The UAE’s holdings of US Treasury bonds increased to $70.8 billion in May 2024, up by $0.9 billion compared to April.
In May, the UAE’s investments in US Treasury bonds were as follows:
- Long-term bonds: $58.8 billion (83% of the total)
- Short-term bonds: $12.1 billion (17% of the total)
Changes in the UAE’s Holdings of US Treasury Bonds:
| Month | Value (Billion USD) | Change (Billion USD) |
|---|---|---|
| January 2023 | 64.9 | +6.4 |
| February | 65.2 | +0.3 |
| March | 61.5 | -3.7 |
| April | 70.2 | +8.7 |
| May | 69.0 | -1.2 |
| June | 65.6 | -3.4 |
| July | 64.9 | -0.7 |
| August | 68.3 | +3.4 |
| September | 64.4 | -3.9 |
| October | 63.9 | -0.5 |
| November | 62.8 | -1.1 |
| December | 63.9 | +1.1 |
| January 2024 | 60.1 | -3.8 |
| February | 68.9 | +8.8 |
| March | 70.9 | +2.0 |
| April | 69.9 | -1.0 |
| May | 70.8 | +0.9 |
Top Holders of US Treasury Bonds – May 2024:
| Rank | Country | Value (Billion USD) |
|---|---|---|
| 1 | Japan | 1128.3 |
| 2 | China | 768.3 |
| 3 | United Kingdom | 723.4 |
| 4 | Luxembourg | 385.4 |
| 5 | Canada | 354.5 |
| 6 | Cayman Islands | 336.5 |
| 7 | Ireland | 317.7 |
| 8 | Belgium | 313.0 |
| 9 | Switzerland | 290.4 |
| 10 | France | 283.0 |
| 11 | Taiwan | 263.3 |
| 12 | India | 237.8 |
| 13 | Brazil | 223.2 |
| 14 | Hong Kong | 217.4 |
| 15 | Singapore | 213.6 |
| 16 | Norway | 142.8 |
| 17 | Saudi Arabia | 136.3 |
| Others | 1794.2 | |
| Total foreign holdings | 8129.1 |
