Bahrain's Investments in US Treasury Drop 11%
2019-02-18 - 11:57 p
Bahrain Mirror: Bahrain's investments in US Treasury bills and bonds dropped to about $720 million at the end of December compared to $812 million in November 2018, declining by 11.3%.
GCC investments in US Treasury bills and bonds reached $280.64 billion at the end of last December, compared to $281.743 billion in November 2018, recording a monthly decline of 0.4%.
According to data from the US Treasury Department, Mubasher website reported that the investments of Saudi Arabia, the largest Gulf investor in US bills and bonds, rose by 1.06% to $171.6 billion last December, compared to $169.9 billion in November.
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