By more than 60%.. Iraq’s holdings of US bonds decreased
By more than 60%.. Iraq’s holdings of US bonds decreased
2021-12-15 07:33
Shafaq News/ The US Treasury Department reported that Iraq’s possession of US bonds decreased by more than 60 percent in ten years to reach $17.954 billion during last September.
The Treasury said in a table seen by Shafak News Agency that Iraq’s possession of bonds decreased during ten years by 61.34%, indicating that “Iraq bought US bonds in 2012 at an annual rate of 46.316 billion dollars, to decrease in 2013 to an average of 42.1 billion dollars.” Annually, it amounted to an average of $28.2 billion in 2014.
And she added, “The bonds purchased by Iraq for the year 2015 amounted to an annual rate of 25.6 billion dollars, to become these bonds in 2016 as an annual rate of 15.3 billion dollars, to rise slightly in 2017 as an annual rate to 16.6 billion dollars.”
And she continued by saying, “The annual rate of bonds purchased by Iraq for the year 2018 amounted to 27 billion dollars, and in 2019 it reached an annual rate of 34 billion dollars.”
She pointed out that the annual rate of purchased bonds for the year 2020 amounted to 24.7 billion dollars, and to reach 17.954 billion dollars as an average during the nine months of the current year 2021.
shafaq.com
