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US notes Russia cuts of investments in US government bonds

December 16, 2014, 8:40 UTC+3 WASHINGTON

Russia's investments in US government bonds went down $8.8 billion in October

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©  ITAR-TASS/Mikhail Japaridze

WASHINGTON, December 16. /TASS/. The US Treasury noted Russia’s gradual cuts in investments of its free financial resources in US government bonds. This figure went down by $8.8 billion to $108.9 billion in October, the US Treasury said in its reports on Monday.

This tendency has been observed since October 2013, when US government securities reached $149.9 billion in Russian portfolio. Then Russia was ranked tenth on the list of major holders of American government bonds. The country was at the 13th position in October 2014.

China has been leading in this indicator for the last few years, though the country reduced its portfolio to $1.252 trillion in October against $1.266 trillion in September.

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