Both governments have pledged to reduce their holdings, although neither has made much progress.

Over the last three years, banks have reduced their holdings of tax-exempt paper by $78.7 billion, the association said.

In addition, the bank reduced by $900 million its holdings of loans on which no interest was being paid.

He again urged the Serbs to accept an international peace plan under which they would reduce their holdings to 49 percent.

Earlier this week, she recommended that investors reduce their holdings of stocks.

Citicorp expects to reduce its holdings to less than 5 percent.

And to reduce their holdings - to encourage institutional investors to buy them - they've had to lower prices.

Murdoch was subsequently compelled to reduce his holdings to less than 15%.

By 1985, it had reduced its holdings to 24 percent.

He reduced his holdings and even encouraged others to follow suit.