Saudi holdings of US Treasuries up to $109.2 bln in July

19/09/2023 Argaam Special

Saudi holdings of US Treasuries up to $109.2 bln in July


Saudi Arabia’s holdings of US Treasuries reached $109.2 billion in July 2023, up $1.1 billion month-on-month, new data released by the US Treasury showed.

 

The Kingdom maintained its 18th place among the largest holders of US Treasuries in July.

 

Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $100.99 billion, representing 92% of the total, and short-term bonds worth $8.24 billion, accounting for 8%.

 

The table below shows development in Saudi holdings of US Treasuries since 2022:

 

Saudi Holdings of US Treasuries*

Month

Value

($ bln)

Change

($ bln)

Jan. 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

120.7

(0.3)

November

121.5

+0.7

December

119.7

(1.7)

Jan. 2023

111.0

(8.7)

February

111.7

+0.7

March

116.2

+4.5

April

113.3

(2.9)

May

111.3

(2.0)

June

108.1

(3.2)

July

109.2

+1.1

*Data was updated as per the latest reading

 

 

Japan was the top holder of US Treasuries in July, with a value of nearly $1.11 trillion, or 14.6% of total treasuries. China came in second with $821.8 billion, as the following table shows:

 

US Treasuries Holders – July 2023

Rank

State

Value ($ bln)

1

Japan

1,112.5

2

China

821.8

3

UK

662.4

4

Luxembourg

349.9

5

Belgium

318.7

6

Switzerland

301.5

7

Cayman Islands

295.6

8

Canada

293.9

9

Ireland

271.5

10

Taiwan

243.0

11

India

233.1

12

France

227.5

13

Brazil

224.7

14

Hong Kong

205.6

15

Singapore

186.1

16

Norway

127.5

17

South Korea

115.7

18

Saudi Arabia

109.2

Others

1,554.7

Total Foreign Holdings

7,654.9

 

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