Saudi banks raise investments in treasury bonds to SAR 440 bln in 2020

01/02/2021 Argaam Special


Saudi banks’ investments in treasury bonds increased by SAR 56.3 billion year-on-year (YoY) to SAR 440.02 billion in the fiscal year 2020, new data from the Saudi Central Bank (SAMA) showed.

 

Similarly, banks’ investments in treasury bonds rose by around SAR 10 billion in December 2020, compared to a month earlier.

 

SAMA’s foreign assets declined by SAR 11.8 billion in December 2020 to around SAR 1.8468 trillion.

 

Saudi Banks Investment in Treasury Bonds in 2020 (SAR bln)

Month

Value

Variation

January

386.7

+ 3.0

February

400.2

+ 13.5

March

408.1

+ 7.9

April

413.1

+ 5.0

May

420.1

+ 7.0

June

428.2

+ 8.1

July

433.3

+ 5.1

August

429.3

(4.0)

September

429.2

(0.1)

October

431.6

+ 2.4

November

430.0

(1.6)

December

440.0

+ 10.0

 

 

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