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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 4/28/2014 View the Sources and Uses table here . WASHINGTON-- The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the April – June 2014 and July – September 2014 quarters: During the April – June 2014 quarter, Treasury expects to pay down $78 billion in net marketable debt, assuming an end-of-June cash balance of $130 billion. This pay down estimate is $38 billion higher than announced in February 2014. The increase in the estimated pay down relates primarily to changes in cash balance assumptions[1]. During the July – September 2014 quarter, Treasury expects to borrow $169 billion in net marketable debt, assuming an end-of-September cash balance of $130 billion. During the January – March 2014 quarter, Treasury issued $265 billion in net marketable debt and ended the quarter with a cash balance of $142 billion. In February 2014, Treasury estimated marketable borrowing of $284 billion assuming an end-of-March cash balance of $130 billion. The decrease in borrowing was driven by higher receipts and lower outlays partially offset by a higher ending cash balance. Additional financing details relating to Treasury’s Quarterly Refunding will be released at 8:30 a.m. on Wednesday, April 30, 2014. ### 1Cash Balance Assumptions January - March Quarter April - June Quarter Prior Current Change Prior Current Change Balance $162 $162 $0 $130 $142 $12 Closing Balance $130 $142 $12 $150 $130 -$20 -$32 -$20 $12 $20 -$12 -$32 Opening Impact on Borrowing https://www.treasury.gov/press-center/press-releases/Pages/jl2370.aspx 1/2 5/5/2020 Treasury Announces Marketable Borrowing Estimates https://www.treasury.gov/press-center/press-releases/Pages/jl2370.aspx 2/2
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