Summary: TEHRAN (FNA)- Moscow will continue selling off its holdings of US Treasury securities
in response to the new penalties Washington is ready to introduce against Russia in the near future, according to Russia's Finance Minister Anton Siluanov.
ECB net purchases of public-sector debt securities have been roughly 3.5x the volume of net issuance on average in 2016 and 2017, forcing holders of Eurozone debt to purchase other assets, such as US treasury securities
. While long-term yields in the US remain low, they remain well above core Eurozone yields that are near their 2017 lows.
The proceeds will be used to purchase US Treasury securities
that will be pledged to secure the stock purchase obligations of the holders of the corporate units.
The chosen design, based on customer feedback, more precisely reflects exposure of 10-year US Treasury notes, the benchmark for US Treasury securities
, and best serves the risk management needs of the marketplace."
Washington -- Japan overtook China in February as the top foreign holder of US Treasury securities
, a position Japan last held in August 2008.
The delegation also exchanged views with GBSA members on developments in the market for US Treasury securities
, US government borrowing strategies as well as global financial market regulation.
Washington, Ramadan 19, 1435, Jul 16, 2014, SPA -- Foreign purchasers of US Treasury securities
increased their holdings in May to another record high, the government reported Wednesday.
But selling off US Treasury securities
, it was argued, was not in China's interest, given that it would drive up the renminbi's exchange rate against the dollar, diminishing the domestic value of China's reserves and undermining the export sector's competitiveness.
China's June holdings of US Treasury securities
have been modified to 1.31 trillion dollars instead of 1.17 trillion dollars and the figure at the end of 2011 was 51 billion dollars higher than the previous calculation.
Yet despite the reductions, China remains the top buyer of US Treasury securities
According to the president of Federal Reserve Bank of Philadelphia, Charles Plosser, the central bank may need to end early its plans to purchase USD600bn in US Treasury securities
There were rumours that Zhou had left the country fearing possible punishment for losses incurred through China's holdings of US Treasury securities
. The losses are believed to be about USD430bn, and there were rumours that the government was planning action against some central bank officials.