Russia increases investments in US government securities to $4.5B
- 16 March, 2022
- 05:44
Stay up to date with the top news!
Russia at the beginning of the year increased its investments in US government securities, Report informs citing Kommersant.
In January 2022 they rose to $4.503 billion, according to the US Treasury Department.
The share of long-term bonds was $2 million, the share of short-term bonds was $4.501 billion.
Japan ($1.303 trillion), China ($1.06 trillion) and the UK ($608.8 billion) remain in the top three largest holders of US government securities. Fourth place belongs to Luxembourg ($310 billion), fifth - to Ireland ($308 billion).
Russian investments in US government bonds peaked at $176.3 billion in October 2010. In April 2018, after another round of sanctions, Russia began withdrawing reserves from US government bonds. By March 2020, Russian investments reached a minimum of $3.9 billion.