Bahrain Reduces US Bonds Holdings by 17% in April
2020-06-19 - 7:09 p
Bahrain Mirror: Bahrain's holding of U.S. bonds fell by 17% in April 2020, on a monthly basis.
The kingdom's investments fell to about $1.22 billion in that period this year, compared to $1.47 billion in March 2020, according to recent data from the U.S. Treasury Department.
Bahrain's acquisition of US bonds dropped $250 million in April, compared to their value in March.
Bahrain's holdings increased annually by $489 million in April 2020, up from $731 million in April 2019.
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