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At $242 billion, India 12th largest holder of US treasuries in June

The New Indian Express

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August 20, 2024

GIVEN the high yields that the US government debt has been offering since the interest rates there peaked to a multi-decadal high, the Reserve Bank has been ramping up its investments in the world's most sought-after public debt instrument.

- BENN KOCHUVEEDAN

At $242 billion, India 12th largest holder of US treasuries in June

India's investment in these instruments touched a high of $241.9 billion in June, the third straight month of rising exposure, making it the 12th largest entity owning American treasuries. In June 2023, the exposure was worth $235.4 billion.

MEER VERHALEN VAN The New Indian Express

The New Indian Express

The New Indian Express

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