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Japan Largest Holder of US Gov’t Securities

Japan Largest Holder of US  Gov’t Securities
Japan Largest Holder of US  Gov’t Securities

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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