Foreign cenbanks turn big buyers of U.S. debt -- Fed

Stock Market News and Investment Information | Reuters.com

NEW YORK, Aug 11 (Reuters) - Foreign central banks were big
buyers of U.S. debt in the latest week, scooping up similar
amounts of both Treasury and agency debt in what was the
heaviest week of buying in 2-1/2 months, Federal Reserve data
showed on Thursday.
The Fed said its overall holdings of Treasury and agency
debt kept for overseas central banks rose by $12.749 billion in
the week ended Aug. 10 to stand at $1.465 trillion.
The breakdown of custody holdings showed overseas central
banks bought $6.563 billion in Treasury debt in the latest week
and $6.187 billion in agency debt.
It was the biggest week of buying since central banks
scooped up $20.55 billion in the week ended May 25.
The full Fed report can be found on:
http://www.federalreserve.gov/releases/h41/
Marketable securities held in custody by the Fed for
foreign official and international accounts (in millions of
dollars):
Week to Aug 10 vs prior wk vs 2004 wk
Total 1,465,456 +12,749 +209,382
Treasury debt 1,096,279 + 6,563 +78,920
Federal agency 369,178 + 6,187 +130,463
Average of daily custody holdings:

Week to Aug 10 vs prior wk vs 2004 wk
Total 1,461,303 + 6,159 +205,039
Treasury debt 1,092,289 - 896 + 74,350
Federal agency 369,014 + 7,055 +130,689