Public Debt Announces Activity for Securities in the STRIPS Program for May 2008

FOR RELEASE AT 3:00 PM

June 5, 2008

The Bureau of the Public Debt announced activity for the month of May 2008, of securities within the Separate Trading of Registered Interest and Principal of Securities program (STRIPS).

In Thousands
Principal Outstanding (Eligible Securities) $3,504,995,255
Held in Unstripped Form $3,300,946,343
Held in Stripped Form $204,048,912
Reconstituted in May $36,302,337

The accompanying table gives a breakdown of STRIPS activity by individual loan description. The balances in this table are subject to audit and subsequent revision. These monthly figures are included in Table V of the Monthly Statement of The Public Debt, entitled "Holdings of Treasury Securities in Stripped Form."

The STRIPS Table along with the new Monthly Statement of the Public Debt is available on Public Debt's Internet site at: www.treasurydirect.gov. A wide range of information about the public debt and Treasury securities is also available at the site.