FROM THE OFFICE OF PUBLIC AFFAIRS November 1, 1999LS-194
The Treasury Department announced on Monday that its net market borrowing for the October – December 1999 quarter is estimated to be $51 billion with a cash balance of $70 billion on In the quarterly announcement of its borrowing needs on Actual net market borrowing for the July – September 1999 quarter was a paydown of $15.9 billion with a cash balance of $56.5 billion on September 30. On August 2, the Treasury Department announced its current estimate of net market borrowing to be a paydown of $11 billion with a cash balance of $45 billion on September 30. The increase in the paydown was the result of lower outlays than estimated. The Quarterly Refunding Press Conference will be held at |
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