What are the investments in the CSRDF that Treasury can redeem?
The statute governing the CSRDF gives Treasury authority to redeem existing Treasury securities held by the CSRDF in an amount up to the amount of civil service benefit payments authorized to be made from the CSRDF during the debt issuance suspension period. Treasury makes approximately $6 billion in civil service benefit payments from the CSRDF each month. Therefore, the total amount of investments that Treasury can redeem is equal to approximately $6 billion multiplied by the number of months in the debt issuance suspension period.
