MONTHLY STATEMENT OF THE PUBLIC DEBT
OF THE UNITED STATES

MAY 31, 2003
(Details may not add to totals)

TABLE I -- SUMMARY OF TREASURY SECURITIES OUTSTANDING, MAY 31, 2003

(Millions of dollars)
                                              Amount Outstanding
Title                                         Debt Held             Intragovernmental     Totals
                                              By the Public         Holdings
Marketable:
  Bills.......................................          910,751                    34                910,786
  Notes.......................................        1,690,261                    39              1,690,300
  Bonds.......................................          582,201                   310                582,511
  Inflation-Indexed Notes.....................          109,175                     0                109,175
  Inflation-Indexed Bonds.....................           46,153                     0                 46,153
  Federal Financing Bank  1...................                0                15,000                 15,000
Total Marketable  a...........................        3,338,541        2       15,383              3,353,925

Nonmarketable:
  Domestic Series.............................           29,995                     0                 29,995
  Foreign Series..............................           11,757                     0                 11,757
  R.E.A. Series...............................                1                     0                      1
  State and Local Government Series...........          140,651                     0                140,651
  United States Savings Securities............          198,463                     0                198,463
  Government Account Series...................           53,093             2,766,142              2,819,235
  Other.......................................            4,120                     0                  4,120
Total Nonmarketable  b........................          438,080             2,766,142              3,204,222

Total Public Debt Outstanding.................        3,776,622             2,781,525              6,558,147
TABLE II -- STATUTORY DEBT LIMIT, MAY 31, 2003
.
                                              Amount Outstanding
                                              Debt Held             Intragovernmental     Totals
                                              By the Public         Holdings
Debt Subject to Limit:
  Public Debt Outstanding.....................        3,776,622             2,781,525              6,558,147
  Less Amounts Not Subject to Limit:
    Other Debt Not Subject to Limit...........              517                     0                    517
    Unamortized Discount  3...................           33,541                10,630                 44,171
    Federal Financing Bank....................                0                15,000                 15,000
  Total Public Debt Subject to Limit..........        3,742,564             2,755,895              6,498,459

  Other Debt Subject to Limit:
    Guaranteed Debt of Government Agencies  4               199                     0                    199

  Total Public Debt Subject to Limit..........        3,742,763             2,755,895              6,498,658
  Statutory Debt Limit  5.................................................................         7,384,000
  Balance of Statutory Debt Limit.........................................................           885,342






This statement is available at 3 p.m. Eastern time on the 4th
workday of each month, at www.publicdebt.treas.gov


COMPILED AND PUBLISHED BY
THE BUREAU OF THE PUBLIC DEBT