MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (in billions of dollars) HOLDINGS 1/ AT END OF PERIOD New 5/ Old 5/ Series Series Jan Dec Nov Oct Sep Aug Jul Jun Jun May Apr Mar Feb Jan Country 2012 2011* 2011 2011 2011* 2011 2011 2011 2011 2011 2011 2011 2011 2011 ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ China, Mainland 1159.5 1151.9 1254.5 1256.0 1270.2 1278.5 1314.9 1307.0 1165.5 1159.8 1152.5 1144.9 1154.1 1154.7 Japan 1079.0 1058.2 1066.8 1006.9 984.6 907.1 885.3 881.6 911.1 912.4 906.7 908.1 890.4 886.0 Oil Exporters 3/ 258.8 258.7 251.5 245.8 249.4 245.9 244.0 242.7 233.1 230.0 221.6 222.5 219.0 215.5 United Kingdom 2/ 142.3 112.4 124.8 106.7 117.0 181.2 141.0 135.7 347.0 344.5 333.2 326.2 296.7 277.6 Carib Bnkng Ctrs 4/ 227.8 227.6 222.2 212.0 209.7 210.4 177.9 196.3 147.1 154.0 140.8 155.4 168.6 165.3 Brazil 229.1 226.9 226.6 229.4 226.4 219.2 219.1 216.2 207.1 211.4 206.9 193.5 194.3 191.2 Taiwan 177.9 177.3 166.9 167.5 166.6 143.5 147.6 146.6 153.4 153.5 154.6 156.1 156.0 157.3 Switzerland 145.4 142.5 126.3 144.1 158.4 157.6 118.5 118.1 108.0 108.3 106.2 108.8 107.7 106.1 Luxembourg 138.7 150.6 127.1 126.6 128.0 114.7 114.1 121.7 69.0 66.7 76.2 79.8 77.2 79.1 Russia 142.5 149.5 145.1 147.5 149.9 138.1 141.7 151.7 110.7 115.2 125.4 127.8 130.5 139.3 Hong Kong 130.3 121.7 107.9 113.3 111.6 102.0 105.9 112.4 118.4 121.6 121.9 121.6 123.9 127.6 Belgium 135.5 135.2 133.2 132.4 132.1 87.1 86.6 88.8 33.6 31.4 31.6 32.2 31.9 32.1 France 40.3 44.7 46.4 47.5 43.4 49.5 43.0 45.4 21.4 22.7 20.0 17.7 30.2 30.2 Germany 61.8 60.7 68.0 68.2 66.1 62.1 63.0 63.8 62.0 61.2 61.3 59.8 58.3 61.0 Singapore 72.8 75.2 70.1 70.7 70.5 61.0 65.7 64.4 61.7 57.1 59.8 55.1 65.1 55.8 Canada 49.9 45.4 48.7 46.4 45.1 46.6 46.8 44.7 86.8 93.1 90.1 93.7 93.2 85.5 Ireland 81.8 95.2 69.6 66.2 62.4 51.4 52.2 53.9 36.1 33.5 40.0 43.8 41.8 44.2 Thailand 54.7 51.6 56.0 49.9 49.0 47.6 58.4 55.8 62.6 59.8 60.7 57.1 57.6 56.5 Korea 49.1 47.3 42.1 42.7 38.5 36.3 33.4 33.9 29.9 32.5 30.8 32.5 31.2 31.9 India 44.1 43.5 38.4 40.1 41.2 40.1 40.3 41.3 38.9 41.0 42.1 39.8 40.3 40.6 Philippines 34.1 32.7 31.7 32.2 32.2 30.0 30.0 27.6 22.7 23.8 24.1 23.4 22.7 22.8 Norway 57.0 56.7 40.3 37.0 39.6 28.1 23.7 26.5 20.4 21.1 21.1 21.4 20.8 19.4 Mexico 29.1 29.3 31.6 31.0 31.3 29.9 31.1 31.2 29.3 27.7 26.7 28.1 34.6 34.5 Poland 28.0 28.5 27.9 28.6 29.6 31.2 31.9 31.1 28.5 27.9 27.4 28.4 27.3 26.3 Sweden 28.9 28.9 30.4 30.8 30.9 28.4 28.4 28.4 21.3 20.9 21.4 21.3 17.7 17.0 Turkey 27.2 32.0 40.2 40.5 40.7 40.1 42.8 42.8 41.9 39.3 37.9 36.2 34.3 32.9 Chile 22.4 23.0 24.9 24.7 22.2 22.0 19.6 20.0 23.1 21.9 18.6 16.7 16.0 15.0 Netherlands 19.7 19.4 21.9 22.2 23.1 23.1 23.6 24.2 23.7 23.8 23.7 25.3 25.1 25.4 Australia 21.6 21.7 24.0 24.6 23.3 18.9 20.4 21.3 14.0 12.4 13.1 10.3 12.6 14.6 Israel 21.9 19.3 19.3 19.3 20.2 22.0 20.9 21.9 18.3 19.1 19.3 18.9 19.8 19.9 Italy 22.0 22.8 21.2 21.5 21.6 20.7 21.3 20.7 23.7 25.4 24.8 24.2 24.3 24.6 Colombia 24.8 23.5 20.0 21.8 21.4 19.8 18.8 18.9 20.1 19.9 19.8 20.2 20.1 19.8 Spain 23.5 24.0 16.3 14.1 13.1 13.3 14.4 12.4 7.2 7.5 7.3 8.1 8.5 8.4 Malaysia 20.5 20.6 18.5 17.8 17.0 15.4 15.3 14.0 12.0 12.7 12.2 11.2 11.3 11.3 South Africa 12.5 12.1 11.3 11.5 10.9 11.0 10.1 10.1 7.8 6.7 7.5 8.4 9.5 9.8 Denmark 15.9 16.5 13.6 13.6 13.9 12.0 10.8 10.7 8.2 9.9 9.4 9.3 9.1 8.7 All Other 217.6 214.7 203.5 198.0 193.6 206.4 203.5 206.9 189.1 191.7 194.6 189.6 185.3 188.0 Grand Total 5048.0 5001.9 4988.9 4908.8 4905.0 4752.3 4665.9 4690.7 4514.6 4521.7 4491.3 4477.6 4467.0 4435.7 Of which: For. Official 3640.1 3615.1 3626.4 3598.4 3617.0 3517.2 3510.0 3514.6 3242.0 3242.8 3219.6 3183.3 3193.3 3184.1 Treasury Bills 349.6 357.6 379.0 374.6 387.3 409.2 392.3 411.1 411.1 423.2 421.7 414.9 432.4 438.9 T-Bonds & Notes 3290.5 3257.5 3247.4 3223.7 3229.7 3108.0 3117.7 3103.5 2830.9 2819.6 2798.0 2768.4 2760.9 2745.2 Department of the Treasury/Federal Reserve Board March 15, 2012 * Includes holdings of Treasury bonds and notes as reported on TIC Form SLT, "Aggregate Holdings of Long-Term Securities by U.S. and Foreign Residents" 1/ Estimated foreign holdings of U.S. Treasury marketable and non-marketable bills, bonds, and notes reported under the Treasury International Capital (TIC) reporting system are based on annual Surveys of Foreign Holdings of U.S. Securities and on monthly data. These data help provide a window into foreign ownership of U.S. Treasury securities, but they cannot attribute holdings of U.S. Treasury securities with complete accuracy. For example, if a U.S. Treasury security purchased by a foreign resident is held in a custodial account in a third country, the true ownership of the security will not be reflected in the data. The custodial data will also not properly attribute U.S. Treasury securities managed by foreign private portfolio managers who invest on behalf of residents of other countries. In addition, foreign countries may hold dollars and other U.S. assets that are not captured in the TIC data. For these reasons, it is difficult to draw precise conclusions about changes in the foreign holdings of U.S. financial assets by individual countries from TIC data. 2/ United Kingdom includes Channel Islands and Isle of Man. 3/ Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. 4/ Caribbean Banking Centers include Bahamas, Bermuda, Cayman Islands, Netherlands Antilles and Panama. Beginning with new series for June 2006, also includes British Virgin Islands. 5/ New series reflect new benchmark survey taken in this month. Estimated positions based on the previous survey are shown for comparison.