Foreign buyers continued to increase their holdings of US
Washington - XINHUA
Foreign buyers continued to increase their holdings of U.S. Treasury securities for an 11th straight month in June, but the two largest overseas holders trimmed their shares, the U.S. Treasury Department said Friday.
The total foreign holdings rose to a record high of 6.013 trillion U.S. dollars in June, compared with 5.977 trillion dollars in May, the department said in the Treasury International Capital report.
China, the largest foreign buyer of the Treasury debt, cut its holdings by 2.5 billion dollars to 1.2684 trillion dollars, while Japan, the second largest, reduced 600 million dollars to 1.2195 trillion dollars, the report showed.
Belgium, the No. 3 investor, bought 1.7 billion dollars of Treasury bills to 364.1 billion dollars. Russia increased its holdings by 2.5 billion dollars to 113.9 billion dollars.