U.S. Department of the Treasury Announces Marketable Borrowing Estimates





January 30, 2017



Washington, DC - - (January 30, 2017) - - The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the January – March 2017 and April – June 2017 quarters:

• During the January – March 2017 quarter, Treasury expects to borrow $57 billion in net marketable debt, assuming an end-of-March cash balance of $100 billion. The borrowing estimate is $1 billion higher than announced in October 2016.


• During the April – June 2017 quarter, Treasury expects to borrow $1 billion in net marketable debt, assuming an end-of-June cash balance of $200 billion.


During the October – December 2016 quarter, Treasury borrowed $255 billion in net marketable debt and ended the quarter with a cash balance of $399 billion. In October 2016, Treasury estimated net marketable borrowing of $188 billion and assumed an end-of-December cash balance of $390 billion.[1] The increased borrowing was driven primarily by lower receipts and higher outlays.

Additional financing details relating to Treasury’s Quarterly Refunding will be released at 8:30 a.m. on Wednesday, February 1, 2017.
Information source: U.S. Department of the Treasury