Treasury reports $633.7 billion held in stripped form in October

The Bureau of the Fiscal Service reported $633.7 billion of Treasury securities held in stripped form at the end of October, out of $23.889 trillion of principal outstanding on eligible securities.

Why it matters: The monthly STRIPS figures show how much of the eligible Treasury stock investors hold as separated interest and principal components, a standing gauge of demand for zero-coupon Treasury cash flows.

Data as of US Treasury, Bureau of the Fiscal Service release of November 5, 2026 (for release at 3:00 p.m.), read in full in this run; all figures are the release's own, stated in thousands in the release and converted here. Developing item.

The Bureau of the Fiscal Service said $633.7 billion of Treasury securities was held in stripped form in October under the STRIPS program, against $23.256 trillion held in unstripped form, out of $23.889 trillion of principal outstanding on eligible securities. Holders reconstituted $43.1 billion of stripped securities back into unstripped form during the month.

The bureau said the balances are subject to audit and subsequent revision, and that the monthly figures appear in Table V of the Monthly Statement of the Public Debt.

Treasury reports $633.7 billion held in stripped form in October

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