Newly issued Treasury securities held in stripped form increased about $2.094 billion in June to a total of $215.551 billion, the Bureau of the Public Debt reported Tuesday.
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Through the Separate Trading of Registered Interest and Principal of Securities program, STRIPS, about $10.560 billion of Treasury securities were reconstituted in June, down about $3.288 million from $13.848 billion in May.
Securities eligible for stripping totaled $11.058 trillion in June up about $140 billion from $10.918 trillion in May.
Some $10.842 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.
