S. Treasury Borrowing
020406080

Marketables

Decrease in

ketables Cash Balance

Deficit

38

TREASURY FINANCING REQUIREMENTS

January — March 2002

April 29, 2002-1

1

Uses 91 Sources

53

1

$Bil.

86

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

and checks outstanding and minor miscellaneous transactions.
0102030

1

31

TREASURY FINANCING REQUIREMENTS

April — June 2002

April 29, 2002-2

Uses Sources

31

2

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

2

$Bil.

1

n

ce

Nonmarketables

1

Marketables

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

and checks outstanding and minor miscellaneous transactions.

Surplus 29
 (Billions of Dollars)

NET MARKET BORROWING

April – June 2002

April 29, 2002-3

Issued or announced through April 26, 2002.

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

Done

Bills

Regular weekly -43.3

Coupons

2-year notes 30.95-year notes -40.5

Buybacks -4.0

Total -56.9

To be done

Financing 58.2

Total for the quarter 1.3

1

1

2

2
TREASURY OPERATING CASH BALANCE

Daily

April 29, 2002-4

1

Without

New

Borrowin

g

Federal Reserve Account

Tax and Loan

Accounts Balance

1 Forecasted data points are semi-monthly.

Total Operating

Balance

y Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr Jun May

2001 2002
I III IV I II III IV I II III IV I II III IV I II

-200-160-120-80-4004080120

7.9

-38.8

24.0

5.8

-113.8

-15.9

47.0

-20.1

-192.1

-47.7-26.1

17.8

-163.4

74.4

52.1

52.5

1.3

TREASURY NET MARKET BORROWING

$Bil.

to be

done

April 29, 2002-5

e

e estimate

1998 1999 2000 2001 2002

Bills

Coupons

2 - under 5 yrs

5 - 10 yrs

Over 10 yrs

Buybacks
III IV I II III IV I II III IV I II III IV I II 

-15-10-5051015

6.2

-0.1

-0.9

1.6

-6.9

-3.6

-8.0

-5.0

-10.1

-2.2 -1.4

-1.7

-10.6

-1.0

-5.5

0.8

e estimate

$Bil.

Y NET BORROWING FROM NONMARKETABLE ISSUES

April 29, 2002-6

e

State and Local SeriesForeign Series

Savings Bonds

8 1999 2000 2001 2002
0510152025 Gross Issues

Redemptions

III IV I II III IV I II III IV I II III IV I

-10-50510

TATE & LOCAL GOVERNMENT SERIES (SLGS)

$Bil.

$Bil.

Net SLGS

April 29, 2002-7

98 1999 2000 2001 2002
ERLY CHANGES IN FOREIGN AND INTERNATIONAL

DINGS OF MARKETABLE TREASURY SECURITIES

III IV I II III IV I II III IV I II III IV I

-40-200204060

-30.9

55.3

-5.7

-10.9

22.6

-13.1

7.8

-24.2

-21.4

-25.4

-2.0

-28.7

8.4

50.8

-15.9

April 29, 2002-8 

1 Data through February 28, 2002.

1

$Bil.

998 1999 2000 2000 2002
1618202224262830323436384042

REIGN HOLDINGS AS A PERCENT OF TOTAL

PRIVATELY HELD PUBLIC DEBT

Quarterly

April 29, 2002-9

Percent

1

1 Privately held debt excludes holdings of the Federal Reserve.

Data through February 28, 2002.

1994 1995 1996 1997 1998 1999 2000 2001
R FOREIGN HOLDERS OF TREASURY SECURITIES

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

As a % of As a % of As a % of As a % of As a % of As a % of

$ Billions Total Total $ Billions Total Total $ Billions Total Total

Foreign Private Foreign Private Foreign Private

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

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

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

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

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

50.1 4.2% 1.8% 52.0 4.3% 1.8% 52.9 4.4% 1.8%35.8 3.0% 1.3% 35.2 2.9% 1.2% 32.0 2.7% 1.1%

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

mburg 21.3 1.8% 0.7% 21.8 1.8% 0.8% 28.9 2.4% 1.0%

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

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

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

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

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

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

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

tilles 4.1 0.3% 0.1% 6.3 0.5% 0.2% 17.1 1.4% 0.6%

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

$1,201.5 100.0% 42.1% $1,218.0 100.0% 43.2% $1,201.3 100.0% 41.7%

Source: Treasury Foreign Portfolio Investment Survey benchmark December 1994

and monthly data collected under the Treasury International Capital reportingsystem.

ry

April 29, 2002-10
1995 1996 1997 1998 1999 2000 2001

020406080

100%

VATELY HELD TREASURY MARKETABLE DEBT

Percent Distribution By Maturity

1

Coupons

As of December 31

April 29, 2002-11

18

29

14

26

13

Over 10 years

2-10 years

1-2 years1 year & under

Bills

Mar '02

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

non-interest-bearing matured debt.
ERAGE LENGTH OF THE MARKETABLE DEBT

Privately Held

April 29, 2002-12

1

J FMAMJ J ASOND 62

6466

Months

March 31, 2002

5 Years, 5 Months

As of December 31 

Excludes inflation-indexed securities (IIS). Including IIS the average length was 5 years and

 9 months as of March 31, 2002.

0 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000
003 2004 2005 2006 2007 2008 2009 2010 2011 2012

050100150200250300350400

MATURITY PROFILE

Outstanding Treasury Marketable Coupon Securities

April 29, 2002-13

$Bil.

Calendar Year

Note: Where applicable, maturities represent first call date.

1st Quarter

2nd Quarter3rd Quarter4th Quarter

1

1 Issued or announced through April 26, 2002.
2015 2017 2019 2021 2023 2025 2027 2029 2031

0102030405060

MATURITY PROFILE

Outstanding Treasury Marketable Coupon Securities

April 29, 2002-14

$Bil.

Calendar Year

Note: Where applicable, maturities represent first call date.

1

 Quarter

d Quarter

d Quarter

h Quarter

1 Issued or announced through April 26, 2002.
AUCTION RELEASE TIMES FOR FY 2002

April 29, 2002-15

Nov Dec Jan Feb Mar Apr

1 2

3

Data Through April 24

ar Notes, Release time:1:07:04, Two competitive tenders did not pass TAAPS' system edits.

nd 26-Week Bills Release time:1:07:17, The Press took longer than normal to release the results.nd 26-Week Bills, Release time:1:07:42, 26-Week Bill press release sent to the wrong printer in the Treasury Press Room.

 Exceptions: