MONTHLY STATEMENT OF THE PUBLIC DEBT OF THE UNITED STATES DECEMBER 31, 1998 (Details may not add to totals) TABLE I -- SUMMARY OF PUBLIC DEBT OUTSTANDING, DECEMBER 31, 1998 AND COMPARATIVE FIGURES FOR DECEMBER 31, 1997 (Amount in millions of dollars) DECEMBER 31, 1998 DECEMBER 31,1997 Title Average Amount Average Amount Interest Rate Outstanding Interest Rate Outstanding Interest-bearing Debt: Marketable: Treasury Bills....................................... 1 4.810 $690,986 1 5.463 $715,394 Treasury Notes....................................... 6.234 1,960,668 6.397 2,106,049 Treasury Bonds....................................... 8.645 621,166 8.823 587,335 Treasury Inflation-Indexed Notes..................... 3.641 50,595 3.616 33,039 Treasury Inflation-Indexed Bonds..................... 3.710 17,042 N/A N/A Federal Financing Bank 2............................. 8.917 15,000 8.917 15,000 Total Marketable....................................... 3 6.410 3,355,457 3 6.635 3,456,817 Nonmarketable: Domestic Series...................................... 7.932 29,995 7.931 29,995 Foreign Series....................................... 6.978 34,322 7.300 36,159 R.E.A. Series........................................ 5.000 1 5.000 1 State and Local Government Series.................... 5.769 165,287 6.234 124,081 United States Savings Securities..................... 6.363 180,326 6.407 181,209 Government Account Series............................ 6.873 1,840,012 7.312 1,666,650 Total Nonmarketable.................................... 6.752 2,249,944 7.164 2,038,096 Total Interest-bearing Debt.............................. 3 6.548 5,605,401 3 6.832 5,494,913 Noninterest-bearing Debt: Not Subject to the Statutory Debt Limit................ .......... 531 .......... 535 Subject to the Statutory Debt Limit.................... .......... 8,285 .......... 6,940 Total Noninterest-bearing Debt........................... .......... 8,816 .......... 7,475 Total Public Debt Outstanding............................ .......... 5,614,217 .......... 5,502,388 TABLE II -- STATUTORY DEBT LIMIT, DECEMBER 31, 1998 (Amount in millions of dollars) Public Debt Subject to Limit: Public Debt Outstanding............................................................................. $5,614,217 Less amounts not subject to limit: Noninterest-bearing Debt.......................................................................... 531 Unamortized Discount 4........................................................................... 69,208 Federal Financing Bank............................................................................ 15,000 Total Public Debt subject to limit.................................................................. 5,529,477 Other debt subject to limit: Guaranteed Debt of Government agencies............................................................ 198 Total Debt Subject to limit......................................................................... 5,529,676 Statutory Debt Limit 5............................................................................. 5,950,000 Balance of Statutory Debt Limit..................................................................... 420,324 Don't wait for the mail You can get this statement "FREE", as soon as it's released at 3:00 p.m. Eastern time on the 4th workday of each month, at www.publicdebt.treas.gov. COMPILED AND PUBLISHED BY THE BUREAU OF THE PUBLIC DEBT