US securities

India 12th largest overseas holder of US securities in 2017

According to recent figures compiled by US Treasury Department, India is 12th largest overseas holder of US securities (government) . India’s exposure to it has risen sharply to high of US $144.7 billion at end of 2017.

The preliminary data from June 2017 benchmark survey of foreign portfolio holdings folks securities showed that total value of such holding was $18.44 trillion. Out of the total, $7.19 trillion was in equities, $10.29 trillion in long-term debt securities and $954 billion in short-term debt securities.

Key Facts – US securities

India’s contact with US authorities securities rose sharply to a high of $144.7 billion at the end of 2017, according to latest official data.
The united states remained the 12th largest overseas holder of such securities, just behind oil rich Saudi Arabia, whose holding stood at $147.4 billion in December 2017. India has been raising its keeping of American federal government securities during last year except for a few months when the total exposure had declined.

Figures published by the US Treasury Department show that the holding of India went up to $144.7 billion in December last, an increase of little over $ 26 billion compared to the year-ago period. In December 2016, the exposure was just $118.2 billion. While keeping at the end of Dec is at an one-year high compared to Dec 2016, the publicity was slightly higher at $145.1 billion in September 2017.

Ranking of countries with US government securities.

In 2017, neighbouring China was the largest holder of US government securities with holdings to the tune of $1.18 trillion, followed by Japan at $1.06 trillion.

At the third position was Ireland whose exposure rose to $326.5 billion.

As per the data, Cayman Islands was at the fourth position with holding worthy of $269.9 billion, accompanied by Brazil ($256.8 billion), the UK ($250 billion), Switzerland ($249.6 billion), Luxembourg ($ 217.6 billion), Hong Kong ($194.7 billion) and Taiwan ($ 180.9 billion).
Among the BRIC countries, India had the 3rd largest exposure while that of Russia was lower at $102.2 billion.

Earlier this month, preliminary data from the June 2017 benchmark survey of foreign collection holdings folks securities showed that the full total value of such holding was $18.44 trillion. From the total, $7.19 trillion is at equities, $10.29 trillion in long-term debt securities and $954 billion in short-term debt securities.

The previous survey, conducted by June 30, 2016, measured the value of total foreign holdings of US securities at $17,139 billion, with holdings of $6,186 billion in US equities, $10,044 billion in US long-term debt securities and $909 billion in US short-term debt securities.

Department of the Treasury

Department of Treasury

The Department of the Treasury is an executive department and the treasury of the United States federal government. Established by an Work of Congress in 1789 to manage government revenue, its responsibilities include producing currency and coinage, collecting taxes and paying bills of the US government, managing the federal finances, supervising banks and thrifts, and advising on fiscal policy.The Department is administered by the Secretary of the Treasury, who is an associate of the Cabinet. On February 13, 2017, the Senate confirmed Steven Mnuchin as Secretary of the Treasury.

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