Saudi Arabia owns $136.7 bln of US debt

18/11/2017 Argaam Special

 

Saudi Arabia’s holdings of US Treasury bonds declined for the third consecutive month, this time by $1.2 billion month-on-month in September to $136.7 billion.

 

The Kingdom is currently the 12th largest holder of US debt.

 

Elsewhere in the GCC, the United Arab Emirates’ holdings of US debt also declined by around $1.6 billion to $54.3 billion in September, while Kuwait raised its holdings by about $2.4 billion to $38 billion.

 

Saudi Holdings of US Treasuries

Month

Value (USD bln)

Change

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

98.2

(5.5)

July

96.5

(1.7)

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

116.7

+4.4

March

124.5

+7.8

April

126.8

+2.3

May

134.0

+7.2

June

142.8

+8.8

July

142.5

(0.3)

August

137.9

(4.6)

September

136.7

(1.2)

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