#SaudiArabia has completed its first international #bond issuance of $12 billion in 2024.
The issuance was oversubscribed 2.5 times, with investors from around the world showing strong demand for Saudi debt.
The issuance is part of the Kingdom's strategy to diversify its funding sources and attract foreign investment.
It also reflects the confidence of international investors in Saudi Arabia's economy.
The issuance is divided into three tranches, with maturities of 6 years, 10 years, and 30 years. Citigroup, JPMorgan Chase, HSBC Holdings, and Standard Chartered are managing the transaction.
The world of capitalism will never learn the lesson from the failed product called BONDS.
#nostr #bitcoin
Asaad
npub14rs…f2t0
2024-01-10 15:46:22
Author Public Key
npub14rsz57esrcg099guenn3wwa3lkr35xf8rms4rtn5nfzsrlqtgppq0pf2t0Published at
2024-01-10 15:46:22Event JSON
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"content": "#SaudiArabia has completed its first international #bond issuance of $12 billion in 2024. \nThe issuance was oversubscribed 2.5 times, with investors from around the world showing strong demand for Saudi debt.\n\nThe issuance is part of the Kingdom's strategy to diversify its funding sources and attract foreign investment. \nIt also reflects the confidence of international investors in Saudi Arabia's economy.\n\nThe issuance is divided into three tranches, with maturities of 6 years, 10 years, and 30 years. Citigroup, JPMorgan Chase, HSBC Holdings, and Standard Chartered are managing the transaction.\n\n\nThe world of capitalism will never learn the lesson from the failed product called BONDS. \n\n#nostr #bitcoin",
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