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U.S. discloses Saudi Arabia’s Treasuries holdings for first time
Monday, May 16, 2016 9:42
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The Treasury Department has released a breakdown of Saudi Arabia’s holdings of U.S. debt, after keeping the figures secret for more than four decades.
The stockpile of the world’s biggest oil exporter stood at $116.8 billion as of March, according to data the Treasury disclosed Monday in response to a Freedom-of-Information Act request. The tally ranks Saudi Arabia among the top dozen foreign nations in terms of holdings of U.S. debt, and compares with China’s $1.3 trillion trove, and $1.1 trillion for Japan.
Developing … http://www.bloomberg.com
Source: http://luismmx.blogspot.com/2016/05/us-discloses-saudi-arabias-treasuries.html
