Taiwan Became Biggest Overseas Market for U.S. MBS and ABS, China Dropped to Third
March 31, 2017
Investors in Taiwan held $208.1 billion of agency MBS, non-agency MBS and ABS at the midway point of 2016, making it the largest overseas investor in the market, according to preliminary Treasury Department data. Taiwan increased its holdings of U.S. MBS and ABS by 9.6 percent from the midway point in 2015, a time period during which overall foreign investment was flat. Treasury releases annual estimates of U.S. MBS and ABS by individual foreign countries as of the middle of each year. The estimates include both government-related and private-sector investors domiciled in the country. Mainland China had been...[Includes one data table]