India became the 12th largest holder of US government securities at the end of 2016, with exposure worth $118.2 billion, PTI reported. With holdings worth $1.09 trillion, Japan remained the largest holder of these securities followed by neighboring China with exposure to the tune of $1.06 trillion. Latest data available with the US Treasury Department showed that India’s holding stood at $118.2 billion in December last, slightly lower than $118.7 billion seen in November. At the end of December 2015, India’s exposure was to the tune of $116.8 billion. As per the data, India was the 12th largest holder of these securities. After Japan and China, Ireland was at the third place with holdings worth $288.2 billion, followed by Cayman Islands ($263.5 billion), Brazil ($259.2 billion) and Switzerland ($229.3 billion). Other nations having more holdings than India were Luxembourg ($223.4 billion), United Kingdom ($217.1 billion), Hong Kong ($191.4 billion), Taiwan ($189.3 billion) and Belgium ($120.4 billion).
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