U.S. and Hong Kong (2006)

The Department of the Treasury

December 29, 2006
hp-212

Report On U.S. Holdings of Foreign Securities At End-Year 2005

The findings from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2005 are released today and posted on the U.S. Treasury web site (www.treas.gov/tic/fpis.html).

The survey was undertaken jointly by the U.S. Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. Future surveys are scheduled to be carried out annually. The next report will present results from the survey for year-end 2006.

A complementary survey measuring foreign portfolio holdings of U.S. securities is also carried out annually. Preliminary results from the most recent such survey, covering securities held as of June 30, 2006, are expected to be reported by March 30, 2007.

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U.S. Portfolio Investment by Country

Table 2. Value of U.S. holdings of foreign securities, by country and type of security, for the countries attracting the most U.S. investment, as of December 31, 2005

(Billions of dollars, except as noted)

					Debt securities:
		Total	Equities		Long-term		Short-term
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18	Taiwan	58	57		1		*
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22	Hong Kong, SAR	46	44		2		0
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The stock of foreign securities for December 31, 2005, reported in this survey does not, for a number or reasons, correspond to the stock of foreign securities on December 31, 2004, plus cumulative flows reported in Treasury's transactions reporting system. An analysis of the relation between the stock and flow data is available in Table 5 and the associated text of the final report on U.S. holdings of foreign securities at end-year 2005.

REPORTS

• (PDF) Report on U.S. Portfolio Holdings of Foreign Securities at End-Year 2005