Saudi Arabia's holdings of US treasury bonds down 5% in September

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Riyadh - Mubasher: Saudi Arabia's holdings of US treasury bonds decreased by 5.3% to $124.3 billion in September, compared to $131.2 billion in the same month of 2020.

Saudi Arabia has occupied the 17th position among the holders of the US debt instruments, according to the latest data by the US Department of the Treasury.

On a monthly basis, Saudi Arabia has raised its holdings of US treasury bonds by 0.16% in September 2021, compared to $124.1 billion in August.

Globally, Japan has led the holders of US treasury bonds with $1.299 trillion, followed by China with $1.047 trillion and the UK with $566.5 billion.

At the Arab level, Saudi Arabia topped the holders of US treasury bonds, followed by the UAE with $58.1 billion and Kuwait with $46.3 billion.

During the first nine months of 2021, the Kingdom has decreased its investments in the US debt instruments by 8.87%, compared to the end of 2020.

Source: Mubasher

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