Iraq retreats 3 ranks among the largest holders of US bonds

Shafaq News / The US Treasury announced, on Tuesday, that Iraq has fallen three ranks among the largest foreign holders of US bonds.

The treasury said in the latest table seen by Shafaq News agency, “Iraq fell three ranks after it reduced its holdings of bonds during last April, to reach the 36th rank among the countries with the largest possession of US Treasury bonds, which number 38 countries listed in the table of countries that must It has more than $28 billion.

And she added, “Iraq’s possession of these bonds amounted to $34.8 billion for the month of April, down by 11.45% from last March, which Iraq’s possession of bonds amounted to $39.3 billion, but it increased by 23% from March 2022.”

The treasury also indicated that “Iraq was the fourth largest Arab country after Saudi Arabia, the UAE and Kuwait, while Japan came at the top of the countries with the largest possession of these bonds at $1.127.2 trillion, followed by China second with $869 billion, the United Kingdom third with $680 billion, and Belgium fourth.” with 336 billion dollars, and Luxembourg fifth with 332 billion dollars.

And she indicated that “the total bonds of the countries of the world for the month of April rose by 7 billion dollars from last February, to reach 7 trillion and 580 billion dollars.”

Shafaq.com