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Iraq is outside the list of major countries holding US bonds
Money and business
Economy News - follow up
The US Treasury Department announced on Tuesday that Iraq is no longer a major foreign holder of US bonds.
According to the Treasury report for September, which showed that Iraq was not among the top 20 countries that hold US bonds, after last year it was ranked among the top holders with a holding amounting to $32.6 billion. The report indicated that
“Japan topped the list of major countries in possession of US bonds, as its possession amounted to $1.123 trillion, followed by
China in second place with a possession of $772 billion, while the
United Kingdom came third with $764 billion, and the
Cayman Islands came fourth with $420 billion.”
Luxembourg is fifth with $417 billion, and
Canada is sixth with $370 billion.
The report indicated that Saudi Arabia was the only Arab country that maintained its position among the 20 largest holders of US bonds, as its holding amounted to $143.9 billion.
The report indicated that the total holdings of US bonds around the world amounted to 8 trillion and 872 billion dollars in September.
US bonds are a type of debt instrument issued by the US government to raise money, and
many countries buy them as a safe investment.
In past years, many Arab and foreign countries, including Iraq, owned large amounts of these bonds, and
over time, Iraq's possession of American bonds decreased until it fell out of the list of the top 20 countries holding these bonds.
views 249 Added 12/18/2024 - 1:41 PM
https://economy-news.net/content.php?id=51026
Money and business
Economy News - follow up
The US Treasury Department announced on Tuesday that Iraq is no longer a major foreign holder of US bonds.
According to the Treasury report for September, which showed that Iraq was not among the top 20 countries that hold US bonds, after last year it was ranked among the top holders with a holding amounting to $32.6 billion. The report indicated that
“Japan topped the list of major countries in possession of US bonds, as its possession amounted to $1.123 trillion, followed by
China in second place with a possession of $772 billion, while the
United Kingdom came third with $764 billion, and the
Cayman Islands came fourth with $420 billion.”
Luxembourg is fifth with $417 billion, and
Canada is sixth with $370 billion.
The report indicated that Saudi Arabia was the only Arab country that maintained its position among the 20 largest holders of US bonds, as its holding amounted to $143.9 billion.
The report indicated that the total holdings of US bonds around the world amounted to 8 trillion and 872 billion dollars in September.
US bonds are a type of debt instrument issued by the US government to raise money, and
many countries buy them as a safe investment.
In past years, many Arab and foreign countries, including Iraq, owned large amounts of these bonds, and
over time, Iraq's possession of American bonds decreased until it fell out of the list of the top 20 countries holding these bonds.
views 249 Added 12/18/2024 - 1:41 PM
https://economy-news.net/content.php?id=51026
