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Statistical Supplement | February 2004

Statistical Supplement to the Federal Reserve Bulletin, February 2004

1.41  Gross Public Debt of U.S. Treasury, Types and Ownership
Billions of dollars, end of period
Type and holder 1999 2000 2001 2002 2002 2003
Q4 Q1 Q2 Q3
1 Total gross public debt 5,776.1 5,662.2 5,943.4 6,405.7 6,405.7 6,460.8 6,670.1 6,783.2
 
  By type  
2 Interest-bearing 5,766.1 5,618.1 5,930.8 6,391.4 6,391.4 6,474.0 6,656.5 6,754.8
3 Marketable 3,281.0 2,966.9 2,982.9 3,205.1 3,205.1 3,331.8 3,379.0 3,460.6
4 Bills 737.1 646.9 811.3 888.8 888.8 955.0 927.8 918.2
5 Notes 1,784.5 1,557.3 1,413.9 1,580.8 1,580.8 1,622.9 1,713.7 1,799.4
6 Bonds 643.7 626.5 602.7 588.7 588.7 585.7 582.4 576.8
7 Inflation-indexed notes and bonds1 100.7 121.2 140.1 146.9 146.9 153.2 155.0 166.1
8 Nonmarketable2 2,485.1 2,651.2 2,947.9 3,186.3 3,186.3 3,142.2 3,277.6 3,294.2
9 State and local government series 165.7 151.0 146.3 153.4 153.4 148.8 140.5 148.4
10 Foreign issues3 31.3 27.2 15.4 11.2 11.2 12.2 11.7 11.0
11 Government 31.3 27.2 15.4 11.2 11.2 12.2 11.7 11.0
12 Public .0 .0 .0 .0 .0 .0 .0 .0
13 Savings bonds and notes 179.4 176.9 181.5 184.8 184.8 187.3 189.9 192.6
14 Government account series4 2,078.7 2,266.1 2,574.8 2,806.9 2,806.9 2,763.8 2,905.5 2,912.2
15 Non-interest-bearing 10.0 44.2 12.7 14.3 14.3 13.8 13.6 13.4
 
  By holder5  
16 U.S. Treasury and other federal agencies and trust funds 2,064.2 2,270.1 2,572.2 2,757.8 2,757.8 2,764.6r 2,854.8r 2,860.7
17 Federal Reserve Banks6 478.0 511.7 551.7 629.4 629.4 641.5 652.1 656.1
18 Private investors 3,233.9 2,880.4 2,819.5 3,018.5 3,018.5 3,056.0 3,164.7 3,268.0
19 Depository institutions 248.7 201.5 181.5 222.6 222.6 153.1 144.8 n.a.
20 Mutual funds 228.6 220.8 257.5 279.0 279.0 296.3 298.5 n.a.
21 Insurance companies 123.4 110.2 105.7 133.9 133.9 151.2 161.7 n.a.
22 State and local treasuries7 266.8 236.2 256.5 274.2 274.2 306.2 318.5 n.a.
  Individuals  
23 Savings bonds 186.4 184.8 190.3 194.9 194.9 196.9 199.1 n.a.
24 Pension funds 321.0 304.1 281.6 289.9 289.9 244.2 254.5 n.a.
25 Private 109.8 108.4 104.2 113.6 113.6 66.9 69.1 n.a.
26 State and Local 211.2 195.7 177.4 176.3 176.3 177.2 185.4 n.a.
27 Foreign and international8 1,268.7 1,034.2 1,053.1 1,212.7 1,212.7 1,254.6 1,355.5r 1,427.9
28 Other miscellaneous investors7, 9 590.3 588.7 493.3 433.8 433.8 443.4 378.2 n.a.

1. The U.S. Treasury first issued inflation-indexed securities during the first quarter of 1997.   Return to table

2. Includes (not shown separately) securities issued to the Rural Electrification Administration, depository bonds, retirement plan bonds, and individual retirement bonds.   Return to table

3. Nonmarketable series denominated in dollars, and series denominated in foreign currency held by foreigners.   Return to table

4. Held almost entirely by U.S. Treasury and other federal agencies and trust funds.   Return to table

5. Data for Federal Reserve Banks and U.S. government agencies and trust funds are actual holdings; data for other groups are Treasury estimates.   Return to table

6. U.S. Treasury securities bought outright by Federal Reserve Banks, see Supplement table 1.18.   Return to table

7. In March 1996, in a redefinition of series, fully defeased debt backed by nonmarketable federal securities was removed from "Other miscellaneous investors" and added to "State and local treasuries." The data shown here have been revised accordingly.   Return to table

8. Includes nonmarketable foreign series Treasury securities and Treasury deposit funds. Excludes Treasury securities held under repurchase agreements in custody accounts at the Federal Reserve Bank of New York.   Return to table

9. Includes individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and noncorporate businesses, and other investors.   Return to table

Sources. Data by type of security, U.S. Treasury Department, Monthly Statement of the Public Debt of the United States; data by holder, Federal Reserve Board of Governors, Flow of Funds Accounts of the United States and U.S. Treasury Department, Treasury Bulletin, unless otherwise noted.

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Last update: May 19, 2005