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Treasury International Capital · Switzerland

How much US debt does Switzerland hold?

On , Switzerland held $284.8 billion of US Treasury securities, down $0.1 billion from June 2026, number 11 among the holders Treasury lists by country.

Last updated . This page normally updates every month; the latest update is late.

Switzerland's holdings of US Treasury securities at each month-end

Every month-end since 317 months

Switzerland's holdings of US Treasury securities at each month-end, 31 Mar 2000 to 31 Jul 2026
Switzerland's holdings of US Treasury securities at each month-end, 31 Jul 2016 to 31 Jul 2026
Switzerland's holdings of US Treasury securities at each month-end, 31 Jul 2024 to 31 Jul 2026

Switzerland's holdings at the end of July 2026 against earlier months

The latest in greenEach bar from zero

Switzerland's holdings at the end of July 2026 and in earlier months July 2026: $285B; June 2026: $285B; July 2025: $303B; Highest, March 2025: $312B; Lowest, June 2001: $16.1B July 2026 $285B June 2026 $285B July 2025 $303B Highest, March 2025 $312B Lowest, June 2001 $16.1B Switzerland's holdings at the end of July 2026 and in earlier months July 2026: $285B; June 2026: $285B; July 2025: $303B; Highest, March 2025: $312B; Lowest, June 2001: $16.1B July 2026 $285B June 2026 $285B July 2025 $303B Highest, March 2025 $312B Lowest, June 2001 $16.1B

Each point is one month-end; pointing at the chart shows its date and holdings. Every month is under "The numbers behind the chart".

Select a line to followLatest:

  • Share of all foreign holdings3.1%
Inspect and compare dates

The latest month-end beside the month before it and the nearest month-ends one, five and ten years earlier.

MeasureLatestThe month beforeA year earlierFive years earlierTen years earlier
Month
Holdings, $ billion284.8284.9303.2296.2241.3

The table scrolls sideways; the first column stays in place.

Observed .

Right now

Switzerland held $284.8 billion at the end of July 2026, $26.9 billion less than at its peak in March 2025.

Its holdings were down $0.1 billion from June 2026 and down $18.4 billion from July 2025, 3.1% of all foreign holdings.

See every country Treasury lists

Larger than 9 of the other 19 countries Treasury lists

Highest and lowest

Its highest month-end was March 2025, at $311.7 billion; its lowest June 2001, at $16.1 billion.

See every month-end

Understanding these holdings

Where it stands today

Switzerland held $284.8 billion at the end of July 2026, 3.1% of all foreign holdings.

Where do these numbers come from?

Treasury's TIC system reports holdings of US Treasury bills, notes and bonds by residents of each country at the end of each month.

Read more

Treasury revises earlier months each year after its annual survey; this page shows the figures as Treasury publishes them now.

What these figures cannot tell

  • Holdings are attributed to the country of the holder or of its custodian, so a country's figure can include securities that residents of other countries own.

The numbers behind the chart

What did Switzerland hold at each month-end?Switzerland's holdings, newest first
Switzerland's holdings at each month-end, newest first ($ billion)
MonthHoldings
284.8
284.9
281.1
288.6
286.4
286.7
289.2
294.1
300.4
302.0
301.8
303.0
Show 305 more rows
MonthHoldings
303.2
300.6
303.7
310.9
311.7
290.8
301.2
298.7
298.7
297.9
305.5
299.3
289.4
287.4
290.5
290.5
286.7
281.1
284.2
287.4
276.4
275.7
280.1
283.5
302.2
306.2
304.5
298.3
305.4
290.1
290.5
269.5
266.6
258.4
273.3
290.6
283.1
291.5
287.1
268.0
270.7
278.0
295.4
284.0
288.4
289.9
294.4
292.6
296.2
302.0
264.8
260.9
254.7
257.7
254.0
255.5
253.3
255.5
255.4
253.4
250.4
247.3
243.1
241.3
244.6
243.7
238.1
237.5
233.4
233.2
231.1
233.0
228.3
232.4
231.3
226.9
226.3
221.4
226.9
229.9
227.5
225.2
226.9
232.0
233.1
235.5
243.4
242.2
245.4
248.0
251.1
249.6
250.9
254.0
253.3
248.2
244.5
244.1
239.4
234.1
227.6
234.3
224.0
230.0
230.3
235.6
241.0
238.3
241.3
237.9
229.2
230.0
230.4
236.6
237.9
231.7
227.1
225.6
227.6
222.7
218.4
217.0
222.7
215.8
211.8
201.7
205.5
190.1
183.8
184.3
186.2
189.1
184.1
175.9
174.0
177.6
175.8
168.1
173.8
176.7
176.6
174.3
177.2
181.2
178.2
180.3
182.6
185.8
183.6
186.9
190.0
195.4
192.7
187.8
193.5
191.7
184.8
172.4
155.2
150.4
150.4
145.1
145.8
142.4
126.2
144.0
158.3
157.6
118.5
118.1
108.3
106.2
108.8
107.7
106.1
105.4
104.6
105.7
107.5
110.1
106.3
106.5
84.4
80.0
78.8
81.8
84.4
89.7
89.6
85.3
82.7
82.0
81.9
85.7
63.7
64.2
67.7
68.2
62.1
62.3
63.8
62.0
49.7
45.9
45.7
45.1
41.9
42.4
41.2
39.4
39.2
38.9
38.1
38.0
37.2
37.8
37.4
38.5
32.1
32.4
33.1
32.7
33.7
34.3
35.6
36.9
37.0
38.1
38.2
37.8
30.5
31.1
30.9
31.2
30.4
30.8
30.7
32.6
32.0
32.9
32.3
34.9
41.6
43.1
43.7
44.1
40.6
41.7
41.5
41.9
39.7
40.0
39.2
40.8
48.8
50.8
48.3
48.0
44.8
46.1
46.5
44.7
44.8
44.0
41.8
41.1
32.8
34.5
35.3
34.1
34.5
34.0
38.3
34.6
35.4
34.2
35.0
33.4
19.0
18.6
21.3
18.1
18.4
18.7
17.6
17.8
17.1
16.6
16.4
16.1
16.1
17.3
17.2
17.5
17.1
16.4
16.9
17.4
17.8
18.6
19.2
20.6
23.2
23.6
24.3
How do the latest holdings compare with earlier months?The holdings and the change since
Switzerland's holdings at the end of July 2026 against earlier months ($ billion)
Compared withHoldingsChange since
June 2026284.9−0.1
July 2025303.2−18.4
Highest, March 2025311.7−26.9
Lowest, June 200116.1+268.7
Which other countries does Treasury list?19 countries
When are the figures from?

Observed .

Page updated