RPT-Foreign central banks net buyers of U.S. debt -Fed
(Repeats to additional subscribers)
NEW YORK, Jan 31 (Reuters) - Foreign central banks were net buyers of U.S. debt last week, Federal Reserve data showed on Thursday.
The Fed said its holdings of Treasury and agency debt kept for overseas central banks rose $15.05 billion in the week ended Jan. 30, to stand at a total of $2.119 trillion.
The breakdown of custody holdings showed overseas central banks bought $12.88 billion in Treasury debt to stand at a total $1.263 trillion.
The foreign institutions bought securities from government-sponsored agencies like Fannie Mae (FNM.N) and Freddie Mac (FRE.N), adding $2.17 billion to their holdings, to stand at a total $855.4 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.
The full Fed report can be found on:
here (Reporting by John Parry; Editing by James Dalgleish)
© Thomson Reuters 2009 All rights reserved



