China's first cut in U.S. debt in a year may be to buy IMF bonds

China's move to increase its holdings of US Treasuries has finally stopped. The 15th evening, reporters from the U.S. Treasury Department website learned that by the end of April this year, China held a U.S. Treasury debt of 763.5 billion U.S. dollars, lower than the end of March 767.9 billion U.S. dollars.　　This means that, in April, China reduced its holdings of about 4.4 billion U.S. dollars in US Treasuries. This is the first time in more than a year to reduce U.S. Treasury bonds.　　China has been increasing its holdings of US Treasuries for more than $260 billion a year since May 2008, according to data from the US Treasury website for nearly a year.　　China's reduction of US Treasuries may be linked to the purchase of new bonds issued by the International Monetary Fund.　　The Foreign Exchange Bureau has recently said that China is actively considering to buy no more than $50 billion trillion of new bonds issued by the IMF in a safe and reasonably profitable range. According to media reports, the Russian Central bank also said in Wednesday that it plans to sell part of its treasury bonds and use its foreign exchange earnings to buy bonds issued by the IMF.　　Brazilian officials also said on the same day that the country planned to sell US Treasuries because of the purchase of IMF bonds. China is not the only way to reduce US Treasuries in April, including Japan, Russia, Brazil and other countries and regions have reduced a certain amount of U.S. Treasury bonds. Of the 5 countries and regions with the largest holdings of US Treasuries, only the UK has increased its holdings of 24.6 billion U.S. Treasuries. So far, China remains the largest holder of US Treasuries.