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Market Value of Marketable Treasury Debt (MVMTD027MNFRBDAL)


Feb 2023: 22,397.8 (+ more)   Updated: Mar 13, 2023
Feb 2023:  22,397.8  
Jan 2023:  22,630.2  
Dec 2022:  21,925.4  
Nov 2022:  22,117.6  
Oct 2022:  21,511.7  
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Billions of Dollars,
Not Seasonally Adjusted




Source: Federal Reserve Bank of Dallas  

Release: Market Value of U.S. Government Debt  

Units:  Billions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly


For many uses, market value more accurately represents the debt burden faced by the U.S. government than the par value. The par value of government debt, which is reported by the U.S. Treasury Department, reflects interest rates at the time the debt was issued while the market value is adjusted to reflect market interest rates as of the observed period. Federal Reserve Bank of Dallas researchers calculates the market value of U.S. government debt series. For further information visit

Suggested Citation:

Federal Reserve Bank of Dallas, Market Value of Marketable Treasury Debt [MVMTD027MNFRBDAL], retrieved from FRED, Federal Reserve Bank of St. Louis;, March 27, 2023.


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