Treasury Financing Requirements 

January--March 2002 

$ billions USES SOURCES 

Deficit 1/ 86 

Nonmarketables 5 

Marketables 53 

Decrease in Cash Balance 38 

Total 91 91 

1/ Includes budget results, direct loan activity, changes in accrued interest 

and checks outstanding and minor miscellaneous transactions. 

Totals may not add due to rounding. 
Treasury Financing Requirements 

April--June 2002 

$ billions USES SOURCES 

Increase in Cash Balance 1/ 31 

Marketables 1 

Nonmarketables 1 

Surplus 2/ 29 

Total 31 31 

1/ Assumes a June 30, 2002 cash balance of $45 billion. 

2/ Includes budget results, direct loan activity, changes in accrued interest 

and checks outstanding and minor miscellaneous transactions. 
NET MARKET BORROWING

April-June 2002

Done 1/ $ billion

Bills 

Regular weekly -43.3 

Coupons 

2 year notes 30.9 

5 year notes -40.5 

Buybacks -4.0 

Total -56.9 

To be done 

Financing 58.2 

Total for the quarter 2/ 1.3 

1/ Issued or announced through April 26, 2002. 

2/ Assumes a June 30, 2002 cash balance of $45 billion. 
TREASURY OPERATING CASH BALANCE 

Daily 

$ billions 

Date FEDERAL RESERVE TAX AND LOAN TOTAL 

12/29/00 5.1 0.0 5.1 

1/2/01 7.0 31.8 38.9 

1/3/01 3.8 15.3 19.1 

1/4/01 4.6 12.9 17.4 

1/5/01 4.3 11.1 15.4 

1/8/01 6.3 13.4 19.7 

1/9/01 4.7 15.3 20.0 

1/10/01 5.2 16.6 21.8 

1/11/01 6.7 18.7 25.4 

1/12/01 5.8 22.8 28.6 

1/16/01 7.9 19.5 27.4 

1/17/01 8.0 27.0 35.0 

1/18/01 7.2 37.9 45.2 

1/19/01 6.7 44.1 50.8 

1/22/01 7.2 54.1 61.3 

1/23/01 7.7 59.6 67.2 

1/24/01 7.4 64.5 71.8 

1/25/01 8.0 67.7 75.6 

1/26/01 7.3 68.7 76.0 

1/29/01 14.5 67.8 82.2 

1/30/01 12.7 68.4 81.1 

1/31/01 5.3 61.6 66.8 

2/1/01 6.0 45.8 51.8 

2/2/01 4.5 23.6 28.0 

2/5/01 4.8 25.4 30.2 

2/6/01 5.8 21.2 27.0 

2/7/01 3.9 26.6 30.5 

2/8/01 5.2 25.4 30.6 

2/9/01 4.7 17.6 22.3 

2/12/01 4.4 24.6 29.0 

2/13/01 4.7 23.4 28.1 

2/14/01 6.7 24.6 30.2 

2/15/01 4.8 9.9 29.5 

2/16/01 5.4 5.0 10.4 

2/20/01 3.4 11.6 15.0 

2/21/01 4.1 8.7 12.8 

2/22/01 5.1 10.5 15.6 

2/23/01 4.6 5.2 4.6 

2/26/01 5.5 8.1 13.6 

2/27/01 4.8 6.7 11.4 

2/28/01 5.0 16.2 21.1 

3/1/01 5.3 7.8 13.1 

3/2/01 4.9 7.4 12.3 

3/5/01 4.9 6.7 11.5 

3/6/01 4.9 3.2 8.2 

3/7/01 5.1 6.2 11.3 

3/8/01 5.2 3.3 8.6 

3/9/01 4.3 1.1 5.4 

3/12/01 5.6 6.8 12.4 

3/13/01 5.8 4.7 10.6 

3/14/01 4.6 8.8 13.4 

3/15/01 6.9 0.0 6.9 

3/16/01 8.3 4.5 12.7 

3/19/01 5.8 9.5 15.3 

3/20/01 4.8 7.8 12.6 

3/21/01 4.7 9.8 14.5 

3/22/01 4.1 4.2 8.3 

3/23/01 4.9 0.4 5.4 

3/26/01 4.7 2.3 7.0 

3/27/01 4.1 0.5 4.5 

3/28/01 4.8 0.1 4.9 

3/29/01 7.5 32.6 40.1 

3/30/01 5.7 22.6 28.3 

4/2/01 4.7 1.8 6.5 

4/3/01 5.4 11.9 17.2 

4/4/01 5.1 15.0 20.1 

4/5/01 5.1 2.8 7.9 

4/6/01 5.1 1.6 6.6 

4/9/01 4.5 6.9 11.5 
4/10/01 5.2 6.1 11.3 

4/11/01 5.1 8.9 14.0 

4/12/01 4.8 2.9 7.7 

4/13/01 4.9 7.7 12.6 

4/16/01 6.0 7.8 13.8 

4/17/01 6.2 18.2 24.4 

4/18/01 6.8 27.8 34.6 

4/19/01 8.1 0.9 9.0 

4/20/01 6.4 11.7 18.1 

4/23/01 6.6 4.4 11.0 

4/24/01 6.8 28.3 35.6 

4/25/01 7.3 44.6 51.9 

4/26/01 8.0 49.4 57.4 

4/27/01 7.5 59.4 66.9 

4/30/01 7.9 57.2 65.1 

5/1/01 7.0 59.3 66.3 

5/2/01 5.7 67.6 73.3 

5/3/01 5.4 36.4 41.8 

5/4/01 5.1 38.0 43.1 

5/7/01 5.1 40.9 46.0 

5/8/01 5.2 40.8 46.0 

5/9/01 4.4 42.3 46.7 

5/10/01 5.9 34.4 40.3 

5/11/01 5.4 33.2 38.7 

5/14/01 3.7 37.4 41.1 

5/15/01 5.0 12.9 17.9 

5/16/01 5.3 18.9 24.2 

5/17/01 5.1 15.9 21.0 

5/18/01 5.1 16.3 21.4 

5/21/01 4.8 17.4 22.3 

5/22/01 5.0 14.3 19.3 

5/23/01 4.8 13.9 18.7 

5/24/01 5.1 11.9 17.0 

5/25/01 5.5 10.5 15.9 

5/29/01 4.8 13.3 18.2 

5/30/01 4.3 12.5 16.8 

5/31/01 4.4 1.9 6.3 

6/1/01 4.8 3.2 8.0 

6/4/01 4.9 5.0 9.9 

6/5/01 4.0 0.8 4.9 

6/6/01 5.9 3.2 9.1 

6/7/01 4.0 4.9 8.9 

6/8/01 5.1 4.1 9.2 

6/11/01 5.4 7.2 12.6 

6/12/01 4.9 7.2 12.2 

6/13/01 4.7 9.6 14.3 

6/14/01 4.9 2.9 7.8 

6/15/01 3.6 0.4 4.0 

6/18/01 7.2 7.3 14.5 

6/19/01 6.6 14.4 21.0 

6/20/01 6.8 22.1 28.9 

6/21/01 7.8 29.1 37.0 

6/22/01 6.3 32.9 39.2 

6/25/01 7.0 35.5 42.5 

6/26/01 6.6 34.4 41.0 

6/27/01 6.9 35.5 42.4 

6/28/01 6.9 42.1 48.9 

6/29/01 7.2 36.5 43.7 

7/2/01 5.3 13.1 18.4 

7/3/01 5.7 3.8 9.5 

7/5/01 5.1 13.5 18.7 

7/6/01 4.6 11.9 16.5 

7/9/01 4.7 14.9 19.7 

7/10/01 4.6 12.6 17.2 

7/11/01 5.4 13.0 18.5 

7/12/01 5.3 5.5 10.8 

7/13/01 4.6 7.2 11.7 

7/16/01 4.8 18.8 23.6 

7/17/01 5.1 18.4 23.5 

7/18/01 5.6 20.2 25.8 

7/19/01 5.5 26.8 32.3 

7/20/01 4.6 26.6 31.2 

7/23/01 5.4 27.7 33.2 
7/24/01 4.9 26.3 31.3 

7/25/01 4.7 27.1 31.8 

7/26/01 5.4 33.8 39.2 

7/27/01 5.1 35.9 41.0 

7/30/01 6.2 37.3 43.5 

7/31/01 5.6 17.5 23.1 

8/1/01 4.1 9.7 13.8 

8/2/01 5.5 26.2 31.7 

8/3/01 4.1 6.1 10.2 

8/6/01 4.5 6.3 10.8 

8/7/01 5.4 1.5 7.0 

8/8/01 4.8 1.8 6.6 

8/9/01 4.9 17.6 22.5 

8/10/01 5.4 17.9 23.3 

8/13/01 5.3 21.3 26.6 

8/14/01 5.1 20.7 25.8 

8/15/01 4.1 14.2 18.3 

8/16/01 5.2 35.8 41.0 

8/17/01 5.5 33.3 38.8 

8/20/01 5.1 32.8 37.9 

8/21/01 5.2 30.7 35.8 

8/22/01 5.1 32.0 37.1 

8/23/01 5.5 49.5 55.1 

8/24/01 4.9 50.8 55.6 

8/27/01 5.3 51.3 56.6 

8/28/01 4.9 49.5 54.4 

8/29/01 4.7 52.4 57.1 

8/30/01 6.1 49.4 55.5 

8/31/01 5.5 0.8 6.3 

9/4/01 4.1 1.5 5.6 

9/5/01 4.4 0.1 4.5 

9/6/01 5.2 5.6 10.7 

9/7/01 5.5 5.5 11.0 

9/10/01 5.2 6.2 11.5 

9/11/01 4.5 6.5 11.1 

9/12/01 6.0 5.9 11.9 

9/13/01 7.6 7.6 15.2 

9/14/01 5.1 12.7 17.9 

9/17/01 7.9 28.2 36.1 

9/18/01 7.8 31.4 39.2 

9/19/01 5.4 38.5 43.9 

9/20/01 8.9 39.4 48.3 

9/21/01 7.1 33.1 40.3 

9/24/01 8.7 40.2 48.9 

9/25/01 10.5 37.3 47.8 

9/26/01 9.7 39.1 48.8 

9/27/01 4.1 40.8 44.9 

9/28/01 9.8 34.4 44.2 

10/1/01 9.2 41.4 50.7 

10/2/01 5.4 45.0 50.4 

10/3/01 6.0 25.1 31.1 

10/4/01 4.3 19.0 23.3 

10/5/01 5.5 19.0 24.5 

10/9/01 4.2 22.6 26.9 

10/10/01 5.1 17.2 22.3 

10/11/01 5.0 23.9 28.8 

10/12/01 4.6 22.5 27.1 

10/15/01 4.6 30.9 35.6 

10/16/01 4.6 34.3 38.9 

10/17/01 5.0 34.9 39.9 

10/18/01 4.9 29.0 33.9 

10/19/01 5.9 31.4 37.2 

10/22/01 5.1 33.8 38.9 

10/23/01 5.2 32.8 38.0 
10/24/01 4.3 31.2 35.5 

10/25/01 5.2 30.4 35.6 

10/26/01 5.4 29.7 35.2 

10/29/01 4.4 31.9 36.3 

10/30/01 4.8 29.8 34.6 

10/31/01 5.1 22.5 27.6 

11/1/01 6.5 20.5 27.0 

11/2/01 4.6 1.8 6.4 

11/5/01 5.1 2.5 7.7 

11/6/01 4.4 0.1 4.4 

11/7/01 5.2 3.5 8.7 

11/8/01 5.3 19.0 24.3 

11/9/01 4.6 17.8 22.4 

11/13/01 3.8 20.2 24.0 

11/14/01 5.3 15.8 21.1 

11/15/01 5.0 18.1 23.1 

11/16/01 6.5 23.4 29.9 

11/19/01 5.0 24.5 29.5 

11/20/01 5.2 21.5 26.7 

11/21/01 4.6 23.2 27.9 

11/23/01 5.2 46.1 51.3 

11/26/01 5.6 46.2 51.8 

11/27/01 5.3 42.5 47.8 

11/28/01 4.3 41.1 45.4 

11/29/01 5.2 43.2 48.4 

11/30/01 6.2 24.3 30.5 

12/3/01 4.6 1.3 5.9 

12/4/01 5.2 0.5 5.8 

12/5/01 4.8 0.4 5.2 

12/6/01 5.9 6.2 12.1 

12/7/01 5.0 5.9 11.0 

12/10/01 4.9 8.2 13.2 

12/11/01 4.6 5.9 10.5 

12/12/01 4.6 6.4 10.9 

12/13/01 5.1 4.0 9.2 

12/14/01 4.5 9.3 13.8 

12/17/01 8.0 47.7 55.6 

12/18/01 7.3 48.6 55.8 

12/19/01 7.2 51.5 58.7 

12/20/01 5.2 43.8 49.0 

12/21/01 4.5 45.4 49.9 

12/24/01 4.5 52.0 56.5 

12/26/01 4.9 49.5 54.4 

12/27/01 4.5 44.7 49.2 

12/28/01 5.6 47.8 53.3 

12/31/01 6.6 45.7 52.4 

1/2/02 7.4 44.7 52.1 

1/3/02 4.6 23.2 27.8 

1/4/02 5.5 22.4 27.9 

1/7/02 4.4 25.6 30.0 

1/8/02 4.7 24.0 28.7 

1/9/02 5.1 23.7 28.8 

1/10/02 4.9 15.0 19.9 

1/11/02 5.1 15.4 20.5 

1/14/02 4.8 22.3 27.0 

1/15/02 8.4 37.6 45.9 

1/16/02 6.7 48.5 55.2 

1/17/02 7.9 35.6 43.5 

1/18/02 6.4 40.3 46.7 

1/22/02 6.3 49.5 55.8 

1/23/02 9.9 60.1 70.0 

1/24/02 7.3 59.4 66.7 

1/25/02 7.2 60.0 67.2 

1/28/02 11.6 61.4 73.0 

1/29/02 10.5 61.6 72.0 

1/30/02 13.3 61.3 74.6 

1/31/02 13.7 61.7 75.4 

2/1/02 5.1 33.4 38.5 

2/4/02 4.8 37.1 41.9 

2/5/02 4.4 32.6 36.9 

2/6/02 5.4 35.2 40.6 

2/7/02 4.5 40.0 44.5 

2/8/02 5.1 28.0 33.2 
2/11/02 5.0 31.6 36.7 

2/12/02 5.9 28.7 34.5 

2/13/02 4.1 30.1 34.2 

2/14/02 5.4 40.5 45.9 

2/15/02 5.0 23.3 28.3 

2/16/02 4.1 34.1 38.2 

2/19/02 4.9 30.3 35.2 

2/20/00 4.3 49.0 53.4 

2/21/02 4.6 34.8 39.3 

2/23/02 4.7 40.0 44.7 

2/26/02 5.2 36.7 41.9 

2/27/02 4.9 36.8 41.7 

2/28/02 5.8 38.9 44.6 

3/1/02 6.0 10.6 16.5 

3/4/02 4.3 14.4 18.6 

3/5/02 5.0 8.0 13.0 

3/6/02 5.4 11.1 16.5 

3/7/02 5.8 13.2 19.0 

3/8/02 5.0 8.0 13.0 

3/11/02 3.1 13.4 16.5 

3/12/02 4.8 9.1 14.0 

3/13/02 5.0 8.4 13.3 

3/14/02 5.8 12.3 18.2 

3/15/02 7.4 24.2 31.6 

3/18/02 7.2 36.4 43.6 

3/19/02 4.8 35.3 40.1 

3/20/02 5.6 34.5 40.1 

3/21/02 5.6 28.5 34.1 

3/22/02 5.5 23.0 28.6 

3/25/02 5.0 25.5 30.5 

3/26/02 4.2 21.6 25.9 

3/27/02 5.0 19.4 24.4 

3/28/02 6.9 8.7 15.6 

3/29/02 5.7 8.4 14.1 

4/1/02 3.8 1.1 4.9 

4/2/02 4.0 0.2 4.2 

4/3/02 6.0 1.6 7.5 

4/4/02 5.5 8.1 13.6 

4/5/02 4.9 2.2 7.1 

4/8/02 5.3 2.9 8.2 

4/9/02 4.9 1.1 6.0 

4/10/02 4.8 1.0 5.8 

4/11/02 5.7 3.0 8.7 

4/12/02 6.2 1.1 7.3 

4/15/02 6.1 5.2 11.3 

4/16/02 3.7 0.5 4.2 

4/17/02 7.7 0.6 8.3 

4/18/02 5.9 0.04 5.9 

4/19/02 8.1 1.5 9.6 

4/22/02 5.1 5.9 10.9 

4/23/02 7.5 14.1 21.6 

4/24/02 6.3 23.4 29.7 

4/25/02 7.7 4.9 12.6 

4/26/02 6.8 10.4 17.2 

5/15/02 

5/31/02 

6/15/02 

6/30/02 

-23.0 Without New Borrowing 

-44.0 Forecasted data points are semi-monthly. 

-72.0 

-13.0 
Treasury Net Market Borrowing 

$ billions 

Bills 2-under 5 years 5-10 years over 10 years Buybacks To be done Totals 

Calendar Year Quarters 

1997 1Q 8.1 13.5 17.3 5.7 44.6 

2Q -81.4 0.6 9.3 0.0 -71.5 

3Q -2.2 -0.8 6.4 3.1 6.5 

4Q 13.5 -2.1 3.0 2.6 17.0 

1998 1Q 4.7 -14.1 16.9 2.8 10.3 

2Q -79.0 -18.6 -8.7 8.4 -97.9 

3Q -3.5 -9.3 -37.1 11.1 -38.8 

4Q 53.3 -5.9 -26.5 3.1 24.0 

1999 1Q 34.5 -1.8 -29.4 2.5 5.8 

2Q -77.7 -0.1 -43.4 7.4 -113.8 

3Q 5.3 3.4 -27.4 2.8 -15.9 

4Q 83.9 0.6 -44.9 7.4 47.0 

2000 1Q 16.2 -1.6 -34.7 2.0 -2.0 -20.1 

2Q -123.4 -5.5 -49.5 -2.7 -11.0 -192.1 

3Q -13.8 -26.6 -4.8 5.8 -8.3 -47.7 

4Q 30.7 -30.9 -22.1 5.0 -8.8 -26.1 

2001 1Q 65.2 -29.2 -19.5 9.4 -8.0 17.8 

2Q -92.0 -34.1 -26.4 -1.8 -9.3 -163.4 

3Q 114.8 -10.3 -26.1 3.8 -7.8 74.4 

4Q 76.4 65.7 -84.7 3.3 -8.5 52.1 

2002 1Q 23.2 26.6 8.7 -6.0 0.0 52.5 

2Q -43.3 30.9 -40.5 0.0 -4.0 58.2 1.3 estimate 

Issued or announced through Friday, April 26, 2002 

Assumes a June 30, 2002 cash balance of $45 billion. 
Treasury Net Borrowing From NonMarketable Issues 

$ billions 

Calendar Year Savings Bonds Foreign Series State and Local Government Series Total 

I -2.7 -0.7 3.5 0.1 1997 

II -2.4 -0.8 3.1 -0.1 

III -2.4 -0.5 3.9 1.0 

IV -1.9 1.2 12.3 11.6 

I -2.7 0.2 15.1 12.6 1998 

II -2.5 -0.3 15.8 13.0 

III -2.4 -0.9 9.5 6.2 

IV -1.5 0.7 0.7 -0.1 

I -2.4 -0.8 2.3 -0.9 1999 

II -2.2 -1.3 5.1 1.6 

III -2.4 0.1 -4.5 -6.9 

IV -1.9 0.7 -2.4 -3.6 

I -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 -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 0.1 -1.0 -0.1 -1.0 

I -0.4 0.2 -5.2 -5.5 2002 

II Estimate -1.0 -0.4 2.2 0.8 
STATE & LOCAL SERIES--ISSUES, REDEMPTIONS AND NET 

END OF QUARTER 

CY Gross Issues 

1997 1Q 8.9 

2Q 9.6 

3Q 14.5 

4Q 21.3 

1998 1Q 23.5 

2Q 25.8 

3Q 21.6 

4Q 10.5 

1999 1Q 11.2 

2Q 13.1 

3Q 8.8 

4Q 6.5 

2000 1Q 4.6 

2Q 8.3 

3Q 5.0 

4Q 8.1 

2001 1Q 14.6 

2Q 15.0 

3Q 13.8 

4Q 19.1 

2002 1Q 14.1 

$billions 

Redemptions Top Panel 

5.4 

6.5 

10.6 

9.0 

8.4 

10.0 

12.1 

9.8 

8.9 

8.0 

13.3 

8.9 

8.4 

10.0 

12.3 

10.4 

12.8 

14.7 

20.6 

19.2 

19.3 

Net SLGs Bottom Panel 

1997 1Q 3.5 

2Q 3.1 

3Q 3.9 

4Q 12.3 

1998 1Q 15.1 

2Q 15.8 

3Q 9.5 

4Q 0.7 

1999 1Q 2.3 

2Q 5.1 

3Q -4.5 

4Q -2.4 

2000 1Q -3.8 

2Q -1.7 

3Q -7.3 

4Q -2.3 

2001 1Q 1.9 

2Q 0.3 

3Q -6.8 

4Q -0.1 

2002 1Q -5.2 
Quarterly Changes in Foreign and International Holdings of Marketable Treasury Securities 

Calendar Quarter $ billions 

I 56.1 1997

II 26.5

III 48.3

IV 9.9

I 8.7 1998

II 5.9

III -30.9

IV 55.3

I -5.7 1999

II -10.9

III 22.6

IV -13.1

I 7.8 2000

II -24.2

III -21.4

IV -25.4

I -2.0 2001

II -28.7

III 8.4

IV 50.8

I -15.9 2002

Data through February 28, 2002
 FOREIGN HOLDINGS AS A PERCENT OF TOTAL PRIVATELY HELD PUBLIC DEBT 1/ 

PERCENT 

Calendar Quarter 

1986 1Q 

2Q 

3Q 

4Q 

1987 1Q 

2Q 

3Q 

4Q 

1988 1Q 

2Q 

3Q 

4Q 

1989 1Q 

2Q 

3Q 

4Q 

1990 1Q 

2Q 

3Q 

4Q 

1991 1Q 

2Q 

3Q 

4Q 

1992 1Q 

2Q 

3Q 

4Q 

1993 1Q 

2Q 

3Q 

4Q 

1994 1Q 

2Q 

3Q 

4Q 

1995 1Q 

2Q 

3Q 

4Q 

1996 1Q 

2Q 

3Q 

4Q 

1997 1Q 

2Q 

3Q 

4Q 

1998 1Q 

2Q 

3Q 

4Q 

1999 1Q 

2Q 

3Q 

4Q 

2000 1Q 

2Q 

3Q 

4Q 

2001 1Q 

. 2Q

3Q

4Q

2002 1Q

15.8 

16.7 

17.1 

16.4 

16.6 

17.0 

16.6 

17.3 

18.7 

19.3 

19.0 

19.5 

19.6 

19.2 

20.0 

21.1 

21.0 

21.1 

21.0 

21.1 

20.8 

20.9 

20.3 

20.2 

20.1 

20.6 

20.2 

20.3 

20.2 

20.2 

20.7 

21.3 

21.3 

21.3 

21.8 

21.0 

21.8 

23.4 

25.0 

25.3 

26.8 

27.7 

29.3 

32.1 

33.5 

35.0 

36.2 

36.4 

36.4 

37.5 

36.9 

38.4 

38.2 

39.3 

40.4 

39.2 

40.0 

41.8 

41.7 

41.7 

41.4 

42.9 

42.2 

43.2 

42.1 

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

Data through February 28, 2002. 
Major Foreign Holders of Treasury Securities 

February 28, 2002 December 31, 2001 December 31, 2000 

$ billions As a percent of As a percent of $ billions As a percent of As a percent of $ billions As a percent of As a percent of 

Total Foreign Total Private Total Foreign Total Private Total Foreign Total Private 

Japan $332.9 27.7% 11.7% $337.8 27.7% 12.0% $335.9 28.0% 11.7% 

UK 203.3 16.9% 7.1% 202.3 16.6% 7.2% 207.3 17.3% 7.2% 

Germany 83.4 6.9% 2.9% 87.4 7.2% 3.1% 88.6 7.4% 3.1% 

China 64.4 5.4% 2.3% 66.6 5.5% 2.4% 48.3 4.0% 1.7% 

Hong Kong 52.6 4.4% 1.8% 53.8 4.4% 1.9% 44.7 3.7% 1.6% 

OPEC 50.1 4.2% 1.8% 52.0 4.3% 1.8% 52.9 4.4% 1.8% 

Korea 35.8 3.0% 1.3% 35.2 2.9% 1.2% 32.0 2.7% 1.1% 

Mexico 28.7 2.4% 1.0% 27.4 2.2% 1.0% 29.8 2.5% 1.0% 

Belgium-Luxemburg 21.3 1.8% 0.7% 21.8 1.8% 0.8% 28.9 2.4% 1.0% 

Italy 19.9 1.7% 0.7% 18.1 1.5% 0.6% 20.0 1.7% 0.7% 

Spain 19.0 1.6% 0.7% 18.2 1.5% 0.6% 21.5 1.8% 0.7% 

Taiwan 18.6 1.5% 0.7% 21.1 1.7% 0.7% 19.1 1.6% 0.7% 

Singapore 15.6 1.3% 0.5% 15.7 1.3% 0.6% 23.6 2.0% 0.8% 

Canada 15.2 1.3% 0.5% 16.1 1.3% 0.6% 17.6 1.5% 0.6% 

Switzerland 15.1 1.3% 0.5% 15.8 1.3% 0.6% 13.5 1.1% 0.5% 

France 12.9 1.1% 0.5% 15.8 1.3% 0.6% 20.4 1.7% 0.7% 

Netherlands-Antilles 4.1 0.3% 0.1% 6.3 0.5% 0.2% 17.1 1.4% 0.6% 

Other 208.6 17.4% 7.3% 206.6 17.0% 7.3% 180.1 15.0% 6.3% 

Estimated 

Foreign Total 1201.5 100.0% 42.1% 1218.0 100.0% 43.2% 1201.3 100.0% 41.7% 

Source: Treasury Foreign Portfolio Investment Survey benchmark December 1994 and monthly data collected under 

the Treasury International Capital reporting system. 
Privately Held Treasury Marketable Debt 1/ 

Percent Distribution By Maturity 

As of Bills Under 1 yr 1-2 yrs 2-10 yrs Over 10 yrs Total 

December 31

1993 21 13 13 37 16 100

1994 20 13 17 35 15 100

1995 20 16 16 34 14 100

1996 19 16 17 33 15 100

1997 17 17 17 34 15 100

1998 17 17 16 34 16 100

1999 20 16 16 31 17 100

2000 18 18 14 31 19 100

2001 25 13 14 29 19 100

31-Mar-02 26 14 13 29 18 100

1/ Privately held marketable debt excludes holdings of the Federal Reserve and 

non-interest-bearing matured debt. 
AVERAGE LENGTH OF THE MARKETABLE DEBT--PRIVATELY HELD 1/ 

Excludes inflation-indexed securities 

AS OF DECEMBER 31 MONTHS

1945 115.88

46 124.17

47 121.49

48 106.32

49 101.15

1950 99.99

51 76.67

52 66.49

53 63.85

54 72.57

1955 71.24

56 64.37

57 59.14

58 62.21

59 54.83

1960 58.35

61 55.84

62 60.44

63 63.12

64 63.53

1965 63.31

66 59.08

67 53.10

68 49.29

69 44.98

1970 40.99

71 40.09

72 35.84

73 35.01

74 33.15

1975 28.90

76 33.28

77 35.40

78 39.54

79 44.84

1980 44.90

81 48.11

82 45.88

83 50.62

84 55.49

1985 59.89

86 64.61

87 68.70

88 70.07

89 72.70

1990 71.44

91 71.81

92 70.05

93 67.65

94 65.84

1995 62.87

96 62.80

97 64.90

98 66.23

99 66.23

2000 69.77

2001 65.66

MONTHLY DATA FOR CHART INSERT 

31-Dec-01 65.66 

31-Jan-02 65.91 

28-Feb-02 64.74 

31-Mar-02 64.64 

30-Apr-02 

31-May-02 

30-Jun-02 

31-Jul-02 

31-Aug-02 

30-Sep-02 

31-Oct-02 

30-Nov-02 

31-Dec-02 

1/ Excludes inflation-indexed securities(IIS). Including IIS the average 

length was 5 years and 9 months as of March 31, 2002. 
MATURITY PROFILE--OUTSTANDING TREASURY MARKETABLE COUPON SECURITIES 2002-2012 

$ billions 

End of Calendar Year I-Q II-Q III-Q IV-Q Total 

2002 0 99.3 129.7 84.9 314.0 

2003 112.3 83.4 110.8 112.1 418.7 

2004 126.2 74.4 35.4 59.5 295.5 

2005 16.1 50.6 24.3 47.4 138.3 

2006 20.3 47.4 22.7 61.9 152.3 

2007 30.7 14.0 25.6 10.1 80.4 

2008 32.0 27.2 11.9 25.1 96.2 

2009 17.2 19.3 31.8 5.0 73.3 

2010 35.3 0 22.4 0 57.7 

2011 34.6 0 26.6 0 61.3 

2012 19.4 0 0 0 19.4 

Issued or announced through April 26, 2002.

Note: Where applicable, maturities represent first call date.

MATURITY PROFILE--OUTSTANDING TREASURY MARKETABLE COUPON SECURITIES 2013-2032 

$ billions 

End of Calendar Year 

2013 

2014 

2015 

2016 

2017 

2018 

2019 

2020 

2021 

2022 

2023 

2024 

2025 

2026 

2027 

2028 

2029 

2030 

2031 

2032 

I-Q II-Q III-Q IV-Q Total 

0 0 0 0 0 

0 0 0 0 0 

10.5 0 4.0 5.6 20.1 

5.4 18.8 0 18.8 43.0 

0 15.6 11.0 0 26.5 

0 6.7 0 7.2 13.9 

13.1 0 18.9 0 32.0 

9.5 7.6 17.1 0 34.1 

10.1 10.1 9.5 30.6 60.3 

0 0 10.1 7.1 17.2 

15.7 0 22.7 0 38.4 

0 0 0 9.6 9.6 

9.4 0 11.0 0 20.4 

12.8 0 8.5 10.8 32.2 

9.2 0 9.0 22.0 40.2 

0 18.4 11.8 10.9 41.1 

11.4 21.0 11.2 0 43.5 

0 17.0 0 0 17.0 

16.4 0 0 0 16.4 

0 5.0 0 0 5.0 

Issued or announced through April 26, 2002. 

Note: Where applicable, maturities represent first call date. 
# OF MINUTES 

FROM CLOSING 

AUCTION TO RELEASE 

DATE (MINUTES & SECONDS) 

10/01/01 

10/01/01 

10/02/01 

10/04/01 

10/09/01 

10/09/01 

10/10/01 

10/10/01 

10/15/01 

10/15/01 

10/16/01 

10/22/01 

10/22/01 

10/23/01 

10/24/01 

10/29/01 

10/29/01 

10/30/01 

11/05/01 

11/05/01 

11/06/01 

11/06/01 

11/07/01 

11/13/01 

11/13/01 

11/14/01 

11/19/01 

11/19/01 

11/20/01 

11/26/01 

11/26/01 

11/27/01 

11/28/01 

12/03/01 

12/03/01 

12/04/01 

12/10/01 

12/10/01 

12/11/01 

12/17/01 

12/17/01 

12/18/01 

12/26/01 

12/26/01 

12/26/01 

12/27/01 

12/31/01 

12/31/01 

1/02/02 

1/07/02 

1/07/02 

1/08/02 

1/09/02 

1/14/02 

1/14/02 

1/15/02 

1/22/02 

1/22/02 

1/23/02 

1/23/02 

0:23:00 

0:23:00 

0:10:00 

0:11:00 

0:11:00 

0:11:00 

0:12:00 

0:29:00 

0:12:00 

0:12:00 

0:12:00 

0:17:00 

0:17:00 

0:09:00 

0:14:00 

0:20:00 

0:20:00 

0:09:00 

0:11:00 

0:11:00 

0:15:00 

0:10:00 

0:09:00 

0:21:00 

0:21:00 

0:11:00 

0:11:00 

0:11:00 

0:09:00 

0:09:00 

0:09:00 

0:07:00 

0:16:00 

0:11:00 

0:11:00 

0:08:00 

0:08:00 

0:08:00 

0:04:00 

0:09:42 

0:09:42 

0:04:34 

0:05:01 

0:06:56 

0:06:56 

0:05:34 

0:06:20 

0:06:20 

0:04:14 

0:06:47 

0:06:47 

0:05:51 

0:04:56 

0:05:08 

0:05:08 

0:05:02 

0:05:03 

0:05:03 

0:14:58 

0:05:23 
1/28/02 0:06:12 

1/28/02 0:06:12 

1/29/02 0:04:00 

2/04/02 0:05:39 

2/04/02 0:05:39 

2/05/02 0:05:05 

2/05/02 0:05:39 

2/06/02 0:07:04 

2/11/02 0:06:11 

2/11/02 0:06:11 

2/12/02 0:05:01 

2/19/02 0:07:42 

2/19/02 0:07:42 

2/20/02 0:06:00 

2/25/02 0:05:32 

2/25/02 0:05:32 

2/26/02 0:05:00 

2/27/02 0:05:21 

3/04/02 0:05:56 

3/04/02 0:05:56 

3/05/02 0:05:59 

3/11/02 0:06:01 

3/11/02 0:06:01 

3/12/02 0:05:08 

3/18/02 0:07:17 

3/18/02 0:07:17 

3/19/02 0:05:04 

3/25/02 0:05:17 

3/25/02 0:05:17 

3/26/02 0:05:20 

3/27/02 0:05:08 

4/01/02 0:05:59 

4/01/02 0:05:59 

4/02/02 0:05:46 

4/02/02 0:05:46 

4/03/02 0:05:00 

4/08/02 0:05:46 

4/08/02 0:05:46 

4/09/02 0:05:06 

4/10/02 0:05:59 

4/15/02 0:06:40 

4/15/02 0:06:40 

4/16/02 0:05:02 

4/22/02 0:05:04 

4/22/02 0:05:04 

4/23/02 0:05:00 

4/24/02 0:05:00 

Note: Current quarter exceptions.

(1.) 2/6/02, 10-Year Notes, Release time:1:07:04, Two competitive tenders did not pass TAAPS' system edits. 

(2.) 2/19/02, 13- and 26-Week Bills, Release time:1:07:42, The 26-week bill press release to the wrong printer 

in the Treasury Press Room. 

(3.) 3/18/02, 13- and 26-Week Bills Release time:1:07:17, The press took longer than normal to release the results.