Iraq invests $ 24.5 billion in US Treasuries

Tue, 14 Aug 2018 12:10:08

Iraq

The Arab countries' investments in US Treasury bills and bonds at the end of May amounted to about $ 310.2 billion.
According to US Treasury data, 11 Arab countries invest funds in US Treasuries and Treasuries, accounting for 5 percent of total global investment in these bonds of $ 6.21 trillion.

Saudi Arabia holds the largest shareof Arab investments in US Treasuries and Treasuries, with a 52.3 percent stake, valued at 162.1 billion, representing 2.6 percent of the world's investments in the US debt instrument.

The UAE came second with $ 60 billion in investments, representing 19.3 percent of Arab investments and 1 percent of world investments. Thirdly, Kuwait has invested $ 43.9 billion, representing 14.1 percent of Arab investments and 0.7 percent of world investments.

Fourth, Iraq came with investments of $ 24.5 billion, representing 7.9 percent of Arab investments and 0.4 percent of world investments.

Followed by Oman with investments of $ 12 billion, representing 3.9 percent of Arab investments and 0.2 percent of world investments.

Morocco ranked sixth with investments of $ 2.2 billion, representing 0.7 percent of Arab investments and 0.04 percent of world investments. Egypt with investments of $ 2.2 billion, representing 0.7 percent of Arab investments and 0.04 percent of world investments.

Qatar was the eighth with investments of $ 1.2 billion (4.5 billion riyals), representing 0.4 per cent of Arab investments and 0.02 per cent of world investments.

Ninth Bahrain, with investments of US $ 838 million (SR 3.1 billion), represents 0.3 per cent of Arab investments and 0.01 per cent of global investments.

And Algeria, with investments of $ 681 million, representing 0.2 percent of Arab investments and 0.01 percent of world investments.

Finally, Mauritania came with investments of $ 562 million (2.1 billion riyals), representing 0.2 percent of Arab investments and 0.01 percent of world investments.

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