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Here’s why Saudi Arabia’s secret US Treasury holdings is a hot topic, and why it matters

January 13, 2017

By “Vandita,” includes “… Now that Saudi Arabia and oil both are sliding, why can’t the US Treasury disclose Saudi Arabia’s outsize position in the world’s largest and most important bond market? Only Saudi Arabian Monetary Agency or SAMA, Ministry of Finance, a handful of Treasury officials and some bureaucrats at the Federal Reserve have a clear picture of Saudi Arabia’s US debt holdings and whether they’re rising or falling. But the data would not be shared with the world, at least anytime soon. … Will the US end the legacy policy of keeping Saudi Arabia’s US Treasury holdings shrouded in secrecy or continue to pacify the royals?”

Read the full article on: ANONHQ.COM

 
 
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