Saudi-held US Treasury bonds rise 3.9% in Oct to reach $121.1bn

by gulftimes


Mon, 2022-12-19 17:59

CAIRO: Saudi Arabia’s holdings of US Treasuries reached $121.1 billion in October, up 3.95 percent from $116.5 billion in the same month last year, according to recent data released by the US Treasury.

The Kingdom’s holdings in long-term bonds in October amounted to $103.1 billion, representing 85 percent of the total, while short-term bonds were worth $17.99 billion, equal to 15 percent of the total. 

Moreover, its holdings increased by $100 million in October compared to the month before.  

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