Foreign central bank US securities holdings up-Fed

NEW YORK, May 20 (BestGrowthStock) – Foreign central banks’
ownership of U.S. government securities at the Federal Reserve
grew, reversing the previous week’s decline, data from the U.S.
central bank showed on Thursday.

The gains came entirely from additions to holdings of
agency securities, while those of U.S. Treasuries fell again.

The combined holdings of Treasuries and agency securities
by foreign central banks at the Fed rose by $3.77 billion to
$3.059 trillion in the week ended May 19.

Treasuries held by overseas central banks at the Fed fell
by $3.66 billion to $2.263 trillion.

Foreign central banks’ holdings of securities issued or
guaranteed by the two biggest U.S. mortgage financing agencies,
Fannie Mae (FNM.N: ) and Freddie Mac (FRE.N: ), rose by $7.43
billion to $796.49 billion in the latest week.

Overseas central banks, particularly in Asia, have been
huge buyers of U.S. debt in recent years and own more than a
quarter of marketable Treasuries. Japan and China are the
biggest two holders of Treasuries.

The full Fed report can be found on:
http://www.federalreserve.gov/releases/h41/

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(Reporting by Emily Flitter; Editing by James Dalgleish)

Foreign central bank US securities holdings up-Fed