Daily Business Wrap - Big money coming to Saudi, Mena

Name: Daily Business Wrap - Big money coming to Saudi, Mena
Uploaded: 2019-01-10T18:05:44+04:00
Description: KSA attracted bids of $27 billion for a $7.5 billion bond issue after a gap of 5 months

KSA attracted bids of $27 billion for a $7.5 billion bond issue after a gap of 5 months

Last updated: January 10, 2019 | 18:05

Gulf News

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The dollar bonds sold on Wednesday mature in both 2029 and 2050 and attracted $27bn of orders. Saudi Arabia will pay a yield of 4.48 per cent on the bonds maturing in 2029, and 5.328 per cent on the 2050 debt.