Russia Bought $5.6 billion Less US Bonds in February

MOSCOW, April 16 (Prime, RIA Novosti) - Russia in February reduced investments in US government bonds by $5.6 billion to the level of $126.2 billion, as follows from the US Treasury data.

Over the year, Russia has reduced investments by $38.7 billion, cutting down on the total of $164.9 billion of US government debt in Russia’s portfolio as of the end of February 2013.

The February data indicates China as the largest sovereign holder of US government securities amounting to $1.272 trillion.

In general, foreign Central Banks bought $45 billion of US government debt in February, increasing the overall investment to $5.885 trillion.

Most of these purchases flowed into Belgium’s accounts, which has invested in over $ 30 billion US debt and moved into third place in the list of the largest holders.