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 Saudi Arabia buys US bonds B37.4 billion permissions

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Join date : 2015-02-19

PostSubject: Saudi Arabia buys US bonds B37.4 billion permissions   Sat Jun 17, 2017 8:09 pm

Saudi Arabia buys US bonds B37.4 billion permissions

17-06-2017 03:22 PM

Euphrates -
Saudi Arabia bought US bonds and treasury bills worth $ 2.3 billion during the month of April.

Saudi Arabia raised its total US bond with the permissions to $ 126.8 billion, an increase of 1.8% from their levels in March before, amounting to 124.5 billion dollars, according to the economic newspaper reported.

The lifting of the Saudi balance in US bills and bonds for the seventh consecutive month, with the balance of $ 89.4 billion by the end of September 2016, and then rose to $ 96.7 billion by the end of October.

It rose Saudi Arabia balance to 100.1 billion dollars by the end of November, and recently increased to $ 102.8 billion by the end of December, and to 112.3 by the end of January 2017, and finally to $ 113.8 billion, and to 124.5 billion dollars in March, and finally to $ 126.8 billion in April.

The analysis showed that the balance of Saudi Arabia in April was the highest since the US Treasury Department began to announce the detailed data, in March 2016. The jump came after Saudi Arabia bought $ 37.4 billion of US bonds last seven months.

And Saudi investment in treasury bonds only, and does not include other Saudi investments in securities and assets and cash dollar in the United States. Saudi Arabia increased the balance of the bonds and the US Treasury, on an annual basis, by the end of January, by 2.1%, the value of $ 2.4 billion, compared to the end of March Prusidha 2016 of $ 116.8 billion.

It is noteworthy that , according to the US Treasury Department data, Saudi Arabia comes on top of the Gulf states invested in bills and bonds, while the UAE dissolved second, followed by Kuwait.

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