Iraq raises its holdings of US bonds by more than 600 million dollars
Iraq raises its holdings of US bonds by more than 600 million dollars
2022-04-18 08:07
Shafaq News/ The US Treasury announced today, Monday, that Iraq’s possession of US bonds increased by more than 600 million dollars, to reach more than 24 billion dollars during the month of February.
The Treasury said in its latest table, seen by Shafak News Agency, that “Iraq’s possession of US Treasury bonds for the month of February of 2022 increased by 661 million dollars, or 2.82%, to reach 24.086 billion dollars, after it was 23.086 billion dollars in December. The second last,” noting that “these bonds also rose from the same month of last year 2021, when Iraq’s possession of bonds amounted to 16.2 billion dollars.”
She added that “Iraqi bonds, including long-term guarantees amounting to 10,260 billion dollars and short-term guarantees amounting to 13.826 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 and has increased its holdings to reach $116,722 billion, Kuwait comes second with $50,571 billion, the UAE comes third with 46,299, then Iraq is fourth, Oman is fifth, with $5.338 billion, then Morocco is $3.720 billion.
She pointed out that “the largest holder of US bonds is Japan, with a value of 1,306,292 trillion dollars, followed by China, with 1,054,815 trillion dollars, followed by the United Kingdom, with 625,240 billion dollars, and Ireland, with 314,848 billion dollars.”
shafaq.com
