US treasury

The U.S. Treasury Department said it expects total bond issuance in the market in the third quarter to be $443 billion, and it is estimated that the total amount of cash held at the end of the quarter will be $350 billion. The total amount of debt issued by the Ministry of Finance is higher than the original estimate of US$ 274 billion, mainly due to changes in the assumed cash balance.

The Department also expects that the fourth quarter debt is $381 billion and the quarter-end cash level is expected to reach $410 billion.

The Ministry of Finance borrowed $40 billion through the credit market from April to June, and the cash balance at the end of the second quarter was $264 billion.

Sign Up for Our Newsletters

Get notified of important news and special executive deals.

You May Also Like

“No sexual intercourse = contrary to the will of God” Mexican church leaders involved in sexual assault on girls and other 26 counts

Claimed to have millions of believers around the world, the Mexican-based church…

Fed Chairman Powell: The US economy is in good shape

Federal Reserve Chairman Jerome Powell said at the seminar that the US…

The British ambassador to the United States announced his resignation after the leak: he was unable to perform his duties

The British ambassador to the United States, Kim Darroch, was revealed in…

US Speaker of the House of Representatives announced the formal investigation of Trump’s impeachment

The 2020 election is getting closer and closer. US President Trump has…