Saudi holdings of US Treasuries drop by $9 bln in January

17/03/2019 Argaam Special

 

Saudi Arabia’s holdings of US Treasuries stood at $162.6 billion in January 2019, a drop of $9 billion month-on-month, data showed.

 

The Kingdom was in 12th place among the largest holders of US debt in January, down one rank from the previous month.

 

Meanwhile, the United Arab Emirates (UAE) decreased its holding by $800 million to $56 billion in the same period.

 

Saudi holdings of US treasury bonds

Month

Value (US$ bln)

Variation

January 2017

142.5

+ 9.5

February

137.9

+ 4.4

March

136.7

+ 7.8

April

145.2

+ 2.3

May

147.6

+ 7.2

June

147.4

+ 8.8

July

143.7

(0.3)

August

150.9

(4.6)

September

151.2

(1.2)

October

159.9

+8.5

November

162.2

+ 2.4

December

164.3

(0.2)

January 2018

166.8

(3.8)

February

169.5

+ 7.3

March

176.1

+ 0.3

April

171.3

+ 8.7

May

169.9

+ 2.3

June

171.6

+2.1

July

162.6

+2.5

August

112.3

+2.7

September

116.7

+6.6

October

124.5

(4.8)

November

126.8

(1.4)

December

134.0

+1.7

January 2019

142.0

(9)

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