Revealed: Saudi Arabia owns $117 billion of U.S. debt
▻http://money.cnn.com/2016/05/16/investing/saudi-arabia-us-debt-ownership-revealed/index.html
Unlike with most other major owners of U.S. debt, the Treasury Department kept Saudi Arabia’s precise holdings secret since the 1970s. Saudi’s holdings were lumped together with that of other oil exporting nations, including Venezuela and Iraq.
But that policy ended on Monday as the Treasury Department disclosed precise holdings by specific countries that were previously grouped together. A Treasury official told CNNMoney the move was made following a review aimed at trying to provide more “comprehensive and transparent” data.