U.S. Treasury Monthly Statement of the Public Debt (MSPD)
Introduction
The U.S. Treasury Monthly Statement of the Public Debt (MSPD) dataset details the Treasury's outstanding debts and the statutory debt limit. Debt is categorized by whether it is marketable or non-marketable and whether it is debt held by the public or debt held by government agencies. All amounts are reported in millions of U.S. dollars. Data is published on the fourth business day of each month, detailing the debt as of the end of the previous month.
Reports and Files
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Dataset Properties
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| Summary of Treasury Securities Outstanding | record_date | Record Date | The date that data was published. | DATE | 1 |
| Summary of Treasury Securities Outstanding | security_type_desc | Security Type Description | Tier one of a two-tier hierarchy for categorizing Treasury securities. Indicates whether a security type is marketable or nonmarketable. Marketable securities can be traded on the secondary market and have ownership transferred from one person or entity to another. Non-marketable securities cannot be resold to other investors by the original holder. | STRING | 1 |
| Summary of Treasury Securities Outstanding | security_class_desc | Security Class Description | Tier two of a two-tier hierarchy for categorizing Treasury securities. Bills mature in one year or less and are sold at a discount from their face value, earning the holder interest when the security matures at its full face value. Notes mature in 1 to 10 years and pay interest every six months until they mature. Bonds mature in 20 to 30 years and pay interest every six months until they mature. Treasury Inflation-Protected Securities have a principal value that increases with inflation and decreases with deflation (as measured by the Consumer Price Index), while offering semiannual interest payments based on this adjusted principal. Floating Rate Notes are two year marketable securities which pay interest four times a year and has an interest rate that may change over time. Federal Financing Bank is a government corporation and instrumentality of the United States, established in 1973 under the supervision of the Treasury with the primary mission to centralize and reduce the borrowing costs of federal and federally-assisted agencies, ensuring that government debt does not disrupt private financial markets. Domestic Series are specialized certificates of indebtedness that the Treasury issues to specific domestic or international entities and cannot be traded or sold on the secondary market. State and Local Government Series are special purpose securities that Treasury issues to state and local governments to assist with compliance of federal tax laws and IRS regulations governing the investment of cash proceeds generated from a tax-exempt bond issuance. United States Savings Securities are issued directly to buyers (rather than auctioned) and are not traded in secondary markets. Government Account Series are non-marketable, non-transferable Treasury securities issued directly to federal government trust funds and agencies. Other Debt is classified as Subject to the Statutory Debt Limit or Not Subject to the Statutory Debt Limit. Some of the debt classified as subject to the Statutory Debt Limit include Mortgage Guaranty Insurance Company Tax and Loss Bonds, United States Saving Stamps, Armed Forces Leave Bonds, and other securities. Some of the Debt classified as Not Subject to the Statutory Debt Limit include United States Notes, National and Federal Reserve Bank Notes assumed by the United States on Deposit of lawful money for their retirement, Silver Certificates (Act of June 24 1967), and other securities. | STRING | 1 |
| Summary of Treasury Securities Outstanding | debt_held_public_mil_amt | Debt Held by the Public (in Millions) | All federal debt held by individuals, corporations, state or local governments, Federal Reserve Banks, foreign governments, and other entities outside the United States Government less Federal Financing Bank securities. All figures are rounded to the nearest million. | CURRENCY0 | 1 |
| Summary of Treasury Securities Outstanding | intragov_hold_mil_amt | Intragovernmental Holdings (in Millions) | Government Account Series securities held by Government trust funds, revolving funds, and special funds; and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts. All figures are rounded to the nearest million. | CURRENCY0 | 1 |
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Notes & Known Limitations
Total Public Debt Outstanding Disclaimer
There are six datasets on Fiscal Data which include the national debt, which is referred to as Total Public Debt Outstanding (TPDO). TPDO is the sum of Debt Held by the Public and Intragovernmental (Intragov) Holdings. Some datasets include debt issued by the Federal Financing Bank (FFB). The datasets listed below only include debt issued by the Treasury Department. The list below provides information on where there are differences in debt calculations related to the national debt.
Debt to the Penny contains TPDO, as well as a breakout of Debt Held by the Public and Intragov Holdings. In this dataset, Intragov Holdings includes debt issued by the FFB.
Historical Debt Outstanding contains TPDO, but no breakout of Debt Held by the Public and Intragov Holdings. In this dataset, TPDO includes debt issued by the FFB.
Daily Treasury Statement (DTS) contains Debt Held by the Public and Intragov Holdings, but does not aggregate these two categories into TPDO. In this dataset, Intragov Holdings includes debt issued by the FFB. Dollar values for Debt Held by the Public and Intragov Holdings are rounded in millions to cohere with other data in the dataset. Please note that the published reports on the Fiscal Service site contain TPDO values.
Monthly Treasury Statement (MTS) contains TPDO, as well as a breakout of Debt Held by the Public and Intragov Holdings. In this dataset, Intragov Holdings includes debt issued by the FFB.
Monthly Statement of the Public Debt (MSPD) contains TPDO, as well as a breakout of Debt Held by the Public and Intragov Holdings. In this dataset, Intragov Holdings includes debt issued by the FFB. Dollar values are rounded in millions to cohere with other data in the dataset.
Schedules of Federal Debt contains Debt Held by the Public and Intragov Holdings, but does not aggregate these two categories into TPDO. In this dataset, Intragov Holdings do not include debt issued by the FFB. Dollar values are rounded in millions to cohere with other data in the dataset.
End Total Public Debt Outstanding Disclaimer
The Statutory Debt Limit is the maximum amount, established by law, of public debt that can be outstanding at a given time. In the Detail of Non-Marketable Treasury Securities Outstanding table, values with an asterisk (*) denote values less than $500,000. Also for data in this table before 2007, redemptions (retired) and inflation adjustments are combined in one field: inflation_adj_amt. Some columns in this dataset overlap with the Historical Debt Outstanding, Gift Contributions to Reduce the Public Debt, Debt to the Penny, Monthly Treasury Statement (MTS), Schedules of Federal Debt, Daily Treasury Statement (DTS), and Savings Bonds Securities datasets.
Debt issued by the Federal Financing Bank is included in the intragovernmental holdings and total public debt outstanding on the MSPD, but not in the Schedules of Federal Debt because it is not debt managed by the Bureau of the Fiscal Service. The difference between these datasets is equal to the amount of the Federal Financing Bank securities outstanding. Total savings bonds outstanding reported in the MSPD will not match total savings bonds outstanding in the Savings Bonds Securities dataset due to a difference in the timing of when reversals and reconciliation transactions are recorded. Gifts to Reduce the Public Debt on the MSPD are reported with a one month lag.
Total Public Debt Outstanding = Debt Held by the Public + Intragovernmental Holdings
Please note that Total Public Debt Outstanding may be calculated differently within different datasets. See those datasets Notes & Known Limitations section for more details.
API Quick Guide
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