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U.S. Treasury balances at Fed fell on Oct. 17
WASHINGTON, Oct 20 (Reuters) - U.S. Treasury balances at the Federal Reserve, based on the Treasury Department's latest budget statement (billions of dollars, except where noted):
Oct. 17 Oct. 16
Fed acct 8.064 10.293
Supplementary financing* 499.109 499.109
Tax/loan note acct 27.906 35.819
Cash balance 535.079 545.222
National debt
subject to limit 10,268.833 10,265.692
The statutory debt limit is $11.315 trillion.
The Treasury said it issued $1.266 billion in individual income tax refunds, including $145 million under the Economic Stimulus Act of 2008. It also issued $664 million in corporate income tax refunds.
* Supplementary financing program represents funds raised through cash management bills to bolster Federal Reserve's balance sheet and fund market stability initiatives.
(Reporting by Doug Palmer)
