$Bil.

70

60

50

40

30

20

10

0

TREASURY FINANCING REQUIREMENTS

July-September 1984J/

Increase

in Cash

Balance

Uses

Coupon

Maturities

4Cash Deficit

Sources

WCoupon Refunding

~JJ^ %_

State & Savings

Local Bonds

& Other

Net Market ^i

Borrowing w\

J/ Includes the 2 and 4 year notes which settled July 2, 1984;

excludes the 2 year note which settled October 1, 1984.

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

$Bil.

70

60

50

40

30

20

10

.0

October 30, 1984-14
$Bil.

120

100

80

60

40

20

0

TREASURY FINANCING REQUIREMENTS

October — December 1984 u

Uses

Coupon Maturities ^

Foreign

Nonmarketables

1%

4 Cash Deficit *

1173/4 Sources

4 Coupon Refunding

Savings

Bonds state &Loca|

% 2V4

Net Market

Borrowing \

55

Decrease in Cash Balance47^

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

1/Includes the 2 year note which settled October 1, 1984.

_2/lncludes $6.1 billion public housing notes financed by Treasury.

3 Issued or announced through October 26, 1984.

4/Assumes $15 billion cash balance December 31, 1984.

$Bil.

120

100

80

60

40

20

0

October 30, 1984-15
$Bil

—10

—30

TREASURY OPERATING CASH BALANCE

Semi-Monthly

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

1983 1984

AJ Assumes refunding of maturing issues Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis October 30, 1984-16
$Bil.

60

50

40

30

20

-20

TREASURY NET MARKET BORROWING^

COUPONS

•Over 10 yrs

^0-10 yrs.

BILLS

I II III IV

1980

III IV I II III IV I II III IV

1981 1982 1983

-!/ Excludes Federal Reserve and Government Account Transactions.

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

$Bil.

1984

October 30, 1984-13
TREASURY NET BORROWING FROM NONMARKETABLE ISSUES

I II III IV

1980

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

III IV

1981

I II III IV

1982

e estimate

I II III IV

1983

I II III IVe

1984

October 30, 1984-17
$Bil.

10

-5

QUARTERLY CHANGES IN FOREIGN AND INTERNATIONAL

HOLDINGS OF PUBLIC DEBT SECURITIES

Nonmarketable

II III IV

1980

Marketable

m Add-ons^

• Other Transactions

II III IV

1981

II III IV

1982

I II III IV

1983

J/ F.R.B. purchases of marketable issues as agents for foreign and international

monetary authorities which are added to the announced amount of the issue.

2/ Partly estimated.

* Less than $50 million.

10.5

I II lll^

1984

$Bil.

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis October 30, 1984-18
$Mil

1500

1000-

500

Years to Maturity

Issue Date

ACCEPTED FOREIGN TENDERS IN TREASURY

NOTE AND BOND AUCTIONS

January — October 1984

10 30

May

* First issue exempt from 30% foreign withholding tax.

U F.R.B. purchases as agents for foreign official institutions. Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

$Mil.

1500

1000

500

October 30, 1984-19
%

20

18

16

14

12

10

8

Federal

FundSi

•VJFCommercial

\ / Paper

V

1980

SHORT TERM INTEREST RATES

Monthly Averages

••••

1981 1982 1983

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

Through

October 26

1984

%

20

18

16

14

12

10

8

6

October 30, 1984-8
%

13

12

11

Prime Rate

SHORT TERM INTEREST RATES

Weekly Averages

Commercial

Paper

•••••^-W

3 Month Treasury Bill

Federal Funds

Through

week ending

October 24

1

Kl

%

13

12

11

10

Jan Feb Mar Apr May Jun

1984

Jul Aug Sep Oct

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis October 30, 1984-7
%

19

17

K

LONG MARKET RATES

Monthly Averages

New Conventional

Mortgages

wew Aa / / *v***\ Corporates/" / \ /'% ,A

NewAa ,//'\

A

Through

October 26

%

19

-17

15

13

Treasury 20-Year,,... 11

5ll I I I I I I I I I I I I I I I 1 I I I I I 1 I I M I I I I I I I

1980

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

1981 1982

I I I I I I I I I I I

1983 1984

October 30, 1964-9
%

14

13

12

11

10

INTERMEDIATE AND LONG MARKET RATES

Weekly Averages

New Aa y Treasury Corporates y

».---^

Feb Mar Apr May Jun

1984

Through week ending

October 26

Municipal Bonds

20-Year

Jul Aug Sept Oct

%

14

13

12

11

10

Officeof the Secretaryof the Treasury

Officeof Government Financa &Market Analytit October 30. 1984-10
MARKET YIELDS ON GOVERNMENTS

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

Bid Yields

4 5 6

Years to Maturity

October 30, 1984-22
PRIVATE HOLDINGS OF TREASURY MARKETABLE DEBT

BY MATURITY

1973 1974 1975 1976

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

1977 1978 1979 1980 1981

As of December 31

1982 1983

October 30, 1984-3
PRIVATE HOLDINGS OF TREASURY MARKETABLE DEBT

BY MATURITY

Coupons gjover 10 yrs

1! 2-10 yrs

1-2 yrs Bills

1 yr & under

100%

90

80

70

60

50

40

30

20

10

0

1973 1974 1975 1976 1977 1978 1979 1980 1981 1982

As of December 31

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

11

1983 Sep'84

Octobtr 30, 1984-2
AVERAGE LENGTH OF THE MARKETABLE DEBT

Privately Held

1945 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 11 79 81 83

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis October 30, 1984-1
MATURING COUPON ISSUES

November 1984 — March 1985

(In millions of dollars)

Maturing Issues

September 30,1984

Total

Held By

Federal Reserve

& Government

Accounts

Private

Investors

Foreign

Investors!/

16% Note 11/15/84

14 3/8% Note 11/15/84

9 7/8% Note 11/30/84

14% Note 12/31/84

9 3/8% Note 12/31/84

9 1/4% Note 1/31/85

8% Note 2/15/85

14 5/8% Note 2/15/85

9 5/8% Note 2/28/85

13 3/8% Note 3/31/85

9 5/8% Note 3/31/85

5,780

6,213

7,571

3,620

8,009

8,298

4,203

5,888

8,434

3,786

9,170

1,417

1,397

548

309

606

625

1,448

495

645

400

612

4,363

4,816

7,023

3,311

7,403

7,673

2,755

5,393

7,789

3,386

8,558

942

848

649

401

351

616

1,300

598

691

728

Total 70,972 8,502 62,470 7,124

2J F.R.B. custody accounts for foreign official institutions;

included in Private Investors.

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis October 30, 1984-6
$Bil.

12

10

8

6

4

2

0

14

12

10

8

6

4

2

0

TREASURY MARKETABLE MATURITIES

Privately Held, Excluding Bills and Exchange Notes

$Bil.

8 —

1984 i

10.7

—

9.2 EH

_

•i 1 -

li I

-2.7

5.0 6.1

I 2.8

3.3

2

8.3

8.2

1988

1989

4.6

19904.9

5.8

3.4 P

I 1

6.3

2.6

5.4 19911 55

1.7

8.7

4.7

2.9

5.5

1992

1993

1994

2.3

2.1

7.6

1

7.3

I I 1 3.2

4.2

10.4

5.0 5.1

I tm5.7

2.3

4.1

12.1

I

1.5

JJASOND "JFMAMJJASOND

* Includes $1.0 billion of foreign-targeted issues.

^B Securities issued prior to 1982 SS2S New issues calendar year 1983

822 New issues calendar year 1982 HH Issued or announced through October 26, 1984

F M A M

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis October 30, 1964-4
$Bil. —

2 -

ol—-

1.6

2.2

1.5

1.7

E3

3.0

2.7

TREASURY MARKETABLE MATURITIES

Privately Held, Excluding Bills and Exchange Notes

$Bil. 2.6 1995 1.4

1996

1997

1998

1999

2000 2.5

1.7 2001 2.4 1.6

2002 2.7

2003

3.2 3.5

I 3.7 2004 40 4.0

2.1 2005

2006

2007 1.2

2 -

0

4

2

0

4

2

0

10

8

6

4

2

0

12

10

8

6

4

2

0

6

4

2

0

1.8

3.9

1.9

3.7

I

4.8

2008

2009

2010

2011

2012

2013

2014

1.4

12.6

4.8

3.6

3.4

4.1

I4.4

10.3

|

J F M A M J JASON D

^M Securities issued prior to 1982

Office of the Secretary of the Treasury w*m

Office ofGovernment Finance &Market Analysis QQ9 NeW iSSUeS Calendar year 1 982

JFMAMJJASOND

'CZ4 New issues calendar year 1983

ffil Issued or announced through October 26, 1984 o«ober 30,1984-5
$Bil.

2

0

—2

16

14

12

10

8

6

4

2

0

NET NEW MONEY IN AGENCY FINANCE, QUARTERLY

Privately Held

I FCA

•••!lll

FHLB^

•.I

I

III

GNMA

Mortgage-Backed

Securities

llllin.ml I II III IV I II III IV I II III IV II III IV I II llleIV

12

10

8

6

4

2

0

I II III IV I II III IV I II III IV I II III IV I II IlieiV

1980 1981 1982 1983 1984 1980 1981 1982 1983 1984

*Less than $50 million. e Partly estimated.

1/ Includes FHLB discount notes, bonds, and FHLMC discount notes, debentures

certificates, mortgage-backed bonds, and mortgage participation certificates. Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis October 30, 1984-12
AGENCY MATURITIES^

Privately Held

$Bil

r 1988

6.4

1989

_ 3.3

• 2-0 • 1.9

llll

1990

2.3

• ••1

1991

..!• IV I II III IV I II III IV I II III IV

6L 1992

4

2

Jh 1996

2 -

1.4 1.3

Am .3 •

.1

2000

2004

2008

2 -

1993

3.2

ll..

1997

1.1

3 .2

2001

.1

2005

.1 .1

2009

•3 .2

1994

1.0 6 .3

1998

.1 .2 .2 .1

2002

.2

2006

.1 .1

2010

1995

1999

2003

.1

2007

.2 .1

2011

2012

.4

2013

.4 .4 .2

2014

.2 -3 4

2015

- 2016 2017 2018 2019

I II III IV I II III IV I II IV I II III IV

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

Calendar Years Quarterly

w Securities issued through September 30, 1984.

* Less than $50 million. October 30, 1984-11
SCHEDULE OF ISSUES TO BE ANNOUNCED

AND AUCTIONED IN NOVEMBER 1984^

Monday Tuesday Wednesday Thursday Friday

1 2

5 6

Partial

Holiday

Auction

3 Year &

8

Auction

10 Year -2/

9

12

Holiday

13

Auction

30 Year-2/

14

Announce

2 year

15 16

Announce

52 week

19 20

Announce

5 Year

21

Auction

2 year-^

22

Holiday

23

26 27

Auction

52 Weeki/

28

Auction

5 Year-5/

29 30

Office of the Secretory of the Treasury

Office of Government Finance & Market Analysis

-^Does not include weekly bills

-*/For settlement November 15

-2/For settlement November 30

-4/For settlement November 29

-5/For settlement in early December October 30. 198420
SCHEDULE OF ISSUES TO BE ANNOUNCED

AND AUCTIONED IN DECEMBER 1984^

Monday Tuesday Wednesday Thursday Friday

3 4 5 6 7

10 11 12

Announce

2 Year

13 14

Announce

52 Week

17 18 Announce

4 year

7 year

20 yeari/

19

Auction

2 year-*/

20

Auction

52 Weeki/

21

24 25

Holiday

26

Auction

4 year-2/

27

Auction

7 year ±/

28

31

Office of the Secretary of the Treasury

Office of Government Finance & Market Analysis

J/ Does not include weekly bills

.2/For auction and settlement in early January

.2/For settlement December 31

i/For settlement December 27

J5/For settlement in early January

October 30, 1984-21