Running short and long term debt balances to create financial market liquidity isn't uncommon. When Australia reached zero long-term debt in the early 2000s, th

Running short and long term debt balances to create financial market liquidity isn't uncommon. When Australia reached zero long-term debt in the early 2000s, the government continued raising and retiring hundreds of billions of dollars of debt on a regular cadence to provide AUD liquidity in the debt markets.