Sep 17, 2022
0 0

The United States disclosed the amount of its national debt owned by Russia

The volume of government debt obligations of the United States owned by Russia in July remained virtually unchanged compared to June, having increased by $2 million to $2.007 billion, follows from the documents of the US Treasury Department.

In February, the amount of US government debt owned by Russia was estimated at $3.753 billion, in March and April – at $2.003 billion, and in May – at $2.004 billion, TASS reports.

In July, long-term US debt bonds in Russian investments accounted for $5 million ($1 million more than in June), and short-term bonds accounted for $2.002 billion ($1 million more than in June).

Japan remains the largest holder of US government debt (approximately $1.23 trillion). China came in second with $970 billion. In third place is the United Kingdom with $634.6 billion.

Russia began to sharply reduce investments in US public debt in the spring of 2018: in April, their level fell from $96 billion to $48.7 billion, and in May to $14.9 billion.

Recall that in August, Secretary of the Russian Security Council Nikolai Patrushev warned colleagues from the countries of the Association of Southeast Asian Nations (ASEAN) about the possibility of a default by the United States on repayment of government debt obligations. He stressed that in this case, the assets of any state in US dollars and euros would be stolen.

Article Categories:

Leave a Reply