That German investors collect interest income on their holdings of U.S.Treasury bills constitutes a credit transaction on the U.S.balance-of-payments.

Name: That German investors collect interest income on their holdings of U.S.Treasury bills constitutes a credit transaction on the U.S.balance-of-payments.
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Interest payments made by the U.S. to foreign investors are considered a debit transaction in the U.S. balance of payments, as they represent an outflow of funds from the U.S. to other countries.

That German Investors Collect Interest Income on Their Holdings of U.S.Treasury