U.S. Treasury expects to pay down $35 billion in debt in Q2
WASHINGTON, April 29
WASHINGTON, April 29 (Reuters) - The U.S. Treasury said on Monday it expects to pay down $35 billion in net marketable debt in the current quarter after previously saying it would borrow $103 billion.
The Treasury said it expects to issue $223 billion in net marketable debt for the July-September quarter and end the quarter with a cash balance of $80 billion.
Treasury said it issued $349 billion in net marketable debt securities in the January-March 2013 quarter.