The Kingdom of Saudi Arabia’s flag
Saudi Arabia began today, Jan. 6, the first bond sale in 2025, Bloomberg reported, citing sources. 
The dollar-denominated bonds are issued in three tranches with maturities of three, six, and ten years.
Sources indicated that the final pricing and volume for each of the three bond tranches are expected to be determined by the end of the trading day. Citigroup, Goldman Sachs, and JP Morgan Chase are leading the bond sale.
According to data available on Argaam, Minister of Finance Mohammed bin Abdullah Al-Jadaan approved the annual borrowing plan for the fiscal year (FY) 2025, after it was approved by the National Debt Management Center (NDMC).
According to the plan, the expected financing needs for 2025 are estimated at approximately SAR 139 billion, to cover the anticipated budget deficit of SAR 101 billion.
The Kingdom of Saudi Arabia’s flag
Saudi Arabia began today, Jan. 6, the first bond sale in 2025, Bloomberg reported, citing sources.
The dollar-denominated bonds are issued in three tranches with maturities of three, six, and ten years.
Sources indicated that the final pricing and volume for each of the three bond tranches are expected to be determined by the end of the trading day. Citigroup, Goldman Sachs, and JP Morgan Chase are leading the bond sale.
According to data available on Argaam, Minister of Finance Mohammed bin Abdullah Al-Jadaan approved the annual borrowing plan for the fiscal year (FY) 2025, after it was approved by the National Debt Management Center (NDMC).
According to the plan, the expected financing needs for 2025 are estimated at approximately SAR 139 billion, to cover the anticipated budget deficit of SAR 101 billion.
