The Treasury Department has disclosed Saudi Arabia’s holdings of U.S. government bonds for the first time. The gulf nation owned almost $120 billion of Treasuries as of February, more than India, while considerably less than the $1.3 trillion owned by China and $1.1 trillion held by Japan. Analysts say countries such as the U.K., Belgium and Luxembourg may host custodial accounts for nations including Saudi Arabia and China, clouding the visibility of the data.
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