Bureau of the Public Debt

The Bureau of the Public Debt, part of the U.S. Department of the Treasury, manages the nation's federal debt and oversees the issuance of government securities, like savings bonds and Treasury bills. Its primary role is to borrow money for government operations and pay off existing debts. This involves ensuring that funds are raised efficiently and that interest payments to investors are made on time. Additionally, it provides services related to public debt management and informs the public about government borrowing activities. Overall, it plays a critical role in the financial stability and creditworthiness of the United States.