Foreign central banks’ U.S. debt holdings rise-Fed

NEW YORK, Oct 21 (BestGrowthStock) – Foreign central banks’ overall
holdings of U.S. marketable securities at the Federal Reserve
rose in the latest week, data from the U.S. central bank showed
on Thursday.

The Fed said its holdings of U.S. Treasury securities kept
for overseas central banks rose $16.02 billion in the week
ended Oct. 20, to stand at $3.282 trillion.

The breakdown of custody holdings showed overseas central
banks’ holdings of Treasury debt rose $18.17 billion to stand
at $2.549 trillion.

However, the foreign institutions’ holdings of securities
issued or guaranteed by the biggest U.S. mortgage financing
agencies, including Fannie Mae (FNMA.OB: ) and Freddie Mac
(FMCC.OB: ), fell $2.15 billion to stand at $732.95 billion.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

For balance sheet graphic: http://link.reuters.com/buf92k

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

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

The full Fed report can be found on:
http://www.federalreserve.gov/releases/h41/
(Reporting by Gertrude Chavez-Dreyfuss; Editing by James
Dalgleish)

Foreign central banks’ U.S. debt holdings rise-Fed