India became the 12th largest holder of US government securities at the end of 2016, with exposure worth $118.2 billion. With holdings worth $1.09 trillion, Japan remained the largest holder of these securities followed by neighbouring China with exposure to the tune of $1.06 trillion.

Latest data available with the US Treasury Department showed that India's holding stood at $118.2 billion in December last, slightly lower than $118.7 billion seen in November. At the end of December 2015, India's exposure was to the tune of $116.8 billion.

  1. As per the data, India was the 12th largest holder of these securities. After Japan and China, Ireland was at the third place with holdings worth $288.2 billion, followed by Cayman Islands ($263.5 billion), Brazil ($259.2 billion) and Switzerland ($229.3 billion).
  2. Other nations having more holdings than India were Luxembourg ($223.4 billion), United Kingdom ($217.1 billion), Hong Kong ($191.4 billion), Taiwan ($189.3 billion) and Belgium ($120.4 billion).
  3. India is at the third place among BRIC grouping after China and Brazil in terms of exposure. Russia held American government securities worth $86.1 billion in December 2016.
  4. In general, the data reflects foreign holdings of US securities collected primarily on the basis of custodial data.
  5. Foreign residents decreased their holdings of long-term US securities in December; net sales were $13.9 billion. 
  6. Net sales by private foreign investors were $32 billion, while net purchases by foreign official institutions were $18.1 billion," the Treasury Department said in a release on February 16.