To more than 900 million dollars .. Iraq raises its holdings of US bonds

To more than 900 million dollars .. Iraq raises its holdings of US bonds

2022-03-20 23:49

To more than 900 million dollars .. Iraq raises its holdings of US bondsShafaq News/ The US Treasury announced, on Sunday, that Iraq’s possession of US bonds increased to more than 900 million dollars during the month of January.

And the treasury said in its latest schedule, seen by Shafak News Agency, that “Iraq’s possession of US Treasury bonds for the month of January of 2022 increased by 923 million dollars, or 5.95%, to reach 23.425 billion dollars, after it was 22.502 billion dollars last December.” She explained that “these bonds also rose from the same month last year 2021, when Iraq’s possession of bonds amounted to 14.5 billion dollars.”

She added that “Iraqi bonds, including long-term guarantees amounting to 9.710 billion dollars and short-term guarantees amounting to 13.715 billion dollars,” noting that these bonds represent 0.3% of the world’s bonds.

In the Arab world, Saudi Arabia is at the forefront of the most possessing countries, raising its holdings to reach 119,402 billion dollars, Kuwait comes second with 50,578 billion dollars, the UAE comes third with 44,788, then Iraq is fourth, Oman is fifth, with 5.297 billion dollars, then Morocco is 3.733 billion dollars.

And the US Treasury indicated that “the most holder of US bonds is Japan, with an amount of 1,303,062 trillion dollars, followed by China with a value of 1,060,144 trillion dollars, followed by the United Kingdom, with a rate of 608,811 billion dollars, and then Luxembourg with 310,793 billion dollars.”

shafaq.com