Saudi Arabia held $147 bln of US debt by 2017-end

18/02/2018 Argaam Special

 

Saudi Arabia’s holdings of US Treasury bonds rose by $44.6 billion to $147.4 billion by the end of 2017 compared to $102.8 billion at the end of 2016.

 

In December, Saudi holdings of US debt fell $ 0.2 billion month-on-month. The Kingdom is currently the 11th largest holder of US debt.

 

Elsewhere in the GCC, the United Arab Emirates’ holdings of US debt declined by around $0.5 billion to $57.7 billion in December, while Kuwait’s holdings remained unchanged at $36.8 billion.

 

Saudi Holdings of US Treasuries

Month

Value (USD bln)

Change

January 2016

123.6

+4.7

February

119.8

(3.8)

March

116.8

(3.0)

April

113.0

(3.8)

May

103.7

(9.3)

June

98.2

(5.5)

July

96.5

(1.7)

August

93.0

(3.5)

September

89.4

(3.6)

October

96.7

+7.3

November

100.1

+3.4

December

102.8

+2.7

January 2017

112.3

+9.5

February

116.7

+4.4

March

124.5

+7.8

April

126.8

+2.3

May

134.0

+7.2

June

142.8

+8.8

July

142.5

(0.3)

August

137.9

(4.6)

September

136.7

(1.2)

October

145.2

+8.5

November*

147.6

+2.4

December

147.4

(0.2)

*Updated data

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