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Mubasher – Mr Jamal: The Kingdom of Saudi Arabia was at the forefront of the top 10 Arab countries investing in US bonds at the end of January 2021.
The Kingdom tops the list among Arab countries with its possession of US bonds totaling $ 135.1 billion, followed by Kuwait with its investments worth $ 45.3 billion and the United Arab Emirates with his possession of $ 33.8 billion in bonds.
The 10 largest Arab countries held more than $ 250 billion in U.S. bonds, accounting for 3.5% of the total value of U.S. bonds at the end of January 2021, which stood at $ 7,119.6 billion ( $ 7.119 trillion).
The following infographic shows the top 10 Arab countries investing in US bonds and the top global list:
U.S. Treasuries are a way to collect money and debts from countries and institutions, and the government will pay them off on their due date, which varies depending on the length of the bond.
US bonds are attractive. Due to the low level of risk of non-payment, which explains the low return on it (interest), although the US Federal Reserve (the central bank) has implemented an interest rate hike plan since some time.
Prepared by: Hussein Mustafa
Appointments:
Foreign holdings of US bonds increase for second month
Saudi Arabia reduced holdings of US Treasury bonds by $ 47.8 billion in January
$ 45.3 billion in possession of US Treasury bonds in Kuwait
Gulf countries reduce holdings of US bonds by 16.5% by end of 2020
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