Foreign central bank US debt holdings up in wk-Fed

NEW YORK, June 11 Thu Jun 11, 2009 4:30pm EDT

NEW YORK, June 11 (Reuters) - Foreign central banks' debt holdings at the Federal Reserve rose in the latest week, data from the U.S. central bank showed on Thursday.

The combined holdings of Treasuries and agency securities by foreign central banks at the Fed rose $10.520 billion to total $2.746 trillion in the week ended June 10.

Treasuries held by overseas central banks at the Fed rose $10.295 billion to $1.935 trillion.

Holdings of securities issued or guaranteed by the two biggest U.S. mortgage financing sources, Fannie Mae FNM.P and Freddie Mac FRE.P, rose $225 million to $811.1 billion in the latest week.

Overseas central banks, particularly in Asia, have been huge buyers of U.S. debt in recent years and own more than a quarter of marketable Treasuries. China recently overtook Japan as the biggest such buyer.

The full Fed report can be found on:

here (Reporting by Burton Frierson; Editing by James Dalgleish)

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