Saudi banks’ investments in treasury bonds increased by about SAR 51.6 billion year-on-year (YoY) to SAR 591.9 billion in 2024, data from the Saudi Central Bank (SAMA) showed.
Banks’ investments in treasury bonds rose annually for the 12th straight year.
Government bonds made up 74% of banks’ total claims on the public and quasi-public sectors in Saudi Arabia during 2024.
These holdings include domestically issued bonds and international sovereign sukuk and bonds bought in the secondary market.
The table below illustrates the development of Saudi banks’ investments in treasury bonds:
Saudi Banks’ Investments in Treasury Bonds (SAR bln)
Period
Value
Change MoM
2010
61.9
(13.8)
2011
47.7
(14.2)
2012
42.6
(5.1)
2013
49.8
+7.1
2014
53.3
+3.5
2015
86.2
+32.9
2016
178.4
+92.3
2017
254.5
+76.1
2018
305.2
+50.6
2019
383.7
+78.5
2020
438.4
+54.7
2021
480.8
+42.4
2022
510.3
+29.5
2023
540.3
+30.0
2024
591.9
+51.6
Saudi banks’ investments in treasury bonds were on the rise for most months last year except in June. August topped the gainers with an increase of SAR 8.9 billion.
Saudi Banks’ T-Bonds Investments in 2024 (SAR bln)
Period
Value
Change MoM
January
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
December
591.9
+5.3
Saudi banks’ investments in treasury bonds increased by about SAR 51.6 billion year-on-year (YoY) to SAR 591.9 billion in 2024, data from the Saudi Central Bank (SAMA) showed.
Banks’ investments in treasury bonds rose annually for the 12th straight year.
Government bonds made up 74% of banks’ total claims on the public and quasi-public sectors in Saudi Arabia during 2024.
These holdings include domestically issued bonds and international sovereign sukuk and bonds bought in the secondary market.
The table below illustrates the development of Saudi banks’ investments in treasury bonds:
Saudi Banks’ Investments in Treasury Bonds (SAR bln)
Period
Value
Change MoM
2010
61.9
(13.8)
2011
47.7
(14.2)
2012
42.6
(5.1)
2013
49.8
+7.1
2014
53.3
+3.5
2015
86.2
+32.9
2016
178.4
+92.3
2017
254.5
+76.1
2018
305.2
+50.6
2019
383.7
+78.5
2020
438.4
+54.7
2021
480.8
+42.4
2022
510.3
+29.5
2023
540.3
+30.0
2024
591.9
+51.6
Saudi banks’ investments in treasury bonds were on the rise for most months last year except in June. August topped the gainers with an increase of SAR 8.9 billion.
Saudi Banks’ T-Bonds Investments in 2024 (SAR bln)
Period
Value
Change MoM
January
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
December
591.9
+5.3
