Baghdad – The US Treasury Department announced today, Monday, that Iraq’s possession of US bonds has risen to more than $40 billion.
It stated in its latest table, that “Iraq’s possession of US Treasury bonds for the month of December of 2022 increased by 1.097 billion dollars, to reach 40.814 billion dollars, after it was 39.717 billion during the previous month,” noting that “these bonds increased by 81.4 % for the same month of 2021, when Iraq’s possession of bonds amounted to 22.5 billion dollars.
It added, “Iraqi bonds, including long-term guarantees of $28.239 billion and short-term guarantees of $12.575 billion,” noting that “these bonds represent 0.55% of global bonds.”
In the Arab world, Saudi Arabia comes at the forefront of the countries with the most possession, amounting to 119.709 billion dollars, and the UAE comes second with 58.570 billion dollars, then Kuwait with 48.522 billion dollars, then Iraq fourth and Oman fifth with 6.860 billion dollars, then Morocco with 3.870 billion dollars.
The US treasury Department indicated that “the most holders of US bonds are Japan with 1.076.284 trillion dollars, followed by China with 867.061 billion dollars, followed by the United Kingdom with 654.474 billion dollars, and then comes Belgium with 354.325 billion dollars.”
Source: National Iraqi News Agency
