Russia Ups Investment in U.S. Securities, Treasury Says

Russia increased the volume of investments in U.S. government securities in November 2019 compared to the previous month by $794 million to $11.491 billion, the U.S. Treasury said on Friday, according to Interfax.

Long-term bonds accounted for $2.979 billion, while Russia’s holding of short-term Treasury securities stood at $8.512 billion.

The volume of investments by Russia in U.S. government bonds has been increasing for the fourth month in a row.

In the spring of 2018, Russia began to sharply reduce investment in the U.S. public debt. Thus, in April 2018 it decreased from $96 billion to $48.7 billion, and in May – to $14.9 billion.

In August 2019, for the first time since February, Russia increased its investments in U.S. government securities to $9.3 billion.

Japan remained the largest holder of U.S. government securities in November last year for the sixth month in a row with a figure of $1.16 trillion. The second place with $1.09 trillion is occupied by China, which has been the leader for a long time.