Saudi Arabia owns $117 billion of U.S. debt

Saudi Arabia stockpiled $116.8 billion of U.S. Treasuries as of March, the Treasury Department announced on Monday, ending four decades of keeping the figure secret.

That makes Saudi Arabia the 13th largest foreign holder of U.S. debt, though well behind the $1 trillion-plus owned by China and Japan each. The Saudi figure was first reported by Bloomberg News based on a Freedom of Information Act request.

Read More: http://money.cnn.com/2016/05/16/investing/saudi-arabia-us-debt-ownership-revealed/index.html?sr=fbCNN051716saudi-arabia-us-debt-ownership-revealed0653AMVODtopLink&linkId=24579110