Full text of Treasury Bulletin : October 1972
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Treasury Bulletin
O
c t o b e r
1 9 7 2
U N I T E D STATES T R E A S U R Y
DEPARTMENT
O F F IC E O F T H E S E C R E T A R Y
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Treasury Bulletin
October 1972
D E P A R T M E N T
O F
T H E
T R E A S U R Y
W A S H I N G T O N ,
O F F IC E
D .C .
O F
T H E
S E C R E T A R Y
October 1972
I
C O N T E N T S
A r tic le
- T r e a s u r y F i n a n c i n g O p e r a t i o n s ...............................................................................................................
FE D E R A L
F IS C A L
V
O P E R A T IO N S
F F O -1 .
- S u m m a ry o f F is c a l O p e r a tio n s
................................................................................................................
1
F F O -2 .
- B u d g e t R e c e i p t s b y P r i n c i p a l S o u r c e s .............................................................................................
2
C h art
- B u d g e t R e c e i p t s b y P r i n c i p a l S o u r c e s .............................................................................................
4
F F O -3 .
- B u d g e t O u t l a y s b y A g e n c i e s ...................................................................................................................
5
F F O -4 .
- U n d i s t r i b u t e d I n t r a b u d g e t a r y T r a n s a c t i o n s ....................................................................................
6
F F O -5 .
- B u d g e t O u t l a y s b y M a jo r F u n c t i o n ....................................................................................................
^
F F O -6 .
- I n v e s t m e n t T r a n s a c t i o n s o f G o v e r n m e n t A c c o u n t s in F e d e r a l S e c u r i t i e s
9
F F O -7 .
- T r u s t F u n d s T r a n s a c t i o n s ............................................................................................................................ 10
F F O -8 .
- L o a n D is b u r s e m e n ts a n d R e p a y m e n ts , N e t L e n d in g , a n d
. . .
L o a n B a l a n c e s o f F e d e r a l C r e d i t P r o g r a m s ............................................................................... 11
F F O -9 .
................................................................................................................13
- D e ta il o f E x c is e T a x R e c e ip t s
FE D E R A L
F O -1 .
O B L IG A T IO N S
- G r o s s O b l i g a t i o n s I n c u r r e d W ith in a n d O u t s i d e t h e F e d e r a l G o v e r n m e n t
1fi
b y O b j e c t C l a s s ..............................................................................................................................................
F O -2 .
- G ro ss O b lig a t io n s In c u r r e d O u t s id e th e F e d e r a l G o v e r n m e n t
b y M a jo r F u n c t i o n a n d M a jo r O b j e c t C l a s s ............................................................................... ^
F O -3 .
- G ro s s O b lig a tio n s I n c u r r e d O u t s id e th e F e d e r a l G o v e r n m e n t
b y D e p a r t m e n t o r A g e n c y ........................................................................................................................ 17
F O -4 .
- G ro ss O b lig a t io n s I n c u r r e d O u ts id e th e F e d e r a l G o v e r n m e n t
C o m p a r a t i v e S t a t e m e n t b y M o n t h s ..................................................................................................... 18
ACCO U N T
OF
T H E
TR E A SU R E R
, U .S .
T U S -1 .
- S t a t u s o f t h e A c c o u n t o f t h e T r e a s u r e r , U . S ...................................................................................20
T U S -2 .
- A n a l y s i s o f C h a n g e s i n T a x a n d L o a n A c c o u n t B a l a n c e s ................................................21
T U S -3 .
- S u m m a ry o f C a sh T r a n s a c tio n s
T U S -4 .
- G o l d A s s e t s a n d L i a b i l i t i e s o f t h e T r e a s u r y ................................................................................... 22
t h r o u g h t h e A c c o u n t o f t h e T r e a s u r e r , U .S .
M O N E T A R Y
M S -1 .
- M oney
^
S T A T IS T IC S
i n C i r c u l a t i o n .................................................................................................. ................................. 23
FE D E R A L
D E B T
F D -1 .
- S u m m a r y o f F e d e r a l D e b t .............................................................................................................................
F D -2 .
- C o m p u te d In te re st C h a r g e a n d C o m p u t e d In te re s t R a te
F D -3 .
- I n t e r e s t - B e a r i n g P u b l i c D e b t ................................................................................................................ 25
o n I n t e r e s t - B e a r i n g P u b l i c D e b t ...................................................................................................... 24
24
II
T r e a s u r y B u lle t in
CONTENTS
F D -4 .
- M a tu r ity D is t r ib u t io n a n d A v e r a g e L e n g t h o f M a r k e t a b le
I n t e r e s t - B e a r i n g P u b l i c D e b t .......................................................................... .... ............................... 25
F D -5 .
- S p e c i a l P u b l i c D e b t I s s u e s ...................
F D -6 .
- I n t e r e s t - B e a r i n g S e c u r i t i e s I s s u e d b y G o v e r n m e n t A g e n c i e s .................................27
F D -7 .
- P a r t i c i p a t i o n C e r t i f i c a t e s .......................................................................................................................... 28
F D -8 .
- D e b t S u b je c t to S t a t u t o r y L im it a t io n
F D -9 .
- S ta tu s a n d A p p lic a t io n
F D -1 0 .
- T r e a s u r y H o l d i n g s o f S e c u r i t i e s .........................................................................................................31
- M a tu r ity S c h e d u l e
P u b lic
................................................................... ........................... 29
o f S t a t u t o r y L i m i t a t i o n L i m i t a t i o n .....................................30
P U B L IC
P D O -1 .
............................................................................................ 26
D E B T
O P E R A T IO N S
o f In te r e s t-B e a r in g M a r k e ta b le
D e b t S e c u r i t i e s ........................................................................................................................... 32
P D O -2 .
- O f f e r i n g s o f T r e a s u r y B i l l s ................................................................................................................... 33
P D O -3 .
- N ew
P D O -4 .
- O ffe r in g s
P D O -5 .
- U n m a tu re d M a r k e t a b le
P D O -6 .
- A llo tm e n ts
M o n e y F in a n c in g
P u b lic
th rou g h
R e g u l a r W e e k l y T r e a s u r y B i l l s .................... 35
o f P u b l i c M a r k e t a b l e S e c u r i t i e s .............................................................................38
by
S e c u r it ie s Is s u e d at a P r e m iu m
In v e s to r C la s s e s
M a r k e ta b le
on
S u b s c r ip tio n s
o r D is c o u n t
. . .
41
fo r
S e c u r i t i e s .......................................................................................................... 43
P D O -7 .
- D is p o s itio n
o f P u b l i c M a r k e t a b l e S e c u r i t i e s ..................................................................... 46
P D O -8 .
- F o r e ig n
S e r i e s S e c u r i t i e s ....................................................................................................................... 50
P D O -9 .
- F o r e ig n
C u r r e n c y S e r ie s
U N IT E D
S e c u r i t i e s ............................................................................................
STA TE S
a n d R e d e m p tio n s b y
S A V IN G S
BO N D S
- S a le s
S B -2 .
- S a le s a n d R e d e m p t io n s
b y P e r io d s , A ll S e r ie s
S B -3 .
- S a le s a n d R e d e m p t io n s
b y P e r io d s , S e r ie s E th r o u g h
S B -4 .
- R e d e m p tio n s
o f M a tu red a n d U n m a tu re d
U N IT E D
S N -1 .
- S a le s
and
S e r ie s , C u m u la tiv e . .
......................................................... 61
S B -1 .
ST A T E S
C o m b i n e d .................................... 61
K .
.
............................... 62
S a v i n g s B o n d s ........................................ 64
S A V IN G S
N O TE S
R e d e m p t i o n s b y P e r i o d s ................................................................................................. 65
O W N E R S H IP
OF
FE D E R A L
S E C U R IT IE S
O F S -1 .
- D i s t r i b u t io n s o f F e d e r a l S e c u r i t i e s .......................................................................................................
O F S -2 .
- E s t im a t e d O w n e r s h i p o f P u b l i c D e b t S e c u r i t i e s ............................
TR E A SU R Y
SU R V E Y
OF
...........................................67
O W N E R S H IP
T S O -1 .
- S u m m a r y o f F e d e r a l S e c u r i t i e s ................................................................................................................ 68
T S O -2 .
- I n t e r e s t -B e a r in g M a r k e ta b le P u b l i c D e b t S e c u r it ie s
b y T y p e a n d M a t u r i t y D i s t r i b u t i o n ..................................... .... .........................................................69
III
October 1972
CONTENTS
T S O -3 .
- I n t e r e s t - B e a r i n g M a r k e t a b l e P u b l i c D e b t S e c u r i t i e s b y I s s u e ...........................................69
T S O -4 .
- I n t e r e s t - B e a r i n g N o n m a r k e t a b l e P u b l i c D e b t S e c u r i t i e s b y T y p e ................................. 71
T S O -5 .
- S e c u r i t i e s I s s u e d b y G o v e r n m e n t A g e n c i e s ........................................................................ ....
T S O -6 .
- S e c u r i t i e s I s s u e d b y G o v e r n m e n t - S p o n s o r e d A g e n c i e s a n d D . C ....................................72
M A R K E T
Q U O T A T IO N S
ON
TR E A SU R Y
. 71
S E C U R IT IE S
M Q -1 .
- T r e a s u r y B i l l s ..........................................................................................................................................................75
M Q -2 .
- T r e a s u r y N o t e s ...................................................................................................................................................... ^
M Q -3 .
- T reasu ry
C h art
- Y i e l d s o f T r e a s u r y S e c u r i t i e s ..................................................................................................................... 77
B o n d s .......................................................................................................................................................76
AVE RAG E
Y IE L D S
OF
L O N G -T E R M
BO N D S
A Y -1 .
- A v e r a g e Y i e l d s o f L o n g -T e r m T r e a s u r y , C o r p o r a t e a n d M u n ic ip a l B o n d s . . .
C h art
- A verage
Y i e l d s o f L o n g -T e r m
E XC H A N G E
T reasu ry, C orp ora te an d
S T A B IL IZ A T IO N
M u n ic ip a l B o n d s .
.
78
■ 79
FU N D
E S F -1 .
- B a l a n c e S h e e t ..................................................................................................................................................... 80
E S F -2 .
- In co m e an d E x p e n s e
..................................................................................... .... ...........................................81
IN T E R N A T IO N A L
F IN A N C IA L
S T A T IS T IC S
I F S -1 .
- U .S . R e s e r v e A s s e t s ........................................................................................................................................... 82
IF S -2 .
- U .S . L i q u i d a n d N o n l i q u i d L i a b i l i t i e s t o F o r e i g n O f f i c i a l I n s t it u t i o n s ,
a n d L i q u i d L i a b i l i t i e s t o A l l O t h e r F o r e i g n e r s ....................................................................83
IF S -3 .
- U .S . L i q u i d a n d N o n l i q u i d L i a b i l i t i e s t o O f f i c i a l I n s t it u t i o n s
o f F o r e i g n C o u n t r i e s , b y A r e a ....................................................................-
..................................84
IF S -4 .
- N o n m a r k e t a b l e U .S . T r e a s u r y B o n d s a n d N o t e s ................................................. .... .................... 85
IF S -5 .
- U .S . P o s i t i o n i n t h e I M F ............................................................................................................................ 86
IF S -6 .
- U .S . N e t M o n e t a r y G o l d T r a n s a c t i o n s w it h F o r e i g n C o u n t r i e s ....................................... ^
C A P IT A L
M O V E M E N T S
BETW EEN
U .S .
A N D
F O R E IG N
C O U N T R IE S
L I A B I L I T I E S T O F O R E I G N E R S R E P O R T E D B Y B A N K S - U .S .
C M -I -1 .
- S h o r t-T e r m L i a b i l i t i e s b y T y p e o f F o r e ig n H o ld e r . . . . . . . . . . . . . .
90
C M -I-2 .
- S h o r t -T e r m L i a b i l i t i e s b y T y p e o f L i a b i l i t y ....................... - ....................................................91
C M -I -3 .
- S h o r t - T e r m L i a b i l i t i e s b y C o u n t r y ...........................................................................................................93
C M -I-4 .
- S h o r t - T e r m L i a b i l i t i e s , b y T y p e a n d C o u n t r y ............................................................................... 94
C M -I-5 .
- S h o r t - T e r m L i a b i l i t i e s , N o t R e g u l a r l y R e p o r t e d S e p a r a t e l y ............................................ 95
C M -I-6 .
- L o n g - T e r m L i a b i l i t i e s b y T y p e ................................................................................................................96
C M -I-7 .
- L o n g - T e r m L i a b i l i t i e s b y C o u n t r y ..........................................................................................................
97
T r e a s u r y B u lle t in
IV
CONTENTS
C L A I M S O N F O R E I G N E R S R E P O R T E D B Y B A N K S - U .S .
C M -II-1 .
- S h o r t - T e r m C la im s b y T y p e .......................................................................................................................98
C M -II-2 .
- S h o r t - T e r m C la im s b y C o u n t r y ......................................................................................................... ....
C M -II-3 .
- S h o r t - T e r m C la im s , b y T y p e a n d C o u n t r y ........................................................................................ 100
C M -I I -4 .
- L o n g - T e r m C la im s b y T y p e ........................................................ .... ............................................................ 101
C M -II-5 .
- L o n g - T e r m C la im s b y C o u n t r y ...................................................................................................................102
C M -II-6 .
- L o n g - T e r m C la im s , b y T y p e a n d C o u n t r y ....................................................................................... 103
L I A B I L I T I E S T O F O R E I G N E R S R E P O R T E D B Y N O N B A N K I N G C O N C E R N S - U .S .
C M -III-1 .
- L i a b i l i t i e s b y T y p e ............................................................................... ............................................................104
C M -I I I -2 .
- S h o r t - T e r m L i a b i l i t i e s b y C o u n t r y ..........................................................................................................105
C M -III-3 .
- S h o r t - T e r m L i a b i l i t i e s , b y T y p e a n d C o u n t r y ............................................................................. 106
C M -III-4 .
- L o n g -T e r m
L i a b i l i t i e s b y C o u n t r y .........................................................................................................
C L A IM S O N F O R E IG N E R S R E P O R T E D B Y
C M -IV -1 .
- C l a i m s b y T y p e .................................................................................................................................................... 108
C M - I V - 2 . - S h o r t - T e r m C l a im s b y C o u n t r y
C M -IV -3 .
N O N B A N K I N G C O N C E R N S - U .S .
- S h o r t-T e r m
■ ■ ....................................................................................................
C l a i m s , b y T y p e a n d C o u n t r y .................................................................................. 110
C M -I V -4 . - S h o r t -T e r m L iq u id C la im s R e p o r t e d b y L a r g e N o n b a n k in g C o n c e r n s
b y T y p e ................................................................................................. .... ........................................................... 111
C M -IV -5 .
• S h o r t - T e r m L i q u i d C la im s R e p o r t e d b y L a r g e N o n b a n k i n g C o n c e r n s
C M -I V -6 .
- S h o r t-T e r m L iq u id C la im s R e p o r t e d b y L a r g e N o n b a n k in g C o n c e r n s ,
b y C o u n t r y .........................................................................................................................................................^
b y T y p e a n d C o u n t r y .................................................................................................................................. ^
C M -IV -7 .
- L o n g - T e r m C la im s b y C o u n t r y ................................................................................................................ 113
T R A N S A C T I O N S I N L O N G -T E R M S E C U R I T I E S B Y F O R E I G N E R S
C M -V -1 .
- F o r e i g n P u r c h a s e s a n d S a l e s o f L o n g - T e r m D o m e s t i c S e c u r i t i e s ................................. 114
C M -V -2 .
- F o r e i g n P u r c h a s e s a n d S a l e s o f L o n g - T e x m F o r e i g n S e c u r i t i e s ....................................... 114
C M -V -3 .
- N e t F o r e i g n T r a n s a c t i o n s i n M a r k e t a b l e U .S . G o v e r n m e n t B o n d s a n d N o t e s ■ <U5
C M -V -4 .
- E s t i m a t e d F o r e i g n H o l d i n g s o f M a r k e t a b l e U .S . G o v e r n m e n t B o n d s a n d N o t e s .116
C M -V -5 .
- N e t F o r e i g n T r a n s a c t i o n s i n L o n g - T e r m D o m e s t i c B o n d s ....................................................^
C M -V -6 .
- N e t F o r e i g n T r a n s a c t i o n s i n D o m e s t i c S t o c k s b y C o u n t r y ...................................................118
C M -V -7 .
- N e t F o r e i g n T r a n s a c t i o n s in L o n g - T e r m
C M -V -8 .
- N e t F o r e i g n T r a n s a c t i o n s i n F o r e i g n S t o c k s b y C o u n t r y ..................................................... 120
C M -V -9 .
- F o r e i g n P u r c h a s e s a n d S a l e s o f L o n g -T e r m S e c u r i t i e s , L a te s t D a t e ..............................121
F o r e i g n B o n d s b y C o u n t r y ..........................119
C M - V - 1 0 . - F o r e i g n P u r c h a s e s a n d S a l e s o f L o n g - T e r m S e c u r i t i e s , L a t e s t Y e a r .............................. 122
F O R E I G N C R E D I T A N D D E B IT B A L A N C E S I N B R O K E R A G E A C C O U N T S
C M -V I -1 .
- F o r e i g n C r e d i t B a l a n c e s ( D u e t o F o r e i g n e r s ) .................................................................................123
C M - V I - 2 . - F o r e i g n D e b i t B a l a n c e s ( D u e fr o m F o r e i g n e r s ) ............................................................................ 124
F IN A N C IA L
O P E R A T IO N S
OF
G O V E R N M E N T
A G E N C IE S
A N D
FU N D S
F E D E R A L C R E D IT P R O G R A M S
G A -III-1 .
- D i r e c t S a l e s a n d R e p u r c h a s e s o f L o a n s ............................................................................................. 125
C u m u l a t i v e T a b l e o f C o n t e n t s ................................................................................................................................................126
Note:
D etails o f figures may not add to totals because o f rounding.
V
O ctober 19 72
Treasury Financing Operations
Cash Offering
ernment securities and report daily
to the Federal Reserve
On October 5 the Treasury announced that i t would s e ll
Bank of New York their positions with respect to Government
at auction, under competitive and noncompetitive bidding $2.0
securities and borrowings thereon, and Government accounts.
b illio n , or thereabouts, o f 6% Treasury Notes of Series E-1974
Tenders from others were required to be accompanied by pay
to be dated October 19, 1972, and to mature September 30, 1974.
ment o f 5 percent of the face amount
Tenders for the notes were
to be received until 1:30 p.m.,
EDST, October 11.
A ll bidders were required to
of notes applied fo r.
agree not to purchase or
to s e ll, or to make any agreements with respect to the purchase
Noncompetitive tenders for $200,000 or less were to be
accepted in f u ll at the average
price o f accepted tenders.
Payment for the notes was required to be made or complet
or sale or other disposition of the notes at a sp e cific rate
or price, until after 1:30 p.m., EDST, October 11.
Commercial banks were prohibited from making unsecured
ed on or before October 19, 1972, in cash or other funds im
loans, or loans collateralized
mediately available
Payment
notes bid for, to cover the deposits required to be paid when
Inter
tenders were entered, and they were required to make a cer
to the Treasury by that date.
could be made through Treasury tax and loan accounts.
est is payable on the notes on a semiannual basis on March 31
tific a tio n to that e ffe c t.
and September 30, 1973, and March 31 and September 30, 1974.
refrain from making such loans.
Tenders were receivable
at Federal Reserve banks
and
branches and at the O ffice of the Treasurer of the United States
tached, and notes
additional
were authorized
to be
issued in
denominations of $1,000,
Other lenders were requested to
On September 20 tenders were invited for $500 m illion,
or thereabouts,
and interest
part by the
Regular Monthly B ills
in Washington, D. C. Bearer notes, with interest coupons at
registered as to principal
in whole or in
of 271-day Treasury b ills , representing an
amount of
June 30, 1973,
b ills dated June 30, 1972,
and for $1,800 m illion,
maturing
or thereabouts, of
360-day Treasury b ills to be dated September 30, 1972, to
$5,000, $10,000, $100,000 and $1,000,000.
ma
of
ture September 25, 1973, both series to be issued October 2.
their customers provided the names of the customers were set
These issues were to refund $1,702 m illion of b ills maturing
forth in such tenders.
September 30.
Commercial banks could submit tenders
Others
for account
than commercial banks
were
not permitted to enter tenders except for their own account.
Tenders were receivable without deposit from commercial
Tenders were opened September 26.
Tenders received for the 271-day
million, of which $500
m illion was accepted, including $14
and other banks for their own account, Federally-insured sav
m illion of noncompetitive tenders.
ings and loan associations,
rate was 5.346 percent.
States, p o lit ic a l subdivisions
or instrumentalities thereof, public pension and retirement
b ills totaled $1,547
The average bank discount
Tenders received for the 360-day
b ills totaled $4,145
and other public funds, international organizations in which
m illion, of which $1,&01 m illion was accepted, including $52
the United States
m illion of noncompetitive tenders.
holds membership, foreign
central banks
and foreign States, dealers who make primary markets in Gov
count rate was 5.529 percent.
The average
bank dis
VI
T re a su ry B u lle tin
T r e a s u r y F in a n c in g O p e r a tio n s - (C o n tin u e d )
13-Week and 26-Week B ills
from others must be
Issues of regular weekly
Treasury b ills
totaled $16.4 b illio n , replacing
in September
the same amount of matur
ing b i ll s . There were four 91-day issues of $2.3 b illio n and
four 182-day issues of $1.8 b illio n .
Approximate
equivalent
annual
average
rate l /
Date o f —
Sept.
Original
issue
14
21
June
or less from any one bidder,
Date o f
issue
Approximate
equivalent
annual
average
rate 1/
price of accepted competitive bids for
4.567
7
4.937
15
22
4.759
4.632
14
21
5.074
5.098
4.644
28
5.236
Sept.
on the date of issue, in cash or other immediately available
funds or in a lik e face amount of Treasury b ills maturing on
that date. Payment for 13-week, 26-week, and regular monthly
b ills
8
29
Bank discount basis.
may not
be made by
credit in Treasury tax and loan
accounts.
Foreign Series and Foreign Currency Series
Foreign series securities issued
Treasury Bills - General
in September totaled
$2,170 million, consisting of four ce rtifica tes of indebted
Treasury b ills are sold on a bid basis. The face amount
is payable without interest at maturity.
They are issued in
ness and two notes.
m illion.
Redemptions for the month totaled $2,153
At the end of September, foreign series securities
bearer form only, and in denominations o f $10,000, $15,000,
outstanding totaled $19,745 m illion.
$50,000, $100,000, $500,000, and $1,000,000 (maturity value).
page 58.)
Tenders are received at Federal Reserve banks and branches.
Each tender must be fo r a minimum of $10,000.
Tenders over
$10,000 must be in multiples o f $5,000.
(Details are shown on
Foreign currency series securities issued in September
consisted of one note denominated in Swiss francs equivalent
to $29 m illion.
Banking institutions generally may submit tenders for
account o f customers.
are accepted in
Payment for accepted tenders must be made or completed
1972
28
1/
Noncompetitive tenders (without stated p rice), usually
an issue.
26-week
1972
7
payment by an incorp-
porated bank or trust company.
fu ll at the average
(Additional amount o f b ills o f
original maturity o f 26 weeks)
1972
accompanied by an express guaranty of
for $200,000
13-week
Additional
issue
the face amount of b ills applied for, unless the tenders are
Average rates for the
new issues are shown in the following table.
accompanied by payment of 2 percent of
Redemptions for the month totaled an equiv
alent of $28 m illion.
At the end of September, foreign cur
Tenders may be made without deposit
rency series securities outstanding totaled an equivalent of
by incorporated banks and trust companies and by responsible
$2,001 million and were denominated in German marks and Swiss
and recognized dealers
francs.
Jtate:
in investment secu rities.
Tenders
(Details are shown on page 60.)
Details of Treasury market financing operations are shown elsewhere in tables on public debt operations.
October 1972
1
____________________________________________ FEDERAL FISCAL O PE RATIO N S___________________________________________
Table FFO*l. - Summary of Fiscal Operations
(In millions of dollars^).
Means of financing - net transactions
Borrowings from the public - Federal securities
Changes in cash and monetary assets (Deduct)
Invest
Toxal
W
ithin gen'l With other Govern With Inter
Public
borrowings acct.
Agency ments of
national
ment officers
of
debt
Special from the
Govern
securi
Monetary
Treasurer
securi
ment ac
notes l j public
ties
U
.S.
5/
Fund
O
ther
S
D
R
1
s
6/
ties
counts 2 /
m +(5)-(6)-(7)
(6)
(^)
(12)
(10)
(5)
(7)
(11)
(9)
(8)
_
196
1,428
6,088
1,876
7,659
339
-58
-255
_
508
3,092
405
5,853
2,864
-1,264
-367
41
_
5,561
2,330
-126
4,061
704
371
381
1,594
_
3,076
-260
2,633
4,041
3,244
354
259
-447
_
-482
2,838
5,079
9,035
-4,571
6,314
-5
-342
_
21,357
5,320
23,100
-1,119
5,944
1,859
538
-1,094
_
6,142
-10,150
8,522
-11,146
760
808
-1,384
644
17,198
10,062
-1,739
5,397
1,746
802
-1,536
557
27,211
-347
7,417
826
290
-208
-908
19,448
8,420
-1,269
29,131
19,442
1,399
711
-988
1,145
n.a.
n.a.
n.a'.
29,028
-
Budget receipts and outlays
Fiscal year
or month
1963................
1964................
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972p.. . r.........
1973 (Est.)
1971-Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
1972-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June p......
July.........
Aug..........
Fiscal 1973 to
date.............
Fiscal year
or month
Net
Budget
Receipts
1/
Net
Budget
Outlays
2/
(l)
106,560
112,662
116,833
130,856
149,552
153,671
187,784
193,743
188,392
208,596
223,000
(2)
111,311
118,584
118,430
134,652
158,254
178,833
184,548
196,588
211,425
231,619
250,000
15,641r
19,710
12,462
14,945
17,213
17,596
15,239
15,237
24,534
17,275
25,537
15,207
18,213
33,420
Budget
Surplus
or
deficit
(3)
-4,751
-5,922
-1,596
-3,796
-8,702
-25,161
3,236
-2,845
-23,033
-23,023
-27,000
19, 58lr
18,196
18,791
18,947
19,469
18,764
20,327
18,598
19,960
22,945
18,591
20,581
-3,940r
1,513
-6,330
-4,002
-271
-1,873
-3,525
-5,090
5,935
-2,685
2,591
-3,384
-2,369
9,293
-2,324
-334
2,686
9,511
-1,269
1,169
3,312
-2,039
2,607
-651
5,123
3,056
272
-370
9
534
2,459
-825
-1,691
87
1,313
-1,877
1,736
-586
-24
3,498
2,347
1,403
2,655
39,173
-5,753
8,179
543
4,058
17,484
Means of financing-net transactions - (Cent.)
Transactions
not applied to Total budget
Other means year's
surplus financing
of financing or deficit
8/ (8 )-(9)-(1 0 )-(1 1 )
7/
- (1 2 ) + ( 1 3 )+(1^)
19r
-503
50
-10
284
-474
568
-103
-44
General ac
count of
Treasurer,
U.S. 5/
2,276
630
-3,385
-2,413
7,028
-26
-4,150
691
4,700
-2,836
602
-1,342
-4,158
-50
_
_
_
-
6,853r
-2,003
1,407
2,590
8,482
134
1
3,795
-2,059
-618
-3,368
3,730
934
-
4,664
-5,500
-
_
_
_
-
_
212r
116
-226
3
-10
76
10 X
-57
710
151
-73
_
-121
-7
892
155
-1,007
1,680
_
-1,602
364
Public debt
securities
Agency
securities
5/
Investments
of Govern
ment accounts
-3
5
-200
40
11
5
4
-1.237 .........9.... -
(1 8 )
Special
notes
V
(14)
(15)
(1 6 )
188
1,179
-217
-359
132
2,997
-284
-22
3,103
4,556
-2,028
38
61
98
629
813
367
10,407
-961
482
1,292
n.a.
4,751
5,922
1,596
3,796
8,702
25,161
-3,236
2,845
23,033
23,023
27,000
12,380
11,116
12,710
12,450
7,879
6,785
7,544
9,291
10,117
11,310
n.a.
305,860
311,713
317,274
319,907
326,221
347,578
353,720
370,919
398,130
427,260
n.a.
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
n.a.
56,345
59,210
61,540
64,784
73,819
79,140
87,661
97,723
105,140
113,559
n.a.
3,176
3,581
3,455
3,810
3,328
2,209
825
825
825
825
n.a.
1971-Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
1972-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June p......
July.........
Aug..........
Fiscal 1973 to
l,432r
1,229 '
1,300
-1,014
-1,341
2,656
-775
1,913
1,520
-1,238
2,952
-3,288
-2,367
101
11
15
85
111
-82
73
-44
-12
892
118
4
12
3,940r
-1,513
6,330
4,002
271
1,873
3,525
5,090
-5,935
2,685
-2,591
3,384
2,369
10,469
11,099
7,714
5,301
12,329
12,303
8,153
" 8,844
13,543
10,708
11,310
9,967
5,809
414,592
412,268
411,934
414,620
424,131
422,862
424,032
427,344
425,304
427,912
427,260
432,384
435,439
5,753
5,809
435,439
109,58lr
108,757
107,066
107,153
108,466
106,589
108,325
107,739
107,715
111,213
113,559
114,962
117,618
117,618
825
825
825
16
11,223
10,720
10,770
10,760
11,044
10,570
11,137
11,034
10,991
11,263
10,894
10,903
11,437
11,437
(17)
(19)
Held by the
public
(17)+(l8)-(19)-(20)
(21)
254,461
257,553
261,614
264,690
267,529
290,629
279,483
284,880
304,328
323,770
356,000
(2 0 )
(13)
Source: Beginning fiscal 1973, based on monthly statement of receipts and
outlays of the Government, (prior years, monthly statement of receipts
and expenditures of the Government) .Estimates based on the Mid-Session
Review of the 1973 Budget released on June 5, 1972.
Note: Above table has been revised to reflect the elimination of the dis
tinction between the loan account and the expenditure account pursuant
to OMB Circular No. A-11, Revised , June 12, 1972. See Table FF0-8.
1/ See Table FFO-2. 2/ See Table FF0-3. 2 / See Table FF0-6.
L j Represents non-interest bearing public debt securities issued to the IMF
and international lending organizations (IDA and IADB) in recognition of
U.S. Government subscription commitments.
5/ Current fiscal year to date transactions are on the daily Treasury state
ment clearance date basis and are converted to accounting date basis at
June 30 (final) only. Prior fiscal year amounts include transactions in
6
Selected balances, end of period
Federal securities
1963................
1964................
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972p...............
1973 (Est.)......
-5,650
-856
5
315,408
313,406
314,812
317,402
' 325,884
326,018
326,019
329,814
327,755
327,137
323,770
327,499
328,433
328,433
82%
825
825
825
825
825
825
825
825
825
825
transit as of June 30. For amounts m transit see Table FF0-8 in Dec
ember 1971 Bulletin.
6/ Represents holdings of Special Drawing Rights, less certificates issued
to Federal Reserve banks.
7/ Includes accrued interest payable on public debt securities, deposit funds,
and miscellaneous liability and asset accounts.
8/ Includes seigniorage fiscal 1969 conversion of certain corporations to
private ownership, fiscal 1970 reclassification of certificates of interest
of $1,590 million less $7 million investments held by Government accounts,
net outlays of the Export-Import Bank of the U.S. that were reclassified
outside the unified budget sphere effective August 17, 1971, and begin
ning May 1972, increases in gold assets of the U.S.
2/
See Table FD-6.
r
Revised.
n .a .
Not availab le.
p
Preliminary.
T re a s u ry B u lle tin
2
_________F E D E R A L
FISCAL O P E R A T I O N S .
Table FFO-2. - Budget Receipts by Principal Sources
(in millions of dollars)
Fiscal year
or month
Income taxes
Net
budget
receipts
Individual
Withheld
Corporation
Other
Refunds
Net
total
Gross
Refunds
Net total
income
taxes
Net
total
1963.......................
1964.......................
1965.......................
1966.......................
1967.......................
1968.......................
1969.......................
1970.......................
1971.......................
1972p......................
1973 (Est.).............
106,560
112,662
116,833
130,856
149,552
153,671
187,784
193,743
188,392
208,596
223,000
38,719
39,259
36,840
42,811
50,521
57,301
70,182
77,416
76,490
83,282
n.a.
14,269
15,331
16,820
18,486
18,850
20,951
27,258
26,236
24 262
25,683
n.a.
5,400
5,893
4,869
5,851
7,845
9,527
10,191
13,240
14,522
14,141
n.a.
47,588
48,697
48,792
55,446
61,526
68,726
87,249
90,412
86,230
94,824
95,500
22,336
24,301
26,131
30,834
34,918
29,897
38,338
35,037
30,320
34,797
n.a.
757
808
670
761
946
1,232
1,660
2,208
3,535
2,760
n.a.
21,579
23,493
25,461
30,073
33,971
28,665
36,678
32,829
26,785
32,038
36,000
69,167
72,189
74,253
85,519
95,497
97,390
123,927
123,241
113,015
126,862
131,500
1971-Aug..................
Sept............. .
Oct..................
Nov..................
Dec..................
1972-Jan..................
Feb..................
Mar..................
Apr..................
May..................
June p.............
July................
Aug..................
15,641r
19,710
12,462
14,945
17,213
17,596
15,239
15,237
24,534
17,275
25,537
15,207
18,213
6,696r
5,513
5,941
7,245
6,823
6,627
7,581
7,783
6,599
8,141
8,102
7,052
8,175
306
3,755
396
264
379
4,318
682
1,323
8,650
1,413
3,708
548
362
91
76
55
55
106
1
1,416
5,200
3,284
2,997
668
245
157
6,910r
9,192
6,282
7,455
7,096
10,944
6,846
3,905
11,965
6,557
7,355
8,380
688
4,505
1,111
730
5,064
1,228
878
4,995
5,145
967
8,324
1,258
855
236
198
375
218
138
158
212
273
250
234
185
187
190
453
4,306
736
512
4,927
1,070
666
4,722
4,895
733
8,138
1,071
665
7,363r
13,499
7,018
7,967
12,023
12,014
7,512
8,628
16,860
7,290
19,280
8,426
9,045
33,420
15,227
911
402
15,736
2,114
378
1,736
17,472
Fiscal 1973 to
date.................... ,
11,142
Social insurance taxes and contributions
Employment taxes and contributions
Fiscal year
or month
Old-age, disability, and
hospital insurance
Gross
Refunds
1963.......................
1964.......................
1965.......................
1966.......................
1967.......................
1968.......................
1969.......................
1970.......................
1971.......................
1972p......................
1973 (Est.).............
14,314
16,532
16,915
20,206
27,328
28,672
33,956
38,600
41,237
45,556
n.a.
139
166
192
228
1971 Aug..................
Sept................
Oct..................
Nov.................
Dec.................
1972-Jan..................
Feb..................
Mar.................
Apr.................
May.................
June p...............
July..................
Aug...................
4,945
3,364
2,582
3,248
2,228
3,162
4,756
3,857
5,024
5,773
3,647
3,720
5,242
Fiscal 1973 to
8,962
Net
total
14,175
16,366
16,723
19,978
27,046
28,409
33,351
38,214
40,719
45,109
n.a.
Gross
572
594
636
Net total
Net
total
572
593
636
683
776
814
885
919
980
1,010
n.a.
Gross
Refunds
Net
total
14,746
16,959
17,359
20,662
27,823
29,224
34,236
39,133
41,699
46,119
55,200
4,115
4,049
3,826
3,783
3,665
3,351
3,335
3,471
3,682
4,389
n.a.
3
4
8
6
6
6
7
6
8
13
n.a.
4,112
4,045
3,819
3,777
3,659
3,346
3,328
3,464
3,674
4,376
5,000
*
104
87
10
160
83
6
165
97
6
178
98
8
125
5,049
3,451
2,592
3,408
2,311
3,168
4,921
3,954
5,029
5,504
3,745
3,728
5,367
661
61
117
425
53
153
545
72
346
1,638
113
261
1,176
1
1
*
■*
1
*
*
1
3
2
2
1
1
661
60
116
424
52
153
545
71
343
1,636
111
260
1,175
*
134
9,095
1,437
3
1,434
Refunds
*
*
•X-
*
*
1
*
1
*
1
n.a.
104
87
10
160
83
6
165
97
6
178
98
8
125
*
*
*
X**
*
-
4,945
3,364
2,582
3,248
2-228
3,162
4,756
3,857
5,024
5,326
3,647
3,720
5,242
-
8,962
134
263
605
386
518
447
n.a.
_
-
-
-
447
-
Unemployment insurance
Railroad retirement accounts
684
282
^
777
815
885
920
981
1,011
n.a.
*
*
-■*
-
(Continued on following page)
O ctober 1 9 72
3
________________ F E D E R A L
F I S C A L O P E R A T I O N S _________________
Table FFO-2. - Budget Receipts by Principal Sources - (Continued)
Fiscal year
or month
1963................
1964................
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972p..............
1973 (Est.)
(In millions of dollars)
Social insurance taxes and contributions - (continued)
Miscellaneous excise
Contributions for other
insurances and retirement
Net total
social
insurance
Federal
Other
Supple
Federal
taxes and
Gross
Refunds
mental
Total
contri
employees
employees
Medical
retirement retirement
butions
Insurance
932
10,005
946
13
19,804
89
1,008
22,012
15
993
10,304
93
16
1,081
22,258
11,011
1,065
99
1,111
18
9,362
25,567
217
1,129
647
1,201
1,867
19
33,349
9,461
183
698
20
2,052
34,622
9,827
127
1,334
1,426
39,918
10,681
96
903
24
2,253
936
45,298
1,735
2,701
29
10,519
167
48?J578
37
1,253
3*205
10,643
,133
1*916
37
1,056 ^
2,055
10,569
53,929
1,339
3,434
n.a.
3,700
63,900
n.a.
n.a.
n.a.
n.a.
,
- Excise taxes
taxes
Airport and airway trust fund
Net
total
282r
273
275
288
278
294
275
325
283
303
281
5,991r
3,784
2,983
4,120
2,642
3,615
5,740
4,350
5,655
7,443
4,137
July.........
Aug..........
120
119
164
188
5
*
289
307
,4,277
6,849
915
790
17
9
898
780
239
353
5'
597
11,126
1,705 '
26
1,679
Excise taxes - (continued)
Estate and gift taxes
1963................
1964................
1965................
1966................
1967................
1968................
1969................
1970................
1971................
1972p...............
1973 (Est.)......
Gross
Refunds
3,405
3,646
3,782
4,037
4,652
4,493
4,861
5,386
126
127
123
120
212
114
224
32
123
313
n.a.
5,664
5,635
n.a.
Net
total
3,279
3,519
3,659
3,917
4,441
4,379
,4,637
5,354
5,542
5,322
n.a.
Net total
excise
taxes
Gross
Refunds
Net
total
13,194
13,731
14,570
13,062
13,719
14,079
15,222
15,705
16., 614
15,484
I6,300r
2,187
2,416
2,746
3,094
3,014
3,082
3,530
3,680
3.784
5,466
n.a.
20
23
29
28
36
31
39
36
49
54
n.a.
2,167
2,394
2,716
3,066
2,978
3,051
3,491
3,644
3,735
5,412
4,300
1971-Aug..........
516
1
1,482
515
315
Sept.........
482
482
1,490
267
Oct..........
458
458
1,412
395
Nov..........
16
557
1,656
569
541
Dec..........
425
425
1,389
549
1972-Jan..........
430
430
624
743
Feb..........
476
478
602
819
-3 2 /
Mar..........
1,130
143 1/
271
605
414
Apr..........
452
107
345
377
1,091
May..........
6
499
1,371
493
469
June p......
1,370
458
372
416
41
July.........
481
481
1,442
339
Aug..........
500
497
428
3
1,351
Fiscal 1973
9,n
766
2,792
978
to date..........
3
Source: Beginning fiscal 1973, monthly statement of receipts and outlays
of the Government. Fromfiscal 1967-72, monthly statement of receipts
and expenditures. Prior years on basis of the -unified budget concepts
adopted January 1968. Estimates based on the Mid-Session Review of
the 1973 Budget released on June 5, 1972.
1/ Includes $130 million cumulative adjustments for December 1971 to
1,241 '
1,284
1,478
1,811
1,972
2,113
2,387
2,494
2,657
3,392
n.a.
-
-
_
Refunds
Net
total
_
-
-
-
'2
1
n.a.
-
-
563
649
n.a.
-*
_
_
*
*
•*
_ ^
■*
■*
50
66
62
54
52
52
35
60
51
51
59
63
74
*
63
73
136
*
136
*
Miscellaneous receipts
Custom duties
Gross
-
-
Highway trust fund
Fiscal year
or month
-
51
66
62
54
52
52
36
60
51
52
60
3
4
3
3
3
2
4
5
2
5
1
Fiscal 1973
-
917
942
892
1,061
913
260
305
799
694
827
894
I68r
158
159
179
158
178
162
203
170
186
173
10
11
12
11
100
562
345
-51 1/
41
13
-8
_
-
564
650
n.a.
Ill
110
112
106
117
115
108
117
111
112
107
Refunds
_
9,915
10,211
10,911
9,145
9,278
9,700
10,585
10,352
10,510
9,513
n.a.
1971-Aug..........
Sept.........
Oct..........
Nov..........
Dec..........
1972-Jan..........
Feb..........
Mar..........
Apr..........
May..........
June p......
926
952
904
1,073
1,012
823
650
748
735
839
886
Gross
Net
total
Deposits of
earnings by
Federal
Reserve
banks
All
other
Net total
miscel
laneous
receipts
828
947
1,372
1,713
1,805
2,091
2,662
3,266
3,533
3,252
n.a.
400
66
107
n.a.
1,205
1,252
1,442
1,767
1,901
2,038
2,319
2,430
2,591
3,285
2,900
247
158
325
372
n.a.
1,023
1,084
1,594
1,875
2,108
2,491
2,908
3,424
3^858
3/624
4,100
275
282
279
291
272
263
277
258
262
267
271
241
281
522
-25r
30
45
2
14
81
70
5
80
209
-136
251
-14
237
250r
312
324
293
286
344
347
263
342
475
135
492
266
758
35
32
35
45
71
75
68
64
4
4
4
3
3
3
5
3
5
7
7
5
5
311
263
391
566
545
621
596
602
372
461
364
334
423
247
369
346
355
339
268
230
276
223
246
261
245
285
3
6
13
12
10
8
7
12
8
11
12
8
7
244
363
333
343
329
259
224
264
215
235
250
237
278
9
757
531
16
515
194
138
222
162
303
March 1972, P.L. 92-178, repeal of manufacturers excise tax on
passenger automobiles, light-duty trucks, etc.
2/ Adjustment from estimated tax credits to actual.
* Less than $500,000.
r Revised.
n.a. Not available.
p Preliminary.
B U D G E T
R E C E IP T S
B Y
P R IN C IP A L
S O U R C E S
F is c a l Y e a r s 1 9 6 3 -1 9 7 3
S B i l .^ ^ j
200
Ficsal Year ■
150
Comparison first two
-months fiscal years —
1972 and 1973
100
50
— mlUl
BillIIIII
W
1963
Individual Incom e Taxes
70
1965
1967
w
1969
1971
1973
1969
1971
1973
S ocial Insurance
6 0 - Taxes and Contributions
1963
20
E xcise T axes
10Corporation T axes
0
2 0 - i i
15
1963
1965
1967
Other17
1 0 --------------------------------------
5963
1965
1967
969
97
***** * * * * *
1973
sax*
963
Source: Monthly Statement of Receipts and Outlays of the U.S. Government. For actual amounts see preceding Table FFO-2.
includes estate and gift taxes, customs duties; and miscellaneous receipts.
965
1967
1971
1973
5
O ctober 1 9 72
___ F E D E R A L
F I S C A L O P E R A T I O N S _____
Table FFO-3. - Budget Outlays by Agencies
(In millions of dollars)
Defense Department
Fiscal year
or month
Legis
lative
Branch
The
Judi
ciary
Executive
Office
of the
President
Funds ap
propriated
to the
President
Agricul
ture De
partment
Commerce
Depart
ment
61
64
3,201
142
173
200
23
23
24
26
28
28
31
36
47
56
100
3,694
3,889
4,385
4,872
4,913
4,967
4,774
4,540
4,249
4,000
7,333
7,458
6,795
5,513
5,841
7,307
8,330
8,307
8,560
10,996
11,100
3,660
4,302
4,749
4,670
726
807
854
1,028
1,188
1,248
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
1971...................
1972p.................
1973 (Est.).........
145
1971-Aug.............
Sept............
Oct.............
Nov.............
Dec.............
1972-Jan.............
Feb.............
Mar..........
Apr.............
May.............
Junep..........
July............
Aug.............
56
37
32
30
50
44
50
36
33
37
53
35
48
13
12
13
13
17
13
14
15
15
17
16
13
13
5
5
4
4
3
5
5
7
2
4
8
6
6
Fiscal 1973
to date.............
83
27
12
148
162
181
240
255
277
340
384
487
500
73
76
86
91
109
128
291r
386
309
242
387
316
276
388
291
256
825
-8
298
290
1,432
680
1,406
1,094
1,120
2,688
1,532
4,220
237
354
97
440
641
Civil
48,140 1,103
1,130
1,211
1,278
1,310
1,300
1,268
1,211
49,573
45,969
54,167
67,453
77,373
77,870
77,150
74,546
74,964
75,900
1,400
91
92
112
92
90;
117
98
115
104
110
143
89
147
1,040
636
Military
10,856
Housing & Interior
Urban De Depart
velopment ment
Department
20,249
21,695
22,732
27,959
34,608
40,576
46,594
52,338
61,866
71,781
80,700
-333
283
665
2,856
2,777
4,140
1,529
2,603
2,890
3,656
3,800
134
141
134
143
120
121
99
95
110
120
219
109
140
5,488
5,452
5,654
5,761
5,571
5,897
6,013
6,179
5,946
6,189
8,214
5,456
6,013
417
231
191
215
340
389
276
277
-75
449
447
513
623
250
11,468
1,136
1,376
1,530
1,800
5,472*
5,764
5,886
5,996
6,386
5,967
6,107
6,872
6,507
6,871
8,079
5,193
5,662
Health,
Education,
&Welfare
Department
300
b85
694
661
432
235
837
1,136
225
1,235
-1,500
Justice Labor
Depart Department
ment
313
325
355
366
403
430
515
640
916
1,179
1,400
4,153
4,044
3,532
3,109
3,286
3,272
3,475
4,356
7,923
10,048
9,700
129
-988
177
79r
90
122
96
70
91
83
129
123
106
105
108
107
716
706
612
712
799
901
942
1,053
906
940
1,013
851
799
-810
215
1,649
126
133
114
88
48
81
124
83
113
84
Treasury Department
Fiscal year
or month
State Transpor
Depart- tation
Interest
ment
Department on public
debt 2/
1/
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
1971...................
1972p..................
1973 (Est.).........
408
347
384
1971-Aug.............
Sept............
Oct.............
Nov.............
Dec.............
1972-Jan.............
Feb.............
^ Mar.............
Apr.............
May.............
Junep..........
July...........
Aug.............
Other
Atomic
Energy
Com
mission
567
600
719
742
785
793
5,428
5,732
5,970
6,417
7,247
7,525
8,200
9,895
10,666
11,346
12,014
13,391
14,573
16,588
19,304
20,959
21,849
23,100
-150
-114
87
413
-327
82
336
206
31
289
7,500
2,758
2,763
2,625
2,403
2,264
2,466
2,450
2,453
2,275
2,392
43
70
62
43
58
34
27
51
44
37
9
116
53
806
716
704
688
693
599
479
529
488
549
655
749
804
1,810
1,830
1,850
1,800
1,855
1,874
1,771
1,811
1,813
1,794
1,856
1,872
1,867
27
63
-287
131
-81
18
85
89
138
125
27
-10
-3
148
143
167
198
212
183
202
210
201
211
330
146
199
410
419
424
437
448
468
2,400
Environ General
mental
Services
Protection A
dmin.
Agency
_
-
701
763
1,500
39
46
Fiscal 1973 to
127
1,552
3,739
169
-14
>344
date..................
Source: See Table FFO-1.
Note: Outlays consist of disbursements less proprietary receipts from the
public and certain intrabudgetary transactions. Above table has been
revised to reflect the elimination of the distinction between the loan
account and the expenditure account; see note to Table FFO-1. Agency
shifts are shown in this table beginning with the period of such shifts
figures prior to the shifts have not been adjusted.
1/
2/
2/
j±/
r
United
States
Postal
Service
Veterans
Adminis
tration
Other
independ
ent
agencies
2,839
2,864
3,559
4,197
5,413
6,257
3,970
5,736
319
361
300
-242
131
413
425
446
501
597
100
2,552
4,171
5,091
5,932
5,423
4,721
4,247
3,749
3,381
3,424
3,200
770
578
805
888
1,141
1,080
920
1,510
2,183
1,659
1,400
5,499
5,660
5,708
5,960
6,845
6,858
7,669
8,653
9,756
10,711
11,800
72
56
65
58
44
36
73
42
42
70
101
89
291
273
266
286
285
259
276
310
238
270
294
289
289
687
43
124
112
-5
107
171
131
117
38
302
-59
189
893
755
830
818
893
1,020
861
1,042
926
970
907
882
855
823r
719
678
601
793
560
460
704
665
613
829
651
1,001
189
577
129
1,737
1,651
46
39
61
53
65
55
63
62
59
184
43"
83
National
Aero
nautics
&Space
Admin.
6,696
8,106
8,900
Undistribut
ed intra
budgetary
transactions
1/
-2,644
-2,877
-3,109
-3,364
-3,936
-4,499
-5,117
-6,380
-7,376
-7,864
-8,600
_378r
-246
-276
-343
-2,332
-277
-385
-293
-308
-371
-2,408
-252
-409
-661
Total
111,311
118,584
118,430
134,652
158,254
178,833
184,548
196,588
211,425
231,619
250,000 y
19,58lr
18,196
18,791
18,947
17,484
19,469
18,764
20,327
18,598
19,960
22,945
18,591
20,581
39,173
Figures prior to fiscal 1967 represent expenditures for the Federal
Aviation Agency.
Reported on an annual basis.
For content see Table FFO-4.
Includes $700 million estimate for special allowances for pay raises
and contingencies.
* Less than $500,000.
Revised.
p Preliminary.
Treasury Bulletin
6
__________________________________________ .FEDERAL FISCAL OPERATIONS
______________________________________„
Table FFO-4. - U ndistributed Intrabudgetary Transactions
Fiscal year
or month
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969....... ...........
1970...................
1971.
1972p..................
1973 (Est.).........
(In millions of dollars)
Federal employer contributions to retirement funds
Interest credited to certain Government accounts
Defense
Health, Education, and Welfare Department
Health, Education,
Civil Service
Department
and Welfare Dept.
Commission
Federal
Old-Age Federal
Federal
Other
Total
Soldiers1 Federal
Supplementary
and Survivors
Federal Old-Age,
Disability
Hospital
Civil Service
H
o
m
e
M
edical
Insurance
Insurance
Insurance
Disability, and
Retirement and
Permanent Trust Fund
Insurance
Trust
F
u
n
d
Hospital Insurance
Trust
F
u
n
d
Disability Fund
Fund
Trust Fund
242
279
282
1,310
1,401
1,709
728
I65r
157
158
177
156
178
162
Interior
Department
Indian
Tribal
Funds
1
1
1
1
1
1
1
1
198
163
181
170
161
186
128
1,825
2,018
2,444
2.611
2,771
2,900
9
n.a.
n.a.
60
60
49
49
48
70
71
69
69
69
66
66
62
1,661
6
8
8
1.876
2,020
727
742
n.a.
1,159
1,256
1,329
1,447
3
4
4
4
5
5
1,042
1,090
1,181
353
475
510
611
1971-Aug.............
Sept............
Oct.............
Nov.............
Dec.............
1972-Jan.............
Feb.............
Mar.............
Apr.............
May.............
June p.........
July............
Aug.............
Fiscal 1973
Fiscal year
or month
914
973
348
226r
218
1
1
x
1
1
207
226
204
249
234
268
232
251
236
228
249
2
478
_
68
65
59
n.a.
7
46
61
94
138
183
190
n.a.
43
7
3
3
175
87
64
83
140
221
324
388
11
1
2
34
33
'
718
10
8
-
42
I83
1
6
3
1
5
1
82
2
2
-
52
7
4
1
_
40
34
35
742
10,
-
1
-
21
12
23
17
29
n.a.
1
1
1
1
10
2
4
3
Interest credited to certain Government accounts - (Continued)
Transportation Veterans Administration Civil Service
Department
Commission
National
Railroad
Government Service
Civil Service Retirement
Life
Life
H
igh
w
ay
Unemployment
Retirement and Board
Insurance Insurance
Trust Fund
Disability
Trust Fund
Fund
Fund
Fund
_
15
1
2
2
1
7
1
_
_
_
_
587
721
894
1,009
1,346
1.617
1,718
n.a.
-
1
1
70
582
-
x
1
Labor
Department
1963...................
1964...................
1965...................
1966...................
1967...................
1968...................
1969...................
1970...................
1971,__ _______
1972p.................
1973 (Est.).........
8
7
8
10
9
7
5
15
10
10
n.a.
191
213
255
309
380
439
517
601
637
496
n.a.
14
20
11
8
14
34
53
115
184
206
n.a.
35
34
34
33
30
32
32
31
31
32
n.a.
175
176
182
191
198
211
225
245
271
292
n.a.
1971-Aug.............
Sept............
Oct.............
Nov.............
Dec.............
1972-Jan.............
Feb.............
Mar.............
Apr..............
May..............
June p..........
July.............
Aug...............
2
x
x
*
2
X
1
1
2
X
2
X
1
26
5
16
31
178
4
28
8
18
34
144
1
31
4
5
7
11
70
1
1
2
1
2
100
1
3
X
X
X
X
16
X
X
X
X
X
15
X
X
6
X
1
X
135
3
7
X
1
X
Fiscal 1973
to date.............
1
32
4
X
Source: See Table FFO-2.
* Less than $500,000.
n.a. Not Available.
r
p Preliminary.
511
538
3
3
3
3
3
3
3
3
3
3
n.a.
Revised.
362
420
482 546
622
706
805
987
1,232
1,464
n.a.
48
114
140
155
161
170
181
191
215
251
261
n.a.
Other
2
2
2
2
2
2
3
5
4
4
n.a.
1
2
1
11
*
x
1
Total
Grand
Total
1,485
1,621
1,780
1,917
2,275
2,674
3,099
3,936
4,765
5,094
5,700
2,644
2,877
3,109
3,364
3,936
4,499
5,117
6,380
7., 376
7,864
8,600
2
6
3
2
28
629
5
50
1
6
36
652
4
54
13r
1
2
7
106
2
13
1
3
8
103
2
13
-1
X
X
X
1
X
X
X
X
*
1
X
*
152
28
68
116
2,128
28
152
25
76
120
2,172
24
160
2,408
252
409
8
58
15
X
183
661
137
378r
246
276
343
2,332
277
385
293
308
371
T a b l e F F O - 5 . - B u d g e t Outlays b y M a j o r F u n c t i o n
(In millions of dollars)
Fiscal year 1972
Function
Fiscal year 1973
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June p
(
July
Aug.
Comparable
period
Cumulative FY 1972
to date
Aug.
Sept.
Oct.
5,743r
-149r
-x
5,593
6,044
-64
_x
5,979
6,194
-88
X
6,106
6,267
-92
_x
6,175
6,821
-108
_x
6,713
6,288
-125
-2
6,161
6,452
-119
-1
6,333
7,234
-77
1
7,158
6,882
-143
-1
" 6,738
7,226
-117
-2
7,107
9,031
-133
1
8,899
5,310
-173
2
5,139
5,994
-126
5
5,873
11,304
-298
7
11,013
11,120
344?
-2
341r
326
-23
-x
303
317
-13
_x
303
286
*
_x
286
274
-93
_x
181
363
-17
_x
347
309
-2
_x
307
384
-23
_x
361
277
-12
-X
265
278
-10
-X
268
-44
-X
358
401
324
-11
313
301
-1
-X
300
625
-12
-X
613
723
-41
-X
682
295
-4
291
273
_x
273
266
_x
266
288
-1
286
285
_x
285
260
-2
259
278
-1
276
311
__-1
310
238
-X
238
271
-1
270
296
-1
294
289
-X
289
292
-3
289
581
-3
577
672
-5
668
l,086r
-19r
1,067
366
_x
366
1,134
_x
1,134
800
-4
795
853
_x
852
706
-7
,699
299
-1
298
36
-20
16
-196
-X
-196
126
-X
126
337
-3
335
2,417
-20
2,397
1,149
-22
1,127
3,566
-41
3,524
2,884
-34
2,850
524
-90
_x
433
419
-75
_x
344
391
-82
_x
309
411
-108
_x
303
-141
_x
- 27-1
412
364
-101
-X
264
348
-110
_x
237
376
-110
_x
265
346
-91
-X
255
387
-121
-X
265
748
-232
-X
515
383
-1,203
-X
-821
630
-96
-X
534
1,012
-1,299
-1
-287
889
-164
-1
725
l,693r
-12r
_x
1,681
1,220
-11
-262
947
1,363
-9
-324
1,030
936
-10
-3
923
915
-33
-7
875
825
-11
-1
813
630
-10
-1
619
1,137
-11
-250
876
804
-9
-2
793
727
-10
-4
713
1,298
-12
-75
1,211
849
-22
-1
827
1,349
-14
-2
1,333
2,198
-36
-2
2,160
2,284
-28
-1
2,254
409
_x
409
292
-x
292
272
_x
272
261
_x
261
402'
402
434
_x
434
254
_x
254
342
-X
342
9
_x
9
490
-X
490
519
_x
519
529
-X
529
658
-X
658
1,187
-X
1,187
954
-X
954
674
-1
673
925
-1
924
501
-1
501
853
_x
853
723
-1
722
814
-1
813
908
-1
908
934
-1
932
729
-1
728
1,035
-2
1,033
1,432
-2
1,431
765
-1
764
906
-X
906
1,671
-1
1,670
1,358
-2
1,356
National defense
Proprietary receipts from the public......
Intrabudgetary transactions...................
Total national defense..........................
International affairs and finance
Proprietary receipts from the public......
Total space research and technology.......
Agriculture and rural development
Proprietary receipts from the public......
Intrabudgetary transactions...................
Total commerce and transportation..........
Community development and housing
Proprietary receipts from the public......
Total community development and housing..
Education and manpower
Proprietary receipts from the public......
_x
(Continued on following page)
FISCAL OPERATIONS
Proprietary receipts from the public......
Total Agriculture and rural development..
Natural resources
Outlays................................................
Proprietary receipts from the public......
Intrabudgetary transactions...................
Total natural resources........................
Commerce and transportation
-2
10,797
.FEDERAL
Proprietary receipts from the public......
Intrabudgetary transactions..................
Total international affairs and finance..
SDace research and technology
-321
Oo
Ta b l e FFO-5. - B u d g e t Out l a y s b y M a j o r Function - (Continued)
(In m illion s of d ollars)
Fiscal year 1973
Fiscal year 1972
Function
Health
Outlays............................................
Proprietary receipts from the public...
Intrabudgetary transactions................
Total health.....................................
Income security
Outlays............................................
Proprietary receipts from the public...
Intrabudgetary transactions................
Total income security........................
Veterans benefits and services
Outlays........................................ .
Proprietary receipts from the public...
Intrabudgetary transactions................
Total veterans benefits and services...
Interest
Outlays.............................................
Proprietary receipts from the public...
Intrabudgetary transactions................
Total interest...................................
General government
Outlays..............................................
Proprietary receipts from the public...,
Intrabudgetary transactions.............
Total general government....................
Aug.Mar.
Sept.
Oct.
Nov.
Dec.
Jan.
1,478
1,427
2,463
1,478
-114
l,411r
1,249
-1
-104
1,145
-114
1,364
-112
1,316
-687
1,776
-119
1,358
-111
1,433
-114
1,521
-112
1,468
4,999r
5,025
5,135
5,126
5,207
5,449
5,505
5,823r
5,623
l,525r
-*
_*
_*
_■*
5,024
5,135
937r
-41
798
-40
870
-36
_*
_*•
_*
1,545
1,635
_*
-*
-23
4,975r
Feb.
_•*
_•*
5,126
-538
4,669
5,449
865
-43
935
-39
1,067
-44
_*
_*
_•*
Apr.
1,580
_*
_*■
_*
June p
July
Aug.
1,055
1,648
-122
933
-121
1,526
2,703
-1
-243
2,459
2,837
-115
832
2,264
-1
-104
2,160
6,224
7,309
5,370
5,281
10,651
9,989
May
947
-1
_*
-*
_*
5,505
-155
5,468
-142
6,082
-811
6,497
-89
5,281
906
-41
1,086
-41
969
-40
1,013
-39
951
-40
924
-39
_•*
_*
_■*
-233
5,591
_*
Comparable
Cumulative period
FY 1972
to date
_*
-225
2,612
_*
5,253
-116
10,534
-24
9,964
900
-41
1,823
-80
1,780
-85
-28
_*
758
833
821
896
1,023
864
1,045
929
973
911
884
858
1,742
1,695
1,822
1,843
-21
-22
1,800
1,876
-25
-434
1,418
1,826
-14
-2
1,811
1,821
-90
-29
1,702
1,884
-26
-121
1,737
1,780
-13
-53
1,714
1,825
-18
-7
1,801
1,822
-20
-10
1,792
1,808
-18
-6
1,784
1,835
1,884
-12
-176
1,696
1,880
-15
-142
1,723
3,764
-28
-318
3,419
3,620
-33
-263
3,324
312
-15
-10
287
394
11
-9
396
367
-24
-10
333
497
-15
-9
473
399
5
-14
390
428
-11
-17
400
459
-46
-11
423
6
-9
419
-13
-10
389
495
1,192
-25
-555
612
630
-9
-10
610
1,822
-35
-565
1,222
1,378
-31
-456
891
-276
-343
-2,332
-277
-385
-293
-308
-371
-2,408
-252
-409
-661
-622
18,764
20,327
18,598
19,960
22,945
18,591
20,581
39,173
38,149
547r
-I6r
-10
521r
Undistributed intrabudgetary transactions,
-378r
-246
Net budget outlays..............................
19,581r
18,196
18,791
18,947
17,484
19,469
401
412
a
-1
896
-12
-142
1,668
^3
-48
-58
1,728
1,245
-12
-7 3 7
2
CO
O
>
O
TJ
>
l-H
o
z
CO
Source:
Monthly statements of receipts and outlays of the Government.
Note:
Above table has been revised to reflect the elimination of the distinction between the loan account and the expenditure account; see note to Table FFO-1.
* Less than $500,000. p Preliminary,
r Revised.
1
&
October 1972
9
____________________________________________ FEDERAL FISCAL OPERATIONS___________________________________________
Table FFO-6. - Investment Transactions of Government Accounts in Federal Securities (Net)
Fiscal year
or month
(In millions of
Health, Education, and Welfare Department
Federal
Federal
Supple
Federal
Old-Age and Federal
m
entary
Disability
Hospital
Survivors
Other
Insurance
Insurance Medical
Insurance
Trust
F
u
n
d
Insurance
Trust
F
u
n
d
Trust Fund
Trust Fund
1963..................
1964...........................................
1965..................
1966.................
1967.................
1968..................
1969..................
1970.................
1971.................
1972p................
1973 (Est.)
-822
692
458
-858
3,741
1,584
2,898
3,953
1,274
1,827
n.a.
-129
-137
-263
-413
296
591
1,121
1,342
1,263
934
n.a.
1971-Aug............
Sept..........
Oct............
Nov............
Dec............
1972-Jan............
Feb............
Mar............
Apr............
May............
June p.......
July..........
Aug............
1,190
-339
-866
-47
30
-459
1,033
-7
531
1,613
-208
-90
1,523
Fiscal 1973 to
date................
1,433
Fiscal year
or month
-
*
*
-
786
497
87
590
693
377
-146
n.a.
479
-197
77
-345
244
221
n.a.
180
19
-80
12
129
-51
116
112
80
154
290
4
82
126
-54
-182
-104
312
-119
33
-59
-165
71
125
-143
137
54
6
37
36
-2
38
1
-23
-11
19
47
26
68
*r
_
*_
-*
_*
■*
86
-6
93
_■*
Trans
portation
Department Treasury
Department
Highway
Trust Fund
^
United
States
Postal
Service
_
-
-
-*
*
-
**
-1
n.a.
Veterans
Administrat ion
National
Service
Life In
Other
surance
Fund
-90
-12
69
-24
126
6
40
204
-70
-109
122
224
5
29
86
14
20
83
62
29
n.a.
n.a.
242 j
-69
-344
-28
484
257
534
1,089
1,033
822
n.a.
83
165
-59
388
723
-589
-747
-5
1,380
1,201
n.a.
_
1,370
n.a.
1971-Aug............
Sept..........
Oct............
Nov............
Dec............
1972-Jan............
Feb............
Mar............
Apr............
May............
June p........
July..........
Aug............
-53
43
-33
*
96
9
272
4
106
227
-86
75
966
*
-2
8
-4
3
6
66
15
-7
-18
228
1 4
-433
-134
-61
-1
117
-231
168
-236
-83
-53
-225
1,302
-255
-5
-9
-11
-8
124
-10
-103
-59
2
3
138
7
12
-2
8
-2
-3
27
1
-8
-10
-1
-1
18
2
-7
Fiscal 1973 to
date................
-11
232
1,047
19
-5
Source* See Table FFO-2.
Note- Revised estimates were not available for this table.
* Less than $500,000.
36
138
-194
-129
45
135
165
131
128
109
n.a.
100
-256
-161
-19
-9
-7
-8
-8
-6
-8
n.a.
_
25
50
62
470
465
-369
197
-202
n.a.
19
39
_*
-6
20
-2
41
_*
-1
1
10
28
_
1963.................
1964.......... .
1965..................
1966..................
1967..................
1968..................
1969..................
1970..................
1973
1972p................
1973 (Est.).......
84
dollars)
Housing and Urban Development Department
Government National
Federal
Federal Mortgage Assn.
Insurance Other
Housing
Partici
Adminis
Adminis pation
tration
Other
tration
Sales
Fund
29
56
45
43
8
-496
32
59
39
74
-89
2
22
-1
-1
-1
*
_*
-1
-1
24
_*
V
-1
-1
-1
*
-1
_
-
3
-3
-
32
28
14
1
n.a.
_*
-2
_
_
_
3
_
-
24
-17
14
-8
-10
-3
-
2
5
n.a.
Labor Department
Unemploy
ment Trust
Fund
Other
453
*
582
*967
*
1,468
-*
1,156 .
*
1,146
938
*
488
-1,747
-*
-1,428
n.a.
n.a.
-423
-347
-15
-221
-519
-136
-493
-342
1,313
-143
-364
830
_
_
_
-*
*
-
*
*
*
1
*•
1
*
•x*
*
1
1
*
*
*
1
466
-
Railroad
Retire
ment
Board
All
Other
Total
1
69
149
154
173
135
59
268
-9
-110
7n.a.
-5
-7
*
32
51
-21
-204
237
-151
16
n.a.
1,428
2,864
2,330
3,244
9,035
>,320
8,522
10,062
7,417
_
302
_
-
_
-
Other independent agencies
Federal
Civil
Deposit
Service
Insurance
Commission Corpora
tion
Federal
Savings
and Loan
Insurance
Corporation
National
Credit
Union
Adminis
tration
269
244
208
204
212
265
283
173
196
148
n.a.
6
10
n.a.
1,143
1,189
1,249
1,121
1,078
873
1,975
1,960
2,932
3,123
n.a.
161
183
180
227
238
258
313
328
180
438
n.a.
99
33
-13
112
674
35
68
-241
152
1,375
659
65
71
3
1
51
1
61
215
-5
4
43
-6
1
63
45
4
-5
14
3
4
44
4
6
25
4
4
45
-1
*
-1
4
5
1
-*
*
*
*■
2
-117
-68
-171
-17
24
-171
-10
-58
-160
-15
795
-163
-42
-Hr
-4
1
4
1
4
-1
1
1
2
15
5
3
2,459
-825
-1,691
87
1,313
-1,877
1,736
-586
-24
3,498
2,347
1,403
2,655
724
64
49
2
-206
8
4,058
(
p
Preliminary,
n.a. Not Available,
r
Revised.
1
8,420
n.a.
Table FFO-7. - Trust Funds Transactions July 1, 1972 through August 31, 1972
(In millions of dollars)
Outlays
Receipts
Intragovernmental transactions
Classification
Trust
interfund
Total in an
d pro Receipts
trust
prietary of trust
funds
receipts funds
1/
Intra
govern
mental
trans
actions
2/
(2)
W
(l)
(3)
Unified
budget
receipts Total in
attrib trust
utable
to trust funds
funds
2/
(5)
(6)
Trust
inter
fund
trans
actions
Propri
etary
utlays
receipts O
trust
from the of
funds
public
(7)
(8)
(9)
*
5,991
764
839
Federal Old-Age and Survivors
Insurance.................................
7,258
*
7,258
151
7,195
5,991
Federal Disability Insurance.........
839
*
839
21
817
Federal Hospital Insurance............
968
*
968
19
949
764
839
-
*
*
Federal Supplementary Medical
Insurance.................................
483
*
483
244
239
338
-
*
Federal Employees Retirement.........
1,312
*
1,311
954
358
709
*
Federal Employees Life and
Health Benefits........................
-
-
-
-
-
-156
Federal Deposit Insurance
Corporation..............................
-
-
-
-
-
-60
Airportxand Airway.......................
136
-
136
-
136
135
Highway.......................................
982
-
982
4
978
1,002
Indian Tribal Funds......................
25
23
1
1
-
21
Military Assistance Advances.........
213
213
-
-
-
-9
Railroad Retirement......................
149
1,582
-
149
1,582
15
133
350
148
1,434
966
9
9
81
-
7
10,978
*
89
80
All other trust...........................
37
32
Total....................................
14,072
Veterans Life Insurance................
348
5
3
2
13,723
1,570
12,242
Source: Based on monthly statement of receipts and outlays of the Government.
Note: The memorandum section of various tables in the Federal Budget presents the trust fund receipt
and outlay data on the same concept as columns (3) and (9) above. Trust interfund transactions
are payments from one trust fund to another trust fund and are excluded m calculating trust fund
receipts and outlays. The Intragovernmental transactions are payments from Federal funds to trust
funds, and vice-versa, but excludes trust fund payments of $15 million to Federal funds,
l / For content see columns (7) and (8).
Interest
Federal Federal and pro
payments employer fits on
and con contri invest
tribu
ents in
butions m
tions
Federal
securities
(10)
(12)
(ii)
Unified
budget
outlays
attrib
utable
to
trust
funds
Excess of
receipts or
outlays (-)
(1*0
(15)
(16)
_
151
5,840
1,355
742
Other
(13)
Total
V
99
52
-
14
15
7
-
21
4
-
19
820
75
129
338
243
-
1
-
244
94
145
-
708
547
350
58
-
954
-246
603
-
-
-156
-
-
-
-
-
-156
156
-
-
-60
-
-
-
-
-
-60
60
-
135
-
-
-
-
-
135
1
-
-
1,002
-
-
4
-
4
998
-20
-
23
-2
-
-
1
-
1
-3
3
-
213
-221
-
-
-
-
-
-221
221
-
-
350
-
-
15
80
966
T
-
-
32
116
334
818
-201
-
15
148
-
1
9
-7
7
32
-25
2
8
*
■*
3
-28
30
348
10,630
792
478
183
117
1,570
9,060
3,182
-
-
616
2/ For content see ..columns (10-13).
Includes net taxes and other receipts, mainly deposits by States and Federal employee retire
ment contributions.
A / Excludes trust fund payments to Federal funds, such as charges for administrative expenses of
Social Security Act.
* Less than $500,000.
*4
M
d
w
>
r1
HH
CQ
O
>
tr*
O
►
d
H
W
>
HH
o
Z
cc
2/
I
Si
11
O ctober 19 72
F E D E R A L FISCAL OPERATIONS,
Table FFO-8 Loan Disbursements and Repayments, Net
Lending, and Loan Balances o f Federal Credit Programs 1/
(In millions of dollars)
Fiscal year 1973
Comparable Period
Fiscal Year 1972
Cumulative to date
August 31, 1972
Classification
Loan
Loa^n
Loan
Loan
L
oan
L
oan
L
oan
Net
et
Net
Disburse Repay N
Disburse Repay
Balances Disburse Repay
Lending
Lending
Lending
End of
ments
ments
ments
ments
ments
ments
Period
Funds appropriated to the President:
Economic opportunity loans...........................................
Defense production act.................................................
Overseas Private Investment Corporation.........................
Total — Funds appropriated to the President..............
Agriculture Department:
Commodity Credit Corporation:
Storage facility and short-term export sales credits...
Farmers Home Administration:
Agriculture credit insurance.....................................
Direct loans.............................................................
Emergency credit.......................................................
Rural housing insurance.............................................
Self-help housing land development.............................
State rural rehabilitation.........................................
Total — Farmers Home Administration.......................
*
_
■*
1
_
1
-1
_
-1
*
_
x
96
35
61
65
24
*
180
16
35
8
6
65
49
-10
-8
174
205
5
98
702
-
270
Rural Electrification Administration:
Rural telephone bank.................................................
Other.......................................................................
Other..........................................................................
64
-
15
■x-
4
49
_x
Total — Agriculture Department.................................
434
114
319
Commerce Department:
Economic Development Assistance:
Economic Development Administration............................
Promotion of Industry and Commerce:
Trade Adjustment Assistance.......................................
Maritime Administration:
Federal ship mortgage insurance.................................
Other.......................................................................
National Oceanic and Atmospheric Administration.............
4
1
_
*
_
*
1
-1
_
-1
52
6
7
64
124
55
69
847
53
51
2
110
40
X
325
475
17
40
9
6
*
93
_x
-9
319
_x
466
115
35
363
*
24
85
-3
-16
-83
_x
_x
73
402
3,118
201
32
8
280
_x
521
537
-17
34
*
5
_x
41
-
29
■x
11
_*
162
540
6
6,224
4
10,198
614
618
-4
4
*
441
1
12
2
10
x2
4
_*
-2
8
_*•
'
64
1,402
54
1,194
*
x
1
_x
1
-1
_x-1
1
2
6
2
-
x
*
-
-
•x-X-
_x
-x
*
1
1
_x
-1
-1
19
37
8
Total — Commerce Department......................................
4
1
2
6
4
2
505
12
Defense Department:
Military:
Defense production guarantees....................................
Civil:
Construction of power systems, Ryukyu Islands.............
*
1
_x
*
1
_x
3
*
*
■X
-
-
x
1
_x
9
1
-x
12
x
x
_
•X
-
_x
_
*
_x
24
x
x
*
1
4
•X
•X
-X
■X
1
4
-x
-x
1
5
_
_x
2
x
x
*
-1
5
_x
_*
471
51
20 ^
27
4
4
x_*
2
*
x
*
3
3
_*
_*
-X
5
6
2
4
593
8
2
6
; 21
4
1
42
2
1
x
6
19
3
1
36
58
7
2
93
3
5
1
29
55
2
1
65
1,067
3,264
- 524
130
4
5
X
29
4
13
2
85
150
21
15
3
129
-15
210
48
25
3
162
-25
3,920
1,285
8
18
3
114
62
x
9
24
24
9
38
-24
Total — Defense Department....................................
Health, Education, and Welfare Department:
Health Services and Mental Health Administration............
Office of Education:
Higher education activities.......................................
Student loans............................................................
Other.......................................................................
Other..........................................................................
Total — Health, Education, and Welfare Department...
Housing and Urban Development Department:
Federal Housing Administration:
Federal Housing Administration fund............................
College housing loans................................................
Housing for the elderly or handicapped fund................
Low-rent Public Housing Program.................................
Government National Mortgage Association:
Special assistance '(functions......................................
Management and liquidating functions fund...................
Participation sales fund...........................................
4
*
_
- '
5
_
3
_
3
(Continued on following page)
-
-
_
x
T re a s u ry B u lle tin
12
.FEDERAL
FISCAL O P E R A T I O N S
Table FFO-8 Loan Disbursements and Repayments, Net Lending,
and Loan Balances o f Federal Credit Programs - (C ontinued)!/
(In millions of dollars)
Fiscal year 1973
Cumulative to date
August 31, 1972
Classification
Loan
Loan
et
Net
Disburse Repay N
Lending m
ents
ments Lending
Loan
Loan
Disburse Repay
ments
ments
Housing and Urban Development Department — (Continued)
Housing management.......................................................
Community development:
Urban renewal programs...............................................
Rehabilitation loan fund............................................
Public facility loans................................................
-
-*
_*
74
1
3
21
1
*-
54
3
Total — Housing and Urban Development Department.......
300
71
Interior Department:
Bureau of Reclamation...................................................
Other..........................................................................
2
*
Total — Interior Department......................................
3
Transportation Department................................................
Treasury Department.........................................................
General Services Administration.......................................
United States Postal Service............................................
-
3
*
10
1
-
Veterans Administration:
Direct loan program......................................................
Loan guaranty program...................................................
Government life insurance fund.................................... ..
National service life insurance....................................
Other..........................................................................
5
18
*
12
2
Total — Veterans Administration................................
Comparable Period
Fiscal Year 1972
Loan
Loan
Balances Loan
Disburse Repay
End of
ments
ments
Period
Net
Lending
*
_*
17
*
-*
174
2
5
55
1
1
119
1
3
313
171
455
170
7
5
37
*
1
133
7
4
' 230
553
171
382
11,146
397
135
263
•*
-*
2
*
4
*
1
*
3
*
161
58
4
1
*
*
4
1
1
2
4
1
4
218
5
1
4
_
3
-1
10
4
-
5
-4
10
62
7
140
10
2
*
-
2
-
5
*10
-
-
11
51
1
7
1
-6
-33
_*
5
1
9
33
1
21
3
23
83
2
14
1
-15
-51
-1
7
2
1,033
1,144
71
906
58
37
°70
-33
66
124
-57
-
1
-
-1
-
-
1
-
-1
-
1
*
-
-1
-
-
2
*
-
16
7
284
-5
-2
23
8
527
1,384
30
13
514
-2
_*
-6
-5
870
Other independent agencies:
Loans to District of Columbia.......................................
Export-Import Bank of the United States.........................
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation............
Interstate Commerce Commission......................................
National Capital Planning Commission.............................
Small Business Administration:
Business loan and investment fund...............................
Disaster loan fund....................................................
11
5
Total — Loan Account..............................................
811
-
-
*
9
-
-9
-
2
30
1
19
2
19
11
2
16
1
-16
19
-1
3
1
3,212
54
48
6
551
-
125
161
103
-
1
-
1
90
■*
*
-
1,349
625
28,956
29
55
1,304
29
9
949
-1
35
*
_*
1
46
355
<
Source: Bureau of Accounts.
Note:
This table contains the data formerly included in the loan
account classification, -and last published in the June 1972
Preliminary Monthly Statement of Receipts and Expenditures of the
U. S. Government m Section B—The Loan Account of Table III—Budget
Receipts and Outlays. The loan balances presented in this table
are preliminary and may not agree with the later data published
quarterly m Table GA-III-2-Loans Outstanding.
1/ The.loan account/expenditure account distinction was discontinued in
fiscal 1972 pursuant to CMB Circular No. A-ll, Revised, Dated June 12,
1972. Data formerly classified in the "loan account" will be published monthly in the Bulletin for users’ convenience while the
need for such data is being assessed,
13
O ctober 19 72
________ F E D E R A L F I S C A L O P E R A T I O N S _______
Table FFO-9. - D etail o f Excise Tax Receipts
(In thousands of dollars)
Fourth Quarter of
fiscal year ended June 30
Fiscal Year
Type of Tax
1971 1/
(Apr.-June 1971)
1971 1/
Total alcohol taxes................................. 7...................
3,501,538
163,337
1,081,507
4-,74-6,382
3,515,487
177,273
1,107,722
4,800,482
3,760,915
181,223
1,167,863
5,110,001
897,786
43,644
307,181
1,248,611
953,077
43,384
326,952
1,323,413
Tobacco taxes: 2/
Cigars.........................................................................
Cigarettes...................................................................
Other 2 / . / . .................................................................
Total tobacco taxes......................................................
56,834
2,036,101
1,277
2,094,212
54,775
2,149,527
2,282
2,206,585
54,173
2,151,158
1,942
2,207,273
14,173
518,566
595
533,334
14,143
582,242
652
597,038
Documentary and certain other starro taxes 4/....................
220
68
259
33
246
3,430,076
87,510
614,795
1,753,327
659,986
84,069
-5
-30
-94
6,697
-1
-8
*
13,924
-1
*
3,547,678
88,185
593,377
1,695,112
625,290
84,078
129
-10
-7
7,220
1
-30
*
14,303
-12
■*
3,741,160
95,474
681,320
563,223
497,138
94,099
8
_
-41
7,563
-37
-25
-2
13,023
831,706
20,665
138,837
594,179
184,054
20,686
898,438
24,998
161,473
-186,893
25,156
24,086
_
1,936
_
1,556
-37
32,806
5
5
6,683,061
29,484
1
*
6,684,799
_
5,728,657
1,806,100
963,823
1
26
82
-1
_
n.a.
257,712
257,820
_
154
*
-69
4,753
10,918
266,388
282,144
*
6
1
7
8,838
19,381
298,608
326,833
■*
1,717
4,858
68,389
74,964
2,074
4,926
78,539
85,546
-35
-36
206
1,469,562
-21
83
22
1,624,533
-18
-81
-37
1,650,499
250,802
423,082
21,585
25,713
515,269
29,455
42,271
_
Alcohol taxes: 2/
Distilled spirits.........................................................
Wines..........................................................................
Retailers' excise taxes:
Furs 8/.......................................................................
Jewelry, etc. 8/..........................................................
Luggage, etc. 8/..........................................................
Toilet preparations 8/.................................................
Noncommercial aviation gasoline 11/..............................
Noncommercial aviation fuel other than gasoline 12/.......
Diesel and special motor fuels 5/ 13/............................
Total retailers' excise taxes.......................................
Miscellaneous excise taxes:
Admissions to theaters, concerts, etc. 14-/....................
Admissions to cabarets, roof gardens, etc. 14/...............
Club dues and initiation fees 15/.................................
Telephone and teletypewriter exchange service 16/..........
Transportation of:
Persons by air 17/....................................................
Property by air 18/................. ................................
Use of International air travel facilities 19/...............
Use of safe deposit boxes 20/.......................................
Coconut and other vegetable oils processed 21/...............
Sugar..........................................................................
Narcotics and marihuana, including occupational taxes 22/
Coin-operated amusement devices - bowling alleys, pool
tables, etc. 20/.......................................................
Coin-operated gaming devices.........................................
Wagering occupational tax.............................................
Wagers.........................................................................
Use tax on civil aircraft 23/.......................................
Use tax on highway motor vehicles having a "taxable gross
weight" exceeding 26,000 pounds 5/.............................
Adulterated butter and filled cheese (imported and
domestic), process or renovated butter and imported
oleomargarine...........................................................
Firearms transfer and occupational taxes.......................
Interest equalization 24-/.............................................
Foreign insurance.........................................................
Footnotes at end of ta b le .
*
*
*
-
_
_
-17
-30
*•
4,716
-9
*
4,758
_
i—
i
!>
Manufacturers’ excise taxes:
Gasoline 5/.................................................................
Lubricating oil, etc....................................................
Tires, tubes, and tread rubber 5/.................................
Passenger automobiles, chassis, bodies, etc. 6/.............
Trucks and buses, chassis, bodies, etc. 5/....................
Parts and accessories for automobiles, trucks, etc. 7/...
Radio and television sets, phonographs, components, etc,8/
Refrigerators, freezers, air-conditioners, etc. 2/.........
Electric, gas, and oil appliances 8/.............................
Pistols and revolvers...................................................
Phonograph records 8/...................................................
Musical instruments 8/.................................................
Sporting goods (other than fishing rods, creels, etc.) 8/
Fishing rods, creels, etc.............................................
Business and store machines 8/......................................
Electric light bulbs and tubes 10/................................
riiearinS (other than pistols and revolvers), shells and
cartridges.................................................................
Mechanical pencils, pens, and lighters 8/......................
Matches 8/.................................................... ..............
Total manufacturers' excise taxes.................................
1972 1/
1972 1/
(Apr.,-June 1972)
1970 1/
9,360
10,288
_
-
_
-
9
-17
405,062
12
-72
-13
401,030
466
111,670
5,144
8,519
*
_
25'533
301
133,390
7,866
11,212
_
_
33,530
123
-
•X-
113,556
1,853
20
15,183
369
4,572
17,720
115,752
19
14,847
348
4,315
20,375
2
1,017
60
1,437
4,015
14
680
66
1,079
4,005
135,086
145,058
157,279
27,224
31,347
13
91
85,906
8,614
2
122
60,118
9,579
4
161
71,885
15,725
1
"36
29,659
3,267
2
69
32,320
4,540
113,309
2,075
27
14,256
570
4,063
-
(Continued on following page)
14
T re a s u ry B u lle tin
.FEDERAL
FISCAL OPERATIONS.
T able FFO-9. - Detail o f Excise Tax R eceipts - (Continued)
(In thousands of dollars)
19701/
Miscellaneous excise taxes - (continued):
Private foundations:
Net investment income 25/.........................................
Self dealing 26/......................................................
Excess business holding 27/......................................
Taxable expenditures 28/..........................................
Failure to file certain information returns 29/.........
Assessable penalties with respect to annual reports 30/
Total miscellaneous excise taxes...................................
Total received with returns and from sales of stamps.........
Unclassified excise taxes................................................
Total excise taxes..........................................................
Fourth Quarter of
fiscal year ended June 30
Fiscal Year
Type of Tax
19711/
24,589
8
27
1
2,487,773
16,461,851
410,000
16,871,851
-\
2,084,509
15,86^,205
38,059
15,904,2^4
Source: Internal Revenue Service reports. The figures shown include
collections for credit to special accounts for certain island posses
sions . Floor stocks taxes are included with the related classes of
tax.
Negative
figures stem primarily from floor stock credits taken on
1/
certain of. the taxes repealed by the Excise Tax Reduction Act of 1965.
2/ Release showing details are published quarterly.
1/ Chewing, smoking tobacco, and snuff, repealed effective January 1,
1966, (Public Law 89-44).
4/ Issues and transfers of stock and bonds, repealed effective January 1,
1966, (Public Law 89-44). Tax on foreign insurance payable by retunv
on and after January 1, 1966, (Public Law 89-44 and T.D. 6868); Tax
on transfer of interest in silver bullion, repealed effective June 3,
1963, (Public Law 88-36); and Playing cards repealed effective June 22,
1965, (Public Law 89-44).
Collections
reflect the provisions of the Highway Revenue Act of 1956,
5/
approved June 29, 1956 (23 U.S.C. 120 note).
Repealed December 11, 1971 under the Revenue Act of 1971.
1 / Automobile parts and accessories (except truck parts), repealed effec
tive January 1, 1966, (Public Law 89-44).
8/ Repealed effective June 22, 1965, (Public Law 89-44).
9/ Air conditioners, repealed effective May 15, 1965. Refrigerators and
freezers, repealed effective June 22, 1965, (Public Law 89-44).
10/ Sales of light bulbs for incorporation in articles upon T/tiich the
manufacturer's tax was repealed effective June 22, 1965 (e.g. refrig
erators), will be free of tax and after such date. Tax on all other
light bulbs and tubes, repealed effective January 1, 1966, (Public
Law 89-44^.
Under the Airport and Airway Revenue Act of 1970, effective July 1,
11/
1970, rate 3 cents per gallon.
12/
12/
15/
16/
17/
y j
18/
19/
20/
21/
22/
2y
2U
25/
26/
27/
28/
29/
20/
19721/
56,045
45
51
7
*
-X
2,694,682
16,067,705
779,330
16,847,036
1972 1 /
19711/
(Apr.-June 1971) (Apr.-June 1972)
24,589
8
27
1
_
647,563
4,310,605
148,005
4,458,610
32,927
26
5
2
_
694,159
3,664,224
360,203
4,024,428
Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970, rate 7 cents per gallon.
Excludes diesel fuel not for use in highway vehicles.
Repealed effective noon December 31, 1965, (Public Law 89-44).
Repealed effective January 1, 1966, (Public Law 89-44).
Rate of 10 percent extended to December 31, 1972 (Public Law 91-614).
Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970, rate increased from 5 to 8 percent on domestic airline passenger
fares.
Under the Airport and Airway Revenue Act of 1970, effective July 1,
1970, rate 5 percent.
Under the Airport and Airway Revenue Act -of 1970, effective July 1,
1970, tax of $3.00 per person.
Repealed effective July 1, 1965 (Public Law 89-44).
Repealed effective August 31, 1963.
Repealed effective May 1, 1971 (Public Law 91-513).
$25 per year with an additional 2 cents per pound on nonturbine engine
powered over 2,500 pounds, or
cents per pound on turbine engine
powered.
Extended to March 31, 1973 by Public Law 92-9.
4 percent.
Disqualified persons, 5 percent, foundation managers (*if applicable)
lesser of $10,000 or 2j> percent of the amount involved.
5 percent.
Foundation 10 percent, foundation managers (if applicable) lesser of
$5,000 or 2^- percent of the amount involved.
Penalty of $10 per day, not to exceed $5,000.
Penalty of $10 per day, not to exceed $5,000; for willful failure
to file see I.R.C. Sec. 6685 and Sec. 7207.
Less than $500.
O ctober 19 72
15
.FEDERAL OBLIGATIONS,
"Obligations" are the basis on which the use of funds is
controlled in the Federal Government. They are recorded at the
point at which the Government makes a firm commitment to
acquire goods or services and are the fir s t of the four key
events--order, delivery, payment, consumption—which charac
terize the acquisition and use of resources. In general, they
consist of orders placed, contracts awarded, services received,
and similar transactions requiring the disbursement of money.
The obligational stage of Government transactions is a
strategic point in gauging the impact of the Government's
operations on the national economy, since it frequently repre
sents for business firms the Government commitment which
stimulates business investment, including inventory purchases
and employment of labor. Disbursements may not occur for
months after the Government places its order but the order
it s e lf usually causes immediate pressure on the private
economy.
Obligations are classified
according to a uniform set
of categories which are based upon the nature of the trans
action without regard to Its ultimate purpose. All payments
for salaries and wages, for example, are reported as personnel
compensation, whether the personal services are used in current
operations or In the construction of capital items.
Federal agencies and firms often do business with one
another; In doing so, the"buying" agency records obligations,
and the "performing" agency records reimbursements.
In
Table FO-1, obligations that are incurred within the Govern
ment are distinguished from those incurred outside the Govern
ment.
Tables FO-2, 3? and 4 show only those incurred outside.
Obligation data for the administrative budget fund
accounts were fir s t published in the September 1967 Treasury
Bulletin and the trust fund accounts were fir s t published
In the October 1967 Bulletin. Beginning with the April 1968
Bulletin, the data are on the basis of the budget concepts
adopted pursuant to the recommendations of the President’ s
Commission on Budget Concepts.
T re a s u ry B u lle tin
16
.FEDERAL OBLIGATIONS.
Table FO-1. - Gross Obligations Incurred Within and Outside the Federal Government by
Object Class, July 31, 1972
(in millions of dollars)
Gross obligations incurred
Object class
Outside
Personal services and benefits
Personnel compensation....................
Personnel benefits..........................
Benefits for former personnel..........
3,879
279
1,017
Contractual services and supplies
Travel and transportation of persons.
Transportation of things.................
Rent, communications, and utilities..
Printing and reproduction................
Other services................................
Supplies and materials....................
130
169
200
19
2,724
1,384
48
216
95
21
998
631
177
384
295
40
3,722
2,015
Acquisition of capital assets
Equipment.......................................
Lands and structures.......................
Investments and loans......................
916
351
970
92
17
7
1,008
367
977
Grants and fixed charges
Grants, subsidies, and contributions.
Insurance claims and indemnities......
Interest and dividends....................
Refunds..........................................
5,070
5,674
1,426
66
118
633
5,070
5,791
2,058
Other
Undistributed U.S. obligations.........
Obligations incurred abroad.............
Unvouchered....................................
579
67
129
-2,303
708
Gross obligations incurred 1/.............
22,483
3,356
25,839
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
3,879
567
1,017
presentation and therefore may differ somewhat from the Budget
document.)
Gross obligations incurred (as above).................
Deduct:
Advances, reimbursements, other income, etc......
Offsetting receipts.........................................
Net obligations incurred.................................
*
$25,839
4,925
2,699
18,215
Less than $500,000.
Table FO-2. - Gross Obligations Incurred Outside the Federal Government by Major Function
and Major Object Class, July 31, 1972
(in millions of dollars)
Major object class
Personal
services
and
benefits
Contractual
services and
supplies
National defense...............................
3,017
International affairs and finance......
30
3,253
20
Major function
Acquisition of capital assets
Equipment
864
Space research and technology............
42
264
Agriculture and rural development......
63
113
*
3
*-
Natural resources.............................
133
323
13
Commerce and transportation...............
615
130
Community development and housing......
21
6
17
*
Education and manpower......................
41
42
1
Health.............................................
37
125
Income security................................
126
70
1
-*
Veterans benefits and services..........
187
64
10
Interest..........................................
-
General government............................
864
217
Total.............................................
5,175
4,626
*
Less than $500,000.
Lands and
structures
153
*
Investments
and loans
10
1
Grants
and
fixed
charges
23
80
*
Other
Total
537
7,856
34
166
310
3,044
-2,369
1
-*
*
423
78
9
1
59
v2
608
111
536
1
1,418
81
360
78
545
3
X
35
733
1,208
*
-
1,275
820
4,199
-1
*
24
29
663
5
982
6
1
*
1,396
1,396
217
*
1,306
916
351
970
12,235
-1,790
22,483
\
1,406
4,395
Table FO-3. - Gross Obligations Incurred Outside the Federal Government
by Department or Agency, July 31, 1972
(In millions of dollars)
Personal services & benefits
Classification
Legislative Branch 2/..............
The Judiciary.....................
Executive Office of the President....
Funds appropriated to the President:
Military assistance..............
Economic assistance..............
Other...........................
Agriculture Department:
Commodity Credit Corporation.....
Other...........................
Commerce Department................
Defense Department:
Military:
Department of the Army.........
Department of the Navy.........
Department of the Air Force....
Defense agencies....-..........
Civil defense.................
Total military.................
Civil...........................
Health, Education, and Welfare
Department......................
Housing and Urban Development
Department:
Government National Mortgage
Association..................
Other.........................
Interior Department................
Justice Department.................
State Department..................
Transportation Department..........
Treasury Department:
Interest on the public debt......
Other...........................
Atomic Energy Commission...........
Environmental Protection Agency....
General Services Administration....
National Aeronautics and Space
Admini stration...................
United States Postal Service.......
Veterans Administration............
Other independent agencies:
Small Business Administration....
Tennessee Valley Authority.....
Benefits
Personnel Personnel for
benefits former
compen
sation
personnel
1/
9
Rent, com
Travel and
Transpor munications ,
trans
tation
of
and
portation
utilities
of persons things
*
-
3
_
*
*
_
_
-
_
_
-
*
*
-
*
84
98
92
*
3
3
*
105
40
670
810 855
62
*
1
324
274
1
*
5
1
30
30
26
*
_
Printing
and
repro
duction
Other
ser
vices
Sup
plies
and
mate
rials
1
*
REP0R1IS NOT r :
ECEIVED
*
*
1
*
Equip
ment
Lands
and
struc
tures
1
-
*
_
Grants and fixed charges
Invest
ments
and
loans
Grants,
subsidies,
and con
tributions
-
11
_
_
_
_
4
_
_
-
3
_
-
_
*
-
1
11
3
_
_
-
4
18
28
1
*
5
*
31
*
-2,366
-4
-
1
722
909
*
-
2
*
2
4
1
3
2
2
_*
-*
*
295
47
193
-
-
-
“
1
-
537
*
1,70 8
2,310
3,09 9
621
4
7,741
-
_
_
_
_
_
_
_
_
1
-
*
*
21
_
_
-
Ill
312
*
2,883
415
19
10
-
*
_
*
*
1
1
_*
1
*
-1
*
*
6
4
*
*
2
2
*
3
20
10
4
68
15
2
*
-
2
3
5
*
5
38
31
22
35
34
*
7
3
348
723
836
40
120
209
119
18
13
*
*
1
435
149
*
4
295
546
4
*
*
*
To tal
gross
obliga
tions
incurred
*
-
*
*
*
Obliga
Untions in
vouchcurred
ered
abroad
-
-
*
*
*
Other
Insurance
Undistrib
Interest
uted U.S.
claims
and
Refunds obliga
and indem
dividends
tions
nities
l£-
'*
57
*
*
325
87
100
121
10
1,948
913
849
150
10
3
8
6
2
*
_
1
*
*
*
*
_
.
165
469
4,094
-
-
-1
-
-
4,765
1
2,397-
Acquisition of
capital assets .
Contractual services and supplies
1
-
2
38
_
*
2
*
2
*
55
7
4
56
101
-
*
4
1
4
*
52
3
1
*
35
. ....
W
d
a
w
$
8
e
19
55
30
78
18
113
99
10
38
41
417
185
4
*
*
*
-
6
-
-
-
-
_
-
1
*
3
1
*
3
2
1
2
*
*
1
2
5
1
2
*
9
5
*
-
*
*
1
1
*
3
-
*
*
2
1
37
-
-
3
1
*
*
*
*
9
1
2
5
23
45
*
3,879
279
'
*
685
1,0 1 7
-
-
3
130
1
1
169
2
4
-
21
5
14
4
200
*
*
*
*
*
*
3
2
5
31
2
4
6
*
*
8
5
5
*
1
*
9
20
-
*
*
12
81
18
1
*
*
9
-1
-
3
*
1
10
69
*
*
*
*
-
231
79
493
492
*
*
-
-
1,383
-
11
*
*
*
_
-
_
*
_
-
-
_
-
_
-
230
1
*
*
-
68
*
-
-1
1
-
685
-
-
1,383
-
*
-
131
2
208
121
as
65
58
*
103
17
5
4
-
1
_
-
*
*
253
3
23
3
*
33
3
1
-1
*
*
-
-
-
1
1
-
-
-
-
474
24
29
100
564
-
-
-
5
-
980
111
*
514
-
18
-
10
-1
-
-
*
2
204
-
6
-
263
1,633
970
5,070
5,674
1,426
-2,369
579
*
22,483
-
*
*
209
4
*
3
3
148
2
*
3
*
19
2,724
1,384
916
351
Source:
Reports on Obligations, Standard Forms 225, from agencies.
Note:
Agency shifts are shown in this table beginning with the period of such shifts. The amounts for the com
plete fiscal year are adjusted at that time.
1/ For purposes of this report this object class is considered as totally within the Federal Government except
/
2/
*
-
-
7
.
66 ,
s
o
*
*
'
o
207
42
809
1
12
*
*
330
-
*
14
-
6
1
10
*
329
30
3
*
*
-
-
12
101
-
310
120
for the Department of Defense and Transportation Department, U.S. Coast Guard.
Includes reports for Library of Congress, Government Printing Office, and General Accounting Office only.
Less than $50°>0°0*
HH
CO
Oo
Table FO-4. - Gross Obligations Incurred Outside the Federal Government
Comparative Statement by Months
(In millions^of dollars)_________
Fiscal year 1972 1/
Object Class
National defense:
Personal services and benefits:
Personnel compensation....................
Personnel benefits..........................
Benefits for former personnel..........
Contractual services and supplies:
Travel and transportation of persons,
Transportation of things............. .. ,
Rent, communications, and utilities.,
Printing and reproduction...............
Other services.............................. .
Supplies and materials....................
Acquisition of capital assets:
Equipment..................................... .
Lands and structures.......................
Investments and loans.................... .
Grants and fixed charges:
Grants, subsidies, and contributions,
Insurance claims and indemnities....,
Interest and dividends....................
Refunds........................................ .
Other:
Undistributed U.S. obligations....... .
Obligations incurred abroad............
Unvouchered...................................
Total national defense....................
Non-defense:
Personal services and benefits:
Personnel compensation...................
Personnel benefits........................
Benefits for former personnel.........
Contractual services and supplies:
Travel and transportation of persons,
Transportation of things.................
Rent, communications, and utilities.
Printing and reproduction.............. .
Other services..............................
Supplies and materials...................
Acquisition of capital assets:
Equipment..................................... .
Lands and structures......................
Investments and loans.................... .
Grants and fixed charges:
Grants,subsidies, and contributions.
Insurance claims and indemnities....
Interest and dividends...................
Refunds........................................
Other:
Undistributed U.S. obligations....... .
Obligations incurred abroad.............
Unvouchered..................................
Total non-defense..........................
Grand total..................................
July
Aug.
Sept.
Oct.
Nov.
2,129
220
343
1,963
209
313
2,030
214
1,960
211
329
107
9
1,935
981
116
101
10
1,574
1,012
69
149
96
6
1,286
952
31
107
8
1,243
1,086
78
1,125
71
1
750
100
1,050
97
1,473
2,171
216
283
123
6
2
7
1
320
13
4
5
4
1,666
1,270
81
1
Feb.
Jan.
Dec.
May
June p
July
2,453
379
2,417
274
325
101
126
10
2,014
913
2,138
247
2,058
238
341
2,138
189
292
67
92
125
12
1,515
1,152
99
124
90
7
780
716
25
30
96
7
1,330
1,097
74
68
108
8
1,028
1,107
56
98
102
20
948
1,025
120
116
19
1,638
1,036
1,6
108
1,208
220
1,003
152
867
160
631
135
1,975
226
3
10
4
1
2
5
4
14
3
9
10
7
2
4
5
10
11
7
6
19
1
757
3
342
537
8,672
7,856
2,364
228
318^
76
83
108
6
1,497
1,223
1,162
2
2
4
2
Apr.
Mar.
2,037
232
293
2,004
228
318
2
6
5
23
FY 1973
223
153
10
*1
H
8
5
-1
663
577
1
527
554
-1
535
1
538
469
687
575
7,788
7,040
6,745
7,246
7,196
7,348
8,152
6,511
7,093
6,672
6,414
1,621
4
564
1,527
4
1,500
4
40
1,479
5
153
1,520
5
43
1,581
5
1,728
4
45
5
27
2,221
4
48
1,570
4
79
1,662
4
71
1,710
5
746
1,461
5
691
46
113
84
52
741
503
41
80
81
14
610
261
45
74
85
17
458
52
79
82
19
634
394
43
73
91
16
662
406
38
132
83
12
574
343
40
92
90
18
656
354
44
95
83
8
604
413
39
151
106
21
705
525
47
118
87
17
537
281
48
104
81
12
447
442
51
120
82
26
1,166
828
41
68
74
9
710
471
45
202
1,493
253
2,043
85
169
1,888
94
279
1,427
50
303
2,266
76
215
2,106
59
187
1,124
85
235
1,250
137
186
1,912
111
202
706
97
113
1,695
278
613
2,579
52
197
961
4,942
5,289
1,359
30
3,530
5,574
1,567'
92
4,767
5,305
1,194
74
2,866
5,256
1,443
68
3,152
5,456
1,526
26
4,663
5,668
1,426
82
2,805
5,613
1,457
48
1,591
5,791
1,371
27
3,893
6,003
1,412
163
3,265
6,193
1,428
100
3,605
6,050
1,327
94
8,759
6,509
1,289
96
1,420
-1,351
44
1
-941
48
1
190
47
-1
-64
52
73
83
-214
54
-144
40
-97
31
3,197
55
-1
306
55
1
72
-124
81
1
-2,369
42
15,781
14,978
16,342
14,318
15,793
16,852
14,215
13,173
20,775
15,108
15,993
24,814
14,627
22,989
24,200
22,368
27,869
21,781
22,407
33,486
22,483
o
-w
- V
-i
'O
23,569
22,018
l / Adjusted to exclude Export-Import Bank beginning Aug. 17, 1972. *
23,087
21,564
Less than $500,000. p
f
Preliminary.
19,684
5,066
5,666
60
5
HH
o
as
CG
MEMORANDUM
*
Export-Import Bank of the United States
Gross Obligations Incurred Outside and Within
the Federal Government by^Months
Obligation data for Export-Import Bank from August 17, 1971, to June 30, 1972, are shown in
the following table for users ' convenience. Pursuant to Public Law 92-126, transactions of the
h-*
VO
Bank: were removed from the budget totals effective August 17, 1971. The regular tables have all been
revised to exclude obligations incurred by Export-Import Bank after August 16, 1971.
(In millions of dollars)
Fiscal year
or month
Personal services
Acquisition of
and benefits assets personnel compensation capital
investments and loans
Outside
Within
Outside
Within
Grants and fixed charges
Insurance claims
and indemnities
Outside
Within
Deduct
Interest and
dividends
Other - Undistributed
U.S. obligations
Total obligations
incurred
Outside
Within
74
87
2,694
Outside
Within
Outside
Within
Gross
obliga
tions
incurred
Advances,
reimburse
Offsetting
ments,
other in receipts
come, etc
Net
obliga
tions
incurred
*1
M
1972...................
2,427
186
1971-August 17-31.
136
-190
4
-52
4
-47
112
-160
September....
167
16
9
191
9
200
169
31
October.......
187
28
11
220
11
231
121
1
109
November......
113
27
10
146
10
156
170
2
-16
a
>
331
56
9
394
9
402
216
45
141
HH
o
469
-20
9
456
9
465
263
2
201
CO
February......
467
-18
6
459
6
465
263
2
200
March..........
-234
138
8
-91
-82
125
*
-208
April..........
165
39
7
212
220
68
1
151
2,782
1,9
95
702
d
W
*
December......
1972-Januar y
*
May.............
472
-15
7
466
474
165
4
304
June.........
156
124
7
291
298
313
37
-51
July...........
436
12
458
465
248
O
W
C
217
Less than $500,000.
VO
20
T re a s u ry B u lle tin
.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 ITE D S T A T E S
S o u rce and A v a ila b ility o f the B alance in the T re a su re r’ s A ccou n t
The working cash of the Treasury is held mainly in
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
loan accounts with thousands of commercial banks throughout
customers.
the country.
leave funds in banks and in the communities in which they arise
Deposits to tax and loan accounts occur in the normal
Treasury, banks are permitted to deposit in these accounts
The tax and loan account system permits the Treasury to
until such time as the Treasury needs the funds for its opera
course of business under a uniform procedure applicable to all
banks whereby customers of banks deposit with them tax pay
tions.
ments and funds for the purchase of Government securities.
economy.
In this way the Treasury is able to neutralize the
effect of its fluctuating operations on bank reserves and the
A detailed description of the Treasury’ s depositary system
In most cases the transaction involves merely the transfer of
money from a customer's account to the tax and loan account in
may be found in the Annual Report of the Secretary of the
the same bank.
Treasury for 1955? pages 275-284.
On occasions, to the extent authorized by the
T able TUS-1. - Status o f the Account of the Treasurer o f the U nited States
Treasury operating balance l /
Available funds in
demand accounts at:
End of
fiscal year
or month
Federal
Reserve
Banks
Special
depositaries,
Treasury Tax
and Loan
Accounts
1963.........................
1964.........................
1965.........................
1966.........................
1967.........................
1968.........................
1969.........................
1970.........................
1971.........................
1972.........................
1970-Dec...................
806
939
672
766
1,311
1,074
1,258
1,005
1,274
2,344
1,156
10,324
9,180
10,689
10,050
4,272
4,113
4,525
6,929
7,372
7,634
6,834
1971-Sept..................
Oct..............................................
Nov..............................................
Dec...................
1972-Jan..............................................
Feb..............................................
Mar.............................................
Apr..............................................
May..............................................
June.................
2,102
1,876
1,996
7,763
4,667
2,223
9,173
8,118
6,075
6,391
9,724
7,420
7,634
6,547
3,025
8,105
Aug..............................................
Sept..........................................
2,020
2,860
884
1,293
1,871
2,144
2,344
2,298
1,730
1,395
Other
deposi
taries 2/
_
-
139
-
-
135
135
2
136
136
139
144
222
259
(In millions of dollars!
Funds in process !
of collection
through:
Time deposits
and other
depositary
accounts
Federal
O
ther
Total Reserve
deposi
Banks
taries 2/
11,251
10,238
11,469
10,917
5,695
5,298
5,894'
8,045
8,755
10,117
8,099
342
234
233
370
577
352
393
355
419
252
241
9,978
6,655
4,331
307
296
11,306
11,112
7,094
7,685
ll,732r
9,700
10,117
8,988
4,976
9,759
232
244
347
290
272
733
243
252
246
159
259
Source: Daily Treasury statement.
1/ Effective January 1972, the Treasury operating balance excludes the
gold balance in Treasury.
2/ Represents deposits in certain commercial depositaries that have been
converted from a time deposit to a demand deposit basis to permit
greater flexibility in Treasury cash management.
_
-
179
_
-
137
71
106
283
99
179
67
62
155
/
Coin,
currency,
and coinage
metal
Miscel
laneous
items
Gold
balance
V
Balance in
account of
Treasurer
of the
United
States
313
360
320
252
266
190
158
218
187
54
92
136
145
534
775
1,159
768
553
277
441
471
243
74
58
55
93
62
86
104
121
108
129
93
120
120
108
102
112
111
112
111
109
107
109
12,116
11,036
12,610
12,407
7,759
6,694
7,104
9,016
9,911
11,310
8,769
305
( 215
209
229
437
466
427
424
462
469
510
497
475
471
449
412
459
72
80
101
126
113
113
113
113
113
113
113
113
107
107
107
107
107
11,099
7,714
5,301
12,329
12,303
8,153
68
65
51
63
39
54
66
45
58
64
51
107
123
46
129
45
50
94
8,844
13,543
10,708
11,310
9,967
5,809
10,891
1/ Represents funds in process of collection by (a) the Treasurer, U. S.
and (b) commercial banks which have been authorized to defer credit
until checks are collected. Data prior to January 1972 included in
Miscellaneous items column.
L j Tiie free gold balance can be readily converted to available funds with
Federal Reserve banks.
O ctober 1 9 72
21
___ A CCO U N T OF TH E T R E A S U R E R OF T H E U N IT E D S T A T E S _____
Table TUS-2. - Analysis o f Changes in Tax and Loan Account Balances
(In millions of dollars)
Credits
Proceeds from sales of securities 1/
Savings
bonds
and
savings
notes 2/
Retire
ment
plan and
tax and
loss
bonds j /
1963.................
1964.................
1965.................
1966.................
1967.................
1968..................
1969.................
1970.................
1971..................
1972..................
2,699
2,760
2,635
2,704
2,783
2,673
2,599
2,573
2,844
3,309
*
2
1
1
5
4
5
5
5
1971-Sept..........
Oct............
Nov............
Dec............
1972-Jan............
Feb............
Mar............
Apr............
May............
June..........
July..........
Aug............
Sept..........
238
232
247
257
314
310
320
315
309
235
264
254
1
*
*
1
*
*
1
1
_
1
Fiscal year
or month
224
Tax
antici
pation
securities
2,963
2,340
7,368
7^643
9,538
10,408
13,043
6,954
6,443
4,711
_
L
_
-
Balance
During period
Taxes
Other
Withheld,
excise,
and cor
poration 4/
3,830
2,014
1,627
1,173
9,576
5,417
3,640
12,421
9,369
41,267
43,580
42,475
48,478
70,524
90,791
123,906
132,460
131,121
145,797
1,218
1,947
_
1,522
1,722
1,740
_
-
12,112
9,131
9,902
13,605
10,160
11,394
15,391
14,002
12,475
17,160
11,476
12,044
15,512
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.
2 / Retirement plan bonds first offered for sale as of January 1, 1963;
tax and loss bonds first issued in March 1968.
i j Taxes eligible for credit consist of those deposited by taxpayers in
Total
credits
With
drawals
6,835
9,921
12,598
14,522
9,257
-
57,595
58,277
60,050
74,699
91,382
112,583
142,333
151,721
153,346
164,920
56,085
59,421
58,540
75,338
97,160
112,741
141,921
149,317
152,900
164,645
10,324
9,180
10,689
10,050
4,272
4,113
4,525
6,929
7,372
7,634
10,324
10,257
10,872
11,274
9,979
8,004
9,720
7,990
8,532
10,251
_
-
13,570
11,311
10,149
18,575
10,474
11,700
' 17,234
16,038
14,526
17,395
11,740
12,298
15,737
14,216
14,403
12,593
11,622
11,522
13,745
16,917
12,704
16,825
17,184
12,831
15,817
10,659
7,763
4,667
2,223
9,173
8,118
6,075
6,391
9,724
7,420
7,634
6,547
3,025
8,105
7,907
6,803
4,159
Income (by
special
arrange
ment) 5/
End of
period
High
10,242
8,175
7,562
8,318
9,724
10,251
7,638
7,273
5,945
8,133
Low
Average
2,535
1,577
1,844
447
710
1,029
709
894
1,737
5,325
4,747
5,431
4,324
3,775
4,191
4,329
4,022
5,146
5,648
4,122
2,372
1,765
1,737
4,489
3,048
4,146
3,617
7,420
2,271
3,214
2,337
800
6,043
4,205
2,737
5,312
6,145
5,667
6,256
5,851
9,169
4,908
5,653
3,794
3,834
846
vthe depositary 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 corporation income taxes beginning
April 1967; all corporation income taxes due on or after March 15, 1968;
and FUTA taxes beginning April 1970.
5/ Under a special procedure begun in March 1951, authorization was given
during certain periods for income tax payments, or a portion of them
made by checks of $10,000 or more drawn on a special depositary bank,
to be credited to the tax and loan account in that bank. This proce
dure was discontinued in April 1967.
* Less than $500,000.
Treasury Bulletin
22
_________________________ 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 ITE D S T A T E S ____________________________
T able TUS-3. - Summary o f Cash Transactions through the A ccount
o f the T re a su re r o f the U n ited S tates
(in millions of dollars)
Net cash transactions other than borrowing
Deposits and withdrawals (budget
and other accounts)
Clearing Total net
accounts transactions
Cash
Cash with
Excess of deposits,
£/
deposits drawals 1/
or withdrawals (-)
Fiscal year
or month
1963................................
1964................................
1965................................
1966................................
1967................................
1968................................
1969................................
1970................................
1971................................
1972................................
114,454
121,562
125,464
141,095
163,036
165,086
201,735
209,924
205,961
228,285
118,477
124,047
126,395
142,191
164,591
184,581
201,491
223,648
229,353
244,880
-4,023
-2,485
-931
-1,095
-1,555
-19,495
243
-13,723
-23,393
-16,594
1971-Sept.........................
Oct..........................
Nov.................... i...
Dec..........................
1972-Jan..........................
Feb..........................
Mar..........................
Apr..........................
May..........................
June.........................
July.........................
Aug....... „.................
Sept.........................
20,660
14,308
15,307
19,874
17,160
22,171
19,088
21,378
22,741
18,978
17,622
22,213
21,103
21,801
26,842
17,9^8
786
-2,852
- 6,864
926
-1,668
-5,801
-941
6,556
-2,098
5,480
-5,391
-7,330
5,324
20,014
19,711
16,940
18,038
24,178
20,115
26,583
16,410
19,511
23,301
59,222
66,621
-7,398
Fiscal 1973 to date..........
Source:
Daily Treasury statement. Figures in the first four columns may
differ somewhat from those originally published in the daily Treasury
statement because of subsequent reclassification of certain transactions.
Plus: Net cash borrow
ing, or repayment of
borrowing (-)
1,039
-2,984
-3,975
-1,515
-2,171
-901
-21,590
-1,684
-12,167
-21,571
-22,226
4,670
2,895
3,089
1,968
-3,747
20,525
2,094
14,079
22,466
23,625
993
-2,499
1,809
-2,288
1,184
1,370
-2,174
109.
-494
-2,421
*
2,692
-475
1,779
-5,351
-5,055
-1,362
-1,149
1,966
2,642
8,390
458
282
3,806
-1,966
-244
-2,457
4,049
480
232
-1,491
-584
-1,075
654
-2,095
-1,928
1,556 >
1,822
-5,632
Equals: Treasurer' s
account balance, in
crease, or decrease (-)
1,686
-1,080
1,575
-203
- 4,648
-1,065
409
1,912
895
1,399
630
-3,385
-2,413
7,028
-484
-26
-4,431
-4,150
-3,115
691
4,700
6,665
-2,592
-2,836
602
3,059
-5,391
-1,342
-4,638
-4,158
4,849
5,081
4,762
2,218
-5,180
-419
1/ Beginning with the February 1963 Bulletin, figures have been revised,
as shown in the daily. Treasury statements beginning January 2, 1963,
to exclude transactions of clearing accounts,
2/ Previously included under cash withdrawals. See footnote 1.
T able TUS-4. - Gold Assets and L iabilities o f the Treasury
(In millions of dollars)
End of calendar year or month
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer's account
15,513
15,388
13,733 2 /
13,159
11,982
10,367
10,367
10,732
10,132
15,393
15,231
13,626
13,041
11,870
10,256
10,256
10,623
10,019
120
157
107
118
112
111
112
109
113
10,132
10,132
10,132
10,132
10,132
9,588
9,588
9,588
10,019 '
10,019
10,019
10,019
10,019
9,475
9,475
9,475
10,303
10,303
10,303
113
113
113
113
113
113
113
113
107
107
107
107
107
Gold assets 1/
1968............................................................................................
1969............................................................................................
1971..........................................................................................
1971-Sept....................................................................................
1972-Jan.................................................................................... .
Feb....................................................................................
Mar....................... ............................................................ .
Apr.................................................................................... .
May....................................................................................
June...................................................................................
10,410
Aug......................................................................................
Sept....................................................................................
10,410
10,410
10,410
Source:
Circulation Statement of United States Money 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 2 /
Banks, the gold certificates fund - Federal Reserve System, and gold
deposited by and held for the International Monetary Fund. Prior to
March 1968 also includes (1) reserve of $156 million against United
10,410
10,303
10,303
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 March 18, 1968, this fund was combined with gold
certificate fund - Federal Reserve System).
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 (70 Stat. 119) was made on June 30, 1965
O ctober 1 9 72
23
____ M ONETARY STATISTICS____
Table MS-1. - M oney in Circulation
End of
fiscal year
or month
(In millions of dollars except per capita figures)
Currencies no longer issued
Federal
Reserve
bank
notes
National
bank
notes
1970-Dec.....................................
78
73
68
64
61
59
57
55
54
53
55
37
36
22
21
21
21
20
20 ,
20
20
20
20
19
13
4
4
4
4
4
4
4
4
1,847
1,723
829
582
395
225
223
220
218
215
219
1971-Aug.....................................
Sept...................................
Oct.......... .........................
Nov.....................................
Dec....................................
1972-Jan....................................
Feb....................................
Mar....................................
Apr....................................
May....................................
June...................................
July...................................
Aug....................................
54
54
53
53
53
53
53
53
53
53
53
52
52
20
20
20
20
20
20
20
20
20
20
20
20
20
4
4
4
4
4
4
4
4
4
4
4
4
4
217
217
217
217
216
216
216
216
216
215
215
215
215
1967..........................................
End of
fiscal year
or month
1965..........................................
1967..........................................
1968..........................................
1970..........................................
1971..........................................
1972..........................................
1970-Dec....................................
Gold
certifi
cates 2/
Silver
certifi
cates
Federal
Reserve
notes ji/
Currencies presently
jLotsueu ±/
Treasury
notes of
1890
United
States
notes
18
18
4
1
1
1
1
1
1
1
1
*
*
*
*
*
-X
*
*
*
*
*
319
321
1
1
1
1
1
1
1
1
1
1
1
1
1
*
*
*
*
*
■*
*
*
*
*
*
*
*
Coin
303
300
299
294
297
321
320
309
32,592
34,529
36,058
38,290
40,071
42,331
45,146
48,223
51,922
55,184
50,812
322
321
321
321
,321
321
321
320
321
320
320
320
320
51,750
51,625
52,011
53,306
53,678
52,041
52,369
52,914
53,019
54,120
54,572
54,771
55,037
52,367
52,241
52,627
53,922
54,293
52,655
52,983
53,528
53,633
54,733
55,184
55,383
55,649
302
Dollars
Fractional
coin
Total
4H
482
482
482
482
482
482
482
482
633
482
2,466
2,723
3,180
3,782
4,160
4,827
5,308
5,646
5,990
6,383
5,800
2,878
3,205
3,662
4,264
4,641
5,309
5,790
6,128
6,472
7,016
6,281
35,470
37,734
39,720
42,554
44,712
47,640
50,936
54,351
58,393
62,201
57,093
482
6,055
482
6,074
482
6,107
545
6,170
566
6,209
581
6,193
598
6,214
611
6,249
618
6,285
626
6,343
633
6,383
638
6,414
644
6,451
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.
J/ Issued prior to July 1, 1929.
Lj
5/
6/
7/
*
Total
currencies
30,274
32,338
34,820
37,315 ,
39,289
41,722
44,547
47,626
51,304
54,572
50,204
Total
money m
circula
tion 5/
1971-Aug....................................
Sept...................................
Oct....................................
Nov....................................
Dec....................................
1972-Jan....................................
Feb....................................
Mar....................................
Apr....................................
May....................................
June......................
July...................................
Federal
Reserve
notes i j
Money in
circulation
per capita
(in dollars) 6/
187.30
196.41
204.14
216.10
224.55
236.82
250.65
265.39
282.03
297.84
277.13
6,537
58,904
284.OOr
6,556
58,797
283.27
6,589
59,216
285.05
60,636
6,714
291.65
61,068
6,775
293.52
6,774
59,429
285*48
6,812
59,795
287.05
6,860
60,388
289.71
6,902
290.26
60,535
6,969
61,702
295.61
7,016
62,201
297.84
298.76
62,435
7,052
300.01
62,744 7/
7,095
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.
24
T re a s u ry B u lle tin
FEDERAL DEBT
Table FD-1. - Summary of Federal Debt
(In m illions o f d ollars)
Securities held by:
Total outstanding
End of
fiscal year
or month
Government accounts
Agency
securi
ties
56,345
59,210
61,540
64,784
73,819
79,140
87,661
97,723
105,140
113,559
99,685
Public
debt
securi
ties
55,638
58,598
61,071
64,316
71,809
76,138
84,815
95,170
102,888
111,460
97,091
IMF &Inter
national
lending or
ganizations
1/
707
611
469
468
2,010
3,001
2,846
2,553
2,251
2,100
2,594
3,176
3,581
3,455
3,810
3,328
2,209
825
825
825
825
825
109, 58lr
108,757
107,066
107,153
108,466
106,589
108,325
107,739
107,715
111,213
113,559
114,962
117,618
107,303r
106,491
104,680
104,747
106,045
104,447
106,164
105,532
105,534
109,055
111,460
112,785
115,410
2,278r
2,266
2,387
2,406
825
825
825
825
825
825
825
825
825
825
825
825
825
Total
Public
debt
securi
ties
Agency
securi
ties
Total
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
1972 p......
1970-Dec...
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
410,292
438,154
401,648
305,860
311,713
317,274
319,907
326,221
347,578
353,720
370,919
398,130
427,260
389,158
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
12,489
1971-Aug...
Sept..
Oct...
Nov...
Dec...
1972-Jan...
Feb...
Mar...
Apr...
May, „,
June p,
July...
Aug----
-425,8l4r
422,988
422,704
425,380
435.175
433,432
435,169
438,378
436,295
439.175
438,154
443,287
446,876
414,592
412,268
411,934
414,620
424,131
422,862
424,032
427,344
425,304
427,912
427,260
432,384
435,439
11,223
10,720
10,770
10,760
11,044
10,570
11,137
11,034
10,991
11,263
10,894
10,903
11,437
Source:
Daily Treasury statement and monthly statement of receipts and
outlays of the Government (Prior to fiscal 1973, monthly statement of
receipts arid 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
2,422
2,142
2,161
2.207
2,180
2,158
2,100
2,177
2.208
The public 2/
Agency
securi
ties
254,461
257,553
261,614
264,690
267,529
290,629
279,483
284,880
304,328
323,770
301,138
Public
debt
securi
ties
247,046
249,533
252,748
251,782
251,084
269,231
268,080
274,924
294,417
314,976
291,242
315,408
313,406
314,812
317,402
325,884
326.018
326.019
329,814
327,755
327,137
323,770
306,464r
304,952
306,429
309,048
317,261
317,590
317,042
320,987
318,945
318,032
314,976
327,499
328,433
318,773
319,205
8,944r
8,454
8,383
8,354
8,622
8,428
8,977
8,827
8,810
9,105
8,794
8,726
9,229
Total
7,416
8,020
8,866
12,909
16,445
21,398
11,403
9,956
9,911
8,794
9,895
recognition of U.S. Government subscription commitments. Since June 1965
letters of credit have been issued in lieu of the special notes. All out
standing notes have been converted to letters of credit with the exception
of those for IMF.
2/ Includes holdings of Federal Reserve banks.
Preliminary.
r Revised.
P
T able FD-2. Computed Interest Charge and Computed Interest Rate on Interest-Bearing Public Debt
(Dollar amounts in millions)
Total
interestbearing
public
debt
Computed
annual
interest
charge
1963.........................
1964.........................
1965.........................
1966.........................
1967.........................
1968.........................
1969.........................
1970.........................
1971.........................
1972.........................'
1970-Dec...................
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
387,252
10,119
10,900
11,467
12,516
12,953
15,404
17,087
20,339
20.254
21,545
21,210
1971-Sept.................
Oct...................
Nov...................
Dec...................
1972-Jan...................
Feb...................
Mar...................
Apr...................
May...................
June.................
July..................
Aug...................
Sept...................
410,450
410,181
412,733
422,308
421,090
422,090
425,536
423,535
426,108
425,360
430,577
433,572
432,127
21,748
21,654
21,584
21,853
21,513
21,313
21,334
21,364
21,519
21,545
21,935
22,427
22,565
End of
fiscal year
or month
Footnotes at end of Table FD-8.
Total
interestbearing
public
debt
Computed annual interest rate
Marketable issues
Total
Bills
1/
Certifi
cates
3.360
3.560
3.678
3.988
4.039
4.499
4.891
5.557
5,,141
5.093
5.520
3.425
3.659
3.800
4.134
4.165
4.757
5.232
5.986
5,210
5.099
5.803
3.081
3.729
4.064
4.845
4.360
5.7116.508
7.340
4..516
4.188
6.150
3.283
_
4.851
5.250
_
5.332
5.312
5.262
5.207
5.140
5.079
5.042
5.073
5.078
5.093
5.122
5.202
5.252
5.462
5.442
5.374
5.290
5.197
5.110
5.051
5.070
5.069
5.099
5.131
5.254
5.314
5.151
5.08'k.
4.961
4.763
4.507
4.280
4.157
4.156
4.172
4.188
4.279
4.417
4.566
-
-
-
-
-
Notes
Treasury
bonds
Non
market
able
issues 2 jt
Special
issues
3.921
3.854
3.842
4.321
4.764
5.294
5.668
6.420
6,,519
6.312
6.704
3.344
3.471
3.642
3.655
3.686
3.681
3.722
3.762
3.,759
4.018
3.742
3.412
3.462
3.493
3.713
3.745
3.876
3.979
4.327
4_.608
4.636
4.537
3.003
3.238
3.372
3.693
3.854
4.133
4.555
5.235
5_.375
5.475
5.407
6.492
6.477
6.367
6.367
6.367
6.331
6.331
6.324
6.312
6.312
6.312
6.334
6.343
3,-807
3.807
3.854
3.855
3.856
3.954
3.955
3.956
3.980
4.018
4.019
4.235
4.253
4.722
4.682
4.642
4.614
4.589
4.551
4.544
4.607
4.634
4.636
4.702
4.714
4.776
5.484
5.477
5,469
5.471
5.454
5.447
5.458
5.514
5.504
5.475
5.475
5.485
5.504
25
O ctober 1 9 72
.FEDERAL DEBT.
Table FD-3. - Interest-Bearing Public Debt
(In m illions of d ollars)
Public issues
End of
fiscal year
Total
interest- Total
bearing
public
issues
public
debt
257,153
260,729
264,463
264,311
266,131
284,874
284,940
292,702
313,505
335.762
309,146
Nonmarketable
Marketable
Certif Notes
icates
203,508
206,489
208,695
209,127
210,672
226,592
226,107
232,599
245,473
257,202
247,713
47,230
50,740
53,665
54,929
58,535
64,440
68,356
76,154
86,,677
94.648
87,923
196 3
196 4 .
1^65.......
1966.......
196 7 .
196 8 .
196 9 .
197 0 .
197 1
197^.......
1970-Dec.
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425.360
387,252
1971-Sept,
Oct.,
Nov.,
Dec.,
1972-Jan.,
Feb.,
Mar.,
Apr.,
May.
June.
July,
Aug.,
Sept
410,450 324,490 249,931 88,644
410,181 325,849 252,240 89,028
412,733 328,378 254,456 89,829
422,308 336,652 262,038 97,505
421.090 336,939 261,918 97,517
422.090 336,495 261,215 98,122
425,536 340,633 265,380 102,371
423,535 340,399 262,989 98,321
426,108 339,470 261,924 98,094"
425.360 335.762 257,202 94.648
430,577 339,570 257,717 95,234
433,572 339,926 258,095 96,241
432,127 339,821 257,720 96,363
Treasury
bonds
52,145 81,964
67,284 88,464
52,549 102,481
1,652 50,649 101,897
5,610 49,108 97,418
71,073 91,079
78,946 78,805
93,489 62,956
10.4,807 53,989
113,4i9 49.135
101,227 58,563
22,169
109,473
111,462
113.964
113.965
113,964
112,911
112,935
114,680
113.419
113.419
113.420
115,668
115,667
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 indebted
ness; Treasury bonds from October 1962 - April 1967; and Treasury
notes beginning November 1966 issued and payable in designated foreign
currencies.
51,814
51,750
50,664
50,568
50,436
50,182
50,073
49,988
50,411
49.135
49,064
46,186
45,689
2/
Treasury
Depos Foreign
bonds
U.S.
series
Total savings invest itary securi
bonds ties 1/
bonds
ment
series
53,645 48,314
54,240 49,299
55,768 50,043
55,183 50-, 537
55,459 51,213
58,282 51,712
58,833 51,711
60,103 51,281
68,032 53,003
78,560 55.921
61,434 51,842
3,921
3,546
3,256
2,692
2,589
2,516
2,459
2,387
2,347
2,310
2,370
103
103
59
44
45
30
28
25
23
22
24
53,616
53,831
54,062
54,275
54,484
54,755
55,075
55,349
55,658
55.921
56,188
56,457
56,698
2,337
2,321
2,321
2,320
2,320
2,316
2,314
2,312
2,311
2,310
2,309
2,308
2,308
22
22
22
22
24
24
25
25
22
74.559
73,609
73,922
74,614
75,021
75,281
75,254
77,410
77,545
78.560
81,853
81,831
82,101
22
22
22
648
392
1,132
817
624
2,001
1,703
3,389
7,606
16,913
4,331
14,230
14,144
14,293
14,738
14.703
14.703
14,456
16,332
16,162
16,913
20,039
19,728
19,745
Special
Foreign
currency Other issues
series
securi 2 /
ties 2/
630
832
1,137
957
890
1,740
2,367
1,366
2.072
1,366
29
68
141
137
97
282
564
1,656
3,389
1,322
1,500
44,801
46,627
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89.598
78,106
2,005
2,008
2,008
2,013
2.147
2.148
2.072
2.072
2.072
2.072
1,999
2,000
2,001
2,348
1,284
1,217
1,246
1,343
1,333
1,312
1,321
1,320
1,322
1,297
1,316
1,328
85,961
84,332
84,355
85,656
84,151
85,595
84,902
83,137
86,638
89.598
91,007
93,646
92,307
1,664
Includes Treasury bonds, Rural Electrification Administration series
beginning July I960; retitement plan bonds beginning January 1963;
Treasury certificates beginning June 1963; Treasury certifcates euro
dollar series from April 1971-September 1971; Treasury bonds beginning
January 1964; State and local Government series (certificate of in
debtedness and Treasury notes) beginning August 1972; and U.S. savings
notes beginning May 1967 and discontinued after June 30, 1970.
Table FD-4. - M aturity D istribution and Average Length o f M arketable Interest-Bearing Public Debt
End of
fiscal year
or month
(In millions of dollars)
Maturity classes
Amount
outstanding
Within
1 year
1- 5
years
5-10
years
10 - 20
years
20 years
and over
Average length
37,385
34,929
39,169
33,596
24,378
30,754
34,837
15,882
24,503
26,852
22,553
8,360
8,355
8,449
8,439
8,425
8,407
8,374
10,524
8,455
9,343
8,556
14,444
16,328
17,241
17,023
16,797
16,553
16,217
11,048
10,670
10,059
10,863
5 yrs. 1 mo.
5 yrs. 0 mo.
5 yrs. 4 mos.
4 yrs. 11 mos.
4 yrs. 7 mos.
4 yrs. 2 mos.
4 yrs. 0 mo.
3 yrs. 8 mos.
3 yrs_. 6 mos^.
3 yrs. 3 mos.
3 yrs. 4 mos.
22,397
22,397
29,321
29,321
29,318
26,347
26,349
26,348
26,853
26,852
26,851
29,149
29,148
8,404
10,553
10,511
10,454
10,397
10,317
10,253
10,191
10,137
10,086
10,059
10,015
6,208
6,188
1963............................
1964............................
1965............................
1966............................
1967............................
1968............................
1969............................
1970............................
1971............................
1972............................
1970-Dec......................
203,508
206,489
208,695
209,127
210,672
226,592
226,107
232,599
245,473
257,202
247,713
106,407
103,910
105,530
112j 772
121,944
123,423
58,026
65,453
56,198
60,933
71,424
64,470
62,770
89,615
89,074
89,004
82,318
1971-Sept....................
Oct......................
Nov................. .
Dec......................
1972-Jan......................
Feb......................
Mar......................
Apr......................
May......................
June....................
July....................
Aug......................
Sept....................
249,931
252,240
254,456
262,038
261,918
261,215
265,380
262,989
261,924
257,202
257,717
258,095
257,720
117,662
118,007
108,911
119,141
119,152
122,067
126,315
122,263
126,617
121,944
122,528
121,589
121,260
90,915
92,940
96,204
93,648
93,646
93,089
93,106
94,849
89,005
89,004
89,004
85,730
85,730
Source:
85,294
81,424
87,637
89,136
89,648
O ffice of Debt Analysis in the O ffice o f the Secretary.
8,385
9,566
9,530
9,484
9,459
9,419
9,392
9,363
9,343
9,318
15,419
15,394
3 yrs.
3 yrs.
3 yrs.
v 3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
3 yrs.
4 mos.
3 mos.
6 mos.
4 mos.
4 mos.
4 mos.
3 mos.
3 mos.
3 mos.
3 mos.
2 mos.
4 mos.
4 mos.
Treasury Bulletin
26
____________________________________________________ FEDERAL D E B T_____________________________________________________
Table FD-5. - Special Public Debt Issues
(In millions of dollars)
End of
fiscal year
or month
Total
1963..................................
1964..................................
1965..................................
1966..................................
1967..................................
1968..................................
1969..................................
1970..................................
1971.................................
1972.......................... ......
1970-Dec............................
44,801
46,627
48,650
51,120
56,155
59,526
66,790
76,323
82,784
89,598
78,106
1971-Sept..........................
Oct............................
Nov............................
Dec............................
1972-Jan............................
Feb............................
Mar............................
Apr. ., . . ....................
May............................
June..........................
July..........................
Aug............................
Sept..........................
85,961
84,332
84,355
85,656
84,151
85,595
84,902
83,137
86,638
89,598
91,007
93,646
92,307
End of
fiscal year
or month
Federal
Deposit
Insurance
Corporation
Federal
disability
insurance
trust Fund
Federal home
loan banks
108
292
232
560
833
722
1,242
1,,424
227
12,438
13,530
14,577
15,189
15,569
15,668
17,354
18,931
21,644
24,691
20,027
260
270
312
57
"85
174
120
74
156
274
176
2,165
1,903
1,563
1,150
1,376
1,891
3,042
4,435
5,713
6,697
4,966
372
82
100
924
52
152
52
199
44
62
175
_
786
1,192
1,259
1,890
2,583
2,980
2,834
3,093
14,799
15,261
14,403
17,840
19,221
21,986
25,939
27,248
29*126
25,787
2,364
2,503
2',513
2',513
2,,506
2,,509
2:,578
831
940
1.,424
1,,759
2,,082
2,808
22,194
22,193
22,285
22,917
23,002
23,055
23,123
23,124
23,244
24,691
25,220
25,261
25,217
164
165
215
216
277
328
230
234
277
274
275
197
147
5,885
5,804
5,816
5,946
5,895
6,011
6,123
6,203
6,357
6,697'
6,700
6,782
6,735
57
119
102
112
114
108
99
103
77
62
63
30
26
2,920
2,739
2,635
2,947
2,829
2,862
2,803
2,638
2,709
2,834
2,691
2,828(
2,865
27,457
26,590
26,543
26,573
26,114
27,147
27,139
27,671
29,284
29,126
29,036
30,559
28,952
Highway
trust fund
National
service life
insurance
fund
Railroad
retirement
accounts
Unemployment
trust fund
Other
1/
5,714
5,783
5,909
6,113
5,744
5,856
5,754
5,915
6,068
6,155
5,961
963
-
2,786
2,969
3,123
3,277
3,339
3,303
3,434
3,751
3,852
3,742
3,596
4,803
4,931
5,799
7,075
7,785
8,807
9,957
10,520
8,514
7.186
9,984
155
172
287
188
802
583
772
497
842
1,133
705
6,055
6,044
6,036
6,160
6,175
6,072
6,013
6,015
6,018
6,155
6,162
6,174
6,178
1,885
1,788
1,763
1,897
1,453
1,590
1,452
1,424
1,300
963
2,178
1,974
1,854
3,525
3,354
3,337
3,361
3,190
3,180
3,122
2,963
2,947
3,742
3,579
3,536
3,469
7,989
7,642
7,627
7,406
6,987
6,851
6,358
6,016
7,329
7,186
6,822
7,652
7,454
950
979
1,038
1,067
1,090
1,070
1,038
1,007
1,087
1,133
1,290
1,280
1,293
Federal Savings Government-"and Loan
life insurance
Insurance
fund
Corporation
1963..................................
1964.................................
1965.................................
1966.................................
1967..................................
1968.................................
1969.................................
1970.................................
1971..................................
1972.................................
1970-Dec............................
98
332
287
223
3
36
73
80
89
139
9
1,003
956
933
938
797
758
717
776
678
609
265
238
722
978
1,513
2,602
3,635
4,456
2,823
1971-Sept..........................
Oct............................
Nov............................
Dec............................
1972-Jan............................
Feb............................
Mar................ ...........
Api"...................................................................
]$ay............................
June..........................
July..........................
82
17
52
45
17
49
70
76
135
139
148
135
136
744
739
734
744
740
728
716
712
707
717
715
711
708
3,689
3,656
3,657
3,753
3,762
4,034
4,039
4,123
4,229
4,456
4,371
4,446
4,465
Sept..........................
Federal
old-age and
survivors
insurance
trust fund
Federal
employees1
retirement
funds
Exchange
Stabilization
Fund
814
876
842
'
Source: Daily Treasury statements.
1/ Consists of Federal Housing Administration fund; Employees life
-insurance fund; Veterans' special life insurance fund; Veterans'
reopened insurance fund beginning May 1965; Federal supplementary
Postal
service fund
_
_
_
_
_
_
Federal
hospital
insurance
trust fund
14,221
_
medical insurance trust fund beginning July 1966; Servicemen’s group
life insurance fund beginning August 1969; Employees health benefits
fund beginning October 1970; and Export-Import bank of the United
States from February 1967 - October 1968.
October 1972
27
-------------------------------------------------------------------------------- FEDERAL D E B T ________________________________
Table FD-6. - Interest-Bearing Securities Issued by Government Agencies 1 /
Defense
Department
End of
fiscal year
or month
0
Total
(In millions of dollars)
Housing andUrban Development Department
Family housing
mortgages and
Homeowners
assistance
mortgages
Federal
Housing
Admini
stration
586
793
570
441
492
548
577
517
487
454
476
1963.............................
1964.............................
1965.............................
1966.............................
1967.............................
1968......'......................
1969'.............................
1970.............................
1 971...,,,^ „„M„ rfl„ „ l4ll
1972p............................
1970-Dec.......................
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
12,489
2,268
2,238
2,183
2,112
2,036
1,951
1,863
1,775
1,683
1,588
1,727
1971-Aug.......................
Sept... i.................
Oct.......................
Nov.......................
Dec.......................
1972-Jan.......................
Feb.......................
Mar.......................
Apr......................
May.......................
June p...................
July......................
Aug.......................
11,223
10,720
10,770
10,760
11,044
10,570
11,137
11,034
10,991
11,263
10,894
10,903
11,437
l,672r
1,657
1,648
1,643
1,636
1,629
1,622
1,611
1,603
1,595
1,588
1,580
1,573
/
Government
National
Mortgage
Association
v
Other independent agencies
Farm Credit Administration
United
States
Postal
Service
Export-Import
Bank of the
.United States
Secondary
market
operations
1,961
1,699|
1,797
3,269
4,079
5,887
300
2,110
4,830
7,900
8,600
7,320
6, 005
4,920
7,230
_
-
-
- 250
-
_
-
_
_
250
250
250
250
250
250
250
1,621
1,128
1,121
1,120
1,420
1,418
1,716
1,619
1,619
1,819
1,819
1,817
2,358
-
-
-
_
-
Banks for
cooperatives
2/
520
827
1,022
1,385
2,164
2,571
2,472
1,893
2,625
1,819
1,882
-
5,970
5,970
5,970
5,940
5,915
5,390
5,390
5,390
5,370
5,370
4,920
4,885
4,885
485
480
478
474
470
469
466
462
457
456
454
458
458
-
_
-
469
525
709
881
1,072
1,230
-
-
_
_
_
_
_
_
_
_
_
-
Federal
Intermedi
ate credit
banks y
2,173
2,369
2,529
2,893
3, 363
3,779
_
_
_
_
_
_
_
_
_
_
_
-
_
-
(Memorandum)
Other independent
agencies - (Continued)
End of
fiscal year
or month
Federal
National
Mortgage
Assn. 2/
Federal
Home Loan
Bank Board
Tennessee
Valley
Authority
Other
1963.............................
1964.............................
1965.............................
1966.............................
1967.............................
1968.............................
1969............................. ^
1970.............................
1971.............................
1972p...........................
1970-Dec.......................
•*
*
*
*
*•
6
6
6
6
5
6
145
180
225
285
417
525
728
996
1,355
1,855
1,166
*
•*
*
*
3
3
3
3
3
3
3
1971-Aug.......................
Sept......................
Oct.......................
Nov.......................
Dec.......................
1972-Jan.......................
Feb.......................
Mar.......................
Apr.......................
May.......................
June p...................
July......................
Aug.......................
6
6
6
6
5
5
5
5
5 v
5
5
5
5
1,466
1,477
1,545
1,575
1,595
1,656
1,685
1,695
1,685
1,765
1,855
1,905
1,905
3
3
3
3
3
3
3
3
3
3
3
3
3
Source: Bureau of Accounts.
1/ Includes unredeemed matured securities outstanding on which interest
has ceased.
N
2/ Effective September 30, 1968, Federal National Mortgage Association
was converted to private ownership pursuant to provisions of the
Housing and Urban Development Act of 1968 (P.L. 90-448).
Federal
National
Mortgage
Association
2/1/
Federal
Federal home intermediate
Banks for
credit banks
cooperatives loan banks
4/
y
y
Federal
land
banks
1,411
1,529
1,790
1,805
1,776
2,770
4,201
4,757
6,310
4,588
4,702
5,524
9,914
7,923
7,077
10,532
4,240
4,942
5,705
6,188
4,863
2,725
2,974
3,532
4,106
4,612
5,319
5,720
6,192
6,652
7,393
6,405
8,076
13,165
14,996
18,560
15,206
20
20
20
20
20
20
20
20
20
20
20
1,810
1,810
1,764
1,782
1,820
1,887
1,860
1,860
1,852
1,872
1,805
1,751
1,730
7,789
7,743
17,930
7,709
7,679
7,678
7,324
7,281
7,278
7,093
7,077
7,077
7,087
5,805
5,776
5,744
5,668
5,565
5,600
5,660
5,758
5,948
6,088
6,188
6,244
6,217
6,898
6,896
7,088
7,075
7,075
7,074
7,205
7,198
7,403
7,393
7,393
7,695
7,668
15,761
16,242
16,984
17,138
17,701
17,442
17,814
17,992
18,131
17,960
18,560
18,194
18,315
20
20
20
20
20
20
20
20
20
20
20
20
20
_
-
_
-
_
-
District of
Columbia
Stadium
Fund
1 / 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.
U Includes mortgage backed bonds beginning November 1970.
5/ Includes mortgage backed bonds beginning June 1970.
* Less than $500,000.
p Preliminary.
r Revised.
28
T re a s u ry B u lle tin
FEDERAL DEBT
Table FD-7. - Participation Certificates
(In millions of dollars - face amounts)
Participation certificates issued by GNMA acting as>trustee
Agriculture
Department
Fiscal year
or month
Sales
1963......................
1964......................
1965......................
1966......................
1967......................
1968......................
1969......................
1970.,..................... 2,181
1971... . .
1972......................
~
1971-Aug................
Sept...............
Oct................
Nov................
Dec..'.............
1972-Jan................
Feb................
Mar................
Apr................
May................
June...............
July...............
Aug................
Export -Import Bank
of the United States
Commodity Credit
Corporation
/ _
_
-
Retire Out
ments
standing Sales
_
2,181
-
-
\_
-
“
_
_
_
-
250
373
450
Retire Out
ments standing Sales
520
827
30
66
570
~
255
398
650y
533
369
321
268
608
1,022
1,385
2,146
" -
4
494
7
1
1
2
2
97
2
2
1,222
728
721
720
719
717
715
618
618
618
618
616
761
1,411 y
2,183
1,814
1,493
1,226
618
_
-
300
1,840
2,900
3,250
1,330
-
614
-
Retire Out
standing Sales
ments
_
_
30
180
180
630
1,280
1^15
1,085
30
25
525
_
20
450
35
Health, Education,
and Welfare
Department 2/
Farmers Home
Administration 1/
Total
_
-
300
2,110
4,830
7,900
8,600
7,320
6,005
4,920
5,970
5,970
5,970
5,940
5,915
5,390
5,390
5,390
5,370
5,370
4,920
4,835
4,885
_
600
525
225
-
_
_
_
-
Retire Out
ments
standing
_
-
I84
401
80
168
.
600
1,125
1,166
765
685
517
.
100
100
15
-
.
3
3
2
6
_
100
200
212
209
207
201
685
685
685
685
685
546
546
546
546
546
517
517
517
_
_
_
_
_
_
-
_
_
_
5
_
_
_
_
1
_
207
207
207
207
207
202
202
202
202
202
201
201
201
139 _
_
29
- ,
~
Participation certificates issued by GNMA acting as trustee - (Continued)
Fiscal year
or month
Housing and Urban Development Department
Office of Secretary /J
Sales
1963......................
1964......................
1965......................
1966......................
1967......................
1968......................
1969......................
1970......................
1971......................
1972".....................
1971 Aug................
Sept...............
Oct................
Nov................
Dec................
1972-Jan................
Feb................
Mar................
Apr................
May................
June...............
July...............
Aug................
_
_
_
680
1,140
640
_
_
~
Government National
Mortgage Association 5/
Retire Out
Retire Out
ments
standing Sales ments standing Sales
_
_
_
_
_
_
_
_
_
200
200
_
350
20
785
605
520
50
680
1,475
740
1,820
50
430
1,891
465
27
50
1,897
140
2,433
134
_
324
190
1,707
2,109
_
963
1,146
81
1^626
405
1,433
193
741
“
_
_
_
61
_
344
-
1,146
1,146
1,146
1,146
1,146
1,085
1,085
1,085
1,085
1,085
741
741
741
_
_
_
-
12
10
115
_
8
_
33
15
-
1,611
1,611
1,611
1,599
1,589
1,474
1,474
1,474
1,466
1,466
1,433
1,418
1,418
Source: Bureau of Accounts.
1/ Includes Direct Loan and Rural Housing Loan programs.
2/ Includes Construction of Higher Education Facilities, Health Professions
Education Fund, and Nurse Training Fund, beginning April 1968.
_2/ Includes $107 million refunding transaction.
i j Includes College Housing, Elderly Housing, and Public Facility programs.
5/ Includes Special Assistance, and Management and Liquidating programs.
6/ Includes programs for Disaster Loans, and Business Loans and
Veterans
Administration 7/
Small Business
Administration 6/
_
_
_
_
-
Retire Out
ments
standing Sales
_
_
100
350
885
x' “
800
260
70
1} 160
590
70
260
1,007
203
782
225
691
91
206
4^5
“
173
_
_
33
691
691
691
691
691
518
518
518
518
518
485
-
485
485
_
_
-
_
_
_
_
_
_
-
Retire Out
ments
standing
_
_
100
10
975
60
1,175
60
1,704
1,885
79
136
1,749
1,650
99
107
1,543
_
_
18
15
32
_
12
10
20
Retire Out
Sales ments
standing
1,630
1,630
1,630
1,612
1,597
1,565
1,565
1,565
1,553
1,553
1,543
1,523
1,523
(Memorandum)
Commodity Credit Corp.
(net certificates of
interest authorized under
Charter Act) 8/
Out
Sales Retire
ments
standing
_
68
834
377
457
42
419
436
855
1,021
167
99
923
1,590
667
. '
'
'
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
-
_
_
_
_
-
_
-
-
Investments.
7/ Includes Direct Loan and Loan Guaranty programs.
8/ In the case of Commodity Credit Corporation, participation certificates
are called "certificates of interest" and are not included in the
Participation Sales Act of 1966. Amounts shown as sales and retire
ments represent the net excess transactions for the period. On July 1,
1969, the amount outstanding was reclassified as agency securities.
* Less than $500,000.
O ctober 1 9 72
29
. FEDERAL DEBT
Table FD-8. - D ebt Subject to Statutory Lim itation
End of
fiscal year
or month
Statutory
debt
limit
(In millions of dollars)
Total outstanding sub
Interest bearing debt
Matured debt and debt bearing no
ject to limitation
subject to limitation
interest subject to limitation
Agency
securities
A
gency
Public debt & debt of District Public debt securities District of
Public debt
Agency
Total
securities of Columbia l /
securities
Columbia 2/
securities
securities
2/
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
1970-Dec....................
1971-Sept...................
Oct....................
Nov....................
Dec....................
1972-Jan....................
Feb....................
Mar....................
Apr....................
May....................
June...................
July...................
Aug....................
Sept...................
307.000
324.000
324,000
328,000
336,000
358.000
377.000
377.000
430.000
450,000
395,000
430,000
430,000
430,000
430,000
430,000
430.000
450.000
450.000
450.000
450.000
450.000
450.000
450.000
306,099
312,I64
317,581
320,102
326,471
350,743
356,932
373,425
399,475
428,576
391,626
413,607
413,271
415,954
425,462
424,192
425,358
428,667
426,623
429,230
428,576
433,704
436,760
435,270
305,492
311,351
316,991
319,641
325,959
346,925
353,084
370,288
397, 503
426,638
388,530
411,642
411,308
413,995
423,506'
422,238
423,408
426,720
424,681
427,288
426,638
431,761
434,817
433,324
607
813
590
462
512
3,819
3,847
3,137
1,972
1,939
3,097
1,965
1,963
1,959
1,955
1,954
1,951
1,947
1,942
1,941
1,939
1.943
1.943
1,946
Source: Daily Treasury statement.
Note: For debt subject to limitation for fiscal years 194-0-1962, see Table
21 of the Statistical Appendix to the Annual Report of the Secretary
of the Treasury on the State of the Finances for fiscal 1971. For a
summary of legislation on debt limitation under the Second Liberty
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
387,252
410,450
410,181
412,733
422,308
421.090
422.090
425,536
423,535
426,108
425,360
430,577
433,572
432,127
586
792
569
441
492
3,798
3,827
3,117
1,952
1,919
3,076
20
20
20
20
20
20
20
20
20
20
20
1,945
1,943
1,939
1,936
1,934
1,931
1,927
1,922
1,921
1,919
1.923
1.923
1,926
20
20
20
20
20
20
20
20
20
20
20
20
20
3,538
3,995
3,878
4,210
3,673
2,524
1,355
1,262
1,214
1,278
1,278
1,192
1,128
1,262
1,198
1,148
1,317
1,184
1,145
1,181
1,278
1,184
1,245
1,197
1
1
1
1
*
■*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
Bond Act and the amounts of limitation see Table 32 of the
Statistical Appendix.
1/ Of $3,250 million in participation certificates subject to
limitation issued in fiscal 1968, $1,465 million are now outstanding.
2/ District of Columbia Armory Board Stadium Bonds.
* Less than $500,000.
Footnotes to Table FD-2
Source: On the basis of the daily Treasury statement.
Note: The computed annual interest charge represents the amount of
interest that would be paid if each interest-bearing issue outstand
ing at the end of each month or year should remain outstanding for a
year at the applicable annual rate of 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 of securities sold at a premium or discount, beginning
with May i 960). The aggregate charge for all interest-bearing issues
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 of effective yield for
issues sold at premium or discount. Prior to that date it was based
on the coupon rate for all issues.
1/ Included m debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
2/ On United States savings bonds the rate to. maturity is applied against
the amount outstanding.
T re a s u ry B u lle tin
30
FEDERAL DEBT
Table FD-9. - Status and Application of Statutory Limitation
The Second Liberty Bond Act (31 U.S.C. 757b), as amended,
provides that the face amount of obligations issued under
authority of that Act, and the face amount of obligations
guaranteed as to principal and interest by the United States,
shall not exceed in the aggregate $400 billion outstanding
at any one time. Public Law 92-5, as amended, provides that
beginning March 17, 1971, and ending October 31, 1972, the
public debt limit shall be temporarily increased by $30 billion; and Public Law 92-250, as amended, provides that beginning
March 15, 1972, and ending October 31, 1972, the public debt
limit shall be further temporarily increased by $20 billion
to $450 billion,
The Act of June 30, 1967 (Public Law 90-39) provides
that the face amount of beneficial interests and participations issued under section 302 (c) of the Federal National
Mortgage Association Charter Act (12 U.S.C. 1717 (c)) during
the fiscal year 1968 and outstanding at any time shall be
added to the amount otherwise taken into account in determining whether the requirements of the above provisions are
met.
Part A. - Status Under Limitation September 30, 1972
(In millions of dollars)
The statutory debt 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 ^mended................ .
433,324
Debt of U.S. Government agencies.........................................................................................
481
Participation certificates (12 U.S.C. 1717(c)).................................................................... ......... 1,465
Total amount outstanding subject to statutory debt limitation............................................
Balance issuable under limitation................................ ............................................ . .........
450,000
435 270
14,730
Part B. - Application of Statutory Limitation September 30, 1972
(In millions of dollars)
Classification
Public debt:
k
NInterest-bearing debt:
Public issues — marketable:
Treasury bills.............................................................................
Treasury notes.............................................................................
Treasuiy bonds.................................... .......................................
Total public issues — marketable..............................................
Public issues — nonmarketable:
Certificates of indebtedness:
Foreign series..........................................................................
Foreign currency series.............................................................
Treasury notes:
Foreign series....................................................... '..................
Foreign currency series .............................................................
Treasury bonds.......................................................... ..................
Treasury certificates...................................................................
U.S. savings bonds....................................................................
U,S. savings notes.......................................................................
U.S. retirement plan bonds...........................................................
Depositary bonds............. ...................................... .....................
Treasury bonds, R.E.A. series............................. ..........................
Treasury bonds, investment series
....... ..................................
Certificates of indebtedness - State and local
Government series......................................................................
Treasury notes - State and local Government series.........................
Total public issues — nonmarketable..........................................
Special issues to Government agencies and trust funds......,<l. ............... Total interest-bearing debt.......................................................
Matured debt on which interest has ceased...............................................
Debt bearing no interest:
Special note of the United States:
International Monetary Fund series...................................................
Mortgage Guaranty Insurance Company Tax and Loss Bonds.........................
U.S. savings stamps....... ................................................ ..................
Excess profits tax refund bonds.............................................. ...........
U.S. notes.........................................................................................
Deposits for retirement of national bank and Federal Reserve bank notes.
Silver certificates...........................................................................
Other debt bearing no interest............................................................
Total debt bearing no interest.........................................................
Total public debt............................................................................
Debt of U.S. Government agencies:
Interest-bearing debt....................... ........................••.....................
Matured debt on which interest has ceased...........................................
Total debt of U.S. Government agencies.............................................
Total public debt and debt of U.S. Government agencies................
Deduct debt not subject to limitation....................................................
Add participation certificates..............................................................
Total subject to limitation..........................................................
Source: Daily Treasuiy statement.
* Less than $500,000.
Total
outstanding
96,363
115,667
45,689
257,720
5,400
171
14,345
1,830
250
452
56,698
549
56
22
8
2,308
4
_____ 9__
82,101
92,307
432,127
298
825
28
47
1
323
72
215
10
1,521
433,946"
480
481
434,427^
622”
1,465
435,270"
October 1972
31
, FEDERAL DEBT.
Table FD-10. - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In m illions of d ollars)
End of
fiscal year
or month
1963......
1964-......
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
1970-Dec.
1971-Sept.,
Oct..,
Nov..,
Dec..,
1972-Jan..,
Feb..,
Mar..
Apr..
May..,
June.
July.
Aug..
Sept.
Total
29,166
29,241
28,354
26,964
Agriculture Department
Agency
Secretary:
for
Farmers
Rural
Commodity Electri Home
Inter
national Credit
fication Adminis
Develop Corpo
Adminis tration
ment 1/ ration
programs
tration
2/
Housing and Urban
Development Department
ExportImport
Govern
Bank of
ment
the
National Other
United Secretary M
ortgage
States l ,t
Assn. 5 / 6/
2/
27,040
28,I64
30,651
31,944
33,939
31,540
807
735
712
689
662
638
544
512
451
416
502
13,599
13,990
13,111
11,768
10,097
11,989
12,115
12,262
11,977
11,501
12,665
3,657
3,828
4,075
4,234
4,518
4,770
5,045
5,328
5,746
6,051
5,543
027
170
235
436
415
454
583
416
391
606
1,293
362
720
1,586
783
1,743
1,523
32,175
32,050'
32,667
33,078
33,885
33,794
33,902
33,851
33,779
33,939
36,279
32,980
32,268
449
449
449
435
432
432
432
432
432
416
408
408
408
10,343
9,994
10,627
11,266
11,793
11,776
11,593
11,534
11.491
11,501
13,503
10.491
9,483
5,846
5.946
5.946
5.953
5.953
5.953
6.053
6.053
6,153
6,051
6.151
6.151
6,251
1,506
1.605
1,506
1,506
1,506
1.606
1,606
1,606
1,606
1,606
1,606
1,606
1,606
2,261
2,289
2,255
1,895
2,024
1,709
1,941
1,977
1,808
1,743
1,800
1,297
1,403
24,611
1,476
830
513
178
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 may be found in the 1971
Statistical Appendix to Annual Report of the Secretary of the Treasury,
pages 308-12, and the 1971 Combined Statement of Receipts, Expenditures
and Balances of the United States Government, pages 594-96.
1/ And predecessor agencies. Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, <1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other.”
2/ Farm housing and other loan programs, Agricultural Credit Insurance Fund
(formerly FarmTenant 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 facil
ity loans; Low Rent Public Housing Fund; and advances for National
Flood Insurance Fund.
5/ Consists of liabilities taken over by the Associati6n from the
2,005
2,302
2,753
3,133
2,670
1,937
1,570
2,261
3,602
3,914
2,421
2,716
2.393
1,899
1,466
1,329
1,950
2,427
3,133
3,552
3/781
3.394
25
10
25
10
15
10
223
665
43
Transpor
tation
Dept.
Tenn
essee
Saint
Valley Lawrence
Author Seaway
ity
Develop
ment
Corp.
50
123
85
123
95
124
100
125
100
125
100
129
100
133
100
133
100
130
100
127
100
131
Veterans
Adminis
tration:
Direct
loan
program
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
1.730
Under
Defense
Produc
tion
Act
of 1950
Other
8/
1/
1,923
2,019
2,056
2,023
1,850
1,854
2,032
1,996
2,010
2,010
2,010
29
35
51
72
90
118
148
183
250
294
183
3,682
128
237
100
1.730
2,010
3,635
249
278 100
128
3.732
3,640
1.730
2,010
249
278
100
128
3.732
3,657
1.730
2,010
249
372 100
128
3.732
250
1.730
2,010
3,703
100
372
128
1.730
2,010
250
3,815
3.774
128
520 100
250
1.730
2,010
3,809
3.774
2,010
250
1.730
520 100
127
3,757
3,784
250
3,686
100
1.730
665
3,683
127
2,010
250
100
665
3,633
127
1.730
3,774
2,010
3,781
2,010
1.730
665 100
127
3,914
294
3,937
100
665
3,944
126
1.730
2.014
295
3,984
126
1.730
4,034
744 100
2.014
294
4,108
4,002
100
1.730
125
2.014
744
294
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721 (d)) and also securities transferred from
the Reconstruction Finance Corporation.
6/ Public Housing Administration 1960-1963; Federal Housing Administration
beginning January 1966; Housing Assistance Administration from September
1968 - December 1969.
7/ 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);
and the Secretary of the Treasury through May 1964.
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, fiscal years 1963-67; Virgin. Islands Corporation
from September 1959 - September 1968; District of Columbia Commissioners
for the Stadium Sinking Fund from December 1971 - July 1972; Secretary
of the Interior (Bureau of Mines) for development and operation of
helium properties beginning May 1964; Bureau of Commercial Fisheries
for Federal Ship Mortgage Insurance Fund, Fishing Vessels from January
1966 - May 1967; and revenue bonds for Smithsonian Institution (John
F. Kennedy Center Parking Facilities) beginning July 1968.
T re a s u ry b u lle t in
32
PUBLIC DEBT OPERATIONS.
Table PDO-1. - M aturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury Bills
Outstanding September 30, 1972
(In millions of dollars)
Amount of maturities
Year
and
month
of final
maturity
2/
1972
Oct.
Nov.
Dec.
Held by 2/ Description
10/1/72-E0
ll/15/72-F
12/15/67-72
1-1/2% Note
6%
Note
2-1/2% Bond
Total.
Total
U.S. Govt,
accounts and All
Federal Re other
serve banks investors
33
1,327
1,352
56
139
33
1,271
1,212
2,712
195
2,517
1977
Feb..
Apr..
Aug..
Apr.
May.
7-.
Aug.
Oct.
Nov.
4-1
Note
Note
Note
Note
Note
Note
Bond
Note
Bond
-
2/15/73-C
2/15/73-D
4/1/73-EA
5/15/73-A
5/15/73-E
8/15/73-B
8/15/73
10/1/73-E0
11/15/73
Tot&l.
1974
Feb.
Apr.
May.
Aug.
Oct.
Nov.
4-1/8%
7-3/4%
1-1/2%
4-1/4%
7-1/4%
5-5/8%
1-1/2%
Bond
Note
Note
Bond
Note
Note
Note
Note
Bond
2/15/74
2/15/74-C
4/l/74-EA
5/15/74
5/15/74-D
8/15/74-B
10/1/74-E0
11/15/74-A
11/15/74
176
1,848
5-3/4%
5-7/8%
Apr......... 1-1/2%
May......... 6%
5-7/8%
Aug......... 5-7/8%
Oct......... 1-1/2%
Nov......... 7%
Note
Note
Note
Note
Note
Note
Note
Note
-
2/15/75-A
2/15/75-E
4/1/75-EA
5/15/75-B
5/15/75-F
8/15/75-C
10/1/75-E0
11/15/75-D
Total.
1976
Feb.........
6-1/4%
5-7/8%
Apr......... 1-1/2%
May......... 6-1/2%
5-3/4%
Aug......... 7-1/2%
Oct......... 1-1/2%
Nov......... 6- 1/ 4%
Total,.
Note
Note
Note
Note
Note
Note
Note
Note
-
2/15/76-A
2/15/76-F
4/ 1/ 76-EA
5/15/76-B
5/15/76-E
8/15/76-C
10/1/76-E0
l l / 15/ 76-D
8%
Note
1-1/2% Note
7-3/4% Note
Total
2/15/77-A
4/1/77-EA
8/15/77-B
6-1/4% Note
6%
Note
2/15/78-A
11/15/78-B
2,338
2^514
4,268
34
5,844
3,792
1,839
3,894
30
4,339
2,685
2,587
334
629
34
3,159
1.205
1,505
3.206
30
3,710
26,554
8,947
17,607
U^S. Govt,
accounts and All
Federal Re other
serve banks investors
5,163
5
2,264
3,035
820
2,128
5
1,444
7,432
3,855
3,577
8,207
3,329
3,589
5,060
4,618
16,596
6,918
9,678
2,420
2,467
2,960
34
2,852
4,334
10,284
42
5,440
1,213
2,193
147
1,928
2,666
32
2,367
3,366
4,491
42
3,247
1,066
29,626
10,421
19,205
539
294
2
485
968
5,793
1979
Aug..
6-1/4% Note
8/15/79-A
4,562
1,593
1980
Feb..
Nov..
4%
Bond
3-1/2% Bond
2/15/80
11/15/80
2,582
1,899
851
749
1,731
1,150
4,481
1,600
2,881
Total.
1981
Aug..
7%
Bond
8/15/81
807
399
408
1982
Feb..
6-3/8% Bond
2/15/82
2,702
956
1,746
1983
June.
3-1/4% Bond -
6/15/78-83
1,510
274
1,236
Aug..
6-3/8% Bond -
8/15/84
2,355
1,275
1,080
5/15/85
5/15/75-85
1,006
1,207
233
478
773
729
1985
May..
1975
Feb.........
Held by 2/ Description
Total.
1978
Feb..
Nov..
1973
Feb.
Amount of maturities
Year
and
month
of final
maturity
1/
4,016
1,222
8
6,760
1,776
7,679
30
3,115
1,526
101
2,490
1,121
4,469
101
2,655
1986
Nov.
759
2,291
1,675
5,024
30
2,356
24,606
9,611
14,995
Aug.
3,739
4,945
27
2,697
2,802
4,194
11
1,283
2,857
1,115
758
540
1,609
57
3,830
27
1,939
2,262
2,585
11
1,226
19,698
6,936
12,762
Source:
Daily Treasury statement and Office of Debt Analysis in the
Office of the Secretary,
l / For issue date of each security, see "Market Quotations on Treasury
Securities."
3-1/4% Bond
4-1/4% Bond
Total.
2,213
1,502
350
6-1/8% Bond -
11/15/86
1,216
3-1/2% Bond -
2/15/90
4,327
1,140
3,097
4-1/4% Bond -
8/15/87-92
3,773
1,460
2,313
1993
Feb.
4%
Bond -
2/15/88-93
242
1994
May.
4-1/8% Bond -
2/15/89-94
1,522
564
958
1995
Feb.
3%
Bond -
2/15/95
990
152
1998
Nov.
3-1/2% Bond -
11/15/98
3,434
1 7 Beginning with February 1969 Treasury Bulletin, the definition of
U.S. Government accounts and all other investors is in conformity
with the unified budget concept.
2,542
33
O ctober 19 72
.PUBLIC DEBT OPERATIONS,
Table PDO-2. - Offerings of Treasury Bills
Issue date
Maturity
date
Regular weekly:
(13-week and 26-week)
1972-June
1......................... 1972-Aug.
Nov.
^
Sept.
8.........................
Dec.
15....................... . K Sept.
Dec.
Sept.
22.........................
Dec.
Sept.
29.........................
Dec.
Oct.
July
6......................... 1973-jan.
2,400.6
1,805.2 2 /
2,400.9
1,805.4 2 /
2,401.5
1,804.7 2 /
2,400.7
1,806.1 2 /
2,300.4
1,805.7 2 /
2,301.4
1,805.6 2 /
30, 211.2
45,844.6 2 /
30,111.8
45,839.4 2 /
30,010.8
45,836.3 2 /
29,910.8
45,832.3 1 /
29,910.9
45,826.1 2 /
29,906.9
45,819.6 2J
2,300.9
1,801.4
180.3
97.7
2,301.3
1,600.2
29,906.5
46,020.8
3,844.5
3,049.7
2,300.5
1,800.0
2,116.6
1,718.1
183.9
81.8
2, 301.1
1,600.8
29,905.9
46,219.9
91
182
3,722.9
3,707.5
2,301.2
1,800.4
2,132.7
1,710.0
2, 300.1
1,603.2
29,907.0
46,417.1
2
1
91
182
3,618.0
3,159.9
2,301.1
1,800.0
2,141.3
1,716.1
2,301.3
1,600.0
29,906.9
46,617.1
10......................... Jl972-Nov.
|1973-Feb.
9
8
91
182
3,741.9
3,070.8
2,299.1
1,800.8
2,136.3
1,726.4
168.5
90.4
159.8
83.9
162.7
74.4
2,300.7
1,600.2
29,905.2
46,817.8
f l 972-Nov.
17........................ <1973-Feb.
16
15
91
182
3,891.3
3,201.6
2, 301.1
1,800.3
2,129.1
1,728.7
172.1
71.6
2,300.6
1,800.5
29,905.7
46,817.5
f l 972-Nov.
24......................... \
1973-Feb.
24
22
92
182
3,661.Or
3,337.7
2,301.8r
1,800.5
2,137.8
1,735.7
2,299.7
1,802.7
29,907.8r
46,815.4
ov.
31......................... 1972-N
1973-Mar.
1972-Dec.
n
1973- Mar.
/l972-Dec.
J-4....... ................ \l973-Mar.
30
1
7
8
91
182
91
182
3,752.Or
3,484.31*
3,657.8
3,682.9
2, 301. 3r
1,801.8r
2,422.5
1,801.2
2,136.5
1,728.9
2,270.4
1,732.9
164.Or
64.9
I 64.Or
72.9r
152.2
68.3
2, 301.6
1,796.1
2,301.4
1,800.3
29,907.6r
46,82l.lr
30,028". 7
46,822.0
14
15
91
182
4,391.5
3,391.9
2,302.2
1,800.8
2,097.9
1,714.7
204.3
86.1
2,300.5
1,800.7
30,030.3
46,822.1
/l972-Dec.
LL973-Mar.
21
22
91
182
4,113.9
3,659.4
2,300.8
1,801.8
2,098.2
1,701.2
202.6
100.6
2,300.7
1,801.0
30,030.4
46,823.0
/l972-Dec.
\l973-Mar.
28
29
91
182
4,247.0
3,551.7
2,300.6
1,800.6
274
366
366
273
275
366
274
366
274
366
275
365
275
365
365
275
273
365
274
365
1,370.2
•2,220.0
2,384.9
1,523.6
1,528.4
2,099.2
1,488.4
2,289.5
1,506.2
2,203.6
1,526.2
1,915.0
1,534.2
2,320.4
2,454.9
1,467.6
1,615.3
2,150.2
1,282.4
1,961.2
500.5
1,-200.7
1,200.3
500.2
500.3
1,200.7
501.3
1,200.5
499.9
1,200.4
500.1
1,200.1
500.6
1,200.8
1,199.8
499.9
500.6
1,200.2
501.1
1,201.2
188.2
88.9
20.3
34.3
31.6
14.9
16.7
24.4
15.0
29.2
12.4
18.3
13.0
19.9
13.3
30,030.6
46,818.7
30
30
31
31
31
30
30
31
31
31
30
28
31
31
30
31
28
31
31
30
2,112.4
1,711.7
480.2
1,166.4
1,168.7
485.2
483.6
1,176.3
486.3
1,171.3
487.5
1,182.1
487.1
1,180.2
487.2
1,176.3
1,171.7
484.0
489.5
1,180.0
489.2
1,171.2
4,504.4
14,408.2
14,40-7.1
4,504.9
4,503.8
14,407.2
4,504.8
14,406.5
4,504.4
14,407.5
4,504.4
14,406.5
4,504.6
14,407.0
14,406.3
4,503.4
4,503.7
14,405.7
4,504.4
14,406.6
91
182
19
18
91
182
6.972-Oct.
ll973-Jan.
26
25
fl972-Nov.
3......................... \
1973-Feb.
28
9-Month and One-Year:
1<5*71—
on
t
p^-u
ret).
■R
/fr-v-vi
Apr.
May
July
Total
unmatured
issues out
standing after
new issues
157.1
82.2
166.8
90.0
187.8
89.9
180.6
104.1
169.8
88.6
156.8
82.7
21
Oct.
Nov.
Amount
maturing on
issue date
of new
offering
2,144.4
1,719.3
2,134.7
1,710.2
2,112.8
1,711.7
2,120.1
1,698.0
2,130.7
1,710.8
2, 140.6
1,716.4
2,120.6
1,703.7
3,669.7
2,975.1
3,662.3
3,350.6
3,626.7
3,205.4
3,594.1
3,321.8
3,537.2
2,953.2
3,774.4
3,316.4
3,523.7
3,040.3
1972-Oct.
1973-Jan.
L
l 972-Oct.
20........................ fU973-Jan.
Aug.
(Amount in millions of dollars)
Description of new issue
Amount of bids accepted
Number of
Amount of
days to
bids
Total
On competi
On noncompeti
maturity 1/ tendered
tive basis
amount
tive basis 2/
i<
—
1
T\
i
Sept. 30.........................
Oct.
2.........................
91
182
91
182
91
182
91
182
91
182
91
182
2,301.6
1,801.5
2,301.4
1,800.2
2,300.5
1,801.6
2,300.7
1,802.1
2,300.4
1,799.5
2,297.4
1,799.1
f\
Apr.
July
30
31
273
365
1,525.7
2,849. 8r
500.2
1,201.0
484.1
1,169.8
16.1
31.1
2,300.4
1,804.9
500.5
1,202.5
1,201.4
499.7
501.3
1,200.5
500.4
1,201.2
500.2
1,199.5
500.1
1,201.1
500.3
1,200.3
1,200.5
501.1
500.3
1,200.8
500.5
1,200.3
500.2
1,202.5
f
May
Aug.
31
28
273
362
1,911.4
4,913.6r
500.9
l,803.4r
484.7
1,770.5
16.2
32. 8r
500.3
1,199.9
4,505.0
15,008. 6r
Sept.
June
25
30
360
271
4,144.7
1,547.4
1,800.5
499.9
1,748.4
486.0
52.1
13.9
1,200.7
501.3
15,608.4
4,503.6
/l972-June
\
Sept.
Oct.
31....................... .
1.........................
July
Aug.
30.........................
Nov.
Sept.
Dec.
Oct.
J-973-Jan.
ony•........................ / 1972-Nov.
ed
\1973-Feb.
p.972-Dec.
OT
V1973-Mar.
Apr.
30.........................
Jan.
1.........................
Feb.
31....................... f\
May
T
Mar.
\
June
31...................
31
30
7
7
14
14
21
21
28
28
5
4
12
11
t
24.6
28.1
15.9
11.0
20.2
11.9
30.1
4,504.4
14,405.1
Treasury Bulletin
PUBLIC D E B T O P E R A T IO N S
_______________________ _ ______________
Table PDO-2. - Offerings of Treasury Bills - (Continued)
On total bids accepted
Issue date
Average price
per hundred
Equivalent average
rate k l
28...................
f 99.049
\ 97.924
J 99.024
I 97.855
J 99.040
\ 97.883
f 99.008
97.812
“ 98.983
97.733
" 98.954
97.630
* 98.963
97.672
^ 99.002
97.748
h 98.977
97.682
“ 99.041
97.827
> 99.007
97.760
6 99.000
97.743
* 98.963
97.663
y 98.905
97.564
' 98.845
97.504
98.797
97.435
j 98.829
\ 97.423
J 98.826
{ 97.353
(Percent)
3.761
4.107
3.863
4.243
3.796
4.187
3.926
4.328
4.024
4.484
4.139
4.689
4.103
4.605
3.949
4.455
4.046
4.585
37796
4.298
3.928
4.431
3.955
4.465
4.056
4.624
4.331
4.819
4.567
4.937
4.759
5.074
4.632
5.098
4.644
5.236
9-month and one-vear:
1071-Sept.
30...................
f 96.010
{ 94.633
Regular weekly:
(13-week and 2.6-week)
IrtPiQ Tuno
1
C}
22..................
13...................
20...................
27...................
Aug.
3 . .................
10...................
17...................
24...................
31...................
Sept.
7...................
21...................
Oct.
Nov.
31...................
1...................
30...................
Dec.
31...................
Feb.
29,..................
Mar.
31..........
Apr.
May
30...................
1...................
31...................
June
30...................
AU
nrg
r.
A
...................
Sept.
30...................
Footnotes at end of Table PDO-3.
95.435
96.591
f 96.501
95.361
f 97.009
\ 96.008
f 97.038
95.998
r 97.050
95.852
y 96.554
95.274
95.577
96.766
f 96.688
\ 95.473
J 96.382
\ 95.079
J 96.418
{ 95.014
5.242
5.279
4.490
4.496
4.580
4.563
3.930
3.927
3.891
3.936
3.862
4.091
4.512
4.661
4.362
4.234
4.367
4.465
4.754
4.853
4.731
4.918
f 96.178
^ 94.793
94.471
95.976
5.040
5.178
5.529
5.346
On competitive bids accepted
High
Price per hundred
99.059
97.951
99.030
97.863
99.050
97.905
99.016
97.822
98.996
97.754 1 /
98.971 6/
97.716
98.974
97.699
99.015 7/
97.774 8/
98.990
97.688
99.053
97.848
99.026
97.782 9/
99.010
97.754 1Q/
98.983
97.693 M /
98.918 12/
97.584
98.856 1 2/
97.513
98.806 1£ /
97.449
98.847
97.460
98.831
97.370
96.027
94.655 11/
95.456
96.615
96.528 16/
95.384 12/
97.025
96.036
97.052
96.046 !&/
97.083 12/
95.924
96.566 20/
95.316 21/
95.593
96.780
96.713
95.519
96.439
95.155 22/
96.428
95.043
96.210
94.831 22/
94.523
95.997
Low
Equivalent rate U
(Percent)
3.723
4.053
3.837
4.227
3.758
4.144
3.893
4.308
3.972
4.443
4.071
4.518
4.059
4.551
3.897
4.403
3.996
4.573
3.746
4.257
3.853
4.387
3.916
4.443
'
3.980
4.563
4.280
4.779
4.526
4.919
4.724
5.046
4.561
5.024
4.625
5.202
5.220
5.257
4.470
4.464
4.545
4.540
3.909
3.899
3.873
3.889
3.819
4.020
4.495
4.620
4.347
4.215
4.335
4.420
4.679
4.779
4.710
4.889
4.998
5.140
5.477
5.318
Price per hundred
99.041
97.906
99.015
97.843
99.031
97.866
99.000
97.806
98.975
97.714
9^.943
97.612
98.954
97.654
98.996
97.730
98.973
97.673
99.032
97.810
99.001
97.748
98.994
97.725
98.953
97.646
98.894
97.546
98.832
97.486
98.794
97.421
98.824
97.415
98.820
97.345
95.997
94.617
95.390
96.577
96.488
95.304
96.986
95.956
97.010
95.933
97.029
95.777
96.532
95.235
95.554
96.737
96.675
95.412
96.347
95.011
96.392
95.003
96^174
94.771
94.450
95.964
Equivalent rate U
(Percent)
3.794
4.142
3.897
4.267
3.833
4.221
3.956
4.340
4.055
4.522
4.182
4.724
4.138
4.640
3.972
4.490
4.063
4.603
3'. 829
4.332
3.952
4.455
3.980
4.500
4.097
4.656
4.375
4.854
4.621
4.973
4.771
5.101
4.652
5.113
4.668
5.252
5.259
5.295
4.534
4.514
4.598
4.619
3.960
3.978
3.928
4.000
3.889
4.165
4.540
,4.700
4.385
4.272
4.385
4.525
4.800
4.921
4.758
4.929
5.045
5.200
5.550
5.361
O ctober 1 9 72
35
PUBLIC DEBT OPERATIONS.
Table PDO-3. - New M oney Financing through Regular W eekly Treasury B ills !/
(Dollar amounts in millions)
Discription of issue
Number of
days to
maturity
Maturity
date
Issue
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
New money
increase, or
decrease (-)
2,
\
f 1970-0ct.
Dec.
1
31
91
182
$2,357
2,659
$1,807
1,303
6.422
6.602
$108
9.
f
Oct.
\ 1971-Jan.
8
7
91
182
2,381
2,170
1,801
1,311
6.643
6.657
102
16.
ri970-0ct.
1971-Jan.
h1970-0ct.
1971-Jan.
^1970-Oct.
1971-Jan.
*1970-Nov.
1971-Feb.
y 1970-Nov.
1971-Feb.
15
14
22
21
29
28
2,916
2,873
3,014
2,458
2,662
2,465
2,632
2,056
2,499
2,476
1,803
1,305
1,802
1,300
1,801
1,301
1,811
1,300
1,801
1,303
6.547
6.644
6.385
6.442
6.347
6.429
6.414
6.495
6.511
6.681
100
4
12
11
91
182
91
182
91
182
91
182 '
91
182
19
18
27
25
3
4
10
11
17
18
24
25
31
1
7
8
91
182
92
182
91
182
91
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
2,714
2,607
2,992
2,525
2,453
2,486
2,449
2,562
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
6.526
6.587
6.197
6.338
6.342
6.507
6.366
6.555
6.314
6.494
5.955
6.241
5.809
6.373
6.024
6.412
114
8.
1970-Nov.
1971-Feb.
1970-Nov.
1971-Feb.
1970-Dec.
1971-Mar.
1970-Dec.
1971-Mar.
1970-Dec.
1971-Mar.
1970-Dec.
1971-Mar.
' 1970-Dec.
1971-Apr.
Jan.
Apr.
15.
Jan.
Apr.
14
15
91
182
2,780
3,444
1,802
1,404
6.029
6.224
103
22.
Jan.
Apr.
21
22
91
182
3,156
2,100
1,801
1,401
5.943
6.129
98
29.
Jan.
Apr.
28
29
91
182
2,615
2,909
1,800
1,401
5.830
6.117
99
5.
Feb.
May
4
6
91
182
3,230
2,448
1,830
1,402
5.655
5.772
120
12.
Feb.
May
Feb.
11
13
18
20
91
182
91
181
2,877
2,940
2,940
3,272
1,803
1,401
1,801
1,403
5.461
5.653
5.283
5.405
101
Feb.
May
Mar.
June
25
27
90
181
2,839
2,470
1,901
1,400
4.759
4.855
209
4
3
91
182
3,527
2,320
1,903
1,399
5.083
4.979
194
11
10
18
17
91
182
91
182
1,901
1,401
1,901
1,400
4.863
4.874
4.776
4.785
197
24.
Mar.
June
25
24
91
182
2,841
2,069
2,883
2,343
2,928
2,364
194
17.
Mar.
June
Mar.
June
1,910
1,404
4.726
4.765
206
31.
Apr.
July
1
1
91
182
2,646
2,010
1,904
1,402
4.830
4.836
202
1971-Mar.
25.
June
Sept.
24
23
91
182
2,959
2,648
1,900
1,602
3.330
3.482
197
Apr.
1.
July
Sept.
1
30
91
182
2,885
2,672
1,900
1,600
3.522
3.695
195
July
Oct.
8
7
91
182
2,795
2,600
2,000
1,601
3.704
3.755
196
1970-July
23.
July
30.
Aug.
6.
13.
20.
27.
Sept.
2„
10.
17.
24.
Oct.
Nov.
1.
19.
27.
3.
10.
Footnotes at end of table.
5
(Continued on following page)
95
100
107
100
91
99
105
97
97
94
99
98
Treasury Bulletin
36
PUBLIC D E B T O P E R A T IO N S
Table PDO-3. - New Money Financing through Regular Weekly Treasury Bills 1/ - (Continued)
(Dollar amounts in millions)
Discription of issue
Number of
days to
maturity
Maturity
date
date
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
New money
increase, or
decrease (-)
1971-Apr.
15............
<
Oct.
15
14
91
182
$3,111
2,618
$2,001
1,600
4.038
4.141
J $193
Jane
24.............
\
C
Sept.
Dec.
23
23
91
182
3,044
2,670
2,203
1,603
\ 101
f
Sept.
Dec.
30
30
91
182
2,917
2,303
2,200
1,601
4.954
5.133
5.078
5.278
July
\
Sept.
Oct.
Nov.
Dec.
1972-Feb.
/
96
£
f
Oct.
\ 1972-Jan.
7
6
91
182
3,335
3,286
2,303
1,592
5.467
5.614
}
91
1 *5
f 1971-Oct.
\ 1972-Jan.
14
13
91
182
4,095
3,226
2,302
1,601
5.377
5.483
J
93
\ 1972-Jan.
f 1971-Oct.
21
20
91
182
4,091
2,982
2,302
1,601
5.546
5.724
J
99
OO
f 1971-Oct.
\ 1972-Jan.
28
27
91
182
4,421
3,609
2,313
1,601
5.556
5.833
/
110
c
f 1971-Nov.
\ 1972-Feb.
4
3
91
182
3,802
3,399
2,301
1,601
5.273
5.618
J
94
10
f 1971-Nov.
\ 1972-Feb.
11
10
91
182
3,561
2,742
2,300
1,600
5.371
5.769
j
98
1Q
f 1971-Nov.
{ 1972-Feb.
18
17
91
182
3,269
2,877
2,302
1,600
4.923
5.203
)
298
f 1971-Nov.
^ 1972-Feb.
26
24
92
182
3,713
2,817
2,301
1,600
4.748
4.859
f
198
J 1971-Dec.
^ 1972-Mar.
2
2
91
182
' 3,769
2,616
2,300
1,600
4.551 ,
4.771
> 197 '
f 1971-Dec.
\ 1972-Mar.
9
9
91
182
3,259
2,679
2,303
1,602
4.536
4.846
J
203
16.... ........
f 1971-Dec.
\ 1972-Mar.
16
16
91
182
3,123
2,452
2,300
1,601
4.836
5.085
]
199
OO.
f 1971-Dec.
\ 1972-Mar.
23
23
91
182
3,352
2,399
2,300
1,600
4.742
4.993
J
96
30.............
[ 1971-Dec.
\ 1972-Mar.
30
30
91
182
3,950
3,046
2,301
1,600
4.675
4.973
?
101
21
J
\
Jan.
Apr.
20
20
91
182
3,515
3,275
2,301
1,601
4.493
4.634
i
198
28
{
f
Jan.
Apr.
27
27
91
182
4,155
2,983
2,302
1,601
4.444
4.530
)
188
\
f
Feb.
May
91
182
3,954
3,027
2,302
1,602
4.233
4.345
j
203
11.............
f
{
Feb.
May
3
4
10
11
91
182
3,725
2,799
2,300
1,601
4.174
4.341
)
201
18
\
f
Feb.
May
17
18
91
182
4,035
3,304
2,301
1,602
4.124
4.255
)
199
26.............
\
f
Feb.
May
24
25
90
181
3,436
3,193
2,301
1,600
4.235
4.412
/
200
2
f
\
Mar.
June
2
1
91
182
3,583
2,842
2,302
1,601
4.324
4.431
)
207
Q
J
\
Mar.
June
9
8
91
182
3,623
2,905
2,301
1,601
-4.090
4.207
j
199
16.............
f
1
Mar.
June
16
15
91
182
3,378
2,700
2,301
1,600
3.944
4.144
}
200
17 ... .
J
i
May
Aug.
18
17
91
182
3,816
3,104
2,405
1,801
3.065
3.537
I
24.............
f
May
Aug.
25
24
91
182
3,906
3,788
2,401
1,803
3.143
3.513
> 303
00
Aug.
C 1971-July
Issue
Amount
of bids
tendered
2.......... ..
/
Footnotes at end of table.
\
(Continued on following page)
37
O ctober 19 72
PUBLIC DEBT OPERATIONS________________________________
Table PDO-3. - New Money Financing, through Regular Weekly Treasury Bills
(Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
1972-Mar.
June
July
Aug.
Sept.
Number of
days to
maturity
Maturity
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
(Percent)
New money
increase, or
decrease (-)
1
31
91
182
$3,609
3,4^1
$2,401
1,796
3.447
3.762
J $295
June
Sept.
8
7
91
182
4,129
3,609
2,401
1,800
3.552
3.796
\
J
\
June
Sept.
15
14
91
182
3,462
3,016
1,801
2,401
3.846
4.196
J 301
\
r
June
Sept.
22
21
91
182
3,816
3,477
2,401
1,801
3.919
4.322
J
1....... .
f
t
Aug.
Nov.
31
30
91
182
3,670
2,975
2,302
1,801
3.761
4.107
} -103
8.............
f
l
Sept.
Dec.
7
7
91
182
3,662
3,351
2,301
1,800
3.863
4.243
) -105
15.............
\
f
Sept.
Dec.
14
14
91
182
3,627
3,205
2,301
1,802
3.796
4.187
J -104
22.............
\
f
Sept.
Dec.
21
21
91
182
3,594
3,322
2,301
1,802
3.926
4.328
} -104
13.............
f
Oct.
< 1973-Jan.
12
11
91
182
3,524
3,040
2,301
1,801
4.103
4.605
)
201
20.............
f 1972-Oct.
i 1973-Jan
19
18
91
182
3,845
3,050
2,301
1,800
3.949
4.455
/
199
27.... ........
f 1972-Oct.
\ 1973-Jan.
26
25
91
182
3,723
3,707
2,301
1,800
4.046
4.585
I
198
3.............
f 1972-Nov.
< 1973-Feb.
2
1
91
182
3,618
3,160
2,301
1,800
3.796
4.298
I
200
10.............
f 1972-Nov.
9
8
7
8
91
182
91
182
3,742
3,071
3,658
3,683
2,299
1,801
2,423
1,801
3.928
4.431
4.567
4.937
)
199
J
122
2.............
C 1972-june
{
Aug.
9.............
\
j
16.............
23.............
7.............
( 1973-Feb.
f 1972-Dec.
( 1973-Mar.
Source: See Table PDO-2.
1/ Excludes issues of strips of additional amounts of outstanding
regular weekly bills for cash on December 2, 1970 ($2,105 million).
’
and April 6, 1971 ($2,206 million).
2/ Equivalent average rate on bank discount basis,
Footnotes to Table PDO-2
Source:
Daily Treasury statement; Bureau of the Public Debt.
1/ The 13-week bills represents additional issues of bills with an orig
inal maturity of 26-weeks and the 9-month bills represent additional
issues of bills with an original maturity of one year.
2/ For 13-week, 26-week, 9-month, and one-year issues, tenders for
$200,000 or less from any one bidder are accepted in full at average:
prices of accepted competitive bids; for other issues, the correspond
ing amount is stipulated in each offering announcement.
2 / Includes strip bills issued March 6, 1972.
A / Bank discount basis.
1 / Except $1,000,000 at 97.989.
6/ Except $300,000 at 98.996.
7/ Except $200,000 at 99.022 and $80,000 at 99,019.
8 / Except $4-00,000 at 97.791.
3/ Except $440,000 at 97.792, $250,000 at 97.790, and $300,000 at 97.786.
10/
11/
12/
11/
UJ
15/
16/
17/
18/
12/
20/
21/
22/
ccj
21/
Except $70,000 at 97.762 and $755,000 at 97.760.
Except $200,000 at 97.725.
Except $100,000 at 98.926.
Except $20,000 at 98.945.
Except $3,155,000 at 98.874 and $600,000 at 98.832.
Except $1,250,000 at 94.668.
Except $60,000 at 96.540.
Except $560,000 at 95.395.
Except $505,000 at 96.086.
Except $15,000 at 97.151 and $200,000 at 97.102.
Except $375,000 at 96.585.
Except $145,000 at 95.336 and $600,000 at 95.326.
Except $285,000 at 95.164.
Except $50,000 at 95.198 and $100,000 at 94.975.
Revised.
298
292
38
T re a s u ry B u lle tin
PUBLIC DEBT OPERATIONS,
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip
tion books
opened or bill
tenders re
ceived
7/2/70
7/16/70
7/23/70
8/5/70
8/5/70
8/25/70
9/24/70
7/
10/15/70
10/23/70
Issue
date
7/8/70
7/23/70
4/30/70
7/31/70
8/15/70
8/15/70
8/17/70
5/31/70
8/31/70
6/30/70
9/30/70
10/1/70
10/21/70
11/15/70
11/15/70
!
10/27/70
11/5/70
11/24/70
11/25/70
12/23/70
1/21/71
1/26/71
7/31/70
10/31/70
11/16/70
f 8/31/70
| 11/30/70
9/30/70
12/31/70
2/15/71
2/15/71
' 10/31/70
1/31/71
2/11/71
2/23/71
3/24/71
3/25/71
3/31/71
11/30/70
2/28/71
(
7/23/70
f 12/31/70
{ 3/31/71
6/24/71
7/22/71
7/27/71
8/5/71
8/24/71
8/31/71
9/22/71
7/
10/15/71
10/26/71
4.949%
4.886%
5-7/8%
6-1/4%
4.269%
4.249%
3.281%
Bill
Bill
Note
Note
Bill
Bill
Bill
3.691% Bill
3.675% Bill
3.671% Bill
3.507% Bill
3.587% Bill
3.811% Bill
Note
Bill
Bill
Note
Note
Bill
f 2/28/71
< 5/31/71
6/29/71
f 3/31/71
^ 6/30/71
7/6/71
8/15/71
8/15/71
4/30/71
7/31/71
8/16/71
f 5/31/71
^ 8/31/71
9/8/71
f 6/30/71
^ 9/30/71
10/1/71
10/22/71
7/31/71
10/31/71
4.688%
4.790%
6%
5.425%
5.567%
5.033%
7%
7%
5.944%
5.953%
6-1/2%
5.090%
5.125%
6-1/4%
5.242%
5.279%
1-1/2%
5-7/8%
4.496%
4.490%
6%
6-1/8%
Bill
Bill
Note
Bill
Bill
Bill
Note
Bond
Bill
Bill
Note
Bill
Bill
Note
Bill
Bill
Note
Note
Bill
Bill
Note
Bond
5/19/71
6/30/71
Bill
Bill
Bill
Bill
Note
Note
Note
Bill
Bill
Bill
Bill
Note
Bill
Note
Note
Bill
Bill
Note
Bill
Bill
Bill
1-1/2%
4.403%
4.422%
5%
5-3/4%
4.099%
4/29/71
6/22/71
6.452%
6.504%
6.467%
6.380%
7-3/4%
7-3/4%
7-1/2%
6.510%
6.396%
6.237%
6.216%
1-1/2%
5.970%
7-1/4%
7-1/2%
6.153%
6.072%
6-3/4%
5.184%
5.010%
4.695%
4/1/71
1/31/71
4/30/71
5/15/71
5/15/71
7/
4/27/71
5/26/71
Description of securities l /
i
10/28/71
11/15/71
Footnotes at end of table.
11/15/71
3/22/71 4/22/71 _ 4/30/71 7/31/71
- 2/15/74-C
- 8/15/77-B
- 2/15/72-C
_ 5/31/71 8/31/71
_ 6/30/71 9/30/71
- 10/1/75-E0
6/22/71 - 5/15/74-D
- 8/15/76-C
7/31/71 - 10/31/71
- 5/15/72-D
8/31/71
- 11/30/71
- "Strip" of
series
9/30/71 - 12/31/71
_ 8/15/75-C
- 2/15/78-A
- 10/31/71 1/31/72
- "Strip" of
series
- 11/30/71 2/29/72
4/22/71 -
Period to final
maturity
(years, months,
days) 2/
257d
273d
273d
365d
Tax ant. 5/
Tax ant. 5/
Reopening
6/
6/
Reopening
3y
7y
ly
6m
6m
273d
365d
273d
365d
Reopening
5y
Tax ant. 5/
Reopening 6/
Reopening
6/
Reopening
7 14/
244d
3y
5y
6m
9m
271d
365d
ly
6m
274d
365d
(Average) 57d
(In millions
_
3,139
2,264
_
_
30
4,505
2,511
_
_
-
of dollars)
2,516
2,261
500
1,202
3,190
501
1,204
501
1,202
2,515
_
501
1,201
2,037
501
1,200
2,105
In exchange
_
3,1391
2,264j
190 10/
_
_
30
4,505")\ 12/
2,511J
_
_
-
272d
365d
(Average)107.5d
500
1,199
1,204
274d
366d
23d
1,442
2,194
5,095
_
-
501
1,201
2,001
-
275d
366d
(Average) 128d
1,491
2,177
5,080
_
-
500
1,200
2,206
_
-
5y
1,449
2,223
_
3,093
27
_
3,452
3,231
-
500
1,200
27
1,682
2,347
4,028
1,302
2,152
3,886
_
_
3,115
612
_
_
_
11
_
8,207
1,192
6m
Reopening
Reopening
Tax ant. f>/
- 12/31/71 - Reopening
3/31/72
- "Strip" of 11 17/
series
- 4/1/76-EA
_ 1/31/72 - Reopening
4/30/72
_ 8/15/72-E
- 11/15/74-A - Reopening 6/
- "Strip" of 8 12/
series
2/29/72 - Reopening
5/31/72
- ll/15/72-F
3/31/72 - Reopening
6/30/72
9/21/71 - Tax ant. 5/
_ 11/15/75-D 6/
8/15/81
4/30/72 - Reopening
7/31/72
- 2/ 15/ 73-C
5/31/72 - Reopening
8/31/72
- l l / 15/ 76-D 6/
6/30/72 - Reopening
9/30/72
- 10/1/76-E0
- 2/15/75-E
_ 7/31/72 - Reopening
- 10/31/72
- 11/15/78-B 6/
- 11/15/86 4/
4,741
4,755
1,597
2,489
_
18,819 8/
1,221
2,036
1,170
1,721
5,593
_
1,222
2,006
5,254
1,323
1,854
3,560
For
cash
_
7,679
8,389
_
-
273d
365d
4y
7y
6 16/
Exchange
Amount issued
1,404
2,952
_
1,285
1,810
4,065
Reopening
Reopening
Amount of sub
scriptions tendered
276d
366d
ly 3m
3y 6m
(Average) 54.5d
273d
366d
ly
4|m
275d
366d
77d
4y 3m
10y
272d
366d
ly 6m
274d
366d
5y 2^m
274d
366d
5y
3y 3-3/4jh
273d
366d
7y
15y
(Continued on following page)
195 21/
1,583
2,300
4,136
1,544
2,262
3,407
1,370
2,220
4,615
1,524
2,385
_
24 21/
501
1,201
_
_
1,608
500
1,201
2,285
500
1,200
1,752
_
195
501
1,202
2,514
500
1,200
1,283
500
1,201
2,045
500
1,200
_
24
_
7,679^
8,389 >15/
Allot
ment
ratio
100
11/
100
12/
100
J
-
_
_
3,452^1
3,231J •18/
-
_
-
_
3,115^ 22/
612 f
20/
100
J
_
_
11
_
8, 207!
1,192j 26/
22/
24/
22/
100
39
O ctober 1 9 72
PUBLIC DEBT OPERATIONS.
Table PDO-4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or bill
tenders re
ceived
11/9/71
11/23/71
11/24-/71
12/8/71
Issue
date
11/15/71
f 8/31/71
{ 11/30/71
12/1/71
12/13/71
f 12/1/71
12/22/71
12/13/71
12/28/71
9/30/71
l 12/31/71
[10/31/71
1/31/72
2/15/72
2/15/72
ril/30/71
2/29/72
1/25/72
1/27/72
2/22/72
3/1/72
3/24/72
3/28/72
1/
4/25/72
5/2/72
5/23/72
6/23/72
7/25/72
fl2/3l/71
^ 3/31/72
4/3/72
4/1/72
/ 1/31/72
4/30/72
►5/15/72
2/15/72
- 2/29/72
5/31/72
1
(
7/27/72
V
8/24/72
9/26/72
{
Description of securities 1/
4-7/8%
4.580%
4.563%
4.558%
4.273%
3.846%
Note
Bill
Bill
Bill
Bill
Bill
2/15/73-D
8/31/72 11/30/72
4/21/72 6/21/72 4/21/72 -
4.
Bill
6/21/72
3.930%
3.927%
3.891%
3.936%
5-3/4%
6-3/8%
3.862%
4.091%
3.405%
Bill
Bill
Bill
Bill
Note
Bond
Bill
Bill
Bill
4.512%
4.661%
5-7.
1-1/2%
4.234%
4.362%
4-3/4%
6-3/8%
4.367%
4.465%
4.754%
4.853%
Bill
Bill
Note
Note
Bill
Bill
Note
Bond
Bill
Bill
Bill
Bill
9/30/72
12/31/72
10/31/72
1/31/73
2/15/76-E
2/15/82
11/30/72 2/28/73
"Strip" of
series
12/31/72 3/31/73
5/15/75-F
4/1/77-EA
1/31/73 4/30/73
5/15/73-E
2/15/82 2/28/73 5/31/73
3/31/73 6/30/73
4/30/72
7/31/72
4.731% Bill
4.918% Bill
8/15/72
8/15/72
8/15/72
5-7/8%
6-1/4%
6-3/8%
5/31/72
8/31/72
Bill
Bill
5.346% Bill
5.529% Bill
{
Footnotes on following page.
Note
Note
Bond
Period to final
maturity
(years, months,
days) 2/
ly
3m
Reopening
Tax ant. £/
Tax ant. 5/
Reopening
Tax ant. 5/
Reopening
Tax ant. 5/
Reopening
Reopening
4y
10y
Reopening
15 29/
3y
5y
Reopening
Reopening
iy
9y
4/30/73 - Reopening
7/31/73
5/31/73 - Reopening
8/31/73
6/30/73 - Reopening
9/30/73
175d
2,737
274d
366d
274d
366d
1,488
2,290
1,506
2,204
_
66^
1,526
1,915
6,430
275d
365d
l-l/2m
273d
365d
274d
365d
1,534
2,320
3,845
1,468
2,455
3,377
1,306
1,615
2,150
1,282
1,961
273d
365d
1,526
2,850
275d
365d
Reopening
2/l 5/76-F
8/15/79-A
8/15/84
275d
366d
142d
191d
114d
3m
Reopening
Cash
4,041
1,528
2,099
4,778
4,383
3,589
275d
365d
(Average) 73d
Reopening
Amount of sub
scriptions tendered
9m
3y
7y
l2y
Exchange
1,889
4,914
271d
360d
1,547
4,145
For
cash
('In millions of dollars)
2,768
1,500 22/
500
1,201
2,506
2,010
1,526
1,016
_
_
2,802
2,131
_
-
_
5
2,514
_
_
-
_
_
4,945p
4,563p
41p 2l / 2,313p
273d
362d
Amount issued 2/
_
_
501
1,200
500
1,200
66
500
1,200
3,065
501
1,201
1,776
500
1,200
1,279
505
501
1,200
501
1,201
500
1,201
_
-
41p
501
1,804
500
1,801
In exchange
u
1,500 27/
-
Allot
ment
ratio
28/
_
_
2,8021 ,
2,131/^
_
-
_
5
2,514 32/
_
-
ii/
12/
_
-
_
4,945^
4,563pW
2,313^
-
_
100
40
T re a s u ry B u lle t in
PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-4.
Source:
Bureau of the Public Debt.
l / For bill 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
of bill offerings see Table PDO-2.
2/ From date of additional issue in case of a reopening.
y In reopenings the amount issued is in addition to the amount of
original offering.
lj For securities exchanged for the new issues see Table PDO-7.
5/ Tax anticipation bill, accepted at face value in payment of income
taxes due on the 15th of the month in which the bills mature.
6/ Price at which issued appears in Table PDO-5.
1 / Exchange offering available to owners of nonmarketable 2-3/4% Treasury
bonds, Investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasury Bulletin for April
1951, page A-l. Amounts shown are as of September 30, 1972.
a/ Payment for subscriptions allotted could be made in cash or in
Treasury bonds or notes maturing on the issue date of the new security.
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.
10/ This is amount of bonds and notes maturing August 15, 1970 exchanged
by Federal Reserve banks and Government accounts.
11/ Subscriptions from the public for $200,000 or less were allotted in
full and those above that amount were allotted 9-l/2% but not less
than $200, 000.
12/ Includes $842 million of the 7-l/4% notes and $811 million of the
7-l/2%- notes allotted to Federal Reserve banks and Government accounts.
12/ Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 100.93 (yield 6.09$) down to 100.69 (yield 6.26%).
Sale of a "strip" of Treasury bills consisting of an additional $301
w
million of series maturing on January 7, 14, 21, and 28, and February 4,
11, and 18, 1971.
15/ 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.
16/ Sale of a "strip" of Treasury bills consisting of an additional $201
million of series maturing May 27, June 3, 10, 17, and 24, and
July 1, 1971.
17/ Sale of a "strip" of Treasury bills consisting of an additional $201
million of weekly series maturing from July 8 through September 16,
1971.
18/ Includes $1,457 million of the 5%notes and $1,046 million of the
5-3/4% notes allotted to Federal Reserve banks and Government accounts.
12/ Sale of a "strip” of Treasury bills consisting of an additional $201
20/
21/
22/
21/
2A/
25/
26/
27/
28/
29/
20/
■21/
22J
21/
2k/
21/
P
million of weekly series maturing from June 24 through August 12, 1971.
Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 100.38 (yield 5.71%) down to 99.93 (yield 6.05%)
with the average at 100.00 (yield 6.00%).
Cash subscriptions were accepted only from individuals in amounts 01
$10,000 or less.
Includes $592 million of the notes and $351 million of the bonds
allotted to Federal Reserve banks and Government accounts.
Sold at auction through competitive and noncompetitive bidding. Price?
accepted ranged from 100.08 (yield 6.44%) down to 99.87 (yield 6.59%)
with the average at 99.94 (yield 6.54%).
Sold at auction through competitive and noncompetitive bidding. Price?
accepted ranged from 101.44 (yield 5.92%) down to 101.00 (yield 6.02%)
with the average at 101.14 (yield 5.98%).
sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 101.25 (yield 5.46%) down to 100.80 (yield 5.61%)
with the average at 100.89 (yield 5.58%).
Includes $2,925 million of the notes and $673 million of the bonds
allotted to Federal Reserve banks and Government accounts.
Issued to Federal Reserve banks and Government accounts in exchange for
securities maturing November 15, 1971.
Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 100.10 (yield 4.79%) down to 99.90 (yield 4.96%)
with the average at 99.96 (yield 4.91%).
Includes $421 million of the notes and $554 million of the bonds
allotted to Federal Reserve banks and Government accounts.
Sale of a "strip" of Treasury bills consisting of an additional $204
million of eachweekly series maturing fromMarch 30 through July 6, 1972.
Sold at auction through competitive and noncompetitive bidding. Prices
accepted ranged from 100.50 (yield 5. 69%) down to 100.20 (yield 5.80%)
with the average at 100.26 (yield 5.78%).
Issued to Federal Reserve banks and Government accounts in exchange
for notes maturing May 15, 1972.
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 100.50 (yield 4.23%) down to 100.27
(yield 4.47%) with the average at 100.30 (yield 4. 44%).
Sold at auction through competitive and noncompetitive bidding.
Prices accepted ranged from 101.06 (yield 6.23%) down to 100.37
(yield 6. 32%) with the average at 100.60 (yield 6.29%).
Includes $1,028 million of the 5-7/8% notes, $1,437 million of the
6-1/4% notes and $1,180 million of the bonds allotted to Federal
Reserve banks and Government accounts.
Preliminary.
O ctober 1 9 72
41
PUBLIC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
6-1/2%
Note
2/15/73-C
$99.94
6.55%
2/
99.96
99.96
4.91
4.91
2/
7-3/4% Note
100.30
100.30
100.30
4.44
4.44
4.44
4-3/4% Note
6-3/4% Note
2/
99.40
99.40
7.93
7.93
5-5/8% Note
6-3/8% Note
100.25
100.25
4.22
4.22
4-5/8% Note
3-1/8% Note
-
99.62
99.62
99.62
5.71
5.71
5.71
2/
4-1/4% Note
3-3/4% Bond
-
11/15/71
4-3/4%
Note
5/15/73-E
5/15/72
3-1/8%
5-3/4%
Bond
Note
ll/15/73-A 1/
5/15/70
5/15/74
5/15/65
8/15/74-B
8/15/68
11/15/74 1/
11/15/74-A 1/
Note
2/15/75-A
(
2,382
132
1,279
3,792
f
5/15/71
2/15/68
3,497
1,186
4,683
732
1,329
2,062
5,414
4,442
428
10,284
517
11/15/61
1915
5-3/4%
Eligible securities exchanged
2,768
1,500
4,268
2/15/73-D
Note
Effective
interest
rate
$2,514
Note
5-5/8%
Average price
per hundred
8/16/71
4-
1974
4-1/436
)unt issued
l millions)
Date of
financing
Description of securities
99.00
3.97
2-1/2% Bond
1,860
1,371
3,231
99.60
99.60
5.81
5.81
5-1/4% Note
8%
Note
507
1,107
929
433
2,977
99.40
99.15
99.85
99.85
5.73
5.73
5.73
5.72
4-1/4% Note
3-3/4% Bond
5-1/4% Note
3-1/8% Bond
{
_
-
_
_
-
_
-
-
-
11/15/71-G
5/15/72-B
5/15/72-D
5/15/70-B
5/15/70-C
5/15/65-A
5/15/65-C
8/15/68-C
8/15/68
11/15/61
5/15/71-A
5/15/71-E
8/15/68-C
8/15/68
11/15/68-D
11/15/68
5-1/8%
Note
2/15/75-E
10/22/71
2,045
100.89
5.58
2/
5
Note
5/15/75-F
4/3/72
1,776
100.26
5.78
2/
Note
11/15/75-D
8/15/71
1,407
1,708
3,115
99.80
99.80
7.06
7.06
8-1/4% Note
Bond
4%
-
8/15/71-F
8/15/71
Note
2/15/76-A
2/15/69
3,037
702
3,739
l,715p
698p
l,095p
629p
808p
4,945p
2
1,109
571
1,683
2,511
99.75
99.75
6.29
6.29
5-5/8% Note
Bond
4%
-
2/15/69-A
2/15/69
99.75
99.75
99.75
99.75
99.75
5.97
5.97
5.97
5.97
5.97
5%
4%
2-1/2%
6%
2-1/2%
99.50
99.50
99.50
7.61
7.61
7.61
1-1/2% Note
Bond
4%
2-1/2% Bond
100.50
7.48
5%
2/
1976
6-1/4%
5-1/8%
1-1/2%
Note
Note
2/15/76-F
8/15/76-C
8/15/72
10/1/69
11/15/70
f
Note 8/15/72-E
Bond 8/15/72
Bond 9/15/67-72
Note 11/15/72-F
Bond - 12/15/67-72
Note
6-1/4%
Note
11/15/76-D
9/8/71
1,283
101.14
5.98
1977
7-3/4%
Note
8/15/77-B
8/15/70
752
1,512
2,264
99.75
99.75
7.80
7.80
6-3/8% Note
Bond
4%
633
3,109
1,446
602
841
509
1,067
8,207
99.75
99.75
99.75
99.75
99.75
99.75
99.75
6.05
6.05
6.05
6.05
6.05
6.05
6.05
5-3/8%
7-3/4%
4-3/4%
6-3/4%
5%
3-7/8%
4%
1978
Note
Footnotes at end o f ta b le .
11/15/78-B
11/15/71
(Continued on following page)
_
Note
Note
Note
Note
Note
Bond
Bond
-
10/1/69-E0
10/1/69
12/15/64-69
-
11/15/70-A
_
-
.
-
-
-
8/15/70-D
8/15/70
11/15/71-B
11/15/71-G
5/15/72-B
5/15/72-D
8/15/72-E
11/15/71
8/15/72
42
Treasury Bulletin
.
PUBLIC D E B T O P E R A T IO N S
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations - (Continued)
Description of securities
1980
4%
Bond
2/15/80 1/
Bond
8/15/81
Date of
financing
/ 1/23/59
\ 12/15/62
Effective
interest
rate
Amount issued
(In millions)
Average price
per hundred
. $884
34
*
34
$99.00
99.50
99.50
4.07%
4.04
4.04
2/
Series F&g savings bonds
2/
202
411
195
807
99.20
99.20
99.20
7.11
8-1/4%
505
100.60
{
Eligible securities exchanged
1981
7%
1982
Bond
6-3/8%
Bond
8/15/84
8/15/72
Bond
5/15/85
6/3/58
3-1/4%
Bond
11/15/86
11/15/71
1987
4-1/4%
1988
4%
1989
4-1/8%
7.11
7.11
4%
2/
-
8/15/71-F
8/15/71
-
8/15/72-E
8/15/72
9/15/67-72
11/15/72-F
12/15/67-72
11/15/74-A
11/15/74
2/15/75-A
2/15/75-E
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
99.40
6.34
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
6.50
5%
4%
2-1/2%
6%
2-1/2%
5-3/4%
3-7/8%
5-3/4%
5-7/8%
2J
1,135
100.50
3.22
2/
98
487
187
58
<
36
268
58
I
24
1,216
99.75
99.75
99.75
99.75
99.75
99.75
99.75
99.75
6.15
6.15
6.15
6.15
6.15
6.15
6.15
6.15
5-3/8%
7-3/4%
4-3/4%
6-3/4%
5%
3-7/8%
4%
Note
Note
Note
Note
Note
Bond
Bond
-
11/15/71-B
ll/15/71-G
5/15/72-B
5/15/72-D
8/15/72-E
11/15/71
8/15/72
101.00
101.00
101.00
4.19
4.19
4.19
4%
3-1/4%
Note
Note
-
8/15/62-B
8/15/62-G
'
*
{.
360
365
2/
2/
Bond
8/15/87-92 1/
8/15/62
Bond
2/15/88-93
1/17/63
252
99.85
4.01
2/
Bond
5/15/89-94
4/18/63
300
100.55
4.09
2/
1/ Additional issue.
2/ Issued for cash.
Note
Bond
15p
253P
221p
133p
I65p
< 539p
265p
453p
268p
^ 41p
2,313p
f
1986
6-1/8%
{.
5/15/72
6-3/8%
1984
1985
2/15/82 1/
8/15/71
*
p
Less than $500,000.
Preliminary.
2/
Note
Bond
Bond
Note
Bond
Note
Bond
Note
Note
43
O ctober 1 9 72
PUBLIC DEBT OPERATIONS,
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
Description of securities
5-5/8% Note -
8/15/74-B 8/
in/o^ /Art A-5/8% Note _ 5/l5/70-B /
JLU/
Do
(5-3/4% Note - 11/15/74-A ^
O/l±.£
c* f 6-3/8% Note _ 5/ 15/70-C
£/
j>
//A
oy
16-1/4% Note - 2/15/76-A
/6-3/8%
Note _ 8/15/70-D
^ /i /Aa
(6-1/2% Note - 5/15/76-B
8/15/69 7-3/4% Note - 2/15/71-D
(8%
Note _
10/1/69 (7-3/4% Note 17-1/2% Note 18-1/4% Note
2/15/70 <8-1/8% Note (8%
Note _
5/15/71-E
5/15/73-A
8/15/76-C
8/15/71-F
8/15/73-B
2/15/77-A
(7-3/4% Note _ 11/15/71-G
Amount issued
In
exchange
For
for
other
cash
securi
ties
4,870
5,414
_
_
-
_
_
-
-
_
-
3,679
5/15/70 (7-3/4% Note W
Note -
5/15/73-A 2 /
2/15/77-A £/
&/l ^/ r7D
o/±3/
/U (l-3/4% Note
2/15/74-C
8/15/77-B
_
2/15/72-C
3,190
_
<7-3/4% Note -
8/17/70
7-1/2% Note (7-1/4%
Note _
11 /1-£>/nc\
±±/±Z?/
tu 17-1/2% N
ote 11/16/70 6-3/4% Note (5-1/8% Note
5/15/74-D /
8/15/76-C *
9/8/71
10/22/71
11/15/71
^/±?/
0 /t a A 70
4/3/72
5/15/72
8/15/72
_
5/15/72-D
_ 8/15/75-C
_
_
2,285
Commer Indi
cial
vidu
banks
als
U
2/
Insur
ance
compa
nies
Private
Mutual Corpo pension
sav
rations and re
ings
tirement
banks 5/
funds
State and local
governments 6/
Pension
and re Other
tire
funds
ment
funds
21
158
Dealers
and
brokers
All
other
974
164
U
4,811
2,474
434
83
180
330
55
7,793
2,329
5,336
1,043
1,351
786
128
23
71
25
14
H
61
180
17
1
55
9
154
24
243
180
364
41
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
2,329
2,697
264
473
1,215
1,245
95
39
24
41
22
28
89
159
3
4
1
2
160
49
174
570
282
87
2,924
301
38
52
62
31
6
150
537
I84
276
37
24
240
136
380
381
65
56
125
1,438
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
2,257
1,839
1,856
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
7,065
4,683
3,307
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
364
311
65
3,139
2,264
150
479
1,929
967
166
74
38
29
38
22
62
35
6
20
2
6
167
47
335
513
248
72
64
190
190
1,664
656
13
43
78
18
3
110
269
325
4,505
2,511
838
811
2,481
1,033
292
94
44
24
37
10
61
40
13
7
4
2
393
22
343
392
205
77
-
-
1,593
119
2
4
11
3
*■
4
198
104
7,679
8,389
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
3,452
3,231
1,457
1,046
1,351
1,257
138
246
22
36
13
26
30
38
13
26
93
93
177
263
135
196
-
2,071
19
2
3
8
2
3
4
*
2
68
111
1,542
112
130
210
59
8
35
9
37
8
9
2
94
6
405
76
209
24
2
5
36
2
3
2
*
52
272
52
21
125
67
14
46
104
8/15/81
195
3,115
613
592
351
6-1/2% Note - 2/15/73-C
6-1/4% Note - 11/15/76-D
2,514
-
-
2,036
57
1,283
-
-
1,046
15
2
1
5
1
•*
2/15/75-E
2,045
9
1
1
35
1
1
11/15/73-D
l l /l 5/78-B
11/15/86
2,768
15
240
31
1
47
6
4
33
1
1
19
2
9
2
53
235
3
992
1,150
185
84
311
13
1,605
1,231
353
85
221
15
6
15
23
79
1
*
*
26
29
4
**
52
51
4
36
27
24
4
1
5
21
1
*
*
1
26
1
*
*
85
46
1
2
1
558
296
70
10
125
117
121
54
26
10
2,557
1,606
512
84
166
82
68
89
28
33
44
7
202
43
23
3
2
6
7
79
100
33
703
275
405
186
772
46
/l ^/ rT\ /7%
<7%
8/16/71
-
2,037
2/15/71 <6-1/4% Note
- 2/15/78-A
/5%
Note _ 8/15/72-E
5/15/71 <5-3/4%
Note - 11/15/74-A 2/
Note - 11/15/72-F
6/29/71 6%
J} / J . 9 / / i .
O
-
U.S. Gov
ernment
accounts
and
Federal
Reserve
Banks 2/
Note _ 11/15/75-D
Bond -
5-7/8% Note C-7/8% Note _
/6%
Note |6-l/8% Bond (5-3/4% Note _
<6-3/8% Bond 5-7/8% Note [4-3/4% Note
(6-3/8% Bond 6-7/8% Note _
<6-1/4% Note (6-3/8% Bond
5/15/76-E
2/15/82
5/15/75-F
5/15/73-E
2/15/82 9/
2/15/76-F
8/15/79-A
8/15/84
_
-
24
_
66
1,776
1,279
505
_
-
41P
1,500
8,207
1,192
1,500
2,915
673
1,833
1,566
3,197
296
2,802
2,131
2,514
-
420
1,446
4,945p
4,562p
2,313p
554
2,514
1,028
1,437
1,180
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 non
marketable 2-3/4% Treasury bonds, Investment Series B-1975-80.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
2/ Includes trust companies and stock savings banks.
4/ Includes partnerships and personal trust accounts.
5/ Exclusive of banks and insurance companies.
6/ Consists of trust, sinking, and invesxment funds of State and local
governments and their agencies.
7/ Includes savings and loan associations, nonprofit Institutions, and
111
24
31
_
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.
9/ Reopening of earlier issue.
* Less than $500,000.
^
p
Preliminary
44
T re a s u ry B u lle t in
PUBLIC DEBT OPERATIONS
Table PDO-6. - Allotm ents by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series
(in millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
*l7//i±o//A
a
Oy
f 12/22/69
I 3/23/70
J 4/30/70
f 7/31/70
J 5/31/70
| 8/31/70
nt// j)!/
t \ /A
q
oy
0//'il
J5l//aq
oy
11//da
<cO/aq
/Oy
r 6/ 30/70
\ 9/ 30/70
4/22/70
6/22/70
f 7/31/70
{10/31/70
J 4/22/70
\ 6/22/70
1T//^n
q
11
J>U/A
/ov
[ 8/31/70
{ 11/30/70
i1o/oi
q
^/ j5l//A
oy
J 9/30/70
{ 12/31/70
f 10/31/70
< 1/31/71
f 11/30/70
\ 2/28/71
4/22/70
9/22/70
r 12/ 31/70
( 3/ 31/71
1 1/31/71
( 4/30/71
f 2/28/71
{ 5/31/71
J 3/31/71
{ 6/30/71
3/22/71
4/22/71
f 4/30/71
t 7/31/71
J 5/31/71
t 8/31/71
J 6/30/71
< 9/30/71
6/22/71
r 7/31/71
\ 10/31/71
r 8/ 31/71
t n / 30/71
l 9/ 30/71
\12/ 31/71
r 10/ 31/71
t 1/ 31/72
/ n / 30/71
t 2/ 29/72
4/22/71
12/31/71
^ 3/31/72
1/31/72
^ 4/30/72
2/29/72
^ 5/31/72
3/31/72
6/30/72
oy//'in
j>u/ao
/oy
10/14/69
10/29/69
n//tJ5\l//aq
1U
09
1-j-//T
1 /’7
D
J>±/
t'O
0c/0^/'7C\
<
/<co/ /U
3/3/70
3/26/70
"2/'ii /in/u
3/31/
/on
Tl
4;/J
5U//O
/U
c;//qJ>
-i1//i7n
2
A//^n
n
0
JU//*7
^u
7/8/70
7/23/70
7/31/70
#/TI
O
/ ^5-L/7D
/ /U
Q
/q
n
V/J
>h
u//*7
/U
10/ 21/70
11U
n//'ji
7n
j51/A/U
11//'in
11
yo//in
1u
1q/oi
±<L/
J>1//nn
/u
1/ j>i//71
/1
0/o£
n
c./
£0/Af±
3/ 30/71
/m
30//01
31/71
; /ori /nn
4/30/71
5/31/71
/ /on /r7"l
6/30/71
Footnotes at end of table.
Average
rate
(Percent)
6.775
7.202
7.407
7.313
7.387
7.340
7.357
7.350
7.284
7.204
7.244
7.127
7.014
7.975
7.777
7.591
7.801
7.561
7.724
7.533
6.995
6.932
6.549
6.177
6.101
6.132
6.843
6.814
7.353
7.277
7.068
7.079
6.452
6.504
6.467
6.380
6.510
6.396
6.237
6.216
5.970
6.153
6.072
5.084
5.010
4.949
4.886
4.269
4.249
3.691
3.675
3.671
3.507
3.587
4.403
4.422
4.688
4.790
5.425
5.567
One-year
series
9-month
series
1/
Tax anti
cipation
series
Allotments by investor classes
U.S. Gov
ernment
Commeraccounts
cial
and Federal banks
Reserve
Banks 2/
1,763
1,752
1,202
1,201
1,005
500
150
367
500
180
500
75
350
125
348
2,007
3,004
1,003
500
312
1,007 5/
1,504 5/
1,001
1,002
1,003
1,200
1,200
1,200
1,201
501
500
116
502
200
328
500
150
269
-
259
126
500
500
500
501
2,517
2,261
1,202
1,204
1,202
500
501
1,201
1,201
1,199
1,201
1,200
1,201
1,200
383
-
162
501
409
125
317
150
373
501
501
200
500
501
2,001 5/
1,200
279
125
336
125
315
125
333
170
447
156
414
100
501
2,515
1,201
-
139
287
1,753 5/
1,758
1,201
_
500
500
500
500
(Continued on following page)
377
205
427
200
498
252
562
200
484
125
473
Corpo
rations
3/
Dealers
and
brokers
All
cither b/
1
*
*
29
27
1
12
12
168
10
139
1
8
2,004
2,971
*
266
190
-
1,733
1,722
171
349
190
427
322
161
128
1,002
1,497
61
228
157
305
77
215
106
151
1,745
1,749
133
317
176
303
141
179
145
324
2,483
2,256
49
59
160
216
224
250
2,510
167
304
160
339
211
211
133
246
3
7
11
_
*
27
10
2
16
14
11
2
-
1
21
-*
2
12
22
6
19
-
20
17
11
15
5
22
-
1
17
10
38
11
12
11
26
137
310
10
21
798
127
209
65
233
15
250
195
324
11
6
34
*
7
8
11
5
21
391
97
309
201
450
254
336
194
318
184
266
201
600
194
438
170
398
I64
546
170
396
252
41
159
454
153
446
152
358
188
419
119
560
119
393
123
385
1,180
162
414
10
360
226
435
124
229
83
21
110
19
135
3
33
13
102
5
7
47
123
23
118
25
180
32
178
8
9
47
146
29
161
58
138
55
129
33
5
9
638
15
105
19
101
5
19
113
18
88
10
45
37
157
26
58
12
5
45
173
38
51
21
51
153
45
O ctober 1 9 72
PUBLIC DEBT OPERATIONS,
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series - (Continued)
(in millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
One-year
series
9-month
series
1/
(Percent)
7/6/71
9/21/71
7l/APn-L/71
/ 11.
f 4/30/72
) 7/31/72
&
An1//n~\
0/^
(X
~11/-?
\ t /or\0//n~i
71
/ 5/31/72
8/31/72
f 6/30/72
\ 9/30/72
/ 7/31/72
n.o/31/72
J 8/31/72
\11/30/72
5.033
5.944
5.953
5.090
5.125
5.242
5.279
4-496
4.490
4.580
4.563
12/1/71
4/21/72
4.558
12/13/71
6/21/72
4.273
9/31/71
Tn/oi /m
12/29/71
f 4/21/72
\ 6/21/72
3.846
4.056
T
Id0/Al
J±/A1n1
f 9/30/72
\12/31/72
3.930
3.927
1/AJL/
1 /no
(d
JlO/31/72
\ 1/31/73
ill/30/72
\ 2/28/73
J12/ 31/72
y 3/31/73
/ 1/31/73
^4/30/73
3.891
3.936
3.862
4.091
4.512
4.661
4.234
4.362
f 2/28/73
V
5/ 31/73
r
^63// 31/73
30/73
r
4/ 30/73
<7/31/73
4.367
0/oq
d/
dy//no
td
'zAi /no
3/3-L/
Id
> /on/no
4/30/
Id
5/31/72
6/30/72
7/31/72
0c>//o~\
31//no
(d
J 5/31/73
y 8/28/73
4.466
4.754
4.853
4.723
4.918
5.040
5.178
U.S. Gov
ernment
Tax anti accounts
cipation and Federal
series
Reserve
Banks 2/
1,200
1,201
1,200
1,201
1,200
1,200
1,201
1,200
1,200
1,201
1,201
1,803
Dealers
and
brokers
All
other k /
6
15
5
21
20
46
1
2
11
21
94
219
184
374
1
464
182
442
80
411
4
11
109
5
38
168
49
20
39
17
32
2,506
-
2,090
-
400
16
2,010
-
2,004
-
-
6
1,520
1,012
-
_
-
-
6
4
128
198
10
11
109
482
104
41
150
558
125
424
150
543
150
695
68
334
103
345
112
297
151
271
*
12
5
10
15
16
*
216
244
123
384
135
232
83
210
66
52
144
37
89
113
116
24
175
553
150
496
75
627
73
194
50
342
149
412
107
199
54
767
*
10
6
11
^]0
12
*
1
185
270
126
241
173
337
165
608
91
25
70
41
135
26
209
233
500
500
500
500
501
500
500
501
500
501
501
500
501
Source:
Based on subscription and allotment reports. For detail of
offerings see Table PDO-4.
l / Reopening of one-year series.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
Corpo
rations
3/
1,748
215
319
56
360
136
217
147
200
192
392
501
1,526 5/
1,016 5/
1,200
Commercial
banks
175
540
250
407
175
425
150
517
200
345
1,752
1,202
Allotments by investor classes
1/
k/
5/
_
150
468
_
-
_
Exclusive of banks and insurance companies.
Included with all other investors are certain Government deposit ac
counts and Government-sponsored agencies, formerly included with
Government investment accounts.
Reopening of earlier issue.
* Less than $500,000.
46
T re a s u ry B u lle t in
PUBLIC DEBT OPERATIONS
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
Called or maturing securities 1/
Date of
ref-uncling
or retire
ment
Description
7/31/70
8/15/70
8/31/70
9/23/70
9/30/70
10/1/70
10/31/70
11/15/70
11/30/70
12/31/70
1/31/71
Issue
date
Amount
out
standing
Disposition offers
Results of ex
by Treasury
change offers
Turned
Cash
Exchange
Exin for
retire
security
cash 2/
ment
offered
(fri mi; .lions of dollars)
1,202] ,
500 I
; Bill
; Bill -
7/31/70
7/31/70
7/31/69
7/31/69
1,202
500
> Note -
8/15/70
5/15/69
2,329
2,329
Bond -
8/15/70
6/20/63
4,129
4,129
6,458
5,404
1,055 6/
8/31/70
8/31/70
9/23/70
9/30/70
9/30/70
10/1/70-E0
10/31/70
10/31/70
11/15/70-A
8/31/69
8/31/69
3/26/70
9/30/69
9/30/69
10/1/65
10/31/69
10/31/69
2/15/66
6,458
1,201
501
1,758
1,005
500
113
1.003
502
7,675
7,675
7,016
660
11/30/70
11/30/70
11/30/69
11/30/69
1,001
500
1,070
1,0'
1,028"
1,321
315'
635
326
441
^2,427 >
2,480
353
Total
r7.340%; Bill
7.777%- Bill " 6.177%■ Bill ^7.350%■ Bill _
7.801%■ Bill 1-1/2%- Note ^7.127%■ Bill _
7.724%■ Bill Note 7.591% Bill _
■ Bill 7.561% Bill _
6.101% Bill ^7.533%■ Bill _
- Bill 5-3/8% Note -
749
12/31/69
12/31/69
1,002
500
1/31/71
1/31/71
1/31/70
1/31/70
1.003
500
L,003 )
500 I 1 /
2/15/71-C
8/30/67
2,509
2,509
7-3/4% Note -
2/15/71-D
8/15/69
2,924
2,924
2-1/2% Bond -
3/15/71
12/1/44
1,219
1,219
11/15/71-B 11/15/66
1,734
1,734
11/15/71-G
5/15/70
10,743
10,743
> Bond -
11/15/71
5/15/62
2,760
2,760
■ Note -
2/15/72-A
2/15/67
2,006
2,006
Note -
2/15/72-C
8/17/70
3,375
3,375
Bond -
2/15/72
11/15/62
2,344
2,344
575
2/15/71
Total.
29,614
29,614
L, 200)
500J 1 /
2/28/71
6.932%. Bill
Bill -
2/28/71
2/28/71
2/28/70
2/28/70
1,200
500
3/15/71
2-1/2% Bond -
3/15/71
12/1/44
269
269
3/22/71
6.452% Bill -
3/22/71
7/8/70
2,517
2,517
3/31/71
r6.132% Bill
7.068% Bill -
3/31/71
3/31/71
3/31/70
3/31/70
1,201
501
1,201 1 .
5010 I A/
4/1/71
Note -
4/1/71-EA
4/1/66
35
4/22/71
6.504% Bill _
3.671% Bill -
4/22/71
4/22/71
7/23/70
3/30/71
2,261
2,001
, 261)
,001 J
4/30/71
4/30/71
4/30/70
4/30/70
1,200
500
,200)
500 j
4/30/71
f 6.814% Bill
^6.467% Bill
Footnotes at end of Table.
Note
C-1974
Note
B-1977
Note
C-1974
Note
B-1977
of Note C-1974
of Note B-1977
4,505 of 7-1/4% Note 3>-1974
2,511 of 7-1/2% Note C-1976
500J
12/31 70
12/31/70
Note -
7-3/4%
7-3/4%
7-3/4%
7-3/4%
3,139
2,264
306
1.,201)
501 >1 /
1,758 k /
1,005 '
500 1 /
113 ^
1,003"
502 1 /
L,002 )
500j 1 /
5-3/8%• Note -
Description of new
securities offered
(See also Table PDO-4)
V
35
(Continued on following page)
893
786
600^
606
387^
304
634^
730
16,067
f 5-7/8%
6-1/4%
^5-7/8%
6- 1/ 4%
* 5-7/8%
^6-1/4%
“ 5-7/8%
^6- 1/ 4%
' 5-7/8%
V6-1/4%
_
-
_
C-1975
A-1978
C-1975
-
A-1978
-
A-1978
-
A-1978
-
A-1978
_
_
C-1975
C-1975
C-1975
r 5- 7/ 8% Note
\ 6- 1/ 4% Note
j 5- 7/ 8% Note
\ 6- 1/ 4% Note
-
A-1978
-
A-1978
Note
Note
-
A-1978
-
A-1978
r 5- 7/ 8%
6- 1/ 4%
[ 5- 7/ 8%
1 6- 1/ 4%
\
928
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
_
C-1975
C-1975
C-1975
C-1975
f 7,679 of 5-7/8% Note
\ 8,389 of 6-1/4% Note
47
O ctober 1 9 7 2
PUBLIC DEBT OPERATIONS.
Table PDO-7. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing se cu ritie s l /
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
D isposition offers
by Treasury
Cash
retire
ment
(in
Exchange
Ex
security
changed
offered
millions of dollars)
Note
-
5/15/71-A
8/15/66
4,265
4,265
' 1,780 ^
1,860 J
626
5%
5-3/4%
Note
Note
E-1972
E-1974
8%
Note
-
5/15/71-E
10/1/69
4,176
4,176
' 1,672 ^
1,371J
1,133
'5%
5-3/4%
Note
Note
E-1972
A-1974
8,44-2
8,442
6,682
1,759
3,452 of 5%Note
3,231 of 5-3/4% Note
Total
6/22/71
7.277% Bill
^6.510% Bill
5.970%
Bill
-
5/31/71
5/31/71
5/31/70
5/31/70
1,200
501
1,200 I
501
-
6/22/71
10/21/70
2,515
2,515 14/
-
6/30/71
6/30/71
6/30/70
6/30/70
1,201
501
1,2011 /
501j J /
1 ,2 0 2 ) ,
501 \ 2/
6/30/71
'*7.079% Bill
6.237% Bill
7/31/71
^6.380% Bill
^6.153% Bill
-
7/31/71
7/31/71
7/31/70
7/31/70
1,202
501
r4%
Bond
-
8/15/71
3/1/62
2,806
2,806
,8-1/4%
Note
-
8/15/71-F
2/15/70
2,257
2,257
1,708
411<
1,407
202
5,063
5,063
3,727
8/15/71
Total
8/31/71
*6.396%
5.048%
Bill
Bill
-
8/31/71
8/31/71
8/31/70
8/31/70
1,204
501
1,204V/
501j 2 /
9/21/71
5.033%
Bill
-
9/21/71
7/6/71
1,752
1,752^4/
9/30/71
"6.215%
4.949%
Bill
Bill
-
9/30/71
9/30/71
9/30/70
9/30/70
1,202
501
I, 202^
1
50Ij 2 /
10/1/71
1-1/2%
Note
-
10/1/71-E0
10/1/66
10/31/71
r6.012%
4.369%
Bill
Bill
-
10/31/71
10/31/71
10/31/70
10/31/70
1,201
500
f3-1/8%
Bond
-
11/15/71
5/15/62
1,081
1,081
5-3/8%
Note
-
11/15/71-B 11/15/66
967
967
7-3/4%
Note
-
ll/15/71-G
5/15/70
5,836
5,836
4-3/4%
Note
-
5/15/72-B
5/15/67
5,310
5,310
6-3/4%
Note
-
5/15/72-D
11/16/70
2,037
2,037
4%
Bond
-
8/15/72
9/15/62
2,579
2,579
V.5%
Note
-
8/15/72-E
5/15/71
3,452
3,452
( *&}
21,262
21,262
9,399
11/15/71
Total
11/30/71
12/31/71
1/31/72
2/15/72
Description of new
securities offered
(See also Table PDO-4)
Turned
in for
cash 2/
Vl/4%
5/15/71
5/31/71
Results of ex
change o ffe rs
-
11/30/71
11/30/71
12/31/71
12/31/71
1/31/72
1/31/72
2/15/72-A
11/30/70
11/30/70
12/31/70
12/31/70
1/31/71
1/31/71
2/15/67
Note
-
2/15/72-C
8/17/70
4%
Bond
-
2/15/72
11/15/62
7-3/4%
4-1/8%
7-1/4%
4-1/4%
Total
Note 8/Bond 8/Note 8/Bond 8/-
2/15/74-c
2/15/74
5/15/74-D
5/15/74
8/15/70
1/15/65
11/15/70
5/15/64
: 5.010%
i 3.691%
14.886%
i 3.507%
14.249%
^4.403%
"4-3/4%
Bill
Bill
Bill
Bill
Bill
Bill
Note
7-1/2%
Footnotes at end of tab le.
-
_
687
649
1,336
7%
7%
7%
7%
Note
Bond
Note
Bond
D-1975
8/15/81
D-1975
8/15/81
3,115 of 7% Note
612 of 7% Bond
72
1,201
501
1,201
500
1,199
500
800
1,201^
500J 1 /
509
268
633^
‘ 3,109
487 I
' 1,446^
187
304
6%
237
2,240 7/
602
58
: 1,067
58
2,781
'6%
6-1/8%
'6%
6-1/8%
Note
Bond
Note
Bond
Note
Bond
B-1978
11/15/86
B-1978
11/15/86
B-1978
11/15/86
"6%
6-1/8%
6%
6-1/8%
Note
Bond
Note
Bond
B-1978
11/15/86
B-1978
11/15/86
’6%
6-1/8%
Nota
Bond
B-1978
11/15/86
6 -1 /S i
Note
6-1/8% Bond
8,207 of 6% Note
1,192 of 6-1/8% Bond
B-1978
11/15/86
1,2011 .w
501j A/
1,201] /
500 j J /
1’ 1"
500' I) J3//
800
2,6
980
3,139
3,125
4,505
3,577
3,139
3,125
4,505
3,577
18,816
18,816
(Continued on following page)
( i)
231
5-3/4%
^6-3/8%
Note
Bond
E-1976
2/15/82
1,821"
144
467
203
179
657
172
721
724
'5-3/4%
6-3/8%
*5-3/4%
6-3/8%
Note
Bond
Note
Bond
E-1976
2/15/82
E-1976
2/15/82
4,933
310
9/
1,264
"2,802 of 5-3/4% Note
2,131 of 6-3/8% Bond
48
T re a s u ry B u lle tin
_ PUBLIC DEBT OPERATIONS
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
2/29/72
3/31/72
4/1/72
4/21/72
4/30/72
Issue
date
Description
3.6
4.6
2/29/72
2/29/72
Bill
Bill
Amount
out
standing
Disposition offers
by Treasury
Cash
Exchange
retire
security
ment
offered
l,20l"l^
2/28/71
2/28/71
1,201
500
500
34
Bill
Bill
3/31/72
3/31/72
3/31/71
3/31/71
1-1/2# Note
4/1/72-EA
4/1/67
34
Bill
Bill
4/21/72
4/21/72
12/1/71
12/1/71
2,506
1,526
^4.422# Bill
5.944$ Bill
4/30/72
4/30/72
4/30/71
4/30/71
1,201
501
1,201^3/
5/15/72-B
5/15/67
5/15/72-D 11/16/70
3,676
1,377
1,294\>10/
1,245 J'
4.5
3.5
u
501
5/15/72
4-3/4$ Note
^6-3/4$ Note
5/31/72
"4.790# Bill
Bill
5/31/72
5/31/72
5/31/71
5/31/71
1,201
500
1,201^
6/15/72
2-1/2$ Bond
6/15/72
6/1/45
1,226
1,226
6/21/72
Bill
Bill
6/21/72
6/21/72
12/13/71
12/13/71
2,010
1,016
2,010"\
1,016?
6/30/72
5.567$ Bill
5.242$ Bill
6/30/72
6/30/72
6/30/71
6/30/71
1,200
500
1,200^1
Bill
Bill
7/31/72
7/31/72
7/31/71
7/31/71
1,202
500
1,202'1
500j
8/15/72-E
5/15/71
2,574
2,574
9/15/62
1,453
1,453
7/31/72
*5.9
4.4
8/15/72
4#
9/15/72
2-1/2$ Bond
6$
8/15/72
11/15/72-F
Note
12/15/72
2-1/2$ Bond
5-3/4$ Note 8/ - l l / l 5/74-A
10/20/41
6/29/71
11/15/45
zif2h/
500J J/
500J
1,951
2,285
2,547
3-7/8# Bond 8/
-
ll/l 5/74
12/2/57
2,236
2,236
5-3/4$ Note 8/
-
2/15/74-A
2/15/68
5,148
5,148
5-7/8$ Note 8/
-
2/15/75-E
10/22/71
2,045
2,045
27,451
27,451
8/31/71
8/31/71
9/15/72
2-1/2$ Bond
9/15/72
10/20/71
1,200
500
454p
9/30/72
A . 279$ Bill
V3.930# Bill
9/30/72
9/30/72
9/30/71
9/30/71
1,201
501
10/1/72
1-1/2# Note
10/1/72-E0
10/1/67
33
Footnotes on following page.
l,095p
I8lp
221p
629p \
197p >
133pJ
808pl
223p >
l65pJ
2,547
7,212
8/31/72
8/31/72
698p (
124p >
253pJ
2,285
7,212
5.125$ Bill
4.580$ Bill
l,715p^
6l2p )
15pJ
1,951
11/15/67
8/31/72
Description of new
securities offered
(See also Table PDO-4)
500
1,200
500
3.5
5.4
Results of ex
change offers
Turned
Ex
in for
changed
cash 2/
1,200 1 ,
500
454p
1,201 2 /
501J
33
f
I
6-7/8#
<6-1/4#
|6-3/8$
Note
Note
Bond
-
378p
(5-7/8$
<6-1/4$
^6-3/8$
Note
Note
Bond
-
-
6-7/8#
(6-1/4$
U-3/8$
Note
Note
Bond
-
6-7/8$
<6-1/4$
|6-3/8$
Note
Note
Bond
_
-
6-7/8$
<6-1/4$
^6-3/8$
Note
Note
Bond
-
f o - l / 4#
(6-3/8%
Note
Bond
-
(6-1/4$
|6-3/8#
Note
Bond
-
/ 6-I/ 4#
|6-3/8$
Note
Bond
-
[ 6-1/ 4$
(6-3/8$
Note
Bond
-
232p
l,233p ^
_ 539PJ
_
758?^!
2«PJ
679p'\
453pj
555p^
268p f
_
ll,820p
_
_
610
_
_
-
_
-
_
-
_
-
_
_
_
_
_
|4,945p of 5-7/8$ Note
\4,563p of 6-I/ 4# Note
\2,313p of 6-3/8$ Bond
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
F-1976
A-1979
8/15/84
A-1979
8/15/84
A-1979
8/15/84
A-1979
8/15/84
A-1979
8/15/84
O ctober 1 9 72
49
PUBLIC DEBT OPERATIONS.
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 bills (see Table PDO-4).
i j Tax anticipation issue: for detail of offerings beginning July 1969,
see Table PDO-4; for amounts redeemed for taxes and for cash see
"Note" below.
Of this amount $10 million of the 6-3/8% notes and $180 million of
the 4%bonds were exchanged by Federal Reserve banks and Government
accounts for 7-1/2% notes of Series C-1972. Other holders of the
maturing securities were not given preemptive rights to exchange
their holdings for the 7-1/2% notes.
6/ Federal Reserve banks and Government accounts exchanged $1,500
million of the notes for 4-7/8% notes issued November 15, 1971.
7/ Subscribers exchanging these securities may elect, for Federal
8/
2/
10/
p
income tax purposes, to recognize gain or loss on account of the
exchange either in the taxable year of the exchange or (except to
the extent that cash is received) in the taxable year of disposition
or redemption of the securities received in the exchange. Any gain
to the extent that cash was received by the subscriber (other than
as an interest adjustment) must be recognized in the year of the
exchange.
The four securities due in 1974 were eligible to be exchanged only
for the 6-3/8% bonds.
Public holders of these securities were not given preemptive rights
to exchange them but they could be used in payment for newsecurities
allotted.
Exchanged by Federal Reserve banks and Government accounts for 4-3/4%
notes issued May 15, 1972.
Preliminary.
Note: Information on retirement of tax anticipation issues referred to
in footnote ■4.
of_dollars;____ __________ __________
a?. ,in millions
~m r,. _—
Redeemed
Redeemed
Total
Date of
Securities
amount
for
for
retirement
retired
taxes
cash
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
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
4/22/71
Bill
6/22/71
9/21/71
4/21/72
6/21/72
Bill
Bill
Bill
Bill
1,763
1,752
2,007^1
1,007 )
1,753 /
3,004A
1,504J
1,758
2, 517
2,261 \ i
2,001j :
2, 515
1,752
4,033
3,026
464
425
1,299
1,327
1,135
3,632
1,222
750
457
3,286
1,008
2,060
957
3,305
1,158
899
1,023
1,934
1,357
853
3,010
1,092
50
Treasury Bulletin
.PUBLIC DEBT OPERATIONS,
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars;
Amount
Month of
activity
Securities
Issue
date
Maturity
date
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
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
Interest
rate
Issued
(Percent)
Certificates of indebtedness
1970-July.
_
-
450
10
271
100
250
20
30
45
215
15
10
-
100
-
11/2/70
6.40
-
11/5/70
11/10/70
11/17/70
11/24/70
11/25/70
6.45
6.45
6.55
6.55
6.20
10
50
35
60
10
5/1/69
8/3/70
8/3/70
8/3/70
12/23/71
1/20/72
6.25
7.25
7.25
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
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
6.80
6.45
6.45
6.40
6.35
6.35
5.95
5.95
5.95
5.80
5.80
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
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
6.45
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
Notes
12/31/68
10/28/70
11/2/70
1/20/72
6.40
6.60
90
1
-
Bonds
9/16/64
11/1/70
4.25
-
30
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
1
11/30/70
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
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
12/31/68
n/2/70
11/2/70
2/2/72
6.40
6.50
Certificates of indebtedness
Certificates of indebtedness
Oct.
Certificates of indebtedness
Notes
t
(Continued on following page)
_
200
100
_
-
28
8
15
10
50
20
400
_
-
100
10
271
250
30
20
30
30
45
15
40
10
_
_
-
10
50
25
35
40
300
60
125
10
100
300
120
_
28
> 3,911
-
12/31/68
Certificates of indebtedness
Total outstanding
end of month
(’In millions
271
250
100
70
100
' 8/5/70
8/10/70
8/17/70
8/24/70
8/25/70
Aug.
Sept.
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
Retired
3
_
-
300
-
150
20
250
215
-
\
3,971
>
3,755
-
200
10
271
250
20
30
45
15
10
275
-
-
10
50
35
60
10
125
-
28
3
> 4,637
October 1972
51
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries -
(Continued)
(Payable in U.S. Dollars)
Month of
activity
Issue
date
Securities
Maturity
date
Interest
rate
Retired
In millions of dollars)
(Percent)
Certificates of indebtedness
1970-Dec.
Certificates of indebtedness
1971-Jan.
Certificates of Indebtedness
Notes
Certificates of indebtedness
Mar.
28
9/15/70
9/16/70
9/22/70
9/23/70
9/28/70
9/30/70
10/1/70
10/7/70
10/22/70
10/28/70
J 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
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
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
f 9/23/69
/ 11/2/70
1 12/21/70
12/21/70
2/2/72
2/24/72
7.85
6.50
5.15
r 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
i 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
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
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
271
250
55
30
70
30
20
40
f
9/24/69
1/18/71
1/18/71
2/24/72
7.80
4.75
50
r 11/10/70
11/23/70
11/23/70
11/27/70
2/3/71
J 2/10/71
\ 2/16/71
2/23/71
2/23/71
2/10/71
2/23/71
2/23/71
2/26/71
5/3/71
5/10/71
3/16/71
5/24/71
5/24/71
5.45
5.30
5.30
4.80
4.15
3.85
3.54
3.50
3.50
75
60
250
40
300
2/24/71
^ 2/26/71
5/24/71
5/26/71
3.50
3.50
35
100
10/1/69
2/18/71
2/18/71
4/27/72
8.00
3.90
50
' 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
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
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
150
140
280
30
35
200
130
f 10/31/69
3/25/71
4/27/72
7.35
3.65
125
1
f
\
^
3/25/71
(Continued on following page)
Total outstanding
end of month
15
10
50
20
100
10
20
15
10
10
125
100
10
30
28
>
4,331
15
8
15
10
50
100
100
1
100
271
250
30
30
30
45
40
10
50
35
60
200
12
8
15
10
5
3,926
30
40
15
40
300
100
4,331
50
120
30
45
100
30
250
150
)
125
4,571
Treasury Bulletin
52
PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Securities
Issue
date
Maturity
date
Interest
rate
Amount
Issued
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
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
Notes
1/15/70
4/22/71
4/22/71
5/25/72
7.95
4.40
Certificates of indebtedness
2/3/71
2/10/71
2/23/71
2/23/71
2/24/71
2/26/71
3/1/71
3/31/71
4/7/71
4/7/71
5/3/71
5/4/71
5/7/71
5/7/71
5/7/71
5/7/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/13/71
5/14/71
5/19/71
5/24/71
5/24/71
5/26/71
5/26/71
5/3/71
5/10/71
5/24/71
5/24/71
5/24/71
5/26/71
6/1/71
6/30/71
7/7/71
7/7/71
8/3/71
8/4/71
8/6/71
8/6/71
8/6/71
8/6/71
8/10/71
8/10/71
8/10/71
8/10/71
8/10/71
8/13/71
8/13/71
8/19/71
8/24/71
8/24/71
8/26/71
8/26/71
4.15
3.85
3.50
3.50
3.50
3.50
3.50
3.55
3.70
3.70
3.90 ;
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
3.90
4.35
4.35
4.35
4.50
4.50
Certificates of indebtedness
1971-Apr.
May.
{i
Certificates of indebtedness
Notes
1/30/70
5/15/70
5/20/71
5/27/71
5/20/71
5/27/71
6/22/72
6/22/72
8.10
7.60
5.35
5.10
3/1/71
3/1/71
3/9/71
3/10/71
3/22/71
4/7/71
4/19/71
4/26/71
5/4/71
5/7/71
5/10/71
5/10/71
5/13/71
5/24/71
6/1/71
6/9/71
6/10/71
6/28/71
6/1/71
6/1/71
6/9/71
6/10/71
6/22/71
7/7/71
7/19/71
7/26/71
8/4/71
8/6/71
8/10/71
8/10/71
8/13/71
8/24/71
9/1/71
6/24/71
9/10/71
9/28/71
3.50
3.50
3.30
3.30
3.30
3.70
4.05
3.80
3.90
3.90
3.90
3.90
3.90
4.35
4.35
4.55
4.55
4.95
3/2/70
5/15/71
6/17/71
6/24/71
6/25/71
6/25/71
6/25/71
6/25/71
.6/25/71
6/17/71
6/24/71
7/20/72
7/20/72
6/26/72
6/25/73
6/25/74
6/25/75
6/25/76
7.125
7.60
5.85
5.85
5.95
6.20
6.45
6.55
6.65
4/7/71
4/8/71
4/15/71
4/26/71
4/27/71
5/10/71
5/10/71
6/28/71
7/7/71
7/8/71
7/15/71
7/26/71
7/27/71
8/10/71
8/10/71
9/28/71
3.70
3.70
5.424
3.80
3.90
3.90
3.90
4.95
(Continued on following page)
Total outstanding
end of month
(In millions
(Percent)
1/8/71
1/15/71
1/19/71
1/25/71
1/27/71
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
Retired
-
30
40
200
250
271
250
55
70
20
_
150
_
-
75
200
80
100
1,010
-
1,000
575
60
110
235
250
42
58
35
300
30
100
_
-
100
100
_
-
280
30
35
60
_
-
100
100
600
600
600
600
600
_
-
-
271
250
55
70
20
-
35
-
150
75
60
<40
300
35
100
30
130
165
40
-
100
-
80
-
)
7,831
)
7,606
180
-
150
_
-
100
100
-
110
280
30
35
200
250
55
65
50
950
1,000
315
100
160
-
30
-
1Q0
100
-
30
271
250
5
20
80
100
60
October 1972
53
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Securities
Interest
rate
Issue
date
Maturity
date
7/1/71
7/2/71
7/6/71
7/7/71
7/8/71
7/8/71
7/9/71
7/13/71
7/15/71
7/21/71
7/26/71
7/27/71
7/28/71
10/1/71
10/4/71
10/6/71
10/7/71
10/8/71
10/8/71
10/12/71
10/13/71
10/15/71
10/21/71
10/26/71
10/27/71
10/28/71
3/26/70
3/31/70
7/7/71
7/7/71
7/7/71
7/7/71
7/7/71
7/14/71
7/14/71
7/14/71
7/14/71
7/14/71
7/22/71
7/29/71
7/22/71
7/29/71
7/7/72
7/9/73
7/8/74
7/7/75
7/7/76
7/14/72
7/16/73
7/15/74
7/14/75
7/14/76
8/24/72
8/24/72
6.70
6.79
6.05
6.45
6.65
6.75
6.85
5.80
6.30
6.60
6.70
6.80
5.94
6.15
5/3/71
5/4/71
5/7/71
5/10/71
5/10/71
5/10/71
5/14/71
5/19/71
5/24/71
5/24/71
5/26/71
5/26/71
8/3/71
8/4/71
8/4/71
8/6/71
8/9/71
8/10/71
8/10/71
8/12/71
8/12/71
8/13/71
8/16/71
8/16/71
8/16/71
8/17/71
8/17/71
8/17/71
8/17/71
8/18/71
8/18/71
8/18/71
8/18/71
8/18/71
8/19/71
8/19/71
8/20/71
8/20/71
8/23/71
8/24/71
8/24/71
8/24/71
8/26/71
8/30/71
8/31/71
8/31/71
8/31/71
8/3/71
8/4/71
8/6/71
8/10/71
8/10/71
8/10/71
8/13/71
8/19/71
8/24/71
8/24/71
8/26/71
8/26/71
11/3/71
11/4/71
11/4/71
11/5/71
3/30/72
11/10/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/17/71
11/16/71
11/17/71
11/17/71
11/17/71
11/17/71
9/20/71
9/20/71
9/20/71
11/18/71
11/18/71
9/20/71
9/20/71
9/20/71
9/20/71
9/23/71
9/24/71
11/24/71
11/24/71
11/26/71
9/30/71
10/1/71
10/1/71
10/1/71
3.90
3.90
3.90
3.90
3.90
3.90
3.90
4.35
4.35
4.35
4.50
4.50
5.30
5.30
5.30
5.30
5.90
5.40
5.40
5.40
5.40
5.40
5.40
5.40
5.40
4.95
4.95
4.95
4.95
4.68
4.68
4.68
4.95
4.95
4.55
4.55
4.45
4.45
4.45
4.50
4.75
4.75
4.75
4.50
4.35
4.35
4.35
4/9/70
6/4/70
11/2/70
8/26/71
8/26/71
8/26/71
2/2/72
9/21/72
6.84
7.55
6.50
5.40
6/1/71
6/10/71
8/18/71
8/19/71
8/23/71
8/24/71
8/30/71
9/1/71
9/10/71
9/20/71
9/20/71
9/23/71
9/24/71
9/30/71
4.35
4.55
4.68
4.55
4.45
4.50
4.50
Amount
Issued
(In millions
(Percent)
Certificates of indebtedness
1971-July.
Certificates of indebtedness
Aug.
I
5.10
5.10
5.50
5.50
5.50
5.50
5.50
5.40
5.424
5.55
5.55
5.55
5.55
(Continued on following page)
Retired
115
52
327
30
271
396
86
97
250
40
5
20
25
_
-
200
200
200
200
200
200
200
200
200
200
100
100
_
-
75
150
55
60
200
40
110
70
300
100
20
245
60
505
350
100
10
237
230
92
35
596
552
65
155
28
631
155
141
35
30
167
1,180
15
29
_
-
200
_
-
-
Total outstanding
end of month
— I— ;----------
115
52
327
-
396
86
97
>
9,431
-
100
100
_
-
75
100
60
135
60
110
42
58
140
35
30
100
-
150
-
230
92
-
65
155
28
153
-
100
100
1
280
35
237
552
478
155
167
> 14,385
54
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
Issue
date
Securities
Maturity
date
Interest
rate
Amount
Issued
Certificates of indebtedness
1971-Sept.
f
Certificates of indebtedness
Notes
Bonds
4.35
4.35
4.55
4.40
4.35
4.35
4.35
4.85
4.85
4.75
4.75
4.70
4/30/70
9/23/71
9/23/71
10/26/72
7.46
5.40
7/7/71
7/8/71
7/15/71
7/21/71
7/26/71
7/27/71
7/28/71
8/31/71
8/31/71
)
9/3/71
\
9/8/71
9/10/71
10/1/71
10/4/71
10/7/71
10/8/71
10/8/71
10/15/71
10/21/71
^10/28/71
10/7/71
10/8/71
10/15/71
10/21/71
10/26/71
10/27/71
10/28/71
10/1/71
10/1/71
10/4/71
10/8/71
10/12/71
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/14/72
1/21/72
1/28/72
5.50
5.50
5.424
5.55
5.55
5.55
5.55
4.35
4.35
4.40
4.35
4.35
4.70
4.70
4.55
4.55
4.55
5.424
4.40
4.45
f
Certificates of indebtedness
10/1/71
10/1/71
12/1/71
10/4/71
10/8/71
10/8/71
10/12/71
12/20/71
12/20/71
12/23/71
12/24/71
12/30/71
-
285
75
44
100
35
552
237
712
155
167
_
200
_
-
685
75
30
271
44
250
40
25
_
6/11/70
/ 6/18/70
\ 11/2/70
1 10/28/71
10/28/71
10/28/71
2/2/72
1/25/73
7.65
7.65
6.50
4.80
8/3/71
8/4/71
8/6/71
8/10/71
8/12/71
8/12/71
8/13/71
8/16/71
8/16/71
8/16/71
8/17/71
8/17/71
8/17/71
8/17/71
8/17/71
8/18/71
8/18/71
8/24/71
8/24/71
8/26/71
11/3/71
11/4/71
11/5/71
11/10/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
11/17/71
11/17/71
11/18/71
11/18/71
11/24/71
11/24/71
11/26/71
11/30/71
11/3/71
11/4/71
11/5/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
11/17/71
11/17/71
11/17/71
11/17/71
2/17/72
11/18/71
11/18/71
11/24/71
11/24/71
11/26/71
1/3/72
2/4/72
12/30/71
1/3/72
2/10/72
2/11/72
2/11/72
2/15/72
2/16/72
2/16/72
2/17/72
2/17/72
2/17/72
2/18/72
2/18/72
2/24/72
2/24/72
2/25/72
2/29/72
5.30
5.30
5.30
5.40
5.40
5.40
5.40
5.40
5.40
5.40
4.95
4.95
4.95
4.95
4.15
4.95
4.95
4.75
4.75
4.75
4.15
4.25
4.00
4.00
4.20
4.20
4.20
4.20
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.25
4.25
4.25
4.35
f 6/25/70
1 11/2/70
\ 11/18/71
11/29/71
11/18/71
2/2/72
2/22/73
2/22/73
7.63
6.50
4.75
4.95
200
100
9/16/64
11/1/71
4.25
-
(Continued on following page)
Total outstanding
end of month
’(In millions
(Percent)
8/31/71
8/31/71
< 9/1/71
9/3/71
9/8/71
9/8/71
9/10/71
9/20/71
9/20/71
9/23/71
9/24/71
^ 9/30/71
Retired
-
200
_
_
-
750
-
70
55
60
45
105
70
300
100
60
20
10
350
100
35
600
141
35
30
100
_
-
15
498
-
> 14,230
-
100
-
200
30
271
250
40
5
20
25
682
29
75
44
35
-
>
H,144
>
14,293
-
100
100
*
75
55
60
150
70
300
100
60
20
245
505
10
350
100
-
35
596
35
141
30
15
-
10
_
-
200
1
-
24
October 1972
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
Certificates of indebtedness
1971-Dec.
Notes
Certificates of indebtedness
1972-Jan.
Notes
Certificates of indebtedness
Issue
date
Maturity
date
Interest
rate
9/1/71
9/20/71
9/20/71
9/23/71
9/24/71
9/30/71
11/3/71
11/5/71
11/10/71
11/17/71
12/1/71
12/7/71
12/7/71
12/14/71
12/15/71
12/17/71
12/20/71
12/20/71
12/20/71
12/23/71
12/24/71
12/24/71
12/30/71
12/1/71
12/20/71
12/20/71
12/23/71
12/24/71
12/30/71
1/3/72
12/30/71
1/3/72
2/17/72
3/1/72
3/7/72
3/7/72
3/14/72
3/15/72
3/17/72
3/20/72
3/20/72
3/20/72
3/23/72
3/24/72
3/24/72
2/29/72
(Percent)
4.55
4.85
4.85
4.75
4.75
4.70
4.15
4.00
4.00
4.15
4.35
4.10
4.10
3.95
3.95
3.95
4.05
4.05
4.05
4.05
4.05
4.05
3.35
300
100
153
60
48
200
362
163
558
721
158
60
50
8/3/70
12/6/71
12/7/71
12/23/71
12/23/71
3/22/73
4/26/73
3/29/73
7.25
4.80
4.65
4.70
100
175
200
10/1/71
10/4/71
10/7/71
10/8/71
10/8/71
10/15/71
10/21/71
10/28/71
11/10/71
1/3/72
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/10/72
1/14/72
1/21/72
1/28/72
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/14/72
1/21/72
1/28/72
1/3/72
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/7/72
4/10/72
4/14/72
4/21/72
4/28/72
4.70
4.70
4.55
4.55
4.55
5.424
4.50
4.45
4.00
3.75
3.75
3.75
3.75
3.75
3.75
3.75
5.424
3.30
3.50
8/3/70
10/28/70
1/20/72
1/20/72
1/20/72
1/20/72
4/26/73
5/24/73
7.25
6.60
4.30
4.30
11/4/71
11/10/71
11/12/71
11/12/71
11/15/71
11/16/71
11/16/71
11/17/71
11/17/71
11/17/71
11/17/71
11/18/71
11/18/71
11/24/71
11/24/71
11/26/71
11/30/71
12/30/71
2/4/72
2/10/72
2/11/72
2/11/72
2/15/72
2/16/72
2/16/72
2/17/72
2/17/72
2/17/72
2/17/72
2/18/72
2/18/72
2/24/72
2/24/72
2/25/72
2/29/72
2/29/72
2/4/72
2/10/72
2/11/72
2/11/72
2/15/72
2/16/72
2/16/72
2/17/72
2/17/72
2/17/72
2/17/72
2/18/72
2/18/72
2/24/72
2/24/72
2/25/72
2/29/72
2/29/72
5/4/72
5/10/72
5/12/72
5/12/72
5/15/72
5/16/72
5/16/72
5/17/72
5/17/72
5/17/72
5/17/72
5/18/72
5/18/72
5/24/72
5/24/72
5/25/72
5/30/72
5/30/72
4.25
4.20
4.20
4.20
4.20
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.25
4.25
4.25
4.35
3.35
3.40
3.15
3.15
3.15
3.10
3.10
3.10
3.10
3.10
3.10
3.10
3.10
3.10 !
3.15
3.15
3.15
3.45
3.45
(Continued on following page)
Issued
-
_
_
.
-
550
35
75
30
271
44
100
250
40
25
_
-
100
90
_
-
55
105
70
300
100
60
20
10
350
715
100
600
35
35
141
30
100
50
Retired
Total outstanding
end of month
(In millions of
285
552
237
712
155
167
55
50
10
35
-
42
60
48
192
) 14,738
-
163
-
200
-
685
75
30
271
44
250
40
25
35
-
100
90
-
55
105
70
300
100
60
20
10
350
715
100
600
35
35
141
30
100
50
-
-
> 14,703
Treasury Bulletin
56
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
date
Maturity
date
lTl"b€iZ*0St
rate
Issued
Certificates of indebtedness
1972-Mar.
Certificates of indebtedness
Apr.
Notes
May.
c Certificates of indebtedness
11/2/70
11/21/70
1/18/71
2/2/72
2/24/72
2/2/72
2/24/72
2/24/72
12/3/73
5/24/73
6.50
5.15
4.75
4.80
4.25
8/9/71
12/1/71
12/7/71
12/7/71
12/17/71
12/20/71
12/23/71
12/24/71
12/24/71
2/16/72
2/24/72
3/1/72
3/7/72
3/7/72
3/20/72
3/20/72
3/23/72
3/24/72
3/24/72
3/30/72
3/1/72
3/7/72
3/7/72
3/17/72
3/20/72
3/23/72
3/24/72
3/24/72
5/16/72
5/24/72
6/1/72
6/7/72
6/7/72
6/20/72
6/20/72
6/23/72
6/26/72
6/26/72
5.90
4.35
4.10
4.10
3.95
4.05
4.05
4.05
4.05
3.10
3.15
3.45
3.55
3.55
3.85
3.85
3.95
3.95
3.95
300
100
111
564
362
728
60
159
3/15/72
3/30/72
9/15/76
6/21/73
2.50
5.05
158
200
1/3/72
1/3/72
1/4/72
1/7/72
1/7/72
1/7/72
1/10/72
1/14/72
1/21/72
1/28/72
2/15/72
3/24/72
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/10/72
4/21/72
4/28/72
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/7/72
4/10/72
4/14/72
4/21/72
4/28/72
5/15/72
6/26/72
7/3/72
7/3/72
7/3/72
7/7/72
7/7/72
7/10/72
7/20/72
7/28/72
3.75
3.75
3.75
3.75
3.75
3.75
3.75
5.424
3.30
3.50
3.10
3.95
3.85
3.80
3.80
3.80
3.80
3.80
3.85
3.55
2/18/71
3/25/71
4/7/72
4/7/72
4/7/72
4/7/72
4/7/72
4/7/72
4/27/72
4/27/72
4/27/72
4/7/78
7/7/78
1-0/6/78
2/7/79
3/7/79
4/6/79
7/19/73
3.90
3.65
6.20
6.20
6.20
6.25
6.25
6.25
4.60
2/4/72
2/10/72
2/11/72
2/11/72
2/11/72
2/15/72
2/16/72
2/17/72
2/17/72
2/17/72
5/4/72
5/10/72
5/12/72
5/12/72
5/12/72
5/15/72
5/16/72
5/17/72
5/17/72
5/17/72
3.40
3.15
3.15
3.15
3.15
3.10
3.10
3.10
3.10
3.10
2/17/72
2/18/72
2/18/72
2/24/72
2/25/72
2/29/72
2/29/72
4/4/72
5/4/72
5/10/72
5/12/72
5/12/72
5/16/72
5/17/72
5/17/72
5/17/72
5/17/72
5/18/72
5/17/72
5/18/72
5/18/72
5/24/72
5/25/72
5/30/72
5/30/72
7/3/72
8/4/72
8/10/72
8/11/72
8/11/72
8/16/72
8/17/72
8/17/72
8/17/72
8/17/72
8/18/72
3.10
3.10
3.10
3.15
3.15
3.45
3.45
3.80
3.60
3.50
3.50
3.50
3.70
3.70
3.70
3.70
3.70
3.70
(Continued on following page)
Total outstanding
end of month
(In millions
(Percent)
Notes
Retired
-
22
150
_
-
_
_
_
_
-
557
75
35
44
30
100
40
25
_
400
400
450
400
400
450
175
_
-
-
_
-
55
105
70
200
20
10
715
350
100
35
22
100
50
-
200
300
100
111
8
362
721
60
158
60
141
-
100
111
-
-
_
550
35
75
271
44
30
100
250
40
25
50
60
_
-
-
50
125
-
55
105
100
70
200
50
20
715
350
10
100
35
600
35
30
50
100
20
-
-
16,332
57
October 1972
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Amount
Maturity
date
Intere st
rate
5/18/72
5/24/72
5/25/72
5/30/72
5/30/72
8/18/72
8/24/72
8/25/72
8/30/72
8/30/72
(Percent)
3.70
3.85
3.85
3.80
3.80
Notes
4/22/71
5/25/72
5/25/72
8/23/73
4.40
4.67
Certificates of indebtedness
3/1/72
3/20/72
3/20/72
3/23/72
3/24/72
5/12/72
5/17/72
6/1/72
6/20/72
6/20/72
6/23/72
6/26/72
6/28/72
6/28/72
6/1/72
6/20/72
6/20/72
6/23/72
6/26/72
8/11/72
8/17/72
9/1/72
9/20/72
9/20/72
9/25/72
9/26/72
9/28/72
12/28/72
3.45
3.85
3.85
3.95
3.95
3.50
3.70
3.80
3.95
3.95
3.95
3.95
4.05
4.50
5/20/71
5/27/71
6/25/71
6/22/72
6/26/72
6/22/72
6/22/72
6/26/72
9/20/73
6/27/77
5.35
5.10
5.95
4.95
5.95
200
600
100
100
600
-
4/3/72
4/4/72
4/4/72
4/7/72
4/7/72
4/10/72
4/21/72
4/28/72
5/17/72
5/30/72
6/1/72
6/28/72
7/3/72
7/3/72
7/6/72
7/6/72
7/7/72
7/7/72
7/7/72
7/10/72
7/17/72
7/17/72
7/18/72
7/18/72
7/18/72
7/18/72
7/18/72
7/19/72
7/19/72
7/19/72
7/20/72
7/28/72
7/3/72
7/3/72
7/3/72
7/7/72
7/7/72
7/10/72
7/20/72
7/28/72
8/17/72
8/30/72
9/1/72
9/28/72
10/3/72
10/3/72
10/6/72
10/6/72
10/6/72
10/6/72
10/6/72
10/10/72
10/17/72
10/17/72
10/18/72
10/18/72
10/18/72
10/18/72
10/18/72
10/19/72
10/19/72
10/19/72
10/20/72
10/27/72
3.85
3.80
3.80
3.80
3.80
3.80
3.85
3.55
3.70
3.80
3.80
4.05
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.15
4.10
4.10
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
4.05
_
15
632
270
50
350
30
44
100
70
250
17
450
417
24
83
31
193
91
40
25
557
15
75
30
44
100
40
25
405
50
300
878
270
350
417
-
6/17/71
6/24/71
7/7/71
7/14/71
7/7/72
7/14/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
7/19/72
_7/20/72
7/20/72
7/20/72
7/7/72
7/14/72
7/7/77
7/14/77
3/22/76
3/22/77
9/22/77
3/22/78
9/22/78
5/15/79
7/16/79
10/18/73
5.85
5.85
6.05
5.80
5.90
5.875
5.75
5.90
5.90
5.95
6.00
6.05
6.10
5.00
' 5/4/72
5/10/72
5/12/72
5/12/72
5/16/72
5/17/72
5/17/72
5/17/72
5/17/72
5/18/72
5/18/72
8/4/72
8/10/72
8/11/72
8/11/72
8/16/72
8/17/72
8/17/72
8/17/72
8/17/72
8/18/72
8/18/72
3.60
3.50
3.50
3.50
3.70
3.70
3.70
3.70
3.70
3.70
3.70
Month of
Activity
Securities
1972-June.
Certificates of indebtedness
July.
Notes
Source: Bureau of the Public Debt.
* Less than $500,000.
Issue
date
(Continued on following page)
Issued
Retired
Total outstanding
end of month
(In millions of d.oilars)
600
35
30
50
100
_
150
_
-
300
564
362
728
159
878
75
_
_
200
200
500
500
500
500
500
500
500
200
_
-
-
_
-
150
300
362
564
728
159
150
52
-
100
100
200
200
-
-
-
55
105
70
50
20
10
258
350
100
35
600
>
N
\ 16,913
} 20,039
Treasury Bulletin
58
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
Maturity
date
Interest
rate
Issued
5/24/72
5/25/72
5/30/72
7/19/72
8/4/72
8/10/72
8/11/72
8/11/72
8/14/72
8/14/72
8/15/72
8/16/72
8/16/72
8/16/72
8/17/72
8/17/72
8/17/72
8/18/72
8/18/72
8/24/72
8/25/72
8/30/72
8/24/72
8/25/72
8/30/72
10/19/72
11/3/72
11/10/72
11/13/72
11/13/72
11/14/72
11/14/72
11/15/72
11/16/72
11/16/72
11/16/72
11/17/72
11/17/72
11/17/72
11/17/72
11/17/72
11/24/72
11/24/72
11/30/72
3.85
3.85
3.80
3.95
3.80
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
4.05
4.05
4.35
_
_
_
_
55
105
70
50
8
20
15
20
18
2
10
275
100
35
600
35
30
100
f 7/22/71
< 7/29/71
^ 8/24/72
8/24/72
8/24/72
11/29/73
5.94
6.15
5.05
_
200
6/20/72
6/20/72
6/23/72
6/26/72
7/18/72
Certificates of indebtedness I\ 7/19/72
8/11/72
8/14/72
8/16/72
9/20/72
9/20/72
9/25/72
w 9/26/72
9/20/72
9/20/72
9/25/72
9/26/72
10/18/72
10/19/72
11/13/72
11/14/72
11/16/72
12/20/72
12/20/72
12/26/72
12/26/72
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
3.95
4.65
4.65
4.65
4.65
r 8/26/71
< 9/15/72
\ 9/21/72
9/21/72
3/15/77
12/27/73
5.40
2.50
5.60
Certificates of indebtedness
1972-Aug..............
Notes
Sept.............
Issue
date
Notes
Source:
Bureau of the Public Debt.
* Less than $500,000.
_
_
_
_
-
_
-
564
362
728
159
_
157
200
Retired
Total outstanding
end of month
35
30
100
41
k
719,728
_
_
_
_
_
_
_
_
_
_
_
_
_
-
_
100
100
-
>
564
362
728
159
30
50
50
8
2
>19,745
-
_
200
-
-
-
October 1972
59
PUBLIC DEBT OPERATIONS
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Amount
(Dollar equivalent)
Month of
activity
Securities
f
Certificates of indebtedness
1970-July,
Notes
Aug..
Certificates of indebtedness
Sept,
Notes
Oct..
Notes
Certificates of indebtedness
1971-Jan..
Notes
Certificates of indebtedness
Feb..
Notes
Mar..
Certificates of indebtedness
Certificates of indebtedness
May.
June.
Payable
in —
Certificates of indebtedness
Notes
Certificates of indebtedness
July.
/ Swiss
1 Swiss
" Swiss
> Swiss
Swiss
Swiss
Maturity
date
Interest
rate
(Percent)
8.08
6.75
francs
francs
1/23/70
7/23/70
7/23/70
1/22/71
francs
francs
francs
francs
4/9/69
4/29/70
7/9/70
7/29/70
7/9/70
7/29/70
10/8/71
10/29/71
francs
francs
2/6/70
8/6/70
8/6/70
2/5/71
8.125
6.75
francs
francs
6/9/69
9/9/70
9/9/70
12/9/71
6.89
6.90
francs
francs
francs
francs
7/3/69
7/16/69
10/5/70
, 10/16/70
10/5/70
10/16/70
1/5/72
1/17/72
7.70
7.55
6.70
6.55
j 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
^ Swiss
Swiss
1 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
/ Swiss
I Swiss
/ Swiss
\ Swiss
r Swiss
> Swiss
Swiss
^ Swiss
6.20
6.20
7.30
7.23
francs
3/10/71
9/10/71
3.35
r Swiss francs
1/22/71
2/5/71
3/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
5/10/71
7/22/71
8/5/71
9/10/71
9/10/71
6/1/71
7/6/71
7/22/71
8/5/71
8/6/71
8/19/71
9/13/71
10/8/71
10/29/71
12/9/71
1/5/72
1/17/72
1/30/70
4/6/70
5/6/70
5/19/70
6/11/70
7/9/70
7/29/70
9/9/70
10/5/70
10/16/70
1/29/71
2/18/71
5/10/71
5/10/71
5/10/71
6/1/71
5/10/71
5/10/71
7/22/71
7/6/71
6/1/71
7/6/71
8/6/71
8/19/71
9/13/71
10/8/71
10/29/71
12/9/71
1/5/72
1/17/72
5/30/72
5/18/72
5/k8/72
5/30/72
6/1/71
9/1/72
4.40
4.26
3.35
3.35
8.10
6.75
4.40
4.26
7.70
7.73
7.60
7.30
7.23
6.90
6.70
6.55
8.10
6.75
7.70
7.73
7.60
7.30
7.23
6.90
6.70
6.55
4.40
3.90
3.90
4.40
8.10
5.15
7/6/71
7/22/71
1/21/72
6.75
4.40
5.75
10/6/72
5/10/71
5/10/71
5/10/71
8/5/71
8/5/71
8/6/71
8/19/71
2/4/72
6.15
4.26
7.70
7.73
5.75
3.35
7.60
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
< Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
^ Swiss
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
r Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
francs
Swiss
Swiss
I Swiss
< Swiss
1 Swiss
francs
francs
francs
francs
francs
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
Notes
f
Certificates of indebtedness
J1
\k
Notes
jr Swiss francs
Swiss francs
1L Swiss francs
8/6/71
8/19/71
8/27/71
Certificates of indebtedness
' Swiss francs
. Swiss francs
5/10/71
5/10/71
11/6/72
11/20/72
8/27/73
9/10/71
9/13/71
Notes
i Swiss francs
1 Swiss francs
9/10/71
9/13/71
12/11/72
12/13/72
5.45
5.55
Certificates of indebtedness
1 Swiss francs
1 Swiss francs
5/10/71
5/10/71
10/8/71
10/29/71
7.30
7.23
Notes
1 Swiss francs
1 Swiss francs
10/8/71
10/29/71
5/10/71
12/9/71
1/8/73
1/29/73
12/9/71
3/9/73
2/4/72
5.25
4.85
6.90
4.80
Aug.
Sept.
Oct.
Dec.
Issue
date
Certificates of indebtedness
Notes
Swiss francs
Swiss francs
Swiss francs
8/5/71
(Continued on following page)
6.35
5.65
5.67
5.75
Issued
Retired
Total outstanding
end of month
(In millions of dollars)
100
100
1,366
_
30
39
30
40
_
50
1,366
50
_
101
1,366
101
_
22
134
1,366
22
133
_
100
100
30
1,366
30
_
50
50
1,366
30
30
250
_
_
263
27
55
105
53
27
29
24
32
42
106
24
140
_
_
_
_
32
32
_
27
_
105
55
_
53
27
29
333
_
269
25
33
43
Ill
2
1,616
100
50
250
>
1,664
26
52
26
28
23
30
40
101
22
133
30
30
27
J
55
105
i
53
27
29
1.664
\
1.664
J
'i
1
1,998
263
24
32
42
2,005
2,008
106
2,013
Treasury Bulletin
60
PUBLIC DEBT OPERATIONS,
Table PDO-9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
Amount
(Dollar equivalent)
Month of
activity
Payable
in —
Securities
Issue
date
Maturity
date
Interest
rate
Retired
(Percent)
1972-Jan..
7/3/67
4/1/68
6/24/68
8/19/69
10/2/69
5/10/71
5/10/71
6/1/71
7/6/71
8/6/71
8/19/71
9/10/71
9/13/71
10/8/71
10/29/71
12/9/71
8/27/71
Swiss francs
\ Swiss francs
V Swiss francs
5/10/71
5/10/71
7/22/71
1/21/72
Swiss francs
Swiss francs
1/5/72
1/17/72
j Swiss francs
\ Swiss francs
8/5/71
2/4/72
f German marks
( German marks
V. German marks
7/3/67
10/2/69
3/3/72
3/3/72
10/2/73%) /
'Swiss francs
Swiss francs
Swiss francs
„Swiss francs
Swiss francs
Swiss francs
German marks
5/10/71
5/10/71
5/18/72
5/30/72
1/21/72
7/21/72
7/3/67
5/18/72
5/30/72
8/20/73
8/30/73
7/21/72
1/19/73
7/3/72
5.75
3.625
5.28
4.43
2.051
3.90
4.40
4.77
4.55
3.50
4.375
5.28
Swiss francs
Swiss francs
2/4/72
8/4/72
8/4/72
2/2/73
3.625
4.25
57
Swiss francs
Swiss francs
6/1/71
9/1/72
9/1/72
11/30/73
5.15
5.50
29
Notes 1/
Certificates of indebtedness
) Swiss francs
Notes
Feb.
Certificates'of indebtedness
Notes
May,
July.
{
Certificates of indebtedness
Notes
Aug.
Sept.
Certificates of indebtedness
Notes
(In millions of dollars)
German marks
German marks
German marks
German marks
German marks
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
Swiss francs
{
Source: Bureau of the Public Debt.
l/ Dollar value of securities increased to reflect market exchange rates
as of December 31, 1971.
2/ Note issued October 2, 1969, was cancelled and a new note was issued
3/3/72
10/2/72
12/22/72
2/19/73
10/2/73
5/18/72
5/30/72
9/1/72
10/6/72
11/6/72
11/20/72
12/11/72
12/13/72
1/8/73
1/29/73
3/9/73
8/27/73
1/5/72
1/17/72
1/21/72
7/21/72
5.28
5.73
6.25
3.05
4.43
3.90
4.40
5.15
6.15
6.35
5.65
5.45
5.55
5.25
4.85
4.80
5.67
4/5/73
4/17/73
2/4/72
8/4/72
4.50
4.15
10/2/73j
Total outstanding
end of month
17
17
17
18
19
1
1
1
3
1
1
6
1
6.70
6.55
5.75
3.50
) 2,147
24
140
105
25
148
55
56
2,148
76
153
2.072
33
33
2.072
153
33
34
111
114
1,999
76
56
28
2,000
2,001
at a lower interest rate to partially compensate for the increase in
dollar value given this security in January 1972.
Less than $500,000.
October 1972
61
UNITED STATES SAVINGS BONDS,
Series E and Series H are the only savings bonds cur
rently sold.
Series E has
been on sale since May 1, 1941,
and Series H has been on sale since June 1, 1952,
A - D were sold from March 1 , 1935
Series
F and G were sold
30, 1952.
Series
through April 30,
from May 1, 1941
1941.
through April
Sera es J and K were sold from May 1, 1952
through
April 30, 1957.
Details of the principal changes in issues,
interest yields,
maturities, and other terms appear in the
Treasury Bulletins of April 1951, May 1952, May 1957, October
and December 1959,
September
1970;
May and
October 1961,
June 1968,
and
and the Annual Report of the Secretary of
the Treasury for fiscal years 1966 through 1971.
Table SB-1. - Sales and Redemptions by Series, Cumulative through August 31, 1972
(In millions of dollars)
Amount outstanding
Series
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Redemptions 1/
A-D 2/ ...............
E and H ...............
F and G ...............
J and K ...............
3,949
161,063
28,396
3,556
1,054
35,401
1,125
198
5,003
196,464
29,521
3,754
4,998
139,767
29,496
3,745
Total A-K ...................
196,963
37,778
234,741
178,006
Series
Series
Series
Series
Interestbearing debt
Matured
noninterestbearing debt
56,698
24
56,698
Footnotes at end of Table SB-4.
Table SB-2. - Sales and Redemptions by Periods, All Series Combined
(In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 2/
Amount outstanding
Accrued
discount jl/
Interestbearing debt
Matured
noninterestbearing debt
Fiscal vears:
1935-62........
1963...........
1964...........
1965...........
1966.........
1967...........
1968...........
1969...........
1970...........
1971...........
1972...........
147,345
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939
19,843
1,408
1,476
1,517
1,554
1,626
1,735
1,789
1,841
2,056
2,310
167,187
5,926
6,132
6,060
6,204
6,592
6,473
6,338
6,291
7,138
8,249
119,370
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
108,917
4,482
4,383
4,488
4,792
4,971
4,978
5,237
5,508
4,342
4,306
10,453
791
781
858
932
951
1,003
1,102
1,240
1,083
1,032
47,607
48,314
49,299
50,043
50,537
51,213
51,712
51,711
51,281
53,003
55,921
211
157
139
110
95
88
82
82
55
46
39
Calendar vears:
1935-61........
1962...........
1963...........
1964........ .
1965...........
1966...........
1967...........
1968...........
1969...........
1970.......... .
1971...........
145,068
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
5,477
19,154
1,397
1,423
1,508
1,527
1,591
1,686
1,759
1,832
1,909
2,192
164,221
5,675
6,183
6,117
6,013
6,451
6,584
6,4.55
6,224
6,574
7,669
116,428
5,602
5,021
5,252
5,441
6,000
5,793
6,133
6,639
6,295
5,244
106,380
4,792
4,259
4,445
4,552
5,043
4,842
5,094
5,457
5,072
4,224
10,049
810
762
807
889
957
951
1,040
1,182
1,223
1,021
47,458
47,535
48,827
49,734
50,324
50,752
51,581
51,917
51,549
51,842
54,275
335
331
201
158
141
164
126
112
64
50
42
415
407
457
439
521
537
582
502
573
532
493
562
472
183
190
174
203
598
597
631
642
426
382
400
430
348
311
326
351
78
71
74
79
53,616
53,831
54,062
54,275
44
43
43
42
213
183
196
199
182
205
222
194
207
734
720
777
702
755
737
715
756
679
526
449
458
428
446
474
449
487
439
411
357
369
340
361
384
364
396
359
114
92
90
88
85
90
86
91
80
54,484
54,755
55,075
55,349
55,658
55,921
42
41
40
40
40
39
56,188
56,457
56,698
39
38
38
Months:
1971 Sept.......
Oct........
Nov..... .
Dec........
1972-Jan........
Feb... .
Mar........
Apr........
May........
June.......
July.......
Aug........
Sept.......
Treasury Bulletin
62
UNITED STATES SAVINGS B O N D S_________________________________________
Table SB-3. - Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 1/
Amount outstanding
Accrued
discount 3/
Interest-bearing
debt
Matured
noninterestbearing debt
Se]r*ies E and H conibined
Fiscal years:
1941-62............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
1972...............
111,445
4,518
4,656
4,543
4,650
4,965
4,739
4,550
4,449
5,082
5,939
17,545
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
2,056
2,310
128,989
5,904
6,114
6,045
6,192
6,584
6,470
6,337
6,291
7,138
8,249
84,034
4,500
4,736
4,987
5,305
5,449
5,715
6,198
6,721
5,416
5,331
75,619
3,759
3,982
4,154
4,408
4,536
4,739
5,112
5,484
4,334
4,300
8,416
742
754
833
897
913
976
1,086
1,237
1,082
1,031
44,955
46,359
47,737
48,795
49,682
50,817
51,572
51,711
51,281
53,003
55,921
-
Calendar vears:
1941-61............
1962...............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
109,168
4,278
4,760
4,609
4,486
4,860
4,898
4,696
4,393
4,665
5,477
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
2,192
126,037
5,650
6,164
6,101
6,000
6,440
6,578
6,452
6,224
6,574
7,669
81,551
" 4,636
4,557
4,841
5,117
5,477
5,439
5,915
6,565
6,281
5,237
73,539
3,882
3,823
4,061
4,254
4,561
4,519
4,898
5,391
5,060
4,217
8,012
754
733
780
863
916
919
1,017
1,173
1,221
1,020
44,485
45,499
47,106
48,366
49,249
50,212
51,352
51,890
51,549
51,842
54,£75
-
415
407
457
439
521
537
582
502
573
532
183
190
174
203
598
597
631
642
347
311
326
351
78
71
74
78
53,616
53,831
54,062
54,275
213
183
196
199
182
205
734
720
777
702
755
737
426
382
400
429
525
448
458
428
446
473
411
356
369
340
361
383
114
92
89
88
85
90
54,484
54,755
55,075
55,349
55,658
55,921
493
562
472
222
194
207
715
756
679
449
486
438
363
395
358
86
91
80
56,188
56,457
56,698
_
-
Months:
1971-Sept..........
Oct...........
Nov...........
Dec...........
j.972-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June..........
July..........
Aug...........
-
-
-
-
Series F, G, J, and K combined i j
Fiscal vears:
1941-62............
1963...............
1964...............
1965...............
1966...............
1967..............
1968...............
1969..............
1970..............
1971...............
1972...............
Calendar vears:
1941-61............
1962...............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
31,951
_
_
-
1,244
22
18
15
12
8
4
1
-
33,195
22
18
15
12
8
4
1
-
30,347£/6/7/8/
773 2/
426 2/
358
418
472
266
140
27
8
6
29,251
722
400
333
384
434
.239
124
24
7
5
1,096
49
27
24
35
38
27
16
3
1
1
2,652
1,955
1,563
1,248
856
397
140
-
196
144
127
99
86
80
75
76
49
41
34
31,951
1,230
25
19
16
14
10
6
2
*•
-
33,182
25
19
16
14
10
6
2
■*
-
29,892 5/6/Z/8/
963 8/2/
462 2/
410
323
522
353
218
74
13
7
28,818
909
434
383
297
481
322
195
65
11
6
1,074
55
28
27
26
40
32
23
9
2
1
2,973
2,036
1,721
1,368
1,075
540
229
27
-
318
316
188
147
131
155
118
105
58
44
37
-
-
-
■*
*
*
*
-
-
-
-
-
-
*
■*
*
*
*
*
*
-
-
-
1
1
*
*
*•
-x
*
1
_
-
39
38
38
37
-
1
*
*
1
*
1
*
*
*
*
*
1
•*
-
*
*•
Months:
1971-Sept..........
Oct...........
Nov...........
Dec...........
1972-Jan...........
Feb...........
Mar...........
Apr...........
May...........
June..........
July...........
Aug............
Sept...........
Footnotes at end of Table SB-4.
-
-
-
-
-
-
-
-
_
1
1
1
(Continued on following page)
*•
37
36
35
35
35
34
34
33
33
October 1972
63
UNITED STATES SAVINGS BONDS
Table SB-3. - Sales and Redemptions by Periods, Series E through K - (Continued)
(In millions of dollars)
Redemption l/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 2/
Accrued
discount 2/
Exchanges of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
Series E
Fiscal years:
194-1-62....
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
103,700
3,914
4-,136
4,112
4,246
4,599
4,466
4,343
4,289
4,870
5,650
17,545
1,386
1,458
1,502
1,542
1,619
1,731
1,788
1,841
2,056
2,310
121,245
5,300
5,594
5,614
5,787
6,217
6,196
6,131
6,130
6,926
7,960
82,377
4,203
4,363
4,538
4,801
4,895
5,154
5,54^
5.959
4.959
4,972
73,962
3.461
3,609
3,705
3,904
3,982
4,178
4.462
4,722
3,877
3,941
8,416
742
754
833
897
913
976
1,086
1,237
1,082
1,031
191
206
188
212
216
196
I84
210
231
292
38,260
39.166
40,190
41,078
41,853
42,959
43,805
44,205
44.167
45,902
48,598
Calendar years:
1941-61....
1962.......
1963.......
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
101,793
3,624
4,185
4,132
4,092
4,450
4,574
4,452
4,221
4,503
5,218
16,869
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832
1,909
2,192
118,662
4,996
5,589
5,623
5,606
6,031
6,255
6,209
6,052
6,412
7,411
80,032
4,349
4,229
4,425
4,650
4,913
4,941
5,300
5,835
5,626
4,871
72,020
3,595
3,495
3,646
3,787
3,997
4,022
4,283
4,661
4,405
3,851
8,012
754
733
780
863
916
919
1,017
1,173
1,221
1,020
490
199
208
198
190
224
207
191
180
228
249
38,140
38,587
39,740
40,739
41.504
42,398
43.504
44,222
44,259
44,818
47,108
Months:
1971-Sep t
Oct.....
Nov...
Dec...
399
387
437
418
183
190
174
203
582
577
611
621
395
354
371
402
78
71
74
78
22
16
18
18
46,479
46,686
46,907
47,108
496
506
551
476
546
506
461
534
452
213
183
196
199
182
205
709
689
747
675
728
711
492
419
426
400
415
446
317
283
297
324
378
327
336
312
330
356
114
92
89
88
85
90
28
27
32
27
28
28
47,297
47,539
47,828
48,077
48,361
48,598
222
194
207
684
728
659
419
454
410
333
363
330
91
80
27
30
26
48,836
49,079
49,303
608
191
206
188
212
216
196
I84
210
231
292
6,695
7,193
7,546
7,716
7,829
7,858
7,766
7,506
7,114
7,101
7,323
490
199
208
198
190
224
207
191
180
228
249
6,345
6,912
7,367
7,627
7,744
7,815
7,848
7,668
7,290
7,025
7,167
22
16
18
18
7,137
7,145
7,155
7,167
28
27
32
27
28
28
7,187
7,216
7,247
7,272
7,297
7,323
27
30
26
7,351
7,378
7,396
1972-Ja.....n
Feb...
Mar...
Apr...
May...
June....
July-Aug...
Sept....
Series H
Fiscal years:
1952-62...........
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969...... '.......
1970..............
1971..............
1972..............
7,745
604
521
431
404
367
273
207
160
212
289
Calendar years:
1952-61...........
1962..............
1963..............
1964..............
1965..............
1966..............
1967..............
1968..............
1969..............
1970..............
1971..............
7,374
654
575
477
394
410
324
244
172
162
259
Months:
1971-Sept.........
Oct..........
Nov..........
Dec..........
15
20
20
21
1972-Jan......... .
Feb..........
Mar..........
Apr..........
May..........
June.........
25
31
31
26
27
26
July.........
Aug..........
Sept.........
31
28
20
Footnotes at end of Table SB-4.
-
-
-
-
_
_
-
_
_
-
7,745
604
521
431
404
367
273
207
160
212
289
1,658
298
373
449
504
553
561
650
762
457
359
1,658
298
373
449
504
553
561
650
762
457
359
7,374
654
575
477
394
410
324
244
172
162
259
1,519
287
328
416
467
564
497
615
730
655
366
1,519
287
328
416
467
564
497
615
730
655
366
15
20
20
21
31
28
29
27
31
28
29
27
25
31
31
26
27
26
33
29
32
28
30
28
33
29
32
28
30
28
31
28
20
30
32
29
30
32
29
:
-
_
_
_
-
-
_
_
-
-
-
-
_
-
Treasury Bulletin
64
.UNITED STATES SAVINGS BONDS.
Table SB-4. - Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Unmatured
Matured
Period
Total 1/
Fiscal years:
1951-56...
195 7
195 8
195 9
196 0
196 1
196 2
196 3
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
197 2
Calendar years
1951-55...
195 6
195 7
195 8
195 9
196 0
196 1
1962......
196 3
.
196 4
196 5
196 6
196 7
196 8
196 9
197 0
197 1
Months:
1971-Sept...
Oct....
Nov
Dec....
1972-Ja____ n
Feb___
Mar
Apr....
May.
June...
July-Aug-Sept...,
Unclassified
10/
Total
Series E
and H
Other
38,479
8,958
8,544
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
5,922
5,982
6,339
6,748
5,425
5,338
14,322
4,H5
3,730
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
2.471
2,548
2,560
2,792
2,490
2.043
7,098
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
2,481
2,036
7,222
2,144
1,824
1,625
1,822
940
925
657
304
246
280
412
260
143
29
31,160
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
5,244
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
2,841
2,022
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
2,014
5,410
2,355
2,072
1,702
2,268
1,089
922
730
426
282
216
391
345
209
84
15
189
140
146
126
189
139
145
' 125
167
185
233
155
190
181
138
192
177
166
185
232
154
189
180
426
382
400
430
526
449
458
428
446
47A
449
487
439
138
192
176
Source: Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
Note: In these tables sales of Series A-F and J bonds are included at issue
price, and redemptions and amounts outstanding at current redemption
value. Series G,H, and K are included at face value throughout.
Matured bonds which have been redeemed are included in redemptions.
Matured J and K bonds outstanding are included in the interest-bearing
debt until all bonds of the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1/ Sales and redemption figures include exchanges of minor amounts of (l)
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957; (2) Series F and J bonds for Series H bonds beginning
January I960; and (3) U.S. savings notes for Series H bonds beginning
January 1972; however, they exclude exchanges 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.
2/ 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
ij
5/
6/
7/
8/
2/
10/
*
6/
7/
8/
2/
5/
6/
6/ 7/
7/ 8/
8/ 2/
2/
Total
Series E
and H
Other
23,926
4,657
4,739
3,778
4,641
3,358
3,070
2,951
3,088
3,284
3,300
3,351
3,401
3,566
3,842
3,660
3,317
18,792
3,132
3.195
3,235
3,285
3,075
2,875
2,812
2,948
3,165
3.196
3,273
3,376
3,560
3,842
3,660
3,317
5,133
1,526
1,544
543
1,356
283
196
139
140
118
104
79
25
232
185
75
-150
-210
-212
53
73
19
-121
172
99
33
213
115
-725
-23
19,461
3,899
5,207
3,841
4,520
3,938
3,100
3,002
3,031
3,157
3,287
3,384
3,413
3,455
3,726
3,885
3,305
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
3,441
3,724
3,885
3,305
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
-83
291
270
247
291
296
159
395
273
268
281
287
281
308
291
270
247
291
296
159
395
273
268
281
287
281
308
-54
-27
8
13
63
105
-170
*
-11
12
24
14
-46
method of distributing redemptions between sales price and accrued
discount has been changed to reflect the distribution shown in final
reports of classified redemption. All periods shown have been revised
on this basis.
Series F and G sales were discontinued April 30, 1952, and Series J
and K sales were discontinued April 30, 1957. Sales figures after
April 30, 1957, represent adjustments.
Includes exchanges of Series 1941 F and G savings bonds for 3-1/4%
marketable bonds of 1978-83.
Includes exchanges of Series 1948 F and G bonds for 4-3/4% marketable
notes of 1964.
Includes exchanges of Series 1949 F and G bonds for 4% marketable bonds
of 1969.
Includes exchanges of Series i960 F and G bonds for 3-7/8% marketable
bonds of 1968.
Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/8%
marketable bonds of 1971 and 4% marketable bonds of 1980.
Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
Less than $500,000.
October 1972
65
UNITED STATES SAVINGS NOTES
United States savings notes were on sale May 1, 1967
through June 30, 1970.
demption
The notes were eligible for purchase
and information on investment yields of savings
notes appear in
the Treasury Bulletins of March 1967 and
by individuals with the simultaneous purchase of Series E
June 1968; and in the Annual Report of the Secretary of the
savings bonds.
Treasury for fiscal year 1971.
The principal terms and conditions for purchase and re
Table SN-1. - Sales and Redemptions by Periods
(In millions of dollars)
Redemptions 2/
Period
Fiscal vears:
1967...............
1968...............
Sales 1/
1
201
326
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price
Accrued
discount
Amount
outstanding
*•
1
*
*
201
*
*
35
111
34
105
1
505
6
742
*
203
12
338
323
11
■*
25
347
33
44
28
167
157
10
619
85
77
8
561
Calendar vears:
1967...............
80
•*
*
277
281
7
72
354
348
160
7
76
*
1969...............
1970...............
5
18
80
1968...............
154
644
682
-3
31
124
145
116
3
8
1971...............
191
27
9
584
*
*
*
*
*■
2
2
2
2
9
8
6
6
8
7
6
6
1
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
6
3
9
6
6
6
6
3
8
5
5
5
1
*
1
1
1
1
597
592
588
584
580
579
573
569
565
561
2
2
2
2
2
2
6
6
7
6
5
6
1
1
1
557
553
549
1969...............
1970...............
1971...............
1972...............
Months:
1971-Sept...........
Oct.........
Nov............
Dec..., „.... .
1972-Jan............
Feb... ........
Mar............
Apr............
May............
June...........
July...........
Aug............
Sept...........
-
*
*
*
*
-
*
28
31
366
Source: Daily Treasury Statement; Office of Debt Analysis in the Office of 1
the Secretary.
1/ Sales were discontinued after June 30, 1970. Figures shown thereafter
represent adjustments.
2/
80
Includes U.S. savings notes exchanged for Series H bonds beginning
January 1972.
* Less than $500,000.
Treasury Bulletin
66
____________________________________ OW NERSHIP OF FEDERAL SE C U R ITIE S_____________________________________
Table OFS-1. - Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
Interest-bearing public debt securities
End of
fiscal year
or month
Total
Federal
securities
outstanding
Held by U.S. Government accounts
Non-marketable
To Lai
outstanding
Total
Public
marketable
Special
issues
Other
Public
issues
held by
Federal
Reserve
banks
313,983
320,344
326,609
333,284
344,676
371,978
367,969
383,428
410,292
438,154
301,954
307,357
313,113
315,431
322,286
344,401
351,729
369,026
396,289
425,360
55,638
58,598
61,071
64,316
71,809
76,138
84,815
95,170
102,888
111,460
9,033
9,878
10,351
12,050
13,635
14,694
16,007
16,974
18,092
19,868
44,429
46,546
48,549
50,196
56,103
59,374
66,738
76,124
82,740
89,536
2,177
2,174
2,171
2,070
2,071
2,071
2,071
2,071
2,056
2,056
32,027
34,794
39,100
42,169
46,719
52,230
54,095
57,714
65,518
71,356
1970-Dec..........................
401,648
387,252
97,093
17,091
77,931
2,071
62,142
1971-Aug..........................
Sept.........................
Oct..........................
Nov..........................
Dec..........................
425,8l4r
422,988
422,704
425,380
435,175
107,303
106,491
104,680
104,747
106,045
18,338
18,531
18,410
18,438
18,444
66,868
67,566
67,205
67,817
70,218
433,432
435,169
438,378
436,295
439,175
438,154
443,287
446,876
104,447
106,164
105,532
105,534
109,055
111,460
18,355
18,621
18,673
20,445
20,438
19,868
86,910
85,904
84,213
84,253
85,545
84,037
85,487
84,804
83,034
86,561
89,536
2,056
2,056
2,056
2,056
2,056
1972-Jan..........................
Feb..........................
Mar..........................
Apr..........................
May..........................
June.........................
412,762
410,450
410,181
412,733
422,308
421,090
422,090
425,536
423,535
426,108
425,360
2,056
2,056
2,056
2,056
2,056
2,056
69,552
67,698
69,928
70 ,307
71,607
71,356
430,577
433,572
112,785
115,410
19,785
19,738
90,945
93,616
2,056
2,056
70,822
70,740
1968.............................
1969.............................
July.........................
Aug..........................
Interest-bearing public debt securities - (Cont.)
Held by private investor^
End of
fiscal year
or month
Agency securities
Matured
public
debt
and debt
bearing
no interest
Total
Public
marketable
Nonmarketable
1965.............................
1966.............................
1967.............................
1968.............................
1969.............................
1970.............................
214,289
213,964
212,941
208,946
203,758
216,032
212,819
216,142
227,883
242,545
162,449
161,816
159,244
154,909
150,318
159,668
156,006
157,911
161,863
165,978
51,840
52,148
53,697
54,037
53,440
56,363
56,814
58,231
66,020
76,566
1970-Dec..........................
228,017
168,480
59,537
3,906
4,356
4,161
4,476
3,935
3,178
1,991
1,893
1,841
1,901
1,907
1971-Aug..........................
Sept.........................
Oct..........................
Nov..........................
Dec..........................
238,591
236,394
238,297
240,168
246,046
164,448
163,834
166,625
168,200
173,376
74,143
72,560
71,672
71,968
72,670
1,829
1,817
1,753
1,887
1,823
1972-Jan..........................
Feb..........................
Mar..........................
Apr..........................
May..........................
June..........................
247,090
248,227
250,076
247,694
245,446
242,545
246,969
247,422
174,011
174,895
176,779
172,237
169,880
165,978
167,110
167,617
73,080
73,333
73,297
75,457
75,566
76,566
1,772
1,942
1,808
1,769
1,804
1,901
1,807
1,867
July..........................
Aug...........................
1/ For content see Table FD-6.
r Revised.
79,859
79,805
Total
outstanding
1/
Held by
U.S. Government
accounts and
Federal Reserve
banks
Held by
private
investors
8,123
8,631
9,335
13,377
18,455
24,399
14,249
12,510
12,163
10,894
12,489
707
611
469
468
2,010
3,001
2,846
2,553
2,251
2,170
2,594
7,416
8,020
8,866
12,909
16,445
21,398
11,403
9,956
9,911
8,724
9,895
11,223
10,720
10,770
10,760
11,044
10, 570
11,137
11,034
10,991
11,263
10,894
10,903
11,437
2,329
2,266
2,387
2,406
2,462
8,894
8,454
8,383
8,354
8,582
2,156
2,177
2,238
2,215
2,194
2,170
2,247
2,296
8,414
8,961
8,796
8,776
9,069
8,724
8,656
9,141
October 1972
67
.OWNERSHIP OF FEDERAL SECURITIES.
Table OFS-2. - Estimated Ownership of Public Debt Securities by Private Investors
(Par values 1/ in billions of dollars)
Nonbank investors
End of
month
Total
privately
held
Commer
cial
banks
2/
Individuals 2/
Savings bonds
Total
Total
Series
Other
E and H Series 7/
-
Other
secu
rities
33.4
231.6
208.3
204.6
199.9
12.7
20.7
93.8
74.5
137.9
133.8
9.4
63.9
64.I
65.6
61.8
139.0
138.0
67.4
66.3
30.8
30.3
34.5
34.5
65.4
64.6
34.5
34.7
133.7
136.4
64.8
65.2
1953-June.
Dec..
196.7
203.8
58.4
61.5
61.1
63.4
58.8
63.7
136.0
134.8
1952-June.
Dec..
194.3
196.3
194.8
199.8
137.9
140.2
66.1
64.8
34.9
35.3
36.0
36.7
1954-June.
Dec..
199.9
207.1
63.6
69.1
136.3
138.0
64.8
63.5
37.5
38.2
12.1
11.7
16.8
15.4
15.2
13.6
1955-June.
Dec..
203.0
207.0
63.5
62.0
139.5
145.0
65.2
65.0
39.3
40.1
10.9
10.2
1956-June.
Dec. .
198.5
200.5
57.3
59.5
141.2
141.0
66.6
65.9
1957-June.
Dec..
56.2
59.5
65.2
67.5
138.5
138.4
132.5
137.0
66.3
64.9
1958-June.
Dec..
194.6
197.9
197.8
204.5
40.9
41.4
41.5
41.6
1959-June.
Dec..
206.4
212.7
61.5
60.3
144.8
152.5
1960-June.
Dec..
206.7
210.0
55.3
62.1
151.4
148.0
66.3
69.4
69.7
66.1
1961-June.
Dec..
208.0
214.8
62.5
67.2
145.5
147.7
42.1
42.5
42.6
42.4
42.5
42.9
43.6
44.2
1962-June.
Dec..
214.3
219.5
65.1
67.1
149.2
152.3
1963-June.
Dec..
218.2
220.5
64.3
64.2
1964-June.
Dec. .
218.3
222.5
1965-June.
Dec..
217.1
220.5
60.2
63.9
58.2
60.7
153.9
156.3 )
158.2
158.6
1966-June.
Dec..
213.4
219.2
1967-June.
Dec..
1969-June.
Dec..
207.7
222.4
219.2
228.5
214.8
222.0
1970-June.
Dec..
1971-Jan..
Feb..
Mar..
Apr..
May..
June.
July.
Aug..
Sept.
Oct..
Nov..
Dec..
218.0
229.9
229.9
230.2
228.7
229.1
230.2
229.7
234.6
240.4
238.2
240.0
242.1
247.9
1972-Jan..
Feb..
Mar..
Apr..
May..
June
248.9
250.2
251.9
249.5
247.2
244.4
1939-Dec..
1946-Feb..
Dec..
1950-June.
Dec..
1951-June.
Dec..
1968-June.
Dec..
1,
i.9
12.5
13.9
7.5
20.6
20.0
15.4
15.1
17.6
16.7
14.6
M.4
14.1
13.8
16.3
15.5
15.7
16.0
Insurance
companies
Mutual
sav
ings
banks
State
and
Corpora local
tions i j govern
ments
5.7
2.7
2.0
24.4
24.9
19.8
18.7
11.1
11.8
19.9
15.3
11.6
10.9
10.2
9.8
18.4
19.7
.4
6.7
6.3
8.7
8.8
20.1
20.7
9.4
9.6
9.6
9.5
18.8
19.9
18.6
21.5
10.4
11.1
17.1
16.4
15.7
16.0
12.0
12.7
16.0
15.9
9.5
9.2
9.1
8.8
15.0
14.8
15.4
15.3
15.0
14.6
8.7
8.5
16.5
19.1
18.6
23.2
9.4
8.7
16.3
15.8
13.6
13.2
8.3
8.0
17.3
18.7
7.6
6.6
17.2
16.7
12.7
12.5
7.9
7.6
16.1
17.7
13.9
14.4
14.7
15.4
16.1
16.3
16.8
16.6
5.9
5.2
16.4
16.0
12.2
12.6
7.4
7.2
14.1
18.1
4.5
3.5
19.3
23.5
3.1
2.7
7.3
6.9
6.6
6.2
2.5
2.2
24.1
20.5
18.6
19.5
12.6
12.5
12.0
11.8
11.4
11.3
66.0
68.2
44.6
45.1
46.0
46.7
2.1
1.9
1.6
1.5
18.9
19.1
18.5
20.0
68.8
69.8
47.3
47.9
1.3
1.2
158.9
159.8
70.9
72.1
48.3
48.8
64.4
63.7
64.6
65.9
65.7
66.0
13.2
12.7
Foreign
Other
and inter investors
national
6/
V
.2
2.4
2.1
3.5
4.3
4.2
4.3
4.7
5.3
5.7
5.9
6.0
6.3
6.8
7.5
.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
7.9
7.8
11.4
11.1
7.6
7.6
11.1
11.5
16.3
16.5
6.5
7.7
11.6
11.2
19.8
21.4
19.5
18.7
16.9
18.0
10.1
12.0
18.8
18.7
12.3
13.0
11.8
12.3
12.5
13.5
6.3
6.1
18.5
18.5
19.3
19.0
12.7
13.4
12.7
13.5
11.3
11.5
6.2
6.0
18.2
18.6
20.1
20.1
13.6
14.8
10.9
11.2
6.0
5.6
18.7
18.7
21.4
21.1
20.2
20.7
10.8
11.0
18.9
18.2
22.5
21.1
10.5
10.3
9.6
9.5
5.8
5.5
5.6
5.3
5.0
4.6
14.1
15.3
15.8
15.9
15.6
16.7
15.3
15.8
24.1
22.9
24.5
24.3
23.6
24.1
24.6
24.2
25.2
25.4
24.6
23.1
23.2
24.0
22.8
21.8
21.8
21.4
21.9
21.1
21.0
20.8
20.6
20.4
21.1
22.0
21.6
21.5
21.4
21,8
54.8
57.4
55.5
63.8
158.7
161.8
73.1
74.6
49.2
49.8
1.0
.9
.7
.5
152.2
158.7
70.9
74.0
50.4
50.9
.3
.3
21.5
22.4
23.2
24.3
20.2
22.8
59.7
66.0
159.5
162.5
74.8
75.8
159.5
165.3
77.9
80.9
.4
.5
.6
.7
23.3
23.9
26.1
29.1
8.1
8.0
55.3
56.8
7.7
7.1
3.3
2.9
52.6
62.7
61.7
61.3
61.8
60.5
59.4
61.0
165.5
167.2
168.2
168.9
166.9
168.6
170.8
168.7
82.5
81.9
81.3
80.6
79.4
79.0
78.0
78.0
.8
.7
.7
.7
.7
.7
.7
.7
30.9
29.8
6.8
7.0
7.3
7.2
6.8
6.8
6.8
6.6
174.1
180.9
178.2
179.2
180.6
182.6
78.2
78.1
77.9
77.7
77.6
77.4
.7
.6
.6
.6
.6
.6
29.1
28.3
26.9
26.2
25.0
24.8
24.8
24.5
24.1
23.7
23.4
23.0
2.9
2.8
2.7
2.8
2.8
2.8
2.9
2.9
60.5
59.5
60.0
60.9
61.5
65.3
62.8
62.1
63.3
61.9
60.8
59.9
51.1
51.4
51.2
51.1
50.8
51.4
51.4
51.6
51.8
52.1
52.3
52.5
52.7
53.0
53.1
53.4
53.6
53.8
4.1
4.1
3.9
3.6
6.7
6.7
6.5
6.5
6.5
6.6
2.9
2.8
2.8
2.8
2.7
2.7
186.1
188.1
188.6
187.5
186.4
184.6
77.4
77.3
77.5
77.4
77.2
76.8
54.0
54.3
54.6
54.9
55.2
55.4
.6
.6
.6
.6
.6
.6
22.8
22.4
22.3
21.9
21.4
20.8
6.5
6.5
6.5
6.4
6.3
6.2
2.7
2.7
2.7
2.7
2.8
2.7
8.6
8.6
14.2
14.9
11.0
12.2
13.0
14.2
12.6
13.3
11.1
10.5
11.1
10.2
10.7
9.9
9.6
10.1
11.6
10.9
10.0
11.1
12.0
12.6
12.2
12.5
12.3
11.2
12.0
10.4
10.0
9.6
15.1
15.6
15.7
16.7
15.8
16.3
16.8
16.7
15.4
14.5
16.9
19.4
14.7
15.8
19.3
19.9
22.2
22.4
21.8
24.1
22.8
21.4
21.6
21.1
18.9
19.1
18.1
17.2
12.9
14.3
11.1
11.4
14.8
20.6
20.9
22.9
25.4
29.2
33.8
32.7
35.4
42.7
42.4
42.8
44.1
46.9
48.2
48.9
49.9
49.8
49.4
50.0
17.3
18.6
17.7
17.4
17.1
16.0
18.0
18.2
18.1
18.5
17.4
16.7
18.3
17,9
.6
6.1
2.7
77.0
20.7
54.6
55.7
57.6
22.4
248.8
July .
191.1
55.9
2.6
22.5
6.0
.6
56.0
. 249.3
20.3
Aug. p
76.9
57.9
191.4
Source: Of___
„
1/ United States savings bonds, Series A-F and J, are included at current
6/ Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers. Also includ
redemption value.
2/ Consists of commercial banks, trust companies, and stock savings banks
ed are certain government deposit accounts and government-sponsored
agencies.
in the United States and in Territories and island possessions. Figures
exclude securities held in trust departments.
7/ Includes U.S. savings notes. Sales began May 1, 1967 and were dis
continued
after June 30, 1970.
2/ Includes partnerships and personal trust accounts.
Preliminary.
i j Exclusive of banks and insurance companies.
p
5/ Consists of the investments of foreign balances and international
Treasury Bulletin
68
.TREASURY SURVEY OF OWNERSHIP, AUGUST 31, 1979
_
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 i9 6 0 Bulletin, and for State and
Federally-sponsored agencies, and the District of Columbia.
local governments in the February 1 9 6 2 Bulletin.
The banks and insure ace 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
Data were
are
Holdings by corpor
published quarterly, first a p
pearing in the March 195** Bulletin.
first published for banks and insurance companies in the May
Table TSO-1. - Summary of Federal Securities
(Par values - in millions of dollars)
Held by private investors covered in Treasury Survey
Classification
Total
amount
outstand
ing 1/
U. S. Govern
ment ac
counts and
Federal
Reserve
banks
Total
private
inves
tors
5,642
commer
cial
banks
2/
484
mutual
savings
banks
2/
Insurance companies
290
life
449 fire,
casualty,
and
marine
State and local
governments
486
466
savings
189
and loan corpo
pension
associa rations 316
and re
general
tions
tirement
funds
funds
All
other
private
inves
tors 3/
Public debt issues:
Interest-bearing public
debt securities:
Marketable..............
Nonmarketable k j ........
Special issues..........
258,095
81,831
93,646
90,478
2,056
93,616
Total interest-bearing
public debt securities....
433,572
186,150
Matured debt and debt
bearing no interest.......
1,867
Total public debt
securities.............
435,439
Government agency issues:
Regular issues............
Participation
certificates 6/..........
Total Government agency
securities covered in
Treasury Survey..........
Nonsurveyed Government
agency securities........
167,617 44,721
79,775
41 5/
30
2,592
5
2,957
25
2,263
27
2,705
4
4,186
*
8,219
14
2,157
58
97,818
79,601
30
247,422
2,597
2,982
2,290
2,709
4,186
8,233
2,215
177,449
1,867
1,867
2,597
2,982
617
218
521
354
1,138
571
186,150
249,289
44,762
4,356
395
3,961
5,500
1,689
3,811
9,856
2,084
7,772
1,581
212
1,369
Total Government agency
securities 7/............
11,437
2,296
9,141
Total Federal securities....
446,876
188,446
258,430
Footnotes at end of Table TSO-6.
44,762
2,290
2,709
4,186
114
25
198
53
213
121
167
238
320
8,233
2,215
179,316
18
229
225
2,316
20
150
593
1,785
38
379
819
4,101
October 1972
69
.TREASURY SURVEY OF OWNERSHIP .AUGUST 31, 1972.
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
Insurance companies
Total
amount
outstand
ing 1/
Classificatic
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,642
commer
cial
banks
£/
484
mutual
savings
banks
2/
449 fire,
casualty,
and
marine
290
life
486
466
savings
and loan corpo
associa rations
tions
State and local
governments
189
316
pension
general and re
funds
tirement
funds
Held by
all
other
inves
tors 3/
By type security:
Issued by U.S. Government:
Treasury bills................
Treasury notes................
Treasury bonds................
96,241
115,668
46,186
31,641
45,793
13,043
5,374
32,491
6,855
130
1,486
977
64
346
2,547
138
953
1,172
339
1,507
859
1,750
1,560
876
4,095
2,131
1,993
413
180
1,565
52,297
29,221
16,300
Total........................
258,095
90,478
44,721
2,592
2,957
2,263
2,705
4,186
8,219
2,157
97,818
By maturity distribution:
Call classes (due or first
becoming callable):
Within 1 year.................
1 to 5 years...................
5 to 10 years.................
10 to 15 years................
15 to 20 years................
20 years and over..............
121,589
86,937
30,661
8,353
6,113
4,442
13,081
25,078
5,770
593
136
63
44,721
361
1,198
511
123
223
175
2,592
101
297
939
366
748
505
2,957
397
1,071
415
226
116
38
634
1,170
637
145
79
40
2,263
2,705
2,883
1,128
141
30
1
4
4,186
4,978
1,894
700
249
224
173
8,219
482
321
272
432
504
146
2,157
58,508
22,793
9,560
2,405
2,300
2,253
97,818
101
256
653
540
812
596
397
1,045
373
113
258
76
634
1,156
610
96
128
81
2,883
1,128
140
26
5
4
4,978
1,833
610
250
336
212
482
221
211
185
591
467
58,508
22,375
8,944
2,284
2,878
2,828
2,957
2,263
2,705
4,186
8,219
2,157
97,818
Total................. .......
258,095
40,164
31,987
11,717
3.783
1.783
1,044
90,478
Maturity classes (final
maturity):
Within 1 year.................
1 to 5 years..................
5 to 10 years.................
10 to 15 years................
15 to 20 years.................
20 years and over..............
121,589
85,730
29,149
7,297
8,122
6,208
40,164
31,505
11,437
3,078
2,609
1,685
13,081
25,031
5,694
635
210
71
361
1,180
477
90
297
188
Total........................
258,095
90,478
44,721
2,592v
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
Total
amount
outstand
ing 1/
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
484
mutual
savings
banks
2/
449 fire,
casualty,
and
marine
290
life
Treasury Bills:
Regular weekly and annual
maturing:
1972................
Sept.
1972................
Oct.
1972................
Nov.
Dec.
1972................
Jan.
1973................
Feb.
1973................
Mar.
1973................
Apr.
1973................
May
1973................
June
1973................
July
1973................
Aug.
1973................
18,112
18,103
22,208
8,904
8,901
8,902
3,503
1,700
1,701
1,201
1,201
1,804
6,546
5,988
7,563
2,549
2,500
2,341
1,164
744
757
521
651
318
712
599
819
391
602
497
385
106
219
144
162
738
19
14
8
10
17
17
14
4
9
9
4
3
17
15
20
4
4
3
1
Total Treasury bills...........
96,241
31,641
5,374
130
Footnotes at end of Table TSO-6.
State and local
governments
Insurance companies
5,642
commer
cial
banks
2/
486
savings
and loan
associa
tions
466
corpo
rations
189
316
pension
general and re
funds
tirement
funds
Held by
all
obher
inves
tors 2/
44
57
38
23
27
37
24
8
19
27
15
21
174
228
279
187
219
317
80
68
23
30
18
129
953
719
957
386
217
190
125
54
98
89
53
253
114
113
149
20
3
5
7
■*
1
*
33
33
38
12
7
6
4
1
1
1
*
2
*
9,499
10,337
12,336
5,324
5,305
5,490
1,698
715
575
380
298
339
64
138
339
1,750
4,095
413
52,297
-
(Continued on following page)
-
Treasury Bulletin
70
T REASURY SURVEY OP OWNERSHIP,AUGUST 31, 1972 _______________
Table TSO-3. - Interest-Bearing Marketable Public Debt Securities by Issue - (Continued)
(Bar values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1/
issue
Treasury notes:
6$
Nov.
Feb.
4-7/8
Feb.
6-1/2
May
4-3/4
May
7-3/4
8-1/8
Aug.
Feb.
7-3/4
May
7-1/4
5-5/8
Aug.
Nov.
5-3/4
Feb.
5-3/4
Feb.
5-7/8
5-7/8
May
6
May
5-7/8
Aug.
Nov.
7
Feb.
5-7/8
Feb.
6-1/4
May
5-3/4
6-1/2
May
7-1/2
Aug.
Nov.
6-1/4
8
Feb.
Aug.
7-3/4
Feb.
6-1/4
6
Nov.
Aug.
6-1/4
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
U. S. Govern
ment ac
counts and
Federal
Reserve
banks
5,642
commer
cial
banks
2/
Insurance companies
484
mutual
savings
banks
2/
290
life
449 fire,
casualty,
and
marine
486
466
savings
and loan corpo
associa rations
tions
1,327
4,268
2,514
3,792
5,844
1,839
2,960
4,334
10,284
5,440
4,016
1,222
1,776
6,7fo0
7,679
3,115
4,945
3,739
2,802
2,697
4,194
1,283
5,163
2,264
8,389
8,207
4,563
33
34
30
34
42
8
30
27
11
5
63
1,837
170
2,585
2,683
334
296
968
5,789
2,192
1,522
106
83
4,470
2,659
763
1,115
2,857
542
758
1,619
55
3,038
820
3,338
3,589
1,540
2
-
791
1,264
1,456
709
1,207
741
1,434
1,817
2,113
1,356
1,162
816
874
800
2,739
1,064
2,037
345
1,246
672
1,028
507
885
555
1,899
1,934
1,009
5
8
4
4
1
1
1
*
6
1
12
37
28
14
45
32
65
45
151
67
55
4
35
40
83
50
84
12
29
66
61
9
83
66
175
88
44
*
*
1
3
*
1
1
•*
*
-
*
1
3
4
*
1
4
8
9
9
20
*
12
24
7
70
4
2
3
3
17
2
6
57
53
18
*
1
2
*
1
6
*
3
15
15
1
34
10
26
38
71
27
54
9
1
66
40
38
25
10
48
81
53
7
28
33
110
44
24
1
6
6
7
5
2
11
■*
1
*
9
61
39
16
38
13
41
55
128
40
70
19
25
44
134
33
86
15
44
29
10
20
24
24
232
201
54
1
*
*
*
1
3
*
-
115,668
45,793
32,491
1,486
346
953
1,507
*
140
711
654
539
515
142
481
279
851
756
402
961
1,222
229
866
1,466
70
571
1,143
152
892
196
214
1,115
1,513
803
934
312
47
76
138
116
41
556
369
41
101
81
3
4
129
14
49
24
47
102
147
81
73
55
26
42
73
53
6
63
6
35
4
181
4
34
77
12
26
13,043
6,855
1
9
54
68
47
49
5
18
34
42
37
14
77
8
18
12
86
4
9
211
21
154
977
2
11
16
16
11
8
13
41
286
128
374
3
20
14
191
8
154
30
61
657
23
482
Total Treasury bonds...........
454
1,350
3,894
4,339
2,467
2,852
1,212
1,207
1,511
2,582
1,899
807
2,702
2,354
1,008
1,216
3,775
242
1,524
4,347
998
3,445
46,186
2,547
1,172
11
16
90
102
92
82
37
14
27
68
41
1
14
4
50
1
90
8
33
38
6
34
859
-LUUdl IiicLL\K.fc!OcAUXti pU.UX.LU
debt securities.................
258,095
90,478
44,721
2,592
2,957
2,263
2,705
1972-F.........
1973-D.........
1973-C.........
1973-E.........
1973-A.........
1973-B.........
1974-C.........
1974-D.........
1974-B.........
1974-A.........
1975-A.........
1975-E.........
1975-F........
1975-B.........
1975-C.........
1975-D.........
1976-F.........
1976-A.........
1976-E.........
1976-B.........
1976-C.........
1976-D.........
1977-A.........
1977-B.........
1978-A.........
1978-B.........
1979-A.........
1972-EO........
1973-EA........
1973-EO........
1974-EA........
1974-EO........
1975-EA........
1975-EO........
1976-EA........
1976-EO........
1977-EA........
Total Treasury notes...........
Treasury "bonds:
2-1/2$ Sept.
2-1/2
Dec.
Aug.
4
Nov.
4-1/8
Feb.
4-1/8
May
4-1/4
3-7/8
Nov.
May
4-1/4
June
3-1/4
Feb.
4
Nov.
3-1/2
Aug.
7
Feb.
6-3/8
Aug.
6-3/8
May
3-1/4
6-1/8
Nov.
Aug.
4-1/4
Feb.
4
May
4-1/8
Feb.
3-1/2
Feb.
3
Nov.
3-1/2
1967-72........
1967-72........
1973..........
1973..........
1974..........
1974..........
1974..........
1975-85........
1978-83........
1980..........
1980..........
1981..........
1982..........
1984..........
1985..........
1986..........
1987-92........
1988-93........
1989-94........
1990..........
1995..........
1998..........
Footnotes at end of Table TSO-6.
State and local
ffovernments
189
316
pension
general and re
funds tirement
funds
Held by
all
other
inves
tors 2/
*
2
53
150
143
88
111
24
72
73
179
103
117
98
69
98
82
41
111
22
60
48
26
22
32
27
107
125
50
■*
-
1
18
*
9
2
2
5
15
7
18
*
6
20
9
4
*
1
1
3
7
•*
4
11
28
6
2
*
■*
-
366
589
450
242
1,674
574
987
1,270
1,771
1,566
985
138
675
1,204
1,874
1,102
1,243
472
829
1,015
1,372
640
1,050
699
2,380
2,145
1,793
21
7
17
8
20
4
17
17
3
2
1,560
2,131
180
29,221
30
68
197
200
112
133
76
1
1
3
1
22
17
*
7
5
1
*
3
*•
32
55
229
276
80
107
88
61
89
203
101
3
22
52
41
6
151
9
30
186
62
111
3
13
23
26
21
33
27
100
61
92
69
3
12
*
24
■*
408
24
297
183
39
107
876
1,993
1,565
154
777
1,357
1,336
682
919
459
417
615
986
351
335
955
662
379
211
1,153
91
484
1,724
665
1,589
16,300
4,186
8,219
2,157
97,818
30
313
192
137
38
110
37
58
59
74
26
12
8
5
34
11
174
1
22
14
6
17
22
63
22
29
5
12
2
7
14
-*
October 1972
71
____ .TREASURY SURVEY OP OW NERSHIP, AUGUST 31, 1972____________
Table TSO-4. - Interest-Bearing Nonmarketable Public Debt Securities by Type
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing 1/
Type
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,642
commer
cial
banks
2/
484
mutual
savings
banks
2/
state and local
governments
Insurance companies
290
life
449 fire,
casualty,
and
marine
486
savings
and loan
associa
tions
466
189
corpo 316
pension
rations general and re
funds
tirement
funds
Held by
all
other
inves
tors 2/
U.S. savings bonds
Series E.....................
Series H..................... '
49,079
7,378
*
*
_
-
_
-
_
-
*
*
*
1
*
■*
*
1
*
*
49,079
Total U.S. savings bonds........
56,457
*
-
-
-
*
1
*
1
*
56,455
-
-
-
-
-
-
-
-
-
-
-
_
_
_
_
_
_
_
_
-
-
-
-
-
_
_
_
_
_
_
_
_
58
9
101
250
_
_
7,377
Other U.S. securities:
Certificates of indebtedness:
Foreign Series...............
Foreign Currency Series.......
Treasury certificates..........
Treasury notes:
Foreign Series...............
Foreign Currency Series.......
Depositary bonds...............
Treasuiy bonds:
R.E.A. Series...............
Investment Series B..........
Other......................
State and local Government Series:
Certi ficates of indebtedness___
Treasury notes...............
U.S. retirement plan bonds........
U.S. savings notes...............
5,540
171
441
14,188
1,829
22
9
2,308
250
3
5
55
553
_
.
-
-
22 5/
-
2,056
25
27
3
*
-
-
-
_
_
_
13
-
-
-
-
-
-
_
_
_
-
-
-
-
-
-
_
-
19
5
5,540
171
441
14,188
1,829
-
-
-
-
-
-
-
3
5
55
553
Total other U.S. securities.......
25,374
2,056
41 5/
5
25
27
3
*
13
58
23,146
Total nonmarketable public
debt securities................
81,831
2,056
41 5/
5
25
27
4
■re
14
58
79,601
Footnotes at end of Table
-
_
Table TSO-5. - Securities Issued by Government Agencies
tso -6.
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/ 7/
Issue
Export- Inroort Bank:
6.15% Apr. 1973
(Debentures)...
5.30
Feb. 1975
(Debentures)...
5.70
Dec. 1976
(Debentures)...
6-l/4 Aug. 1977
(Debentures)...
5.81
Jan. 1977
(Debentures)...
6.60 May
1979
(Debentures)...
Participation certificates.......
Total.........................
Federal Housing Administration:
(Debentures)...................
Government National Mortgage
Association:
Participation certificates........
Postal Service:
6-7/8% Feb. 1982-97
(Bonds)
, ,
Tennessee Valley Authority:
Short-term notes...............
8%
June 1974 (Bonds).......
8-3/4 June 1975 (Bonds).......
7-1/4 July 1976 (Bonds).......
4.40
Nov. 1985 (Bonds).......
4-5/8 July 1986 (Bonds).......
4-1/2 Feb. 1987 (Bonds).......
5.70 May
1992 (Bonds).......
6-3/8 Nov. 1992 (Bonds).......
8-1/4 Oct. 1994 (Bonds).......
9
Mar. 1995 (Bonds)
9-1/4 June 1995 (Bonds).......
7.30
Oct. 1996 (Bonds).......
7
Jan. 1997 (Bonds).......
7.35 May
1997 (Bonds).......
7.35
July 1997 (Bonds).......
Total Government agency securities
covered in survey...............
Footnotes at end of Table TSO-6.
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,642
commer
cial
banks
2/
Insurance companies
484
mutual
savings
banks
2/
76
61
122
626
22
4
5
9
12
17
70
458
61
44
4,885
1,689
250
400
300
300
400
143
200
615
2,358
11
22
19
128
120
103
91
290
life
2
*
449 fire,
casualty,
and
marine
5
2
State and local
crm ro r’ rn n o n + a
486
savings
466
189
and loan corpo
316
pension
associa rations
general and re
tions
funds
tirement
funds
25
12
32
42
-
1
82
118
14
105
521
1,465
1
-
-
3
202
24
2
9
2
1
1
*
1
2
1
2
1
1
17
9
70
6
-
24
-
*
-
-
-
320
*
11
20
1
13
23
119
45
82
9
17
398
336
43
200
114
12
11
17
3
1
530
100
50
100
50
50
45
70
60
100
100
50
150
150
150
150
1,905
246
-
12
4
8
14
*
6
3
7
1
*
X
1
1
5
3
3
1
•*
1
1
*
1
1
1
9,856
25
-
-
1
-
1
2
1
*
1
*
1
5
8
2
*
3
4
3
8
6
13
15
17
17
246
59
103
19
1
*
*
*
1
1
1
*
*
1
5
2,084
1,138
571
167
238
-
_
-
-
•X-
1
-
73
*
-
14
6
10
6
143
23
45
247
194
131
123
247
71
320
1,086
8
-
-
4
Held by
all
other
inves
tors 2/
*
8
-
3
-
5
6
18
-
-
72
30
28
28
17
11
13
1
*
2
2
6
1
6
1
x1
1
27
217
86
30
77
12
18
12
45
41
81
87
42
133
126
101
122
140
1,230
38
379
819
4,101
-
-
-
72
Treasury Bulletin
T REASURY SURVEY OF OWNERSHIP,AUGUST 31, 1972_______________________________ —
Table TSO-6. - Securities Issued by Government-Sponsored Agencies
and the District of Columbia
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstand
ing
Issue
Banks for cooperatives:
4.55% Oct. 1972 (Debentures)....
Nov. 1972 (Debentures)....
4.65
4.45 Dec. 1972 (Debentures)....
Jan. 1973 (Debentures).__
4.55
4.90 Feb. 1973 (Debentures)...
7.30 Oct. 1973 (Debentures)....
Total
Farmers Home Administration:
8-7/8% Jan. 1975 (Insured
6-5/8 Aug. 1976 (insured
6.35 Mar. 1977 (insured
June 1977 (Insured
6.45
8.90
Jan. 1980 (Insured
7
Nov. 1980 (Insured
6.40 Mar. 1981 (Insured
7-7/8 June 1981 (Insured
7.10
Jan. 1982 (Insured
8-5/8 July 1985 (Insured
7-1/2 Aug. 1986 (Insured
notes).
notes).
notes).
notes).
notes).
notes).
notes).
notes).
notes).
notes).
notes).
Total.
Federal
5.75%
7-3/8
8.35
5-.70
4-1/4
7.20
8.40
7.10
8.40
6.35
5-3/8
7.65
8
6.10
8.05
7.95
6-1/2
7-3/8
6.95
7.75
7.80
6.60
7.10
6.70
5.30
6.15
8.60
7.75
7.15
Home Loan Banks:
Nov. 1972 (Bonds).......
Nov. 1972 (Bonds)........
Feb. 1973 (Bonds).......
Feb. 1973 (Bonds).......
May
1973 (Bonds).......
Aug. 1973 (Bonds).......
Jan. 1974 (Bonds).......
Feb. 1974 (Bonds)........
Feb. 1974 (Bonds).......
May
1974 (Bonds).......
Aug. 1974 (Bonds).......
Aug. 1974 (Bonds).......
Nov. 1974 (Bonds).......
Feb. 1975 (Bonds).......
May
1975 (Bonds).......
Aug. 1975 (Bonds).......
Nov. 1975 (Bonds).......
Feb. 1976 (Bonds).......
May
1977 (Bonds).......
Feb. 1980 (Bonds).......
Oct. 1980 (Bonds).......
Nov. 1981 (Bonds).......
Nov. 1972 FHLMC 2/
(Mtg. Backed Bonds)...
Nov. 1973 FHLMC 2/
(Mtg. Backed Bonds)...
Aug. 1974 FHLMC 2/
(Mtg. Backed Bonds)...
Feb. 1977 FHLMC 2/
(Mtg. Backed Bonds)...
Nov. 1976-95 FHLMC 2/
(Mtg. Backed Bonds)...
Aug. 1977-96 FHLMC 2/
(Mtg. Backed Bonds)...
May
1982-97 FHLMC 2/
(Mtg. Backed Bonds)...
Total
Federal :
Intermediate
4-5/8% Sept. 1972
4.75 Oct. 1972
Nov. 1972
3.95
Dec. 1972
4
4.80 Jan. 1973
Feb. 1973
4.95
4.80 Mar. 1973
8.15 Mar. 1973
4.80 Apr. 1973
5.05 May
1973
7-3/4 July 1973
Jan. 1974
6.85
July 1974
5.95
Jan. 1975
6.05
5.70 July 1975
Total
Credit Banks:
(Debentures)__
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)___
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
Footnotes at end of table.
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
Insurance companies
5,642
commer
cial
banks
2/
-
63
52
87
56
73
52
-
200
150
400
300
150
300
200
250
350
300
150
484
mutual
savings
banks
2/
290
life
449 fire,
casualty,
and
marine
-*
*
1
1
1
2
1
7
17
11
18
12
11
7
10
15
21
4
3
1
382
13
4
4
3
4
3
32
75
54
6
4
8
3
2
-
32
79
88
92
2
75
70
49
72
12
6
8
12
29
19
2
23
11
46
38
17
22
1
1
1
1
2
6
5
4
1
8
*
3
1
11
7
6
3
2
7
-
5
27
9
8
45
26
16
11
49
3
1
3
2
-
2,750
23
577
227
23
50
199
310
250
350
400
400
450
300
300
250
300
400
181
225
250
265
300
350
300
200
350
200
200
6
12
16
15
11
6
8
11
11
7
2
2
27
8
7
66
96
48
71
83
118
29
81
50
94
84
23
30
67
45
52
' 84
86
52
45
36
65
9
11
22
7
8
16
11
15
15
22
10
5
4
11
21
26
25
15
20
30
21
18
1
1
*•
*
6
■*
*
1
*
1
1
1
10
1
1
1
*
1
3
1
1
1
1
5
11
*
2
*
*
1
2
*
175
-
34
9
-
150
-
38
10
-
274
317
307
288
440
100
1,726
8/
8/
8/
8/
State and local
governments
486
446
savings
and loan corpo
associa rations
tions
189
316
pens ion
and
re
general
tirement
funds
funds
Held by
all
other
inves
tors y
15
43
74
35
40
1
208
2
2
154
189
103
176
308
37
966
4
18
12
9
6
4
27
40
6
8
2
10
18
10
25
4
3
12
54
4
150
119
136
52
236
159
98
110
63
120
202
128
74
1,378
15
10
30
47
48
47
13
15
29
20
41
33
21
31
36
22
60
33
16
20
13
8
5
2
15
6
3
4
1
1
2
1
7
2
*
2
30
9
7
15
24
11
5
8
5
2
9
8
5
2
1
11
4
1
10
7
2
•*
*
_
*
2
1
_
184
121
212
246
213
239
226
174
149
154
244
110
I64
127
150
178
161
163
108
212
112
97
*
3
1
11
*
116
*
8
2
11
-
83
’
.
200
-
59
5
-
-
14
8
9
-
105
350
-
80
10
2
1
47
10
7
-
193
140
-
2
19
1
1
14
3
-
4
94
150
-
3
18
12
9
4
-
-
13
91
150
-
6
1
1
1,629
25
55
76
4
216
19
149
3
700
-
7,846
14
426
103
4,530
8/
8/
8/
8/
8/
8/
8/
8/
8/
8/
8/
8/
8/
8/
8/
38
9
12
10
109
97
103
132
110
75
93
31
87
57
44
79
64
104
129
1
■*
■*
_
1
1
2
1
1
2
2
2
2
1
3
2
~ 1
2
1
■x-
25
17
57
31
39
12
18
9
18
22
11
11
23
14
24
36
29
35
31
26
17
26
3
6
17
_
3
34
1
26
42
72
52
57
105
82
5
27
29
5
5
3
1
6
6,171 8/
69
1,313
3
22
331
265
518
_
_
*
_
_
_
_
_
_
_
-*
593
454
634
578
514
489
489
203
475
563
200
212
224
240
302
10
10
21
10
22
4
10
10
9
13
13
19
12
11
13
188
(Continued on following page)
40
347
259
337
320
258
274
246
144
325
422
126
97
117
75
117
3,464
October 1972
73
„ .TREASURY SURVEY OF OWNERSHIP .AUGUST 31, 1972_____
Table TSO-6. - 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
Total
U.S. Governamount
outstand counts and
ing
Federal
Reserve
banks
Federal Land Banks:
3-7/8% Sept. 1972
Sept. 1972
8.35
5-7/8
Oct.
1972
6-1/2
Oct.
1972
Jan.
7.95
1973
Feb.
1973-78
4-1/8
5.20
Apr.
1973
July 1973
7.95
July 1973
8.45
7.80
Oct.
1973
Jan.
5.55
1974
Feb.
4-1/2
1974
7.30
Apr.
1974
July 1974
5.85
5.30
Oct.
1974
Jan.
8-3/8
1975
4-3/8 Apr.
1975
July 1975
5.70
7.20
Oct.
1975
Jan.
1976
6.25
Feb.
1976
5
July 1976
5-3/8
Oct.
6.35
1977
5-1/8 Apr.
1978
July
1978
6.40
Jan.
5
1979
Apr.
6.70
1981
Apr.
6.90
1982
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
(Bonds)....
Total..
i?eaerai National Mortgage
Association:
Discount notes....... .
Sept. 1972
7.40$
Sept. 1972
8.40
Dec.
7.20
1972
Dec.
8
1972
Mar.
7.30
1973
Mar.
8.30
1973
June
1973
4-1/4
June
6.75
1973
June
8.35
1973
6-1/8
Sept. 1973
8.10
Sept. 1973
1973
5-3/4 Dec.
Dec.
7.15
1973
Mar.
5.45
1974
7-3/4 Mar.
1974
June
5.70
1974
June
7.90
1974
Sept.
5.65
1974
Sept. 1974
7.85
Dec.
6.10
1974
Dec.
6.45
1974
Mar.
6.35
1975
Mar.
7.55
1975
June
1975
5-1/4
7.50
Sept. 1975
Dec.
5.70
1975
Mar.
1976
5.65
June
1976
5.85
June
1976
6.70
Sept. 1976
5.85
6-1/8
Sept. 1976
Dec.
1976
7.45
Feb.
4-1/2
1977
6.50
June
1977
June
6^3/8
1977
6-7/8
Sept. 1977
Dec.
1978
6.75
Sept. 1979
6.40
Dec.
6.55
1979
6-7/8 Mar.
1980
Jan.
1981
6.15
June
1981
7-1/4
109
337
200
446
407
148
433
350
198
300
450
155
354
326
300
220
200
425
300
300
123
150
300
150
269
442
224
200
8/
8/
8/
8/
8/
7,816 8/
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
Footnotes at end of table.
508
200
400
400
200
450
250
146
550
350
350
300
500
500
400
350
350
400
300
250
250
450
600
300
500
350
500
500
450
250
500
300
300
198
150
250
300
300
300
350
250
156
250
5,642
484
mutual
savings
banks
2/
cial
banks
2/
Insurance companie s
290
life
4
15
9
48
28
8
12
20
3
19
9
5
13
8
8
16
9
10
15
26
3
4
10
3
13
17
20
30
2
•*
*
1
5
*
•*
3
1
*•
2
3
1
1
1
1
*
*
2
1
*
•*
•*
80
7
67
35
107
88
32
96
95
31
66
98
20
114
103
94
25
22
157
62
84
11
10
111
13
82
42
54
33
1,760
384
34
14
14
6
10
20
5
38
39
12
28
23
7
6
34
28
33
12
23
7
15
2
7
24
7
6
4
31
42
6
2
19
27
59
101
40
185
32
11
155
66
94
52
199
158
152
81
116
109
85
32
110
195
222
91
130
64
143
102
110
51
179
88
59
14
45
74
' 89
98
133
130
61
21
12
34
16
3
17
10
7
23
29
26
24
13
22
15
17
5
32
14
11
13
20
32
15
17
28
23
21
16
37
26
21
33
12
12
13
17
25
30
44
34
1
2
5
2
11
17
7
6
5
3
16
2
2
1
1
-
-
14
55
449 fire,
casualty,
and
marine
25
2
2
1
1
6
4
2
10
*
1
1
2
7
*
4
6
3
3
2
2
1
3
1
7
8
13
2
93
2
6
2
26
19
3
20
15
1
5
37
2
12
8
20
9
10
62
8
20
3
2
10
1
10
12
10
4
338
11
3
15
5
9
*
30
1
12
7
4
2
5
10
*
20
2
136
*
1
*
6
*
*
_
-*
*
_
*
_
1
*
1
1
2
*
7
3
8
_
•*
*
1
1
1
*
*
11
4
3
1
1
4
1
5
3
5
2
1
*
1
6
4
*
2
2
6
8
*
4
3
*
3
2
1
2
*
*
4
*
1
13
7
1
2
4
17
8
26
28
10
32
13
9
59
44
18
24
35
23
19
25
26
31
27
14
21
23
35
24
108
32
60
86
66
37
55
32
14
14
11
15
9
6
15
14
9
2
13
5
17
15
1
4
18
2
_
14
11
8
15
22
6
_
5
25
40
3
_
11
_
22
1
10
2
10
_
_
_
_
_
2
_
*
_
_
26
486
savings
400
and loan corpo
associa rations
tions
*
(Continued on following page)
_
1
18
_
2
State and local
ptivpr*nrripnt..
q
189
316
pension
general and re
funds
tirement
funds
Held by
all
otner
inves
tors 2/
4
6
21
16
11
2
30
10
4
2
9
13
19
16
6
10
31
7
7
*
11
9
2
18
8
29
9
3
1
*
*2
*
*
3
*
*
6
*
2
6
6
2
*
*
314
29
75
237
118
242
247
93
241
195
158
205
282
101
177
173
156
151
112
180
200
155
90
115
150
101
125
324
127
129
4.,657
288
23
16
32
7
10
6
10
17
41
7
12
16
12
34
8
7
15
2
3
5
1
3
28
6
2
2
7
3
2
7
2
2
6
5
3
15
6
2
3
11
156
3
13
*
-*
*
3
10
•*
2
_
*
6
_
_
2
1
*
*
*
_
_
_
*
7
_
*
*
_
1
149
129
207
200
136
174
174
103
284
128
180
168
I84
232
159
176
145
196
166
178
73
133
270
106
210
197
242
264
240
121
206
133
182
126
78
140
125
113
118
150
127
:
_
9
_
121
74
Treasury Bulletin
T RRASIIBY SURVEY OF OWNERSHIP .AUGUST 31, 1972____________________________ — —
Table TSO-6. - 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
Issue
Federal National
(Continued):
7-1/l& Sept.
May
5.84
June
6.65
June
6.75
Sept.
6.75
June
6-1/4
Dec.
6.90
Mar.
7
June
7.05
6
Oct.
8
Apr.
4-3/8
Oct.
7-1/2
Oct.
8-3/8
8-5/8
June
Oct.
Total
amount
outstand
ing
U.S. Govern
ment ac
counts and
Federal
Reserve
banks
5,642
commer
cial
banks
2/
484
mutual
savings
banks
2/
Insurance companies
290
life
449 fire,
casualty,
and
marine
State and local Held by
486
governments
all
savings 466
other
189
and loan corpo
inves
pension
associa rations 316
general and re tors 2/
tions
funds
tirement
funds
Mortgage Association
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Debentures)....
(Capital
Debentures)....
1975 (Capital
Debentures)....
1996 (Capital
Debentures)....
1972 (Mtg. Backed
Bonds).........
1975 (Mtg. Backed
Bonds).........
1980-90(Mtg. Backed
Bonds)........
1981
1982
1982
1983
1983
1984
1984
1992
1992
1973
Total
District of Columbia:
4.20% Dec.
1970-79 (Bonds).......
2
3
4
9
5
1
12
58
3
4
*
5
2
1
4
3
*
*
3
1
18
21
130
109
119
84
140
112
117
24
4
9
-
115
*
18
-
7
-
131
20
42
50
-
1
14
-
-
-
-
-
-
4
7
31
13
37
14
1
53
39
52
51
22
11
40
42
16
34
20
34
33
9
6
2
1
1
2
1
*
1
2
•*
-
11
14
8
14
12
5
8
250
1
75
21
*
2
200
-
30
14
-
250
58
250
200
250
200
250
200
200
5
-
2
105
-
-
248
-
3
2
*
2
12
*
-
-
229
400
20
60
14
1
*
8
10
73
7
207
250
-
36
10
4
4
17
3
12
11
153
11
200
11
6
22
1
6
10
-
18,315
714
4,534
1,186
50
138
1,365
332
3
1,039
130
133
8,825
20
-
*
3
*
1
6
-
1
2
6
1/ 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.
2/ Excludes trust departments.
2/ Included with all other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and local
government funds not reporting in the Treasury Survey. Also included
are certain Government deposit accounts and Government-sponsored
agencies.
i j United States savings bonds, Series E, are reported to the Treasury
Survey at maturity value but have been adjusted to current redemption
value for use in this table.
5/ Includes $11 million depositary bonds held by commercial banks not
included in the Treasury Survey.
6/ Includes Export-Import Bank and Government National Mortgage
Association participation certificates.
7/ Includes matured securities outstanding on which interest has
ceased.
8/ Includes securities issued for use as collateral for short-term
borrowings.
y
Obligations of the Federal Home Loan Mortgage Corporation. The
capital stock of the Federal Home Loan Mortgage Corporation is held
by the twelve Federal Home Loan Banks.
* Less than $500,000.
October 1972
75
MARKET QUOTATIONS ON TREASURY SECURITIES, SEPTEMBER 29,1972
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.
Current market quotations shown here are o^er-thecounter closing bid quotations in the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
Table MQ-1. - Treasury Bills
Amount outstanding
(millions)_____
13-week
26-week
$2,297
2,301
2,301
2.301
2.301
2,299
2,301
2,302
2,301
2,423
2,302
2,301
2,301
$1,800
1,801
1,801
1,801
1,801
1,800
1,801
1,801
1,801
1,800
1,802
1,802
1.799
1.799
1,801
1.800
1,800
1,800
1,800
1,800
1,803.
1,802
1,802
1,801
1,802
1,801
Issue date
13-week
7/6/72
7/13/72
7/20/72
7/27/72
8/3/72
8/10/72
8/17/72
8/24/72
8/31/72
9/7/72
9/14/72
9/21/72
9/28/72
Amount outstanding
(millions)_____
Bank discount
26-week
Maturity
date
Bid
4/6/72
4/13/72
4/20/72
4/27/72
5/4/72
5/11/72
5/18/72
5/25/72
6/1/72
6/8/72
6/15/72
6/22/72
6/29/72
7/6/72
7/13/72
7/20/72
7/27/72
8/3/72
8/10/72
8/17/72
8/24/72
8/31/72
9/7/72
9/14/72
9/21/72
9/28/72
10/5/72
10/12/72
10/19/72
10/26/72
11/2/72
11/9/72
11/16/72
11/24/72
11/30/72
12/7/72
12/14/72
12/21/72
12/28/72
1/4/73
1/11/73
1/18/73
1/25/73
2/1/73
2/8/73
2/15/73
2/22/73
3/1/73
3/8/73
3/15/73
3/22/73
3/29/73
4.65%
4.65
4.53
4.53
4.54
4.54
4.54
4.58
4.57
4.56
4.56
4.57
4.55
4.74
4.81
4.83
4.88
4^99
5.03
5.09
5.10
5.12
5.15
5.16
5.17
5.16
Change from
last month
9-month
9-month
1,200
1,201
1,200
1,200
1,200
1,201
1,200
1,200
1,201
1,201
1,803
500
500
501
500
501
501
500
501
+.21
+.09
+ .09
+.11
+.10
+.07
+.06
+.02
+.08
+.11
+.05
+.03
+.18
+.19
+.17
+.19
+.19
+.19
+.21
+.18
+.15
Issue date
1/31/72
2/29/72
3/31/72
5/1/72
5/31/72
6/30/72
7/31/72
8/31/72
Bank discount
one-year
10/31/71
11/30/71
12/31/71
1/31/72
2/29/72
3/31/72
4/30/72
5/31/73
6/30/72
7/31/72
8/31/72
Maturity
date
Bid
10/31/72
11/30/72
12/31/72
1/31/73
2/28/73
3/31/73
4/30/73
5/31/73
6/30/73
7/31/73
8/28/73
9/25/73
4.53%
4.57
4.62
4.90
5.08
5.19
5.28
5.29
5.31
5.42
5.45
5.49
Change from
last month
+ .14%
+ .02
+ .30
+.18
+.19
+.22
+.27
+.19
+.22
+.28
+.15
~
Table MQ-2. - Treasury Notes
(Price decimals are 32nds)
Price
Amount
outstanding
(millions)
Description
Bid
$1,327
2,514
4,268
5,844
3,792
1,839
2,960
4,334
10,284
5,440
4,016
1,222
6,760
1,776
6
6-1/2
4-7/8
7-3/4
7,679
3,115
3,739
4,945
2,697
2,802
4,194
1,283
5,163
2,264
8,389
8,207
4,562
34
30
34
42
8
30
27
11
5
5-7/8
7
6-1/4
5-7/8
6-1/2
5-3/4
7-1/2
6-I/4
8
7-3/4
6-1/4
6
6-1/4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
4-3/4
8-1/8
7-3/4
7-1/4
5-5/8
5-3/4
5-3/4
5-7/8
6
5-7/8
-
_
-
_
-
_
-
-
Footnotes at end of Table MQ-3.
11/15/72-F
2/15/73-C
2/15/73-D
5/15/73-A
100.02
100.07
99.30
101.16
5/15/73-E
8/15/73-B
2/15/74-C
5/15/74-D
8/15/74-B
11/15/74-A '
2/15/75-A
2/15/75-E
5/15/75-B
5/15/75-F
99.22
102.05
102.14
102.02
99.14
99.21
99.20
99.28
100.02
99.22
8/15/75-C
11/15/75-D
2/15/76-A
2/15/76-F
5/15/76-B
5/15/76-E
8/15/76-C
11/15/76-D
2/15/77-A
8/15/77-B
2/15/78-A
11/15/78-B
8/15/79-A
4/1/73-EA
10/1/73-E0
4/1/74-EA
10/1/74-E0
4/1/75-EA
10/1/75-E0
4/l/76-EA
10/l/76-E0
4/1/77-EA
99.20
102.19
100.18
99.10
101.06
98.28
104.20
100.18
106.30
106.24
100.03
98.22
99.19
97.12
95.18
93.12
91.20
90.14
87.20
85.18
83.24
82.00
Yield
Change
from last
month
-.06
-.04
-
-.05
-.01
-.10
-.10
-.13
-.10
-.07
-.02
-.04
-.06
-.04
-.02
-.05
-.04
-.01
+ .01
+.06
+.04
-
+.02
+.04
+.09
+.18
+.06
+.02
+.04
+.04
+.12
-.02
+.04
+ .06
+.10
To
maturity
5.34%
4.98
5.02
5.25
5.27
5.55
5.87
5.89
5.95
5.93
5.92
5.93
5.97
6.01
6.02
6.07
6.06
6.10
6.13
6.10
6.14
6.09
6.16
6.13
6.23
6.26
6.32
6.99
6.17
6.21
6.02
5.66
6.08
6.15
6.15
6.14
Price!range since first traded 1/
Change
from last
month
+.73%
+.01
+.01
-.04
+.10
+.14
+.13"
+.19
+.19
+.12
+ .03
+.05
+.07
+.06
+.03
+.03
+ .03
+ .01
-.01
-
-.07
-.04
-.03
-.03
-.03
-.05
-.11
+.40
+.28
+.14
+.10
-.05
+.14
+.05
+.03
-.02
High
Issue
date
Low
Price
Date
Price
6/29/71
8/16/71
11/15/71
10/1/69
5/15/72
2/15/70
8/15/70
11/15/70
8/15/68
101.24
102.15
100.25
107.24
100.06
109.12
109.13
108.12
103.28
1/14/72
1/14/72
1/14/72
3/22/71
5/6/72
3/22/71
3/22/71
3/22/71
3/22/71
11/15/67
2/15/68
10/22/71
5/15/68
4/3/72
104.20
104.20
102.10
105.22
101.07
105.00
106.09
106.28
100.0l|
107.24
101.00
111.28
103.27
114.08
114.00
106.20
101.08
100.09
97.12
95.18
93.12
91.20
90.14
87.22
85.18
83.24
82.00
3/22/71
3/22/71
1/14/72
3/22/71
5/30/72
99.14
99.29
99.25
99.14
99.20
100.03!
100.04
100.13i
89.14
89.22
89.18
99.19
90.00
99.20
9/25/72
1/29/70
8/10/70
10/23/70
12/29/69
12/29/69
12/29/69
4/4/72
5/18/71
4/12/72
3/22/71
1/14/72
3/22/71
8/9/72
3/22/71
2/17/72
3/22/71
12/28/71
3/22/71
3/22/71
3/22/71
1/14/72
8/2/72
9/29/72
9/29/72
9/29/72
9/29/72
9/29/72
8/31/72
9/29/72
9/29/72
9/29/72
95.26
99.25
91.20
99.00
92.16
98.14
97.28
100.01
99.31
98.28
95.11
97.25
98.13
81.20
79.04
76.00
73.30
74.26
76.16
80.02
80.26
80.02
7/28/71
7/28/71
1/30/70
9/14/72
1/30/70
9/14/72
5/4/70
4/12/72
5/4/70
8/17/70
8/10/71
9/14/72
9/8/72
1/30/70
1/30/70
1/30/70
1/30/70
5/29/70
10/30/70
6/30/71
10/29/71
4/28/72
2/15/71
8/15/71
2/15/69
8/15/72
5/15/69
2/15/72
10/1/69
9/8/71
2/15/70
8/15/70
2/15/71
11/15/71
8/15/72
4/1/68
10/1/68
4/1/69
10/1/69
4/1/70
10/1/70
4/1/71
10/1/71
4/1/72
Date
8/10/71
8/11/71
11/24/71
5/4/70
Treasuiy Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, SEPTEMBER 2 9 ,1Q79
Table MQ-3. - Treasury Bonds
(Brice decimals are 32nds)
Price
Amount
out
standing
(millions)
Description
Bid
1,213
1,207
1,510
2,582
1,899
807
2,702
2,355
1,006
1,216
2-1/2%
4
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
4
3-1/2
7
6-3/8
6-3/8
3-1/4
6-1/8
_
4,347
3,773
242
1,522
990
3,434
3-1/2
4-1/4
4
4-1/8
3
3-1/2
_
$1,352
3,894
4,339
2,467
2,852
_
_
_
-
_
_
_
_
-
_
_
_
_
_
_
_
_
Yield
Change
from
last
month
To first
call or
maturity
2/
-.18
-1.02
-.22
-.30
-.20
-.18
1/ 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. "When issued" prices are included in the
history beginning October 194-1. Dates of highs and lows in case of
recurrences are the latest dates.
Date
78.24
85.31
85.24
84.28
84.22
1/6/60
12/29/69
12/29/69
12/29/69
12/29/69
5.85
6.46
5.99
6.47
6.32
+.23
+.20
+.13
+.09
+.22
12/2/57
4/5/60
5/1/53
1/23/59
10/3/60
4/22/58
5/5/61
8/4/54
5/12/61
5/12/61
+.17
+.07
+.09
+.09
+.14
+.07
+.11
+.08
+.09
+ .06
+.05
8/15/71
2/15/72
8/15/72
6/3/58
11/15/71
11/5/71
3/9/72
8/22/72
6/11/58
11/5/71
82.14
66.30
62.02
71.04
66.24
99.05
98.02
96.11
61.08
96.20
12/29/69
5/26/70
5/26/70
12/29/69
5/24/70
6.46
6.56
6.71
5.64
6.45
110.24
105.28
111.28
103.18
97.24
110.02
101.14
99.22
101.04
100.20
2/14/58
8/15/62
1/17/63
4/18/63
2/15/55
10/3/60
106.26
104.10
100.11
100.26
101.12
95.14
4/21/58
12/26/62
1/16/63
8/28/63
6/18/55
5/12/61
59.20
63.00
62.18
61.26
59.20
59.20
5/26/70
5/26/70
5/26/70
5/26/70
5/26/70
5/26/70
5.41
6.10
5.80
5.88
4.53
4.97
78.22
78.28
78.22
78.22
78.20
78.22
Price
4/6/46
3/22/71
11/12/64
3/22/71
1/12/64
96.04
81.04
78.18
85.22
82.10
2/
2/
2/
2/
2/
2/
Date
106.16
99.30
100.01
99.28
101.07
11/15/74
5/15/75-85
6/15/78-83
2/15/80
11/15/80
2/15/90
8/15/87-92
2/15/88-93
5/15/89-94
2/15/95
11/15/98
Price
Low
11/15/45
9/15/63
7/22/64
1/15/65
5/15/64
+’.01
-.01
-.04
-.05
-.09
103.20
98.24
97.10
78.20
97.00
High
+.61%
+.16
+ .21
+.21
+.25
99.15
98.22
98.10
97.25
97.16
8/15/81
2/15/82
8/15/84 1/
5/15/85 1/
11/15/86 1/
Issue
date
5.15%
5.57
5.70
5.84
5.89
12/15/67-72
8/15/73
11/15/73
2/15/74
5/15/74
- .1 0
-1.14
-.26
-.12
-1.04
-1.06
-.14
-.22
-.20
-1.08
Price range since first traded l/
Change
from
last
month
2/ On callable issues market convention treats the yields to earliest
call date as more significant when an issue is selling above par,
and to maturity when it is selling at par or below,
2/ Included in the average yield of long term taxable Treasuiy Bonds
as shown under "Average Yields of Long Term Bonds."
7/28/71
9/15/72
9/25/72
5/26/70
9/26/72
©
YIELDS OF T R E A S U RY SECURITIES, SEP TE M BE R 2 9 , 1 9 7 2
I
Based on Closing Bid Quotations
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
PERCENT
'O
k!
i
-3
<©
C
o
H-1
o
5!
ui
o
z
>
§
3
ui
H
O
C
W
w
w
ui
H
M
£
W
»
to
CD
CO
<J
to
1972
1973
1974
1975
1976
1977
1978
1979
1980
Note: The smooth curve is fitted by eye. Market yields on coupon issues due in less than 3 months are excluded.
1981
1982
78
Treasury Bulletin
____________________________________ AVERAGE YIELDS OF LONG -TERM BONDS
Table AY-1. - Average Yields of Treasury, Corporate and Municipal Bonds by Periods
Aa new
corporate
bonds 2/
Treasury
bonds 1/
Period
S. I. A.
new Aa
munic ipal
bonds 2/
S. I. A.
S. I. A.
Treasury Aa new
new Aa
new Aa
corporate
bonds 1/
municipal
raunicipal
bonds 2/
bonds 2/
bonds 2/
Monthly series - averages of daily or weekly series
Treasury
bonds 1/
Aa new
corporate
bonds 2/
1967
1964
1961
Treasury
bonds 1/
Aa new
corporate
bonds 7 j
S. I. A.
new Aa
municipal
bonds 2/
1970
3.89
3.81
3.78
3.80
3.73
3.88
4.63
4.43
4.37
4.57
4.67
4.82
3.30
3.20
3.35
3.45
3.25
3.50
4.15
4.14
4.18
4.20
4.16
4.13
4.50
4.39
4.45
4.48
4.48
4.50
3.08
3.05
3.15
3.18
3.15
3.20
4.40
4.47
4.45
4.51
4.76
4.86
5.53
5.35
5.55
5.59
5.90
6.06
3.40
3.50
3.50
3.55
3.83
3.90
6.86
6.44 5/
6.39
6.53
6.94
6.99
9.00
8.84
9.00
9.09
9.53
9.70
6.55
6.25
6.15
6,60
7.00
7.10
Dec...........
3.90
4.00
4.02
3.98
3.98
4.06
4.81
7.79
4.72
4.60
4.52
4.58
1962
3.43
3.45
3.40
3.30
3.35
3.45
4.13
4.14
4.16
4.16
4.12 5/
4.14
4.44
4.44
4.49
4.49
4.48
4.49
1965
3.10
3.10
3.15
3.15
3.12
3.10
4.86
4.95
4.99
5.19
5.44
5.36
6.06
6.30
6.33
6.53
6.87
6.93
1968
3.90
3.85
4.00
4.10
4.30
4.35
6.57
6.75
6.63
6.59
6.24 5/
5.97
9.09
9.08
9.00
9.14
8.97
8.13
1971
6.22
6.00
6.15
6.25
6.05
5.20
Jan...........
Feb...........
Mar...........
Apr...........
May...........
June..........
4.08
4.09
4.01
3.89
3.88
3.90
4.56
4.53
4.41
4.37
4.32
4.30
3.25
3.15
3.10
2.95
3.05
3.15
4.14
4.16
4.15
4.15
4.14 5/
4.14
4.45
4.45
4.49
4.48
4.52
4.57
3.00
3.08
3.10
3.05
3.10
3.20
5.18
5.16
5.39
5.28
5.40
5.23 5/
6.57
6.57
6.80
6.79
7.00
7.02
4.10
4.25
4.35
4.23
4.37
4.47
5.92
5.84
5.71
5.75
5.96
5.94
7.63
7.54
7.62
7.76
8.25
8.15
July..........
Aug...........
Sept..........
Oct...........
4.02 4/
3.98
3.94
3.89
3.87
3.87
4.41
4.39
4.28
4.26
4.23
4.28
3.20
3.08
3.05
2.95
2.90
3.00
4.15
4.19
4.25
4.28
4.34
4.43
4.57
4.66
4.71
4.70
4.75
4.92
3.20
3.15
3.30
3.30
3.35
3.45
5.09
5.04
5.09
5.24
5.36
5.66
6.91
6.54
6.69
6.88
7.00
7.28
4.45
4.20
4.30
4.30
4.50
4.63
5.91
5.78
5.56
5.46 y
5.48
5.62
3.89 4/
3.92
3.93
3.97 4/
3.97
4.00
1963
4.22
4.25
4.28
4.35
4.36
4.32
8.24
8.14
7.90
7.72
7.67
7.54
1972
5.40
5.10
5.00
5.11
5.80
5.89
5.96
5.62
5.20
4.87
4.92
5.02
2.98
3.00
2.95
3.00
3.00
3.10
4.43
4.61
4.63
4.55
4.57
4.63
4.93
5.09
5.33
5.38
5.55
5.67
3.65
3.63
3.65
3.45
3.60
3.70
5.74
5.86
6.05
5.84
5.85
6.05
4.75
4.80
5.10
5.13
5.20
5.60
5.62
5.67
5.66
5.74
5.64
5.59
4.01
3.99
4.04
4.07
4.11
4.14
4.34
4.34
4.40
4.37
3.20
4.49
3.08
3.00
3.10
3.10
3.20
3.15
4.75
4.80
4.79
4.70
4.74
4.65
5.81
6.04
6.14
6.04
6.11
5.98
3.80
4.10
3.93
3.85
3.90
3.80
6.07
6.02
6.32
6.27
6.52
6.81
5.60
5.90
6.05
5.90
6.05
6.65
5.59 y
5.59
5.70
7.36
7.57
7.53
7.77
7.61
7.63
7.72
7.59
7.72
Jan............
Feb...........
Mar...........
May...........
July..........
Aug...........
Sept..........
Oct...........
Dec...........
Feb...........
May...........
June..........
Aug...........
Sept..........
Oct...........
Dec...........
Period
Treasury
bonds 1/
Aa new
corporate
bonds 2/
1966
S. I. A.
new Aa
municipal
bonds 2/
Period
Treasury
bonds 1/
1969
Aa new
corporate
bonds 2/
7.29
7.33
7.76
7.54
7.62
8.04
8.06
8.05
8.36
8.46
8.94
9.22
S. I. A.
new Aa
municipal
bonds 2/
Period
Treasury
bonds 1/
Aa new
corporate
bonds 2/
4.99
5.06
5.29
5.30
5.22
5.26
5.28
5.19
5.26
S. I. A.
new Aa
municipal
bonds y
Weekly series - average for weeks ending 1972:
Apr.
May
7...
14...
21...
28...
5.73
5.76
5.76
5.71
7.64
7.77
7.86
7.80
5...
12...
19...
26...
5.69
5.69
5.64
5.57
7.73
7.63
7.63
7.55
5.20
5.31
5.28
5.34
5.17
5.29
5.14
5.22
1972:
June
2...
9...
16...
23...
30...
July 7...
14...
21...
28...
5.56
5.59
5.59
5.58
5.61
7.48
7.55
7.63
7.65
7.69
5.61
5.59
5.56
5.58 y
7.73
7.72
7.73
7.68
1/ Treasury bond yields are based on a composite of closing bid quotations in the over-the-counter market. Series includes bonds on which
the interest income is subject to normal tax and surtax which are
neither due nor callable before 10 years. For bonds currently in
series, see Table MQ-3.
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 call protection. Currently 5 years of call
5.30
5.25
5.28
n.a.
5.29
5.25
5.31
5.30
5.17
1972:
Aug.
Sept.
4...
11...
18...
25...
1...
8...
15...
22...
29...
5.61
5.58
5.57
5.56
7.60
7.56
7.56
7.59
5.25
5.20
5.07
n.a.
5.62
5.66
5.68
5.70
5.75
7.64
7.69
7.72
7.74
7.74
5.32
5.60
n.a.
5.15
5.22
protection is valued at 15 basis points.
Index of new issue reoffering yields on Aa 20 year general obligations
compiled by Securities Industiy Association. Weekly series are not
available prior to January 1970.
y
One or more new long-term bonds added to the average.
5/ An existing bond dropped from the average,
n.a.
Not available,
2/
AVERAGE YIELDS OF LONG - TERM TREASURY, CORPORATE AND MUNICIPAL BONDS
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
%
M o n th ly A v e ra g e s
9.0
9.0
8.0
8.0
7.0
7.0
N ew Aa
" C o rp ora te B o n d s
6.0
6.0
T rea su ry B o n d s
5.0
5.0
4.0
4.0
-S ./ .A . N ew Aa~
M u n icip a l B o n d s
3.0
3.0
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
Treasury Bulletin
80
EXCHANGE STABILIZATION FTTNT>
Table ESF-1. - Balance Sheets as of June 30, 1971 and June 30, 1972p
Assets, Liabilities, and Capital
Cash:
June 30, 1971
June 30, 1972
Assets
Treasurer of the United States (includes Undeposited Collections)..
Federal Reserve Bank of New York, special account..............
Imprest fund..............................................
277,096.26
264. 860,367.00
1,500.00
2,877,099.11
267,860,367.00
1,500.00
Total cash................................................
$ 265,138,963.26
Special drawing rights.........................................
Special account of Secretary of the Treasury with Federal Reserve Bank
of New York - Gold...........................................
1,246,710,387.12
Foreign exchange due from foreign banks:
270,738,966.11
$1,957,631,604.43
79,939,167.79
174,654,324.51
1/
Banque Nationale de Belgique.... ...........................
Bank of Canada............................................
Deutsche Bundesbank........................................
Bank of England...........................................
Banca d'Italia............................................
Sveriges Riksbank.........................................
Banque Nationale Suisse....................................
Bank for International Settlements...........................
7,058.40
20,686.26
2,737,644.89
99,363.96
197,667.81
4,952.77
580.67
191,233,599.76
22,309.07
3,082,803.87
243,400,409.06
221,017.72
5,270.38
5,841.04
155,173,595.50
i,387,749,613.71
31,787,398.66
2,578,479,270.94
37,051,140.05
Investments in:
U.S. Government securities..................................
Foreign securities.........................................
Prepaid expense...............................................
395.39
572.95
Accrued interest receivable - U.S. Government securities...........
Accrued interest receivable - SDR Holdings.......................
Accrued interest receivable - foreign............................
4,004,497.70
3,279,285.00
784,553.72
3,192,039.96
4,907,480.00
1,975,052.85
132,679.63
160,583.76
Accounts receivable...........................................
Furniture and equipment........................................
Less allowance for depreciation.............................
335,691.74
120,068.29
215,623.45
426,137.77
148,572.14
277,565.63
Buildings....................................................
Less allowance for depreciation.............................
50,000.00
12,600.00
37,400.00
50,000.00
14,400.00
35,600.00
Land........................................................
100,000.00
100,000.00
Total assets.................................................
3,308,896,676.67
5,336,400,291.11
Accounts payable ..................................... ........
4,895,674.24
8,146, 336.05
Special deposit accounts...................................... .
6,000,000.00
3,000, 000.00
Advance from U. S. Treasury (U. S. drawings on I.M.F.).............
Special drawing rights certificates.............................
Deferred liability - Foreign Exchange Revaluation .................
650.000.000.00
400.000.000.00
32,789,675.13
1,712,000, 000.00
400,000, 000.00
164,793, 751.60
Liabilities and Canital
Special drawing rights allocations..............................
Capital account...............................................
Deduct subscription to International Monetary Fund.............
Net income (see Table 2).......................................
Total liabilities and capital.................................. .
Note:
Annual balance sheets for fiscal years 1923 through 1940 appear in
the 1940 Annual Report of the Secretary of the Treasury and those for
succeeding years appear in subsequent reports. Quarterly balance sheets
beginning with December 31, 1938 have been published in the Treasury
1,583,780,000.00
2,000, 000,000.00
1,800, 000,000.00
200,000,000.00
2,000,000,000.00
1,000,000,000.00
2,490,605, 860.90
200,000, 000.00
431,431,327.30
357,854, 342.56
3,308,896,676.67
5,336,400,291.11
Bulletin.
1/ Excludes foreign exchange transactions for future and spot delivery,
p Preliminary,
October 1972
81
EXCHANGE STABILIZATION FUND,
Table ESF-2. - Income and Expense
Classification
January 31, 1934 through
June 30, 1971
January 31, 1934 through
June 30, 1972p
Income:
Profits on transactions in:
Gold and exchange (including profits from
handling charges on gold).......................................
Sale of silver to U. S. Treasury.................................
$143,687,579.81
22,350,994.33
3,473,362.29
3,473,362.29
Silver........................................................
102,735.27
102,735.27
Investments....................................................
1,374,108.84
1,368,957.14
Miscellaneous..................................................
184,912.72
187,279.41
198,431,524.00
294,273,144.65
Interest on:
Investments....................................................
Special drawing rights..........................................
Foreign balances...............................................
581,897.00 DR.
8,081,949.82 DR.
164,788,215.10
175,786,199.79
511,460,541.03
477,382,725.23
Personnel compensation and benefits.................................
57,284,020.20
63,939,881.46
Travel..........................................................
3,494,567.49
3,880,604.77
Transportation of things..........................................
4,000,169.13
4,103,922.94
Rent, communications, and utilities.................................
1,757,152.97
1,965,995.96
Supplies and materials............................................
468,414.18
529,166.26
Revaluation of SDR holdings and allocations..........................
Total Income....................................................
42,077,997.83 DR.
Expense:
13,024,889.76
15,108,811.28
Total expense....................................................
80,029,213.73
89,528,382.67
Net income........................................................
431,431,327.30
357,854,342.56
p
Preliminary.
Treasury Bulletin
82
INTERNATIONAL FINANCIAL STATISTICS
The tables in this section are designed to provide data
on United States reserve assets and liabilities and other
statistics related to the United States balance of payments
and international financial position. A number of changes
were introduced in the May 1967 and July 1972 issues of the
Bulletin to increase the usefulness of this section.
Table 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 Monetary Fund,
holdings of convertible foreign currencies, and t reserve
position in the International Monetary Fund.
Table IFS-2 brings together statistics on liquid and
nonliquid liabilities to foreign official
institutions,
and liquid liabilities to all other foreigners, which are
used in the
United States balance-of-payments
statistics.
Table IFS-3 presents an area breakdown of United States
liquid and nonliquid liabilities to official institutions of
foreign countries.
Table IFS-4 shows United States Treasury nonmarketable
bonds and notes issued to official institutions of foreign
countries.
Table IFS-5 sets forth the factors which affect the
United States position in the International Monetary Fund.
Table IFS-6 presents United States net monetary gold
transactions with foreign countries and international and
regional organizations.
Table IFS-1. - U.S. Reserve Assets
(in millions of dollars)
Gold stock 1/
End of
calendar year
or month
Total
reserve
assets
Total 2/
Treasury
Special
drawing
rights 2/
Convertible
foreign
currencies 4/
1957..........................
1958..........................
1959..........................
1960..........................
1961..........................
1962..........................
1963..........................
1964..........................
1965..........................
1966..........................
1967..........................
1968..........................
1969..........................
1970................. ........
1971..........................
24,832
22,540
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
15,710
16,964 7/
14,487
12,167 8/
22,857
20,582
19,507
17,804
16,947
16',057
15,596
15,471
13,806 6/
13,235
12,065
10,892
11,859
11,072
10,206
22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733 6/
13,159
11,982
10,367
10,367
10,732
10,132
851
1,100
1971-Sept.....................
Oct......................
Nov......................
Dec......................
1972-Jan......................
Feb......................
Mar......................
Apr......................
May............... .......
June.....................
12,131
12,146
12,131
12,167 8/
12,879
12,330
12,270
12,285
13,345 9/
13,339
13,090
13,124
13,217
10,207
10,207
10,206
10,206
10,206
9,662
9,662
9,662
10,490 9/
10,490
10,132
10,132
10,132
10,132
10,132
9,588
9,588
9,588
10,410 9/
10,410
1,097
1,100
1,100
1,100
1,810
1,810
1,810
1,803
1,958 9/
1,958
250
259
243
276 8/
276
276
212
429
469
457
10,490
10,488
10,487
10,410
10,410
10,410
1,958
1,958
1,958
203
234
323
July......................
Aug......................
Sept......................
1/ 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 liabilities see Table
IFS-2.
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.
2/ Includes initial allocation on January 1, 1970 of $867 million, second
allocation on January 1, 1971 of $717 million and third allocation on
January 1, 1972 of $710 million of special drawing rights (SDR) in the
Special Drawing Account in the International Monetary Fund, plus or
minus transactions In SDR.
i j Includes holdings of Treasury and Federal Reserve System.
5/ The United States has the right to purchase foreign currencies equiva
lent to its reserve position In the Fund automatically if needed.
Under appropriate conditions the United States could purchase addi
_
_
_
_
_
_
_
116
99
212
432
781
1,321
2,345
3,528
2,781 7/
629
276 8/
_
_
_
-
Reserve
position in
International
Monetary Fund 5/
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 6/
326
420
1,290
2,324
1,935
585
577
580
582
585
587
582
586
391
428 9/
434
439
444
449
tional amounts equal to 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 m the U.S. gold stock and excluded from the reserve position.
7/ Includes gain of $67 million resulting from revaluation of the German
mark in October 1969, of which $13 million represents gain on German
mark holdings at time of revaluation. See also footnotes 3 and 4,
Table IFS-4.
8/ Includes $28 million increase in dollar value of foreign currencies
revalued to reflect market exchange rates as of December 31, 1971. See
also footnotes 3 and 6, Table IFS-4.
2/ Total reserve assets include increase of $1,016 million resulting from
change m par value of the U.S. dollar on May 8, 1972, consisting of
$828 million total gold stock, $822 million Treasury gold stock, $155
million special drawing rights and $33 million reserve position in
the International Monetary Fund.
October 1972
83
.INTERNATIONAL FINANCIAL STATISTICS
Table IFS-2. - U.S. Liquid and Nonliquid Liabilities to Foreign Official Institutions,
and Liquid Liabilities to All Other Foreigners
fin millions of dollars)
Liabilities to foreign countries
End of
calendar
year
or month
Total
15,825 3 /
16,845 3/
19,428
1957............
1958............
1959............
Liquid
liabil
ities
to IMF
arising
from
gold
trans
actions l/
Liquid
Total
200
200
500
n.a.
n.a.
10,120
Nonliquid
NonShort- Market - marketterm
able
able
liabil U.S.
convert
ities
Gov 't
ible U.S.
reported bonds
Treasury
by banks and
bonds
in U.S. notes Lj and
notes
_
_
-
-
-
-
I960 TO/
f 20,994
\ 21,027
800
800
11,078
11,088
866
876
-
1961 10/
J 22,853
i 22,936
800
800
11,830
11,830
10,940
10,940
890
890
-
1962 10/
J 24,268
\ 24,268
800
800
12,948
12,914
11,997
11,963
751
751
1Q63 in/
/ 26,433
\ 26,394
800
800
14,459
14,425
12,467
12,467
1,217
1,183
1Q6Z. in/
/ 29,313
<29,364
800
800
15,790
15,786
13,224
13,220
1,125
1,125
29,569
8341,011
1,011
15,826
13,066
14,841
14,896
12,484
12,539
1,105
860
860
1,033
1,033
1,030
1,030
18,201
18,194
17,407
17,340
14,034
14,027
908
908
11,318
11,318
529
462
711
711
701
701
1,019
1,019
15,975 11/11,054
15,998
11,077
346
346
555 11/
555
f 31,145
1967 10/.........
J 35,819
\ 35,667
1968 10/........
1969 10/.........
J
{
j
(
1970 10/
J 47,009
\ 46,960
566
566
23,786
23,775
19,333
19,333
306
295
1971 10/ 12/.....
f 67,681
\ 67,810
544
544
51,209
50,651
39,679
39,018
1,955
1,955
63,105
63,943
65,262
65,746
f 67,68]
( 67,810
544
544
544
544
544
544
43,863
45,331
46,574
48,339
51,209
50,651
34,015
35,080
36,067
37,271
39,679
39,018
69,063
69,995
71,015
72,217
72,110
73,999
77,472
79,44-9
544
-
51,514
52,799
53,811
54,098
53,579
54,617
39,581
40,679
40,985
38,728
37,850
38,616
870
1,015
1,272
1,747
1,955
1,955
2,260
2,448
2,882
2,933
3,283
3,557
59,439
60,596
39,800
40,621
h,ik6
1971-Aug........
Sept........
Oct.........
Noy........
Dec. 10/ 12/..
1972-Jan........
Feb........
Mar........
Apr........
May.........
June........
July p......
Aug. p......
\ 31,020
38,687
38,473
45,755 11/
45,914
3,781
-
-
_
703
703
_
9
9
158
158
1,079
1,079
1,201
120
256
256
913
913
1,807,
1,807
2,341
2,341
1,505
1,505
200
200
Total
5,404
5,484
5,346
5,346
2,871
2,873
2,355
2,357
516
516
2,565
2,565
448
448
3,046
3,046
1,960
1,965
1,722
1,722
63
63
5,817
5,817
3,013
3,013
3,397
3,387
204
204
7,271
7,303
3,730
3,753
3,354
3,377
351
341
376
376
334
328
328
7,419
10,116
9,936
4,059
4,271
4,272
3,587
472
528
528
1,431
906
905
741
741
2,518
2,518
11,209
11,085
14,472
14,472
4,685
4,678
3,743
3,744
4,127
4,120
558
558
691
677
5,053
4,909
4,444
4,444
609
465
725
722
2,51511/ 23,638
2,515
23,645
3,939
4,064
525
525
659
663
4,029
4,039
3,691
3,694
647
565
844
846
447
447
1,528
1,524
3,839
3,645
3,734
3,733
3,691
3,694
3,763
3,812
3,818
3,853
3,889
4,102
543
515
510
481
447
447
390
392
376
389
395
372
1,496
1,473
1,422
1,455
1,528
1,524
1,681
1,619
1,546
1,444
1,426
1,476
4,122
4,044
370
378
1,427
1,523
172
161
159
170
144
144
138
137
127
120
129
127
117
88
3,021
3,021
3,021
3,096
3,371
3,441
12,820
12,435
12,478
11,194
10,262
10,950
4,382
4,160
4,244
4,214
4,138
4,141
3,441
3,441
3,723
3,723
3,723
3,723
3,647
3,647
11,171
11,373
11,464
12,433
12,821
13,432
12 ,114
12,908
4,153
4,204
4,194
4,242
4,284
4,474
4,492
4,422
10/
11/
12/
n.a.
p
543
550
1,525
1,541
1,948
1,949
2,161
2,195
5,785
6,054
6,055
6,055
6,060
6,093
2/
764
1,047
1,190
2,773
2,780
17,137
17,169
10,262
10,950
7/
n.a.
n.a.
541
4,818
4,818
3,023
3,023
3,371
3,441
8/
Market
able
U.S.
Gov rt
bonds
and
notes I j
2,252
2,430
2,399
2,230
2,230
695
695
144,
144
5/
6/
Short
term
liabil
ities
reported
by banks
in U.S.
n.a.
n.a.
2,940
429
429
6,060
6,093
Lj
Liquid
liabil
ities
to non
monetary
interna
tional
and re
gional
organi
zations 8/
3,472
3,520
4,678
4,464
4,589
4,676
4,604
4,138
4,141
6,094
6,094
6,094
8,594
8,594
8,594
12,094
.12,094
...... j
Table is based on Treasury Department data and on data reported to
the Treasury Department by banks and brokers in the United States.
Data correspond generally to statistics following in this section and
in the "Capital Movements11 section, except for the exclusion of non
marketable, nonconvertible U.S. Treasury notes issued to foreign of
ficial nonreserve agencies and the inclusion of investments by foreign
official reserve agencies in nonguaranteed bonds of U.S. Federallysponsored agencies. Table excludes International Monetary Fund "hold
ings of dollars," and holdings of U.S. Treasury letters of credit and
nonnegotiable, noninterest-bearing special U.S. notes held by other
international and regional organizations. The liabilities figures are
used by the Department of Commerce in the statistics measuring the
balance of international payments of the United States. However, this
table does not include changes in liquid claims reported by U.S. banks
and nonbanking concerns, which are used in calculating the net liq
uidity balance, or certain nonliquid liabilities to foreign official
institutions which enter into the calculation of the official reserve
transactions balance. In addition, the balance-of-payments statistics
include certain adjustments to Treasury data prior to 1963 and some
rounding differences, and may differ from the Treasury data because of
varying timing in incorporating revisions.
1/ Includes liability on gold deposited by the International Monetary Fund
to mitigate the impact on the U.S. gold stock of foreign purchases for
gold subscriptions to the Fund under quota increases, and U.S. Govern
ment obligations at cost value and funds awaiting investment obtained
from proceeds of sales of gold by the International Monetary Fund to
the United States to acquire income-earning assets.
2/ Includes Bank for International Settlements and European Fund.
1/ Derived by applying reported transactions to benchmark data; breakdown
of transactions by type of holder estimated 1960-1963. Includes se
curities issued by corporations and other agencies of the United States
Government which are guaranteed by the United States.
Note:
Liquid
Nonliabil
marketities
able
to
nonbanks 6/
convertible U.S.
Treasury
bonds and
notes 5/
_
n.a.
n.a.
966
1966 10/
Long
term
liabil
ities
reported
by banks
in U.S.
-
7,917
8,665
9,154
10,212
10,212
1965............
Liquid liabilities
to other foreigners
Official institutions 2/
Includes nonguaranteed securities of U.S. Federally-sponsored agencies,
beginning February 1972.
Excludes notes issued to foreign official nonreserve agencies.
Includes short-term liabilities payable in dollars to foreign banks,
and short-term liabilities payable in foreign currencies to foreign
banks and to "other foreigners."
Includes marketable U.S. Government bonds and notes held by foreign
banks.
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development Bank.
From December 1957 through January 1972 includes difference between
cost value and face value of securities in IMF gold investment account.
Includes total foreign holdings of U.S. Government bonds and notes, for
which breakdown by type of holder is not available.
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Includes $101 million increase in dollar value of foreign currency
liabilities resulting from revaluation of the German mark in October
1969, as follows: liquid $17 million; nonliquid $84 million.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks"; a number of reporting banks are included in the
series for the first time; and U.S. Treasury liabilities payable in
foreign currencies to official Institutions of foreign countries are
increased in value to reflect market exchange rates as of December 31,
1971, as follows: U.S. Treasury certificates, $7 million; nonmarketable
convertible U.S. Treasury bonds and notes, $33 million; and nonmarketable
nonconvertible U.S. Treasury bonds and notes, $70 million,
Not available.
Preliminary.
84
T re a s u ry B u lle tin
INTERNATIONAL FINANCIAL ST ATTSTTCiS
Table IFS-3. - U.S. Liquid and Nonliquid Liabilities to Official Institutions
of Foreign Countries, by Area
(in millions of dollars)
End of
calendar year
or month
1963...................
Total
foreign
countries
14,425
15,786
Western
Europe
1/
8,508
Canada
Latin
American
Republics
Asia
Africa
Other
countries
2/
1,058
2,740
3,028
154
160
176
1,702
1,283
1,550
3,309
194
245
1,789
1,812
15,826
9,325
8,826
f 14,841
\ 14,896
7,772
7,772
1,333
1,333
1,310
1,310
3,900
3,955
278
278
248
248
18,194
10,321
1,310
1,582
4,428
250
303
f 17,407
( 17,340
8,070
8,062
1,867
1,866
1,865
1,865
5,043
4,997
259
248
303
302
1QAQ '1/
f 15,975 4/
\ 15,998 4/
7,074 4/
7,074 4/
1,624
1,624
1,888
1,911
4,552
4,552
546
546
291
291
1Q7H 'X/
f 23,786
\ 23,775
13,620
13,615
2,951
2,951
1,681
1,681
4,713
4,708
407
407
414
413
1Q71
'X/ 2/..............
£>/
J-7/1 2/
f 51,209
\ 50,651
30,010
30,134
3,980
3,980
1,414
1,429
14,519
13,823
415
415
871
870
1971-Aug...............
Sept...............
Oct...............
Nov...............
43,863
45,331
46,574
48,339
26,059
26,634
27,154
28,157
3,474
3,462
3,530
3,710
1,398
1,275
1,344
1,340
11,788
12,872
13,477
14,009
312
296
276
248
f
io/i 2./
o/ 2/
c;/........ .
uec.
1972-Jan...............
Feb...............
Mar...............
Apr...............
May...............
June...............
f 51,209
\ 50,651
^ 51, 514
52,799
53,811
54,098
53,579
54,617
30,010
30,134
30,266
31,190
31,593
31,363
30,935
31,910
3,980
3,980
3,974
3,981
4,052
4,181
4,316
4,486
July p.............
Aug. p.............
59,439
60,596
36,380
36,607
4,446
4,463
1,414
1,429
1,402
1,330
1,323
1,492
1,476
1,473
1,392
1,415
14,519
13,823
14,430
14,792
15,191
15,249
14,967
14,584
14,740
15,352
415
415
426
449
457
477
458
533
572
652
832
792
793
875
871
870
1,016
1,057
1,195
1,336
1,427
1,631
1964...................
1965...................
1967...................
Note:
Data represent short-and long-term liabilities to the official
institutions of foreign countries, as reported by banks in the United
States; foreign official holdings of marketable and nonmarketable U.S.
Government securities with an original maturity of more than one year,
except for nonmarketable notes issued to foreign official nonreserve
agencies; and investments by foreign official reserve agencies in non
guaranteed bonds of U.S. Federally-sponsored agencies. The table does
not include certain nonliquid liabilities to foreign official institu
tions which enter into the calculation of the official reserve trans
actions balance by the Department of Commerce.
1/ Includes Bank for International Settlements and European Fund.
2/ Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
2J Data on the two lines shown for this date differ because of changes in
178
1,909
2,107
reporting coverage. Figures on the first 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.
Lj Includes $101 million increase in dollar value of foreign currency
liabilities due to revaluation of the German mark in October 1969.
5/ Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks"; a number of reporting banks are included in the
series for the first time; and U.S. Treasury liabilities payable in
foreign currencies to official institutions of foreign countries are
increased in value by $110 million to reflect market exchange rates
as of December 31, 1971.
p
Pre1iminary.
85
October 1972
_______ INTERNATIONAL FINANCIAL STATISTICS Table IFS-4. - Nonmarketable U.S. Treasury Bonds and Notes
Issued to Official Institutions of Foreign Countries
(In millions of dollars or dollar equivalent)
dollars
Payable in <
End of
calendar
year
or month
1962......................
1963......................
1964......................
1965......................
1966......................
i967......................
1968......................
1969......................
1970......................
1971......................
1971-Sept..................
Oct...................
Nov...................
Dec...................
1972-Jan...................
Feb...................
Mar...................
Apr................
May...................
June..................
July..................
Aug...................
Sept..................
Total
Total
251
893
1,440
1,692
695
1,563
3,330
3,181 U
3,563 7
9,657 1/
9,193
9,195
9,271
9,657 5/
9,658
9,658
9,940
12,440
12,441
12,441
15,864
15,864
16,022
Belgium
Canada
1/
163
354
484
353
516
1,692
1,431
2,480
7,829
32
32
32
32
125
329
299
144
314
1,334
1,129
2,289
2,640
7,479
7,479
7,554
7,829
32
32
32
32
2,289
2,289
2,365
2,640
7,829
7,829
8,188
10,688
10,688
10,688
14,188
14,188
14,345
32
32
32
32
32
32
32
32
32
2,640
2,640
2,840
2,840
2,840
2,840
2,840
2,840
2,840
-
Denmark
Germany
_
1 5,000
13
160
I84
177
146
135
25
22
15
15
15
15
5,000
5,000
5,000
5,000
23
23
22
22
15
15
15
15
5,000
5,000
5,158
7,658
7,658
7,658
11,158
11,158
11,315
22
22
22
22
22
22
22
22
22
15
15
15
15
1*5
15
15
15
15
-
-
-
-
20
_
_
_
_
-
Korea
Italy
2/
-
Sweden
Taiwan
25
25
25
25
25
25
_
_
_
_
_
_
_
_
_
-
_
-
Thailand
-
-
20
20
20
20
100
100
100
100
20
20
20
20
100
100
100
100
20
20
20
20
20
20
20
20
20
100
100
100
100
100
100
100
100
100
"
Payable in foreign currencies
End of
calendar
year
or month
Total
251
730
1,086
1,208
342
1,047
1,638
1,750 U
1,083
1,827 5/
1971-Sept..................
Oct...................
Nov...................
Dec...................
1,714
1,716
1,716
1,827 y
1,828
1,828
1,752
1,752
1,753
1,753
1,676
1,676
1,677
July..................
Aug...................
Belgium
Germany
Italy
Switzerland
2/
1962......................
1963......................
1964......................
1965......................
1966......................
1967......................
1968......................
1969......................
1970......................
1971......................
1972-Jan...................
Feb...................
Mar...................
Apr...................
May...................
June..................
Austria
.
50
50
101
25
50
50
30
30
30
30
60
-
-
-
_
_
-
_
_
_
-
-
-
-
-
-
-
-
-
-
Note:
For further information, see "Public Debt Operations," Tables
PDO-8 and 9.
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
1969 through September 1970; and $24 million, October 1970 through
October 1971.
2/ Bonds issued to the Government of Italy in connection with military
purchases in the United States.
275
679
602
50
601
1,051
1,084 U
542
612
542
542
542
612
612
612
536
536
536
536
459
459
45?
2/
200
200
-
125
125
125
226
125
_
_
_
_
-
-
-
51
175
257
257
111
211
311
541
541
1,215
1,172
1,174
1,174
1,215
1,216
1,216
1,216
1,216
1,217
1,217
1,217
1,217
1,218
Bank for
International
Settlements
70
93
-
_
_
_
_
_
_
-
In addition, nonmarketable Treasury notes amounting to $125 million
equivalent were issued to a group of German commercial banks in
June 1968. The dollar value of these notes was increased by $10 million
in October 1969, and by $18 million as of December 31, 1971. See also
footnotes 7 and 8, Table IFS-1.
i j Includes an increase in dollar value of $84 million resulting from
revaluation of the German mark in October 1969. See also footnote 7,
Table IFS-1.
j>/ Includes $106 million increase In dollar value of foreign currency
obligations revalued to reflect market exchange rates as of December
31, 1971. See also footnote 8, Table IFS-1.
86
T r e a s u r y B u lle tin
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-5. - U.S. Position in the International Monetary Fund
(In millions of dollars)
Transactions affecting IMF holdings of dollars
during period
Transactions by
other countries
with IMF
U.S. transactions with IMF
Calendar year
or month
1946-57..................
1958.....................
1959.....................
1960.....................
1961.....................
1962.....................
,1963.....................
1964.....................
1965.....................
1966.....................
1967.....................
1968.....................
1969.....................
1970.....................
1971.....................
1971-Sept................
Oct.................
Nov.................
Dec.................
1972-Jan.................
Feb.................
Mar.................
Apr.................
May.................
June................
July................
Aug.................
Sept................
Note:
1/
2/
Payments
of
subscrip
tions in
dollars
2,063
1,031
776
1,155
-
Net
gold
sales
by IMF
1/
600
150
22
712 6/
*
_
541 7/
-
Trans
actions
in
foreign
curren
cies 2/
_
525
435
680
-84
150
1,362
_
-
200
-
IMF holdings
of dollars at
end of period
IMF net
income
In
dollars
Purchases
of
dollars J3/
-45
-2
2
11
16
17
16
18
12
15
20
20
19
25
-28
-2,670
-252
-13?
-149
-822
-110
-194
-282
-282
-159
-114
-806
-1,343
-854
-24
-3
-3
-2
-3
-2
5
-4
-5
-4
-6
-5
-5
-6
The initial U.S. quota in the International Monetary Fund was $2,750
million. The U.S. quota was increased to $4,125 million in 1959, $5,160
million in February' 1966, $6,700 million in December 1970, and $7,274million in May 1972 as. a result of change in the par value of the U.S.
dollar. Under the Articles of Agreement, subscription payments equal
to the quota have been made 25 percent in gold and 75 percent in dol
lars.
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).
Positive figures represent purchases from the Fund of currencies of
other members for equivalent amounts of dollars; negative figures rep
resent 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.
commitment to repurchase by an equivalent amount.
oj
Repur
chases
in
dollars
827
271
442
580
521
719
207
5
1
268
741
40
_
_
-
-
-
Total
change
Amount
Percent
of
U.S.
quota
U.S.
reserve
1 position
in IMF
at end of
period
4/
775
17
1,336
442
-135
626
29
266
165
1,313
-94
-870
-1,034
1,929
1,350
775
792
2,128
2,570
2,435
3,061
3,090
3,356
3,521
4,834
4,740
3,870
2,836
4,765
6,115
28
29
52
62
59
74
75
81
85
94
92
75
55
71
91
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 5/
326
420
1,290
2,324
1,935
585
-3
-3
-2
-3
-2
5
-4
195
537
-6
6,123
6,120
6,118
6,115
91
91
91
91
577
580
582
585
6,113
6,118
6,114
6,309
6,846
6,840
91
91
91
94
94
94
-5
-5
-6
6,835
6,831
6,825
94
94
94
587
582
586
391
428
434
439
444
449
Beginning January 1970, includes dollars obtained by countries other than
the United States from sales of gold to the Fund.
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
if needed. Under appropriate conditions, the United States could pur
chase additional amounts equal to the United States quota.
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/ Include^ $30 million of special drawing rights.
7/ Represents amount payable In dollars to the Fund to maintain the value
of Fund holdings of U.S. dollars.
* Less than $500,000.
October 1972
87
___________________________________ 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
1972
1971
Area and country
1967
Western Europe:
Austria.................................
Belgium.................................
Denmark.................................
France..................................
Germany.................................
Greece..................................
Italy..................................
Netherlands.............................
Spain...................................
Switzerland.............................
Turkey..................................
United Kingdom...........................
Bank for International Settlements.........
Other..................................
1968
1969
1970 1/
1971
Apr.June
-110
-473
-110
-282
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
-25
-175
12
-25
-50
-3
_
-3
-980
-669
969
-204
-796
Canada ..................................
150
50
-
-
Latin American Republics:
Argentina...............................
Brazil..................................
Colombia................................
Mexico..................................
Peru...................................
Venezuela...............................
Other..................................
-1
-1
*
-10
35
-14
-25
*
-40
-25
*
-12
-18
-28
-23
-1
-25
-13
Total Latin American Republics.............
9
-65
Asia:
Japan..................................
Other..................................
-44
Total Asia..............................
Africa:
Total Africa............................
JulySept.
-191
Oct.Dec.
_
_
_
Jan.Mar.
Apr.June
_
_
_
_
_
_
_
-
-
-
-
-
_
_
-
-
-
-50
_
_
-22
_
_
_
_
_
-
_
_
_
_
-448
-263
-
-
-
-
_
_
-
_
_
_
_
_
-4
_
*
_
_
_
_
_
*
_
_
-
_
_
_
-42
-4
-1
-
_
_
_
_
_
_
-
-54
-131
-5
-4
•*
-
-
-
-366
42
-119
-95
-38
10
-32
-1
_
-
_
-
-44
-366
42
-213
-38
10
-32
-1
-
-
-157
-66
-9
-70
-4
-2
*-
*
-
-
Other countries:
Total other countries.....................
-9
-2
9
-11
-2
-2
-
-
-
Total foreign countries.....................
-1,031
-1,118
957
-631
-845
-445
-296
-1
International and regional organizations 2/...
22
-3
10
Grand total...............................
-1,009
-1,121
967
Total Wes _ern Earope........... .
.....
l/ Includes m 1970 total (Oct.-Dec. 1970) the U.S. payment of $385
million increase in its gold subscription to the IMF and gold sold
by the IMF to the United States in mitigation of U.S. sales to other
countries making gold payments to the IMF. The country data include,
for the same period, gold sales by the United States to various
countries in connection with IMF quota payments. Such sales to
-
-
-156
-787 1/
_
-
_
_
_
_
-
_
_
_
_
-
_
_
_
_
_
_
_
_
-
-
-22
-11
-4
-
-544
-
-867
-457
-300
-1
-544
-
countries and resales by the IMF totaled $548 million each.
2/ Includes International Monetary Fund gold sales to and purchases
from the United States, gold deposits by the IMF (see Table IFS-2,
footnote l) and withdrawal of deposits. The first withdrawal,
amounting to $17 million, was made in June 1968.
* Less than $500,000.
Treasury Bulletin
88
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 , 193*4-, Execu
tive Order 10033 of February 8, 19*+99 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 noribanking 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, 1963. i/
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 are 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 are 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 an original maturity of one year or less. "Long
term" refers to obligations having an original maturity of
more than one year, and includes securities having no con
tractual maturity.
Reporting coverage
Reports are 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 year 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
$100,000.
Quarterly reports are 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 are $500*000 or more. Such firms
also report the liquid portion of their claims for each monthend when they have reportable claims of $1 million or more.
The foreign credit and debit balances of securities brokers
and dealers are reported quarterly; the exemption level ap
plicable to these reports is $100,000.
Description of statistics
Data collected on the Treasury Foreign Exchange Forms
are published in the "Treasury Bulletin" in six sections.
Each section contains all the data relevant to the same 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, are included.) The data
also exclude U.S. Treasury letters of credit, and nonnegotiable, noninterest-bearing special notes of the United States
held by international and regional organizations.
Section II presents the short-term and long-term claims
on foreigners reported by banks in the United States, including
claims held for their own account and for the account of
their domestic customers. The data exclude convertible for
eign currencies held by U.S. monetary authorities.
Sections III and IV show respectively the liabilities
October 1972
89
CAPITAL MOVEMENTS
to, and claims on, foreigners reported by exporters, impor
ters, industrial and commercial firms,finaneial 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 a.11 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 IFS-U). 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 axe treated in the balance of payments
as issues of U.S. corporations.
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 1969, transactions between foreigners in new issues
not offered for sale to United States residents but managed
by underwriters in the United States axe 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 axe 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.
1/ Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
Treasury Bulletin
90
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
International and regional
Banks and other foreigners
End of
calendar year
or month
short
term
liabili
ties
Payable in dollars
Payable
in
foreign
currencies
Payable
in
dollars
Total
Total
Banks
Other
foreigners
2,252
59
742
200
542
59
752
200
552
1957..........
14,383
13,641
7,917 \
7,917
-
14,615
8,665
8,665
-
5,950
3,460
2,430
4,601
2,398
5,724
3,413
Total
1958..........
15,367
1959..........
17,261
16,231
9,154
9,154
-
7,076
77
1,031
500
531
I960..........
18,701
17,260
10,212
10,212
-
7,047
4,705
2,230
113
1,442
691 U
751
1961 5/........
C20,015
{ 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
2,35^
104
104
1,317
1,317
613 u
613 u
704
704
1962 5/........
C21,958
| 21,958
19,907
19,874
11,997
11,963
11,949
11,915
48
48
7,911
7,911
5,251
5,251
2,564
2,564
95
95
2,050
2,084
800
800
22,877
21,330
12,467
12,437
30
8,863
5,713
3,046
104
1,547
739 u
808
f 25,467
13,224
13,220
13,224
13,220
_
<25,518
23,849
23,900
-
10,625
10,680
7,153
7,213
3,354
3,376
118
90
1,618
1,618
800
800
818
818
25,551
24,072
13,066
13,066
-
11,006
7,360
3,587
59
1,479
800
679
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
^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
31,717
30,234
1 1,318
10,855
463
18 ,,916
14,298
4,444.
173
1,483
800
683
1969 5/......
f 40,040
<40,199
38,631
38,786
11,054
11,077
10,851
10,874
202
202
27,577
27,709
23,412
23,419
3,939
4,064
226
226
1,409
1,413
800
800
609
613
1970 5/........
f 41,719
^41,761
40,499
40,541
19,333
19,333
19,184
19,185
148
148
21,166
21,207
16,917
16,949
4,029
4,038
220
220
1,221
1,221
400
400
821
821
1971 5/6/.....
T55,404
< 55,430
53,632
53,662
39,679
39,018 i7
39,521
38,854
158
165 7/
10,034
13,954
14,644 Jy 10,723 6/
3,692
3,694
228
228
1,772
1,767
400
400
1,372
1,367
1971-Aug.......
Sept......
Oct.......
Nov.......
Dec. 5J 6/..
52,416
52,878
53,946
^53,898
j 55,404
^55,430
50,674
51,160
52,279
52,198
53,632
53,662
34,015
35,080
36,067
37,271
39,679
39,018
12,590
12,197
12,255
10,981
10,034
10,723 6/(
1,742
1,718
1,667
1,701
1,772
1,767
400
400
400
400
400
400
1,342
1,318
1,267
1,301
1,372
1,367
54,515
55,864
56,267
55,014
54,560
56,150
39,581
40,679
40,985
38,728
37,850
38,616
10,904
11,067
11,115
12,106
12,488
13,079
267
306
349
327
333
353
1,923
1,462
1,388
1,275
1,265
1,315
400
1,523
1,462
1,388
1,275
1,265
1,315
July p....
Aug. p....
57,301
58,894
56,036
57,573
39,800
40,621
39,630
40,451
14,935
15,184
15,283
16,286
16,710
17,534
16,236
16,951
3,839
3,645
3,734
3,733
3,692
3,694
3,764
3,811
3,818
3*,852
3,890
4,103
4,122
4,044
230
239
222
213
228
228
56,439
57,326
57,656
56,289
55,825
57,465
421
158
158
158
158
165 7/
166
167
167
167
167
167
170
171
16,659
16,081
16,212
14,927
13,954
14,644 6/
1972-Jan.......
Feb.......
Mar.......
Apr.......
May.......
June......
33,594
34,921
35,909
37,112
39,521
38,854 6,/
39,415
40,513
40,818
38,561
37,683
38,449
309
284
1,265
1,321
1963..........
1964 5/........
1965..........
1966 5/........
1967 5/........
1968..........
/
6/
1/ Includes Bank for International Settlements and European Fund.
2/ Short-term U.S. Government obligations at cost value and funds await
ing investment obtained from proceeds of sales of gold by the Interna
tional Monetary Fund to the United States to acquire income-earning
assets. Upon termination of investment, the same quantity of gold
was reacquired by the International Monetary Fund.
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank. Includes difference between
cost value and face value of securities in IMF gold investment account
($14 million at end 1971).
/ In addition, IMF gold investment included investments in U.S. Govern
ment bonds and notes which amounted to $109 million at end 1960, $187
million at end 1961,and $61 million at end 1963.
4
Total
Non
IMF
monetary
gold
interna
invest
tional and
ment 2/
regional
3/ ....
Payable
in
foreign
currencies
11,805
12,623
-
-
-
1,250
1,284
1,265
1,321
5/ Data on the two lines shown for this date differ because of changes
m reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
6/ Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions" are
included with "banks" and a number of reporting banks are included in
the series for the first time.
1/ Second line includes $7 million increase in dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
uec.
1971.
Preliminary.
October 1972
91
.CAPITAL M OVEM ENTS.
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-1-2. - Short-Term liabilities by Type of Liability
Part A - Foreign Countries
(In millions of dollars)_____________________
Banks and other foreigners
Payable in dollars
Official institutions l/
End of
calendar
year
or month
Total
foreign
coun
tries
Payable in dollars
Deposits
Time
2/
U.S.
Treasury
bills and
certifi
cates
Other
short
term
liabili
ties 2/
Other foreigners
Payable
in
foreign
cur
rencies
Deposits
Time
2/
U.S.
Treasury
bills and
certifi
cates
Other
short
term
liabili
ties 2/
Deposits
Time
2/
U.S.
Treasury
bills and
certifi
cates
Payable
in
Other
foreign
short
cur
term
rencies
liabili
ties 2/
1957...
1958...
13,641
3,059
4,246
612
2,737
158
518
1,766
278
209
59
14,615
3,511
4,392
762
3,017
312
1,951
306
1959...
1960...
16,231
17,260
2,834
5,738
582
740
1,833
59
77
6,193
982
3.389
3.389
6,412
6,412
46
46
43
43
233
230
230
1962 y
3,261
3,234
1,402
2,451
7,759
7,759
7,548
83
83
490
490
352
352
95
95
1963...
*9,908
119,874
21,330
1.092
1.092
928
922
1,849
1.976
1.977
2,096
2,096
113
1961 2/
(l8,699
118,781
419
402
420
295
148
174
270
3,038
3,369
4,210
131
492
1,036
30
704
1,493
966
2,820
2,816
2,862
7,554
7,554
7,186
142
142
1,039
1,077
1,523
1,531
1,257
1,271
119
72
72
469
502
503
104
118
90
113
137
137
1,406
1,574
1,842
1,848
1.513
1.513
129
129
30
1,927
1,973
2,621
1.693
1.693
1,797
1,594
1.819
1.819
2,052
2,054
20
20
4,658
4,644
3,202
3,197
1,709
1,711
2,199
1,811
1,935
1,688
1,688
1,886
1,895
2,130
1,660
6,9954/ 1,660
2,872
2,685
2,504
2,223
76
4,854
4,917
4.678
4.678
48
48
4,102
838
5,006
5,027
967
967
900
1964 y
123,849
^23,900
1965.
24,072
1.591
1.591
1,535
1966 y
26,343
26,219
1.679
1.679
2,612
2,668
6,316
6,316
1,483
1,361
1,360
517
517
4,941
6,795
6,636
/29,370
<29,232
2.054
2.054
2,462
2,458
7,985
7,985
1,380
1,378
152
152
7,933
7,763
30,234
2,149
1,899
5,486
1,321
1969 y
(38,631
V38,786
1,918
1,930
2,951
2,942
3,844
3,844
2,139
2,158
463
202
202
10,374
16,745
16,756
1970 y
(40,499
40,541
53,632
53,662
1.652
1.652
2,554
2,554
13,367
13,367
1,612
1,612
148
148
12,376
12,385
1,620
2,504
32,311
1 ,3274/ 2,039 4/ 32,311
3,086
3,177
158
7,047
165 5/ 3,400 V
50,674
51,160
52,279
52,198
1,264
1,450
1,231
1,263
26,674
27,855
28,982
30,071
3,286
3,226
3,231
3,313
421
158
158
158
32,311
32,311
3,086
3,177
158
7,047
165 5/ 3,400 4 /
850
320 4/
33.046
34,092
34,548
32.047
31,209
31,573
32,655
33,499
3,161
3,204
2,995
2,998
2.871
2.871
166
167
167
167
167
167
3,077
3,230
170
171
335
349
359
352
307
310
286
337
(
1967 y
1968...
1971 y
4/.
1971-Aug...
Sept..
Oct...
Nov...
Dec. j/\
1972-Jan..
Feb..
Mar..
Apr..
May..
June ..
632
662
54,515
55,864
56,267
55,014
54v 560
56,150
July p 56,036
Aug. p 571,573
2,371
2,392
2,465
2,465
1,620
2,504
1 ,32 7 4/ 2,039 U
1,185
1,099
1,128
1,246
1,224
1,536
1,521
1,308
2,024
2,119
2,148
2,270
2,379
2,469
2,377
2,412
*1,259
1,259
6,284
7,486
8,845
7,871
3,183
3,121
3,093
3,372
3,569
3,797
3,877
3,555
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 liabilities."
1/ Data on the, two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to;those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
4/ Da'ta on the second line differ from those on the first line because
those liabilities of U.S. banks to their foreign branches and those
liabilities of U.S. agencies and branches of foreign banks to their
1,249
1,243
1.142
1.142
1,273
1,988
1,999
1,326
1,354
850
320 4/
665
739
786
879
14
14
2,769
1,286
120
9
149
149
116
116
104
104
87
332
83
83
329
329
59
93
72
81
81
302
292
77
77
362
107
107
312
312
173
226
226
325
325
220
220
1,663
1,666
131
131
96
96
274
271
228
228
1,684
1,577
1,705
1,680
1,787
1,712
1,660
1,670
87
85
89
87
280
272
281
296
230
239
222
213
2,130
6,995 4/
1,660
1,660
1,663
1,666
96
274
271
228
228
7,382
7,593
7,658
8,379
8,609
8,968
1,703
1,714
1,682
1,756
1,693
1,800
116
99
102
7,636
8,725
1,821
1,702
1,660
1,699
1,735
1,682
1,781
1,814
1,821
1,851
285
299
299
318
328
409
402
425
267
306
349
327
333
353
309
284
81
77
head offices and foreign branches which were previously reported as
deposits are included in "Other short-term liabilities"; certain
accounts previously classified as "official institutions" are included
with "banks"; and a number of reporting banks are included in the series
for the first time.
5/ Second line includes $7 million increase m dollar value of foreign
currency obligations revalued to reflect market exchange rates as of
December 31, 1971.
Preliminary.
Treasury Bulletin
92
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
1957..........................
1958..........................
1959..........................
1960..........................
1961..........................
1962 5/.......................
742
752
1,031
1,442
1,317
f
2,050
^ 2,084
Nonmonetary international and regional organizations 2/
IMF gold
investment:
U.S. Treasury
bills and
certificates 1/
Deposits
Time 2/
Demand
200
200
500
691 4 /
613 4/
50
209
76
219
354
490
343
449
532
294 ,
I
1
800
800
U.S. Treasury
bills and
certificates
540
5<S8
Other
short-term
liabilities 2/
2
■*
6
55
572
572
138
145
739 4/
800
800
800
70
66
42
56
384
207
200
139
215
231
170
212
138
314
266
173
1,287
\ 1,273
800
800
67
67
124
120
178
178
118
107
1968..........................
1969..........................
1970..........................
1,483
1,413
1,221
800
800
400
68
62
69
394
244
211
108
224
381
1971 5/.......................
f 1,772
\ 1,767
400
400
73
73
113
83
159
192
192
211
211
896
892
1971-Aug......................
Sept......................
Oct......................
Nov............ ..........
1,742
1,718
1,667
1,701
400
400
400
400
61
92
78
69
202
212
177
205
269
147
169
157
810
867
843
870
Dec. 5/...................
f 1,772
\JL,767
400
400
192
192
211
211
896
892
1,923
1,462
1,388
1,275
1,265
1,315
400
73
73
86
85
88
87
84
85
101
65
200
I64
186
195
183
237
338
295
275
177
198
212
899
918
839
817
800
782
261
266
142
172
761
818
1963..........................
1964..........................
1965..'........................
1966..........................
1967 5/.......................
1972-Jan......................
Feb......................
Mar......................
Apr......................
May......................
June. .....................
July p....................
Aug. p....................
1,547
1,618
1,479
1 ,381
f
1,265
1,321
-
1
1
!
-
-
-
1/ Short-term U.S. Government obligations at cost value, and deposits
awaiting investment (less than $500,000 on all date-s shown), obtained
from proceeds of sales of gold by the International Monetary Fund to
the United States to acquire income-earning assets. Upon termination
of investment, the same quantity of gold was reacquired "by the In
ternational Monetary Fund.
2/ Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank; excludes Bank for Interna
tional Settlements and European Fund. Includes difference between
cost value and face value of securities in IMF gold investment account
($14- million at end 1971).
j/
Time deposits exclude negotiable time certificates of deposit, which are
included in "Other short-term liabilities."
In addition, IMF gold investment included investments in U.S. Government
bonds and notes which amounted to $109 million at end I960, $187 million
at end 1961, and $61 million at end 1963.
_5/ Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first 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.
* Less than $500,000.
ij
October 1972
93
_________________________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
1972
Country
1970 1/
1969
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.........
314
531
153
120
1,581
1,381
207
627
463
341
309
202
412
2,005
28
11,349
37
1,553
11
50
185
597
189
117
2,267
7,520
184
1,330
762
324
274
198
503
1,948
46
5,509
37
594
15
54
Mar.
1971 1/
257
888
191
140
3,103
7,670
147
1,572
823
674
267
183
964
2,935
42
8,089
54
1,416
9
58
Apr.
May
June
July p
Aug. p
Total Europe...............
21,675
22,653
185
597
189
117
2,267
7,520
184
1,330
762
324
274
198
503
1,948
46
5,504
37
594
15
54
22,648
27,503
254
701
168
160
3,150
6,596
170
1,888
270
685
, 303
203
792
3,249
68
7,379
34
1,391
14
53
27,530
Canada.......................
4,012
4,019
4,056
3,441
3,441
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics.,
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
416
459
400
261
7
849
140
240
111
691
576
1,405
80
34
5,670
539
346
266
247
7
821
147
225
118
735
620
745
98
39
4,952
539
346
266
247
7
821
147
225
118
735
620
745
98
39
4,952
441
342
191
188
6
709
154
164
108
963
656
656
87
36
4,702
441
342
191
188
6
715
154
164
108
963
655
656
87
37
4,708
163
6
659
156
174
124
740
649
307
81
37
507
543
132
I84
7
668
155
174
118
851
695
444
87
29
4,223
4,593
4,714
459
628
136
190
7
733
154
179
117
919
669
486
94
40
4,809
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel......................
Japan......................
Korea......................
Philippines.................
Taiwan......................
Thailand....................
Other Asia..................
36
213
260
86
146
3,809
236
201
196
628
606
33
258
302
73
135
5,150
199
285
275
508
708
39
306
116
90
143
14,808
204
268
320
120
717
39
311
105
113
140
14,096
198
346
383
177
706
7,926
16,429
17,131
39
299
102
89
145
14,902
178
294
338
170
714
17,267
38
328
104
87
148
14,017
196
337
365
174
729
6,417
39
312
89
63
150
14,294
201
304
258
126
595
16,432
39
312
89
63
150
14,295
196
306
258
126
595
Total Asia..................
33
258
302
73
135
5,150
199
285
275
508
717
7,936
16,525
16,613
87
21
66
23
505
701
14
11
83
17
395
521
14
11
83
17
395
521
12
9
78
24
474
597
12
9
78
24
474
597
22
9
70
13
526
282
29
389
39
428
389
39
428
916
42
957
916
42
957
53,662
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Total Africa................
Other countries:
Australia...................
All other...................
Total other countries........
311
254
701
168
160
3,150
6,596
170
1,888
271
685
303
203
791
3,248
68
7,374
34
1,369
14
53
29,483
276
866
218
151
3,043
5,482
163
1,627
878
655
279
219
981
2,942
36
7,954
94
1,391
9
56
27,321
283
864
203
131
3,027
5,500
159
1, 572
861
669
284
206
1,010
2,709
40
7,954
88
1,388
13
58
27,021
254
962
215
148
3,514
6,483
179
1,375
847
654
269
231
1,044
2,626
44
7,914
90
1,367
10
68
28,293
261
1,159
216
176
4,324
6,601
168
1,424
1,488
769
290
222
1,036
3,623
55
4,945
87
1,389
18
58
28,310
272
1 188
’ 209
165
4,317
6,459
165
1,615
1,514
892
334
192
1,033
3,493
59
5,893
102
1,401
10
57
29, 370
3,486
3,722
4,146
3,966
3,727
3,660
541
449
465
576
134
190
6
761
185
167
122
873
661
440
91
43
457
620
136
196
6
788
165
178
121
831
671
384
88
47
4,688
500
550
136
212
6
695
154
178
136
865
701
416
83
45
4,676
39
341
122
98
128
13,963
206
345
426
120
733
16,521
lj>7
14
11
79
15
542
661
16
8
70
18
522
18
11
76
19
608
635
731
1,304
1,405
43
1,448
1,482
39
1,520
56,267
55,014
640
1,257
47
39
325
105
117
119
14,155
235
364
502
141
..802—
16,904
15
9
65
19
622
27
11
92
17
620
768
729
1,692
45
1,737
1,977
45
2,187
Z.7
2,022
2,234
54,560
56,150
56,036
57,573
v
Total foreign countries........
38,786
40,499
40,541
53,632
International and regional......
International...............
European regional............
Latin American regional.......
Asian regional..............
African regional.............
1,261
6
100
46
*
975
17
131
93
5
975
17
131
93
5
1,332
8
298
129
5
1,327
8
298
129
5
941
14
?Q1
129
4
808
5
333
126
4
802
11
329
119
4
819
10
347
135
4
793
27
300
142
4
Total international and regional
1,413
1,221
1,221
1,772
1,767
1,388
1,275
1,265
1,315
1,265
831
8
335
143
4
1,321
Grand total...................
40,199
41,719
41,761
55,404
55,430
57,656
56,289
55,825
57,465
57,301
58,894
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
*
p
Less than $500 000.
Preliminary,
Treasury Bulletin
94
___________________________ CAPITAL M OVEM ENTS________________________________
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 August 31, 1972
Preliminary
(Position in millions of dollars)
Short-term liabilities payable in dollars
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
short
term
liabilities
To foreign banks and official institutions
Total
U.S.
Treasury
Deposits 1/ bills and
certif
icates
Other 1/
Short-term
liabilities
payable
U.S.
in
Treasury
Deposits 1/ bills and Other 1/ foreign
currencies
certif
icates
To all other foreigners
Total
6
39
10
6
65
68
32
41
44
34
17
73
10
91
4
275
4
14
*
2
5
32
10
6
62
60
31
38
32
33
16
64
10
75
4
163
4
14
*
2
19,915
60
197
9
67
240
135
33
120
64
493
6
16
26
678
*
1,925
2
1,030
1
9
5,110
834
1,235
1,620
332
80
417
15
62
1
235
23
120
38
525
214
64
12
1
38
5
32
_
1
47
•*
1
_
24
53
8
4
*
99
21
11
3
22
80
147
4
2
358
75
114
114
5
358
108
46
95
317
359
202
67
42
1,806
123
477
2,259
355
72
113
112
5
330
94
46
90
316
340
94
39
41
2,047
33
195
87
104
102
14,090
228
277
402
129
705
16,353
23
63
22
34
57
427
138
205
238
67
389
1,663
_
19
7
2
9,947
134
31
65
10,204
10
132
46
63
43
3,716
90
72
30
31
251
4,485
6
129
10
13
17
61
7
87
99
12
93
533
15
9
65
19
622
12
7
55
17
572
9
6
44
15
166
3
2
1
399
•*
1
9
*
7
Total Africa..................
729
662
241
405
u uiiOP counxr tes\
Australia.....................
All other.....................
2,187
47
2,175
35
325
15
2,234
2,210
57,573
53,074
272
1,188
209
165
4,317
6,459
165
1,615
1,514
892
334
192
1,033
3,493
59
5,893
102
1,401
10
57
265
1,147
198
159
4,244
6,369
134
1,547
1,468
856
316
118
1,022
3,350
55
5,597
98
1,216
10
55
38
95
54
68
229
377
85
431
329
134
253
102
124
336
55
247
35
154
9
45
166
855
135
24
3,775
5,858
15
996
1,076
229
58
. 872
2,336
3,426
61
32
1
Total Europe..................
29,370
28,224
3,199
Canada.........................
3,660
3,219
363
500
550
136
212
6
695
154
178
136
865
701
416
83
45
4,676
142
475
22
97
1
335
44
132
41
547
341
211
16
3
2,406
39
325
105
117
119
14,155
235
364
502
141
802
16,904
Latin America:
Argentina.....................
Brazil.......................
Chile........................
Colombia......................
Cuba.........................
Mexico.......................
Panama.......................
Peru.........................
Uruguay......................
Venezuela.....................
Other Latin American Republics....
Bahamas and Bermuda............
Netherlands Antilles and Surinam..
Other Latin America............
Total Latin America............
Asia:
China Mainland................
Hong Kong.....................
India........................
Indonesia.....................
Israel.......................
Japan........................
Korea........................
Philippines...................
Taiwan.......................
Thailand......................
Other Asia....................
Total Asia....................
Africa:
Congo (Kinshasa)...............
Morocco......................
South Africa..................
United Arab Republic (Egypt)....
Other Africa.. ...............
Total other countries..........
International and regional:
International.................
European regional..............
Latin American regional........
Asian regional................
African regional..............
Total international and regional..
Grand total.....................
1/
*
831
8
335
143
4.
1,321
831
8
335
143
4
1,321
58,894
,5,4,394
*
3
-*
1
2
•*
1
9
•*
*
*
2
*
13
¥r
1
2
■*
■X
8
22
*
27
2
2
1
1
1
52
*
3
1
*
3
6
*
2
2
*
•*
9
*
14
*
99
■*
*
•*
661
33
141
171
312
262
12
57
109
*
*
■*
*•
3
3
*■
*
-*
13
4
3
1
1
24
10
*
5
1
19
107
16
*•
-*
■*
*
1
3
3
•*
20
192
11
6
122
9
13
16
47
6
84
96
12
91
502
_
*
_
*
1
*
•*
*
2
7
*•
*
1
12
2
3
3
•*
2
30
_
*■
9
4
**
*
4
17
2
2
6
2
51
2
2
6
2
48
*•
*
*
2
4
■*
17
63
60
*
3
4
1,623
-
227
19
11
11
11
10
-*
*
2
1
1
340
1,623
246
22
20
*
2
2
7,613
33,506
11,955
4,044
3,553
66
425
455
-X
-
-
21
-
*
■*
3
_
■*
202
8
35
83
4 ..
135
495
*
31
6
_
269
54
■*
_
*
■*
_
*■
_
_
_
_
_
_
_
_
_
...331.,,..
171
818
■*
*
-
-
-
33,677
12,773
4,044
3,553
7,944
Deposits exlcude negotiable time certificates of deposit, which are included in "Other” short-term liabilities.
Less than $500,000.
66
425
455
October 1972
95
.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 of period in millions of dollars)
Calendar year
Apr.
1971
Dec.
1971
7
10
29
1/
3
6
2
11
16
1/
5
6
5
2
3
23
10
2
1
5
2
4
21
7
3
4
14
2
5
20
6
2
3
7
2
3
27
41
99
79
75
100
2
16
34
19
59
16
10
59
43
90
72
80
97
2
19
44
19
47
15
14
55
62
123
57
78
117
6
18
42
19
50
17
10
53
70
91
62
83
123
n.a.
23
50
32
66
17
15
3
32
1
4
23
2
Country
1967
"Other Western Europe"
Cyprus............................ .
Iceland............................ .
Ireland, Republic of............. ....
Luxembourg......................... .
Malta.............................
Monaco............................
"Other Eastern Europe"
Bulgaria........................... .
Czechoslovakia.......................
Estonia.............................
Hungary.............................
Poland............................ .
Rumania.............................
Soviet Zone of Germany................
2
4
9
31
1
4
1968
24
1/
6
4
1969
11
9
38
1/
5
4
1970
10
10
41
1/
3
Apr.
1972
15
1/
2
2
5
2
3
19
5
4
2
2
19
7
2
3
16
"O.ther Latin American Republics"
Bolivia.............................
Costa Rica......................... .
Dominican Republic.................. .
Ecuador.............................
El Salvador........................ .
Guatemala.......... ............... .
Guyana (British Guiana).............. .
Haiti............................. .
Honduras........................... .
Jamaica.............................
Nicaragua.......................... .
Paraguay........................... .
Trinidad and Tobago................. .
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
"Other Latin America"
British Honduras.................... .
British West Indies................. .
French West Indies and French Guiana....,
2
14
2
2
25
2
2
30
2
3
33
2
2
38
6
"Other Asia"
Afghanistan........................ .
Bahrain.............................
Burma............................. .
Cambodia........................... .
Ceylon............................ .
Iran.............................. .
Iraq.............................. .
Jordan............................ .
Kuwait............................ .
Laos.............................. .
Lebanon.............................
Malaysia........................... .
Nepal............................. .
Oman (Muscat and Oman).............. .
Pakistan............................
Qatar............................. .
Ryukyu Islands (including Okinawa).... .
Saudi Arabia.......................
Singapore.......................... .
Syria............................. .
United Arab Emirates (Trucial States) 2/,
Viet Nam........................... .
Yemen (Aden)....................... .
5
13
11
2
5
50
35
40
37
4
113
64
15
1
55
1
14
61
160
6
4
148
8
17
5
2
4
41
86
3
67
3
78
52
13
6
60
5
17
29
67
2
5
51
1
16
22
2
1
3
35
26
17
46
3
83
30
17
6
35
4
25
106
17
4
4
94
2
26
32
4
2
4
32
11
14
54
5
54
22
19
1
38
6
18
106
57
7
5
179
3
15
34
3
2
4
50
7
3
36
2
60
29
18
7
27
1
39
41
43
3
6
161
4
"Other Africa"
Algeria.............................
Ethiopia (including Eritrea)......... .
F.T.A.I. (French Somaliland).........
Ghana.............................
Ivory Coast........................
Kenya.............................
Liberia............................
Libya.............................
Mozambique.........................
Nigeria............................
"Portuguese West Africa"............. .
Southern Rhodesia...................
Sudan.............................
Tanzania...........................
Tunisia...........................
Uganda............................
Zambia............................
7
24
2
4
2
16
25
18
4
38
10
2
2
20
10
1
14
20
1
10
4
43
23
288
6
11
9
2
3
10
6
5
20
17
19
25
13
1
3
3
29
25
69
3
20
6
1
5
21
7
6
25
3
38
22
195
7
17
8
1
1
9
7
8
10
13
12
1
6
4
13
21
91
7
25
9
2
1
10
6
5
14
23
11
1
8
2
9
23
274
6
46
13
2
1
6
9
3
13
n.a.
9
2
n.a.
6
7
n.a.
n.a.
"Other Countries"
New Zealand........................
17
17
16
25
22
23
27
Note: Data represent a partial breakdown of the amounts shown for the cor
responding dates for the "Other" categories in the regular monthly
series in the "Treasury Bulletin."
19
21
10
5
4
59
10
2
20
3
46
23
16
4
33
1
29
79
35
4
5 2/
159
3
1/ Included with Belgium (see Section I, Table CM-I-3).
2/ Beginning December 31, 1971 excludes Ras al Khaymah.
n.a. Not available.
* Less than $500,000.
17
n.a.
5
2
6
88
n.a.
2
16
3
60
25
15
n.a.
58
1
n.a.
80
45
6
5
185
2
31
29
1
11
2
14
25
Treasury Bulletin
96
CAPITAL MOVEMENTS
Section I - Liabilities to Foreigners Reported by Banks in the United States
Table CM-I-6. - Long-Term Liabilities by Type
(In millions of dollars)
Payable in dollars
End of
calendar year
or month
Foreign countries
Total
long-term
liabilities
Total 1/
Official
institutions
Banks
Other
foreigners
International
and regional
_
Payable in
foreign
currencies
10
2
1
7
2
7
69
310
513
1,494
10
2
1
7
2
7
28
204
203
988
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
42
106
311
506
f 2,546
\J2,560
1,858
1,863
1,807
1,807
35
40
689
698
1968......................
1969......................
1970.......................
3,166
2,490
1,703
902
2,389
1,600
913
437
2,341
1,505
695
144
15
15
8
55
165
237
40
40
53
56
777
889
789
446
_
_
1
1
20
1971-Aug...................
Sept............... .
Oct...................
Nov....................
Dec.................
895
885
942
917
902
415
405
432
445
437
190
189
216
217
237
53
55
57
59
56
480
480
490
452
446
-X*
20
20
20
1972-Jan...................
Feb...................
Mar...................
Apr.... „..............
May ...................
989
1,026
1,088
1,106
1,154
1,169
429
447
436
432
444
455
172
161
159
170
144
138
137
127
120
129
127
233
231
232
232
232
246
58
79
80
83
82
21
21
21
21
21
21
1,156
1,094
446
422
117
88
248
248
81
86
540
558
632
654
689
694
689
651
1957......................
1958......................
1959......................
I960......................
1961......................
1962......................
1963......................
1964......................
1965......................
1966......................
1967 2/
July p................
Aug. p................
1/ Dollar-foreign currency breakdown not available prior to 1966; amounts
reported for earlier dates assumed to have been payable in dollars.
2/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures- on the first line are comparable in
*
p
78
-
_
_
_
-
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
-
21
21
coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date.
Less than $500,000.
n.a.
Not available,
Preliminary.
October 1972
97
.CAPITAL M O VEM 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)
Calendar year
1972
Country
1968
Europe:
Austria.....................
Belgium-Luxembourg...........
Denmark.....................
Finland.....................
France.....................
Germany.....................
Greece.....................
Italy......................
Netherlands.................
Norway.....................
Portugal....................
Spain....,..................
Sweden.....................
Switzerland.................
Turkey....................
United Kingdom..............
Yugoslavia..................
Other Western Europe.........
U.S.S.R.....................
Other Eastern Europe.........
1
*
*
*
2
11
■x*
■x■x1
-
2
*
*
-x*
-
1969
1970
*
*
-x*
*
-*
*
-x1
■x5
*
46
*
*
-
14
*
1
110
1
1
2
*
1
1
-
4
-x42
*
*
*
1971
*
8
*
6
164
*
1
*
*
*
1
*
2
*
52
*
11
-
Mar.
-*
10
-
*
6
165
-x1
•x*
*
1
*
1
*
67
*
10
262
Apr.
*
13
May
*
12
-
June
*
12
*6
165
■x
*
*
-X
•X
1
*
4
*
66
*
10
-
10
-
264
Aug. p
*
12
■x6
165
■X
1
*
*
*
1
*
4
*
66
*
9
-
*
6
165
•x1
*
*
•x1
*
5
*
68
*
9
_
*
10
3
*
6
165
*
1
-X
*
*
1
*
4
*
68
*
9
-
-
*
6
165
*
1
*
■x*
1
*
1
*
67
*
July p
-
_
Total Europe................
18
54
178
246
266
265
266
267
Canada.......................
1
*
3
4
7
6
5
5
5
5
Latin America:
Argentina...................
Brazil.....................
Chile......................
Colombia....................
Cuba.......................
Mexico.....................
Panama.....................
Peru.......................
Uruguay.....................
Venezuela................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
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
*
*
2
1
1
1
31
1
*
*
31
4
39
*
*
2
*
1
1
*
24
1
*
*
31
3
39
*
*
2
1
2
1
*
24
1
2
*
1
1
*
24
1
■x*
31
18
39
*
-X
2
*
1
1
_
24
1
*
*
32
18
55
*
*
2
*
1
1
_
25
1
*
■x31
19
55
*
*
Total Latin America..........
152
111
103
105
541
239
Asia:
China Mainland..............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
1
*
241
658
88
67
43
201
451
_
2
-x*
41
655
72
70
48
70
278
Total Asia..................
1,751
Africa:
Congo (Kinshasa).............
Morocco....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
_
•x-
1,237
_
*
*
6
385
47
12
42
8
21
522
_
¥
_
•*
■*
*
6
3
6
_
¥r
*
31
3
39
*
*
_
*
■x*
5
■*
6
119
135
136
*
*
*
5
*
6
3
7
*
36
*
*
*
5
*
6
3
7
58
34
*
37
*
*
■*
6
*
6
4
19
*
36
13
*
36
*
*
*
5
*
6
4
8
*
36
90
72
66
61
n
L
26.48
3
1
2
1
_
26
1
*
*
28
19
55
■x*
135
*
1
*
5
-x
6
4
■X■X7
24
_
1
■*
•x■x-
*
*
•x•x-
1
1
1
68
10
67
2
59
4
11
*
*
11
■x-
14
*
Total other countries........
78
69
59
4
11
11
14
11
11
11
Total foreign countries........
2,389
1,601
914
457
456
453
465
476
467
443
Total Africa............ .
Other countries:
Australia...................
All other...................
*
*
-
*
*
*
-x-
*
*
*
-x
*
*
-X
*
•*
*
*
■*
*
*
•X
1
1
1
1
1
1
1
1
1
1
1
1
1
1
11
11
11
*
*
*
*
*
-X
International and regional:
International..............
Euopean regional............
Latin American regional......
Asian regional..............
432
557
490
351
551
578
606
612
609
572
314
31
287
45
264
35
57
38
43
38
37
39
45
39
45
38
45
36
45
3L
Total international and regional
777
889
789
446
632
654
689
694
689
651
3,166
2,490
1,703
902
1,088
1,106
1,154
1,169
1,156
1,094
Grand total..................
* Less than $500,000.
p Preliminary.
.
98
Treasury Bulletin
CAPITAL MOVEMENTS
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-1. - Short-Term Claims by Type
(In millions of dollars)
Payable in dollars
Loans
End of
calendar
year
or month
Total
short
term
claims
1957........
2,199
2,052
1958........
2,542
2,344
1,268
1959........
2,599
2,407
1,309
1960........
3,594
3,135
1,297
290
f 4,719
\ 4,777
4,177
4,234
1,646
1,660
5,101
4,606
1961 1/
1962........
1963........
1Qh,/ '1/
1Q65 1/
1qAA 1 /
1QA7 1 /
5,887
f^ 7,957
7,411
f^ 7,735
7,632
f\ 7,853
7,819
ft 8,606
8,583
Total
Total
Official
insti
tutions
Banks
Payable in foreign currencies
Collec
tions
out
standing
for
Other
account
of
for
eigners reporting
banks and
domestic
customers
Accept
ances
made for
account
of for
eigners
Other
short
term
claims
Total
Deposits
of
reporting
banks and
domestic
customers
with for
eigners
Foreign
government
obligations
and
commercial
and
finance
paper
386
303
423
699
147
132
1:5
401
439
428
421
656
198
181
16
351
, 498
460
516
582
192
178
15
524
482
605
1,233
460
222
238
329
329
699
709
618
622
694
700
1,837
1,874
543
543
342
343
200
200
1,953
359
953
642
686
1,967
495
309
I816
930
242
Other
short
term
claims
5,344
1,915
186
955
774
832
2,214
384
543
343
157
42
6,810
7,333
2,652
2,773
223
221
1,374
1,403
1,055
1,150
1,007
1,135
2,600
2,621
552
803
601
624
342
336
182
187
77
102
7,158
7,?43
2,968
2,970
271
271
1,566
1,567
1,130
1,132
1,268
1,272
2,501
2,508
422
492
474
492
325
329
54
68
95
96
7,399
7,433
3,139
3,141
256
256
1,739
1,739
1,143
1,145
1,367
1,288
2,450
2,540
443
464
420
420
240
241
70
70
110
110
8,158
8,182
3,137
3,150
306
306
1,603
1,616
1,228
1,228
1,511
1,552
3,013
3,013
498
467
425
425
287
287
74
70
63
67
8,261
3,165
247
1,697
1,221
1,733
2,854
509
450
336
40
73
^ 9,680
9,063
9,165
3,281
3,278
262
262
1,946
1,943
1,073
1,073
1,954
2,015
3,169
3,202
658
670
352
352
84
89
79
74
1970........
10,802
10,192
3,051
119
1,720
1,212
2,389
3,985
766
516
516
610
352
92
166
IQ1
?
! _1!// _0£//....
Ly
(-L
fl3,170
\13,192
12,328
12,3 Si
4,503
223
3,970 ,2/ 224
1,667
2,613
2,080 2!/ 1,666
2,475
2,475
4,243
4,254
1,107
1,652 .2/
842
841
549
548
119
119
174
174
1971-Aug....
Sept...
Oct....
Nov....
12,441
11,870
11,289
11,920
ll, 810
11,225
10,668
11,276
4,290
3,831
3,516
4,024
191
188
135
169
2,682
2,236
2,056
2,429
1,417
1,406
1,325
1,426
2,357
2,372
2,307
2,306
4,157
4,049
3,864
3,897
1,006
974
982
1,050
495
453
406
457
46
104
111 *
89
90
88
103
99
A3,170
U3,192
223
4,503
3,970 2/ 224
2,613
2,080
1,667
2\J 1,666
2,475
2,475
13,043
13,520
13,948
13,712
13,376
13,480
12,328
12,351
12,298
12,733
13,048
12,991
12,616
12,722
209
198
167
163
169
162
2,053
2,055
2,141
2,354
2,516
2,589
1,613
1,774
1,870
1,939
1,922
2,022
2,473
2,430
2,476
2,469
2,541
2,650
1,107
1,652 i /
1,716
1,882
1,983
1,815
1,631
1,817
13,294
13,277
161
150
2,794
2,725
2,107
2,119
2,705
2,812
549
548
501
562
579
498
530
477
510
482
119
119
139
127
183
112
112
148
14,107
14,137
3,875
4,027
4,179
4,455
4,608
4,773
5,062
4,993
4,243
4,254
4,234
4,394
4,410
4,252
3,837
3,483
3,227
3,081
631
645
620
644
842
174
174
104
98
138
111
118
133
115
126
1968........
1Qf\Q 1 /
Dec. JL/ 2/
1972-Jan....
Feb....
Mar....
Apr....
May....
June...
July p...
Aug. p...
8,711
f 9,578
1/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
2/ Data on the second line differ from those on the first line because
those claims of U.S. banks on their foreign branches and those claims
2,301
2,391
841
744
787
900
721
760
758
813
860
187
252
of U.S. agencies and branches of foreign banks on their head offices
and foreign branches which were previously reported as loans are
included in "other short-term claims"; and a number of reporting banks
are included in the series for the first time.
p
Preliminaiy.
October 1972
99
_______________________ CAPITAL M OVEM ENTS__________________________
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)
1972
Calendar year
Country
1969
1971 1/
1970
■
Mar.
Apr.
May
June
15
73
52
126
321
315
24
201
117
64
21
141
95
147
3
564
26
24
57
43
2,430
16
73
50
124
311
286
25
202
103
71
25
156
114
133
3
756
23
23
62
44
2,599
33
66
63
128
354
229
27
196
108
56
21
160
120
137
4
672
21
25
64
40
2,525
July p
Aug. p
Europe:
11
57
49
135
267
235
30
159
105
67
12
70
118
145
3
563
19
12
28
37
11
57
49
135
268
235
30
161
105
67
12
70
118
145
3
563
19
12
28
37
11
78
55
138
342
258
29
230
117
73
14
105
130
164
3
559
25
17
47
51
12
66
52
137
273
239
28
213
105
72
13
135
128
138
3
537
24
17
70
42
1,454
6
50
40
66
113
186
26
101
61
54
11
52
97
100
9
379
35
13
3
45
1,449
2,122
2,124
2,445
2,303
13
72
54
132
295
231
30
231
101
65
24
149
132
193
3
539
27
19
65
43
2,417
826
1,043
1,530
1,530
1,942
1,831
1,697
1,737
2,088
2,221
309
317
188
225
14
803
82
161
48
240
295
93
14
27
326
325
200
284
13
909
112
147
63
283
342
196
19
22
305
435
139
380
13
936
125
176
41
268
374
262
18
26
316
482
106
376
13
1,006
116
155
41
278
352
300
16
20
304
511
108
379
13
1,095
110
163
38
311
376
278
15
27
325
551
78
404
13
1,152
131
160
35
2,816
3,239
3,490
3,496
3,577
3,727
316
544
94
394
13
1,037
121
177
38
299
359
265
16
24
3,697
323
568
77
395
13
1,177
132
157
38
333
357
375
16
22
3,982
339
602
71
384
13
1,160
137
158
40
343
355
420
16
29
4,066
Other Asia..................
1
36
10
30
108
3,432
158
215
49
101
212
2
39
13
56
120
3,890
178
137
95
109
167
1
68
21
41
129
4,279
348
136
109
164
252
1
70
21
41
129
4,280
348
138
109
173
252
2
99
18
39
84
3,980
399
137
172
203
210
2
107
16
49
81
3,685
377
138
180
193
199
2
111
16
45
78
3, 57'2
346
138
182
184
221
Total Asia..................
4,352
4,807
5,548
5,561
2
90
17
37
98
4,116
403
149
156
201
232
5,502
5,343
5,028
4, 894
2
100
14
44
101
3,544
344
143
178
173
245
4,887
2
85
17
60
87
3,486
342
144
173
187
230
4,813
6
3
55
11
86
21
4
156
10
99
13
3
147
11
104
278
19
4
161
11
129
301
324
14
4
160
16
124
318
12
4
149
14
121
300
12
4
142
12
114
291
21
4
158
10
99
292
15
4
152
10
120
162
4
6
77
13
79
180
53
16
64
16
Total other countries........
69
80
158
28
186
158
28
186
165
35
200
169
34
203
175
31
206
176
34
211
210
38
248
184
41
225
Total foreign countries........
9,678
10,798
13,167
13,189
13,944
13,709
13,370
13,476
14,1^4
14,134
4
7
4
3
3
13,948
13,376
13,480
14,107
14,137
Belgium-Luxembourg...........
Denmark.....................
Italy......................
Netherlands.................
Norway.....................
Portugal....................
Other Western Europe.........
Other Eastern Europe.........
Latin America:
Argentina...................
Chile......................
Peru.......................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
Asia:
China Mainland...............
Israel.....................
Japan......................
Africa:
Congo (Kinshasa).............
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Total Africa................
7
56
40
68
107
205
22
120
51
34
8
70
67
99
19
408
28
9
2
34
305
429139
380
13
936
125
176
41
268
374
262
18
25
314
366
317
16
25
3,887
283
Other countries:
International and regional......
2
3
3
3
9,680
10,802
13,170
13,192
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
*
p
'■■■" 3"
13,712
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
Treasury Bulletin
100
PAPTTAT. MOVEMENTS______________________________
Section II - Claims on Foreigners Reported by Banks in the United States
Table CM-II-3. - Short-Term Claims, by Type and Country, as of August 31, 1972
Preliminary
(Position in millions of dollars)
Short-term claims payable in dollars
Loans
Country
Total
short term
claims
Total
Europe:
Foreign
hanks and
Total official
Other
institutions
Short-term claims payable
in foreign currencies
Accept Collections
outstanding ances
for account made for
account
of report
Other
ing banks
of
and domestic foreign
customers
ers
*
*
25
92
10
25
4
8
6
28
6
18
21
1
*
81
1
1
*
4
15
7
6
41
31
18
29
25
5
6
26
9
14
3
75
1
9
6
5
655
324
677
319
338
600
71
384
13
1,137
137
158
40
334
354
414
176
367
34
197
16
29
33
66
63
128
354
229
27
196
108
56
21
160
120
137
4
672
21
25
64
40
32
56
61
127
309
161
26
185
88
54
20
156
114
102
4
614
19
22
64
40
2
32
26
28
56
90
3
121
45
20
6
110
83
71
1
I84
15
10
58
18
2
22
20
24
34
46
2
108
20
13
3
47
70
23
■*
128
11
5
58
18
*
10
6
4
23
45
1
13
25
7
3
62
13
48
■X
56
4
5
2, 525
2,253
979
2 , 221
1,764
339
602
71
384
13
1,160
137
158
40
343
355
420
Deposits of
reporting
banks and
Total domestic
customers
with
foreigners
14
25
9
2
1
201
15
*
27
13
1
2
2
1
16
*
273
3
2
*
3
2
10
3
1
45
68
*
11
19
2
2
4
6
35
*
58
1
3
*
-*
2
10
3
*
44
64
*
10
19
2
2
4
6
29
*
53
*
1
X
*
337
341
596
272
248
359
33
58
996
457
135
54
236
11
130
123
130
23
67
74
81
12
153
18
16
1
6
*
2
■*
*
*
1
*
*
893
95
113
16
215
118
177
436
34
86
14
19
48
93
457
61
27
2
196
70
84
70
136
24
28
13
47
13
31
9
66
104
11
145
25
12
10
42
115
4
51
3
1
6
11
17
221
23
*
*
•x9
1
6
9
*
*
1
*
5
16
29
8
7
2
1
6
6
6
18
1
2
1
2
*
*
4,066
4,024
2,417
1,164
1,254
577
676
354
Philippines................
Taiwan.....................
Thailand...................
Other Asia.................
2
85
17
60
87
3,486
342
144
173
187
230
2
82
16
60
86
3,440
342
143
,173
177
223
1
33
2
36
63
437
19
40
23
20
88
*
25
2
22
59
412
15
21
13
14
71
*
9
1
14
4
25
4
20
10
5
17
*
13
10
3
9
1,489
65
35
14
14
87
1
28
2
11
10
1,163
253
42
127
139
38
Total Asia.................
Belgium-Luxembourg..........
Yugoslavia.................
Other Western Europe.........
U.S.S.R....................
Other Eastern Europe........
Latin America:
Argentina..................
Brazil.....................
Chile.....................
Colombia...................
Cuba......................
Mexico.....................
Panama.....................
Peru......................
Uruguay....................
Venezuela..................
Other Latin American Republics.
Bahamas and Bermuda.........
Netherlands Antilles and
Surinam...................
Other Latin America.........
Total Latin America.........
Asia:
China Mainland..............
Hong Kong..................
India.....................
Indonesia..................
Israel.....................
Japan.....................
Foreign
government
obligations
and commer
cial and
finance
paper
-
-
*
*
-
_
_
_
_
•*
_
_
*
-
Other
*
1
*
1
1
4
_
1
1
*
*
*
*
6
*
5
1
3
-*
24
248
74
*
*
1
2
12
*
-*
*
7
1
1
*
*
-
-*
*
42
17
2
22
*
8
3
9
4
352
5
26
9
5
10
*
3
1
*
1
47
*
*
*
9
7
*
3
1
-*
1
45
*
*
9
7
*
*
1
*
*
1
*
*
*
*
4,813
4,744
761
653
108
1,738
1,813
433
69
67
1
Afri ca:
Congo (Kinshasa)............
Morocco....................
South Africa........ .......
United Arab Republic (Egypt)...
Other Africa...............
12
4
142
12
114
12
4
135
12
113
7
*
19
1
44
6
*
8
1
11
1
*
11
3
*
84
10
18
*1
2
1
3
*
*
7
■*
*
*
*
4
*
*
-
32
2
3
30
*
49
Total Africa...............
283
276
71
27
44
83
115
6
8
4
-
3
Other countries:
Australia..................
All other..................
184
41
173
40
72
12
52
2
19
10
28
16
69
10
5
2
11
1
10
1
-
1
*
2
*
3
*
Total other countries........
225
213
84
55
29
44
79
6
12
11
-
1
Total foreign countries........
14,134
13,273
4,990
2,872
2,118
2,812
3,081
2,391
860
482
252
126
International and regional.....
2
2
?
2
1
*-
2,119
2,812
Grand total..................
laso than $500 ,000 .
,14,137
....... ..
..
13,277
4,993
2,874,.
-
3,081
*
2,391.
_
860
_
482
_
252
_
126
October 1972
101
_______________________ CAPITAL M nvB U B M Tfl
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
Total
long-term
claims
End of
calendar year
or month
1957....................
1958....................
1959....................
I960....................
1961....................
1962....................
Loans
Official
institutions
Other
long-term
claims
Total
Total
1,174
1,362
1,545
1,698
2,034
2,160
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Banks
Other
Foreigners
Payable in
foreign
currencies
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
*
•*
1963-May 1/..............
[
2,293
\ 2,379
2,293
2,379
2,260
2,346
660
730
273
273
1,328
1,342
33
33
1963 1/.................
/ 2,837
\ 3,030
2,834
3,028
2,781
2,811
725
728
397
397
1,659
1,685
54
217
1964 1/.................
/ 3,971
\ 4,285
3,777
3,995
703
716
195
288
4, 517
4,180
3,925
3,567
3,250
3,075
3,661
4,211
3,915
3,635
3,158
2,806
2,698
3,338
793
702
669
528
502
504
575
701
729
628
512
323
237
209
236
315
2,372
2,550
1965....................
1966....................
1967....................
1968....................
1969....................
1970....................
1971.’
...................
3,971
4,283
4,508
4,162
3,909
3,552
3,232
3,050
3,638
2
2
*
1
2,790
2,702
2,642
2,393
2,096
1,958
2,448
297
247
274
394
426
352
300
9
18
15
16
18
25
22
1971 Aug................
Sept...............
Oct................
3,393
3,440
3,494
3,537
3,661
3,365
3,412
3,468
3,514
3,638
3,664
3,715
3,812
3,913
4,017
4,160
4,276
4,349
3,090
3,121
3,181
3,237
3,338
523
524 1
542
567
575
265
269
266
282
315
2,302
2,328
2,373
2,389
2,448
276
291
286
276
300
28
28
26
23
22
3,369
3,423
3,528
3,619
3,724
3,867
574
595
644
654
674
712
311
324
329
335
335
371
295
292
284
295
291
293
3,995
4,063
749
764
363
404
2,483
2,503
2,555
2,630
2,715
2,784
2,882
2,894
24
24
26
27
30
31
32
34
Dec................
1972-Jan................
Feb................
Mar................
Apr................
May................
June *..............
July p..............
Aug. p..............
3,688
3,739
3,838
3,940
4,046
4,191
4,308
4,383
1/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
n.a. Not available,
p Preliminary,
* Less than $500,000.
281
287
Treasury Bulletin
102
_______________________ CAPITAL M OVEMENTS__________________________
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)
Calendar year
1972
Country
1968
1969
1970
1971
2
35
1
47
37
32
73
14
1
72
31
64
18
5
1
68
12
12
1
18
2
27
37
36
56
3
2
49
27
91
23
2
1
67
13
11
1
13
2
19
88
35
39
4
8
24
14
83
35
3
71
25
6
1
22
2
11
127
102
45
32
4
13
18
93
49
8
8
130
35
6
13
12
16
Total Europe..................
19
547
479
482
Canada.........................
428
408
133
113
48
61
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..........
Apr.
May
June
July p
Aug. p
1
16
2
11
131
97
42
31
9
12
21
95
54
7
7
131
42
4
1
15
2
11
131
102
43
29
10
12
26
103
54
7
7
143
42
4
1
17
5
11
130
103
43
31
10
12
31
94
58
8
7
140
42
4
*
17
5
13
131
105
42
30
10
12
33
88
47
8
7
139
43
4
18
6
13
155
112
42
45
10
12
32
83
50
6
7
146
43
3
25
31
35
37
42
723
24
737
768
777
769
820
813
312
228
233
230
251
284
283
277
141
187
73
53
135
251
82
59
123
331
91
80
123
370
95
87
129
384
97
86
128
400
97
91
126
435
106
92
142
448
106
95
534
70
127
30
71
157
15
14
2
419
44
97
37
108
139
15
12
3
367
44
68
19
155
122
7
8
8
370
35
36
23
224
129
4
4
7
357
34
49
23
215
130
3
5
7
374
32
53
22
217
129
3
5
7
384
37
53
21
220
131
6
6
9
396
38
57
18
222
122
10
4
16
430
38
63
13
227
129
9
6
13
139
478
101
106
4
43A
37
64
11
237
129
22
5
14
1,375
1,329
1,325
1,456
1,496
1,540
1,582
1,643
1,719
1,782
*
*
*
1
53
2
21
122
148
249
8
21
113
738
1
43
2
14
88
151
202
16
27
112
656
*
2
44
6
15
115
98
234
19
32
99
663
Africa:
Congo (Kinshasa)..............
Morocco......................
South Africa............. .
United Arab Republic (Egypt)....
Other Africa..................
1
33
4
166
Total Africa..................
204
6
1
30
1
123
162
127
236
37
186
29
142
22
Latin America:
Argentina....................
Brazil.......................
Chile........................
Colombia.....................
Cuba.........................
Mexico.......................
Panama.......................
Peru.........................
Uruguay......................
Venezuela....................
Other Latin American Republics..
Bahamas and Bermuda...........
Netherlands Antilles and Surinam
Other Latin America...........
Total Latin America...........
Asia:
China Mainland................
Hong Kong....................
India........................
Indonesia....................
Israel.......................
Japan........................
Korea........................
Philippines...................
Taiwan.......................
Thailand.....................
Other Asia....................
Total Asia....................
Other countries:
Australia....................
All other....................
*
*
*
*
*
6
3
20
*
98
7
81
10
35
246
79
160
22
22
165
828
7
79
11
69
278
75
156
23
20
212
17
5
50
*
17
7
13
144
112
34
48
10
12
31
93
50
6
7
141
42
3
7
76
10
101
281
82
154
23
21
238
4
83
10
110
309
80
158
22
20
252
4
83
10
116
294
80
154
25
18
268
5
83
11
119
288
79
156
26
19
280
929
7
76
10
80
290
82
155
23
19
219
963
992
1,048
1,053
1,066
109
181
23
5
52
*
110
17
5
52
*
111
17
4
53
*
112
17
4
53
*
111
16
4
53
*
112
16
4
57
•*
123
190
185
187
184
185
1?9
222
18
231
18
229
20
232
19
238
18
224
17
225
17
249
251
256
241
2 42
4,303
4,378
Total other countries.........
273
215
164
240
249
Total foreign countries.........
3,565
3,248
3,074
3,656
3,833
4,040
4,185
2
2
1
5
5
6
6
6
5
5
3,567
3,250
3,075
3,661
3,838
3,940
4,046
4,191
4,308
4,383
A
International and regional
Grand total...................
*
p
Mar.
Less than $500,000.
Preliminary.
3,934 .
,
October 1972
103
C.APTTAT. M O V R M R N T S
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 August 31, 1972
Preliminary
(Position in millions of dollars)
Long-term claims payable in dollars
Country
Europe:
Fi nlqnd*.T
T
T.....................
U.S.S.R..............................
Other Eastern Europe...................
Total
long-term
claims
Total
*
17
7
13
144
112
34
43
10
12
31
93
50
6
7
141
42
3
*
17
7
13
144
111
34
47
6
12
31
93
50
6
7
141
42
3
Loans
*
17
6
13
139
109
31
46
3
12
31
88
49
6
7
141
41
3
Other
*•
*
*
*
6
2
3
1
3
1
*
4
•*
*
*
*
1
*
Long-term
claims
payable in
foreign
currencies
1
1
4
_
42
42
40
2
813
807
784
22
6
277
267
245
22
10
Latin America:
Argentina.... .....................
Brazil. .............. ........ ........
Chile................................
Colombia..............................
Cuba........... ..... ..... .
Mexico.....................................
Panama...................... ........
Peru....... ............. .
Uruguay...............................
Venezuela............................
Other Latin American Republics...........
Bahamas
Bermuda................. .
Netherlands Antilles and Surinam........
Other Latin America....................
139
478
101
106
4
434
37
64
11
237
129
22
5
14
139
475
101
106
4
432
37
64
11
237
129
22
5
14
115
456
90
93
4
383
32
63
10
212
118
19
1
14
25
20
11
13
*
2
Total Latin America....................
1 ,7o2
1,778
1,608
169
Asia:
China Mainland......................
Hong Kong............................
India.............................
Indonesia............................
Israel................ ..............
Japan............ ....................
Korea........ ..... ...................
Philippines... .......................
Taiwan... ................ ...........
Thailand.............................
Other Asia............................
*
5
83
11
119
288
79
156
26
19
280
*
5
83
11
119
2 8
79
156
26
19
276
*
5
82
11
111
273
77
146
24
16
263
1,066
1,062
1,008
16
4
57
*
123
16
4
51
*
119
12
4
45
*
114
Ar
¥r
199
191
175
15
225
17
224
17
220
17
4
•*
Total other countries..................
242
241
Total foreign countries... ..............
4.378
5
Total Asia......... .............. .
Africa:
Congo (Kinshasa)............... .
Morocco.......... .......... ..........
South Africa...........................
United Arab Republic (Egypt)............ .
Other countries:
Australia........ ........ ........ .
International and regional...............
4.383
*
Less than $500,000.
,
49
5
1
1
25
11
3
4
*
*
*
*
8
15
2
10
3
2
13
5Z.
6
_
5
_
_
2
_
_
_
_
_
_
_
4
_
_
_
_
*
4
/
5
3
8
1
237
4
1
4,34.4. ....5
4.058
5
287
-
34
-
4„i,242_..
4.063
287
34
104
Treasury Bulletin
______________ __________________________________ CAPITAL M O VEM EN TS________________________________________________
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 liabilities
End of
calendar year
or quarter-end
month 1/
Total
liabilities
Total
Payable in
dollars
Payable in
foreign
currencies
Long-term
liabilities
1957.................
566
491
428
62
75
1958.................
499
440
368
71
60
581
512
69
83
574
596
485
507
4-24
437
611/
70
89
674
691
583
600
510
525
73 ^
76 j
91
756
778
673
684
563
572
111
113
83
94
155
1959.................
I960 2/...............
1961-Mar. 2/..........
June 2/..........
C
<
(
<
C
(
Dec..............
833
678
569
109
778
817
626
665
527
551
99
114
J
151
798
805
637
644
508
513
129
130
^
j
161
775
626
479
148
148
763
725
622
585
471
441
1511
144
J
140
807
700
556
144
107
943 I
958 J
810
600
210
1,419
1,089
827
262
329
f 1,784
( 1,815
1,371
1,386
1,027
1,039
343
347
414
428
2,737
1,608
1,225
382
1,129
r 3,511
1 4,428
1,786
2,124
1,399
1,654
387
471
1970.................
5,758
2,655
2,159
496
1,725
2,304
3,102
1971-Mar..............
5,595
2,418
1,957
462
3,177
June..............
5,528
2,357
1,919
438
3,172
Sept.............
5,454
2,532
2,091
442
2,922
Dec..............
5,670
2,643
2,180
463
3,028
1972-Mar. p...........
5,720
2,774
2,340
433
2,946
1962-June 2/..........
Dec. 2/..........
(
\
C
\
1963.................
1964-June 2/..........
f
{
Dec..............
1965 2/...............
1966.................
1967 2/...............
1968.................
1969 2/...............
f
I
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
2/
cases, only the figure comparable to that for the following date is
shown.
coverage to
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
p
f
136
147
earlier quarter ends when the reporting coverage changed.
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
those shown for the preceding date; figures on the second
line are comparable to those shown for the following date,
Preliminary.
October 1972
105
_________________________________ CAPITAL M OVEM 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
1972
1971
Country
1968
1967
Europe:
Austria.....................
Belgium-Luxembourg...........
Denmark.....................
Finland.....................
France.....................
Germany.....................
Greece.....................
Italy......................
Netherlands.................
Norway....................
Portugal....................
Spain......................
Sweden.....................
Switzerland.................
Turkey.....................
United Kingdom..............
Yugoslavia..................
Other Western Europe.........
U.S.S,R.....................
Other Eastern Europe.........
1970
1969 1/
Sept.
June
Mar.
Mar. p
Dec.
2
45
2
2
124
178
3
77
66
3
9
56
35
114
3
363
1
20
1
1
4
69
3
2
137
219
4
87
90
4
10
59
38
134
3
470
2
21
1
3
8
46
2
2
126
139
4
77
128
5
13
24
34
159
4
860
4
11
2
2
11
47
9
2
112
122
4
71
115
4
14
27
28
122
3
735
4
1
2
2
12
58
3
2
117
105
5
69
102
5
18
35
31
85
5
659
4
2
2
1
10
60
3
2
139
125
*
1
3
78
4
4
114
120
11
63
42
4
4
37
25
116
5
393
1
9
1
1
3
4
5
Total Europe................
814
1,034
1,102
1,359
1,649
1,437
1,319
1,391
1,489
1,564
Canada.......................
! 205
194
198
227
221
206
193
183
181
188
9
18
10
7
14
15
13
6
■x
20
6
4
4
17
29
173
5
5
17
17
8
6
-x
20
6
4
4
17
29
167
7
6
19
13
14
6
-x
23
6
5
4
14
33
232
4
8
18
21
14
7
18
20
21
7
*
*
22
5
7
2
16
33
275
3
5
17
8
8
3
18
28
341
5
12
Latin America:
Argentina...................
Brazil.....................
Chile......................
Colombia....................
Cuba.......................
Mexico.....................
Panama.....................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.....................
South Africa................
United Arab Republic -(Egypt)....
Other Africa................
2
27
7
3
64
92
11
61
79
4
6
31
24
86
3
310
*
4
74
85
5
18
37
28
100
3
686
4
2
5
66
2
2
142
117
4
108
70
5
16
66
17
91
2
768
3
2
*
*•
6
5
105
3
2
128
88
5
112
75
6
9
66
16
60
2
870
4
1
4
9
8
9
•x
10
4
6
1
33
24
11
5
1
6
16
5
7
■x
6
3
7
1
33
20
18
5
2
6
16
9
6
*
*
13
3
9
1
25
37
22
2
1
17
4
12
5
16
43
39
2
4
11
19
11
6
■x
22
5
4
4
18
37
162
23
6
124
130
150
187
329
311
307
381
429
50b
1
5
12
4
3
63
1
8
5
5
45
1
5
12
4
17
89
1
9
5
2
30
1
5
18
4
12
136
2
8
3
3
32
1
7
20
5
14
143
2
9
3
3
26
1
9
38
9
24
144
1
7
9
4
49
1
8
25
5
28
165
11
7
10
4
58
1
8
22
6
19
158
10
7
11
3
121
1
9
26
11
21
178
10
6
17
4
139
1
12
27
10
10
177
13
7
18
3
142
1
11
13
6
9
194
12
9
23
4
109
151
176
224
233
296
322
366
421
420
391
2
1
1
31
1
34
68
1
1
26
1
30
*
*
*
*
8
3
11
11
5
7
13
7
27
2
1
14
7
28
2
3
34
1
38
2
1
31
2
18
2
1
45
1
32
Total Africa................
23
24
49
52
78
54
82
1
1
45
1
31
78
Other countries:
Australia...................
All other...................
61
8
45
5
60
2
60
7
75
7
81
8
81
8
68
9
46
9
54
10
Total other countries........
69
49
62
67
82
89
89
77
55
64
Total foreign countries........
1,386
1,608
1,786
2,124
2,655
2,418
2,356
2,532
2,642
2,773
■x
*
-x
*
-x
1
■X
1,386
1,608
1,786
2,124
2,357
2,532
2,643
International and regional
Grand total...................
1
l/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable m
coverage to those shown for the preceding date; figures m the second
■x
2,655
•X
2,418
column are comparable to those shown for the following date,
* Less than $500,000.
p Preliminary.
59
■x
2,774
Treasury Bulletin
106
___________________________________ CAPITAL M O VE M E N 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 March 31, 1972
Preliminary
-(Position in millions of dollars)
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
short-term
liabilities
Payable in
dollars
Payable in
foreign
currencies
*
11
1
•*
19
24
2
30
11
1
5
105
3
2
128
88
5
112
75
6
9
66
16
60
2
870
4
1
*
5
1,564
5
94
2
2
110
65
3
83
64
5
9
64
14
40
1
751
1
1
*
2
1,318
2
1
20
*
119
3
*
*
3
246
188
152
36
18
20
21
7
*
17
8
8
3
18
28
341
5
12
506
17
18
20
5
*
11
7
6
3
15
19
290
5
11
428
1
2
1
2
*
6
1
2
*
2
9
50
*
1
79
Total Asia....................
1
11
13
6
9
194
12
9
23
4
109
391
1
10
12
4
8
173
12
6
22
3
100
352
1
2
1
1
21
*
3
1
1
9
40
Africa:
Congo (Kinshasa)..............
Morocco......................
South Africa..................
United Arab Republic (Egypt)....
Other Africa.......... .......
1
1
2<?
1
30
*
*•
26
1
28
1
1
1
1
2
Total Africa..................
Total Europe..................
Canada.........................
Latin America:
Argentina.....................
Brazil.......................
Chile..\.....................
Colombia......................
Cuba.........................
Mexico.......................
Panama.......................
Peru.........................
Uruguay......................
Venezuela.....................
Other Latin American Republics.,
Bahamas and Bermuda...........
Netherlands Antilles and Surinam
Other Latin America...........
Total Latin America......
Asia:
China Mainland.............. .
Hong Kong.....................
India........................
Indonesia.....................
Israel.......................
Japan........................
Korea............... .........
Philippines...................
Taiwan.......................
Thailand.....................
Other Asia....................
*
59
55
4
Other countries:
Australia.....................
All other.....................!
54
10
26
8
27
2
Total other countries.........
64
35
29
Total foreign countries.........
2,773
2,340
433
*
*
-
2,774
2,340
433
Tn+ornfl+i nna”1 onH t*o rrirvnftT
*
Less than $500,000.
October 1972
107
__________________________________ 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
1971
1972
Country
Europe:
Austria......................
Belgium^-Luxembourg............
Denmark......................
Finland......................
France.......................
Germany......................
Greece.......................
Italy........................
Netherlands...................
Norway.......................
Portugal.....................
Spain........................
Sweden.......................
Switzerland..................
Turkey.......................
United Kingdom................
Yugoslavia...................
Other Western Europe..........
U.S.S.R......................
Other Eastern Europe..........
1967
1968
1
1
36
*
66
50
X
1
27
I64
x
_
*
84
*
_
38
189
*
56
58
*
—
*
5
134
1969 1/
1970
Mar.
1
174
14
_
1
167
25
_
1
153
47
614
X
161
140
X
7
5
5
424
X
1,087
X
5
94
599
8
201
171
X
7
6
5
459
X
1,022
*
3
76
572
19
198
154
X
5
5
5
470
X
1,034
X
3
June
Sept.
Dec.
Mar. p
-
-
*
125
X
_
48
465
X
128
69
X
7
X
6
253
476
X
5
_
-
Total Europe..................
346
1,041
1,582
2,111
2,747
2,768
2,743
2,537
2,538
2,488
Canada.........................
49
42
34
47
67
70
68
61
72
71
2
3
*
2
x
x
2
1
1
2
1
1
3
2
1
4
1
1
2
1
1
1
1
1
1
1
1
x
4
1
1
*
X
X
X
X
x
4
_
5
13
_
5
13
X
_
X
_
X
_
X
_
X
1
15
1
10
1
5
■X
X
X
X
X
*
X
14
2
5
X
X
X
X
X
*
x
10
1
1
1
23
1
1
48
5
1
2
85
*
*
X
X
14
1
5
2
2
188
1
1
19
2
3
248
1
2
3
219
1
2
3
285
10
2
3
255
3
X
X
X
X
X
X
X
X
X
23
37
77
115
219
261
275
239
319
284
x
*
_
_
*
x
xX
*
1
_
X
X
Latin America:
Argentina....................
Brazil.......................
Chile........................
Colombia.....................
Cuba.........................
Mexico................................................................................
Panama................................................................................
Peru......................................................................................
Uruguay......................
Venezuela......................................................................
Other Latin American Republics..
Bahamas and Bermuda...........
Netherlands Antilles and Surinam
Other Latin America...........
Total Latin America...........
Asia:
China Mainland................
Hong Kong....................
India........................
Indonesia....................
Israel.......................
Japan........................
Korea........................
Philippines..................
Taiwan.......................
Thailand.....................
Other Asia...................
Total Asia...................
Africa:
Congo (Kinshasa)..............
Morocco.....................
_
X
-
469
x
7
_
5
_
X
X
*
x
_
2
*
_
1
144
X
_
56
675
X
152
76
X
7
5
7
325
_
658
x
5
_
-
-
-
2
2
230
1
_
-
X
153
42
_
71
542
19
197
151
2
5
4
3
447
X
901
X
X
-
X
156
41
X
147
42
X
59
583
13
159
153
X
4
4
2
454
71
558
19
201
I64
X
4
5
3
443
1
875
X
X
868
X
X
-
-
X
_
1
14
]
X
X
X
X
X
1
*
*
X
X
X
X
X
X
X
1
1
X
X
5
11
*
x
_
5
11
5
30
*
1
5
32
5
32
6
33
5
39
6
43
X
X
1
1
1
1
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
6
6
*
5
X
4
3
X
X
1
1
2
5
23
23
42
42
40
41
47
51
-
-
-
-
X
_
_
_
_
-
X
■X
X
*
*
_
*
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
6
6
_
_
X
X
South Africa.................
United Arab Republic (Egypt)....
Other Africa.................
*
1
X
*
1
6
6
7
6
7
Total Africa....... ..........
1
1
X
1
6
6
7
6
7
7
7
5
7
7
21
30
40
38
45
-
X
X
X
X
X
X
X
X
5
8
8
21
30
40
38
45
46
Total foreign countries.........
428
1,129
1,725
2,304
3,102
3,177
3,172
2,922
3,028
2,946
International and regional......
-
-
-
-
-
-
-
-
-
-
428
1,129
1,725
2,304
3,102
3,177
3,172
2,922
3,028
2,946
Other countries:
Australia......................................................................
All other....................
Total other countries....,,.....
Grand total...................
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date,
* Less than $500,000.
p Preliminary.
46”
Treasury Bulletin
108
________________________________________________ CAPITAL M OVEM ENTS_________________________________________________
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
1/
Payable in foreign currencies
Total claims
Total
Payable in
dollars
Deposits with banks
abroad in reporter's
own name
Long-term
claims
Other short-term
claims payable in
foreign currencies
947
777
637
78
1958...............
943
720
568
88
63
223
1959...............
1,009
705
605
68
32
304
f 1,775
1,859
1,432
1,505
824
875
58
71
549
560
344
354
1961-Mar. 2/........
f 1,633
j 1,701
1,248
1,305
939
968
76
89
233
248
385
396
June 2/........
f 1,895
\ 1,934
1,496
1,528
1,181
1,208
122
126
193
194
399
406
Sept. 2/........
f\ 2,117
2,099
1,646
1,664
1,323
1,340
131
132
192
192 j
453
Dec............
2,138
1,636
1,335
150
151
502
1,807
1,974
1,475
1,598
178
208
153
168
636
704
2,051
2,098
1,625
1,668
214
217
212
212
758
769
2,113
2,162
1,712
1,758
201
204
200 ^
200
2,282
1,877
222
183
2,131
2,188
1,739
1,778
201
199
191
211
2,482
2,430
2,000
1,952
220
219
262
260
^ 3,934
2,776
2,853
2,306
2,338
189
205
281
310
962
1,081
ft 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
5,572
3,783
3,173
368
241
1^790
5,925
\ 6,523
3,710
4,159
3,124
3,532
221
244
365
383
2,215
2,363
7,110
4,160
3,579
234
348
2,950
1957...............
I960 2/.............
1962-June 2/.........
Dec. 2/........
1963-Mar. 2/.........
June 2/.........
Dec. 2/........
1964-June 2/........
Dec. 2/........
1965 2/.............
f12,678
2,443
f 2,809
\ 2,867
f1 2,929
2,979
f^ 33,, 164
048*1
J
fI 2,854
2,922
f^3,245
3,297
f 3,738
1966...............
1967 2/.............
1968...............
1969 2/.............
1970...............
f
170
63
J
816
ft
766
882
723
734
J
815
1971-Mar............
7,498
4,515
3,909
232
374
2,983
June...........
7,691
4,696
4,045
303
348
2,994
Sept..... ......
7,907
4,882
4,174
383
326
3,025
Dec............
8,322
5,185
4,535
318
333
3,137
1972-Mar. p.........
8,657
5,443
4,677
358
408
3,214
Note: Breaks in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shown; m 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
tor 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 first 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.
October 1972
1 09
CAPITAL MOVEMENTS
Section IV - Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-2. - Short-Term Claims by Country
(Position at end of period in millions of dollars)
1972
1971
Calendar year
Country
1967
Europe:
Austria.....................
Belgium^Luxembourg...........
1968
1969 1/
1970
Mar.
10
49
16
8
159
191
34
175
65
15
13
93
53
38
17
1,020
16
12
4
13
10
61
17
15
181
228
27
172
74
14
20
91
40
62
9
961
16
11
2
14
13
59
14
16
182
209
40
176
66
17
13
89
37
95
9
846
21
14
4
12
1,997
2,027
Other Eastern Europe.........
5
42
11
6
111
134
20
103
51
8
7
90
24
29
9
774
4
14
1
7
Total Europe................
1,449
2,039
1,732
1,909
10
47
17
11
150
209
28
163
62
16
15
81
40
47
8
698
17
9
1
23
1,652
Finland.....................
Germany.....................
Greece.....................
Italy......................
Netherlands.................
Norway......................
Portugal....................
Sweden.....................
Switzerland.................
Turkey.....................
United Kingdom...............
Yugoslavia..................
Other Western Europe.........
5
47
12
9
145
204
27
124
54
10
7
71
26
39
6
1,221
7
16
■*
7
5
53
15
6
114
192
18
143
45
15
10
71
27
33
11
929
18
10
3
16
5
59
16
7
122
219
19
155
64
17
10
77
32
45
12
999
18
12
3
19
June
Sept.
Dec.
Mar.
p
17
47
18
19
201
210
36
187
67
16
23
103
35
59
9
976
10
13
10
16
1,932
14
62
15
18
208
192
35
191
69
13
16
125
40
63
9
957
13
13
14
13
2,080
2,074
Canada.......................
547
540
728
842
769
721
706
800
909
1,217
Latin America:
Argentina...................
Brazil.....................
Chile......................
Colombia..................
Cuba.......................
Mexico.....................
Panama.....................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
28
84
34
22
2
112
13
29
5
57
64
23
7
10
46
91
36
29
2
103
15
26
6
67
82
66
6
9
49
82
40
28
1
115
18
27
7
56
84
54
6
16
54
86
41
33
1
148
19
30
7
56
90
87
6
17
61
120
48
37
1
156
18
36
6
67
99
188
9
29
65
105
40
36
1
143
21
35
7
69
95
222
8
21
66
118
44
31
1
151
17
36
6
69
96
273
9
25
66
127
48
40
1
146
20
34
6
73
105
362
9
21
49
142
40
41
1
134
19
31
6
77
95
313
8
22
Total Latin America..........
55
150
47
46
1
151
21
34
5
81
101
366
9
24
1,090
1
24
37
29
490
584
582
677
874
866
940
1,057
Asia:
China Mainland..............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
*
9
42
4
6
185
9
33
9
13
87
■*
11
34
12
31
234
26
31
19
14
112
411
68
49
41
15
146
729
1
25
39
21
25
372
54
56
38
13
157
800
•*
21
31
29
23
469
56
64
45
18
172
524
*
17
34
21
23
323
42
30
33
11
145
678
1
26
36
24
21
397
52
43
43
16
201
397
*
11
37
12
36
255
28
40
19
15
117
572
*
19
39
20
24
349
50
31
32
Total Asia..................
*
8
34
7
7
207
21
25
19
16
134
478
859
844
930
2
3
31
7
34
76
4
4
26
9
39
80
4
4
30
9
42
88
3
3
30
9
47
92
5
4
32
10
50
100
6
3
38
9
64
120
4
3
39
9
67
122
6
3
41
9
97
156
5
3
42
9
71
Total Africa................
1
3
14
7
31
56
Other countries:
Australia...................
All other...................
Total other countries........
62
10
72
54
11
56
9
80
15
64
94
86
13
99
82
17
65
60
10
70
99
85
24
109
83
19
102
113
3,010
Africa:
Congo (Kinshasa).............
Morocco....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Total foreign countries........
International and regional
Grand total...................
12
153
23
977
130
86
27
3,782
3,709
4,159
4,159
4,512
4,693
4,878
5,182
5,441
*
1
*
*
1
3
4
4
4
2
3,011
3,783
3,710
4,159
4,160
4,515
4,696
4,882
5,185
5,443
1 / Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures in the first column are comparable in
coverage to those shown for the preceding date; figures in the second
*
p
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
no
Treasury Bulletin
_____________________________________________ __CAPITAL M OVEM ENTS--------------------------------------------------------------------------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 March 31, 1972
Preliminary
(Position in millions of dollars)
Country
Europe:
Austria......................
Belgium-Luxembourg............
Denmark......................
Finland......................
France.......................
Germany......................
Greece.......................
Italy........................
Netherlands...................
Norway.......................
Portugal.....................
Spain........................
Sweden.......................
Switzerland...................
Turkey.......................
United Kingdom................
Yugoslavia....................
Other Western Europe..........
Total
short-term
claims
Payable in foreign currencies
Payable in
dollars
Other Eastern Europe..........
17
47
18
19
201
210
36
187
67
16
23
103
35
59
9
976
10
13
10
16
10
39
18
18
166
191
34
167
58
15
23
99
34
47
8
899
9
13
9
15
Total Europe..................
2,074
Canada.........................
Latin America:
Argentina.....................
Brazil.......................
Chile........................
Colombia.....................
Cuba.........................
Mexico................. ......
Panama.............. ..... .
Peru.........................
Uruguay......................
Venezuela.....................
Other Latin American Republics..
Bahamas and Bermuda...........
Netherlands Antilles and Surinam
Ather Latin America...........
Deposits with banks abroad
in reporter's own name
Other short-term claims
payable in foreign currencies
4
5
3
3
1
*
*
*
26
7
1
7
4
9
12
1
13
5
*
*
•*
•X
2
2
1
6
*
7
1
55
22
*
*
*
*
*
*
*
*
1,874
120
80
1,217
914
79
224
49
142
40
41
1
134
19
31
6
77
95
313
8
22
47
130
36
37
*
2
3
1
2
128
18
26
4
70
82
306
8
21
■*
*
*
*
*
1
914
30
33
-*
-
8
1
*
■*
8
3
1
1
1
*
1
6
7
*
-
6
1
3
1
5
7
*
Total Latin America...........
977
Asia:
China Mainland................
Hong Kong....................
India........................
Indonesia....................
Israel.......................
Japan........................
Korea........................
Philippines...................
Taiwan.......................
Thailand.....................
Other Asia...................
*
*
21
31
29
23
469
56
64
45
18
172
18
22
28
20
365
56
58
44
17
162
Total Asia....................
930
789
91
*
2
1
1
5
110
Total Africa..................
5
3
42
9
71
130
4
2
31
5
64
106
*
1
2
3
6
12
Other countries:
Australia.....................
All other.....................
86
27
56
22
6
1
Total other countries.........
113
78
7
24
4
28
Total foreign countries.........
5,441
2
4,675
358
408
2
-
-
5,443
4,677
358
408
Africa:
Congo (Kinshasa)..............
Morocco......................
South Africa..................
United Arab Republic (Egypt)___
Other Africa..................
International and regional......
*
Less than $500,000.
*
3
1
2
13
*
4
1
-*
5
31
•*
1
10
1
1
13
in
October 1972
..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 bv Type
(In millions of dollars)
Total
short-term
liquid
claims
End of
calendar year
or month
Deposits
Total
Demand
Time
Deposits
Short-term
investments 1/
Total
Demand
Time
Short-term
investments 1/
1,436
1,102
28
870
205
334
42
118
174
917
844
691
625
19
19
557
549
114
57
227
219
45
45
90
86
92
88
973
805
58
699
48
168
40
69
59
f 1,078
{ 1,163
901
985
66
66
702
786
133
133
177
178
50
51
77
77
49
49
1,638
1,306
28
1,192
87
332
49
222
60
1,318
^ 1,491
1,068
1,222
116
161
250
269
150
203
294
354r
197
208
204
211
210
203
235
316
266
239r
237r
2l8r
340
375
393
383
389
354r
407r
463r
474r
437r
451r
476r
247
505
1964.................
f
<
1966.................
1968.................
f
1970.................
1971.................
1,141
1,648r
847
l,295r
1971-July.............
Aug..............
Sept.............
Oct..............
Nov..............
Dec..............
1,478
1,661
1,579
1,604
1,622
l,648r
l,749r
1,834**
l,998r
1,978r
2,028r
2,076r
1,138
1,286
1,187
1,221
1,233
l,295r
951
1,062
1
1
697
1,092r
1
1
942
1,078
983
1,010
1,024
1,092r
l,342r
l,372r
l,524r
l,541r
1,577r
l,600r
1,107r
l,056r
l,258r
l,302r
l,339r
l,382r
iqAq 0/
Payable in foreign currencies
Payable in dollars
1972-Jan..............
Feb..............
Mar..............
Apr..............
May..............
June.............
1,501
1,747
July.............
2,253
Note: Data represent the liquid assets abroad of large noribanking con
cerns in the United States. They are a portion of1the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM-IV-3.
1/ Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more than one year
76
86
174
183
1
1
173
234r
I
1
238
246
285
277
246
234r
101
128
107
106
143
120
244r
238r
274r
273r
298r
306r
163
225
200
164
153
170
345
160
121
120
from the date on which the obligation was incurred by the foreigner.
2/ Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date,
r Revised.
Table CM-IV-5. - Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country
(Position at end of period in millions of dollars)
1972
Calendar year
Country
1968
1970
1969 1/
1971
Feb.
Mar.
Apr.
May
June
July
Belgium-Luxembourg.........
France....................
Germany............. ......
Italy.....................
Netherlands...............
Switzerland...............
United Kingdom.............
4
48
88
25
18
13
979
24
9
52
15
4
4
610
27
9
58
15
4
6
663
6
12
31
15
6
7
372
14
39
4r
22
3
6
577r
6
30
4
19
2
5
550r
7
29
6
14
6
8
655r
8
35r
4
13
5
8
667r
10
32
10
16
5
8
714r
23r
3Or
12
11
6
8
717r
17
31
13
17
6
5
751
Canada....................
280
468
534
436
587r
857r
86lr
785r
699r
663r
742
Bahamas and Bermuda........
52
36
66
144
259
213
250
270
341r
384r
456
Japan....................
69
62
62
58
77r
81
92
102r
101
115r
112
All other countries 2/......
63
34
47
54
61
66
70
82r
91r
107r
104
1,638
1,318
1,491
1,141
l,978r
2,028r
2,076r
2,253
Total....................
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 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 first column are comparable
1,648r
1,834**
l,998r
in coverage to those shown for the preceding date; figures in the
second column are comparable to those shown for the following date.
2/ Includes the liquid claims of $500 thousand or more held by reporting
concerns in any country not listed above,
r Revised.
Treasury Bulletin
112
_______________________________ CAPITAL M OVEM ENTS_________________________________
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 July 31, 1972
(Position in millions of dollars)
Country
Belgium-Luxembourg.........
France....................
Germany...................
Italy.....................
Netherlands...............
Switzerland...............
United Kingdom.............
Total
short-term
liquid
claims
17
31
13
17
6
5
751
Payable in dollars
Payable in foreign currencies
Short-term
investments 1/
Total
Deposits
2
13
1
6
5
3
712
1
13
*
*
*
■*
3
5
2
647
Total
Deposits
Short-term
investments 1/
1
64
15
18
13
11
1
1
39
14
18
13
11
1
1
39
222
71
151
2
-
1
_
*
_
_
_
*
Canada....................
742
520
414
105
Bahamas and Bermuda.........
456
443
380
63
14
14
-
Japan.....................
112
1
1
*
111
111
-
All other countries 2/......
104
43
34
9
61
52
9
2,253
1,747
1, 501
247
505
345
160
Total.....................
Note:
Data represent the liquid assets abroad of large nonbanking concerns
on demand or having a contractual maturity of not more than one year
in the United States. They are a portion of the total claims on forfrom the date on which the obligation was incurred by the foreigner,
eigners reported by nonbahking concerns in the United States and are
2/ Includes the liquid claims of $500 thousand or more held by reporting
included in the figures shown in Tables CM-IV-1 through CM-IV-3.
concerns in any country not listed above.
1/ Negotiable and other readily transferable foreign obligations payable
* Less than $500,000.
October 1972
113
________________________________ 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
1971
1972
Country
1967
Europe:
Austria......................
Belgium^-Luxembourg............
Denmark......................
Finland......................
France.......................
Germany......................
Greece.......................
Italy........................
Netherlands..................
Norway.......................
Portugal.....................
Spain........................
Sweden.......................
Switzerland..................
Turkey.......................
United Kingdom................
Yugoslavia...................
Other Western Europe..........
U.S.S.R......................
Other Eastern Europe..........
1968
1
8
11
1
17
36
51
22
4
5
12
60
2
16
6
43
*
10
-
1969 1/
*
Mar.
*
5
6
3
14
16
57
88
312
22
19
86
51
10
3
146
4
11
*
5
7
3
17
16
56
65
315
23
18
85
49
5
3
154
5
15
1
6
7
6
20
15
68
37
335
21
18
84
46
6
3
151
6
15
-
_
_
June
Sept.
1
6
7
3
20
15
67
34
333
25
3
86
44
6
3
135
6
15
Dec.
Mar. p
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
*
1
1
1
1
1
5
453
584
595
854
842
843
810
842
851
-
*
4
1
3
17
13
58
125
10
13
22
83
68
1
5
152
3
14
1970
-
_
1
4
7
3
19
20
67
40
333
28
15
86
43
16
2
128
13
12
_
1
4
7
6
18
16
67
42
332
27
15
84
41
16
14
128
13
10
*
9
Total Europe..................
306
Canada.........................
322
419
496
562
669
670
677
753
756
775
Latin America:
Argentina....................
Brazil.......................
Chile........................
Colombia.....................
Cuba.........................
Mexico........................
Panama.......................
Peru.........................
Uruguay......................
Venezuela....................
Other Latin American Republics..
Bahamas and Bermuda...........
Netherlands Antilles and Surinam
Other Latin America...........
74
212
91
16
9
91
8
18
2
15
36
6
*
1
66
194
54
10
9
73
13
17
1
16
40
2
64
172
198
19
9
73
17
20
1
16
41
2
71
183
261
38
9
60
29
30
2
23
143
3
67
182
260
38
9
63
31
28
2
23
143
3
63
180
244
37
9
64
31
27
2
31
172
3
*
*
66
179
218
37
9
63
28
23
2
28
172
4
*
*
66
174
216
34
9
60
29
28
4
31
225
4
62
173
217
33
9
59
31
28
4
32
225
11
_
*
*
*
*
2
65
177
200
22
9
77
29
21
1
20
44
3
*
5
9
9
10
10
10
Total Latin America...........
577
498
633
674
9
861
859
873
840
890
895
Asia:
China Mainland................
Hong Kong....................
India........................
Indonesia....................
Israel.......................
Japan........................
Korea........................
Philippines..................
Taiwan.......................
Thailand.....................
Other Asia...................
_
_
_
_
_
_
_
_
_
1
17
5
14
128
16
24
15
3
38
■*
15
6
31
128
25
14
5
55
1
14
9
49
141
62
34
19
8
55
1
14
9
50
142
79
38
19
9
52
2
13
17
46
140
81
42
29
16
47
1
13
18
49
161
80
40
29
16
57
2
18
23
43
133
79
46
30
17
65
2
15
21
49
141
79
48
33
17
62
260
299
391
412
432
463
1
16
19
48
138
80
43
30
17
59
451
456
468
*
2
16
20
73
141
78
48
34
17
73
503
1
1
*
*
*
*
*
*
*
1
4
84
89
4
4
75
*
*
2
4
63
*
*
2
4
64
83
69
2
4
69
75
Total other countries.........
15
1
16
35
3
38
39
3
42
41
5
46
64
Total foreign countries.........
1,570
1,790
2,215
2,363
2,950
2,983
2,993
International and regional ......
-
-
-
-
*
*
1
1,570
1,790
2,215
2,363
2,950
2,983
2,994
Total Asia...................
Africa:
Congo (Kinshasa)..............
Morocco......................
South Africa.................
United Arab Republic (Egypt)....
Other Africa.................
Total Africa..................
Other countries:
Australia....................
All other....................
Grand total...................
lo
1/ Data in the two columns shown for this date differ because of changes
in reporting coverage. Figures m the first column are comparable m
coverage to those shown for the preceding date; figures m the second
*
p
71
59
5
*
*
1
3
4
69
77
1
4
4
66
5
4
81
75
67
5
72
70
5
75
1
1
7
4
92
90
1
6
4
85
96
104
69
5
78
5
79
5
74
83
84
3,024
3,134
3,212
1
2
2
3,025
3,137
3,214
column are comparable to those shown for the following date,
Less than $500,000.
Preliminary.
Treasury Bulletin
114
CAPITAL MOVEMENTS
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-1. - Foreign Purchases and Sales of Long-Term Domestic Securities by Type
(In millions of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Marketable U.S. Government bonds and notes
Corporate and other securities
Net foreign purchases
Calendar year
or month
Foreign countries
Total
Official
insti
tutions
Other
foreign
ers
-237
524
■98
_20
-207
369
36
689
127
512
-728
671
-338
-76
-616
-43
-489
-45
56
1,672
1,903
-59
-20
-245
48
-380
-115
-41
1,661
1,925
36
95
56
30
51
59
123
-119
-69
1971-Aug.......
Sept......
Oct.......
Nov.......
Dec.......
212
118
252
446
175
238
145
257
474
209
1972-Jan.......
Feb.......
Mar.......
Apr.......
May.......
June.....
248
141
230
48
348
251
305
138
245
25
350
274
-36
-28
-5
-29
-34
-58
3
-16
13
6
-23
July p......
Aug p.... .
223
413
224
365
-2
9
1958..........
1959..........
1960..........
1961..........
1962..........
1963..........
1964..........
1965..........
1966..........
1967..........
1968..........
1969..........
1970..........
1971..........
1972-Jan.-Aug. p.
Gross
Inter
foreign
national
purchases
and
regional
Gross
foreign
sales
Net
Bonds 1/
Stocks
foreign
purchases
Gross
Net
Gross
Gross
of
Net
foreign
corporate foreign
foreign foreign
foreign
purchases purchases
and other purchases purchases sales
securities
273
165
224
532
-521
302
-315
-151
-427
-121
-161
11
-25
130
46
1,224
1,217
1,730
1,744
1,780
1,867
1,149
1,077
680
585
443
528
691
2,414
2,878
1,188
528
1,603
1,231
2,508
1,196
1,487
1,153
1,296
629
932
574
634
742
975
-39
435
252
223
60
207
-173
-375
678
1,070
4,234
2,688
1,582
1,415
2,139
17
73
50
-99
-51
9
176
38
1,011
313
1,964
1,202
956
684
1,171
361
369
442
317
308
256
461
675
1,553
2,243
4,446
3,054
2,499
2,947
3,124
344
296
392
416
359
246
284
637
542
1,929
2,481
1,853
1,543
2,263
1,954
-56
363
202
323
111
198
-349
-413
-333
757
2,270
1,487
626
731
968
1,397
2,224
1,977
3,067
2,260
2,724
3,076
3,720
4,740
8,033
13,118
12,429
8,927
11,626
9,434
11
1
-*
1
1
282
151
288
606
258
163
249
-7
95
465
85
94
40
94
-18
289
227
253
274
311
204
133
213
180
329
78
155
-47
■*
483
896
818
713
665
1,361
1
1
11
-8
1
320
189
278
50
451
326
70
33
35
161
83
72
48
48
2
103
75
302
299
498
283
239
241
33
146
321
205
I84
210
277
328
567
522
361
501
230
1,035
6
621
7
268
45
26
311
258
269
153
177
78
55
32
-38
242
1,303
1,283
1,459
1,181
989
1,148
1
40
244
182
245
317
177
291
266
232
1/ Data include transactions in issues of states and municipalities, and
of corporations and other agencies of the U.S. Government which are
p
848
1,224
Gross
foreign
sales
1,454
1,862
1,775
2,745
2,149
2,527
3,425
4,133
5,074
7,276
10,848
10,942
8,301
10,894
8,465
817
663
76lr
665
878
1,034
1,130
1,282
1,103
934
1,116
885
982
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; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Foreign stocks
Foreign bonds
Calendar year
or month
1958...............
1959...............
1960...............
1961...............
1962...............
1963...............
1964...............
1965...............
1966...............
1967...............
1968...............
1969...............
1970...............
1971...............
Net foreign
purchases
of foreign
securities
Gross foreign
sales
Net foreign
purchases
Gross foreign
purchas es
Net foreign
purchases
Gross foreign
purchases
-1,363
-750
-645
-830
-1,048
-1,044
-728
-953
-685
-1,320
-1,695
-1,547
-915
-937
-1,026
-512
-562
-460
-944
-1,095
-928
-1,242
-914
-1,163
-1,380
-1,029
-951
-888
889
946
883
802
1,093
991
915
1,198
1,778
2,024
2,306
1,552
1,490
1,687
1,915
1,458
1,445
1,262
2,037
2,086
1,843
2,440
2,692
3,187
3,686
2,581
2,441
2,575
-336
-238
-83
-370
-104
51
200
290
229
-157
-314
-517
35
-49
467
566
509
596
702
696
748
906
960
880
1,252
1,519
1,033
1,385
1972-Jan.-Aug. p......
-545
-725
1,178
1,903
180
1,746
1971-Aug............
Sept...........
Oct............
Nov............
Dec............
-180
15
-30
50
51
-203
-7
-82
-11
10
313
138
245
148
175
-262
-81
-46
20
-78
-273
-283
-82
-67
4
-186
-230
88
30
22
22
52
61
41
21
1
20
16
107
•43
-5
63
124
118
157
137
195
1972-Jan............
Feb............
Mar............
Apr............
110
131
163
137
185
126
159
181
161
124
109
188
129
June ..........
July p.........
Aug p..........
p
Preliminary.
83
93
409
241
248
157
310
339
100
98
191
200
290
197
245
225
157
242
Gross foreign
sales
804
804
592
966
806
644
548
617
731
1,037
1,566
2,037
998
1,434
;
1,567
102
96
104
76
154
170
199
269
181
138
269
162
179
October 1972
115
.CAPITAL M OVEM ENTS.
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
Calendar year
1972
Country
1969
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.........
*
*
-2
*
*
*
*-30
■*
*
-2
3
56
-14
*-
1972
through
Aug. p
Mar.
Apr.
May
■x
-1
*
•x
■x
■x
•x
■x
•x
4
26
-149
55
-1
■x
•x
*
•x
*
•x
*
_
_
*
11
-15
-43
*
_
•x
*
*
*
■x
-15
*
_
_
*
*
—
*
*
*
*
*
13
_
_
•x
*
■x
-1
7
_
*
*
_
_
*
*
*
*
_
_
_
3
*
_
-24
-68
-48
-15
12
7
-21
-2
10
1
-13
147
*
59
_
_
_
_
_
*
_
_
_
*
_
*
*
_
_
*
_
_
_
_
_
■x
_
_
_
_
_
*
1970
1971
*
5
-8
•x
*
*
*
-x
•x
7
■x
96
■x
*
Total Europe................
11
100
Canada.......................
-114
-76
3
191
-1
-x
•x
*
■x
*
■x
*
•x
•X
■x
_
_
_
_
_
_
_
_
_
_
*
-X
_
_
_
_
_
_
_
_
_
*
_
-
*
■X
*
_
_
*
La L m America.
Argentina...................
Brazil.....................
Chile......................
Colombia....................
Cuba.......................
Mexico.....................
Panama.....................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
-
*
•*
*
-
-
-
-
*
*
*
■x
*
■x
1
2
*
*
*
*
-
*
*
1
-3
-2
2
-
■x
20
■x
■x
*
*
*
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
■x
■x
*
52
2
-1
Total Asia..................
-
■X
-1
■X
*
•X
!
_
*
_
_
■x
_
*
June
*
_
_
_
_
_
_
*
_
*
245
_
_
_
_
-
_
_
25
_
*
_
_
*
124
1,594
245
25
362
_
_
-35
_
_
_
120
_
_
_
_
_
_
-
_
-
35
-35
120
-
-
*
■x
■x
-X
*
*
*
*
—
-x
-
-
-
Total foreign countries........
-56
82
1,542
1,857
229
International and regional:
International...............
Latin American regional.......
Asian regional..............
6
5
-1
124
6
Total international and regional
11
-31
6
-25
130
50
-4
46
Grand total...................
-45
56
1,672
1,903
-1
2
_
*
1,593
_
*
_
*
53
20
1,642
_
*
_
-3
_
_
_
35
Total Africa................
Other countries:
Australia...................
All other...................
Total other countries........
-4
Africa:
Congo (Kinshasa).............
Morocco....................
South Africa................
United Arab Republic (Egypt)....
Other Africa................
Preliminary.
Less than $500,000.
-
*
_
_
_
_
_
_
■x
*
•x
-3
1
*
Aug. p
*
•x
*
•x
-2
_3
15
-
-
_
*
_
*
_
*
_
_
•x
_
_
_
362
_
_
_
_
-
*
-20
■x
1,662
•x
•x
*
July p
1 85
_
_
_
_
*
224
_
_
_
_
-
124
224
185
_
-
-
_
_
-
120
-
-
-
120
•x
_
-x
_
-
-
■x
*
-
-
-
38
356
251
222
373
10
1
11
_
_
1
1
-8
-8
1
-
1
-
40
*
1
1
40
230
48
348
251
223
413
_
-
-
Treasury Bulletin
116
CAPITAL MOVEMENTS
Section V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-4. - Estimated Foreign Holdings of Marketable U.S. Government Bonds and Notes by Country
(Position at end of period in millions of dollars)
Calendar year
1972
Country
1970
1969
Mar.
1971
Apr.
May
June
July p
Aug. p
(See note)
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.........
*
x
8
*
x
x
x
X
X
5
7
6
6
6
6
*
*
*
6
*
x
x
x
6
X
6
X
1
1
1
1
1
1
1
x
*
*
1
1
1
6
6
2
2
2
2
2
*
*
*
2
2
2
*
*
3
3
3
3
x
*
3
3
X
3
X
x
*
x
x
x
*
*
3
2
2
1
1
1
1
1
7
7
*
x
x
x
*
*
*
*
*
*
1
1
1
1
1
3
3
2
6
34
60
42
*
49
*
472
-
503
-
16
16
407
-
*
x
x
*
*
x
3
x
x
1
1
1
1
16
16
16
53-
52
19
52
-
52
-
-
268
-
280
-
288
-
323
-
17
71
71
71
71
_
X
X
1
X
1
X
X
X
1
19
17
49
45
264
265
280
71
71
71
_
_
_
-
-
-
-
-
_
_
7
6
6
5
5
5
5
5
5
5
Total Europe................
500
600
547
480
426
438
445
424
422
432
Canada.......................
269
193
178
181
178
179
166
313
313
372
*
X
X
X
X
X
X
X
X
X
X
X
X
-X-
X
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay......................
Venezuela............ .......
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Total Latin America..........
Asia:
China Mainland...............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
Total Asia..................
Africa:
Congo (Kinshasa).............
Morocco.................... .
South Africa................
United Arab Republic (Egypt)....
Other Africa................
*
x
*
x
*
x
*
x
x
x
x
x
x
-
*
_
-
x
_
*
-
-
*
_
_
*
*
_
_
*
*
_
_
_
x
x
_
_
*
x
*
*
*
_
-
*
*
_
_
X
*
*
*
*
x
X
2
3
2
1
1
1
4
2
4
1
/
1
4
2
x
x
x
2
2
12
2
4
12
x
x
*
*
*
15
18
8
7
7
_
_
*
x
x
x
x
_
*
*
61
20
1
20
_
1
_
_
1
_
_
*
61
*
*
56
x
x
1,717
2,391
*
x
*
_
2
*
16
_
_
*
9
85
x
9
1,727
*
9
2,401
_
-
x
2
2
14
79
x
99
x
_
_
_
_
_
_
*
x
x
_
*
_
*
_
*
_
42
42
43
8
7
43
8
x
x
x
*
Total other countries........
*
*
*
Total foreign countries........
871
953
860
32
18
*
24
50
921
Total Africa................
Other countries:
Australia...................
All other...................
x
_
7
Total international and regional
X
]_
4
1
1
4
2
Hr
2
2
0
x
X
X
X
2
X
7
7
7
7
7
x
1
X
X
1
*
1
X
1
*
2,415
x
*
*
2,777
*
*
X
X
X
2,901
3,125
3,310
X
X
X
X
X
X
*
9
2.425
x
9
2.787
1
X
9
2.912
Q
3,136
10
3,321
X
x
x
X
X
8
8
8
8
8
8
8
127
8
8
127
*
*
x
*
*
*
X
X
X
X
-
-
X
X
X
X
2,402
3,020
3,057
3,413
3,664
3,886
4,259
24
126
30
126
32
*
136
33
*
136
25
136
26
136
27
176
27
x
X
X
24
26
156
158
168
161
161
162
977
886
2,558
3,177
3,226
3,574
3,825
_
_
_
International and regional:
Latin American regional......
Asian regional..............
_
2
Note: Data represent estimated official and private holdings of marketable
U.S. Government securities with an original maturity of more than one year.
Data shown as ox* end year 1969 through end year 1970 (first column) are
based on November 30,1968 benchmark survey of holdings and the regular
monthly reports of securities transactions (see Table CM-V-3). Data
shown for end year 1970 (second column) through latest date are based on
a benchmark survey as of January 31, 1971, and the monthly transactions
reports. For statistical convenience, the new series is introduced as
8
-
..4,048..
X
203
4,461
of December 31, 1970, rather than as of the survey date . 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 not involving purchases or salesthrough 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.
* Less than $500,000.
p Preliminary.
October 1972
117
_____________________________________CAPITAL M O VE M E N 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 the United States)
1972
Calendar year
1
Country
1970
1971
-4
81
4
x
97
200
x
16
14
-23
x
1
11
176
*
251
*
-2
x
*
x
85
2
*
35
48
1
15
37
-18
*
3
1
134
*
118
*
2
-1
7
2
2
15
35
x
5
-1
13
x
1
6
197
x
327
Total Europe................
Canada.......................
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.........
Latin America;
Argentina...................
Brazil.....................
Chile......................
Colombia....................
Cuba.......................
Mexico.....................
Panama.....................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
Apr.
1
3
x
x
5
3
x
8
x
x
x
1
2
29
x
54
_
x
*
-1
*
2
_
1
4
45
3
x
195
6
-1
29
46
20
x
2
-1
71
x
221
x
16
_
1
_
-
_
-
822
464
612
658
106
32
128
37
65
x
*
*
x
*
*
_
1
x
x
x
_
-2
1
x
x
x
_
-3
2
x
x
x
x
23
-9
x
-1
*
_
- 1
x
x
x
_
*
7
X
1
-1
1
-8
25
5
9
x
x
1
1
x
21
-3
x
25
19
1
*
Total Latin America..........
14
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................
1972
through
Aug. p
Mar.
1969
*
x
3
_
2
2
*
*
*
*
-12
1
2
_
3
x
x
x
6
x
X
X
X
X
X
40
-3
95
1
9
-3
6
4
X
X
X
X
X
X
4
6
8
6
4
12
1
5
6
19
X
20
-12
X
X
X
X
X
*
1
2
-3
X
X
1
21
1
42
X
X
X
X
71
4
-31
-
X
X
X
_
_
_
_
-16
_
15
X
I
63
121
148
41
62
-3
-1
11
23
x
_
x
X
X
*
X
_
_
X
X
_
-1
1
_
1
_
X
_
x
*
X
X
-1
_
17
5
X
*
X
X
-2
17
4
9
X
X
X
X
X
X
_
X
X
X
1
X
X
X
X
X
X
_
-2
X
X
X
X
X
*
X
X
X
X
*
X
X
X
X
*
X-
X
X
X
X
4
-2
*
X
-
X
15
3
X-
26
X
2
_
-
_
_
_
4
x
1
1
X
_
1
X
X
-
_
*
X
X
X
_
_
-
X
X-
X
X
11
6
-
x
282
*
x
x
-11
28
-2
*
-
*
*
x
x
1
X
*
38
3
-
22
-1
1
7
1
X
x
x
x
6
_
1
4
1
2
-3
-1
x
1
2
1
X
*
*
-1
Aug. p
27
-1
-4
3
-11
July p
X-
-
*
x3
June
X
1
*
-1
*
May
190
_
-
26
_
-
_
X
X
-
_
X
X
X
-
1
-1
_
_
X
-1
_
X
_
*
X-
_
X
X-
-
*
X
X
_
1
X-
1
1
X
X
293
192
27
11
8
1
-1
-
_
_
-
-
x
X
x
x
X-
_
-
-
x
x
_
_
*
-
x
x
1
1
_
_
X
4
X
X
X
X
X
X
X
*
-
-
X
X-
X
-
X
_
X
1
1
Other countries:
Australia...................
All other...................
Total other countries........
10
x
-14
1
-21
x
*
_
X
X
x
X
-
X
-
-
10
-12
-21
x
X
-
X
X
X
Total foreign countries........
866
632
645
1,032
298
90
170
179
48
70
International and regional:
International...............
European regional............
Asian regional..............
343
-7
324
x
-
39
x
-
138
x
x
23
-
115
-
14
-
31
X
-4
-
-44
X
324
39
138
23
115
-4
-4 4
684
1,171
321
Total international and regional■
Grand total....................
336
1,202
956
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
*
205
Preliminary.
Less than $500,000.
14
184
3 1
21Q
45
X-
X
-
26
Treasury Bulletin
118
CAPITAL MOVEMENTS.
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)
1972
Calendar year
1972
Country
1969
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..
Bahamas and Bermuda...........
Netherlands Antilles and Surinam
Other Latin America...........
Total Latin America...........
Asia:
China Mainland................
Hong Kong....................
India........................
Indonesia....................
Israel.......................
Japan........................
Korea........................
Philippines...................
Taiwan.......................
Thailand.....................
Other Asia....................
Total Asia...................
19
226
-1
1970
1971
-2
-10
3
38
-1
-7
87
131
-1
32
219
2
5
6
-3
168
-2
-49
-1
*-
150
216
-1
49
189
2
-2
5
-4
490
1
-245
58
195
1
38
128
3
2
3
-7
110
-2
-33
4
-71
7
Apr.
-5
1
-5
19
-12
-1
4
27
-9
-22
1
1
19
May
-1
July p
Aug. p
1
-53
3
10
1
-6
-44
2
2
-14
14
60
-13
2
6
8
1
1
1
1
68
1
93
-36
242
*
•*
138
-92
6
25
161
19
-14
*
18
6
-4
387
2
303
-1
56
95
2
4
-1
1
1
-1
-1
27
•*
*
46
20
-20
2
1
15
-2
5
]
-2
27
1
56
•*
-2
1,094
125
482
627
185
35
-93
-26
-23
62
33
-1
-3
-1
-1
2
3
-1
*
5
-1
2
-4
2
-3
-1
-1
6
•*
*
77
47
1
14
26
-4
47
136
55
3
2
10
-6
5
-1
-1
-4
-7
46
13
-3
-1
-6
14
-25
-39
-7
-1
1
2
9
-1
37
-67
13
50
-2
42.
-2
48
1
-4
-1
*
4
120
-12
-24
-5
-14
-7
1
-1
-3
6
-10
-1
-42
-25
-16
1
23
1
23
J£L
30
32
73
53
22
-45
236
78
55
32
-38
242
38
*
42
1
36
90
-1
-1
-10
-10
-1
-22
-2
*
1
1
16
-2
11
85
108
Africa:
Congo (Kinshasa)..............
Morocco......................
South Africa..................
United Arab Republic (Egypt)....
Other Africa..................
23
182
-1
Total Africa..................
Other countries:
Australia....................
All other....................
through
Aug. p
-1
-2
1
Total other countries...... .
Total foreign countries.........
International and regional:
International.................
European regional.............
Asian regional................
African regional..............
Total international and regional
Grand total....................
p
*
Preliminary.
Less than $500,000.
1,451
604
36
36
1,487
626
677
914
53
1
53
54
54
731
170
October 1972
119
— ----------------------------------------------------------------------CAPITAL MOVEMENTS,_________________________________________________
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)
1972
Calendar year
Country
1972
through
Aug. p
1970
1971
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
*
1
-3
9
1
*
-15
■X
10
11
2
*•
4
-1
36
■*
-19
-5
*
1
20
5
5
9
-2 1
*
22
5
4
1
6
2
43
*
-10
•*
*
•*
*
1
2
1
-1
-10
•*
7
2
-*
■*
■*
■*
■*
3
*
*
-
*
5
1
1
2
■*
*
6
1
1
■*
*
*
12
5
-*
-
*
*
*•
*
1
-1
■*
*
1
1
1
*
*
4
9
_
*
-
Total Europe................
117
108
32
93
5
24
Canada.......................
-970
-699
-405
-494
-78
8
2
1
53
-2
*
-2
-24
*
*
-17
-6
1
-1
1
*■
-*
*
4
1
*
-*
-1
*
Total Latin America..........
-69
10
-22
-1
5
2
*
-12
-5
1
3
12
-2
7
7
-4
-8
6
*
3
1
-72
1
1
1
Netherlands Antilles and Surinam
Other Latin America..........
1
-14
3
-3
-29
*
-1
-2
-15
-3
-12
7
-2
Asia:
China Mainland..............
Hong Kong...................
India......................
Indonesia...................
Israel.....................
Japan......................
Korea......................
Philippines.................
Taiwan.....................
Thailand....................
Other Asia..................
-1
-1
■*
-138
-4
-1
-7
-1
-6
-36
2
2
-3
-161
15
-4
-1
*■
1
14
9
2
-6
-209
-6
-24
*
*
*
2
9
1
-4
-132
-7
-7
*
*•
-*
4
_
1
•*
-1
-14
-6
*
*
■*
■*
-*
-195
-134
-232
-135
-20
_
3
*
*
1969
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.........
Latin America:
Argentina...................
Brazil.....................
Chile......................
Colombia................ .
Cuba......... .............
Mexico.....................
Panama.......................
Peru.........................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda...........
Total Asia..................
Africa:
Congo (Kinshasa)..............
Morocco..................... .
5
5
2
-24
14
*
-61
-169
-207
3
20
1
*
*
•*
-1 1
*
*
*
*
1
-6
*
-*
1
*•
1
*
*
*
1
■X
1
*
-2
6
*
¥r
4
*•
*
■*
*
*
_
*
-1
*
*
2
-*
-3
1
*■
*
■*
*
_
-8
*
•*
*
1
*
-1
*
-*
-34
*
-14
6
-6
_
4
_
*
*
-1
-26
-3
_
*
•*
*
-*
*
-37
1
*
*
1
*
-5
¥r
2
_
*
■*
*
-1
-19
3
-7
•*
*
*
■*
*
1
-14
1
*
*
*
•*
1
_
-1
-10
2
_
_
-*
*
1
-17
-30
-24
-12
-8
_
_
_
_
*
_
-16
-6
_
_
*
10
*
4
*
1
*
*
■*
2
1
2
•*
34
10
5
2
*
2
2
-578
-577
-82
-2
-189
-240
10
32
-277
*
16
-50
-157
2
7
*
15
4
10
77
-2
*
-311
-888
17
8
13
10
28
6
Total other countries........
25
23
Total foreign countries........
-1,096
-695
54
6
6
66
-177
Preliminary.
Less than $500,000.
24
23
4
27
Other countries:
Australia...................
All other...................
p
*
10
*
-7
-951
4
*
2
- 1 ,0 2 9
17
*
-2
Grand total...................
*
2
1
1
6
-1
*
4
-2
*•
■*
*
*
9
4
*
-
*
-4
Total international and regional
*
8
*
*
*
-7
*
2
*
*
•*
-1
1
1
5
*
_
-
■*
-1
Total Africa................
-256
1
*
1
1
1
1
-1
*
*
3
1
•*
1
1
3
-7
_
*
•
_
June
*■
_
-9
-8
*
*
*
-7
-8 0
*
-*
Aug. p
May
_
3
3
South Africa................
United Arab Republic (Egypt)....
Other Africa................
_
■X*
-2
1
-5
July p
Apr.
_
*
*
*
•*
-4
International and regional:
International...............
European regional............
Latin American regional.......
Asian regional..............
Mar.
*
-*
_
1
-
*
2
*
1
-X
-148
15
6
3
-725
-67
4
-186
1
*
*
*
10
-230
1
*
78
-2
88
30
_
_
Treasury Bulletin
120
______________________ CAPITAL M OVEM ENTS________________________
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
Country
1972
1969
Europe:
Austria.......................
-1
-1
x
x
-8
20
Greece........................
Italy.........................
Netherlands....................
Portugal......................
Sweden........................
United Kingdom.................
X
7
63
X
through
Aug. p
X
X
6
1
20
X
-19
X
X
X
X
X
-3 0
-2
-2 4
X
-14
-4
8
35
-1
X
1
1
142
-2
-9
48
X
2
70
X
-
-
-
-1
10
3
-6
6
*
X
*
3
X
-3
X
X
X
X
X
18
10
10
X
X
X
32
X
14
X
5
X
X
30
X
X
-3
X
X
X
*
X
X
X
X
X
X
X
37
X
X
25
X
54
X
14
X
4
-
7
X
*
*
4
-161
-4 3
-7 5
X
23
X
2
8
X
-
X
-4 4
-5 8
1 1 4 . ..
X
-1
-8
-3
*
*
6
-
1
*
9
-
2
X
-
-
X
X
X
X
-
-
-
*
-
-
-
-
-
“
-
-
6
259
53
31
58
23
26
26
120
60
4
X
20
29
1
26
6
9
X
X
X
X
-1
X
X
X
X
_
_
X
*
X
*
X
X
X
X
X
X
X
X
_
-
_
_
_
-
-
-5
X
1
-6
-6
1
-2
-1
X
X
-1
1
-1
*
X
X
X
X
X
X
X
X
X
_
X
X
X
X
X
X
X
X
*
X
X
-3
X
X
X
X
X
X
X
-2
18
*
X
5
X
-13
X
-9
-18
X
-2 9
-21
-3 8
-7
15
-1
X
-
_
-1
1
India.........................
X
X
X
X
X
X
X
-3
1
-6
X
-16
X
-3
X
X
4
X
18
X
-2
X
X
*■
X
*
X
-3
X
X
1
3
14
_
_
1
X
X
X
X
_
X
-
*
-
-3
X
-2
X
-4
-
9
X
-
*
1
-2
-1
X
*■
X
-301
1
X
6
-
2
3
*
X
X
-19
2
X
-4
X
-2
2
X
-
-3
-
-
-
-1
-8
X
X
*
X
X
X
X
*
-2
-1
X
5
*
X
-
X
5
X
-12 5
X
-13 4
X
-2 5
_
-14
1
-2
X
X
X
9
X
-6 3
X
-4 9
X
16
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
1
X
*
2
-3
-2 7 9
5
-13 4
-15 0
Africa:
X
X
X
X
_
X
_
-2
-2
-2
-1
X
X
X
X
-1
X
-2
-6
-3
X
-3
X
-6
-3
-5 17
-1
-1
-5 17
Preliminary.
Less than $500,000.
*
3
*
X
1
p
*
*
3
*
6
X
X
-
Total international and regional
X
X
1
Aug. p
3
X
X
1
July p
X
-3
X
8
International and regional:
International...............
Asian regional...............
X
June
X
Hong Kong....................
Other countries:
Australia.....................
X
-12
8
May
X
Asia:
China Mainland.................
United Arab Republic (Egypt)....
8
Apr.
X
-15 8
Philippines...................................................................
Mar.
X
-
Venezuela..................
Other Latin American Republics...
Bahamas and Bermuda............
Netherlands Antilles and Surinam.
1971
X
1
Chile.........................
1970
X
X
Latin America:
Argentina.....................
1972
33
2
2
35
-2
-2
-2
-4 9
1
1
-4 9
X
X
-5
-6
X
-2 7
_
_
X
_
-5
-5
X
X
X
X
X
X
-19
9
-
X
X
X
X
X
X
2
*
X
X
*
X
X
-
X
-
-2
X
X
X
3
X
-
_
X
15
3
-
-
X
22
-4 8
-7 1
_
_
X
_
-2
... T7S..
X
107
*
X
*
X
_
_
X
X
X
-
X
X
X
X
X
X
-4 3
-5
62
-1
X
X
X
X
-
*
-
X
X
X
-1
X
X
X
X
X
-43
-5
63
1
3
ldo
20
16
107
.
121
October 1972
____________________ CAPITAL M OVEM 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 August 1972 Preliminary
(In millions of dollars)
Gross purchases by foreigners
Country
Domestic securities
Marketable
Corporate and
Total
U.S. Govern other
purchases ment bonds
and notes
Bonds
Stocks
Gross sales by foreigners
Domestic securities
Foreign securities
Bonds
Stocks
Total,
sales
Foreign securities
Marketable
Corporate and
U.S. Govern other
ment bonds
and notes
Stocks
Bonds
Bonds
Stocks
Europe:
Netherlands....................
Switzerland....................
United Kingdom.................
Other Western Europe............
Other Eastern Europe............
_
_
_
-
1
12
1
x
9
12
x
10
7
19
x
*
1
41
-
X
40
X
76
15
_
_
135
81
2
15
54
3
2
3
2
339
2
212
x
2
_
_
1,330
40
206
920
76
311
63
32
119
24
x
x
x
x
x
1
-
2
x
x
X
X
X
-
X
*
X
X
X
-
4
6
_
2
1
_
1
1
_
17
15
X
X
X
X
X
X
X
X
1
X
*
7
1
_
2
1
X
X
14
13
7
82
4
1
158
101
3
32
85
23
2
5
5
417
2
386
*
17
_
*
-
-
-
5
59
2
X
X
X
5
1
1
7
5
6
_
_
7
4
X
X
5
2
1
X
23
X
X
X
1
3
61
2
X
83
108
1
17
63
3
1
3
8
321
_
_
_
_
X
X
*
-
5
1
X
30
289
X
X
X
X
_
_
_
_
2
_
X
88
72
9
2
X
X
_
_
_
_
_
1
20
29
X
17
X
X
X
_
_
2
3
_
25
_
_
_
X
5
_
3
7
X
3
49
1
X
X
X
3
25
X
75
94
1
10
45
2
1
3
2
271
X
92
_
X
119
X
X
X
4
4
X
X
X
_
4
1
1
5
X
X
1
4
1
X
12
X
X
-
X
X
X
X
11
_
25
_
12
_
28
X
X
_
_
X
2
_
_
X
_
_
967
30
144
678
52
62
187
4
23
113
4
42
X
X
Latin America:
Brazil........................
Chile.........................
Peru..........................
Venezuela......................
Other Latin American Republics...
Bahamas and Bermuda.............
Netherlands Antilles and Surinam...
Other Latin America.............
Total Latin America.............
Asia:
China Mainland.................
11
-
*
-
1
1
-
-
-
7
8
x
-
*
-
*
-
x
x
5
3
_
4
2
66
41
1
144
-
23
India.........................
Indonesia......................
Israel........................
Japan.........................
Korea.........................
Philippines....................
Taiwan........................
Thailand......................
Other Asia.....................
*
x
6
867
-
-
9
3
1
53
36
1
108
-
-
-
-
*
22
x
X
-
-
X
-
x
4
27
-
769
-
*
-
X
2
-
*
2
*
_
_
x
X
X
-
*
*
*
X
_
_
X
X
X
-
X
_
5
12
X
X
X
X
X
X
_
_
_
X
_
_
X
X
X
5
3
9
-
-
-
-
-
1
_
_
1
4
_
-
X
22
3
1
14
678
-
X
X
_
X
67
_
X
X
1
X
_
X
X
X
X
_
_
_
584
_
_
_
_
4
5
47
45
2
124
21
3
X
_
X
2
26
X
2
_
_
X
1
X
X
*
X
_
8
1
_
X
*
_
X
_
1
1
_
X
X
*
3
2
_
21
8
-
1
_
_
1
64
X
_
1
11
2
_
_
_
_
X
_
_
1
1
7
X
6
X
X
7
68
726
584
2
60
14
66
X
_
_
X
_
_
X
•X
*
X
-
_
_
_
120
_
_
1
X
X
-
*
X
122
120
1
1
X
X
3
_
-
*
1
2
X
X
x
x
1
_
121
Total Africa...................
Other countries:
Australia.....................
All other.....................
-
*
-
-
X
X
Total other countries...........
3
-
x
Total foreign countries...........
2,83i
992
249
1,212
1$3
65
x
3
-
-
9
-
11
-
*
40
3
-
68
43
2,887
1,035
* Less than $500,000.
X
_
_
_
_
10
1
8
769
Grand total.....................
X
X
64
909
Total international and regional...
1
X
1
9
Total Asia.... ................
Africa:
Congo (Kinshasa)...............
Morocco.......................
South Africa...................
United Arab Republic (Egypt).....
Other Africa........... .......
International and regional:
International..................
European regional..............
LatiD American regional.........
Asian regional.................
African regional...............
5
5
64
52
2
162
X
1
2
X
X
1
_
X
X
1
2
1
X
X
1
-
X
_
-
X
-
X
1
_
_
_
_
_
_
_
_
1
X
_
X
X
-
_
-
1
-
X
1
_
-
X
X
-
X
92
, 172...
X
1
-
X
241
2,045
619
179
5
X
65
X
_
-
2
_
_
_
2
-
53
_
_
_
-
5
_
_
_
_
7
_
_
_
-
_
_
_
_
_
-
.
m
-
-
-
X
-
X
-
-
-
-
-
9
11
5
X
68
2
53
5
7
258
1,224
129
242
2,112
621
232
982
98
179
Treasury Bulletin
122
________________________________________________CAPITAL M OVEM ENTS__________________________________________________
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 1971
(In millions of dollars)
Gross purchases by foreigners
Domestic securities
Country
Europe:
Austria........ ................
p<=T)giutii-t.nxernibonirg......
Denmark............. .
Fi tiTand .......................
....... .
Germany......... ............ .
Greece........... ................
Tt.aTy... ................
Nether*! anrip.......
Norway............... ...........
Portugal....... .......... .. n....
Spain......... ............. .
Sweden.............. ............
Switzerland..................... .
Turkey.................... ..... .
United Kingdom...... .............
Yugoslavia...... ........ .
Other Western Europe..............
Other Eastern Europe.............
Marketable
Corporate and
Total
U.S. Govern other
purchases ment bonds
and notes
Bonds
Stocks
35
985
20
10
1,176
1,006
9
262
915
50
10
66
66
3,755
1
2,927
*
93
3
Total F»iT*np<=!..............
3,314.
Latin America:
Argentina................. .
Brazil............... ...... .
Chile...........................
Col OTTfhia ........ .
Cuba........ ....................
Mexico......... ................
Panama.............................
Peru............................
Uruguay.........................
Venezuela......... ...... .......
Other Latin American Republics....
Bahamas and Bermuda..............
Netherlands Antilles and Surinam...
Other Latin America..............
Total Latin America....... ......
2
■*
_
*
117
91
3
10
1
4-5£
1,764
95
1
2
20
1
7
_ . k m
22
2,838
76
71
14
4
13
■*
*
2,892
1
2
*
-L,
9
7
8
*
•*
*
*
12
*
144
89
*
*■
9
6
1
1
20
17
*
1
80
*
20
10
1
2
3
**
5
*
-*
257
-*
3
7
43
37
897
575
*
■*
*
233
25
6
260
527
25
16
2
6
-
1
Stocks
2
1
71
3
4
41
47
*
25
23
5
30
*
1
2
7
115
*
245
-
2
57
25
*
6
41
*
*
6
*
87
*
199
*
11
1
*
*
71 ,40
ll'X
602
4->?
1.546
1.040
464
cry
X
/
4
39
18
*
2
7
2
6
3
2
8
4>
*
1
1
*
*
*•
75
47
*
481
6
12
4
*
*
x
3
29
35
*
1
142
1,483
162
96
3
5
2
13
*•
*
4
212
3
1
11
*-
32
x
*
1
8
*
*
15
11
1,884
1
20
1
*
■*
*
4
•*
*
3
1,446
Bonds
20
*
86
1
37
28
738
*
1
4
4
54
a
239
25
24
*
7
382
*
2
6
2
5
*
*
61
4
2
24
335
307
410
_
*
*
1
1
5
2
82
*
*
106
23
444
75
276
1,183
_
_
*
*
*
*
5
*
*■
_
3
_
1
1
3
•*
8
7
*
9
*51
*
1
36
*
6
9
*
*
13
i
n
±U
0
Dl
36
*
13
9
4
4
32
1
34
*•
21
1
•*
1
4
6
2,123
Total Africa.....................
27
J.
Other countries:
Australia.......................
All other............. ..........
37
_
Total other countries......... .
44
8
12.224
5
27
253
*
538
*•
19
4
44
4/
58
4
73
11
1
54
153
1
57
60
3,304
3
1
*
3
1
784
494
4
*
*■
5
6
140
518
509
96
44
•*
30
33
6
92
4
15
3
61
19
*•
*
1,748
*
•*
*
956
708
9
499
5
33
1
1
11
10
212
616
2
8
8
3.651
1
2
1
*
*
4
7
■*
27
702
10,182
1
*
262
16
1,097
847
4
135
*
*
42
63
*
41
33
7
584
1
6
1
-
461
70
76
*
•*
11
1
7
7
■*
*
295
5
33
938
2
*
27
3
21
Total
sales
Foreign securities
Marketable
Corporate and
U.S. Govern other
ment bonds
and notes
Bonds
Stocks
42
-
3
7
1,520
*
*
9
*
16
6
Domestic securities
464
9
-
1
8
2
161
2
112
0-?4
1
_
152
*
226
_
*
■*
3
*
635
1,893
*
8
1
6
6
8
111
1.454
*
*
*•
16
42
32
*
35
34
1
36
•*
*
33
32
*
547
1,397
*
19
_
52
25
962
574
4
46
12
6
2
*
1
3
67
Stocks
*
1
*
_
_
*
51
19
3,005
Bonds
■*
123
*
*
•*
*
2.566
Less than $500,000.
21
8
*
*
*
21
6
12
10
8
46
32
*•
31
3
30
740
7
*
1,044
839
172
737
64
Total Asia......................
Total international and regional...
1
34
450
*
865
_
4
5
84
International and regional:
International....................
European regional................
Latin American regional..........
Asian regional...................
57
98
5
*
*
_
*
_
_
7
37
_
315
2,111
Total foreign countries..... ......
2
2
2
1
Asia:
China Mainland...................
Hong Kong.......................
India........ ..................
Indones ia......... .......... .
Israel.................... ......
Japan........ ..................
Korea...........................
Philippines....... ..............
Taiwan......... ................
Thailand....... ........... .....
Other Asia............ ..........
Africa:
Congo (Kinshasa)......... .......
Morocco.................... .
South Africa....................
United Arab Republic (Egypt)......
Other Africa...... ..............
142
Gross sales by foreigners
Foreign securities
2,276
_
*
5
38
1
35
*
21
2?495
11,536
1,546
1,382
16,997
n•'v4
xj
1,850
10,858
118
3
851
4
413
128
824
138
452
90
20,059
2,414
2,947
11,626
■*
*
6
1
7
*
■*
791
p
31
*
10
1
452
_
89
]_
_
21
2
3
*
*•
*
j
4
36
*
0
2
_M32„
3
tL
c;
_
50
141
3
912
8
413
36
452
1,687
1,385
17,909
742
2?263
10,894
2,575
I
2
*
”
50
1.434
October 1972
123
________________________ 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)
1972
1971
Calendar year
Country
Europe:
Austria......................
Belgium-Luxembourg............
Denmark......................
Finland......................
France.......................
Germany......................
Greece.......................
Italy........................
Netherlands...................
Norway.......................
Portugal.....................
Spain........................
Sweden.......................
Switzerland...................
Turkey.......................
United Kingdom................
Yugoslavia...................
Other Western Europe..........
U.S.S.R......................
Other Eastern Europe..........
Total Europe..................
Canada.........................
Latin America;
Argentina....................
Brazil........ ..............
Chile........................
Colombia.....................
Cuba.........................
Mexico.......................
Panama.......................
Peru............ .............
Uruguay......................
Venezuela....................
Other Latin American Republics..
Bahamas and Bermuda...........
Netherlands Antilles and Surinam
Other Latin America..... .....
Total Latin America...........
Asia:
China Mainland................
Hong Kong....................
India........................
Indonesia....................
Israel.......................
Japan........................
Korea........................
Philippines..................
Taiwan.......................
Thailand.....................
Other Asia...................
Mar.
June p
1967
1968
1969
1970
June
Sept.
Dec.
2
6
1
14
1
2
19
1
17
1
1
19
1
*
16
*
Ik
*
*
1
16
1
19
15
26
20
*
-x-
15
11
-*
9
11
2
*
3
3
115
*
31
22
1
16
22
3
1
7
3
239
■*
*
*
•*
*
*
28
24
19
19
8
12
1
26
17
1
16
14
1
■*
3
1
153
18
14
*
1
14
1
*
*
*
*
19
12
2
17
11
1
10
10
1
*
■*
*
*
6
1
100
10
2
114
7
1
91
k
1
73
19
22
*
8
16
2
3
5
1
82
^3
k9
56
*
*
*
■*
-*
*
*
-*
30
67
61
40
60
44
*
-*
*
*
*
*
*
*
9
9
1
6
5
1
84
•*
2
1
1
1
1
1
1
*
*
*
*
*
*
*
*
_
1*
*
l
_
*
210
430
294
243
292
229
193
226
234
50
87
52
36
36
27
56
38
22
1
1
1
2
1
1
1
*
6
6
1
2
7
2
34
20
1
1
*
*
1
1
*
*
*
*
■*
*
*
*
2
*
1
2
3
19
10
*
1
3
1
11
8
*
*
5
2
1
2
4
1
11
4
*
*
34
82
1
1
2
4
*
*
-*
•*
*
*
*
*
*
*
*
-*
*
*
-*
*
3
3
1
1
5
1
34
14
3
3
*
1
5
1
15
11
5
4
■*
1
5
1
15
15
5
3
*
1
3
1
13
14
*
*
*
k
k
1
_
■*
4
3
*
1
2
1
11
9
-*
*
*
*
*
*
*
64
40
48
45
k3
3^
32
9
-
_
18
11
*
*
*
*
-
*
*
-
-
6
12
10
19
22
21
*
*•
•*
*
*
*
*
-*
*
*
*
*
1
1
5
1
1
1
1
1
1
*
*
*
*
*
*
2
*
1
*
*
1
*
*
2
*
*
2
1
2
*
■*
-*
*
■*
■*
■*
1
*
*
6
11
*
■*
7
3
*
•*
7
2
*
*
5
3
*
•*
8
•x-
5
k
1
*
*
3
15
34
21
27
39
31
17
2k
21
*
*
-*
*
1
*
*•
*
*
*
*
*
*
*
*
*
*
■*
■*
•*
1
1
1
1
1
1
1
2
1
2
3
1
*
1
1
*
*
*
*
1
1
•*
*
■*
*
1
*■
1
Other countries:
Australia....................
All other....................
■*
■*
1
*
1
*•
1
*
1
*
1
*
1
*
1
*
1
*
Total other countries.........
*
1
1
1
1
1
1
1
1
Total foreign countries.........
311
636
434
349
419
333
311
325
312
International and regional......
-
-
-
-
-
-
-
-
-
Grand total....................
311
636
434
349
419
333
325
312
Total Asia...................
Africa:
Congo (Kinshasa)..............
Morocco......................
South Africa..................
United Arab Republic (Egypt)....
Other Africa..................
Total Africa..................
-*
*
Note: 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
p
*
carried by foreigners,
Preliminary.
Less than $500,000.
311
1
4
*
*
1
2
Treasury Bulletin
_________________________ 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)
Calendar year
1971
1972
Country
Europe:
Austria... *................
Belgium-Luxembourg...........
Denmark.....................
Finland.....................
France......................
Germany.....................
Greece......................
Italy......................
Netherlands.................
Norway......................
Portugal....................
Spain......................
Sweden......................
Switzerland.................
Turkey......................
United Kingdom...............
Yugoslavia............... .
Other Western Europe.........
U.S.S.R.....................
Other Eastern Europe.........
1967
1968
1969
1970
June
*
2
1
*
10
13
1
9
5
*
X
3
2
74
X
23
2
_
X
X
15
X
X
22
20
1
13
12
1
X
5
1
106
X
41
1
_
X
X
5
1
X
12
14
X
9
12
1
X
2
1
50
X
37
X
1
_
-
X
9
X
X
16
20
1
12
8
1
X
3
1
38
X
44
X
1
X
X
X
7
X
X
16
26
1
18
7
X
X
5
1
32
X
34
X
1
_
X
X
13
X
X
12
30
1
19
11
X
X
6
1
33
X
29
X
1
_
X
Sept.
Dec.
Mar.
June p
*
10
*
*
15
*
37
*
1
*
20
1
1
5
1
87
*
35
2
*
X
8
X
X
14
25
1
14
7
X
1
6
1
64
X
42
X
1
X
155
212
186
52
29
1
1
X
1
X
8
5
X
1
5
1
14
9
X
*
6
*
*
18
23
1
9
12
*
*
5
1
b2
2b
1
12
Total Europe................
146
239
146
155
148
159
Canada.......................
71
141
61
49
41
42
Latin America:
Argentina...................
Brazil......................
Chile......................
Colombia....................
Cuba.......................
Mexico......................
Panama......................
Peru.......................
Uruguay.....................
Venezuela...................
Other Latin American Republics..
Bahamas and Bermuda..........
Netherlands Antilles and Surinam
Other Latin America..........
3
1
X
X
X
6
5
X
1
3
1
15
4
X
3
X
1
X
X
5
4
1
3
2
X
38
18
X
3
X
1
X
X
3
4
X
1
3
1
24
6
X
2
1
X
X
X
3
4
X
X
4
1
21
5
X
2
1
X
1
X
5
7
X
X
6
1
20
7
X
5
1
X
X
X
6
6
X
X
7
1
16
13
X
1
21
llf
*
1
*
*
1
*
7
5
*
*
5
In
18
11
*
Total Latin America..........
40
77
45
41
51
56
52
50
46
19
X
X
1
1
X
1
X
X
17
18
X
X
X
1
X
10
X
X
18
12
X
X
1
X
X
2
X
2
7
23
X
X
2
1
X
1
X
X
6
40
X
X
1
4
X
2
X
X
8
-
b
_
52
*
*
2
2
*
1
*
1
5
62
X
X
2
2
X
2
X
1
7
40
49
24
35
57
45
X
X
1
3
X
1
1
X
9
61
53
63
75
X
X
X
*
1
X
X
1
X
X
X
X
1
X
X
X
X
1
X
1
2
1
*
*
1
*
1
1
X
X
1
X
1
1
X
X
1
X
1
2
*
*
*
*
*
2
X
X
X
X
1
1
Other countries:
Australia...................
All other...................
X
X
X
X
1
X
X
X
1
X
1
X
*
*
1
*
1
X
Total other countries.........
X
X
1
1
1
1
1
1
1
Total foreign countries.........
298
508
278
281
300
320
31^
379
339
International and regional......
-
-
-
-
-
-
-
-
_
Grand total....................
298
508
278
281
300
320
379
339
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................
Note:
Data represent the money debit balances (due from foreigners),
as appearing on the books of reporting brokers and dealers in
the United States, in accounts of foreigners with them, and in
p
*
1
*
*
*
*
5
k
*
*
k
ho
*
*
3
k
*
1
*
X
3lb
their accounts carried by foreigners,
Preliminary,
Less than $500,000.
2
October 1972
125
■FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDSL
Section III - Federal Credit Programs
Table GA-III-1. - Direct Sales and Repurchases of Loans
(In millions of dollars)
Housing and Urban Development Department
Fiscal year
or month
Sales
Farmers Home
Administration
Export-Import
Bank of the
United States
Total
Repur
chases
_
-
Sales
336
436
124
63
153
91
379
406
269
248
Repur
chases
_
1963.........
1964........
1965........
1966........
1967........
1968.........
1969........
1970........
1971........
1972........
1,275
1,150
936
696
954
1,070
1,337
2,115
2,548
3,049
92
213
428
842
305
770
1971-Aug.....
Sept....
Oct.....
Nov.....
Dec.....
255
368
150
268
109
138
55
83
34
60
1972-Jan...
Feb.....
Mar.....
Apr.....
May.....
June....
July....
Aug.....
523
234
109
490
159
67
368
94
110
68
95
28
24
44
30
48
*
n. a.
57
6
*
10
_
n^a.
Fiscal 1973
to date.....
462
78
*
-
-
84
13
1
49
32
_
29
12
16
-
-
261
4
187
_
24
-
15
75
-
Sales
y
Repur
chases
_
133
119
157
391
729
974
959
1,668
2,005
2,435
50
174
405
569
287
563
171
352
136
92
63
137
29
81
33
43
523
45
97
475
124
51
34
66
36
20
23
32
341
51
30
46
392
76
-
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
through Sept. 30, 1968 $296 million.
Government
National Mortgage
Association 1/
Sales
307
144
264
6
-
Repur
chases
_
Small Business
Office of Secretary Administration
2/
Sales
Repur
chases
_
Sales
Repur
chases
_
_
-
5
5
31
120
2
*
*
30
-
_
2
15
6
*
2
1
Veterans
Adminis tration
Sales
Repur
chases
460
342
327
105
71
2
*
38
244
368
_
_
_
_
41
24
17
12
12
19
1
2
2
1
2
1
2
3
-
-
-
-
-
-
34
104
33
11
_
-
_
_
_
_
_
_
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
_
_
_
_
_
-
-
-
-
-
-
-
-
-
-
1
*
*
_
-
-
-
-
-
-
-
-
-
-
-
-
-
_
3
14
127
14
*
160
*
15
35
27
^3
-
-
-
-
70
-
-
-
-
1
2
2
2
1
2
2/ Includes college housing, elderly housing, and public facility loans,
j/ Sales by fiscal years 1963-1966 are on basis of actual figures shown
in the Budget document and include initial sales of loans from credit
insurance funds. The monthly figures are on basis of agency reports.
* Less than $500,000.
n.a.
Not available.
Treasury Bulletin
1 26
CUMULATIVE TABLE OF CONTENTS
November 1971 through October 1972
Issue and page number
1971
1972
Sections
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
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
10
11
10
11
10
11
10
11
10
11
10
11
June
July
Aug.
Sept.
Oct.
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
6
7
1
2
4
5
6
7
10
11
10
11
10
11
10
11
9
10
9
10
11
11
13
14
16
Article:
Federal 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
Loan disbursements and repayments, net lending, and
loan balances of Federal Credit Programs.........
Detail of excise tax receipts.....................
Accountability of the Treasurer of the U.S. on an
accounting basis..............................
Summary of internal revenue collections by States,
and other areas...............................
Federal obligations..............................
Account of the Treasurer of the United States:
Status of the Account of the Treasurer of the United
States......................................
Analysis of changes in tax and loan account balances.
Summary of cash transactions through the Account of
the Treasurer of the United States..............
Gold assets and liabilities of the Treasury........
Monetary statistics:
Money in circulation............................
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 market
able interest-bearing public debt...............
Special public debt issues......................
Interest-bearing securities issued by Government
Participation certificates......................
Debt subject to statutory limitation..............
Status and application of statutory limitation.....
Treasury holdings of securities issued by Government
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 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..........
12
14
12
13
12
...
...
13
17
13
13
15
14
16
17
20
21
16
17
16
17
21
22
18
18
22
22
18
18
18
18
19
23
19
20
24
20
...
...
...
13
15
13
17
18
16
17
18
19
16
17
13
14
18
19
20
21
23
23
19
19
18
18
20
20
18
18
15
15
20
20
22
22
19
24
20
19
21
19
19
21
23
20
25
21
20
22
20
17
22
24
20
21
17
18
22
23
24
25
20
21
24
25
20
21
20
21
25
26
21
22
20
21
22
23
21
22
25
26
21
22
21
22
26
27
22
23
21
22
23
24
21
22
18
19
23
24
25
26
23
24
25
26
27
28
29
30
23
24
25
26
23
24
25
26
28
29
30
31
24
25
26
27
23
24
25
26
25
26
27
28
23
24
25
26
20
21
22
23
25
26
27
28
27
28
29
30
27
31
27
27
32
28
27
29
27
24
29
31
28
32
33
28
29
29
28
29
33
34
29
30
28
29
30
31
28
29
25
26
30
31
32
33
31
35
31
31
36
32
32
34
32
28
33
35
34
38
34
34
39
35
35
37
35
32
36
38
37
41
37
37
42
38
38
40
38
35
39
41
39
43
39
39
44
40
40
42
40
37
41
43
42
46
42
42
47
43
43
45
43
40
44
46
46
50
46
46
51
47
47
49
47
45
48
50
56
61
57
58
64
59
59
62
60
59
57
59
58
63
59
60
66
62
62
65
63
62
59
61
62
63
65
65
66
68
63
64
66
62
63
65
59
60
62
61
62
64
66
...
...
...
66
67
58
59
61
62
63
64
66
<
59
60
62
60
61
63
66
67
69
64
65
(Continued on following page)
62
63
65
:::
October 1972
127
CUMULATIVE TABLE OF C O N TE N TS___
November 1971 through October 1972 (Continued)
Issue and page number
1971
1972
Sections
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
United States savings notes:
Sales and redemptions by periods...................
63
67
63
66
70
66
67
69
67
68
63
65
Ownership of Federal securities:
Distribution by classes of investors and types of
issues.......................................
Estimated ownership by private investors............
64
65
68
69
64
65
67
68
71
72
67
68
68
69
70
71
68
69
69
70
64
65
66
67
Treasury Survey of ownership........................
66
70
72
70
71
66
68
78
...
Treasury survey-commercial bank ownership.............
70
.. .
Market auotations on Treasury securities:
End-of-month closing quotations by issues...........
Chart - Yields of Treasury securities...............
Average yields of long-term bonds:
Average yields of Treasury, corporate and municipal
bonds by periods................................
Chart - Average yields of Treasury, corporate and
municipal bonds.................................
International financial statistics:
U.S. reserve assets..............................
U.S. liquid and nonliquid liabilities to foreign
official institutions, and liquid liabilities to all
other foreigners................................
U.S. liquid and nonliquid liabilities to official
institutions of foreign countries, by area.........
Nonmarketable U.S. Treasury bonds and notes issued to
official institutions of foreign countries.........
U.S. position in the IMF..........................
U.S. net monetary gold transactions with foreign coun
tries and international and regional organizations....
69
73
76
...
.. .
...
76
78
73
75
81
83
80
82
76
78
77
79
79
81
77
79
64
86
73
75
75
77
75
79
76
84
83
79
80
82
80
87
76
78
76
80
77
85
84
80
81
83
81
88
77
79
81
82
...
78
79
•
69
...
72
74
Exchange Stabilization Fund:
Balance sheet...................................
Income and expense...............................
National bank reports:
Income, expenses, and dividends for calendar year 1971
66
...
.. .
.•
77
•
••
84
•
82
83
80
81
••
...
83
82
85
84
89
78
82
86
84
83
86
85
90
79
83
87
85
84
87
86
91
80
84
89
90
88
89
86
87
85
86
88
89
87
88
92
93
81
82
86
65
91
90
88
87
90
89
94
83
87
89
88
94
93
91
90
93
92
97
86
90
97
96
102
102
99
98
101
100
105
94
98
104
81
80
86
85
78
82
79
83
81
87
82
88
80
81
84
85
83
84
82
86
85
93
85
Capital movements between the United States and foreign
countries:
Liabilities to foreigners reported by banks in the
United States...................................
Claims on foreigners reported by banks in the United
States........................................
Liabilities to foreigners reported by nonbanking
concerns in the United States.....................
Claims on foreigners reported by nonbanking concerns
in the United States............................
Transactions in long-term securities by foreigners re
ported by banks and brokers in the United States....
Foreign credit and debit balances in brokerage accounts
99
103
102
108
109
105
104
107
106
111
100
103
107
106
112
113
109
108
111
110
115
104
108
109
118
113
122
112
121
118
127
119
128
115
124
114
123
117
126
116
125
121
130
110
119
114
123
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 fundi
121
122
...
...
...
Financial operations of Government agencies and funds:
Government corporations and other business-type
activities:
Statements of financial condition................
Statements of income and expense.................
Statements of source and application of funds......
Regular Governmental activities:
Statements of financial condition................
Federal credit programs:
Direct sales and repurchases of loans.............
Loans outstanding, excluding interagency loans.....
Trust funds:
Civil Service Retirement and Disability Fund.......
Federal Old-age and Survivors Insurance Trust Fund...
Federal Disability Insurance Trust Fond.........
Federal Hospital Insurance Trust Fund.............
Federal Supplementary Medical Insurance Trust Fund...
Railroad Retirement Accounts....................
Unemployment Trust Fund.........................
National Service Life Insurance Fund..............
Investments of specified trust accounts...........
124
127
128
130
...
125
149
...
130
••.
•••
126
149
159
160
174
...
...
129
•••
153
169
170
175
...
123
...
158
159
162
173
174
174
175
175
176
178
179
163
I
64
164
165
165
166
168
169
130
175
176
177
177
158
159
127
...
132
133
134
135
135
178
136
178
179
137
181
139
182
14u
136"
121
125
...
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUM ENTS
W ASHINGTO N, D.C .
20402
O F F IC IA L B U S IN E S S
P E N A L T Y F O R P R IV A T E U SE T O A V O ID
P A Y M E N T O F P O S T A G E , 5300
(G P O )
@FedFRASER