Foreign central banks' US debt holdings fall - Fed

NEW YORK | Thu Oct 27, 2011 4:30pm EDT

NEW YORK Oct 27 (Reuters) - Foreign central banks' overall holdings of U.S. marketable 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 U.S. securities kept for overseas central banks fell $19.60 billion in the week ended Oct. 26, to stand at $3.392 trillion.

The breakdown of custody holdings showed overseas central banks' holdings of Treasury debt fell by $19.13 billion to stand at $2.670 trillion.

Foreign institutions' holdings of securities issued or guaranteed by the biggest U.S. mortgage financing agencies, including Fannie Mae and Freddie Mac , fell by $468 million to stand at $721.92 billion.

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

The full Fed report can be found on:

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.