The collapse of the global bond market .. the worst in 73 years

[yota691]

 

Iraq ranked 39th as the largest holder of US bonds during 2021

 

 2022-03-17 02:33

 

Shafaq News/ The US Treasury announced on Thursday that Iraq ranked 39th as the largest holder of US bonds during 2021.

The Treasury said in its latest schedule seen by Shafak News Agency; Iraq ranked 39 among the largest foreign holders of US Treasury securities out of 44 countries listed in the table.

She added that "Iraq's possession of US Treasury bonds during the end of December 2021 amounted to 22.502 billion dollars, and these bonds represent 0.29% of the world's bonds amounting to 7.74 trillion dollars."

Globally, Japan is the largest holder of US bonds, amounting to 1,304,040 trillion dollars, followed by China with 1,068,746 trillion dollars, followed by the United Kingdom with 647,363 billion dollars, and then Ireland with 334,325 billion dollars, while Uruguay is at the bottom with 12.3 billion dollars, followed by Egypt with 14.3 billion dollars. ".

[yota691]

 

To more than 900 million dollars .. Iraq raises its holdings of US bonds

 

 2022-03-20 02:49

 

Shafaq News/ The US Treasury announced, on Sunday, that Iraq's possession of US bonds increased to more than 900 million dollars during the month of January.

And the treasury said in its latest schedule, seen by Shafak News Agency, that "Iraq's possession of US Treasury bonds for the month of January of 2022 increased by 923 million dollars, or 5.95%, to reach 23.425 billion dollars, after it was 22.502 billion dollars last December." She explained that "these bonds also rose from the same month last year 2021, when Iraq's possession of bonds amounted to 14.5 billion dollars."

She added that "Iraqi bonds, including long-term guarantees amounting to 9.710 billion dollars and short-term guarantees amounting to 13.715 billion dollars," noting that these bonds represent 0.3% of the world's bonds.

In the Arab world, Saudi Arabia is at the forefront of the most possessing countries, raising its holdings to reach 119,402 billion dollars, Kuwait comes second with 50,578 billion dollars, the UAE comes third with 44,788, then Iraq is fourth, Oman is fifth, with 5.297 billion dollars, then Morocco is 3.733 billion dollars.

And the US Treasury indicated that "the most holder of US bonds is Japan, with an amount of 1,303,062 trillion dollars, followed by China with a value of 1,060,144 trillion dollars, followed by the United Kingdom, with a rate of 608,811 billion dollars, and then Luxembourg with 310,793 billion dollars."

[yota691]

 

Iraq raises its holdings of US bonds to more than two billion dollars

 

 2022-05-23 05:24

 

 

Shafaq News/ The US Treasury announced, on Monday, that Iraq's holdings of US bonds increased to more than two billion dollars during the month of March.

 

The Treasury said in its latest schedule seen by Shafak News Agency, that "Iraq's possession of US Treasury bonds for the month of March of 2022 increased by two billion and 117 million dollars, or 8.79%, to reach 26.203 billion dollars, after it was 24.086 billion dollars in the month of February." .

 

And she indicated that "these bonds also rose from the same month last year 2021, when Iraq's possession of bonds amounted to 17.8 billion dollars."

 

She added that "Iraqi bonds, including long-term guarantees amounting to 11.348 billion dollars and short-term guarantees amounting to 14.855 billion dollars," noting that "these bonds represent 0.3% of the world's bonds."

 

In the Arab world, Saudi Arabia is at the forefront of the countries with the most US bonds, raising its holdings to reach $115,461 billion. Kuwait comes second with $46.815 billion, the UAE is third with 45,640, then Iraq is fourth and Oman is fifth with $5.690 billion, then Morocco is $3.672 billion.

 

And the US Treasury indicated that "the most holder of US bonds is Japan with 1,232.382 trillion dollars, followed by China with 1,039.590 trillion dollars, the United Kingdom with 634.948 billion dollars, and then Ireland with 315,858 billion dollars."

[Mammaw]

Scary to think the rest of the world hold so much in US Bonds. I had a teacher tell our elementary class, back in the '50s. that the only sure investment is the US Bond. The rest of the market and investments can bust. However, the US Bond is the only investment that will pay regardless. We see all these countries putting their bet on the US Bonds and I can almost bet you few US citizens have done the same.

[yota691]

Iraq raises the value of its investments in US bonds, and the financial advisor comments

2022.05.24 - 09:37

 

Baghdad - people  

Mazhar Muhammad Salih, the financial advisor to the Prime Minister, said on Tuesday that the application of investment guides to the country's foreign reserves represents the efficient management of the country's reserves and maintains its constant purchasing power while maintaining its liquidity, commenting on the rise in the value of Iraqi investments in US bonds to $26 billion.  

 

  

Saleh said, in a statement to the official newspaper, followed by "Nass" (May 24, 2022), that "there is a dangerous confusion in understanding the international financial relations of Iraq, as well as a confusion between monetary policy, its reserves, public finances, and its budgets. For the stability of the value of the Iraqi dinar or the so-called national currency cover to ensure the stability of the purchasing power of the Iraqi dinar, they are not resources for the general budget in the end, but rather the resources of monetary policy to protect the external value of the Iraqi dinar, and these reserves represent the important aspect of the investment portfolio of the Central Bank of Iraq.  

  

He added that "Those foreign currency reserves are invested within the balance sheet of the Central Bank of Iraq in accordance with standard investment guides issued by international multilateral financial institutions, including investment opportunities in short-term financial instruments or quasi-money such as US treasury bonds because of their high liquidity, which at the same time have a credit rating. Class AAA, which means that the degree of confidence and security in it is high, and the importance of applying investment guides to the country’s foreign reserves to represent the efficient management of the country’s reserves and maintaining its constant purchasing power while maintaining its liquidity while achieving a good benefit at the same time. The US dollar is currently on the rise, and it is a policy practiced by the Central Bank of Iraq within its strong and successful strategies, and it is an important part of managing the US reserves.The country's foreign currency, which today exceeded 70 billion dollars."  

  

Yesterday, Monday, the US Treasury announced that Iraq's possession of US bonds had risen to more than two billion dollars during the month of March, to total more than 26 billion dollars.  

[yota691]

Iraq raises its holdings of US bonds to more than 4.5 billion dollars

• Time: 07/20/2022 10:45:09
•  
• Reading: 793 times

  

{Economic: Al Furat News} The Iraqi Economic Center revealed, today, Wednesday, that Iraq's possession of US bonds has increased.

The head of the center, Wissam Al-Helou, said in a statement that the agency {Euphrates News} received a copy of it that “Iraq’s possession of US Treasury bonds for the month of May 2022 has increased by 4 billion and 584 million dollars, or by 13.94%, to reach 32.894 billion dollars, after it was 28.310 billion dollars in a month. Last April, according to the latest official statistics issued by the US Treasury.

Al-Helou indicated that "these bonds also increased from the same month last year 2021, when Iraq's possession of bonds amounted to 20.9 billion dollars," noting that "Iraqi bonds, including long-term guarantees by 15.485 billion dollars and short-term guarantees by 17.409 billion dollars," noting that "This bond 
represents 0.4% of the world's bonds."

He explained that "Saudi Arabia comes in the first place at the forefront of the most possessing countries, reaching 114.650 billion dollars, followed by Kuwait second with 46.326 billion dollars, then the UAE third 38.277, Iraq fourth and the Sultanate of Oman fifth with 6.327 billion dollars, then Morocco with 3.723 billion dollars."

He pointed out that "the most holder of US bonds is Japan, at $1,212.827 trillion, followed by China, with $980.786 billion, followed by the United Kingdom, with $634.010 billion, and Ireland, with $289.279 billion."

[yota691]

 

Iraq raises its holdings of US bonds by more than 4.5 billion dollars

 

 2022-07-20 02:40

 

Shafaq News/ The US Treasury announced, on Wednesday, that Iraq's holdings of US bonds increased by more than 4.5 billion dollars during the month of May.

The Treasury said in its latest schedule, seen by Shafaq News Agency, that "Iraq's possession of US Treasury bonds for the month of May of 2022 increased by 4 billion and 584 million dollars, or 13.94%, to reach 32.894 billion dollars, after it was 28.310 billion dollars in the month of April." Indicating that "these bonds also rose from the same month last year 2021, when Iraq's possession of bonds amounted to 20.9 billion dollars."

She added that "Iraqi bonds, including long-term guarantees amounting to 15.485 billion dollars and short-term guarantees amounting to 17.409 billion dollars," noting that these bonds represent 0.4% of the world's bonds.

In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, reaching 114.650 billion dollars, followed by Kuwait second with 46.326 billion dollars, the UAE coming third with 38.277, then Iraq fourth, Oman fifth with 6.327 billion dollars, then Morocco with 3.723 billion dollars.

She pointed out that "the most holder of US bonds is Japan, with a value of 1,212.827 trillion dollars, followed by China, with 980.786 billion dollars, followed by the United Kingdom, with 634.010 billion dollars, and Ireland, with 289.279 billion dollars."

[yota691]

 

Iraq is among the largest foreign holders of US Treasury bonds

 

 2022-07-25 10:34

 

Shafaq News/ The US Treasury Department announced, on Monday, that Iraq has become one of the major foreign holders of US Treasury bonds.

The Treasury said in its latest schedule, seen by Shafak News Agency, that "Iraq has become among the 35 largest countries that have possession of US Treasury bonds than those that have bonds with a value of more than 30 billion dollars."

And she added, "Iraq's possession of these bonds amounted to 32.9 billion dollars for the month of May, an increase of 36.51 percent over the month of January of 2022, and an increase of 57.42 percent over the same month of last year 2021."

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 at the top of the countries with the largest value of these bonds, followed by China second and the United Kingdom third," indicating that the total US bonds owned by the countries of the world amounted to 7 trillion. and $421 billion.

[yota691]

After two months of its 57% increase, Iraq sells about one billion dollars in US bonds, instead of transferring surplus funds into assets

2022-08-16

Yes Iraq: Baghdad

 

With the “accumulation” of funds in Iraq as a result of the surplus resulting from the selling prices of oil, which is hoped to reach within a year more than 25 billion dollars, Iraq directed to raise its holdings of reserves, whether in hard currency or gold, or even purchase US bonds.

Indeed, Iraq raised its holdings of US bonds this year by more than 57%. In March, it bought US bonds with more than one billion dollars, and then bought in April more than 4 billion dollars, bringing its holdings of bonds to 32.8 billion dollars, compared to April 2021, which It was only $20.9 billion.

It is natural that Iraq's possession of US bonds will continue to rise as Iraq's oil revenues continue to rise due to the rise in the prices of raw materials, but it is strange that Iraq, after only two months of purchasing bonds with more than 4 billion dollars, sold bonds of nearly one billion dollars to decrease its holdings of bonds, the matter Which raises questions about the reason for selling these bonds and whether Iraq “needs” money despite its high revenues, as Iraq was forced to sell bonds instead of keeping them and benefiting from the potential returns from them.

 

The US Treasury said that "Iraq's possession of US Treasury bonds for the month of June of 2022 decreased by 929 million dollars, or 2.82%, to reach 31.965 billion dollars, after it was 32.894 billion dollars in the month of May," noting that "these bonds rose from the same month. From last year 2021, when Iraq’s holdings of bonds amounted to $21.2 billion.”

 

She added that "Iraqi bonds, including long-term guarantees amounting to 15.939 billion dollars and short-term guarantees amounting to 16.026 billion dollars," noting that these bonds represent 0.4% of the world's bonds.

 

And Iraq's possession of US bonds has previously increased to about 33 billion dollars, at a rate of 57% within a year, and it was hoped that Iraq would get profits estimated at more than 300 million dollars according to the new interest rate approved by the US Federal Bank.

The US Treasury said at the time that “Iraq’s possession of US Treasury bonds for the month of May of 2022 increased by 4 billion and 584 million dollars, or 13.94%, to reach 32.894 billion dollars, after it was 28.310 billion dollars in the month of April,” indicating that “these bonds also rose For the same month last year 2021, when Iraq’s holdings of bonds amounted to $20.9 billion.”

[yota691]

 

Iraq records a decline of nearly a billion dollars in holdings of US bonds

 

 2022-08-16 10:38

 

Shafaq News/ The US Treasury announced, on Tuesday, that Iraq's possession of US bonds decreased by nearly one billion dollars during the month of June.

The Treasury said in its latest schedule, seen by Shafaq News Agency, that "Iraq's possession of US Treasury bonds for the month of June of 2022 decreased by $929 million, or by 2.82%, to reach $31.965 billion, after it was $32.894 billion in the month of May," indicating "These bonds rose from the same month last year 2021, when Iraq's possession of bonds amounted to $21.2 billion."

She added that "Iraqi bonds, including long-term guarantees amounting to 15.939 billion dollars and short-term guarantees amounting to 16.026 billion dollars," noting that these bonds represent 0.4% of the world's bonds.

In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, reaching 119.155 billion dollars, Kuwait comes second with 45.957 billion dollars, the UAE comes third with 39.868 billion dollars, then Iraq is fourth, Oman is fifth with 6.702 billion dollars, then Morocco comes with 3.892 billion dollars.

And she pointed out that "the largest holder of US bonds is Japan, at $1,236.291 trillion, followed by China, at $967.778 billion, followed by the United Kingdom, at $615.413 billion, and then Luxembourg with $306.833 billion."

[yota691]

 

Iraq increases its holdings of US bonds by more than 2.5 billion dollars

 

 2022-09-18 02:16

 

Shafaq News/ The US Treasury announced, on Sunday, that Iraq increased its holdings of US bonds to more than 2.5 billion dollars during the month of July.

The Treasury said in its latest schedule, seen by Shafak News Agency, that "Iraq's possession of US Treasury bonds for the month of July of 2022 increased by 2.622 billion dollars, or 8.2%, to reach 34.587 billion dollars, after it was 31.965 billion dollars in the month of June," indicating That "these bonds rose from the same month last year 2021, when Iraq's possession of bonds amounted to 19 billion dollars."

She added that "Iraqi bonds, including long-term guarantees amounting to 14.149 billion dollars and short-term guarantees amounting to 20.393 billion dollars," noting that these bonds represent 0.45% of the world's bonds.

In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, reaching 121.611 billion dollars, Kuwait comes second with 49.377 billion dollars, the UAE comes third with 41.315 billion dollars, then Iraq is fourth and Oman fifth with 6.996 billion dollars, then Morocco with 3.783 billion dollars.

She pointed out that "the largest holder of US bonds is Japan, with a value of 1,234.289 trillion dollars, followed by China, with 970.014 billion dollars, followed by the United Kingdom, with 634.628 billion dollars, and then Luxembourg with 304.218 billion dollars."

[ametad]

They would be better off spending their money on infrastructure in Iraq.

[yota691]

The collapse of the global bond market .. the worst in 73 years

• Time: 09/27/2022 12:18:38
•  
• Read: 494 times

  

{Economic: Al Furat News} Week after week, the global bond market collapse continues, without a clear end to this collapse, and with central banks around the world raising interest rates aggressively to counter inflation, bond prices drop sharply, as UK-term bonds fell. Five years the most since 1992, after the government rolled out a massive tax-cutting plan.

The two-year US Treasury bonds are also witnessing the longest consecutive losing streak since at least 1976, with their 12-day decline in a row.

Strategists at Bank of America Corp said government bond markets are on their way to their worst annual performance since 1949, when Europe was rebuilding itself after World War II.

The bond losses illustrate how big the difference is between the current monetary policies of the Federal Reserve and other central banks, and the policies pursued by the same banks in the period of the Corona epidemic, when they kept rates close to zero to maintain activity in their economies.

And the reversal in the monetary policy of the central banks caused great pressure on everything, according to a report published by “Bloomberg” agency, which extended from stock prices to oil prices, due to investors’ preparation for a possible economic recession.

Currently, "interest-sensitive" treasuries are trading at yields above 4 percent.

As for US bonds with long-term yields, such as 10 years, they are trading at a yield of 3.82 percent, the highest level in 12 years.

And US Treasury bond prices recorded a strong decline during Monday's trading, bringing the yield on two-year bonds above 4.3 percent for the first time since August 2007, and the yield on British bonds rose above 4.5 percent.

The years of ultra-low interest rates are now over, said Peter Bokvar, chief investment officer at Bleakley Consulting Group, noting that global market bonds are currently trading as bonds are traded in emerging markets, and that the largest financial bubble in the history of bubbles. Sovereign bonds continue to shrink.

Bonds recorded a significant decline when the US Federal Reserve raised the interest rate by 75 basis points to the level of 3 to 3.25 percent, the third time in the same value, and the fifth during the year.

Policy makers expect that interest rates may reach the level of 4.5 percent, and then they will be maintained at the level for a period of time, despite the possibility of negative effects on the economy.

And US Federal Reserve Chairman Jerome Powell said earlier in September that the Fed was "deeply determined" to bring inflation down to 2 percent, and that the rate hike would continue until the job was done.

Deutsche Bank confirmed that the global bond market entered the bear market stage for the first time in 76 years, with sharp losses to financial markets due to recession fears and monetary tightening.

The global bond market has fallen about 20 percent from its peak after observing data going back to 1786, the technical definition of a bear market, according to Deutsche Bank.

According to the report, the last time the global bond market witnessed a bear market stage was in 1946, the first year of the United Nations sessions in London after the end of World War II.

Global bond markets witnessed a strong selling wave this year, which raised the yield on debt strongly, amid expectations of continued interest rate hikes by central banks to control inflation.