14 Hrs
Source:
الاقتصادية
Saudi Arabia plans international sukuk issuance
Saudi Arabia plans to issue international sukuk denominated in dollars with maturities of 5 and 10 years, with the possibility of fixing the price later in the day. The guide price for the 5-year tranche has been set at around 100 basis points above the yield on U.S. Treasury bonds, while the 10-year tranche is indicated at 110 basis points. The issuance aims to meet international financing needs and to enhance the Kingdom's position in the global bond market.
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