The US Treasury Department will borrow $ 367 billion in the first quarter of 2020, $ 22 billion lower than the previous estimate based on the assumption of $ 400 billion at the end of March 2020.
On February 3, announced less than previously forecast in the first quarter of this year.
The US Treasury Department will borrow $ 367 billion in the first quarter of 2020, $ 22 billion lower than the previous estimate based on the assumption of $ 400 billion at end of March 2020.
The ministry said the reduction in loans was due to changes in fiscal expectations, in which the situation of cash shortage decreased.
In October 2019, the ministry is expected to issue $ 389 billion of net marketable net debt between January and March 2020.
The Ministry has borrowed 330 billion USD through from October 10, 2019, at the end of this period with 404 billion USD in cash.
