Annual report of the Secretary of the Treasury on the state of the finances for the year .. . Interest-bearinr:Public issues: Marketable 3 3 Nonmarketable — Total public issues 2 3 Special issues to Government investment accounts _ . 1 Total interest-bearing public debt .4 .3 2 4 Matured debt on which interest has ceased — 1 Debt bearing no interest . . .3 Total public debt. ._. _ 2 6 Guaranteed obligations not owned by the Treasury .__ .1 Total public debt and guaranteed obUgations ._ . 2 7 Of the $
Annual report of the Secretary of the Treasury on the state of the finances for the year .. . Interest-bearinr:Public issues: Marketable 3 3 Nonmarketable — Total public issues 2 3 Special issues to Government investment accounts _ . 1 Total interest-bearing public debt .4 .3 2 4 Matured debt on which interest has ceased — 1 Debt bearing no interest . . .3 Total public debt. ._. _ 2 6 Guaranteed obligations not owned by the Treasury .__ .1 Total public debt and guaranteed obUgations ._ . 2 7 Of the $ billion total increase in debt during the fiscal year,interest-bearing issues accounted for $ billion and noninterest-bearing debt for $ billion. There was also an $ billion increasein guaranteed obligations, primarily Federal Housing Administrationdebentures. The rise in public issues of $ billion reflected anincrease of $ billion in marketable secmities which was partiallyoffset by a decline of $ billion in public nonmarketable issues. Chart 3 THE PUBLIC DEBTi. Including public debt and guaranteed Excluding Victory Loan proceeds used to repay debt in 1946. 82 1961 REPORT OF THE SECRETARY OF THE TREASURY Marketable issues have in fact been an increasing proportion of theinterest-bearmg pubHc issues since 1952. On June 30, 1961, marketa-ble issues constituted 78 percent of the interest-bearing public issuesand nonmarketable 22 percent, as compared with 64 percent and 36percent, respectively, on June 30, 1952. Increases in the marketable debt during the fiscal year 1961 tookplace entirely in the relatively short-term area, as sho^vn in the accom-panying table. Regular weekly Treasury bills and tax anticipationbills increased by $ billion and $ billion, respectively^, more thancompensating for the cutback from $ billion to $ billion in 1-yearbills. Certificates of indebtedness outstanding dropped sharply, partlybecause of the Treas
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Keywords: ., bookcentu, bookdecade1870, booksubjectfinancepublic, bookyear1876
