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

How much US Treasury debt was maturing within a year on 31 January 2003?

On 31 January 2003, $1.28 trillion of marketable US Treasury debt was due within 12 months, 7.5% more than a year earlier ($1.19 trillion on 31 January 2002).

Marketable Treasury debt maturing each month, by kind

February 2003 to January 2004As of the month-end of 31 Jan 2003

$0.1T$0.2T$0.3TFebMarAprMayJunJulAugSepOctNovDecJan

February 2003 Bills $229.44B Notes and bonds $54.92B Total $284.37BMarch 2003 Bills $149.56B Notes and bonds $28.85B Total $178.41BApril 2003 Bills $165.88B Notes and bonds $25.91B Total $191.79BMay 2003 Bills $133.91B Notes and bonds $29.71B Total $163.63BJune 2003 Bills $85.05B Notes and bonds $27.80B Total $112.85BJuly 2003 Bills $105.50B Notes and bonds $16.00B Total $121.50BAugust 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 $29.67BJanuary 2004 Notes and bonds $30.78B Total $30.78B

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 Jan 2003

Due within 12 months$1.28T
Bills$869.34B
Notes and bonds$413.55B
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 January 2002. Every month is in the table under "The numbers behind the chart".

Debt due within 12 months of 31 January 2003 and of 31 January 2002 ($ million)
Measure	This month-end	A year earlier
Month-end	31 January 2003	31 January 2002
Due within 12 months	1,282,893	1,193,209
Bills	869,342	792,726
Notes	396,534	377,341
Bonds	17,017	4,512
TIPS	0	18,629
FRNs	0	0
Securities	51	54
Bills share	67.8%	66.4%

Observed 31 Jan 2003.

That month-end

February 2003 is the largest month, with $284.37 billion.

Bills, the securities that mature within a year of issue, were 67.8% of what was due in these months.

A year earlier

At the month-end a year before, 31 January 2002, $1.19 trillion was due within the next 12 months, against $1.28 trillion at this one.

All marketable debt

Marketable Treasury debt outstanding at the month-end was $3.20 trillion, by kind:

Bills $869.34B
Notes and bonds $2.17T
TIPS and FRNs $152.91B

Bills made up 27.2% of it. Weighted by amount, it had 61.7 months to go until it matures, on average.

Each kind, in millions

Understanding the maturity calendar

Where it stands today

$1.28T was due within 12 months of the month-end of 31 Jan 2003, 67.8% 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
February 2003	284,367	229,442	51,918	3,007	8
March 2003	178,408	149,561	28,848	0	6
April 2003	191,790	165,879	25,912	0	6
May 2003	163,625	133,912	26,464	3,249	8
June 2003	112,846	85,048	27,798	0	6
July 2003	121,504	105,501	16,003	0	6
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
January 2004	30,776	0	30,776	0	1
All of these months	1,282,893	869,342	396,534	17,017	51

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

What was all marketable debt made of?31 January 2003, $ million

Marketable Treasury debt outstanding at the month-end ($ million)
Kind	Amount, $ million	Share
Bills	869,342	27.2%
Notes	1,586,116	49.6%
Bonds	588,690	18.4%
TIPS	152,912	4.8%
Floating rate notes	0	0.0%
All marketable debt	3,197,061	100.0%

When are the figures from?