UNITED STATES
Table A:  Gross External Debt Position: By Sector 1/ 2/ as of March 31, 2026
U.S. Dollars in Millions
General Government  10,584,074
Short-term 1,512,557
Currency and deposits 3/ 0
Debt securities 1,512,557
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 9,071,517
Special drawing rights (allocations) 6/ 155,798
Currency and deposits 3/ 0
Debt securities 8,699,138
Loans 0
Trade credit and advances 216,581
Other debt liabilities 4/ 0
Central Bank 1,098,759
Short-term 1,098,759
Currency and deposits 3/ 1,098,759
Debt securities 0
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 0
Special drawing rights (allocations) 6/ 0
Currency and deposits 3/ 0
Debt securities 0
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 0
Deposit-Taking Corporations, except the Central Bank 4,458,121
Short-term 3,264,953
Currency and deposits 3/ 1,871,189
Debt securities 156,680
Loans 1,237,084
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 1,193,168
Currency and deposits 3/ 435,670
Debt securities 209,517
Loans 547,981
Trade credit and advances 0
Other debt liabilities 4/ 0
Other Sectors 12,245,881
Short-term 4,477,558
Currency and deposits 3/ 730,895
Debt securities 109,466
Loans 3,502,415
Trade credit and advances 134,782
Other debt liabilities 4/ 5/ 0
Long-term 7,768,323
Currency and deposits 3/ 9,521
Debt securities 7,219,512
Loans 532,683
Trade credit and advances 6,607
Other debt liabilities 4/ 0
Direct Investment: Intercompany Lending 1,810,126
Debt liabilities of direct investment enterprises to direct investors               956,160
Debt liabilities of direct investors to direct investment enterprises  853,966
Debt liabilities to fellow enterprises
Gross External Debt Position 30,196,961
     
Memorandum items
Arrears: By Sector 21,389
General Government 0
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 153
Other Sectors 21,236
Direct investment: Intercompany Lending 0
Debt Securities: By Sector 2/  14,438,282
General Government 7,913,955
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 207,585
Other Sectors 6,316,742
     
1/ Source: Department of the Treasury, June 30, 2026.  
2/ All debts are presented at face value. Exception: long-term debt securities in
the memorandum section are valued at market value, as recommended.
3/ It is recommended that all currency and deposits be included in the short-term category
unless detailed information is available to make the short-term/long-term attribution.
4/ Other debt liabilities comprise insurance, pension, and standardized guarantee schemes,
and other accounts payable. It is recommended that insurance, pension, and standardized
guaranteed schemes be classified as long term.  
5/ Arrears are recorded in the original debt instrument. Arrears are shown separately in
the memorandum items.  
6/ In line with BPM6, SDR allocations should be reported as long-term external debt liabilities.