NEW YORK Feb 21 Foreign central banks were
sizable buyers of U.S. debt in the latest week, with big agency
purchases outweighing a decline in buying of Treasury bonds,
U.S. Federal Reserve data showed on Thursday.
The Fed said its holdings of Treasury and agency debt kept
for overseas central banks rose $13.172 billion in the week
ended Feb. 20, to stand at $2.135 trillion.
The breakdown showed overseas central banks sold about
$4.40 billion in Treasury debt, leaving the total at $1.266
That was more than offset, however, by heavy buying of
securities from government-sponsored agencies like Fannie Mae
FNM.N and Freddie Mac FRE.N. Foreign institutions added an
unusually large $17.57 billion to their agency holdings for a
total $868.67 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:
(Reporting by Pedro Nicolaci da Costa; Editing by James