AI Summary
Saudi banks’ investments in treasury bonds increased by about SAR 5.9 billion month-on-month (MoM) to SAR 622.9 billion in May, new data from the Saudi Central Bank (SAMA) showed.
Government bonds made up 74% of banks' total claims on the public and quasi-public sectors in Saudi Arabia by the end of May.
Government bonds include internationally issued government sukuk and bonds that banks buy from the secondary market.
Meanwhile, SAMA’s assets rose by SAR 81.1 billion to nearly SAR 2 trillion in May.
The table below breaks down Saudi banks' investments in treasury bonds since the beginning of 2024:
|
Saudi Banks’ Investments in T-Bonds since 2024 (SAR bln)* |
||
|
Period |
Value |
Change MoM |
|
January 2024 |
542.5 |
+2.1 |
|
February |
546.9 |
+4.4 |
|
March |
550.7 |
+3.9 |
|
April |
552.2 |
+1.5 |
|
May |
556.9 |
+4.7 |
|
June |
555.8 |
(1.1) |
|
July |
561.3 |
+5.5 |
|
August |
570.2 |
+8.9 |
|
September |
574.7 |
+4.5 |
|
October |
580.2 |
+5.5 |
|
November |
586.6 |
+6.4 |
|
December |
591.9 |
+5.3 |
|
January 2025 |
599.0 |
+7.1 |
|
February |
606.5 |
+7.5 |
|
March |
612.6 |
+6.1 |
|
April |
617.0 |
+4.5 |
|
May |
622.9 |
+5.9 |
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