Oil attacks send Saudi Arabia, Aramco bonds to multi-week lows - Reuters:
Dollar-denominated bonds issued by Saudi Arabia’s government and state-oil firm Saudi Aramco tumbled to multi-week lows on Monday following a weekend attack on Saudi Arabia’s oil facilities that shut about 5% of global supply.
Saudi Aramco’s longer-dated bonds bore the brunt of the falls with the 2049 issue XS1982116136=TE dropping nearly 3 cents in the dollar to touch their lowest since early August, data from Tradeweb showed.
The government sovereign bonds also came under pressure, with longer-dated issues falling between 1-2 cents.
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