Foreign cenbank U.S. debt holdings fall - Fed

NEW YORK, Sept 9 | Thu Sep 9, 2010 4:30pm EDT

NEW YORK, Sept 9 (Reuters) - Foreign central banks' holdings of U.S. Treasuries and agency securities at the Federal Reserve fell in the latest week, data from the U.S. central bank showed on Thursday.

The Fed said its holdings of Treasury and agency debt kept for overseas central banks fell $11.03 billion in the week ended Sept. 8, to stand at $3.214 trillion.

The breakdown of custody holdings showed overseas central banks' holdings of Treasury debt fell $3.50 billion to stand at $2.404 trillion.

The foreign institutions' holdings of securities issued or guaranteed by the biggest U.S. mortgage financing agencies, including Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), fell $7.53 billion to stand at $809.96 billion.

Overseas central banks, particularly those in Asia, have been huge buyers of U.S. debt in recent years, and own over a quarter of marketable Treasuries. China and Japan are the biggest two holders of Treasuries.

The full Fed report can be found on:

here

(Reporting by Burton Frierson, Editing by Chizu Nomiyama)

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Comments (1)
doomerjohnm wrote:
More like a “plunge”, but then last week saw growth of $28.6 billion. That’s a lot of variability.

Sep 09, 2010 4:57pm EDT  --  Report as abuse
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