Friday, June 27, 2008

Foreign central banks boost US debt holdings - Fed

Foreign central banks were net buyers of U.S. Treasury debt and U.S. federal agency debt in the latest week, U.S. Federal Reserve data showed on Thursday.

The Fed said its holdings of Treasury and agency debt kept for overseas central banks rose $13.50 billion in the week ended June 25, to stand at $2.334 trillion.

The breakdown showed overseas central banks bought $2.74 billion in Treasury debt, leaving the total at $1.362 trillion.

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