Will the US Treasury issue bonds with a face value different to sale value in 2023 to get around debt ceiling issues?
13
132
250
resolved Jan 1
Resolved
NO

One famous method for sidestepping debt ceiling problems is the platinum coin.

Another is the possibility raised by people such as Matt Levine (https://dealbreaker.com/2013/01/instead-of-a-trillion-dollar-platinum-coin-treasury-should-mint-a-trillion-dollar-500bn-bond) and Matt Yglesias (https://www.slowboring.com/p/a-new-plan-to-get-around-the-debt) - that the Treasury could sell bonds with a face value that is lower than the price at which they sell the bonds, as the debt ceiling is thought to only apply to the face value of bonds issued rather than the money that is actually raised when selling bonds. This way they can raise more money than what nominally gets added to the debt.

If this method is utilised by the Treasury at some point in 2023, this market will resolve to YES.

If 2023 passes and the Treasury has not utilized this tactic, this market will resolve to NO.

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@jack damnit I looked for other existing markets too, manifold search function always fails me