. Annual report of the Secretary of the Treasury on the state of the finances for the year .. . 20 15 10 Federal Agency Securities i September 1976 ^Participation Certificates ; 1971 1972 1973 1974 1975 1976 19711972 1973 1974 1975 1976 Fiscal Years & Transition Quarter of the funds borrowed from the pubhc, while the Federal Reserve Systemabsorbed $ billion, or 12 percent. Private investors also held $ billion of federally sponsored agencyissues, an increase of $ billion for the year. Federally sponsored agencysecurities held by the Federal Reserve System and Government
. Annual report of the Secretary of the Treasury on the state of the finances for the year .. . 20 15 10 Federal Agency Securities i September 1976 ^Participation Certificates ; 1971 1972 1973 1974 1975 1976 19711972 1973 1974 1975 1976 Fiscal Years & Transition Quarter of the funds borrowed from the pubhc, while the Federal Reserve Systemabsorbed $ billion, or 12 percent. Private investors also held $ billion of federally sponsored agencyissues, an increase of $ billion for the year. Federally sponsored agencysecurities held by the Federal Reserve System and Government accountsincreased $ billion to a level of $ billion. Nonmarketable public debt increased $ billion in fiscal 1976, just$ billion more than in fiscal 1975. Special nonmarketable securitiesissued only to Government accounts and trust funds such as the Federalold-age and survivors insurance trust fund increased $ billion andaccounted for nearly 63 percent of the total increase in nonmarketabledebt. Savings bonds and notes outstanding increased by $ billion, whilespecial nonmarketables to foreign investors declined $ billion. Othernonmarketables increased $
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Keywords: ., bookcentu, bookdecade1870, booksubjectfinancepublic, bookyear1876
