With the prospect of new US sanctions are still looming on the horizon, Russia continues to reduce its holdings of us government bonds.
According to the revised data provided by the Ministry of the Treasury, in February, all hard currency reserves of Russia are currently in U.S. Treasury bonds decreased by $ 3.1 billion and amounted to 93.8 billion dollars, the lowest level since March last year.
Russia remains the 16th largest holder of us government bonds. China occupies first place with nearly 1.8 trillion dollars, trailing Japan, which was to shed its US government bonds.
Analysts believe that Beijing may use its huge holdings of U.S. Treasury bonds as a bargaining chip in its trade disputes with Washington.
To date, the governments of the leading economies in the world have accumulated the sum of about seven trillion dollars of US government bonds.
Sourse: sputniknews.com
