Dubai – Mubasher: The UAE's holdings of US Treasuries have increased by $500 million to $59.7 billion in April.

Since the beginning of the year, the GCC country’s holdings of US Treasuries rose to $59.7 billion in the fourth month of 2018, according to an official statement.

Additionally, China topped the US Treasuries holders in April, with total holdings of $1.181 trillion, followed by Japan with $1.031 trillion in the same month.

Meanwhile, Saudi holdings of US government bonds grew to $8.7 billion at the end of April.