Iraq ranks one among the largest foreign holders of US Treasury bonds
Iraq ranks one among the largest foreign holders of US Treasury bonds
2023-02-23 00:45
Shafaq News/ The US Treasury announced, on Thursday, that Iraq ranks among the largest foreign holders of US Treasury bonds.
In its latest table, seen by Shafaq News agency, the treasury said, “Iraq rose one place to rank 31 among the countries with the largest holders of US treasury bonds, of the 38 countries listed in the table for countries with more than $32 billion in possession.”
And she added, “Iraq’s possession of these bonds amounted to 40.8 billion dollars for the month of December 2022, an increase of 2.77 percent over the month of November of the year 2022, and an increase of 7.37 percent over the month of October 2022.”
She pointed out that “Iraq was the fourth largest Arab country after Saudi Arabia, Kuwait and the UAE, while Japan came on top of the countries with the largest possession of these bonds with trillions and 760 billion dollars, followed by China second with 867 billion dollars, the United Kingdom third with 654 billion dollars, and Belgium fourth with 354 billion.” billion dollars, and Luxembourg fifth with 329 billion dollars,” indicating that, “the total bonds of the countries of the world amounted to 7 trillion and 314 billion dollars.”
shafaq.com
