Saudi holdings of US Treasuries up by $2 bln in May

17/07/2019 Argaam Special

 

Saudi Arabia’s holdings of US Treasuries reached $179 billion in May, up by $2.4 billion month-on-month, new data released by the US Treasury showed.

 

The Kingdom remained at the 11th place among the largest holders of US debt in May, for the fourth month in a row.

 

The United Arab Emirates (UAE) cut its holding by around $2.5 billion to $53.2 billion in the same period.

 

Saudi Holdings of US Treasury Bonds

Month

Value (US$ bln)

Variation

January 2017

112.3

+ 9.5

February

116.7

+ 4.4

March

124.5

+ 7.8

April

126.8

+ 2.3

May

134.0

+ 7.2

June

142.0

+ 8.8

July

142.5

(0.3)

August

137.9

(4.6)

September

136.7

(1.2)

October

145.2

+8.5

November

147.6

+ 2.4

December

147.4

(0.2)

January 2018

143.7

(3.8)

February

150.9

+ 7.3

March

151.2

+ 0.3

April

159.9

+ 8.7

May

162.2

+2.3

June

164.3

+2.1

July

166.8

+2.5

August

169.5

+2.7

September

176.1

+6.6

October

171.3

(4.8)

November

169.9

(1.4)

December

171.6

+1.7

January 2019

162.6

(9)

February

167.0

+4.4

March

170.0

+3

April

176.6

+6.6

May

179.0

+2.4

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