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Public Debt Announces Activity for Securities In The STRIPS Program For December 2002

FOR IMMEDIATE RELEASE

January 7, 2003

The Bureau of the Public Debt announced activity for the month of December 2002, of securities within the Separate Trading of Registered Interest and Principal of Securities program (STRIPS).

In Thousands
Principal Outstanding (Eligible Securities) $2,227,572,302
Held in Unstripped Form $2,058,293,884
Held in Stripped Form $169,278,418
Reconstituted in December $11,549,149

The accompanying table, gives a breakdown of STRIPS activity by individual loan description. The balances in this table are subject to audit and subsequent revision. These monthly figures are included in Table V of the Monthly Statement of the Public Debt, entitled “Holdings of Treasury Securities in Stripped Form.”

The STRIPS table, along with the new Monthly Statement of the Public Debt, available on Public Debt's Internet site at: www.treasurydirect.gov. A wide range of information about the public debt and Treasury securities is also available at the site.