MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1896 Tues; -1.71% Y/Y

CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: US Treasury Expects To Borrow USD844B By Yearend

The U.S. Treasury Department Monday announced it expects to borrow USD444 billion in privately-held net marketable debt in the third quarter, USD262 billion more than previously announced in May.

Treasury is assuming a cash balance of approximately USD650 billion at the end of September. For the fourth quarter, Treasury expects to borrow USD400 billion, assuming an end-of-December cash balance of USD700 billion. The Treasury's quarterly refunding, which is expected to show coupon cuts, will be released at 8:30 a.m. August 3.

The Treasury's third quarter financing estimates were adjusted due to the Federal Reserve's SOMA redemptions. During the second quarter, the U.S. borrowed USD7 billion and ended the quarter with a USD782 billion cash balance.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
USPolicy NewsHomepageFiscalGovernment sectorBriefStoryRegionNorth America
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
USPolicy NewsHomepageFiscalGovernment sectorBriefStoryRegionNorth America

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.