What is the length of the “debt issuance suspension period”?
Under the statute that governs the CSRDF, the term “debt issuance suspension period” means the period of time that the Treasury Secretary determines that Treasury securities cannot be issued without exceeding the debt limit. The determination of the length of the period is based on the facts as they exist at the time. The Secretary has determined that a debt issuance suspension period exists starting on May 16, 2011 and ending on August 2, 2011.
