UAE- Mubasher: The UAE has increased its holdings of the US treasury bonds by over 31% or $13.6 billion to stand at $57.3 billion in May compared to $43.7 billion in April 2021, according to official data.
On an annual basis, the UAE’s investments in the US treasuries jumped 105.4% or $29.4 billion in May 2021 from $29.7 billion in the same month in 2020.
The Gulf country advanced to the 23rd position among the world’s investors in US treasury bonds last May.
