Russia Off the List of Top US Treasury Note/Bill/Bond Holders

Russia Off the List of Top US Treasury Note/Bill/Bond Holders

Russia Off the List of Top US Treasury Note/Bill/Bond Holders

Russia is no longer listed among the Top foreign holders of US government securities, according to a report released in Washington.

Russia, once among the Top 10 foreign owners of Treasuries, the country’s holdings of US bills, notes and bonds in May fell to $14.9-B, below the $30-B threshold for inclusion on the Treasury Department’s monthly report of major holders.

The list Treasury released Tuesday included 33 specific countries from the biggest holder China to the smallest Chile, but Russia was no longer listed among them.

In April, Russia’s holdings of Treasuries plunged to $48.7-B from $96.1-B, according to government data.

Asked about Russia’s absence, a US Treasury spokesman said the Treasury market is the deepest and most liquid in the world, and demand remains robust, adding that the department does not comment on individual investors or investments.

Stay tuned…

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