Saudi banks’ investments in treasury bonds increased by SAR 538 million month-on-month to SAR 178.9 billion in February, according to new figures released by the Saudi Arabian Monetary Authority (SAMA), the kingdom’s central bank.
Assets held by SAMA dropped by SAR 28.5 billion in February, hitting a five-year low.
Banks’ investment in treasury bonds (SAR bln) |
||
Month |
Value |
Variation |
January 2016 |
86.7 |
+0.5 |
February |
98.6 |
+11.9 |
March |
120.6 |
+22.0 |
April |
139.9 |
+19.3 |
May |
153.5 |
+13.6 |
June |
156.6 |
+3.1 |
July |
167.3 |
+10.7 |
August |
169.7 |
+2.4 |
September |
173.0 |
+3.3 |
October |
175.7 |
+2.7 |
November |
177.0 |
+1.3 |
December |
178.4 |
+1.4 |
January 2017 |
178.3 |
(0.1) |
February |
178.9 |
+0.6 |
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