US Government Securities

Even though the government is yet to make up its mind on inclusion of G-Secs (Government Securities) in global bond indices, Wall Street brokerage Morgan Stanley expects indices major JP Morgan to make an announcement in this regard as early as next week. On Monday finance minister Nirmala Sitharaman told an industry gathering that the 2020 budget proposal on allowing bond inclusion in international indices could not move forward as the fund flows did not meet the desired levels, due to many reasons including the Covid pandemic. Without offering any details like a timeline or the tax and stamp duty breaks that investors were demanding, Sitharaman said: "I don't know whether we're holding it back or not. I think global situation changed a lot since I made that statement in the 2020 budget. "Global fund flows have not been as big as we wanted it to be primarily due to other reasons. So it'll come to its natural, logical conclusion soon." According to the RBI data, G-Secs outstanding

The donation came as the billionaire sold $16.4 billion worth of shares after polling Twitter users about offloading 10% of his stake in the electric-car maker in early November

The thinning out of activity is impacting market liquidity, the central bank said in a statement

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

China, Japan continue to lead with purchases to the tune of $1.166 trillion and $1.113 trillion respectively

At the end of December 2015, India's exposure was to the tune of $116.8 billion

Asian economic majors Japan and China continued to be the two top holders of US government securities

Among the BRIC nations, India has the third highest holdings of US government securities after China and Brazil

India hiked its exposure to US government securities by nearly USD 34 billion to touch USD 116.8 billion last year, even as the world's largest economy witnessed mixed growth trends. At the end of 2014, the country's holdings of these securities was worth USD 83 billion. Latest data from the US Treasury Department showed that India owned securities valued at USD 116.8 billion at the end of December, slightly higher than USD 115.4 billion in November. In the first six months of 2015, India gradually raised exposure to USD 117 billion, before slightly trimming the holding to USD 116.4 billion in July. Then, it inched up to USD 116.8 billion at December end. China remained the largest holder of US government securities worth USD 1.246 trillion, followed by Japan with holdings valued at USD 1.123 trillion. Among the BRIC grouping, India has the third largest holding after China and Brazil (USD 254.8 billion). Russia held American government securities to the tune