India Treasury Holdings
India Holdings Timeline
Share of total foreign-held U.S. Treasury securities over time
Total Holding
$182.9B
Current Share
2.1%
Peak Share
3.4%(May-2023)
Change from Peak
-1.3pp(-38%)
● PEAK: 3.4% in May-2023 ($238.3B)
● CURRENT: 2.1% in Dec-2025 ($182.9B)
Source: U.S. Department of the Treasury (TIC System) • 276 monthly observations
India Holdings Overview
Historical analysis of U.S. Treasury holdings
Current Holdings
$182.9B
Global Rank
#15
Share of Foreign Holdings
2.1%
Peak (May-2023)
3.4%
Historical Trend
India's holdings peaked at 3.4% in May-2023 ($238.3B). Current holdings are down to 2.1% ($182.9B), signaling diversification away from U.S. Treasuries.
Change from peak: -1.3pp (-38%)
Historical Holdings Data
| Date | Holdings | Share | Rank |
|---|---|---|---|
| Dec-2025 | $182.9B | 2.1% | #15 |
| Nov-2025 | $186.5B | 2.2% | #15 |
| Oct-2025 | $190.7B | 2.2% | #15 |
| Sep-2025 | $202.7B | 2.4% | #15 |
| Aug-2025 | $219.4B | 2.6% | #14 |
| Jul-2025 | $219.7B | 2.6% | #14 |
| Jun-2025 | $227.4B | 2.7% | #14 |
| May-2025 | $235.3B | 2.8% | #14 |
| Apr-2025 | $232.5B | 2.8% | #14 |
| Mar-2025 | $239.9B | 2.9% | #14 |
| Feb-2025 | $228.0B | 2.8% | #14 |
| Jan-2025 | $225.7B | 2.9% | #14 |
| Dec-2024 | $219.1B | 2.8% | #14 |
| Nov-2024 | $234.0B | 2.9% | #14 |
| Oct-2024 | $241.4B | 3.0% | #14 |
| Sep-2024 | $247.2B | 3.0% | #12 |
| Aug-2024 | $245.9B | 3.1% | #12 |
| Jul-2024 | $238.8B | 3.1% | #12 |
| Jun-2024 | $241.9B | 3.2% | #12 |
| May-2024 | $237.8B | 3.2% | #12 |
| Apr-2024 | $233.5B | 3.1% | #12 |
| Mar-2024 | $240.6B | 3.2% | #12 |
| Feb-2024 | $234.7B | 3.2% | #12 |
| Jan-2024 | $236.1B | 3.2% | #12 |
| Dec-2023 | $233.7B | 3.2% | #13 |
| Nov-2023 | $224.9B | 3.1% | #12 |
| Oct-2023 | $222.0B | 3.2% | #12 |
| Sep-2023 | $229.1B | 3.3% | #11 |
| Aug-2023 | $232.5B | 3.3% | #11 |
| Jul-2023 | $233.1B | 3.3% | #11 |
| Jun-2023 | $235.4B | 3.4% | #11 |
| May-2023 | $238.3B | 3.4% | #10 |
| Apr-2023 | $238.7B | 3.4% | #10 |
| Mar-2023 | $237.9B | 3.4% | #11 |
| Feb-2023 | $231.2B | 3.4% | #11 |
| Jan-2023 | $232.0B | 3.4% | #11 |
| Dec-2022 | $224.1B | 3.3% | #10 |
| Nov-2022 | $219.0B | 3.2% | #12 |
| Oct-2022 | $213.0B | 3.2% | #13 |
| Sep-2022 | $212.6B | 3.1% | #11 |
| Aug-2022 | $221.2B | 3.1% | #13 |
| Jul-2022 | $212.0B | 3.0% | #13 |
| Jun-2022 | $208.8B | 3.0% | #12 |
| May-2022 | $203.7B | 2.9% | #13 |
| Apr-2022 | $199.0B | 2.8% | #13 |
| Mar-2022 | $199.8B | 2.8% | #14 |
| Feb-2022 | $199.8B | 2.7% | #14 |
| Jan-2022 | $198.6B | 2.7% | #14 |
| Dec-2021 | $198.9B | 2.7% | #14 |
| Nov-2021 | $205.2B | 2.8% | #13 |
Showing most recent 50 of 276 data points
Source: U.S. Department of the Treasury, Treasury International Capital (TIC) System
Data Range: Feb-2002 to Dec-2025 (276 monthly observations)