Saudi banks cut investments in treasury bonds to SAR 438.2 bln in February

30/03/2021 Argaam Special

Saudi banks’ investments in treasury bonds decreased by SAR 8.2 billion month-on-month (MoM) to SAR 438.2 billion in February 2021, new data from the Saudi Central Bank (SAMA) showed.

 

SAMA’s foreign assets saw a decline of SAR 17.1 billion in February to around SAR 1.8341 trillion.

 

Saudi Banks Investment in Treasury Bonds (SAR bln)

Month

Value

Variation

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

(4.0)

September

429.2

(0.1)

October

431.6

+2.4

November

430.0

(1.6)

December

438.4

+8.4

January 2021

446.4

+8.0

February

438.2

(8.2)

 

 

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