Treasury Financing Requirements 

 October 

(Projected) (Actuals) (P

Deficit Funding (Def + / Surplus -) 55 41 

Means of Financing

Change in Cash Balance 11 -6 

Net Non-Marketable Financing -5 -7 Other* 19 9 Net Marketable Financing 30 45 

Net Marketable Financing 30 45 

Bills -5Nominal Notes 20TIPS 19Bonds 12

Notes:

Starting Cash Balance 46 46 Ending Cash Balance 35 52 

* Includes direct loan activity, changes in accrued interest, checks outstanding, minor miscellaneous transactions, discount and inflation accretion on Treasuries.Note: Totals may not add due to rounding.

 July - September 2006
Marketable Treasury Coupon Flows 

Date

Maturing Coupon 

Securities 

(Excluding SOMA 

holdings)

Coupon 

Payments

November 15, 2006 58 22 November 30, 2006 23 3 December 15, 2006 0 1 December 31, 2006 24 3 January 15, 2007 18 5 January 31, 2007 23 3 February 15, 2007 35 26 February 28, 2007 23 2 
TREASURY DAILY OPERATING CASH BALANCE

FY 2005 FY 2006 FY 2007

Date Total Date Total Date Total

10/1/2004 18.3 10/3/2005 14.7 10/2/2005 52.8

10/4/2004 21.5 10/4/2005 9.5 10/3/2005 26.7

10/5/2004 17.4 10/5/2005 11.6 10/4/2005 27.5

10/6/2004 20.5 10/6/2005 19.1 10/5/2005 20.6

10/7/2004 14.2 10/7/2005 15.2 10/6/2005 18.7

10/8/2004 10.9 10/11/2005 15.4 10/10/2005 20.6

10/11/2004 10.9 10/12/2005 7.8 10/11/2005 11.9

10/12/2004 10.9 10/13/2005 10.0 10/12/2005 11.7

10/13/2004 12.9 10/14/2005 9.2 10/13/2005 10.4

10/14/2004 20.4 10/17/2005 29.3 10/16/2005 12.5

10/15/2004 25.9 10/18/2005 27.1 10/17/2005 12.2

10/18/2004 34.5 10/19/2005 26.9 10/18/2005 14.9

10/19/2004 32.4 10/20/2005 30.9 10/19/2005 24.0

10/20/2004 30.9 10/21/2005 29.4 10/20/2005 22.8

10/21/2004 35.4 10/24/2005 30.6 10/21/2005 27.0

10/22/2004 32.0 10/25/2005 27.3 10/24/2005 26.0

10/25/2004 33.7 10/26/2005 24.6 10/25/2005 24.3

10/26/2004 27.8 10/27/2005 34.1 10/26/2005 32.8

10/27/2004 25.7 10/28/2005 41.4

10/28/2004 31.4 10/31/2005 40.7

10/29/2004 48.1 11/1/2005 24.1

11/1/2004 35.1 11/2/2005 27.5

11/2/2004 34.1 11/3/2005 14.7

11/3/2004 14.9 11/4/2005 12.4

11/4/2004 23.3 11/7/2005 12.4

11/5/2004 19.9 11/8/2005 8.3

11/8/2004 21.1 11/9/2005 9.3

11/9/2004 16.4 11/10/2005 18.0

11/10/2004 12.9 11/11/2005 18.0

11/11/2004 12.9 11/14/2005 24.1

11/12/2004 28.9 11/15/2005 4.5

11/15/2004 10.5 11/16/2005 7.2

11/16/2004 13.4 11/17/2005 18.0

11/17/2004 10.5 11/18/2005 16.5

11/18/2004 6.3 11/21/2005 17.9

11/19/2004 5.1 11/22/2005 12.6

11/22/2004 6.0 11/23/2005 4.7

11/23/2004 18.1 11/24/2005 4.7

11/24/2004 14.1 11/25/2005 12.1

11/25/2004 14.1 11/28/2005 14.2

11/26/2004 20.6 11/29/2005 10.5

11/29/2004 24.3 11/30/2005 6.0

11/30/2004 18.0 12/1/2005 16.1

12/1/2004 7.6 12/2/2005 11.8

12/2/2004 8.5 12/5/2005 10.4

12/3/2004 7.4 12/6/2005 5.3

12/6/2004 7.0 12/7/2005 7.8

12/7/2004 15.5 12/8/2005 10.4

12/8/2004 12.3 12/9/2005 10.1

12/9/2004 5.4 12/12/2005 15.3

12/10/2004 6.4 12/13/2005 8.5

12/13/2004 11.4 12/14/2005 12.5

12/14/2004 13.7 12/15/2005 35.7

12/15/2004 39.8 12/16/2005 43.8

12/16/2004 33.6 12/19/2005 48.1

12/17/2004 32.8 12/20/2005 46.3

12/20/2004 36.2 12/21/2005 46.9

12/21/2004 35.1 12/22/2005 35.4

12/22/2004 34.6 12/23/2005 43.4

12/23/2004 24.5 12/27/2005 49.0

12/24/2004 26.9 12/28/2005 42.7

12/27/2004 31.9 12/29/2005 38.5

12/28/2004 30.5 12/30/2005 36.6

12/29/2004 34.8 1/2/2006 36.6

12/30/2004 20.0 1/3/2006 18.3

12/31/2004 24.7 1/4/2006 18.4

1/3/2005 20.5 1/5/2006 13.0

1/4/2005 16.8 1/6/2006 14.2

1/5/2005 21.0 1/9/2006 18.3

1/6/2005 10.2 1/10/2006 16.9

1/7/2005 8.4 1/11/2006 14.6

1/10/2005 13.7 1/12/2006 6.3

1/11/2005 12.4 1/13/2006 7.0

1/12/2005 10.6 1/17/2006 32.2

1/13/2005 10.8 1/18/2006 38.1
1/14/2005 10.9 1/19/2006 41.2

1/17/2005 10.9 1/20/2006 44.1

1/18/2005 28.1 1/23/2006 53.6

1/19/2005 38.3 1/24/2006 60.1

1/20/2005 36.3 1/25/2006 60.3

1/21/2005 42.8 1/26/2006 62.3

1/24/2005 52.2 1/27/2006 57.3

1/25/2005 52.8 1/30/2006 62.6

1/26/2005 54.8 1/31/2006 68.9

1/27/2005 50.0 2/1/2006 55.3

1/28/2005 44.8 2/2/2006 65.7

1/31/2005 61.3 2/3/2006 36.7

2/1/2005 49.3 2/6/2006 38.6

2/2/2005 53.0 2/7/2006 33.3

2/3/2005 29.7 2/8/2006 30.1

2/4/2005 20.5 2/9/2006 35.0

2/7/2005 23.0 2/10/2006 12.0

2/8/2005 19.2 2/13/2006 15.6

2/9/2005 15.8 2/14/2006 13.7

2/10/2005 24.6 2/15/2006 17.6

2/11/2005 5.0 2/16/2006 32.9

2/14/2005 4.5 2/17/2006 11.7

2/15/2005 14.7 2/20/2006 11.7

2/16/2005 20.6 2/21/2006 17.3

2/17/2005 29.0 2/22/2006 9.2

2/18/2005 12.7 2/23/2006 21.0

2/21/2005 12.7 2/24/2006 5.4

2/22/2005 18.5 2/27/2006 10.4

2/23/2005 13.5 2/28/2006 18.1

2/24/2005 30.7 3/1/2006 5.5

2/25/2005 17.2 3/2/2006 12.0

2/28/2005 19.6 3/3/2006 7.7

3/1/2005 7.0 3/6/2006 11.1

3/2/2005 10.1 3/7/2006 6.7

3/3/2005 11.8 3/8/2006 10.7

3/4/2005 3.4 3/9/2006 17.1

3/7/2005 6.6 3/10/2006 7.0

3/8/2005 15.4 3/13/2006 13.5

3/9/2005 10.8 3/14/2006 10.5

3/10/2005 15.4 3/15/2006 15.4

3/11/2005 6.2 3/16/2006 31.8

3/14/2005 14.8 3/17/2006 24.0

3/15/2005 35.2 3/20/2006 28.2

3/16/2005 43.6 3/21/2006 25.1

3/17/2005 48.9 3/22/2006 22.2

3/18/2005 43.0 3/23/2006 29.0

3/21/2005 47.5 3/24/2006 20.7

3/22/2005 44.8 3/27/2006 25.3

3/23/2005 42.0 3/28/2006 20.4

3/24/2005 41.2 3/29/2006 21.9

3/25/2005 34.2 3/30/2006 17.6

3/28/2005 36.1 3/31/2006 8.2

3/29/2005 34.4 4/3/2006 9.5

3/30/2005 34.2 4/4/2006 7.1

3/31/2005 22.4 4/5/2006 8.8

4/1/2005 10.2 4/6/2006 7.5

4/4/2005 14.6 4/7/2006 9.0

4/5/2005 9.7 4/10/2006 11.9

4/6/2005 12.4 4/11/2006 11.5

4/7/2005 12.8 4/12/2006 10.5

4/8/2005 6.3 4/13/2006 9.5

4/11/2005 10.1 4/14/2006 13.7

4/12/2005 13.0 4/17/2006 13.2

4/13/2005 12.5 4/18/2006 30.2

4/14/2005 5.4 4/19/2006 38.6

4/15/2005 18.4 4/20/2006 18.3

4/18/2005 27.7 4/21/2006 21.2

4/19/2005 46.9 4/24/2006 36.9

4/20/2005 55.6 4/25/2006 69.3

4/21/2005 41.9 4/26/2006 77.7

4/22/2005 45.0 4/27/2006 61.0

4/25/2005 59.5 4/28/2006 79.0

4/26/2005 80.3 5/1/2006 84.0

4/27/2005 84.6 5/2/2006 100.2

4/28/2005 72.8 5/3/2006 88.8

4/29/2005 76.4 5/4/2006 80.3

5/2/2005 83.2 5/5/2006 79.2
5/3/2005 67.3 5/8/2006 83.0

5/4/2005 71.2 5/9/2006 77.4

5/5/2005 51.4 5/10/2006 73.8

5/6/2005 49.7 5/11/2006 64.7

5/9/2005 53.2 5/12/2006 64.4

5/10/2005 49.5 5/15/2006 24.6

5/11/2005 46.5 5/16/2006 28.3

5/12/2005 31.1 5/17/2006 24.5

5/13/2005 28.2 5/18/2006 24.5

5/16/2005 30.8 5/19/2006 23.3

5/17/2005 30.5 5/22/2006 26.7

5/18/2005 27.8 5/23/2006 22.5

5/19/2005 21.2 5/24/2006 18.2

5/20/2005 18.4 5/25/2006 14.9

5/23/2005 20.7 5/26/2006 15.5

5/24/2005 15.6 5/29/2006 15.5

5/25/2005 12.7 5/30/2006 18.8

5/26/2005 13.6 5/31/2006 28.1

5/27/2005 14.6 6/1/2006 8.8

5/31/2005 16.6 6/2/2006 7.1

6/1/2005 9.5 6/5/2006 7.4

6/2/2005 12.6 6/6/2006 11.3

6/3/2005 5.6 6/7/2006 15.2

6/6/2005 4.9 6/8/2006 9.6

6/7/2005 11.2 6/9/2006 11.0

6/8/2005 8.0 6/12/2006 16.9

6/9/2005 5.0 6/13/2006 18.2

6/10/2005 5.7 6/14/2006 23.3

6/13/2005 11.3 6/15/2006 34.1

6/14/2005 17.9 6/16/2006 42.0

6/15/2005 49.3 6/19/2006 49.4

6/16/2005 45.5 6/20/2006 60.3

6/17/2005 46.7 6/21/2006 63.9

6/20/2005 52.5 6/22/2006 49.5

6/21/2005 63.0 6/23/2006 52.1

6/22/2005 64.2 6/26/2006 58.4

6/23/2005 44.1 6/27/2006 56.0

6/24/2005 44.0 6/28/2006 53.5

6/27/2005 49.7 6/29/2006 49.7

6/28/2005 46.9 6/30/2006 45.8

6/29/2005 51.8 7/3/2006 20.4

6/30/2005 33.2 7/5/2006 17.8

7/1/2005 10.1 7/6/2006 17.3

7/5/2005 11.9 7/7/2006 16.1

7/6/2005 9.1 7/10/2006 19.7

7/7/2005 6.8 7/11/2006 16.3

7/8/2005 6.1 7/12/2006 13.8

7/11/2005 7.9 7/13/2006 15.9

7/12/2005 7.7 7/14/2006 15.2

7/13/2005 5.3 7/17/2006 14.6

7/14/2005 11.4 7/18/2006 12.4

7/15/2005 14.4 7/19/2006 12.4

7/18/2005 23.1 7/20/2006 12.7

7/19/2005 19.7 7/21/2006 12.3

7/20/2005 19.9 7/24/2006 16.5

7/21/2005 25.4 7/25/2006 12.9

7/22/2005 27.3 7/26/2006 10.2

7/25/2005 31.4 7/27/2006 13.3

7/26/2005 29.3 7/28/2006 12.6

7/27/2005 26.7 7/31/2006 37.7

7/28/2005 32.0 8/1/2006 14.1

7/29/2005 41.0 8/2/2006 18.7

8/1/2005 27.0 8/3/2006 5.4

8/2/2005 26.6 8/4/2006 6.5

8/3/2005 8.8 8/7/2006 9.7

8/4/2005 11.2 8/8/2006 6.3

8/5/2005 9.6 8/9/2006 3.3

8/8/2005 12.9 8/10/2006 8.5

8/9/2005 9.9 8/11/2006 6.2

8/10/2005 8.2 8/14/2006 10.3

8/11/2005 6.6 8/15/2006 3.9

8/12/2005 5.7 8/16/2006 8.1

8/15/2005 8.6 8/17/2006 15.4

8/16/2005 12.9 8/18/2006 17.4

8/17/2005 12.3 8/21/2006 22.8

8/18/2005 14.4 8/22/2006 19.8

8/19/2005 16.3 8/23/2006 16.5

8/22/2005 20.5 8/24/2006 12.9

8/23/2005 17.8 8/25/2006 10.7

8/24/2005 14.4 8/28/2006 14.7

8/25/2005 13.8 8/29/2006 12.5

8/26/2005 11.1 8/30/2006 13.6
8/29/2005 14.7 8/31/2006 16.4

8/30/2005 10.4 9/1/2006 4.5

8/31/2005 8.6 9/4/2006 4.5

9/1/2005 6.3 9/5/2006 8.7

9/2/2005 7.2 9/6/2006 6.4

9/6/2005 8.1 9/7/2006 7.7

9/7/2005 5.9 9/8/2006 6.1

9/8/2005 10.1 9/11/2006 9.9

9/9/2005 7.1 9/12/2006 9.3

9/12/2005 10.7 9/13/2006 8.2

9/13/2005 11.2 9/14/2006 6.8

9/14/2005 7.8 9/15/2006 41.3

9/15/2005 40.6 9/18/2006 56.4

9/16/2005 49.2 9/19/2006 70.3

9/19/2005 55.9 9/20/2006 75.8

9/20/2005 70.6 9/21/2006 63.5

9/21/2005 72.9 9/22/2006 65.4

9/22/2005 60.1 9/25/2006 71.6

9/23/2005 60.9 9/26/2006 71.1

9/26/2005 63.6 9/27/2006 69.7

9/27/2005 60.5 9/28/2006 52.6

9/28/2005 57.5 9/29/2006 52.1

9/29/2005 50.3

9/30/2005 35.7
$ billions

Bills 2-under 5 years 5-10 years over 10 years Buybacks 5-10 years 20-30 years Totals

Calendar Year Quarters

2001 1Q 65.2 -29.2 -25.5 9.4 -8.0 6.0 0.0 17.8

2Q -92.0 -34.1 -26.4 -1.8 -9.3 0.0 0.0 -163.5

3Q 114.8 -10.3 -31.1 3.8 -7.8 5.0 0.0 74.5

4Q 76.4 65.7 -84.7 -1.8 -8.5 0.0 5.0 52.1

2002 1Q 23.2 26.6 2.7 -6.0 0.0 6.0 0.0 52.5

2Q -11.9 49.3 -18.3 0.0 -4.0 0.0 0.0 15.1

3Q 45.8 76.9 -29.6 0.0 0.0 -8.9 0.0 84.2

4Q 20.5 68.6 -9.3 -4.2 0.0 7.0 0.0 82.6

2003 1Q 66.3 59.6 -17.5 -3.0 0.0 6.0 0.0 111.3

2Q -27.3 78.1 12.8 -3.2 0.0 0.0 0.0 60.3

3Q -9.6 62.7 23.0 -5.6 0.0 11.0 0.0 81.5

4Q 10.6 44.1 62.2 -12.5 0.0 9.0 0.0 113.4

2004 1Q 56.2 30.9 46.7 0.0 0.0 12.0 0.0 145.9

2Q -38.2 25.8 43.0 -8.4 0.0 9.0 0.0 31.3

3Q 14.7 16.7 40.6 -4.0 0.0 10.0 11.0 89.0

4Q 41.7 20.4 27.2 -12.5 0.0 21.0 0.0 97.8

2005 1Q 55.9 12.5 57.0 -2.3 0.0 10.0 11.0 144.2

2Q -135.7 17.5 28.9 -7.2 0.0 18.0 0.0 -78.5

3Q -9.2 7.3 48.4 -9.3 0.0 9.0 6.0 52.3

4Q 49.6 10.1 21.9 -4.1 0.0 15.0 0.0 92.5

2006 1Q 78.2 -5.4 54.3 10.1 0.0 9.0 11.8 158.0

2Q -125.3 -14.0 31.6 -3.5 0.0 19.0 0.0 -92.1

3Q -5.2 -14.4 34.1 11.6 0.0 10.6 8.2 45.0

Totals may not add due to rounding.

Nominals TIPS

Treasury Quarterly Net Marketable Borrowing 
Treasury Quarterly Net Borrowing From NonMarketable Issues 

Calendar Year $ billions

Quarter Savings Bonds Foreign Series State and Local Govt. Series Total Calendar Year

I 00 -3.3 -0.9 -3.8 -8.0 2000

II -2.7 -0.6 -1.7 -5.0

III -2.4 -0.4 -7.3 -10.1

IV -1.7 1.7 -2.3 -2.2

I 01 -2.2 -1.1 1.9 -1.4 2001

II -1.4 -0.7 0.4 -1.7

III -1.4 -2.4 -6.8 -10.6

IV 1.9 -1.0 -0.1 0.8

I 02 -0.4 0.2 -5.2 -5.5 2002

II -1.1 -0.7 1.7 -0.1

III -1.4 -0.8 1.5 -0.7

IV -0.2 -1.3 9.1 7.6

I 03 0.1 -1.5 -1.0 -2.4 2003

II 0.5 -0.6 -8.3 -8.4

III 0.4 -0.7 7.9 7.6

IV 0.5 -0.5 0.8 0.8

I 04 -1.2 -0.8 6.5 4.5 2004

II -1.5 -0.3 5.8 3.9

III -2.1 -0.6 -3.3 -6.0

IV -1.4 0.0 2.5 1.1

I 05 -1.9 0.2 18.3 16.6 2005

II -1.7 -1.6 27.7 24.4

III -2.3 0.1 18.5 16.3

IV -0.2 0.7 10.3 10.7

I 06 -1.1 -0.4 -0.7 -2.2 2006

II -2.7 -0.4 7.2 4.1

III -3.6 0.0 -3.2 -6.8
THE AVERAGE MATURITY OF TOTAL OUTSTANDING MARKETABLE DEBT AND 

A 1-YEAR MOVING AVERAGE OF THE AVERAGE MATURITY OF ISSUANCE

CIM Average Maturity 

1-Yr Moving Average Total Outstanding

(months) (months)

12/31/80 73.92 48.39

3/31/81 73.21 48.106/30/81 73.59 49.979/30/81 76.38 50.54

12/31/81 77.34 50.18

3/31/82 77.28 50.096/30/82 63.57 49.699/30/82 56.92 48.80

12/31/82 54.85 47.06

3/31/83 55.57 47.486/30/83 69.27 48.459/30/83 77.91 49.70

12/31/83 82.90 50.98

3/31/84 84.39 51.916/30/84 85.78 53.349/30/84 85.93 53.90

12/31/84 85.62 55.33

3/31/85 87.02 55.776/30/85 87.55 57.009/30/85 88.83 58.19

12/31/85 89.54 58.71

3/31/86 89.30 60.106/30/86 89.51 61.139/30/86 88.80 61.74

12/31/86 88.55 62.15

3/31/87 87.85 63.856/30/87 87.60 65.149/30/87 88.28 66.17

12/31/87 82.59 65.63

3/31/88 82.48 66.016/30/88 82.30 67.159/30/88 66.77 65.97

12/31/88 73.57 66.51

3/31/89 73.17 66.786/30/89 73.64 68.199/30/89 89.63 69.07

12/31/89 89.12 68.95

3/31/90 89.85 68.896/30/90 89.27 69.449/30/90 87.40 69.07

12/31/90 85.68 67.91

3/31/91 85.05 68.466/30/91 84.66 69.409/30/91 84.21 68.31

12/31/91 84.66 67.94

3/31/92 82.20 67.276/30/92 79.70 67.509/30/92 77.38 67.22

12/31/92 75.29 66.78
3/31/93 74.43 66.77

6/30/93 72.52 66.589/30/93 73.37 66.80

12/31/93 60.98 64.68

3/31/94 62.11 64.556/30/94 51.37 64.189/30/94 51.43 64.27

12/31/94 51.28 62.81

3/31/95 51.26 62.056/30/95 51.18 61.279/30/95 51.76 61.72

12/31/95 51.87 60.36

3/31/96 52.37 60.096/30/96 52.44 60.369/30/96 50.34 60.58

12/31/96 62.21 60.93

3/31/97 60.32 60.936/30/97 61.29 61.969/30/97 62.09 62.39

12/31/97 63.28 62.52

3/31/98 64.64 63.116/30/98 74.90 65.149/30/98 83.89 66.84

12/31/98 85.12 65.11

3/31/99 87.44 65.286/30/99 87.65 67.399/30/99 80.96 68.19

12/31/99 78.40 66.88

3/31/00 78.73 67.436/30/00 67.32 69.399/30/00 63.90 70.06

12/31/00 61.73 69.42

3/31/01 62.06 68.816/30/01 62.07 70.909/30/01 60.14 68.33

12/31/01 57.78 66.01

3/31/02 41.76 64.946/30/02 40.66 63.829/30/02 32.27 62.09

12/31/02 25.48 60.47

3/31/03 25.89 58.596/30/03 26.62 57.639/30/03 27.49 57.21

12/31/03 28.42 56.30

3/31/04 29.38 54.946/30/04 30.93 55.139/30/04 33.83 55.08

12/31/04 33.41 54.31

3/31/05 36.81 53.346/30/05 36.77 54.739/30/05 35.63 54.25

12/31/05 35.83 53.36

3/31/06 44.31 52.996/30/06 44.25 54.279/30/06 54.16 55.13

9/30/07 56 55 Projected9/30/08 64 569/30/09 64 579/30/10 64 579/30/11 64 58
Distribution of Marketable Debt Outstanding

Date Bills 2-3 yrs 4-7 yrs 10 yrs Bonds TIPS

9/30/1980 32.7% 20.3% 25.7% 7.6% 13.7% 0.0%

9/30/1981 32.4% 20.7% 26.3% 6.6% 14.0% 0.0%

9/30/1982 33.5% 21.3% 24.3% 8.4% 12.5% 0.0%

9/30/1983 33.1% 23.6% 22.2% 8.9% 12.2% 0.0%

9/30/1984 30.2% 25.5% 21.2% 9.8% 13.4% 0.0%

9/30/1985 28.1% 24.6% 22.1% 10.6% 14.6% 0.0%

9/30/1986 26.2% 23.4% 24.4% 10.6% 15.4% 0.0%

9/30/1987 22.6% 23.9% 25.1% 11.9% 16.6% 0.0%

9/30/1988 22.3% 22.2% 25.7% 13.0% 16.8% 0.0%

9/30/1989 21.6% 20.7% 25.6% 14.2% 18.0% 0.0%

9/30/1990 23.1% 20.1% 24.2% 14.4% 18.2% 0.0%

9/30/1991 23.8% 20.9% 23.3% 14.2% 17.8% 0.0%

9/30/1992 23.8% 21.2% 23.8% 13.8% 17.3% 0.0%

9/30/1993 22.8% 21.5% 24.8% 13.7% 17.2% 0.0%

9/30/1994 22.7% 21.7% 25.1% 13.9% 16.6% 0.0%

9/30/1995 22.7% 21.5% 25.9% 13.9% 16.0% 0.0%

9/30/1996 22.4% 21.5% 25.8% 14.4% 16.0% 0.0%

9/30/1997 20.5% 21.4% 25.7% 15.0% 16.8% 0.7%

9/30/1998 19.2% 19.7% 25.1% 15.9% 18.4% 1.8%

9/30/1999 20.3% 17.9% 22.2% 16.8% 20.0% 2.9%

9/30/2000 20.6% 16.2% 19.9% 18.2% 21.2% 3.8%

9/30/2001 25.2% 13.3% 16.8% 19.1% 21.0% 4.6%

9/30/2002 27.8% 18.2% 13.2% 17.4% 19.0% 4.4%

9/30/2003 26.5% 23.7% 11.5% 16.8% 16.7% 4.8%

9/30/2004 25.0% 24.4% 13.6% 16.9% 14.4% 5.8%

9/30/2005 22.6% 23.9% 15.9% 17.1% 12.8% 7.5%

9/30/2006 21.4% 21.5% 18.6% 16.7% 12.6% 9.3%

9/30/2007 21.7% 21.1% 19.1% 16.0% 12.1% 9.9%

9/30/2008 19.5% 21.1% 20.2% 16.6% 11.9% 10.8%

9/30/2009 19.1% 20.9% 19.5% 16.7% 12.0% 11.8%

9/30/2010 18.4% 20.5% 19.3% 17.3% 12.3% 12.3%

9/30/2011 17.6% 19.8% 19.2% 17.7% 12.6% 13.0%
Percentage of Debt Maturing in Next 12 to 36 Months

Date

maturing in 12 

months

maturing in 24 

months

maturing in 

36 months

12/31/80 47.7% 63.0% 70.3%

3/31/81 48.2% 63.5% 70.5%

6/30/81 47.1% 62.1% 69.7%

9/30/81 46.7% 62.0% 70.4%

12/31/81 47.2% 62.2% 70.8%

3/31/82 47.4% 62.1% 70.7%

6/30/82 46.5% 62.1% 70.8%

9/30/82 46.4% 61.5% 69.5%

12/31/82 47.6% 63.1% 70.4%

3/31/83 47.2% 62.8% 69.8%

6/30/83 46.3% 62.4% 69.4%

9/30/83 45.5% 61.9% 69.1%

12/31/83 45.7% 61.0% 68.8%

3/31/84 45.3% 60.2% 68.6%

6/30/84 44.4% 59.5% 67.6%

9/30/84 44.6% 59.7% 66.9%

12/31/84 43.6% 59.5% 66.4%

3/31/85 43.5% 59.2% 65.8%

6/30/85 42.8% 58.2% 65.4%

9/30/85 42.0% 57.3% 64.9%

12/31/85 42.0% 56.8% 64.5%

3/31/86 41.4% 55.7% 63.5%

6/30/86 40.7% 55.5% 63.1%

9/30/86 39.9% 55.1% 62.7%

12/31/86 39.7% 55.0% 62.7%

3/31/87 38.0% 53.5% 61.7%

6/30/87 37.3% 52.7% 60.9%

9/30/87 36.9% 52.3% 60.8%

12/31/87 37.1% 52.3% 60.8%

3/31/88 37.0% 52.2% 60.4%

6/30/88 36.2% 51.4% 59.7%

9/30/88 36.5% 51.7% 59.9%

12/31/88 37.3% 51.9% 59.9%

3/31/89 36.8% 51.5% 59.6%

6/30/89 35.6% 50.6% 59.1%

9/30/89 36.1% 50.4% 58.9%

12/31/89 36.6% 50.5% 59.0%

3/31/90 36.7% 50.6% 59.3%

6/30/90 36.4% 50.7% 59.1%

9/30/90 36.7% 51.1% 59.6%

12/31/90 37.1% 51.8% 60.5%

3/31/91 37.1% 51.6% 60.0%

6/30/91 36.5% 50.8% 59.5%

9/30/91 36.9% 51.5% 59.8%

12/31/91 37.1% 52.0% 59.9%

3/31/92 37.5% 52.1% 59.7%

6/30/92 36.9% 51.7% 59.0%

9/30/92 36.9% 51.7% 58.6%
12/31/92 37.4% 51.7% 58.2%

3/31/93 36.9% 51.0% 58.4%

6/30/93 36.7% 50.4% 58.8%

9/30/93 36.4% 49.9% 58.7%

12/31/93 37.2% 50.3% 60.6%

3/31/94 36.8% 50.9% 60.6%

6/30/94 35.9% 51.1% 60.6%

9/30/94 35.4% 51.0% 60.9%

12/31/94 36.2% 52.2% 61.2%

3/31/95 36.8% 52.5% 62.4%

6/30/95 37.4% 52.9% 62.7%

9/30/95 37.7% 53.5% 63.6%

12/31/95 38.8% 53.7% 63.7%

3/31/96 39.2% 54.2% 63.6%

6/30/96 38.2% 53.7% 63.4%

9/30/96 37.4% 53.7% 63.1%

12/31/96 37.3% 53.7% 63.0%

3/31/97 37.7% 53.9% 63.1%

6/30/97 36.4% 52.9% 62.3%

9/30/97 36.7% 52.7% 61.7%

12/31/97 37.2% 52.8% 61.4%

3/31/98 37.3% 52.7% 60.9%

6/30/98 35.9% 51.6% 59.5%

9/30/98 35.8% 51.4% 59.2%

12/31/98 36.8% 52.1% 61.1%

3/31/99 37.6% 52.8% 61.1%

6/30/99 36.3% 51.9% 60.1%

9/30/99 36.4% 51.9% 60.8%

12/31/99 38.2% 53.5% 60.7%

3/31/00 38.9% 53.3% 61.2%

6/30/00 37.2% 51.6% 59.6%

9/30/00 37.4% 52.6% 59.8%

12/31/00 38.8% 52.7% 59.0%

3/31/01 39.4% 53.4% 58.4%

6/30/01 37.3% 51.7% 56.8%

9/30/01 40.6% 54.0% 58.4%

12/31/01 41.2% 55.0% 60.4%

3/31/02 41.6% 55.7% 60.4%

6/30/02 40.5% 56.2% 61.2%

9/30/02 40.3% 56.6% 61.1%

12/31/02 40.9% 58.4% 62.7%

3/31/03 41.9% 58.7% 63.0%

6/30/03 42.0% 58.7% 63.4%

9/30/03 41.5% 57.2% 62.6%

12/31/03 41.8% 56.6% 63.0%

3/31/04 41.5% 55.7% 62.9%

6/30/04 40.2% 54.9% 61.9%

9/30/04 39.1% 54.2% 61.6%

12/31/04 38.9% 54.4% 61.0%

3/31/05 38.9% 54.6% 61.6%

6/30/05 36.7% 52.4% 60.1%

9/30/05 36.7% 52.4% 59.9%

12/31/05 38.2% 52.0% 60.2%

3/31/06 39.0% 52.6% 61.1%

6/30/06 36.5% 50.7% 59.6%

9/30/06 36.2% 50.4% 59.7%

9/30/07 35.8% 51.1% 59.6%

9/30/08 34.7% 50.0% 58.0%

9/30/09 33.8% 48.5% 56.9%

9/30/10 32.7% 47.7% 56.4%

9/30/11 32.1% 47.0% 56.4%
Percentage Breakdown of Quarterly Issuance

ISSUANCE

Date Bills 2-3 yrs 4-7 yrs 10 yrs Bonds TIPS

12/31/80 61.2% 20.5% 10.8% 2.9% 4.6% 0.0%

3/31/81 61.6% 20.0% 10.7% 3.5% 4.3% 0.0%

6/30/81 61.2% 19.6% 11.7% 3.2% 4.2% 0.0%

9/30/81 61.0% 19.2% 12.6% 2.9% 4.3% 0.0%

12/31/81 62.7% 19.3% 11.3% 2.7% 4.0% 0.0%

3/31/82 61.3% 21.4% 10.5% 2.6% 4.1% 0.0%

6/30/82 61.2% 22.8% 9.7% 3.3% 3.0% 0.0%

9/30/82 61.0% 21.6% 11.5% 3.5% 2.4% 0.0%

12/31/82 61.3% 22.1% 11.0% 3.6% 2.1% 0.0%

3/31/83 60.0% 22.4% 11.4% 3.8% 2.4% 0.0%

6/30/83 58.0% 22.5% 12.4% 3.6% 3.5% 0.0%

9/30/83 58.1% 23.0% 10.8% 3.6% 4.4% 0.0%

12/31/83 57.0% 23.3% 10.7% 3.8% 5.2% 0.0%

3/31/84 57.0% 23.1% 10.5% 4.0% 5.4% 0.0%

6/30/84 55.4% 23.9% 10.9% 4.1% 5.7% 0.0%

9/30/84 56.4% 23.3% 10.7% 3.9% 5.6% 0.0%

12/31/84 55.7% 22.4% 12.6% 3.8% 5.6% 0.0%

3/31/85 56.4% 22.4% 11.6% 3.8% 5.7% 0.0%

6/30/85 55.7% 22.7% 11.8% 3.9% 5.9% 0.0%

9/30/85 54.9% 22.9% 11.9% 4.1% 6.1% 0.0%

12/31/85 55.1% 22.8% 11.8% 4.1% 6.2% 0.0%

3/31/86 53.9% 22.7% 12.8% 4.2% 6.3% 0.0%

6/30/86 53.7% 22.9% 12.9% 4.5% 6.0% 0.0%

9/30/86 54.0% 23.0% 12.7% 4.7% 5.6% 0.0%

12/31/86 54.6% 23.3% 11.9% 5.0% 5.2% 0.0%

3/31/87 53.0% 24.5% 12.3% 5.3% 4.9% 0.0%

6/30/87 51.8% 25.2% 12.7% 5.4% 5.0% 0.0%

9/30/87 53.5% 24.7% 11.7% 5.2% 4.9% 0.0%

12/31/87 54.4% 24.0% 12.3% 5.1% 4.2% 0.0%

3/31/88 53.8% 24.2% 12.7% 5.1% 4.3% 0.0%

6/30/88 52.8% 24.8% 12.8% 5.2% 4.4% 0.0%

9/30/88 53.9% 24.3% 13.4% 5.3% 3.0% 0.0%

12/31/88 55.4% 24.3% 11.3% 5.4% 3.6% 0.0%

3/31/89 54.6% 24.0% 12.4% 5.3% 3.6% 0.0%

6/30/89 53.5% 24.4% 12.8% 5.5% 3.8% 0.0%

9/30/89 52.9% 24.6% 12.0% 5.4% 5.2% 0.0%

12/31/89 53.1% 24.1% 12.6% 5.2% 5.0% 0.0%

3/31/90 53.9% 24.4% 11.4% 5.3% 5.1% 0.0%

6/30/90 54.4% 24.3% 11.2% 5.1% 4.9% 0.0%

9/30/90 54.9% 23.8% 11.7% 4.9% 4.7% 0.0%

12/31/90 56.6% 22.6% 11.9% 4.6% 4.4% 0.0%

3/31/91 55.7% 23.2% 12.1% 4.6% 4.4% 0.0%

6/30/91 53.2% 24.1% 13.2% 4.8% 4.6% 0.0%

9/30/91 54.1% 23.1% 13.7% 4.6% 4.5% 0.0%

12/31/91 54.3% 23.1% 13.5% 4.6% 4.5% 0.0%

3/31/92 53.7% 23.2% 14.3% 4.5% 4.3% 0.0%

6/30/92 54.5% 22.9% 14.4% 4.3% 4.0% 0.0%

9/30/92 54.6% 23.1% 14.5% 4.1% 3.7% 0.0%
12/31/92 55.3% 22.7% 14.6% 3.9% 3.5% 0.0%

3/31/93 53.8% 23.3% 15.4% 4.0% 3.5% 0.0%

6/30/93 53.4% 23.6% 15.7% 4.0% 3.3% 0.0%

9/30/93 55.3% 23.0% 14.4% 3.9% 3.3% 0.0%

12/31/93 56.7% 23.3% 13.5% 4.1% 2.4% 0.0%

3/31/94 56.5% 24.0% 12.8% 4.2% 2.5% 0.0%

6/30/94 57.1% 24.6% 12.0% 4.4% 1.8% 0.0%

9/30/94 56.3% 25.2% 12.1% 4.5% 1.8% 0.0%

12/31/94 57.5% 24.6% 11.7% 4.3% 1.8% 0.0%

3/31/95 57.9% 24.4% 11.6% 4.3% 1.8% 0.0%

6/30/95 57.9% 24.3% 11.6% 4.4% 1.8% 0.0%

9/30/95 57.6% 24.5% 11.5% 4.5% 1.9% 0.0%

12/31/95 58.0% 24.1% 11.5% 4.5% 1.9% 0.0%

3/31/96 58.4% 23.7% 11.4% 4.6% 1.9% 0.0%

6/30/96 57.7% 24.2% 11.6% 4.6% 1.9% 0.0%

9/30/96 56.5% 24.6% 12.0% 5.2% 1.8% 0.0%

12/31/96 55.7% 24.4% 12.0% 5.5% 2.5% 0.0%

3/31/97 55.0% 24.6% 12.2% 5.4% 2.4% 0.5%

6/30/97 53.3% 24.9% 12.7% 5.5% 2.5% 1.2%

9/30/97 54.2% 24.0% 12.6% 4.8% 2.5% 1.9%

12/31/97 55.0% 23.3% 12.4% 4.2% 2.6% 2.6%

3/31/98 54.8% 22.8% 12.6% 4.3% 2.7% 2.7%

6/30/98 54.4% 22.4% 13.0% 4.6% 2.8% 2.9%

9/30/98 55.6% 22.0% 11.8% 4.7% 3.0% 2.9%

12/31/98 58.7% 20.9% 10.1% 4.6% 2.9% 2.9%

3/31/99 58.6% 21.8% 8.7% 4.8% 3.1% 3.1%

6/30/99 59.5% 22.3% 7.0% 4.9% 3.2% 3.1%

9/30/99 60.9% 21.7% 6.6% 4.9% 3.0% 2.9%

12/31/99 62.6% 21.2% 6.6% 4.8% 2.0% 2.8%

3/31/00 62.6% 21.2% 6.5% 5.1% 2.1% 2.6%

6/30/00 62.7% 21.4% 6.6% 5.0% 2.2% 2.1%

9/30/00 64.0% 20.9% 6.4% 5.0% 1.8% 1.9%

12/31/00 66.4% 19.5% 6.0% 4.7% 1.7% 1.7%

3/31/01 67.0% 18.9% 5.9% 4.7% 1.7% 1.7%

6/30/01 66.5% 18.9% 6.2% 4.9% 1.8% 1.7%

9/30/01 69.5% 17.8% 5.3% 4.3% 1.6% 1.5%

12/31/01 68.9% 19.1% 5.0% 4.3% 1.4% 1.4%

3/31/02 67.0% 22.1% 5.1% 4.1% 0.4% 1.3%

6/30/02 63.2% 25.7% 5.5% 4.0% 0.4% 1.2%

9/30/02 61.5% 26.8% 6.0% 4.2% 0.0% 1.5%

12/31/02 60.9% 27.1% 6.1% 4.3% 0.0% 1.6%

3/31/03 61.5% 26.1% 6.5% 4.4% 0.0% 1.5%

6/30/03 59.4% 27.2% 7.0% 4.8% 0.0% 1.5%

9/30/03 57.6% 27.7% 7.6% 5.6% 0.0% 1.5%

12/31/03 55.5% 28.0% 8.9% 6.1% 0.0% 1.6%

3/31/04 55.1% 27.4% 9.5% 6.2% 0.0% 1.8%

6/30/04 52.9% 27.8% 10.4% 6.7% 0.0% 2.3%

9/30/04 54.1% 26.7% 10.5% 6.0% 0.0% 2.7%

12/31/04 54.5% 26.1% 10.4% 5.6% 0.0% 3.4%

3/31/05 55.6% 25.2% 10.1% 5.3% 0.0% 3.8%

6/30/05 52.4% 26.6% 10.8% 5.6% 0.0% 4.6%

9/30/05 52.9% 26.3% 10.8% 5.7% 0.0% 4.4%

12/31/05 56.4% 23.7% 10.4% 5.5% 0.0% 4.0%

3/31/06 57.4% 23.0% 9.8% 5.1% 0.8% 3.8%

6/30/06 54.4% 24.3% 10.9% 5.4% 0.9% 4.1%

9/30/06 54.6% 23.3% 10.4% 5.5% 1.8% 4.4%
$ billions Total 

Bills

2-under 

5 years 5-10 years

Over 10 

years Buybacks Total 5-10yr 20-30yr Total

Bills & 

Coupons

FY 1998 -64.3 -60.1 -52.9 34.3 0.0 -78.8 16.8 16.8 33.6 -109.4

1999 15.4 -77.0 -103.3 33.3 0.0 -147.1 24.3 7.4 31.7 -100.0

2000 -37.1 -85.3 -100.9 12.8 -21.3 -194.6 11.3 7.4 18.7 -213.0

2001 118.7 -104.6 -105.2 11.4 -33.8 -232.0 11.0 5.0 16.0 -97.3

2002 133.4 218.5 -129.8 -7.7 -12.5 68.4 -2.9 5.0 2.1 203.9

2003 50.0 269.0 8.9 -16.1 0.0 261.8 24.0 0.0 24.0 335.7

2004 43.3 117.6 192.5 -24.9 0.0 285.2 40.0 11.0 51.0 379.5

2005 -47.3 57.7 161.6 -31.3 0.0 187.9 58.0 17.0 75.0 215.6

2006 -2.7 -23.6 142.0 14.0 0.0 132.4 53.6 20.0 73.6 203.2

2007 89 0.3 147 23 171 36 19 55 314

2008 -62 41 150 16 207 34 18 53 197

2009 18 30 44 29 102 37 19 55 175

2010 -1 15 78 33 127 10 19 29 154

2011 -11 -4 82 37 115 30 20 50 154

Totals may not add due to rounding.

Nominal Coupons TIPS

Treasury Annual Net Marketable Borrowing
FY 07 Deficit Estimates $ billions

Primary Dealers* CBO OMB

Current: 280 286 339

Range based on average absolute forecast error 180-380 191-381 242-436

Estimates as of: Oct 06 Aug 06 July 06

Note: Ranges based on errors from 1997-2006.

* Primary Dealers reflect average estimate.
Financing Residuals Given Current Issuance Pattern

$ billions, Fiscal Year

Budget estimates 2007 2008 2009 2010 2011

line Plus average absolute error in OMB estimate 396 327 369 407 484

OMB FY2007 MSR--- Net Financing 348 207 176 142 147

Minus average absolute error in OMB estimate 300 87 -18 -124 -190

Note: (+) Deficit, (-) Surplus

Estimated financing changes from current pattern

bar Plus average absolute error in OMB estimate 190 135 253 289 351

OMB FY2007 MSR--- Net Financing residual 142 15 60 24 14

Minus average absolute error in OMB estimate 94 -105 -133 -241 -323

note: (-) implies less financing required

 (+) implies more financing required 

Assumes current coupon issuance pattern and issuance amount--Weekly bill issuance at levels required to maintain outstanding

FY $ amounts nearly equal to September 30, 2006 total outstanding.

Potential errors were estimated with a linear least-squares regression using OMB’s budget forecasts since the 

1989 Budget and OMB’s Mid-Sessions Reviews since the MSR for the 1998 Budget. 
Calendar Estimated foreign holdings Foreign and International Institutional Holdings at FRBNY

 Quarter as % of private. 2/ as % of private. 3/

1993 1Q 20% 10%

2Q 20% 11%

3Q 21% 11%

4Q 21% 11%

1994 1Q 21% 12%

2Q 21% 12%

3Q 22% 13%

4Q 21% 13%

1995 1Q 22% 13%

2Q 23% 14%

3Q 25% 15%

4Q 25% 15%

1996 1Q 27% 16%

2Q 28% 16%

3Q 29% 17%

4Q 32% 18%

1997 1Q 34% 19%

2Q 35% 19%

3Q 36% 19%

4Q 36% 18%

1998 1Q 36% 18%

2Q 38% 18%

3Q 37% 17%

4Q 38% 18%

1999 1Q 38% 18%

2Q 39% 19%

3Q 40% 19%

4Q 39% 20%

2000 1Q 35% 20%

2Q 36% 21%

3Q 36% 21%

4Q 36% 20%

2001 1Q 36% 21%

2Q 37% 21%

3Q 36% 22%

4Q 37% 21%

2002 1Q 37% 21%

2Q 40% 22%

3Q 41% 22%

4Q 41% 23%

2003 1Q 42% 23%

2Q 44% 24%

3Q 45% 24%

4Q 45% 26%

2004 1Q 48% 27%

2Q 49% 28%

3Q 50% 29%

4Q 50% 29%

2005 1Q 51% 28%

2Q 49% 29%

3Q 50% 28%

4Q 51% 28%

2006 1Q 51% 27%

2Q 52% 28%

3Q* 52% 28%

1/ Privately held debt excludes holdings of the Federal Reserve System.

2/ Series for estimated foreign holdings. See www.treas.gov/tic/index.html for source data.

3/ Source: Federal Reserve Bank of New York statistical release H4.1.

* Estimated foreign holdings data through August 31, 2006.

 FOREIGN HOLDINGS AS A PERCENT OF TOTAL PRIVATELY HELD PUBLIC DEBT 1/
$ billions

End of Month Short-term Treasuries Commercial paper + open market paper Money Market Short-term Treasuries % of total

Mar-85 552.1 317.9 869.9 63%

Jun-85 561.3 326.9 888.2 63%

Sep-85 571.2 343.5 914.6 62%

Dec-85 597.5 358.5 956.0 62%

Mar-86 603.6 359.8 963.4 63%

Jun-86 609.3 374.3 983.7 62%

Sep-86 618.6 388.9 1007.4 61%

Dec-86 637.2 384.9 1022.1 62%

Mar-87 615.8 396.2 1012.0 61%

Jun-87 612.7 414.6 1027.3 60%

Sep-87 613.5 421.2 1034.6 59%

Dec-87 634.4 437.9 1072.3 59%

Mar-88 644.6 447.5 1092.1 59%

Jun-88 635.2 474.8 1110.0 57%

Sep-88 653.4 484.7 1138.0 57%

Dec-88 673.3 513.4 1186.7 57%

Mar-89 682.6 543.0 1225.7 56%

Jun-89 663.7 562.2 1225.9 54%

Sep-89 677.2 569.6 1246.8 54%

Dec-89 705.8 579.2 1285.0 55%

Mar-90 727.5 594.4 1321.9 55%

Jun-90 732.3 594.0 1326.3 55%

Sep-90 762.5 612.9 1375.3 55%

Dec-90 808.2 609.9 1418.1 57%

Mar-91 820.7 607.8 1428.5 57%

Jun-91 823.4 583.6 1407.0 59%

Sep-91 876.0 572.0 1448.0 60%

Dec-91 911.8 565.9 1477.7 62%

Mar-92 951.2 574.1 1525.3 62%

Jun-92 954.9 579.9 1534.8 62%

Sep-92 981.5 583.6 1565.0 63%

Dec-92 1024.0 579.0 1603.0 64%

Mar-93 1029.6 565.5 1595.1 65%

Jun-93 1044.3 572.0 1616.3 65%

Sep-93 1052.7 568.2 1620.9 65%

Dec-93 1105.7 580.0 1685.7 66%

Mar-94 1115.7 582.1 1697.8 66%

Jun-94 1089.3 588.0 1677.3 65%

Sep-94 1087.9 599.2 1687.1 64%

Dec-94 1125.4 623.5 1748.9 64%

Mar-95 1182.5 654.7 1837.3 64%

Jun-95 1210.9 673.8 1884.7 64%

Sep-95 1224.1 692.7 1916.9 64%

Dec-95 1278.7 700.4 1979.0 65%

Mar-96 1315.8 717.6 2033.4 65%

Jun-96 1273.9 753.6 2027.4 63%

Sep-96 1274.3 777.4 2051.7 62%

Dec-96 1285.1 803.0 2088.0 62%

Mar-97 1314.2 861.1 2175.3 60%

Jun-97 1243.7 893.1 2136.8 58%

Sep-97 1256.4 925.7 2182.1 58%

Dec-97 1279.5 979.4 2259.0 57%

Mar-98 1286.7 1074.8 2361.5 54%

Jun-98 1204.0 1112.7 2316.7 52%

Sep-98 1186.8 1165.1 2351.9 50%

Dec-98 1230.4 1172.6 2403.0 51%

Mar-99 1257.5 1227.6 2485.1 51%

Jun-99 1173.5 1243.3 2416.9 49%

Sep-99 1170.2 1284.5 2454.6 48%

Dec-99 1247.8 1402.4 2650.3 47%

 as a Percentage of the Money Market

Treasury Securities with 1 Year or Less Remaining to Maturity or Call 
$ billions

End of Month Short-term Treasuries Commercial paper + open market paper Money Market Short-term Treasuries % of total

 as a Percentage of the Money Market

Mar-00 1261.4 1478.1 2739.6 46%

Jun-00 1136.0 1534.3 2670.2 43%

Sep-00 1115.0 1570.8 2685.9 42%

Dec-00 1145.2 1614.0 2759.2 42%

Mar-01 1182.2 1610.5 2792.7 42%

Jun-01 1060.8 1561.8 2622.6 40%

Sep-01 1185.0 1531.9 2716.9 44%

Dec-01 1221.8 1571.1 2792.9 44%

Mar-02 1256.5 1519.1 2775.6 45%

Jun-02 1228.9 1462.7 2691.6 46%

Sep-02 1259.7 1456.8 2716.5 46%

Dec-02 1307.4 1507.6 2815.1 46%

Mar-03 1387.6 1491.9 2879.5 48%

Jun-03 1418.6 1480.4 2899.0 49%

Sep-03 1436.1 1439.0 2875.2 50%

Dec-03 1492.6 1432.5 2925.1 51%

Mar-04 1543.2 1471.2 3014.3 51%

Jun-04 1510.8 1446.6 2957.4 51%

Sep-04 1504.0 1450.4 2954.5 51%

Dec-04 1533.6 1567.2 3100.8 49%

Mar-05 1590.1 1606.2 3196.3 50%

Jun-05 1474.8 1668.5 3143.4 47%

Sep-05 1494.4 1744.1 3238.6 46%

Dec-05 1578.1 1833.9 3412.0 46%

Mar-06 1686.5 1901.3 3587.7 47%

Jun-06 1547.1 1960.9 3508.0 44%

*Money market = Treasury bills, commerical paper, and bankers acceptances. 

SOURCE = Federal Reserve, Flow of Funds Z.1
Treasury Auction Release Times

November 2005 - October 2006

(In Minutes and Seconds)

Auction Date Security Type Release Time Auction Date Security Type Release Time

11/01/05 4-WEEK 01:38 05/01/06 13-WEEK 01:40

11/07/05 1-DAY 01:37 05/01/06 26-WEEK 01:47

11/07/05 13-WEEK 01:44 05/02/06 4-WEEK 01:38

11/07/05 26-WEEK 01:53 05/08/06 13-WEEK 01:40

11/08/05 4-WEEK 01:38 05/08/06 26-WEEK 01:46

11/08/05 3-YEAR 01:37 05/09/06 4-WEEK 01:39

11/09/05 5-YEAR 01:37 05/09/06 3-YEAR 01:35

11/10/05 10-YEAR 01:37 05/11/06 10-YEAR 01:38

11/14/05 13-WEEK 01:35 05/15/06 13-WEEK 01:42

11/14/05 26-WEEK 01:43 05/15/06 26-WEEK 01:41

11/15/05 4-WEEK 01:42 05/16/06 4-WEEK 01:36

11/21/05 13-WEEK 01:42 05/22/06 13-WEEK 01:41

11/21/05 26-WEEK 01:45 05/22/06 26-WEEK 01:39

11/22/05 4-WEEK 01:41 05/23/06 4-WEEK 01:39

11/23/05 2-YEAR 01:40 05/24/06 2-YEAR 01:40

11/28/05 13-WEEK 01:50 05/25/06 5-Year 01:39

11/28/05 26-WEEK 01:53 05/30/06 13-DAY 01:38

11/29/05 14-DAY 01:39 05/30/06 13-WEEK 01:36

11/29/05 4-WEEK 01:44 05/30/06 26-WEEK 01:40

11/30/05 13-DAY 01:40 05/31/06 4-WEEK 01:42

12/05/05 13-WEEK 01:46 06/05/06 13-DAY 01:39

12/05/05 26-WEEK 01:47 06/05/06 13-WEEK 01:38

12/06/05 4-WEEK 01:40 06/05/06 26-WEEK 01:41

12/07/05 7-DAY 01:39 06/06/06 4-WEEK 01:36

12/07/05 5-YEAR 01:41 06/08/06 9-YEAR 11-MONTH 01:37

12/08/05 9-YR 11-MO 01:38 06/12/06 13-WEEK 01:40

12/12/05 13-WEEK 01:33 06/12/06 26-WEEK 01:38

12/12/05 26-WEEK 01:46 06/13/06 4-WEEK 01:37

12/13/05 4-WEEK 01:35 06/19/06 13-WEEK 01:42

12/19/05 13-WEEK 01:41 06/19/06 26-WEEK 01:38

12/19/05 26-WEEK 01:48 06/20/06 4-WEEK 01:37

12/20/05 4-WEEK 01:39 06/26/06 13-WEEK 01:40

12/27/05 13-WEEK 01:53 06/26/06 26-WEEK 01:36

12/27/05 26-WEEK 01:42 06/27/06 4-WEEK 01:36

12/28/05 4-WEEK 01:37 06/27/06 2-YEAR 01:37

12/29/05 14-DAY 01:39 06/28/06 5-YEAR 01:37

12/29/05 2-YEAR 01:41 07/03/06 13-WEEK 01:39

01/03/06 13-WEEK 01:43 07/03/06 26-WEEK 01:43

01/03/06 26-WEEK 01:52 07/05/06 4-WEEK 01:38

01/04/06 4-WEEK 01:40 07/10/06 13-WEEK 01:38

01/09/06 13-WEEK 01:40 07/10/06 26-WEEK 01:48

01/09/06 26-WEEK 01:48 07/11/06 4-WEEK 01:39

01/10/06 4-WEEK 01:38 07/13/06 10-YEAR TIPS 01:38

01/11/06 5-YEAR 01:38 07/17/06 13-WEEK 01:46

01/12/06 10-YEAR TIPS 01:36 07/17/06 26-WEEK 01:46

01/17/06 13-WEEK 01:45 07/18/06 4-WEEK 01:41

01/17/06 26-WEEK 01:42 07/24/06 13-WEEK 01:45

01/18/06 4-WEEK 01:40 07/24/06 26-WEEK 01:44

01/23/06 13-WEEK 01:47 07/25/06 4-WEEK 01:38

01/23/06 26-WEEK 01:45 07/25/06 9-YEAR 11-MONTH TIPS 01:37

01/24/06 4-WEEK 01:39 07/26/06 2-YEAR 01:37

01/24/06 20-YEAR TIPS 01:39 07/27/06 5-YEAR 01:45

01/25/06 2-YEAR 01:38 07/31/06 13-WEEK 01:37

01/30/06 13-WEEK 01:41 07/31/06 26-WEEK 01:44

01/30/06 26-WEEK 01:47 08/01/06 4-WEEK 01:38

01/31/06 4-WEEK 01:39 08/07/06 13-WEEK 01:38

02/06/06 13-WEEK 01:36 08/07/06 26-WEEK 01:39

02/06/06 26-WEEK 01:45 08/07/06 3-YEAR 01:35

02/07/06 4-WEEK 01:40 08/08/06 4-WEEK 01:38

02/07/06 3-YEAR 01:39 08/09/06 10-YEAR 01:36

02/08/06 10-YEAR 01:39 08/10/06 29-YEAR 6-MONTH 01:40

02/09/06 30-YEAR 01:43 08/14/06 13-WEEK 01:41

02/13/06 13-WEEK 01:42 08/14/06 26-WEEK 01:39

02/13/06 26-WEEK 01:42 08/15/06 4-WEEK 01:38

02/14/06 4-WEEK 01:40 08/21/06 13-WEEK 01:40

02/21/06 13-WEEK 01:40 08/21/06 26-WEEK 01:42

02/21/06 26-WEEK 01:42 08/22/06 4-WEEK 01:37

02/22/06 4-WEEK 01:38 08/28/06 13-WEEK 01:39

02/22/06 2-YEAR 01:34 08/28/06 26-WEEK 01:45

02/23/06 5-YEAR 01:38 08/29/06 4-WEEK 01:38

02/27/06 13-WEEK 01:41 08/29/06 2-YEAR 01:39

02/27/06 26-WEEK 01:44 08/30/06 14-DAY 01:40

02/28/06 4-WEEK 01:38 08/30/06 5-YEAR 01:38

03/01/06 12-DAY 01:43 09/05/06 8-DAY 01:39

03/06/06 13-WEEK 01:45 09/05/06 13-WEEK 01:35

03/06/06 26-WEEK 01:38 09/05/06 26-WEEK 01:44

03/07/06 6-DAY 01:42 09/06/06 4-WEEK 01:38
03/07/06 4-WEEK 01:36 09/11/06 13-WEEK 01:40

03/09/06 9-YEAR 11-MONTH 01:44 09/11/06 26-WEEK 01:37

03/13/06 13-WEEK 01:41 09/12/06 4-WEEK 01:36

03/13/06 26-WEEK 01:40 09/12/06 9-YEAR 11-MONTH 01:39

03/14/06 1-DAY 01:39 09/13/06 1-DAY 01:38

03/14/06 4-WEEK 01:35 09/18/06 13-WEEK 01:46

03/20/06 13-WEEK 01:40 09/18/06 26-WEEK 01:49

03/20/06 26-WEEK 01:40 09/19/06 4-WEEK 01:35

03/21/06 4-WEEK 01:38 09/25/06 13-WEEK 01:36

03/27/06 13-WEEK 01:39 09/25/06 26-WEEK 01:49

03/27/06 26-WEEK 01:41 09/26/06 4-WEEK 01:37

03/27/06 2-YEAR 01:39 09/27/06 2-YEAR 01:36

03/28/06 4-WEEK 01:41 09/28/06 13-WEEK 01:41

03/29/06 5-YEAR 01:44 10/02/06 26-WEEK 01:40

03/30/06 14-DAY 01:40 10/02/06 4-WEEK 01:45

04/03/06 13-WEEK 01:43 10/03/06 13-WEEK 01:39

04/03/06 26-WEEK 01:46 10/10/06 26-WEEK 01:38

04/04/06 4-WEEK 01:36 10/10/06 4-WEEK 01:41

04/05/06 11-DAY 01:35 10/11/06 9-YEAR 9-MONTH TIPS 01:37

04/06/06 10-DAY 01:41 10/12/06 13-WEEK 01:40

04/10/06 13-WEEK 01:53 10/16/06 26-WEEK 01:41

04/10/06 26-WEEK 01:48 10/16/06 4-WEEK 01:46

04/11/06 4-WEEK 01:36 10/17/06 13-WEEK 01:39

04/12/06 4-DAY 01:42 10/23/06 26-WEEK 01:37

04/12/06 9-YEAR 9-MONTH TIPS 01:39 10/23/06 4-YEAR 6-MONTH TIPS 01:39

04/17/06 13-WEEK 01:38 10/23/06 4-WEEK 01:35

04/17/06 26-WEEK 01:45 10/24/06 2-YEAR 01:38

04/18/06 4-WEEK 01:39 10/24/06 5-Year 01:38

04/24/06 13-WEEK 01:38 10/26/06 5-Year 01:37

04/24/06 26-WEEK 01:40

04/25/06 4-WEEK 01:40

04/25/06 5-YEAR TIPS 01:39

04/26/06 2-YEAR 01:40

04/27/06 5-YEAR 01:40