Russia significantly reduces investment in US public debt



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WASHINGTON (Sputnik) – Russian Investments in US Public Debt According to United States Treasury Department data, the number of investments was reduced to a minimum of $ 14.9 billion in 2007.

one-third.

In this way, Russia has returned to 2007 levels, when it began to invest significantly in US government bonds.

The peak of Russian investment in this area took place in October 2010 ($ 176.3 billion).

In March 2018, Russia ranked 16th on the list of leading US bondholders, but for April got rid of half of them, falling to the position 22 and retaining only $ 48,700 million in bonds

Now Russia is no longer in the list of 33 majority holders.

The list is headed by China, which holds nearly $ 1.2 trillion in US bonds

Audio: How Russia and China are going to smother the economy American

The President of the Bank of Russia, Elvira Nabiulina, explained to The Root of the sale of US bonds last April that her entity seeks to diversify its international reserves and make its decisions takes into account all financial, economic and geopolitical risks.

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