The sharp decline in Saudi assets in the US Treasury.
Saudi assets in US Treasury bonds hit a five-year low.
Assets fell to $ 115.5 billion in March, down $ 1.2 billion from February 2022.
As of January 2017, Saudi Arabia had $ 112.3 billion in US Treasury bonds.
Assets fell 2.2 percent to $ 116.7 billion by the end of February from $ 119.4 billion at the end of January.
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Saudi Arabia, which was the 17th largest holder of US bonds at the end of 2021 in January, fell to 18th in February following a decline.
As of February 2022, Saudi Arabia had $ 101.27 billion in long-term bonds and $ 15.46 billion in short-term US bonds.
Japan holds the largest US Treasury bonds at $ 1306.3 billion in February, followed by China with $ 1054.8 billion. Over the past two years, Japan has increased its bonds by $ 38 billion (about 3%), and in the case of China, the second country on the list, we have seen a decrease of $ 37.5 billion (3.43%).
