Russia’s holdings in U.S. Treasury Securities drops by $36 mln

Russia’s holdings in U.S. Treasury Securities drops by $36 mln

Russia’s ownership of U.S. long and short-term securities dropped in January from $13.216 billion to $13.18 billion compared to the previous month, Treasury Department data revealed.

The share of long-term bonds accounted for $6.322 bln, short-term bonds - $6.858 bln.

Russia began to drastically reduce investments in the US national debt in the spring of 2018. In April 2018, investments fell from $96 bln to $ 48.7 bln, and then in May to $ 14.9 bln.

China remained the largest holder of U.S. securities, owning more than $1.127 trillion, Japan with $1.07 trillion and Brazil with $305.1 billion are next.

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