Who funds the roll?

Tape log

Updates

A dated record of the file, not a blog.

  1. 2026-10-08

    Tape file 2026-10-08. Debt $40.28T / $32.44T / $7.84T as of 2026-10-07. Tokenized U.S. Treasuries $14.95B as of 2026-10-08 · ratio 21.0 bp (bills $7.12T · wall $10.64T rolled to 2026-09-30). Holders Group B refreshed (eight-card sum ≈ $10.60B; residual vs numerator ≈ $4.35B; iBENJI off-card). Companion avg rates + FYTD interest rolled with MSPD.

    Print

  2. 2026-10-01

    Tape file 2026-10-01. Debt $40.10T / $32.37T / $7.73T as of 2026-09-29. Tokenized U.S. Treasuries $14.69B as of 2026-10-01 · ratio 20.3 bp (bills $7.25T · wall $10.77T still 2026-08-31). Holders Group B refreshed (eight-card sum ≈ $10.38B; residual vs numerator ≈ $4.31B; iBENJI off-card). Numerator billion-scale; cards penny-exact.

  3. 2026-09-24

    Tape file 2026-09-24. Debt $40.10T / $32.38T / $7.72T as of 2026-09-22. Tokenized U.S. Treasuries $14.94B as of 2026-09-24 · ratio 20.6 bp (bills $7.25T · wall $10.77T still 2026-08-31). Holders Group B refreshed (eight-card sum ≈ $10.56B; residual vs numerator ≈ $4.38B; iBENJI off-card).

    2026-09-09

    Price of the front: bill average rate 3.788% and companion marketable rates as of 2026-08-31 on /wall; FYTD interest expense $1.27T on Receipts.