Saudi Tadawul approves listing $1.54bln government debt
The listing of the government debt instruments reissue shall commence starting from Tuesday, 19 May 2020
A man walks at the Saudi Stock Exchange (Tadawul) following the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. Image used for illustrative purpose.
By Staff Writer, Mubasher
Riyadh – The Saudi Stock Exchange (Tadawul) has approved the listing of debt instruments from a class already listed, as requested by the Ministry of Finance.
The value of the new debt instruments, issued by the Saudi government, amounts to a total of SAR 5.755 billion.
This includes a SAR 3.8 increase in the issuance of 5 October 2019, and SAR 1.95 billion addition to the 10 October 2019 issuance.
The listing of the government debt instruments reissue shall commence starting from Tuesday, 19 May 2020.
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