(Bloomberg) -- Treasury Watch, a daily snapshot of selected content on the U.S. Treasury and government finances.
What to Watch
- July 3: Treasury to sell $40 billion in 4-week bills, $39 billion in 3-month bills and $33 billion in 6-month bills
Treasury Finance
As of June 28, the Treasury reported a total operating balance of $197.597 billion and $19.809 trillion in outstanding public debt. The current debt limit is about $19.8 trillion.
Through May, the U.S. has paid $285.2 billion in interest expenses for the fiscal year ending Sept. 30. The average interest rate on interest-bearing debt was 2.276% in May 2017 compared to 2.304% in April 2017.
The Federal Reserve Bank of Dallas, in its monthly report, estimates that the market value of U.S. debt is almost $20.4 trillion.
Recommended Reading
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Why U.S. Is Debating the Debt Ceiling All Over Again: QuickTake
U.S. Targets Chinese Bank to Ramp Up Pressure on North Korea
For Treasury Secretary Mnuchin news and profile, click HERE
For U.S. Treasury news, click HERE
For U.S. Treasury website, click HERE
For Treasury and Money Markets Monitor, click HERE
To contact the reporter on this story: Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net.
To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net, Kristy Scheuble
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