“Saudi Arabia at $130.3 billion is the 14th ranked worldwide investor in the US treasury bonds in April this year leading other Arab investors Kuwait ($45.8 billion) and UAE ($43.7 billion). Japan tops the list with $1.27 trillion worth of holdings.”
–Mubasher, the news website, reporting last week that Saudi Arabia has reduced its holdings of US treasury bonds to $130.3 billion in April, hitting the lowest level in eight months. [Mubasher]