Egypt’s Possession of US Treasury Bills Hit $2.249 Bln

Egypt's possession of US Treasury bonds increased during November 2021, marginally on an annual basis.

US Treasury data showed that Egypt's possession of US bonds amounted to $2.249 billion in November 2021, compared to $2.244 billion in the same month of 2020.

On a monthly basis, Egypt's US Treasury bonds stabilized during November 2021 at $2.249 billion, unchanged from the previous October.

Japan topped the list of the world's largest holders of US bonds, with a value of $1340.6 billion ($1.340 trillion).

China came in second place with investments amounting to $100.8 billion ($1.080 trillion), then the United Kingdom with $621.6 billion.

In the Arab world, Saudi Arabia ranked first; followed by the United Arab Emirates, with investments amounting to $48 billion, ranked 27th globally, and then Kuwait, with investments of $45 billion, ranked 29th globally.

In general, the total value of US bonds rose by about 9.9% at the end of November 2021 on an annual basis, and increased by about 1.2% on a monthly basis.

The value of US Treasury bonds reached $7.748 trillion, compared to $7.051 trillion by the end of November of 2020, and $7.659 trillion at the end of October 2021.