Saudi banks raise investments in treasury bonds to SAR 400 bln in February

02/04/2020 Argaam Special

Saudi banks’ investments in treasury bonds increased by SAR 13.5 billion year-on-year (YoY) to SAR 400.2 billion in February 2020, new data from the Saudi Arabian Monetary Authority (SAMA) showed.

SAMA’s foreign assets declined by SAR 19.9 billion in February to around SAR 1.893 trillion.

Saudi Banks Investment in Treasury Bonds (SAR bln)

Month

Value

Variation

January 2019

320.5

+15.3

February

331.4

+10.9

March

336.2

+4.8

April

343.4

7.1

May

349.5

+6.1

June

351.9

+2.4

July

358.5

6.7

August

365.3

+6.8

September

371.1

+5.8

October

379.1

+8.0

November

380.0

+0.9

December

383.7

+3.7

January 2020

386.7

+3.0

February

400.2

+13.5

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