Half of Russia’s US Treasury Bonds Sold in April

© AP Photo / Jacquelyn Martin, FileIn this Monday, Aug. 8, 2011, file photo, a statue of former Treasury Secretary Albert Gallatin stands guard outside the Treasury Building in Washington
In this Monday, Aug. 8, 2011, file photo, a statue of former Treasury Secretary Albert Gallatin stands guard outside the Treasury Building in Washington - Sputnik International
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WASHINGTON (Sputnik) - Russia sold roughly half of the US Treasury bonds it owned bringing the total to $48 billion, Treasury Department data revealed.

In April, Russia sold $47.5 billion worth of Treasury Bonds, according to the data released on Friday.

The sale puts Russia at 22nd place from 16th in the list of US Treasury bondholders.

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The sale comes following the two previous decreases. In March, Russia reduced the amount of US Treasury securities it holds, shedding $1.6 billion of treasury holdings.

In February, Russia reduced its US Treasury bond portfolio by a massive $9.3 billion from the previous months. Previously, Russia had been increasing its treasury holdings, which increased from almost $70 billion in March to more than $92 billion in December.

China has remained the main holder of US bonds, its holding coming to over $1.18 trillion in March. Japan came second, with more than $1.03 trillion.

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