Saudi Arabia raises more than SR15bn in bond sale
Aran News Saudi Arabia28 Mar, 2020News
Gulf oil exporters are increasingly turning to debt sales to help fund spending in a low oil price environment while at the same time developing their own capital markets as part of ongoing diversification reforms. �The closure of the issuance of government bonds exceeding 15 billion riyals shows many positive elements,� said Abdullah Ahmad Al-Maghlouth, a member of the Saudi Economic Society.
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