The Treasury organization manages BPA’s total debt portfolio which includes both federal and non-federal debt.

Below is an outline of the various functions preformed in the Treasury organization:

  • Non-federal debt management: develop overall financial initiatives to strengthen BPA’s financial health and maintain its strong bond credit rating. Non-Federal debt management duties include relationship responsibilities with the national financing community, rating agencies, investment banks, and bond investors. Other functions include preparation of the agency’s interest rate policy and analysis regarding the repayment of debt.
  • Federal debt management: efficiently use BPA’s U.S. Treasury borrowing authority. The Infrastructure Investment and Jobs Act was signed into law in late 2021, providing a permanent increase of $10 billion to BPA’s U.S. Treasury borrowing authority. Of the increase, $6 billion is available immediately and the remaining $4 billion will be available at the start of FY 2028, bringing the total up to $17.7 billion in 2028.

Frequency of Posting: Infrequent

POC: Alayne Switzer, FTR

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