($ billions)

Issued Matured

Net SOMA 

Activity * 

Net Cash 

Raised Issued Matured

Bills (includes SFPs) $1,452.4 $1,651.4 $0.0 -$199.0 $6,920.5 $6,417.8 Nominal coupons $598.9 $153.5 $0.0 $445.5 $1,886.6 $640.7 

Treasury Marketable Financing

Q1-FY 2010 F

October 1, 2009 - December 31, 2009 October 1, 2008 

TIPS $14.0 $0.0 $0.0 $14.0 $58.5 $20.8 Total $2,065.3 $1,804.9 $0.0 $260.5 $8,865.6 $7,079.3 

* Note: Negative SOMA activity represents redemptions.  Positive SOMA activity represents additional issuance of securities, made possible by redemptions in maturing securities with the same settlement date; these are offsetting transactions and are net cash neutral.
Marketable Treasury Coupon Flows (including SOMA) 

Date Maturing Coupon Securities Coupon Payments 

February 15, 2010 57 27 February 28, 2010 29 5 March 15, 2010 15 1 March 31, 2010 32 5 April 15,2010 47 2 

47

2 

April 30, 2010 33 5 May 15, 2010 38 21 May 31, 2010 32 5 
Treasury Daily Operating Cash Balance Excluding SFPs 

FY 2007 FY 2008 FY 2009 FY 2010

Date Total Date Total Date Total Date Total

10/2/2006 52.8 10/1/2007 64.9 10/1/2008 49.4 10/1/2009 67.8

10/3/2006 26.7 10/2/2007 63.8 10/2/2008 54.3 10/2/2009 43.4

10/4/2006 27.5 10/3/2007 46.4 10/3/2008 31.0 10/5/2009 41.0

10/5/2006 20.6 10/4/2007 28.7 10/6/2008 30.2 10/6/2009 32.8

10/6/2006 18.7 10/5/2007 25.0 10/7/2008 23.8 10/7/2009 33.0

10/10/2006 20.6 10/8/2007 28.7 10/8/2008 17.1 10/8/2009 27.8

10/11/2006 11.9 10/9/2007 28.1 10/9/2008 17.2 10/9/2009 24.8

10/12/2006 11.7 10/10/2007 16.3 10/10/2008 12.8 10/12/2009 24.8

10/13/2006 10.4 10/11/2007 9.0 10/13/2008 12.8 10/13/2009 31.3

10/16/2006 12.5 10/12/2007 8.6 10/14/2008 14.7 10/14/2009 17.6

10/17/2006 12.2 10/15/2007 23.5 10/15/2008 37.0 10/15/2009 91.5

10/18/2006 14.9 10/16/2007 27.3 10/16/2008 46.1 10/16/2009 88.4

10/19/2006 24.0 10/17/2007 24.5 10/17/2008 36.0 10/19/2009 85.5

10/20/2006 22.8 10/18/2007 17.1 10/20/2008 107.4 10/20/2009 79.6

10/21/2006 27.0 10/19/2007 17.4 10/21/2008 103.5 10/21/2009 75.7

10/24/2006 26.0 10/22/2007 22.1 10/22/2008 135.5 10/22/2009 49.1

10/25/2006 24.3 10/23/2007 21.0 10/23/2008 156.6 10/23/2009 48.0

10/26/2006 32.8 10/24/2007 16.0 10/24/2008 152.7 10/26/2009 48.6

10/27/2006 33.6 10/25/2007 15.8 10/27/2008 155.0 10/27/2009 42.2

10/30/2006 37.0 10/26/2007 14.8 10/28/2008 35.0 10/28/2009 32.6

10/31/2006 57.3 10/29/2007 20.0 10/29/2008 35.2 10/29/2009 20.7

11/1/2006 39.9 10/30/2007 15.1 10/30/2008 37.6 10/30/2009 21.7

11/2/2006 52.9 10/31/2007 38.0 10/31/2008 56.1 11/2/2009 109.2

11/3/2006 32.1 11/1/2007 32.8 11/3/2008 34.8 11/3/2009 82.0

11/6/2006 34.0 11/2/2007 11.3 11/4/2008 29.2 11/4/2009 83.6

11/7/2006 28.8 11/5/2007 12.5 11/5/2008 29.2 11/5/2009 84.6

11/8/2006 26.1 11/6/2007 7.8 11/6/2008 79.3 11/6/2009 80.5 /8/ 006 6 /6/ 00 8 /6/ 008 9 3 /6/ 009 80 5

11/9/2006 35.7 11/7/2007 10.5 11/7/2008 73.9 11/9/2009 80.5

11/10/2006 36.6 11/8/2007 28.3 11/10/2008 70.9 11/10/2009 65.0

11/13/2006 40.9 11/9/2007 27.9 11/11/2008 70.9 11/11/2009 65.0

11/14/2006 38.2 11/12/2007 27.9 11/12/2008 56.1 11/12/2009 66.0

11/15/2006 5.2 11/13/2007 30.1 11/13/2008 61.0 11/13/2009 53.7

11/16/2006 15.6 11/14/2007 23.6 11/14/2008 60.4 11/16/2009 80.8

11/17/2006 12.6 11/15/2007 7.6 11/17/2008 48.6 11/17/2009 72.9

11/20/2006 14.2 11/16/2007 11.2 11/18/2008 76.3 11/18/2009 64.3

11/21/2006 10.2 11/19/2007 13.3 11/19/2008 70.2 11/19/2009 34.9

11/22/2006 6.3 11/20/2007 9.4 11/20/2008 93.2 11/20/2009 30.5

11/23/2006 6.3 11/21/2007 5.7 11/21/2008 85.3 11/23/2009 31.0

11/24/2006 18.0 11/22/2007 5.7 11/24/2008 70.9 11/24/2009 23.3

11/27/2006 20.2 11/23/2007 14.3 11/25/2008 26.0 11/25/2009 15.0

11/28/2006 14.5 11/26/2007 17.0 11/26/2008 19.3 11/26/2009 15.0

11/29/2006 17.4 11/27/2007 12.1 11/27/2008 19.3 11/27/2009 13.2

11/30/2006 20.9 11/28/2007 5.8 11/28/2008 68.3 11/30/2009 101.2

12/1/2006 5.6 11/29/2007 15.7 12/1/2008 77.6 12/1/2009 63.6

12/4/2006 7.6 11/30/2007 8.5 12/2/2008 79.6 12/2/2009 62.1

12/5/2006 13.2 12/3/2007 12.8 12/3/2008 58.9 12/3/2009 35.0

12/6/2006 16.0 12/4/2007 7.5 12/4/2008 58.0 12/4/2009 32.2

12/7/2006 10.9 12/5/2007 9.1 12/5/2008 51.8 12/7/2009 27.4

12/8/2006 11.2 12/6/2007 8.4 12/8/2008 54.1 12/8/2009 20.1

12/11/2006 15.7 12/7/2007 7.8 12/9/2008 49.7 12/9/2009 57.4

12/12/2006 12.4 12/10/2007 12.0 12/10/2008 43.4 12/10/2009 62.2

12/13/2006 11.3 12/11/2007 7.6 12/11/2008 50.8 12/11/2009 58.4

12/14/2006 5.2 12/12/2007 11.2 12/12/2008 48.9 12/14/2009 44.9

12/15/2006 45.3 12/13/2007 5.0 12/15/2008 123.7 12/15/2009 134.3

12/18/2006 59.2 12/14/2007 13.4 12/16/2008 127.1 12/16/2009 134.0

12/19/2006 57.1 12/17/2007 68.1 12/17/2008 122.4 12/17/2009 91.2

12/20/2006 12/20/2006 59.7 12/18/2007 65.6 12/18/2008 129.2 12/18/2009 92.5 59.7 12/18/2007 65.6 12/18/2008 129.2 12/18/2009 92.5

12/21/2006 44.2 12/19/2007 64.9 12/19/2008 128.6 12/21/2009 95.9

12/22/2006 47.3 12/20/2007 49.0 12/22/2008 134.7 12/22/2009 92.6

12/25/2006 47.3 12/21/2007 50.0 12/23/2008 125.8 12/23/2009 121.4
12/26/2006 54.5 12/24/2007 62.3 12/24/2008 120.2 12/24/2009 114.0

12/27/2006 47.4 12/25/2007 62.3 12/25/2008 120.2 12/25/2009 114.0

12/28/2006 32.9 12/26/2007 56.1 12/26/2008 117.7 12/28/2009 117.2

12/29/2006 30.7 12/27/2007 35.3 12/29/2008 117.7 12/29/2009 118.2

1/2/2007 40.0 12/28/2007 37.3 12/30/2008 114.1 12/30/2009 151.5

1/3/2007 20.5 12/31/2007 57.0 12/31/2008 107.3 12/31/2009 188.6

1/4/2007 13.6 1/1/2008 57.0 1/1/2009 107.3 1/1/2010 188.6

1/5/2007 14.0 1/2/2008 45.9 1/2/2009 59.3 1/4/2010 173.8

1/8/2007 18.9 1/3/2008 9.6 1/5/2009 65.1 1/5/2010 165.4

1/9/2007 19.9 1/4/2008 11.5 1/6/2009 61.1 1/6/2010 168.5

1/10/2007 16.9 1/7/2008 15.3 1/7/2009 64.5 1/7/2010 140.1

1/11/2007 13.3 1/8/2008 14.9 1/8/2009 57.4 1/8/2010 141.8

1/12/2007 12.7 1/9/2008 11.9 1/9/2009 35.2 1/11/2010 141.5

1/16/2007 20.9 1/10/2008 8.0 1/12/2009 39.1 1/12/2010 135.5

1/17/2007 29.4 1/11/2008 8.0 1/13/2009 36.5 1/13/2010 126.2

1/18/2007 30.2 1/14/2008 16.2 1/14/2009 33.1 1/14/2010 95.2

1/19/2007 34.8 1/15/2008 10.3 1/15/2009 46.7 1/15/2010 148.2

1/22/2007 48.1 1/16/2008 17.9 1/16/2009 32.8 1/18/2010 148.2

1/23/2007 59.2 1/17/2008 8.4 1/19/2009 32.8 1/19/2010 160.3

1/24/2007 61.3 1/18/2008 17.4 1/20/2009 43.9 1/20/2010 171.8

1/25/2007 58.0 1/21/2008 17.4 1/21/2009 48.7 1/21/2010 141.5

1/26/2007 51.0 1/22/2008 33.0 1/22/2009 61.4

1/29/2007 62.5 1/23/2008 44.3 1/23/2009 62.0

1/30/2007 59.4 1/24/2008 45.6 1/26/2009 64.3

1/31/2007 83.8 1/25/2008 37.8 1/27/2009 50.2

2/1/2007 66.2 1/28/2008 44.2 1/28/2009 40.7

2/2/2007 37.6 1/29/2008 41.8 1/29/2009 53.3

2/5/2007 40.9 1/30/2008 44.8 1/30/2009 25.5

2/6/2007 37.2 1/31/2008 70.3 2/2/2009 77.5

2/7/2007 40.5 2/1/2008 22.3 2/3/2009 50.3

2/8/2007 48.2 2/4/2008 29.2 2/4/2009 49.8

2/9/2007 26.0 2/5/2008 23.7 2/5/2009 60.1

2/12/2007 29.2 2/6/2008 27.1 2/6/2009 38.7

2/13/2007 25.0 2/7/2008 40.8 2/9/2009 39.2

2/14/2007 23.4 2/8/2008 20.8 2/10/2009 31.7

2/15/2007 14.7 2/11/2008 22.7 2/11/2009 22.3

2/16/2007 6.0 2/12/2008 18.7 2/12/2009 59.6

2/19/2007 6.0 2/13/2008 12.8 2/13/2009 27.6

2/20/2007 13.8 2/14/2008 55.4 2/16/2009 27.6

2/21/2007 7.6 2/15/2008 3.1 2/17/2009 38.9

2/22/2007 22.4 2/18/2008 3.1 2/18/2009 22.3

2/23/2007 6.9 2/19/2008 17.5 2/19/2009 31.1

2/26/2007 12.3 2/20/2008 7.0 2/20/2009 40.3

2/27/2007 9.1 2/21/2008 29.6 2/23/2009 45.1

2/28/2007 11.5 2/22/2008 10.6 2/24/2009 38.5

3/1/2007 16.2 2/25/2008 16.2 2/25/2009 27.1

3/2/2007 6.0 2/26/2008 7.9 2/26/2009 60.6

3/5/2007 11.0 2/27/2008 11.9 2/27/2009 25.5

3/6/2007 9.5 2/28/2008 22.4 3/2/2009 100.5

3/7/2007 12.9 2/29/2008 11.0 3/3/2009 72.6

3/8/2007 21.2 3/3/2008 25.9 3/4/2009 70.3

3/9/2007 9.5 3/4/2008 21.1 3/5/2009 68.9

3/12/2007 15.5 3/5/2008 23.0 3/6/2009 50.4

3/13/2007 11.3 3/6/2008 32.5 3/9/2009 53.4

3/14/2007 13.2 3/7/2008 20.4 3/10/2009 46.2

3/15/2007 32.5 3/10/2008 25.2 3/11/2009 36.4

3/16/2007 35.1 3/11/2008 20.8 3/12/2009 55.0

3/19/2007 39.2 3/12/2008 16.0 3/13/2009 46.0

3/20/2007 36.1 3/13/2008 20.8 3/16/2009 116.4

3/21/2007 3/21/2007 34.4 3/14/2008 21.5 3/17/2009 110.6 34.4 3/14/2008 21.5 3/17/2009 110.6

3/22/2007 31.5 3/17/2008 34.9 3/18/2009 102.3

3/23/2007 22.9 3/18/2008 31.1 3/19/2009 99.8

3/26/2007 26.2 3/19/2008 27.8 3/20/2009 86.0

3/27/2007 20.5 3/20/2008 29.7 3/23/2009 76.8
3/28/2007 14.9 3/21/2008 21.6 3/24/2009 67.5

3/29/2007 9.9 3/24/2008 24.4 3/25/2009 58.2

3/30/2007 6.0 3/25/2008 19.0 3/26/2009 57.3

4/2/2007 13.7 3/26/2008 14.1 3/27/2009 45.2

4/3/2007 6.1 3/27/2008 24.8 3/30/2009 41.1

4/4/2007 8.5 3/28/2008 19.8 3/31/2009 68.9

4/5/2007 13.1 3/31/2008 46.1 4/1/2009 39.8

4/6/2007 6.5 4/1/2008 48.4 4/2/2009 43.7

4/9/2007 9.1 4/2/2008 51.4 4/3/2009 41.1

4/10/2007 7.9 4/3/2008 14.4 4/6/2009 40.1

4/11/2007 9.9 4/4/2008 8.2 4/7/2009 33.1

4/12/2007 3.8 4/7/2008 10.8 4/8/2009 25.7

4/13/2007 11.9 4/8/2008 8.7 4/9/2009 43.5

4/16/2007 9.5 4/9/2008 3.7 4/10/2009 31.4

4/17/2007 28.9 4/10/2008 4.7 4/13/2009 33.1

4/18/2007 24.0 4/11/2008 3.9 4/14/2009 39.3

4/19/2007 11.2 4/14/2008 16.0 4/15/2009 96.5

4/20/2007 15.1 4/15/2008 21.4 4/16/2009 57.4

4/23/2007 33.7 4/16/2008 20.3 4/17/2009 55.0

4/24/2007 77.3 4/17/2008 13.1 4/20/2009 65.4

4/25/2007 92.9 4/18/2008 16.8 4/21/2009 90.5

4/26/2007 81.8 4/21/2008 16.0 4/22/2009 95.5

4/27/2007 88.8 4/22/2008 34.8 4/23/2009 89.0

4/30/2007 123.7 4/23/2008 49.7 4/24/2009 84.8

5/1/2007 116.7 4/24/2008 53.6 4/27/2009 99.0

5/2/2007 123.6 4/25/2008 59.4 4/28/2009 100.1

5/3/2007 83.7 4/28/2008 79.3 4/29/2009 64.8

5/4/2007 83.3 4/29/2008 98.2 4/30/2009 138.2

5/7/2007 85.0 4/30/2008 140.7 5/1/2009 83.9

5/8/2007 79.8 5/1/2008 102.6 5/4/2009 84.3

5/9/2007 75.8 5/2/2008 74.9 5/5/2009 76.3

5/10/2007 62.4 5/5/2008 75.0 5/6/2009 72.7

5/11/2007 60.8 5/6/2008 69.1 5/7/2009 86.8

5/14/2007 65.2 5/7/2008 70.3 5/8/2009 82.4

5/15/2007 23.4 5/8/2008 64.5 5/11/2009 82.5

5/16/2007 26.5 5/9/2008 48.7 5/12/2009 70.7

5/17/2007 21.5 5/12/2008 52.1 5/13/2009 59.2

5/18/2007 20.1 5/13/2008 46.4 5/14/2009 64.5

5/21/2007 23.7 5/14/2008 40.7 5/15/2009 51.8

5/22/2007 19.4 5/15/2008 7.7 5/18/2009 54.6

5/23/2007 14.8 5/16/2008 4.7 5/19/2009 48.2

5/24/2007 13.8 5/19/2008 6.5 5/20/2009 39.9

5/25/2007 13.8 5/20/2008 18.4 5/21/2009 39.2

5/28/2007 13.8 5/21/2008 14.1 5/22/2009 29.5

5/29/2007 20.1 5/22/2008 23.5 5/25/2009 29.5

5/30/2007 16.9 5/23/2008 22.6 5/26/2009 30.6

5/31/2007 26.1 5/26/2008 22.6 5/27/2009 12.8

6/1/2007 7.9 5/27/2008 26.7 5/28/2009 21.8

6/4/2007 10.5 5/28/2008 14.7 5/29/2009 17.2

6/5/2007 16.9 5/29/2008 18.7 6/1/2009 66.8

6/6/2007 21.6 5/30/2008 13.9 6/2/2009 62.0

6/7/2007 12.7 6/2/2008 34.2 6/3/2009 39.6

6/8/2007 13.4 6/3/2008 7.2 6/4/2009 39.9

6/11/2007 18.4 6/4/2008 7.6 6/5/2009 36.0

6/12/2007 18.4 6/5/2008 8.6 6/8/2009 36.8

6/13/2007 17.6 6/6/2008 6.4 6/9/2009 29.9

6/14/2007 8.6 6/9/2008 9.7 6/10/2009 19.2

6/15/2007 30.1 6/10/2008 5.8 6/11/2009 12.1

6/18/2007 45.2 6/11/2008 23.8 6/12/2009 9.3

6/19/2007 6/19/2007 59.6 6/12/2008 4.6 6/15/2009 63.8 59.6 6/12/2008 4.6 6/15/2009 63.8

6/20/2007 65.1 6/13/2008 10.7 6/16/2009 70.8

6/21/2007 48.5 6/16/2008 41.6 6/17/2009 134.8

6/22/2007 53.2 6/17/2008 47.7 6/18/2009 124.1

6/25/2007 60.2 6/18/2008 48.0 6/19/2009 126.1
6/26/2007 58.9 6/19/2008 17.9 6/22/2009 133.6

6/27/2007 56.2 6/20/2008 24.9 6/23/2009 127.8

6/28/2007 43.8 6/23/2008 38.2 6/24/2009 80.9

6/29/2007 25.2 6/24/2008 35.8 6/25/2009 71.6

7/2/2007 33.3 6/25/2008 30.4 6/26/2009 61.1

7/3/2007 8.2 6/26/2008 21.3 6/29/2009 64.4

7/4/2007 8.2 6/27/2008 20.2 6/30/2009 117.9

7/5/2007 10.4 6/30/2008 53.3 7/1/2009 80.2

7/6/2007 9.4 7/1/2008 16.2 7/2/2009 27.3

7/9/2007 13.4 7/2/2008 16.5 7/3/2009 27.5

7/10/2007 9.6 7/3/2008 13.7 7/6/2009 57.6

7/11/2007 7.4 7/4/2008 13.7 7/7/2009 47.0

7/12/2007 6.4 7/7/2008 18.6 7/8/2009 38.9

7/13/2007 4.7 7/8/2008 11.9 7/9/2009 25.5

7/16/2007 23.3 7/9/2008 4.6 7/10/2009 21.7

7/17/2007 20.4 7/10/2008 9.1 7/13/2009 21.5

7/18/2007 18.7 7/11/2008 5.9 7/14/2009 19.0

7/19/2007 20.7 7/14/2008 5.3 7/15/2009 67.1

7/20/2007 20.3 7/15/2008 6.0 7/16/2009 81.6

7/23/2007 25.2 7/16/2008 6.4 7/17/2009 77.6

7/24/2007 21.9 7/17/2008 8.8 7/20/2009 76.8

7/25/2007 18.3 7/18/2008 9.9 7/21/2009 71.0

7/26/2007 27.7 7/21/2008 14.8 7/22/2009 63.9

7/27/2007 27.1 7/22/2008 18.7 7/23/2009 68.7

7/30/2007 31.0 7/23/2008 17.8 7/24/2009 63.2

7/31/2007 47.3 7/24/2008 23.7 7/27/2009 66.3

8/1/2007 26.6 7/25/2008 21.3 7/28/2009 59.1

8/2/2007 49.0 7/28/2008 22.4 7/29/2009 59.8

8/3/2007 30.5 7/29/2008 14.7 7/30/2009 27.6

8/6/2007 33.9 7/30/2008 15.7 7/31/2009 94.9

8/7/2007 28.9 7/31/2008 61.6 8/3/2009 70.4

8/8/2007 25.4 8/1/2008 15.2 8/4/2009 63.3

8/9/2007 48.4 8/4/2008 20.1 8/5/2009 63.5

8/10/2007 45.8 8/5/2008 15.3 8/6/2009 57.2

8/13/2007 49.6 8/6/2008 19.4 8/7/2009 53.1

8/14/2007 47.6 8/7/2008 15.7 8/10/2009 52.3

8/15/2007 11.2 8/8/2008 12.1 8/11/2009 44.7

8/16/2007 13.0 8/11/2008 14.6 8/12/2009 37.7

8/17/2007 13.5 8/12/2008 10.2 8/13/2009 29.6

8/20/2007 18.4 8/13/2008 30.1 8/14/2009 27.0

8/21/2007 15.2 8/14/2008 19.7 8/17/2009 20.1

8/22/2007 14.2 8/18/2008 5.1 8/18/2009 49.2

8/23/2007 15.8 8/16/2008 15.6 8/19/2009 42.3

8/24/2007 13.3 8/17/2008 11.3 8/20/2009 37.5

8/27/2007 17.2 8/18/2008 7.7 8/21/2009 30.9

8/28/2007 11.2 8/19/2008 10.2 8/24/2009 29.3

8/29/2007 14.4 8/20/2008 7.2 8/25/2009 23.5

8/30/2007 19.2 8/25/2008 10.1 8/26/2009 14.8

8/31/2007 9.4 8/26/2008 14.7 8/27/2009 13.3

9/4/2007 8.6 8/27/2008 8.3 8/28/2009 10.8

9/5/2007 6.0 8/28/2008 26.5 8/31/2009 95.3

9/6/2007 11.4 8/29/2008 6.9 9/1/2009 61.2

9/7/2007 8.5 9/1/2008 6.9 9/2/2009 60.7

9/10/2007 11.3 9/2/2008 36.5 9/3/2009 26.4

9/11/2007 9.8 9/3/2008 11.7 9/4/2009 20.3

9/12/2007 8.7 9/4/2008 9.9 9/7/2009 20.3

9/13/2007 8.3 9/5/2008 5.6 9/8/2009 17.0

9/14/2007 20.2 9/8/2008 6.6 9/9/2009 4.8

9/17/2007 80.5 9/9/2008 21.7 9/10/2009 11.2

9/18/2007 9/18/2007 90.9 9/10/2008 16.7 9/11/2009 7.4 90.9 9/10/2008 16.7 9/11/2009 7.4

9/19/2007 93.6 9/11/2008 9.9 9/14/2009 10.4

9/20/2007 78.0 9/12/2008 17.6 9/15/2009 72.8

9/21/2007 83.1 9/15/2008 21.2 9/16/2009 74.4

9/24/2007 92.5 9/16/2008 37.1 9/17/2009 52.3
9/25/2007 92.8 9/17/2008 37.6 9/18/2009 53.8

9/26/2007 90.218 9/18/2008 12.3 9/21/2009 58.602

9/27/2007 67.963 9/19/2008 19.2 9/22/2009 61.545

9/28/2007 75.237 9/22/2008 29.2 9/23/2009 52.879

9/23/2008 27.6 9/24/2009 34.347

9/24/2008 21.7 9/25/2009 27.634

9/25/2008 33.6 9/28/2009 26.932

9/26/2008 29.4 9/29/2009 24.385

9/29/2008 36 9/30/2009 110.321

9/30/2008 72.1
$ billions

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

Fiscal Year Quarters

2005 1Q 41.7 20.4 27.2 -12.5 0.0 21.0 0.0 97.8

2Q 55.9 12.5 57.0 -2.3 0.0 10.0 11.0 144.2

3Q -135.7 17.5 28.9 -7.2 0.0 18.0 0.0 -78.5

4Q -9.2 7.3 48.4 -9.3 0.0 9.0 6.0 52.3

2006 1Q 49.6 10.1 21.9 -4.1 0.0 15.0 0.0 92.5

2Q 78.2 -5.4 54.3 10.1 0.0 9.0 11.8 158.0

3Q -125.3 -14.0 31.6 -3.5 0.0 19.0 0.0 -92.1

4Q -5.2 -14.4 34.1 11.6 0.0 10.6 8.2 45.0

2007 1Q 32.7 -21.5 16.2 -4.0 0.0 18.6 0.0 41.9

2Q 88.9 -30.2 56.8 9.8 0.0 -8.8 9.2 125.7

3Q -164.0 -33.8 36.3 6.8 0.0 16.1 0.0 -138.7

4Q 89.0 -37.7 24.8 13.8 0.0 8.0 7.3 105.2

2008 1Q 45.8 -60.2 90.7 -2.6 0.0 13.2 0.0 86.8

2Q 154.5 -16.6 42.2 13.3 0.0 -11.4 9.0 191.0

3Q -97.9 -7.6 37.0 9.2 0.0 14.7 0.0 -44.6

4Q 429 4 8 5 72 8 1 8 0 0 8 0 6 7 527 2

Nominals TIPS

Treasury Quarterly Net Marketable Borrowing 

4Q 429.4 8.5 72.8 1.8 0.0 8.0 6.7 527.2

2009 1Q 376.9 79.8 87.7 11.8 0.0 6.3 7.0 569.3

2Q 166.9 135.5 157.2 25.9 0.0 -12.2 8.0 481.3

3Q -27.1 141.3 191.6 23.1 0.0 14.4 0.0 343.2

4Q -14.0 156.9 199.1 36.1 0.0 8.1 6.2 392.5

2010 1Q -199.0 160.5 246.8 38.1 0.0 14.0 0.0 260.5

Note: Includes SOMA redemptions and SFPs.

Totals may not add due to rounding.
Fiscal Year $ billions

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

I 05 -1.4 0.0 2.5 1.1

II -1.9 0.2 18.3 16.6

III -1.7 -1.6 27.7 24.4

IV -2.3 0.1 18.5 16.3

I 06 -0.2 0.7 10.3 10.7

II -1.1 -0.4 -0.7 -2.2

III -2.7 -0.4 7.2 4.1

IV -3.6 0.0 -3.2 -6.8

I 07 -3.1 0.0 18.8 15.7

II -3.8 0.5 24.3 21.0

III -3.5 -0.5 19.7 15.7

IV -3 4 0 0 -5 1 -8 5

Treasury Quarterly Net Borrowing From NonMarketable Issues 

IV -3.4 0.0 -5.1 -8.5

I 08 -2.4 0.0 -3.3 -5.7

II -2.8 1.9 -6.9 -7.8

III -2.2 -1.8 -11.1 -15.1

IV -2.6 -0.1 -15.0 -17.6

I 09 -2.0 1.0 -10.9 -11.9

II -1.9 2.0 -9.2 -9.1

III -2.1 0.0 -7.1 -9.3

IV -2.7 -1.1 -16.5 -20.3

I 10 -2.3 -0.5 -2.4 -5.2
Percentage Breakdown of Quarterly Issuance

ISSUANCE

Date Bills 2-3 yrs 4-7 yrs 8-10 yrs Bonds TIPS

12/31/80 80.02% 9.16% 6.91% 1.65% 2.26%

3/31/81 78.86% 9.03% 8.14% 1.69% 2.27%

6/30/81 80.01% 10.61% 5.73% 1.23% 2.43%

9/30/81 77.58% 12.26% 6.23% 1.61% 2.32%

12/31/81 79.71% 11.49% 5.26% 1.47% 2.07%

3/31/82 76.32% 13.47% 6.24% 1.56% 2.41%

6/30/82 80.61% 12.98% 3.84% 2.57% 0.00%

9/30/82 74.02% 12.23% 10.22% 2.40% 1.13%

12/31/82 79.40% 12.83% 4.61% 1.82% 1.33%

3/31/83 75.02% 13.39% 6.82% 2.03% 2.74%

6/30/83 75.39% 13.10% 6.73% 1.99% 2.80%

9/30/83 73.08% 14.06% 6.93% 2.60% 3.32%

12/31/83 79.46% 10.35% 4.53% 2.41% 3.25%

3/31/84 73.11% 14.02% 6.95% 2.48% 3.45%

6/30/84 73.40% 13.81% 7.18% 2.20% 3.40%

9/30/84 74.04% 13.62% 6.76% 2.27% 3.30%

12/31/84 70.20% 15.38% 9.04% 2.14% 3.23%

3/31/85 77.93% 10.76% 4.78% 2.59% 3.94%

6/30/85 73.11% 13.77% 7.11% 2.41% 3.61%

9/30/85 69.40% 17.11% 7.07% 2.60% 3.81%

12/31/85 74.21% 11.87% 8.39% 2.13% 3.40%

3/31/86 71.33% 14.24% 7.50% 2.88% 4.04%

6/30/86 73.43% 13.74% 6.96% 2.97% 2.90%

9/30/86 71.28% 15.03% 7.35% 3.33% 3.00%

12/31/86 72.94% 14.03% 7.19% 3.03% 2.81%

3/31/87 69.14% 16.33% 8.02% 3.36% 3.14%

6/30/87 71.01% 14.97% 7.81% 3.20% 3.02%

9/30/87 70.92% 16.47% 5.81% 3.45% 3.35%

12/31/87 72.23% 13.82% 9.49% 2.97% 1.49%

3/31/88 70.74% 15.12% 8.02% 3.12% 3.01%

6/30/88 71.27% 15.18% 7.51% 3.10% 2.95%

9/30/88 74.99% 14.42% 7.02% 3.57% 0.00%

12/31/88 77.58% 11.03% 5.03% 3.32% 3.03%

3/31/89 66.74% 17.26% 10.14% 2.95% 2.91%

6/30/89 71.12% 14.81% 7.73% 3.24% 3.10%

9/30/89 77.28% 11.09% 5.15% 3.27% 3.20%

12/31/89 72.24% 14.53% 7.19% 3.09% 2.94%

3/31/90 71.69% 14.73% 7.41% 3.15% 3.02%

6/30/90 73.70% 13.75% 6.99% 2.83% 2.73%

9/30/90 74.02% 14.00% 6.62% 2.76% 2.60%

12/31/90 70.77% 16.05% 8.16% 2.57% 2.45%

3/31/91 75.12% 11.49% 7.46% 2.99% 2.94%

6/30/91 71.47% 14.13% 8.68% 2.91% 2.81%

9/30/91 68.93% 15.73% 10.24% 2.57% 2.53%

12/31/91 70.93% 14.61% 8.84% 2.88% 2.74%

3/31/92 72.22% 14.30% 8.85% 2.46% 2.18%

6/30/92 74.13% 13.19% 8.41% 2.25% 2.02%

9/30/92 72.62% 13.77% 9.15% 2.37% 2.09%

12/31/92 74.64% 12.71% 8.42% 2.25% 1.98%

3/31/93 70.84% 14.68% 9.91% 2.51% 2.06%

6/30/93 74.03% 13.35% 8.88% 2.16% 1.59%

9/30/93 74.82% 13.67% 6.95% 2.41% 2.15%

12/31/93 76.31% 14.16% 6.80% 2.73% 0.00%

3/31/94 74.03% 14.37% 7.04% 2.43% 2.13%

6/30/94 75.36% 14.86% 7.07% 2.71% 0.00%

9/30/94 73.75% 14.63% 7.01% 2.48% 2.13%

12/31/94 81.94% 10.92% 4.47% 2.67% 0.00%

3/31/95 71.28% 16.17% 8.33% 2.29% 1.94%

6/30/95 78.56% 12.83% 6.18% 2.42% 0.00%

9/30/95 78.60% 11.55% 4.61% 2.85% 2.39%
12/31/95 79.42% 12.33% 5.82% 2.43% 0.00%

3/31/96 76.02% 13.02% 6.30% 2.54% 2.12%

6/30/96 78.44% 13.00% 6.19% 2.38% 0.00%

9/30/96 68.01% 17.52% 9.09% 3.63% 1.74%

12/31/96 73.72% 13.84% 6.93% 3.65% 1.87%

3/31/97 72.93% 14.17% 7.40% 2.33% 1.86% 1.31%

6/30/97 74.78% 13.79% 7.39% 2.51% 0.00% 1.51%

9/30/97 74.47% 12.73% 6.91% 2.38% 1.96% 1.54%

12/31/97 74.64% 12.54% 6.76% 2.37% 2.10% 1.58%

3/31/98 73.06% 12.86% 7.76% 2.57% 2.15% 1.59%

6/30/98 74.94% 12.33% 7.98% 3.03% 0.00% 1.73%

9/30/98 76.40% 12.39% 4.24% 2.65% 2.52% 1.80%

12/31/98 79.11% 11.26% 3.49% 2.52% 2.05% 1.57%

3/31/99 78.81% 11.71% 3.42% 2.23% 2.18% 1.64%

6/30/99 80.68% 11.46% 3.62% 2.83% 0.00% 1.41%

9/30/99 78.39% 11.59% 3.53% 2.88% 2.18% 1.44%

12/31/99 81.98% 10.67% 3.52% 2.42% 0.00% 1.41%

3/31/00 83.31% 9.12% 2.44% 2.11% 1.93% 1.08%

6/30/00 82.65% 11.06% 3.66% 2.63% 0.00% 0.00%

9/30/00 85.75% 6.47% 2.82% 2.65% 1.24% 1.07%

12/31/00 86.62% 7.94% 2.78% 1.77% 0.00% 0.88%

3/31/01 86.25% 7.18% 1.96% 1.91% 1.74% 0.96%

6/30/01 88.33% 7.00% 2.74% 1.94% 0.00% 0.00%

9/30/01 87.86% 7.17% 1.69% 1.75% 0.81% 0.73%

12/31/01 83.05% 12.37% 2.24% 1.74% 0.60%

3/31/02 87.91% 7.68% 2.04% 1.64% 0.74%

6/30/02 86.60% 9.84% 2.43% 1.13% 0.00%

9/30/02 81.47% 13.20% 2.46% 1.90% 0.97%

12/31/02 84.69% 10.26% 2.43% 1.89% 0.73%

3/31/03 84.87% 10.04% 2.64% 1.88% 0.58%

6/30/03 84.25% 11.00% 3.07% 1.68% 0.00%

9/30/03 80.50% 11.59% 3.61% 3.24% 1.06%

12/31/03 80.23% 11.51% 4.62% 2.82% 0.83%

3/31/04 80.67% 11.31% 4.43% 2.51% 1.07%

6/30/04 81.37% 11.10% 4.33% 2.41% 0.79%

9/30/04 83.16% 9.45% 3.75% 1.96% 1.67%

12/31/04 81.84% 10.08% 4.14% 2.16% 1.78%

3/31/05 82.10% 10.03% 4.00% 2.08% 1.80%

6/30/05 80.59% 10.85% 4.53% 2.32% 1.71%

9/30/05 83.17% 9.41% 3.88% 2.13% 1.42%

12/31/05 85.73% 6.88% 3.87% 2.14% 1.38%

3/31/06 80.11% 10.97% 4.06% 1.85% 1.26% 1.76%

6/30/06 80.83% 10.17% 4.97% 2.22% 0.00% 1.81%

9/30/06 85.06% 6.97% 3.13% 2.06% 1.06% 1.72%

12/31/06 82.78% 8.78% 4.62% 2.12% 0.00% 1.69%

3/31/07 83.48% 7.74% 4.18% 1.95% 0.86% 1.79%

6/30/07 82.01% 8.48% 4.79% 2.50% 0.66% 1.57%

9/30/07 85.25% 5.70% 4.12% 2.41% 1.19% 1.32%

12/31/07 82.18% 8.29% 5.39% 2.37% 0.65% 1.13%

3/31/08 84.33% 6.75% 4.16% 2.25% 1.02% 1.49%

6/30/08 82.54% 7.82% 5.04% 2.71% 0.73% 1.17%

9/30/08 86.26% 5.96% 4.12% 2.07% 0.77% 0.82%

12/31/08 84.41% 7.47% 4.88% 2.16% 0.51% 0.57%

3/31/09 78.10% 10.43% 6.86% 2.66% 1.19% 0.77%

6/30/09 75.46% 10.86% 8.84% 2.92% 1.27% 0.66%

9/30/09 73.91% 11.18% 9.43% 2.99% 1.84% 0.65%

12/31/09 70.32% 12.60% 10.95% 3.36% 2.09% 0.68%

Note: Previous releases of Quarterly marketable issuance data were based on 4-quarter rolling averages and excluded CMBs. 

This data is based on actual quarterly marketable issuance through December 31, 2009, including CMBs. 
Gross Annual TIPS Issuance and Amount Outstanding

Calendar Year 5-Year 10-Year 20-Year 30-Year Inflation Adjusted 

1997 16,812,783 15,755,635 - - 12/31/1997 

1998 - 16,809,151 - 16,806,175 12/31/1998 1999 - 15,899,451 - 14,718,877 12/31/1999 2000 - 11,318,541 - 5,000,084 12/31/2000 2001 - 11,000,434 - 5,000,011 12/31/2001 2002 - 23,010,446 - - 12/31/2002 2003 - 26,000,111 - - 12/31/2003 2004 12,000,035 40,000,066 11,000,069 - 12/31/2004 2

2005 16,000,036 36,000,036 16,999,943 - 12/31/2005 32006 20,180,542 37,000,125 20,000,008 - 12/31/2006 42007 17,281,140 31,249,558 16,482,433 - 12/31/2007 42008 14,999,687 31,386,050 15,635,247 - 12/31/2008 52009 15,277,228 29,947,800 14,150,303 - 12/31/2009 5

(To Date) 2010 10,388,280 -

TIPS Issuance ($ Thousands)
YOY Growth of Outstanding Securities

Nominal Coupons TIPS

10/15/2005 7% 36%

10/31/2005 7% 33%

11/15/2005 7% 33%

11/30/2005 7% 34%

12/15/2005 7% 34%

1/3/2006 6% 34%

1/17/2006 6% 32%

1/31/2006 6% 30%

2/15/2006 7% 30%

2/28/2006 6% 30%

3/15/2006 6% 30%

3/31/2006 6% 30%

4/15/2006 6% 29%

4/30/2006 5% 28%

5/15/2006 4% 28%

5/31/2006 4% 28%

6/15/2006 4% 28%

6/30/2006 4% 28%

7/15/2006 3% 28%

7/31/2006 4% 29%

8/15/2006 3% 29%

8/31/2006 4% 29%

9/15/2006 2% 29%

9/30/2006 2% 29%

10/15/06 0% 29%

10/31/06 1% 28%

11/15/06 0% 28%

11/30/06 0% 26%

12/15/06 0% 26%

12/31/06 0% 25%

1/15/07 0% 19%

1/31/07 0% 18%

2/15/07 -1% 18%

2/28/07 -1% 19%

3/15/07 -1% 19%

3/31/07 -1% 19%

4/16/07 -1% 18%

4/30/07 0% 17%

5/15/07 0% 17%

5/31/07 0% 18%

6/15/07 0% 18%

6/30/07 0% 17%

7/15/07 1% 16%

7/31/07 1% 16%

8/15/07 -1% 16%

8/31/07 -1% 16%

9/15/07 0% 16%

9/30/07 1% 15%

10/15/07 2% 14%

10/31/07 2% 13%

11/15/07 2% 13%

11/30/07 2% 14%

12/15/07 2% 14%
12/31/07 2% 15%

1/15/08 2% 14%

1/31/08 2% 15%

2/15/08 1% 15%

2/29/08 2% 15%

3/17/08 2% 15%

3/31/08 2% 15%

4/15/08 2% 15%

4/30/08 3% 14%

5/15/08 2% 14%

5/31/08 2% 14%

6/16/08 3% 14%

6/30/08 3% 14%

7/15/08 3% 13%

7/31/08 4% 13%

8/15/08 5% 13%

8/31/08 5% 14%

9/15/08 5% 14%

9/30/08 6% 15%

10/15/08 7% 15%

10/31/08 8% 14%

11/17/08 9% 14%

11/30/08 10% 14%

12/15/08 11% 14%

12/31/08 11% 12%

1/15/09 13% 13%

1/31/09 14% 9%

2/15/09 16% 9%

2/28/09 18% 8%

3/15/09 19% 8%

3/31/09 21% 8%

4/15/09 22% 8%

4/30/09 24% 8%

5/15/09 26% 8%

5/31/09 28% 7%

6/15/09 29% 7%

6/30/09 31% 7%

7/15/09 33% 7%

7/31/09 34% 6%

8/15/09 35% 6%

8/31/09 37% 6%

9/15/09 39% 6%

9/30/09 40% 5%

10/15/09 41% 5%

10/31/09 42% 6%

11/15/09 43% 6%

11/30/09 44% 6%

12/15/09 45% 6%

12/31/09 46% 7%
THE AVERAGE MATURITY OF TOTAL OUTSTANDING MARKETABLE DEBT A

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

Avg Mat Iss* Average Maturity 

1-Yr Moving Average Total Outstanding

(months) (months)

12/31/80 74 48

3/31/81 73 48

6/30/81 74 50

9/30/81 76 51

12/31/81 77 50

3/31/82 77 50

6/30/82 64 50

9/30/82 57 49

12/31/82 55 47

3/31/83 56 47

6/30/83 69 48

9/30/83 78 50

12/31/83 83 51

3/31/84 84 52

6/30/84 86 53

9/30/84 86 54

12/31/84 86 55

3/31/85 87 56

6/30/85 88 57

9/30/85 89 58

12/31/85 90 59

3/31/86 89 60

6/30/86 90 61

9/30/86 89 62

12/31/86 89 62

3/31/87 88 64

6/30/87 88 65

9/30/87 88 66

12/31/8 12/31/87 83 66

3/31/88 82 66

6/30/88 82 67

9/30/88 67 66

12/31/88 74 67

3/31/89 73 67

6/30/89 74 68

9/30/89 90 69

12/31/89 89 69

3/31/90 90 69

6/30/90 89 69

9/30/90 87 69

12/31/90 86 68

3/31/91 85 68

6/30/91 85 69

9/30/91 84 68

12/31/91 85 68

3/31/92 82 67

6/30/92 80 68

9/30/92 77 67

12/31/92 75 67

3/31/93 74 67

6/30/93 73 67

9/30/93 73 67

12/31/93 61 65

3/31/94 62 65

6/30/94 51 64

9/30/94 51 64

12/31/94 51 63

3/31/95 51 62

6/30/95 51 61

9/30/95 52 62

12/31/95 52 60

3/31/96 52 60

6/30/96 52 60

9/30/96 50 61

12/31/96 62 61
3/31/97 60 61

6/30/97 61 62

9/30/97 62 62

12/31/97 63 63

3/31/98 65 63

6/30/98 75 65

9/30/98 84 67

12/31/98 85 65

3/31/99 87 65

6/30/99 88 67

9/30/99 81 68

12/31/99 78 67

3/31/00 79 67

6/30/00 67 69

9/30/00 64 70

12/31/00 62 69

3/31/01 62 69

6/30/01 62 71

9/30/01 60 68

12/31/01 58 66

3/31/02 42 65

6/30/02 41 64

9/30/02 32 62

12/31/02 25 60

3/31/03 26 59

6/30/03 27 58

9/30/03 27 57

12/31/03 28 56

3/31/04 29 55

6/30/04 31 55

9/30/04 34 55

12/31/04 33 54

3/31/05 37 53

6/30/05 37 55

9/30/05 36 54

12/31/05 36 53

3/31/06 44 53

6/30/06 44 54

9/30/06 54 55

12/31/06 54 54

3/31/07 52 54

6/30/07 58 56

9/30/07 59 56

12/31/07 65 55

3/31/08 66 55

6/30/08 67 56

9/30/08 64 52

12/31/08 65 49

3/31/09 64 49

6/30/09 65 51

9/30/09 67 53

12/31/09 72 55 Actual

9/30/10 77 59 Projected are hypotheti

9/30/11 77 60 Projected are hypotheti

9/30/12 76 61 Projected are hypotheti

9/30/13 77 62 Projected are hypotheti

9/30/14 76 63 Projected are hypotheti

9/30/15 78 63 Projected are hypotheti

9/30/16 78 64 Projected are hypotheti

9/30/17 77 65 Projected are hypotheti

9/30/18 78 66 Projected are hypotheti

9/30/19 79 68 Projected are hypotheti

9/30/20 79 68 Projected are hypotheti

* Excludes CMB's.
Distribution of Marketable Debt Outstanding

Date Bills 2-3 yrs 4-7 yrs 8-10 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% 18.1% 20.4% 16.7% 12.7% 10.4%

9/30/2008 28.5% 15.3% 19.3% 15.7% 11.2% 10.0%

9/30/2009 28.5% 18.7% 20.6% 14.6% 9.7% 7.9%

9/30/2010 19% 23% 26% 15% 10% 7%

9/30/2011 16% 25% 29% 15% 10% 6%

9/30/2012 14% 23% 32% 15% 11% 6%

9/30/2013 13% 21% 34% 16% 11% 6%

9/30/2014 12% 19% 36% 16% 12% 5%

9/30/2015 12% 19% 36% 16% 12% 5%

9/30/2016 12% 19% 36% 16% 12% 5%

9/30/2017 12% 19% 35% 17% 13% 5%

9/30/2018 12% 19% 35% 17% 13% 5%

9/30/2019 13% 18% 34% 17% 13% 5%

9/30/2020 9/30/2020 12% 19% 34% 16% 14% 5% 19% 34% 16% 14% 5%

Projected are hypothetical

Totals may not add due to rounding
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%

12/31/06 35.7% 50.1% 58.6%

3/31/07 36.4% 50.9% 59.4%

6/30/07 34.0% 48.9% 57.7%

9/30/07 35.7% 50.6% 58.3%

12/31/07 36.0% 50.2% 57.5%

3/31/08 38.2% 52.5% 58.6%

6/30/08 36.3% 51.4% 57.1%

9/30/08 41.2% 54.8% 60.2%

12/31/08 43.5% 55.8% 61.8%

3/31/09 43.3% 55.0% 61.8%

6/30/09 41.1% 52.3% 60.3%

9/30/09 38.6% 49.7% 59.1%

9/30/10 29% 43% 54%

9/30/11 28% 43% 53%

9/30/12 27% 41% 52%

9/30/13 26% 41% 52%

9/30/14 26% 41% 53%

9/30/15 26% 42% 53%

9/30/16 27% 42% 54%

9/30/17 27% 43% 54%

9/30/18 28% 42% 54%

9/30/19 26% 41% 53%

9/30/20 26% 42% 53%

Projected are hypothetical ojected a e ypot et ca
Coupons Maturing

NOTE NOTE NOTE NOTE NOTE BOND TIPS NOTE TIPS NOTE TIPS BOND 2-Year 3-Year 5-Year 7-Year 10-Year 30-Year 5-Year 10-Year 20-Year 

2/15/2010 17.467187 16.617068 23.3557092/28/2010 28.8999183/15/2010 15.0050483/31/2010 31.9921244/15/2010 15.001494 31.96553084/30/2010 32.7523125/15/2010 18.941728 18.7488445/31/2010 32.4070944

6/15/2010 14.001099

In Billions - February 15, 2010-November 15, 2039

6/15/2010 14.0010996/30/2010 33.21852157/15/2010 13.0005297/31/2010 34.42130358/15/2010 14.963424 22.4375948/31/2010 34.65306319/15/2010 13.0008279/30/2010 37.148284110/15/2010 13.00086210/31/2010 35.507027711/15/2010 15.96110511/30/2010 38.520388112/15/2010 13.00081312/31/2010 40.77666531/15/2011 13.001339 13.66966731
1/31/2011 41.6980565

2/15/2011 23.4363292/28/2011 42.1450871 17.5001383/31/2011 41.8973979 17.4978614/15/2011 21.984978454/30/2011 41.3865039 17.5014775/31/2011 41.2865305 17.1445926/30/2011 41.1622066 17.5002837/31/2011 43.0515755 16.8306718/15/2011 26.6353168/31/2011 43.2615812 17.5006769/30/2011 43.7618023 17.50015810/31/2011 45.0843773 16.18138811/15/2011 29.443187411/30/2011 45.3212573 17.0365512/15/2011 28.840506412/31/2011 45.3091061 16.1312581/15/2012 32.4836164 7.3129765231/31/2012 14.9302212/15/2012 33.6295722 24.7798382/29/2012 16.6369273/15/2012 34.60496263/31/2012 16.3536634/15/2012 35.5576155 18.417155574/30/2012 16.4504195/15/2012 41.19375615/31/2012 16.2358876/15/2012 35.37010296/30/2012 15.9034237/15/2012 35.5924012 27.685920947/31/2012 15.8036798/15/2012 42.7147798 19.6479768/31/2012 16.09119/15/2012 38.08189019/30/2012 15.87392810/15/2012 39.305708110/31/2012 15.50989111/15/2012 44.974831 18.112742
11/30/2012 15.953078

12/15/2012 40.217333112/31/2012 15.657081/15/2013 41.55347431/31/2013 15.7002142/15/2013 19.4983962/28/2013 17.7840873/31/2013 20.5710944/15/2013 15.341152574/30/2013 20.74275935/15/2013 18.2535535/31/2013 20.51849936/30/2013 22.1448677/15/2013 23.559795627/31/2013 23.31420838/15/2013 33.5211238/31/2013 23.83728419/30/2013 26.21989710/31/2013 25.063373511/15/2013 30.63684411/30/2013 27.819416612/31/2013 30.04354031/15/2014 24.580858211/31/2014 31.2734352/15/2014 28.0810662/28/2014 33.71439193/31/2014 35.61170654/15/2014 15.599381694/30/2014 36.21314225/15/2014 27.3029815/31/2014 36.16982246/30/2014 38.07488257/15/2014 21.801654597/31/2014 39.97641458/15/2014 24.7216348/31/2014 40.17482279/30/2014 40.708927710/31/2014 42.0106551
11/15/2014 25.472536

11/30/2014 43.261453112/31/2014 43.24504531/15/2015 21.521019352/15/2015 34.215057 10.5202995/15/2015 34.4718497/15/2015 18.901213188/15/2015 32.469697 4.02391611/15/2015 23.220785 5.5848591/15/2016 18.524092442/15/2016 21.841772 5.4317542/29/2016 23.17852963/31/2016 25.13760864/30/2016 26.90104615/15/2016 23.29369 18.8235515/31/2016 26.89599496/30/2016 27.78418087/15/2016 21.418072267/31/2016 28.70140598/15/2016 22.5566718/31/2016 28.84266289/30/2016 29.513653410/31/2016 31.764277511/15/2016 23.293786 18.78744811/30/2016 32.960967312/31/2016 32.94843571/15/2017 18.498130022/15/2017 22.1927615/15/2017 25.586541 15.5591697/15/2017 14.606667328/15/2017 28.000273 10.96835811/15/2017 27.6742481/15/2018 16.947185522/15/2018 39.20450915/15/2018 34.0780597 6.7174397/15/2018 15.013304498/15/2018 36.802978311/15/2018 57.3513945 7.17447
1/15/2019 14.84735176

2/15/2019 58.6768013 13.0904985/15/2019 64.41082277/15/2019 15.372436878/15/2019 66.7530437 18.94093211/15/2019 71.03738751/15/2020 10.388645092/15/2020 9.4762685/15/2020 7.5821838/15/2020 17.0593062/15/2021 10.0755735/15/2021 10.0667888/15/2021 9.50638211/15/2021 30.6321948/15/2022 10.1277911/15/2022 7.4236262/15/2023 15.7820618/15/2023 22.65904411/15/2024 9.6041621/15/2025 32.12586172/15/2025 9.509178/15/2025 11.1872071/15/2026 21.79252742/15/2026 12.8379168/15/2026 8.81041811/15/2026 10.8601771/15/2027 17.67567322/15/2027 9.5219718/15/2027 9.19675611/15/2027 22.0213391/15/2028 16.13956054/15/2028 8/15/2028 11.77620111/15/2028 10.9470521/15/2029 14.2536642/15/2029 11.3503414/15/2029 8/15/2029 11.17858
5/15/2030 17.043162

2/15/2031 16.4276484/15/2032 2/15/2036 26.397132/15/2037 16.5894565/15/2037 21.4130452/15/2038 22.52514875/15/2038 25.50012282/15/2039 25.90856935/15/2039 38.7787738/15/2039 41.430538211/15/2039 44.5642492
FY 2010 and 2011 Deficit and Borrowing Estimates 

Primary 

Dealers* CBO 

FY 2010 Deficit Estimates 1,357 1,349 FY 2011 Deficit Estimates 1,121 980 FY 2010 Deficit Range 900-1750FY 2011 Deficit Range 750-1800

FY 2010 Marketable Borrowing Range FY 2010

Mar

k

etable 

Borrowing 

Range 1000 1750 1000-1750

FY 2011 Marketable Borrowing Range 750-1600Estimates as of: Jan 2010 Jan 2010 F

* Based on Primary Dealer feedback on January 28, 2010. Deficit estimates are averages. 
Comparing Deficit Estimates for FY 2010 since February 2009

OMB CBO Primary Dealers

February 09 1171 703 1251

March 09 1171 703 1251

April 09 1171 703 1251

May 09 1171 703 1425

June 09 1171 1432 1425

July 09 1171 1432 1425

August 09 1502 1381 1389

September 09 1502 1381 1389

October 09 1502 1381 1389

November 09 1502 1381 1393

December 09 1502 1381 1393

January 10 1502 1349 1357

February 10 1556 1349 1357
Corp Tax WH Tax NonWH Tax

Mar-82 1.42% 11.64% 21.52%

Apr-82 -2% 11% 18%

May-82 -2% 10% 16%

Jun-82 -8% 8% 12%

Jul-82 -9% 6% 11%

Aug-82 -4% 5% 11%

Sep-82 -8% 4% 11%

Oct-82 -9% 3% 12%

Nov-82 -9% 3% 12%

Dec-82 -13% 2% 12%

Jan-83 -15% 2% 10%

Feb-83 -17% -1% 10%

Mar-83 -17% 0% 9%

Apr-83 -16% -2% -1%

May-83 -17% -1% 0%

Jun-83 -11% 0% -1%

Jul-83 -11% -1% -1%

Aug-83 -13% 0% 0%

Sep-83 -6% -1% -2%

Oct-83 -5% 1% -2%

Nov-83 -4% 1% -3%

Dec-83 2% 2% -3%

Jan-84 4% 2% -5%

Feb-84 5% 3% -6%

Mar-84 12% 3% -6%

Apr-84 19% 4% -2%

May-84 20% 4% -2%

Jun-84 21% 3% -1%

Jul-84 22% 4% -3%

Aug-84 22% 4% -3%

Sep-84 20% 5% -3%

Oct-84 20% 5% -4%

Nov-84 20% 6% -3%

Dec-84 17% 6% -3%

Jan-85 18% 7% -3%

Feb-85 20% 7% -2%

Mar-85 17% 5% -1%

Apr-85 10% 6% 13%

May-85 10% 7% 14%

Jun-85 8% 7% 16%

Jul-85 7% 8% 19%

Aug-85 7% 7% 18%

Sep-85 4% 7% 20%

Oct-85 4% 8% 21%

Nov-85 4% 6% 21%

Dec-85 4% 7% 22%

Jan-86 1% 6% 24%

Feb-86 -1% 7% 23%

Mar-86 -1% 9% 23%

Apr-86 -1% 6% 8%

May-86 0% 5% 9%

Jun-86 1% 5% 6%

Jul-86 4% 5% 7%

Aug-86 3% 5% 8%
Sep-86 4% 5% 7%

Oct-86 4% 4% 8%

Nov-86 3% 4% 8%

Dec-86 7% 4% 8%

Jan-87 9% 4% 12%

Feb-87 10% 2% 13%

Mar-87 17% 2% 13%

Apr-87 19% 5% 34%

May-87 19% 4% 35%

Jun-87 20% 4% 38%

Jul-87 17% 3% 36%

Aug-87 19% 3% 35%

Sep-87 28% 2% 37%

Oct-87 29% 3% 36%

Nov-87 28% 2% 36%

Dec-87 25% 3% 35%

Jan-88 24% 2% 27%

Feb-88 24% 4% 27%

Mar-88 16% 5% 26%

Apr-88 14% 2% -2%

May-88 14% 4% -3%

Jun-88 17% 6% -5%

Jul-88 17% 4% -5%

Aug-88 16% 5% -5%

Sep-88 7% 6% -8%

Oct-88 6% 5% -8%

Nov-88 7% 7% -8%

Dec-88 9% 7% -8%

Jan-89 8% 8% -7%

Feb-89 8% 7% -7%

Mar-89 8% 5% -7%

Apr-89 10% 5% 11%

May-89 10% 5% 13%

Jun-89 6% 4% 14%

Jul-89 7% 7% 14%

Aug-89 8% 6% 15%

Sep-89 7% 6% 17%

Oct-89 6% 7% 17%

Nov-89 7% 7% 18%

Dec-89 0% 5% 18%

Jan-90 0% 6% 17%

Feb-90 1% 9% 18%

Mar-90 1% 8% 18%

Apr-90 -2% 9% 9%

May-90 -2% 10% 1%

Jun-90 -6% 8% 0%

Jul-90 -5% 9% 0%

Aug-90 -6% 8% -1%

Sep-90 -6% 8% -3%

Oct-90 -5% 8% -3%

Nov-90 -7% 5% -3%

Dec-90 -1% 8% -3%

Jan-91 0% 5% -4%

Feb-91 0% 3% -4%

Mar-91 0% 4% -5%
Apr-91 1% 5% -8%

May-91 2% 5% -6%

Jun-91 2% 5% -7%

Jul-91 1% 5% -7%

Aug-91 2% 4% -7%

Sep-91 3% 4% -5%

Oct-91 3% 2% -5%

Nov-91 4% 5% -5%

Dec-91 0% 2% -5%

Jan-92 -2% 5% -2%

Feb-92 -4% 5% -2%

Mar-92 -4% 6% -2%

Apr-92 -3% 3% -3%

May-92 -3% 0% 0%

Jun-92 2% 2% 2%

Jul-92 3% 0% 2%

Aug-92 3% 0% 2%

Sep-92 4% 1% 5%

Oct-92 4% 0% 5%

Nov-92 4% -1% 5%

Dec-92 6% 3% 5%

Jan-93 7% 1% 11%

Feb-93 9% 1% 11%

Mar-93 10% 0% 13%

Apr-93 12% 3% 7%

May-93 10% 5% 7%

Jun-93 10% 4% 6%

Jul-93 9% 5% 6%

Aug-93 9% 6% 6%

Sep-93 12% 6% 4%

Oct-93 11% 6% 4%

Nov-93 11% 7% 4%

Dec-93 15% 6% 3%

Jan-94 15% 6% -5%

Feb-94 15% 7% -5%

Mar-94 17% 6% -6%

Apr-94 16% 6% 3%

May-94 18% 7% 5%

Jun-94 17% 7% 5%

Jul-94 18% 6% 5%

Aug-94 19% 6% 5%

Sep-94 17% 7% 3%

Oct-94 18% 8% 3%

Nov-94 18% 7% 3%

Dec-94 16% 6% 3%

Jan-95 16% 9% -2%

Feb-95 16% 9% -2%

Mar-95 14% 8% -1%

Apr-95 14% 7% 8%

May-95 13% 8% 8%

Jun-95 15% 8% 9%

Jul-95 14% 10% 8%

Aug-95 12% 9% 8%

Sep-95 13% 9% 10%

Oct-95 12% 9% 11%
Nov-95 12% 9% 11%

Dec-95 14% 9% 11%

Jan-96 14% 8% 17%

Feb-96 13% 8% 19%

Mar-96 14% 7% 20%

Apr-96 12% 9% 22%

May-96 12% 8% 18%

Jun-96 8% 6% 20%

Jul-96 9% 6% 20%

Aug-96 10% 6% 20%

Sep-96 8% 7% 21%

Oct-96 9% 6% 19%

Nov-96 9% 7% 19%

Dec-96 6% 7% 22%

Jan-97 6% 6% 22%

Feb-97 6% 5% 21%

Mar-97 7% 7% 20%

Apr-97 8% 7% 16%

May-97 9% 7% 17%

Jun-97 9% 10% 17%

Jul-97 8% 9% 17%

Aug-97 8% 9% 17%

Sep-97 8% 9% 18%

Oct-97 8% 10% 19%

Nov-97 9% 8% 19%

Dec-97 10% 10% 15%

Jan-98 10% 10% 17%

Feb-98 10% 11% 17%

Mar-98 9% 10% 17%

Apr-98 8% 10% 14%

May-98 7% 10% 14%

Jun-98 6% 9% 13%

Jul-98 6% 9% 13%

Aug-98 6% 11% 13%

Sep-98 4% 11% 12%

Oct-98 4% 10% 12%

Nov-98 3% 11% 12%

Dec-98 1% 9% 14%

Jan-99 1% 10% 12%

Feb-99 1% 9% 12%

Mar-99 0% 11% 12%

Apr-99 -1% 10% 10%

May-99 -1% 10% 11%

Jun-99 -1% 11% 10%

Jul-99 -2% 10% 10%

Aug-99 0% 9% 10%

Sep-99 1% 7% 9%

Oct-99 2% 8% 9%

Nov-99 1% 8% 9%

Dec-99 2% 10% 9%

Jan-00 1% 11% 9%

Feb-00 2% 11% 9%

Mar-00 4% 10% 10%

Apr-00 7% 9% 7%

May-00 8% 11% 13%
Jun-00 9% 10% 14%

Jul-00 10% 11% 15%

Aug-00 9% 10% 16%

Sep-00 9% 12% 16%

Oct-00 9% 13% 17%

Nov-00 10% 13% 17%

Dec-00 12% 8% 16%

Jan-01 12% 10% 17%

Feb-01 11% 9% 16%

Mar-01 9% 8% 16%

Apr-01 6% 9% 22%

May-01 4% 6% 13%

Jun-01 -1% 5% 11%

Jul-01 -2% 4% 11%

Aug-01 -4% 4% 9%

Sep-01 -21% 2% 7%

Oct-01 -11% 1% 7%

Nov-01 -12% 0% 7%

Dec-01 -20% 2% 7%

Jan-02 -19% -3% 4%

Feb-02 -18% -4% 4%

Mar-02 -20% -3% 4%

Apr-02 -21% -6% -21%

May-02 -21% -6% -22%

Jun-02 -18% -5% -24%

Jul-02 -17% -6% -24%

Aug-02 -17% -7% -24%

Sep-02 13% -5% -25%

Oct-02 -10% -7% -26%

Nov-02 -10% -6% -26%

Dec-02 -1% -9% -26%

Jan-03 -7% -6% -27%

Feb-03 -6% -5% -27%

Mar-03 -5% -4% -27%

Apr-03 0% -3% -17%

May-03 1% -3% -14%

Jun-03 6% -2% -13%

Jul-03 5% -2% -13%

Aug-03 5% -1% -13%

Sep-03 -8% -2% -12%

Oct-03 6% -1% -12%

Nov-03 7% -2% -11%

Dec-03 4% 1% -10%

Jan-04 9% 0% -11%

Feb-04 8% 0% -10%

Mar-04 10% 0% -9%

Apr-04 10% 0% -6%

May-04 9% 0% -6%

Jun-04 11% 0% -4%

Jul-04 12% 1% -4%

Aug-04 12% 3% -4%

Sep-04 18% 3% -4%

Oct-04 16% 2% -3%

Nov-04 16% 4% -3%

Dec-04 21% 5% -3%
Jan-05 22% 6% 0%

Feb-05 22% 7% -1%

Mar-05 24% 6% -1%

Apr-05 26% 6% 16%

May-05 27% 8% 23%

Jun-05 26% 5% 27%

Jul-05 27% 5% 27%

Aug-05 27% 5% 27%

Sep-05 32% 5% 32%

Oct-05 30% 7% 32%

Nov-05 30% 6% 31%

Dec-05 32% 4% 31%

Jan-06 33% 5% 33%

Feb-06 33% 4% 34%

Mar-06 33% 5% 35%

Apr-06 33% 3% 25%

May-06 32% 4% 23%

Jun-06 31% 7% 22%

Jul-06 30% 8% 22%

Aug-06 31% 7% 22%

Sep-06 25% 8% 21%

Oct-06 27% 7% 22%

Nov-06 27% 8% 22%

Dec-06 23% 8% 22%

Jan-07 22% 9% 22%

Feb-07 21% 9% 21%

Mar-07 20% 9% 20%

Apr-07 17% 11% 27%

May-07 17% 9% 15%

Jun-07 14% 9% 14%

Jul-07 13% 9% 14%

Aug-07 11% 10% 14%

Sep-07 4% 9% 13%

Oct-07 3% 10% 11%

Nov-07 2% 9% 11%

Dec-07 -1% 10% 11%

Jan-08 -1% 7% 10%

Feb-08 -2% 7% 9%

Mar-08 -5% 8% 10%

Apr-08 -6% 6% 2%

May-08 -6% 6% 7%

Jun-08 -9% 6% 6%

Jul-08 -8% 5% 6%

Aug-08 -8% 3% 6%

Sep-08 -10% 4% 4%

Oct-08 -11% 3% 4%

Nov-08 -11% 2% 4%

Dec-08 -20% 1% 4%

Jan-09 -20% 1% 0%

Feb-09 -20% -2% 1%

Mar-09 -22% -3% 0%

Apr-09 -28% -5% -22%

May-09 -28% -6% -22%

Jun-09 -32% -7% -27%

Jul-09 -34% -8% -28%
Aug-09 -34% -9% -28%

Sep-09 -36% -11% -31%

Oct-09 -36% -13% -32%

Nov-09 -36% -13% -32%

Dec-09 -31% -14% -32%