The Kingdom of Saudi Arabia’s flag
Saudi Arabia closed investor requests for international bond issuance, as part of the Saudi Government International Bond program,theNational Debt Management Center (NDMC) announced. 
Total subscription requests reached approximately $37 billion, exceeding three times the total issuance of $12 billion (SAR 45 billion), divided into three tranches, NDMC said in a statement.
The first tranche amounted to $5 billion (SAR 18.75 billion) for three-year bonds maturing in 2028. The second tranche was $3 billion (SAR 11.25 billion) for six-year bonds maturing in 2031, while the third tranche was $4 billion (SAR 15 billion) for 10-year bonds maturing in 2035.
This move is part of the center’s strategy to broaden the investor base, with the aim of efficiently meeting the Kingdom’s financial requirements from global debt markets.
The significant interest from international investors in government debt instruments reflects their confidence in the robust Saudi economy and the prospective investment opportunities it offers, the statement added.
The Kingdom of Saudi Arabia’s flag
Saudi Arabia closed investor requests for international bond issuance, as part of the Saudi Government International Bond program,theNational Debt Management Center (NDMC) announced.
Total subscription requests reached approximately $37 billion, exceeding three times the total issuance of $12 billion (SAR 45 billion), divided into three tranches, NDMC said in a statement.
The first tranche amounted to $5 billion (SAR 18.75 billion) for three-year bonds maturing in 2028. The second tranche was $3 billion (SAR 11.25 billion) for six-year bonds maturing in 2031, while the third tranche was $4 billion (SAR 15 billion) for 10-year bonds maturing in 2035.
This move is part of the center’s strategy to broaden the investor base, with the aim of efficiently meeting the Kingdom’s financial requirements from global debt markets.
The significant interest from international investors in government debt instruments reflects their confidence in the robust Saudi economy and the prospective investment opportunities it offers, the statement added.
