Treasury Announces Marketable Borrowing Estimates

​View the Sources and Uses WASHINGTON -- The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the October – December 2017 and January – March 2018 quarters: During the October – December 2017 quarter, Treasury expects to borrow $275 billion in net marketable debt, assuming an end-of-December cash balance of $205 billion. The borrowing estimate is $226 billion lower than announced in July 2017. The decrease in borrowing is driven primarily by changes in cash balance assumptions.1 During the January – March 2018 quarter, Treasury expects to borrow $512 billion in net marketable debt, assuming an end-of-March cash balance of $300 billion. During the July – September 2017 quarter, Treasury borrowed $189 billion in net marketable debt and ended the quarter with a cash balance of $159 billion.