Saudi Arabia’s holdings in US treasuries rose for the eighth consecutive month in March, reaching $135.9 billion—a 3.66 percent increase from the previous month. Official data from Washington ranked the Kingdom as the 17th largest investor in these financial instruments. The report highlighted that Saudi Arabia’s US Treasuries were primarily in long-term bonds, valued at $107.3 billion, representing 79 percent of the total, with the remaining 21 percent, worth $28.6 billion, in short-term bonds. In February, the Kingdom held $131.1 billion in US treasuries, up from $133.5 billion in January and $132 billion in December.
Globally, Japan was the largest investor in US treasury bonds in March, holding $1.18 trillion, followed by China and the UK with portfolios valued at $767.4 billion and $728.1 billion, respectively. Luxembourg, Canada, Ireland, Belgium, the Cayman Islands, France, Switzerland, Taiwan, India, Brazil, and Singapore were also among the top investors. Earlier this month, a report by the Saudi Central Bank (SAMA) indicated a 2 percent decline in international reserve assets in April to SR1.66 trillion ($440 billion) compared to March, while the Kingdom’s foreign reserve assets saw a 3 percent year-over-year increase in April.