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U.S. Department of the Treasury

Office of Public Affairs

Press Release: FOR IMMEDIATE RELEASE

April 30, 2021

Contact: Treasury Public Affairs, press@treasury.gov

Report on Foreign Portfolio Holdings of U.S. Securities at 

End-June 2020

WASHINGTON - The final results from the annual survey of foreign portfolio holdings of U.S. 

securities at the end of June 2020 were released today on the Treasury website at 

https://home.treasury.gov/data/treasury-international-capital-tic-system/us-liabilities-toforeigners-from-holdings-of-us-securities. The survey was undertaken jointly by Treasury, the 

Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. 

The next survey will cover holdings at the end of June 2021; preliminary data are expected to be 

released by February 28, 2022.

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

annually. Data from the most recent survey, reporting on securities held at year-end 2020, are 

currently being processed. Preliminary results are expected to be reported by August 31, 2021.

The survey measured the value of foreign portfolio holdings of U.S. securities as of June 30,

2020, to be $21,954 billion, with $9,168 billion held in U.S. equities, $11,559 billion in U.S. 

long-term debt securities [/1] (of which $1,489 billion are holdings of asset-backed securities 

(ABS) [/2] and $10,070 billion are holdings of non-ABS securities), and $1,228 billion held in 

U.S. short-term debt securities. The previous survey, conducted as of June 30, 2019, measured 

the value of total foreign holdings of U.S. securities at $20,534 billion, with holdings of $8,630

billion in U.S. equities, $10,991 billion in U.S. long-term debt securities, and $913 billion in U.S. 

short-term debt securities (see Table A).

[/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 
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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 A. Foreign holdings of U.S. securities, 

by type of security, as of selected survey dates

(Billions of dollars)

June 30, 2019 June 30, 2020

Long-term securities 19,622 20,726

Equities 8,630 9,168

Long-term debt 10,991 11,559

Asset-backed 1,417 1,489

Other 9,574 10,070

Short-term debt securities 913 1,228

Total 20,534 21,954

Of which: Official 6,112 6,310
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Table B. Foreign holdings of U.S. securities, by country and type of security, 

for the major investing countries into the United States, as of June 30, 2020

(Billions of dollars)

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

Treasury Agency Corporate debt

1 Japan 2,553 667 1,194 309 312 71

2 United Kingdom 1,988 1,019 370 43 478 78

3 Cayman Islands 1,903 1,059 114 39 567 124

4 Luxembourg 1,777 731 182 40 694 130

5 China, mainland (2) 1,569 233 1,040 238 23 34

6 Canada 1,335 971 102 23 210 29

7 Ireland 1,182 517 201 28 241 195

8 Switzerland 854 496 214 10 99 35

9 Belgium 852 59 175 7 565 46

10 Taiwan 699 79 200 268 147 6

11 Norway 467 325 88 * 52 1

12 Hong Kong 455 126 236 16 51 27

13 Netherlands 425 264 67 13 78 3

14 Germany 421 210 67 5 127 12

15 Korea, South 414 187 118 39 63 8

16 France 399 192 119 3 61 25

17 Singapore 377 169 119 3 61 21

18 Bermuda 367 111 39 27 157 33

19 Australia 352 267 33 4 37 11

20 Kuwait 304 211 35 7 24 27

21 Saudi Arabia 279 133 89 3 19 36

22 Brazil 276 8 248 3 1 16

23 Sweden 238 194 38 * 6 1

24 India 189 6 151 * * 31

25 British Virgin Islands 170 106 31 2 24 8

Other 2,106 831 734 92 234 219

Total 21,954 9,168 6,005 1,223 4,331 1,228

of which: Official 6,310 1,246 3,763 686 200 414

* Less than $500 million but more than zero.

[i] Excludes Hong Kong and Macau, which are reported separately.

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