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-of-December cash balance of $60 billion.
The increase in the cash balance was driven primarily by higher receipts
and lower outlays. [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
|