Newly issued Treasury securities held in stripped form increased about $2.379 billion in January to a total of $207.035 billion, the Bureau of the Public Debt reported Thursday.
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Through the Separate Trading of Registered Interest and Principal of Securities program, STRIPS, about $16.307 billion of Treasury securities were reconstituted in January, down about $4.701 billion from $21.008 billion in December.
Securities eligible for stripping totaled $10.309 trillion in January up about $47 billion from $10.262 trillion in December.
Some $10.102 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.
