Investments in the Gulf countries and the world are witnessing an increase in US bonds

Gulf Cooperation Council countries ’investments in US Treasury bills and bonds increased by 2.85%, on a monthly basis, last July, to $ 214 billion.

The investments of the Gulf Cooperation Council countries in US Treasury bills and bonds amounted to $ 208.1 billion as of last June.

The US Treasury Department data released today, Thursday, showed that Saudi Arabia is the largest holder of US bonds in the Gulf countries, with investments of 124.6 billion dollars until the end of last July, compared to 124.9 billion dollars until the end of last June.

Kuwait ranked second with total investments of $ 47.9 billion, compared to $ 44.9 billion in the previous month, and the UAE ranked third with a total investment of $ 29.5 billion, followed by the Sultanate of Oman with $ 6.1 billion, Qatar $ 4.8 billion, and Bahrain at the top of the list. With $ 1.2 billion.

What the US Treasury announces in its monthly data is the Gulf states ’investments in US Treasury bills and bonds only, and does not include other investments in the United States, whether governmental or private.

Between the ups and downs, the Gulf states' investments in US debt instruments fluctuated during the current year, with the financial pressures they were exposed to as a result of the negative consequences of the outbreak of the Corona virus and the drop in oil prices.

Global investments

Globally, the total value of investments in US Treasury bills and bonds until the end of last July increased by 0.7% to $ 7.087 trillion, compared to 7.039 trillion in the previous month.

According to the Anatolia survey of US Treasury data released Thursday, Japan topped the holders of US bonds by 1.293 trillion dollars last July compared to 1.261 trillion at the end of last June, and in second place China came with 1.073 trillion dollars compared to 1.074 trillion at the end. Last June.

China was the largest investor in US Treasury bonds for years, but Japan overtook it as of June 2019, after a trade war ravaged economic relations between the United States and China.

In third place came the United Kingdom with investments of 424.6 billion dollars compared to 445.6 billion, and in fourth place Ireland with 33.8 billion dollars compared to 330.4 billion on a monthly basis, while Hong Kong came fifth with 267.1 billion dollars compared to 266.4 billion, then Brazil with 265.7 billion dollars in possession. Compared to 264.1 billion.