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Russia reduced funding for US public debt by $ 1.5 billion

UNITED STATES (OBSERVATORY NEWS) — In December 2019, Russia reduced the volume of investments in American government securities, which are a tool for financing the US public debt, by one and a half billion – to 9.974 billion dollars. Values ​​are given in comparison with November last year.

This is evidenced by data published by the US Department of the Treasury.

Of the above amount, $ 4.27 billion is accounted for by long-term bonds, and short-term – by $ 5.7 billion. At the same time, Russia is not among the thirty largest holders of American debt.

The largest holder of US government securities in December last year remains Japan with an indicator of 1.15 trillion dollars, China comes second with 1.07 trillion dollars.

This is not the first reduction in Russian investments in US government securities. In January 2019, our country invested 13.18 billion dollars in US government bonds, which is $ 36 million less than in December 2018. In June 2019, Russia reduced its investment in US bonds from $ 12.024 billion to $ 10.848 billion, and by July last year, Russia had dropped its portfolio by almost 2.35 billion to 8.501 billion.

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