Why is Russia again investing in US public debt
Against the background of previous reports that Russia changes dollars for gold and cuts investments in US public debt, new information is of genuine interest. Indeed, according to the report of the US Treasury, in September 2018, Russia invested $ 322 million in the US public debt and the total figure was $ 14,419 billion.
Moscow for a long time, since October 2010, but purposefully reduced its investments in this "asset". Then Russia held $ 176 billion in US government bonds, it was a record. But the relations themselves were spoiled by the Americans themselves and Washington’s sanctions against the Russian public debt should have become an apotheosis. But until the end of 2018, they will not consider this issue in Congress, they are worried about more important internal problems.
So the September investment of Russia, against the general background, looks like an insignificant statistical error. Moreover. Moscow deliberately redistributed its investments in such a way that there were as many short-term bonds as possible. This is done in order to get rid of them quickly enough if necessary. So there is no need to raise a panic in the style of “selling the homeland again”.
For understanding. Short-term bonds are understood as those whose maturity does not exceed one year, and often lower. So Moscow is definitely preparing for possible sanctions risks, there is no doubt about that. And since May 2018, Russia's investments in the US public debt have been hanging around at the level of $ 14-15 billion.
Moscow for a long time, since October 2010, but purposefully reduced its investments in this "asset". Then Russia held $ 176 billion in US government bonds, it was a record. But the relations themselves were spoiled by the Americans themselves and Washington’s sanctions against the Russian public debt should have become an apotheosis. But until the end of 2018, they will not consider this issue in Congress, they are worried about more important internal problems.
So the September investment of Russia, against the general background, looks like an insignificant statistical error. Moreover. Moscow deliberately redistributed its investments in such a way that there were as many short-term bonds as possible. This is done in order to get rid of them quickly enough if necessary. So there is no need to raise a panic in the style of “selling the homeland again”.
For understanding. Short-term bonds are understood as those whose maturity does not exceed one year, and often lower. So Moscow is definitely preparing for possible sanctions risks, there is no doubt about that. And since May 2018, Russia's investments in the US public debt have been hanging around at the level of $ 14-15 billion.
Information