Treasury Announces Marketable Borrowing Estimates

View Sources and Uses TableWashington – The U.S. Department of the Treasury today announced its current estimates of privately-held net marketable borrowing[1] for the October – December 2018 and January – March 2019 quarters:During the October – December 2018 quarter, Treasury expects to borrow $425 billion in privately-held net marketable debt, assuming an end-of-December cash balance of $410 billion. The borrowing estimate is $15 billion lower than announced in July 2018. The decrease in borrowing is driven primarily by changes in cash balance assumptions.[2]During the January – March 2019 quarter, Treasury expects to borrow $356 billion in privately-held net marketable debt, assuming an end-of-March cash balance of $320 billion.During the July – September 2018 quarter, Treasury borrowed $353 billion in privately-held net marketable debt and ended the quarter with a cash balance of $385 billion.