Saudi Arabia’s holdings of US Treasuries grew for the sixth consecutive month to $114.4 billion, up by $600 million at the end of March, new data released by the US Treasury showed.
The kingdom ranked as the12th largest holder of US debt in March. Japan and China topped the list with $1.11 trillion and $1.05 trillion, respectively.
Meanwhile, the United Arab Emirates (UAE) raised its holding by $800 million to $60.7 billion in the same month.
|
Saudi Holdings of US Treasuries |
||
|
Month |
Value (USD bln) |
Change |
|
July 2015 |
110.1 |
+0.6 |
|
August |
112.8 |
+2.7 |
|
September |
112.3 |
(0.5) |
|
October |
113.0 |
+0.7 |
|
November |
114.7 |
+1.7 |
|
December |
118.9 |
+4.2 |
|
January 2016 |
123.6 |
+4.7 |
|
February |
119.8 |
(3.8) |
|
March |
116.8 |
(3.0) |
|
April |
113.0 |
(3.8) |
|
May |
103.7 |
(9.3) |
|
June |
98.3 |
(5.4) |
|
July |
96.5 |
(1.8) |
|
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 |
113.8 |
+ 1.5 |
|
March |
114.4 |
+ 0.6 |
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