Does US Govt own bonds/debt of any other foreign country/entity/state?

[Joel thakkar]

I read few months back in a krugman's article that for every $1 debt that US govt have, they get 70-80 cents back as US govt own bonds of foreign countries...

I don't exactly remember that article so please shed light if you know

Thanks!

[Pretzel_Warrior]

1. Yes

[zbdent]

2. Don't we still have a healthy chunk of Iranian gold,

too?

[el_bryanto]

3. That's hard to google

Everytime i try and figure it out, it either talks about how much other nations own of our debt or how much Americans in general own of foreign debt.

I would guess though that each agency has a variety of funds, some of which are invested in longer term securities, some of which are foreign debt.

Maybe someone else had more luck than I did.

Bryant

[muriel_volestrangler]

4. I don't think they can own anything like that amount

Or they would have used that to decrease the amount the US government has to borrow itself.

The UK paid off the last of its WW2 debt to the USA at the end of 2006: http://news.bbc.co.uk/1/hi/magazine/4757181.stm

I think it's more likely that private US citizens or companies own 70-80% in foreign bonds of the amount of US govt bonds owned by foreign entities.