By Laura Matthews
NEW YORK, April 25 (Reuters) – United States President Donald Trump purchased at least US$51 million in bonds in March, according to financial information released on Saturday, with purchases spanning several sectors.
According to forms released by the US Office of Government Ethics, Trump carried out 175 financial transactions last month. The forms do not include the exact values of each sale or purchase, only a range of values.
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Most of the disclosed assets were municipal bonds issued by states, counties, school districts and other entities with ties to government agencies or public-private partnerships.
Its 26 largest transactions, in the $1 million to $5 million range, were primarily municipal bonds or U.S. Treasury bonds, although two of the deals listed were purchases of corporate offerings from Weyerhaeuser and General Motors. He also invested in an exchange-traded fund that replicated a high-yield bond index.
The president bought corporate bonds in the energy, technology, healthcare and financial services sectors, with issuers including Constellation Energy, Occidental Petroleum, Broadcom, Nvidia, Meta, Microsoft and Wall Street banks Citigroup, Goldman Sachs and JPMorgan Chase, in addition to Boeing.
The combined maximum value of Trump’s bond purchases across all asset classes is approximately $161 million.
