Japan may use its holdings of foreign securities to fund record breaking foreign exchange market interventions over the past month Golden Finance reported that on June 22, Japan may have used its foreign securities, including US treasury bond bonds, to fund the record foreign exchange intervention in the past month, which may attract the attention of the US. According to the reserve data released by the Japanese Ministry of Finance on Friday, as of the end of May, Japan's holdings of foreign securities decreased by $75.6 billion compared to April. This decline is roughly equivalent to the amount of intervention Japan has recently taken to support the yen in the market. The Japanese Ministry of Finance confirmed last week that as of May 27th, the funds used for foreign exchange intervention for the month reached a record high of 11.73 trillion yen (73.4 billion US dollars). A Finance Ministry official who spoke at the report briefing acknowledged that foreign exchange market intervention was one of the reasons for the significant decline in foreign exchange reserve holdings, and stated that this decline was the largest on record.