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Custodial Activity in London 2024

A large share of holdings attributed to the U.K. reflects custodial activity in London, with portfolio managers and custodians holding Treasuries on behalf of investors based elsewhere.

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Jan 24, 2026
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How much of U.S. Treasury debt is held by specific European countries (Germany, France, UK)?

As of the most recent publicly cited snapshots in 2024, is one of the largest foreign holders of Treasury securities, holding roughly $690 billion (April 2024) according to ’ synthesis of Treasury dat...