[Economic Report of the President (2000)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



[[Page 408]]

 
Table B-87.--Estimated ownership of U.S. Treasury securities, 1989-99
[Billions of dollars]
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Held by private investors
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Total     Federal                                               Pension funds
End of month                 public   Reserve and    Total                       U.S.   -------------------------                       State and
debt\1\   Government  privately     Depository     savings               State and   Insurance   Mutual      local        Foreign and        Other
accounts\2\     held    institutions\3\  bonds\4\  Private\5\     local     companies  funds\6\  governments  international\7\  investors\8\
governments
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1989:Mar................................   2,740.9      837.5      1,903.4        239.0         112.2      109.3       127.3        119.7     118.5       355.9           373.5          348.1
June................................   2,799.9      890.8      1,909.1        218.2         114.0      115.9       127.9        120.6     116.5       358.6           366.4          371.1
Sept................................   2,857.4      899.1      1,958.3        205.4         115.7      122.9       129.4        121.2     120.4       359.8           391.8          391.7
Dec.................................   2,953.0      935.6      2,017.4        204.2         117.7      131.5       128.6        123.9     124.9       369.1           426.1          391.4

1990:Mar................................   3,052.0      935.4      2,116.6        218.8         119.9      121.6       139.0        132.3     142.7       401.1           445.4          395.8
June................................   3,143.8    1,003.8      2,140.0        214.2         121.9      128.4       144.6        133.7     141.2       405.0           451.0          399.9
Sept................................   3,233.3    1,026.0      2,207.3        214.8         123.9      133.2       146.4        136.4     147.6       407.3           463.8          434.0
Dec.................................   3,364.8    1,059.5      2,305.3        206.5         126.2      137.2       144.5        138.2     162.8       410.6           487.1          492.3

1991:Mar................................   3,465.2    1,104.6      2,360.6        222.5         129.7      131.2       153.4        147.2     186.1       415.6           492.0          482.9
June................................   3,538.0    1,139.1      2,398.9        231.5         133.2      132.0       155.0        156.8     180.1       416.8           502.0          491.5
Sept................................   3,665.3    1,166.9      2,498.4        251.7         135.4      136.2       140.2        171.4     199.5       430.2           506.3          527.6
Dec.................................   3,801.7    1,223.2      2,578.5        271.5         138.1      137.7       141.7        181.8     221.8       435.5           520.9          529.5

1992:Mar................................   3,881.3    1,215.5      2,665.8        300.5         142.0      128.5       140.7        188.4     227.9       460.0           536.4          541.4
June................................   3,984.7    1,272.3      2,712.4        315.1         145.4      129.3       146.7        192.8     235.2       435.6           558.2          554.1
Sept................................   4,064.6    1,282.4      2,782.2        337.1         150.3      133.3       166.4        194.8     245.1       429.3           562.8          563.2
Dec.................................   4,177.0    1,329.7      2,847.3        348.3         157.3      135.3       172.3        197.5     259.5       418.2           576.7          582.2

1993:Mar................................   4,230.6    1,328.6      2,902.0        362.6         163.6      127.2       171.2        208.0     261.5       434.0           585.9          588.1
June................................   4,352.0    1,400.6      2,951.4        361.0         166.5      127.4       176.9        217.8     269.2       441.2           596.8          594.6
Sept................................   4,411.5    1,422.2      2,989.3        366.2         169.1      141.8       188.7        229.4     283.9       434.0           619.1          557.2
Dec.................................   4,535.7    1,476.1      3,059.6        373.0         171.9      136.8       186.3        234.5     294.0       447.8           650.3          565.0

1994:Mar................................   4,575.9    1,476.0      3,099.9        397.4         175.0      138.0       195.0        233.4     278.0       443.4           661.1          578.6
June................................   4,645.8    1,547.5      3,098.3        383.9         177.1      145.0       193.4        238.1     271.6       425.2           659.9          604.2
Sept................................   4,692.8    1,562.8      3,130.0        364.0         178.6      131.7       191.9        243.7     265.3       398.2           682.0          674.6
Dec.................................   4,800.2    1,622.6      3,177.6        339.6         180.5      157.9       192.1        240.1     273.0       370.0           667.3          757.1

1995:Mar................................   4,864.1    1,619.3      3,244.8        352.9         181.4      162.8       203.1        244.2     273.0       350.5           707.0          770.0
June................................   4,951.4    1,690.1      3,261.3        340.0         182.6      166.6       197.2        245.0     263.9       313.7           762.5          790.0
Sept................................   4,974.0    1,688.0      3,286.0        330.8         183.5      170.6       193.0        245.2     272.6       304.3           820.4          765.6
Dec.................................   4,988.7    1,681.0      3,307.7        315.4         185.0      176.5       191.7        241.5     286.5       289.8           835.2          786.1

1996:Mar................................   5,117.8    1,731.1      3,386.7        322.1         185.8      180.4       198.9        239.4     310.4       283.6           908.1          758.0
June................................   5,161.1    1,806.7      3,354.4        318.7         186.5      183.9       208.2        229.5     306.5       283.3           929.7          708.1
Sept................................   5,224.8    1,831.6      3,393.2        310.9         186.8      186.9       202.4        226.8     308.4       263.8           993.4          713.8
Dec.................................   5,323.2    1,892.0      3,431.2        296.6         187.0      189.2       203.5        214.1     315.8       257.0         1,102.1          665.9

1997:Mar................................   5,380.9    1,928.7      3,452.2        317.3         186.5      192.4       203.7        182.2     310.6       250.6         1,157.6          651.3
June................................   5,376.2    1,998.9      3,377.3        300.2         186.3      195.9       209.3        183.6     305.4       243.3         1,182.7          570.6
Sept................................   5,413.1    2,011.5      3,401.6        292.8         186.2      199.7       219.7        187.3     311.4       237.7         1,230.5          536.2
Dec.................................   5,502.4    2,087.8      3,414.6        300.3         186.5      204.1       216.9        176.6     321.5       239.3         1,241.6          527.9

1998:Mar................................   5,542.4    2,104.9      3,437.5        308.2         186.3      198.7       211.9        170.1     325.1       238.1         1,250.5          548.6
June................................   5,547.9    2,198.6      3,349.3        290.7         186.0      204.8       214.8        161.9     319.4       258.5         1,256.0          457.2
Sept................................   5,526.2    2,213.0      3,313.2        244.4         186.0      208.2       211.2        150.7     319.7       266.4         1,224.2          502.4
Dec.................................   5,614.2    2,280.2      3,334.0        237.3         186.7      218.1       216.6        144.5     343.2       269.3         1,278.7          439.6

1999:Mar................................   5,651.6    2,324.0      3,327.6        247.7         186.6      220.0       218.3        143.8     352.8       272.5         1,272.1          413.8
June................................   5,638.8    2,439.5      3,199.3        240.6         186.6      226.6       222.5        142.5     335.4       279.1         1,257.4          308.6
Sept................................   5,656.3    2,480.7      3,175.6        240.6         186.3      228.3       216.6        138.2     332.6       271.6         1,281.3          280.1

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\1\Face value.
\2\Federal Reserve holdings exclude Treasury securities held under repurchase agreements.
\3\Includes commercial banks, savings institutions, and credit unions.
\4\Current accrual value.
\5\Includes U.S. Treasury securities held by the Federal Employees Retirement System Thrift Savings Plan ``G Fund.''
\6\Includes money market mutual funds, mutual funds, and closed-end investment companies.
\7\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.
Estimates reflect the 1984 benchmark to December 1989, the 1989 benchmark to December 1994, and 1994 benchmark to date.
\8\Includes individuals, Government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and noncorporate businesses, and other investors.

Source: Department of the Treasury.