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Russia Exits List Of Biggest US Government Debt Holders

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In May, Russia held $14.9 billion worth of Treasury notes and was no longer among the top 33 countries.New York: Russia has exited the list of the biggest foreign holders of US government debt, according to Treasury Department data released this week.In May, Russia held $14.9 billion worth of Treasury notes and was no longer among the top 33 countries, according the data.That's well below the $48.7 billion held by Russia in April, which made the country the 22nd biggest holder of US notes.

In April, Moscow held $96 billion in US debt, placing 16th on the list."The Treasury market is the deepest and most liquid in the world, and demand remains robust," a Treasury spokesman said.

"We do not comment on individual investors or investments."Among the top 33 countries, China and Japan by far the leaders with more than $1 trillion each, according to the data, which was released Tuesday.(This story has not been edited by TheIndianSubcontinent staff and is auto-generated from a syndicated feed.)




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