Saudi Arabia raises its holdings of US bonds for the second...

Saudi Arabia raises its holdings of US bonds for the second...
Saudi Arabia raises its holdings of US bonds for the second...

It raises its holdings of US bonds for the second month, and we assure you that we always strive to satisfy you, and now with the details

Saudi Arabia – By Ayman Al-Washwash – Saudi Arabia continued to raise its holdings of US Treasury bonds last July, for the second consecutive month this year, as the first five months witnessed a reduction in the Kingdom’s total holdings of US bonds.The data of the US Treasury’s monthly report showed that Saudi Arabia’s holdings of bonds rose by $300 million in July from the previous June, bringing its total to $128.1 billion.

In terms of annual change, Saudi Arabia’s holdings increased by 3.5 billion dollars compared to the same month last year (2020).

According to the report, the Kingdom’s possession of US Treasury bonds was distributed to 102.2 billion dollars long-term, representing 80%, and 25.9 billion dollars in bonds and short-term treasury bills, representing 20%.

Saudi Arabia ranked 16th globally in the list of major investors in US bonds and treasury bills for the month of July 2021, while the rest of the Arab countries advanced, followed by the Arab Emirates with a value of $58 billion in the 23rd place globally, Kuwait with a value of $46.4 billion and the 28th globally.

7.54 trillion

Globally, the report stated that the possession of US bonds by countries around the world rose by 46.2 billion dollars in July, reaching 7.54 trillion dollars, compared to 7.49 trillion dollars in June of this year.

Japan came at the top of the list of major investors in US bonds with a share of 1.31 trillion dollars, China with a share of 1.07 trillion dollars, then the United Kingdom by 539.5 billion dollars and Ireland by 319.7 billion dollars, and Switzerland came fifth with 298.3 billion dollars.

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