Saudi holdings of US Treasuries rise by $3 bln in June

16/08/2018 Argaam Special

 

Saudi Arabia’s holdings of US Treasuries stood at $164.9 billion in June, a rise of $2.8 billion month-on-month– the highest level since July 2015, new data released by the US Treasury showed.

 

Thus, the Kingdom moved up to the 10th place among the largest holders of US debt in June.

 

Meanwhile, the United Arab Emirates (UAE) decreased its holding by around $400 million to $59.6 billion in the same period. Kuwait also cut its holding to $42.9 billion by $1 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

June

164.9

+2.8

 

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