In December, Russia reduced the volume of investments in US government securities by 3.3 times

In December, Russia reduced the volume of investments in US government securities by 3.3 times

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At the end of December 2022, the volume of investments in US government securities fell 3.3 times compared to November. The indicator was $629 million, follows from data US Treasury.

Short-term bonds accounted for $525 million against $2.012 billion in November, long-term bonds for $104 million against $80 million in November.

The largest holders of US government securities were Japan ($1.07 trillion), China ($867.1 billion) and the UK ($654.5 billion).

Recall that in November the volume of Russian investments in US government securities made up $2.092 billion, in October – $2.015 billion. Since March 2022, the average volume of investments was about $2 billion. Russia began to reduce the volume of investments in US bonds since 2018 after another round of sanctions, then their volume reached $96 billion.

Olesya Pavlenko

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