Fed says foreign central banks boost debt holdings

Federal Reserve data released on Thursday 19 January showed foreign central banks were net buyers of US debt in the latest week, with purchases of agency securities slightly exceeding a decline in Treasury holdings.

Overall holdings of Treasury and agency debt kept for overseas central banks rose $562 million in the week ended 18 January, the figures showed.

The breakdown of custody holdings showed overseas central banks sold $1.819 billion in debt issued by the Treasury, but bought $2.382 bil