Saudi holdings of US debt fell to $144 bln in January

18/03/2018 Argaam Special

 

Saudi Arabia’s holdings of US Treasury bonds declined by $3.8 billion month-on-month in January to $143.6 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 $2.6 billion to $55.1 billion in January, while Kuwait maintained its holdings at $36.8 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*

142.0

+8.8

July

142.5

(0.3)

August

137.9

(4.6)

September

136.7

(1.2)

October

145.2

+8.5

November

147.6

+2.4

December

147.4

(0.2)

January 2018

143.6

(3.8)

* Updated                                                                                                                          

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