Saudi holdings of US Treasuries down to $115 bln in November 2021

19/01/2022 Argaam Special

 


Saudi Arabia’s holdings of US Treasuries reached $115 billion in November 2021, down $1.5 billion month-on-month, new data released by the US Treasury showed.

 

The figure is considered the lowest in five years, or since January 2017, when it reached SAR 112.3 billion.

 

The Kingdom maintained its ranking at the 17th place among the largest holders of US debt in November last year.

 

Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $98.2 billion, representing 85% of the total, and short-term bonds worth $16.8 billion, accounting for 15%.

 

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 

127.6

+0.3 

July

128.1

+0.5

August

124.1

(4.0)

September

124.3

+0.2

October

116.5

(7.8) 

November

115.0

(1.5)

 

 

Japan was the top holder of US Treasury bonds in November with a value of $1.34 trillion, followed by China with a value of $1.08 trillion, as the following table shows:

 

US Treasury Bonds Holders – November

 

Country

Value ($ bln)

1

Japan

1,340.6

2

China

1,080.8

3

United Kingdom

621.6

4

Luxembourg

334.4

5

Ireland

331.3

6

Switzerland

292.4

7

Cayman Islands

265.8

8

Brazil

248.8

9

Taiwan

248.4

10

Hong Kong

235.0

11

France

228.2

12

Belgium

224.9

13

India

205.2

14

Canada

197.4

15

Singapore

190.2

16

Korea

133.4

17

Saudi Arabia

115.0

Others

 

1,454.7

Total held by Foreigners

 

7,748.1

 

 

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