Saudi Arabia Archives - Page 2 of 2 - Track Live Bond Prices Online with BondEValue App

Saudi’s MBS Lining Up $80bn Fund for Flagship Project Neom

Saudi’s MBS Lining Up $80bn Fund for Flagship Project Neom

by Amruth Sundarkumar | Jul 26, 2022 | Sovereign Bonds, Sovereigns

Saudi Arabia’s Prince Mohammed bin Salman (MBS) announced that the kingdom will set aside SAR 300bn ($80bn) for an investment fund dedicated to his flagship project, Neom. As per the latest announcement, the first phase that runs till 2030 will cost SAR 1.2tn...

Saudi Raises €1.5 Billion via Euro Issuance; Marks The Gulf’s First Negative Yielding Bond

Saudi Raises €1.5 Billion via Euro Issuance; Marks The Gulf’s First Negative Yielding Bond

by bondevalue | Feb 25, 2021 | Sovereign Bonds

Saudi Arabia tapped the international bond markets on Wednesday, this time with a euro denominated issuance. It raised: €1bn via 3Y bonds at a yield of -0.057%, 40bp over Mid Swaps and 20bp inside initial guidance of MS+60bp area €500mn via 9Y bonds at a yield of...