Saudi banks’ investments in treasury bonds rose by about SAR 30 billion year-on-year (YoY) to SAR 540.3 billion in 2023, new data from the Saudi Central Bank (SAMA) showed.
Thus, banks’ investments in treasury bonds continued to soar YoY for the eleventh successive year, as shown in the table below:
|
Saudi Banks’ Investments in Treasury Bonds (SAR bln) |
||
|
Period |
Value |
Change MoM |
|
2010 |
61.9 |
(13.8) |
|
2011 |
47.7 |
(14.2) |
|
2012 |
42.6 |
(5.1) |
|
2013 |
49.8 |
+7.1 |
|
2014 |
53.3 |
+3.5 |
|
2015 |
86.2 |
+32.9 |
|
2016 |
178.4 |
+92.3 |
|
2017 |
254.5 |
+76.1 |
|
2018 |
305.2 |
+50.6 |
|
2019 |
383.7 |
+78.5 |
|
2020 |
438.4 |
+54.7 |
|
2021 |
480.7 |
+42.4 |
|
2022 |
510.3 |
+29.6 |
|
2023 |
540.3 |
+30.0 |
Saudi banks’ investments in treasury bonds were on the rise for most months last year, topped with November 2023 with roughly SAR 9.6 billion.
|
Saudi Banks’ T-Bonds Investments in 2023 (SAR bln) |
||
|
Period |
Value |
Change MoM |
|
January |
511.3 |
+1.0 |
|
February |
516.0 |
+4.7 |
|
March |
518.3 |
+2.4 |
|
April |
519.4 |
+1.1 |
|
May |
528.3 |
+8.9 |
|
June |
530.7 |
+2.4 |
|
July |
533.4 |
+2.7 |
|
August |
536.3 |
+2.9 |
|
September |
532.4 |
(3.9) |
|
October |
522.4 |
(10.0) |
|
November |
532.0 |
+9.6 |
|
December |
540.3 |
+8.3 |
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