500metrics

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

How much US Treasury debt was maturing within a year on 30 June 2025?

On , $8.99 trillion of marketable US Treasury debt was due within 12 months, 1.5% more than a year earlier ($8.86 trillion on ).

Marketable Treasury debt maturing each month, by kind

July 2025 to June 2026As of the month-end of

Marketable Treasury debt maturing each month, by kind, July 2025 to June 2026

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:

  • Due within 12 months$8.99T
  • Bills$5.78T
  • Notes and bonds$2.65T
  • TIPS and FRNs$557.27B
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, 30 June 2024. Every month is in the table under "The numbers behind the chart".

MeasureThis month-endA year earlier
Month-end
Due within 12 months8,990,2028,859,836
Bills5,784,0615,765,830
Notes2,624,8472,557,497
Bonds24,02519,113
TIPS235,595241,059
FRNs321,674276,337
Securities112112
Bills share64.3%65.1%

Observed .

That month-end

July 2025 is the largest month, with $2.39 trillion.

Bills, the securities that mature within a year of issue, were 64.3% of what was due in these months.

A year earlier

At the month-end a year before, , $8.86 trillion was due within the next 12 months, against $8.99 trillion at this one.

All marketable debt

Marketable Treasury debt outstanding at the month-end was $28.65 trillion, by kind:

  • Bills $5.78T
  • Notes and bonds $20.11T
  • TIPS and FRNs $2.76T

Bills made up 20.2% of it. Weighted by amount, it had 72.3 months to go until it matures, on average.

Each kind, in millions

Understanding the maturity calendar

Where it stands today

$8.99T was due within 12 months of the month-end of , 64.3% 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.

Read more

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 inTotalBillsNotesBondsTIPSFRNsSecurities
July 20252,387,1962,094,638165,292055,38871,87916
August 20251,408,4561,138,558258,71111,1870014
September 20251,114,381934,857179,52300013
October 2025938,517644,028174,113042,37678,00014
November 2025602,050341,480260,5700009
December 2025526,005329,137196,8680008
January 2026421,53250,618197,838089,07684,0008
February 2026340,07750,503276,73712,838007
March 2026246,78548,117198,6680005
April 2026403,28450,349216,384048,75587,7967
May 2026336,87252,209284,6640006
June 2026265,04749,568215,4790005
All of these months8,990,2025,784,0612,624,84724,025235,595321,674112

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

What was all marketable debt made of?30 June 2025, $ million
Marketable Treasury debt outstanding at the month-end ($ million)
KindAmount, $ millionShare
Bills5,784,06120.2%
Notes15,073,56252.6%
Bonds5,040,11917.6%
TIPS2,081,0427.3%
Floating rate notes674,3502.4%
All marketable debt28,653,133100.0%
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 inTotalHeld by the FedFed share
July 20252,387,19699,6024.2%
August 20251,408,456115,6908.2%
September 20251,114,38126,5962.4%
October 2025938,51749,7915.3%
November 2025602,05068,71811.4%
December 2025526,00529,7035.6%
January 2026421,53252,72612.5%
February 2026340,07761,76618.2%
March 2026246,78522,3819.1%
April 2026403,28454,86713.6%
May 2026336,87263,25518.8%
June 2026265,04732,55512.3%

Observed .

When are the figures from?

Observed .

500metrics is not affiliated with the New York Fed. The New York Fed does not sanction, endorse, or recommend any products or services offered by 500metrics.

Page updated

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.