Saudi Holdings of US Treasuries Reach Record High

Record Surge in US Treasury Holdings

In a remarkable financial milestone, Saudi Arabia’s holdings of US Treasuries climbed by approximately $25.6 billion in February 2026, reaching a total of $160.4 billion. This marks the highest level of Saudi investments in US debt in the last six years, reflecting a significant trend towards safer assets amid global economic uncertainties.

Driving Forces Behind the Increase

The surge in holdings was primarily driven by a substantial rise in short-term Treasury investments, which skyrocketed 91% month-on-month to $54.6 billion. This short-term equity now constitutes 34% of Saudi Arabia's total US Treasury holdings, up from just 21% in January.

Long-term Treasury Securities

In contrast, Saudi Arabia's long-term Treasury holdings saw a slight decline, totaling $105.8 billion, which constitutes 66% of their total investment in US debt. This shift emphasizes a strategic recalibration in asset allocation, prioritizing shorter maturities amid evolving market conditions.

Global Comparison: Saudi Arabia's Rank

As of February 2026, Saudi Arabia ranks 17th among the largest holders of US debt. At the top of the list remains Japan, holding a staggering $1.24 trillion in US Treasuries, followed by the United Kingdom with $897.3 billion and China with $693.3 billion.