India 12th largest overseas holder of US securities in 2017 at $147.4 bn

In 2017, neighbouring China was the largest holder of US government securities with holdings to the tune of $1.18 trillion, followed by Japan at $1.06 trillion

India's exposure to US government securities rose sharply to a high of $144.7 billion at the end of 2017, according to latest official data. 
 

The country remained the 12th largest overseas holder of such securities, just behind oil rich Saudi Arabia, whose holding stood at $147.4 billion in December 2017. 
 

India has been raising its holding of American government securities during last year except for a few months when the total exposure had declined.
 

Figures compiled by the US Treasury Department show that the holding of India went up to $144.7 billion in December last, an increase of little over