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[size=36]Iraq raises its holdings of US bonds by 58% last April[/size]
Economy | 04:02 - 18/06/2019
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Baghdad - Mawazine News
Iraq raised its ownership of US debt instruments by 58.04 percent during the month of April 2019 on an annual basis.
According to US Treasury Department data, "Iraq's acquisition of US Treasuries reached $ 35.4 billion, compared with $ 22.4 billion in April 2018."
On a monthly basis, "Iraq's ownership of US debt instruments fell 2.2 percent from the previous month - March, to $ 36.2 billion."
Iraq ranked fourth among the Arab countries on the list, after the first Saudi Arabia worth 176.6 billion dollars, the UAE about 55.7 billion dollars, and Kuwait with 40.2 billion dollars.
Globally, China topped the list of US bondholders at $ 1.113 trillion, followed by Japan at $ 1.064 trillion.
US bonds rose 4.1 percent in April on a year-on-year basis to $ 6.433 trillion, from $ 6.181 trillion in the same month in 2018.
US bonds fell 0.6 percent in April from March, During which it reached $ 6.473 trillion.
It is noteworthy that what the US Treasury disclosed in its monthly statements is the investments of the Gulf States in US Treasury bills and bonds only, and does not include those investments in the United States, whether governmental or private.
In March, Iraq raised its ownership of US debt instruments by 66.8 percent year-on-year.
Iraq raised its ownership of US debt instruments by 58.04 percent during the month of April 2019 on an annual basis.
According to US Treasury Department data, "Iraq's acquisition of US Treasuries reached $ 35.4 billion, compared with $ 22.4 billion in April 2018."
On a monthly basis, "Iraq's ownership of US debt instruments fell 2.2 percent from the previous month - March, to $ 36.2 billion."
Iraq ranked fourth among the Arab countries on the list, after the first Saudi Arabia worth 176.6 billion dollars, the UAE about 55.7 billion dollars, and Kuwait with 40.2 billion dollars.
Globally, China topped the list of US bondholders at $ 1.113 trillion, followed by Japan at $ 1.064 trillion.
US bonds rose 4.1 percent in April on a year-on-year basis to $ 6.433 trillion, from $ 6.181 trillion in the same month in 2018.
US bonds fell 0.6 percent in April from March, During which it reached $ 6.473 trillion.
It is noteworthy that what the US Treasury disclosed in its monthly statements is the investments of the Gulf States in US Treasury bills and bonds only, and does not include those investments in the United States, whether governmental or private.
In March, Iraq raised its ownership of US debt instruments by 66.8 percent year-on-year.
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