Saudi banks’ investments in T-bonds rise to SAR 550.7B in March

02/05/2024 Argaam Special

Saudi banks’ investments in T-bonds rise to SAR 550.7B in March


Saudi banks’ investments in treasury bonds rose by about SAR 3.85 billion month-on-month (MoM) to SAR 550.7 billion in March, data from the Saudi Central Bank (SAMA) showed.

 

Meanwhile SAMA’s assets grew by SAR 82.6 billion MoM to nearly SAR 1.85 trillion in March, as shown in the table below:

 

Saudi Banks’ Investments in Treasury Bonds (SAR ln)

Period

Value

Change MoM

January 2023

511.27

+0.97

February

516.00

+4.74

March

518.35

+2.35

April

519.45

+1.09

May

528.34

+8.89

June

530.72

+2.38

July

533.43

+2.71

August

536.34

+2.91

September

532.38

(3.96)

October

522.41

(9.97)

November

532.01

+9.61

December

540.32

+8.30

January 2024

542.46

+2.14

February

546.88

+4.42

March

550.73

+3.85

 

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