AI Summary
Saudi Arabia’s holdings of US Treasury bonds rose by $44.6 billion to $147.4 billion by the end of 2017 compared to $102.8 billion at the end of 2016.
In December, Saudi holdings of US debt fell $ 0.2 billion month-on-month. The Kingdom is currently the 11th largest holder of US debt.
Elsewhere in the GCC, the United Arab Emirates’ holdings of US debt declined by around $0.5 billion to $57.7 billion in December, while Kuwait’s holdings remained unchanged at $36.8 billion.
|
Saudi Holdings of US Treasuries |
||
|
Month |
Value (USD bln) |
Change |
|
January 2016 |
123.6 |
+4.7 |
|
February |
119.8 |
(3.8) |
|
March |
116.8 |
(3.0) |
|
April |
113.0 |
(3.8) |
|
May |
103.7 |
(9.3) |
|
June |
98.2 |
(5.5) |
|
July |
96.5 |
(1.7) |
|
August |
93.0 |
(3.5) |
|
September |
89.4 |
(3.6) |
|
October |
96.7 |
+7.3 |
|
November |
100.1 |
+3.4 |
|
December |
102.8 |
+2.7 |
|
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 |
142.8 |
+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) |
*Updated data
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