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FINANCIAL NEWS
Saudi Arabia to borrow USD10-15bn in 2017
25 Dec 2016
(MENAFN) Saudi Arabia aims to borrow between USD10 to USD15bn from global markets in the coming year and almost 70bn riyals from the local market.
Moreover, the Saudi government borrowed USD17.5bn this year in its first global bond issue and also raised USD10bn global loan.
Additionally, it offered almost 20bn riyals of domestic bonds to banks every month among September, before suspending those issues.
M
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