AI Summary
Saudi Arabia’s holdings of US Treasuries reached $142.7 billion in July, up $2.4 billion month-on-month (MoM), marking a four-year high.
The Kingdom maintained its 17th position among the largest holders of US Treasury securities for the month.
Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $111.2 billion, representing 78% of the total, and short-term bonds worth $31.5 billion, accounting for 22%.
The table below shows the development in Saudi holdings of US Treasuries:
|
Saudi Holdings of US Treasuries* |
||
|
Month |
Value ($ bln) |
Change ($ bln) |
|
January 2023 |
111.0 |
(8.7) |
|
February |
111.7 |
+0.7 |
|
March |
116.2 |
+4.5 |
|
April |
113.3 |
(2.9) |
|
May |
111.3 |
(2.0) |
|
June |
110.7 |
(0.6) |
|
July |
109.2 |
+1.5 |
|
August |
112.0 |
+2.8 |
|
September |
117.1 |
+5.1 |
|
October |
117.5 |
+0.4 |
|
November |
128.1 |
+10.6 |
|
December |
132.0 |
+3.9 |
|
January 2024 |
133.5 |
+1.5 |
|
February |
131.1 |
(2.5) |
|
March |
135.9 |
+8.4 |
|
April |
135.4 |
(0.5) |
|
May |
136.3 |
+0.9 |
|
June |
140.3 |
+4.0 |
|
July |
142.7 |
+2.4 |
Japan was the top holder of US Treasuries in July, with nearly $1.11 trillion. China came in second with $776.5 billion, as the following table shows:
|
US Treasury Bonds Holders – July 2024 |
||
|
Rank |
Country |
Value ($ bln) |
|
1 |
Japan |
1,115.7 |
|
2 |
China |
776.5 |
|
3 |
UK |
728.3 |
|
4 |
Luxembourg |
399.9 |
|
5 |
Cayman Islands |
378.1 |
|
6 |
Canada |
377.7 |
|
7 |
Belgium |
315.9 |
|
8 |
Ireland |
312.7 |
|
9 |
France |
290.9 |
|
10 |
Switzerland |
285.4 |
|
11 |
Taiwan |
275.0 |
|
12 |
India |
238.8 |
|
13 |
Singapore |
234.2 |
|
14 |
Hong Kong |
230.5 |
|
15 |
Brazil |
229.1 |
|
16 |
Norway |
158.8 |
|
17 |
Saudi Arabia |
142.7 |
|
Others |
|
1,84.83 |
|
Total Foreign Holdings |
|
8,338.5 |
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