MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (in billions of dollars) HOLDINGS 1/ AT END OF PERIOD 2004 2004 2004 2004 2004 2004 2004 2004 2004 2004 COUNTRY Oct Sept Aug July June May April Mar Feb Jan Japan 715.2 720.3 722.2 698.1 689.3 668.0 652.4 646.3 614.5 583.8 Mainland China 174.6 174.3 172.2 167.0 164.9 164.1 161.0 157.3 153.8 156.6 United Kingdom 140.9 134.7 134.8 130.4 126.5 125.3 132.7 122.7 107.0 93.7 Caribbean Banking Centers 2 85.2 88.4 83.3 83.3 85.8 68.4 57.1 67.4 60.5 55.2 Korea 65.6 66.5 63.3 61.4 60.5 58.7 59.2 60.4 57.0 59.6 Taiwan 57.5 57.4 56.4 57.6 57.7 57.3 56.8 54.8 55.7 53.1 Germany 52.1 50.8 48.1 48.8 47.7 49.7 50.1 45.7 46.0 47.5 Switzerland 50.6 48.5 48.9 48.0 49.6 49.2 51.0 48.6 48.2 45.1 Hong Kong 49.9 49.5 49.4 50.4 52.4 52.7 52.1 50.7 53.1 54.0 OPEC 46.9 43.3 43.2 44.0 43.7 45.8 45.0 43.0 41.0 43.4 Mexico 35.2 35.4 37.0 35.6 38.6 36.5 30.6 28.9 28.5 27.5 Canada 34.2 33.8 33.1 33.3 30.6 33.1 33.3 30.7 28.3 26.1 Luxembourg 27.3 26.7 26.4 26.0 26.4 25.6 26.2 27.8 27.7 26.3 Singapore 26.3 24.2 26.1 26.2 27.0 26.4 27.2 26.7 25.7 23.0 Ireland 18.6 19.5 21.2 18.2 16.7 19.3 15.0 14.7 15.7 14.8 Turkey 15.9 16.8 16.4 15.0 15.0 15.7 16.3 14.9 14.2 14.5 Brazil 15.0 15.7 16.2 16.2 13.2 12.9 12.4 13.1 11.3 10.7 Thailand 14.7 13.7 14.8 13.8 11.4 10.9 10.8 11.9 15.3 13.5 Italy 14.6 14.9 14.8 15.7 16.0 16.1 15.7 15.0 14.9 14.7 Belgium 14.3 14.3 14.0 14.2 14.6 13.7 13.3 12.8 12.9 14.6 India 13.7 12.6 14.0 14.9 15.9 15.9 15.9 13.6 13.3 15.7 Israel 11.5 13.4 12.5 13.6 17.9 18.0 15.5 16.4 14.1 10.5 Sweden 11.0 10.1 10.1 9.7 10.1 11.5 9.9 10.5 10.6 9.6 Spain 9.3 10.0 9.4 10.5 10.7 10.6 11.5 9.3 9.7 10.8 Netherlands 8.8 10.1 7.3 14.6 14.7 13.6 15.5 12.4 12.6 13.2 France 7.8 10.1 10.2 11.9 11.2 11.1 12.3 16.5 12.3 16.0 Australia 6.7 6.3 6.6 7.5 6.9 7.3 7.5 10.0 12.6 10.8 All Other 131.9 122.5 120.0 122.1 117.7 114.1 117.9 115.6 111.3 112.2 Grand Totals 1855.3 1843.8 1831.9 1808.0 1792.7 1751.5 1724.2 1697.7 1627.8 1576.5 Of which official 1124.7 1115.2 1110.7 1088.0 1083.9 1067.3 1044.8 1029.5 989.6 962.4 Bills 226.9 232.2 237.6 230.4 231.9 232.9 224.8 231.6 225.6 214.5 Bonds and notes 897.8 883.0 873.1 857.6 852.0 834.4 820.0 797.9 764.0 747.9 Department of the Treasury/Federal Reserve Board December 15, 2004 1/ Estimated foreign holdings of U.S. Treasury marketable and nonmarketable bills, bonds and notes are based on Treasury Foreign Portfolio Investment Survey benchmarks and on monthly data reported under the Treasury International Capital (TIC) reporting system. 2/ Includes Bahamas, Bermuda, Cayman Islands, Netherlands Antilles, and Panama.