Russian investments into US T-bills rises to $92.1bn in 2015

Russian investments into US T-bills rises to $92.1bn in 2015
Russia is the 15th largest holder of US securities.
By bne IntelliNews February 17, 2016

After Russia slashed its amount of hard currency reserves invested into US T-bills, the trend reversed last year. Russian investment into the US security was up by $6.1bn to $92.1bn in December 2015 compared with $86bn in the same month a year earlier, reports TASS, referring to the December report of the US Treasury.

The government in Moscow cut its exposure to US T-bills at the end of 2014 when total invested fell from $108.1bn in November 2014 to $86bn the next month and stayed at this level until May when the amount invested began to rise again.

Russia is the 15th largest holder of US securities, with China in first place ($1.246 trillion) and Japan in second ($1.122 trillion) as of December last year, out of a total of $6.165 trillion in outstanding bonds.

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