Japan Surpasses China To Become Largest Foreign Holder of US Debt

Both Japan and China trimmed their holdings of US debt in February, with Japan moving from approximately $1.2386 trillion to $1.2244 trillion. China, on the other hand, trimmed their holdings from $1.2391 trillion down to $1.2237 trillion.
Over the past year, Japan has seen their holdings of US debt increase slightly from $1.2108 trillion to $1.2244 trillion, while China has trimmed their holdings from $1.2729 trillion to $1.2237 trillion.
Foreign holders of US debt trimmed their holdings as a whole in February, taking their positions down to $4.0862 trillion from $4.1243 trillion.
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The top 10 foreign holders of US debt as of February 2015 were:
Japan, $1.2244 trillion
China, $1.2237 trillion
Caribbean Banking Centers, $350.6 billion
Belgium, $345.3 billion
Oil Exporters, $296.8 billion
Brazil, $259.9 billion
Switzerland, $201.7 billion
United Kingdom, $192.3 billion
Luxembourg, $179.2 billion
Hong Kong, $175.4 billion
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With deficits in the United States forecast to increase in the years ahead, the country hopes that foreign investors maintain their healthy appetite for US debt.
Source: Treasury.gov - Major Foreign Holders of Treasury Securities
Filed under: General Knowledge