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[size=36]Economic Center: Iraq raises its holdings of US bonds to more than 4.5 billion dollars[/size]
Economie| 11:02 - 20/07/2022
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Baghdad - Mawazine News
The Iraqi Political Economic Center revealed, on Wednesday, a rise in Iraq's possession of US bonds.
And the director of the center, Wissam Hadmal Al-Helou, said in a statement received by Mawazine News, that "Iraq's possession of US Treasury bonds for the month of May of 2022 increased by 4 billion and 584 million dollars, or 13.94%, to reach 32.894 billion dollars, after it was 28.310 billion dollars. Last April, according to the latest official statistics issued by the US Treasury.
And Al-Helou, that "these bonds also rose from the same month last year 2021, when Iraq's possession of bonds amounted to 20.9 billion dollars, and that Iraqi bonds, including long-term guarantees by 15.485 billion dollars and short-term guarantees by 17.409 billion dollars."
He pointed out that "this bond represents 0.4% of the world's bonds," adding that "Saudi Arabia comes in first place at the forefront of the (Arab) countries with the most possession, reaching 114.650 billion dollars, and Kuwait comes second with 46.326 billion dollars, and the UAE comes third with 38,277, and then Iraq fourth and Oman fifth with 6.327 billion dollars, then Morocco with 3.723 billion dollars.
And he added, "The most holder of US bonds is Japan, at $1,212.827 trillion, followed by China, with $980.786 billion, followed by the United Kingdom, with $634.010 billion, and Ireland, with $289.279 billion." Ended 29/N33
The Iraqi Political Economic Center revealed, on Wednesday, a rise in Iraq's possession of US bonds.
And the director of the center, Wissam Hadmal Al-Helou, said in a statement received by Mawazine News, that "Iraq's possession of US Treasury bonds for the month of May of 2022 increased by 4 billion and 584 million dollars, or 13.94%, to reach 32.894 billion dollars, after it was 28.310 billion dollars. Last April, according to the latest official statistics issued by the US Treasury.
And Al-Helou, that "these bonds also rose from the same month last year 2021, when Iraq's possession of bonds amounted to 20.9 billion dollars, and that Iraqi bonds, including long-term guarantees by 15.485 billion dollars and short-term guarantees by 17.409 billion dollars."
He pointed out that "this bond represents 0.4% of the world's bonds," adding that "Saudi Arabia comes in first place at the forefront of the (Arab) countries with the most possession, reaching 114.650 billion dollars, and Kuwait comes second with 46.326 billion dollars, and the UAE comes third with 38,277, and then Iraq fourth and Oman fifth with 6.327 billion dollars, then Morocco with 3.723 billion dollars.
And he added, "The most holder of US bonds is Japan, at $1,212.827 trillion, followed by China, with $980.786 billion, followed by the United Kingdom, with $634.010 billion, and Ireland, with $289.279 billion." Ended 29/N33
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