Treasury Announces Marketable Borrowing Estimates

(Archived Content)To view the Sources and Uses Table, visit link. Washington, D.C. – The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the October – December 2010 and the January – March 2011 quarters: During the October - December 2010 quarter, Treasury expects to issue $362 billion in net marketable debt, assuming an end-of-December cash balance of $300 billion, which includes $200 billion for the Supplementary Financing Program (SFP). The borrowing estimate is $17 billion lower than announced in August 2010. The decrease in borrowing relates primarily to higher net issuances of State and Local Government Series securities and cash balance adjustments.During the January – March 2011 quarter, Treasury expects to issue $431 billion in net marketable debt, assuming an end-of-March cash balance of $270 billion, which includes $200 for the SFP.