Saudi holdings of US Treasuries fall to $111.3 bln in May

انخفاض حيازة السعودية من سندات الخزانة الأمريكية إلى 113.3 مليار دولار في أبريل 2023

Saudi Arabia’s holdings of US Treasuries reached $111.3 billion in May, declining $2 billion month-on-month (MoM), new data from the US Department of the Treasury showed.

The Kingdom maintained the 18th place among the largest holders of US Treasuries in May.

Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $99.4 billion, representing 89% of the total. Meanwhile, the value of short-term bonds for the same month amounted to $11.9 billion, accounting for 11%.

The table below shows development in Saudi holdings of US Treasuries since 2022:

Saudi Holdings of US Treasuries*
Month	Value ($ bln)	Change ($ bln)
January 2022	119.4	+ 0.4
February	116.7	(2.7)
March	115.5	(1.2)
April	115.7	+ 0.2
May	114.7	(1.0)
June	119.2	+ 4.5
July	121.6	+ 2.4
August	122.1	+ 0.5
September	121.0	(1.1)
October	120.7	(0.3)
November	121.4	+ 0.7
December	119.7	(1.7)
January 2023	111.0	(8.7)
February	111.7	+ 0.7
March	116.2	+ 4.5
April	113.3	(2.9)
May	111.3	(2.0)

*Data was updated as per the latest reading

Japan was the top holder of US Treasuries in May, with a value of nearly $1.09 trillion. China came second, with $846.7 billion, as the following table shows:

US Treasuries Holders – May 2023
Rank	Country	Value ($ bln)
1	Japan	1096.8
2	China	846.7
3	UK	666.6
4	Belgium	335.5
5	Luxembourg	334.0
6	Switzerland	304.4
7	Canada	265.9
8	Cayman Islands	263.3
9	Ireland	245.1
10	Taiwan	239.8
11	India	238.3
12	Brazil	230.0
13	Hong Kong	216.0
14	France	211.6
15	Singapore	202.3
16	Norway	122.0
17	Korea	115.4
18	Saudi Arabia	111.3
Others		1482.4
Total Foreign Holdings		7527.4

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