[Economic Report of the President (2002)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] Table B-89.--Estimated ownership of U.S. Treasury securities, 1989-2001 [Billions of dollars] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Held by private investors ------------------------------------------------------------------------------------------------------------------------- Total Federal Pension funds End of month public Reserve and Total U.S. ------------------------- State and Foreign debt \1\ Government privately Depository savings State and Insurance Mutual local and inter- Other accounts held institutions bonds Private local companies funds governments nation- investors \2\ \3\ \4\ \5\ governments \6\ al \7\ \8\ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1989: Mar..................................... 2,740.9 837.5 1,903.4 239.0 112.2 107.7 127.3 119.6 118.5 355.9 373.5 349.7 June.................................... 2,799.9 890.8 1,909.1 218.2 114.0 113.4 127.9 120.6 116.5 358.6 366.4 373.6 Sept.................................... 2,857.4 899.1 1,958.3 205.4 115.7 119.5 129.4 121.2 120.4 359.8 391.8 395.1 Dec..................................... 2,953.0 935.6 2,017.4 204.2 117.7 127.3 128.6 123.9 124.9 369.1 426.1 395.6 1990: Mar..................................... 3,052.0 935.4 2,116.6 218.8 119.9 116.6 139.0 132.3 142.7 401.1 445.4 400.8 June.................................... 3,143.8 1,003.8 2,140.0 214.2 121.9 122.6 144.6 133.7 141.2 405.0 451.0 405.7 Sept.................................... 3,233.3 1,026.0 2,207.3 214.8 123.9 126.5 146.4 136.4 147.6 407.3 463.8 440.7 Dec..................................... 3,364.8 1,059.5 2,305.3 206.5 126.2 129.7 144.5 138.2 162.8 410.6 487.1 499.8 1991: Mar..................................... 3,465.2 1,104.6 2,360.6 222.5 129.7 122.9 153.4 147.2 186.1 415.6 492.0 491.2 June.................................... 3,538.0 1,139.1 2,398.9 231.5 133.2 122.8 155.0 156.8 180.1 416.8 502.0 500.7 Sept.................................... 3,665.3 1,166.9 2,498.4 251.7 135.4 126.2 140.2 171.4 199.5 430.2 506.3 537.6 Dec..................................... 3,801.7 1,223.2 2,578.5 271.5 138.1 126.9 141.7 181.8 221.8 435.5 520.9 540.3 1992: Mar..................................... 3,881.3 1,215.5 2,665.8 300.5 142.0 116.9 140.7 188.4 227.9 460.0 536.4 553.0 June.................................... 3,984.7 1,272.3 2,712.4 315.1 145.4 116.7 146.7 192.8 235.2 435.6 558.2 566.7 Sept.................................... 4,064.6 1,282.4 2,782.2 337.1 150.3 120.0 166.4 194.8 245.1 429.3 562.8 576.5 Dec..................................... 4,177.0 1,329.7 2,847.3 348.3 157.3 121.1 172.3 197.5 259.5 418.2 576.7 596.4 1993: Mar..................................... 4,230.6 1,328.6 2,902.0 362.6 163.6 112.1 171.2 208.0 261.5 434.0 585.9 603.2 June.................................... 4,352.0 1,400.6 2,951.4 361.0 166.5 111.6 176.9 217.8 269.2 441.2 596.8 610.4 Sept.................................... 4,411.5 1,422.2 2,989.3 366.2 169.1 125.1 188.7 229.4 283.9 434.0 619.1 573.9 Dec..................................... 4,535.7 1,476.1 3,059.6 373.0 171.9 119.3 186.3 234.5 294.0 447.8 650.3 582.5 1994: Mar..................................... 4,575.9 1,476.0 3,099.9 397.4 175.0 119.6 195.0 233.4 278.0 443.4 661.1 597.0 June.................................... 4,645.8 1,547.5 3,098.3 383.9 177.1 128.9 193.4 238.1 271.6 425.2 659.9 620.3 Sept.................................... 4,692.8 1,562.8 3,130.0 364.0 178.6 135.9 191.9 243.7 265.3 398.2 682.0 670.4 Dec..................................... 4,800.2 1,622.6 3,177.6 339.6 180.5 139.4 192.1 240.1 273.0 370.0 667.3 775.6 1995: Mar..................................... 4,864.1 1,619.3 3,244.8 352.9 181.4 141.1 203.1 244.2 273.1 350.5 707.0 791.6 June.................................... 4,951.4 1,690.1 3,261.3 340.0 182.6 142.0 197.2 245.0 263.9 313.7 762.5 814.6 Sept.................................... 4,974.0 1,688.0 3,286.0 330.8 183.5 141.4 193.0 245.2 272.6 304.3 820.4 794.8 Dec..................................... 4,988.7 1,681.0 3,307.7 315.4 185.0 142.0 191.7 241.5 286.5 289.8 835.2 820.6 1996: Mar..................................... 5,117.8 1,731.1 3,386.7 322.1 185.8 143.7 198.9 239.4 310.4 283.6 908.1 794.7 June.................................... 5,161.1 1,806.7 3,354.4 318.7 186.5 143.9 208.2 229.5 306.5 283.3 929.7 748.1 Sept.................................... 5,224.8 1,831.6 3,393.2 310.9 186.8 140.5 202.4 226.8 308.4 263.8 993.4 760.2 Dec..................................... 5,323.2 1,892.0 3,431.2 296.6 187.0 139.3 203.5 214.1 315.8 257.0 1,102.1 715.8 1997: Mar..................................... 5,380.9 1,928.7 3,452.2 317.3 186.5 140.6 203.7 182.2 310.6 250.6 1,157.6 703.1 June.................................... 5,376.2 1,998.9 3,377.3 300.2 186.3 141.0 209.3 183.6 305.4 243.3 1,182.7 625.5 Sept.................................... 5,413.1 2,011.5 3,401.6 292.8 186.2 141.6 219.7 187.3 311.4 237.7 1,230.5 594.3 Dec..................................... 5,502.4 2,087.8 3,414.6 300.3 186.5 142.5 216.9 176.6 321.5 239.3 1,241.6 589.5 1998: Mar..................................... 5,542.4 2,104.9 3,437.5 308.2 186.3 142.8 211.9 169.4 325.1 238.1 1,250.5 605.2 June.................................... 5,547.9 2,198.6 3,349.3 290.7 186.0 145.2 214.8 160.6 319.4 258.5 1,256.0 518.1 Sept.................................... 5,526.2 2,213.0 3,313.2 244.4 186.0 150.6 211.2 151.3 319.7 266.4 1,224.2 559.4 Dec..................................... 5,614.2 2,280.2 3,334.0 237.3 186.7 139.1 217.7 144.5 343.2 269.3 1,278.7 517.5 1999: Mar..................................... 5,651.6 2,324.1 3,327.5 246.5 186.5 140.0 218.4 140.3 351.7 272.5 1,272.3 499.3 June.................................... 5,638.8 2,439.6 3,199.2 240.6 186.5 139.5 222.5 136.3 334.9 279.1 1,258.8 401.0 Sept.................................... 5,656.3 2,480.9 3,175.4 239.9 186.2 139.0 217.3 130.6 338.3 271.6 1,281.4 371.1 Dec..................................... 5,776.1 2,542.2 3,233.9 246.4 186.4 138.5 211.2 123.4 348.4 266.8 1,268.7 444.1 2000: Mar..................................... 5,773.4 2,590.6 3,182.8 234.9 185.3 137.8 211.1 120.0 339.8 257.2 1,273.9 422.8 June.................................... 5,685.9 2,698.6 2,987.4 219.3 184.6 139.6 210.5 116.5 322.7 256.4 1,249.1 288.7 Sept.................................... 5,674.2 2,737.9 2,936.2 218.3 184.3 139.7 200.7 113.8 324.4 241.9 1,224.9 288.2 Dec..................................... 5,662.2 2,781.8 2,880.4 198.9 184.8 137.7 195.7 110.2 338.7 236.2 1,201.3 276.9 2001: Mar..................................... 5,773.7 2,880.9 2,892.9 187.2 184.8 131.2 195.3 101.9 348.8 224.0 1,196.1 323.6 June.................................... 5,726.8 3,004.2 2,722.6 192.2 185.5 129.2 191.0 92.9 352.4 216.5 1,167.1 195.8 Sept.................................... 5,807.5 3,027.8 2,779.7 ............... 186.5 .......... ........... ......... ........ ........... 1,170.0 ............ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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 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 the 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.