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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 2/4/2013 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 January – March and April – June 2013 quarters: During the January – March 2013 quarter, Treasury expects to issue $331 billion in net marketable debt, assuming an end-of-March cash balance of $30 billion. This borrowing estimate is $11 billion lower than announced in October 2012. The decrease in borrowing relates to the higher beginning-of-quarter cash balance partially offset by higher outlays and lower receipts. [1] During the April – June 2013 quarter, Treasury expects to issue $103 billion in net marketable debt, assuming an end-of-June cash balance of $60 billion. During the October – December 2012 quarter, Treasury issued $297 billion in net marketable debt and ended the quarter with a cash balance of $93 billion. In October 2012, Treasury had estimated $288 billion in net marketable borrowing and assumed an end-ofDecember cash balance of $60 billion. The increase in the cash balance was driven primarily by higher receipts and lower outlays. [1] [1] Cash Balance October - December Quarter January - March Quarter Assumptions Prior Actual Change Prior Current Change Opening Balance $85 $85 $0 $60 $93 $33 Closing Balance $60 $93 $33 $30 $30 $0 Impact on Borrowing -$25 $7 $33 -$30 -$63 -$33 https://www.treasury.gov/press-center/press-releases/Pages/tg1837.aspx 1/2 5/5/2020 Treasury Announces Marketable Borrowing Estimates https://www.treasury.gov/press-center/press-releases/Pages/tg1837.aspx 2/2
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