Saudi banks cut investments in treasury bonds to SAR 429.2 bln in September

05/11/2020 Argaam Special


Saudi banks’ investments in treasury bonds decreased by SAR 91 million month-on-month (MoM) to SAR 429.2 billion in September 2020, new data from the Saudi Arabian Monetary Authority (SAMA) showed.

 

SAMA’s foreign assets saw a decline of SAR 14.2 billion in September to around SAR 1.822 trillion.

 

Saudi Banks Investment in Treasury Bonds (SAR bln)

Month

Value

Variation

January 2019

320.5

+15.3

February

331.4

+10.9

March

336.2

+4.8

April

343.4

 +7.1

May

349.5

+6.1

June

351.9

+2.4

July

358.5

 +6.7

August

365.3

+6.8

September

371.1

+5.8

October

379.1

+8.0

November

380.0

+0.9

December

383.7

+3.7

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

(3.9)

September

429.2

(0.1)

 

 

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