Former US President Donald Trump acquired at least $51 million in bonds during March, according to financial disclosures released over the weekend. The substantial purchases spanned multiple sectors, with the U.S. Office of Government Ethics revealing 175 financial transactions by Trump last month. While the forms do not provide an exact value for each sale or purchase, they indicate a range of values, with the combined maximum value of its bond acquisitions across all asset classes reaching about $161 million.
A significant portion of the assets disclosed were municipal bonds, issued by a variety of entities including states, counties, school districts, and other public agencies or public-private partnerships. Among its 26 largest transactions, each valued in the $1 million to $5 million range, the majority involved municipal bonds or U.S. Treasuries. Notably, two of these major deals involved the purchase of corporate offerings from Weyerhaeuser and General Motors.
Apart from government-linked instruments, the former president also diversified into corporate bonds in key sectors. These investments include energy (Constellation Energy, Occidental Petroleum), technology (Broadcom, Nvidia, MetaPlatforms, Microsoft), healthcare, and financial services, with major Wall Street banks such as Citigroup, Goldman Sachs, and JPMorgan Chase, along with Boeing. Additionally, Trump invested in an exchange-traded fund designed to track a high-yield bond index, further broadening his market exposure.
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