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Some $200bn£120bnbn) in revenues is expected to flow into African government treasuries over 10 years.
A stock buyer can expect to beat Treasuries over the next five years if shares only stay level.
That compares with 36.2percentt for traditional 10-year Treasuries over that period, according to calculations by Vanguard.
The Federal Reserve announced that it would buy $600 billion in Treasuries over the next eight months in a second round of "quantitative easing".
"While the players in Washington certainly haven't performed at AAA level, I would certainly take U.S. Treasuries over other AAA sovereigns any day," Mr. Paulson told me.
China's selling of Treasuries over the 12-month period was offset by the actions of Japan, another country whose trade surplus with the United States remains large.
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The move would generate trillions of dollars for the financially-strapped treasury over the next decade.
As calculated by the city's Independent Budget Office, the municipal treasury over the last quarter-century has lost $297.7 million, not exactly chump change.
A former manager in the District of Columbia tax office admitted to cutting more than 200 fraudulent property tax refund checks in a scheme that drained more than $48 million from the city's treasury over almost two decades.
Because of critics' claims that the low rates are made possible by the TVA's tax exemption and lack of obligation to show a profit on its operations, a schedule of payments was worked out by which the TVA would refund to the national treasury over a period of years all federal electric-power investment in the valley.
To define fair value, Samra begins with the average risk-free rate of 6% on ten-year U.S. Treasurys over the past quarter-century.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com