Maturities · Month-end record, Monthly Statement of the Public Debt

How much US Treasury debt was maturing within a year on 31 December 2002?

On 31 December 2002, $1.30 trillion of marketable US Treasury debt was due within 12 months, 6.9% more than a year earlier ($1.22 trillion on 31 December 2001).

Marketable Treasury debt maturing each month, by kind

January 2003 to December 2003As of the month-end of 31 Dec 2002

$0.1T$0.2T$0.3T$0.4TJanFebMarAprMayJunJulAugSepOctNovDec

January 2003 Bills $298.74B Notes and bonds $28.55B Total $327.29BFebruary 2003 Bills $166.09B Notes and bonds $54.92B Total $221.01BMarch 2003 Bills $149.56B Notes and bonds $28.85B Total $178.41BApril 2003 Bills $80.25B Notes and bonds $25.91B Total $106.16BMay 2003 Bills $109.08B Notes and bonds $29.71B Total $138.79BJune 2003 Bills $85.05B Notes and bonds $27.80B Total $112.85BJuly 2003 Notes and bonds $16.00B Total $16.00BAugust 2003 Notes and bonds $70.03B Total $70.03BSeptember 2003 Notes and bonds $22.68B Total $22.68BOctober 2003 Notes and bonds $25.15B Total $25.15BNovember 2003 Notes and bonds $52.06B Total $52.06BDecember 2003 Notes and bonds $29.67B Total $29.67B

Each kind

Bills
Notes and bonds
TIPS and FRNs

Each column is one month after the month-end, in parts by kind of security; pointing at a column shows them.

The linesLatest: 31 Dec 2002

Due within 12 months$1.30T
Bills$888.76B
Notes and bonds$411.33B
TIPS and FRNs$0

Inspect and compare dates

What matures within 12 months of this month-end beside the same months counted from the month-end a year earlier, 31 December 2001. Every month is in the table under "The numbers behind the chart".

Debt due within 12 months of 31 December 2002 and of 31 December 2001 ($ million)
Measure	This month-end	A year earlier
Month-end	31 December 2002	31 December 2001
Due within 12 months	1,300,092	1,216,042
Bills	888,764	811,246
Notes	394,311	381,623
Bonds	17,017	4,512
TIPS	0	18,662
FRNs	0	0
Securities	52	54
Bills share	68.4%	66.7%

Observed 31 Dec 2002.

That month-end

January 2003 is the largest month, with $327.29 billion.

Bills, the securities that mature within a year of issue, were 68.4% of what was due in these months.

A year earlier

At the month-end a year before, 31 December 2001, $1.22 trillion was due within the next 12 months, against $1.30 trillion at this one.

All marketable debt

Marketable Treasury debt outstanding at the month-end was $3.21 trillion, by kind:

Bills $888.76B
Notes and bonds $2.17T
TIPS and FRNs $146.85B

Bills made up 27.7% of it. Weighted by amount, it had 61.8 months to go until it matures, on average.

Each kind, in millions

Understanding the maturity calendar

Where it stands today

$1.30T was due within 12 months of the month-end of 31 Dec 2002, 68.4% of it in bills.

What does the maturity calendar show?

Treasury usually pays maturing debt with new borrowing, so the amount due is the amount Treasury rolls over into new securities.

Bills issued after the month-end are not here; the calendar filled with new bills every week.

The numbers behind the chart

How much was due in each of the 12 months after it?$ million, by kind

Marketable Treasury debt maturing each month ($ million)
Maturing in	Total	Bills	Notes	Bonds	Securities
January 2003	327,291	298,738	28,553	0	7
February 2003	221,012	166,087	51,918	3,007	8
March 2003	178,408	149,561	28,848	0	6
April 2003	106,163	80,251	25,912	0	6
May 2003	138,793	109,080	26,464	3,249	8
June 2003	112,846	85,048	27,798	0	6
July 2003	16,003	0	16,003	0	1
August 2003	70,030	0	66,528	3,501	4
September 2003	22,675	0	22,675	0	1
October 2003	25,148	0	25,148	0	1
November 2003	52,056	0	44,796	7,260	3
December 2003	29,667	0	29,667	0	1
All of these months	1,300,092	888,764	394,311	17,017	52

The table scrolls sideways; the first column stays in place.

What was all marketable debt made of?31 December 2002, $ million

Marketable Treasury debt outstanding at the month-end ($ million)
Kind	Amount, $ million	Share
Bills	888,764	27.7%
Notes	1,580,833	49.3%
Bonds	588,690	18.4%
TIPS	146,850	4.6%
Floating rate notes	0	0.0%
All marketable debt	3,205,137	100.0%

When are the figures from?