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 January – March 2019 and April – June 2019 quarters:During the January – March 2019 quarter, Treasury expects to borrow $365 billion in privately held net marketable debt, assuming an end-of-March cash balance of $320 billion. The borrowing estimate is $8 billion higher than announced in October 2018. The increase in borrowing is driven primarily by a lower than previously assumed opening cash balance.[2]During the April – June 2019 quarter, Treasury expects to borrow $83 billion in privately-held net marketable debt, assuming an end-of-June cash balance of $300 billion.During the October – December 2018 quarter, Treasury borrowed $426 billion in privately-held net marketable debt and ended the quarter with a cash balance of $402 billion.