Iraq raises its holdings of US bonds to 2.5 billion dollars last July
695 Economie 2022/09/18 09:41
Baghdad today - Baghdad
Today, Sunday, the US Treasury announced that Iraq increased its holdings of US bonds to more than 2.5 billion dollars during the month of July.
The Treasury said in its latest schedule that it followed (Baghdad Today), that
"Iraq's possession of US Treasury bonds for the month of July of 2022 increased by $2.622 billion, or by 8.2%, to reach $34.587 billion, after it was $31.965 billion in the month of June." Indicating that
"these bonds rose from the same month last year 2021, when Iraq's possession of bonds amounted to 19 billion dollars." She added that
"Iraqi bonds, including long-term guarantees amounting to 14.149 billion dollars and short-term guarantees amounting to 20.393 billion dollars," noting that
these bonds represent 0.45% of the world's bonds.
In the Arab world,
Saudi Arabia comes at the forefront of the most possessing countries, reaching 121.611 billion dollars,
Kuwait comes second with 49.377 billion dollars, the
UAE comes third with 41.315 billion dollars, then
Iraq fourth and
Oman fifth with 6.996 billion dollars, then
Morocco with 3.783 billion dollars. She pointed out that
"the largest holder of US bonds is
Japan, with a value of 1,234.289 trillion dollars, followed by
China, with 970.014 billion dollars, followed by the
United Kingdom, with 634.628 billion dollars, and then
Luxembourg with 304.218 billion dollars."