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 IRC Handout 04/20/2022 

Proposed USSGL Accounts ONLY for Investments Purchased on the Secondary Market (Effective Fiscal Year 2023) 

*ONLY APPLICABLE for purchases of Marketable Treasury Securities on the secondary market, rather than through FedInvest.* 

Account Title: Investments in Marketable U.S. Treasury Securities Purchased on the Secondary Market

Account Number: 161020

Normal Balance: Debit

Definition: This account is used to record the par value of marketable U.S. Treasury securities issued by the Bureau of the Fiscal Service and 

purchased on the secondary market, and not directly through the Treasury. This account does not close at year-end. 

 

Justification: Certain U.S. Treasury securities may be purchased on the secondary market rather than directly through the Treasury. When 

agencies hold these securities purchased on the secondary market, the securities must be manually reclassified from debt held by the public to 

intragovernmental debt holdings. Currently, there is no specific USSGL account in which agencies can report this cash activity and efficiently

report the totals of Investments in U.S. Treasury Securities in the Governmentwide Treasury Account Symbol Adjusted Trial Balance System

(GTAS.)

Account Title: Discount on Marketable U.S. Treasury Securities Purchased on the Secondary Market

Account Number: 161120 

Normal Balance: Credit

Definition: This account is used to record the full discount amount on marketable U.S. Treasury securities held by a federal entity which are

issued by the Bureau of the Fiscal Service and purchased on the secondary market. This account does not close at year-end. 

 

Justification: Certain U.S. Treasury securities may be purchased on the secondary market rather than directly through the Treasury. When 

agencies hold these securities purchased on the secondary market, the securities must be manually reclassified from debt held by the public to 

intragovernmental debt holdings. Currently, there is no specific USSGL account in which agencies can report this cash activity and efficiently 

report the totals of Investments in U.S. Treasury Securities in the Governmentwide Treasury Account Symbol Adjusted Trial Balance System

(GTAS.)
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 IRC Handout 04/20/2022

 

Account Title: Premium on Marketable U.S. Treasury Securities Purchased on the Secondary Market

Account Number: 161220

Normal Balance: Debit

Definition: This account is used to record the full premium amount on marketable U.S. Treasury securities held by a federal entity which are

issued by the Bureau of the Fiscal Service and purchased on the secondary market. This account does not close at year-end.

Justification: Certain U.S. Treasury securities may be purchased on the secondary market rather than directly through the Treasury. When 

agencies hold these securities purchased on the secondary market, the securities must be manually reclassified from debt held by the public to 

intragovernmental debt holdings. Currently, there is no specific USSGL account in which agencies can report this cash activity and efficiently 

report the totals of Investments in U.S. Treasury Securities in the Governmentwide Treasury Account Symbol Adjusted Trial Balance System

(GTAS.)

Account Title: Amortization of Discount and Premium on Marketable U.S. Treasury Securities Purchased on the Secondary Market

Account Number: 161320 

Normal Balance: Debit

Definition: This account is used to record the amortization amount of discounts and premiums on marketable U.S. Treasury securities held by 

a federal entity which are issued by the Bureau of the Fiscal Service and purchased on the secondary market. Although the normal balance for 

this account is debit, it is acceptable in certain instances for this account to have a credit balance. This account does not close at year-end.

Justification: Certain U.S. Treasury securities may be purchased on the secondary market rather than directly through the Treasury. When 

agencies hold these securities purchased on the secondary market, the securities must be manually reclassified from debt held by the public to 

intragovernmental debt holdings. Currently, there is no specific USSGL account in which agencies can report this cash activity and efficiently 

report the totals of Investments in U.S. Treasury Securities in the Governmentwide Treasury Account Symbol Adjusted Trial Balance System

(GTAS.)
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 IRC Handout 04/20/2022 

 

Attribute Table (Effective Fiscal Year 2023) 

No. USSGL Account Title Anticipated Budg/ 

Prop

Norm 

Bal

Begin

/End

Debit/ 

Credit

Auth 

Type 

Code

Apport 

Cat

Apport 

Cat B

161020 

Investments in Marketable U.S. Treasury 

Securities Purchased on the Secondary 

Market

 N A D B/E D/C

161120 

Discount on Marketable U.S. Treasury 

Securities Purchased on the Secondary 

Market

 N A C B/E D/C

161220 

Premium on Marketable U.S. Treasury 

Securities Purchased on the Secondary 

Market

 N A D B/E D/C

161320 

Amortization of Discount and Premium 

on Marketable U.S. Treasury Securities 

Purchased on the Secondary Market

 N A D B/E D/C

Avail 

Time

BEA Cat Borrow 

Source

Budgetary

Impact 

Indicator

Cohort 

Yr

Cust/ 

Noncust

Exch/ 

Nonexch

Fed/ 

Non 

Fed

Trading 

Ptnr

Trading 

Ptnr Main

PY

Adj

Program 

Indicator

F/N ### /####

F/N ### /####

F/N ### /####

F/N ### /####
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Impact on Crosswalks (FY 2023): 

USSGL

Account

Balance

Sheet

Net

Cost

Net

Position

Custodial 

Activity

Reclassified 

Balance Sheet

Reclassified

Net Cost

Reclassified

Net

Position 

SF133 Schedule 

P 

SBR

161020 Lines 2.1 & 14

14

N/A N/A N/A Lines 2.1 & 14 N/A N/A N/A N/A (To be 

discussed 

further)

N/A

161120 Lines 2.1 & 14 N/A N/A N/A Lines 2.1 & 14 N/A N/A N/A N/A N/A

161220 Lines 2.1 & 14 N/A N/A N/A Lines 2.1 & 14 N/A N/A N/A N/A N/A

161320 Lines 2.1 & 14 N/A N/A N/A Lines 2.1 & 14 N/A N/A N/A N/A N/A

Impacts to the following Edits/Validations (FY 2023): 

Edit Rule Number Rule Name

22 Beginning Proprietary Account Balance

23 Ending Proprietary Account Balance

Program 

Rpt Cat

Reimb 

Flag

Year

of 

BA

Reduction 

Type Fund Type

Reporting 

Type 

Code

Financing

Account 

Code

TAS

Status

Trans. 

Code

CF/DF/EC/EG/EM/EP/ER/ES/ET/GA/TR/UG/US/UT E/F/U D/G/N U X/K/N

CF/DF/EC/EG/EM/EP/ER/ES/ET/GA/TR/UG/US/UT E/F/U D/G/N U X/K/N

CF/DF/EC/EG/EM/EP/ER/ES/ET/GA/TR/UG/US/UT E/F/U D/G/N U X/K/N

CF/DF/EC/EG/EM/EP/ER/ES/ET/GA/TR/UG/US/UT E/F/U D/G/N U X/K/N
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 IRC Handout 04/20/2022