Newly issued Treasury securities held in stripped form decreased about $1.891 billion in February to a total of $210.120 billion, the Bureau of the Public Debt reported Thursday.
Through the Separate Trading of Registered Interest and Principal of Securities program, STRIPS, about $19.305 billion of Treasury securities were reconstituted in February, up about $1.106 billion from $18.199 billion in January.
Securities eligible for stripping totaled $10.814 trillion in February off about $1 billion from $10.815 trillion in January.
Some $10.603 trillion were held in unstripped form.
The STRIPS program allows investors to hold and trade the individual interest and principal components of eligible Treasury notes and bonds as separate securities.
