Share of foreign-held Treasuries owned by central banks and governments
ReinvestmentShare of foreign-held Treasuries owned by central banks and governments. 1 series: Foreign official. Latest, Aug 2026: Foreign official 40.25%.
Official holders are foreign central banks, finance ministries and other government institutions; the rest are private investors. Holdings in a private custodian's name can hide official owners, so this is a lower bound on the official share.
See also: Laurence Wilse-Samson, "Global Finance: A Money View", chapter 3, The International Dimension
Classroom exerciseFind the month the official share peaked and its latest value. Who replaced central banks as foreign buyers of Treasuries? Why does it matter whether foreign demand comes from price-insensitive official holders or price-sensitive private ones? Teach page
Cite asBalance of Power, "Share of foreign-held Treasuries owned by central banks and governments", data through Aug 2026. Source: U.S. Treasury, TIC major foreign holders of Treasury securities, foreign official holdings over the grand total; Balance of Power calculations.
- Marked: 2008-09-15 Lehman Brothers fails
- Marked: 2015-08-11 China devalues the renminbi
- Marked: 2022-02-28 Russia's reserves frozen
Download the data (CSV)
Latest values
| Date | Foreign official |
|---|
| Jan 2026 | 42.43 |
| Feb 2026 | 42.26 |
| Mar 2026 | 41.73 |
| Apr 2026 | 41.76 |
| May 2026 | 41.05 |
| Jun 2026 | 40.63 |
| Jul 2026 | 40.80 |
| Aug 2026 | 40.25 |
Embed this chart