Saudi holdings of US Treasuries rise to $121.1 bln in October

19/12/2022 Argaam Special


Saudi Arabia’s holdings of US Treasuries reached $121.1 billion in October; new data released by the US Treasury showed.

 

The Kingdom maintained the 16th place among the largest holders of US debt in October.

 

Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $103.1 billion, representing 85% of the total. This is besides short-term bonds worth $17.99 billion, accounting for 15%.

 

The table below shows development in Saudi Holdings of US Treasuries since 2021:

 

Saudi Holdings of US Treasury Bonds

Month

Value ($ bln)

Change ($ bln)

January 2021

135.1

(1.3)

February

132.9

(2.2)

March

130.8

(2.1)

April

130.3

(0.5)

May

127.3

(3)

June

127.6

+0.3

July

128.1

+0.5

August

124.1

(4.0)

September

123.8

(0.3)

October

116.5

(7.8)

November

116.5

--

December

119.0

+2.5

January 2022

119.4

+0.4

February

116.7

(2.7)

March

115.5

(1.2)

April

115.7

+0.2

May

114.7

(1.0)

June

119.2

+4.5

July

121.6

+2.4

August

122.1

+0.5

September

121.0

(1.1)

October

121.1

+0.1

 

 

Japan was the top holder of US Treasury bonds in October with a value of $1.078 trillion. China came next, with a value of $909.6 billion, as the following table shows:

 

US Treasury Bonds Holders – October

Rank

Country

Value ($ bln)

1

Japan

1078.2

2

China

909.6

3

UK

638.5

4

Belgium

327.3

5

Cayman Islands

296.6

6

Luxembourg

295.7

7

Switzerland

262.9

8

Ireland

239.0

9

Brazil

224.8

10

France

218.4

11

Taiwan

216.3

12

Canada

215.1

13

India

213.0

14

Hong Kong

185.6

15

Singapore

176.9

16

Saudi Arabia

121.1

Others

 

1566.4

Total Foreign Holdings

 

7185.4

 

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