After 41 Years, Saudi Arabia’s Treasuries Holdings Are Unveiled
- Kingdom held $116.8 billion as of March, Treasury data show
- Figures had been grouped with mostly OPEC nations since 1974
U.S. Discloses Saudi Debt Holdings After 41 Years
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One of the great mysteries of the $13.4 trillion Treasuries market has been solved after more than 41 years.
The Treasury Department on Monday released a breakdown of Saudi Arabia’s holdings of U.S. debt, ending a longstanding policy of keeping the figures secret. The stockpile of the world’s biggest oil exporter stood at $116.8 billion as of March, up from $82.7 billion two years earlier, according to data disclosed in response to a Freedom-of-Information Act request filed by Bloomberg News.