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

How much US Treasury debt was maturing within a year on 31 December 2004?

On 31 December 2004, $1.52 trillion of marketable US Treasury debt was due within 12 months, 2.7% more than a year earlier ($1.48 trillion on 31 December 2003).

Marketable Treasury debt maturing each month, by kind

January 2005 to December 2005As of the month-end of 31 Dec 2004

$0.1T$0.2T$0.3TJanFebMarAprMayJunJulAugSepOctNovDec

January 2005 Bills $253.86B Notes and bonds $33.84B Total $287.70BFebruary 2005 Bills $200.94B Notes and bonds $49.17B Total $250.11BMarch 2005 Bills $238.28B Notes and bonds $35.21B Total $273.50BApril 2005 Bills $96.47B Notes and bonds $34.30B Total $130.77BMay 2005 Bills $98.60B Notes and bonds $78.58B Total $177.18BJune 2005 Bills $115.01B Notes and bonds $31.70B Total $146.71BJuly 2005 Notes and bonds $30.00B Total $30.00BAugust 2005 Notes and bonds $54.87B Total $54.87BSeptember 2005 Notes and bonds $31.54B Total $31.54BOctober 2005 Notes and bonds $32.37B Total $32.37BNovember 2005 Notes and bonds $75.48B Total $75.48BDecember 2005 Notes and bonds $34.00B Total $34.00B

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 2004

Due within 12 months$1.52T
Bills$1.00T
Notes and bonds$521.04B
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 2003. Every month is in the table under "The numbers behind the chart".

Debt due within 12 months of 31 December 2004 and of 31 December 2003 ($ million)
Measure	This month-end	A year earlier
Month-end	31 December 2004	31 December 2003
Due within 12 months	1,524,209	1,483,826
Bills	1,003,172	928,798
Notes	507,507	538,971
Bonds	13,530	16,057
TIPS	0	0
FRNs	0	0
Securities	46	49
Bills share	65.8%	62.6%

Observed 31 Dec 2004.

That month-end

January 2005 is the largest month, with $287.70 billion.

Bills, the securities that mature within a year of issue, were 65.8% of what was due in these months.

A year earlier

At the month-end a year before, 31 December 2003, $1.48 trillion was due within the next 12 months, against $1.52 trillion at this one.

All marketable debt

Marketable Treasury debt outstanding at the month-end was $3.95 trillion, by kind:

Bills $1.00T
Notes and bonds $2.70T
TIPS and FRNs $245.94B

Bills made up 25.4% of it. Weighted by amount, it had 55.1 months to go until it matures, on average.

Each kind, in millions

Understanding the maturity calendar

Where it stands today

$1.52T was due within 12 months of the month-end of 31 Dec 2004, 65.8% 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
January 2005	287,698	253,861	33,837	0	5
February 2005	250,112	200,945	49,167	0	6
March 2005	273,496	238,284	35,211	0	6
April 2005	130,769	96,474	34,295	0	5
May 2005	177,184	98,601	74,323	4,261	8
June 2005	146,708	115,007	31,701	0	6
July 2005	29,997	0	29,997	0	1
August 2005	54,864	0	45,595	9,270	3
September 2005	31,539	0	31,539	0	1
October 2005	32,368	0	32,368	0	1
November 2005	75,477	0	75,477	0	3
December 2005	33,996	0	33,996	0	1
All of these months	1,524,209	1,003,172	507,507	13,530	46

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

What was all marketable debt made of?31 December 2004, $ million

Marketable Treasury debt outstanding at the month-end ($ million)
Kind	Amount, $ million	Share
Bills	1,003,172	25.4%
Notes	2,157,072	54.7%
Bonds	539,476	13.7%
TIPS	245,941	6.2%
Floating rate notes	0	0.0%
All marketable debt	3,945,661	100.0%

How much of it did the Federal Reserve hold?System Open Market Account, $ million

Maturing debt held in the Federal Reserve's System Open Market Account ($ million)
Maturing in	Total	Held by the Fed	Fed share
January 2005	287,698	67,429	23.4%
February 2005	250,112	67,926	27.2%
March 2005	273,496	64,136	23.5%
April 2005	130,769	34,691	26.5%
May 2005	177,184	44,608	25.2%
June 2005	146,708	31,925	21.8%
July 2005	29,997	5,864	19.5%
August 2005	54,864	13,146	24.0%
September 2005	31,539	6,585	20.9%
October 2005	32,368	6,551	20.2%
November 2005	75,477	15,486	20.5%
December 2005	33,996	7,987	23.5%

Observed 29 Dec 2004.

When are the figures from?

Observed 31 Dec 2004.

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Page updated 4 Oct 2026, 09:34 UTC

Sources

© 2026 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org. The Federal Reserve share of maturities is computed by 500metrics. (source) Terms: Federal Reserve Bank of New York terms of use.