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U.S. Treasury expects to issue $266 bln in debt this quarter

Monday, 4 Nov 2013 | 3:00 PM ET

WASHINGTON, Nov 4 (Reuters) - The U.S. Treasury said on Monday it expects to issue $266 billion in net marketable debt in the current quarter, $32 billion more than it estimated previously.

The Treasury also said it expects to issue $265 billion in net marketable debt for the January-March period, ending that quarter with a cash balance of $45 billion.

Treasury said it had borrowed $197 billion in the April-June quarter by issuing marketable debt securities, below its prior forecast of $209 billion in net borrowing.

(Reporting by Jason Lange; Editing by Leslie Adler)