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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