
X
*
1,451
601
53
158
91
213
119
-35
-32
International and regional:
International..................................
Total international and regional.
12
12
36
36
22
22
17
17
-1
-1
7
7
3
3
11
11
*
*
6
6
Grand total.........................................
2,270
1,487
623
69
158
98
216
130
-35
-26
p
*
Preliminary.
Less than $500,000.
*
*
Treasury Bulletin
116
____________________________ CAPITAL MOVli’.Mli’TJTS-
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
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
Country
1970
1971
through
Mar. p.
1968
Germany.............................................
Italy.................................................
Total Europe....................... ...........
1970
1
48
-1
9
23
23
2
25
5
5
12
-6
1
67
*
4
1
-1
#
1
42
4
10
1
59
-3
6
15
6
1
*
13
-26
*
-4
-1
-8
-
2
7
6
8
10
-22
*
21
19
6
3
1
-1
43
*
8
#
-2
*
*
2
1
1
1
-8
5
-1
*
*
1
-1
37
*
3
_
218
117
-970
108
-893
Europe:
1969
40
-117
-19
-14
3
-2
1
-14
3
-3
-31
3
-2
1
*
3
-3
-202
-2
-267
-685
Latin America:
India.................................................
_
2
2
-3
-161
18
-3
-1
*
1
14
-130
6
1
-1
-54
-1
•
*
*
*
2
-48
5
#
8
*
-38
_
_
*
#
*
-4
-4
#
*
-2
-2
17
8
13
10
25
-1,093
23
-674
-260
1
-68
-327
54
6
6
66
-177
1
-83
-259
-193
*
2
-1,380
Asia:
_
-1
-1
*
-138
-1
-1
-7
-1
-6
-36
-192
-1,054
Netherlands Antilles and Surinam.
_
-2
5
-2
-149
14
#
-16
-1
2
53
-97
9
Other Latin American Republics...
-29
#
-1
-2
-15
-3
-12
7
-2
-69
3
6
Cuba..................................................
-2
1
3
*
3
*
*
1
7
*
-26
1
*
-24
Chile................................................
2
1
53
-2
*
-2
-24
*
*
5
-15
-6
1
-1
12
-1,026
-933
_
Africa:
United Arab Republic (Egypt).......
_
-11
1971
Oct.
Nov.
Dec.
*
1
#
1
1
-6
*
1
1
*
*
#
-1
-1
-1
-
*
*
*
*
*
*
2
1
*
1
*
*
5
*
1
*
-
*
1
*
1
*
-10
*
2
#
*
#
-2
9
*
-4
10
Jan.
Feb. p
Mar. p
*
-
*
-1
-1
*
2
-1
1
-1
*
*
1
*
10
6
3
-
*
-1
2
*
2
-5
2
#
1
*
*
*
9
-11
-
*
4
*
-2
-2
2
-1
*
*
*
-1
18
5
*
-
-2
-96
18
-1
-101
30
23
-47
2
#
*
*
*
#
*
*
*
1
*
*
_
_
*
*
*
*
1
1
-10
-2
#
*
*
*
*
2
-1
-11
1
*
-1
#
*
#
#
1
-4
*
1
*
-2
*
3
*
3
*
*
1
4
*
-5
2
*
-10
-8
6
*
-13
1
-3
*
*
*
1
_
*
*
*
-13
2
*
_
-33
1
_
#
1
-1
-24
1
_
2
_
-1
-15
1
*
*
*
*
*
*
*
*
-14
-12
3
*
-16
-3
*
•
*
*
1
-14
-40
7
*
*
*
*
#
*
*
*
#
*
*
*
*
1
*
-3
*
*
_
1
#
*
#
*
*
*
*
2
_
_
_
-32
*
*
1
-21
_
*
_
#
1
-13
_
_
_
_
_
_
_
-
_
_
*
*
-1
-1
*
*
*
*
*
*
1
3
2
*
-55
1
1
1
6
4
-127
2
-112
1
1
2
11
1
-29
3
*
3
4
*
-
-191
3
*
-94
-91
4
-192
*
-5
-197
-6
*
3
-4
6
*
4
10
-321
-146
10
-123
-308
7
-20
_
_
_
*
*
_
_
_
#
_
_
_
_
*
*
1
1
2
_
_
_
Other countries:
4
1
5
-130
1
*
International and regional:
Total international and regional.
p
*
Preliminary.
Iiess than $500,000.
M ay 19 71
117
_____________________ CAPITAL M OVEM EN TS_______________________
Section 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
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1970
Country
1971
through
Mar. p
1968
1970
*
-27
*
*
-25
8
*
-1
49
*
*
-9
-2
14
*
-218
-1
*
-211
-52
-1
-1
*
*
-8
20
*
7
63
*
*
*
*
37
*
-161
*
1
-
*
-19
*
*
-30
-4
-1
-9
48
*
*
*
*
1
*
-43
*
*
*
-4
*
2
2
*
*
-4
*
*
*
*
-4
*
-46
*
*
*
-4
*
*
-5
-1
*
*
-8
*
*
■
*
-7
-3
*
*
-44
-158
-58
116
-53
29
-27
-11
-4
*
*
*
_
-4
-7
-1
-1
-6
*
*
-11
*
*
-8
*
*
*
-5
*
*
*
*
-2
-19
5
*
-1
-3
2
*
_
1
-6
*
*
-3
*
3
-13
*
*
*
*
*
_
-1
1
*
*
*
*
-2
1
*
*
*
*
*
_
*
*
*
*
*
*
*
2
*
-33
-29
-21
-2
_
3
*
*
-2
-5
*
5
*
*
1
2
_
8
*
*
-3
-301
*
16
*
*
2
-279
1
*
*
1
5
*
1
*
*
-3
5
*
*
-14
*
*
*
*
-2
*
*
-15
Europe;
Austria.............................................
1969
Oct.
Nov.
1971
Dec.
Jan.
Feb. P
Mar. p
*
-1
*
-2
1
*
*
-1
*
*
*
*
-2
-13
*
*
•
*
*
-2
1
*
-2
*
*
*
*
-4
*
-12
-20
8
*
5
_
-2
*
*
*
-7
*
*
*
-3
-13
*
-21
22
*
-2
*
9
1
*
*
-2
*
*
*
-1
*
-19
*
-16
19
-2
*
-4
1
*
*
-1
*
*
*
-1
-13
*
-20
-18
-3
13
*
*
*
_
-1
*
*
*
*
*
-1
■
*
*
*
*
*
*
_
*
-2
*
*
-1
*
-1
■
*
*
*
*
*
*
_
*
*
_
*
*
*
-1
*
*
2
-1
-4
-1
*
*
*
_
-1
*
*
*
*
*
-1
1
-1
*
*
_
*
_
*
*
_
*
*
*
*
*
*
*
*
*
-1
-52
-1
*
*
*
1
*
_
*
-13
_
*
*
*
*
*
*
*
*
3
_
*
*
*
•*
_
*
1
*
_
*
*
*
*
*
*
_
-1
-7
*
*
*
1
*
*
-17
*
*
*
*
*
*
-28
*
*
*
*
-55
-13
3
1
-8
-17
-30
*
-2
*
-1
_
*
-1
_
*
_
_
*
_
*
*
•
*
-3
-1
-1
*
*
*
*
_
*
_
*
*
_
_
-1
_
-
-2
*
_
*
*
*
-1
-2
*
-6
*
-3
*
-1
*
*
*
-6
-517
-3
-1
*
*
-1
*
*
36
-83
-50
*
*
*
-1
*
-2
-312
*
*
*
-11
-3
-5
-41
-37
International and regional;
International......... ........................
-2
-1
2
1
-
-
-
-
*
1
Total international and regional.
-2
-1
2
1
-
-
-
-
*
1
Grand total.........................................
-314
-517
38
-82
-50
-11
-3
-5
-41
-36
Italy................................................
United Kingdom................................
Latin America:
Chile................................................
Panama.
Peru..................................................
Other Latin American Republics...
Netherlands Antilles and Surinam.
Asia:
India................................................
Africa:
United Arab Republic (Egypt).......
Other Africa..............................
_
_
Other countries:
p
*
Preliminary.
Less than $500,000.
_
_
-1
Treasury Bulletin
118
.CAPITAL MOVEM ENTS.
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-9. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During March 1971 Preliminary
______________________ (In millions of dollars)____
Gross purchases by foreigners
Country
Domestic securities
Corporate and
Marketable
Total
U.S. Govern other
purchases ment bonds
and notes
Bonds
Stocks
Europe:
b
90
2
*
103
122
1
26
6l
101
l
*
2
2
123
18
62
*
*
1
2
6
2
55
53
*
_
-
287
*
119
*
3
_
*
31
*
173
56
*
*
*
*
58
*
-
215
-
26
157
26
37
*
*
-
-
31
*
*
b
1
*
1,039
319
2
*
3
1
19
9
*
2
8
l
111
8
22
*
1
*
*
8
1
*
*
1
73
2b
1,007
5^
bl
3*^
, 3
1
*
*
*
*
*
*
*
b
1
5
-
1
-
11
8
*
1
3
*
3
7
*
*
1
b
18
6
8*
1
^5
*
6
b
*
2
2
*
*
3
*
3
*
2
12
1
1
1
-
6
6
357
*
22b
*
3
*
*
1
1
-
12
10
*
1
b
l
109
23
_
37
Less than $500,000.
b
1
11
16
20
*
*
_
21
*
_
_
_
*
_
_
130
81
796
50
b2
U
5
167
100
, 29
*
_
*
_
_
*
*
1
2
*
*
_
*
_
.
1
2
*
_
*
*
*
3
_
*
_
*
1
_
7
7
*
1
b
l
_
*
*
_
_
*
_
b
1
*
_
*
*
*
*
_
*
*
*
10
86
7
-
31
11
2
*
2
2
1
186
*
21
1U
0
19
6
23
*
*
_
*
_
*
*
_
*
*
5
bO
6
_
*
*
_
19
5
_
*
_
_
*
^3
*
*
13
*
*
*
20
51
*
21
*
*
1
5
*
_
_
2
_
_
*
35
25
^3
*
*
*
*
3
*
_
*
_
_
_
_
*
*
*
_
_
_
_
-
_
_
*
*
1
_
-
_
-
1
_
1
1
2
_
*
2
*
*
1
1
-
*
*
*
*
1
-
265
1,108
29
9
-
2
1
-
1
*
1
, 16? ,
7
*
b
-
1
1
*
-
1
_
Qb
1,650
b2
1
23
*
1
-
_
-
-
1
*
*
1
*
1
*
*
*
*
1
2
_
*
___2___
*
-
*
-
1
*
*
h lb o
19^
„,i?l
_
b
-
-
_
-
1
*
*
-
*
*
-
b
1
1
1,1^3
196
121
18
1^9
99
29
9
11
1
23
-
18
1,802
*
1
*
*
*
*
9
6
*
-
2
1
2
*
5
3
31^
*
2
2
1
*
*
*
98
1
-
b
*
*
*
109
*
*
lM*
*
5
-
1
+
2
*
lb
-
-
7
5
*
3
*
1
*
*
.,-,2 1 ____
2
1
*
109
8b
*
13
51
11
9
2
*
b
*
*
-
1,653
*
*
*
7
77
-
3
*
*
*
bb
1
Stocks
77
6
_
_
*
*
-
2
*
*
*
Bonds
Stocks
*
*
_
3
39
168
21
b
Foreign securities
18
1
737
-
*
3
5
*
*
*
*
Bonds
*
*
_
_
_
_
*
-
29
1
1
securities
Corporate and
other
_
*
_
_
_
*
*
7
7
*
_
*
*
-
98
*
Domestic
Marketable
U.S. Govern
ment bonds
and notes
N
Total international and regional...
b
1
*
1
b
1
Total
sales
*
b
b
-
Total Latin America...........................
Asia:
China Mainland....................................
Hong Kong.............................................
India....................................................
Indonesia............................. . . . ..........
Israel...................................................
Japan...................................... .............
Korea....................................................
Philippines..........................................
Taiwan...............................................
Thailand...............................................
Other Asia...........................................
Total Asia............................................
Africa:
Congo (Kinshasa).................................
Morocco.................................................
South Africa.................. . . . . . . ............
United Arab Republic (Egypt)...........
Other Africa........................................
Total Africa........................................
Other countries:
Australia....................................
All other.............................................
•Total other countries........................
Total foreign countries........................
International and regional:
International......................................
European regional...............................
Latin American regional....................
Asian regional....................................
*
7
8
*
_
5
3
_
b
*
Venezuela.............................................
Other Latin American Republics........
Baham and Bermuda...........................
as
Netherlands Antilles and Surinam...
20
_
83
95
*
*
l
l
*
*
*
230
Panama..................................................
Peru......................................................
*
30
*
-
3
66
1
Stocks
53
3
*
*
7
5
379
*
Chile....................................................
1
1
15
*
*
13
Bonds
lb
b
Latin .America:
_
-
Gross sales by foreigners
Foreign securities
130
29b
1,117
176
85
1 , 671*
b2
171
1
119
May 1971
CAPITAL MOVEMENTS.
Section V - 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 1970
________________________ (In millions of dollars)_____
Gross purchases by foreigners
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.....................
Total Europe.................................. .
Canada.................................................
Latin America:
Argentina.........................................
Brazil............................................. .
Chile................................................
Colombia.........................................
Cuba...............................................
Mexico.............................................
Panama.............................................
Peru................................................
Uruguay........................................... .
Venezuela.......................................
Other Latin American Republics..
Baham and Bermuda......................,
as
Netherlands Antilles and Surinam,
Other Latin America......................
Total Latin America......................
Asia:
China Mainland...............................
Hong Kong.........................................
India................................................
Indonesia........................................
Israel.............................................
Japan................................................
Korea...............................................
Philippines....................................
Taiwan............................................. .
Thailand.........................................
Other Asia......................................
Total Asia......................................
Africa:
Congo (Kinshasa)........................... .
Morocco...........................................
South Africa.................................. .
United Arab Republic (Egypt)....,
Other Africa.................................. .
Total Africa.................................. .
Other countries:
Australia.........................................
All other.........................................
Total other countries.................. .
Total foreign countries.................. .
International and regional:
International..................................
European regional......................... .
Latin American regional................
Asian regional................................
Total international and regional,
Grand to ta l.........................................
*
Less than $500,000.
Domestic securities
Marketable
Corporate and
Total
U.S. Govern other
purchases ment bonds
and notes
Bonds
Stocks.
Gross sales by foreigners
Foreign securities
Bonds
Stocks
Total
sales
28
693
16
1
695
496
3
109
722
40
2
32
43
2,852
3
2,063
*
23
Domestic
Marketable
U.S. Govern
ment bonds
and notes
securities
Foreign securities
Corporate and
other
Bonds
Bonds
Stocks
Stocks
2
23
512
59
2
4
*
*
580
30
69
313
*
2
16
64
36
615
9
24
■
*
2
28
1
16
14
214 2,376
•
*
3
345 1,000
*
*
1
19
21
502
4
*
638
507
2
103
743
12
4
30
9
2,486
1
967
■
*
16
4
87
10
8
38
61
-*
37
36
12
3
2
12
229
*
163
5
102
18
*
513
3
144
3
*
65
117
2
31
73
6
•
*
4
15
348
*
463
8,912
534
1,277
6,045
704
352
7,824
441
2,664
45
513
1,212
431
465
3,193
124
11
2
4
6
*
52
39
14
5
38
8
696
463
5
13
1
53
1
*
13
8
1
2
6
2
37
10
1
1
17
15
1,343
146
46
1,630
126 1,299
163
6
2
10
109
24
31
21
2
149
1
19
82
1
124
1
4
199
161
3
11
1
6
70
166
579
197
12
20
12
28
757
17
9
769
712
4
175
953
30
7
39
37
3,147
1
2,204
*
20
26
4
61
7
*
75
57
15
8
49
13
845
525
6
1,690
184
23
*
42
197
*
13
1
6
120
149
20
587
25
1
2
75
282
43
49
35
35
24
27
26
67
421
T897
1,3^7
658
1
23
21
516
30
528
*
100
53
12
89
1
10
682
34
100
629
59
14,615
679
8,927
1,487
“385 1,220
1,116
348
1,031
1,033
lJ ,W
13,897
15
32
■
*
1
1
17
43
4
1
14
28
134
67
3
192
3
3
2
1
144
212
161
14
1,973
2,489
410
14
645
30
596
6
14
*
6
1
2
59
13,933
516
814 5,563
68
88
15
9
40
27
827
502
11
23
23
57
31
1
14
54
3
*
65
*
141
11
2
4
6
*
42
44
15
6
32
8
683
437
23
1
13
10
28
83
16
17
6
*
1
13
186
*
155
25
5
5
11
20
12
32
11
43
"39T
"574"
202
266
6
633
94
202
359
1,545
2,420
8,304
995
Treasury Bulletin
120
_______________________CAPITAL M OVEM ENTS_______________________
Section VI - Foreign Credit and Debit Balances in Brokerage Accounts
Table CM-VI-1. - Foreign Credit Balances (Due to Foreigners) by Country
(Position at end of period in millions of dollars)
Calendar year
1970
Count:\v
1966
1967
7
1
1
3
1
53
*
15
2
_
#
*
1
3
*
*
8
10
#
7
8
1
*
2
1
61
*
13
*
2
_
*
2
6
*
*
15
11
*
9
11
2
*
3
3
115
*
30
*
2
_
*
105
118
15
17
2
1
*
1
*
2
*
*
1
#
1965
Europe:
Belgium-Luxembourg l / ....................
1
4
*
8
4
#
4
Canada..................................................
Latin .America:
1968
1969
March
June
September
December p
1
14
1
#
31
22
1
16
22
3
1
7
3
239
*
67
*
1
*
2
19
*
*
18
14
*
8
12
1
*
3
1
153
*
61
#
1
*
*
1
16
*
*
26
13
*
7
9
1
1
3
1
120
*
41
*
1
*
*
1
19
*
*
12
18
*
8
12
1
1
5
1
118
*
31
*
1
_
*
1
11
*
*
16
12
*
9
9
1
1
4
1
96
*
24
*
1
_
*
1
17
1
*
26
17
1
16
14
1
*
6
1
100
*
40
*
1
-
210
50
430
87
294
52
241
229
43
34
185
29
243
36
1
*
*
*
*
3
3
1
1
5
1
34
14
*
1
*
*
*
*
4
3
1
1
4
1
27
22
*
1
*
*
*
*
2
4
*
1
4
1
20
14
*
1
*
*
*
*
3
3
*
1
4
1
24
20
*
1
*
*
*
*
3
3
*
1
5
1
15
11
*
40
2
*
2
6
1
1
2
*
6
1
2
4
1
3
2
*
4
1
11
*
2
1
1
1
*
6
6
1
2
7
2
34
20
*
22
26
34
82
64
64
47
58
*
15
*
5
*
*
1
1
#
*
*
*
5
13
6
*
*
*
2
*
1
*
*
6
15
*
12
*
*
1
2
*
11
*
*
7
34
*
10
*
*
*
*
*
3
#
*
7
21
*
8
*
*
1
*
*
2
*
*
7
18
*
13
*
*
1
1
*
2
*
*
5
22
10
*
*
*
1
*
1
*
*
4
17
19
*
*
*
1
*
2
*
*
5
27
*
*
*
*
1
1
#
*
*
*
1
1
*
*
*
*
1
1
*
*
1
*
1
2
*
*
*
*
1
1
*
*
*
*
1
1
*
*
*
*
1
1
*
*
*
*
1
2
*
*
»
*
1
2
*
*
*
*
*
#
*
*
*
1
#
1
*
1
*
1
1
*
1
*
175
-
311
1
636
1
158
-
1
368
-
-
434
-
158
Chile................................................
1
1
1
*
*
5
2
1
2
175
311
636
434
4
Other Latin American Republics...
Netherlands Antilles and Surinam.
Asia:
India................................................
Africa:
United Arab Republic (Egypt).......
Other countries:
All other.........................................
Total other countries....................
Total foreign countries....................
International and regional...............
Note:
4
#
*
*
1
*
*
*
*
10
4
4
-
Data represent the money credit balances (due to foreigners), as
appearing on the books of reporting brokers and dealers in the
United States, in accounts of foreigners with them, and in their
accounts carried by foreigners.
1/
p
*
-
1
1
-
334
-
291
-
1
349
-
368
334
291
349
Through June 1967, Luxembourg included in "Other Western Europe."
Preliminary.
Less than $500,000.
121
May 1971
________________________ CAPITAL M O VEM EN TS________________________
Section VI - Foreign Credit and Debit Balances in Brokerage Accounts
Table CM-VI-2. - Foreign Debit Balances (Due from Foreigners) by Country
(Position at end of period in millions of dollars)
1970
Calendar year
Country
1968
1965
1967
*
1
*
*
6
5
1
5
4
1
*
1
*
20
*
13
EuroDe:
1966
*
1
*
*
5
6
1
6
2
1
*
3
*
20
*
12
#
2
1
*
10
13
1
9
5
*
*
3
2
74
*
23
*
15
*
*
22
20
1
13
12
1
*
5
1
106
#
41
2
1
1
1-
1969
March
June
September
December p
*
5
1
*
12
14
*
9
12
1
*
2
1
50
*
37
*
1
*
5
*
*
8
13
*
8
7
1
*
2
1
35
*
Z
J
*
4
1
*
9
10
1
10
8
1
*
2
1
25
*
16
*
3
*
*
7
13
1
7
4
*
*
3
*
27
#
24
1
1
1
*
*
*
9
*
#
16
20
1
12
8
1
*
3
1
36
*
44
*
1
*
*
92
152
40
49
*
Chile................................................
Other Latin American Republics...
Bahamas and Bermuda.......................
Netherlands Antilles and Surinam.
Asia:
*
*
59
28
146
71
239
141
146
61
108
39
88
40
1
1
*
1
*
2
2
*
1
2
1
1
2
*
2
1
1
*
#
4
4
*
1
2
*
1
3
*
3
1
*
*
*
6
5
*
1
3
1
15
4
*
3
*
1
*
*
5
4
1
3
2
*
38
18
*
3
*
1
*
*
3
4
*
1
3
1
24
6
*
2
*
1
*
*
4
3
*
1
2
2
Z
J
8
#
2
*
*
*
*
2
5
*
*
2
1
6
6
*
2
1
*
*
*
3
4
*
*
3
1
23
4
*
2
1
*
*
*
3
4
*
*
4
1
21
5
*
13
Latin America:
*
57
25
20
40
77
45
51
26
40
41
*
15
*
*
1
1
*
*
*
*
6
Other countries:
-
-
-
-
-
-
18
*
*
*
1
*
*
*
7
20
1
*
*
17
40
10
*
*
18
12
*
*
1
*
%
2
*
2
•
7
24
15
*
*
1
*
*
2
*
1
6
26
16
*
*
]
1
*
1
*
2
7
28
23
*
*
2
1
*
1
*
*
6
49
10
*
*
1
*
*
1
*
3
6
22
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
1
*
*
*
*
1
*
#
*
*
*
*
*
*
*
*
*
*
1
United Arab Republic (Egypt).......
-
19
*
*
1
1
23
Africa:
-
11
*
*
1
1
*
1
1
2
1
1
1
*
*
*
*
1
1
*
*
*
*
1
1
*
*
*
*
*
*
*
*
*
*
*
1
*
*
*
1
*
1
*
*
298
508
1
278
1
220
1
182
119
119
Note:
1
128
-
1
1
279
279
-
-
-
-
-
-
203
-
128
298
503
278
220
182
203
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.
1/
p
*
35
Through June 1967, Luxembourg included in "Other Western Europe."
Preliminary,
Less than #500,000.
Treasury Bulletin
122
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND
Section III - Federal Credit Programs
Table GA-III-1. - Direct Sales and Repurchases of Loans
(In millions of dollars)
Housing and Urban Development Department
Export-Import
Bank of the
United States
Total
Fiscal year
or month
Sales
196
196
196
196
196
196
196
197
3
4
5
6
7
8
9
0
1970-Mar.
Apr.
May.,
June,
July,
Aug.
Sept,
Oct.,
Nov.,
Dec.
1971-Jan.
Feb.
Mar.
1,275
1,150
936
596
954
1,070
1,337
2,115
129
92
k9
137
154
393
203
250
162
494
172
255
76
Repur
chases
92
213
428
842
19
27
44
49
28
33
24
34
31
23
15
11
20
Sales
336
436
124
63
153
91
379
406
6
14
*
90
16
41
4
97
Repur
chases
261
Farmers H e
om
Administration
Sales
2/
133
119
157
291
729
974
959
1,668
123
78
35
23
137
372
188
196
150
374
77
202
63
Repur
chases
Small Business
Government
National Mortgage Office of Secretary Administr ation
2/
Association 1/
Sales
307
144
264
6
50
174
405
569
18
26
43
48
27
32
23
33
30
22
14
9
15
Fiscal 1971
218
2,159
165
205
1,759
to date...
1 / The secondary market operations of Federal National Mortgage Associ
ation were converted to private ownership effective Sept. 30, 1968,
pursuant to P.L. 90-448 (82 Stat. 536). Amounts reported exclude the
following applicable to secondary market operations: net sales, 1963
$547 million; net purchases, 1964 $67 million, 1965 $232 million,
1966 $1,838 million, 1967 $1,107 million, 1968 $2,316 million, 1969
Repur
chases
Sales
34
104
33
11
Repur
chases
Sales
5
5
31
120
2
Repur
chases
2
15
6
Veterans
Administrati on
Sales
460
342
327
105
71
2
*
38
Repur
chases
41
24
17
12
14
24
1
21
15
13
8
23
93
51
10
235
through Sept. 30, 1968 $296 million.
2 / Includes college housing, elderly housing, and public fa c ility loans.
2/ Sales by fisca l years are on basis of actual figures shown in the
Budget document and include in itia l sales of loans from credit insur
ance funds. The monthly figures are on basis of agency reports.
* Less than $500,000.
M ay 1971
123
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section IV - Trust Funds
Table GA-IV-1. - Federal Old-Age and Survivors Insurance Trust Fundi/
(In millions of dollars)
Receipts
Fiscal year
or month
Total 2/
Deposits by Net earnings
on investments
States Lj
Appropriations
1937-61...............................................
1962....................................................
1963....................................................
1964....................................................
1965....................................................
1966....................................................
1967....................................................
1968....................................................
1969....................................................
1970....................................................
1971 (E st.)........................................
1972 (E st.)........................................
91,214
12,011
13,856
16,043
16,417
18,461
23,371
23,641
27,348
31,746
34,308
39,065
81,481
10,600
12,351
14,335
14,572
16,474
20,732
20,627
23,693
27,196
3,089
870
990
1,167
1,258
1,392
1,835
2,036
2,260
2,758
29,115
32,990
3,131
3,702
1970-Apr.............................................
May.............................................
June...........................................
July...........................................
Aug.............................................
Sept...........................................
Oct.............................................
Nov; ...........................................
Dec................ ...........................
1971-Jan.............................................
Feb.............................................
Mar.............................................
3,101
3,674
3,120
2,140
3,435
2,076
1,810
2,628
2,705
1,837
3,879
2,747
3,051
2,807
2,593
2,124
2,493
2,101
1,788
1,930
1,627
1,798
3,230
2,804
22
832
-42
5
902
-36
-16
657
-31
26
Fiscal 1971 to date.........................
23,257
19,895
6,590
539
512
539
583
588
725
900
1,013
1,349
1,613
1,885
70,283
13,279
14,531
15,284
15,965
18,770
19,729 2 /
21,624 1/
24,690
27,320
67,315
12,666
13,846
14,578
15,229
18,072
18,887
20,737
23,732
26,266
1,057
361
423
403
436
444
508
438
# 491
579
30,965
32,248
29,-817
31,026
605
674
-68
29
35
569
11
40
11
38
41
660
14
39
10
3,080
2,460
3,050
2,445
2,482
2,497
2,520
2,468
2,545
2,537
2,548
2,576
3,040
2,408
2,414
2,423
2,436
2,452
2,467
2,452
2,479
2,470
2,511
2,541
2,049
864
22,617
22,232
610
Expenditures etc. - (Continued)
Fiscal year
or month
1937-61.
1962....
1963....
1964....
1965___
1966....
1967....
1968....
1969....
1970....
1971 (E st.).
1972 (E st.).
1970-Apr..
May..
June.
July.
Aug..
Sept.
Oct..
Nov..
Dec..
1971-Jan..
Feb..
Mar..
Construc
tion 8/
28
3
2
3
*
2
1
3
7
1
Administrative expenses
Reimbursement Bureau of Reimburesment to or
from (-) FDI, FHI,
to general
QASI 10/ and FSM Trust Funds
I
fund 2 /______
587
-89
1,385
-60
45
263
48
275
-63
52
312
-64
52
322
-75
50
-241
443
290
57
-14
32
60
354
59
403
-4
412
73
-13
68
467
469
7
10
IP
5
5
6
7
5
5
Expenditures other than investments
Payments to Rail
Benefit
road Retirement
Total 5/
payments
Accounts 6/
33
42
51
17
39
38
46
10
61
62
30
29
50
333
Fiscal 1971 to date.
Source:
See Table FF0-1.
1 / Includes transactions under the predecessor Old-Age Reserve Account.
2/ Total includes: $15 million transferred from general fund for
administrative and other costs o f benefits payable to survivors of
certain World W II Veterans (60 Stat. 979 and 64 Stat. 512); $35
ar
million (1937-59), paid from the Railroad Retirement Account; begin
ning November 1951, small amounts in the nature o f recoveries from
expenditures incidental to the operations; beginning 1958, interest
payments from Federal Disability Insurance Trust Fund and sale of
waste paper; $78 million for each FY 1967 and 1968, $156 million
FY 1969, $78 Million FY 1970, $78 million December 1970 for militaiy
service credits; and $226 million for FY 1969, $364 million FY 1970,
and $371 million December 1970 for benefits for the aged. Estimates
include $78 million FY 1971, #137 million FY 1972 for military
service credits, #371 million FY 1971, and #351 million FY 1972 for
benefits for the aged'.
y
Includes unappropriated receipts from January 1962 to June 1965.
4 / To cover employees of States and their p olitical subdivisions, under
Net increase,
or decrease >
.
( - ) , in
assets
_
-
579
_
-
_
_
-
_
_
-
Assets, end of period
Total
Investments
Unexpended
balance
y
20,930
-1,268
-675
759
451
-309
3,642
2,017
2,657
4,426
20,930
19,662
18,987
19,746
20,198
19,889
23,531
25,548
28,205
32.631
3,343
6,817
35,974
42,791
21
1,214
70
-305
954
-421
-710
159
160
-700
1,331
171
31,347
32,561
32.631
32,326
33,280
32,859
32,149
32,308
32,468
31,768
33,099
33.270
19,553
18,456
17,633
18,325
18,783
17,925
21,780
23,250
26,235
30,121
33,381
40,125
1,377
1,206
1,354
1,421
1,415
1,964
1,751
2,298
1,971
2.509
28,594
29,450
30,121
2',753
3,112
2.509
2,530
2,655
2,729
2,644
2,823
2,519
2,538
3,420
2.513
29,796
30,625
30,130
29,505
29,485
29,949
29,231
29,680
30,757
2,593
2,665
33.270
639
30,757
2.513
the Social Security Act Amendments o f 1950 (42 U.S.C. 418).
Includes payments for vocational rehabilitation services to Federal
y
Disability Insurance Trust Fund and Social Rehabilitation Service.
See Table GA-IV-5, footnote 3.
K Excludes transactions for investments in non-Federal securities.
8/ Construction and equipment o f office buildings for the Bureau
(Public Law 170, approved July 31, 1953 (67 Stat. 254)).
2 / Under the Social Security Act, as amended (42 U.S.C. 401 (g )(1 )), for
administration of Titles IP and VII of that act and related parts of
the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432). See also
footnote 10.
IQ/ Salaries and expenses of the Bureau of Old-Age and Survivors Insurance
are paid directly from the trust fund beginning 1947, under provisions
of annual appropriation acts until passage o f the Social Security Act
Amendments of 1956 (42 U.S.C. 401 (g )(1 )), previously these expenses
were included in reimbursements to the general fund. Beginning
July 1966 payments of salaries and expenses for the Social Security
Administration are charged directly to each trust fund.
Less than #500,000.
Treasury Bulletin
124
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND w ram a
Section IV - Trust Funds
Table GA-IV-2. - Federal Disability Insurance Trust Fund
(In millions of dollars)
Expenditures other than investments
Receipts
Fiscal year
or month
Total
1/
1957-61.
1962....
1963....
1964....
1965....
1966....
1967....
1968....
1969....
1970....
1971 (Est.).
1972 (E st.).
4,355 2 /
1,092
1,145
1,211
1,241
1,616
2,332
2,800
3,705
4,380
1970-Apr....
May....
June...
July...
Aug....
Sept.*.
O ct....
Nov....
D ec....
1971-Ja n
Feb___
Mar... .
Appro
priations
2/
454
524
512
4,960
5,442
321
480
244
280
374
486
254
500
418
Depos
its by
States
y
Interest
and pro
fits on
invest
ments
4
3,915
945
994
1,057
1,082
1,442
2,066
2,496
3,195
3,770
4,162
4,480
252
77
82
86
93
114
183
203
337
371
456
503
160
70
70
68
65
60
66
84
141
223
326
409
1,850
1,089
1,259
1,339
1,498
1,937
1,997 8 /
2,237 8/
2,613
2,954
3,453
3,652
446
417
386
320
376
222
269
292
315
253
5
104
122
*
99
20
9
79
16
*
48
37
3
4
104
1
6
2
2
3
139
1
6
1
328
270
277
271
446
380
Payments
to
Railroad
Retirement
Accounts y
Benefit
pay
ments
Total
5
11
20
19
24
25
31
20
21
10
12
14
1,739
1,011
1,171
1,249
1,392
1,721
1,861
2,088
2,443
2,778
3,231
3,416
313
255
255
259
264
262
265
262
271
272
275
280
276
281
278
277
293
286
299
298
Fiscal 1971
162
308
2,559
3,358
2,873
to date. .. . . . •
Source: See Table FF0-1.
1/ Includes payments for military service credits as follows: $16 million FI 1967, FY 1968, $32 million FY 1969, $16 million FY 1970 and
$16 million December 1970. Estimates are $16 million for FY 1971
and $50 million for FY 1975.
2J Includes unappropriated receipts from January 1962 to June 1965.
To cover employees of States and their p olitical subdivisions under
the Social Security Act (42 U.S.C. 418).
A/ Includes payments for Vocational Rehabilitation Services beginning
M 1966 and construction and equipment of building. Estimates
ay
include $22 million FY 1971, $25 million FY 1972 for Vocational
Rehabilitation Service; $2 million FY 1971 and FY 1972 for con-
10
2,409
jj/
6/
y
2/
8/
*
Administrative:
Reimbursement to
SSA
General
Trust
fund
Funds 6 /
91
62
65
66
78
184
93
105
124
138
Net
in
crease,
or de
crease
( - ) , in
assets
Assets, end of period
U
n
expended
balance
2/
186
194
12
13
8
11
11
16
11
13
20
12
23
17
2,505
3
-114
-128
-257
-321
335
564
1,092
1,426
1,507
1,790
2,505
2,508
2,394
2,266
2,009
1,688
2,024
2,587
3,679
5.105
6,712
8,402
2,386
2,406
2,278
2,141
1,878
1,465
1.835
2,351
3,492
4.835
6,308
8,082
119
102
116
125
131
224
189
236
187
270
126
254
235
50
205
-37
2
98
193
-32
201
120
14
Total
Invest
ments
4.616
4,870
5.105
5,155
5,359
5,323
5,325
5,422
5.616
5,584
5,785
5.905
4,324
4,534
4.835
4,897
5,091
5,028
5,040
5,116
5,346
5,303
5,377
5.639
292
336
270
259
269
295
285
306
270
281
409
266
304
320
133
800
5.905
5.639
266
struction and equipment of buildings.
See Table GA-IV-5, footnote 3.
For appropriate share of administrative expenses, including interest,
paid from the trust fund during the preceding fisca l year as deter
mined by the Secretary of Health, Education, and Welfare (42 U.S.C.
401) (g) ( l ) ) . Beginning July 1966 Monthly reimbursements are paid
to the Social Security Administration to cover salaries and expenses
instead of the semi-annual reimbursement to F0ASI.
Includes $27 million paid from Railroad Retirement Accounts in FY
I960.
Excludes transactions for investments in non-Federal securities.
Less than $500,000.
Table GA-IV-3. - Federal Hospital Insurance Trust Funds
(In millions of dollars)
7
46
60
96
137
349
410
295
294
317
252
274
487
411
874
551
_
874
_
-
47
206
279
426
445
498
548
7
113
24
*
107
22
10
86
17
*
53
40
2
1
1
2
3
74
2
1
*
Net
in
crease,
AdminisBenefit !trative Construc or de
Total
crease
payments expenses tion
( - ) , in
assets
_
_
64
851
64
_
2,508
2,597 y
492
89
_
3,736
3,815 y
79
87
_
4,758
586
4,654
104
148
661
1
4,953
4,804
5,820
148
1
5,970 y
87
6,690
160
-752
1
6,853
11
449
439
15
*
428
12
440
135
*
426
n2
445
19
10
-90
441
431
428
418
11
156
-121
439
15
423
438
-142
11
449
*
12
417
429
-23
*
470
746
457
14
12
-187
463
451
10
446
436
95
*
-101
552
536
15
3,089
874
336
85
4,117
Receipts
Fiscal year
or month
1966.........................
1967.........................
1968.........................
1969.........................
1970.........................
1971 (E st.).............
1972 (E st.).............
1970-Apr..................
May..................
June................
July................
Aug..................
Sept................
Oct..................
Nov..................
Dec..................
1971-Jan..................
Feb..................
Mar..................
Fiscal 1971
to date.................. -
Total 1 / 2 / Appro
priations
Federal
payment
y
916
3,089
3,902
5,344
5,614
6,057
6,101
464
575
516
351
584
318
306
406
1,217
276
541
451
862
2,483
3,235
3,997
4,340
_
338
2*4
4,456
4,801
456
460
427
4,450
171
628
Expenditures other than investments
Interest
Deposits and pro
fits on
hy
States
invest
ments
165
137
2
1
66
Source:
See Table FF0-1.
1/
Includes nominal amounts of other receipts.
2/
Bicludes receipts and interest from Railroad Retirement Account - net
settlement of $16 million FY 1967, $44 million FY 1968, $54 million
FY 1969, $64 million FY 19^0, and $66 million in August 1970.
Estimates are $64 million FY 1971 and $63 million FY 1972.
y
Represents payments for military service credits of $11 million for
each FY 1967 and 1968, $22 million FY 1969, $11 million FY 1970 and
December 1970; and payment for transitional coverage for the uninsured
y
4,006
111
*
332
Assets, end of period
Total
851
1,343
1,431
2,017
2,677
Invest
ments
U
n
expended
balance
2,587
2,743
2,622
2,479
2,456
3,202
3,015
3,110
3,010
786
1,298
1,370
2,001
2,653
2,751
1,997
2,477
2,478
2,653
2,549
2,640
2,653
2,469
2,374
3,163
3,107
3,093
3,031
65
45
60
15
24
13
15
-6
128
24
38
102
-32
10
82
39
-92
17
-21
3,010
3,031
-21
2,764
2,012
2^471
2,606
2,677
of $327 million FY 1967, $273 million FY 1968, $749 million FY 1969,
$617 million FY 197Q and $863 million December 1970. Estimates are
$863 million FY 1971 and $503 million FY 1972 for transitional coverage; $11 million FY 1971 and $48 million FY 1972 for military service
credits.
U Excludes transactions for investment in non-Federal securities.
j>/ Includes Payments for incentive reimbursement experimentation of $1
million FY 1971 and $2 million FY 1972.
* Less than $500,000.
r Revised.
M a y 1971
OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
e t m a m p i .
m
Section IV - Trust Funds
Table GA-IV-4. - Federal Supplementary Medical Insurance Trust Fund
(in millions o f dollars)
Expenditures other than investments
Receipts
Fiscal year
or month
Total 1/
Federal
contri
butions
Premiums
Interest
and pro
fit s on
invest
ments
134
143
195
_
-
216
1
2,315
2,573
2,070
2,300
243
271
1
1
196
171
83
73
67
*
186
168
2
1
175
179
155
152
18
20
106
*
98
104
1
168
192
151
173
191
165
191
187
171
171
174
140
1,285
1,353
1,9H
698
623
634
984
15
1,876
903
936
928
2,511
2,744
1,255
1,347
1970-Apr...........................
May.......................
165
148
152
81
73
83
July.........................
. Aug...........................
Sept.........................
212
195
214
105
96
Nov...........................
Dec...........................
216
200
212
110
106
101
102
222
110
111
193
96
4
l
*
l
9
23
*
*
110
98
220
112
97
107
938
189
1
106
1,884
Fiscal 1971
20
937
160
186
165
225
1,689
_
Invest
ments
486
307
378
57
254
425
-321
11
21
Total
486
-179
71
12
664
1,390
1,645
1,979
1,245
1,376
647
799
1,532
1,840
2,196
1967..................................
1968..................................
1969..................................
1970..................................
1971 (E st.)......................
1972 (E st.)......................
Feb...........................
Mar...........................
Benefit
payments
Total
Assets, end of period
Net
increase,
or de
Adminis Construc crease
trative
tion
( - ) , in
expenses
assets
U
n
expended
balances
479
7
25
281
358
13
44
232
21
402
23
20
*
*
26
18
21
13
88
85
57
44
13
25
4l
44
43
3
24
101
58
42
24
9
25
103
127
155
163
80
105
*
*
17
19
112
_
-
27
-21
-28
-28
28
22
140
134
134
188
l4
30
54
*
243
10
1,509
Source:
See Table FFO-1.
1/ Includes nominal amounts o f other receipts*
7
-5
250
258
252
34
*
216
263
199
20
21
26
180
*
195
252
243
10
.
-
62
-5
Less than $500,000.
Table GA-IV-5. - Railroad Retirement Accounts
(In millions o f dollars)
Receipts
Fiscal year
or month
1936-61.............
1962..................
1963..................
1964..................
1965..................
1966..................
1967..................
1968..................
1969..................
1970..................
1971 (E s t .)....
1972 (E st.)___
1970-Apr...........
M
ay...........
June.........
July.........
Aug...........
Sept.........
Oct...........
Nov...........
Dec...........
1971-Jan...........
Feb...........
Mar...........
Fiscal 1971
Total
1/
13,248
1,081
1,128
1,192
1,342
1,411
Interest
Appro
and pro
priations fit s on
invest
2/
ments
10,732
564
572
593
1,338
107
105
130
Expenditures other than investments
From FOASI
and FDI
trust
funds 3/
From
Unemploy
ment
Trust
Fund 4/
1,062
116
372
442
422
459
469
539
37
9
47
90
92
Total
5/
9,407
1,135
1,112
1,139
1,185
1,246
1,315
1,436
1,595
Benefit
payments
8,944
1,024
1,064
1,092
1,116
636
683
143
793
8l4
163
178
458
885
919
974
192
212
513
589
92
78
84
248
1,934
981
1,865
265
617
688
80
2,028
73
1,928
1,860
15
ll
154
87
149
144
136
136
2
11
1
1,6 11
1,560
1,686
1,823
1,939
166
849
11
118
108
11
174
201
9
107
87
150
100
1,653
4
_
_
152
12
-
-
143
589
24
143
-
-
140
4
7
164
84
10
-
20
-
143
138
247
158
96
-
21
27
183
5
2
-
-
168
-
-
106
15
162
160
87
2
-
18
939
718
142
59
-
Source: See Table FF0-1.
1/ Includes payment for military service credits beginning fisca l 1965.
2/ Includes the Government*s contribution for creditable military service
(45 U.S.C. 228c-l (n)) through fis ca l 1964 and unappropriatedtrans
fers o f tax receipts and beginning FY 1968 includes transfers of
receipts to Federal Hospital Insurance trust fund o f $44 million FY
1968, $54 million FY 1969, $6l million FY 1970, and $63 million
August 1970.
3/ Payments are m
ade between the Railroad Retirement Account and Federal
old-age and survivors and Federal disability so as to place those funds
in the position in which they would have been i f railroad employment
156
1,194
1,257
1,388
1,533
1,586
To
Unemploy
ment
Trust
Fund 4/
316
101
38
35
58
4l
29
35
47
45
45
45
85
9
10
11
10
12
13
14
15
16
19
18
7
l
2
1
2
238
8
6
5
-
-
8
157
152
152
155
1,462
1,411
36
7
Total
Invest
ments
2
1
1
l
2
2
2
2
2
14
3,842
-54
U
n
expended
balance
u
y
6
136
137
137
151
154
Assets, end o f period
Net
increase,
Adminis- or de
strative crease
( - ) , in
expenses assets
3,842
3,788
3,805
3,859
4,016
4 ,l8 l
4,477
4,601
4,692
4,863
4,868
4,968
3,760
3,697
3,697
3,766
3,916
4,070
4,357
4,427
4,498
4,724
174
194
138
4,717
4,815
151
153
-137
23
4,134
4,157
4,863
3,996
4,006
4,724
138
151
138
-129
-25
-30
4,610
4,568
4,530
4,294
4,287
4,349
4,217
4,226
4,196
123
140
149
148
171
154
-51
4,733
4,708
4,678
4,442
4,458
4,503
4,368
4,391
4,340
-523
4,340
4,196
144
16
54
157
165
296
125
92
170
5
100
706
-236
16
45
-134
22
82
91
108
93
100
112
120
152
165
144
after 1936 had been included in social security coverage (45 U.S.C.
228e (K)). See Tables GA-IV-1 and GA-IV-2.
4 / See Table GA-IV-6 . Receipts include repayment and interest.
5 / Includes $62 million ( 1936- 60), paid to Federal old-age and survivors
and disability insurance trust funds and $16 million FY 1967 to
Federal Hospital Insurance Trust Fund; beginning FY 1968 excludes
transactions for investments in non-Federal securities; and beginning
FY 1970 includes $5 million paid to Railroad Unemployment Trust Fund.
6/ Paid from the trust fund beginning 1950 (63 Stat. 297).
7/ Includes unappropriated receipts.
Treasury Bulletin
126
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS.
Section IV - Trust Funds
Table QA-IV-6. - Unemployment Trust Fund
(in millions of dollars.)
Expenditures other
Receipts
Railroad unemployment insurance
Employment security program
State
accounts
1/
Fiscal year
Total
Employment Security
Administration
Federal
U
n
employ
ment
Advances
Account
from
Deposits Approgeneral Board
by
y
fund
States
3/
Railroad Unemployment
Insurance Account 6/
Compen
sation
Account
5/
498
333
2
Interest
and
profits
Deposits
Deposits on
fcy
invest
by
Railroad Railroad
Retire Retire Genera] Railroad ments
ment
RGi)ir6M
ment
ment
accounts Accounts fund
board
8/
7/
1,672
147
150
144
143
139
137
131
123
316
101
38
35
58
4l
29
35
47
45
125
122
45
45
7
6
4
1
2
27
26
*
2
5
51
35
196 8
3,822
196 9
197 0
3,899
4,11912/
1971 (Est.) .............
1972 (E st.).............
4,344
5,008
2,700
3,200
776
858
-
1970-Apr..........
M ..........
ay
June..........
256
39
71
-
31022/f
194
784
37
191
617
79
137
425.
369
210
607
81
158
535
22
86
331
24
53
225
40
42
3
20
31
5
111
490
12
2,717
1,473
741
196 4
196 5
196 6
O CVICOCOCOCOCVICVICVICM
CN
'
196 7
37,72210/
3,985
4,261
4,288
4,132
4,126
4,072
1936-61....................
1962.........................
196 3
886
Aug..........
Sept.........
Oct..........
Bov..................
Dec..................
1971-Jan......... .
Feb..................
Mar..................
Fiscal 1971
to date.
34411/
453
945
847
615
-82
-4
*
*
561
597
601
633
770
126
-
-
.
_
_
_
_
7
_
_
_
18
8
8
12
10
9
9
9
8
8
3,513
173
191
213
255
309
384
442
523
604
8
8
*
*
-
*
2,061
2,793
588
624
690
775
6,040
5,265
5,080
4,270
743
806
17
23
235
4
25
4
384
340
415
308
281
305
64
50
77
309
321
303
347
471
612
530
623
70
71
12
59
61
64
45
70
75
3,805
526
21
265
4
28
4
6
-
-
8
7
_
_
_
370
4,496
16
*
_
90
2,865
3,634
389
402
332
373
417
566
672
615
731
1
1
-
-
11
19
*
5
24
Employ
ment
State
accounts Security
Adminis
Total
1/
tration
Account
With2/
drawals
Grants
by
to
states
States
28,649
375
468
2,819
2,810
336
3,819
3,698
413
2,703
3,130
2,390
399
1,974
2,687
477
540
2,001
2 , 75511 /
2,074
2,830
552
1
1
*
*
2
.
8
6
*
24
55
33
-147
13
7
-1
2
10
21
_
_
30
Employment
Security program
Adminis
tration
fund 2/
36
Expenditures other than investments - (Continued)
Railroad unemployment insurance
Railroad Unemployment
Federal Extended
Employment Security Adminis
Adminis
Insurance Account 6/
Compensation Account 5/
tration Account - (Continued).
tration
fund
Repayment of
Payments to
2/
general fund
Temporary Repay
advances to Tempo
Reim
Salaries extended ment of bursement Benefit rary
Admin
Railroad
advances to State pay
compen
and
extended Retire
Reimburse Inter
istra
from
expenses sation
accounts ments benefit ment
General tive
ments and est on
payments general 1/
payments Accounts fund
recoveries advances
ex
fund
penses
U/
w
Assets, end
o f period
Employment security program - (Continued)
Fiscal year
or month
_
466
325
*
-
1936-61.........
1962..............
1963..............
1964..............
1965..............
1966...............
1967- .............
1968...............
1969...............
1970...............
1971 (E st.)..
1972-(E st.)..
55
112
30
14
9
10
11
10
11
3
3
3
2
2
4
4
4
5
3
3
1970^Apr.......
May.......
June....
*
*
*
*
*
*
2
2
1
_
-
-
J u ly ....
Aug........
Sept....
Oct.......
Nov........
Dec.......
*
*
*
*
*
*
*
*
*
*
*
*
3
2
2
2
*
1
_
_
1971-Jan.......
Feb.......
Mar.......
3
3
3
*
2
*
3
2
2
_
-
_
_
_
-
6
38
2
*
_
_
_
_
-
Fiscal 1971
to date.......
11
2
17
-
-
-
5
5
6
3
Footnotes at end .of Table GA-IV-7.
8
10
12
13
13
17
18
18
21
18
24
481
304
-15
-2
*
*
*
*
_
-
-
9
*
*
_
-
118
37
9
47
90
92
100
92
78
84
80
73
_
2
10
7
_
_
-
28
9
9
9
_
24
_
20
21
_
18
_
_
-
1
1
*
9
8
9
.
_
-•
_
-
1
1
*
1
1
1
1
1
1
71
-
59
-
6
2,186
202
167
134
115
88
71
76
97
93
92
95
9
7
7
6
8
8
8
8
8
10
289
Net
increase
or
decrease
( - ) , in
assets
5,748
79
442
590
8
1,002
7
6
7
6
6
8
7
1,439
1,318
992
1,034
485
-1,696
-257
Total
5,756 15/
5,835
6,277
6,867
7,870
9,308
10,626
11,618
12,652
13,137
11,441
11,184
Invest
ments
5,720
5,792
6,245
6,827
7,794
Unex
pended
balance
10,531
11,563
12,587
13,008
11,365
11,099
36 26/
43
32
40
76
47
95
55
65
129
76
85
12,576
13,231
13,008
120
11
129
9,262
-128
12,696
545
-105
13,242
13,137
-198
214
-252
-235
8
-197
-462
-8
-650
12,939
13,154
12,902
12,666
12,675
12,478
12,016
12,008
11,358
12,763
13,110
12,559
12,604
12,441
11,871
11,994
11,313
177
43
102
107
71
37
145
14
46
-1,779
11,358
11,313
46
12,800
M ay 79 7/
127
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS,
Section IV - Trust Funds
Table G A -IV -7. - National Service Life Insurance Fund
(In millions of dollars)
Receipts
Fiscal year
or month
Total
Premiums and
other receipts
Transfers from Interest and
general and
profits onspecial funds
investments
1941-61......................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
1968...........................
1969...........................
1970...........................
1971 (E st.)...............
1972 (E st.)...............
16,916
664
658
661
662
693
693
693
708
711
757
790
9,396
483
477
478
473
497
487
476
478
463
478
494
4,734
7
1970-Apr....................
May....................
June..................
July..................
Aug....................
Sept
O c t ................
41
37
258
39
36
44
40
37
37
39
35
39
39
41
44
*
*
*
*
*
*
*
*
*
*
*
*
43
46
38
40
36
160
6
6
2,786
174
175
176
7
5
182
6
200
211
5
6
3
4
4
191
225
245
275
293
•Expenditures other
than investments
(benefits, refunds,
and dividends)
11,143
626
747
585
545
485
729 1 /
546 1 /
627
685
720
742
63
50
57
65
48
59
54
42
59
52
54
67
2
*
214
3
8
*
1
*
121
Dec......... .........
3
Jan....................
41
8
50
Feb....................
*
Mar....................
45
Fiscal 1971
2
499
352
144
td date....................
Source; See Table FFO-1.
Note: This fund was established by the National Service Life Insurance
Act of 194-0 (38 U.S.C. 720).
I
‘
Net increase,
or decrease
( - ) , in
assets
5,773
38
-89
75
117
208
-36
147
82
26
37
48
-22
-14
202
-22
-2
-21
Assets, end of period
Total
5,773
5,811
5,721
5,797
5,914
6,122
6,086
6,233
6,315
6,341
6,379
6,427
6,153
6,139
6,341
6,319
6,316
-10
6,295
6,281
6,274
6,375
6,365
-4
6,360
-14
-6
101
-22
6,338
Invest
ments
Unexpended
balance
5,759
5,804
5,714
5,783
5,909
6,113
6,079
6,228
14
7
7
14
5
9
7
4
13
6,301
6,320
6,357
6,406
6,146
6,132
6,320
6,311
6,297
6,286
6,273
6,258
6,366
6,355
6,347
6,330
21
22
21
7
7
21
8
20
9
7
17
9
9
13
7
502
6,330
7
*3
X'/ "^® ^^s^raii^iction^Tor,,,^ ^ s !taient^Tn^^7eders3!^ecur^ie^
* Less than $500,000.
Footnotes to Table GA-IV-6
Source: See Table FFO-1.
State unemployment funds; used for benefit payments. For the period
August 1961 to February 1964., withdrawals by States were reduced by
reimbursements to State accounts from the Federal Extended Compensation
Account.
2/ Established by the Employment Security Act of I960, approved September 13,
i 960 ( k2 U.S.C. 1101 (a)), into which are deposited tax receipts
transferred in accordance with the act and from which are paid the
administrative expenses of the employment security program and
reimbursement for tax refunds. Receipts consist of appropriated and
unappropriated transfers of tax collections.
2/ Net of repayments.
i j Amounts represent excess of collections from Federal unemployment tax
over expenditures for benefits and administrative expenses which excess
was appropriated from the general fund to this account, (includes
amounts appropriated to the State Unemployment Accounts). Beginning
1961 , such excess is transferred between book accounts within the
Unemployment Trust Fund.
j>/ Established by the act approved March 24., 1961 ( 4.2 U.S.C. 1105 (a)),
which provides for a temporary program of extended unemployment
compensation payments.
6/ For payment of benefits and refunds (45 U.S.C. 360). Figures exclude
interim advance of $15 million from the Treasury and subsequent repay
ment, both in 194- .
0
2/ Contributions under the Railroad Unemployment Insurance Act of 1938,
as amended (4-5 U.S.C. 360 (a )), in excess of the amount specified for
administrative expenses. Through 1957, also' includes transfers from
the administration fund of excess amounts over the specified balance
(4.5 U.S.C. 361 (d )).
8/
2/
10/
11/
12/
13/
14/
15/
16/
*
Temporary advances are made when the balance in the Railroad Unemploy
ment Insurance Account is insufficient to meet payments of benefits
and refunds due or to become due. Whenever the balance is sufficient
to pay such benefits and refund, repayments are made, plus interest
ay
at 3% per annum, pursuant to an act approved M 19, 1959 (45 U.S.C.
360 (d))
Consis.ts of specified proportion of contributions deposited in the
fund to be available for administrative expenses. The Railroad Un
employment Insurance Administration Fund was established in the Unemployment Trust Fund pursuant to the amending act of September 6,
1958; before that the administration fund was a separate trust fund
(45 U.S.C. 361).
Total includes $107 million transferred from State accounts to the
Railroad Unemployment Insurance Account in connection with its
establishment ( 4.5 U.S.C.363). Beginning fisca l 1961 refunds of taxes
(principal only) are reported as deductions from receipts. Interest
paid on refunds of taxes is included under expenditures. See foot
note 13.
Beginning FY 1967 excludes transactions for investments of non-Federal
securities.
Includes $5 million from Railroad Retirement Unemployment Insurance
Account.
Includes interest on refunds of taxes.
Includes interest.
Includes an adjustment of $7 million pursuant to the act of September
6, 1958 (45 U.S.C. 361 (a )).
Includes unappropriated receipts beginning September 1960.
Less than $500,000.
Treasury Bulletin
128
FTN AN PTAT
OPERATIONS OF GOVERNMENT AGENCIES AND
BTTTJnfi
Section IV - Trust Funds
Table G A -IV-8. - Investments of Specified Trust Accounts in Public Debt Securities
and Agency Securities by Issues, as of March 31, 1971
(In millions of dollars)
Issue
date
Description of securities
Public debt securities:
Public issues:
Notes:
4-3A *
5-1/4
5-3/4
6
6-1/4
6-1/2
7-1/2
8
7-3/4
6-1/1*
Bonds:
2-1/2*
it
If
4
4-1/8
4-1/8
4-1/4
3-7/8
**-lA
3 -lA
If
3-1/2
3-1/4
U-l/lf
4
4-1/8
3-1/2
3
3-1/2
2-3/4 (investment Series B)
Total public issues..
Special issues:
Certificates:
5-1/2*
7-3/4
7-1/2
7-3/8
7 -lA
7-1/2
7-3/8
7 -lA
7-5/8
7
6-1/8
6-1/8
6
7
5-7/8
5-5/8
5-7/8
5-5/8
5-3/8
5 -lA
5-3/8
5-3/4
5-3/8
Notes:
4-3/4*
5-5/8
5-3/4
6-1/2
7-5/8
7-3/4
Bonds:
2-5/8*
If
3-3/4
2-5/8
3-3A
3-7/8
3-7/8
4-1/8
4-1/8
4-1/8
Total special issues.
5/15/72-B
5/15/71-A
2/15/75
5/15/75
2/15/76-A
5/15/76
8/15/76
2/15/77
8/15/77-B
2/15/78
5/ 15/67
8/ 15/66
2/ 15/68
5/ 15/68
2/ 15/69
5/ 15/69
10/ 1/69
2/ 15/70
8/ 15/70
9/15/67-72
8/15/71
8/15/72
8/15/73
11/15/73
2/15/74
5/15/74
11/15/74
5/15/75-85
6/15/78-83
2/15/80
11/15/80
5/15/85
8/15/87-92
2/15/88-93
5/15/89-94
2/15/90
2/15/95
11/15/98
4/1/75-80
10/20/lfl
3/ 1/62
9/ 15/62
9/15/63
7/22/61f
1/15/65
5/15/64
12/2/57
V5/60
5/1/53
1/23/59
10/ 3/60
6/3/58
8/15/62
1/17/63
4/ 18/63
2/14/58
2/15/55
10/ 3/60
lt/l/51
2/15/71
Federal Old-Age
and Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
7
17
5
22
90
15
-
Federal
Supplementary
Medical
Insurance
Trust Fund
Railroad
Retirement
Accounts
-
26
10
14
2
-
20
14
7
51
89
35
86
192
68
32
3
19
1
37
134
3
50
-
8
34
157
47
-
10
46
48
9
127
3
126
106
6
7
14
6
13
39
3
32
-
174
113
43
745
-
793
2,257
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
6/30/74
6/30/75
6/30/75
6/ 30/76
6/ 30/77
6/30/77
6/30/72 to 75
6/30/77 and 78
6/30/74 to 77
6/30/74 and 75
6/30/75 and 76
6/ 30/77 and 78
6/30/78
6/30/78 to 80
6/30/79 and 80
6/30/77 to 80
6/30/70
6/30/70
7/1/70
8/1/70
9/1/7°
7/6/70
8/4/70
9/ 6/70
7/ 16/70
10/4/70
12/5/70
12/1/70
12/ 18/70
11/17/70
2/1/71
3/1/71
2/ 3/71
3/4/71
2/7/71
3/3/71
3/3/71
2/15/71
3/18/71
10
1
1
1
8,665
6/30/67
6/ 30/68
6/30/68
6/ 30/69
6/30/70
6/30/70
from
from
from
from
from
from
6/30/59
10/5/63
6/ 30/61
6/30/59
6/ 30/61
6/30/63
6/30/63
6/30/64
6/30/64
6/30/64
68
10
5
-
3,522
6/30/71
6/30/71
6/30/71
6/30/71
6/ 30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/30/71
6/ 30/71
6/ 30/71
6/30/71
6/30/71
6/30/71
6/30/71
33
91
556
70
552
1,065
-
315
-
513
776
484
68
63
34
142
157
io4
1,078
262
732
135
45
-
15
48
19
21.
87
13
37
-
309
584
1,152
1,394
-
4oo
-
_
-
729
-
919
-
3
-
847
4,160
-
-
-
-
-
309
349
208
-
1,240
1,738
-
-
-
-
-
154
-
-
279
-
-
-
62
6
24
78
60
153
449
26
-
2,720
2,461
3,845
5,033
-
2,582
-
Unemployment
Trust Fund
-
10
4
-
*
100
38
-
Federal
Hospital
Insurance
Trust Fund
2
16
-
10
5
21
-
30
-
81
-
32
99
l
9
409
483
648
-
-
16
33
53
53
l4
106
18
-
213
47
_
-
_
_
-
-
-
-
-
463
-
26,630
5,259
2,961
243
3,313
8,925
(Continued on following page)
May 19 7 1
129
______________________ FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS,
Section IV - Trust Funds
Table GA-IV-8. - Investments of Specified Tru st Accounts in Public Debt Securities
and Agency Securities by Issues, as of March 31, 1971 - (Continued)
(in millions of dollars)
Issue
date
Description of securities
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
V6/87
12/ 11/87
2/ 1/88
V8/88
8/12/88
Total participation certificates.........
Total.............................................
Source:
Bureau of Accounts.
4/8/68
1/19/67
1/19/67
1/19/67
6/29/67
4/5/67
12/11/67
1/30/68
4/8/68
8/12/68
230
0 1 10 1 1 1 1 1 1
i\
r
V 8/71
1 / 19/72
1 / 19/77
1 / 19/82
6/ 29/72
605
65
70
-
90
130
30,757
5,639
3,031
243
4,196
11,313
100
50
50
75
65
35
40
o
j
Participation certificates:
6.30#
5.20
5.20
5.20
5-1/2
5.10
6.40
6.05
6.45
6.20
VI
J
H
1 1 1 1 1 0 1 1 1 VI
J
Agency securities:
* Less than #500,000.
30
100
50
-
Treasury Bulletin
130
C U M U L A T IV E T A B L E OF C O N T E N T S
June 1970 through May 1971
Issue and page number
1970
June
July
Aug.
Article:
Treasury financing operations.......................
II
II
II
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
1
2
4
5
7
8
1
2
4
5
7
8
10
11
10
11
1971
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
II
II
II
II
II
II
II
II
II
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
1
2
4
5
7
8
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
10
11
12
13
...
*12
•••
•••
Sept.
Trust funds transactions...........................
Accountability of the Treasurer of the U.S. on an
accounting basis.................................
.
Detail of excise tax receipts.......................
Summary of internal revenue collections by States,
calendar year 1969...............................
.••
...
• ••
...
...
...
Federal obligations.................................
15
13
13
15
13
13
18
19
16
17
16
17
18
19
16
17
20
20
18
18
18
18
20
20
21
19
19
21
22
20
20
22
23
20
21
23
24
Account of the Treasurer of the United States:
Status of the Account of the Treasurer of the United
States..........................................
Analysis of changes in tax and loan account balances....
Summary of cash transactions through the Account of the
Trearurer of the United States.....................
Gold assets and liabilities of the Treasury..........
Monetary statistics:
Money in circulation...............................
Federal debt:
Summary of Federal debt............................
Computed interest charge and computed interest rate on
interest-bearing public debt.......................
Interest-bearing public debt.........*.............
Maturity distribution and average length of marketable
interest-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 " y Government
b
corporations and other agencies....................
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 in advance
refunding operations..............................
Unmatured marketable securities issued at a premium
or discount other than advance refunding operations....
Allotments by investor classes on subscriptions for
public marketable securities.......................
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 savings bonds....
Sales and redemptions by denominations, Series E and H
combined........................................
Sales by States, Series E and H combined.............
United States savings notes:
Sales and redemptions by periods....................
12
*12
May
•••
16
• ••
• ••
• ••
• ••
•••
13
13
15
13
13
19
20
19
20
16
17
16
17
18
19
16
17
16
17
18
18
21
21
21
21
18
18
18
18
20
20
18
18
18
18
19
22
22
19
19
21
19
19
22
20
23
23
20
20
22
20
20
20
20
22
23
20
21
23
24
23
24
20
21
20
21
22
23
20
21
20
21
21
22
21
22
23
24
21
22
24
25
24
25
21
22
21
22
23
24
21
22
21
22
25
26
27
28
23
24
25
26
23
24
25
26
25
26
27
28
23
24
25
26
26
27
28
29
26
27
28
29
23
24
25
26
23
24
25
26
25
26
27
28
23
24
25
26
23
24
25
26
29
27
27
29
27
30
30
27
27
29
27
27
30
31
28
29
28
29
30
31
28
29
31
32
31
32
28
29
28
29
30
31
28
29
28
29
33
31
31
33
31
35
34
31
31
33
31
31
36
34
34
36
34
34
39
35
33
33
35
33
37
38
35
35
37
35
39
41
37
37
39
37
41
41
37
37
39
37
37
43
39
39
41
39
43
43
39
39
41
39
39
46
42
42
44
42
46
46
42
42
44
42
42
49
45
44
46
45
49
49
45
45
47
45
45
60
56
56
58
57
61
62
58
58
61
59
59
63
63
64
66
58
58
59
61
58
58
59
61
60
60
61
63
59
59
60
62
63
63
64
66
64
64
65
67
60
60
61
63
60
60
61
63
63
63
64
66
61
61
62
64
61
61
62
64
62
63
...
...
...
...
...
64
65
64
63
68
68
64
66
67
65
66
64
65
69
69
65
66
67
68
68
69
66
67
68
67
69
...
...
67
67
62
64
68
69
63
64
65
65
65
66
66
65
...
...
...
Ownership of Federal securities:
Distribution by classes of investors and types of issues
Estimated ownership by private investors...........................
Treasury survey of ownership....................................................
Treasury survey-commerical bank ownership.............................
70
...
...
67
73
67
...
(Continued on following page)
66
. ..
70
71
...
70
71
...
. ..
75
70
...
67
68
. ..
69
...
May 1971
131
C U M U L A T IV E T A B L E OF C O N T E N T S ,
June 1970 through May 1971 - (Continued)
Issue and page number
1970
June
July
Aug.
Sept.
1971
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
Market quotations on Treasury securities:
76
78
71
73
78
80
73
75
72
74
77
79
77
79
73
75
80
82
76
78
74
76
75
77
79
74
81
76
75
80
80
76
83
79
77
78
80
75
82
77
76
81
81
77
84
80
78
79
79
80
•••
...
Averaee vields of lone-term bonds:
Average yields of Treasury, corporate and municipal bonds
Chart - Average yields of Treasury, corporate and
Exchange Stabilization Fund:
...
National bank reports:
Income, expenses, and dividends for calendar year 1969...*
81
76
77
...
...
77
78
. ..
78
79
...
...
...
...
. ..
...
...
International financial statistics:
82
83
78
79
84
78
79
79
80
82
83
82
83
80
81
85
86
81
82
81
82
80
81
84
80
85
80
81
84
84
82
87
83
83
82
84
85
80
81
85
86
80
81
81
82
84
85
84
82
83
87
88
83
83
85
84
84
82
83
86
82
87
82
83
86
86
84
89
85
85
84
89
85
90
85
86
89
89
87
92
88
88
87
97
93
98
93
94
97
97
95
100
96
96
95
103
99
104
99
100
103
103
101
106
102
102
101
107
103
108
103
104
107
107
105
110
106
106
105
113
122
109
118
114
123
109
118
110
119
113
122
113
122
111
120
116
125
112
121
112
121
111
120
83
U.S. liquid liabilities to official institutions of
Nonmarketable U.S. Treasury bonds and notes issued to
U.S. net monetary gold transactions with foreign countries
and international and regional organizations..........
Capital movements between the United States and foreign
countries:
Liabilities to foreigners reported by banks in the
Claims on foreigners reported by banks in the United
Liabilities to foreigners reported by nonbanking concerns
Claims on foreigners reported by nonbanking concerns in
Transactions in long-term securities by foreigners
reported by banks and brokers in the United States.....
Foreign credit and debit balances in brokerage accounts..
.
Foreign branches of United States commercial banks:
Dollar and foreign currency assets of foreign branches....
126
127
128
Foreign currency assets of foreign branches............
Dollar and foreign currency liabilities of foreign
129
130
131
Dollar liabilities of foreign branches................
Foreign currency liabilities of foreign branches........
Dollar and foreign currency assets of foreign branches in
United Kingdom....................................
Dollar assets of foreign branches in United Kingdom.....
Foreign currency assets of foreign branches in United
132
133
...
•••
...
...
134
••
•
135
136
•••
•••
Dollar and foreign currency liabilities of foreign
Dollar liabilities of foreign branches in United Kingdom..
Foreign currency liabilities of foreign branches in Unitec
...
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..
...
Financial operations of Government agencies and funds:
Government corporations and other business-type
activities:
Statements of financial condition...................
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:
Federal Old-age and Survivors Insurance Trust Fund....
Federal Disability Insurance Trust Fund..............
Federal Hospital Insurance Trust Fund................
Federal Supplementary Medical Insurance Trust Fund....
...
137
139
140
...
121
...
142
125
146
...
I48
149
. ..
125
126
127
127
128
128
129
130
131
120
...
...
...
...
121
185
172
173
186
187
187
188
188
189
190
191
•••
. ..
...
152
...
...
...
...
175
122
...
124
148
...
...
127
150
123
170
...
124
125
...
125
...
169
...
...
...
128
129
153
133
134
134
135
135
136
137
...
...
•..
138
...
176
...
...
123
124
124
125
125
126
127
128
U N IT E D S T A T E S
G O V E R N M E N T P R IN T IN G O F F IC E
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C.
O F F I C I A L
20402
B U S I N E S S
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300
(GPO)
@FedFRASER