Less than $ 10 billion: Russia continues to reduce investments in US public debt

Russia continues to reduce investment in US government securities. Their volume over the past month decreased from $ 10,85 billion to $ 8,5 billion. This is evidenced by the US Department of Finance, writes Lenta.Ru.

Фото: Depositphotos

Of the remaining amount, $ 6,239 billion falls on long-term securities, and $ 2,262 billion - on short-term ones. Russia began to reduce investments in the US government debt in April 2018 and is currently no longer among the thirty major holders of the US government debt.

The leader in the list for the second month in a row remains Japan, which has invested $ 1,131 trillion. Over the past month, investment has increased by $ 7,9 billion. Following Japan is China - $ 1,11 trillion, which is $ 2,2 billion less than in June. The third by a large margin is Great Britain - $ 334,7 billion.

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The yield on US securities for ten-year obligations is currently at the level of 1,77 percent per annum. This is a relatively low percentage, but it is offset by the reliability of government bonds. The maximum of Russian investments occurred in the 2010 year, when their volume reached $ 170 billion.

Recall, Russia began abruptly reduce investment in US government bonds in 2014, when against the backdrop of tough anti-Russian sanctions, Russian investments in US Treasuries almost halved - from $ 96,1 billion to $ 48,7 billion. In May of 2019, the figure fell more than three times to $ 14,9 billion, after which Russia left the list from 33 countries that are the largest holders of the US public debt. Moreover, as far back as 2013, Russian investments in US Treasuries amounted to $ 164,3 billion, which is 16 times more than now.

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