FROM THE OFFICE OF PUBLIC AFFAIRS

The Treasury Department today began publication of a data series on U.S. gross external debt. The overall magnitude of U.S. indebtedness to foreigners and some of the major components are already well known. This presentation provides more detail.

U.S. data are now available for the quarter ending June 30, 2003, and will henceforth be available quarterly, with a lag of one quarter, on Treasury’s website located at http://www.treas.gov/tic/external-debt.html.

This data series conforms to guidelines of the IMF’s Special Data Dissemination System (SDDS).