Tue, 2022-10-18 12:28
RIYADH: Saudi Arabia is planning to issue new bonds and sukuk denominated in US dollars while offering their holders the opportunity to acquire existing notes in exchange for cash.
The price guidance for the new notes was around 135 basis points over US treasuries for sukuk and 180 basis points over US Treasury bonds for conventional bonds, respectively, according to London Stock Exchange filings.
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