Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

February 19, 1999
RR-2960

TREASURY MOVES TO COMPLY WITH SDDS

The Treasury Department announced today two additions to its statistical reporting, motivated by the IMF's Special Data Dissemination Standard (SDDS). First, monthly data on the gross foreign claims and liabilities of the banking sector are published on the Internet.. Data are available on a global basis and for specific regions. The quarterly Treasury Bulletin also includes data on gross foreign claims and liabilities (Table CM I-4 for liabilities and Table CM II-3 for claims). A notice that monthly data are available on the Internet will be included in future editions of the Treasury Bulletin. Second, a maturity breakdown of total outstanding central government debt will be published in future releases of the Monthly Statement of Public Debt. Currently, a maturity breakdown is published only for marketable securities.

Data as of January 31, 1999 are as follows:

1Maturity of over one year.
2Total is for public debt securities. Does not include agency securities, which cannot be broken down by maturity. However, these represent less than 1% of total outstanding debt of the federal government.
Maturity Breakdown of Total Outstanding Debt
($ millions)
Short-Term Debt
Treasury Bills662,725
Nonmarketable259,066
Total Short-Term Debt921,791
Long-Term Debt1
Marketable
Treasury Notes1,976,869
Treasury Bonds653,209
Total Marketable2,630,078
Nonmarketable2,016,194
Total Long-Term Debt4,646,272
Grand Total Outstanding Debt25,568,063

The SDDS was established in 1996 to provide guidance on the dissemination of economic and financial data for countries that have, or that might seek, access to international capital markets. The United States is a subscriber to the SDDS.