Saudi holdings of US Treasuries down to $108.1 bln in June

Saudi Arabia’s holdings of US Treasuries reached $108.1 billion in June 2023, down $3.2 billion month-on-month, new data released by the US Treasury showed.

Thus, the Kingdom's holdings of US Treasures reached their lowest levels since December 2016, when they amounted to SAR 102.8 billion.

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

Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $99.83 billion, representing 92.3% of the total, and short-term bonds worth $8.29 billion, accounting for 7.7%.

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

Saudi Holdings of US Treasuries*
Month	Value ($ bln)	Change ($ bln)
Jan. 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)
Jan. 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)
June	108.1	(3.2)

*Data was updated as per the latest reading

Japan was the top holder of US Treasuries in June, with a value of nearly $1.105 trillion, or 14.6% of total treasuries. China came in second with $835.4 billion, as the following table shows:

US Treasuries Holders – June 2023
Rank	State	Value ($ bln)
1	Japan	1105.6
2	China	835.4
3	UK	672.3
4	Belgium	332.4
5	Luxembourg	331.8
6	Switzerland	305.7
7	Ireland	271.0
8	Canada	271.0
9	Cayman Islands	264.1
10	Taiwan	241.3
11	India	235.4
12	Brazil	227.4
13	France	218.2
14	Hong Kong	198.4
15	Singapore	187.1
16	Norway	126.4
17	South Korea	115.1
18	Saudi Arabia	108.1
Others		1516.3
Total Foreign Holdings		7562.9

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Related News

Most Read

Market Indices

Popular Links

Quick Links

About Us

Join Us

Follow Us