Trustees Reports- 1996

Table II.C4. - Assets of the DI Trust Fund, by Type, Interest Rate, and Year of Maturity, at End of Fiscal Year, 1994 and 1995

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                                       September 30, 1994    September 30, 1995
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Investments in public-debt obligations:
  Public issues: 
    Treasury bonds:
      3.5 percent, 1998.............        $5,000,000.00         $5,000,000.00 
      7.625 percent, 2002-07........        10,000,000.00         10,000,000.00 
      8 percent, 1996-2001..........        26,000,000.00         26,000,000.00 
      8.25 percent, 2000-05.........         3,750,000.00          3,750,000.00 
      11.75 percent, 2005-10........        30,250,000.00         30,250,000.00
                                        ---------------------------------------
    Total investments in public issues
      at par value, as shown above..        75,000,000.00         75,000,000.00
    Unamortized premium or discount,
      net...........................          -299,362.63           -266,055,79
                                        ---------------------------------------
    Total investments in public issues
      at book value.................        74,700,637.37         74,733,944.21
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  Obligations sold only to the trust
    funds (special issues):
    Certificates of indebtedness: 
      6.500 percent, 1996...........             --            3,676,519,000.00
      6.625 percent, 1996...........             --            1,468,926,000.00
      7.250 percent, 1995...........     1,773,911,000.00              --
    Bonds: 
      6.500 percent, 1997...........             --            1,623,850,000.00 
      6.500 percent, 1998-2007......             --           21,476,590,000.00 
      6.500 percent, 2008...........             --            3,064,120,000.00 
      7.375 percent, 2004-06........       142,803,000.00        142,803,000.00 
      7.375 percent, 2007...........       916,460,000.00        916,460,000.00
      8.125 percent, 2004-05........       300,322,000.00        300,322,000.00 
      8.125 percent, 2006...........       868,859,000.00        868,859,000.00
      8.75 percent, 2003............       585,085,000.00        174,477,000.00
      8.75 percent, 2004-05.........     1,437,396,000.00      1,437,396,000.00
                                        ---------------------------------------
    Total obligations sold only to the
      trust funds (special issues)..     6,024,836,000.00     35,150,322,000.00
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Total investments in public-debt
  obligations (book value 1/).......     6,099,536,637.37     35,255,055,944.21
                                        =======================================
Undisbursed balances 2/.............       270,926,360.50        -19,146,366.11
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Total assets (book value 1/)........     6,370,462,997.87     35,205,909,578.10
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1/ Par value, plus unamortized premium or less discount outstanding.
2/ The relatively large amount for September 30, 1994, is due to employment
taxes received that day that were not invested until the next business day.
The negative figure for September 30, 1995, represents extension of credit
against securities to be redeemed withing the following few days.

Note: Special issues are always purchased at par value. Therefore, book value
and par value are the same for each special issue, and the common value is
shown above. Where the maturity years are grouped for special issues, the
amount maturing in each year is the amount shown divided by the number of
years.