Interest Expense on the Public Debt Outstanding

The monthly Interest Cost represents the interest expense on thePublic Debt Outstanding as of each month end. The interest expense on the Public Debt includes interest for Treasury notes and bonds; foreign and domestic series certificates of indebtedness, notes and bonds; Savings Bonds; as well asGovernment Account Series (GAS ), State and Local Governmentseries (SLGs), and other special purpose securities. Amortized discount or premium on bills, notes and bonds is also included in interest cost.

The fiscal year Interest Cost represents the total interest expense on the Public Debt Outstanding for a given fiscal year. This includes the months of October through September.

INTEREST COST
FISCAL YEAR 1996
OCTOBER…… $21,631,482,035.34
NOVEMBER….. $26,005,504,235.39
DECEMBER….. $60,676,121,366.98
JANUARY…….. $20,922,956,796.85
FEBRUARY…… $20,976,571,105.23
MARCH………… $20,738,512,180.61
APRIL……………. $21,481,421,021.80
MAY……………….. $26,902,389,739.02
JUNE………………. $59,701,622,606.61

JULY-AUGUST-SEPTEMBER FISCAL YEAR
TOTAL…………. $279,036,581,087.82
INTEREST COST
FISCAL YEAR TOTALS
FISCAL YEAR 1988….. $214,145,028,847.73
FISCAL YEAR 1989….. $240,863,231,535.71
FISCAL YEAR 1990….. $264,852,544,615.90
FISCAL YEAR 1991….. $286,021,921,181.04
FISCAL YEAR 1992….. $292,361,073,070.74
FISCAL YEAR 1993….. $292,502,219,484.25
FISCAL YEAR 1994….. $296,277,764,246.26
FISCAL YEAR 1995….. $332,413,555,030.62

Last Updated Jul, 18 1996