Shafaq News / The US Treasury Department announced on Thursday that Iraq’s holdings of bonds rose to about $33 billion after a series of declines that spanned four months in a row.
The Treasury said in its latest schedule, seen by Shafaq News, that “Iraq’s acquisition of US Treasury bonds for the month of June 2023 increased by $300 million to reach $33 billion from $32.7 billion during the previous month,” indicating that “these bonds increased by 3.12% from the same period in 2022 when Iraq’s possession of bonds amounted to 32 billion dollars.”
In the Arab world, Saudi Arabia is at the forefront of the most possession countries, reaching 108.1 billion dollars, and the UAE comes second with $ 65.2 billion, then Kuwait third with 40.6 billion dollars, then Iraq fourth and Oman fifth with $7.061 billion.
She pointed out that “the most countries that hold US bonds are Japan with 1.105 trillion dollars, followed by China with $835.4 billion, followed by the United Kingdom with $ 672.3 billion, and then Belgium comes with 332.4 billion dollars.”
U.S. Treasuries in June were $7.563 trillion, up 1.97 percent from the same month-month level last year of $7.417 billion, with monthly growth of about 0.56 percent from $7,521 trillion in May 2023.
https://www.shafaq.com/ar/اقتصـاد/العراق-يرفع-حيازته-من-السندات-الامريكية-بمقدار-300-مليون-دولار
