Annual report of the Secretary of the Treasury on the state of the finances for the year .. . ies and private investors showeda net disinvestment of $ billion, in fiscal 1975 private investorsacquired $ billion, or 94 percent, of the securities while the FederalReserve System picked up $ billion. In fiscal 1975 nonmarketable public debt increased $ billion com-pared with a gain of $ billion in fiscal 1974. Special nonmarket-able securities issued only to Government accounts and trust fundssuch as the unemployment trust fund accounted for most of the in-crease in nonmarketable
Annual report of the Secretary of the Treasury on the state of the finances for the year .. . ies and private investors showeda net disinvestment of $ billion, in fiscal 1975 private investorsacquired $ billion, or 94 percent, of the securities while the FederalReserve System picked up $ billion. In fiscal 1975 nonmarketable public debt increased $ billion com-pared with a gain of $ billion in fiscal 1974. Special nonmarket-able securities issued only to Government accounts and trust fundssuch as the unemployment trust fund accounted for most of the in-crease in nonmarketable debt. These special securities increased $7.^billion, while special nonmarketable issues to foreign investors de-clined $ billion. Savings bonds outstanding grew by $ billionand other nonmarketables by $ billion. The unified budget totals exclude the Government-sponsored agen-cies. Therefore, the obligations of these agencies are not part of theFederal debt; nevertheless, these privately owned and managed agen- PRIVATE HOLDINGS OF MARKETABLE FEDERAL SECURITIES June 1976 — ;biI. 20 15 Federal AgencySecurities ParticipationCertificates 1970 1971 1972 1973 1974 1975
Size: 1338px × 1866px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentu, bookdecade1870, booksubjectfinancepublic, bookyear1876
