Riyadh – Mubasher: The banks operating in Saudi Arabia have raised their total investments in government bonds by 8.27% to SAR 447.271 billion in April 2021, compared to SAR 413.11 billion in the same month of 2020.
On a monthly basis, the Saudi banks' investments in government bonds rose by 1.3% in April 2021 from SAR 441.518 billion in March 2021, according to the latest data by the Saudi Central Bank (SAMA).
The Saudi banks' investments in government bonds accounted for 84.7% of the banks' total claims on the public sector worth SAR 528.17 billion by the end of April 2021.
