Russia Reduces Investments in U.S. Government Securities to $3.8 bln

Russia cut its investment in U.S. government securities from $3.957 bln in April to $3.805 ln in May, the U.S. Department of Treasury said on Friday. The share of long-term bonds in May amounted to $305 mln. Short-term bonds accounted for $3.5 bln. Russia began to sharply reduce investments in the US national debt in the spring of 2018. Thus, in April their level fell from $96 bln to $48.7 bln, and in May – to $14.9 bln. In May last year, Russia cut its investment from $6.85 bln to $5.39 bln. Japan remained the largest holder of U.S. government…