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Net Interest-Bearing Federal Debt for United States (M1507BUSM027NNBR)


Dec 1939: 38.1  
Updated: Aug 20, 2012


Billions of Dollars,
Not Seasonally Adjusted


End of Month
1Y | 5Y | 10Y | Max


Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Billions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly, End of Month


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

NBER Indicator: m15007b

Suggested Citation:

National Bureau of Economic Research, Net Interest-Bearing Federal Debt for United States [M1507BUSM027NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis;, May 19, 2022.


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