Saudi Arabia’s investments in US Treasury bills and bonds rose 0.2% last July, to reach $128.1 billion, compared to $127.8 billion at the end of June.Thus, it raised its holdings for the second month in a row, and ranked 16th globally among major investors in the US debt instrument. Saudi Arabia’s investments in US Treasury bonds were distributed to 102.2 billion dollars in long-term bonds, representing 80% of the total, while about 25.9 billion Dollars in short-term bonds, which constitute 20% of the total. On an annual basis, Saudi Arabia’s balance of US Treasury bonds and bills increased by 2.8% at the end of July 2021, compared to its balance at the end of the same month of 2020, which amounted to 124.6 billion dollars.
Since the beginning of 2020, Saudi Arabia’s possession of US Treasury bonds and bills has increased from $179.8 billion in December 2019 to $182.9 billion at the end of January 2020, then to $184.4 billion at the end of February, while it began to decline to $159.1 billion at the end of (March) 2020, and 125 .3 billion dollars at the end of (April), and 123.5 billion dollars at the end of (May), before returning to buying last (June) with the improvement of US economic indicators with the gradual opening of the country.
These were the details of the news $128 billion in Saudi investments in the US Treasury for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.