Iraq increases its holdings of US bonds by more than one billion and 250 million dollars in a month
Iraq increases its holdings of US bonds by more than one billion and 250 million dollars in a month
2022-11-16 22:09
Shafaq News/ The US Treasury announced, on Thursday, that Iraq increased its holdings of US bonds to more than one billion and 250 million dollars during the month of September.
The treasury stated in its latest schedule, seen by Shafaq News agency, that “Iraq’s possession of US Treasury bonds for the month of September of 2022 increased by 1.275 billion dollars, to reach 36.905 billion, after it was 35.630 billion dollars in the month of August,” indicating that “this Bonds increased by 51.35% over the same month last year 2021, when Iraq’s possession of bonds amounted to $18 billion.
And she added, “Iraqi bonds, including long-term guarantees of $25.346 billion and short-term guarantees of $11.559 billion,” noting that “these bonds represent 0.49% of the world’s bonds.”
In the Arab world, Saudi Arabia comes at the forefront of the countries with the most possession, amounting to 120.997 billion dollars, Kuwait comes second with 49.923 billion dollars, the UAE comes third with 48.259 billion dollars, then Iraq fourth, and Oman fifth with 7.044 billion dollars, then Morocco with 3.739 billion dollars.
She pointed out that “the most holders of US bonds are Japan with 1.120.184 trillion dollars, followed by China with 933.579 billion dollars, followed by the United Kingdom with 663.287 billion dollars, and then comes Belgium with 325.085 billion dollars.”
shafaq.com
