In public finance, intragovernmental holdings (also known as intragovernmental debt or intragovernmental obligations) are debt obligations that a government owes to its own agencies. These agencies may receive or spend money unevenly throughout the year, or receive it for payout at a future date, as in the case of a pension fund. Lending the excess funds to the government, typically on the accounts of its treasury, enables the government to calculate its net cash requirements over time.
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Transcription
United States
In the United States, intragovernmental holdings are primarily composed of the Medicare trust funds, the Social Security Trust Fund, and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts.[1][2]
See also
US specific:
- United States public debt
- United States Treasury security
- Federal Financing Bank
- Bureau of Public Debt
- Federal Reserve System
- Office of Management and Budget (OMB)
References
- ^ "Frequently Asked Questions about the Public Debt". FAQ. U.S. Department of the Treasury, Bureau of the Public Debt. Archived from the original on January 9, 2008. Retrieved March 21, 2010.
- ^ "FRONTLINE: ten trillion and counting: defining the debt". Defining the debt. PBS. Retrieved March 21, 2010.
External links
- Treasury Direct
- Monthly Statement of the Public Debt (MSPD) and Downloadable Files, Treasury Direct
- Federal Financing Bank
- Factors Affecting Federal Reserve Balances, Federal Reserve statistical release
- Financial Management Service, A Bureau of the United States Department of the Treasury
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This page was last edited on 19 September 2023, at 05:10