Foreign central banks' US debt holdings fall - Fed

NEW YORK Thu May 31, 2012 4:29pm EDT

NEW YORK May 31 (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 $535 million in the week ended May 30, to stand at $3.509 trillion.

The breakdown of custody holdings showed overseas central banks' holdings of Treasury debt fell by $181 million to stand at $2.788 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 $355 million to stand at $721 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:

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