Apple owns more U.S. debt than most foreign countries | Cult of Mac
Apple owns $52.6 billion in U.S. Treasury securities, ranking it above countries like Israel, Mexico, Australia and the Netherlands and one of the top 25 major foreign holders of U.S. government debt, according to a new report.U.S. Treasury securities, in the forms of bills, notes and bonds, are debt obligations of the U.S. government. In essence, it means that individuals are loaning money to the United States federal government in exchange for what amounts to the safest of investments.A major playerIn this case, though, it just serves to underline what a whale of a player Apple is on the world stage. Of this $52.6 billion, Apple owns $20.1 billion in short-term Treasury securities and $31.35 billion in long-term marketable Treasury securities, as per its latest regulatory filing.
Källa: Apple owns more U.S. debt than most foreign countries | Cult of Mac
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