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Tadawul cancels 610m Riyal debt listing

Tadawul cancels 610m Riyal debt listing

Tadawul Saudi Arabia announced that it has canceled the listing of a government debt issuance worth 610 million riyals after its completion, as issuance number 1006-10 designated for trading has been removed and its maturity period has ended. This step is part of regulatory measures to update the records of government debt instruments, leading to the suspension of trading and the repayment of the nominal value to eligible investors. This enhances the efficiency of the debt instruments market and allows for the future listing of new instruments to support budget financing and diversify sources of income.

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