Question

China emerged as which holder of us government securities at end of 2017

Answer 1

India's exposure to US government securities rose sharply to a high of $144.7 billion at the end of 2017, according to latest official data. 

 

The country 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 holding of American government securities during last year except for a few months when the total exposure had declined.

 

Figures compiled 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 holding at the end of December is at a one-year high compared to December 2016, the exposure was slightly higher at $145.1 billion in September 2017.