. Annual report of the Secretary of the Treasury on the state of the finances for the year .. . tion value (cash receipts plus earned accruals less redemptions).»Increase less than $.500, Decrease less than $500,000. Note.—Figures are rounded to nearest million and will not necessarily add to totals. During the fiscal year the computed average rate of interest on theinterest-bearing debt outstanding decreased from to per-cent. The computed annual interest charge on the debt on whichthis average rate is based increased from $1,218 millions at thebeginning of the year to $1,644


. Annual report of the Secretary of the Treasury on the state of the finances for the year .. . tion value (cash receipts plus earned accruals less redemptions).»Increase less than $.500, Decrease less than $500,000. Note.—Figures are rounded to nearest million and will not necessarily add to totals. During the fiscal year the computed average rate of interest on theinterest-bearing debt outstanding decreased from to per-cent. The computed annual interest charge on the debt on whichthis average rate is based increased from $1,218 millions at thebeginning of the year to $1,644 millions at the end of the year. Chart4 shows the computed annual interest charge and interest rate onpublic debt obligations monthly from June 1934 to June 1942. The interest due and payable on the various classes of securitiesduring 1942 and the amounts paid and outstanding unpaid are REPORT OF THE SECRETARY OF THE TREASURY 19 COMPOSITION OF THE COMPUTED INTEREST CHARGE ON AN ANNUAL BASIS,MONTHLY, FROM JUNE 1934 TO JUNE 1942 1935 1936 1937 I93B 1939 1940 1941 19 42 DOLLARSMillions 1400. -1200 400 1934 1935 942 COMPUTED INTEREST RATES ON AN ANNUAL BASIS, MONTHLY, FROM JUNE 1934: TO JUNE 1942


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Keywords: ., bookcentu, bookdecade1870, booksubjectfinancepublic, bookyear1876