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*** It is worth noting that the latest......>

US TSYS
US TSYS: *** It is worth noting that the latest TICS flow data pointed to Russia
continuing to shed it's U.S. Tsy holdings in the month of May. We previously
highlighted that Russia sold just shy of half ($47.4bn) of its U.S. Treasury
holdings during April, leaving the country with $48.7bn worth of U.S. Treasuries
(See MNI ANALYSIS: Russia Trims U.S. Tsy Holdings, From June 18). The May TICS
release showed that Russia sold another $33.8bn worth of U.S. Tsys, leaving the
country with some $14.9bn worth of U.S. Tsys.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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