Who are the largest holders of US Debt? US... yes you and I!

Wednesday, August 10, 2011

Who are the largest holders of US Debt? US... yes you and I!

Most of the US debt is held by the US citizens only. Foreign holdings of US debt is only 30% of the total debt. China and Japan combine holdings is 50% of all foreign holdings which means 15% of total US debt is held by US. Here are the some of the largest holders of US debt:
1. Social Security Trust Fund
Holds total of $2.67 trillion debt which is 19% of the total debt.
The Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds invest exclusively in special issue bonds that are only available to the Social Security trust fund. These are not publicly traded securities, but they still constitute a huge amount of debt.
2. The Federal Reserve
Holds total of $1.63 trillion of treasuries which is 11.3% of the total debt.
The Treasury owes the Fed $1.63 trillion in Treasuries, much of which were bought for the Quantitative Easing programs.
3. China
Holds $1.6 trillion of treasuries which is 8% of total debt.
China is the highest holder of US debt among the foreign buyers.
4. US Households
Holds total of $959.4 Billion of treasuries which is 6.6% of the total US debt.
Household sector includes Hedge funds too, so no surprise that the percentage holdings are high.
5. Japan
Holds $ 912.4 Billion of treasuries which is 6.4% of total US debt.
Japan happens to be the second highest holder of the US debt among the foreign holders.
6. State and Local Governments
Holds $506.1 Billion of US treasuries which is 3.5% of the total debt of the US.
7. Private Pension Funds
Holds $504.7 billion of US treasuries which is almost 3.5% of total debt.
8. United Kingdom
Holds $346.5 Billion of US treasuries which is 2.4% of total debt
UK is the third largest holder of US debt among foreign debt holders.
9. Money Market Mutual Funds
Holds $337.7 billions of US treasuries which is 2.4% of total debt.
10. State, Local and Federal retirement funds
Holds $320.9 Billion of US treasuries which is 2.2% of total debt.
There are other holders of US treasuries including Commercial Banks, Mutual Funds, Oil Exporting companies, Brazil, Caribbean banking Centers, Hong Kong.

No comments:

Post a Comment

Why this blog?

"And for the support of this Declaration, with firm reliance on the protection of Divine Providence, we mutually affirm our oath and pledge to each other our Lives, our Fortunes, and our sacred Honor!"

"We are concerned that the greatest nation on earth is being transformed. We are loosing our god-given freedoms and rights. This blog will try and post news items daily that may educate you so you can prepare yourself and your families, educate your friends and voice your opposition in a peaceful way. And hopefully help man the lifeboats as the ship sinks for those who still slumber."

"The punishment which the wise suffer who refuse to take part in the government, is to live under the government of worse men." PLATO

QUOTES:

Benjamin Franklin -

"Here is my creed: I believe in one God, the Creator of the universe. That he governs it by his providence. That he ought to be worshipped. That the most acceptable service we render to him is in doing good to his other children. That the soul of man is immortal, and will be treated with justice in another life respecting its conduct in this. These I take to be the fundamental points in all sound religion."

Thomas Jefferson -

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Benjamin Franklin-

"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."

Benjamin Franklin -

"I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer."