Trump Buys $51m in Bonds

by Toye Faleye

President Donald Trump bought at least $51 million in bonds in March, including both government-backed and corporate bonds, according to public filings.

Filings from the U.S. Office of Government Ethics show that Trump made 175 financial transactions last month.

His biggest deals ranged from $1 million to $5 million each, mostly in municipal bonds and U.S. Treasuries issued by states, counties, and school districts. Altogether, these bond transactions totalled at least $51 million.

The filings also show that Trump invested in corporate bonds from companies in energy, technology, healthcare, and finance.

These included well-known firms like Constellation Energy, Occidental Petroleum, Broadcom, Nvidia, Facebook, Microsoft, Citigroup, Goldman Sachs, JPMorgan Chase, Boeing, Weyerhaeuser, and General Motors. He also bought shares in an exchange-traded fund that tracks high-yield bonds.

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The exact value of each transaction was reported as a range, not a specific number. 

If every investment was at the top of its range, Trump’s total bond purchases could be as high as $161 million. The lowest possible total is $51 million, which is the sum of the minimum values reported.

The filings highlight Trump’s broad and aggressive activities. The filings show that Trump was active in the bond market, buying both safe government bonds and riskier corporate debt.

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