Saudi banks raise treasury bond holdings by SAR 7 bln in July

02/09/2019 Argaam Special

 

Saudi banks’ investments in treasury bonds increased by SAR 6.6 billion month-on-month to SAR 358.5 billion in July 2019, new data from the Saudi Arabian Monetary Authority (SAMA) showed.

 

SAMA’s foreign assets decreased by SAR 29.5 billion for the month to around SAR 1.93 trillion.

 

Saudi Banks Investment In Treasury Bonds (SAR bln*)

Month

Value

Variation

January 2018

262.4

+7.9

February

269.6

+ 7.2

March

273.9

+ 4.3

April

279.1

+ 5.2

May

281.9

+ 2.8

June

284.5

+ 2.6

July

286.6

+ 2.1

August

290.8

+ 4.2

September

296.8

+ 6.0

October

301.3

+4.5

November

303.4

+2.1

December

305.2

+1.8

January 2019

320.5

+15.3

February

331.4

+10.9

March

336.2

+4.8

April

343.4

+7.2

May

349.6

+6.2

June

351.9

+2.3

July

358.5

+6.6

* Value updated for all months

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