Saudi holdings of US Treasuries rose in February

17/04/2018 Argaam Special

 

Saudi Arabia’s holdings of US Treasuries rose by $7.3 billion to $150.9 billion by the end of February -- the highest level since July 2015, data released by the US Treasury showed.

 

In February, Saudi Arabia was the 12th biggest holder of US debt.

 

Meanwhile, the United Arab Emirates (UAE) raised its holdings by $2.4 billion to $57.5 billion, while Kuwait cut holdings by nearly $0.6 billion to $36.3 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

+8.0

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

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