US Treasury: Iraq’s Holdings Of US Bonds Increased To $34.587 Billion

Baghdad, The US Treasury announced today, Sunday, that Iraq increased its holdings of US bonds to more than 2.5 billion dollars during the month of July.


It stated in its latest table that Iraq’s possession of US Treasury bonds for the month of July of 2022 increased by 2.622 billion dollars, or 8.2%, to reach 34.587 billion dollars, after it was 31.965 billion dollars in the month of June, indicating: that these bonds rose from the same month of last year 2021, when Iraq’s holdings of bonds amounted to $19 billion.


It added: The Iraqi bonds, including long-term guarantees amounting to 14.149 billion dollars and short-term guarantees amounting to 20.393 billion dollars, noting: These bonds represent 0.45% of the world’s bonds.


In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, reaching 121.611 billion dollars, Kuwait second with 49.377 billion dollars, the UAE third with 41.315 billion dollars, and then Iraq fourth. Oman comes fifth with 6.996 billion dollars, then Morocco with 3.783 billion dollars.


It pointed out that the largest holder of US bonds is Japan, with an amount of 1,234.289 trillion dollars, followed by China, with a value of 970,014 billion dollars, then the United Kingdom, with 634.628 billion dollars, and then Luxembourg, with 304.218 billion dollars.


Source: National Iraqi News Agency