The debt issuance is in line with NDMC’s approved annual borrowing plan
National Debt Management Center
Latest in National Debt Management Center
bond issuance
Saudi local Sukuk oversubscribed $2.35bn
The Sukuk issuance was divided into two tranches: the first tranche with a size of SAR1,266 billion maturing in 2030
bond issuance
Saudi Arabia announces partial repurchase of $1.3 billion outstanding dollar-denominated bonds
These bonds are maturing in 2023, 2025 and 2026
debt market
BNP Paribas, Citigroup, Goldman Sachs among new debt market primary dealers appointed by Saudi Arabia
The move to rope in global financial institutions is aimed at further developing the country’s secondary debt market by diversifying the investor base
debt market
Saudi Arabia plans to keep debt stable as oil income surges
Saudi Arabia plans to deliver its first budget surplus in eight years in 2022, along with the fastest economic growth since 2011
bond market
Saudi deal with Euroclear to allow foreigners access to debt
Major emerging economies like Russia have in recent years partnered with Euroclear to lure bond inflows by allowing it to act as a custodian for foreign investors’ collateral