• Saudi Arabia raises its US bond investment to $ 167 billion in February


    Saudi investments in US Treasury bills and bonds rose to 167 billion dollars (626.3 billion riyals) by the end of February, compared to 162.6 billion dollars at the end of January of the same year by 2.7 per cent to $ 4.4 billion.

    According to the analysis of the report unit in the newspaper "AlEqtisadiah" that based on US Treasury data, Saudi Arabia's Treasuries rose by the end of February 2019 on an annualized basis by 10.7 per cent, equivalent to $ 16.1 billion, compared to the end of February 2018 of 150.9 billion dollars.


    At the end of February 2019, Saudi Arabia ranked 11th among the largest investors in US Treasuries, after all of China, Japan, Brazil, United Kingdom, Ireland, Luxembourg, Switzerland, Cayman Islands, Hong Kong, Belgium.

    Saudi investments are in treasury bonds only, which do not include other investments in securities, assets and cash in US dollars.

    Saudi Arabia's stock of US Treasuries rose last year by 16.4 per cent to $ 24.2 billion, compared with the end of 2017, which is amounting to 147.4 billion dollars.


    Saudi purchases of US bonds accounted for 45 percent of the world's total purchases of $ 53.9 billion in 2018, as world investments in US bonds rose to $ 6.265 trillion by the end of 2018, compared with 6.211 trillion dollars at the end of 2017.

    This came as US short-term Treasury yields that rose last year to their highest level since the global financial crisis in 2008.

     The yield on long-term bonds also rose to the highest level in several years.

    Last year saw a steady upturn in US bond yields as the Federal Reserve raised rates four times.​

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