US bond holdings fell to $ 7.099 trillion
The total value of global investments in US Treasury bills and bonds, until the end of February, decreased 0.3 percent to $ 7.099 trillion, compared to 7.12 trillion in the previous month.
According to a survey of US Treasury data released on Sunday, Japan topped the holders of US bonds by 1.258 trillion dollars in February, compared to 1.277 trillion in January.
In second place, China ranked $ 1.104 trillion, compared to $ 1.095 trillion at the end of January, which is the fourth consecutive rise.
China was the largest investor in US Treasury bonds for years, but Japan overtook it as of June 2019, after a trade war ravaged economic ties between Washington and Beijing.
In third place came the United Kingdom with investments of 459.5 billion dollars, compared to 438.7 billion on a monthly basis, and in fourth place Ireland with 316 billion dollars compared to 313.6 billion.
While Luxembourg came fifth with 282.4 billion dollars compared to 281.4 billion, then Brazil with 259 billion dollars in possession compared to 260.4 billion.
Gulf Cooperation Council (GCC) investments in US Treasury bills and bonds rose 6.1 percent on a monthly basis in February to $ 242.7 billion.
As of January, the GCC investments in US Treasury bills and bonds amounted to $ 228.7 billion.
Saudi Arabia was the largest holder of US bonds in the Gulf countries, with investments of 132.9 billion dollars until the end of February, compared to 135.1 billion dollars until the end of January.
The UAE ranked second, with total investments of $ 50.6 billion, compared to $ 33.8 billion in the previous month.
Kuwait ranked third, with total investments amounting to 44.8 billion dollars, followed by Qatar, eight billion dollars, the Sultanate of Oman, 5.3 billion dollars, and Bahrain at the bottom of the list with one billion dollars.
What the US Treasury announces in its monthly data is the Gulf states ’investments in US Treasury bills and bonds only, and they do not include other investments in the US, whether governmental or private.
