Treasury Announces Marketable Borrowing Estimates

(Archived Content) View the Sources and Uses table here ​WASHINGTON - The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the January – March and April – June 2013 quarters:During the January – March 2013 quarter, Treasury expects to issue $331 billion in net marketable debt, assuming an end-of-March cash balance of $30 billion. This borrowing estimate is $11 billion lower than announced in October 2012. The decrease in borrowing relates to the higher beginning-of-quarter cash balance partially offset by higher outlays and lower receipts. [1]During the April – June 2013 quarter, Treasury expects to issue $103 billion in net marketable debt, assuming an end-of-June cash balance of $60 billion.During the October – December 2012 quarter, Treasury issued $297 billion in net marketable debt and ended the quarter with a cash balance of $93 billion.