Newly issued Treasury securities held in stripped form decreased $2.986 billion in October to a total of $197.168 billion, the Bureau of the Public Debt reported Friday.

Through the Separate Trading of Registered Interest and Principal of Securities program, $29.305 billion of Treasury securities were reconstituted in October, up $3.324 billion from in September.

Securities eligible for stripping totaled $8.256 trillion in October, up $117 billion from September. Some $8.058 trillion were held in unstripped form.

The program allows investors to hold and trade the individual interest and principal components of eligible Treasury notes and bonds as separate securities.

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