Sunday 28 April 2019

#SaudiArabia may issue euro-demonimated bonds this year - finance minister - Reuters

Saudi Arabia may issue euro-demonimated bonds this year - finance minister - Reuters:

Saudi Arabia may issue euro-denominated bonds this year, depending on market conditions, Finance Minister Mohammed al-Jadaan said on Sunday.

Saudi Arabia plans to issue 118 billion riyals ($31.47 billion) in debt this year to help finance the national budget deficit, the country’s Debt Management Office (DMO), part of the ministry of finance, said last month.

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