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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 4/29/2013 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 and July – September 2013 quarters: During the April – June 2013 quarter, Treasury expects to pay down $35 billion in net marketable debt, assuming an end-of-June cash balance of $75 billion. This borrowing estimate is $138 billion lower than announced in February 2013. The decrease in borrowing relates primarily to higher receipts, lower outlays, and changes in cash balance assumptions. [1] During the July – September 2013 quarter, Treasury expects to issue $223 billion in net marketable debt, assuming an end-of-September cash balance of $80 billion. During the January – March 2013 quarter, Treasury issued $349 billion in net marketable debt and ended the quarter with a cash balance of $79 billion. In February 2013, Treasury had estimated $331 billion in net marketable borrowing and assumed an end-of-March cash balance of $30 billion. The increase in the cash balance [1] was driven primarily by higher receipts and lower outlays. Additional financing details relating to Treasury’s Quarterly Refunding will be released at 9:00 a.m. on Wednesday, May 1, 2013. ### [1] January - March Quarter Cash Balance Assump ons Prior Current April - June Quarter Change Prior Current Change Opening Balance $93 $93 $0 $30 $79 $49 Closing Balance $30 $79 $49 $60 $75 $15 -$63 -$14 $49 $30 -$4 -$34 Impact on Borrowing https://www.treasury.gov/press-center/press-releases/Pages/jl1919.aspx 1/2 5/5/2020 Treasury Announces Marketable Borrowing Estimates https://www.treasury.gov/press-center/press-releases/Pages/jl1919.aspx 2/2
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