MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
                                                 (in billions of dollars)
                                               HOLDINGS 1/ AT END OF PERIOD

                       Nov     Oct     Sep     Aug     Jul     Jun     May     Apr     Mar     Feb     Jan     Dec     Nov
Country               2008    2008    2008    2008    2008    2008    2008    2008    2008    2008    2008    2007    2007
                     ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------

China, Mainland       681.9   652.9   587.0   542.4   518.7   503.8   506.8   502.0   490.6   486.9   492.6   477.6   458.9
Japan                 577.1   582.0   569.8   582.6   590.0   580.4   575.3   588.8   597.4   583.3   585.6   579.9   589.6
United Kingdom 2/     360.0   357.2   336.9   306.5   290.1   279.1   271.2   246.8   200.1   180.5   161.8   157.9   174.1
Carib Bnkng Ctrs 4/   220.8   219.3   185.1   148.7   133.4   122.2   104.5   117.4   108.7   103.9   109.2   117.4   108.0
Oil Exporters 3/      198.0   187.6   182.0   180.5   173.7   170.3   164.2   153.8   150.7   146.1   140.8   137.9   138.7
Brazil                129.6   134.5   141.9   146.2   148.4   151.6   151.4   149.5   149.1   146.6   141.7   129.9   121.7
Russia                 78.1    80.9    69.7    74.4    74.1    65.3    63.7    60.2    42.4    38.4    35.2    32.7    33.5
Luxembourg             75.0    81.4    85.3    71.0    70.4    83.2    75.2    81.8    89.8    80.4    66.1    69.0    67.9
Hong Kong              66.0    65.2    60.9    61.2    60.6    61.2    61.4    63.1    60.5    57.5    54.4    51.1    51.7
Switzerland            63.0    61.2    48.9    45.1    44.9    44.3    41.9    42.4    41.2    39.4    39.2    38.9    38.1
Norway                 59.1    50.5    52.2    41.3    41.8    43.3    47.1    45.3    44.5    34.0    33.6    26.2    27.6
Taiwan                 43.3    39.1    36.1    39.4    41.1    39.6    38.9    42.2    40.8    38.4    38.9    38.2    37.1
Germany                43.3    42.9    40.7    40.9    40.9    40.8    44.9    43.6    42.1    41.7    42.3    41.3    38.6
Singapore              37.4    32.6    30.8    30.5    31.4    30.3    30.6    33.5    33.3    33.5    38.6    39.8    40.2
Ireland                35.2    29.0    26.8    12.8    10.8    13.9    15.6    18.3    17.6    15.4    15.6    18.7    17.5
Thailand               35.1    34.8    28.6    31.7    31.8    32.4    32.8    27.9    25.7    30.5    28.9    27.4    27.5
Mexico                 34.6    33.1    33.3    33.5    35.1    41.9    39.6    37.3    38.3    36.1    35.2    34.2    31.9
Turkey                 28.7    27.6    31.3    34.0    32.4    30.3    28.9    31.1    28.7    28.5    28.2    25.6    25.6
Korea                  28.6    32.1    36.1    37.9    35.3    36.4    38.4    40.4    40.7    41.3    42.1    39.2    37.8
Canada                 17.2    18.6    20.6    28.1    26.9    28.4    30.3    25.8    21.9    22.3    24.0    18.7    24.0
India                  16.2    12.2    14.2    14.2    13.0    11.7    10.3    10.5    11.8    14.4    14.6    14.9    14.8
Egypt                  15.1    15.0    13.8    12.8    13.4    12.3    12.8    12.7    12.7    12.0    11.6    10.4    10.6
Italy                  14.7    14.0    10.4    11.6     9.7    10.2    11.3    10.3    11.1    11.1    12.6    14.6    15.5
Chile                  14.6    14.9    12.9    12.5    13.1    11.7    11.1    10.2     9.7     8.6     9.1     8.7     8.5
Netherlands            12.9    13.0    12.9    14.2    15.0    15.0    15.6    15.5    15.0    14.0    15.8    15.2    14.2
Poland                 12.6    11.4    12.1    13.7    13.9    13.3    12.4    12.5    11.6    10.2    10.3    12.9    11.1
Belgium                12.2    12.8    12.3    11.8    12.0    12.4    12.4    12.5    12.8    13.2    13.1    13.2    14.2
Sweden                 11.0    11.5    11.6    12.7    12.4    12.4    13.2    13.1    13.2    13.6    13.4    13.7    14.1
All Other             164.3   159.5   142.1   142.6   136.0   134.8   135.8   137.8   143.8   144.2   145.0   146.0   142.3
Grand Total          3085.9  3026.7  2846.4  2734.8  2670.4  2632.4  2597.5  2586.5  2505.8  2426.1  2399.3  2351.1  2335.0

Of which:
 For. Official       1944.8  1904.4  1821.7  1785.5  1767.6  1751.7  1743.9  1743.3  1707.3  1682.3  1689.9  1643.2  1621.4
  Treasury Bills      427.2   360.6   276.8   245.6   232.5   226.6   219.9   215.7   201.9   205.0   209.0   198.4   187.6
  T-Bonds & Notes    1517.7  1543.9  1544.9  1540.0  1535.1  1525.0  1523.9  1527.6  1505.3  1477.3  1480.9  1444.8  1433.8

Department of the Treasury/Federal Reserve Board
January 16, 2009

 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.
 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.