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Economy

China reduces USD13.7bln holdings of U.S. Treasury bonds in September

November 19, 2018


Abstract : China reduced holdings of U.S. Treasury bonds by 13.7 billion dollars in September this year, but remained as the largest foreign creditor to the United States (U.S.), according to data released by the U.S. Department of the Treasury on November 16.

US treasury

BEIJING, Nov. 19 (Xinhua) -- China reduced holdings of U.S. Treasury bonds by 13.7 billion dollars  in September this year, but remained as the largest foreign creditor to the United States (U.S.), according to data released by the U.S. Department of the Treasury on November 16.

This lowered China's holdings of U.S. Treasury bonds to 1.1514 trillion U.S. dollars in September, the lowest level since the middle of 2017, according to the data.

Japan, the second largest creditor to the U.S., reduced its holdings of U.S. Treasury bonds by 1.9 billion dollars to 1.028 trillion U.S. dollars in the month.

China and Japan take up more than one third of the total Treasury bonds held by major foreign creditors to the U.S.

Foreign creditors held a total of some 6.2239 trillion U.S. dollars of U.S. Treasury bonds by the end of September, down 63.3 billion U.S. dollars from previous month. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: U.S. treasury

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