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FINANCIAL NEWS
Saudi Arabia to issue USD10b worth of bonds
28 Aug 2016
(MENAFN) Saudi Arabia aims to issue at least USD10bn worth of bonds in Oct in its first global bond sale.
Additionally, the kingdom low debt to GDP ratio offers it with full room to enhance its bond issuance program in a lower rate environment.
Moreover, the issuance of bonds will help the kingdom cut the deployment of foreign reserves.
Meanwhile, Saudi Arabia decided to resort to the global markets rather than issue these bonds in the Saudi market in order to be safe economically.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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