India Emerges 12th Largest Holder Of US Government Securities In 2016

Washington: India became the 12th largest holder of US government securities at the end of 2016, with exposure worth $118.2 billion. With holdings worth $1.09 trillion, Japan remained the largest holder of these securities followed by neighbouring China with exposure to the tune of $1.06 trillion.      Latest data available with the US Treasury Department showed that India's holding stood at $118.2 billion in December last, slightl...