AI Summary
Saudi Arabia’s holdings of US Treasuries reached $124.1 billion in August, down $4 billion month-on-month, new data released by the US Treasury showed.
The value of Saudi holdings of US Treasuries in August is the lowest since May 2020, when it stood at $123.5 billion.
The Kingdom’s ranking fell to the 17th place among the largest holders of US debt in August.
Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $101.6 billion, representing 82% of the total, and short-term bonds worth $22.47 billion, accounting for 18%.
The following table indicates Saudi Arabia’s holdings of US treasuries since 2020:
|
Saudi Holdings of US Treasury Bonds |
||
|
Month |
Value ($ bln) |
Variation ($ bln) |
|
January 2020 |
182.9 |
+3.1 |
|
February |
184.4 |
+1.6 |
|
March |
159.1 |
(25.3) |
|
April |
125.3 |
(33.8) |
|
May |
123.5 |
(1.8) |
|
June |
124.9 |
+1.4 |
|
July |
124.6 |
(0.3) |
|
August |
130.0 |
+5.4 |
|
September |
131.2 |
+1.2 |
|
October |
134.2 |
+3.0 |
|
November |
137.6 |
+3.4 |
|
December |
136.4 |
(1.2) |
|
January 2021 |
135.1 |
(1.3) |
|
February |
132.9 |
(2.2) |
|
March |
130.8 |
(2.1) |
|
April |
130.3 |
(0.5) |
|
May |
127.3 |
(3.0) |
|
June |
127.8 |
+0.5 |
|
July |
128.1 |
+0.3 |
|
August |
124.1 |
(4.0) |
Japan was the top holder of US Treasury bonds in August with a value of $1.3198 trillion, followed by China and the United Kingdom with a value of $1.047 trillion and $569 billion, respectively, as the following table shows:
|
US Treasury Bonds Holders – August |
||
|
|
Country |
Value ($ bln) |
|
1 |
Japan |
1,319.8 |
|
2 |
China |
1,047.0 |
|
3 |
United Kingdom |
569.0 |
|
4 |
Ireland |
326.1 |
|
5 |
Switzerland |
294.7 |
|
6 |
Luxembourg |
293.9 |
|
7 |
Cayman Islands |
249.1 |
|
8 |
Brazil |
249.0 |
|
9 |
France |
238.6 |
|
10 |
Taiwan |
237.2 |
|
11 |
Belgium |
227.7 |
|
12 |
Hong Kong |
219.4 |
|
13 |
India |
217.0 |
|
14 |
Singapore |
191.5 |
|
15 |
Canada |
169.2 |
|
16 |
Korea |
129.0 |
|
17 |
Saudi Arabia |
124.1 |
|
18 |
Norway |
120.5 |
|
Others |
|
1,333.0 |
|
Total held by Foreigners |
|
7,555.80 |
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