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Public Debt Announces Activity For Securities In The STRIPS Program For December 1998

FOR IMMEDIATE RELEASE

January 7, 1999

The Bureau of the Public Debt announced activity figures for the month of December 1998, of securities within the Separate Trading of Registered Interest and Principal of Securities program (STRIPS).

In Thousands
Principal Outstanding (Eligible Securities) $1,597,643,863
Held in Unstripped Form $1,371,305,539
Held in Stripped Form $226,338,324
Reconstituted in December $10,676,037

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 VI of the Monthly Statement of the Public Debt, entitled “Holdings of Treasury Securities in Stripped Form.”

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