Saudi Arabia may issue euro-denominated bonds this year: minister

28/04/2019 Reuters

 

Saudi Arabia may issue euro-denominated bonds this year, depending on market conditions, Mohammed Al-Jadaan, Minister of Finance has said.

 

Saudi Arabia plans to issue SAR 118 billion ($31.47 billion) in debt this year to help finance the national budget deficit, the Kingdom’s Debt Management Office (DMO), part of the ministry of finance, said last month.

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