Iraq raises its investments in US bonds 17.8% during August

17 October 2019 12:10 PM

Iraq

Direct: Iraq raised its holdings of US Treasury bonds by 17.8 percent in August 2019 year on year, an increase equivalent to $ 5.3 billion.

According to data from the US Treasury Department, seen by Mubasher on Thursday, Iraq's holdings of US Treasury bondsamounted to $ 35.1 billion, compared to $ 29.8 billion in August 2018.

On a monthly basis, Iraq raised its holdings of US debt instruments by 0.57 percent, compared with its value of $ 34.9 billion in July.

Iraq continued to raise its holdings of US bonds in August for the third month in a row.

Iraq came in fourth place at the level of Arab countries holding US bonds; after Saudi Arabia topped the list with Arab 183.8 billion dollars, the UAE with 49.4 billion dollars, and Kuwait with 44.1 billion dollars.

mubasher.info