China's $29.3 billion trillion debt reduction last year

Source: Internet
Author: User
Keywords Reduction last year two-room class debt
Tags .net asset class creditor data financial financial crisis net
Shanting A total of 3.2 billion U.S. Treasury bonds in the same year, still as the U.S. Treasury Department's largest creditor, the latest data released February 15, China in December 2010 net selling includes "Fannie Mae and Freddie Mac" US long-term institutional bonds, including bonds, amounted to $1.93 billion trillion, while the total amount of such institutional bonds as China's net selling in 2010 reached $29.3 billion trillion.  This is the financial crisis after the outbreak of China's "two-room" bond reduction of the largest year, but also has data since the largest reduction record. U.S. Treasury data, released on the same day, also showed China's holdings of $4 billion trillion in US Treasuries last December, while China reduced its holdings of US Treasuries by 3.2 billion trillion in 2010.  But China remains the largest overseas holder of US Treasuries. China sold 29.3 billion U.S. long-term institutional bonds in 2010, according to the U.S. Treasury's monthly sales figures on long-term corporate bonds issued by China on February 15, China sold $1.93 billion trillion in long-term institutional bonds, including two-room bonds, in December 2010.  The institutional bonds bought in the month were $974 million trillion and sold at $2.904 billion.  As a whole in 2010, China's net selling of US institutional bonds amounted to $29.3 billion trillion, up from $4.6 billion trillion in total net sales in 2009, while China had a net increase of $16.6 billion in the 2008 of the financial crisis. The above institutional bonds include "two-room" bonds and securities, but include other U.S. government agency debt, such as the government's National Mortgage Association (Ginnie Mae, Geely).  But the data only includes direct trading between China and the United States, and does not include bonds traded by China through other countries.  As the main overseas holders of the two-room bond, many worry that the US government's Friday announcement of a "two-room" reform plan could pose a huge risk to China.  According to the reporter of the first financial daily, from July 2008 to December 2010 (except for the net buy from March 2010 to July), China has been doing a net selling of US institutional bonds, with a net sale of up to $82.9 billion and a net selling of $2.763 billion a month.  It is noteworthy that in September, when the "two rooms" were retired in June 2010, China sold its institutional bonds for a single month, the highest ever record of $26.3 billion trillion in Chinese $4.5 billion trillion in corporate bonds, and sold bonds as high as $30.8 billion, the highest ever sold in--9. According to the U.S. Treasury's website on overseas holdings of U.S. government "institutional bonds" data, as of June 2009, China (except Hong Kong and Macao) held by the United States Government long-term institutional bonds (long-term Agency Bonds) amounted to 454 billion U.S. dollars, Of these, 358 billion dollars are "asset-backed securities" (ABS), accounting for 79% of the total of long-term institutional bonds, while other institutional bondsOnly 96 billion dollars.  The report notes that China's holdings of "asset-backed securities" is the most important housing mortgages, that is, "home mortgage Securities" (mortgage-backed Security, MBS).  The report shows that by the end of June 2009, China was the largest overseas holder of "asset-backed securities" in US long-term institutional bonds.  In 2010, China held a total of $891.6 billion trillion in U.S. Treasuries, compared with $4 billion in November, by 0.4% per cent, according to data from overseas investors holding US Treasuries, released on the same day as 3.2 billion US dollars.  Throughout 2010, China reduced its holdings of US Treasuries by about $3.2 billion trillion, down about 0.4% per cent. This is China's second consecutive reduction of US Treasuries after a 11.2 billion dollar reduction last November.  China increased its holdings of US Treasuries for four consecutive months from July to October last year.  As a whole, China's holdings of US Treasuries last year, China's net reduction of US $3.2 billion trillion, of which six months to reduce the total of 89 billion U.S. dollars, another six months for overweight, a total of 85.8 billion U.S. dollars. By the end of 2010, the rest of the world's holdings of US Treasuries amounted to $4.3726 trillion trillion, an increase of $25.8 billion from November's $4.3468 trillion trillion. 4.3726 trillion of dollars excludes US Treasuries held by individual investors and institutions in the United States and abroad.  China accounted for 20.4%, the lowest since January 2010. Last December, the number of U.S. Treasury Holdings ranked second in Japan, from $877.2 billion trillion in November to $883.6 billion trillion and an increase of $6.4 billion trillion. The third was Britain, which increased its holdings from $511.8 billion trillion to $541.3 billion in November, to $29.5 billion trillion. The oil exporters, whose total holdings of US Treasuries rose from $210.4 billion trillion in November to $218 billion trillion, increased their holdings by $7.6 billion trillion. Brazil, with its holdings of Treasuries down from $184.4 billion trillion in November to $180.8 billion trillion, reduced its holdings by $3.6 billion trillion.
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