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Saudi Arabia Held $52.4 Billion of US Stocks as of June 2015

Saudi Arabia Held $52.4 Billion of US Stocks as of June 2015 

Saudi Arabia held $52.4 billion of US stocks as of June 2015., the US government said breaking out the kingdom’s assets. This figure marked a decline from about $78 billion in June 2014 and was the first annual drop since 2009. In addition to $109 billion of Treasuries, Saudi Arabia also held $10 billion of long term asset backed securities in June 2015.

“In addition to $109 billion of Treasuries, Saudi Arabia also held $10 billion of long term asset backed securities in June 2015.”

~ Bloomberg

The Treasury indicated $184 billion of Saudi holdings of U.S. securities as of June 2015, down from $194 billion in June 2014, the report said. Foreigners held a total of about $6.7 trillion of U.S. equities, with Cayman Islands the largest listed holder at $884 billion, according to the Treasury

Related Reports: Bloomberg, Forbes

 

About US Treasury

The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States. The Department is responsible for a wide range of activities such as advising the President on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions. The Department of the Treasury operates and maintains systems that are critical to the nation’s financial infrastructure, such as the production of coin and currency, the disbursement of payments to the American public, revenue collection, and the borrowing of funds necessary to run the federal government.

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