The Bureau of the Public Debt has consolidated with the Financial Management Service to form the new Bureau of the Fiscal Service.
You haven't heard of the Bureau of the Public Debt before? We were a small agency within the Department of the Treasury. Our customers were your neighbors, co-workers, and most likely you, too. You were our customer if you've ever bought any type of Treasury security for yourself or, as millions have done in the case of savings bonds, as a gift for someone else.
Our job was to borrow the money needed to operate the federal government and to account for the resulting debt. In a nutshell, we borrowed by selling Treasury bills, notes, and bonds, as well as U.S. Savings Bonds; we paid interest to investors; and, when the time came to pay back the loans, we redeemed investors' securities. Every time we borrowed or paid back money, it affected the outstanding debt of the United States.
We also provided reimbursable administrative, financial management and information technology services to a variety of Federal government entities through our Administrative Resource Center (ARC).
One of our primary responsibilities is to account for the U.S. public debt. We update this number daily at TreasuryDirect.gov
How to Make a Contribution to Reduce the Debt
Campaign and its partner network offer long-term savings solutions with helpful information and access to Treasury savings options.
Public Debt Publishes Strategic Plan for 2009-2014
August 27, 2008 - This is the latest in a series of Public Debt Strategic Plans stretching back nearly 30 years. This plan is organized around our five program areas. In all of our programs, the directions are strategic, the expectations for progress are meaningful and specific, and the accountability is clear.
We invite you to read more about our strategic directions.
Looking for an offering announcement, auction result, or Treasury press release?
It's all at TreasuryDirect!