Title: Net Interest-Bearing Federal Debt for United States Series ID: M1507BUSM027NNBR Source: National Bureau of Economic Research Release: NBER Macrohistory Database (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly, End of Month Units: Billions of Dollars Date Range: 1917-01-01 to 1939-12-01 Last Updated: 2012-08-20 8:46 AM CDT Notes: Series Is Presented Here As Four Variables--(1)--Original Data, 1917-1939 (2)--Original Data, 1917-1939 (3)--Original Data, 1939-1968 (4)--Original Data, 1939-1949. Data Cover Total Interest-Bearing Federal Obligations Exclusive Of Such Obligations Held By U.S. Agencies And Trust Funds, The Postal Savings System And The Federal Reserve Banks. The Series Includes Government Security Holdings By State And Municipal Governments, Industrialist Firms, Alien Property Custodians And A Special German Deposit Account. Beginning In June 1934, Holdings Of Guaranteed Obligations Are Included. Source: Computed By NBER This NBER data series m15007b appears on the NBER website in Chapter 15 at http://www.nber.org/databases/macrohistory/contents/chapter15.html. NBER Indicator: m15007b DATE VALUE 1917-01-01 0.9 1917-02-01 0.9 1917-03-01 1.0 1917-04-01 1.2 1917-05-01 1.6 1917-06-01 2.6 1917-07-01 2.4 1917-08-01 3.4 1917-09-01 3.9 1917-10-01 5.4 1917-11-01 7.5 1917-12-01 7.0 1918-01-01 8.1 1918-02-01 9.1 1918-03-01 9.8 1918-04-01 11.0 1918-05-01 12.4 1918-06-01 11.7 1918-07-01 13.1 1918-08-01 14.2 1918-09-01 15.5 1918-10-01 17.9 1918-11-01 18.9 1918-12-01 20.3 1919-01-01 22.6 1919-02-01 23.8 1919-03-01 23.5 1919-04-01 24.0 1919-05-01 25.1 1919-06-01 24.9 1919-07-01 24.9 1919-08-01 25.6 1919-09-01 25.2 1919-10-01 25.2 1919-11-01 25.0 1919-12-01 24.8 1920-01-01 24.6 1920-02-01 24.5 1920-03-01 23.8 1920-04-01 24.1 1920-05-01 24.2 1920-06-01 23.6 1920-07-01 23.6 1920-08-01 23.7 1920-09-01 23.4 1920-10-01 23.4 1920-11-01 23.5 1920-12-01 23.3 1921-01-01 23.3 1921-02-01 23.4 1921-03-01 23.3 1921-04-01 23.3 1921-05-01 23.3 1921-06-01 23.3 1921-07-01 23.1 1921-08-01 23.3 1921-09-01 23.3 1921-10-01 22.8 1921-11-01 23.0 1921-12-01 22.8 1922-01-01 22.7 1922-02-01 22.6 1922-03-01 22.2 1922-04-01 22.2 1922-05-01 22.0 1922-06-01 21.9 1922-07-01 21.9 1922-08-01 22.1 1922-09-01 21.8 1922-10-01 22.2 1922-11-01 22.2 1922-12-01 21.8 1923-01-01 21.7 1923-02-01 21.7 1923-03-01 21.9 1923-04-01 21.9 1923-05-01 21.8 1923-06-01 21.7 1923-07-01 21.6 1923-08-01 21.6 1923-09-01 21.5 1923-10-01 21.4 1923-11-01 21.4 1923-12-01 21.2 1924-01-01 21.2 1924-02-01 21.1 1924-03-01 20.8 1924-04-01 20.8 1924-05-01 20.7 1924-06-01 20.3 1924-07-01 20.2 1924-08-01 20.2 1924-09-01 20.2 1924-10-01 20.2 1924-11-01 20.1 1924-12-01 19.9 1925-01-01 20.0 1925-02-01 19.9 1925-03-01 19.9 1925-04-01 19.9 1925-05-01 19.9 1925-06-01 19.5 1925-07-01 19.5 1925-08-01 19.5 1925-09-01 19.5 1925-10-01 19.5 1925-11-01 19.5 1925-12-01 19.3 1926-01-01 19.3 1926-02-01 19.3 1926-03-01 19.0 1926-04-01 19.0 1926-05-01 19.0 1926-06-01 18.5 1926-07-01 18.5 1926-08-01 18.5 1926-09-01 18.5 1926-10-01 18.4 1926-11-01 18.4 1926-12-01 18.1 1927-01-01 18.1 1927-02-01 18.0 1927-03-01 17.8 1927-04-01 17.8 1927-05-01 17.7 1927-06-01 17.3 1927-07-01 17.3 1927-08-01 17.1 1927-09-01 17.2 1927-10-01 17.0 1927-11-01 16.7 1927-12-01 16.5 1928-01-01 16.6 1928-02-01 16.6 1928-03-01 16.6 1928-04-01 16.6 1928-05-01 16.6 1928-06-01 16.4 1928-07-01 16.4 1928-08-01 16.5 1928-09-01 16.0 1928-10-01 16.3 1928-11-01 16.2 1928-12-01 16.1 1929-01-01 16.1 1929-02-01 16.1 1929-03-01 16.0 1929-04-01 15.9 1929-05-01 15.9 1929-06-01 15.6 1929-07-01 15.6 1929-08-01 15.6 1929-09-01 15.5 1929-10-01 15.3 1929-11-01 15.3 1929-12-01 14.7 1930-01-01 14.7 1930-02-01 14.8 1930-03-01 14.7 1930-04-01 14.7 1930-05-01 14.7 1930-06-01 14.4 1930-07-01 14.4 1930-08-01 14.4 1930-09-01 14.3 1930-10-01 14.4 1930-11-01 14.4 1930-12-01 14.1 1931-01-01 14.3 1931-02-01 14.4 1931-03-01 14.8 1931-04-01 15.2 1931-05-01 15.2 1931-06-01 15.4 1931-07-01 15.4 1931-08-01 15.5 1931-09-01 15.9 1931-10-01 15.9 1931-11-01 15.9 1931-12-01 16.2 1932-01-01 16.2 1932-02-01 16.5 1932-03-01 16.8 1932-04-01 16.5 1932-05-01 16.6 1932-06-01 16.8 1932-07-01 16.8 1932-08-01 17.3 1932-09-01 17.8 1932-10-01 18.0 1932-11-01 18.0 1932-12-01 18.0 1933-01-01 18.1 1933-02-01 18.1 1933-03-01 18.6 1933-04-01 18.7 1933-05-01 19.0 1933-06-01 19.5 1933-07-01 19.5 1933-08-01 19.9 1933-09-01 19.7 1933-10-01 19.5 1933-11-01 20.0 1933-12-01 20.4 1934-01-01 21.8 1934-02-01 22.5 1934-03-01 22.6 1934-04-01 22.4 1934-05-01 22.4 1934-06-01 23.4 1934-07-01 23.7 1934-08-01 24.0 1934-09-01 24.3 1934-10-01 25.1 1934-11-01 25.5 1934-12-01 26.8 1935-01-01 27.0 1935-02-01 27.2 1935-03-01 27.3 1935-04-01 27.1 1935-05-01 27.1 1935-06-01 27.4 1935-07-01 27.6 1935-08-01 27.6 1935-09-01 28.2 1935-10-01 28.2 1935-11-01 28.5 1935-12-01 29.5 1936-01-01 29.5 1936-02-01 29.6 1936-03-01 30.5 1936-04-01 30.5 1936-05-01 30.8 1936-06-01 33.0 1936-07-01 32.7 1936-08-01 32.6 1936-09-01 33.0 1936-10-01 33.0 1936-11-01 33.0 1936-12-01 33.5 1937-01-01 33.6 1937-02-01 33.6 1937-03-01 33.6 1937-04-01 33.6 1937-05-01 33.8 1937-06-01 34.4 1937-07-01 34.6 1937-08-01 34.7 1937-09-01 34.5 1937-10-01 34.5 1937-11-01 34.4 1937-12-01 34.5 1938-01-01 34.6 1938-02-01 34.7 1938-03-01 34.5 1938-04-01 34.5 1938-05-01 34.5 1938-06-01 34.1 1938-07-01 34.3 1938-08-01 34.5 1938-09-01 35.3 1938-10-01 35.3 1938-11-01 35.3 1938-12-01 36.1 1939-01-01 36.2 1939-02-01 36.7 1939-03-01 36.7 1939-04-01 36.8 1939-05-01 36.9 1939-06-01 37.0 1939-07-01 37.1 1939-08-01 37.2 1939-09-01 36.7 1939-10-01 36.9 1939-11-01 37.5 1939-12-01 38.1