Home » Business » Russia lowered its investments in US authorities debt – 2024-06-03 06:51:36

Russia lowered its investments in US authorities debt – 2024-06-03 06:51:36

/ world at the moment information/ In Might 2019, Russia lowered its investments in US authorities bonds by $112 million, in keeping with the supplies of the US Treasury.

Russia’s investments fell from $12.136 billion to $12.024 billion.

On the identical time, the share of long-term bonds in Might was 5.250 billion in comparison with 5.832 billion in April, and short-term bonds – 6.774 billion in comparison with 6.304 billion.

Russia started to dramatically cut back investments in US nationwide debt within the spring of 2018. Thus, in April final yr, investments fell from 96 billion to 48.7 billion, after which in Might to 14.9 billion.

Russia is now not among the many thirty largest holders of US debt. The largest holders of US Treasuries are China with $1.11 trillion and Japan with $1.10 trillion.

Translation: V.Sergeev

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