Report on Foreign Portfolio Holdings of U.S. Securities at End-June 2025

WASHINGTON - The final results from the annual survey of foreign portfolio holdings of U.S. securities at the end of June 2025 were released today on the Treasury website at /data/treasury-international-capital-tic-system/us-liabilities-to-foreigners-from-holdings-of-us-securities. The survey was undertaken jointly by Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. The next survey will cover holdings at the end of June 2026; preliminary data are expected to be released by February 26, 2027.Complementary surveys measuring U.S. holdings of foreign securities are also carried out annually. Data from the most recent survey, reporting on securities held at year-end 2025, are currently being processed. Preliminary results are expected to be reported by August 31, 2026.The survey measured the value of foreign portfolio holdings of U.S. securities as of June 30, 2025, to be $35,349 billion, with $19,860 billion held in U.S.