Friday 24 December 2021

IHS Markit adds #Saudi bonds to iBoxx index, Tadawul says | ZAWYA MENA Edition

IHS Markit adds Saudi bonds to iBoxx index, Tadawul says | ZAWYA MENA Edition

Saudi exchange operator Tadawul said in a tweet on Wednesday that IHS Markit had included the Saudi government Sukuk market in its iBoxx global government bond index.

Saudi Capital Market Authority said in a statement that the inclusion will help the sukuk and debt instruments market indices to be followed by international investors.

CMA expected that a further 27 government debt instruments listed on Tadawul will join the index starting from Jan. 31, 2022, making up around 0.19 percent of iBoxx's weight.

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