Saudi Arabia maintained its first Arab rank in possessing US Treasury bonds for the first half of 2020 and the 16th globally, and its total investments in those bonds by the end of June reached 124.9 billion dollars (437.1 billion riyals) and increased its investments for the second time on a monthly basis during the year, in light of the reduction of world countries from their possession of those Bonds through 2020.June investments
The Kingdom’s investments in US Treasury bonds decreased during the month of June 2020 year on year, but increased slightly compared to the previous month. It achieved the second increase during the first half, after it rose in February to $ 184.4 billion, compared to $ 182.9 billion in January 2020.
On a monthly basis, Saudi Arabia increased its investments in US bonds by 1.1%, equivalent to 1.4 billion dollars from the previous month (May), which by its end amounted to 123.5 billion dollars. The Kingdom’s investments in US Treasury bonds amounted to $ 124.9 billion at the end of last June.
The kingdom’s possession of bonds fell, according to US Treasury Department data, by 30.46% last June, down by $ 54.7 billion compared to the same month of 2019. The Kingdom’s investments amounted to $ 124.9 billion at the end of June 2020, compared with $ 179.6 billion in the same month of 2019. last year.
The Kingdom ranked 16th in the world in the list of the largest investors in US bonds, which was topped by Japan with a value of $ 1261.3 billion ($ 1.261 trillion), followed by China with a value of $ 1074.4 billion ($ 1.074 trillion).
Saudi Arabia ranked first in the Arab world at the level of investments in US bonds, followed by Kuwait with a value of 44.9 billion dollars, and Iraq third with a value of 31.6 billion dollars.
Total investments in US Treasury bonds increased by 6.2% in June 2020 year-on-year, with an increase of $ 413 billion. The total balance of US Treasury bonds reached $ 7,038.9 billion ($ 7.039 trillion), compared to $ 6,625.9 billion ($ 6.626 trillion) in June 2019.
Kingdom’s possession of bonds within two years
First half 2019 $ 1036.1 billion
First half 2020 $ 900.1 billion
Investments during the current year
January $ 182.9 billion
February $ 184.4 billion
March $ 159.1 billion
April $ 125.3 billion
May $ 123.5 billion
June 124.9 billion