“Saudi Arabia’s holdings in US treasuries increased for the fifth consecutive month, rising by 2.96 percent to $131.9 billion in December from November. Data released by the US Treasury Department placed Saudi Arabia at the 16th spot among the largest investors in such financial instruments in December. The report disclosed that in November, the Kingdom held bonds valued at $128.1 billion, compared to $117.5 billion and $117.1 billion in October and September, respectively.”