Thndr Claps » Saudi Claps » Economy 🏙 » Saudi investments in US Treasury bonds are rising ⬆️
The ClapSaudi’s investments in US Treasury bills and bonds increased last October to $121.1bn (SAR 454.1bn), compared to $121bn (SAR 453.8bn) at the end of September.
WhatKSA’s invested $103.1bn in long-term US Treasury bonds, which represents 85% of the total, while $18bn was invested in US T-bills, which constitutes 15% of the total investments.
So WhatSaudi Arabia is the 16th largest holder of US bonds in October.
Now WhatKSA’s balance of US Treasury bonds and bills increased by 3.9% YoY at the end of last October, compared to October 2021.
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