Iraq increases US Treasury bond holdings

Go down

Iraq increases US Treasury bond holdings Empty Iraq increases US Treasury bond holdings

Post  Admin on Fri Aug 16, 2019 10:36 am

Political 05:39 - 16/08/2019

Baghdad - Mawazine News
 The acquisition of the State of Iraq of US Treasury bonds during the month of June 2019, by 30.94%, year on year.


According to Treasury data, Iraq's holdings of US bonds increased to $ 34.7 billion, up from $ 26.5 billion in June 2018.


Iraq bought US $ 300 million in June.


On a monthly basis, Iraq's ownership of US bonds rose marginally by 0.87% in June 2019, compared to the $ 34.4 billion in May of the same year.


The ownership of Iraq has increased US bonds since the beginning of this year, about $ 100 million; compared to its ownership at the end of 2018, which was $ 34.6 billion.


Iraq ranked 31st globally among the holders of US Treasury bonds and the fourth in the Arab world, after Saudi Arabia, which ranks 11 globally and first Arab at $ 179.6 billion, the United Arab Emirates ranked 22 globally and the second Arab at $ 51.5 billion, and Kuwait ranked 27 globally and third $ 44.4 billion.


The reversal of the US bond yield curve raised fears of a US recession as government debt yields fell for 30 years to an all-time low.


Globally, Japan took the top spot with US $ 1.122 trillion in bonds, followed by China with $ 1.112 trillion and the UK with $ 341.1 billion.


The world's total holdings of US Treasury bonds in June totaled $ 6.636 trillion, compared with $ 6.539 trillion in May.




https://www.mawazin.net/Details.aspx?jimare=60310

Admin
Admin

Posts : 28745
Join date : 2012-04-30
Location : Arizona

http://iraqidinar.forumotion.com

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum