Tadawul to list SAR 4 bln debt instruments under previously-listed class

30/08/2018 Argaam

The Saudi Stock Exchange (Tadawul) approved a request from the Ministry of Finance to list debt instruments worth SAR 4 billion starting Aug. 30.

A request was submitted by the Ministry of Finance as per the Listing Rules approved by the Capital Market Authority (CMA) for instruments from a class already listed.

Tadawul will raise the issuance dated July 5, 2018 by SAR 2.25 billion to SAR 4.35 billion.

The value of the issuance dated July 7 will be increased by SAR 500 million to SAR 1.462 billion, while the issuance dated July 10 will be boosted by SAR 1.25 billion to SAR 1.653 billion.


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