The US Treasury announced, on Monday, that Iraq’s holdings of US bonds increased to more than two billion dollars during the month of March.
The Treasury said in its latest schedule seen by Shafak News Agency, that “Iraq’s possession of US Treasury bonds for the month of March of 2022 increased by two billion and 117 million dollars, or 8.79%, to reach 26.203 billion dollars, after it was 24.086 billion dollars in the month of February.” .
And she indicated that “these bonds also rose from the same month last year 2021, when Iraq’s possession of bonds amounted to 17.8 billion dollars.”
She added that “Iraqi bonds, including long-term guarantees amounting to 11.348 billion dollars and short-term guarantees amounting to 14.855 billion dollars,” noting that “these bonds represent 0.3% of the world’s bonds.”
In the Arab world, Saudi Arabia is at the forefront of the countries with the most US bonds, raising its holdings to reach $115,461 billion. Kuwait comes second with $46.815 billion, the UAE is third with 45,640, then Iraq is fourth and Oman is fifth with $5.690 billion, then Morocco is $3.672 billion.
And the US Treasury indicated that “the most holder of US bonds is Japan with 1,232.382 trillion dollars, followed by China with 1,039.590 trillion dollars, the United Kingdom with 634.948 billion dollars, and then Ireland with 315,858 billion dollars.”