Ukraine Invests Half Of US Financial Assistance Into US Debt
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Oil Falls As OPEC+ Meeting Is Delayed
https://www.thefinancialtrends.com/2023/11/23/oil-falls-as-opec-meeting-is-delayed/
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Between February 2022 and the end of September of 2023 Ukraine increased its holdings of US debt 180%, or by $10.7 billion, according to RIA’s analysis of the data. Presently Kiev holds $24.5 billion in US debt, the highest amount it has held since at least 2011. That is up from $13.8 billion in US debt which Ukraine held at the end of last winter. RIA’s data showed Kiev’s holdings were at their lowest in the middle of the summer of 2022, when it only held $7.9 billion in US debt. Over this period, an analysis of the data shows that Ukraine received $22.9 billion in US financial assistance. That would mean that over that period Ukraine took about half of the aid it received and turned around and purchased US Treasuries with it, effectively giving half of the aid it received back to the US government in return for regular interest payments on it.