Egypt’s holding of US Treasuries was stable for third consecutive month

Egypt’s holdings of US Treasuries were stable at $2.242 billion in February for the third successive month, according to data by the US Department of the Treasury.

The state’s holding of US Treasuries rose to $2.242 billion in February from $2.207 billion in the corresponding month in 2020.

However, Saudi Arabia kept its leading position among Arab holders of US Treasuries with a value of $132.9 billion, followed by the UAE and Kuwait with $50.6 billion and $44.8 billion, respectively.

Globally, Japan ranked first with a value of $1.258 trillion, followed by China with $1.104 trillion and the UK with $459.5 billion.