U.S. TREASURY DEPARTMENT OFFICE OF PUBLIC AFFAIRS 

For Immediate Release March 30, 2007 

CONTACT Brookly McLaughlin, (202) 622-2920

PRELIMINARY REPORT ON 

FOREIGN HOLDINGS OF U.S. SECURITIES

AT END-JUNE 2006 

Preliminary data from a survey of foreign portfolio holdings of U.S. securities at end-June 2006 

are released today on the U.S. Treasury web site at (http://www.treas.gov/tic/fpis.html). A 

revised table on Major Foreign Holders of Treasury Securities, where estimates through endJanuary 2007 are based in part on survey data, is also released at 

(http://www.treas.gov/tic/ticsec2.html, on line 4). Final survey results, which will include 

additional detail as well as possible revisions to the preliminary data, will be reported on May 31, 

2007. The survey was undertaken jointly by the U.S. Treasury, the Federal Reserve Bank of 

New York, and the Board of Governors of the Federal Reserve System. The next survey will be 

for end-June 2007, and preliminary data are expected to be released by February 29, 2008. 

Complementary surveys measuring U.S. holdings of foreign securities are also carried out 

annually. Data from the most recent survey, reporting on securities held on year-end 2006, are 

currently being processed. Preliminary results are expected to be reported by September 30, 

2007. 

Overall Preliminary Results

The survey measured foreign holdings of U.S. securities as of June 30, 2006, to be $7,779 

billion, with $2,431 billion held in U.S. equities, $4,733 billion in U.S. long-term debt securities1

(of which $980 are holdings of asset-backed securities (ABS) 2 and $3,753 are holdings of nonABS securities), and $615 billion held in U.S. short-term debt securities. The previous survey, 

conducted as of June 30, 2005, measured foreign holdings of $2,144 billion in U.S. equities, 

$4,118 billion in U.S. long-term debt securities, and $602 billion in short-term U.S. debt 

securities (see Table 1). 

1. Long-term debt securities have an original term-to-maturity of over one year. 

2. Asset-backed securities are backed by pools of assets, such as pools of residential home mortgages or credit card

receivables, which give the security owners claims against the cash flows generated by the underlying assets. 

Unlike most other debt securities, these securities generally repay both principal and interest on a regular basis, 

reducing the principal outstanding with each payment cycle. 
 

Table 1. Foreign holdings of U.S. securities, by type of security, as of recent survey dates

(Billions of dollars) 

Type of Security June 30, 2005 June 30, 2006

Long-term Securities 6,262 7,164

 Equity 2,144 2,431 

 Long-term debt 4,118 4,733 

 Asset-backed 717 980 

 Other 3,401 3,753 

Short-term debt securities 602 615

Total 6,864 7,779

Of which: Official 1,938 2,301 

Table 2. Foreign holdings of U.S. securities, by country and type of security, for the major 

investing countries into the U.S., as of June 30, 2006 

(Billions of dollars) 

Country or category Total Equities Long-term debt Short-term

ABS Other debt

1 Japan 1,106 195 121 706 85 

2 China, mainland1 699 4 122 556 17

3 United Kingdom 640 300 106 218 16 

4 Luxembourg 549 193 69 255 32

5 Cayman Islands 485 178 135 142 31

6 Canada 382 274 22 73 13

7 Belgium 331 21 42 263 4

8 Netherlands 280 158 55 58 9

9 Switzerland 262 145 32 76 9

10 Middle East oil-exporters2 243 111 11 80 41

11 Ireland 232 69 36 62 65

12 Germany 211 73 37 86 16

13 Bermuda 206 60 43 83 20

14 France 164 95 14 42 14

15 Singapore 163 101 7 51 4

16 Taiwan 135 7 25 100 3

17 South Korea 124 1 4 106 13

18 Russia 111 * * 42 68

19 Hong Kong 110 22 12 65 11

20 Australia 109 64 5 32 8

21 Mexico 98 15 2 60 21

22 Sweden 81 48 4 28 1

23 British Virgin Islands 78 46 1 24 6 

24 Norway 75 43 12 16 4

25 Italy 53 29 4 18 2

 Country Unknown 214 * 1 212 1 

Rest of world 639 180 58 299 102 

Total 7,779 2,431 980 3,753 615

Of which: Official 2,301 215 147 1,634 304 

* Greater than zero but less than $500 million. 

1. Excludes Hong Kong, Macau, and Taiwan, which are reported separately. 

2. Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates.

2