Full text of Treasury Bulletin : October 1980
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Treasury Bulletin
October 1980
DEPARTMENT OF THE TREASURY
WASHINGTON,
OFFICE OF THE SECRETARY
D.C.
October 1980
CONTENTS
Page
Article
VI
Treasury Financing Operations
-
FEDERAL FISCAL OPERATIONS
FFO-l.
-
Summary of Fiscal Operations
1
FFO-2.
-
Budget Receipts by Source
3
Chart
-
Budget Receipts by Source
5
FFO-3.
-
Budget Outlays by Agency
6
FFO-4.
-
Undistributed Offsetting Receipts
8
FFO-5.
-
Budget Outlays by Function
FFO-6.
-
Investment Transactions of Government Accounts in Federal Securities (Net)
11
FFO-7.
-
Trust Funds Transactions
12
ACCOUNT OF THE
9
U.S.
TREASURY
UST-1.
-
Status of the Account of the U.S. Treasury
14
UST-2.
-
Elements of Changes In Federal Reserve and Tax and Loan Account Balances
15-
UST-3.
-
Gold Assets and Liabilities of the Treasury
1^
MONETARY STATISTICS
MS-l.
-
Currency and Coin In Circulation
1^
FEDERAL DEBT
FD-l.
-
Summary of Federal Debt
^®
FD-2.
-
Computed Interest Charge and Computed Interest Rate on Interest-Bearing
Public Debt
^^
FD-3.
-
Interest-Bearing Public Debt
FD-A.
-
Government Account Series
20
FD-5.
-
Interest-Bearing Securities Issued by Government Agencies
21
FD-6.
-
Participation Certificates
22
-
Maturity Distribution and Average Length of Marketable Interest-Bearing
Public Debt
23
FD-7.
FD-8.
-
Debt Subject to Statutory Limitation
FD-9.
-
Statps and Application of Statutory Limitation
FD-10.
-
Treasury Holdings of Securities
FD-11.
-
Description of Securities of Government Corporations and Other Business-Type
Activities Held by the Treasury.
1.9
23
24
25
27
PUBLIC DEBT OPERATIONS
31
PDO-1.
-
Maturity Schedule of Interest-Bearing Marketable Public Debt Seoarlties
PDO-2.
-
Offerings of Bills
PDO-3.
-
New Money Financing through Regular Weekly Treasury Bills
PDO-4.
-
Offerings of Public Marketable Securities
36
PDO-5.
-
Unmatured Marketable Securities Issued at a Premium or Discount
39
PDO-6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable
Securities
^^
PDO-7.
-
Disposition of Public Marketable Securities
'*''
PDO-8.
-
Foreign Series Securities
50
PDO-9.
-
Foreign Currency Series Securities
56
PDO-IO,
-
Foreign Currency Series Securities Issued to Residents of Foreign Countries....
57
32
34
^^
Treasury Bulletin
CONTENTS
UNITED STATES SAVINGS BONDS
Page
SB-l.
-
Sales and Redemptions by Series, Cumulative
58
SB-2.
-
Sales and Redemptions by Periods, All Series Combined
58
SB-3,
-
Sales and Redemptions by Periods, Series E through K
59
SB-4,
-
Redemptions of Matured and Unmatured Savings Bonds
61
UNITED STATES SAVINGS NOTES
SN-l.
-
Sales and Redemptions by Periods
62
OWNERSHIP OF FEDERAL SECURITIES
OFS-l.
-
Distribution of Federal Securities
63
OFS-2.
-
Estimated Ownership of Public Debt Securities
64
TREASURY SURVEY OF OWNERSHIP
TSO-l,
-
Summary of Federal Securities
65
TSO-2.
-
Interest-Bearing Marketable Public Debt Securities by Type and Maturity
Distribution
66
TSO-3,
-
Interest-Bearing Marketable Public Debt Securities by Issue
66
TSO-4,
-
Securities Issued by Government Agencies
68
TSO-5.
-
Securities Issued by Government-Sponsored Agencies and D.C
bS
MQ-l,
-
Treasury Bills
69
MQ-2.
-
Treasury Notes
69
MQ-3.
-
Treasury Bonds
71
Chart
-
Yield of Treasury Securities
72
AY-l.
-
Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds
73
Chart
-
Average Yields of Long-Term Treasury, Corporate, and Municipal Bonds
^^
MARKET QUOTATIONS ON TREASURY SECURITIES
AVERAGE YIELDS OF LONG-TERM BONDS
EXCHANGE STABILIZATION FUND
ESF-l.
ESF- 2 .
-
Balance Sheet
-
Income and Expense
^^
INTERNATIONAL FINANCIAL STATISTICS
IFS-l.
-
U.S. Reserve Assests
77
IFS-2.
-
Selected U.S. Liabilities to Foreigners
78
IFS-3.
-
U.S. Liabilities to Official Institutions of Foreign Countries by Area
79
IFS-4.
-
Nonmarketable U.S. Treasury Bonds and Notes Issued to Official Institutions
and other Residents of Foreign Countries
80
IFS-5.
-
U.S. Position in the International Monetary Fund
81
IFS-6.
-
Weighted-Average of Exchange Rate Changes for the Dollar
82
HI
October 1980
CONTENTS
CAPITAL MOVEMENTS
LIABILITIES TO FOREIGNERS REPORTED BY BANKS
?«§«
-
U.S.
CM-I-1.
-
Total Liabilities by Type of Holder
CM-I-2.
-
Total Liabilities by Type, Payable in Dollars
CM-I-2.
-
Total Liabilities to Nonmonetary International and Regional Organizations by Type,
Payable in Dollars - Part B
87
CM-I-3.
-
Total Liabilities by Country
8a
CM-I-4.
-
Total Liabilities by Type and Country
89
CM-II-1.
-
Total Claims by Type (Old Series)
^^
CM-II-2.
-
Total Claims by Type (New Series)
CM-II-3.
-
Total Claims by Country
90
91
^^
CM-II-4.
-
Total Claims by Type and Country Reported by Banks in the U.S
92
CM-II-5.
-
Banks' Own Claims, by Type
^^
CM-II-6.
-
Banks' Own Claims by Type and Country Payable in Dollars
94
CM-II-7.
-
Domestic Customers' Claims by Type
95
CM-III-1.
-
Dollar Liabilities to, and Dollar Claims on. Foreigners in Countries and Areas Not
Regularly Reported Separately
CM-III-2.
-
Dollar Claims on Nonbanking Foreigners
85
-
Part A
86
CLAIMS ON FOREIGNERS REPORTED BY BANKS IN THE UNITED STATES
SUPPLEMENTARY LIABILITIES AND CLAIMS DATA REPORTED BY BANKS
-
U.S.
97
LIABILITIES TO FOREIGNERS REPORTED BY NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES
CM-IV-1.
-
Total Liabilities by Type
CM-lV-2.
-
Total Liabilities by Country
CM-IV-3.
-
Total Liabilities by Type of Country
''^
99
lOO
CLAIMS ON FOREIGNERS REPORTED BY NONBANKING BUSINESS ENTERPRISES IN THE UNITED STATES
CM-V-1.
-
Total Claims, by Type
101
CM-V-2.
-
Total Claims, by Country
102
CM-V-3.
-
Total Claims, by Type and Country
103
CM-Vl-1.
-
Foreign Purchases and Sales of Long-Term Domestic Securities
104
CM-VI-2.
-
Foreign Purchases and Sales of Long-Term Foreign Securities
104
CM-VI-3.
-
Net Foreign Transactions in Marketable U.S. Treasury Bonds and Notes by Country...
105
CM-VI-4.
-
Estimated Foreign Holdings of Marketable U.S. Treasury Bonds and Notes by Country..
106
CM-VI-5.
-
Net Foreign Transactions in Long-Term Domestic Bonds
107
CM-VI-6.
-
Net Foreign Transactions in Domestic Stocks by Country
108
CM-VI-7.
-
Net Foreign Transactions in Long-Term Foreign Bonds by Country
109
CM-VI-8.
-
Net Foreign Transactions in Foreign Stocks by Country
110
TRANSACTIONS IN LONG-TERM SECURITIES BY FOREIGNERS
CM-VI-9.
CM-VI-10.
»- Foreign Purchases and Sales of Long-Terra Securities, Latest Date
Ill
Foreign Purchases and Sales of Long-Term Securities, Latest Year
112
-
IV
Treasury Bulletin
CONTENTS
FOREIGN CURRENCY POSITIONS
SU>fMARY POSITIONS
Page
^
FCP-I-1.
-
Nonbanking Firms' Positions
FCP-I-2.
-
Weekly Bank Positions
114
FCP-I-3.
-
Monthly Bank Positions
11'^
FCP-II-1.
-
Nonbanking Firms
FCP-II-2.
-
Weekly Bank Positions
115
FCP-II-3.
-
Consolidated Monthly Bank Positions
116
FCP-III-1.
-
Nonbanking Firms' Positions
FCP-III-2.
-
Weekly Bank Positions
117
FCP-III-3.
-
Consolidated Monthly Bank Positions
118
FCP-IV-1.
-
Nonbanking Firms' Positions
119
FCP-IV-2.
-
Weekly Bank Positions
119
FCP-IV-3.
-
Consolidated Monthly Bank Positions
120
FCP-V-1.
-
Nonbanking Finns' Positions
121
FCP-V-2.
-
Weekly Bank Positions
121
FCP-VI-1.
-
Nonbanking Firms' Positions
FCP-VI-2.
-
Weekly Bank Positions
122
FCP-VI-3.
-
Consolidated Monthly Bank Positions
123
FCP-VII-1.
-
Nonbanking Firms' Positions
124
FCP-VII-2.
-
Weekly Bank Positions
124
FCP-VII-3.
-
Consolidated Monthly Bank Positions
125
FCP-VIII-1,
-
Nonbanking Firms' Positions
126
FCP-VIII-2.
-
Weekly Bank Positions
126
FCP-VIII-3.
-
Consolidated Monthly Bank Positions
127
FCP-IX-1.
-
Nonbanking Firms' Foreign Subsidiaries' Positions
FCP-IX-2.
-
Weekly Bank Foreign Office Positions
128
FCP-IX-3.
-
Monthly Bank Foreign Office Positions
129
11^
CANADIAN DOLLAR POSITIONS
''
115
Positions
FRENCH FRANC POSITIONS
117
GERMAN MARK POSITIONS
ITALIAN LIRA POSITIONS
JAPANESE YEN POSITIONS
122
SWISS FRANC POSITIONS
STERLING POSITIONS
UNITED STATES DOLLAR
POSITIONS ABROAD
128
October 1980
CONTENTS
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Page
FEDERAL CREDIT PROGRAMS
GA-II-1.
-
Direct Sales and Repurchases of Loans.
Cumulative Table of Contents
Note:
Details of figures may not add to totals because of rounding.
.,
,
131
132
.
VI
Treasury Bulletin
Treasury Financing Operations
basis
Auctions of 2-Year and 4-Year Note8
On SepCember
Treasury
the
12
announced
Chat
would
It
auction $4,500 million of 2-year and $3,000 million of 4year
notes
September
refund
to
and
I960,
30,
million
$3,156
maturing
notes
of
raise $2,342 million new cash.
to
The notes offered were Treasury Notes of Series W-1982,
be
dated
September
September
due
1980,
30,
and
1982,
30,
to
Treasury Notes of Series F-1984, to be dated September 30,
1984, with interest payable on Karch
1980, due September 30,
31
September
and
rates of
30
determinations
Che
each
in
11-7/8Z and
tenders were accepted on a
the averages of which translated
yield basis,
Tenders
into
million was
received unt
bonds were
the
for
EDST, October
average
an
il
1
30 p
:
.ra.
,
and totaled $2,369 million, of which $1,501
7
accepted
ranging
yields
at
for $1 million or less
from 11.482,
price
Noncompetitive tenders
100.088 up to 11.752, price 98.197.
from any one bidder were accepted in
full at the average yield of accepted tenders,
11.612, price
These totaled $134 million.
99.171.
into average
accepted prices close to 100.000.
were
Tenders
respectively, were set after
to which
as
translated
which
of
Coupon
until maturity.
year
12-1/81,
average
the
,
accepted price close to 100.000.
received
banks
Reserve
Federal
at
and
branches and at the Bureau of the Public Debt, Washington,
D.C.
Bearer
bonds
registered
with
bonds,
coupons
interest
principal
to
as
attached,
and
were
interest
and
authorized to be issued Ln dienominat ions of $1,000, $5,000,
Tenders for the 2-year notes were received until
p.m.
September
EDST,
,
which
million was
$4,501
U.85Z.
100.043
price
totaled
and
18
$9,626
accepted
at
up
11.962,
to
for $1 million or
bidder
in
accepted
i#ere
full
accepted competitive tenders,
totaled
11.932,
The
million.
$1,061
$4,501
ranging
price
from
52-Week Bills
On
less from any one
yield
price 99.905
million
of
TTiese
.
accepted
of
tenders also included $905 million of tenders at the average
price
$10,000, $100,000 and $1.,000,000.
of
99.853.
average
the
at
million,
yields
Noncompetitive tenders
1:30
from Federal Reserve banks as agents
foreign and
for
international monetary authorities in exchange for maturing
September 4 tenders were
million
$4,000
September 16,
invited
Treasury
359-day
of
issue was to refund $3,556 million of 364-day bills maturing
September
and
16
raise $444 million new cash.
to
were opened on September 10.
addition to the $4,501 million of tenders accepted
auction
the
process,
million
$550
tenders
of
were
accepted at the average price from Federal Reserve banks for
their
account
own
exchange
in
for
of which $4,001 million was accepted,
including $157 million
Tenders
EDST,
which
September
price
were
accepted
100.233
Nonconqietitive
bidder
tenders
totaled
and
23
$3,004 million was
12.052,
up
at
to
$7,106
internat ional
and
monetary
agents
as
authorities
foreign
and
average
The
.
Reserve
Pfedei-al
of
bank
discount rate was 9.9672.
full
in
the
at
ranging
price
less
from
from any one
average
yield
12.132,
price 99.985.
totaled
$3,004
million
The
of
99.923.
accepted competitive tenders,
million.
1:30
million,
yields
12.152,
for $1 million or
accepted
$565
themselves
for
13-Wcek and 26-Week Bills
the 4-year notes were received until
for
banks
maturing
securities
September 30, 1980.
p.m.,
Tenders
They totaled $5,716 million,
of the bills issued at the average price to
in
The
1981.
10,
of noncompetitive tenders from the public: and $1,202 million
securities.
In
dated
be
to
and to mature September
1980,
approximately
for
bills
of
These
accepted
of
Issues
totaled
regular weekly Treasury bills
of
approximately
$30,400 million.
September
in
issues were
These
offered to refund approximately $27,550 million of maturing
regular bills and
In
the
13-week
minion.
$3,800 million.
were
there
26-week series
the
In
$2,850 million new cash.
to raise about
series
issues
four
of
S3, 800
there were four issues of
Average rates for the new issues are shown
in the fol lowing table.
tenders also included $260 million of tenders at the average
price
from Federal Reserve banks as agents for foreign and
international monetary authorities in exchange for maturing
securities
Date of issue
In addition
in
auction
the
accepted at
Federal
the
to
Annual average rate
(bank discount basis)
$3,004 million of tenders accepted
process,
$339
million
tenders
of
were
1980
the average price from Government Accounts and
September
4
Reserve banks for their own account in exchange for
11
18
25
securities maturing September 30, 1980.
Tenders
received
were
both
in
auctions
at
13-week
26-week
10.1232
10.0602
10.6382
10.4592
10.2502
10.2342
10.8752
10.8232
Federal
Reserve banks and branches and at the Bureau of the Public
Debt,
Washington,
attached,
were
D.C.
Bearer notes, with interest coupons
authorized
to
issued
be
denominations
in
of
$5 ,000,
$100,000 and $1,000,000 in the case of the 2-year
$10,000.
notes and
Treasury Bills (Other than Cash Management Bills) —General
and notes registered as to principal and interest
$1,000,
$5,000.
$10,000,
$100,000 and $1,000,000
in the case of the 4-year notes.
Treasury
competit ive
their
par
bills
and
sold
are
on
noncompet itive
amount
a
payable without
is
discount
bidding,
basis
and
interest.
under-
maturity
at
All
series
are issued entirely in book-entry form in a minimum amount
of $10,000 and in any higher $5,000 multiple, on the records
either of the Federal Reserve banks and branches, or of the
Auction of 15-Year 10-Month Bonds
On
September
auction $1,500 million of
new cash.
be
dated
interest
Department of the Treasury.
Treasury announced
the
29
15-year
that
would
it
10-month bonds to raise
The bonds offered were Treasury Bonds of 1995, to
October
payable
until maturity.
14
on
,
1980
May
15
,
due
and
November
November
1
15
5
,
in
Tenders
branches
Debt,
with
$10,000.
each
year
$5,000.
A coupon rate of 11-1/22 was set after the
determination as to which tenders were accepted on a yield
are
received
from
individuals at
Washington.
,
1995
and
Each
Tenders
Payment
over
for
the
tender
full
the
book-entry
records
must
be
be
par amount
accompany all tenders submitted
on
the Bureau of
must
$10,000
of
for bills
the
banks
Reserve
Federal
at
for
in
a
and
the Public
minimum of
multiples
applied
for
of
must
to be maintained
Department
of
the
October 1980
VII
Treasury Financing Operations-Continued
A cash adjustment will be made
Treasury.
for the difference
between the par payment submitted and the actual issue price
as
determined
in
the
auction.
No deposit
need
accompany
Payment
accepted tenders must be made or completed
for
on the date of issue, in cash or other immediately available
funds
or
in
like
a
amount
par
tenders from incorporated banks and trust companies and from
maturing on or before that date.
responsible and recognized dealers in investment securities
week,
for
bills
to
be
maintained
on
the
Federal Reserve banks and branches.
of the par amount of the bills
tenders
for
such
bills
from
book-entry
records
A deposit of
applied
others
for
must
unless
,
2
of
express
accompanies the tenders.
for $500,000 or less from any one bidder
Nonmarketable
usually
for each issue of
13-week, 26-week, and 52-week bills, are accepted in full at
the weighted
an issue.
average price of accepted compet
it ive
be
not
made
by
credit
26in
bids for
Foreign
Series
Securities
Fo re i gn
Governments
Dollar-denominated foreign series securities issued to
official
,
securities
Treasury tax and loan accounts.
guaranty of payment by an incorporated bank or trust company
Nonconipetitive tenders (without stated price),
may
bills
Treasury
percent
accompany
an
52-week
and
of
Payment for 13-week,
institutions
consisting of
2
bills,
in
and
September
5
totaled
$386
Redemptions during the month totaled $1,072 million.
end
of
September,
million,
certificates of indebtedness.
dollar-denominated
foreign
At the
series
securities outstanding totaled $18,721 million. (Details are
shown on page
55
.
October 1980
.FEDERAL FISCAL OPERATIONS.
Table FFO-1. -
Sammary
of Fiical Operationa
(In millions of dollars)
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Footnotes to Table FFO.-l.
Source:
Monthly Treasury Statement of Receipts and Outlays of the
United States Government,
Note:
Budget estimates are based on the Current Budget Estimates, July
1980, released on July 21, 1980, by the Office of Management and Budget.
For detail see Table FFO-2.
1/
For detail see Table FFO-3.
i'/
The joint Treasury-Office of Management and Budget Press Statement,
3/
released with the Monthly Treasury Statement, has adjusted these totals
to include operating expenses and interest receipts of the Exchange
Stabilization Fund. The totals in the press release are $i^93.6 billion
for outlays and -$27.7 billion for the deficit.
For detail see Table FFO-6.
kl
Beginning fiscal 1975, balances "Within general account of the U.S.
5/
Treasury" are presented in columns 9 and 13.
Represents holdings of special drawing rights, less certificates issued
6/
7/
8/
9/
10/
to Federal Reserve banks.
Represents activity of the International Monetary Fund.
Includes: public debt accrued interest payable to the public, deposit
funds, miscellaneous asset and liability accounts, and as of July 197A,
the gold balance.
Includes: Seigniorage; increment of gold; fiscal 1969 conversions of
certain corporations to private ownership; fiscal 1970 reclassification
of Commodity Credit Corporation certificates of interest; fiscal 1974
conversion of interest receipts of Government accounts to an accrual
basis; and net outlays of off-budget Federal agencies. Also includes
rural electrification and telephone revolving fund since May 12, 1973,
Postal Service fund since July 1973, Federal Financing Bank since
July 1974, housing for the elderly or handicapped fund from August
22, 1974, through September 30, 1977 and Pension Benefit Guaranty
Corporation since September 17, 1974.
For detail see Table FD-6.
Not available,
r
Revised.
/
,.
.
,
.
October 1980
.FEDERAL FISCAL OPERATIONS,
Table FFO-2. - Budget Receipts hy Source
(In millions of dollars)
Social insurance
taxes and contributions
Income taxes
Fiscal year
or month
NBt
budget
receipts
Corporation
Employment taxes and contributions
Net
income
Withheld 1/
taxes
Old-age, disability, and
hospital insurance
Gross
1978
1979
188,392
208,649
232,225
264,932
280,997
300,006
81,773
357,752
401,997
465,940
76,490
83,200
98,093
112,092
122,071
123,441
32,950
144,857
165,254
195,331
34,328
35,528
6,809
42,062
47,804
56,215
1980 (Est.)
1981 (Est.)
517,892
604,026
222,658
262,868
61,655
62,348
1979-AU6...
Sept..
Oct
Nov ...
Dec
39,353'
47,295
33,099
38,320
42,617
16,955
16,194
17,777
18,725
19,402
1,041
7,349
1,183
589
952
43,429
37,862
33,351
61,097
36,071
59,055
17,821
19,473
18,085
17,143
18,111
19,795
9,i)61
26
1,230
2,998
24,937
2,101
9,380
37,348
44,259
19,517
19,220
1971
1972
1973
1974
1975
1976
T.O
1977
1980-Jan
Feb
Mar
Apr.
May. .
June.
.
.
July...
Aug
Fiscal 1980
to date.
.
466,506
24,262
25,679
27,019
14,522
14,143
21,866
23,952
34,013
27,367
86,230
94,737
103,246
118,952
122,386
131,603
Net
9 58
38,'801
29,293
32,070
33,705
157,626
180,988
217,841
30,320
34,926
39,045
41,744
45,747
46,783
9,809
60,057
65,380
71,448
43,600
47,065
240,713
278,152
72,363
7}, 663
6,882
6,280
65,481
66,383
781
201
17,215
23,341
18,682
18,972
20,192
1,661
10,096
2,543
1,684
10,667
293
463
1,068
524
460
1,368
9,633
1,476
1,160
10,206
18,582r
32,975
20,158
20,133
30,398
13,217
10,087
7,957
11,899
7,751
13,217r
10,087
7,957
11,899
7,751
5,181
12,027
10,592
10,937
1,385
26,856
15,522
9,056
31,488
9,275
27,791
2,702
2,117
10,255
10,244
1,866
16,251
465
697
1,073
635
447
2,237
1,420
9,508
9,171
1,230
15,804
29,093
16,942
18,565
40,659
10,505
43,594
9,502
14,439
10,541
13,651
15,349
10,604
9,502
14,439
10,541
13,651
15,349
10,097
1,580
1,103
1,324
796
19,773
19,527
2,673
1,848
481
2,136
1,367
21,909
20,894
8,439
15,103
8,439
15,103
55. 114
43,050
217,133
30 ,'8 12
78
342
2
163
3,535
2,760
2,893
3,125
5,125
5,374
1,348
5,164
5,428
5,771
26,785
32,166
36,153
38,620
40,621
41,409
8,460
54,892
59,952
65,677
113,015
126,903
139,153
157,571
163,007
172,204
47,175
212,512
240,940
283,518
41,237
45,559
54,166
65,016
74,075
78,792
21,475
90,701
102,589
118,521
518
447
479
535
360
408
306,194
344,535
136,492
156,939
507
503
747
537
7,133
272,849
400
518
636
40,719
45,111
53,687
64,481
73,715
78,384
21,475
90,310
102,071
117,884
135.985
156,436
..
.
4
Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-2. - Budget Receipts by Source— Continned
(In millions of dollars)
Social insurance
taxes and
contributionsContinued
Fiscal year
or month
1971
1972
1973
1974
Excise taxes
Miscellaneous 4/
Net
social
insurance
taxes and
contributions
1977
1978
1979
48,578
53,914
64,542
76,780
86,441
92,714
25,759
108,688
123,410
141,591
10,643
10,562
9,995
9,884
9,550
10,753
2,564
9,796
10,203
9,978
1980 (Est.).
1981
(Est.)
160,512
184,519
16,574
39,339
1979- Aug
Sept...
Oct
Nov. . .
17,164
10,809
9,384
14,433
8,675
672
960
838
848
933
10,775
16,857
11,499
15,886
20,787
10,793
738
668
678
1,563
1,637
10,253
18,546
1,966
2,040
1975
1976
T.O
Dec...
;980-Jan
Feb....
Mar
Apr.
May
June.
.
.
.
.
July...
Aug.
.
.
Fiscal 1980
to date. .
.
u,752
13,662
133
Airport and airway trust fund
Highway trust fund
October 1980
,
LJJ
o
DC
Z)
O
CO
>§
O) ^
—
CL
re
Ore
LU
O
Q
GO
mo
FEDERAL FISCAL OPERATIONS
,
-
.. ..
.
Treasury Bulletin
FEDERAL FISCAL OPERATIONS
Table FFO-3. - Budget Outlays by Agency
(In millions of dollars)
Fiscal year
or month
Legislative
branch
The
judiciary
384
487
540
625
726
1971
1972
1973
1974
1975
1976
779
225
T.Q
Execu t ive
Office
Funds appropriated
of the
to
President
President
47
55
142
173
183
49
205
284
325
75
93
79
4,540
4,269
3,733
4,015
3,572
3,525
85
392
1977
1978
1979
976
1,049
1,077
435
480
16
73
75
80
1980 (Est.)
1981 (Est.).
1,311
1,314
597
649
100
116
1979-Aug
Sept.
Oct
Nov
Dec.
.
98r
84
89
97
105
..
.
.
1980-Jan
Feb
Mar
Apr.
May
June.
.
.
.
.
.
7,577
5,964
25,727
20,786
3,768
2,884
913
904
1,712
2,870
258
278
346
265
268
3,785
2,054
1,732
1,901
2,089
2,632
1,195
1,374
269
265
308
365
421
340
363
283
404r
5
348
887
857
471
111
92
91
113
92
68
38
40
U
39
7
57
7
89
50
60
108
July...
Aug. ...
1,221
2,487
3,450
2,537
8
9
1
1,668
629
487
254
257
-158
1,176
7
9
702
95
Commerce
Department
1,188
1,250
1,368
1,455
1,583
2,020
534
2,607
5,239
4,072
55
6
partment
8,560
10,943
10,028
9,767
9,725
12,796
3,850
16,738
20,368
20,634
34
56
38
38
7
Agr icul
ture De-
the
,870
Fiscal. 1980
to date. .
3,492
Defense Department
Fiscal year
or month
Military
Energy
Department
Department
U
Education
II
of
7/
1971
1972
1973
1974
1975
1976
1978
1979
74,546
75,150
73,297
77,625
85,420
88,036
21,926
95,650
103,042
115,013
1980 (Est.)
1981 (Est.)
132,600
153,879
T.Q
1977
1979-Aug..
2,280
2,553
2,908
2. 439
2,545
2,558
2,493
3,524
3,888
1,000
5,252
6,236
7,889
3,453
3,080
6,549
8,400
1,3 7b
1,530
1,703
1,682
2,051
2,124
583
Sept.
Oct...
Nov.
Dec.
10,547
9,353
10,180
10,563
10,343
304r
347
348
300
278
1980-Jan...
Feb...
Mar..
Apr.
May..
June.
July..
Aug...
10,955
10,940
11,460
11,357
11,273
11,582
11,439
11,402
252
218
232
239
246
268
282
271
.
.
.
.
.
.
Fiscal 1980
to date.
.
.
121,495
61,8b6
71,779
82,042
93,735
112,411
128,785
34,341
147,455
162,856
181,186
25,032r
747
551
717
5,727
8 28
1,164
3/
12,551
11,919
2/ 4/
225
1,180
-2,236
-4,881
2,162
2,293
788
3,152
3,821
4,087
4,005
3,996
84r
458
393
437
38.S
16,447
15,368
17,455
17,992
1,235
579
1,113
1,397
589
1,110
1,456
961
303
318
360
437
366
237
332
177,538
11,850
3,896
16,888
17,041
16,572
17,667
1,164
1,143
y
Interior
Department
992r
826
1,199
1,548
364
6,413
16,353
16,751
16,502
791
793
Housing &
Urban Development
Department
2,890
3,642
3,592
4,786
7,475
7,079
1,394
5,838
7,589
9,218
194,119
224,069
13.337
740r
685
496
-578
520
432
639
619
Department
of Health
and Human
Services
l_j
32t>
.
,
October 1980
FEDERAL FISCAL OPERATIONS
Table FFO-3. - Budget Outlaye by Agency-Continued
(In millions of dollars)
Fiscal year
or month
1^71
1972
1973
197^
1975
1976
Justice
Department
916
T.Q
1977
1978
1979
1980 (Est.)
1981 (Est.)
1979-Aug
Sept.
Oct
Nov
Dec
.
1930-Jan
Feb
Mar...,
Apr
May
June.
.
.
.
.
July...
Aug....
Fiscal 1980
to date.
.
.
,
Labor
Department
State
Department
Transportation
Department
Treasury
Department
Interes
on the
public
debt i./
t
Other
2/
Environmental
Protection
Agency
Treasury Bulletin
8
.FEDERAL FISCAL OPERATIONS,
Table FFO-4. - Undistributed Offsetting Receipts
October 1980
FEDERAL FISCAL OPERATIONS
in .D
>n
3
O
a
a
a
o
•a
9
n
lO
I
O
fa
1X4
XI
a
u-i
1
Treasury Bulletin
10
FEDERAL FISCAL OPERATIONS.
O
Q-iM -H
O
O
I
O
9
•a
O
^O -*
a
O
.a
..
.
October 1980
11
.FEDERAL FISCAL OPERATIONS.
Table FFO-6.
-
Investment Transactions of Government Accounts
in
Federal Securities (Net)
(In millions of dollars)
Health and Human Services
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust
Fund
i?71
1972
1973
1974
1975
1976
T.Q
1977
1978
1079
1,274
1,827
2,298
2,217
2,175
-1,924
-913
-1,645
-4,443
-3,638
1,263
934
792
391
-37
-1,227
-477
-2,211
1980 (Est.),
1981 (Est.).
-4,430
-".l^O
1979-^ug
Sept...
Oct
348
5^4
-2,
Nov.
Dec
.
1980- Jan
Feb
Mar
Apr.
May
June,
July.
Aug...
.
.
Fiscal 1980
to date.
.
.
.
Federal
Hospital
mentary
Insurance
Medical
Trust Fund
Insurance
Trust Fund
377
-146
1,338
3,642
1,897
1,181
244
221
222
531
148
-148
Federal
Housing
Administration
128
109
31
63
200
US
Government National
Mortgage Assn.
197
14
-202
299
184
223
261
-4
1
12
29
67
14
28
27
2
190
100
-95
-313
17
37
1,230
988
1,789
953
146
108
45
2,070
3,348
2,476
7,139
115
160
74
502
2
-1,39^
-294
674
-163
-86
290
411
407
-235
-267
446
-1,109
-34
-142
39
22
2,921
-1,269
1,623
171
55
-99
-137
58
iU
3.863
-2,970
-3,557
1,993
-1,375
110
403
461
871
213
223
-245
886
-485
-377
675
-308
-54
50
31
60
-36
-41
-105
-72
51
27
57
Federal
Insurance
Administration
Participation
Sales
Fund
-36
784
1,406
1,5 58
.
Housing and Urban Development Department
Federal
Supple-
16
33
-1
41
-11
2
13
14
27
56
-36
-40
-118
24
37
63
29
-95
33
-20
-42
-33
26
11
Labor Department
Unemployment Trust
Fund
12
Treasury Bulletin
FEDERAL FISCAL OPERATIONS.
o
00
Eh
CQ
&
p
<
a
o
a
s
I
o
XI
s
.
October 1980
13
.FEDERAL OBLIGATIONS.
controlled
the basis on which
are
"Obi igations"
is
the use of funds
They are recorded
the Federal Government.
in
at the point at which the Government makes a firm commitment
to
or services and are the
acqui re goods
key
events- -order
characterize
,
del i very ,
paymen
t
,
f irs
t
of the four
consumption- -which
the acquisition and use of resources.
In gen-
they consist of orders placed, contracts awarded,
eral,
vices received
,
Obligations
bursement of money.
to a
action without regard to its ultimate purpose.
for
salaries
sonnel
uniform set
All payments
wages, for example, are reported as per-
and
compensation
,
whe ther the personal services are used
in current operations or in the cons true tion of capital
ser-
and simi lar transac tions requiring the dis-
are classified according
which are based upon the nature of the trans-
of categories
Federal agencies and firms
often
items.
do business with one
another; in doing so, the "buying" agency records obligations,
and the "performing" agency records reimbursements.
In Table
FO-1, ohiigations that are incurred wi thin the Government are
The obligational
strategic
point
in
s
tage of Government transac tions is a
gauging
the impac
t
of
the Government
for business
employment
firms the Government commitment which
of labor.
Disbursements may not occur
months
af ter the Government places
itself
usually
economy.
causes
from
3
those
incurred ou
ts ide the
Government,
show only those incurred outside.
'
stimulates business investment, including inventory purchases
and
istinguished
Tables FO-2 and
operations on Che national economy, since it frequently represents
d
for
its order but
the order
immediate pressure on the
private
Obligation
counts
data for the administrative budget fund ac-
first published in the September
were
1*)67
Treasury
Bulletin and the trust fund accounts were first published in
the Octc.ber
Bui let in
adopted
,
1*)67
the
Bulletin.
Beginning with the April
data are on the basis of the budge
pursuant
to
the recommendations of
Commission on Budget Concepts
The May I'^SO oblig.itions data is not included in
this issue due to certain unavoidable del^y. In processing.
This dati ^ill be ."ublished in subsequent Bulletins,
t
1968
concepts
the President's
Treasury Bulletin
14
ACCOUNT OF THE
U.S.
TREASURY
Source and Availability of the Balance in the Account of the U.S. Treasury
The operating cash of the Treasury is maintained in
Treasury's accounts with the Federal Reserve banks and branbalances in the
the
As
ches and in tax loan accounts.
accounts at the Federal Reserve Banks become depleted, they
are restored by calling in (Withdrawing)funds from thousands
of financial institutions throughout the country authorized
to maintain tax and loan accounts.
a portion of its
a program on November
to Invest
2, 1978,
operating cash in obligations of depositaries maintaining tax
Deposits to tax and loan accounts occur In the normal
course of business under a uniform procedure applicable to
all financial institutions whereby customers of
financial
institutions deposit with them tax payments and funds for
the purchase of Government securities.
In most
cases the
transaction involves merely the transfer of funds from a
thetax and loan account in the same
customer's account to
financial
institution. On occasions, to the extent authorized by the Treasi;ry, financial institutions are permitted
to deposit in these accounts
proceeds from subscriptions to
public debt securities entered for their own account as well
as for the accounts of their customers.
and loan accounts. Under the Treasury Tax and Loan investment
program, depositary financial institutions select the manner
Depositaries
ip which they will participate in the program.
loan
that wish to retain funds deposited in their tax and
obligations participate under
accounts in interest-bearing
funds
the Note Option; depositaries that wish to remit the
Reserve banks particto the Treasury's account at Federal
ipate under the Remittance Option.
The tax and loan system permits the Treasury to collect
funds through financial institutions and to leave the funds
in Note Option depositaries and in the financial communities
in which they arise until such time at the Treasui'y needs the
funds for its operations. In this way the Treasury is able to
neutralize the effect of its fluctuation operations on Note
Option financial institution reserves and the economy.
Under authority of P.L. 95-147, the Treasury implemented
Table UST-1.
-
Status of the Account of the U.S. Treasury
(In millions of dollars)
October 1980
15
•
Table UST-2.
-
ACCOUNT OF THE
Elements of Changes
in Federal
U.S.
TREASURY.
Reserve and Tax and Loan Note Account Balances
(In millions of dollars)
Credits and withdrawals
Federal Reserve accounts 1/
Fiscal year
or month
Tax and loan note accounts
Credits 2/
Received
directly
Proteeds from sales of securities
Received
through reWithdrawals 3/
mittance option
tax and loan
'»j
Total
credits
Withdrawals
(transfers to
Federal Reserve
accounts)
Marketable
Issues
Noninarketable
issues 5/
16,683
•19,375
15,812
2,578
2,849
3,314
3,270
3,104
3,366
3,676
910
3,908
3,838
2,666
132,460
131,121
145,797
171,828
197,091
218,149
225,201
58,457
267,125
302,496
296,809
151,721
153,346
164,920
185,669
209,257
224,412
228,877
59,367
271,033
306,334
299,475
149,317
152,900
164,645
184,874
211,545
229,090
227,494
29,298
22,120
23,301
30,762
29,436
22,276
23,448
30,901
15,157
31,712
28,698
22,053
depositaries
1970
1971
1972
1973
1974
1975
1976
T.O
1977
1978
1979
10,'571
725,280
810,481
209,758
875,071
952,116
983,693
1979-Sept
Oct.
Nov.
Dec.
1980-Jan.
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept
9,072
2,897
722,427
804,282
208,434
872,627
951,209
1,047,919
581,105
2711,787
303l[901
287^585
69,962
86,495
94,200
80,428
5,128
4,402
4,373
5,553
72,143
95,177
98,192
84,496
138
156
147
139
87,351
90,618
100,389
115,391
113,302
104,647
95,983
92,984
TOO, 673
4,604
4,707
5,467
5,546
5,168
6,882
5,363
5,455
6,527
93,099
95,839
105,939
118,710
118,508
112,853
100,591
99,651
162
126
22,883
25,527
23,045
25,653
21,223
31,053
116
107
30,620
30,959
25,779
37,241
24,436
22,582
30,345
30,736
31,066
25,875
37,334
24,526
26,661
30,419
33,187
23,017
33,605
32,580
28,941
22,387
23,283
96
93
90
79
74
105,840
During period
End of period
Fiscal year
or month
Low
High
Federal
Reserve
Tax and
Loan Note
Accounts
Federal
Reserve
Tax and
Loan Note
Accounts
Federal
.
Treasury Bulletin
16
ACCOUNT OF THE
Table UST-3.
-
U.S.
TREASURY.
Gold Assets and Liabilities of the Treasury
(In millions of dollars except ounces)
Gold assets
1/
Cold liabilities 2/
Balance of gold in
U.S. Treasury account
End of calendar year or month
1968.
1969.
1970.
1971.
1972.
1973.
1974.
1975.
1976.
296,199,012.3
296,202,494.6
306,630,399.9
289,49Q,759.6
273,950,419.3
273,954,660.5
275,968,413.1
274,705,260.3
274,679,167.8
10,367
10,367
10,732
10,132
10,410»3/
11,567 3/
11,652
11,599
11,598
10,256
10,256
10,623
10,019
10,303
10,460
11,652
11,599
11,598
1977.
1978.
277,544,111.9
276,420,310.8
11,719
11,671
11,719
1979-Sept.
Oct..
Nov..
Dec.
.
265,918,769.1
265,129,405.1
263,168,284.7
264,601,798.2
11,228
11,194
11,112
11,172
11,228
11,194
11,112
11,112
1980-Jan..
Feb..
Mar..
Apr.
May..
June.
264,599,629.1
264,599,575.5
264,599,575.5
264,599,575.5
264,599,575.5
264,599,575.5
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
11,172
July.
Aug..
Sept.
264,599,575.5
264,591,087.0
264,514,37R.R
11,172
11,172
11,168
11,172
11,172
11,168
Source:
Daily Treasury Statement through June 1974, Bureau of Government"
Financial Operations thereafter.
1/
Treasury gold stock which excludes gold held by the Exchange Stabilization Fund (ESF).
See "International Financial Statistics," Table
IFS-1.
Consists of: Gold certificates fund-Federal Reserve System; gold
2/
deposited by and held for the International Monetary Fund from SeptemBer 19, 1963, through February 15, 1972; redemption fund for Federal Reserve notes until March 18, 1968, when it was combined with the
gold certificate fund pursuant to P.L, 90-269, approved March 18,
111
112
109
113
107
107
11,6,71
60
1968, and gold reserve against tt.6. notes until Marcli 1*^, 1968, wben
it was transferred to the public debt also pursuant to P.L. 90-26i^.
Gold assets were valued at $35 per fine troy ounce until May 8, 1972,
when they were revalued at $38 pursuant to the Par Value Modification
Act, P.L. 92-268, approved March 31, 1972. The increment amounted to
$822 million.
Gold assets were valued at $38 per fine troy ognce until October 18, 1973, when they were revalued at $42.22 pursuant to
the amending of Section 2 of the Par Value Modification Act, P.L.
93-110, approved September 31, 1973.
The increment amounted to
$1,157 million.
Less than $500,000.
October 1980
11
.MONETARY STATISTICS.
Table MS-1.
-
Currency and Coin
in Circulation
(In millions of dollars except per capita figures)
End of
fiscal year
or month
.
Treasury Bulletin
18
.FEDERAL DEBT.
Table FD-1.
-
Summary
of Federal Debt
(In millions of dollars)
Amount outstanding
End of
fiscal year
or month
Total 1/
Public
debt
securities 1/
Securities held by:
Government accounts
Agency
securities
Public
debt
securities
1977
1978
1079
409,467
437,329
468,426
486,247
544,131
631,866
646,379
709,138
780,425
833,751
1979-Mar.
804,624
796,792
1979-Aug..
Sept.
Oct..
Nov.
820,385
833,751
833,999
840,965
852,184
813,140
826,519
826,787
833,388
845,116
1980-Jan..
Feb..
Mar..
4pr..
May..
June.
854,741
861,603
870,444
876,914
884,788
884,381
847,695
854,591
863,451
870,009
877,917
877,614
July.
Aug..
888,367
900,075
881,682
893,424
1971
1972
1973
1974
1975
1976
T.O
Dec.
.
397,305
426,435
457,317
474,235
533,188
620,432
634,701
698,840
771,544
826,519
12
The public II
Agency
securities
Public
debt
securities
Agency
securities
October 1980
19
.FEDERAL DEBT.
Table FD-3.
-
Interest-Bearing Public Debt
(In millions of dollars)
End of
fiscal year
or month
Total
Interestbearing
public
debt
Nonroarketable
Bill
1/
Treasury
notes
Treasury
bonds
savings
bonds
1977
1978
1979
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
819,007
245,473
257,202
262,971
266,575
315,606
392,581
407,663
443,508
485,155
506,693
86,677
94,648
100,061
105,019
128,569
161,198
161,505
156,091
160,936
161,378
104,807
113,419
117,840
128,419
150,257
191,758
206,319
241,692
267,865
274,242
53,989
49,135
45,071
33,137
36,779
39,626
39,839
45,724
56,355
71,073
150,816
168,158
193,382
206,663
216,516
226,673
225,897
254,121
281,816
312,314
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
80,440
1979-Mar.
792,344
500,400
165,459
270,803
64,139
291,944
80,417
1979-Sept
Oct.
Nov,
Dec.
819,007
825,736
832,730
843,960
506,693
515,033
519,573
530,731
161,378
161,692
165,100
172,644
274,242
280,832
279,723
283,379
71,073
72,510
74,751
74,708
312,314
310,703
313,157
313,229
80,440
80,178
79,669
79,317
1980- Jan.
Feb.
Mar.
Apr.
May.
June
846,517
854,591
862,211
868,866
873,529
876,275
535,658
540,636
557,493
564,869
567,560
566,735
175,522
177,422
190,780
195,296
195,387
184,684
283,990
286,814
290,390
291,831
291,532
301,455
76,147
76,400
76,323
77,741
80,641
80,596
310,859
312,730
304,718
303,997
305,968
309,539
78,247
77,338
75,643
73,889
73,247
73,072
July
Aug.
880,395
888,733
906,402
576,145
583,419
594,506
191,491
199,306
199,832
302,626
300,251
310,903
82,027
83,861
83,772
304,250
305,314
311,896
72,968
72,853
72,727
1971
1972
1973
1974
1975
1976
T.Q
Sept,
.
Treasury Bulletin
20
FEDERAL DEBT.
Table FD-4.
Government Account Series
-
(In millions of dollars)
End of
fiscal year
Airport and
Airvay
or month
trust fund
Exchange
Stabilization
Fund
1971
1972
1973
1974
1975
1976
T.Q
1977
1978
1979
82,784
89,598
101,738
115,442
124,173
130,557
128,640
140,113
153,271
176,360
878
1,936
2,529
2,712
3,246
3,687
4,377
1979-Mar..
153,765
'".ise
1979-Sept.
Oct..
Nov..
4,377
Dec.
176,360
175,267
176,992
177,460
1980-Jan..
F^b..
Mar..
Apr.
Hay..
June.
174,904
178,415
175,451
179,652
182,642
186,842
4,839
4,899
4,940
5,037
5,263
5,519
4,416
4,368
3,740
3,771
July.
Aug..
Sept.
181,479
182,447
189,848
5,596
5,521
5,423
End of
fiscal year
or month
Federal
supp. medica
insurance
trust fund
4,M2
4,537
4,728
Federal Savings and Loan
Insurance
Corporation
1971
1972
1973
1974
1975
1976
T.Q
1977
1978
1979
257
478
700
531
1,378
1,230
1,244
2,232
4,021
4,974
89
139
81
129
907
1,593
1,885
2,535
3,088
3,792
1979-Mar.,
4,681
3,618
i979-Sept
4,974
4,933
4,828
4,885
3,792
3,795
4,179
4,221
4,924
4,825
4,688
4,745
4,626
4,689
4,719
4,623
4,558
Oct.
Nov.
Dec.
1980-Jan.
Feb.
Mar.
Apr.
May.
June
July
Aug.
Sept,
Federal
Deposit
Insurance
Corporation
Federal
employees
ret irement
funds
Federal
disability
insurance
trust fund
Federal
Energy
Federal Home
Loan Bank
Adrainsi tration
Federal
hospital
insurance
trust fund
Federal
old-age and
survivors
insurance
trust fund
436
1,367
2,692
3,429
4,829
5,435
7,835
21.644
24,691
27,894
31,201
35,525
40,383
39,607
46,631
53,398
61,369
5,713
6,697
7,488
7,880
7,843
6,616
6,138
3,941
4,053
5,286
6,909
52,754
4,229
7,835
7,851
8,074
61,369
60,934
60,404
61,969
5,286
5,123
5,036
5,326
13,144
12,879
12,612
13,057
23,251
20,920
22,478
20,582
4,086
8,279
8,743
8,757
9,043
9,032
9,021
61,444
60,959
60,383
59,808
59,214
60,874
5,316
5,463
5,866
6,327
6,549
7,224
12,892
12,970
13,841
14,054
13,809
14,695
19,273
22,194
20,925
23,613
27,476
24,505
4,072
3,672
3,544
8,995
9,318
9,379
60,176
59,621
71,055
6,916
6,862
7,377
14,210
13,832
14,606
20,948
22,941
20,565
1,242
1.424
2,934
2,364
1,451
1,512
1,529
2,050
1,763
4,266
4,266
4,497
4,475
4,376
501
Government
life insurance fund
156
274
263
8,06'S
Highway
trust fund
National
service life
insurance
fund
Postal
service fund
44
62
1,712
Railroad
retirement
accounts
Unemployment
trust fund
Other
1/
funds
2,115
1,851
6,235
7,873
2,199
3,390
3,877
4,101
2,794
2,427
2,702
2,844
1,731
1,666
1,628
1,545
12.408
12,087
12,320
11,234
8,567
9,488
9,678
9,906
7,766
8,017
4,354
4,117
3,945
4»054
3,837
3,737
2,489
2,551
2,3/6
2,040
2,067
3,118
1,501
1,475
1,433
1,516
1,547
1,497
10,346
10,626
9,477
10,531
13,772
12,515
10,187
10,379
10,557
10,714
11,020
11,076
7,987
7,972
7,930
3,867
3,275
2,521
2,725
2,705
2,503
1,354
1,450
12,057
13,109
11,724
11,892
1,361
11,862
12,118
7,727
3,630
12,469
12,054
11,954
12,147
7,825
7,785
7,765
8,002
458
453
445
11,971
11,988
11,925
7,970
7,945
7,877
4 39
IU971
7-8H
432
440
11,794
11,960
435
431
425
11,843
11,443
10,860
12,229
463
457
453
460
4,245
4,459
4,274
4,179
3,934
3,864
3,853
3,781
3,760
Source:
Monthly Statement of the Public Debt of the United States.
Note: Prior to July 1974 title of this table was "Special Public Debt
Issues"
Consists of Government National Mortgage Association fund and MBS
1/
Investment account; National Credit Union insurance fund; Federal
Housing Administration fund; employees life insurance fund; veterans
special life insurance fund; veterans reopened insurance fund;
servicemen's group life insurance fund from August .1969-January 1973;
employees health benefits fund beginning October 1970; ExportImport Bank of the United States from February 1967-October 1968;
General Services Administration participation certificates trust;
and Washington Metropolitan Area Transit Authority from November
1972-March 1973; Indian tribal funds and individual Indian money for
August 1974; Pension Benefit Guaranty Corporation beginning November 1974; Bonneville Power Administration and Library of Congress
trust fund beginning January 1975; Tax Court Judges survivors annuity fund and. Overseas Private Investment Corporation beginning
22,945
809
1,731
1,677
2,199
690
651
604
569
560
526
496
463
12,351
585
655
1,199
2,127
2,470
4,332
5,076
6,533
7,274
8,567
6,068
6,155
6,427
6,605
6,716
6,931
6,956
7,250
7,618
7,825
58
717
27,248
29,126
31,424
33,640
35,815
33,891
32,978
31,333
26,890
23,251
8,514
7,186
8,330
9,495
4,557
2,203
2,345
3,603
7,195
12,048
3,853
3,742
3,766
3,706
3,466
3,375
2,175
2,684
2,579
2,794
3,635
4,456
5,550
7,599
9,536
9,030
8,952
10,079
11,578
12,469
7
Treasury
deposit
2,980
2,834
4,172
7,814
9,711
10,892
10,959
10,924
11,707
13,144
963
820
385
53
277
771
978
February 1975.
836
790
780
736
Federal ship financing escrow fishing fund. Federal
ship t4T»anclng fund fishing vessels (NOAAJ, Federal ship financing
revolving fund, gifts and bequests (Commerce), judicial survivors
annuity fund, national insurance development fund (HUD), and the
U.S. Army general gift fund beginning March 1975, Emergency Loan
Guarantee Fund beginning April 1975, Comptroller of the Currency
assessment fund. National Archives Trust fund, beginning July 1975,
Comptroller of the Currency, trustee fund, beginning August 1975,
Federal Financing Bank; National Archives Gift Fund; Public Health
Service, Conditional and Unconditional Gift Fund; HEW; U.S. Naval
Academy Gift Fund; U.S. Naval Academy Mureura Fund; War Risk Revolving Fund; Aviation war risk insurance revolving fund; Department of
State conditicJnal gift fund, general; Harry S. Truman Memorial scholarship fund;
Special Investment Account; Black Lung Disability Trust Fund.
Less than $500,000.
21
October 1980
-FEDERAL DEBT.
Table FD-5.
-
Interest-Bearing Securities Issued by
(In millions of dollars)
End of
Government Agencies
,
Treasury Bulletin
22
FEDERAL DEBT
FD-6. - Participation Cextificatea
(In millions of dollars
End of
fiscal year
or monOi
Export- Import Bank
of the United States
Retire-
-
face amounts)
.
23
October 1980
.FEDERAL DEBT.
Table FD-7.
-
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt
Held by Private Investors
(In millions of dollars)
Maturity classes
End of
fiscal year
or month
Amount
outstanding
privately
held
Hi thin
1 year
74,803
79,509
84,041
87,150
115,677
1979
161,863
165,978
167,869
164,862
210,3e2»
279,782
294,595
326,674
356,501
380,530
1978-Mar.
1971
1972
1973
1974
1975
1976
..
•'..
T.O
1977
1978-
1
-
5
years
5-10
10 -20
years
years
153,203
161,329
163,819
181,883
58,557
57,157
54,139
50,103
65,852
89,151
94,845
113,319
132,993
127,574
14,503
16,033
16,385
14,197
15,385
24,169
31,247
33,067
33,500
32,279
151.,
7?3
362,693
178,474
132,501
29,414
1979-Aug.
Sept
Oct.
Nov.
Dec.
384,771
380,530
389,074
390,439
402,226
182,891
181,883
180,676
190,403
130,607
127,574
134,205
133,276
133,173
32,392
32,279
32,325
34,319
36,592
1980-Jan.
Feb.
Mar.
Apr.
May.
June
408,300
414,647
430,036
435,283
433,175
431,893
192,829
195,694
208,542
207,942
209,899
198,365
135,132
137,442
137,514
141,992
140,835
147,756
36,793
37,593
40,151
40,111
36,317
39,715
July
.446,255
Aug.
454,063
210,106
218,977
149,215
150,764
39,426
35,652
18'2,297
6
20 years
and over
Average length
l_/
Treasury Bulletin
24
FEDERAL DEBT.
SEPTEMBER
Table FD-9.
The Second Liberty Bond Act (31 U.S.C,
757b), as amend-
Act, and the face amount of
of that
The
obligations
at
June
any
in the aggregate $400 billion
exceed
time.
28,
1980,
debt limit
ending
and
on Feb. 28,
shall be temporarily
198-1,
tiotis
increased by $525
issued under section 302
the fiscal year
added to
on
Public
the
of June 30, 1967 (Public Law 90-39)
Mortgage Association Charter Act
outstanding
Public Law 96-286 provides that beginning
Act
provides
the face amount of beneficial interests and participa-
that
guaranteed as to principal and interest by the United States,
shall not
1980
Status and Application of Statutory Limitation
ed, provides that the face amount of obligations Issued under
authority
30,
1968 and
(c) of the Federal National
(12 U.S.C,
outstanding
1717 (c) during
at any time shall be
the amount otherwise taken Into account in
mining whether the
met.
billion.
Part A. - Status Under Limitation,
September
30,
1980
(In millions of dollars)
Public debt subject to limit:
Public debt outstanding
Less amounts not subject to limit:
Treasury
Federal Financing Bank
$907
,
Total public debt subject to limit
Other debt subject to limit:
Guaranteed debt of Government agencies
Specified participation certificates
Total other debt subject to limit
Total debt subject to limit
Statutory debt limit
,
Balance of statutory debt limit
•
,
,
deter-
requirements of the above provisions are
.
October 1980
25
.FEDERAL DEBT.
Table FD-10.
-
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Housing and Urban
Development Department
Agriculture Department
Agency
for
International
Development 1/
End of
fiscal year
or month
Federal
Financing
Bank
Federal
Home Loan
Bank Boarc
Commodi ty
Credit
Corporation
Rural
Electrification
Administration
Secretary:
Farmers
Home
Administration
Programs
2/
1971
1972
1973
31,944
33,939
34,237
35,434
44,674
53,091
57,374
66,353
85,626
105,931
1974
1975
1975
T.O
1977
1978
1979
451
416
374
327
233
602
13,466
22,413
25,884
35,418
48,078
63,836
1979-Mar.,
^5,075
55,310
1979-Sept
105,931
108,557
111,061
108,225
63,836
65,583
66,281
67,382
111,800
11?, 415
115,912
119,653
122,196
123,515
125,638
126,7^2
128,825
68,294
69,267
71,885
74,009
76,009
77,408
78,870
80,024
82,559
Oct.
Nov.
Dec.
1980-Jan.
Feb.
Mar.
Apr.
May,
June,
July.
Aug..
Sept.
1,247
1,534
1,491
11,977
11, 501
10,864
8,608
5,046
2,840
n,927
5,746
6,051
6,563
6,963
7,409
7,512
7,409
7,865
7,865
7,865
14,840
7,865
3,556'
6,126
11,261
13,927
ExportImport
Bank of
Office of the Secretary
Che
United
States
College
housing
3/
loans
Urban
renewal
fund
Other
5/
Treasury Bulletin
26
FEDERAL DEBT.
Footnotes to Table FD-10.
Source:
Bureau of Government Financial Operations.
These securi ties were issued to the Treasury in exchange for adNote:
vances by the Treasury from public debt receipts under congressional
authorizations for specified Government corporations and other agencies to borrow from the Treasury.
Further detail may be found in
the 1978 Statistical Appendix to Annual Report of the Secretary of
the Treasury, pages 410-^15, and the 1978 Combined Statement of Receipts,
Expenditures and Balances of the United States Government, pages
558-560.
And predecessor agencies.
1^/
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."
Farm housing and other loan programs, Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund), Rural Housing
Insurance Fund, and Rural Development Insurance Fund.
2/ Includes securities transferred from the Reconstruction Finance
Corporation.
%_/
9/
V
4/
2'
^/
y
As of May 1980, the college housing loan program was transferred to
the Department of Education.
Consists of notes issued to borrow for: public facility loans; Low
Rent Public Housing Fund; and Housing for the Elderly or Handicappe-d.
Consists of liabilities taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.
C. 1719 (c), 1720 (d), and 1721 (d)) and also securities transferred
from the Reconstruction Finance Corporation.
Public Housing Administration 1960-1963; Federal Housing Administration beginning January 1966; Housing Assistance Administration from
September 1968-December 1969.
10 /
Consists of notes of: The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture; the Secretary of the Interior (Defense Minerals Exploration
Administration); and the Secretary of the Treasury through
May 1964.
Consists of notes issued by the:
International Communication Agency
for informational media guaranties (see footnote 1); Secretary of
Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fiscal years 1963-67 and Federal Ship Financing Fund
(NOAA), beginning December 1972; Virgin Islands Corporation from
September 1959-September 1968; District of Columbia Commissioners
for the Stadium Sinking Fund beginning December 1971; 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;
Secretary of Transportation (Washington Metropolitan Area Transit
Authority) beginning December 1972; Health, Education, and Welfare,
Office of Education (Student Loan Insurance Fund) from May 1973 August 1973; Pension Benefit Guaranty Corporation from September 1974;
Federal Railroad Administration, rail service assistance, beginning
January 1976, and regional rail reorganization, April, 1976;
Bonnerville Power Administration beginning September 30, 1977;
Secretary of Energy beginning October, 1977; General Services
Administration (Pennsylvania Avenue Corporation) beginning
November, 1977, and advances for the National Flood Insurance Fund.
Outstanding loans cancelled pursuant to Public Law 93-426, dated
September 30, 1974.
27
October 1980
.FEDERAL DEBT,
Table FD-11. - Description of Securitiu of Government Corporations and Other
Business-Type Activities Held by the Treasury, September 30, 1980
28
Treasury Bulletin
-FEDERAL DEBTTable FD-11. - DescriptioD of Securities of Government Corporations and Other
Business-Type Activities Held by the Treasury, September 30,
1980— Continued
{In millions of dollars)
Interest payable
Title and authorizing act
Federal Emergency Management Agei
Executive Order, April 1, 1979
National Flood Insurance Fund, ad
Aug. 1, 1968--Cont.
Do.
Do.
Various dates
Principal
amount
.
.
29
October 1980
.FEDERAL DEBTTable FD-11. - Description of Securities of Government Corporations and Other
Business-Type Activities Held by the Treasury, September 30, 1980— Continued
Title and authorizing act
Date of issue
Saint Lawrence Seaway Development Corporation,
act of May 13, 1954, as amended:
Revenue bonds
Secretary of Agriculture, Fanners Home
Administration;
Rural housing insurance fund, act of July 15,
1949, as amended:
Notes
Notes
Various dates
1993
June
30,
Various dates
June
16,
Various date
Do.
Do.
Oct.
Advances.
Subtotal
Agricultural Credit insur
lii,19i6, as amended:
Advances
Advance
Advance
Advances
Do.
Do.
Apt.
Rural development
Aug.
30,
nsurance fund, act of
1972:
Advance.
June
June
Sept.
Various
. .
Advances.
Advance.
Total, Secretary of Agriculture, Farmers
Home Administration
Department of Education;
College housing loans, act of Apr. 20, 1950
as amended:
Advance
Secretary of Housing and Urban D.svelopment;
Housing for the Elderly or Handicapped,
act of 1959
Advances
Do.
Do.
New Communities Cuarantet , Metropolitan
Development, Title IV, i ct of August 1, 1968:
Advance,
Advances
Advance,
Do.,
Do..
Subtotal.
New Comraunitiefl Guarantee, Metropolitan
Development, Title VII, act of Dec. 31,
Advances
Advances
Advances
Advances
Advances
Advance
Advance
Do.
Do.
Advance.
Advance.
Advance.
Subtotal.
30,
30,
19,
1978
1976
1978
dates
do
26,
1979
June
1,
1980
Treasury Bulletin
30
^FEDERAL DEBT
Table FD-11. - Description
->f QOvernment Corporations and Other
Business-Type Activities Held by the Treasury, September 80, 1980—G*nti»aed
(In millions of dollars)
Title and authorizing act
Date of Issue
Secretary of the Interior:
Bureau of Mines:
Helium fund, act of Sept. 13, 1960: —Continued
Notes
Various dates
Do
Do
Do
do
do
do
do
do
do
do
do
do
do
do
10,
Notes
Do
Do..
Do..
Do..
Do..
Do..
Do..
Note..
Notes.
Note.
Apr.
1970
Various dates
July 28,
1972
Total.
Secretary of Transportation:
Rail Service Assistance, act of January 8, 1971:
Advance
Apr.
20,
1980
Subtotal
Regional Rail Reorganization, act of January
2,
1974:
Advance
Total.
Smithsonian Institution:
John F. Kennedy Center parking facilities,
act of Jan. 23, 1964:
Revenue bonds
Various dates
Do
Do
Do
Do
do
do
do
do
Revenue bond
Revenue bond s
June 12,
195
Various dates
Do
Do
Total
Tennessee Valley Authority, act of Aug.
Advances.
do
do
6,
International Communication Agency, act of
Apr. 3, 1948, as amended:
Note of Administrator (ECA)
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Do
Total.
Veterans Administration:
Veterans Direct Loan Program, act of
Apr. 20, 1950, as amended:
Agreements
Do
Do
Do
Do
Agreement
Do
Do
Do
Do
Agreements
Do
Do
Do
Do
Agreement
Agreements
Total.
Total securities.
1959:
May
Oct.
26,
1980
Date payable
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Interest payable
31
October 1980
PUBLIC DEBT OPERATIONS
Public Debt Securities Other
Table PDO-1. - Maturity Schedule of Interest-Bearing Marketable
Bills
Treasury
52-Week
and
Weekly
Regular
than
Outstanding, September 30, 1980
(In millions of dollars)
Amount of maturities
Date
of final
maturity
1960
Oct.
Oct.
Nov.
Nov.
Nov.
Dec.
Dec.
Description
1..
31..
15..
15..
30..
31..
31..
1-1/27.-EO
8-7/8V.-U
3-1/27.
7-1/87.-J
9-1/47.-V
5-7/e7.-F
9-7/87.-W
Note
Note
Bond
Note
Note
Note
Note
Total
1981
Jan.
Feb.
Feb.
Feb.
Mar.
Mar.
Apr.
Apr.
Hay
Note
Note
Note
7-3/87.-C
Note
9-3/47.-Q
Note
6-7/87.-H
Note
9-5/87.-R
1-1/27.-EA Note
Note
9-3/47.-S
Note
7-3/87.-D
Note
7-1/27.-M
Note
9-3/47.-T
Note
6-3/47.-J
Note
9-1/87.-U
Note
9-3/87.-V
Bond
77.
Note
7-5/87.-F
Note
8-3/e7.-N
Note
9-5/87.-W
Note
6-3/47.-W
10-1/87.-X Note
1-1/27.-E0 Note
12-5/87.-Y Note
Note
7-3/47.-B
Note
77.-G
12-1/87.-Z Note
Note
1/47.11-3/87.-AB Note
<)-3/47.-P
15..
15..
28..
31..
30..
15..
15..
31..
June 30..
June 30..
July 31..
15..
Aug.
15..
Aug.
15..
Aug.
31..
Aug.
Sept. 30..
Sept. 30..
Oct.
1..
31..
Oct.
15..
Nov.
15..
Nov.
30..
Nov.
Dec.
31.,
31.,
Dec.
May
May
77.-A
Total
1982
Jan.
Feb.
Feb.
Feb.
Mai.
Mar.
Apr.
Apr.
May
May
May
May
June
June
31..
15..
15..
28..
31..
31..
1..
30..
15..
15..
15..
31..
30..
30..
31.
15.
15.
Aug.
31.
Aug.
Sept. 30.
Sept. 30.
July
Aug.
Oct.
Nov.
Nov.
1.
15
15.
31.
11-1/27.-N
6-3/87.
6-1/87.-D
13-7/87.-P
7-7/87.-G
157.-Q
1-1/27.-EA
11-3/87.-R
87.-A
77.-E
9-1/47.-K
9-3/87.-S
8-1/47.-H
8-5/87.-T
8-7/87.-U
8-1/87.-B
97.-M
11-1/87.-V
8-3/87.-1
11-7/87.-W
1-1/27.-E0
7-7/87.-C
7-1/87.-F
9-3/87.-L
Note
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Note
Total
1983
Feb.
Har.
Apr.
15...
31...
1...
15...
May
15...
May
15,78
June
June 30...
15...
Aug.
15...
Aug.
Sept. 30...
Oct.
Nov.
Nov.
Dec.
1...
15...
15...
31..,
87.-A
9-1/47.-D
1-1/27.-EA
7-7/87.-C
11-5/87.-G
13 3-1/47.
8-7/87.-E
11-7/87.-T
9-1/47.-K
9-3/47.-F
1-1/27.-EO
77.-B
9-7/87.-L
10-1/27.-H
Total
Feb.
Note
Note
Note
Note
Note
Bond
Note
Note
Note
Note
Note
Note
Note
Note
Issue
date
10/1/75
10/31/78
10/3/60
11/15/77
11/30/78
12/7/76
1/02/79
32
Treasury Bulletin
.PUBLIC DEBT OPERATIONS
Table PDO-2. - OfferingB of Bills
(Amounts in millions of dollars)
Description of new issue
Maturity
date
Regular weekly:
(13-week and 26-week)
1980- June
5
12
19
26
July
3
10
17
24
31
Aug.
7,
14,
21.
28.
Sept.
4.
11.
18.
25.
52-weeks :
1979-Sept.
Oct.
Nov.
Dec.
1980- Jan.'
18.
16.
13.
11.
8.
Feb.
5.
Mar.
Apr
4.
1
29.
May
June
27.
24.
July
22.
Aug.
Sept.
19.
16.
/
Sept.
Number of
days to
maturity ^/
33
October 1980
PUBLIC DEBT OPERATION
Table PDO-2
-
Offerings of Billi-Continued
Treasury Bulletin
34
.PUBLIC DEBT OPERATIONSL
Table PDO-3.
-
New Money
Financing through Regular Weekly Treasury Bills
i'
—Continued
(Dollar amounts in millions)
Description of Issue
Issue
date
19,79-Mar.
Maturity
date
Number of
days to
maturi ty
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted J_/
(Percent)
New money
increase, or
decrease {-
35
October 1980
.PUBLIC DEBT OPERATIONS.
Table PDO-3.
-
New Money Financing through Regular Weekly Treasury
(Dollar amounts In millions)
Description of Issue
Issue
date
Billa
V-Continued
Treasury Bulletin
56
PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
tUoiLar amounts
m
ttiiLlTDTiS7
October 1980
37
.PUBLIC DEBT OPERATIONS.
Table PDO-4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills— Continued
(Dollar AjBounts in millions)
Date subscrip-
38
Treasury Bulletin
.PUBLIC DEBT OPERATIONS,
Footnotes to Table PDO-4.
Source;
Bureau of the Public Debt.
Note:
All securities except EA 4 EO notes were sold
auction through
competitive and noncompetitive bidding.
For bin issues, always sold at auction, the rate
shown la the equivalent average rate (bank discount basis) of accepted bids.
Other
securities Issued at par except those sold at auction. For
details
of bill offerings see Table PDO-2.
From date of additional Issue in case of a
reopening.
In reopenings the amount Issued is in addition
3/
to the amount of
original offerings.
4/ For securities exchanged for the new Issues see Table PDO-7.
Exchange offering available to owners of nonmarketable
5/
2-3/47. Treasury
Sonds, Investment Series B-1975-80, dated April
1, 1951.
For further
Information on the original offering see Treasury Bulletin
for April
1951, page A-1.
y
y
it
7/
8/
9/
10/
U/
12/
13/
14/
15/
16/
W
18/
19/
20/
21_/
22/
23/
24/
Yields accepted ranged from 7. 52'/. (price 99.961) up to 7.567. (price
99.891) with the average at 7.557. (price 99.909).
Yields accepted ranged from 7.507. (price 99.936) up to 7.557. (price
99.794) with the average at 7.537. (price 99.850).
Prices accepted ranged from 100.80 (yield 7.857.) down to 100.58
(yield 7.897.) with the average at 100.65 (yield 7.887.).
Prices accepted ranged from 100.73 (yield 8.187.) down to 100.01
(yield 8.257.) with the average at 100.13 (yield 8.237.).
Yields accepted ranged from 7.677. (price 99.818) up to 7.717. (price
99.845) with the average at 7.707. (price 99.863).
Yields accepted ranged from 7.877. (price 99.997) up to 7.907. (price
99.894) with the average at 7.897. (price 99.928).
Yields accepted ranged from 7.507. (price 100.000) up to 7.577. (price
99.872) with the average at 7.567. (price 99.891).
Yields accepted ranged from 7.937. (price 99.740) up Co 7.957. (price
99.657) with the average at 7.947. (price 99.698).
Yields accepted ranged from 7.757. (price 100.000) up to 7.827. (price
99.873) with the average at 7.807. (price 99.909).
Yields accepted ranged from 8.267. (price 99.933 up to 8.307. (price
99.665) with the average at 8.297. (price 99.732).
Prices accepted ranged from 99.23 (yield 8.457.) down to 98.91
(yield
8.487.) with the average at 99.02 (yield 8.477.).
Yields accepted ranged from 8.007. (price 100.000) up to 8.107. (price
99.819) with the average at 8.097. (price 99.837).
Yields accepted ranged from 8.247. (price 100.013) up to 8.287.
(price 99.877) with the average at 8.277. (price 99.911).
Yields accepted ranged from 8.257. (price 100.000 up to 8.337. (price
99.855) with the average at 8.327. (price 99.873).
Yields accepted ranged from 8.627. (price 100.008) up to
8.637. (price
99.924) with the average also at 8.637..
Yields accepted ranged from 8.527. (price 99.964) up to
8.627. (price
99.734) with the average at 8.617. (price 99.802).
Yields accepted ranged from 8.447. (price 99.831) up to
8.477. (price
99.753) with the average at 8.467. (price 99.779).
Yields accepted ranged from 8.287. (price 99.843) up to 8.417.
(price
99.166) with the average at 8.367. (price 99.426).
Yields accepted ranged from 8.377. (price 100.055) up to 8.467.
(price
99.079) with the average at 8.437. (price 99.402).
50/
51/
52/
53/
54/
55/
56/
HI
58/
59/
60/
61./
62/
63/
64/
65/
66/
67/
68/
69/
70/
21/
11/
73/
74/
11'
76/
Yields accepted ranged from 8.737. (price 99.714) up to 3.837. (price
99.302) with the average at 8.817. (price 99.467).
Yields accepted ranged from 9.357. (price 100.045) up to 9.457. (price
99.866) with the average at 9.417. (price 99.938).
Yields accepted ranged from 9.037. (price 99.923) up to 9.077. (price
99.820) with the average at 9.067. (price 99.845).
Prices accepted ranged from 100.07 (yield 8.997.) down to 99.96
(yield 9.017.) with the average at 100.00 (yield 9.007.).
Prices accepted ranged from 102.36 (yieldp8.897.) down to 101,99
(yield 8.937.) with the average at 102.13 (yield 3.927.).
Yields accepted ranged from 9.607. (price 100.045) up to 9.667. (P'l':^
99.933) with the average at 9.657. (price 99.955).
Yields accepted ranged from 9.237. (price 99.997) up to 9.277. (price
99.848) with the average at 9.257. (price 99.922).
Yields accepted ranged from 10.207. (price 99,869) up to 10.227. (price
99.334) with the average at 10.217 (price 99.351).
fields accepted tanged from 9.757. (price 100.000) up to 9.817. (price
'•^.306) with the average at 9.797. (price 99,371).
Yields accepted ranged from 10.107. (price 100.155) up to 10.257. (price
99.013) with the average at 10.177. (price 99.620),
Yields accepted ranged from 12,557. (price 100.129) up to 12.697. (price
99.888) with the average at 12,667. (price 99.940).
Yields accepted ranged from 11.627. (price 100.014) up to 11.647. (price
99.953) with the average at 11.647. (price 99.958).
Yields accepted ranged from 10.707. (price 100.303) up to 10.797. (price
99.759) with the average at 10.757. (price 100,000).
Yields accepted ranged from 10.397. (price 99.863) up to 10.487. (price
99.045) with the average at 10.447. (price 99.407).
Yields accepted ranged from 12.187. (price 99.905) up to 12.267. (price
99.767) with the average at 12.247. (price 99.801).
Yields accepted ranged from 10.287. (price 100.339) up to 10.497. (price
99.532) with the average at 10.407. (price 99.898).
Yields accepted ranged from 11.427. (price 99.922) up to 11.447. (price
99.337) with the average at 11.43% (price 99.904).
Yields accepted ranged from 10.397. (price 100.353) up to 10.607, (price
99.681) with the average at 10.527. (price 99.936).
Yields accepted ranged from 10.587. (price 99.352) up to 10.617. (price
99.130) with the average at 10.607. (price 99.204).
Yields accepted ranged from 11.507. (price 100.000) up to 11.537. (price
99.948) with the average at 11.527. (price 99.965).
Yields accepted ranged from 11.877- (price 100.014) up to 12.007. (price
99.651) with the average at 11.937. (price 99,707).
Yields accepted ranged from 11.987. (price 99.932) up to 12.057. (price
99.599) with the average at 12.027. (price 99.742).
Yields accepted ranged from 11.787. (price 99.754 up to 11.877. (price
99.021) with the average at 11.847. (price 99.264),
Yields accepted ranged from 13,917. (price 99,941) up to 14.007. (price
99.788) with the average at 13.987. (price 99.322).
Yields accepted ranged from 14.20% (price 100,443) up to 14,507, (price
99,365) with the average at 14.397. (price 99.758).
Yields accepted ranged from 14.947. (price 100.101) up to 15.07% (price
99.833) with the average at 15.017. (price 99.933).
Yields accepted ranged from 14.207. (price 100.149) up to 14.337. (price
99.763) with the average at 14.297. (price 99.381).
Yields accepted ranged from 12.607. (price 100.092) up to 12.727. (price
99.293) with the average at 12.69% (price 99.492),
Yields accepted ranged from 11.41% (price 99.939) up to 11.46% (price
99.352) with the average at 11.44% (price 99.387).
Yields accepted ranged from 9.28% (price 99.316) up to 9.35% (price
99.623) with the average at 9.32% (price 99.706).
Price accepted ranged from 106.10 (yield 9.75%) down to 104.84 (yield
9.95%) with the average at 105.27 (yield 9.38%).
""^'"' ^''°"' ^°-°^''- 'P"^'" 99.243) up to 10.18% (price
la'Jo^""''?'''''
98.322) with the average at 10.12% (price 98.876).
"'''"^^'' '"" ''"'•
<P"-1" 100.151) up to 9.40% (price
oo''i^f<'"'"?'^''
99.956) with the average at 9.37% (price 100.009).
Yields accepted ranged from 9.56% (price 100.177)
up to 9.69% (price
99.654) with the average at 9.66% (price 99.7?5)
Yields accepted ranged from 8.55% (price 100.135)
up to 8.65% (price
99.955) with the average at 8.63% (price
99.99J).
Yields accepted ranged from 8.94% fprice 99.735)
up to 9.01% (price
99.555) with the average at 3.99% (price 99,621).
Yields accepted ranged from 10.40% (price 99.813) up
to 10.44% (price
99.515) with the average at 10.42% (price 99.664).
Yields accepted ranged from 8.92% (price 99.919) up to 9.00% (price
99.776) with the average at 3.97% (price 99.330).
Yields accepted ranged from 9.85% (price 99.955) up to 9.90% (price
99.818) with the average at 9.83% (price 99.873).
Yields accepted ranged from 10.73% (price 100.121) up to 10.85% price
99.399) with the average at 10.81% (price 99.639).
Prices accepted ranged from 97.40 (yield 10.66%) down to 96.18 (yield
10.80%) with the average at 96.91 (yield 10.71%).
Yields accepted ranged from 11.18% (price 99.904) up to 11.26%
(price 99.765) with the average at 11.24% (price 99.799).
Yields accepted ranged from 11.69% (price 100.103) up to 11.73%
(price 99.759) with the average at 11.76% (price 99.835).
Yields accepted ranged from 11.85% (price
100,043) up to 11.96%
(price 99.853) with the average at 11,93%
(price 99 905)
Yields accepted ranged from 12.05% (price
100.233) up to'l2,157
(price 99.923) with the average at
12,13% (price 99.985).
Yields accepted ranged from 11.48% (price
100.083) up to 11.75%
(price 93.197) with the average at 11.61%
(price 99.171),
Less than 5500,000. p Pee im- -Trv.
.
25/
26/
27/
28/
29/
30/
31/
32/
33/
^—
35/
36/
37/
38/
39/
40/
—
—
—
—
—
—
—
—
'
'
'
'
'
'
—
'
Yields accepted ranged from 8.^77. (price 100.009)
uo Lu 8.397. (price
99.973) with the average at 8.387. (price 99.991).
Yields accepted ranged from 8.387. (price 99.961) up to
3.427. (price
99.826) with the average at 8.417. (price 99.359).
Yields accepted ranged from 8.597. (price 100.063) up to
8.667. (price
99.937) with the average at 8.657. (price 99.955).
Yields accepted ranged from 8.607. (price 100.175) up
to 8.657. (price
99.757) with the average at 3.647. (price 99.340).
Yields accepted ranged from 8.907. (price 99.955) up
to 8.987. (price
99.812) with the average at 8.947. (price
99.883),
Yields accepted ranged from 9.337. (price 99.766)
up to 9.377 (price
99.649) with the average at 9.367. (price 99.678).
Yields accepted ranged from 8.757. (price 100.000)
up to 8.907. (price
99.020) with the average at 3.857. (price 99.345)
Yields accepted ranged from 3.827. (price
99.266) up to 8.877. (price
98.747; with the average at 8.367. (price
98.851)
<(""'« W-857)'up to 9.377. (price
??'!•
QO^^a'l''!-!^!^.""^^''*'''""'
99.786)
with the average at 9.367. (price 99.804)
Yields accepted ranged from 9.977. (price
99.332) up to 10.007. (price
90 na\ with
,>t the
u
99.779)
avearage at 99.991 ( price 99 797)
""Sed from 9.437. (price 99.820) up'to 9.477. (price
oo^iao^°"°l;"^
99.690)
with the average at 9.457. (price 99 755)
""^'^ ^'"°'" *'•'''"• 'P""'" 100.045) up to 9.017. (price
IQ°R«?^^'"E";'
99.882) with the average at 9.007. (price
99.963)
""*'^'' *'"'" '•''2''- 'P"^'" 'i'^.ilb) up to 9.877. (price
Io°i«?."^^E"u
99.787) with the average at 9.857. (price 99
822)
""^''"' '^""' *•"'• 'P"" 100.281) up to 9.027.
(price
9Q^«««l""J"^
99.888)
with the average at 9.017. (price 99 944)
°"^P'^^'' "°Sed from 97.4«,^eld 9;00%) down to 96.90
(yield
o^nt^t with the average
9.05/.)
at 97.05 (yield 9 037)
""P'^^ ""Sed from 9.757. (price lOO.'oOO) up to 9.377. (price
oJ^"'
99. /«7) with the average at 9.85% (price
99.822)
""*^^'' ''°"' '•"''• 'P-^l" "-'05) up to 9.367. (price
oo^^o^""''"''
99.605) with the average at 9.357. (price 99.638)
""8^'^ *''°"' ^•'•"- 'Pi-l^^ 99.938) up to 9.707. (price
Io'l^^""P"''
99.868) with the average at 9.687. (price 99 903)
^'"P""* ""eed from 99.09 (yield 9!l07.)'down to 93.69 (yielc
V'\l^^
9.15/.) with the average at 98.79 (yield 9
147)
""«'''' ^'"^ '•"'• 'P-"'" 100.000) up to 9.797.
(price
99^o^l^""l;'^^
99.929) with the average at 9.787. (price 99
947)
""8='' f"™ ''.3« (price 99.296)'up to 9.337. (price
""fP"''
li^Ml
99.168 with the average at 9.377. (price
99 232)
""^"^ '^'^°"' ''^^- ^P"^'" 99'.039)'up to 9.247. (price
oa'J^^""?"^
98.338)
with the average at 9.237. (price 98.933)
""*^^'' ^'""' '•"' 'P'^^" 100.000) up to 9.777.
(price
li''\i^,^''^"Vt
99.964) with the average also at 9.777..
""^"^ ^"'" ''•^°''- <?"'" ''-S") up to 9.237. (price
oa^«??^""E"''
99.813) with the average at 9.227, (price 99
830)
""*''' '""" ^^'^''- 'P'^"^ 100.033) up to 3.937. (price
9Q°«?Ql"^!r°u
99.819) with the average at 8.397. (price
99.950)
21/
78/
79/
80/
81/
82/
83/
84/
85/
86/
87/
88/
89/
90/
21/
92^/
93/
94/
95/
I
October 1980
39
.PUBUC DEBT OPERATIONS.
Table PDO-6. - Unmatured Marketable Securitiee Issued at a Premium or Discount
Other than Advance Refunding Operations
Descr
Treasury Bulletin
40
.PUBLIC DEBT OPERATIONS-
Table PDO-5. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations-Continued
Description of securities
1981
77.
Date of
financing
Amount issued
(In millions)
Average price
per hundred
Effective
Interest
Eligible securities exchanged
October 1980
41
.PUBUC DEBT OPERATIONS.
Table PDO-5. - Unmatured Marketable SecuritieB Issued at a Premium or Discount
Other than Advance Refunding Operations-Continued
42
Treasury Bulletin
-PUBUC DEBT OPERATIONS
Table PIX)-5. - Unmatured Blarketable Securitiee lasued at a Premium or Discount
Other than Advance Refunding Operation8-K]!ontinued
Descr ipti on of securi ties
Date of
f inane ing
Amount issued
(In millions)
Average price
October 1980
43
.PUBUC DEBT OPERATIONS,
Table PDO-6. - Unmatured Marketable Securitiee Issued at a Premium or Discount
Other than Advance Refunding Operations—Continued
Description
o
u
Treasury Bulletin
.
Table PDO-6.
PUBLIC DEBT OPERATIONS.
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part;
A.
-
Other than Bills 1/
illions of dollars)
Issues
43
October 1980
.PUBLIC DEBT OPERATIONS,
Table PDO-6. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Bills
(In millions of dollars)
Issues
l'
-Continued
46
Treasury Bulletin
.PUBLIC DEBT OPERATIONS.
Table PDO-6.
-
Allotments by Investor Classes on Subscriptions
Part B.
-
Bills
for Public
Other than Regular Weekly Series
Marketable Securities
October 1980
47
.PUBLIC DEBT OPERATIONS,
Table PDO-7.
-
Disposition of Public Marketable Securities
Other than Regular Weekly T^^easury Bills
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refiinding
iFsue
date
Description
or retirement
87.
Bill
Note
Bill
Note
Note
1/10/78
1/31/78-J
2/7/78
2/15/78-A
2/28/78-G
1/11/77
2/2/76
2/8/77
2/15/71
10/7/75
3/7/78
3/31/78
5.2267.
6-3/47.
Bill
Note
3/7/78
3/31/78-K
3/8/77
3/31/76
4/1/78
4/4/78
4/30/78
1-1/27.
Note
Bill
Note
4/1/78-EA
4/4/78
4/30/78-L
4/1/73
4/5/77
5/17/76
5/2/78
5/15/78-D
5/15/7e-F
5/30/78
5/3/77
2/18/75
8/15/75
5/31/77
1/10/78
1/31/78
2/7/78
2/15/78
2/28/78
4.7287.
6-3/87.
5.3447.
6-1/47.
5.1587.
6-1/27.
5/2/78
5/15/78
5/15/78
5/30/78
5.1607.
7-1/87.
7-7/87.
5.4037.
Bill
Note
Note
Bill
5/31/78
6/27/78
6/30/78
7-1/87.
5.4087.
6-7/37.
Note
Bill
Note
5/31/78-M
6/27/78
6/30/78-N
6/1/76
6/28/77
6/30/76
7/25/78
7/31/78
5.6487.
6-5/87.
Bill
Note
7/25/78
7/31/78-P
7/26/77
7/30/76
8/15/78
8/15/78
8/22/78
8/31/78
8-3/47.
7-5/87.
6.1057.
6-5/87.
Note
Note
Bill
Note
8/15/78-C
8/15/78-E
8/22/78
8/31/78-Q
5/15/74
5/15/75
8/23/77
8/31/76
9/19/78
9/30/78
10/1/78
6.1567.
6-1/47.
1-1/27.
Bill
Note
Note
9/19/78
9/30/78-R
10/1/78-EO
9/20/77
9/30/76
10/1/73
10/17/78
10/31/78
6.6197.
5-7/87.
Bill
Note
10/17/78
10/31/78-S
10/18/77
11/01/76
11/14/78
11/15/78
11/30/78
6.5427.
5-3/47.
Bill
Note
Note
11/14/76
11/15/78-8
11/30/78-T
11/15/77
11/15/71
11/30/76
12/12/78
12/31/78
12/31/78
1/09/79
6.5457.
8-1/87.
5-1/47.
6.5527.
Bill
Note
Note
Bill
12/12/78
12/31/78-H
12/31/78-U
1/9/79
12/13/77
10/22/75
12/31/76
1/10/78
1/31/79
2/6/79
2/15/79
2/28/79
3/6/79
5-7/87.
6.8147.
Note
Bill
Note
Note
Bill
1/31/79-L
2/6/79
2/15/79-H
2/28/79-M
3/6/79
2/3/77
2/7/73
2/17/76
2/28/77
3/7/78
3/31/79
4/01/79
4/03/79
4/30/79
67.
Note
Note
Bill
Note
3/31/79-N
4/1/79-EA
4/3/79
4/30/79-P
3/31/77
4/1/74
4/4/78
5/2/77
5/1/79
5/15/79
5/29/79
5/31/79
7.0737.
7-7/87.
7.4177.
6-1/87.
Bin
Note
Bill
Note
5/1/79
5/15/79-D
5/29/79
5/31/79-Q
5/2/78
11/6/74
5/30/78
5/31/77
6/26/79
6/30/79
6/30/79
7.6787.
7-3/47.
6-1/87.
Bill
Note
Note
6/26/79
6/30/79-E
6/30/79-R
6/27/78
7/9/75
6/30/77
7/24/79
7/31/79
8/15/79
8/15/79
8/21/79
8/31/79
7.8207.
6-1/47.
6-1/47.
6-7/87.
7.8767.
6-5/87.
Bill
Note
Note
Note
Bill
Note
7/24/79
7/31/79-S
8/15/79-A
8/15/79-J
8/21/79
8/31/79-T
7/25/78
8/1/77
8/15/72
8/16/76
8/22/78
8/31/77
9/18/79
9/30/79
9/30/79
7.9547.
8-1/27.
6-5/87.
Bill
Note
Note
9/18/79
9/30/79-F
9/30/79-U
9/19/73
9/04/75
9/30/77
10/1/79
10/16/79
10/31/79
1-1/27.
8.2727.
7-1/47.
Note
Bill
Note
10/1/79-EO
10/16/79
10/31/79-V
10/1/74
10/17/78
10/31/77
11/13/79
11/15/79
11/15/79
11/15/79
11/30/79
12/11/79
9.3127.
6-5/87.
Bill
Note
Note
Note
Note
Bill
Note
Note
Bill
11/13/79
11/15/79-B
11/15/79-C
11/15/79-K
11/30/79-W
12/11/79
12/31/79-G
12/31/79-X
1/8/80
11/14/78
2/15/73
11/15/73
11/15/76
11/30/77
12/12/78
1/6/76
1/3/78
1/9/79
7-1/2-i
9.3487.
Note
47.
Bond
Note
1/31/60-K
2/5/80
2/15/80
2/15/80-G
1/31/78
2/6/79
1/23/59
2/15/77
.12/31/79
12/31/79
1/8/80
1/31/80
2/5/80
2/15/80
2/15/80
67.
77.
5-7/87.
6.8597.
1-1/27.
6.8777.
5-7/87.
77.
6-1/47.
7-1/8-/;
9.3207.
7-1/27.
7-1/87.
9.6057.
6-1/27.
BUI
Amount
outstanding
,071
Cash
retirement
Exchange
security
offered
Results of exchange offers
Exchanged
Tiu-ned
in for
cash 2/
Description of new
securities offered
(See also Table PDO-«)
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS,
Table PDO-7.
-
Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills—Continued
Date of
October 1980
49
.PUBLIC DEBT OPERATIONS.
Footnotes to Table PDO-7
Source:
Bureau of the Public Debt.
Original call and maturity dates are used.
All by investors other than Federal Reserve banks.
2^/
19/
W
^/
4^/
5/
6/
~
—7/
—
2.'
i£'
ii./
12^/
i2'
—
'
15 /
16/
17 /
M'
Exchanged by Federal Reserve banks and Government accounts for 7-l/27„
notes of Series K-1980 issued January 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $1,000
million of 7-1/27. notes of Series M-l<)81, 5200 million of 87. notes
of series A-1985, and $771 million of 8-1/47. bonds of 2000-05 issued
February 15, l')78.
Exchanged by Federal Reserve banks and Government accounts for 7-5/87.
notes of Series L-l')80 issued February 28, 1978.
Exchanged by Federal Reserve banks and Government accounts for an
additional amounts of 7-1/27. notes of Series C-1980 issued March 31,
20 /
.ri'
W
A±'
24/
''"^'
Exchanged by Federal Reservis banks and Government accounts for 7-3/47.
notes of Series N-1980 issued May 1, 1978.
Exchanged by Federal Reserve banks and Government accounts for $59
million of 8-1/47. notes of Series A-ia«8 and $895 million of 8-3/87.
bonds of 1995-2000 Issued May 15, 1918.
Exchanged by Federal Reserve banks and Government accounts for 8-1/47.
notes of Series A-1988 issued May 15, 1978.
Exchanged by Federal Reserve banks and Government >iccounts for 87. notes
of Series P-1980 issued May 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for S-1/47.
notes of Series Q-1980 issued June 30, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-1/27.
notes of Series R-1980 issued July 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $34
million of 8-1/47. notes of Series B-1985 and $600 million of 8-3/87.
bonds of 2003-2008 issued August 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for $1,200
million of 8-3/87. notes of Series N-1981 and $1,400 million of 8-\/f/,
not!"s of Series B-1985 issued August 15, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-3/87.
notes of Series S-1980 issued August 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for 8-5/87,
notes of Series T-1980 issued October 2, 1978.
Exchanged by Federal Reserve banks and Govertunent accounts for 8-7/87.
notes of Series U-1980 issued October 31, 1978.
Exchanged by Federal Reserve banks and Government accounts for $978
million of 9-1/47. notes of Series K-1982, $931 million of 8-3/47.
notes of Series B-1988, and $678 million of -i-i/n bonds of 2003-08
Is-'-ied November 15, 197H.
Ai/
±2.'
ii/
±°.'
±2./
^t
11/
2A'
33/
34/
Exchanged by Federal Reserve banks and Government accounts for 9-1/47.
notes of Series V-1980 issued November 30, 1978.
Exchanged by Federal Reserve banks and Government accounts fpr $450
million of 9-7/87. notes of Series W-1980 and $192 million of notes
of Series L-1982 Issued January 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/87.
notes of Series L-1982 issued January 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series P-1981 issued January 31, 1979.
Exchanged hy Federal Reserve banks and Government iccounts for $931
million of 97. notes of Series B-1987 and $800 million of 8-3/47. bonds
of 2003-08 issued February 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series Q-1981 issued February 28, 1979*
Exchanged by Federal Reserve banks and Government accounts for 9-5/87.
notes of Series R-1981 issued April 9, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series S-1981 issued April 30, 1979.
Exchanged by Federal Reserve banks and Government accounts for $35C
million of 9-1/47. notes of Series A-1989 and $200 million of 9-1/87.
bonds of 2004-09 issued May 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/47.
notes of Series T-1981 issued May 31, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-1/87.
notes of Series U-1981 issued July 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for $93
million of 9-1/87. notes of Series U-1981 and $203 million of 8-7/87.
notes of Series E-1983 issued July 2, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-3/87,
notes of Series V-1981 issued July 31, 1979.
Exchanged by Federal Reserve banks and Government accounts for 97.
notes of Series M-1982 issued August 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for $106
million of 97. notes of Series M-1982, $500 million of 97. notes of
Series B-1987, and $396 million of 9-1/87. bonds. of 2004-09 Issued
August 15, 1979.
Exchanged by Federal Reserve banks and Government accounts for 9-5/87.'
notes of Series .W-1981 issued August 31, 1979.
30
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U.S. dollars; dollar amounts in millions)
October 1980
51
.PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries— Continued
(Payable in U.S. dollars; dollar amounts In millions)
Treasury Bulletin
52
.PUBLIC DEBT OPERATIONS.
Table PDO-8.
-
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries— Continued
October 1980
33
.PUBLIC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries— Continued
(Payable in U.S. dollars; dollar amounts in millions)
Issue
date
Maturity
1^4/80
1/04/80
1/04/80
1/07/80
1/22/80
1/22/80
1/24/80
1/24/80
1/25/80
1/25/80
1/28/80
1/30/80
4/08/80
4/08/80
4/08/80
4/08/80
1/23/80
1/23/80
4/24/80
4/24/80
4/25/80
4/25/80
4/28/80
4/30/80
1/14/80
6/30/81
02/11/80
02/11/80
12/01/80
1/05/80
11/14/79
12/07/79
12/07/79
12/10/79
12/10/79
12/11/79
12/11/79
02/14/80
03/07/80
03/07/80
03/10/80
03/10/80
03/11/80
03/11/80
12.05
11.95
11.95
11.95
11.95
12.05
12.05
01/25/80
01/28/80
01/28/80
01/28/80
01/30/80
01/30/80
01/30/80
04/25/80
04/25/80
04/28/80
04/28/80
04/30/80
04/30/80
04/30/80
12.20
12.20
12.20
12.20
12.05
12.05
12.05
02/08/80
02/14/80
02/14/80
02/14/80
05/08/80
05/14/80
05/14/80
05/14/80
12.10
12.30
12.30
12.30
08/01/77
02/15/80
6.50
10/25/79
3/04/80
3/03/80
1/05/81
12/05/79
12/11/79
12/12/79
12/13/79
12/14/79
12/14/79
12/14/79
12/17/79
12/20/79
12/20/79
12/21/79
12/21/79
12/21/79
12/27/79
12/27/79
12/28/79
12/28/79
12/28/79
12/31/79
3/05/80
3/11/80
3/12/80
3/13/80
3/14/80
3/14/80
3/14/80
3/17/80
3/20/80
3/20/80
3/21/80
3/21/80
3/21/80
3/27/80
3/27/80
3/28/80
3/28/80
3/28/80
3/31/80
1/02/80
1/03/80
1/04/80
1/07/80
1/07/80
1/07/80
4/02/80
4/04/80
4/08/80
4/08/80
4/08/80
4/08/80
2/08/80
2/08/80
2/08/80
5/08/80
5/08/80
5/08/80
3/05/80
3/05/80
3/05/80
6/06/80
6/06/80
6/06/80
3/10/77
3/15/77
9/07/77
3/31/80
3/31/80
3/31/80
date
Interest
rate
(percent)
l^SO- Jan. -Continued
Certificates of indebtedness.
Feb
Bills.
Certificates of indebtedness.
Notes
Mar
Bills
Certificates of indebtedness
12.10
12.10
12.10
12.10
11.85
11.85
12.20
12.20
12.20
12.20
12.20
12.05
9.125
11
Treasury Bulletin
54
.PUBUC DEBT OPERATIONS.
Table PDO-8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries—Continued
(Payable in U.S. dollars; dollar amounts in millions)
Issue
date
1980-Apr
Maturity
date
Interest
rate
(percent)
.
Bills.
7/31/79
10/25/79
11/29/79
4/14/80
4/17/80
4/29/80
4/01/80
6/02/80
7/01/80
8/01/80
Certificates of Indebtedness.
4/11/80
4/14/80
4/14/80
4/14/80
4/18/80
4/18/80
4/21/80
4/25/80
4/30/80
7/11/80
7/15/80
7/14/80
7/14/80
7/18/80
7/18/80
7/21/80
7/25/80
7/30/80
14.45
14.45
14.45
14.45
13.85
13.85
13.85
12.75
10.80
Notes
7/31/79
4/30/80
7.75
May
Bills
11/19/79
5/01/80
4/14/80
5/07/80
5/14/80
5/16/80
5/23/80
5/28/80
5729/80
7/14/80
8/07/80
8/14/80
8/18/80
8/25/80
8/28/80
8/29/80
9/07/77
6/01/79
5/15/80
5/31/80
7/31/79
10/31/79
11/29/79
12/19/79
1/08/80
6/17/80
6/24/80
6/19/80
6/02/80
6/02/80
10/1/80
2/02/81
6/10/80
6/11/80
6/11/80
6/12/80
6/13/80
6/18/80
6/30/80
9/10/80
9/11/80
9/11/80
9/12/80
9/15/80
9/18/80
9/30/80
6/25/73
6/23/80
6/23/80
6/30/87
Certificates of indebtedness
Notes
June
Bills
Certificates of indebtedness.
7/01/80
7/01/80
3/21/81
Certificates of indebtedness.
7/11/80
7/14/80
7/14/80
7/18/80
7/18/80
7/21/80
7/25/80
7/30/80
10/01/80
10/07/80
10/07/80
10/09/80
10/09/80
10/10/80
10/10/80
10/10/80
10/10/80
10/14/80
10/14/80
10/14/80
10/15/80
10/20/80
10/20/80
10/20/80
10/21/60
10/27/80
10/28/80
10/28/80
10/30/80
7/31/87
7/08/80
8/31/87
7/15/80
14
Total outstanding
end of month
35
October 1980
PUBLIC DEBT OPERATIONS
Table PDO-8. - Foreign Seri9s Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries-Continued
(Payable in U.S. dollars; dollar amounts in millions)
Treasury Bulletin
36
.PUBLIC DEBT OPERATIONS.
Table PDO-9.
-
Foreign Currency Series Securities (Non marketable)
Issued to Official Institutions of Foreign Countries
(Dollar amounts in millions)
Amount
(Dollar equivalent)
Securities
Feb
Notes.
Payable
I ssue
date
Swiss francs
Swiss francs
Swiss francs
7/07/76
8/06/76
Swiss francs
Swiss francs
Swiss francs
8/06/76
8/20/76
l/06/7<)
Maturity
date
Interest
rate
(percent)
1/06/78
2/06/78
7/06/79
5.70
6.50
7.05
2/06/78
2/20/78
3/10/78
6.50
6.35
6.20
Total outstanding
end of mon th
28
30
1,128
.
Mar
')/10/76
2
36
4
1,087
.
144
31
Swiss francs
Swiss francs
Swiss francs
10/08/76
3/10/78
3/10/78
4/07/78
9/10/79
6.20
5.95
7.40
Swiss francs
Swiss francs
Swiss francs
10/08/76
10/29/76
4/28/78
4/07/78
4/28/78
10/29/79
5.95
5.80
7.70
Swiss francs
12/10/76
6/09/78
Swiss francs
Swiss francs
Swiss francs
12/10/76
3/08/77
6/09/7B
6/09/78
9/08/78
10/29/79
5.25
5.90
7.95
85
Swiss francs
Swiss francs
3/08/77
4/18/77
9/08/78
10/18/78
5.90
5.60
19
22
AuR
Notes.
Swiss francs
4/18/77
10/18/78
Sept
Notes.
Swiss francs
4/18/77
10/18/78
Swiss francs
Swiss francs
10/18/78
10/18/78
7/06/79
9/10/79
9.00
9.00
Swiss francs
Swiss francs
Swiss francs
4/18/77
5/26/77
10/18/78
10/18/78
11/27/78
10/29/79
5.60
6.10
8.95
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
11/27/78
11/27/78
11/27/78
11/27/78
2/20/79
3/01/79
4/20/79
7/06/79
9.00
9.00
9.30
9.70
Swiss francs
Swiss francs
5/26/77
8/19/77
11/27/78
2/20/79
6.10
6.60
Swiss francs
11/27/78
2/20/79
9.00
Swiss francs
8/19/77
2/20/79
6.60
Swiss francs
11/27/78
2/20/79
Swiss francs
Swiss francs
Swiss francs
11/27/78
11/27/78
9/01/77
2/27/79
3/01/79
3/01/79
9.00
9.00
6.40
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
10/18/78
10/18/78
11/27/78
11/28/78
7/06/79
9/10/79
7/06/79
2/20/79
9.00
9.00
9.70
9.30
Swiss
Swiss
Swiss
Swiss
Swiss
Swiss
francs
francs
francs
francs
francs
francs
10/20/77
1/06/78
3/10/78
4/28/78
6/09/78
10/18/78
4/20/79
7/06/79
9/10/79
10/29/79
10/29/79
10/29/79
7.15
7.05
7.40
7.70
7.95
8.95
Swiss francs
10/18/78
10/29/79
Notes.
Apr
Notes.
<)/10/76
.
May
Notes
June
Notes.
July
Notes.
995
943
31
.
.
Oct.
Certificates
45
9
Nov.
Certificates,
145
3
17
130
350
14
Dec.
Certificates.
1979-Jan.
Certificates.
600
531
Feb.
Certificates.
28
3
25
Mar.
Certificates.
Apr.
Notes.
7
2
130
17
82
17
124
17
75
2
October 1980
57
PUBLIC DEBT OPERATIONS.
Table PDO-10.
-
Foreign Currency Series Securities
Issued to Residents of Foreign Countries
(Dollar amounts in millions)
Month of
activity
Treasury Bulletin
38
.UNITED STATES SAVINGS BONDS.
Series
E,
currently sold.
EE and Series HH are
Series EE January
1,
1980
since January 1, 1980.
1,
1941,
aod Series HH has been on sale
Series A-D were sold from
1935 through April 30, 1941.
December 31, 1979.
Series J and K were sold from May
through April 30, 1957.
issues, interest yields, maturities, and other terms appear
1,
in the Treasury Bulletins of April 1951, May 1951, May 1937,
October and December 3959, May and October 1961, June 1968,
Series H sold from June
1952 through
and September 1970; and the Annual Report of the
Secretary
of the Treasury for fiscal years 1966 through 1977.
TAble SB-1.
-
Sales and Redemptions by Series, Cumulative through
(In millions of dollars)
Footnotes at end of Table SB-4.
1, 1952
Details of the principal changes in
from
March
Series F and G were sold
May 1,1941 through April 30, 1952.
1,
the only savings bonds
Series E has been on sole since May
September 30, 1980
.
.
October 1980
59
.UNITED STATES SAVINGS BONDS.
Table SB-3.
-
Sales and Redemptions by Periods, Series
E through
K
(In millions of dollars)
Redemptions 1/
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
price 2/
E and H
Fiscal years:
1941-70
1971
1972
1973
1974
1975
1976
T.O
1977
1978
1979
143.455
5,082
5,939
6,514
6,429
6,826
7,293
1,833
7,895
8,026
7,295
30,411
2,056
2,110
2,564
2,749
3,252
3,496
902
3,827
4,104
4,318
178,927
7,138
8,249
9,078
9,178
10,078
10,790
2,735
11,722
12,131
11,613
12
146,147
29,499
175,646
124,097
4,665
5,477
6,236
6,270
6,862
7,038
7.555
7,954
7,959
6,988
1,909
2,192
2,426
2,673
2,994
3,368
3,597
3,910
4,180
4,298
6,574
7,669
8,662
8,943
9,856
10,406
11,152
11,853
12,139
11.286
6,281
5,237
5,359
6,206
6,284
6,290
6,762
7,114
8,195
12,316
341
352
333
372
834
7,646
5,416
5,331
5,581
6,675
6,517
6,539
1,715
7,063
7,743
10,972
Amount outstanding
Accrued
discount 4/
Interest-bearing
debt
3/
111,791
4,334
4,294
4,490
5,361
5,172
5,130
1,345
5,495
5,968
8,143
15,854
1,082
1,037
1,091
1,314
1,345
1,409
371
1,567
1,775
2,828
51,281
53,003
55,921
59,418
61,921
65,482
69,733
70,752
75,411
79,798
80,440
Calendar years
1941-69
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
Wogths ;
15,168
51.549
4,959
5,281
5,524
6,312
9,033
1,221
1,020
1,049
1,234
1,353
1,331
1,481
1,591
1,883
3,283
51,842
54,275
57,579
60,317
63,349
67,464
71,853
76,602
80,546
79,517
897
1,192
1,295
997
656
873
949
241
319
346
80,440
80,178
79,669
79,517
2,240
1,729
2,421
2,515
1,608
476
1,634
1,5S7
859
632
553
736
929
475
78
271
78,247
77,338
75,643
73,889
73,247
73,072
514
461
499
233
211
229
72,968
72,853
72.727
1979-Sept
Oct
Nov
Dec
49 3
1980-Jan
Feb
Mar
Apr
May
June.
569
476
379
390
340
301
401
345
347
371
352
374
820
726
761
692
675
319
283
276
324
643
747
74
127
557
673
603
729
5
.
.
July
Aug
Sept.
78
453
473
.
.
2
9 30
736
845
971
1,3 34
849
5,060
4,217
4,311
4,972
5,471
724
5
Series F,G,J, and K, combined 1/
Fiscal years:
1941-70
273-
Matured
non-interestbearing debt
60
Treasury Bulletin
.UNITED STATES SAVINGS BONDS,
Table SB-3.
-
Sales and Redemptions by Periods. Series
E through K-Continued
3/
(In millions of dollars)
Redemptions
Accrued
discount
Fiscal years:
Sales plus
accrued
discount
Sales
price 4/
_!/
Accrued
discount k/
Exchange of
E bonds for
H bonds
Amount
outs tanding
( interestbearing debt)
.
October 1980
61
.UNITED STATES SAVINGS BONDS.
Table SB-4.
-
Redemptions of Matured and Unmatured Savings Bonds
3/
(In millions of dollars)
Unc lassified
Series E
and H
Fiscal years
1951-64...
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
T.O
1977
1978
1979
Calendar years:
1951-69.
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
Month
:
1979-Sept.
Oct..
Nov..
Dec.
1980- Jan..
Feb..
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
87
Series E
and H
8/
Treasury Bulletin
62
.UNITED STATES SAVINGS NOTES
United States savings notes were on
through June 30, 1970.
by
individuals
with
sale
May
I,
The principal terms and conditions for purchase and re-
1967
The notes were eligible for purchase
the simultaneous purchase of Series E
,
demption and information on Investment yields of savings notes
appear in the Treasury Bulletins of March 1967 and June 1968;
and in the Annual Report of the Secretary of the Treasury for
savings bonds.
fiscal year 1974.
Table SN-1.
-
Sales and Redemptions by Periods
(In millions of dollars)
October 1980
63
.OWNERSHIP OF FEDERAL SECURITIES,
Table OFS-1. - Dittribution of Federal Secaritiu by Classes of Investors and Type 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
Public
isS4ies
Total
outstanding
Honinarke table
held by
Federal
Reserve
Govemaent
account series
1977
1978
409,467
437,329
468,426
486,247
544,131
631,385
646,379
709,138
780,425
396,289
425,360
456,353
473,238
532,122
619,254
633,560
697,629
766,971
102,888
111,460
123,385
138,206
145,283
149,611
146,105
155,490
167,973
18,092
19,868
20,080
21,229
20,475
18,353
16,640
14,619
13,886
1979
833,751
819,007
187,683
1979-Mar.
804,624
792,344
166,274
1979-Aug.
Sept
Oct.
Nov.
Dec.
820,385
833,751
834,000
840,965
852,184
812,095
819,007
825,736
832,730
843,960
1980- Jan.
Feb.
Mar.
Apr.
Hay.
June
July
Aug.
854,741
861,603
870,444
876,914
884,788
884,381
888,367
900,075
846,517
853,366
862,211
868,866
873,529
876,275
880,395
888,733
1971
1972
1973
1974
1975
1976
T.Q
,
End of
Other
bant^s
82,740
89,536
101,248
114,921
122,752
129,202
127,409
138,816
152,031
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
11,379
174,248
2,056
115,458
12,685
151,534
2,056
110,255
178,569
187,683
185,714
187,133
187,148
11,390
11,379
11,379
11,048
11,047
165,123
174,248
172,280
174,030
174,045
2,056
2,056
2,056
2,056
2,056
113,027
115,458
114,580
118,087
117,458
184,499
11,046
10,813
10,801
10,761
10,373
171,397
176,417
173,471
177,408
180,320
2,056
2,056
116,310
115,171
2,056
116,657
lli,82i,
124,003
10,327
10,328
10,086
184,576
178,831
179,676
189 i90
,
186,328
188,168
190,693
194,904
189,159
189,762
65,518
71,356
75,022
80,485
84,749
94,446
96,427
104,715
114,764
114,515
119,563
119,277
Treasury Bulletin
64
-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-
Individuals 3/
cial
banks
Savings bonds
2/
Series
E and H
1939-Dec..
1946-Feb..
Dec.
1956-June.
Dec.
1957-June.
Dec.
195e-June.
Dec
.
1959-June.
Dec.
1960- June.
Dec.
1961-June.
Dec.
1962-june.
Dec
.
1965-June.
Dec.
.
1964-June.
Dec
1965-June.
Dec.
1966-June.
Dec
.
1967-June.
Dec
.
1968- June.
Dec.
1969-June.
Dec
.
1970-June.
Dec.
1971-June.
Dec.
1972-June.
Dec.
1973-June.
Dec.
1974-June.
Dec.
1975-June.
Dec.
1976-June.
Dec.
33.4
231.6
208.1
116.8
199.4
193.5
197.2
197.2
203.7
204.4
210.6
12.7
93.8
74.5
57.3
59.5
56.2
59.5
65.2
67.2
61.5
60.3
20.7
137.9
133.6
139.5
140.9
137.4
137.7
131.9
136.2
142.8
150.4
9.4
63.9
64.1
66.6
65.9
66.3
64.9
64.4
63.7
66.3
69.4
204.5
207.5
205.4
212.3
211.5
216.2
215.0
217.2
214.7
218.9
213.6
216.8
55.3
62.1
58.2
60.7
149.2
145.5
142.9
145.2
146.4
149.0
150.7
153.0
154.6
155.0
155.4
156.1
69.7
66.1
64.6
65.8
65.5
65.9
65.9
68.0
68.5
69.5
70.7
71.9
209.6
215.5
204.4
219.5
217.0
226.7
214.0
221.2
217.2
229.1
54.8
57.4
55.5
63.8
59.7
66.0
55.3
56.8
52.6
62.7
154.9
158.1
148.9
155.8
157.2
160.7
158.7
164.5
164.7
166.4
72.8
74.2
70.4
73.5
74.2
75.1
77.3
80.8
81.8
81.2
49.2
49.8
50.4
228.9
247.1
243.6
261.7
258.9
260.9
255.6
271.0
303.2
349.4
376.4
61.0
65.3
60.9
67.7
58.8
60.3
53.2
55.6
69.0
85.1
92.5
103.8
167.9
181.8
182.8
194.0
200.1
200.6
202.4
215.4
234.1
264.2
283.8
305.7
75.4
73.2
73.2
73.9
75.9
77.3
80.7
52.5
53.8
55.4
57.1
58.9
59.8
61.4
62.9
65.0
66.9
69.2
71.6
M.ff
9.5
10.6
12.7
102.8
101.4
318.2
3 59.9
104.9
74.0
76.3
30.5
31.1
378.
109.0
114.0
78.7
409.
5
62.5
67.2
65.1
67.1
64.3
64.2
60.2
63.9
84...2
86.8
90.8
96.2
101.6
1977-June.
Dec.
421.0
1978-Junc.
477.8
508.6
99.
93.1
415.5
521.4
518.6
519.6
517.1
521.5
516.6
89.9
92.0
94.2
93.5
431.5
427.5"
427.1
425.1
427.3
423.1
115.2
116.2
116.1
116.0
117.0
519.8
521.5
523. 4r
526.5
528.6
540.5
93.4
92.7
90.1
93.5
95.0
97.0
430.0
432.5
433.3
436.1
437.1
449.0
114.3
114.4
115.5
116.0
115.4
116.1
461.
Dec.
1979-Jan
Feb
Mar
Apr.
. .
May
June.
.
July...
Aug....
Sept.
Oct
.
Nov..
DpC(
.
.
,
.
1980- Jan.,..
Feb....
Mar.. ..
Apr
May
June -.
.
.
.
Other
Series 7/
3
91.1
92.5
546.9
551.6
560.5
563.0
562.9
454.7
458.7
468.1
472.7
470.9
464.6
'i5«.2
July....
572.9
Aug. p.
583.8
1
94.4
93.1
478.5
485.7
7
107.8,
113.
117.0
113.8
30.8
30.3
40.9
41.4
41.5
41.6
42.1
42.5
42.6
1.9
12.5
13.9
9.4
8.7
7.6
6.6
5.9
5.2
4.5
42.4
3.5
42.5
42.9
43.6
44.2
44.6
3.1
2.7
45.1
46.0
46.7
47.3
47.9
48.3
48.8
50.9
51.1
51.4
51.2
51.1
50.8
51.4
SO.
2.5
2.2
2.1
1.9
1.6
1.5
1.3
1.2
1.0
.9
.7
.5
.3
.3
.4
.5
.6
.7
80.2
80.2
80.2
80.2
80.2
80.2
80.3
80.3
80.2
80.1
79.7
124..'*
125.3
124.3
120.1
73.9
73.2
73.1
121.2
124.1
73.0
72.9
5.7
24.4
24.9
13.6
13.2
12.7
12.5
12.2
12.6
12.6
12.5
24.1
20.5
18.5
19.4
18.8
19.0
18.3
19.8
19.9
20.4
21.3
22.2
12.0
11.8
11.5
11.5
11.4
11.6
11.1
11.4
11.1
11.3
10.7
10.5
22.8
23.9
19.7
22.3
22.7
23.3
25.5
29.0
30.2
29.1
10.0
9.9
9.0
9.0
8.5
8.4
8.1
7.6
7.2
7.4
3.
22.2
18.8
17.2
16.2
16.4
16.9
18.8
20.8
21.3
21.3
26.6
7.0
7.0
6.7
3.3
3.1
3.5
3.4
3.3
2.9
2.6
2.7
11.1
11.8
8.3
8.0
7.n
7.6
7.4
7.2
7.3
6.9
6.6
6.2
6.3
6.1
5.2
6.0
6.0
5.6
5.8
5.5
5.5
5.3
5.0
4.5
4.2
4.2
4.0
3.8
5
1.1
3.2
3.1
tions 4/
2.0
19.9
15.3
17.3
18.7
16.1
17.7
14.1
18.1
19.8
21.4
Foreign
and inter"
national
ments
5/
5.7
5.3
16.1
16.3
16.8
16.5
16.3
16.5
16.9
18.0
19.5
18.7
18.5
18.5
18.2
18.6
18.7
18.7
18.9
18.2
15.3
15.8
18.8
18.7
19.3
19.0
20.1
20.1
21.4
21.1
22.5
14.2
14.9
11.0
12.2
12.0
14.2
11.1
10.4
8.5
7.3
5/
.2
.3
2.4
1.9
6.2
5.7
9.5
9.3
11.4
11.1
11.1
11.5
11.6
11.2
11.8
12.3
5.5
5.9
5.9
6.9
8.1
9.9
10.1
22.9
10.1
10.9
11.3
12.0
12.6
12.6
12.0
13.1
12.2
13.0
12.5
13.5
12.7
13.5
13.6
14.8
15.1
15.6
15.8
16.3
16.8
16.7
24.5
24.3
23.6
24.1
25.1
24.9
26.4
27.2
29.0
27.8
11.6
10.8
11.4
12.9
10.7
12.5
10.3
10.4
14.0
19.8
16.9
19.4
19.3
19.9
22.7
21.9
22.0
25.0
21.0
19.9
31.9
46.1
49.2
54.5
59.4
54.7
56.9
58.8
56.0
55.5
69.8
78.1
15.6
14.0
17.0
16.6
19.3
17.3
22.1
25.2
37.4
37.8
39.7
21.1
24.1
7.4
11.4
9.3
9.8
Other
investors
10.5
21.3
24.7
26.1
12.8
15.5
6.2
5.9
20.6
21.7
49.1
50.8
87.9
109.5
29.9
33.3
14.6
14.9
5.3
5.0
20.5
21.2
59.8
64.4
119.
50. '2
137.8
53.2
15.2
15.3
15.2
14.8
14.7
14.4
4.7
4.7
4.7
5.0
4.9
22.0
22.7
23.5
24.4
25.2
25.2
64.0
63.9
65.5
55.9
66.2
55.6
142.2
136.9
132.8
127.6
118.0
119.5
68
67
69
.4
.4
34.6
35.6
35.5
35.4
36.4
32.4
.4
.4
33.5
33.7
14.5
14.6
14.5
14.8
14.4
14.4
21.2
20.7
24.0
56.5
66.5
67.1
57.1
67.2
57.4
124.4
123.7
125.2
124.4
119.6
123.8
34.*
35.3
33.7
34.2
6.6
6.3
6.4
5.9
5.2
7.1
2.5
3.5
4.5
5.4
24.1
4.7
38.4
36.1
48.8
51.1
50.8
46.7
14.5
14.7
15.3
15.2
47.9
14.4
4.
50.9
14.1
5.0
13.7
13.S
9.8
10.9
10.8
12.4
13.8
4.5
4.5
4.5
4.6
4.6
4. 5
7
24.0
23.9
6/
17.2
36.7
48.6
71
81
79
80
83
82
84,
91
97
26.5
28.1
21.8
25.7
25.0
22.8
67.8
72.9
68.1
57.3
67.6
67.4
1Z2.9T
113.
118.
119
113.
25.3
24.6
68.9
70.7
124.8
125.8
119.2
121.8
-L
y
y
V
7.5
20.5
20.0
16.3
15.8
17.2
16.7
16.4
15.0
19.3
23.5
Corpora-
State
and
local
govern-
5.9
79 5
78.2
77.3
75.6
Mu tua
savings
banks
25.9
25.4
26.9
28.9
28.8
29.2
28.3
29.2
31.7
34.2
39.3
41.6
3
Source:
Office of Government Financing in the Office of the Secrp,,,,.
United States savings bonds, Series A-F and J, are included at current
redemption value.
Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departmr-tr.
Includes partnerships and personal trust accounts.
4/ Exclusive of banks and insurance companies.
Consists of the investment of foreign balances and international
y
Other
securities
Insurance
companies
125.1
124.8
119.8
116.4
116.1
99
99,
accounts in the United States.
Holdings have been adiusted to
exclude issues to the International Monetary Fund and other international lending organizations to reflect the unified budget
concept.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers.
Also
included are certain government deposit accounts, govemmen.tsponsored agencies and all other investors not included above.
Includes U.S. savings notes.
Sales began May 1, 1967 and were
discontinued after June 30, 1970.
Preliminary.
Revised.
October 1980
65
TREASURY SURVEY OF OWNERSHIP-
AUGUST
1980
31,
tions in the September I960 Bulletin, and for State and local
The monthly Treasuiy Survey of Ownership covers securities
governments in the February 1962_Bulletin.
Issued ty the United States Government, Federal agencies, Fed-
The
erally-sponsored agencies, and the District of Columbia.
banks and insurance companies included in the Sirvey currently
account for about 80 percent of all such securities held by
these institutions.
and,
Holdings by comnBrcial banks distributed according t:j
Federal Reserve member bank classes and nonmember banks arfi
The similar proportion for corporations
for savings and loan associations is 50 percent, and for
State and local governments, 40 percent.
published for June 30 and December 31.
Data were first pub-
lished for banks and insurance companies in the May
ig-Vl
Treas-
the March 195^ Bulletin.
ury Bulletin, for corporations and savings and loan associa-
Table TSO-1.
-
Summary
(Par values
Holdings by corporate
pension trust funds are published quarterly, first appearing in
-
of Federal Securities
in millions of dollars)
Held by private investors covered in Treasury Survey
Total
amount
outstand-
Classification
Public debt Issues
ing
U
U.S. Government accounts and
Total
private
inves-
Federal
Reserve
banks
tors
5,359
commercial
banks
460
mutual
savings
banks
2/
2/
Insurance companies
437 fire,
casualty,
and
marine
286
life
479
savings
and loan
associations
413
corporations
State and local
governments
311
181
general
funds
pension
and retirement
funds
All
other
private
investors 3/
:
Interest-bearing public
debt securities
Marketable
Nonmarketable 4/
:
8,425
3,365
583,419
305,314
129,355
179,677
454,064
125,637
888,733
309,032
579,701
4,691
578
4,113
893,424
309,610
583,814
72,952
3,365
2,804
8,425
2,483
195
2,288
76
131
68
25
3,127
1,338
1,789
571
161
134
114
Total Government agency
securities covered in
Treasury Survey
5,610
1,533
4,077
Nonsurveyed Government
agency securities
1,041
72
969
Total interest-bearing
public debt securities.
Matured debt and debt
bearing no interest
3,365
2,804
7,761
336,213
125,637
11,875
7,501
8,425
461,850
4,113
Total public debt
securities
Government agency issues
72,952
3,168
7,761
11,875
7,501
465,963
30
3
54
242
1,659
261
103
149
131
165
3,16
:
Regular issues
Participation
certificates 5/
Total Government agency
securities 6/
Total Federal securities..
Footnotes at end of Table TSO-5.
1,824
6,651
1.605
5,046
900,075
311,215
588,860
Treasury Bulletin
66
-TREASURY SURVEY OF OWNERSHIP
AUGUST
Table TSO-2.
31. 1980
Interest-Bearing Marketable Public
-
Debt
Securities
by Type and Maturity Distribution
(Par values
in
-
millions of dollars)
Held by investors covered in Treasury Survey
Total
amoun t
outstand-
Classification
U.S. Government accounts and
Federal
Reserve
banks
y
ing
State and local
governments
Insurance companies
4hO
5,35^
commercial
banks
mutual
savings
banks
2/
2/
"?
28b
life
fire,
casualty
savings
and Loan
assoc ia-
corporations
and
311
general
funds
marine
181
pension
and ret irement
funds
Held by
all
other
investors 3/
By type security :
Issued by U.S. Government:
43,601
59,421
26,333
7,655
61,992
3,305
233
127
2,758
909
1,768
334
6,503
1,587
249
2,746
374
172
1,910
4,727
1,124
4,2 50
6,063
1,562
129,355
72,952
3,365
2,804
8,425
3,168
7,761
11,875
277,545
180,013
55,802
28,416
7,454
34,188
56,974
34,325
17,547
5,938
3,724
10,796
20,960
42,283
5,695
1,014
976
,605
466
164
416
546
1,504
3,630
2,299
6,619
3,391
19
4,223
2,190
380
372
276
10
2,724
144
64
525
583,419
129,355
72,952
to 5 year s
to 10 years
10 to 15 years
15 to 20 years
20 years and over
275,387
188,841
50,326
23,353
12,171
33,340
56,410
38,078
14,674
4,233
5,343
10,617
20,S59
43,992
5,632
807
964
1,669
445
275
1,387
89
339
625
667
434
198
102
541
Total
533,419
129,355
72,952
3,365
Treasury bills
Treasury notes
Treasury bonds
199,306
300,251
83,861
Total
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
574
1,665
5,262
140,373
153,467
42,373
772
576
1,141
2,353
:
Total
Maturity classes (final
maturity)
Within 1 year
1
5
768
484
713
42
236
97
8''
381
325
2,277
7,761
11,375
7,501
336,213
6,493
3,582
697
494
295
313
719
630
1,072
1,545
878
2,657
182,937
92,191
24,573
14,756
4,747
17,008
11,875
7,501
336,213
5
100
8,425
1,396
3,748
2,151
34
562
183,944
89,675
26,614
16,653
2,829
16,498
1,128
1,908
75
675
203
252
,419
340
10
13
6,42 5
796
655
Footnotes at end of Table TSO-5.
Table TSO-3.
-
Interest-Bearing Marketable Public Debt Securities by Issue
(Par values
-
in
millions of dollars)
Held by investors covered in Treasury Survey
Total'
amount
outstanding
1^/
U.S. Government accounts and
Federal
Reserve
banks
5,359
commercial
banks
460
mutual
savings
banks
2/
2/
States and local
governments
Insurance cumpanies
286
life
437 fire,
casualty,
and
marine
savings
and loan
associations
orpoat ions
311
general
funds
181
pension
and ret irement
funds
Held by
all
other
investors 3/
Treasury Bills
Regular weekly and annual maturing:
:
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
1980.
1980.
1980.
1980.
1981.
1981.
1981.
1981.
1981.
1981.
1981.
1981.
May
June
July
Aug.
Total Treasury
Treasury Notes
6-7/8
Sept.
8-5/8
Sept.
8-7/8
Oct.
7-1/8
Nov.
9-1/4
Nov.
5-7/8
Dec.
9-7/8
Dec.
9-3/4
Jan.
4,158
1,135
1,940
.^,147
8,073
9,712
4,016
4,016
4,005
4,091
4,U0b
4,009
5,357
8,676
7,748
5,370
5,663
4,973
1,135
1,068
962
882
715
1,052
1,110
735
641
307
1,526
943
22
28
15
50
17
20
3
1
33
17
43
69
56
29
3
17
27
37
39
325
329
302
150
343
153
823
851
468
354
640
318
94
150
133
27
36
12
251
10
59
2
218
341
467
828
289
13
151
196
189
116
60
29
103
74
22
7.65'i
I
26,312
30,276
24,540
11,879
19,752
13,181
2,510
2,492
2,412
2,398
2,163
2,467
140,373
:
7
7-3/8
9-3/4
6-7/8
9-5/8
9-3/4
7-3/8
7-1/2
9-3/4
6-3/4
9-1/8
9-3/8
7-5/8
8-3/8
9-5/8
6-3/4
10-1/8
12-5/8
7
Feb.
Feb.
Feb.
Mar.
Mac.
Apr.
May
May
May
June
June
July
Aug.
Aug.
Aug
Sept.
Sept.
Oct.
Nov.
980-E.
980-T.
980-U.
980-J.
980-V.
980-F.
980-W.
981-P.
981-A.
981-C.
981-Q.
981-H.
981-R.
981-S.
981-D.
981-M.
981-T.
981-J.
981-U.
981-V.
981-F.
981-N.
981-W.
981-K.
981-X.
981-Y.
981-G.
Footnotes at end of Table TSO-5.
158
56D
906
731
,790
,600
,195
420
805
365
545
474
692
38
544
509
584
,141
546
,146
,842
,796
,887
,809
,516
,013
,020
,,^93
733
211
4 76
I'll
503
727
1,125
432
241
,72'l
,096
411
80
387
J56
384
1,389
613
,968
3
,542
,586
.110
791
405
456
406
413
382
950
366
635
44 5
1
JH
596
119
34
28
26
21
10
9
5
3
123
74
43
198
65
14
20
97
29
100
354
12
7
17
17
126
12
8
26
28
17
17
6
69
27
29
3
18
2
424
463
585
7
21
181
52
16
55
32
45
206
12
35
38
890
826
642
646
597
526
970
28
100
65
151
41
99
239
137
62
141
67
4
11
2
87
20
121
63
126
55
55
89
103
157
43
1
37
27
25
2
13
48
23
50
284
214
130
109
21
31
31
82
25
13
1,100
2,367
2,509
2,501
2,224
1,422
2,440
1,971
642
2,138
1,925
1,466
2,173
2,198
974
1,880
1,601
1,484
1,834
1,912
1,017
1,680
2,011
1,765
2,515
3,164
1,030
67
October 1980
TREASURY SURVEY OF OWNERSHIP
AUGUST 31. 1980
Table TSO-3.
-
Interest-Bearing Marketable Public Debt Securities by Issue— Continued
(Par values
illions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/
U.S. Government accounts and
Fed.-ral
Reserve
banks
A60
Insurance companies
i.13
mutual
banks
2/
23t.
life
^37
fire,
casualty,
and
savings
and loan
ssocia-
corporation;
State and loi
governments
311
,
general
funds
181
.
pension
and retiremer.t
funds
Treasur y Notes- (Continu ed)
7-3/4
Held by
all
other
investors 3/
Treasury Bulletin
68
TREASURY SURVEY OF OWNERSHIP
AUGUST 31, 1980
Table TSO-4.
-
Securities Issued by
Government Agencies
69
October 1980
MARKET QUOTATIONS ON TREASURY SECURITIES, SEPTEMBER
rities issued by the United States Treasury.
Securities
issued by Federal agencies and guaranteed by the United
the Treasury
the last trading day of the month, as reported to
The securities
by the Federal Reserve Bank of New York.
Amount outstanding
(millions)
1980
listed include all regularly quoted public marketable secu-
Current market quotations shown here are over-thecounter closing bid quotations in the New York market for
Table MQ-1.
30,
States Government are excluded.
-
Treasury
Bills
Treasury Bulletin
10
.MARKET QUOTATIONS ON TREASURY SECURITIES. SEPTEMBER
Table MQ-2.
-
Treasury Notes-Continued
(Price decimals are 32ds)
30,
1980
^______
October 1980
71
.MARKET QUOTATIONS ON TREASURY SECURITIES, SEPTEMBER
Table MQ-3.
-
Treasury Bonds
30,
1980
Treasury Bulletin
72
.MARKET QUOTATIONS ON TREASURY SECURITIES,
U5
o
CM
LU
o
O
o
cx)
00
00
o
CO
DC
LU
m
CO
(3)
LU
ICL
LU
CO
(/)
§
CO
00
CO o
LU
n
oc O)
c
in
00
CO
o
LU
o
o
c
o
CO-
CO
Z)
CO
<
LU
CO
00
(J)
DC
hLJ.
O
CO
Q
_J
LU
>-
CM
00
CO
05
o
00
LJJ
lO
in
d
o
d
in
o
in
CO
o
CO
..
October 1980
73
AVERAGE YIELDS OF LONG -TERM BONDS
Table AY-1.
Treasury
bonds 1/
Jan.
Feb.
Mar.
Apr.
May.
June,
-
July.
Aug..
Sept.
Oct..
Nov..
Deo..
Jan.
Feb..
Mar..
Apr.
May..
Jxme.
July.
Aug..
Sept.
Oct..
Nov..
Dec.
Jan.
Feb..
Mar..
Apr.
May..
June.
.
July.
Aug..
Sept.
Oct..
Nov..
Dec.
5.74
Average Yields of Long-Term Treasury, Corporate and Municipal Bonds by Periods
-
New Aa
corporate
New Aa
municipal
bonds 2/
Treasury
bonds 1/
New Aa
corporate
bonds 2/
New Aa
manic ipal
bonds 2/
Treasury
bonds 1/
New Aa
corporate
bonds 2/
Treasury Bulletin
74
AVERAGE YIELDS OF LONG -TERM BONDS.
October 1980
73
EXCHANGE STABILIZATION FUND
Table ESF-1.
-
Balance as of March 31, 1980 and June 30, 1980
(In thousands of dollars)
Assets, Liabilities, and Capital
March 31, 1980
through
June 30, 1980
March 31, 1980
1980
June 30,
Assets
Current assets:
Cash:
Federal Reserve Bank of New York
Federal Reserve Bank of New York, special account
Special drawing rights !_/
Investments: U.S. Government securities
Foreign exchange and securities: 2_/
Pounds sterling
Deutsche marks
Japanese yen
Swiss francs
Accounts receivable
Total assets 2/
$
616
29,192
$
29,808
3,681,244
3,740,304
(103)
50,000
5
5
1,774,664
1,277,173
15,210
272.424
$
10,790,832
$
304,862
2,666.000
2,970,862
49,897
100,435
345,779
513
79,192
$
4,719
188,850
(8,913)
(117,574)
553,203
$
79,705
3,731,679
4,035,083
1,779,383
1,466,033
6,297
154,850
511,354,035
Liabilities and Capital
Current liabilities:
Accounts payable
Advance from U.S. Treasury (US drawing on IMF) 4/..
Total current liabilities
$
Other liabilities:
Special drawing rights certificates
Special drawing rights allocations
Total other liabilities
S
Capital:
Capital account
Net Income (loss) (see Table ESF-2)
Total capital
$
Total liabilities and capital
See footnotes at the end of Table ESF-2.
$
$
2,968,000
5 057.551
3,025,551
200,000
(405,591)
(205,591)
10,790.832
5(212,444)
$
$(212,444)
$
5
50,000
295.891
345.891
?
429,755
S
$
5
S
$
92,418
2.666,000
2,753,418
3,018,000
5.353.452
8,371,452
200,000
24,155
224,155
S
<.29,756
5
S
563,203
511,354.035
n
Treasury Bulletin
.
EXCHANGE STABILIZATION FUND.
Table ESF-2. - Income and Expense.
(In
,
77
October 1980
.INTERNATIONAL FINANCIAL STATISTICS
The tables in this section are designed to provide data
States reserve assets and liabilities and other
statistics related to the United States balance of payments
and international financial position.
Table IFS-3 presents an area breakdown of United States
liabilities to official institutions of foreign countries.
on United
Table IFS-4 shows United States Treasury nonmarke table
bonds and notes issued to official institutions and other
residents of foreign countries.
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 reserve position in the International Monetary Fund.
Table IFS-5 sets forth the factors which affect the
United
States position in the International Monetary Fund.
Table IFS-2 brings together statistics on liabilities
foreign official institutions, and liquid liabilities to
other foreigners, which are used in the United States
all
balance -of -payments statistics.
weigh ted -average
Table IFS-6 presents a measure of
changes in exchange rates between the United States dollar
and the currencies of certain other countries.
to
Table IFS-1.
Reserve Assets
U.S.
(In millions of dollars)
rind
of
calendar year
or month
Total
reserve
assets \_/
Total 3/
Treasury
(3)
(2)
(1)
1970
Gold stock 2/
14,487
Special
drawing
rights
U
Foreign
currencies 5/
'±1
Reserve
position in
International
Monetary Fund
11,072
0,732
10,206
.0,132
1
13,151 8/
10,487 8/
:0,410 8/
14,378 9/
11,652 9/
15,883
11,652
1975
16,226
11,599
1,599
2,335
80
2,212
1976
18,747
11,598
1,598
2,395
320
4,434
1977
19,312
11,719
1,719
2,629
18
4,946
1978
18,650
11,671
1,671
1,558
4,374
1,047
1979
18,956r
11,172
1,172
2,724
3,807r
1,253
1979-Miiy..
June,
22,299r
21,268r
11,354
11,323
1,J54
1,323
2,624
2,670
7,128r
6,071r
1,193
1,204
July.
Aug..
Sept.
Oct..
Nov..
20,045r
20,045r
18,557r
18,016r
19,285r
18,956r
11,290
11,259
11,228
11,194
11,112
11,172
1,290
1,259
1,228
1,194
1,112
1,172
2,690
4,865r
4,820r
3,324r
2,925r
4,146r
3,807r
1,200
1,277
1,280
1,238
1,322
1,253
20,989r
20,887r
21,491r
21,644r
21,917r
21,943r
11,172
11,172
11,172
11,172
11,172
11,172
1,172
1,172
1,172
1,172
1,172
1,172
3,7,82
4,695r
4,592r
5,416r
5,681i
5,844r
5,604r
1,251
1,287
1,222
1,094
1,157
1,385
21,845r
22,691r
22,994
11,172
11,172
11,168
1,172
1,172
1,168
3,842
4,009
4,007
5,421r
5,946r
6,154
1,410
1,564
1,665
1971
,
1972
,
1973
,
1974
,
Dec.
1980- Jan..
Feb..
Mar.,
Apr.
May.,
June,
July,
Aug.,
Sept
XJ
IJ
12,167
y
Beginning July 1974, the IMF adopted a technique for valuing the
special drawing right (SDR) based on a weighted-average of exchange
rates for the currencies of 16 member countries.
The United States
SDR holdings and reserve position in the IMF are also valued on this
basis beginning July 1974.
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the International Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose of making gold subscriptions to the
Fund under quota increases.
For corresponding liabilities see Table
851
629
100
276 7/
585
1,958 8/
241
465 8/
1,567 %t
2,166 9/
8
1,652
2,374
5
6/
IJ
ZJ
IFS-2.
y
V
y
Includes gold held by the Exchange Stabilization Fund (ESF).
See
"Account of the U.S. Treasury," Table UST-3.
Includes allocations of SDRs in the Special Drawing Account in the
International Monetary Fund, plus or minus transactions In SDRs,
Allocations of SDRs on January 1 of respective years are as follows:
1970, $867 mllllonj
1971, $717 million;
1972, $710 million;
1979,
874 million (In SDR terms); and 1980, 874 million (in SDR terms).
Includes holdings of Treasury and Federal Reserve System; beginning
November 1978, these are valued at current market exchange rates.
1^/
~9/
j.
2 ,,689
2,725
2,659
2,705
2,724
3,871
3,836
3,681
3,697
3,744
6^/
(6)
(^)
1,935
552 9/
1,852
The United States has the right to purchase foreign currencies
equivalent to its reserve position in the Fund automatically if
Under appropriate conditions the United States could purneeded.
See
chase additional amounts related to the United States quota.
Table IFS-5.
currencies
value
of
foreign
Includes $28 million increase in dollar
revalued to reflect market exchange rates as of December 31. 1971.
See also footnotes 3 and 4, Table IFS-4.
Total reserve assets include increase of $1,016 million resulting
froin change in par value of the U.S. dollar in May 1972, consisting
of $828 million total gold stock, S822 million Treasury gold stock,
$155 million special drawing rights and $33 million reserve position
in the International Monetary Fund.
Total reserve assets include increase of $1,436 million resulting
from change in par value of the dollar on October 18, 1973, consisting of $1,165 million total gold stock, $1,157 million Treasury
gold stock, $217 million special drawing rights, and $54 million
reserve position in the International Monetary Fund.
Revised.
Treasury Bulletin
78
.INTERNATIONAL FINANCIAL STATISTICS^
Table IFS-2.
-
Selected U.S. Liabilities to Foreigners
(In millions of dollars)
Liabilities to foreign countries
Official institutions 2/
End of
Liabilities
calendar
year or
month
to IMF
Liabilities to
other foreigners
tary in-
arising from
gold transactions 1/
Liabilities
reported
by banks
U.S.
Marke table U.S.
Treasury
bonds
and
Other
readily
marketable
liabil-
Nonmarketable U.S.
Treasury
bonds and
notes ^/
notes 2^
1970 10/
1971
W U/
'
1972 10/
1973
ities
Liabi 1i
ternation-
ties
Liabi 1i
banks
6/
y
ties
Marketable U.S.
reported
by banks
Gov'
in U.S.
3/ 7/
t.
bonds
(U)
Nonmarketable U.S.
Treasury
bonds and
notes 8^/
al and re-
gional organizations
9/
O)
(10)
48,103
566
566
23,786
23,775
20,028
20,028
306
295
3,452
3,452
17,303
17,335
4,864
4,792
4,082
4,092
647
565
135
135
1,533
1,635
,593
,720
544
544
51,209
50,651
39,823
39,162
1,955
1,955
9,431
9,534
10,519
11,206
4|329
4,350
3,747
3,750
447
447
135
153
1,974
1,959
526
525
40,093
40,093
5,236
5,235
15,747
15,747
14,925
14,925
130
130
4,705
4,705
425
425
2,188
2,206
(1)
r
Liabilities
to nonmone-
(2)
48, 152
83,769
^83,787
93,542
(3)
(A)
(5)
(6)
(7)
450
450
(8)
(12)
(13)
15,554 12/
1,363
6,032
5,502
120,417
^120,325
76,815
76,823
53,195
53,203
5,059
5,059
16,339
16,339
2,222
2,222
30,575
30,367
8,882
8,991
8,384
8,493
498
4^8
4,144
4,144
1975
1976
1977
1978
1979
127,432
152,468
193,827
244,323
268,013
80,712
91,975
126,080
156,841
50,461
54,955
65,822
90,962
78,077
6,671
11,788
32,165
19,976
20,648
20,443
3,604
4,583
7,550
29,881
10,801
13,791
16,466
10,100
12,814
14,736
701
37,950
43,250
977
1,730
6,038
8,752
8,031
35,894-
37,559
20,970
17,387
9,015
9,993
59,797
90,249.
19,942
26,851
16, 02018,526-
,3,056
1,595
5,269
7,743
7,787
1979-Aug
Sept...
Oct
Nov
142,784
143,786
135,318
143,125
75,689
75,545
74,587
70,804
78,077
38,012
38,103
38,159
37,122
37,669
19,547
19,547
18,497
17,837
17,387
9,536
9,591
9,610
9,555
9,993
96,604
90,857
88,120
94,625
90,249
24,122
24,310
24,673
26,527
26,851
17,155
17,353
17,627
18,255
18,526.
2,817
2,807
2,896
3,003
3,055
4,150
4,150
4,150
5,259
5,259
8,084
8,120
8,088
8,248
.
271,594
267,073
261,734
264,718
268,013
139,641
138,642
135,574
133,887
136,923
142,613
73,503
72,725
70,023
58,450
71,218
74,848
38,152
37,888
37,785
37,718
38,104
39,820
17,434
17,384
16,784
16,384
16,184
15,954
10,452
10,545
10,982
11,335
11,417
11,991
93,254
102,315
97,384
94,235
94,328
9i,21J
28,371
28,897
28,902
27,951
27,570
29j02ft
18,625
19,110
19,034
18,121
17,748
18,999
3,309
3,350
3,431
3,393
3,485
3,588
6,437
5,437
5,437
5,437
5,437
6,437
7,287
8,355
8,235
Apr. .
May...,
June.,
268,553
278,220
270,096
264,177
266,615
271,786
274,475
284,660
145,371
146,751
77',
40,582
39,837
15,954
15,654
12,653
13,049
92,881
102,059
27,998
28,875
17,939
18,673
3,622
3,765
6,437
6,437
1974 10/
Dec.
.
.
1980-Jan
Feb
Mar
.
July
p.
Aug. p.
12/
66,86112/«>4,233
143,125-
140,'853
182
78,211
Table is based on Treasury Department data and on data reported
to the Treasury Department by banks and brokers in the United States.
Data correspond generally to statistics following in this section and
in the "Capital Movements" section, except for the exclusion of
nonmarketable , nonconvertible U.S. Treasury notes issued to foreign
official nonreserve agencies and the inclusion of investments by
foreign official reserve agencies in debt securities of U.S. Federally-sponsored agencies and U.S. corporations. Table excludes
International Monetary Fund "holdings of dollars," and holdings of
U.S. Treasury letters of credit and nonnegotiable noninterest-bearing
Note:
1/
2/
3/
5/
6/
special U.S. notes held by other international and regional organizations.
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 JJ.S. Government obligations at cost value and funds awaiting
investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire income-earning
assets.
Includes Bank for International Settlements and European Fund.
Derived by applying reported transactions to benchmark data.
Excludes notes issued to foreign official nonreserve agencies.
Includes debt securities of U.S. Government corporations. Federally-sponsored agencies, and private corporations.
Includes liabilities payable in dollars to foreign banks, and
liabilities payable in foreign currencies to foreign banks and to
"other foreigners."
7/
8/
9/
10/
11/
12/
2,327
7,787
S,104
7,694
7,930
7,22,5
6,975
Includes marketable U.S. Government bonds and notes held by foreign
banks.
Includes nonmarketable U.S. Government bonds and notes held by
toreign banks.
Principally the International Bank for Reconstruction and Development,
the Inter-American Development Bank and the Asian Development Bank.
Data on the two lines shown for this date differ because of changes
in reporting coverage,^ -iFigures on the first line are comparable in
coverage to those shown for the preceding date; figures on the second
line are comparable to t^ose shown for the following date.
Data on the second line differ from those on the first line because
certain accounts previously classified as "official institutions"
are included with "banks"; a number of reporting banks are included
in the series for the first time; and foreign currency liabilities
are increased in value to reflect market exchange
rates as of December 31, 1971, as follows: U.S. Treasury certificates,
$7 million; nonmarketable U.S. Treasury bonds and notes, column 6,
$103 million and column 12, $18 million.
Includes $162 million increase in dollar value of foreign currency
liabilities to official institutions of foreign countries revalued to
reflect market exchange rates, as follows: short-term liabilities,
$15 million; and nonmarketable U.S. Treasury notes, $147 million.
Preliminary
.
October 1980
79
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-3.
-
U.S.
Liabilities
to
Official Institutions
of
Foreign Countries, by Area
(In millions of dollars)
Total
foreign
countries
End of
calendar year
or month
(1)
Western
Europe
Latin American
and Caribbean
Republics
1/
(2)
(4)
(3)
Other
countries
(5)
(6)
(7)
1970 3/
23,786
23,775
13,620
13,615
2,951
2,951
1,681
1,681
4,713
4,708
407
407
414
413
1971 3/ 4/....
51,209
50,651
30,010
30,134
3,980
3,980
1,414
1,429
14,519
13,823
415
415
871
1972
1973
61,526
66,861
34,197
45,764 5/
4,279
3,853
1,733
2,544
17,577
10,887
777
788
2,963
3,025
76,816
76,823
44,328
44,328
662
662
4,419
4,419
18,619
18,626
3,161
3,161
2,627
2,627
80,712
91,975
126,080
156,841
143,126
45,701
45,882
70,748
93,089
85,602
3,132
3,406
2,334
2,486
22,551
34,108
45,676
53,068
46,357
2,983
1,893
1,742
2,408
1,897
1,782
947
752
1,898
4,448
4,906
4,633
5,038
6,360
2,412
497
1979- Aug...
Sept..
Oct...
Nov. .
Dec...
142,784
143,786
140,853
135,318
143,126
86,559
87,234
85,585
80,841
85,602
2,185
2,412
1,954
1,971
1,898
4,484
4,883
4,532
4,568
6,360
45,909
46,299
45,787
45,160
46,357
3,219
2,511
2,583
2,215
2,412
428
447
412
563
497
1980-Jan. ..
Feb...
Mar...
Apr.
May...
June.
139,641
138,642
135,574
133,887
136,923
142,613
82,628
4,763
4,841
6,074
74,154
74,159
75,246
1,922
2,347
1,644
1,903
2,134
2,157
5 968
6,021
6,020
47,098
43,207
47,501
47,790
50,778
55,605
2,480
2,392
2,419
3,316
2,889
2,694
750
1,003
817
756
942
891
July p
146,371
146,751
78,141
78,429
1,906
2,156
6,353
6,112
56,303
56,307
2,930
3,281
738
466
,
1974
1975
1976
1971
1978
1979
[
,
,
..-
.
Aug. p
79,852
.77,119
Note:
Data represent short-term and long-tenn 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 nonmarke table notes issued to foreign official nonreserve agencies; and investments by foreign official reserve
agencies in debt securities of U.S. Government corporations,
Federally-sponsored agencies, and private corporations.
Includes Bank for International Settlements and European Fund.
1/
Includes countries in Oceania, Eastern Europe and Western European
2/
dependencies in Latin America.
Data on the two lines shown for this date differ because of changes in
3/
reporting coverage.
Figures on the first line are comparable in
,
870
coverage to those shown for the preceding date; figures on the second
line are comparable to those shiown for the following date.
4/ Data on the second line differ from those on the first line because
certain accounts previously cla ssified 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 $101 mill ion to reflect market exchange rates
as of December 31, 1971.
^/ Includes $162 million increase in dollar value of foreign currency
liabilities revalued to reflect market exchange rates.
Preliminary.
p
80
Treasury Bulletin
INTERNATIONAL FINANCIAL STATISTICS
Table IFS-4. - Nonmarketable U.S. Treasury Bonda and Notes
Issued to Official Institutions and Other Residents of Foreign Countries
{In millions of dollars or dollar equivalent)
End of
calendar
year or
month
Payable in dollars
Grand
total
Germany
U)
C2)
(3)
Swi tzerland
(4)
Other
Europe
(5)
Canada 2/
_1/
(b)
2,480
7,829
14,333
14,210
14,867
18,377
19,102
19,274
5,000
11,315
11,570
12,327
16,277
16,879
17,467
573
506
2,289
2,640
2,840
2,540
2,540
2,100
1,650
700
22,565
20,624
17,467
2,707
450
22,656
17,387
16,607
630
150
23,697
22,647
23,106
22.656
19,547
18,497
17,837
17,387
17,267
17,267
17,007
16,607
1,930
930
630
350
300
200
150
Feb.,
Mar..
Apr.
May.
June.
23,871
23.821
23,221
22,821
22,621
22,391
17,434
17,384
16,784
16,384
16,184
15,954
16.607
16,607
16,007
16,007
15,807
15,807
677
677
677
277
277
47
150
100
100
100
100
100
July.
Aug.
Sept.
22,391
22,091
21,691
15,954
15,654
15,254
15.807
15,507
15,107
47
47
47
100
100
100
1970
1971
1972
1973
1974
1975
1976
1977
3,698
9,809 4/
15,872
15,669 5/
16,339
19,976
20,468
20,443
1978
1979
1979^Sept,
Oct..
Nov.
.
Dec.
1980-Jan.
.
.
.
End of
57
54
42
6 30
(7)
135
135
135
81
October 1980
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-6.
-
U.S.
Position in the international Monetary Fund
82
Treasury Bulletin
.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-6.
-
Weighted-Average of Exchange Rate Changes for the Dollar
(Percent change relative to exchange rates as of end-May 1970)
End of calendar
"
October 1980
83
.CAPITAL
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935
under Treasury regulations pursuant to Executive Orders Nos.
6560 of January 15, 1934 and 10033 of February 8, 1949, and
of 1976.
Reports
the International Investment Survey Act
are filed with Feder.^1 Reser\re Banks by banks, bank holding
companies, securities brokers and dealers, and nonbaaking
Statistics on the princienterprises in the United States.
pal types of data and the principal countries are then consolidated and are published in the monthly Treasury Bulletin
.
The reporting forms and instructions 1/ used in the Treasury International Capital (TIC) Reporting System have been
revised a number of times to meet changing conditions and to
Recent
increase the usefulness of the published statistics.
revisions to the reporting forms are part of a broad program
conducted over the past several years to ensure the adequacy
of the Treasury capital movements statistics for analysis and
policy formulation wi th respect to the international financial
position of the United States and Dn iTiovements of capital between the United States and foreign countries.
Revised forms
and instructions are developed with the cooperation of other
Government agencies and the Federal Reserve System and in consultations with representatives of banks, securities firms and
nDnbanking enterprises.
The most recent revisions of the TIC B-series Forms, filed
by banks and some brokers in the United States, became effective with reports as of April 30, 1978; new data series were
introduced in the July 1978 Treasury Bulletin.
Substantial
revisions of the C-series Forms, filed by nonbanking enterprises, were effective with reports as of December 31, 1978;
the new data series are shown beginning with the
June 1979
issue.
Major revisions of the TIC Forms that affect the
format and coverage of the current Cap! tal Movements tables
are noted under "Description of Statistics" below.
Basic Definitions
The term "foreigner" as used In the Treasury reports
covers all
institutions and individuals domiciled outside
the United States, including Uni ted States citizens domiciled
abroad, and the foreign branches, subsidiaries and of f ices of
central
United States banks and business concerns; the
governments, central banks and other of fli:ial institutions of
foreign countries, wherever located; and international and
regional organizations, wherever located. The term "foreigner" also includes persons in the United States to the extent that they are known by reporting institutions to be acting on behalf of foreigners.
In general,
data are reported opposite
the foreign
country or geographical area in which the foreigner
is
domiciled, as shown on the records of reporting institutions.
For a nuTibsr 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 showa on their records,
and so may not be aware of the country of domicile of the
ultimate beneficiary.
Furthermore, U.S. liabilities arising
from deposits of dollars with foreign banks are reported
generally in the Treasury statistics as liabilities to foreign
banks, whereas the liability of the foreign bank receiving the
deposi t may be to foreign official institutions or reslderits
of another country.
Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
which the official institution belongs. Data pertaining to
international and regional organizations are reported opposite
the appropriate
international or regional classification
except for the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Europe.
Geographical Classif lea tioa
A njmber of changes In geographical classification were
introduced for most Capital Movements tables in the July 1978
issue.
Several countries formerly Included in "Eastern
MOVEMENTS,
Europe" and in "Other Latin American Republics" are
shown
separately in the country list as wel I as a new category in
the International and Regional grouping for "Middle Eastern
Regional" in view of the proliferation of regional financial
organizations, primarily in the Arab States. The remaining
countries in the categories "Other Eastern Europe" and "Other
Western Europe" were combined into a single "Other Europe"
category; and the heading, "Latin America"
was
retltled
"Latin America and Caribbean." To the extent possible, the
statistics for earlier dates have been adjusted in accordance with the revised country stub.
Reporting Coverage
Reports are required from banks, bank holding companies
securities brokers and dealers, and nonbanking
enterprises
in the United States, including the branches, agencies, subsidiaries, and other affiliates in the United States of foreign firms.
Institutions that have reportable liabilitities, claims, or securities transactions below specif led exemption levels are exempt from reporting.
Banks file reports monthly covering their dollar
liabilities to, and dollar claims on, foreigners in a number of
countries. Twice a year as of June 30 and December 31, they
also report the same liabi li ties and c lalms items with respect
to foreigners in countries not shown separately on the monthly
reports.
Beginning with reports duo as of June 30, 1978,
banks also report quarterly their liabilities and
claims
vis a vis foreigners that are denominated in foreign
currencies.
The specified exemption level applicable to
the
monthly reports is $2 million and is based on the average
for the report dates during a six-month period,
including
the current report date.
There are no separate exemption
levels for the quarterly and semiannual reportsBanks, securities brokers and dealers, and in some instances, nonbanking enterprises, report monthly their transactions in securities with foreigners; the applicable exemption
level is $500,000 on the grand total of purchases and on the
grand total of sales during the month covered by the report.
Quarterly reports are filed by exporters, importers,
industrial and commercial concerns, financial institutions
other than banks and brokers, and other nonbanking enterprises
if their
liabilities or claims, on the six-month average
Beginning December 31, 1978,
basis, are $2 million or more.
these firms also report for each month-end theirU.S. dollardenominated deposit and certificate of deposit claims on banks
abroad of $10 million or more.
Description of Statistics
Section I presents data in four tables on liabilities to
Beginning
foreigners reported by banks in the United States.
April 1978, amounts due to banks' own foreign offices are shown
separately; the previous distinction between short-tenn and
long-term liabilities has been eliminated; there is a separation of the liabilities of the reporting banks themselves
from their custody liabilities to foreigners; and foreign
currency liabilities are only reported quarterly. Also,
beginning April 1978, the data on liabilities are more complete by extending to securities brokers and dealers the
requirement to report certain of their own liabilities and
all of their custody liabilities to foreigners.
Table CM-I-1, showing total liabilities by type of foreign
holder, combines liabilities previously shown separately as
either short-term or long-term. Table CM-I-2, Parts Aand B,
on foreigners' holdings of liabilities by type, shows total
Table CM-I-3
bank reported liabilities payable in dollars.
presents total liabilities by country for recent periods and
includes the long- term data previously shown separately ;whereliabilities by type and country
covering total
as CM-I-4,
includes several data items not
for the most recent month,
The liabilities
reported separately prior to April 1978.
data on supplementary countries previously presented in Table
CM-I-5 now appear in Table CM-III-1. (SeeSection III below.)
Treasury Bulletin
84
.CAPITAL
MOVEMENTS.
Section II presents the claims on foreigners reported by
banks in the United States.
Beginning with data reported as
of the end of April 1978, banks' claims held for their own acacount are reported separately from claims held for their domestic customers.
The former are available in a monthly series
whereas the latter data are collected on a quarterly basis
only.
Also, there is no longer a breakdown available on the
long-term and short-term components of banks' claims. Maturity data are collected quarterly on a time remaining to maturity basis as opposed to the historic original maturity classification.
Foreign currency claims are also collected only
on a quarterly basis.
Table CM-II-1 presents total claims by type as reported
on the old B-series Forms and has been revised to include the
long-term claims components formerly published separately.
Table CM-II-2, showing total claims by type, is based on the
revised banking reports.
Table CM-II-3, which represents
total claims by country, merges the previously reported shortterm and long-term claims data from old CM-II-2 and CM-II-5.
New Tables CM-II-4 through CM-II-7 are based on the revised
reports and replace the previous tables which showed shortterm and long-term claims separately.
Another important change in the claims reporting, beginning with new quarterly data as of June 30, 1978, is the
adoption of abroadened concept of "foreign public borrower,"
which replaces the previous category of "foreign official
institution" to produce more meaningful information on lending
to the public sector of foreign countries.
The term "foreign public borrower" encompasses central governments
and
departments of central governments of foreign countries and
of their possessions; foreign central banks,
stabilization
funds, and exchange authorities:
corporations and
other
agencies of central governments, including development banks,
development institutions and' other agencies which are
majority-owned by the central government or its departments;
State, provincial and local governments of foreign countries
and their departments and agencies; and any intetnational or
regional organization or subordinate or affiliated
agency
thereof, created by treaty et convention between
sovereign
states
Section III includes two supplementary tables on U.S.
liabilities
to, and claims
on, foreigners.
Table
CM-III-1 summarizes dollar liabilities to,
and banks'
own
dollar claims on, countries and areas not regularly reported
separately.
Beginning with reports due as of June 30, 1978,
these data are collected semiannually.
Previously, the
semiannual reports were addressed to liabilities items only
and were
reported as of April and December; however, they
are now collected as of the end of June and December.
Table
CM-III-2 presents data on U.S. banks'
loans and credits to
nonbank foreigners, based on the TIC reports and on
the
monthly Federal Reserve 2502 reports submitted for foreign
branches of U.S. banks.
there is separation of the financial liabilities and claims
of reporting enterprises from their commercial liabilities
and claims; and items are collected on a time remaining basis
instead of the prior original maturity basis.
In addition,
the number of reporters increased somewhat as a result of a
broad canvass of prospective reporters undertaken in
late
1978.
In
Section IV, Table CM-IV-1 combines liabilities
previously shown as either short-term or long-term in old
Table CM-IV-1; Table CM-IV-2 combines
these
shortterm and long-term liabilities by country and replaces previous Tables CM-IV-2 and CM-IV-4.
Table CM-IV-3, covering
total liabilities
by type and country
for the most recent
quarter-end, includes several items not reported separately
prior to December 1978.
The tables in Section V have been extensively revised
the changes in data
collection format outlined
above and the elimination of a monthly form that covered
nonbanking enterprises' liquid claims on foreigners.
Specifically,
Table CM-V-1 combines short-term and long-term
claims; Table CM-V-2 shows total claims by country and replaces former Tables CM-V-2 and CM-V-7.
Current Table CMV-3
shows
total claims
by type and country and includes
items that were not reported separately prior to end-year
1978. Tables CM-V-4,
CM-V-5 and CM-V-6 no longer appear.
to reflect
Section VI contains data on transactions in all types
of long-term domestic and
foreign securities by foreigners
as reported by banks and brokers in the United States (except
nonmarke table U.S. Treasury notes, foreign series; and non-
marketable U.S. Treasury bonds and notes,
foreign currency
series,
which are shown in the "International Financial
Statistics" section, Table IFS-4). The da ta cover new issues
of securities transactions in outstanding issues and redemptions of securities. They include transactions executed
in
the United States for the account of foreigners, and transactions executed abroad for the account of reporting institutions and their domestic customers.
The data include some
transactions which are classified as direct investments in
the balance of
payments accounts.
The data exclude securIssued abroad by foreign subsidiaries of U.S. corities
porations, some of which are treated in the balance of payments as issues of U.S. corporations.
,
,
banks'
Sections IV and V, respectively, show the liabilities to,
and claims on, unaffiliated foreigners by exporters, importers
industrial and commercial concerns,
financial institutions
other than banks and brokers, and other nonbanking enterprises
in the United States.
The data exclude the intercompany
accounts of nonbanking enterprises In the United States with
their own branches and subsidiaries abroad or with their foreign parent companies.
(Such transactions are reported by
business enterprises to the Department of Commerce on
Its
direct investment forms.) The data also exclude claims held
through banks in the United States.
Beginning with data
published in June 1979 (reported as of December 31, 1978),
\J
The geographical
breakdown of the data on securities
transactions shows the country of domicile of the foreign
buyers and sellers of the securities; in the case of outstanding issues, this may differ from the country of the
original issuer.
The gross figures contain some offsetting
transactions between foreigners.
The net figures for total
transactions represent transac tions by foreigners with United
States residents; but the net figures for
transactions of
individual countries and areas may include some transactions
between foreigners of different countries.
Beginning with
data for 1969, transactions between foreigners in new issues
not offered for sale to United States residents but managed by
underwriters in the United States are excluded from the gross
figures
The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries.
The principal
exclusions are the
intercompany capital transactions of business enterprises in
the United States with their own branches and subsidiaries
abroad or with their foreign parent companies, and capital
transactions of the United States Government.
Consolidated
data on all types of international capital transactions are
published by the Department of Commerce in its regular repori-s
on the United States balance of payments.
Copies of the reporting forms and instructions may be obtained from the Office of International Financial
Reports, Office of the Assistant Secretary for International Affairs, Department of the Treasury,
Washington, D.C.
20220, or from Federal Reserve Banks.
.
85
October 1980
CAPITAL
Section
I
-
Liabilities
to
MOVEMENTS
Foreigners Reported by Banks in the United Statei
Table CM-I-1.
Total Liabilities by Type of Holder
-
(In millions of dollars)
Foreign countries
End of
calendar year
or month
Total
llabi litres
Official institutions
Payable
in dollars
(1)
Banks and other foreigners
U
(5)
(4)
(2)
Payable
in dollars
Payable
in foreign
currencies
21,385
21,427
1970 3/.
43,422
43,464
20,028
20,028
19,880
19,880
148
148
56,306
56,331
39,823
1971 3/
39,162 5/
39,665
38,988 5/
158
165 6/
14,267
14,956 5/
61,689
40,093
39,922
171
19,629
1972
1973
70,535
44,233
44,105
127
96,128
96,056
53,196
53,203
53,069
53,076
127
127 7/
96,147
50,461
50,461
111,430
54,956
54,956
'
197A
3/.
1975.
1976.
127,065
1977.
1978.
1979«
1979-Aug..
Sept.
Oct..
Nov.
Dec.
.
.
1980- Jan.
Feb..
Mar..
Apr.
May.
.
.
June
July
p.
Aug. p.
65,822
65,822
169,144
189,208
90,706
78,077
80.449
78,077
192,934
187,678
182.737
186,428
189,208
75,689
76,545
74.587
70,804
78.077
75,689
76,545
74,587
70,804
78,077
186.714
195,867
188,214
183,249
186,521
189,592
73,603
72,725
70.023
68,450
74,848
73,603
72,725
70,023
68,450
71,218
74,848
190,928
201,786
77,182
78,211
77,182
78,211
71-,248
23,587
V
38,959
38,860
39
(6)
Treasury Bulletin
86
.CAPITAL MOVEMENTS.
Section
1
-
Liabilities
Table CM-I-2.
to
-
Foreigners Reported by Banks in the United Slatea
Total Liabilities by Type, Payable in Dollars
Part A - Foreign Countries
(In millions of dollars)
other foreigners
Official institutions 1/
End of
calendar
year
or month
Total
foreign
countries
Deposits
Deniand
(1)
'
1970 4/
,
1971 4/ 5/.,
1972 A/
1973
1974 Ul
(2)
Time II
(3)
(4)
41,044
41,086
1,652
1,652
2,554
2,554
53,684
53,706
1,620
1,327 5
2,504
2,039
59,205
59,204
1,591
1,591
2,880
2,880
Dep6slts
U.S.
Treas.
bills 4
certificates
51
Demand
Tirae
Treas.
bills &
certificates
d
(9)
(7)
13,367
13,367
2,307
2,307
32,311
32,311
3,230
3,321
7,047
3,399 5/
850
320
31,453
31,453
3,998
3,998
4,658
4,658
405
405
8,248
8,231
1,911
1,910
232
232
67,222
2,125
31,511
6,558
/'91,389
(
91,297
2,951
2,951
34,656
34,655
11,205
11,302
4,167
(6)
(5)
12,376
12,385
Deposits
U,S,
Other
liabilities II
1,326
1,354
14
14
b
U.S.
Treas.
To own
Other
foreign
liabilities 2/
Demand
(9)
(10)
(11)
Time
2_l
(12)
bills 4
certificates
Other
liabilities 2/
(13)
(14i
376
377
3,367
3,362
1,688
1,688
1,886
1,895
131
131
2,367
7,232 5
1,660
1,660
1,663
1,666
96
96
328
327
9,510
9,510
1,955
1,955
2,116
2,116
65
65
569
568
10,034
2,143
19,546
19,355
2,729
2,729
3,796
3,744
277
277
1,581
1,743'
1975
89,891
2,644
3,423
34,199
10,195
7,534
1,873
335
19,588
3,248
4,823
325
1,704
1976
104,943
3,394
2,321
37,725
11,516
9,104
2,297
119
25,652
4,015
6,524
198
2,078
1977
122,893
3,528
1,797
47,820
12,677
10,933
2,040
29,222
4,304
7,546
240
2,645
2,550
67,159
17,350
11,249
1,453
7,108
37,353
184,987
4,704
3,041.
47,666
22,666
13,257
1,724
9,090
63,890
1979- Aug
Sept..
Oct...
Nov .
Dec.
187,477
182,376
177,954
181,305
184,987
2,397
3,143
2,374
5,652
4,704
2,308
2,239
1,883
1,972
3,041
50,146
50,842
49,411
43,921
47,666
20,837
20,321
20,919
19,259
22,666
11,788
12,466
10,620
12,879
13,257
1,474
1,641
1,478
1,606
1,724
384
406
400
451
422
8,206
8,615
8,711
9,207
9,090
72,782
65,349
64,532
68 104
63,890
4,604
4,441
4,779
4,595
5,087
8,751
8,894
8,760
8,991
8,755
285
269
315
375
382
3,515
3,750
3,773
4,294
4,302
19eO-Jan
183,617
192,285
184,218
178,584
181,072
183,568
3,725
3,680
3,928
4,734
4,484
5,042
2,309
2,367
2,397
2,392
2,581
2,670
48,864
48,234
42,797
40,527
42,731
45,907
18,705
18,444
20,901
20,797
21,421
21,228
11,820
13,345
13,371
12,681
13,003
14,986
1,278
1,304
1,574
1,498
1,413
1,479
533
566
675
771
764
594
10,201
10,278
10,591
11,443
11,717
67,556
74,957
68,951
11,310
8,828
8,992
8,827
8,645
8,576
8,537
361
446
65,200
61,292
5,082
5,343
5,219
4,663
4,880
5,840
185,444
196,385
4,217
3,998
2,695
2,849
47,982
48,811
22,288
22,553
12,974
13,519
1,544
1,514
557
577
12,377
11,646
62,871
72,245
4,731
5,260
8,566
8,585
4,354
4,329
4,208
3,966
3,781
4,037
4,158
4,355
1978
1979
,
.
.
Feb
Mar
Apr.
. .
May..
June
.
.
•
Julyi p
Aug. p
1/
2/
3/
4/
Includes Bank for International Settlements and European Fund,
Time deposits exclude negotiable time certificates of deposit, which
are included in "Other liabilities."
Data not available separately prior to April, 1978.
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.
,
65.
6W
4,242
8,353
3,139
5,087
8,755
4,302
777
847
511
586
484
473
Data 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
head offices and foreign branches which were previously reported as
deposits are included in "Other 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 fiirst time.
Preliminary,
October 1980
87
.CAPITAL MOVEMENTS.
Section
I
-
Liabilities
Table CM-I-2.
Part B
-
-
to
Foreigners Reported by Banks in tke ILnited
Total Liabilities by Type, Payable in Dollars— Continued
Nonmonetary International and Regional Organizations
Treasury Bulletin
88
CAPITAL MOVEMENTSSection
I
-
Liabilities
to
Foreigners Reported by Banks in the United States
Table CM-I-3. - Total Liabilities by Country
89
October 1980
-CAPITAL MOVEMENTSSectioD
I
-
Liabilities to
Table CM-I-4.
-
Foreigners Reported by Banks in the United States
Total Liabilities by Type and Country, as of Aagust 31, 1980
Preliminary
(Position in mllHons of dollars)
Treasury Bulletin
90
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks in the United States
Table CM-II-l.
-
Total Claims by Type
(OLD SERIES)
(In millions of dollars)
Payable tn foreign currencies
Payable in dollars
End of
calendar
year
CT month
Total
claims
(1)
All
-Ui
Official
Other
Institutions
foreigners
UxL
J^i.
_i5L
Collec,
Accepttions
ances
ou1>
made for
standing
account
for
account of of foreigners
reporting
banks and
domestic
GUStomersf7)
(8)
Deposits
of
reporting
banks an5
domestic
customers
with foreigners
Other
claims
(9)
(12)
(11)
(10)
Other
claims
1968
12,278
11,813
6,323
1,934
3,614
1,733
2,854
903
466
336
129
1969 i/.
12, 828
12,295
12,397
6,087
6,084
Ibi,
2,155
2,152
3,169
3,169
1,954
2,015
3,169
3,202
1,084
1,096
534
534
352
352
181
181
623
1,956
3,170
2,389
3,985
1,118
635
352
283
2,928 2/
2,395 2/
4,122
4,113
2,475
2,475
4,243
4,254
1,407 g,
1,979 2,
864
917
549
548
315
.
.
f12,930
1970
13,877
13,242.
1971 1/ 2/,
16,837
16,939
15,973
16,022
7,848
7,314
798
806
1972 1/
20,A25
20,739
19,539
19,853
10,213
10,259
996
1,007
3,405
3,400
5,811
5,852
3,269
3,276
3,204
3,226
2,853
3,092
886
886
441
441
445
445
1973
25,985
44,958
58,307
79,302
13,106
17,777
21,516
28,308
1,444
1,709
1,989
2,885
5,129
8,263
9,202
13,406
6,532
7,805
10,324
12,018
4,307
5,637
1975
1976
26,719
^6,235
59,767
81,135
5,756
4,160
11,237
11,147
12,358
4,413
10,307
20,178
32,878
734
1,276
1,458
1,833
428
669
556
1,103
306
607
802
730
1977
92,562
90,205
30,631
2,961
15,367
12,302
6,176
14,212
39,187
2,355
941
1,415
June,
80,476
82,033
78,510
80,065
27,065
26,590
2,663
2,662
13,002
12,532
11,401
11,396
6,317
6,417
13,087
13,209
32,041
33,848
1,966
1,968
864
834
1,101
1,133
July.
Aug. .
Sept.
Oct. .
Nov,
Dec...
81,874
81,085
83,812
86,507
87,357
92,562
80,039
81,869
84,300
85,270
90,205
27,921
27,284
28,997
28,969
28,183
30,631
2,536
2,759
2,792
2,896
2,889
2,961
13,829
12,967
14,310
13,961
13,665
15,367
11,556
11,558
11,894
12,112
11,629
12,302
6,352
6,200
6,025
6,005
6,045
6,176
13,478
13,610
13,698
13,768
13,462
14,212
32,288
31,877
33,149
35,557
37,580
39,187
1,835
2,114
1,944
2,207
2,086
2,i55
794
1,006
818
900
841
941
1,041
1,109
1,126
1,307
1,246
1,415
94,246
93,357
98,832
98,197
91,874
91,040
96,449
95,876
29,306
29,346
32,498
32,335
3,037
3,079
3,003
3,311
13,922
14,115
16,949
16,596
12,346
12,151
12,546
12,428
6,342
6,446
5,765
6,910
13,592
13,689
13,892
13,783
42,634
a, 559
43,293
42,847
2,371
2,317
2,383
2,321
940
895
948
1,034
1,432
1,422
1,435
1,288
197-4
19"-May...
.
197S-Jan.
Feb.
Mar.
Apr,
Note:
.
,
.
,
78, ^TO
Total claims include claims previously classified as either
"short-term" or "long-term" on the Treasury reports filed by banks.
A monthly maturity breakdown was discontinued with new reports
filed as of April 30, 1978, and the historical series has been
adjusted accordingly^ (See- introductory text to Capital Movements
Section for discussion of changes In reporting forms and coverage,)
21
'
Data on the two lines shown for this date differ because of changes
in reporting coverage.
Figures on the first line are comparable in
ll
Table CM-II-2.
-
5,467-
369
coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Data on the second line differ from those on the first line because
those claims of U.S. banks on their foreign branches and those claims
of the 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 claims"; and a number of reporting banks are
Included in the series ,f or the first time.
Total Claims by Type
(UEW SERIZS)
(In millions of dollars)
Payable in foreign currencies
Payable in dollars
End of calendar year
or quarter-end month
Total claims
Banks
own claims
(1)
'.2)
(j>
Claims of
banks'
domestic
customers
LiL_
Banks'
own claims
(5)
j^
Claims of
banks'
domestic
customers
Jii.
1978-June,,
Sept,..
Dec
103,116
108,448
130,792
99,687
105,048
126,763
90,561
95,973
115,544
9,126
9,075
11,219
3,428
3,400
4,030
2,619
2,954
3,663
809
446
1979-Mar
June
Sept...
Dec
124,852
121,694
132,529
149,632
156,700
129,396
146,316
153,671
108,524
115,393
127,503
133,723
13,170
14,003
18,813
19,948
3,157
3,133
3,315
3,030
2,681
2,559
2,700
2,438
476
574
616
1980-Mar...
June p.
156,992
178,462
15«,125
174,670
130,753
149,496
22,372
25,174
3,868
3,791
2,812
2,994
1,056
.
.
.
e:
p
See introductory text tb Capital Movements Section for discussion
of changes in repeating forms and coverage for new quarterly data
filed as of June 30, 1978.
Preliminary.
367
592
October 1980
91
CAPITAL MOVEMENTSSection
II
-
Claims on Foreigners Reported by Banks in the United States
Table CM-U-3. - Total Claims by Country
92
Treasury Bulletin
CAPITAL MOVEMENTS
Section
Table
CM-IM.
-
II
-
Claims on Foreigners Reported by Banks
in the United States
Total Claims on Foreigners by Type and Country Reported by Banks
in the
U^.
as of
June 80, 1980
.
October 1980
93
.CAPITAL MOVEMENTS,
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-5.
-
Banks'
Own
in the
United States
Claims, by Type
(In millions of dollars)
Payable in foreign currencies
Payable in dollars
Memorandum claims items
Claims on unaffiliated foreigners
Claims
on own
foreign
offices
Remaining maturity
End of
calendar year
or quarter -end
month
Total
reporting
banks'
own
One year or less
-ua.
_UL
(3)
-iZL
_18L
(10)
(11)
(12)
C13)
(14)
5,321
4,692
5,480
25,102
27,106
35,058
19,338
20,388
23,176
11,844
12,723
14,969
2,619
2,154
3,663
1,092
4,245
5,361
34,652
35,868
41,771
1,385
l,798.
1,528
1,568
1,864
50,832
55,465
62,329
58,162
5,948
6,433
7,652
8,103
10,231
11,236
11,529
12,911
36,889
37,655
39,932
47,513-
6,161
7,071
7,181
6,253
31,211
34,497
38,928
34,762
23,464
25,098
27,678
30,007
14,148
16,914
19,827
18,044
2,681
2,559
2,700
2,438
1,200
1,371
1,356
1,032
1,481
1,189
1,344
1,406
57,058
64,718
8,419
8,512
12,945
12,869
45,488
56,427
5,479
6,573
34,213
37,488
30,407
20,095
22,302
2,812
2,994
1,212
1,048
1,600
1,946
41, Ml
.1^2
3,249
98,927
119,206
43,528
53,898
1979-Mar...
June.
Sept..
Dec...
111,205
117,952
130,203
136,161
71,638
77,738
87,571
86,209
4,627
4,604
6,062
7,033
1<)80-Mar...
133,565
152,490
85,265
93,070
6,843
6,972
P
Preliminary.
Deposits
3,094
8,620
9,930
3,134
3,711
4,583
June.p
On all
Customer
other
liabilforeigner; ity on
acceptances
(b)
(A)
55,909
60,105
73,773
93,180.
Deposits
Over one year
On forei grDn all
On foreign On all
public
ather
other
public
borrowers foreigner; borrowers foreigners
claims
1978-June..
Sept..
Dec...
On unaffiliated
foreign banks
('))
94
Treasury Bulletin
-CAPITAL MOVEMENTSSection II
Table CM-II-6.
Claims on Foreigners Reported by Banks in the United States
Banks' Own Claims by Type and Country, Payable in Dollars, as of
August 31, 1980 Preliminary
October 1980
95
.CAPITAL MOVEMENTS.
Section
II
-
Claims on Foreigners Reported by Banks
Table CM-II-7.
-
in the
United States
Domestic Customers' Clmms by Type
96
Treasury Bulletin
.CAPITAL
Section
III
-
MOVEMENTS.
Supplementary Liabilities and Claims Data Reported by Banks in the United States
Table CM-III-1.
-
Dollar Liabilities
to,
and Dollar Claims on,
Foreigners in Countries and Areas Not Regularly Reported Separately
(Position at end of period in millions of dollars)
Total liabilities
Country
"Other Europe"
Cyprus
Iceland
Ireland
Monaco
"Other Latin America and
Caribbean "
Barbados
Belize
Bolivia
Costa Rica
Dominican Republic
El Salvador
French West Indies and
French Guiana
Guyana
Haiti
Honduras
Nicaragua
Paraguay
Suriname
"Other Asia"
Afghan is tan
Bangladesh
Brunei
Burma
Jordan
.........,,,,,,,
Kampuchea (formerly Cambodia)
Macao
Nepal
Sri Lanka
Vietnam
Yemen (Aden)
Yemen (Sana)
"Other Africa "
Ango la
Bu rund i
Cameroon,
,
Ethiopia, Including Eritrea.,
Gu inea
Ivory Coast
Kenya
Madagascar,
Mauritania
Mauritius
Mozambique
Niger
Rwanda
Sudan
Tanzania
Tunisia
Uganda
Zambia
"All Other"
New Hebrides
New 2ea land
Papua New Guinea
U,S. Trust Territory of
the Pacific Islands
Total banks' own claims
Dec,
65
26
111
6
60
48
105
237
8
48
33
165
186
14
1979p,
32
36
210
n.a.
70
6
5
9
6
169
195
287
239
187
188
193
203
243
346
301
404
12
265
216
340
275
17
20
36
63
140
164
83
15
94
39
106
48
103
36
6
2
3
2
9
19
18
36
52
4
6
30
38
4
6
5
9
9
36
23
55
36
68
37
18
35
18
30
65
35
10
26
23
17
39
47
37
26
13
8
21
6
'lO
37
25
7
4
56
46
21
67
169
160
68
n
36
A4
10
4
11
26
7
4
22
36
26
13
30
16
16
41
n.a,
82
197
229
68
73
147
171
13
5
51
6
44
147
14
7
15
6
26
14
19
4
9
23
43
32
21
26
1
4
27
82
23
66
80
26
123
17
27
157
12
15
185
36
84
35
36
1
48
10
97
October 1980
.CAPITAL
Section
III
-
MOVEMENTS.
Supplementary Liabilities and Claims Data Reported by Banlu in the United Statvs
Table CM-III-2.
-
Dollar Claims on
Nonbank Foreigners
(Position at end of period in millions of dollars)
98
Treasury Bulletin
CAPITAL MOVEMENTS
Section IV - Liabilities to Foreigners Reported by Nonbanking" Business Enterprises in the United States
Table CM-IV-1. - Total Liabilities by Type
(In millions of dollars)
End of
calendar year
or quarter-end
month
99
October 1980
-CAPITAL
Section IV
-
Liabilities to Foreigners
MOVEMENTS-
Reported by Nonbanking Business Enterprises
Table CM-IV-2.
-
Total Liabilities by Country
in the
United States
100
Treasury Bulletin
-CAPITAL MOVEMENTSSection IV
-
Liabilities to Foreigners
Table CM-IV-3.
-
Reported by Nonbanking Business Enterprises
Total Liabilities by Type and Country as of
March
31,
in the
1980
United States
Preliminary
101
October 1980
.CAPITAL MOVEMENTS
Section
V
-
Claims on Foreigners Reported by Nonbanking Business Enterprises in the United States
Table CM-V-1.
-
Total Claims by Type
(In millions of dollars)
Treasury Bulletin
102
-CAPITAL
Section
V
-
MOVEMENTS-
Claims on Foreigners Reported by Nonbanking Business Enterprises
Table CM-V-2.
-
Total Claims by Country
in
the United States
103
October 1980
-CAPITAL MOVEMENTSSection
V
-
Claims on Foreigners Reported by Nonbanking Business Enterprises
Table CM-V-3.
-
Total Claims by Type and Country as of
March
31,
in the
1980
United States
Preliminary
104
Treasury Bulletin
.CAPITAL MOVEMENTS.
- Transactions in Long-TeriB 8«curitie8 by Foreigners
Reported by Banks and Brokers in the United States
Foreign Purchases and Sales o( Long-Term Domestic Securities by Type
Section VI
Table CM-Vl-1.
(111
-
millions of dollars; negative figures indicate net sales, by foreigners or
a
net outflow of capital from the United States)
105
October 1980
CAPITAL MOVEMENTSSeetion VI - Transactions in Long-Term Secarities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-3. - Net Foreign Transactions in Marketable Treasury Bonds and Notes by Coaatry
(In
Treasury Bulletin
106
-CAPITAL MOVEMENTS-
Section VI - Transactions in Long-Term Securities by Foreigners
Reported b; Banks and Brokers in the United States
Table CM-VI-4. - Estimated Foreign Holdings of Marketable Treasury Bonds and Notes by Country
(Position at end of period in millions of doUdrs)
October 1980
107
CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-5. - Net Foreign Transactions in Long-Term Domestic Bonds,
Other than Treasury Bonds and Notes, by Country
Treasury Bulletin
108
-CAPITAL
MOVEMENTS-
- TraaiactioDi in Long-Tfrm S»curiti«i by Foreignera
Reported by Banka and Brokers in the United States
Table CH-VI-6. - Net Foreign Transactions in Domestic Stocks by Country
StctioB VI
Uni Led btatea)
(In millions of dollars; negative figures indicate net sales by foreigners or a net outtlow ot capital from the
Calendar year
1^80
through
Aug. p
Europe :
Au stria
Belgium- Luxembourg.
Bulgaria
Czechoslovakia
1
12
-1
-1
Denj ark.
Finland
France
Cerman Democratic Republic
Germany
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romania
Sp^in
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.R
Yugoslavia
Other Europe
292
122
3
A
620
-221
42
11
22
-4
-3
3
n.a.
-8
-7
152
-i
-585
613
1,230
-519
173
964
1,616
22
-19
-3
-23
20
2
Total Europe.
Canada
Latin America and Caribbean!
Argentina
Bahamas
BeriDuda.
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles,,..
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America and
Caribbean
-2
-39
-17
1
Total Latin America and
Caribbean
Asia :
China:
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel,
Japan
Korea
Lebanon
Malaysia
Pakistan
Philippines
Singapore
Syria
Thailand
Oil-exporting countries
Other Asia
2
93
127
1
1
1^/.
1,390
781
3
1
Total Asia.
Africa :
Egypt
Ghana
Liberia
Morocco
South Africa
Zaire
Oil-exporting countries
Other Africa
-1
_2/.
Total Africa
Other countries:
All other
Total other countries.
Total foreign countries.
International and regional
International
European regions 1
Latin American regional,.
Asian regional
African regional
Middle Eastern regional..
:
Total international
and regional
Grand total.
-10
-1
3
-I
109
October 1980
-CAPITAL MOVEMENTSSection VI
Table CM-VI-7
-
-
Transactions in Long-Term Secarities by Foreigners Reported
by Banks and Brokers in the United States
Net Foreign Transactions in Long-Term Foreign Bonds by Country
(In millions of dol lars; negative figures indicate net sales by foreigners
net outflow of capital
from ihe Linited States)
Treasury Bulletin
no
-CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-8. - Net Foreign Transactions in Foreign Stocks by Country
ins of
dollars; negative figures indicate net sales by foreigners or a net outflow of c apital from the United
I
Calendar year
1980
through
Aug. P
Europe :
Austria
Belgium-Luxembourg
Bulgaria
Czechoslovakia
Denmark
Finland
France
German Democratic Republic.
Germany
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romania
Spain
Sweden
Switzerland
Turkey
United Kingdom
U.S.S.B
Yugoslavia
Other Europe
-157
IS
126
-2
Total Europe
Canada
Latin America and Caribbean
Argentina
Bahamas
Bermuda
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles .......
Panama
Peru
Trinidad and Tobago
Uruguay
Venezuela
Other Latin America and
Caribbean
:
-25
*
3
Total Latin America and
Caribbean
Asia :
China:
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Lebanon
Malaysia
Pakistan
Philippines
Singapore,
Syria
Thailand
Other Asia
2
376
,
Total Asia
Africa :
Egypt
Ghana
Liberia
Morocco
South Africa
Zaire
Other Africa
Total Africa
Other cot:ntries :
Australia
All other
Total other countries
Total foreign countries
International and regional :
International
European regional
Latin American regional....
Asian regional
African regional
Middle Eastern regional....
Total International
and regional
Grand total
P
«
Preliminary.
Less than $500,000.
Jul. p
111
October 1980
-CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-9. - Foreign Purchases and Sales of Long-Term Securities,
August 1980 Preliminary
by Type and Country, During
Treasury Bulletin
112
-CAPITAL MOVEMENTSSection VI - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-VI-10. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During Calendar Year 1979
October 1980
113
.FOREIGN CURRENCY POSITIONS.
Background
have
Data
collected
been
currency positions
banks
of
since
197^
on
nonbanking
and
the
foreign
firms
the
in
United States, and on those of foreign branches, majority-
partnerships,
foreign
ovmed
and
majority-owned
foreign
subsidiaries of United States banks and nonbanking firms.
"Majority-owned
more
or
one
institutions
indirectly,
"Majority-owned
corporations
pursuant
Title
to
of Public
Law
93-110,
are
those
concerns
United
the
or
States,
nonprofit
directly
or
own more than 50 percent profit interest.
Reports cover nine major foreign exchange market currencies
required
nonbanking
in
and United States dollars held abroad.
Reporting has been
partnerships"
foreign
organized under the laws of a foreign country in which
foreign
subsidiaries"
are
foreign
which one or more nonbanking business
in
an
concerns or nonprofit institutions located in the United
amendement to the Par Value Modification Act, of September
States directly or indirectly own stock with more than
21, 1973t and implementing Treasury regulations.
50
II
Statistics
percent of the total combined voting power of all
on the positions will be published monthly in the Treasury
classes
Bulletin
percent of the total value of all classes of stock.
,
The
beginning with data for December 1975.
report
instructions
and
forms
used
the
in
entitled
stock
of
to
vote,
more
or
than
50
Reporting Threshold
collection of bank data were revised effective with reports
as of November
October 31,
for the weekly reports,
1978,
1,
and as of
1978 (the last business day of the month),
the monthly reports.
foreign currency
for
The most recent revision of the nonbank
forms
became effective as of
(see below)
the last business day of September 1978.
Among the changes
the Belgian franc was deleted as a reporting
on the forms,
currency.
The exemption level applicable to banks and banki.^g
institutions is $10 million equivalent.
level
applicable
nonbanking
to
The exemption
business
concerns and
nonprofit institutions was $1 million equivalent on all
nonbank forms from March 1975 through November 1976.
was
raised
to
million
$2
equivalent
on
the
It
monthly
reports of positions held in the United States.
From
November 1976 through September 1978 the exemption level
was raised to $3 million on foreign subsidiary positions
Common Definitions and Concepts
on June 31,
1977 and for positions held in the United
States on September 30, 1978.
The term "United States" means the States of the United
States, the District of Columbia, the Commonwealth of Puerto
American Samoa,
Rico,
Canal
the
Zone,
Virgin Islands, and Wake Island.
other
locations
than
the
Midway
Island,
the
The term "foreign" means
"United
term
The
States",
"worldwide" is used to describe the sum of "United States"
and "foreign" data.
Data for the United States include amounts reported by
United States including the U.S. branches and subsidiaries
of foreign nonbanking concerns,
and
positions",
in
the case of "nonbanking
agencies,
the
and
branches,
subsidiaries located in the United States of foreign banks
and
banking
institutions,
monthly "bank positions"
Data
for
report
must
their
entire
foreign
currency
United States dollar equivalent value is reached in any
category
of
liabilities,
assets,
contracts
exchange
bought and sold, or the net position in the currency.
In
general, exemption levels are applied to the entire firm
sole proprietorships, partnerships, and corporations in the
firms'
Firms
position in a specified foreign currency if a specified
in
the
case
the weekly
of
and
,
"foreign
branches"
"abroad"
and
include
in
United
the
branch
States
and
subsidiary.
or
separately
majority -owned
branches,
each
foreign
their
foreign
to
reports
In
on
partnerships
foreign
and
majority-owned foreign subsidiaries, United States banks
and nonbanks are
dollar
-
required
denominated
to
assets,
contracts bought and sold,
report the United States
liabilities,
exchange
and net positions of those
branches, partnerships, and subsidiaries with reportable
positions in the specified foreign currencies.
amounts
reported
partnerships
and
by
majority-owned
subsidiaries
do
reflect
not
the positions of
United
of
In general,
States banking and nonbanking concerns.
data
majority-owned
branches,
the
foreign
these
Description of Statistics
parents or
foreign parents' subsidiaries located abroad except through
Data
collected
on
the
foreign
forms are
published
in
the Treasury Bulletin in nine
intercompany
The
accounts.
data
include
the
subsidiaries of a few foreign-owned U.S. based corporations.
Assets, liabilities, and foreign exchange contract
data
are
reported ^ on
the
basis of time
remaining
to
sections.
The
first
Treasury foreign currency
section
presents
sununary
a
of
worldwide
net
reported.
Sections II through VIII each present data on
positions
in
all
of
the
Section UC
currencies
presents the
maturity as of the date of the report, regardless of the
a Specified foreign, carrency.
original maturity of the instrument involved.
United States dollar positions of the foreign branches
means due for receipt or delivery within
days from the date of the report.
maturing in
1
2
"Spot"
business
"Short-term" means
year or less from the date of the report.
and
subsidiaries
required
to
of
report
foreign currencies.
United
in
one
States
or more
firms
of
the
which
are
specified
114
Treasury Bulletin
FOREIGN CURRENCY POSITIONS
Section
I
-
Summary
Positions
Table FCP-I-1. - Nonbanking
(In millions of foreign currency units)
Report
Date
1/
October 1980
113
.FOREIGN CURRENCY POSITIONS.
Section
II
-
Table FCP-II-1.
Canadian Dollar Positions
-
Nonbanking Firms' Positions u
(In millions of Canadian dollars)
Posi
Treasury Bulletin
116
.FOREIGN CURRENCY POSITIONSSection
Table FCP-II-3.
II
-
-
Canadian Dollar Positions
Consolidated Monthly Bank Positions
(In millions of Canadian dollars)
le/
October 1980
111
-FOREIGN CURRENCY POSITIONS.
Section
III
-
French Franc Positions
Table FCP-III-1. - Nonbanking Firms
Positions
1/
(In millions of French francs)
Pes i t ion
at end
of month
Liquid
assets 2/
Shortterm
debt 3/
ri)
Dec.
Short- term trade
Receivables 4/
Other
assets 6/
Pay-
ables
iW)
3/
(5)
Other
liabilities 7/
(6)
Forward exchange 8/
Net
Position 9/
Bought
(7)
(8)
(9)
Ex-
Posi tions
change
rate 10/
held by
(10)
118
Treasury Bulletin
.FOREIGN CURRENCY POSITIONS.
Section
Table FCP-III-3.
III
-
-
French Franc Positions
Consolidated Monthly Bank Positions
(In millions of French francs)
^l'
119
October 1980
.FOREIGN CURRENCY POSITIONS.
Section IV - German Mark Positions
Table FCP-IV-1. - Nonbanking Firms' Positions
(In millions of marks)
Po
120
Treasury Bulletin
.FOREIGN CURRENCY POSITIONS.
Section IV -
German Mark
Positions
Table FCP-IV-3. - Consolidated Monthly Bank Positions
121
October 1980
FOREIGN CURRENCY POSITIONS
Section V
-
Italian
Table FCP-V-1.
-
Nonbanking Firms' Positionsi/
Lira
(In mllltons of lire)
Po
Positions
122
Treasury Bulletin
.FOREIGN CURRENCY POSITIONS.
Section VI
Table FCP-VI-1.
-
Japanese Yen Positions
-
Nonbanking Firms' Positions
(In millions of yen)
Position
123
October 1980
.FOREIGN CURRENCY POSITIONS.
- Japanese Yen Positions
Section VI
Table FCP-VI-3.
-
Consolidated Monthly Bank Positions
11/
124
Treasury Bulletin
-FOREIGN CURRENCY POSITIONS.
Section VII
-
Swiss Franc Positions
Table FCP-VII-1. - Nonbanking Firms' Positions
(In millions of Swiss francs)
Position
125
October 1980
.FOREIGN CURRENCY POSITIONS.
Section VII
Table FCP-VII-3.
-
-
Swiss Franc Positions
Consolidated Monthly Bank Positionsis/
126
Treasury Bulletin
.FOREIGN CURRENCY POSITIONS.
Section VIII
Table FCP-VIII-1.
-
-
Sterling Positions
Nonbanking Firms' Positions
1/
October 1980
127
.FOREIGN CURRENCY POSITIONS.
Section VIII
Table FCP-VIII-3.
-
-
Sterling Positions
Consolidated Monthly Bank Positionsis/
(In millions of Sterling pounds)
128
Treasury Bulletin
-FOREIGN CURRENCY POSITIONS.
Section IX
Table FCP-IX-1.
-
United States
Nonbanking Firms
Dollar Positions Abroad
Foreign Subsidiaries
(In millions of United States dollars)
Posi cion
Positions
October 1980
129
.FOREIGN CURRENCY POSITIONS.
Section IX
-
Table FCP-IX-3.
United States Dollar Positions Abroad
-
Monthly Bank Foreign Office Positions
i?/
Treasury Bulletin
130
FOREIGN CURRENCY POSITIONS-
FoQtpotes
1/
Worldwide net positions on the last business day of the
6/
All current assets other than liquid assets and short-
calendar quarter of nonbanking business concerns in the
term trade receivables, and financial assets maturing in
United States and their foreign branches and majority-
more
than
year
one
from
intracompany accounts,
receivables and installment paper which have been sold
term trade receivables
subsidiaries.
and
or discounted before maturity,
and stocks,
parent companies'
U.S.
investment in their majority-owned foreign subsidiaries,
equipment)
and
(plant
assets
fixed
(
report
date
bonds, and other securities.
equipment )
and
.
Includes
long-
long-term intracompany claims
,
and
parents
majority-owned foreign subsidiaries
capitalized
and
plant
the
inventories, prepayments,
Excludes
partnerships
owned
Fixed assets
investment
'
in
are excluded.
leases for plant and equipment.
7/
2/
branches
Foreign
partnerships
majority-owned
and
All financial liabilities other than short-term debt and
short-term trade payables; includes long-term trade pay-
and
ables;
subsidiaries only.
intracompany liabilities, accrued expenses, and
liabilities
2/
Weekly
worldwide
institutions
the United States,
in
majority-owned
and
branches
and their
foreign
maturing
in
more
than
one
year
from
the
Capitalized plant and equipment leases are
report date.
of banks and banking
positions
net
excluded.
foreign
subsidiaries.
8/
Excludes capital assets and liabilities.
Outstanding amounts of foreign exchange which have been
contracted to
V
Foreign branches and majority-owned subsidiaries only.
5/
Monthly worldwide net positions including capital assets
9/
received or delivered in the future.
Columns (1),(3),(5), and (7) less columns C2),CU),{6),
and (8).
and liabilities on the last business day of the month of
banks and banking institutions in the United States and
be
Excludes spot exchange.
10/
their foreign branches and majority-owned subsidiaries.
rates
Representative
on
the
report
date.
Canadian
dollar and United Kingdom pound rates are expressed in
U.S. dollars per unit of foreign currency, all others in
^/
Foreign branches and majority-owned subsidiaries only.
foreign unit3_per U.S. dollar.
SECTIONS II THROUGH IX
11 /
Banks and banking institutions in the United States and
their foreign branches and majority-owned subsidiaries.
\/
section
Positions of nonbanking business concerns in the United
In
States
sidiaries only.
foreign
their
and
branches
partnerships and subsidiaries.
and
majority-owned
In section IX
positions
X,
foreign branches and majority-owned sub-
12 /
Excludes capital assets and liabilities.
13 /
Includes, both spot and forward exchange contracts.
1^/
Sum of columns (3) and
15/
Sum of columns (M) and (9).
16 /
Sum of columns (5) and (10).
17 /
See footnote 10.
18/
See footnote 11.
19/
Fixed-rate loans are reported by time remaining bo final
of foreign branches and majority-owned partnerships and
subsidiaries only.
2/
Includes unsettled spot foreign exch^ge purchase contracts,
well
as
currency,
as
deposits, negotiable
and
other
readily
financial instruments maturing in
the report date
,
other
repayable
parties
accounts
and
receivable,
demand
1
and
time
(8).
transferable
year or less from
intracompany claims and loans to
on
and
demand.
unaccepted
Other
trade
loans,
drafts
are
excluded.
3/
Includes
unsettled
contracts,
spot
intracompany
foreign
liabilities,
exchange
other than
trade payables, short-term borrowings due in
less
from the report date,
long-term
debt.
Other
sales
maturity or the nearest call date, whichever is earlier,
short-term
and floating-rate loans by time remaining to the nearest
1
year or
interest-fixing date.
and the current portion of
loans,
accrued
expenses
and
20/
21/
}\/
Due in
year or less; includes intracompany trade
1
receivables.
Receivables and installment paper sold or
discounted before maturity are excluded.
5/
Due
in
payables
1
year or
less
;
includes intracompany trade
Option forward exchange contracts are reported by time
remaining to the nearest option exercise date.
accounts payable are excluded.
r
n. a.
Sum of columns (3) and (6).
Revised,
Not available.
,
October 1980
131
FINANCIAL OPERATIONS OF
Section II
Table GA-II-1.
-
-
GOVERNMENT AGENCIES AND FUNDS
Federal Credit Programs
Direct Sales and Repurchases of Loans
fin millions of
Export- Import
Bank of the
United States
Fiscal year
or month
Repurchases
1970
1971
1972
1973
1974
1975
1976
2,115
2,548
3,045
6,257
3,903
7,829
11,666
2,759
7,895
10,544
T.Q
1977
1978
1979
U,848
1979-Aug.
1,130
1,135
1,090
Sept
Oct.
Nov.
Dec.
.
1980-Jan.
Feb..
Mar.
Apr.
May,
June
July,
Aug.
*
Less than $500,000.
780
102
675
1,313
1,345
1,849
1,490
8*2
305
781
330
1,141
1,559
1,281
422
2,121
3,399
2,055
512
520
508
512
21
773
Farmers Home
Administration
Repurchases
406
269
248
145
21
21
160
187
20
3
1,668
2,005
2,430
3,324
2,172
6,415
4,247
1,070
5,445
9,407
10,375
569
287
574
284
1,105
1,524
1,14S
414
2,083
3,355
2,026
1,180
1,135
1,090
510
518
506
512
780
100
528
503
508
1,345
1,849
1,490
525
502
506
5
511
507
Small Business
Administration
Veterans
Administration
Repurchases
Repurchases
38
244
368
2,300
1,501
1,232
6,963
1,592
2,118
938
1,473
488
209
163
294
96
333
12
12
19
25
30
32
29
6
36
43
28
1
1
2
1
393
771
509
1,470
1,188
Repurchases
2
673
920
507
Government
National Mortgage
Association
20
511
511
Housing and Urban
Development Dept.
Repurcba5££
6
1,470
1,188
dnHar^)
2
1
2
2
2
1
2
1
132
Treasury Bulletin
CUMULATIVE TABLE OF CONTENTS
November 1979 through October 1980
Issues and page numbers
May
Article
Treasury financing operations
:
Federal fiscal operations
Summary of fiscal operations
Budget receipts by source
Chart - Budget receipts by source
Budget outlays by agency
Undistributed offsetting receipts
Budget outlays by function
Investment transactions of Government accounts
in Federal securities (net)
Trust fund transactions
Selected accrual data reported by Federal
agencies
Detail of excise tax receipts
Summary of internal revenue collections by
States and other areas
:
Federal obligations
Account of the U.S. Treasury
Status of the Account of the U.S. Treasury
Elements of changes in Federal Reserve and tax
and loan account balances
Gold assets and liabilities of the Treasury
:
Monetary statistics
Currency and Coin in Circulation
:
Federal debt
Summary of Federal debt
Computed interest charge and computed interest
rate on interest-bearing public debt
Interest-bearing public debt
Government account series
Interest -bearing securities issued by
Government agencies
Participation certificates
Maturity distribution and average length of
marketable interest-bearing public debt
Debt subject to statutory limitation
Status and application of statutory limitation.
Treasury holdings of securities issued by
Government corporations and other agencies....
Description of securities of Government corporations and other business-type activities
held by the Treasury
:
Public debt operations
Maturity schedule of interest-bearing public
marketable securities other than regular
weekly and 52-week Treasury bills outstanding
Offering of 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 subscription
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
Foreign currency series securities issued to
residents in 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
Redemption of matured and unmatured savings
bonds
Sales and redemptions by denominations, Series
E and H combined
Sales by States, Series E and H combined
:
United States savings notes
Sales and redemptions by periods
:
Ownership of Federal securities ;Distribution by classes of investors and types
of issues
Estimated ownership by private investors
Treasury survey of ownership
Treasury survey
-
commercial bank ownership
Aug.
Sept
.
s
:
.
October 1980
133
CUMULATIVE TABLE OF CONTENTS
November 1979 through October 1980-Continued
Issues and page numbers
Sept
Market quotations on Treasury securities
End-of -month c losing quotat ions
Chart - Yields of Treasury securities
:
5
Average yields of long-term bonds
Average yields of long-term Treasury, corporate,
and municipal bonds
Chart - Average yields of long-term Treasury,
corporate, and municipal bonds
:
Exchange Stabilization Fund
Balance sheet
Income and expense
:
National bank reports
Operating income and expense, and dividends of
national banks, calendar year 1979
:
International financial statistic
U.S. reserve assets
U.S. liquid and other liabilities to foreign
official institut ions and liquid liabilities
to all other foreigners
U.S. liquid and other 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 International Monetary Fund
Weighted average of exchange rate changes for
the dollar
:
,
Capital movement s
Liabilities to foreigners reported by banks in
the United States
Claims on foreigners reported by banks in the
United States
Supplementary liabilities and claims data reported by banks in the United States
Liabilities to foreigners reported by nonbanking
business enterprises in the U.S
Claims on foreigners reported by nonbanking
business enterprises in the U.S
Transactions in long-term securities by foreigners reported by banks and brokers in the
United States
:
Foreign Currency Positions
Summary
Belgian Franc Positions
Canadian Dollar Positions
French Franc Posit ions
German Hark Positions
Italian Lira Positions
Japanese Yen Posit ions
Swiss Franc Positions
Sterling Positions
United States Dollar
Positions Abroad
:
Foreign currencies acquired by the U.S Government without payment of dollars
Foreign currency transactions, summary and
country uses
Foreign currency transactions U.S uses and
trust funds
.
:
,
.
Financial operations of Government agencies and funds
Government corporations and other business-type
activities:
Statements of financial condition
Statements of income and retained earnings
Statements of accounts receivable
Statements of loans receivable
Federal credit programs
Direct sales and repurchases of loans
Direct and guaranteed loans outstanding
Trust funds:
Civi I Service Retirement and Disability Fund.
Federal Old-Age and Survivors Insurance Trust
Fund
Federal Disability Insurance Trust Fund
Federal Hospital Insurance Fund
Federal Supplementary Medical Insurance
Trust Fund
Railroad Retirement Accounts
Unemployment Trust Fund
National Service Li fe Insurance Fund
Investments of speci f ied trust accounts
.
.
.
@FedFRASER