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Iraq achieves the largest purchase of US Treasury bonds in 10 years 2023-01-04 03:55 Shafaq News / The US Treasury Department announced, on Wednesday, that Iraq achieved the largest purchase of its bonds during the month of October 2022, more than 10 years ago, making it one of the largest foreign holders. The treasury said in its latest schedule, seen by Shafaq News agency, that "Iraq achieved, during the month of October of 2022, the largest purchase of US Treasury bonds, at $38 billion," noting that "the value of these bonds increased by 86% from the value of the bonds." for 2021, and increased by 76% over 2020, and increased by 16% over 2019. And she added, "Iraq's highest possession of US Treasury bonds was in 2012, when the value of bonds in that year reached $48.3 billion, after which it decreased by 29% in 2011." She pointed out that "Iraq was the fourth largest Arab country in terms of the value of bonds after Saudi Arabia, Kuwait and the UAE, while Japan came on top of the countries with the largest value of these bonds, followed by China second and the United Kingdom third."