AI Summary
Saudi Arabia’s holdings of US Treasuries fell for the sixth straight month to $96.5 billion by the end of July, a 12.4 percent drop compared to the same month last year, new data released by the US Treasury showed.
The kingdom’s US Treasury holdings for July dropped 1.8 percent month-on-month.
Saudi Arabia ranked as the 15th largest holder of US debt in July, for the second month in a row. China and Japan topped the list with $1.2 trillion and $1.15 trillion, respectively.
The kingdom’s holdings of Treasuries peaked at $123.6 billion in January.
|
Top 15 Foreign Holders of US Treasuries (July 2016) |
||
|
Ranking |
Country |
Amount (USD bln) |
|
1 |
China |
1218.8 |
|
2 |
Japan |
1154.6 |
|
3 |
Ireland |
269.6 |
|
4 |
Cayman Islands |
264.3 |
|
5 |
Brazil |
254.1 |
|
6 |
Switzerland |
240.8 |
|
7 |
Luxembourg |
223.5 |
|
8 |
UK |
209.9 |
|
9 |
Taiwan |
192.1 |
|
10 |
Hong Kong |
189.6 |
|
11 |
Belgium |
154.4 |
|
12 |
India |
123.7 |
|
13 |
Singapore |
103.4 |
|
14 |
Germany |
96.8 |
|
15 |
Saudi Arabia |
96.5 |
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