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(AFX UK Focus) 2008-11-03 21:15
U.S. Treasury balances at Fed rose on Oct. 31
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WASHINGTON, Nov 3 (Reuters) - The U.S. Treasury Department daily budget statement for Oct. 31 released on Monday showed U.S. Treasury balances at the Federal Reserve rose. It did not show any equity purchases under the Troubled Asset Relief Program.

Following are details on the Treasury's operating cash balance (billions of dollars, except where noted):
Oct. 31 Oct. 30


Fed acct 43.998 27.494
Supplementary financing* 558.851 558.851
Tax/loan note acct 12.109 10.097
Cash balance 614.959 596.442

National debt


subject to limit 10,504.702 10,463.219

The statutory debt limit is $11.315 trillion.

The Treasury said it issued $2.518 billion in individual income tax refunds - including $298 million for payments under the Economic Stimulus Act of 2008. It also issued $181 million in corporate income tax refunds.

  • SUPPLEMENTARY FINANCING PROGRAM REPRESENTS FUNDS RAISED through cash management bills to bolster Federal Reserve's balance sheet and fund market stability initiatives. (Reporting by Nancy Waitz; Editing by Dan Grebler) Keywords: USA CASHBALANCES/ (nancy.waitz@reuters.com; +1-202-310-5477; Reuters Messaging: nancy.waitz.reuters.com@reuters.net)

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