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Banks in Kingdom ‘ready to accommodate bond issues’

In early August 2015, the Saudi government issued SR20 billion in local currency debt subscribed by public institutions and local banks.  The bonds were issued across three tranches with five-year 1.92 percent yield, seven-year 2.34 percent yield, and 10-year 2.65 percent yield maturities. The issuance followed a SR15 billion private…

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