Wednesday 2 May 2018

Saudi debt office head says able to issue up to 100-year bonds, but not keen at moment | ZAWYA MENA Edition

Saudi debt office head says able to issue up to 100-year bonds, but not keen at moment | ZAWYA MENA Edition:

"Saudi Arabia is able to issue 50- or 100-year bonds, but is not keen at the moment to sell debt of such long maturities, the head of its debt management office said on Wednesday. "Are we able to issue 50, 100 years, yes. Are we able to issue in different currencies other than dollars, yes. Are we keen to take that step at the moment, I don't think so," Fahad al-Saif told a business conference in Riyadh. "We don't wanna take a step unless it reflects that issuances are mature issuances," he said."



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