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Tuesday, May 31, 2016

Saudi Arabia Said to Eye Bond Sale of as Much as $15 Billion

http://www.bloomberg.com/news/articles/2016-05-31/saudi-arabia-said-to-weigh-bond-sale-of-as-much-as-15-billion

Saudi Arabia is considering selling as much as $15 billion of bonds this year in what would be the country’s first foray into international capital markets, people with knowledge of a matter said.
Encouraged by Qatar’s record issue last week, Saudi Arabia is weighing a sale of at least $10 billion in five-, 10- and 30-year bonds after Ramadan ends in July, the people said. No final decision has been made and the discussions are still at a preliminary stage, the people said, asking not to be identified as the talks are private. 

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