Saudi banks’ investments in treasury bonds increased by about SAR 6.4 billion month-on-month (MoM) to SAR 586.6 billion in November, data from the Saudi Central Bank (SAMA) showed.
Banks’ investments in government bonds represented 75.3% of the total bank dues from the public government and semi-government sectors in the Kingdom at the end of November 2024.
Government bonds include internationally issued government Sukuk and bonds that banks buy from the secondary market.
SAMA’sassetsgrew by SAR 70 billion to reach SAR 1.86 trillion in November.
The table below illustrates the development of Saudi banks’ investments in treasury bonds since the beginning of 2023:
Saudi Banks’ Investments in T-Bonds since 2023 (SAR bln)*
Period
Value
MoM Change
January 2023
511.3
+ 1.0
February
516.0
+ 4.7
March
518.3
+ 2.4
April
519.4
+ 1.1
May
528.3
+ 8.9
June
530.7
+ 2.4
July
533.4
+ 2.7
August
536.3
+ 2.9
September
532.4
(4.0)
October
522.4
(10.0)
November
532.0
+ 9.6
December
540.3
+ 8.3
January 2024
542.5
+ 2.1
February
546.9
+ 4.4
March
550.7
+ 3.9
April
552.2
+ 1.5
May
556.9
+ 4.7
June
555.8
(1.1)
July
561.3
+ 5.5
August
570.2
+ 8.9
September
574.7
+ 4.5
October
580.2
+ 5.5
November
586.6
+ 6.4
Saudi banks’ investments in treasury bonds increased by about SAR 6.4 billion month-on-month (MoM) to SAR 586.6 billion in November, data from the Saudi Central Bank (SAMA) showed.
Banks’ investments in government bonds represented 75.3% of the total bank dues from the public government and semi-government sectors in the Kingdom at the end of November 2024.
Government bonds include internationally issued government Sukuk and bonds that banks buy from the secondary market.
SAMA’sassetsgrew by SAR 70 billion to reach SAR 1.86 trillion in November.
The table below illustrates the development of Saudi banks’ investments in treasury bonds since the beginning of 2023:
Saudi Banks’ Investments in T-Bonds since 2023 (SAR bln)*
Period
Value
MoM Change
January 2023
511.3
+ 1.0
February
516.0
+ 4.7
March
518.3
+ 2.4
April
519.4
+ 1.1
May
528.3
+ 8.9
June
530.7
+ 2.4
July
533.4
+ 2.7
August
536.3
+ 2.9
September
532.4
(4.0)
October
522.4
(10.0)
November
532.0
+ 9.6
December
540.3
+ 8.3
January 2024
542.5
+ 2.1
February
546.9
+ 4.4
March
550.7
+ 3.9
April
552.2
+ 1.5
May
556.9
+ 4.7
June
555.8
(1.1)
July
561.3
+ 5.5
August
570.2
+ 8.9
September
574.7
+ 4.5
October
580.2
+ 5.5
November
586.6
+ 6.4
