Saudi banks’ investments in treasury bonds dropped by SAR 3.9 billion to SAR 429.3 billion in August 2020 when compared to the month before, new data from the Saudi Arabian Monetary Authority (SAMA) showed.
This is the first time in around three and half years in which banks cut their investments in treasury bonds; since March 2017 when it decreased by nearly SAR 201.4 million.
SAMA’s foreign assets grew by SAR 25.1 billion in August to around SAR 1.836 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 |
|
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 |
(3.9) |
Comments
{{DisplayName}}
{{ElapsedTime}}