According to recent figures compiled by US Treasury Department, India is 12th largest overseas holder of US government securities. India’s exposure to it has risen sharply to high of US $144.7 billion at end of 2017.
The preliminary data from June 2017 benchmark survey of foreign portfolio holdings of US securities showed that total value of such holding was $18.44 trillion. Out of the total, $7.19 trillion was in equities, $10.29 trillion in long-term debt securities and $954 billion in short-term debt securities.
India holdings in US government securities in 2017 have raised except for few months when total exposure had declined. India’s holding of India went up to US $144.7 billion in December 2017, which was increase of little over $26 billion compared to year-ago period.
In December 2016, India’s exposure was just $118.2 billion. While holding at end of December 2017 is at one-year high compared to December 2016, the exposure was slightly higher at $145.1 billion in September 2017.
In 2017, China was largest holder of US government securities with holdings to tune of $1.18 trillion, followed by Japan at $1.06 trillion. Ireland was third with holdings of $326.5 billion followed by Cayman Islands ($269.9 billion), Brazil ($256.8 billion), UK ($250 billion), Switzerland ($249.6 billion), Luxembourg ($217.6 billion), Hong Kong ($194.7 billion) and Taiwan ($180.9 billion). Among the BRIC countries, India had the third largest exposure while that of Russia was lower at $102.2 billion.