Treasury Announces Marketable Borrowing Estimates

(Archived Content)TG-524To 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 January – March 2010 and the April – June 2010 quarters:During the January – March 2010 quarter, Treasury expects to issue $392 billion in net marketable debt, assuming an end-of-March cash balance of $95 billion, which includes $5 billion for the Supplementary Financing Program (SFP). The borrowing estimate is $86 billion lower than announced in November 2009. The decrease in borrowing is primarily related to cash balance adjustments and lower outlays offset partially by lower receipts.During the April – June 2010 quarter, Treasury expects to issue $268 billion in net marketable debt, assuming an end-of-June cash balance of $85 billion, which includes $5 billion for the SFP.These estimates do not include any incremental borrowing needs that would result from a potential increase in issuance under the SFP.During the October – December 2009 quarter, Treasury