Saudi holdings of US Treasuries at highest level since July 2015

16/05/2018 Argaam Special

 

Saudi Arabia’s holdings of US Treasuries stood at $115.2 billion, a rise of $300 million month-on-month in March – the highest level since July 2015, new data released by the US Treasury showed.

 

The Kingdom maintained its 12th place among the largest holders of US debt in March. China and Japan topped the list with $1.19 trillion and $1.04 trillion, respectively.

 

Meanwhile, the United Arab Emirates (UAE) increased its holding by $1.7 billion to $59.2 billion in the same period. Kuwait also raised its holding to $36.9 billion, an increase of $0.6 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

142.0

+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)

January 2018

143.6

(3.8)

February

150.9

+7.3

March

151.2

+0.3

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