Iraq raises its holdings of US bonds to more than one billion dollars
Iraq raises its holdings of US bonds to more than one billion dollars
2022-02-20 07:45
Shafaq News/ The US Treasury announced on Sunday that Iraq’s holdings of US bonds increased to more than 1.250 billion dollars during the month of December.
The Treasury said in its latest schedule, seen by Shafak News Agency, that “Iraq’s possession of US Treasury bonds for the month of December of the year 2021 increased by 1.264 billion dollars, or 5.95%, to reach 22.502 billion dollars, after it was 21.238 billion dollars last November.” , indicating that “these bonds also rose from the same month of last year 2020, when Iraq’s possession of bonds amounted to 17.1 billion dollars.”
She added that “Iraqi bonds, including long-term guarantees amounting to 9.602 billion dollars and short-term guarantees amounting to 12.900 billion dollars,” noting that these bonds represent 0.4% of the world’s bonds.
In the Arab world, Saudi Arabia is at the forefront of the most possessing countries, which raised it to reach 118.988 billion dollars, Kuwait comes second with 46.384 billion dollars, the UAE comes third with 44.759 billion dollars, then Iraq fourth, Oman fifth with 5.403 billion dollars, then Morocco with 3.763 billion dollars.
She pointed out that “the largest holder of US bonds is Japan, at $1,304,040 trillion, followed by China, at $1,068,746 trillion, followed by the United Kingdom, at $647.363 billion, and Ireland, at $334,325 billion.”
shafaq.com
