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WASHINGTON – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2013 were released today and posted on the Treasury web site at (http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/fpis.aspx#usclaims). Final survey results, which will include additional detail as well as possible revisions to the data, will be reported on October 31, 2014.

The survey was undertaken jointly by the U.S. Department of the Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System.

A complementary survey measuring foreign holdings of U.S. securities also is conducted annually. Data from the most recent such survey, which reports on securities held on June 30, 2014, are currently being processed. Preliminary results are expected to be reported on February 27, 2015.

Overall Preliminary Results

The survey measured the value of U.S. holdings of foreign securities at year-end 2013 at approximately $9.2 trillion, with $6.5 trillion held in foreign equities, $2.3 trillion held in foreign long-term debt securities (original term-to-maturity in excess of one year), and $0.4 trillion held in foreign short-term debt securities. The previous such survey, conducted as of year-end 2012, measured the value of U.S. holdings at $7.9 trillion, with $5.3 trillion held in foreign equities, $2.3 trillion held in foreign long-term debt securities, and $0.4 trillion held in foreign short-term debt securities.

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

(Billions of dollars)

Type of Security Dec. 31, 2012 Dec. 31, 2013 Long-term securities 7,576 8,803 Equity 5,312 6,499 Long-term debt 2,265 2,305 Short-term debt securities 365 353 Total 7,941 9,156

Table 2. U.S. holdings of foreign securities, by country of issuer and type of security, for the countries attracting the most U.S. portfolio investment, as of December 31, 2013

(Market value, billions of dollars, except as noted)

Total Equity Long-term Debt Short-term Debt 1 United Kingdom 1,341 975 294 72 2 Cayman Islands 902 677 223 3 3 Canada 826 405 382 39 4 Japan 686 604 69 13 5 France 465 343 104 19 6 Switzerland 443 430 9 4 7 Germany 391 302 74 15 8 Netherlands 386 230 139 17 9 Australia 337 144 141 53 10 Ireland 281 228 51 1 11 Bermuda 211 179 32 * 12 Korea, South 183 147 34 1 13 Brazil 180 129 51 * 14 Sweden 165 88 43 34 15 Mexico 153 71 73 9 16 Hong Kong 140 135 2 3 17 China, mainland 135 132 1 2 18 Spain 133 92 38 3 19 Luxembourg 125 46 76 3 20 Italy 124 75 40 8 21 Taiwan 98 98 * 0 22 Singapore 89 62 8 19 23 India 86 82 3 * 24 Curacao 86 83 4 * 25 Norway 77 29 35 14 26 South Africa 77 65 12 * 27 Jersey 75 65 9 1 28 Russia 71 57 14 0 29 Belgium 65 48 17 * 30 International Organizations 62 * 54 8 Rest of world 765 480 274 11 Total 9,156 6,499 2,305 353

* Greater than zero, but less than $500 million.