Saudi's Tadawul approves listing of $933mln debt instruments

The debt instruments are of a class already listed and issued by the Saudi government, and submitted by the Ministry of Finance

  
A Saudi woman walks at the Saudi stock market (Tadawul), in Riyadh, Saudi Arabia March 9, 2020.

A Saudi woman walks at the Saudi stock market (Tadawul), in Riyadh, Saudi Arabia March 9, 2020.

REUTERS/Ahmed Yosri

Riyadh –  Saudi Tadawul Group has approved the listing of debt instruments worth SAR 3.53 billion as of 30 May 2021, according to a disclosure on Thursday.

The debt instruments are of a class already listed and issued by the Saudi government, and submitted by the Ministry of Finance.

There will be an increase of SAR 3.3 billion in an issue on 7 January 2021 to reach SAR 13.9 billion, in addition to another raise by SAR 225 million in an issue on 12 January to reach SAR 2.33 billion.

Last February, Tadawul nodded for listing debt instruments worth SAR 3.16 billion of a class already listed.

Source: Mubasher

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