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5/5/2020 Treasury Announces Marketable Borrowing Estimates U.S. DEPARTMENT OF THE TREASURY Press Center Treasury Announces Marketable Borrowing Estimates 8/1/2016 View the Sources and Uses Table here Washington, D.C. -- The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the July – September 2016 and October – December 2016 quarters: During the July – September 2016 quarter, Treasury expects to borrow $201 billion in net marketable debt, assuming an end-of-September cash balance of $350 billion. This borrowing estimate is $47 billion higher than announced in May 2016. The increase in borrowing is due primarily to a higher end-of-quarter cash balance estimate and lower receipts. During the October – December 2016 quarter, Treasury expects to issue $182 billion in net marketable debt, assuming an end-of-December cash balance of $390 billion. During the April – June 2016 quarter, Treasury payed down $25 billion in net marketable debt and ended the quarter with a cash balance of $364 billion. In May 2016, Treasury estimated a $65 billion pay down in net marketable debt and assumed an end-of-June cash balance of $350 billion. The lower pay down was driven by lower receipts and a higher endof-quarter cash balance. Additional financing details relating to Treasury’s Quarterly Refunding will be released at 8:30 a.m. on Wednesday, August 3, 2016. ### https://www.treasury.gov/press-center/press-releases/Pages/jl0532.aspx 1/2 5/5/2020 Treasury Announces Marketable Borrowing Estimates https://www.treasury.gov/press-center/press-releases/Pages/jl0532.aspx 2/2
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