How much US Treasury debt was due within a year on 31 December 2003?

On 31 December 2003, $1.48 trillion of marketable US Treasury debt was due within 12 months, 14.1% more than a year earlier ($1.30 trillion on 31 December 2002).

January 2004 is the largest month, with $332.92 billion

Marketable Treasury debt maturing each month, $ trillion

Bills
Notes and bonds
TIPS and floating rate notes

Source: U.S. Treasury, Fiscal Data, Monthly Statement of the Public Debt. Observed 31 Dec 2003.

Each month as a table

Marketable Treasury debt maturing each month ($ million)
Maturing in	Total	Bills	Notes	Bonds	Securities
January 2004	332,918	302,142	30,776	0	6
February 2004	238,775	176,250	62,524	0	7
March 2004	200,091	167,218	32,874	0	5
April 2004	145,265	112,610	32,655	0	6
May 2004	158,671	88,253	66,663	3,755	8
June 2004	116,375	82,325	34,050	0	5
July 2004	33,250	0	33,250	0	1
August 2004	69,978	0	65,978	4,000	4
September 2004	34,656	0	34,656	0	1
October 2004	32,440	0	32,440	0	1
November 2004	88,205	0	79,903	8,302	4
December 2004	33,203	0	33,203	0	1
All of these months	1,483,826	928,798	538,971	16,057	49

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

What is all marketable debt made of?

Marketable Treasury debt outstanding at the month-end ($ million)
Kind	Amount, $ million	Share
Bills	928,798	26.0%
Notes	1,905,721	53.3%
Bonds	564,340	15.8%
TIPS	176,193	4.9%
Floating rate notes	0	0.0%
All marketable debt	3,575,053	100.0%

Weighted by amount, marketable debt had 57.3 months to go until it matures, on average, at the month-end.

How does it compare with a year earlier?

Debt due within the next months ($ million)
Month-end	Total	Bills	Bills share
31 December 2003	1,483,826	928,798	62.6%
31 December 2002	1,300,092	888,764	68.4%

About these figures

The Federal Reserve's part and the source

How much of it did the Federal Reserve hold?

Maturing debt held in the Federal Reserve's System Open Market Account ($ million)
Maturing in	Total	Held by the Fed	Fed share
January 2004	332,918	82,718	24.8%
February 2004	238,775	58,641	24.6%
March 2004	200,091	54,055	27.0%
April 2004	145,265	38,879	26.8%
May 2004	158,671	38,550	24.3%
June 2004	116,375	30,018	25.8%
July 2004	33,250	6,662	20.0%
August 2004	69,978	13,621	19.5%
September 2004	34,656	7,652	22.1%
October 2004	32,440	5,435	16.8%
November 2004	88,205	17,401	19.7%
December 2004	33,203	6,983	21.0%

Source: Federal Reserve Bank of New York, SOMA holdings. Observed 31 Dec 2003.

Source

Source: U.S. Treasury, Fiscal Data, Monthly Statement of the Public Debt. Observed 31 Dec 2003.

Sources and licence

U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data (source). Licence: Public domain, a work of the US federal government
© 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). Licence: Federal Reserve Bank of New York terms of use

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