Saudi holdings of US Treasuries rose by nearly $3 bln in August

17/10/2018 Argaam Special

 

Saudi Arabia’s holdings of US Treasuries stood at $169.5 billion in August, a rise of $2.7 billion month-on-month, new data released by the US Treasury showed.

 

At the highest level since July 2015, the Kingdom maintained its 10th place among the largest holders of US debt in August 2018.

 

Meanwhile, the United Arab Emirates (UAE) decreased its holding by around $700 million to $59 billion in the same period.

 

Saudi holdings of US treasury bonds

Month

Value (US$ bln)

Variation

July 2016

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)

February

150.9

+ 7.3

March

151.2

+ 0.3

April

159.9

+ 8.7

May

162.1

+ 2.2

June

164.9

+2.8

July

166.8

+1.9

August

169.5

+2.7

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.