Bureau of Public Debt (BPD)

The Bureau of Public Debt conducts and administers some 140 public auctions a year. It also administers the sale of savings bonds through over 40,000 locations across the country.

The Bureau of Public Debt calculates and processes the interest and principal payments owed to bondholders. Further, the Bureau processes claims of stolen, lost, or destroyed securities and promotes the sale of savings bonds (click here to learn about EE Bonds and other types of savings bonds).

The Bureau of Public Debt reports the size of the public debt every morning around 11:30 am EST. It relies on about 50 reporting agencies to come up with the tally.