Saudi's Tadawul approves listing of nearly $1.86bln government debt instruments

Listing of the debt instruments’ reissue will begin on Sunday, September 19

  
Image used for illustrative purpose.

Image used for illustrative purpose.

TADAWUL

Riyadh –  The Saudi Exchange (Tadawul) gave the green light to listing government debt instruments worth SAR 6.67 billion for a class already issued earlier this year.

Listing of the debt instruments’ reissue will begin on Sunday, 19 September, according to a bourse statement on Thursday.

Tadawul nodded to increasing an issuance on 8 August by SAR 3.17 billion to reach SAR 5.67 billion.

Another offering on 12 January 2021 will be raised by SAR 2.85 billion to stand at SAR 9.67 billion.

The third and last reissue will be for an offering on 15 August that will be increased by SAR 650 million to total SAR 5.01 billion.

Source: Mubasher

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