Newly issued Treasury securities held in stripped form increased about $4.841 billion in June to a total of $214.098 billion, the Bureau of the Public Debt reported Monday.
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Through the Separate Trading of Registered Interest and Principal of Securities program, STRIPS, about $14.679 billion of Treasury securities were reconstituted in June, down about $4.702 billion from $19.381 billion in May.
Securities eligible for stripping totaled $10.601 trillion in June up about $157 billion from $10.444 trillion in May.
Some $10.386 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.
