To: Scumbria who wrote (142510 ) 5/4/2001 12:55:28 PM From: d[-_-]b Respond to of 769670 bondmarkets.com The Bond Market Association Estimated Ownership of U.S. Public Debt Securities(1) 1982 - 2000:Q4* Mutual Funds/ Banking Insurance U.S. Monetary State & Local Foreign & Pension Individuals(2) Trusts(3) Institutions(4) Companies Authority Gov'ts(5) International Funds(6) Other(7) Total % of % of % of % of % of % of % of % of % of Holdings Amount Total Amount Total Amount Total Amount Total Amount Total Amount Total Amount Total Amount Total Amount Total 1982 886.1 101.0 11.4% 64.7 7.3% 161.1 18.2% 30.6 3.5% 135.6 15.3% 102.7 11.6% 150.7 17.0% 112.1 12.7% 27.6 3.1% 1983 1,056.7 141.7 13.4% 47.0 4.4% 213.6 20.2% 46.0 4.4% 150.6 14.3% 114.1 10.8% 163.6 15.5% 142.2 13.5% 37.9 3.6% 1984 1,244.8 178.9 14.4% 59.3 4.8% 237.0 19.0% 64.5 5.2% 159.2 12.8% 124.6 10.0% 200.3 16.1% 176.3 14.2% 44.7 3.6% 1985 1,444.3 171.2 11.9% 101.2 7.0% 226.1 15.7% 80.5 5.6% 177.8 12.3% 195.9 13.6% 226.4 15.7% 211.5 14.6% 53.7 3.7% 1986 1,606.4 144.4 9.0% 149.3 9.3% 247.8 15.4% 101.6 6.3% 197.6 12.3% 213.3 13.3% 269.4 16.8% 215.6 13.4% 67.4 4.2% 1987 1,714.5 174.1 10.2% 149.1 8.7% 236.4 13.8% 108.1 6.3% 222.6 13.0% 228.6 13.3% 296.3 17.3% 236.7 13.8% 62.6 3.7% 1988 1,825.2 257.5 14.1% 150.0 8.2% 187.2 10.3% 118.6 6.5% 233.7 12.8% 216.7 11.9% 353.8 19.4% 243.2 13.3% 64.5 3.5% 1989 1,950.5 244.3 12.5% 159.2 8.2% 225.7 11.6% 123.9 6.4% 226.8 11.6% 210.5 10.8% 423.7 21.7% 260.1 13.3% 76.3 3.9% 1990 2,178.4 335.4 15.4% 202.0 9.3% 213.8 9.8% 138.2 6.3% 235.1 10.8% 249.4 11.4% 438.4 20.1% 281.7 12.9% 84.4 3.9% 1991 2,461.6 343.8 14.0% 262.7 10.7% 277.3 11.3% 181.8 7.4% 266.5 10.8% 277.4 11.3% 476.3 19.3% 279.4 11.4% 96.4 3.9% 1992 2,746.5 393.0 14.3% 299.6 10.9% 340.6 12.4% 197.5 7.2% 295.0 10.7% 260.6 9.5% 520.3 18.9% 307.6 11.2% 132.3 4.8% 1993 2,988.5 413.1 13.8% 334.4 11.2% 344.7 11.5% 234.5 7.8% 332.0 11.1% 298.4 10.0% 594.6 19.9% 323.1 10.8% 113.7 3.8% 1994 3,148.2 602.0 19.1% 312.8 9.9% 296.9 9.4% 240.1 7.6% 364.5 11.6% 232.6 7.4% 632.6 20.1% 350.0 11.1% 116.7 3.7% 1995 3,310.1 514.9 15.6% 325.2 9.8% 333.7 10.1% 241.5 7.3% 378.2 11.4% 176.4 5.3% 841.3 25.4% 368.2 11.1% 130.7 3.9% 1996 3,472.6 500.9 14.4% 355.3 10.2% 283.8 8.2% 214.1 6.2% 390.9 11.3% 161.3 4.6% 1,093.3 31.5% 392.7 11.3% 80.3 2.3% 1997 3,541.4 417.0 11.8% 355.2 10.0% 295.0 8.3% 176.6 5.0% 430.7 12.2% 127.4 3.6% 1,252.0 35.4% 421.0 11.9% 66.5 1.9% 1998 3,430.5 286.0 8.3% 374.0 10.9% 253.1 7.4% 144.5 4.2% 452.1 13.2% 104.9 3.1% 1,316.3 38.4% 435.8 12.7% 63.8 1.9% 1999 3,375.5 329.6 9.8% 375.6 11.1% 202.8 6.0% 140.0 4.1% 478.0 14.2% 98.7 2.9% 1,238.9 36.7% 445.5 13.2% 66.4 2.0% 2000:Q43,022.3 121.7 4.0% 370.1 12.2% 196.9 6.5% 119.5 4.0% 511.7 16.9% 95.2 3.1% 1,175.3 38.9% 375.8 12.8% 56.1 1.9%