Saudi Arabia increased its holdings of US Treasury securities to $130.6 billion in June, marking a $2.9 billion, or 2.3 percent, rise from the previous month, according to US Treasury Department data.
The Kingdom’s position had eased to $127.7 billion in May after reaching $133.8 billion in April. Despite the monthly uptick, Saudi holdings fell 6.8 percent compared with June 2024.
As the world’s largest oil exporter, Riyadh continues to manage its reserves amid fluctuating oil revenues and global interest rate shifts, while pushing diversification under Vision 2030. US Treasuries remain central to this strategy, providing a low-risk and liquid option for managing surplus funds.
In June, Saudi Arabia maintained 17th place among the top global holders of US Treasuries, and remains the only Gulf or Middle Eastern nation in the top 20. Its portfolio included $103.5 billion in long-term bonds, accounting for 79 percent, and $27.1 billion in short-term securities, or 21 percent.
Globally, Japan led with $1.14 trillion in US Treasuries, followed by the UK at $858.1 billion and China with $756.4 billion. Other leading investors included the Cayman Islands, Canada, Belgium, Luxembourg, and France.
Saudi Arabia’s Treasury holdings are seen as a barometer of how energy exporters balance reserve diversification with economic ties to the US, particularly during periods of oil market volatility.