Federal Reserve Economic Data: Your trusted data source since 1991

Market Value of Privately Held Gross Federal Debt (MVPHGFD027MNFRBDAL)


Apr 2024: 21,329.1 (+ more)   Updated: May 15, 2024 2:33 PM CDT
Apr 2024:  21,329.1  
Mar 2024:  21,609.7  
Feb 2024:  21,394.8  
Jan 2024:  21,235.8  
Dec 2023:  21,042.6  
View All


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 http://www.dallasfed.org/research/econdata/govdebt.cfm.

Suggested Citation:

Federal Reserve Bank of Dallas, Market Value of Privately Held Gross Federal Debt [MVPHGFD027MNFRBDAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MVPHGFD027MNFRBDAL, May 25, 2024.


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