Foreign holdings of U.S. debt hit record high in June
英语课
WASHINGTON, Aug. 15 (Xinhua) -- Total foreign holdings of U.S. Treasury 1 securities rose to a new high in June, indicating strong international demand for U.S. government debt amid the simmering eurozone debt crisis, the U.S. Treasury Department reported Wednesday.
In June, overall foreign holdings of U.S. Treasury securities reached 5.2923 trillion U.S. dollars, up from the revised 5.2581 trillion dollars in May. It was the sixth consecutive 2 monthly increase.
According to the Treasury International capital report, China, the largest foreign holder 3 of U.S. Treasury securities, slightly boosted its holdings by 0.3 billion dollars from May to 1.1643 trillion dollars in June.
Japan, the second largest foreign holder of U.S. government debt, increased its holdings from 1.1089 trillion dollars to 1.1193 trillion dollars.
The strong demand of U.S. government debt is key to funding its mounting deficit 4, which is forecast to surpass 1 trillion dollars for the fourth consecutive fiscal 5 year.
n.宝库;国库,金库;文库
- The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
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adj.连续的,联贯的,始终一贯的
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n.持有者,占有者;(台,架等)支持物
- The holder of the office of chairman is reponsible for arranging meetings.担任主席职位的人负责安排会议。
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n.亏空,亏损;赤字,逆差
- The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
- We have a great deficit this year.我们今年有很大亏损。
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