Morocco Surpasses Algeria in US Treasury Bond Investments, Ranks 7th Among Arab Nations

– bySylvanus@Bladi · 1 min read
Morocco Surpasses Algeria in US Treasury Bond Investments, Ranks 7th Among Arab Nations

Morocco ranks seventh in the Arab world in terms of investment in US Treasury bonds, thus surpassing Algeria (10th).

Morocco’s investments in US Treasury bonds stand at $4.1 billion (about 37 billion Moroccan dirhams), representing 1.70% of Arab countries’ investments and 0.06% of global investments, according to a report published by Forbes magazine.

The investments of 11 Arab countries in US Treasury bonds reached $246.7 billion at the end of June last year, or 3.5% of total global investments. With 50.6% of combined Arab investments, Saudi Arabia is the largest Arab investor.

With $124 billion, Saudi Arabia is at the top of the list of Arab countries holding bonds and Treasury bonds, followed by Kuwait ($44.9 billion), Iraq ($31.5 billion), the United Arab Emirates ($26.1 billion), the Sultanate of Oman ($6.1 billion), Qatar ($4.6 billion) and Morocco ($4.1 billion). Egypt ranks 8th with an investment of $2.2 billion, followed by Bahrain ($1.3 billion) and Algeria ($680 million). Lebanon brings up the rear of the podium with an investment of $2 million.