Saudi banks’ treasury bond holdings rise in February

30/03/2017 Argaam

Saudi banks’ investments in treasury bonds increased by SAR 538 million month-on-month to SAR 178.9 billion in February, according to new figures released by the Saudi Arabian Monetary Authority (SAMA), the kingdom’s central bank.

 

Assets held by SAMA dropped by SAR 28.5 billion in February, hitting a five-year low.

 

Banks’ investment in treasury bonds (SAR bln)

Month

Value

Variation

January 2016

86.7

+0.5

February

98.6

+11.9

March

120.6

+22.0

April

139.9

+19.3

May

153.5

+13.6

June

156.6

+3.1

July

167.3

+10.7

August

169.7

+2.4

September

173.0

+3.3

October

175.7

+2.7

November

177.0

+1.3

December

178.4

+1.4

January 2017

178.3

(0.1)

February

178.9

+0.6

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