Net $763.4 mln US securities reconstituted in Oct

WASHINGTON, Nov 5 (Reuters) - The U.S. Treasury Department on Thursday said a net $763.4 million of government securities were reconstituted in October.

Separate Trading of Registered Interest and Principal of Securities, or STRIPS, instruments are created by separating the interest coupon from the principal payment. The coupon and princi 536870913 1885432864

The Treasury said $5.053 trillion in securities were eligible for stripping in October. Of the total, $173.062 billion were held in stripped form on Oct. 31, compared with $173.826 billio 536870913 1847615860 (Reporting by Nancy Waitz; Editing by Neil Stempleman)