Saudi holdings of US Treasuries rise by $2 bln in May

18/07/2018 Argaam Special

 

Saudi Arabia’s holdings of US Treasuries stood at $162.1 billion in May, a rise of $2.2 billion month-on-month– the highest level since July 2015, new data released by the US Treasury showed.

 

The Kingdom maintained its 11th place among the largest holders of US debt in May. China and Japan topped the list with $1.18 trillion and $1.04 trillion, respectively.

 

Meanwhile, the United Arab Emirates (UAE) increased its holding by $300 million to $60 billion in the same period. Kuwait also raised its holding to $43.9 billion, an increase of $1.3 billion.

 

Saudi holdings of US treasury bonds

Month

Value (US$ bln)

Variation

July 2016

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

+ 8.8

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

March

151.2

+ 0.3

April

159.9

+ 8.7

May

162.1

+ 2.2

 

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