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Kuwait’s US Treasury holdings remain unchanged in July

Kuwait’s US Treasury holdings remain unchanged in July
Kuwait’s holdings of the US bonds increased by 30% YoY in July

Mubasher: Kuwait’s holdings of the US Treasury bonds remained unchanged at $42.9 billion in July when compared to June 2018, according to the latest official data.

In June 2018, the country’s holdings of the US Treasury bonds decreased to $42.9 billion from $43.9 billion in the prior month.

On an annual basis, Kuwait’s holdings of the US bonds increased by 30% when compared to $33 billion in July 2017.

In July, the bonds varied as $38.38 billion on a long-term basis, while the short-term bonds amounted to $4.56 billion.