Malik Salameh – directThe UAE’s holdings of US Treasury bonds decreased during the month of February 2023 by 0.61 percent on a monthly basis.
The UAE’s holdings of bonds last February amounted to about $64.5 billion, compared to $64.9 billion in the previous month, according to the monthly report of the US Treasury Department.
On an annual basis, the UAE’s holdings of bonds increased by 18 billion dirhams, reaching $64.5 billion during the month of February, compared to $46.5 billion during February of last year.
At the level of Arab countries, the Kingdom of Saudi Arabia ranked first, and its holdings of US bonds decreased to $111.7 billion at the end of February 2023, compared to $116.7 billion at the end of the same month of 2022.
The Kingdom’s possession of US bonds increased during the month of February 2023, to rise by $700 million from its value in January 2023, which reached $111 billion at the end.
The State of Kuwait’s possession of US Treasury bonds decreased during the month of February 2023 by 9.7 percent on a monthly basis.
Kuwait’s possession of bonds last February amounted to $39.1 billion, compared to $43.3 billion in the previous January.
Annually, Kuwait’s holdings of US Treasury bonds declined by about 22.7%, knowing that in February 2021 it amounted to about $50.6 billion.
Globally, Japan came in first place, acquiring US Treasury bonds at a value of $1.81 trillion, compared to the previous month of $1.104 trillion, with a decline of 2.08 percent.
China followed, with $848.8 billion.
And in third place was the share of the United Kingdom, with $ 643 billion.
The value of US Treasury bond issues amounted to $7,343.6 billion ($7.343 trillion) at the end of last February, compared to $7,703.6 billion ($7.703 trillion) at the end of the same month in 2022, noting that it was $7402.5 billion ($7.402 trillion). At the end of January 2023.
