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  • U.S. Department of the Treasury Announces Marketable Borrowing Estimates

    U.S. Department of the Treasury Announces Marketable Borrowing Estimates | site |


    (July 29, 2019) - - Today, the U.S. Department of the Treasury published the following information:


    WASHINGTON -- The U.S. Department of the Treasury today announced its current estimates of privately-held net marketable borrowing[1] for July – September 2019 and October – December 2019 quarters:


    • During the July – September 2019 quarter, Treasury expects to borrow $433 billion in privately-held net marketable debt, assuming an end-of-September cash balance of $350 billion. The borrowing estimate is $274 billion higher than announced in April 2019. The increase in borrowing is primarily driven by changes in cash balance assumptions.[2]



    • During the October – December 2019 quarter, Treasury expects to borrow $381 billion in privately-held net marketable debt, assuming an end-of-December cash balance of $410 billion.


    During the April – June 2019 quarter, Treasury borrowed $40 billion in privately-held net marketable debt and ended the quarter with a cash balance of $264 billion. In April 2019, Treasury estimated privately-held net marketable borrowing of $30 billion and assumed an end-of-June cash balance of $270 billion.2 The change in borrowing resulted from lower net cash flows partially offset by the lower end-of-quarter cash balance.

    Additional financing details relating to Treasury’s Quarterly Refunding will be released at 8:30 a.m. on Wednesday, July 31, 2019.


    ______________________



    [1] Privately-held net marketable borrowing excludes rollovers (auction “add-ons”) of Treasury securities held in the Federal Reserve’s System Open Market Account (SOMA), but includes financing required due to SOMA redemptions.

    [2] The end-of-September and December cash balances are subject to enactment of a debt limit suspension or increase.










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  • Almighty God LOVES you!!!

    Almighty God LOVES YOU!!!