Russia becomes the 8th largest holder of United States public debt.

Russia has moved into 8th position in the list of holder of US Public debt according to Russia’s Finance magazine. Russian holdings of U.S. Public debt total $65.3 Billion, or approximately 2.5% of American Public debt.

First and second positions belong to Japan and China with holdings of $583 Billion and $503 Billion respectively.  Other nations and groupings with represented in the ten largest holders of American public debt include the United kingdom, oil exporting nations (as a group), Brazil, Caribbean banking centres (as a group), Luxemburg, Hong Kong (separate from China) and Norway.