{name: STM0P087
pages:  USER ID  :     
 DATE: 2005-01-10 TIME: 19.07.06                                                                                         PAGE   1(1)
1                                                    FINANCIAL MANAGEMENT SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
                TABLE 6.  MEANS OF FINANCING THE DEFICIT OR DISPOSITION OF SURPLUS BY THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  12/04

                                                                          NET TRANS             NET TRANS             NET TRANS
  CLASSIFICATION                                                         THIS MONTH          FYTD THIS YEAR        FYTD PRIOR YEAR
+ _________________________________________________________________ _____________________ _____________________ _____________________

       ;CTOTAL LIABILITY ACCOUNTS                                                  10,490               107,917               123,688

  ;CASSET ACCOUNTS (DEDUCT)
    CASH AND MONETARY ASSETS:
      U.S. TREASURY OPERATING CASH:

        FEDERAL RESERVE ACCOUNT                                                     2,153                   -75                -1,501
        TAX AND LOAN NOTE ACCOUNTS                                                  4,504               -11,585                  -277

          ;ABALANCE                                                                 6,657               -11,660                -1,778

      SPECIAL DRAWING RIGHTS:

        TOTAL HOLDINGS                                                                150                   846                   575
        SDR CERTIFICATES ISSUED TO FEDERAL RESERVE BANKS                           ......                ......                ......

          ;ABALANCE                                                                   150                   846                   575

      RESERVE POSITION ON THE U.S. QUOTA IN THE IMF:
        U.S. SUBSCRIPTION TO INTERNATIONAL MONETARY FUND:

          DIRECT QUOTA PAYMENTS                                                    ......                ......                ......
          MAINTENANCE OF VALUE ADJUSTMENTS                                            443                 2,929                 2,087
        LETTER OF CREDIT ISSUED TO IMF                                               -747                  -985                -2,434
        DOLLAR DEPOSITS WITH THE IMF                                                   -6                    -5                   -16

        RECEIVABLE/PAYABLE (-) FOR INTERIM MAINTENANCE

         OF VALUE ADJUSTMENTS                                                        -293                -1,902                -1,184

          ;ABALANCE                                                                  -602                    36                -1,547

      LOANS TO INTERNATIONAL MONETARY FUND                                         ......                ......                ......
      OTHER CASH AND MONETARY ASSETS                                                 -184                   118                -4,080

        ;CTOTAL CASH AND MONETARY ASSETS                                            6,021               -10,660                -6,830

    ;CNON-FEDERAL SECURITIES OF THE NATIONAL RAILROAD

     RETIREMENT INVESTMENT TRUST                                                      937                 1,759                 1,647
    NET ACTIVITY, GUARANTEED LOAN FINANCING                                           285                -1,127                -1,259
    NET ACTIVITY, DIRECT LOAN FINANCING                                                98                -1,228                -1,193
    MISCELLANEOUS ASSET ACCOUNTS                                                     -255                   596                 1,166

       ;CTOTAL ASSET ACCOUNTS                                                       7,086               -10,661                -6,469
0}
{name: STM0P087
pages:  USER ID  :     
 DATE: 2005-01-10 TIME: 19.07.06                                                                                         PAGE   2(1)
1                                                    FINANCIAL MANAGEMENT SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
                TABLE 6.  MEANS OF FINANCING THE DEFICIT OR DISPOSITION OF SURPLUS BY THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  12/04

                                                                          NET TRANS             NET TRANS             NET TRANS
  CLASSIFICATION                                                         THIS MONTH          FYTD THIS YEAR        FYTD PRIOR YEAR
+ _________________________________________________________________ _____________________ _____________________ _____________________
  ;CEXCESS OF LIABILITIES (+) OR ASSETS (-)                                         3,405               118,578               130,157

  ;CTRANSACTIONS NOT APPLIED TO CURRENT YEAR'S SURPLUS

   OR DEFICIT (SEE SCHEDULE A FOR DETAILS)                                             30                    30                  (**)

  ;CTOTAL BUDGET AND OFF-BUDGET FEDERAL ENTITIES
   (FINANCING OF DEFICIT (+) OR DISPOSITION OF

    SURPLUS (-))                                                                    3,435               118,608               130,157
-
-
-
-
-
-
-
-
-
-
-
-
0}
{name: STM0P087
pages:  USER ID  :     
 DATE: 2005-01-10 TIME: 19.07.06                                                                                         PAGE   3(1)
1                                                    FINANCIAL MANAGEMENT SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
                TABLE 6.  MEANS OF FINANCING THE DEFICIT OR DISPOSITION OF SURPLUS BY THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  12/04

                                                                      ACCOUNT BALANCES      ACCOUNT BALANCES      ACCOUNT BALANCES
  CLASSIFICATION                                                      BEG. OF THIS YEAR    BEG. OF THIS MONTH    CLOSE OF THIS MONTH
+ _________________________________________________________________ _____________________ _____________________ _____________________
  LIABILITY ACCOUNTS:
    BORROWING FROM THE PUBLIC:
      TREASURY SECURITIES, ISSUED UNDER GENERAL
       FINANCING AUTHORITIES:

        DEBT HELD BY THE PUBLIC                                                 4,307,345             4,407,907             4,408,389
        INTRAGOVERNMENTAL HOLDINGS                                              3,071,708             3,117,303             3,187,753

          ;BTOTAL TREASURY SECURITIES OUTSTANDING                               7,379,053             7,525,210             7,596,144

            ;CPLUS PREMIUM ON TREASURY SECURITIES                                   4,038                 3,987                 4,005
            LESS DISCOUNT ON TREASURY SECURITIES                                   55,257                55,822                56,135

              ;CTOTAL TREASURY SECURITIES NET OF

               PREMIUM AND DISCOUNT                                             7,327,834             7,473,374             7,544,013

      ;CAGENCY SECURITIES, ISSUED UNDER SPECIAL FINANCING
       AUTHORITIES (SEE SCHEDULE B. FOR OTHER AGENCY

        BORROWING, SEE SCHEDULE C)                                                 24,183                24,164                24,261

        ;CTOTAL FEDERAL SECURITIES                                              7,352,017             7,497,539             7,568,274

          ;CDEDUCT:
            FEDERAL SECURITIES HELD AS INVESTMENTS

             OF GOVERNMENT ACCOUNTS (SEE SCHEDULE D)                            3,075,703             3,118,943             3,189,090

              LESS DISCOUNT ON FEDERAL SECURITIES HELD AS

               INVESTMENTS OF GOVERNMENT ACCOUNTS                                  16,596                16,697                16,493

                ;BNET FEDERAL SECURITIES HELD AS INVESTMENTS

                 OF GOVERNMENT ACCOUNTS                                         3,059,107             3,102,245             3,172,597
                  ;CTOTAL BORROWING FROM THE PUBLIC                             4,292,910             4,395,293             4,395,676

    ;CACCRUED INTEREST PAYABLE TO THE PUBLIC                                       32,734                25,508                34,213
    ALLOCATIONS OF SPECIAL DRAWING RIGHTS                                           7,197                 7,525                 7,609
    DEPOSIT FUNDS                                                                  12,851                13,683                15,626

    MISCELLANEOUS LIABILITY ACCOUNTS (INCLUDES CHECKS

     OUTSTANDING ETC.)                                                              8,812                 9,921                 9,298
-}
{name: STM0P087
pages:  USER ID  :     
 DATE: 2005-01-10 TIME: 19.07.06                                                                                         PAGE   1(2)
1                                                    FINANCIAL MANAGEMENT SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
                TABLE 6.  MEANS OF FINANCING THE DEFICIT OR DISPOSITION OF SURPLUS BY THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  12/04

                                                                      ACCOUNT BALANCES      ACCOUNT BALANCES      ACCOUNT BALANCES
  CLASSIFICATION                                                      BEG. OF THIS YEAR    BEG. OF THIS MONTH    CLOSE OF THIS MONTH
+ _________________________________________________________________ _____________________ _____________________ _____________________

       ;CTOTAL LIABILITY ACCOUNTS                                               4,354,504             4,451,931             4,462,421

  ;CASSET ACCOUNTS (DEDUCT)
    CASH AND MONETARY ASSETS:
      U.S. TREASURY OPERATING CASH:

        FEDERAL RESERVE ACCOUNT                                                     5,987                 3,759                 5,912
        TAX AND LOAN NOTE ACCOUNTS                                                 30,362                14,274                18,777

          ;ABALANCE                                                                36,349                18,033                24,690

      SPECIAL DRAWING RIGHTS:

        TOTAL HOLDINGS                                                             12,782                13,477                13,628
        SDR CERTIFICATES ISSUED TO FEDERAL RESERVE BANKS                           -2,200                -2,200                -2,200

          ;ABALANCE                                                                10,582                11,277                11,428

      RESERVE POSITION ON THE U.S. QUOTA IN THE IMF:
        U.S. SUBSCRIPTION TO INTERNATIONAL MONETARY FUND:

          DIRECT QUOTA PAYMENTS                                                    46,525                46,525                46,525
          MAINTENANCE OF VALUE ADJUSTMENTS                                          8,047                10,533                10,976
        LETTER OF CREDIT ISSUED TO IMF                                            -34,600               -34,838               -35,585
        DOLLAR DEPOSITS WITH THE IMF                                                 -135                  -135                  -140

        RECEIVABLE/PAYABLE (-) FOR INTERIM MAINTENANCE

         OF VALUE ADJUSTMENTS                                                        -395                -2,005                -2,298

          ;ABALANCE                                                                19,442                20,080                19,478

      LOANS TO INTERNATIONAL MONETARY FUND                                         ......                ......                ......
      OTHER CASH AND MONETARY ASSETS                                               20,875                21,176                20,992

        ;CTOTAL CASH AND MONETARY ASSETS                                           87,248                70,567                76,588

    ;CNON-FEDERAL SECURITIES OF THE NATIONAL RAILROAD

     RETIREMENT INVESTMENT TRUST                                                   24,079                24,901                25,838
    NET ACTIVITY, GUARANTEED LOAN FINANCING                                       -25,001               -26,414               -26,129
    NET ACTIVITY, DIRECT LOAN FINANCING                                           150,657               149,332               149,429
    MISCELLANEOUS ASSET ACCOUNTS                                                      456                 1,307                 1,052

       ;CTOTAL ASSET ACCOUNTS                                                     237,439               219,693               226,779
0}
{name: STM0P087
pages:  USER ID  :     
 DATE: 2005-01-10 TIME: 19.07.06                                                                                         PAGE   2(2)
1                                                    FINANCIAL MANAGEMENT SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
                TABLE 6.  MEANS OF FINANCING THE DEFICIT OR DISPOSITION OF SURPLUS BY THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  12/04

                                                                      ACCOUNT BALANCES      ACCOUNT BALANCES      ACCOUNT BALANCES
  CLASSIFICATION                                                      BEG. OF THIS YEAR    BEG. OF THIS MONTH    CLOSE OF THIS MONTH
+ _________________________________________________________________ _____________________ _____________________ _____________________
  ;CEXCESS OF LIABILITIES (+) OR ASSETS (-)                                     4,117,065             4,232,238             4,235,643

  ;CTRANSACTIONS NOT APPLIED TO CURRENT YEAR'S SURPLUS

   OR DEFICIT (SEE SCHEDULE A FOR DETAILS)                                         ......                  (**)                    30

  ;CTOTAL BUDGET AND OFF-BUDGET FEDERAL ENTITIES
   (FINANCING OF DEFICIT (+) OR DISPOSITION OF

    SURPLUS (-))                                                                4,117,065             4,232,238             4,235,673
-
-
-
-
-
-
-
-
-
-
-
-
0}
{name: STM0P087
pages:  USER ID  :     
 DATE: 2005-01-10 TIME: 19.07.06                                                                                         PAGE   3(2)
1                                                    FINANCIAL MANAGEMENT SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
                TABLE 6. SCHEDULE A - ANALYSIS OF CHANGE IN EXCESS OF LIABILITIES OF THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  12/04

                                                                                           FISCAL YEAR TO DATE   FISCAL YEAR TO DATE
  CLASSIFICATION                                                          THIS MONTH            THIS YEAR             PRIOR YEAR
+ _________________________________________________________________ _____________________ _____________________ _____________________
  EXCESS OF LIABILITIES BEGINNING OF PERIOD:
    BASED ON COMPOSITION OF UNIFIED BUDGET IN

     PRECEDING PERIOD                                                           4,232,237             4,117,208             3,702,517

      ADJUSTMENTS DURING CURRENT FISCAL YEAR FOR
       CHANGES IN COMPOSITION OF UNIFIED BUDGET:

  -                                                                                ......                ......                ......
        REVISIONS BY FEDERAL AGENCIES TO THE PRIOR BUDGET RESULTS                       1                  -143                 2,924
  -                                                                                ......                ......                ......
  -                                                                                ......                ......                ......
  EXCESS OF LIABILITIES BEGINNING OF PERIOD (CURRENT BASIS)                     4,232,238             4,117,065             3,705,441

  ;CBUDGET SURPLUS (-) OR DEFICIT:

        BASED ON COMPOSITION OF UNIFIED BUDGET IN PRIOR FISCAL YR                   3,435               118,608               130,157

        CHANGES IN COMPOSITION OF UNIFIED BUDGET                                   ......                ......                ......

  TOTAL SURPLUS (-) OR DEFICIT (TABLE 2)                                            3,435               118,608               130,157
    ;CTOTAL-ON-BUDGET (TABLE 2)                                                    49,676               171,564               179,756
    ;CTOTAL-OFF-BUDGET (TABLE 2)                                                  -46,241               -52,956               -49,600

  ;CTRANSACTIONS NOT APPLIED TO CURRENT YEAR'S SURPLUS OR DEFICIT:

    SEIGNIORAGE                                                                       -30                   -30                ......
    PREMIUM/DISCOUNT ON BUYBACK OF U.S. TREASURY SECURITIES                        ......                ......                ......
    PROFIT ON SALE OF GOLD                                                         ......                ......                ......
    RECLASSIFICATION OF AGED UNRECONCILED ACCOUNTS                                 ......                  (**)                  (**)
    OTHER                                                                          ......                ......                ......

      ;BTOTAL-TRANSACTIONS NOT APPLIED TO CURRENT YEAR'S

       SURPLUS OR DEFICIT                                                             -30                   -30                  (**)
  ;CEXCESS OF LIABILITIES CLOSE OF PERIOD                                       4,235,643             4,235,643             3,835,598
-
-
-
-}