Saudi Arabia’s holdings of US Treasuries reached $135.9 billion in March 2024, up $4.8 billion month-on-month (MoM), new data releasedby the US Treasury showed.
The Kingdommaintained 17th placeamong the largest holdersof US treasury securitiesfor the month.
Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $107.3 billion, representing 79% of the total, and short-term bonds worth $28.6 billion, accounting for 21%.
The table belowshows the developmentin Saudi holdings of US Treasuries:
Saudi Holdings of US Treasuries*
Month
Value
($ bln)
Change
($ bln)
January 2023
111.0
(8.7)
February
111.7
+0.7
March
116.2
+4.5
April
113.3
(2.9)
May
111.3
(2.0)
June
110.7
(0.6)
July
109.2
+1.5
August
112.0
+2.8
September
117.1
+5.1
October
117.5
+0.4
November
128.1
+10.6
December
132.0
+3.9
January2024
133.5
+1.5
February
131.1
(2.5)
March
135.9
+4.8
*Data was updated as per the latest reading
Japan was the top holder of US Treasuries in March, with nearly $1.18 trillion. China came in second with $767.4 billion,as the following table shows:
US Treasury Bonds Holders – March 2024
Rank
Country
Value
($ bln)
1
Japan
1,187.8
2
China
767.4
3
UK
728.1
4
Luxembourg
399.3
5
Canada
359.1
6
Ireland
317.8
7
Belgium
317.1
8
Cayman Islands
302.9
9
France
283.1
10
Switzerland
262.9
11
Taiwan
259.0
12
India
240.6
13
Brazil
227.1
14
Singapore
208.0
15
Hong Kong
202.2
16
Norway
148.7
17
Saudi Arabia
135.9
Others
1,744.8
Total Foreign Holdings
8,091.8
Saudi Arabia’s holdings of US Treasuries reached $135.9 billion in March 2024, up $4.8 billion month-on-month (MoM), new data releasedby the US Treasury showed.
The Kingdommaintained 17th placeamong the largest holdersof US treasury securitiesfor the month.
Saudi Arabia’s holdings of US Treasuries were distributed among long-term bonds worth $107.3 billion, representing 79% of the total, and short-term bonds worth $28.6 billion, accounting for 21%.
The table belowshows the developmentin Saudi holdings of US Treasuries:
Saudi Holdings of US Treasuries*
Month
Value
($ bln)
Change
($ bln)
January 2023
111.0
(8.7)
February
111.7
+0.7
March
116.2
+4.5
April
113.3
(2.9)
May
111.3
(2.0)
June
110.7
(0.6)
July
109.2
+1.5
August
112.0
+2.8
September
117.1
+5.1
October
117.5
+0.4
November
128.1
+10.6
December
132.0
+3.9
January2024
133.5
+1.5
February
131.1
(2.5)
March
135.9
+4.8
*Data was updated as per the latest reading
Japan was the top holder of US Treasuries in March, with nearly $1.18 trillion. China came in second with $767.4 billion,as the following table shows:
US Treasury Bonds Holders – March 2024
Rank
Country
Value
($ bln)
1
Japan
1,187.8
2
China
767.4
3
UK
728.1
4
Luxembourg
399.3
5
Canada
359.1
6
Ireland
317.8
7
Belgium
317.1
8
Cayman Islands
302.9
9
France
283.1
10
Switzerland
262.9
11
Taiwan
259.0
12
India
240.6
13
Brazil
227.1
14
Singapore
208.0
15
Hong Kong
202.2
16
Norway
148.7
17
Saudi Arabia
135.9
Others
1,744.8
Total Foreign Holdings
8,091.8
