Monday, April 27, 2009

Treasury Borrowing increased By $196 Billion (April - June)


Treasury Announces Marketable Borrowing Estimates

The U.S. Department of the Treasury today announced its current estimates of marketable borrowing for the April - June 2009 and July – September 2009 quarters:

During the April – June 2009 quarter. 
  • Treasury expects to borrow $361 billion of marketable debt, 
  • assuming an end-of-June cash balance of $245 billion, 
  • which includes $200 billion for the Supplementary Financing Program (SFP). 
  • The borrowing estimate is $196 billion higher than announced in February 2009. The increase in borrowing is primarily related to a continuation of the SFP, and lower receipts and outlays.
During the July – September quarter. 
  • Treasury expects to borrow $515 billion of marketable debt,
  • assuming an end-of-September cash balance of $270 billion,
  • which includes $200 billion for the SFP.
Also see: Statement for the Treasury Borrowing Advisory Committee

Source: U.S. Department of the Treasury.
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