Saudi Treasury holdings drop $9.5B in April to $140.1B

Saudi Arabia’s holdings of US Treasuries fell to $140.1 billion in April, a decline of roughly $9.5 billion from March, according to data from the US Department of Treasury.

The drop was concentrated in short-term bills. Holdings of Treasury securities maturing within a year fell $9.2 billion, or about 21%, to $33.5 billion. That slice now makes up 24% of Saudi Arabia’s total US government debt portfolio, down from around 30% the prior month.

Longer-dated bond holdings edged lower to $106.7 billion, representing 76% of the total. The shift in composition suggests the Kingdom was running down cash-like positions rather than liquidating longer-term investments, though the Treasury data does not specify the counterparty or motive.

Saudi Arabia remained the 17th largest foreign holder of US debt in April, unchanged from March. Japan held the top spot at $1.209 trillion, followed by the UK at $937.5 billion.

The Treasury’s monthly report covers March 2026 holdings reported on a custodial basis. The next release, covering May, is due in July.