MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (in billions of dollars) HOLDINGS 1/ AT END OF PERIOD New 5/ Old 5/ Series Series Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun Jun May Apr Mar Country 2008 2008 2008 2007 2007 2007 2007 2007 2007 2007 2007 2007 2007 2007 ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ Japan 600.7 586.6 586.9 581.2 590.9 601.7 591.9 595.8 620.6 622.9 612.9 615.0 614.6 611.4 China, Mainland 490.6 486.9 492.6 477.6 458.9 459.1 467.7 471.2 480.0 477.3 405.2 407.5 414.2 420.0 United Kingdom 2/ 202.6 181.4 157.9 156.7 172.3 151.4 125.1 101.5 67.3 50.0 192.2 169.5 135.4 147.9 Oil Exporters 3/ 150.8 146.1 140.9 137.9 138.7 141.6 137.1 134.7 134.7 133.2 122.1 121.1 112.0 112.5 Brazil 149.1 146.6 141.7 129.9 121.7 113.9 110.5 107.7 105.8 94.8 93.7 81.6 79.7 69.7 Carib Bnkng Ctrs 4/ 108.3 103.0 108.1 116.4 107.4 105.6 99.1 103.8 70.7 78.2 42.8 47.2 75.6 79.9 Luxembourg 92.7 83.1 68.4 69.7 68.3 63.3 58.4 57.1 57.6 55.9 62.6 62.2 61.8 61.8 Hong Kong 60.5 57.4 54.3 51.0 51.6 51.1 52.5 53.1 55.9 57.3 60.5 58.6 56.3 58.5 Norway 44.5 34.0 33.6 26.2 27.6 25.5 22.9 6.4 -- 3.1 -- -- 2.1 7.3 Russia 42.4 38.4 35.2 32.7 33.5 33.6 31.8 31.9 35.9 33.5 14.7 11.8 7.7 7.4 Germany 42.1 42.5 43.0 41.7 39.1 41.8 41.8 42.3 41.7 45.9 48.3 51.4 49.8 47.6 Switzerland 41.2 39.4 39.3 38.9 38.1 37.8 37.0 37.4 37.2 38.3 32.2 31.9 32.3 32.9 Taiwan 41.2 38.8 38.9 38.2 37.1 40.7 39.9 39.5 44.6 44.7 57.5 57.4 59.2 58.1 Korea 40.7 41.4 42.1 39.2 37.8 37.0 39.4 42.6 44.4 43.7 50.0 52.1 54.1 57.9 Mexico 38.8 36.5 35.5 34.4 32.0 30.5 30.0 30.2 34.9 33.9 36.6 35.5 35.5 35.3 Singapore 33.1 33.3 38.3 39.7 40.1 38.8 36.6 37.8 36.3 36.0 33.0 34.4 32.1 28.8 Turkey 28.7 28.5 28.2 25.6 25.6 28.1 28.3 29.2 28.5 28.7 27.1 27.0 26.2 27.6 Thailand 25.7 30.5 28.9 27.4 27.5 22.8 24.7 22.9 22.5 20.6 17.8 18.7 16.8 17.8 Canada 20.1 21.4 23.0 17.5 22.8 15.5 17.6 19.2 23.3 24.6 30.5 33.6 29.8 31.5 Ireland 17.8 15.6 15.6 18.7 17.5 17.0 16.3 16.8 15.6 15.8 12.0 12.0 8.5 11.7 Netherlands 15.1 14.1 15.9 15.2 14.2 14.8 15.1 16.6 15.7 16.5 21.2 20.0 21.3 21.4 Sweden 13.2 13.6 13.4 13.7 14.1 14.5 14.8 15.7 15.5 15.1 15.7 15.4 14.8 14.9 Belgium 12.8 13.2 13.1 13.2 14.2 14.6 14.6 14.6 15.4 15.2 11.9 12.1 12.9 12.3 Egypt 12.7 12.0 11.6 10.4 10.6 9.9 9.9 10.1 10.2 10.0 6.4 6.3 6.0 6.1 India 11.8 14.4 14.6 14.9 14.8 14.9 10.8 12.1 14.1 14.0 12.8 15.3 20.0 20.1 Poland 11.6 10.2 10.3 12.9 11.1 9.8 10.6 10.5 11.1 10.4 12.9 11.8 12.2 12.2 Italy 11.3 11.3 12.7 14.6 15.5 14.1 13.4 13.2 13.9 14.0 13.5 13.4 13.3 13.9 Philippines 10.8 10.4 10.3 10.1 9.6 9.5 9.0 8.4 8.6 9.0 8.1 7.8 7.5 7.3 All Other 148.4 146.2 147.0 147.6 143.9 136.9 135.6 138.6 139.2 149.4 137.6 154.3 154.8 160.8 Grand Total 2519.6 2436.7 2401.5 2353.5 2336.4 2296.0 2242.2 2221.0 2201.0 2192.0 2191.7 2185.0 2166.7 2194.8 Of which: For. Official 1706.6 1681.6 1688.0 1641.1 1619.1 1613.8 1607.7 1595.1 1621.0 1612.6 1443.1 1448.4 1458.4 1466.0 Treasury Bills 201.3 204.3 207.1 196.3 185.3 180.4 178.3 180.0 176.2 160.9 160.9 172.7 178.1 195.1 T-Bonds & Notes 1505.3 1477.3 1480.9 1444.8 1433.8 1433.4 1429.4 1415.1 1444.7 1451.7 1282.1 1275.7 1280.3 1270.9 Department of the Treasury/Federal Reserve Board May 15, 2008 1/ Estimated foreign holdings of U.S. Treasury marketable and non-marketable bills, bonds, and notes reported under the Treasury International Capital (TIC) reporting system are based on annual Surveys of Foreign Holdings of U.S. Securities and on monthly data. 2/ United Kingdom includes Channel Islands and Isle of Man. 3/ Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. 4/ Caribbean Banking Centers include Bahamas, Bermuda, Cayman Islands, Netherlands Antilles and Panama. Beginning with new series for June 2006, also includes British Virgin Islands. 5/ New series reflect new benchmark survey taken in this month. Estimated positions based on the previous survey are shown for comparison.