UAE - Mubasher: The UAE has increased its holdings of the US Treasury bonds by around 50% month-on-month (MoM) to $50.6 billion in February 2021, compared to about $33.8 billion in January.
On an annual basis, the UAE's investments in the US debt instruments rose by 35.7%, when compared to $37.3 billion in February 2020, according to the latest data of the US Department of the Treasury.
At the Arab level, the UAE ranked second among the holders of the US debt instruments, while Saudi Arabia occupied the first position with $132.9 billion investments in the US Treasury bonds.
Globally, the total holdings of the US bonds declined to $7.098 trillion in February 2021, compared to $7.119 trillion in January.
Japan topped the holders of the US debt instruments with $1.258 trillion, followed by China with $1.104 trillion.
