Iraq raises its investments in US bonds to 32.7 billion dollars in October

Iraq raises its investments in US bonds to 32.7 billion dollars in October

December 17, 2019 2:10 PM

Iraq raises its investments in US bonds to 32.7 billion dollars in OctoberDirect: Iraq raised investments in US Treasury bonds during October 2019 by 5.1 percent year on year, an increase of $ 1.6 billion.

According to the monthly US Treasury data, the value of Iraq’s investments amounted to $ 32.7 billion at the end of last October, compared to $ 31.1 billion in the same month in 2018.

During last October, Iraq returned to raise its holdings of US bonds, compared to its value of $ 32.5 billion in the previous month (September).

And Iraq’s investments in US bonds fell 5.5 percent compared to its possession at the end of 2018, which amounted to 34.6 billion dollars.

Iraq came fourth on the level of Arab countries in the list of American bond owners; after Saudi Arabia ranked first in the Arab world with a value of 178.9 billion dollars, Kuwait again with 43.8 billion dollars, then the United Arab Emirates with investments of 38.4 billion dollars.

Japan ranked first in US Treasury bond investments with $ 1168 billion, followed by China with $ 1101.6 billion, then the United Kingdom with $ 334.1 billion.

mubasher.info