Iraq is regressing among the largest holders of US Treasury bonds

Iraq is regressing among the largest holders of US Treasury bonds

2023-04-23 00:53

Iraq is regressing among the largest holders of US Treasury bondsShafaq News/ The US Treasury announced, on Sunday, that Iraq is one of the largest foreign holders of US Treasury bonds.

The treasury said in its latest table seen by Shafaq News agency, “Iraq fell one rank after Iraq reduced its holdings of bonds during last February, to reach the 30th rank among the 38 countries with the largest possession of US treasury bonds. It has more than 32 billion dollars.

And she added, “Iraq’s possession of these bonds amounted to $40.7 billion for the month of February, down by 1.21 percent from last January, which Iraq’s possession of bonds amounted to $41.2 billion, and an increase of 68.88 percent from February 2022.”

The treasury indicated that “Iraq came as the third largest Arab country after Saudi Arabia and the UAE, while the two countries came on top of the countries with the largest possession of these bonds with 1 trillion and 81 billion dollars, followed by China second with 898 billion dollars, and the United Kingdom third with 643 billion dollars, and Belgium.” Fourthly, with 331 billion dollars, and Luxembourg, fifth, with 327 billion dollars.

shafaq.com